PokerStars has become the latest operator to confirm its exit from the Norwegian market. Last week, the company began proceedings, informing Norwegian customers of its pending departure. The online poker room will cease its offering on 26 October. The flagship poker room of Flutter Entertainment is joining competitors bet365, Kindred, ComeOn, and Betsson in withdrawing from the market. PokerStars confirmed …
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Flutter rebrands PokerStars VR as part of ‘full-scale overhaul’
Flutter has revealed that it has rebranded its PokerStars VR to Vegas Infinite as part of a ‘full-scale overhaul’ of the free-to-play social casino videogame. The virtual reality (VR) product – created by its PokerStars brand – will now include a new and bespoke 3D virtual cityscape as players utilise Vegas Infinite’s personal player suites, luxury casinos and exclusive rooftops …
Read More »PokerStars aids White Hat Studios in expanding US reach
PokerStars has linked up with White Hat Studios as the latter delivers its online casino content across all regulated US markets. White Hat titles – such as Peaky Blinders, Masters of Atlantis, and Almighty Buffalo Megaways – will be available to all players on the Flutter-owned brand’s online casino across the country. Daniel Lechner, VP of Sales and Marketing at …
Read More »‘High ambitions’ for PokerStars as it joins Portuguese market
The Portuguese Online Betting and Gambling Association (APAJO) has announced Flutter Entertainment’s PokerStars as its newest affiliate member. As one of the first brands launching in the Portuguese regulated market, PokerStars joins forces with other sportsbooks within the APAJO such as Betano, Betclic, Bwin, Casino Portugal, ESC Online and Solverde.pt. João Saraiva, Planning and Strategy Manager for Portugal at PokerStars, …
Read More »Flutter settles $4m SEC fine for PokerStars’ Russian connections
The Securities and Exchange Commission (SEC) has disclosed that Flutter Entertainment has agreed to pay a $4m fine to settle violations of the US Securities Exchange Act. The settlement was disclosed this morning by the SEC, and relates to Exchange Act breaches committed by Flutter’s igaming subsidiary PokerStars business activities within Russia. An investigation by the US financial markets watchdog …
Read More »PokerStars renews winning formula with Oracle Red Bull Racing
PokerStars will continue to promote its global brand via Formula One, having agreed to extend its sponsorship of the Oracle Red Bull Racing team for the 2023 F1 season. The sponsorship extension was secured ahead of the start of a new F1 season which began this weekend at the Bahrain Grand Prix won by Oracle Red Bull Racing’s Max Verstappen. …
Read More »Industry’s ‘extraordinary’ diversity achievements celebrated ahead of IWD2023
In line with International Women’s Day 2023, top organisations in the betting, gaming and racing industry are supporting a campaign to embrace equity. Under the #GamingAsOne hashtag, BetMGM, Betsson, Entain, Kindred, LeoVegas, Paddy Power Betfair, Penn Entertainment, PokerStars and Sportsbet are among the operators supporting the campaign, alongside suppliers such as Games Global, IGT, Light & Wonder, Microgaming and Playtech. …
Read More »Flutter completes home market review with redundancies below forecasts
Flutter Entertainment has notified that fewer than 200 staff have been made redundant, having completed the restructuring exercise of its UK and Ireland unit. This summer, the FTSE100 gambling group informed investors that it would review its operating structure required to service its home market portfolio of Paddy Power, Betfair and Sky Bet brands. Authorised by group leadership, the restructure …
Read More »PokerStars drops True Geordie Showdown in response to racial slurs
PokerStars has confirmed that it will no longer work with social media personality Brian ‘True Geordie’ Davis to promote its online content and live streams. The popular YouTuber has faced backlash for Islamophobic slurs made against controversial social media personality Andrew Tate. Responding to a challenge to fight Tate, Davis mocked Tate’s recent conversion to Islam on a live stream …
Read More »Flutter stands by global recreational focus ahead of H2 turnaround
Flutter Entertainment has reported difficult first-half trading, as the FTSE100 betting group widened its year-on-year operating losses to £112m (H12021: £86m). Publishing its H1 2022 interim results, Flutter stated that earnings and profit reflected a period of known regulatory and macroeconomic challenges, highlighted by leadership at the start of the year. Period trading saw the group continue to register headline …
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