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Pokerstars to buy a US National Football League team

Monday September 1,2014 :  POKERSTARS AND U.S. FOOTBALL - AN EXCITING CONCEPT
 
But one which was a step too far even for the online poker giant's management.
 
Imagine the possibilities....and consequences...of an attempt by online poker powerhouse Pokerstars to buy a US National Football League team.
 
Apart from setting the NFL's teeth on edge, such an initiative would definitely generate extensive media coverage even if halted, and that was the main objective when it was suggested in 2006 by the company's communications chief, Nolan Dalla, now a high profile industry blogger and personality.
 
Dalla has revisited the proposal on his blog, acknowledging that the proposal was a little too ambitious and audacious, even for the daring and creative ownership of Pokerstars, which was at that stage playing second fiddle to industry leader PartyPoker and looking to gain ascendancy.
 
The team Dalla had in mind was the New Orleans Saints, a franchise that owned an 80,000 seat stadium regularly filled with loyal fans, despite struggling to succeed on the field.
 
Tom Benson, the owner of the Saints, considered selling the franchise for around $600 million following the 2005 Hurricane Katrina debacle that devastated much of New Orleans and damaged the stadium, and Dalla saw this as an unprecedented opportunity to put Pokerstars on the map in its biggest market...North America.
 
Dalla accepted that the transaction would probably be stopped in its tracks by the ever-sensitive NFL, but that by that time the initiative would have generated extensive publicity worth up to $20 million in a key market.
 
He argued that even if the project gained approval, there were enormous PR advantages to be had in saving the franchise and earning the loyalty of millions of fans.
 
After careful consideration, it was decided not to pursue the proposal, and in the event Pokerstars rose to completely dominate the online poker market internationally in the years that followed.
 
PartyPoker reversed out of the US market when the UIGEA was signed in late 2006 after a stealthy late night passage through Congress attached to a "must pass" security bill, and Pokerstars flourished whilst its former top rival shrank.
 
The UIGEA came less than a year after Dalla's proposal, and was executed principally through political deals and Congressional maneuvering, so it is unlikely that even Pokerstars could have pre-empted its introduction.
 
Whether Pokerstars would have been able to overtake PartyPoker commercially if the UIGEA had not come about is a matter for conjecture, and is now of only academic interest, but the financial transaction banning bill certainly had a significant and damaging impact on the industry, and probably set the foundations for the 'Black Friday' federal enforcement actions five years later in April 2011.
 
That precipitated the exit from the United States of Pokerstars and other major online poker companies at great cost.
 
As is so often the case, future events would have vindicated a purchase of the Saints back in 2006; Dalla concludes his account of the project by revealing that three years after Benson mulled selling the franchise, the team made a spectacular comeback to win the Superbowl....and that $600 million asking price is currently dwarfed by the valuation of the franchise at around $1.5 billion!



Gambling News :

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.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

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.<

NY Rangers vs. Devils on 12/21 - When the Devils and Rangers hit the ice on Thursday (7 PM ET on MSG), so too will two of the league’s top netminders. After a slow start to the season, Henrik Lundqvist has returned to his form of old. Through 29 games, he’s posted a 2.59 goals against average, and a .920 save percentage.

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