Poker News

Chris Moorman (moorman1) Wins PocketFives.com Yearly PLB Title

DoylesRoom sponsored pro Chris "moorman1" Moorman stormed through the competition in 2009, capturing the Yearly PocketFives.com Leaderboard (PLB) title. In addition, he claimed the Monthly PLB for December, his second of 2009.

Moorman’s claim to fame during the year came in August, when the British online poker pro chopped a Full Tilt Online Poker Series (FTOPS) $322 No Limit Hold’em with Rebuys event for $204,000. His second largest cash to date on the virtual felts came in April, as Moorman made the final table of a PokerStars Spring Championship of Online Poker (SCOOP) event for $113,000. In February, Moorman was in the winner’s circle of the PokerStars $100 Rebuy for a cool $88,000.

Moorman was a beacon of consistency throughout 2009. In the first Online Poker Rankings update on PocketFives.com, which occurred on January 7th, Moorman sat at number two worldwide. Three weeks later, the youngster overtook Alex “AJKHoosier1” Kamberis for the Rankings’ top spot, a position that he held until February 25th. On that date, Steve “gboro780” Gross, CardPlayer’s Online Player of the Year winner for 2009, ascended to the top of the PocketFives.com Rankings, pushing Moorman back to second worldwide.

Gross had a stranglehold on the top spot in the Rankings until August 12th, when Shaun “shaundeeb” Deeb overtook him. Deeb, of course, announced in mid-November that he was retiring from tournaments due to burnout. On September 23rd, Moorman was back on top in the same month that he officially became a member of the Brunson 10, the group of online poker players handpicked by Doyle Brunson to represent DoylesRoom. Moorman held the top spot in September for a week until the 30th, when Gross once again led the way.

On November 25th, Dan “djk123” Kelly stole the top spot from Gross just in time for the Thanksgiving holiday in the United States. Moorman then ascended to the head of the class on December 30th, with the next Rankings update to be released on Wednesday, January 6th. The Rankings encompass tournaments with at least 100 entrants and prize pools of $1,000 or more. Each event must have a buy-in of at least $1 and only scheduled tournaments are tracked. Only non-satellite tournaments with real money buy-ins are counted across some of the world’s largest online poker sites like Absolute Poker, Betfair, Bodog, Cake Poker, Carbon Poker, Full Tilt, PartyPoker, PokerStars, Titan Poker, and UB.com.

On the PocketFives.com Yearly PLB for 2009, Moorman logged 20,850 points, comfortably edging out Kelly, who netted 18,606. Moorman’s largest score was 716 points, whereas Kelly’s single greatest PLB tally was double that. Gross took third on the Yearly PLB for 2009. Here were the final results:

1. Chris “moorman1” Moorman – 20,850.97
2. Dan “djk123” Kelly – 18,606.93
3. Steve “gboro780” Gross – 18,472.42
4. Shaun “shaundeeb” Deeb – 18,061.15
5. Tony “D1rtyR1v3r” Nardi – 17,616.29
6. Kevin “ImaLuckSac” MacPhee – 17,514.48
7. David “Doc Sands” Sands – 17,354.60
8. Jeremy “daisyxoxo” Fitzpatrick – 17,167.12
9. Felipe “improved” Montenegro – 17,134.04
10. Ben “NeverScaredB” Wilinofsky – 16,323.68

Moorman finished fourth on both CardPlayer’s and Bluff’s Online Player of the Year leaderboards for 2009. He joined the Brunson 10 in September, becoming the fourth member of a talented group of players that already included Amit “amak316” Makhija, Zachary “CrazyZachary” Clark, and Alec “traheho” Torelli. In November during final table play of the World Series of Poker (WSOP) Main Event, the Brunson 10 welcomed “2 Months, $2 Million” cast member Dani “ansky” Stern to its ranks. Stern was the youngest personality to appear on the G4 online poker reality show.

DoylesRoom happily accepts customers from the United States as a member of the Cake Poker Network. Other site pros include Todd Brunson, Hoyt Corkins, and “The Mad Genius of Poker” Mike Caro.

2009 WSOP Europe Air Dates Announced

Fans of the World Series of Poker (WSOP) Europe won’t have to wait long for the tournament series to air on ESPN. The first episode kicks off on Sunday, January 31st at 11:00pm ET and a total of 10 hours will air.

The opening episode will be one of two recapping the Caesars Cup, a made-for-television tournament that featured Team Europe taking on Team Americas. The former ultimately crushed the Americas squad four matches to one, with the stars of poker turning out to compete on behalf of their continents. Team PokerStars Pro member Daniel Negreanu captained the Americas squad, which also featured DoylesRoom namesake Doyle Brunson, 2009 WSOP Main Event November Nine member Phil Ivey, 11-time WSOP bracelet winner Phil Hellmuth, reigning National Heads-Up Poker Championship winner Huck Seed, 2008 WSOP Europe Main Event winner John Juanda, Big Game player Jennifer Harman, and Barry Greenstein, who was a last-minute replacement for Chris Ferguson.

The American squad held a total of 45 gold bracelets and more than $50 million in career earnings. Their foes: Team Europe, led by 2007 WSOP Europe Main Event Champion and Betfair pro Annette “Annette_15” Obrestad. Her group of young guns included 2008 WSOP Main Event winner Peter Eastgate, Italian poker sensation Dario Minieri, 2008 PokerStars Caribbean Adventure victor Bertrand “Elky” Grospellier, Power Poker front man Ilari “Ziigmund” Sahamies, Durrrr Challenge participant Patrik Antonius, Gus Hansen, and Betfair qualifier John Harvey, a 47 year-old pipe inspector from Scotland.

On March 1st, the second of two hours dedicated to the Caesars Cup will air on ESPN. The festivities kick off at Midnight ET and serve as the run-up to the WSOP Europe Main Event, which will begin on February 7th. The £10,000 buy-in tournament drew a crowd of 334 runners and featured one of the toughest final tables ever assembled in WSOP Europe history. Two members of the November Nine – James Akenhead and Antoine Saout – reached the feature table in London, a feat accomplished in 2008 by Ivan Demidov.

Also at the WSOP Europe Main Event final table was Negreanu, the face of the “PokerStars.net Million Dollar Challenge,” who took fifth in the same event in 2008. Joining Negreanu was Barry Shulman, whose son, Jeff Shulman, reached the final table of the Main Event in Las Vegas. The duo was seeking to make poker history as the first father/son team to win poker’s most coveted bracelets in the same year. The final table lasted 16 and a half hours and the entire WSOP Europe schedule panned out at the Casino at the Empire in London.

Here is the schedule for the 2009 WSOP Europe Caesars Cup and Main Event on ESPN. All times are Eastern and each episode runs for one hour:

Sunday, January 31st: 11:00pm (Caesars Cup)
Monday, February 1st: 12:00am (Caesars Cup)
Sunday, February 7th: 10:00pm (WSOP Europe Main Event)
Sunday, February 7th: 11:00pm (WSOP Europe Main Event)
Monday, February 8th: 12:00am (WSOP Europe Main Event)
Sunday, February 14th: 11:00pm (WSOP Europe Main Event)
Monday, February 15th: 12:00am (WSOP Europe Main Event)
Monday, February 15th: 1:00am (WSOP Europe Main Event)
Sunday, February 28th: 9:00pm (WSOP Europe Main Event)
Sunday, February 28th: 10:00pm (WSOP Europe Main Event)

Poker PROductions filmed WSOP Europe for ESPN. The same company also brings poker television staples like NBC’s “Poker After Dark” and GSN’s “High Stakes Poker” to life. Last August, ESPN and the WSOP reached an agreement to keep the tournament series on the cable station until April 2018. The WSOP attracts a total viewing audience of more than 80 million people each year and at least 32 hours of coverage will air annually.

WSOP Europe air dates outside of the United States will likely be announced soon.

Justin Bonomo (ZeeJustin) No Longer a Bodog Poker Pro

Two months after Jean-Robert Bellande lost his status as a sponsored pro of the online poker room Bodog, Justin “ZeeJustin” Bonomo also appears to be out. Bonomo is no longer listed as a member of Team Bodog on the poker room’s website.

David Williams and Evelyn Ng are the lone survivors of Team Bodog, whose numbers have been cut in half since mid-November. Bonomo owns more than $1.2 million in career earnings from World Series of Poker (WSOP) and Circuit Events and brought Bodog a considerable amount of exposure after final tabling the $40,000 buy-in No Limit Hold’em tournament commemorating the 40th running of the WSOP in 2008. Bonomo claimed fifth place for $413,000 in the event, which aired on ESPN. One month prior, he captured his first Circuit gold ring by winning the Caesars Palace Championship tournament for $227,000, defeating Michael “The Grinder” Mizrachi heads-up.

Bonomo appeared on the UB.com-sposored poker news show “Poker2Nite” last week, breaking down a hand from a $5,000 Mixed Hold’em event during the 2008 WSOP. In the segment, dubbed “In the Tank,” Bonomo wore no Bodog logo and, as taped rolled from the event two years ago, the Bodog logo on Bonomo’s white shirt was blurred out. In the end, Bonomo finished as the runner-up to Full Tilt Poker pro Erick Lindgren and banked $230,000.

Bonomo is still listed on Bodog’s website in a Heads-Up TLB Records console. In addition, Bonomo’s Twitter page continues to boast a Bodog logo. Now, Williams and Ng will serve as the face of the USA-friendly online poker room, sports book, and casino. According to the traffic ranking outlet PokerScout.com, Bodog is the 15th largest site or network worldwide with a seven-day running average of 840 real money ring game players. During its peak hours, nearly 1,500 cash game enthusiasts call the site home. Bodog is the fifth largest site to accept players from the United States, trailing PokerStars, Full Tilt Poker, the CEREUS Network, and the Cake Poker Network.

During November’s running of the Bodog Poker Open, three sponsored online pros took to the field in the Main Event. They included Smith “nevertilt22” Collins, Jonathan UFPokerStar Westra, and Ari Engel, who ultimately took third in the 257-player tournament for $16,000. A total of 2,646 players showed up for the 11 events that comprised the Bodog Poker Open’s Championship and Contender series, creating a total prize pool of $368,000. The online poker site added another $65,000 to the kitty.

Bonomo’s image was removed from Bodog’s website during the day on Saturday. Williams appeared during a high-stakes home game as part of the G4 online poker reality show “2 Months, $2 Million,” which starred Dani Stern, Jay Rosenkrantz, Emil Patel, and Brian Roberts. Williams lost $50,000 during the game, which took place at the Las Vegas home of the “2 Months, $2 Million” cast and also featured Team PokerStars Pro member Bertrand “Elky” Grospellier and David “Viffer” Peat.

In November, Bellande lost his status as a Bodog pro. Last February, Bellande renewed his sponsorship agreement with the online poker room. However, it was not picked up once it expired, as a Bodog Poker Room Manager told Poker News Daily in November, "Jean-Robert Bellande’s deal with Bodog Poker expired at the end of October and the decision was made not to renew the deal. It has been an absolute pleasure having Jean-Robert as one of Bodog.com’s Poker pros and we wish him all the best."

Ads running on Bodog’s poker website promote betting on the Fiesta Bowl, which pits Texas Christian University (TCU) against Boise State. At the time of writing, TCU sits as an eight point favorite. Wagering is also open on the Orange Bowl, GMAC Bowl, and Thursday’s BCS Championship game.

Dusty Schmidt (Leatherass) Plays Online Poker for Charity in Portland

Poker player Dusty “Leatherass” Schmidt, known for his spat against the United States Golf Association (USGA), played 30 hours of online poker in Portland, donating $21,000 to Transition Projects as part of “Playing it Forward.”

According to The Oregonian, the proceeds will fund six months’ worth of rent, basic supplies, and even furniture for three homeless people in the Portland area. He dragged his arsenal of laptops outside in the cold for a portion of his campaign, attracting the attention of passersby and the media alike. Schmidt told Poker News Daily, “The idea was to play for 30 or 40 hours. A lot also depended on how I was doing. I went out there four times and didn't get to play for more than a few hours each day because the batteries on my computers drained. I ended up bringing a few laptops as a result.”

Ground zero for Schmidt was O’Bryant Square at Southwest Washington Street and Park Avenue, where he noted that, due to the cold, his computer batteries did not hold up. On the first day, he was at empty within a few hours. On the second day, Schmidt said he was able to play for five hours. Despite the elements, Schmidt told Poker News Daily that he was happy to give back to the community: “I do quite a bit of philanthropic stuff in Portland. This was the first one where it made sense to draw a little bit of attention to it.”

The Oregonian explained the origins of Schmidt’s Playing it Forward campaign: “The 2000 movie ‘Pay it Forward,’ in which a boy comes up with the idea to do something kind to three people, who each have to pay forward the favor to another three people, had always stuck in his head.” The poker player and golfer told us that he’s received more than 100 e-mails in recent days during the holiday season from people who have paid it forward to others. Schmidt relayed, “I know there could have potentially been thousands of people affected.”

