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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.
Macau Gambling Numbers Drop again in June 2015 -
Gross gaming revenue in June fell 36.2 percent to 17.4 billion patacas ($2.2 billion), the 13th straight month of declines, but in percentage terms two points lower than the slide predicted by analysts.
Aria Super High Roller Cash Game Stream -
Poker fans have been distracted from the World Series of Poker this week by the livestreamed Aria Super High Roller Cash Game, a $250,000 buy-in, invitation only competition that is being contested by some of the world's best known players.
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