Business & Financial

Carbon, Merge Poker Traffic Up 74 Percent, Bodog Traffic Stabilizes

Merge Gaming Network climbed to ninth place after spending seven weeks in 10th, according to the popular traffic monitoring website PokerScout.com.

Submitted by Ace King on, Dec/20/2011

888 Strong End to 2011

(Reuters) - British online gaming company 888 Holdings Plc. said it expects core profit for 2011 to be significantly above market expectations, aided by strength in its casino and poker businesses.

Cash-strapped Britons are staying at home more, watching TV and gambling online, updates from consumer-facing companies showed, as fears grow that the UK will slip back into recession.

The company, which operates 888 casino, poker, sport and bingo brands, said on Monday it would invest in several newly-regulated markets across Europe.

Submitted by Guest on, Dec/19/2011

Shufflemaster, OpenBet Apply for Nevada Online Poker License

CardPlayer.com is reporting that Shufflemaster, the global supplier of automatic card shufflers, slot machines and, more importantly, wireless gaming solutions, has applied for a license to operate an online poker venture in the state of Nevada

Nevada is set to begin allowing intrastate online poker as early as February ahead of potential federal legislation. 

Submitted by Aaron Goldstein on, Dec/19/2011

Zynga Stock Market Debut a Disappointment

Online game-maker Zynga raised an amazing $1 billion in the single biggest Internet IPO since Google in 2004.  The company made its stock market debut on Friday with results essentially flat. 

After rising 10 percent above the $10 offering price, it fell to as low as $9.50, then recovered to around its original $10. 

From Time.com:

Submitted by Aaron Goldstein on, Dec/18/2011

Lock Poker CEO Jennifer Larson Committed to Building Pro Roster in 2012

Lock Poker’s CEO Jennifer Larson sees the poker pros as ambassadors to the game.  While other online rooms, most notably PokerStars, continue to purge their pros, Larson has other ideas. 

“We’ll have more coming on board in 2012 and we are considering at least two other retreats like what we hosted in the South of France back in October,” said Larson.

Submitted by Ace King on, Dec/18/2011

PokerStars, Joe Hachem Part Ways

2005 World Series of Poker Main Event Champion Joe Hachem and PokerStars have parted ways, it was announced on Friday.

 “It’s been a great run with PokerStars and I’m proud of my association with the people and the company,” Hachem said in the official announcement. “But it’s time for me to pursue other career opportunities and it will be fun to have some down time to spend with my family. I look forward to the future with much excitement and anticipation and will always have fond memories of my time at PokerStars.”

Submitted by Patrick Flanigan on, Dec/16/2011

Nevada May Have Enough of a Player Pool to Support Intrastate Online Poker

Director of the Center for Gaming Research at the University of Nevada Las Vegas, David Schwartz, told CardPlayer.com Friday that he believed Nevada would be one of those states that could support legalized online poker at the intrastate level. 

Submitted by C Costigan on, Dec/16/2011

No More Bodog.com in US: Hello Bovada.lv

In with Bovada.lv and out with Bodog.com.

Bodog.com has stopped accepting US customers as of Wednesday December 14, 2011.

While the company planned to pull the Bodog.com and .eu domain names from US reach while offering a rebranding alternative, the move comes a bit sooner than previously expected.

Submitted by C Costigan on, Dec/14/2011

Bodog Poker Traffic Drops Off 9.3 Percent?

Bodog.com unveiled its “anonymous” software two weeks ago with one of the objectives being to prevent traffic monitoring websites from so-called “data mining”. 

The most popular of those monitoring websites, PokerScout.com, reported that Bodog Poker’s traffic fell nearly 10 percent (9.3 percent) in the past week.   The irony in all of this is that such a drop off seems to indicate the “anonymous” software is just that….anonymous.

Submitted by C Costigan on, Dec/13/2011

Unibet Leaves Spain as Nation Begins Segregating Online Poker Market in Spain

The popular European online bookmaker Unibet has opted to exit the Spanish market as that nation begins segregating its Internet poker market.  Unibet advised its affiliate marketers of the company’s decision last week.

A message to affiliates read as follows: 

The majority of the Spanish banners/text links in your affiliate account will be de-activated on the 14th of December 2011. However, we will keep the best performing banners/text links active and re-direct these to the Brasilian website as of 14th of December 2011.

Submitted by Gilbert Horowitz on, Dec/13/2011

Zynga Tops Daily Average Users on Facebook With CityVille, Texas HoldEm Free Poker

AppData reported on Tuesday that Zynga titles topped the Daily Average Users of Facebook.  Probably no surprise, but the amount of users is staggering.

