Posts Tagged ‘Texas’

Feds Give Texas Police Department $5 Million For Helping Bust $5.4 Billion Sports Betting Ring In 2011

Last week, the Plano Police Department in Texas was presented with a $ 4,753,841.40 check from the federal government for their joint efforts in dismantling an Internet gambling operation in 2011. The more than decade-long sports betting ring handled more than $ 5.4 billion.

“Taking away the assets from these illegal organizations hits criminals where it hurts the most – it deprives them of their profits,” Madie Branch, Acting Special Agent in Charge of IRS Criminal Investigation, said in a statement. “Today, we are transferring those seized profits from the criminals and giving them back to the communities.”

The operation was run over the Internet and based out of North Texas.

Financial transactions were run through servers and websites on the Caribbean island of Curacao, where gambling is legal, and then back to states within the U.S.

The investigation identified 18 individuals who conspired to accept wagers on college and pro sporting events through about 25 websites hosted overseas. They provided sports bettors with a personal login code and password to facilitate wages, helping to conceal their identities.

In March 2011, law enforcement officers executed search warrants at residences, offices and safe-deposit boxes belonging to defendants. During the the investigation, numerous bank and investment accounts, automobiles, businesses, and real properties were seized.

While the operation handled more than $ 5.4 billion over the years, it was alleged that $ 200 million in illegal earnings were reaped by the defendants from January 2007 to February 2011.

Over time, all 18 defendants pleaded guilty to misconduct related to the criminal enterprise.

Albert Sydney Reed, Jr., 57, of Southlake, Texas, was the ringleader and received a year in prison, in addition to hefty financial loss. Others received probation.

Recently, a massive sports betting ring with alleged links to the Russian mob was busted by the federal government in New York City. That case is still unfolding.

Gambling on the Internet is only legal on state-sanctioned sites in Nevada, New Jersey and Delaware, although none of them have yet taken a real-money sports bet over the Internet.

According to the American Gaming Association, the 1992 Professional and Amateur Sports Protection Act banned betting on sporting events except in those states where such betting was legal at the time the law was approved, or in any state that legalized sports betting within a year of that date. Four states—Nevada, Oregon, Delaware, and Montana—qualified.

Nevada is the only state where betting on sports is taking place, but two states—Delaware and New Jersey—have taken steps to legalize sports books similar to those in Nevada.

New Jersey is stuck in a confrontation with the feds about such an industry.

Back to Texas — the game of Texas hold’em isn’t even legal there, though some lawmakers have been trying for years to bring the game to the state in the form of commercial card rooms.

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CardPlayer Poker News


Published on 12:31 pm by Administrator

Category: Poker

Tags: , $5.4, 2011, Betting, Billion, Bust, Department, Feds, Give, Helping, Million, Police, Ring, Sports., Texas

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Is Texas Getting Serious About Poker?

Though any gambling expansion proposal in Texas faces very long odds, some lawmakers there are trying to continue the fight to bring poker to the Lone Star State.

Since Texas has limited gambling — compared to some states — a venture into the online poker realm seems farfetched. However, a pair of similar measures filed Tuesday would allow Texas to opt into a federal online poker regulatory regime, should lawmakers on Capitol Hill ever approve legislation. Senate Bill No. 1103 and Senate Joint Resolution No. 43 are contingent on Congress acting. A Congressman from Texas is expected to reintroduce such a measure this year, but his efforts also face a tough road ahead.

House Bill No. 2098, which was filed on Feb. 28, aims to legalize “social poker gaming.” Establishments authorized to run this form of poker would only be allowed to offer games to “registered players” and the house couldn’t profit — kind of like a home game.

Another measure currently being pondered is House Bill No. 292, which was introduced in December and hasn’t had any action since mid-February. The legislation would establish “regulated poker gaming” at licensed gambling facilities, such as tribal joints, bingo halls and pari-mutuels, which Texas already has. Traditional casinos are not legal in the state.

The state has 26 million people, and so it could bring in quite a lot of revenue from poker, whether it’s on the Internet or in the brick-and-mortar setting.

