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Glu Mobile, Inc. Message Board

  • borisbear64 borisbear64 Apr 30, 2013 10:08 AM Flag

    watch for gaming revenue

    the elephant in the corner will be ANY HINT that the real money UK gaming is bringing in revenue...this was ignored in the last forward projections....pps would explode if the few weeks included in the reporting period show any actual revenue

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    • Online Poker Is Back (If You're In Nevada)
      By Caroline Winter

      April 30, 2013 Facebook Tweet LinkedIn Google Plus Email

      New Online Gambling Rules Might Bring Back Intrade

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      It’s a moment many American poker devotees have been waiting for: The return of online poker.

      Las Vegas-based Ultimate Poker opened its (virtual) doors today at 9 a.m. PST to deal thefirst hand of legal, real money online poker. The site, owned by Ultimate Gaming, will only accept wagers from players who are 21 and over, and physically located in Nevada. Though you need not be a resident of the state, you have to be inside its borders to play. According to the Associated Press, players must provide a Social Security number and a Nevada address.

      Online poker came to an abrupt halt in April 15, 2011—a day known in the industry as Black Friday—when the Department of Justice cracked down on the three biggest sites, shutting them down and freezing player accounts. Since then, some players have continued to play illegally, but with the risk that their money may be seized at any moment.

      This won’t be an issue in Nevada any more. “Players won’t have to worry if their money is safe,” Ultimate Gaming CEO Tobin Prior told the AP. “They are going to be able to play with people they can trust and know the highest regulatory standards have been applied.”

      Internet gaming has in fact been legal in Nevada, as well as Delaware and New Jersey, for some months, but it has taken a while for states and companies to get their ducks in a row and actually make legal sites

    • I doubt any gaming revenues but agree that if it happened the share price would likely skyrocket. I think the UK partner is a very small player now.

2.30+0.03(+1.32%)12:40 PMEDT