A Canadian gambler’s license plate asks: Want to go double or nothing?
A Canadian gambler’s license plate asks: Want to go double or nothing?
If you had cash on Full Tilt shortly before Black Friday, you’ve got until this weekend to inform government contractors that you’d like your money back, please. Check out what I got in the mail recently from the poker world’s new-good friends at Garden City Group, who are handling Full Tilt remissions on behalf of the DOJ, whom you may or may not recall earmarked nearly $200 million of PokerStars money for paying back Full Tilt player/ponzi victims.
Presuming I didn’t unknowingly luckbox into some sorta secret errant money transfer, I think this postcard campaign reveals a GCG serious about covering various asses should someone and their lawyer(s) can come back later and claim ignorance when trying to get a piece of any FTP payout pie. Otherwise you gotta wonder … they didn’t have my email address — the one that just about everybody remotely connected to poker has? (You know, the one that has been the same ever since signing up with Full Tilt in ’04?) And yet they were able to track me down through a postal address that didn’t even exist for me or Pokerati until after Black Friday? It wasn’t anything I ever provided to Full Tilt Poker, PokerStars, Garden City Group, nor the DOJ, as far as I know. In fact, I could be wrong here, but I think the only federal agency that would have this address for me is the IRS.
Hmm … makes you wonder what kinda sit-n-gos the NSA really might be playing!
If you haven’t yet submitted your online poker DNA to Uncle Sam and you still want a chance at seeing your Full Tilt bankroll ever again, visit http://fulltiltpokerclaims.com/.
In an interesting decision out of Montreal, the Quebec Superior Court very recently found in favour of Loto-Québec in a claim against it by two Quebec residents. A copy of the judgment is here.
The plaintiffs alleged that certain limited outputs of the algorithm used to generate lottery selections in Quebec’s ‘Extra’ lottery add-on product showed that Loto-Québec violated its own governing by-law, the Criminal Code, and provincial consumer protection legislation. Basically, the plaintiffs claimed that the tickets were not generated at random, which meant that the winners were not selected at random. They sought substantial money damages, including $10M in punitive damages.
The Superior Court roundly rejected every one of the plaintiffs’ claims. Most important, the court found that Loto-Québec generally has the discretion to conduct and administer lotteries within the parameters that it chooses. While tickets as part of the draw may or may not be produced completely at random, the winners are selected at random, and that latter quality is sufficient to meet Loto-Québec’s legal obligations.
There are plenty of good reasons to criticize the provincial lottery monopolies in Canada (poor planning, lack of innovation, the occasional scandal), but exaggerated and baseless claims about a lottery product not being sufficiently random aren’t a useful avenue of attack.
The Canada Revenue Agency (the Canadian equivalent of the IRS) just issued its first release on how it will treat virtual currencies for taxation purposes. There is not much new here — the CRA sent an e-mail to the CBC back in April about bitcoin taxation — and the government leaves several questions unanswered. Still, it’s an actual release from the CRA and not just a communication to a news outlet, which is helpful to those advising taxpayers. And even though the interpretation bulletins and the release do not have force of law, this communication does at least put up some signposts about the CRA’s thinking about bitcoin.
The release — styled one of the CRA’s fact sheets on “digital currency” – is available here.
Do we call it gaming or gambling? I think we all know the casino industry would prefer we call it “gaming”, but for poker players that’s sometimes kinda hard when you see your heroes on the TV holding second pair and a gutshot only to be shouting “gamble gamble!” after an all-in and a call.
While some suggest gaming and gambling have already virtually converged, and others contend that no matter, the customers are different, there has been little definitive work to confirm what the Nevada Gaming Commission (and Gaming Control Board) have known all along: People are more comfortable betting real money when the activity in question is referred to as gaming, not gambling.
At least that’s the case when it comes to online wagers, according to new research set to be published in the December issue of Journal of Consumer Research. Full title: “Framing the Game: Assessing the Impact of Cultural Representations on Consumer Perceptions of Legitimacy.” (LOL academic phrasiologies.)
