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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.

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Gambling News :

Sporting Index Launches Mobile Casino - UK sports spread betting operator Sporting Index has rolled out its casino product for mobile and tablet users, following a successful desktop launch earlier this year.

SIS in deal with Ladbrokes - Online betting and gaming provider SIS has signed a deal to deliver its portfolio of on-demand racing games to the UK land and online gambling group Ladbrokes – a move which will significantly increase the reach of the SIS Infinite Games product.

Playtech Virtual Tennis Launches - Online gambling software and games developer Playtech has announced the launch of a new virtual tennis product across all delivery channels through its licensees.

Kroon online casino Sponsors Nederlandse IJshockey Bond - Kroon online casino, a Dutch-facing subsidiary of the Swedish Betsson gambling group, has entered into a two-year sponsorship deal with Dutch ice hockey association Nederlandse IJshockey Bond, conditional on the legalisation of online gambling in the Netherlands.

GBP 120 million Bets on Brexit - Betting on whether British voters would opt to stay or leave the European Union - the Brexit issue - reportedly reached GBP 120 million, with UK bookmakers generally feeling varying degrees of pain as a result of the unexpected "out" result.

Dutch online gambling legalisation bill - Operators and industry observers alike are hoping that the much-delayed Dutch legalisation of online gambling will move forward today (Thursday) following yet another discussion on the issue in the Dutch parliaments Lower House.

Erhvervsinvest Buys Gaming A/S - Gaming A/S operates the online gambling enterprise Spillehallen.dk and manufactures gaming machines. The company was created in 2010 through the merger of Compu-Game and Dansk Automat Expert, and has secondary premises in Esbjerg.

#CasinoWebScripts Launches 3 New Slots - Bucharest, Romania-based games developer CasinoWebScripts has released three new HTM5-based online slot games titled Secret Agent, The Cheese Burglars, and Bee Party.

Soccer Odds: Portugal, Poland Battle for Euro Semifinal Berth - The European Championships head into the quarter-final round on Thursday, beginning with Portugal and Poland at Stade Vélodrome in Marseille.

MLB Odds: Slumping Jays Seek Victory in Denver - Aaron Sanchez (3.46 FIP) is up for Toronto against rookie southpaw Tyler Anderson (1.60 FIP). The Rockies have lost two of Andersons three big-league starts, but the Las Vegas native has allowed just five earned runs in 17.2 innings of work.

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