Business & Financial
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:
Sources: UB.com, Absolute Poker Resolution With US Justice Dept. Close to Finalized
PocketFives.com on Thursday reported that UB.com and its sister online poker site, AbsolutePoker.com, are close to finalizing a resolution with the US Justice Department that could see affected customers paid, at least partially.
Online Poker Payouts: Carbon Sees Fastest Check Processing in Over a Year
Good news on the online poker payouts front as Carbon Poker customers have reported receiving checks in record time.
Tribes Hold the Cards in California Online Poker Effort: New Jersey Racing to be First
The odds of New Jersey legalizing online poker first is much greater than California doing so and the San Francisco Chronicle’s Demian Bulwa does a superb job of laying out the reason why.
Bulwa doesn’t draw comparisons between the two states but rather offers the various obstacles standing in the way of California's efforts.
Commission Junction Drops Covers Experts: The Casualties of War
The sports handicapping “war” shows no letup even if both sides seem a bit apprehensive in terms of releasing critical information.
It began when Management sources within PreGame.com advised Gambling911.com that rival Covers had provided its handicappers with an ultimatum heading into this year’s March Madness: “Leave Pregame or leave us”.
Nevada Gambling Revenues Up 5.7 Percent in February: Online Poker Traffic Sees Gain
Good news for both the Las Vegas gambling and online poker sectors as both reported gains.
Gaming Control Board officials announced on Tuesday that Nevada gambling revenues were up 5.7 percent with Las Vegas Strip casinos seeing a 3.3 percent surge.
Overall revenue generated included $932 million in the state and $531 million from the Vegas Strip casinos.
Inquirer: Odds Improve for Atlantic City Internet Gambling
The Philadelphia Inquirer on Tuesday featured an article on the prospects of Internet gambling in Atlantic City.
Wicked Ways: Even Witchcraft Can’t Save the Epic Poker League
The Salem witch trials were a series of hearings and prosecutions of people accused of witchcraft in Colonial Massachusetts, between February 1692 and May 1693.
The most infamous trials were conducted by the Court of Over and Terminer 1692 in Salem Town.
Instant Banking for Online Gambling Could Return to US Soon
There may be a new payment processor in town for those in the US online gambling community.
ADI-News.com has reported on the merger of two big name payment processors, Mazooma and BigPoint.
From ADI-News.com:
Epic Meltdown: Poker League Now $8 Million in the Hole
The disastrous Epic Poker League is sinking faster than the Titanic, minus the life rafts.
CardPlayer.com reports that EPL’s parent company’s bankruptcy filing lists liabilities of $8 million, not the $5 million previously asserted.
The company managed to earn just $37,052 in income over a 14 month period while racking up $7,892,242 in total liabilities, CardPlayer.com noted.
Maryland Now Allows Gambling on Fantasy Sports: Life Behind Bars for Booking NFL Games
As Bodog Founder Calvin Ayre, 50, faces more than 25 years behind prison for running one of the largest online sports betting enterprises and targeting residents of Maryland, that state has just begun allowing wagers on fantasy sports. Exceptional timing!!! We can't make this stuff up even if we tried.
Will Online Gambling Really Discourage People From Visiting Atlantic City?
An opinion piece in the Bergen Record suggests that the legalization of online gambling in the state of New Jersey (looking more inevitable by the day) may do more harm than good. In particular, online gambling could serve to actually discourage people from visiting Atlantic City.
Fast Poker Makes Its Debut on Unibet
Unibet, one of the leading European online poker rooms, has incorporated Fast Poker into its platform this week.
Manitoba Launches Online Gambling Venture
BCLC set off on a new course for its online business today, announcing that it is partnering with Manitoba Lotteries to provide online gambling to Manitobans.
"We launched online gaming in British Columbia to provide a secure and legal option for people who play online and to keep revenues in the province that otherwise would be going to illegal gambling sites," said the Honourable Rich Coleman, Minister Responsible for BCLC. "We are pleased to share our expertise with Manitoba to strengthen regulated online gambling in Canada."
Spring Cleaning at Cryptologic as Amaya Gaming Takes Over: Shares to be Delisted
With Amaya Gaming assuming 81 percent of troubled Cryptologic’s issued shares, CEO David Gayagan has resigned as has CFO Huw Spiers, general counsel Nick Catros and two other board members.
Amaya CEO/President David Baazoy is slated to take over Gavagan’s position effective immediately.
Cryptologic, once the leader in online gambling software, has lost its competitive edge in recent years as a result of mismanagement and executive in-fighting.
UFC Champ Georges St-Pierre to Endorse Online Poker Room 888.com
One of the UFC’s most recognized names, Montreal’s own Georges St-Pierre, has been announced as a new global ambassador for the popular online poker site 888.com.
Rock Gaming of Ohio Invests $60.8 Million Into Caesars Internet Poker Arm
Just days after it was revealed that Donald Trump’s camp was in talks with 888 Holdings, the Las Vegas Review Journal on Wednesday reported that Caesars Entertainment Corp. has sold an undisclosed percentage of its online poker subsidiary to its partner in two Ohio casinos for $60.8 million.
Carbon Poker Takes Over Poker Nordica Accounts
As reported by Gambling911.com yesterday, online poker site Poker Nordica has closed its doors. But now for the good news: Carbon Poker is now allowing affected players to move their accounts from Poker Nordica over to Carbon and there are plenty of incentives to do so.
8th Straight Week of Online Poker Traffic Decline: iPoker Network Takes Over Number Two Spot
This week marked the 8th consecutive fall in traffic among the worldwide online poker websites, according to PokerScout.com, a site that monitors “real cash” play for most virtual card rooms.
Traffic overall fell 3.5 Percent. A further drop off can be expected due Easter and Passover occurring this week.
Zynga, Wynn in Talks to Offer ‘Real Money’ Online Poker in US
The world’s biggest free-to-play online poker venture, Zynga, is rumored to be joining forces with one of Las Vegas’ most recognized names, Wynn.
The New York Post first broke the story early Wednesday morning with the caveat that “odds may not favor tie-up”:
