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PokerStars
PokerStars is an online poker cardroom. It is the largest real money online poker site in the world, controlling over two-thirds of the total online poker market, and can be accessed through downloadable poker clients for Windows, macOS, Android (operating system), Android and iOS. A PokerStars.com Poker tournament, online satellite tournament produced the 2003 World Series of Poker (WSOP) champion, Chris Moneymaker. As the first person to become a world champion by qualifying at an online poker site, Moneymaker's 2003 win was an important factor in catalyzing the poker boom of the mid-2000s. The press has called this the "Moneymaker effect." PokerStars was part of The Stars Group until it was sold to Flutter Entertainment, owner of the Irish gambling company Paddy Power, on May 5, 2020. History PokerStars launched its beta play-money-only site on September 11, 2001. The company began offering real money wagering on December 12, 2001. PokerStars was originally a Costa Rican co ...
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Mark Scheinberg
(Igal) Mark Scheinberg (; born 1973) is an Israeli-Canadian businessman and investor within various sectors including real estate and luxury hospitality. He is the co-founder and former co-owner of the online gambling company PokerStars, which was sold in 2014 to Amaya Gaming for $4.9 billion. Scheinberg is also the founder and principal of the investment firm Mohari Hospitality, which has develoepd various luxury hotels across the world and owns the majority of Tao Group Hospitality. Life Mark Scheinberg was born in Israel in 1973, moving to Toronto, Ontario, Canada at the age of 13 with his Isai Scheinberg, family. They settled in the town of Richmond Hill, Ontario, Richmond Hill in the 1980s. PokerStars In 2001 Scheinberg founded PokerStars with his father Isai Scheinberg, a computer programmer. During his tenure as CEO, PokerStars became the world’s largest online poker business and host to the world’s largest online tournament series, acquiring the Full Tilt Poker bran ...
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The Stars Group
The Stars Group Inc. (formerly known as Amaya Inc., Amaya Gaming Group Inc. and Rational Group) was a Canadian gaming and online gambling company headquartered in Toronto, Ontario, Canada. Its shares were traded on Nasdaq and the Toronto Stock Exchange. It primarily operated poker, casino, and sports betting products under the PokerStars, Full Tilt Poker, BetStars, and Fox Bet brands. Stars Interactive, the online gaming division of The Stars Group, was headquartered in Onchan, Isle of Man The Isle of Man ( , also ), or Mann ( ), is a self-governing British Crown Dependency in the Irish Sea, between Great Britain and Ireland. As head of state, Charles III holds the title Lord of Mann and is represented by a Lieutenant Govern ... where PokerStars had an office since 2005, almost five years after its inception. It held licences or related approvals to operate from 17 jurisdictions and offers its products and services in Europe, North America and elsewhere. In the jurisdi ...
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Online Poker
Online poker is the game of poker played over the Internet. It has been partly responsible for a huge increase in the number of poker players worldwide. Christiansen Capital Advisors stated online poker revenues grew from $82.7 million in 2001 to $2.4 billion in 2005, while a survey carried out by DrKW and Global Betting and Gaming Consultants asserted online poker revenues in 2004 were at $1.4 billion. In a testimony before the United States Senate regarding Internet gaming, Internet Gaming, Grant Eve, a Certified Public Accountant representing the US Accounting Firm Joseph Eve, Certified Public Accountants, estimated that one in every four dollars gambled is gambled online. Traditional (or "brick and mortar", B&M, live, land-based) venues for playing poker, such as casinos and poker rooms, may be intimidating for novice players and are often located in geographically disparate locations. Also, brick and mortar casinos are reluctant to promote poker because it is difficult for t ...
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Full Tilt Poker
Full Tilt Poker is an Irish online poker card room and online casino that opened in June 2004. Formerly privately owned by Tiltware, LLC and later by the Rational Entertainment Group, the site was acquired by The Stars Group (then known as Amaya Gaming Group) in a deal where Amaya acquired all of Rational's assets, including PokerStars. A statement by Amaya said the takeover would not affect the activities of Full Tilt Poker. The deal was closed on August 1, 2014. Just prior to the close of the purchase, Full Tilt Poker redirected and rebranded its domains from FullTiltPoker.com and FullTiltPoker.eu to FullTilt.com and FullTilt.eu. A company spokesperson stated the change reflected the fact Full Tilt had "expanded to offer a range of single and multi-player variations of casino games". Full Tilt has gaming licenses in Malta and the Isle of Man. Games offered Full Tilt offers both play and real money cash games and tournaments. Freeroll, satellite, sit-n-go, and multi-table ...
