The headlines this morning in regards to online poker seemed to have an extra pep as I went through my usual perusal of news. The buzz in the US state of NJ was that of Governor Christie’s conditional veto of the online gambling bill this past Thursday, the difference this time is hope, hope that after the bill is amended approval would come as soon as Spring 2013.
The amendments the Governor is seeking include a 10% to 15% increase in tax revenues, a 10 year trial period and better funding for problem gambler assistance. Christie’s comments in regards to the amendments left many hopeful, as the NJ Governor commented,
“Now is the time for our state to move forward, again leading the way for the nation, by becoming one of the first states to permit Internet gaming,” Christie wrote. “While Atlantic City’s reputation and stature as one of the premier resort destinations on the East Coast are well-chronicled, it is no secret that revenue from the region’s most important industries, gaming and tourism, has been in decline.”
How Will Online Gambling Help NJ
In recent thoughts of the devastation that overcame the state many are hoping that the state will legitimize and profits will restore a state in need of rejuvenation. Shares of Caesars Entertainment surged 32% to $13.25 in recent trading, while Boyd Gaming rose 8.4% to $7.70 after the Governor spoke last week. Analysts believe that $250 million to $1 billion in revenue annually will boost the fallen casino revenue of $5.2 billion to just over $3 billion last year.
New Jersey could join Nevada and Delaware as the only states to have legalized online poker if indeed the amendments to the online gambling bill are signed into to law by the Governor in spring.
Tournaments, the Winners Are…
Remi Castaignon, the 29 year old Frenchman and mortgage broker has propelled himself to a higher poker status as he dominated the EPT Deauville main event. Coming in with more than three times the chips as is opponents, the young, confident player from Saint-Aunix-Lengros, a commune in the Gers department in southwestern France won a €770,000 first place prize to claim his first title.
In related Pokerstars news, the International Gaming Awards honored PokerStars with the “Online Poker Operated of the Year” award. PokerStars was among 15 nominees for the distinction of the being the best global poker operator.
“This has been a year of great achievement for PokerStars, and this award is recognition of the hard work and dedication of our employees around the world who are setting the standard for quality in the industry,” said Eric Hollreiser, PokerStars Head of Corporate Communications.
Viktor “Isildur1” Blom is not sitting pretty according to HighstakesDB.com reporting the Swedish player has about $1.5 million in earnings for 2013 losing $3.6 million of the $5million winnings. However, his Full Tilt team mate Tom “durrrr” Dwan on the other hand has won over &2 million in the past 48hours at the $250/$500 PLO tables where he won over half a million dollars, including a $394k win at table Cathy yesterday afternoon in just 81 hands playing against the likes of Ben “Bttech86″ Tollerene, Phil “OMGClayAiken” Galfond and patpatpanda.
More PokerStars News
Pokerstars is rewarding you for living in the fantastical and alluring part of the world many call home, home would be Asia, Australia, and New Zealand! Players from Asia, Australia, and New Zealand are now able to partake in the ANZOPS, or better known as the “Australia & New Zealand Online Poker Series.”
Australia and New Zealand can get their hands on a share of more than $120,000 in tournament guarantees and exclusive Leader Board prizes. That’s ten events running over ten days, the ANZOPS guarantees $120,000 across all events with $7,000 available in the ANZOPS leader board.
Buy-ins start from just $5.50 and the highlight of the series will be a $50,000 guaranteed Main Event on Sunday, February 17.
And last but not least, here is a word from APCW on the latest NJ online gambling bill, industry news around the globe in the usual J Todd flair…