Financial

AMF Investigation into Amaya Continues, Computers and Documents Confiscated
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AMF Investigation into Amaya Continues, Computers and Documents Confiscated

April 9th, 2015 | by Brian Corlisse
Amaya Inc. and its employees are still being investigated by the Autorite des Marches Financiers (AMF), the financial regulatory body in Quebec, for supposed misconduct ahead of the $4.9 billion takeover of PokerStars and the...
Ioannis Triantafyllakis Wins the 2015 Irish Poker Open
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Ioannis Triantafyllakis Wins the 2015 Irish Poker Open

April 6th, 2015 | by Greg Shaun
The 2015 Irish Poker Open, Europe’s longest running live poker event, reached its final table on Sunday night after welcoming 321 players over the Easter weekend. Generating a prizepool in excess of €1,000,000...
Lock Poker Reportedly Reaches One Year Without Processing One Withdrawal
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Lock Poker Reportedly Reaches One Year Without Processing One Withdrawal

April 4th, 2015 | by Kaycee James
Lock Poker has become, quite possibly, the least trusted name in online poker. That would have been hard to believe just a few years ago, considering the Absolute Poker “super user” scandal was still fresh in the minds of the...
Sweden Cracking Down On Unlicensed Internet Gambling Companies
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Sweden Cracking Down On Unlicensed Internet Gambling Companies

April 4th, 2015 | by Brian Corlisse
Sweden is one of the more tightly controlled online poker markets in the European Union, as the national government really only allows Internet gaming through one licensed firm: the state-backed Svenska Spel. That hasn’t...
Nevada Poker Revenues Down In February
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Nevada Poker Revenues Down In February

April 2nd, 2015 | by Kaycee James
Nevada poker revenues were down about 8 percent year over year in February, continuing a trend of diminishing take from poker tables in Las Vegas and throughout the state. Last February, the state brought in about $9.27 million...
Morgan Stanley Slashes US iGaming Market Value
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Morgan Stanley Slashes US iGaming Market Value

April 2nd, 2015 | by Brian Corlisse
Despite a relatively buoyant market in New Jersey and lots of potential for growth across the country as a whole in the next five years, Morgan Stanley has cut its financial projection for the US iGaming market by just under 50...
Amaya Reports Strong Earnings, Says PokerStars Will Enter New Jersey In Fall
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Amaya Reports Strong Earnings, Says PokerStars Will Enter New Jersey In Fall

March 31st, 2015 | by Kaycee James
Amaya made a variety of announcements during an earnings call Tuesday morning, covering topics ranging from the introduction of sports betting to their poker products to when PokerStars is likely to arrive in the state of New...
Possible Tax Ramifications from UK Poker Study That Says It’s Game of Skill
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Possible Tax Ramifications from UK Poker Study That Says It’s Game of Skill

March 29th, 2015 | by Greg Shaun
A UK poker study says that poker is a game of skill, but that may prove to be an unlucky finding for professional British players currently used to walking away scot-free from the taxman. Poker players have long been waging a...
Nevada and Delaware Online Poker Player Pool Sharing Officially Launches
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Nevada and Delaware Online Poker Player Pool Sharing Officially Launches

March 27th, 2015 | by Greg Shaun
Online poker players in Nevada and Delaware are officially able to play against each other through what is being called a Multi-State Poker Network (MSPN), the first such agreement in the United States. The official launch of the...
PokerStars Granted Dismissal Of Illinois Loss Recovery Case
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PokerStars Granted Dismissal Of Illinois Loss Recovery Case

March 27th, 2015 | by Kaycee James
PokerStars may not have much of a presence in the United States anymore, but they’re still finding ways to win in the USA. Judge David R. Herndon of the United States District Court for the Southern District of Illinois granted...