Best rakeback poker rooms

Posts Tagged ‘once’

Phil Galfond Announces Run It Once Online Poker Room Launch Coming This Summer

In September 2016, poker pro Phil Galfond announced that he was going to start his own online poker room named after his poker training site, Run It Once. His idea was to build something that would cater to players of all types, that would focus on fairness, and that would be transparent. Since then, we have heard so little about the new poker room that most of us assumed the project had been shelved. But last week, Galfond wrote a long blog post on RunItOnce.eu (which we assume is the web address for the poker room), explaining what has been going on and trying to get back to the concept of transparency. Galfond explained that the delays have largely been related to software development. “Our software delays weren’t the typical delays that come with the territory,” he said. “We made some significant missteps early in our software development (I don’t

Senators Graham, Feinstein Once Again Ask DOJ to Ban Online Poker

It has been a while since we heard from Senator Lindsey Graham (R – S.C.) about trying to ban online poker in the United States, so I suppose it was about time for him to try to revive his dead horse. Last week, Graham and Senator Dianne Feinstein (D – CA) sent a letter to U.S. Deputy Attorney General Rod Rosenstein, asking him to reverse the Wire Act clarification issued by the Department of Justice’s Office of Legal Counsel in 2011, a decision which would effectively make online gambling completely illegal in the U.S. As readers may remember, the Wire Act was designed more than 55 years ago to curtail organized crime by making sports betting over phone lines illegal. For whatever reason, decades later, the Department of Justice interpreted it to include all gambling over the internet. In late 2011, the OLC clarified that the Wire Act only applied

888 & Rank Increase Offer to Buy William Hill, Rejected Once More

On Monday, 888 Holdings and The Rank Group announced that they made a second proposal to acquire William Hill. William Hill announced, in turn, that it has rejected the offer. The “Revised Proposal” comes just six days after the initial proposal from 888 and Rank. Both bids had two pieces: cash and stock. The new proposal increased the estimated value of the stock portion while also giving William Hill a larger ownership percentage of what would be a new, combined company. In the original proposal, 888 and Rank would merge to create BidCo, the company which would turn around and buy William Hill to form a massive gaming company from the three rivals. William Hill shareholders would have received 199 pence per William Hill share in cash plus .725 BidCo shares per William Hill share. 888 and Rank (called the Consortium) estimated the value of the stock piece based on