Posts Tagged ‘Marco Valerio’

August 8, 2013

One Win and One Loss

Update from the PPA on Full Tilt remissions and US court's skill game reversal

Last week, I shared with you a plan to get individual lawmakers involved in helping to expedite remission processing for those of us with accounts on Full Tilt Poker. I have very good news on that front. On August 1st, Full Tilt Poker Claims Administrator Garden City Group posted a status update on their website promising that the claims process will begin “shortly” and clarifying that remission will be based on final balances and not on deposits. I encourage you to read the entire statement on their website, atwww.fulltiltpokerclaims.com.

This announcement shows that progress is being made. Over the past several weeks, PPA and the poker community intensified its pressure on the DOJ and Garden City Group to expedite full remission of player funds. Even members of Congress began weighing in on behalf of their constituents. While many factors contributed to the timing of the announcement, there is little doubt player activism played an important role.

While this announcement is much-needed good news, we cannot rest now. We are seeking specifics, including dates for application, expected dates for processing, etc. We are also seeking as streamlined a process as possible.

U.S. vs. DiCristina Appeal Update
Yesterday, the United States Court of Appeals for the Second Circuit reversed the U.S. vs. DiCristina ruling. The ruling was not contested on the basis of poker being a game of skill or not, so that remains intact. Here’s PPA’s statement on the unfortunate reversal:

“Today’s decision by the 2nd Circuit Court, while unfortunate, only adds to the growing call for federal clarity on the definition of gambling. The 2nd Circuit clearly did not dispute the district court’s finding that poker is a game of skill. This is a key point distinguishing poker from the types of gambling games that Congress and state legislatures have often tried to prohibit. What the court did was conclude that the IGBA does not set forth an independent federal definition of gambling, but instead only incorporates state law.

“Ample academic studies and judicial rulings at the state and federal level have concluded that poker is indeed a game of skill. Period. The PPA will continue to advocate for a clear, federal definition of gambling as a game predominated by chance, thus preserving the right of Americans to play this great game of skill.

“The PPA stands ready to support Mr. DiCristina should he choose to appeal this decision, and we are committed to working through the judicial and legislative processes to establish a clear definition of gambling based on the predominance test.”

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August 3, 2013

The Players’ Voice in Washington DC

Rep. Joe Barton on poker as a game of skill, and moving legislation on the Hill

During the past month, Congressman Joe Barton (R-TX) has been on the move in his quest to bring about federal legislation favorable to online poker with an equally favorable revenue component for government.

At the end of June, the Congressman hit the road for his 3rd annual visit to the World Series of Poker—this time, to preview his latest federal legislative bill before introducing it into the U.S. House of Representatives. The official introduction of his newly minted bill H.R. 2666, the Internet Poker Freedom Act of 2013, followed on July 12.

Days later, Barton held a telephone press conference to discuss the new bill which “establishes a program for the licensing of Internet poker by States and federally recognized Indian tribes, and for other purposes.”  The teleconference was attended by media outlets across the country, including this reporter. However, it wasn’t until last week, when I met with the Congressman in his congressional office in Washington, D.C., that I got the complete picture of where he stands on poker and poker legislation. At the end of this day, Barton remains as unclear as anyone on the likely time table for passage of federal legislation to legalize online poker, by the Congress, but he exudes confidence that day will come.

Barton Invokes the President’s Name 
Barton is methodical. He is an engineer by training. He is a seasoned politician. He has held his Congressional seat since 1984. He rates himself as a good amateur poker player. By all accounts from mutual friends, this is an understatement. With a slight twinkle in his eye and a  poker player’s understanding of a well-placed semi-bluff, Barton goes further than mere prediction in stating that he expects President Obama to sign his legislative bill to legalize online poker, if it reaches his desk.

Barton talks the talk at poker tables and he walks the walk around the House in gambits to prod progress on the right online poker bill. He seeks a sensible federal law that will allow online poker in states that are so inclined, under the best conditions for all concerned.