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Chris Moneymaker
Christopher Bryan Moneymaker (born November 21, 1975) is an American poker player who won the Main Event at the 2003 World Series of Poker (WSOP). His 2003 win is said to have revolutionized poker because he was the first person to become a world champion after qualifying at an online poker site. This has been referred to in the press as the " Moneymaker effect". Early life Moneymaker was born in Atlanta, Georgia. He attended Farragut High School in Knoxville, Tennessee, and later earned a master's degree in accounting from the University of Tennessee. After receiving his master's degree, Moneymaker worked as a comptroller. He was also a part-time employee at a local restaurant, in Spring Hill, Tennessee. Moneymaker said that his ancestors made silver and gold coins and chose the name "Moneymaker" as a modification of their German last name, "Nurmacher". Poker career World Series of Poker Moneymaker was working as an accountant when he won a seat in the Main Event of the 2003 ...
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Isai Scheinberg
Isai Scheinberg (; born 1946 or 1947) is the Lithuanian Jewish founder of the PokerStars online poker site. Scheinberg previously had been a senior programmer for IBM Canada. Biography In about 1986, Scheinberg left Israel, and moved to Toronto. He settled there in Richmond Hill, where in 2011 he still owned the house he had bought in 1988. In 2011, Scheinberg was indicted on five criminal charges related to Pokerstars under United States federal law The law of the United States comprises many levels of Codification (law), codified and uncodified forms of law, of which the supreme law is the nation's Constitution of the United States, Constitution, which prescribes the foundation of the ...s. In September 2020, he was sentenced to pay a fine of $30,000 with no jail time. Scheinberg sold his stake in Pokerstars to Amaya Gaming in 2014 for $4.9 billion. Well known for his sense of personal privacy, he gave his first ever media interview to Lance Bradley in 2021. Se ...
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Flutter Entertainment
Flutter Entertainment plc is an Irish-American multinational sports betting and gambling company. It is listed on the New York Stock Exchange and has a secondary listing on the London Stock Exchange. It owns brands such as Betfair, FanDuel, Paddy Power, PokerStars, Sky Betting & Gaming, and Sportsbet. Flutter is the world's largest online betting company. History Paddy Power and British rival Betfair agreed terms for a merger on 8 September 2015. The business is owned 52% by the former Paddy Power shareholders and 48% by the former Betfair shareholders. The merger was completed on 2 February 2016. On 5 April 2016, it was announced that 650 jobs in the United Kingdom and Ireland would be lost at the company. On 18 October 2016, the company paid out $1.1M to those who bet on Hillary Clinton in the presidential election in the United States, citing a certainty of Clinton's victory. Trump won. In May 2017, it acquired daily fantasy sports operator Draft. In August 2017, it was a ...
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Moneymaker Effect
The Moneymaker effect is the name of the sudden growth in interest in poker after the 2003 World Series of Poker Main Event. History The term was created after Chris Moneymaker, a 27-year-old accountant and amateur poker player from Tennessee, United States, outlasted 838 other players to win the 2003 World Series of Poker (WSOP) Main Event, thereby winning the US$2.5 million prize and the title of World Champion. He became the new poster boy for poker, inspiring potential players to believe that "staying at home in front of a computer screen could be more profitable than going to work."
His improbable win also started a new era in poker in which "a nobody could topple the feared pros." According to an article in the ''



2003 World Series Of Poker
The 2003 World Series of Poker (WSOP) was a poker tournament held at Binion's Horseshoe. The tournament is seen as a turning point in the history of competitive poker, as amateur Chris Moneymaker's victory in the main event despite no prior tournament experience was widely regarded as bringing with it a surge in public interest and popularity in the game, known as the Moneymaker effect, or the Poker boom. Moneymaker entered the tournment from a ticket won in an online PokerStars table. Events There were 35 preliminary bracelet events at the 2003 World Series of Poker. Doyle Brunson, Johnny Chan, and Phil Hellmuth all tied Johnny Moss's career bracelet record with their ninth. Men Nguyen finished runner-up in two events in this World Series. Main Event There were 839 entrants to the main event. Each paid $10,000 to enter, with the top 63 players finishing in the money. It was the largest poker tournament ever played in a brick and mortar casino at the time. Many entrants, inc ...
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