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Grey Monday: Ontario Poker Players To Find Themselves Excluded From Global Pool
There’s plenty of excitement surrounding the launch of Ontario’s privatized online gambling market. Not everyone is going to be ecstatic, however. In particular, Ontario poker players will find themselves swimming in a much smaller pond. On Friday, the province revealed the launch date for its new market, Apr 4. On that date, companies without an […]
Hard Rock Partners With PokerStars Execs; Preparing For Online Sports Betting
Hard Rock International has put their chips forward, going all-in on the sports betting and digital gaming market. A joint venture with Seminole Gaming will help launch Hard Rock Digital in 2021. Hard Rock Digital intends to join online betting markets and bring innovative technology to the industry. Seminole Gaming owns six luxury casinos within […]
US Online Casino And Poker Revenue Surged In May
The COVID-19 pandemic forced retail casinos nationwide to keep their doors closed throughout May 2020. Online casino and poker revenues, however, continued to climb. New Jersey, Pennsylvania, and Delaware all realized all-time records in monthly revenue in May. Online poker revenues stayed strong as well, as poker players in the US turned to state-regulated platforms […]
PokerStars Founder Isai Scheinberg Surrenders To Feds In New York
Prosecutors in New York finally have their hands on Isai Scheinberg. As Forbes first reported, the founder of PokerStars surrendered to federal authorities upon entering the country from Switzerland a week ago Friday. Scheinberg, 73, stands charged with a number of gambling and financial crimes including money laundering and bank fraud. The defendant pleaded not guilty in […]
Is WSOP.com On The Cusp Of A Three-State Online Poker Network? It Might Need To Be
Interstate poker is Bill Rini’s bogeyman. Rini oversees WSOP NJ and WSOP Nevada, which operate separately in two states with legal US online poker. And he just wants his customers to be allowed to play together. They’re currently cut off from each other, though, ring-fenced within their own markets. Players can only compete against other players in […]
The Rapid Decline Of Cash Game Traffic On PokerStars: Cause For Concern Or Expected Outcome?
Over the past several years, ring games on PokerStars have dried up at an increasingly rapid pace. The latest data from Poker Industry Pro (paywall) via online poker trafficking site PokerScout.com, shows that 7-day average cash game traffic on the world’s largest dot-com network has plummeted to a nearly nine year low of approximately 11,500 players, representing […]
PokerStars Secures Motion To Dismiss In Long-Running Illinois Loss Recovery Case
PokerStars appears to have laid to rest a long-running legal dispute in Illinois after Judge David R. Herndon granted the company’s motion to dismiss a second amended complaint filed by Kelly Sonnenberg and Casey Sonnenberg. Herndon simultaneously dismissed a companion claim brought by separate defendants against Full Tilt. “This is a significant win for PokerStars,” stated lead […]
PokerStars Purchase of Full Tilt Confirmed By Multiple Sources
WickedChops rarely goes with something definitive unless it’s definitive: Posted early this morning but independently confirmed Stars acquiring Tilt a done deal: http://insider.wickedchopspoker.com/566/the-latest-on-the-pokerstars-and-full-tilt-poker-acquisition/Still plenty of details to come Same goes for PokerFuse, who were pretty definitive yesterday when they broke the story: PokerStars has reached a settlement with the US Department of Justice, pokerfuse can […]
PokerStars Buys Full Tilt Poker … Say What?
That’s the word from reputable sources this afternoon. The tl;dr: GBT didn’t have enough money to take on Full Tilt, so the DOJ nixed their deal. PokerStars, who has plenty of money, stepped in. More from PokerFuse: Until now, French investment group Group Bernard Tapie were known to be in late-stage talks. According to sources […]