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Ultimate Poker Growing Fast

Tuesday May 7,2013 :  ULTIMATE POKER GROWING IN FIRST WEEK OF OPERATIONS IN NEVADA
 
Independent poker monitor reports that the first US online poker site is performing better than expected.
 
Following a week of excitement and mainstream media headlines, the first legalised online poker site to launch in the United States - Ultimate Poker - appears to be settling down and building good business.
 
The site, owned the Fertitta brothers of Station Casinos fame under their online gambling brand Ultimate Gaming, was given a 30-day permit to practically test the newly implemented online poker regulations in Nevada last week, and independent monitor Pokerscout reported on the first week of operations Monday.
 
Ultimate Poker has achieved full online licensing status from the Nevada regulators and was the first-to-market despite competition from many big land and online industry names.
 
Pokerscout concludes that the new site outperformed expectations, with traffic increasing every day, from 136 peak cash game players on launch day (last Tuesday) to 287 players on Sunday.
 
"The site dealt its 100,000th hand of poker on just its third day, and we estimate that well over 10,000 individual accounts have played for real money in the first week," Pokerscout reports.
 
Teething problems have included hassles with the registration process, including Verizon mobile phone customers being unable to register; difficulty downloading the software with Internet Explorer, and the lack of a mobile or Mac-friendly app. Ultimate is addressing these areas as a matter of urgency.
 
Poker offerings at Ultimate are divided into three different categories: Ring Games, Sit And Gos and Tournaments, and players can sort the available tables by stakes, table name, buy-in, number of players and more detailed information such as the average size of the pot, number of hands per hour and percentage of players who see the flop.
 
Managed by industry veterans Joe Versaci, Tobin Prior, Chris Derossi and Tom Breitling, the operation is powered by Cyberarts software, a long-established industry company that Ultimate acquired lock, stock and barrel in 2011.
 
“We feel our technology is a major advantage. Ultimate Poker’s proprietary software is completely owned and operated by parent company Ultimate Gaming, allowing for continuous investment and product development,” Ultimate chief exec Tobin Prior said recently.
 
Turning to the more general online poker sector over the past week, Pokerscout reports a welcome reversal - albeit a small one - of the declining traffic trend that has been evident over the past eight consecutive weeks.
 
Online poker traffic climbed 0.5 percent last week, with gainers outnumbered losers 6-4.
 
Overall, the market is down 18 percent from the same period in 2012.
 
Notable occurrences flagged by Pokerscout included Merge Gaming Network player counts tumbling after the network apparently split in two on May 1.
 
"Although network ring-fences are subject to change without notice, at the time of writing it appears that Carbon Poker and Aced are running on a completely separate network from PlayersOnly and Sportsbook," reports Pokerscout. "There is no overlap between the two segments in the cash game tables at any stakes.
 
"Carbon Poker and Aced appear to have kept at least two-thirds of the players. After the split, Carbon player counts dropped by not quite 20 percent. The decline may be purely a result of losing the other network segment from the player pool, although a simultaneous rake increase may also be impacting player counts."

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Gambling News :

Betsoft Gaming In Deal With SuprNation - Betsoft Gaming’s latest content supply partnership will see its Slots3 collection launched on VoodooDreams.com, SuprNation’s primarily Swedish and Nordic focused online gaming operation.

Ladbrokes New SPonsor of The Hennessy Gold Cup - The longest sponsorship deal in the history of British horse racing has come to an end with Ladbrokes becoming the new sponsor of the race formerly known as The Hennessy Gold Cup for the next five years, Racing Post reports.

Ladbrokes Appoints Annemarie Durbin - Durbin, a qualified lawyer with over two decades of international banking experience, will also take up membership of the Audit, Remuneration, Social Responsibility and Nomination Committees with effect from March 1, 2017.

Olympus Slot Pays $210k Jackpot to USA Player - “I love slots, been playing a long time. I go to Vegas once a year. In between I play online. It’s so convenient. I play mostly Hold the Riches, Pyramid Plunder, Dollar Storm or Olympus. I’ve also started playing keno more.”

Divine Fortune SLot Launches - NetEnt has launched a new local jackpot title “Divine Fortune”, a five-reel, 3-row, twenty-fixed line video slot themed on ancient Greece and a world of mythical creatures, legendary riches, and golden coins.

BetatHome profit guidance for the 2016 financial year - bet-at-home.com AG has lifted its profit guidance for the 2016 financial year following what it terms a “supremely positive business development in the fourth quarter”.

Aussie Millions $1,150 buy-in No-limit Hold’em Accumulator Results - In the latest Aussie Millions event - the A$1,150 buy-in No-limit Hold’em Accumulator, local poker pro Bridges Roe prevailed against a field of 721 to claim the main prize of A$160,725, despite starting the final day at the bottom of the chip counts.

2 Huge Wins at Bovada Casino - Paul D. from Boston, MA, scored really big, earning $808,529.80 playing the Food Fight progressive jackpot slot on the Bovada online casino on a wager of $11.25. Unfortunately Bovada's press release does not give any further details.

China Internet Clean Up Campaigns - The advisory revealed that the current drive will run through to the end of March 2018, and that online gambling and other inappropriate or unacceptable content must be blocked because:

AOPA to campaign for poker to be left alone - The threat that amendments to the federal Australian Interactive Gaming Act aimed at stopping in-play action could spill over into an online poker ban has motivated Aussie players to form an action group in support of the game.

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