PokerListings.com is the world's largest and most trusted online poker guide, offering the best online poker bonus deals guaranteed, over $1m in exclusive freerolls every year and the most free poker content available on the Web.
Poker News in Brief: May 11-17, 2009
It's that time again.
PokerListings.com has made a list of some of the smaller but still interesting poker news stories of the week and put it nright here for your reading pleasure.
This week we take a look at a horrible river card for legal Texas in poker, the shady operations of a multi-million dollar hedge fund manager and the dates for a popular Caribbean Poker tournament.
Bad beat for legal poker in Texas
HB 222, a bill to legalize poker in Texas, was taken off the Texas House agenda Thursday.
Rep. Jose Menendez, who introduced the bill, told lawmakers he knows the governor would veto the legislation, so he was saving them a heated debate for no reason.
According to an article in the Dallas News, Menendez said "You need to know when to hold them, and you need to know when to fold them."
Currently there is no casino gambling of any kind in Texas. HB 222 would have allowed poker games operated under the authority of the Texas Lottery Commission.
This is the third session in a row Menendez has tried, and failed, to get poker legislation passed in Texas.
Hedge fund manager accused of fraud, losing millions in poker
A California hedge fund manager has been accused of conning investors out of approximately $44 million while losing about $5 million in high stakes poker games, according to a story with the New York Times.
The story with the Times identified the manager as 46-year-old Bradley R. Ruderman, the founder and manager of Ruderman Capital Partners.
Ruderman faces as much as 20 years in prison if he is convicted of wire fraud.
The biggest question on many poker players' minds is which high-stakes rounder he donated the majority of his $5 million to.
Read the Times story here.
Dates for the 2009 Aruba Poker Classic Announced
Ultimate Bet has finally released dates for one of the most scenic stops on the poker circuit.
The 2009 Aruba Poker Classic will take place Oct. 3-10 at the Radisson Resort. The $5,000 main event will start Oct. 5 and the champion will be crowned on Oct. 9.
The presenting sponsor will once again be Ultimate Bet with well-known poker personality Matt Savage filling the role as tournament director.
Last year Matt Brady outlasted 550 players, including the likes of Liv Boeree, Matt Vengrin and Johan Storakers to take down a $1 million first place prize at the tournament.
Kai "Prince of Darkness" Landry finds more WSOPC success
As much as the World Series of Poker Circuit events have fallen out of the spotlight over the past couple of years, there are still those that find tremendous value in the events.
One such player is Kai Landry, the self-proclaimed "Prince of Darkness," who won the WSOPC Tunica main event in January and followed it up with a win at WSOPC New Orleans this week.
Landry outlasted 543 players to take the crown in Event 15 of WSOPC New Orleans. It was a $300 buy-in No-Limit Hold'em event and Laundry received $35,620 for his poker heroics.
New Orleans continues to be one of the most successful stops on the circuit with attendance up this year over last.
The main event in Louisiana kicks off on May 18.