Friday, 21 September 2012
Bluefire Poker was thought by many as the “Phil Galfond Training Site” so it came as something as a surprise when the high stakes legend resigned from the company late last year.
“It’s very hard to walk away from something I helped build from the ground up, but the most difficult aspect of this is the fact that I’ll miss the community… the members and my fellow coaches,” Galfond wrote at the time in a somewhat cryptic post on Two Plus Two. “Please know that it was a very difficult decision that I struggled with for a long, long time. I'm sorry that I can't elaborate further.” It has now become somewhat clearer as to why Galfond did walk away. The online pro has sued his former business partner William F. Murphy, claiming that he has failed to pay him his share of profits from the business. According to Courthouse News Service, Galfond claims that “he was to receive one-third of the profits from the site an ownership interest of up to 38.33 percent after vesting.” Galfond says that he was paid more than $179,000 for the first year, and more than $238,000 for the second but nothing for his third. He also claims that he was given no accounting records, financial statements or tax returns.The 27-year-old is seeking damages for breach of contract."Blue Fire has been immensely successful, having thousands of members who pay an initial enrollment fee of $100 in addition to a subscription fee of $30 per month," the complaint states. "Upon information and belief, the defendant Murphy has misappropriated and converted to his own use and possession the assets of MGH."
Christmas is just around the corner and Juicy Stakes and Intertops Poker are getting into the holiday spirit by offering online poker players the chance to double one re-load deposit up to $100.
Juicy Stakes has announced the launch of a series of daily freeroll online poker tournaments that will award players with spots into special weekly games featuring prize pools of up to $300.
Four online poker players that won prize packages into the $2,400 main event of the PPC Aruba World Championship 2016 courtesy of Intertops Poker and Juicy Stakes are on their way to the Caribbean this weekend and will be joined by vlogger ‘TheTrooper97’.
Americas Cardroom has released its fifth and final sponsored video chronicling the action from the Punta Cana Poker Classic 2016, which ended on Sunday with Latvian player Eduards Kudrjavcevs taking the main event title and its $143,675 first-place prize.
Intertops Poker and Juicy Stakes.
Win $300 prize pool tournament seats.
Juicy Stakes and Intertops Poker.
Americas Cardroom releases final video.
Poker’s unassuming killer steps back into the limelight.
Meet one of UK poker's rising stars.
We talk to WSOP bracelet winner.
By Paul Oresteen.
Just keep smiling...
By Adam Slutsky
Pushing the envelope for a new poker generation.
Jeff KImber on fish.
So says Dara O'Kearney.
Dara O'Kearney looks at game thoery.
Dara O'K on bounty tournaments.
Rob Yong calls for competition.
A critical eye on the poker world.
Nick Wealthall on unconscious decision making.
Structure changes don't suit recreationals.
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