» Poker Industry / Law News – Current Market Updates

Back in November 2009, a group of elderly women gathered together at a home in Limassol, Cyprus for an afternoon of playing cards over a few sandwiches and pastries. However, that Sunday at around 6pm the Cyprus police decided to raid the house and round up the... 

On Monday, the news broke that domain name Bodog.com had been seized by the US Department of Homeland Security (DHS) and the Department of Justice (DoJ). Following that story, the U.S. Attorneys Office in Baltimore, Maryland, has now announced the indictments of... 

Black Friday saw online poker websites PokerStars.com, FullTiltPoker.com, and AbsolutePoker.com seized by the US Government, followed a month later by other poker rooms, including TruePoker.com and DoylesRoom.com. The new Bodog domain name can be found here at... 

Matt Glantz is a 41 year-old former financial trader from Pennsylvania, who turned his attentions to professional poker back in 2002, and has since become one of the game’s most consistent winners. The family man with two children is also one of the most... 

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...