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Florida Poker News
Posted 15 Feb 2012 by Yevgeny
After 9 hours and 300 hands of final table action, Matt Juttelstad defeated Gigi Gagne heads-up to become the champion of the WPT Lucky Hearts Poker Open at the Seminole Hard Rock Hotel and Casino in Hollywood, Florida. Gagne, who started the evening as the chip leader, made a valiant effort trying to become the first female poker player to win a WPT open title. Despite her initial lead, she faced a significant setback early on as she lost a big pot to Keith Ferrera as they went all-in on the
Posted 12 Feb 2012 by Yevgeny
Continuing FTR's coverage of the WPT Lucky Hearts Poker Open at the Seminole Hard Rock Hotel and Casino in Hollywood, Florida, the second chance rebuy period has ended and the final field size has been finalized at 295 buyins for a total prize pool of just over $950,000. The champion will take home $268,444 plus a $25,500 seat into the WPT Championship event. Top 27 finishers are guaranteed a cash prize of at least $8629.
Matt Juttelstad was the chip leader by the end of Day 1B. He had
The world of online poker has been turned upside-down after the events of, what people are calling, online poker's "Black Friday." On Friday, April 15, 2011, the U.S. Department of Justice issued an incidment against the founders of the three largest online poker sites, PokerStars, Full Tilt Poker and Absolute Poker, charging them with bank fraud, money laundering and illegal gambling. Because of this, these three sites have barred U.S. based players from playing.
These new legal issues have left players worry about their future and the future of online poker. Over the last few years, a larger number of players have been making their living by playing online poker. Now these players are banned, their money has been locked up and they are looking for answers.
Right now, no one knows what the future holds for online poker in the United States. While online poker shows its resilience after bouncing back from the Unlawful Internet Gaming Enforcement Act of 2006, it is not an indication of things to come. There are numerous possibilities for online poker, though. One of these possibilities is state-by-state regulation.
Florida online poker would be a possibility if the United States went to a state-by-state poker regulation system. The state has already been in the news when it comes to online poker regulation. In January 2011, Representative Joseph Abruzzo filed HB77, which proposed instrastate Florida online poker. The companion bill died in Committee in April, though. The state was hoping that Florida online poker would raise as much as $10.5 million a year for the state. Florida currently has brick and mortar poker rooms. In a free market system, these card rooms could open Florida online poker sites of their own, generating money for their casinos and the state.
Black Friday has caused uncertainty about what will become of online poker in the United States and has left online poker players searching for answers. State-by-state regulation is one of many possibilities for its future.