Main Headlines
Lock Graded F as Cashouts Go from Bad to Worse
Lock joins Juicy Stakes and Everleaf as the only rooms to receive an F grade in the PAS US payment processing report.
- Poker Affiliate Solutions has downgraded Lock Poker to an F grade in its latest online payment processing report.
- Lock joins Juicy Stakes which was equally downgraded from a D to an F last month.
- The last downgrade to F was awarded to Everleaf, whose US players remain largely unpaid.
All-In Equity Insurer InsuredPlay Closing Down
Sixteen months after opening its doors, the unique cash game insurance site cites unspecified difficulties for its imminent closure.
- All player balances remain safe, and everyone will be repaid their balances in full, the company assures.
- The system allowed players to pre-purchase insurance for cash games hands when they got all-in as a favorite.
- The service debuted with support for PokerStars, Full Tilt, iPoker and PartyPoker, but later dropped support for all PokerStars; FTP was re-added as recently as June.
Multi Table Tournaments Go Mobile as 888 Updates Poker App
888poker adds the full range of MTTs to its mobile app for Android, iPhone, iPod Touch and iPad.
- 888poker has released an updated mobile app which adds multi-table tournaments to its mobile poker room offering.
- The app is globally available for Android, but restricted to permitted countries for Apple iOS.
- A concurrent promotion campaign features a TV advertisement and twice weekly $50k freerolls.
Poker and Lotto: Winamax Introduces “Expresso” Poker
Poker hybrid combines 3-max tables, hyper turbos and lottery-style “golden” prizepool tournaments.
Full Tilt Poker Launches “Satellite Hero” Promotion
Tournament winner to go heads up with Gus Hansen.
US Players Can File for Full Tilt Poker Funds September 16
Players have only 60-day window to file claims.
More Headlines from Around the Web:
Do we want more and bigger min-cashes? pokerstrategy.com
Barry Carter takes a look at the distribution of prize pools in multi-table tournaments and tackles the issues surrounding flatter payout structures. He contrasts big scores and the notion of a healthier poker ecosystem.
WPT’s coverage of the VIP players’ beach party at the Merit Cyprus Classic youtube.com
If you missed all the fun at the WPT beach party in Cyprus, you can check out this video to see what you missed.
A mathematical model of tilt – cause and cure twoplustwo.com
Mason Malmuth looks at the things that cause poker players to tilt and how they can overcome them.
Germany sets the standard for Bitcoin regulation bitcoinmagazine.com
Germany’s Ministry of Finance has “officially recognized” the crypto-currency, making it the first country in the world to set clear-cut rules in how Bitcoins can be processed and handled. There are now some strict standards in place—companies that deal in transaction processing are now effectively considered financial service companies—but BitcoinMagazine, which writes excellent in-depth BTC articles regularly, welcomes the “huge and bold step” in clarifying its position.
Exclusive Articles on pokerfuse PRO:
ISPs Implement Greek Blacklist
Concerns mount over access to existing balances. The major ISPs in Greece have begun to implement the government-mandated blacklist of illegal online gambling operators.
Vietnam Draft Regulations on Football Betting Bring Online Gaming Regulation a Little Closer
Another small step in Vietnam’s progress toward gambling liberalization. The inch-by-inch process of economic liberalization moves further forward in Vietnam: The government has released draft regulations which would permit betting on international soccer games.
UK Soccer Sponsorships Abound as New Season Approaches
September marks the start of the soccer season in Europe, and gaming companies have been active in lining up sponsorship deals.
Malta Government Investigating LGA Following Everleaf Complaints
Audit results expected within weeks; LGA changes may be necessary to “strengthen reputation.” The Maltese government is carrying out an audit of the Lotteries and Gaming Authority’s (LGA) regulation of Everleaf, following the recent suspension of its licenses.
Report: UK Treasury’s First POC Draft and Consultation Response
Commission to be given powers over player fund regulations as UK Treasury produces first draft of POC legislation. The UK Treasury has published its response to a consultation on the planned “point of consumption” gambling tax expected to be introduced at the end of the year.
