Party Poker to Return to the US in February?

By: Dan Michalski – December 02, 2006

The internet poker forums are abuzz with rumor that PartyPoker is preparing for a surprise return to the United States in early 2007. Though we here at PokerBlog have many good friends at Party (at least for a little while longer, as they gave us the chip you see at the top of the blog), we have nothing resembling confirmation from headquarters.

Take a look at the original RGP post, and you might find it suspect. After all, not only does the poster call himself "Neal the REAL DEAL", but also his email address is daytrader28@... so he could easily be a "day trader" trying to start a little buzz to see if he's capable of pumping up the stock demand over the weekend. He also happens to be the same guy who posted that Sen. Bill Frist is set to be indicted "this week" ... but looking through the political blogosphere, I find nothing mentioned of an actual indictment. Even the political wonks talking about Frist (scroll down to the bottom) mention nothing of legal developments.

But again, the forums sure are chattering ... more here [pocket fives], and here [pokernews forums]. And though I haven't talked directly to any of our good friends at Party (they drink, too, of course, so they've long-started the Euro-weekend) um ... uh ... well, like I said, they drink too. So we should hear something, and we'll let you know what we can.

Circumstantially speaking, it all seems plausible ... even beyond the suddenly amped-up presence of Kirk Kerkorian on the gaming-biz scene, there's bits of gossip about recent Party big-whig canoodling in Las Vegas, so we'll see.

But on the flop, we're saying: coinflip.

 

That Neal person is a kook, do a search for "Neal Ross" on RGP and you'll find all sorts of crazy accusations he has made.

Kevmath – December 2, 2006 – 12:14am

Grassy Knoll, Grassy Knoll.....

Poker Shrink – December 2, 2006 – 4:57am

On the Frist front, nothing would please me more; loathing as I do insider traders and online gaming traitors. But other than Neal's assertion, there isn't a shred of evidence anywhere to support it. Looking at the facts in the SEC's case, a Frist indictment is within the realm of possibility - but so far, I suspect, it is just a reality in the mind of a guy with a keyboard.

On the Party front, there is, again, compelling material out there. The stock movement was particularly noteworthy. But I also saw that another private equity firm had gone "public" about its desire to pick up some publicly traded stock - and since they just put Richard Segal on the board, I suspect (and maybe other traders suspect) PartyGaming stock might be something they are dallying in.

I guess time will tell if these are just the desires of a mad poster or fact.

ChasingAmy – December 2, 2006 – 10:21am

as most people know, the reason we are "professional" poker bloggers is because we couldn't hack it in consciously reject corporate America. but with that said, we also tend not to understand the intricate ways of the suit-wearing subculture.

while it seems to me that all signs for a merger/buyout/takeover could be there ... if it hasn't happened yet (or even if it has) don't they need to have some sort of meeting first before deciding on a return date, for example?

Dan Michalski – December 2, 2006 – 10:31am

meetings?

smoke filled backrooms in the dead of night;
the same way they UIGEA was passed.....

Poker Shrink – December 2, 2006 – 12:27pm

i know you're being semi-facetious, Dr. Tim ... but really, I don't think that is how the UIGEA got passed. I think it was more of a dastardly clever little concoction of Dr. Frist's ... something he might have mentioned under his breath in elevators, bars, after church, etc. Once Goodlatte couldn't make it happen, he simply took over and said, "move aside and let me show you how to get things done here in Washington."

No?

Dan Michalski – December 2, 2006 – 2:25pm

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