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 Laxalt: The Lex Luthor of Nevada and poker online




Laxalt: The Lex Luthor of Nevada and poker online
Published: 2018-03-15

Uncertainty starts to absorb the gambling industry since the moment when Adam Laxalt announced that had filed paperwork seeking to become the Nevada’s 30th governor this fall.




Laxalt trough his time in the political background has signaled his opposition to Las Vegas casinos, including the offering poker over the internet to people within the state’s borders.

The controversial anti-regulated online gaming Nevada attorney general has officially thrown his hat into the ring for governor. He would replace Gov. Brian Sandoval, who has been at the helm since 2011.

Sandoval, a former state gaming regulator, was the man to sign the online poker legislation in Nevada, and he also brokered online poker liquidity sharing deals with Delaware and New Jersey, all in an effort to grow the regulated online poker market. READ HERE: NEVADA UNCLAIMED WINS COULD EVEN CASINOS PRODUCTION IN ONE QT

MGM Resorts strongly opposed Laxalt’s position as well. The casino operator said that Laxalt’s views placed him “against the gaming industry in Nevada.”

In 2015, Laxalt said he would support plans at the federal level to “restore” a decades-old law in order to effectively ban online casino gaming nationwide.

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London to host the richest poker event ever 

Laxalt: The Lex Luthor of Nevada and poker online

London is set to play host to the richest poker tournament ever held, when the Triton Million Helping Hand for Charity event takes place on August 1-3 with a £1.05m entry fee.

Encapsulating a £1m buy-in accompanied by a £50,000 charity donation, the flagship event of the Triton Poker Super High Roller Series is to be held in the Grand Ballroom of the London Hilton on Park Lane.

 


The only way to secure participation is either to be invited directly by Triton Poker or to be an invitation holder’s nominated guest, with invitees permitted to invite one individual to join them at the series.

A number of multi-millionaire businessman and poker professionals have already confirmed entries, including Triton Ambassadors Tom Dwan and Jason Koon as well as David Peters, Rui Cao and Bryn Kenney, who boast combined winnings in excess of £100m.

Among the recreational players who have already accepted an invitation to play are Hong Kong investor Stanley Choi, Dusk Till Dawn founder Rob Yong, 1978 World Series of Poker Main Event champion Bobby Baldwin and American entrepreneur Rick Salomon along with Triton co-founder Paul Phua.

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California cardrooms celebrating victory in ongoing fight with gaming tribes 

Laxalt: The Lex Luthor of Nevada and poker online

US District Court Judge John Menendez handed California cardrooms a significant win in their ongoing fight with the state’s tribal casinos.

On June 18, the US District Court for the Eastern District of California dismissed a lawsuit filed by three California Tribes (Yocha Dehe Wintun Nation, the Viejas Band of Kumeyaay Indians and the Sycuan Band of the Kumeyaay Nation) against the State of California and Governor Gavin Newsom.

 

At issue is California’s cardrooms offering traditionally house-banked card games like blackjack and baccarat. The cardrooms argue that because the games are player-dealt and because they have no stake in the outcome (the house simply collects a fee per hand as it does at poker tables), these aren’t house-banked games.

The state’s gaming tribes have long objected. California’s gaming tribes have pointed to several aspects of the arrangement they believe violates the exclusivity clauses of their compacts with the state.

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How is the WSOP performing with the online issue 

Laxalt: The Lex Luthor of Nevada and poker online

Four of this year’s World Series of Poker online bracelet events are in the books. That’s the total number of events we witnessed last year, but only midway through this year’s WSOP.




The new events didn’t perform quite as well as might have been hoped.

Since the $400 opening event managed to produce a seven-figure prize pool, that would have seemed to be a reasonable target for the $500 Knockout and $600 Turbo Deepstack.

The Knockout drew only 1,224 entries and produced a prize pool of only $656,640, but its lack of re-entries easily excuses that. Without re-entries, the opener would have only had a $707,000 prize pool. From that perspective, event No. 38 didn’t underperform too badly.

The Turbo Deepstack, for its part, drew 1,767 entries and produced a $795,150 prize pool.

It’s hard to evaluate these events because they’re new and because both feature a nonstandard format.

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North Carolina night´s will be just for charity  

Laxalt: The Lex Luthor of Nevada and poker online

The North Carolina General Assembly, while it weighs whether it will open for sports betting in the state, has hit the green light for charitable “casino nights” in the state.




This action will allow several “acts of gambling” like blackjack, poker, roulette and other table games to be played, if it is raising money for charity.

The new regulations even allow for one of the things that was supposedly be a taboo at these events, the availability of alcoholic beverages.

The passage of the bill regarding “casino nights” for charity in North Carolina isn’t the only signal that there has been a thawing of the mood regarding gambling in the state, even though moves with charitable gaming and sports betting are moving forward, that any other live or online activities are being considered. Thus, players will have to hope that the sports betting option comes home at some point this year and work for some other options in the future.

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An indirect crack down for poker platforms by Apple 

Laxalt: The Lex Luthor of Nevada and poker online

Last week, Apple announced that it would no longer allow gambling apps to be built using embedded HTML5 code, instead requiring such apps to be built in native iOS code that would have to be approved by the company before it any such apps could appear in the App Store.




The new ruling doesn’t impact all apps. Instead, it is part of a new guideline that seems specifically targeted at certain kinds of monetary transfers.

Such a ruling is likely to cause trouble for a range of online gambling operators. Not only are most modern casino and poker platforms built in HTML5, which means many apps in development might have to be scrapped, since they won’t pass muster under the new rules, but the timeline given to existing apps may not be long enough for operators to confidently port their programs over to iOS code, which could lead to some apps disappearing in September.

Apple has been having trouble policing illegal gambling apps in many jurisdictions for some time, so a crackdown was expected.

Since many serious poker players utilize a desktop or laptop computer for long sessions of multi-tabling, poker might see the least disruption from this policy change, though making life harder even for a small number of casual players isn’t ideal for the US poker scene at the moment.

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