PokerStars Lands Former Disney Exec

Written by:
Aaron Goldstein
Published on:

Mickey Mouse’ old boss, Eric Hollreiser, is now working for the world’s largest online poker room, PokerStars.

The company made the announcement on Thursday that it had hired Hollreiser as Head of Corporate Communications.  Hollreiser comes to PokerStars after holding executive positions at Disney and Microsoft.  He joins the firm at a time of transition following the indictment of two PokerStars executives by US authorities on April 15.

PokerStars, to its credit, has hardly skipped a beat since that time.  After paying back all its US customers, the company was forced to exit the lucrative American market.  Stars massive European and Latin American presence has allowed it to flourish.  Two other companies indicted at the time, Full Tilt Poker and Absolute Poker, have been unable to pay back customers.

Advertisement:  Limited Time Only for NonUS Customers:  Double Your Money at 888Poker.com

Hollreiser’s job will be to keep the company on course on the public relations and social media front.

A company statement read:

Hollreiser will guide the positioning of PokerStars as a leading interactive entertainment and technology company, leveraging proprietary software, unrivalled online customer service, live events and creative broadcast operations to entertain audiences and deliver interactive experiences around the world.

Hollreiser is also a former journalist. He was hired following a six-month international search and has acted as a consultant for the company in recent months. 

- Aaron Goldstein, Gambling911.com

Business/Financial News

Coronavirus and Bitcoin: Paper Money Spreads Germs

As the dreaded Coronavirus continues to spread and the stock markets suffer, is this the time to jump on board cryptocurrency digital trading?  Online gambling sites certainly hope so. 

What is the Ideal Block Size and Fee Cost?

What is the Ideal Block Size and Fee Cost?

Markets are better at deciding what block sizes and fee costs should be.  Leave it up to the miners and users, not development committees.

Rest in Peace Bitcoin?  Not Quite

Rest in Peace Bitcoin? Not Quite

Bitcoin ain't dead yet, nowhere near. Bitcoin is currently sitting at a $115 Billion market cap with each Bitcoin currently being worth $6,728.33.  The last time we saw a price point similar to this level was in early February, just 4 months ago. During that same month Bitcoin bounced back to over $11,000.

Inside the Cryptocurrency Revolution

Inside the Cryptocurrency Revolution

Vice News on HBO is set to premier a segment on the "Cryptocurrency Revolution", more specifically detailing Genesis Mining. 

Bitcoin Blockchain Acceptance Updates

Use of cryptocurrencies can be done anonymously.  Companies like JazzSports are leading the way by promoting anonymous accounts that only require a valid email account.  Payments are through a virtual wallet using the blockchain.  This means it no longer matters where the actual customer physically resides.