Partygaming Poker
PartyGaming for good with plans to set up Veddis Ventures. This new company, founded by Bhargava, is an independent investment company that operates out of London. Bhargava admits that he has never actually played a hand of poker before in an actual casino, but he does enjoy playing it online. With that, the core of PartyGaming was formed. PartyPoker was launched in 2001, with the company also offering other operators the chance to share in pooled liquidity by licensing a “skin” of the game on the same network. Several big casino sites jumped at this opportunity, and the iGlobalMedia poker network was live.
A photo of Vikrant Bhargava | |
| Born | 14 December 1972 (age 48) |
|---|---|
| Nationality | British |
| Education | Indian Institute of Technology Delhi Indian Institute of Management Calcutta |
| Occupation | Businessman |
| Known for | Co-founder of PartyGaming, company responsible for PartyPoker |
| Net worth | US$ 870 million (2005)[1] |
| Spouse(s) | Married |
| Children | 3 |
Vikrant Bhargava (विक्रान्त भार्गव) (born 14 December 1972) is an Indian-born British businessman, and the co-founder and former marketing director of online casino operator PartyGaming.
Early life[edit]
Bhargava is an alumnus of the Indian Institute of Management Calcutta, and also holds a bachelor's degree in Technology in electrical engineering from IIT Delhi.[citation needed]
Career[edit]
Party Poker Poker
Prior to joining PartyGaming, Bhargava was a credit officer at Bank of America, responsible for managing credit exposure and revenue for corporate clients, and a business analyst in the business development division of British Gas.[citation needed]
Party Gaming Poker
Bhargava joined PartyGaming (formerly iGlobalMedia) as marketing director in early 2000. In July 2001, he oversaw the marketing for the launch of PartyPoker, and was the face of Partygaming when it went public in 2005, at the time the London Stock Exchange's largest IPO of an internet company, valued at over $8 Billion.[citation needed]
In May 2006, Bhargava announced he would leave the company's board of directors at the end of the year.[2] He also stepped down from his executive role in the company. Quoted in eGaming Review, John Shepherd, director of PartyGaming corporate communications, credited Bhargava with transforming PartyGaming into a multi-billion pound company.[3] At the time of leaving PartyGaming, Bhargava's fortune was estimated to be £850 million.[4] ($1.6 billion at that time)
Bhargava later became the head of a private investment company, Veddis Ventures, registered in Gibraltar.[5] According to the Electoral Commission, Bhargava has donated around £380,000 to the Conservative Party via two of his companies, Stellite Finance and Aria Properties.[citation needed]
References[edit]
- ^'India's Richest: #30 Vikrant Bhargava'. Forbes. Retrieved 7 November 2019.
- ^PartyGaming's Billionaire Dikshit Quits Board
- ^'PartyGaming Executive Added as World Poker Congress Keynoter'.
- ^'Gibraltar Rich list: Top 5 Millionaires and their net worth in 2019'. 15 September 2018.
- ^'Donor Watch'. Private Eye (1445): 11. 2 June 2017.
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External links[edit]
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