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World Poker Fund to acquire stake in Oklahma tribe’s iGaming assets

4th May 2016 8:51 am GMT

World Poker Fund Holdings (WPFH), the poker and entertainment business backed by rapper Soulja Boy, has signed an agreement to acquire a 49 per cent stake in Universal Entertainment Group (UEG), the online gaming subsidiary of the Iowa Tribe of Oklahoma.

The acquisition gives WPFH access to assets including trademarks, online gaming platforms and source codes of UEG, as well as casino licensing and consulting agreements.

The full financial details and scope of the transaction are yet to be disclosed.

UEG develops [...]

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