Posts Tagged ‘Operations’

World Poker Tour Expanding Operations into India, South America With New Partnerships

 World Poker Tour Expanding Operations into India, South America With New Partnerships

The World Poker Tour has, at certain points in its history, stretched their moniker as far as “world.” For a few years, the organization barely left the States of America and, if it did, it was still on the North American continent. Of late, however, the WPT has been stretching out into the international market, as demonstrated by their latest endeavors on both sides of the globe.

The WPT and India-based Adda52.com announced that they would be collaborating to expand poker in the billion-people strong country. This Asia-Pacific expansion between the two groups will be twofold, with a new tournament – the WPTDeepStacks India – as well as a brand-new honor for yearly performance in the WPT India Player of the Year award. Between both endeavors, the WPT and Adda52.com are looking to make poker even bigger in the country.

“With a burgeoning poker community in a country with a population of more than 1.3 billion, India is one of the most important territories in the global poker landscape,” added Angelica Hael, the WPT’s Vice President of Global Tour Management. “Together with our partner Adda52.com, the WPT looks forward to not only sharing the WPT experience through the expansion of WPTDeepStacks to the region, but also giving Indian players incremental value with the WPT India Player of the Year award.”

“We are excited for WPT and Adda52 to take its partnership to new heights by bringing WPTDeepStacks to one of India’s most beautiful locations, Goa,” Anuj Gupta, the founder & Chief Executive Officer of Adda52.com, added. “WPTDeepStacks India will be an exceptionally unique event since the tournament will be held onboard a floating ship. As poker’s premier mid-major tournament circuit, WPTDeepStacks is the perfect fit for the Indian poker community.”

As Gupta stated, the WPTDeepStacks India will be held from November 7-13 at the Deltin Royale Casino in Goa, India. The $ 1000 buy-in tournament will be the capstone to the other innovation produced by the partnership between the WPT and Addar52, the WPT India Player of the Year award. Along with the DeepStacks tournament, two other events in India will be held to find the best player in the country.

From July 20-24, the Deltin Poker Tour Goa will hold a $ 540 Main Event, with the people who cash in the tournament earning all-important points towards the WPT India POY. From September 6-11, there will be another $ 540 tournament for the Deltin Poker Tour Goa where players can earn more points. Along with the November WPT DeepStacks tournament, the player who earns the most points through the three tournaments will win the WPT India Player of the Year award.

Danny McDonagh, the WPT Live Events Specialist, commented, “Alongside the outstanding team at Adda52.com, the World Poker Tour is proud to introduce a dedicated WPT India Player of the Year award to showcase the region’s top talent and to bring WPTDeepStacks to this flourishing market.” In making this statement, McDonagh also brought up the prizes for those who vie for this title. The eventual champion will be named Player of the Year and earn a $ 5000 credit for WPT events and Deltin tournaments during Season XVII of the WPT.

Alongside their stretch into the Asia-Pacific market, the WPT is also looking southward for more poker action. Earlier this week the WPT announced that they had paired with Enjoy Punta del Este in Uruguay to bring a televised poker event to the South American country. As a part of their Season XVI schedule, the new WPTDeepStacks Uruguay Main Event (with two opening day flights and a $ 1500 buy in) will play from November 1-5 this fall.

“With its entry into South America, the World Poker Tour is now on its fifth continent,” said Adam Pliska, the Chief Executive Officer of the WPT, in announcing the new stop. “As the WPT continues its global expansion, we look forward to showcasing the abundance of poker talent across the globe and bringing the game to new audiences worldwide, starting with Enjoy Punta del Este in Uruguay.”

“It is an honor that a company as prestigious as the World Poker Tour has chosen Enjoy Punta del Este to co-host the tour’s first televised event in South America,” said Sebastián Truffello, the General Manager of Enjoy Punta del Este. “It is no secret that the WPT features the best televised poker tournaments in the world, and it is our great pleasure to partner with the WPT for this extraordinary event. We have no doubt that the combination of Enjoy’s expertise and infrastructure, plus the incredible experience of participating in a world-class WPT televised tournament, will result in an incredible event for all of those who attend.”

It seems that the WPTDeepStacks event won’t be the only tournament going on around that time. Although it has yet to be finalized, there is a full schedule of preliminary events that will surround the WPT tournament in Punta del Este, promising plenty of poker action for all. For those that don’t do so well on the tables, there is plenty of beaches and entertainment to take the mind off the losses – at least for a bit.

The WPT – the organization where “world” was once a funny joke – is truly striving to make it an integral part of its being. With the new events spanning the globe in India and South America, the reach of the WPT seems to only become greater.

Poker News Daily

Oklahoma Indian Tribe Given Go-Ahead for International Online Poker Operations

 Oklahoma Indian Tribe Given Go Ahead for International Online Poker Operations

As many states still struggle with the idea of regulating online gaming and/or poker within their borders, an Oklahoma Indian tribe could be moving forward with plans to open up the first international online poker room within the borders of the United States.

The Iowa Tribe of Oklahoma has received final clearance from the federal government to launch an online poker site that, in essence, will be able to step into the market that is currently being worked by such sites as PokerStars, 888 Poker and partypoker on an international basis. The U. S. District Court for the Western District of Oklahoma’s Judge David L. Russell stated during hearings that there were “no genuine issues of material fact that preclude summary judgment in the tribe’s favor.” The Iowa Tribe, a small band that consists of only about 800 members, is headquartered in Perkins, OK, and their tribal jurisdiction extends across Lincoln, Logan, Oklahoma and Payne Counties inside the state.

