Americas Cardroom to Launch 'Jackpot Poker' After Successful Million Dollar Sunday Tournament.
http://winsgame.com/acr
ACR San Jose, Costa Rica – April 13, 2015 – Americas Cardroom announced today that they will be launching a new three man hyper turbo Sit & Go game called 'Jackpot Poker' in which players can win up to 2,500 times their initial buy-in in just minutes. The new fast paced poker game will be available to play on April 14th, 2015 to all real money players on the US facing poker site.
Million Dollar Sundays
The launch of this new feature has been announced after last night's Million Dollar Sunday tournament that featured $1,000,000 in the prize pool. The US-friendly site saw 1,815 participants and player 'daryldee198888' took down the event for a $200,000 payday. The network has scheduled the next Million Dollar Sunday tournament for Sunday August 2nd, 2015 at 3:00pm ET.
“Jackpot Poker is a new and exciting way for our players to win big cash with a very little investment of time or money,” commented Americas Cardroom spokesperson Michael Harris. “This new game is ideal for our customers who are on the go.”
Jackpot Poker is a hyper turbo Sit & Go in which 3 players compete against each other. The average time that each one takes to play is just 7 minutes. The prize pool is determined randomly before the tournament starts and can be 2 to 2,500 times the initial buy-in. The game will have two separate buy-in amount choices of $2 (to win up to $5,000) and $10 (to win up to $25,000).
“Jackpot poker gets our players right into the action with the thrill of instantly hitting for big money that other forms of poker just can’t offer,” continued Harris.
In the months to come, Americas Cardroom will be offering an instant mobile downloadable application from which players can access Jackpot Poker and play from virtually anywhere. Players who play Jackpot Poker will also earn points towards the 'Sit & Crush' weekly progressive Sit & Go points race, where players can earn extra cash based upon the volume of games they play.
Jackpot Poker is just the latest in a string of promotions and game development over the past year from Americas Cardroom. They are the only US facing poker network to offer Jackpot Poker and a ‘Million Dollar Sunday’ $1,000,000 GTD tournament.
More information on Jackpot Poker and the Million Dollar Sunday can be found at AmericasCardroom.
About Americas Cardroom:
Americas Cardroom joined the Winning Poker Network in 2011. The Winning Poker Network has one of the longest and trusted online names in the industry and has been in existence since 2001. Americas Cardroom accepts players from most of the US market and the rest of the world. Rated first place for payment processing and cashout reliability repeatedly in 2012 and 2013, Americas Cardroom offers outstanding customer service and a friendly environment for all poker players around the world.
Monday, April 13, 2015
Monday, November 17, 2014
Ultimate Gaming Closes Nevada Online Poker Site
Ultimate Gaming Closes Nevada Online Poker Site
LAS VEGAS — Nov 14, 2014
By KIMBERLY PIERCEALL Associated Press
Ultimate Gaming's gamble on online poker in Nevada didn't pay off.
After shutting down its operations in New Jersey, the company announced Friday that it had closed its Ultimate Poker online business in Nevada, too, citing trouble making a profit as long as online gambling is limited to a pool of players in single states, so far just three nationwide.
http://winsgame.com/poker
The company, owned by Las Vegas-based neighborhood casino-hotel company Station Casinos LLC, was the first to launch a legal online poker site in Nevada in early 2013.
State regulators will be monitoring the closure to assure that all customers receive everything they're owed and the state gets its tax revenue, said A.G. Burnett, chairman of the Nevada Gaming Control Board.
The board approved the company's closure plan and will be working with officials on a close-of-business audit, he said.
The company didn't mention how many employees might be affected by the closure.
Ultimate Gaming chairman Tom Breitling said in a statement Friday that online poker revenue fell short of expectations. Operating the sites in just the three states where it's legal — Nevada, New Jersey and Delaware + made the business costly.
Players in one state can only go head-to-head with other players also physically in that same state.
"These factors have combined to make the path to profitability very difficult and uncertain," Breitling said in the statement.
