Despite their global cash game traffic dipping to a 2-year low, New Jersey Party Borgata continue the strong showing 150 cash game players.
However, it appears as though their numbers in New Jersey are small as compared to that of the rest of the world. But, Norbert Teufelberger, CEO of Bwin.party is optimistic about it being the right market for their brand to grow.
Earlier this year, PartyPoker strengthened their presence in the Garden State as their forged a partnership with New Jersey Devils. This was a first of sorts for a deal between a sports team and online gambling brand in the US.
Now, PartyPoker has recruited former New Jersey Devils ice hockey legend, Ken Daneyko, as a sponsored pro. He will join the likes of Mike Sexton, Kara Scott, Jamie Kerstetter and Scott Baumstein to push the brand in the state of New Jersey.
The 50-year-old is in no way a newbie to the online gambling business as he already has a poker tournament victory under to his credit. After beating 271 players at the WPT Borgata Spring Open $230 Deepstack to pocket a cool $14,000.
Speaking about Party Poker’s newest member, Mike Sexton said: “Ken was a fierce competitor on the ice and from what I’ve seen, and he’s even fiercer at the poker table. He is a great addition to the team and will be a great ambassador for online poker in New Jersey.”
Daneyko has done quite a bit of sports commentary and PartyPoker could use this aspect of his personality to add him to the commentary team of Mike Sexton and Vince Van Patten at their sponsored events.
Speaking about him joining PartyPoker as a sponsored pro, Ken Daneyko said:
“I used to get excited at the drop of a puck but now I can’t wait for the turn of the river. Joining Team partypoker with a great champion like Mike Sexton and a great team in Kara, Jamie and Scott makes us the perfect line-up. I love New Jersey, I love poker and there is no better place to play online in the Garden State than on partypoker.com. I can’t wait to play, have fun, win and make new friends online…but mostly win because I love the competition.”
The former New Jersey Devil’s star is also a three-time champion of the Stanley Cup. So the guy knows a thing or two about being a winner!
Full Tilt Poker’s remission process is finally over as the last date to file petition ended on September 3.
After the online poker site closed shop in April 2011, the DoJ got to know that FTP did not have $330 million in player funds. The site has did not segregate site’s payroll and expense accounts.
This led to the site being labeled as an “international Ponzi scheme that left players empty-handed,” by Manhattan U.S. Attorney Preet Bharara
Finally, the DoJ agreed to settle the matter as PokerStars acquired FTP and completed the pending player funds.
However, US players had a tough time receiving their funds. A process was devised so that all the US players could finally get their cash, which began in 2014.
As of now $110 million in reimbursements has been paid out to the US players, and “professionals” was the last set of players to get their money. They were granted until September 3rd to process their applications by sending them to the FullTiltPokerClaims.com, which read:
“It has been determined that players designated by Full Tilt Poker as ‘professionals,’ other than Team Full Tilt Players, will be able to submit Petitions for Remission to recover the portion of their account balance that is not attributable to compensation provided by FTP or affiliate revenue.”
There was a huge debate as to whether the pros would be eligible to receive the funds because it was believed that they too could be part of the conspiracy. But finally it was decided that there was no evidence that the pros would be aware of the underhand tactics employed by the board of directors.
The likes of Chris Ferguson, Howard Lederer, Rafe Furst and Ray Bitar managed to avoid jail time but had to pay $40 million.
Social poker software developer, Zynga has announced App Store and Google Play will house the new Zynga Poker. It is free to play and has been devised for mobile play keeping all the key consideration in mind. Players can expect a smooth online poker experience with speed and graphics that will define the new software.
Vice President of Games, Zynga Casino, Jon Liu said:
"In reimagining Zynga Poker, we set out to create the most authentic and immersive poker experience that mirrors the fun and excitement consumers have on real casino floors – all in a free-to-play social game. We listened closely to consumer feedback and our player community to create a Poker experience that delivers the fresh, unique features players have been asking for while staying true to the classic game our loyal fans have loved for the last seven years."
