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Found 9 results

  1. For the last seven years, PokerNewshas held the exclusive rights to report live from the World Series of Poker, creating a rich experience for viewers through chip counts, hand updates, live interviews, videos, podcasts, and more. But according to WSOP Vice President of Corporate Communications Seth Palansky, that relationship won't continue into the 2015 series. "There was once a day we got paid a significant amount by a third-party to provide live reporting and split the traffic," Palansky told F5Poker. "Those days are gone." He explained, however, that the situation had reversed, and PokerNews' coverage was now being subsidized by the WSOP. "PokerNews asked for a nearly 200% increase this year to do the job and we simply can't justify that expense in a traffic-sharing arrangement," he continued. "We were pleased with PokerNews' work and are sad that we won't have them live reporting the 2015 WSOP." Since the news broke, other media outlets have expressed an interest in becoming the series' new live reporting partner. But, Palansky believes the WSOP's own team can handle the reporting itself, drawing on its experience covering WSOP Circuit Events. As the WSOP's official live reporting partner, PokerNews had unfettered access to players and was able to roam the tournament area freely. Other outlets, however, were constrained to media rooms, where they competed for the attention of the newsmakers of the day. But as Palansky explained, granting PokerNews "exclusive" access had more to do with ESPN's strict contract guidelines. "We have a deal for video with ESPN that has ironclad terms; there are egress and ingress issues, fire marshal issues, tournament security issues during breaks, etc.," he said. In a thread on 2+2, PokerNews editor-in-chief Donnie Peters denied that his website had requested a big increase in pay. "The mention of a 200% increase year-on-year is not true," he said. "In recent years, PokerNews has entered negotiations with the WSOP at a price that aims to cover the costs associated with such a large project. For the upcoming year, we entered the process at the same price as 2014." While it won't enjoy the status of "official live reporting partner", PokerNews still plans to have a "meaningful presence," at the 2015 WSOP, giving the poker community "the content they want," said Peters. Palansky also revealed that viewership for live updates had dropped dramatically, with players favoring a live-stream of the action. "So, when the tournament is at its most critical point, we are confident the fans/viewers/users will have great coverage," he said. Making the switch to an in-house reporting team isn't the only change the WSOP has made for this year's series. Responding to requests by players like Daniel Negreanu to do away with the $10 million Main Event guaranteed first place prize, the company recently announced that it would drop the seven-figure guarantee and instead pay 1,000 places. Negreanu argued that this "flatter" payout structure would benefit the poker economy by distributing winnings to more players. Want the latest poker headlines and interviews? Follow PocketFives on Twitterand Like PocketFives on Facebook. You can also subscribe to our RSS feed.
  2. In recent days, word broke that PokerNews would no longer be providing exclusive live updates of the World Series of Poker. Instead, WSOP officials will take on the task of providing live updates themselves. We've heard the WSOP's side of the story from Vice President Seth Palansky. Now, PocketFives sat down with Matt Parvis (pictured), Chief Creative Office of iBus Media, which owns PokerNews, to get his take on the world of live reporting, what happened regarding the 2015 WSOP, and the future of the My Stack app. PocketFives: Talk about the financial relationship PokerNews has for covering live events. Matt Parvis: If you do a little bit of math on what it costs to send people to locations around the world with fights, hotels, meals, and a fair wage for what is quite frankly a grueling, 15-hour-a-day job, it adds up really quickly. Affiliate revenues don't cover those costs and there are no big mainstream sponsors that are able to cover it. For each event, we put together a proposal saying how much the event will cost to produce. We add in the