Online Poker Today
December 4th Poker news ... Online Poker Today at online-pokertoday.com
BIG MONEY TO MARK NINTH ANNIVERSARY OF SUNDAY MILLION POKER
Online poker provider Pokerstars is pushing the boat out to mark the ninth anniversary of its popular Sunday Millions weekly poker tournament series, putting up $9 million in prize money.
The anniversary event takes place on March 8 with the usual buy-in of $215, but a vastly augmented prize pool, and satellites have already commenced.
The landmark event is expected to draw large numbers of online poker fans to the website; back in 2011 when the fifth anniversary was celebrated, 59,128 players entered, generating a prize pool of almost $12 million, with the winner taking home $670,000...and a Lamborghini Gallardo.
HIGH STAKES POKER PLAYERS TO PLEAD GUILTY ON INTERNET GAMBLING CHARGES (Update)
The ripples from the enforcement bust of an allegedly organised crime-associated high stakes and celebrity poker ring based in an upmarket art gallery in Manhattan in April this year (see previous InfoPowa reports) continue to widen, with two high stakes professionals reportedly due to plead guilty on September 4 to reduced charges.
The latest defendants among the 34 arrested to plead guilty are Edwin Ting (41) and Justin "BoostedJ" Smith (25), who the New York Daily News reports will acknowledge guilt on illegal internet gambling business charges in an enterprise that was allegedly associated with a Russian organised crime enterprise.
The extensive federal indictment detailing the illegal activity covers both poker and sports betting, with funds from Russia laundered through the United States and Cyprus.
A section of the indictment unsealed in April claims:
"The organization ran a high-stakes illegal gambling business that catered primarily to multi-millionaire and billionaire clients. The organization utilized several online gambling websites that operated illegally in the U.S. Debts owed to the Nahmad-Trincher Organization sometimes reached hundreds of thousands of dollars and even millions. One client surrendered his plumbing company to the organization as payment of the debt."
Allegedly, more than $100 million was laundered.
View the Department of Justice press release here: http://www.fbi.gov/newyork/press-releases/2013/manhattan-u.s.-attorney-charges-34-members-and-associates-of-two-russian-american-organized-crime-enterprises-with-operating-international-sportsbooks-that-laundered-more-than-100-million
CARBON POKER BUFFS UP SIT & GO LINEUP
Carbon Poker has beefed up its Sit & Go (SNG) offering with a variety of changes that include a simplified lobby, rake changes, uniform starting chip stacks, different buy-ins along with 18- and 45-player SNG's.
The poker room said changes to SNG's were based on player requests and now include Turbo-format 18 and 45-player multi-table sit and gos which have been added to the daily schedule while the 5-minute breaks have been removed.
Players can now use tournament coupons and VIP points to enter SNG's, previously only possible on MTT's. A less cluttered lobby was achieved by removing rarely-played SNG Formats and reducing the amount of heads-up SNG's.
The company said the changes will provide players with an improved and better overall experience.
FORMER ONLINE POKER OPERATOR IN PUBLIC SPAT OVER MONEY
The number of celebrities who have seen Twitter posts made in anger backfire should be a cautionary example for all users of social media communications, yet very public - and permanent - disputes still continue to surface on the site and its emailed content.
The latest very public industry spat was reported this weekend by the information site Poker Eagles, which detailed a squabble over money that erupted on Twitter and involved Dan Fleyshman, the high profile former CEO of Victory Poker which folded its cards after Black Friday; one of its erstwhile poker pros David The Maven Chicotsky and Bluff Magazine founder Eric Morris.
With allegations of substantial sums of money owed, the argument appeared to achieve very little, but encouraged at least one outsider to butt in with opinions and questions.
It could also serve as yet another example of how dangerous it is to throw accusations around in the heat of the moment on a public internet venue viewed by millions every day. It there's a sound case, take it to the courts, not the court of public opinion.
March Madness Bracket
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