Posts Tagged ‘Real’

Oklahoma Tribe Pushes Back Launch of Real Money Online Poker

 Oklahoma Tribe Pushes Back Launch of Real Money Online Poker

The real money portion of PokerTribe.com, a legal online poker site launched by the Iowa Tribe of Oklahoma, has been delayed. The anticipated launch date for what is supposed to be the first licensed international online poker room based in the U.S. was yesterday, but according to a press release, it has been pushed back as the Tribe “continue(s) to coordinate with foreign governments on the worldwide launch.”

In September 2015, the Iowa Tribe, along with its poker client developer, Universal Entertainment Group (UEG), was dead-set on launching a real money online poker site, but the state of Oklahoma’s Gambling Compliance Unit believed such a venture was illegal. The case went to an independent arbitrator, Charles Chapel, who, to the surprise of many, ruled in favor of the Iowas.

“The use of the Internet,” Chapel said, “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. The compact and all its terms shall remain in force.”

Both the state and the federal government abided by Chapel’s decision, so the Iowa Tribe and UEG went forward with their plans.

Earlier this year, PokerTribe.com launched play money gambling. This was not a brand new thing for UEG, as it had previously with the Cheyenne and Arapaho Tribes on a gaming website called – get this – PokerTribes.com. That fell apart, though, as the Tribes eventually called it quits. Now the site, for the most part, is back minus the “s” and with a new tribal partner.

In Monday’s press release, the Iowa Tribe said that it and UEG “are working to finalize the international country by country gaming licensees and international merchant processing banking. Banking partners will include Visa, MasterCard, Discover, American Express and more, plus our European banking partners.”

“We have completed each phase thoroughly and precisely. The final phase is the most important for a successful launch with the real money play, which is why we are rescheduling our launch date,” said the Iowa Tribe’s Chairman Bobby Walkup in the press release.

But a successful launch, whenever it may be, is likely to be a problem. UEG has estimated that the site’s online poker room could generate as much as $ 132 million in revenues by 2018, but it would be a miracle if that actually happened. Real money play will be open to players outside of Oklahoma in jurisdictions where such online gambling is currently legal. In the United States, there are only three states – Delaware, New Jersey, and Nevada – where online gambling is explicitly legal and it is only intrastate online poker that is legal in those states. Only Nevada and Delaware have an interstate agreement and that is only with each other, not other states. Thus, nobody in the U.S. could play on PokerTribe.com.

That leaves international players, of which there are many. Realistically, though, who from other countries would want to venture onto the site when there are already so many other established options out there, such as PokerStars, 888poker, the iPoker Network, and more? There is just no reason for anyone to try out the site.

In the meantime, PokerTribe.com is going to push back its real money launch date so it can make sure all of its ducks are in a row. But it probably won’t matter.

Poker News Daily

PokerStars Halts Real Money Games in Slovenia

 PokerStars Halts Real Money Games in Slovenia

In an e-mail distributed to the media (as well as likely a similar message sent to affected players), PokerStars announced on Friday that it is withdrawing from the Slovenian online gaming market, effective today.

The official statement, issued by a PokerStars representative, reads as follows:

Our management team regularly review our operations market-by-market to assess commercial opportunities and business risks for our brands.  Following a recent review, we have decided to stop offering real money games to players who are physically located in, or have a registered address in, Slovenia from 4 July, 2016.  Player balances remain safe and secure, and players are able to withdraw their real money balances at their convenience. We do not currently expect to withdraw services from any other locations in the foreseeable future, and a full question and answer page has been provided for affected players.

We hope that we will be able to return to the market in due course, and will continue to support the implementation of fair and consistent regulation that serves the needs of all stakeholders and includes a strong commitment to consumer protection, particularly of vulnerable people, in Slovenia. There is already a successful framework for such regulation in Europe and PokerStars is currently licensed in 12 EU countries.  We hope to apply for a license in Slovenia when it is possible.

Online gaming regulations have been in the works in Slovenia for several years, but it was not until March 2016 that the country notified the European Commission of its intended changes to its gaming law, changes which included the legalization and regulation of online gambling. Should the new laws take effect, operators would be required to obtain a gaming license to offer their services in Slovenia, which would be good for ten years and renewable in five year increments after that.

