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Wagering giants PokerStars and Betfair reportedly experienced major connectivity problems over the past weekend with Betfair taking to Twitter Monday to confirm the company was fighting off a DDoS attack. “We’re currently experiencing a DDoS attack on our site. We’re working to fix this as quickly as possible,” the tweet informed. While PokerStars have not …
Partnering with the respected Live Dealer provider Evolution Gaming, online poker giant Pokerstars expanded its influence this week with the launch of live streamed casino action across its UK, dotcom and .eu sites. Pokerstars players now have the option to play both RNG and live dealer casino games through the company’s online poker client, creating …
The news earlier this week of a more reasonable approach by tribal groups and Caesars Entertainment to bad actor clauses in online gambling legalisation initiatives (see previous reports) has been followed by encouraging reports that major online gambling firm Pokerstars and Caesars have put aside their traditional rivalry and will work together to fight attempts …
According to Amaya Gaming Group-owned PokerStars, the company’s withdrawal of its much anticipated online casino client from the Spanish market in January 2015 was due to a “minor technical issue”. At the time, the company blamed the unavailability of blackjack hand histories from within the software, as required by law, for the withdrawal (see previous …
The recent and intriguing departure from the Spanish market of Pokerstars’ new online casino offering (see previous reports) has been followed by a statement from the company reassuring Spanish punters that it would soon return. In an email to players Pokerstars confirmed it had found it necessary to withdraw temporarily to attend to “a minor …
The newly appointed manager for Pokerstars in Italy, Marco Trucco, may have let the cat out of the bag in his interview earlier this week disclosing the online poker giant’s plans to introduce casino and sports betting in the near future (see previous report). The ink on the interview was barely dry before Pokerstars issued …
The Italian news agency Agimeg highlighted some interesting Pokerstars plans for the Italian online gambling market this week during an interview with the company’s new Italian chief, Marco Trucco. Trucco revealed that the online poker giant is currently working towards the imminent introduction of online casino games to Italian online punters, and that a new …
Amaya Gaming’s $4.9 billion acquisition of the Rational Group, parent of Pokerstars and Full Tilt, is clearly having a major impact on the Montreal-based company’s performance, judging by its latest third quarter results posted this week. Highlights of the performance included: * Revenue soared from C$39 million in Q3-2013 to C$239 million – a six …
A top European online gambling executive, Brian Mattingley from 888 Holdings, has spoken out for his competition regarding entry to the legalised online gambling market in the United States, where legalisation proposals in some states contain “bad actor” clauses that are seen by many as protectionist moves by vested interests. In a telephone interview with …
The $4.9 billion acquisition of Pokerstars and Full Tilt Poker parent The Rational Group by Montreal-based Amaya Gaming has set the online gambling industry buzzing, and details now emerging include: * The consideration of $4.9 billion is to be delivered as follows: $2.1 billion in senior secured credit facilities; $800 million in senior secured second …
The Rational Group, parent company of Full Tilt Poker and the world’s largest online poker provider, Pokerstars, has been acquired by the Canadian gaming group Amaya Gaming for $4.9 billion in cash. The two companies confirmed the deal late Thursday after trading on Amaya was halted following persistent rumours of a sale that had been …
Las month’s rumours of an acquisition deal featuring Amaya Gaming and the Isle of Man online poker giant The Rational Group (see previous reports) returned with a vengeance Thursday following a Bloomberg business news report quoting two insiders who revealed that an agreement is imminent. Blackstone Group LP’s credit business, GSO Capital Partners LP, is …
ISIS Lab Corporation has appointed Dmitri Dain, the former head of PokerStars software development arm PYR Software, as its chief technology officer (CTO). Dain has almost two decades of experience in both the private company and public company sector. Prior to PYR Software he served as CTO of E*Trade Israel, MIS manager of AVX Corporation …
One of the obstacles preventing online gambling giants like Pokerstars and Bodog from lawfully re-entering the US in states where the pastime has been legalised has been the indicted status of key executives like Isai Scheinberg and Calvin Ayre, but that situation could be about to change, according to an unconfirmed report in the publication …
The parent of Pokerstars, the Isle of Man-based Rational Group, has spoken out against the owners of the Atlantic Club, which earlier this (December) month was sold on auction after going bust, and is to be stripped down and the assets distributed by new owners Caesars Entertainment and Tropicana Entertainment . Quoting from an end-of-the-year …
The first fruits of the Pokerstars Atlantic City partnership with Resorts Casino Hotel emerged Wednesday with an announcement that work on a $10 million poker room is to begin as soon as Pokerstars is awarded a New Jersey online gambling licence. Company spokesman William J. Pascrell III told The Press of Atlantic City: “As soon …
Italian firm Lottomatica has employed the services of Giulio Astarita in the position interactive poker director. Astarita announced his appointment in a lengthy Facebook post saying while there was a lot of work to be done; the team is committed to revitalising the company’s poker offering. He has the skills to take on the challenge …
Pokerstars parent, The Rational Group, appears to have put the abortive attempt to acquire the Atlantic Club land casino in New Jersey behind it, advising the New Jersey Division of Gaming Enforcement this month that it is no longer pursuing the acquisition. The company ran out of time in acquiring the necessary licensing, and Atlantic …
PokerStars parent company The Rational Group’s fortunes in the New Jersey market have turned following disappointment in the dissolution of a deal with Atlantic Club Casino Hotel as it announced an online gaming agreement with Resorts Casino Hotel, the first casino to open in Atlantic City, earlier today (Wednesday). “This is another blue chip partner …
The Rational Group, parent company of Pokerstars and Full Tilt Poker, has suffered another legal setback in its attempt to establish a foothold in the nascent New Jersey online gambling market by buying troubled land casino the Atlantic Club. On Monday a New Jersey appeal court rejected the company’s appeal against an earlier decision in …
Earlier this year the attempt by Pokerstars parent The Rational Group to acquire a land casino in Atlantic City ended in failure when the online poker company was unable to achieve New Jersey licensing within the time stipulated in the acquisition agreement with Atlantic Club owners Colony Capital LLC. By the time the expiry date …
The attempt by Pokerstars owner The Rational Group to acquire the Atlantic Club land casino in Atlantic City ran into a major obstacle Friday when New Jersey Superior Court Judge Raymond Batten ruled that casino owners RIH-Colony Capital could terminate the sale contract when Rational failed to get a New Jersey licence by an April …
Friday May 17 is a key date in the attempt by Pokerstars parent The Rational Group to acquire Atlantic City land casino Atlantic Club, with the Isle of Man company’s request for a restriction on the sale of the casino to anyone else under challenge in a New Jersey court by casino owners Colony Capital …
Colony Capital, the owners of the troubled Atlantic Club in New Jersey, has responded to the temporary restraining order obtained by Pokerstars parent The Rational Group preventing them from seeking another buyer for the casino. In what is becoming an increasingly bitter relationship, Rational was successful last week in obtaining a temporary restraining order as …