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	<pubDate>Thu, 22 Dec 2011 04:43:23 +0000</pubDate>
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		<title>Woman Wins $1 Million Poker Jackpot on $20 Wager</title>
		<link>http://www.badbeatjackpot.com/woman-wins-1-million-poker-jackpot-on-20-wager/</link>
		<comments>http://www.badbeatjackpot.com/woman-wins-1-million-poker-jackpot-on-20-wager/#comments</comments>
		<pubDate>Thu, 22 Dec 2011 04:43:23 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Jackpot News]]></category>

		<guid isPermaLink="false">http://www.badbeatjackpot.com/?p=1552</guid>
		<description><![CDATA[An unidentified woman won $1 million at Harrah’s Resort in Atlantic City this week, after playing the Three Card Poker 6 Card bonus jackpot game and qualifying for a promotion being run by the casino resort.  What makes this win particularly impressive is the fact that the woman wagered only $20 before grabbing the [...]]]></description>
			<content:encoded><![CDATA[<p>An unidentified woman won $1 million at Harrah’s Resort in Atlantic City this week, after playing the Three Card Poker 6 Card bonus jackpot game and qualifying for a promotion being run by the casino resort.  What makes this win particularly impressive is the fact that the woman wagered only $20 before grabbing the big prize and becoming the second winner of the promotion. </p>
<p>The win was made through the promotion offered by Harrahs where players are paid out cash prizes if they manage to draw a royal flush. The sum of the prize depends on the make-up of the royal flush, and whether it is in clubs, spades, hearts or diamonds.  The payout also depends on how much money is bet on the hand by the poker player. </p>
<p>Harrah’s top payout of $1 million was earmarked for a royal flush in diamonds – the exact hand landed by the woman, despite her very low wager. </p>
<p>Harrah’s Resort would not divulge the identity of the woman when approached, but did confirm that she had only been playing for two hours at the table before she hit the winning jackpot.  The casino also said that the woman had notified them that she had only ever played Three Card Poker 6 twice in the past. </p>
<p>Harrahs’ promotion kicked off at the end of September and this marks the second time that the $1 million payout has been won since then.  The first jackpot was won in October after another unidentified man wagered just $19.  In November, 2011, a man from Virginia bagged $100,000.</p>
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		<title>Bwin.Party Signs Potentially Lucrative US Poker Deal</title>
		<link>http://www.badbeatjackpot.com/bwinparty-signs-potentially-lucrative-us-poker-deal/</link>
		<comments>http://www.badbeatjackpot.com/bwinparty-signs-potentially-lucrative-us-poker-deal/#comments</comments>
		<pubDate>Tue, 08 Nov 2011 01:43:50 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Live Poker]]></category>

		<guid isPermaLink="false">http://www.badbeatjackpot.com/?p=1550</guid>
		<description><![CDATA[Bwin.Party digital entertainment Plc, the gambling entity that resulted from a merger between Bwin and Party Gaming, has announced that it has entered into a potentially lucrative deal that could return it to the US gambling market. The group entered into a joint venture contract with the two Las Vegas based casino groups, Boyd Gaming [...]]]></description>
			<content:encoded><![CDATA[<p>Bwin.Party digital entertainment Plc, the gambling entity that resulted from a merger between Bwin and Party Gaming, has announced that it has entered into a potentially lucrative deal that could return it to the US gambling market. The group entered into a joint venture contract with the two Las Vegas based casino groups, Boyd Gaming and MGM Resorts.    </p>
<p>The three issued press releases this week outlining the creation of a company that would set up web platforms and would put Bwin.Party in a position to enter the market when it becomes legalized and regulated. </p>
<p>Bwin.Party will have a 65% majority stake in the company, while Boyd Gaming will have a 10% stake. MGM Resorts will own the balance.  According to the press releases, all three companies will have board representation. </p>
<p>According to a separate contract, Boyd Gaming entered into an agreement with Bwin.Party that it would use the online company’s technology to establish its own poker brand in the United States once the appropriate legislation has been passed.  Although not yet confirmed, MGM is also thought to have entered into a similar 15 year agreement with Bwin.Party.  </p>
<p>The President and Chief Executive of Boyd Gaming, Keith Smith said: “We see online poker as a compelling future growth opportunity for our company, and this agreement would position Boyd Gaming to quickly become a leader in the online poker market in the United States.” </p>
<p>Although Bwin.Party cannot predict when changes will come about in the US online poker market, the group was sure that it was gaining “significant momentum” by entering into these agreements. The venture also allows Bwin.Party to apply for a Nevada Gaming Commission gambling license.</p>
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		<title>New Hearing Scheduled for Full Tilt Poker</title>
		<link>http://www.badbeatjackpot.com/new-hearing-scheduled-for-full-tilt-poker/</link>
		<comments>http://www.badbeatjackpot.com/new-hearing-scheduled-for-full-tilt-poker/#comments</comments>
		<pubDate>Sat, 10 Sep 2011 20:09:55 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Live Poker]]></category>

