It is the news that the poker community has been waiting to hear for well over a year now. After several false starts, the United States Department of Justice and PokerStars have announced a settlement of the civil claims by the federal government against the number one online poker site in the industry. As a… Read more »
Month: July 2012
Greg Raymer Captures Title At Heartland Poker Tour Stop In New Mexico
Having arguably one of its best seasons ever, the Heartland Poker Tour has been rolling along in 2012 and delivering some great poker to fans across the United States. Their most recent stop, which concluded yesterday at the Route 66 Casino Hotel in Albuquerque, NM, kept that performance up with former World Champion Greg Raymer… Read more »
Poker Professional Ryan Young Passes Away In Car Accident
Death at any point is a saddening reality of our existence, but it is even more painful when someone passes away at a young age. Yesterday afternoon the poker world received that message poignantly when it was learned that poker professional Ryan Young had passed away at the age of 28. Twitter was where the… Read more »
Poker World Grinds To Halt With PokerStars/DoJ Deal Rumors
As if there wasn’t already a post-World Series of Poker slowdown in the poker community – with many players taking a respite from the game before diving headlong into the various tournament poker circuits and their final four months of the 2012 schedule – the poker world has ground to a halt today as the… Read more »
Decisions In Poker Based On Circumstances…The Hansen/Deeb “Big One” Agreement
The world of poker sometimes presents mind-boggling conundrums that even the most brilliant astrophysicist would have trouble wrapping his or her big brain around. The World Series of Poker is one of the arenas where that can come into play and, in particular, the biggest ever buy in poker tournament, the “Big One For One… Read more »
Senate Hearing Presents Draft For Tribal Operation Of Online Poker
Thursday’s meeting of the Senate Committee on Indian Affairs discussed the issue of online gaming, in particular poker, and presented a new twist in the ongoing battle for federal action regarding the subject. During the meeting, committee Chairman and Hawaii Senator Daniel Akaka presented a draft of a bill that would allow the Indian gaming… Read more »
Rumors Of PokerStars Purchase Of Full Tilt Poker Run Rampant…Again
If you’re beginning to feel like Bill Murray in the movie Groundhog Day, prepare for potentially another cycle of next verse, same as the first. Yesterday on the website of Poker Player Newspaper, esteemed poker community member Wendeen Eolis broke the news that the deal between PokerStars and the United States Department of Justice has… Read more »
“Black Friday” Defendant Ira Rubin Receives Three Year Jail Sentence
Another tally in the win column can be counted in the “Black Friday” indictments by the United States Department of Justice with yesterday’s sentencing of another key figure in the case. In U. S. District Court in New York, Ira Rubin, a former payment processor for the online companies indicted in the April 2011 case,… Read more »
Michael Mizrachi Named Ambassador For International Stadiums Poker Tour
While they have yet to hold their first tournament, the International Stadiums Poker Tour is making moves outside of the playing arena with two announcements recently. The ISPT is a grandiose ambition of the French financing company Groupe Bernard Tapie, who failed in their attempt at the purchase of the now-defunct Full Tilt Poker. Undaunted,… Read more »
Senate Committee To Hold Hearing On Internet Poker Today
After a long period of silence on the continuing battle in the halls of Congress on the issue, a Senate committee is scheduled to take up the subject of online gaming, including poker, during a hearing this afternoon in Washington, D. C. The Senate Committee on Indian Affairs will meet this afternoon at the Dirksen… Read more »
Pinnacle Entertainment Announces Positive Earnings, Plans to Expand Heartland Poker Tour
Pinnacle Entertainment, owner of the Heartland Poker Tour, reported positive second quarter financial results Wednesday, sparking a jump in the company’s stock price. Revenue increased $8.9 million to $298.3 million, a 3.1 percent lift from the second quarter of 2011. Consolidated Adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization), was even more impressive, soaring… Read more »
Zynga Fielding Bids from Potential Real Money Gaming Partners
Gaming industry news site eGaming Review (EGR) reported Monday that social gaming firm Zynga has “opened a tender for a real money poker platform” with several online gaming developers. Amongst the possible partners are Playtech and Microgaming. An “open tender” is a process in which qualified bidders compete for business via sealed bidding. Those bids… Read more »
PartyPoker Eliminates High Stakes Cash Games
