Latest Business & Industry Poker News

Poker Business & Industry

Latest News

PokerStars' Poker Revenues Plummeting

In Q1 of 2016, Stars’ Revenue from poker games was 11% lower than during the first quarter of 2015. Amaya attributed some of this change to currency exchange rate fluctuations.

Is the WSOP for Sale?

The companies responsible for the WSOP have been in deep financial trouble. It appears as though undisclosed sources have made bids for a portion of their holdings, possibly those that include the WSOP.

Senator Says Michigan Will Pass Poker Bill this Year

Michigan could join its counterparts Nevada, New Jersey and Delaware this year in offering legalized online poker according to the man who introduced the bill, Republican state Senator Mike Kowall.

Is RAWA Still a Serious Threat to Online Poker?

A strange bit of legislation was recently spotted in a senate appropriations bills that hints at future moves by supporters of RAWA

Paypal Quietly Drops Gambler Protection

Poker and DFS players are among those affected by PayPal’s decision this week to stop offering customer protection on their gambling and gaming transactions.

How Broken is the Poker Economy Really?

Poker journalist Steve Ruddock argues that if we take away the glory years 2004-11, it is clear that the game has never been in better shape.

Is Online Poker Coming to California?

In what looks like a significant breakthrough for US based poker players, this Wednesday saw the successful passage of a political bill through the Assembly Governmental Organisation Committee in California.

Tartanian 8 Creator Thinks Bots Will Beat Pros Within Three Years

There has been quite a stir about the possibility that we are in sight of crossing the point where computers can beat the very best human players in a game of heads up No Limit Holdem.

Jeremy Johnson, Black Friday Defendant, Faces Up To 30 Years In Jail

In what must have been one of the biggest ever trials of its kind, Johnson found himself accused of crimes such as money laundering, wire fraud, bank fraud, and conspiracy.

America's Card Room Gives Their Response Following Tournament Catastrophy

​Earlier this month the poker community was hit by more controversy over at America's Card Room during the latest run of their $35,000 guaranteed PLO Sunday Special tournament.

Poker Gives Traders An Edge

US trading companies like Susquehanna International Group advise new employers to take on poker to improve their work.

PokerStars Raises The Price

No, Supernova isn’t dead quite yet and neither are the VIP levels. This time, it's the rake that is going to be ‘revised’.

Amaya CEO, David Baazov, Accused of Insider Trading

After a two year investigation, charges have finally been filed against David Baazov and other members of Amya Inc. for alleged insider trading in regard to the purchase of PokerStars and Full Tilt two years ago.

Amaya Earnings Call - Pokerstars VIP Changes Boost Revenue

On a conference call yesterday, CEO David Baazov and CFO Daniel Sebag revelead some interesting facts about Amaya Inc and Pokerstars.

The Return Of The Ultimate Bet Executives

The topics involve certain companies and individuals linked with the Ultimate Bet scandal which shocked the online world eight plus years ago. Companies like iovation and individuals like Jim Ryan, Uri Kozai and Greg Pierson.