Poker Industry PRO: Partypoker Rolls Out New Table Layout in Third Phase of Software Overhaul

Media and Software: New table design with updated default theme, chat box and card design rolls out on desktop software on the dot-com network.

Partypoker has deployed an update to its online poker software in the dot-com market, in what is billed as one of the largest platform upgrades in months.

No official details from partypoker have been released, and their dedicated software updates page has yet to be changed. However, it appears the upgrade is focused exclusively on a new table design.

Read the full article on pokerfuse →

Poker Industry PRO: Data Monitoring, News from New Jersey and Portugal Poised: This Week in Online Poker

Executive Summary:

We’re now in the thick of the Q4/FY 2017 reporting season. To keep you up to date with all the latest, we have a brand new feature for PRO subscribers, Industry Monitor, which presents the most important information from the PRO Data platform into a single, easily digestible format. We already have Business Monitors published on Playtech, Kindred Group and Zynga, and Market Monitors on Delaware, New Jersey, France and Spain. Portugal to come next week. In addition, we have editorial coverage on Playtech and Kindred, and pokerfuse has a take on the New Jersey numbers.

But, while the revenue figures from New Jersey might look a bit bleak, the market is still highly competitive, and this winter season has been no exception. All three networks are running big tournament series this month. The New Jersey Poker Classic on WSOP/888 is the biggest, concluding this weekend, with a total of $800,000 guaranteed. Overlapping that is PokerStars Turbo Series, debuting for the first time in the market, and we’ve just got word that Borgata/partypoker’s next Garden State Super Series is scheduled for a week next month.

Read the full article on pokerfuse →

Why There Is Still Hope For A Casino In Chicago’s Skyline

Illinois lawmakers are continuing to push for construction of a casino in the city of Chicago. Even though more than twenty years of trying have not provided any results.

The latest effort is being spearheaded by Rep. Rita Mayfield, D-Waukegan, who has filed a bill that would allow a gaming company to build a commercial casino in the Windy City. House Bill 5146 would authorize the issuance of a four-year a casino operator license for a gambling operation inside the city with as many as 4,000 slots and table games. It would also create the Chicago Casino Development Authority to oversee the casino

 

 

 

 

 

 

 

The post Why There Is Still Hope For A Casino In Chicago’s Skyline appeared first on Play USA.

After Sands Slips Up, Parx Picks South Newton Mini-Casino Site

After a dramatic Wednesday, Parx Casino officially picked the site of the fourth Pennsylvania mini-casino on Thursday morning. Parx ownership, Greenwood Gaming Entertainment, selected a location in South Newton Township, PA in Cumberland County. The company’s bid amount was $8,111,000.

Satellite site just outside of Harrisburg

It appeared Sands won the fourth license on Wednesday. However, the bid was subsequently invalidated because the site selected would have overlapped with Mount Airy’s area where it could build its mini-casino.

As the only remaining bidder from Wednesday’s auction, Parx won the right to bid by default. The proceedings Thursday were just a formality where the Pennsylvania Gaming Control Board (PGCB) announced the bid amount and location the group submitted the day prior.

Parx ownership selected a location in southwestern Pennsylvania. The town is roughly 50 linear miles west of Yoe, PA, the site selected by Penn National at the first mini-casino auction.

Both Yoe and South Newtown are near the state capital, Harrisburg. Both are also very close to the Maryland state line. South Newton is just over 30 miles away from Maryland, and a two-hour drive from Baltimore.

The location is very much in Penn National territory. Not only is Hollywood Casino at Penn National the closest casino and Yoe the closest mini-casino site, the location is proximate to several of Hollywood’s Maryland properties. Both Hollywood Casino Perryville and Hollywood Casino at Charles Town are a short drive away.

Parx is currently also basically the only property in the large expanse between Harrisburg and the Pittsburgh area.

Price just above the minimum cost of a license

The base cost of a satellite casino license is $7.5 million. Parx paid not too much over that with its bid of $8.1 million. For reference, Sands won with a bid of $9.89 million on Wednesday.

With that bid added to the tally, the total amount of money for the state from these auctions now stands at just over $120 million with only four of ten possible licenses taken. Original estimates expected the proceedings would net around $100 million for all ten licenses. That is the cost of the base license and the $2.5 million table games license at all properties.

As a matter of fact, the $120 million reflects purely the revenue from the base license without table games. However, now that the bids are down closer to the minimum cost for a satellite property, the revenue is going to grow at a much slower rate.

There is also the matter of bidders to consider. While Sands is obviously interested in a satellite property, there are currently no other bidders. Certainly, it is possible other casinos throw their hat in the ring now that the big spenders are out though.

What happens if these auctions run out of bidders?

Currently, the only parties allowed to bid at these auctions are Category 1 and 2 casino license holders. Once a property wins a bid, they are out of the running. These are the remaining casinos eligible to bid:

Hypothetically, let’s say Sands wins the next auction, then there are no bidders the auction after that. What would happen next is another set of auctions.

Category 3 casinos Valley Forge and Lady Luck would be eligible to bid at the supplemental auction. So would any Category 1 or 2 property that already won a license during the first auction.

