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Players should be paid as investors prepare to purchase Full Tilt
07.01.2011 06:36 AM
Printer Friendly
The
Los Angeles Times
is reporting that Full Tilt Poker will be purchased by a group of European investors for the discounted price of $150 million. The transaction will supposedly allow the company to pay back all of its players. And Phil Ivey is expected to dismiss his lawsuit against Full Tilt.
"Mr. Ivey intends to dismiss his lawsuit as he believes Full Tilt is taking steps to see that the players are paid," Chesnoff said.
Tags:
Poker
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Russian mob involved in Hollywood poker game
06.29.2011 08:12 AM
Printer Friendly
Roman and Maurice have apparently found work since their roles as Russian outfit guys in Rounders. Star Magazine is reporting that Molly Bloom, the organizer of the illegal high stakes poker games involving various Hollywood celebrities, was "roughed up" by the Russian Mob back in 2009. According to Bloom's lawyer,
she has turned informant
.
“Molly admitted to friends that she was assaulted while in New York and even had photographs of herself bloody and bruised to prove it,” one of her friends told the magazine. “Molly told one friend that she believes the bashing has something to do with mobsters.”
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Poker
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Full Tilt Poker suspends play worldwide
06.29.2011 06:20 AM
Printer Friendly
Full Tilt was forced to cease all activities following the Alderney Gambling Control Commission's decision to
suspend its license
. A few European pro players
Tweeted
what took place.
Poker pro Bryan Pellegrino, playing on Full Tilt despite signing with Lock Poker last month, tweeted: “my 1ks just got paused on FTP... result of this? are they ceasing operations?”
Also on Twitter, English pro Keith Hawkins said: “Full Tilt ceases operations. I guess after Black Friday, today should be called Predictable Wednesday. I hope everyone gets their money.”
And Full Tilt Poker team pro Tom Dwan tweeted "Seems like Alderney regulatory body (where ftp's license is) just shut down ftp. Wow I think?"
Pending the outcome of a
Read more
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Full Tilt Poker hoping for investment from Jack Binion
06.28.2011 01:27 PM
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Rumors are circulating that
Jack Binion
may invest in Full Tilt Poker. Full Tilt recently made it known that it was looking for $150 million from investors – a smart move when you are a poker website that is currently not allowed to accept “real money”. Binion, along with Full Tilt
basher/paycheck receiver
Phil Ivey, were reportedly in Ireland meeting with Full Tilt execs.
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Washington, D.C. readies internet gambling program
06.28.2011 07:26 AM
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The Washington D.C. Lottery announced specific starting dates for its newly created
internet gambling program
. According to the rules, all players must by 19 years old – eliminating HS students but maintaining the college market. It also appears that the system does not cater to pro players with high stakes poker not offered.
The lottery will debut Blackjack and Victory at Sea in late July and release four more games - Bingo, poker, E-Scratch Offs and random number games - by Aug. 20, so players can get accustomed to the games before risking the contents of their wallets.
Mr. Roogow said the lottery is still hammering out ways to prevent collusion among players - for example a pair of players who divulge their Texas hold’em hands over the phone without the knowledge of a third man at the online table.
But, Mr. Roogow noted, they will not be offering high-stakes
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Barton's onling gambling bill unveiled today
06.24.2011 06:00 AM
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Rep. Joe Barton (R-Texas) will unveil his proposed
online gambling bill
later today. The bill would require websites to register through their respective states' gaming commissions. There would then be a group created to oversee the entire industry.
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Poker pro calls out fellow player for cheating at WSOP
06.23.2011 07:40 AM
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Poker pros Daniel Negreanu and Michael Binger got into a
heated discussion
during the $10K H.O.R.S.E. Championship at the World Series of Poker on Wednesday. Negreanu verbally accused Binger of an "angle shot". Tournament director Robbie Thompson did not penalize Binger but instead issued a warning.
However, Binger was not impressed by Negreanu’s involvement and shouted that he should shut his “God-damn mouth!” because he reckoned his tournament life was “on the line”.
But four-time WSOP bracelet winner Negreanu was adamant that Binger had indulged in an angle shoot with his half-bet to find out exactly what his opponent’s intentions were.
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WSOP by the numbers; Attendance on the rise
06.22.2011 09:28 AM
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A breakdown of the numbers for this year’s World Series of Poker courtesy of
Bluff Magazine
. There were concerns that attendance at the event would be down, but according to
carplayer.com
, that hasn’t been the case.
On Friday, June 18, the WSOP sat 5,946 players for the various poker tournaments scheduled that day – the largest number of players ever entered on a single day in live poker history.
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Hollywood A-listers involved in high stakes poker, lawsuit
06.22.2011 07:20 AM
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Guys like Tobey Maguire and Ben Affleck aren't exactly hot topics of discussion at Sportsmemo, unless of course they are involved in
secret high stakes poker games
and multi-million dollar lawsuits. The details are right out of a movie with uncollected debt, a Ponzi scheme, and of course Paris Hilton's sex tape partner. It seems somewhat hoaxy (most articles that cite Star Magazine are) but here's the
court order
for Mr. Maguire.
"That means he could have made up to $30 to $40 million from these games," the whistle-blowing card shark predicted.
"As part of the scheme, funds invested in (Ruderman) were transferred to persons such as Defendant (Maguire), who received the funds on account of Ruderman's
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Online gambling close to becoming a reality in U.S.
06.21.2011 10:18 AM
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Positive news with multiple bills in place that would
legalize online gambling
in the United States.
McDermott believes that “legalising, regulating and taxing Internet gambling just makes sense” – particularly as, “right now, the US loses billions of dollars to off-shore gambling and illegal gambling rings because of an unrealistic and virtually unenforceable policy”.
Communications director Sean Brown said that Barton – who has met with furious poker-playing voters that are disappointed by the DoJ’s crackdown on Full Tilt Poker, PokerStars and Absolute Poker – is “very serious about getting something done”.
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