..

PokerStars to Shut Down Costa Rica Office

Written by:
Ace King
Published on:
Oct/10/2018

The world's largest online poker site, PokerStars, is due to shut down its Costa Rica office by March 2019 as it focuses more on the legal poker and sports betting landscape in the US.

Around 300 people work in the Costa Rica office.  It was not immediately clear how many of these individuals would be transferred to other locations.  A signficant number are likely to lose their jobs.

PokerStars was forced to exit the US market following a series of industry indictments that came to be known as "Black Friday" in April of 2011. The company's founder was among those named in an indictment.

The company now looks to enter the US Web gaming market full throttle now that the Supreme Court has allowed for the legalization of sports wagering nationwide.  Individual states will need to amend their own laws with more than half expected to embrace the activity.

Meanwhile, competing online poker firms operating from Costa Rica like Americas Cardroom have had to relocate to larger office space due to explosive growth in recent years.  Americas Cardroom continues to accept players from the US and is now among the largest employers in the North American online poker market.

- Ace King, Gambling911.com

Gambling News

Can I Bet on Sportsbook.ag From California?

Can I Bet on Sportsbook.ag From California?

Sportsbook.ag no longer accepts new customers from the state of California.  Another great option is Bookmaker.eu, which has been in business since 1986 and is accessible to those living in California.

When Can I Bet on the Bet Rivers Sportsbook From PA?

When Can I Bet on the Bet Rivers Sportsbook From PA?

The Bet Rivers sportsbook app will be debuting shortly, but it's only going to be available in Pennsylvania.

Docs Sports Happy Hour With Tony George Debuts This Week

Docs Sports Happy Hour With Tony George Debuts This Week

Docs Sports Debuts a new Show this Week- Docs Sports Happy Hour  - Hosted by Tony George, a show for guys and gals who like to bet sports and all that encompasses.  Unique and informative, and very "Vegas Lifestyle" oriented.

Gambling and Sports Betting News Wire - June 25, 2019

Here are today's headlines in the world of gambling and sports betting as they happen - Tuesday June 25, 2019.

Big Rollers: Eldorado Buys Caesars in Deal Valued at $17B

Big Rollers: Eldorado Buys Caesars in Deal Valued at $17B

Eldorado Resorts will buy Caesars in a cash-and-stock deal valued at $17.3 billion, creating a casino giant.

Syndicate