Financial

American Gaming Association Addresses AG Nominee Loretta Lynch
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American Gaming Association Addresses AG Nominee Loretta Lynch

January 28th, 2015 | by Jason Reynolds
The President of the American Gaming Association (AGA), Geoff Freeman, recently penned an open letter to Attorney General nominee Loretta Lynch aimed at combating the illegal betting industry in the US. Addressed to the Senate...
How Manny Pacquiao Lost a Match to Justin Smith, Recounted on Instagram
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How Manny Pacquiao Lost a Match to Justin Smith, Recounted on Instagram

January 27th, 2015 | by Brian Corlisse
Manny Pacquiao isn’t an easy man to fool. The Filipino boxer has won world championships in eight different weight divisions, having compiled a record of 57 wins, five losses, and two draws in his distinguished career. He’s...
Victory for Poker Players as AG Eric Holder Cracks Down on “Equitable Seizure” Law
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Victory for Poker Players as AG Eric Holder Cracks Down on “Equitable Seizure” Law

January 22nd, 2015 | by Greg Shaun
Attorney General Eric Holder has banned state and local police from seizing cash and property from detainees without the need for a warrant or criminal charge. Previously, police have been able to confiscate personal property...
Nebraska Lawmaker Wants to Legalize Poker in State
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Nebraska Lawmaker Wants to Legalize Poker in State

January 20th, 2015 | by Kaycee James
Nebraska prohibits most forms of gambling throughout the state, but at least one lawmaker wants to change that by allowing poker to be played there. State Senator Tyson Larson (R-O’Neill) has introduced a bill that would...
WSOP Online Now Beating Partypoker as Liquidity Sharing with 888.com Takes Hold
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WSOP Online Now Beating Partypoker as Liquidity Sharing with 888.com Takes Hold

January 19th, 2015 | by Jason Reynolds
Online poker site WSOP.com has taken over as the largest room in the New Jersey Internet market, following a dramatic week that saw a major shift in cash game traffic rankings overall. Within only a week of a liquidity sharing...
New Jersey Online Poker Revenues Finally Looking Up
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New Jersey Online Poker Revenues Finally Looking Up

January 16th, 2015 | by Brian Corlisse
The New Jersey online poker scene managed to avoid another loss and reverse its three-month downswing with a positive U-turn in the right direction for December, according to the State’s Division of Gaming Enforcement....
Is Amaya’s Share Buy Back a Hint PokerStars’ US Return is Close?
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Is Amaya’s Share Buy Back a Hint PokerStars’ US Return is Close?

January 14th, 2015 | by Kaycee James
Could Amaya Gaming’s recent pledge to buy back almost CA$165 million worth of its own shares be a sign that PokerStars and Full Tilt are set for big things in 2015? A recent statement by the company has outlined that over...
PokerStars Rake Increases Get the Boot, For Now
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PokerStars Rake Increases Get the Boot, For Now

January 6th, 2015 | by Brian Corlisse
PokerStars rake increases will not see the light of day after all, at least not for now. The controversial site has announced that it will cancel nearly all of the planned rake increases that it previously announced in October,...
Svenska Spel Trumps Offshore Operators Among Swedish Online Gamblers
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Svenska Spel Trumps Offshore Operators Among Swedish Online Gamblers

January 4th, 2015 | by Kaycee James
Svenska Spel is the site of preference for the vast majority of Swedish gamblers, according to a survey of the country’s online gambling habits published by Lotteriinspektionen, the Swedish regulator. The study found that 59...
Bwin.party Looks to Sell Amid Disappointing Revenues
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Bwin.party Looks to Sell Amid Disappointing Revenues

January 3rd, 2015 | by Greg Shaun
UK-traded gambling operator Bwin.party announced this week its 2014 earnings will come in short of previous estimates, citing “exceptionally weak gross win margin in sports betting” as the primary culprit. While bet...