Molly Bloom (author) explained

Molly Bloom
Birth Date:21 April 1978
Birth Place:Loveland, Colorado, U.S.
Occupation:Entrepreneur, speaker, author
Notable Works:Molly's Game
Relatives:Jeremy Bloom (brother)
Colby Cohen (cousin)

Molly Bloom (born April 21, 1978) is an American entrepreneur, speaker,[1] and author of the 2014 memoir Molly's Game. During the 2000s, she became known as the "Poker Princess", for organizing high stakes underground poker in Los Angeles that attracted A-list actors. She was previously a competitive skier, a member of the US Ski Team, and was injured while attempting to qualify for the Olympics.[2]

In April 2013, Bloom was charged with running an illegal poker game in New York. In May 2014, after pleading guilty, she was sentenced to one year of probation, a $200,000 fine, 200 hours of community service, and forfeiture of $125,000.[3]

A film adaptation of her book, Molly's Game, starring Jessica Chastain and directed by Aaron Sorkin, debuted in December 2017.[4]

Early life

Bloom was born on April 21, 1978, and grew up in Loveland, Colorado. Her father, Larry Bloom, is a clinical psychologist and a professor at Colorado State University.[5] Her mother, Char, was a ski and snowboard instructor and a professional fly-fisher with her clothing line.[6] Bloom's father is Jewish and her mother is Christian.[7] Her brothers are Jordan Bloom, a cardiac surgeon at Massachusetts General Hospital,[8] and Jeremy Bloom, an American Olympic skier and professional American football player with the Philadelphia Eagles.[9] She was a competitive skier, a member of the US Ski Team, at one time ranked third in women's moguls in the Nor-Am Cup season rankings; she later suffered an injury while attempting to qualify for the Olympics.[10] She attended the University of Colorado Boulder, where she graduated summa cum laude with a Bachelor of Arts in Political Science.[11]

Career

In 2004, Bloom moved to Los Angeles and found work as a bartender. In 2004, Darin Feinstein, one of the co-owners of The Viper Room nightclub, was approached by actor Tobey Maguire about hosting a high-stakes poker game in the club's basement. Feinstein recruited Bloom to cater to the players and manage the game. In 2007, Bloom started her own business, registering Molly Bloom Inc. as an event and catering company to host poker tournaments.[12] By 2008, the games had graduated to private homes and hotels like the Peninsula Beverly Hills, with hands going as high as $4 million.[13] In addition to Maguire, wealthy people, celebrities and sports figures were known to frequent the games, including Leonardo DiCaprio, Alec Gores, Macaulay Culkin, Matt Damon, Ben Affleck, Alex Rodriguez, Nelly, Mary Kate Olsen, Ashley Olsen, Phil Ivey, Rick Salomon and Andy Beal.[14] Bloom was dubbed the "Poker Princess" by the tabloids for her game-hosting reputation in Los Angeles.[15] Around 2009, she moved to New York where she began organizing games.

In 2011, one of the games Bloom had been associated with in Los Angeles became part of a bankruptcy investigation into a Ponzi scheme run by Bradley Ruderman. After Ruderman's conviction, bankruptcy trustees discovered that he had been using the fraudulent hedge fund to pay gambling debts to Bloom and a number of players. The trustees sued those involved, seeking the return of at least $1.5 million. No criminal charges were pursued.[16]

Illegal gambling conviction

On April 16, 2013, Bloom was arrested and charged along with 33 others as part of a $100 million money laundering and illegal sports gambling operation.[17] Preet Bharara, the United States Attorney for the Southern District of New York, charged 12 people with racketeering. Others were charged with money laundering, extortion, fraud and operating illegal poker rooms in New York City. Bloom faced a maximum penalty of 10 years in prison, six years of supervised release, a fine of $1.5 million or twice the amount gained from the crimes or twice the amount lost by victims, and a $200 special assessment.[18] [19]

In December 2013, Bloom pleaded guilty to charges of running illegal poker games. She was sentenced the next May to one year of probation, 200 hours of community service, and forfeiture of $125,000; US District Judge Jesse M. Furman found that she had played a minor role in the larger gambling operation that didn't warrant prison time.[20] At the sentencing, Bloom's lawyer, Jim Walden, told the court that Bloom made about $1 million from tips and her cut of the poker pot, much of which was used to tip other employees, and was deeply in debt. He stated that Bloom had originally "been ordered into the gambling business" by her boss at a Los Angeles real estate company.[3]

