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December

21

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PokerStars positioning itself for New Jersey online poker

01.22.2014     01:49 PM     Printer Friendly
SportsMemo.com blog entry.
Interesting article on calvinayre.com about the likelihood of PokerStars soon becoming a part of the New Jersey online poker scene.


Sources have told CalvinAyre.com that the US Department of Justice has adopted a new approach toward pending prosecutions of individuals in connection with online gambling. In essence, provided those being prosecuted aren’t US citizens and the companies with which they are associated maintained no physical infrastructure within US borders, the DOJ will accept corporate pleas and fines to resolve all outstanding charges.






Tags: Poker




The Sheldon Adelson nightmare continues

01.13.2014     12:31 PM     Printer Friendly
SportsMemo.com blog entry.
This isn't good news for those of you hoping that Sheldon Adelson would crawl into a hole and never be heard from again. This goof is hell-bent on keeping online gambling illegal – so much so that here's the federal bill he just drafted. WTF.






Tags: Poker




Party Poker to sponsor New Jersey Devils and Philadelphia 76ers

01.09.2014     08:33 AM     Printer Friendly
SportsMemo.com blog entry.
The New Jersey Devils and Philadelphia 76ers just inked a sponsorship deal with bwin.party which operates Party Poker. The NBA had no issue with the arrangement saying that so long as it has nothing to do with sports betting, you're in the clear.


“As long as the gambling site doesn’t include sports gambling or sports betting, it’s now allowed within our rules,” NBA vice president Mark Tatum said in a statement sent by the league to The Associated Press.

“We are proud to welcome partypoker to our family as we embark on an exciting journey with an innovative, global leader in the digital marketplace” O’Neil said. “As an organization, we will continue to align with brands that aspire to grow with us, in true partnership.”





Tags: Poker NBA NHL New Jersey Devils Philadelphia 76ers




Vegas poker player tips cab driver $10K for returning forgotten $300K

01.02.2014     08:02 AM     Printer Friendly
SportsMemo.com blog entry.
In keeping with today's Good Samaritan theme, here's another gem. An unnamed Las Vegas poker player left $300K in a cab and had it returned courtesy of the cab driver. He "tipped" the cabbie $10K for his nice deed.


"It's good enough, I really appreciate it," Gamboa said about the reward. "I wasn't expecting anything from the people I help. I never expect anything from the people I do good for, but I really appreciate it and that he appreciated what I'd done for him."






Tags: Las Vegas Poker




Poll says 65% of Americans are in favor of legalized online poker

12.18.2013     01:36 PM     Printer Friendly
A recent poll conducted by Reason-Rupe said that 65% of Americans are in favor of allowing online poker. Below are the detailed results.

copy_gambling_poll.JPG



Tags: Poker




New Jersey says no to PokerStars

12.13.2013     07:37 AM     Printer Friendly
SportsMemo.com blog entry.
New Jersey's online poker is up and running but without a familiar face as industry giant PokerStars had its application suspended for two years.


“The Division’s determination is based primarily on the unresolved federal indictment against Isai Scheinberg for the alleged violation of federal gambling statutes, namely, the Illegal Gambling Business Act and the Unlawful Internet Gambling Enforcement Act (UIGEA), and the involvement of certain PokerStars executives with Internet gaming operations in the United States following the enactment of UIGEA.”





Tags: Poker




Online poker movie Runner, Runner earns mediocre reviews

09.25.2013     07:06 AM     Printer Friendly
UPDATE

Early reviews on the upcoming online poker movie 'Runner, Runner' starring Ben Affleck and Justin Timberlake sound pretty tepid.





Trailer for online gambling movie Runner, Runner

08.22.2013     06:20 AM     View Original Blog


Here's the official trailer for the upcoming online poker movie Runner, Runner starting Justin Timberlake and Ben Affleck. Couple of observations. Right off the bat we see Bob Gunton playing Warden Norton of Shawshank Prison. Next, Ben Affleck is apparently reprising his role as JT Marlin's co-founder, Jim "I'm Read more



Tags: Poker




They're Watching You: Playing online poker in Nevada

09.24.2013     11:44 AM     Printer Friendly
SportsMemo.com blog entry.
Interesting interview with the CEO of Locaid, a San Francisco based company that polices online poker – most notably making sure bettors are inside the state lines of Nevada.


Basically, we draw a line around the state and ping the device they are wagering on. If the dot is red (outside the border), the transaction doesn't go through. If it's green (inside the border), it's OK. That information is provided to the sheriff's office.





Tags: Poker




Poker as a game of skill once again called into question

08.07.2013     11:54 AM     Printer Friendly
SportsMemo.com blog entry.
Well, this isn't good.


“There is uncertainty about the laws of the United States governing Internet poker, though not about laws governing Internet sports betting.  In United States v. DiCristina a Federal District Court for the Eastern District of New York held that poker is a game in which skill is the predominant factor in determining the outcome and that in passing the Illegal Gambling Businesses Act, Congress only intended to criminalize clear games of chance.”

“The ‘game of skill’ argument to support the legality of poker was a lie perpetrated by Online Poker companies to deceive consumers into depositing money on their gambling Internet sites,” said Lavery to FORBES.  ”I think this decision renders the skill argument a dead letter for loophole gambling like online poker and the so-called emerging ‘Daily Fantasy Sports’ craze.  This ruling should not have an Impact on the Internet Poker Freedom Act.  That bill Read more



Tags: Poker




WSOP winner will pocket $8.3 million

07.09.2013     01:38 PM     Printer Friendly
SportsMemo.com blog entry.
Over 6,500 poker players are competing for this year's World Series of Poker Main Event. First place takes home a cool $8.3 million.


“Back then, I knew three poker players,” Moneymaker said at the ceremony. “Over the last 10 years, I’ve met thousands and thousands of wonderful people in this game. It’s really evolved into something magical, and what you see here today.”






Tags: Poker



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