Category Archives: Gambling

Tom Dwan Reveals His Short Deck Strategy in Latest Interview (VIDEO)

Tom Dwan has provided more insights into the way he approaches poker and what’s helped him become of the game’s most successful pros.

Tom Dwan has given fans an insight into his mindset and the way he approaches short deck poker. (Image: Wikipedia/Casino Connection)

Much like Phil Ivey has done in recent weeks, Dwan has opened up in front of the camera for Poker King.

In his latest chat with fellow pro Nick Schulman, the man known as Durrrr gave his take on short deck poker and how he thinks about strategy (see video below).

New Laws Make Online Poker Illegal in Indian State of Tamil Nadu

Online poker has been outlawed in the Indian state of Tamil Nadu, despite a recent court order proposing regulation of the industry as a viable alternative to prohibition.

Following a ruling by the Madras High Court, the government of Tamil Nadu has made online poker illegal in the state. (Image: India.com/ANI)

The status of online poker in the region has been under scrutiny for some time. Petitions to ban online gambling have been the subject of debate inside Madras High Court for almost a decade.

Delays and postponements have dragged the debate on for longer than necessary. However, things came to a head recently after two men, reportedly, committed suicide because of gambling debts. As such, Madras High Court pushed the agenda earlier this month.

iGaming, mobile sports gambling prove their value to the industry

It’s possible that more than a handful of lawmakers are now wishing they had listened to common sense and not certain backers when developing legislation for online and mobile sports gambling. COVID-19 has proven that iGaming and mobile gambling options are able to provide a much-needed source of revenue for state and local governments, where the activity is authorized, while the retail gambling market continues to drop. Based on recent analysis by H2 Gambling Capital, particularly in the US, legalizing mobile gambling alternatives has proven to be a lifesaver for government budgets.

During the recently-held Sports Betting USA Conference, H2 Director David Henwood shared some insights into how mobile wagers are helping to shore up an otherwise unstable industry. Overall, global gambling revenue has dropped by 26% this year, with retail gambling taking a 39% hit. To put this into perspective, these figures represent the levels, in terms of gross gambling revenue (GGR), that were seen a decade ago.

However, online gambling and iGaming only suffered a decline of 7% during the same time, and will account for 20% of all gambling activity by year’s end. Henwood explains, “The good news is we believe [the gambling industry] will bounce back, primarily because of the phenomenal rise in the percentage share of online, which in the space of a few months has jumped from 13% of all gambling revenues [pre-COVID] to 19% – possibly reaching 20% by the end of the year.” This is putting iGaming GGR on track to reach $1.4 billion, according to H2’s analysis.

Sports gambling has always been seen as a means to attract substantially greater amounts of revenue and the states that have embraced the activity are finding out that there’s merit to that argument. There are now about 19 states that have regulated sports gambling markets, with several more to be added within the next couple of years after they recently approved legislation for the activity. In addition, more states will join, and there could be as many as 40 included within two to three years.

Governor Sisolak Puts New Capacity Limitations on Nevada Businesses

Nevada Governor Steve Sisolak issued new capacity restrictions and limitations for businesses, and that will impact live poker in Las Vegas. The Democratic politician who he himself tested positive for COVID-19 is desperately trying to curb the spread of the novel coronavirus.

Nevada Governor Steve Sisolak is in a no-win situation. (Image: Las Vegas Review-Journal)

On a positive note for the live poker scene in Sin City, poker rooms aren’t being forced to close. That means you can still play cards if you’re in town. But you had better be prepared for lengthy wait times especially at the busiest poker rooms such as Venetian, Aria, and Bellagio.

Sisolak finds himself in a no-win situation given the current state of affairs in the Silver State. If he doesn’t take action, many will rip on him for refusing to do enough to stop the spread of COVID-19. But if he forces businesses to close, others will bash him for destroying the state’s economy. Such is the case in these trying times for the Nevada governor. Or, any governor in the US, for that matter.