Tag Archives: daniel negreanu

Daniel Negreanu Leaving PokerStars?

Is Daniel Negreanu leaving PokerStars, that is the question everybody wants to know the answer to. Recent events at PokerStars have left Daniel embarrassed and frustrated with managment. Some have said PokerStars is not “communicating” well with the players, and Daniel has also talked about “communcation” being poor on numerous occasions. I find it difficult to believe this is purely a “communication” issue though. At the core of the problem is a different culture that comes along with major corporations versus privately held companies. To some degree Daniel has even acknowledged this to be the case. He says things like players need to understand that management of publicly held corporations have obligations to shareholders. In corporate land we have a term for this and it is called fiduciary duty. It is a legal duty to act solely in the interests of another party, which, in the case of corporations is the shareholders. What does all this mean? Well, not only does management not give a damn about what a bunch of SuperNova Elite players think, but they also feel morally righteous to completely screw them over because they actually have a legal duty to do so. When I say this, I am assuming that by taking away benefits from top players they are doing a good thing for shareholders (which is certainly debatable). For those of you who are not already up to speed on the huge PokerStars cuts, I talked extensively about the changes in my article PokerStars VIP Changes.