ompany last week bought technology created by Florida’s Universal Entertainment Group and licensed by the Iowa Tribe of Oklahoma to open an online real-money poker site early next year.
Monster already has a connection to Universal Entertainment: Consultant Fereidoun “Fred” Khalilian, who once ran Paris Hilton’s nightclub in Orlando and has a checkered past as a telemarketer, is Monster’s interim chief operating officer.
Monster Products founder Noel Lee declined to say how much his Technology Group paid for the software, but described the deal as a “natural” for the company he started 38 years ago by selling premium audio speaker wire.
