mGamingWatch can now confirm that the 2016 Spring Championship of Online Poker (SCOOP), held over the past 17 days by PokerStars.com, has scooped a new world record for richest ever online poker series.
“The total prize pool of $90,984,283.44 across 56 events (168 tournaments) smashed the previous record of $81,222,158.66, set during SCOOP 2014, by nearly $10 million,” an announcement from the online poker giant explains. “The result highlights the strength of PokerStars’ flagship poker championships and the appetite that players from around the world have for the biggest and most prestigious online poker series.”
But the records don’t end there, we’re told.
Posted in Online poker
In recent days, a new online registration process was rolled out for the 2016 WSOP.
Best of all, as widely and eagerly anticipated, registration is now open for wire transfer, cashier’s check and newly added – credit card — methods of payment.
The WSOP has partnered with Genesis Gaming Solutions, Inc. known for their Bravo Poker Tournament Software used for WSOP registration and payouts, to integrate a new online process that directly ties into the WSOP registration software, a news release explains.
Posted in online gambling, Online poker
A good debate lies ahead for the gaming world in the Garden State, MGW learned Monday in a release from ECGC.
A referendum on the New Jersey ballot that could authorize casinos in northern New Jersey is a focal point at the 20th annual East Coast Gaming Congress and i-Gaming Institute, to be held May 25-26 at the new Waterfront Conference Center at Harrah’s Resort.
The panel, titled “Atlantic City … and North Jersey? What’s Best for New Jersey?,” will be moderated by respected journalist John Brennan of The Record.
Posted in Announcements, Casino industry, Gaming industry news, News, online gambling, Online poker
Not surprisingly, the PokerStars Coalition is standing behind efforts to usher in the era of legalized online poker in the State of California.
The announcement comes as the California Assembly Governmental Organization Committee will hold next week an informational hearing on an online poker bill (AB 2863) that’s up for consideration.
Ahead of the weekend the PokerStars coalition sent a resounding letter of support to the legislator (Adam Gray) who introduced AB 2863.
Posted in Gaming industry news, online gambling, Online poker
Indian Country is reporting that California Assemblyman Adam Gray is ramping up efforts to regulate and legalize online poker in the Golden State.
Gray’s assembly bill (AB) 2863 was “quickly met with support by California Nations Indian Gaming Association (CNIGA) Chairman Steve Stallings,” the report notes.
The key differential from past bills: California’s horse racetracks would be excluded from operating in the poker industry, and in exchange would receive up 95 percent of the first $60 million collected with the other 5 percent going to the State Treasury.
Posted in Gaming industry news, Online poker
According to the latest data out of the Garden State, the online poker market is heating up in New Jersey.
“The New Jersey online poker market has exhibited four consecutive months of growth,” US Poker reported today.
Per the newest financials dished by the NJ Division of Gaming Enforcement, Party/Borgata and WSOP/888 taked in a combined $2,151,232 in January, “marking the first time the industry has generated upwards of $2 million since March of last year,” the report notes.
Posted in Casino industry, Gaming industry news, Online poker
One thing that all casinos that have launched regulated online gambling in the United States can agree upon, is that revenues have fallen short of projections. Although projections are not being met Real Gaming — an online gambling provider — is optimistic.
Initially there were three casinos in Nevada that offered legalized and regulated online poker, but now only Caesars and South Point remain, according to VegasInc. In fact, Ultimate Poker abandoning their online poker operation gave both Caesars and South Point an additional boost in their online gambling revenues.
Posted in Announcements, Gaming industry news, News, Online poker
In a recent announcement, Pokerstars shared that they have partnered with 5 California casinos to create a consumer coalition designed to encourage a fair and open online poker and online gambling marketplace.
The coalition is titled Californians for Responsible iPoker, and currently includes PokerStars, the Morongo Band of Mission Indians, the San Manuel Band of Mission Indians, and the Commerce, Bicycle and Hawaiian Gardens cardrooms.
The timing of the coalition is also relevant, as Flushdraw notes. Its launch comes directly after California’s Viejas Band of Kumeyaay Indians released radio ads referring to PokerStars as “con men” and “scam artists.”
Posted in Announcements, Casino industry, Gaming industry news, News, Online poker
Pennsylvania State Senator Sean Wiley recently announced that he will soon be submitting a new bill related to both online and off-line gambling. The bill aims to make some intriguing changes to the current gambling policies.
This week, USPoker offered a detailed summary of what the bill would mean for the state.
Posted in Casino industry, Gaming industry news, News, online gambling, Online poker
Billionaire casino mogul Steve Wynn continues to hold his ground on his stance with online poker. To be specific, Wynn is against online poker that uses real money. If someone wants to gamble by playing poker, Wynn would rather them to do it in a brick and mortar casino (preferably one with his name on it) instead of online.
A bill banning online gambling is being pushed through Congress. However, there are certain parts exempt from the bill. One example is person-to-person poker, which is already a big hit in Nevada. Because it is already in existence, it would be exempt. Lotteries would also be exempt because they are state-run.
Posted in Casino industry, Gaming industry news, online gambling, Online poker