Poker Stars Strategically Partners with Wynn Resorts
03/26/2011Major news came out of Las Vegas on Thursday night as Wynn Resorts and Poker Stars announced that they would be strategically partnering with each other, giving industry observers a bit more clarity about what online poker will look like in a US-regulated environment. The Stars-Wynn alliance would lobby support for the regulation for online poker in the United States. Upon the passing of regulation, the companies would join forces on an online poker site providing games under the PokerStarsWynn.com domain name.
Poker Stars and Wynn Resorts are two of the largest and most respected companies in each of their markets. Given the clout of both organizations they will very likely now be at the forefront when regulation happens. Not only is it major news that two industry leaders are partnering, but the move represents a departure for Wynn Resorts in that they had previously been against online poker regulation. In a statement released by Wynn Resorts, Chairman and CEO Steve Wynn said the following: “After much study, we are convinced that the lack of regulation of internet gaming within the U.S. must change. As a company that has safely conducted gaming in the US for more than 40 years, we believe that the same can be done for poker on the internet.”
One would think that momentum behind US legislation will gain additional steam with these developments. Only two days ago, the Nevada Gaming Commission approved another merger between an online room and a Brick and Mortar establishment – 888 Holdings and Caesars. The fact that established publically traded companies are not only endorsing online poker regulation but actually partnering with current operators is a very good sign going forward. RakeTracker.com will be sure to follow this story and keep users updated on any developments.
Comments
Commenting has been disabled for this news post.
Poker Promotions
Online Poker
Offers
RakeTracker | The Rakeback Pioneer.
Believe it or not, there was a time in online poker’s history that there was no such thing as rakeback. When the seeds of Rake Tracker were first planted in 2003 almost all poker rewards came in the form of bonuses. Soon players wanted more. The RakeTracker business first started small, offering rakeback to players on a one-on-one basis and through referrals.
As the business grew, RakeTracker.com was launched as one of the first full-scale rakeback providers on the internet providing players with additional perks that they could receive in addition to bonuses – payout out rakeback since 2004. Now many years later, players still flock to RakeTracker for industry leading rakeback deals, monthly poker promotions in the hundreds of thousands of dollars and top quality customer support.
What is Rakeback?
All live and online card rooms take “rake” and “tournament fees” to run and operate their games. The amount of rake or fees taken will vary by game type and stake levels, but will generally be 5% of each pot for ring games and around 10% of the buy-in for tournaments.
With rakeback, players are returned a percentage of the rake that is attributed to them, usually 27%-40%. Simply put: Receiving rakeback and other promotions help winning poker players win more and losing poker players lose less. There is no reason not to get rakeback!
Getting rakeback is easy through RakeTracker: simply create a RakeTracker account, then using our referral links download the poker site’s software, add the tracker to your account and you are ready to go! Detailed instructions are available on each site’s review page.
Why Should I Join RakeTracker?
Joining RakeTracker is FREE and easy. Creating a FREE account will give you instant access to rakeback from two dozen rooms on all major networks. RakeTracker members will also receive access to over $300,000 in monthly promotions including: Rake Races, Rake Chases, Freerolls and free poker coaching. Refer your friends to RakeTracker and earn $40 per friend and up to 4% of the rake they generate – income for life! Join the community at RakeTracker TODAY!