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DragTheBar acquires Poker Swat

DragTheBar.com Announces Acquisition of Poker Training Site PokerSwat.com

Addition of 240 new videos is latest big announcementfrom emerging poker training site

CHARLOTTE, N.C. — January 18, 2010 —

     Emerging poker training site DragTheBar.com (www.dragthebar.com) announced today it has acquired anothertraining site, PokerSwat.com (www.pokerswat.com), and its library of 240 pokercoaching videos. The move makes DragTheBar.com the first training site to acquire another and integrate its entire poker video library.  The news comes hard on the heels of DragTheBar.com’s announcement last week that ithad added legendary player/coach Dusty “Leatherass” Schmidt to its coaching team. 

CEO Hunter Bick, who founded DragTheBar.com in June with partners Phil Nagy and Korey Gillis, said buying PokerSwat.com strengthens his site immeasurably.“We have 11 amazing coaches, and they’re putting up great training videos all the time,”Bick said. “But given that we’re a start-up, we felt our video library was a little light.Now it’s as robust as anything you’ll find out there. We’ve got tremendous momentum now, as our depth has been increased significantly.”Bick said the PokerSwat.com videos will be integrated into his company’s library over the next 60 days. He also said some PokerSwat.com coaches may migrate to DragTheBar.com, though it’s still to be determined who might be making the move.

PokerSwat.com is Ireland-based and was owned by PokerSwat Ltd. The site went live in Nov. 2008 and has approximately 1,000 total members. PokerSwat.com had stopped producing new content over the past several months, but Bick said DragTheBar.com will honor PokerSwat.com’s obligations to its members. Both parties mutually agreed that moving forward DragTheBar would honor any and allmemberships that were currently active from the date of purchase. Both parties main concern was making sure members continue to receive high quality poker training. Bick went on to say the PokerSwat.com acquisition “adds a lot of value” to existing DragTheBar.com members.“In addition to the great coaching content they’ve been receiving, now our members will be able to view an additional 240 poker training videos,” Bick said. “We’ll have No-Limit videos by great coaches like Ozzy87 and Traheho, and even Pot-Limit Omahavideos by the likes of Gavz101 and Roundtower.”

About DragTheBar.com

DragTheBar.com boasts some of the world’s top online poker coaches, all of whom are active in the site’s forums, as well as free membership options with rakeback at a variety of poker rooms.The site’s poker training videos and poker software are not DRM’d and are compatible withiPods and other MP3 players. In addition to poker, the site also offers backgammon videoscoached by world champion Bill Robertie.There is no sign-up fee for joining DragTheBar.com, which has one membership level for allstakes and multiple payment options. The site is presently offering a 7-day free trial to allprospective members. Press contact: Phil Nagy 877-494-8331 phil@dragthebar.com

 

Great news for the poker training industry as some of the much needed consolidation starts off in 2010.  The combined library should make the new Drag the Bar poker training site amongst the top training sites out there.  Feel free to read ptg's DragtheBar review as well as our PokerSwat review to see what you can learn from.

In addition to the acquisition news, the FREE 7 day trial for Dragthebar is also live today.  Get FREE poker training now and click here to see what other free trials exist!