Jay Juno

Italy flagLast week, figures for Italy’s total online gaming revenue were published by the Italian gaming authority — the AMMS.

These published statistics revealed Italy’s total turnover for January and February of this year to be sizeable €11.6 billion. After the first two months of last year, revenue had reached €10.02 billion. Accordingly, the figures show that in 2011 the Italian online gaming industry has seen a 15.8 percent increase when compared to the previous year.

The AMMS figures also show that Video Lottery Terminals (VLTs) have gained a high degree of popularity in Italy and have consequently had a strong influence on the Italian marketplace. Indeed, VLTs, which are essentially computerised slot machines, were only introduced in Italy in February. However, of the total €5.73 billion revenue generated in that month, a massive €719 million can be attributed to VLTs.

Bingo was the next biggest taker behind VLTs with €156 million.

The AMMS statistics once more reveal Italy to be the European leader when it comes to online gambling. And this is understandably so; Italy was the first significantly sized European mainland country to permit regulated private online gambling.

Moreover, Italy looks set to maintain its elite status. Indeed, the Italian marker could also be set to open up even further after the Italian government passed a new online gaming regulation which now permits online casino operators to offer customers the chance to play online poker and other online casino games.

eCOGRA

eCOGRA

eCOGRA (the e-Commerce Online Gaming Regulation and Assurance) is an online gambling industry standards body which assesses online casino operators and associated companies in regards to player protection, customer care, and fair gaming standards.

Since its formation in 2003, the reputation of eCOGRA has grown steadily. Indeed, many online gamers now view the eCOGRA Safe and Fair seal — which eCOGRA awards to online casinos that are deemed to meet their specific required gaming standards — as a clear signifier of a casino operator’s credibility.

Many renowned and respected brands, such as Ladbrokes, PartyGaming and 888, have all received the eCOGRA Safe and Fair seal.      

Recently, eCOGRA has been the subject of a management buy-out deal. As a result of this buy-out, the ownership structure of the industry standards body is set to change. Specifically, this new ownership structure will see eCOGRA achieve a new level of independence, since software and service providers will no longer be a part of eCOGRA’s setup.

Under the terms of the management buyout, eCOGRA will instead be run by a board of independent directors: namely, Frank Catania, Michael Hirst OBE, Bill Henbrey, Bill Galston OBE, and Andrew Beveridge.      

Beveridge, who will assume the role of Chief Executive, recently described eCOGRA’s ongoing goals as a including wish to stay at “the forefront of establishing Industry standards” and “become a major force in helping shape new gaming regulations” within those newly emerging “national or state regulatory regimes around the world.”

Poker2010 has undoubtedly been a great year for UK poker players. Certainly, many UK players have enjoyed a great deal of success in the European poker scene over the past 12 months, yet many could soon be carrying their winning form over into 2011 by collecting a Golden Aces trophy and adding a European Poker Award to their long list of victories.

Indeed, the nominations for the 10th Annual European Poker Awards — which will be held in Paris, France at the Queenie restaurant on February 13 — were announced earlier this week, and each category was populated with UK players.

Sam Trickett, Jake Cody, Theo Jorgensen, and Vladimir Schemelev are among some of the players nominated for the Player of the Year award. The Internet Player of the Year award includes online players such as Andreas Torbergsen, Patrik Antonius, Mickey Petersen, Isildur 1, and Chris Moorman, while the Rookie of the Year award will be contested between Cody, Fernando Brito, Julian Herold, Toby Leis, and David Vamplew. Either Jesse May, Anthony Holden, or Tony G will take away the Rob Gardner Memorial Award for the Poker Personality of 2010.

The Leading Lady Awards will be decided between Annette Obrestad and current EPT Champion Liv Boeree — a player who is set to make European Poker Awards history. Indeed, Boeree is the first ever woman to be nominated for the Outstanding Tournament Performance award. Her fellow nominees include James Bord, Vamplew, Cody, Fillipo Candio and Tobias Rinkemeier.

The industry-related Poker Staff Person of the Year award will be contested between Marty Wilson (Matchroom), Kirsty Thompson (EPT and UKIPT), Simon Trumper (Dusk Till Dawn), and Thomas Kremser and Gerard Serra Retamero of TK Events.

The awards ceremony will also see a Lifetime Achievement Award bestowed on a long-serving member of the European poker scene.

