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NEW ONLINE POKER NETWORK LAUNCHES
2013-12-18

Mobile operator Switch Poker has announced the launch of its new online poker network which will focus on the mobile player and the operators that serve him or her.
The network will offer a fast-track automated system that enables operators to sign up and create a fully customisable product that offers international real money NLHE cash games. Fully trained support staff have already been engaged, and the administrative system is capable of delivering detailed data analytics to aid marketing and business information operator activity.
Early members of the network include skins belonging to Part Time Poker and Kings&Queens Poker.
The owners of the network have been in the business as operators since 2010 (see previous InfoPowa reports) and have now taken the decision to expand into mobile poker network activity.




PLANS TO FORM NEVADA - NEW JERSEY POKER PLAYER POOL?
2013-08-07

The release Tuesday of MGM's Apuestas Deportivas Online Bingo Play Slots Online in US Online NFL Betting second quarter results was notable for both improvements in performance in reducing losses, but also for comments made on the group's internet poker ambitions.
CEO Jim Murren told the Reuters news agency that MGM Resorts International is working with Nevada officials on a project that could lead to New Jersey and Nevada combining into one online poker market, establishing better player liquidity for both states.
"I think it's likely that in 2014 we'll see a compact between New Jersey and Nevada. We've really been focusing on Nevada's ability to compact with other states, create more liquidity," Murren said in an interview following the company's second-quarter earnings call.
The relatively small size of Nevadas online poker market, and the consequent risk that it may become saturated by too many operators, is a concern previously voiced by Murren and others.
Murren's opinion is shared by A.G. Burnett, chairman of the Nevada Gaming Control Board, who told Reuters:
"Nevada is striving to do what it can in regards to compacts. We do not jump into the fire without having done a lot of cautious research and study into the particulars of such agreements, and that phase is nearing completion," he said.
David Rebuck, who heads up the New Jersey regulator, seemed to support the idea of shared player liquidity, saying that New Jersey anticipates allowing for future growth and development in online gaming through compacts with like-minded states.
MGM's Murren told analysts on a call after the earnings announcement that the company has dedicated a team to its online efforts.
"We have a big team that is preparing us on a state-by-state basis and on the states that we believe will be the most productive for us. And we've been working with the state of Nevada on their efforts to compact with other states," he revealed.
"I think at least 40 of the 50 states are in some stage of debating this internally. The ones most visible are New Jersey, New York State, Illinois and California," he added.
"We're providing all the support they ask of us."
Reuters reports that analysts project Nevada's online gambling market will yield $50 million to $250 million in annual revenues. The larger and more populated New Jersey is pegged to generate $500 million to $1 billion yearly.
MGM and Boyd Gaming have partnered with European online gambling group Bwin.Party to provide software and other services to their online gaming efforts across the U.S., including in both New Jersey and Nevada.
Murren's earlier hopes for a federal online poker-only solution across the United States appears to have cooled a little; during his interview he admitted that whilst a federal regime remained his first prize, prospects for such an outcome were "very challenging".
He also conceded that rival Caesars Interactive Entertainment would be the next to launch intrastate online poker in Nevada, following in the footsteps of the Station Casino's Ultimate Poker operation, which was first to market over three months ago. But he added that MGM would be following Caesars.
MGM Resorts International posted a net loss of $93 million in Q2 2013, improving on the $145.5 million loss from the same period a year earlier.


2015 Kentucky Derby Odds
2015-04-15

Kentucky Derby week is one of the most thrilling times of the year. This race is known as "The Most Exciting Two Minutes in Sports" for its approximate time length.



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Odds to Win 2015 Kentucky Derby


March Madness Bracket
2015-02-15

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OLSSON TAKES WPT COPENHAGEN FINAL EVENT
2012-11-20

Swedish poker pro Emil Olsson has emerged the World Poker Tour Copenhagen champion.
Olsson spent the most part of the day as the underdog, down 600 000 chips from over 2 Million and seemingly unable to win any pots before going into heads-up with Norwegian Morten Klein.
Ohlsson eventually wore Klein down in heads-up action that lasted just under an hour, taking the title and pocketing $229 938 along with a $25 000 WPT Championship seat.
Final results ended up:
1Emil Olsson$229 938
2Morten Klein$145 164
3Philip Jacobsen$93 080
4Stanislav Barshak$68 316
5Robin Ylitalo$51 237
6Jan Djerberg$40 989