Post-gambling ventures

Bloom's memoir about her experiences, Molly's Game, was published in 2014.[21] A film adaptation of the book, also called Molly's Game, written and directed by Aaron Sorkin, premiered at the Toronto Film Festival on September 8, 2017.[22] Jessica Chastain plays the role of Molly Bloom.[23] The film received a 2018 Academy Award nomination in the category of Best Adapted Screenplay.[24]

Beginning in 2022, Bloom was an executive producer and the host of two seasons of Torched, a podcast series exploring controversial Olympic events and other sports stories. The show, produced by FilmNation, is described as a "mix of documentary-style storytelling and interviews with athletes."[25] [26]

Personal life

Bloom had her first child, a daughter, on February 8, 2022. The baby was conceived through in vitro fertilisation (IVF); according to Bloom, "I did nine rounds of IVF."[27]

External links

Notes and References

  1. News: How to Create An Authentic Customer Experience, According to Poker Entrepreneur Molly Bloom - Business101.com. June 19, 2018. Business101.com. 2018-07-26. en-US. July 26, 2018. https://web.archive.org/web/20180726234416/http://business101.com/create-authentic-customer-experience-according-poker-entrepreneur-molly-bloom/. live.
  2. Dockterman . Eliana . December 25, 2017 . The True Story Behind the Movie Molly's Game . June 9, 2024 . TIME.
  3. News: Gregorian . Dareh . May 2, 2014 . So-called 'Poker Princess,' implicated in $100 million gambling ring, ducks jail time, gets probation . live . https://web.archive.org/web/20190428065101/https://www.nydailynews.com/new-york/nyc-crime/poker-princess-ducks-jail-time-article-1.1777582 . April 28, 2019 . May 31, 2020 . . New York, NY.
  4. Aaron Sorkin on Directing His First Movie With 'Molly's Game'. Ray Rahman . Entertainment Weekly . August 14, 2017 . December 19, 2017.
  5. News: New book-to-movie adaptation has connection to daughter of CSU faculty. Nate Day. Rocky Mountain Collegian. March 8, 2017. December 19, 2017. April 28, 2019. https://web.archive.org/web/20190428065046/https://collegian.com/2017/03/former-csu-professors-daughter-to-be-subject-of-hollywood-film/. dead.
  6. News: Bloom to appear at sports show. Charlie Meyers. February 25, 2006. The Denver Post. December 19, 2017. December 22, 2017. https://web.archive.org/web/20171222105629/https://www.denverpost.com/2006/02/25/bloom-to-appear-at-sports-show/. live.
  7. News: Nate. Bloom. Nate Bloom. Hollywood's Celebrity Jews – Movies and more. The Detroit Jewish News. November 22, 2017. May 5, 2018. May 6, 2018. https://web.archive.org/web/20180506173419/https://thejewishnews.com/2017/11/22/hollywoods-celebrity-jews-movies/. live.
  8. Web site: Jordan Bloom, MD, MPH . August 28, 2022 . October 6, 2022 . https://web.archive.org/web/20221006232929/https://www.massgeneral.org/doctors/22755/jordan-bloom . live .
  9. News: World-Champion Skier Jeremy Bloom's Unconventional Path to Entrepreneurship. Pullen. John Patrick. Entrepreneur. March 2013. December 19, 2017. December 22, 2017. https://web.archive.org/web/20171222053138/https://www.entrepreneur.com/article/225770. live.
  10. Web site: Molly Bloom – Cup Standings . FIS-ski.com . . January 7, 2019 . January 7, 2019 . https://web.archive.org/web/20190107181150/https://www.fis-ski.com/DB/general/athlete-biography.html?sectorcode=FS&competitorid=5590&type=cups . live .
  11. News: Molly Bloom's 'Game' reveals stacked deck of ambition, drama in world of high-stakes poker. John Wenzel. August 27, 2014. The Denver Post. December 19, 2017. December 23, 2017. https://web.archive.org/web/20171223003846/https://www.denverpost.com/2014/08/27/molly-blooms-game-reveals-stacked-deck-of-ambition-drama-in-world-of-high-stakes-poker/. live.
