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Wednesday, April 7, 2010 as of 11:14 AM ET

Full Tilt Poker

Full Tilt Poker was an online poker card room that opened in June 2004 with the involvement of poker professionals Howard Lederer, Phil Ivey, Andy Bloch, Mike Matusow, Jennifer Harman and Chris Ferguson.

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U.S. Gaming Stacks Bets on Web Poker as Macau Soars

Gambling revenue in Macau, the only place where gambling is legal in China, surged by 25% last month from a year earlier as players continued to play despite renewed economic concerns.

The territory continues to stomp on Nevada gambling, which it first surpassed by revenue in 2006. Today, sales there more than triple those in Las Vegas. It appears Sin City may never be able to catch up to the tiny Chinese territory, which is less than 12 square miles and makes enough money to surpass all gaming revenues in the entire U.S.However, a new ruling by the U.S. Department of Justice that allows individual states to legalize online betting for casino games such as poker, may help propel Sin City’s sales and help give a boost to the overall U.S. gambling industry.“The United States Department of Justice has given the online gaming community a big, big present, made public two days before Christmas,” gambling expert Nelson Rose wrote last week in his blog Gambling and the Law.Las Vegas casinos mo...

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  1. Hyundai to Guarantee Trade-in Value of New Cars

    FBN's Robert Gray on Hyundai announcing next month it will begin guaranteeing the trade-in values of new cars.

  2. AMR Reports Narrower First-Quarter Loss

    FBN\'s Robert Gray on American Airlines parent company's earnings and outlook.

  3. Two Online Poker Sites Restored to Facilitate Refunds

    FBN's Sandra Smith on online poker players being able to get refunds from two of the sites shut down last week, and a market update.

  4. U.S. Paves Way for PokerStars, Full Tilt to Refund Players

    Poker players with money stuck in two of the three online poker companies shut down by the government last week can breathe a bit easier after the U.S. announced a d...

  5. Defendant pleads not guilty in US online poker case

    By Jonathan StempelNEW YORK (Reuters) - An Illinois man pleaded not guilty on Monday to charges he helped three popular online poker websites trick banks into illega...

  6. Online Gaming May Be Legalized Again

    FBN's Adam Shapiro on a government push to shut down online gambling sites and Congress' consideration of a bill to make it legal.

  7. Ex-Baseball Star Lenny Dykstra Charged With Bankruptcy Fraud

    FBN's Robert Gray on retired baseball player Lenny Dykstra being charged with bankruptcy fraud .

  8. Poker Companies in Hot Water

    FBN's Robert Gray on the indictment against the founders of the three largest online poker companies and a market update.

  9. Feds Go 'All In' Against Online Poker Sites

    In a dramatic move sure to send shockwaves through the surging Internet poker world, U.S. officials shut down and seized the domain names for the three largest U.S. ...

  10. From Boardroom to Poker Table

    World Series of Poker Finalist Steve Begleiter on how he transitioned from Corporate America to poker.

  11. Feds Freeze $34M From Online Poker Accounts

    FBN's Chris Cotter on federal agents seizing bank accounts from online poker players in an effort to crackdown on Internet gambling.

  1. Gaming Industry Betting on States to Regulate Online Poker

    The casino industry is reportedly pushing Congress to ignore proposals seeking to regulate the online poker industry and instead pass new legislation that would let ...

  2. Stocks Ending 3Q on Weak Note

    FBN's Robert Gray on stocks ending a gloomy third-quarter on a weak note, plus data on U.S. income falling.

  3. Online Poker Scam Leaves Players Out Millions

    Professional poker player Tom Dwan discusses how the scam at Full Tilt Poker has impacted the game.

  4. Solyndra CEO, CFO to Invoke 5th Amendment Rights

    FBN’s Ashley Webster on reports the CEO and CFO of Solyndra will invoke their fifth amendment rights at a Congressional hearing Friday.

  5. Feds: Full Tilt Poker a Giant 'Ponzi Scheme'

    Federal prosecutors said Tuesday that a popular online poker site already accused of money laundering and bank fraud operated essentially as a giant Ponzi scheme.Ful...

  6. Full Tilt Poker Owner in Deal With European Investors: Report

    Full Tilt Poker owner Pocket Kings is being purchased by a group of European investors for an undisclosed amount that may cover a large part of the $150 million owed...

  7. Antigua Says U.S. Online Poker Shutdown Was Illegal

    The United States violated global trade law by shutting down Internet gambling sites based in Antigua and elsewhere and prosecuting their owners, according to Antigu...

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