Read the Latest Poker Business News

Poker is big business and we make sure we cover the financial angle for you. Mergers, acquisitions and bankruptcy stories will all be found here so you know if your chosen poker room is on the up, or the slippery slope to becoming history.

Poker Pro Fedor Holz Invests in Pair of eSports Teams

Fedor Holz retired from poker in 2016, but still shows up to play in certain high-stakes tournaments. Instead of playing cards for a living for the re...

Money Laundered by Former Full Tilt Poker Founder Ray Bitar Finally Returned to United States

The April 2011 Black Friday scandal is still a topic of discussion more than six years later. And now, a new story involving the scandal has emerged w...

PokerStars Expects Entry into Upcoming Pennsylvania Online Poker Market

PokerStars says it will have a seat at the table when legal online poker sites begin operating in Pennsylvania, less than a month after the Keystone S...

Absolute Poker Ships Second Wave of Payments to Old Customers

A second wave of payments from Garden City Group (GCG), a third-party payment processor, have been made to former customers of the defunct Ultimate Be...

David Baazov Continues Quest to Retake Amaya and PokerStars

David Baazov isn’t folding on his efforts to take back Amaya, the company he founded in 2004. Earlier this month, the PokerStars owner headquar...

Daily Fantasy Sports Mega-Merger Confirmed, Online Poker Revenue Up

Daily fantasy sports (DFS) leaders DraftKings and FanDuel confirmed late last week that the two market power players are merging. Together, the unifie...

PokerStars’ Parent Company Amaya Receives $6.7 Billion Offer

Amaya, PokerStars’ parent company, has received an all-cash offer of CAD$3.48 billion ($2.56 billion) from its founder and former CEO David Baaz...

New Jersey Online Poker Boosts Atlantic City’s Bottom Line

New Jersey online poker and internet gambling continues to provide substantial benefits to the overall health of the casino industry in Atlantic City,...

Amaya and William Hill Confirm Merger Talks

Amaya and William Hill confirmed over the weekend that the two gaming powerhouses are in talks to merge and form one international leader in online po...

Delaware Online Poker Struggles in August as Online Gambling Heats Up

Delaware online poker capped off the unofficial end of summer with a showing that truly mimicked the laziness of the dog days of summer. The online ca...