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Bet On Will Fulltilt Poker Survive
Thursday July 21,2011 : Paddy Power is offering odds on whether rival Full Tilt Poker will survive beyond the Alderney hearing
The Irish-based bookmaker Paddy Power.com rubbed a little salt into Full Tilt Poker's deep wounds this week by opening a rather cruel betting market on whether or not the one-time second largest poker operator in the world will offer real money games on July 27 – the day after it’s hearing with the Alderney Gambling Control Commission, which earlier this year suspended Full Tilt's licence after the events of Black Friday..
Paddy Power is offering 1/8 odds that there will be no real money poker on July 27, and 9/2 that there will be, and the Irish marketers are sweetening the pot with a linked promotional offer designed to draw more players to its own poker tables.
If a player bets on there being no real money play at Full Tilt on July 27, Paddy Power will boost his or her player PP account with an amount matching the bet.
A company spokesman noted this week: “Whether Full Tilt Poker is opened or closed on the 27th, players will have good reason to be playing poker on Paddy Power Poker.com. Either way it’s a no lose situation for our punters and poker players as they get paid one way or the other regardless of the outcome.”
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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.
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.
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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