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Full Tilt CEO Ray Bitar in Ill Wellness and Near Destitute, Allen Cunningham Says

Full Tilt CEO Ray Bitar in Ill Wellness 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 harsh prison sentence.

Poker pro Allen Cunningham says that former Full Tilt CEO Ray Bitar is struggling with health conditions and hasn’t been living the high life at all since his sentencing a year ago, despite what some poker fans may think. Those comments arrived within the center of a forums thread discussing the main points of the assets that Bitar was forced to forfeit as part of his punishment for crimes regarding his time as head of the infamous poker site.

‘According to my sources Ray Bitar is unlikely to live no more than a couple years and is nearly penniless,’ Cunningham had written in an answer the ‘conspiracy theorists’ who suggested that Bitar faked his heart related illnesses to get a more lenient deal year that is last. ‘He did not escape with anything. That should be worth more than a random nvger’s gossip when I had been member of team complete tilt.’ [sic]

Guilty of Comprehensive Tilt Charges

Bitar was sentenced April that is last to served after pleading guilty to charges of illegal Internet gambling and conspiracy to commit bank fraud and wire fraud. That phrase also included the forfeiture of $40 million in assets that were based on his work at Full Tilt. During the time, Judge Loretta A. Preska noted that Bitar would hav Continue Reading →

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South Korea Mohegan Sun Mega Casino Bid Would Land Near Incheon Airport in Seoul

South Korea Mohegan Sun Mega Casino Bid Would Land Near Incheon Airport in Seoul

Incheon Airport, in the South Korean capital of Seoul, could one day host Mohegan Sun’s planned casino resort. The air travel hub attracts numerous millions of key Asian visitors each 12 months.

Mohegan Sun might have lost the battle for a Massachusetts casino, but that hasn’t stopped the business from bidding for a wildly ambitious $l.6 billion new project in South Korea.

The tribal gaming operator is proposing to construct the country’s largest gambling resort at one of many world’s travel hubs that are busiest, Incheon International Airport, nearby the country’s capital town of Seoul.

The casino would end up being the centerpiece of an even larger development that could add a twin-tower luxury hotel with 1,000 rooms, a 20,000-seat arena, an entertainment park, and nearly 200,000 square feet of retail, food, and activity space. The casino it self would house 50 blackjack and roulette tables, and 1,500 slot machines.

‘It’s likely to be a dazzling, multifaceted destination casino resort,’ Mitchell Etess, chief administrator of the Mohegan Tribal Gaming Authority, told the Boston Globe. ‘High-rollers can get on a jet that is private land, and always check right in to the hotel. It’d be perfect for James Bond.’

(We wonder if Bond is still playing poker arms such as the one that won him €115 million in the infamous Casino Royale scene where he overcome out a table of flushes and full ho Continue Reading →

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Chukchansi Gold Casino Closed After Tribal Power Struggle

Chukchansi Gold Casino Closed After Tribal Power Struggle

The Chukchansi Gold Resort & Casino in Coarsegold, California remains closed following a standoff that is armed may have violated its compact with all the state.

The Chukchansi Gold Casino in Coarsegold, California, just 40 miles north of Fresno, has been closed by order of a federal judge following a strange management power struggle that culminated in an armed invasion of the building.

A tribal faction that claims rightful ownership associated with Indian casino had apparently been ousted to a local company park in August following a disputed election, but returned on Thursday, with guns drawn.

About 20 armed men joined the casino at around 6:30 pm, sending customers running for cover, and ordered security guards at gunpoint into an area that is secure of building. Guards were reportedly handcuffed and assaulted, but no casino clients were harmed.

The goal, it seems, were casino papers and accounts that are overdue for submission to the nationwide Indian Gaming Commission. The Commission had threatened to close the casino down and issue it a $16 million fine if the necessary audits and accounts, some which are eighteen months late, were maybe not submitted. It would seem, then, that the ousted faction violently stormed the casino to be able to do its accounts.

Standoff Filmed

Madera County Sheriff deputies soon reached the scene and evacuated the building of some 500 people; however, the men could not be arreste Continue Reading →

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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 years that are few.

Online sites that are streaming Twitch have made the games more accessible to fans, and even ESPN has broadcast a few championship matches in games like Dota 2 and Heroes of the Storm.

And much like any endeavor that is competitive a big fan base and plenty of players and teams to follow, it didn’t take a long time before the thought of gambling on matches started to grab steam as well.

Gambling on eSports is quickly becoming a big company, and lots of companies are searching to money in on what may be the next growth market for online betting.

Just this week, a brand new startup business known as Unikrn launched a sleek web site which allows players from throughout the world (where online sports betting is legal, at the 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, however right now, fans into the United States can’t bet on matches: online sports betting isn’t appropriate generally in most of the country, and even live sports betting is fixed to simply a few states.

But for the ongoing company, that just means focusing on other areas for the time being, with Europe, Asia and Australia being targeted Continue Reading →