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Tain to stay - Rumors Untrue

A persistent poker forum rumour that Playtech's iPoker network is to axe Tain websites soon has been strenuously denied by licensees and may have its genesis in a simple rule to bring rakeback activity under control.
 
Tain sites include Chili Poker, Cardoza Games, Carlos Poker, Poker Ducks and NoIQ Poker, reports PokerListings in examining the issue and quoting involved licensees this week. The rumour involved two propositions: one that NoIQ Poker was being expelled for rakeback violations and the other that Tain sites were being removed from the network for reasons that are not clear.
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A spokesman for NoIQ Poker clarified the position, writing that NoIQ was "fenced" [players allowed to play against each other but not with other players on the iPoker network] a year ago on rakeback and affiliate advertising conduct allegations, but this was for a period of one week only.
 
The second proposition - that Tain sites are to be removed - is also false but may be rooted in a new iPoker rule designed to obviate rakeback.
 
Alexandre Dreyfus, CEO and shareholder for Chili Poker, told PokerListings that the new rule targets rakeback affiliates and compels network member sites to show more money in than money out. If a website has a negative money in / money out ratio, it will be penalised.
 
The new policy will apparently be implemented from November 1st, and is generally regarded as necessary.
 
"The logical consequence is that [the rule change] is not a threat but an opportunity for us and for every room of iPoker. We want also to stress that we have never been suspended from iPoker and that we are 100 percent confident [that we will] work for several years with Tain, Playtech and iPoker," Chili Poker's Severin Rasset told 2+2 forum readers recently.
 
"As far as I am concerned, these new rules are a blessing, for the network, for Chili Poker and for every player that wants to play on the network iPoker. Lately it became really tough to have fun, not for the players of 2+2 with a skill above the average, but for the normal players that would like just to sit for one hour at one table and have fun without fighting against 9 ultra-tight players that are waiting for his first mistake," Rasset said.
 
"We will do our best to work with iPoker in order to keep our poker room as a good place for regular players but also for beginners."

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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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