Business & Financial
PokerStars Issues Comment on Rumored Full Tilt Poker Acquisition
Eric Hollreiser, Head of Corporate Communications for PokerStars, issued a statement at 3:40 pm ET regarding the rumored acquisition of Full Tilt Poker by PokerStars.
It’s what Hollreiser does not say that speaks volumes.
Groupe Bernard Tapie Statement Concerning Full Tilt Poker Deal Falling Through
Groupe Bernard Tapie, which was in talks to acquire shuttered Full Tilt Poker following last April’s indictments, has backed out of the deal on Tuesday following reports that rival PokerStars has now purchased Full Tilt Poker and will pay back players in full.
The Associated Press was also releasing this news by Tuesday afternoon.
The complete statement is below:
Lock Poker Signs Annette "Annette_15" Obrestad
Lock Poker is extremely excited to announce the new addition to their LockPRO ELITE team, Annette Obrestad.
Obrestad’s overall career record is something that any poker player, male or female, would envy. Her illustrious online poker career started at the tender age of fifteen, where she played freerolls to build a bankroll, and continued through the legendary task of playing an entire tournament without looking at her hole cards. Thoroughly versed in her highly aggressive game, once Obrestad turned 18 she unleashed her talents on the live tournament poker world.
PokerStars Rumored to Have Purchased Full Tilt Poker
Chili Poker CEO Alexandre Dreyfus on Tuesday posted on his Twitter page the following:
"PokerStars buys Full Tilt for a consideration of $750M, including settlement with DOJ and full balances of players ($330M). I'm impressed."
Bally Technologies CEO on Internet Poker: “Expect to Announce Poker Partnerships Soon”
In an interview with Vegas Inc. Bally Technologies CEO Richard Haddrill hinted at potential new online poker partnerships.
888 Revenue Up 25 Percent in 1st Quarter 2012
(Reuters) - British online gaming company 888 Holdings said first-quarter revenue rose 25 percent as more people opted to use their services and gamble online amid an economic slowdown.
The company had 11.3 million casino, poker and sport real money registered customer accounts as on March 31, an increase of 23 percent from a year earlier.
888's consumer segment revenue rose 29 percent to $83 million (51 million pounds) in the first quarter, boosted by its casino and poker brands, the company said in a statement.
Gambling911.com World Exclusive: Everest Poker Network Vying for Massachusetts License
Gambling911.com had an opportunity to sit down with Ethan Park, Internal Counsel for Cambridge Interactive Development Corp. (CIDC), an Everest Poker Network subsidiary based in the US. Park discussed the latest move to legalize online poker stateside, this time in the commonwealth of Massachusetts.
Everest is vying for one of three licenses that will be available once legislation is passed.
CISPA Vote Anticipated Today – April 23: Online Poker PAC Funds Dry Up
A vote on the Cyber Intelligence Sharing and Protection Act (CISPA) was anticipated in the House on Monday (April 23, 2012). With funds drying up at the federal level for online poker PACs, expect the Poker Players Alliance to “tack this bill onto anything that is moving”, as Director John Pappas recently stated. CISPA looks like an “imperfect” host for now, but it is the only thing remotely acceptable that is “moving”.
LockOPS Cancelled
The highly anticipated LockOPS Lock Online Poker Series, initially scheduled for May (2012), has been cancelled by Merge Gaming, the poker network that hosts Lock Poker, Gambling911.com can reveal.
As of this morning Merge has officially cancelled LOCKOPS and revoked previous approval given to Lock to run the series, according to a Lock Poker spokesperson.
This series was planned for several months and the network had given full approval.
It was not immediately clear what lead up to this decision.
World Exclusive: Poker Pro and Publisher Barry Shulman Launches New Website
Two-time World Series of Poker bracelet-winner Barry Shulman is the latest poker pro to go online with a personal website, Gambling911.com can reveal in a world exclusive report!
The brand new site, www.barryshulman.com, debuted today.
Carbon Poker Customer Support Among the Most Efficient Online
Carbon Poker players have known for years that Carbon has some of the best customer support in the online poker industry but some may not know about all the various avenues players can use to get answers. The Carbon Poker support team has always gone to great lengths to ensure their players questions and concerns are addressed in a timely matter and with their own sub-forum on the 2+2 poker forum site.
Carbon Poker Player Funds ARE Segregated
It is a concern that has gripped the online poker community ever since US authorities cracked down on the one time second largest online poker company, Full Tilt Poker, exactly one year ago this week.
Are player funds segregated?
Full Tilt Poker’s we came to find out, were not.
Brent Beckley Sentencing Slated for Today (April 19): Headed Up Absolute Poker
One of the individuals caught up in a massive online poker probe last April was scheduled to be sentenced today (April 19, 2012) after pleading guilty to money laundering and bank fraud.
Brent Beckley was an executive and co-founder of the now shuttered online poker firm, Absolute Poker.
PokerTableRatings Removes PokerStars Profiles After Lawsuit Threat
The following is PokerTableRatings.com notice that they have removed PokerStars player profiles from their database following a threatened lawsuit by the world’s largest online poker venture.
