Hit and Run: Tony G Returns; PokerStars Touts Results of Rake and VIP Changes; WPT Announces Devilfish Cup

Steve Ruddock : August 15th, 2016


Evidence supportive of PokerStars Rake and VIP changes. WPT and Dusk Till Dawn team up for Devilfish Cup. Erstwhile poker pro Tony G returns to the poker tables.  And more.

Verdict is in for PokerStars VIP and Rake changes

Amaya’s earnings call was filled with announcements, but lost within the shuffle of rising revenue and the installation of Rafi Ashkenazi as the company’s permanent CEO (replacing David Baazov, who’s currently facing insider trading charges) was the stabilization of the company’s poker products.

During the earnings call, Ashkenazi made it clear that the controversial VIP cuts and rake changes were helping, and having no adverse effects. According to Ashkenazi, there were “no negative revenue impact from high revenue players,” and, “bankrolls from recreational and casual players are lasting longer.”

Since I was one of the peopled beating the drum for these types of changes, I took a deep dive into what it likely means now, and moving forward.

Quick Hitters

- Speaking of Amaya, the company’s embattled CEO may be out, but he’s apparently not down, and is still considering leveraging his 20% ownership stake in the company for a buyout, according to the French language Canadian paper La Presse. From the sounds of it, Baazov and Amaya have officially cut ties, but they’re future could still potentially be interconnected.

- The World Poker Tour will honor the late David “Devilfish” Ulliott with a £1 million guaranteed tournament, dubbed the Devilfish Cup, which will take place at Dusk Till Dawn Casino in Ulliott’s old stomping grounds of Nottingham. PocketFives.com has all the specifics here.

- Last week, poker writer Will Shillibier broke the news that the GPL would be changing its playoff and finals plans, and this week he offers up some thoughts on what might be transpiring behind the scenes at Global poker League headquarters.

- One of the most entertaining players in poker history, turned Lithuanian politician, was back at the poker tables on Monday, as Tony G sat down in the Celebrity Cash King’s game.

- 888 and Rank have once again been Motumbo’ed by William Hill, as the UK bookmaker continues to reject buyout offers.

- Donald Trump is hitting new personal lows in the polls, and he’s hitting new lows in the betting markets too, as the odds of Trump becoming the next President of the United States are growing longer by the day.

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