The online gaming giant placed 29 million shares at 780 pence per share with the intention of raising £227m to use toward the acquisition of Plus500, as well as a potential B2C broker that TradeFX has an option to buy.
Full Flush Poker’s New Casino Announced
Experts say the Dutch government’s plans to allow online gambling market in the Netherlands are now unlikely to come into effect until 2017 at the earliest, broadcaster Nos said on Saturday. The legislation, which should have gone through parliament this year, is still pending and MPs have doubts about who should be allowed to enter the Dutch market, Nos said. In addition, charities fear their income may be hit when online gambling is legalised and traditional lotteries lose support. Currently, foreign firms are not supposed to target gamblers in the Netherlands, although the ban is widely ignored. The current laws date back 50 years, before the advent of internet. The Telegraaf said in April more than 200 companies have expressed an interest in a licence to offer online gambling in the Netherlands. Gambling regulator Ksa described the number of inquries as ‘high’ given the estimated size of the illegal market. The Ksa estimates people in the Netherlands spend between €250m and €800m on illegal online gambling a year. The draft proposals also state the licence holders will have to contribute to a special fund to help gambling addicts. In addition, there will be a national register of players who break self-imposed limits and will be banned from playing.
An unprecedented number of chief executives and top level professionals will be present at the unique iGaming Executive Conference taking place at the iGaming Super Show this week in Amsterdam.
Online gaming revenues released by the New Jersey Division of Gaming Enforcement (DGE) for the month of May reveal some telling facts, the most important of which is that online poker could use a shot in the arm.iPoker revenue in the Garden State totaled $1,928,106 in May, a 2.9% drop from April’s total of $1,985,289. Perhaps a better barometer of the direction online poker revenue is headed is evident in year-over-year numbers, with May down 15.2% from the same time in 2014.That latter percentage decrease cries out for something to be done, even more so considering that revenue from online casino games has increased 28.7% year-over-year. May of this year saw New Jersey’s online gaming operators collect $10,546,480 from Internet casino games, bettering the $8,196,276 of a year ago.
The forces trying to bring regulated online poker to California — led by PokerStars — are making a marketing push, launching the website californians4ipoker.com.
Italy's upcoming gambling legislation may become the turning point for the launch of international shared liquidity in Europe, as the country actively looks for measures to bring the industry back to growth after years of decline.
The Poker Hall of Fame (PHoF), established in 1979, honors the game's best players and most influential contributors. Each year either one or two nominees are inducted to join the 48 members currently enshrined in the PHoF, and this year several poker players are making a push for the late David "Devilfish" Ulliott to receive a nomination.
British poker superstar, Sam Trickett, is on the lookout for a new sponsor after he and Everest Poker parted ways by mutual consent.
On Wednesday, there will be another key hearing in the Keystone State regarding the legalization and regulation of casino games on the Internet, operated by the state’s existing brick-and-mortar casinos.
