It’s that time again at PokerStars. The time that thousands of players logon to try to win the lottery. It is time for another billionth hand promotion at the world’s largest online poker room. This time, PokerStars is celebrating its 70 billionth hand in its “Road to 100 Billion” celebration. The promotion is the same… Read more »
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Online poker news
Kahnawake Gaming Commission Announces Apparent Dissolution Of CEREUS Network
In a simple statement released on Thursday, the Kahnawake Gaming Commission announced what appears to be the dissolution of the CEREUS Network, and its sites Absolute Poker and UB.com, to settle ongoing litigation against the company. The statement, which was released by the KGC, discussed the ongoing ramifications of the Southern District of New York’s… Read more »
Silence Broken In Ongoing Full Tilt Poker/Groupe Bernard Tapie Deal
Since the announcement of the proposed deal between the shuttered online poker site Full Tilt Poker and the French investment company Groupe Bernard Tapie at the end of September, there has been a long silence regarding future actions. Two incidents over the past couple of days demonstrate that there is still a long road ahead… Read more »
New Class Action Lawsuit Filed Against Full Tilt Poker In California
The drama for the former number two online poker site in the industry, Full Tilt Poker, continues to mount as yet another lawsuit against the site has been filed in the courts of California. A story in the Los Angeles Times this morning details out the latest legal case to befall the embattled online poker… Read more »
Merge Gaming Network Welcomes Back New U.S. Customers
Regardless of how it works out, you have to admit that the Merge Gaming Network has some guts. The small online poker network is looking to fill the gaping void in the poker market by re-opening its doors to United States customers. The network laid out the welcome mat on Thursday, and while it has… Read more »
British Poker Player Convicted Of Threatening Online Room Staff
An online poker player from the United Kingdom will be serving jail time following his ill-advised threats against the support staff of an online poker room. An article in the Darlington & Stockton Times details out the story of Michael Gallagher, a 35-year old unemployed online poker player from East Cleveland, who apparently wasn’t happy… Read more »
Free Online Poker Room Launched by California Organization
CalShark.com, a new free-to-play online poker room, opened yesterday, an event that would not normally be big news, especially because the games are all for play money. What is interesting about this poker room, however, is that it is run by California brick and mortar card rooms and Native American tribes, not an overseas gambling… Read more »
Editorial: Full Tilt Poker/Groupe Bernard Tapie Deal Off To Rocky Start
The opinions in this editorial do not reflect the positions of the ownership or management of Poker News Daily. The saving grace that came last week with the announcement of the long-awaited deal for the sale of Full Tilt Poker to the French investment company Groupe Bernard Tapie looked, at the start, to be what… Read more »
New Full Tilt Owner May Offer Equity Stake to Players
According to a report by the Wall Street Journal, Groupe Bernard Tapie, the French investment group that signed an “exclusive agreement” to purchase Full Tilt Poker and its assets, is considering offering an equity stake in the new company to certain customers. One of the decisions the Tapie family is still mulling is exactly how… Read more »
Full Tilt Poker Reportedly Sold To French Investment Group
Coming on the heels of the revocation of their gaming license by the Alderney Gambling Control Commission on Thursday, the inactive online site Full Tilt Poker reported Friday afternoon that a deal has been struck to sell the beleaguered company to a French investment group. PokerStrategy.com broke the news yesterday in a statement from Full… Read more »
Responses Pour In On Full Tilt Poker License Revocation
The shockwaves of yesterday’s decision by the Alderney Gambling Control Commission (AGCC) to revoke the e-gaming license of Full Tilt Poker continue to be felt across the poker world. Following the announcement of the decision by the AGCC – where the executive director of the organization, Andre Wilsenach, said that Full Tilt Poker “fundamentally misled… Read more »
Alderney Gambling Control Commission Revokes Full Tilt Poker License
After almost ten days of silence following a hearing, the Alderney Gambling Control Commission (AGCC) has reportedly revoked the primary license for the online poker site Full Tilt Poker this morning, according to several reputable news outlets. The Wall Street Journal is reporting that the AGCC decided that the ownership of what was the second… Read more »
Thomas “Kallllle” Pedersen Wins 2011 WCOOP Main Event