  12. Manhattan Fold 'Em. Robert Kolker . New York Magazine . June 30, 2013 . December 19, 2017.
  13. News: Hollywood Flashback: In 2008, Molly Bloom Was Tinseltown's Poker Queen. Seth Abramovitch. The Hollywood Reporter. September 10, 2017. December 19, 2017. December 22, 2017. https://web.archive.org/web/20171222052859/https://www.hollywoodreporter.com/news/hollywood-flashback-2008-molly-bloom-was-tinseltowns-poker-queen-1037272. live.
  14. News: Hollywood's Elite Exposed in Gambling Crackdown, Guilty Plea Entered – PocketFives. August 8, 2013. PocketFives. 2018-05-04. LandShark. en-US. May 5, 2018. https://web.archive.org/web/20180505065954/https://www.pocketfives.com/articles/hollywoods-elite-exposed-in-gambling-crackdown-guilty-plea-entered-588657/. live.
  15. Web site: Hays . Tom . December 12, 2013 . Former poker game hostess pleads guilty in NY . June 7, 2024 . Associated Press.
  16. News: Duke . Alan . June 23, 2011 . Celebs play high-stakes poker in Beverly Hills hotels, lawsuits say . live . https://web.archive.org/web/20171222053232/http://www.cnn.com/2011/SHOWBIZ/celebrity.news.gossip/06/22/celebrity.poker.lawsuits/index.html . December 22, 2017 . December 19, 2017 . CNN.
  17. News: Feds take down high-stakes poker, sports booking ring used by A-list celebs, Wall Street fat cats. Nancy Dillon. Robert Gearty. Daniel Beekman. New York Daily News. April 17, 2013. December 19, 2017. December 16, 2017. https://web.archive.org/web/20171216090654/http://www.nydailynews.com/news/crime/feds-high-stakes-poker-sportsbooking-ring-a-list-celebs-wall-street-fat-cats-article-1.1318139. live.
  18. Manhattan U.S. Attorney Charges 34 Members and Associates of Two Russian-American Organized Crime Enterprises with Operating International Sportsbooks That Laundered More Than $100 Million. FBI. April 16, 2013 . December 19, 2017.
  19. News: Agents Raid Gallery in Carlyle Hotel in Gambling Probe. Santora. Marc. April 16, 2013. The New York Times. December 19, 2017. Rashbaum. William K.. December 22, 2017. https://web.archive.org/web/20171222162437/http://www.nytimes.com/2013/04/17/nyregion/agents-raid-upper-east-side-gallery-in-gambling-probe.html. live.
  20. Web site: Neumeister . Larry . May 2, 2014 . Poker Princess gets probation after guilty plea . June 7, 2024 . Associated Press.
  21. Her House of Cards . Bloom. Molly. Vanity Fair. June 24, 2014 . December 19, 2017.
  22. News: Film Review: 'Molly's Game'. Debruge. Peter. September 9, 2017. Variety. December 19, 2017. September 9, 2017. https://web.archive.org/web/20170909083423/http://variety.com/2017/film/festivals/mollys-game-review-jessica-chastain-1202552430/. live.
  23. News: 'Molly's Game': Film Review TIFF 2017. The Hollywood Reporter. September 8, 2017. December 19, 2017. December 21, 2017. https://web.archive.org/web/20171221045243/https://www.hollywoodreporter.com/review/mollys-game-review-1037071. live.
  24. Web site: Oscar Nominees Writing Adapted Screenplay Nominee . March 14, 2018 . March 1, 2018 . https://web.archive.org/web/20180301054530/http://oscar.go.com/nominees/writing-adapted-screenplay/molly-s-game-2 . live .
  25. Web site: Lang . Brent . Jul 7, 2022 . 'Torched' Returns for Second Season With Host Molly Bloom . June 8, 2024 . Variety.
  26. Web site: Torched . June 8, 2024 . FilmNation Entertainment.
  27. Web site: Slater . Georgia . May 8, 2022 . The Molly's Game author, 44, welcomed her first child, daughter Fiona, on Feb. 8, and is opening up to PEOPLE about her difficult journey to become a mom, detailing her experience with infertility and in vitro fertilization (IVF) . June 7, 2024 . People.

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