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Poker News | The Inside Shuffle

The Inside Shuffle - WSOP Main Event; Calling Jarrett Nash; Chimpanzee Shot and Killed by Cops in LV; and More

World Series of Poker
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The World Series of Poker (WSOP) is slowly settling into history, except for the Main Event of course; they are playing down to The Nine tonight with two women still in the field. On the subject of the WSOP, Jarrett Nash was a Main Event contender. His chips were there...for awhile, but he wasn't! The Police have shot and killed an escaped chimpanzee in Las Vegas and used a tranquilizer gun on another for crowd safety. The outcome of Full tilt Poker Chief Executive Officer Ray Bitar's case will have an effect on poker heard 'round the world. Let's get moving...

Chimpanzees Escape in Las Vegas

The story doesn't have a Cinderella ending. Two chimpanzees escaped a private residence last week and apparently went on a run through a neighborhood, and pounded on cars with the male leaping onto the top of a police car.

"We tried to establish a perimeter until the experts arrived," said Officer Marcus Martin, a Las Vegas police spokesman. "But at least for the first animal, they couldn't get there in time."

The female chimp was tranquilized but when the male charged at an officer, it was shot and killed.

The chimps belonged to former WSOP Main Event finalist Lee Watkinson and his partner Timmi Derosa after rescuing them from scientific and medical research studies. The female, CJ, has been returned to the Watkinson's home.

Dan Kulin, Clark County spokesman, said all the proper permits are in effect for the owner to keep the animals on the property as well as a license from the U.S. Department of Agriculture.

Visit for more.

$6 Million Settlement for Poker Processor

LST Financial, a Texas payment processing company has agreed that for its involvement in illegal online poker transactions, the sum of $6.27 Million will be forfeited to the U.S. government. PokerStars, Full Tilt Poker, and Absolute Poker are the three online poker sites that LST Financial is alleged to have processed transactions for before the poker sites were seized by the Department of Justice in April, 2011.

Ryan Lang owned 50 percent of the company and is one of the 11 men indicted on Black Friday by the DOJ. Lang pleaded guilty in March to conspiracy charges.

From 2007 to 2010 Lang operated out of Canada as a payment processor that assisted financial brokers who supposedly made false statements to the banks and tricked them into processing payments for the poker sites previously mentioned. Lang has been accused of facilitating the illegal transfer of funds between poker players in the United States and the online poker sites.

LST admits to no wrongdoing and claims it was duped into processing the illegal transactions according to a report from the New York Post.

Read it at the New York Post.

Ray Bitar Could Face Life in Prison

The poker world is watching and waiting to see what will happen with Full Tilt Poker's Chief Executive Officer, Raymond Bitar. Bitar is at home in CA, electronically monitored by the FBI and under house arrest. He flew into New York on July 2nd and surrendered to authorities; and later posted a $2.5 million bond as security in his release.

When he landed in New York, he was hit with an amended indictment by the DOJ added to the original charges. He proclaims his innocence and swears to fight the charges.

The poker world watches for many reasons. Online poker players want their funds returned and the right to play poker online in a safe, secure, regulated environment. The statement issued in December, 2011 by the DOJ reversing a five-decade-old policy by stating that only online betting on sporting contests is unlawful opens the door that most believe has been sealed and now allows the states the right to decide on online poker.

The poker world is definitely watching...

Read the for the full report.

Jarrett Nash Makes the Money and Skips Day 5 of the WSOP ME

Everyone has a song to sing. Although some of us do it silently, poker catches our tune and hits the switch on the spotlight. So it is with Jarrett Nash.

Nash and his wife are non-denominational Christians and each weekend they take a day of rest from sundown Friday to sundown Saturday. “No pleasures of the self,” Nash said.

So Friday evening Nash walked away from of his stack of more than 500,000. He eventually busted in 171st place for around $45,000. The prize money is spoken for according to Nash, it’s money that, “God has a plan for.”

Nash said he knew what was going to happen in a response to his elimination around Saturday's sundown. He was asked by what he would say to those in the poker world who might criticize his decision. He said he “would always tell someone to seek the lord.”

Read the full report on Nash's "No pleasures of the self," choice.

The WSOP Main Event – Day 7

Find all the news and game play as it happens at PokerNews Live Reporting. Eleven players left and two of them are…sigh…gasp…women!!!! Go Elisabeth Hille and Gaelle Baumann! Two ladies seated in the final NINE would be super huge, bigger than real life, stronger than Iron Man, more impressive than The Avengers…maybe not…but damned awesome!

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News Flash

The IRS Scores Big at 2015 WSOP ME Final Table

The IRS managed to snag 34.13 percent from the payouts of the 2015 November Nine, totaling $8,467,091.

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