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Poker Princes Sentenced to Probation and Avoids Jail

Poker Princes Sentenced to Probation and Avoids Jail

A woman nicknamed the “poker princess” for her part in hosting card games for the rich heard on Friday that she will be avoiding jail. A federal judge ruled that prison would be too harsh a punishment for Molly Bloom as she only had a minor role in a betting operation with links to organized crime.

Poker Princes Sentenced to Probation and Avoids Jail

Molly Bloom has avoided being sentenced to jail for her role in hosting illegal card games for the rich and famous.

Instead Judge Jesse Furman sentenced Bloom to a year of probation, fined her $1,000 and ordered her to perform 200 hours of community service.

However, the sentence was only given after the judge had questioned Bloom about her soon-to-be-published book.

The book is set to reveal how a “petite brunette from Loveland, Colorado, ran the highest stakes, most exclusive poker game Hollywood had ever seen — she was its mistress, its lion tamer, its agent, and its oxygen. Everyone wanted in, few were invited to play.”

The judge wanted to ensure that there was nothing in the book that would “trouble” him. However, Bloom assured him that there was not.

Prior to the sentencing Bloom admitted making mistakes but said that the experience and the criminal case were a “great opportunity for growth”. She claims to have since returned to “a life that has meaning and substance.”

OCA News Editor

Jenny McKinnley is OCA’s financial correspondent. After spending years on the trading floor in both NY and London, she offers insight from the inside out on world financial news and events.

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