World P<span id="more-15009"></span>oker Tour Sold To Ourgame International

The WPT grew under, but was eventually a loss-making acquisition tool. New owner Ourgame wants the brand to help it to cultivate into a ‘global social gaming company.’

The planet Poker Tour was offered up to a Hong Kong-based social media games developer for $35 million in cash.

Owner confirmed the sale, to Ourgame International Holdings Ltd, early adding that the deal had no bearing on the acquisition talks surrounding the rest of its assets monday.

The WPT was a ‘non-core asset of the group,’ a company representative stated, emphasizing the sale that is recent of units, such as Win, the organization’s social gaming arm.

Bwin is currently in negotiations with 888 Holdings, which has provided an undisclosed cash and paper bid to get the business in its entirety, and Amaya Inc and GVC Holdings, which have actually proposed a €1.5 billion ($1.7 billion) joint bid that will essentially divvy up’s assets involving the two.

User Acquisition Tool

Ourgame, a company that is relatively unknown the English-speaking world, is detailed on the Hong Kong Stock Exchange and specializes in online multi-platform card-based social games for the Chinese and eastern Asian markets, where it offers 30 million active monthly users.

In 2014 its games brought in profits of $76.7 million, as well as in December that year Ourgame acquired the rights to use the WPT brand in 14 countries across East Asia, including China, Malaysia, Korea, Vietnam and the Philippines. The two companies cooperated on the corporation associated with the WPT China, late year that is last.

Under the terms associated with agreement, will continue to sponsor events in the tour in Europe and the united states until December 31, 2016.

The WPT was really a customer purchase tool for A year ago it yielded a reported total revenue of around $11.8 million, and a loss at the clean earnings, before interest, tax, depreciation and amortization, of $4.6 million

Because it acquired the WPT from creator Steve Lipscomb’s WPT Enterprises, for $12.3 million, has grown the tour from a set of 16 event that is main to more than 70 events across the world, with the addition of WPT Alpha8, WPT National and WPT DeepStack events.

Ourgame says that the acquisition helps it develop to into a worldwide social video gaming brand.

‘Over the past six years we have built WPT into a global franchise, with tournaments and television deals in lots of countries including Asia, where poker stays a favorite and growing sport,’ said Martin Weigold, main financial officer of ‘However, consistent with our strategy of divesting our non-core assets, we think that now may be the time that is right release that value for shareholders so that we can focus our efforts on our core real money video gaming and technology business.’

Bryan Micon Expected In Court On Thursday

Bryan Micon will return to Nevada to make a scheduled court date this Thursday. (Image:

Bryan Micon is coming back once again to America to handle the music about the charge filed against him by Nevada authorities.

According to court public records, Micon is anticipated to make a court appearance at A thursday hearing, and defense attorney david chesnoff has said he expects micon to be there for the court date.

Micon was the chairman of Seals with Clubs, A bitcoin-based online poker room that was turn off early in the day this 12 months after a February raid on Micon’s nevada residence.

That was one of a few events, including a variety of technical problems, which apparently led the Seals with Clubs management team to want to shut down store.

Raid Leads to Arrest Warrant

While Micon was released without the costs filed against him after the raid, authorities did seize some computers along with other equipment that is electronic belonged to him.

In April, Nevada officials issued an arrest warrant for Micon, alleging which he had operated an unlicensed gaming that is interactive in the state.

But by that point, Micon had taken refuge in Antigua with his family, having flown there right after the initial raid. Micon’s return for the court hearing appears to be the time that is first has stepped base in the united states of america since leaving several months ago.

Micon has since launched a brand new version associated with site, known as, which is also A bitcoin-only poker website.

A week ago, in front of the scheduled court appearance, a judge recalled Micon’s arrest warrant, which allowed him to travel that is freely to Nevada. Based on court documents, Micon will probably face a booking that is brief the Clark County Detention Center, but should then be released on his own recognizance.

Chesnoff Defends Another High Profile Client

In the event that title of Micon’s lawyer strikes you as familiar, it’s probably it frequently in gambling-related cases over the past year, as well as in stories about cases involving other celebrity clients because you have been seeing.

Chesnoff was a key person in the defense team that eventually got all charges dismissed against Paul Phua, the businessman that is malaysian high stakes poker player who had been accused of running an illegal World Cup sports betting band from a property at Caesars Palace.

