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Friday, May 29, 2009
PartyPoker Lobbies for Mike Sexton to Join Poker Hall of Fame, by Dan Cypra - Poker News Daily - 27th May 2009
With news that the voting for the Poker Hall of Fame is open until July 2nd, PartyPoker has begun lobbying for its ambassador, World Poker Tour Host Mike Sexton, to be among those considered.
Nominations are open to the general public. Interested poker fans can submit the name of their chosen nominee plus up to 250 words describing why they should be the newest Poker Hall of Fame member. During the World Series of Poker (WSOP) Main Event, Harrah’s officials will announce the names of the top 10 nominees, which will in turn be voted on by the 16 living Hall of Fame members. In addition, select media members will receive voting rights. Each person will rank their top nominees, but “only those they deem worthy of admission in 2009,” according to a WSOP press release. In order to be enshrined, a player must accrue 75% of the vote.
Longtime players or those who have contributed to the game are eligible to be considered for the Poker Hall of Fame. Sexton, a Guest Columnist here on Poker News Daily, recently wrapped up the seventh season of the World Poker Tour (WPT). He has been the voice of the WPT ever since Season I. This year, he celebrates the 20th anniversary of his WSOP bracelet win in a $1,500 buy-in Seven Card Stud High-Low tournament in which he defeated Sid “The Kid” Herald heads-up. WPT Founder, President, and CEO Steve Lipscomb told Poker News Daily, “Mike is the consummate face of poker. He was making poker mainstream before it had a prayer of being mainstream. He helped launch the WPT – which changed the poker world forever. Then, he convinced the WPT to include PartyPoker in Season I, which changed the poker world again forever. Let’s get the man into the Poker Hall of Fame!”
Sexton recently re-signed with PartyPoker and will serve as the ambassador for the world’s fourth largest online poker site in Las Vegas during the WSOP. At the Rio, a bevy of rising poker stars will take to the felts. Many were first turned onto the game by watching Sexton and WPT Co-Host Vince Van Patten bring poker to life every week. Party Gaming’s Warren Lush told Poker News Daily that Sexton has wide appeal in the industry: “I intend to approach the media and influential figures in the game and lobby for Mike because he really deserves it – he qualifies on so many levels. It is extremely encouraging that a figure such as Annette Obrestad has already expressed her intent to vote for him because she is a representative of the new generation of players. Mike appeals to players both old and new.” Also lobbying for Sexton is Irish poker pro Padraig Parkinson.
In 2008, poker pro Dewey Tomko and hole card camera inventor Henry Orenstein joined the Poker Hall of Fame in a special ceremony during the WSOP Main Event final table. Orenstein is a producer of GSN’s “High Stakes Poker” and won a WSOP bracelet in 1996 in a $5,000 buy-in Seven Card Stud tournament. Tomko first cashed in a WSOP tournament 30 years ago and holds three bracelets, two of which came in back to back events in 1984. Other Poker Hall of Fame members include Puggy Pearson, T.J. Cloutier, Johnny Chan, Stu Ungar, WPT Founder Lyle Berman, Chip Reese, Doyle Brunson, Bobby Baldwin, Jack Binion, and Johnny Moss. Two industry members have been enshrined every year since 2002; Barbara Enright and Ultimate Bet’s Phil Hellmuth served as the Class of 2007.
Sexton has 44 cashes on the felts of the WSOP, tied with Chris Bjorin for the 11th most all-time. He won the Foxwoods World Poker Finals’ first $10,000 buy-in event in 1992. Eight years later, he became the first American to take down the Euro Finals of Poker. In 2006, the WPT Host battled through the field in the WSOP Tournament of Champions, winning $1 million and defeating Daniel Negreanu heads-up. Sexton has also appeared at poker trials around the United States serving as an expert witness. Most recently, he testified in a case in South Carolina that poker is a game of skill by using hands that played out on the WPT circuit.
Vote for the 2009 Poker Hall of Fame class.
(Credit: Poker News Daily)
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With news that the voting for the Poker Hall of Fame is open until July 2nd, PartyPoker has begun lobbying for its ambassador, World Poker Tour Host Mike Sexton, to be among those considered.
