..

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

Day 1A of VenomPKO Was Intense

Day 1A of VenomPKO Was Intense

Day 1A of the highly anticipated VenomPKO is in the books and Americas Cardroom was promising even bigger things for Monday

Poker Pro Sam Grizzle Dies of Stroke

Poker Pro Sam Grizzle Dies of Stroke

"At least he went out on top," poker pro Mike "The Mouth" Matusow commented upon hearing that fellow pro Sam Grizzle died from a “massive stroke and brain aneurysm" Monday afternoon.

Midway Poker Tour Founder Daniel Bekavac in Hiding?

Midway Poker Tour Founder Daniel Bekavac in Hiding?

PokerTube.com reported this weekend that Midway Poker Tour founder Daniel Bekavac appears to have gone to ground and nobody has any idea where he is.

$5 Million Venom PKO Venom Fever

Americas Cardroom's $5 Million GTD Venom PKO Main Event is the biggest progressive knock out tournament in the history of poker and the tourney is set to kick of October 23rd to November 4th.

Fallout From Midway Poker Tour Fiasco Continues

Fallout From Midway Poker Tour Fiasco Continues

Daniel Bekavac, the founder of the Illinois-based Midway Poker Tour, has been booted from the PokerBros app after it was revealed that players were forced to sign up under Bekavac’s Poker Bros. affiliate code.

Syndicate