Another inspiration for Playing it Forward was Schmidt’s daughter, Lennon, named after Beatles great John Lennon. Schmidt told Poker News Daily what the correlation was between the rock legend and helping those in need as the calendar year ticks over to 2010: “John Lennon was a lot of the inspiration for me doing this. If John Lennon were a poker player, I could see him doing something like playing in the streets.”

As it stands, Schmidt lost his amateur status after a prop bet involving poker and golf landed him in hot water with the USGA. He’ll be eligible to return in mid-2010 and, in the meantime, has ramped up his poker game. Despite his lofty goals, several comments left on The Oregonian’s website were critical of Schmidt’s efforts. One poster, “cheez_wiz,” noted, “That's nice of him but isn't online poker illegal?” Others critiqued the charity that benefited from Schmidt’s efforts: “Giving money to TPI, Inc. is like throwing it away. Not one homeless person will ever see one penny of that money.”

The $1 million prop bet consisted of 72 holes of golf plus 10 heads-up poker matches. In July, the U.S. District Court in Portland heard his appeal after Schmidt lost his amateur status. No one took Schmidt up on his challenge, but he promptly dropped his lawsuit. According to Schmidt, a judge “equated it to a church excommunicating a member unfairly and there not necessarily being a legal remedy under which a judge can force the church to reinstate that member.”

According to the USGA’s website, actions that would cause amateur golfers to become professionals include “accepting the position of a professional golfer,” receiving services from an agent, entering into a sponsorship agreement, and “agreeing to accept payment or compensation, directly or indirectly, for allowing his name or likeness as a player of golf skill or reputation to be used for any commercial purpose.” USGA rules specifically forbid certain forms of gambling and golfers are advised to consult with the organization for clarification.

Poker2Nite Welcomes Gavin Smith

The final UB.com sponsored “Poker2Nite” of 2009 aired on Wednesday night and featured Gavin Smith along with a recap of the outgoing calendar year. In addition, Justin “ZeeJustin” Bonomo broke down a hand from the 2008 World Series of Poker (WSOP) on the Fox Sports Net poker news franchise.

“Poker2Nite” hosts Joe Sebok and Scott Huff ticked off their top three poker stories of 2009. For Sebok, the WSOP Main Event final table came in at number three, as he told viewers, “It had more suckouts than a Blow Pop factory.” Huff added, “It finally proved that the November Nine format can work.” Number two on Sebok’s best of 2009 list was the arrival of Isildur1, who stormed onto the high-stakes online poker scene late in the year. Sebok noted, “For somebody to come out of the mystery and take over is pretty unbelievable.” Sebok’s top story of 2009 was Phil Ivey, who won two WSOP bracelets and reached the final table of the Main Event. He also appeared on the cover of “ESPN: The Magazine.”

Huff then shared his top three poker news stories of the year. First up for the “Poker2Nite” host was Lada Gaga introducing her hit song “Poker Face” to the world. Huff explained, “You have the biggest pop star in the world making a song about her poker face.” Number two was the WSOP Main Event Day 1D lockout, which saw 500 players shut out of poker’s most prestigious tournament when it reached capacity. Huff questioned, “How do you shut people out of the Main Event of the WSOP?” Number one for Huff was the compliance delay of the Unlawful Internet Gambling Enforcement Act (UIGEA). As it stands, the financial services industry in the United States has until June 1st to comply with the 2006 law.

“Poker2Nite” correspondent Lacey Jones interviewed players at the Doyle Brunson Five Diamond World Poker Classic asking what their New Year’s resolutions are for 2010. Shawn Buchanan stated that he wanted to win a WSOP bracelet, while Shaun Deeb explained that he’d rent a house in Europe. Vivek “Psyduck” Rajkumar vowed to study the game more, while Steve “MrTimCaum” O’Dwyer desired to be more organized. Finally, UB.com pro Adam “Roothlus” Levy told Jones that he would lose weight in 2010.

Smith, a Full Tilt Poker pro, then joined the show. He described 2009 as, “Awful. Atrocious. Terrible. It’s my very first ever losing year in tournament poker.” He added, “I don’t think I ever tried to win.” Smith took home $120,000 from an episode of NBC’s “Poker After Dark” and earned $30,000 at the 2009 WSOP. A man known for prop betting, Smith explained the origin of a tattoo featuring the initials “J.S.” on his shoulder: “At the L.A. Poker Classic a few years ago, [Sebok and I] had a last longer bet and the loser was supposed to get the other man’s initials on his butt.” Smith, upon hearing how painful a tattoo on his rear would be, instead immortalized Sebok’s initials on his shoulder.

Bonomo appeared in a segment entitled “In the Tank,” breaking down a hand from the 2008 WSOP against David “Chino” Rheem and Roland de Wolfe. The Bodog pro described his thought process on every street, although Bonomo ultimately dropped the pot to de Wolfe, who picked off Bonomo’s bluff. Bonomo bet after the river brought three clubs to the board, explaining, “Roland has to be afraid of that card,” but de Wolfe called with an underpair to the board.

Dana Workman doled out the “Weekly Misdeal,” a satirical look at recent poker headlines. Workman chose to recap the top offbeat stories of 2009, including Ivey’s numerous side bets involving bracelet wins at the 2009 WSOP, the Poker Hall of Fame nomination of Tom “durrrr” Dwan, and UB.com pro Annie Duke’s feud with comedian Joan Rivers.

“Poker2Nite” airs on Wednesdays at 11:00pm ET on Fox Sports Net. Check your local listings for more information, as the show is often pre-empted due to local sports programming.

2009 Poker News Story of the Year

What is the poker news story of the year for 2009? Is it Swedish online poker pro Isildur1 igniting the high-stakes cash game world? Is it the World Poker Tour (WPT) being sold to Party Gaming? Is it something else? Poker News Daily’s staff evaluates the nominees.

In a poll posted on Poker News Daily asking readers to choose which of five news stories was the most important of 2009, an overwhelming majority picked the high-stakes cash game action featuring Isildur1. Others selected Joe Cada becoming the youngest winner of the World Series of Poker (WSOP) Main Event, while many readers picked the delay of mandatory compliance with the Unlawful Internet Gambling Enforcement Act (UIGEA). Also receiving votes were Party Gaming’s purchase of the WPT and the sudden closure of several high-profile poker rooms.

We asked each of our writers to select one option and argue why it is the top poker news story of 2009. Here’s what they had to say. Don’t forget to voice your choice in the poll to the right of this article.

Isildur1 Ignites High-Stakes Poker Scene
By Brett Collson

With the Durrrr Challenge moving at a crawl and the rest of the nosebleed games on Full Tilt Poker lacking in attendance, it appeared that the online high-stakes action was deteriorating in the fall of 2009. That all changed when an unknown Scandinavian with a seemingly bottomless bankroll appeared out of nowhere to take on anyone up to the challenge. Isildur1 shocked the world when he exploded onto the scene in November, recording multi-million dollar wins over Tom "durrrr" Dwan, the man we all perceived to be unbeatable. Phil Ivey, Patrik Antonius, and many others took notice and sat down with the Swede, resulting in swings that the online poker world had never witnessed before. At one point, Isildur1 had a profit of around $5 million, but after a number of losing sessions and a record-setting match against Brian Hastings, he was stuck nearly $3 million in a matter of weeks. While his masked emergence may have been brief, the mysterious Isildur1 changed the dynamic of high-stakes poker on the internet.

Joe Cada Becomes Youngest WSOP Main Event Champ Ever
By Jessica Welman

While Isildur1’s online run was impressive and the UIGEA delay was important, ask the casual poker fan what happened this year and they’ll likely cite the 2009 WSOP Main Event final table. This year’s November Nine had everything - big names, great stories, broken records, and a lot of suckouts. Fans were surely sad to see Phil Ivey bust in seventh place, but young Joe Cada has proven to be a more than adequate ambassador, as he brought poker to the mainstream media with appearances on the “Late Show with David Letterman,” CNN, “WWE Monday Night Raw,” “ESPN SportsCenter,” and Time Magazine. “The Kid” and his fellow November Niners captured the attention of people who typically didn’t give poker a second thought and took huge strides towards taking the game out of the backrooms, out of cyberspace, and into the spotlight, which no other poker headline was able to achieve in 2009.

WPT Sold to Party Gaming
By Earl Burton

There are several reasons why the sale of the WPT to Party Gaming is the top story of 2009 in poker. The most important reason is that, for the first time in its illustrious history, the WPT is now on a firm financial footing with an organization that can promote it to the fullest. In the future, with Party Gaming’s financial backing, there shouldn’t be problems securing tournament venues or television contracts. With the ability of Party Gaming, through its online poker site PartyPoker, to provide satellites for players to earn their way into events, tournament fields will probably grow in the coming year, potentially even returning to the “glory days” of a few years ago before the UIGEA. These and many other reasons should continue to keep the WPT in the same stratosphere as the WSOP and makes the sale of the WPT to Party Gaming the top story of 2009.

UIGEA Compliance Deadline Delayed
By Dan Cypra

I wonder whether I would even be here right now if the UIGEA regulation compliance date of December 1st had stood. The online poker industry in the United States, which feeds live tournaments around the world, could have potentially come to a screeching halt. Although nobody knows for sure what the real-world implications of the delay will be, the actions by U.S. Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke essentially preserved the status quo for another six months until June 1st, 2010. The delay marked the most important legislative development since the UIGEA was passed in 2006 and should be the most important poker news story of the year.

Pitbull Poker/Eurolinx/BetOnBet Closures
By Tom Jenkins

The closures of a handful of notable online poker sites represented a dark chapter of 2009. Pitbull Poker, Eurolinx, and BetOnBet all shut their doors to the general public, with thousands of poker players potentially out money as a result. Given the circumstances surrounding their closures, one can easily see why the very foundation of the online poker world could be disrupted going forward. Players must be able to trust that their money is safe when they deposit online given that very little punishment exists for wrongdoing by poker rooms. The wave of closures may ultimately lead to industry consolidation in 2010 and beyond, making this one of the top news headlines of the 2009 calendar year.

Phil Ivey Files for Divorce

In breaking news from TMZ, 2009 World Series of Poker (WSOP) November Nine member Phil Ivey has filed for divorce from his wife of seven years, Luciaetta. Ivey finished seventh in the $10,000 buy-in tournament this year and earned $1.4 million.

On Tuesday, a report that appeared on TMZ read in part, “Ivey and Luciaetta filed the joint petition in a Nevada court on December 22 ... three days before Christmas. The divorce was granted today - both parties were present for the ruling.” The couple wed in 2002 and has no children. TMZ added that Ivey has made $12 million over the course of his poker career. The “Tiger Woods of Poker” appeared on the cover of “ESPN: The Magazine” in November.

Ivey earned two WSOP bracelets during the 2009 tournament series to ratchet his total up to seven. Interestingly, none of the seven has come in Hold’em, as he has instead taken down Pot Limit Omaha, Limit Seven Card Stud, Limit Seven Card Stud High-Low, Limit SHOE, Deuce to Seven Draw Lowball, and Omaha/Seven Card Stud High-Low events. In the latter, his most recent bracelet win, Ivey trumped Ming Lee heads-up in a final table that also included Carlos Mortensen, November Nine member Eric Buchman, Jon “PearlJammer” Turner, and Dutch Boyd.

TMZ was quick to point out the irony of Ivey being compared to Woods. Its news story detailed, “Ivey is known in the card community as the ‘Tiger Woods of Poker’ - [insert your own joke here].” Woods was involved in a now-famous auto collision with a tree in front of his home. His wife purportedly smashed the SUV’s window with a golf club to help Woods exit safely. What led to the incident is anyone’s guess, but a handful of women are alleged to have had extra-marital affairs with the professional golfer.

Earlier this month, Woods announced that he was taking a leave of absence from golf. In addition, companies like Accenture and Gillette ended their advertising and sponsorship agreements with Woods. In fact, a Reuters article released on Tuesday noted that Woods’ infidelity could costs the shareholders of companies he endorses up to a colossal $12 billion. Researchers explained the enormous loss of value: "Our analysis makes clear that while having a celebrity of Tiger Woods' stature as an endorser has undeniable upside, the downside risk is substantial, too."

Ivey’s first eight in the money finishes on the World Poker Tour (WPT) were all for final tables and he picked up a win in the Season VI L.A. Poker Classic for $1.6 million. All told, Ivey has just under $3 million in career earnings from the WPT circuit.

Meanwhile, posters on the popular online poker forum PocketFives.com reacted to the TMZ story. “33mikemcg” noted, “I had no idea he was married. Nice life for that ex-wife I am sure she will get plenty to last a lifetime.”

Poker players, who travel around the United States and the world to live tournaments, seemed to be able to sympathize with Ivey. “ImaLuckSac” explained that the pro’s lifestyle may not have been conducive to a stable marriage: “All jokes aside, who can really be that surprised? These guys are constantly traveling, stressed, and still making the big bucks. Personally I think they deserve a lil' strange.” Others jokingly speculated as to whether Ivey had any prop bets on how long his marriage would last.