Nominations are open to the general public. Interested poker fans can submit the name of their chosen nominee plus up to 250 words describing why they should be the newest Poker Hall of Fame member. During the World Series of Poker (WSOP) Main Event, Harrah’s officials will announce the names of the top 10 nominees, which will in turn be voted on by the 16 living Hall of Fame members. In addition, select media members will receive voting rights. Each person will rank their top nominees, but “only those they deem worthy of admission in 2009,” according to a WSOP press release. In order to be enshrined, a player must accrue 75% of the vote.
Longtime players or those who have contributed to the game are eligible to be considered for the Poker Hall of Fame. Sexton, a Guest Columnist here on Poker News Daily, recently wrapped up the seventh season of the World Poker Tour (WPT). He has been the voice of the WPT ever since Season I. This year, he celebrates the 20th anniversary of his WSOP bracelet win in a $1,500 buy-in Seven Card Stud High-Low tournament in which he defeated Sid “The Kid” Herald heads-up. WPT Founder, President, and CEO Steve Lipscomb told Poker News Daily, “Mike is the consummate face of poker. He was making poker mainstream before it had a prayer of being mainstream. He helped launch the WPT – which changed the poker world forever. Then, he convinced the WPT to include PartyPoker in Season I, which changed the poker world again forever. Let’s get the man into the Poker Hall of Fame!”
Sexton recently re-signed with PartyPoker and will serve as the ambassador for the world’s fourth largest online poker site in Las Vegas during the WSOP. At the Rio, a bevy of rising poker stars will take to the felts. Many were first turned onto the game by watching Sexton and WPT Co-Host Vince Van Patten bring poker to life every week. Party Gaming’s Warren Lush told Poker News Daily that Sexton has wide appeal in the industry: “I intend to approach the media and influential figures in the game and lobby for Mike because he really deserves it – he qualifies on so many levels. It is extremely encouraging that a figure such as Annette Obrestad has already expressed her intent to vote for him because she is a representative of the new generation of players. Mike appeals to players both old and new.” Also lobbying for Sexton is Irish poker pro Padraig Parkinson.
In 2008, poker pro Dewey Tomko and hole card camera inventor Henry Orenstein joined the Poker Hall of Fame in a special ceremony during the WSOP Main Event final table. Orenstein is a producer of GSN’s “High Stakes Poker” and won a WSOP bracelet in 1996 in a $5,000 buy-in Seven Card Stud tournament. Tomko first cashed in a WSOP tournament 30 years ago and holds three bracelets, two of which came in back to back events in 1984. Other Poker Hall of Fame members include Puggy Pearson, T.J. Cloutier, Johnny Chan, Stu Ungar, WPT Founder Lyle Berman, Chip Reese, Doyle Brunson, Bobby Baldwin, Jack Binion, and Johnny Moss. Two industry members have been enshrined every year since 2002; Barbara Enright and Ultimate Bet’s Phil Hellmuth served as the Class of 2007.
Sexton has 44 cashes on the felts of the WSOP, tied with Chris Bjorin for the 11th most all-time. He won the Foxwoods World Poker Finals’ first $10,000 buy-in event in 1992. Eight years later, he became the first American to take down the Euro Finals of Poker. In 2006, the WPT Host battled through the field in the WSOP Tournament of Champions, winning $1 million and defeating Daniel Negreanu heads-up. Sexton has also appeared at poker trials around the United States serving as an expert witness. Most recently, he testified in a case in South Carolina that poker is a game of skill by using hands that played out on the WPT circuit.
Vote for the 2009 Poker Hall of Fame class.
(Credit: Poker News Daily)
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Daniel Tzvetkoff falls back to earth with a thud, by James Mccullough - The Courier-Mail - 25th May 2009
Barely a year up-and-coming entrepreneur Daniel Tzvetkoff was the Gen Y version of author Tom Wolfe's "Master of the Universe".
For, like Sherman McCoy, Wolfe's central character in his masterful 1987 book about financial high-flyers, Bonfire of the Vanities, Tzvetkoff had everything.
