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Poker Players Await Ruling on Stations Casino Bad Beat Jackpot Denial

When you think you have the goods in a poker hand and lose big, it hurts. But when you think you have the goods, lose big, but in turn hit a casino’s Bad Beat Jackpot, it feels amazing. Now take that to the next, depressing level and think you won the Bad Beat Jackpot only to have the casino say, “Not so fast, my friend.” That is the situation facing poker players who were playing at the Station casinos on July 7th at about noon. According to a report by the Las Vegas Review-Journal, Len Schreter beat Avi Shamir in a poker game at Red Rock Resort with a straight flush over straight flush. As this qualified for the Bad Beat Jackpot (it looks like Aces full must be beaten and both hole cards must be used; if Aces full, one hole card must be an Ace), a sign lit

2017 PokerStars Championship Prague Main Event Day 4 – Michal Mrakes Takes Over Lead with 16 Players Left

If it was Saturday, the PokerStars Championship Prague Main Event was set to play off its Day 4 schedule. By the time the dust settled on the poker battleground of the Casino Atrium Prague in the Czech Republic late Saturday night, local favorite Michal Mrakes – who has been hovering about the upper reaches of the leaderboard since the start of the tournament – had taken over the lead with only 16 players remaining. At the start of the day, 49 players were set to take on whatever Saturday’s play held for them. Perhaps looking a bit brighter on the day was chip leader Paul Michaelis, who woke up on Saturday morning after spending his second day atop the leaderboard. Michaelis’ 1.27 million in chips was pretty much threatened by only one person – Mrakes, who was the only other player over a million chips with his 1.032 million chip

2017 PokerStars Championship Prague Main Event Day 3 – Paul Michaelis Remains in the Lead, 49 Players Remaining

Instead of letting the pack catch up to him on Day 3 of the 2017 PokerStars Championship Prague Main Event, Paul Michaelis instead extended his lead. When the 49 players come back for Day 4 on Saturday, Michaelis’ name will be atop the leaderboard with 1.27 million in chips. 140 players came back on Friday with dreams of the latest PokerStars Championship trophy still in their heads, but the start of the day would be cruel. With only 127 players earning a cash from the tournament, there would be 13 unfortunate souls that wouldn’t earn anything from their trip to the Czech Republic except a memory. With this thought in mind, the field headed off on a planned five, 90-minute level day of action. PokerStars Team Pro Fatima Moreira de Melo had arguably one of the more interesting days on the felt and it started virtually from the first hand

Leon Tsoukernik/Matt Kirk Battle Ramps Up as Fellow Players Take Sides

One thing that a poker player has in the world of gambling is his integrity. The trust of your fellow players – whether it be in financial transactions or in actual play of the game – is integral to being able to operate in the gambling community. Thus, the battle between King’s Casino owner Leon Tsoukernik and high stakes pro Matt Kirk has captured the interest of the poker community, with several top players taking sides. For those of you who are unaware of the situation, earlier this year Tsoukernik allegedly borrowed $ 3 million from Kirk during a heads-up poker match, which the Czech businessman then reportedly lost back to Kirk in Las Vegas. After trading text messages between each other in an attempt to rectify the situation, the duo was unable to come to terms of repayment and are now trading lawsuits. Kirk filed a lawsuit to get

Israeli Tax Authority Targeting Poker Players for Investigation

According to reports from one of Israel’s business websites, several Israeli poker players are currently under siege, but not because they play poker. They are allegedly the target of the Israeli government and the Israeli Tax Authority for monies that are allegedly owed to the government. The website Globes and writer Ela Levi-Weinrib are reporting that, along with those people potentially hiding revenue from real estate sales and foreign bank accounts outside the country, Israeli poker players have come under fire for either underreporting or not reporting their incomes accurately. According to Levi-Weinrib, these players are debating with the Israeli Tax Authority over how their income should be taxed and whether they should even be taxed because of the expenses they incur. The potential tax income for the Israeli government borders on tens of millions of shekels (the monetary base for Israel). Levi-Weinrib states that, two weeks ago, the Israeli