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Pokerstars Kicking Ass in New Jersey

Sunday, March 27, 2016 : NEW JERSEY FEELS THE IMPACT OF POKERSTARS RETURN (Update)
 
Rivals feel the pinch as online poker giant partially re-enters the US market.
 
The independent online monitor Pokerscout has given some insight into the immediate impact made by Pokerstars on its New Jersey debut last week, noting that preliminary numbers show that the industry giant boosted cash game traffic in the ring-fenced New Jersey market by around 20 percent...taking the average cash game numbers from 320 players up to 400 players.
 
Pokerscout notes that these numbers do not include Spin & Go or tournament traffic, which would clearly also have an impact.
 
Industry observers have for some weeks been speculating on how the Pokerstars debut would affect existing operators in the New Jersey market, and it appears that some of them were more or less on point in predicting that the online poker giant would recall past US players to its offering, and take others from rivals like 888Poker, WSOP.com, PartyPoker and Borgata.
 
The Pokerscout report indicates that 888Poker and WSOP.com bore the brunt of the losses with an approximately 20 percent hit to their cash game traffic, with PartyPoker and Borgata feeling the heat a little less with losses of around 17 percent.
 
For every action there is a reaction, and that is expected to come in the form of increased promotional and marketing activity from these operators as they fight to retain and grow their market share. Given Pokerstars' long history, it is not unreasonable to assume that the company will continue to strive for market dominance, and the resultant promotional activity could be good for players, boosting the action generally with attractive offers.
 
Much will depend on how many Garden State players have not yet been attracted to the market - in other words how much demand the market can realistically provide. Growth in New Jersey has been at times disappointingly slow but steady, and the arrival of Pokerstars could bring added pressure for further development.
 
It's early days still, but the industry will be following the New Jersey developments with interest as Pokerstars more firmly establishes itself.

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Gambling News :

HeyPoker Closing - The operator is licensed by the UK Gambling Commission and the Malta Gaming Authority, with the registering company listed as Evoke Gaming Ltd.

Can Jack Lam Make Things Right in Philippines - Lam will no doubt seriously consider the offer, having lost access to his Philippines businesses and with charges of attempted bribery and "economic sabotage" and an arrest warrant hanging over his head .

PPA Wants pre-emptive strike against RAWA - It's not just civic associations that are warning against the introduction of a federal ban on online gambling in a denial of states' rights . The Poker Players Alliance action group has begun mustering its over a million US members in a campaign as well.

UK Wants Fixed Odds Betting Terminals Changes - The group, titled FOBT All-Party Parliamentary Group plans to release its full report early in the new year, but for now has claimed that changes to FOBT regulations could help in reducing "associated crime" and problem gambling.

Sportech Wins 8 Year Old VAT case - An eight-year long, GBP 97 million VAT repayment claim dispute between Sportech PLC and HM Revenue and Customs (HMRC) has come to an end with the Supreme Court refusing HMRC permission to appeal a previous Court of Appeal ruling.

2017 MPN Poker Tour - Main Event packages, worth 1,500, are available online and players can qualify via any of the MPN participating card rooms through a variety of satellites, with buy-ins starting as low as 0.25. Each 1,500 package includes:

Realistic Games in deal with Kindred Group - The UK-based online gambling games developer Realistic Games has signed a deal to supply its games to online operator Kindred Group, parent company of quality brands that include Unibet, Stan James and Maria Casino.

Opposition to Anti Online Gambling Bill in Congress Lame Duck Session - Action groups appeal to House Appropriations Subcommittee to ensure that RAWA style language is not attached to unrelated spending bill.

DFS banning bill Introduced in Illinois - The legislative season in Illinois may be drawing to a close, but that hasn't stopped a new bid to ban daily fantasy sports from being assigned to the House Executive Committee; whether there is sufficient time to pass the bill is a matter for speculation.

Cambodia To More Closely Control Online Gambling - Cambodia, where online #gambling is operated by licensed land casinos alone, and Cambodian punters are banned from participating, is to tighten monitoring, control and management of the activity by setting up a centralized server, a Ministry of the Economy official revealed this week in a media interview.

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