From OnlinePokerWebsite.net:
This week Massachusetts Representative Barney Frank introduced a set of bills designed to freeze the UIGEA and allow US residents freedom to play poker on the Internet. Frank’s bill establishes the Department of the Treasury as the licensing and regulating authority, and provides for the consumer protections the gambling ban does not offer, including age and identification verification, responsible gaming systems, and measures against money laundering and cheating. continue reading...
“Tournament poker can be very exciting, but like many exciting things in life, it can also be terrifying. There is nothing quite like the thrill of playing at a big money final table. I am often asked how I handle the pressure of playing for such big money. I could give the standard answer of “You have to forget the money and just think about the chips as units.” This is certainly true. But, those units are worth a lot of money and forgetting about the money and prestige that comes with winning is easier said than done.” continue reading...
from GamingAlerts.co.uk:
US online poker players will be rejoicing after a new ruling from a Pennsylvanian Judge has deemed Texas Hold’em, the popular poker game, is not gambling and so not illegal. continue reading...
Early on Tuesday, the Poker Players Alliance released a statement authored by its chairman, former Sen. Alfonse D’Amato, regarding the unfolding insider-cheating situation at UltimateBet and a similar situation at Absolute Poker that was exposed months earlier. D’Amato’s statement called for a full and public disclosure of the affairs and included a renewed call for the United States to implement a licensing and regulatory framework for online poker to protect American citizens’ interests. D’Amato also noted that the PPA is not a regulatory body per se, but that the unfolding events compelled the organization to make a statement on the matter.
“Trust is paramount in poker,” began the heart of the D’Amato/PPA statement, the complete text of which is available at the pokerplayersalliance.com site. “Sadly, this foundation has been undercut by admissions from two well-known online poker companies, Absolute Poker and Ultimate Bet, that cheating has occurred on their poker sites. The Poker Players Alliance condemns any and all cheating in poker no matter the forum in which it is played. Because of the current legal uncertainties and the lack of federal regulation and oversight, it is especially troubling when cheating occurs in online poker. This has created an untenable atmosphere and has denied the proper means to investigate allegations, administer due process and then apply appropriate penalties for the wrongdoers. We urge these companies and their regulating authority, the Kahnawake Gaming Commission, to provide a full and transparent accounting of these breaches of the public trust to help lift the black cloud that has been placed over the industry.” continue reading...
NEWTON, MA — (MARKET WIRE) — May 23, 2007 — Casino City Press today announced the release of the 2007 edition of “Casino City’s Global Gaming Almanac,” which provides 570 pages of comprehensive, up-to-date market summaries, statistics, and profiles of properties, owners, and regulators for every gaming jurisdiction in the world.
Industry analysts consult the Almanac for world market data to support business plans, analyze local and foreign competitors, and monitor global trends. continue reading...
LONDON — (MARKET WIRE) — May 14, 2007 — BrightShare (www.brightshare.com), a leading online and mobile affiliate network in the interactive casino market, announced today that it is offering a new mobile program for content aggregators via Wild Jack Mobile Casino’s (www.wjmc.com) Play4Fun version of Classic 21 BlackJack.
After signing up for this unique program, aggregators will receive the popular game on the Microgaming/Spin3 platform and can retail the casino-style game to end-users at their set price. A second round of revenue can be generated when the mobile content aggregator’s clients convert to the real money casino. In this case, they stand to reap even more rewards on BrightShare’s lucrative six-level revenue share program, up to 40% commission structure. continue reading...
LAS VEGAS, April 23 /PRNewswire-FirstCall/ — Ameristar Casinos, Inc. announced today that it has completed its due diligence relating to its acquisition of Resorts East Chicago. On April 3, 2007, Ameristar entered into a definitive agreement to acquire Resorts East Chicago for $675 million, subject to the satisfactory completion of due diligence and customary closing conditions. The due diligence period ended on April 22, 2007.
John Boushy, CEO and President of Ameristar, said, “Now that we have completed our due diligence, we’re even more enthusiastic about moving forward with our plan to acquire Resorts East Chicago. With this acquisition, we will add a well-positioned, cash-flow producing property, which we can enhance, expand and substantially grow. This deal absolutely hits the bulls-eye of our acquisition criteria, and this property will be an excellent addition to the Ameristar family, significantly contributing to our ability to achieve our goal of doubling our EBITDA over the next three to five years. We look forward to working with the East Chicago management team as we plan for the successful integration of this property.” continue reading...
Standard five-card Poker hands are ranked here in order of strength, from the strongest Poker hand to the weakest. continue reading...
So now you’re a seasoned Texas Hold’em player, but you’re looking to check out some new varieties of the game. Look no further than Omaha. It’s a great game that plays second fiddle to TH’em, but shouldn’t be overlooked.
Find out the differences and rules here from VCPoker.com continue reading...
