July 26 2012, Brett Collson
It was a busy day in the world of poker. A Black Friday defendant received a prison sentence, and Nevada issued another online gaming license ahead of legalized online poker in the state. We’ll cover those stories and more in this edition of the Nightly Turbo.
In Case You Missed It
Day 1c of the 2012 PokerStars.net Australia New Zealand Poker Tour Queenstown Snowfest Main Event played out on Thursday. Get all the details in our daily ANZPT recap.
Black Friday payment processor Ira Rubin has been sentenced to three years in prison and ordered to forfeit $5 million. Read the latest on the story here at PokerNews.com.
Once again, Jason Mercier occupied the top spot in the Global Poker Index. But is his lead safe for one more week? Mickey Doft breaks down the biggest movers and shakers of the GPI.
Are you planning a trip to Merit Crystal Cove for the upcoming World Poker Tour Cyprus Main Event? Lynn Gilmartin tells you everything you need to know about the all-inclusive resort in the latest PokerNews Jet Set.
Marcel Luske has joined forces with Pierre Neuville to launch a new board game for poker players. Chad Holloway caught up with Luske to find out about the game called PokerChamp.
Shuffle Master Receives Online Gaming License in Nevada
On Thursday, gaming supplier Shuffle Master received a license from the Nevada Gaming Commission to be a manufacturer and provider of interactive gaming systems in Nevada.
Shuffle Master becomes the third company to receive an interactive gaming license in the state. Slot machine suppliers IGT and Bally Technologies were granted licenses last month. More than 30 other companies, including casino giants Caesars and MGM, have submitted similar applications with the state Control Board.
As a business-to-business provider, Shuffle Master will offer online poker and other interactive games to Nevada casinos looking to compete in the market. The next step for the company is to have its technology tested by the board and the state before it is given authorization to provide real-money games.
Irish online bookmaker Paddy Power also met with the state Gaming Commission on Thursday and received a “preliminary finding of suitability.” Paddy Power doesn’t have any current gaming interests in Nevada, but the company has two years to explore opportunities in the state.
The Las Vegas Review-Journal has more.
Lessons From a Poker Brat
Now that he’s earned his record-setting 12th World Series of Poker bracelet, Phil Hellmuth is focusing his efforts on charity work. (Well, and the London Olympics).
Through Charitybuzz.com, Hellmuth is auctioning off a two-hour poker lesson and dinner with him in Las Vegas, plus a two-night stay at the brand new Aria Sky Suites. All proceeds will benefit Peace Through Sports, an organization that brings children of different nationalities and races together while they play side-by-side in sports.
The highest bid for the package as of Thursday was $16,000. The auction ends Tuesday, July 31 at 15:00 ET.
Hellmuth is also gearing up for his annual Hellmuth’s Hold’em with Agrace HospiceCare, a charity tournament held in his hometown of Madison, Wisconsin. Last year’s event raised $110,000 and attracted poker pros Annette Obrestad, Anthony “D1rtyR1v3r” Nardi and Mark “P0ker H0″ Kroon. Gavin Smith, Jerry Yang, and many others are confirmed for this year’s event on Aug. 18 at the Alliant Energy Center in Madison.
For more on Hellmuth’s auction, visit Charitybuzz.com. Information about Hellmuth’s Hold’em with Agrace HospiceCare tournament can be found at agracehospicecare.org.
Zynga Confirms Real-Money Ambitions
Social gaming behemoth Zynga is planning to launch real-money gaming in the first half of 2013, CEO Mark Pincus said during the company’s quarterly earnings conference call on Tuesday.
Pincus has said publicly for months that real-money gaming would be a “natural fit” for Zynga but it wasn’t until this week that he announced a prospective launch date. Zynga’s revenue plummeted in the second quarter of 2012, mostly due to a significant drop in customer purchases, and online gambling – including poker – could give a boost to the company’s earnings.
“What we’ve said, and what we have to announce today, is that we have our first products in development and that we intend to release them in markets that are regulated and open, subject to our getting licensing,” Pincus said on Tuesday.
Earlier this week, eGaming Review reported that a number have companies have shown interest in working with Zynga to provide real-money gambling. Zynga is also reportedly the frontrunner to acquire the Ongame Network from bwin.party, a move that would bolster Zynga’s real-money poker platform.
Pincus said that the real-money gaming launch would initially occur outside of the U.S. where laws permit gambling on the internet.
Venture Beat has more.
Changes at the AGCC
In the wake of the debacle at Full Tilt Poker, the Alderney Gambling Control Commission (AGCC) has announced a number of amendments to its Alderney eGambling Regulations of 2009.
