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Antonio Esfandiari is now in top position for all-time tournament winnings his live tournament winnings total more than $22,800,000. Esfandiari tweeted “This prize is MINE.” and posted a picture of the first place prize money.
Esfandiari now sits in first place on the poker all time money list as the most profitable poker player of all time, Phil Hellmuth also achieved his biggest cash of more than $2.6 million for his 4th place finish.
In an email Ray Bitar sent out to his Dublin staff he revealed that the “deal with PokerStars will very soon make our goal a reality” in repaying players and “PokerStars to guarantee all July salaries” for his staff.
According to the Associated Press the US Gov were working in conjunction with the the Irish authorities to have Ray Bitar extradited. Bitar could be sentenced up to 145 years in prison for charges of fraud.
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The European Union (EU) Parliament Event held on 27 June 2012 in Brussels; saw Michel Barnier Member of the European Commission responsible for Internal Market and Services Online Betting and Gambling in Europe speaking about “How to Regulate Betting and Gambling in Europe – Track record and future perspectives”
Michel Barnier’s speech mentioned that a common European base of principles and measures of protection for players should be in place and enforced by the commission with action to be taken against Member States who violate EU gambling regulation by reopening pending infringements and reopening complaints that have already been closed to those member states that violate the law, the EU Commission is set to propose several European policy initiatives regarding gambling in September.
The speech seems to outline a draft template for future gambling law that will be enforced by the EU commission that member states will be obliged to uphold, which would go a long way in combating any protectionist member states that could be opposed to regulation or protecting their own interests.