New features in Zynga Poker include:
Complete Redesign – The new look is inspired by the real life Vegas casinos. Players can expect to get a feel of the grand with rich animations and realistic casino floor sound effects. Players are bound to love this upgrade in the design of Zynga Poker.
Intuitive Controls – Since the new software is made for mobile play, all the controls are simpler and more sophisticated. Players will be able to bet, raise, call and fold more easily. Also, all the options to play will be more seamless.
Social Connections – Zynga takes social experience for players to the next level. You can now know where your friends or enemies are playing and join the table to play with or against them.
Personalized Play – The software understands the finer nuances of the game including the skill level of the player and therefore the player seating will occur as his or her level of play. So you don’t have to worry of Sharks being seated at your table.
Zynga has over 350 million registered players. It was launched in 2007 and close to 100 billion hands of online poker have been played on Zynga. Facebook was the major reason why so many players go hooked on to Zynga Poker. In fact playing free money poker on the site helped players learn and improve their online poker skill.
The new Zynga Poker is available App Store and Google Play for free download.
In a recently compiled report by online poker database company, legendary poker player Gus Hansen is believed to have lost nearly $20,000,000 at the virtual tables throughout his career. Credible team at highstakesdb compiled this report.
Hansen is considered as one of the toughest competitors at a poker table. He’s steely resolve especially while looking straight into his opponents’ eyes is well renowned. Another thing that is a certified fact is that Hansen is a legendary figure in the poker world. Hence this report comes as a shock especially considering the skill of the player in question.
As per the high stakes poker tracking company, the “Great Dane” has played approximately 1.5 million hands online. That’s quite something!
Being a former backgammon player, Hansen was also a youth tennis champion. He has a habit of wagering on almost anything including his own boxing matches. This is what makes him a great source of gossip for poker sites and media in general. Having one almost every accolade in the game, Hansen has also had major downswings and long-running losing streaks at the same time.
As per the report, Gus has won just $730,000 before lunch on August 28. He is a sponsored pro at Full Tilt Poker. He may not be the greatest at online poker, but Gus still remains a huge force on the live tables.
Interestingly, on September 14, he will go head to head with Viktor Blom in a 3-game series on FTP. The loser of that battle will have to fulfill quite a few embarrassing challenges. All the details of that event, including how you can be a part of it and win BIG money are documented here.
Get set for a big showdown between two great talents of online poker – Gus Hansen and Viktor “Isildur1”Blom. Full Tilt Poker has set up this battle royal.
September 1 is the date you should mark down on your calendar. It is when the duo go head-to-head in a three-game battle.
Out of the three games, one who Blom’s choice - No Limit 2-7 Triple Draw; the other was Hansen’s choice - Stud 8.
What about the third game?
Well, that’s where you, the reader come in. This is a great chance to participate in this battle rather than just being a railbird.
The third game will be selected by a public vote on the Full Tilt blog. So that is your chance to have a say and be a part of the action.
The winner after conclusion of three games will get $50k. Also, in a bit of banter, loser has two options. He must either video record himself singing the national anthem of the winner’s country, or play another 1,000 hands of Razz with stakes of $0.05/$0.10. Ouch!
This match is also being used by Full Tilt to promote their brand. Hence, players depositing $20 or more will earn a minimum of 50 FT points. However, this promotion is valid only between August 28 and September 7.
Customer will also get a ticket for the $10K Gus Supporters Freeroll or the $10K Viktor Supporters Freeroll that is scheduled to take place on September 13.
Once the match is over, players who participated in the winner’s freeroll will then be enrolled into a $30K Heads Up Showdown Flip Freeroll that is scheduled for September 15.
There are more benefits even if you miss out on the action. Here is how…
Anybody who is logged in while railing this match between the two pros, will be enrolled into a raffle to win a $635 FTOPS Main Event ticket.
Both Blom and Hansen have not had a favorable 2014. So both the players have a great chance to pile on the misery on his opponent. However, the battle may come down to what the FTP customers vote as their third preferred game.
Well, it does not get any bigger than this. Two online poker legends on collision course!