Today, however, the company he majority owns owes about $30 million to online US poker houses.
And if the recent disposal of some of his assets is a guide, he's had a harsh reality check.
Mr Tzvetkoff hit the headlines last year after the mysterious 24-year-old internet entrepreneur had shelled out an impressive $29 million to buy tourism entrepreneur Tony Smith's palatial mansion at Hedges Ave on the Gold Coast.
He drove a Lamborghini with the number plate "baller", owned a massive boat, chartered impressive jets, opened his own Fortitude Valley nightclub, Zuri, sponsored a V8 supercar racing team – and was busy amassing property and doing interesting side deals.
In between driving the Lambo he got around in a Ferrari 599, an Audi S6, a Range Rover and a Ford GT40. During regular trips to Las Vegas, where he is rumoured to have a house, he was again spotted in a Lambo.
Mr Tzvetkoff is young and good looking. He loves fine champagne and had a penchant for the very high life, although deep down he is a boy from Ipswich with Bulgarian parents.
In some IT sectors he was and still is described as a genius who created an enviable business through his main Australian company Intabill, based in Brisbane's inner-west suburb Milton, of which he owns a two-third's share and is managing director.
That company is owned by BT Projects Pty Ltd, whose three shareholders are listed as Tzvetkoff, local lawyer Sam Sciacca and an Alberta, Canada-based company called Rendel Investments.
In recent times Mr Tzvetkoff's business has come back to earth with a thud. A few weeks back Intabill sacked 96 staff from its Milton head office. At the time Mr Tzvetkoff blamed the global economic crisis and said he was refocusing his company. Barely a dozen staff remain at Milton.
His prized Lamborghini and other flash European cars have now gone. His Hedges Ave mansion is believed to be back on the market.
The Courier-Mail understands Tzvetkoff has been personally contacting potential buyers of the property.
Ray White's salesman Michael Kollosche, who handled the original sale, said he had not received any instructions to resell the property.
"As far as I understand it, he is hoping to finish the renovations and move into the property in the next few months," Mr Kollosche said.
Mr Tzvetkoff told The Courier-Mail on March 17 that the house would be completed in "about three or four weeks" but work on the property now seems to have slowed.
The house, bought for $29 million, had a $19 million mortgage over it through National Australia Bank but was remortgaged in recent months.
An apartment he also owns on Hedges Ave at Mermaid Beach – the Coast's "Millionaire's Row" – went to auction last week but did not sell.
The boat of about 27m is moored at the Gold Coast and up for sale. The latest leased jet has been left on the tarmac at Las Vegas.
"Basically everything is for sale," one Intabill insider revealed last week.
Mr Tzvetkoff and his business partner Mr Sciacca had signed a contract for more than $20 million to buy their office headquarters on the corner of Coronation Drive and Cribb St, Milton, from the Becton Group. But whether that contract will settle is now not certain.
So how could things have turned for the worse for a young man in a hurry with some great ideas, huge piles of cash and a solid group of talented followers?
In its early days Intabill claimed to be one of the world's top 10 online payment processors, enabling more than a million transactions a month between websites, customers and banks. It originally had more than 5000 clients, mostly in Europe and North America, from online gambling and travel websites to airlines and global banks.
About 50 per cent of Intabill's business relates to online gambling, with the balance a fair spread between online ticketing, travel and the like.
Funds were sent to online poker houses often via a processing company or an intermediary – a Salt Lake-based independent company called Impact. Today Intabill owes four of the largest online poker sites in the world about $30 million.
The figure was higher but asset sales and "arrangements" put in place by Intabill and the sites reduced some of the debt.
About $25 million is owed to the largest online poker site, the Isle of Mann domiciled Poker Stars – which operates out of North America, run by the powerful Isai Scheinberg – and Full Tilt Poker, based in Dublin but also run out of the US.
Mr Scheinberg is believed to be worth more than $US1 billion ($A1.28 billion) and his so called poker stars, include the likes of actor Jason Alexander (Seinfield), author and part time poker player Anthony Holden, Brazilian auto racer and team owner Gualter Salles and Darus Suharto, who made the final table of the 2008 World Series of Poker Main Events.
