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ACEP chooses Ongame poker

ACEP chooses Ongame poker | Poker & eGaming News | Scoop.it

American Casino & Entertainment Properties chooses poker from Ongame for acePLAYpoker.com

 

MONTREAL, Canada – February 20, 2013 – Amaya Gaming Group Inc. (TSXV: AYA) today announced that ACEP Interactive, LLC, the interactive gaming arm of American Casino & Entertainment Properties LLC (ACEP), has chosen Amaya’s Ongame to power its online poker offering acePLAYpoker.com, which was launched February 12, 2013. ACEP is the parent company of the iconic Stratosphere Casino, Hotel & Tower located on the Las Vegas Strip, the two Arizona Charlie’s Hotels & Casinos in Las Vegas, and Aquarius Casino Resort in Laughlin, Nevada.

 

The Nevada Gaming Commission approved ACEP as an interactive gaming operator on September 20, 2012, which paves the way for a launch of real money online poker as soon as it is possible.

 

“The poker solution from Amaya’s Ongame enables us to quickly establish a quality free to play poker website,” said American Casino & Entertainment Properties’ Chief Executive Officer Frank Riolo. “We are aiming to be among the first-movers within iGaming in the United States. Our launch of acePLAYpoker.com will help strengthen our brands and prepare us for real money online poker, which we will launch when it is legally possible.”

 

Nevada is among the first states in the U.S. to regulate poker and is poised to be the first state where real money online poker will be launched.

 

“Ongame’s unique track record within regulated markets around the world has proven essential for the success we are experiencing in the U.S.,” said David Baazov, President and Chief Executive Officer of Amaya Gaming Group. “Partnering with some of the world’s premier casino brands like the iconic Stratosphere, Arizona Charlie’s and Aquarius are great steps on a very exciting journey in the regulated U.S.”

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South Point first online poker room in Nevada, Dan Katz Poker News Daily

South Point first online poker room in Nevada, Dan Katz Poker News Daily | Poker & eGaming News | Scoop.it

It finally became official Thursday: South Point Poker LLC became the first company licensed to offer intrastate online pokerin the United States. Once South Point launches, its poker room will be able to accept players from within the state of Nevada’s boundaries, provided they are at least 21-years of age. The company expects to launch sometime in October.

 

Unlike other online poker license applicants, South Point has developed its own software client, rather than partnering with a developer

 

South Point actually has an online poker room up and running already, but it is completely different from the one that is coming. The current South Point Poker is a free-to-play room on the ZEN Entertainment Network. The rooms on the network are totally free – no monthly fee is required – and offer cash and prizes to winners of their tournaments.

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Shuffle Master receives license and will start online poker Q1 2013, Legal Poker Sites

Shuffle Master receives license and will start online poker Q1 2013, Legal Poker Sites | Poker & eGaming News | Scoop.it

Shuffle Master is the latest provider to officially be granted a license to prove iPoker services to Nevada casinos. Earlier today, the company became the third company to receive approval by the Nevada Gaming Control Board. Bally Technologies and International Game Technology are the other two companies. Anyone using Shuffle Master as a provider would be looking at January 2013 as their go-live date.

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Nevada wants to share online liquidity and regulations cross borders, John Edwards GamblingCompliance

The Nevada Gaming Policy Committee on Wednesday unanimously recommended Governor Brian Sandoval propose online gambling compacts with neighboring states and potentially even foreign countries.


The action comes as Nevada prepares for the start of online poker inside its borders early next year, based on a 2011 U.S. Department of Justice legal opinion that states may allow intrastate, online gambling with the exception of sports wagers.

 

Nevada gambling regulators, however, fear other states may start competing for online gambling operators by relaxing their regulatory standards, causing a race to the bottom in online regulation.

 

Nevada officials worry that the federal bill may die, leaving states with widely varying standards for online gambling.

 

Nevada has only 2.7m people, but neighboring California has a population of 37.7m.

 

Other sources:

http://www.gaming-awards.com/NEWS/online-poker-to-be-live-by-late-2012/

Nevada could very well be live before 2013 according to Chairman of the Nevada Gaming Control Board Mark Lipparelli, one of 11 members on the panel, stating that the first real-money operator licenses, which are exclusively for casinos, will come through in 60-90 days.

