Tag: black friday
The PokerStars Black Friday Guilty Plea
Nearly a decade after the U.S. Department of Justice seized popular poker website domains, like the PokerStars Black Friday incident. The founder of PokerStars has plead guilty to gambling charges, but what lies ahead for him? Plus sports betting news from Washington State, are also discussed. Well my friends, here we are again… week three of a global lock down as the world battles this damn Coronavirus! We don’t have martial law yet, but hey at this point nothing would surprise me! And what could be bigger news than that? How about a 73 year old man that the US…
PokerStars Founder Plead Guilty and Faces Prison
In one of the last chips to fall from the Black Friday fiasco years back, the PokerStars founder plead guilty to operating an illegal online gambling business and could go to prison. Isai Scheinberg entered his plea in a New York federal court earlier this week.. The plea comes two months after the 73-year-old duel citizen of Canada and Israel originally surrendered to U.S. authorities. He was released on $1 million bail after initially pleading not guilty to all charges. Scheinberg is now facing up to five years behind bars. Scheinberg founded PokerStars in 2001 and continued to operate in…
Howard Lederer Apologizes for Full Tilt
Former Full Tilt Poker executive Howard Lederer issued an apology for the events that led to the poker site failing to have funds on hand to pay all its players in the wake of 2011’s Black Friday. Lederer, in part, said “I take full responsibility for Full Tilt’s failure to protect player deposits leading up to Black Friday.” In the wake of its domain being seized by the U.S. Department of Justice in April of 2011, Full Tilt was not able to refund all account balances because of a failure to segregate operational and player funds. PokerStars went on to…
Black Friday: The man who ‘built’ online poker in America
Daily Mail – Sixty minutes later Daniel Tzvetkoff and a cohort of high rollers and hangers-on were partying in the Palm Hotel’s Playboy Mansion Suite. Tzvetkoff swigged Cristal champagne straight from the bottle and lounged in the infinity pool. Naked girls snorted cocaine off each other’s breasts and invited him to do the same. Tzvetkoff was 25 years old. He could have anyone he wanted at the click of his fingers. He flew by private jet, drove Lamborghinis, Rolls Royces, Bentleys, Ferraris and more and his property portfolio was worth millions. And on that September night in Vegas, 2008, he…