Ultimate Poker Shuts Down Nevada Internet Poker Site for Good

Ultimate Poker Shuts Down Nevada Internet Poker Site for Good

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

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

The Ultimate Poker closure will, at the very least for the time being, leave Ultimate Gaming with no Internet that is active gaming in the United States. 8 weeks ago, the company also pulled from the New Jersey market, citing quick hits slot machine games the contractual issues it had been having aided by the Trump Taj Mahal.

Revenues Didn’t Live As Much As Objectives

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

Ultimate Poker suffered from just what many saw as inferior computer software and deficiencies in brand recognition. Nevertheless the site had hoped to replace this in Nevada by bea Continue reading “Ultimate Poker Shuts Down Nevada Internet Poker Site for Good”

Phil Ivey Eyes Health Marijuana Biz for Newest Joint Venture

Phil Ivey Eyes Health Marijuana Biz for Newest Joint Venture

Poker superstar Phil Ivey has received approval that is preliminary A las vegas medical marijuana dispensary license in Nevada.

Phil Ivey isn’t smoking one thing, but his future clients may be: Ivey received one of 26 initial license approvals for a medical cannabis dispensary from the vegas City Council previously this week, potentially making the poker superstar one of the primary operators in the city to offer pot to consumers.

You will find even more steps necessary before Ivey gets approval that is final start such a business, but his approval does suggest that the town found him qualified to go on in the licensing process.

This week to plead their cases for medical marijuana licenses about 50 potential operators went before the City Council. Those that got preliminary approval from the town will now have to also be approved by the state health division.

The City Council will eventually hold a suitability that is final for anyone approved by the state before awarding a restricted number of licenses which have been set aside for Las Vegas.

Which means that Ivey still has a long way to go before finding a final go-ahead to dispense medical marijuana in Sin City. But if he makes their way through the various licensing stages, Ivey might end up slinging weed just as prolifically as he makes pot-sized bets at the poker table.

Council Separate on Licensing Process

There has been a lot of controversy over the way in Continue reading “Phil Ivey Eyes Health Marijuana Biz for Newest Joint Venture”

All Around the EU, a License to contract. Bustling EU: brand New licenses awarded in the united kingdom

 All Around the EU, a License to contract. Bustling EU: brand New licenses awarded in the united kingdom and new opportunities in Spain were among many changes to the gambling that is online in the European Union of late.

The EU, AKA the European Union, is having something of a licensing and regulatory frenzy of late.

The gambling that is european has been busy with a flurry of announcements regarding licenses, profits and new legislation, many making headlines across the continent. From the UK to Romania, modifications have been in shop for players and operators alike all over the EU landscape.

Very important recent modifications for the online gambling industry worldwide has been the implementation of the UK Gambling (Licensing and Advertising) Act, which has created a licensing dependence on those who wish to run in the United Kingdom and certainly will put in a 15 percent point of consumption income tax starting in December.

Over the last day or two, numerous of the sites that have received their UK licenses have started to advertise that reality in their poker rooms and gambling enterprises. Companies ranging from 888poker to partypoker, William Hill and Bet365 have all started displaying the logo of the united kingdom Gambling Commission. PokerStars was additionally expected to launch a new site only for UK players today, having confirmed they received a license the other day.

For the minute, most gambling internet sites will operate in the UK under a continuation Continue reading “All Around the EU, a License to contract. Bustling EU: brand New licenses awarded in the united kingdom”