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Poker Business

Poker business and financial poker news stories from around the world

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888 Announce Good Start to 2008 2008-05-08 888 Holdings, the owners of Pacific Poker have reported a positive first quarter of 2008. There has been a 38% increase in net gaming revenue and poker revenue is up 5% to $22 million. Total operating income was up 41% to $66 million. more
 
 
Party Gaming Confident of a Strong 2008 2008-04-30 Party Gaming are confident of a good year ahead despite disappointing figures for Party Poker. Revenue in total is up 21% for the first quarter of 2008 with 12% increasing in the poker operation more
 
 
Pokernews announce the launch of Pokernews EU 2008-04-23 We are pleased to announce the launch of our newest website, dedicated to the entire European poker community with a special EU freeroll to kick things off! more
 
 
APAT and DTD Join Forces for Live Poker Training 2008-04-15 Two of the most innovative and exciting companies in UK poker are joining forces to contribute to the development of UK players. The Amateur Poker Association & Tour (APAT) have teamed up with Europe's only fully licensed poker club, Dusk Till Dawn more
 
 
Poker Trillion Split from Boss Media and Begin Legal Action 2008-04-14 Online poker is once again in the spotlight this week, with the news that new poker room Poker Trillion are leaving the Boss Media Network, issuing a garnishee order and filing a €45 million law suit against them more
 
 
Devilfish to Address CAP as Keynote Speaker 2008-04-02 Poker players have been proving their versatility beyond the felt this week, with news that two major figures in the game are proving their skills in front of the microphone more
 
 
More Press for Poker in the UK 2008-03-28 Normally when poker finds its way into the mainstream UK press, it's either in the form of an anti-gambling editorial or a business section reporting on the decline or explosion of the industry. more
 
 
Introducing: PaySafeCard 2008-03-21 Here at UK Pokernews we like to get behind new and innovative enterprises in the landscape of online poker, which is why we are pleased to tell you about Paysafecard more
 
 
Neteller Report Poor Resuts for 2007 2008-03-13 It wasn't just online poker rooms that suffered at the hands of the Unlawful Internet Gambling Enforcement Act (UIGEA) as online payment processor Neteller have reported a massive loss for 2007 more
 
 
iPoker Continues to Grow According to Traffic Reports 2008-03-11 Even after the UIGEA shook everything up and turned the poker world on its head, we all knew who the 'big three' were. By big three, I am of course referring to the Man United, Arsenal and Chelsea of the online poker world more
 
 
Gutshot on the Ropes After Gaming License Rejection 2008-02-29 It looks like more bad news for the Powerhouse Sporting Club (Better known as the Gutshot) in Clerkenwell, as they have now been turned down by the Gambling Commission for a gaming license more
 
 
Ladbrokes and William Hill Report Tough 2007 2008-02-28 Ladbrokes and William Hill are possibly the two most recognised names in the UK gambling industry, however both companies have recently reported a tough 2007 to their shareholders. more
 
 
Super Casino Officially Scrapped 2008-02-28 The Government officially announced what most of us already knew yesterday, that the proposed Manchester 'Super-Casino' has been completely scrapped. It was one of Gordon Browns first actions since coming into power more
 
 
UK Gambling in the Mainstream Press Again 2008-02-25 The UK Gambling Industry is once again in the national press right now and another mixed week looks to be ahead. Since the 2005 Gambling Act was implemented in September the UK Gaming Industry has enjoyed some conflicting highs and lows more
 
 
UK Gambling Industry Under Fire 2008-02-14 The UK gambling industry is coming under fire from several, drastically different, divisions of the gaming sector this week. This is a result of some conflicting news item over the last few weeks and the 2005 Gambling Act. more
 
 
888 and Playtech Post Impressive Numbers for 2007 Final Quarter 2008-02-14 Two of the leading European Poker Networks have reported fantastic revenue increases for the final quarter of 2007. For both rooms, 2007 was their first full year of reporting following the Unlawful Internet Gambling Enforcement Act (UIGEA) more
 
 
Court of Appeal Rules Poker is a Game of Chance 2008-02-13 In January of 2007, Derek Kelly of the Gutshot Card Club was found guilty of illegally organising poker games in the private members club. The Gutshot took their case to the Court of Appeal on Monday and lost. more
 
 
Brown Approves 16 New Casinos Despite 'Super Casino' U-turn 2008-02-07 Plans for sixteen new casinos are to be approved, despite Gordon Browns sudden U-turn on bringing Las Vegas style gambling to Britain. Six months ago the country was abuzz with many major cities bidding to hold the 'super-casino' more
 
 
Scottish MP Calls for Gambling Addiction Tax 2008-02-04 Scottish Politician Kenneth Gibson has called for a tax on all gambling firms operating in Scotland. Gibson has sighted a provision within the 2005 Gambling Act, for gaming operators to pay into a fund to combat gambling addiction more
 
 
PartyGaming Announce 52% Increase in Group Revenue 2008-01-31 PartyGaming have reported a 52% increase in group revenue in the final quarter of 2007 to $120 million. The total revenue for the year was $448.2 million, a significant increase on the $324.7 million in 2006 more
 
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