888 Share Price Plummets as CEO Leaves Under Shadow of Internal Investigation Into AML and KYC Failures

888 Share Price Plummets as CEO Leaves Under Shadow of Internal Investigation Into AML and KYC Failures Thumbnail

888 staggered The bottom dropped out of shares in gambling group 888 Holdings plc on Monday as CEO and Executive Director Itai Pazner has stepped down from both roles as an internal investigation into possible failures in the company’s anti-money laundering (AML) and know-your-customer (KYC) processes. 888’s shares opened down nearly 10% from Friday’s close… Read more »

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partypoker Reworks Tournament Schedule, Adds 600 Events Per Week

partypoker Reworks Tournament Schedule, Adds 600 Events Per Week Thumbnail

$3 million in guarantees each week Partypoker has announced a new tournament schedule, featuring more than $3 million in guaranteed prize pools. That money is spread out over tons of events – the online poker room has added around 600 new tournaments to the weekly schedule. And good news for us low-rollers: the “super micro”… Read more »

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Sports Betting Open for Business in Ohio

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Although it came after one of the more crushing defeats for some of the fans in the state, something new for Ohio residents came to life just after midnight on New Year’s Day. Ohio sports betting went live on January 1, with a slate of online and live sites opening for business as soon as… Read more »

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888 Withdrawing from Online Sports Betting-Only States

888 Withdrawing from Online Sports Betting-Only States Thumbnail

Cost-cutting move Struggling to pare down its debt, 888 Holdings announced last week that it withdrawing its sports betting product out of some states. The company has decided to focus on states that have online casino gaming in addition to sports betting, going for an “unsexy sweet spot” in the US gambling market. 888 acquired… Read more »

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PokerStars, Detroit Red Wings Sign Sponsorship Deal

PokerStars, Detroit Red Wings Sign Sponsorship Deal Thumbnail

Poker has long desired to enter the mainstream, especially in the States of America. One of the ways to do that is through sponsorship deals with companies and organizations that are in that mainstream area. PokerStars has pulled off such a deal, becoming only the second online poker operation to join forces with a team… Read more »

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PokerStars Offers Three More Shots at Platinum Passes as PSPC Draws Near

PokerStars Offers Three More Shots at Platinum Passes as PSPC Draws Near Thumbnail

Three continents, three Platinum Passes The long-awaited return of the PokerStars Players NL Hold’em Championship (PSPC) is just two months away. And as the January 30 start date rapidly approaches, opportunities to win a Platinum Pass to pay for the pricey $25,000 buy-in are dwindling. On Monday, PokerStars announced several new opportunities for poker players… Read more »

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PokerStars Releases Software Client Update

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One great thing about video games as a “live service” is that they are constantly updated, tweaked, and patched to offer players better balance, new content, and a better gaming experience for years to come. Online poker is very much the same – poker rooms frequently change their software client to look better, feel better,… Read more »

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PokerStars VR to Be Meta Quest Pro Launch Title

PokerStars VR to Be Meta Quest Pro Launch Title Thumbnail

Enjoyable alternative to regular online poker Last week, Meta announced that its new virtual reality device, the Meta Quest Pro, will be available for purchase on October 25. It is for the extreme VR enthusiast only, as it comes with a $1,500 price tag, nearly four times that of the established Meta Quest 2. My… Read more »

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Ontarians Offer Opinions on Online Poker Regulations for Province, Part Two: “Ontario Takes a Step Back”

Ontarians Offer Opinions on Online Poker Regulations for Province, Part Two: “Ontario Takes a Step Back” Thumbnail

In early 2022, the province of Ontario was coming to the realization that change was afoot in the online gaming world, at least for them. The provincial government had passed regulations on all online gaming. This included virtually every gaming activity that Ontarians had previously gone to “rest of the world” companies to participate. Sports… Read more »

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Ontarians Offer Opinions on Online Poker Regulations for Province, Part One: How We Got Here

Ontarians Offer Opinions on Online Poker Regulations for Province, Part One: How We Got Here Thumbnail

Earlier this year, the online gaming community in the province of Ontario, Canada, changed. Instead of having unfettered access to an array of online gaming options from around the world – sports betting, daily fantasy sports (DFS), casino gaming, online poker, and other gaming choices – Ontarians became the only residents of Canada that were… Read more »

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UK Gambling Commission Fines GGPoker $750,000 for Social Responsibility, Anti-Money Laundering Violations

UK Gambling Commission Fines GGPoker $750,000 for Social Responsibility, Anti-Money Laundering Violations Thumbnail

Not looking out for customers enough GGPoker has run afoul of the United Kingdom’s gambling regulator. On Wednesday, the UK Gambling Commission (UKGC) announced that NSUS Limited, which trades as GGPoker, has been fined a hefty £672,829 ($746,340) for both social responsibility and anti-money laundering failures. When the UKGC hands out large fines, it is… Read more »

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New York Man Suing MGM, Claiming He Was Paid $30,000 a Month to Not Report Frequent Disconnections

New York Man Suing MGM, Claiming He Was Paid $30,000 a Month to Not Report Frequent Disconnections Thumbnail

What would you do if the online game – gambling or otherwise – disconnected you so frequently that it was essentially unplayable? For Sam Antar of New York City, the answer is to just keep on playing. According to Antar, though, MGM Resorts International, its Borgata casino resort, international partner Entain, and online gambling brand… Read more »

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