Ray Bitar was forced to surrender $40 million after pleading guilty to charges related to his time as CEO at Full Tilt, but avoided a harsh prison sentence.
Poker pro Allen Cunningham says that former Full Tilt CEO Ray Bitar is struggling with health issues and hasn’t been living the life that real-money-casino.club is high all since his sentencing this past year, despite what some poker fans may think. Those comments came in the middle of a TwoPlusTwo.com forums thread discussing the important points of the assets that Bitar was forced to forfeit as a part of his punishment for crimes related to his time as mind of the infamous poker site.
‘According to my sources Ray Bitar is unlikely to live no more than a couple years and it is nearly penniless,’ Cunningham published in a reply to the ‘conspiracy theorists’ who advised that Bitar faked his heart related illnesses to get a more lenient deal last 12 months. ‘He did not break free with anything. That should be worth more than a nvger that is random gossip as I was member of team full tilt.’ [sic]
Guilty of Complete Tilt Charges
Bitar had been sentenced last April to time served after pleading guilty to fees of illegal Internet gambling and conspiracy to commit bank fraud and wire fraud. That sentence also included the forfeiture of $40 million in assets that had been derived from his work at Full Tilt. At that time, Judge Loretta A. Preska noted that Bitar would have faced jail time too that he needed an urgent heart transplant to deal with a serious medical condition if it hadn’t been for the fact.
Despite Cunningham’s words, nonetheless, posters continued to concern whether Bitar had really been punished harshly sufficient for their crimes at Full Tilt, which included suggesting to players that their funds had been protected in segregated accounts, despite this clearly not having been the situation. That led to more messages from Cunningham, who felt that the reality was far not the same as what most posters imagined.
‘Sorry, I didn’t understand the thread ended up being just about baseless speculation,’ he wrote. ‘ I just saw ten posts contradicting what I had heard from some social people close to Bitar so we thought some one might prefer to know.’
Adequate Karmic Punishment, Cunningham Says
While some for the other posters within the thread didn’t think that a previous Full Tilt pro was in the position that is best to be convincing them that Bitar was worthy of sympathy, Cunningham made it clear that he felt that the increased loss of Bitar’s wide range and his failing health was ample punishment for his crimes.
‘we feel like this’s maybe not getting away with it in a way that is karmic least. And especially in comparison to the conjecture at the start of the thread that he had concealed accounts and faked the heart problem,’ Cunningham wrote. ‘Some people still haven’t gotten paid also it’s mostly Ray Bitar’s fault, but he isn’t benefitting from it.’
The statements came in the wake of newly released information about the $40 million in assets forfeited by Bitar as a part of his phrase. As a whole, cash was seized from 18 various bank accounts at eight various banks, including five reports at the financial institution of Valletta in Malta. Four homes were also surrendered, along with several commercial properties. Bitar was additionally forced to provide his stakes up in over 30 different corporate entities, including 23 that were associated with Full Tilt.
New Jersey Sports Betting Gets Injunction from Judge
New Jersey State Senator Ray Lesniak thinks that recreations betting will fundamentally prevail into the court battle over its legality. (Image: Chris Pedota/northjersey.com)
Nj-new Jersey sports betting was expected to begin this past Sunday, but an injunction given by a federal judge place a stop to those plans before the first bets might be taken. Judge Michael Shipp granted that injunction on Friday, following the four major recreations leagues and the NCAA requested a block that is temporary betting until their lawsuit to end New Jersey recreations wagering entirely could be heard.
The injunction came just an after governor chris christie signed a bill that partially repealed new jersey’s ban on sports betting, allowing the practice to take place at casinos and racetracks week.
Christie and state legislators wish that by allowing sports gambling without explicitly regulating it, they can skirt around past rulings that found that their state’s sports betting aspirations could have violated the Professional and Amateur Sports Protection Act (PASPA).
Judge Sees Irreparable Damage
In his ruling, Judge Shipp discovered that the sport leagues would have suffered irreparable damage if sports betting were to be permitted at Monmouth Racetrack weekend that is last.
‘ More legal gambling leads to more total gambling, which often leads to an elevated incentive to repair plaintiffs’ matches,’ Judge Shipp penned in his opinion. He also noted that the temporary restraining order would make certain that the problem was determined in court.
Nj-new jersey officials are making it clear that they will stay fighting this battle into the courts, however, and they anticipate that they will eventually prevail.
‘This is an order that is temporary the core dilemmas surrounding sports wagering in New Jersey are fully considered by the court,’ said Michael Drewniak, a spokesperson for Governor Christie.