amounts it'll cost for the backend along with things like airfare, salaries, and hotel. We have a number we work out with our partner tournaments. As part of that, they receive additional marketing like banners and sponsored blog posts. The WSOP has always been a different relationship for us than a lot of our other reporting clients because of the grandeur of the event and the history PokerNews has had in it. Hats off to Tony G – he has always been a big supporter of the WSOP and the belief that we needed to have a big presence there. If we were losing money, it wasn't quite as big of a deal to Tony on items like the WSOP. PocketFives: Does PokerNews make money off live reporting? Matt Parvis: Yes, we earn revenue, but all of that revenue goes into the product. We aren't profiteering off live reporting. PocketFives: What happened with the WSOP this year? Matt Parvis: When the WSOP became an online poker operator, we knew it would change the relationship. If you go back a few years, our WSOP coverage was sponsored by PokerStars. The WSOP was originally in a position where they didn't want to pay for coverage; news outlets would pay them. We were in a position where we didn't lose a lot of money by bringing in PokerStars as a sponsor. Over the years, WSOP began to see the value in PokerNews and our live reporting. It was one thing they didn't have to worry about. As the industry started contracting and budgets got smaller, WSOP started chipping in to help subsidize the coverage. We've always proposed to the WSOP the same essential number that it would take to cover our expenses. Our team at the WSOP is usually between 30 and 50 freelancers and employees. It's an all-encompassing production. They need to be in Las Vegas for six or seven weeks and need to be housed, fed, and paid. All we wanted to do was make sure we weren't losing money by covering the WSOP. What ended up happening in previous years is that PokerNews and WSOP would settle on a number we were comfortable with, but we'd go out and sell sponsorships to make sure we weren't the biggest loser at the WSOP. It's a big commitment and a big risk we take every year. We had to make up the difference between what WSOP paid us to cover expenses and what our expenses actually were. Last year, we were able to offer WSOP.com a sponsorship in Nevada. Being that other operators see WSOP as a competitor, it was much more difficult to obtain outside sponsorships to subsidize the rest of our costs. We came in this year wanting to make sure our costs were covered. If we couldn't get our costs covered, then we were going to take a different route. That's what ended up happening. It's something that's a little bittersweet now. We're excited that WSOP will take on this challenge themselves and we'll offer our full support. We are definitely hoping a lot of the people producing live reporting this year are the same guys and girls we've had in the past. The amount we asked the WSOP for this year to provide coverage was the same as it was in years past. The difference is what we were willing to take to cover our full costs. PocketFives: How big of an impact will the loss of exclusive live coverage have on PokerNews? Matt Parvis: I think there will be an impact, but I don't think it'll be a panic situation. We're going to have a big footprint at the WSOP. We are PokerNews and we'll still be covering it to the best of our ability. We won't have the flexibility to do live updates, but we generally do a lot outside of live reporting that helps us become a daily destination for poker players. Fans and players have a natural reaction to check out PokerNews every day. PocketFives: Will we still see PokerNews pushing the My Stack app? Matt Parvis: Yes! In the past, we have reserved My Stack to events that PokerNews was physically present at. We're hoping to release an updated version of My Stack in the next couple of weeks to make it more accessible. We want to make My Stack available to players in WPT events and mid-stakes major events, for example. It's a really fun experience when you're at a poker tournament to tell your friends and family to follow your updates on PokerNews and My Stack and we're looking to grow that. Want the latest poker headlines and interviews? Follow PocketFives on Twitterand Like PocketFives on Facebook. You can also subscribe to our RSS feed.
