Category Archives: Gambling

Landon Tice Putting ‘Very Large Amount’ of Net Worth On the Line vs. Bill Perkins

Landon Tice admitted he’ll be selling action for his upcoming heads-up no-limit hold’em match against hedge fund manager Bill Perkins. But he also told his Twitter followers that he’ll still have plenty of skin in the game.

Landon Tice is taking a big risk against Bill Perkins. But he certainly doesn’t lack the confidence to win. (Image: seminolehardrockpokeropen.com)

The proposed match, which both parties have tentatively agreed to, calls for 20,000 hands at $200/$400 stakes. Those are the same stakes played in the recently completed Daniel Negreanu vs. Doug Polk match. In that competition, which spanned 25,000 hands, Polk won $1.2 million.

During that challenge, Negreanu lost an average of $48 per hand dealt. In the proposed Perkins vs. Tice match, if the losing player loses at the same rate, that individual would end up down $960,000. With that said, these are two different players and we won’t know the win/loss rates in the match until they actually play. But Tice, who is just 21 years old, doesn’t have the bankroll to risk losing that much of his money.

Dutch Poker Players Catch Tax Break Worth Millions

Dutch poker players are due rebates worth millions thanks to a recent decision by the national Tax and Customs Administration.

Dutch poker pros like Lex Veldhuis have caught a lucky tax break thanks to a recent ruling. (Image: Twitter/Lex Veldhuis)

Dutch news site CasinoNieuws broke the story last week that a long-running battle between players and the tax authority has come to an end.

Local pros have been fighting to overturn tax demands on money won on PokerStars.eu. With the help of lawyer and poker enthusiast Pepijn Le Heux, the players have triumphed.

Las Vegas Poker Rooms Can Increase Capacity, Still Limited Seating

Nevada Governor Steve Sisolak is permitting Las Vegas poker rooms and other businesses to soon significantly increase capacity, up from 25 percent. But seating remains well below the maximum capacity allowed by fire code at each business.

Plexiglass dividers will remain at the poker tables in Las Vegas for quite some time likely. (Image: Las Vegas Review-Journal)

Sisolak, a Democratic politician, dropped room capacity in restaurants, casinos, and other establishments to 25 percent a few months back. This forced the card rooms to limit seating significantly, causing lengthy wait lists for cash games at certain properties.

The governor spoke on Thursday afternoon, and gave some good news to certain Nevada businesses. That includes Las Vegas poker rooms, of which there are 20 currently open (31 prior to the global health pandemic). Per the governor’s new restrictions, gaming floors can operate at 50 percent of the maximum allowable capacity, beginning next Monday.