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CardPlayer Poker News


Published on 5:30 pm by Administrator

Category: Poker

Tags: , About, Getting, Poker, Serious, Texas

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Gambling Initiatives In Texas Face Long Odds

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CardPlayer Poker News


Published on 5:29 am by Administrator

Category: Poker

Tags: , Face, Gambling, Initiatives, Long, Odds, Texas

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The Nightly Turbo: Texas Proposes Online Poker Ban, European Poker Awards Nominations

Nightly Turbo

The presents have been opened, champagne bottles have been emptied, and Antonio Esfandiari has survived two New Year’s Eve parties. Now, it’s time to get back to the daily grind here at PokerNews. In the first Nightly Turbo of 2013, we’re covering a proposed Texas bill that would ban online poker, the nominations for the European Poker Awards, and more.

In Case You Missed It:

The 2013 PokerStars Caribbean Adventure is set to kick off later this week. Chad Holloway takes an all-inclusive look at the first 10 years of the Main Event.

What can the poker world expect in 2013? Rich Ryan makes 10 bold predictions for the coming year.

Another year is in the books, and little progress was made in legalizing online poker in the U.S. Matthew Kredell examines in his 2012 Legislative Year in Review.

A number of 2012 Player of the Year awards are being handed out this week. Dan Sun received the honor from the Mid-States Poker Tour.

Texas Considers Online Poker Ban

The Texas Gaming Act of 2013 will be up for discussion once again when the state’s legislation reconvenes on Jan. 8, 2013.

Originally proposed in December 2012, the revised bill would regulate land-based poker rooms while banning online poker. The measure also prohibits electronic poker tables, which were supported in the earlier bill.

Sponsored by State Sen. Eddie Rodriguez (D-Austin), the Texas Lottery Commission would get a new poker division that would permit licenses to existing pari-mutuel facilities, bingo halls and tribes. Tribes and pari-mutuels could offer poker around the clock, while bingo halls would be limited to having poker games only during normal hours of operation.

In the proposed bill, tournaments would have a suggested $ 100 max buy-in that would eliminate any major series from passing through the state. Also included are provisions for bad-beat and promotional jackpots.

According to the bill, operators would be taxed a mere maximum of 18 percent of gross revenues with a portion going to the Texas Department of Housing and Community Affairs to aid homeless and low-income residents of the state.

Having similar proposals in the past, Texas remains conservative to gambling interests despite the state lending its name to poker’s most popular game.

CalvinAyre.com has more.

Mad Marvin Leads European Poker Awards Nominations

The nominations for the 2013 European Poker Awards have been announced and the list is loaded with talented poker pros.

Marvin Rettenmaier, who already won the honor of 2012 European Global Poker Index Player of the Year, tops the list with nominations for Best Tournament Performance and Poker Personality of the Year.

Also receiving nods for various awards are Chris Moorman, Viktor Blom, Gus Hansen, Bertrand Grospellier, and Tony G.

Hosted by Kara Scott, who is also up for Poker Personality of the Year, the ceremony will take place at the Elysee Biarritz in Paris on Jan. 22, 2013 as part of the Euro Finals of Poker Series in the French capital. The ceremony will be sponsored by the Global Poker Index, which partnered with the European Poker Awards in the latter half of 2012.

The winners will be selected by a panel chaired by Nic Szeremeta, creator of the event. The panel will also include Stephan Gollubits, Jérôme Schmidt, Barry Carter, Joe Beevers, Alexandre Dreyfus, Michael Michelin and Jesse May.

The full list of nominations is as follows:

Rookie of the Year – Gaëlle Baumann, Lucille Cailly, Aubin Cazals, Ole Schemion

Best Tournament Performance – Davidi Kitai, Rocco Palumbo, Marvin Rettenmaier, Ole Schemion, Sam Trickett

Europe’s Leading Lady – Gaëlle Baumann, Liv Boeree, Lucille Cailly, Elisabeth Hille

Internet Player of the Year – Viktor Blom, Jens Kyllönen, Chris Moorman, Ilari Sahamies

Poker Staff Person of the Year – Dave Brannan, Nicolas Fraioli, Neil Johnson, Simon Trumper

Rob Gardner Memorial Award for the Poker Personality of the Year -
Neil Channing, Bertrand “Elky” Grospellier, Tony Guoga, Gus Hansen, Marvin Rettenmaier, Kara Scott

Best European Event of the Year – EPT Barcelona, Irish Poker Open, Prague Poker Festival, WSOPE Cannes

Read more about the event at GlobalPokerIndex.com.

PokerStars Launches Zoom Poker Tournaments

Zoom Poker tournaments are the new craze at PokerStars after the world’s leading online poker room launched a beta test of the new format on New Year’s Day.

