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On Tuesday, PartyGaming founder Anurag Dikshit pled guilty to violating the Wire Act of 1961 in the Southern District Court of New York. Judge Jed Rakoff scheduled sentencing for December 16th, 2010, according to Bloomberg News. Dikshit posted a $50 million bond and will fork over $300 million in three installments to the United States Government. Read more »
Heading into the 2008 World Series of Poker (WSOP), the major change handed down by tournament officials was the introduction of a 117 day break prior to the start of the Main Event final table, which occurred in November. Heading into 2009, rebuy tournaments may become a distant memory. Read more »
Anurag Dikshit, the Co-Founder of PartyGaming, the parent company of popular online poker room PartyPoker, will fork over $300 million to U.S. authorities and plead guilty to a charge "relating to illegal web betting," according to a report published on the Financial Times website late Monday night. Read more »
Gaming software leader CryptoLogic Limited announced Monday that it will partner up with Orbis Technology Limited, an industry leader in the provision of interactive gaming and betting solutions. Read more »
In the World Poker Tour's Doyle Brunson Five Diamond World Poker Classic, Hellmuth arrived nearly six hours tardy to the Bellagio. However, good things come to those who wait, as Hellmuth found himself perched atop the leader board when play concluded on Saturday in Day 1A. Read more »
The perception of poker staking has evolved considerably over time. Previously being associated with those who needed money or were generally unsuccessful, staking has now become commonplace, even among the world's best players. Read more »
On Sunday, December 28th, up to 35,000 players will flock to PokerStars, the internet's largest online poker room. Fittingly, the goal is to set the record for the world's largest poker tournament. The event comes with a healthy $500,000 guaranteed prize pool and has just an $11 price tag. Read more »
Friday marked the resumption of the case involving the seizure and possible forfeiture of 141 internet gambling domain names by the Commonwealth of Kentucky. It pits the Justice and Public Safety Cabinet in the state against some of the most popular online poker, online casino, and online Bingo websites. Read more »
In 2006, the UIGEA was passed into law in the United States. The law, while vague, ran several high-profile online poker rooms out of the market. Recently, Norway has followed suit, enacting its own version of the UIGEA. Clive Hawkswood, the Chief Executive of the Remote Gambling Association, explains the Norwegian law. Read more »
Purchasing domain names is a common money-making scheme. Recently, blogger Nat Arem unearthed a list of sites purchased by Full Tilt Poker. They correspond to popular poker personalities and even misspellings of rival online poker sites. Read more »
The fifth season of popular televised cash game High Stakes Poker will film for three days beginning on December 19th at the Golden Nugget. The show boasts a $200,000 minimum buy-in and among those in attendance will be 2008 WSOP Main Event Champion Peter Eastgate. Read more »
The Chief Executive Officer of Sportingbet Australia, Michael Sullivan, was the target of an attack this week. A BMW X5 car was in flames outside of his North Shore home, according to the Daily Telegraph newspaper. Sullivan was not present at the time of the fire. Read more »
34-year old Sidney native Martin Rowe came out on top of a 476-player field to win AUD$1,000,000 and the PokerStars.net Asia Pacific Poker Tour (APPT) Grand Final championship. Read more »
On Friday, the first day of play began at the Nuevo Vallarta, Mexico stop of the PokerStars sponsored Latin American Poker Tour (LAPT). However, within 48 hours, the tournament had been unexpectedly broken up by local authorities. Read more »
Last week, CBS News program "60 Minutes" ran a feature story outlining the cheating scandals that erupted on online poker rooms Ultimate Bet and Absolute Poker. Jim Waters, Director of Communications for the Bluegrass Institute, sat down with Poker News Daily to discuss the episode. Read more »
Despite the tournament no longer being a sanctioned World Poker Tour (WPT) event, the Borgata Winter Poker Open will nevertheless host a $3,200 buy-in Main Event with a $2 million guaranteed prize pool in 2009, casino officials announced this week. Read more »
Poker After Dark, NBC's hit late night poker show, has announced its schedule and lineup for season 5. This season will feature many new players and more of the popular cash game shows. Read more »
On Sunday, CBS News program "60 Minutes" aired a feature story outlining the online poker scandals that occurred on Absolute Poker and Ultimate Bet. Keeping a watchful eye on the show was Republican Congressman Spencer Bachus, who hails from Alabama and is a staunch opponent of internet gambling. Read more »
This week, word spread across the offices of the World Series of Poker (WSOP) that All In Energy Drink, which is partly owned by 10-time bracelet winner Johnny Chan, had signed a multi-year partnership to remain as a sponsor of the marquee tournament series. Read more »
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 »
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 »
Airing as the first feature on CBS News program "60 Minutes" on Sunday was an investigation into the online poker scandals that rocked Ultimate Bet and its sister site, Absolute Poker. Both rooms are owned by Tokwiro Enterprises. Read more »
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 »
As the calendar clicks to the final month of 2008, poker players are preparing to take on the Five Diamond World Poker Classic, one of the most prestigious tournament schedules of the year, at the Bellagio in Las Vegas. Read more »
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 »
