Developing …

We’ll hold off on saying too much until we get more solid information, but basically, checks from PokerStars are “bouncing”, particularly with New York banks. Instant E-checks seems to be the payment processor most notably affected at present. However, it’s not just e-checks … paper checks are proving uncashable, too. Reliable sources tell us that this is not just a little snafu, but that it’s the direct result of DOJ enforcement actions somehow connected to the Federal Court in New York’s Southern District.

This is the same court, of course, that handled Neteller way back when, and more recently came to non-prosecution agreements guilty plea settlements with Anurag Dikshit et al. While the Party Poker dudes are officially in the clear,* is it possible the Feds are now saying, hey, that was fun, and we got a lot of money … let’s try it again with those PokerStars guys!?!

The FBI offers more clarity on who’s agreed to what between Party Poker peeps and the Feds here.

The best I can tell, right now Stars seems to be the target. No confirmation on the fates of Full Tilt and UB payment processing.

UPDATE: Problems at Full Tilt, too. (Thanks, Ken, for the info/link!) And Ultimate Bet.

Regardless, whatever shakes down (pun intended), it raises a lot of questions at an interesting time, considering how much big money gets transfered passed between poker players — particularly in the summer — often on an online site in exchange for casino chips and/or bricks of cash.

Might the value of the Euro have just gone up, at least in the poker economy? Seems plausible if they’re the only ones able to convert online bankrolls into real American WSOP buy-in dollars.

* Cases against (with?) two other Party principals, Ruth Parasol and Russ DeLeon, are still pending in the same court.

We kick off the new year with our very last installment of Perspectives Weekly! Plus, a look back at the most important online gambling events of 2008 and current news, including Doyle Brunson vs. Anurag Dikshit with an explanation of what the PartyGaming co-founder really was thinking.

Online gambling news, as the founder of Party Gaming pleads guilty to violating the US Federal Wire Act. We also give a follow-up report on the Grand prive’ Casino Group, with evidence of thier lies as they continue to steal affiliate commissions.

From the Financial Times: Party Poker co-founder Anurag Dikshit will appear in the Southern District Court of New York Tuesday to plead guilty to violating the Wire Act, pay a $300,000,000 fine and cooperate with the Department of Justice in the hopes of avoiding a 2-year jail sentence.

Dikshit currently owns 27% of Party Gaming, but it appears he won’t have to divest his holdings in Party after pleading guilty. Ruth Parasol and Russ DeLeon, who also co-founded Party Poker, don’t appear to be near any type of settlement with the US government. Party Gaming has been negotiating with the Department of Justice for some time now; could this mean their eventual return to the US if and when Internet gaming is regulated?

More on this developing story later…

UPDATE: Party Gaming has released their own press release stating that they are still in final negotiations with the US Dept. of Justice in terms of a settlement, and that they will pay a substantially lower amount to the US government than Dikshit. At the time of this update, they’re up over 25% in trading today.

5pm UPDATE: Dikshit has entered his plea, and is free on a $15m bond, which limits him to travel within the European Union, India and New York. He has also already paid $100,000,000 with another payment due in 3 months, and the rest by September. Also, he’s scheduled for sentencing December 16, 2010. Further details here.

CardRunners and StoxPoker have joined forces to create a poker-training supersite. [PokerOnAMac.com]

Original PartyGaming honcho Anurag Dikshit — creator of some of the earliest online poker software — is one of three Indians to make Forbes’ list of 34 web-innovator billionaires … as well he should be. [MSNBC]

More on the Fed’s aggressive pursuit of Bodog — including criminal investigations on the company and Calvin Ayre. [Forbes.com]

Barney Frank has re-introduced the Payments System Protection Act, a revised version of HR 5767, which was shot down in his own committee earlier this year. [PokerNewsDaily]

Las Vegas visitation is down — to its lowest point since the start of the Iraq war. [Las Vegas Advisor]

And thus it only makes sense that LV gaming revenue is down — 14 percent this time — for the 7th consecutive month. [Forbes.com]

You know those new poker rooms popping up in Arizona? Well the Pascua Yaqui tribe doesn’t like them and is trying to get them shut down. (Funny: the mayor of Phoenix is named Phil Gordon.) [Zonie Report]

Poker parties and poker school are all the rage in Croatia. [CroatianVillas.com]

FUN RUMORS: Apparently Johnny Depp is quite the poker player, but he’s having a hard time getting alt/indie band We Were Scientists to pay up the $28k he beat them out of. (But all debts have been settled with Orlando Bloom, whom he supposedly beat out of $800k during the filming of Pirates of the Caribbean.) [Online Casino Advisory]

And in hardly related non-poker news … Sarah Palin’s teenage daughter‘s pregnancy … do we want to start this century off in a world where teens (sometimes) use birth control and occasionally have an abortion or one where we preach abstinence and then glorify/celebrate the shotgun wedding? The MySpace page of the potential VPson-in-law Levi Johnston: [NYPost via HuffingtonPost via Kevin Allen/Sun Times]

“I’m a fuckin’ redneck” who likes to snowboard and ride dirt bikes.

“But I live to play hockey. I like to go camping and hang out with the boys, do some fishing, shoot some shit and just fuckin’ chillin’ I guess.”

“Ya fuck with me I’ll kick [your] ass,” he added.

He also claims to be “in a relationship,” but states, “I don’t want kids.”

Perhaps we all have something to learn from a billion (Non-American) Indians. Not only did “these people” give us one of the founders of PartyPoker and hundreds if not thousands of terrible customer service reps, but also they made what is arguably the best condom commercial ever: