Tuesday, 10 July 2012
Full Tilt Poker CEO Ray Bitar has been freed on bail. The 40-year-old from California agreed to post $2 million in property to ensure he returns to U.S. District Court in Manhattan.
US authorities had rebuffed Bitar's first bid for bail on Friday, arguing that he was a flight risk. The US Attorney's Office agreed yesterday to an “enhanced” bail package that sees Bitar post a $2.5m bond, surrender his passport and refrain from travelling anywhere apart from New York and California and to submit to in-home electronic monitoring.Bitar was arrested at New York's JFK Airport a week ago and later pleaded not guilty to federal charges at a hearing in Manhattan. He faces a maximum of 145 years in prison if convicted on all nine counts.Keep up to date with all the news from the poker world by following us on Twitter and Facebook.
The sixth annual edition of Grosvenor Casinos’ Goliath tournament series may have begun last week but players are being advised that there is still time to qualify for seats into its prestigious £120 buy-in main event.
Land-based and online gaming products innovator Scientific Games Corporation is set to run its second annual Shuffle Master Classic event next month offering one lucky poker player the chance to walk away with $100,000 in cash.
Land-based casino operator Estoril Sol has been awarded the first online gaming license for Portugal and has teamed up with platform provider Gaming1 to launch the new EstorilSolCasinos.pt domain.
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