		<guid isPermaLink="false">http://www.badbeatjackpot.com/?p=1548</guid>
		<description><![CDATA[The Alderney Gambling Control Commission announced that it has rescheduled a hearing for Full Tilt Poker, with the new date being September 19th.  Besides being four days later than the previously decided-upon date, the new hearing will be held at a different agenda – the Riverbank Park Plaza Hotel on the Albert Embankment in [...]]]></description>
			<content:encoded><![CDATA[<p>The Alderney Gambling Control Commission announced that it has rescheduled a hearing for Full Tilt Poker, with the new date being September 19th.  Besides being four days later than the previously decided-upon date, the new hearing will be held at a different agenda – the Riverbank Park Plaza Hotel on the Albert Embankment in London.  The reason for the change of venue, said the AGCC, is because it would be able to accommodate more interested parties – leading to higher expectations that the hearing will be open to the public, as the previous one was supposed to be, and not behind closed doors as demanded by Full Tilt’s legal team in the last hearing.</p>
<p>A hearing scheduled for July 26th was meant to enable representatives of Full Tilt Poker to explain to the AGCC why it could not pay back its players since an FBI indictment against 11 executives in the online poker industry.  The Commission wants Full Tilt to prove that it can protect its player’s funds and pay them out under any circumstances – something that the poker room has been unable to do.</p>
<p>Full Tilt was hoping that by the time the rescheduled hearing’s date came up, it would have good news regarding an acquisition deal, which would have allowed it to start paying back its players.  Unfortunately, nothing concrete has happened between July and now, and analysts believe that the Alderney Gambling Control Commission will not be so quick to re-license the online poker room.</p>
<p>Full Tilt will have to come to the new hearing with better news and a full explanation of how it plans to pay back the millions owed to its players.  If not, the chances of the group receiving an operating license by the AGCC are slim. </p>
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		<title>Full Tilt Poker Releases New Statement</title>
		<link>http://www.badbeatjackpot.com/full-tilt-poker-releases-new-statement/</link>
		<comments>http://www.badbeatjackpot.com/full-tilt-poker-releases-new-statement/#comments</comments>
		<pubDate>Tue, 06 Sep 2011 09:44:36 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Government]]></category>

		<guid isPermaLink="false">http://www.badbeatjackpot.com/?p=1546</guid>
		<description><![CDATA[Full Tilt Poker released a new statement to the industry this week, detailing why it has been unable – since April – to pay its members the millions of dollars owed to them.  This is the most detailed statement issued by the beleaguered online poker room since Black Friday, when the US Department of [...]]]></description>
			<content:encoded><![CDATA[<p>Full Tilt Poker released a new statement to the industry this week, detailing why it has been unable – since April – to pay its members the millions of dollars owed to them.  This is the most detailed statement issued by the beleaguered online poker room since Black Friday, when the US Department of Justice seized its domain name. </p>
<p>In the statement, the online poker room blamed the government for seizing its funds repeatedly over the years. </p>
<p>“As is obvious from the events that have transpired since April 15th, Full Tilt Poker was not prepared for the far-reaching, US government enforcement effort of Black Friday. Full Tilt Poker never anticipated that the DOJ would proceed as it did by seizing our global domain name and shutting down the site worldwide.” </p>
<p>In April, the group managed to reach a deal with the Department of Justice with the objective to help its players access their funds, however this never came to fruition and players are still left frustrated that they haven’t been paid out yet.  The group claims that the money seized over the years by the government meant that $115 million was lost.  It also claimed that one of its payment processors stole $42 million from the company, leading to more financial woes. </p>
<p>“Until April 15th, Full Tilt Poker had always covered these losses so that no player was ever affected,” said the group.  It also said that it had  “unprecedented issues with some of its third-party processors that greatly contributed to its financial problems.” </p>
<p>Fill Tilt said that its Dublin heaquarters has received visits from around six investment groups who expressed an interest in investing in the online poker site.  It has also hired a financial advisor, not named in the statement, “to assist us in our search for an infusion of cash as well as a new management team to restore the site and repay players.”</p>
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		<title>A-Rod Meets with MLB over Poker</title>
		<link>http://www.badbeatjackpot.com/a-rod-meets-with-mlb-over-poker/</link>
		<comments>http://www.badbeatjackpot.com/a-rod-meets-with-mlb-over-poker/#comments</comments>
		<pubDate>Mon, 29 Aug 2011 04:15:23 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Live Poker]]></category>

		<guid isPermaLink="false">http://www.badbeatjackpot.com/?p=1544</guid>