Ivey is a member of Team Full Tilt, a group that also includes poker pros like Howard Lederer, Andy Bloch, Erick Lindgren, Mike Matusow, and Jennifer Harman. He was the inaugural opponent on the NBC poker game show “Face the Ace” and seemed to strike up an accord with Maryland logger Darvin Moon at the final table of the 2009 WSOP Main Event.

PartyPoker Cash Machine Returns, Features Booster Bonus

In January, PartyPoker, one of the world’s longstanding online poker sites, returns the popular Cash Machine promotion. This time, hardcore grinders will earn additional cash as part of a Booster Bonus.

The Cash Machine promotion last ran during the month of September and shelled out a bevy of added funds to PartyPoker players. The promotion returns on January 4th and will run through the end of the month. All players have to do is earn 10 or more PartyPoints on at least 10 days during the 28-day period. Then, PartyPoker officials will take a look at the PartyPoint totals of the 10 highest-earning days and match the lowest one at the rate of $1 per point.

As an example, if a player’s 10 highest PartyPoint total days were 100, 100, 100, 150, 150, 150, 200, 200, 200, and 200, PartyPoker would award a $100 cash bonus, matching the lowest amount. The minimum payout is $10 and there is no maximum amount that PartyPoker will match. For those players who are unable to meet the $10 minimum, a generous consolation prize exists. Text found on PartyPoker’s website explains, “If you can achieve 10 qualifying days of one PartyPoint or more, but fail to earn the minimum cash reward, we’ll give you a seat in our $25,000 Cash Machine freeroll, which takes place at 15:00 ET on Wednesday, 3rd February.”

The Cash Machine Booster Bonus is available to players who earn at least 1,000 PartyPoints per day on 20 out of the 28 days of the promotion. Players who earn between 1,000 and 1,500 PartyPoints for 20 days will earn a $500 Booster Bonus. Players who rack up between 1,500 and 2,000 PartyPoints for 20 days will get a $1,100 Booster Bonus. Players who amass between 2,000 and 2,500 PartyPoints for 20 days will take home a $2,000 Booster Bonus. Players who earn between 2,500 and 3,000 PartyPoints will receive a $3,000 Booster Bonus and those able to surpass 3,000 PartyPoints for 20 days will nab a colossal $5,000 Booster Bonus.

The Cash Machine is an opt-in promotion and players can register for it at any time prior to its conclusion. Once they opt in, PartyPoker will credit players with all PartyPoints earned during the 28 days, regardless of when they sign up. Each qualifying day runs from 00:00 ET to 23:59 ET and days do not have to be consecutive in order to count. All funds earned will be dropped into players’ accounts within 48 hours of the Cash Machine promotion ending.

One day prior to the Cash Machine promotion kicking off, the PartyPoker Monthly Million will play out. The $640 buy-in tournament takes place on the first Sunday of every month and boasts a Championship blind structure. Players begin with 20,000 chips and blinds start at 25-50. The price of poker increases every 20 minutes and antes kick in at Level 6, when blinds are 250-500.

Qualifiers for the Monthly Million run constantly on PartyPoker. Popular ways to enter include a daily Monthly Million Qualifier, a $70 buy-in satellite with at least 19 seats on the line. A Mega Friday Satellite also takes place weekly, featuring a $55 buy-in and 20 seats guaranteed. On Saturdays, two qualifiers take place on PartyPoker offering a combined 18 seats. Country-specific freerolls and daily player point qualifiers also send players to the Monthly Million. Mark your calendars for Sunday, January 3rd, the next running of the Monthly Million.

According to the traffic ranking site PokerScout.com, PartyPoker is the fourth largest site worldwide, with a seven-day running average of 4,500 real money ring game players. It is the second largest not to accept players from the United States, trailing only the massive iPoker Network.

PartyPoker claims World Poker Tour Host and new Poker Hall of Fame inductee Mike Sexton as its ambassador and is currently qualifying players for the L.A. Poker Classic.

GigaMedia Announces Quarterly Reports, Details on Everest Poker Sale

Fresh off the announcement of its partial sale of Everest Poker earlier this month, GigaMedia announced its second and third quarter 2009 financial results. In addition, the company provided insight into the sale.

During a recent investors’ conference call, many of the major players in GigaMedia were present to offer information on the company's second and third quarter financial results. Most of the thoughts of those gathered were focused on the sale of 60% of Everest Poker, the popular online poker room that is currently the on-felt sponsor of the World Series of Poker (WSOP). Arthur Wang, Chief Executive Officer of GigaMedia, stated he was there to present the overview of “where the company is and where it is going,” but first stepped up to offer reasons for the sale of Everest Poker.

“About one year ago, we began a strategic review of this business unit, an evaluation of where the market was moving and where we were positioned in relation to such movements,” Wang stated. “We determined that, despite our rapid growth and position as the fourth largest poker site in the world, a strategic move was necessary.”

Wang then ticked off a list of reasons for the divesture of a majority ownership of Everest Poker to Mangas Gaming. He cited current trends in the regulation of online gaming in Europe, where individual nations are setting up their own regulatory rules, which Wang stated is “limiting player pools to single country players and requiring heavy in-country investments in infrastructure and personnel.” This type of regulation, Wang noted, challenges the ability of a company such as GigaMedia to run an operation that encompasses the entirety of Europe.

Wang next said that the necessity to have an all-purpose operation - to not just offer online poker, but also the full range of products such as a casino, sports book, and other gaming outlets - was another reason behind the sale. Mangas Gaming, through its majority ownership, will be able to provide those operations. Finally, Wang stated that the continued presence of “poker competitors operating illegally in the United States” and the hundreds of millions they earn continued to hamper those companies that operate exclusively in Europe.

With the discussion of the partial sale of Everest Poker to Mangas Gaming complete, the presentation of the second and third quarter 2009 fiscal reports was made. Quincy Tang, Chief Financial Officer of GigaMedia Limited, presented a report that showed a drop in performance over the second and third quarters of 2009.

The consolidated results of both quarters was “worse than expected,” according to Tang. “Second and third quarter revenues were $37.7 million and $37.2 million, respectively; second quarter net income of $128 thousand and third quarter net loss of $2.4 million,” he said. Some of the reasons for the decline were attributed to the continued global economic downturn and its effects on player spending and the competitive nature of the industry, including the challenges faced from those companies that accept American action.

The partial sale of Everest Poker to Mangas Gaming will give GigaMedia an influx of $100 million early in 2010. After the deal was announced, GigaMedia stock rose to $4.24 on the NASDAQ exchange, where it can be found under the acronym “GIGM.” At the close of business for the Christmas holiday, GigaMediastock was trading at just $3.18, near the bottom of its 52-week range.

Annie Duke Launches MyMixedNuts.com

Poker players looking for a last-minute present this Christmas season can check out MyMixedNuts.com, a custom, mail order trail mix company brought to life by Poker News Daily Guest Columnist and “Celebrity Apprentice” runner-up Annie Duke.

MyMixedNuts.com allows customers – poker players and non-poker players alike – to choose from a wide variety of fresh ingredients to create the ultimate bag of trail mix. Ingredients available in the “Seeds and Nuts” section of the site’s store include almonds, cashews, hazelnuts, macadamia nuts, peanuts, soy nuts, sunflower seeds, pistachios, pumpkin seeds, walnuts, and pecans. In the “Dry Goods” department, poker players craving foodstuffs like apples, apricots, bananas, blueberries, cherries, coconut, cranberries, dates, figs, ginger, goji berries, mango, orange peel, papaya, pineapple, and raisins will go home happy.

When Poker News Daily visited the site, we went straight to the “Goodies” section, where we could add “healthy” items like chocolate covered fruit, chocolate chips, malt balls, jelly beans, licorice, pretzels, M&Ms, Reese’s Pieces, and sesame seeds. Each trail mix ingredient varies in price and is measured by the ounce, ranging primarily between about $0.50 and $1.50. An easy-to-use front-end interface allows trail mix aficionados to create their ultimate concoction from the comfort of their couches.

A variety of pre-made mixes can be purchased for those who do not wish to create their own. “Annie’s Mix,” which includes raw cashews, raisins, semi-sweet chocolate chips, and banana chips, runs $12.99 for a 14-ounce bag, with $1 of every purchase going to Ante Up for Africa, a charity she founded along with actor Don Cheadle and Norman Epstein. Gummy fans can purchase a pre-made mix called “Gummy Delicious,” which contains sunny bears, dark chocolate chips, sour cherries, roasted and salted almonds, raw macadamia nuts, and golden raisins. This tasty treat will set you back $14.99. Sunny bears, by the way, are vegetarian and organic versions of the traditional junk food item.

Duke told Poker News Daily that when she used to purchase trail mix from the grocery store, she’d pick through it, tossing out components that did not sit well with her and leading to the idea to launch MyMixedNuts.com. Duke teamed up with “Apprentice” producer Ryan Simpkins and boyfriend Joe Reitman, with Simpkins’ mother handling the day-to-day operations of the site. Text found on MyMixedNuts.com explains, “You would understand that his mom must be supremely qualified to handle nutcases, so Annie and Joe were sold on the idea. Susan would handle each order with care and love.”

Free shipping is available for orders that surpass $40 and the site accepts PayPal, Visa, MasterCard, Discover, and American Express. It became a reality in recent days and will seek to make its mark on the made-to-order food world. Poker players looking for a memorable Christmas gift, New Years’ treat, or Valentine’s Day present can even get their loved ones a Mix of the Month Club subscription or a copy of the latest Land of Fruit and Nuts newsletter.

Duke is a sponsored pro of UB.com, joining top-tier names like 11-time World Series of Poker (WSOP) bracelet winner Phil Hellmuth, “Poker2Nite” host Joe Sebok, and 2009 CardPlayer Player of the Year winner Eric “basebaldy” Baldwin, who joined the site on Tuesday. UB.com happily accepts players from the United States and makes its home on the CEREUS Network along with its sister site, Absolute Poker.

Duke finished as the runner-up on “Celebrity Apprentice” to comedian Joan Rivers, who compared the poker pro to Hitler on several occasions. Nevertheless, Duke helped raise well over $700,000 for Refugees International and will now put her business acumen to good use with MyMixedNuts.com.

Happy Holidays from all of us at Poker News Daily.

Team PokerStars Online Announced

After 2,000 online poker players sent in applications to become members of Team PokerStars Online, the group’s 23 inaugural players were announced on Wednesday, just in time for the holidays.

Eighteen countries are represented among the 23 founding members of Team PokerStars Online. Those on the list include Steve Jacobs, known in online poker circles simply as “stevesbets.” The poker player is perhaps best known for winning the 2008 PokerStars World Championship of Online Poker (WCOOP) $25,000 buy-in Heads-Up event for a staggering $560,000. Also in the mix is Thomas “Boku87” Boekhoff, who was involved in a challenge of his own on the world’s largest online poker site to turn a $5 bankroll into $100,000. Boekhoff is one of the world’s premier grinders, but he’s also had success in the brick-and-mortar poker scene, including a 14th place at the European Poker Tour’s (EPT) Monte Carlo Grand Final in 2008.

Grayson “spacegravy” Physioc is another member of Team PokerStars Online. He’s a former winner of the site’s high-stakes $200 rebuy and recently finished as the runner-up in the PokerStars $10,000 Guaranteed for $11,000. Many will remember Nichoel Peppe from her deep run in the 2009 World Series of Poker (WSOP) Main Event, where she took 75th place for $69,000. Known in the online world as “NicP,” the favorite of ESPN’s Main Event coverage now takes per place among the team of PokerStars-backed online poker pros.

Anders “Donald” Berg finished 37th in the 2008 EPT Monte Carlo Grand Final and took down an event held as part of the Irish Winter Festival of Poker in 2005. In November, he won the PokerStars $100 rebuy for $26,000 and, one month prior, took down the site’s $50,000 Guaranteed for $15,000. Berg hails from Norway and is a veteran of the poker industry. You can find him roving the virtual felts of PokerStars as an online team member.

To say that Team PokerStars Online constitutes an eclectic group would be an understatement. Here are its inaugural members, listed alphabetically: Andres Alisievicz (lobojiji), Jorge Arias (JorgeArias), Boumaaza Bachir (Chiren80), Anders Berg (Donald), Alvaro Blanco (VARICO), Thomas Boekhoff (Boku87), Diego Brunelli (vgreen22), Andre Coimbra (acoimbra), Mathew Didlick (chipstar1), Ta-Chih Geeng (socutiesf), Andrew Goetsch (Kid Nebraska), Martha Gonzalez (marene), Keiran Harris (K_Man2307), Steve Jacobs (stevesbets), Randy Lew (nanonoko), Karlo Lopez (elmagopr), Alexey Makarov (LuckyGump), Kristian Martin (CharismA3), Grzegorz Mikielewicz (DaWarsaw), Nichoel Peppe (NicP), Grayson Physioc (spacegravy), Sebastien Sabic (Seb86), and Amanda Thomas (ROXY24).

A press release distributed by PokerStars on Wednesday reveals that Team PokerStars Online will receive new members in 2010. In addition, modifications to the software client’s lobby will allow easier location of PokerStars-sponsored pros when they hop online. A range of games and stakes are represented in the Team PokerStars Online roster.

