Tag Archives: PokerStars

NJ Lobbies for Higher Penalties as PokerStars Pays $10k Fine

NJDGE fines PokerStars $10k for accepting illegal sports bets. The New Jersey Division of Gaming Enforcement (NJDGE) has spent the last six years regulating the most successful online gambling market in the United States. There have been ups and downs. There have been mistakes made, problems realized, and solutions conceived. Is this not to be expected when pioneering any market of such a volatile nature? One thing gaming regulators in the Garden State have learned in recent times is that the penalties for non-compliance could have – nay, should have – been set a lot higher. That was the sentiment coming out of NJDGE offices last week when it was announced that one of their most prominent licensed operators had been fined just $10,000 for violating the state’s strict sports gambling laws. PokerStars Fined $10k for Accepting Illegal Sports Bets On April 12, 2019, David L. Rebuck, Director of the … Continue reading

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PokerStars Drops $280k Countersuit against Gordon Vayo

Online Poker showdown between PokerStars and Gordon Vayo comes to quiet, uneventful end. For the last year and a half, PokerStars and online pro Gordon Vayo have been embroiled in a heated debate that escalated from accusatory emails, to the US District Court of California. Today, the dust is settling as both parties have officially withdrawn their lawsuits against one another. Vayo originally accused PokerStars of wrongly refusing to pay his $692,460 prize in the 2017 Spring Championship of Online Poker (SCOOP). PokerStars argued he used a VPN to spoof a location in Canada, when he was really playing illegally from California, forfeiting his position in the tournament. Online Poker Showdown Flares, Fizzles and Fades Vayo sued PokerStars for the near $700k owed to him, then immediately dropped his lawsuit when evidence emerged that he’d forged documents in an effort to prove his case. PokerStars countersued Vayo for $280,000 in … Continue reading

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Canadian Poker Pro Jonathan Duhamel Tough as Nails

Nothing can stop Canadian pro and WSOP crusher Jonathan Duhamel. We’ve all heard stories of strong people who’ve overcome ridiculous odds. It happens in the poker world all the time. Every WSOP Championship bracelet ever awarded took guts, skill, and a survivalist instinct. But I don’t think any Main Event winner overcame so much as Canadian poker pro Jonathan Duhamel. Anyone who’s followed live poker for any length of time should recognize the name. Even if you weren’t up to date when Duhamel achieved his most memorable accomplishment, winning $8.9 million in the WSOP ME in 2010—the first Canadian poker player ever to do so—his imminent skill continues to make headlines each and every year. At just 30 years of age, he’s the second highest career earner on the Canadian all-time money list (#22 in the world) with $17.98 million banked. He’s now up to three WSOP bracelets, having won … Continue reading

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Baazov Case Dismissed in Insider Trading Allegations

Ex-CEO of Canada online poker firm free and clear following dismissal of insider trading allegations. After more than two years, David Baazov‘s prognostication that he would be cleared of all insider trading charges against him has come true. Earlier this month, Quebec Judge Salvatore Mascia dismissed the insider trading case against Baazov and two co-defendants, granting the defence’s motion for a stay of proceedings after the prosecution fumbled hundreds of thousands of case documents. Ex-CEO of Canada Online Poker Firm Off the Hook In March of 2016, then-CEO of Amaya Inc. (now The Stars Group), David Baazov, was charged with insider trading. Quebec’s securities regulator, Autorité des marchés financiers (AMF), alleged that Baazov, two other defendants, Yoel Altman and Benjamin Ahdoot, and three related companies, had engaged in illegal trading practices to raise the necessary capital to complete the 2014 acquisition of Rational Group; parent company of the world’s largest … Continue reading

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The Stars Group seeks Sky Betting Funding via TSX, Nasdaq

Toronto online gambling juggernaut proposes common shares public offering. The Stars Group is already among the largest online gambling companies in the world. Based out of Toronto, it owns some of the largest iGaming operations in existence. Its portfolio includes online poker behemoths PokerStars and Full Tilt, along with the popular casino and sports betting sites, PokerStars Casino and BetStars. If their latest acquisition comes to fruition, The Stars Group will officially become the largest global operator in the online gambling industry. Earlier this year, the company set its sights on UK-based Sky Betting & Gaming, one of the largest iGaming brands in all of Europe. That company owns real money internet gambling operations Sky Bet, Sky Bingo, Sky Casino, Sky Poker, and Sky Vegas. It also operates several free-to-participate gaming sites as well as the odds comparison domain, Oddschecker. In April 2018, Sky Betting & Gaming and its majority … Continue reading

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Stars Group buys SkyBet… What Happens Next?

