Poker Industry PRO: Partypoker Axes Bounty Rake in All Progressive Knockout Tournaments

Rake will be cut between 40% to 60% in the immensely popular PKO format, as its aggressive investment into poker continues unabated.

Online poker operator partypoker has announced that it will no longer collect rake on the bounty portion of all its progressive knockout (PKO) tournaments. This will mean a rake reduction of between 40% and 60% for all PKOs.

The decision of one of the most aggressive and potentially costly moves yet by partypoker in its bid to attract players away from the competition to its platform comes just weeks after online poker leader PokerStars announced a 20% rake increase in low stakes multi-table tournaments.

Read the full article on pokerfuse →

Poker Industry PRO: Market Monitor: New Jersey March 2018

 

Online poker operators in the state of New Jersey generated $1.97 million in revenue during March 2018. The statewide network featuring Borgata Poker and partypoker recaptured the second place slot in the market last month outearning the Caesars and WSOP.com led network $623k to $565k. Resorts and its online poker partner PokerStars generated $779k, maintaining its market share lead with nearly 40% of the revenue. However, the downward trend of online poker revenue continued in March. Last month revenue fell below the $2 million mark for the first time in March since the market opened nearly five years ago. Last month also continued the trend of year-on-year losses extending the streak to thirteen consecutive months.

Online gaming revenue overall topped all previous months with $25.6 million generated, surpassing the previous high of $22 million in January 2018. iGaming revenue has risen on a monthly year-over-year basis every month since year-over-year comparisons have been possible.

Read the full article on pokerfuse →

WSOP Satellites And Promotions Are Ramping Up On WSOP.com

As springtime tries its best to take over for the winter blues, WSOP.com is embracing the spring theme.

A brand new round of satellites and promotions are in bloom for New Jersey and Nevada online poker players.

Both sites are currently offering similar satellites and promotions, although the times and terms may be different depending on your time zone.

Keep in mind New Jersey and Nevada still host separate player pools. However, there is speculation that combining the East and West coast player pools is on the horizon.

For now, here is what WSOP.com has available to help you get your online poker fix.

2018 World Series of Poker Satellites

The best way to win your way into the 2018 World Series of Poker is on WSOP.com. The site continues to offer a plethora of satellites giving players multiple chances to earn a tournament ticket.

Every weekend in April, you’ll find several satellites on both the Nevada and New Jersey poker platforms. Direct satellites begin at $10, but check the tournament lobby for super satellites starting at just $1.

Satellite Buy-In Nevada Start Time (PT) New Jersey Start Time (ET)
2018 WSOP Kick-off Weekend Package Satellite $30 Sundays – 4:45 p.m. Not Available
$565 The Colossus at the 2018 WSOP Seat Satellite $10 Sundays – 5:45 p.m. Sundays – 5:45 p.m.
$1,000 2018 WSOP Turbo Seat Satellite $10 Sundays – 6:45 p.m. Sundays – 6:45 p.m.
$10,000 WSOP Main Event Seat $320 Sundays – 7:00 p.m. Sundays – 7:00 p.m.
$365 WSOP Online Bracelet Seat Satellite $10 Sundays – 7:30 p.m. Not Available
2018 WSOP Kick-off Weekend Package Satellite $30 Sundays – 7:45 p.m. Sundays – 7:45 p.m.
$565 WSOP Online Bracelet PLO Seat Satellite $10 Sundays – 8:00 p.m. Not Available
$1,000 WSOP Online Bracelet Turbo Satellite $15 Sundays – 8:30 p.m. Not Available

Nevada online poker players click here, and New Jersey online poker players click here for more details on the WSOP.com satellites.

Show Me Series

Do you want to know what your opponents are folding? Well then, you’ll want to play the Spring Show Me Tournament Series.

The eight-event series, boasting over $10,000 in guarantees, exposes all hole cards on showdown. Everyone can join the fun with buy-ins ranging from $3 to $20.

A tournament series leaderboard will be used to track players’ performances. The player with the best series performance will receive a tournament ticket to the WSOP $365 Online Bracelet event.

The Spring Show Me Series begins Sunday, April 15. Here is the complete schedule.

Day, Date Event Buy-In NV Start Time (PT) NJ Start Time (ET)
Sunday, April 15 Show Me Series Kick-off $2500 GTD $10 6:15 p.m. 6:15 p.m.
Monday, April 16 Show Me Series $500 GTD $10 6:15 p.m. 6:15 p.m.
Tuesday, April 17 Show Me Series $500 GTD $3 6:15 p.m. 6:15 p.m.
Wednesday, April 18 Show Me Series $750 GTD – 6 max $5 6:15 p.m. 6:15 p.m.
Thursday, April 19 Show Me Series $500 GTD $7 6:15 p.m. 6:15 p.m.
Friday, April 20 Show Me Series $500 GTD $7 6:15 p.m. 6:15 p.m.
Saturday, April 21 Show Me Series $1,000 GTD $10 6:15 p.m. 6:15 p.m.
Sunday, April 22 Show Me Series $4,000 GTD $20 6:15 p.m. 6:15 p.m.

