..

Online Gambling Business: Victory Poker Moving to Cereus Network

Written by:
Aaron Goldstein
Published on:
Mar/28/2011
Victory Poker

Victory Poker is looking to make yet another move to another network it seems based on reports surfacing this past week. 

RakeTheRake.com broke the story and Victory Poker’s CEO has since confirmed it.     

The website claims that Victory will be leaving the Cake Network shortly.  Cake recently announced a strategic alliance with PokerListings.com, which should help to broaden its scope of players.

Observers note that Victory Poker has changed networks approximately 3 times in the past year.

 

Bwin Shares Way Up Ahead of Party Merger

 

Austrian online gaming firm Bwin has said revenues were up 15.2% to 514.6m euros (£446m; $723m) in 2010.

The firm offers sports betting, poker and casino games, with 20 million customers in more than 25 core markets.

It is set to join forces with PartyGaming by week’s end. 

 

Crytpologic Considering Potential Sale

 

In a report appearing in the Irish Times Sunday, software specialist Cryptologic is said to be considering the possibility of a sale of all or part of the business in a strategic review announced over the weekend.

The Dublin-headquartered company said it had asked Deloitte Corporate Finance to assist with a strategic review of the business, which lost €14 million last year.

Its statement said that the review “will consider a number of strategic options, including the possibility of an offer being made for the company or a disposal of part of the business”.

It is yet to attract any offers, however. 

Cryptologic was one of the first online gambling software firms.

- Aaron Goldstein, Gambling911.com

 

Follow us on Twitter for all the latest breaking gambling news

Follow us on Facebook.  Become a fan here.

Poker News

Mouth to Out Hellmuth for "Protecting People Who Steal Millions in Poker World"

Mouth Outs Hellmuth for "Protecting People Who Steal Millions in Poker World"

Mike "The Mouth" Matusow promises a blockbuster revelation on his Friday night podcast.

The Mouth Warms Up To Biden....Kind of

The Mouth Warms Up To Biden....Kind of

One of now former US President Donald Trump's most ardent supporters in the poker community, Mike "The Mouth" Matusow, was quick to bash the incoming President Joe Biden via Twitter, but added he hoped for Biden to enjoy success.

New Hampshire Wins Its Poker Case Versus Justice Department

New Hampshire Wins Its Poker Case Versus Justice Department

The New Hampshire Lottery Commission has won its case against the US Justice Department.

Americas Cardroom Introduces New Pros.. Including the Popular Ebony Kenney

Americas Cardroom Introduces New Pros.. Including the Popular Ebony Kenney

Americas Cardroom has introduced a handful of new pros (also known as "brand ambassadors").

Postle Hit With Two Motions to Strike

Postle Hit With Two Motions to Strike

Poker pro Mike Postle has been hit with two motions to strike his complaints in California courts, by defendants in his lawsuit alleging defamation and seeking hundreds of millions in damages. 

Syndicate