This Week in Gambling - News
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This Week in Gambling - News
This Week in Gambling - News
News for Online Gambling, Land Based Casinos, and Social Gaming
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Shuffle Master and Paddy Power receive Nevada approvals

Shuffle Master and Paddy Power receive Nevada approvals | This Week in Gambling - News | Scoop.it

The Nevada State Gaming Control Board regulator has approved licences for American automatic card shuffler and proprietary table games supplier Shuffle Master Incorporated and Irish online and retail sportsbetting provider Paddy Power.


The recommendations were obtained at a special hearing on Wednesday and the pair will now attend a meeting with the Nevada Gaming Commission on July 26 in hopes of becoming the fourth and fifth companies permitted to offer some form of iGaming services to residents of the western state.


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888 Signs U.S. Online Poker Deal With WMS

888 Signs U.S. Online Poker Deal With WMS | This Week in Gambling - News | Scoop.it
888 Holdings Plc, the parent company of 888 Poker, today announced a deal with U.S. slot machine supplier WMS Gaming.


The deal enables WMS to offer 888’s proprietary poker platform to its U.S. land-based casino customers, initially on a play-for-fun basis but eventually it is hoped on a real money basis when legislation is in place.


Both companies have applied for interactive gaming licenses in Nevada.


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Shuffle Master's Ongame Poker Network Deal Collapses

Shuffle Master's Ongame Poker Network Deal Collapses | This Week in Gambling - News | Scoop.it
Shuffle Master, the Las Vegas headquartered gaming group, has pulled out of a deal to buy bwin.party’s European-facing Ongame Network.


n a statement bwin.party said the two companies had “mutually agreed not to proceed with the proposed transaction” which was first announced on March 6. Shuffle Master was to have paid up to €29.5 million for the network in the wake of International Game Technology buying Sweden’s Entraction network.


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Fertitta Interactive LLC to Release its Real Money Online Poker Site Ultimate Poker

Fertitta Interactive LLC to Release its Real Money Online Poker Site Ultimate Poker | This Week in Gambling - News | Scoop.it
Fertitta Entertainment, owners of the Ultimate Fighting Championship, have announced they are ready to unveil their “real money” and social gaming online poker site, Ultimate Poker, by week’s end.


But there’s a catch. Only the free play version will be available for those customers residing in the United States at the onset, debuting this Friday (June 22, 2012) on Facebook. A promotional campaign will begin July 7 during Ultimate Fighting Championship 148.


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Internet gambling bill clears latest legal hurdle, on track for approval in N.J.

Internet gambling bill clears latest legal hurdle, on track for approval in N.J. | This Week in Gambling - News | Scoop.it

Supporters say internet gambling will help boost revenues for Atlantic City’s casinos, which have suffered from repeated declines as gambling expands in neighboring Pennsylvania, New York, Delaware and Maryland.


Opponents, including Assemblyman Ralph Caputo (D-Essex) want gambling to be offered in other parts of the state, not just confined to Atlantic City. He also advocates having racetracks such as the Meadowlands and Monmouth Park to host internet gaming rooms.


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Casino operator buys bankrupt poker tour and league

Casino operator buys bankrupt poker tour and league | This Week in Gambling - News | Scoop.it
Casino operator Pinnacle Entertainment Inc., of Las Vegas, announced today that it is buying the Heartland Poker Tour and its related assets, including poker website domain names, for $4.5 million.


Bluff Magazine reported that Pinnacle successfully bid $4.5 million this week in a bankruptcy auction for the assets of bankrupt sister companies Federated Sports & Gaming Inc. and Federated Heartland Inc. A Pinnacle spokeswoman today confirmed the purchase and price.


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Zynga Shares Fall 17% on Shrinking Facebook Gamer Ranks

Zynga Shares Fall 17% on Shrinking Facebook Gamer Ranks | This Week in Gambling - News | Scoop.it

This week, Zynga Poker became the number one game on Facebook, displacing another Zynga title, Cityville. CityVille has essentially ruled the roost since 2011, making the poker app’s triumph that much more impressive. Then again, a closer look at the numbers compiled by AppData indicates that Zynga Poker’s coronation had less to do with its growing popularity – it actually lost 300k daily and monthly active users over the past week – and more to do with Cityville’s waning fan base. In fact, Zynga games as a whole saw an 8.2% slump in daily active users in May.


