Posts Tagged ‘IRS’

March 31, 2008

Instapoker/Vegas

Sorry for the lack of personal postage last week and presumably this one … I have gotten caught up in the housing crisis and am moving again over the next couple days … even though I don’t know where yet. Seriously, housing crisis is very real here — our friends at The Poker Atlas were forced to relocate due to the house they were renting going into foreclosure; Rounder Club West got evicted from their digs a couple weeks ago because their landlord decided to desperately sell. When this sorta thing happens to three homes in an isolated niche, it can’t just be coincidental.

Anyhow, so yes, content … sorry for the lack thereof and sorry for the blog-cliche post about being sorry. There’s still plenty going on out there that the poker-minded populace shouldmaybe care about, regardless of my personal battle against homelessness.

As we know, the US is currently trying to figure out how to enforce the UIGEA — the AMERICAN BANKS say they can’t really do it — so now, instead of rewriting our own bad laws, we are pressuring the UK to change theirs.


And here’s an article about EL PASO’S rich gambling history
- underground or not — over the past 100+ years, starting with a mayor in 1895 known as “Poker Bob” Campbell.

A NEW BLOG (to me) I am now following semi-regularly: David Matthews’ Gambling in Space.

Through him, I learned about FRANK GAGLIARDI, a California Lottery winner who also likes to gamble and recently won his very relevant (to me and you) court case vs. the IRS:

If this case stands, then it could effectively rewrite tax law and make it easier for gamblers to report losses and more difficult for the IRS to go after gamblers.

BALLY TECHNOLOGY also won a pretty big case in court — against SHUFFLE MASTER, which up to this point has maintained an expensive stranglehold on the automatic shufflers you see in poker tables.

And CALIFORNIA JEN may have loved the poker mockumentary THE GRAND, but not everybody did.

Crap, that’s hardly everything, but I have to run …

Posted by DanM at 12:28 pm

February 25, 2008

RE: Pure Raided by IRS

Norm Clarke — kinda like the Alan Peppard of Las Vegas, with an eyepatch — has the inside poop on the IRS shakedown of Pure. Does this sound familiar … an industry making ridiculous amounts of money, tons of it going untaxed … so the Feds rough up one of the big ones to get the model of how things really work? What happens from there I’m not so sure. But it’s kinda like Neteller, right? Either that or a mid-level agent got turned away at the door and was pissed! Evidentiary text messages between door guys and unthankful bottle-whales included … can’t wait ’til a little Paris Hilton-sex-and-drugs emerges somewhere in the records.

Meanwhile, this week, Pure will be the site of the “drawing party” for the NBC Heads-Up Poker Championship. I wonder what a doorman would say to anyone who slips him a twenty and asks for a receipt.

Posted by DanM at 4:27 am

February 21, 2008

Pure Raided by IRS
I can’t seem to get away from the shadiness

I used to do business with the underground poker rooms in Dallas. I use the phrase “do business” lightly, as it generally meant these guys were willing to front me a couple hundred bucks whenever I needed a rebuy, which may have just been good poker. Regardless, I decided to leave all those red chips behind to work for PartyPoker — one of the biggest companies in the UK until Uncle Sam threatened to imprison my new bosses if they didn’t get out of Dodge by sundown. Bummer.

So now I have moved to Vegas — follow, the legal money, baby! — and find myself writing about bars, shops, restaurants, nightlife, etc. (among other things - sign up if you already haven’t). Good times, right? Maybe … but PURE — the swanky, Batface-friendly nightclub immediately next door to the Caesar’s Palace poker room — just got raided last night by the IRS.

More from the LV Review-Journal here.

Wha? The Feds also hit the Pure offices … seizing computers, paperwork, and presumably DNA samples. Perhaps coincidentally — or not — all this comes less than 48 hours after Dubai World, the Middle Eastern company that invested $5 billion into MGM/Mirage, reportedly bought a 50 percent stake in the Light Group, the biggest nightclub confecture in the world.

Yeow. This apparent shakedown has to be about way more than drunken chicks from Nebraska pretending they are Paris Hilton and slutting it up for guys who can thumb their noses at $350 bottles of Red Bull-and-vodka. But then again, maybe not.

July 2007: Gavin Smith, partying like a rock star at Pure.
Posted by DanM at 3:37 pm