Another $3 million is owed to Absolute Poker and a further $2 million to Golden Palace, a casino and online poker group.
It's understood Impact became increasingly anxious about funds owed and pulled the plug on Intabill's processing operation.
Other insiders blame the loss of customers on increased "charge backs" – or R10s as they are called in the trade – where consumers complain about their credit card or direct debit charges.
It's understood Intabill's charge backs were very low in some areas and reasonably high in others.
Last month when Intabill slashed its staff numbers, Mr Tzvetkoff blamed challenging market conditions and the increased cost of funding loan products.
Mr Tzvetkoff pointed out that – as experienced already by the likes of GE Money – the cost of funding in wholesale markets has dramatically increased in the present volatile market conditions.
He said this has meant a planned diversification into lending products had been terminated.
"In recent weeks we have come to the realisation that diversifying in these difficult market conditions presents too many risks and challenges," he said.
"Hence we have decided to scale back our operation to focus on our core e-commerce processing platform."
Despite several phone calls and email requests, Mr Tzvetkoff did not respond to The Courier-Mail's request for an interview. (Credit: The Courier-Mail)
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Barely a year up-and-coming entrepreneur Daniel Tzvetkoff was the Gen Y version of author Tom Wolfe's "Master of the Universe".
For, like Sherman McCoy, Wolfe's central character in his masterful 1987 book about financial high-flyers, Bonfire of the Vanities, Tzvetkoff had everything.
Today, however, the company he majority owns owes about $30 million to online US poker houses.
And if the recent disposal of some of his assets is a guide, he's had a harsh reality check.
Mr Tzvetkoff hit the headlines last year after the mysterious 24-year-old internet entrepreneur had shelled out an impressive $29 million to buy tourism entrepreneur Tony Smith's palatial mansion at Hedges Ave on the Gold Coast.
He drove a Lamborghini with the number plate "baller", owned a massive boat, chartered impressive jets, opened his own Fortitude Valley nightclub, Zuri, sponsored a V8 supercar racing team – and was busy amassing property and doing interesting side deals.
In between driving the Lambo he got around in a Ferrari 599, an Audi S6, a Range Rover and a Ford GT40. During regular trips to Las Vegas, where he is rumoured to have a house, he was again spotted in a Lambo.
Mr Tzvetkoff is young and good looking. He loves fine champagne and had a penchant for the very high life, although deep down he is a boy from Ipswich with Bulgarian parents.
In some IT sectors he was and still is described as a genius who created an enviable business through his main Australian company Intabill, based in Brisbane's inner-west suburb Milton, of which he owns a two-third's share and is managing director.
That company is owned by BT Projects Pty Ltd, whose three shareholders are listed as Tzvetkoff, local lawyer Sam Sciacca and an Alberta, Canada-based company called Rendel Investments.
In recent times Mr Tzvetkoff's business has come back to earth with a thud. A few weeks back Intabill sacked 96 staff from its Milton head office. At the time Mr Tzvetkoff blamed the global economic crisis and said he was refocusing his company. Barely a dozen staff remain at Milton.
His prized Lamborghini and other flash European cars have now gone. His Hedges Ave mansion is believed to be back on the market.
The Courier-Mail understands Tzvetkoff has been personally contacting potential buyers of the property.
Ray White's salesman Michael Kollosche, who handled the original sale, said he had not received any instructions to resell the property.
"As far as I understand it, he is hoping to finish the renovations and move into the property in the next few months," Mr Kollosche said.
Mr Tzvetkoff told The Courier-Mail on March 17 that the house would be completed in "about three or four weeks" but work on the property now seems to have slowed.
The house, bought for $29 million, had a $19 million mortgage over it through National Australia Bank but was remortgaged in recent months.
An apartment he also owns on Hedges Ave at Mermaid Beach – the Coast's "Millionaire's Row" – went to auction last week but did not sell.
The boat of about 27m is moored at the Gold Coast and up for sale. The latest leased jet has been left on the tarmac at Las Vegas.
