Groupe Bernard Tapie deal with US Justice Department on FTP?

November 18, 2011

The latest episode in the Full Tilt Poker saga had media reporters on the hop late Thursday afternoon in the United States as news broke that the prospective buyers of the embattled online poker provider, Groupe Bernard Tapie, had reached agreement on the sale with the US Department of Justice. The news, issued on an […]

U.S. tribes want to share in internet gambling, but retain sovereignty

November 18, 2011

The first of two congressional hearings this week on the legalisation of internet gambling in the United States, a hearing by the Senate Indian Affairs Committee, took place in Washington DC Thursday, with tribal representatives asserting that whilst the tribes want to ensure participation in any legalised US online gambling, it should not be at […]

Frankenburger triumphant in Party Poker Premier League Championship

November 18, 2011

Former New York stock trader Andy Frankenberger has emerged triumphant in the PartyPoker Premier League Mixed Championship, winning the main prize of $100 000 and the respect of his opponents. Frankenberger started final table play as the short stack but by dint of shrewd moves and disciplined aggression he managed to best the opposition and […]

IS this the online poker legalisation bill the AGA will support?

November 18, 2011

The persistent rumours that the unlikely team of Sens. Harry Reid and Jon Kyl are working on an internet poker legalisation measure received a boost Thursday when the New York Post reported on the possibility. Reid, a Democrat from Nevada and the Senate Majority Leader, was thwarted in a move to get a bill through […]

Club4Aces acquired by 24Poker

November 18, 2011

There has been a change of ownership on the Entraction online poker network, with Club 4 Aces.com selling out to 24hPoker.com for an undisclosed consideration. Advisories from 24hPoker to affiliates and players reveal that the acquisition has been motivated by the company’s strategy to “target new markets” and is effective from October 27 2011. Club […]

Full Tilt Poker in bid to claw back seized funds

November 16, 2011

Embattled online poker provider Full Tilt Poker fired its latest broadside at the US Department of Justice Tuesday, when company director and famous poker pro Chris “Jesus” Ferguson, acting on the company’s behalf and through legal representatives, filed a series of separate claims totalling tens of millions of dollars in a New York Southern District […]

Taxing times for poker winners

November 15, 2011

The publication Taxable Talk published an interesting and unusual take on this year’s World Series of Poker main event finalists this week, examining the tax liability on their multi-million dollar winnings. The tax experts who undertook the study concluded that the nationality of this year’s heads up duo, a German and a Czech, means that […]

Second congressional internet poker hearing planned

November 15, 2011

The last time the House Subcommittee on Commerce, Manufacturing and Trade heard evidence on the implications of legalising online poker (see previous report), its chairperson Rep. Mary Bono Mack called for more information before making any decisions, and this week she intends to pursue her point with another hearing on Capitol Hill on Friday. The […]

A quieter week for online poker

November 15, 2011

With excitement and action of the Pokerstars 70 billionth hand celebrations over, online poker traffic sank back 7.9 percent to quieter levels last week, according to the latest weekly assessment by the independent online poker monitor Pokerscout. Illustrating the point, PokerStars traffic dropped 18 percent last week, nearly cancelling out the previous week’s 22 percent […]

Brit victory in French poker tournament

November 14, 2011

The young Brit poker pro Sam Trickett added further lustre to his reputation….and a cool Euro 1 million in prize money to his bank balance…this weekend in Cannes, France, besting a field of 579 that included many of the top players in the world to take down the 2011 Partouche Poker Tour. It was his […]