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Showing posts with label Poker News. Show all posts
Showing posts with label Poker News. Show all posts

Oct 27, 2011

Poker Hall of Fame Announces Class of 2011

Thursday, October 27, 2011 Posted by Unknown , No comments
Barry Greenstein and Linda Johnson
Join Poker’s Most Exclusive Fraternity

Official Induction Ceremony to be held Tuesday, November 8th at 4:30 pm
Inside Rio’s Penn & Teller Theater Prior to Conclusion of WSOP® Main Event Final Table

LAS VEGAS (October 27, 2011) – One is known as “The Robin Hood of Poker.” The other is “The First Lady of Poker.”  Come November 8, 2011, both can add “Poker Hall of Fame” to their illustrious resumes.

Barry Greenstein and Linda Johnson will become the 41st and 42nd individuals to be inducted into the Poker Hall of Fame.  The two newest members were initially nominated by the general public and then voted in by a 35-person panel made up of existing Poker Hall of Famers and members of the media.

Johnson becomes just the second female to be bestowed the honor, joining Barbara Enright who was inducted in 2007.

Both Greenstein and Johnson were among the finalists for the honor in 2010.  This year, both players successfully garnered enough votes to become the game’s newest members.

Greenstein and Johnson will be officially inducted on Tuesday, November 8 at the Rio All-Suite® Hotel & Casino in Las Vegas just prior to the start of the final playing session of the 2011 World Series of Poker Main Event Championship.

The special induction ceremony and celebration will take place at 4:30 PM inside the Penn & Teller Theater and will immediately precede the three-handed finale. 

It is fitting that these two exemplary individuals will be enshrined together.  Both possess impressive tournament and cash game success, over many years.  But it is perhaps their tireless efforts away from the green felt that have more profoundly impacted the game of poker, fostered the image of the game, and contributed to its growth and good sportsmanship.

"I am extremely proud and humbled to be voted into the Poker Hall of Fame,” said Johnson.  “I feel lucky to have been involved in many facets of poker over the past 35 years.  Being recognized by the industry is a tremendous honor.”

"I'm happy to be inducted into the Hall of Fame alongside my friend Linda Johnson who has been the most fervent ambassador for poker for as long as I can remember,” Greenstein said.

The Poker Hall of Fame Governing Council would sincerely like to congratulate the other 2011 finalists -- all whom remain eligible for future induction: Annie Duke, Jennifer Harman-Traniello, John Juanda, Marcel Luske, Jack McClelland, Tom McEvoy, Scotty Nguyen and Huck Seed.

Greenstein has amassed more than $7.5 million in worldwide poker tournament winnings and for nine consecutive years has won at least six figures on the tournament circuit.  Greenstein possesses three World Series of Poker bracelets, two WPT titles, and also plays in many of the highest stakes cash games in the world.

The 56-year-old Greenstein was born in Chicago, Illinois and earned his Bachelor’s degree in Computer Science from the University of Illinois at Urbana-Champaign.  He also studied for his PhD in Mathematics, but never defended his completed dissertation.  He learned poker and other card games from his parents while growing up in the Scottsdale neighborhood of Chicago.

Barry went to work for a start-up company named Symantec in the 1980’s in Silicon Valley, California and was part of the team that developed its first product called Q&A.  The system provided both a word processer and a database and was cited as a significant step in making computers more user-friendly and less intimidating.  Greenstein is credited with developing the word processing component of Q&A. He left Symantec in 1991 at age 36 to play poker full-time.

It was 1992 when Barry entered his first poker tournament, the World Series of Poker Main Event, where he finished in 22nd place.

Barry is also the author of the widely-acclaimed poker book Ace on the River, and as is his personal trademark, Greenstein autographs a copy of the book for players in tournaments that eliminate him. 

Greenstein is a father of six, including four stepchildren, and has made a career of donating to child-focused charities.  He has donated more than $3 million to various charities through his poker winnings, earning him his nickname “The Robin Hood of Poker”. 

He currently resides in Rancho Palos Verdes, California, and can be found in California and Las Vegas card rooms and the world’s largest poker tournaments.

This year’s other inductee – Linda Johnson is a 58-year-old poker player originally from Long Island, New York, now living in Las Vegas who captured her WSOP gold bracelet in 1997 in a Seven-Card Razz event.  Johnson is one of only 15 females to capture a WSOP open event championship, and she has seven WSOP final table appearances on her poker resume.

Nicknamed “The First Lady of Poker” by fellow Poker Hall of Famer Mike Sexton, Johnson has been a leading force in the poker world for much of her life. She began playing poker in the 1970s after buying some poker books and teaching herself how to play.