"Basically everything is for sale," one Intabill insider revealed last week.
Mr Tzvetkoff and his business partner Mr Sciacca had signed a contract for more than $20 million to buy their office headquarters on the corner of Coronation Drive and Cribb St, Milton, from the Becton Group. But whether that contract will settle is now not certain.
So how could things have turned for the worse for a young man in a hurry with some great ideas, huge piles of cash and a solid group of talented followers?
In its early days Intabill claimed to be one of the world's top 10 online payment processors, enabling more than a million transactions a month between websites, customers and banks. It originally had more than 5000 clients, mostly in Europe and North America, from online gambling and travel websites to airlines and global banks.
About 50 per cent of Intabill's business relates to online gambling, with the balance a fair spread between online ticketing, travel and the like.
Funds were sent to online poker houses often via a processing company or an intermediary – a Salt Lake-based independent company called Impact. Today Intabill owes four of the largest online poker sites in the world about $30 million.
The figure was higher but asset sales and "arrangements" put in place by Intabill and the sites reduced some of the debt.
About $25 million is owed to the largest online poker site, the Isle of Mann domiciled Poker Stars – which operates out of North America, run by the powerful Isai Scheinberg – and Full Tilt Poker, based in Dublin but also run out of the US.
Mr Scheinberg is believed to be worth more than $US1 billion ($A1.28 billion) and his so called poker stars, include the likes of actor Jason Alexander (Seinfield), author and part time poker player Anthony Holden, Brazilian auto racer and team owner Gualter Salles and Darus Suharto, who made the final table of the 2008 World Series of Poker Main Events.
Another $3 million is owed to Absolute Poker and a further $2 million to Golden Palace, a casino and online poker group.
It's understood Impact became increasingly anxious about funds owed and pulled the plug on Intabill's processing operation.
Other insiders blame the loss of customers on increased "charge backs" – or R10s as they are called in the trade – where consumers complain about their credit card or direct debit charges.
It's understood Intabill's charge backs were very low in some areas and reasonably high in others.
Last month when Intabill slashed its staff numbers, Mr Tzvetkoff blamed challenging market conditions and the increased cost of funding loan products.
Mr Tzvetkoff pointed out that – as experienced already by the likes of GE Money – the cost of funding in wholesale markets has dramatically increased in the present volatile market conditions.
He said this has meant a planned diversification into lending products had been terminated.
"In recent weeks we have come to the realisation that diversifying in these difficult market conditions presents too many risks and challenges," he said.
"Hence we have decided to scale back our operation to focus on our core e-commerce processing platform."
Despite several phone calls and email requests, Mr Tzvetkoff did not respond to The Courier-Mail's request for an interview. (Credit: The Courier-Mail)
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Wednesday, May 27, 2009
Review of website blacklist in wind, by Dan Harrison - The Age - 27th May 2009
The Federal Government is considering having a secret blacklist of banned websites reviewed by a panel of eminent Australians or a parliamentary committee to try to get more transparency in the controversial internet censorship regime.
The blacklist, which has existed since 2000, is maintained by the Australian Communications and Media Authority, which considers sites for inclusion based on complaints from the public, groups and law enforcement agencies.
The list is supplied to the makers of internet filters, but publication of the list is a criminal offence. This has led to criticisms that websites could be listed without their knowing it and without any opportunity to challenge their inclusion.
The Government became the subject of ridicule in March when whistleblower website Wikileaks published a list of websites it claimed was the blacklist. As well as child porn, bestiality, rape and extreme violence sites, the list included seemingly innocuous pages including online poker sites and the website of a dentist.
Communications Minister Stephen Conroy told a Senate estimates hearing yesterday that the Government was "considering options for greater transparency and accountability in respect of the blacklist", including a regular review of the list by a panel of eminent persons or parliamentary committee or a review of complaints by the classification board. The ACMA blacklist is being used as the basis for trials to test the technical feasibility of government plans to block banned websites at the internet service provider level.
