Poker
Preet Bharara Receives ‘Person of Year’ Award Ahead of Positive Full Tilt Poker News (Video)
US Attorney for NY Southern District Preet Bharara recently received the India Abroad Person of the Year Award.
India Abroard is a New York City-based newspaper founded by Gopal Raja in 1970 and is the oldest magazine in the United States focusing on Indian-American affairs.
Since 2002, the publication has been honoring Indian-American achievers at the annual India Abroad Person of the Year award ceremony. Past winners include PepsiCo CEO Indra Nooyi and Nobel Prize winner Venkatraman Ramakrishnan.
888 Holdings 2012 Q2 Revenues Up 17 Percent
(Reuters) - Online gaming company 888 Holdings said revenues in July were up by 10 percent so far but added that it was not yet clear what effect the London Olympics would have on its business.
Second quarter revenues rose 17 percent to $92 million, the company said. Earlier this month 888 raised its forecast for full-year core profit thanks to a stronger performance at its casino and poker business.
Third quarter trading started in line with expectations, with July's average daily revenue 10 percent above a year ago, the company said.
Beth Shak Goes on ‘The View’ and Full Tilt Poker Questions Are Out of Bounds
America had a chance this week at hearing some insight into the Full Tilt Poker fiasco from an insider, but the clueless women of "The View" TV show dropped the ball and instead focused exclusively on footwear.
Defendant in ‘Black Friday’ Online Poker Case Gets 3 Years Prison Sentence
A defendant involved in processing millions of dollars in payments for three online poker rooms in the US has been sentenced to three years prison.
Ira Rubin pleaded guilty in January to money laundering, bank fraud and other gambling offenses. He faced up to 55 years in prison, however, prosecutors recommended 18 to 24 months.
Rubin was indicted along with 10 others in April 2011. Four of those named in the indictment still remain at large.
Tribes Want Federal Government to Stop States From Legalizing Online Gambling
WASHINGTON — (Associated Press) - With some states readying to start online gambling, Native American tribal leaders are calling on the federal government to step in as it did with brick-and-mortar gambling and establish regulations that ensure tribes get a piece of the action without having their revenue taxed and their sovereignty compromised.
Eight Analysts Cut Price Target on Zynga as Texas Hold’em Poker Maker Sees Sharp Decline
Zynga witnessed a 42 percent drop in its share price following less-than-rosy news about the company’s future. This has prompted eight different analysts to cut their target price on the maker of popular games such as “Farmville” and “Texas Hold’em Poker”. Of the 24 who follow the company, only give have a ‘buy’ rating on the stock with an average price target set at US$5.
First Online Poker Sites Expected to be Operating in Nevada Within 90 Days
Nevada Gaming Control Board Chairman Mark Lipparelli told the Las Vegas Review Journal Thursday (July 26, 2012) that the first licensed online poker rooms could be operating within that state in 60 to 90 days.
Record Number of PokerStars Qualifiers Set for European Poker Tour Season 9 in Barcelona
LONDON, UK – July 26, 2012 – PokerStars, the world’s largest poker site, today said a record number of players will qualify online for seats to the European Poker Tour Main Event in Barcelona next month. An expected 300 players will win their seats online, nearly 130 more than last year.
Players can learn more about how to qualify and to register for tournaments here: http://psta.rs/EPT.
Zynga CEO Confirms Real Money Online Poker in 2013 During Conference Call
Following a late afternoon collapse of Zynga’s share price Wednesday, CEO Mark Pincus confirmed reports featured on Gambling911.com earlier in the week that the company will be offering “real money” online poker in the first half of 2013.
Gay Poker Players Head Into The Closet With New Shirt Line
High profile gay poker players the likes of Jason Somerville and Vanessa Selbst have increased interest in the game within the LGBT community.
And now there’s a merchandise line that is looking to capitalize on this trend.
It’s Poker Pride!
Zynga Earnings Miss: Las Vegas Sands Falls Short Too
Zynga, which runs the world’s biggest free-to-play online poker room, slashed its outlook after trading.
Pendula: ‘If Zynga Stock Gets Nailed, I Intend to Add Aggressively to My Position’
All eyes are on Zynga later this afternoon (July 25, 2012) as that popular social gaming firm is set to release its financials.
ISPT the Biggest Tournament Ever: Michael Mizrachi Rep for Bernard Tapie New Venture (Video)
The International Stadium Poker Tour is a poker tournament that is slated to take place every year in a world-famous stadium with the 2013 event slated to take place a Wembley.
It claims to be the biggest poker tournament in the world consisting of 30,000 players, a prizepool of 20 m€ and is broadcasted on the Television in more than 28 countries.
The name behind the venture is one many online poker players – especially those screwed out of their funds by Full Tilt Poker – might be familiar with. That would be Bernard Tapie and his son, Laurent.
Alderney Gambling Control Commission to Require Segregated Funds, Monthly Reports
Following the Full Tilt Poker fallout from this past year, the Alderney Gambling Control Commission is looking to help repair its image by revising its licensing policy.
