Main Headlines
Alantic Club Fails to Find a PokerStars Replacement, Files for Bankruptcy
Assets dwarfed by debts, but hedge fund puts up $15m to get the casino through the Chapter 11 proceedings.
- The Atlantic Club Casino in New Jersey has filed for Chapter 11 bankruptcy.
- After it backed off from a deal with PokerStars, it has failed to find a new partner.
- Owners Colony Capital are looking for a sale to be arranged at a minimum price of $15m.
- The casino has assets in excess of $15m, but debts and pension obligations are several times larger.
Top Videos From the 2013 WSOP Final Table
Catch up on two hectic days of action: Interviews and feature highlights thanks to top video coverage from Poker News, Bluff, Cardplayer and Quadjacks.
- Our picks of the best video content from the two days of action at the WSOP November Nine.
DiCristina Poker Case Referred to US Supreme Court
The Supreme Court has been asked to review the DiCristina case on the basis of two important points of law.
BorgataPoker.com, BorgataCasino.com Debut for Prelaunch Signups
Mailing list for interested players now live on Borgata’s new domains.
- The Atlantic City casino, the first casino in the state to receive a permit to offer online gaming, will launch its online games on BorgataPoker.com and BorgataCasino.com.
- The casino has partnered with bwin.party for its online platform, and expects to be one of the first to go live when online gaming launches later this month.
Who was the Biggest Winner At WSOP Final Table? The IRS
Russ Fox estimates that the Internal Revenue Service will make a cool $8.6 million in tax from the November Nine—greater than the first-place prize.
- Russ Fox from Clayton Financial in Nevada recently took the time to break down the tax implications from the WSOP Final Table.
- Fox estimates that Riess with his $8,359.531 in winnings is going to have to shell out roughly $3,478,818 to the IRS.
- Jay Farber, who collected $5,174,357 for his runner up finish is expected to owe about $2,026,527 to the US government.
- The IRS is looking to take in $8,626,311 dollars, a total larger than the initial pre-tax first place prize money.
PPA Meets DOJ to Discuss Full Tilt Remissions Process, UltimateBet and Absolute Poker Cases
First Full Tilt remission checks should go out at the end of the first quarter of 2014. 80% of the 35,000 claims had been accepted by players.
- The PPA has held a conference call with the DOJ.
- The PPA received advice that pushing for fraud charges against AP/UP could help players get reimbursed.
- Rich Muny cautioned that players getting money for losses on AP/UB is still a longshot.
- The DOJ reported on the progress of the Full Tilt Remissions process and said that checks could go out at the end of Q1 of 2014.
GPI and Living It, Loving It Support €10k “Player of Series” Event at Prague Poker Festival
The special leaderboard will have a minimum €10k prize pool to be split between the top three finishers.
- GPI and Living it Loving it have put up a €10k prize pool for a Player of the Series tournament at the Prague Poker Festival.
- The Festival runs from December 5 – 22 at Andel’s Hotel & Card Casino and features the WPT Prague.
More from Around the Web:
Dmoongirl’s video blog details her time in Galway and encounters with Gus Hansen and Isildur1 youtube.com
Danielle Anderson, aka Dmoongirl, one of the main protagonists in the movie “Bet Raise Fold,” earned a sponsorship from Full Tilt Poker which took her to the Full Tilt Galway Festival.
In her first video blog, Danielle talks about her trip to Ireland, playing drinking games with Gus Hansen and patching up Isildur the ninja.
Ryan Riess wins WSOP Main Event – ESPN clip espn.go.com
Perhaps the clip that people will remember the most from the 2013 World Series of Poker is Ryan Reiss’ reaction as the final hand played out. Relive the moment when “The Beast” became the king of the poker jungle.
Marco Valerio officially confirms his departure from QuadJacks pokertelegraph.com
The one time voice of QuadJacks, Marco Valerio, made news when he first left and then returned to the poker website where he first made a name for himself. With little fanfare, the respected poker journalist has once again has left his post as general manager of QuadJacks and sat down for a short audio interview with the little known Poker Telegraph to confirm it.
TMZ interviews Jay Farber tmz.com
WSOP Main Event Runner-up Jay Farber is calm and collected in front of the TMZ camera as he talks about what he’s going to do with his $5m payday, how he feels about sunglasses at the table and whether or not he’s ever ripped anything off from a hotel room. Reiss may have taken it down, but Farber seems to be handling 2nd place in stride.
Podcast: 11/06/2013 Poker Action Line Poker Action Line
BIG Dave and Joe review the November 9 and Ryan Riess’ dominating victory. BIG Dave talks about an “All-In or Fold” tournament he played in, and the guys discuss the latest news in the poker world.
Podcast: A cornucopia of WSOP Ante Up! Pokercast
We have a new world champ, plus some other WSOP conversations and we complete O’Mally’s Move.
Podcast: Episode 8 of “Ask Alex” with Alex “Assassinato” Fitzgerald One Outer
This is Episode 8 of “Ask Alex” on the Oneouter.com podcast. You know the script by now, myself and Alex chat away about life and gambling and answer all the questions that the listeners send in. In this episode we answer lots of strategy questions including… What poker software Alex suggests. Advice on building from a […]
Training Video: WCOOP Main Event Warmup Hand History Review with Andrew Brokos Tournament Poker Edge
Andrew “foucault82” Brokos is back with another in-depth hand history review from WCOOP. This time he breaks down his run in the the WCOOP Main Event Warmup. This is a 6 part series.
Training Video: High Stakes Zoom LeggoPoker
Chris sits at 4 tables of high stakes NL Zoom and provides commentary in real time. Action is sure to be fast paced with lots of interesting spots!
Training Video: Pbogz November 2013 Leakfinder (Turbo Speed) Part 1 HUSNG
Pbogz reviews play for a friend and student at the low stakes turbo games. The match has no reads to begin with, so Paul discusses how to adapt as new information becomes present.
Exclusive Articles on pokerfuse PRO:
WSOP.com Overtakes Ultimate Poker as Nevada Traffic Reaches New High
It may still be just a fraction of the total US-facing online poker market, but Nevada’s nascent online poker industry continues to grow as latecomer WSOP.com overtakes competitor Ultimate Poker.
Amaya to Provide bwin.party with Online Casino Games in New Jersey, Europe
bwin.party will integrate Amaya Gaming Group’s casino games into its platform for Borgata’s online gaming plans in New Jersey, as well as into its primary European operations, Amaya announced Thursday.
Malta LGA Chairman and CEO Resign
Mario Galea and Reuben Portanier step down. Mario Galea, Chairman of the Board, and Reuben Portanier, CEO, have resigned from their posts at the Lotteries & Gaming Authority of Malta, it was announced Thursday.
DiCristina Poker Case Referred to US Supreme Court
The Supreme Court has been asked to review the DiCristina case on the basis of two important points of law. Bicycle shop owner Lawrence DiCristina, prosecuted for running an illegal poker game, has petitioned the US Supreme Court to rule on the case.
Under the Gun
The week ahead for the online poker industry: Conferences, live tournaments, online promotions and other important industry dates. Conferences
UK Quarterly Survey Reports 15% Participation in Online Gambling
Total gambling participation 2% down on last year. The UK Gambling Commission (UKGC) carries out a quarterly survey entitled: “Gambling participation: activities and mode of access.” As new laws and taxes are to be introduced next year, the survey provides a useful baseline from which the impact of the new laws can be measured.
