Financial

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...
PokerStars Celebrates SCOOP Anniversary with Bumper Prizepool
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PokerStars Celebrates SCOOP Anniversary with Bumper Prizepool

April 6th, 2018 | by Jason Reynolds
SCOOP 2018 is going to give away at least $65 million in prize money as well as five Platinum Passes worth $30,000 each. Since launching in 2009, the annual Spring Championship of Online Poker has continued to grow in size, but...
Winamax Receives Liquidity Sharing License from ARJEL
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Winamax Receives Liquidity Sharing License from ARJEL

February 12th, 2018 | by Kaycee James
Winamax has become the latest online operator to receive a cross-border iGaming license as part of the liquidity sharing deal between France, Spain, Italy and Portugal. The online poker site is only active in France, but...
Portugal and Italy Inching Towards Poker Liquidity Sharing Reality
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Portugal and Italy Inching Towards Poker Liquidity Sharing Reality

January 26th, 2018 | by Kaycee James
Poker liquidity sharing in Europe will move another step forward very soon according to politicians and industry insiders. Speaking to local media outlet GiocoNews, Italy’s Under Secretary of State at the Finance Ministry, Pier...
Liquidity Sharing Imperative as Online Poker in Delaware Declines in 2017
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Liquidity Sharing Imperative as Online Poker in Delaware Declines in 2017

January 19th, 2018 | by Jason Reynolds
Online poker in Delaware has taken a tumble in 2017 according to the latest figures from the state’s regulator, the Delaware Lottery. Looking back on the last 12 months of activity, the market as a whole contracted by 18...
GVC Holdings Ups the Ante with Third Play for Ladbrokes Coral   
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GVC Holdings Ups the Ante with Third Play for Ladbrokes Coral  

December 8th, 2017 | by Jason Reynolds
GVC Holdings has signaled its intention to takeover Ladbrokes Coral in a deal that could be worth as much as £3.9 billion/$5.2 billion. Announced on December 7, the statement regarding a possible acquisition was published by GVC...
US Judge Rules Leon Tsoukernik’s Alleged $2 Million Debt Isn’t Enforceable
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US Judge Rules Leon Tsoukernik’s Alleged $2 Million Debt Isn’t Enforceable

October 18th, 2017 | by Kaycee James
Kings Casino owner Leon Tsoukernik has won part of his recent legal battle against Australian poker pro Matthew Kirk, but he may still have to payout $2 million. Following a lawsuit brought against him by Kirk back in June 2017,...