Major Industry Events of The Week

/Major Industry Events of The Week

poker industry events of the weekIn the poker industry, it has really been a busy week indeed; as Coral Pokers site migrates to partypoker, changes in regulation in Australia and Germany militating against online poker, with soccer tie-ins, developments of software and sales of casino hitting the headlines and in fact topping it.

There is also a mood booster for fans of online casinos in the USA. There are 30 legitimate casinos established in the USA, with OLBG having total sections allocated to online casino sites in every legal state. Have a glimpse of the scope of welcome offers and of course, have full knowledge of its modus operandi before embarking on it, at least that is the logical thing to do.

Partypoker Network Now Has Coral Poker in It

Let’s begin with the news that the migration of Coral Poker over to partypoker seems to be completed, with the formerly known iPoker network site retaining its branded outlook, but of course now operating with the software of partypoker.

As it was unveiled in the previous month, the outlook made a leap back to their founding company’s new owners from being Playtech-owned iPoker, with Ladbrokes Coral being bought by GVC Holdings in 2018.

FastForward is now designed for mobile

Still talking about partypoker for now, the site has unveiled a newly designed version of FastForward poker to be accessible by its users on iOS and Android interface.

It will have a portrait mode that brings the game’s orientation and design in alignment with the desktop client; it will allow four tables to be tiled at once.

PokerStars runs the biggest-ever Sunday Million

Moving on to PokerStars, the announcement of a Sunday Million anniversary editions has come with a lot of criticism and complaints, and with a 24-hour late registration coming with a guarantee of $12.5million.

On March 22nd, the buy-in back up to $215 will be activated for the 14th anniversary; to break even on the event, 62,500 entries will need to be drawn in by Stars.

That will be above the 2011 version, which was the previous biggest and it had 62,116 entries and a prize pool of $12,423,200.

The deal between Unibet and Paris Saint-German has been extended

The sponsorship deal between the French Ligue 1 champions PSG and their relative group-owned Unibet has been announced and the deal will run till the end of the 2022-23 season.

This partnership looks to the USA and the Asia-Pacific regions for new markets in a bid to expand their audiences outside of Europe. In the past two years of partnership, a Europe-only deal was involved which was estimated at €1.5m($1.66m) per year as stated by sportbusiness.com.

Two iconic Vegas casinos sold

MGM Resorts International has sold the MGM Grand Las Vegas and Mandalay Bay casinos in a deal worth $4.6billion, this week, although they both will be leased back to their initial owners for almost $290 million per year as stated by reports.

It is almost a replica of last year’s deal that saw Bellagio and Circus casinos sold by MGM Resorts to the same group, MGM Growth, and Blackstone, for $245million.

Possible legitimation of online poker and casino games in Germany

German states have agreed on a new federal treaty that will see online poker and online casino operators permitted to operate across the country.

As of July 2021, online poker will be most probably legalized by the interstate Treaty which was previously prohibited.

Also, there will be apparently a monthly deposit benchmark of €1000 per player, and there are rules that operators should report such information to the authorities.

Ignition Casino has been hit by new ‘blocking order’ in Australia

This week, online players in Australia were dealt another blow when Ignition and other nine sites were served blocking order by regulators.

In line with the Interactive Gambling Amendment Bill 2016 that was passed the following year, the nation’s ISPs have been instructed that the poker-friendly site and eight other online casino sites should be blocked.

Leave A Comment Cancel reply

Terms and Conditions apply.
This offer is only for new customers who are at least 18 years old.
If you need some help with yor gambling pattern and if you feel
that something goes wrong, please visit begambleaware.com

About the Author

Lawrence Damilola

Hi Guys, I am Lawrence and I started working for YourPokerDream as a content manager since 2019.
My job is it to manage the news section of YourPokerdream; to write different reviews on our partner sites and create new articles.

Latest changes

The last changes of the page “Major Industry Events of The Week” was made by Lawrence Damilola on January 25, 2020

By |2020-01-25T18:29:41+01:00January 25th, 2020|