Party CEO reverses plans to sell PartyGaming shares

November 27th, 2007
Party Gaming

Related Articles

In a move that is generating a good amount of chatter in the online poker community, PartyGaming CEO Mitch Garber reversed plans to sell a large chunk of PartyGaming stock and exercised an option for 3.5 million shares.

Garber now holds over 8 million shares in the company, which is over double the amount of shares he needs to hold by the terms of his contract.

Observers are speculating that Garber’s decision indicates possible progress in acquisition talks or perhaps some unreported political developments in the US regarding online gaming regulation. Party was rumored to be speaking with several US casino companies about a takeover during the recent Global Gaming Expo in Las Vegas.


Article Credit: Staff

Top 5 Poker Rakeback Offers
A typical low stakes player who plays a few hours a week can earn thousands a year in rakeback. Learn more about what rakeback is and how it works.

View all PTP Rakeback offers here.

Full Tilt Review
Rakeback Rate: 27%
Pays: Weekly
Stats: Daily updates

Sign up for FTP Rakeback

Cake Poker Review
Rakeback Rate: 33%
Pays: Monthly
Stats: Daily

Sign up for Cake Poker Rakeback

Carbon Poker Review
Rakeback Rate: 30%
Pays: Daily
Stats: Updates Daily

Sign up for Carbon Poker Rakeback

WSEX Review
Rakeback Rate: 70%
Pays: Weekly
Stats: Updates Daily

Sign up for WSEX Rakeback

WSEX Review
Rakeback Rate: 30%
Pays: Monthly
Stats: Updates Daily

Sign up for Sun Poker Rakeback

Top 5 online poker rooms
Rooms hire certain types of players and pay them to play poker. Props must meet the following criteria:



Poker Stars
Rooms need players who won't berate customers and who can follow basic seating and conduct rules.

Full Tilt Review
Rooms look for players who can put in steady rake numbers on a regular basis

Cake Poker Review
Rooms look for players who can handle not revealing that they're being paid by the room to play poker.

Players who qualify can make up to 135% rakeback.

View available offers and request an application here.