Last week, World Poker Tour Enterprises announced their first quarter 2009 financial results, which included surprises across the board for the company. Read more »
WPT Enterprises Reports First Quarter Financial Results, Ends WPT China
Poker Stocks
Poker Stocks in the news
Unibet Releases Q1 2009 Financial Highlights
The parent company of Microgaming Network online poker room Unibet released its 2009 first quarter financial statements on Monday. The company is traded under the symbol "UNIB" on the OMX Nordic Stock Exchange. Read more »
888 Operating Income Grows 21% in 2008
In its 2008 end of year results released this week, 888, the parent company of Pacific Poker, revealed that its operating income grew by 21% last year to $262.5 million. In 2007, it reported operating income of $216.9 million. Read more »
NEOVIA CEO Leaves Company Citing Family Reasons
In recent news announced to the London Stock Exchange, the Chief Executive Officer (CEO) of NEOVIA Financial, the parent company of Neteller, has left his post. The news of the departure of NEOVIA President and CEO Ron Martin was revealed in a Trading Update last week to the Exchange. Read more »
PartyPoker Net Revenues Fall 7% in 2008
In its end of year results released to the London Stock Exchange on Wednesday, Party Gaming's Net Revenue was up 3% to $472.9 million during the 2008 calendar year in comparison to 2007. PartyPoker saw its Net Revenue sink by 7% to $274 million over the same period. Read more »
MGM Mirage Faces Potential Bankruptcy
With the economic situation still worsening around the world, one of the largest corporations involved in the Las Vegas economy is facing potential bankruptcy with its current loan balances. Read more »
Sportingbet Close to Deal with U.S. Government
In a recent article from the Reuters news service, it was revealed that an agreement between Sportingbet and the United States Department of Justice is expected sometime in 2009. The agreement may absolve Sportingbet of any wrongdoing that occurred prior to the passage of the UIGEA in 2006. Read more »
CryptoLogic Claims Ex-CEO Aziz Was in Breach of Contract
Online gaming software developer CryptoLogic Limited has fired back at ex-CEO Javaid Aziz, claiming that he is in breach of contract related to his severance from the company. CryptoLogic has said it's entitled to get back more than €1.5 million currently held in escrow under terms of his severance agreement. Read more »
Ladbrokes Announces 2008 Financial Figures
At the start of business on Friday, the English online and live gaming organization Ladbrokes PLC announced its preliminary 2008 financial statements, turning a profit for the year despite the economic collapse of late last summer. Read more »
WPT Revenues Fall 50% in Fourth Quarter of 2008
On the same day that World Poker Tour Entertainment (WPTE) officials announced that cable station Fox Sports Net would pick up the rights to carry Season VIII of WPT programming, the company released its financial results for the fourth quarter of 2008 as well as the full calendar year. Read more »
PartyGaming Announces Fourth Quarter 2008 KPI’s, New Gaming Agreement
On Friday, the publicly traded online gaming company PartyGaming PLC announced their fourth quarter 2008 Key Performance Indicators, which were lower compared to the fourth quarter of the year previous but overall showed the company with a profit for the entirety of 2008. Read more »
Party Gaming to Announce 2008 4Q KPIs on February 6th
Next Friday, the world's largest online gaming company that is traded on a national stock exchange, Party Gaming PLC, will announce its fourth quarter 2008 earnings and key performance indicators. The organization is the parent company of popular online poker room PartyPoker. Read more »
Playtech Revenue Up 70% in 2008
On Thursday, Playtech, which owns and operates the popular iPoker Network, released its financial figures for the fourth quarter of 2008. The highlight was word that the company's revenues had skyrocketed to €111.5 million during the year 2008, up 70% from €65.7 million in 2007. Read more »
PartyGaming Managing Director Steps Down Effective February
Continuing what has been a significant changeover in the leadership of the company, it was announced today that the managing director of PartyGaming, John O'Malia, will step down from his post effective at the end of February. Read more »
CryptoLogic to Shed Poker Network by March
Recently, the CryptoLogic Network, whose online poker sites include InterPoker and, until January 29th, Playboy Poker, announced that the move of all of its rooms to Boss Media will occur by the end of March. Read more »
New CEO Named To Head Svenska Spel
After a tumultuous 2008 for the company, the Swedish online gaming conglomerate Svenska Spel announced today that a new Chief Executive Officer for the company has been found. Read more »
Party Gaming CEO Discusses Future of Online Poker
The recent news in December of Party Gaming co-founder Anurag Dikshit's plea bargain with the U.S. Department of Justice thrust the company back into the spotlight. Now, in a recent interview with Financial Times, new Chief Executive Officer Jim Ryan has announced his plans for returning the company to the lofty perch it once held. Read more »
Hit the High Seas with Poker Tek
Automated poker tables may soon become a staple of Norwegian Cruise Lines. The company signed an agreement with the popular cruise line to install tables on the Norwegian Pearl for a 90 day test period. Read more »
CryptoLogic Partners with Orbis Technology
Gaming software leader CryptoLogic Limited announced Monday that it will partner up with Orbis Technology Limited, an industry leader in the provision of interactive gaming and betting solutions. Read more »
Harrah’s Refinances Short Term Debt, Resolves Cash Flow Issues
As the current economic downturn continues to bedevil companies worldwide, the previously thought "recession proof" industry of casino gaming has also been affected. The CEO of Las Vegas Sands Corporation, Sheldon Anderson, recently put $1 billion of his own funds into the organization that owns the Venetian in Las Vegas and suspended building projects at many of their locations. Read more »
PokerTek Moves Listing To NASDAQ Capital Market Board
PokerTek, the company responsible for the move towards the automation of live poker rooms around the world, announced last Friday that effective the start of trading on the NASDAQ exchange yesterday, the company's stock would now be listed on the NASDAQ Capital Market instead of the NASDAQ Global Market. Read more »
GigaMedia Net Profits Rise in Third Quarter
On Tuesday, GigaMedia Limited, which is the exclusive provider of software to online poker room Everest Poker, reported a 24% growth in consolidated net income to $12 million during the third quarter of 2008. The figure was up from $9.7 million during the same period in 2007. Read more »
CryptoLogic Announces Third Quarter Loss
Internet gaming software leader CryptoLogic Limited announced its financial results for the three months ending September 30, 2008. The company posted a net loss of $5.9 million, including a foreign exchange of $4.2 million, leading to a new strategic poker partnership with GTECH Corporation. Read more »
CryptoLogic Merges Online Poker Rooms with Boss
In a press release posted on Marketwire this morning, it was revealed that the online poker clients of the CryptoLogic Network will merge with Boss Media in the beginning of the 2009 calendar year. Sites on the CryptoLogic Network include Sun Poker, Playboy Poker, Interpoker, Classic Poker, Betsafe Poker, and William Hill. Read more »
Entraction Q3 Financial Figures Up in 2008
Recently, the Entraction Network released its financial figures for the third quarter of 2008. The numbers in Q3 2008 in comparison to the third quarter of 2007 were dramatically different, much to the delight of the company's investors and stakeholders. Read more »
