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Party Poker breaks the badbeat record

Thursday saw a new world record for an online poker Bad Beat Jackpot created at Party when a bad beat payout on an online table reached $1 013 381 and change, surpassing the previous record of $992 000. 
The Bad Beat is a jackpot won on special tables if players lose with a hand featuring four of a kind, 8’s or better, and this is what happened to online player ‘Judith75’, from Germany when she hit quad 9’s this week. With such a hand it has to be very hard to think that you will lose the pot but ‘Hiyall’ from Scotland was sitting with the absolute nuts – a royal flush - a hand that is regarded by many as a 649/739/1 chance. The carnage on the table continued, however, as another player ‘Shoulderguy,’ also from Germany, revealed a full house!
The win came on a $0.50/$1 table and the table pot itself was only worth $24. With the quad 9’s being beaten by the royal flush, Judith75 won $354 683.57, whilst hand winner Hiyall scooped $177 341.79 + $24 from the pot. The other players at the table won $22 167.72.
PartyPoker's Bad Beat jackpot is only available on specially designated tables. Of the distributed amount, 50 percent goes to the loser of the hand who is subject to the bad beat, 25 percent to the winner, and the remaining 25 percent is split between the other seated players who took part in the hand. Players who sit out the hand are not rewarded. In the current record-breaking case ten players benefited.
The big money was flowing elsewhere in the Party Gaming group, too; One lucky player won $1.06 million on the Godfather slot at, while on the 8th August and launched their first GBP1 million jackpot game.

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Gambling News :

Tom Horn Awarded Malta Gaming License - Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.

Calvin Ayre invests in new Antigua Business Center - Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.

Attack of the Zombies Slot - Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.

Why is FullFlush Poker Still Down - Its now almost a month since Full Flush Poker went offline "for a platform upgrade" and stopped communicating with its reportedly many unpaid and unhappy players. All trace of the operator - and means to communicate with it - have vanished.

Time Running Our For Pennsylvanian online gambling - Hopes that this week would see the Pennsylvanian Senate voting on an online gambling and DFS legalization bill already passed by the House four months ago dwindled Wednesday when no progress was made and the legislatures season officially closed.

Yggdrasil Gaming Expanding - The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.

FanDuel and DraftKings Settle With NY Attorney General - Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.

Stan james Now Live With EPOS - The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.

Singapore Online Gambling Ban Begins - Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.

Chinese police action against Crown Resorts Widens - In addition to the 18 Crown employees still held after their arrest last week, it now appears that the police questioned 87 Crown punters and junket organizers, detaining 10 of the latter.

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