Ukraine to Legalize Gambling by Next Year
In February of 2017, the Ukraine government announced that it intended to legalize gambling in order to generate much need revenues for the Eastern European nation. Ukraine Minister of Finance, Oleksandr Danilyuk (photo), subsequently published a letter that was sent to the International Monetary Fund laying out what the government intended to do to reform […]
PokerStars Correcting an Unbalanced System
PokerStars has attracted a lot of controversy since the brand was bought by Canadian company Amaya in 2014, with much of the criticism shot its way by a relatively small, yet vocal and demanding portion of the poker community that wants the firm to stop changing the way it does business. According to its detractors, […]
Bitcoin Payment Making Global Inroads
As of today (27/4/17) the price of Bitcoin has soared to $1,337, marking an all time high for the virtual currency, with the recent rally having started on March 26th at $952. The main catalyst for its soaring value appears closely linked to positive legislative news recently out of both Japan and Russia, whose legalization […]
GVC Discusses German Internet Poker Prospects
Kenny Alexander, the CEO of online gambling firm GVC, has been reported as saying that he has never felt more optimistic regarding the prospects of regulated online poker in Germany than he is right now. Strangely, his optimism stems from his belief that the amendments recently made to the German State Treaty on Gambling are […]
AI Heads-Up Poker Programs Now Capable of Beating the Pros
At the end of January, a Carnegie Mellon University (CMU) developed piece of AI software soundly thrashed a four player team of top poker pros, who ended their 20 day, 120,000 hand drumming in the red by a virtual $1,766,250. The AI program responsible for their defeat was called Libratus, and just over two months […]
Could a NJ/NY/PA iPoker Compact Work?
Playing online poker legally on a regulated site in New Jersey can be frustrating at best as these games are not run constantly, are typically in the low-to-mid stakes range, and tournament guarantees are currently lower than ever before. Yet with online poker legislation at the top of the conversation list in both Pennsylvania and […]
PokerStars Sees Surge in its Non-Poker Products
This year, Amaya Inc. announced its last quarter results for 2016 and overall result for the whole of the year, and it made excellent news for the Canadian company with its Q4 revenues rising by 5.9 percent to $310 million, and by 7.8 percent to $1.15 billion for 2016. Furthermore, Amaya had reached a total […]
