New online sportsbook is legal in the U.S.
June 18, 2008
A new online gambling business based in the United States called Centsports.com is operating within the law by giving its customers money to gamble with.
The site works like this: CentSports gives members ten cents of “play money” to gamble with on just about any sporting event. Members can accumulate money if they win their wagers, and once they get to $20, they can cash out their balance, trading the play money for real money. Cash out is not as easy as just clicking a button on the site, but it is possible to earn real money from nothing.
PokerStars giving out 200 WSOP packages today
June 18, 2008
The biggest World Series of Poker qualifier anywhere online is taking place today at PokerStars.
The poker site is hosting a qualifier for the 2008 WSOP Main Event that will have a guaranteed 200 prize packages to give out.
The 200-seat satellite has a $350+$20 buy-in and takes place at 4:30 p.m. ET today. To register, poker players will need to open the PokerStars lobby, click Events and then click on WSOP.
The prize packages being given out are worth $12,500 and include the $10,000 buy-in for the Main Event plus money for travel and accommodations. This is one of the best chances players will have at PokerStars to win a cheap seat in the tournament and become a part of the delegation heading to the WSOP in PokerStars gear.
Panel to U.S. state legislators: Regulate online gaming
June 18, 2008
An online gaming consultant and the director of e-Commerce Online Gaming Regulation and Assurance told a gather of state legislators that state governments should start regulating the industry rather than banning it.
Frank Catania, who is also the former assistant attorney general and the director of the New Jersey Division of Gaming Enforcement, told the annual meeting of the National Council of Legislators from Gaming States in Napa, Calif., that the online gambling industry isn’t going anywhere any time soon, according to an article at online-casinos.com:
Talk of PartyGaming settlement with U.S. premature
June 9, 2008
PartyGaming Plc saw its stock fall as reports that the online gaming and poker company was nearing a settlement were called “premature.”
PartyGaming is trying to resolve the fact that it illegally facilitated gambling in the U.S. in 2006.
According to majorwager.com:
PartyGaming dropped as much as 8.3 percent as Numis Securities analyst Richard Carter said a deal related to the company’s activities in the U.S. after an online-gaming ban may be “several months off.” The shares rose the most in seven months in London on May 30 on speculation it had reached an agreement.
Day 7: You’ve got that WSOP feeling
June 9, 2008
Another afternoon of poker brings two more final tables playing for a winner, a star-studded World Championship Mixed Event and plenty more action at the Rio.
Event 5
Play got under way a little later than planned for the $1,000 No-Limit Hold’em with Rebuys event, starting at closer to 3:30 p.m. rather than 3 p.m. However, it has already seen three bracelet hopefuls hit the rail as the final nine play down to a winner today.
The first bust-out was a double one, as both Steve Gross and Jamie Rosen were all-in on Hand 5 of final-table action against Lyric Duveyoung. Neither player had a good enough hand to beat Duveyoung, or the chips to match.
Day 10: Ladies, start your engines
June 9, 2008
The big news of the day today at the 2008 World Series of Poker will be the start of the Ladies No-Limit Hold’em World Championship.
The Ladies Championship has a long history as a World Series of Poker event, going back to 1977, just seven years after the WSOP got its start. That inaugural event had a $100 buy-in, bringing the ladies together to play some Seven-Card Stud.
Jackie McDaniels won it the first year, and the event has since become a deeply rooted WSOP tradition.
Lindgren tops Bonomo for first bracelet at WSOP; Singer takes pot-limit title
June 9, 2008
Erik Lindgren survived a table full of seasoned professionals to win his first World Series of Poker bracelet, outlasting Bodog pro Justin Bonomo for the title in event No. 4, $5,000 mixed hold’em.
The final table also included such stars as Howard Lederer, David Williams Roland de Wolfe and Isaac Haxton.
Lindgren entered the final table in sixth place but walked away with the top prize of more than $374,000. Previously he had amassed nearly $6 million in lifetime earnings and two World Poker Tour titles.
Bellagio deep stack tournaments get even deeper
May 30, 2008
Starting in June, the Bellagio in Las Vegas will make increase the starting chip stacks for all of its daily tournaments, and for the major tournaments played there as well.
Currently, the Bellagio runs a daily $540 buy-in (3,000 chips) and a $1,080 buy-in on the weekends (5,000 chips). According to cardplayer.com, the schedule will change:
A $1,080 buy-in tournament with 10,000 starting stacks will run Sunday-Thursday, and on Friday and Saturday, the buy-in will increase to $2,100 with 20,000 in starting chips. Daily tournaments will be suspended on July 1 for the start of the Bellagio Cup IV, but will return on July 18 with normal buy-ins. The increased starting chip stacks will remain at 10,000 for the $1,080 buy-in tournament, and the $540 buy-in tournament will double its starting stack to 6,000 in chips. Levels are 40 minutes long for all daily tournaments.
Poker?s fate on Game Show Network still up in the air
May 30, 2008
The World Poker Tour filed papers with the Securities and Exchange Commission on Wednesday to say that its agreement with the Game Show Network had been amended, leaving the television show’s status for the future in the air.
GSN had an option to pick up the show for another season with a deadline of May 24 — the filing by the WPT moves that deadline back to June 7.
According to pokerkingblog.com:
If the Game Show Network decides not to renew the seventh season of the World Poker Tour, then this would be a serious bodyblow for the WPT. They are already earning significantly less in their new deal with the GSN (compared to their previous deal with the Travel Channel), and having to shop around for a new deal after being cut loose by two networks would severely diminish any leverage that they had in negotiations with other networks. You can only assume that they would end up with an even worse deal if the Game Show Network cuts them loose.
PokerStars announces APPT schedule
May 30, 2008
The verdict is in, and after a successful first season, PokerStars has announced the schedule for the second season of the Asian Pacific Poker Tour.
The season will span the region from Macau, China to Auckland, New Zealand, with a grand final scheduled to play in Australia.
“Following the success of the APPT’s first season, we’re very excited to announce the schedule for Season 2, which includes a brand new event in Auckland, plus increased buy-ins to create even bigger prize pools,” said Jeffrey Haas, APPT president.
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