Phil Ivey in between black Friday

When the saga of Black Friday began, there was another back leash against the government of America from Pokerstars. The reason for this action was that they were registered in foreign country and hence would ignore the rule of law by Kentucky. The casino card game has made United States of America famous with exceptional players coming in the game over the years.  There have been lots of clamor for the American government to make online poker gambling legal by millions of fans and lovers of poker. This noble request was crashed by black Friday on the 15th of April, 2012 when the biggest online poker platforms were charged that is up to $3 billion against the big poker players’ sites like PokerStarts, UB.com and Full Tilt Poker and then AbsolutePoker.

Where was Las Vegas in all these court actions? Las Vegas has hosted Joe Cada and would always welcome him to their state for World Series of Poker main Event. What this means is that the state is a force in poker and should have a major discussion in any problem of poker.  Kentucky is not as hot as Las Vegas in Poker but has made a significant impact in safe guarding their citizens against frauds.  Protection of citizens from sites that would not be truthful to themselves cannot be tolerated by Kentucky.

A lot of people and poker platforms that had been caught do not have a good story to tell because of the punishment that was melted on them. Today, players like Phil Ivey would not allow the affected online sites that were operating in United States of America from not getting their own by rejecting them and disassociating with them. The reason for this was because of money laundering which eventually stopped the dreams of many Americans from making online poker their hobby.

Where is Phil Ivey?

It was sad news last year, 2011 on a Monday evening when PokerNews broke the news that Phil Ivey would not be playing the 2011 World Series of Poker.   Most of his fans did not take it lightly they were expecting him to win the grand price at Las Vegas. Not only that he did not play at the prestigious tournament, he had filed a lawsuit against Tiltware, the software and marketing company for Full Tilt Poker.  This was when it became clear that the decision of the player has more to do with Full Tilt Poker and its marketing company. The lawyer that Ivey hired was David Z. Chesnoff to win his case against the Tiltware.

Nightly Turbo did a decent job in putting this lawsuit in a nutshell: “Ivey is suing for injunctive relief, declaratory relief, and damages. The first cause of action, injunctive relief, is focused on Ivey’s non-compete contract and making in unenforceable. In the second cause of action, breach of contract, it says the Plaintiff (Ivey) has been damaged by lost business opportunity, lost income, and damage to his personal and professional reputation all in an amount that exceeds $150,000,000.”

With that said, here is Tiltware’s statement in its entirety:

“Contrary to his sanctimonious public statements, Phil Ivey’s meritless lawsuit is about helping just one player – himself. In an effort to further enrich himself at the expense of others, Mr. Ivey appears to have timed his lawsuit to thwart pending deals with several parties that would put money back in players’ pockets. In fact, Mr. Ivey has been invited — and has declined — to take actions that could assist the company in these efforts, including paying back a large sum of money he owes the site. Tiltware doubts Mr. Ivey’s frivolous and self-serving lawsuit will ever get to court. But if it does, the company looks forward to presenting facts demonstrating that Mr. Ivey is putting his own narrow financial interests ahead of the players he professes to help.”

The question is will Phil Ivey be playing in 2012 World Series of Poker Main Event?

The bubble had to burst

When you’re thinking about having fun sitting in your own home you have to think about online poker because it was one of the most popular entertainment spectacles in the United States. There were over two million people playing from the comforts of their own home at the top of its prime in 2010. Those players are averaging betting around $18,000,000,000 and games and tournaments just online playing poker.

In 2010 the Washington Supreme Court upheld a law passed by the legislature making it a felony for anybody living in the United States to place a bet online. Last year in a Federal Court in New York City they shut down the biggest online poker sites including the website full tilt poker because they were stealing money and winnings from their players.

Online betting in the United States has fallen 83% since then because they do not want to have a felony on the record just placing a bet.

Lee Rousso use to love getting involved in a game online and used to play all the time, against the likes of Joseph Hachem and Phil Hellmuth. The best part of this is he was an attorney and trying to fight Washington law about online gambling soon lost at this level of the Supreme Court. According to his comments he doesn’t know a soul who will risk playing online anymore.

He said that he doesn’t understand the attraction and seems most that the fun is done because of the legality of gambling or placing a bet online for U.S. citizens. The only thing that he could think of is that they must like playing the game and that is why you have people betting all the time.

Online gambling is growing very fast outside the United States where is legal to own and operate the gambling website. Gigantic growth in parts of Asia made gambling online as popular as it is today. Other countries are starting to grow in popularity because of the online gambling websites you can go to especially in Europe.

