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Pokerstars Thriving in New Jersey
Tuesday, April 5, 2016 : POKERSTARS THRIVES IN NEW JERSEY (Update)
Second week of operations delivers good results for online poker giant.
Cash game traffic numbers from New Jersey show that the second week of Pokerstars operations in the Garden State has again yielding encouraging results, with the online poker giant maintaining its lead in the dedicated market and averaging 160 ring game players a day according to statistics from the Pokerscout independent online poker monitor.
Over the past week Pokerstars has extended its lead over its closest rivals, with the 888Poker-WSOP alliance in second place with 140 cash game layers per 24 hours, and PartyPoker-Borgata in third place with a 95 player daily average.
It appears that Pokerstars has poached players as well as acquiring new punters; a month ago (before the Pokerstars debut) 888-WSOP was at 190 players and Party-Borgata at 140, indicating that both have lost a significant percentage of players.
Pokerstars reports that overall it appears that Pokerstars has boosted the New Jersey online market by an estimated 20 percent so far...New Jersey's online poker sites combined now average 395 players, compared with the 330 recorded at the end of February.
In related news. Pokerscout reports that globally online poker sites in general experienced a drop in traffic (seven of the top ten sites had less cash game traffic than the preceding week, one was flat and two - MPN and iPoker - showed improvements).
Pokerstars remained the international top dog by a country mile with 17,000 players despite its announced rake hike, with 888Poker second on 2,300 players and iPoker third on 1,400.
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Gambling News :
888poker in deal with Flow Esports -
A statement from 888 said it was only a matter of time before the company joined forces with Flow Esports, which is headed by Daniel Märkisch and includes Hearthstone professionals Tobias Graap, Vetle Stubberud and Johannes Steindl.
Colorado Racing Commission Approves Mile High DFS -
Mile High Racing and Entertainment (MHRE) announced Tuesday that the Colorado Racing Commission has approved its daily fantasy sports activity allowing MHRE to offer fantasy sports contests in nine Colorado locations.
Unibet Name Changed to Kindred Group plc -
Following an extraordinary general meeting at which shareholders approved the change of the Unibet title and brand to Kindred Group plc, the online gambling group will begin trading under the new name on December 12.
Kenya Betting Control Board Reviewing Changes -
Kenya's booming sports betting sector could be facing stiffer government controls, especially regarding marketing, advertising and promotions, according to local media reports revealing that parliament is studying potential amendments to the Betting, Lotteries & Gaming Act.
Britan To Tighten SpreadBetting Controls -
The UK media reported widely Tuesday that Britain's Financial Conduct Authority has announced a crackdown on spread betting using contracts for difference (CFDs) following FCA research that showed 82 percent of clients had lost money in the sector.
Playtech to Buy Back 50 Milliuon in Shares -
#playtech In a statement, the company said that the decision reflects continued confidence in the growth and prospects of the business and its high cash generation, and revealed that it continues to trade in-line with expectations.
Sentencing in Vietnam Gambling Bust -
The People’s Court in HCM City handed down sentences Monday to dozens of defendants linked to a major online sports betting ring dismantled last year by Vietnamese police.
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