Online Poker News

The Alderney Gambling Control Commission “AGCC” past licenser of Full tilt Poker, issued a press release to prior Full tilt Poker players stating they no longer provide a permit for Full Tilt and moreover does not have any power to arbitrate in relation to Full Tilt players and problems with the internet poker website. The report furthermore determined that grievances will continued to be sent to their local police and advocates any players that are still due money to speak to the authorities.

Should they feel that they were the victim of a criminal offence; the AGCC has recommended they speak to police to consider future actions.

Although the report from the AGCC failed to reference anything concerning the acquisition of Full tilt Poker by funding group Grouped Bernard Tape, it’s still belief that GBT will obtain the internet poker brand and property from the US DOJ  for $80M. With transfer, the US could drop all charges. It remains unknown if players can expect to be refunded confiscated monies, though most are optimistic that when the takeover is completed, owners can make their utmost effort to repay what is owed to US players.

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The 1st High buy-in event of 2012, Pokerstars’ PCA ends with Viktor Blom besting a tough field to win the $100,000.00 Super High Roller event for $1,250,000.00.

The stacked final table included former EPT winner Mike McDonald, 2010 PCA Main Event champ Galen Hall, WSOP main event winner and recently robbed Jonathan Duhamel, and crowd favorite Stars RedPro Daniel Negreanu. Blom’s got heads-up with fellow nosebleed pro Dan Shak, whom he made quick work of. This victory is Bloms’ first live tournament win.

Just a year ago Blom attended the PCA and revealed himself as the complete sicko cash game player formerly only known to the poker world as ‘Isuldur1’. The Swedish Phenom has had a rollercoaster of a ride in 2011 winning and losing several million per session, ultimately showing a profit of $1,400,000 at years end.

Prior to this win, Blom has not had much success as a tournament player live or online. This win is by far his largest tournament cash and solidifies him as a legitimate contender in tournament play.

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A recent U.S. DOJ decision stating in-state online wagering doesn’t break federal laws has prompted a New Jersey Senator to press his cohorts to OK a bill legalizing internet gambling inside the state’s borders.

State Sen. Raymond Lesniak says that he will attempt to get a bill to Gov. Chris Christie’s offices as early as next week The aim will be to make New Jersey the nation’s innovator in gambling online, as the us government states that in-state wagers don’t breach current law.

Nevada has already been heading to exploit the decision. Recently, the state’s gaming authorities authorized gaming corporations to apply for permits to run online poker rooms. Caesars Entertainment and Boyd Gaming already have presented proposals to become licensed in Nevada.

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California Sen. Lou Correa, D-Anaheim, explained that his proposed SB40 bill brings the cash strapped state a quick $250 M by requiring advance licensing fees from online poker rooms. Previous finance manager Timothy Gage predicted it could generate more than 1,200 jobs and adds $1.4B to state coffers over the next decade.

Correa’s proposed bill would permit each Native American group and state-licensed poker room run their own On-line poker site, while using the state existing poker room laws. It will bar other internet gambling, apart from betting on horses.

Sen. Rod Wright, D-Inglewood, has introduced a similar bill, SB45, which would permit internet poker along with other types of wagering online.

His bill would permit 3 online poker sites that would grant 10 % of their gross income to the state. Internet gambling agents supported the bill, however earlier variations had been opposed by tribes and brick and mortar rooms. A preliminary study, Wright estimates, would provide the state a projected $2.4B to$6.1B over 8 years.

Wright heads the Governmental Organization Committee that hopes to advance the bill this January.

Proponents claim greater than 1.5M Californians play on-line poker every week and that poker regulation is an untapped revenue source that the state desperately needs.

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