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Jonas Odman Steps Down as President of Bodog

Looks to an alternative market for his Recreational Poker Model
Online poker industry veteran Jonas Odman is moving on after serving as president of the Bodog Poker Network (BPN).
In a press release Tuesday, Ödman hints at the prospect of bringing the Recreational Poker Model  he was instrumental in developing to the still unregulated California market.
California lawmakers are currently embroiled in yet another attempt to legalise online poker in the state, one of the more populous that presents a good opportunity for building player liquidity should online poker be legalised.
Ödman predicts that poker operators in smaller states that have already legalised will struggle but if they are allowed to offer other products that do not rely on player liquidity, e.g. online casinos, even operators in small states can be successful.
"The potential market size for online casinos is much bigger than for online poker rooms. Of the three states that have legalised (Delaware, New Jersey and Nevada) two - Delaware and New Jersey - will allow online casino games but Nevada will not," Ödman opines.
He goes on to surmise that Nevada, with a population of only 2.7 million, is instead hoping that they can persuade larger and more populous neighbour California to join their player liquidity.
"That would, of course, be a dream scenario for Nevada but I cannot see that happening," says Ödman . "There would be nothing in it for California, especially as they have well documented financial problems of their own to solve."
California has a population of 37 million people and has one of the largest economies in the world. If the state was to regulate online poker, it could create a California Gold Rush for the online poker industry, and that appears to be what is attracting Ödman.
He said he is "tempted to drive a start-up company, based in the Golden State, which will be a B2B software provider for the regulated US online poker market" and "inevitably I would love to bring the Recreational Poker Model to the US and may well decide to make a fundamental change in my career".
"If poker operators would do things right from the start and launch with a recreational poker model instead of trying to implement it later, California alone is potentially a billion dollar market," Odman observes.

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Gambling News :

Yggdrasil Gaming Expanding - The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.

FanDuel and DraftKings Settle With NY Attorney General - Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.

Stan james Now Live With EPOS - The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.

Singapore Online Gambling Ban Begins - Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.

Chinese police action against Crown Resorts Widens - In addition to the 18 Crown employees still held after their arrest last week, it now appears that the police questioned 87 Crown punters and junket organizers, detaining 10 of the latter.

Pennsylvania Online Gambling Updates - Pro-online gambling companies, including the Golden Nugget in New Jersey and Pokerstars, were quick to refute Schippers views based on their operational experience.

WSOPE In Czech Republic - World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.

Medialivecasino in Deal With Microgame - #Medialivecasino live dealer games have already gone live with Microgame joining content from other well-known providers NetEnt and Evolution Gaming.

BtoBet Partners with AfroBet - Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.

Pissed off Tabcorp shareholders - A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.

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