A European group of investors is set to purchase Full Tilt Poker in a deal that will provide enough capital to refund player balances.

The owner of Swift P’s Pizza in Waco, Texas, is known as a good citizen within his community, but on Wednesday morning, Phillip Ferguson Haynes was arrested and charged with running an illegal gambling house.

NBA gamblers do not total the amount of bettors that place wagers ion the NFL, but they are a die-hard group. After talks broke down between players and owners Thursday, gamblers may have to start thinking of a 2012 with no betting.

Australian lawmakers have in place a law that essentially makes it illegal for online gambling sites to be launched from within the country, but now officials are calling for the government to crack down on foreign operators.

Michael Mizrachi went legend last year at the World Series of Poker, and on Wednesday he was back in a position to take home a gold bracelet. This time, however, Mizrachi fell short in his bid for gold.