It's been a tumultuous year for Full Tilt to say the least. After the Black Friday indictments, the company had its license revoked, was named a "Ponzi scheme" by the Department of Justice, faced two class action lawsuits and had some of its biggest representatives suffer severe and irreversible brand damage. The company has also experienced a lengthy period of negotiations that has only left those interested in the company's status with a bitter taste in their mouth. There have been no formal press releases, no widespread media interviews and minimal outreach in communication. Quite simply, the company has done its best to remain in the dark as they appear to take a step in a new direction.
Through recent filings in Ireland and Malta, the company has finally revealed its new course and it appears to be under the guidance of Laurent Tapie and Prosper Jeremy Masquelier, the named directors of New Full Tilt Limited. Additionally, Orinic Limited, a subsidiary of Full Tilt, has applied for a Category 2 License with the Alderney Gaming Control Commission to offer online gambling. The license hearing will take place on May 3 in Alderney and will be open to the public. Even if the hearing goes smoothly, the license will not be awarded that day. The company is also hiring with start dates at the end of April.
Enrique Razon Jr. says the Philippines will become the world's next gambling Mecca. But he faces challenges from Macau, several local rivals and the Philippines' history of poverty, natural disasters, kidnapping and terrorism.
The next casino battleground is taking shape in this unlikely locale, on a dusty strip overlooking a harbor with fiery sunsets. And in an industry dominated by international moguls, a local businessman who made his billions as a ports operator is betting he can win.
Enrique "Ricky" Razon Jr. says the Philippines will become the world's next gambling Mecca—a destination to rival Macau and the Las Vegas Strip.
Barney Frank speaks with PokerNews on the chances of Internet poker legislation getting passed in 2012.
Barney Frank is losing hope on getting an Internet poker bill through Congress before he retires in January after 32 years in the U.S. House of Representatives.
In an exclusive interview with PokerNews.com, the original champion for Internet gambling rights on Capitol Hill indicated he had given up on poker legislation passing before he leaves office but then backtracked to say there may still be a chance in the lame-duck session between the November elections and the end of the year.
Talk of a casino in Toronto has gone up a notch, with at least two Las Vegas gambling giants expressing interest in building a complex in the city.
Caesars Entertainment is the latest purveyor of blackjack tables and slot machines to voice enthusiasm for the province’s plan for a new entertainment destination in the Toronto area. MGM Resorts International is also eyeing the possibilities of a major development that could include convention space, entertainment venues and restaurants.
“Absolutely, we’re interested,” said Jan Jones, executive vice-president of communications and government relations for Ceasars Entertainment.
After a long period of public silence, a wave of action began in March and has seemingly continued to build towards a relaunch of FullTilt in some form.
Fresh off the one year anniversary of the darkest day in the company’s history, there are signs that Full Tilt Poker is about to finally stir back to life at the hands of Groupe Bernard Tapie.
After a long period of public silence, a wave of action began in March and has seemingly continued to build towards a relaunch of Full Tilt Poker in some form. The latest news involves the formation of a company called “New Full Tilt Limited”. The company, incorporated in Dublin on February 14, lists Laurent Tapie as Director. A similar company was incorporated one week ago in Malta.
Several months after it was announced Group Bernard Tapie was to acquire shuttered Full Tilt Poker, Tapie’s name now appears on the company’s registration.
On Tuesday, a sharp-eyed 2+2 forum poster (Gunner171) uncovered two newly registered companies in Malta under the names “Full Tilt Holding Ltd.” and “New Full Tilt Ltd.” Another 2+2 sleuth (Capt36feet) discovered GBT principal Laurent Tapie’s name as director and secretary on an Irish registration for New Full Tilt Ltd., which was incorporated on Feb. 14 with a declared capital of €1m. And a third 2+2 poster (GrassyKnoll63) found Bernard Tapie’s fingerprints on a Russian-made bolt-action rifle in Dealey Plaza in Dallas. (Just kidding on that last one.)
