That titanium lock on Full Tilt Poker players' account balances has finally been removed and a conveyor belt of cash is expected to start soon.. Full Tilt players that live in "the rest of the world" should start to receive their account balances within 90 days since PokerStars acquisition deal with the U.S. Government has been formally closed. The Global Poker Index was just sold to Zokay Entertainment, a new venture from Chiligaming's CEO Alex Dreyfus. "Mad" Marvin Rettenmaier made World Poker Tour history and we believe he's on his way to the WPT Parx Open Poker Classic in search of more records. Keep Reading and while you're here, subscribe to our "Inside Shuffle" in the link on the right hand side of the page.
PokerStars Plans Full Tilt Poker Relaunch
After the acquisition deal with the U.S. Department of Justice was formally closed on Thursday this week, PokerStars announced they would relaunch Full Tilt Poker on November 6th.
PokerStars had to make a payment of $225 million to the U.S. government within six days after acquisition talks reached a final agreement. With that transfer made, PokerStars will begin reimbursing Full Tilt Poker players in the "rest of the world" and U.S. players must deal with the Department of Justice to have their funds turned over.
"Mad" Marvin Rettenmaier Sets Record
Marvin Rettenmaier dominates the World Poker Tour Championship events as of late - at least two of them back-to-back and that's a record, a never been done yet type of feat. In May, 2012, Marvin became a PartyPoker sponsored pro and hit the big leagues in Las Vegas to play $25,000 WPT World Championship at Bellagio in Las Vegas, it was the Grand Final of Season X. He took it down to the tune of $1,196,858 and beat 151 star-studded poker players in doing it.
Marvin turned right around and ran over the final table of the WPT Merit Cyprus Classic yesterday. He was in third place in chip count when the final table started but he sawed them all off, one by one, until only one remained of the starting six.
WPT Merit Cyprus Classic Results
|5||Joseph El Khoury||$65,770|
Watch an interview PokerNews.com's Lynn Gilmartin did with Mad Marvin.
ALERT: A note to the WPT Parx Open Poker Classic players, we have every reason to believe Marvin is on his way, he'll be looking for three back-to-backs.
Read the tournament report here.
Zokay Entertainment Acquires the Global Poker Index
ChiliGaming CEO Alex Dreyfus' new venture, Zokay Entertainment, has acquired the Global Poker Index (GPI) from Pinnacle Entertainment. The world's top 300 live tournament players' weekly performances are tracked by the GPI.
Federated Sports + Gaming Inc. (FS+G) created and owned the GPI until Pinnacle purchased it as part of a bid for FS+G's assets during a bankruptcy auction in June after FS+G filed for Chapter 11 Bankruptcy in February.
The GPI was sold to Zokay - plans are to expand the GPI to "promote poker worldwide as a true contest of skill not just a game of chance."
Dreyfus has big plans for the GPI, read about them here.
Speeding at PartyPoker
PartyPoker's version of speed poker is in the testing stages now. Fast Fold debuts in a play money format but as soon as everything checks out and PartyPoker feels the game is ready for real money, you'll be able to play micro stakes of $0.02/$0.04 and $0.05/$0.10 at first and new stakes levels will be released on player demand.
Fast Fold lets you immediately fold your hand and move to a new table with new players. You'll see hundreds of hands per hour because you are seated in a large player pool instead of a table with the same players.
PartyPoker is now able to compete with Zoom Poker at PokerStars and other online poker sites that have fast-fold poker variants. Full Tilt Poker was the first online poker site to introduce fast fold poker to the poker world - aptly named Rush Poker.
Image courtesy of PokerNews.com.