Poker.co.uk - Poker News Archive
Friday 9th July 2004 LasVegasfromHome Introduces First Ever Rake Free Poker Room
LasVegasFromHome.com has announced the launch of its new concept in card rooms this week, www.zerorake.com. Rather than charging the industry standard rake or commission on every winning hand, players are only charged a fixed membership fee, a scheme that could benefit regular players substantially.
President and C.E.O., Mr. Jake Kalpakian states, 'The savings the players will enjoy are incredible when compared to what an active player pays in rake per month, especially the higher limit players.'
Mr. Kalpakian adds, 'This is just the first step in the Company's plans to build and introduce other innovative products in the broad Internet gaming sector. In the past, we focused on launching recognized, but unique games to the internet. Now we will also launch other products similar to Zerorake, which should significantly change the landscape in respect to the games involved. This initiative will run parallel to the Company developing and licensing its conventional core of established games.”
The service will operate through wholly owned Antiguan subsidiary, Action Poker Gaming Inc., and the company hopes the move will help it gain a strategic and competitive edge in the booming online poker market.
Source: OnlineCasinoNews
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