September 13, 2015 |
BOSTON - The daily fantasy sports industry is eyeing a breakout season as NFL games begin. And its two dominant companies, DraftKings and FanDuel, are touting lucrative opening-week prizes to try to draw more customers as more competitors pop up. Major tech and media companies, including Yahoo and CBS, are entering the fray, signaling a potential sea change in the still-evolving market. The games involve picking teams of real-life athletes who score fantasy points based on what they accomplish on the field.
June 15, 2014 |
The Rational Group, which owns the world's largest online poker site and tried to buy the now-closed Atlantic Club in Atlantic City last year to get a foothold in New Jersey's legal online gambling market, has agreed to a $4.9 billion buyout by Amaya Gaming Group Inc. A history of U.S. legal troubles has blocked the Rational Group, which is based on the Isle of Man, from launching its brands, PokerStars and Full-Tilt Poker, in Nevada, Delaware, and...
May 3, 2013 |
The deal that could have made Atlantic City's smallest casino the first U.S. brick-and-mortar gambling hall owned by an online-gambling company is no more. On Wednesday, Atlantic Club Casino Hotel announced that a purchase agreement with Rational Group US Holdings, the British company that owns the PokerStars and Full Tilt Poker websites, has been terminated. Michael Frawley, the casino's chief operating officer, said: "The Atlantic Club remains committed to the aggressive pursuit of the opportunities presented by online gaming.
February 2, 2013 |
ATLANTIC CITY - A Feb. 7 deadline for Gov. Christie to sign off on a bill legalizing Internet gambling from computer servers based here is creating a sense of urgency at the Shore's smallest casino, the struggling Atlantic Club. Its prospective buyer - Rational Group US Holdings, parent company of the websites PokerStars and Full Tilt Poker, which combined have tens of millions of worldwide subscribers - plans to establish a headquarters here, the first that would merge a land-based U.S. casino with an online-gaming company.
July 1, 2011
MANY TOP players contend that the biggest decision you'll make is whether to play the cards you're dealt. That decision is not made in a vacuum, of course. You must factor in such things as stack sizes, your position at the table, your opponents and the action in front of you. But the decision to voluntarily enter the pot often remains the most important, as wild championship pro Gavin Smith regrettably learned again in this hand from the 2010 World Series of Poker $10,000-buy-in main event at the Rio Hotel.
June 24, 2011
IT MIGHT seem counterintuitive in some ways, but many times your best move is to bet when you don't have a made hand and check when you do. "If I don't have anything, he likely has the best hand, so I'll bet to try to get him to fold," championship pro Scott Clements said. "But when I hit my hand, it's best to check and play pot control. Let an opponent value-bet something you can beat. " Today's hand from the World Poker Tour's $10,000-buy-in Doyle Brunson Five Diamond World Poker Classic at Las Vegas' Bellagio in 2010 provides an example of such thinking.
May 31, 2011 |
Online poker will rise again in the United States, but it's going to be a while - maybe two years or more - before it returns to the level it was before "Black Friday. " The shape it will take is up for grabs. Maybe casino giants such as Caesars or MGM will become dominant providers. Or maybe an organization such as the World Poker Tour. Maybe states will decide individually whether to allow Internet games within their borders. Or maybe Congress will enact a national law. At some point, it will be legal for poker fans in America to send money to a website, play online, and collect their winnings.
April 29, 2011
By Marc Cooper I was dealt some pretty bad hands recently by forces far out of my control. One day this month, I awoke to find that the feds had indicted 11 executives on multiple felony charges, including bank fraud and money laundering, at the three top sites in America's online poker market. They also seized their Web domains. If you logged on to Absolute Poker, Full Tilt Poker, or PokerStars, you got to look at the shiny logo of the FBI. I like to play the 50-cent-minimum, no-limit game on Full Tilt, but my $216.
April 15, 2011
IF YOU MAKE fewer mistakes than your opponent, you're probably going to make more money. Pretty obvious, sure, but it's also a core concept among top players, and it's the lesson in this hand from dynamic young pro Andrew Lichtenberger in the World Poker Tour's $10,000-buy-in Doyle Brunson Five Diamond World Poker Classic at Las Vegas' Bellagio in 2010. With blinds at $3,000-$6,000 plus a $500 ante, Lichtenberger open-raised to $15,000 from middle position with pocket 7s. Respected online pro Nick Mitchell called from the button, as did the big blind.
March 11, 2011
A NOTABLE characteristic of almost all the top pros is they enter tournaments to win and are willing to risk their stack, no matter the level, if they believe they have the right read on an opponent. Case in point: the hand that elite, aggressive pro Michael Mizrachi played in the 2010 World Series of Poker $10,000-buy-in main event at the Rio Hotel. With blinds at $50-$100, Mizrachi open-raised to $250 with 7-8 offsuit in middle position. Two players called behind him. The flop came 7-7-4 rainbow, giving Mizrachi trip 7s. "I bet $500 to make it look weak," said Mizrachi, winner of a WSOP bracelet and two World Poker Tour titles.