Full Tilt Poker was among three websites that were forced to exit the US market in April 2011 following an extensive investigation by the US Justice Department. Bank accounts connected to FTP were also froze. US customers have yet to be paid for more than a year now and there are no guarantees that an acquisition by Group Bernard Tapie will result in payouts. Tapie in recent months has suggested that his firm may not be able to refund US players, leaving that in the hands of DOJ officials.
PokerStars, the world’s largest online poker room for real money play, has reportedly filed a legal action against the website PokerTableRatings.com.
Stars is claiming infringement of intellectual property rights and breaching the terms and conditions of the site, as a result of PTR’s alleged data mining activities, according to the site PokerSource.com.
Poker Table Ratings sells statistical data on individual poker players including the style of play and win/loss rates. The site also engages in the sale of players hand histories.
Morten Christensen topped a field of 396 to take down the €3,500 ($4,560) World Poker Tour Vienna main event for a nice payday of $410,519 after qualifying online in a €300 satellite.
The 27-year-old, who has been playing online for nine years and turned pro two years ago, beat Konstantin Tolokno heads up for the largest portion of the $1,651,053 prize pool, adding his name to the list of Danish players who have been causing a ruckus on the major European circuit of late
Tolokno walked away with $251,166 for second place after he made his final stand moving all in over Christensen’s raise of 250,000. Christensen called and flipped over A 8 while Tolokno showed K 8. The board fell A Q 9 7 2 and Morten Christensen took the title, the top prize, and entry into the $25,000 WPT World Championship, which will take place at Bellagio, Las Vegas from May 19 to 26.
Protests are planned against the very bill the Poker Players Alliance is touting as one that will provide freedom for countless numbers of card players in the States.
The PPA wants to attach a bill that would legalize online poker to the controversial Cyber Intelligence Sharing and Protection Act (CISPA). It is a cybersecurity bill that allows the sharing of information between government agencies and private companies.
There is reason to worry, claims Digital Trends reporter Andrew Couts:
During the week of April 23, the House of Representatives is expected to vote on the Cyber Intelligence Sharing and Protection Act of 2011 (CISPA). And starting on Monday, a variety of organizations, including the Electronic Frontier Foundation, the American Civil Liberties Union, the Center for Democracy and Technology, The Constitution Project, Demand Progress, Engine Advocacy, Fight for the Future, Free Press, Reporters Without Borders, Techdirt, and TechFreedom plan to launch a “week of action” campaign against CISPA, a bill they believe remains dangerously broad in its language, which could result in abuse by the government, and damages to our civil liberties.
$1 million buy-in tournament will generate the richest top prize in poker history at more than $12 million...
...and potentially more if additional players get in.
Series officials planned to announce Thursday that 30 players are committed to participate in the Big One for One Drop starting July 1 in Las Vegas.
That number puts the top prize at $12.3 million, which is more than the $12 million Jamie Gold won in 2006 for beating over 8,700 players at no-limit Texas Hold 'em in the $10,000 buy-in main event.
The final table will air live on ESPN, series spokesman Seth Palansky told The Associated Press. The winner will also earn a specially designed platinum bracelet.
Eight-time gold bracelet winner Erik Seidel has joined the field, along with the chief executives of a private college lender and a stock trading firm.
The field is a mix of high-stakes poker sharks known for their tremendous skills and wealthy businessmen for whom $1 million isn't much to spend. Of the 30 players in the field so far, only 10 are professional poker players.
Players such as Johnny Chan, Tom Dwan and Daniel Negreanu are salivating at the chance to match up against lesser players, but billionaires like casino owner Phil Ruffin, and tournament organizer and Cirque du Soleil founder Guy Laliberte say they won't be as nervous with seven figures at stake.
The 30 confirmed players have already put up their buy-ins, and series officials expect to reach a cap of 48 entries. With that many players, the top prize would be $18.3 million.
The $1 million buy-in tournament includes a roughly 11 percent cut for charity but doesn't include the normal fees charged by the series for holding the tournament.
