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Comprehensive Tilt CEO Ray Bitar in Ill Health and Near Destitute, Allen Cunningham Says

Comprehensive Tilt CEO Ray Bitar in Ill Health and Near Destitute, Allen Cunningham Says

Ray Bitar was forced to surrender $40 million after pleading guilty to charges related to his time as CEO at Full Tilt, but avoided a prison sentence that is harsh.

Poker pro Allen Cunningham says that former Comprehensive Tilt CEO Ray Bitar is struggling with health conditions and hasn’t been living the life that is high all since his sentencing a year ago, despite what some poker fans may think. Those comments came in the middle of a TwoPlusTwo.com forums thread discussing the details of the assets that Bitar was forced to forfeit as a part of his punishment for crimes related to their time as mind of the poker site that is infamous.

‘According to my sources Ray Bitar is unlikely to live no more than a couple years and is nearly penniless,’ Cunningham wrote in an answer the ‘conspiracy theorists’ whom advised that Bitar faked his heart related illnesses to get a more lenient deal last 12 months. ‘He didn’t escape with anything. That should be worth more than a nvger that is random gossip when I ended up being member of team full tilt.’ [sic]

Guilty of Full Tilt Charges

Bitar ended up being sentenced April that is last to served after pleading guilty to fees of unlawful Internet gambling and conspiracy to commit bank fraud and wire fraud. That phrase additionally included the forfeiture of $40 million in assets that had been derived from his work at Full Tilt. At the time, Judge Lore (more…)

Bookies Beat Pollsters in Scottish Referendum

Bookies Beat Pollsters in Scottish Referendum

The referendum that is scottish Bookies had been predicting an 80 percent chance of a ‘no’ vote, while the polls were contradictory and inaccurate.

Did bookies understand the results regarding the Scottish referendum in advance, while polls were way off the mark? It sure appears that way.

Scotland has voted to stay in the UK, with 55.3 % of voters deciding against dissolving the 300-year union of nations and going it alone. Many were surprised that the margin between winning and votes that are losing because wide as 10 %; a number of polls had predicted that the result was too close to call and that the ‘Yes’ and ‘No’ promotions had been split straight down the middle.

The simple truth is, polls were all around the place: contradictory and fluctuating wildly. They ranged from a six-point lead for the ‘yes’ vote up to a seven point lead for the ‘no’ vote into the weeks leading up to the referendum. And although they certainly were properly predicting a ‘no’ vote on the eve of the wedding day, they considerably underestimated the margin of the ‘No’ victory.

Margins of mistake

Perhaps Not the bookies, though. It was had by them all figured away ages ago. As the pollsters’ predictions were see-sawing, online recreations outfit that is betting had already decided to pay out bettors who had their funds on a’no’ vote a few days before the referendum even occurred. And even though there clearly was a whiff of a PR stunt about that (more…)

As Rome Burns, Putin OKs Crimea Gambling Zone

As Rome Burns, Putin OKs Crimea Gambling Zone

Russian president Vladimir Putin, facing financial sanctions, signs in a legislation which will produce a ‘gambling area’ in annexed Crimea. But could their timing be any worse?

The story that is old Roman emperor Nero fiddling while his city burned to the ground has a mythic quality that could be used to Vladimir Putin today. Facing an international scandal after Russia’s seeming involvement in shooting a Malaysia Air passenger jet out of the sky, the Russian president has chosen now to ok a new gambling area in Crimea; a small region simply to the south of Ukraine, where the horrific incident took place last week.

Of course, unlike Nero, Putin continues to be firmly in control of all things Russian, and has borne the brunt of surprisingly little outrage that is international the incident which was allegedly carried out under their military’s auspices.

Putin signed into effect a law this week which will transform the annexed territory of Crimea into a gambling zone for Russian holidaymakers. Into the light of recent events in Eastern Ukraine, Putin, faced with all the prospect of increased US/EU sanctions, could quite possibly have chosen a more moment that is apposite make this specific announcement, but he’s nothing if not bull-headed, and it’s really clear he is determined to help make the region economically self-sufficient.

Russia took over the territory that is largely russian-speaking the Ukraine in March, following a r (more…)

Bookies Beat Pollsters in Scottish Referendum

Bookies Beat Pollsters in Scottish Referendum

The Scottish referendum: Bookies had been predicting an 80 percent potential for a ‘no’ vote, even though the polls were contradictory and inaccurate.

Did bookies understand the results associated with referendum that is scottish advance, while polls were way off the mark? It sure looks that way.

Scotland has voted in which to stay the UK, with 55.3 per cent of voters deciding against dissolving the 300-year union of nations and going it alone. Many were surprised that the margin between winning and votes that are losing as wide as 10 %; lots of polls had predicted that the result was too close to call and that the ‘Yes’ and ‘No’ campaigns were split straight down the middle.

The stark reality is, polls were all around the accepted destination: contradictory and fluctuating wildly. They ranged from a six-point lead for the ‘yes’ vote to a seven point lead for the ‘no’ vote into the weeks leading up to the referendum. And although these were correctly predicting a ‘no’ vote on the eve of the wedding day, they considerably underestimated the margin of the ‘No’ triumph.

Margins of Error

Perhaps Not the bookies, though. They’d it all figured away ages ago. Even though the pollsters’ predictions were see-sawing, online recreations outfit that is betting had already decided to spend bettors who had their money on a’no’ vote several times prior to the referendum even occurred. Even though there clearly was a whiff of a PR stunt ab (more…)

Gambling on eSports Becoming Mainstream

Gambling on eSports Becoming Mainstream

Fans can now bet on competitive matches in games like League of Legends.

Competitive video games, or eSports, have seen their popularity grow by leaps and bounds in the past few years.

Online streaming sites like Twitch are making the games more available to fans, and also ESPN has broadcast a small number of championship matches in games like Dota 2 and Heroes of the Storm.

And just like any endeavor that is competitive a big fan base and lots of players and teams to follow, it didn’t take a long time before the notion of wagering on matches started to pick up steam as well.

Gambling on eSports is quickly becoming a big business, and many companies are looking to cash in on what may be the next growth market for online betting.

Just this week, a brand new startup business known as Unikrn established a sleek web site that allows players from across the world (where online sports betting is legal, at least) to wager on upcoming matches in League of Legends, Dota 2, Counter-Strike and other popular competitive games.

Unikrn Targeting Europe, Asia, Australia

Unikrn was founded in Seattle, though right now, fans within the united states of america can’t bet on matches: online sports betting isn’t appropriate in many of the country, and even live sports betting is restricted to simply a states that are few.

But also for the ongoing business, that just means focusing on other markets for enough time being, with Europe, Asia and Australia (more…)