Poker Industry PRO: The Monster Series from partypoker Returns with Lower Buy-Ins and Less Guaranteed

The MTT tournament series returns for the first time this year after experiencing heavy overlays during its first running last October.

The Monster Series from partypoker returns this April with $2.7 million guaranteed, a significant reduction on when the MTT tournament series launched back in October 2017 with a $5 million guarantee.

This time around, there will be 123 tournaments in total with each event running a low, mid and high tier version. Last year, 70 events ran with just low and mid level tiers.

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888poker Partners with Swedish Poker-SM Online Championship Series

The Swedish Poker-SM online championship series returns to 888poker in April for the third year running.

Online poker operator, 888poker, has partnered with the Swedish Poker-SM Online Championship Series (PSMO) once again, marking the third consecutive year the partnership has brought this online event to life for Swedish poker players.

The PSMO kicks off on April 1 and runs until April 29 on 888poker. There will be a mix of events throughout the series such as PLO, Deepstack, Highroller 6 Max and Turbo. Currently daily $12 PSMO Satellite tournaments are running on 888poker.

Read the full article on pokerfuse →

Cancelled Station Casinos Poker Promo A Bad Beat For Everyone

Station Casinos has canceled its bad beat promotion after finally paying out the $124,252 jackpot it initially refused to at the Red Rock Casino, Resort & Spa poker room back in July.

Station Casinos spokesperson Lori Nelson told a Las Vegas Review-Journal reporter last week players have been paid out in compliance with a Nevada Gaming Control Board (NGCB) ruling in February:

“The player-funded bad-beat jackpot had always been ready for payment pending the (NGCB) decision. The three players who filed a claim were paid in accordance with standard Gaming Control Board procedures. Additionally, we have been distributing jackpot awards to all of the qualified poker players who participated, not just the three who filed a claim.”

The end of a poker era

According to Nelson, Station Casinos has also shelved its Jumbo Hold ‘Em Poker Progressive Jackpot promotion. Instead, they are running what they claim are even more lucrative poker room promotions.

Station Casinos’ Jumbo Hold ‘Em Poker Progressive Jackpot had developed a reputation as one of the best bad beat promotions at Las Vegas casinos. All because it promised to pay players in all five Station Casinos’ Las Vegas-area poker rooms any time a qualifying hand is hit.

However, that reputation took a big hit on July 7, 2017, and the months following, when a qualifying hand was invalidated and Stations refused to pay.

The bad beat appeared to hit when Len Schreter‘s straight flush beat Avi Shamir‘s lower straight flush at Red Rock on that summer 2017 day.

Bad beat invalidated

However, Schreter prematurely exposed his hole cards. He exposed his cards after the final community card. However, he did it before the hand’s final betting round. Red Rock staff took a look and decided to invalidate the hand.

Shamir though he’d won $62,126 for taking the beat. Schreter assumed half of that was his after handing it out. Plus, the 78 other people playing at Station Casinos poker room at the time figured they’d just won $565 each. Instead, Station Casinos refused to pay.

The decision to refuse payment was reportedly based on bad beat jackpot rules that state discussion of a hand during play may invalidate it. Red Rock executives came to the conclusion exposing hole cards is tantamount to the same thing.

The players involved said the premature card exposure had no impact on the outcome of the hand. They ultimately asked the NGCB to review the matter.

NGCB investigator Bill Olliges took a look and ruled in the players’ favor. However, instead of paying, Station Casinos asked the NGCB to hold a hearing.

NGCB Audit Supervisor Chan Lengsavath presided over a hearing in January. He ultimately came to the conclusion Stations should pay up.

The board finally affirmed his decision on Feb. 7.

According to NGCB procedures, Station Casinos did have 25 days to appeal the ruling to Clark County District Court. However, they didn’t use it, making the immediate decision not treo appeal and start paying out the players.

Too little too late?

That decision may have been too little too late for some.

