Michael Phelps, one of the best athletes in the world, has dismissed the possiblity of competing in the pool again However, he will be competing in the felt against some of the world's most talented poker players at the World Series of Poker in Las Vegas So far, he has not cashed in his first tourney, a $5000 NLHE event, but he has plenty of time..

In business sometimes you have to take a step back in order to move forward This seems to be the case for the game developer giant Zynga, which has announced that it would rid itself of 18% of its employees (around 520 people) freeing up some much needed cash ($70 to $80 million before taxes) In a coincidental twist, during the first quarter of..

According to pregamecom, boxing champion Floyd Mayweather, was very keen in seeing Miami Heat beat the Pacers in Game 7 of the Eastern Conference finals as he bet almost $6 million in the gameAlthough Mayweather did not confirm the bet, a good source from the heavy-hitter's crew in Vegas confirmed that the champ placed a $5,900,000 bet on Miami..

It was announced in January that two London based developing gaming sites, Gamesys and Virgin Games, are establishing a long term alliance to promote real money and social gambling projects world wide using the Virgin brandConsequently, Gamesys removed all competitive implications from opposing software developers such as Net Entertainment,..

Global leader in creating and providing technology innovations to the gaming industry, International Game Technology (IGA), has signed an alliance with Maltese sports betting operator, BetssonThrough this partnership, Betsson will raise the online and mobile offerings Games such as Cleopatra and Da Vinci Diamonds, 100 Pandas, Monopoloy Plus among..

Only 13 years after the company was established, the founder of Bet365 online gaming, Peter Coates, will join the list of billionaire's in the United Kingdom Him and his family are estimated to worth £925 million, UK's first gambling billionairesIn a crumbling construction in Stoke-on-Trent, Bet365 was created in 2000 by Mr Coates who..

After the results of a Spanish league game between Deportivo la Coruna and Levante, Chris Eaton, former head of security at FIFA, will ask the European ministers for a major involvement in an issue that concerns all The game played on April 13, ended with a score of 4-0 for Deportivo leading Levante’s Javier Barkero, doubt his team-mates of..

An increase in the market for casinos will be the immediate response if the legislation to allow online poker gambling in the United States is approved by Congress According to the American Gaming Association (ASA), if the bill is accepted, this industry will achieve $10 billion in return by 2017 So far, $4 billion has been spent on illegal..

By 2015, the online gambling state monopoly in the Netherlands will deal with competition as the country is planning to expand its online gambling market However, strict requirements and conditions will be faced by poker rooms, sportsbooks and online casinos operators in order to apply for this new legislation such as contributions to promote..

According to John Papas, Director of the Poker Players Alliance, a new federal online poker bill will begin to run the next month of June He states that supporting an internet casino and poker bill has requiered a strong effort as the legislation has slowly advanced on a state level Federal lawmakers try their best in creating a bill where all..

Denmark is reckoned to be a nation where online gambling is considered an example of a responsible and regulated industry One of the reasons of its success relies on the country's demographics The average age of forty years old, represent an ideal market for betting services and an option to alter a busy lifestyle in a non-traditional but..

SBTech has closed a big deal with Serbian leading sports betting operator Maxbet to become their sports software provider Not only does SBTech guarantees an expansion into the Serbian market but also further into the Republika Srpska, Romania, Federation of Bosnia and Herzegovina SBTech will substitute MaxBet's actual system provider offering a..

The concerns sorrounding Lock Poker regarding cashouts and transfer issues by players over the last year, has lead several professional players to decide to leave the room Lock's pro team players Chris Moorman and Paul Volpe were determined to abandon the site a couple of weeks ago due to the site's problems A few days later, other team players..

A local media announced on Tuesday that the Singaporean authorities will set up a casino visit limit regulation in order to control the number of visits by residents considered to be financially vulnerable The new measure will come into place from June 1Visit limits can be applied in several ways, such as: residents may request to the National..

The legislation that will allow once again online wagering platforms to receive bets on horse racing from Illinois residents and that will control the administration of money collected from Illinois 10th Casino in Des Plaines succeeded in the House of Representatives this Sunday Since January, Illinois residents haven't been able to place bets..

Professional poker players are starting to prepare themselves for the 44th edition of the World Series of Poker The tournament, which begins today, will start off with the "$500 casino employees" event A $5,000 no-limit hold'em eight-max tournament is also today's first open buy-in event of the summer As many professional players make their way..

As part of a preventive measure to control players from becoming addicted to online gambling, Facebook has accepted to stop online gambling adverts to Dutch users Facebook has taken the right steps to adjust to the Dutch legislation that doesn't permit illegal gambling encouraging sites As for today, the Dutch Betting and gaming Act (wok) does..

Gibraltar licensed firm, 888 Holdings, will prolong its sponsorship of the PGA EuroPro Tour for an extra season 888 Holdings, established in 1997, runs various high-profile gambling websites Cassava Enterprises, the company's subsidiary, possesses close to fifty percent of the parent-company through family trusts An eleven percent is owned by..

Las Vegas Sands, the casino involved in the construction of the mega-casino complex Eurovegas, has announced it has a new accountancy company Back on April 29th, PricewaterhouseCoopers broke its relationship with Sheldon Adelson's company As reported by 'Cinco Dias' news, from now on Deloitte will be in charge of this task and it has already been..

Broadcasting live betting odds during live sports events will be a thing of the past in Australia now that new rules have been put in place to keep the enjoyment and watching of sports on TV segregated from the practice of gambling Autralia's Prime Minister, Julia Gillard, has said that government will order all broadcasters to change and fix..