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Shared Liquidity Can Save New Online Poker Markets in the US

A strongly worded editorial on the Las Vegas Review-Journal points out various flaws in the US federal government’s online poker policy.
Currently, federal laws give states the power to legalize online gambling within their borders. So far, the only states that have legalized online gambling are New Jersey, Delaware, and Nevada. Although they have expressed interest in the signing of interstate online gambling compacts and the merging of player pools, none of them have actually shared liquidity with other regulated markets.
Before sharing liquidity, they have to wait for the Department of Justice’s (DoJ) approval. The states could legalize online poker only because the DoJ announced in Dec 2011 that the federal Wire Act no longer applies to online casino and online poker gaming.
Ultimate Poker collapsed in Nevada because of lack of liquidity. The site just did not get the required traffic, owing to which it could not generate the expected revenue.
The online poker community still continues to hope that the federal government will enact federal poker laws, but there is no sign of this happening in the near future. To make matters worse, casino magnate Sheldon Adelson has launched a nationwide campaign against online gambling legalization. Under these circumstances, there are no hopes for poker friendly bills at the federal level.
In the absence of a federal-level poker bill, states have no choice but to legalize the game if they wish. However, they will find it very difficult to make a success of their online poker businesses if they do not merge player pools with other regulated US poker markets. California could turn out to be an exceptional case as it has a thick population.
Simultaneously, it is worth noting that sites such as WSOP.com have become successful despite lack of liquidity. Recently Caesars, which owns WSOP.com, hired a new executive officer for online gambling.

Nadal Beats Ronaldo at Charity Poker Game

Rafa Nadal, winner of 14 Grand Slam titles, and Ronaldo, the football star, played a PokerStars-sponsored charity poker game at the Hippodrome on Leicester Square in London on November 19, in which Nadal emerged victorious.
The two had to play against each other for 20 minutes and prove their poker prowess. Nadal won the game and received a prize of $50,000, which will be diverted to the Rafa Nadal Foundation, a charity that was launched in 2007 for the benefit of socially discriminated teens and kids.
Speaking after the game, Nadal said: “In poker, you need self control, the ability to analyze your opponent and read the game to know when to go for it, a strategy that is not too dissimilar to tennis. It was close for most of the match and I’m delighted to have won. I called all in on the final hand, which proved to be a good move.”
Revealing his opinions about his opponent, he said that he was glad to face a football star like Ronaldo at the poker table, adding that he will play a re-match if Ronaldo is willing.
Stating that Nadal played well, Ronaldo said that he made a mistake by bluffing at the end of the game, but Nadal had the better hand. He also said that boldness is essential in poker, but that the strategy just did not work for him this time.
This is the second time Rafa Nadal is winning a poker game against Ronaldo. The two played a game at the European Poker Tour (EPT) Prague Charity Challenge in December. During that game, Ronaldo, along with two professional poker players Fatima Moreira de Melo and Daniel Negreanu who had also taken part in the game, had no choice but to admit that Nadal is indeed a skilled poker player.

Some Interesting Facts about World Poker Champion Martin Jacobson

Martin Jacobson, the 27-year-old professional poker player from Sweden, has become the new world poker champion. He won the World Series of Poker (WSOP) 2014 Main Event, owing to which he took home the WSOP gold bracelet and the first-place prize of $10 million.
In order to win the championship title, Jacobson had to defeat Felix Stephensen in a heads-up match. Ultimately, his opponent’s nine pair proved no match for his three tens and he was declared as the WSOP 2014 Main Event champion.
Although born and brought up in Sweden, Jacobson resides in London. He began playing poker professionally six years back and has taken part in WSOP Main Events several times in the past.
There are number of interesting things to know about the new champion. He loves not only playing poker, but also cooking. Before he decided to make playing poker his career, he wanted to become a chef and migrate to Barcelona. His intention was to become the top chef of a three-star restaurant. Since this did not work out for him, he decided to play poker.
Jacobson is also fond of betting on sports events. His official website reveals that he enjoys betting on the mixed martial arts and tennis. The new poker champion is also a fitness freak. Expressing interest in nutrition and physical training, he says that he has made reiki and yoga part of his life.
Attention was hardly focused on Jacobson when the names of the November Niners were first released. In fact, hardly anyone took notice of him as he held the eighth biggest stack of chips.
He also appears to be into philosophy. Just before winning the WSOP gold bracelet, he wrote: “Luck is what happens when preparation meets opportunity.” Winning the WSOP 2014 Main Event is the first major achievement of his career.