Linda was immediately enthralled with poker and had a special ability for the game. She entered the World Series of Poker Ladies seven-card stud tournament in 1980, deciding in advance that if she performed well, she would quit her high-level job at the United States Post Office and move to Las Vegas to become a professional poker player. As fate would have it, Linda finished fifth in the tournament and promptly gave her two-week notice. She moved to Las Vegas and played poker full time from 1980-1993, one of just a handful of women who played the game professionally during those years. 

These days, Linda enjoys teaching WPT Boot Camp and regularly hosts poker seminars and tournaments at many cardrooms around the country. She is a partner in Card Player Cruises and has hosted more than 90 poker cruises to destinations around the world.
But Johnson really made her mark and blazed a trail for other poker players by parlaying her poker acumen into ventures off the felt.

In 1993, Linda purchased Card Player magazine. Over the next eight years, the magazine grew from a 68-page, black and white newsprint publication into a 132-page, full-color, glossy magazine. As publisher, Linda became an ambassador for the poker world, traveling to more than 200 cardrooms around the world, always personifying class and professionalism and consistently setting new standards of excellence. 

She has co-written three poker books and was instrumental in helping to establish many influential poker projects -- including the World Poker Industry Conference, the World Poker Players Conference, and the Tournament Directors Association. Her next project was helping to establish the World Poker Tour for which she had the role of studio announcer during its first six seasons. Her involvement in promoting poker led to being chosen as the original chairperson for the Poker Players Alliance (PPA), a leading lobbying group in Washington, DC.  

Linda is currently on the Board of Directors for the PPA and the Ladies International Poker Series (LIPS). Already a member of the Women’s Poker Hall of Fame (inducted in 2008), Johnson co-founded PokerGives.org as a way to assist poker players to donate to worthwhile charitable causes using the game of poker as the platform.

The Poker Hall of Fame Governing Council is delighted with these two fine choices and congratulates both Barry Greenstein and Linda Johnson on their well-deserved selection and induction. 

The Poker Hall of Fame, established in 1979, was acquired by Harrah’s Entertainment (now Caesars) along with the World Series of Poker, in 2004.  Though the Hall of Fame is virtual in nature, its membership includes poker's most influential players and other important contributors to the game.  There are now 20 living members.

The main criteria for the Poker Hall of Fame are as follows:
  • A player must have played poker against acknowledged top competition
  • Be a minimum of 40 years old at time of nomination [to be known as the “Chip Reese” rule, adopted in 2011, 20 years after Reese’s induction at age 40]
  • Played for high stakes
  • Played consistently well, gaining the respect of peers
  • Stood the test of time
  • Or, for non-players, contributed to the overall growth and success of the game of poker, with indelible positive and lasting results.

The entire list of 42 Poker Hall of Fame members includes (alphabetical with year of induction in parenthesis):


o         Tom Abdo (1982)
o         Crandell Addington (2005)
o         Bobby Baldwin (2003)
o         Billy Baxter (2006)
o         Lyle Berman (2002)
o         Joe Bernstein (1983)
o         Benny Binion (1990)
o         Jack Binion (2005)
o         Bill Boyd (1981)
o         Doyle Brunson (1988)
o         Johnny Chan (2002)
o         T.J. Cloutier (2006)
o         Nick Dandolos  (1979)
o         Barbara Enright (2007)
o         Fred “Sarge” Ferris (1989)
o         T “Blondie” Forbes (1980)
o         Henry Green (1986)
o         Barry Greenstein (2011)
o         Dan Harrington (2010)
o         Murph Harrold (1984)
o         Phil Hellmuth (2007)
o         James Butler “Wild Bill” Hickok (1979)
o         Red Hodges (1985)
o         Edmond Hoyle (1979)
o         Linda Johnson (2011)
o         Berry Johnston (2004)
o         Jack Keller (1993)
o         Felton McCorquodale (1979)
o         Roger Moore (1997)
o         Johnny Moss (1979)
o         Henry Orenstein (2008)
o         Walter Clyde “Puggy” Pearson (1987)
o         Julius Oral Popwell (1996)
o         Thomas Austin “Amarillo Slim” Preston (1992)
o         David “Chip” Reese (1991)
o         Erik Seidel (2010)
o         Mike Sexton (2009)            
o         Jack “Treetop” Straus (1988)
o         Duane “Dewey” Tomko (2008)
o         Stu “The Kid” Ungar (2001)
o         Red Winn (1979)
o         Sid Wyman (1979)



For more information on the Poker Hall of Fame, visit www.WSOP.com

ABOUT THE POKER HALL OF FAME

The Poker Hall of Fame, established in 1979, was acquired by Harrah’s Entertainment along with the World Series of Poker in 2004.  Though the Hall of Fame is virtual in nature, its membership includes poker's most influential players and other important contributors to the game. There are now 20 living members, and 42 members have been bestowed the honor of Poker Hall of Famer.  The Poker Hall of Fame traditionally elects one or two members annually.  The enshrinement ceremony is now held in concert with the final table of the Main Event of the WSOP, held each November in Las Vegas.

