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Great Read On Pokerstars Fulltilt Deal

Tuesday August 21,2012 : GOOD INTERVIEW ON THE POKERSTARS - FULL TILT DEAL (Update)
 
Communications chief Eric Hollreiser talks to Yogonet in an exclusive interview
 
Pokerstars communication chief Eric Hollreiser gave an exclusive interview to the online publication Yogonet over the weekend, reviewing the momentous events leading to the acquisition of Full Tilt Poker and his company's future plans for the site and its possible entry to the US market.
 
In the interview Hollreiser details the company's "no wrongdoing" settlement with the US Department of Justice and its agreement to pay $574 million over the next three years, with the first tranche of $255 million already paid over to US officials.
 
Much of that will go toward paying US players, whilst Pokerstars will put a further $184 million in a segregated account for payment to non-US players once FTP is back up and running - possibly as early as November this year.
 
Importantly, Hollreiser signalled that the door to a potentially federal or state-regulated online poker market in the United States remains open to his company, which is interested in the possibilities.
 
Under the agreement with the Department of Justice, Pokerstars did not admit to any wrongdoing. Furthermore, the agreement explicitly permits Pokerstars to apply to relevant U.S. gaming authorities, under both Pokerstars and Full Tilt Poker brands, to offer real money online poker when state or federal governments introduce a framework to regulate such activity.
 
"We’ll certainly watch the developments closely and make decisions based upon the circumstances," Hollreiser told Yogonet. "We are the leading online poker site and licensed in more countries than anyone in the industry. We bring tremendous value, credibility and integrity to the marketplace. With our U.S. legal issues now resolved, we are a very qualified candidate for a license."
 
Hollreiser revealed that the FTP workforce in Dublin was being retained, and that there was the possibility of expansion in the future.
 
Read the full interview here: http://www.yogonet.com/english/2012/08/17/we-fully-expect-to-participate-in-a-future-regulated-us-market



Gambling News :

Michael Myers is back in Halloween Slot Machine - Get ready for a blood-curdling adventure with Microgaming’s latest offering – Halloween Follow Annie, Lynda, Doctor Loomis, and our heroine Laurie as they try to survive the ultimate horror movie villain, Michael Myers.

Joe Fortune new Rewards Program - Once you sign up, you’re automatically enrolled in the rewards program – and that’s when the epic journey begins. You’ll start earning Adventure Miles immediately, and can embark on the quest of a lifetime: To get paid to play, which stays true to the rewards program’s slogan, ‘Play More Get More’.

Day 1a MPN Poker Tour Tallinn Main Event - Day 1a brought 106 entries into the €550 Main Event, with nearly as many players turning out for the last €35 super satellite into tomorrow’s Day 1b

NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday - Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.

Pro League Reveals Sportradar Contract Details - The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.

NFL Odds: Steelers Visit Undefeated Chiefs #TNF - The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.

Mega Moolah strikes again - The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.

2 New Slots For Microgaming Casinos - David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.

MLS Odds: Red Bulls vs. Whitecaps - The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.

Velka Pardubicka On RacingUK - Felix de Giles flies the British flag in Sunday’s Velka Pardubicka

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