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 Hard nosed Hollywood investors are likely to want to see big profits from Runner Runner before investing in a Rounders sequel.

Speculation that “Runner Runner” has renewed interest by Hollywood insiders in a sequel to the 1998 film “Rounders” has started, as the first week of the Justin Timberlake/Ben Affleck poker movie takes in $30m at the box office.
In an interview with PokerNews, the writers, David Levien and Brian Koppelman, who also wrote Rounders, and Ocean’s 13 said: “We [...] have the story for “Rounders II” worked out, and all the actors and the director of the first film are ready to come do it. It’s a matter of the companies who control the rights getting behind it and allowing it to happen.”
Hollywood is nothing if not consistent on repeating profitable themes so prospects for Rounders 2 might well depend on how profitable Runner Runner is at the box office. If Runner Runner does badly, the chances of a Rounders sequel could fade.
Though it later became a cult classic that went on to gross $70m from its DVD distribution, Rounders itself was not a great success at the ticket window. However, the film that cost $12m to produce did at least make a profit. Its first weekend receipts of nearly $8.5m outperformed the $7.7m for Runner Runner collected in its opening weekend the US.
Its weak opening performance at the box office coupled with its $30m price tag leaves Runner Runner well short of the necessary earnings to impress cynical Hollywood investors.
Reviews from moviegoers and critics aren’t helping. Movie rating site Rotten Tomatoes states: “It has an impressive cast and an intriguing premise, but Runner Runner wastes them on a bland, haphazardly assembled thriller with very little payoff.” Only 8% of the site’s approved critics gave the film a positive review.
To raise the money for a new version of Rounders, the writers will need a solid sales pitch. The pitch for the Sigourney Weaver blockbuster, “Alien” was famously short: “It’s Jaws … in space.” If Runner Runner fails to make big investment returns, similar lines won’t come off as convincingly, and, “it’s Casino Royale, without Bond” probably won’t swing the deal.
Rounders, along with Chris MoneyMaker’s WSOP Main Event win in 2003, were contributing factors in the creation of the US poker boom; since that boom has faded, poker operators have been dreaming of some equivalent event which could give the market a boost.

 Greg Raymer first hit headlines when he took out the 2004 World Series of Poker (WSOP) Main Event, winning his first (and currently only) WSOP gold bracelet and a whopping $5 million in the process.

That victory helped cement Raymer’s status as one of the top poker players on the planet and he has gone on to claim 19 WSOP in-the-money finishes, along with two WPT and NAPT cashes. All of those achievements have contributed to well over $7 million in live tournament poker winnings for the American.
However, Raymer made headlines for the wrong reasons back in March when he was charged along with five other people with soliciting a female prostitute and attempted crimes against nature. The incident occurred as part of an undercover police operation in the US city of Wake Forest, which is located in the state of North Carolina.
Raymer was released on bond soon after being charged and has remained active on the felt, and even finished in 11th place in the $2,500 10 Game Mix event at this year's WSOP.
Now it has been reported by the tabloid news website TMZ that those charges against Raymer have been dismissed after he completed 75 hours of community service at a non-profit organisation and underwent a mental health assessment.
The dismissal of the charges is likely to come as good news to the player known as the ‘Fossilman.’ It means that he is able to avoid any potential embarrassment brought about by further legal proceedings and can continue to be better known for his high level poker play and nothing else.
Raymer has so far remained tight-lipped about the latest news and appears to be more focused on winning the Heartland Poker Tour (HPT) Florida Main Event in which he is currently playing. The 48-year-old has made it to Day 2 of the three-day event, although he will start the day as a short stack with just 30,900 chips to his name.
The end of the embarrassing incident is highly likely to be a sigh of relief for Raymer, as it would be for the overwhelming majority of people. However, it was a bit different for the Fossilman given his relative fame in the poker world, which led to increased focus and scrutiny with regard to his legal infractions.
However, that mini-chapter now appears to be officially over and hopefully we can get back to reporting about Raymer’s stellar performances at the poker table.

