When Alan Meltzer passed away last October, he left behind $1 million in his will to his chauffeur and another $500,000 to the doorman of his building. An entrepreneurial success story, Meltzer built his fortune in the music business and gained fame in the poker world when he appeared on Season 5 of High Stakes [...]
Action was fast and furious in Event #10 of PokerStars’ Turbo Championship of Online Poker, a $10 rebuy tournament. The event drew 12,636 players and netted an additional 39,000 rebuys and 6,000 add-ons for a total prize pool of $579,330. This nearly doubled the PokerStars guaranteed amount of $300,000. Final table starting chip count: Seat [...]
While Occupy Wall Street has surpassed the 75-day mark accented with police barricades and corporate threats and pepper spray, what some are terming “Occupy PokerStars” lasted less than a day. Protesters were acting in response to a policy change by PokerStars for the New Year that changed their rake attribution system from a “dealt” model [...]
One of the most popular PokerStars exclusive events kicked off this week, the 2012 PokerStars Caribbean Adventure. The series is being hosted at the Atlantis Resort and Casino, which is located on Paradise Island in the Bahamas. It will consist of 41 different events, including a $10,000 buy in Main Event and a $100,000 buy [...]
On Saturday it was announced that Joe Hachem would not be resigning with PokerStars as a Team Pro member. His contract expired recently and it was a mutual decision not to renew the contract. The 45 year-old Australian father of four says he will remember his time with PokerStars fondly, but is also looking forward [...]
Come January 1st 2012, 38 websites/operators will be the first to provide legal online gambling to residents of Denmark. The Danish “orderly” regulatory framework will have each operator pay a 20% tax on their gross income. Pokerstars, 888 Poker, Betfair and Unibet are among those who managed to secure a license. Danish minister of taxation [...]
Since Black Friday, PokerStars, the largest poker room in the world, has gobbled up the online poker market. The poker network snapshot below reveals the percentage of players online on April 10, 2011, a few days before Black Friday. The pie graph clearly conveys PokerStars’ top spot. The now defunct Full Tilt Poker was in [...]