US flagCertainly, voters will consider economics, rather than online gambling, to be the key issue of today’s mid-term elections. Yet, the fact that the fate of the HR 2267 bill will be dictated by the result of today’s elections does mean that the regulation of the U.S. online gambling industry could be strongly affected by the mid-terms results. Moreover, economic issues themselves may also ultimately play a role in determining the HR 2267 bill’s future.

The HR 2267 bill, which was originally introduced by Congressman Barney Frank, a Democrat, is a proposed piece of legislation which aims to reverse the Unlawful Internet Gambling Enforcement Act (UIGEA), introduced by the now-retired Bill Frist, a Republican, in 2006.

Commentators believe that the chances of the HR 2267 bill progressing will be far greater if there is a Democratic, rather than a Republican, majority in the House of Representatives. Current mid-term forecasts, however, predict that the Republicans will regain a slight majority. If this is the case, many believe that the bill’s window of opportunity will shrink.

Gaming Analyst Steve Schwartz said: “The only chance that the online gambling laws change in the next couple of years is if it happens during a lame duck session in Congress. A Republican-lead House will not overturn the work of a former Republican congress.”

Yet the fate of the HR 2267 bill may not be as set in stone as Schwartz’s comments suggest. To be sure, there are a number of politicians who have publicly voiced their support of both bills; however, there are many other politicians who have yet to support or oppose either Frank’s bill or Frist’s Act.

The $42 billion USD tax revenue which a regulated online gaming industry is predicted to generate over the next ten years could potentially strongly influence the way in which these politicians ultimately vote. Indeed, since government funds are currently low and in serious need of restocking, politicians who are currently undecided may influenced by financial, rather than social, considerations. Accordingly, they may vote in favour of a pro-gambling HR 2267 bill which potentially offers such a large amount of tax revenue.

Certainly, then, a House of Representatives with a Democratic majority is preferable for the gambling industry. However, should the Republicans, as predicted, regain a majority, those in the industry will still remain hopeful that the HR 2267 bill will be passed.

WSOP

WSOP

The major highlight of famous events that took place in Africa this year will be the soccer world cup that took place over the summer in South Africa, which was the first time the world cup had been hosted by an African country. Another famous competition which visited Africa for the first time this year is the World Series of Poker competition that is ongoing at the moment. The WSOP tournament comes off at the Johannesburg-based Emerald Resort and Casino.

There will be two main competitions going on i.e. the PLO tournament worth $1,100 which took off on Monday and the NHLE event that took off on Thursday October 28 with $5,000 as the prize money for its winner. Another tournament was held on Thursday to support charity and was sponsored by Gus Hansen who was a participant in the NHLE event. Participants of the charity event were required to purchase $287 dollar tickets and those who increased their stakes to $502 were seated at the same table as Hansen.

Winners of the competition will have Circuit Series competition Gold Rings as awards even though the tournament is authorized by WSOP. No one will also be handed POY points from the WSOP Circuit Series.

Many more African countries will be benefitting from poker tournaments should everything work out well in Johannesburg. Many of such tournaments have been held in Marrakech, Morocco since 2008.

Lawmakers in Kentucky are now scrambling to pass a bill aimed to expanding the current gambling laws in the state right now. They may be running out of time but some congressmen and senators are still trying their best.

Representative Harry Moberly wants to install electronic gambling machines in horse racetracks. He may already have the support but it is not enough to push through with the bill.

Senator Damon Thayer is more ambitious in his plans to totally amend the current laws governing gambling. Just like Rep. Moberly, Sen. Thayer also wants slot machines at horse racing venues, but he just could not get the support he needs.

Governor Steve Beshear is also a proponent of gambling in his state, but lawmakers do not have much time. All legislations should be passed within three weeks and if they ever will, there is also not much time in debating about it.

Racetracks in Kentucky have been producing less and less revenue over the last few years. The state lawmakers are hopeful that with the installation of slot machines, the state’s income from horse racing can significantly increase.

Another casino is now online, this time brought to you by Harrah’s Interactive Entertainment. They recently “soft launched” their long anticipated casino, which has a very recognizable face on it.

The new online casino is called Caesar’s Casino Online, and has the very familiar black and gold Caesar’s branding.

Powered by Dragonfish software, the online casino offers a variety of games, including blackjack, video slots, video poker, three-card poker, Caribbean poker, craps and roulette.

Currently, Caesar’s Online Casino is not accepting any U.S. or German players. Users from those countries who attempt to access the site are redirected to an general information page on Harrah’s physical casino properties.

The casino is also offering a loyalty points program based on the amount of wagering. Harrah’s did not say if this program will be tied into the Harrah’s Total Rewards Program.

