Major Investment Bank Downgrades Major Online Gaming Stocks

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A major investment bank has taken the surprising step of downgrading the “price targets” – or the future price of a stock – for several of the top performing online gaming and poker sites. The reason? The improvements in technology have become so good that it allows for artificial intelligence – or “bots” – to… Read more »

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PokerStars Caribbean Adventure is No More

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Yesterday The Stars Group, the ownership behind the monolithic PokerStars in the online poker world, announced some of the changes in their 2020 PokerStars Players’ Championship (PSPC) that will come up next August in Barcelona. Buried in the depths of that interview, PokerStars has announced that, after a 15-year run, that the PokerStars Caribbean Adventure… Read more »

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2019 WPT Legends of Poker Final Table Set

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Three days down, one to go. The six-handed final table has been set at the 2019 World Poker Tour (WPT) Legends of Poker Main Event. The chip leader going into Wednesday is Gueorgui Gantchev with 5.560 million chips. As we discussed yesterday, the top of the leaderboard was jam-packed going into Tuesday’s action. Two players… Read more »

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Phil Ivey’s 2019 WSOP Winnings Garnished by the Borgata

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In just the latest salvo in the ongoing war between poker professional Phil Ivey and the Atlantic City casino the Borgata, Ivey’s winnings at the 2019 World Series of Poker have been garnished and are in the hands of federal authorities. By taking this action, the state of Nevada and its businesses are officially endorsing… Read more »

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Early Reports in On Pennsylvania Online Gaming, New Jersey’s Industry Storms Forward

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No matter what your position regarding online gaming and poker, there’s only one thing that matters to politicians who have passed regulations regarding the industry – how much money are the online sites bringing in? There are early reports in on the burgeoning Pennsylvania online gaming scene – albeit sans online poker – as the… Read more »

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PokerStars Cuts Cash Game Multi-Table Cap to Four

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PokerStars stunned the poker world on Tuesday when it announced that it is capping the number of simultaneous cash game tables at which one can play at just four. This number, down from 24, applies to “regular” cash game tables. Zoom Poker games and tournaments are unaffected. PokerStars liked what it saw in tests The… Read more »

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DOJ to Appeal Wire Act Lawsuit Defeat

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We all hoped they would just go away. Just stop. But we knew they would be back. On Friday, the Department of Justice filed a Notice of Appeal of the US District Court for the District of New Hampshire’s Wire Act ruling from June. In that ruling, US District Judge Paul J. Barbadoro said that… Read more »

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Competitors Feeling the Heat from Encore Boston Harbor

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The Encore Boston Harbor casino opened less than two months ago, but its impact is already being felt in the region. And that impact is not always a positive one. According to reports, both regional casino competitors and local restaurants have experienced struggles since the Wynn Resorts property cut the ribbon. Ripples felt an hour… Read more »

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PokerStars Launches All-in Cash Out at Real Money Tables

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All-In Cash Out only for micro-stakes A few weeks ago, PokerStars began testing a new All-in Cash Out feature on its play-money .NET client. Apparently, that testing went well, because the poker room announced on Monday that the feature is now live on the real-money, .COM client. It is only an option at the micro-stakes… Read more »

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