» Poker Industry / Law News – Current Market Updates

Back in September 2011, a registered sex offender by the name of Michael DiVita was disqualified from the Epic Poker League after his background was discovered. At that time, DiVita had just qualified for a $20,000 EPL Main Event seat via an 8th place finish at... 

Just before Christmas, Republican presidential front-runner Mitt Romney offered Texas governor Rick Perry a $10,000 bet on national television, which was subsequently refused by Perry who said he was “not in the betting business.” However, any thoughts... 

According to a report by online news source ‘Subjectpoker.com,’ Chris “Jesus” Ferguson may be hampering a purchase deal of Full Tilt Poker by Groupe Bernard Tapie (GBT) in order to safeguard $14.3 million he put into the company post Black-Friday. Apparently,... 

Groupe Bernard Tapie (GBT) have announced they are hopeful of completing the $80 million purchase of Full Tilt Poker from the DoJ by the end of February. In the meantime, a due diligence process instigated by GBT in order to reveal the true extent of Full Tilt’s... 

The PokerStars management team has undergone a seismic shift over the past year, with CEO Gabi Campos now the third high ranking official to exit the world’s biggest poker site since Black Friday. In May 2011, the European Poker Tour (EPT) tournament director... 

This week, UK pro John Duthie, 53, announced he had left Team PokerStars Pro, after he decided not to renew his contract with the world’s biggest online poker room. A few days later, and the London-based poker pro has continued his fresh start to the new... 

On December 23rd, the US Department of Justice (DoJ) signalled a policy reversal in its interpretation of the “antiquated” Federal Wire Act, when it ruled that online poker within a state’s borders was acceptable. In the past, the DoJ maintained that all... 

The feud between Bodog and PokerScout.com. has continued to grow since Bodog requested that the traffic stats site removed Bodog from their listings following Black Friday. Bodog has been leading the fight within the online poker industry of trying to protect its... 

The deal between Full Tilt Poker (FTP) and Group Bernard Tapie (GBT) took another step closer to completion after Full Tilt shareholders reportedly voted in favour of an $80 million assets transfer to the French company. Nevertheless, the U.S. Department of Justice... 

WSOP supremo Phil Hellmuth has been airing his views on a whole load of poker related matters recently, and last week hinted that online poker legalization in the US may be just around the corner. Talking on “Short Stacked Radio” with show’s host...