Darren Woods fraud

As per the latest report put out by the Humberside Police, 2011 WSOP bracelet winner an ex-888poker pro, Darren Woods has plead guilty to 9 counts of fraud and accepted he participated in online poker collusion using multiple screen names.

The police report read:

"Darren Woods, aka 'Dooshcom', declared bankrupt in 2006, opened accounts with a number of gambling companies using the details of friends and family, which included his mother and his father, Morteza Gharoon, who became his co-defendant. Counts one to eight on the indictment reflected the opening of the gambling accounts in those third-party names."

Along with Woods, Gharoon, an accused in the case along with his son, plead guilty to money laundering. The duo is now out on bail, as the judge will pronounce the pending sentence on December 17.

From the latest information published by the local police, the poker pro received accusations for multiple incidents of collusion and fraud against the payment processing firm Moneybookers, now Skrill.

Further, the police said:

"Woods is known to have used the electronic payment service 'Moneybookers Ltd,' now known as 'Skrill. He opened accounts in same third-party names, which then allowed him to send monies to and from the gambling accounts. These accounts were affiliated back to himself. The huge amount of monies moved through the accounts enabled each account to benefit from bonuses from 'Moneybookers' but also meant that Woods obtained commission fees also."

The charged faced by the duo date back to the period between 2007 and 2011. This was the time when a thread was started on a popular poker forum regarding Woods.

If legal experts are to be believed, Woods and his father are headed for some jail time. This will serve as a good deterrent to others than indulge in such malpractices and bring disrepute to the online gambling industry.

image courtesy pokernews

 

Tuesday, 28 October 2014 05:46

Real Gaming becomes Nevada's third online poker site

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Real Gaming Nevada Launch

Real Gaming has been in a ‘soft launch” mode since February 2013 as part of its testing phase in Nevada’s online poker market. After being launched by South Point, the site underwent around eight months of rigorous testing. The full launch of the site happened last week.

Players in the state can now play cash games and tournaments with Real Gaming on tablets, smartphones and computers.

As per media reports, Gaming Control Board of Nevada had a meeting in Carson City to talks about the status of Real Gaming. The decision to remove test period tag was taken during this meet, which was ratified by Nevada Gaming Commission. 

CEO, Lawrence Vaughan, said they did not face any problems in terms of player verification. They were also successful in player location with Nevada.

As per Vaughan, there was no question of South Point’s interests in live poker market affecting their online venture and that players would enjoy being part of Real Gaming’s offering. As the site finally came off their testing phase, it is now time for them to market their product with campaigns and promotions.

Real Gaming made some alterations to deposit options. Their customers can now use 7-Eleven and Family Dollar stores to find their player accounts. All they need to do is print out a payment barcode or make use of a mobile device to generate the code from Real Gaming’s website. That code then can be used to make the deposit

Real Gaming now becomes the third online poker site in Nevada. Real Gaming joins WSOP and Ultimate Poker in the state to offer legal online gambling option.

Image courtesy 4flush

 

PokerStars micromillions schedule

PokerStars announced that MicroMillions series would be back for its 9th edition on November 6. The popular series for low stakes tournament players has already raised excitement levels within the online poker community.

For lower-stakes players, Micromillions series is a wonderful opportunity to be part of a grand online poker festival that is at par with any poker series in the world including PokerStars’ World Championship Of Online Poker (WCOOP). Importantly, it only costs a meager sum to be part of this extravaganza.

The complete schedule for the 9th edition is available on the PokerStars website. It comprises of 100 events stretching from buy-ins of $0.11 to $22. A massive $5 million in guaranteed prize money is offered during the series.

Without doubt, the headline event of this series is going to be the MicroMillions 9 $22 Main Event on November 16 with a guaranteed $1 million prize pool.

That $1 million prize pool, to be precise, may end up being only the starting point for this main event. If one remembers, MicroMillions 8 Main Event in July witnessed JulyHungary’s “69FABIAN69” beat a player-field of  $57,886 to take home a whopping $100,668.11.

The MicroMillions series also has a leaderboard to award the top 100 players with Sunday Million tickets. 5 points on the leaderboard are given for each tournament entered with the possibility of earning around 100 points per tournament based on the results.

The biggest prize is a 6-month worth tickets for the Sunday Million. Other smashing prized includes 5 Sunday Million tickets or a single Sunday Million ticket.

With such rewarding stuff on offer, there is no doubt why the online poker world went into t a tizzy on the announcement of the 9th edition of the MicroMillions by the biggest online poker site in the world.

Image courtesy pokerstars

Daniel Negreanu Hall of Fame

Daniel Negreanu and Jack McClelland will be inducted into the Poker Hall of Fame this year. The official induction ceremony for the duo is scheduled for November 9th on the eve of the 2014 WSOP Main Event final table.

