PTP Hit and Run: August 19th, 2010

Michael Jones : August 19th, 2010
PTP-Hit-and-Run

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PokerStars and Full Tilt operating “illegally”? And big names are playing in Cyprus. It’s all in today’s PTP Hit and Run.

PS and FTP “illegal”?: Poker behemoths PokerStars and Full Tilt Poker are “operating illegally,” if you believe Bwin CEO Norbert Teufelberger, who said as much in an interview. Here’s some of what he said (on why they are the biggest online poker rooms): “It’s not because they have premier marketing skills or premier technology, what they have is hundreds of millions of dollars from what we see as an illegal market. We would expect that once the US regulates, these two companies will not have access to the market, and once that happens we’ll then see who the leader will be. They say they’re not operating illegally but I think they are.”

I raise: Want to learn how to three-bet better? Get some poker strategy free from Adam ‘ROothlus’ Levy and Darryll Fish:

Legends of Poker: The World Poker Tour event at the Bicycle in L.A. is set to start tomorrow. Read more about the tournament here. It’s a $5K event that runs through Wednesday.

The lowdown from the PPA: The Poker Players Alliance, a lobbying group in the United States, issued its monthly newsletter, which you can check out here. Not much new…it talks about H.R. 2267, the bill that would regulate and legalize online poker in the United States. It kind of oversells what’s happened, seeing as it has only gotten through a committee vote. But they’re understandably excited.

Ballers in Cyprus: This Full Tilt Poker live event in Cyprus (an island nation in the Mediterranean Sea) is apparently a big deal. Lots of big names are there. You can catch up with a few of them below. First, Sorel Mizzi:

And here’s David Benyamine:

TWIP trip: If you missed yesterday’s episode of “This Week in Poker” courtesy of wickedchopspoker.com, you’re in luck. You can watch it below. Prahlad Friedman is the featured guest.

Now that’s gambling: If you’re going to gamble it up, do it big, right? One business man did earlier this year, losing $19 million in a gambling spree in Singapore. Read more here. Apparently he’s trying to get out of some of the debt. Good luck with that.

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