Financial

Macau Casino Revenue Hits Four-Year High Despite Government Gambling Crackdown
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Macau Casino Revenue Hits Four-Year High Despite Government Gambling Crackdown

November 2nd, 2018 | by Greg Shaun
Casino revenue in Macau hit a four-year high in October, despite continued efforts by the Chinese government to crackdown on gambling. According to the latest figures released by the Gaming Inspection and Coordination Bureau,...
Indian Online Poker Startup Achieves Industry First with Series A Funding
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Indian Online Poker Startup Achieves Industry First with Series A Funding

October 1st, 2018 | by Brian Corlisse
The evolution of India’s online poker industry continues as fledgling site 9stacks becomes the first operator to raise money through a Series A funding model. Announced on October 1, the initiative will see 9Stacks receive 28...
BetStars Makes Its US Debut in New Jersey
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BetStars Makes Its US Debut in New Jersey

September 15th, 2018 | by Kaycee James
BetStars, the sports betting arm of PokerStars is now live in New Jersey making it the eighth operator to do so since the Professional and Amateur Sports Protection Act (PASPA) was overturned. Announced on September 13, the move...
New Jersey Sportsbooks Booming After PASPA Legislation Win
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New Jersey Sportsbooks Booming After PASPA Legislation Win

August 16th, 2018 | by Jason Reynolds
New Jersey sportsbooks were busy during July – the first full month of legal sports betting in the state following a United States Supreme Court decision in May that opened the door for states to regulate their own markets. It...
Pennsylvania Seeks Online Gaming With Help From Stars Group and Pokerstars
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Pennsylvania Seeks Online Gaming With Help From Stars Group and Pokerstars

August 13th, 2018 | by Kaycee James
Pennsylvania poker players soon won’t have to leave the couch to play a hand thanks to a partnership between Mount Airy Casino Resort and The Stars Group. The Stars Group, which owns PokerStars, will team up with the...
PokerStars Celebrates Trio Series Success as Liquidity Sharing Proves Popular
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PokerStars Celebrates Trio Series Success as Liquidity Sharing Proves Popular

June 25th, 2018 | by Jason Reynolds
Shared liquidity in Europe as helped PokerStars giveaway more than $7 million during its latest online tournament series. Following regulatory approval from the Portuguese authorities in May, PokerStars announced the launch of a...
David Baazov Avoids Insider Trading Charges After Judge Tosses Case
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David Baazov Avoids Insider Trading Charges After Judge Tosses Case

June 8th, 2018 | by Jason Reynolds
Former Amaya CEO David Baazov will avoid charges of insider trading linked to the $4.9 billion sale of PokerStars thanks to a major error by the Autorite des marches financiers (AMF). Following a May 21 call for a stay of...
Online Poker in Spain Buoyed by Shared Liquidity Innovations
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Online Poker in Spain Buoyed by Shared Liquidity Innovations

June 1st, 2018 | by Jason Reynolds
Online poker in Spain enjoyed a major upswing during the first three months of 2018 thanks to the first stages of its long-awaited liquidity sharing pact with France, Italy and Portugal. Outlining the industry’s first quarter...
WSOP Changes the Game with UMG Esports Collaboration
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WSOP Changes the Game with UMG Esports Collaboration

May 11th, 2018 | by Kaycee James
The World Series of Poker (WSOP) has unveiled one of its most unique innovations of the last few years by announcing a partnership with esports brand, UMG Media Corp. Moving with the times has been something WSOP bosses have...
Another Blow for Poker in China As Macau Venues Close
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Another Blow for Poker in China As Macau Venues Close

May 7th, 2018 | by Brian Corlisse
Poker in China was dealt another blow recently after two leading venues closed their doors and a live tour was forced to postpone its launch. First reported by local gaming media outlet Somuchpoker, the latest from Macau is that...