New York’s Online Poker Legislation Efforts Just Received A Huge Boost

MGM Resorts announced this week that it has reached a deal to acquire a casino about 15 miles from Times Square for $850 million.

MGM, which has pushed for online poker in New York State, is all-in on the market just a couple weeks after the U.S. Supreme Court reversed a decades-old federal sports betting ban. New York lawmakers are currently mulling over both sports betting and online poker.

Just how committed is MGM to online poker? At a hearing in Albany in late 2015, MGM’s general counsel said: “If the gaming industry doesn’t innovate, it will be Amazon’ed by other forms of entertainment. Internet poker can be effectively regulated.”

The Las Vegas-based casino giant entered into an agreement to acquire Empire City Casino, a slots and racetrack gambling facility located in Yonkers. Over the 12 months prior to April 1, Empire City reported about $230 million in revenue and $70 million in Adjusted EBITDA.

Under the deal, the company’s real estate investment trust, MGM Growth Properties, will acquire the casino from MGM Resorts for $625 million and lease it back to a subsidiary of MGM Resorts.

“This acquisition represents an excellent opportunity to further solidify our presence on the East Coast, and in particular, expand our reach into the high-density New York City region,” said Jim Murren, Chairman and CEO of MGM Resorts.

While Empire City is far from a Las Vegas-style casino, there is the opportunity for expanding its gambling offerings in the future. According to MGM, it has agreed to pay an additional $50 million if Empire City is awarded a license for live table games on or prior to Dec. 31, 2022 and MGM Resorts accepts that license by Dec. 31, 2024.

In other words, Empire City could have a poker room down the line. There are currently about 150 poker tables serving New York poker players. The 19-table room at Resorts World Catskills is about 90 miles away, making it among the closest to New York City. Philadelphia-area poker rooms are also about 80-90 miles away from NYC, while Atlantic City is about 120.

Several years ago, when New York lawmakers were sorting through where the four new commercial casinos should be located, MGM was lobbying for a casino in New York City. It wasn’t successful, but the Empire City acquisition puts it right on the doorstep.

MGM is involved with New Jersey’s online gaming market, which bodes well for New York’s online poker domino poker efforts. MGM owns the Borgata in Atlantic City, the seaside town’s top grossing casino.

MGM’s deal for Empire City is expected to close in Q1 2019, subject to regulatory approvals.

Spain’s online poker market gets a serious boost from EU liquidity

Spain’s regulated online gambling market reported significant year-on-year revenue growth in Q1, as poker benefited from its new shared liquidity pool.

Figures released Thursday by Spain’s Dirección General de Ordenación del Juego (DGOJ) regulatory body show total online revenue of €163.3m, up a healthy 28% from the same period last year but a 5.7% decline from Q417’s total.

Sports betting claimed slightly over half (€81.7m) of overall Q1 revenue, up 15.9% year-on-year but down 21.1% sequentially. In-play betting accounted for 62.5% of sports revenue and 67% of betting handle, while pre-game fixed-odds betting claimed 34.9% of revenue and 30.2% of handle.

Online casino revenue surged 51% year-on-year to €56.6m, with online slots claiming over half (52.7%) of the casino total. Live roulette claimed the second largest share chunk at 21.1%, followed by conventional roulette (15.2%) and blackjack (11.8%).

Online poker got a boost from the launch of cross-border player liquidity pooling between PokerStars’ French- and Spanish-licensed sites. Overall poker revenue improved to €21.5m, with cash games revenue rising nearly 30% to €8.4m and tournaments spiking 50.2% to over €13m. Cash game spending was up nearly 19% while tournament fees were up 40.4%.

Online bingo revenue was up nearly 30% to €3.5m, while the contests segment proved the lone decliner, tumbling 80% to a mere €200k.

Active user ranks spiked nearly one-quarter to just under 800k, while customer deposits shot up 58.7% to €562m. Operators were making a serious push to attract customers in Q1, with marketing spending up nearly 36% to €76.3m.

In April, Spanish legislators proposed cutting online sports betting and casino taxes from their existing 25% of revenue down to 20%. The changes, which could come into effect on July 1, could make Spanish-licensed operators more competitive with the offering of internationally licensed sites currently serving Spanish punters without a local license.

The importance of Spain’s online gambling industry was on full display in the latest e-commerce report by the National Commission of Markets and Competition. ‘Games of Chance and Gambling’ accounted for 3.5% of Spanish online spending in the third quarter of 2017, the seventh-highest ranking. In terms of online transaction volume, gaming and betting place third with a 5.8% share.

