Business/Legal
Ulliot to Launch New Card Room
Originally posted March 20th, 2006
Known more frequently by his nickname “The Devilfish”, infamous British poker player Dave Ulliot has announced the opening of his own online poker room aptly named “Devilfish Poker”, to be licenced by Canadian company Excapsa (seen on the London Stock Exchange, currently best known for Ultimate Bet). (more…)
Tribeca to offer wireless poker platform.
Originally posted October 7th, 2005
Not to be outdone by other competitors innovating in the field, Europe’s Tribeca Tables (a network of online poker rooms powered by the same software) has signed on to a 5 year deal with Phantom Fiber Corporation to develop a wireless poker system.
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PartyGaming Stocks Plummet 33%
Originally posted September 7th, 2005
After comments from an operator at Party Poker’s website warned that growth in their customer base had slowed, PartyGaming’s share value has fallen by a third (£2bn).
While forecasts earlier in the year had speculated growth in the industry to remain strong at 45% annually over the next 5 years, the last quarter has shown anything but - with a slow down to only 4% since July.
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WTO Gives U.S. Deadline On Desision
Originally posted August 23rd, 2005
The World Trade Organization has given the United States until April 3 to comply with their decision earlier this year (April 7) to stop discriminating against foreign gaming sites.
Representatives for the office of US trade said the while they would comply, legislation resulting from the ruling would not necessarily make it easier for offshore operators to legally serve US customers, and in fact might make it more difficult for them from a legal perspective.
(more…)
Cassava To Go Public On LSE?
Originally posted August 21st, 2005
Reports on Reuters UK from the Sunday Express say that Cassava Enterprises, owner of such gaming properties as 888 Casino (Casino On Net) is planning on listing the company on the London Stock Exchange this autumn.
This follows Party Poker’s earlier listing on the Exchange in June of this year at 4.6 billion pounds, as well as a number of other i-gaming companies that have followed suit.
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