Now the poker industry has begun digesting the news of Amaya Gaming’s surprise acquisition of PokerStars and Full Tilt Poker for $4.9 billion, analysts have started trying to assess what the seismic business deal will mean for the future of online poker. Initially, optimists assumed the purchase would lead...
June 18th, 2014 By Stephen Smith
In 2011, Portugal received a €78 billion IMF-EU bailout package in order to help stabilize its battered public finances. As part of the deal the Troika demanded the implementation of a number of tax revenue-raising measures, including the liberalization of its online gaming market, estimated to be worth €250...
June 17th, 2014 By Charles Washington
This week the gaming industry learned that Amaya Gaming has agreed to purchase the Rational Group, parent company of PokerStars and Full Tilt Poker, for a staggering $4.9 billion. Not only is the deal expected to give the Canadian maker of gambling equipment and systems a huge financial boost...
June 16th, 2014 By Lucy Brown
The New Jersey Division of Gaming Enforcement (DGE) has released its online gambling figures for May, revealing an 8.39% decline in revenues to $10.47 million, compared to the $11.43 million taken in April. From that total, casino games were down by 7% to $8.2 million, while online poker had...
June 13th, 2014 By Shane Larson
Up until now Party NJ and its two sites nj.partypoker.com and borgatapoker.com had been the leading poker network in the US. Now, however, that situation has changed after WSOP.com increased its traffic by a massive 50% over the past three weeks. Commenting on the remarkable turnabout, traffic watchdog site...
June 12th, 2014 By Shane Larson
Over the past few months there has been a lot of speculation that PokerStars could allow itself to merge or be purchased in order to re-enter the US online poker market. William Hill, Steve Wynn, bwin.party and Amaya Gaming have all been cited as potential buyers of the site,...
June 11th, 2014 By Lucy Brown
While Nevada Senator Dean Heller circulates a new poker-only online gambling bill on Capitol Hill, entitled “Internet Gambling Prohibition and Control Act of 2014,” a dispute has broken out as to whether Caesars Entertainment played a major role in drafting the potential piece of legislation. The controversy also comes...
June 10th, 2014 By Charles Washington
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