Author: John Mehaffey

March 2017 US Offshore Online Poker Payment Processing Report

March 2017 US Offshore Online Poker Payment Processing Report

Most of the U.S. online poker sites improved or remained steady over the past month.  There was one notable exception.  The Winning Poker Network appears to be having some processing issues.  Bitcoin withdrawals slowed to its lowest point since Winning Poker started using it as currency.  There are also reports of checks bouncing.  This may […]

Weekly Roundup March 10 2017

Weekly Roundup March 10 2017

Black Friday US Attorney Fired By President It is the end of the road for Preet Bharara, the US Attorney behind the Black Friday indictments.  President Donald Trump’s administration asked for resignations from Bharara and 45 other US Attorneys.  Bharara refused.  He was ultimately fired by the Oval Office. Bharara is best known in the […]

Over 20 Las Vegas Poker Rooms Have Closed Since 2012

The Las Vegas poker market is in decline.  There have been 21 poker room closures since the beginning of 2012.  Some were located at major resorts, while others were small rooms in casinos that cater to locals. In addition to the 21 poker rooms lost in Las Vegas since 2012, Monte Carlo will close its […]

Weekly Roundup March 3 2017

Weekly Roundup March 3 2017

No Movement in Scott Tom’s Black Friday Case Scott Tom, former co-founder of Absolute Poker, is residing at a home owned by his father in Las Vegas while awaiting a settlement to his Black Friday case, according to a report from FlushDraw.  Tom is accused of facilitating illegal online gambling payments and other charges related […]

February 2017 US Offshore Online Poker Payment Processing Report

February 2017 US Offshore Online Poker Payment Processing Report

Cashout times remained similar to last month at most U.S.-friendly poker sites. This is good news as the Super Bowl demand can sometimes strain processing resources at offshore sites. At this point, that has not happened. The widespread use of Bitcoin is a likely reason for that. The big news in the past month is […]

Weekly Roundup February 11 2017

Weekly Roundup February 11 2017

Bodog Poker Network Acquired Bodog announced this week that it sold its poker network. The buyer is a company called PaiWaingLuo. The company is based in Hong Kong. The network will be called the PaiWaingLuo Poker Network. This sale does not appear to have any material effect on existing players with one exception. The poker […]

January 2017 US Offshore Online Poker Payment Processing Report

January 2017 US Offshore Online Poker Payment Processing Report

U.S. offshore sites cashout speeds improved drastically since our last report in November 2016. This is due to the growth of Bitcoin use among American online poker players. In fact, many sites have few reports from any other method. The speed and convenience of Bitcoin deposits and withdrawals is leaving checks and bank wires obsolete. […]

weekly poker roundup

Weekly Roundup January 13 2017

Winning Poker Network Changes VIP Program The Winning Poker Network made a major change to its Elite Benefits VIP program. Players will now earn rake based on the amount of money they put in the pot. This is called the weighted contributed method. This is what nearly all other sites use for rakeback and VIP […]

weekly poker roundup

Weekly Roundup January 6 2017

Two Plus Two Poker Forum Hacked The Two Plus Two poker forum was hacked early last month. The discovery was made recently by the company. All posters must immediately change passwords if it has not been done since the hack. Anyone with an account at Two Plus Two should change any identical password at other […]

November 2016 US Offshore Online Poker Payment Processing Report

November 2016 US Offshore Online Poker Payment Processing Report

US online poker speeds remained steady over the past month.  Bitcoin remains the number one choice for American online poker deposits and withdrawals.  It is nearing a point where there are few reports of withdrawals by any other methods at some poker sites.  Bank wires, cash transfers and debit cards are not used by most […]