Category: Poker News and Features
Nevada Poker Finally On The Upswing
Card Player – Nevada casinos had a very strong calendar year in terms of gaming revenue, or the amount won off of gamblers. According to a 2013 revenue report released Friday, Silver State casinos raked in $11.14 billion — a 2.6-percent increase over 2012. A total of 339 properties statewide generated the 11-figure sum. The performance was the fourth year in a row gaming revenues climbed statewide. Despite the success on the gaming floor, the casino industry recently reported a net loss of $1.35 billion for fiscal year 2013. That was up from fiscal year 2012. Even though it’s just…
Online Poker Cheats Could Get Prison in UK
Poker News – Poker players found guilty of cheating at online tables might soon risk being sentenced with up to 10 years of imprisonment according amendments being discussed at the House of Lords. As reported by The Telegraph, the amendments have been presented by former sports minister Lord Moynihan, twice Chairman of the British Olympic Association and British coxswain Olympic silver medalist at Moscow games in 1980. Based on the laws passed one year ago by the Australian state of Victoria, which seem to have given a significant contribution in fighting against corruption in sports, the amendments are intended to…
New Updates Regarding Full Tilt Repayments
Poker News – Late last week, the Garden City Group, the firm responsible for overseeing the repayment of money owed to Full Tilt Poker players in the U.S., posted two new announcements on its website regarding the remission process. The GCG announced last month that approximately $82 million in Full Tilt Poker funds is expected to be returned to petitioners by the end of March. However, some may not see any of the money hit their bank account at all. The first update posted on the GCG website on Friday update regarded customers eligible for a refund who have a…
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Australian gaming companies seek $1 billion repayment
iGaming Business – Australian gaming companies Tabcorp and Tatts are seeking repayments of more than AUS$1 billion (€651.6 million/US$880.4 million) from the Victorian Government after changes were made to poker machine regulations. According to ABC Australian, the Supreme Court in Melbourne heard that Tabcorp is suing for nearly $700 million plus interest after claiming it as entitled to a payment when its poker machine licences expired in 2012. The Tatts Group is said to be seeking about $500 million from the Government in the Australian state of Victoria. The two companies held a duopoly to operate 27,000 gaming machines outside…
Conference To Focus on California Online Poker
Online poker in California most likely isn’t coming this year, but that won’t stop some of the industry’s leading figures from discussing its future in the Golden State. The inaugural iGaming Legislative Symposium, to be held Feb. 27, 2014 in Sacramento, will “identify the critical issues regarding the legalization of online gaming in California, and explore possible solutions and success scenarios that are applicable to jurisdictions nationwide,” according to a press release. California is the nation’s most populous state. It also has the largest tribal casino industry out of any in the country. The announcement added that the symposium will…
















