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Washington Charity Poker Tournament Raises $70,000

4/16/10 - Playing poker for a good cause, there was a good turnout of Capitol Hill lawmakers at this week's charity poker tournament in Washington DC organised by the Poker Players Alliance and poker siblings Annie Duke and Howard "The Professor" Lederer.
The event, in aid of the Ante Up for Africa charity, gave the politicians a chance to hobnob with international poker stars and raised $70 000, with Full Tilt Poker donating a $10 000 seat at this year's World Series of Poker main event as the big prize.
The Philadelphia Inquirer, which recently signed an online fantasy sports deal with Hubbub's subsidiary FanDuel, reported on the event, asking Lederer if there was any substance to Financial Times reports that a Manhattan grand jury probe had been mentioned in conjunction with his and other aces names and Full Tilt Poker (see previous InfoPowa report)
Lederer appeared relaxed, saying that it was news to him.
The newspaper noted that those attending the charity event included supporters of new attempts to legalise US online gambling by Congressman Barney Frank.
New Jersey Sen. Robert Menendez, a Democrat who has introduced a proposal to regulate online poker, commented: "None of that [regulated protection of players] exists under the present system right now. You have offshore entities. You don't necessarily have honesty and transparency on many of those sites. You certainly don't have any revenue coming to the United States. And you do nothing about compulsive gambling."
Menendez sits on the Senate Finance Committee, and his proposal mirrors similar legislation introduced by Frank focused on online gambling in general that has 66 House sponsors so far.
Republican U.S. Rep. Joe Barton from Texas - a poker fan who supports federal oversight of online poker - was there too, saying: "I am a proponent of allowing people over 21 that want to play poker on the Internet to at least do so," he said.
Poker Players Alliance executive director John Pappas told the Inquirer: "[Legalisation is] not going to be an easy thing to do because it's an election year, but if you have the right people who want to do two things: license and regulate those games which should be legal, like poker, but also make sure [enforcement against] illegal activities that they don't want - sports betting, for instance - is strengthened, then agreement is possible."
The newspaper explores recent statements by the American Gaming Association, which represents the commercial land gaming industry, and once questioned whether technological safeguards existed to adequately make Internet gambling regulation feasible. Now, the AGA says it "acknowledges that a properly regulated legal framework for Internet gambling is the best way to protect consumers."
"I think [the AGA's position] is a key indicator of what's happening in Las Vegas in the minds of the key Las Vegas members of Congress," Pappas told the Inquirer. "I think we'll probably see a movement in the Senate to push this thing . . . along with what's happening in the House."

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Gambling News :

Phil Ivey Loses Borgata Casino - Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.

NYX Gaming in deal with Endemol - "Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”

NEW CAMBODIAN GAMBLING LAWS - After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.

Congress To Review US SportsBetting Restrictions - Did the American Gaming Association’s campaign influence the decision to take another look at the 1992 Professional and Amateur Sports Protection Act?

Playtech Acquires ECM Systems - Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.

Marks and Spencer store Manager steals to Gamblie Online - The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.

Chinese Gambling crackdown could damage high roller revenue - Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.

EvenBet Open Face Chinese Poker - Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.

PartyPoker Millions tournament guarantee Now GBP 6 million - Online poker operator PartyPoker announced Thursday that it is to boost its PartyPoker Millions tournament guarantee by a million sterling to GBP 6 million, claiming it is now the biggest prize pool guarantee in European poker history.

2016 EPT Malta - The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.

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