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Archive for July, 2010

CardRunners Welcomes PLO Pro Andreas “Skjervøy” Torbergsen
Written by M. Rhodes | Friday, July 30th, 2010

Instructional poker site CardRunners hasn’t had the best of times of late, having lost two of its main trainers Brian Townsend and Cole South recently. However, finally the site has some good news to announce after securing the services of a Norweigan pro... 

What’s Next For The US Online Gambling Industry?
Written by B. Solomon | Friday, July 30th, 2010

Following Wednesday’s passing of Rep. Barney Frank’s online gambling bill by the ‘House Committee on Financial Services,’ the question is what happens next in the drive to legalize the online gaming market in the United States. Frank’s... 

PartyGaming And Bwin Form World’s Biggest Online-Gambling Operation
Written by B. Solomon | Thursday, July 29th, 2010

After months of discussions, PartyGaming And Bwin have finally announced their decision to merge their businesses and form the  world’s largest online gambling company. Providing shareholders approve the merger, Bwin will own 51.4% of the new business while... 

PokerStars And Full Tilt Feel The Wrath Of US Lawmakers
Written by B. Solomon | Thursday, July 29th, 2010

Following the historic passing of Rep. Barney Frank’s HR 2267 Internet gambling bill in the House Financial Services Committee yesterday, the world’s two biggest online poker sites were sent a clear and unequivocal message that their time could soon be... 

US Online Poker Bill Passed By Federal Lawmakers
Written by B. Solomon | Thursday, July 29th, 2010

Online poker in the US received a massive boost yesterday, after lawmakers overwhelmingly voted in favour of a bill designed to regulate online gambling. Congressman Barney Frank’s HR2267 bill was debated for hours and received 14 amendments before ‘The... 

Playtech Sees Q2 Results Soar 34% To €44.5m
Written by B. Solomon | Wednesday, July 28th, 2010

Online gaming software company Playtech has just posted its Q2 results, which show gross income at €44.5 million (£37m), up 34% compared to the same period last year. Playtech’s Q2 results also showed a 2% improvement on the Q1 figures, despite poker revenue... 

Europe’s Online Gambling Industry Is The Biggest In The World
Written by B. Solomon | Wednesday, July 28th, 2010

European countries are continuing to embrace online gambling as a much needed source of revenue for their ailing economies. Ironically, Europe has taken a much more practical approach on the divisive subject than the US, whose main objections centre around the... 

Cyprus Government To Ban Online Gambling
Written by B. Solomon | Wednesday, July 28th, 2010

The Cyprus government has just drafted a new bill which is designed to put an end to online gambling on the Eastern Mediterranean island. Since the Betting Law was amended in 2007 to be compliant with EU regulations, Cypriots have been spending around €2.5 billion... 

Poker Prodigy James “Flushy” Dempsey Signs With Full Tilt Poker
Written by M. Rhodes | Tuesday, July 27th, 2010

The UK’s 27 year-old poker prodigy, known as James “Flushy” Dempsey, has just signed a sponsorship deal with Full Tilt Poker to become the latest member of their ever expanding ‘Red Pros’ troupe. The young tournament and MTT specialist... 

2010 Commerce Million Dollar Poker Tournament Won By Richard Bakovic
Written by S. Taylor | Tuesday, July 27th, 2010

Richard Bakovic has just won the ‘Commerce Casino Million Dollar Guaranteed Championship,’ after defeating a field of 3,300 players to take down the title, as well as the $173,500 first place prize. Tournament director Matt Savage, organised the massive...