Isai Scheinberg pleads guilty to 2011 Black Friday charges. Mike Postle files motion to dismiss in cheating case. Find these stories and more in the Wednesday Hit and Run.
PokerStars founder was indicted on April 15, 2011
On Wednesday, PokerStars founder and former executive Isai Scheinberg pled guilty to federal online gambling charges in New York stemming from the 2011 Black Friday indictments that effectively shut down the top four online poker rooms in the United States at the time, including PokerStars and Full Tilt.
In January, Scheinberg surrendered to federal officials after being extradited to Switzerland. As part of the charges, Scheinberg faces up to five years in prison for being the director of the company, but will likely serve less time. Now that Scheinberg has pleaded guilty, he is the last of the 11 defendants to face charges from the April 2011 indictments.
Since PokerStars’ departure from the United States in 2011, they have experienced a rebirth as a regulated online poker room under new ownership in New Jersey and Pennsylvania. PokerStars has also remained the number one online poker room for international players.
PokerStars founder pleads guilty https://t.co/mXjNRGS8QQ
— US Attorney SDNY (@SDNYnews) March 25, 2020
– Acting as his own attorney, Mike Postle has filed a motion to dismiss charges related to Stone Gambling Hall cheating allegations. In a twist to the case, an early copy — which some speculate came from Postle himself — was posted on the Rounder Life website with alternations from an official copy.
It is peculiar @RounderLife has obtained Postle's motion, filed "late this afternoon." Counsel were e-mailed copies earlier today; it has not been docketed, hence no clerical stamp appearing thereupon. I'll forbear from commenting on the motion itself. https://t.co/yJXd06ydcG
— Mac VerStandig (@mac_verstandig) March 25, 2020
– In the latest partypoker Powerfest news, “EmpireMaker” wins the No Limit Hold’em Super High Roller to take home a $128k first-place prize. Kristen Bicknell are Jordan Drummond were some of the more notable names to win big prizes at Powerfest events. Bicknell won $46k after her 4th place finish in the $500k Guaranteed 8-Max event while Drummond won $17k for his second-place finish in the $150k 6-max PKO event. Check out more of Tuesday’s results from the $20 million Powerfest, which runs until March 29th.
– partypoker is challenging poker players to take their game to the next level with a new service called MyGame. Currently in beta, the tool is being created to help players improve their poker skills with an interactive coach for Hold’em, Omaha and multi-table tournaments. Confused about how it works? Watch Jaime Staples goes over the makes of MyGame in a short video:
– Galfond Challenge Update: There were no hands played in the Galfond Challenge on Wednesday while Venividi takes a mental break after losing nearly $600k to Galfond over the last couple weeks. Action will resume on Wednesday at 11 AM ET. Poker fans can watch the Challenge resume via the Run It Once Poker Twitch channel.
– Wednesday’s featured poker training video is the conclusion of Colososs’ “How to Beat the Microstakes” series. In this episode, Colosos recaps the main topics discussed in the series and how players and put the theories into practice.
Best poker videos on the Internet
– Joey Ingram talks about Phil Galfond’s epic comeback in the Galfond Challenge against Venividi:
– In the latest episode of the Hero’s Journey from the Run It Once YouTube channel, Lee Davy sits down with Matt Berkey to discuss a variety of poker topics and his life:
– Jaime Staples presents Twitch highlights from a February 21st session where he makes the final table of the $320 Gladiator: