Daniel Tzvetkoff, responsible for ratting out Full Tilt, PokerStars and Cereus to the FBI, is now under investigation for fraud by the Australian Securities and Investments Commission (ASIC).
Just as the dust was beginning to settle after the FBI seized the domains and accounts of the worlds largest online poker sites PokerStars, Full Tilt, Ultimate Bet and Absolute Poker, it’s all happening again and this time it’s not just poker!
The Nevada State Assembly has passed a simplified Internet gambling bill that calls on the state to adopt a licensing procedure for online poker sites.
California Senator Lou Correa has amended his bill SB40 in extra effort to have the state “quickly secure potential online poker revenues before the opportunity is lost”.
PokerStars announced that they have returned more than $100 million to US poker players from its past US-facing operations and continues to service requests following the Company’s agreement with the U.S. Department of Justice on April 20th that allowed US customers to cash out their balances.
Last night Absolute Poker reached a long overdue agreement with the US Department of Justice (DoJ) which was to pave the way for the return of funds to US players. However, it has not been stated how long it will be before that happens.
Blanca games, parent company to both online poker sites Absolute Poker and UltimateBet.com, has released a statement announcing a cut to their professional player roster. The announcement stipulated that their operations in the US have ceased due to the legal developments there. As such, many aspects of the company have had to be downsized.
Rising online poker star José “Girah” Macedo took a blow to his career this week. The online protégée was disqualified from the Lock Pro Challenge, after an internal audit revealed that he had been multi accounting.
Multiple homes have been seized by federal prosecutors as they apply pressure and crackdown upon online poker sites who were operating in the States. One of the homes belonged to former Playboy Playmate Destiny Davis, who recently married Chad Elie in spite of the allegations levelled against him.
Gary Loveman, CEO of multi-billion dollar empire Caesars Entertainment, evoked a passionate plea for online poker to be made legal and regulated on a federal level.
As a result of the indictments issued by DoJ, Blanca Gaming of Antigua, the parent company of Absolute Poker and Ultimatebet, has declared bankruptcy.
Tatjana PašalićQuirky online poker room Bodog Poker have announced their latest acquisition today: beautiful Bosnian-born Tatjana Pašalić. The energetic 26 year old joins a team which …