2005 November 16 Poker News, Events and Happenings

London’s Sportingbet is the world’s largest publicly traded online, betting, and gaming company in the world. There are very few avenues in the industry that they have not pursued and now their hoping to further solidify its positions on U.S. soil.

News from Poker Industry

Washington - Worldwide online gambling revenues will top $10bn in 2005 for operators of virtual casinos and bookmaking, a market research firm said on Tuesday. The report by the firm eMarketer said the $10bn represents only the “vig,” or house cut - which means there was likely well over $200bn in play over the year.

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The biggest poker tournament in Canadian history is scheduled to begin tomorrow in Richmond, British Columbia, at the River Rock Casino. Not limited to Canadian nationals, up to 1,500 poker players from all over North America will gather to pit their skills against one another in three different Texas Hold ‘em disciplines, pot limit, limit, and no-limit, with a maximum of 500 players per tournament.

Baltimore police are cracking down on illegal gambling operations in their city, as evidenced when they raided the Owl’s Nest in South Baltimore last week. I that case they busted a tournament and arrested nearly one hundred people, 80 of which were give criminal citations. Prosecutors had to dismiss those citations because police charged the participants under the wrong criminal stat; considering the latest raid on Friday netted an off-duty cop, odds are good they didn’t make the same mistake twice.

News from Poker and Law

Poker giant PartyGaming has its eye on Empire Poker, and profit warnings are being talked about around the Internet, but despite what some would consider bleak prospects, the online poker room Empire Poker is doing just fine. In fact players are still finding it a great place to gamble.

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Yankee superstar third baseman Alex Rodriguez said Monday that he was giving up the poker trips that have brought his reputation into question. A-Rod had been spotted at several of the New York City’s poker parlors this year, including a five night run at one particular club after his team was busted out of the AL playoffs by the Los Angeles Angels.

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News from Poker Players

In the back room of a bar off Peger Road on Friday, Jeff Turgeon eyed his hand during a game of Texas Hold’em. With a dwindling pile of poker chips before him, the 39-year-old journeyman carpenter pulled a straight. “I needed that, “he said as he won the hand”. I was about ready to sign up for food stamps. “Turgeon is ranked among the top 10 Texas Hold’em players at the Gold Rush Saloon and is a regular cardplayer in Fairbanks’ growing poker scene. At last year’s saloon-sponsored tournament, Turgeon …

News from Poker Players
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