Bwin.party Holds Acquisition Talks with Amaya, Playtech

Bwin.party Digital Entertainment Plc has issued a brief statement, in which it confirmed that it has held acquisition talks with several companies, one of which is believed to be Amaya Gaming, a gambling company based in Canada. Playtech is also believed to be one of the companies attempting to acquire Bwin.party.
According to the press statement, the aim of the acquisition is to create “additional value for bwin.party shareholders.” The company also stated that the acquisition discussions “may or may not result in an offer being made for the company.” Since the discussions are still in a preliminary stage, there is no guarantee of them resulting in an acquisition deal with any party.
Bwin.party’s online poker business has been declining by 25 percent year-on-year, as per the company’s Q3 reports for the current fiscal year. Although the company’s poker sector has suffered, its sports betting business has prospered thanks to the FIFA World Cup, which enabled it to post an increase in the gross revenue of this year when compared to the same last year. However, its tiny sports betting gain hasn’t helped the company reverse its losses and the company’s share value has been consistently reducing.
In addition, there is a conflict within the shareholder community. Jason Ader, one of the shareholders, had organized an internal protest, demanding the resignation of certain members of Bwin.party’s board of directors. A resident of New York, Ader is one of the members of the Las Vegas Sands Corporation board of directors. The Las Vegas Sands Corporation is a company owned by Sheldon Adelson, who has launched a nationwide anti online gambling campaign.
Amaya will be glad to acquire Bwin.party as it would be a great addition to its existing assets. Bwin.party’s European sports betting offerings are in good shape and the company already has a New Jersey license.

Bilzerian Creates Poker Related Advertorial

Professional poker player Dan Bilzerian has become the subject of several media articles because of his lifestyle and the way he spends his cash. The 33-year-old poker pro has a penchant for getting involved in various stunts and for purchasing gorgeous women, powerful sports cars, and large guns. This time, the professional poker player has done something closely related to his source of income—poker. He has created a video advertorial related to the game.
Nicknamed Renegade of Instagram, Bilzerian sometimes surprises people by actually working for the millions that he earns and stakes on various poker games. And he got quite a lot of money for creating this video.
BGO, the gambling company, signed an advertising deal worth $24 million with Verne Troyer, the Hollywood star, and Dan Bilzerian. According to the terms of this agreement, Troyer and Bilzerian worked together to create a short, but amusing video advertorial. A huge gorilla called Gerald plays the role of Bilzerian’s bodyguard and money keeper in the advertorial. Bilzerian is also accompanied by a pretty brunette, who probably serves as his good luck charm.
Bilzerian has used his favorite 6×6 machine in this advertorial. This is a machine specially made for the professional poker player, who had made absolutely no attempts to save any money when he purchased it. In fact, he had spent around $900,000 on it. He had hired the services of a sophisticated shop at Bottrop in Germany to get a Mercedes G63 AMG 6×6 converted into a Brabus B63S-700 6×6.
As a result of all the work done on the machine, it resembles a tank and also behaves in a similar manner. Although the engine produces 708 lb-ft of torque and 700 horsepower and is very powerful, it cannot move fast as it weighs around 4 tons.

GPI to Launch Global Poker League in 2015

As part of its attempts to establish poker as a sport, the Global Poker Index (GPI) has launched the Global Poker League.
Alexandre Dreyfus, the chief executive officer of the company that owns and operates the GPI, wrote an entire blog post about the new Global Poker League. He said that the GPI will officially launch the league in 2015 and that the newly formed league will include up to eight poker teams, which will play against one another for a season.
Calling it the GPI’s “most ambitious project to date,” he said that it has the ability to create “uniquely sportified poker content build for mainstream digital sports and news media.” He further said that GPL teams will comprise “draftable” players from wildcard entries and GPI rankings.
Dreyfus has already discussed the concept and various participation terms with several prospective owners of future teams and found it “an extremely positive experience.” He said that the new concept has been warmly received and that the GPI has already received several “commitments from intrigued future ‘franchise’ owners.” He also said that prominent personalities “from both in front of and behind the felt” are committing to the new concept too.
He also announced that the Global Poker Masters will be formed, similar to the World Cup. The Global Poker Masters will be officially launched in 2015, and top poker players from all over the world will be encouraged to represent their countries in the form of teams.
Dreyfus may be referring to these ideas as innovative, but the poker world has heard about it before. Poker leagues have been created in the past and haven’t been very successful and many are aware of the story of the extremely short-lived Epic Poker League. However, this doesn’t mean that the GPL will not be successful.