This game is said to be a global sport that crosses cultural boundaries and players from around the world can be found online. Dragon Ventures (a high-tech holding company) is one of first groups these to enter the untapped Chinese poker market. According to the company’s prospectus, Dragon Ventures acts as an incubator of high-tech companies in China, offering support in critical function of general business consulting, formation of joint ventures, access of capital, merger and acquisitions, business valuation, and revenue growth rate.
It is expanding its product with its recent announcement of its letter of intent (LOI) to acquire the exclusive marketing rights for Cardroom.net. This will give the company advertising rights throughout China, Hong Kong, and Taiwan.
The company stands to receive a big pay-out if the game takes off in China. It will receive a 40 percent pay-out on all revenues net of expenses, chargebacks other miscellaneous transaction fees on all referrals generated by the company.
According to Dragon Venture’s CEO Lawrence Wang, there is a lot of attention surrounding the new market and profit possibilities. "We are extremely excited about marketing rights for CardRoom.net. As the popularity of poker explodes in the U.S. and Europe, we believe that the popularity of poker will be gaining traction in China, Hong Kong and Taiwan in the very near future," Wang said in a recent press release.
The company is set to rake in the money thanks to its progressive business plan. "We are formulating our marketing strategy with marketing professionals in the gaming industry in China. We believe our marketing program will quickly drive us to a new level. The economic profits for us could be tremendous for years to come, considering the rapid growth of the online gaming industry in China, Hong Kong, Taiwan," Wang said.