Sharelines

 

  • The Chris Ferguson apology opens up Black Friday wounds, but hope abounds for U.S. online poker players.
  • Options for U.S. online poker players looking more promising seven-plus years after Black Friday.

 

With the recent Chris Ferguson video that dropped, wherein the former Full Tilt Poker exec offered up a brief apology for not being able to “prevent Black Friday from happening,” many players are brought back to that dark moment in poker’s past that deprived so many.

Players who had comfortably been grinding out a living online lost a huge chunk of their bankrolls and net worth, not to mention their source of income, when the Department of Justice unveiled a 52-page indictment against top executives of the big three online poker sites operating in the U.S. – Full Tilt Poker, PokerStars and Absolute Poker/Ultimate Bet.

Countless stories of Black Friday loss endure, loads of players forced to turn to pouring drinks or waiting tables to pay the bills and rebuild after losing everything, while many others who had a semblance of a roll left resorted to seeking online poker refuge outside of the States as a result. But not all have had to exit the country to find some legitimate online poker options.

A Look Back at Black Friday

An array of charges on that fateful Friday, April 15 of 2011 included bank fraud, money laundering and illegal gambling, many of which related to the Unlawful Internet Gambling Enforcement Act (UIGEA) signed by then-President George W. Bush in Oct. 2006, which outlawed the transferring of funds to and from gambling sites.

The UIGEA went into effect on Jan. 19, 2009 with compliance required from June 1, 2010. The processing of deposits and withdraws on poker sites that continued after that date were, therefore, in violation of UIGEA. Full Tilt Poker’s worldwide operation was shut down later that year with additional exposure of fraud, namely that player and operational funds were not segregated, resulting in player funds not being available to make players whole.

While many outside of the U.S. received their suspended funds during the latter part of 2012 — after PokerStars acquired all of Full Tilt Poker’s assets and agreed to pay customers back — U.S. players had to wait much longer. The first reports of repayments began to trickle in during Feb. 2014, nearly three years following the seizure.

And much more recently, players who lost funds on Absolute Poker and Ultimate Bet started getting paid back, once again in the form of a bailout.

Though the sting of the whole debacle stays with many, Ferguson has already resurfaced at the 2018 World Series of Poker at the Rio for the third year in a row, after capturing WSOP Player of the Year honors in 2017, to the chagrin of many a poker fan. While much of the poker community isn’t quite ready to forgive and forget just yet, some solace has come in the form of new opportunities to play legal online poker in the U.S.

Silver Lining

States’ legislatures continue to mull over the potential of adding online casino, including poker, to their lists of tax revenue sources following the first four dominoes — Nevada, Delaware, New Jersey and most recently, Pennsylvania. Another promising development of late has been the interstate liquidity between Nevada, Delaware and Jersey that recently took effect.

In the meantime, players across the States can play some legal online poker at Global Poker, thanks to their Sweeps Cash model that makes it possible to play poker using Sweeps Cash that can be cashed out for real money prizes.

Add to those positive nuggets the recent monumental ruling against the Professional and Amateur Sports Protection Act of 1992 (PASPA) that has opened the door for states besides Nevada to offer sports betting, and we can expect continued momentum for iGaming legislation across the country. As the timeline unfolds, the poker world will be watching for online poker to come along for the ride.

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What N.J. thinks about sports making a bet (and if leagues may still get a cut)

Most New Jerseyans are good enough with legal activities making a bet — however they don’t believe pro sports leagues should get a reduce of the tax profits.

those are the consequences of a new Fairleigh Dickinson tuition ballot that found about two-thirds of the backyard State’s adults sixty two percent believe the U.S. Supreme court’s fresh resolution to permit activities having a bet in all states.

this is the optimum percent the FDU’s survey has ever viewed on the difficulty.

1 4 25 percent are towards the expansion, while 11 percent pointed out they did not know, and 2 percent refused to reply, in accordance with the poll launched Tuesday.

4da1a46ec20cf93ee5c846a51e04f0ed,If help for the enlargement is any indication of how common of a exercise this may develop into, New Jersey is poised to develop into a state with loads of motion round professional carrying pursuits,” stated Krista Jenkins, the poll’s director and a political science professor at FDU.

Ex-Mets and Yankees famous person makes activities betting pitch to N.J. lawmakers

The identical percentage — sixty two p.c — are in opposition t sharing tax profits with professional teams. a third 34 % again the thought.