 On the heels of last week’s announcements of additions to the Party Poker Premiere League VII roster, today the poker pro packed tournament confirmed that Vanessa Selbst will be playing when Premier League VII gets underway.

Selbst, who recently took down the UKIPT £2000 High Roller Event, is set to join Tony G, Antonio Esfandiari, Phil Laak and Jeff Gross at the Playground Poker Club in Montreal on November 20.
”I had so much fun playing the Premier League in 2011 – it’s such a fun, innovative, and mentally-challenging structure. I’m excited it has come to North America and thrilled to be able to play it again, especially in a new short-handed format.” Selbst is quoted as saying on the Party Poker blog.
The 12 player televised tournament features a $125k buyin and typically features some of the biggest names in the game. Selbst—a 2-time WSOP bracelet winner—is joining the broadcast in the midst of a heater as, in addition to her UKIPT victory, she took 2nd last month at the World Poker Tour Borgata Poker Open extending her lead as the #1 earner on the Women’s All Time Money list, having just eclipsed the $8m mark.

 First casino given the go-ahead for a November real-money gaming launch.

The New Jersey Division of Gaming Enforcement (DGE) has issued its first permit to allow a casino to proceed with online gambling.
The ceremonial permit was issued by DGE Director David Rebuck (pictured on the left) to Borgata President and Chief Operating Officer Tom Ballance (pictured on the right). The Borgata was the first casino to submit a completed application, according to the DGE.
MGM and Boyd Gaming, owners of the Borgata, struck a deal with bwin.party to provide the online gaming platform for their US properties. The PartyPoker operator told investors back in July that it would be ready for a November launch.
“We are honored to receive New Jersey’s first Internet Gaming Permit,” said Ballance. “Borgata and bwin.party are aggressively pursuing our objective of being among the first to launch online gaming in the state.
However there has been no word that bwin.party has also been approved.
There was some concern the synchronised go-live would be pushed back. Last month, the regulator warned New Jersey casinos that their inability to file applications with all the required documentation could delay proceedings.
However, just last week the DGE confirmed that the launch of the internet gambling program was proceeding as planned, and that online casinos were expected to go live on November 21 with a 5-day soft launch trial period for invited players, prior to opening up the program to all players within the state borders on November 26.
All twelve casinos in Atlantic City have applied for online gaming licenses, and ten are known to have formed partnerships with online gaming firms, with the likes of PokerStars, Amaya, 888 Holdings awaiting approval.
 

 Full Tilt Poker announced the creation of “Full Tilt Poker Pro Battle“, a new television show which gives online qualifiers from the Commonwealth of Independent States and the Baltics the opportunity to go heads up against FTP Professional Gus Hansen.

Qualifiers will battle against professional poker players including Team PokerStars Pros Alexander Kravchenko, Ivan Demidov, Maksin Lykon and Eugene Katchalov for a total prize pool of $150,000.
Full Tilt will be awarding 12 prize packages worth over $3,000 to bring players on set in Kiev, where the show will be shot.
The overall winner of the season will nab $35k for first place and then find themselves across the felt from Hansen in a $100,000 heads up showdown.
“We love finding more ways to bring poker to the masses,” Sarne Lightman, FTP’s Head of Marketing notes, “and the Full Tilt Poker Pro Battle does just that.”
Online qualifiers from the CIS/Baltic region can satellite or buy directly into one of 11 qualifying tournaments from October 13 through November 16. Players can also qualify through a series of freerolls for the 12th prize package. Both the last qualifier and the grand final freeroll are on Nov 16.

 The New Jersey DGE has rejected a request from PokerStars’ parent Rational Group to allow player to player transfers.

