Daily Poker News Review: Friday, August 02, 2013 Daily Poker News Review: Friday, August 02, 2013

Main Headlines

Full Tilt Claims Administrator: Review Complete, Repayment Process to Begin Soon

The Garden City Group announces that US FTP funds will be repaid “based on players’ final balances on April 15, 2011.”

  • Full account balances on April 15 will be used to determine amount eligible for reimbursement.
  • However, if the total amount available for redistribution is below the total
  • eligible, then only a proportion of balances will be return.
  • Once the process begins, GCG will email instructions on how to complete an online claim.



Michigan Tightens Charity Poker Room Regulations

The Michigan Gaming Control Board recently issued new stricter regulations on charity poker games, also called “millionaire parties,” in an effort to curb illegal gambling, liquor law violations and crimes perpetrated at the tournaments.

  • Michigan allows for designated charity poker rooms to hold tournaments where the host site partners with charities and they split the rake in an effort to raise money for those charities in need, as well as provide people with local poker tournaments.
  • Poker rooms will only be able to host a maximum of 3 licensed charities per day, when previously some would be have up to 6 tournaments a day, they must conclude now at midnight, and fewer chips can be sold each day.
  • Some of the poker rooms feel that the new rules are an attempt by the Michigan Gaming Control Board to shut down these card rooms due to pressure from established Michigan casinos and will result in a loss of jobs for workers at the rooms.


South Point’s Real Gaming Opens Up Pre-Launch Account Verification

Ultimate Poker’s first competitor inches closer to launch.

  • New signup page on realgaming.com allows for account verification, and soon real-money deposits.
  • As with Ultimate Poker, interested players outside of Nevada can sign up and register ahead of a trip into the state.
  • “If you register and verify today, chances are you’ll be playing day one on the nation’s best online gaming site!”
  • Unlike its competitors, Real Gaming’s software is proprietary and developed entirely in house.


Ultimate Gaming Deals 10 Millionth Hand

Ultimate Poker, Nevada’s first and currently only operational legal money online poker site, dealt it’s 10 millionth hand on Thursday.


World Series of Poker Europe Adds New Gold Bracelet Event to Schedule

The World Series of Poker announced that they would be adding a new gold bracelet to the calendar for the 2013 World Series of Poker Europe.


FTOPS XXIII Gets Underway Sunday

Starting this Sunday, August 4, Full Tilt Poker’s signature series, FTOPS (Full Tilt Online Poker Series) returns, offering players the chance to win a combined guaranteed prizepool of no less than $8M spread over its 39 events.

More Headlines from Around the Web:

PokerNews weekly roundup youtube.com

ANZPT, UKIPT and WPT all covered in the acronymically stuffed weekly video round-up from Sarah Grant and PokerNews.


Is the free play Oklahoma lottery powerball game rigged? uspoker.com

Interesting research into the Oklahoma freeplay lottery game, which is reportedly “rigged” in the players’ favor—winning much more frequently than random distribution would dictate. Free play games more favorable than their real cash counterparts are usually prohibited under most regulations, as they could be seen as enticing players to play for real money—where the odds aren’t stacked in their favor.


Do staked players have better or worse mental games? mentalgamefish.com

Mind coach Jared Tendler’s latest blog post is an insightful look at the mindset of the “horse.” He looks at how staking can help to lower pressure, but it also comes with its own problems—reduced focus and decreased motivation.


Tatjana Pasalic is Bluff magazine’s August cover girl calvinayre.com

Team Bodog’s Tatjana Pasalic is on the cover of Bluff this month, and CalvinAyre.com is there to video the photo shoot.


Satoshi Poker starts official 2+2 thread twoplustwo.com

New Bitcoin online poker room Satoshi Poker (more here in this sponsored post) took the “zoo plunge” and started a sponsored support thread on 2+2. Discussion is already pretty animated—there’s some astroturfing and banter among interested parties—but its certainly one to keep an eye on.

Exclusive Articles on pokerfuse PRO:

GeoComply Confirms New Jersey Application

Nevada-based geolocation provider among applicants ready for November. Geolocation service provider GeoComply confirmed Thursday that it had applied for an Internet Ancillary Service license for online gaming in New Jersey.


DoubleDown Exec Bullish on US Federal Regulation

Charles Harper, Director of Business Development at DoubleDown, gave an upbeat prediction about prospects for US federal gambling regulation at the Casual Connect conference in San Francisco.


Traffic Watch

A closer look at PokerStars’ performance in all its markets over the last 365 days. The “bottom of a summer slump” reported last week turned out to be no more than a brief pause in an otherwise relentless decline—the whole market was down another 1.1% in cash game traffic this week. The annual summer decline will reverse, but it looks like we’ll have to wait for September to see it.


South African Online Gambling Regulation No Longer a Distant Prospect

Comments by South African Finance Minister contribute to a growing belief that online gaming regulation proposals may be back on track. Online gaming regulation may be moving from aspiration to near term reality in South Africa.