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Posts Tagged ‘Alleged’

Heartland Poker Tour Stop at Westgate Courts Controversy Over Alleged Buy-In Decision

The Heartland Poker Tour has a history as one of the most highly respected “mid-major” tournament circuits in the poker industry. It’s recent stop at the Westgate Las Vegas, however, has become mired in controversy over a decision regarding the buy-in for the tournament and the guarantee that was set. Making its first return to Las Vegas since 2014, the Heartland Poker Tour was looking to make a big mark on the tournament poker scene with their $ 1650 buy in Main Event. That tournament featured three Day Ones that looked to build a prize pool that would eclipse the $ 500,000 guaranteed prize pool that was put on the event. With those numbers in mind, 334 entries had to be registered for that guarantee to be met. The issues began late on Saturday afternoon at the Westgate. In a tweet from Jeremy Smith, the tournament director for the Heartland

BetOnline Addresses Alleged Live Dealer BlackJack Cheating Incident

As we told you on Tuesday, there has been a lot of talk in the past week about an incident on BetOnline.com in which a live blackjack dealer appeared to cheat a player. The site has responded by saying it is investigating the incident; it has also jettisoned the provider that had been running the live games. To review, BetOnline offers “live dealer” blackjack games in which a real dealer in a studio deals real cards, but rather than players sitting in seats at the table, they are playing remotely via the computer. It is meant to both ease trust concerns of those skeptical of random number generators and give players a more entertaining game with a live feel. On January 25th, Michael Morgenstern, who says he is a professional blackjack player, streamed a BetOnline blackjack session. He didn’t know it until someone pointed it out in his YouTube video’s

AMF Documents Evidence of Alleged Insider Trading Kickback Scheme Involving David Baazov and Friends

Hearings have begun in Quebec to discuss the insider trading case involving former Amaya CEO David Baazov and thirteen of his associates, which include family, friends, and business colleagues. According to CTV News Montreal, two days of hearings in front of a financial sector independent tribunal began on Monday. Baazov has been hit with a number of charges, including “influencing or attempting to influence the market price” of Amaya stock and “communicating privileged information.” Quebec’s financial regulatory body, the Autorité des marchés financiers (AMF), has documented an entire scheme in which it alleges that Baazov and others traded insider financial information in exchange for kickbacks. LaPresse made the AMF’s allegations public, which said that the scheme was of a “high level of organization and sophistication.” The scheme, according to the AMF documentation, dates back six years, before Amaya acquired PokerStars’ parent company for $ 4.9 billion in June 2014. LaPresse