Players Jumping Ship
by Carson Cashman | April 21, 2011 Given the recent federal action against US-facing online poker rooms, legitimate non-US poker rooms are starting to make power grabs to scoop up players amidst the fallout. Confidence in the former US-friendly sites is at a new low and non-US players are starting to jump ship in favor of older and more secure places to play poker. Despite the fact that US players are high and dry right now, it’s ironically making it a great time to play for everyone else due to these new lucrative incentives. For instance, PartyPoker recently poured money into a group of new programs for players. Take a look at what they’re doing. Keep Your VIP Status – One huge deterrent for switching poker rooms is losing your hard-earned VIP status. Not a problem, says PartyPoker. A player needs to only register a new account, then send proof of your VIP status from another poker room to vip@palladiumlounge.com. If they earn 1000 points within 15 days they’ll upgrade to VIP status. 100% Sign Up Bonus – PartyPoker is offering a 100% matching sign-up/top off bonus, up to $500. Bonus code: THP500 The Gladiator – This promo rewards players for playing consistently throughout May. Those rewards range from entries into $2500-$25,000 freerolls to straight cash bonuses or even a seat in the 2011 WSOP Main Event. We like this one because it’s all gravy. You get your usual points and then get additional stuff on top for nothing. A player needs only to opt in to reap the rewards. Higher Deposits and Transfers – This move makes sense. PartyPoker is positioning itself to gain a larger share of the deposit pie. I speculate they’re trying to attract the deeper bankrolls by raising transaction limits. Will more money on deposit soften up the games? One can hope. $1 Million Prize Pool Tournament – The Spring Millions tournament will be held at PartyPoker on May 1st. Here’s a look at the Spring Millions qualifying structure. They’re putting up qualifiers starting at $1. Daily WSOP Qualifiers – The WSOP should be very interesting this year. How will the turnout be? Party is giving out a $14,000 WSOP package every single day. Here’s more info on qualifying. These bonuses are positioning PartyPoker to be at the front of the pack when/if regulation comes down in the U.S. The online poker room with the most players in the next few months is the one that Americans will more-likely flock toward. We aren’t going to see any new room pop up that can compete with these promotions. Not to mention that Party is probably the most secure of all of them, in every description of the word. We know, we’ve been in their London office…it’s like the freaking Pentagon. It’s all biometric scanners and metal. 
Any company that takes security that seriously is going to grab up the players, because online security is what everyone is concerned about right now. Copyright 2011 Ace Nine, LLC Legal | Contact Us | Site Map
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Full Tilt Poker Acquisition Agreement Signed with Bernard Tapie Group (UPDATED)
September 30 2011, Elaine Chaivarlis Related Articles Department of Justice Releases Update Regarding Full Tilt Poker & Player Funds Alderney Gaming Control Commission Revokes Full Tilt Poker’s License (UPDATED) The Legal Outlook for Full Tilt Poker Featuring Expert Maurice “Mac” VerStandig Share It Tags Print On Friday, Full Tilt Poker announced on PokerStrategy.com that an acquisition agreement was signed with the Bernard Tapie Group. This comes just one day after the Alderney Gambling Control Commission revoked Full Tilt Poker’s license. The announcement was made by Laurent Tapie, managing director of the Bernard Tapie Group. Laurent Tapie is the son of Bernard Tapie, a French businessman and politician. Bernard Tapie is credited with rebuilding a number of bankrupt companies and making them profitable his most famous is Adidas, which he owned from 1990 to 1993. He also owned a cycling team that won the Tour de France twice and a soccer club that won the French Championship five times in a row, as well as the Champions League in 1993. Bernard Tapie’s record isn’t only littered with wins however, in 1993, he was accused of fixing a match between his soccer club and another, for which he served a seven-month prison sentence. Tapie was also convicted of tax fraud and was sued by his banker for repayment of a $240 million loan. Reprinted below is the press release in full: Full Tilt Poker and Groupe Bernard Tapie Sign Acquisition Agreement Dublin, Ireland (September 30, 2011) Laurent Tapie, Managing Director of Groupe Bernard Tapie announced today that the group has signed an exclusive agreement with the Board of Directors of Full Tilt Poker to acquire the company and all of its associated assets. This agreement, which includes the repayment of Full Tilt Pokers world-wide players in full, is subject to several conditions; the first of which is a favorable resolution with the United States Department of Justice. Discussions with the United States Department of Justice will begin immediately. Groupe Bernard Tapie has over 30 years of experience in the salvation of financially distressed businesses, with over 40 companies acquired and managed to profitability, the most well-known being the sport equipment giant, Adidas. Updated 9:45 a.m. PDT: Laurent Tapie granted an exclusive interview with iGaming France to discuss the acquisition of Full Tilt Poker. According to iGaming France, the agreement includes “repayment of Full Tilt Poker’s world-wide players in full, and is subject to several conditions; the first of which is a favorable resolution with the United States Department of Justice.” Tapie didn’t disclose how much money the acquisition would cost his company, but did say he “wouldn’t have undertaken such a project if he didn’t believe in its potential.” He also told iGaming France, “We have shown that we have the funds necessary to repay player debts. We want to find ways where we dont have to put in all the money and will be talking to the US Department of Justice next week.” It seems Tapie believes in the Full Tilt Poker brand and said he would keep it. “The brand is not in question, its a well-known brand and the technology is widely recognized as being possibly the best in the industry. The management of the company is being questioned and it will be changed (should the takeover be concluded). I believe we have the tools necessary to once again make the site one of the leaders in the online poker sector.” According to iGaming France, he hopes to have the site reopened by Jan. 2012. Follow PokerNews on Twitter for up-to-the-minute news. Follow Elaine Chaivarlis on Twitter @LaneyLV Recent Articles Improve Your Game with MyStatistics at Chilipoker PokerNews Weekly: September 30, 2011 The Nightly Turbo: WSOPE Caesars Cup Teams, High Stakes Poker in STL, and More Department of Justice Releases Update Regarding Full Tilt Poker & Player Funds Player Reactions to Last Week’s Full Tilt Poker Allegations Most Popular This Week Department of Justice Issues Warrant In Rem Against Bank Accounts The Nightly Turbo: Online Poker Petition, T.J. Cloutier on Full Tilt Poker, and More The Legal Outlook for Full Tilt Poker Featuring Expert Maurice “Mac” VerStandig The Nightly Turbo: Full Tilt Poker Statement, Sure Bet Poker Signs Trishelle, and More Stay Stacked: The Wrong Grind for Your Grind? Comments
