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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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PariPlay third content supply deal in a week -
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Fortuna Entertainment In Deal With Playtech -
The Central and Eastern European online gambling group Fortuna Entertainment Group N.V. announced Thursday that it has signed a contract with online gambling software and games provider Playtech plc for the supply of a multi-channel betting and gaming platform.
2017 KPMG E-Gaming Summit -
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Jungle Jim Slot -
Online gambling software and games provider Microgaming has announced that its latest online slot is ready for launch, a 5 reel, 25 pay-line game titled Jungle Jim.
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