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Is WSOP.com On The Cusp Of A Three-State Online Poker Network? It Might Need To Be
Interstate poker is Bill Rini’s bogeyman. Rini oversees WSOP NJ and WSOP Nevada, which operate separately in two states with legal US online poker. And he just wants his customers to be allowed to play together. They’re currently cut off from each other, though, ring-fenced within their own markets. Players can only compete against other players in […]
Nevada Congresswoman To DOJ: Don’t Use Wire Act To Stop Online Gambling
US Rep. Dina Titus (D-Nev.) is urging the Department of Justice to maintain a narrow interpretation of the Wire Act. Titus penned a letter to Deputy Attorney General Rod Rosenstein today, reiterating that the federal law applies only to sports betting. Congress enacted the law in 1961 as a tool to combat illegal bookmaking operations typical of organized […]
The Restoration of America’s Wire Act – Inside The Proposed Ban On Regulated Online Gambling
RAWA refers to the “Restoration of America’s Wire Act,” a piece of legislation that has been advocated primarily, although not exclusively, by Republicans. The bill was first introduced in 2014 and has been reintroduced in subsequent sessions. What RAWA seeks to do The Restoration of America’s Wire Act would rewrite the Federal Wire Act of […]
The Rapid Decline Of Cash Game Traffic On PokerStars: Cause For Concern Or Expected Outcome?
Over the past several years, ring games on PokerStars have dried up at an increasingly rapid pace. The latest data from Poker Industry Pro (paywall) via online poker trafficking site PokerScout.com, shows that 7-day average cash game traffic on the world’s largest dot-com network has plummeted to a nearly nine year low of approximately 11,500 players, representing […]
Massachusetts Inches Closer To Legalizing Online Lottery
Throughout 2016, online gaming proponents have focused on several states considered to be strong candidates for online expansion, namely, New York, California, and Pennsylvania. For the most part, they haven’t been disappointed: New York went one for two, hitting on daily fantasy sports but missing when it came to online poker. Ongoing efforts in California have produced the […]
PokerStars Secures Motion To Dismiss In Long-Running Illinois Loss Recovery Case
PokerStars appears to have laid to rest a long-running legal dispute in Illinois after Judge David R. Herndon granted the company’s motion to dismiss a second amended complaint filed by Kelly Sonnenberg and Casey Sonnenberg. Herndon simultaneously dismissed a companion claim brought by separate defendants against Full Tilt. “This is a significant win for PokerStars,” stated lead […]
Boyd CEO Demolishes Myth That Regulated Online Gambling Will Cannibalize Land-Based Casino Revenue
Keith Smith, President and Chief Executive Officer of Boyd Gaming, has a simple message for those who argue that regulated online gambling revenue will cannibalize (i.e., come directly at the expense of) land-based casino revenue. You’re wrong. That’s the takeaway from Smith’s comments on the performance of the Borgata’s online gambling properties in the New […]
This Prediction For New Jersey’s Initial Online Gambling Revenue Numbers Will Seem Optimistic To Some
On January 14th, the New Jersey Division of Gaming Enforcement will post the initial revenue numbers for New Jersey’s regulated online poker sites and casinos. These numbers will cover revenue for November and December. I suspect they’ll be rather raw numbers that point only to gross gaming yield (poker rake plus casino hold). There’s been […]
PokerStars Purchase of Full Tilt Confirmed By Multiple Sources
WickedChops rarely goes with something definitive unless it’s definitive: Posted early this morning but independently confirmed Stars acquiring Tilt a done deal: http://insider.wickedchopspoker.com/566/the-latest-on-the-pokerstars-and-full-tilt-poker-acquisition/Still plenty of details to come Same goes for PokerFuse, who were pretty definitive yesterday when they broke the story: PokerStars has reached a settlement with the US Department of Justice, pokerfuse can […]
PokerStars Buys Full Tilt Poker … Say What?
That’s the word from reputable sources this afternoon. The tl;dr: GBT didn’t have enough money to take on Full Tilt, so the DOJ nixed their deal. PokerStars, who has plenty of money, stepped in. More from PokerFuse: Until now, French investment group Group Bernard Tapie were known to be in late-stage talks. According to sources […]
