Financial

Q2 Report Shows Poker is Losing Influence at PokerStars
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Q2 Report Shows Poker is Losing Influence at PokerStars

August 9th, 2017 | by Jason Reynolds
PokerStars’ parent company, The Stars Group Inc., has seen its Q2 revenue increase by 6.8 percent to $305.3 million despite a drop in poker revenue. The latest set of Q2 financials from The Stars Group show that online...
Can Las Vegas Casinos Accept Nevada Weed Money?
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Can Las Vegas Casinos Accept Nevada Weed Money?

August 4th, 2017 | by Jason Reynolds
Casinos in Las Vegas could be caught between federal and state laws thanks to the recent legalization of recreational marijuana. Following the legalization of recreational marijuana in the state of Nevada on July 1, 2017, state...
Nevada Poker Revenue Enjoys Ten-Year High in June
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Nevada Poker Revenue Enjoys Ten-Year High in June

July 28th, 2017 | by Jason Reynolds
Nevada’s poker revenue peaked at a ten-year high in June 2017 thanks, in part, to the World Series of Poker (WSOP). Looking at the official statistics from the Nevada Gaming Commission, the state’s live poker rooms...
Online Betting in France is on the Upswing Thanks to Women
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Online Betting in France is on the Upswing Thanks to Women

May 26th, 2017 | by Kaycee James
French online betting is experiencing an upswing with Q1 revenue hitting record highs thanks to more females anteing up. According to ARJEL’s latest revenue report, online sports betting revenue was up by 23 percent from...
Online Poker in Delaware Takes a Dip in March
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Online Poker in Delaware Takes a Dip in March

April 19th, 2017 | by Kaycee James
Online poker and casino gaming in Delaware took a hit in March with the latest reports showing state revenue was down 42 percent compared to 2016. Disappointing performances from Dover Downs and Delaware Park, the state’s...
Phil Galfond’s Iconic Indoor Slide Could be Yours for $15,000
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Phil Galfond’s Iconic Indoor Slide Could be Yours for $15,000

March 8th, 2017 | by Brian Corlisse
Phil Galfond’s infamous indoor slide could be yours if you’ve got a spare $15,000 in your bankroll. The iconic slide, which Galfond had custom-made for his penthouse apartment in New York City, caused a stir both...
Phil Ivey to Take Another Stab at $9.4 Million Crockfords Baccarat Win
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Phil Ivey to Take Another Stab at $9.4 Million Crockfords Baccarat Win

March 3rd, 2017 | by Kaycee James
Phil Ivey’s ongoing baccarat edge sorting saga has taken another twist thanks to a successful application to the UK’s Supreme Court. Back in October 2014, poker pro Phil Ivey lost his case against London’s...
New Jersey iGaming Revenue Sees Huge Gains in 2016
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New Jersey iGaming Revenue Sees Huge Gains in 2016

January 27th, 2017 | by Kaycee James
New Jersey iGaming saw huge financial improvements in 2016 according to the latest report from the Division of Gaming Enforcement (DGE). Despite some inevitable dips throughout the year, online gaming revenue across the Garden...
China Crisis Could Cause Macau Gambling Revenue to Stabilize in 2017
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China Crisis Could Cause Macau Gambling Revenue to Stabilize in 2017

January 4th, 2017 | by Kaycee James
Macau’s gambling industry might not be set for a major revival in 2017, but analysts believe the market has finally hit its lowest point. In line with early predictions, Macau’s betting economy contracted by 3.3...
David Baazov Adjusts His Bet for Amaya After Backers Back Out
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David Baazov Adjusts His Bet for Amaya After Backers Back Out

November 28th, 2016 | by Kaycee James
David Baazov has been forced to amend his bid for Amaya after it emerged that a proposed backer hasn’t actually put their chips on the table. Following reports that KBC Aldini Capital, a Dubai-based investment firm,...