New York poker duo to plead guilty

New York Daily News – You got to know when to fold’em. Two gamblers charged in connection with an illegal, high-stakes poker and sports betting ring for high-rollers, hedge funders and Hollywood A-Listers plan to enter guilty pleas next month. Justin Smith, 25, and Edwin Ting, 41, are scheduled to cop pleas Sept. 4, according to court papers filed Thursday by Manhattan federal prosecutors. Smith, of Los Angeles, will plead guilty to accepting payment for unlawful Internet gambling, the papers said. He is also charged with operation an illegal gambling business and would face up to 10 years in prison…

Full Tilt Poker Victims To Receive Emails In September

Card Player – The Garden City Group, the claims administrator for the Full Tilt Poker money, released an update Friday on its website, FullTiltPokerClaims.com. The firm stated: Starting on September 16, 2013, GCG will email a Notice with instructions on how to submit a Petition for Remission online to all potentially eligible claimants identified by GCG utilizing data supplied by Full Tilt Poker (“FTP”). The deadline to submit a Petition for Remission is November 15, 2013. Instructions concerning the filing of Petitions will be included in the Notice and will be posted on this website. Please continue to check this…

California Online Poker Bill Amended: Classified As ‘Urgency’ Bill

Card Player – It still faces an incredibly low chance of passing, but one of the online gaming bills floating in California’s legislature was amended on Monday. It is now classified as an “urgency” measure. The 2013 legislative session ends next month. The new language in Senate Bill 678 states: “This act is an urgency statute necessary for the immediate preservation of the public peace, health, or safety within the meaning of Article IV of the Constitution and shall go into immediate effect. The facts constituting the necessity are: In order to protect the interests of Californians who play Internet…

Officials plan to use film to push Internet gambling regulation

Casino City Times – Gaming leaders are looking at leveraging the release of a feature film that depicts the seedier side of illegal Internet poker to raise awareness of the need for proper regulation of online wagering. American Gaming Association (AGA) President Geoff Freeman, in an e-mail to the organization’s board of directors last week, said the October 4 release of “Runner Runner” presents the Washington, D.C.-based lobbying group an opportunity to state its case for Congress to pass regulations governing Internet gaming in the U.S. The movie, which stars Ben Affleck and Justin Timberlake, centers on illegal offshore Internet…

Online Poker & Macau Boost Vegas Casino Revenue Reports

Two factors produced the biggest smiles for investors in Las Vegas casino publicly traded companies as they pored over their earnings reports this quarter. Their companies either had a connection to Macau or are delivering — or are on the verge of delivering — real-money online poker. As the quarterly earnings season winds down, it is clear that the biggest winners this time were the companies that had a presence in Macau, and the bigger the presence, the bigger the score. Las Vegas Sands, Wynn Resorts and MGM Resorts International had good quarters, and, not surprisingly, all three are in…

World Poker Tour® Returns to Los Angeles

PRNewswire – The Bicycle Casino proudly welcomes the return of Mike Sexton, Vince Van Patten, Kimberly Lansing, Tony Dunst and the Royal Flush Girls to prestigious Legends of Poker championship commencing on Thursday, August 29, 2013. Since its debut in 2002, the World Poker Tour® Legends of Poker has been one of poker’s premier events, consistently drawing huge fields filled with some of the game’s best-known players, including past event winners Doyle Brunson, Dan Harrington, Andy Frankenberger, Will Failla, and defending champion Josh Hale. This year, the Bicycle Casino is proud to be host to the first two televised events…