According to US Poker, Betfair has officially closed its online poker room in New Jersey after it had largely been a non-factor. As the site outlined, “Betfair New Jersey posted $0 in October 2014 poker rake, according to tax returns filed with the New Jersey Division of Gaming Enforcement. Its poker tables earned $1 in… Continue reading Betfair Closes New Jersey Online Poker Site

In Nevada, Ultimate Pokerwas the first regulated room to launch at the end of April 2013, but quickly took a back seat to WSOP.comonce that name-brand poker room went live a few months later. Living up to the old line, “This town ain’t big enough for the two of us,” Ultimate Poker closed up shop… Continue reading Who is Scooping Up Ultimate Poker’s Old Player Pool?

In April 2013, Ultimate Pokerdealt the first hand of regulated online poker in the US to much fanfare. Only a year-and-a-half later, the Station Casinos-owned venture announced that it was closing up shop in Nevada and New Jersey, citing a difficult regulatory environment and disappointing revenues.

One of the major headlines of November was the departure of Ultimate Gaming from the Nevada market. The company, which left New Jersey in September, said of shuttering its Nevada site, “The state-by-state approach to online gaming has created an extremely cost-prohibitive and challenging operating environment. These factors have combined to make the path to… Continue reading PPA on Ultimate Poker Closing: “Being First Does Not Equate to Being the Best”

We reported to you late last week that Ultimate Poker, the first regulated online poker site in the US, had vacated the New Jersey market after alleging that its land-based partner, Trump Taj Mahal, had “multiple breaches” of contract. The casino has already filed for Chapter 11 bankruptcy and could close before the calendar year… Continue reading Former Sponsored Pro William Reynolds Rips Ultimate Poker on Twitter

This weekend in Nevada, seven PocketFives members showed up at the final tables. Two of them, CindrllaMan aka LuckSackGMZ(pictured) and BrainRapist aka PremiumStud, finished in first place.

On Friday, following word that its land-based partner casino, Trump Taj Mahal, is facing bankruptcy, Ultimate Gaming announced that it plans to withdraw from the regulated New Jersey marketplace. In doing so, Ultimate terminated its agreement with Trump due to “multiple breaches by Trump Taj Mahal Associates,” according to a press release.

In Nevada this week, WSOP.com ran all four $3,000 events as scheduled. All of the events exceeded the guarantees. There were 265 runners for a total prize pool of $19,628. Five PocketFives members cashed for $3,045 collectively.

Quite a few PocketFives members already appreciate the fact that WSOP.comNevada feeds tournament results into our player profiles and our Nevada poker community page. It makes it quite exciting to see our members’ results flash up within 24 hours or so of the event taking place.

This weekend in New Jersey online poker, PartyPoker/Borgata Pokerran ten tournaments that included the $50,000 Guarantee Sunday Major. Sean Sisco (siscoon PocketFives) won the $5,000 guarantee on Friday for $1,063. TastesRed (TasteRedon PocketFives) took down the $10,000 Guarantee on Saturday, pocketing $1,628. The winner of the $50,000 Guarantee Sunday major was Sveinbinder099, who chopped heads-up… Continue reading New Jersey Weekend Tournament Review for August 4, 2014

According to the Las Vegas Review-Journal, the regulated Nevadaonline poker sites hit $1 million in combined revenue in June, the first time that’s happened since the market launched last year. The number was $1.037 million in a month, to be exact.

In Nevada this week, WSOP.com ran all four $3,000 events as scheduled. All of the events exceeded the guarantees. There were 305 runners for a total prize pool of 21,675 and 55 spots being paid.

In Nevada, WSOP.com kicked off its weekend with seven major events including the Weekend Warm-Up $5,000 Guarantee and the Re-Entry R&A $3,000 Guarantee on Saturday and the Freezeout and $15,000 Guarantee on Sunday. WSOP.com had 539 runners vying for the 75 available prizes totaling $53,330.

In Nevada this week, WSOP.com ran three of its four $3,000 events as scheduled. On Wednesday, the site ran a special satellite for two $1,500 seats to the 2014 World Series of Poker. All of the events exceeded the guarantees. There were 304 runners with a total prize pool of $20,825 and 44 spots paid.

PocketFives had the opportunity to chat with one of our newest members, Butters. He lives in Nevada and has been successfully grinding on both WSOP.com and Ultimate Poker, two of the regulated sites in the state. Butters’ body of work speaks for itself. Earning over $44,000 from both sites in games with payouts of $1,000… Continue reading Heads-Up with Nevada Online Poker Player Butters