If the second set of auctions runs out of bidders, things start to get interesting. At that point, PGCB would open up the auction to any qualified bidder. Interested parties would fill out an application and the state would vet them. If PGCB deems the party fit to participate, they can bid in the third and final set of auctions.

The post After Sands Slips Up, Parx Picks South Newton Mini-Casino Site appeared first on Play Pennsylvania.

Daniel Negreanu Tackles Doug Polk, Poker Awards In Latest Podcast

The feud between Doug Polk and Daniel Negreanu has picked up steam again lately. And to be fair, most of the drama has come from Polk poking the bear.

A good amount of Polk’s rants of late have been directed at Negreanu. To his credit, Negreanu had let it go — until this week.

Negreanu’s latest poker podcast

On Tuesday, Negreanu released the latest Full Contact Poker Video Podcast, the first new episode in about a month. At first it seemed like Negreanu’s motivation to do the podcast was to address Mike Leah’s win at Fallsview Casino in Canada and to discuss the American Poker Awards.

However, it didn’t take long for the discussion to turn to Polk’s misrepresentation of Negreanu’s thoughts on rake at PokerStars. And once the topic shifted to the APA’s biggest influencer award, Negreanu really let loose.

Negreanu’s take: Polk distorting his comments on rake

It all started with a discussion about the American Poker Awards nominees for Poker Journalist of the Year. Negreanu brought up U.S. Poker’s Steve Ruddock and talked about the article Ruddock wrote about the rake discussion.

Negreanu made it very clear in Tuesday’s podcast that he takes issue with Polk saying he thinks “more rake is better.”

That is not what Negreanu said at all. As Ruddock explains in his article, “It’s important to look at Negreanu’s full comments, and not the shortened, bastardized version of them.”

Negreanu clarified his comments on the podcast. “I’m not pro-rake. That’s absurd.”

Polk has continued to build a case against Negreanu using parts of statements that sound like he supports more rake. The bottom line is Polk was disingenuous at best when ranting against Negreanu and his position on rake.

For the record, Negreanu wrote extensively about rake and what he believes on his blog in an article titled “My Thoughts on Rake.”

From the blog:

“I do not believe that raising the rake is good for poker. Rake increases take more money out of the game and benefit whoever is collecting the rake. That is my position on rake. Period”

Can we call this discussion done now? Please.

Negreanu’s take: What makes a good influencer

Negreanu’s true feelings about Polk came out when the discussion turned to the nominees for Poker’s Biggest Influencer.

The nominees are Cary Katz, Negreanu, Polk and Matt Savage.

Ever since the nominees were revealed, Negreanu has been trying to determine the criteria for the award out of sheer curiosity. You can find several discussions about it in his Twitter feed.

When talking about the list and their influence, Negreanu says, “As far as having a following goes – two people have one; two people don’t. As far as people being in the industry – two people are very well into the industry, one person spends time in the industry, and the other one spends time shitting on the industry.

Negreanu makes a case for Polk winning based on social media influence. He gives Polk credit for creating content that attracts people to his channel and the game.

But if it’s about being a positive influence on poker in terms of building relationships and moving the game forward, Negreanu thinks Polk’s impact is a “net negative.”

“Most of what he does or he spends far too much time doing is creating drama by shitting on everybody else. His bread and butter is to create drama, attack people and fight people.”

Negreanu goes on to add that people in the media and other players could be afraid to confront Polk for fear of being attacked. “So, they don’t hold him accountable.”

It’s more likely Polk isn’t being confronted because the community sees what he’s doing for what it is – a way to get views and clicks. It’s the “nothing to see here, let’s move on” approach.

Yes, Polk has a fan base that enjoys his content. Admittedly, he can be quite entertaining. Lately, however, there has been a shift in his content that is more “Real Housewives” than anything else.

And maybe the poker community is beginning to lose interest.

Polk replies to Negreanu

While Polk didn’t specifically call out Negreanu in his reply, the timing certainly indicates it’s a reply to Negreanu.

Stay tuned, this saga has emergency broadcast written all over it.

The podcast and timestamps

The podcast is over an hour long and as you can imagine takes many twists and turns.

For instance, did you know there’s a game in Bobby’s Room called Doyle Says? They talk about it around 3:10.

Here’s the complete rundown of what’s included in the podcast.

  • Eric Wasserson joins Negreanu as they discuss the recent action in Bobby’s Room (0:40)
  • Doyle and Gordo’s Twitter feud (3:10)
  • The US Poker Open(5:00)
  • Mike Leah’s win (22:50)
  • The American Poker Awards (36:00)
  • Poker Journalist of the Year (40:15)
  • My Thoughts on Rake (40:40)
  • Industry Person of the Year (44:10)
  • Breakout Player of the Year (47:30)
  • Tournament Performance of the Year (49:10)
  • Mid-Circuit of the Year (50:05)
  • Event of the Year (50:30)
  • Poker Moment of the Year (53:45)
  • Poker Media Content of the Year (54:50)
  • Poker Streamer of the Year (56:30)
  • Broadcaster of the Year (58:40)
  • Video Blogger of the Year (1:00:30)
  • Podcast of the Year (1:03:15)
  • Poker’s Biggest Influencer (1:06:55)
  • Charity Tournaments (1:13:50)
  • A few thoughts on Richard Seymour (1:14:45)

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