The PPA Calls on its 1 Million Members to March on Washington DC on May 24th

May 10, 2011

The Poker Players Alliance, also known as the PPA, has made it perfectly clear recently that if the online poker community doesn’t act now, we will lose online poker for good. In an effort to lobby for online poker at a greater level, they have named May 24th “National Poker Lobbying Day.” On this day May 24th, the PPA is asking their more than one million members to descend upon Washington DC in order to actually meet with members of Congress and legislators who can help.

The PPA press release states, “Approximately 30 of PPA’s State Directors will meet with targeted lawmakers and ask them pass legislation to license and regulate online poker.”

The PPA has already been calling on member since Black Friday to write, email, or call their representatives and contact them by any means possible, but May 24th will be the first time the PPA has attempted to organize a large body of its members together at once in an effort to further the progression of online poker legislature.

Former Senator and current PPA Chairman Alfonse D’Amato told PPA member in an email, “The PPA will be providing the tools and information you need to arrange and execute those meetings either in Washington D.C. or back home in your congressional delegations district offices. Please click here to find the contact information for your members of Congress, as well as instructions on how to request and successfully secure a meeting.

“We encourage every PPA member to meet with their members of Congress on May 24th and request that if you secure a meeting to please email the national office at dcflyin@theppa.org and let us know the details.”

This “emergency fly-in” request by the PPA to its members is a risk if many don’t show, but it has promise, as online poker players are more than just poker players. They are passionate about their sport.

The Future of Absolute Poker Looks Bleak

May 9, 2011

Absolute Poker, sister site of UB.com, both on the CEREUS Network has apparently been making some changes behind the scenes. At first, there were reports that the online poker site had shut down due to lack of business after the FBI seized their domains and prompted them to shut out all US traffic for good. However, the site issued a statement that they were not in fact declaring bankruptcy, but just “restructuring” some of their operations.

“As previously stated, Absolute Poker and UB ceased their U.S.-facing operations due to recent legal developments in the United States. The company is currently restructuring and is focusing its resources on consolidating its non-U.S., rest-of-the-world operation and software business.

In order to have a more efficient and successful future business, an immediate need to downsize and streamline operations significantly at both online poker rooms has been required. Absolute Poker and UB continue to operate their non-U.S.-facing business.”

So to define “downsizing,” it means laying off 300 employees and the online servers shutting down, for the time being. It is doubtful these employees will get paid. They may in fact get treated as Bet On Sports did back in 2006 when they closed down—no jobs, no paycheck.

Actually, right now Absolute Poker is still up and running in Europe, but with little traffic considering the questionable news that’s been circulating around them lately.

On Friday, Costa Rican authorities raided the company’s headquarters that were operating in the country’s San Jose capital. Prosecutors and agents entered the premises on the basis of a search warrant that was issued by Pavas criminal courts. This allowed authorities to search the residential homes and offices of those associated with the two online poker brands in Santa Ana, Escazu, and Rohmoser.

These actions come after accusations were brought about by Preet Bharara, the US Attorney for the Southern District of New York, against founders of Absolute Poker, Full Tilt Poker, and PokerStars.

Currently, the AbsolutePoker.com/Ub.com companies face $500 million in fines for allegedly violating the UIGEA, committing bank and wire fraud, and laundering money. However, a letter was sent to shareholders that read, “with no cash on hand and no prospects for any cash flow for the foreseeable future, the Board of Directors is required by Norwegian law to enter the bankruptcy process.”

US Attorney General Suggests Poker is a Game of Skill

May 5, 2011

US Attorney General Eric Holder, who stands behind the government shutdown of online poker sites PokerStars, Full Tilt Poker, Absolute Poker, and UB.com, has actually questioned whether or not poker is a game of chance or one of skill.

For US poker sites still registering US players-click here.

Holder suggested at a House Judiciary Committee hearing that certain laws that pertain to Internet poker must be enforced and that this was exactly what US authorities did when they forced the big three online poker brands to step out of the US market forever. He claims they were simply upholding the laws that restricted banking institutions from facilitating online transactions that were for the purpose of online gambling. The FBI took down the aforementioned online poker sites last month for allowing these illegal transactions and hiding them as retail trades.

However, when Holder was asked about his stance on poker, he refused to comment on whether or not he believed it was a game of chance or a game of skill. He was then asked if he thought Phil Ivey was merely lucky, and Holder admitted that although he did not play poker, nor know Ivey, he did in fact think that poker contains a certain level of skill.

Holder further commented that it was on Congress to make clear the laws regarding online poker and translate them accordingly. But with the current laws regarding online gambling in place, authorities were going to have to be held responsible for upholding the laws through enforcement and execution of the legislature.