Jul 12, 2011

Upcoming Online #Gambling Licensing at #Spain

Tuesday, July 12, 2011 Posted by Unknown , No comments
About a month ago, Spain issued its first online gambling license and is following the footsteps of other European countries such as France, Italy and Estonia. Spain’s Congress opted towards the regulated online gambling market within its own borders and the first operator to be granted such a license is the Casino Gran Madrid.

The Casino Gran Madrid website will only be available for Madrid residents and is allowed to offer a range of online gaming products including poker, blackjack, roulette and slots in agreement with the Spanish online gambling licence. The software itself will be powered by Playtech, widely known as the software provider for the iPoker Network, that includes skins such as Titan Poker, William Hill Poker, Poker770 and several other dozen skins.

The proposed national online gambling law has not come into effect yet, thus the Casino Gran Madrid has received the license a few months in advance and may gain a hold in the market before all other official licenses are issued on a national level.

Jorge Casanova, the director of information systems, was proud to announce the following:
“Casino Gran Madrid has always been committed to innovation and this time we could not do less. Casino Gran Madrid will continue to operate under one brand because our aim is to leverage synergies for our customers, and remain true to our core values that have guided our performance — professionalism, rigor, experience, transparency, security — and with a software certified by official laboratories.”

The enthusiasm for this project was obviously confirmed by Playtech’s CEO Mor Weizer as well:
“We are delighted to have secured this agreement with one of Europe’s largest and most respected land based operators. We expect this to be a significantly value accretive relationship, exemplifying our strategy to increase the number of regulated markets in which we operate.”

10% of the gross gaming revenue will be taken as taxes for the government, which is still considerably low when you compare it with the usual tax rate at France, for example. It will be interesting to see the exact wording of the proposed national online gambling law and how long it will take to come into effect. As soon as we know more about the specific release time and restrictions to gain the license, we will follow up on this story and keep you up to date. The current estimated goal is the end of summer 2011, but alas Spain was never known to get things done on schedule.

There will also be a webinar concerning this topic as well and you can join for free: iGaming in Spain - Europe's Next Big Market - All you need is a stable internet connection and a headset, it will take place Thursday July 14th at 17:00 Central European Time = 16:00 British Time.

The only question that is currently unanswered in the dark: Who will be next? Sidebets anyone?

Apr 18, 2011

Pokerpocalypse - Updates and Perspectives

Monday, April 18, 2011 Posted by Unknown , , , No comments
Most of the mass media already call it the Black Friday, as the big 3 on the American online poker market (FullTilt, PokerStars and AP/UB) have been indicted by the FBI and whilst most poker players cannot understand the reasoning behind it, the accusations are very serious and the future for these poker sites is not clear yet.  The first step for all 4 was the change from their .com domains to European versions and all this was done within 48 hours after the press release of the Department of Justice (DoJ) has been published and caused a bush fire on the online poker scene.

Pokerstars.com = Pokerstars.eu
FullTiltPoker.com = FullTiltPoker.co.uk
AbsolutePoker.com = AbsolutePoker.eu
UB.com = UBPoker.eu

Just for clarification though, the FBI and the DoJ are not after the players and officially, online poker is not illegal either. The most critical part is the funding of said poker accounts and the poker sites and their management has encouraged banks to process transactions that are not in accordance with the UIGEA from 2006. 

The list contains crimes such as conspiracy to violate the Internet Gambling Enforcement Act, operating an illegal gambling business and conspiracy to commit bank and wire fraud as well as being part of a money laundering conspiracy. In total, the government is seeking at least $3 billion in forfeitures and penalties from the poker sites involved.

Whilst Pokerstars and FullTiltPoker have already booted American players from their real money tables and just a few lucky ones remain active since they haven’t logged out yet since Monday, they can’t transfer their money via p2p to non US friends either and withdrawals get denied. This is obviously an understandable procedure to get control over the current situation and also avoid money dumping outside of the US. They also cut all regular guaranteed prizes and lost up to 48% of their traffic compared to last week.