While this study looks at myriad forms of casino gambl, er, gaming, it takes special note of online poker. By doing a content analysis of newspaper coverage post-Black Friday, researchers found that indeed, media suddenly stopped presenting poker as an online entertainment option akin to video games and instead were presenting it using words associated with criminal pursuits.
Read below for more details about what they found, and feel free to question the credibility of any social scientist who doesn’t reference the phrase, “one time!” when talking about the relationship between cards and money.
Want a sense of the new world we’re seeing here in Nevada, thanks to licensed and regulated online poker? Game-wise, the combo of WSOP.com and Ultimate Poker is still hardly a shell of the glory days of PokerStars and Full Tilt. But what is different is the way online poker is showing up around town … on billboards, TV, radio … in snail mail, on top of slot machines … I’m kinda waiting to see it show up at the 50-yard-line at Sam Boyd Stadium — because really, shouldn’t there be a WSOP.com Silver Bowl?
(Note: technically a Texas-based maker of industrial lubricants has that game locked down for three years.)
Until then, however, the WSOP is left to consider other means to present their brand (and an entire industry!) with newfound legitimacy. According to the presumably reliable delivery driver from Noble Pie Parlor in Reno, WSOP.com provided some 500 of these boxes for their handmade “New York Street”-style ‘zas.
Journalist Brian Krebs broke the news on Oct. 2 that US federal authorities shut down Silk Road, the most famous, or infamous, Tor network online contraband bazaar. Pursuant to a criminal complaint and related civil complaint and protective order, Ross William Ulbricht (a.k.a. Dread Pirate Roberts) was arrested in San Francisco as the FBI seized the Silk Road web domain and millions in bitcoin.
But given the role of BTC in Silk Road, one question I have is what this case means for bitcoin, if anything. This case may put virtual currency more front and centre for some, but I don’t think it should have much of a long-term effect on how policy-makers and regulators look at it. That’s because this is fundamentally a drug case, not a bitcoin case. Paragraph one of the criminal complaint emphasizes that the defendant and others agreed to violate the narcotics laws of the United States. Bitcoin was just one of the instrumentalities in the alleged criminal scheme: good technology used for criminal ends.
Ulbricht was charged with one count of narcotics trafficking conspiracy (undercover agents apparently procured ecstasy, cocaine, heroin, and LSD on Silk Road), one count of computer fraud conspiracy, and one count of money laundering conspiracy. A panoply of illicit goods and services were available on Silk Road, including controlled substances and other drugs, computer hacking services, and forged documents. In an allegation that may make for a future bar exam question, Ulbricht is also alleged to have used Silk Road to orchestrate a murder for hire. If the allegations are true, Ulbricht contracted with a drug dealer to murder a Silk Road vendor, paid the drug dealer, received photographic evidence of the killing, and apparently believed that the hit was successful. But apparently the murder did not in fact take place.
Some people in Congress believe American Indians struck it rich with the establishment of tribal gaming and the passage of the Indian Gaming Regulatory Act in the late 1980s.
But serious problems with education, health care, unemployment and housing remain. Tribes are also dealing with the effect of Internet gaming on their business, off-reservation casinos and political gridlock in Washington, D.C.
“They’ve been very busy in Washington this year,” John Gusik, founding partner of the Franklin Partnership, a Washington, D.C., law and government relations services firm, said Thursday at the Global Gaming Expo. He was moderating a panel discussion on tribal gaming on the final day of the expo at the Sands Expo and Convention Center in Las Vegas.
“There have been 4,500 bills in Congress this year; only 31 have been enacted,” Gusik said. “It’s a do-nothing Congress. Seventy-two bills dealing with tribal issues and none have been enacted. Internet gaming continues to languish in Congress.”
The fate of those bills has also been hurt by the Oct. 1 deadline to enact a budget or face a possible federal government shutdown.
Pete Kirkham, president of Red Maple Consulting, a Springfield, Va., government affairs and political strategy firm, said Congress hasn’t passed any of the 13 appropriation bills needed to fund the government.
“If you represent tribes, they think you must work on Indian gaming all the time,” Kirkham said. “Gaming takes up some time but it’s also about health care, education and housing.”
