This year in Online Poker January 2008
January of 2008 was a fair precursor for what the year would bring. Capturing over the first million dollar title of the years Alexander Kostritsyn defeated Erik Seidel at the Aussie Millions. Here are some of the most important stories from the first month of 2008:
Alexander Kostritsyn Captures 2008 Aussie Millions Main Event
Annually the largest poker gathering in the southern hemisphere is the Aussie millions, with the winner of the AUD $10,000+500 main event instantly joining pokers upper echelon of poker pro players. In the year 2008 that honor went to Russia’s Alexander Kostritsyn, who broke into a grin after achieving his victory over American star Erik Seidel for the title.
Harrah’s Sale Completed
Harrah’s, a gargantuan charisma in America’s brick-and-mortar casino and amusement industry. The buy out that was initially going to be negotiated in December of 2006, wasn’t finalized until January 28th, 2008 due to authoritarian requirements. When 2008 brought a financial-markets crisis, the configuration of the buyout became difficult to manage.
Antigua, Costa Rica File for WTO Arbitration
The World Trade Organization had an ongoing heated discussion about the United States and the rest of the world regarding online gambling .The disagreements finally seized after the WTO issued a final declaration in favor of Antigua & Barbuda, giving way an annual $21 million trade judgment in the process.
Kahnawake Releases Final Audit on Absolute Poker Scandal
The Kahnawake Gaming Commission, stationed near Montreal. In 2008 the gaming commission issued its official final evaluation on the Absolute Poker situation. Keeping the name of the principle cheater involved confidential, the existence of the seven different accounts used for the theft was established, and announced a $500,000 penalty placed on Absolute Poker. Thus refunding the online poker players with $1.6 million after the thefts were uncovered.
Bart Tichelman Wins WSOP-Circuit Tunica Ring
From offering several stars to the unknowns the World Series of poker this time has run a different array of tables. With a final that offered reigning WSOP Player of the Year Tom “Donkey Bomber” Schneider including the noted tourney-circuit veterans as Ryan Young, Jordan Rich and Mark Garner .Even thought with all the shimmering champions present it was Atlanta’s Bart Tichelman who overcame an early short stack and surged to the win, worth $482,210
European Union Investigates Germany, Sweden
In regards to online gambling Sweden and Germany are among the dozen or so EU member countries which come under the trading bloc’s guidelines in regards to online gambling. In both cases, the countries had sought to shield lucrative state-run gambling monopolies by efficiently excluding private contests, a practice not allowed under EU trade rules. Continuing with the negotiations the industry awaits to see the future Europe has to offer with regard to online gambling.