  3. The World Series of Poker Colossus, which starts Friday with the first set of flights, will likely go down as the largest-field live tournament in history. Reportedly, we could see as many as 20,000 entrants at $565 a pop. The tournament has a $5 million guaranteed prize pool and, after seeing a ton of buzz on PocketFives, we caught up with Caesars Interactive Entertainment Vice President Seth Palansky to give you a leg up when it comes to navigating the melee. --- Tournament Poker Edgeis the only poker training site dedicated exclusively to MTTs and features over 1,000 training videos, blogs, articles, podcasts and a dedicated strategy forum for members. Check Tournament Poker Edge out on Twitter. --- PocketFives: Can you share any pre-registration numbersand give us your expected field size? Seth Palansky: We're still loading pre-registrations in. Until that's all complete, we won't know. We need to marry people's payment with their paperwork. That'll take until Thursday and there are people who registered for multiple flights too, so it's not easy to give you an exact number. We're definitely confident this will be the largest live tournament ever held. Each flight is sort of its own animal. If you start with X people and you have a percentage of them bust in certain levels, we can add another 2,000 into that wave if it starts full. If it doesn't start full, it changes the number of entrants we can have. To reach the absolute largest field possible, we'd need to sell out every flight. PocketFives: When does registration at the Rio cage open? How about the WSOP cage? Seth Palansky: The Rio cage has been open since March 1. The WSOP cage opens on Wednesday at 9:00am. Starting Wednesday, you can only register for the Colossus at the WSOP cage. PocketFives: What can out of state players do to avoid long lines? Seth Palansky: My advice would be to try to get it done the day before you intend to play. The busiest times are going to be from 8:00am to 8:00pm. If you come during hours that are outside of those peak hours, it shouldn't be an issue. The pre-registered players are taken out of that equation as well. Your time in line is about coming prepared with the right buy-in amount in cash or casino chips, a Total Rewards card, and a valid ID. If you come to the window with all of those, the transaction itself will take 90 seconds. We're going to open the Pavilion windows for registration too. We'll have a lot of additional staff to manage lines and flow. We don't expect it to be that bad, though. If you think 50% of the field will have already pre-registered, they're all going to a will call line. That makes the registration process manageable. I think the Friday 10:00am flight will have the most people waiting for it and you'd expect the last flight to sell out. We will go online and say when a starting flight is sold out if it's selling out. We'll then say we're seating late wave 1 and give you the time that will occur. We will start these flights on time too. People should get themselves here early enough to be seated. PocketFives: Why was there a cutoff for online registration for the Colossus? Seth Palansky: You have to send your paperwork to one place and your finances to another. The finances have to go to a bank, get cleared, and then get married up with your paperwork. Unfortunately, a lot of people don't follow these instructions exactly. Also, the Memorial Day weekend meant banks weren't open, so we had to cut it off in time for Friday's start to the Colossus. PocketFives: We understand you're expecting a lot of newcomers? Seth Palansky: We're going to have more first-time players for this event than we've had in a long time. PocketFivers are versed in poker, so it'd be helpful to have your smiling faces on and support the newcomers we do get. Have a fun, jovial time at the tables. That will go a long way to help us operationally and help the game. Want the latest poker headlines and interviews? Follow PocketFives on Twitterand Like PocketFives on Facebook.
  4. Twitter has been busy on Thursday after allegations of cheating were brought against Valeriu Cocain the $10,000 No Limit Hold'em Heads-Up event at the World Series of Poker. It's important to note that Coca has not been found to be in violation of any WSOP rule thus far. --- Tournament Poker Edgeis the only poker training site dedicated exclusively to MTTs and features over 1,000 training videos, blogs, articles, podcasts and a dedicated strategy forum for members. Check Tournament Poker Edge out on Twitter. --- Connor blanconegroDrinan has been at the forefront of the issue and posted on Two Plus Two, "Our speculation is that he was using some sort of invisible ink in combination with special sunglasses." Preliminary testing by WSOP officials did not show any issueswith the cards, but further tests were planned. WSOP Tournament Director Jack Effel (pictured) Tweeted on Thursday, "We are aware, monitoring very closely w/all resources at our disposal. Those include surveillance/security, forensic examination of cards, etc… We take integrity very seriously, as evidenced by our lifetime bans, and would enjoy nothing more than catching a cheater in our midst." PocketFives contacted WSOP officials for an interview, but our request was declined. WSOP Vice President of Corporate Communications Seth Palansky told us, "There is no scandal. There is an allegation. We will conduct a thorough investigation and won't comment further