David Schwartz, director of the University of Nevada, Las Vegas' Center for Gaming Research, said the closure was surprising considering the investment the company made to do business in Nevada. He said he didn't believe anyone who entered the marketplace expected that legal online poker would be limited to three states.
"I think the future has got to be a bigger market than Nevada," he said. "In the big picture, Americans have shown they like playing poker online."
A few unlicensed sites gained huge followings for years until what many professional players refer to as "Black Friday" in 2011 when the federal government shut them down and seized player accounts.
Players can still access unregulated poker sites based off-shore.
Schwartz says it still behooves companies like Ultimate Gaming and other to play by the rules, "because there's going to be consequences when they don't," he said
Ultimate Gaming was the first of three companies to offer legal online poker in Nevada starting in early 2013.
Real Gaming from South Point Casino and the World Series of Poker via Caesars Entertainment remain.
Ultimate Gaming shut down its operations in New Jersey in September after it ended its agreement with Trump Taj Mahal which filed for bankruptcy. It didn't operate in Delaware.
LAS VEGAS — Nov 14, 2014
By KIMBERLY PIERCEALL Associated Press
Ultimate Gaming's gamble on online poker in Nevada didn't pay off.
After shutting down its operations in New Jersey, the company announced Friday that it had closed its Ultimate Poker online business in Nevada, too, citing trouble making a profit as long as online gambling is limited to a pool of players in single states, so far just three nationwide.
http://winsgame.com/poker
The company, owned by Las Vegas-based neighborhood casino-hotel company Station Casinos LLC, was the first to launch a legal online poker site in Nevada in early 2013.
State regulators will be monitoring the closure to assure that all customers receive everything they're owed and the state gets its tax revenue, said A.G. Burnett, chairman of the Nevada Gaming Control Board.
The board approved the company's closure plan and will be working with officials on a close-of-business audit, he said.
The company didn't mention how many employees might be affected by the closure.
Ultimate Gaming chairman Tom Breitling said in a statement Friday that online poker revenue fell short of expectations. Operating the sites in just the three states where it's legal — Nevada, New Jersey and Delaware + made the business costly.
Players in one state can only go head-to-head with other players also physically in that same state.
"These factors have combined to make the path to profitability very difficult and uncertain," Breitling said in the statement.
David Schwartz, director of the University of Nevada, Las Vegas' Center for Gaming Research, said the closure was surprising considering the investment the company made to do business in Nevada. He said he didn't believe anyone who entered the marketplace expected that legal online poker would be limited to three states.
"I think the future has got to be a bigger market than Nevada," he said. "In the big picture, Americans have shown they like playing poker online."
A few unlicensed sites gained huge followings for years until what many professional players refer to as "Black Friday" in 2011 when the federal government shut them down and seized player accounts.
Players can still access unregulated poker sites based off-shore.
Schwartz says it still behooves companies like Ultimate Gaming and other to play by the rules, "because there's going to be consequences when they don't," he said
Ultimate Gaming was the first of three companies to offer legal online poker in Nevada starting in early 2013.
Real Gaming from South Point Casino and the World Series of Poker via Caesars Entertainment remain.
Ultimate Gaming shut down its operations in New Jersey in September after it ended its agreement with Trump Taj Mahal which filed for bankruptcy. It didn't operate in Delaware.
Monday, June 30, 2014
Amaya to Acquire PokerStars and Full Tilt for $4.9 Billion
Amaya to Acquire PokerStars and Full Tilt for $4.9 Billion
June 13, 2014
http://winsgame.com/poker
Amaya and PokerStars come to terms in the late hours on Thursday June 12, Amaya Gaming publicly announced that they would agree to terms to buy-out 100% of Oldford Group’s Rational Group, which includes PokerStars and Full Tilt Poker (including issued and outstanding shares) for $4.9 billion.
As part of the deal, PokerStars CEO Mark Scheinberg and Isai Scheinberg will no longer be associated with the company.
The structure of global poker as we know it will surely be altered thanks to this major acquisition.