The journey to reach this point has been an arduous one for the Iowa Tribe. In September 2015, the tribe announced that they were going to move forward with opening an online poker site per their agreement with the state of Oklahoma and the state’s Gaming Compliance Unit, which oversees all gaming within the state. The GCU believed that the Iowa Tribe’s move into online gaming violated the state’s gaming laws and objected on those grounds, forcing an arbiter to take a look at the case.

That arbiter, Charles Chapel, rendered his decision in December that “usage of the Internet is merely using technology to play covered games as a way to increase tribal revenues. It does not extend or restrict the scope of the games and does not amend the compact in any way.” In essence, Chapel stated that the Iowa Tribe’s online poker room was a simple extension of their operations and not a “new game” that needed new regulation. Surprisingly, the state accepted the arbiter’ ruling and, perhaps even more surprising, the federal government signed off on the deal also.

Now the Iowa Tribe is free to work their deal with Universal Entertainment Group, who has been down this road before with tribes inside Oklahoma trying to start online gaming ventures. In December 2015, NewsOK.com’s Brianna Bailey stated that Universal Entertainment Group had been involved in online gaming in the Sooner State since 2014, when they worked with the Cheyenne and Arapaho Tribes in a site called PokerTribes.com (the new site with the Iowa Tribe with be called PokerTribe.com – note the dropping of the “s” from the website). After putting upwards of $ 10 million into the efforts, those two tribes backed out of the deal with Universal and the company has been searching for a new dance partner since.

Why is this important for Universal and the Iowa Tribe? Simply put, the financials. Bailey says that Universal estimates that a fully matured international online poker operation from the tribal lands could generate as much as $ 132 million in revenues by 2018. Add in the potential for teaming with other tribes in the state of Oklahoma – something that Iowa tribal chairman Bobby Walkup isn’t against, according to Bailey – and the potential exists for even more revenues for the operation.

With all the legal actions out of the way, the only question now is when the Iowa Tribe and Universal will get down to action. If all goes as planned, PokerTribe.com will be open sometime before the end of 2016 and it will be a full service online casino, not just an online poker operation. Then will come the question of whether the international community – and just how many U. S. players – will or can come calling on the site as to how successful it will be.

Poker News Daily

DraftKings, FanDuel Reach Settlement with NY AG, Will Cease Operations in NY

 DraftKings, FanDuel Reach Settlement with NY AG, Will Cease Operations in NY

On Monday, DraftKings, FanDuel, and the New York State Office of the Attorney General announced that they have reached a settlement in the legal battle over daily fantasy sports (DFS) in the Empire State. In exchange for the two DFS leaders withdrawing from the New York market until at least September, NY AG Eric Scheiderman has agreed to drop most of the charges against the two companies.

The reason September is key for DraftKings and FanDuel is because their appeal regarding the legality of DFS is scheduled to be heard that month. If the Court rules that DFS is, in fact, legal in the state, then one would assume that DraftKings and FanDuel could get right back to offering real money contests.

In the meantime, there are DFS bills circulating in the state legislature. According to the terms of the settlement, if one or more of the bills pass by the time the Senate and Assembly adjourn on June 30th, therefore legalizing DFS, then the lawsuits/charges levied against DraftKings and FanDuel by the New York Attorney General will be dropped except for the charges of False and Misleading Advertising.

If the Attorney General Schneiderman wins the appeal in September, DraftKings and FanDuel have agreed to do away with their lawsuits and appeals. The AG will do the same, but the false advertising charges will stick.

The sites have also agreed to process withdrawal requests from customers within seven days of when the requests are made. It appears that customers of the two sites can choose to keep their funds on deposit if they wish so that they can play in real money games if they find themselves logging in from a state in which the sites are still active. The sites are permitted to host free contests and can award prizes, as long as players are not required to pay an entry fee.

FanDuel posted a statement on its website, explaining the situation. The statement reads, in part:

New York is a critical state for FanDuel. FanDuel is headquartered in Manhattan, where we employ more than 170 young, smart, passionate fans who are committed to innovating and providing the best fantasy experience possible. We are proud to be one of New York’s largest startup companies, and while it is disheartening for us to restrict access to paid contests in our home state, we believe this is in the best interest of our company, the fantasy industry and our players while we continue to pursue legal clarity in New York.

DraftKings did, as well:

We are an industry leader in technology, innovation and consumer protections, and we are grateful to the hundreds of thousands of New Yorkers who have enjoyed playing fantasy sports on DraftKings for the last 4 years. We will continue to work with state lawmakers to enact fantasy sports legislation so that New Yorkers can play the fantasy games they love.

On the other side, Attorney General Schneiderman celebrated:

I’m pleased to announce that both FanDuel and DraftKings will stop taking bets in New York State, consistent with New York State law and the cease-and-desist orders my office issued at the outset of this matter. As I’ve said from the start, my job is to enforce the law, and starting today, DraftKings and FanDuel will abide by it. Today’s agreement also creates an expedited path to resolve this litigation should that law change or upon a decision by the appellate division. Regardless, our key claims against the companies for false advertising and consumer fraud are not affected by the agreement and will continue.

Poker News Daily



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