Cafrino acquires National League of Poker

Legal online poker operator Cafrino has acquired rival firm National League of Poker (NLOP) for an undisclosed sum.

Both Cafrino and NLOP offer real-money online poker in the US with tournaments free to entrer and prizes paid through advertising or subscriptions.

Cafrino will continue to run both brands as separate entities.

“It’s a fantastic addition to what we’ve been doing with Cafrino,” said CEO Mike Murphy, who headed NLOP before joining Cafrino.

“The acquisition of such a quality product, with over 1.3 million users, makes this an amazing deal. When originally running NLOP from 2013-2014, we had big plans. I’m excited to get the chance to pick up where we left off.”

Stan Hunting, who has headed NLOP since Murphy’s departure, joins Cafrino as part of the acquisition and will assume the role of VP of Ad Operations.

Murphy said: “Stan and I worked closely at NLOP, and he brings valuable expertise in ad operations, which will greatly benefit the Cafrino team.”

Cafrino Chairman Haig Kayserian, who negotiated the deal along with company CEO Mike Murphy and General Counsel John Buckman, said he was delighted at the opportunity the acquisition presented.

“Cafrino has been on a steady growth path under the leadership of our CEO Mike Murphy, and this acquisition of National League of Poker represents the exact push we needed to accelerate that growth,” Kayserian said.