Monthly Archives: November 2020

Doug Polk Bounces Back, Dominates Session Against Daniel Negreanu

Daniel Negreanu’s winning ways against Doug Polk came to a screeching halt on Friday. The GGPoker ambassador not only lost more than $200,000 over two hours, he lost his grip on the overall lead. Even so, he’s only down a small bit.

Doug Polk regained his lead over Daniel Negreanu on Friday. (Image: YouTube)

Negreanu opened the challenge with a six-figure win on PokerGo during the only live poker session. As soon as the competition shifted to the internet on WSOP.com, Polk took over and crushed it for a $387,000 profit over two days.

Then, the former PokerStars ambassador flipped the script. He went on to win four of the past five sessions and was up $179,363 heading into Day 9 on Friday. Heads-up poker at high stakes is a wild and crazy game, however. So, during Friday’s match, Polk flipped the momentum back in his favor with a dominating performance leading to a resounding victory.

Flashback Friday: The Beginning of the Polk-Negreanu Feud

Daniel Negreanu and Doug Polk’s feud didn’t begin with the “More Rake is Better” trash talk. It actually started a few years prior, back in 2014. And it all started with a petty little dispute that turned into something much bigger.

Daniel Negreanu and Doug Polk have been feuding ever since 2014. (Image: WSOP.com)

The poker masters are currently in the midst of a lengthy high-stakes heads-up battle. Perhaps, it will finally put an end to the longstanding feud that began six years ago. Or, maybe not. Time will tell.

Negreanu entered Friday’s session with a lead of more than $170,000 in the heads-up challenge. They’re still in the relatively early stages of the match. So Polk, who entered as a heavy favorite, still has plenty of time to erase that deficit and win by the massive amount most projected.

Denmark’s online casino, betting declines as retail reopens

Denmark’s gambling market bucked the global trend in Q3 as its online casino and sports betting revenue declined while land-based gambling improved.

Figures released Friday by Denmark’s Spillemyndigheden regulatory agency show locally licensed gambling operators generated revenue of DKK1.53b (US$244.2m) in the three months ending September 30, a 4.9% decline from the same period last year but a significant improvement from the DKK1.16b generated in Q2 2020.

Land-based casinos were the only vertical to post annual growth in Q3, a healthy 6% rise to DKK87m, while the nation’s slots halls were basically flat at DKK334m. Apparently, the pandemic lockdown created some pent-up demand amongst technophobic Danes, so it will be interesting to see if this trend is more than just momentary overcompensation. 

Online casino revenue slipped nearly 2% to DKK555m, with slots accounting for 74% of this sum, up around 1.6 points year-on-year. Roulette claimed nearly 10% while blackjack took a 7% slice. Desktop computers continue to fall out of favor with casino players, falling 4.5 points year-on-year to 40.4% in terms of stakes.

Sweden’s Q3 online gambling record, XC Gaming fined for bonus offers

Sweden’s online gambling market posted only a modest revenue gain in the third quarter, while the local regulator has spanked yet another operator for violating bonus offer rules.

Figures released Friday by the Spelinspektionen regulatory body show Sweden’s overall gambling market generated revenue of just over SEK6b (US$700.5m) in the three months ending September 30, a gain of only 1.3% from the same period last year and 2% higher than Q2 2020.

Swedish-licensed online operators reported revenue rising 5.8% year-on-year to SEK3.7b, beating Q1 2020’s previous market-best by a mere SEK33m. The lottery and slot machine operations of the state-run Svenska Spel had an even better quarter, rising 7.7% to just under SEK1.5b, the segment’s best showing this year.

Spelinspektionen said it had no concrete figures for how much revenue was generated in Q3 by internationally licensed online gambling operators serving Swedish customers without local permission. However, Swedish-licensed operators believe the new pandemic limits on online casino deposits and bonuses have driven a lot of traffic to these international interlopers.