Monthly Archives: October 2015

Marco Rubio Hints At Online Poker Exemption In Senate RAWA Bill

GOP contender Senator Marco Rubio (R-Florida) has hinted in an interview that poker could be given a carve-out in his co-sponsored bill on online gambling. The Florida senator is co-sponsoring a federal bill on online gaming from South Carolina senator Lindsey Graham. While up till now the pair have spoken out against all online gambling, […]

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Marco Rubio Hints At Online Poker Exemption In Senate RAWA Bill

GOP contender Senator Marco Rubio (R-Florida) has hinted in an interview that poker could be given a carve-out in his co-sponsored bill on online gambling. The Florida senator is co-sponsoring a federal bill on online gaming from South Carolina senator Lindsey Graham. While up till now the pair have spoken out against all online gambling, […]

The post Marco Rubio Hints At Online Poker Exemption In Senate RAWA Bill appeared first on .

Valeriu Coca Cleared of Cheating by WSOP and Nevada Gaming Control Board

Valeriu Coca, the player suspected by his peers of cheating at the WSOP over the summer, has been cleared by the WSOP and the Nevada Gaming Control Board. Coca startled a number of high-profile pros by running over them in the $10k heads up event. During his run, the Moldovan dispatched Matt Marafioti, Aaron Mermelstein, […]

The post Valeriu Coca Cleared of Cheating by WSOP and Nevada Gaming Control Board appeared first on .

Valeriu Coca Cleared of Cheating by WSOP and Nevada Gaming Control Board

Valeriu Coca, the player suspected by his peers of cheating at the WSOP over the summer, has been cleared by the WSOP and the Nevada Gaming Control Board. Coca startled a number of high-profile pros by running over them in the $10k heads up event. During his run, the Moldovan dispatched Matt Marafioti, Aaron Mermelstein, […]

The post Valeriu Coca Cleared of Cheating by WSOP and Nevada Gaming Control Board appeared first on .

South Korea to impose life sentences on illegal online gambling operators

Authorities in South Korea are threatening to impose life sentences on the operators of illegal online gambling sites and to press charges against all the sites’ customers.

On Friday, South Korean police officials announced a harsh new attitude towards online gambling operators. A National Police Agency spokesman told South Korean media that illegal operators would now be slapped with organized crime charges, which carry significantly higher penalties for convictions.

Previously, illegal online gambling operators were subject to charges of opening an illegal gambling place, which carried a maximum sentence of seven years in prison and a KRW 70m (US $61k) fine. Under the new plan, site operators would be charged with ‘organizing a criminal group,’ which carries the possibility of life behind bars.

Police said the shift was appropriate, as many of the illegal gambling sites they take down are found to be run by organized crime rings. Software programmers and site managers would be labeled accomplices while web hosting services that knowingly accept business from gambling sites will be charged as abettors.

South Korea to impose life sentences on illegal online gambling operators

Authorities in South Korea are threatening to impose life sentences on the operators of illegal online gambling sites and to press charges against all the sites’ customers.

On Friday, South Korean police officials announced a harsh new attitude towards online gambling operators. A National Police Agency spokesman told South Korean media that illegal operators would now be slapped with organized crime charges, which carry significantly higher penalties for convictions.

Previously, illegal online gambling operators were subject to charges of opening an illegal gambling place, which carried a maximum sentence of seven years in prison and a KRW 70m (US $61k) fine. Under the new plan, site operators would be charged with ‘organizing a criminal group,’ which carries the possibility of life behind bars.

Police said the shift was appropriate, as many of the illegal gambling sites they take down are found to be run by organized crime rings. Software programmers and site managers would be labeled accomplices while web hosting services that knowingly accept business from gambling sites will be charged as abettors.

PokerStars prompts NJ players re account balances; PAS.net cuts ties with int’l sites

Amaya Gaming’s PokerStars brand has begun contacting its former New Jersey customers regarding their outstanding account balances.

As first reported by PocketFives.com, New Jersey players who had accounts with PokerStars prior to the site’s exit from the market following the 2011 Black Friday federal indictments have received emails from Stars asking them to withdraw any funds remaining in their old accounts.

In September, the New Jersey Division of Gaming Enforcement (DGE) approved Amaya’s application to relaunch its PokerStars and Full Tilt brands in New Jersey’s regulated online gambling market. Amaya acquired the brands in 2014 from the Rational Group, which had returned approximately $5m in account balances to New Jersey players following the 2011 indictments.

But the DGE noted that there was around $428k that had yet to be withdrawn by New Jersey players. Amaya has informed the affected Stars account holders that if they fail to come forward and reclaim their funds by Dec. 28, the money will be forfeited to the state, after which players will have to apply to the state’s Unclaimed Property Department for redress.

PokerStars prompts NJ players re account balances; PAS.net cuts ties with int’l sites

Amaya Gaming’s PokerStars brand has begun contacting its former New Jersey customers regarding their outstanding account balances.

As first reported by PocketFives.com, New Jersey players who had accounts with PokerStars prior to the site’s exit from the market following the 2011 Black Friday federal indictments have received emails from Stars asking them to withdraw any funds remaining in their old accounts.

In September, the New Jersey Division of Gaming Enforcement (DGE) approved Amaya’s application to relaunch its PokerStars and Full Tilt brands in New Jersey’s regulated online gambling market. Amaya acquired the brands in 2014 from the Rational Group, which had returned approximately $5m in account balances to New Jersey players following the 2011 indictments.

But the DGE noted that there was around $428k that had yet to be withdrawn by New Jersey players. Amaya has informed the affected Stars account holders that if they fail to come forward and reclaim their funds by Dec. 28, the money will be forfeited to the state, after which players will have to apply to the state’s Unclaimed Property Department for redress.