Poker Rumours

October 1st, 2011 by Renee K

Full Tilt Poker issued a statement on Friday announcing that the French business tycoon, Bernard Tapie, is interested in purchasing the online poker room. Tapie, who once served in the French government, and is also a sports tycoon and actor, agree to buy Full Tilt’s assets, despite the deep water it finds itself in with [...]

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September 27th, 2011 by Roger S

The ongoing saga involving Full Tilt Poker and the lawsuit brought against the online poker room by the US Department of Justice has only strengthened US Rep Barney Frank’s determination to see momentous changes in the country’s online gambling system. Barney Frank, who is one of the most outspoken supporters of changes to the UIGEA [...]

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September 24th, 2011 by Maria T

Using the Full Tilt Poker event as a case in point, the American Gaming Association (AGA) has commented publicly on the need to change gambling laws in the United States to avoid further incidents such as these. The President and Chief Executive Officer of the AGA, Frank J. Fahrenkopf Jnr said in a recent press [...]

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September 24th, 2011 by Renee K

The Poker Players Alliance issued a statement recently, commenting on accusations leveled against Full Tilt Poker that the online gambling site operated as a Ponzi scheme and defrauded its members out of hundreds of millions of dollars. The claims were made by the US Department of Justice and mentioned in a lawsuit against the group. [...]

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September 22nd, 2011 by Roger S

Following strong accusations by US federal prosecutors that Full Tilt Poker operated as a Ponzi scheme and stole over $400 million from its players’ funds, a lawyer for the online poker site strongly rejected these allegations. Jeff Ifrah, the lawyer (despite claiming to have ceased working with Full Tilt) told the media yesterday that he [...]

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September 14th, 2011 by Matt W

David Saab, a thirty year old professional poker player from Australia, was handed a fourteen year jail term for his role in the smuggling of cocaine from Canada to Melbourne. The drugs had a street value of $8.5 million. Saab is well known on the professional circuit Down Under and won $550K in one season [...]

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September 14th, 2011 by Renee K

Former governor Bob Riley of Alabama reacted to the news that the state spent nearly $4 million on its illegal gambling task force in the past two years. Riley said that despite the high costs, the force had successfully shut down dozens of operations deemed illegal. The task force was created by Riley at the [...]

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September 14th, 2011 by Maria T

The recent storms which battered the east coast of the US also affected the 11 casinos in Atlantic City. According to recent numbers released by the New Jersey Division of Gaming Enforcement, Hurricane Irene managed to wreak more damage to the area’s gambling establishments than previously believed. The numbers show that revenues in the eleven [...]

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