Poker Championship Schedule Released

Recently and suddenly, Crown Melbourne declared the Aussie Millions Poker Championship 2013. The poker championship will feature the most awaiting 26 “Championship-Ring” events along with buy-ins ranging from AUD $500 to AUD$250,000. The championship will start from 17th January and will continue till February 3, 2013.

Of all the other poker events, Aussie Millions is the only remaining autonomous events in the international poker circuit. Aussie Millions has occupied its position among top four poker majors and is also enlisted best one amongst some of the finest poker players in the world – said by Greg Hawkins, Chief Executive officer of Crown.

Gus Hansen, Aussie Millions Champion 2007 said that this place attracts him a lot because this is where he can experience a pleasant atmosphere, great staffs and Australian people. He also added that Crown’s effort to make the event successful is fulfilled to a great extent. The high stakes pro and the aspiring amateur will make you feel to come back time after time.

The schedule of 2013 event is fore-grounded by the return of the Challenge $250,000 and $100,000 Challenge as well as Shane Warne Charity Poker Tournament and the widely popular Joe Hachem tournament. The main attraction of the event is the AUD$10,600 Main Event which one is speculated to honor AUD$2,000,000 first prize. The event will take place on 27th January and will end on 2nd February. Full schedule of the events that will be held are mentioned on their website. We are waiting for the event to start so that we can enjoy each and every bit of it.

Hollywood celebrities are avoiding Poker

Shaun Deeb emerged as victorious to other PokerStars Spring Championship of the game of Online Poker Championship on Tuesday. One can get the detailed information from his record 4th career SCOOP win in the Day ten recap. The World Series of Poker in 2011-12 is approaching to an end. One can assume which of the seventeen halts were the best in this season. The group from the PokerNews Live team of Reporting has given their information.

Daniel Negreanu came back again with his Weekly Rant last Wednesday. This week, Daniel Negreanu has discussed the recent of World Series of Poker regulation changes. He has also discussed the psychological science of golf as well as his true emotions for Jeffrey Pollack. Tinseltown Celebrities tried to avoid and escape Poker Court Battles. The Hollywood celebrities associated to the legal difficulties of previous poker friend Bradley Ruderman can inhale a joint sigh of relief after the case will be settled outside court of law.

Howard Ehrenberg, the bankruptcy regent looking for reimburse as much as 5.2 million dollars for investors which had been scammed by Ruderman, said Celebuzz.com that all the twenty two defendants mixed up in Ruderman’s Hollywood game of poker have decided to settle for a sum total of 1.75 million dollars. Among the celebrities being litigated by Ehrenberg were actors Tobey Maguire,eminent film maker Nick Cassavettes and earlier host of High Stakes Poker Gabe Kaplan.

Leonardo DiCaprio, Matt Damon, Alex Rodriguez and Ben Affleck who were said to be the part of the secretive game are lucky enough not to face any legal trials. With all the twenty two settlements protected, details of all the unlawful high-stakes games will remain outside the court.

Ruderman is currently serving a ten year prison sentence for campaigning a Ponzi strategy to get rid off debts. Ruderman controlled a wire-fraud as well as investment-adviser fraud scheme which lost investors 25 million dollars and then supposedly lost another 5.2 million dollars in the high-stakes game of poker trying to get the wealth back.

US TAKES TIME

Online poker fans in the US have to be patient. While the federal regulation of online poker is a impossible project, the state regulations also seems to have a trouble especially in the process, asking several states such as Mississippi, Hawaii and Iowa abandon approaches.
Even though no legislation strikes the protuberance of the intrastate rules, it seems that the procedure is too composite as well as too long to achieve. Only, the state of Nevada handled to carry out the long process and since last month this rule is official.

The Gaming Commission is planning the allowing of the 1st agreements. Probably, this success, is caused by the concept that the state relied on the profit from gambling to encourage its development and economy.

Nevada took an unequaled way that Iowa looked for to take as an example. The bill that allowed the online poker rules in the state of Nevada specified that the online poker operators who work with casinos that will have the right to work in the state. A theoretic, it is quite an effective path to save players and draw maximum benefits whatsoever for the operator of the casino or the state.

Still, another legislative chamber in the state of Iowa disputed the plan that was adopted in December that caused a stop of the transactions. At present, other American states like California and New Jersey are tempted to follow Nevada’s path.