PokerWorks

In case you missed them in our daily News Flash, here's the rewind for your reading pleasure:

UB and Absolute Poker Scandals Answers

For anyone with lingering questions over the UB Poker and Absolute Poker scandals of years past, Tokwiro’s COO Paul Leggett is ready to provide answers. He published another in an irregular series of blog posts, this one to confirm that there was no cover-up to the investigation, no one involved in the cheating is currently associated with the websites, and Tokwiro employees were cleared of any wrongdoing. He also addresses some Russ Hamilton and Excapsa settlement questions, further attempting to put the scandal in the past.

Harrah's Entertainment Public Offering on the Horizon

It seems that Harrah’s Entertainment is setting itself up for a future foray into a public offering. A deal between Apollo Management, TPG, and billionaire John Paulson set the latter up with equity to be exchanged for debt and then registered on the New York Stock Exchange or Nasdaq Stock Market. The details may be confusing, but the message is that Harrah’s is ready and confident as it looks forward to a public offering is clear.

The World Poker Tour is Looking For You IF

Do you know poker? Are you forthright and in-your-face about your opinions regarding strategy and poker pros themselves? The World Poker Tour is looking for you. In order to add another interesting facet to the image of the WPT, the company is going to produce a segment called “The Raw Deal.” To host that segment, anyone can watch a video on the website and tape their own responses to it, submit to the WPT, and possibly be chosen as the new WPT critic for its television show.

No Additional Jail Time for Adam Ramsay

Adam Ramsay will receive no additional jail time for stealing Aussie poker pro Van Marcus’ red $355K Ferrari from the Crown Casino in Melbourne, Australia. It happened in May when Ramsay impulsively took the car from the valet, took it for a joy ride, and was later arrested for stealing the vehicle. But since the man is already serving 35 months in jail for other crimes, the sentence for stealing Marcus’ car will only run concurrently with that, as the judge accepted that it was a spontaneous act.