Monthly Archives: July 2012

Full Tilt Players Hit $547 Million Bad Beat Jackpot

The Department of Justice announced today settlements with Full Tilt Poker and Poker Stars, the latter of which will acquire assets of the former.  Poker Stars will be able to re-enter U.S. jurisdictions should online poker be made explicitly legal in the future and own the Full Tilt Brand without any admission of wrong doing.  All for a mere half billion or so, to be paid out over three years.  Poker Stars announced it intends to re-introduce the Full Tilt Brand with a new management team — previous managers are barred from participating.  Many civil and criminal trials and settlements against Full Tilt poker “insiders” are still pending, with some of the named defendants still at large.  Claims against Absolute Poker/Ultimate Bet are still to be settled.

DoubleDown Casino Launches Cleopatra Slots

Graphical variety is the spice of slot life and DoubleDown Casino is livening up their slots on Facebook with Cleopatra — “Will you get bitten or will you conquer?”  Players get an additional 1,000,000 chips and from the promotional email:

• Share in my treasures with 3X the reward on bonus rounds
 20 payline game packed with exotic flavor
 Explore what I have to offer from the comfort of your own home
• Play the casino game you know and love

Is Zynga Ready to Go All In?

Zynga logo

Last week, Zynga’s stock took a tumble, falling nearly 40 percent in one day of trading after the Q2 earnings call with investors. This led to all sorts of speculation, with NBC even suggesting that Facebook could be in talks to buy Zynga.

Before everyone completely jumps ship from the Zynga boat, it’s important to understand that Zynga still has a second wind, or more aptly, an ace up their sleeve – Social Gambling. As reported by Poker Fuse, Zynga CEO Mark Pincus has reaffirmed his company’s interest in real money online gambling. This would be huge, as Zynga already has the infrastructure and user base necessarily to make such an undertaking hugely successful, as it’s already home to the world’s largest online poker game.

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