Laliberte organized the tournament with WSOP officials to raise money for One Drop, a non-governmental organization he founded that pushes for access to water in poor countries.
It is a concern that has gripped the online poker community ever since US authorities cracked down on the one time second largest online poker company, Full Tilt Poker, exactly one year ago this week.
Are player funds segregated? Full Tilt Poker’s we came to find out, were not. FTP is yet to pay back a single customer since numerous funds belonging to the company were froze by US authorities. There was indeed some good that came out of those seizures.
We now know the EPT Berlin 2012 final table and it promises to be a good one.
Finalists include the likes of Andrew Chen and David Kitai, both of whom have made final tables in previous European Poker Tour events.
Chen, a 24-year-old from Ontario, Canada, finished third at EPT Prague in Season 6 and was runner-up in a 2009 $1,500 WSOP side event. He came in 5th at the Season 6 EPT Grand Final and eventually went on to win his first major, the $5k Bounty Shoot-out at the PCA for $263,100. At this year’s PCA, he was runner-up in the PCA 6 Max High Roller for $191,984. Chen’s winnings on the live poker circuit now total over $2 million.
The 2012 PokerStars.com European Poker Tour Berlin Main Event is on to Day 3 and former EPT champion Anton Wigg leads the way.
Day 2 at the 2012 PokerStars.com European Poker Tour Berlin Main Event wrapped up on Wednesday after six levels of play. To begin the day, 329 hopefuls returned to action. At the conclusion, that number was whittled down to 102 and they are all in the money.
Former EPT champion Anton Wigg, who won EPT Copenhagen in Season 6, maneuvered himself around all of the obstacles he ran into on Wednesday and bagged up 695,000 in chips. That's good enough to claim the pole position and he'll be the man to catch on Day 3. Wigg played a few big hands during the day, including clashes against Calvin Anderson and Davidi Kitai.
Data mining site Poker Table Ratings has agreed to comply with PokerStars' demands that PTR remove Stars player profiles from the site.
In a striking turn of events, the data miners at Poker Table Ratings (PTR) have announced they will comply with PokerStars’ demands that PTR remove Stars player profiles from its product list. The move follows Stars’ decision earlier this week to send ‘cease & desist’ letters to PTR and to the internet service provider that hosted PTR’s data. On Wednesday, PTR was offline for a spell, apparently as a result of the ISP agreeing with Stars’ claim that PTR had infringed on Stars’ intellectual property rights. Undeterred, PTR was back up and running on a new domain name server within hours. However, not long after PTR emerged from its brief hiatus, its official blog posted the following notice:
“Recent contact by Stars has led to the removal of this network’s player profiles from PTR … Unfortunately we have been unable to gain communication with Stars during this time and it has come to a hostile dissolution of service for this brand. They have taken formal action against us and we will comply with their demands and have the brand removed from the site … we will fully adhere to the cease and desist notice by Stars, though we do not believe that we are a disservice to the online poker community … We still fully believe in our product and will continue to introduce new and exciting features to our customers … The latest events, though a disruption in our plans, do not derail them.”
The Massachusetts Gaming Commission is pressing lawmakers and Gov. Deval Patrick to push back a key deadline for the panel to take over the regulation of horse racing and simulcasting, saying the expanded duties will make it harder to get new casinos up and running.
Commission chairman Steven Crosby said Tuesday that the panel will meet the May 20 takeover deadline if needed, but said delaying the change makes more sense for the state.
Under the casino law approved by lawmakers and signed by Gov. Deval Patrick, the new five-member gambling commission is supposed to oversee virtually all gambling in the state, except for the lottery.
Betsson AB (publ) today announced that it has signed an agreement to acquire substantial parts of the business of Nordic Gaming Group plc...
...which is the owner of the NordicBet, TrioBet and Tobet gaming operations. Once the transaction is approved by competent regulatory bodies, the acquisition will be finalized in the end of second quarter 2012.
Betsson is one of the largest Scandinavian online gambling firms offering a wide range of first-class online gambling products and games in a safe and user-friendly gaming environment.
