Audio tech firm Monster acquires PokerTribe.com software assets

A subsidiary of audio electronics firm Monster Inc has been revealed as the new owner of the software powering the nascent PokerTribe.com online gambling site.

On Wednesday, Monster Technology Group announced that it had acquired the online gaming software assets of Universal Entertainment Group (UEG) that underpin the Iowa Tribe of Oklahoma’s PokerTribe online gambling site.

PokerTribe.com has received the state of Oklahoma’s blessing to accept customers from international jurisdictions where such activity is legal. Last month, the Iowa Tribe announced the imminent sale of its online gambling software assets to “an internationally recognized company.”

On Wednesday, Monster Products Worldwide chairman Noel Lee (pictured, seated) said the “corporate expansion into gaming is a natural fit with the Monster philosophy.” Iowa Tribe chairman Bobby Walkup said collaborating with a company with Monster’s reach “will help us bring legitimate online gaming to players and enthusiasts worldwide.”