Tag: Poker Business

888 Holdings Announces Fall in Profits Due to UK PoC Tax and New VAT Rules

According to 888Holdings, PoC Tax in the UK and EU's VAT rules have cost the online site millions in missed revenue.

Inside Gaming: DraftKings Opens NFL Fantasy Lounges, Poker Asia Pacific Sold & More

In this week's Inside Gaming, we take a look at DraftKing's Fantasy Lounges in three NFL stadiums, the sale of Poker Asia Pacific, and more.

Highs, Lows, and Back Again, Pt. 2: The Right Deal and Working Hard To Succeed

Part 2 of our exclusive interview with Daniel Carter looks at his return to form in the online poker world, his plans for the future and more.

Unibet Acquires iGame For a Minimum of €59 Million

Unibet Group signs an agreement to acquire 100 percent shares of iGame Holding and its subsidiaries for a minimum of €59 million.

Europe in Pills: PokerStars Goes Irish, Unibet Poker Reports Record Growth & More

Unibet Poker shows encouraging signs of growth helping helps the Unibet Group to report an all-time revenue high.

GVC Raises the Stakes for Second Time with $1.6 Billion Bid for Bwin.Party

With the new $1.6 billion offer for bwin.party, GVC expects the negotiations to conclude "within the next 5 to 10 business days."

Optimal Payments Receives FCA Approval to Buy Skrill for $1.2 Billion

After the go ahead from the UK's Financial Conduct Authority, Optimal Payments can finalize the acquisition of the popular online payment service Skrill.

Malta’s Former Prime Minister’s Son Named in Mafia and Gambling Investigation

The name of Malta's former Prime Minister's Lawrence Gonzi son, David Gonzi has been formally included in the gambling-related investigation started by Italy's Anti-Mafia Police.

bwin.party Ready to Drop 888 Holdings, Unveils Big Plans in Italy

According to one of bwin.party's major shareholders, the offer from GVC "was just enough to start a conversation."

Table Selection No Longer Possible in Full Tilt Ring Games

Full Tilt institutes a number of changes to attract recreational players including automated seat selection and the removal of heads-up games.

Sweden’s Svenska Spel Revenues Decline Due to Increases in Unregulated Gaming

Sweden's state-owned online gaming operator Svenska Spel revenue declines, blaming "uncontrolled" gaming operators.

GVC Holding Drops Amaya and Places $1.55 Billion Bid to Buy bwin.party

The battle over the future of the bwin.party Group is not over yet, as GVC Holdings Plc jumped back into the game by raising the stakes with a £1-billion offer.

UK & Ireland PokerNews Round-Up: Players Hitting Form After the WSOP

The UK & Ireland PokerNews Round-Up features Daniel Carter and Tomas Gelziunas' amazing run of form and much more besides.

Ladbrokes and Gala Coral Agree on $3.4B Merger Deal to Create U.K.’s Biggest Boomaker

British betting and gaming company Ladbrokes plc has agreed on a merger deal with its former rival Gala Coral to create Britain's biggest sportsbook.

Playboy Poker To Shut Down on July 27: Here's What You Need to Know

Nearly two years after its re-launch, Playboy Poker is set to go offline again, as representatives from the site announced that the poker room will cease to operate from Monday, July 27.

888-bwin.party Deal: GVC Wants Back in the Game, Prepares Counter Offer

The bidding war to take control of the bwin.party Group might not be over yet, as GVC Holdings is reportedly evaluating the possibility to make a new offer.

888 Holdings to Buy bwin.party for $1.4 Billion

After months of hard negotiations, 888 Holdings acquires bwin.party Group for $1.4 billion.

bwin.party Announces “Positive Performance," Keeps The Door Open to 888 Holdings

If GVC and Amaya buy bwin.party, 888 Holdings risks becoming the next takeover target in the online gaming industry.

Full Tilt Managing Director Dominic Mansour: "The Poker Economy Is Broken"

Full Tilt announces big changes to "bring the fun back to online poker" and attract more casual players. Managing Director Dominic Mansour explains.

Global Poker Index Parent Company Raises $4.9 Million to Keep 'Sportifying Poker'

Mediarex Sports & Entertainment, parent company of the Global Poker Index, announced that they have received $4.9 million in funding from private investors.