Lesniak Says State Will Continue to Fight
State Senator Raymond Lesniak (D-Union County), who’s been among the leading sounds behind sports betting in the state, indicated his frustration in the judge’s ruling. Lesniak pointed away that it’s hard to believe that the NFL might have experienced harm that is irreparable brand New Jersey was allowed to offer activities wagering while they also held a game title in London, England this past Sunday, a location where sports betting is perfectly legal.
‘The judge bought it,’ Lesniak said. ‘That’s why I’m not optimistic about the judge fundamentally ruling in our benefit. I wish we had a judge…but that is different’s the judge.’
Lesniak and other people think that a likely path for the situation will see Shipp ultimately rule against New Jersey in case. But, the state would then appeal to the Third Circuit, where Lesniak says he could be ‘very confident’ that hawaii can win.
For the time being, Lesniak says he is not sure that the injunction completely stops sports betting into the state. While it would prevent venues in brand New Jersey from offering bets on NFL, MLB, NBA and NHL games, as well as university activities, it’s possible that casinos and racetracks could offer wagering on still golf, tennis, and other activities. Perhaps most lucratively of all, they may manage to let customers place wagers on soccer matches around the world.
‘we believe betting on soccer will be a big attraction for New Jersey,’ stated Lesniak. ‘Can you imagine Portugal playing Spain, what a big attraction that would be?’
Lesniak as well as other supporters are hoping that sports betting may help revitalize the struggling Atlantic City gambling enterprises by permitting them to offer the same selection of gambling options seen in Las Vegas.
Paul Phua Sports Betting FBI Bust Tactics Had Been Illegal, Says Counsel
Paul Phua’s alleged illegal sports ring that is betting Caesars might have been busted by unlawful FBI tactics, their defense team claims. (Image: pokertube.com)
The defense in the Paul Phua unlawful sports betting instance have motioned to have proof dismissed, saying it had been gathered illegally by the FBI. Phua, A malaysian poker player well-known regarding the high-stakes circuit, was arrested in June, along with seven males and one woman who are accused of operating an illegal World Cup recreations betting operation out of three luxury rooms at Caesars Palace in Las Vegas.
The defense claims that the FBI acted in an improper way by first switching off the Internet to the rooms and then posing as repair technicians in order to get inside and collect proof into the situation which fundamentally led to the arrests.
No Search Warrant
According to US law, authorities must either have a search warrant or suspects must waive their constitutional protections against unreasonable queries. Evidence which is deemed to have been collected improperly shouldn’t be submitted at trial.
Defense lawyers said that the FBI orchestrated the undercover operation contrary to the advice of assistant US Attorney Kimberley Frayn, who apparently told them it was a ‘consent issue,’ in accordance with a conversation recorded by a detective for Caesars.
Court papers show staff at Caesars becoming suspicious summer that is last whenever Phua, or one of their associates, asked them to install an unusually wide range of technical gear in the suites, and asked for additional bandwidth over the top the standard WiFi access. Employees additionally observed computer monitors that appeared to be showing likelihood of World Cup matches, while large TV displays were tuned directly into World Cup soccer games.
Caesars tipped off the FBI, which then monitored activity in the suites through the month. Phua and his cronies were raided on 9, with gambling records, computer equipment, and other evidence seized july. The Gambling Control Board described the scene at the suites as being a form of ‘high-tech wire room,’ where illegal World Cup bets were being checked by computers remotely connected to others computers overseas. All eight defendants have been faced with at minimum one count of the illegal transmission of wagering information and of operating a gambling business that is illegal.
But set up tactics utilized by the FBI will hold up at trial is controversial to state the least. ‘They were everything that is trying could to get inside without a warrant,’ said Phua team defense lawyer Thomas Goldstein.
Previous federal prosecutor Mark Rasch told the Associated Press that the movie evidence taken by the FBI during the ploy could possibly have to be dismissed. ‘Police are permitted to use a kind that is certain of, but what they can not do is create a certain type of circumstance,’ he said.
Ivey and Robl Had Posted Bail
Phua, who the FBI claims has links to Chinese organized crime, had bail set at $2 million following his arrest, while a $48 million jet that is private held as collateral. Bail was paid by other poker pros Phil Ivey and Andrew Robl, that have spoken away in defense of their friend.
Natalie Collins, a spokesperson for the US Attorney’s Office, stated that prosecutors had been made aware of the protection’s complaint, but declined to comment prior to the trial that is pending.
The truth is certainly one of several that have appeared over the previous month that have raised doubts over FBI evidence gathering methods. In one such situation, the FBI sent a fake news story of a bomb threat to a suspect in order to get him to click a link, thus revealing their location to then. The Associated Press, to whom the story had been attributed, complained that the strategy was ‘unacceptable’ and that it undermined its credibility.