 

Only three companies so far have been given approval to provide online poker software to Nevada casinos, which are Bally Technologies, International Game Technology and Shuffle Master.

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US-Boyd turns to profit in Q2 despite Vegas downturn, G3

US-Boyd turns to profit in Q2 despite Vegas downturn, G3 | Poker & eGaming News | Scoop.it

Net revenues came in at US$615.2m for the second quarter, marking an increase of 7.1 per cent from US$574.4m during the same quarter in 2011.

 

Revenues were up to $438.7m, representing an increase of 12.4 per cent from the year-ago period, driven by results in the Midwest and South region, while a weaker performance in Nevada negatively impacted results. Borgata, the company’s 50 per cent joint venture, reported second-quarter 2012 net revenues of $175.4m, down $7.4m from the second quarter of 2011.

 

Other sources:

http://www.vegasinc.com/news/2012/jul/24/boyd-gaming-profits-despite-revenue-fall-las-vegas/ ;

http://www.casinocitytimes.com/article/boyd-gaming-sees-small-second-quarter-profit-plans-new-projects-61118

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Wynn revenues falls - profits surge, Las Vegas Sun

The Las Vegas-based company earned $138.1 million, or $1.37 per share, compared with $122 million, or 97 cents per share, a year earlier. Revenue fell to $1.25 billion from $1.37 billion a year ago.

 

Wynn Resorts Ltd. said Tuesday its revenue fell 7 percent in Macau and nearly 12 percent in Las Vegas, showing that more people are shying away from spending extra money in a still-shaky economy.

 

Other sources:

http://www.vegasinc.com/news/2012/jul/18/wynn-results-suggest-high-end-business-steady-stri/

http://www.gamblingcompliance.com/node/49582

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Churchill Downs applies for Nevada online poker license, Charles Rettmuller PokerUpdate

Churchill Downs applies for Nevada online poker license, Charles Rettmuller PokerUpdate | Poker & eGaming News | Scoop.it

A bit late out of the starting gate but not too many lengths behind, Churchill Downs Inc., the owners of the famed Kentucy racetrack that hosts the Kentucky Derby, have applied for an online poker license with the Nevada Gaming Control Board.

 

Through twinspires.com, the company offers advance-deposit online wagering for its many racetracks, which include Harlow's Casino Resort & Hotel in Greenville, Mississippi, Calder Casino & Race Course in Miami Gardens, Florida, Arlington Park racetrack in Arlington Heights, Illinois, and Fair Grounds Race Course & Slots in New Orleans, Louisiana. Twinspires also accepts bets on races from tracks throughout the country.

 

In 2010, Churchill Downs purchased Youbet.com and melded it into its twinspires website. In February of this year, the company bought Bluff Media, which focuses on poker-related content that includes BluffMagazine.com, as well as BluffPoker.com and Bluff.com. Known as the largest Internet horse-racing company in the United States, Churchill Downs is looking to expand its operations into online poker and has been “spending lots of time focusing on poker and egaming,” said Ted Gay, the company's chief strategy officer.

 

Churchill Downs is reportedly negotiating with several providers, such as Ongame and Playtech, in anticipation of rolling out its own online poker network.

 

So far in Nevada, gaming regulators have approved licenses for Bally Technologies and International Game Technology to provide interactive online gaming. Shuffle Master has received preliminary approval and is expected to be formally licensed later this month.

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PaddyPower and Shuffle Master passed hearing in Nevada, Haley Hintze Pokerfuse

PaddyPower and Shuffle Master passed hearing in Nevada, Haley Hintze Pokerfuse | Poker & eGaming News | Scoop.it

The approval process for online poker licensing in Nevada moved forward again on Tuesday with two applications, PaddyPower and Shuffle Master, passing the suitability hearing phase before the Nevada Gaming Commission.

 

Shuffle Master joins the “manufacturer/provider” category of firms who will offer interactive gaming systems, the same role occupied by Bally Tech and IGT.