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Entraction Poker Network Seeks Nevada Approval Despite Purple Lounge Debacle

Entraction Poker Network Seeks Nevada Approval Despite Purple Lounge Debacle | This Week in Gambling - News | Scoop.it

Despite its hosting a now failed online poker room, the Entraction Poker Network is moving full steam ahead to try and obtain a license to operate a Web card room within the state of Nevada.


One of its skins, Purple Lounge, abruptly shut down last month leaving players stiffed out of an undetermined amount of money. Purple Lounge had moved from the Microgaming to Entraction earlier in the year.


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Technology Aims to Read Poker Faces

Technology Aims to Read Poker Faces | This Week in Gambling - News | Scoop.it

On June 1, South Carolina resident Joseph Solomon was charged with possession of illegal narcotics following a routine traffic stop. When Solomon was unable to produce a driver’s license, he was taken to the station for questioning. The arresting officer noticed in his report that Solomon kept scratching his leg, activity the officer found “highly suspicious.” A subsequent search of Solomon’s car uncovered 17 barbiturate pills.


The officer’s observance of Solomon’s leg scratching was a classic bit of intuitive police work; spotting a ‘tell’, as poker players refer to it. (Or a sign that Solomon has lice, you never know.) The need for such human perception may be coming to an end, however; a victim of technology, like everything else. New Scientist recently profiled a software project at the Massachusetts Institute of Technology’s Media Lap dubbed MindReader, which can decipher human expressions to gauge a person’s mood. MindReader works by tracking 22 points around a person’s eyes, nose and mouth, and it’s already proving better than humans at discerning between joyful smiles and frustrated smiles. Affdex, a commercial version of the software, is already in use testing consumer reactions to advertisements.


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Zynga Hires DC Lobbyists; Sports Betting Apps Grow | Online Gaming News

Zynga Hires DC Lobbyists; Sports Betting Apps Grow | Online Gaming News | This Week in Gambling - News | Scoop.it

Social games developer Zynga has hired two lobbying firms to plead its case in Washington, DC on “legislation pertaining to regulation and taxation of internet gambling” and “privacy and internet policy.” The two firms – Bay Bridge Strategies and Peck, Madigan, Jones & Stewart – share the same suite of offices and have been badgering federal politicians on Zynga’s behalf since May. Meanwhile, Zynga’s still doing okay on the play money gambling front. Inside Social Games’ latest Top 25 Facebook Games by Daily Average Users chart shows Zynga Poker in the top spot. Other gambling apps making the grade include Zynga Slingo in 9th place, Playtika’s Slotomania tied for 17th, Zynga Bingo at #19 and DoubleDown Casino at #23.


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Zynga Takes Pounding and Japan bans kompu gacha

Zynga Takes Pounding and Japan bans kompu gacha | This Week in Gambling - News | Scoop.it

Japanese authorities officially declared ‘kompu gacha’ social games illegal on Friday. The Daily Yomiuri, which broke the news earlier this month that the Consumer Affairs Agency was studying the virtual-card-collecting games, reported that the authorities had determined the games employed a banned sales method known as ‘cards combination’. A kompu gacha ban takes effect July 1, but Japan’s leading social game firms have already announced they would stop offering the games by the end of May.


Stateside, shares in social game company Zynga took a beating on the day Facebook shares made their Nasdaq debut. After all the IPO hype, Facebook shares closed up a meager 1% from their $38 opening price – and even that reportedly required substantial share purchases by underwriters late in the day – but Zynga fell 13% to $7.16. The shares were down 20% at one point, and trading was halted twice, although part of that involved the Nasdaq system itself buckling under the strain of all that underwriter face-saving activity.

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Vasileios Volikakis's curator insight, May 13, 2013 7:44 AM

Stateside, shares in social game company Zynga took a beating on the day Facebook shares made their Nasdaq debut. After all the IPO hype, Facebook shares closed up a meager 1% from their $38 opening price – and even that reportedly required substantial share purchases by underwriters late in the day – but Zynga fell 13% to $7.16. The shares were down 20% at one point, and trading was halted twice, although part of that involved the Nasdaq system itself buckling under the strain of all that underwriter face-saving activity.

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Bwin.party Inks Online Poker Deal with California Tribe

Bwin.party Inks Online Poker Deal with California Tribe | This Week in Gambling - News | Scoop.it
Bwin.party inks 10-year deal with California's United Auburn Indian Community if/when legislation passes; PokerStars ups Zoom table cap...