Future gets brighter still for Canada online gambling firm The Stars Group. Should SkyBet’s rivals be nervous? As we learned over the weekend, The Stars Group, an online gambling behemoth based in Toronto, Canada, boosted its portfolio with a major acquisition. The company spent a whopping $4.7 billion to acquire UK iGaming giant Sky Betting and Gaming (SBG). So… what happens next? In February, the company snatched up Australian sports betting operator CrownBet. Immediately after that, it was announced that CrownBet was scooping up the Australian branch of William Hill – another digital sports betting rival in The Land Down Under. And now, Stars Group has one of the UK’s largest iGaming groups, SBG, under its wing. Clearly, The Stars Group is working to spread its wings all across the globe, in more verticals than ever before. As the owner of PokerStars and Full Tilt, there’s no question that the … Continue reading

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Is Bluffing an Effective Poker Strategy? The ASA says No

ASA pulls PokerStars ad for promoting bluffing strategies in poker. This year, the UK has been cracking down on its internet gambling licencees like never before. Following an investigation that unveiled massive incidents of irresponsible behavior, major operators are facing penalties left and right. The worlds largest online poker room, PokerStars, has had no issues with the UK Gambling Commission as a result of the investigation. However, the Advertising Standards Authority (ASA) is another matter. Earlier this month, the ASA upheld a decision that PokerStars had launched an inappropriate ad campaign. They say a television ad, which aired in October 2017, promoted bluffing as an effective poker strategy, “exploited inexperienced” players and encouraged “recklessness”. PokerStars Ad Promotes Bluffing Strategies for Poker The commercial shows a hand of poker being played in which the active player is holding one of the worst possible poker hands, 8-3 off-suit. In the background, a … Continue reading

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Profile: Canada Female Poker Player Kristen Bicknell

Kristen Bicknell Bio – 2017 Female Poker Player of the Year, Canada’s sweetheart. There have only been a handful of professional poker players who’ve captured our hearts over the years. Daniel Negreanu, Liv Boeree, and Vanessa Russo come to mind. Their inherent charm and affable personalities, combined with immense skill for the game, have earned them a rightful place among the world’s top favorites. Kristen “krissyb24” Bicknell (right) is worthy of similar acclaim. At just 31 years of age, her success has been prolific, in both the online poker community and on the global tournament circuit. She’s personable, witty, beautiful, and the top ranked Canada female poker player. Kristen Bicknell Bio – Early Life Growing up in St. Catherine’s, Ontario, Kristen’s path to poker success doesn’t match the stories of most of today’s top pros. She didn’t disappoint her family by dropping out of college. Quite the opposite, in fact. Her … Continue reading

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Canada’s Favorite Poker Pro, Daniel Negreanu

Canadian professional poker player Daniel Negreanu, $35m and counting. Who is the best poker player in the world? That’s a very tough question. How do you judge such a category? Do you go by accolades? Recent success? Lifetime earnings? If championship titles reign supreme, American pro Phil Hellmuth is the man, with a record 14 WSOP bracelets to decorate his curio cabinet. Recent success goes to Spaniard Adrian Mateo, who just won the GPI 2017 Player of the Year Award. But if it’s monetary success over the extent of one’s career, Daniel Negreanu is the hands-down winner, with more than $35 million banked. Negranu has been the poker world’s all-time money leader in live tournaments for several years now. His current career winnings total $35,840,955. That number is likely to rise any day now, as he constantly participates in events all over the globe. He is undoubtedly Canada’s favorite poker … Continue reading

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Will Former Internet Gambling CEO Baazov get his Day in Court?

Court trial for Canada’s top gambling strategist and former Amaya CEO, David Baazov, begins today. How many times have we seen the headliners of multi-billion dollar companies fall from grace? The executives build a brand to munificent stardom. Onlookers marvel at their strategically-driven success. How do they do it? But then, as the judge bangs the gavel, the reality of the situation is confirmed. Is this how Canada’s David Baazov turned a fledgling online gambling company into a multi-billion dollar success story? Prosecutors sure seem to think so. Mr. Baazov stepped down from the CEO position of Amaya Gaming (now The Stars Group, headed by Rafael Ashkenazi) last year, amidst allegations of insider trading and market manipulation. Now, the elite gambling strategist who orchestrated the $4.9 billion acquisition of the world’s largest online poker site, PokerStars, in 2014, must face the music. Probably… Trial Begins for Former Internet Gambling CEO … Continue reading

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