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Online Poker Not in the Cards for Holland CasinoThu, Apr 3rd, 2008 @ 12:00am The upper house of the Dutch parliament voted down a bill to grant monopoly operator Holland Casino an exclusive license to provide online gaming services in the Netherlands by a margin of only two votes on Tuesday, dashing Holland Casino's hopes of offering poker and online gambling to Dutch players over the Internet. Holland Casino had been working for over a year on developing an online offering in cooperation with software provider CryptoLogic (click here for related article). In February, the European Commission (EC) issued a final warning to Holland challenging their protectionist practices against foreign gambling operators to bring them into compliance with EU directives that give EU-based operators the free movement of goods and services between the 27 EU member countries (click here for related article). The EC's challenge to Holland's gambling monopoly was one of two main factors influencing the "no" vote. The other reason was that many Ministers simply did not want to introduce any more gambling opportunities to Dutch citizens. Supporters of private gaming operators celebrated a short-lived victory, when they soon realized that by denying online gaming by state-owned Holland Casino, the Dutch government can now more forcefully defend their position to the EC that they limit online gambling to protect Dutch players. The "no" vote also clears the way for Dutch authorities to pursue legislation that would impose criminal penalties on banks and credit card companies for facilitating Dutch citizens gambling on foreign gambling sites, noted the Gaming Intelligence Group. CRYPTOLOGIC DEALT A BLOW Cryptologic said this morning that while it had hoped to benefit from the establishment of such a site (they would have been on a revenue share basis with Holland Casino) the "no" vote would have no material impact on the company. "While advocates of safe, secure and regulated e-gaming are disappointed with the Dutch decision, CryptoLogic never places all its bets on one table," said Brian Hadfield, CryptoLogic's President and CEO. "That's why this decision will have no material impact on our business. We recognised the challenge in Holland early and prepared our business by accelerating other revenue-generating initiatives."
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Borgata Poker Open: $5 Million Guaranteed Prize Pool, September 3-18 Gearing up for the sixth annual Borgata Poker Open, which culminates with the World Poker Tour (WPT) Championship event September 14-18, Borgata Hotel Casino & Spa conducted its first-ever Borgata Poker Open VIP Access super-satellite event on Sunday. The $1,000 buy-in + $100 entry No Limit Hold'em event awarded one in every twenty-five participants a $25,000 VIP Access Prize Package, consisting of $15,000 in cash and a $10,000 seat into the Borgata Poker Open- WPT Championship, which, for the first time ever, Borgata is guaranteeing a $5 million prize pool.
WPT Canada to Air on Rogers Sportsnet Beginning September 1st Have no fear, poker fans to the north. Next week, the World Poker Tour (WPT) will air the first of four episodes of WPT Canada. The series, which will air on Rogers Sportsnet, is the first WPT series dedicated solely to Canadian events.
World Poker Congress Convenes October 29-30 in Budapest Budapest, Hungary will host the third annual World Poker Congress (WPC) on October 29-30, 2008 at the Marriott Hotel. Symbolically located near the world famous Szechenyi Chain Bridge which spans the Danube River, this conference will once again act as a connection between both the land-based and online operators and providers in the poker industry.
Pacific Poker Parent Profit Rises 40%, Bingo & Backgammon Help Revenues 888 Holdings Plc, the second-largest U.K. online gambling company and owner of online poker site Pacific Poker, said their first-half profits jumped 40 percent after new bingo and backgammon games encouraged more bettors to open accounts, and poker sales advanced 2.2 percent.
Razor Edges AMak to Grab Legends of Poker Crown
Ben Affleck Wins PPA Charity Poker Tourney at Democratic Convention Celebrity poker player Ben Affleck bested 100 players to win the "Poker at the Ballpark" charity poker tournament hosted by the Poker Players Alliance (PPA) in Denver during the 2008 Democratic National Convention. The event raised over $60,000 for the Paralyzed Veterans of America.
Will Michael Phelps Go for Ninth Gold at WSOPE in London? Olympic phenomenon Michael Phelps has established himself as a 'human dolphin' in the swimming pool, but away from the water he is something of a 'shark' as he was spotted playing poker at a Mayfair Casino following the Olympics after party.
APT to Host Asia's Largest Cash Game- Minimium Buy-in HK$1 Million! Day 1A of the eagerly awaited APT Macau finally is underway at the Galaxy StarWorld Hotel and Casino in Macau! 'Godfather of Poker' Doyle Brunson and the legendary host of the 1970 World Series of Poker, Jack Binion, joined Asian Poker Tour Tournament Director Matt Savage to "Shuffle Up and Deal" as a world class field took their seats. Binion, standing beside Brunson, addressed the players as they took their seats, saying: "This is the future of poker. This is so exciting and significant - you can see the potential and feel the energy."
Razor Headlines Legends of Poker Final Table Three nine-handed tables returned to the Bicycle Casino Wednesday for Day 4 of the 2008 Legends of Poker Championship. Adam Weinraub, 2007 WPT Invitational champ and end of Days 1A and 2 chip leader, was the second player out the door (26th place). Five-time WSOP bracelet winner Allen Cunningham went soon after (24th place) followed closely by Maria Ho, the last woman remaining in this event (23rd place). They each earned $21,125 for their work at the tables.
Mohegan Sun Opens 42-Table Poker Room, $925Million Expansion This Friday This Friday, Connecticut-based Mohegan Sun, already one of the largest gaming facilities in the world, will grow bigger when they unveil the first phase of their $925 million Casino of the Wind expansion. Mohegan's new 64,000-square-foot Casino of the Wind will feature a 42-table poker room, more than 650 slot machines, and 28 table games. |
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