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Howard Lederer On Fulltilt : The Lederer Files

Wednesday September 19,2012 : AN INSIDER VIEW OF THE FULL TILT POKER DEBACLE (Update)
Something to look forward to this week - an extended on-camera interview with Howard "The Professor" Lederer
Veteran professional poker player Howard "The Professor" Lederer has been much in the news lately as one of the key figures in the complicated series of criminal and civil cases that have grown from the Full Tilt Poker debacle.
As an allegedly major shareholder who reportedly reaped tens of millions of dollars from his Full Tilt Poker interests, Lederer is widely viewed as a key insider in possession of important information on the decline and fall of what was once the world's second biggest internet poker provider.
Certainly he appears to have been one of those targeted by the US Department of Justice in its quest to seize what it appears to regard as ill-gotten gains, and he has featured in several of the Department's judicial actions.
This week the public will perhaps have an opportunity to hear the Lederer perspective from the man himself following an announcement by Poker News that it has secured an exclusive seven-hour on-camera interview with the poker ace, conducted by respected PN exec and top writer Matthew Parvis.
Under the title "The Lederer Files", Poker News will be presenting the September 8 interview in a series of videos in which, the publication claims, Lederer "...breaks his silence on the events leading up to and surrounding Full Tilt Poker and Black Friday."
The interview was set up at Lederer's request, according to Parvis, who reveals that The Professor agreed to break an almost two-year silence on his involvement with Full Tilt.
In setting up the interview, Parvis made clear to Lederer that "...if he was looking for an outlet to make this easy on him in return for the opportunity to run a story, then we were not interested. This was a non-issue, as Lederer mentioned he was willing to sit down at length, and answer all questions I had as candidly as he could.
“I also made it clear that my team and I would need adequate time to prepare in full, and that he would need to prepare for quite a long sit-down to cover everything we were hoping to cover," Parvis reports.
"Lederer agreed, and ultimately we decided on a video interview so there would be nothing lost in translation. The poker community deserved not only to read what Lederer had to say, but they deserved to see and hear the answers directly."
Parvis's preparation for the interview appears to have been extensive:
"I poured through as much information as I could in relation to Full Tilt Poker's rise and fall, Lederer's relationship with the company, and the indictments and complaints from the Department of Justice. I scoured online poker forums to learn what was most important to the community, in addition to trying to speak to people relevant to the story, most of whom declined to speak or comment. I also spent some time with Lederer to get a better feel for the story itself, and the man with whom I would be sitting face to face with in an attempt to find the truth about the failure of Full Tilt Poker," he explains in a pre-publicity piece this week.
Among the subjects discussed are payment processing, segregation of player and operating accounts, Ray Bitar, Phil Ivey, player loans, Black Friday, and the eventual forfeiture of Full Tilt Poker assets to PokerStars.
Because the interview was conducted on September 8, it does not embrace the latest "amended complaint" moves by Lederer and the Department of Justice .
After editing, the interview will be released in six or possibly even seven 30-minute video segments. It will all begin with part one and part two on Tuesday, September 18, and the remainder of the segments will be released throughout this week.
Given the intensity and heat in the current legal environment around this issue, it's a possibly risky move on Lederer's part, but it will certainly attract plenty of industry - and DoJ - attention.

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Gambling News :

Tom Horn Awarded Malta Gaming License - Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.

Calvin Ayre invests in new Antigua Business Center - Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.

Attack of the Zombies Slot - Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.

Why is FullFlush Poker Still Down - Its now almost a month since Full Flush Poker went offline "for a platform upgrade" and stopped communicating with its reportedly many unpaid and unhappy players. All trace of the operator - and means to communicate with it - have vanished.

Time Running Our For Pennsylvanian online gambling - Hopes that this week would see the Pennsylvanian Senate voting on an online gambling and DFS legalization bill already passed by the House four months ago dwindled Wednesday when no progress was made and the legislatures season officially closed.

Yggdrasil Gaming Expanding - The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.

FanDuel and DraftKings Settle With NY Attorney General - Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.

Stan james Now Live With EPOS - The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.

Singapore Online Gambling Ban Begins - Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.

Chinese police action against Crown Resorts Widens - In addition to the 18 Crown employees still held after their arrest last week, it now appears that the police questioned 87 Crown punters and junket organizers, detaining 10 of the latter.

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