» Poker Industry / Law News – Current Market Updates

Spain has delayed opening up its online poker market for several months, with the latest fly in the ointment coming after the government announced that many of the companies who had applied for operating licences would now be required to pay millions of euros in... 

Faced with the prospect of tax increases and cuts to public services, Senate leader Darrell Steinberg and California Senator Roderick Wright have co-authored an online poker bill which could help raise up to $200 million each year for the cash-strapped state. Highlighting... 

In accordance with its Gambling Act, at the beginning of January the Belgian Gaming Commission approved three sites for online poker and instructed the country’s four largest Internet service providers to block access to all other unauthorized sites. In order... 

The newly regulated online poker market in Spain is due to start operations on June 1st, with many big name companies expected to receive their licences by the end of this month. These companies include PokerStars, 888, Ladbrokes and bwin.party, but their interests... 

The American Gaming Association (AGA) has just released its annual report for 2011, revealing a 3% increase in revenue to $35.6 billion for the country’s 492 non-Indian casinos. In total, 339,000 people were employed within the industry down less than 0.5%... 

This week, Lock Poker signalled it’s intention to expand operations after announcing  it was to leave the Merge Gaming Network and acquire the assets of the Cake Poker Network in order to launch its own network called Revolution Gaming on June 1st. The move... 

This month, Poker Table Ratings (PTR) received a “Cease and Desist” letter from PokerStars concerned that the data mining site was contravening their Terms and Conditions. Although PokerStars allows a whole list of HUDs and tracking software to be used on their... 

A few days ago, news that the $80 million deal to purchase Full Tilt Poker by Groupe Bernard Tapei (GBT) had fallen through was immediately followed by the startling revelation that PokerStars had now stepped into the frame and was negotiating with the US Department... 

Following news that the US Department of Justice (DoJ) and Groupe Bernard Tapie (GBT) have now terminated negotiations regarding Full Tilt Poker, rumours have started circulating that PokerStars has now stepped into the frame as a potential buyer. One of the factors... 

A few months after Full Tilt Poker had its US and then global operation suspended, French investment company Groupe Bernard Tapie (GBT) arrived on the scene as a possible saviour of the beleaguered poker room and its army of frustrated customers. That was in October...