 

Current Ongame parent bwin.party has subsequently claimed six new suitors for the software platform in a recent press release, though whether any of them is eyeing the US market remains undisclosed.

 

Both Shuffle Master and PaddyPower are likely to receive formal approval of their applications later this month.

 

Other sources:

http://www.lvrj.com/business/shuffle-master-recommended-for-interactive-operations-162103235.html

http://www.gaming-awards.com/NEWS/paddy-power-passes-nevada-license-test/

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Bally and IGT receives Internet gaming licensing in Nevada, Las Vegas Sun

Bally and IGT receives Internet gaming licensing in Nevada, Las Vegas Sun | Poker & eGaming News | Scoop.it

KSNV reports that Bally Technologies becomes the first company to be fully licensed for online gambling, June 21.

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Legal racing company front for Mexican drug cartel, CNN

Several hundred US agents raided Oklahoma and New Mexico stables this week and arrested seven members of Mexico’s Zetas cartel for laundering drug money through the horse tracks. A total of 14 defendants were charged with conspiracy to use horse racing and breeding to launder more than 20 MUSD of the cartel’s drug money.

 

In the 1940’s Las Vegas and the Mafia were synonymous. It seems like money from the mafia still have an impact.

 

Other sources:

http://www.innovategaming.com/2012/06/mexico-cartel-busted-horse-racing-scheme/

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Nevada gaming revenues up 6% and continues positive trend, Chris Sieroty RGT Online

Nevada gambling revenues rose more than 6.1 percent in April, to $855.7 million, compared with the same month last year. The single-digit increase was a return to the plus side after a 10.8 percent decline in March. The state posted revenue increases of 5.7 percent in February and 18.4 percent in January.

 

Other sources:

http://pokerati.com/2012/06/nevada-gaming-revenues-continue-shaky-rise/

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6 new applicants for Nevada makes it in total 30, Casino Online

The latest applicants for a Nevada online gaming license includes:

- Wynn Resorts Limited

- WHG Ltd (Playtech)

- Global Cash Access

- Z4 Poker LLC

- LV Gaming Ventures LLC

- SG Gaming Inc (ScientificGames)

 

The Nevada Board recommended the applications of

- Bally Technology

- International Game Technology

- William Hill plc

 

Other sources:

http://www.gambling911.com/gambling-news/wynn-resorts-applies-nevada-online-poker-license-talks-zynga-061112.html

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Bally first in Nevada, Playtech is shut out, Gambling911

Bally first in Nevada, Playtech is shut out, Gambling911 | Poker & eGaming News | Scoop.it

Bally Technologies, which earlier in the year partnered up with France online poker venture Chili Gaming, has been granted recommendation to get the first license to operate a Web poker site by the state of Nevada. Approval will be made June 21. For now the fee is $125,000 but could be reduced at a later date. Bally will not be permitted to accept players from outside the state of Nevada at this time.

 

William Hill’s affiliation with online poker software giant, Playtech/iPoker has made entry into Nevada impossible despite leaving Australia and acquiring American Wagering, Brandywine Gaming and Cal-Neva sports wagering businesses.

Playtech founder, Teddy Sagi, was once charged with bribery and fraud in 1996. He served nine months in prison.

 

The Nevada Gaming Control Board is scheduled to review application of IGT on Thursday June 7.

 

Other sources:

http://pokerfuse.com/news/law-and-regulation/nevada-on-schedule-to-issue-igaming-licenses/

http://www.gamingintelligence.com/legal/16309-bally-takes-the-lead-in-nevada-igaming-race

http://www.gaming-awards.com/NEWS/archives/10343

http://www.gamblingcompliance.com/node/49304

http://pokerupdate.com/news/law-and-legislation/nevada-oks-first-internet-poker-license/

http://www.innovategaming.com/2012/06/bally-track-online-gaming-license/

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Macau Won't Return to Gangster's Paradise, Gambling911

Macau Won't Return to Gangster's Paradise, Gambling911 | Poker & eGaming News | Scoop.it

Three murders, hammer-wielding heavies, and a high-profile police swoop have raised concerns that Macau, the world's casino capital, may be backsliding to the bad old days of the late-1990s.

