Flutter, the parent company of PokerStars, is paying out a $4 million fine to the Securities and Exchange Commission (SEC) for violations of US anti-corruption laws relating to the company's business practices in Russia. The violations were of the legacy variety and occurred mostly before Flutter acquired Pokerstars' parent the Stars Group back in 2019.…
When Toronto's regulated sports betting market opened at the beginning of this month, gaming industry observers predicted that it would grow into one of the largest sports betting markets in North America. Given those stakes, it's not surprising to see established gaming brands aggressively courting every local partner they can grab to help build market…
PokerStars is teaming with Women Who Code in an effort to help boost female representation both in the company's own workrooms and the industry as a whole. It's the first time Women Who Code has partnered with a gambling operator of any kind (though it's an effort that's long overdue industry-wide). Based in the Isle…
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, 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…
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 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 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…
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…
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…
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