03 Feb 12

Daily Rewind: FTP's Debtors, Seidel No.1, Chad's Slapped Wrist

Today's Rewind keeps abreast of the latest news concerning Full Tilt Poker's deal with GBT. We hear from PokerStars Macau about the Macau Millions tournament cancellation and check out the latest GPI rankings. We also hear about Norman Chad's shortcomings whilst on jury duty last month.

The Daily Rewind is your one-stop-shop for a sharp review of the day in poker. Join us here for a mix of the latest news and a more irreverent insight into the poker world. Today we discovered the following topics for you:

FTP debtors: Greenstein responds

Several news items surrounding Full Tilt Poker's impending deal with Groupe Bernard Tapie have broken this week, with some high profile players being 'outed' by GBT attorney Behn Dayanim as having large unpaid debts to the company.

Players Phil Ivey, Layne Flack, David Benyamine, Erick Lindgren, Barry Greenstein and Mike Matusow are all reported as having substantial debts to FTP which "could put the deal in serious jeopardy" according to Dayanim.

Read our exclusive news on the unpaid player debt here.

Meanwhile poker pro Barry Greenstein responded to the GBT debt allegations, admitting that he did indeed owe money to FTP and explained his rationale behind not having settled his score.

For a full overview of Greenstein's response, read our story here.

We'll bring you updates on the FTP/GBT saga as they come in.

barryg1
Greenstein comes clean

Seidel still #1

The latest Global Poker Index rankings were released this week, and unsurprisingly it's still Erik Seidel who sits on top of the leaderboard. 

The top ten list is largely unchanged, although strangely Jonathan Duhamel, arguably January's most consistent player has dropped out of the top ten. 

This anomaly is due to the GPI's calculation process; Duhamel's electric January will be accounted within period 3 of the season, so you can expect to see him climb into the top ten very soon.

GPI  Index January 30th 

Place Name Points
1st Erik Seidel
3,069.84
2nd Jason Mercier
2,986.07
3rd Bertrand Grospellier
2,839.23
4th Eugene Katchalov
2,760.52
5th Shawn Buchanan
2,672.49
6th Sam Trickett
2,436.22
7th Will Failla
2,423.22
8th Matt Waxman 2,400.18
9th Vanessa Selbst
2,397.53
10th Mike McDonald
2,377.53
  
 

Chad's slap on the wrist

ESPN poker commentator and funny man Norman Chad was given a stern talking to following breaking court rules in Los Angeles whilst on jury service last month.

Chad broadcast several Tweets from within the court house, such as:

"To allow me to live-tweet during the trial, I am hiding my iPhone in my left sock (where Bill Belichick keeps his red challenge flag)."

The WSOP front man was wamboozled by Judge Laura Foland Priver after ignoring the court's warning that discussing the case or using a mobile device in the courtroom was prohibited. 

Judge Priver labelled Chad as making "a mockery of our system". Fortunately despite his backfiring gags, he was given a warning rather than a harsher penalty. 

norman chad
Norman's Tweets were "beyond fairytale"

High stakes corner

The past 24 hours in the world of high stakes has been fairly quiet, much owing to some technical problems at PokerStars yesterday.

Nevertheless, 3 players managed to break the $50,000 barrier, with new account "patpatman" continuing where he left off in January while Ben "milkybarkid" Grundy and Ben "Ben86" Tollerene also fared well.

"AlexKP" had a day to forget, having dropped a painful $126, 543 according to HighStakesDB.

Macau Millions cancelled

PokerStars Macau announced yesterday that the 2012 Macau Millions tournament has been cancelled indefinitely.

"Our current agreement to operate PokerStars Macau events and tournaments at Casino Grand Lisboa will expire in March." said Danny McDonagh in a statement.

"As a result, the Macau Millions will be postponed for a later date."

Daily Signoff

Today's signoff features a fairly nasty slow-roll from Brazilian Hilton Laborda in last year's WSOP Main Event.

This week's bad boy Norman Chad provides the ever-witty commentary.