 

Much has changed in the past 15 years in Macau, a special administrative region on China's southern coast. Then, the seedy gambling enclave was plagued by open gang warfare. Bombs went off in the streets and shoot-outs broke out in broad daylight.

 

In 1999, Macau seceded from Portugal to China and, now, Las Vegas tycoons including Sheldon Adelson and Steve Wynn have helped transform the territory into a multi-billion dollar goldmine, a magnet for high-rollers and global investors.

 

The murder and mayhem in the late-1990s was sparked by the triads' aggressive manoeuvring to capture more of the lucrative VIP gambling market, which accounts for over 70 percent of total revenues.

 

Gaming revenue last year was $33.5 billion, more than five times that of Las Vegas.

 

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Paddy Power found suitable for licensing in Nevada, Stephen Carter at CasinoChoice

Paddy Power found suitable for licensing in Nevada, Stephen Carter at CasinoChoice | Poker & eGaming News | Scoop.it

Irish bookie Paddy Power took a pivotal first step towards establishing a US business yesterday when was it was granted a finding of suitability to operate in Nevada by gaming regulators.

 

Other sources:

http://www.gaming-awards.com/NEWS/shuffle-master-paddy-power-given-ok-by-nevada-commission/

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Tribes want federal government to stop States from legalizing online gambling, Gambling911

Tribes want federal government to stop States from legalizing online gambling, Gambling911 | Poker & eGaming News | Scoop.it

“Tribes should be extremely hesitant to entrust their economic futures to the tender mercies of the 50 states, many of whom are still in financial crises and looking for new sources of revenue,” Bruce “Two Dogs” Bozsum said in testimony prepared for a Senate Indian Affairs Committee hearing on the Issue Thursday. Bozsum is chairman of the Mohegan Tribe of Uncasville, Conn., which has large casino operations.

 

Bozsum said his tribe has invested a “great deal of time” preparing Internet gambling regulations. “These regulations now stand ready to be implemented, and will meet or exceed the toughest regulations found anywhere in the world, including the new standards recently established in Nevada,” Boszum said.

 

According to the Senate Indian Affairs Committee, tribal gambling was a more than $27 billion industry in 2011, while commercial gambling was $35.6 billion and worldwide gambling revenues were $30 billion.

 

Other sources:

http://www.legalpokersites.com/blog/indian-tribes-draft-online-gaming-bill/

http://64.38.12.138/IndianGaming/2012/025217.asp

http://www.gaming-awards.com/NEWS/us-tribes-want-to-be-a-part-of-online-action/

http://www.gamblingcompliance.com/node/49657

http://pokerfuse.com/news/law-and-regulation/indian-affairs-committee-tribal-interests-jeopardy-without-federal-legislation/

http://www.casinocitytimes.com/article/tribes-want-in-on-internet-gambling-61130

http://www.legalpokersites.com/blog/how-tribes-will-affect-us-online-poker-legislation/

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Las Vegas Sands revenues drops 35 %, Gambling911

Las Vegas Sands revenues drops 35 %, Gambling911 | Poker & eGaming News | Scoop.it

Las Vegas Sands Corp. said Wednesday that second-quarter profit tumbled by 35 percent as the casino operator’s table winnings fell at home and in Asia.

 

The company said its net income fell to $240.6 million, or 29 cents per share, from $367.6 million, or 45 cents per share, a year earlier.

 

Excluding items, the company said it would have earned 44 cents per share. Analysts were looking for 60 cents per share, according to FactSet.

 

Revenue rose 10 percent to $2.58 billion, but that, too, didn’t impress analysts, who had expected $2.77 billion.

 

The average daily house “win” per gambling table is much higher in Asia — from $9,500 at the Sands Macau to $22,227 at the nearby Four Seasons and Plaza casino — than in Las Vegas, where it’s $3,402, or Bethlehem, Pa., $2,813. The U.S. casinos usually have more slot machines, although the company’s daily win per machine is generally higher in Asia.

