LATEST POKER NEWS
Industry Analyst: Legalization Of Online Gambling Will Result In More Than $400 Million For PA In First Five Years
The Pennsylvania legislature will hold a joint hearing next week on gambling. The Senate Community, Economic & Recreational Development Committee and the House Gaming Oversight Committee will get the ball rolling on discussions of a comprehensive gaming reform package.…Steve Ruddock
US ONLINE POKER NEWS
- 24 Feb, 2017
The American Poker Awards were handed out last night in Beverly Hills with Matt Savage, Jason Somerville, and Jason Mercier among the winners.
- 23 Feb, 2017
BorgataPoker in New Jersey is appealing to heads-up sit & go specialists with a new online poker leaderboard promotion with $2,500 in prizes.
- 23 Feb, 2017
From May 30-July 17, poker players will flock to Nevada for the World Series of Poker, but they may want to learn about the marijuana laws first.
- 22 Feb, 2017
After years of delays and setbacks, Massachusetts large casino projects now have firm timelines to open. MGM Springfield will be the first, in fall 2018.
- 21 Feb, 2017
Lately, PokerStars has tailored its promotions less around casual players and more toward dedicated grinders. Cash Game Quests is the latest example.
- 20 Feb, 2017
The stakes for Pennsylvania when it comes to potential changes to gambling law in the state couldn't be higher. And the issues being pondered aren't minor.
- 16 Feb, 2017
New York online poker legislation cleared its first hurdle in the Senate this week, passing 11-0 out of the chamber's gaming committee.
- 15 Feb, 2017
The NJ online gambling industry set another monthly revenue record in January, but it wasn't the industry's likely suspects leading the charge.
- 15 Feb, 2017
PokerStars unveiled its latest new poker game today, a game called Power Up that allows players to use cards imbued with special abilities.
- 14 Feb, 2017
WSOP.com and Solve for Why poker training academy teamed up to create Tricks of the Trade, an interesting new promotion for select online poker players.
Legal US Poker Sites 2017
Legal US online poker sites debuted on April 30, 2013. Ultimate Poker was the site that made history. Nevada was the first state to host fully legal online poker. Texas Hold’em was the only game spread at Ultimate Poker during its first six months in business.
WSOP.com joined the Nevada online poker market on September 17, 2013. The World Series of Poker’s online site brought the first games of Omaha, Omaha High/Low, Seven Card Stud, and Seven Card Stud High/Low to Nevada.
Real Gaming opened in Nevada in February 2014. It was a small site that only offers No Limit Texas Hold’em and is effectively inactive at this point.
WSOP.com now controls 99% of the Nevada market. This near monopoly was caused by the shuttering of Ultimate Poker in November 2014.
Delaware was the second state to launch legal online poker. There is one network powered by 888. The state’s three racinos – Delaware Park, Dover Down, and Harrington Raceway – are skins on the Delaware poker network. Nevada and Delaware will pool poker players in April 2015. WSOP.com and 888 will be the sites responsible for creating the first legal interstate online poker pool.
New Jersey became the third state with legal online poker on November 21, 2013. There are currently three poker networks in New Jersey. One hosts Borgata and Party Poker, the other has WSOP.com and 888 on it, and the third is made up solely of PokerStars NJ. All networks are about equal in overall size at any given point in time.
There were three additional poker platforms in New Jersey when the state launched regulated poker sites. 888 was originally a standalone site before it merged player pools with WSOP.com. Ultimate Poker was unable to gain more than three percent of the market share. The Ultimate Poker site was shuttered on October 5, 2014. The associated UCasino was also closed at that time. Betfair failed to attract any players and closed its poker site on December 1, 2014. Betfair still operates an online casino in New Jersey.
There are some differences between three regulated poker states. Nevada only permits online poker. New Jersey and Delaware also spread casino games banked by the house. Nevada and New Jersey allow the state’s brick and mortar casinos to operate online sites. In Delaware, the state lottery is the sole operator.
Pennsylvania legislature is considering legalizing us poker sites and the consensus among experts is that a bill may be passed in spring 2017.
One of the biggest advantages to playing online poker at regulated sites in Delaware, Nevada, and New Jersey is that all player funds are just as safe as they would be at a licensed casino in any of those states.
There are also ample deposit and withdrawal methods that are safe and secure.Players can use Visa, Mastercard, electronic checks, bank wires, Neteller, Skrill, PayNearMe, prepaid card, and cash at the associated licensed casino. Withdrawals are processed by electronic check, paper check, Neteller, Skrill, prepaid debit card, and cash at the associated licensed casino. The method available depends on the state and participating site.
Federal law allows states to legalize and regulate online poker. This is specifically exempted from the Unlawful Internet Gambling Enforcement Act. A September 2011 Justice Department opinion confirmed this and explicitly gives states the right to permit intrastate gaming.
There is an attempt in Congress to reverse this legal opinion. The effort is spearheaded by Sheldon Adelson, founder and CEO of Las Vegas Sands, the parent company of Venetian in Las Vegas. Adelson’s lobbyists submitted the Restoration of America’s Wire Act (RAWA). The bill failed in 2016 and does not appear to have much support in this Congress. Libertarian groups, states’ rights activists, governors, state lotteries, and most of the gaming industry have come out in opposition to RAWA.