He is also a pragmatist who recognizes the road will not be easy. His latest online “poker only” bill, like the others in which he has been intimately involved, previously, is designed to exempt poker from the category of “games of chance” which are subject to anti-gambling statutes. During our hour-long visit in Washington and a subsequent telephone call, Barton resonated as “the genuine article.”

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Posted by at 7:43 pm

April 22, 2013

Instapoker

Cheong wins Millions, Eyster wins WPT Seminole, Salsberg takes over WPT POY lead

Kevin Eyster Photo: World Poker Tour

Kevin Eyster
Photo: World Poker Tour


Today’s Boxscore

Kevin Eyster $660,395 – WPT Seminole Hard Rock Shootout
Joseph Cheong $1,343,370 – HK$1,000,000 Manila Millions
Pieter De-Korver $190,594 – EPT Berlin Cup


Joseph “subiime” Cheong had one heck of a time this last week with a couple big pops to his bankroll. He started off finishing second to Philipp Gruissem in the A$50,000 WSOP APAC High Roller rebuy event for $534,776 and followed up with by winning the Manila Millions for HK$10,428,000 ($1.3million and change, thank you exchange rate). Not a bad way to make his way through Asia.

Kevin Eyster is the latest WPT champion after winning the Seminole Hard Rock Shootout in Hollywood, FLA. Several big names made the Sunshine State trip including Jeff Madsen making his 2nd WPT final table with Faraz Jaka, Matt Giannetti, Doug Lee, and Dan Suied just missing the TV action. The top two in the race for WPT Player of the Year made the money but Matt Salsberg outlasted Paul Volpe to take over the lead with just a few events remaining. Next stop for the WPT is the bestbet Open in scenic, never boring Jacksonville, FLA.

Link Dump

Tweet of the Day – It has nothing to do with poker, instead it’s the rather quick TV career of sports reporter AJ Clemente. Plus I will take every chance to show Kevmath cursing.

QuadJacks to Relaunch Under New Management – Marco leaves QuadJacks for GPI, QuadJacks goes in the crapper, Marco jumps ship back to run QuadJacks to assemble the Avengers of Poker (or that’s what I’m going to call it until he comes up with a proper name).

Online Poker Choking in the Grey Fog of Legislative Uncertainty in Europe – The UK version of the Huffington Post takes a look at the world of online poker in Europe. I’m mostly adding the link dump for the awesome headline.

N.J. Treasurer Estimates $1.2 Billion in First Year Internet Gambling Revenue, Legislators Divided – Not too shabby of a forecast from the state treasurer, I think that would make some people happy.

Foxwoods owner signs online gambling partnership – Everybody is gearing up for online gambling in the US. Opponents would be better off just stepping aside and sticking their hand out. Foxwoods sign a partnership agreement with London-based GameAccount Network.

Posted by at 1:00 pm

January 28, 2013

Caesars Chief Speaks on Online Gaming Hopes

Technology advances coincide with social developments

How will the worlds of social gambling and real-money gambling collide once regulation becomes a reality in the U.S.? Marco Valerio recently sat down one of the people who will have a front-row seat for that intersection, Caesars Interactive Entertainment CEO Mitch Garber, for a wide-ranging interview covering poker and gambling issues both local and global.

Below you’ll find a few of the highlights from their conversation:

More…

Posted by at 11:35 am

January 24, 2013

DonkDown Radio

Allen Kessler, Saramar, Pokerati Dan, etc etc

Lots went down. SealsWithClubs is in Forbes. Saramar is still on her Mexican cashout adventures, now without the wisdom of her teeth. Srslysirius blew up Zac Hart. Marco left too. Hollywood Dave checks in about a facebook free-chip site. Butterfly labs CEO Josh Zerlan is just making shit up as he goes along. So much to cover in this 2+ hr show:

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Posted by at 1:00 pm