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Archive for December, 2016

PokerStars Championsip to Launch Next Week with PokerStars PCA

The world of major live tournament poker is in a bit of a lull right now because of the holidays, but come the new year, things will pick up quickly once 2017 starts as the PokerStars Caribbean Adventure will kick off on January 6th. This is a normal spot on the calendar for the PCA, but it holds slightly more significance next week at the PCA will be the first-ever PokerStars Championship. The PokerStars Championship was born out of the European Poker Tour, which PokerStars operated. The Tour was probably the most popular live poker tour that spent the bulk of its time outside the United States, but PokerStars felt it had outgrown the confines of Europe (as is evidenced by the PCA being part of the EPT), so something had to change. As such, the European Poker Tour brand was retired with the conclusion of EPT Prague this month,

Online Casino Operator Withdraws from Australia as Legislation Black Cloud Threatens

Nervous about potential online gambling-ending legislation, internet gaming operators are making plans to bolt the Australian market. In the past week, the first domino fell, Vera&John, a site that sounds more like a place to order chocolate-dipped fruit than an online casino, told its Australian customers that their accounts will have to be closed. In an e-mail, the Malta-based Vera&John wrote: We’re always sorry to say goodbye, but the time has come. Due to a business decision, Vera&John will no longer be able to offer its services in your jurisdiction. Your account will officially be closed in one week. As of today, you will no longer be able to make deposits to your Vera&John account. Any funds which have not already been removed from your account can still be transferred to your preferred payment provider within the next week. While the site did not specify the exact reason for its

David Peters Stuns Fedor Holz, Takes Major Poker Player of the Year Awards

After leading the two races for Poker Player of the Year pretty much since the World Series of Poker concluded in July, it was assumed that German poker superstar Fedor Holz was a lock to take down those awards come the end of December. Well, you know what they say about “assume?” Instead of reveling in the dual victories, Holz had to watch helplessly as David Peters used a late surge literally in the final tournament of the year to pass him and win both major POY races. Peters was a good distance back of Holz on the CardPlayer Magazine Player of the Year race in mid-November, in the second-place slot by almost 1300 points. Peters would then go on a rampage that saw him win an event and finish as the runner up in the November 18-19 Aria High Roller and Super High Roller tournaments to pull within roughly

Pennsylvania State Senator to Meet with Casino Reps

Each year, the Pennsylvania legislature is not only required to devise a budget plan for the state, but is required to have it balance. In 2016, the process of doing this was a mess and with just a few days left before 2016, the budget still doesn’t balance. One of the sticking points revolved around Pennsylvania’s gambling industry; gambling expansion looked like it would happen, but after much wrangling, things are still up in the air. As such, State Senator Kim Ward has scheduled a meeting with the leaders from Pennsylvania’s twelve casinos in the Capitol on January 3rd, this according to the Associated Press. It is not known exactly what they will discuss, but Sen. Ward said, “The days of doing nothing are over at this point.” There is a good chance the main topic of conversation will be how to settle the issue of casino “host fees.” The

Carl Icahn in Talks to Sell Atlantic City’s Trump Taj Mahal

According to the New York Post, Carl Icahn, whose Icahn Enterprises owns the Trump Taj Mahal casino in Atlantic City, is in discussions with other casino operators to sell the property. The former center of east coast poker closed on October 10th. Aside from making money, one of the reasons Icahn is looking to make a deal may be because he might not be allowed to re-open the casino for five years. Less than two weeks after the Taj Mahal closed, the New Jersey Senate passed S2575 by a 29 to 6 vote, an amendment which would add a reason why someone could be disqualified from holding a casino license. In this case, it would disqualify a licensee who closed a casino. Specifically, the amendment reads: Notwithstanding the provisions of any law, rule, or regulation to the contrary, the substantial closure of a casino hotel facility by the licensee occurring