Whether we are providing replays of infamous hot streaks, colossal downswings, finding critical security breaches in poker software clients or publicly outing bot and collusion rings for the sake of game integrity, PokerTableRatings has had a long history of being actively involved in the online poker community.
Betsson Acquires Nordicbet
Betsson AB (publ) today announced that it has signed an agreement to acquire substantial parts of the business of Nordic Gaming Group plc, which is the owner of the NordicBet, TrioBet and Tobet gaming operations. Once the transaction is approved by competent regulatory bodies, the acquisition will be finalized in the end of second quarter 2012.
Betsson is one of the largest Scandinavian online gambling firms offering a wide range of first-class online gambling products and games in a safe and user-friendly gaming environment.
Judge Can Now Accept Misdemeanor Plea in Online Poker Case
A federal judge has confirmed he is prepared to accept a guilty plea from John Campos, one of the men indicted in April of 2011 for handling transactions on behalf of three online poker rooms including Full Tilt, PokerStars and Absolute Poker.
Americas Cardroom Received an ‘A’ for Online Poker Payouts
Poker Affiliate Solutions has graded Americas Cardroom online poker room with an ‘A’ for its payouts.
Laurant Tapie Named Director, Secretary of New Full Tilt Limited: Invests €1m in Poker Firm
The Full Tilt Poker saga continues with the registration of a new Irish company: New Full Tilt Limited, for which Adidas savior Laurent Tapie has invested a reported €1m.
Liberty Quarter Million Online Poker Tournament Winner Crazymichael1 Talks to G911
This past weekend’s Americas Cardroom Liberty Quarter Million online poker tournament grand prize of $50,000 was won by a New Jersey player who just barely made the cut as one of the last two qualifiers in the final satellite.
Bernard Tapie’s Fingerprints Now All Over Full Tilt Poker Company Registration
Several months after it was announced Group Bernard Tapie was to acquire shuttered Full Tilt Poker, Tapie’s name now appears on the company’s registration.
Some Strange Occurrences at Full Tilt Poker: All Systems Currently Operational
A frenzy of activity is taking place over on the Full Tilt Poker website, not that it matters much when players are waiting more than a year to get paid.
A systems status report featured a green light with the message: “all systems are currently operational”.
From Poker News Report:
Investors Unnerved by Playtech Planned Acquisitions: Shares Fall
(Reuters) - Playtech, the world's biggest provider of online gaming software, plans a string of acquisitions as it branches out into the social gaming market but news that it will be buying the businesses from its main shareholder unnerved investors.
The Estonia-based firm said on Tuesday that it planned to spend 95 million euros ($124.1 million) buying assets owned by Israeli billionaire Teddy Sagi who founded Playtech and still owns a 48 percent stake in the company.
Purple Lounge Parent Media Corp Looks to Acquire The Poker Channel
Media Corp, parent company to the popular online gambling venue Purple Lounge, is looking to take over The Poker Channel parent company Gaming Media Group (GMG), it was reported on Tuesday.
Media Corp suspended its shares and issued a statement to the London Stock Exchange Tuesday morning upon announcing its plans.
The Poker Channel launched in 2005 and is seen in the United Kingdom and across 30 territories with a reach of 30 million subscribers. Most recently, the channel signed on to air programming in France, Mexico and Argentina.
Income Access Network Launches Kaffiliation and Sklots.com
Income Access network, one of the top online affiliate programs in the world and one that caters to the online gambling sector, has launched its newest affiliate platform - Kaffiliation!
iPoker Pulls Away With Number Two Spot for Most Trafficked Online Poker Room
The iPoker Network has remained on top, assuming we were to remove PokerStars from the equation. For the better part of nearly 5 months, PartyPoker has held a tight grip on the number two spot of most trafficked online poker rooms in the world. During the month of March, iPoker has regained the position and currently holds a 200 to 250 on average real cash player lead over Party.
PokerStars Takes Legal Action Against Poker Table Ratings
PokerStars, the world’s largest online poker room for real money play, has reportedly filed a legal action against the website PokerTableRatings.com.
LowVig.com announces the acquisition of online sportsbook Bet Vegas Vic
Reduced-juice sportsbook welcomes their newest members with unrivaled sports betting value and generous rebates
On Monday morning reduced juice sportsbook LowVig.com finalized the acquisition of competitor BetVegasVic.com.
Hollywood Casino Columbus Hiring 600 Dealers
Calling all dealers in and around the Columbus, Ohio area. There are job openings for 600 dealers at the Hollywood Casino in Columbus. Full time and part time employment opportunities are available.
New York Underground Poker Clubs: Former Waitress Reveals ‘Turn Down the Cleavage’
If you haven’t read it already, the DailyBeast.com presented an excellent account from a former waitress as to the inner workings of New York’s notorious underground poker rooms.
Underground poker rooms are venues not operating in accordance with state gaming laws that typically do not profit from the actual poker games but rather blackjack or craps played on the side.
NFL Lifts Ban on Casino Ads for Two Years
The National Football League on Thursday announced it will lift a ban on teams advertising at casinos for a two year period.
This was taken from ProFootball Talk’s Mike Florio:
