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Archive for 2012

Top Poker Tweets Of The Week
Written by kaus | Sunday, December 30th, 2012

Here are a selection of some of the top tweets coming from the poker community this week: Daniel Negreanu “Poker has fallen on rough times recently. I predict a bounce back year for the game with negative headlines switching to triumphant ones.” Gus... 

Is The Online Poker Gold Rush Over?
Written by kaus | Sunday, December 30th, 2012

According to an article by the Financial Mail today, experts are divided about the future prospects of the online poker industry going into 2013. Apparently, all the major UK gambling companies met up last week, a list which includes such businesses as Ladbrokes,... 

Revel Casino Borrowing $150m “An Act Of Desperation”
Written by kaus | Saturday, December 29th, 2012

According to a source for the New York Post, investors in Atlantic City’s Revel casino have loaned the business a further $150 million in funding as they seek to keep their $1 billion investment in the $2.4 million project afloat. The same source apparently described... 

Turkey Shuts Down Online Gambling Websites
Written by kaus | Friday, December 28th, 2012

The Turkish government has announced it intends to sell its only legal sports betting organization called Spor Toto as part of a privatization bid expected to raise in excess of $10 billion. The business has generated $24 billion of revenue over the past eight... 

MyPokerSquad Signs Noah Boeken
Written by kaus | Friday, December 28th, 2012

MyPokerSquad has just announced that Dutch player Noah Boeken has become the latest pro to join the swelling ranks of the revolutionary staking website. Backers will now be able to own a piece of Boeken’s tournament poker action starting with the PokerStars... 

Casino Queen Bought By Employees For $170m
Written by kaus | Friday, December 28th, 2012

In what is believed a first of its kind in the USA, the Casino Queen in East St. Louis has been bought for $170 million by 700 of its employees as part of an employee stock ownership plan (ESOP). The ESOP will now be managed by co-trustees Chief Financial Officer... 

PokerStars Moves Into Land-Based Casinos
Written by kaus | Thursday, December 27th, 2012

Recently it was announced that PokerStars was looking into buying the Atlantic Club casino in Atlantic City. This, however, was not the first time that the world’s largest online poker site has moved into brick and mortar gambling venues. In October, for... 

Australian Online Gambling On The Rise
Written by kaus | Thursday, December 27th, 2012

Australian’s enjoy a flutter but their gambling spend seems to be diminishing over recent years and in 2012 fell to $16.9 billion compared to $20 billion in 2010. However, whereas land-based casinos have been losing custom, Australia has seen a rise in its... 

Joe Sebok Shifts From Poker To Grapes
Written by kaus | Thursday, December 27th, 2012

Joe Sebok carved out a good career for himself as a poker pro and managed to accumulate $1,896,955 in tournament winnings since 2005. In addition, he set up the highly successful poker multi-media outlet PokerRoad.com along with his stepfather Barry Greenstein However,... 

Xmas Poker Tweets From The Pros
Written by kaus | Wednesday, December 26th, 2012

Here is a selection of some of the Xmas poker tweets coming from the pros over the festive period: Phil Ivey “Happy holidays to all of the #TeamIvey fans around the world. Hope it’s great (photo)” Daniel Negreanu “So does anyone go out...