The 10th annual PokerStars World Championship of Online Poker (WCOOP) concluded this week and after two days of play and 1,626 eliminations, Thomas “Kallllle” Pedersen emerged victorious in the $5,200 Main Event, banking $1,260,018.50. The Dane entered final table play as far and away the largest stack remaining. His 11.2 million chips was more than… Read more »
PartyPoker Introduces Pokerfest 2011
With the PokerStars World Championship of Online Poker (WCOOP) coming to end, most online poker players would normally be looking forward to the next Full Tilt Online Poker Series (FTOPS) to find that next poker tournament series excitement. But with Full Tilt gone, there is a gaping hole in the online tournament series landscape after… Read more »
Full Tilt Issues Statement Re: Ponzi Scheme
Full Tilt Poker, once the second largest online poker room in the world, released another statement Monday to address last week’s assertion by the United States Attorney for the Southern District of New York that the online poker room was a “Ponzi scheme.” In reality, the statement, issued through PokerStrategy.com, was simply a regurgitation of… Read more »
Warrant Issued for Seizure of Full Tilt Poker Principals’ Accounts
United States District Court Judge Leonard B. Sand of the Southern District of New York signed a warrant last week, authorizing the seizure of assets belonging to the Full Tilt Poker principals named in the amended civil complaint against the once high flying online poker room. The warrant, signed September 19th, authorizes the seizure of… Read more »
No Decision Yet In AGCC/FTP Hearing
Entering into its fourth day, there have not been any decisions announced in the hearings between the Alderney Gambling Control Commission (AGCC) and the shuttered Full Tilt Poker, leaving the status of what used to be the second largest online poker company in the industry in the lurch. The hearings began on Monday and, to… Read more »
U.S. Attorney: Full Tilt Poker a “Ponzi Scheme”
Preet Bharara, the United States Attorney for the Southern District of New York, announced Tuesday that a motion has been filed to amend the civil money laundering complaint against PokerStars, Full Tilt Poker, Absolute Poker, and related payment processors (the Black Friday civil complaint). The amendment adds three Full Tilt Poker principals – Howard Lederer,… Read more »
PokerStars Developing Own Version of Rush Poker?
One of the most well-received innovations in online poker over the last few years was Rush Poker, introduced by Full Tilt Poker in early 2010. It was an extremely popular Hold’em and Omaha variation, giving players the opportunity to play many more hands per hour than at normal tables. But with Full Tilt’s absence from… Read more »
Hendon Mob Ends Exclusive Relationship with Full Tilt Poker
In a move that likely won’t come as too much of a surprise to the poker world, poker portal TheHendonMob.com has ended its exclusive relationship with embattled online poker room Full Tilt Poker. In a statement released Sunday, site management expressed its concern for the many players who signed up for Full Tilt via the… Read more »
“Black Friday” Creates New Subscription Poker Sites…Will They Last?
On the heels of “Black Friday” and the shutdown of the three most popular sites in the online poker industry, there has been a rise in the number of “subscription” online poker sites. These sites are promoted as being 100% legal because, unlike their “pay to play” brethren, actual money is not on the table.… Read more »
Bloomberg Business Week Examines U. S. Online Players Living Abroad
Since the actions taken by the U. S. Department of Justice on April 15 – which have become known as “Black Friday” in the poker community – the parade of online and live poker pros to more poker-friendly countries has become commonplace. A recent article in a major magazine focuses on this exodus. In a… Read more »
Full Tilt Poker Issues New Statement Prior To AGCC Hearing
With their meeting with the Alderney Gambling Control Commission (AGCC) looming next week, Full Tilt Poker has released a new statement regarding their operations. In a release to the website PokerStrategy.com yesterday, the latest statement from the Full Tilt Poker PR machine reveals little to no new information that isn’t already known by the poker… Read more »
Report: Online Poker Traffic Up Last Week; Merge Drops
PokerScout.com, online poker’s leading cash game traffic watchdog site, released its weekly update this week, revealing a marginal uptick in the industry overall. One online poker network that bucked the trend was the Merge Gaming Network, which saw its cash game traffic fall 10 percent from the previous week. According to PokerScout, during Monday’s prime… Read more »
South Point Casino to Launch Free Online Poker Room
According to a report by GamingToday.com, Michael Gaughan, owner of the South Point Hotel, Casino, and Spa in Las Vegas, has announced that he will be launching a free-to-play online poker site, likely to be named after his casino. The site, which will be on the ZEN Entertainment Network, should open for business within the… Read more »