Last week saw a number of big heads-up matches both at the live and online tables while Epic Poker encountered CardPlayer. Denmark's Frederik Jensen finally scored a big title winning the EPT Madrid Main Event and taking home half a million in European money. Viktor “Isildur1” Blom had taken on another challenger at the PokerStars SuperStar Showdown and after 2.5K hands went out with more cash than he started with. Federated Sports + Gaming executives David Goldberg and Jeffrey Pollack decided to speak for themselves claiming that CardPlayer's last week's article about FS+G's poor financial state did not reflect the real situation and that the company's reorganization is going according to the plan. Find out more in today's Inside Shuffle.
FS+G Executives Deny “Shutting Doors”
The Federated Sports + Gaming (FS+G) saga continues. Last week CardPlayer published an article claiming the Epic Poker League and Heartland Poker Tour's mother company has “shut doors” and that filing for Chapter 11 bankruptcy - which should help FS+G reorganize their finances - is just an attempt to postpone the inevitable and escape from the $5 million debt. Card Player also said that the bankruptcy court had rejected FS+G's reorganization plans and that the company hit a dead end.
However, the Federated Sports + Gambling CEO David Goldberg and Executive Chairman Jeffrey Pollack claim that CardPlayer got its facts wrong and that the company is not going under, the Chapter 11 bankruptcy procedure is going as planned. The two have contacted PokerNews.com and told their side of the story.
“We’re not disputing those things that have been filed with the court,” said Goldberg about the $5 million debt, and the fact the company had only $15,000 in cash at the time of filing. “The $45,000 budget that is listed in there is for, what I would call, Federated Sports + Gaming expenses. There’s a separate budget that sort of relates to all the Heartland Poker Tour expenses. That number is greater.”
On Friday, March 16 FS+G also issued a statement regarding the CardPlayer article saying that it was inaccurate, correcting some of the “errors” like their reorganization plans not being rejected by court. The statement also says that no one at FS+G has been contacted by CardPlayer for comments prior to publishing the article.
Read more about this on PokerNews.
New Jersey Internet Gaming Legislation Postponed
On Thursday, March 15th the New Jersey Internet Gaming Bill did not pass the state legislature. State Sen. Raymond Lesniak, who initiated the bill said that it didn't go through not because of the opposition, but for technical reasons. The senator explained that because Gov. Chris Christie's office wasn't able to finish the licensing procedure until Wednesday, the bill was not ready to face the state assembly, although it was good to go for the State Senate.
“We're going to have to work harder and faster to get the regulations and licenses issued, that's all,” Lesniak said on Thursday. “We'll still have it done by September. That can still be reached for sure. I was being conservative in saying it would be done by September.”
Lesniak was sure that the fact that Gov. Christie vetoed a similar bill last year will not get in the way of the new legislation. The State Senator also expects that the Department of Justice's ruling that the wire act applies only to online betting will allow New Jersey to work with other states in order to introduce interstate online gaming operations.
For more on this visit PokerNews.
Frederik Jansen Wins EPT Madrid
After hitting a few big Main Event final tables in the live tournament circuit, including last season's EPT Vilamoura, and, of course finishing second at the 2010 Aussie Millions, Frederik Jensen finally nailed a top-class event, EPT Madrid. On Saturday, March 17th he came out victorious at the PokerStars European Poker Tour in Madrid outplaying the field of 477 players and collecting a cash prize of almost half a million euros.
Among the last eight also was the Frenchman Nicolas Levi, a regular at the WSOP, WSOPE and EPT final tables, however, a final table appearance was his major accomplishment in Madrid as well as he finished in seventh place collecting almost €70K. As the game went down to three-handed play, Jensen, Fraser MacIntyre, and Andrei Stoenescu made a deal splitting most of the remaining prize pool and leaving €110,000 on the table to play for. However, after the victory Jansen said that although the deal did take the tension off the game, it did not take away the lust for the title. In the final heads-up play Jensen defeated Scotland's Fraser MacIntyre taking home a €495,000 cash prize along with his first major poker trophy.
These are the 2012 PokerStars.com EPT Madrid Final Results:
Read more on PokerNews.
