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Summary Judgment Likely in California UltimateBet Civil Suit, Collectibility Separate Issue

by Haley on May 16, 2012
California

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 …

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The Excapsa Claims Bar Processes

by Haley on May 15, 2012
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 …

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The Big Muddy, Part 2: Fine Print in New Jersey Legislative Pact Emperils PokerStars Deal

by Haley on May 15, 2012
Pokerstars

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 …

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The Big Muddy, Part 1: Mixed Signals Everywhere on Possible Stars / Full Tilt / DOJ Deal

by Haley on May 14, 2012
It's a muddy mess but someone will come out on top!

 
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 …

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ESPN Announces 2012 World Series of Poker Broadcast Slate, a/k/a “No-Limit Tuesday”

by Haley on May 12, 2012
WSOP 2012

ESPN has just released the complete broadcast schedule for the 2012 World Series of Poker, which despite running for four months, includes just three events.  In addition to the main event, viewers will get a chance to peek at only the exclusive, charity-themed Big One for One Drop, which anyone can enter for …

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A WSOP Stream for Everyone in 2012

by Haley on May 10, 2012
WSOP 2012

Early May means run-up time to the World Series of Poker, when series officials announce final changes to the rules and fine-tune the series set-up to maximize audience potential and player participation.  One of the wrinkles announced today is a live web stream of all 60 WSOP final tables, which is great news, …

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California Tribe’s Deal with bwin.party a Good Deal?

by Haley on May 10, 2012
Thunder Valley

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 …

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Sale of Cake ‘Selected Assets’ Official; Lock Announces New Revolution Gaming Network

by Haley on May 7, 2012
Lock Poker

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 …

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Trying to Reignite Limit Hold’Em: Negreanu Crushed in First PokerStars Limit Hold’em Challenge

by Haley on May 6, 2012
Daniel Negreanu

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 …

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Lock Poker to Acquire Cake Network

by Haley on May 6, 2012
Cake Poker 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 …

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