The Week All At Once, OPR’s weekly US iGaming news recap, is sponsored by PartyPoker NJ.
This week: Pennsylvania projections, New York’s new bill and an Adelson-backed initiative fails to move forward in Nevada.
While comments made earlier in the year by key pol Assemblyman Gary Pretlow threw cold water on New York’s hopes for passing a bill in 2015, State Senator John Bonacic’s reintroduction of a bill to regulate online poker in the Empire State is still a sign of progress.
Bonacic’s bill is in most ways similar to the version he introduced in 2014, with one key difference: the lack of a so-called “bad actor” clause.
But the sale, should it come to pass, could also reverberate through the regulated American market, as GVC is unlikely to maintain ownership or control of the US-facing aspects of bwin.party, most notably the company’s poker and casino operations housed at PartyPoker NJ in partnership with the Borgata.
There is no shortage of names being floated as potential suitors for the asset, but it’s difficult to pick out a perfect fit from the bunch.
Certainly 888 and MGM have to be in the conversation, as does Amaya – assuming the price is right.
While stopping a bit short of the definitive tone he struck in Amaya’s March earnings call, CEO David Baazov nonetheless reaffirmed his belief that PokerStars will be licensed in New Jersey within the third quarter of 2015 during the company’s latest call.
Baazov also walked back a bit on his optimism regarding the Amaya’s ability to launch a DFS product by the start of NFL season.
“This is the year for California to decide, set a precedent and prove the state is capable of meeting the political and legislative demands of the modern digital age”
Rincon Chairman Bo Mazzetti, calling for regulated online poker in California in an op-ed for the UT San Diego.
A deep dive into the Android offerings of New Jersey’s regulated online poker rooms reveals significant progress since launch, but still substantial room remaining for improvement.
AB 414, which would basically restrict the types of online gambling that Nevada can strike liquidity-sharing agreements with other states for to poker, appears to have met its demise for the session after a deadline for the bill to move out of the Senate passed without action.
After analyzing existing forecasts and comparable markets, that’s how much Robert DellaFave concluded Pennsylvania’s regulated online gambling market will be worth at maturity. Full story coming Monday.
The Week All At Once is sponsored by PartyPoker NJ.