Financial

New Jersey iGaming Revenue Sees Huge Gains in 2016

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

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

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,...

Amaya Takes a Hit After Baazov Backer Cries Foul

Former Amaya chief executive David Baazov could be in hot water again after news emerged that a major investment bank isn’t involved in his takeover talks. Earlier in November, Baazov submitted an official proposal to...

David Baazov is Back with a $6.7 Billion Takeover Bid for Amaya

Former Amaya CEO David Baazov may be under investigation for potential financial crimes, but that hasn’t stopped him from putting together a $6.7 billion bid for the company. Back in March, Baazov was one of five...

Nevada Poker Revenue Up as Tourist Figures Break Records

Nevada poker enjoyed a revival in September, reversing the downswing the state endured in August, 2016. In what’s been a turbulent year for Nevada poker rooms, September saw a reversal of fortune for the Nevada’s live...

William Hill and Amaya in Merger Talks but Analysts Say it Could be a Long Shot

William Hill and PokerStars could be set to merge if the former can agree a deal with Canada’s Amaya Gaming. William Hill is one of the largest sports betting companies in Europe and in the last few days it’s emerged...

Barry Shulman to Auction off His $8 Million Vegas Pad

The owner of Card Player Magazine, Barry Shulman, is putting his $8 million Las Vegas penthouse up for auction, but he’s unlikely to recoup his stake. The company in charge of selling the three-story property on October 18,...

Full Flush Poker Players Scramble, as Site Appears to Shut Down

Has Full Flush Poker closed its virtual doors? Or is it all just a temporary shutdown? These are the questions on many online poker players’ minds this week, when the site became inaccessible to customers. According to...

Delaware Online Poker And iGaming Show Strong Growth Streaks In July

Delaware online poker continued strong growth in July and even managed to post record profits for the month. Summer is often a time when online bettors step out into the sunlight and do something else with their spare time. This...