Hendon Mob Severs Ties with Full Tilt Poker
September 19, 2011
The Hendon Mob has cut ties with Full Tilt Poker in a statement released yesterday. The site feels bad for players who have funds tied up in the Full Tilt Poker system, especially those who were directed to Full Tilt from the Hendon Mob website via affiliate links or because the group endorsed the once seemingly great online poker giant. The state of Full Tilt Poker saddens Hendon Mob management, who do not come out and bash Full Tilt, but rather express that they feel badly about what has happened for all parties involved.
Part of the statement explained, “We are well aware that a great deal of players including many who signed through The Hendon Mob still have money on FTP, as well as steps tickets, player points etc. going forward, and in any scenario where Full Tilt Poker resumes trading, we will as an affiliate continue to look out for the interests of our players and to try to achieve the best possible outcome regarding their funds. We do not take the loyalty of our community for granted.”
They went on to further explain that the breakaway wasn’t personal, but more of a financial decision. Because the Hendon Mob is an actual company with a fairly large staff, both full- and part-time, “who are dedicated to maintaining and improving the database, the forum and everything else that the poker community expects from our website from our website.” And the fact that they are “currently running at a substantial loss and this is not sustainable in the long term” has forced them to cut ties with Full Tilt.
They explain that by severing ties with Full Tilt, they will open the door for new opportunities. The Hendon Mob has been a strong force in driving the online poker market throughout Europe and other parts of the world with its poker database that has records of every single live tournament result since tracking live tourneys began. Other features of the Hendon Mob website include poker forums and articles.
Full Tilt Poker’s hearing with the Alderney Gambling Control Commission (AGCC) regarding the poker site’s suspended operating license continues today in private, many are awaiting word from of the meeting’s outcome.
Poker Pro Gets Slammed for Smuggling Drugs
September 16, 2011
Online poker pro David “ZanderFish” Saab and two friends were arrested back in February for allegedly smuggling 14.6 kg of pure Colombian cocaine into Melbourne, Australia. Now the three have been sentenced to the maximum penalty.
Saab received a 14-year sentence—one year for each kg of uncut Cocaine that he hid inside agricultural equipment he brought from Canada. His friends, 27-year-old Darren Hughes and 28-year-old Robert Remeeus, were given eight years in prison each with a five-year minimum mandatory.
The smuggled product was estimated to have a street value of anywhere between two and 10 million dollars. Reportedly Saab was only going to make about a hundred grand from the transaction and was to give his partners only ten grand each.
The cocaine, which was hidden in sealed plastic bags inside of a mechanical spreader, was revealed by Customs and Australian Federal Police in Melbourne at the air cargo shipment terminal. The cops didn’t bust Saab right away though. They removed the illegal substance and replaced it with baby powder, allowing Saab to leave with the spreader and go on to their destination where they would remove the powder. The police then charged in and took the men down, which seems like a lot of trouble when they could’ve just busted him when he picked up the cargo at the airport.
Apparently Saab met some organized crime players while playing poker in underground poker rooms and then became involved in the illegal activity to gain some easy money. He should have stuck to poker, though, as he was pretty good at it.
Many are outraged by the degree of sentencing handed down to Saab, but Australian government must have picked Saab to make an example out of.
Full Tilt Poker Statement Released; AGCC Hearing Forthcoming
September 15, 2011
Full Tilt Poker’s looming meeting with the Alderney Gambling Control Commission (AGCC), scheduled for next week, has sparked a statement release by Full Tilt Poker. The statement begins with a recap of what has went down since Black Friday, including the AGCC’s June 29th decision to suspend Full Tilt Poker’s gaming license. New information in the release concerns the dire straits of the company’s financial standings and their continued belief that they will redeem themselves, estimating that they need a €12 million reduction in costs to optimize their operations.
The statement reads: “This program is intended to streamline the company’s operations in order to better position itself for future growth and profitability in Full Tilt Poker’s markets outside of the U.S. If all of the required cost savings were to be achieved through redundancies, approximately 250 positions could be affected; however the exact number cannot be confirmed until the conclusion of a consultation process with its workforce.”
Again, Full Tilt Poker has just restated what everyone already knew, avoided the fact that player funds have still yet to be redeemed, blamed everyone but themselves, and now plans to fire 250 employees. Perhaps they are setting up for the AGCC meeting in hopes to get a little reprieve from the hearing, but until they own what’s going on, it is not likely that anyone will have much sympathy for them.
Whether or not their ploy will work will not be known by the public immediately, as the meeting will be held in private on September 19th, and it is unknown when the information will be released to the public. What is even more mindboggling than the statements that have come from Full Tilt Poker is their somewhat positive outlook on the future of their operations. What lies ahead for the former online poker empire remains a mystery.