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U.S. House to Hold Online Poker Hearing
Submitted on Tue, 2010-05-18 00:00 The U.S. House Ways and Means Committee will meet on May 19, 2010 at 9:30 am in the Longworth House Office Building. The focus of the hearing is to consider the fate of online poker in the U.S. in connection with “The Unlawful Internet Gambling Enforcement Act” (UIGEA) that is scheduled to go into effect on June 1, 2010. Invited Testimony The U.S. House committee press release has said that the point is to “hear witnesses, oral testimony at this hearing will be from invited witnesses only.” The release also notes, “However, any individual or organization not scheduled for an oral appearance may submit a written statement for consideration by the Committee and for inclusion in the printed record of the hearing.” What is the UIGEA? This law prohibits anyone from accepting payments from someone if they know those payments are connected to illegal Internet gambling. However numerous Representative and Senators have been involved in excluding poker, which is considered to be a game of skill, from the law. Importance of this Meeting The meeting could be the start of the a movement in the U.S. House and Senate that would legalize online poker. There are numerous bills on tap that are designed to protect online poker in the U.S.
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Victor Chandler Poker Offers Facebook Promo
Victor Chandler Poker has launched an exciting online poker and Facebook promotion. The Facebook Free Play Poker League online poker promotion will last for a full month. Beginning on 29th August and ending on 28th September 2011, and taking place every Monday and every Wednesday, this exciting Victor Chandler Facebook promotion will be running, and each event will come with a prize pool of 50. The events that take place every Monday and Wednesday come with no entry fee. However, these events are only open to those who use Facebook, and have clicked on the Like button on the Victor Chandler Facebook fan page. This exclusive Facebook online poker promotion comes with a special and unique password for each player. The unique password is specially chosen for each event that will take place. Those who wish to take part in one of the Monday or Wednesday online poker Victor Chandler Facebook promotions, simply need to make sure that they have found the Victor Chandler Poker fan page on Facebook. As explained before, players need to Like this fan page on Facebook. On any given day of this online poker promotion, players who wish to enter need to have already have Liked the fan page by 17:00 CET. Once the player has Liked the page, they will be sent a password through a Facebook update. Victor Chandler Poker will not only pay out the 50 Euro prize pool each time, but will also give the players who are the top finishers for each of the events some leaderboard points. Those player that finish within the top 40 leaderboard finishers will share a prize of 1,000. The top 200 leaderboard finishers each receive a seat in a 500 freeroll that will take place on October 3rd. For those who finish in the money in the freeroll, and have also earned at least 25 VIP points, they will receive free wagers on Victor Chandler Sports that equal the amount that they won on the freeroll. Related Posts Microgaming Poker Network Improves 6th Anniversary of Titan Poker Party Poker Changes Rake Merge Poker Network Ready for US Players French Court Rules Texas HoldEm a Game of Skill Share on Facebook, Twitter, MySpace…
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Merge Poker Network Ready for US Players
As a result of the Black Friday events that took place in the United States, Merge Poker stopped accepting players from the United States. This move was most certainly as a result of Black Friday, however, it was not was one of the US online poker sites that were directly affected by a forced closure of business. For the past two months, since Black Friday, US players have not been able to play online poker on the Merge Poker Network. The online poker network is now ready to accept their US players again, and to have new players signing up with the online poker network. The reason for the half in services is that after the shut down and closure of Full Tilt Poker, online poker players in the United States w ere desperately looking for an online poker room to play in that would accept players from the US. Many of these players turned to online poker sites operated by the Merge Poker Network. Fairly soon after this took place, the online poker network could not cope with the overwhelming amount of traffic that had begun to use the Merge Poker Network. Merge has since worked on its servers, making sure that they could handle more traffic. Although the fix still needs some work, the network will soon be able to cope with the large amount of business that has been generated as a result of Full Tilt Poker and other online poker sites being seized. The Merge Gaming Network has found that it has an increase of web traffic by around 75 percent. The traffic simply proved to be too much for the network to handle, but now players located in the United States can join in the poker fun again. As a result of Black Friday, the Merge Poker Network is likely to become the biggest, or at least one of the biggest, online poker networks in the US. Related Posts Microgaming Poker Network Improves Victor Chandler Poker Offers Facebook Promo 6th Anniversary of Titan Poker Party Poker Changes Rake French Court Rules Texas HoldEm a Game of Skill Share on Facebook, Twitter, MySpace…
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