party poker

Wednesday, April 30, 2008

ESPN - Poker's Power 20 - Poker

ESPN - Poker's Power 20 - Poker

Here's a list of the power poker 20 put together by bluff magazine. In my opinion, there's no chance I'd put Chris Moneymaker on the list. He got lucky winning the WSOP and he's not a very good poker player. He's not even in my top 100. I know his win in the WSOP created the internet poker wave but he doesn't belong on this list. One big omission is the movie Rounders. At the time, most people didn't even know what Hold'em was but it's arguably the greater poker movie ever made. Other omissions include Johnny Chan and CardPlayer magazine. It's funny how Bluff made it but CardPlayer didn't.

Also, www.boogster.com should've been on there. They filled the online poker rooms by sending them tens of thousands of customers. :)

Friday, April 25, 2008

Don't Waste Time on Online Poker Lawmakers tell Treasury

Don't Waste Time on Online Poker Lawmakers tell Treasury
Fri, Apr 25th, 2008 @ 12:00am

A bipartisan group of House Financial Services Committee members have warned U.S. Treasury and Federal Reserve officials not to waste any more time trying to implement a ban on online poker and online gambling.

Rep. Barney Frank (D-Mass.), the chairman of the panel, along with Reps. Luis Gutierrez (D-Ill.), Ron Paul (R-Texas) and Pete King (R-N.Y.), sent a letter Tuesday to Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke requesting them not to waste any more time trying to implement the Unlawful Internet Gambling Enforcement Act (UIGEA), because the house financial services committee hearing on 2 April "made it clear that the regulations are unworkable.".

As reported in Tuesday's edition of The Hill, which reports on legislative issues in Washington, DC, the letter says, "The regulations, like the underlying legislation, fail to define the term 'unlawful internet gambling', leaving it to each financial institution to reconcile conflicting state and federal laws, court decisions and inconsistent Department of Justice interpretations when determining whether to process a transaction."

The letter adds that at least some of the information would be "likely unavailable to banks because customers or financial institutions in foreign jurisdictions will likely be unwilling or unable to provide it."

"We believe it would be imprudent for you to devote additional agency resources to this Sisyphean task, especially as we intend to vigorously pursue legislation to prevent the implementation of these regulations," members said in the letter.

Referring to the legislation that Frank and Paul introduced to prohibit the implementation of the law's regulations, the letter concludes by urging readers to co-sponsor the prevention of UIGEA regulation implementation.

The letter was sent the same day that the Poker Players Alliance announced that its membership had reached 1 million. The group also announced the launch of a voter registration program and a political action committee.

Article originally published by The Hill authored by Susan Crabtree.

Tuesday, April 22, 2008

Calvin Ayre Leaves BODOG, MMA arm is finished

For those of you who know who Calvin Ayre is, it looks like he's resigning from Bodog. He's got tons of money and use to be a big name in the poker world. A few years back, he was wanted by US law just like the other sportsbetting CEOs. Those other CEOs were unlucky and got caught on flight layovers. Ayre was smart enough to stay in Costa Rica. My guess is that he waited for the dust to settle and that he's sick of life in Costa Rica and wants to come back to the United States. Although, I don't know if resigning from his company will make him immune from getting arrested.

- CALVIN AYRE LEAVES BODOG, MMA ARM FINISHED - MMA WEEKLY - Mixed Martial Arts & UFC News, Photos, Rankings & more: "Bodog on Monday announced the retirement of Calvin Ayre from the company. In recent years, Ayre served in large part as the face of the company and reportedly was not all that involved in the day-to-day operations.

“You’ve likely heard the rumblings and rumors… and for once…. it’s true… I’m packing it in! Well, who am I kidding?” said Ayre in a blog entry on his web site on Monday. “…I was really more of a brand ambassador for Bodog the past while anyway – but it was fun while it lasted.”

Operationally speaking, Ayre’s exodus is expected to have little effect on the company, which is now under the ownership of the Morris Mohawk Gaming Group based in Canada. The company is, however, undergoing a restructuring, returning its focus to gaming.

Although no official word has yet emerged from Bodog, most sources indicate that Bodog Fight – the arm of the company that was involved in sponsoring and promoting mixed martial arts events – is all but defunct.

One executive, when asked recently what Bodog Fight was currently working on, told MMAWeekly.com, “I’m sitting in an empty office.”"

Saturday, April 19, 2008

ePassporte is done in the US --- similar to Neteller

ePassporte No Longer an option for Online Poker Transfers in US

In recent days, news has been traveling online that the third party broker, ePassporte, is out of business in the United States. ePassporte was a way for online players to transfer money back and forth to their poker operator without breaking the rules of the Unlawful Internet Gambling Enforcement Act. With the passing of this act players have found it extremely difficult to get money to their online operators and receive money since the UIGEA stops all money transactions from online gambling sites. A letter has been making its way around the online world that was written by ePassporte to online poker site Pitbull Poker. Gregory Elias from ePassporte states in the letter that Pitbull Poker’s account has been suspended and the agreement the Company had with ePassporte has been terminated. The letter goes on to state that they (ePassporte) does not believe that the transactions they receive and process are illegal but they are not going to take a chance with the US Government. Elias also says that the New York Office of the United States District Attorney is investigating the Company.

The termination happened on Friday April 11th at 1:00 PM PDT and the letter was signed by the Managing Director, Gregory Elias, and the United International Trust, NV Managing Director. It is really unclear of why ePassporte quickly exited the US market. It could be because the “just” found out about the investigation but I do not believe this is true. The Company had been handling Netellers ex-customers for a while so they had to know eventually something would be coming their way.

It could be other reasons but with the recent testimonies made by people from the Federal Reserve and the Treasury Department as well as the Banking sector that claimed their was a lack of definition of the UIGEA not to mention the movement being made by Barney Frank and other representatives that would overturn the UIGEA. Hopefully this whole mess will be resolved soon and all types of money transfers will be available for United States players to play on any internet gambling site.

Those who used ePassporte to deposit money into Full Tilt Poker will need to find other options. This could be a big hit to FTP's business. We'll have to wait and see what kind of hit it takes in the next few months.

Monday, April 07, 2008

Taj Poker Argument Results in Stabbing Death

From Pokernews.com:

April 07, 2008
Haley Hintze

An argument between two players in the Atlantic City Trump Taj Mahal Casino Resort poker room continued after the players left the game, escalating into violence in the nearby valet area outside the casino that left one of the players dead from a stabbing wound and the other player under arrest. Unofficial reports suggest that the argument started over a seat in a $1/2 no-limit game in the 70-table room at the Taj; the seat had been occupied by one player and then was given to the other when the first player departed momentarily to obtain more money.

The confrontation continued outside where one of the two players had gone for a break, with the stabbing incident, according to police reports, taking place at 2:46 pm on Saturday. The stabbing victim, who has yet to be named pending notification of kin by authorities, was pronounced dead at 4:05 pm at Atlantic City's AtlantiCare Medical Center.

Vicente (some reports list 'Vincente') Perez, 57, of Georgia, now faces three felony charges: aggravated manslaughter; unlawful possession of a weapon; and possession of a weapon for an unlawful purpose. Perez is now being held on $500,000 bond as the investigation into the incident continues.