Recent news reports claim that the popular news site called PokerNews may soon be up for purchase. Rumors circulating this claim that the poker news site will be purchased by PokerStars. A news article on Poker Listings talks of a possible buy-out between PokerStars and PokerNews. PokerNews could very well be on its way to becoming integrated into “team” PokerStars. The poker media outlet has not been doing well for the last year or so, especially since the Black Friday on April 15 2011.
According to reports, the financial trend that the news site has been on for the past year or so has been worrying, considering that the news outlet has made staff cuts and has been accepting low cost advertising from substandard customers, in an effort to get back on top. However, the news site has a long standing relationship with PokerStars and its support of the poker room has been going strong for years. What’s more, the PokerStars blog has always been a host for PokerNews live updates, while the online poker company has more than just a small space on PokerNews.
As of now, the bond is strong and healthy and many in the poker community will not be surprised if PokerNews decides to be part of team PokerStars. Since Black Friday, both companies have taken a beating, with the once powerful PokerStars struggling to make a comeback to the poker world. Taking into consideration that both the companies have something to give each other, the bond would signal good news for both the ailing companies.
PokerNews is a popular poker news site but no longer enjoys the same hits as before – ever since the criminal indictments were issued against all online poker companies in the United States. This meant lesser to writer about, especially when the biggest names in the poker world namely – Absolute Poker, PokerStars and Full Tilt Poker – came to a grounding halt. Ever since the fall of poker in the United States, PokerNews has tried in desperation to grab on by using other means of support. PokerNews was last heard stooping its lowest, when it featured a banner for the site AshleyMadison.com, which resulted in nothing but bad publicity.
The poker community has hopes that PokerStars will take over PokerNews, as the move will certainly benefit both companies. PokerNews is not PokerStars’ first media outlet they plan to acquire. PokerPages.com was acquired last year by PokerStars.com and features only PokerStars banners.