 

Other sources:

http://www.vegasinc.com/news/2012/jul/25/lv-sands-profit-falls-gamblers-win-more/

http://www.gamblingcompliance.com/node/49643

http://www.g3newswire.com/china-macau-costs-drag-sands/

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Online poker may launch in Nevada in September, Charles Rettmuller PokerUpdate

Online poker may launch in Nevada in September, Charles Rettmuller PokerUpdate | Poker & eGaming News | Scoop.it

Although Nevada gaming officials have pegged December or early 2013 as the anticipated date of online poker sites to be up and running in the Silver State, South Point Poker is looking at transitioning to real money play as early as September.

 

SouthPointPoker.com has been online since October, but failed to generate the player numbers that Gaughan was hoping for. He blames some of the problem on Zen Entertainment, the company he partnered with to supply the online poker platform. South Point has since located a new gaming platform provider and the site will focus on only poker at this time, but the development of casino games are in the pipeline.

 

Other sources:

http://www.pokernewsdaily.com/south-point-ceo-anticipates-fall-online-poker-launch-in-nevada-22210/

http://www.gambling911.com/poker/south-point-poker-would-move-away-zen-gaming-network-launch-planned-fall-072312.html

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Investigation of leading Republican casino money man, Las Vegas Sun

Investigation of leading Republican casino money man, Las Vegas Sun | Poker & eGaming News | Scoop.it

Some of the methods Adelson used in Macau to save his company and help build a personal fortune estimated at $25 billion have come under expanding scrutiny by federal and Nevada investigators, according to people familiar with both inquiries.

 

The company's general counsel and an outside law firm warned that the arrangement could violate the Foreign Corrupt Practices Act. It is unknown whether Adelson was aware of these warnings. The Foreign Corrupt Practices Act bars American companies from paying foreign officials to "affect or influence any act or decision" for business gain.

 

The internal Las Vegas Sands documents were obtained by reporters working for the University of California's Investigative Reporting Program as part of an ongoing collaboration with ProPublica and PBS Frontline. The documents shed new light on an issue separate from Alves' work: the company's difficulties in avoiding contact with Chinese organized crime figures as it built its casino business in Macau.

 

Gambling is illegal in mainland China, as is the transfer of large sums of money to Macau. The junkets solve those problems, providing billions of dollars in credit to gamblers. When necessary, they collect gambling debts, a critical function since China's courts are not permitted to force losers to pay up. Weidner said junkets are a natural result of China's controls on the movement of money out of the country, channeling as much as $3 billion a month from the mainland to Macau. "To Westerners, the junkets mean money laundering equated with organized crime or drugs," he said. "In China where money is controlled, it's part of doing business."

 

Allegations about the company's dealings with Alves as well as its purported ties to organized crime are prominently mentioned in a 2010 lawsuit filed by Steven Jacobs, former CEO of Sands China.

 

"Maybe in a roundabout way, foreign money is coming into an American political campaign," said McCain, an Arizona Republican.

 

Other sources:

http://www.gambling911.com/gambling-news/rachel-maddow-sheldon-adelson-justice-department-would-make-%E2%80%98macau%E2%80%99-probe-go-away-vide

 

From MSNBC.com:

Discussion about Adelson's motivation for backing the Republican Party usually rotates around two things: his support for Israel's government and his opposition to labor unions. But a new investigation finds that there may be a third motivation: saving himself from a Department of Justice investigation.

 

http://www.yogonet.com/english/2012/07/19/adelson-fires-back-at-china-prostitution-claim

 

Prostitution is legal in Macau. But in the email, Jacobs told top Las Vegas Sands executive Michael Leven that before beginning a planned crackdown on soliciting for sex on the casino floor at Sands Macau properties, he wanted to make sure Adelson agreed. Jacobs said in the email that another executive told him Adelson personally approved allowing prostitution "as it would help our overall gaming revenue."