		<description><![CDATA[Professional baseball player, Alex Rodriguez, aka A-Rod, confirmed that he met with Major League Baseball officials on Friday to discuss allegations that he took part in illegal poker games.  “They asked me a lot of questions,” said A-Rod. “I answered them. It went well. I feel great about it. I think they have their [...]]]></description>
			<content:encoded><![CDATA[<p>Professional baseball player, Alex Rodriguez, aka A-Rod, confirmed that he met with Major League Baseball officials on Friday to discuss allegations that he took part in illegal poker games.  “They asked me a lot of questions,” said A-Rod. “I answered them. It went well. I feel great about it. I think they have their information. Now they can report back to the commissioner.” </p>
<p>A-Rod said that the parties did not discuss any disciplinary measures and he is now waiting to see if anything comes out of the meetings. </p>
<p>“In fairness to them, I said what I had to say,” he said. “I answered all their questions until they were tired, and then I’ll let them come back to us.  I don’t know what they’re going to do with the information.” </p>
<p>In July this year, tabloids published an article claiming that A-Rod was seen attending underground poker parties in homes that were also frequented by stars such as Leo DiCaprio and Matt Damon.   One tabloid also said that drugs were used at one of the parties and that a fight nearly broke out. </p>
<p>After the stories broke, the MLB issued a statement saying that it took these claims very seriously and would be investigating the matter.  “As part of the investigation, the commissioner’s office will interview Mr. Rodriguez,” read the statement. </p>
<p>This is not the first time that Alex Rodriguez has been involved in poker games.  In 2005, he was warned by the Yankees and the MLB to stay away from poker parlors after he was seeing playing in a New York based parlor with legendary poker pro, Phil Hellmuth.</p>
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		<title>Full Tilt Poker Hearing Postponed</title>
		<link>http://www.badbeatjackpot.com/full-tilt-poker-hearing-postponed/</link>
		<comments>http://www.badbeatjackpot.com/full-tilt-poker-hearing-postponed/#comments</comments>
		<pubDate>Sun, 31 Jul 2011 21:35:03 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Government]]></category>

		<guid isPermaLink="false">http://www.badbeatjackpot.com/?p=1542</guid>
		<description><![CDATA[Frustration, outrage, charges of blackmail.  These were just some of the sentiments expressed by online poker players as they watched the events of the last few days unfold surrounding the long-awaited  Alderney Gambling Control Commission hearing on the future of Full Tilt Poker.  While these players didn’t expect to see their $150 [...]]]></description>
			<content:encoded><![CDATA[<p>Frustration, outrage, charges of blackmail.  These were just some of the sentiments expressed by online poker players as they watched the events of the last few days unfold surrounding the long-awaited  Alderney Gambling Control Commission hearing on the future of <a href="http://www.badbeatjackpot.com/download-wwwfulltiltpokercom/">Full Tilt Poker</a>.  While these players didn’t expect to see their $150 million or so returned to them overnight, they had hoped to see some progress made, or have Full Tilt Poker feel the pressure of a tightening noose.  Unfortunately, the hearing started off with massive media hype but ended in a sizzle after both sides ‘agreed’ to have the meeting postponed until September. </p>
<p>The meeting began in London this week, with a request by Full Tilt’s solicitor, Martin Heslop, to postpone the hearing, citing fears of jeopardizing ongoing buyout negotiations by interested European investors as a reason. He also asked for future meetings to be held in private, away from the eyes of the media and players who were not only invited, but also encouraged to attend by the AGCC.  </p>
<p>The Alderney Commission discussed  the request for a private hearing, and an hour later, frustrated players and the media were ushered out of the room.  There are no minutes of the meeting that transpired between the two sides in the private hearing, and the only statement that ended the day was that the meeting was going to be adjourned until September 15th.  Poker forums, however, have noted that one of the reasons why the AGCC capitulated to these demands is that Heslop told the commission in no uncertain terms that Full Tilt would promise to pay back the GBP 250,000 in unpaid licensing fees owed to the commission if it granted the motion to have the hearing adjourned.  The media went one step further and called this blackmail. </p>
<p>Watch this space as more details of the ongoing Full Tilt saga.</p>
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		<title>DC Councilman Wants to Repeal Online Gambling</title>
		<link>http://www.badbeatjackpot.com/dc-councilman-wants-to-repeal-online-gambling/</link>
		<comments>http://www.badbeatjackpot.com/dc-councilman-wants-to-repeal-online-gambling/#comments</comments>
		<pubDate>Fri, 22 Jul 2011 03:51:34 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Government]]></category>

		<guid isPermaLink="false">http://www.badbeatjackpot.com/?p=1538</guid>
		<description><![CDATA[Late last year, DC Councilmember Michael A. Brown added a provision to a budget bill that essentially allowed online gambling within the jurisdiction.  When Congress did not object to the provision, it became law in April this year, making Washington DC the first jurisdiction in the United States to allow online gambling.
