ONLINE POKER GIANT Party Gaming and Bwin have finally settled on an merger agreement yesterday. Bwin will now own the majority share. Bwin will receive 51.6% of the new company while PartyGaming’s share is 48.4%. The combined market cap of the two companies is approximately €2.7 billion. Total revenue in 2009 was €682 million for [...]

The competition is divided into seven levels. At each level, players will need to play 400 hands in a day with the most profitable players advancing towards the final table which takes place on 7th May. Level 1: Stakes: 0,50$/1$ no-limit Hold’em – 5th to 9th April (five days) Level 2: Stakes: 0,50$/1$ no-limit Hold’em [...]

PartyGaming, the owners of Party Poker, say they will continue lobbying in America despite increasing fears that US online poker licenses will be granted only to domestic operators if Washington, DC repeals the UIGEA online gambling bill. Senator Robert Menendez’s recent Internet Poker and Games of Skill Regulation, Consumer Protection and Enforcement Act contains a [...]