On Monday, Bwin.party digital entertainment announced it had entered into an agreement with the United Auburn Indian Community (UAIC) to provide online poker services to California residents if/when state politicians shift their asses long enough to pass the relevant legislation. The UAIC owns and operates the Thunder Valley Casino Resort near Sacramento, which qualifies it to apply for an online poker license under the guidelines of the bill currently pending in the state legislature. However, without significant modifications, that legislation was recently described as “DOA” by a plethora of California tribal representatives. For the sake of argument, the bwin.party/UAIC deal would be for a term of 10 years starting from the passage of legislation.


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CyberSecurity Bill Passes in House with no Tack-on for Internet Poker

CyberSecurity Bill Passes in House with no Tack-on for Internet Poker | This Week in Gambling - News | Scoop.it

A controversial CyberSecurity bill has passed in the House despite a veto threat from the Obama administration.


The bill does not contain any amendment pertaining to the legalization of Internet poker. The Poker Players Alliance had hoped to attach legislation legalizing Web poker onto this bill.


“As much as this is a bill about getting people the right to play online,” PPA Director John Pappas this week. “It’s also about giving law enforcement clear direction on how to enforce the law.”


Pappas also stated that the PPA would try to “tack this bill onto anything that is moving”.


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Full Tilt Founder Ray Bitar free on bail

Full Tilt Founder Ray Bitar free on bail | This Week in Gambling - News | Scoop.it

After surrendering to law enforcement officials in New York early last week, the Chief Executive Officer for online poker site Full Tilt Poker, Raymond Bitar, has been released on bail after agreeing to post a bond totalling $2.5 million.


Forty-year-old Bitar has been indicted on nine counts including money laundering, violating the Unlawful Internet Gambling Enforcement Act (UIGEA) and operating an illegal gambling business. He flew into New York on July 3 from Dublin and was immediately detained by prosecutors representing the United States District Court for the Southern District of New York.


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Nevada may need partners for Net poker

Nevada may need partners for Net poker | This Week in Gambling - News | Scoop.it
Nevada has handed the technology certification process for Internet gaming systems to two of the industry's largest testing laboratories, which have certified the equipment used in legal online gaming worldwide.


Two of the state's largest slot machine manufacturers received Nevada's first interactive gaming licenses in June. Regulators could license three more suppliers this month. Another 30-plus casino operators and gaming equipment providers have interactive license applications on file with the Gaming Control Board. If all goes as planned, gaming regulators could rule on two or three applications per month well into 2013.


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Fertitta Interactive launches Ultimate Gaming

Fertitta Interactive launches Ultimate Gaming | This Week in Gambling - News | Scoop.it

Las Vegas-based Fertitta Interactive has announced the launch of its Ultimate Gaming brand, which is set to focus on the provision of real-money online games along with social gaming and digital entertainment products to players around the globe.


Fertitta Interactive purchased the assets of online gaming solutions firm CyberArts Licensing in October and stated that it has been ‘at the forefront of pursuing regulation’ for Internet poker since its inception in 2010.


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List of Spanish Poker Licensees Published

List of Spanish Poker Licensees Published | This Week in Gambling - News | Scoop.it
A full list of poker licensees has been published by Spain’s Director General for Gambling Regulation. Twenty-six operators have received a license to offer online poker in the country according to Gaming Intelligence.


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More Delays in UB.com Exec Brent Beckley Sentencing

More Delays in UB.com Exec Brent Beckley Sentencing | This Week in Gambling - News | Scoop.it
As reported by PokerFuse.com, attorneys representing an executive from UB.com are seeking to delay sentencing of their client even further.


Beckley was charged along with several other men in connection to the so-called “Black Friday” case whereby defendants are accused of funneling millions of dollars online poker funds through a St. George, Utah bank in violation of US law.


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Intrastate online gambling legislation pulled in California

Intrastate online gambling legislation pulled in California | This Week in Gambling - News | Scoop.it

Proposed legislation that could have potentially seen California become one of the first states to legalise and regulate online gambling including poker has been pulled from committee from by its sponsor.


If passed as written, Senate Bill 1463 would have allowed nearly 150 card clubs, native American casinos and horseracing tracks operating in the ‘Golden State’ to apply for licences in order to operate intrastate online gambling websites.


