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Sportingbet Plc, at the time the world's largest publicly traded online gaming company online strip video poker announced the acquisition of ParadisePoker.com, one of the online online strip video poker industry's first and online strip video poker cardrooms. The 0 million dollar acquisition marked the first time an online cardroom was owned by a public company. Since then, several other cardroom parent companies have gone public.In June 2005, online strip video poker online strip video poker parent company of the then online strip video poker online cardroom, online strip video poker went public on the London Stock Exchange, achieving an initial public online strip video poker market value in excess of billion dollars. At the time of the IPO, ninety-two percent of Party Gaming's income came from poker operations.The market appears to be currently in a consolidation phase. In early 2006, PartyGaming moved to acquire EmpirePoker.com from Empire Online. Later in the year, bwin, an online strip video poker based online gambling company, acquired PokerRoom.com. Other poker rooms such as PokerStars and Poker.com that were rumored to be exploring.

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