Online Poker Today
August 18th Poker news ... Online Poker Today at online-pokertoday.com
HIGH STAKES POKER PLAYERS TO PLEAD GUILTY ON INTERNET GAMBLING CHARGES (Update)
The ripples from the enforcement bust of an allegedly organised crime-associated high stakes and celebrity poker ring based in an upmarket art gallery in Manhattan in April this year (see previous InfoPowa reports) continue to widen, with two high stakes professionals reportedly due to plead guilty on September 4 to reduced charges.
The latest defendants among the 34 arrested to plead guilty are Edwin Ting (41) and Justin "BoostedJ" Smith (25), who the New York Daily News reports will acknowledge guilt on illegal internet gambling business charges in an enterprise that was allegedly associated with a Russian organised crime enterprise.
The extensive federal indictment detailing the illegal activity covers both poker and sports betting, with funds from Russia laundered through the United States and Cyprus.
A section of the indictment unsealed in April claims:
"The organization ran a high-stakes illegal gambling business that catered primarily to multi-millionaire and billionaire clients. The organization utilized several online gambling websites that operated illegally in the U.S. Debts owed to the Nahmad-Trincher Organization sometimes reached hundreds of thousands of dollars and even millions. One client surrendered his plumbing company to the organization as payment of the debt."
Allegedly, more than $100 million was laundered.
View the Department of Justice press release here: http://www.fbi.gov/newyork/press-releases/2013/manhattan-u.s.-attorney-charges-34-members-and-associates-of-two-russian-american-organized-crime-enterprises-with-operating-international-sportsbooks-that-laundered-more-than-100-million
FORMER ONLINE POKER OPERATOR IN PUBLIC SPAT OVER MONEY
The number of celebrities who have seen Twitter posts made in anger backfire should be a cautionary example for all users of socia Apuestas UFC l media communications, yet very public - and permanent - disputes still continue to surface on the site and its emailed content.
The latest very public industry spat was reported this weekend by the information site Poker Eagles, which detailed a squabble over money that erupted on Twitter and involved Dan Fleyshman, the high profile former CEO of Victory Poker which folded its cards after Black Friday; one of its erstwhile poker pros David The Maven Chicotsky and Bluff Magazine founder Eric Morris.
With allegations of substantial sums of money owed, the argument appeared to achieve very little, but encouraged at least one outsider to butt in with opinions and questions.
It could also serve as yet another example of how dangerous it is to throw accusations around in the heat of the moment on a public internet venue viewed by millions every day. It there's a sound case, take it to the courts, not the court of public opinion.
2015 Kentucky Derby Odds
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Check 2015 KY Derby Schedule May 1 and 24 at Sportsbook.com
Odds to Win 2015 Kentucky Derby