Weekly Roundup September 4 2015

Weekly Roundup September 4 2015

888 Drops Bid For bwin.party

888 was recently outbid by Sportingbet’s parent company GVC.  The £1.1bn bid, or 130p-a-share based on Thursday’s stock market closing price, was about 10 percent higher than 888’s last effort.  Brian Mattingley, CEO of 888, says that his company will no longer compete for bwin.party.  888 has backed out of the bidding war.  This should help speed the process of closing the sale.

PokerStars Fantasy Site Leaves Michigan

The PokerStars daily fantasy sports site known as StarsDraft decided to leave the Michigan market.  New Michigan players are not accepted.  Existing ones have 120 days to cease action. This announcement came one day after the announcement from the Michigan Gaming Control Board that the activity may not be allowed under state gaming laws.  StarsDraft is a rebrand of Victiv, a daily fantasy sports company recently acquired by Amaya Gaming.

WSOP.com Now Accepts Paypal in Nevada

WSOP.com, the only viable legal online poker room in Nevada, now accepts Paypal for deposits.  Paypal is the largest ewallet in the country.  Virtually any person that has bought something off Ebay has an account.  Paypal accepts many deposit oprions not already available at WSOP.com.  Bank transfers are also available for funding Paypal, but WSOP.com also accepts electronic checks.

Paypal is not yet a withdrawal option.  It is unclear if it will in the future.  Paypal will be rolled out at New Jersey online gaming sites under the Caesars Interactive umbrella in the coming weeks.

Borgata Poker Reload Bonus

Borgata Poker is offering a reload bonus in New Jersey.  Players can receive a 100% up to $300 reload between now and 11:59pm September 7.  The bonus releases in five equal increments and expires on September 25.  The bonus return equals 20% rakeback.