This weekend, just two days after Christmas, PokerStars is hosting a Guinness World Record attempt for the largest online poker tournament in history. The standing mark is 65,000, set by PokerStars in July, and the site has upped the ante this time around. The record-setting $1 buy-in tournament will kick off at 14:45 ET on Sunday and feature $300,000 in the prize pool. The event will take on a turbo format and first place may see as much as $50,000 come their way for their $1 investment.

PokerStars is the world’s largest online poker site, with a seven-day running average of 28,400 real money ring game players, according to PokerScout.com. During its peak hours, which occur in the evening throughout North America, nearly 50,000 cash game players call the site home. PokerStars happily accepts real money wagers from the United States and is based in the Isle of Man.

Tiffany Michelle Breaks Down Survivor After-Party

UB.com pro Tiffany Michelle, who appeared on the 15th cycle of the CBS reality series “Amazing Race,” partied with the cast of “Survivor: Samoa” following the show’s season finale over the weekend.

The two-hour “Survivor” season finale and one-hour reunion show aired on Sunday night on CBS, the same network that carries “Amazing Race.” The episode featured three tribal councils, including the final one that saw Natalie White, Russell Hantz, and Mick Trimming plead their case for the $1 million first place prize in front of the nine-man jury. Ultimately, White emerged victorious. Michelle told Poker News Daily, “I learned all about the villain Russell. Was I surprised? I don’t know. I felt like there were so many good speeches at the final tribal council. I think [Erik Cardona’s] speech really hit home and I had a feeling that Natalie was probably going to win even though it’s hard to judge.”

White claimed seven of the nine jury votes and Hantz received the other two despite serving as the strategic mastermind of this season of “Survivor.” Hantz, however, won $100,000 from a fan vote and may compete on the upcoming “Heroes Versus Villains” cycle of “Survivor.” On Hantz’s strategy, Michelle noted, “From doing reality television, when $1 million is on the line, you get stuff done. When you have $1 million there for the taking, you’ll see how creative you can be. Russell will go down as being one of the fan favorites.”

Present at the “Survivor” viewing party with Michelle on Sunday night were “Amazing Race” teams Meghan and Cheyne, Sam and Dan, and Tammy and Victor, who won the show’s 14th season. The after-party took place at the Renaissance Hotel in Hollywood, with personalities from reality series like “Big Brother” and “The Bachelorette” in attendance. Michelle painted a picture of the scene at the California hotel: “Russell was pretty pissed. Once he got a few drinks in him, though, he was okay. I think he banked on winning. Shambo was getting down on the dance floor and so was Dave [Ball].” Michelle added that while “Survivor” contestants usually wind up disliking each other after each season ends, “Amazing Race” cast members become friends for life.

Michelle has come a long way since the days of the “French fry incident” during the 2008 World Series of Poker (WSOP) Main Event. Now a sponsored pro of UB.com, Michelle explained how the public’s perception of her has changed over the last year and a half: “It’s always flattering when someone comes up to you and says, ‘I love your race.’ I didn’t really do anything differently than just be myself. I’m getting used to it. Poker is a steppingstone to me being in the public eye and hopefully I got the bad stuff out of the way. Luckily, I’m getting a lot more love now.” Michelle was also a former reporter for PokerNews.com.

On Tuesday, Eric “basebaldy” Baldwin signed with UB.com, joining Michelle and others such as Annie Duke, Phil Hellmuth, Billy “Patrolman35” Kopp, and Adam “Roothlus” Levy. The crew filmed videos for the website in recent days and Michelle discussed the online poker site’s latest addition: “I like where UB is going with the new branding and doing something different than the other sites. It’s a bunch of guys and me and I really like the young vibe that they have. Some of these guys are well on their way to having really good poker careers. UB is tapping into the younger generation of poker players.” UB.com makes its home on the CEREUS Network alongside its sister site, Absolute Poker. Both accept players from the United States.

We’d like to extend a special thank you to Michelle for lending her insight for this article.

Chainsaw Massacres Bayou Poker Challenge

The Chainsaw outlasted 79 players to win a first place prize of $70,976 at Harrah’s New Orleans. Kessler also received a $10,000 seat to the 2010 WSOP Main Event.

Well-known for whining about bad beats and criticizing tournament structures, Kessler had nothing but good things to say about the Bayou Poker Challenge.

“I really like supporting these events,” he said. “These are great structures. It’s one of the best tournaments I’ve seen for this buy-in amount.”

The final table included Justin “Lockdowntex” Allen, the defending Bayou Poker Challenge champion, and consistent WSOPC player Ben “The Destroyer” Mintz, but no one could figure out a way to beat Kessler. Ed Corrado was the final player to fall as Kessler beat him heads-up for the Bayou title.

Kessler has been mainstay of the poker tournament circuit for the last decade and with this latest victory has amassed over $1.5 million in tournament earnings with notable wins on the World Series of Poker Circuit and the United States Poker Championship.

This is the fourth year Harrah's New Orleans has hosted the Bayou Poker Challenge, now one of the South’s largest and most successful tournament series. It has awarded over $8 million in prize money over the course of its existence.

This year, the Bayou Poker Challenge offered 15-events, including ladies and seniors tournaments.

Here are the complete final table payouts for the $3,000 buy-in 2009 Bayou Poker Challenge Championship:

1. Allen "Chainsaw" Kessler - $70,976
2. Ed Corrado - $44,360
3. Moutray McLaren - $28,279
4. Jim McBride - $19,262
5. Michael "Car Wash" Schneider - $16,080
6. Justin "Lockdowntex" Allen - $13,308
7. Ben "The Destroyer" Mintz - $11,090
8. Will "The Monkey" Souther - $9,426
9. Phil Hall - $8,317

Vanessa Rousso Appears on E! Network’s Bank of Hollywood

On Monday, E! Network will air the second installment of “Bank of Hollywood,” which kicks off at 9:00pm ET and runs for one hour. The show stars, among others, Team PokerStars Pro member Vanessa Rousso.

Rousso makes up one-fourth of the Power Panel, joining producer Aaron Spelling’s wife, Candy, Pussycat Dolls member Melody Thornton, and Wilhelmina Models founder Sean Patterson. A series of hopefuls appeared in front of the panel asking for money for a specific purpose. If they received a majority vote from the panel, they’d take home the cash. If not, they’d leave with nothing. Rousso wore no PokerStars paraphernalia during the show.

The first hopeful was Robert Terry, who sought $8,750 to represent the United States at the Tap Olympics in Germany. After performing a routine on the “Bank of Hollywood” sound stage, the panel quickly awarded him the requested funds. The next hopefuls were Michael and Stephanie, who requested $75,000 for their dream wedding. Rousso, who recently was hitched to Chad Brown, told the couple, “I too had that whole dream of wanting a nice big wedding. I didn’t have the time to plan it and we ended up eloping. During the eloping process, I learned that the whole big dream thing isn’t necessary” and promptly handed down a negative vote.

Debi Carideo asked for $31,997.50 to fund half of her daughter’s commercial pilot’s license, while coming up with the other half on her own. Rousso admired Carideo’s selflessness, explaining, “Two things are amazing. You offered to pay half of it yourself and you’re asking for someone else and not yourself.” The panel quickly learned that Carideo had been the victim of financial scams twice in her life and ultimately elected to approve her request for just over $30,000. As a caveat, they would write the check directly to a flight school.

Also appearing in front of the “Bank of Hollywood” Power Panel was Cheryl Martin, who wanted $84,000 for a chance to follow Madonna on her next world tour, purportedly giving back to each community along the way. The panel was quite skeptical of her cryptic request, with the PokerStars pro ultimately concluding, “I feel it’s disingenuous and I vote no.”

Timothy Wilcots sought $21,425 to compete in the Miss Gay USA At Large pageant. Rousso inquired as to why traveling to a pageant costs over $20,000, to which Wilcots responded that an evening gown, entry fees, and travel expenses for his team were to blame. Wilcots had been arrested and spent 18 months in jail. Despite the feel-good story, Rousso did not support his request: “I vote yes to you as a person, but I vote no to your request.” The panel agreed and Wilcots walked away disappointed.

Then, “Bank of Hollywood” took an emotional twist, as Spencer Mroz desired $93,750 for a swimming pool in his backyard. Mroz, in a wheelchair, told the panel, “When I’m in a swimming pool, I can actually walk. I can’t walk on land.” Mroz is retraining his body to walk again using aqua therapy and was the victim of a drunk driver. The panel and many in the audience broke into tears during the presentation and Rousso concluded, “If I had the opportunity to make this a great, momentous, positive day, then hell yes.”

Also appearing were Drew Pokorny and Jason Gadino. The latter, a professional balloon artist, wanted $15,000 to travel across the United States to children’s hospitals making balloon animals. Rousso had a rather festive balloon hat on her head and the entire panel gave Gadino the thumbs-up.

“Bank of Hollywood” airs on Monday nights at 9:00pm ET on E! Check your local listings for station and channel information.

Top Ten Poker Events of the Decade: Part 2

We’ve reviewed half of the top ten poker events of the soon-to-be-completed decade. Now, let’s take a look at the top five events that have shaped the game as we know it during the past ten years.

5. Taking America’s Game to the World

As the middle of the decade approached, poker, and more particularly tournament poker, was still primarily an American pastime. With the introduction of the European Poker Tour (EPT) in 2004, the rest of the world increased its awareness of the game. Like its predecessors in the United States in the World Series of Poker (WSOP) and World Poker Tour (WPT), the EPT brought the game to a new audience and further heightened the “poker boom.”

The EPT, developed by the online poker giant PokerStars, started small in 2004 with only seven events on its schedule. By the time it was in its fourth year, the EPT had grown to 11 tournaments with buy-ins that rivaled its brethren in the U.S. and had proved that a poker tournament schedule outside of the United States could be tremendously successful. It also led to the creation of many of the international tournament schedules that exist today, including the Asia Pacific Poker Tour (APPT), Latin American Poker Tour (LAPT), and Grosvenor U.K. Poker Tour (GUKPT).

4. Poker Faces its Strongest Challenge, the UIGEA

The steamroller that online poker had become would, in 2006, face its strongest challenge ever. Passed through the halls of Congress in the United States as a rider to a key port security bill, the Unlawful Internet Gambling Enforcement Act (UIGEA) threatened to kill the growth of online poker just as it was reaching its pinnacle. Since that time, the poker world has, at the minimum, reached a plateau.

While many inaccurately suggest that the UIGEA makes online poker illegal in the United States, the bill successfully scared many people who would either enter into the game or who had played it. It also had a significant effect on many poker tournaments in the United States; the WSOP Main Event has never returned to its peak numbers of 2006 and other poker tours have either seen a drop in the number of entrants or no growth.

3. Lights, Camera, Action… Poker Comes to Television

Turning on the television at the start of the decade to watch poker was literally impossible. The 2000 and 2001 WSOP Main Events were filmed as documentary-style broadcasts instead of an actual sporting event and appeared on the Discovery Channel. There were no other poker television broadcasts that could be found.

Perhaps sensing the coming wave, ESPN bought the rights to the television broadcasts of the WSOP and, in 2002, presented a more sports-friendly coverage of the tournament series. In 2003, ESPN expanded even further, covering preliminary events and dedicating extensive coverage to the Main Event. After the “Moneymaker Effect” of that year and the ensuing “poker boom,” ESPN has stuck with the WSOP and, in 2009, signed an extension of its broadcast contract with Harrah’s that ensures the WSOP will be on ESPN airwaves well into the next decade.

Add into the mix the wealth of celebrity poker shows, the debut of “High Stakes Poker” on GSN, and network television’s continued dalliance with the game and there is now poker on the “idiot box” at all hours of the day.

2. World Poker Tour Comes into Existence

In 2002, the entrepreneurial minds of Steve Lipscomb and Lyle Berman convinced the Travel Channel to sign on to an innovative idea of a worldwide poker tour, much like what professional golf has. Their creation, the WPT, took viewers to exotic locales that people might never have a chance to experience. In coordination with these picturesque areas, the broadcast of high-stakes poker tournaments captivated audiences. When it hit the airwaves, the WPT forever changed what had once been the exclusive world of high-stakes gambling.

In the eight years since it first was broadcast, the WPT has not only made poker players household names, but also created the first exposure to poker that many people had experienced. The WPT has also created many new millionaires from previously unknown poker players and pointedly exposed the strategy of the game through the innovative “hole card” camera. Without the creation of the camera, it is entirely likely that the WPT would have never seen the light of day.

1. The Birth of Online Poker

In 2000, there were literally only a handful of poker rooms in existence and, with a few exceptions, none of them made an impact on the world of poker. As more poker rooms opened, more people became accepting of a virtual “poker world.” As internet connections became more reliable, the online poker world was the major impetus for many to enter into any involvement with the sport.

