The CEO of Caesars Entertainment Gary Loveman wrote an Article last week talking about his desire for online poker to be completely legal and fully regulated in the United States. In the article entitled Online Poker: Legalize it!!", Loveman said that the recent indictments of the founders of Full Tilt Poker, PokerStars, and Absolute Poker, and the seizure of their domain names might actually … [Read more...]
YouPorn.com One Of The 100 Most Visited Site On The Net Is Sold
According to Xbiz.com, One of the most visited sites in the world has just been sold. YouPorn.com has an Alexa rank of 81, being the 81st most visited site on the net. Compete.com shows the site as receiving almost 10,000,000 monthly visitors. "The buyer of the site is Montreal-based Manwin, which owns Brazzers among many other blue-chip brands in adult entertainment, also said it … [Read more...]
FriendFinder Pulls Down FacebookofSex.com
FriendFinder Networks, Inc., has pulled down the site FacebookofSex.com over which Facebook filed suit over two weeks ago. The domain name now goes to a page saying the "site has been deactivated and if you are an existing member you can log in". I'm not sure where the log in will take you because I'm not a member, but maybe someone out there can let us know. FacebookofSex.com is ranked … [Read more...]
Fallout From Poker Domain Seizures & Indictments; ESPN Pulls Plug On Poker Shows & Commercials
In the wake of last weeks federal indictments against three big Internet gambling companies, ESPN has temporarily removed all advertising and programming from its schedule, including the "The World Series of Poker." ESPN said in a statement, "For the immediate future, we are making efforts to remove related advertising and programming pending further review." BluffMagazine.com reports … [Read more...]
Poker Stars Issues Statement On Domain Seizure: US Market Is 50%
According to onlinepoker.net, Poker Stars has issued a statement, the first since the domain seizure took place on Friday. PokerStars has already switched its online operation to pokerstars.eu. The article points out that the US market represented 50% of Poker Stars customer base. Here is the statement: “As you may have heard, we have had to suspend real money poker services to … [Read more...]
TechCrunch: SocialMedia.com Acquired For $3M: SocialMedia’s Biggest Asset Today Is Probably Its Domain Name
According to TechCrunch.com the site SocialMedia, was purchased today by LivingSocial.com for $3 million, all in LivingSocial stock. "SocialMedia’s biggest asset today is probably its domain name." said TechCrunch.com Interesting to see that a company that raised millions of dollars in VC money at the end of the day's most valuable asset is its domain name. … [Read more...]
Washington DC Becomes First Jurisdiction In The US To Legalize Online Gambling
According to gambling911.com, Washington, D.C., has become the first jurisdiction in the United States to legalize online gambling. "The Associated Press reported late Tuesday that permitting online gambling was part of a 2011 budget and a 30-day period for Congress to object expired last week, said D.C. Council, member Michael A. Brown, who authored the provision." "There was really no … [Read more...]