The ballot comes two weeks after the Supreme courtroom ruled in New Jersey’s prefer within the state’s seven-12 months quest to legalize sports having a bet at its casinos and racetracks. The court docket overturned a 1992 federal legislations that banned such wagering in all however four states, opening the door for states all over the nation to allow activities bets — and make the most of the tax salary.

New Jersey lawmakers are rushing to pass a bill by way of June 7 on the way to alter and tax the making a bet. officials estimate the state may see $13 million in tax profits from it within the upcoming fiscal year.

but one unresolved problem: Some seasoned leagues are asking states for 1 percent of less of their total gaming earnings — to aid police towards cheating and video game-fixing and because the making a bet is in response to their games.

State Senate President Stephen Sweeney, D-Gloucester, is staunchly against this so-referred to as.”integrity payment” mostly as a result of a lot of these leagues sued New Jersey time and again on the grounds that 2011 to stop the state from instituting sports making a bet. Sweeney has likened it to.”extortion.”

Gov. Phil Murphy, additionally a Democrat, has declined to claim publicly the place he stands on such charges. He spoke of Friday “details” of new Jersey’s sports making a bet legislations,are nevertheless being labored out.”

Donald Hoover, a senior lecturer at FDU’s overseas school of Hospitality and Tourism management called the prices,the old hen and egg situation enjoying out, with the activities leagues and the operators accepting sports wagers.”

4da1a46ec20cf93ee5c846a51e04f0ed.”The activities leagues trust that they should still get a portion of the wagers or revenues as a result of funds is being made on their product,” Hoover referred to. “The sports books and operators trust that the sports leagues are making extra money on account of activities wagering.”

Tuesday’s FDU poll poll asks if residents would approve of the state sharing one of the crucial tax earnings with the teams. Technically, the prices would come from the overall salary from making a bet going to the casinos and tax — now not the tax salary that would go to the state.

The ballot additionally requested individuals why they guide or oppose legal sports having a bet.

Of those that trust it, 47 % say or not it’s the entice of extra cash and 39 p.c referred to it’s the practicality of enabling whatever thing it truly is already being finished.

Of those against it, 44 % are involved about gambling addictions, 20 percent are involved about daftar poker the skills of equipped crime, and 19 percent trust seasoned activities will seem less wonderful.

Nevada has allowed full-scale activities having a bet for years, while Delaware, Montana, and Oregon have provided smaller-scale wagering. in the meantime, americans have additionally guess for years illegally, with underground bookies making billions of greenbacks a yr throughout the U.S.

Monmouth Park racetrack in Oceanport and the Borgata casino in Atlantic city say they will be able to settle for bets once Murphy indications the legislation in New Jersey.

Ocean resort casino in Atlantic city — the former Revel — announced a partnership Tuesday with British bookmaker William Hill to have a sports betting operation, as neatly.

The ballot become performed by way of mobile might also sixteen-21 with 926 New Jersey adults. The margin of error changed into plus-or-minus 3.5 percentage aspects.

Brent Johnson could be reached at bjohnsonnjadvancemediam. follow him on Twitter johnsb01. find NJm Politics .

Morris: Chelsea confirmed spirit in U18 PL Cup

At under-18 level, 201718 became an excellent season for Chelsea.

For the fifth year in succession, the club lifted the FA youth Cup, which complemented a Premier League double.

no longer only did they recall the below-18 Premier League country wide title after topping the South Division by using 9 elements, however they additionally gained the inaugural U18 Premier League Cup last against Tottenham Hotspur.

And when searching returned on a glorious season, Chelsea under-18s teach Jody Morris says it changed into not deciding upon up the trophy after beating Spurs 2-0, however the complicated-fought 1-0 semi-final victory at Everton pictured above, that was the standout second.

Morris, who came through Chelsea’s academy and made 124 Premier League appearances for the Blues, advised their reliable “We had been definitely up in opposition t it.

“We had avid gamers missing, people making their first starts and playing out of position, plus the pitch changed into in a foul state and it was best a few days after Tottenham Hotspur in the formative years Cup.

“We confirmed the spirited aspect of our online game, teamwork and dealing hard for each and every other, however additionally dominated the video game at a tricky vicinity like Everton.”

“I remember we had been truly proud with that performance and i suppose it’s one of the the explanation why we managed to recall every little thing, as a result of every time there were definite barriers in front of us, we discovered alternative ways to hold different video games.”

