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    Daily Gambling News Update | Thursday, January 12, 2012

    Posted by Quad Jacks March 14, 2012

    THURSDAY, JANUARY 12, 2012: Epic Poker League partners with The Poker Channel, boasts “incredible success.” MGM Resorts joins Massachusetts casino race. Ohio lottery director shows interest in online gaming.

    Epic Poker League partners with The Poker Channel, boasts “incredible success”: Neither the Epic Poker League nor its parent company Federated Sports + Gaming has issued any official response to yesterday’s report, first broken by Wicked Chops Insider, that the League was in negotiations to be acquired by Las Vegas-based casino company Pinnacle Entertainment, due to what Wicked Chops and others are alleging is a financially uncertain future for the League. Instead, the League has announced today, via press release, that it has partnered with European-based The Poker Channel to transmit its Season I programming to the +30 countries which the Channel reaches.

    In the lengthy press release, praises are elaborately sung for the Epic Poker League, FS+G, The Poker Channel, the Heartland Poker Tour, Global Poker Index and even the Palms Casino Resort. Chris White, the Director of Business Development for Gaming Media Group, the Channel’s parent company, is quoted thus: “With the incredible success of Epic Poker League’s first three events and high-quality production, they are a great partner for the Poker Channel.” Federated Sports + Gaming is described as a “leading poker entertainment company” that is “breaking new ground in poker with the launch of the Epic Poker League.”
    Sources: Epic Poker League

    MGM Resorts joins Massachusetts casino race: The recent legalization of limited casino construction in the state of Massachusetts has attracted the attention, and investments, of some of the largest gaming companies in the world, including Wynn Resorts Ltd. and Caesars Entertainment Corp. MGM Resorts has announced it too will submit a bid for one of the three licenses to be dispensed by the newly formed Massachusetts Gaming Commission.

    MGM has acquired a 150-acre site in the rural town of Brimfield, in the Western part of the state. Since each of the three licenses will be exclusive to a specific geographic location, MGM will have to compete with rival companies Ameristar Casinos and Penn National Gaming, both of which also have their eyes on the same area. Any and all casino construction will first have to be approved by local voters.

    MGM Resorts Chairman Jim Murren noted the thousands of jobs the property would create. He also remarked upon the site’s location: “When we decided to get actively involved in Massachusetts, we scoured the state for a location that would provide the rural setting that New Englanders want. The remote nature of this property, along with its proximity to the Massachusetts Turnpike, is exactly what we had in mind.”
    Sources: Las Vegas Review Journal

    Ohio lottery director shows interest in online gaming: The December 23, 2011 “DOJ Memo” by now nauseatingly familiar to any American with Twitter and a deck of cards continues to incite interest in various states across the nation. The latest is Ohio.

    Dennis Berg, interim director of the Ohio Lottery Commission, has said of online gaming: “We’re exploring this topic. We want to be in the forefront of being able to generate revenue for the lottery commission. But it’s a policy decision that we will not make on our own,” adding that any significant initiative would have to be undertaken in conjuction with the local legislature.

    Gambling law in Ohio is relatively liberal. In 2009, a majority of Ohio voters approved the construction of four new casinos, three of which are scheduled to open this year.
    Sources: Dayton Business Journal, Cleveland.com

    QuadJacks – Thursday, January 12, 2012

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