The proposal has attracted fierce criticism on free speech grounds and from others who suggest it will be ineffective and will slow internet speeds. Senator Conroy said the results of the trials would be considered along with possible transparency measures before the Government makes a final decision on implementation of the policy.
About 30,000 customers have been invited to participate in the trials by the nine internet service providers taking part. Senator Conroy has promised to release a report on the results of the trials, which are expected in July.
The blacklist contains 977 websites. Senator Conroy said the Government hoped to expand the list through co-operation with international agencies.
Communications and Media Authority officials told the hearing of a 90 per cent increase in complaints about websites in the past 18 months. They attributed this to greater public awareness of the list.
Senator Conroy has said the filtering efforts would focus on "refused classification" material, such as child sexual abuse and instruction in crime. (Credit: The Age)
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The Federal Government is considering having a secret blacklist of banned websites reviewed by a panel of eminent Australians or a parliamentary committee to try to get more transparency in the controversial internet censorship regime.
The blacklist, which has existed since 2000, is maintained by the Australian Communications and Media Authority, which considers sites for inclusion based on complaints from the public, groups and law enforcement agencies.
The list is supplied to the makers of internet filters, but publication of the list is a criminal offence. This has led to criticisms that websites could be listed without their knowing it and without any opportunity to challenge their inclusion.
The Government became the subject of ridicule in March when whistleblower website Wikileaks published a list of websites it claimed was the blacklist. As well as child porn, bestiality, rape and extreme violence sites, the list included seemingly innocuous pages including online poker sites and the website of a dentist.
Communications Minister Stephen Conroy told a Senate estimates hearing yesterday that the Government was "considering options for greater transparency and accountability in respect of the blacklist", including a regular review of the list by a panel of eminent persons or parliamentary committee or a review of complaints by the classification board. The ACMA blacklist is being used as the basis for trials to test the technical feasibility of government plans to block banned websites at the internet service provider level.
The proposal has attracted fierce criticism on free speech grounds and from others who suggest it will be ineffective and will slow internet speeds. Senator Conroy said the results of the trials would be considered along with possible transparency measures before the Government makes a final decision on implementation of the policy.
About 30,000 customers have been invited to participate in the trials by the nine internet service providers taking part. Senator Conroy has promised to release a report on the results of the trials, which are expected in July.
The blacklist contains 977 websites. Senator Conroy said the Government hoped to expand the list through co-operation with international agencies.
Communications and Media Authority officials told the hearing of a 90 per cent increase in complaints about websites in the past 18 months. They attributed this to greater public awareness of the list.
Senator Conroy has said the filtering efforts would focus on "refused classification" material, such as child sexual abuse and instruction in crime. (Credit: The Age)
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Tuesday, May 26, 2009
PKR to Broadcast 24 WSOP Final Tables, by Dan Cypra - Poker News Daily - 25th May 2009
Independent online poker room PKR has announced that it will air the final tables of 24 World Series of Poker (WSOP) tournaments as the “exclusive sole live broadcaster.” The news comes on the heels of an announcement that ESPN360.com and BluffMagazine.com will also stream 24 events.
PKR has set up a free website dedicated to WSOP coverage from the Rio in Las Vegas. Of the 24 events that will make up PKR’s live coverage, the site is looking forward to the $50,000 buy-in HORSE Championship. Last year, it was infamously won by Expekt Poker pro Scotty Nguyen, who was allegedly inebriated during the festivities and visibly hostile to both his tablemates and Rio staff. Nevertheless, Nguyen became the third winner of the prestigious event, which awards the Chip Reese Trophy to the winner. The late Reese took down the inaugural 2006 version, besting Full Tilt Poker pro Andy Bloch heads-up. In 2007, the $50,000 buy-in HORSE Championship was won by Freddy Deeb, who defeated Bruno Fitoussi to earn $2.3 million.
PKR will also carry several final tables of the $10,000 buy-in events. The World Championship of Heads-Up No Limit Hold’em is Event #29 and was won last year by Kenny Tran, who outlasted Alec Torelli in the final match. World Poker Tour (WPT) Founder Lyle Berman took fifth in that contest, with a bevy of world-class pros finishing near the top. The World Championship of Pot Limit Omaha will also air on PKR. In 2008, Boyle Poker pro Marty Smyth captured his first bracelet in it and defeated Peter Jetten. Coming in third place was Michael “The Grinder” Mizrachi, who earned over $330,000 for his efforts.