Now we understand all three promoted sides for the 201819 Premier League The Scout analyses their gamers as to who might make an have an effect on in myth Premier League next season.

Fulham

Fulham’s attacking aptitude may also be a bonus for managers within the upcoming season.

The Cottagers arrive within the Premier League having scored 79 goals in the Championship, 2nd best to the 82 of title-winners Wolverhampton Wanderers.

Slavisa Jokanovic’s facet produced 60 of their dreams from originate play, 10 greater than any other team.

Wolves and Cardiff metropolis, the other promoted aspect, had been way more reliant on set-pieces, each scoring 21 desires from them.

however in defence, Fulham appear the least resilient of the promoted teams.

Their 17 clear sheets had been bettered with the aid of each Wolves’ 24 and Cardiff’s 19.

that suggests FPL managers should still center of attention on Fulham’s attacking alternate options, or perhaps their forward-considering full-backs.

Ryan Fredericks

The appropriate-again became a key source of creativity.

Fredericks’s 20 options made from crosses were more than any group-friend on his method to producing seven assists.

He became additionally Fulham’s 2nd-optimum a success tackler, with fifty three, which makes him a contender for bonus facets.

From left: Fulham’s Ryan Fredericks, Stefan Johansen and Ryan Sessegnon Ryan Sessegnon

With 15 dreams and eight assists within the commonplace season, the 18-12 months-old, can become the go-to fable alternative among Fulham’s ranks.

A movement into attack transformed Sessegnon’s potentialities.

He began the campaign as a left-again however was shifted to the left of a four-three-three halfway throughout the season.

subsequently, 50 of his 56 pictures have been fired from inner the penalty enviornment.

Stefan Johansen

With eight dreams and nine assists, handiest Sessegnon turned into concerned in more desires for Fulham.

The imperative midfielder’s creativity changed into a key weapon for Jokanovic’s facet.

The membership’s leading set-piece taker, his ninety two chances created had been more than any group-best mate.

Aleksandar Mitrovic

The goal man had a big impact after arriving on mortgage from Newcastle United within the January switch window.

Mitrovic scored 12 desires in 20 appearances, averaging a shot each 20.three minutes.

The Serb can turn into a desirable target among the promoted forwards if he daftar poker secures a everlasting move to Craven Cottage in the summer.

additionally during this sequence

half 1: FPL promoting potentialities: The Wolves worth searching half 2: FPL promoting possibilities: are seeking out Cardiff defenders

Klaassen vows to fight for Everton place

The season can be over however the challenging work will barely cease for Davy Klaassen.

The 25-12 months-old Dutchman, who signed for Everton closing summer, is determined to fight for his vicinity at Goodison Park.

He made handiest seven appearances in his debut season however is raring to build on a promising conclude after featuring in the club’s ultimate two fixtures.

“For the group, we wish to finish bigger than this season, and i wish to play as a lot as possible,” Klaassen told Everton’s official web page of his 201819 ambitions.

“we’ve a holiday now and i will calm down for a few weeks but then initiate working towards to come back in precise situation.

“My average journey at Everton has been first rate… the club is amazing and the individuals are very nice.

“it’s an formidable club and that i 100 per cent get pleasure from being right here. I feel at home and am decided to play greater for the group.”

Adrian Clarke takes a glance at tactical tendencies that took area in 201718.

Set-pieces

Has scoring from free-kicks become a dying artwork? looking on the numbers from 201718, you could possibly believe so.

most effective sixteen direct free-kicks were scored this season, a record low by way of far. the lowest previous return from a full Premier League crusade became 25, in 201516.

at the start look it looks that free-kick experts are thin on the floor.

best two players scored more than once from a right away set-play: Marcos Alonso and Philippe Coutinho both scored twice.

simply four gamers hit the target greater than 3 times from their free-kicks as well. Of that quartet, most effective Kevin De Bruyne found the web.

Most direct free-kicks on track  201718 complete Christian Eriksen 7 Kevin De Bruyne 5 Alexis Sanchez 5 Willian 4 Fewer free-kicks

onsistency from the most efficient set-piece technicians most effective tells half the myth. additionally big is the incontrovertible fact that some distance fewer direct free-kicks had been awarded all the way through 201718.

The desk beneath does not consist of direct set-plays that have been handed or crossed, however the figure of 339 shots from free-kicks is the lowest on list.

