New managing director at Full Tilt Poker

iGaming Business – The Rational Group, PokerStars’ holding company, has announced the appointment of Dominic Mansour as managing director of the Full Tilt Poker brand. Mansour, who will assume his role on April 22, will be responsible for day-to-day operations of the Full Tilt brand and business. Having most recently served as chief executive officer of the UK-based Health Lottery, Mansour has also held various other positions at the likes of GTECH G2, NetPlay TV and Globalcom/WMC UK. “Rational Group has big plans for Full Tilt and I’m excited to lead the charge,” Mansour said. “In addition to continuing to…

Online gambling initiative slams new US legislation

iGaming Business – The Safe and Secure Internet Gambling Initiative, an advocate for online gaming regulation in the US, has hit out at the introduction of new legislation that would ban all forms of internet gambling with the exception of fantasy games and horseracing. iGaming Business, Senators Lindsey Graham and Jason Chaffetz from the Democratic and Republican parties, respectively, are sponsoring legislation in an attempt to ban online gambling in the country. The legislation aims to reverse a decision in 2011 by Attorney General Eric Holder that a 1961 law used to ban online gaming only applied to sports betting….

PKR links up with Income Access

iGaming Business – UK online gaming operator PKR has joined forces with Income Access, a provider of technology and affiliate iGaming management solutions, for the forthcoming re-launch of its affiliate programme. Under the deal, PKR Affiliates will move to the Income Access platform and benefit from recent enhancements to its software functionality. In addition, PKR Affiliates will continue to have access to PKR’s range of games such as 3D poker and 3D versions of other casino games. Members will also be able to promote a sportsbook offering, which will be offered in association with Global Betting Exchange Alderney Limited. “Moving…

888 Holdings Sees 30% Growth In Pre-Tax Profits

Poker News – 888 Holdings, the parent company of 888poker, recently announced record breaking revenue and pre-tax earnings for the financial year ending December 31, 2013. The company’s revenue increased by 7% from $375.8 million in 2012 to $400.5 million in 2013 thanks to a 7% increase in poker revenues ($87.5 million to $93.6 million) and a 15% increase in casino revenues ($165.5 million to $190.4 million). These substantial year-over-year increases more than offset a 16% decline in bingo revenue ($51.8 million to $43.7 million) to achieve record breaking revenue to the company. The company’s profit before tax increased by…

Sports gambling lingo you’ll need to know

CNBC – So you’ve decided to gamble—legally, of course—on sporting events. Good for you. But do you know what a “push” is? A “parlay”? A “dime”? Well, if you don’t, it’s time you learn the lingo of sports betting. Chris Matcovich is senior director of data and communications for TiqIQ, a ticket price aggregator that draws data from such sellers as StubHub, Ticket Network and eBay. He provided CNBC.com with a list of terms that every prospective sports bettor should know. We also spoke with Robert Carter, a sports gambling consultant whose clients refer to him as Incarcerated Bob, even…

Statistics Which Prove that Mobile Casinos are the Future of Gambling

Blackjack Champ – The mobile casino industry continues to grow, as more and more people enjoy playing on their smartphones and tablets. If you’re looking for something to invest your money in, mobile casinos are a safe bet. The future of this ever-growing industry looks bright and the market is expanding. But don’t just take our word for it. All gaming trends point to the same thing: mobile gaming is big and it’s about to become even bigger. Mobile sports betting is already popular in certain European countries, but the gambling industry is expanding not just in Europe, but also…