Online Poker in the USA - The Pokerfuse Weekly Newsletter

By Pokerfuse.com received 6 years ago

Categories: Poker
Age: 19 until 30 year 31 until 64 years 65 and older
Content includes: Casino or gambling related content
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In case you haven't heard, regulated online poker has launched in the US. Ultimate Poker started dealing real-money games in Nevada on Tuesday. New Jersey made the news this week as well as the Atlantic Club casino announced that its deal with PokerStars had expired. After refusing to comment on confidential dealings, Stars publicly announced its intention to continue negotiations with the aim of completing the deal. Get all the news and more at pokerfuse.com .

UltimatePoker.com Launches First Ever Regulated Online Poker Room in Nevada

Historic moment for US online poker: The first regulated room in Nevada opens for real money today.

The first ever hand of real money online poker regulated in the state of Nevada will be dealt today, at 9am PST (4pm UTC).

The UltimatePoker.com client is now available to download, and accounts signups are open. The first real money cash tables and tournaments will be launched later in the day.

Anyone is eligible to sign up for an account, including non-US residents, but a player must be located within the state of Nevada to play.

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PokerStars Deal to Purchase New Jersey Casino Abandoned

A December 2012 deal by PokerStars’ parent company Rational Group to buy an Atlantic City, New Jersey casino has been scrapped after initial terms of the deal expired on Friday, multiple sources are reporting today.

According to John Brennan, a New Jersey gambling beat reporter and author of the Meadowlands Matters blog, Michael Frawley, COO of the Atlantic Club, has confirmed the deal’s collapse. “[The] purchase agreement with PokerStars has been terminated,” Frawley told Brennan. “The Atlantic Club remains committed to the aggressive pursuit of the opportunities presented by online gambling.”

Late last year, Rational had agreed to purchase the struggling Atlantic City casino for a reported $50 million from Resorts International Holdings, contingent upon Rational being approved to operate a casino in New Jersey. The deal was expected to protect between 1,800 and 2,000 jobs at a property that is in risk of being shuttered by Resorts, which remains its owner.

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Cubeia Launches Free-Play Poker Network with Wordpress Plugin Integration

New network looking to entice webmasters with easy integration and 50% revenue share.

Swedish software developer Cubeia announced Monday the launch of Cubeia Social, a new free-play online poker network that allows any webmaster to launch a “social” poker room with integration as simple as a wordpress plugin.

The games are free to play but, as has become synonymous with social poker, players can spend real money to “top-up” their free chips balances. Cubeia is also planning to add additional in-app purchases (IAP). Currently only PayPal is supported for payment, though alternative methods are planned.

The new poker software, currently in beta, is HTML5 based, with support for all major browsers and mobile devices.

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Mexico Proposes Draconian New Gaming Law

An in-depth look at proposed legislation as Mexico attempts to regulate online gambling.

A draft Federal Gaming Law has been proposed by Senator Maria Espinoza, a member of the ruling Institutional Revolutionary Party (PRI). The law would repeal the 1947 Federal Law of Games and Raffles which currently governs gambling.

Rationale

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Lock Institutes Retroactive No-Cashout Policy on High-Transfer-Volume Accounts

Massive player protests erupt over intended blockage of secondary-market trading caused by site's slow cashout times.

Lock Poker, flagship site of the Revolution Gaming Network suffered a blow to its reputation late last week after the site sent a widespread e-mail to many players announcing that their withdrawals had been canceled, and that funds received by these players via P2P (peer-to-peer) transfer were no longer eligible for removal from the online poker site.

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Bingo Overtakes Poker in Playtech’s Q1 Figures

Bingo now produces more revenues than poker for iPoker owner Playtech according to a Q1 trading statement.

Poker revenues fell 18%, while Bingo rose 9% compared to the same quarter in 2012. Bingo now produces €4.8m compared to poker’s €4.4m. Both are dwarfed by Playtech’s total revenues of €87.5m—up 16% on the same basis.

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More Headlines

Delaware Selects Scientific Games, 888 Consortium as Primary Online Gambling Vendor Full Tilt Relaunches Affiliate Program with 50% Revenue Share for First Three Months New Site Added to the Poker Training Video Directory Country Files: Hungary iPoker P2P Transfer Suspension: "Not a Permanent Change" Regulation in Review: Europe & Beyond Regulation in Review: US Ultimate Poker's Rake: Taking a Leaf Out of PokerStars' Playbook Svenska Spel Q1 Report Calls for More Enforcement Measures Illinois Online Gambling to Emerge as Standalone Bill Skillbet Suspends Marketing, Plans Shift to Social Gaming Target Audience Poker Training Videos This Week: April 28, 2013
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