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Hellmuth's Thinking Flawed Regarding D.C. iGaming

24 August 2011 , By: compncards
Phil Hellmuth Blog 199x300
Phil Hellmuth recently told the Washington Post that he didn't feel Washington D. C. 's upcoming iGaming site will be successful. His primary reasoning was that the site will be unattractive to the typical online pro because the games will likely be all "low-stakes.
Categories: Online poker, Phil Hellmuth, Washington D.C.

Qureshi Admits to Chip Dumping and Cover-up for Prodigy Scam

1 12 August 2011 , By: compncards
A couple of days ago, I wrote a blog about the Portuguese Scamming Prodigy, aka Jose "Girah" Macedo. In that blog, I talked about Girah's admissions of guilt in his blog, etc. Now, even more evidence has come out regarding the case, including an admission by Haseeb Qureshi that makes things look even worse. On Wednesday, Bluff Magazine posted a interview with Qureshi where he admitted to chip dumping to Macedo, multi-accounting on numerous occasions on both Lock Poker and on TwoPlusTwo, helping to cover up the scandal, and even admitted that he didn't verify that Girah's stats were real.
Categories: Girah, Haseeb Qureshi, Jose Macedo, Portuguese Scamming Prodigy

Full Tilt Finally Pays Out - Just Not to You

6 August 2011 , By: compncards
Alderney Gets Paid 430x258
The Alderney Gambling Control Commission announced today that Full Tilt has paid the license fees that were due. According to reports, this amount was reported to be around $410,000. In its statement regarding the matter, the AGCC claimed that "The recent payment of overdue license fees by FTP is also in players’ best interests since it allows commercial negotiations to take place that might result in a successful refinancing deal. " If you read between the lines, that basically equates to "We will give them their license back should Full Tilt secure a deal.
Categories: AGCC, Alderney Gambling Control Commission, Full Tilt

Ray Bitar Given the Boot as Full Tilt CEO?

7 July 2011 , By: compncards
Bitar 168x300
According to a post on Wicked Chops Poker[http://wickedchopspoker. com/ray-bitar-out-at-full-tilt-alderney-to-unsuspend-license/], Ray Bitar is out at Full Tilt Poker as the CEO and there is a good chance that the Alderney Gambling Control Commission will reinstate Full Tilt Poker's license. If the story from WCP proves to be true, this will be some of the best news since it was announced that Full Tilt Poker is in talks to sell controlling interest in the company. WCP made a great point about any new investor not wanting someone running the company that was indicted by the U.
Categories: Full Tilt Poker, Ray Bitar
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