Zynga’s CityVille pulled in a whopping 10 million per day while other titles such as Farmville and the free online poker game Texas HoldEm Poker also topped the list.

Zynga is about to launch its Initial Public Offering in the coming weeks. 

CNBC reported that a Sterne Agee analyst has placed a "sell" rating on social network game maker before the stock ever begins trading.

Submitted by Aaron Goldstein on, Dec/13/2011

Ongame Sale Unlikely to be Finalised by Year’s End

LONDON (SHARECAST) – Online gaming company Bwin.Party Digital Entertainment has reported a 'solid' performance since September, with its core margin for the full year set to be between 22% and 24%.

However, investors were disappointed by news that the sale of Ongame B2B is unlikely to be finalised before the end of the year despite being at an "advanced stage".

The firm said revenue performance since the end of September has been in-line with management's expectations and it remains on-track to deliver around €40m of annualised synergies in 2012 and €65m in 2013.

Submitted by Guest on, Dec/13/2011

Poker Players Call for Boycott The Venetian Hotel, Casino and Other Sheldon Adelson Properties

Following word last week that Las Vegas Sands Corp. Chairman Sheldon Adelson announced he is opposed to current legislation that would allow for regulated online poker in the United States, some in the poker playing community have called for an all-out boycott of Adelson’s casino properties, including the famed Venetian on the Las Vegas Strip.

"Since Sheldon Adelson is lobbying against Internet poker, I will no longer play at The Venetian poker room," a player wrote on the TwoPlusTwo.com message board. "I suggest if you care about the issue, that you also boycott the room."

Submitted by Aaron Goldstein on, Dec/12/2011

Miami Casino Won’t be the World’s Largest

It will be enormous, but not the world’s largest casino as previously suggested.  Casino giant Genting plans to build a sprawling casino complex in downtown Miami but the perceived enormity of the project has raised some concerns. 

“That’s simply false,’’ Christian Goode, Genting’s top Florida executive said during a panel discussion where the casino was referred to as the ‘largest casino on the planet’. “It’s not even close to being the largest.”

Submitted by Aaron Goldstein on, Dec/12/2011

French Gambler Sues Government Over Poker Sites: Defendant in MGM Suit Uses Condom Defense

A French gambler has sued the Government claiming it failed to prevent him from accessing online poker sites in that country. 

The 37-year-old from the city of Reims registered with the interior ministry last year to be voluntarily banned from casinos and online gambling sites, but was still able to access them, lawyer Emmanuel Ludot told AFP on Monday.

Submitted by Aaron Goldstein on, Dec/12/2011

Jamie Gold Named Spokesperson of Tropicana Resorts

2006 World Series of Poker Main Event winner Jamie Gold has been named Poker Spokespersona and Ambassador of the newly transformed Tropicana Las Vegas.  The casino’s poker room will be named “The Jamie Gold Poker Room” in his honor. 

Submitted by Ace King on, Dec/09/2011

Introducing Oddsfutures.com, the Future of Sports Trading

Oddsfutures.com, the world’s first odds trading exchange, is the ideal way for sports traders to make money on a race - regardless of the result! This is because Oddsfutures.com is a unique marketplace which allows its customers to take advantage of fluctuations in betting patterns, rather than having to purchase a bet and await the outcome of the race.

Submitted by Guest on, Dec/08/2011

Zynga Introduces Texas Hold’Em Poker Game for Google TV App

The world’s largest online poker company, Zynga, has released its uber popular Texas Hold’em poker game as a Google TV app.  It is the first set-top box platform to feature the game, which currently has almost 30 million active monthly users across various platforms, including Yahoo, Google+ and iOS. 

Google recently updates its TV platform with support for the Android market. 

The new Google TV version is being advertised as “especially optimized for playing poker from the comfort of your own couch,” and easily controllable with the Google TV remote, Zynga said.

Submitted by Aaron Goldstein on, Dec/08/2011

Apple No Appetite For Texas Hold’em App

Apple has pulled its Texas Hold’em app from the Apple OS Store this week.

Cake-Poker-120711Squarebonus.gif

Apple’s only official iOS game, “Texas Hold’em” seemingly received little attention from the company with lack of additional development since debuting in 2008. 

The “play money” app enjoyed some degree of popularity but has since been crushed by the likes of Zynga.

