One of the stranger sagas in America's fledgling market for regulated online poker drew to an effective close yesterday, as PokerStars confirmed that they have abandoned their plans to purchase the New Jersey casino property the Atlantic Club Casino. Reports of the decision were confirmed by a statement from PokerStars'
In what can only be described as an incredibly welcome development, former U.S. customers of online poker room Full Tilt Poker learned today that the return of their balances at the site has taken a massive step closer to becoming a reality. The news came via the official website of
Another step toward regulated online gambling in New Jersey today, as the state Division of Gaming Enforcement announced that 37 applicants submitted the preliminary paperwork to apply for Internet gambling licenses in advance of the state's July 29th deadline. That late-July deadline was set only weeks ago by the DGE.
The parent company behind online poker giant PokerStars sought to undermine the Kentucky government's claim against the site last week by filing a motion to dismiss. The motion to dismiss is in specific response to Kentucky's attempt to seize the PokerStars.com domain. Kentucky has been pursuing this claim for several
An investment and gaming company based in the United Kingdom, 2UP, is interested in either buying an existing Atlantic City land-based casino or developing one of their own, reports Bloomberg Businessweek. The company's interest in gaining a foothold in Atlantic City is motivated by New Jersey's newly-regulated Internet gambling market,
The company that runs the first regulated online poker site in the United States, Ultimate Gaming, this week won full regulatory approval from the Nevada Gaming Commission, after operating a "field trial" for the past ninety days, according to a story in the Las Vegas Review-Journal. Operation under close observation
In what amounts to a very substantial change of plans for a company that many expected to play a prominent role in America's regulated market for real-money online gambling, Zynga announced today that they are effectively abandoning the U.S. RMG industry. The company phrased it in slightly softer terms, of
Casino revenue in the Gulf Coast state of Mississippi was down in June over the same period in 2012, this according to a report published by Bloomberg Business Week. Mississippi offers casinos along its Gulf coastline, and also has river casinos. Bloomberg reported that May figures were more optimistic, with
Revel Casino has been working hard to shed its image as one of Atlantic City's biggest losers, though its new promotion designed to make slot machine players feel like winners is turning out to do anything but. In June, Revel announced a promotion that began on July 1. Under its
Last week a party was held to honor the success of a partnership announced last month between Chicago, Illinois-based Hyatt Hotels and MGM Resorts International that effectively merges the two companies' customer loyalty programs. MGM's rewards program is known as M Life, whereas Hyatt maintains the Gold Passport loyalty program.
This week a Board of Selectmen in Tewksbury, Massachusetts, approved a host agreement with Penn National, a gaming company based in Pennsylvania, to open and run a slots only parlor there. As Massachusetts is in the process of expanding its land-based casino offerings as an effort to compete with casinos
Having emerged from bankruptcy protection only a couple of months ago, Revel Atlantic City has been working hard to remake its image and in turn, its bottom line. As part of its efforts since it successfully completed a restructuring which saw creditors accepting equity in exchange for debt repayment, Revel
