World Poker Fund Holdings has acquired a 49% stake in the online gaming assets of Universal Entertainment Group, the digital outfit that created the online poker site PokerTribe.com for The Iowa Tribe of Oklahoma.

World Poker Fund Holdings, Inc (WPFH). will be an integral part of The Iowa Tribe of Oklahoma’s first foray into the world of international online gambling.

The online and event-based social gaming platform and brand owner that signed former World Series of Poker (WSOP) Main Event winner, Jamie Gold, to act as advisor and ambassador, have acquired a 49% stake in digital entertainment outfit Universal Entertainment Group’s (UEG) online gaming assets.

Assets include trademarks, online gaming platforms, source codes, casino licensing, and consultation agreements. UEG were the platform that The Iowa Tribe of Oklahoma paid an undisclosed sum of dosh to set up PokerTribe.com, the website that the tribe hopes will be the portal to global online poker domination.