When Alan Meltzer passed away last October, he left behind $1 million in his will to his chauffeur and another $500,000 to the doorman of his building. An entrepreneurial success story, Meltzer built his fortune in the music business and gained fame in the poker world when he appeared on Season 5 of High Stakes [...]
FairPlayUSA is a fairly new advocate of regulated online gaming. While not as established as the Poker Players Alliance (PPA), it is still helping to raise awareness of the issue and working toward the goal of legal online poker. The group was created in 2011 as a grassroots campaign to help promote a safe, regulated [...]
After months of negotiations, the sale of Cryptologic has been finalized. The buyer is Amaya Gaming Group at a price of $35.8 million, approximately 55% over the closing price of Cryptologic’s shares on December 14th. Cryptologic Limited was an Ireland-based software service provider that has been in business since 1995. They’ve developed casino and poker [...]
Despite the current ban of internet poker within U.S. borders, several of the nation’s online gambling companies are enjoying a period of relative prosperity.
A recent New York court ruling regarding the ancient Chinese tile-based game of Mah Jong may prove to have positive effects on the potential legalization of online poker. During Criminal Court Judge John H. Wilson’s ruling in People v. Feng, he declared that “the court declines to declare Mah Jong to be a per se [...]
Authors of the most popular poker app, Zynga, have recently confirmed that they intend to move forward with plans to enter the real money online poker market. They are currently in talks with a number of different potential partners to make real money games a reality for Zynga Poker. The current Zynga poker app plays [...]
Complaints are still rolling in to the Alderney Gaming Control Commission (AGCC) by disgruntled former FullTilt Poker players. The AGCC issued a statement to remind players that FullTilt Poker is no longer licensed by their organization, and thus are unable to help mediate disputes or recover any funds owed by the poker site. They will [...]
In what appears to be an attempt to avoid more fallout of Black Friday, the Yatahay poker network has rebranded as the Winning Poker network. They are just one network of many to conduct a rebranding of this sort. Bodog recently rebranded to the name Bovada for U.S. players, while the Action Poker Network rebranded [...]
Social media giant Facebook may soon change the face of the online poker industry. In 2011 they changed their advertising policies to allow online gambling companies to advertise in certain jurisdictions where online gaming is regulated. Rumor has it that they are now also seeking to cash in on the market in even more ways, [...]
With the recent developments of the Department of Justice’s clarification of the 1961 Wire Act and the pending poker legalization bill by Senator Joe Barton, it appears that the glory days of poker will soon return. But two experts believe that things will be much murkier, and may even get worse from this point onward. [...]
Late last week, the Nevada Gaming Commission officially approved Regulation 5A in a unanimous 4-0 vote. This regulation sets the rules and framework for online poker within the state of Nevada, including licensing requirements. The Las Vegas Review-Journal estimates that “some sites could be up and running by the end of 2012.” Nevada is the [...]