However, now that [...]]]></description>
			<content:encoded><![CDATA[<p>Late last year, DC Councilmember Michael A. Brown added a provision to a budget bill that essentially allowed online gambling within the jurisdiction.  When Congress did not object to the provision, it became law in April this year, making Washington DC the first jurisdiction in the United States to allow online gambling.</p>
<p>However, now that push comes to shove, there are efforts being made to repeal this provision.  The Democrat Councilmember representing DC’s Ward 6, Tommy Wells, announced this week that he is making plans to introduce legislation after the summer that would put a halt to online gambling before it gets off the ground, and is hoping to get the provision repealed. </p>
<p>Wells claims that he did not fully understand the consequences of the provision when it was entered into the budget bill by his colleague, Brown and that he objected to the way that it was introduced. </p>
<p>He told the media: “It’s not good government. It’s not transparent.” </p>
<p>Following a hearing prompted by the Council’s chairman for the committee of finance and revenue, Councilmember Jack Evans (D-Ward 3), the DC Lottery agreed to delay the implementation of online gambling until the beginning of the fiscal year, in the fall.  Another hearing on the matter will be held in October and it is said that Wells is not keen to repeal the provision altogether until more information is heard by the lottery group. </p>
<p>Evans said: “I’m not going to do it until I’m very comfortable that this thing is OK. It could be a long time or not.  I don’t have a timetable in mind. It’s not going to go into effect certainly until October, if at all.” </p>
<p>The DC Lottery said that it plans to implement an online gambling model that would limit anyone under the age of 19, and to cap deposits in accounts at $250 per week.  The platform is already being designed by Intralot, and the idea has the potential to generate $13 million for the local government over the next four years.</p>
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		<title>Joe Barton Plans to Introduce New US Online Poker Bill</title>
		<link>http://www.badbeatjackpot.com/joe-barton-plans-to-introduce-new-us-online-poker-bill/</link>
		<comments>http://www.badbeatjackpot.com/joe-barton-plans-to-introduce-new-us-online-poker-bill/#comments</comments>
		<pubDate>Sun, 19 Jun 2011 02:51:25 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://www.badbeatjackpot.com/?p=1536</guid>
		<description><![CDATA[An unlikely candidate to champion the cause of online poker players in the United States may be the one who finally brings about some changes. Rep. Joe Barton, who is Congress’ biggest backer of oil drilling and nuclear waste repositories, doesn’t seem the most likely of politicians to back an online gambling regulation bill.  [...]]]></description>
			<content:encoded><![CDATA[<p>An unlikely candidate to champion the cause of online poker players in the United States may be the one who finally brings about some changes. Rep. Joe Barton, who is Congress’ biggest backer of oil drilling and nuclear waste repositories, doesn’t seem the most likely of politicians to back an online gambling regulation bill.  However, it just may be that Barton’s plan to introduce a new bill to a new committee could do the trick. </p>
<p>Barton wants to introduce a bill very similar to Barney Frank’s last on that failed last year when it was steered through the House Financial Services Committee, except that Barton’s will go through the Energy and Commerce, of which he is chairman emeritus.   And the simple reason that Barton wants to back the bill, besides the fact that fifteen million people play it online and that it has the potential to earn millions for the US economy, is because he is a huge fan of the game. </p>
<p>“I love to play poker,” he told the Vegas Sun in an interview. “When I was in the minority, I told the other lawmakers, ‘you’re in the majority, do something about it.’ But now I’m in the majority and I’m trying to get it going.” </p>
<p>Barton has a few obstacles ahead of him.  He needs to enable the Commerce Department with the authority to issue new poker operators with licenses. In addition, he needs to ensure that his new legislation takes into account the recent legal developments in the online poker industry, namely Black Friday.  </p>
<p>Barton has the support of the PPA and director, John Pappas noted: “We think he can bring a very strong coalition of conservative-minded Republicans to support it. He’s respected, not only with the more socially conservative, but the more fiscally conservative caucus within the House, and brings a really credible voice to this issue &#8230; because he understands why regulation makes sense, not only from the perspective of a lawmaker, but also that of a poker player.” </p>
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		<title>Moves Made to Shrink Illinois Gambling Bill</title>
		<link>http://www.badbeatjackpot.com/moves-made-to-shrink-illinois-gambling-bill/</link>