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Ultimate Gaming predict US online poker in 2013, Steven Stradbrooke CalvinAyre

Ultimate Gaming predict US online poker in 2013, Steven Stradbrooke CalvinAyre | Poker & eGaming News | Scoop.it

Asked to predict a timetable for when real-money online poker might come to the US, Breitling said it’s “going to happen in 2013.” Breitling cited two “watershed moments” for the sector in the past seven months, including the US Department of Justice’s pre-Christmas Wire Act rethink, which Breitling said equated to a “full fledged endorsement” of states’ rights to offer online wagering other than sports betting. The other event was Nevada “continuing its leadership position” among states by issuing the nation’s first interactive gambling licenses.

 

Breitling says his company “would prefer a federal bill for poker-only,” a preference threatened by other states like Delaware and New Jersey, which were moving “super fast” to introduce “full-blown” online gambling. 

 

UFC corporate counsel Epstein, whose family owns and operates the El Cortez casino in Las Vegas, said “the education process” amongst federal politicians “is continuing.”

 

Breitling said “millions” of Americans were already playing online in “the most unsafe, unregulated environment” and thus “anything would be better than what exists today.” Breitling played the “consumer protection” card, which he said was the product of “technology, process and law.” Breitling said the “proven operators” in Nevada (like, er, himself) were the only ones who could be counted on to “respect” the regulatory “line drawn in the sand” to prevent abuses like minors playing online.

 

When Ralston brought up Las Vegas Sands CEO Sheldon Adelson’s vociferous opposition to online gambling over concerns that the existing technology wasn’t sufficient to block children from accessing the sites, Epstein basically called Adelson an old fogey who doesn’t understand the internet.

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WMS and 888 enters the US play-for-fun market, WMS Gaming

WMS will market and distribute 888's world-class online poker solution to land-based casino customers in legal venues in the United States, initially with a play-for-fun offering. As real money online poker becomes regulated on a state-by-state or federal basis, the agreement enables the immediate launch of a real money offering as regulations are finalized and upon licensing by appropriate gaming authorities.

 

In addition, the agreement facilitates the creation of an interoperable platform that will enable an integrated experience between 888's online poker solutions and WMS' online casino solutions incorporating WMS gaming content and capabilities, providing for play-for-fun applications and appropriate wagering solutions.

 

Earlier this year, both 888 and WMS submitted applications to Nevada's State Gaming Control Board for interactive gaming licenses in the State of Nevada.

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Bally and IGT receives the first online service providers licenses in Nevada, Phil at G3

Bally and IGT receives the first online service providers licenses in Nevada, Phil at G3 | Poker & eGaming News | Scoop.it

Bally and IGT have received the Nevada Gaming Commission’s first two interactive gaming service provider and manufacturer licenses allowing both to partner with Nevada casino groups to provide online poker to their customers.

 

The approvals take the gambling state one step closer to launching an online market that may reach $13.4bn in five years, according to gaming-centric analyst H2 Gambling Capital. Over 20 companies have applied to the Gaming Commission for a licence with more approvals expected to follow soon.

 

Gaming Control Board Chairman Mark Lipparelli said online gambling could be launched in the state late in 2012 or early in 2013.

 

Other sources:

http://www.gambling911.com/poker/bally-and-igt-teaming-golden-nugget-bring-online-poker-nevada-062412.html

http://pokerfuse.com/news/law-and-regulation/bally-tech-igt-receive-nevada-online-poker-approval/

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Licensing fees will soon be decided in Nevada, iGaming Post

Licensing fees will soon be decided in Nevada, iGaming Post | Poker & eGaming News | Scoop.it

Next month the Nevada Gaming Policy Committee will decide what gaming license applicants should pay $500,000 for an initial one-year license and $250,000 a year to renew it? Nevada will according to the proposition, also collect a gross gaming tax revenue, has the lowest proposed fees by far as well as the lowest tax rate in the nation at 6.75 percent. The Nevada Gaming Commission will meet June 21 do decide.  

 

California, has legislation pending that would require a $30 million license fee that would serve as a credit against monthly taxes imposed on gross gaming revenue. Just to apply for a license would cost from $1 million to $5 million. California is the largest demographic state with 30 million residents compared to Nevada’s 3 million.

 

Florida plans a nonrefundable $10 million fee credited against its 35 percent gross gaming tax in addition to an annual licensing fee of $500,000.

