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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 :
Washington State Says Fantast Sports Betting is Illegal -
#dfs #draftkings With interest in daily fantasy sports reaching peak levels in recent months, and the US football season about to kick-off, the Washington State Gambling Commission has reminded its citizens that this genre falls under the bans imposed by RCW 9.46.240.
First Bitcoin SportsBook Launches -
BetCoin Bitcoin Entertainment Network (BBEN) claims it has debuted the first virtual sports offering for its players, rolling out its entry into the sportsbook sector with virtual sports and virtual displays for live events, all available for desktop and mobile Bitcoin gamblers.
Jokers Gold Slot Launches -
The five-reel game features ‘each way’ Wilds along with a Free Spins bonus round, where Jokers land in view and expand to fill the reel and become ‘Super Jokers’. Any Super Jokers symbols that land in view stay in place for the remainder of the free spins.
Nevada July 2015 Gambling Numbers -
For the second month running Nevada gambling revenues have declined, according to statistics released Friday by the Nevada Gaming Control Board.
Italian Online Gambling Numbers -
Since the Italian regulator AAMS stopped making online gambling statistics publicly available two years ago, reliable information on the local scene has been hard to come by, but the problem was solved by the ever-inquisitive Italian media this week.
888 HOLDINGS COMMENTS ON BWIN-PARTY BID -
After some weeks of silence whilst GVC has been upping its offer for Bwin-Party, rival bidder 888 Holdings plc issued a statement Thursday indicating that it stands on its earlier proposal, which the Board of Bwin-Party continue to recommend.
NYX Gaming Earnings Report -
Despite record levels of revenue the NYX Gaming group felt the drag of its underperforming online poker subsidiary Ongame in the second quarter of 2015, its latest results disclose.
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