Anurag Dikshit, the Co-Founder of PartyGaming, the parent company of popular online poker room PartyPoker, will fork over $300 million to U.S. authorities and plead guilty to a charge "relating to illegal web betting," according to a report published on the Financial Times website late Monday night. Read more »
Month: December 2008
PokerStars Caribbean Adventure To Offer Full Schedule Of Tournaments
The PokerStars Caribbean Adventure, a European Poker Tour event which last year was one of the largest tournaments outside of the World Series of Poker, will be one of the events that kick off the 2009 poker season. Read more »
WSOP Academy Introduces Cash Game Academy
On Monday, the World Series of Poker (WSOP) Academy announced that two Cash Game Academy events will take place in the beginning of 2009. The WSOP Academy's team of brand name poker instructors will share their expertise in the world of cash games beginning on January 24th at Harrah's Atlantic City. Read more »
CryptoLogic Partners with Orbis Technology
Gaming software leader CryptoLogic Limited announced Monday that it will partner up with Orbis Technology Limited, an industry leader in the provision of interactive gaming and betting solutions. Read more »
Paul Niemela Dominates WPT Five Diamond on Day 1B
Sunday marked the second of two starting days of the World Poker Tour's (WPT) Doyle Brunson Five Diamond World Poker Classic. One of the storied WPT events, the Five Diamond was dominated on Day 1B by Paul Niemela, who holds 261,000 chips entering Day 2. Read more »
Phil Hellmuth Interview with Poker News Daily
Poker News Daily: You're the main face of Ultimate Bet. What makes the online poker site so attractive? Hellmuth: We have the best software out there. I know we've had some issues with bad people involved. That hurt us a lot, but I am proud of the fact that the site stepped up and held an investigation. Read more »
Linda Johnson’s Recap of the Wild Horse Round-Up
I recently returned from a seven-day trip to Pendleton, Oregon for the annual Poker Round-Up series of tournaments at the Wild Horse Resort and Casino. It's hard to find a card room these days that truly gives back to its customers, but Wild Horse believes in doing just this. Read more »
Phil Hellmuth Leads WPT Five Diamond After Day 1A
In the World Poker Tour's Doyle Brunson Five Diamond World Poker Classic, Hellmuth arrived nearly six hours tardy to the Bellagio. However, good things come to those who wait, as Hellmuth found himself perched atop the leader board when play concluded on Saturday in Day 1A. Read more »
Poker Staking Sites Grow in Popularity
The perception of poker staking has evolved considerably over time. Previously being associated with those who needed money or were generally unsuccessful, staking has now become commonplace, even among the world's best players. Read more »
PokerStars to Hold World Record Tournament
On Sunday, December 28th, up to 35,000 players will flock to PokerStars, the internet's largest online poker room. Fittingly, the goal is to set the record for the world's largest poker tournament. The event comes with a healthy $500,000 guaranteed prize pool and has just an $11 price tag. Read more »
Quick Ruling Expected in Kentucky Internet Gaming Case
Friday marked the resumption of the case involving the seizure and possible forfeiture of 141 internet gambling domain names by the Commonwealth of Kentucky. It pits the Justice and Public Safety Cabinet in the state against some of the most popular online poker, online casino, and online Bingo websites. Read more »
Norway Passes Legislation to Stop Internet Gaming
In 2006, the UIGEA was passed into law in the United States. The law, while vague, ran several high-profile online poker rooms out of the market. Recently, Norway has followed suit, enacting its own version of the UIGEA. Clive Hawkswood, the Chief Executive of the Remote Gambling Association, explains the Norwegian law. Read more »
Poker Jingle to Benefit Leukemia and Lymphoma Society
On Friday, the Hard Rock Hotel and Casino in Las Vegas will play host to The Poker Jingle, a charity poker tournament to raise money for the Leukemia and Lymphoma Society (LLS). The event is hosted by 1983 World Series of Poker Main Event champion Tom McEvoy. Read more »
