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Aristocrat chooses Ongame Poker from Amaya

Aristocrat chooses Ongame Poker from Amaya | Poker & eGaming News | Scoop.it

Aristocrat Partners With Ongame Poker For The Emerging U.S. Online Gaming Market

 

MONTREAL, Canada and LAS VEGAS, Nevada (May 2, 2013) – Amaya Gaming Group Inc. (TSXV: AYA) and  Aristocrat Technologies Inc. today announced they have entered into a Memorandum of Understanding whereby Aristocrat will offer the Ongame poker network platform to Aristocrat’s U.S. customers through Aristocrat’s award-winning nLive™ online gaming platform.

 

Ongame has added many features for recreational players tailored for the U.S. market. Recent new products include Strobe, a new fast-fold poker format; Instant Rewards, an achievement and player incentive engine; and Hyperspace, in-client player communication. Ongame poker also has full mobile support for both iOS and Android, including tablets, and iPads.

 

Aristocrat’s nLive solution offers land-based operators a turnkey solution for providing their players with an online gaming solution. Operators can immediately start to offer play-for-fun games, which give players the chance to sample casino table games, multiplayer games and Aristocrat’s online slots when they’re not in the venue. As soon as necessary regulatory approvals have been put in place, the operator can switch from play-for-fun poker to real money poker.

 

“We are delighted to partner with Ongame to offer online poker on the nLive platform,” said Atul Bali, President of Aristocrat Americas. “This aligns perfectly with our strategy of bringing our best-of-breed wagering, free play and social platform, while integrating both Aristocrat and leading third-party content as part of the nLive offering.”

 

“Aristocrat and Amaya share a common vision of integrating land-based gaming with online gaming,” said David Baazov, CEO of Amaya Gaming Group Inc. “Integrating our online poker offering into the Aristocrat nLive platform opens up a wide range of new opportunities in the United States. This is a strategic relationship in the most promising market in the world.”

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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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Amaya's Ongame to Power Poker for Mohegan Sun, First East coast poker solution announced

MONTREAL, Canada – November 27, 2012 – Amaya Gaming Group Inc. (“Amaya”) (TSXV: AYA) announced today that Mohegan Sun has chosen Amaya’s subsidiary Ongame Network Ltd. (“Ongame”) to power its online poker offering. Mohegan Sun will enter the online gambling market in early 2013 by launching play money poker at www.mohegansun.com for PCs, Macs, smart phones and tablets.

 

“We have been looking for the best possible fit for a poker partner for over 6 months,” said Mitchell Etess, Chief Executive Officer of the Mohegan Tribal Gaming Authority. “Mohegan Sun needs a provider who has outstanding regulatory experience and flexibility to offer intra-state play-for-free poker at first, and the technology to enable real money online poker when it is legalized. We are proud to announce that this partner is Ongame.”

 

The action by The Mohegan Tribe marks the first move by an East Coast casino operation into the world of online gaming and poker. This will enable Mohegan Sun to be at the head of the line when legalized real money poker is available to American customers.

 

“It is exciting to be part of the move online for one of the most dynamic and expansive casino operators in the United States”, said Peter Bertilsson, Managing Director of Ongame. “Mohegan Sun is the second largest casino site in the United States and it will be very exciting to be a partner in their online gaming operations as this becomes an important part of their future business strategy.”

 

About Amaya

Founded in 2004, Amaya Gaming Group Inc. is a technology based gaming provider for the regulated gaming industry. An expansive global organization, present in North America, Latin America, Europe, and Asia, Amaya is an innovator in the gaming world.

 

Headquartered in Montreal, Canada, Amaya provides a host of services and solutions that range from: online and mobile casino games and platforms, traditional and mobile lotteries, hospitality in-room entertainment systems, management systems, content suites, advisory and management services, and integrity monitoring and auditing systems for the regulated gaming markets.  For more information please visit www.amayagaming.com or www.amayaonline.com.

