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Tobey Maguire settles poker lawsuit

Monday, November 28,2011 :  SPIDEY SETTLES POKER LAWSUIT (Update)
Settling cheaper than fighting the case
Hollywood A-Lister Tobey Maguire has reportedly settled a lawsuit brought against him and others by the bankruptcy trustees of Brad Ruderman a hedge fund investor, who is currently in jail for a ponzi scheme.
Ruderman allegedly led High Stakes Texas Hold'em underground poker sessions, that included well known celebrity players Maguire, Nick Cassavetes, Leonardo DiCaprio, Ben Affleck, Matt Damon and Gabe Kaplan, losing millions of dollars of investor money.
Court documents indicate that Maguire has agreed to pay $80 000 of the claimed $311 000 in winnings to settle the lawsuit, noting that he had also lost $170 000 to Ruderman and although he "strongly disputes that he violated any laws, rules or regulations in regard to participating in the poker games", that fighting the case would prove to be more costly.
Fourteen of the twenty-two people named in the suit have reportedly settled their cases for a total of around $1.2 million.

Gambling News :

Spain Online Gambling Numbers Up - As a consequence of the award of 29 online slot licenses, casino revenues leapt 114 percent to Euro 18.1 million. Casino contributed 21.5 percent of total online revenue and 32.6 percent of total online gambling turnover in the third quarter.

WSOP Planet Hollywood Main Event Results - Hailing from Anchorage, Alaska - amateur poker player Berrios defeated a field of 1303 entries winning his first major live tournament title and a pay check of $347,192 which boosted his life-time earnings to $460 192.

Christiaan Alexander van Dalen Robs Betsson With Affiliate Scam - Christiaan Alexander van Dalen (41), who was employed by Betsson Services Ltd as a key affiliate manager, is accused of claiming commission on artificially inflated customer numbers generated by using the details of account holders to open fictitious new accounts.

Switzerland and the US Split BetonSports Assets - Criminal assets worth CHF50 million ($49.1 million), belonging to BetonSports founder Gary Kaplan have been split between Switzerland and the US, Switzerland’s justice ministry announced Tuesday.

NYX Gaming Group Q3 Earnings - NYX Gaming Group has produced another record-breaking quarter for the three month period ending September 30, 2015, primarily driven by license and royalty revenues.

Jetbet and Maxim in Sports Deal - “Maxim Sports Live” offers fans engagement with the action of live NFL games, demonstrating their knowledge of the team by predicting every play, possession or full game result.

Ladbrokes Shareholders Approve Merger - At a Ladbrokes general meeting Tuesday, 96 percent of shareholders voted in favour of the company’s merger with Gala Coral Group Limited to become Ladbrokes Coral plc following other regulatory approvals.

NYX Gaming acquires Side City development studio - Side City studios operates as a game development company specialising in the design, production and programming of land-based and online gaming products that caters traditionally to a North American bricks-and-mortar clientele.

Nirvana Slot Launches - “Nirvana” offers Wild Seeds, Mega Reels and Nudge Reels, affording players the opportunity to see which goddess brings them the most best luck.

UK Bookmakers foregoing sponsorship - According to The Racing Post, the BHA, Horsemen's Group and Racecourse Association’s ultimatum favouring levy-friendly bookmakers may just have backfired.

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