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Pokerstars VIP Program Changes

Switch to a more fish-friendly weighted contribution system will take place on January 1st at Pokerstars
A more fish-friendly VIP reward program will be introduced at the online poker giant Pokerstars on January 1st, the company has announced at:

The 2012 VIP program will be switching to a weighted contribution system for the award of VIP Player Points (VPPs) in which players with lower VIP statuses will get more, and players with higher VIP status less.
Pokerstars says that the change is intended to make the distribution of VIP Club benefits more balanced and less biased toward serious grinders and SuperNova+ VIPs.
Advanced notice of the change, which has been scaled back somewhat from a tough original proposal that included a switch from incremental rake to true percentage rake, has generated some criticism that the new policy penalises loyal players and makes it harder to achieve SuperNova status.
Sit & Goes and Multi-Table Tournaments will not be affected by the change.
It is understood that Pokerstars wll shortly launch a “fast moving ring games product” that observers speculate will be the company's version of the popular Rush Poker concept pioneered by Full Tilt Poker.

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Gambling News :

Phil Ivey Loses Borgata Casino - Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.

NYX Gaming in deal with Endemol - "Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”

NEW CAMBODIAN GAMBLING LAWS - After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.

Congress To Review US SportsBetting Restrictions - Did the American Gaming Association’s campaign influence the decision to take another look at the 1992 Professional and Amateur Sports Protection Act?

Playtech Acquires ECM Systems - Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.

Marks and Spencer store Manager steals to Gamblie Online - The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.

Chinese Gambling crackdown could damage high roller revenue - Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.

EvenBet Open Face Chinese Poker - Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.

PartyPoker Millions tournament guarantee Now GBP 6 million - Online poker operator PartyPoker announced Thursday that it is to boost its PartyPoker Millions tournament guarantee by a million sterling to GBP 6 million, claiming it is now the biggest prize pool guarantee in European poker history.

2016 EPT Malta - The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.

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