Features

In-depth analysis of specific topics.

“DOJ Plans Action Against Merge”

September 8, 2011 - 12:15 PM EDT
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“DOJ Plans Action Against Merge”

Subject: Poker has recently been told of planned US Department of Justice action against the Merge Gaming Network or some part of it. According to our sources, the US Attorney's Office for the District of Maryland plans to seize the assets of payment processors who facilitated transactions between the Merge Network and its US customers. It is unclear exactly which payment processors are reportedly being targeted, whether indictments are planned in addition to seizures, or whether the DOJ intends to seize domain names as well. ...

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FTP’s August 30th Statement

August 31, 2011 - 12:12 AM EDT
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FTP’s August 30th Statement

Subject: Poker has received the following unprecedented statement from Full Tilt Poker: As is obvious from the events that have transpired since April 15th, Full Tilt Poker was not prepared for the far-reaching, US government enforcement effort of Black Friday. The events of Black Friday came on the heels of prior government enforcement activities and significant theft. Over the two years preceding Black Friday, the US government seized approximately $115M of player funds located in U.S....

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The Colorful Cast of Characters Part I: Ira Rubin

August 24, 2011 - 11:28 PM EDT
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The Colorful Cast of Characters Part I: Ira Rubin

Who are the real people indicted by the DOJ on Black Friday? Subject: Poker asked this question and found some interesting answers. This is the first in a series giving readers some insight into the who's who of those in the DOJ's crosshairs. What's it like to be on the run from the law for years? Are you constantly looking over your shoulder to see who's following? Can you really always stay one step ahead or...

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Interview with Jungleman about Girah

August 12, 2011 - 2:45 PM EDT
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Interview with Jungleman about Girah

Daniel "Jungleman" Cates is famous in the poker world for playing high stakes and taking the Durrrr Challenge. Recently, he became involved in a controversy with José "Girah" Macedo. Macedo became famous in the poker world in January when a new account on the Two Plus Two Poker forums posted that an anonymous Portuguese "poker prodigy" had won 2.5 million euros in a year. Both Cates and his friend, Haseeb "DOG IS HEAD" Qureshi, posted...

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FTP’s Financial Relationship with Two Pros

July 29, 2011 - 3:36 PM EDT
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FTP’s Financial Relationship with Two Pros

From June 2009 until April 2011, Phil Ivey borrowed money from Full Tilt Poker at least eighteen times, totalling at least $10,715,000, repaid loaned money to the poker site at least five times, totalling at least $5 million, and was paid at least $1.2 million by the site in various marketing payments and perks. Over a non-contiguous eighteen-month period from 2008, 2010, and 2011, David Benyamine earned at least $800,000 from the poker site...

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Interview with Presidential Candidate Gary Johnson – Part II

July 19, 2011 - 4:11 PM EDT
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Interview with Presidential Candidate Gary Johnson – Part II

Gary Johnson is the former Governor of New Mexico. He served in that role from 1995 to 2003, making him the first Governor of New Mexico to serve two full four-year terms after the term limit was increased from one to two in 1991. He is now running for President of the United States as a Republican. His political views are essentially libertarian, stressing small government. As Governor of New Mexico, he vetoed a record...

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Interview with Presidential Candidate Gary Johnson – Part I

July 18, 2011 - 3:12 PM EDT
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Interview with Presidential Candidate Gary Johnson – Part I

Gary Johnson is the former Governor of New Mexico. He served in that role from 1995 to 2003, making him the first Governor of New Mexico to serve two full four-year terms after the term limit was increased from one to two in 1991. He is now running for President of the United States as a Republican. His political views are essentially libertarian, stressing small government. As Governor of New Mexico, he vetoed a...

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Jack Binion Considers Investing in FTP

June 26, 2011 - 11:02 PM EDT
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Jack Binion Considers Investing in FTP

Subject: Poker has heard from numerous sources that Jack Binion is in advanced talks with Full Tilt Poker about potentially investing in the poker site. Full Tilt has failed to repay US players since some of its executives and payment processors were indicted on April 15th. After Black Friday, many have speculated that Full Tilt simply did not have the money to repay US players. The site has confirmed in public statements that it is...

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Barton’s iPoker Bill Released

June 24, 2011 - 6:24 AM EDT
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Barton’s iPoker Bill Released

Representative Joe Barton has released the current full text of his proposed bill to license and regulate online poker in the United States. If passed, the bill, named the "Internet Gambling Prohibition, Poker Consumer Protection, and Strengthening UIGEA Act of 2011," would allow for the licensing and regulation of online poker alone. The bill as currently written would amend federal laws that relate to online gambling to explicitly allow licensed sites to spread online poker. It would provide...

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FTP’s $60M Shortfall

June 16, 2011 - 3:33 PM EDT
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FTP’s $60M Shortfall

From at least September of 2010 to February of 2011, Full Tilt Poker was crediting funds to US player accounts for deposits that never left their bank accounts. As has always been the case, players who deposited by electronic funds transfer (also known as EFTs or "e-checks") received the deposited funds instantly in their Full Tilt Poker accounts. Typically, these funds would be debited from the players' bank accounts a few business days after their...

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