Archive | Online poker

Senator Reid Supports Banning Online Gaming

Senator Reid Supports Banning Online Gaming 300x200 Senator Reid Supports Banning Online GamingAccording to the Las-Vegas Review-Journal, Sen. Harry Reid said that Congress next year will take up legislation to outlaw Internet gambling, and he plans to support a ban while trying to gain an exemption for online poker.

“I think there will be efforts made to get rid of the Wire Act,” Reid is quoted in the report.

Billionaire casino owner, Sheldon Adelson, is an opponent of Internet wagering, and there was a failed effort to lobby House and Senate leaders to place a prohibition on online gambling into a year-end spending bill. But Adelson may still get what he wants in the end.

Continue Reading

Posted in Announcements, News, online gambling, Online poker, Regulations0 Comments

Place Your Bets: California Proposal to Increase Online Poker Purveyors Draws Fire from PPA and Tribal Coalition

Place Your Bets California Proposal to Increase Online Poker Purveyors Draws Fire from PPA and Tribal Coalition 300x164 Place Your Bets: California Proposal to Increase Online Poker Purveyors Draws Fire from PPA and Tribal CoalitionThis news just in: The proposed online poker legislation (AB9) introduced by California Assemblyman Mike Gatto is drawing fire from the Poker Players Alliance (PPA), a tribal coalition, and PokerStars.

“California online poker would bring in much-needed revenues to the cash-strapped Golden State, which is why Assemblyman Mike Gatto introduced AB 9 this week,  AKA the Internet Poker Consumer Protection Act of 2015,” noted CardsChatNews.

Continue Reading

Posted in News, online gambling, Online poker0 Comments

Closed for Business: Betfair Shuts Down NJ Poker Site

Closed for Business Betfair Shuts Down NJ Poker Site 300x300 Closed for Business: Betfair Shuts Down NJ Poker SiteIf you were hoping to play online poker on Betfair’s site in New Jersey today, you’re out of luck.

Betfair has officially closed its New Jersey poker site.

According to the online gaming giant, however, the closure has nothing to do with its New Jersey casino site or other operations outside of the U.S.
Continue Reading

Posted in Announcements, News, online gambling, Online poker0 Comments

Time to Re-tool That Marketing: Online Poker Revenues Dropping in New Jersey

Time to Re tool That Marketing Online Poker Revenues Dropping in New Jersey 300x164 Time to Re tool That Marketing: Online Poker Revenues Dropping in New JerseyThe New Jersey Division of Gaming Enforcement is painting an abysmal portrait of the state of online poker in New Jersey, corroborated by new data put forward by the team at PokerFuse.

For the first time in New Jersey’s eleven month online gambling run, revenues dropped below $2 million in October (the second consecutive declining month).

Continue Reading

Posted in News, Online poker0 Comments

Does Online Poker Need a Dash of iCasino Gaming for Survival?

Does Online Poker Need a Dash of iCasino Gaming for Survival 300x164 Does Online Poker Need a Dash of iCasino Gaming for Survival?Is the popularity of online poker capable of ushering in a new era of legalized online gambling across the United States, or does online poker need some of the strength and sexiness of iCasino gaming to push ahead to its full potential?

The Poker Players Alliance believes that the U.S. online poker sites need casino-style gaming to survive, not one-player games such as slots and roulette.

“The PPA recognizes that, which is why PPA Executive Director John Pappas has stated before he would like to see federal legislation with a poker carve-out,” writes Steve Larson of Legal U.S. Poker Sites. “This week, Pappas has clarified his position, saying that online poker in America might not be able to survive. The PPA’s stance might seem conflicted, but it makes sense, once one gets into the nuances.”

Continue Reading

Posted in Announcements, News, online gambling, Online poker0 Comments

Is Yahoo Positioning Itself for Online Poker?

 Is Yahoo Positioning Itself for Online Poker?There are no shortages of places where you can play free online poker, but as more states contemplate regulating online gambling, more tech and gaming firms are searching for ways to capture a piece of the pie. Currently online poker is only legal and regulated in Delaware, Nevada, and New Jersey, but at least seven other states are seriously weighing the pros and cons.

While most tech and gaming firms that offer regulated online gambling through a Delaware, Nevada, or New Jersey casino are firms already familiar with the gaming industry, Yahoo appears to be eager to learn and enter the mix.

Continue Reading

Posted in News, online gambling, Online poker0 Comments

Online Gambling Giants in an Empire State of Mind

Online Gambling Giants in an Empire State of Mind 300x300 Online Gambling Giants in an Empire State of MindMany states are still weighing the pros and cons of legalizing online gambling, the state of New York is one of them. With nearby New Jersey having already legalized online gambling, many New Yorkers wish they had the same privileges as their Garden State neighbors.

It is estimated that residents of the state of New York already spend around $110 million per year in illegal online poker. If illegal gaming is transferred to legal gaming, it could generate an additional $50 million or more each year in gambling tax revenue (and this number does not include tax revenue generated by new online gamblers).

Not surprisingly, the big boys of the gambling world are now in an Empire State of mind.

Continue Reading

Posted in Announcements, Mobile Gaming, News, online gambling, Online poker0 Comments

PokerStars Finds a Potential ‘In’ Back Into The US Online Gambling Market

PokerStars Finds a Potential In Back Into The US Online Gambling Market PokerStars Finds a Potential In Back Into The US Online Gambling MarketPokerStars is a globally recognized online gaming giant that dominates 54% of the global online gambling industry.

In an unexpected move, Amaya Gaming Group acquired PokerStars, a strategic move to consolidate the online and live gaming industry.

The acquisition did not come cheap at $4.9 billion dollars. And while PokerStars comes with global online gambling brand recognition, they also come with some baggage.

Continue Reading

Posted in Announcements, Casino industry, News, online gambling, Online poker0 Comments

PokerStars Prepares UK Gamblers For The Upcoming Changes To Online Gambling

PokerStars Prepares UK Gamblers For The Upcoming Changes To Online Gambling 300x177 PokerStars Prepares UK Gamblers For The Upcoming Changes To Online GamblingThe Gambling Licensing and Advertising Act 2014 is soon to go into effect in the UK, and online poker room PokerStars is taking a proactive approach by letting gamblers know what to expect ahead of time.

When new and existing gamblers login to PokerStars, they will be met with a memo that helps them understand the new law and how it applies to them.

Continue Reading

Posted in Announcements, News, Online poker0 Comments

WSOP Celebrating, Marketing Milestone Anniversary

WSOP Celebrating Marketing Milestone Anniversary WSOP Celebrating, Marketing Milestone AnniversaryOne year ago, WSOP.com added Caesars Interactive Entertainment to their family. This addition allowed a very profitable launch of a Nevada-only online poker game that allows real money play.

With this announcement, WSOP.com took online poker playing by storm. According to Pokernews.com, “Following Ultimate Poker’s entry into the newly-regulated online poker market in late April 2013, WSOP.com swiftly overtook the lead in real money online poker traffic in Nevada by early November, albeit among a modest-sized player base.”

Howard Stutz, a writer for the Casino City Times, recently explained how WSOP.com has maintained their leading role in Nevada’s online poker world.

Continue Reading

Posted in Announcements, News, online gambling, Online poker0 Comments