 

Massachusetts will seek a $10 million fee that would be credited against gross gaming tax revenue.

 

Other sources:

http://www.legalpokersites.com/blog/nevada-considers-lower-gambling-fees/ http://www.vegasinc.com/news/2012/jun/15/nevada-considering-some-lowest-online-gaming-licen/

 

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Ongame powers 2 US casino giants, Ongame News

Ongame powers 2 US casino giants, Ongame News | Poker & eGaming News | Scoop.it

It was announced today that Ongame will power the online offering for two of the worlds largest casino providers: Bally and Aristocrat.

 

John Connelly, Bally Technologies’ Vice President of Business Development:

"Bally is pleased to offer Ongame’s proven poker platform, which will provide a unique offering through its integration on Bally’s iGaming platform. Bally Technologies and Aristocrat Technologies have agreed to offer Ongame as one of their preferred poker solutions, thus creating a combined liquidity pool for our customers. Bally’s objective is to place the control in the hands of the operator. We are providing the necessary tools to have a single view of the player by incorporating existing and online gaming systems, while allowing operators to have the ability to cross-promote between traditional land-based and online consumers."

 

Kelly Shaw, Vice President of Systems Sales & Marketing at Aristocrats:

"We already created one of the best online gaming solutions in nLive, and now we wanted to further enhance the product by giving operators the ability to access and offer to their players Ongame’s premier poker content. Today both Aristocrat and Bally Technologies have agreed to offer Ongame as one of their preferred poker solutions. We have already begun work on integrating the Ongame poker solution into our nLive platform, and it is our intent to offer customers the opportunity to participate in a combined liquidity pool that will be beneficial to their customers and to the operators themselves."

 

Gavin Isaacs, Shuffle Master’s Chief Executive Officer:

"We are confident that this relationship between Shuffle Master, Ongame, and Bally will create the opportunity for gaming operators to control their data, establish liquidity, and ensure their suppliers are truly committed to a B2B model. It is relationships such as this that made us truly excited about bringing Ongame into the Shuffle Master family and opportunities like this only build momentum before the pending closing of our acquisition."

 

http://www.marketwatch.com/story/bally-technologies-shuffle-master-inc-and-ongame-networks-ltd-establish-a-business-to-business-online-partnership-2012-06-12

http://finance.yahoo.com/news/aristocrat-shuffle-master-ongame-network-130200052.html ;

http://calvinayre.com/2012/06/12/business/bally-shuffle-master-and-ongame-threeway/ ;

http://www.gamingintelligence.com/business/16383-ongame-joins-ballyaristocrat-online-gaming-b2b-platform ;

http://news.investors.com/article/614524/201206121107/bally-shuffle-master-team-up-on-online-poker.htm

 http://casinoonlinemarketing.com/2012/06/ongame-network-agrees-business-to-business-online-partnership/

 http://pokerfuse.com/news/law-and-regulation/bally-partners-shuffle-master-bring-ongame-software-nevada/ ;

http://www.innovategaming.com/2012/06/bally-shuffle-master-ongame-establish-b2b-online-partnership/ ;

http://www.igamingbusiness.com/content/ongame-network-agrees-business-business-online-partnership

 http://seekingalpha.com/article/648671-shuffle-master-a-fair-bet-after-getting-decked?source=google_news

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Poker Players Alliance believes in Nevada and New Jersey, Sportsbook Review

Poker Players Alliance believes in Nevada and New Jersey, Sportsbook Review | Poker & eGaming News | Scoop.it

The Nevada Gaming Control Board (NGCB) has recommended that Bally Technologies Inc., as well as Interactive Game Technology (IGT) receive full interactive gaming licenses. The operator and manufacturer licenses will allow both companies to service Las Vegas casinos with iGaming technology — including online poker software. John Pappas expressed optimism that operations could be underway by Q4 of 2012.

"New Jersey's had bills already passed through both the house and senate. They've taken legislation all the way to the Governor's desk, which was vetoed, but they've revised that legislation and hopefully it will be suitable for the Governor.  I don't think we'll see much action (in NJ) until later this summer, but I would say the next domino to fall would be New Jersey."

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