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Churchill Downs Preparing for California Online Poker
Saturday May 23,2015 : CHURCHILL DOWNS PREPARES FOR CALIFORNIA ONLINE POKER ACTION
Racing company teams with Oceans 11 cardroom.
Several media reports, quoting informed sources, report that racetrack company Churchill Downs will soon announce a partnership deal with Californian cardroom Oceans 11, and possibly the Crystal land casino, as part of its preparations to compete in a legalised and regulated online poker market that could emerge in California.
For the seventh year running Californian lawmakers are once again negotiating the obstacle-strewn, tricky business of getting a slew of self-interested parties on the same page in order to legalise online poker in the state
A Churchill deal with an as yet unknown but presumably influential cardroom would be a powerful competitor, given Churchill's financial resources and its considerable experience in online wagering through subsidiary Twin Spires.com.
It would certainly attract the attention of some of the Indian tribal interests in the state intent on keeping the racetracks out of any legalised online poker regime, and of powerful alliances like the Pokerstars-Tribal- Cardroom coalition and the Bwin-Auburn partnership, both keen on entering a potentially $300 million a year market.
In related news, Churchill Downs has launched litigation in its home state of Kentucky against the Daily Racing Form over bets on events at CDI tracks which the newspaper's online betting website DRF Bets allegedly accepted.
The Courier-Journal newspaper reports that Churchill claims the activity contravenes the Interstate Horseracing Act, a federal law which obligates operators to obtain the permission of racetracks before accepting off-track betting.
Churchill Downs is seeking damages and a cease and desist order against DRF, which uses Xpressbet.com, a rival of Churchill Downs online wagering subsidiary, Twin Spires.com.
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
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