One of the Absolute Poker co-founders Brent Buckley’s sentencing was delayed in order to make sure he doesn't get less than he deserves. Bwin.Party has agreed to pay €33.6 million in back taxes to the Spanish government in order to get the right to operate in the newly licensed and regulated online gaming market. Less than two weeks after he left the Titan Poker pro team Marvin Rettenmaier has joined PartyPoker. Shaun Deeb collected his fourth SCOOP title of the series and fifth overall setting a hard-to-beat record. All this and more in the latest Inside Shuffle.
Absolute Poker Co-Founder's Sentencing Delayed
One of the Black Friday indictees and co-founder of Absolute Poker, Brent Buckley, is going to enjoy his freedom a while longer, Pokerati.com announced on Saturday, May 19th. Buckley was supposed to be sentenced on Monday, May 21st, however, the sentencing was moved to June 28th due to “an aggravating circumstance.” According to Buckley's plea agreement with the U.S. government, he faced 12 to 18 months in prison for violating the Unlawful Internet Gaming Enforcement Act (UIGEA) and bank fraud. However, District Judge Lewis A. Kaplan believes that the possible sentence does not coincide with Buckley's felonies and therefore needs to be reconsidered.
On Monday, Kaplan issued an order claiming that Buckley “deliberately and unlawfully conspired to circumvent, and circumvented, governing laws of the United States in order to conduct or facilitate an unlawful business or businesses involving billions of dollars from which those businesses gained many millions of dollars.” Taking this into consideration the court has decided to postpone the sentencing so that it could come up with a fair decision.
Go to Pokerati.com for more on this.
Bwin.Party to Pay Spain €33.6 Million in Back Taxes
Bwin.Party is going to pay €33.6 million to the Spanish government in back taxes to gain the online gaming license, the company announced on Monday, May 21st. Spain is preparing to shut down its online gambling market to all unlicensed operators next month and requires all providers that want to receive the Spanish internet gaming license to pay back taxes they owe since 2008.
Bwin.Party is one of the 60 operators that applied for the Spanish license, however, the €33.6 million tax debt is not the biggest one among the applicants. According to the reports, PokerStars will need to pay €200 million in back taxes if they want to receive the Spanish license.
“Together with a number of other operators we have today completed a tax self-assessment in accordance with the Spanish Tax Authority’s requirements and as a result are making a payment of €25.6m plus surcharges and interest of up to €8m,” the company said in Monday's report. “Having taken these steps, we believe we have now fulfilled all requirements and look forward to receiving our license and entering the Spanish market.”
Go to BwinParty.com for the full report.
Marvin Rettenmaier Joins PartyPoker Team Pro
Although Titan Poker announced it had parted ways with the site's team pro members Sam Trickett and Marvin Rettenmaier less than two weeks ago, it didn't take long for one of them to sign a new partnership deal. Yesterday, May 21st, PartyPoker spread the news about welcoming their new team pro member Marvin Rettenmaier. He will be joining Tony G, Kara Scott, Mike Sexton, and Bodo Sbrzesny who already represent PartyPoker colors in live tournaments all over the world.
Rettenmaier has the record of almost $1.7 million in lifetime tournament winnings as well as a couple of titles under his belt. Last year he won the France Poker Series Grand Final and topped the Spanish Poker Tour Grand Finale Main Event in 2010. Just recently Rettenmaier came out victorious in the €2,000 NLH Event at the Monte-Carlo Casino EPT Grand Final. He also boasts a runner-up position at the 2011 PokerStars European Poker Tour Deauville Main Event, and a third place finish in the 2011 World Poker Tour Venice Main Event.
“I am pleased to join Team PartyPoker.com,” said Rettenmaier. “It feels like a natural move for me and I am looking forward to representing them in WPT events and beyond.”
For more on this read Team PartyPoker Joined by Marvin Rettenmaier.
Shaun Deeb Rules 2012 SCOOP
The PokerStars Spring Championship of Online Poker (or Shaundeeb Championship of Online Poker as it has been known as of late) is already in the books leaving no doubts about who was the best this Spring. The Mexican-American online pro Shaun Deeb walked out with four SCOOP titles making it a total of five in his career – a record which will be hard to beat for future generations to come. Deeb also scored 860 SCOOP Player of the Series points which was almost two times more than runner-up Canadian Jorj95 who collected 490 points.
However, the one field Deeb did not succeed in this year's SCOOP was the 40-High $10,300 No-Limit Hold'em, Main Event in which he suffered an early bust finishing 368th out of 517 players. The winner of the two-day High event was GripDsNutz from Costa Rica who collected a cash prize of almost $800K after making a three-way deal.
These are the final standings of the 2012 SCOOP 40-High $10,300 No-Limit Hold'em, Main Event:
1st: GripDsNutz (Costa Rica) — $798,675*
2nd: sp00led (Canada) — $718,675*
3rd: sosickPL (Poland) — $718,675*
4th: UrMySponsor (Germany) — $403,260
5th: wizowizo (Germany) — $284,350
6th: hotmark777 (Lebanon) — $219,725
7th: r4st4f4ri (Germany) — $168,025
8th: römpsä (Germany) — $116,325
9th: B4d3m3!st3r (Germany) — $85,822.00
* indicates a three-way chop
Since every SCOOP event ran in three different stake levels, the Main Event had two more winners. john_tri80 from Greece won the 40-Low $109 NL Hold'em, Main Event collecting almost $200,000 while suarez_BG from Bulgaria finished in the top position in 40-Medium $1,050 NL Hold'em, Main Event for $560K.