Financial

William Hill and Amaya in Merger Talks but Analysts Say it Could be a Long Shot
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William Hill and Amaya in Merger Talks but Analysts Say it Could be a Long Shot

October 10th, 2016 | by Brian Corlisse
William Hill and PokerStars could be set to merge if the former can agree a deal with Canada’s Amaya Gaming. William Hill is one of the largest sports betting companies in Europe and in the last few days it’s emerged...
Barry Shulman to Auction off His $8 Million Vegas Pad
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Barry Shulman to Auction off His $8 Million Vegas Pad

October 5th, 2016 | by Kaycee James
The owner of Card Player Magazine, Barry Shulman, is putting his $8 million Las Vegas penthouse up for auction, but he’s unlikely to recoup his stake. The company in charge of selling the three-story property on October 18,...
Full Flush Poker Players Scramble, as Site Appears to Shut Down
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Full Flush Poker Players Scramble, as Site Appears to Shut Down

October 4th, 2016 | by Greg Shaun
Has Full Flush Poker closed its virtual doors? Or is it all just a temporary shutdown? These are the questions on many online poker players’ minds this week, when the site became inaccessible to customers. According to...
Delaware Online Poker And iGaming Show Strong Growth Streaks In July
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Delaware Online Poker And iGaming Show Strong Growth Streaks In July

September 7th, 2016 | by Kaycee James
Delaware online poker continued strong growth in July and even managed to post record profits for the month. Summer is often a time when online bettors step out into the sunlight and do something else with their spare time. This...
New Jersey Online Gambling Revenue Hits New High
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New Jersey Online Gambling Revenue Hits New High

August 17th, 2016 | by Kaycee James
New Jersey’s online gambling industry reached new heights in July according to the latest revenue report from state’s Division of Gaming Enforcement. Released on August 12, the new figures show that July’s...
High Stakes Poker Player Andy Beal Becomes Trump Advisor
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High Stakes Poker Player Andy Beal Becomes Trump Advisor

August 8th, 2016 | by Brian Corlisse
Andy Beal, the billionaire businessman and poker enthusiast, is part of Donald Trump’s new economic advisory team. Beal will be best known to poker fans as the man who took on a collective of high stakes poker pros (known...
Chinese Consortium Nabs Caesars’ Playtika in $4.4 Billion Deal
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Chinese Consortium Nabs Caesars’ Playtika in $4.4 Billion Deal

August 1st, 2016 | by Brian Corlisse
The social gaming arm of Caesars Interactive Entertainment (CIE), Playtika, has been purchased by a Chinese consortium for $4.4 billion. CIE is owned by Caesars Acquisition Co and Caesars Entertainment Corp. and currently offers...
New Jersey Online Poker Solid As UK Liquidity Share Pushed
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New Jersey Online Poker Solid As UK Liquidity Share Pushed

July 14th, 2016 | by Brian Corlisse
New Jersey online poker is in a healthy state as gambling sites recorded a growth in revenue. Licensed sites showed overall gaming revenue of $16.4 million for June, a 40 percent jump on the same time last year. While many sites...
Normandie Casino Card Club Closing After 69 Iconic Years Due to Money Laundering
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Normandie Casino Card Club Closing After 69 Iconic Years Due to Money Laundering

May 24th, 2016 | by Brian Corlisse
The Normandie Casino in Gardena, California, will close its doors in the coming months almost 70 years after it first opened. On April 24, 2016, the California Gambling Control Commission (CGCC) ordered the revocation of...
Pennsylvania Budget Shortfall Considers Online Poker as a Possible Solution
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Pennsylvania Budget Shortfall Considers Online Poker as a Possible Solution

May 19th, 2016 | by Jason Reynolds
The Pennsylvania budget for the 2016-2017 fiscal operating year proposed by Governor Tom Wolf (D) comes in at $33.3 billion, which is $3.3 billion, or 11 percent higher, than the current allocation. To make up for the gap, Wolf...