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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 :

BBC To Cover E-sports - The venerable British Broadcasting Corporation has followed ESPN in signing up for eSports coverage, with a huge crowd expected at the League of Legends World Championship quarter finals at London’s Wembley Arena from October 15-19.

Stoiximan To Sponsor Olympiacos - Greek online betting firm Stoiximan has signed a two-season shirt sponsorship deal for an undisclosed fee with major Greek football club Olympiacos, the reigning Greek Super League champions.

Massachusetts Attorney General Says Daily Fantasy Sports Are Legal - #dfs #Massachusetts Attorney General Maura Healey, who InfoPowa readers will recall has been reviewing the legality of DFS in her state, gave the daily fantasy sports business a fillip Wednesday when she told the Boston Globe that she’s not pursuing any criminal inquiries into Boston-based DraftKings Inc.

AMaya Wants Regulation for Daily Fantasy Sports - #draftkings #fanduel #amaya Online gambling group Amaya Inc., which recently entered the daily fantasy sports sector with its StarsDraft (formerly Victiv) site, has commented on the need for state regulation of the sector in a statement this week following the "insider" furore involving a DraftKings employee.

Kick off of ICE Totally Gaming 2016 campaign - Building on the theme of its 2015 show ‘Discover the World of Gaming’, ICE will continue its focus on the attraction of innovation and advances in gaming technology for professionals in the industry

Cladstone Limited To Close its Online Casino and Bingo Rool - Isle of Man-based online bingo and casino operator Cladstone Limited has announced that it will be closing down at the end of October and has consequently curtailed all new registrations and deposits.

Land based slot The Sky's The Limit Now Online - The 20 pay-line, 5 reel slot has bonus features that enable punters to upgrade for free, bonuses, Free Spins, Wilds and Scatters, and a claimed RTP of 86-95 percent.

GVC Trading Update - Posting a trading update in respect of the nine months to end September 2015 this week, online gambling group GVC reported a strong performance and declared a second interim dividend of 14 Euro cents a share.

Greentube In Content Deal With Unibet - In a statement Thursday Greentube said that the agreement expands the market reach of Unibet by offering Novomatic interactive content that includes blue chip slot games such as Book of Ra deluxe, Lucky Lady´s Charm deluxe, Sizzling Hot deluxe and other slot classics.

EntwineTech and Angelnlive have announced a strategic partnership - Live dealer technology and content provider EntwineTech and Angelnlive have announced a strategic partnership in which EntwineTech will licence Angelnlive to use its new live casino platform “n2-Live”.

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