Submitted by Aaron Goldstein on, Dec/08/2011

AGCC Commissions Independent Review Into Handling of Full Tilt Poker Debacle

The Alderney Gaming Control Commission (AGCC) has come under intense scrutiny for its handling of the Full Tilt Poker matter, which culminated in a suspension of the one time second largest online poker firm’s license.

Cake-Poker-120711Squarebonus.gif

The AGCC ordered all media outlets blocked from negotiations during the arduous affair, as such, leading to a lack of transparency. 

Submitted by C Costigan on, Dec/07/2011

State Casino Legislation: New York, Florida and Massachusetts

Three states are looking to expand casino legislation:  New York, Florida and Massachusetts. 

New York Governor Andrew Cuomo expressed interest in allowing casinos throughout the state. 

From Crane’s Business

Submitted by Aaron Goldstein on, Dec/06/2011

Report: Bodog Anonymous Security Not So Anonymous (Video)

Following the release of its new upgraded software, the online poker firm Bodog proclaimed it had figured out a way of preventing the so-called “sharks” from viewing critical player data.  This week, some members of the online poker community were quick to report that critical data had reportedly been hacked.  A video demonstration was released in an effort to support this notion. 

From the HH Smithy Blog

Submitted by C Costigan on, Dec/06/2011

MGM Files Trademark Infringement Suit Against Poker Sites

MGM Resorts International has filed suit in the U.S. District Court in Las Vegas this past Thursday against four individuals and two companies related to websites they claim infringe on their own trademarks.

Website domain names that are part of the suit include:

bellagioonlinepoker.com

circuscircuspoker.com

excaliburpoker.com

luxorpoker.com

mandalaybayonlinepoker.com

mgmpoker.com

ariapoker.com

Submitted by Aaron Goldstein on, Dec/05/2011

Five Casino Operators Apply for Licenses to Operate Online Poker Sites in Nevada

Five casino companies have reportedly applied for licenses to operate online poker rooms from the state of Nevada.  The state gaming board anticipates licenses to be issued as early as February.

Submitted by C Costigan on, Dec/04/2011

Ladbrokes Agrees to Debt Facility With Banks

LONDON, Dec 2 (Reuters) - Ladbrokes, Britain's second-biggest bookmaker, said it had agreed a new five-year, 540 million pounds ($847 million) debt facility with its banks.

Ladbrokes, which has 2,100 betting shops in the UK, on Friday said the new facility would mature in 2016 and replaces its existing 560 million pounds facility that was due to mature in 2013.

The company estimates that the new blended rate of interest for the group will be 7.5 percent in 2012.

Submitted by C Costigan on, Dec/02/2011

Cara de Poker Taken Over by PokerStars

A former iPoker.com network skin, Cara de Poker, has been purchased by the world’s largest online poker room, PokerStars.  The following statement was issued: 

Submitted by Ace King on, Dec/01/2011

Facebook Real Money Online Gambling in the UK: Apps Coming Soon?

Facebook, the social networking behemoth, is considering real money online gambling in the United Kingdom?

Those are the latest rumors.

“We’re always in discussions with companies about lots of different ideas, but we don’t comment on future plans or speculation,” a Facebook spokesperson said in a statement issued to ZDNet.com late Wednesday. 

Submitted by C Costigan on, Nov/30/2011

Bodog.com Releases New Poker Software: Includes Rabbit Cam

Bodog.com has released its much-anticipated upgraded poker software on Wednesday, the same day the company officially began switching its affiliate partners over to a new platform, Betting Partners.   

Bodog anticipates a heavy market push in Europe now that the new software has been released.

Bodog Europe CEO Patrik Selin pretty much admitted back in August that the company’s previous poker software platform just wasn’t up to par with competing networks.

Submitted by C Costigan on, Nov/30/2011

Seven of Top 10 Online Poker Sites Lose Ground Last Week

It wasn’t the best week for the global online poker market as traffic rose a meager 1 percent.  Most of the rise came at PokerStars while seven of the other top 10 online poker sites lost some ground

PokerStars is currently celebrating its 10th anniversary with a series of special offerings.  That site’s traffic rose 4 percent.

Submitted by Ace King on, Nov/29/2011

Istadeal Challenges Full Tilt Poker Over Rush Poker Patentability

The Instadeal Poker Network has rolled out its own version of now defunct Full Tilt Poker’s Rush Poker.  The innovative concept allows a pool of players to play quickly and to continuously be rushed to a new table upon folding their cards at their previous table.

Submitted by Ace King on, Nov/29/2011

Breaking News