iGaming Business – Gambling industry entertainment provider Amaya Gaming Group has denied that it is looking to acquire another company following a sharp increase in its share price. According to the Financial Post Canadian newspaper, Amaya shares on the Toronto Stock Exchange jumped 5% on Monday afternoon amid speculation that the Quebec-based firm was considering acquiring another company. The firm moved to quell speculation by issuing a statement that read: “In response to trading activity that may stem from market rumours that have come to the company’s attention regarding a potential strategic acquisition, Amaya stated today that… [it] regularly evaluates…

Boston Herald – Online gaming proponents are vowing to push ahead despite a leading casino industry lobbying group’s withdrawal of support for expanded Internet gambling, which has proved to be a divisive issue among Las Vegas gaming titans. State Treasurer and gubernatorial candidate Steven Grossman said the reversal by the American Gaming Association does not chill his interest in exploring online gaming to boost the state Lottery. “They can have their squabbles out there all they want,” Grossman said. “We’ll continue to move forward … to study this issue and how it can potentially affect us, one way or another….

Courier Mail – Daniel Tzvetkoff, the Queensland business whiz who became an informant and key player in the shutting down of America’s multimillion-dollar online poker industry, could avoid more jail time in the US. Tzvetkoff faced a 75-year sentence in a federal jail when he was arrested in Las Vegas in 2010 for illegally processing more than $US1 billion, but the 31-year-old, along with his parents and mother-in-law, have made a passionate plea to a New York judge ahead of his sentencing. Tzvetkoff, who handed over more than 90,000 documents to US prosecutors that helped them go after the heads…

Reuters – Greece’s OPAP, one of Europe’s biggest betting firms, plans to launch long-awaited online sports betting before the start of the soccer World Cup in June, its CEO said on Thursday, in a bid to capitalize on the popular event. Greece sold a majority stake in OPAP to Czech-Greek investment fund Emma Delta for 652 million euros ($890 million)last year, marking its first major privatization under its multi-billion international bailout. The new management that took over in October promised to implement the company’s plans to expand into online betting, video lotto and scratch cards. OPAP launched a scratch card…

iGaming Business – The Equity Poker Network has announced that its FullFlushPoker.com flagship online poker room has withdrawn the full suite of online real-money gaming options for players in the regulated US states of New Jersey, Delaware and Nevada. Players in the three regulated markets will be notified of the change in policy and have their accounts closed. Players with existing Full Flush Poker accounts in the three states will be able to access their accounts to close out their balance. FullFlushPoker.com said it would work quickly with players to return their funds. The decision became effective on May 22. In…

iGaming Business – Online poker would generate $800 million (€587 million) and create more than 2,000 jobs for the Californian economy by the end of the decade, according to a new report released by Capitol Matrix Consulting. The study found legalising Internet poker in California would result in $1.91 billion in economic output, $845 million in additional state revenue, and 2,657 jobs over the first five years. As reported by iGaming Business, two new bills seeking to regulate online poker in the US state have recently been introduced in an effort to make California only the third state in the…