Posts Tagged ‘Black Friday’

December 28, 2011

The unco-operative Mr. Beckley (Part II)

No question mark this time—further indications that he's not a co-operating witness

I wrote a blog post a week ago suggesting that Brent Beckley, who pleaded guilty on December 20th to two federal counts in the Black Friday indictments, may not be a co-operating witness for the government. This was based on a reading of the press release issued by the US Attorney’s Office for the Southern District of New York (the USAO) and a comparison of what we know of Mr. Beckley’s situation with what we know of Bradley Franzen’s circumstances. Recall that Mr. Franzen pled guilty this past May to three counts associated with the same superseding indictment. Last week’s post was not based on a review of Mr. Beckley’s plea agreement, a copy of which was posted at the Association of Players, Casinos, and Webmasters’ website.

Based on a comparison of Mr. Beckley’s plea agreement with Mr. Franzen’s plea agreement, I’m even more convinced that Mr. Beckley is not a co-operator.

More…

Posted by at 12:31 pm

December 21, 2011

The Unco-operative Mr. Beckley?

Brent Beckley pled guilty in US federal court in Manhattan yesterday to two counts contained in the criminal indictment unveiled in April of this year (United States v. Scheinberg et al). The first count was conspiracy to engage in unlawful Internet gambling, contrary to 18 U.S.C. § 371—this is a general conspiracy provision applied to the purported UIGEA violations. The second count was conspiracy to commit bank fraud and wire fraud, contrary to 18 U.S.C. § 1349, with reference to offences under 18 U.S.C. §§ 1343 and 1344. Mr. Beckley was the “director of payment processing for Absolute Poker,” according to the government’s press releaseVin Narayanan, who indicates that he has read the plea agreement, reports that federal prosecutors have recommended a sentence of between 12 and 18 months and that Mr. Beckley also agreed to forfeit $300,000 as part of his guilty plea.

One of the more intriguing parts of the US Attorney’s press release is the following sentence: “He [Mr. Beckley] is scheduled to be sentenced by United States Judge Lewis A. Kaplan on April 19, 2012, at 4:00 pm.”

Why is that interesting? Because I think it might indicate that Brent Beckley is not (or at least is not thus far) a co-operating witness for the government. I think he’s made his guilty plea to the court, thereby admitting his own involvement, but without rolling over on anyone else.

More…

Posted by at 10:12 am

December 8, 2011

In Brief: Legal Biznass

Poker Law, Politics, Business, and Crime

We spend so much time reading about poker legal developments here at Pokerati that we sometimes forget to share the relevant news before the cycle turns to something else … and then I complain that our readers here aren’t as smart anymore as they used to be? It doesn’t take a JD to see the flaw in my logic there. Thus, here’s a much-needed batch of recent highlights and hedlines to keep the incessant but important buzz in context … a semi-special link-dump, btw, brought to you by our new-good friends at LegalPokerSites.com:

First UIGEA Conviction in the Books The DOJ logged their first win on UIGEA charges — making the supposedly weak law thus far undefeated — against online sportsbook operator Todd Lyons. His arrest back in May 2010 shoulda been a big warning sign to American online poker operators (and players?) — and Full Tilt specifically — that the DOJ was coming to get them! [CalvinAyre.com]

First Black Friday Trial Date Set John Campos and Chad Elie, the Utah banker and PokerStars payment processor indicted for their role in online poker criminal activity, have a trial date in March … creating a tangible timeline for Black Friday cases and added pressure on the big fish the DOJ really wants — Isai Sheinberg, Ray Bitar, and Scott Tom. [Legal Poker Sites]

MGM Sues Poker Domain Squatters Just as Caesars sued (and won) to obtain the domain WSOP.com, MGM has filed suit to repossess the domains mgmpoker.com, bellagiopoker.com, luxorpoker.com, mandalaybaypoker.com, and ariapoker.com. Apparently the casino giant thinks they’ll have need for them soon. [VegasInc]

Barton Says Online Poker Bill Still Alive This Congress Rep. Joe Barton (R-TX) gave a luncheon keynote at the DGLP, where he spelled out how his online poker bill is moving forward as a piece of stand-alone legislation and/or still could be absorbed into some omnibus bills. Pretty straight-forward, honest-sounding stuff as Barton even talks about his own live real-money play and admits to multi-accounting for play money on PokerStars. [Pokerati Soundcloud]

Adelson Balks at Readiness for Online Poker The poker masses got spun into a tizzy after Vegas politico Jon Ralston “reported” that Las Vegas Sands Chairman Sheldon Adelson has been buzzing around DC that he is morally opposed to online gambling … and that age-verification technology isn’t ready yet. Ralston concludes that this could kill online poker’s chances in Congress as if Adelson alone is more powerful than the combined forces of Caesars, MGM, Steve Wynn, Station Casinos, Boyd Gaming, Michael Gaughan, et al. Quick to cry, some poker players have begun calling for a boycott of Venetian Poker. [Las Vegas Sun]