until that is complete." WSOP Vice President Ty Stewart (pictured) relayed to PocketFives, "We will say we would love to catch cheat(s) + hand out justice… And we were pretty on top of this situation with every measure we have in our bag of tricks, which is not good to disclose." According to Kevin Kevmath Mathers, Coca's payout was withheld pending an investigation. The name Thang Luu came up repeatedly in discussion on Twitter on Thursday. Luu, a two-time bracelet winner, was hit with a lifetime ban from the WSOP for reportedly breaking a dealer's hand. David Diaz was banned in 2013 for causing a ruckus at a nightclub at Harrah's Las Vegas. Chan Pelton was barred from WSOP events last year after pocketing a chip during a Circuit stop in Florida. Pelton went on to win the tournament, but later forfeited his winnings. Stay tuned to PocketFives for the latest WSOP coverage, brought to you by Tournament Poker Edge. Want the latest poker headlines and interviews? Follow PocketFives on Twitterand Like PocketFives on Facebook. Effel image courtesy PokerStars
  5. On Tuesday, 888Holdings released its financial figures for 2014and among the highlights was word that a compact between Nevada and Delaware to pool online poker traffic is close to being a reality. As a matter of fact, the company said it had already achieved "successful deployment of shared poker network across states of Delaware and Nevada in March 2015, creating significant competitive edge for 888 and its operating partners." Tweets circulating in recent days, as well as chatter on PocketFives, indicate there are a significant number of questions as to what games will actually be pooled. To get responses straight from the source, PocketFives reached out to Caesars Interactive Entertainment Vice President of Corporate Communications Seth Palansky. As far as what games will be pooled, Palansky told us, "Almost everything will be linked together: cash games, tournaments, and sit and gos. But, promotions specifically for the WSOP.com player will remain exclusive to WSOP.com. Every brand in every market has to have some differentiators, especially when the software is the same." Palansky elaborated, "In Nevada, when we run WSOP satellites, they reward seats into the events at the Rio. There's no travel money, for example, but our New Jersey satellites do have travel money. When you pool Delaware and Nevada, there's no sensible way to do that. Anyone playing in Delaware will not be playing on WSOP.com; they will be playing on 888. They will be pooled with Nevada players, including those on WSOP.com, but pooling is different than everyone playing on the same site." As far as when we could see the integration actually implemented, Palansky told PocketFives, "The integration continues to move forward. Once all stakeholders receive the appropriate comfort level, we will move to begin the pooling. Things are tracking well, but there are still a lot of signoffs required." Visit PocketFives' Nevada pokercommunity and Delaware poker community for the latest news and discussion from local players. Want the latest poker headlines and interviews? Follow PocketFives on Twitterand Like PocketFives on Facebook.
  6. According to iGaming Businessand other outlets, 888 Holdings, which runs 888 Poker, has turned in a record-breaking 2014 calendar year with revenues of $455 million. That figure is up 14% over 2013 and, as outlined by IGB, "888 has announced a final dividend at 4.5 cents per ordinary share as well as an additional one-off dividend of 7.0 cents per share." 888 CEO Brian Mattingley (pictured) commented on the strong showing, "2014 was another record-breaking year for 888 during which we again delivered strong growth in revenue and profitability. This outstanding result reflects the fundamental strength of our business and the continued execution of our focused strategy. This is underpinned by our strong brands, exceptional technology, and industry-leading marketing systems." He added, "I am delighted with 888's record achievements in 2014 and I would like to take this opportunity to thank each member of our dynamic and talented team for their fantastic efforts during the year." Numbers-wise, 888's B2C revenue came in at $391 million, up 11%, while B2B revenue stood at $64 million, up about one-third. The company, according to IGB, has 17.9 million player accounts, which is up 15% year-over-year. Earnings per share were up 13% to $0.16. The company noted that the World Cup held in 2014 helped bolster its results, labeling its effect "spectacular." The company launched its Sport product in Spain last year, rolled out a mobile product in Italy, and added 13 new Bingo skins to its B2B arm Dragonfish. 888 could also benefit from a forthcoming compact between Nevada and Delaware, two of the three US states with regulated online poker. However, according to recent Tweets from WSOP's Seth Palansky, the integration might not be as deep as many people thought. Palansky said, for example, "Delaware players won't be playing in WSOP satellites even when compact goes live. You still play on Delaware site… because we have to do things in the confines of the regulations and this is what makes the most sense to all parties." Palansky told PocketFives that "almost everything will be linked together." Stay tuned to PocketFives for the latest poker news. Want the latest poker headlines and interviews? Follow PocketFives on Twitterand Like PocketFives on Facebook.