As of 2009, there are hundreds of online poker rooms with tentacles that reach every corner of the globe. Poker enthusiasts can now hook into the internet and play with millions of like-minded people at any time, day or night. Add into the online poker room explosion the wealth of poker training sites, forums, and news outlets and it is easy to see that, without the internet and online poker, we may never have seen the renaissance in the first decade of the 21st century.

Party Gaming 2009 Revenue in Line with Management Expectations

In a trading update released to the London Stock Exchange on Friday, Party Gaming, the parent company of PartyPoker, announced that its revenue was in line with Board expectations, while Clean EBITDA would likely surpass estimates.

Party Gaming is now anxiously awaiting legislative developments in three key markets: France, Italy, and the United States. On the latter country, which has been effectively shut off for the publicly traded company since 2006, the statement released by Party Gaming concludes, “Combining the strength of the PartyPoker brand with the trade and assets of the World Poker Tour that we acquired in November 2009, we believe we are well-positioned should the U.S. government elect to regulate online poker.”

As it stands now in the United States, the primary hope for legalization and regulation of the game is Congressman Barney Frank’s (D-MA) Internet Gambling Regulation, Consumer Protection, and Enforcement Act, HR 2267. The measure outlines a framework whereby licensed online gaming companies can solicit real money action from U.S. customers. A companion bill introduced by Congressman Jim McDermott (D-WA), HR 2268, taxes companies 2% of deposits and could raise as much as $40 billion in revenue over a ten-year period. HR 2267 boasts 63 co-sponsors, while HR 2268 has four.

Party Gaming’s attention seems to be focused squarely on poker given its recent acquisition of the World Poker Tour (WPT), a longtime industry staple. Party Gaming CEO Jim Ryan commented, "Returning poker to growth has been a key focus for us. We are pleased to see that the initiatives introduced throughout the year are now feeding through into both operational and financial performance with increased player numbers and average net daily revenues versus the previous quarter, despite continued competition from illegal U.S.-facing sites and the difficult macroeconomic climate.”

PartyPoker introduced its Monthly Million poker tournament earlier this year, a $640 buy-in event held on the first Sunday of every month. In December, PartyPoker member “ireadursoul” took down the Monthly Million to the tune of $200,000.

Also announced in Friday’s trading update was that Party Gaming had taken out a £35 million three-year loan to be applied towards mergers and acquisitions. Discussion of a possible merger between Party Gaming and bwin has dominated poker news headlines this week, although the company has not confirmed that any deal is imminent. bwin is also a publicly traded company and can be found on the Vienna Stock Exchange.

Shares of Party Gaming closed the week trading at 254 pence in London, down 4.6 pence on the day, or 1.8%. In the beginning of November, shares of Party Gaming’s stock (PRTY) had sunk as low as 214 pence before rebounding. In January, amid the worldwide economic doom and gloom, Party Gaming was fetching a lowly 157 pence a share.

Also helping to keep revenues afloat in recent months has been Party Gaming’s Bingo and Casino arms. PartyBingo’s business was boosted by the acquisition of Cashcade back in July, while a $5 million jackpot payout in the casino earlier this month drew a considerable amount of attention.

Ryan remained optimistic that a strong 2010 would be in store for the company’s investors: "Despite the challenges presented by the prevailing macroeconomic environment, we have not been distracted from the execution of our strategic plan. With the prospect of a number of new and large regulated markets in front of us, an expanding portfolio of B2B customers, and a return to growth in our core business, we remain confident about the Group's prospects."

Read the entire Party Gaming Trading Statement to the London Stock Exchange.

Nguyen on Winning

But it’s more than money that motivates him.

“It’s not the money,” he told PokerListings. “When you win tournaments, fame and money come with it. For me it’s so important to bring home the title. You want to show the world you still have it, you can come out and compete.”

Competing is exactly what Nguyen has done this week at the WPT Doyle Brunson Five Diamond World Poker Classic.

From a field filled with 329 of the biggest names in poker, just 16 players are still in the hunt for an almost $1.5 million first-place prize headed into Day 5 Friday.

Nguyen was among the leaders before a late fall from grace that has him short stacked.

However, he still retains a shot at making the final table and booking the win.

Nguyen’s $10,705,581 in career earnings has him sixth on poker’s all-time money winners’ list and a win at Bellagio this week would push him up to fourth all-time above Phil Hellmuth and only below Daniel Negreanu, Phil Ivey and 2006 Main Event champion Jamie Gold.

Nguyen has five World Series of Poker bracelets and this past April he finished sixth at the WPT Championship, marking his sixth WPT final table.

However, the 1998 WSOP Main Event champion still feels like he has to fight for respect.

“I get older and people lose respect,” the 48-year-old Las Vegas resident said. “They say I don’t have my game no more, I’m scared. All those young guns, 21 or 22 years old, they have big hearts, but Scotty has a bigger one, baby.

“They got nothing to lose. They’re bluffing you, they try to embarrass you and laugh at you. They say I’m too old and I should retire, but I don’t let that bother me. I let my game show them, baby. You can laugh all you want, but I am the one laughing all the way to the bank.”

Things haven’t always been roses for Nguyen. There was public scorn over a rather embarrassing finish to the 2008 WSOP $50k H.O.R.S.E. event where he has admitted his emotions and alcohol got the best of him.

Plus, like all poker players, he’s had downswings and periods when it felt like he would never win again.

But the man they call the Prince of Poker, who fled his native Vietnam in 1978 for the United States, says it’s the tough times that have made him a better poker player, and a better person.

“When you hit hard times and things don’t go your way, it can only make you become stronger,” he explained. “When my back is against the wall and I look around and say ‘what am I doing, I can’t win, what happened to me?’ I just rewind and think about what I’ve been doing wrong and know that I have to change it.

“Hard times, that’s what you learn from.”

When the cards hit the air at Bellagio Friday at 12 p.m. PT and the play down to the final six commences, Nguyen will have just one thing on his mind – Winning.

“I’ve seen it all in poker: Good times, bad times, happiness, sadness,” he said. “I just want to let everybody know, Scotty still has it. I have to go out there and show them. Not just talk about, anybody can say it, I want to show the people.

“I just have to trust myself and go out there and show it.”

To follow Nguyen and all the action from the WPT Doyle Brunson Five Diamond World Poker Classic, tune into PokerListings’ Live Updates.

CNBC Investigates Illegal Gambling, Online Poker

A one-hour CNBC program entitled “The Big Business of Illegal Gambling” aired on Wednesday night, featuring discussion of “illegal” land- and internet-based operations. “The Call” anchor Melissa Francis hosted.

The show began with Francis telling viewers, “The same computer used to connect with work or friends can be used to wager outside the law.” In 2005, when the Chicago White Sox won baseball’s World Series, a man simply named “Vegas Runner” bet $4,000 on 50:1 odds that the team would take down the sport’s most coveted title. He told CNBC cameras, “It’s a gray line. Sports betting is the one topic no one wants to talk about, but everybody does it.”

R.J. Bell, founder of PreGame.com, told CNBC that just 1% of wagering on sports comes from Las Vegas, meaning that the other 99% is purportedly illegal. Meanwhile, a man known solely as “Paul,” whose face was not shown on camera, runs his own online sports betting website in Nevada as part of a conglomerate based in Costa Rica. He revealed that he makes between $80,000 and $100,000 per year and that collecting on bets is the most difficult part of the job.

CNBC’s attention then turned to the Chicago Mob, including Nick Sarillo, whose van was blown up because of illegal gambling, but he survived. Francis narrated, “Illegal gambling is the Mob’s number one moneymaker, the grease that keeps the wheels turning.” Meanwhile, Scott Damiani, the Executive Director of the Outreach Foundation, relayed his tale of excessive gambling, eventually losing his house and business. Upon owing members of a football league $50,000 at the end of 1994, Damiani attempted to drive his car off of a bridge, but hit a guardrail and was unsuccessful.

Attention then turned to Jay Cohen, the first American prosecuted for running an online bookmaking operation under the Wire Act of 1961. From his home in Antigua, Cohen told CNBC cameras, “We didn’t feel we were doing anything illegal. We were not hiding from anyone. We were using our real names and operating in plain daylight.” The site in question, World Sports Exchange, booked more than $200 million in wagers at its peak and received favorable press in publications like the Wall Street Journal and Washington Post.

In 1998, the U.S. Attorney’s Office indicted Cohen, who faced up to five years in prison. Cohen voluntarily traveled to the United States to fight his case, claiming that the Wire Act did not apply to the internet. However, a jury disagreed and he found himself behind bars for 21 months.

Upon passage of the Unlawful Internet Gambling Enforcement Act (UIGEA) in 2006, Antigua lodged a complaint with the World Trade Organization (WTO) alleging unfair gaming practices by the United States. The tiny island nation was successful, but the U.S. ignored the decision. Cohen remarked, “The last administration was so intellectually dishonest about all of this that even when Antigua won, they put out press releases claiming victory.”

Attention then turned to the cheating scandals at the online poker sites Ultimate Bet and Absolute Poker. Todd “Dan Druff” Witteles, who appeared on the CBS news program “60 Minutes” in November of 2008, discussed his encounter with “Graycat” on Absolute Poker: “This was someone who seemed that he had no clue what he was doing. He was playing all the wrong strategy to be able to win.” Then, David Paredes battled “NioNio” on the virtual felts of Ultimate Bet, telling CNBC, “This player was playing a wide variety of hands. It’s so hard to play profitably playing so many hands.”

CNBC claimed that UB.com was “operating in violation of U.S. law” and then the COO of the site’s parent company, Paul Leggett, explained who Russ Hamilton was. Hamilton declined to talk to CNBC despite being fingered as the main person responsible for the multi-million dollar cheating scandal on Ultimate Bet. The now-infamous RawVegas.tv footage of Hamilton leaving a Las Vegas golf course also aired. To date, no one has been prosecuted in either cheating incident.

Finally, two Congressmen took to the airwaves, Jim McDermott (D-WA) and Bob Goodlatte (R-VA). McDermott candidly explained, “Usually, when we talk about putting a tax on people, we get all kinds of [pushback]. They’re saying, ‘Legalize it, please, and tax it.’” Goodlatte, one of the brains behind the UIGEA, evaluated the law: “It certainly hasn’t eliminated all internet gambling by any means, but surveys that I’ve seen indicate that fewer than half as many online gambling operators are offering their services in the U.S. than before this law was passed.”

Recognized in the credits were a variety of industry veterans, including World Series of Poker Media Director Nolan Dalla, Poker Players Alliance Executive Director John Pappas, Sue Schneider, and iGamingNews.com.

Truly Free Poker Training Catching Fire as 2009 Comes to a Close

As 2009 comes to a close, the online poker tournament fields around the Web continue to become tougher with Truly Free Poker Training from CardRunners and StoxPoker. The program was launched earlier this year in conjunction with Full Tilt Poker.

After players enroll in Truly Free Poker Training, their Full Tilt Points (FTPs) will be tallied at the end of every month. A total of 5,500 FTPs are required for a one-month membership to CardRunners and 3,000 are needed to receive a one-month subscription to StoxPoker. For 8,500 FTPs, Full Tilt Poker customers can receive one month of poker training on each site. FTPs aren’t deducted from a player’s account; they are merely a way to ensure that customers keep coming back to the world’s second largest online poker site.

Free poker training from CardRunners and StoxPoker is actually doled out in weekly increments, with 750 FTPs required for one week of StoxPoker and 1,375 needed for a week of CardRunners. The latter’s Director of Marketing, Lana Maier, told Poker News Daily, “There are no diplomas in poker and you might as well light a bonfire with your money if you stop improving. Members of CardRunners and StoxPoker understand this and thousands of them enjoy complimentary poker training simply by playing at Full Tilt Poker. It costs no points and takes two minutes to sign up. There is no easier or more cost-effective way to stay on top of the games running today.”

Truly Free Poker Training does not affect rakeback on Full Tilt in any way and players can begin receiving their education the month after they’ve earned the requisite number of points. The total number of points a player has is displayed when customers of the site log into CardRunners or StoxPoker. Full Tilt Poker happily accepts players from the United States.

A dozen CardRunners instructors are members of Team Full Tilt, including Taylor “Green Plastic” Caby, Brian Hastings, and Brian Townsend. Hastings was the recent winner of more than $4 million at the expense of Swedish online poker player Isildur1. All told, according to Poker Table Ratings, Hastings has amassed $3.8 million from the mystery Swede in just 8,400 hands, an average of $450 per pot. Hastings has quickly emerged as one of the top high-stakes pros after his domination of Isildur1. In addition to Hastings, CardRunners instructors Townsend, Cole "CTS" South, and Haseeb "INTERNETPOKERS" Qureshi have all battled against the Swede on Full Tilt.

Other CardRunners instructors include Isaac “westmenloAA” Baron and Ryan “Daut44” Daut. Baron has taken down the Full Tilt $750,000 Guaranteed and PokerStars $100 rebuy during his poker career. In April, he emerged victorious from the field in a $55 rebuy held during the PokerStars Spring Championship of Online Poker (SCOOP) for $97,000. Daut won the 2007 PokerStars Caribbean Adventure for $1.5 million, defeating Isaac Haxton heads-up. He also final tabled that year’s Doyle Brunson Five Diamond World Poker Classic, a stop on the World Poker Tour (WPT).

