RecentPoker RecentPoker.com
Home Page RecentPoker.com Online Poker Rooms Casino Bonus Online Casinos Casino News Gaming News gaming News Gambling Articles World Series Of Poker No Deposit Bonus
Online Slots
        Gambling Affiliates     |     Gambling Guide     |    Slot Tournaments Finder     |     Poker Pros    |     Recentpoker Twitter
   
Online Casino
Biggest Casino Bonuses
SlotsLv
$22 No Deposit Bonus
SlotsLV no deposit
Betonline Casino
$900 Signup Bonus
Betonline Bonus Code
Bovada Casino (Bodog USA)
$3000 Signup Bonus
Bovada Bonus Code
SlotsPlus Casino
$7000 SignUp Bonus
SlotsPlus First deposit bonus
ManhattanSlots
$767 x2 Signup Bonus
ManhattanSlots
Biggest Poker Bonuses
Bovada Poker (Bodog USA)
$1000 Sign Up Bonus
bovada poker bonus code
888Poker
$88 No Deposit Bonus
888 Poker no deposit bonus
Party Poker
$500 Sign Up Bonus
PartyPoker no deposit bonus
BetOnline Poker
$900 Sign Up Bonus
Betonline Poker bonus code
USA No Deposit Bonus

No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review

Best USA Casino Bonus

Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.

 

Bovada Casino Bonus Code

 
No Deposit Bonus

Bitars Arrest Is Big News

Tuesday July 3, 2012 : ONLINE POKER MOGUL'S ARREST CONTINUES TO MAKE HEADLINES (Update)
 
Bitar's surrender overshadows even the Big One for One Drop competition
 
Yesterday's dramatic surrender of Full Tilt Poker chief Ray Bitar and his arrest on arrival at Kennedy airport on allegations of running a Ponzi scheme  knocked even the million dollar buy-in Big One for One Drop tourney off the front pages of most US media early Tuesday morning.
 
40-year-old Bitar said in a statement issued by his legal representatives that he had voluntarily travelled from his headquarters in Ireland to surrender to the US authorities, commenting:
 
"I know that a lot of people are very angry at me. I understand why. Full Tilt should never have gotten into a position where it could not repay player funds."
 
Associated Press reports indicated that after his arrest Bitar pleaded not guilty in a New York courtroom. He was ordered held until he can meet the conditions of a $2.5 million bond, an amount set by U.S. Magistrate Judge Debra Freeman over the objections of a prosecutor who asked that he be held without bail as a flight risk.
 
Assistant U.S. Attorney Arlo Devlin-Brown said Bitar falsely claimed to Internet poker customers that their money would be safe and would not be mixed with company funds. More than $430 million had been paid to Bitar and other owners while only $60 million to $70 million remained in company accounts to reimburse players who thought they had accounts totalling $350 million, half of it belonging to Americans, he claimed.
 
Devlin-Brown accused Bitar of paying himself at least $40 million, most of which remains abroad. He said charges filed against Bitar on Black Friday would have resulted in only a few years in prison.
 
However, on the new indictment, the charges could result in a sentence that would be "measured in decades."
 
Devlin-Brown said Bitar continued accepting money from new customers outside the United States even after Black Friday.
 
"By then this company was little more than a Ponzi scheme, and his presence was needed to keep it from unravelling," he said.
 
Bitar’s lawyers said he had "worked hard" for the last 15 months to find solutions to get players repaid.
 
"Returning today is part of that process," he said in a statement. "I believe we are near the end of a very long road, and I will continue to do whatever is required to get the players repaid, and I hope that it will happen soon."
 
Devlin-Brown rejected claims Bitar was working for the greater good of the customers, saying it "strains all credibility." He said Bitar was "simply keeping a Ponzi scheme from being detected."
 
The prosecutor said the U.S. had been working with Irish authorities and had been prepared to extradite Bitar if he did not return to the United States voluntarily.
 
U.S. Attorney Preet Bharara said in a statement that the indictment shows "how Bitar bluffed his player-customers and fixed the game against them as part of an international Ponzi scheme that left players empty-handed."
 
