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  • Poker News Business Briefs: December 28, 2008

    Sunday, December 28, 2008, Haley Hintze
    Playtech Announces Live-Cash Play on Italian Poker Network The number of sites licensed to offer poker to residents of Italy now includes four sites of using Playtech network's software. The member sites approved are Snai s.r.l., Eurobet I...more

  • Harrah's Successfully Refinances Short-Term Debt

    Wednesday, December 10, 2008, Amy Calistri
    Since going private in a deal finalized early last year, the balance sheet for casino operator Harrah's Entertainment has been hampered with high-interest expense associated with the cost of its buyout. But over the last few weeks, Harrah's...more

  • 60 Minutes Online Poker Segment to Air This Sunday

    Tuesday, November 25, 2008, PokerNews Staff
    According to the CBS News website, the long awaited "60 Minutes" segment on online poker cheating will air this Sunday, November 30th. An e-mail to the "60 Minutes" subscriber base has also confirmed this information. The segment is title...more

  • PartyGaming Revenue Declines in Q3 Report

    Monday, November 24, 2008, Haley Hintze
    The latest quarterly earnings report from PartyGaming showed slightly down numbers compared to a year prior, with a setback in poker earnings the primary culprit for the online giant. In its recently released numbers for the third quarter...more

  • Poker News Bytes: November 20th, 2008

    Thursday, November 20, 2008, Haley Hintze
    iMEGA Files Response Brief in UIGEA Appeal The Interactive Media Entertainment & Gaming Association (iMEGA) has filed its own response to that of US federal attorneys in iMEGA v. Keisler, et al., iMEGA's ongoing challenge to the US's Unla...more

  • Clonie Gowen Files Lawsuit Against Full Tilt Poker

    Saturday, November 15, 2008, John Caldwell
    According to Nevada court records, Cycalona 'Clonie' Gowen has filed a lawsuit against Tiltware, LLC. Full Tilt Poker, and many of the famous faces you see on Full Tilt advertisements. Named in the suit personally are 'Team Full Tilt' membe...more

  • WPTE Posts Third-Quarter Losses, Looks to Future

    Monday, November 10, 2008, Amy Calistri
    While World Poker Tour Enterprises received good news this week with the signing of a sponsorship deal with Full Tilt, the company's own streak of losses continued in the third quarter according to recently released results. The television ...more

  • Harrah's Earnings: Results Down, But Online-Poker Optimism

    Sunday, November 9, 2008, Amy Calistri
    Just prior to the resumption of the World Series of Poker Main Event, Harrah's Entertainment announced that it had posted a loss of $129.7 million for its third quarter. Only a year earlier, Harrah's Entertainment's third quarter was flush ...more

  • Compensation Resumes in UltimateBet Scandal as Legal Agreement Reached

    Wednesday, November 5, 2008, Haley Hintze
    The Kahnawake Gaming Commission released a summary statement on Wednesday confirming a legal settlement reached earlier this week between Excapsa, the group holding original ownership of the UltimateBet online poker site, and Blast Off Limi...more

  • Poker Business News, October 24th

    Friday, October 24, 2008, Matt Wehner
    WPT Delisting Bought Some Time By Bad Economy The stock markets have been in a state of freefall for the last several weeks, and the World Poker Tour (WPT) appeared as if it could be heading toward being another victim of the economic cris...more