AGA President Frank Fahrenkopf on the PocketFives Podcast

San Jose, (PressExposure) August 21, 2008 -- The American Gaming Association is celebrating its 11th annual Responsible Gaming Education Week. At the top of the food chain at one of the largest trade organizations for commercial casinos in the United States is AGA President and CEO Frank Fahrenkopf. Entering its 14th year of operation, the AGA represents casino goliaths like Harrah’s and Ameristar, while investment firms and payment processors like Bank of America and Deloitte & Touche make up its roster of multi-million dollar corporations. Fahrenkopf joined the poker podcast this week.

Fahrenkopf comments on a recent bill introduced by Congressman Jim McDermott (D-WA) that would tax internet gambling at the federal level and distribute the funds according to a state’s population: “This bill has only recently been introduced. We have not taken a formal position on it yet, although I must say that most of the companies that we work with have opposed federal regulation and taxation of any form of gambling. It’s an intrusion on states’ rights. However, it’s not a uniform position in our industry.”

This week's online poker action featured record-breaking performances by several PocketFives members. Mark "dipthrong" Herm continued his amazing hot streak in online tournaments. This past Sunday, Herm took down the PokerStars $250K Guaranteed for $91,500. Combine that score with his recent victories in the Full Tilt $750K, the Full Tilt Sunday Mulligan, and the Bodog $100K, and Mark's one month total cashes in weekend major tournaments is over $300,000. Joe "ender555" Ebanks final tabled three of the 16 weekend majors, taking home nearly $67K for second place in the PokerStars $250K and winning the Absolute Poker Weekly $150K Guaranteed for $37,500. His other final table came in the Ultimate Bet $200K where he collected $11,000 for fifth place. "Quaid745579" won the Full Tilt Poker Sunday Brawl for $73,400, "xxd33pxx" received $45,000 for his win in the UB $200K, and "mattg1983" won $53K by taking down the PokerStars Sunday Second Chance tournament.

This week's online poker rankings update features Alex "AJKHoosier1" Kamberis, who has become the #1 ranked online tournament player in the world following his unbelievable results in the last 30 days. Overall, Alex has multiple wins in the PokerStars $100 and $200 rebuy tournaments, a second place finish in the Full Tilt $1 Million Guaranteed, and a win in the Absolute Poker $150K. Nick "agriffrod" Mitchell entered the PocketFives Worldwide rankings this week after winning more than $127,000 over the weekend.

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Press Release Submitted On: August 13, 2008 at 7:05 am
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