Joss Wood, Author at Online Poker Report - Page 2 of 5

All posts by Joss Wood

Caesars Q2 Results Don’t Impress Investors Despite Sports Betting Expansion
By Joss Wood on August 1, 2018
Investors reacted badly to Caesars Q2 2018 results, but the company is in a good position to benefit from the expansion of state regulated sports...
Penn National Getting Laced Up For Online Gambling In Pennsylvania
By Joss Wood on July 26, 2018
The CEO of Penn National laid out the timeline for Pennsylvnia online gambling and sports betting during Thurday's earnings presentation.
Quebec Superior Court: Blocking Online Poker Sites Unconstitutional
By Joss Wood on July 25, 2018
Quebec heads back to the regulatory drawing board after the Superior Court rejects its plans for ISP blocking. Foreign operators breathe a sigh of relief.
Kindred Group Reports Growth For Online Poker, Ambitions For US Market
By Joss Wood on July 25, 2018
Unibet Poker owner Kindred Group reported record-setting Q2 revenue and a strong appetite to expand into the US market across mutiple verticals.
PA Online Poker And Gambling Ready For Takeoff: Nine PA Casinos Apply For Full Licenses
By Joss Wood on July 17, 2018
PA regulators have received nine applications for online interactive gaming licenses at a price of $10 million each. PokerStars, 888 and PartyPoker all looked headed...
Pennsylvania Online Poker And Casino Are Definitely Coming As First License Applications Roll In
By Joss Wood on July 16, 2018
There are now three online gaming license applications in Pennsylvania. Of most interest to poker players, Mount Airy is partnered with 888 and is likely...
From Full Ahead To All Stop On Stars Group Takeover Of Sky, As UK Puts On Brakes
By Joss Wood on July 13, 2018
The UK Competition and Markets Authority has called a pause to The Stars Group acquisition of Sky Betting and Gaming pending an investigation.
Ocean Resort Casino Launches Online Gambling In New Jersey
By Joss Wood on July 12, 2018
Ocean Resort has launched its online casino in New Jersey. Limited hours and limited game selection during soft launch, with no online poker and sports...
The Stars Group Is Now The Largest Public Online Gaming Company After Completing Sky Betting Deal
By Joss Wood on July 10, 2018
The Stars Group has completed its acquisition of Sky Betting and Gaming making it the largest publicly quoted online gaming company in the world. The...
Svenska Spel’s Online Poker Monopoly In Sweden Is Coming To An End
By Joss Wood on June 27, 2018
It has been nearly five years since the EU Commission told Sweden that its gambling laws contravened EU law, but finally the country has bowed...
The Stars Group Share Sale Has Raised The Cash It Needs To Buy Sky Betting & Gaming
By Joss Wood on June 26, 2018
The Stars Group has closed its latest share offer after raising the funds it needs to buy Sky Betting & Gaming. With cash in place...
The Stars Group Sees Stock Hit All-Time High On Heels Of Q1 Results
By Joss Wood on May 10, 2018
Stars Group CEO Rafi Ashkenazi is having a good day. This morning, May 10, saw shares in the company formerly known as Amaya hit a...
Stars Group Acquisition Of Sky Betting Is CEO Ashkenazi’s All-In Moment
By Joss Wood on April 25, 2018
The Stars Group purchase of Sky Betting and Gaming for $4.7 billion puts massive pressure on CEO Rafi Askenazi to make a return on the...
Is Stars Group In The ‘Strongest Position In Its History’ After Releasing 2017 Full-Year Results?
By Joss Wood on March 14, 2018
Stars Group financial results for 2017 hit management targets and promise six to 12 percent growth in 2018.
888 In New Letter: PA Should Allow Online Casinos To Offer Multiple ‘Skins’
By Joss Wood on March 2, 2018
888 has written to the Pennsylvania Gaming Control Board to make the case for casinos to be allowed to operate multiple online gaming branded websites.
‘Monopoly’ No More? Sweden Set To Open Up Offshore Gambling Sites To Licensure
By Joss Wood on April 28, 2017
A new government report recommends that Sweden's monopoly over online gaming should end. Online gambling licenses could be issued by the first half of 2019.
The Wrong Tax Rate For PA Online Gambling Would Mean Black Market Sites Would Still Dominate
By Joss Wood on April 21, 2017
Pennsylvania politicians face failing their constituents if they ignore international evidence and press on with a 54 percent tax rate for online gambling.
Is Legal Online Poker Coming To Germany? GVC Is Optimistic Because Of Country’s Illegal Gaming Laws
By Joss Wood on April 5, 2017
The latest amendments to German gambling laws are illegal, which gives GVC's CEO confidence that their replacement will license and regulate online poker.
Amaya’s CEO Wants Time To Focus On The Future Of The Business—Including Sports Betting Acquisitions
By Joss Wood on March 30, 2017
Amaya CEO Rafi Ashkenazi says he will be on the lookout for acquisitions in mid-2017, with top priority given to sports betting. Will Amaya go...
PokerStars Gives Up On Using Sports Stars As Part Of Its Marketing Strategy
By Joss Wood on March 28, 2017
PokerStars is either dropping Neymar Jr and Ronaldo from its marketing strategy or giving them less emphasis. Both options imply a new advertising strategy.
Amaya 2016 Results: Poker Declines Slightly, Casino And Sportsbook Growth Compensates
By Joss Wood on March 23, 2017
Amaya's 2016 results show online poker revenues slightly down, but CEO Rafi Ashkenazi has plans to grow the vertical in 2017--and Amaya will get a...
Australia Passes Gambling Amendments To Restrict Unlicensed Online Poker – PokerStars Exit Is Imminent
By Joss Wood on March 21, 2017
Australia's Senate has voted in favor of changes to the gambling laws that will lead to the market exit of PokerStars and other good online...
Betfair On Verge Of Profitability In NJ Online Casino Market
By Joss Wood on March 8, 2017
PaddyPowerBetfair's positive news about New Jersey online gambling profitability indicates that the DGE regulatory model is no deterrent to market entry.
888 Poker Bails Out Of The Australian Online Poker Market – Will PokerStars Follow Suit?
By Joss Wood on January 17, 2017
888 is out of the Australian online poker market and despite the revenue pain, PokerStars is likely to follow suit very shortly.
David Baazov’s Bid To Take Amaya Private Is A No-Go: What Caused Talks To Break Down?
By Joss Wood on December 20, 2016
Amaya's board demanded a higher price than David Baazov was prepared to offer. The Board must now produce growth to create shareholder value.

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