Weekly Roundup June 17 2016

Weekly Roundup June 17 2016

Delaware Shatters Online Lottery Revenues Record

The Delaware Lottery’s internet gaming products broke a revenue record in May.  Casino and poker games won a combined $282,112.  Poker rake was $40,337, the highest number in more than one year.  Slots and video poker set a record.  Blackjack and roulette posted the lowest win since January.

New York Online Poker Bill Passes Senate

A bill that would legalize and regulated online poker in New York passed the state senate this week by a 53-5 vote.  The bill was sponsored by Sen. John Bonacic.  Assemblyman Gary Pretlow declared the bill all but dead in that chamber of the New York Legislature.  Barring a last minute push, the bill will die and New York lawmakers will need to bring the measure back in the next session.

PokerStars New Jersey Adds Zoom Poker

PokerStars launched Zoom Poker this week.  That is a fast-fold product that moves players from one table to another immediately after a fold to start a new hand.  This increases the number of hands a player can get dealt in an hour by about three times.  The limits are $.01/$.02, $.05/$.10, $.25/$.50 and $1/$2.  Online Poker Report states that most of the action is at $.05/$.10.

PokerStars is not the first New Jersey site to offer fast-fold poker.  Borgata and Party Poker also offer this platform.  There is no action at these tables.