*photo courtesy pokerfuse
As things stand and with the rules and regulations governing the poker market in USA, there is no denying, 888 Poker is in a fine position to derive great benefits of the situation. With an already established brand image, and firmly in the good books of the regulators, 888 are so far doing a good job in all three states that allow online gambling in the USA.
It now appears, as the firm will convert intrastate online poker into an interstate enterprise, and a first at it. The company recently announced their plan to share a poker network between two states - Delaware and Nevada, both theses states have put pen to paper to agree to such an interstate network.
This agreement was signed in February 2014. Industry experts had predicted 888 would be the only brand that would be able to take advantage of this pact between Delaware and Nevada. Why?
Because, among all the online poker sites operating in Nevada, the only one offering software to Delware’s 3 racetrack casinos is 888. Hence such a scenario only implies that the company would be best placed to benefit from an interstate deal.
This news came via a statement by the company to its investors. As of now, 888 already offers online poker software to WSOP site in Nevada. They also intend to start their own online poker room, branded as 888 there. The two sites will share player pool with a Treasure Island-backed option.
Except from the investor statement:
That liquidity will then be shared with the Delaware sites to create a six-room network that spans the two states. This will be known as the All American Poker Network (AAPN), and could prove to be the largest regulated poker network in the United States. The company also runs an APPN site in New Jersey. However, that is currently a standalone poker room, and without any compacts that include New Jersey, it cannot be connected with sites in other states.
It is now public knowledge that the company’s CEO Brian Mattingley is stepping down from his position and taking on the role of Executive Chairman of the board. Richard Kilsby will be taking over as Non-Executive Chairman of the Board. With a management overhaul at the company and great new opportunities in the USA, 888 Holdings is definitely headed for some exciting yet unpredictable times.
Under pressure from the player community, Betcoin, the bitcoin-only online poker site was compelled to make the figures of newly reduced rake charges at cash games.
The online poker site had partnered with WPN to enable their players to be a part of the WPN tournaments, which is considered as the best performing skin on the network. The new low rake figures brings them on a similar level like SealsWithClubs, which is the leading Bitcoin-only online poker room.
Post the implementation of new rate; the house takes 2.5% for regular tables. For heads-up tables comprising of stakes higher than 0.25/0.50, rake is reduced by 1.3%. With the new rake structure, the Bitcoin poker sites easily classify as the most economical online poker sites in the world.
Dot-com sites across the globe follow charge a rake of about 5% on an average. The figure could go higher for micro-stakes cash games. However, one exception needs to be made here – PokerStars – does not have a higher rake % at micro-stakes tables. In fact, players can accumulate VIP points at a faster rate here.
The state run online poker rooms in countries like Finland and Sweden both charge obviously charge a lower % for rake as compared to privately run sites. Ray.Fi in Finland charges 3% with a cap of €2 on most games and charge just €1 for the lowest stakes. Svenska Spel in Sweden like Bitcoin sites takes a rake of 2.5%.
PokerStars (dot-com) charges a rake at 1c/2c is 3.5% with a 30c cap. PokerStars.fr takes a rake of 6-6.5%. This higher % of rake is due to the tax applied on them by the government of France for cash games.
PKR, the world’s 3D poker room has turned 8 and they are celebrating this milestone moment by introducing new mobile apps and a software upgrade.
Calvinayre quote the founder of PKR, Jez San saying:
"We started from nothing. We were one of the last poker companies to launch and we came up with something that was different and that allowed us to survive in a very competitive world. When I first started PKR, the goal was to try and get as close to real life poker as we could. Online [poker] was all about cards and numbers, while when you play with your friends, it is all about making fun of each other, having a laugh and being more sociable. So I tried to come up with an idea that would be more about the fun aspect of the game."
"PKR is about having fun and being sociable. Everybody is now using their mobile phones and tablets to play games. Some of them are even second screening – they watch TV and at the same time they have their iPad or iPhone on their lap."