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Online Gambling Moves Forward in Delaware, Not in California

Online Gambling Moves Forward in Delaware, Not in California | This Week in Gambling - News | Scoop.it

Delaware’s House of Representatives has approved legislation that would permit intrastate online gambling and expand the number of retail locations offering sports betting products. Following approval by a House committee last month, the full House approved HB333 aka the Delaware Gaming Competitiveness Act by a vote of 29 to 8 on Tuesday. The Act calls for online poker, slots, table games and keno to be regulated by the state Lottery, offered via sites fronted by the state’s three land-based casinos on a platform operated by a yet-to-be-determined third-party vendor. The Act also boosts the number of venues offering Delaware’s version of sports betting by 20. Delaware was one of the four states that opted-in to legal sports betting when the federal PASPA sports betting prohibitions were enacted in 1992, but Delaware was restricted to three-game parlay bets. The legislation now moves to the Senate.


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Wynn Resorts Applies for Nevada Online Poker License: In Talks With Zynga

Wynn Resorts Applies for Nevada Online Poker License: In Talks With Zynga | This Week in Gambling - News | Scoop.it
Wynn Resorts has applied for an online poker license in the state of Nevada this week, possibly signaling the entry of Zynga into the real money poker arena in the United States.


Wynn had entered into a partnership with PokerStars just weeks before that company was indicted by the US Justice Department last year. It immediately pulled out of that arrangement. Wynn is widely believed to be in talks with Zynga to deliver the “real cash” online poker platform. Zynga itself has not applied for a license in Nevada.


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John Pappas of Poker Players Alliance interview

John Pappas of Poker Players Alliance interview | This Week in Gambling - News | Scoop.it

SBR newswoman Natalie interviews Executive Director of Poker Players Alliance, John Pappas. Mr. Pappas speaks to recent gambling news out of Nevada, as well as states such as New Jersey. Nevada is currently poised to be the first state in US history to spread online poker games to residents.

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California Revises Online Poker Bill; Bally Gets Nevada Nod

California Revises Online Poker Bill; Bally Gets Nevada Nod | This Week in Gambling - News | Scoop.it

A California Senate committee will meet Tuesday (12) to discuss Sen. Rod Wright’s amended SB1463 online poker bill (read it here). Wright’s new draft attempts to placate the very vocal opposition expressed by the state’s Indian tribes to Wright’s previous effort. For starters, the bill is now poker-only: the provision to add slots and table games to the mix after two years is toast. Also removed is the requirement for the tribes to waive their sovereignty in order to have their online poker license application considered. Tribes now merely have to waive their immunity during the application process, a hedge that not all tribes are expected to welcome. The continued presence of racetracks and advance deposit wagering sites on the list of eligible licensees will also not sit well with most tribes.


Other changes include a halving of the license duration from 10 years to five. The $30m application deposit remains, but the term during which this amount will be credited against fees owed to the state has increased from three years to five. (Once this deposit is exhausted, the licensee will begin making monthly payments of 10% of gross gaming revenues.) Also intact is the $1m-$5m fee to allow oneself to be poked and prodded for suitability by California regulators (although anything left over after they’ve removed the flashlight from your back passage will be refunded). The state reserves the right to change the fee structure after five years (up from three).


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Nevada Online Poker in 7-10 Months

Nevada Online Poker in 7-10 Months | This Week in Gambling - News | Scoop.it
Americans could see the first U.S.-based licensed and regulated real-money poker site this holiday season.


At Monday’s Gaming Policy Committee meeting in Las Vegas, Nevada Gaming Control Board Chairman Mark Lipparelli said that the Silver State will likely issue its first licenses in 30-60 days — and it will probably take another six to eight months after that before games are running.


At the last meeting, Lipparelli suggested a slightly earlier date for licenses. The majority of time will be devoted to regulators approving the technology of licensed sites. This spring, the state finalized rules for the private testing of software.


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Iconic poker champ 'Amarillo Slim' dies

Iconic poker champ 'Amarillo Slim' dies | This Week in Gambling - News | Scoop.it
Thomas Preston Jr. spent 22 hours to make $60,000 and headlines as "Amarillo Slim" in the 1972 World Series of Poker, then lived a public life of gambling and showmanship until his death Sunday morning.


In private, he was a family man and lover of horses.

“He was a cowboy at heart,” said Bunky Preston, his eldest son. “He used poker to make money, but he enjoyed chasing cows.”


Slim, 83, had been a patient at Baptist St. Anthony Hospice since April 18.


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