Hit and Run: Somerville to Live Stream Deepstack Poker Tour; Online Poker in CA Update; EPT Payout Changes

California still a long shot to pass an online poker bill. EPT payout structure changes explained. Jason Somerville will live stream from Deepstacks Live Championship.  And more.

New bill but same results in California

California is back in the long shot category.

Changes to California’s online poker bill has brought about a slew of changes, where up is down and black is white, but what it hasn’t changed is the bill’s chances to pass.

The new suitability language may have gained the support of the Pechanga coalition, but at the same time it lost the support of the equally powerful PokerStars coalition, and it now appears that the bill’s chances of being brought up for a vote Monday (which seemed likely just a couple days ago) are slipping.

Quick Hitters

– In the throes of bankruptcy, every dollar suddenly counts for Caesars Entertainment. ¬†Which is why a recent settlement of a class action lawsuit brought by one of the company’s debt holders is a good sign, as the plaintiff has agreed to drop the suit and support the company’s chapter 11 restructuring in exchange for Caesars paying his legal fees and extra cash for certain unsecured bondholders.

– The PokerStars European Poker tour (EPT) has switched to a 20% payout structure, and suffice it to say, the professional poker community is none too pleased with this. The EPT’s Neil Johnson explained the motives behind the change to PokerNws.com.

– An article in the LA Times sheds some light on the incestuous nature of the political system. According to the Times, former US Representative Gary Condit’s firm is lobbying the California legislature for online poker on behalf of the Pechanga Band of Luiseno Indians. What makes the story more interesting than usual is Assemblyman Adam Gray (the author and champion of online poker efforts in California) is married to Condit’s daughter.

– Poker writer Jennifer Newell talked to two-time World Series of Poker bracelet winner Kristen Bicknell about poker, travelling and risks.

– After performing the same duties at the Aussie Millions, Jason Somerville will be live streaming the Deepstacks Poker Tour Championship in Calgary. Somerville will be on hand to live stream the 11-day tournament series that begins on the 25th of November, which immediately improves the exposure and entertainment value of the series.

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