 

About Ongame

Ongame is one of the world’s largest B2B poker providers. The global network includes more than 25 of the e-gaming industry’s strongest brands and operators, and has up to 45,000 concurrent players at peak hours. Ongame also operates on regulated markets like France, Italy, Denmark, Belgium and Spain. The company offers both operators and their players a wide variety of cash games and tournaments to choose from, every hour of every day. Ongame Network Ltd is headquartered in Gibraltar and part of the of Amaya Gaming Group Inc. Further information about Ongame can be found at www.ongame.com.

 

About Mohegan Sun

Mohegan Sun, owned by the Mohegan Tribal Gaming Authority, is one of the largest, most distinctive and spectacular entertainment, gaming, shopping and dining destinations in the United States. Situated on 185 acres along the Thames River in scenic southeastern Connecticut, Mohegan Sun is within easy access of New York, Boston, Hartford and Providence and located 15 minutes from the museums, antique shops and waterfront of Mystic Country. More information is available at mohegansun.com. Connect with us on facebook.com/mohegansun, follow us on twitter.com/mohegansun, find us on pinterest.com/mohegansun and view us on youtube.com/mohegansunvideos.

 

Other sources:

http://www.newswire.ca/en/story/1078479/amaya-s-ongame-network-to-power-poker-for-mohegan-sun ;

http://www.gioconews.it/esteri/amaya-ongame-network-muove-i-primi-passi-nel-poker-online-usa-31042.html ;

http://www.gioconews.it/english-pages/amaya-s-ongame-network-to-power-poker-for-mohegan-sun-first-east-coast-poker-solution-announced-31044.html ;

http://www.lelezard.com/communique-1601872.html ;

http://www.gamingintelligence.com/business/18483-amayas-ongame-signs-mohegan-sun-online-poker-deal ;

http://www.egrmagazine.com/news/mohegan_sun_chooses_ongame_for_online_poker ;

http://www.gambling911.com/poker/mohegan-sun-poker-use-ongame-software-platform-112712.html ;

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Louisiana casinos take in us$ 197 million in July, Yogonet

Louisiana casinos take in us$ 197 million in July, Yogonet | Poker & eGaming News | Scoop.it

Louisiana's state-licensed casinos took in nearly us$ 197.6 million from gamblers in July, a 12 % drop in winnings from July 2011 and a 3 % dip from the previous month.

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Isle of Capri swings back to profit, G3 Newswire

Isle of Capri swings back to profit, G3 Newswire | Poker & eGaming News | Scoop.it

US local’s operator Isle of Capri Casinos saw a return to profit in its first quarter making more money, on its gaming floors, from its hotel rooms and from food and beverage despite a general economic softness and a pull-back in discretionary spending.

 

Net revenues for the quarter increased to $235.8m from $227.6m although comparisons to prior year were impacted by the closure of five properties for part of the first quarter in fiscal year 2012 due to flooding of the Mississippi River.

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Republican Party calls for ban on online poker, Legal Poker Sites

Republican Party calls for ban on online poker, Legal Poker Sites | Poker & eGaming News | Scoop.it

Over the past year, there has been increasing optimism over the possibility of online poker begin legalized within the next couple of years. That optimism may have been a bit premature as the Republican Party earlier today released their platform and should Mitt Romney become President of the United States, it could end legalization effort for at least the next four years.

 

“Millions of Americans suffer from problem or pathological gambling that can destroy families. We support the prohibition of gambling over the Internet and call for reversal of the Justice Department’s decision distorting the formerly accepted meaning of the Wire Act that could open the door to Internet betting."

