Poker News: Top Ranked on the Money List

Who are the richest men in poker?  4Flush has released an updated list of the top 10 all time poker moneymakers and it bodes well for Phil Ivey, who has pocket $12.8 million (which doesn't include his shares in Full Tilt Poker or his wins online).

Below is a list of the top ranked players on the money list

Phil Ivey

$ 12,813,990

Daniel Negreanu

$ 12,432,367

Jamie Gold

$ 12,201,061

Phil Hellmuth Jr

$ 10,991,871

Scotty Nguyen

$ 10,955,557

Joe Hachem

$ 10,856,216

Peter Eastgate

$ 10,630,471

Allen Cunningham

$ 10,398,118

Erik Seidel

$ 9,814,424

T.J. Cloutier

$ 9,787,199

Democratic Turmoil:  Does It Really Mean Anything to Poker?

Lask week's surprise victory by Republican Scott Brown over the Obama-backed state Atty. Gen. Martha Coakley in a special election to fill the deceased Ted Kennedy's U.S. Senate seat shows why it's looking less and less likely that poker legislation will be able to win a vote this year, writes Matthew Kredel of Poker News.

He describes a scenario of Democrats on Capital Hill being "in full panic mode".

"Few Democrats with tenuous holds on their seats are likely to want to take a stance on a controversial bill like Barney Frank's Internet Gambling Regulation, Consumer Protection and Enforcement Act," Kredel points out.

And he is probably right.

Gambling911.com has already been informed that House Speaker Nancy Pelosi is likely to discourage voting on Internet poker legislation authored by Congressman Frank.

"She will discourage her colleagues from taking stances that could endanger the majority and her position," Kredel writes.

Pelosi is not keen on legalizing online poker strictly on "moral grounds".

Ace King, Gambling911.com