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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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Bookie Petition on FOBT Issues -
The Guardian newspaper reports that over the weekend a petition organised by the Association of British Bookmakers appeared in shops across Britain
Ole Schemion Wins San Remo High Roller for Euro -
German poker pro Ole Schemion demonstrated his skill and determination again over the weekend in powering to victory in the Euro 10,300 buy-in EPT San Remo High Roller, besting an entry field of 104 other hopefuls to claim the winner's check for Euro 265,000.
Victoria Coren Mitchell Wins EPT Main -
The UK journalist and poker tournament ace Victoria Coren Mitchell made history over the weekend, securing her second and record European Poker Tour main event victory in the Euro 4,900 main event in San Remo.
Malaysian Police Going After World Cup Bettors -
Online sportsbetting operators targeting the Malaysian punter will have to tread carefully during the FIFA World Cup football spectacular in June this year - the Malaysian police are making extensive preparations to combat the upsurge with even more vigour than usual.
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