The most notable change made by the regulatory body involved the segregation of player funds. Beginning next year, all operators licensed by the AGCC will be forced to hold all customer deposits in a segregated account that is separate from the business’ operating or current account. Licensees will also be required to submit monthly reports to the AGCC detailing the total amount of funds held on behalf of customers and the balance of all bank accounts where the funds are being held.
While licensed with the AGCC, Full Tilt Poker continuously reported funds that were not available because of several problems with payment processors. Full Tilt was fusing player deposits with its marketing and operating funds, all while lining the pockets of board members Howard Lederer, Chris Ferguson and Ray Bitar. Full Tilt Poker still owes customers an estimated $330 million.
Read the full AGCC amendment document at gamblingcontrol.org.
Party In Queenstown Video
Poker is serious business on the Australia New Zealand Poker Tour. That is, until the PokerStars player party kicks off. Nicki Pickering hit the bar to scope out the scene.
Follow PokerNews on Twitter for up-to-the-minute news.
Follow Brett Collson on
No comments yet. Be the first to post one!
July 20 2012, Brett Collson
If you’re looking for Friday’s top poker stories to get your weekend started off right, then you’ve come to the right place. In this edition of the Nightly Turbo, we’re covering the South Point Casino’s big plans in Nevada, the latest winners from PokerStars’ MicroMillions II, and more.
In Case You Missed It
How was the high-stakes action at the PokerStars tables this week? Read the Online Railbird Report to find out the week’s biggest winners and losers.
The Race Is On
The South Point Casino is poised to launch the first licensed real-money online poker site in the United States.
The casino, which created a free-to-play site last October, is set to meet with the Gaming Control Board next month to discuss recommendation for an operating license in Nevada. If approved, South Point will seek final license approval from the Nevada Gaming Commission.
South Point owner and CEO Michael Gaughan told eGaming Review that a real-money online poker site would be ready to launch as early as September. Gaughan says his gaming platform has already been approved by an independent testing laboratory, meaning it can go live as soon as it is licensed to do so.
“We’re finishing up our second wave of testing and so far no problems,” Gaughan told eGamng Review. “I may not be the biggest or the best but hopefully I’ll have a head start by two or three months.”
Last month, slot machine suppliers IGT and Bally Technologies became the first companies to receive licenses to act as service providers for Internet poker operators. However, it could take up to six months for their technology to be tested by the board and the state. The providers also need to wait on partnering casinos to receive license approval from the NGC.
Read more about South Point Poker at eGR North America.
Small Buy-ins, Huge Prizes
We’re nearing the finish line of the PokerStars MicroMillions II tournament series. Through Thursday, more than 875,000 entrants participated in the first 72 events, with more than $4 million handed out over eight days.
Only 28 events remained going into Friday, which means Team PokerStars Pro Andre Coimbra is nearing the completion of his challenge. Coimbra played in all 72 events through Thursday, cashing in 16 of them for $318.68 – all while sleeping for about four hours per day. Coimbra has been updating his progress in a daily video diary:
Here’s a look at Thursday’s MicroMillions II winners.
| 1 | Zynga Poker | 120,400 |
| 2 | PokerStars | 24,800 |
| 3 | PartyPoker | 2,500 |
| 4 | 888Poker | 1,100 |
| 5 | Merge Gaming Network | 320 |
| 6 | ClubWPT | 300 |
| 7 | Ongame Network | 270 |
| 8 | iPoker Network | 140 |
| 9 | Microgaming Network | 67 |
Check out the latest traffic rankings at PokerScout.com.
PokerStars Macau Expands
PokerStars has announced two new events to be included in 2012 Asia Player of the Year season. The Macau Poker Cup Championship will take place from September 7 through 16, and the inaugural APPT: Asia Championship of Poker is scheduled for Oct. 26 through Nov. 11. Both events will take place at the Grand Waldo Entertainment Complex.
The Macau Poker Cup Championship is the annual finale for Asia’s premier poker series and will feature a HKD $20,000 buy-in Main Event that has a HKD $4.5 million guarantee. Meanwhile, the much anticipated APPT: Asia Championship of Poker (ACOP) will feature a HKD $100,000 buy-in Main Event with a massive HKD $10,000,000 guarantee. The 17-day poker festival will have 18 official Asia Player of the Year events, including a HKD $25,000 buy-in ACOP Warm-up (HKD $5,000,000 guarantee) and a HKD $250,000 buy-in High Roller event.
“ACOP is the next evolution of tournaments in Asia,” said Danny McDonagh, director of live operations for Asia-Pacific. “This is an exciting step towards reaching the success of major international tournaments like the PCA, EPT, and WSOP.”
Here’s a look at the remaining PokerStars Macau schedule for 2012:
