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Archive for November, 2017

Christmas Gifts for the Poker Player in Your Life

The Thanksgiving turkey’s carcass has been cast into the trash, people have gotten over their tryptophan comas and life is moving on, so you know what that means…it’s time to start thinking about Christmas! Yes, that delightful time of the year when we look at our loved ones and say to ourselves, “What the heck do I get you this year?” If that person is a poker player, there are some suggestions that we here at Poker News Daily can make. D&B PUBLISHING Everyone thinks that poker books have gone out of favor. The exact opposite is true. If you look hard enough, you can come up with some great poker books that have been released over the past year. And, if you look inside the covers, you’ll probably find that D&B Publishing has been a part of bringing that book to you. There are at least three of their

Pennsylvania Online Gaming Has Passed, But Will Online Outlets Join Them?

After more than a year of haggling over the details, the state of Pennsylvania passed online gaming, poker and DFS regulations for its citizens. While the passage of that bill was a watershed moment that brings to four the number of states with such legislation, the question now is when will it go live. Although state legislators are looking to move quickly on the issue, there are questions regarding the taxation that could keep suitors away from Pennsylvania’s burgeoning online gaming industry. In a report prepared by Moody’s Investors Service, which provides financial bonds research for investors and other companies, the taxation rate for slots segment of the Keystone State’s online gaming industry could scare off some suitors. The rate of 54% is much higher than the rate that states such as New Jersey (16%) and slightly higher than that in Delaware (43.5%). Such heavy taxation could be anathema to

U. S. Poker Open to Debut in February, PokerGO Named Broadcast Outlet

The start of any year is usually filled with a glut of poker tournaments and 2018 is no different. In January alone, the newly reborn PokerStars Caribbean Adventure, the Aussie Millions, the World Poker Tour’s inaugural European Championship, the WPT Lucky Hearts Poker Open in Hollywood, FL, the WPT Borgata Winter Poker Open and the start of the venerable L. A. Poker Classic take over the schedule. This isn’t even counting in the smaller tournaments from the World Series of Poker Circuit, the Heartland Poker Tour, or the Mid-States Poker Tour. Now another event will vie for the attention of the poker audience and the players themselves. Beginning on February 1, the U. S. Poker Open (probably not called the United States Poker Open because that title is owned elsewhere) will take place at ARIA in Las Vegas. The eight-event schedule will not feature a tournament with a buy in

Molly Bloom Breaks Silence in Forum Interview with Fortune Magazine

Breaking the silence she has maintained since her eponymous book was released in 2014, former skier turned poker “fixer” Molly Bloom talked about her life as THE biggest poker organizer in the world at a forum in California recently. Bloom, who has kept a decidedly low profile since releasing Molly’s Game in 2014 and the work of screenwriter Aaron Sorkin with his first directorial effort in the film of the book, has been gradually upping her visibility of late. First was the premiere of the film in Toronto (which required Bloom to ask for and receive a waiver for entry into Canada because she is a convicted felon), which has received very strong reviews. Now, looking to perhaps promote the movie further, Bloom took part in Fortune’s Most Powerful Women Next Gen Summit in Laguna Niguel. Bloom’s interview on the forum was moderated by Fortune’s Pattie Sellers, who didn’t shy

Northern California Casino Penalized by FinCEN for Ignoring Anti-Money Laundering Laws

Wherever there is money, there is the potential for trouble. And A LOT of money circulates at casinos every day. As such, casinos are required to hyper aware of what is happening on their premises and must have procedures in place to report anything suspicious. Apparently, the 100-plus year old Artichoke Joe’s Casino in San Bruno, Calfornia, has been extremely lax in this regard for about the past decade and was recently hit with an $ 8 million civil money penalty by the Financial Crimes Enforcement Network (FinCEN) for “willfully” violating anti-money laundering laws. This is not to say that the casino, its ownership, or its management actually engaged in money laundering themselves – there would be much more trouble if that was the case – but rather allowed such activities to go on in the casino. And it was worse than just being negligent; according to FinCEN, management and