Decline of free-kick photographs and dreams considering that 200506* Season Free-kick pictures Direct free-kick goals 200506 600 28 200809 682 33 201112 553 29 201415 441 27 201718 339 sixteen

*select seasons handiest

perspective required

Yet some perspective is needed when analysing these figures, too.

The 200506 and 201011 campaigns had been worse than 201718 for the shotgoal ratios from direct free-kicks.

This season’s free-kick conversion rate of 4.72 per cent become barely sinful to the degrees of 200809 4.eighty four per cent, when greater than double the dreams have been scored.

improved defending

definitely the dynamic inside the ultimate third has altered, with fewer fouls being committed poker online inside the container, too.

simplest fifty six penalties had been scored in 201718, an extra Premier League low, down from 81 in 201617.

it’s wonderful to observe that Crystal Palace and Manchester metropolis had been awarded probably the most penalties this season, with 10 and eight respectively, whereas Everton additionally received eight.

it is most likely no accident that the tempo and trickery of Wilfried Zaha and Raheem Sterling performed an element, with the Palace man incomes four chapter-kicks and the man city ahead successful six.

Encouraging quickly and skilful attacking avid gamers to make extra bursts previous defenders, with and without the ball, could be how to buck this fashion with set-pieces and penalties.

Most-fouled PL gamers in closing third participant complete Dele Alli 36 Raheem Sterling 32 Wilfried Zaha 32 Jordan Ayew 30 Eden Hazard 29 Richarlison 29 also during this sequence

part 1: Tactical evaluation: Coaches display flexibilityPart 2: Tactical evaluation: city continuity counted for titlePart three: Tactical evaluation: avid gamers saving their most effective shotsPart 5: Tactical assessment: Tackles on the slide

Everton appoint Silva as new manager

Everton have appointed Marco Silva as their new supervisor.

The forty-yr-ancient replaces Sam Allardyce, who left Goodison Park at the end of the season.

Silva takes charge of his third Premier League membership.

He spent the 2d half of 201617 at Hull city, where he received six of his first seven fixtures at the KCOM Stadium while drawing the other, but became unable to keep the club in the Premier League.

He moved to Watford in the summertime of 2017 however left Vicarage highway in January daftar poker 2018 after 24 suits.

Silva’s first Premier League fit in charge at Goodison Park may be published when the fixtures for the 201819 Premier League are released at 09:00 BST on 14 June.

Meet Cyrus.

he is a year 5 boy at St Mary’s basic school, in west London. His involvement at college has grown drastically due to the work of the Fulham FC basis and Premier League simple Stars.

“Cyrus became identified to us as somebody that changed into very, very bright, but lacked a lot of self assurance in themselves,” says Matt Weller, a Fulham FC groundwork educate.

His trainer, Nick Allen, adds: “after I first taught Cyrus he turned into very tranquil and shy, pretty much anxious when approached, would not look you within the eyes, he’d look down.”

So Matt, at Fulham, seemed to deliver out that self belief in Cyrus in faculty. He was helped through basic Stars and its free curriculum-linked elements that helps teachers carry gaining knowledge of to life and encourage scholars.

“The instructions are designed around winning and losing, problem solving and perseverance, and developing resilience,” Matt explains.

by using having the opportunity to advance teamwork and leadership knowledge via fundamental Stars, Cyrus is in a position to communicate his ideas to his chums improved.

when you consider that working with instruct Matt, I learned that it would not definitely remember about winning or dropping, or not it’s greater about having enjoyable and helping others,” Cyrus says.

The more americans I help, the extra self belief I get.”

David Wagner has signed a brand new three-12 months contract to stay as Huddersfield town head instruct.

Wagner’s assistant Christoph Buhler and first-crew coach Andrew Hughes have additionally had their deals prolonged unless the end of 202021.

It comes after the trio secured security in Huddersfield city’s first season as a Premier League club, finishing sixteenth.

“The resolution to prolong my live at this membership became not a difficult one,” Wagner, 46, instructed the membership’s reliable web site.

“A message to Huddersfield town enthusiasts in all places: thank you for the assist you have proven us and the gamers seeing that I joined the club. It’s been such a huge ingredient in the success we’ve loved.”

Wagner and the Terriers will discover their first opponents of their second PL season when the 201819 fixtures are launched at 09:00 BST, 14 June.

The news follows Huddersfield city’s appointment of their new wearing Director, Olaf Rebbe, who will be a part of the membership on 1 June.