pokerfuse online poker news
PokerStars has announced the first of four $1 million guaranteed freeroll tournaments as part of its new recreational player focused benefits strategy.
Marketing Insight

Promotions from PokerStars, partypoker, 888 and more.

Paddy Power Betfair, which merged in February, has published the financial results for Paddy Power in 2015 and for Betfair for the third quarter of 2015.
Industry Insight

Amaya, Alibaba, Caesars, Paddy Power Betfair and more.

The first joint results issued since Paddy Power and Betfair merged in February show that both companies experienced strong revenue growth in 2015. Reduced expectations from online poker resulted in action to save costs in both the poker and bingo business verticals.
Paddy Power Betfair Results for 2015 Show Reduced Investment in Poker

Reduced investment in poker coincides with iPoker’s 33% dot-com cash game traffic decline in 2015.

The EU VAT Directive which was introduced on January 1 last year, has resulted in PokerStars France no longer accepting players resident in Austria.
Regulation Insight

EU, Romania, the UK, Germany, Italy and more.

Amaya's Board of Directors has appointed a financial advisor and retained the legal services of Blake, Cassels & Graydon LLP.
Industry Insight

Amaya, Betsson, Caesars, DraftKings, GVC, Mediarex, PKR and more.

The blockbuster story of the week is Amaya CEO David Baazov’s bid to take the company private by offering investors CA$21 per share.
Industry Insight

Amaya, GVC, Paddy Power Betfair, XLMedia, MPN and more.

Dani Stern, Daniel Negreanu, Isaac Haxton and Daniel Dvorass met with Amaya executives yesterday to discuss a resolution to the current player dispute over PokerStars VIP changes.
Industry Insight

GVC/ merger nears, Paddy Power and Betfair gain final approval and more.

Amaya appeals Kentucky ruling. Bloomberg predicts more 2016 industry mergers.
Industry Insight

Amaya, Betfair, Caesars, SkyBet and more in this week’s summary of igaming industry news.

Amaya "vigorously disputes" any financial liability in Kentucky case. GVC/bwin and Paddy/Betfair mergers both approved by their boards.
Industry Insight

Amaya, Clarion, Cherry, Betsson plus merger news from GVC/bwin and Paddy/Betfair.

The Betfair vote was 99.999% in favor of the merger. Betfair and Paddy Power both stated that they expect the deal to complete in the first quarter next year.
Betfair and Paddy Power Shareholders Vote in Favor of Merger

Assuming regulatory approval is granted without further delay, the deal should complete in Q1 of 2016.

Betfair and Paddy Power shareholders to vote on merger. Ladbrokes shareholders vote in favor of Gala Coral merger.
Industry Insight

The latest on the Paddy Power/Betfair and Ladbrokes/Gala Coral merger, plus industry news from NYX, GVC, Betsson and more. has extended its deal with Danish state owned online gambling provider Danske Spil. Playtech’s move to expand its interests into the financial equivalent of online gambling has taken a backwards step, as it announced the end of its plans to acquire online contracts broker Plus500.
Industry Insight

Industry mergers that have gone bust, are contentious and are proceeding well.

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Our Lord Jesus Christ Reminds Nick Marchington That He Would Also Like 10% Of His Winnings
Inspired by a recent WSOP staking dispute, The Lord and Savior Jesus Christ is also mulling a lawsuit that would demand Nick Marchington also pay Him the 10% He says he is owed. — read more »
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