In response to feedback and suggestions received during the public comment period of its online regulation development process, the New Jersey Division of Gaming Enforcement (DGE) has rejected a call by Rational Group to permit player to player (P2P) money transfers.
P2P transfers are useful for staking arrangements, as well as simply sending money to friends and settling prop bets. They are a common feature in major dot-com poker rooms.
The DGE rejected the proposal giving fraud prevention, collusion and money laundering as its reasons (see page 42 of the draft.)
The grounds for the rejection sound plausible, but the facts may not be quite as clear as regulators suggest. A recent, and unique study by Austrian company TÜV Trust IT GmbH into money laundering risks in online poker suggests that policymakers have exaggerated the risks of money laundering.
Online poker is an expensive and unattractive media for money laundering, the report concludes, quoting British Member of the European Parliament and online gambling rapporteur Ashley Fox’s explanation: “online games of chance are a cashless service and that the 'electronic fingerprint’ makes it easy to track the activities of players and providers.”
Despite this, barring player-to-player transfer functionality is common under state regulation. It is not permitted in Spain, Italy or France, nor is it allowed in Nevada.
State regulated online poker in New Jersey is planned to start at 9am on November 26, 2013.

 The film about online poker is set to premiere on DirecTV Thursday October 10 at 8:00PM EDT.

When Chris Moneymaker took the title of World Series of Poker Main Event Champion back in 2003, the modern era of poker began. Affectionately called the “Moneymaker Effect” by players and the poker industry alike, the sight of an everyman winning millions, simply by qualifying online, opened the floodgates for hundreds of thousands to try their hand at not just poker, but online poker.
In the new documentary “Drawing Dead: The Highs & Lows of Online Poker,” which is scheduled to make its debut on DirecTV Thursday night, first time filmmaker Mike Weeks looks to shine a light on the underside of the online poker boom.
As the television commercials from online sites bombard the public with tales of making it rich, “Drawing Dead” presents itself as the reality for many of those who take their shot and miss.
The film follows the poker trajectory of two subjects. The first is well known Team Online PokerStars Pro Dusty “Leatherass” Schmidt, a one time aspiring pro golfer sidelined early in his career by a heart attack. Schmidt turned to online poker as a way to pass the time at the suggestion of a friend and discovered he was good enough to climb the ranks and end up a millionaire.
We also follow Michael Korpi Jr., honor student and athlete who finds himself unable to control himself when it comes to playing online. He steals from friends, gets kicked out of school and watches his 4.0 GPA disintegrate to a 1.6, all while looking to hit big scores online and subsequently dusting it off in a matter of days.
While it may seem like “Drawing Dead” is going to be a balanced look at both extremes of online poker, this is a documentary with an agenda. With a distinct focus on problem gambling and exploitation by online sites, “Drawing Dead” casts a heavy-handed, dark cloud on the online poker industry.
The film does quite a few of things right, from the retelling of the history of the WSOP Main Event to the breakdown of Black Friday to interviews with experts about pathological gambling, there are plenty of interesting facts to be learned about poker and its link to problem gaming. The tale of Korpi Jr.'s trek from Seattle to Boston, by foot, is interesting and he is an affable character who you hope gets the help he needs to move on. But unfortunately, it is not enough to overcome the extremely biased viewpoint of the film which turns this from a documentary to a lecture.
Director Mike Weeks does some nice things in the movie—in particular animations throughout are adeptly used to help illustrate points—but he also narrates the film. He makes a number of claims and often interjects his opinion, essentially endowing himself as an expert, never really revealing his education on the subject save that he was once a fan of online poker.
His choice of words, for example as he calls Chris Moneymaker “chubby” and a “nobody,” drip with distain for the industry. His claim that “Most online poker players are engaged in some form of cheating” goes unproven except by his own admission that he was in fact a colluder and a cheater when he played. The story, and facts, are told through Weeks’ voice and his personal filter as opposed to letting experts do most of the talking for this film.
There were plenty of interviews in the film, which are the highlights. ESPN analyst Lon McEachern, WSOP Main Event champ Jaime Gold, Problem Gambling psychologist Dr. Henry Lesieu and Neurologist Dr. David Linden were just a few of the conversations which provides the bright points to the film. In between them though, as the stock footage rolled, it is Weeks who bridges the gaps in story and facts and, like a lover spurned, one sensed he is unable to contain his distaste for his former game of choice.
If you don’t know anything about online poker prior to watching this film, you would likely be swayed into wanting to keep online poker offline. If you are an online player or in the industry you would likely find the film to be closer to a morality play than a documentary.
In the end, the film would have been better served to have had experts, on both sides, do the talking both on problem gambling and the positives of online poker. Like online poker itself, “Drawing Dead” should be enjoyed with moderation.

