Tzvetkoff Sentenced After Turning Informant in Black Friday Case

Tzvetkoff Sentenced After Turning Informant in Black Friday Case

Poker
  On April 15, 2011, the US Department of Justice (DOJ) shook the online poker world by shutting down the US related operations of three internet poker giants, PokerStars, Full Tilt Poker, and Absolute Poker/UB. That day will be known forever in online poker history as "Black Friday". In early June 2014, Daniel Tzvetkoff, 31, was sentenced based on his original guilty plea to one count of operating an illegal gambling operation and one count of conspiracy related the to money laundering that led to Black Friday. Who is Daniel Tzvetkoff? Daniel Tzvetkoff is a resident of Australia who worked as an I.T. consultant for the three poker giants. He was involved in a scheme to help those companies and its principals launder approximately $1 billion US dollars from US…
Read More
Beginner’s Guide Different Types of Poker

Beginner’s Guide Different Types of Poker

Poker
One of the most popular card games of all time, poker is played both professionally and for recreation. You can play poker by yourself, but it is better if you have at least three players for a match. All you need for the game is a good deck of cards (or several, depending on the number of players). Poker has several variations, and some of the most popular ones are:   Straight poker: This is the oldest poker game. In this poker type, each player is dealt a complete hand and is allowed to bet. The player with the highest valued cards is the winner. Players can raise their betting amount several times in each game. Stud poker: The game has several rounds and the cards given to the players…
Read More
Online Casinos Appeal To Poker For Beginners

Online Casinos Appeal To Poker For Beginners

Poker
  Online casinos offer slots. Almost all of them also offer video poker. Video poker involves trying to make the best possible hand using five cards. Sometimes the cards will be wild, which allows for the possibility of better hands because the wild card can sub in for a particular value or suit to create a hand that is worth more. Cards can be discarded once and then new cards will be dealt. This is the premise to other games that includes Five Card Stud and others. As beginners gain confidence with the video poker games, they can then build their way up to some of the other games. One of the most popular forms of poker around the world is Texas Hold ‘Em. This game involves everyone being dealt…
Read More
Bloom Trial Approaches: Will Courts Sentence High-Stakes Hostess?

Bloom Trial Approaches: Will Courts Sentence High-Stakes Hostess?

Poker
  This December authorities caught up with high-stakes gambling hostess, Molly Bloom, as they busted an underground ring of illegal gambling proceedings. Bloom negotiated betting and poker games for the most elite amongst our society. As her trial date of April 30th approaches, the question of whether or not she will be sentenced is fresh on the minds of those in the gambling and poker world. What started out as a fraudulent sports betting scheme of international proportions eventually became a simple domestic high-stakes poker ring. Bloom confessed that she got her start in illegal gambling as part of a network of Russian-American sports betting pools that were heavily catered toward the richest residents Russia had to offer. When this eventually became too risky as more and more red flags…
Read More
Alex Spencer Wins the 2014 Sky Poker UK Poker Championships Main Event

Alex Spencer Wins the 2014 Sky Poker UK Poker Championships Main Event

Poker
  After a hotly contested championship, Alex Spencer from Doncaster took home the 2014 Sky Poker Championship Main Event title. He emerged with victory in the 1,100 pounds buy-in tournament on Sunday, confirming his place as a rising star in the game. With a 125,000 pound first prize on the line, along with a 15,000 pound tournament special, Spencer will be delighted with his achievements. Not only did he win the event, but he had gone into the final day having dominated the previous days of play as well. At only 24 years of age, it is clear that Spencer is one to watch out for, and he is set to take the poker world by storm in the coming years. Going into the final day, which was televised on…
Read More
Poker’s Potential Revealed

Poker’s Potential Revealed

Poker
  Although poker is a system that has had an established presence in the world of gaming all across the globe for decades, it is constantly transforming itself and operating using new platforms when it comes to online play. One of the latest innovations is coming to the gaming world courteous of the founder of BustOut Poker Apparel, Jeff Griffith. His unique take on the classic game is called MMA Bet Club. This new way of gaming is combining the structure of traditional tournaments with the fantasy card style and parlay betting that has made other games popular on many of the well-established gaming sites around the globe. It also incorporates dimensions of betting on sporting events as well that have remained popular such as Martial Arts matches. The Potential…
Read More
Vienna to Host European Poker Tour Stop in 2014

Vienna to Host European Poker Tour Stop in 2014

Poker
The European Poker Tour has decided to host one of its stops for its tour in 2014 in Austria's capital of Vienna. This will be the 6th stop in next year's tour, replacing the stop that took place in Berlin previously. The tour is being put on as a collaboration between EPT and Concord Card Casino, a group that has casino rooms all over Europe and specializes in big events, with 20+ years of experience. The PokerStars team seen in prior seasons of the EPT Tour will also likely be involved and participating as the event prepares to move across Europe. This is not the first time that the European Poker Tour has stopped in Vienna. Vienna has hosted events for the Tour twice in the past, including the conclusion…
Read More
Macau Continues To Drive Record Profits For Wynn

Macau Continues To Drive Record Profits For Wynn

Poker
Macau is currently the biggest gambling market in the world. A place where your uncles used to gamble when they were on leave from the Pacific Theater in their Navy days is now the resort and gambling destination for an entire half of the world. Plus, it's not just a destination for the Eastern Hemisphere. It's a destination for everyone. Steve Wynn has millions invested in multiple projects right now, and his new casino in Cotai will open during Chinese New Year in 2016. This all matches perfectly with the increased revenues that the tiny island of Macau is seeing. Also, Asia could be seen as the place that bails out many domestic projects. While Wynn is having trouble with a project in Massachusetts that Caesar's has pulled out of,…
Read More

Do You Bet More When It’s Cold Outside?

Poker
July 2013 was one of the warmest months of July in the recorded history of the United Kingdom -- the third highest average temperatures since records were first kept in the year 1910. Now, whether the heat had anything to do with it, or whether it had something to do with the publicity over the UK government’s Department for Culture, Media and Sport's recent proposed changes to the licensing and taxation of internet gambling operators, or for some other reason, Brits seemed to be less interested than usual in online gambling in July of 2013. The latest report from independent digital marketing firm Greenlight -- "Gaming Sector Report, Issue 11" -- reflects a sharp decline in consumer online search volumes relating to online gaming, casinos, sports betting, poker and bingo…
Read More

Government Pulls Down PokerStars and 888 Poker Apps From Apple Store

Poker
In any game or sport that brings in some revenue to an individual, the government is seen as the regulatory intermediate and it benefits by taxing the business. If any business is carried on by an individual without the knowledge of the government, it is deemed illegal because the government isn't able to tax or benefit. This is exactly what has been happening in Australia. PokerStars, the largest online casino, has been running a variety of poker games online freely. The run this business through their online applications which are available on the Apple store.  The Apple store acts as the host to millions of applications which are for sales at very affordable prices. anyone with a gadget that can access the Apple store can download and hence play poker. …
Read More