Daniel Tzvetkoff strikes a deal to avoid life in US prison

Australian Gambling – THE Australian behind the darkest day in online poker history could avoid a life sentence in prison after becoming an informant for the FBI. Brisbane native Daniel Tzvetkoff, 30, was arrested in Las Vegas in 2010 for illegally laundering more than US$1 billion for online poker companies through his personal company Intabill. The business and I.T whiz, who was reportedly earning more than $3 million a week at the height of the scheme, faced a 76-year jail term after being caught and served four months in jail before turning informant. Tzvetkoff provided the FBI with information that…

Pennsylvania Senator set to introduce online poker bill

iGaming Business – Pennsylvania State Senator Edwin Erickson has announced his intention to introduce a new bill that has the potential to bring regulated online poker to the US state. Erickson confirmed that State Bill 1386 would be rolled out in the coming weeks. “In the next few weeks I intend to introduce Senate Bill 1386, legislation that would authorise interactive gaming in the form of online poker,” Erickson said. “A recent study from the Legislative Budget and Finance Committee found that internet gaming is a large new source of revenue that the Commonwealth could explore. This means more revenue…

Idaho Tribe: Poker Is ‘Contest Of Skill’

Card Player – A tribe located within Idaho is tangled up in a legal battle with that state over the former’s opening of a poker room at an already-existing gambling facility. The Coeur d’Alene Tribe opened its poker room on May 2 at its Coeur d’Alene Casino. Idaho said that poker is illegal within its borders and that federal laws pertaining to tribal casinos wouldn’t provide a carve out in this situation. The Tribe disagreed, filing a lengthy motion for the state’s lawsuit to be dismissed, The Spokesman-Review reported Tuesday. “As the statute provides, even if the game of poker…

Poker Players Allege Theft of Property from Rio Hotel Rooms

Poker News – After a series of tweets were issued by poker professionals during the start of the World Series of Poker in Las Vegas, a potentially serious security situation at the Rio All-Suite Las Vegas Hotel and Casino has come to light. During the last 24 hours, no less than three poker pros took to Twitter alleging that personal property – including laptops and large sums of money – were stolen from their hotel rooms overnight. The first player to sound the alarm was Finnish pro Lauri Pesonen, who issued the following tweet at 8:52 p.m. local time Tuesday…

More Full Tilt Poker Money to be Released

Card Player – Another round of Full Tilt Poker repayments is scheduled for mid-June, the Garden City Group announced on its website on Wednesday. “GCG has been informed that the Department of Justice Asset Forfeiture and Money Laundering Section has approved a new round of payments,” the notice said. “This distribution will include approximately 3,500 payments totaling $15 million to petitioners who submitted complete, timely or late petitions confirming their FTP account balance. Also included in this round of payments are affiliates who submitted petitions confirming their FTP account balances.” Once the new payments go through, around $96 million will…

The “Poker Only” Federal Bill is Released

US Poker – A poker-only federal bill was released this week.  It was obtained by Nevada political reporter Jon Ralston.  There is evidence that Caesars Entertainment may be behind the bill, according to an update on Ralston’s website.  It is not the work of Sheldon Adelson or Las Vegas Sands. The bill is titled the “Internet Gambling Prohibition and Control Act of 2014″.  There are currently no sponsors for the bill. The bill would allow online poker, however, it would ban most other forms of online gambling.  Lotteries receive an exemption in the bill to sell tickets to daily drawings. …