 PokerStars, the world’s largest online poker site, announced today that for the first time the United Kingdom Ireland Poker Tour (UKIPT) would be making a stop at its corporate home on the Isle of Man. From October 30 through November 4, PokerStars will be hosting a poker festival that is capped off by a £1,100 buyin Main Event with a £500,000 guarantee.

In addition to a host of poker tournaments held at the Villa Marina, participants at the UKIPT Isle of Man stop will have the chance to go behind-the-scenes of the operations of the online giant. PokerStars is planning an Open House, providing guided tours of the PokerStars facilities in Onchan as well as tours of the PokerStars massive server facility where every online hand is dealt.
The poker festival, in addition to the Main Event, will have a variety of events including a charity poker tournament to raise money for local charities in need and a £2,200 High Roller event. Unique to this stop on the UKIPT is the ability for PokerStars employees to join in as they will be permitted to play any and all events on this stop, including the Main Event.
“PokerStars is very proud to bring a large-scale poker festival to our corporate hometown to allow poker players to learn about PokerStars and our home,” commented Kirsty Thompson, President of the UKIPT in the press release. “Being able to play, chat and compete with PokerStars employees at the tables will be an extra benefit as they visit the home of PokerStars.”
Finally, in addition to all the poker, PokerStars will also be hosting a job fair, showcasing all the opportunities for employment on the Isle of Man as well as other positions in the Rational Group's offices in Dublin and London.

 A couple of poker’s premiere players claimed victory in various side events during the European Poker Tour (EPT) festival currently taking place in London.

As Martin Finger was busy taking down the EPT Super High Roller and Robbie Bull was charging to victory in the UKIPT4 London Main Event, 13-time bracelet winner Phil Hellmuth and the top ranked female player in the world, Vanessa Selbst, were both busy taking the top prize in a pair of tournaments of their own.
Vanessa Selbst, who recently took 2nd in the World Poker Tour Borgata Open, bested the field of 176 runners in the UKIPT £2000 High Roller Event for £67,499 after making a heads-up deal with eventual runner up, poker professional Max Silver.
“I feel excellent. The final table was really tough. It doesn’t usually happen in this kind of tournament but when it got down to the last four or five players, they were all really good.” Selbst commented to PokerNews once it was all over.
Over in another side event, Phil Hellmuth “hopped into” the EPT £2000 Open Face Chinese Poker event along with 20 other players. In the end, it was fantasyland for the “Poker Brat” as he took first in the small field tourney for £15,800 on his way to his first ever cash in an EPT event.

 The combined cash game traffic of Ultimate Poker and WSOP.com, the first two online poker rooms in the newly regulated Nevada market, has reached a new peak, the latest traffic data reveals.

According to the latest numbers from PokerScout, the average number of concurrent players on the two sites for the last 7 days is 232 players. The previous peak was 227 players, soon after Ultimate Poker had launched.
Ultimate currently accounts for 65% of this traffic, and has maintained its lead over WSOP thanks to a traffic boost this month.
WSOP remains in the early rapid growth phase. Now past its soft launch and starting to aggressively market its online poker room, strong growth can be expected throughout the month.
Both sites have had teething problems. Not all version 2 software bugs have been ironed out at Ultimate Poker, and WSOP has suffered from geolocation technical difficulties and restricted deposit options. As the two companies see their technology and player offerings mature, the market should rise substantially.
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