In September of 2008, CardRunners and StoxPoker merged, creating one of the largest poker training conglomerates in the industry. Six months earlier, CardRunners instructors officially joined Team Full Tilt. In January of this year, Truly Free Poker Training was launched, with a CardRunners representative telling Poker News Daily at the time, “We’re always looking to give something back to our community. Our relationship with Full Tilt Poker made this possible. We approached Full Tilt Poker and said we should try to structure an arrangement whereby if a player is high-volume, then we can give them something for free like a CardRunners membership.”

Full Tilt Poker is the second largest site in the world, boasting a seven-day running average of 19,200 real money ring game players, according to PokerScout.com. During its peak hours, around 30,000 cash game players call the site home, giving Truly Free Poker Training customers ample ways to accrue FTPs.

CNBC Illegal Gambling Feature to Air on Wednesday

On Wednesday night at 9:00pm ET, CNBC will air a one-hour exposé entitled, “The Big Business of Illegal Gambling.” The report from CNBC’s Melissa Francis will put the multi-billion dollar industry into focus and include a segment on internet gambling.

Wednesday’s show marks one of the most high-profile television programs about internet gambling since “60 Minutes” aired a feature on the cheating scandals at the online poker rooms Ultimate Bet and Absolute Poker one year ago. According to a preview found on CNBC’s website, the show will “take viewers inside this high-stakes business that brings some people immense wealth, while others pay the ultimate price.” Francis is co-anchor of the CNBC show “The Call,” which airs for one hour beginning at 11:00am ET during the week.

The CNBC description begins, “The one-hour program delivers an in-depth look at just how mainstream illegal gambling has become.” Francis will speak with a bevy of industry representatives, including a bookmaker simply named “Paul” and a professional gambler named "Vegas Runner." Among those CNBC will speak to with a first and last name is Nick Sarillo, whom the show describes as “a restaurant owner who freelances as a bookie [and] crosses the Mob and pays a heavy price.” These three will likely be offline gamblers.

Then, Francis and company will explore the world of internet gambling. The preview of the CNBC special explains, “Technology has made illegal gambling much more accessible and the same computer used for work or to connect with family and friends can also be used to wager outside the law.” Among those to be interviewed is Jay Cohen, the co-founder of the World Sports Exchange who was found guilty of violating the Wire Act of 1961. He was sentenced to 21 months in jail and fined $5,000; World Sports Exchange boasted revenues of $200 million and he was freed in 2004.

Also featured is Scott Damiani, the Executive Director of the Outreach Foundation. The show’s website explains, “Illegal gambling costs Scott Damiani is home, business family... and almost cost him his life. After hitting rock bottom, he picked his life back up and now devotes his time to helping other gambling addicts as the Executive Director of the Outreach Foundation.”

Poker News Daily has also learned that Tokwiro Chief Operating Officer Paul Leggett filmed an interview for the CNBC program. The two Tokwiro-owned online poker rooms, Ultimate Bet and Absolute Poker, were at the heart of a ten-minute feature by the CBS news program “60 Minutes” over Thanksgiving weekend in 2008. The report questioned why no one had been prosecuted in the case and ended with segment reporter Steve Kroft calling Russ Hamilton’s home in Las Vegas. Hamilton, who won the 1994 World Series of Poker (WSOP) Main Event, was fingered as the main man responsible in the Ultimate Bet cheating scandal. To date, no one has been convicted.

Finally, Francis will dive into a high-spirited internet gambling debate featuring Congressmen Jim McDermott (D-WA) and Bob Goodlatte (R-VA). Online poker players can thank the latter for helping to bring the Unlawful Internet Gambling Enforcement Act (UIGEA) to life back in 2006. McDermott, meanwhile, has authored legislation seeking to extract 2% of deposits from licensed internet gambling companies in the United States under legislation proposed by Congressman Barney Frank (D-MA). Curiously, Frank’s name does not appear on the preview for the CNBC program despite being legalized internet gambling’s number one proponent on Capitol Hill. Also absent is the Poker Players Alliance (PPA), the industry’s main lobbying group.

Poker News Daily will have a recap of the show after it airs on Wednesday night. Video clips, slideshows, and even an illegal gambling quiz can be found on CNBC’s website.

Top Ten Poker Events of the Decade: Part 1

As 2009 prepares to fade into the pages of history, it will also close the doors on a decade that has been like no other for the sport of poker.

When the Third Millennium began a short ten years ago, poker could arguably be said to be on life support. A poker room in a casino was hard to find, there was only one prominent tournament schedule on the poker professional’s calendar, and the game had no place in the media. Poker was reviled as a pursuit of degenerate gamblers; those considered to be the best at the game had very little attention paid to them.

A decade later, the situation has completely reversed itself. Even the smallest casino, wherever it may be in the world, has a poker room. Bookstores have dedicated sections to house their wares of poker books and poker programming airs daily on television. Instead of just one tournament schedule, there are several offerings that require players to choose which one to participate in. Finally, poker pros are respected as adventuresome mavericks whose abilities, education, and intelligence are critical to their success.

With this in mind, Poker News Daily decided to look back at the last decade in an attempt to figure out what were the catalysts for such a return to prominence and what nearly derailed it.

10. Poker Rooms Make a Comeback

At the start of the 21st century, casinos across the United States didn’t consider poker to be a moneymaker for their operations. With that in mind, poker rooms were closed and slot machines began to invade their territory.

By the end of the decade, poker rooms, which had been near extinction only ten years earlier, obtained a greater prominence than they ever had in a casino. The live poker room should continue to be a staple of the casino world in the future.

9. Ultimate Bet and Absolute Poker Superuser Scandals

The ugly head of corruption and scandal arose when two of the most popular online poker rooms in the industry, Ultimate Bet and Absolute Poker, succumbed to “superuser” cheating rings. These cheating scandals allowed players to see their opponents’ hole cards, making it impossible to lose a hand. These rings - the Ultimate Bet group, which was allegedly led by former World Champion Russ Hamilton, and the Absolute Poker team allegedly led by former employees Scott Tom and A. J. Green - took millions of dollars off of unsuspecting players and gave ammunition to anti-poker zealots in the war against the game.

After outrage from the online poker community, both organizations made financial amends to those affected, but didn’t prosecute anyone for the operation of either scam. Today, the two sites are part of the same network and have seemingly recovered some of their former respect (including the recent certification from eCOGRA, the online gaming watchdog). Still, the scandal could have had a devastating effect on the online game and it has cast doubt as to the legitimacy of online poker, much like the Mississippi riverboat games of centuries ago almost stopped poker from becoming what it is today.

8. Amateurs Dominate WSOP Main Event

Throughout its early history, poker, and in particular the World Series of Poker (WSOP), it was the bastion of professional rounders willing to live life on the edge, to take thousands of dollars out of their own pockets and risk that they were the greatest poker player in the world. With the advent of satellites and online poker, where a player could get into a tournament for a significantly smaller fee, amateur poker players began to take a shot at the upper echelons of the game.

Since 2002, an amateur or previously unknown player has won the $10,000 Main Event at the WSOP and been crowned World Champion. Some, such as Jerry Yang and Jamie Gold, have stayed on the peripheral of the poker world and have arguably not done much since their victories. Others, such as Greg Raymer, Joe Hachem, and Chris Moneymaker, have continued to be at the forefront of the game, advocating in political circles for the regulation of online poker as respected professionals in their own right. Whether they have experience or not, amateurs have become a part of the WSOP.

7. New Blood Infuses the Game

All forms of business need an infusion of new customers to continue to drive their endeavors. Poker is no different. For some time, older players, mostly men, populated the game and the required influx of “new blood” was seemingly missing. Through the development of online poker, new players, both male and female, have made their marks.

In what was perhaps the most stunning tournament win of the decade, Annette “Annette_15” Obrestad’s victory at the inaugural WSOP Europe Main Event made her the youngest player to win a major championship and demonstrated that the youth movement in poker had arrived. In the last two WSOP Main Events, Phil Hellmuth’s longstanding record as the youngest ever champion has been eclipsed twice. As we look at the next decade, young players will continue to make their names in an arena that previously had been dominated by the “Old Guard” of the game.

6. Twice is Nice – Dan Harrington, Mike Matusow, and Jeff Shulman

With the growth of the WSOP Main Event, the odds of a player repeating as champion, as Johnny Chan did in 1987 and 1988, are nearly infinitesimal. The feat of making two final tables is nearly as difficult, but three men - Dan Harrington, Mike Matusow, and Jeff Shulman - managed to pull off the feat. While none won the tournament, the ability to make two final tables during the decade, against such sizeable fields, is definitely a significant achievement.

Harrington’s feat is arguably the best of the three players. Battling through, at the time, the two largest WSOP Main Event fields ever, the 1995 champion nearly captured his second title in consecutive years (2003 and 2004). Matusow announced his presence on the game with his first final table in 2001 and marked his resurrection as a poker player by returning in 2005. Shulman finished seventh in 2000 and came back in 2009 with a fifth place finish.

Bwin Downplays Party Gaming Merger Talks

Party Gaming and Austria-based gambling group Bwin are allegedly involved in merger discussions, according to stories published in The Times and Sunday Times over the weekend. The move would potentially create a £2 billion online poker, casino, and sports betting company.

Shares of Party Gaming and Bwin jumped 2.5% and 4.1%, respectively, on Monday morning after the reports broke. Both companies have similar market value; Party Gaming is worth £1.1 billion, while Bwin is valued at about €1.3 billion.

Party Gaming and Bwin have refused to confirm the story, according eGaming Review. Bwin, Europe's biggest sports betting provider, said it wanted to take part in sector consolidation, but added that it is in talks with everyone in the industry on an ongoing basis and was not in advanced talks with Party Gaming. The Austrian group also told Reuters that it is not in advanced merger talks with anyone.

Party Gaming, meanwhile, has been looking for a major sports betting platform for years despite acquiring Gamebookers in 2006 for £102 million. The company has openly stated its determination to hunt for a bigger target in order to become a leading sports book operator and complement its online poker, casino and bingo platforms.

James Hollins at brokerage Daniel Stewart said a Bwin-Party Gaming merger would be “exceptionally strategically compelling," adding, "the combined groups' poker operations would drive clear scale economies and liquidity to compete squarely against the U.S.-facing giants of PokerStars and Full Tilt.”

Analyst Nick Batram at KBC Hunt is confident that a large deal is in the near future: "There was lots of press comment over the weekend suggesting that Bwin and Party Gaming have held informal merger talks. This doesn't come as a surprise, as online groups frequently talk informally. However, we believe that the recent sector consolidation will gain momentum through 2010 and it is only a matter of time before we see further sizable deals."

Party Gaming has been busy in deal making talks as several countries are in the process of regulating online gambling, most importantly the United States. In November, Party Gaming purchased the World Poker Tour (WPT), with many believing the company was attempting to set itself up for a return to the U.S market. Party Gaming’s Chief Marketing Officer, Chris Welch, later verified that idea: “This is the first step toward us returning to the United States."

WPT announcer and PartyPoker spokesperson Mike Sexton agreed, saying, “We all think [the Unlawful Internet Gambling Enforcement Act is going to be reversed] at some point. It’s just a matter of when. I’m convinced we’re going to see another poker explosion like we saw six years ago. It’ll be second to none.”

Party Gaming was reportedly involved in buyout talks with GigaMedia Limited earlier this year, but nothing developed. GigaMedia is the company behind the online poker site Everest Poker. Party Gaming purchased Cashcade, owner of the Foxy Bingo website, in July to enhance its own online bingo site, PartyBingo.

2009 World Poker Tour Year in Review

For the World Poker Tour (WPT), 2009 was a year of incredible highs, but the organization was also faced with issues away from the felt that had to be overcome for the company to remain viable in other arenas.

Without a doubt, the biggest news of 2009 for the WPT was the sale of the popular poker tour. In what turned out to be a frenetic bidding war, WPTE, the tour’s parent company, received an offer in August from Gamynia Limited for around $9 million. Officials from the WPT’s parent company accepted the offer from Gamynia, but the battle was just beginning. A second offer from Party Gaming, which upped the ante to $12.3 million, eclipsed Gamynia and made it appear that the former online gaming giant would be the one to take over ownership of the WPT. As a part of this deal, there a $1 million cash advance would allow WPT to opt out of its deal with Gamynia.

As the deal with Party Gaming was moving towards completion, a third bid for the WPT came to light. As stockholders prepared to approve the agreed upon sale to Party Gaming in October, Mandalay Entertainment (not a part of the Mandalay Bay hotel ownership) stunned the poker world by issuing a bid for the WPT to the tune of $36.5 million. After reviewing the respective bids, the stockholders bypassed the Mandalay Entertainment offer and approved the sale of the WPT to Party Gaming. As of the end of 2009, it isn’t known how Party Gaming will utilize its ownership of the WPT.

