Weekly Roundup July 18 2014

Weekly Roundup July 18 2014

California Tribe Announces Online Poker Site

The Santa Ysabel tribe in California announced this week that it would launch real money online poker.  It is currently open only for play money action.  The platform may be downloaded at PrivateTable.com.  It is the same software used by the Winning Poker Network.

The Santa Ysabel tribe is using a legal position that online poker falls under its Class II license in California.  This is not a position that is held by all tribal gaming interests.

The site FinPay.net was setup to process payments, according to the PrivateTable website.  A simple website was developed on that domain until midweek when it was taken down and replaced with an “under construction” notice.

New Jersey Online Gaming Revenues Decline in June

New Jersey online poker sites raked just over $2 million in June.  This was down 10 percent over the previous month and down over 40 percent from its peak in January.  Summer is typically a slow time for online poker.  This is due to summer vacation and the World Series of Poker in Las Vegas.  Total revenue, including casino games, was $9.5 million.  The full stats released by the New Jersey Division of Gaming Enforcement may be found here.

Ultimate Poker Banking Available at El Cortez

Ultimate Poker deposits and withdrawals are now available at El Cortez in downtown Las Vegas.  This makes the first place in Las Vegas that Ultimate Poker banking is available that is not owned by Station Casinos.  Northern Nevada added cash transactions last month.  Ultimate Poker is the only Nevada poker site that allows cash deposits and withdrawals.  WSOP.com and Real Gaming only allow cash deposits.  Withdrawals must be processed through check or echeck on these sites.

California Card Club Letter to State Representatives 

A letter signed by 25 California card clubs that spread a combined 625 tables was sent to sponsors of an online poker bill in California.  The letter showed support for online poker, while at the same time outlined a need for a bad actor clause that would keep companies that accept U.S. poker players after 2006.