Nevada Regulations Almost Ready While so many chatter about complex details of future online poker, the Nevada Gaming Commission and State Gaming Control Board seem to be the only ones systematically moving forward with thorough, enforceable rules and regulations for online gaming. In one of the biggest overhauls to state gaming regs in history, they just released a whole bunch of revisions for licensure and suitable ownership that Big and Small casinos alike are paying close attention to. [gaming.NV.gov]

Fry Howie? Funny/sad, shortly after Black Friday I thought we might be seeing T-shirts that said “Free Howard!” not “Fry Howard!” But loyalty can be a fickle bitch when you eff up with someone else’s money. Hence this flash creation for players wishing to express their personal outrage against Full Tilt and Howard Lederer violently. [PokerListings]

UB Player Database Leaked Lots of offline debate over how and why nearly 3 million poker-player IDs leaked out. Work of a disgruntled employee or scuttling the ship before UB ultimately hits sea-floor? And will there be more such pressings of self-destruct? [Haley's Poker Blog]

Rest o’World: Cyprus on Crackdown, South Africa’s Open-Market Mind, German Pre-unification Some of the other key political moves from the rest of the world, as the future of legal online poker (and gambling) actively takes shape … the mediterranean island that isn’t Malta doesn’t have moral opposition, they just want their cut (kinda like Kentucky) … while South Africa continues its progressive-minded movement from staunch opposition to tolerance to active support of online gambling … all while the German province of Schleswig-Holstein’s acceptance of new online poker rules is so big it actually moved some major market needles. [Legal Poker Sites]

Posted by at 6:26 pm

September 30, 2011

Terrible Tuesday

Wicked Chops Podcast


On the latest Wicked Chops Podcast, we’re joined by poker lawyer/”journalist” Dave “F-Train” Behr to discuss the amended civil charges issued Tuesday against Full Tilt Poker Board of Director members Howard Lederer, Chris Ferguson, Ray Bitar, and Rafe Furst.

See the key discussion points at Wicked Chops Poker.

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

Read F-Train’s blog here and follow him on Twitter @ftrainpoker.

Posted by at 2:25 am

September 22, 2011

LUCKY US: More Poker Documentaries

New teaser for ALL IN (The Poker Movie)

I can already call it … 2012 will be the year of poker documentaries. The desire to tell true-life tales about the rise and fall of online poker in the USA should reach fever pitch as a classic story of crime and punishment plays out on Court TV. Ooh, that’s just in theory, of course, as we don’t yet know what’s on the docket for 2012 in the Southern District of New York nor Court TV’s programming schedule for next year. But it’s almost enough to get my conspiracy bells ringing over WSOP-Europe’s move to Cannes and/or the trend of using ALL CAPS in titles.

A lot of you already know about BOOM: The Incredible True Story of Online Poker, produced by Cardrunners icons Taylor Caby and Jay Rosenkrantz. Now, also coming soon, we have ALL IN: The Poker Movie, produced by the relatively big-time 4th Row Films.

Apparently both Boom and All In were all (or almost) ready to go right before Black Friday … which kinda caused a narrative breakdown in their endings.

I sat for both these films (as a talking head) … but have no idea whether or not my parts ended up on the cutting room floor. Kinda bummed I didn’t end up in the teaser below for All In … but hey, I guess I can understand appearing lower in the credits than Howard Lederer and Annie Duke.

(Can only imagine how excited producers must have gotten over Bernie Madoff-level allegations against one of their “stars”!)

Release date (and New York premiere party?) scheduled for February 2012. I really can’t wait to see how it all ends … on the big screen as well as in real life.

Posted by at 4:58 pm

June 10, 2011

Rats! More Black Friday Fallout!

APCW Perspectives Weekly for June 10th, 2011

This week’s online gambling news comes from New York City, where a “Black Friday” defendant has been denied bail. Plus, is legal Internet betting in Washington DC in jeopardy? Also, updates from Merge Poker, Intertops, and QuickTender.

Posted by at 5:52 am

May 19, 2011

The Micros: Countdown to Busto

Remember how awesome SNL and the Onion were when they finally re-emerged after September 11th? Kinda the same thing, but with less death to navigate in the punchlines. Possibly the best episode yet, imho. (And a reminder for all that while we may take our poker seriously, we prolly shouldn’t take ourselves too seriously unless you want to end up like Durrrr and his flamingo.)

I won’t even list the humorous nuggets embedded in the Chase vs. ROFLs matchup … just watch and occasionally press pause when you see small print for refreshingly funny stuff.

Posted by at 3:51 pm

May 17, 2011

Online Gambling Focus Group

Raymer, Pappas, Schwartz (from UNLV's Center for Gambling Research) and Pokerati

The World Series of Panel-discussions continues with what I like to think of as a circuit event on Wednesday. The Focus group has invited me and three others for a moderated roundtable that you could call Meet the Poker if David Gregory’s show were relegated to ESPN3.