40-year-old Negreanu’s name would hardly surprise anyone, as he has been one of the poster boys of the sport across the globe. Jack McClelland, 63, however, has been the unsung hero of the poker industry and his contributions as tournament director for the WSOP in the 1980’ s and other good work for the game has been immense.

Daniel Negreanu has had an incredible poker career with almost $29,796,380 in live tournament earnings. That ranks him atop the ‘All Time Money List’. The Canadian also has 6 WSOP bracelets and two WPT championship titles to his credit. He was named the WSOP Player of the Year in 2004 and 2013.

Speaking on his induction to the Poker Hall of Fame, Daniel Negreanu said:

“It’s an honor to be inducted alongside so many great players that have come before me. An even bigger honor to be recognized at age 40, the same age as the legend Chip Reese. Thank you to the living members of the Poker Hall of Fame and those on the Blue Ribbon Media Panel that voted for me.”

Jack McClelland has been a very efficient and successful WSOP tournament director throughout the 1980’s. In 2002-2013 he was in charge of running the Bellagio poker room in Las Vegas. The 63-year-old was inducted into the HOF for his aid in helping spread the popularity of tournament poker in the world.

Jack McClelland said:

“Being inducted into the class of 2014 Poker Hall of Fame is a very exciting prospect and I’m sure it will be a very humbling experience. I thank everyone involved in this process and to the WSOP, WPT and all of the great people I’ve met and the wonderful people I’ve worked with throughout the years. Thank you for bestowing this honor upon me. I’m very grateful.”

 

Lock Poker, the online poker site owns nearly $3.2 million to players in unprocessed cashout payments. This news was confirmed by a forum poster called ‘IHasTehNutz’. It was initially believed that the poker room owed players around $1 million.

For the last couple of years, almost 394 players have been awaiting payments from Lock Poker. 205 out of those are customers sailing in the same boat with regards to $2.2 million that is still stuck. It is believed that $1.7 million of that amount is believed to be of non-US players.

It was way back in November 2013, that Lock Poker paid the last non-US player. The traffic at the online poker site has reduced considerably and the brand name has taken a severe hit.

John Mehaffeyfrom 4flush.com, said:

“The cash game quality is extremely high. Chips are thrown around the tables like they are worthless. That is, of course, because they just about are. Players have been swapping Lock Poker chips for cash at a rate of about $.06-$.07 on the dollar for months. That means a player at a $200 NL table is really at a $12 or $14 game.”

Lock Poker also has dues to settle with its network. Revolution Gaming Network said:

“Due to lack of payment to the Network and a large growing debt, the Network had no choice but to eventually segregate Lock players almost entirely from Network cash games. The Network issued an official final demand notice to Lock in October and unfortunately must now pursue Lock to the full extent possible by law to recover all monies owed and damages caused.”

Poker Players Alliance (PPA) has taken a tough stand on the matter and has warned players to not deposit or play on the Lock Poker site.

 

Friday, 17 October 2014 05:26

EuroPoker files for bankruptcy in France

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EuroPoker France Bankruptcy

EPMEDIA, the holding company of EuroPoker filed for bankruptcy recently. This news was reported by French gambling’s watchdog ARJEL (Autorité de régulation des jeux en ligne). The company will have to meet in court to discuss matters related to their insolvency.

They made a failed attempt to move form Ongame France to the iPoker France network. The objective behind this move was to provide access to greater player liquidity within the French ipoker market. But they have now reported to Bobigny court that it could no longer able to make its payments.

EPMEDIA has plenty of problems to confront – ensuring consumer protection, regulatory responsibilities etc. Hence, as per the report from ARJEL, the court will monitor financial condition of EPMEDIA. Before going ahead with a decision to name a Judge-Commissioner to supervise the liquidation of assets, if the bankruptcy moves forward.

Next step in this process would be to appoint a liquidator that will determine EPMEDIA’s assets and liabilities as well as the balance sheet. Claims against the assets can be submitted, and the liquidator will provide a list of all claimants, which includes players expecting refunds from their player funds and bonuses, to the Judge-Commissioner.

ARJEL will impose a guarantee initially agreed upon by EPMEDIA, and necessary of subsequent licensees, to payout all the player. However, the agreement does not include tournament tickets, player points, and unexpired bonuses. This is the first-ever regulated online poker bankruptcy case to be presided over ARJEL.

 

Wednesday, 15 October 2014 19:09

PKR exits Italy's online poker market

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PKR exits Italy market

World’s best 3D poker site PKR has stopped their Italy operations indefinitely. The UK-based poker room said continuing operations in the Italian market as no longer commercially viable. 

PKR stated the following on their website:

“We regret to announce that PKR’s Italian platform will be closed starting from October 7. It will no longer possible to proceed with new deposits or to play at the room’s tables.”

It is believed that the company is withdrawing from Italy due to its poor performance. They now intend to maintain their focus on markets that could more effectively drive the business forward.

