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.

PokerStars Will Enter Pennsylvania Online Poker Market

We have some good news for poker players in the northeast. The world’s largest online poker site, PokerStars, has announced it will offer poker an...

Online Gambling Coming to Pennsylvania Soon, Nine Casinos Apply for Licenses

For those frustrated with how long it is taking poker sites in Pennsylvania to launch, we have some good news. In recent days, nine land-based casinos...

Stars Group Makes Major Purchase, Acquires Sky Bet for $4.7 Billion

Stars Group, the company that owns PokerStars, made a surprising decision to purchase the popular Sky Betting brand of online gambling sites for a who...

New York Assembly Disses Online Poker, Not Included in State Budget

Online poker won’t be coming to New York, at least for the foreseeable future. Governor Andrew Cuomo and the State Senate passed an $168 billion ann...

Poker Players Alliance Asking for $25,000 from Donors to Continue Fighting for Your Rights to Play Poker Online

The Poker Players Alliance (PPA) desperately needs financial assistance from the poker community. If the non-profit organization doesn’t receive $25...

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...