August 25, 2011
The gambling state of Nevada has moved ahead quickly following the legislature’s approval earlier this year of legalised internet poker subject to prior federal legalisation (see previous reports on Bill AB258). The passage of the new law included a tasking for the Nevada Gaming Control Board to draw up appropriate regulations for the state to […]
August 25, 2011
Gary Loveman, CEO of the Las Vegas-based gambling giant Caesars Entertainment, has again pushed the online poker agenda forward in a televised public interview. Appearing on Fox Business News Wednesday, Loveman was asked about the potential for online poker being legalised in the United States, and offered a bullish opinion that, provided Congress can provide […]
August 24, 2011
Party Poker, one of the pioneers among online poker operators, has decided to make a fundamental change in the way it calculates rake from August 24, switching from the ‘dealt’ model to the much discussed and often controversial ‘weighted contribution’ method. In the older ‘dealt’ model, rake is calculated by dividing the total rake paid […]
August 24, 2011
Twenty-three-year-old poker coach and high stakes internet player Brian Hastings has added to his professional career earnings of around $4 million by winning the WPT Regional Summer Splash in Hollywood, Florida this week. The title is his first in a major live tournament despite his formidable reputation on the internet. Hastings is respected for his […]
August 24, 2011
The manager of Full Tilt Poker’s pro team, Chris Porter, has reportedly left the company’s employ just days after his colleague, chief marketing officer Lothar Rentschler, also departed . Porter, who managed international poker ace Patrik Antonius during a previous employment with Poker Royalty, has not commented publicly on his exit, which was initially reported […]
August 24, 2011
Online poker provider Genting Poker has announced that it is the first iPoker room to launch Playtech’s Home Game product, providing its players with the ability to create their own private online tournaments. The company is promoting the Home Game launch with the opportunity for 8 players to win a seat against professional poker player […]
August 23, 2011
Beleagured online poker company Poker Kings Ltd has issued a press release on the status of the Full Tilt brand with regard to potential investors. In a short statement issued to PokerNews, the company confirms that while it continues discussions with its current investor, it is now seeking additional potential investors with a view to […]
August 23, 2011
Celebrity Hollywood Director Nick Cassavetes has filed a motion to dismiss a lawsuit brought against him, reports TMZ, that is connected to an alleged illegal gambling ring that ran multi-million dollar underground poker games in the United States. Litigation claims against Cassavetes were brought by the bankruptcy trustees of Brad Ruderman a hedge fund investor, […]
August 20, 2011
The crisis at Full Tilt Poker (see previous reports) appears to have claimed another casualty with the resignation this week of Lothar Rentschler, the top marketing manager for parent company Pocket Kings. Rentschler joins a string of employees, including various ‘country’ managers, who have left the Dublin, Ireland-based company either voluntarily or as part of […]
August 20, 2011
The well-known international poker pro Chino Rheem saw much of his $1 million dollar win in the first Epic Poker League tournament disbursed to his creditors last week, and has additionally suffered the humiliation of a disciplinary hearing by the League over his financial affairs. The hearing was held in the wake of complaints by […]