Reporters spoke to one player who returned to a Stations Casino poker room after collecting her $565 payout. In that first session back, she got in a dispute over a high-hand promotion. In the end, she made the decision not to play there anymore.

Other players told reporters they were playing at Station Casino poker rooms less frequently. Still, others noticed the number of players there seems to have dropped slightly.

Nelson said the company would not comment on traffic at the rooms since the incident. However, all indications are Station Casino poker rooms are ultimately the ones taking a bad beat here.

 

 

 

 

 

 

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Pennsylvania Approves More Online Gambling Regulations, But Issue Of ‘Skins’ Remains Unsettled

The Pennsylvania Gaming Control Board (PGCB) approved several groups of temporary regulations related to online poker and casino games in the state during a public meeting on Wednesday. It also gave a thumbs up to regulations that will govern daily fantasy sports in the state.

The post Pennsylvania Approves More Online Gambling Regulations, But Issue Of ‘Skins’ Remains Unsettled appeared first on Online Poker Report.

Will 2018 Be The Year Online Poker Legislation Passes in NY?

Is 2018 the year for online poker in New York? If the past is any indication, probably not.

Hopes for online poker legislation were higher than ever to start 2018. However, with New York lawmakers headed into budget deliberations this Spring, the legislation is in roughly the same position it has been the past couple of years, when it ultimately stalled.

For the past two years, the state Senate has passed a bill seeking to legalize online poker in the Empire State. However, it has failed to get out of the committee stage in the Assembly.

In order for a bill to become law in the state, it must pass through both the Senate and Assembly, before being signed by the Governor.

High hopes to start the year

Hopes were higher than ever to start 2018 because Assembly-member J. Gary Pretlow, chair of the Assembly’s Racing, Gaming and Wagering Committee, told everyone who would listen that the state’s new carry-over policy for bills in a legislative term meant lawmakers would get an early start on online poker legislation this year.

However, it turned out the carry-over policy only applies to the Assembly. Pretlow was finally forced to admit in January the bill is not likely to be addressed until June, the same time it has been the past couple of years.

Online poker legislation will start off in the Assembly’s Codes Committee. This the same place it left off last year after being passed by the Pretlow-chaired Racing, Gaming and Wagering Committee.

However, it was back to square one for online poker in the Senate to start the year.

The Senate didn’t adopt the same carry-over policy for bills. This meant online poker legislation began 2018 back in the Senate’s Racing, Gaming and Wagering Committee.

It was reported to the Senate Finance Committee by a vote of 10-1 in January, marking the third straight year the bill has advanced out of the gaming committee. However, it will still need to jump through the usual legislative hoops before it gets to the Senate floor, and passed, like it has the past two years.

Breaking new ground in the Assembly

In the meantime, the legislation will have to break new ground in the Assembly. It must get through both it’s Ways and Means Committee and Rules Committee before it reaches the floor there.

According to Pretlow, New York lawmakers have a habit of getting lost in the budget all of February. Then they battle over its details in March, and finally pass it to begin April. In April and May, all the heavy lifting gets done. Then, a final push is made in June to pass all necessary legislation before the session ends.

This year, Pretlow says he’s going to “redouble” his efforts to at least get the legislation on the Assembly floor before then. He also plans to convince any lawmakers opposed to the bill that legalizing online poker won’t be as big a change as they might think. He says legalizing online poker is simply making sure the state benefits, players are properly protected and organized crime is kept out of something that’s happening online in New York whether it’s legal it or not.

Budget proposals

News hit last week that the Senate’s proposed budget includes the legalization of online poker. News that isn’t negative for online poker efforts in New York. However, it’s also news that isn’t anything new.

Online poker has been in Senate budget proposals the past two years. However, the legislative session has ended with the same negative results. Perhaps even more telling is that fact it remains out of budget proposals put forward the Assembly and Gov. Andrew Cuomo again this year.

There is still hope for online poker legislation in New York in 2018. However, the probability of it passing remains about the same as it has been the past two years. Whether the final outcome will be something different this year is anybody’s guess.

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