Online poker news
Today is the one-year anniversary of the launch of New Jersey’s regulated online gambling industry. It has significantly underperformed expectations, as it was projected to generate $1 billion in revenue but instead has only hit about one-tenth of that number. Nevertheless, it has still helped some of the casinos in Atlantic City and the state… Read more »
The deal had been known about for around a week, but yesterday NYX Gaming Group officially announced that it has acquired the Ongame Network from Amaya Gaming. This marks the second transfer of Ongame in two years. No specific dollar amount was given in the press release, but the purchase prices is said to be… Read more »
The New Jersey intrastate online casino created in a joint venture between the Pala Interactive and Atlantic City’s Borgata Hotel Casino & Spa has begun beta testing making it the first tribal internet casino to go live in the Garden State. The partnership between Pala Interactive and the Borgata was given the thumbs-up by the… Read more »
Starting January 1st, Playtech’s iPoker Network will implement a new method of attributing rake to each of its member rooms. Originally reported by PokerTube.com, the new method is called “Source Based Rake” (SBR) and is aimed at encouraging skins to recruit recreational players. Traditionally, the iPoker Network, as well as all other online poker networks,… Read more »
As we approach the Thanksgiving holiday, all three of the states that have regulated online gaming and/or poker – Nevada, New Jersey and Delaware – have or will pass their first year anniversaries. Of late, however, none of these markets has been the revenue driver that their respective states had hoped for. Delaware, the smallest… Read more »
After closing down its operations in the state of New Jersey just a couple of months ago, the parent company of Nevada’s Ultimate Poker, Ultimate Gaming, has decided to close its operations in Nevada effective immediately. “As has been the case in other jurisdictions, online poker revenues in Nevada have fallen far short of original… Read more »
If you are a company offering an online poker service, it might be a good idea, you know, just saying, to make sure your computer systems are setup properly. Caesars Interactive Entertainment recently learned this lesson the hard way, getting hit with a $10,000 fine by the New Jersey Division of Gaming Enforcement (DGE) for… Read more »
Throughout his run to the top of the leaderboard during the 2014 World Series of Poker Championship Event, the Netherlands’ Jorryt van Hoof has demonstrated excellent poker skills. There is one thing that he hasn’t sported in any of the ESPN broadcasts of the tournament and won’t show up on Monday when he attempts to… Read more »
In an interesting development out of New Jersey on Friday, the New Jersey Division of Gaming Enforcement (DGE) has granted conditional approval to an online gaming partnership between Marina District Development Company, LLC, which is the parent company of Atlantic City’s Borgata Hotel Casino & Spa, and Pala Interactive, LLC, a venture created last summer… Read more »
Residents of the state of California can now gamble for real money online. Before those of you out west shed tears of joy, though, this is not exactly the online poker explosion of which you have been dreaming. The Iipay Nation of Santa Ysabel has launched Desert Rose Bingo, a real money internet bingo site… Read more »
People were afraid that the purchase of PokerStars by Amaya Gaming would be the beginning of the end for the internet’s most popular poker room and as it turns out, they may be right. On Wednesday, the world’s largest online poker room made yet another customer-unfriendly change, announcing that it has raised the rake on… Read more »
The Equity Poker Network (EPN) announced on Friday that it has mutually parted ways with the 5Dimes Group. The Group, better known for its online sports betting than for internet poker, includes the sites 5Dimes.eu, Sportbet.com, IslandCasino.com, and Vietbet.eu. In a press release, an EPN spokesperson said, “We are happy with where the Network is… Read more »
While the New Jersey poker community waits with bated breath, the new Amaya Gaming-led PokerStars seems to be taking their time in making their grand entrance into the Atlantic City online gaming and poker industry. In September following the completion of the sale of the #1 online poker site in the industry to Amaya Gaming,… Read more »
PokerStars…Full Tilt Poker…partypoker…Adjarabet? We are used to seeing those first three names at or around the top of the charts in the online poker industry, but that fourth one? Most people probably don’t even know what Adjarabet is. As it turns out, according to PokerScout’s cash game traffic rankings, the Georgia-based online poker room (Georgia… Read more »
When Full Tilt Poker removed the likenesses of Gus Hansen and Viktor “Isildur1” Blom from its website, people started gossiping that something was up. It was. The two high stakes poker pros are no longer sponsored by the site. In a statement released to multiple media outlets, Full Tilt confirmed the departure of Hansen and… Read more »
In a stunning case out of the United Kingdom, a (formerly) sponsored online poker affiliate and World Series of Poker bracelet winner has been charged with several counts of online gaming fraud. The British newspaper the Grimsby Telegraph reported that British poker professional Darren Woods was charged with 13 counts of fraud and money laundering… Read more »
Online poker cash game traffic monitoring site PokerScout.com reported a two percent decrease in ring game activity last week. That is certainly not good. Or is it? As PokerScout notes, though, decliners beat advancers in the top ten six to four, there were twice as many sites and networks that saw their traffic grow in… Read more »
It appears that Betfair will survive in Atlantic City. For now. The New Jersey Division of Gaming Enforcement (DGE) has agreed to let Betfair house its online gaming equipment at Caesars after Betfair’s online gaming partner, Trump Plaza, closed less than a month ago. The regulations for online gaming in New Jersey state that all… Read more »
We knew it was coming. It was only a matter of time. Even so, it does feel a little strange. PokerStars now has casino games. Currently available only on PokerStars.es, PokerStars’ strong Spain-only site, if the pattern established with PokerStars’ Spin & Go’s follows, casino games will likely spread to the “dot com” site in… Read more »
On Tuesday, without any sort of advance warning, PokerStars and Full Tilt Poker, both under the Rational Group umbrella which is now owned by Amaya Gaming, withdrew from certain so-called “gray markets.” These countries, which have been reported by players to include Bangladesh, Iran, Malaysia, Nigeria, and Turkey, have laws that do not exactly make… Read more »
In early July, PokerStars launched its version of the popular Lottery Sit-and-Go, dubbed “Spin & Go,” on its Spanish site, PokerStars.es. It was a test run of sorts, giving PokerStars a chance to evaluate the game’s popularity before rolling it out worldwide. It appears the returns were positive and now the world’s largest poker room… Read more »
In May, partypoker launched its “Casual Cash Games,” designed for, you guessed it, the recreational player. While the internet poker world is great for grinders who want to maximize the number of hands they play per hour, not everyone wants to multi-table. The Casual Cash Games are made for these people. On Friday, partypoker announced… Read more »
According to players who hold affiliate accounts with the site, PokerStars has begun to purge long-standing affiliates from their roles. The question from many is why it is coming at this time. Many of these affiliates received e-mails yesterday from PokerStars that announced the termination of these agreements, which provided revenues to those affiliates for… Read more »
It is not the mainstream sponsorship that would be huge for an online poker site, but Nevada’s Real Gaming, the online poker presence of the South Point Casino, announced Monday that it has indirectly partnered with two popular brick-and-mortar retailers to give its players more options with which to fund their accounts. Real Gaming customers… Read more »
In past articles about this topic, I have said that it appears that the long saga of the frozen Full Tilt Poker funds dating back to April 15th, 2011, better known as Black Friday, is nearing an end. Well, it still appears to be nearing an end, it’s just that the end is drawing closer… Read more »
