Blog posts January 2018
Tommy Angelo Presents: Zero Sum Minus Some
A core group of five of us started playing poker together in high school and we didn't stop until their babies started. We played at my place because among us, I had the best stereo, the best album collection, and the only official octagonal brown-vinyl-topped poker table with the wooden pe…
New West Virginia Sports Betting Bill Surfaces With Support Of State Lottery; Allows For Mobile Wagering by Dustin Gouker
A sports betting bill that has the backing of the West Virginia Lottery Commission surfaced in the Senate on Monday, the latest indication that the state may be the next to enact a law permitting single-game wagering. CONTINUE READING
IT LOOKS LIKE THERE’LL BE AT LEAST ONE NEW NJ ONLINE CASINO LAUNCH IN 2018 by Robert DellaFave
A new site is poised to enter the saturated, but still viable, NJ online casino market in the first half of this year. In a recent year-end financials report, Internet gaming supplier GAN announced that it "signed a multi-year agreement with AC Ocean Walk LLC" to provide real-money gaming i…
How to Get Your First $1000 Dollar Bankroll in Poker by Nathan Williams
For many people playing the micros stakes online getting to their first $1000 bankroll is a major target and milestone. And the reason why it is so important is because it allows you to start playing in the games where you can finally start making some significant money both at the tables a…
POKERSTARS NJ NAILS IT: WINTER SERIES 2018 IMPROVES UPON LAST YEAR’S PERFORMANCE by Ryan Ocello of NJOnlineGambling.com
Once again PokerStars NJ has wrapped up its Winter Series, and like last year's inaugural event, it was quite successful. This makes two out of two years that this series has been executed to near-perfect precision, proving itself to be one of the few highlights of late in the downtrodden N…
Will Americans Be Able To Bet On The Super Bowl Legally Next Time Around? by Dustin Gouker
Super Bowl LII between the Philadelphia Eagles and the New England Patriots could be the last one where betting on it is illegal in 49 states. While Nevada remains the only state where you can legally put a wager on the outcome of the NFL's biggest game, that may change in a big way in 2018…
PENNSYLVANIA IS ALREADY WINNING BIG FROM EXPANDED GAMBLING, BEFORE A SINGLE WAGER HAS BEEN PLACED by Adam Small
As recently as October, the state of Pennsylvania was looking at a harrowing budget deficit for the 2017-2018 fiscal year, with no clear solution. By Halloween the state had passed its $32 billion dollar budget, including $200 million in expected revenues from the newly expanded gambling in…
How to Deal With Somebody Who Keeps Getting Lucky Against You at the Poker Table by Nathan Williams
We all have that nemesis at the poker table who seems to get lucky against us every time. Sometimes it can be a regular good player. But most of the time it is a recreational player.
And the reason why is because these are the types of players who are known to play all sorts of hands and chase ever…
CNBC's Jim Cramer Flashes Macau Buy Sign -- Time To Run? by Forbes Magazine writer Muhammad Cohen
CNBC pundit Jim Cramer has put the buy sign on Macau, specifically U.S. traded Wynn Resorts and MGM Resort International. "I believe that Macau can keep rebounding courtesy of this phenomenal global economic expansion, which means that Wynn Resorts might have room to run - and I'd always pi…
AC REVENUE SEES SLIGHT UPTICK, BUT FATE OF INDUSTRY MAY HINGE ON 2018 DECISIONS from NJOnlineGambling.com
Atlantic City land-based casino revenue has experienced its first year of growth in more than a decade, according to official numbers released Friday by the New Jersey Division of Gaming Enforcement (NJDGE). New Jersey brick & mortar casino businesses generated $2.413B in 2017 revenue compa…
GO WEST YOUNG MAN: THE PARX POKER ROOM FINDS A NEW HOME ON THE MAIN CASINO FLOOR by Ryan Ocello
Parx Casino in Philadelphia is celebrating the New Year with the completion of planned expansions to its facilities, focused mostly on finally opening its anticipated Xcite Center, a new state-of-the-art concert space and event venue. Of bigger interest to gamblers, however, is the migratio…
Impact of a 1% Tax on Sports Betting by I Nelson Rose
The U.S. Supreme Court appears to be about to rule that the federal law that prevents states from legalizing sports betting, the Professional and Amateur Sports Protection Act ("PASPA"), is unconstitutional. There are at least a dozen states that appear ready to enact new laws to introduce …
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New Owner Of AC’s Ocean Resort Casino — The Former Revel — Wants ‘Best In Market’ Sportsbook by Eric Ramsey
Atlantic City's newest casino owner says he wants his property to be the "best in market" for sports betting. Colorado developer Bruce Deifik purchased the former Revel/TEN resort last Thursday for $200 million. He plans to invest another $175 million on improvements, including a state-of-t…
If You Still Think Online Gambling Is Cannibalizing Land-Based Casinos, You Haven’t Paid Attention To Nevada by Dustin Gouker
The idea that online gambling just takes away from land-based gambling is still an argument that we hear commonly in the gaming space. And it's sure to be an argument trotted out as various jurisdictions consider legalizing online wagering in 2018 and beyond. But it's a line of reasoning th…
LIVE HOLD’EM (THE CASINO VARIETY) IS NOW AVAILABLE AT GOLDEN NUGGET CASINO IN NJ by Robert DellaFave
It's been a long time coming, but Golden Nugget Casino has finally pulled the trigger on a new Live Dealer game: Casino Hold'em. Since becoming the first online casino in NJ to launch the Live Dealer format in August 2016, Golden Nugget has regularly expanded the hours of operation and num…
POKER PLAYERS WEIGH IN ON HOW LEGAL ONLINE POKER WILL AFFECT THEIR LIVES by Adam Small
Pennsylvania's first legal online poker sites are coming soon. As the launch gets closer, pros and recreational players alike are weighing the effect this will have on their lives and planning the adjustments they'll be making. In the case of the three poker regulars I interviewed for this …
Asia's Casinos In 2017: Macau's Winning Streak Goes On While The Philippines Weather Tragedy by Muhammad Cohen
Happy new year. At the start of last year, I made several predictions about the gaming business in Asia. Now it's time to review how well my crystal ball worked. (When I've got it tuned, I'll bring it to a baccarat table.) CONTINUE READING
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