Tag: online poker
Online Poker is “Over” in France, Says Regulator
Cards Chat – Charles Coppolani, the new president of ARJEL, the French online gambling regulator, has declared that online poker in France is a “fad” that is “over”. Speaking to Les Échos in his first interview since taking up the post, Coppolani stated bluntly: “The fad is over. Basically, the online poker market may be mature.” It’s a worrying attitude from the man in control of an online poker market that desperately needs to adopt liquidity sharing with other European nations in order to thrive. France chose to regulate and ring-fence online poker and online casino gambling in 2010, closing…
Can Online Poker Become The New King Of New York?
Forbes – In America there is a war going on for the hearts and minds of thousands of online poker players, many of whom have been frozen out of the game they love. In one corner stand the lobbyists pushing for a federal ban on online poker. In the other, individual state lawmakers who are forging ahead with plans of regulated online poker for their residents. Three states – Nevada, New Jersey and Delaware – have thus far pushed on with legalized online poker, and New York could be up next. However, with disappointing returns reported to date and tax…
Online “poker tourism” boosting New Jersey economy
North Jersey – On any given Sunday, Mike Azzaro — or mikeycasino, as he’s known online — will travel from his home in Yonkers, N.Y., to a Ramsey hotel room for the night. The reason is not glamorous, but it is profitable: Azzaro, 27, is a professional poker player. Of the online players who have signed up to play in New Jersey at PartyPoker.com, 15 percent don’t live in the state. You must be within New Jersey’s borders to play, but residency isn’t required. That so many out-of-state players are traveling to New Jersey — call it “poker tourism” —…
Online Poker in France Continues to Decline
Poker News – According to a new report released by France’s online gaming regulator ARJEL, the country’s online poker regulated market has continued to decline despite tournament poker showing positive results. The negative trend that France’s online poker industry began experiencing in 2011 isn’t showing signs of recovery in 2014, as the number of active accounts in the first quarter of the year is 12% smaller than 2013. The decline in numbers is estimated to cost operators a 10% of their turnover. According to ARJEL’s report, bets at cash game tables fell by 19% during the first three months of…
New York Bill Would Legalize Internet Poker
An Orange County lawmaker has introduced legislation that, if passed, would legalize certain legalize internet poker, but only types of online poker games that are deemed to be contests of skill rather than luck. Currently, online poker is considered a game of luck and is illegal in New York state. The bill seeks to “amend the racing, pari-mutuel wagering and breeding law and the penal law, in relation to allowing certain interactive poker games.” According to the language of the bill, New York would authorize 10 online poker licenses. The licenses would come with a $10 million price tag and…
American Lotteries Oppose Federal Ban on Online Poker
Poker News – Sheldon Adelson’s opposition increased this week, as the North American Association of State & Provincial Lotteries (NASPL) issued a letter to Sen. Lindsey Graham, contesting his proposed federal ban on online poker. “Our Association believes, and is on record, that all gaming should be left up to the individual states to determine the games that are offered, as well as the manner in which they are being delivered to their customers,” writes NASPL Executive Director David Gale. “This is, and has always been, a state’s right to make these decisions as they relate to gaming within its…