Kirkham acknowledged that the vast majority of a tribe’s revenue is earned through gaming, but said those dollars go to providing services to the community.
The National Indian Gaming Commission reported $27.9 billion in gaming revenues in 2012, up 2.6 percent from $27.2 billion in 2011.
“Everything is now seen through the prism of gaming,” said Jana McKeag, president of Lowry Strategies, an Alexandria, Va., government and public affairs consulting firm. “Congress believes that tribes have all this gaming money … why do they need (federal dollars)?”
Many people in the United States, especially poker players, are hearing more and more about States legalizing, or looking to legalize poker over the Internet. However, with all the information on the World-Wide-Web floating around on this topic it can be a bit confusing so this article is intended to simplify it all.
The facts are Nevada, Delaware, and New Jersey are the only three States that have passed legislation for legal poker online. Nevada went live with UltimatePoker, a real money poker website, in April of 2013 and just recently went live with the WSOP site on September 19th, 2013. Nevada passed Interstate Poker, just like the other two States, which means you must be within the State/Nevada in order to play poker for money on these two websites.
As for Delaware and New Jersey, they are still working out operational procedures, regulation policies, how it will be taxed, etc., but it’s anticipated that everything should be in place by the end of 2013 or early 2014.
www.USpokerSites.us poker law page lists the gambling and poker laws State by State, along with their current stance and future outlook on making poker over the net legal. As for other States looking to regulate and tax online poker, there are about ten States moving in that direction. Of those ten States taking a serious look into this matter, six continue to push legislation; California, Illinois, Massachusetts, Mississippi, Pennsylvania, and Washington. Three others are looking to write bills; Maryland, New Hampshire, and New York. And, Texas appears to be a State towards the top of the list that will pass Internet poker in the near future.
State gaming regulators gave preliminary approval Thursday to a marketing agreement between Golden Gaming and Gibraltar-based 888 Holdings in which the tavern operator could deliver its customers as online poker players to a website that includes Treasure Island.
Under terms of the exclusive marketing agreement, Golden Gaming can sign up customers from its three Pahrump casinos and its 40 wholly owned statewide taverns operations to play online poker on a planned website that will be operated by 888 Holdings, parent company to 888poker.
Golden Gaming would share in a percentage of the gaming revenues with Treasure Island and 888 Holdings.
“It’s unique and allows Golden Gaming to market 888’s platform to its customers,” Golden Gaming attorney Michael Alonso told the Gaming Control Board.
Alonso said Golden Gaming does not have any role in the operation of the website, and is only a marketing vehicle to deliver players. He told regulators the agreement is a way for 888 Holdings to expand its online gaming operation into the locals market and Pahrump. The customer base for Treasure Island, which is owned by Phil Rufin, is the Strip.
Golden Gaming is expected to market the 888 website through various interactive programs and other means.
Summer poker tournaments in Las Vegas generate nearly a quarter-billion dollars worth of prize money, Pokerati data crunchers have found. (Thanks Thea in the Philippines!)
It really is about more than just the World Series. Sure the tournament brand proudly owned by Caesars Interactive may have started it all, but now you’ve got Venetian Deep Stacks, the Wynn Classic, Binion’s Classic, Aria Classic, Rio Deep Stacks, Caesars Megastacks, Bellagio Cup … the list goes on … but all are competing for players, and apparently all you need is a casino property and a poker cliche … and maybe 110-degree weather outside, and voila — tournament success awaits!
LOLs notwithstanding, to better understand the impact of live events on the poker economy, and to assess the scope of WSOP and non-WSOP summertime Vegas action, we looked at 13 different series(es?) held at 10 different casino properties from mid-May through mid July … accounting for 722 tournaments total, nearly 230,000 entries (not to be confused with number of players) … making for more than 1,000 tournament days (whoa, that’s a lotta staff somebody’s gotta manage) in just one city.
And upon looking a little deeper (scroll horizontally) we found how:
WSOP.com is ready to launch. Like for real. And for real money, too. This according to executives for Caesars Interactive Entertainment, who hosted a semi-private conference call Monday morning to lay out their plans.