While the Feds have stood firmly on their stance towards online poker in the US, they may be forced into action in the future to revise the laws in order to keep the peace and keep illegal online gambling in the US at bay. In addition, clarification of the UIGEA would also be required before any future Internet poker indictments could be served in the US.

Ira Rubin, One of the 11 Indicted on Black Friday Arrested

May 2, 2011

Another of the 11 indicted accused defendants involved in the three big online poker sites taken down two weeks ago has been apprehended. Ira Rubin, charged with operating an illegal online gambling site for US players, was arrested in Guatemala on April 25th. After the online domains of FullTiltPoker.com, AbsolutePoker.com, UB.com, and PokerStars.com were seized by the FBI, the US Department of Justice ordered the arrest of 11 people involved with these former online poker sites that allow US players to play online poker for real money.

At a hearing in Miami, Rubin told Andrea M. Simonton, US Magistrate Judge, that “I signed an agreement with a lawyer in New York Friday. I have no idea whether he’s been paid as of yet. I haven’t been able to make a phone call since Monday.”
Judge Simonton contacted the attorney, Stuart Meissner, who validated that he had not in fact been paid, so court dates were rescheduled for April 29th and May 2nd.

Dressed in a prison jumpsuit and handcuffed with shackles, following the hearing Rubin was returned to the Miami Federal Detention Center.

After the UIGEA was passed in 2006, it became illegal for banks to process online transactions regarding online gambling to offshore gambling companies, such as Full Tilt Poker, PokerStars, and Absolute, all of which are based outside the US (PokerStars is based in Isle of Man, Full Tilt Poker is based in Ireland, and Absolute Poker is based in Costa Rica).
Prosecutors now allege that despite the UIGEA’s limitations, the aforementioned online poker institutions falsified information regarding bank transactions in order to continue taking payments from US players, thus tricking the banks into allowing the transactions. Now the US government has fined the companies with $3 billion in penalties and forfeitures.
Where Rubin comes in to all of this is that, according to the indictment, he helped the three poker brands in question disguise these payments with “phony Internet merchants.”

Rubin was charged with 9 counts that included conspiracy to violate the UIGEA, 3 counts of violation of the UIGEA in correlation to the three online poker sites, conspiracy to commit wire fraud and bank fraud, as well as conspiracy to commit money laundering.

Bodog Poker’s Female Friendly Lineup

May 2, 2011

Via Twitter, Evelyn Ng announced her sponsorship renewal deal with Bodog Poker. Ng is the longest sponsored poker pro at Bodog Poker, who has been with the brand since 2006, tweeted last Wednesday, “I am thrilled to announce that I’ve renewed my sponsorship agreement with Bodog!”

Due to her televised appearances on the felt, she has become one of the most well-recognized faces in poker, though she hasn’t had the success rate as some of the other big dogs in the industry. She is just likeable and well-known, which is why Bodog wants to keep her on. In the wake of all of the other bad news and shuffling around in the online poker industry, it’s good to hear some good news. It is likely that Ng is grateful that she has a sponsorship deal with a thriving US brand online poker room that has not been attacked by the US Department of Justice lately.

Ng was representing Bodog at the EPT San Remo Main Event in San Remo, Italy with her boyfriend Lex “Raszi” Veldhuis, when she tweeted the news last week. In her career, Ng has successfully won around $375K in live tournaments alone since she started she took up occupation as a poker player in 2004.

In efforts to move towards a more female oriented marketing campaign, Bodog let a number of poker pros that they had been collecting over the years go. Players like Survivor star Jean Robert Bellande and WSOP second placer in 2004 David Williams were cut from the roster at Bodog Poker over the last year. Ng is one of the two sponsored pros left at Bodog Poker. The other is Amanda Musumeci, winner of Bodog’s promo contest to find the next pro.

May 2011 PartyPoker Bonus Code

May 2, 2011

PartyPoker Bonus

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If you are playing in US or Canadian dollars, you will need to earn 8 times your bonus in points. If you are playing in Euros, you will need to earn 10 times your bonus in points. And if you are playing in Sterling, you’ll need 12 times the bonus in points. As you earn, you’ll receive your bonus in 10 installments. To get the bonus, download the software, open a real money account using 500PS, and make a real money deposit with one of the secure payment methods offered in the PartyPoker cashier.

If you are new to online poker, PartyPoker hosts Beginner Tables. These tables are a great place to learn the ins and outs of online poker, as well as get used to the PartyPoker software.

WSOP Seats Giveaway

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