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Archive for the 'Poker' Category
August 29th 2008
Everybody knows professional poker gamblers had a hard job. Any poker pro must have a lot of skill and experience and also lots of luck whether at the online or the land casinos. One of the best poker professionals in the gambling industry was able to go out off the year of bad luck and big losses at the gambling tables at last. Though, it is enough interesting that Tom Durrr” Dwan never left off and went on betting big and playing often in spite of his repeated losses at poker tables since he was sure that it was just a matter of time prior to the fortune could smiled on him and he could get back some of the losses.
Last week, the casino poker pro turned his almost $1 million of gambling losses into a nearly breakeven situation. The winning streak of Dwan encompassed 2 of the major world’s poker online casinos, Full Tilt and Poker Stars and according to the latest information Dwan has compensated over $850,000 in winnings at the poker tables.
As expected there isn’t any telling how long Dwan’s will hit a winning streak but without any doubt Dwan will take part in more forthcoming online casino poker events and the range of main land tournaments as well. Soon the WSOP Europe event comes forth; Dwan will surely have some tough competition in the face of the best land and online poker players all over the world, all of them will try winning at the event.
August 27th 2008
For nearly a year the internet gambling industry has demanded for the identity of those who were involved in the biggest cheating scandal in the online poker gambling industry history. Absolute Poker along with Ultimate Bet, its sister site, were involved in sweeping fraud activity by former employees caused that the companies lost some credibility and a part of its established online poker network. Though the Kahnawake Gaming Commission conducted the investigation, fined, and up to had closed the cases against Absolute Poker and Ultimate Bet, poker players are claiming that the sites give more information about these scandals and the involved employees.
The Kahnawake Gaming Commission and Tokwiro Enterprises, the parent company for Absolute Poker and Ultimate Bet, released a diluted statement about the cheating scandal. This report left much to be wanted for the majority of poker players. All the information that was released to the public did not contain details and nobody has been named and arrested in concern with both of the scandals that were revealed within half a year of each other. This fact upsets the online poker gambling industry all over the world.
though the Kahnawake Gaming Commission and Absolute Poker and Ultimate Bet didn’t give names and information, however, there is a source (in our age of internet is hard to keep secrets and information) that says that some persons supposedly involved in the scandals have been living it up outside Canada and therefore out of the Canadian government jurisdiction.
August 25th 2008
Now, online casino poker gamblers worldwide want to win a seat to the 2008 World Series of Poker Europe. The WSOP tournaments always attract the attention of the world’s community due to the prestige of the event and the fact that the best and the most skilled poker players gather together at WSOP events. The entries are usually rather big, but the prize pools are huge and the poker pros who are at the final table can bring home millions of dollars sometimes. This year’s WSOPE is just lasting for few months and the online casinos are already holding qualifiers and competitions for online poker players competing for a trip with all-expenses paid to the event.
The World Series of Poker Europe is much younger than the Las Vegas WSOP event that continue to draw the attention of all the online poker gambling industry and also the millions of land poker players all over the world. The Casino at the Empire in Leicester Square, London is hosting the WSOPE. And, though, the event is smaller of course than the month of events in Las Vegas, the organizers expect a considerable turnout of poker players from the land and internet-based casinos.
The start of the events is scheduled on September 19 and will be running till October 2. The highlight of the event is a World Championship No Limit Hold’em poker competition. It has the largest buy-in of an overwhelming £10,000. Many of the land and online casino poker players who took part in the Vegas WSOP will also compete in the WSOP.
August 23rd 2008
Some time ago TrillionPoker was kicked off its network by Boss Media for “rakeback violations”, and Trillion was trying to slander Boss Media and all that was an act of revenge more than a rightful court lawsuit. PokerTrillion has imposed effectively its litigation against Boss Media, the result of which is a ruling that may bring down all of poker activities of Boss Media in Malta.
Therefore, if you have wanted to open an account at any Boss Media poker room that is licensed in Malta, you need to think once again. According to Judge Gino Camilleri’s ruling, Boss Media must shut its servers in Malta by 18 September. And the problem is that Boss Media can’t lodge an appeal.
