Business & Financial

Betsson Loses Battle With Sweden: Fights Over Svenska Spel Monopoly

 

The Swedish online gambling firm Betsson has lost a legal battle with the government of Sweden related to its monopoly Svenska Spel. 

Submitted by C Costigan on, Sep/08/2010

PokerStars Pro May be on the Outs

 

By now, it is no secret that the online poker world is centered on the site of the World Championship of Online Poker (WCOOP) and its host,PokerStars. In addition to the buzz generated by the prestigious and online’s most lucrative tournament series, much speculation has abounded regarding the status of some of the site’s longtime sponsored professional players. Specifically, the speculation is centered around Gavin Griffen, Hevad Khan, and former World Champ, Peter Eastgate.

Submitted by C Costigan on, Sep/08/2010

PokerStars.It Italian Online Poker Site Debuts At Number 7

 

The online poker monitoring website PokerScout.com has released its latest numbers and the inclusion of PokerStars.It Italian card room in the number 7 position of top worldwide rooms in terms of “real cash” players.  The site claimed to have 70248 playing at press time Monday night, which would be pretty amazing if true.  That would be more than PartyPoker’s overall traffic worldwide.  Party is currently the number three largest online poker network. 

Submitted by C Costigan on, Sep/06/2010

Merge Poker Sees Tremendous 6 Month Traffic Boost

 

Submitted by C Costigan on, Sep/06/2010

888 Holdings: Say Goodbye To Those Sweet Dividends

 

Submitted by C Costigan on, Sep/01/2010

Full Tilt Poker French Card Room Debuts Below Top 20

 

With PokerScout.com now counting the French online poker rooms separate from their main entities, Full Tilt Poker, which just obtained a license to operate in France, has debuted at number 22 and averaged a rather paltry 350 “real cash” players over the past week.  That’s worse than Bodog Poker’s 610.  Of course Full Tilt Poker continues to enjoy more than three times the number of players than its closest rival (outside of number one PokerStars) PartyPoker when it comes to “real cash” players overall. 

Submitted by C Costigan on, Sep/01/2010

Victory Poker Where Are You? Early Numbers Show Promise for Cake

 

Victory Poker was supposed to be migrating to the Cake Online Poker network on Wednesday September 1, 2010.  As of Wednesday evening, the VictoryPoker.com URL led us to a dead page.  By late night Wednesday, the Victory Poker migration appeared to be complete.  A message suggested that Victory Poker players could download the new client at 9 pm EST.

Submitted by C Costigan on, Sep/01/2010

Online Poker Traffic Rises 1.3 Percent

 

With summer vacations ending, online poker traffic has managed to climb 1.3 percent during the final week of August 2010 according to PokerScout.com, which monitors “real cash” traffic.  The site points out, however, that online poker traffic overall is still down 4 percent over last year at this time.  It will be interesting to see what if any effect a massive hurricane forecast to ride along the U.S. East Coast has on playing trends this week.

Nine of the top 10 tracked sites and networks saw a week-over-week increase.

Submitted by C Costigan on, Aug/31/2010

888.com Dire New Business Plan

 

888.com is set to implement drastic cost cutting measures as a way of getting back to profitability and stem further losses.

Submitted by C Costigan on, Aug/31/2010

Find a Job in Poker

  Looking for a job in the poker industry? Or maybe looking to hire someone for one?
Submitted by C Costigan on, Aug/30/2010

Australia Asia Pacific Gambling News (August 31, 2010)

 

Australian and Asia Pacific gambling, gaming, casino and political news remains all the rage. Aussie James Packer with his Crown, Burswood and City of Dreams Macau remains king of the castle, but what is news is that another couple of Australian politicians have jumped on the anti gambling - anti pokie bandwagon, but it's pretty much a case of a very small but vocal minority.  

Submitted by C Costigan on, Aug/30/2010

Stations Casinos Reorganization Plan Confirmed

 

Submitted by C Costigan on, Aug/30/2010

South Australian Govt Missing Millions Thanks To Online Gambling

 

Submitted by C Costigan on, Aug/27/2010

Cereus Poker Network Acquired by Blanca Games

 

Submitted by C Costigan on, Aug/26/2010

Victory Poker CEO Excited About Move To Cake

 

Submitted by C Costigan on, Aug/26/2010

Online Gambling Firms Centrebet, Playtech, William Hill Profits All Up

 

More good news for the online gambling sector as a number of top firms reported profit increases on Thursday:  Centrebet, Playtech and William Hill among them.

Following in the footsteps of strong financial numbers from Ireland’s online powerhouse Paddy Power, Centrebet out of Australia said its profits jumped a whopping 75 percent.

New and innovative products were allowing it to grow, according to a company statement.

Submitted by C Costigan on, Aug/26/2010

Online Gambling Companies Still Thrive Despite Deep Recession

 

Submitted by C Costigan on, Aug/25/2010

Paddy Power Profit Up 48 pct After World Cup Windfall

 

Submitted by C Costigan on, Aug/25/2010

Sportsbook News: What’s Next For Kenny White

Submitted by C Costigan on, Aug/24/2010

Victory Poker Confirms Move To Cake Poker: Caging Sara Underwood

 

Dan Fleyshman, founder and CEO of Victory Poker confirmed to CoinFlip.com Monday that his online poker room will indeed be moving over to the Cake Poker Network

Rumors first began surfacing over the weekend.  Gambling911.com covered the story on Saturday (see Victory Poker Provides Winning Ingredient for Cake Poker).

Submitted by C Costigan on, Aug/24/2010

Online Sportsbooks: Heroes Shuts Down, WSEX Might As Well Too

 

Submitted by C Costigan on, Aug/24/2010

Australia: Crown Casino News

Submitted by C Costigan on, Aug/23/2010

Victory Poker Provides Winning Ingredient for Cake Poker

 

Poker News Daily is reporting that Victory Poker will be switching online poker networks and joining a list of rooms coming on board the Cake Poker Network.

Victory Poker is owned by the same folks who brought us the popular Who’s Your Daddy energy drink.  Dan Fleyshman, who runs the company, has been boasting of a “big announcement” on his birthday next month. 

Submitted by C Costigan on, Aug/21/2010

Breaking News

Circa Rumors Escalate

Derek Stevens, owner of the famed Circa Casino and Sportsbook in Las Vegas, had many folks talking Monday morning following a recent post.