		<comments>http://www.badbeatjackpot.com/moves-made-to-shrink-illinois-gambling-bill/#comments</comments>
		<pubDate>Sun, 19 Jun 2011 02:50:35 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://www.badbeatjackpot.com/?p=1534</guid>
		<description><![CDATA[The fragile bill introduced in Illinois that could see gambling expanded across the state may need to be scaled down in order to avoid Governor Pat Quinn from issuing a veto, thereby sending the bill back once more to the drawing board.  According to Senator Terry Link (D), one of the sponsors of the [...]]]></description>
			<content:encoded><![CDATA[<p>The fragile bill introduced in Illinois that could see gambling expanded across the state may need to be scaled down in order to avoid Governor Pat Quinn from issuing a veto, thereby sending the bill back once more to the drawing board.  According to Senator Terry Link (D), one of the sponsors of the gambling bill, the governor has indicated “very strongly” that he wants to see a reduction in the bill.  “His message was loud and clear to us, and we have to see how we can do this to appease what his concerns are,” he said.  This is the first major hurdle: To see how much needs to be cut back in order to please the governor and avoid a veto. </p>
<p>The second obstacle may be even bigger: To ensure that all the interest groups who got together to put the bill together are left satisfied, even after the reductions. </p>
<p>The current legislation allows the construction of a casino in Chicago, as well as in four other locations – Danville, Rockford, Lake County and southern Cook County.  In addition, O’Hare and Midway airports will be allowed to offer slots, as will six licensed horse tracks. The bill also allows riverboats to increase their gambling services, while a racino will be added at the Springfield state fairgrounds. </p>
<p>It’s too early to tell which of these will be left out of a scaled back bill, but if some type of agreement is reached, the new bill could be voted on in a matter of weeks.  However, many have their reservations about the success of a scaled down bill.   </p>
<p>“I&#8217;ve been working on this bill for 20 years, and I finally found the right combination,” said co-sponsor, Lou Lang. “If slots at tracks come off, you can&#8217;t pass the bill. If the money for downstate agriculture comes off, you can&#8217;t pass the bill. If you take out casinos for Danville and Rockford, it might damage the ability to pass the bill.”</p>
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		<title>Federated Sports and Gaming Buys Heartland Poker Tour</title>
		<link>http://www.badbeatjackpot.com/federated-sports-and-gaming-buys-heartland-poker-tour/</link>
		<comments>http://www.badbeatjackpot.com/federated-sports-and-gaming-buys-heartland-poker-tour/#comments</comments>
		<pubDate>Sun, 19 Jun 2011 02:40:25 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://www.badbeatjackpot.com/?p=1532</guid>
		<description><![CDATA[The Heartland Poker Tour, which is responsible for bringing affordable poker tournaments to locations across the United States, has been acquired by Federated Sports and Gaming.  The Heartland Tour, which has been part of the local poker scene since 2005, specializes in low buy in prices in order to attract amateur players and poker [...]]]></description>
			<content:encoded><![CDATA[<p>The Heartland Poker Tour, which is responsible for bringing affordable poker tournaments to locations across the United States, has been acquired by Federated Sports and Gaming.  The Heartland Tour, which has been part of the local poker scene since 2005, specializes in low buy in prices in order to attract amateur players and poker fans, and also runs satellites to top poker events to allow players the opportunity to experience top tournaments. </p>
<p>The Heartland Poker Tour is virtually a household name in over 100 million American homes, and is currently in its seventh season of broadcasts.  However, it’s not just the Americans who are familiar with this brand.  The Heartland Tour also appears on TV channels in the Caribbean, Europe and the Middle East. </p>
<p>Federated Sports and Gaming runs its own tour around the country and has over 200 players onboard for its Federated Poker League.  By combining these two entities, both will have an opportunity to grow and expand, bringing quality poker to US players. </p>
<p>Jeffrey Pollack, former World Series of Poker commissioner who formed Federated Sports and Gaming said: “HPT will be a satellite channel for our Pro-AM events. I wouldn’t be surprised if the winners of HPT events end up earning seats to our Pro-AM events, but we haven’t figured all that out yet.  That’s a possibility, and then again, the HPT tournaments with a $1,500 buy in our higher count toward qualification in the pro league.” </p>
<p>He said that this move was about “Federated providing a complete poker offering that includes the pros, but also developmental and amateur players.”</p>
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