In the increasingly popular “bounty” tournaments at internet poker rooms, part of the reward for success is the money one wins just for knocking someone out.But now, in addition to the bounty money and (hopefully) the regular prize money in the tournament, UltimateBet is tacking on more prizes for bounty hunters.
In their newly renamed “Sniper” [...]

Read More... | Comment | By Rocco Havel | May 14, 2008

Beleaguered Swedish gaming monopoly Svenska Spel has backed up its recent threat of litigation with international gaming firm Ladbrokes by initiating legal actions over Ladbrokes’s current Swedish ad campaign yesterday.
For Svenska Spel, the lawsuit hinges on both the wordings of a famous slogan from the campaign (in Swedish it reads: Svenska Spel med Engelska [...]

Read More... | Comment | By Kory Travers | May 13, 2008

European countries don’t seem to be getting the message – while the European Commission issues reasoned opinions and warnings to end protectionist measures for online gaming, some countries continue to tighten their grip anyway. The latest one is Holland, which just confirmed it own little UIGEA is in place.
Sweden, Denmark, France and Holland are only [...]

Read More... | Comment | By Adam Ulick | May 12, 2008

First Svenska Spel and now Boss Media are changing CEOs following a change in higher management. While Svenska Spel has a new board of Directors (and a new set of goals,) Boss Media has been recently acquired by GTECH, which prompted a change of top management.
Boss Media, home to Paradise Poker,  was acquired by GEMed [...]

Read More... | Comment | By Adam Ulick | May 9, 2008

Three more major online gaming companies have announced significant drops in their first quarter earnings. Coming just one day after the World Poker Tour Enterprise’s announcement of a $2.8 million loss in the first quarter Youbet.com, Magna Entertainment and Betbrokers have reported financial difficulties of their own for early 2008.
In what is normally the busiest [...]

Read More... | Comment | By Kevin Felix | May 8, 2008

Until Wednesday, the schedule for Full Tilt’s FTOPS VIII listed twenty-four events, but three of them were enigmas.These three events, listed as “Mystery Tournaments,” were scheduled for specific days and times, but players did not know what kind of tournaments they would be.
As FTOPS VIII kicked off Wednesday with the $750K guarantee no-limit Hold’em six-max [...]

Read More... | Comment | By Joe Zusman | May 8, 2008

Watch poker. Watch poker on TV, watch poker in person, watch poker on the internet – if you want to get better at raking it in on PartyPoker than you need to watch other people play it.
While I enjoy televised poker as much as anyone (by the way, High Stakes Poker on GSN is, for [...]

Read More... | Comment | By Joe Zusman | May 7, 2008

The mother company of the World Poker Tour has released its financial statements for the 1st quarter of this year, and although the revenue increased it has still not caught up with the expenses, for a net loss of $2.8 million.
The report highlights for this quarter include the delivery of 7 episodes of the WPT [...]

Read More... | Comment | By August Darnell | May 7, 2008

The Gambling Commission has released the latest edition of its ongoing study concerning remote gambling participation. The study, conducted by international data giant ICM, offered the following four points as its key findings:
• Between January 1, 2007 and March 31, 2008 (ie an average of figures for June 2007, September 2007, December 2007 and March 2008), [...]

Read More... | Comment | By Neal Farran | May 6, 2008

Swedish gaming monopoly Svenska Spel is lashing out legally after months of suffering from its own legal woes. Responding to advertisements for the international gaming company, Ladbrokes, which make use of the Swedish words “Svenska spel” (Swedish Games) the company Svenska Spel has issued a direct warning to Ladbrokes – withdraw the campaign or face [...]

Read More... | Comment | By Rocco Havel | May 6, 2008