Spring Reload Bonus

Make sure you have the bankroll to support your quest for a WSOP tournament ticket by doubling what you deposit into your WSOP.com account.

The Spring Reload Bonus matches your deposit of up to $100 when you use the code SPRING18.

Here are the details:

  • Promotion code is valid through April 15
  • A Player’s account will receive a $10 credit for every 100 APPs earned
  • The maximum credit is $100
  • Players have seven days to fulfill the APP requirements to claim the reload bonus

For the more information on the Spring Reload Bonus, Nevada poker players click here and New Jersey poker players click here.

New Players Get A Free Bonus At WSOP.com NJ

    • $10 No Deposit100% to $400 With Deposit
    • WSOP NJ ReviewOverall Grade A-
      • Games B+
      • Support B
      • Banking A-
      • Player Value A
    • PLAY NOW

Happy Hours (New Jersey Only)

New Jersey online poker players have a chance to win more during Happy Hour. Players will reap the benefits when they take a seat on the virtual felt from 8 p.m. – 12 a.m. (ET) during all of April.

There are two bonus options for players to choose from:

  • Option A: Earn double APPs by wagering $1 or more in cash games
  • Option B: Play at least three days or wager $100 in cash games in a qualifying week and win up to $100 cash

Additionally, option B adds an element of surprise to the promotion. You’ll receive either a $1.00 BLAST Tournament Ticket, $5.00 BLAST Tournament Ticket or $100 cash after qualifying for option B. You’ll be notified of your winning prize via email.

Qualifying Weeks for Option B are:

  • Week 1: Sunday, April 1- Saturday, April 7
  • Week 2: Sunday, April 8- Saturday, April 14
  • Week 3: Sunday, April 15- Saturday, April 21
  • Week 4: Sunday, April 22- Saturday, April 28

To be eligible for the Happy Hours promotions, just choose your option and opt-in through the links via email or online in the poker room lobby. More information can be found at WSOP.com.

More promotions can be found on WSOP.com

There are plenty more promotions including daily freerolls, leaderboard contests, and guaranteed tournaments. You can find a complete list at WSOP.com.

You are now in the know, and there is no time to waste! The WSOP gets underway in Las Vegas, Nevada on May 29. There is no better time or place to start preparing and building your bankroll then right now and on WSOP.com.

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Rotten Egg Arraigned In Counterfeit Mohegan Sun Easter Promo

This year Easter and April Fool’s Day coincided. However, in 2014, a scam at Mohegan Sun Pocono over Easter was not a prank.

This month, former Mohegan Sun executive Robert Pellegrini was arraigned on charges related to the scam. Pellegrini allegedly tried to rig a $10,000 Easter promotion at the Pennsylvania casino.

Pellegrini was charged with the following:

  • Theft
  • Receipt of stolen property
  • Criminal conspiracy to commit money laundering

Interestingly enough, Pellegrini is currently serving a nearly three-year sentence on charges related to an entirely different scam at the casino.

Promotion featured a $10,000 plastic egg

Per details in the Times Leader, the promotion featured a basket of plastic eggs containing various prizes. Allegedly, Pellegrini conspired to rig the contest so a particular customer selected the winning egg, which included a $10,000 cash prize. After the contest, the winner, Mark Heltzer, supposedly kicked back some of the winnings to Pellegrini and his two associates.

Heltzel was not arraigned on any charges.

This is the second casino scam tied to Pellegrini

During his time at Mohegan Sun, Pellegrini served as the VP of Player Development for the property. He is currently serving time for an entirely different scam he ran at the casino.

This con also involved Weltzel. The two, along with a cocktail server, stole PIN numbers off of player rewards cards at the property. Pellegrini would use these numbers to load free credit onto duplicate player rewards cards. He then gave those to Heltzel to play.

From 2014 to 2015, Heltzel gambled with almost $480,000 in free play credits, generating $420,000 in profits.

The courts determined Pellegrini was the ringleader behind the scam and sentenced him to 32 months in federal prison. He began serving that sentence last June.

While Heltzel is not currently facing charges in the Easter scam, he was sentenced to 18 months for his role in the player fraud activity.

Will these mean more fines for Mohegan Sun?

As a result of the loyalty scam, the Pennsylvania Gaming Control Board (PGCB) fined the casino $550,000. This fine came at the same time as the casino racked up a $450,000 fine for working with two vendors that did not have the proper casino licenses.

There are no convictions in the Easter scam as of now. However, as with any fraud issues at a casino, there will almost certainly be a PGCB investigation.

Certainly, it appears as though Pellegrini was a bad egg who is no longer an employee at the casino. However, with so many incidents in a short period of time, there are questions about how seriously Mohegan Sun is taking gaming integrity these days.

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