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Poker Business News From Europe

by Card Player News Team |  Published: May 01, 2010

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Estonia Gets First Regulated Online Poker Site The Olympic Casino group has launched the first regulated and licensed online poker room in Estonia. The new site is on the iPoker network and the license was granted to Olympic Eesti on Jan. 21 by the Estonian Tax and Customs Board. Revenue from the online poker room, which will be accompanied by a casino, will be taxed by the Estonian government. Harrah’s May Go Public Again Chief executive officer of Harrah’s Entertainment, Gary Loveman, spoke in February of the potential for a possible initial pubic offering (IPO) of the company in 2013. Harrah’s Entertainment, owner of the World Series of Poker, turned private in January 2008 when it was bought by the Texas Pacific Group and Apollo Global Management for $90 a share in a deal worth $17.1 billion. However Loveman says the likelihood of this would probably depend on the state ...


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