Similar to Full Tilt Poker’s Rush Poker tables, Zoom Poker is a fast-paced poker format that allows players to play hundreds of hands per hour and (potentially) increase profits. The game plays exactly the same way as any other online cash game except for one huge difference — as soon as you fold, you are removed from the table you were seated at and placed at a new table with different players. You can fold at any point when you are facing a bet, or click “Fast Fold” to fold even when it is not your turn to act.

While Zoom tournaments are still in the developmental stage, the events offered since New Year’s Day proved to be a hit among players. As many as 12 real-money Zoom Poker tournaments are on the daily schedule throughout this week. All of them can be found in the Micro stakes tab in the PokerStars lobby.

Zoom Poker has been very popular since it launched last spring. Said Team PokerStars Pro Daniel Negreanu: “Zoom Poker offers people a different way to play poker. Recreational players, who want more constant action, will be able to fold instantly and wait for better hands, while pro grinders will be able to get in hundreds of more hands an hour and win more. On top of all that, it’s just so much fun to play!”

More Records in Macau

Macau’s casinos set more records in 2012, raking in $ 38 billion in gambling revenue — a 13.5 percent increase over 2011 ($ 33 million).

The number was boosted by a monthly revenue growth of 19.6 percent in December, a new record for the Chinese gambling mecca. According to the Macau government, the $ 3.43 million generated in December was the highest ever.

The Las Vegas Review-Journal reports that the $ 38 billion yearly figure is higher than the $ 35.64 billion collected by the entire U.S. commercial casino industry in 2011. Last year, Macau pulled in about 5.5 times the gaming revenue of Las Vegas.

Macau has been the home to many of poker’s biggest cash games and tournaments over the past two years. Top pros like Tom Dwan, Patrik Antonius, Gus Hansen and Sam Trickett have been regulars at the Poker King Club, playing cash games as high as HKD $ 30,000/$ 60,000 (USD $ 3,850/$ 7,700). In August 2012, Stanley Choi won the biggest-ever buy-in tournament in Asia, the $ 260,000 buy-in Macau High Stakes Challenge, for $ 6.5 million.

The Las Vegas Review-Journal has more.

PPC at Aruba

In May, the DeepStacks Poker Tour will make its first trip outside the U.S. for the 2013 DeepStacks Poker Tour Players Poker Championship at Aruba. The $ 2,500 Main Event will run from May 6 through 9 and boasts a $ 200,000 guarantee.

On Wednesday, the PPC unveiled a promo for the event:

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Comments

flintsword

Those revenue records from Macau are amazing. The fact that they are 5.5 times the Las Vegas revenues is shocking.

Unelected officials at the U.S. DOJ meanwhile continue the Online Poker Prohibition, turning the birthplace of poker into a sad poker backwater. The WSOP will probably continue its downward slide since the idiotic U.S. DOJ actions.

There is a reason that a few top players are basically living in Macau in 2012 … because that is where the action is.

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Poker News Nightly Turbo


Published on 11:30 pm by Administrator

Category: Poker

Tags: , Awards, European, Nightly, Nominations, Online, Poker, Proposes, Texas, Turbo

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Texas To Legalize Texas Hold’em Poker?

ABOUT CARDPLAYER, THE POKER AUTHORITY

CardPlayer.com is the world’s oldest and most well respected poker magazine and online poker guide. Since 1988,
CardPlayer has provided poker players with poker strategy, poker news, and poker results. Today, CardPlayer.com
is the best poker information portal for free poker content, offering online poker site reviews and exclusive online
poker bonus deals.

We offer daily poker news, poker professionals’ blogs and tweets, exclusive poker videos, thousands of free poker
articles, as well as coverage from all major poker tournaments in the world. You can also find here poker player
profiles, tournament poker results, poker rules, poker strategy articles, poker books, poker magazines, poker tools
and poker training resources.