In news away from the felt, the WPT was looking for an outlet to continue to air its popular tournament schedule. The one-year deal with Fox Sports Net was renegotiated in February and ensured that the WPT would continue to be on television for Season 8. In addition to the deal with Fox Sports Net, the WPT was also able to bring on Full Tilt Poker as a major sponsor of its broadcasts, marking the first time that the tour had aligned itself directly with an online poker room. Previously, sites had been sponsors of individual stops on the WPT, but never the entirety of the tour itself.

At the start of 2009, WPTE was facing a de-listing from the NASDAQ Stock Exchange in New York because its shares were not trading above the required $1 level. WPTE was given an extension due to the travails of the financial world in late 2008 and, by the middle of 2009, it had returned its stock to the required levels to maintain the seat on the NASDAQ. It was officially removed upon the sale to Party Gaming.

On the tables, the WPT continued to provide quality events, albeit with a drop in actual tournament attendance. Numbers for WPT events were down as much as 25%, but this was attributed to the global economic recession for the most part. The smaller numbers ensured that there were quality fields that took part in each stop of the WPT through the end of Season 7 and the beginning of Season 8.

Veterans of the poker world such as Freddy Deeb (WPT Invitational), Steve Brecher (Bay 101 Shooting Star), and Vadim Trincher (Foxwoods Poker Classic), all earned championships as Season 7 began to wind down. In April, the WPT Championship crowned up and coming poker superstar Yevgeniy “Jovial Gent” Timoshenko as its latest winner and also bestowed the title of WPT Player of the Year to Bertrand “ElkY” Grospellier.

After taking its traditional summer break, the WPT came back for Season Eight, with players such as Alexandre Gomes (Bellagio Cup) and Prahlad Friedman (Legends of Poker) taking down titles. After a stirring run at the 2009 World Series of Poker (WSOP) Main Event, Tommy Vedes demonstrated why he is considered to be one of the most underrated players in the game when he captured the title at the Festa al Lago in October. In perhaps the best calendar year run on the WPT, Cornel Andrew Cimpan claimed two WPT titles, the L.A. Poker Classic during Season 7 in February and the Foxwoods World Poker Finals during Season 8 in November.

Finally, the WPT put the “World” back into its moniker by hosting several tournaments in Europe. WPT Europe crossed the continent, ranging from such traditional gaming areas as Barcelona and Venice to exotic locales like Cyprus and Marrakech. These tournaments were warmly received, with strong European contingents filling out the fields alongside many of the best in poker from the United States.

With the new ownership of Party Gaming in its pocket, the future for the WPT is definitely bright.

PokerStars Launches Team Pro Tuesdays

This week marks the second installment of Team Pro Tuesdays on PokerStars, the world’s largest online poker site. Every Tuesday through December 29th, PokerStars sponsored pros will be hitting the virtual felts in earnest.

Team PokerStars Pro includes the reigning champion of the World Series of Poker (WSOP) Main Event, Joe Cada, who became the youngest winner ever of the $10,000 buy-in tournament in November. Cada shattered fellow Team PokerStars Pro member Peter Eastgate’s standing record by a full year, as the site boasts the last two WSOP Main Event champions. Chris Moneymaker, widely considered to be the man responsible for starting the modern poker boom, is also a card-carrying member of Team PokerStars Pro. Moneymaker took down the feature tournament in 2003 as a little-known accountant from Tennessee, defeating established pro Sammy Farha heads-up.

In 2004, Greg Raymer became poker’s newest star and Aussie Joe Hachem followed in 2005. Both are now sponsored by PokerStars and are benevolent ambassadors for the game. Text found on PokerStars’ website explains what players can expect as part of Team Pro Tuesdays: “On this day every week, scores of our pro players will be logging on and playing at the tables, covering everything from cash games to tournaments across a wide range of games and buy-in levels. You’ll be able to watch your favorite players in action and talk to them from the rail.”

PokerStars pros will take to the felts during two separate time blocks each Tuesday, from 12:00 to 15:00 ET and again from 19:00 to 22:00 ET. In order to figure out which pros are online, visit the “Team Pro” link at the bottom of the PokerStars lobby. You can also click “Requests” on the top menu bar and then hit “Find a Team PokerStars Player.” The concept of playing with the pros is similar to the main marketing message of rival online poker site Full Tilt, whose stable of players includes Howard Lederer, Gus Hansen, and Tom “durrrr” Dwan, the newest member of the team.

In addition to being able to play with pros in cash games, PokerStars is running a pair of Outlast the Pro tournaments. The first installment takes place at 13:00 ET on Tuesdays, while the second running issues its “Shuffle up and deal” command at 20:00 ET. Each tournament has a buy-in of $11 along with $1,000 in cash added to the prize pool. Players who remain in each tournament longer than every single one of the pros in the field will divvy up the $1,000 in added funds. For example, if Cada were the last pro standing and knocked out in 83rd place, the remaining players would each pocket $12.20, or $1,000 split 82 ways. The Outlast the Pro tournaments can be found by visiting “Tourney” and then “All” in the PokerStars lobby.

Other members of Team PokerStars Pro include “PokerStars.net Million Dollar Challenge” front man Daniel Negreanu, Bertrand “Elky” Grospellier, and Humberto Brenes. Its roster also includes top female pros like GoDaddy Girl Vanessa Rousso, Vicky Coren, Barry Greenstein, Chad Brown, Gavin Griffin, and Maridu Mayrinck, who was featured in this year’s WSOP Main Event coverage on cable station ESPN.

According to PokerScout.com, which keeps tabs on online poker room traffic, PokerStars is the largest site worldwide with a seven-day running average of 28,600 real money ring game players. During its peak hours, well over 40,000 cash game aficionados call the site home. It happily accepts customers from the United States.

Andreas Oscarsson Murder May Be the Result of Extortion Attempt

A 44 year-old man linked to the Swedish version of the Hells Angels accused of “aggravated extortion” may be involved in the murder of PokerListings.com founder Andreas Oscarsson, according to several Swedish news outlets.

In August, Oscarsson was found dead in his Swedish home after taking a trip to the European country with his son. According to Poker.se, “Oscarsson was one of those people who was scheduled to testify in a trial in Stockholm a few weeks.” Purportedly, the Hells Angels member became involved after parties may have attempted to extract $2 million from Oscarsson.

In 2003, Oscarsson sold PokerListings.com to a Swedish company and when that group tried to sell, it found that its value was less following the passage of the Unlawful Internet Gambling Enforcement Act (UIGEA) in the United States in 2006. Then, extortion allegedly occurred, whereby individuals who may or may not have been associated with the company attempted to recoup some of the lost revenue at the expense of Oscarsson. Stefan Bengtsson was the head of the company that purchased the popular poker information site, but denied any involvement in Oscarsson’s death. He told the Swedish media outlet Aftonbladet, "I do not comment on the investigation, but obviously we had nothing to do with blackmail."

In addition, Aftonbladet reported that no one associated with Bengtsson’s company was suspected of being involved with the murder of Oscarsson four months ago. The Swedish news outlet added, “Police suspect now that Andreas Oscarsson's testimony may have been a motive for his murder. But no one has yet been arrested.” The 44 year-old was allegedly going to split any money drawn from Oscarsson; the shareholders would receive the remaining portion of the funds.

Prior to Oscarsson’s murder, another man with the same name was killed in the Swedish town. In addition, according to SpelaCasino.se, “It is also alleged that Oscar's economic adviser was attacked, shot and wounded in the leg, a crime for which two men subsequently were arrested. The accused man also threatened Adviser via both telephone and SMS, many times.” The UIGEA, attached to the SAFE Port Act, an unrelated port security measure, drove many sites with publicly traded parent companies out of the market, including PartyPoker (owned by Party Gaming), Pacific Poker (owned by 888), and Paradise Poker (owned by Sportingbet).

According to an article published on Poker News Daily last month, the value of Bengtsson’s share of PokerListings.com fell from 50 million Swedish Kronor to 36 million, a slide of nearly 30%. It’s been believed that Oscarsson’s murder was a contract killing, a theory that has been supported by the recent developments in the case. Oscarsson was murdered overnight while his son slept nearby. It wasn’t clear whether or not his son was awake at the time of his father’s death and police had initially questioned the youngster. A father asleep nearby did also not awaken when the murder occurred. Gas was suspected, although it was not clear if it was used to subdue Oscarsson's father and son.

PokerListings.com currently has reporters dispatched to the World Poker Tour’s (WPT) Doyle Brunson Five Diamond World Poker Classic, which kicks off on Monday from the Bellagio in Las Vegas. PokerListings.com staff will then head to the PokerStars Caribbean Adventure in January, followed by the WPT Southern Poker Championship. Stay tuned for the latest on the Andreas Oscarsson murder investigation right here on Poker News Daily.

Bodog Founder Calvin Ayre Featured in National Post

On Saturday, the National Post ran an article entitled “Calvin Ayre online gaming tycoon,” a profile of the founder of the popular online poker room, casino, and sports book Bodog. Ayre donned a Bodog Fight shirt for the interview’s image.

Diane Francis was tasked with interviewing Ayre in Antigua and the news outlet described the internet mogul as “semi-retired.” The article begins with Francis asking Ayre about the 2006 Unlawful Internet Gambling Enforcement Act (UIGEA), approved by better than a 3:1 edge in the House of Representatives before being attached to the SAFE Port Act at the urging of then-Senate Majority Leader Bill Frist (R-TN). When asked if Canadian authorities had pursued Ayre in any capacity related to the 2006 law, he told the Post, "No. I haven't lived in Canada for ten years or been in the Canadian tax system. The legal system did not allow me to do this in Canada. Now I like living in the tropics.”

Ayre revealed that he owns the rights to the domain name Bodog.com and licenses the rights to the network to affiliates located around the globe. In the United States, for example, Morris Mohawk Gaming Group, a Canadian outfit, owns the rights to market the brand. After recently releasing “Survivor: China” castaway Jean-Robert Bellande, Bodog’s stable of poker pros currently stands at three: Evelyn Ng, Justin “ZeeJustin” Bonomo, and David Williams.

The Post then inquired about Bodog’s revenue figures. Ayre explained, "My current deals aren't revenue based and are all different structures which I don't talk about. Forbes audited our books and based the number on the same multiple that the British public companies were trading at, or more than $1.5 billion. In 2006, Bodog made US $320 million in revenues and 25% profit." After the UIGEA was passed into law, online poker sites with publicly traded parent companies like PartyPoker and Pacific Poker exited the market, leaving sites like Bodog, PokerStars, and Full Tilt Poker to pick up the slack.

On the current legality of online poker in the United States, Ayre told the Post, “Poker is not illegal to bet online in the U.S. because it's considered a skilled game. It's a gray area, but there are lots of American companies with poker sites.” This year, Bodog forged its own poker network and will purportedly begin accepting non-Bodog domains into its ranks next year. Jonas Odman, Vice President of the Bodog Network, told Poker News Daily that a “unique solution” to rakeback will help differentiate the family of sites from others in the industry.

In September, Ayre served as the keynote speaker at the Budapest Affiliate Conference. He told event organizers at the time, “I’m very flattered to have been asked to be this year’s keynote speaker in Budapest. The iGaming space is the birthplace of the Bodog brand, and it remains one of the must dynamic and fascinating sectors in the entertainment space.” In addition to Morris Mohawk, Bodog’s licensees include Bodog Europe and Bodog Asia. The former recently opened its doors to Canadian online poker players.

According to PokerScout.com, which keeps tabs on online poker room traffic, Bodog is the 15th largest site or network worldwide with a seven-day running average of 860 real money ring game players. During its peak hours, around 1,500 cash game players call the site home. Its traffic is comparable with that found on PKR and every Sunday, the site hosts its $100,000 Guaranteed, a $162 buy-in event that kicks off at 4:00pm ET. The tournament regularly sees a $20,000 to $30,000 overlay, with $29,000 kicked in by the site last week.

Read the entire Calvin Ayre interview with the National Post.

2009 WSOP Year in Review

When the late gaming legend Benny Binion brought the World Series of Poker (WSOP) on the world, little did he know what it would become. What began 40 years ago as a gathering of Texas road gamblers in a quaint Las Vegas hotel has grown to become a behemoth that now spans an entire calendar year. By 2009, the WSOP was no longer a week-long reunion, but rather a year-long caravan that traverses the United States and ventures across the Atlantic to play in England.

While many may still think the WSOP begins in June, it truly takes place year-round with the WSOP Circuit. Now in its fifth year, the WSOP Circuit was created to combat the drawing power and success of the World Poker Tour (WPT) and, for the most part, has been successful. In 2009, many Circuit events took place that brought special moments.

The WSOP Circuit could be considered the minor leagues of poker, offering previously unknown players a chance to make their name in the game. In addition, such professional players as Gavin Smith, Michael “The Grinder” Mizrachi, Men “The Master” Nguyen, Matt “All In At 420” Stout, and Alex Bolotin made final tables during the run of the 2009 WSOP Circuit schedule prior to the start of the Las Vegas WSOP in May. Justin “ZeeJustin” Bonomo and Los Angeles poker veteran Jean “Prince” Gaspard took home WSOP Circuit championships, but perhaps the person who can say he “pwns” the Circuit is Dwyte Pilgrim.