It’s happening on 9/19 at 9:19am … 9-1-9 … not to be confused with Herman Cain’s 9-9-9, which didn’t exactly get him to November. Non-sequiturs aside, a new era of online poker really is upon us now — just in time for the November Nine, no less. At least in Nevada, where it may or may not be a total coincidence that LAS was one of the very first airports to offer free wi-fi.
You’ve probably already started filtering through the buzz, bolstering, and requisite bitching on Twitter and 2+2. But in case you missed it, or just for posterity’s sake, here’s the raw audio of that conference call, where a whole host of Caesars suits, some new, some familiar, made their legal and regulated internet gaming plans official.
888 Holdings is a major contender in the world of gambling and they are doing quite well in their new ventures. The company that was once geared toward UK and European markets has expanded to regulated Spanish, Italian and, most recently, the US online gambling market. It seems that it’s going to be a profitable year and a bright future for the software giant. As operators, 888 runs some of the best online gambling sites available. They’ve mastered it all from poker to slots, bingo, sports and even manage to provide some of the most lucrative promotional and bonus offers.
An article regarding 888’s financial results, 888 Releases First Half 2013 Financials available on CasinoListings.com, provides a full break down of the company’s successes this year thus far. Casino, Poker and Mobile revenues are up for the year with mobile gaming growing rapidly.
888 CEO Brian Mattingley spoke of the company’s performance saying, “We are making good progress in new markets with tremendous success in Spain and Italy where we see further opportunities for growth. These experiences have given us further confidence in our ability to capitalize on the exciting US opportunity which continues to develop and we believe our strategy and partnerships ensure that we are well positioned to maximize market share as that market becomes regulated.”
As far as the US online market is concerned, entering this market must be done in a specific way. For example, in Atlantic City online gaming companies must partner with licensed land based operators in order to receive approval for an online poker website. There have been 9 of 12 casinos in AC that have already announced such partnerships with Harrah’s Resorts Atlantic City and the Showboat Casino Hotel partnering with 888 Holdings.
In the state of Delaware 888 Holdings has partnered up with Scientific Games Corporation, provider of gaming products and services to lottery and gaming companies around the globe, in a real money online poker option set to launch in October 2013.
Most recently, the Nevada Gaming Control Board gave preliminary approval for an online poker product offered by both local operator Golden Gaming and 888 Holdings. Earlier this year a Nevada gaming license was already approved for the partnership between 888 and Treasure Island Hotel and Casino.
The future is in the hands of the US market. Mattingley has his sights set on California, Florida and New York. Securing a place in these states in addition to its current deals will give 888 Holdings a significant presence in the US.
South Point has become the fourth company to offer a mobile betting app after launching its service Tuesday at five Nevada locations, including four in Las Vegas.
The app, available for the iPhone, iPad, Android and Android tablets, is free to download and resembles the William Hill app that has been available in Nevada for more than a year.
South Point began advertising its app Friday in its sports book. A website is available at nvsportsbooks.com to answer questions gamblers might have.
The app requires a minimum $100 deposit. Out-of-state residents are allowed to sign up and fund accounts, but the device can only be used in Nevada.
The app, which features lines set by South Point, offers consumers the ability to deposit money or collect winnings at four additional properties participating in Nevada Sports Books, including the Cannery, Eastside Cannery, Rampart and the Virgin River casino in Mesquite.
“Our guests have the opportunity to place their sports bets from home, while at South Point at dinner or at the bar,” said Ryan Growney, general manager of South Point. “By adding this new mobile betting application to our sports books offerings, we can showcase a new method of placing bets to sports fans throughout Nevada.”
The app will offer all types of bets except parlay cards or pari-mutuel racing. Cantor Gaming, Station Casinos and William Hill are the other sports book operators to offer a mobile wagering device.
Caesars Entertainment Corp. and MGM Resorts International, two of the largest operators on the Strip, as well as local and regional gaming company Boyd Gaming Corp. have yet to introduce a mobile sports betting app.