World Poker Tour Creator Sued for Stealing Televised Poker Idea

How would you feel if you had a multi-million-dollar idea stolen from right under your nose? Well that’s how Jonathan Waessil, of Garden Grove, California, probably feels right now. Waessil, a poker player himself, believes that Steve Lipscomb, the creator of the World Poker Tour (WPT), stole his idea to televise poker games. Apparently, Waessil and Lipscomb had met each other around 10 years ago at the Hollywood Park casino in Southern California, and had discussed the concept of televised poker. Waessil alleges that he had been working on the idea for about four years by that time, but that, when Lipscomb got wind of it, his intellectual property was stolen.

Read more >>

Wed, March 15th, 2006

Related Poker News:

Casino poker language:

  • DEAD MAN'S HAND - Generically: two pair, aces and eights. Specifically: the black aces, black eights and nine of diamonds. The hand Wild Bill Hickok was holding when he was shot to death.
  • BAD-BEAT JACKPOT - In some cardrooms, a prize that is shared by the players in a game, when a very good hand (usually Aces full, or better) is beaten by a higher hand. Jackpots are usually financed by taking a drop ($1 is a common amount) from every pot. A typical division of the jackpot will give the losing hand 50 %, the winning hand 25 %, and the other players at the table share the remaining 25 % of the Jackpot.
  • AMERICAN AIRLINES - In Hold'em, a pair of Aces in the hole. Better known (at least in rec.gambling) as POCKET ROCKETS.
  • FLUSH - A poker hand consisting of five cards all one suit.
  • ON TILT - Playing worse (usually, more aggressively) than usual because a player has become emotionally upset.
  • BOAT - A FULL HOUSE, three of a kind and a pair.
Archives:
2012
Feb   Jan  
2011
Dec   Nov   Oct   Sep   Aug   Jul   Jun   May   Apr   Mar   Feb   Jan  
2010
Dec   Nov   Oct   Sep   Aug   Jul   Jun   May   Apr   Mar   Feb   Jan  
2009
Dec   Nov   Oct   Sep   Aug   Jul   Jun   May   Apr   Mar   Feb   Jan  
2008
Dec   Nov   Oct   Sep   Aug   Jul   Jun   May   Apr   Mar   Feb   Jan  
2007
Dec   Nov   Oct   Sep   Aug   Jul   Jun   May   Apr   Mar   Feb   Jan  
2006
Dec   Nov   Oct   Sep   Aug   Jul   Jun   May   Apr   Mar   Feb   Jan  
2005
Dec   Nov   Oct   Jan  
Subscribe:
Add our RSS 2.0 Feed to My Yahoo!
Add our RSS 2.0 Feed to Google!
Add our RSS 2.0 Feed to My MSN!
Add our RSS 2.0 Feed to Bloglines!

Search

to Top!
Copyright 2005 - 2012 © PokerNewsHub.com. The information at this site is for entertainment and news purposes only. Poker News Hub.com will not be held for any personal loss of wagers or damages you may incur. Please read the full disclaimer.
For any questions contact us.
Valid XHTML and CSS