Financial

888.com in $1.47 Billion Acquisition Talks with William Hill 

888 Holdings, operator of the world’s second biggest online poker network, has confirmed it is in “advanced talks” over a £750 million ($1.47 billion) takeover by British bookmaking giant William Hill. The news this week...

Bwin-party Announces €15 Million EU Tax Hit

Bwin-party has announced that the new European Union tax rules on digital services will cost the company €15 million ($16.9 million) in 2015. The EU rules, which came into force at the beginning of this year, state that...

World Series of Poker Taking Live Updates In-House

The World Series of Poker may have become famous thanks to the tape-delayed, edited coverage that airs every year on ESPN. But for serious poker fans, the best way to get immediate, detailed information from the WSOP floor has...

Virginia Police Confiscate Money after SWAT Team Storms Private Poker Game

Police in Fairfax County, Virginia, have come under fire this week for their decision to use a SWAT team to break up a private poker game, before confiscating a chunk of the players’ money. The high-stakes game, which took...

SB 40 is Not an Anti-staking Bill, Says Nevada Regulator

The Nevada Gaming Control Board has moved to reassure poker players that its proposed bill, SB 40, will not outlaw the practice of staking players in tournaments. Fears were raised earlier this week on the TwoPlusTwo forums when...

WSOP Will Pay 1000 Players in Main Event, But No Top Prize Guarantee

The World Series of Poker announced Tuesday that they would guarantee payouts to the top 1,000 finishers in the WSOP Main Event, increasing by approximately 50 percent the number of players who would walk away from poker’s...

American Gaming Association Addresses AG Nominee Loretta Lynch

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

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

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

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...