Business & Financial

Man Indicted in Online Poker Crackdown Pleads Not Guilty

By Jonathan Stempel

Submitted by Guest on, Apr/18/2011

Online Poker Indictments: Hopefully History Repeats Itself

The question people are asking this Monday:  Will I get my money back from PokerStars, Full Tilt Poker, UB.com following Friday's indictments? 

It was early 2007 when Gambling911.com first broke the news that the two founders of online payment transfer company, NETeller, had been arrested on US soil.  At the time, NETeller was the biggest facilitator of payments for online gambling websites. 

Over a 24 hour period, some G911 readers reacted swiftly by withdrawing funds.  It would take another 24 hours before the major mainstream news outlets confirmed the story.

Submitted by Guest on, Apr/18/2011

Online Gambling Shares in Europe Surge on Monday

Following the indictment and ultimate shutdown of three of the largest online poker rooms on Friday by the US Government, shares for European Web-based gambling firms surged on Monday. 

Submitted by Aaron Goldstein on, Apr/18/2011

Report: Prized Online Poker Rat Placed in Safe House

Most Australian rats have standard coats.  There are some rex (curly) and silky (fine and shiny) coated rats, although they are rare.  There are no hairless rats in Australia.

Submitted by Jagajeet Chiba on, Apr/17/2011

Full Tilt Poker May Have Thought They Were Above The Law

Submitted by Alejandro Botticelli on, Apr/17/2011

Beneficiaries of Friday’s Online Poker Busts Already Becoming Clear

Who were the major beneficiaries of this past Friday’s indictments and subsequent shutdowns of the three largest US-facing online poker rooms?

Submitted by C Costigan on, Apr/17/2011

UB.com Principal Not Charged With Most Serious Counts

Submitted by C Costigan on, Apr/16/2011

Full Tilt Poker Supports Poker Players And Its Chief Executive

Dublin Ireland (April 15, 2011)- Full Tilt Poker is saddened by today’s charges against its CEO Raymond Bitar and offers its full support to Mr. Bitar and Nelson Burtnick.

Online poker is a game of skill enjoyed by tens of millions of people in the United States and across the world. And, Full Tilt Poker remains as committed as ever to preserving the rights of those players to play the game they love online.

Submitted by Guest on, Apr/15/2011

SunFirst Bank Under Watchful Eye of US Authorities

Submitted by Aaron Goldstein on, Apr/15/2011

Blackberry Playbook Units Odds (Number Sold)

Submitted by Aaron Goldstein on, Apr/14/2011

Full Tilt Poker Aligns Itself With Station Casinos, UFC Founders

Submitted by Aaron Goldstein on, Apr/04/2011

Huge Shakeup at Betfair and Concerns Over LMAX

Robin Osmond, the chief executive of LMAX, resigned from the financial platform he helped launch for Betfair.

Submitted by Aaron Goldstein on, Apr/04/2011

Deckmedia, SlotoCash Online Casino Affiliates Screwed

Deckmedia and its online casino brand, SlotoCash, has decided it can no longer pay out its affiliate partners. 

Submitted by Aaron Goldstein on, Apr/03/2011

Macau Gambling Revenue up 48 Percent in Month of March

(Reuters) - Casino revenue in Macau, the world's biggest gaming market, rose 48 percent in March to 20.1 billion patacas ($2.51 billion), the Macau government said on Friday.

Macau's casino industry is booming on robust demand from gamblers from mainland China, who account for the bulk of the territory's visitors. The former Portuguese enclave is the only place in China where mainland Chinese can legally gamble.

Submitted by Guest on, Apr/01/2011

888 Ladbrokes Merger Talks Still Ongoing

Submitted by Guest on, Mar/31/2011

Bwin, PartyGaming Complete Merger: Makes Market Debut

Submitted by Aaron Goldstein on, Mar/31/2011

Online Poker Traffic Falls 3.3 Percent

PokerScout.com reports that eight of the top ten online poker sites lost ground in the past week, contributing to a 3.3 percent decline in overall traffic.

Submitted by Ace King on, Mar/29/2011

Online Gambling Business: Victory Poker Moving to Cereus Network

Victory Poker is looking to make yet another move to another network it seems based on reports surfacing this past week. 

Submitted by Aaron Goldstein on, Mar/28/2011

PokerStars Spokesperson: The $20 Billion Mistake!

Submitted by C Costigan on, Mar/25/2011

Breaking News

Alex Foxen Claims GPI Player of the Month for April 2025

Alex scored five results during the month, all top-five finishes, including two wins and all of them coming from the PokerGO Studio at Aria Resort & Casino in Las Vegas. A total of 1,375.92 points gave Alex a 70-point gap ahead of Matthew Wantman.