Archive | Online poker

Online Poker is a Hop, Skip, and a Jump Away for California

Online Poker is a Hop Skip and a Jump Away for California 300x225 Online Poker is a Hop, Skip, and a Jump Away for CaliforniaAhhhhh! California! Surf…sand…and poker?

So, California is one of the next states trying to get online poker legalized. Compatiblepoker.com interviewed Mitch Garber, President and CEO of Caesars Acquisition Company. “Garber was asked about his predictions regarding the progress of legislation next year, and the bottom line is that he is very optimistic that we should be seeing online poker in the Golden State by 2015.”

Now, is this a done deal? Not until a consensus is built with the Native American Tribes that are working on a solid bill to satisfy all parties in California. Says Garber, “I think that the tribes have come a long way, actually, in some forms of consensus even though it fell apart.”

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PokerStars and Friends Get Knocked Down But They Get Up Again!

PokerStars and Friends get Knocked Down but they Get Up Again 300x193 PokerStars and Friends Get Knocked Down But They Get Up Again!Well, just like the famous song Tubthumping from the band Chumbawamba, “they got knocked down but they got up again. You ain’t ever gonna keep them down.” Specifically PokerStars and their partners who are trying to push for the legalization of online poker gambling in California.

Now, this in no way means that the battle to get online Poker in California is over. According to onlinepokerreport.com, they stated that, “Following news that California lawmakers were shelving an online poker push for the session, PokerStars and its partners released a statement stressing their continued commitment to bringing regulated online poker to the Golden State.” Robert Martin, Morongo Band of Mission Indians Tribal Chairman, added, “We have been working on this issue for five years now and while we were optimistic that a suitable bill would move forward in 2014, we’re in this for the long haul and we’d rather do it right than have a bad bill.”

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Online Poker Picks Up Steam Thanks to Clever Marketing, WSOP Hype

Online Poker Picks Up Steam Thanks to Clever Marketing WSOP Hype 300x164 Online Poker Picks Up Steam Thanks to Clever Marketing, WSOP HypeWith the addition of legalized online gambling in Nevada came the dream of finding a way to link online and live gambling in a way that would increase revenues like never before. During the most recent World Series of Poker (WSOP) at Rio, online poker broke the $1 million dollar mark for the month of June, Las Vegas Review Journal confirms.

While the main event was a live tournament, online poker revenues were up 40 percent—showing that the live coverage of WSOP and the buzz around the event provided the inspiration to play. Now that it is clear that live events can stimulate a significant boost in online poker, more avenues are being explored to help the two support each other’s growth.

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The Opposition to Already Legalized Online Gambling Rages on

 The Opposition to Already Legalized Online Gambling Rages onAlthough legalized online gambling has already arrived in the U.S., efforts to reinstate the ban are still going strong. Some of those most vocal about their opposition are prominent lawmakers, including Sen. Lindsey Graham (R-SC) and Rep. Jason Chaffetz (R-Utah).

Other opponents are bit more surprising, such as Las Vegas Sands CEO Sheldon Adelson.

Collectively, their goal is not only to restore the Wire Act and reinstate the online gambling ban, but they are raising substantial funds for their efforts to undo the burgeoning regulated online gambling market. While only 3 states (Nevada, New Jersey, and Delaware) have legalized online gambling, at least 7 other states are seriously weighing its benefits, and plan to roll out their new online gambling programs within a few years – if not sooner.

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Reinventing Poker to Combat The Decline in Online Poker

Reinventing Poker to Combat The Decline In Online Poker Reinventing Poker to Combat The Decline in Online PokerWhen a handful of U.S. states legalized online gambling in 2013, online poker was the leader of the pack when it came to overall revenue. While online poker is still the game of choice for many online gamblers, it has seen a rapid decline throughout the first seven full months of 2014.

In a recent article posted in Online-Casino, the direction online casinos are taking to combat this decline was discussed. In today’s electronically savvy world, the ability to game both for fun and for real-money gambling is easier than ever. Every traditional game now has an electronic version, with a multitude of variations tossed into the mix. It is for this reason that gaming developers are exploring ways to make online poker more… fun.

To regain some of their lost poker customers, music, graphics, and innovative new versions of standard poker favorites are being invented. This includes fast draw variations, and 2-7 Triple draw.

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VASCO Shows Off Latest Security Solutions for Online, Mobile Gambling

VASCO Shows Off Latest Security Solutions for Online Gambling 300x170 VASCO Shows Off Latest Security Solutions for Online, Mobile GamblingSecurity was a high priority on the minds of vendors and presenters at last month’s 14th annual Global iGaming Summit & Expo.

One of the top security-focused standouts from the convention, however, was VASCO Data Security International, Inc.

The fast-growing provider of authentication, digital signatures, and identity management solutions came to the San Francisco-based event to showcase its newest authentication solutions for iGaming.
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Not All States See Online Gambling as a Tax Revenue Goldmine

Not All States See Online Gambling as Tax Revenue Goldmine 300x197 Not All States See Online Gambling as a Tax Revenue GoldmineWhile some states are considering ways to implement regulated online gambling, other states firmly oppose the addition regardless of its potential tax revenues. In a recent article on PokerUpdate, survey results were shared for “likely voters” in South Carolina.

South Carolina is a conservative state, so the comparably conservative findings were not a surprise. Nonetheless, of the 1,000 “likely voters” surveyed, online gambling was opposed by 68%. A similar survey by Palmetto Politics found that 15% surveyed were still undecided, while only 17% supported the idea of legal, regulated online gambling within the state.

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Online Platform Begins Tracking Online Poker, Blackjack Tournaments

Online Platform Begins Tracking Online Poker Blackjack Tournaments Online Platform Begins Tracking Online Poker, Blackjack TournamentsThere’s a new place to turn for individuals (at least those residing in Europe) wanting to monitor popular online poker and blackjack tournaments.

Best of all, you won’t have to stray very far to do it.

Gambling.org’s online guide catering to all things online gambling — online.Gambling.org — is now tracking popular tournaments taking place within regulated European markets.
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A Risky Move In Hopes Of a Major Surge In Legalized Online Gambling

A Risky Move In Hopes Of a Major Surge In Legalized Online Gambling 300x265 A Risky Move In Hopes Of a Major Surge In Legalized Online Gambling David Baazov of Amaya Gaming Group, Inc. has just made a risky move with his $4.9 million acquisition of online gambling sites PokerStars and Full Tilt. The 33-year-old Canadian has been supplying his software and technology to the online gambling industry for years. And now he wants a bigger slice of the pie.

Currently only 3 states in the US have legalized online gambling, but several more are giving it serious consideration. Although the vast earnings potential is there, Baazov has taken a huge risk by acquiring such significant debt.

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Online Poker Expected To Return In Russia

Online Poker Expected To Return In Russia 300x186 Online Poker Expected To Return In RussiaIn 2007 the Sports Ministry in Russia registered poker as a “sport,” but in 2009 removed poker from the registry because poker clubs began taking advantage of the newly dubbed sport by operating illegal casinos.

This included a ban online poker.

However, after careful consideration, Russia is now thinking about lifting the ban on online poker due to the estimated 5 billion rubles ($146 million) it stands to generate annually in taxes. These taxes would be generated both from the online casinos, and from the winnings that players are paid out.

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