PKR Marketing Director Simon Prodger commented in a press release distributed by the online poker site, “The World Series of Poker is without doubt the biggest event of the poker calendar and it fills me with delight that PKR has managed to scoop exclusive rights to be the official broadcaster for these 24 bracelet events.” PKR has also become the official non-U.S. sponsor of the WSOP’s official website. A large PKR ad now dons the top of the site. The gray menu bar, which in the United States is sponsored by Bluff Magazine, is sponsored by PKR outside of the North American nation. The WSOP Countdown is also presented by PKR and the site has information at the bottom of the page about its WSOP satellites and along with a host of ads.
Among those events that will be shown on PKR are:
Event #4: $1,000 No Limit Hold’em Stimulus Special
Event #17: $1,000 Ladies Championship
Event #18: $10,000 World Championship Omaha High-Low Split Eight or Better
Event #29: $10,000 World Championship Heads-Up No Limit Hold’em
Event #33: $10,000 World Championship Limit Hold’em
Event #35: $5,000 Pot Limit Omaha
Event #40: $10,000 World Championship Pot Limit Omaha
Event #41: $5,000 No Limit Hold’em Shootout
Event #45: $10,000 World Championship Pot Limit Hold’em
Event #49: $50,000 World Championship HORSE event
PKR was one of the first online poker sites to popularize the concept of 3D poker. On the last Sunday of every month, the room offers the $100,000 Guaranteed PKR Masters, a $250 buy-in tournament that pays out at least $25,000 to its winner. $27 direct buy-in satellites are available, as are a multitude of options starting as low as $0.52 or 900 PKR Points. PKR regularly offers a $30,000 guaranteed prize pool tournament on other Sundays that comes with a price tag of $88. Every day except Wednesday, the site offers an $18 buy-in $10,000 guaranteed tournament along with a Daily $17K.
According to PokerScout.com, which keeps tabs on online poker room traffic, PKR is the 14th largest network or site worldwide with a seven day running average of 790 cash game players. It does not accept U.S. customers. (Credit: Poker News Daily)
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Independent online poker room PKR has announced that it will air the final tables of 24 World Series of Poker (WSOP) tournaments as the “exclusive sole live broadcaster.” The news comes on the heels of an announcement that ESPN360.com and BluffMagazine.com will also stream 24 events.
PKR has set up a free website dedicated to WSOP coverage from the Rio in Las Vegas. Of the 24 events that will make up PKR’s live coverage, the site is looking forward to the $50,000 buy-in HORSE Championship. Last year, it was infamously won by Expekt Poker pro Scotty Nguyen, who was allegedly inebriated during the festivities and visibly hostile to both his tablemates and Rio staff. Nevertheless, Nguyen became the third winner of the prestigious event, which awards the Chip Reese Trophy to the winner. The late Reese took down the inaugural 2006 version, besting Full Tilt Poker pro Andy Bloch heads-up. In 2007, the $50,000 buy-in HORSE Championship was won by Freddy Deeb, who defeated Bruno Fitoussi to earn $2.3 million.
PKR will also carry several final tables of the $10,000 buy-in events. The World Championship of Heads-Up No Limit Hold’em is Event #29 and was won last year by Kenny Tran, who outlasted Alec Torelli in the final match. World Poker Tour (WPT) Founder Lyle Berman took fifth in that contest, with a bevy of world-class pros finishing near the top. The World Championship of Pot Limit Omaha will also air on PKR. In 2008, Boyle Poker pro Marty Smyth captured his first bracelet in it and defeated Peter Jetten. Coming in third place was Michael “The Grinder” Mizrachi, who earned over $330,000 for his efforts.
