Online Poker The Single Most Important Issue Since Yucca Mountain Says Reid
In a sharply worded letter to Republican Senator Dean Heller on Wednesday, Senate Majority Leader Harry Reid asserted that his colleague was avoiding the issue of legalizing online poker in their home state of Nevada, calling it “the most important issue facing Nevada since Yucca Mountain."
Reid was making reference to a planned deep geological repository storage facility that would have been located in the Yucca Mountain of south-central Nevada. That project would eventually be scrapped in 2010.
Poker Maximus II – Day 6 Recap
Three more great No Limit Hold’em events took place on Day 6 of the Poker Maximus II series as over $115,000 in guaranteed prize money was up for grabs. Learn More About Poker Maximus II Here
Poker Hall of Fame 10 Finalists Announced
10 finalists have been announced for this year’s Poker Hall of Fame.
They are:
Scotty Nguyen – One of the more lovable characters in the game of poker, Scotty won the t1998 World Series of Poker Main Event. His record includes $11.6 million in career earnings, 19 World Series of Poker and 8 WPT final table appearances along with a total of five WSOP bracelets won.
Thor Hansen – Norwegian poker pro who has cashed in more than 175 live tournaments since starting in the late 1980’s.
Greece to Privatize Prized Gambling Monopoly as Means to Appease Lenders
(Reuters) – Greece outlined a plan to sell one of its most profitable state-controlled companies, gambling monopoly OPAP, reviving a stalled privatisation drive to appease international lenders.
Inspectors from the troika of European Commission, European Central Bank and International Monetary Fund lenders are in Athens on a crucial visit that will determine whether the country gets further aid under its latest bailout programme.
Penn National Ponies Up Another $4 Million to Try and Stop Baltimore Casino
Penn National has added another $4 million to the $5.5 million already donated to try and prevent the construction of a Baltimore casino. Voters will have the opportunity to make the final decision come Election Day and Penn is determined to try and discourage residents from backing such a plan.
What The US Government Alleges Howard Lederer Did With The Full Tilt Poker Player Funds
Distributions to Full Tilt Owners, Including the FTP Insiders 124: Rather than protect player funds as promised, Full Tilt Poker distributed hundreds of millions of dollars to its owners. Beginning in April 2007 and continuing through April 2011, Tiltware LLC’s Board of Directors, to wit, the FTP Insider Defendants, authorized the distribution of approximately $443,860,530 to the owners of Tiltware LLC, including themselves, further promoting and facilitating the ongoing illegal operation of Full Tilt Poker during this time period.
Iceland to Block Gambling, Porn Websites
Iceland’s two biggest ISPs are considering blocking online gambling and porn websites, according to Mashable.com.
Vodafone and Síminn, two of the country’s larget ISPs, are eyeing sites that feature x-rated material, gambling or other questionable content, it was reported on Wednesday.
IGT, Entraction Scales Back on Internet Poker: Skins Left Homeless
Citing diminished returns, International Gaming Technologies (IGT), has opted to scale back on its Web poker business. Those online card rooms operating on the network were informed of this decision earlier in the week.
60 Gambling Machines From 40 Businesses Seized Throughout Phoenix
PHOENIX – (Associated Press) - Nearly 60 gambling machines were seized at more than 40 businesses across the valley and agents believe a criminal organization from California is behind the illegal machines.
State and federal investigators served search warrants at smoke shops, gas stations and markets over the weekend. The businesses had games similar to slot machines that allowed players to earn credits and cash them in for money -- but that's against the law.
The machines were taken from businesses everywhere from Surprise to Mesa to Phoenix.
Harry Reid Doubles Down on Calling Out Republican Dean Heller Re: Online Poker Bill
Harry Reid on Tuesday blasted Nevada Republican Senator Dean Heller for failing to help pass through online poker legislation that would help create hundreds of new jobs and millions of dollars in added revenue in the Silver State.
While Nevada has already passed a measure legalizing Internet poker within that state’s borders, operators will be unable to capitalize on “real money” players from outside the state until federal legislation is passed.
DOJ Demands $42 Million From Full Tilt Poker Ring Leader Howard Lederer
The Department of Justice filed an amended civil complaint against four Full Tilt Poker executives including Howard Lederer, seeking more than $100 million total. Lederer is being told to fork over approximately $42 million.
The US Government is seeking the following:
The government is seeking the following judgments:
Raymond Bitar – $40.8 million
Howard Lederer – $42.5 million
Christopher Ferguson – $42 million
Rafael Furst – $11.7 million
Poker Maximus II – Day 5 Recap
The Poker Maximus II Tournament series is just about halfway over now as Monday’s action saw Events 14 through 16 crown winners. With three tournaments a day for the rest of the week and four on Sunday (the final day) there are still plenty of opportunities for you to get out there and take home your own big payday. Learn More About Poker Maximus Here
Camasino Poker Club: Online Gambling Site to Open Land-Based Casino Outside Montreal
Camasino has made a deal with the owner of a poker club located in Kahnawake to change its name from Snakes Poker Club to “Camasino Poker Club”. Camasino will hold major Canadian events at the location along with entertainment and other services giving the clients a Vegas feel!
Nevada Online Poker Applicant to Sell Lottery Tickets to Zynga
Scientific Games has announced a partnership with the world’s largest “free play” online poker venture, Zynga, whereby it will sell lottery tickets to the popular social gaming firm’s 320 million monthly customers, including poker players.
