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Ex Fulltilt Boss Ray Bitar To Plead Guilty

Wednesday April 10,2013 :  FORMER FULL TILT POKER BOSS TO PLEAD GUILTY
 
Health-challenged Ray Bitar may not go to jail but will lose most of his personal assets
 
Ray Bitar, the controversial former chief executive of Full Tilt Poker at the time of the disastrous Black Friday online poker site closures in 2011  has reportedly agreed a deal with US Justice Department officials that will see him heavily penalised for his alleged role in the company's activities.
 
Mainstream media such as the Wall Street Journal, along with the major international news agencies, all reported late Monday on the deal, reporting that Bitar's legal representative had informed a federal court in Manhattan that an agreement had been reached that will see Bitar deprived of much of his personal wealth, but escape jail-time due to his poor health, brought on by a severe heart condition.
 
Bitar's lawyer said that without a heart transplant the erstwhile CEO of Full Tilt would be unlikely to survive another year.
 
According to the Bitar legal team, he will enter a guilty plea on two felony counts, forfeiting a total of around $40 million, probably raised through his residential property holdings.
 
A hearing to confirm the deal is scheduled soon, with Judge Loretta Preska, who is presiding over Bitar's case, expected to permit the disgraced executive to appear via video due to his health problems.
 
Sentencing will likely be passed based on the agreement hammered out with the US Attorney's Office.



Gambling News :

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Tim Chung Wins MPNPT Manchester - The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.

MPNPT Manchester Day 2 - Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.

Day 1B MPN Poker Tour Manchester - Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.

Day 1A MPNPT Manchester - The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days

Kung Fu Rooster Slot Goes Live - Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.

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3 New Betsoft Slots - 3 new Betsoft slot Games were also added this week to most online casinos allowing US players.

2017 Bodog Super Millions Poker Open - The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.

Pokerstars Pulls Out Of Coloumbia - Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.

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