Financial

Phil Ivey v Borgata Legal Tennis Match Continues as Casino Files (Yet Another) Motion

Phil Ivey’s ongoing baccarat battle with the Borgata took another turn this week after yet another motion was filed by the Atlantic City casino. The latest move in a war that’s been raging since 2014 sees the Borgata...

Asia-Pacific Poker Tour Merging with ANZPT

Two poker tours that have defined the game across the Pacific Ocean are combining to become what will likely be the largest entity in Asian tournament play. The Asia-Pacific Poker Tour (APPT) will be absorbing the tournaments of...

Alexandre Dreyfus Continues Push to “Sportify” Poker

Alexandre Dreyfus is the Elon Musk of the poker industry, an Internet entrepreneur whose company Mediarex is responsible for the Global Poker Index (GPI) and Hendon Mob databases, American and European Poker Awards, and several...

Online Poker in Italy Enjoys a Rare Upswing

Italian online poker sites have taken something of a beating in recent months as far as cash game traffic is concerned, but there appears to a glimmer of hope on the horizon in the form of tournaments. The latest figures show...

Amaya Could Reengage with GVC Following 888 Bailout on Bwin.party Deal

Amaya is somewhat akin to the fat lady singing in the famous aphorism. The online poker giant could be hitting a high C in the last act of a protracted bidding war that finally came to a denouement last week. That bidding war,...

Bwin.party Agrees To $1.6 Billion Takeover Deal with GVC

Bwin.party, the sports betting, casino and poker operator, has formally accepted a £1.1 billion ($1.6 billion) takeover bid from GVC Holdings. Despite initially accepting a lower offer from 888 Holdings back in July, bwin.party...

PokerStars Marketing Campaign Paying Off in First Few Weeks

PokerStars was already the world’s largest poker site, dominating most markets in which the Amaya-owned website competes. But there’s always room to grow, and PokerStars’ latest marketing campaign seems to be drawing even...

888 Holdings Improves Its Hand in the Poker Battle That’s Become Bwin.party Bidding War

888 Holdings has raised rival GVC Holdings with a new bid for bwin.party in the seemingly never-ending battle for control of bwin, which took another turn on Tuesday. Following last week’s breaking news that GVC had made a...

Bwin.Party Financials Strong, But Online Poker Continues to Struggle

Bwin.party is profitable once again, announcing it made a return of €2.9 million ($3.25 million) after taxes for the first six months of 2015, an impressive turnaround for the company which lost a staggering €94 million ($105...

Italian Online Poker Revenues Sliding in 2015

Italian online poker figures have been hard to come by in recent years. The national regulatory body (AAMS) had stopped releasing statistics for two years, with numbers only now available on a section of the AAMS website that is...