Poker Junkie Hyper-Turbo: NY and Cali Up, Vegas Down, FTOPS XXV
Don't have a lot of time to read though dozens of poker headlines? No problem.
We present you the weekend's biggest stories in hyper-turbo format.
New York Looks to Legalize Online Poker
New York State Senator John Bonacic filed S 6913 on Friday, a bill that looks to exclude online poker from the state's definition of a "game of chance."
The bill calls for 10 licenses with companies paying $10 million for a 10-year license as well as 15% of gaming revenues. A bad actor clause is included in the bill.
California Tribes Speak Out Against PokerStars
Last week 12 California tribal nations released a statement supporting the inclusion of a bad actor clause in legislation making its way around the California Assembly.
The tribes look to block PokerStars from being able to enter the state. PokerStars is reportedly in negotiations with the Morongo Tribe, the Commerce Casino, the Bicycle Club Casino and the Hawaiin Gardens casino to provide online poker services.
PokerStars Rebuts - Accuses Tribes of Limiting Competition
PokerStars released its own press release on Friday essentially accusing California tribes of using their include to limit competition in the state.
PokerStars also claimed it will leave the decision on whether to include PokerStars in the hands of state legislators.
FTOPS XXV Begins - Kroko-dill Wins Event #1
FTOPS XXV kicked off on Sunday with the first of 17 events. Russian Kroko-dill defeated a field of 2,818 to win Event #1, a $215 NL Event, and earn $91,729.
Las Vegas Gambling Revenues Down 14 Percent in February
Las Vegas took in $926 million in February, down 14 per cent year over year.
The Vegas Strip was hardest hit, down 20 percent year over year. Downtown Vegas shows promise, actually up 3% to $43 million over February 2013.