Categories: IndustryPoker

Weekly Poker Roundup: February 11, 2019

Partypoker Launches Diamond Club ELITE VIP Tier

Because there are high rollers for whom the highest levels of online poker loyalty programs are not enough, partypoker has introduced a new tier to its VIP program: Diamond Club ELITE. To join this tier, players must opt-in by e-mailing partypoker and then rake $200,000 during the 12-month period following the opt-in date.

There are loads of rewards for these deep-pocketed grinders. Rakeback begins at 40 percent and goes up all the way to 60 percent per week. The first cash game player and first Sit-and-Go player (80 percent of their play needs to come from one of those categories) to reach $200,000 in rake will get a 100 percent cashback top-up plus 100 percent rakeback through January 2020.

When players make it to the $100,000 rake mark, they will receive $10,000 cash and then $20,000 at the $200,000 mark. They will also be gifted a VIP package to the Caribbean Poker Party and a $10,300 seat in the December MILLIONS.

Caesars, Joseph Stiers Agree to Settlement in 2017 WSOP Ejection Suit

Joseph Stiers, the player who sued Caesars Entertainment (CEC) in June 2018 for being kicked out of the 2017 World Series of Poker, has reached a settlement agreement with the company. The only terms of the agreement that has been made public is that Stiers remains banned from Caesars properties.

Stiers’ banishment from Caesars goes back to 2014, when he was booted from Harrah’s Baltimore. He returned multiple times despite the directive to stay away, eventually receiving a ban from all Caesars properties, which includes the WSOP’s home at the Rio in Las Vegas.

That didn’t deter him from entering the WSOP in both 2016 and 2017, each time using fake mashups of his name to avoid detection. In 2017, he was among the chip leaders of the Main Event after Day 2, but during a break was spotted in the hallway and escorted off the premises. He believes he is owed not just his buy-in back, but potential prize money he would have won. Somehow, Stiers thinks that since he was able to sneak in, he should have been allowed to finish the tournament.

Online Poker Bill Introduced in New York

Long-time online poker supporter J. Gary Pretlow has introduced a bill in the New York Assembly to legalize the game in the Empire State. Pretlow has done the same in the past and similar bills have advanced in the Senate, but not much has ever come of the ones introduced in the Assembly.

As far as the basics of Assembly Bill 4924 go, there is a $10 million operator application fee right off the bat. The bill would classify poker as a game of skill to separate it from other forms of gambling. It also has no “bad actor” language and would allow for interstate gaming compacts. Of course, those interstate agreements could be in jeopardy with the Justice Department’s recent opinion that the Wire Act applies to all online gambling.

Though Pretlow been a champion for online poker in New York, he said last year that he would prioritize legalizing sports betting over poker because sports betting brings in a lot more money.

Dan Katz

Dan Katz, one of our poker experts here at GamblingSites.org, is a man with many interests. While he spends the majority of his down time hanging out with his family, he is also a self-proclaimed world-class fisherman who owns several sea vessels. Dan once caught a 70-pound marlin while fishing in the Atlantic Ocean. Although he hooks sea creatures on the daily, Dan is a big teddy bear and aims to protect nature at all costs; letting all his catches go at the end of the day.

Recent Posts

There Are More Gambling Ads in Denmark Than Ever Before

Denmark is somewhat of a pioneer in the European gambling industry. It was the first Scandinavian country to open its… Read More

October 18, 2019

Illegal Casino in Delhi Gets Raided, 58 Arrested

India is notorious for its tough laws on the gambling industry. Despite the heavy restrictions, many individuals here choose to… Read More

October 16, 2019

Gambling Punishments in Malaysia Are Getting More Severe

Malaysia has never been considered a gambling-friendly country. In recent months, gambling regulations here have significantly increased. Reports are now… Read More

October 15, 2019

Gambling Taxes in Italy Are Set to Increase

For most of 2019, Italy’s gambling revenue has increased. Unfortunately, the increase in revenue has also led to some crime… Read More

October 15, 2019

New UFC Betting Product is Officially Revealed to the Public

It appears that the world’s top mixed martial arts promotion is getting into the gambling business. A new UFC betting… Read More

October 14, 2019

Online Gambling Companies in Greece Face Higher Tax Rates

Greece is making some significant changes to its land-based and online gambling industry. The government here is working on new… Read More

October 11, 2019