This follows a pattern of PokerStars and its parent, Amaya, “clearing the deck,” so to speak, as it anticipates applying for gaming licenses in certain jurisdictions. In Slovenia, one would assume, PokerStars does not want to risk the possibility of rubbing regulators the wrong way by offering internet poker in the country without a license, even if it is not technically illegal at this point. This also serves the same purpose for future licensing in the United States; by pulling out “grey markets,” those jurisdictions where online poker isn’t explicitly illegal but not exactly legal, either, PokerStars is making sure that regulators in the U.S. (for instance, California, where legislation is currently being debated) don’t have any ammunition to reject their licensing application.

A week ago, PokerStars and Amaya did the same thing with Israel, pulling its real money offerings from the country. Israel prohibits most forms of gambling and while online poker is not explicitly legislated against, the other anti-gaming laws are typically applied to internet gaming. PokerStars message to Israeli customers was much more final-sounding than was the one to Slovenians, given instructions on how to cash out and not including optimistic language about future licensing.

Poker News Daily

PokerStars Withdraws from Israel Real Money Poker Market

 PokerStars Withdraws from Israel Real Money Poker Market

PokerStars has halted the offering of real money poker games in Israel, according to both an e-mail that was sent to customers and a pop-up message that was presented to Israeli players upon attempting to login. The ban took effect Monday, June 27th. In a somewhat ironic side note, the founder of PokerStars, Isai Scheinberg, is Israeli.

It appears that this decision was made because Israel is what is considered a “grey” market in the online poker world. That is, online poker is not explicitly illegal in the country, but it isn’t legal, either. Israel does, though, bar most other forms of gambling and has typically used those laws to cover internet gaming, as well.

PokerStars has been withdrawing from grey markets over the years. It is generally understood that the decision to do so is to make its parent company, Amaya, look as squeaky clean as possible as it applies for operating licenses in various jurisdictions, the United States, in particular. Amaya doesn’t want any potential blemishes on its record when trying to apply for access in the States. There are a lot of customers to be had if Pennsylvania and California open up to internet poker and Amaya doesn’t need to die on the grey market hill.

Below is PokerStars’ e-mail to its Israeli customers, as shared on Two Plus Two:


Our management team regularly review our operations market-by-market to assess commercial opportunities and business risks for our brands. Following a recent review, we regret to inform you that we have decided to stop offering real money games to players who are physically located in – or have a registered address in – Israel from June 27, 2016. We apologize for this inconvenience and hope you’ve enjoyed your experience – we invite you to continue playing with your existing account on our play money site here.

Player balances remain safe and secure, and players are able to withdraw their real money balances at their convenience.

You will be able to withdraw to your Visa card or WebMoney account providing you have used them to deposit within the last 12 months. If you have not, you will need to deposit with them before June 27 to be able to do so. The wire transfer option may also be available for withdrawals. Note that if you do deposit with WebMoney you will need to wait 48 hours from your last deposit before you are able to withdraw your funds.

A full question and answer page has been provided for affected players.

Any outstanding tournament tickets or T-money will be converted to cash. A $ 1 VIP Cash Rebate has been added to the VIP Store that can be purchased for 100 StarsCoin in order to facilitate players who would like to convert their StarsCoin to cash. Players who have made progress on their current VIP Step will receive the full prorated value of their current Step credited if the amount is 250 StarsCoin or more.

Please allow up to 72 hours from June 27 in order for these credits and conversions to be made, and don’t hesitate to contact us if you have any questions.

Poker News Daily

Hialeah Park to Pay Large Fine in 2015 Tournament Fiasco, Real Perpetrators Get Away

 Hialeah Park to Pay Large Fine in 2015 Tournament Fiasco, Real Perpetrators Get Away

Wrapping up a fiasco that dates back to last summer, Florida gaming officials are expected to hand down a massive fine against one of the state’s most popular poker rooms. The fine is the result of a tournament that still has several question marks as to the integrity of the event and the racetrack where the poker room is located is not answering any further questions on the subject.

The situation dates back to the last week of August 2015, when the Hialeah Park Poker Room was allegedly holding a poker tournament to celebrate its second year of existence. The tournament, a $ 250 buy in event with a $ 200,000 guaranteed prize pool and a first place guarantee of $ 60,000, drew in competition from other poker rooms across Southeast Florida as players were drawn to the sizeable prize pool. According to Florida gaming journalist Nick Sortal, one of the players in that event was T. J. Shulman, whose Hendon Mob resume lists nearly $ 500,000 in tournament poker winnings over the last ten years. While the “regulars” in the Hialeah Park room saw the big money Shulman, who was used to tournaments like the one being run at the Hialeah Park Poker Room, was more interested in watching the operators of the tournament.

