September 21, 2011 |
The GPWA is pleased to announce BingoHouse Affiliates as a new sponsor. They are pleased to be helping our industry grow as a member of the GPWA.
DOJ says Full Tilt was a global Ponzi scheme The U.S. Department of Justice says Full Tilt Poker operated as a "global Ponzi scheme" and accused its primary owners, including Howard Lederer and Chris Ferguson, of defrauding the site's players out of hundreds of millions of dollars. Full Tilt didn't violate license by commingling funds Full Tilt Poker may have commingled player funds and operations money in bank accounts, but that didn't violate its license with the Alderney Gambling Control Commission. PPA calls Full Tilt news 'sad and disappointing' The Poker Players Alliance describes the allegations against Full Tilt Poker as a 'massive betrayal of player trust.' AGA issues statement after Full Tilt news The American Gaming Association called on Congress to change online gambling laws to protect consumers. Freeh, Ridge push for U.S. online poker legislation Former FBI Director Louis Freeh and former Homeland Security Tom Ridge are both on the board of FairPlayUSA. Internet poker in Massachusetts far from a done deal Internet poker enthusiasts were surprised by an Internet poker amendment to a bill that would expand gambling in Massachusetts, but the Bay State isn't in any hurry to lead the race to regulate the online poker industry. Bodog implements data mining block Bodog Poker has removed full tables from its client lobby to stop data sites accessing information on players. Intertops Sportsbook offering a $500 free bet Players wagering at least $200 on every game day of the NFL regular season will receive a $500 free bet. GGE to give away Punta Cana Poker Classic packages BetDSI has partnered with Global Gaming Events to offer players two $3,000 Punta Cana Poker Classic Packages. BettorLogic announces launch of Nextbet Nextbet is a tool that suggests similar betting options to punters pre-event and in-play based on previous bets. Amanda Leatherman joins Team Bodog The ex-cheerleader is well known to the poker community and will soon be hitting the felts in the Bodog brand colors. Spiral Solutions to launch Italian online casino Spiral Solutions has partnered with Nexigames to launch Gioca Casino, an online casino in the regulated Italian market. Offsidegaming appoints new Trading Director The sportsbook technology provider has appointed 10-year industry veteran Konstantinos Stranomitis in the position. Betgenius announces partnership with RunningBall This partnership enables Betgenius clients to trade over 30,000 live sports events per year from over 70 countries. U.S. Digital Gaming to host event in L.A. U.S. Digital Gaming and the Los Angeles Business Journal will present a forum on the impact of legal online gambling. Sunplus ONEbook rebrands as ONEworks The Asian sportsbook platform provider launched its new brand name at EiG Milan this week. Sept. 20-22 European iGaming Congress & Expo (EiG) EiG is celebrating its 10th birthday by moving to Milan in the heart of Europe's fastest growing market. And it's offering its usual exciting experience with a great roster of speakers and exhibitors. Oct. 3 iGaming Congress at G2E iGaming Congress at G2E is the largest conference in North America for Internet-based gaming. It will address the latest legalization possibilities and tax structures for the U.S. market, as well as the overall business of acquiring players, protecting players, processing payments and much more. Oct. 3-6 Global Gaming Expo (G2E) G2E is the world's largest gaming event where gaming executives, buyers and industry professionals meet each fall in Las Vegas to conduct serious business. |
According to Justice Department filings, Full Tilt Poker sent a form e-mail to players who asked about the safety of their funds that stated, "Our players funds are kept in several deposit accounts throughout the world, all of which are separate and distinct from our operating accounts."
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