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Well, you would think Obama and the rest of the US government has ‘bigger fish to fry’ but hey, online gambling is important too! US Democrat, Barney Frank, has revealed to a major British newspaper his plans to turn back the clock on stringent anti-online gambling laws in the US. The UIGEA was hurriedly pushed through by the leaving Republican government just one day before President Obama was inaugurated.
Since the law was passed in 2006 the ramifications have been felt across the industry. The laws against online gambling were severely tightened and even resulted in arrests of some executives in US airports. The laws have caused major sites and networks such as PartyGaming, OnGame and Microgaming to cease accepting US players to their sites.
“I expect an Obama Department of Justice to be less zealous about locking people up. These outrageous arrests in transit - they should be stopping that stuff,” Mr. Frank said.
Although the laws were officially in force from January 19, the day before President-Elect Obama became President Obama, they do not need to be obeyed until December. Mr Frank predicts changes way before then.
Online poker affiliates have made accusations that a relatively new online poker room has been scamming on payments, such as rakeback deals. Most surprisingly, the site is owned by the same people behind well-known and well-respected website CasinoAffiliatePrograms; also known as CAP.
‘We know and respect the folks behind CAP,’ a senior online gambling news editor stated. ‘For whatever the reason there are quite a few people who have it out for CAP, which sometimes makes it difficult to separate facts from fiction.”
CAP, the people behind the hotly-anticipated and widely-reported online casino conferences, are a well-known and well-trusted site which leads many to believe that CardSpike is a one-time error. However, many players and affiliates are angry.
‘Since the launch of CardSpike, affiliates have made a number of complaints,’ claimed an affiliate of the site. ‘There are still outstanding payments owing to rakeback players.’
CardSpike is hosted on the ever-growing Cake Poker network. I would personally like to see a little more proof before condemning this new poker room. Online casino and poker play is based on trust, so without that any company will be in trouble.
Here Yakshi gives us some colorful observations:
“Despite my loss, I noticed that the cardplayers ranged in ability from mildly competent to ultrapassive/ultrafearful to wildly stupid to mildly retarded.
Open-push J8 and 97 preflop? Saw both plays over my two hours.
Then I saw a guy raise to $30, get reraised all in for $150 total, and then snapcall announcing, “I only looked at one card. It’s an ace.” He then flipped over the other: a three.”
A woman who pleaded guilty to robbing people playing a poker game in Putnam County will spend 25 years in prison. A judge sentenced Jacqueline Dennis Friday morning.
Deputies say last November, Dennis and another woman wore camouflage and carried guns when they busted into the poker game. They got away with $18,000 in cash. Dennis pleaded guilty to the charges earlier this month.
During Friday’s hearing, Dennis cried when she apologized for the crime. She also told the judge she accepts responsibility for what happened. I wonder which one of the players they were working with? And maybe next time she will rob a sports betting joint and pick up a better return.
A GAMBLING addict who lost £20,000 his parents had given him then robbed a bookies to try to recover it has been jailed for three years. Nayden Zhelyazkov hid in the toilet of a Ladbrokes until closing time before bursting out wearing a mask and brandishing a toy gun.
Zhelyazkov, 27, from a respectable family in Bulgaria, threatened staff at the shop in Glenrothes, Fife, and fled with £6000, including specially marked notes. At the High Court in Glasgow yesterday, judge Lord Turnbull told him his case was “tragic” and very serious”.
He added: “This crime had a terrible impact on the members of staff.” First offender Zhelyazkov admitted the robbery, which took place on about 6pm on April 20.
Police found almost £3000 in his home in Glenrothes. Advocate Stephen O’Rourke, defending, said his client was a “desperate and foolish young man”.
His parents sent him the £20,000 to start a business which was supposed to be in the ‘money lending’ industry.
Titan Poker, the largest online poker room on the iPoker Network, has awarded more than $7,000,000 to players winning its special jackpot sit ‘n’ go tournaments. And they have plans to keep on giv’in!
Launched soon after the popular online poker room’s inception in 2005, the Jackpot tournaments have grown in popularity and attract more and more players every day. Titan Poker manager, Robin Steele, is very pleased by the huge amount awarded to winning players, saying ‘this shows that Titan Poker’s jackpot tournaments are very popular, and are continuing to grow at a fast rate.’ Any player who wins six consecutive six-player Fort Knox Jackpot Sit ‘N’ Go Tournaments will take home a jackpot prize starting at $50,000. This prize grows progressively each week and can reach as high as $200,000 until it is eventually claimed.
Players who finish in first or second place in six consecutive Fort Knox tournaments are awarded a $750 jackpot prize. Also popular at Titan Poker are the Rio and Maui Progressive Jackpot Sit ‘N’ Go Tournaments, which offer starting jackpots of $25,000 and $15,000 respectively. The Rio and Maui jackpots grow progressively each week if no player manages to win enough consecutive tournaments to take the jackpot prize. I think I need to head over and open an account and give Titan a try and I getting a bit sick of Jokerstars!
Here is a bit of a poker story from me to you. A couple of weeks ago I came in second in an nice size NL HE tourney and won $490, since then the decks have been chilly cold. Here is an example, I played a large $5.50 NL HE with rebuy tourney a couple of days ago and went bust twice pre-break with a nut flopped straight (guy rivered a house) and with a Q 10 flush, guy had K 2.
I haven’t even been able to make the money for the past two weeks. I don’t think I am doing anything drastically wrong but I am thinking the cold decks and bad beats are making me a little gun-shy. I might be considering a two week hiatus to see if that can snap me back into a winning mind-set. What do you all think?
J. Packer is reported to be considering the acquisition of a $US2.4 billion chain of US casinos that spreads across six states, a move that would instantly triple his presence in the American market. According to a note to clients of broker UBS, which cites a US gambling industry journal, Crown is a likely bidder for takeover target Ameristar Casino as its eight casinos are considered a perfect fit with Crown’s growing collection.
Mr Packer is executive chairman of Crown, the gambling company that emerged from Publishing and Broadcasting (PBL) as part of the company split-up late last year. He has rapidly created a global casino empire since he freed up cash in the demerger. Ameristar shares have been trading at record lows but have risen in recent days on strong speculation of an imminent bid. With low share prices plaguing the entire industry I think it is a safe bet that we will be seeing a lot of these types of mergers in 2008-2009.
With a tight economy many casino goers in South Florida are finding it hard to scrape together the money to fund their favourite hobbies. “Mortgages are going up, interest is going up, gas food, you know everything is going up,” said Annie, a local casino patron. “So by the time you take care of your household needs, you don’t have anything left.”
The lack of disposable income for many across the area creates a problem for some casinos, which have to lay off employees when less money is being taken in. And for casinos in more remote areas, the price of gas compounds the issue. “People gotta fill up their tank and drive here. I think they’re going to go where it’s more convenient to gamble,” said Dan Adkins of Mardi Gras Gaming.
But, one casino seems to be bucking the trend, the Seminole Hard Rock Casino. Blackjack tables opened up for the first time over the weekend, and even with the $100 million due to the state of Florida in the first year of card games allowed, the Casino believes it can still push the profits in the weakened economy. I guess it depends on how desperate the economic situation gets, if it really tanks then most casinos can probably expect a sharp upturn as folks look for a way to feel better in tough-times.
If you found your way to this blog then you probably enjoy a little gambling as relaxation and entertainment. My goal is to bring you some of the best (most interesting) news, commentary and reviews from across the online gambling world.