 

Other sources:

http://www.pokerupdate.com/news/legislation/republican-platform-seeks-online-gambling-prohibition/

http://theppa.org/newsletters/2012/08/29/weekly-update-gop-platform-calls-for-a-prohibition-of-online-poker-08292012/

http://www.pokernewsdaily.com/republican-party-continues-to-disappoint-22420/

http://www.gaming-awards.com/NEWS/republican-party-convention-make-stand-against-online-gambling/

http://www.pokernewsdaily.com/gop-convention-passes-platform-that-includes-anti-online-poker-stance-22425/

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Knowing When To Fold ‘Em - The Science of Poker, Jennifer Ouellette Scientific American

Knowing When To Fold ‘Em - The Science of Poker, Jennifer Ouellette Scientific American | Poker & eGaming News | Scoop.it

Last week, a federal judge in Brooklyn overturned the indictment of a Staten Island man who ran poker games in the back room of a warehouse, on the grounds that poker is a game of skill, not chance — and hence, such games cannot be prosecuted under federal laws prohibiting illegal gambling businesses.

 

It’s just the latest sally in the ongoing debate over poker that’s been raging for more than 150 years. And it comes on the heels of a ruling last year by the Justice Department that 1962′s Wire Act applied only to sports betting, not poker. This is kind of ironic, since the Justice Department also shut down online poker in the spring of 2011, charging the men behind the three most popular online sites with fraud and money laundering.

 

Clearly, the issue is far from resolved, but John Pappas, executive director of the Poker Player’s Alliance, is encouraged by the latest ruling by Judge Jack B. Weinstein. “Today’s federal court ruling is a major victory for the game of poker and the millions of Americans who enjoy playing it,” he said in a statement. The alliance is dedicated to decriminalizing poker.

 

Other sources:

http://www.economist.com/blogs/gametheory/2012/08/legal-status-poker?fsrc=scn/tw_ec/skill_kills_lady_luck

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Online Poker on the rise again in the US, Innovate Gaming

Online Poker on the rise again in the US, Innovate Gaming | Poker & eGaming News | Scoop.it

Despite several years of government efforts to prosecute operators and payment processors, online poker and casino gambling continues to thrive in the US.

 

Robert Stern, PokerSites Communications Director, said, “We are seeing more and more people realizing that online gambling is here to stay and are more comfortable accessing online poker now that that US states are legislating to clear up any gray areas.”

 

Millions of Americans are still gambling online and are spending upwards of $4bn a year on the sites that will still accept them. Internationally, internet gambling accounted for $32.8bn in revenue in 2011.

 

Over the next five years, social gaming on smartphones and tablets is projected to generate around $100bn in revenue.

 

These developments have started to have an effect on state legislators, who are eager to cash in on potential revenues. This has gathered pace since the December 2011 federal ruling that stated that online poker and other skill-based games were not considered illegal as long as they were specifically legalized state by state.

 

“Now that one of the most high profile prosecutions has been settled, with Full Tilt Poker and PokerStars agreeing to pay $731 million in consumer compensation, we expect to see increased interest in online poker as more US players test the waters,” added Stern.

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Rumors says PokerStars has bought Full Tilt, Pokerfuse

Rumors says PokerStars has bought Full Tilt, Pokerfuse | Poker & eGaming News | Scoop.it

There has been a string of reports over the last 24 hours that the deal between PokerStars and the US Department of Justice to purchase Full Tilt Poker is “done,” set in stone and that an announcement is imminent. Reports vary on the exact timing of the day of the announcement: Some implied yesterday, more said Monday and others claim Tuesday.

 

No official announcement has come from any party involved and, until that time, the deal is not complete.

 

Other sources:

http://www.legalpokersites.com/blog/full-tilt-poker-to-relaunch-in-november-according-to-eolis/

http://www.pokernewsdaily.com/rumors-of-pokerstars-purchase-of-full-tilt-poker-run-rampantagain-22239/

http://www.gambling911.com/poker/breaking-news-full-tilt-poker-players-be-paid-full-us-attorney-grants-deal-072712.html

http://www.gaming-awards.com/NEWS/pokerstars-complete-ftp-takeover-reports/

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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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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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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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Bally signs Ongame poker deal

Bally signs Ongame poker deal | Poker & eGaming News | Scoop.it

Bally Technologies and Amaya Gaming sign poker content agreement
U.S. partnership will also include other online casino content


MONTREAL, Canada, February 11, 2013 — Amaya Gaming Group Inc. (TSX.V: AYA) today announced the signing of a memorandum of understanding with Bally Technologies, Inc. (NYSE: BYI) to integrate Amaya’s Ongame Poker Platform (“Ongame”) and casino suite into Bally’s award-winning iGaming Platform.