But it should make for vigorous discourse providing valuable information … kinda like a think-tank for couch-based researchers and analysts. Details on the academic equivalent to a call-in show:

Toll-free Dial-In Number: (866) 951-1151
International Dial-In Number: (201) 590-2255
United Kingdom +44 08003581576
Conference # : 4999006

Join us for this roundtable teleconference on Wednesday May 18, 2011 at 10:00am PT/1:00pm ET to learn more about the economics of the multi-billion online gambling market and recent US government gaming legislation.

Topics include:

1. The history of today’s online gaming market
2. How Las Vegas feels about online gaming
3. “Black Friday” and its meaning for the online gaming business
4. What the online gaming business will look like in 2012

Moderator:

Michael Damphousse, CEO/CMO, Green Leads

Panelists:

David G. Schwartz, Director of Center for Gambling Research-UNLV
Dan Michalski, Founder/Editor, Pokerati.com
John Pappas, Executive Director, PPA (Poker Players Alliance)
Greg Raymer, 2004 WSOP Champion and Lawyer

Posted by at 1:06 am

May 1, 2011

WPT Seminole Hard Rock

Day Four: Patches? What Patches?

Coming into Day Four the patch watch almost dead, after Day Four it IS dead. With only two patches to keep track of Day Four’s patch watch was made even easier with Mike Sexton (Party Poker) and Zach Clark (Doyles Room) sitting on the same table.

Although both players started out the day in the lower half of the leader board they only needed to outlast 6 players to make it to the money which they both managed. Clark would eventually be eliminated in 33rd place while his table mate Sexton managed a 27th place finish.

The last patch wearing player was Mike Sexton who was eliminated in 27th place.We caught up with Clark before he was eliminated to discuss Black Friday and how it is affecting his sponsorship deal. He declined to comment on anything exactly what he is being told but did tell us that he inquired about wearing his patch for the tournament and they told him to operate as normal when it came to that.

Coming back for Day Five is Blair Hinkle, who became the first player to win seven figures in a single tournament on Full Tilt back in March in the FTOPS Main event when he chopped three handed to receive $1,162,949.74, sits atop the leader board with 1,783,000. Catching up with Hinkle during a break he discussed his FTOPs score and told us that he had not moved the majority of his funds off Full Tilt before Black Friday. He did not seem overly concerned that he would have trouble getting the funds off site, but did state that it would be nice to just win this event for his second 7 figure score of 2011.

Day Six will start at noon today with 18 players playing down to the final 6 in the High Roller room of the Seminole Hard Rock Poker Room. With no patches left and no one left to patch up players when the final six are determined this will be the first WPT final table in some time without a single player wearing a patch. Maybe that is a sign to come for future events in this post Black Friday era.

Posted by at 6:45 am

April 22, 2011

Merchdawg’s Podcast Roundup

Black Friday, Poker Panic

It should be no surprise what the focus of this weeks Roundup will be with all that happened last Friday. Since the indictments were unsealed a week ago today everyone is hitting the airwaves to give their take on what has transpired with the DonkDown guys being the first group to hit the airwaves shortly followed by Marco on Quad Jacks.

Pregame.com

The team over at Pregame.com not only addressed how poker players have been affected by the indictments but also got some insight of how other people in the poker industry are being affected thanks to their guest Kristen Bihr. Bihr, who is a writer for PokerStarsBlog.com as well as being the PCA Ladies Event Champion, discusses how the poker media industry is being affected along with her current predicament of having the majority of her Ladies Event winnings tied up online. You can listen to the show in its entirety on the Pregame.com site

Quad Jacks Interviews

Already running 6 days consecutively with numerous host the show is going to come to an end shortly after reaching the 7 day mark for some rest. Numerous guest have joined over the past week, including Shaun Deeb, Katy Leibert, Daniel Negreanu, Gary Wise, BJ Nemeth, Kevin “KevMath” Mathers, and our very own Dan Michalski to break down what the indictments mean to not only the poker community but also personally to themselves.

Along with being a part of the show this past week KevMath also took a few of the interviews from the past 6 days and made them available for download. These are not in iTunes but they are indeed safe files.

Chuck Kidd Interview
Shaun Deeb Interview
Daniel Negrenu Surprise call into the show

On a side note a few of our favorite podcast have different host this week due to the regular host choosing to step aside either due to honoring the request to not speak or out of fear of causing problems due to their affiliation. This week ESPN’s The Poker Edge went on without Phil Gordon, though he did provide a short message to listeners that was played at the beginning of the show. The other pro to step aside this week is Dennis Phillips, who also spoke briefly at the beginning of the show to give a brief statement before stepping aside for the rest of the show to go on.

Posted by at 11:49 am

April 15, 2011

DonkDown Radio Emergency Department of Justice Show

04-15-11

We drop everything and do a 6-hour breaking-news type show as the huge story develops regarding the 11-count indictment by the US Department of Justice against Full Tilt, Pokerstars, and Absolute Poker.  Brandon Adams and Eric Morris (CEO of Bluff Magazine) our are special guests, and we take a ton of listener phone calls.  Druff breaks down what everything means for the present and future of online poker.  We will return to our regular schedule of shows on Wednesday, April 20th.

Posted by at 10:23 pm