News

Objective news from the poker world.

Goodbye from Subject: Poker

February 4, 2012 - 5:21 PM EDT
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Goodbye from Subject: Poker

Subject: Poker will not be publishing any more articles. Currently, Thomas Bakker and I are starting a poker security consulting company. As a result, I can no longer guarantee my independence as editor-in-chief. Subject: Poker's founding principle is independence, so it would be inappropriate for me to continue Subject: Poker. The website will stay up with all articles intact for the foreseeable future, but it will naturally become a bit of a relic as time passes and no new articles are added. I hope that it will continue to prove a useful resource for the poker community. Diamond Flush has decided to start a new poker news site, Diamond Flush Poker. Diamond has been an incredible member of our team who's written many of our...

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Judge Dismisses Most of FTP Class Action

February 1, 2012 - 12:42 AM EDT
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Judge Dismisses Most of FTP Class Action

On Monday, Judge Leonard Sand of the Southern District of New York dismissed many of the claims raised in a class action lawsuit against Full Tilt Poker, many of its companies, many of its owners, and others associated with the organization. The suit, which was originally filed on June 30th on behalf of all US players, lists thirteen individual defendants: Ray Bitar, Nelson Burtnick, Howard Lederer, Phil Ivey, Chris Ferguson, John Juanda, Jennifer Harman-Traniello, Phil Gordon,...

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Chris Ferguson’s Secret FTP Bank Accounts and Threats to GBT Deal

January 25, 2012 - 9:03 PM EDT
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Chris Ferguson’s Secret FTP Bank Accounts and Threats to GBT Deal

From at least April of 2007, Chris Ferguson funnelled just under $60 million of his Full Tilt distribution payments into bank accounts held for him in the name of Pocket Kings Ltd, in addition to the roughly $25 million that the US Department of Justice reported that he received in their amended civil complaint. He successfully withdrew or spent about...

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Superuser Scandal Victims Sue Old UB

January 17, 2012 - 3:51 PM EDT
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Superuser Scandal Victims Sue Old UB

Correction posted 1/18/2011 12:18 AM EST. Eight poker pros and alleged victims of the Ultimate Bet superuser scandal have filed a civil suit against Excapsa Software, Inc., the company behind Ultimate Bet until 2006. The plaintiffs are Daniel "Ashman" Ashman, Brad Booth, Thomas "tommyboy83" Koral, Greg "Captain Zeebo" Laverly, Dave Lizmi, Daniel "King Dan" Smith, Joseph Sanders,...

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FTP and GBT Agree on Assets; DOJ Next in the Queue

December 15, 2011 - 10:41 AM EDT
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FTP and GBT Agree on Assets; DOJ Next in the Queue

Subject: Poker can now confirm that Full Tilt Poker and Groupe Bernard Tapie have executed an agreement to further the transfer of FTP's assets to GBT. This agreement was necessary to pave the way for the US Department of Justice to take possession of the assets voluntarily being forfeited by Full Tilt. This was the next step in the complicated process of transferring Full Tilt assets (by way of the US Department of Justice) to Groupe Bernard Tapie....

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Elie, Campos Argue Motion to Dismiss

December 5, 2011 - 6:09 PM EDT
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Scales of justice

On December 1, oral arguments were heard in Manhattan Federal Court before NY Federal Judge Lawrence Kaplan, in the motion to dismiss the UIGEA, IGBA, and fraud charges facing two of those criminally charged on Black Friday. Before a gallery full of prosecutors, attorneys, law enforcement and journalists (including Subject: Poker), attorneys for John Campos and Chad Elie challenged the legality of the charges facing their clients. Judge Kaplan has yet to rule on the motion,...

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Large Amounts of Personal Data Leaked from UB (Update: Site down)

December 2, 2011 - 6:54 PM EDT
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Large Amounts of Personal Data Leaked from UB (Update: Site down)

A large amount of personal data about UB players has been leaked. The data, which was posted publicly on the internet, appears to contain information about every player with an account at Ultimate Bet. Subject: Poker estimates that roughly 3.5 million accounts are affected. Accounts on UB's sister site, Absolute Poker, are not included. The leaked data includes the following: Full name Screen name E-mail address Phone number Mailing address Account balance IP address Deposit methods used (e.g. "echeck") Birth date Account number (unique identifier for...

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BREAKING: DOJ and GBT Ink Their Deal, FTP/GBT Next in the Queue

November 17, 2011 - 7:57 PM EDT
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BREAKING: DOJ and GBT Ink Their Deal, FTP/GBT Next in the Queue

Following the longest two and a half weeks for online poker players since Black Friday, Subject: Poker can confirm that the US Attorney's Office for the Southern District of New York, and Group Bernard Tapie have signed their letter agreement, allowing for the acquisition of the assets of Full Tilt Poker by GBT once FTP have inked their side of the agreement. Mr. Behn Dayanim, the Washington, D.C. attorney for GBT in this matter, offered the following...

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FTP Issues Statement Re: GBT/DOJ Agreement

November 17, 2011 - 7:57 PM EDT
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FTP Issues Statement Re: GBT/DOJ Agreement

Full Tilt gave Subject: Poker the following statement earlier today: Full Tilt Poker is pleased that the terms of the agreement between Groupe Bernard Tapie (GBT) and the Department of Justice have been finalized, and that the agreement provides forGBT to repay or make whole players outside of the United States and provides a mechanism for U.S. players to get repaid.Since Black Friday, repaying customers has been FTP’s number one priority. Ray Bitar, co-Founder and CEO...

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BREAKING: GBT and DOJ Strike Deal, FTP Sale Pending

November 1, 2011 - 2:26 PM EDT
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BREAKING: GBT and DOJ Strike Deal, FTP Sale Pending

After weeks of waiting, Subject: Poker can confirm that Groupe Bernard Tapie and the US Department of Justice have come to terms that allow GBT's acquisition of Full Tilt Poker to continue. If FTP's current shareholders agree to acquisition of their company, this deal with the DOJ will provide for payment of all players worldwide. Multiple sources have confirmed to S:P that the following email went out this morning to Tiltware shareholders from Ray Bitar: Dear...

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