May 5, 2011
Las Vegas From Home has announced that it has reached agreement on the acquisition of Poker from Home de Mexico, S. de R.L. de C.V. through the purchase of a 99 percent equity interest in a mix of cash and equity considerations. The deal gives LVFH the exclusive right to exploit a federal Mexican permit […]
May 4, 2011
The latest assessment by the online poker monitor Pokerscout in the wake of Black Friday shows that the Merge Poker Network is now the US market leader, growing its traffic almost 70 percent in the three weeks since Black Friday, which removed rivals Pokerstars, Full Tilt Poker and the Cereus Network from its path. “Merge […]
May 4, 2011
Tuesday’s House Judiciary Committee oversight hearing on the US Justice Department appeared to be a quiet and inconclusive affair, despite the presence of Attorney General Eric Holder and the recent federal indictments against individuals associated with online poker sites doing business in the United States. Defending the DoJ action, Holder said its activities against the […]
May 4, 2011
A bill that started out as an online poker legalisation proposal, but was watered down to a study of online poker in the legislative process (see previous reports), has passed both Senate and House – the latter on a 72 – 21 vote – in Iowa. The local newspaper Globe Gazette reported on the passage […]
May 4, 2011
Amid independent reports that its traffic has dropped off dramatically since Black Friday, the Cereus network, owned by Blanca Games Inc., has issued a statement confirming it is experiencing tough times. The company’s statement this week advised that its internet poker subsidiaries Absolute Poker.com and UBPoker have now exited the US market “…due to recent […]
May 3, 2011
Recent college grad and relatively unknown young pro Taylor Von Kriegenbergh continued to make a name for himself Monday by taking down the main prize in the World Poker Tour Seminole Hard Rock Showdown in Hollywood, Florida. It was Von Kriegenbergh’s biggest win yet, far eclipsing his $200 000 in career winnings to date as […]
May 3, 2011
This week sees the real money launch of a new Webcam-powered and Malta-licensed online poker site branded Pokerview.com. The rather uninspiring but full service website has limited information on the owners and operators, but it is available in multi-lingual versions indicating a European targeting. The marketing director is identified as one Michael Dunsberg, who claims: […]
May 3, 2011
One of the most interesting and arguably informative articles to appear on the Cereus network online poker sites Absolute Poker and UBPoker appeared over the weekend in the St Petersburg Times. Clearly the product of considerable research by three or more business journalists, the piece covers the initial founding of the enterprise between 2000-2002 by […]
May 1, 2011
Poker News released statistics from its Big Game collaboration with Party Poker this week, demonstrating the power of live videostreaming over the internet. The poker competition was streamed live from the Dusk Till Dawn poker club in Nottingham a few weeks ago in an entertaining initiative that covered all 48 hours of the action in […]
May 1, 2011
The 2011 World Series of Poker Circuit Caesars Palace main event reached its climax over the weekend, with a final table that was decided in just over two-and-a-half hours. The $1 600 buy-in event pulled in a field of 496 players, with many recognisable names among them, generating a prize pool of almost $715 000. […]