January 19, 2006
In fact, in response to Negreanu's texas holdem challenge, Sklansky stated that he felt Daniel's poker edge was probably 6-5, and wouldn't take the offer, which many in the texas holdem poker world took to be less than courageous. I suppose a person with an ego bigger than their brain would jump at the challenge, but those who laughed at David for not accepting the texas holdem bet just don't seem to understand what Sklansky has spent his entire adult life trying to teach us: Bet your money when you have the edge and you'll enjoy life by always "Getting the Best of It" playing texas holdem online poker.
The U.S. Securities Exchange Commission investigators are looking into a group that included texas holdem poker legend Doyle Brunson's unsolicited buyout offer for WPT Enterprises, Inc. have tipped their texas holdem hands and look as though they are pursuing the case with full vigor. Subpoenas were issued in the case, and now the SEC has filed an action seeking enforcement of those subpoenas. Initially, when the subpoenas were issued, the Brunson team alleged they would not have to offer up key internal texas holdem documents under the banner of attorney/client privilege. Friday's ruling essentially cleared the way for a hearing on the matter, though the court where the texas holdem poker action was filed has not set a hearing date yet.
In case you missed the news when the story broke back in July, Brunson's offer was made public and the stock sky-rocketed 50 percent in less than a day. World Poker Tour Enterprises (WPTE) stock hit a record-high of $29.50 per share that day, but now hovers at $6.14 per share on the Nasdaq. legislator's push to legalize Internet texas holdem poker sites is drawing major attention from the offshore Internet texas holdem poker industry, prompting industry leaders to plan visits to the state. Rep. Jim Kasper, R-Fargo, is trying to line up Mike Sexton, host of the World Poker Tour, former winners of the tour and CEOs of the some of the world's largest Internet poker texas holdem sites. Kevin Smith, a researcher for a company that promotes the Internet poker industry, said the industry is watching closely what is happening in North Dakota.
Smith is a researcher for St. Charles., Mo. based River City Group, which organizes texas holdem poker trade shows and conferences for Internet texas holdem poker companies. Kasper is planning a three-day schedule beginning March 13 in which industry officials and others will meet legislators, testify in committee and hold a reception that will include games of Texas Holdem. Kasper has introduced two pieces of legislation that would allow companies to set up Internet poker sites in North Dakota. The companies would be regulated and taxed by the texas holdem state.
House Bill 1509, which passed the House last week by a vote of 49-43, sets up the guidelines for the texas holdem sites. That bill will have to be voted on in the Senate before it can be signed into law. Matt and Ryan Nadeau took their complaints about the University of Utah to media Wednesday in a news conference about their lawsuit against the university. They charged university administrators gave them little notice when they canceled an alleged agreement to hold a Texas HoldEm style tournament at the student union Tuesday and Wednesday. University of Utah administrators said they canceled near to the texas holdem poker tournament's start date because that's when they found out about it.