2006 October 14 Poker News, Events and Happenings
When the pressure turned up on online poker rooms in recent weeks, thanks to the bill that has just became law calling for banks to block online gambling transactions, many poker rooms announced that they will soon be leaving the US market. Perhaps as a way to smooth things over with their US customers, which typically make up some eighty percent of the players online, rooms such as Pacific Poker are offering American-themed events. Pacific Poker is hosting the Great American 50 Stars event, where fifty prizes are up for grabs, including the use of a Corvette…
As the poker world watches, many poker industry players are making some drastic moves to restructure their business strategy, including selling off their online poker and other online gambling deparments - at least, those that operate in the US. One company, Excapsa, may come under fire for the way they went about it - the company recently sold off its US facing operations for $130 million. The kicker is that $120 million of the price is deferred until after the bill becomes law…
The online-satellite pipeline to the Main Event at the WSOP found itself clogged in a major way this past week, as word leaked out from Harrah’s Entertainment, owners of the World Series of Poker, that they will no longer accept…
President George W. Bush signed the Safe Port Act into law yesterday, and along with it the Unlawful Internet Gambling Enforcement Act of 2006. While some diehards were holding out hope, the fact that the anti-online gambling act was attached to the Safe Port Act in the first place made it a foregone conclusion that Bush would sign it into law…
When the small plane crashed into a high-rise apartment building Wednesday in New York City, emergency personal swarmed to the scene. While waiting for the details to pan out, many were concerned this was the precursor to another terrorist attack, ala September 11, but it turned out to be an accident involving New York Yankees Cory Lidle. While no official word was immediately released confirming his identity, the plane was registered to Lidle and his passport was found on the street below…
Foxwoods Resort Casino will once again be the epicenter of the poker world as the prestigious World Poker Finals (WPF) and hugely popular World Poker Tour (WPT) return to New England this fall. This prominent three-week event attracts the games biggest stars, throngs of amateurs, thousands of fans, national television cameras and an expected total prize pool of $15 million, consistently one of the top five prize pools on the WPT tour. Last years Texas No-Limit Holdem champion Nick Schulman, t
The United States is not the only spot around the world where poker is under intense scrutiny, although most of the global focus has been on America in anticipation of a new anti-online gambling law. Canada recently saw police raids in four different establishments, the end result of a six month investigation into Texas Holdem poker operations in Ottawa. The OPP’s Illegal Gambling Unit and Ottawa police handed out search warrants and made charges of keeping a common gaming house to the Poker Loft, the Royal, the Uppercut Club, and the Ottawa River Club…
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