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.

Strengthening Bitcoin Valuation Could Make Digital Currency a Player in 2016

Bitcoin (BTC) is showing new signs of life as its trading price has slowly increased over the last 12 months to regain a measurable portion of the valuation it had previously lost.

New York Attorney General Links Daily Fantasy Sports to Poker in Ruling

New York Attorney General Eric Schneiderman (D) ruled this week that daily fantasy sports (DFS) has no place in his state and swiftly ordered market leaders DraftKings and FanDuel to exit his jurisdiction.

Political Watchdog Chasing Billionaire Sheldon Adelson on Organized Crime Ties

Political watchdog group Campaign for Accountability (CfA) is going after Las Vegas Sands Chairman Sheldon Adelson on allegations that the billionaire is using money received from organized crime in China to fund his millions of campaign contributions to Republican candidates in the United States.

PokerStars Launch in New Jersey Delayed Due to Outstanding Player Funds

PokerStars returning to New Jersey is perhaps the most anticipated launch in the history of online gambling.

Daily Fantasy Sports Described as Poker and Fantasy Sports Mashup by DraftKings CEO

Daily fantasy sports (DFS) is currently permitted in 44 states in the United States due to the preconceived opinion that the contests are games of ski...

PokerStars Triumphantly Returns to United States Online Poker Market

PokerStars is back in the United States, authorized by the State of New Jersey to offer online poker to its over seven million residents of legal Internet gambling age.

New Jersey Online Poker Sites Receive Seal of Approval from DGE

New Jersey online poker players no longer have to question whether a network they come across is legal, the state’s Division of Gaming Enforcement (DGE) releasing a “Licensed & Regulated” logo this week that is required to be displayed effective immediately on authorized iGambling websites.

Wynn Interactive Withdraws Online Gaming Application in New Jersey

Wynn Interactive, never too excited about setting up residence in New Jersey, is leaving the Garden State for good.

Horseshoe Baltimore Casino Scarce Bright Spot for Troubled City in 2015

Horseshoe Baltimore, the city’s first downtown casino, opened nearly a year ago on August 26, 2014, but the $442 million, 122,000-square-foot gambling facility arguably couldn’t have chosen a more inopportune time.

Caesars’ Gary Loveman Believes Daily Fantasy Sports Could Legalize iPoker

Gary Loveman enjoyed a storied career as a gambling executive, joining Harrah’s in 1988 as COO and eventually taking over the title of CEO in 2003, captaining the casino conglomerate and mitigating the volatile waters that inherently come with the industry over the next 12 years until his resignation in February.