The Pokerfuse Weekly Newsletter

By Pokerfuse.com received 6 years ago

Categories: Poker
Age: 19 until 30 year 31 until 64 years 65 and older
Content includes: Casino or gambling related content
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The situation for players on Lock Poker has not improved. The site did modify its recent restrictions on its player-to-player transfer policy, but the grim situation has prompted some sponsored pros to walk away from their endorsement deals. In other news, PokerStars has filed suit to keep its deal to buy the Atlantic Club casino in New Jersey alive, Phil Ivey is suing a casino in London for not paying him $12 million in winnings, and mobile access to Full Tilt's Rush Poker has returned. Check out all the latest headlines and more at pokerfuse.com .

Chris Moorman, Paul Volpe Step Aside from Lock Endorsements

Pros begin to walk away from endorsement deals as Lock payment issues persist.

Online poker pros Chris Moorman and Paul Volpe, two prominent player-endorsers of beleaguered online poker site Lock Poker, have announced that they have chosen not to renew their deals with the site. Though undeclared, the decisions appear to be effective immediately, with both players already removed from the Lock Poker site.

Moorman, a prominent British pro, and Volpe, an American player, both announced their decisions via their personal Twitter feeds within the past 24 hours, reflecting the poker public’s concern over deep troubles at Lock, which have spilled over into attacks on many of the pros representing the site.

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Lock Poker Modifies Player-to-Player Transfer Policy in Face of User Uproar

Questions regarding Lock's solvency have remained unaddressed.

Lock Poker, co-owner of the Revolution Gaming Network, has announced a revision and clarification of its P2P (player-to-player) real-money cash transfer policy, in the face of an intense customer backlash on poker discussion forums over the site’s existing policy.

Lock PR representative Shane Bridges posted the revised policy with a brief statement on the dedicated “Lock Poker” area of the 2+2 forums. Bridges confirms that Lock will adopt a 15% GGR (Gross Gambling Revenue) cutoff on all transferred amounts. This means that for each $100 transferred between players, the receiving player must generate $15 in rake for the hosting site, Lock, before the initial transfer amount ($100) can be cashed out.

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Amaya Hires Former Absolute Poker Frontman as Online Gaming Head

Paul Leggett, ex-COO of Ultimate Bet and Absolute Poker, to head Amaya's online strategy, including Ongame.

Canada’s Amaya Gaming, a growing player in international gambling business, has hired former Absolute Poker CEO and COO Paul Leggett as its head of online gaming, replacing Paul Bertilsson, who will continue on as a consultant with the company.

Leggett’s hiring was first reported by eGaming Review last week, and has since been confirmed independently by pokerfuse, despite no formal announcement of the hiring by Amaya.

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PokerStars Sues Atlantic Club Over Attempted Termination of Sale, Restraining Order Granted

Temporary restraining order granted blocking any sale in connection with the Atlantic Club.

PokerStars’ parent company Rational Group filed a lawsuit in New Jersey Monday against the owner of Atlantic Club Casino. Rational asserts that the alleged termination of their agreement to purchase the property with Rational is illegal.

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Sell Out at Inaugural Ultimate Poker Sunday MTT

Despite a technical hitch earlier in the day that resulted in a temporary cancellation, Ultimate Poker’s first Sunday multi-table tournament (MTT), a $10k guarantee with $100 buyin, was still a big success, selling all 200 seats over an hour before it commenced.

The tournament got underway at 6PM PST and ran for just over 5 and a half hours. The prize pool of $18,200 was distributed to the top 27 players. First prize of $4173 went to “d4heels.”

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UK DCMS Select Committee Approves New UK Gambling Bill

UK proposals for Point of Consumption (PoC) based gambling regulation have been broadly approved by the parliamentary committee responsible for reviewing them.

The Department of Culture Media and Sport (DCMS) Select Committee has given the go-ahead for the UK government to take the proposals to the next stage in the legislative process.

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More Headlines

Full Tilt's Rush-Only Mobile Site Relaunch Spring Downswing: Low Turnouts, Big Overlays in Spring Tournament Series Low Turnout for Monte Carlo EPT Grand Final $5 Million To be Awarded in 100 Billionth Hand Promo on PokerStars Winner Poker Accounts Locked, Unlocked in iPoker Investigation Phil Ivey Sues London Casino PokerStars Offers Traditional SCOOP Reload Bonus EPT Schedule for 2013/2014 Announced Two Years of Pokerfuse, Eight Homepage Designs Poker Training Videos This Week: May 5, 2013 PokerStrategy Parent Company Launches Casino Guide
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