When last week was wrapping up, the latest news in PokerStars' quest to purchase the land-based Atlantic Club Casino Hotel was only that PokerStars was apparently blindsided by the deal's expiration and that the company was still hoping to be able to complete it. Eric Hollreiser, who serves as director
This week news broke that a purchase contract between the parent company of mammoth online poker room PokerStars, the Rational Group, and a land-based casino in New Jersey called the Atlantic Club Casino Hotel, had expired, effectively ending PokerStars' campaign to take over the struggling property. After days of silence from PokerStars,
A casino expansion bill that has been a hot topic in Illinois in recent months has passed the state Senate, though whether or not the state's governor, Democrat Pat Quinn, will sign the legislation into law remains to be seen. Governor Quinn has not been a supporter of gambling expansion
A new, though not unexpected, online gambling bill has been introduced in the state of Pennsylvania. The text of the bill, known as House Bill 1235, has also been released to the public. The measure is sponsored by Pennsylvania State Representative Tina Davis (D-Bucks County). Davis has been talking for
While the recent news of the marathon bombings and related tragedies in Boston have largely, and understandably, dominated national and international news media coverage this week, quietly another story related to Massachusetts was breaking - that being that online poker might soon be introduced in the state. Already in the
There's another almost unbelievable twist in the story we brought you earlier this week about a New York art dealer being arrested in a gambling ring bust that also involves a high-ranking member of the Russian mob. We mentioned that while the many of the thirty people arrested this week
Sometimes the truth can be stranger than fiction, as is the case with the story of a federal raid that took place this week on New York City's tony Upper East Side in one of its most luxurious hotels, the Carlyle. Federal agents raided an art gallery located inside the
Zappos founder Tony Hsieh has been a visible force in the recent history of downtown Las Vegas, investing hundreds of millions into the revitalization of the area ahead of a planned move of some 1,300 employees to a new corporate headquarters there later this year. Now, he and a group
Florida Governor Rick Scott quietly signed a bill into law on Wednesday that bans Internet cafes in the state that offer arcade-style gambling machines. The bill will go into effect immediately, meaning that the approximately one thousand storefront gambling parlors in business in the state will be facing rapid enforcement
A woman was discovered shot to death in her car in the parking lot of the Majestic Star Casino in Gary, Indiana on Friday morning, it has been reported. The woman, 76-year-old Mary Austgen from St. John, Indiana had been reported missing on Thursday afternoon and was found shot in
Placing money on the outcomes of Federal elections is probably a concept that is pretty foreign to most Americans, but it happens to be a very popular pastime, as well as a very lucrative market, in many overseas nations. In fact, for offshore gambling companies, election betting is the most
While many fans of online poker would prefer to see the United States Government regulate the game at the federal level, ensuring a fairly homogenous market, the likelihood of that happening in the near term seems, at least for the moment, pretty dim. That being the case, it is almost
