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Yahoo! Enters Real Money Online Poker IndustrySat, Apr 28th, 2007 @ 12:00am Yahoo! has launched Yahoo Poker, a real money online poker room by partnering with St. Minver Ltd., the Gibraltar-based white-label online gaming group and running on the International Poker Network (IPN), owned and operated by software provider Boss Media AB of Sweden. Players resident in the USA are not currently accepted, but most other countries can register and play for real money. Yahoo has initially targeted the European poker market. This is the first time an Internet Service Provider (ISP) has opened a real money online poker room. AOL, another significant U.S. ISP, operates only a 'play money' site at this time. And computer industry giant Microsoft includes a play money poker game in its latest operating system, Windows Vista. As an ISP, Yahoo! has access to huge numbers of potential players. And it has a distinct marketing advantage by having one the most recognizable brand names on the Internet, as well as a considerable marketing reach. So it could quickly become a dominant online poker site. Because of this, the online poker industry is watching closely to see how much impact Yahoo! will have. Both Party Poker and Poker Stars have previously stated that the real competition starts once these multi-billion dollar corporate "giants" enter the arena. Today, Yahoo! is cutting its teeth on the European poker market. Also noteworthy is that Yahoo! made its announcement the same day that US Rep. Barney Frank (D-MA) introduced the Internet Gambling Regulation and Enforcement Act of 2007 to license, regulate and tax online poker and online gambling in the USA. The bill sets out to counter how the Unlawful Internet Gambling Enforcement Act (UIGEA) of 2006 made it illegal for financial institutions to process transactions between US residents and online gambling sites. So stay tuned- we may continue to see more new horses circling around before the starting gates, getting ready to vie for the lucrative USA online poker market when it reopens. Read Related Article:
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Keikoan Captures Harvey's Lake Tahoe WSOPC Championship This week marked the finale of the biggest annual tournament series in Northern Nevada, the WSOP Circuit championship at Harvey's Lake Tahoe. While the Main Event saw only a modest turnout, it did boast of a tough final table, and a WSOP bracelet owner as the eventual champion.
WSOP Main Event Champ Joe Cada to Appear on Letterman The poker world will receive some late night attention tonight as "The Kid" Joe Cada, the youngest champion in the four decade history of the World Series of Poker Main Event, takes a seat next to embattled talk show host David Letterman.
First Korean Champ of Asia Pacific Poker Tour Crowned in Cebu Another stop on the Asia Pacific Poker Tour is in the books, this time it's the APPT Cebu in the Philippines, and for the very first time a Korean player has come out on top.
Pollack Done as Commish of World Series of Poker Just three days after crowning Joe Cada as the 2009 Main Event champion, officially closing the special 40th anniversary run of the World Series of Poker, Jeffrey Pollack has resigned his post as Commissioner of the WSOP.
Durrrr Signs as Team Full Tilt's Youngest Member Tom "durrrr" Dwan is the newest member of Team Full Tilt, the online site's highest level of affiliation. At 23, Dwan is the youngest of the now 14-person team. The high stakes cash phenomenon was nominated for induction this year into the Poker Hall of Fame until the Hall of Fame Governing Council decided he was too young to meet the "has stood the test of time" qualification.
Joe Cada Becomes Youngest World Series of Poker Main Event Champ History was made early Tuesday morning in Las Vegas as 21-year-old Joe Cada outlasted Darvin Moon in heads-up play to claim the 2009 World Series of Poker Main Event bracelet and more than $8.5 million.
Moon and Cada Heads-Up, Ivey 7th at WSOP Main Event Final Table After a marathon session at the most esteemed table in the poker world, a 21-year-old and a logger are set to go one-on-one for the World Series of Poker Main Event bracelet.
PokerStars Launches New UK and Ireland Poker Tour PokerStars.com has announced the start of a new poker tour with stops throughout the United Kingdom and Ireland. The UK and Ireland Poker Tour (UKIPT) will kick off in Galway, Ireland in mid-December, and the first event in the UK will be held in Manchester in February.
Peerless Media Agrees to Purchase World Poker Tour Enterprises According to a Monday press release, WPT Enterprises Inc., mothership of the World Poker Tour, is now the rightful property of Peerless Media, Ltd., subsidiary of online giant PartyGaming.
Tiffany Michelle and Maria Ho Hit the Amazing Race Rail After surviving six legs of the Amazing Race by the skin of their teeth, poker pros Tiffany Michelle and Maria Ho were finally eliminated in the CBS reality show's most recently aired episode. Michelle and Ho, the last women standing in the 2008 and 2007 World Series of Poker Main Events, gave reality television fans another chance to watch poker personalities compete away from the felt. Annie Duke garnered quite a following earlier in the year on another reality show competition, NBC's Celebrity Apprentice. |
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