A UK-based millionaire, who is a philanthropist and hedge fund tycoon by day and an avid poker player a night, has lost over £850,000 playing poker last weekend.
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Talal Shakerchi, a self-made millionaire, loves player high-stakes poker in different parts of Europe. Last Saturday, he played against a few [...]

Read More... | Comment | By Renee | May 16, 2013

Gambling regulators in Nevada are investigating the relationship between Ultimate Poker, the first licensed online poker room in the US, which is barely two weeks old, and Iovation, a provider of player verification solutions.
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A. G. Burnett, chairman of the Nevada State Gaming Control Board, said in an email [...]

Read More... | Comment | By Renee | May 16, 2013

Minted Poker, an online poker room that used to run on Everleaf Gaming Network, recently announced that it will be migrating to Plutos Network, one of the youngest online poker networks in the industry. Existing Minted Poker players can avail of a 100 percent rakeback offer, which they can use to unlock their poker funds.
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Read More... | Comment | By Renee | May 16, 2013

Crockfords Casino, the oldest casino in the UK, has finally responded to the lawsuit filed against it by professional poker player Phil Ivey for non-payment of winnings to the tune of $11.9 million. The land casino has firmly stated that it doesn’t have to pay Ivey his winnings as he has cheated at the baccarat [...]

Read More... | Comment | By Renee | May 16, 2013

Casino king Sheldon Gary Adelson has to pay Richard Suen, a businessman based in Hong Kong, a hefty sum of $70 million after the court ruled in favor of the latter. Adelson is the chief executive officer of Las Vegas Sands Corporation, a giant gambling company that has a very strong presence in Asia.
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Read More... | Comment | By Renee | May 16, 2013

Ultimate Poker, the first licensed online poker site in the US, said that it can now verify players who have Virgin Mobile, Verizon, and Cricket on their mobile phones.
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According to Nevada’s online gambling regulations, online poker rooms licensed in the Silver State are required to verify player location [...]

Read More... | Comment | By Renee | May 15, 2013

Poker pro Phil Hellmuth has issued a public statement, in which he regretted his 12-year-long association with Ultimate Bet as its minority owner and early investor. The professional poker player issued his statement through Brian Balsbaugh, president of Poker Royalty, and it was first published on Two Plus Two Forums by Kevin “Kevmath” Mathers, an [...]

Read More... | Comment | By Renee | May 15, 2013

PokerStars recently announced that it will be giving way $5 million in prizes through several promotions held to celebrate its 100 billionth poker hand.
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A prize of $1 million will be distributed among players associated with the 100 billionth hand and the winner of the hand will win a [...]

Read More... | Comment | By Renee | May 9, 2013

PokerListings.com has announced that the second edition of its annual Battle of Malta will be held from September 26 to September 29 in Malta’s Portomaso Casino. Interested players can qualify for the same at the end of this month at Party Poker and immediately at 888 Poker.
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The event, [...]

Read More... | Comment | By Renee | May 9, 2013

Online poker players in the US can finally play poker in a safe, licensed, and regulated environment two years after the federal government crackdown on major poker rooms Full Tilt Poker, PokerStars, and Absolute Poker. The first licensed online poker room in the US, Ultimate Poker, was finally launched in Nevada a few days back.
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Read More... | Comment | By Renee | May 9, 2013