From PokerFuse.com:
Zynga Earnings May Surprise Wednesday: Investors Eagerly Await Las Vegas Sands Numbers
Wednesday July 25, 2012 will be a big day in the world of gambling stocks as investors eagerly await earnings reports from both Zynga and the Las Vegas Sands.
Gambling Sector Anxiously Awaiting Las Vegas Sands 2012 Q2 Earnings Wednesday
Sheldon Adelson’s Las Vegas Sands (LVS) earnings report for 2012 Q2 was to come out on Wednesday, expected after the market closes.
Early forecasts from Wall Street call for an 11 percent increase in earnings per share, to 60 cents while revenue is expected to jump almost 19 percent for $2.783 billion.
'Poker Princess' Molly Bloom has Memoir Deal
NEW YORK (Associated Press) — Molly Bloom, who ran high-stakes, exclusive poker games involving some of Hollywood's biggest names, playboys and sports stars, will have a memoir coming out next year.
Online Poker Movie ‘Runner Runner’ Filming Throughout San Juan, Puerto Rico
Gambling911.com is here in beautiful San Juan, Puerto Rico where “Runner Runner” has begun filming in locations throughout the island.
Zynga to Report Earnings on Wednesday: Online Poker Could Provide Big Boost
Yesterday, Gambling911.com reported on how Zynga was already in the process of negotiating “real money” platforms for its uber popular Texas Hold’em online poker game. On Wednesday (July 25, 2012), the company is set to report earnings.
‘Kite Marks’ for Online Gambling Could Encourage Operators to Obtain License in UK
Regulators in the United Kingdom have proposed using a “kite-marking system” as a means of encouraging operators to seek regulation there.
Absolute Poker Exec Brent Beckley Gets 14 Month Prison Sentence
NEW YORK (Reuters) - An owner of Absolute Poker, one of the three largest Internet poker companies, was sentenced to 14 months in prison on Monday after admitting to deceiving banks over the processing of gambling proceeds.
Brent Beckley, 32, joined Costa Rica-based Absolute Poker in 2003 and became its head of payment processing. Last December, he pleaded guilty in Manhattan federal court to conspiring to break U.S. laws against gambling on the Internet. He also pleaded guilty to a charge of conspiracy to commit bank fraud and wire fraud.
First Family of Poker’s Barry Shulman Talks WSOP, Blasts Dealers and Rival Jamie Gold
Are the Shulmans the First Family of Poker?
At the recent World Series of Poker (WSOP) in Las Vegas, three members of the Shulman family each made the final table of a WSOP tournament--in the same week!
That's never been done before in the history of the WSOP.
In the same week, Barry Shulman, his wife Allyn and their son Jeff all made final tables, with Allyn the only one in the family to go on to win a tournament.
In her case it was the WSOP seniors tournament, which was open to men and women aged 50 or older.
South Point Poker Would Move Away From Zen Gaming Network: Launch Planned for Fall
South Point Poker anticipates being the first “real money” intrastate online poker site in the US with a launch expected by fall.
Zynga Gets Bids to Offer ‘Real Cash’ Online Poker
GTECH G2 and Playtech confirmed to have submitted bids to provide the social giant Zynga Poker with a real cash online poker platform, according to eGaming Review Magazine Monday.
Last week, Zynga founder Mark Pincus (pictured) confirmed the social media firm was exploring “real money” online poker ventures.
Revenues Way Up at 32Red: Will Enter Italy Market
Shares at 32Red have risen 3.3 percent, valuing the company at £30 million following an upbeat forecast of full year revenues.
Nevada Senator: “Online Poker Legislation on the Front Burner”
Nevada Sen. Dean Heller insists that online poker legislation at the federal level is “on the front burner” following reports that Senate Majority Leader Harry Reid had already drafted a measure along with Arizona Republican Senator Jon Kyl.
The WSOP Isn't Over - It's Only Just Begun
Poker Pro Michael MIzrachi Accuses Giorgio Medici of Welching on WSOP Side Bet
Poker pro Michael Mizrachi has accused fellow player Giorgio Medici of refusing to pay on a World Series of Poker bracelet bet.
Mizrachi posted a series of Twitter messages claiming that Medici has said he is now filing for bankruptcy and is unable to pay the said side bet.
He also noted that Medici has allegedly behaved in such a matter in the past.
Michael Mizrachi @TheGrinder44
PokerStars Macau Announces Final Two Special Asia “Player of the Year” Festivals in 2012
MACAU, CHINA – July 20 – PokerStars Macau today announced that it has added two more special events to the 2012 Asia Player of the Year season. The Macau Poker Cup Championship (MPCC) will take place from September 7-16, while the inaugural APPT: Asia Championship of Poker (ACOP) is scheduled for October 26 to November 11. Both events will be held at the Grand Waldo Entertainment Complex.
The Macau Poker Cup Championship (MPCC) is the annual finale for Asia’s premier poker series and will feature a HKD $20,000 buy-in Main Event that has a HKD $4.5 million guarantee.
