Ultimate Poker Shuts Down Nevada On-line Poker Site for Good

Danielle ‘dmoongirl’ Andersen ended up being one of the few remaining Ultimate Poker pros still extant before the web site announced it shut down in Nevada.

Ultimate Poker has shut straight down its Nevada online poker web site, closing a run that is 19-month becoming initial regulated Internet poker web site in the usa. The company has now also become the first to finish operations in Nevada, leaving simply two other poker providers mixed up in state.

The Ultimate Poker closure will, at least for the present time, leave Ultimate Gaming with no active Internet video gaming operations in the United States. Two months ago, the company also pulled out of the New Jersey market, citing the contractual dilemmas it was having using the Trump Taj Mahal.

Revenues Didn’t Live Up to Expectations

‘on the web poker revenues in Nevada have fallen far short of original projections,’ stated Ultimate Gaming Chairman Tom Breitling. ‘Moreover, the state-by-state approach to online slotsforfun-ca.com video gaming has created an exceptionally cost-prohibitive and operating environment that is challenging. These factors have actually combined to help make the course to profitability really difficult and uncertain. Consequently, we have decided to cease operations.’

Ultimate Poker suffered from what many saw as inferior pc software and deficiencies in brand recognition. But the site had hoped to make up for this in Nevada by beating the competition towa Continue reading “Ultimate Poker Shuts Down Nevada On-line Poker Site for Good”

PokerStars Logs Out of Gray Markets in Africa and Middle East

PokerStars has withdrawn from a bunch of gray market countries in the centre East and Africa. (Image: gulf2000columbia.edu)

PokerStars has ceased operations in a number of so-called market that is gray suddenly and without warning this week, with all the majority of the being in Africa and the center East. Players from both PokerStars and Comprehensive Tilt received notice through their clients and via email that real-money play was no longer available to them with immediate impact, along with the following explanation:

‘Our management group regularly reviews our procedure along side separate 3rd party professionals to evaluate the business risk and opportunities for the brand on a market-by-market basis. After our many review that is recent it had been determined that we might no longer offer real money games in your country.’

PokerStars was quick to reassure players that their balances would be safeguarded and available for withdrawal and that their accounts would remain open for play-money games. Tournament tickets, said the message, would be refunded.

‘If you have any unused T$, T€ and/or Tournament Tickets in your account, they are going to automatically be converted into their equivalent cash value upon entering the Cashier,’ read the declaration. ‘Freeroll and FPP buy-in tickets have no money that is real value, and are also therefore ineligible for credit.’

Why Now?

While no list that is definitive of n Continue reading “PokerStars Logs Out of Gray Markets in Africa and Middle East”

Tokyo 2020 Olympics Unlikely to See Brand New Casino Projects

A Tokyo casino built in time for the 2020 Olympics may no much longer be a practical goal for the city.

The Tokyo 2020 Olympics have required the same step-by-step preparation and foresight as just about any Olympic Games, however it now looks like the chance of a casino being built in time is not going to happen.

A Tokyo casino, once viewed as the crown jewel in plans to produce a resort in Japan, now appears unlikely to start in time for the 2020 Olympics. Utilizing the Tokyo city government pushing casino development on the backburner, plus the high cost of creating in the city, the plan to have a resort ready to go there with time to make use of the visitors arriving for the Summer Olympics in 2020 is starting to look like a long shot.

Casino development still has help in the parliament that is japanese and supporters hope that the bill to allow for resorts are passed either later this year or in 2015. But that help is softer at the level that is local Tokyo, and thus developers may have no choice but to focus on Osaka or other locations instead.

Support from Governor Tepid at Most Readily Useful

While Tokyo governor Yoichi Masuzoe hasn’t reversed the trend of recent governors who were in benefit of the casino for the populous city, his support has been far more tepid. He’s said that securing a casino is not a part that is major of agenda, and has concentrated more resources on get yourself ready for the 2 Continue reading “Tokyo 2020 Olympics Unlikely to See Brand New Casino Projects”