Has Poker Just Become A Solved Game?
This week, computer scientist Michael Bowling and his team from the University of Alberta in Canada stunned the poker world by announcing that they have successfully built a computer program that plays perfect fixed-limit heads-up Texas Hold’em (HULHE), and is ‘essentially unbeatable’ by a human opponent. According to Bowling, their ultimate computer algorithm, named Cepheus, […]
First German Player Prosecuted For Illicit Online Gambling
The Federal Republic of Germany maintains a monopoly on lotteries and sports wagering, whilst imposing a blanket ban on internet gambling across its 16 Bundesländer, or states. Up until now, however, the country did little to halt the thousands of Germans who regularly gamble at numerous sites online, in spite of section 285 of the […]
PokerStars Signs Indian And Japanese Players Highlighting Shifting Priorities
At a time when Pokerstars has been reducing the number of sponsored pros on its roster, the world’s largest online poker room has highlighted its changing priorities after signing two new pros from markets where the popularity of the game is still in its infancy, namely India and Japan. As a result Aditya Agarwal has […]
Ladbrokes Exits Russian Online Gambling Market
Ladbrokes has just announced it is to follow the path of a whole host of other online gambling companies in opting to pull out of the Russian market, as the company seeks to satisfy recent changes made to UK and European online gambling legislation. Ladbrokes decision comes after a regulatory review last year led to […]
2014 Winners And Losers: Dan Cates +$3.43m, Gus Hansen -$5.86m
Dan “jungleman12” Cates has been grabbing headlines in the poker world since beginning his meteoric rise back in 2008, and last year the US pro managed to win an impressive $3,437,039 playing online cash games to become the game’s biggest winner of 2014. In total, the 25-year-old has now won $11,431,304 throughout his online cash […]
Bwin.party Looks To Cut Losses After Weak 2014 Earnings
Following Bwin.party’s disappointing 2014 financial results forecast, which were accompanied by a year-end profit warning, the company has announced that it is selling its two year old social casino games division, Win.com as it seeks to restructure its business. The loss cutting measure has subsequently fueled speculation that the UK-listed gambling operator’s online poker business […]
Nevada’s iPoker Market Reaches Record Low In November 2014
Nevada’s online poker market has continued its slide since peaking at $1,037,000 during the WSOP in June, and in November a mere $641,000 in revenues was generated by the state’s two iPoker sites, according to the Nevada Gaming Control Board. That figure represents a 3.61% drop in revenues compared to the previous month, and means […]
