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Playtech Lands Strategic Partnerships in New Markets

Playtech Lands Strategic Partnerships in New Markets
Jan 24, 2012 by Michael Mancini
Category: Poker Industry

Playtech has announced a series of partnerships that may allow the online gambling software company to position itself in several emerging markets. In total, three different acquisitions were made by Playtech, each of which gives them a strategic partner in a different market.

...

Ladbrokes Purchases Stake in Stadium Technology

Ladbrokes Purchases Stake in Stadium Technology
Jan 24, 2012 by Steven Lock
Category: Poker Industry
UK gambling giant Ladbrokes has begun taking steps in anticipation of entering the US market. Ladbrokes, which owns over 2,000 locations in Europe and has a strong online presence, paid $3 million in exchange for a 65% share in Stadium Technology, a Las Vegas software deve...

Zynga Expresses Interest in Real Money Poker

Zynga Expresses Interest in Real Money Poker
Jan 20, 2012 by Steven Lock
Category: Poker Industry

Zynga has been one of the leading names in play money poker, having cornered the market on free games through Facebook and other portals. Now, the company that boasts over 7 million daily players is expressing an interest in moving into the world of real money online gambling.

...

Justice Department Ruling Could Allow for Multistate Online Poker

Justice Department Ruling Could Allow for Multistate Online Poker
Jan 18, 2012 by Michael Mancini
Category: Poker Industry

With the recent encouraging developments in the ongoing efforts to regulate online poker in the United States, a new possibility has begun gaining momentum among lawmakers: an interstate online poker compact that would allow players from various states to compete with each oth...

Nevada Casinos Post Heavy Losses in 2011

Nevada Casinos Post Heavy Losses in 2011
Jan 8, 2012 by Susan Arnold
Category: Poker Industry
While Nevada’s casino market may have improved in 2011, large casinos still have a long way to go to regain profitability. According to the Nevada Gaming Control Board, the state’s largest casinos lost nearly $4 billion over the past year, even as revenues rose...

John Duthie Splits with PokerStars

John Duthie Splits with PokerStars
Jan 5, 2012 by Susan Arnold
Category: Poker Industry

Poker pro and European Poker Tour founder John Duthie has parted ways with both PokerStars and the EPT, ending an era that saw him bring the EPT into the spotlight as one of the most important poker tours in the world.

Duthie first split with online poker giant PokerStars w...

Belgium Approves Three Poker Site Licenses

Belgium Approves Three Poker Site Licenses
Jan 4, 2012 by Steven Lock
Category: Poker Industry

Belgium took a major step towards offering licensed online poker this week, approving three different real money online poker sites for players to choose from in the country. The three companies receiving the licenses were PokerStars, Partouche and Casino777, each of which wil...

Pennsylvania Surpasses Atlantic City in Monthly Gambling Revenues

Pennsylvania Surpasses Atlantic City in Monthly Gambling Revenues
Dec 17, 2011 by Michael Mancini
Category: Poker Industry

The last few years haven’t been kind to the Atlantic City gambling industry, which has seen a dramatic fall-off in casino revenues. Now, it appears that one of the city’s closest competitors may be passing it by to become the second largest gambling market in the U...

EPL Signs Content Agreements with USA Today, Big Lead Sports

EPL Signs Content Agreements with USA Today, Big Lead Sports
Dec 1, 2011 by Michael Mancini
Category: Poker Industry

The Epic Poker League announced two content partnership deals this week, hoping to raise the profile of the league and give it a wider media presence.

The first agreement was one made with the USA TODAY Sports Media Group. This deal will see USA Today publish the Global Pok...

FTP, US Government, and Groupe Bernard Tapie Reach Agreement

FTP, US Government, and Groupe Bernard Tapie Reach Agreement
Nov 17, 2011 by Steven Lock
Category: Poker Industry
French investment syndicate Groupe Bernard Tapie has reached an agreement with the U.S. Department of Justice and the owners of Full Tilt Poker that will allow GBT to take control of the site and its assets, said an attorney for the group. The purchase will cost GBT $80...
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