The company utilizes the Entraction online poker network.
Playtech, owner of the iPoker network, today announced it was planning to buy a business-to-business social gaming platform for €95 million from its leading shareholder Teddy Sagi.
A non-binding memorandum of association has been signed pending a shareholder vote which is needed because of Sagi’s association with the deal. Playtech’s share price fell 15.25p to 335.25 at the time of writing as the market reacted negatively to the deal.
The company said of the move, “By completing the intended transaction, Playtech would gain access to a broad range of social gaming platforms and products and believes it would be uniquely positioned as a leading B2B provider with the ability to supply cross platform capabilities for a full suite of products including social casino, poker, bingo and rummy.”
In addition to the $250,000 that was guaranteed, another $170,000 was handed out at Bad Beat Jackpot tables during Liberty Quarter Million online poker tournament...
The anniversary of Black Friday has been nothing short of legendary for online poker players at Americas Cardroom. On Sunday at 7pm, the online poker site marked the anniversary of Black Friday with the Liberty Quarter Million, an online poker tournament with a $250,000 guaranteed prize pool. And on Monday, shortly after midnight with the Liberty Quarter Million still in play, Americas Cardroom handed out another $170,000 at the Bad Beat Jackpot tables.
I had the CalvinAyre.com team look at a few different angles on Black Friday.
It was one year ago today when the US DOJ in the Southern District of New York unsealed indictments against the three largest US facing poker sites – PokerStars, Full Tilt Poker and Absolute/UB. There’s no need to recap the events as we were all there and in some ways affected by the events of Black Friday.
The landscape has changed and it will continue to change for the American poker player in the coming years. Groups like the Poker Player’s Alliance, iMEGA and other pro-gambling lobby groups will continue to push for regulation but with so many current stakeholders with a finger in the pie and potential stakeholders looking to put a finger in the online poker pie, the only thing clear right now is the online poker landscape won’t be cleared up anytime soon.
Manitoba Lotteries, one of the Canada’s biggest gaming companies recently partnered with British Columbia Lotteries Corporation, which makes it a strong force to be reckoned with. If you are wondering what a lottery company has to do with poker, it is because Manitoba Lotteries has decided to launch a poker tournament that will in all likelihood be the largest poker event held in Manitoba.
The poker tourney has been scheduled to take place from April 11th to April 15th and will be held at the McPhillips Station Casino in Manitoba. As per the expectations for the event, the Manitoba Poker Open Tournament will feature a prize poker pot of almost half a million USD. There will be as much as $600,000 worth of prizes circulating as cash prizes.
The Manitoba Poker Open Tournament was also hosted once before and this will be the second poker tourney to take place. It is expected that a 1000 players will participate.
Vice President Dan Sanscartier, from Manitoba’s Gaming Operations commented on the upcoming event. “Players can expect the Manitoba Lotteries Poker Open to build upon the successes of last spring’s tournament and go well beyond. We reviewed the player feedback from 2011 and made sure that this year’s event will continue to excite our poker players – whether they are new or returning challengers,” he said.
The Manitoba Poker Open Tournament has structured poker blinds and will feature as much as $15,000 worth of poker chips; it will also have 45 minute and 60 minute blinds. The first two days will feature single blinds but the third day which will host the main event and final table game will have two.
The Manitoba Poker Open Tournament will host poker events that have $550 buy-ins and even a last $1,000 buy-in; the winners of these poker tourneys will also be rewarded entry tickets to other poker tournaments like the Winnipeg Sun No Limit Texas Hold’em Tournament giving them the opportunity to increase their bankroll.
The Manitoba Poker Open Tournament will feature mostly Texas hold ‘em poker games in the no limit category. There are 1000 seats only to this event and it is expected that the cash prizes could even go as high as $500,000 if all the seats are taken.
Ken Hunter, who won the previous Manitoba Poker Open Tournament, commented on the upcoming event, “It was a feather in the cap of the guys who run tournaments in Manitoba. The local dealers are top-notch. They make it a good time.”
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