PokerStars responds to a player lawsuit. PokerStars offers reload bonus in New Jersey to counter recent WSOP.com dominance. Check out these stories and more in the Thursday Hit and Run.
PokerStars Issues “No Comment” Statement to Player Lawsuit
On Tuesday, Forbes wrote that poker player Gordon Vayo is suing PokerStars for $700,000 after the largest online poker site refused to pay out winnings from a 2017 SCOOP event.
Although PokerStars did not provide additional details on the case, they emphasized to Online Poker Report a track record of paying hundreds of millions of dollars without issue:
“We cannot comment on pending litigation matters and our investigation into this particular matter is ongoing. However, as operator of the most regulated poker site in the world we believe that we have a duty to protect the integrity of the game and ensure we provide a safe and fair poker platform by enforcing our terms of service. We have paid out over half a billion dollars in tournaments winnings this year alone and will continue to implement rigorous security procedures to protect our players.”
Meanwhile, the Stars Group stock has hit an all-time high of CAD$45.84 on the Toronto Stock Exchange after posting results for the first quarter of 2018. Revenues came in at $392.9 million, nearly 24% higher than 2017. A laggard in recent quarters, online poker results were up 12.4% year over year.
– While the tri-state WSOP.com continues to hit traffic records, PokerStars is in the rare position of looking up to a rival. In an effort to compete against the largest regulated poker room in the United States, PokerStars is offering its largest reload bonus in two years – a 200% up to $1,000 bonus for all players in New Jersey until May 14th.
WSOP.com is available in all three regulated markets while PokerStars has been shut out of Nevada and Delaware. PokerStars may get an added boost when Pennsylvania goes live with online poker, expected sometime during 2018.
– Watch Randy “nanonoko” Lew catch a break during the $215 buy-in SCOOP event, which was live streamed on Twitch recently:
– Pocket Fives previews the 2018 World Series of Poker by looking at some of the most well-known winners of satellites into the WSOP.
In other WSOP news, eSports will be coming to the Pavilion Stage at the Rio, which will serve as an eSports lounge for players on break during WSOP events.
– In the Poker Life Podcast, Joey Ingram interviews Maria Konnikova, the New York Time best-selling author who has delayed her poker book due to her success at the poker table.