Posted by Steve Ruddock on Sep 21, 2011 Posted in Poker News | No Comments »

One of the many charges added on Tuesday by the US Attorney’s office –sought after amendment in their civil case against Full Tilt Poker, Absolute Poker, and PokerStars— in addition to the already numerous charges leveled against Full Tilt Poker on Black Friday, was that Full Tilt PokerRead Full Article

Posted by Steve Ruddock on Aug 25, 2011 Posted in Poker Industry News | No Comments »
PokerStars versus Full Tilt

Prior to Black Friday, PokerStars controlled an estimated 50% of the online poker traffic in the world, with Full Tilt poker a distant second with a further 25% of the online poker traffic. That left a 25% piece of the pie for the hundreds of other online pokerRead Full Article

Posted by Steve Ruddock on Aug 03, 2011 Posted in Poker Industry News | No Comments »

Despite the fact that Full Tilt Poker has not accepted deposits or withdrawals for over a month, or even games for that matter, the Kahnawake Gaming Commission (KGC) has decided to renew the troubled site’s secondary gaming license –which shouldn’t be too surprising considering the KGC licensed UBRead Full Article

Posted by Steve Ruddock on May 11, 2011 Posted in Poker Industry News | No Comments »

On her blog this week, poker writer Haley Hintze reported that she has signed a deal with Dimat Publishing to produce a comprehensive book detailing the Super-User scandals from Absolute Poker and Ultimate Bet Poker. Since her days as PokerNews.com editor, Hintze has been at the forefront ofRead Full Article

Posted by Steve Ruddock on May 11, 2011 Posted in Poker Industry News | No Comments »

After both PokerStars and Full Tilt Poker quickly came to an agreement with the US Attorney’s Office in the Southern District of New York that saw the two online poker sites returned their domain names in order to begin returning US players funds, the poker world was leftRead Full Article

Posted by James Guill on May 10, 2011 Posted in Poker Industry News | No Comments »

When the April 15th indictments hit, many in the poker world agreed that PokerStars and Full Tilt would honor their commitments and return player’s bankrolls. However, just as many felt that player could kiss their money on Absolute Poker and UB goodbye. In recent weeks, a combination ofRead Full Article

Posted by Steve Ruddock on May 10, 2011 Posted in Poker Industry News | No Comments »

The next domino in what is surely the downfall of both UB Poker and Absolute Poker has fallen, as the Cereus Poker Network announced on Monday that they would be parting ways with all of their sponsored pros –a total of 11 sponsored players. 10 players from UBRead Full Article

Posted by Gerry Poltorak on May 08, 2011 Posted in Poker News | No Comments »

Blanca Games –the parent company of the Cereus Poker Network—issued its second statement in as many days, this time responding to the news that their Costa Rican offices were raided by The Organismo de Investigaciones Judiciales (OIJ), the Costa Rican equivalent of the FBI. The raid comes onRead Full Article

Posted by Steve Ruddock on May 05, 2011 Posted in Poker Industry News | No Comments »
ub bankrupt

In the least shocking but most disheartening news since Black Friday, Holdem Poker Chat has released a copy of an E-Mail sent to shareholders in Madeira Fjord AS (the parent company of the Cereus Poker Network of Absolute Poker and UB Poker). While I have not seen thisRead Full Article

Posted by Adam Grunwerg on May 05, 2011 Posted in Poker Industry News | No Comments »
european poker stocks

Share prices in UK gaming companies including 888 Holdings, Playtech and Bwin.Party have soared after the recent “Black Friday” illegal crackdown on US poker sites. Bwin.Party shares have shot up 30%, 888 Holdings (owned of 888 Poker) up 19% and Playtech 8%. The reasons for the share priceRead Full Article