  7. The 2019 World Series of Poker got off to a roaring start. Several tournaments were up in year-over-year attendance, the Big 50 set a record as the largest live poker tournament ever held, and the first of the new Deepstack tournaments drew a wall-bursting 6,150 entries. "It's been an exceptional start to the WSOP in terms of attendance," Seth Palansky, WSOP Vice President of Corporate Communications, told PocketFives. "The confluence of our 50th edition, the overhaul in structures to add more starting chips, and slower-structured events are certainly key factors. Along with a few scheduling changes like moving back to a Friday-Saturday multi-flight start, while offering a Sunday morning event for those not fortunate enough to make the Day 2 of the big weekend event, are all likely contributors to the growth." Among the events that have drawn booming numbers are all of the new "Deepstack" tournaments, the two $1,000 Double Stack events that have taken place, the $400 Colossus, and most recently the $888 Crazy Eights. Of course, we can't forget about the $500 Big 50, the tournament that drew a whopping 28,371 entries and a set a new record for a live poker tournament. Although not apples to apples, that attendance absolutely crushed last year's turnout for the $565 Colossus that drew 13,070 entries in a similar spot on the schedule. Plenty players from the Big 50 fired in Event #9: $600 Deeptack, too, causing that tournament to absolutely shatter its $500 guarantee with a $3.228 million prize pool, and then Event #22: $1,000 Double Stack No-Limit Hold'em drew a field of 3,253 entries. This year's $400 Colossus drew 13,109 entries and bested last year's $565 Colossus that drew 13,070 entries. Yes, the buy-in was less, but the event in 2019 had four fewer starting flights with just two compared to 2018's six. Also in the mix in the early part of the 2019 WSOP schedule was the $1,500 Millionaire Maker. Guess what? That tournament had a record turnout as well, with 8,809 entries. "It's fair to say the turnouts have exceeded our expectations," Palansky said. "We were tracking well in pre-registration and more people have found our online registration system and are taking advantage of that, but it is very hard to predict who is going to show up and when they are going to show up. We are seeing a nice uptick in participation from China. We brought in a record number of unique bodies (17,970) to the Big 50, and the goal was get an influx of new players into our event early and hope that would continue to drive the series forward, this year and in the future." Palansky emphasized how having a rake-free first entry on the Big 50 helped its turnout, plus an added volume of tables available inside the Rio All-Suites Hotel & Casino. "The other factor leading to increase is just the sheer number of tables we have in play this year - 520," Palansky said. "That’s the most we've ever had. We’ve had demand in previous years but we just couldn’t make the puzzle work to accommodate everyone with all the events we spread concurrently. While we were certainly challenged with the Big 50, since then, despite large starting events and some big restarts, our increased capacity has helped us." If you add up the field sizes from the Big 50, Millionaire Maker, two Double Stack events, six Deepstack events, Colossus, and Crazy Eights, more than 93,000 entries were generated. To help put that number into perspective, the entire 2018 WSOP attracted 123,865 entries. To date, the 2019 WSOP has attracted 147,334 entries. That's 33% above the 2018 pace and a new all-time record. What Does Early Turnout Mean for the WSOP Main Event? The big question on everyone's mind now is what’s in store for the WSOP Main Event? In 2006, the WSOP Main Event attracted 8,773 entries. That's where the record stands. Attendance in the big one has increased for three consecutive years and many signs point to 2019 being the fourth consecutive year attendance rises. In 2018, the WSOP Main Event drew 7,874, which was the second largest turnout in WSOP Main Event history. "In terms of the Main Event, this year is a big one," Palansky said. "It's the 50th running of the Main Event. We've got great coverage plans between ESPN and PokerGO, so things are set up to be successful. We're pretty bad at predicting what the number will actually be. We don’t tend to see a correlation between $500 or $1,500 buy-in events and the $10,000 price point, but we hit a 12-year high in the Main Event last year, so we are optimistic we’ll be in that ballpark again this year. We have plenty of satellites being offered on WSOP.com where folks can win their way in cheap, 888poker is doing the same outside the U.S., and we've got increased satellite events planned for the Rio in late June and early July that will certainly give everyone their fair shot to participate. We also are allowing registration up to the start of Level 6 this year." If you ask the PocketFives staff, we're all bullish on the WSOP Main Event turnout. Although Palansky didn't pin down a number, it's easy to see that officials are positive with what they've seen so far in 2019 and are hopeful the rush carries over. Everyone on the PocketFives staff predicts more than 8,000 entries in the 2019 WSOP Main Event, which would be the second time it’s eclipsed 8,000 in history. "One thing for players to be aware