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.
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?"
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.
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.
Smaller, Thinner iPhone and 99.5 Percent Chance of 25 Million to 30 Million Unit Sales
Tell Tale Sign of Conspiracy: How Quickly Las Vegas Rolls Out Own Online Poker Sites
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.
More Headaches for PokerStars as Company Faces Australia Action
PokerStars, the world’s largest online poker room, could be fined in Australia.
Sky City Group Plans To Build Casino In Darwin; Aussie Casino Wars May Escalate
Sky City Casino has released previously top secret plans for a 50 million dollar resort - casino featuring villas which could cost as much as two thousand dollars a night.
The flashy integrated resort is to be built next to the current land based casino site, at Little Mindil, with the company also looking at the operation of a corporate jet to shuttle VIP whales between Asian cities and Darwin.
The Chief Minister Paul Henderson says it's fantastic news for the Territory.
Casinos Reopening in Tunica Following Record Floods
The Gold Strike Casino was among three properties that began opening for business this week following two weeks of record flooding from a swollen Mississippi River
Lock Poker Signs on Two New Pros
Lock Poker has signed on two new pros and four more are expected to come on board next week.
QuickTender / UseMyWallet Funds Not Going Through in US
QuickTender / UseMyWallet has stopped sending funds to US players.
California Wants Online Poker Legalized Now
California Senator Lou Correa has amended his California bill SB40 in an effort to legalize online poker in the state before federal legislation is passed.
Correa has marked his bill with an “urgency category”, resulting in the bill remaining active to progress at this year’s legislative phase without having to beat committee deadlines.
The only thing needed, a signature from Democratic California Governor Jerry Brown.
