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March 24, 2007

Double Stacks at 2007 WSOP

It was reported today at PokerNews.com, that the WSOP will be doubling the chip stacks for ALL 2007 events! It looks like they intend to add some more levels in some of the lower buy-in events, and attempt to put some more 'poker' into these events.

The initial response seems to be favorable, but I think it will be settled at the events this year. I dont see how more chips can't help but make the events last longer..... and maybe thats what they want also! More bang for the buck!

Posted by fatbill at 09:22 AM | Comments (0)

March 21, 2007

Reymer's Poker Stars Account Hacked!

Some moron, hacked Greg 'Fossilman' Reymer's Poker Stars player account, and had himself a good ole time!

The idiot started dumping huge pots, while playing heads up not thinking about the HUNDREDS of players that watch EVERY pro that plays on that site! Needless to say, people started questioning the eratic play, and contacted Poker Stars Security.

It goes without saying, that the accounts were frozen, and the funds were corrected....

Posted by fatbill at 11:45 AM | Comments (0)

March 16, 2007

Unlawful Internet Gambling Enforcement Act News

This is potentially GREAT news for Poker Players, especially U.S. Poker Players!

The office of US Congressman Barney Frank, who is chairman of the House financial services committee, has confirmed that he is currently working on legislation to repeal the Unlawful Internet Gambling Enforcement Act.

The news item appeared this afternoon on the Financial Times website and has been confirmed to eGaming Review by Frank’s press department. The details of how any repeal would take action have not been worked out and no timeframe was given.

Frank is quoted as describing last autumn’s Act as one of the “stupidest laws” ever passed and adds: “I am working on legislation to cut back on this internet gambling thing… I think it’s preposterous”.

While rumours of Barney Frank’s support for a repeal of the Act had been circulating around the egaming industry in the past few weeks, Frank himself had not confirmed or commented on them. Shares in PartyGaming, 888 and Sportingbet were all up this afternoon.

The FT says the mid-term Democratic victory in the US Congress brought some hope to the online gaming sector and John Conyers, chairman of the House judiciary committee, is also considered sympathetic to the industry.

But while Frank and Conyers are “powerful potential allies, it is far from clear that the lawmakers would have enough support to pass any meaningful legislation” because it is not clear “whether the votes would be there for a regulatory bill”.

The FT adds that the US treasury is currently drafting the rules to implement the Act but that the deadline for presenting them has been missed and is now expected in April or May.

Posted by fatbill at 11:28 AM | Comments (0)

March 07, 2007

D'Amato Joins PPA

This just released by the Poker Players Alliance ...

Poker Aficionado and former U.S. Senator to Lead Efforts to Protect One of America's Pastimes

Washington D.C.(March 5, 2007) – The Poker Players Alliance (PPA), a grassroots organization of more than 160,000 poker enthusiasts, announced today that former United States Senator Alfonse D'Amato has joined the PPA to serve as Chairman of the Board and help lead efforts in Washington D.C. to protect the game of poker.

"I have had a passion for poker since my childhood, and for politics almost as long. This new position will allow me to fuse these passions and help establish sensible policy that allows Americans to enjoy the great game of poker in the venue of their choosing," said Alfonse D'Amato, the new Chairman of the Poker Players Alliance.

"We are thrilled to have Senator D'Amato take up our cause to promote and protect the game played by millions of Americans. His enthusiasm, tenacity and political astuteness will bolster the influence of the PPA and help earn poker a much deserved exemption from the recent online gaming law," said Michael Bolcerek, president of the PPA. "For the past 18 months Linda Johnson, the First Lady of Poker, skillfully lead our organization as Chairwoman, today the First Senator of Poker will lead the charge."

It is estimated that more than 23 million Americans enjoyed playing poker on the Internet in 2006. Yet, the recent government crackdown on Internet gaming has swept poker into its net of prohibition and have made it increasingly difficult for poker players to enjoy this great form of entertainment on the Internet. The Poker Players Alliance will be working with Congress to provide a skill game exemption for poker and pave the way for eventual regulation and taxation of the industry in the United States.

"Prohibitions don't work, they only create unintended consequences. The American people know this and we are going to make sure Congress knows it too," said Senator D'Amato. "We need common sense regulation of Internet poker. Prohibition will only drive the industry underground and strip away any protections for children and services for problem gamblers."

The Poker Players Alliance was formed in 2005 to protect the right of poker players to enjoy the great American tradition of poker in the venue of their choice, and Linda Johnson was critical in the organization's development. "I would like to personally thank Linda Johnson for her service to the PPA as its first Chairwoman, and in her continued service as a board member as we take the organization to its next level," stated Bolcerek.

Posted by fatbill at 09:00 AM | Comments (0)

March 06, 2007

NBC Heads Up Championship

The NBC Heads Up Championship concluded with an unlikely winner, IMHO, in Paul Wasicka! Wasicka took home $500K for his efort. Chad Brown took second and $250K.

The final 4 included Shannon Elizabeth and Gavin Smith!

Shannon beat 2006 WSOP Wiz Kid Jeff Madsen, Barry Greenstein, and Humberto Brenes to get to the semi-finals!

Smith took down Johnny Chan, Phil Gordon and Andy Bloch to get there.

Brown took down Gabe Kaplin, Kristy Gazes and Smith to make the finals.

Wasica bested Joe Hachem, TJ Cloutier, Nam Lee, and Elizabeth, before beating Brown for the title!

Posted by fatbill at 12:28 PM | Comments (0)

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