of, particularly the recreational ones, are the dates of the Main Event," Palansky added. "For the first time, they are on weekdays. July 3-5 are Wednesday through Friday. Typically, we get weekend flights to kick things off, so we’ve got weekday and holiday this year as factors. We are hopeful that it plays into players’ favor by them taking July 4 and July 5 off work and then playing through their Day 2s on the weekend. Thus, if they are still in for Day 3 and beyond, it is a good problem to have work-wise." Day 1a of the 2019 WSOP Main Event is on Wednesday, July 3, with Day 1b and Day 1c to follow on Thursday and Friday, respectively. If players plan on coming out to play and need to take off work, the holiday and weekend should benefit them, as Palansky alluded to. Thursday, July 4, is a holiday and then many places of work will allow for Friday, July 5, to be a holiday, too. Saturday and Sunday are the weekend and then you’ll likely only need to take off Monday, July 8, for Day 3 and Tuesday, July 9, for Day 4. If you make it past Day 5 and need to adjust your plans, well, that’s just awesome and a very, very good problem to have. A couple of years ago, the turnout for the WSOP Main Event was so large that capacity was reached on the final starting flight. With lengthy registration lines and long waiting periods in some of the early events on the 2019 schedule, officials have become more aware of what this could mean for the WSOP Main Event. "We will be prepared for the Main Event," Palansky said. "Hopefully, players who play earlier in the summer are using the online and FasTrac systems or the WSOP Tournament Account option to keep themselves from any in-person registration lines. Players get a 60,000 starting stack and we’ll use big blind ante for the first time in Main Event this year, so it should be a fun, memorable event once again." The 2019 WSOP Main Event starts Wednesday, July 3, 2019 at 12 p.m. PT.
  8. In breaking news Tuesday, the World Series of Poker added a new bracelet event as part of the 2019 WSOP schedule. Starting Monday, July 8, the 'Final Fifty' has a $50,000 buy-in and makes for the 90th gold bracelet event of the summer. WSOP officials confirmed the addition of the event shortly after it hit the website and began making the rounds on social media. As it is an open gold bracelet tournament, the Final Fifty will count towards WSOP Player of the Year rankings. "I don't think it has a huge effect [on WSOP Player of the Year] because it was added in enough time," Daniel Negreanu said. "It’s not like it was added three days before. It gives people plenty of time and it’s around the $100K. Overall, I wish they wouldn’t do that, because it complicates things, but I think it should count for WSOP Player of the Year." The event is now the second $50,000 buy-in no-limit hold’em tournament on this summer’s schedule. WSOP officials informed PocketFives that the event was added after player feedback. It seems several players voiced a desire to have an additional $50,000 no-limit hold’em event later in the summer after missing the first one that took place May 31-June 3. "It’s abnormal an event gets added late in the year, but we got some feedback from players who thought [the first one] was too early in the Series and they weren’t around for it," Seth Palansky, WSOP Vice President of Corporate Communications, told PocketFives. Palansky pointed out that there is no $25,000 buy-in no-limit hold’em event on this summer’s schedule, so in a way this event takes the place of that but with a larger buy-in. "We decided to make it a $50K instead of $25K to properly close out the 50 theme of the WSOP this year," Palansky said. "The event is well positioned right before the $100K." The $50,000 Final Fifty starts Monday, June 8, and is scheduled to be a three-day event. Players start with 300,000 in tournament chips, levels are 40 minutes in length, and registration is open until the start of Day 2 with unlimited re-entry allowed. Day 2 starts June 9 at 4 p.m. PT and the tournament will use a play clock. "I have no idea why it was added," Negreanu said with a laugh. "I’m guessing because Cary Katz wanted to play a tournament." Following the newly added Final Fifty is the $100,000 High Roller, scheduled to start on Thursday, July 11. One wrench thrown into the system for players such as Negreanu is how the addition affects the $25K Fantasy league. Should the added event count or not? As things stand right now, it’s likely going to take some time to iron out a decision one way or another. "It’s a little bit of annoyance for the $25K Fantasy because we never foresaw something like this happening and there aren’t any rules that discuss what to do if events are added, although all of our rules say that every open bracelet event counts and this is an open bracelet event," Negreanu said. "My thought, as the commissioner, is that if we had a consensus to not count it then we would, but a straight vote doesn’t work because people are going to vote in their own interest. If you have a team full of no-limit guys, you’re thinking, ‘Yeah, it should count!’ If you have all mixed-game guys, you’re like, ‘No!’ We might have to take it to arbitration." Looking forward to the 2020 WSOP, Palansky mentioned the series will likely go back to having a $25,000 buy-in event in place of one of the $50,000 ones.
