The number of poker players who had played poker for a major part of their adult life is on the rise. The Senior Poker Tour (SPT), meant especially for poker players who are above 50 years of age, will be held this year.
Unibet, an online gaming company, announced recently that it will leave Microgaming Poker Network (MPN), to which it currently belongs, and migrate to a proprietary network the following month.
A hearing on legalizing online poker at the federal level called The State of Online Gaming will be held on December 10, which happens to be a Tuesday. According to official website of The House Subcommittee on Commerce, Manufacturing, and Trade, the “current regulatory landscape for online gaming after the Department of Justice’s reinterpretation of the Wire Act” will be examined.
Although Singapore is home to a thriving land casino industry worth around six billion dollars, the country is not comfortable about legalizing online poker. According to a report published in The Diplomat, the country plans to ban all varieties of remote gambling, including online casino, online poker, and mobile gambling.
Party Poker held a major share of the US online poker market in 2006, but the Unlawful Internet Gambling Enforcement Act (UIGEA) spoiled it all. After the federal government passed this bill into law, Party Poker withdrew from the US market. But now, Party Poker is back because of New Jersey’s newly regulated online gambling market.
A billionaire art dealer from New York has pleaded guilty to organizing an international level multimillion dollar high stakes gambling business, which involved a Russian criminal and a Hollywood-based hostess who organized poker games for celebrities such as Leonardo DiCaprio and Matt Damon.
November 16 was the deadline set by the Garden City Group (GCG), a company hired by the US federal government to handle Full Tilt Poker claims, for victims of the online poker site to file their claims. From September 16, GCG sent as email notifications to as many as 1.4 million former players of Full Tilt Poker, giving them detailed instructions on how to file their claims. Within a period of two months, GCG got as many as 41,000 petitions from ex Full Tilt Poker players seeking a refund.
Although three US states have legalized online poker, a few payment processors and banks still refuse to deposit funds in online poker accounts in these states. They continue to comply with the Unlawful Internet Gambling Enforcement Act (UIGEA), which was enforced in 2006, preventing banks and financial institutions from processing gambling related funds.
Although WSOP.com was launched five months after Ultimate Poker, its one and only rival in Nevada, it has already pulled itself ahead of Ultimate Poker as far as player traffic is concerned. PokerScout.com reported that WSOP.com beat Ultimate Poker this week by getting a seven-day average of more than 130 players. On the other hand, player traffic at Ultimate Poker has fallen to less than 120 players.
Poker Lotto, a new lottery game based on poker, was launched by the Michigan Lottery in October 19, but lottery players are still trying to gain a better understanding of it. Lottery officials have admitted that the game has created confusion among players.