The PokerStars settlement has been a huge topic of discussion in the industry, but there are many other issues that have arisen from it. In this blog, we’ll discuss some of the more pressing problems and how they might be solved.
With a month and a half before the World Series of Poker, the quest for a bracelet is taking center stage in the poker world. However, there have been a few more noteworthy things, and Chip Chatter has returned to investigate.
This episode has a lot to look at, from a PokerStars settlement to dealer shortages to WSOP vaccines.
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Kentucky and PokerStars have reached an agreement.
PokerStars’ parent firm recently resolved lawsuit with the state of Kentucky in what seems like an age-old conflict. From 2007 through 2011, the state sought damages from the business for enabling Kentucky citizens to access the site.
The state’s highest court upheld a $1.3 billion judgment against Flutter Entertainment in December. During the time in question, the online poker firm said it only earned $18 million in revenue from the state.
The two parties eventually agreed to a $300 million settlement. Flutter has previously given up $100 million and is now liable for “just” $200 million more.
Flutter took the case to the United States Supreme Court, but was it a bluff? In any case, the agreement puts an end to a long-running story that began with the poker boom.
The firm stated in a statement that “the Group strongly feels that this arrangement is in the best interests of Flutter shareholders.” “The issue is now considered closed by the Group.”
A quick look at DraftKings’ potential offer for partypoker’s parent business.
Flutter Entertainment is also the parent company of FanDuel, the leader in sports betting and daily fantasy sports. DraftKings made a $20 billion bid for Entain, the owner of partypoker, earlier this week.
There are still certain details to iron out in any possible transaction, such as MGM’s ownership of half of Entain’s US business. However, it seems that these two massive American sportsbook/DFS firms may now be connected to two of the world’s largest online poker operations.
So, what does this imply in terms of poker? It seems that some synergy is feasible. Stars currently does some of this in the United States, but each business may have much more options.
DraftKings gives the party the opportunity to bring some of these people to the table and expand the brand even further. It will be fascinating to watch how the potential transaction unfolds.
During the World Series of Poker, Caesars shuts its other poker rooms.
The World Series of Poker is almost approaching, and reports of a dealer shortage may be true. Finding workers for the huge series has reportedly not been simple, as it has been for many other businesses throughout the nation.
Caesars seems to be taking steps to satisfy demand at the Rio. Bally’s and Flamingo recently stated that its poker rooms will be closed throughout the series via the Bravo Live platform.
The Bally’s Poker Room will be closed for the duration of the WSOP, according to a statement on Bravo. “Please join us for bracelet events, satellites, daily deep stack tournaments, and cash games at Caesars Palace or the WSOP at the Rio Convention Center. Starting November 26th, the Bally’s Poker Room will be open every day.”
For Flamingo, a similar notice was available. According to the statement, the Caesars poker room is likely to stay operational.
Aside from the WSOP, dealer demand is expected to be strong this autumn. Aria, Orleans, Wynn, and Venetian are just a few of the other hotels in Vegas that have tournament series. Click here to see the USPoker autumn Las Vegas tournament poker guide in its entirety.
Reminder to check your vaccines
Whether you like it or not, COVID vaccinations are needed to compete in the WSOP this year. The CLEAR Health Pass function is being used by organizers to achieve this.
To make the procedure easier, players are encouraged to be certified before going to Vegas. After they’ve been confirmed, they won’t have to do it again for the rest of the game.
For a quicker entrance, complete your Health Pass before the event! Download the CLEAR app and register for free here to get started: https://t.co/PxfgAnZOcE pic.twitter.com/vRG9Ja4eBd
September 22, 2021 — WSOP (@WSOP)
Triton Million is now available on YouTube.
With the Triton Million for Charity debuting on the series’ YouTube page today, poker enthusiasts now have another watching option. With Daniel Negreanu and Ali Nejad calling the action, the first two of the event’s ten episodes premiere for fans across the globe.
With a £1.05 million ($1.45 million) buy-in, the event was hosted in London in 2019. £50,000 was collected from each buy-in and given to over 15 worldwide organizations as part of the event.
The Malaysian Red Crescent, the One Drop Foundation, and Raising for Effective Giving (REG) were among them. A total of £2.7 million was raised for good causes.
Some of the world’s best players competed in the event, including Bryn Kenney, Daniel Cates, and Tom Dwan. Paul Phua, Tony G, and Haralabos Voulgaris were among the high-profile businesspeople that participated.
The prize pool for this tournament is one of the largest in sports and gaming history. The event was formerly broadcast on NBC Sports, TSN in Canada, and various international networks.