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Second Congressional Hearing on Online Poker Held

Opinions presented, giving politicians material to ponder over The second hearing on internet poker legalisation was held on Nov. 18 by the House Energy and Commerce subcommittee on Commerce, Manufacturing, and Trade, on which occasion a great number of witnesses presented various reasons for and against. The first one to speak was Rep. Frank Wolf, a Virgin...

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24hPoker Acquires Club4Aces

Entraction online poker network changes This week came a report that Club 4 Aces has been sold to 24hPoker for an undisclosed consideration, thus triggering an ownership change within the Entraction online poker network. Affiliates and players at 24hPoker have been advised that the acquisition has been motivated by the company's strategy to "target new mark...

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More Rumors Arise about Kyl and Reid?

AGA hints the bill may be worthy its support After the first attempt of working together in respect of online gambling in the US, Sens. Harry Reid and Jon Kyl are said to be teaming up again – this time working on an internet poker legalisation measure. Those two past opponents form an unlikely duo, but guided by their last joint venture, when they wrote to...

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Party Poker Premier League Championship Taken Down by New Yorker

Frankenberger triumphant and takes home $100 000 This week saw the end of the PartyPoker Premier League Mixed Championship which was won by a former New York stock trader Andy Frankenberger, who apart from the honors took home the main prize of $100 000 and a seat in the PartyPoker Premier League final next year. Frankenberger was short stacked at the begin...

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Senate Indian Affairs Committee Holds Congressional Hearing

Clear views on online poker legalization expressed This has been the week of congressional hearings on the legalisation of internet gambling in the United States, the first of which was held by the Senate Indian Affairs Committee in Washington DC. At this hearing, a clear position has been expressed by tribal representatives that they do want to take part i...

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Full Tilt Engages in Attempt to Get Back Seized Funds

FTP Director files claims A report arrived this week of a new attempt made by online poker provider Full Tilt Poker at recovering some of its seized funds fro...

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Update: US to Hold Second Congressional Internet Poker Hearing

More evidence about to be heard Since the chairperson of the House Subcommittee on Commerce, Manufacturing and Trade, Rep. Mary Bono Mack, called for more information at the last hearing on the implications of online poker legalization, another hearing will be held at Capitol Hill this week with an aim to fulfill her request. This hearing will be titled "In...

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WSOP Winnings Taxation to Bring Some Hefty Sums into State Coffers

But two main event finalists can enjoy their winnings tax-free After the end of this year's World Series of Poker, everyone thinks the main event finalists just went home to enjoy their hefty prizes. But things are not all that pink, since most of them need to pay heavy taxes both to the US’ IRS and to their own governments. Namely, the overall taxation ove...

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Update: Another Client for GamMatrix

Tower Gaming added to client list After benefitting from its OddsMatrix sportsbook service, Tower Gaming has decided to make use of another EveryMatrix product - GamMatrix gaming management and payment processing solution, which will enable it to integrate...

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Nevada to Begin Issuing Online Poker Licenses in Early 2012?

It’s possible, claims a Gaming Control Board official An announcement arrived this week from Mark Lipparelli, the chairman of the Nevada Gaming Board, stating that the work on Nevada online poker licenses, valid for intrastate operations only until federal legalization, could start as soon as in the first quarter of 2012. Reportedly, Lipparelli told delegat...

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Punta Cana Poker Classic Goes to Kirlopoulos

Punta Cana tourney goes to Canadian player for the second time This has been a very good week for a Canadian player Demo Kirlopoulos, who scored a win at the second edition of the Punta Cana Poker Classic. This made him the second Canadian to take down the tournament, as the same achievement was made last year by fellow Canadian Peter Cross. As for the P...

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Trickett Takes Down Partouche Poker Tour

Young Brit shows his skill This weekend saw the end of the 2011 Partouche Poker Tour, which brought much joy to the UK poker fans, as their fellow national Sam Trickett outplayed a field of 579 entrants and took down a major win - EUR1 million (his third seven-figure take-home this year alone) main prize and the important title. The other two of his major w...

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Partouche Poker Tour Grand Finale Imminent

Winner takes home one million euro prize This weekend, it will be the end of the Partouche Poker Tour, whose final table action will begin at the Palm Beach Casino in Cannes, France on November 12. The final table, which will fight for the main prize of EUR1 million, comprises the chip leader Sam Trickett on 2,605,000; Alexandre Coussy 2,473,000; Salman Beh...

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Caesars Entertainment Chief Optimistic Regarding Legal Online Poker in USA

Implementing any law to legalise the internet poker market may take up to 14 months Gary Loveman, the Boston-based chief of US land gambling giant Caesars Entertainment is very optimistic regarding the chances of legalised online poker in the United States. At the company's briefing Loveman joked that the World Series of Poker, which has just finished in L...

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WSOP Bracelet Goes to Heinz

A multi-million prize for the young pro Despite the fact that he had one of the lower chip stacks at the beginning of the final table, a 22-year-old German poker player Pius Heinz showed he’s got what it takes to become a true champion. It...

Ongame Network Loses Tower Gaming

Long-standing skin moves to the Cake Poker Network As it turns out, recent reports that Tower Gaming is leaving the Ongame Network have been true – it’s moving to its rival, a subsidiary of Cake, Euro Cake Network which is licensed by the LGA in Malta that does not accept US action. In addition...

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Microgaming Goes Through with Poker Network Makeover

Network Management Board meets for the first time A report came this week that the Microgaming Poker Network Management Board (NMB) met for the first time on Nov. 3 and 4, and that the discussion and voting at the meeting led to a full formation of the NMB’s functions and responsibilities, an agreement of the development, as well as introduction of changes to...

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PokerStars Sunday Millions Taken Down by UK Punter – Again

UK amateur wins two PokerStars Sunday Million tournaments in four months This week’s news from the world’s biggest poker site, PokerStars, involve news of the second-time winner of its Pokerstars Sunday Million - a UK amateur player, Kevin Steele, who took down the tournament twice in just four months. Steele (36) began his poker career only some six years...

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WPT Amneville Goes to Adrien Allain

French poker pro takes home EUR310,633 The Euro 3,200 + Euro 300 World Poker Tour Amnéville tournament ended this week, with its main prize of EUR310,633 scooped by a French poker ace Adrien Allain, who in addition to the money also gained a $25 000 seat in the WPT World Championship at the Bellagio in 2012. In a comment on the winning outcome of his first...

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Another Record Breaking Number by PokerStars?

10th birthday deserves a lavish celebration It seems like the world’s biggest poker site, Pokerstars, has no time for rest, trying to beat its own records for the largest number of player in action on the internet. The next one to run over is 149,196 players set in 2009. The company hopes to break this one in December, and it will be another cause for celeb...

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