January 20th Poker news ... Welcome! You have reached the best online forum for poker players. Stick around and chat about everything Texas holdem how to
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BETFAIR AND POKERSTARS CONNECTIVITY ISSUES2015-04-15
Wagering giants PokerStars and Betfair reportedly experienced major connectivity problems over the past weekend with Betfair taking to Twitter Monday to confirm the company was fighting off a DDoS attack.
"We're currently experiencing a DDoS attack on our site. We're working to fix this as quickly as possible," the tweet informed.
While PokerStars have not confirmed a similar attack, forum posts along with Tweets from Lee Jones - head of poker communications, indicate connectivity and slow response times on the website since as early as April 9, 2015.
This past weekend customers experienced major lag and time out issues with the PokerStars tech team eventually forcing a restart of the server.
Latest forum reports indicate the service had returned to normal when InfoPowa went to press.
BETFAIR STRIKES DEAL WITH GOLDEN NUGGET AC (Update)2014-11-18
Betfair will move its New Jersey online gaming operation to the Golden Nugget Atlantic City after striking a deal with Landry's th
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Golden Nugget Atlantic City will now offer two online casinos to those eligible to play in New Jersey, GoldenNuggetCasino.com and BetfairCasino.com, both of which will operate independently under Golden Nugget's Internet gaming permit, regulatory approvals permitting.
"We are very excited to move our operations to Golden Nugget Atlantic City, one of the premier resort destinations in New Jersey. With this relationship, Betfair and Golden Nugget are well positioned to accelerate growth in 2015 and beyond," Don Ryan, Senior Vice President of Gaming for Betfair US said.
"We welcome Betfair to the Golden Nugget. The combination of our complementary brands will allow Golden Nugget Atlantic City to cater to an even larger demographic of NJ online players," added Thomas Winter, Vice President of Online Gaming for Landry's Golden Nugget.
BetfairCasino.com hopes to begin operations under the Golden Nugget's Internet gaming permit on Friday, November 21, 2014.
LUCKYFISH GAMES CLOSES SERIES A FUNDING2014-05-22
Social game developer LuckyFish Games closed off $1.6 million in Series A funding led by Carmel Ventures, a member of the Viola Group.
This is the first investment for Carmel Ventures in the social gaming development sector, led by Daniel Cohen, General Partner at Carmel who also joined the Company's board of directors.
LuckyFish Games launched its first portfolio of 22 social games through OMG! Fortune on Facebook recently, it was founded at the end of 2012 by Roi Fishman, formerly an Infrastructure & Poker Delivery Manager at online gaming firm 888. Fishman is also the co-founder of SparkyBee, another social games developer.
In addition to its Facebook platform activity, LuckyFish said it will launch an Android version of OMG! Fortune in the coming days and an iOS version by next month.
"This funding will allow us to capture the rapidly evolving opportunity in the growing market of social gaming as a whole and social fortune games in particular," Fishman commented. "We are excited about the coming launch of our Android and iOS game versions and the rapid growth of our community of fans. The partnership with Carmel Ventures is also a validation of our innovative viral offering and our business model."
"We found LuckyFish to have a unique combination of a professional management team, exclusive content, and a cutting edge BI system which enables real-time analysis," said Daniel Cohen, General Partner at Carmel Ventures. "These are the key factors to LuckyFish's growth in a very exciting market."
POKERSTARS PARENT LOSES OUT ON ATLANTIC CITY APPEAL (Update)2013-07-02
The Rational Group, parent company of Pokerstars and Full Tilt Poker, has suffered another legal setback in its attempt to establish a foothold in the nascent New Jersey online gambling market by buying troubled land casino the Atlantic Club (see previous InfoPowa reports).
On Monday a New Jersey appeal court rejected the company's appeal against an earlier decision in a lower court that Atlantic Ciub was within its rights to withdraw from an acquisition deal with Rational after the agreement ran out of time due to licensing delays.
By then Rational had handed over $11 million to Atlantic Club owners Colony Capital as a gesture of good faith and to help the casino to survive; the American judges have ruled that Colony is within its rights to keep that money.
In its appeal, the Rational Group claimed the judge in the initial hearings made several errors. It also argued that its $15 million purchase deal should be reinstated, noting it has already given The Atlantic Club $11 million.
Commenting on the successful outcome of the appeal for Atlantic Club, chief operating officer Michael Frawley said the casino was clearly pleased with the result of the litigation.
"Our intentions have, and will continue to be focused on the aggressive pursuit of New Jersey's emerging online gaming opportunities," Frawley said.
Pokerstars-Rational Group had not commented when InfoPowa went to press Tuesday morning.
There has been speculation that Atlantic Club used the licensing delay to pull out of the deal because a more attractive alternative may have developed.
The casino was in financial trouble prior to the Rational deal, which put an acquisition price of $15 million on the table and also involved a commitment by Rational to fund a potential $32 million shortfall in the employee pension account.
Rational also had discussed investing an additional $20 million to $40 million into the property once the deal was completed.
As things stand at present, Atlantic Club has not only succeeded in withdrawing from the agreement, but it is keeping the $11 million handed over so far by Rational Group.