Last week, PartyPoker surprised the online poker community by removing its highest stakes real money cash games. Gone are all No-Limit and Pot-Limit tables at stakes above $5/$10 and all Fixed-Limit tables above $30/$60. Some players received the following short message from PartyPoker via e-mail: We have removed some of our super high stake games,… Read more »
2012-2013 WSOP Circuit Schedule Released
The World Series of Poker (WSOP) announced the 2012-2013 WSOP Circuit schedule Monday, revealing the largest tour of all-time, complete with an impressive 20 stops. The new season is just around the corner, beginning August 9 at the IP Casino Resort & Spa in Biloxi, Mississippi and culminating with the WSOP Circuit National Championship May… Read more »
Absolute Poker’s Brent Beckley Receives 14 Month Sentence
Brent Beckley, co-founder of Absolute Poker, was sentenced to 14 months in prison Monday. Beckley was one of 11 people named in the federal indictments unsealed on April 15, 2011, better known in the poker community as “Black Friday.” In December, Beckley pleaded guilty to Conspiracy to Commit Bank and Wire Fraud, one of nine… Read more »
South Point CEO Anticipates Fall Online Poker Launch in Nevada
According to an interview by eGaming Review with South Point Hotel, Casino, and Spa CEO Michael Gaughan, the first legal intrastate online poker room in Nevada could be up and running by this fall. Gaughan told EGR that it is essentially just a matter of getting the gaming license, that everything is on track for… Read more »
PokerStars/Full Tilt Poker Deal “Only Hope And Nothing More” According To Matt Glantz
After the buzz prior to the World Series of Poker that PokerStars was working with the U. S. Department of Justice to finalize a deal on purchasing Full Tilt Poker, that discussion has since faded into the background with no details forthcoming. Poker professional Matt Glantz believes that those talks have hit a roadblock and… Read more »
2012 Tournament Poker Season To Resume In August
As usual, the tournament poker world has entered its post-World Series of Poker slumber, allowing the players to recharge their batteries after the seven week grind in Las Vegas this summer. That will be changing soon, however, as several tournament circuits will get their new seasons underway in the month of August. The World Poker… Read more »
Women in Poker Hall of Fame Class of 2012 To Induct J. J. Liu, Kathy Raymond
In preparations for their induction ceremonies in August, the Women in Poker Hall of Fame recently announced that veteran poker professional Joanne “J. J.” Liu and longtime poker industry professional Kathy Raymond will be the honorees for induction into the Hall. Back in May, the WiPHoF announced a very qualified list of nominees that were… Read more »
Dan Shak Drops Lawsuit Against Beth Shak Following Opening Arguments
A civil suit brought by poker professional Dan Shak against his ex-wife, fellow poker pro Beth Shak, regarding her extensive shoe collection was dismissed in a court in New York after Mr. Shak advised his attorneys that he didn’t want to pursue the issue any further. On Wednesday, Judge Ronda Daniele opened up the proceedings… Read more »
Nevada Senator Says “Now Or Never” For Federal Online Poker Legislation
After lying in a state of suspension for much of this year, there has been a flurry of activity in the halls of Congress regarding federal regulation of online poker, upping the optimism for many Americans regarding the reopening of internet poker for millions. Recently, Nevada Senator and Senate Majority Leader Harry Reid and Arizona… Read more »
PokerStars Releases 2012 WCOOP Schedule
Now that the biggest live poker tournament series in the world is over (well, except for that small detail of the October Nine), it’s time to start getting geared up for the largest online poker tournament series in the world. PokerStars has released the schedule for the 2012 World Championship of Online Poker (WCOOP), the… Read more »
Controversial Hand in the WSOP Main Event
I have never been a poker tournament director, but I would imagine one of the most difficult aspects of the job is making rulings on hands in which there are both confusion and disagreement at the table. Especially in a situation where there are potentially millions of dollars at stake. Such was the case this… Read more »
Poker Players Sue Tennessee Club
A group of more than 70 Tennessee poker players have filed a class action lawsuit against the Chattanooga Billiard Club (CBC) and its owner Phil Windham for allegedly cancelling an annual poker tournament for which the players qualified. In the Complaint, filed by attorney Hoyt Samples, the plaintiffs explain that the CBC hosted a free… Read more »
2012 WSOP Main Event October Nine Set
The 2012 World Series of Poker (WSOP) October Nine was determined early this morning and boy, is the poker community disappointed. It’s nothing against the nine skilled and fortunate men who made the final table of the Main Event. Not at all. The disappointment stems from the two eliminations that occurred before play ended Tuesday… Read more »