The Malta gambling authority is known to be the strictest internet gambling licensing and regulatory body worldwide, but nobody could have predicted that the court went so far. Boss Media told its players that a destruction of the company’s Malta operations was utterly unlikely and that an “award of damages” would also be unlikely with respect to the ?20 Million lawsuit lodged by TrillionPoker.
Boss Media has already assured players that they won’t shut down their operations and that assets are not frozen (TrillionPoker made this claim in the past). The Malta Lotteries and Gaming Authority hold all player assets under its control and they can’t be seized by a court.
However, Boss Media hasn’t confirmed nor denied if the freezing order applies to the company’s operations in Malta now.
August 21st 2008
Titan Poker creates a furor and makes headlines with its extraordinary $2.5 million Guaranteed Prize tournament that will stage in the beginning of this September.
Two of Titan Poker’s winning players shared their plans in case they win.
Oliver Kaeser from Switzerland said that first he would quit his job and then he was not going to work for two years and would enjoy sunny holidays and deserved freedom.
Michael Wywrot from Canada thinks more rationally about his potential winnings. He wants to invest them in real estate, and has big plans to accumulate future interest on the winnings he could earn during the event.
The two players made a long way to the future event. And like their dreams, their ways to this big tournament were also different. The rise of Michael Wywrot was very swift. He just paid a $5 buy-in, and less than dozen days after he had joined Titan Poker, the player won at the P5 qualifying tournament. But Oliver Kaeser made a long way to the future event, it was slow and hard. The Swiss player had played with Titan Poker for a year, before he took first prize at a qualifying satellite, his buy-in to the event was just $150. In any case, both players are overwhelmed with the potential return on their initial investment.
The both player example shows that no matter what your poker style is or what your dreams are, it is possible for everybody to win at Titan Poker. At the moment less than three weeks are left till the $2.5 million Guaranteed Prize tournament, this is the time to turn your dream into reality.
August 20th 2008
The online gambling group, Ultimate Bet has officially welcomed Tiffany Michelle into their company since the Poker News controversy has become old news. Now after the World Series of Poker event finished, Michelle has joined Ultimate Bet as the member of Star Players Team.
Poker News started controversy in the internet-based and land-based casino industry when they published their press release that disputed the decision of Tiffany Michelle to have additional logo during the WSOP. Poker News paid for Tiffany Michelle’s buy-in into the Main Event, they sponsored her all through the event. Michelle represented Poker News throughout the WSOP Main Event. When she impressed the world with the 17th place at the Main Event and caught attention as she was the last woman standing, Michelle wore an UltimateBet logo. Poker News had not known about this until Michelle revealed on national coverage of the tournament sponsoring another online gambling group, Ultimate Bet.
All this is already in the past for Michelle. Now she starts a prestigious poker gambling career at the traditional and internet-based casinos as a member of the Star Players Team. Michelle is going to play poker together with Annie Duke and other professionals at Ultimate Bet’s team.
The only problem everybody could note is that though Ultimate Bet is a strong name in the online poker industry still, the reputation of the company was certainly slightly spoiled by the cheating scandal which has been fully resolved just recently but till now it’s causing concerns with poker pros uncovered that scandal.
July 16th 2008
At the moment when the 2008 World Series of Poker tournament is coming nearer to the final event, Harrah’s Entertainment, the casino gambling corporation and owner of WSOP, states that for the 39-year history of WSOP the event of this year will be the wealthiest.
It is necessary to say that tournament poker is popular and reliable nowadays. Actually, if you have a share in Harrah’s or any other casino-poker related companies it is perhaps one of your best investments for a long time. And even if this year the gambling revenue has dropped a bit, 2008 WSOP final will boost a lot Harrah and the gambling industry all together.
Only for the final event, the $10,000 buy-in NL HoldEm World Championship, about 6,850 gamblers create a $64.3 million prize pool. It’s the second biggest event in the history of the tournament.
In comparison with 2007, overall, 2008 saw an 8 percent rise in entries, and almost a $21 million rise in total prize pool for the poker tournament consisted of 55 events for 47 days that took place at the Rio Casino on the Strip. The winner of this year’s final event will win about $1 million more in winnings, $9.12 million.
