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The Poker Year In Review - February 2012

Phil Ivey Returns To Poker in the U.S But Is Revealed To Be A Full Tilt Debtor As Industry Decline Continues

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Phil IveyThe Italian Poker Tour gets a two-time winner in the form of Oleksii Kovalchuk while French rapper Bruno “Kool Shen” Lopez wins the Euro Finals of Poker Diamond Championship.

In industry news Spain decided to hasten its move towards the regulation and liberalization of its online gambling market and PokerStars established a .eu site with a Maltese license to assist Swedish and Finnish players who now would not have to pay tax on winnings from the new site.

The news was not all good thought as Unibet Poker revenue declines by one-third in 2011 while Betsson was down by just over one-fifth and Ladbrokes was down one-quarter.

888 bucked the trend and saw poker revenue grow 58 percent in 2011 after many quarters of decline.

Chris Ferguson was hopeful he would settle his case with the Department Of Justice soon while Layne Flack, Phil Ivey and Mike Matusow were among those who were revealed to owe Full Tilt Poker around $18 million .

Vadzim Kursevich wins the European Poker Tour Deauville for €875,000 while over the border in Belgium an online gambling blacklist is created.

Phil Ivey entered his first poker tournament on US soil since Black Friday and Mickey “mement_mori” Petersen wins EPT Copenhagen.