Weekly Roundup October 27 2017
Online Poker and Casino Legalization Passes Pennsylvania Legislature
The Pennsylvania Legislature passed a bill this week that would legalize and regulate online poker and casino games. Language in the bill also licenses daily fantasy sports sites and includes the possibility of sports betting should the Professional and Amateur Sports Protection Act get nullified by the Supreme Court or future federal legislation.
The bill must be signed into law or vetoed by Governor Tom Wolf by November 5. If the Pennsylvania governor does not act by then, the bill automatically becomes law.
Stratosphere Acquisition Blamed for Online Poker Closure
Aces Entertainment, parent company of Stratosphere, Arizona Charlie’s and Aquarius casinos, was acquired by Golden Entertainment this week. AcePlay, the online poker product of Aces, is shuttering due to this transaction. The site never launched for real money. It held a Nevada license to do so at one point. It never went live.
Stratosphere used the site for promotions and free play games. Winners of certain tournaments won prizes that included entry to poker tournaments or entertainment passes. The site will close November 22. It has virtually no traffic.
PaiWangLuo Now Accepts Bitcoin Cash
PaiWangLuo skins Bodog, Bovada and Ignition now accept Bitcoin Cash. This is a new cryptocurrency that was created after the Bitcoin fork earlier this year. Players will need to call the poker site between 9am and 5:30pm ET Monday through Friday to complete this transaction.
PaiWangLuo already accepts Bitcoin for deposits. All skins offer free Bitcoin withdrawals. These transactions are often processed in 24 hours or less.
Golden Spade Poker Open
PaiWangLuo is in the middle of its Golden Spade Poker Open. This series offers $3 million in tournament guarantees. The series runs through November 8. The largest event has a $300,000 guaranteed prize pool. It is held on November 5 at 5:05pm ET. It has a $425+$25 entry fee. All Golden Spade Poker Open events have satellites.