Is Online Poker Legal?

Is Online Poker Legal? Thumbnail

CBS News program "60 Minutes," which aired on Sunday night, claimed on multiple occasions that online poker was illegal in the United States. Near the top of the show, correspondent Steve Kroft narrated, "We should tell you that this $18 billion industry is illegal in the U.S." However, is that really the case? Read more »

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Cliff “JohnnyBax” Josephy Leaves Ultimate Bet

Cliff “JohnnyBax” Josephy Leaves Ultimate Bet Thumbnail

In a move that was revealed on Saturday on several online poker forums, World Series of Poker bracelet winner and accomplished online poker star Cliff "JohnnyBax" Josephy announced that he was no longer affiliated with Ultimate Bet. Previously, he had served as a member of the site's Star Players Team after signing in May. Read more »

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Special Thanksgiving Tournaments Continue on Bodog

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In the United States, Thursday marked the annual Thanksgiving holiday. Serving as a time for friends and family to join together, the holiday was also a cause for celebration on online poker room Bodog. On Saturday, the third of four special Thanksgiving tournaments will occur on the site, a $100,000 Thanksgiving Qualifier. Read more »

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Ultimate Bet Issues Memo to Employees

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As we previously reported on Poker News Daily, the story by CBS News program "60 Minutes" about the online poker cheating scandals at Ultimate Bet and Absolute Poker will air this Sunday, November 30th. In a blog posted by Nat Arem, who has been close to the investigation, it was revealed that Tokwiro COO Paul Leggett issued a memo to Ultimate Bet employees about the program airing. Read more »

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New CEREUS Features Unveiled

New CEREUS Features Unveiled Thumbnail

When the poker world woke up on Tuesday morning, the player bases of online poker rooms Ultimate Bet and Absolute Poker had been merged to form CEREUS. As of 12:30pm ET, over 17,000 players were seated at tables on the new network, manifesting the higher player counts that customers can expect to see in the future. Read more »

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Poker News Daily Undergoes Makeover

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If you're a regular here on Poker News Daily, then you know that the site looks just a little bit different than it did last week. Over the weekend, our programming team was hard at work redesigning PND to make the latest breaking stories easy to find once users log onto the site. Read more »

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CEREUS to Launch Tuesday

CEREUS to Launch Tuesday Thumbnail

In an e-mail sent by affiliate group Chipleader to its business associates on Monday, it was revealed that CEREUS, the merged player base of Ultimate Bet and Absolute Poker, would launch on Tuesday. The formation of the network was originally announced back in July. Read more »

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Peter Eastgate Interview with Poker News Daily

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Peter Eastgate recently became the youngest Main Event winner in World Series of Poker history at age 22, breaking Phil Hellmuth's record by two years. He was the fourth Danish poker pro to win a bracelet during the 2008 World Series and pocketed the second largest WSOP payout ever. Read more »

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João Barbosa Wins EPT Warsaw

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The PokerStars-sponsored European Poker Tour (EPT) just wrapped up its event in Warsaw last night. There were 217 entrants into the 21,000 PLN (approximately €5,200) event and when the smoke cleared, João Barbosa received the best birthday present imaginable, emerging as the champion and pocketing a €367,140 first place prize. Read more »

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GigaMedia Net Profits Rise in Third Quarter

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On Tuesday, GigaMedia Limited, which is the exclusive provider of software to online poker room Everest Poker, reported a 24% growth in consolidated net income to $12 million during the third quarter of 2008. The figure was up from $9.7 million during the same period in 2007. Read more »

FeaturedPoker Stocks

Sun Poker Moves to iPoker Network

Sun Poker Moves to iPoker Network Thumbnail

In a move announced on Tuesday, the Peak Group Malta, the parent company of Sun Poker, announced that its online poker site, along with Omni Casino and CSCasino.com, will be moving to Playtech's iPoker Network effective in the middle of December. Read more »

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Van Marcus Wins APPT Manila

Van Marcus Wins APPT Manila Thumbnail

In the longest final table in Asia Pacific Poker Tour (APPT) history, Australian poker player Van Marcus defeated Korean Noh Tae Jun to take home his first APPT title. Marcus has lodged three cashes over the course of his APPT career; all three have been final table appearances. Read more »

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WSOP Auctions Off Final Table Memorabilia

WSOP Auctions Off Final Table Memorabilia Thumbnail

Collecting memorabilia is normally associated with sports like baseball, football, and basketball. However, very rarely has poker gear been one that collectors look for. Officials from the World Series of Poker are looking to change that trend by holding the first ever WSOP auction featuring items from the final table of the 2008 Main Event. Read more »

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Kentucky Internet Gambling Case Stayed

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Poker News Daily has confirmed that the Kentucky Court of Appeals has granted the request of the Interactive Media Entertainment and Gaming Association (iMEGA) to stay a ruling handed down by Judge Thomas Wingate last month. Oral arguments will now be heard in a Louisville courtroom on Friday, December 12th. Read more »

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UIGEA Regulations Approved

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On Wednesday, the regulations of the UIGEA were finalized as part of so-called midnight rule-making by the Bush Administration and will be implemented on January 19, 2009, one day before Barack Obama is sworn in as the 44th President of the United States. Read more »

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CryptoLogic Merges Online Poker Rooms with Boss

CryptoLogic Merges Online Poker Rooms with Boss Thumbnail

In a press release posted on Marketwire this morning, it was revealed that the online poker clients of the CryptoLogic Network will merge with Boss Media in the beginning of the 2009 calendar year. Sites on the CryptoLogic Network include Sun Poker, Playboy Poker, Interpoker, Classic Poker, Betsafe Poker, and William Hill. Read more »

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