Major Details about the Acquisition
Amaya will become world’s largest publicly traded online gaming company, according to the press release (Amaya + Oldford pro forma revenue of $1.3 billion combined in 2013)
Amaya and Rational will combine as complimentary businesses
Rational Group will keep all executive management pieces the same, but all shareholders (Rational and Oldford Groups) must relinquish all shares to Amaya
Reaction
Amaya CEO David Baazov, clearly excited about the aquistion, had kind words for Oldford Group CEO and Founder Mark Scheinberg: “[He] pioneered the online gaming industry, building a remarkable business and earning the trust of millions of poker players by delivering the industry’s best game experiences…”
Scheinberg responded to these comments by reminiscing on the success his company brought: “I am incredibly proud of the business… creating the world’s biggest poker company and a leader in the iGaming space.”
Scheinberg also expressed his best wishes to the company as well as saying that the company is in good hands with a CEO like Baazov at the helm.
Additionally, Executive Director of the Poker Player’s Alliance John Pappas called the acquisition encouraging news for American iGamer’s who have been eagerly anticipating the return of PokerStars to the US Market. He also believes the move will unite many parties of the industry together (tribes, casinos, card rooms, etc.).
New Jersey Online Poker
The impact of the move will surely create a wide-open opportunity for New Jersey Online Poker to make strides in the iGaming industry. Complications with DGE requirements in New Jersey hindered the growth for the Oldford Group’s PokerStars campaign to be at its best. With new ownership, the sky it the limit for PokerStars in New Jersey and rest of the U.S. markets as they open up.
More Info to Come
Amaya Gaming is soon to come out with more details as they finished a conference call early in the morning on June 13.
You can also monitor updates from NJPokerOnline, which will be providing breaking news and updates on these developments.
June 13, 2014
http://winsgame.com/poker
Amaya and PokerStars come to terms in the late hours on Thursday June 12, Amaya Gaming publicly announced that they would agree to terms to buy-out 100% of Oldford Group’s Rational Group, which includes PokerStars and Full Tilt Poker (including issued and outstanding shares) for $4.9 billion.
As part of the deal, PokerStars CEO Mark Scheinberg and Isai Scheinberg will no longer be associated with the company.
The structure of global poker as we know it will surely be altered thanks to this major acquisition.
Major Details about the Acquisition
Amaya will become world’s largest publicly traded online gaming company, according to the press release (Amaya + Oldford pro forma revenue of $1.3 billion combined in 2013)
Amaya and Rational will combine as complimentary businesses
Rational Group will keep all executive management pieces the same, but all shareholders (Rational and Oldford Groups) must relinquish all shares to Amaya
Reaction
Amaya CEO David Baazov, clearly excited about the aquistion, had kind words for Oldford Group CEO and Founder Mark Scheinberg: “[He] pioneered the online gaming industry, building a remarkable business and earning the trust of millions of poker players by delivering the industry’s best game experiences…”
Scheinberg responded to these comments by reminiscing on the success his company brought: “I am incredibly proud of the business… creating the world’s biggest poker company and a leader in the iGaming space.”
Scheinberg also expressed his best wishes to the company as well as saying that the company is in good hands with a CEO like Baazov at the helm.
Additionally, Executive Director of the Poker Player’s Alliance John Pappas called the acquisition encouraging news for American iGamer’s who have been eagerly anticipating the return of PokerStars to the US Market. He also believes the move will unite many parties of the industry together (tribes, casinos, card rooms, etc.).
New Jersey Online Poker
The impact of the move will surely create a wide-open opportunity for New Jersey Online Poker to make strides in the iGaming industry. Complications with DGE requirements in New Jersey hindered the growth for the Oldford Group’s PokerStars campaign to be at its best. With new ownership, the sky it the limit for PokerStars in New Jersey and rest of the U.S. markets as they open up.
More Info to Come
Amaya Gaming is soon to come out with more details as they finished a conference call early in the morning on June 13.
You can also monitor updates from NJPokerOnline, which will be providing breaking news and updates on these developments.
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