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.

New Jersey Online Gambling on the Rise, Poker, Not So Much

The New Jersey online gambling scene is on the rise thanks in no part to poker. Internet gamblers in the state helped operators generate $20.8 million...

Absolute Poker Players to Receive Long Lost Account Balances

Absolute Poker and Ultimate Bet are gone but not forgotten, especially to the customers who never received account balance funds when the site shut do...

Amaya Saw Poker Revenue Drop in 2016, Casino and Sportsbook a Different Story

Amaya Inc., the parent company of PokerStars, saw a decline in poker revenue during the 2016 calendar year. The drop didn’t hurt the company, howeve...

President Donald Trump Fires U.S. Attorney Preet Bharara, the Architect Behind ‘Black Friday’ Indictments

President Donald Trump said “you’re fired” to U.S. Attorney Preet Bharara. The now jobless prosecutor was the architect behind the 2011 Black Fr...

Online Poker Plays Vital Role in Revitalizing Atlantic City Casinos

Online poker played a critical role in helping Atlantic City’s seven remaining casinos turn a profit for the first time in a decade last year. S...

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...