Pokerstars Betting Sports
7/25/2022by admin
At the end of 2019, Michigan legalized online gaming, including poker. Now, more than a year later, the first hands of online poker have been dealt making Michigan the fifth state to offer legal online poker.
PokerStars, the world’s largest online poker operator, became the first to launch real-money poker in Michigan. They did so alongside FOX Bet and Stars Casino, which are offering sports betting and casino games respectively. The real-money brands are partnered with the Little Traverse Bay Bands of Odawa Indians Gaming Authority.
“We welcome the addition of Odawa Casino, Poker Stars, Fox Bet, and Barstool Casino to Michigan’s growing online gaming and sports wagering market,” said MGCB executive director Richard S. Kalm in a news release. “Their participation will generate revenue to support education, tribal communities, and the city of Detroit.”
Although the launch was reported to be happening around 11 a.m. in Michigan, it seemed that it took a couple of hours for the first games to get rolling. Around 1:30 p.m., a screenshot circulated on social media appeared to show action underway at a $0.50/$1 no-limit hold'em table. Some players reported having deposit issues early on, but the action is indeed underway.
But his interest in sports betting arguably trumps it, and Pantling is the CEO of Matchbook.com, and online sports book. James Holzhauer — He plays poker and he bets on sports, but James Holzhauer is now better known for his record-breaking appearance on the TV show Jeopardy!, on which he won $1.69 million. New UK & NI customers only. Promo code SPORTS60. Deposit and place first sports bet of £10+ in one transaction, at odds of Evens (2.0)+, settled within 60 days. First bet must be on Sports. £30 in Free Bets credited within 48 hours of bet settlement. Payment restrictions apply. SMS validation may be required.
PokerStars will offer players the same options found in Pennsylvania and New Jersey, meaning a full slate of daily tournaments and the famed COOP (Championship of Online Poker) series – which will be called MICOOP (Michigan Championship of Online Poker). When that will take place is to be determined. At launch, Michigan will be a segregated market, meaning right now their player pool will not join those in other states. However, at the end of December, Governor Gretchen Whitmer did sign a law allowing for interstate play, though that doesn't go into effect until March 29.
“The key differentiators for us have always been our valued partnership with the FOX Corporation and the strength of our industry-leading FOX Bet Super 6 product combined with the PokerStars business and we plan to lean into these unique assets as we launch in Michigan,” said Kip Levin, FOX Bet CEO. “Behind FOX Bet Sportsbook, PokerStars and Stars Casino, customers create one account for all three apps, unlocking a wide variety of exciting and entertaining options to supercharge the experience for our Michigan audience.”
FOX Bet Michigan will allow sports fans to bet on such things as NFL, NCAAF, MLB, NBA, NHL, NASCAR, and international golf, tennis, and soccer. They will also have a presence in the state via the airwaves.
- FOX Bet Live airing weekdays on FS1 offers insights, odds, and the definitive national television source of all things sports betting. Michigan-centric editions of FOX Bet Live will continue to air across FOX 2 WJBK in Detroit, FOX 17 in Grand Rapids, and FOX 66 in Flint.
- Integration of FOX Bet content with FOX 2 WJBK’s popular shows SportsWorks and Bracket Breakdown.
The trio of brands, which can be accessed by downloading the apps via Apple or Android devices, is also welcoming new customers in Michigan with an exclusive free $100 in site credit upon account creation.
For additional info on the legalization of online poker in the United States, have a look at our exclusive US Poker Map and our guide to the Best PA poker sites.
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Hard Rock International has put their chips forward, going all-in on the sports betting and digital gaming market. A joint venture with Seminole Gaming will help launch Hard Rock Digital in 2021. Hard Rock Digital intends to join online betting markets and bring innovative technology to the industry. Seminole Gaming owns six luxury casinos within the Sunshine State. The online gaming operations will be controlled by the Seminole Tribe of Florida.
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The new launch will also include several former Stars Group (PokerStars’ parent company) executives. Former CEO of the Stars Group Rafi Ashkenazi will serve as the Executive Managing Director. Marlon Goldstein, former Stars Group Chief Legal Officer, will be performing the role of CEO and Executive Managing Director. Lastly, Matthew Primeaux, former FOX Bet President, will assume the role of President and Executive Managing Director.
Hard Rock International expects to leverage its vast database of loyal customers to offer newly branded Hard Rock online gaming and sports betting products. Furthermore, the newly appointed Hard Rock Digital CEO Marlon Goldstein expressed excitement in bringing the brand to a new industry. Goldstein said,
“Hard Rock International is consistently at the forefront of innovation and vision in the gaming industry and the ‘Hard Rock’ gaming, hospitality and entertainment venues are iconic worldwide. We look forward to providing an authentic, digital experience for Hard Rock’s global fan base within a comprehensive, omni-channel offering.”
Nevertheless, Hard Rock Digital will move forward with the development of their online betting apps in the near term. Once that is complete, Hard Rock Digital will seek to launch their products late in 2021 or 2022.
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Does Hard Rock Have The Inside Track On Florida Sports Betting?
Hard Rock has an immediate opportunity to launch online gaming and sports betting in four states. These states include Nevada, New Jersey, Illinois, and Iowa. All four of these states have legal online sports betting currently in their legislation.
When ready, Hard Rock will look to launch its product quickly, especially in New Jersey. They are already offering some online casino games through Hard Rock Atlantic City.
Interestingly, Seminole Gaming owning six major casinos in Florida brings plenty of speculative thoughts about Florida online sports betting. Currently, Florida does not allow sports wagering and is not particularly close to legalization. However, this could be expected to change in the future considering New Jersey saw record highs again in November.
Furthermore, Hard Rock Digitial is preparing to launch their new business venture within Hollywood, Florida. This would uniquely position Hard Rock Digital for an immediate Florida sports betting launch. ESPN’s David Purdum said Florida is not close to allowing sports wagering per his Twitter account.
However, when Florida does announce legal online sports wagering, the market capitalization could be huge. As always, the first company to get to the market is going to grab the largest market share. Hard Rock Digital discussed some lofty projections for where online gambling could be in the future.
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“Hard Rock Digital also intends to pursue strategic branding and distribution opportunities both within the U.S. and globally. In the U.S. alone, the potential future market size is estimated at $7 billion for sports betting and $14 billion for online gaming.”
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This projection would surely be on the higher side should Florida become a state that legalizes sports betting. Undoubtedly, when Florida does look to legalize sports betting, Hard Rock Digital will surely be among the first to know about it.
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