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CAN FAST POKER BE PATENTED?

10/09/2012 :  CAN FAST POKER BE PATENTED?
 
Pokerstars reportedly reviewing its rights following Full Tilt Poker acquisition
 
Online poker operators offering fast-fold poker variants, widely acknowledged to have been initially launched by Full Tilt Poker with its Rush Poker product, will be watching industry leader Pokerstars carefully this week following the news that the company is reviewing the patentability of the concept after acquiring FTP.
 
Fast-fold or speed poker, in which a player is switched to another table after folding a hand, has become an immensely popular feature on many online poker networks, with some sources suggesting that it accounts for more than one in four online cash game poker hands.
 
Over the weekend Pokerstars legal chief Paul Telford told the online poker information site Pokerfuse that both Rush Poker and its equivalent Pokerstars offering Zoom Poker are being reviewed to ensure a broader protection of the concept.
 
In a statement to Pokerfuse, Telford said:
 
"We are doing a full review of our Rush patent applications and will cross reference these with our existing Zoom patent applications to ensure we have broad protection in the area of fast fold poker.
 
"If necessary, we will use these patents to protect the inventive elements of the Rush and Zoom products and are working closely with our legal advisers to develop a coordinated patent enforcement strategy."
 
Companies offering fast-fold variants include Relax Gaming's Fast Poker, Instadeal, Microgaming's Blaze Poker, Party Poker with its FastForward product and Playtech's iPoker with its Speed Hold'em.
 
Achieving patent protection clearly has significant commercial value for Pokerstars and its Full Tilt brand, and could be worth hundreds of millions of dollars.
 
Opposition to any patent may be stiff; Pokerfuse quotes one online poker exec as saying that such a patent would be unenforceable; a fact that Pokerstars lawyers must have considered before the launch of Zoom, which was executed before the acquisition of Full Tilt Poker and its alleged patent rights to the idea.

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Gambling News :

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES - Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.

New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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