Blom Victorious over Millar in the SuperStar Showdown
The PokerStars SuperStar Showdown came back to action on Sunday with Viktor Blom taking on another challenge, this time by Andrew “Kanu7” Millar. Although his name may not sound too familiar to many poker fans, Millar had his share of the sun in the world of online poker. He has built a reputation of a No-Limit Hold'em heads-up expert over the last year which led him to the SuperStar Showdown to test his skills against one of online's best. Kanu7's first appearance on the big online poker stage against Blom was not the first in which the Brit had faced Isildur1. The two had already met at the online tables before, however, that didn't end very well for Millar as he then lost $160,000 of his bankroll.
The debut proved that Kanu7 is more than ready for big games. Although the 2,500 hand marathon ended with Blom taking $37,687 of his opponent's cash, Millar had his share of winning big pots as well. With this victory Isildur1 increased his SuperStar Showdown record to 10-3.
Read the full report on the PokerStars Blog.
LolaPichora Wins PokerStars' Women's Sunday Event
With the Women's Sunday one year anniversary $20K guaranteed event still a week away, yesterday, March 18th, 241 PokerStars' female players gathered at the online tables to play for the $12K prize pool shared by the top 36 finishers. The event also featured a number of PokerStars' female pros including Liv Boeree, Vanessa Selbst, Celina Lin, and others with $50 bounties on their heads. The pros soon hit the rail, the players collected their extra cash, and after just three hours the final table of nine was set.
lulu.pk70 led the game with 171,240 in chips while .Ta2.Terry! with 118,850 and LolaPichora with 116,799 were just behind. However, as the play went on lulu.pk70 didn't manage to maintain the lead and left the game in fifth place after her pocket Jacks died against LolaPichora's pair of Aces. She left the table with almost $700 in her pocket. .Ta2.Terry! left the table soon after when her J-9 didn't hold on against LolaPichora's A-T. And so after ruling the final table for most of the time, the eventual winner LolaPichora entered the final duel with a 3 to 1 chip lead against R@!$er666. The final play went Lola's way and she came out victorious collecting a cash prize of $2.5K.
Read the full report on the PokerStars Blog.
PokerStars Introduces Zoom Beta
More from PokerStars – two weeks ago we brought you news about PokerStars presenting their players with a “fast-paced way to play online poker” called Zoom and now it's official. PokerStars has finally launched the beta version of the fast poker-playing platform which allows players to play many more hands in the same period of time than in regular ring games and do it much faster. The move was long awaited by the poker community as PokerStar's former rival site Full Tilt Poker had introduced the fast-paced variation called Rush Poker back in 2010.
What Zoom does is allow players to play poker much faster – every time a player folds a hand, they don't need to sit around and wait for the next hand as they are instantly seated at a new table to play a new hand. The beta version only allows No-Limit Hold'em and Pot-Limit Omaha games played only at certain stakes, however, the variety should increase in the future.
Check out PokerStars for more.
$50 Free on Poker770
Last week PokerWorks launched yet another free poker money promotion – the $50 no deposit bonus on Poker770. It's a fast and easy way for you to start playing real money games on Poker770 without investing out of your pocket. All you need to do is sign up to Poker770 via PokerWorks, use the bonus code 50WORKSEN and then follow the instructions provided in the Poker770 bonus page. Once you're done with the registration process, PokerWorks will issue the $25 bonus into your real money account. The rest of your $50 free bonus will be released as soon as you collect 500 points.
The free $50 bonus is available for new PokerWorks-referred players only, so be sure to download the Poker770 software through our links and then follow the instructions on the Poker770 bonus page. Only players who meet all the requirements will be awarded the $50 no deposit bonus.
For more info about this great promotion go to: $50 No Deposit Bonus on Poker770.
PokerNews WSOP 2012
The leading poker news resource online, PokerNews.com. is gathering recruits for its live reporting team for this year's WSOP. If you dream of meeting all the poker pros and smelling that World Series of Poker action emanating from the tables, now you can be there, right in the mix. All you need to do is apply for the poker blogger or the intern positions by sending your resume, cover letter, and two writing examples of no more than 800 words to firstname.lastname@example.org and wait to be picked for the job. If you have always dreamed of becoming a poker blogger or a reporter at the world's biggest poker event of the year, this is your chance!
For more information visit the PokerNews' career page.