Another member representative of the 3D poker rooms said:
"Eight years ago today, we opened our virtual doors for the first time. Much water has passed under the bridge since then. We have seen millions of avatars in action at the felt, enjoyed eight PKR Live events, celebrated the victories of 78 PKR Masters champions and seen both online qualifiers, Team Pros and staff bring home the bacon in major live tournaments. As our 3D poker journey continues, we look forward to many more great moments. Our development team will be busy in the coming months, with multi-table tournaments for Android following this week's launch of multi-table tournaments on iOS".
"A new forum is on its way, packed with new features and designed to be used on the go. The most eagerly awaited change comes this autumn, with the biggest update to our desktop software since this day eight years ago, when the original poker software was born."
As a brand that has focused on innovation in technology, the birthday of PKR was marked by their approach, which is excited about what the future holds rather than what they have achieved in the past years.
The new PKR 3D poker app can be downloaded for free from the Apple AppStore. All the users living in UK, Ireland, Sweden, Denmark or the Netherlands will now be able to the complete PKR Poker offer and enjoy the game play on iOS or Android.
Texas hold'em sit-and-go’s, multi-table tournaments, and the scheduled events and ring games will now be available for play and real money on desktop client as well.
Industry experts deem this latest upgrade by PKR has their most prominent upgrade since their launch in the year 2007. So players and 3D poker enthusiasts can look forward to bigger and better online poker experience at in the coming years. We wish them the best on this momentous occasion and hope they continue to lead the way in cutting edge technology in the poker industry.
The online poker market in Denmark has declined for two years in a row now. This puts a serious question against Holland and Sweden’s stand that online gambling system of Denmark was the best to follow.
As per the new figures released by Danish gambling authority Spillemyndigheden, the second quarter in 2014 witnessed a 20% year-on-year reduction. The revenue generated for the second quarter was Kr. 40 million ($7,186,231) as compared to Kr. 50 million ($8,982,789) during the Q2 for 2013.
In 2012, revenues from online poker stood at Kr. 55 million ($9,881,067), which are even more than 2013. Hence this points to a case of a steady decline and can’t be considered as a one off.
As per the estimates of Spillemyndigheden, the total revenue forecast for 2014 could be around Kr. 180 million ($32,338,040). If compared to annual revenue in 2013, we can expect a 7.7% decline.
Not everything is gloom and doom for Danish gambling. Casino revenues stepped up by a solid 12.5% to Kr. 270 million ($48,507,060) in 2014 from Kr. 240 million ($43,117,387) in 2013.
However, propelled by the recently concluded 2014 FIFA World Cup, revenues from betting seem to have sky rocketed and touched a lifetime high figure. With a 33% rise, a whopping Kr. 445 million ($79,946,822) were generated in 2014 as compared to 2013’s Kr. 335 million ($60,184,686).
Authorities in Latvia have released a list with illegal online gambling sites that includes PokerStars and Full Tilt Poker. Latvia Lotteries and Gambling Supervision came out with this list after thorough inspection. The result of this audit has led to 44 sites being blacklisted in the country.
Other big names to be penalized include PartyPoker, 888, Unibet and William Hill. Latvian government took this step in an attempt to gain improved control over online gambling within its borders.
However, this decision by the authorities in bound to affect the players in the country. Since some of the best sites in online poker will not be able to accessed, players will definitely be on the edge.
The decision came about as the result of Latvian authorities’ efforts to get better control over online gambling. It will, in all likelihood, have severe consequences for Latvian players and will make it impossible for them to access and/or deposit on the biggest poker and gambling sites in the world.
Following is an excerpt from the Inspection pages:
On the base of Section 65 of Credit institutions Law and Section 44.2 Payment services and electronic money Law, financial transactions to and from illegal online gambling operators are prohibited from August 1, 2014.
The note makes it very clear about prohibition of financial transactions on online gambling sites in Latvia. Also, operators have been given a directive to block access to illegal online gambling sites.
The decision from the government is aimed at player protection and better governance of online gambling in Latvia. But many are seeing this as an obstacle as well as a regressive step from the authorities.
Another option for operators is to go via the license application route but the process to acquire a license seems to be complicated and that is why some of the big names including PokerStars may give it a miss.
(image courtesy pokerupdate)