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
- 13 Feb, 2017
The third annual $300,000 buy-in Poker Central Super High Roller Bowl is returning to Aria Resort & Casino in Las Vegas in May.
- 09 Feb, 2017
The 2017 schedule for PokerStars Festival and Championship events is starting to take shape after PokerStars added five new stops.
- 08 Feb, 2017
PokerStars and PartyPoker appear to be on a tournament poker collision course, as both companies will be testing diametrically opposed models.
- 08 Feb, 2017
Identical online poker bills have been introduced in the New York State Assembly and Senate. This is a good sign for this year's online poker efforts.
- 03 Feb, 2017
PA is wasting little time pushing ahead with online gambling legislation this session, which makes sense given the economic opportunity iGaming presents.
- 02 Feb, 2017
Tioga Downs Casino opened in December. Rivers Schenectady Casino will open next week. This week del Lago Casino opened its doors.
- 02 Feb, 2017
A poor January ended on a high note for NJ online poker, thanks primarily to a big week from market share leading PokerStars.
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.