PokerStars signs on as Formula 1 betting partner

PokerStars is signing on the official sports betting partner of Formula 1 in a move that will provide the well-known gaming brand even greater international exposure. It's an arrangement that was brokered through the data rights partner, Interregional Sports Group (ISG) and is set to last through 2023. Under the terms of the deal, PokerStars…

Ian Scheinberg, PokerStars founder surrenders to DOJ

Ian Scheinberg, the 73-year-old founder of PokerStars, surrendered to US Department of Justice officials on Friday. His entry into the US legal system marks what could be the final chapter in the long, winding story of Black Friday and the collapse of the online poker boom that forever altered the shape of online gambling in…

Black Friday revisited: PokerStars’ Isai Scheinberg surrenders

PokerStars founder Isai Scheinberg flew to New York late last week to attend to some unfinished business he'd been neglecting for the past decade or so. Scheinberg was the last remaining fugitive from the Black Friday scandal that turned the online poker industry on its ear, upending the lives of players, and employees, in the…

Black Friday revisited: PokerStars' Isai Scheinberg surrenders

PokerStars founder Isai Scheinberg flew to New York late last week to attend to some unfinished business he'd been neglecting for the past decade or so. Scheinberg was the last remaining fugitive from the Black Friday scandal that turned the online poker industry on its ear, upending the lives of players, and employees, in the…

PokerStars Sunday Million Tournament Hit with Tech Troubles

PokerStars' Sunday Million tournament is a mainstay of the online poker world drawing players from across the globe to compete for a pot that usually exceeds a million dollars. Last week, however, the tournament devolved into chaos as server problems, possibly caused by hackers, plagued the event. Making matters worse, many players complained that the…

Baazov Wields PokerStars Deal in Attempt to Dodge Insider Trading Charges

David Baazov, the embattled former Amaya Gaming CEO, is telling a Canadian judge that there's no way he could have engaged in insider trading in the massive PokerStars deal because he didn't think it would even happen. Undercutting one of your greatest business successes is a novel way of avoiding the law, but Baazov and…

UK Ad Regulators Don't Think PokerStars Bluffing Ad is Funny

PokerStars' UK division is under fire from the UK Advertising Standards Authority (ASA) for an advertisement implying that inexperienced poker players can survive, and even thrive, by simply bluffing their way to success. Earlier this week, the ASA banned the ad in response to several complaints that it made playing poker look a whole lot…

Aussie Operator CrownBet Acquired by Stars Group

Stars Group, the Canadian based parent company of PokerStars, is now the majority owner of the Australian sports betting company CrownBet. The deal was sealed yesterday when Stars Group announced that it had purchased 62 percent of CrownBet Holdings Pty Ltd for $117 million (USD). CrownBet's parent company, Crown Resorts has been in the process…

PokerStars Exits Colombian Market

PokerStars has exited the Colombian online gambling market, citing over regulation and their inclusion on a governent blacklist as the main factors. The company's exit from a potentially lucrative market, and its battles with an entrenched bureaucracy illustrate the challenges operators face as they enter emerging gambling markets. News of PokerStars' Colombian exiting began spreading…

Trial Date Set for Former PokerStars CEO

A Quebec judge has set a November 20 trial date for former PokerStars CEO, David Baazov. Baazov is accused of spearheading an insider trading scheme that involved several of his close associates and millions of dollars. Quebec Court Judge Claude Leblond informed Baazov of his date with destiny during a hearing on Tuesday. The trial…