Tournament play continued till Thursday, so less than 2,000 gamblers left. By next Tuesday, the field will be narrowed down to nine participants of the final table. After that the tournament will be stopped till November for about 2 months. The final table will be in November 9 when 9 players will start to fight for head-to-head action that will be held on the 10th of November.
July 14th 2008
There are a lot of land-based and online poker players who look forward to competing in the World Series of Poker. And now they can use a new device on their site which is likely to be able to help them to get a cherished WSOP bracelet. The WSOP is held in Las Vegas every year and it is the most prestigious of the land poker events in the globe and poker pros and new players can come to Las Vegas in order to try their wings against the best of the best. Since the fifty-five smaller events of the WSOP have completed for the year, everybody is eager to know which of the skilled online and land-based casino poker players will sit at the final table event that will be in November.
Since the excitement concerning the WSOP Main Event keeps on over the following several days, and some main brick-&-mortar and online poker players are out of the running, other pros are using a prime chance to offer WSOP tutorials and products. Though those who reach the final table event in the end will be the best poker players in the world, always room is left for growth. And the line of poker products from Phil Hellmuth just could probably grant the hopefuls at the Final Table the advantage they need.
Not only has the legend of the land-based and online casino gambling, Phil Hellmuth won eleven WSOP bracelets not counting top prizes in other important world’s tournaments, but he remains an active player at present offering strategies, advice, tricks and tips to the poker players. His hottest a video tutorial series “How to Win the World Series of Poker” offer poker players necessary strategy and tips for playing against the top world’s poker players.
July 13th 2008
It was announced last month that Everest Poker was going to sponsor officially Germany’s Bar Poker League. But now Everest Poker is going to hold affiliated events which launch of the idea of a land poker league with ties to the online poker industry. Being a sponsor Everest Poker will be the only major logo at all the land poker tournaments held via Germany’s Bar Poker League. Thanks to this partnership the poker company also gets exclusive access to a prominent part of the land poker industry.
The name of Everest Poker has often appeared in news headlines from the beginning of this year due to the fact that the online poker company has been showing an explosive growth in the online gambling market. Though the gambling market of Europe has not saturated yet, there is time when the small gambling companies are united with or acquired by the big brands in the industry. Though, it should be noted that Everest Poker has managed to find a unique corner in the online gambling market of Europe.
The partnership with Germany’s Bar Poker League is sure to be a profitable and useful sponsorship deal for Everest Poker. It also lets the company be noticed in the land poker tournament industry. Jennifer Joyce, the chief marketing officer of Everest Poker, says that short term company’s aim is primarily to give every gambler a personalized and exclusive experience. And of course the benefits from the deal will improve visibility of the online poker company in the market. However, the band’s long-term plans are a Pan European Championship or other land poker tournaments.
July 12th 2008
The poker boom seems to begin to decrease at PartyGaming. Despite the fact that the gambling group is able to indemnify mainly their lost poker revenues by means of increasing income from online casino and bingo gambling activities.
PartyGaming Plc is one of the leading online gambling companies, famous for its poker room, PartyPoker. The headquarters is in Gibraltar. The company was founded in the year 1997. Before passing the Unlawful Internet Gambling Enforcement Act by the North American Congress, PartyGaming was the biggest online poker company in the world. But in spite of the fact that the company’s total quantity of active users has decreased after losing its US players, the company keeps growing.
Since late April the overall gross revenues of PartyGaming group have fell down, and though the company expected some drop-off just at this time they said that the fall has been a little larger than expected.
The company accused Euro 2008 and keen competition from operators who can still allow the US players in on their websites. Since the US suppressed poker sites that are based outside the USA, PartyGaming has lost its leading position in the online gambling market. Such poker rooms as iPoker and Full Tilt Poker have overtaken it in recent months whereas PokerStars has doubled the number of users.
The strong performance in casino has been caused by a growing amount of players and up-selling from the poker websites. Thanks to lower marketing costs and operational efficiencies Clean margins of EBITDA are expected to be considerably higher than last year.
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