Stars: deal will let us back in the US
Industry
PokerStars has said that today’s US DOJ-approved civil settlement to acquire the assets and liabilities of ex-rival Full Tilt will allow it to apply for licensing in a future regulated ...
Stars acquires Full Tilt in $731m civil settlement deal
Industry
PokerStars has settled its civil suit with the US DOJ by agreeing a deal to acquire the assets of Full Tilt Poker (FTP) for US$547m and providing for the repayment of US$184m to non-US ...
UK faces legal challenge over new POC tax
Industry
The UK is facing potential legal action from Gibraltar-licensed online gambling businesses over its proposal to introduce a point-of-consumption (POC) tax for online gambling next year.
William ...
French poker decline continues
Industry
France’s regulated online poker market continued to contract last quarter, as licensed operators’ revenue in the three months to the end of June fell 11% year-on-year to €70m ...
Ladbrokes fires product chief
Industry
Ladbrokes has fired product director Richard Ames ahead of unveiling its worst set of online results in nearly a decade on Thursday.
The UK’s second largest bookmaker had already ...
Mobile drives stellar online growth for William Hill
Industry
Explosive growth of the mobile channel drove an “outstanding” first half online performance for William Hill, with net revenue up 30% and operating profit by 23%.
CEO Ralph Topping ...
Paddy Power found suitable for licensing in Nevada
Industry
Irish bookie Paddy Power took a pivotal first step towards establishing a US business yesterday when was it was granted a finding of suitability to operate in Nevada by gaming regulators.
The ...
Social gaming regulation in UK “odds-on”, Hill’s chief says
Industry
William Hill CEO Ralph Topping continued to agitate for social gaming regulation in the UK this morning, saying the Gambling Commission was “odds-on” to act in the next two years.
In ...
888Poker revenue up 70%
Industry
888′s revamped poker continued to buck the challenging European environment in the last quarter, helping the operator deliver a 72% increase in poker revenue in the six months ...
Zynga to launch real-money games in 2013
Industry
Social gaming giant Zynga is to launch its first real-money gambling games in the first half of 2013, the company announced in its second quarter earnings call yesterday.
Mark Pincus, ...
Schleswig-Holstein to join Interstate Treaty
Industry
The breakaway German federal state of Schleswig-Holstein is to abolish its own gambling law and join the new Interstate Gambling Treaty recently ratified by the other 15 Länder, it ...
Paddy Power forces retreat from LOCOG over poster ban
Industry
Paddy Power has forced the organisers of London 2012 into an embarrassing U-turn over moves to have the bookmaker’s latest billboard campaign removed.
The bookmaker announced yesterday ...
Playtech misses out on OPAP deal
Industry
Playtech has lost out on the potentially lucrative contract to supply online gambling products to Europe’s biggest betting company.
Greek sports betting monopoly OPAP, 34% owned by ...
32Red marks first decade with free gift giveaway
Industry
Tomorrow sees award-winning online casino 32Red mark its first ten years in business.
To celebrate, the Microgaming-powered online casino is giving away a free gift to every one of ...
Paddy Power to take London 2012 organisers to court
Industry
Irish betting giant Paddy Power is taking the organisers of the 2012 Olympic Games to court in a bid to prevent its latest billboard campaign across London being taken down.
The campaign, ...
