Financial

Feuds, Face-Offs and Factions: Best Poker Battles of 2014

Poker feuds are nothing new. Wild Bill Hickock was murdered holding two aces and two eights, the namesake “dead man’s hand.” Although not quite as violent today, at least not most of the time, bad blood still...

Mike Gatto Defends Online Poker Bill in Op-Ed

A California online poker bill proposed by Assemblyman Mike Gatto (D-Glendale) has received its fair share of criticism since he introduced it earlier this month. But Gatto believes in his legislation, and took to writing an...

WSOP Owner Caesars Defaults on $225 million Debt Payment 

World Series of Poker owner Caesars Entertainment has defaulted on a $225 million bond payment and is rumored to be close to signing a bankruptcy deal. It’s no secret that Caesars’ debt is monumental, and currently stands, as...

Gatto Keeps Open Mind on Bad Actor Question

Assemblyman Mike Gatto, sponsor of the newly-tabled Bill AB9 which aims to establish a regulatory framework to legalize online poker in California in 2015, has professed to have an open mind about the inclusion of bad actors in a...

Swedish Political Woes Could Threaten Regulation Process

Sweden’s proposed changes to its gambling laws could be derailed following the collapse of its center-left government after just two months in power. Prime Minister Stefan Löfven was forced to call a sudden March general...

UK igaming Becoming an Unattractive Proposition for Businesses

Since the new UK igaming laws operators have begun to see the United Kingdom as an unattractive market to set up shop, that’s the recent assessment by Gibraltar’s Betting and Gaming Association CEO, Peter Howitt....

Number of Nevada Poker Tables Hits Nine-Year Low

Poker is still a very popular form of gambling, but it’s clear that it doesn’t have quite the public following that it did during the true “poker boom” years of a decade ago. That can be seen in a number...

Amaya Montreal Headquarters Raided by Securities Regulators

Amaya Gaming Group confirmed this week that its Montreal headquarters were raided by Quebec financial regulators seeking information related to its $4.9 billion acquisition of Rational Group in June of 2014. The PokerStars and...

PCG Entertainment Aims to Raise China Online Poker Capital

PCG Entertainment, a company that hopes to raise enough funding to make its mark on China’s online poker scene down the line, was off and running when the company’s shares rose by two percent on its first day of...

PokerStars Reportedly Pushing for Bitcoin iGaming

PokerStars could be on the verge of offering Bitcoin services to its customers if recent reports are correct. Although unconfirmed by PokerStars, some industry insiders, including Online Poker Report’s Chris Grove, have...