Financial

Whether it is quarterly financial reports, big losses or big gains, you’ll find out the latest financial news for gambling related industries right here. If we think a poker site is going bust, you’ll know about it. And if they are floating stock options, you’ll know it too.

New Partypoker.eu Platform Goes Live in France and Spain

New Partypoker.eu Platform Goes Live in France and Spain

Daniel Smyth - June 4th, 2018

Partypoker has launched its new Franco-Spanish site along with a selection of special reduced rake bounty tournaments. After receiving the go ahead to offer shared games between its dot.es and […]

Spain Online Poker Revenues Spike Under New Shared EU Liquidity Agreement

Spain Online Poker Revenues Spike Under New Shared EU Liquidity Agreement

CardsChat News - June 3rd, 2018

The Spanish online poker market is red hot in the early months of 2018, and a big reason why is the new and growing player pool it shares with other […]

PokerStars Partners with Chinese Hotel Group in Push for Asia Dominance

PokerStars Partners with Chinese Hotel Group in Push for Asia Dominance

Daniel Smyth - May 21st, 2018

PokerStars parent company The Stars Group has inked a deal with International Entertainment Corporation that will see it host a series of branded live events across Asia. News of the […]

Liquidity Sharing Comes at Perfect Time as New Jersey Poker Revenue Falls

Liquidity Sharing Comes at Perfect Time as New Jersey Poker Revenue Falls

Daniel Smyth - May 18th, 2018

Liquidity sharing for New Jersey poker sites has come at the perfect time following a decrease in year-on-year revenue in April. As detailed in the New Jersey Division of Gaming […]

French Online Poker Revenue Growing in Early Days of Shared Liquidity with Spain

French Online Poker Revenue Growing in Early Days of Shared Liquidity with Spain

CardsChat News - May 9th, 2018

The French online gaming market is seeing growth across the board, with gross gaming revenues (GGR) increasing by 28 percent over this time last year. The situation is particularly encouraging […]

Aussie Millions Home Crown Melbourne Fined for Slots Misconduct

Aussie Millions Home Crown Melbourne Fined for Slots Misconduct

Jon Sofen - April 27th, 2018

Crown Melbourne, home of the Aussie Millions, has been fined $225,000 after gaming regulators found evidence that it had altered 17 slot machines. News of the fine comes six months […]

Stars Group to Expand Its Non-Poker Reach by Acquiring Sky Bet for $4.7 Billion

Stars Group to Expand Its Non-Poker Reach by Acquiring Sky Bet for $4.7 Billion

Daniel Smyth - April 23rd, 2018

PokerStars’ parent company The Stars Group is set to buy British betting operator Sky Bet and its sister sites for a reported $4.7 billion. Insiders speaking to the UK’s leading […]

Leon Tsoukernik Files Amended Countersuit Against Matt Kirk Alleging Conspiracy with Aria to Suck Whales Dry

Leon Tsoukernik Files Amended Countersuit Against Matt Kirk Alleging Conspiracy with Aria to Suck Whales Dry

Jon Sofen - April 17th, 2018

Instead of paying Aussie Matt Kirk back the $3 million he borrowed during a 2017 late-night poker session at Aria in Las Vegas, King’s Casino owner Leon Tsoukernik has filed […]

Amaya Inc Founder David Baazov Again Attempts to Have Insider Trading Case Dismissed

Amaya Inc Founder David Baazov Again Attempts to Have Insider Trading Case Dismissed

Jon Sofen - April 17th, 2018

A Canadian court has again temporarily delayed the trial of David Baazov, the former CEO of Amaya Inc., now The Stars Group, while the judge considers defense arguments that procedural […]

Playtech Makes Billion Dollar Bid for Italy’s Largest Gaming Company

Playtech Makes Billion Dollar Bid for Italy’s Largest Gaming Company

Daniel Smyth - April 15th, 2018

British firm Playtech has agreed to a deal with Italy’s largest gaming company in a bid to offset recent losses and increase its presence in regulated markets. Under the terms […]

Las Vegas Poker Revenue Up, with February Cash Games Raking $8.1 Million

Las Vegas Poker Revenue Up, with February Cash Games Raking $8.1 Million

Jon Sofen - April 2nd, 2018

The poker boom may be behind us, but Las Vegas remains a popular place to play cards. During the month of February, Sin City’s poker rooms raked in $8.11 million […]