In that full case, Chesnoff ended up being successful in having very nearly every one of the proof against Phua trashed of court because of FBI tactics that have been later deemed unconstitutional by a judge.

Chesnoff additionally represented Instagram superstar Dan Bilzerian after he had been faced with counts related to bomb-making following the detonation of a homemade explosive, spreading components of a tractor-trailer cab across public lands outside Las Vegas.

In that case, Bilzerian avoided more serious fees and instead entered a misdemeanor, which is why he paid a find and recorded a public solution statement for the Bureau of Land Management.

Micon may potentially face consequences more severe than either Phua or Bilzerian, making the stakes even higher for Chesnoff and his client that is latest.

If Micon is found guilty in the unlicensed interactive gaming console charge, he could potentially face as much as 10 years and jail and a $50,000 fine.

Bitcoin gambling sites have actually gained appeal in the past few years, as players can totally avoid traditional banking systems using the digital currency. This case marks the very first time that a poker site considering Bitcoin has been prosecuted in america.

New Documents Reveal Pete Rose Bet on Baseball as Player

Brand New papers reveal that Pete Rose gambled on the Reds while he had been still playing for the team. (Image: USATSI)

Pete Rose admitted over about ten years ago he had bet on baseball as the manager regarding the Cincinnati Reds, and that alone was more than enough for Major League Baseball to justify Rose that is keeping permanently to participate in baseball activities.

But Rose has always maintained, up through this year, he was a player that he never made such bets when.

Now it seems as though also Rose’s partial defense may have been a lie.

On Monday, ESPN’s Outside the Lines published pages they obtained from a notebook which was gathered as an ingredient of the raid on the house of Michael Bertolioni, a former associate of Rose’s, by the US Postal Inspection Service in October 1989.

Notebook Programs Wagers from 1986

Into the notebook, there are details of bets by Rose that occurred in 1986, the year that is final of playing job when he served as a player-manager for the team. The pages revealed by Outside the Lines cover betting activity that covers March through 1986 july.

Critically, the notebook will not show any evidence (or suggestion) that Rose ever bet against the Reds at any time. While not everything in the product is legible, the book does show that Rose bet on baseball on at minimum 1 month during that period.

On 21 of the days, there were bets by Rose on the Reds, including on at least some games that Rose played in himself. Rose also bet heavily on other sports, particularly on basketball.

Most of Rose’s bets were for $2,000, irrespective of the sports he had been betting on. His single biggest bet was a $5,500 bet in the Boston Celtics, one that he lost.

Dowd Finds Closure from Papers

The former federal prosecutor who headed up the Major League Baseball investigation into Rose’s betting and lent his name to the infamous Dowd Report that led to Rose’s ban from baseball, the new information served as a vindication of the work he did back in 1989 for John Dowd.

‘This does it,’ Dowd said. ‘ This closes the hinged door.’

The information in Bertolini’s notebook ended up being unknown until now because it comes from a research into mail fraud and had absolutely nothing to do with Rose or gambling as a whole.

Since then, the notebook happens to be under a seal that is court-ordered the newest York office of this nationwide Archives, and officials have declined to produce it publically.

Outside of the Lines had Dowd newly review the unveiled documents being a section of their story.

‘We knew that [Bertolini] recorded the bets, and himself, but we never had his records,’ Dowd said that he bet. ‘This is the final piece for the puzzle on a brand New York betting operation with arranged criminal activity. And, of course, [Rose] betting while he had been a player.’

New Info May Scuttle Reinstatement

The unveil is probable to be a setback that is major Rose, who recently requested reinstatement with brand new commissioner Rob Manfred.

However, Rose’s lawyer issued a statement stating that they might not comment on the developments that are new.

‘Since we submitted the application form earlier this year, we committed to MLB that we would not comment on specific matters relating to reinstatement,’ the statement read. ‘I need to maintain that. To be sure, I’m eager to sit down with Manfred to address my entire history—the good and the bad—and my long personal journey since baseball.’

Pete Rose played in the main leagues, primarily with the Reds, from 1963 to 1986, during which time he collected a record that is all-time of hits.

But in 1991, the Baseball Hall of Fame voted to exclude anyone on the ineligible list from being considered for addition, which includes kept Rose from being honored as you of baseball’s all-time greats.