Rio All-Suite Hotel & Casino, Home of World Series of Poker, Sold for $516.3 Million

Rio All-Suite Hotel & Casino, Home of World Series of Poker, Sold for $516.3 Million Thumbnail

Caesars Entertainment Corporation announced on Monday morning the news that the poker world has long known (or thought) was coming: it has sold the Rio All-Suite Hotel & Casino in Las Vegas, home of the World Series of Poker. The buyer is an unnamed company “controlled by a principal of Imperial Companies.” The total sales… Read more »

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Microgaming Poker Network to Shut Down in 2020

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In a surprising statement to the online poker community, the Microgaming Poker Network, according to their managing director, will be shutting down. The closure of the longtime online poker venture will occur at some point in 2020, probably in the mid- to late stages of the year. MPN Looks to Stave off a Run on… Read more »

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New Jersey Enjoys Another Record-Breaking Month for Online Gaming; Poker? Well…

New Jersey Enjoys Another Record-Breaking Month for Online Gaming; Poker? Well… Thumbnail

It seems as though there is nothing that will stop the steamroller that is the New Jersey online gaming industry. After smashing records in July with their “take” – revenues from the games – the Garden State’s online gaming industry came back in August and crushed their newly set record. There remains one issue, however…the… Read more »

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Major Investment Bank Downgrades Major Online Gaming Stocks

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A major investment bank has taken the surprising step of downgrading the “price targets” – or the future price of a stock – for several of the top performing online gaming and poker sites. The reason? The improvements in technology have become so good that it allows for artificial intelligence – or “bots” – to… Read more »

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PokerStars Caribbean Adventure is No More

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Yesterday The Stars Group, the ownership behind the monolithic PokerStars in the online poker world, announced some of the changes in their 2020 PokerStars Players’ Championship (PSPC) that will come up next August in Barcelona. Buried in the depths of that interview, PokerStars has announced that, after a 15-year run, that the PokerStars Caribbean Adventure… Read more »

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2019 WPT Legends of Poker Final Table Set

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Three days down, one to go. The six-handed final table has been set at the 2019 World Poker Tour (WPT) Legends of Poker Main Event. The chip leader going into Wednesday is Gueorgui Gantchev with 5.560 million chips. As we discussed yesterday, the top of the leaderboard was jam-packed going into Tuesday’s action. Two players… Read more »

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Phil Ivey’s 2019 WSOP Winnings Garnished by the Borgata

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In just the latest salvo in the ongoing war between poker professional Phil Ivey and the Atlantic City casino the Borgata, Ivey’s winnings at the 2019 World Series of Poker have been garnished and are in the hands of federal authorities. By taking this action, the state of Nevada and its businesses are officially endorsing… Read more »

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Early Reports in On Pennsylvania Online Gaming, New Jersey’s Industry Storms Forward

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No matter what your position regarding online gaming and poker, there’s only one thing that matters to politicians who have passed regulations regarding the industry – how much money are the online sites bringing in? There are early reports in on the burgeoning Pennsylvania online gaming scene – albeit sans online poker – as the… Read more »

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PokerStars Cuts Cash Game Multi-Table Cap to Four

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PokerStars stunned the poker world on Tuesday when it announced that it is capping the number of simultaneous cash game tables at which one can play at just four. This number, down from 24, applies to “regular” cash game tables. Zoom Poker games and tournaments are unaffected. PokerStars liked what it saw in tests The… Read more »

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