Professional Poker League Draft

The Professional Poker League is getting set to get its production underway and they will be holding their live draft on October 7th at the Venetian in the city of sin. This league will consist of 64 of the best poker players in the world. This is definitely going to be an exciting PokerParty and it will definitely be intriguing to see who goes number one in the poker draft. There will be eight teams consisting of eight poker players on each squad.

The poker players will battle one another in a tournament each week and yes poker fans all of these tournaments will be televised. Each team will consist of two co-captains and at this time they have not been made public. This is adding to the hype of the event. Also, the format of the tournaments have not been made public either and they are using this as a tremendous marketing tool to try and create as much intrigue as they possibly can.

The Professional Poker League is trying to do something that nobody else has done in the world of professional poker and it definitely looks to be a nice change of pace for all of the poker fans across the world.

The Tournament Titan

The battle of online poker rooms continues to heat up as Titan Poker has just announced that they are putting up a unique one million dollar freeroll. The best part about this freeroll is that it is only open to the first twenty players that qualify. The payoff is tremendous, by just qualifying you are guaranteeing yourself twenty-five thousand dollars.

How do you qualify for this PokerParty? Poker players must make three final tables in a row in any of Titan Poker's multi-table poker tournaments. At this present time there has been one qualifier for the event. The eventual winner of the freeroll will earn $200 thousand dollars, and if you are lucky enough to make it to the final table you will amass at least $55 thousand dollars. This is definitely a poker tournament to get in on.

Jamie Gold Rumors

The rumors continue to swirl about the latest World Series of Poker Champion, Jamie Gold. The latest of a long list has him admitting to collusion during the Main Event. Here is a quote from him taken from Bluff Magazine:

"So every day I'd come to the table and everyone would freak out, and there'd be this guy sitting next to me who was practically in tears because he knew [he] could never raise a hand. So I said, "No, listen, think about it like this: No one can raise you, because they're raising me after you. You're in a great spot, and here's the deal. In return for this protection, every time I tell you to lay down your hand, you lay down your hand. And they all said okay. So I would look at my cards before the guy to my right, and then I'd say, "OK, you're cool; proceed..." or "Nope. Lay it down."

The more that comes out about Jamie Gold the shadier this guy looks. Does poker really want a guy like this being the WSOP champion. I'm sure this is not the last of the negative information we will be hearing about Jamie Gold. Looks like his PokerParty is just getting started.

SportingBet Chairman Peter Dicks Arrested

Another giant in the gaming world has been hit and hit hard. SportingBet PLC which is an online sportsbook and owns the poker site Paradise Poker, has suspended trading their shares on the London Stock Exchange voluntarily as one of its major chairmen was detained by the United States Government at the JFK Airport late last week. Peter Dicks is being held as a fugitive on an outstanding warrant. This is the second major arrest to gaming giants in the last couple of months. The last major arrest was that of David Caruthers, CEO of Bet on Sports, he was arrested on counts of rackateering and fraud.

With the news breaking that Peter Dicks was arrested the online gaming stocks fell (party gaming saw stocks drop 10 percent) drastically because most of the customers for online gaming and sportsbooks reside in the United States. This is getting pretty serious and who knows where the next ax will fall.