To say that Nevada online poker numbers have fallen short of projections is a huge understatement. Some analysts had the Nevada internet poker market earning as much as $80 million in first-year revenue. Recent numbers, however, tell a much different story. From March to April, industry revenue fell from $926,000 to $792,000 – a 14.5% […]
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In a curious move, WSOP.com have announced that they’ll be running the exact same championship series for their Nevada and New Jersey online poker sites. The separate WSOP Online Championship Series will both begin on June 1st, with each one offering 15 tournaments and a $500,000 Gtd. prize pool. The surprise factor comes in here […]
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A recent report by Adam Krejcik at Eilers Research shows that US social gaming is currently smashing the regulated market. According to Krejcik, social gaming, which sees players buy fake chips that can’t be cashed out, earned $350 million in the first quarter of 2014. Regulated US gaming, which consists of Delaware, New Jersey and […]
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In promoting his newly released book, Straight Flush, Ben Mezrich has been doing radio interviews and writing columns in major newspapers. And one common theme that he’s been pushing during his promotional tour is legalizing online poker. Mezrich, who’s penned other best-sellers like The Accidental Millionaires and Bringing Down the House, gained some perspective on […]
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If anybody has reason to be worried about the way that their company is going in the US online poker market, it’s Ultimate Poker Chairman Tom Breitling. In New Jersey, Ultimate’s revenue fell from $100k in March to $50k in April. Ultimate Poker’s first full year in Nevada hasn’t exactly gone great either since the […]
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The April numbers from New Jersey’s online gaming market were recently released, and they’re somewhat disappointing. April’s gaming revenue was $11,428,737, compared to $11,878,374 in March – a 3.8% decrease. The one positive to take from this dip is that revenue from casino games increased from $8,667,711 up to $8,836,898. On the downside, New Jersey […]
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American online poker players who relocated to Canada and Mexico following Black Friday recently got a nasty surprise from 888poker. The world’s second largest poker room sent out emails to relocated US citizens explaining that their accounts have been closed. The emails also instructed players on how to recover their money and asked that they […]
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Last month, the Borgata Hotel Casino & Spa settled a scandal involving a $2 million Winter Poker Open tournament. Dubbed “Chipgate,” this tourney was compromised when Christian Lusardi introduced counterfeit chips into play. After the New Jersey Division of Gaming Enforcement (DGE) concluded their investigation on this matter, the Borgata made the following concessions to […]
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Last March, a biased article appeared in the Press of Atlantic City that attempted to debase New Jersey online gaming. The disputed article, which software-developer James Thackston is behind, claims that NJ’s internet gaming operation is rife for cheating, collusion, and other methods of fraud. But any concerns that this now-removed article created may be […]
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