Ongame Network to Shut Down in October
One of the old guard of online poker has finally bitten the dust. The Ongame Network, once one of the leading networks in the online poker world, will close in …
LATEST NEWS
Sweden Multipoker Tax Case Resurfaces in Mossack Fonseca Data Leak
An old tax and money-laundering case involving one of Sweden’s earliest and most popular online poker sites is among the gambling-related episodes connected to the secretive business-fronting operations of Panama’s …
Bwin.Party Sells World Poker Tour to Chinese Gaming Company
Following a six-year ownership stint where the formerly prominent World Poker Tour brand was allowed to languish, bwin.party has sold the WPT and parent entity WPT Enterprises, Inc. to Chinese …
DeLeon-Parasol Divorce Finalization Triggers bwin.party Stock Dip
The stock price of bwin.party tumbled on Friday due to the divestiture of as much as 50 million shares of stock still held by PartyGaming’s original co-founders, Ruth Parasol and …
New Jersey Online Gambling Revenue Climbs Slightly in August
New Jersey-license online gambling sites posted a modest 4.5% gain in August when compared against July’s revenue numbers, according to online financials posted by the state’s Division of Gaming Enforcement …
PartyGaming Co-founders Ruth Parasol, Russell DeLeon to Divest Holdings, Avoid New Jersey Licensing
Interesting business news from the New Jersey online poker scene today, where PartyGaming co-founders and current significant bwin.party shareholders Ruth Parasol DeLeon and James Russell DeLeon have both agreed to …
The Kentucky Bwin.party $15 Million Settlement; Another PokerStars Hurdle
Over the weekend, news broke that the Commonwealth of Kentucky had agreed to a $15 million settlement with European online-gambling giant bwin.party over the pre-UIGEA activities of bwin.party precursor PartyPoker …
PokerRoom.com Closes Its Doors Again
PokerRoom.com, one of the earliest operating poker sites, ceased operations on Tuesday. Players have a month to cash out their account balances. This is the second time that PokerRoom.com has …
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