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33% Rake at Online Sites - DOJ 33% Rake at Online Sites - DOJ

09-20-2011 , 02:20 PM
Was reading the full DOJ complaint, and came across the following:

Approximately one-third or more of the funds deposited by gamblers went
directly to the Poker Companies as revenue through the “rake” the
Poker Companies charged players on almost every poker hand played
online.

I have nothing further to add here

Also, as I'm reading this, I assume this is Ivey, though I may be mistaken:

111. The other approximately 19 owners of Tiltware LLC
received the remainder of the approximately $443,860,530
distributed. For example, a professional poker player and Full
Tilt Poker owner (“Player Owner 1”) received at least
approximately $40,078,646.64 in distributions, as well millions of
dollars characterized as loans from Full Tilt Poker. At least
approximately $4.4 million of these loans have not been repaid.

Still have a bunch more to read...
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