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World Poker Tour Teams up with Blockchain Sportsbook

Posted on October 12, 2018October 15, 2018 by Kelley N.

The worlds of gambling and cryptocurrencies and bitcoin are colliding once again, as the World Poker Tour has teamed up with FansUnite Entertainment, an innovative new sportsbook that is powered by blockchain technology. This will be the WPT’s first foray into the blockchain market, while providing FansUnite with more exposure through a leading international poker brand.

A Multi-Pronged Partnership

We’ll be seeing FansUnite and the World Poker Tour collaborating in a number of different ways. Firstly, the two companies will be engaging in cross promotion on social media and international TV distribution will be provided to FansUnite through the World Poker Tour’s programming. FansUnite will also provide the WPT with promotional tie-ins from the Leicester City Football Club, the sportsbook’s official partner.

Another aspect of the deal will be in the introduction of “Plays of the Week”, on Super Channel’s Heads Up Daily. The show broadcasts news and features related to the eSports market, so this will be the first time the WPT will get involved with this emerging sporting industry.

As you can see, this will be a mutually beneficial partnership. Both the WPT and FansUnite will be able to expand their reach across new markets, promoting themselves to viewers who are currently unfamiliar with their products.

“The sports betting and blockchain industries continue to provide applications to the gaming world, and the World Poker Tour is proud to name FansUnite as an official partner,” says Adam Pliska, CEO of the World Poker Tour.

According to Darius Eghdami, the World Poker Tour has been on the forefront of gaming entertainment for the past 20 years, gaining instant name recognition and making it the perfect partner for the cryptocurrency-powered sportsbook. Pliska is just as thrilled with the deal, excited about introducing FansUnite to the millions of WPT fans and players around the world.

Poker and Blockchain, Working Together Once Again

This year has seen plenty of interaction between the blockchain and poker worlds. In September, the World Crypto Con at the Aria Casino in Las Vegas hosted a blockchain poker tournament. It was only the second time that the world markets interacted, after a similar blockchain poker tournament was hosted at the Blockchain World Conference.

Blockchain technology continues to be a be perfect fit as a partner in the poker market. The technology offers both online and land-based players a new way to experience their favourite game, and there is plenty of opportunity for more interaction between these two industries. The recent deal between the World Poker Tour and Fans Unite will only serve to strengthen the bond and make way for many more similar partnerships to be formed in the future.

Virtual Reality Poker Product on the Horizon

Posted on September 27, 2018October 1, 2018 by Kelley N.

Bitcoin isn’t the only new technology to take the poker world by storm. Virtual reality has also made quite the impression on poker operators – so much so that PokerStars is currently developing a new product that allows players to take part in poker games using a VR headset.

PokerStars VR

The new VR poker software provides players with the chance to play online poker games using virtual reality technology. By donning a headset, players will be able to transport themselves to unique locations and compete in cash games and tournaments with other virtual players.

Severin Rasset, Director of Poker Innovation and Operations at PokerStars, says:

“PokerStars VR is a chance for us to take this amazing technology and bring something totally unique to poker players. Poker is about interaction. It’s been bringing people together for well over a century. We’re really excited to invest in the next generation of the game and to give players the opportunity to meet in a brand new virtual reality dimension.”

There will be some unique modifications that players can make to their gaming experience. For example, they can customise the look of their 3D avatar, and they can choose to play in all sorts of interesting locations, like a yacht in Monte Carlo or an Old West saloon. They can also engage in other activities like order drinks or even throwing food at their competitors.

Currently, the technology is being tested by over 100 players around the world. It is able to use on Steam with either Oculus Rift or HTC Vive headsets. At the moment, there is no word on when PokerVR will be made available to the public.

Virtual Reality in the Wider Gaming Market

Virtual reality has been gaining ground in the wider gaming market for a couple of years now. We have seen large gaming development companies experimenting with this technology to create a wide range of immersive video games. There are puzzle games, shooters, arcade game and all sorts of different titles that use virtual reality to engage players in a brand new way.

Even the slots market has embraced virtual reality. NetEnt is one online slots developer that has been working hard to bring VR slots to life. Several of the company’s most popular games, including Gonzo’s Quest and Jack & the Beanstalk, have been given the virtual reality treatment, immersing players in the characters’ worlds while vying for the chance to win generous prizes.

While virtual reality is becoming a big hit in the larger, video game market, there is no telling how it will fare in online poker rooms and at online casinos. It will be very interesting to see how players respond to being able to play poker games and tournaments while wearing VR headsets.

First Three Online Poker Licenses Handed Out in PA

Posted on August 23, 2018August 23, 2018 by Kelley N.

It was only in July that Pennsylvania casinos were required to submit their online gambling applications, and progress is quickly being made. The first three online casino licenses have been handed out, with Parx, Mount Airy and Harrah’s being the first three venues to be given the go-ahead to launch online gaming services.

PA Poker Partners

Parx Casino is home to the biggest and most profitable poker room in Pennsylvania. So, when it comes to offering online poker services, it is likely going to be the first one to see significant success. The players that already visit Parx Casino to play poker in person will likely sign up to its online poker site.

The company that Parx will be partnering with is GAN, a UK-based gaming operator that runs a number of sites in Europe. The two companies will be working together to build an online gaming platform that will engage Pennsylvanian players. The only drawback seems to be that GAN has focused more on betting and casino games rather than poker so, from a software perspective, the other casino licensees in PA may have an advantage.

One such company is Mount Airy, who has partnered with PokerStars. Together, they will launch PokerStars PA – which will be a tough brand to compete with. PokerStars is one of the most recognised online poker brands in the world so, even though Parx is a more popular land-based venue, its online brand may struggle to captivate local players.

Finally, there’s Harrah’s, which is associated with Caesars Entertainment. As such, the company’s online poker site is most likely to operate on World Series of Poker software. Like PokerStars, this is a widely recognized brand name, so there is going to be some steep competition among Harrah’s and Mount Airy. So, Parx will have to work hard to capture a significant portion of Pennsylvania’s online poker market.

Still a Long Way to Go

While three online casino licenses have been granted, there are still six more applications in need of processing. On top of all this, the Pennsylvania Gaming Control Board will also have to vet the online gaming partners of the local casinos. So, while things are moving along quickly, it is still going to take a few months before Pennsylvania players will have the chance to play poker and other casino games online.

Once everything is all ready to go, Pennsylvania will benefit hugely from the introduction of online gambling. Licensees are required to pay $10 million for their licensing see, and they will be tax 16% on all table games and poker activities. A 54% tax will apply for slots and a 36% tax will apply for sports betting. Daily fantasy sports will be permitted, as well, with a tax of 15%.

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