 

Ongame’s best-of-breed solution will be Bally’s preferred poker provider in the emerging U.S. online gaming market. Ongame’s global online poker network includes 25 of the e-gaming industry’s strongest brands, owned by a total of 19 operators in regulated jurisdictions, and currently reaches more than 20 million customers in over 25 markets. Ongame also operates regional networks in France, Italy and Spain.

 

The ability to integrate Ongame’s poker platform and other iGaming content will provide land-based casino operators another best-in-class business-to-business offering and allow them to utilize world-class technology, while maintaining control of their operations through a proven, licensed gaming supplier.

 

Additionally, casino content created by Amaya, will be integrated into Bally’s iGaming Platform, giving casino operators additional world-class content in Bally’s open platform.

 

“We are delighted to add Bally as a partner in the US Market,” commented Darcy Krogh, VP Business Development of Amaya Gaming Group. “They are an established global brand with great customer reach in the land based gaming industry. The combination of Bally and Amaya should provide casino operators and their players many benefits of a strong strategic alliance, bringing state of the art poker and casino content to the market.”

 

Bally Technologies’ Vice President of Business Development John Connelly said: “Ongame is a world leader in the online poker space and we are excited to incorporate their best-in-class offering into the Bally iGaming platform. This relationship further validates the current transformation within the online gaming sector, which integrates traditional and online casino systems, allowing casino operators to protect their data, while offering their customers Best in Class content.”

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Turn-key US poker in cooperation with SHFL

Turn-key US poker in cooperation with SHFL | Poker & eGaming News | Scoop.it
SHFL entertainment to be the Exclusive Distributor of Amaya's Online Poker and Gaming Platforms in the United States

MONTREAL, Canada – December 17, 2012 – Amaya Gaming Group Inc. (“Amaya” or the “Corporation”) (TSXV: AYA), an entertainment solutions provider for the regulated gaming industry, and SHFL entertainment, Inc. (NASDAQ Global Select Market: SHFL) (“SHFL” or the “Company”) today announced that SHFL has been selected as the exclusive distributor of Amaya’s state of the art Gaming Platform (“AGP”) and the Ongame Poker Platform (“Ongame Poker”) in the United States for a 10 year term commencing on the execution of the definitive agreement.

SHFL was founded in 1983 with corporate headquarters in Las Vegas, NV. The company posted 2011 revenues of US$228 million (all figures in US dollars) and has a current market capitalization of $887 million. SHFL has over 3,000 customers in six continents and holds more than 300 gaming licenses, approvals, authorizations and waivers from gaming authorities and regulators worldwide. In July, SHFL was one of the first three companies to be granted an unrestricted interactive license by the Nevada Gaming Control Board.

The terms of a definitive agreement will include SHFL making up to a $10 million payment to Amaya for the exclusive rights granted. SHFL and Amaya will share all revenue equally and also split all direct U.S. operational expenses, such as hosting, hardware and licensing costs. Upon the execution of the definitive agreement, SHFL will pay Amaya $2 million and have the immediate ability to offer its business-to-business (“B2B”) customers the AGP casino content and Ongame Poker solution for free-to-play social casino, which is one of the fastest growing segments of online entertainment in North America.

