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Tracy Scala Joins UltimateBet Star Players Team

Miami, FL (PRWeb) August 28, 2008 – UltimateBet ( today announced the addition of acclaimed online poker player Tracy Scala to its newly formed Star Players Team. "With unmatched integrity, consistent wins under his belt and an undisputed high level of skill, Tracy Scala represents everything a Star Player should be," stated Annie Duke, UltimateBet's Cardroom Consultant. The 38-year-old father of two cites his family as his biggest achievement to date. But it's his consistent performance in online poker ... Read more

Growth Continues at Party Gaming; Plans for Future (Update)

August 29, 2008 (InfoPowa News) -- Party Gaming plc's much anticipated half yearly results were released this week, showing revenue growth in all areas as the online gambling firm continues to rebuild following the depredations of UIGEA and its exit from the US market.  Revenues in the first half of 2008 rose 17 percent to $254.8 million in line with market expectations, up from $217.4 million in H1: 2007.  Party Poker was the star performer in the group, contributing over ... Read more

High Stakes Internet Poker Star in Hot Water

August 29, 2008 (InfoPowa News) -- Causing ripples in online gambling circles this week is an admission and an apology from respected high stakes, cash game player Brian "sbrugby" Townsend (26) that he has been guilty of multi-accounting, a cardinal sin expressly forbidden by online poker sites where he plays like PokerStars and Full Tilt. Using the handles aba20 on Poker Stars and sbrugby on Full Tilt, Townsend 'fessed up to playing as Makersmark66 in low stakes games at PokerStars, and ... Read more

Profit Predictions Can Get Expensive

August 29, 2008 (InfoPowa News) -- When the management of Australian gaming machine manufacturer Aristocrat Leisure made an overly optimistic forecast on the company's profits back in 2001 and 2002, it could not have foreseen the angry reaction of shareholders ... and the final cost of the blunder. This week the company settled Australia's biggest shareholder class action for A$144.5 million (US$125.7 million), a court heard. Some 4,000 shareholders sued, claiming the firm overstated its profits and issued a subsequent profit forecast ... Read more

Titanic Prize-Pool Boosts Satellites

August 29, 2008 (InfoPowa News) -- iPoker Network online poker site Titan reports that with its largest yet online guaranteed prize tournament now less than two weeks away, it is making 50 seats available through a major satellite this weekend. The winners of the seats get to compete in the $2,500,000 Guaranteed Prize tournament on September 7, 2008. "This is an exciting eleventh-hour opportunity for players who have not yet secured their seats to the online tournament of a lifetime. Low ... Read more

Tote Ireland Goes International

August 28, 2008 (InfoPowa News) -- The state-owned gambling system at Irish race courses is linking up with the world's biggest online betting exchange, Betfair. The Tote system, traditionally only available at track-sides, will now be available to more than two million customers around the globe via Internet through the Betfair site. The deal between the state-controlled Horse Racing Ireland and the Internet betting company is widely seen as a significant development in the industry. Alexis Murphy, Tote Ireland chief executive, ... Read more

Paddy Power and Liverpool FC Reunited

August 28, 2008 (InfoPowa News) -- Having parted company two seasons ago, Paddy Power plc and Liverpool FC came together again this week in a new sponsorship deal that replaces Liverpool's most recent agreement with rival online betting group Unibet. Matt Cunliffe, customer acquisitions manager for Paddy Power, said his company was pleased to team up again with the Champions League finalists, adding, "We're delighted to be working with Liverpool again. The partnership was as successful commercially as Liverpool were on ... Read more

Entraction Reports Rise in Profits for First Half of 2008

August 28, 2008 (InfoPowa News) -- Entraction, the Swedish betting group formerly known as 24hPoker, has joined the growing number of public companies reporting good online casino results. In its half -yearly report this week, casino revenues were the stars of the reporting period, showing a gain of 285 percent to SEK 26.3 million (H1 2007: SEK 6.9 million) The group's net profits rose to SEK 15.8 million for the six months to June 2008, up from a loss of SEK ... Read more

BetonSports Founder Makes Another Bid for Freedom

August 28, 2008 (InfoPowa News) -- Having failed to secure release from custody on bail due to health problems, BetonSports founder Gary Kaplan's legal representatives renewed their application for his release on Speedy Trial Act grounds this week.  Almost seventeen months in detention without trial proceedings is excessive, suggest the lawyers, an argument that could apply to the former CEO of the now moribund company David Carruthers who has been under house arrest in St. Louis even longer. Magistrate Judge Mary ... Read more

Vancouver Sun Reports Bodog Empire "Continues to Crumble"

August 28, 2008 (InfoPowa News) -- The controversial Bodog group remained in the headlines this week following allegations that the company was in trouble and cutting hundreds of jobs in Canada (read previous story here). In sharp contrast to a very positive statement given to InfoPowa by Morris Mohawk Group's CEO Alwyn Morris earlier in the week, Vancouver Sun writer David Baines claimed that the Bodog online gambling empire "continues to crumble." Baines bases his report on a number of factors -- ... Read more
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