Financial

Online Poker Left Out of UKGC Gambling Trends Study

The UK Gambling Commission (UKGC) breakdown of gambling trends across the country has just been released and online poker didn’t even score a mention. Despite making up around 19 percent of the UK’s £2.83 billion...

Amaya And GVC Look To Trump 888 Holdings With Bwin.party Acquisition Bid

Bwin.party’s future today became the subject of a high-powered bidding war between two giants of online gaming. In one corner is 888 Holdings, which announced on Monday morning that it had submitted a proposal to acquire...

GVC Holdings Making Bid for Bwin.party

GVC Holdings announced Friday that it had made a proposal to take over bwin.party Digital Entertainment, making them the latest company to declare their interest in buying the worldwide Internet gaming company. Bwin.party has...

Penn National Says Online Gambling “Vital” to Land-Based Casinos

Penn National operates 26 gambling facilities in 16 states and another in Canada, so it might come as a surprise that the company is one of online gambling’s biggest advocates. Delivering testimony to Pennsylvania’s...

Betclic Players Targeted by Belgian Gaming Commission

Online gambling operator Betclic is being accused by the Belgian Public Prosecution Office of running an illegal iPoker and gambling network, with the country’s gaming commission also seizing player account balances and...

Full Tilt Says Next Round of Payments Coming in August 

Full Tilt says it has reimbursed more than 80 percent of all petitions filed stemming from the network’s sudden closure on April 15, 2011, also known as poker’s Black Friday, and by the end of August another 2,000...

France and Spain Could Share Poker Liquidity

Spanish online poker regulators say that they might be willing to share liquidity with French poker sites, a move that could generate increased traffic for poker players in both countries if it were to occur. The announcement...

Amaya to Release Q1 Earnings Mid-May, Revenue Estimates Lowered

Amaya will reveal to investors its first-quarter earnings for 2015 during a conference call on May 14th led by David Baazov, CEO of the gaming company and parent to PokerStars and Full Tilt. In a press release, the company says...

New Online Gaming Merchant Codes Could Strengthen iPoker

Gaming merchant codes have long hindered the regulated Internet poker market, but that trend might soon change thanks to the issuing of three new processing codes. Since Nevada legalized online casinos back in 2013, financial...

NYX Acquires Amaya Assets for $120 Million

NYX, the US-based gaming company with roots in the UK, Sweden and Australia, has just acquired two new assets from Amaya Inc. The deal, which is worth $120 million, will see NYX assume control of Chartwell, Cryptologic and...