Contingent upon regulated, real-money online poker commencing under either a Federal statute or in California, SHFL will pay Amaya an additional $8 million. Alternatively, if individual States commence regulated, real-money online poker before commencement of such play under either a Federal statute or such play becomes legalized in California, SHFL will pay up to an aggregate of $8 million on a prorated basis (based on population) as individual States commence regulated, real-money online poker. In the event the Federal government or California commences regulated, real-money online poker after any other State, SHFL will pay Amaya the difference between $8 million and the aggregate amount previously paid.

“With over 90 companies around the globe currently using its platforms, we believe that Amaya is a leader in the online gaming market and working with them will offer many mutual benefits,” said Gavin Isaacs, SHFL’s Chief Executive Officer. “We are confident that the integration of our renowned brands and content delivery technology into Amaya’s full suite of cutting-edge online platforms will create a turnkey solution for our customers. Together with our many U.S. gaming licenses, we believe we will be able to maximize the market presence of these platforms.”

"Strategic alliances have always been an integral part of Amaya's strength and growth in key markets, and SHFL, with its reputation for gaming innovation and strong relationships in the U.S., is an ideal partner for us in the U.S. market," said David Baazov, CEO of Amaya. “Amaya expects to leverage those qualities by combining our technologies and expertise and putting forward a very compelling offering to U.S. operators wishing to extend their brand and operations online.”

Added Louis Castle, SHFL’s Chief Strategy Officer: “Free-to-play and social casino offer an exciting immediate opportunity for collaboration with Amaya. The U.S. online poker market is also very promising and we are thrilled to have the opportunity to work with Ongame, whom we have always believed has the best technology available for online B2B poker.”
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Would EA venture into real-money online gambling? Dean Takahashi VentureBeat

Would EA venture into real-money online gambling? Dean Takahashi VentureBeat | Poker & eGaming News | Scoop.it

Social gaming giant Zynga has announced it will move into real-money online gambling in early 2013. Electronic Arts has a big stake in casual social casino games such as Lucky Gem Casino Slots, and it has a relationship with the World Series of Poker TV series.

 

But it hasn’t decided yet whether to add real-money gambling to those games, according to Frank Gibeau (pictured below), the president of EA Labels and the head of the company’s game development efforts. It would be easy to do, but there’s a lot of discussion about the complexity it would add to the business and whether it’s the right thing to do culturally, Gibeau said.

 

“The leap from [social casino games] to real money is conceptually small, but it is a complicated one,” Gibeau said. “It’s a world market issue. There is a lot of U.S. regulation. There are fully regulated markets all over Europe and some emerging in Asia. I do thing real-money will be a growth driver for gaming. I have nothing to announce. We’re following the trends and events in real money. “

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Pokerstars: “We fully expect to participate in the US market”, Yogonet

Pokerstars: “We fully expect to participate in the US market”, Yogonet | Poker & eGaming News | Scoop.it

"We have reached a settlement of the civil charges filed against us by the U.S. Department of Justice related to our former business offering real-money online poker.  As part of the settlement agreement, PokerStars has also acquired the assets of Full Tilt Poker, and we have committed to the full reimbursement of Full Tilt Poker customers outside the United States."

 

"The total amount to be paid by PokerStars is us$ 547 million which will be payable over a period of three years. The money paid to the US Government will in part be used to reimburse former Full Tilt Poker customers in the United States, through a remission process to be administered by the Department of Justice. PokerStars repaid all amounts owing to its own U.S. customers shortly after it closed its U.S. operations in April 2011."


"We fully expect to participate in a future regulated US market. Just what form that will take (state-by-state or federal regulation) remains to be seen.  We’ll certainly watch the developments closely and make decisions based upon the circumstances. We are the leading online poker site and licensed in more countries than anyone in the industry.  We bring tremendous value, credibility and integrity to the marketplace.  With our US legal issues now resolved, we are a very qualified candidate for a license."

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US Court: Poker is a game of skill not luck, Haley Hintze Pokerfuse

US Court: Poker is a game of skill not luck, Haley Hintze Pokerfuse | Poker & eGaming News | Scoop.it

Last week’s decision in the case of United States v Dicristina declaring poker to be a game of skill has many onlookers rejoicing, expecting the ruling in the Eastern District of New York (EDNY) federal court to suddenly herald a new and wide-open era of poker.