In the new supervening indictment, Nelson Burtnick, head of payment processing, is named with Bitar. It claims that they defrauded customers to conceal the firm’s cash-poor condition after charges were filed last year.
 
The revised indictment, unsealed Monday in a federal court in New York, alleges that both men used player funds to finance Full Tilt Poker’s operations and pay its owners. Full Tilt Poker developed a shortfall between the amount of cash in its bank accounts and the money it owed players.
 
Bloomberg news reports that prosecutors said the two accuseds failed to hold player cash in “segregated” accounts and that they then “concocted a method to temporarily disguise the company’s problems.”
 
Although Full Tilt Poker agreed with the U.S. Justice Department to immediately return all money owed to U.S. players, neither the company nor Bitar and Burtnick repaid customers as the company claimed to have done on its website, prosecutors said.
 
“In truth and in fact, however, Full Tilt Poker could not return player money because, as Bitar knew, the player money had been spent by the company and distributed to its owners,” prosecutors said in the new indictment.
 
The company’s internal financial statements reported that as of March 31, 2011, revealed that it owed $390 million to players around the world, yet had less than $60 million in its bank accounts,’’ prosecutors alleged.
 
“Bitar and Full Tilt Poker persisted in soliciting U.S. gamblers long after such conduct was outlawed,” said Janice Fedarcyk, the head of the FBI’s New York office.
 
“Bitar has already been charged with defrauding banks to conceal the illegal gambling. Now he stands accused of defrauding Full Tilt’s customers by concealing its cash-poor condition and paying off early creditors with deposits from later customers. The online casino became an Internet Ponzi scheme.”
 
Judge Debra Freeman agreed to release Bitar on $2.5 million personal recognizance bond secured by $1 million in cash or property and the signatures of five financially responsible people. Bitar will also be required to confine his travel to the Southern and Eastern District of New York and the Central District of California, and must surrender his passport.
 
The case is U.S. v. Bitar, 10-cr-336, U.S. District Court, Southern District of New York (Manhattan).
 
Meanwhile, speculation was rife around the industry that the Bitar surrender is part of an overall process designed to progress the acquisition of Full Tilt by Pokerstars, thereby assuring unpaid players that they will - at last - be paid what they are owed. There has been no confirmation of these speculative rumours other than Bitar’s departing email to Irish employees



Gambling News :

$400k Winner at Bodog Casino - To win, you need to get a pair of Tens or better. Jerry K., however, got a much higher hand than the minimum; he pocketed $397,879 after landing the game’s best possible hand: a royal flush.

NBA : Warriors Win the West; NBA Finals Next - The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.

Iforium In Partnership With Booming Games - Iforium, the leading provider of casino aggregation software, are pleased to announce a new agreement with Booming Games

PartyPoker Rakebak - Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.

NHL Odds: Lone Canadian Team Plays on Friday - “Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.

NBA Odds: Will Cavaliers Be Rusty in Game 1? - The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.

4 New Microgaming Releases in May 2017 - Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.

PKR Company Statement Update - Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.

Microgaming Wins The Spark Award 2017 - The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.

NHL Predators First Ever Conference Finals Appearance - With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.

  Top 6 Poker Sites - Editor’s Pick
Poker Room
Info
Code
Bonus
Bovada Poker
1349384
$1000
BetOnLine Poker
None Needed
$900
ACR
None Needed
$1000
Fulltilt Poker Bonus Code Fulltilt Poker
None Needed
$10 ND
888 pacific poker 888Poker
None Needed
$400
PartyPoker PartyPoker
500free
$500
  Top 6 Casino Sites - Editor’s Pick
Casino
Info
Code
Bonus
SlotsPlus Casino
Claim20
$20 ND
Bovada Casino
1349384
$3000
MapleCasino Bonus Code MapleCasino
None Needed
Free Spins
SlotsLV
Slots22
$22 ND
Buzzluck Casino
Buzzluck
$868
SlotLand
FREE33RCNT
$33 Nd

Casino No Deposit Bonus Copyright © 2004-2016 | Recentpoker.com | All Rights Reserved. Copyscape Protected No Deposit Bonus Codes
Recentpoker.com

Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.

http://www.recentpoker.com