Obama 60 Percent Chance of Being Re-Elected Says Betting Exchange
The online wagering exchange intrade.com has US President Barack Obama being re-elected with 60 percent backing.
Obama received a 6 percent bounce in polls following last week’s Democratic Convention.
Coconut Creek May Become Casino Destination with Mammoth Entertainment Center Planned
The Seminole Tribe of South Florida are looking to develop a mammoth hotel, casino and entertainment complex in Coconut Creek.
The establishment would feature 20 stories, 1000 rooms and an expanded 2500-seat movie theatre and casino.
Still, the idea could be just a pipe dream as no firm date has been set as to when such a project might begin development.
Andy Murray Helps Betfair Smash Record After Slow Football Start
Betfair, the world’s largest betting exchange, revealed on Tuesday that the Wimbledon final was its biggest ever market following reports that the company has gotten off to a slow start with Premier League wagering.
Betfair.com reports that more than £58 million of bets were taken on the July tennis match in which Murray lost to Roger Federer but ultimately went on to secure his first ever Grand Slam title in New York.
Ole Schemion Wins 2012 Partouche Poker Tour
German poker player Ole Schemion has won the 2012 Partouche Poker Tour Final.
Tension Brewing Between Harry Reid and Dean Heller Over Online Poker Bill
Award-winning journalist Jon Ralston reports that he continues to hear murmurs that an online poker bill is “moving” but that tension may be brewing between Democratic Senate Majority Leader Harry Reid, one of the bill’s co-sponsors, and Republican Senator Dean Heller, who is reportedly in charge of soliciting support from fellow Republicans.
Skybook.com Owner Sentenced to 2.5 Years in Prison
A St. Charles, Louisiana man, Anthony Buttitta, 43, has been sentenced to 2.5 years behind bars for tax evasion. He and his father, Dominic Buttitta, 69, of South Barrington, plead to two felony counts filed against them in U.S. District Court and were sentenced Friday by U.S. District Judge Milton Shadur.
Sheldon Adelson Backed PAC Goes After U.S. Rep. John Tierney for Family Gambling Troubles
BOSTON (Associated Press) — Incumbent U.S. Rep. John Tierney is the target of a new television ad from a political action committee bankrolled in part by billionaire casino mogul Sheldon Adelson.
The ad focuses on the Salem Democrat’s family troubles.
Record Attendance at 2012 Borgata Poker Open: $1.9 Million Prize Pool
A record 3,705 players are taking part in this year’s Borgata Poker Open at the Atlantic City casino with the same name.
The 10th annual tournament will feature just shy of a $1.9 million prize pool.
Last year, a mere 1,8000 took part in the $500 buy-in tournament.
MGM Tops Penn Gaming Donation in Fight for Gambling Expansion in Maryland
Penn Gaming has pledged $5.5 million in an effort to defeat a gambling expansion plan in the state of Maryland.
That news comes as MGM Resorts International, which has plans to build an $800 million casino at the National Harbor in Prince George County, had spent close to $2.5 million in support of these efforts.
Casino Mogul Steve Wynn Awarded $20 Million in Slander Suit Against Joe Francis
A jury has awarded casino magnate Steve Wynn $20 million in his slander suit against porn purveyor Joe Francis.
An L.A. Count Superior Court jury determined that the “Girls Gone Wild” video franchise owner, Francis, had knowingly made false statements against Wynn. Francis had told reporters that Wynn threatened to kill him with a shovel over the head and bury him in the desert. The jury found that Francis acted maliciously in making such statements.
Poker Maximus II – Day 4 Recap
The first Sunday of the Poker Maximus II series brought plenty of action as it was the first time there were 4 different events to play and it also had the first $500 buy-in tournament of the series. Learn More About Poker Maximus at Carbon Poker Here
2012 EPT Barcelona Champion Mikalai Pobal is August’s Poker Player of the Month
Quadjacks.com has named 2012 EPT Barcelona champion Mikalai Pobal as their August Poker Player of the Month.
The Belarus-born player managed to beat out Finnish online poker phenom Ilari “Ziigmund” Sahamies to take the EPT honor last month.
Zynga Looks at Mobile Gambling and Online Gambling to Diversify
(NASDAQ) - Zynga ( ZNGA ) is expanding into mobile gaming and is looking to enter into real money online gambling. It recently tied up with Nokia to add Draw Something and Zynga Poker to Nokia feature phones such as Nokia Asha Touch and the Nokia Series 40 range. The games will feature in the phones released in Q3 and will cover nearly 100 million users. Zynga game apps are already available for smartphones and the company plans to expand into feature phones to increase its user base and target emerging economies.
Partouche Poker Tour Blames ‘External Media’ for Prize ‘Confusion’ but Will Honor €5 million
The Partouche Poker Tour has decided to honor its initial €5 million guarantee after quietly cutting the guarantee down by €750,000.
Everest Poker Moves to iPoker Network
Everest Poker and its Bet-Click brand have confirmed a move to the world’s number two most trafficked online poker network, iPoker, after weeks of speculation.
Poker Maximus II – Day 3 Recap
Day 3 of the Poker Maximus II Series saw three more winners crowned in Events #7, 8, and 9. Congratulations to all the players that competed and cashed in these events, but here is how the champions earned their trophies. Learn More About Poker Maximus II at Carbon Poker Here