On AbsolutePoker and UB, p2p for US players have also been disabled and despite a pop up earlier today on AP, players can still play for real money. Deposits and withdrawals are not possible for Americans and right now and it remains unsure if they will leave the US market or not. VictoryPoker, a skin of the Cake Network that intended to switch to the Cereus network has since left the network and will probably pull out of the US market.


Smaller networks such as Everleaf, Cake, Merge or Yatahay (DoylesRoom) could see an increase of traffic and new sign ups over the past 48 hours already and also Bodog was one of the benefiters of the Black Friday. CakePoker has already indicated that they will not pull out of the US market unless something big changes and every skin can decide if they want to opt out or not.

In general, most online poker players are scared and unsure what will happen in the near future, since the biggest names from an American point of view have been taken down – will the smaller networks be able to attract more players and also create more trust or does the whole online poker business take a massive hit?
Non US poker sites and networks have already launched new promotions to attract grinders that previously played on the big 3 sites and took advantage of the traffic there, some announced increased player benefits if they can prove the VIP status on the other poker sites. The next few days and weeks will surely see more action and marketing efforts, especially bwin / Party Poker as well as 888poker have seen profits on the stock market on Monday.

The full extent of the whole situation is probably not revealed yet and players should remain in a “wait and see” position and not try to dump money to non US friends when they are still able to play. The security departments will surely have a closer look on all non US withdrawals and it doesn’t make much sense to risk having your accounts locked just to help out friends. 

One of the big questions that remains for both, US and non US players is the safety of their funds – all player funds are kept on different bank accounts, yet the FBI and Interpol have already released a list with the names of banks and bank accounts that are suspected of previously mentioned crimes and are currently under investigation. Will the players see their funds anytime soon or are they lost? Even though the sites ensure that the funds are safe, ultimately it still remains a mystery and doesn’t increase the trust right now.

What you should do as player right now: 

1) Log into the poker clients and take a screenshot of your balances just in case
2) Do not try to dump cash to non US players on sites that still allow you to play for real money
3) Do not panic and rather take action: http://theppa.org/takeaction/

Most online poker news sites keep players updated and if you have an account at twitter, you can also follow the following people for important updates:

@Kevmath
@Pokerati
@oskargarcia
@GamingCounsel
@ckrafcik
@grange95
@scarlet_lv
@markgahagan
@bjnemeth
@ftrainpoker
@taopauly
@hardboiledpoker
@ralstonflash
@taxdood
@joebrennanjr
@pokerscout1

Hopefully we will soon be able to post more promising updates, but as of now there is not much that can be done as everyone is still trying to gather as much info as possible.

Edit: It seems that FullTiltPoker has now forced the log out for American players within the US, yet Americans outside of the US are still able to play for real money on their accounts. At PokerStars, Americans outside of the US are not able to play for cash right now.

888poker doubles Major Tournament Guaranteed Prizepools

Monday, April 18, 2011 Posted by Unknown , , No comments


Over the past year 888poker, formerly Pacific Poker, has built new state-of-the art software, launched exclusive PokerCam table technology, released an innovative TV campaign featuring Shane Warne and completely revamped their promotions and offers, including free $8 registration bonus for new customers.
888poker’s continued commitment to the new “we play different” strategy and focus on customer safety and experience is gaining momentum with online poker players and has brought the site a rapid 45% increase in liquidity.
More long term plans also show to be paying off for the poker network. As the USA market continues to show signs of legalization and licensing for online gaming, 888 has made several strategic moves and partnerships to ensure the best position for entry into the major market. The company’s decision to leave the USA market immediately after the passing of the 2006 UIGEA and its continued focus on safe and legal operations, has opened several doors for 888. One very positive move has been the recent approval from the Nevada Gaming Commission to work with USA operator, Caesars Interactive, the online subsidiary of Caesars Entertainment Corporation. As other major sites begin to struggle with the changing landscape in online gaming, 888 remains in a  prime position.
To keep up with the growth, 888poker has doubled  their major guaranteed tournaments including the Sunday Challenge which is now a staggering $100,000 guarantee. Players can take advantage of these huge guarantee tournaments and other promotions such as, new Team Poker Tournaments (win money as part of a team and as an individual) and  Play More Win More (the more you play, the more big $$ guaranteed freeroll tickets you receive).
Players can also try a more social online poker experience when they play the new PokerCam tables.  PokerCam tables use webcam technology to bring you a face to face interaction with other players. You can catch bad bluffs, meet new friends and maybe find a new crush all while playing poker.
For information about 888poker’s software, interactive community, online store, new innovations, such as, PokerCam tables, and constantly updated promotions, you can sign up here: 888poker
With over 5 million registered users and winner of Socially Responsible Operator of the Year 2010, EGR Awards, 888 is a gaming company you can trust.