Upon a visit to the casino are you inexplainedly drawn and then hooked by the slot machines? Well, guess what? Now it will be even more difficult to pull yourself away from those slots because of a new technology called Portalvision. This innovation allows slots players to bet on horse racing and to swict games without ever leaving the machine. Wow!

The casinos already bank on the thought that players spend more time on slots, because of course that’s more revenue. But the casinos are not the only benefactors from the new Portalvision. The player also benefits by having the ability to bet the horse races and to never leave the machine. The new platform would allow the player a separate portion of the screen where there would be options to either view or bet the horse race while still playing the slots.

Portalvision has not reached all casinos yet, but it will. It is currently being tested inmany markets to make sure that customers find it to be enjoyable as well as useful.

In many games of poker you play, you will find that in a large number of them the “kicker” is the determining factor. But a lot of poker players don’t even think too much about their kicker card until they are on the losing end of a hand that is won by a top kicker hand. A very important thing to remember is to always consider your kicker when deciding to play a hand.

A “kicker” is the card which is unpaired in your hand. It determines the winning hand in the event of a tie with equal pairs. For example, if a pair of Aces was the winner, and you had Ace/King, and the other person had Ace/Jack, your King kicker would beat his Jack.

The Ace May be Weak

A commonly held belief is to play any Ace without giving consideration to the kicker. If you chose to play an Ace with a weak kicker, this is called playing a “weak Ace.” For example, if you make a play with an Ace/6 hand, and an Ace flops, you could still lose because of the weak kicker card.

If anyone else has an Ace, your chances of being the winner in the hand is not good. For someone else holding an Ace to lose, they would have to have a 5, 4, 3, or deuce for you to win against another Ace hand.

The Kicker Pairs Up

The odds are even to pair either of your cards when the flop comes. If you paired the kicker, for example, a six, you would have a small pair with an Ace kicker. However, if you chose to play a single Ace with a bigger card there could be situations where you would be better off pairing your kicker and not the Ace. For example, if you held an Ace/Queen, and the highest flop card is a Queen, you would now hold top pair with the highest possible kicker. Other players holding a Queen would surely give you action with a flop such as this. You could also gain action from opponents holding a solo Ace and are seeking another Ace on the turn or the river. Even if they do, you would win with two pairs.

When you are playing and notice someone who always plays an Ace without giving importance to the kicker, you can always beat them if you only play your Ace with a strong kicker. Many players won’t fold a pair of Aces with a weak kicker even though they should. This type of player will call you all the way through to the river, only to be defeated by a strong kicker.

Use Caution With Blinds

For the players in the Big Blind, they can many times find themselves with kicker problems when they achieve top pair in a flop but have a weak kicker. Many players in tournaments are eliminated when they face this predicament. The players moved all-in with the top pair, and were then defeated by someone with the better kicker. Stop and think about your kicker before you make this play.

Always Fold Weak Hands

You should know that the best way to not get beat holding a weak kicker is not to play the hand. Fold it. Learning to fold a bad hand with a weak kicker is essential to a winning strategy. Beware when you get top pair on the flop from the blinds with nothing as back up. Be alert to the potential pitfalls that can happen by small kickers . This will greatly improve your percentage of winning hands.

The Las Vegas Sands Corporation has plans to restart construction in January 2010, on its multibillion dollar Macau gambling resorts, after the work was suspended last year. The suspension was due to a financial crunch.

The Sands hopes to earn about $3 billion dollars from an IPO for shares in its casino operation in the small enclave of southern China, which happens to be the largest casino market in the world.

The Sands will use $500 million to renew construction on the casino and hotel projects. The company has a goal to employ about 12,000 workers. When construction was halted, about 11,000 workers were laid-off last year.

The multi-faceted project, which includes not only casinos but Shangri-La and Sheraton Hotels, was stopped late last year when the company struggled with an unexpected shortage of cash which was attributed to the current financial crisis and massive debts accumulated by the Sand Corporation.

According to Sands chairman Sheldon Adelson, his vision is to convert a part of Macau into a Las Vegas Strip with Chinese style. The current resort projects will bring that vision to light. The resort will include a mix of casino action, shopping, various forms of entertainment as well as conventions and other events.

Shares for the new Sands project should begin selling November 30, on the Hong Kong Stock Exchange.

The first IPO for an American casino company in Macau came from billionaire Steve Wynn last month, with an initial pricing of $1.6 billion.

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