- Two Poker Rooms, Three Poker Networks Go Live in New Jersey.
- Caesars Receives New Jersey Online Gaming Permits.
- New Jersey State Senator to Announce Plans to Expand Internet Gambling.
We wrap up the week with a rundown of the most read news articles and features from the past seven days on pokerfuse. Never miss a story with our special feature every Saturday.
10. UK Advertising Standards Agency Upholds 888 Ad Complaint Brought by Rational Group
Claiming its casino VIP program is the “best around” is misleading, rules ASA. 888’s web banners claiming its casino VIP program was the “best around” and had the “best promotions anywhere” were misleading and unsubstantiated, The UK Advertising Standards Agency (AGA) has ruled.
9. Sheldon Adelson to Form Coalition to Stop Internet Gambling
Las Vegas Sands owner will fund massive lobbying efforts to further his personal political agenda. Chairman and CEO of the Las Vegas Sands Corporation, 80 year old billionaire, Sheldon Adelson is ramping up his attack on online gaming. In January, he will launch the Coalition to Stop Internet Gambling (CSIG) which will lobby at state and federal level to prevent liberalization of anti-online gaming laws.
8. Full Tilt Remissions Payments Expected by March 31, 2014
The Garden City Group has extended its deadline for “Pros” and affiliates to determine their eligibility for claims. The Garden City Group has announced that it expects the majority of claims for Full Tilt Poker remissions to be paid by the end of March next year. Affiliates, Pros and players who have disputed their balances are not included in that payment time frame.
7. $125,000 Buy In WPT PartyPoker Premier League 7 Line Up is Set
Tony G pulls out of the exclusive event; Esfandiari, Laak and Duhamel are in. The WPT PartyPoker Premier League 7 starting in Montreal on November 20 has now got its full complement of 12 players. The special event will take place immediately before the Montreal WPT at the Playground Poker Club.
6. Why a First Mover Advantage in New Jersey Won’t Last Long
WSOP entered the Nevada market over four months late, and became #1 within six weeks—an important lesson for those at the starting blocks in New Jersey. The online poker traffic in the regulated Nevada market, where WSOP Nevada recently overtook Ultimate Poker (UP), is a clear demonstration that first-mover advantage in a new market might not be as valuable as some expect.
5. Rational Goes Legit in Greece: Greek Players on PokerStars and Full Tilt Face 15% Daily Profits Tax
New legal sites through partnership with a temporary licensee in Greece means players face a daily tax on winnings above €100. In a surprise act of compliance with Greek gaming laws, Rational Group has today moved its Greek online poker players to dot-GR websites, and introduced a daily withholding tax on winnings.
4. As Bitcoin Price Soars, SealswithClubs Reaches New Traffic High
The BTC-only poker room is benefiting from recent virtual currency enthusiasm, with cash game traffic doubling since early September. Bitcoin-only site SealswithClubs (SwC) has seen its cash game traffic more than double since its seasonal low in early September. The individualistic site offers an online poker room to US players that exclusively uses the Bitcoin virtual currency rather than legal tender.
3. New Jersey State Senator to Announce Plans to Expand Internet Gambling
In a press conference scheduled for Thursday, Raymond Lesniak is expected to announce plans to introduce a bill that would expand New Jersey online gaming beyond its borders. New Jersey State Senator Raymond Lesniak will be holding a press conference on Thursday, November 21, to announce “a major new initiative to expand Internet gaming.”
2. Caesars Receives New Jersey Online Gaming Permits
Seven casinos now approved for online gaming in the state. Caesars has received permits for two of its casinos in New Jersey, allowing it to operate online gaming in the state. The “soft launch” is scheduled to start tomorrow.
1. Two Poker Rooms, Three Poker Networks Go Live in New Jersey
Ultimate and WSOP launch independent rooms, Golden Nugget and Betfair share liquidity on Ongame, 888 starts the AAPN, and PartyPoker and Borgata share on bwin.party’s software. The “soft launch” period for online gaming in New Jersey went live Thursday evening, with 17 domains launching online gaming services for invited New Jersey players, including seven for online poker.
