Archive for February, 2012

Nevada Getting No Credit … For Now

by | Published: Wednesday, February 15th, 2012

With the imminent arrival of legalized online gaming in Nevada the issue of credit has been raised.

As it stands the practice of betting on credit is rife throughout the industry, especially in high roller markets where carrying around thousands in cash is logistically difficult.

It’s a system that works well for all parties the vast majority of the time, in fact as much as 15% of the industry runs off credit.

In many countries around the world playing poker off credit is a completely legal but for the time being that won’t be the case in Nevada.

It’s not any specific concern that worries them, more so that it’s not a high priority at the current stage of the process.

It seems they simply want to have the general framework in place and working properly before focussing on the details, such as playing off credit.

Gaming Control Board member A.G. Burnett says they will be taking a conservative approach until things get off the ground.

“My own individual take would be that I don’t think [the rule] directly stems from any past problems regarding credit,” Burnett said.

“We were taking a conservative approach on the issue, and assuming we start going forward with intrastate and someday maybe interstate, I think we always reserve the right to amend the regulations.

“So, if we were to find some comfort in allowing credit to be issued and there was an interest in doing that, we would obviously be amenable to allowing it. In my own opinion, I didn’t have any case in mind when we put that in.”

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2012 World Series Of Poker Schedule

by | Published: Thursday, February 2nd, 2012

Yesterday saw the release of the 2012 World Series of Poker schedule and there’s a couple of changes that players need to take note of.

This year there will be 61 events starting on May 27th and going through until July 16th.

Rumours of a change in venue away from Las Vegas have been squashed and the Rio All-Suite Hotel and will retain the rights.

There will be 92 more tables in action through 2012 thanks to the Brasilia Ballroom being opened up for the first time.

In fact across summer it’s expected a huge 470 poker tables will be used a big jump from the record breaking 378 from last year.

In terms of major changes these are some of the ones of most interest.

The 2012 WSOP Main Event final table will play out one week earlier than in previous years.

The US Presidential Election is due on the first Tuesday in November and as a result the WSOP Main Event final table will be split in two parts.

The nine players will be dropped to two on Sunday October 28th before going heads up on Tuesday October 30th.

The WSOP Main Event itself will run from July 7th to July 16th, three days less than previous years.

It’s coming up fast so if you’re going to get yourself there you better start brushing up on your skills!

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