More Plea Deals in Vadim Trincher Sportsbetting-Poker Ring Case

August 18, 2013 by Keira Perivolaris with No Comments

Eastern District of New York Department of Justice attorney Preet Bharara announced on Friday that plea deals have been reached with two more defendants in the case of the Taiwanchik-Trincher sportsbetting and racketeering ring, which allegedly operated elite high-stakes poker games in New York City and other locations and funneled millions in sports bets through offshore poker sites.

The two defendants whose deals were announced this week, Kirill Rapoport and William Barbalot, were among the organizers of Trinchers high-stakes poker games.  Each still faces a possible maximum five-year prison term when sentenced in December, though the actual sentence length will likely be much shorter.

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888 Holdings Jumps The Pond; Bringing Brand of Online Poker to NJ

August 13, 2013 by Keira Perivolaris with No Comments

The Jersey shore just welcomed another guest.

London-based 888 Holdings PLC has announced it has agreed to partner with Caesars Interactive Entertainment, leveraging its years of experience to gain a foothold in a potentially massive US online gambling market. We are extremely well positioned in the US and are working with the regulators in Nevada, Delaware, and New Jersey as these three states become ready to open, CEO Brian Mattingley delivered in a statement. The agreement with Caesars will allow 888 to launch a business to consumer casino and poker product, a move that has international banking group Investec PLC giving a big thumbs up.

According to Investec, 888 Holdings stock had been given a buy rating because it has demonstrated strong and consistent revenue growth, as well as exceptionally attractive US profit opportunities that have been materially improved following todays announcement with Caesars.

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Post-Tournament Depression (PTD)

August 11, 2013 by Patricia Mayers with No Comments

Now that the World Series of Poker has ended for the summer, I see a lot of players walking around like zombies with what I call PTD — Post-Tournament Depression. When you talk to those affected by PTD, often they will tell you about how much money they left on the table or how if they hadn’t been unlucky on a certain hand they’d have won so much or had a shot to win an event.

In truth, PTD is a very common ailment. The fact is when a tournament ends or series of tournaments are over, there are very few people walking around with smiles on their faces. Normally at the end of any event, there is one happy person and a thousand unhappy people. Those who want to play a lot of tournaments have to realize this fact that only the winner truly ends up happy.

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Japanese Poker Player Caught in Spam Scandal

August 9, 2013 by Keira Perivolaris with No Comments

Masaaki Kagawa, a high-stakes Japanese player, has been arrested after being suspect of running a scam involving malware. Kawaga and eight other players were arrested in Japan by the Chiba Prefectural Police. The group has been accused of distributing spam via emails that included links to download Androis Enesoluty.

This download included a Trojan horse virus that could and did steal data from Android devices, sending it over a remote server. The malware is thought to have collected about 37 million email addresses from the 810,000 contacts lists it detected on infected devices. The whole point of the scam was to reroute users to a fake online dating site, Sakura, at which you could then sign up for a fee.

Kagawa participated in a Super High Roller Reload tournament in 2012 in Monte Carlo, a €98,500 NLH event. T

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Ladies Event Added to WSOPE Schedule

August 9, 2013 by Eliza Desailly with No Comments

A Ladies Event has been added to the 7th World Series of Poker Europe (WSOPE). This tournament with seven bracelet events was originally scheduled from October 12 to October 25. Now it will begin on October 11 with the Ladies Event.

The inaugural WSOPE was held in London. For the last three years WSOPE was held in Cannes. The 2013 WSOPE is being held at the Casino Barrière d’Enghien-les-Bains, in a suburb of Paris. The host casino has guaranteed at least 100 players for the entire tournament, who have earned packages through satellites and promotions. In addition the online poker room 888.com has guaranteed 50 players in the Main Event through its satellite tournaments.

WSOP in Las Vegas has been holding a Ladies Event for the last 36 years. Ty

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PokerStars Weekly Update – August 8

August 8, 2013 by Lucas Pattison with No Comments

WCOOP Offers Biggest Ever $8 Million Main Event

PokerStars unveiled the complete schedule for the 2013 World Championship of Online Poker (WCOOP) , offering $10 million more in guaranteed than last year.

The annual series, which runs from September 8-29, is guaranteeing a record-breaking $40 million prize pool across 66 events. With buy-ins ranging from $109 up to $10,300, 14 of the 66 tournaments offers guarantees of $1 million or more.

THe WCOOP Main Event, running September 29-30, is a $$5200 buy-in two-day tournament that features a jaw-dropping $8 million prize pool and $1.25 million for first place. Last years main event hd a $5 million prize pool.

Players can now play a wide variety of satellites online and try to win a seat to one of the scheduled events.

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Payments Coming Shortly From Full Tilt to US Players?

August 6, 2013 by Eliza Desailly with No Comments

One of the most talked about issues that has been on going over the past year or so has been the payments that are owed to players from Full Tilt Poker to the United States poker players. After PokerStars bought Full Tilt Poker this past year, it looked like things were going to continue to move forward, especially after they paid back the International players. Well, weve had a bit of a standstill, but thats not to say that things arent in the works for the players in the United States who havent gotten paid. As a matter of fact, things look very good right now, as there was news that came out last week that the claims administrator who handles the payouts to United States players said that the payments are going to begin shortly. When is shortly?

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