Poker News
Megaupload Indictment Names Party Poker
Written by Renee K | Tuesday, January 31st, 2012
Bwin.Party digital entertainment, which incorporates Party Gaming and its online poker arm, Party Poker, came out in its own defense this week after the poker room was named in a 72 page indictment by the US Department of Justice against the file hosting group, Megaupload.com. The indictment noted that over a period of several [...]
Poker Players Prompted to Question the President
Written by Renee K | Saturday, January 28th, 2012
In a further attempt to bring the question of US online poker to the attention of the key decision makers on Capitol Hill, the Poker Players Alliance is urging its one million members to field questions on the subject to the top man, President Barack Obama.
The White House has embarked on a new [...]
New Complaint Lodged Against Ultimate Bet Poker
Written by Renee K | Thursday, January 26th, 2012
Ultimate Bet, the online poker site which was badly affected by actions by the US Department of Justice, along with Poker Stars and Full Tilt Poker in April last year, is now faced with a new battle. Eight poker players have filed a complaint against Ultimate Bet Poker, also naming its former parent company, [...]
Zynga Poker Nears Real Money Deal
Written by Renee K | Monday, January 23rd, 2012
The social gaming group, Zynga, which produces hugely popular games for Facebook players, such as FarmVille and Zynga Poker, is edging closer to the world of real money online gambling. The San Francisco based gaming company, confirmed in a statement on the weekend that it was examining a number of options that would help [...]
Full Tilt Payment Processor, Ira Rubin Pleads Guilty
Written by Renee K | Thursday, January 19th, 2012
Ira Rubin, who has been convicted for processing payments for online poker sites such as Full Tilt Poker, Absolute Poker and Poker Stars, pleaded guilty in a Manhattan federal court today.
Rubin worked from Costa Rica, operating a payment system which helped offshore poker companies move “billions of dollars in illegal gambling proceeds” which he disguised [...]
Poker Stars CEO Steps Down
Written by Renee K | Thursday, January 19th, 2012
The Chief Executive Officer of Poker Stars, Gabi Campos, announced to the industry this week that he will be stepping down from his job. Campos has been CEO of the giant online poker room for less than a year and a half and he stated his reason for leaving as the desire to “pursue [...]
IGT to Purchase Double Down Interactive for $500 Million
Written by Renee K | Wednesday, January 18th, 2012
The Nevada based International Game Technology (IGT) is making a huge bet on the future of social gaming by purchasing Double Down Interactive for $500 million. This amount will be paid to the Seattle based company over a period of three years, subject to income generation, with the first $250 million being handed over right [...]
Poker Star Dusty Schmidt Returns to Another Green
Written by Renee K | Tuesday, January 3rd, 2012
Online poker professional Dusty “Leatherass” Schmidt has announced that he is returning to his first love – competitive golf. Schmidt said on his website that he was ready to significantly reduce his time around the green felt and return instead to the green of the professional golfing circuits.
“I came to the realization that I [...]
