Posts Tagged ‘Biggest’

New Jersey Online Gaming Industry Breaks Record with Biggest Month in History

 New Jersey Online Gaming Industry Breaks Record with Biggest Month in History

Signaling the vibrancy of its online gaming industry, New Jersey was able to bank its biggest online “win” rate in its history in the month of March 2018.

Over the 31 days of March, New Jersey’s citizens seemed to flock to the offerings from the casino operations in the state. For the month, the five online operations in the state – the Borgata’s poker and casino sites, Caesars’ poker and casino sites, Resorts’ poker and casino sites and the individual casino operations of the Golden Nugget and the Tropicana – pulled in a record $ 25.6 million. That was by far the biggest month in the history of the Garden State’s online gaming industry, beating its previous best by almost $ 4 million (the previous record was $ 21.7 million in March 2017).

Breaking down the numbers from March, it was casino gaming that once again carried the online industry. Of that $ 25.6 million, $ 23.6 million came from the virtual slots, table games and other offerings by the online casinos. Online poker brought in almost $ 2 million ($ 1.996 million) on its own accord, its best performance since August 2017, but it is still having troubles bringing in traffic.

It is thought that the new compact with Delaware and Nevada will assist New Jersey with their numbers regarding online poker, but that is difficult to see. First, the compact is only for two rooms that exist in the Jersey market – WSOP.com and 888Poker.com. The other online poker sites in New Jersey – Borgata/partypoker and Resorts/PokerStars – are not licensed for operations in either Delaware or Nevada, meaning they cannot participate in the new compact. Also problematic is that people who want to participate in the new compacted action will have to download new software and it may be a few months before we see if the new compact is helping the New Jersey industry.

For the poker industry, it was Resorts/PokerStars that was the leader of the pack. Bringing in a neat $ 778,949 for the month, they showed a slight increase over their February 2018 numbers ($ 767,600). Making a nice jump was Borgata/party, who brought in $ 622,620 (compared to $ 590,036 in February), while Caesars pulled up the last place slot with $ 564,797 in revenues. Caesars was also the only online poker operation who showed a decline from February to March ($ 605,315 in February 2018).

On the casino front, the Golden Nugget was the big winner. In fact, the Golden Nugget vastly outpaced their opposition in drawing in $ 8.65 million for the month of March. This handily beat their competitors at the Borgata, who brought in $ 3.96 million. Caesars attempted to keep pace with the Borgata, pulling in a $ 3.84 million “win,” while the Tropicana’s online casino popped into the mix with $ 3.69 million in revenues. Resorts earned the least of the five operations, taking in “only” $ 3.455 million from its online casino operations.

In existence for just over four years (November 2013), the state’s online gaming (casino and poker) industry has been growing consistently since its inception. In its first full month, the New Jersey online gaming industry drew in over $ 7.3 million, with $ 2.8 million of that coming from online poker. In each year since then, the numbers have only increased, although the disparity between casino gaming and poker has grown significantly.

In 2014, the New Jersey online gaming industry pulled in about $ 125 million, far short of what then-Governor Chris Christie estimated, but still a good start for what was, at that point, an industry in its infancy. 2015 saw those revenues tick upwards to $ 148 million and 2016 was even better, falling just short of $ 200 million with its $ 196.7 million. 2017, of course, blew past 2016 in bringing in $ 245.6 million.

The explosion in online casino gaming has been driven by the casino side and not online poker, however. In fact, online poker has lost ground over the four years of the New Jersey industry, with online casino gaming increasing by 15.6% from 2016 to 2017 to offset the losses of online poker (down 7.82% in year-to-year comparison). With two new casinos joining in in the coming year – the Hard Rock Atlantic City and Ocean Resort Casino – it is highly likely that there will be more records fall over the next few months. Whether poker is a part of those records remains to be seen.

The post New Jersey Online Gaming Industry Breaks Record with Biggest Month in History appeared first on Poker News Daily.

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2018 PokerStars Caribbean Adventure: Scott Seiver Biggest Gun in Super High Roller, Holds Lead After Day 1

 2018 PokerStars Caribbean Adventure: Scott Seiver Biggest Gun in Super High Roller, Holds Lead After Day 1

The 2018 PokerStars Caribbean Adventure is underway at the Atlantis Resort Spa on Paradise Island in the Bahamas and, with one event, it has captured the attention of the poker world. The $ 100,000 Super High Roller event has completed Day 1 as Scott Seiver, the 2013 champion of the event, holds the lead in his hunt for a second title.

