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13 May 2005
Random Poker Notes
Yet
another top professional has gotten into trouble for wearing
an online poker room logo on television. The professional's
name: Afleet Alex. Alex is probably only about three or four
years old.
Alex is a horse. A very
good horse, who rode in this past weeks Kentucky Derby,
finishing third to long shot winner Giacomo. Jeremy Rose,
the jockey who rode the horse, is under investigation for
wearing a Paradise Poker logo on his pants which was not
approved by the authorities at Churchill Downs. The problem
seemed to stem from the fact that Churchill Downs has an
exclusive relationship with online casino youbet.com, and
the Paradise logo could be considered a
competitor.
Although most of the money
garnered from the logo was to go to Louisville Children's
Hospital, it is still unclear whether Rose, or the trainer,
Tim Richey would be fined.
In a match that evoked
thoughts of the original 'big game' between Nick the Greek
and Johnny Moss, Val Kilmer and Jade Jagger (daughter of
Mick) played a midnight heads up match in the window of
London department store Selfridges.
The match was to promote
two things, the 100th anniversary of Las Vegas, and also the
launch of Party Poker's UK site.
The normally press shy
Kilmer, in London rehearsing for "The Postman Always Rings
Twice", actually crashed the bicycle he was riding home from
the event, and wound up with bruised knuckles. No word on
whether the bruised knuckles were actually from repeatedly
knocking the table, and saying "Nice Hand, Jade".
Investec, advisors to the
Party Gaming people (mother company of Party
Poker) on their
imminent IPO that is set to float on the London Stock
Exchange late this summer have quit. This does not appear to
spell trouble for the IPO, which the Party Gaming people are
valuing at $5 billion US.
'We were doing the
strategic review and that has come to an end. Our role is
now over and we have parted company,' said David Currie,
head of UK investment banking at Investec.
It appears the folks at
Party Gaming are full speed ahead on their upcoming IPO,
which could hit as early as June, or as late as September.
Richard Segal, the chief executive of Party Gaming, said:
"We have nothing but the highest praise for Investec. We
have decided to go forward with Dresdner because it has the
global reach we wanted."
In other Party Gaming
news, the soon to be corporate giant named two top UK execs
to their board, naming Michael Jackson, (chairman of the
software group Sage), Chairman of the Board, and Brian
Larcombe, (former chief executive of the 3i Group), Deputy
Chairman.
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