  9. Earlier this week, Judge Paul Barbadoro of the US District Court concluded that the Wire Act only applied to sports betting. As a result, the World Series of Poker confirmed all online gold bracelet events will be available to players in both Nevada and New Jersey. "I hereby declare that § 1084(a) of the Wire Act, 18 U.S.C. § 1084(a), applies only to transmissions related to bets or wagers on a sporting event or contest," Barbadoro wrote in conclusion. "The 2018 OLC Opinion is set aside." The new opinion came following the Department of Justice’s claim that the Wire Act applied to all forms of online gambling and left gray clouds surrounding upcoming WSOP.com online gold bracelet events that were planned to take place across an interstate player pool. With the new opinion, the cloud has been lifted, at least for now, and interstate WSOP.com online gold bracelet events are a go. Prior to Barbadoro’s opinion, players in Nevada and New Jersey were only guaranteed the ability to compete in the first two online gold bracelet events. "Yes, barring something unforeseen, we plan on continuing with shared liquidity between Nevada and New Jersey for the remaining eight WSOP gold bracelet events between now and July 14," Seth Palansky, WSOP Vice President of Corporate Communications, said when asked to confirm if players in Nevada and New Jersey would be able to participate in online gold bracelet events going forward. WSOP.com recently completed the first of nine online gold bracelet events as part of the 2019 World Series of Poker, with Event #7: $400 No-Limit Hold’em Online Bracelet being won by Yong 'LuckySpewy1' Kwon. Kwon, who is currently the #2 ranked player in New Jersey, was playing out of the Garden State for the win. The event had a field size of 2,825 entries and Kwon scored $165,263 for first place. Fifteen-time gold bracelet winner Phil Hellmuth finished in sixth place. "Wins are few and far between for U.S. online poker these days, so any positive news is met with smiles from the staff," Palansky added. "It is very hard to watch DFS and sports betting, and even marijuana, spread quickly throughout the U.S., but a peer-to-peer game like poker, which is not a house-backed game and only sees operators take a cut to facilitate the play (like DFS and sports betting) be stuck in the mud. It’s very frustrating. Globally, more than 100 million people play poker and enjoy the game and we long for the day it is spread far and wide across the U.S. and taxed and regulated like any other legitimate business. Poker requires liquidity – a pooling of a large amount of players – to offer meaningful prize pools to get consumers excited. Interstate poker on a mass scale is critical to delivering on that." The 2019 WSOP schedule includes eight more online gold bracelet events, starting with Event #24: $600 Six Handed Pot Limit Omaha on June 9. Buy-ins for these remaining events range from $500 to $3,200, with the $1,000 Championship Event taking place June 30. Remaining 2019 WSOP.com Online Bracelet Events DATE EVENT BUY-IN TIME 6/9 WSOP.com 6-Handed Pot Limit Omaha $600 3:30 p.m. 6/16 WSOP.com No Limit Hold'em Knockout $600 3:30 p.m. 6/19 WSOP.com Turbo No Limit Hold'em Deepstack $500 3:30 p.m. 6/23 WSOP.com No Limit Hold'em Double Stack $1,000 3:30 p.m. 6/30 WSOP.com Championship $1,000 3:30 p.m. 7/3 WSOP.com High Roller $3,200 3:30 p.m. 7/7 WSOP.com 6-Handed No Limit Hold'em $800 3:30 p.m. 7/14 WSOP.com Summer Saver No Limit Hold'em $500 3:30 p.m.
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