It seems that many had the $ 100,000 buy in (at the minimum…it is a rebuy event, after all) lying around to jump into the event when it started on Saturday afternoon. Such notables in the High Roller arena as Steffen Sontheimer, Koray Aldemir, Ben Tollerene and 2017 Poker Player of the Year Adrian Mateos (sorry, Bryn Kenney) were on the felt for the start of the tournament, with others drifting in after the start. Nick Petrangelo, Daniel Negreanu (utilizing a scooter due to an ACL injury – who said poker wasn’t a contact sport?) and the defending champion of this tournament, Jason Koon, all slowly drifted to the felt, but it was a non-poker name that caught the attention of railbirds in the Atlantis tournament room.

As he did in 2017 when he entered the tournament, comedian Kevin Hart immediately drew the attention of everyone as he entered the event. The wisecracking star of the new film Jumanji: Welcome to the Jungle maintained the same attitude that he utilized in last year’s tournament, but it also seemed that he had learned something about poker over the past year that he has been a “friend of PokerStars” (along with Olympic champion Usain Bolt). He would four-bet both Petrangelo and Aldemir out of a pot (saying, “I’m sick of this s**t” while putting the 65K in chips together to push them out), but another hand sent the popular comedian into his pocket for another buy in.

After Mateos opened the betting from the cutoff and Hart (button), Stefan Schillhabel and Seiver (blinds) all called, a J-5-7 flop was checked as was a ten on the turn. When the river completed the board with a four, the floodgates would open. Schillhabel checked his option, but Seiver fired away with a 22K bet. Mateos got out of the way, but Hart popped the cost of play up to 51K when it came to his action. Now it was Schillhabel’s turn to fold, but Seiver contemplated his next move carefully.

After the time in the tank, Seiver decided his only option was to push all in and, using most of his time on the “shot clock,” Hart made the call. Hart’s 8-6 off suit was good for a rivered straight to the eight, but Seiver’s 9-8 was good for a higher turned straight to the Jack. The pot was a massive 330K strong and it was enough to push Seiver into the lead.

Hart was undaunted, however, as he fired off another bullet in the tournament. This was also true for many other competitors, including Orpen Kisacikoglu, Negreanu (in a flush versus flush situation against Sam Greenwood), but Sontheimer and 2016 Poker Player of the Year David Peters did not immediately reenter. With the option for re-entry (or even a first entry, as Cary Katz did early Sunday morning) open until the start of Day 2 action, there is a potential for several other High Roller regulars to either take their first shot in the tournament or re-enter.

1. Scott Seiver, 804,000
2. Justin Bonomo, 799,000
3. Jean-Noel Thorel, 598,000
4. Ivan Luca, 587,000
5. Sam Greenwood, 569,000
6. Bryn Kenney, 548,000
7. Christopher Kruk, 533,000
8. Stephen Chidwick, 492,000
9. Erik Seidel, 479,000
10. Kevin Hobbs, 472,000

Hart, for his part, will be around for Day 2 of the event, holding a 316,000-chip stack. Others over the starting stack of 250K include Steve O’Dwyer (451K), Negreanu (438K), defending champion Koon (363K) and Igor Kurganov (333K), while Dan Shak (246K), Isaac Haxton (244K), Byron Kaverman (230K) and the shortest stack of all Seth Davies (181K) have some work to do on Sunday.

Beginning today, the $ 100,000 Super High Roller will be live-streamed over PokerStars TV as the final players jump in and the tournament works to crowning a champion. From then on, PokerStars TV will be covering the action from the Bahamas as the 2018 PokerStars Caribbean Adventure plays out.

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Biggest Stack Sizes

 Biggest Stack Sizes
Hey fellas, just curious as to what everyone’s premier stack dimensions they have amassed (in conditions of bb’s) is at non-deep stacked cash tables and also strategies when very deep stacked. Is there any restrict at which some of you make a decision to cash out at so you don’t end up getting rid of lots (naturally this also conversely indicates you cannot earn as much in concept)?

My existing largest stack dimensions is one thousand bb which was in 2nl zoom. I presently do not really have as well considerably of a strategy when deep stacked other than folding lots of marginal hands towards other gamers with massive stacks to stop any sticky scenarios.

I am fascinated to see how, if at all, other people modify their enjoy when taking part in with a more substantial stack.

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