While it seems likely that ePassporte is pulling out of the U.S. market, there is still a glimmer of hope for American online poker players. Yesterday, rumors began swirling that the money transfer service ePassporte would no longer be able to serve U.S. customers, which seemed ��...full article
While it seems likely that ePassporte is pulling out of the U.S. market, there is still a glimmer of hope for American online poker players.
Yesterday, rumors began swirling that the money transfer service ePassporte would no longer be able to serve U.S. customers, which seemed to be confirmed by Cake Poker. That site was telling players through their cashier screens that ePassporte could not be used in the U.S.
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WPT stock continues nosedive
Stock prices are down to just $1.53 for the World Poker Tour (WPTE on NASDAQ), according to pokerkingblog.com; that is less than a tenth of the price it sold for just three years ago. The company, once valued at more than $700 million, is now valued ��...full article
Stock prices are down to just $1.53 for the World Poker Tour (WPTE on NASDAQ), according to pokerkingblog.com; that is less than a tenth of the price it sold for just three years ago.
The company, once valued at more than $700 million, is now valued at around $30 million at its current stock price.
According to a recent entry on the blog:
The worst part of all (for WPTE management) is that no one seems to care about the stock. The stock had just 4,500 shares of volume today, and hasn’t traded more than 10k shares in the past two weeks. This is a far cry from 2005, when the stock would easily average more than 300k shares of volume per day. There are no “big” analysts covering the stock, and investors couldn’t seem to care less. WPTE seems to be marching towards penny stock status, and the company isn’t doing much to help with its declining revenues and consistent quarterly losses.
The blog goes on to theorize on the reasons for the company’s fall, from competition from other poker television shows to the end of the poker “boom.”
Trump: No A.C. smoking ban
Earlier this week Donald Trump came out vehemently against the proposed smoking ban in Atlantic City that is being considered by the city’s council. Trump, who obviously has a vested interest as a casino owner in the city, has threatened legal action if the ban is ��...full article
Earlier this week Donald Trump came out vehemently against the proposed smoking ban in Atlantic City that is being considered by the city’s council.
Trump, who obviously has a vested interest as a casino owner in the city, has threatened legal action if the ban is adopted.
According to a story at the Press of Atlantic City’s Web site:
“It’s a sad day for Atlantic City,” Trump said in an interview Thursday. “It puts Atlantic City at a huge competitive disadvantage with casinos in other states.”
Trump’s comments came the day after City Council unanimously introduced a measure that would outlaw smoking on the casino floor beginning Oct. 15, but would allow customers to smoke in lounges away from the slot machines and gaming tables. The ordinance, scheduled for a final vote in two weeks, would abolish the limited casino smoking areas currently allowed under the city’s “75-25″ law. Smoking is permitted on 25 percent of the casino floor under the partial smoking ban, now a year old.
Trump is a nonsmoker in his personal life.
Trump’s pitch against the smoking ban is a bottom line issue — he has warned that the ban could mean millions in lost revenue, which would also mean lost tax revenue for the state of New Jersey.
'A Weekend with Daniel Negreanu' Announced
Daniel Negreanu has announced a special treat for well-heeled players looking for some high-end, personal poker instruction. Negreanu's 'A Weekend with Daniel Negreanu' seminar has been set for August 8-10, 2008, and bills itself...
Deal To Be Released April 25
The next poker movie, Starring Bret Harrison; Burt Reynolds and Shannon Elizabeth, to hit the screen will see a limited release on April 25th.
Along with a slew of cameos, Antonio Esfandiari; Joe Hachem; Phil Laak; Chris Moneymaker; Greg Raymer and Vincent Van Patten are some of the big name poker players to be credited as playing themselves in the film.
No poker movie, since the release of Rounders in 1998, has been able to come close to truly capturing the essence of the game. Deal has already been reviewed as "The best poker movie since Rounders", "The real deal" and "Captures the poker world like it is" by some of the Poker stars to have rolls in the movie.
I'm not sure that people who have parts of the movie are the best, unbiased, source for a review, but I will hold off on any judgment until after I see the film.
The plot of Deal is as follows: As an ex-gambler teaches a hot-shot college kid some things about playing cards, he finds himself pulled into the world series of poker, where his protégé is his toughest competition.
It sounds like a solid pitch, as the same plot formula worked rather well in the 1986 film The Color of Money starring Paul Newman and Tom Cruise. (The Color of Money also has John Tuturro as part of its cast, better known to you as "Joey Knish" from Rounders)
I look forward to seeing if this movie can come through with a real, accurate and entertaining view of the poker world, or if it will fall flat like another recent film which didn't get so lucky.
Watch the trailer on the movies official website http://www.dealthemovie.com/
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