New Jersey online poker revenue grows in July

iGaming Business – The New Jersey Division of Gaming Enforcement (DGE) has reported that the US state experienced an increase in online poker revenue in July, ending three consecutive months of declining sales figures. The three licensed online poker operators in New Jersey took just under $2.2 million (€1.6 million) in July, which was up 4.8% on the $2 million generated in the previous month. Despite the increase, July proved to be the second least successful month since online poker became regulated in New Jersey last year, with June of this year being the least successful in terms of revenue…

‘Bad Actor’ Clause For Online Poker Legislation Would Be Unconstitutional

Card Player – Lawrence Tribe, a law scholar at Harvard, says that so-called “bad actor” clauses that aim to prevent a site like PokerStars from entering a regulated online poker market in the Unite States “would not survive federal constitutional attack.” Essentially, Tribe has argued, in a press release issued this week to the media, that enacting such a provision would be creating a “trial by legislature.” In 2012, PokerStars settled with the federal government without admitting to any wrongdoing in connection with the Black Friday indictment. The firm paid more than $700 million to the feds. Just last week,…

Regulated Online Poker in France Continues Steady Decline

Poker News – Is it doom and gloom in France? Some might say so, since regulated online poker has been steadily declining in France since new regulations began in 2010. According to the first quarter report released by France’s online gaming regulator ARJEL about the country’s online poker regulated market, the number of regulated cash game players is shrinking significantly. Cash game traffic dropped by 19 percent year over year, and perhaps even more alarming was the 28percent decline compared to two years ago. ARJEL also shared its concerns about trends in the French market by implying poker operators “are…

New Jersey online poker monthly revenue hits new low

iGaming Business – New Jersey online poker revenue levels hit a new low in May after the US state’s Division of Gaming Enforcement (DGE) reported a second consecutive monthly decline in internet poker revenue. The DGE posted online poker revenue of $2.3 million in May, a decrease of about 12.3% compared to the previous month. In April, the state also suffered a 19.3% month-on-month revenue drop to $2.6 million, but the May figures place online poker revenue at its lowest since it became regulated in New Jersey late last year. Total internet gaming win for May was $10.5 million, down from…

WSOP.com takes over as country’s largest regulated poker site

Poker Fuse – WSOP.com in Nevada has surpassed the combination of partypoker and Borgata in New Jersey to become the largest online poker site regulated in the US. With a 7-day moving average of 144 cash game players, WSOP.com NV has moved into the top spot ahead of the 141 cash game seats filled on the partypoker network in New Jersey according to data provided by PokerScout to pokerfuse PRO. The steady rise in traffic for the Nevada site began in mid-May as cash game traffic rose from an average in the mid-nineties to a 7-day average of 111 just…

PokerStars Responds To Proposed Amendments To California Online Poker Efforts

Card Player – After an historic consensus between 13 California tribal groups on online poker in the Golden State, PokerStars and its partner, the Morongo Band of Mission Indians, as well as the Commerce Club, Hawaiian Gardens Casino and the Bicycle Casino, have responded. The latter group is opposed to what has been proposed by the 13 tribal groups. Currently two Internet poker bills sit in the legislature. “We strongly oppose the so-called ‘bad actor’ language that is nothing other than a blatant attempt to provide certain interests with an unfair competitive advantage by arbitrarily locking out trusted iPoker brands,”…