It really would be kinda selfish to hoard all the knowledge in poker, let alone any insight gleaned from all the uninformed and/or misinformed Twitter-fueled forum banter. Things are moving so fast these days in poker it’s hard to keep up, let alone have time to post after filtering through the muck. Actually, that probably explains the continued love/hate in poker for QuadJacks … accuracy shmacuracy, if there’s new hubbub in poker, Zac and Marco and crew are on top of it, and occasionally the middle of it — with informed insiders and ignorant blowhards alike contributing — while SrslySirius makes a rap video.

But a few recent stories of particular significance that might otherwise get buried amid PokerStars/WSOP/WPT press releases, 2+2 NVG threads, and the mashup of Jungleman cheating buzz:

Ring-fenced funds: Full Tilt debaucle explained
ALDERNEY
Check out this story in Poker Player Newspaper about a regulatory matter of new relevance called “ring-fenced funds”. It helps one understand a little better why Full Tilt found themselves in tighter straits than PokerStars post-Black Friday (even though PokerStars is the big boy the DOJ most wants) … and leaves one to wonder why senior executives and on-duty attorneys representing both Party Gaming and PokerStars flew in from Gibraltar, Israel, and the United States to observe the proceedings firsthand. Perhaps they thought they were coming in to witness an execution?

Online gambling goes national
WASHINGTON DC
Big talk all over the internet about a piece in the New York Post that points out how stars seem to be aligning for online gambling legalzation in the US — from the Kyl/Reid letter requesting DOJ assistance in squelching offshore operatives and state initiatives alike, to a Boehner aide taking on a VP role with the American Gaming Association, to a warming friendship between House Majority Leader Eric Cantor and Venetian pooh-bah Shelly Adelson.

It all supports my belief that online gambling will indeed be a national issue in coming months (assuming people behind a rumored Senate bill want it to be). There’s no mention, however, of the player-friendly Barton Bill, nor much anything about poker specifically — the writer talks of “gambling” — which suggests this story could be a plant by media operatives for the AGA, who we know, of course, represent Big Casinos and likely have Harry Reid’s office on speed dial. It also supports contentions that the effort to bring back online poker (thanks PPA and Joe Barton!) will likely become a push for full-on legal online casinos as bills move forward.

Nevada regulators prepping for Poker+ …
LAS VEGAS/CARSON CITY
Meanwhile, unbeknownst to many, Nevada Gaming authorities are in the midst of sweeping changes to state regulations — with very specific language updates on matters of foreign partners, “suitability”, server location, mobile gaming platforms, slot machine networks, money transfers, tax collection, you name it … The new rules currently taking shape in Nevada touch on just about every issue brought up in the online gaming political sphere over the past five years. Whether revolutionary or standard as far as procedure goes, if you really wanna know what the future of online gambling (and therefore poker) will look like — and/or place your bets on who the corporate winners will be* — follow the public work of the Nevada Gaming Commission and State Gaming Control Board here in coming weeks.

* for entertainment purposes only: smart bet is Caesars, William Hill, and Cantor-Fitzgerald.

Play Late!

ACTION ALERT: Pokerati Game — 1/2 NLH/PLO — gets underway tonight at 7pm! Goes until whenever …

This is a little confusing … because didn’t Barney Frank succumb to the NFL and make sure sports betting wasn’t included in any bill that codifies American freedom to gamble online?

I thought so, too … and maybe that’s why few seem to be recognizing the historic happenings right here, right now, with sports betting in Nevada. Check out the new TV commercials — seen on the local ABC affiliate before the UT-Tech game — for the first ever legal wagering app in the United States, moral opposition be damned:

We knew the release of “Leroy’s App” might be kinda a big deal … and the CEO of Leroy’s parent company, American Wagering, Inc., spells out pretty clearly their intent to have their finger on every “online” sports bet in the country with “interstate sports betting networks, phone betting, and real-time handheld devices”:

More…

This is one of those stories that may not be a big deal — especially for people who don’t bet sports (like me) … but for some reason I see a lot in play here that could prove plausibly significant for the future of gambling, both live and online. You decide whether or not this is a game-changer:

Check out this article from the AP about what will be called “Leroy’s App”.

American Wagering Inc. launches their new Blackberry app supposedly like next week … in time for the NFL and college football seasons. And then in coming months they’ll have the same thing for iPhones, Droids, and other “smart” mobile devices, they say. The Blackberry version has already been approved by the NV Gaming Control Board, while the others will face similar vetting upon release.

The catch: You can bet on sports from anywhere — your home, the grocery store, a bar, middle of the desert, Pahrump whorehouse, etc. — so long as you do so somewhere in the state of Nevada.

The things I find curious about this, both technologically and, um … license-and-regulatorially(?):

• GPS tracking applied to online gambling, creating a virtual gaming wall at the state lines; makes me think of both Kentucky and California.
• Different than Cantor Gaming devices at M Resort, the Venetian, and (coming soon) the Hard Rock, as their mobile sports-betting tech only works on casino property.
• Wonder if Leroy’s app will have in-game betting, like Cantor’s casino product.
• Would love to meet Leroy. He’s got to be an interesting character.
• Wonder what this has to do, if anything, with stripping sports betting from HR 2267.
• GCB approval suggests confidence in ability to block underage bettors online. Live first-deposit at Leroy’s seems to be the key.

Here’s a little more on the forthcoming release as per the tech-biz media at cnet.com.

This (long) weekend’s #WPBT festivities are coming to a close … and as I type the poker bloggers are gathered for Sunday football at Lagasse’s Stadium in the Palazzo. There some of them are experiencing, for the first time, what many say is the future of gambling: handheld, semi-portable real-money action.

A new-ish device, “eDeck”, lets you gamble Blackberry/iPhone-style theoretically from anywhere, but currently within the confines of three Las Vegas casinos — the Venetian, Palazzo, and M Resort. Global Gaming Business Magazine named it Best Table Game Product or Innovation for 2009. And none other than Doyle Brunson has been pimping it:

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