Poker Business

Here you will find stories about the poker industry. From stories about the companies in the gaming business, to industry insider dirt, this is the place for all the news stories relating to the online poker business.

• Jamie Gold, Aced.com Part Ways

  May 04, 2009,

  A much-ballyhooed but non-specific eight-figure endorsement deal between 2006 WSOP Main Event Champion Jamie Gold and fledging online poker site...

   

• PartyGaming's Mitch Garber Reported to Head Harrah's WSOP Online Operations

  April 15, 2009,

  In September 2007, Mitch Garber told the UK business outlet 'The Financial Times that he was open to being approached by a major player in Las Vegas. At the time, Garber was CEO of PartyGaming and he was speaking on behalf...

   

• PokerRoom.com Shuts Down after Historic Run

  April 15, 2009,

  Yesterday, one of the first-ever online poker rooms, PokerRoom.com, got the virtual wrecking ball. Parent company bwin announced last month that it would be closing down the site for good. Last week, an email...

   

• Poker Business News Briefs: April 4, 2009

  April 04, 2009,

  Shares of MGM Mirage jumped nearly 50% on Friday when it was revealed that private equity firm Colony Capital and Australian-based casino company Crown Ltd might team up to invest in the troubled Las Vegas CityCenter project...

   

• Dubai World Subsidiary Sues MGM Mirage over CityCenter Difficulties

  March 25, 2009,

  It's not shaping up to be a good year for MGM Mirage. Already hurt by the recession and facing possible default on its debt, the casino company is now being sued by its CityCenter partner, Dubai World...

   

• Carl Icahn to Bid on Atlantic City Tropicana

  March 20, 2009,

  This week, a group including billionaire Carl Icahn filed a petition with the New Jersey Casino Control Commission disclosing its plan to bid for the Tropicana Casino and Resort in Atlantic City. The owners of the Tropicana...

   

• PartyGaming Reports 2008 Revenue Uptick, Eyes U.S.

  March 12, 2009,

  PartyGaming Plc reported its online gaming net revenues were up 3% for the full year of 2008 compared to the previous year. All segments of the company's business saw revenue growth, with the exception of poker, which saw...

   

• Cheaper Rooms for the WSOP? Thank Sin City's Reputation

  March 10, 2009,

  Poker players heading out to the 2009 WSOP this year were already slated to find cheaper accommodations. With consumers cutting back on discretionary travel, specials on Las Vegas hotel room packages have been flooding email...

   

• MGM Warns It May Default on Debt, Bankruptcy Possible

  March 04, 2009,

  In recent days, investors sensed there was a possible problem at MGM Mirage. Its fourth quarter earnings report was long overdue; in fact, the release hadn't even been scheduled. And last week, the casino operator announced...

   

• Trump Entertainment Returns to Bankruptcy Protection

  February 20, 2009,

  Last week, Trump Entertainment Resorts filed under Chapter 11, marking the third time the casino operator has sought bankruptcy protection. The filing had been anticipated since the company missed a $53.1 bond payment...

   

• A Flurry of Online Poker Sponsorship Signings

  February 19, 2009,

  Poker sponsorship is alive and well, with a half dozen major new player signings highlighting the latest news from the online poker world. Danish poker pro Peter "Zupp" Jepsen has become the fourth player to sign...

   

• World Poker Tour's Fourth Quarter Losses Mount

  February 18, 2009,

  This week, World Poker Tour Enterprises (WPTE) reported higher losses in the final quarter of 2008. The producer of televised poker tournaments reported a net loss of $3.3 million for the fourth quarter of 2008...

   

• PokerStars Absorbs Subscription-based Fleet Street Games Player Base

  February 15, 2009,

  Online poker giant PokerStars has stepped in to rescue Fleet Street Games (FSG), one of a growing handful of online sites offering a subscription-fee approach to playing the game online. The global economic downturn...

   

• Las Vegas Sands Reports Fourth-Quarter Loss

  February 15, 2009,

  Considering the brutal environment for the casino industry, the Las Vegas Sands Corporation's marginal fourth-quarter loss was not as bad some investors feared. The casino operator reported an adjusted fourth-quarter loss...

   

• PokerIcons Merges with Vegas Group to Form 'Super Agency', Signs Helppi

  February 13, 2009,

  The prominent European poker agency PokerIcons Ltd. this week announced it had merged with the Swedish agency Vegas Group AB to form a new 'super agency' to represent professional poker players worldwide...

   

• Station Casinos Seeks Approval for Restructuring and Bankruptcy Protection

  February 11, 2009,

  Last week, Station Casinos announced a restructuring plan that, if approved, would see the company file for bankruptcy protection early next month. Station primarily caters to the Las Vegas locals market and was especially...

   

• Ladbrokes Jumps to Microgaming Network

  February 10, 2009,

  The European online poker market will see a major shift in player alliances with today's announcement of Ladbrokes moving to the Microgaming Network. The move, effective immediately, adds Ladbrokes' considerable...

   

• Playtech Announces Record Revenues

  January 29, 2009,

  While most companies are reporting lackluster revenues as a result of the global economic slowdown, gaming software developer Playtech bucked the trend. Last week, the company released its fourth-quarter '2008 Key Performance...

   

• Full Tilt Signs Swedish Star Tureniec

  January 29, 2009,

  The impressive lineup of Full Tilt-sponsored poker pros has grown by one with the signing of Sweden's Michael Tureniec, an emerging force in European events who...

   

• PartyGaming Managing Director John O'Malia Resigns

  January 19, 2009,

  Less than a year after his promotion to the new position of PartyGaming Managing Director, John O'Malia has given his notice in order to pursue other business interests. O'Malia will remain with the company until the end...

   

Prev Next  

123456789