The poker market in Italy is on the decline as compared to 2013. PokerStars is dominating 70% of the iPoker market in the country.

The exit of PokerStars and Full Tilt Poker from 30 odd grey markets marked the being of an exodus of operators from several international markets.

Online poker industry has seen several big developments recently. There have been several mergers and acquisitons, but more importantly, bog operators have moved out of grey markets in hope of getting a slice of the regulated markets pie by aligning by all the gambling laws in these countries.

 

EPN $50k GTD

Equity Poker Network (EPN) completes 1-year in business in November. They intend to celebrate that with $50,000 guaranteed tournament on Full Flush, the flagship skin of the EPN.

This grand event has been scheduled for November 9 at 5:00 p.m. ET at a buy-in of $35.00 + $3.50. The tournament will allow Re-buys and add-ons. Apart from that, there will be numerous opportunities for players to enter the tournament via satellite at a fraction of the buy-in amount.

One day prior to the $50K GTD is the actual launch date of the EPN and FFP, there will be a $10,000 Members freeroll will take place at 2:00 p.m. ET. To enter the freeroll, two tickets are required. First one will go to the customer that has who made a deposit at the site and the second to the customer that has managed to accumulate 100 points from Nov. 1-8.

 

 

 

PKR withdraws from italy

After the exit of the Amaya Gaming brands (PokerStars and Full Tilt Poker) from grey markets, more online gambling operators of followed suit. The exodus is due to a UK law that requires operators to not generate revenues from grey markets.

Apart from that, most brands are looking towards USA as a lucrative market. After the withdrawal of Aamaya’s premier brands moved out of over 20 grey markets, another Amaya-owned brand, OnGame Poker Network also followed suit.

Not just Amaya but major operators such as Betsson, Poker Heaven, Paf, RedKings and RedBet, have pulled out of such countries in Africa, Asia and the Middle East. 3D poker site PKR has withdrawn from Italy, and Bet365 from Romania.

The major reason for this sudden development is that major operators want to comply by all the rules and regulations of regulated and lucrative markets.

Eric Hollreiser, PokerStars Head of Corp Communications, posted a tweet on micro-blogging site Twitter:

“Re Qs about our withdrawal from some markets: This action aligns PokerStars and Full Tilt with Amaya’s global market policies. These markets represent a tiny fraction of our global revenues and our global customer base.”

However, the reason behind other operators following in the footsteps of Amaya Gaming is difficult to understand as of now. Bet365 generated a major chunk of their £1.3 billion revenues from grey markets, such as China in 2013.

Chinese government has stepped up their efforts to curb residents from playing on gambling websites. Recently, there were cases of few people being sent to jail for playing on the Bet365 website in a Chinese province.

Bet365 statement on the matter read:

“There is no legislation that expressly prohibits the supply of remote gambling services into China by operators who are based outside China. Bet365 has no people, assets or infrastructure in China and does not engage any agent, aggregators or intermediaries, for any purpose, in China. In the view of bet365 and its lawyers, Chinese law does not extend to the provision of services into China by gambling operators and service providers who themselves have no nexus with the territory. Any allegation of illegality on the part of bet 365 is therefore untrue.”

These are really interesting times for iGaming industry observers and it can be said players would be very anxious as to what will happen next.

 

isai scheinberg tournament win

Despite taking a backseat from day-to-day online poker operations, former PokerStars owner still loves a good game of poker. Scheinberg won the UK & Ireland Poker Tour (UKIPT) £2,200 High Roller tournament on the Isle of Man.

The Canadian businessman won £13,850 ($22,253), and beating several poker pros that included the likes of Denmark’s Mickey Petersen. Incidentally, this was Scheinberg’s first career win. Before this tournament, Scheinberg’s best performance came at the 2008 EPT Monte Carlo €1,070 NL event, where he managed an 8th place finish for €11,400 ($18,039).

The longtime czar of the online poker industry is famous being reclusive. He is not only blacklisted from doing business in the USA but also has an indictment over him. Hence this was a rare moment where Scheinberg posed for photographs.

Before this, there are hardly any photos of the PokerStars founder on the Internet. Hence there was a buzz at the event and everyone was determined to not miss a once in a lifetime opportunity of clicking a photo with one of greatest gaming entrepreneurs ever.

Online gambling journalist and broadcaster James Hartigan posted the following on micro-blogging site Twitter:

“I’ve witnessed many great poker moments. Isai Scheinberg winning the #UKIPTIoM HR in front of scores of PokerStars staff ranks pretty high.”

It is yet to be determined whether Scheinberg will compete regularly in the upcoming poker tournaments. But one thing is certain; the former PokerStars owner was quite happy with his win and looked extremely chuffed to pose with the trophy along with his former employees.

After the acquisition of PokerStars, Amaya Gaming paid a whopping $4.9 billion. So we don't think Scheinberg will be looking to poker tournaments to make a living!

Image courtesy pokerstars blog