 

The IGBA and other federal gambling statutes, from the 1961 Wire Act through the 2006 UIGEA, uniformly ignore any mention of the word “poker,” leaving much to be interpreted by enforcement and judicial authorities.

 

The endstory was that the PPA, on behalf of Dicristina, offered better expert testimony than the prosecution’s expert, who mailed in a less rigorous proof of poker as gambling, replete with lack of first-hand knowledge and examples of opinion masquerading as factual analysis.

 

The verdict can always be appealed, and the government has already invested considerable resources in propagating the appearance of poker as an unsavory gambling activity; there’s no reason to expect that anit-poker-minded feds will just curl up into a ball and roll off into the sunset.

 

The Dicristina ruling applies only on the federal level, and the federal level might be a losing platform for arguing poker’s skill merits anyway.

 

Other sources:

http://www.gambling911.com/poker/judge-weinstein%E2%80%99s-ruling-poker-%E2%80%98game-skill%E2%80%99-could-spark-resurgence-online-082812.html

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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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The Growth of Online Gambling, PokerSites

The Growth of Online Gambling, PokerSites | Poker & eGaming News | Scoop.it

The Growth of Online Gambling Infographic - Examining the huge growth of online gambling and poker in the UK and United States of America.

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Cantor signs online poker deal with California horse racing, Gaming Intelligence

Cantor Gaming has signed an exclusive provisional agreement to provide an intrastate online poker platform for California-based thoroughbred racing and breeding association, Horse Racing United.

 

Both Horse Racing United and Cantor Gaming support the state of California passing legislation to legalize online poker, which they claim would generate substantial revenue for California at a time of significant budget challenges, as well as provide further support to the California horse racing industry's 50,000 jobs and $2.5bn economy.

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Cantor reaches deal to provide online poker, iGamingPost

Cantor reaches deal to provide online poker, iGamingPost | Poker & eGaming News | Scoop.it

Cantor Gaming have announced that it has reached an agreement with the California horse racing tracks to provide online poker technology and infrastructure, should it be legalized in California.

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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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Politician defends low-taxed state-monopoly against competition, Terrence Dopp at Bloomberg

Politician defends low-taxed state-monopoly against competition, Terrence Dopp at Bloomberg | Poker & eGaming News | Scoop.it

Atlantic City’s total revenue continues to decline. Recreational polayer focused casinos in Pennylvania is outcompeting the low-taxed 8% Atlantic City. Gamblers in the New york area prefer convinience even though paying a 55% tax. 

 

Atlantic City’s 11 casinos pay an 8 percent tax, generating $247 million per year. Andrew Zarnett, a gaming analyst at Deutsche Bank Securities in New York, said two casinos at the Meadowlands could bring in as much as $500 million of tax revenue a year and “stop some of the bleeding.”

 

New Jersey Governor Chris Christie remains focused on Atlantic City and will block any competitors within the state.

 

Other sources:

http://www.gambling911.com/gambling-news/chris-christie-continues-be-adamant-casino-gambling-atlantic-city-only-072612.html

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June gambling revenue flat in Mississippi, Gambling911

June gambling revenue flat in Mississippi, Gambling911 | Poker & eGaming News | Scoop.it

Overall revenue rose less than 1 percent from June 2011, to $186.9 million, according to Mississippi Department of Revenue figures released Tuesday. Statewide revenue was basically flat with May, down less than $150,000.

 

In June, the 12 coastal casinos won a total of $89.9 million from gamblers, down 4.3 percent from the $94 million that they won in June 2011.

 

The 17 river casinos from Tunica to Natchez won $97 million, up 5 percent from $92 million in June of last year. That month, riverfront casinos were still recovering from the flood that led to widespread shutdowns in May 2011.

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