Poker, Gambling News

CEREUS to Launch Tuesday

In an e-mail sent by affiliate group Chipleader to its business associates on Monday, it was revealed that CEREUS, the merged player bases of Ultimate Bet and Absolute Poker, would launch on Tuesday. The formation of the network was originally announced back in July, but has since been put on hold. In the background has been an ongoing legal battle between Excapsa, the former owners of Ultimate Bet, and Tokwiro, its current ownership group. A reliable source at Ultimate Bet also confirmed the launch of CEREUS on Tuesday.

 

On November 5th, a press release distributed by Tokwiro stated that Excapsa had been ordered to pay the company $15 million which would be used to “refund players who were affected by the cheating scandal that Tokwiro inherited when it purchased the business from Excapsa.” During the course of the investigation by the Kahnawake Gaming Commission (KGC), the organization that licenses Ultimate Bet, Russ Hamilton was identified as the main perpetrator behind the cheating scandal. 24 Nov, 2008. Read More

Barry Greenstein Holds Masterclass on PokerStars

Today, many members of PokerStars were able to pick the brain of one of the top names in the poker industry. Three-time World Series of Poker bracelet winner and Team PokerStars Pro member Barry Greenstein held a Masterclass Eight Game Single Table Tournament, explaining the logic behind his every move and answering questions from observers along the way. The 60,000 Frequent Player Point buy-in tournament had a $6,000 prize pool. In the event that Greenstein finished in the money in the sit and go, he would donate his earnings to the Children Incorporated charity.

 

The eight games played by Greenstein and company on Sunday were Limit 2-7 Triple Draw, Limit Hold’em, Limit Omaha Eight or Better (Hi/Lo), Razz, Limit Seven Card Stud, Limit Stud Eight or Better (Hi/Lo), No Limit Hold’em, and Pot Limit Omaha. 23 Nov, 2008. Read More

Industry advocates react to Kentucky ruling

In the wake of Franklin County Circuit Court Judge Thomas Wingate's decision against the online gambling sites in a Kentucky case, officials from iMEGA, the Poker Players Alliance and even the Internet Commerce Association have released statements.

 

Essentially, Judge Wingate has ordered owners of 141 online gambling domain names to appear at a Nov. 17 forfeiture hearing and demonstrate that they are blocking traffic from residents in Kentucky. If the sites don't appear or don't comply with the ruling, the domains will be forfeited to the state. 18 Oct, 2008. Read more

Harleyween Poker Run

Fifth annual Harleyween Poker Run is planned, with registration at 11 a.m. at the Harley-Davidson Training Center. Sponsored by the Four State Scooter Boosters, the event will include vendors, a slow ride, burnout contest, loud pipes contest and music by a DJ. First bike out will be at noon. Dyno runs will be $25. Food will be available for $5 per plate. All proceeds will benefit the Harley-Davidson Training Center SKILLS USA Chapter. 17 Oct, 2008. Read more

Plasterer wins SkyCity poker championship

Lower Hutt plasterer Daniel Craker last night became the first SkyCity festival of poker champion, outplaying 305 rivals over four days to take home the 2008 festival of poker championship trophy and $257,040. 12 Oct, 08. Read more

SSIGI asks governor to end net gambling ban

Even more elements of the online gambling industry are weighing in on the online gambling domain name case in Kentucky. The Safe and Secure Internet Gambling Initiative released a statement this week asking the Kentucky governor to stop his efforts to ban online gambling in his state.

 

"The Safe and Secure Internet Gambling Initiative calls on Kentucky Governor Steve Beshear to support the regulation of Internet gambling as a way to protect Kentuckians and generate billions of dollars in new revenue, rather than seeking to prohibit the activity," said Jeffrey Sandman, spokesperson for SSIGI. 8 Oct, 2008. Read more

 

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