Entraction Bans Canadian Players and Five other Countries
September 15, 2011
The consequences of Black Friday have been widely felt in the online poker community throughout the US and the rest of the world. Online poker sites have been forced to oust the US market from their player bases and many professional level online poker players who reside in the US have been forced to take up residency elsewhere in order to continue to make a living playing online poker. One country that has taken on a lot of online poker pros over the past five months is Canada. Unfortunately though, players from Canada, along with four other countries have been banned from the Entraction Poker Network.
Norway, Israel, Russia, and Turkey are also no longer welcomed at Entraction Poker sites to play online poker for real money after seeing what has happened to other US friendly online poker networks. Now VCPoker, Gold Win Poker, and Devilfish Poker, all on the Entraction Poker Network, will no longer accept US players. The five countries that have recently been banned have questionable or non-existing laws concerning online poker and online gambling payment transactions; therefore, it’s safe to say that Entraction just wants to remain clean in the hopes that efforts to legitimize online poker in the future will benefit them. By backing out now before any action is taken against them, they will later be able to re-enter the banned markets should adequate regulation laws be put into place.
Nevada Braces for US Online Poker Action
September 12, 2011
Nevada’s biggest law firms have made statements regarding the state’s move toward getting in on online poker ahead of the curve in the hopes that the federal government will legitimize online poker.
The first set of proposed Internet poker legislature will be considered at a public workshop to be held later in the month. They plan to have a format for regulation of online poker in line by the close of January, which would be ahead of Congress, should they legalize the game.
Attorney Mark Clayton, from Lionel Sawyer & Collins law firm, explains that this move could likely place Nevada on the front lines of the market in order to become the jurisdiction to regulate and license poker online for everyone else in the country.
Clayton’s firm participated in a two-hour seminar on online gaming that was held at the University of Nevada at Las Vegas’ Boyd School of Law. He says, “The first state out to capture the market is going to have a tremendous advantage.”
Clayton explained that because software, servers, and other computer equipment needed to run Internet gaming operations are massive and hard to transfer, once they are set up in Nevada, they will be there to stay. Nevada would also collect fees for licensure from the online gaming corporations that would set up shop in the state, and thus, collect tax revenue off of wagers.
More Russians Participating in WCOOP than any other Nationality
September 12, 2011
PokerStars’ World Championship of Online Poker, also known as WCOOP, is in full swing and over half way over. Since the tournament series began on September 4th, the action has been high. Due to the absence of US players at the tables, there has been a major trend in British players sweeping the series. First, event #2 $10,000 NLH High Roller event got down to two players from the UK facing off, with “DYBYDX” winning in the end against “xraypies.” DYBYDX took the $430K prize. Xraypies took the second place seat with a $310K payout, which is a pretty decent come up considering he satelilted in for only $33.
The next title taken by the UK was event #5 $320 NLH 6-Max Shootout. In the end, a six-way split of the payout landed Britain’s “Mossop7” with a $50K+ payout and first place title.
A third WCOOP win for the UK came in event #12 $215 NLH Heads Up. UK player “ricky” took the title and a $75K+ prize. And yet another title came to England in event #13 $215 PLO H/L 6-Max, and another deal was made. The last four players split the prize with “Pandochat” taking $28K+ and third-place Brit “Tick777” taking $32K, the two largest amounts.
The UK isn’t the only European country dominating the WCOOP though this year. With four wins, they are in the lead, but Russia has three, and Norway, the Netherlands, and Australia all have two. Twenty-three Russians have made final tables-the most of any other country and have the most cases at 747. And there have been more Russians registered at WCOOP events than any other nationality thus far. Russian players “K_0_S_T_A_Y”, “ranayr,” and “Tat0chka” took first place in events #3, #7, and #14, respectively.
Lock Poker Butts Heads with Malta Gaming Commission
September 6, 2011
More troubles for Lock Poker have surfaced. This time regarding the Malta Gambling Commission. Apparently Lock Poker has been displaying the Malta Gambling Commission seal of approval on their website, which is specifically for sites that are regulated and licensed in Malta. According to Malta Gambling Authorities, they have never been associated with Lock Poker, and therefore, they should not be displaying the logo anywhere on their site.
There has been no gambling license issued to Lock Poker from Malta’s gaming commission, which they have declared via a statement issued on their website. The statement explains that the LGA of Malta is notifying the public that they are in no way whatsoever affiliate with the Lock Poker online poker site, and they have not earned the Malta Gambling Commission seal of approval.
Furthermore, the LGA urges online players not to visit non-regulated or non-licensed sites that do not display the logo, for only the ones that have rightfully earned the LGA logo seal are trustworthy sites.
The LGA of Malta issues four different types of gambling licenses to online gaming sites. Three of them are for those gambling sites with operators providing software solutions to host services and player management. A category four license has nothing to do with managing players, which is what the Merge Gaming Network holds, which is affiliated with Lock Poker.
