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Summary Judgment Likely in California UltimateBet Civil Suit, Collectibility Separate Issue
Remember the California civil lawsuit filed this past January by poker-playing attorney Alan “Bodog Ari” Engle, representing eight former high-stakes UltimateBet players? That action drew a bit of media attention early on, but not much since, and an impasse likely has the whole matter headed for a summary judgment. That judgment, however, is …
Posted in Online Poker, Poker News, What's New Blog
Tagged Alan Engle, Brad Booth, California, Excapsa, liquidation, online poker, Sheldon Krakower, UB, UltimateBet
The Excapsa Claims Bar Processes
Here’s a little tidbit that I could probably share over on my personal blog, but I’ll post it here for the extra traffic. Pictured below is the second “claims bar process” notice published in the liquidation of Excapsa, the original parent compant of UltimateBet.
Yes, the second one. The first one was published back …
Posted in Online Poker, Poker News, What's New Blog
Tagged Excapsa, liquidation, notice, UltimateBet, Wall Street Journal
The Big Muddy, Part 2: Fine Print in New Jersey Legislative Pact Emperils PokerStars Deal
Need more proof that the much-ballyhooed handshake agreement between PokerStars and the Department of Justice is poised on shaky ground? For that we need look no further than the latest updates to the much-debated New Jersey online-gambling bill. This bill currently exists in two versions, but it’s the state Assembly version (A2578) where …
Posted in Online Poker, Poker News, What's New Blog
Tagged 888 Holdings, Black Friday, Boyd, bwin.party, Excapsa, Full Tilt, James Ryan, legislation, measure, MGM, New Jersey, online poker, Party, PartyPoker, pokerstars, Stars, UltimateBet
The Big Muddy, Part 1: Mixed Signals Everywhere on Possible Stars / Full Tilt / DOJ Deal
Looking for a clear indication as to when (or if) the reputed deal between PokerStars and the Department of Justice is going to come to pass? In case you’ve been sleeping for the past few weeks, that’s the alleged settlement in which Stars is supposed to pay hundreds of millions of dollars in …
Posted in Online Poker, Poker News, What's New Blog
Tagged Department of Justice, DoJ, domains, Full Tilt, Kentucky, pokerstars, settlement, Stars
California Tribe’s Deal with bwin.party a Good Deal?
One of the most interesting stories of recent days was the announcing of a deal between European online-poker giant bwin.party (parent of PartyPoker) and California’s United Auburn Indian Community, which operates the mid-sized Thunder Valley Casino Resort near Sacramento, the state’s capital. The deal calls for bwin.party to offer online-poker services on behalf …
Posted in Online Poker, Poker News, What's New Blog
Tagged Auburn, bwin.party, California, deal, online poker, PartyPoker, poker legislation, software, Thunder Valley, United
Sale of Cake ‘Selected Assets’ Official; Lock Announces New Revolution Gaming Network
As expected, Lock Poker and Cake Poker officials this morning independently announced the sale of the Cake Poker Network to Lock Poker, which will be re-branded and relaunched as the Revolution Gaming Network. Lock is expected to announce details of its pending departure from the Merge Network in the near future as it …
Posted in Online Poker, Poker News, What's New Blog
Tagged acquisition, Cake Poker, Gaming, Lock Poker, merger, network, online poker, Revolution
Trying to Reignite Limit Hold’Em: Negreanu Crushed in First PokerStars Limit Hold’em Challenge
Americans love no-limit hold’em, while Europeans favor pot-limit Omaha; so goes the standard wisdom. Yet other forms of poker have their fans as well, and one can’t fault PokerStars for trying to reignite a bit of love in an old standby, that being the fixed-limit form of Texas hold’em. Stars, with a concept …
Posted in Online Poker, Poker News, What's New Blog
Tagged Daniel Negreanu, hold'em, LHE, limit, pokerstars, RUaBot, Stars
Lock Poker to Acquire Cake Network
Update: The acquisition now seems confirmed via an affiliate-merger thread and comments over at PokerAffiliateListings.com — hh.
A couple of down-on-their-luck poker entities might be combining forces in a last-ditch effort for survival, as several sources report Lock Poker acquiring the Cake Poker Network. Lock, plowing along through an unhappy existence at Australia-based Merge, seems poised …
Posted in Online Poker, Poker News, What's New Blog
Tagged acquisition, Annette Obrestad, Annette15, Cake Poker, Intertops, Lock Poker, merger, network, online poker
Tapie Tries to Undermine PokerStars / Full Tilt / DOJ Deal
Heading off a busy morning of poker news is a communication leaked over at Diamond Flush Poker showing that Bernard Tapie, head of the French distressed-investment group that sought to buy Full Tilt’s assets, was none too pleased by last week’s unofficial deal that will place the Tilt assets — notably the software platform …
Posted in Online Poker, Poker News, What's New Blog
Tagged assets, DoJ, Full Tilt, GBT, Groupe Bernard Tapie, pokerstars, programmers
California Tribes Seek to Stymie State’s Online-Poker Bill
One of the things I keep an eye on in my scanning of news stories is the internecine battle for position as California sashays ever closer to intrastate online poker. As with anything to do with California, the whole thing means big bucks, which is why it’s been interesting to see the whole …
Posted in Online Poker, Poker News, What's New Blog
Tagged California, CTBA, GIGSE, online poker, Pechanga, sovereignty, TASIN