PKR Marketing Director Simon Prodger commented in a press release distributed by the online poker site, “The World Series of Poker is without doubt the biggest event of the poker calendar and it fills me with delight that PKR has managed to scoop exclusive rights to be the official broadcaster for these 24 bracelet events.” PKR has also become the official non-U.S. sponsor of the WSOP’s official website. A large PKR ad now dons the top of the site. The gray menu bar, which in the United States is sponsored by Bluff Magazine, is sponsored by PKR outside of the North American nation. The WSOP Countdown is also presented by PKR and the site has information at the bottom of the page about its WSOP satellites and along with a host of ads.
Among those events that will be shown on PKR are:
Event #4: $1,000 No Limit Hold’em Stimulus Special
Event #17: $1,000 Ladies Championship
Event #18: $10,000 World Championship Omaha High-Low Split Eight or Better
Event #29: $10,000 World Championship Heads-Up No Limit Hold’em
Event #33: $10,000 World Championship Limit Hold’em
Event #35: $5,000 Pot Limit Omaha
Event #40: $10,000 World Championship Pot Limit Omaha
Event #41: $5,000 No Limit Hold’em Shootout
Event #45: $10,000 World Championship Pot Limit Hold’em
Event #49: $50,000 World Championship HORSE event
PKR was one of the first online poker sites to popularize the concept of 3D poker. On the last Sunday of every month, the room offers the $100,000 Guaranteed PKR Masters, a $250 buy-in tournament that pays out at least $25,000 to its winner. $27 direct buy-in satellites are available, as are a multitude of options starting as low as $0.52 or 900 PKR Points. PKR regularly offers a $30,000 guaranteed prize pool tournament on other Sundays that comes with a price tag of $88. Every day except Wednesday, the site offers an $18 buy-in $10,000 guaranteed tournament along with a Daily $17K.
According to PokerScout.com, which keeps tabs on online poker room traffic, PKR is the 14th largest network or site worldwide with a seven day running average of 790 cash game players. It does not accept U.S. customers. (Credit: Poker News Daily)
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Monday, May 25, 2009
Harrah’s launches interactive department for WSOP, by Amanda Finnegan - Las Vegas Sun - 22nd May 2009
Harrah’s Entertainment announced today that it has launched a new subsidiary, Harrah’s Interactive Entertainment, to oversee the global and online growth of its World Series of Poker brand.
Harrah’s has hired Mitch Garber, the former CEO of PartyGaming, the largest online gaming company in the world, as the Harrah’s Interactive Entertainment CEO.
"As the world's largest gaming company, Harrah's is taking a proactive approach toward international and interactive expansion," Harrah's CEO Gary Loveman said in a statement. "It is important we position ourselves to explore new markets as well as new technologies with our best in class brands."
Jeffery Pollack will stay as commissioner of WSOP and will add president of the subsidiary to his title.
The company said in addition to growing the WSOP, Harrah’s Interactive will explore the use of interactive gaming technologies globally, beginning with Europe.
The WSOP expanded to Europe in 2007 with the introduction of WSOP Europe held each fall in London.
The WSOP event starts Tuesday at the Rio. Last year’s tournament attracted 58,720 entrants from 124 different countries. (Credit: Las Vegas Sun)
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Harrah’s Entertainment announced today that it has launched a new subsidiary, Harrah’s Interactive Entertainment, to oversee the global and online growth of its World Series of Poker brand.
Harrah’s has hired Mitch Garber, the former CEO of PartyGaming, the largest online gaming company in the world, as the Harrah’s Interactive Entertainment CEO.
"As the world's largest gaming company, Harrah's is taking a proactive approach toward international and interactive expansion," Harrah's CEO Gary Loveman said in a statement. "It is important we position ourselves to explore new markets as well as new technologies with our best in class brands."
Jeffery Pollack will stay as commissioner of WSOP and will add president of the subsidiary to his title.
The company said in addition to growing the WSOP, Harrah’s Interactive will explore the use of interactive gaming technologies globally, beginning with Europe.
The WSOP expanded to Europe in 2007 with the introduction of WSOP Europe held each fall in London.
The WSOP event starts Tuesday at the Rio. Last year’s tournament attracted 58,720 entrants from 124 different countries. (Credit: Las Vegas Sun)
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