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Update: FTP to Be Acquired

Speculations about the French investor prove as true After a rather turbulent period, finally some good news arrived today for Full Tilt Poker, as the company is to be acquired by the French investor whose identity has finally been revealed. As it turns out, the speculations and rumors were right, and the buyer of FTP is the French business turnaround speciali...

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Chili Gaming in US Drive

Prospective US legalization attracts another operator According to the famous French internet gambling group Chili Gaming, the US online poker market may be its next venture, as it plans to open an office in San Francisco soon and offer a fully legal, free-to-play social poker gaming network using its proprietary software and virtual currency. This may be a...

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Update: FTP Complains to AGCC's Decision to Revoke Its License

The company sale damaged After the Alderney Gaming Control Commission issued a statement explaining its decision to revoke Full Tilt Poker's license, the beleaguered company's reaction was prompt and embittered. In its statement, FTP claimed that the Commission's decision has made it more difficult to arrange the sale of the company that would enable the pa...

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Update: AGCC Revokes Full Tilt Poker License

Will this be a problem for a potential investor? After a period of silence from both sides, on Sept. 29 the Alderney Gaming Control Commission has announced its final decision regarding the licensing of Full Tilt Poker, revoking it and leaving the troubled FTP with a secondary Kahnawake licence. In its statement, signed off by AGCC executive director André...

Gambling Law & Society News Poker Software

Microgaming Poker Network Takes a Democratic Approach

Operators' representatives to make their own decisions An announcement arrived this week from the Microgaming Poker Network, announcing the formation of a new Network Management Board (NMB) which will be in charge of the control of the development and operational running of the network, now classified as a Sportsbook Poker Network. Sportsbook Poker Network...

General Poker News Poker Software

Update: PPA Reaches Petition Threshold

5 000 signatures collected After a somewhat slow period, a report arrived this week that 5 000 signatures necessary for a presidential petition for the legalization of online poker in the USA, have been collected. The petition represents a response to a White House initiative that called on Americans to submit their concerns in petition form. The signatures...

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Update: Full Tilt Acquisition Deal Closed?

No official statement yet Full Tilt Poker's acquisition may be close at hand, according to recent Twitter posts which report of rumors that a French investor whose identity has caused much speculation throughout the industry has sealed the deal. According to a Pokercast host Adam Schwartz, "I was told by what I feel (and most of you would too btw) is a very...

Gambling Law & Society News General Poker News

Initial Passage of Nevada Online Gambling Regulations Without Problems

Nevada Gaming Control Board holds a successful workshop A report that arrived this week from the US state of Nevada includes the latest news from the Nevada Gaming Control Board's workshop where the state's proposed new online poker regulations were discussed. The officials stressed that the purpose of these regulations is to put Nevada in a favorable posit...

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Poker Comes to Google+

Zynga takes part in the traffic boost After it has opened its door to the wider public last week, Google's social networking venture Google+ has seen its traffic boost by 1,269 percent. In the first week, almost 15 million people joined the network, which means that "in just one week, Google+ went from ranking as 54th most visited site in our Social Networking...

General Poker News

Update: New Opinion on FTP Losses

Are the losses tax-deductible for US residents? New opinions appeared this week regarding the US Justice Department assertions that Full Tilt Poker was operating a Ponzi scheme, including the one given by the a California law firm which believes that this turns out to be true, American players may actually have something to look forward to. Namely, they ass...

Gambling Law & Society News Poker Banking

WCOOP Main Event Finishes

Danish poker pro takes down the massive first prize Impressive names among the 1,627 entrants to the $5,200 buy-in 2011 PokerStars World Championship of Online Poker main event weren't enough to intimidate Danish poker master Thomas "Kallllle" Pedersen, who proved his quality in the fierce competition and left the competition with a title and the main prize....

General Poker News Live Poker Tournaments

America's Card Room Revamped?

Once major poker site may be relaunched A report arrived this week that America's Card Room, which used to be one of the top online poker venues that attracted big players, may once again join the market in a new version that uses Dobrosoft software. Reportedly, the site will join Yatahay network, through which it can take US players. According to the netwo...

General Poker News

WPT Malta Goes to WSOP Final Tabler

Giannetti takes home EUR200 000 This seems to be a lucrative year for a November Niner, Matt Giannetti, who this week scooped another win by taking down the World Poker Tour Malta Championship. As a reward for his trouble, Giannetti took home a paycheck for EUR200 000 and a $25 000 seat in the WPT World Championship at the Bellagio next April. At the EU...

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WPT Borgata Open Finishes

Oboodi takes home $922,441 This week saw the end of the World Poker Tour Borgata Open Championship, which was taken down by Atlantic City poker pro Bobby Oboodi, who this way earned the biggest win in his career to date. Oboodi outplayed the field of 1,313 to take home the main prize of $922,441 and a $25 000 seat in the WPT World Championship at the Bellag...

General Poker News Live Poker Tournaments

Another Fierce High Stakes Poker Action at PokerStars

!P0krparty earns over $405 000 The biggest online poker site has been abuzz this week with speculations about the real identity of a relatively unknown player !P0krparty¡ who proved to have quite a playing quality when he beat some big names such as Rafa Amit and Sauce123 to get to his big up of over $405 000. The session in which he took this massive amou...

General Poker News Online Poker Tournaments

New Developments in FTP Case

Justice Department goes after defendants' assets After adding four new names to the civil complaint against Full Tilt Poker, the US Justice Department decided to take a step further and out more pressure to the beleaguered company. This time, the four new names in the civil action, the company directors Howard Lederer, Chris Ferguson, CEO Ray Bitar, and Raf...

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Update: Lazy Beginning for US Online Poker Petition

Current numbers way below the needed 5000 signatures After a pompous announcement that it is collecting signatures for a pro-online poker petition on the US Government communication website 'We the People,' the PPA's starting results are way below the expectations. So far, it has registered only 2000 signatures, which is much short of the 5000 benchmark...

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Update: Speculations on Identity of Investor Interested in FTP…

… and on the outcome of the AGCC hearing Another set of rumors and speculations emerged on Sept. 23, with more detail about the case of Full Tilt Poker, their negotiations with a potential investor, and the hearing on its license with the Alderney Gaming Control Commission. This time, probably the most important rumor is that the investor interested in th...

Gambling Law & Society News General Poker News

Update: Ifrah Reports French Investor's Interest in FTP

Negotiations are ongoing, claims the FTP attorney After the whole confusion regarding the amended civil complaint against Full Tilt Poker and its heads, a FTP lawyer, Jeff Ifrah, issued a statement claiming that the company is pursuing negotiations on its acquisition with a French investor. According to him, the negotiations have been going on for weeks, â€...

Gambling Law & Society News General Poker News

Changes Announced at Bodog Poker

Full poker tables to be removed from the lobby A new announcement arrived this week from Bodog Poker, informing interested parties of the changes that will take place in its poker lobby. Those will include the removal of full poker tables from the lobby, which will result in the prevention of data sites from accessing accurate information on player numbers....

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