Pilgrim began an unprecedented run by capturing the title at Harrah’s Rincon in San Diego in April and rolled off four consecutive cashes in WSOP Circuit Championship Events, something that no other player had ever done. With this performance, the Brooklyn, New York poker player established himself as one of the up and coming stars of poker.

Days after Gaspard’s triumph at the New Orleans WSOP Circuit Championship Event, the 40th Anniversary WSOP kicked off in Las Vegas at the Rio. With a new sponsor in Jack Links Beef Jerky, the 57 bracelet events drew combatants from around the world, with over 120 nations represented. While it wasn’t known when the cards first flew in late May, the 40th WSOP would go down as arguably one of the best of all time.

For the first time ever at the WSOP, a No Limit Texas Hold’em event was held that exceeded the traditional $10,000 Championship Event. The $40,000 Anniversary Special drew some of the top names in the game. Former World Champion Greg Raymer drove deep into the event before falling in third place. Eventual champion Vitaly Lunkin bested Isaac Haxton to take down the once in a lifetime championship.

In such a combative field over the multitude of events, there were an astounding four multiple bracelet winners during the 2009 WSOP. Full Tilt Poker could claim two in Phil Ivey and Greg “FBT” Mueller and Brock Parker announced his arrival on the poker world with his two bracelet victories. Making history, though, was poker veteran Jeffrey Lisandro; his three bracelet wins in different Stud disciplines were enough to enable him to capture the 2009 WSOP Player of the Year award.

The $10,000 Main Event drew a substantial field of 6,494, which would have been larger except for a Day 1D fiasco that prevented an estimated additional 500 players from participating. After two weeks of play, the poker world was once again set for the November Nine, with amateur poker player Darvin Moon leading a pack of players that included Ivey and fellow poker notable Jeff Shulman.

The £10,000 WSOP Europe Main Event drew 334 players and saw two members of the 2009 “November Nine,” Antoine Saout and James Akenhead, make the final table. Eventual champion Barry Shulman, the father of Jeff, defeated crowd favorite Daniel Negreanu via a stunning, rivered two-outer on the next to last hand of the tournament.

After the furor of WSOP Europe calmed down, the November Nine came back to the felt on November 7th to determine the next World Champion. Moon held his own at the final table, as Ivey was dismissed in seventh and Shulman departed in fifth. Saout made a stirring run at the title, starting as the short stack, but battling through adversity to finish third. The true story of the November Nine, though, was Joe Cada.

Cada rode a roller coaster through the final table, his chip stack surging up and down throughout the 14-hour battle. At one point, his stack was at 2.5 million, but he began a comeback for the ages.

With a tremendous chip lead, the youthful Cada, who was weaned on online play, seemed to be the odds-on favorite to take out Moon, who eschewed sponsorship from online poker rooms. It took a rousing two and a half hours of play, with the chip lead shifting back and forth, before Cada emerged as the champion. With the victory, Cada eclipsed the record for youngest WSOP Main Event champion ever, set in 2008 by Peter Eastgate.

The most stunning development of the year in the WSOP occurred after the completion of the November Nine. Longtime WSOP Commissioner Jeffrey Pollack announced on November 13th that he would step down as the leader of the penultimate event in poker after a four-year run. During his time as Commissioner, Pollack increased the visibility of the WSOP, brought huge sponsorships to the tournament, and introduced the November Nine concept to the Main Event. While there were some low points in his tenure as commissioner, Pollack helped to enrich the history of the WSOP and left his mark on the venerable institution. As of December, there has been no move to replace Pollack in the position of WSOP Commissioner.

As the calendar turns to 2010, the WSOP continues to roll along. Even now, people are already in preparation for the event, much as it has been for the past 40 years and will continue to be for decades to come.

Joe Cada Meets with More than 10 Lawmakers on Capitol Hill Visit

As the newest ambassador of the game, 2009 World Series of Poker (WSOP) Main Event champion Joe Cada met with more than 10 Congressmen on Capitol Hill on Monday in a visit sponsored by the Poker Players Alliance (PPA).

Cada could be found speaking with Representative Linda Sanchez (D-CA), Senator Debbie Stabenow (D-MI), Representative Allen Boyd (D-FL), Representative Kendrick Meek (D-FL), Representative Steve Cohen (D-TN), Representative Candice Miller (R-MI), Representative Joe Barton (R-TX), Representative Dean Heller (R-NV), Representative Gary Peters (D-MI), Representative Shelley Berkley (D-NV), and Senator Carl Levin (D-MI). Cada hails from Michigan and met with his two Senators and local Representative throughout the whirlwind one-day affair.

PPA Executive Director John Pappas told Poker News Daily, “There were a number of really good visits with lawmakers like Joe Barton and Linda Sanchez, who are avid poker players, so they got to talk a little poker and a little policy. Throughout the day, he probably met another half-dozen members of Congress.” Congressman Heller brought Cada onto the floor of the House of Representatives during a vote, giving the youngster a unique opportunity to witness the democratic process first-hand.

On Capitol Hill, Cada and his entourage bumped into Senator John Ensign (R-NV) and had a five-minute long conversation. Ensign serves as the counterpart to Harry Reid (D-NV), the current Senate Majority Leader. On Cada’s parade around Washington, D.C. on Tuesday, Pappas commented, “He doesn’t have the recognition that other pros we bring do, but he's just becoming a face on the scene. He was great from our perspective. He wasn't here to do the hard sell on public policy; he was here to give a good face to poker and tell his story.”

Cada became the youngest WSOP Main Event winner ever at age 21 in November, eclipsing Peter Eastgate’s standing record by one year. Cada and Eastgate are both card-carrying members of Team PokerStars Pro, which also includes other World Champions like Chris Moneymaker (2003), Greg Raymer (2004), and Australian Joe Hachem (2005). A bevy of news outlets met with Cada during the day, including Politico, The Hill, and Roll Call, popular Capitol Hill publications.

On the future of Cada’s relationship with the PPA, Pappas told Poker News Daily, “When we do fly-ins and other events, we want to be able to work with him and have him be a face for us in Washington, D.C. We'd love for him to continue to promote the PPA to the poker playing community, particularly to the younger online players who look up to Joe. He recognizes the importance of what we’re doing.” Cada’s post-WSOP Main Event media appearances have included the “Late Show with David Letterman” and ESPN’s “SportsCenter.” He’s also featured on the current cover of Bluff Magazine.

Next up for Cada is a trip to Las Vegas, where he will donate a two-hour training session to the prize pool of the All In For CP charity poker tournament, which will be held at the Hard Rock. Cada told Poker News Daily, "The PPA really treated me like a champion and made my stay very enjoyable. It was awesome meeting various politicians, especially the ones from Michigan. I placed third in John Pappas' home game, which was a huge cash for me of $110. I'm looking forward to supporting the PPA in the fight. Next stop: Bellagio."

Next up for the PPA is a push to pass legislation to legalize and regulate online poker in the United States. Pappas revealed, “We've built a lot of momentum at the end of the year and anticipate a Committee vote on HR 2267 in late January or early February. Right now, we're focusing on the targets we need to get this legislation through.” HR 2267, proposed by Congressman Barney Frank (D-MA), provides a framework for online gaming companies to solicit U.S. customers. It boasts 63 co-sponsors.

Stay tuned to Poker News Daily for the latest headlines from Capitol Hill.

FBI Issues Online Poker Findings; PPA Responds

Online poker players tuned into last week’s House Financial Services Committee on internet gambling can recall a letter cited by Congressman Spencer Bachus (R-AL) that claimed online poker games could be compromised.

The memo, dated November 13th and written by FBI Cyber Division Assistant Director Shawn Henry, addresses six questions put forth by Bachus regarding the current state of affairs in the online poker world. The report states, “The technology exists to manipulate online poker games in that it would only take two or three players working in unison to defeat the other players who are not part of the team.” Henry’s analysis speculates as to whether online poker sites would spend the time and money needed to combat these tag team maneuvers: “It really comes down to a cost analysis for the vendor. How much money will I make or lose by detecting cheating and implementing safeguards?”

The letter from Henry then addresses money laundering possibilities in private online poker tournaments before Bachus asked if “qualified personnel” existed to regulate the game should it be legalized. Henry responded, “FBI investigative resources are focused on our highest priorities, that being counterterrirosm, counterintelligence, and cyber threats to critical infrastructure.” No mention of online poker or internet gambling is given in Henry’s response to this question.

Henry questions the age and location verification mechanisms that online poker sites currently have in place. Henry responds, “For age verification, the possession of a credit card is usually the only validation these sites require. Credit card numbers are easily compromised and can be bought by the hundreds on several ‘underground’ websites.” On the question of location verification, Henry asserts, “While geolocation can be accurate when used to determine the physical country of residence, it becomes exponentially less accurate when determining the city or zip code.”

Also discussed in the letter from the FBI Cyber Division official are bots, programs against the Terms of Service of most major sites. In addition, Bachus asks whether U.S. law enforcement officials have had any conversations with their counterparts overseas where internet gambling is regulated about “potential vulnerabilities.” Henry emphatically claims, “The FBI has not engaged in this discussion with our foreign partners.” On casino bot programs manipulating online games, Henry admits, “While casino software could very easily be employed to manipulate games, the FBI has no data in this area.”

The Poker Players Alliance (PPA) was quick to point out the pitfalls of Henry’s letter. Its Executive Director, John Pappas, charged, “Every concern the letter raises is better addressed by licensing and regulation than by prohibition. The letter misconstrues much about the current state of online poker, but it does so in a way that clearly makes the case for why federal oversight is necessary. Licensing and regulation is the most protective measure we can take to ensure the online community can be properly monitored while maintaining our internet freedom.”

The PPA added that Congressman Peter King (R-NY), the current Ranking Member and former Chairman of the Committee on Homeland Security, conveyed that money laundering and terrorism financing were not taking place through internet gambling. The PPA explains that online poker sites use credit databases to address age and location and that the Department of Justice has never found evidence that organized crime benefited from internet gambling. In total, the lobbying group notes, “In defense of Mr. Henry’s letter, it is intended to address the status quo, not the internet poker landscape under HR 2267.”

Age verification was one of the many issues discussed at last week’s hearing, which focused on HR 2267. The bill, proposed by Congressman Barney Frank (D-MA) crafts a complete licensing and regulatory framework for the internet gambling industry in the United States.

Internet Gambling Expert Reacts to UIGEA Regulations Delay

Over Thanksgiving, mandatory compliance with the regulations of the Unlawful Internet Gambling Enforcement Act (UIGEA) was postponed six months to June 1st, 2010. Poker News Daily sat down with internet gambling expert Nelson Rose to get his take.

Poker News Daily: What were your thoughts on the postponement of mandatory financial services industry compliance with the regulations of the UIGEA?

Rose: When powerful Congressmen like Barney Frank (D-MA) and Harry Reid (D-NV) tell administrative agencies to do something, they’re going to pay a lot more attention to it than when out of power members of Congress like Jon Kyl (R-AZ) weigh in. They also know that the UIGEA is a piece of garbage that was dropped on their heads. That happens to administrators: Congress passes something undoable and makes agencies figure it out.

PND: Talk about some of the pressures put on the Federal Reserve and Treasury to make this decision.

Rose: It was the Federal Reserve and Treasury, but they made a big point of saying that they consulted the Department of Justice, which they were required to do. That means that the Attorney General of the United States signed off on this.

Under President George W. Bush, we had some right-wing religious fanatics who were anti-gambling in charge, but we also had the Department of Justice that understood there were higher priorities. They knew they didn’t have a lot of good law on their side, so they were running a war of intimidation. Now, we have a sane Department of Justice led by people who understand priorities and that internet gambling isn’t a big deal compared with all of the other criminal problems in the world. Yet, there are still offices that have gone further than they did during the Bush administration by seizing the money of online poker players.

PND: Do you foresee sensible internet gambling legislation being passed in the next six months?

Rose: I think that this is the start of the process. The Democrats won’t do what Bill Frist (R-TN) did and try to ram this through when no one is looking by attaching it to a must-pass bill. They’ll have hearings, but unfortunately for everyone who is interested in it, it’s still a very low priority.

PND: What would have happened if the December 1st UIGEA compliance deadline stood?

Rose: I think nothing would have happened. I’ve talked to some banks and payment processors. They’re taking it very seriously, but they understand that the UIGEA rules specifically say don’t look at individual transactions, so they’re not going to do that. They’re concerned with setting up new accounts and no one is setting up illegal gambling operations in the United States.

PND: Give us your thoughts on overblocking, which crept up when legal online lottery transactions in North Dakota and New Hampshire were being denied.

Rose: The regulations make it clear not to look at individual transactions, but there are a lot of operators involved in things like horse racing, skill games, and free entry games that they would not do business with if they didn’t have legal opinions like the ones I’ve been writing. That’s the reason I think the regulations are actually helpful: they create a safe harbor that the banks can use to say that they’re in compliance with the UIGEA because they’ve sought out legal opinions.