Business & Financial

PokerStars to Pull Out of Australia Market August 1

Submitted by C Costigan on, Jun/12/2011

Full Tilt Poker: Like the Occult

Submitted by Jagajeet Chiba on, Jun/10/2011

The BetED.com Bailout Mess

Submitted by C Costigan on, Jun/09/2011

Subscription-Based Online Poker Room Donates to USO

A new online poker room will be up and running with a special Independence Day free roll tournament July 4 (check with local laws regarding sweepstakes). 

Submitted by Guest on, Jun/09/2011

Sportsbook.com Becomes Sportsbook.ag

Submitted by C Costigan on, Jun/07/2011

Sportingbet/GTECH G2 Relationship Secure…For Now

Submitted by Guest on, Jun/07/2011

BetED.com Takeover Possible

Submitted by C Costigan on, Jun/07/2011

Online Poker Cash Outs: Hero Poker CEO Responds to Concerns

Submitted by C Costigan on, Jun/07/2011

Sportingbet Paradise Online Poker Moves to OnGame

Sportingbet, one of the world’s largest sports betting companies, will be moving its Paradise online poker room to the OnGame Network by the second half of this year. 

Submitted by Aaron Goldstein on, Jun/07/2011

Las Vegas the New Detroit?

With a foreclosure crisis that has been out of control in recent years, Las Vegas may quickly spiral to become the new Detroit.

Submitted by Aaron Goldstein on, Jun/07/2011

Las Vegas Falls to Number 3 Behind Macau, Singapore of top Gambling Destinations

Las Vegas is now the number three gambling destination in the world, falling behind Macau and Singapore

Las Vegas continues to lose some serious ground to its Asian counterparts, more specifically Macau and Singapore.  While Macau has been blowing Sin City out of the water in recent years, Singapore has just claimed the number two spot of top gambling destinations this week. 

Submitted by Aaron Goldstein on, Jun/07/2011

Absolute Poker Money Return Agreement with U.S. Department of Justice

The United States District Attorney's office has entered into an agreement with Absolute Poker/Ulimate Bet to return funds to poker players.

Submitted by Payton on, Jun/06/2011

FORFEITURE COMPLAINT FILED AGAINST ACCOUNTS MAINTAINED BY E-GOLD

FORFEITURE COMPLAINT FILED AGAINST ACCOUNTS MAINTAINED BY
E-GOLD, LTD, TRACEABLE TO CRIMINAL OFFENSES

 

Baltimore, Maryland - A civil forfeiture complaint was filed today for the forfeiture of the value of all e-metal accounts recorded and maintained by e-gold, Ltd (EGL ), a company that was engaged in the business of exchanging traditional forms of currency for precious metals held in electronic form (“e-metals” or “e-gold”) and settling payer initiated transfers of e-metals from one customer account to another.

Submitted by Payton on, Jun/06/2011

Full Tilt Poker Continues to see Huge Drop in Traffic

Submitted by C Costigan on, Jun/06/2011

Merge Poker to Stop Taking New US Players Through Month of June

The Merge Poker Network has halted new US signups through the month of June as it works to incorporate new payment processing platforms and add more customer service agents. 

While the network could begin accepting new US players as early as the end of June, the network may extend this policy through the summer depending on how quickly it can get new processing in place. 

Submitted by C Costigan on, Jun/05/2011

BetED.com Indicted “Owner” not Really an Owner

Submitted by C Costigan on, Jun/03/2011

Spirit Airlines Keeps Las Vegas Fares Low in Key Markets

Spirit Airlines manages to keep fares to Las Vegas out of Los Angeles, Dallas super low compared to nearby markets

Fly Roundtrip for $199 or Less on CheapOair

Submitted by Aaron Goldstein on, Jun/02/2011

Macau Says Gambling Revenue Surges 42 pct in May

By Farah Master

HONG KONG, June 1 (Reuters) - Gambling revenue in Macau, the world's largest gaming market, jumped 42.4 percent in May to 24.3 billion patacas ($3 billion), the Macau government said on Wednesday, bolstered by unabating demand from mainland tourists eager to gamble in China's only legal casino destination.

Submitted by Guest on, Jun/01/2011

Dow Hits Lowest Point on Year

The Dow and S&P 500 hit its lowest mark for 2011 on Wednesday.

The Dow Jones industrial average (INDU) fell 280 points, or 2.2%. 

Submitted by Aaron Goldstein on, Jun/01/2011

Victory Poker Latest Casualty of Black Friday

Submitted by Ace King on, Jun/01/2011

HeadsUp Entertainment Goes Head First Into US Market

In an effort to capitalize on the void left by PokerStars and Full Tilt exiting the US poker market, one Calgary-based firm has offered up grandiose plans to rake in the cash.

Submitted by Ace King on, Jun/01/2011

Gold Strike Poker Strikes Out

One of America's legal online poker rooms may be facing legal problems of a different kind.

Submitted by Thomas Somach on, May/31/2011

Full Tilt Poker Real Cash Traffic Falls Below 9000 Average

Submitted by Patrick Flanigan on, May/31/2011

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