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CardPlayer Poker News


Published on 5:30 am by Administrator

Category: Poker

Tags: , Hold'em, Legalize, Poker, Texas

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U.S. MARINES Seal on White BigSlick Texas Hold’em Poker Chip

U.S. MARINES Seal on White BigSlick Texas Hold’em Poker Chip

  • poker-chips

Be the first to get your official Department of the Navy Seal- U.S. Marine Corps poker chips. The US Marines Seal has the colors of scarlet and gold along with the emblem: the eagle, globe, and anchor. The eagle represents the service of the US Marines to their country, the globe represents their worldwide service and the anchor is the representation of their sea traditions. Made with custom designed labels these poker chips are a must have for any former, current or future Marines. A perfect gi

Price: $ 7.27


Published on 2:46 pm by Administrator

Category: Poker Chips

Tags: , BigSlick, Chip, Hold'em, Marines, Poker, Seal, Texas, U.S., White

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Real Clay No Metal Insert Texas Holdem Poker Chips, 25 11.5 gram Blue Chips

Real Clay No Metal Insert Texas Holdem Poker Chips, 25 11.5 gram Blue Chips

  • One roll 25 premium quality clay no-metal-insert poker chips
  • Note the etched design on the chips
  • Chips weigh 11.5 grams each
  • The closest you can get to the feel and sound of casino chips without spending over per chip

These 11.5 gram Texas Hold’em design poker chips are made of Real Clay and do not have a metal insert, so they do not have the clanky metallic sound of common chips and sound and feel like authentic casino chips. Each chip is made to specifications and is perfectly balanced to give the proper effect. The chips are available in multiple colors and you can find them by clicking on the “chipsandgames” link above and going to our storefront on Amazon.

Price: $ 3.99


Published on 2:51 am by Administrator

Category: Poker Chips

Tags: , 11.5, Blue, Chips, Clay, Gram, Hold'em, Insert, Metal, Poker, real, Texas

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Real Clay No Metal Insert Texas Holdem Poker Chips, 25 11.5 gram Green Chips

Real Clay No Metal Insert Texas Holdem Poker Chips, 25 11.5 gram Green Chips

  • One roll 25 premium quality clay no-metal-insert poker chips
  • Note the etched design on the chips
  • Chips weigh 11.5 grams each
  • The closest you can get to the feel and sound of casino chips without spending over per chip

These 11.5 gram Texas Hold’em design poker chips are made of Real Clay and do not have a metal insert, so they do not have the clanky metallic sound of common chips and sound and feel like authentic casino chips. Each chip is made to specifications and is perfectly balanced to give the proper effect. The chips are available in multiple colors and you can find them by clicking on the “chipsandgames” link above and going to our storefront on Amazon.

Price: $ 3.99


Published on 2:47 pm by Administrator

Category: Poker Chips

Tags: , 11.5, Chips, Clay, Gram, Green, Hold'em, Insert, Metal, Poker, real, Texas

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U.S. MARINES Seal on Black Texas Hold’em Poker Chip

U.S. MARINES Seal on Black Texas Hold’em Poker Chip

  • poker-chips

Be the first to get your official Department of the Navy Seal- U.S. Marine Corps poker chips. The US Marines Seal has the colors of scarlet and gold along with the emblem: the eagle, globe, and anchor. The eagle represents the service of the US Marines to their country, the globe represents their worldwide service and the anchor is the representation of their sea traditions. Made with custom designed labels these poker chips are a must have for any former, current or future Marines. A perfect gi

Price: $ 7.27


Published on 2:55 am by Administrator

Category: Poker Chips

Tags: , Black, Chip, Hold'em, Marines, Poker, Seal, Texas, U.S.

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1000 Striped Dice 11.5 Gram Poker Chips Texas Hold em Set

1000 Striped Dice 11.5 Gram Poker Chips Texas Hold em Set

  • 1000 Striped Dice 11.5 Gram Poker Chips Texas Hold em Set.
  • One of Our Most Popular Poker Chips: Striped Dice Chips!
  • They are produced from a composite resin and an insert that gives them the weight of a heavy casino quality chip.The detail on these chips is great.
  • The dice and stripes around the chip as well as the detail on the edge edge of the chip add to the great appearance.
  • We carry 8 different colors of Dice Striped Poker Chips(as shown above) which are available year-round to add to your collection!

One of Our Most Popular Poker Chips: Striped Dice Chips!These 1000 Chips are 39 mm diameter casino sized chips and are 11.5 grams in weight. They are produced from a composite resin and an insert that gives them the weight of a heavy casino quality chip.The detail on these chips is great. The dice and stripes around the chip as well as the detail on the edge edge of the chip add to the great appearance.We carry 8 different colors of Dice Striped Poker Chips(as shown above) which are available ye

List Price: $ 233.65

Price: $ 95.03


Published on 2:46 pm by Administrator

Category: Poker Chips

Tags: , 1000, 11.5, Chips, Dice, Gram, Hold, Poker, Striped, Texas

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