Blitzpoker Hosts Largest Freeroll Tournament in India’s History and Sets Player and Revenue Records
i3 Interactive Inc., is pleased to report that “Blitzpoker”, the Indian poker brand presently known as FTR Poker, and which the Company is in the midst of acquiring interests in pursuant to the terms outlined in the previously announced press release on August 10, 2020, ran the largest poker freeroll tournament in India’s history on August 22, 2020. The tournament attracted 9,503 registrations and offered several invaluable prizes, including a trip with Dan Bilzerian. The Indian poker brand has been an undeniable success – and the August customer acquisition numbers and daily revenue numbers have broken records for the brand.
Since the proposed acquisition of FTR Poker has been announced, Blitzpoker has grown registrations by nearly 170%, first time depositors by 127%, active players by 117% and gross revenue by five (5) times. In the month of August, the Indian poker brand attracted 20,151 new customers registrations on the poker site and had 3046 first time depositors. In the past four (4) months, the Indian poker site has earned over $500,000 USD and attracted over 50,000 active players.
The CEO of i3 Interactive, Chris Neville was asked about the Indian market and was quoted saying:
“…the early numbers and results speak for themselves and I’m extremely excited with our management team’s momentum in working to finalize the acquisition of FTR Poker and to solidify the Company’s footing in the Indian market. Our team identified India as a key target market early in our growth strategy and we expect continued success for the Blitzpoker brand for the foreseeable future. We have a goal of being the number 1 poker site in India in the next 12 months.”
With solid plans in place for upcoming TV interviews, newspaper and magazine allocations, Blitzpoker anticipates continued success into the later part of 2020. The Company is excited for its planned product innovations and offerings of invaluable and unique experiences.
