Category: Online Gambling Stories
PokerStars Still Wants to Buy Land Based Casino
The British parent company of the PokerStars website says it still wants to buy an Atlantic City casino, even though a deal to obtain it fell through on Wednesday. The Rational Group said Thursday night it wants to try to save its deal to purchase The Atlantic Club Casino Hotel. The casino said Wednesday the purchase deal was dead, but declined to say why. Eric Hollreiser, a spokesman for the Isle Of Man-based company, said it had expected the closing deadline for the sale to be extended. “Several days ago the Rational Group received a purported notice of termination of…
Delaware awards online gaming contract
From iGamingBusiness Three months after issuing a request for proposals for the provision of online gambling services, the small eastern American state of Delaware has selected a joint offer from Scientific Games Corporation, 888 Holdings and Williams Interactive LLC. Delaware received 14 bids from groups interested in serving as the ‘primary vendor’ to the Delaware State Lottery of online gaming systems and services including games such as keno, bingo and poker alongside other table and video lottery games and intends to launch its iGaming enterprise before the end of the year. The request for proposals also included the provision to…
MGM Assessing Costs of Online Poker in Nevada
MGM Resorts International CFO Dan D’Arrigo said the company was still deciding whether or not to launch online poker in Nevada and the state may be too small to provide a lucrative online market on a standalone basis. “We have to make an assessment on the cost to operate that space. We haven’t ruled it out, but we haven’t given it a green light either,” said D’Arrigo in an interview on Thursday. “We’re not going to be the first or a pioneer from the state’s perspective.” Nevada, which legalized online poker in Nevada back in February, became the first state…
Unibet continues to break records
From iGaming Business After reporting record fourth-quarter financial results in February, Malta-based online gambling operator Unibet Group has now announced that the first three months of 2013 saw it increase gross winning revenues by 16 percent year-on-year to £59.3 million. Unibet revealed that its interim financial results for the first quarter of 2013 also show that it boosted its earnings before interest, tax, depreciation and amortisation by 11.7 percent year-on-year to £17.1 million while its operational profit rose some 7.7 percent when compared with the same period in 2012 to reach £12.5 million. Continuing the good news, Unibet stated that…
Zynga turnaround may depend on Online Gambling
From USA Today SAN FRANCISCO — Zynga CEO Mark Pincus may have an ace up his sleeve after all to save the troubled social games company he founded. UltimatePoker.com on Tuesday delivered Nevada residents a first taste of real-money Internet gambling, a move that could soon be dealt up by Zynga — not to mention others in high-tech, such as payment-processors like PayPal. “It’s a significant opportunity for Zynga,” IDC analyst Lewis Ward says of the company’s online gambling prospects. Billions of dollars could be in the offing after Ultimate Gaming, a Las Vegas-based casino operation, launches the first fully…
Ultimate Poker adds to Pro Roster
A trio of well-established poker pros each announced new sponsorship deals Friday with Nevada based online poker site Ultimate Poker. Jonathan Little, two-time WPT Champion and author of the popular Secrets of Professional Tournament Poker series, announced via Twitter that he “signed with @ultimatepoker and will now be representing them + playing a ton on the site.” At the same time former Full Tilt Red Pro and PokerStars “Big Game” standout William Reynolds wrote that he “Toured @UltimatePoker’s office today..Professional environment with an expert team.. Looking forward to repping UP this WSOP” Finally, bracelet winner Jason Somerville,posted a photo of…

















