WSOP for sale?
Caesars Entertainment may have to sell the World Series of Poker. That's what US ratings agency Fitch suggested after seeing a recent - and disappointing - fiscal report from Caesars Entertainment. The sale would help protect other valuable assets as well as show investors that things will be fine. After that, Caesars Entertainment should restructure its debt to remain a profitable company. According to the report, Caesars lost over $240 million in Q2, thanks to reduced consumer spending. In addition, Caesars' stock prices have been dropping. The company's shares have lost almost 20% of its value in just a week.
Caesars Entertainment did not comment on a potential WSOP sale.
Read more about it on PokerNewsDaily
Players confused over iPoker split
The iPoker network split its player pool into two tiers on September 4, but customers from the poker network are still confused with the recent changes. It seems like the players were not instructed on how exactly the new regime would work. The tables have the same name, but the players on each table are different. Since the split, players from Tier 1 sites can't share tables with players from Tier 2 sites, which have a larger number of recreational players. Just before the changes, some smaller poker rooms realized that they would not be viable as standalone rooms and transferred their player base over to Titan Poker.
Here are the changes:
Separated cash games:
NLH HU, 0.02/0.04 and above, all currencies
NLH 6-Max, 0.01/0.02 to 2/4, all currencies
NLH Full Ring, 0.01/0.02 to 1/2 all currencies
Separated SNG games:
NLH HU SNG, to $30/€30/£30 buy-in
NLH 6/9 SNG, to $10/€10/£10 buy-in
All the other games are unaffected, including all jackpot, promotional and satellite SNGs.
|