Doyle Brunson, a world renowned poker player, has recently done some controversial things in the online casino and land-based casino industry. Brunson has made millions from playing at poker tournaments and invested much of his money into online casinos; from which he has made massive profits. His name is synonymous with Texas Hold'em and he has helped make poker the number one game at the online casino. However, Doyle Brunson is under investigation for some suspicious activities in last summers bid to buy out the World Poker Tour.
Brunson and his company offered approximately $700 million to purchase the World Poker Tour. A tour that helped make Brunson and many other big name poker players famous. As soon as the bid was placed, Brunson announced his plans, which sent the World Poker Tour stock prices in the air. Prices per share went up over 100% shortly after news of a Brunson takeover was published. Suspicion arose when Brunson and his lawyers were unavailable for talks, and the proceedings were halted. Shortly there after stock prices plummeted; yet Brunson still got publicity and online casino player number rose significantly.
Whether Doyle Brunson made a legitimate offer that was later removed for financial reasons, or if he somehow gained from the stock increase is yet to be determined. What did happen however was that Brunson got massive publicity, and the online casino industry got many more patrons. Currently, Brunson and his group are under investigation; it seems that things will be resolved in time. As for the poker tour takeover? Well, nothing seems to be in the works just yet.
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