Lock Poker however is currently licensed by the Kahnawake Gaming Commission of Canada. Other online gambling sites on the Merge Network such as Black Chip Poker, Hero Poker, and Overbet Poker all display the Malta seal and have had no objections from the Malta Gaming Commission. So the question remains, what do they have against Lock Poker specifically?
The only speculation is a rumor that it is to do with a public altercation that the Malta Gaming Commission had with Jose Girah, who is associated with Lock Poker, but again, this is only a rumor.
Gambling Market in Macau Booming
September 6, 2011
Macau, one of the two special administrative regions of China (along with Hong Kong), relies heavily on gambling and tourism to support their economy. In fact, the gaming industry in Macau is growing at such an extraordinary rate, that it is quickly becoming one of the biggest gambling markets in the world. According to MGM China, Macau is “the strongest gaming market in the world.”
This former Portuguese colony saw its gross domestic product rise by 26.4% in the past year alone, according to the Casino Times. In addition, the latest survey has indicated that gaming revenue rose 44% just in the first half of 2011. This means that the gambling profits for Macau have quadrupled those of Las Vegas.
Galaxy Macau is the newest force to come along lately and has created 8,000 jobs for people in the area. Galaxy Macau consists of 2,200 rooms and houses a 39,000-square-meter gaming floor, and a rooftop beach!
As a result, just as Vegas grew fairly quickly in its glory days, new casino properties are popping up all over Macau, which lies on the western side of the Pearl River Delta and borders the Guangdong province to the north. To the east and south, Macau faces the South China Sea.
With the plight of professional online poker players still looming heavy over head, there may be a migration trend for these pros from the US to Macau in the future. And according to the World FactBook, Macau has the highest life expectancy in the world. Who says you can’t play poker forever?!
British Poker Awards Names Sam Trickett Best Cash Player
September 6, 2011
Titan Poker’s Sam Trickett was announced the “Best Cash Player” at this year’s British Poker Awards. Trickett received his title at the Poker in the Park festival in London’s Hanover Square this past weekend. This is Trickett’s second British Poker Award, as he won “Best New Player” at the inaugural British Poker Awards last year.
Seeing that Trickett is sponsored by the leading online poker room in Europe, Titan Poker, it’s not that surprising that his fans voted for his success. He was nominated in three different categories, and winners were chosen by online voting. Other nominations Trickett received were “Best Social Media User” and “Best Tournament Player.”
Trickett most likely took the title for “Best Cash Player” after his cash game play became very publicized over the past few months as he participated in quite a few high stakes cash games in Macau and was very successful. He also won the Aussie Millions $100K Challenge this year and took second place in the Aussie Millions $250K Super High Roller event.
Fellow Team Titan member Marvin Rettenmaier from Germany and Trickett will compete in Titan Poker’s sixth anniversary festivities this month, joining online poker players at tournaments and cash games throughout September via the Sam & Marvin’s Playground promotion.
Trickett and Rettenmaier will play on behalf of and represent Titan Poker at the largest poker tournaments in the world, so look for these names to appear again and again in the headlines. Congratulations to Sam Trickett, British Poker Awards “Best Cash Player.”
September 2011 PartyPoker Bonus Code
September 5, 2011
Poker Bonus
This month at PartyPoker, get a new player deposit bonus of up to $/£/€500 at the rate of 100% back of your first deposit amount when you register your new account and deposit cash using PartyPoker Bonus Code 500PS. Once you’ve registered, entered your bonus code, and deposited, you are ready to hit the felt where you will earn PartyPoints for placing real money bets at cash tables and for paying tournament fees at tournaments. You’ll need these points to clear your bonus. Depending on your currency, you’ll need anywhere from six to nine times your bonus amount in PartyPoints. Once you start racking up points, your bonus will start appearing in your account automatically in 10 installments. You’ll have 60 days to clear the whole bonus.
A great poker bonus is not the only reason to join PartyPoker. They have a slew of great weekly and monthly promotions that will keep you busy. Read about the Boost Your Bankroll promo below.
Boost Your Bankroll
Every week at PartyPoker, you’ll have the opportunity to Boost Your Bankroll by $5,000 for the price of free! Each Sunday at 14:30 ET, PartyPoker hosts the Weekly $5,000 Bankroll Booster. There are four qualification routes that will catapult you into the weekly finale and get you on your way to earning a $5,000 bankroll boost. To qualify, new real-money players can participate in free daily qualifiers at 13:45 and 19:45 ET—these are only for new real-money players; or simply earn five PartyPoints over the course of the week and you’re in; or participate in the One-point Daily Qualifiers that take place at 09:45, 14:45, and 20:45-they cost just one point to buy into, and the top 25 move on to the Bankroll Booster; after making your first deposit using the bonus code listed above, make another deposit using bonus code BOOSTER to immediately get your ticket to the Bankroll Booster. You’ll still have to register once you’ve qualified, so don’t forget that important step.