As the tournament proceeded through Shulman’s Day One (one of five that were operated in the tournament), Shulman noticed oddities that he hadn’t seen in other events. Players would be speaking with the floor staff and management, then seat themselves without explanation (Shulman said another player relayed to him, “They were talking in Spanish and the guy understood another player saying he was getting 20% of the winnings and giving the staff 80%”). Other personnel would handle money at the sign-up desk rather than the appropriate cage locations. What got Shulman, though, were the numbers. “I told a Hialeah supervisor, ‘You’re missing $ 48,000 from the prize pool,’” Shulman stated to Sortal. “The supervisor told me, ‘If you don’t like the way we’re playing here, go back to the Hard Rock (the Seminole Hard Rock Hotel and Casino in Hollywood).’”

This lines up with reports from other players who participated in the event. There was an attempt by the staff to “clear up” the issue but, instead of clearing things up, they instead clouded the waters even further. Additionally, once the tournament was completed there was no listing of winner of the tournament or the final table finishers, nor were there any listings offered for players who cashed in the estimated 1000 entry field.

Not surprisingly, the players rebelled against the Hialeah Park Poker Room. In September, the Florida Division of Pari-Mutuel Wagering (the regulatory body overseeing poker rooms in Florida) opened up an investigation. After a nearly three-month investigation, the state investigators issued their report on December 29, listing a litany of offenses regarding not only the tournament but also other actions around the poker room itself, including lack of video surveillance, no receipts for cash in or out of the cages, improper handling of money, even supervisors pocketing cash. “(The investigation) confirmed what the players suspected,” Sortal wrote, “Hialeah’s poker managers ran a dirty tournament.”

By the time this report from state officials came down in December, however, the culprits had already left town. The manager of the poker room at that time, Nelson Costa (who was also alleged to have run a poker dealer school that provided dealers to the Hialeah Park room; he would then take a cut of the dealer “tokes” in some arrangement with the dealers), resigned his position in October and three other assistants were fired following the conclusion of the tournament in question. The Hialeah Park Casino’s Director of Compliance, Angel Garcia, is working as the poker manager in addition to his other duties and the casino has brought in other personnel from as far away as Atlantic City to operate the poker room properly.

Hialeah Park isn’t talking anymore about the situation. The organization had until January 18 to respond to the state’s report and apparently didn’t disagree with any of the findings. As such, Sortal expects that the Hialeah Park Poker Room will receive a six-figure fine over the poker tournament but no one will face any criminal charges in the case. Sortal also indicates that, when he was asked about the situation, Hialeah Park President John Brunetti “declined to comment.”

Although Hialeah Park officials should be held for more responsibility in the case (hopefully that six-figure fine is a BIG six-figures), the real culprits – Costa and his assistants – are the ones that state officials should be on the lookout for. In fact, any state that has gaming should have their information on file as persona non grata for employment in the gaming industry for the actions taken in the Florida event. If such situations aren’t punished thoroughly, then people will believe they can get away with ripping the customers – in this case, poker players – off, something that should never happen in a casino setting.

Poker News Daily

Cash game Challenge- IM FOR REAL THIS TIME

 Cash game Challenge  IM FOR REAL THIS TIME
boy it has been a long time given that i have been a typical on cardschat, but now the basketball season has finished and now it is time to emphasis on my poker game and attempt to get all set for a huge summer. I finished the yr out effectively and came into the new yr ultimately moving up from 5nl to ten NL. I got my roll up to 507 dollars and then i went on a enormous killer downswing at ten nl, but i felt good about my decisions and my all in adujusted was 60 bucks down as an alternative of the two hundred that i was down. It was very annoying and at occasions i considered that i was heading to give up due to the fact it seemed that any good choice that i made was going to be rewarded. I calmed down and imagined about the mental element of poker and that i cant do everything about how the playing cards fell, but i have to dwell with and realize poker is a recreation in the lengthy run.

Nicely now i am heading to keep a daily put up if attainable to display the place i am at and how i am progressing. I will also be actively playing dwell on twitch.television and my person name is RegHC23 if you want to follow me and sign up for the stream. I will consider to perform close to a 1000 palms or far more a session and see how it goes.

See you on the felt.:)

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