Hand Dissection – Bertrand “Elky” Grospellier at Festa al Lago
PokerStars Team Pro Bertrand Grospellier, better known in the online realm as "Elky", has ripped through the live poker circuit in 2008. Grospellier began the year with a victory in the PokerStars Caribbean Adventure EPT Main Event for $2 million and has followed it up with several massive scores all over the world. Read more »
Calling Station Strategy
The calling station is one of the ultimate "love ‘em or hate ‘em" players you can run into at the poker table: either you treat them like an automated teller machine, or they win hand after frustrating hand against you. Read more »
Annette Obrestad wins Ultimate Bet’s $100,000 Guaranteed
Annette Obrestad, known as Annette_15 on the online poker felts, came out on top of more than 200 players to win Ultimate Bet's second edition of the $100,000 Guaranteed tourney. Read more »
PayNoRake Director Interview with PokerNewsDaily
Recently, Poker News Daily discussed the launch of PayNoRake.com as well as its first weeks in business with Shaun O'Neill, the site's Director of Affiliate Marketing. PayNoRake allows its members to receive up to 100% rakeback, which is calculated daily. It's a revolutionary concept in a rapidly-growing segment of the online poker industry. Read more »
Kentucky Internet Gambling Case Resumes Tomorrow
It's been nearly two months since Judge Thomas Wingate issued an order upholding the seizure and possible forfeiture of 141 internet gambling domain names in the Commonwealth of Kentucky. The Court of Appeals in Louisville will take center stage on Friday, when the parties involved argue in front of a three judge panel. Read more »
Full Tilt Poker Buys Domain Names of Rivals, Players
Purchasing domain names is a common money-making scheme. Recently, blogger Nat Arem unearthed a list of sites purchased by Full Tilt Poker. They correspond to popular poker personalities and even misspellings of rival online poker sites. Read more »
Harrah’s Refinances Short Term Debt, Resolves Cash Flow Issues
As the current economic downturn continues to bedevil companies worldwide, the previously thought "recession proof" industry of casino gaming has also been affected. The CEO of Las Vegas Sands Corporation, Sheldon Anderson, recently put $1 billion of his own funds into the organization that owns the Venetian in Las Vegas and suspended building projects at many of their locations. Read more »
PPA Runs Ad Campaign in Major Washington Newspapers
Readers of three popular news periodicals will notice an ad this week dubbed "It's time for some straight talk." The campaign, which was sponsored by the Poker Players Alliance (PPA), the major lobbying group for the online poker industry, calls on Congressmen in Washington, D.C. to pass legislation regulating the online poker industry. Read more »
David Sklansky Hosts Seminar Benefiting Adopt-A-Rescue-Pet
On Thursday, December 11th at 2:00pm, the Palace Station Hotel and Casino in Las Vegas will host a charity seminar benefiting the Adopt-A-Rescue-Pet non-profit volunteer organization. The $150 seminar is being hosted by one of the top poker minds and authors in the world, David Sklansky. Read more »
High Stakes Poker Line-Up Announced
The fifth season of popular televised cash game High Stakes Poker will film for three days beginning on December 19th at the Golden Nugget. The show boasts a $200,000 minimum buy-in and among those in attendance will be 2008 WSOP Main Event Champion Peter Eastgate. Read more »
PCA Unleashes Festival of Poker
The PokerStars Caribbean Adventure (PCA) will kick off on January 5, 2009 and run through January 10 at the Atlantis Hotel and Casino in the Bahamas. The six-day event will again attract many of the world's best players, many of whom qualified on PokerStars. Read more »
PokerTek Moves Listing To NASDAQ Capital Market Board
PokerTek, the company responsible for the move towards the automation of live poker rooms around the world, announced last Friday that effective the start of trading on the NASDAQ exchange yesterday, the company's stock would now be listed on the NASDAQ Capital Market instead of the NASDAQ Global Market. Read more »