Business & Financial

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

Zynga IPO Could Happen in June: Company Worth $10 Billion

The popular social gaming and poker company Zynga is expected to file for an IPO some time in June, though most of the speculation is focusing on the later part of the month. 

Submitted by Aaron Goldstein on, May/27/2011

Zynga IPO Could Happen in June: Company Worth $10 Billion

The popular social gaming and poker company Zynga is expected to file for an IPO some time in June, though most of the speculation is focusing on the later part of the month. 

Submitted by Aaron Goldstein on, May/27/2011

One Quarter of Full Tilt Poker Seized Accounts Unfrozen

Submitted by C Costigan on, May/27/2011

Ron Paul: “U.S. Gold Should be in Hands of People”

In an interview with CNBC, US Republican Presidential candidate Ron Paul wants to stop the falling value of the U.S. dollar by digging into America’s gold reserves.

"They’re worrying about raising the debt limit," said the Texas congressman. "I’m worried about the value of the dollar" especially if the Federal Reserve continues to "print money" whenever it wants.

"They try to pump up the fear and scare us into doing things," he said of the government, adding that was how the bank bailouts came about. "Aren’t we defaulting if the dollar is worth 90 cents this year?"

Submitted by Gilbert Horowitz on, May/27/2011

Intrade.com Founder and CEO John Delaney Dies Trying to Climb Mount Everest

The founder of one of the world’s most popular online prediction markets and trading websites, Intrade.com, has passed away.

Submitted by C Costigan on, May/26/2011

MGM China IPO at HK$15.34 per Share

Submitted by Aaron Goldstein on, May/26/2011

Gambling Stocks: What’s Hot, What’s Not

Submitted by Aaron Goldstein on, May/26/2011

BetED.com Players May be Waiting Some Time to Claim Funds

It is still unclear as to how much money the US Feds seized from BetED.com as part of an elaborate sting operation.

BetED.com closed its doors this week after their domain name was taken over by the US Justice Department.  The online betting company reportedly told Covers.com that the Feds have all of their money.  Most gamblers do not believe this and there are reports that BetED.com’s two founders (both of whom are named in Monday’s indictments) cleaned out their Costa Rican offices and fled.

Submitted by C Costigan on, May/25/2011

Quick Tender Shutdown: Players Likely to be Stiffed

Submitted by C Costigan on, May/25/2011

Quick Tender Online Gambling Payment Solutions Shuts Down

Submitted by C Costigan on, May/25/2011

Christine Lagarde Bids to Become Head of IMF

Submitted by Aaron Goldstein on, May/25/2011

Goldman CEO Lloyd Blankfein Odds of Staying in Job Not Good

Submitted by Aaron Goldstein on, May/24/2011

DoylesRoom.com is now DoylesRoom.ag

Submitted by Guest on, May/24/2011

Merge Poker Blocking Four States Plus District of Columbia

Submitted by C Costigan on, May/24/2011

Macau Casino Stocks May See Short Term Drop Second Half of 2011

Submitted by Aaron Goldstein on, May/24/2011

Yandex: Biggest 2011 Tech IPO

Submitted by Aaron Goldstein on, May/24/2011

Bodog, Bookmaker Initiate Domain Change Strategy

Submitted by C Costigan on, May/24/2011

Online Poker Processor Pleads Guilty

Brad Franzen, the owner of a payment processor that worked in conjunction with three online poker rooms indicted April 15, has plead guilty on Monday. 

Submitted by C Costigan on, May/23/2011

More Headaches for PokerStars as Company Faces Australia Action

PokerStars, the world’s largest online poker room, could be fined in Australia. 

Submitted by Gilbert Horowitz on, May/23/2011

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