The Toke: Beers, Steers and Poker, Shannon Elizabeth Handles a Stick Like a Pro, Chad Kroeger Not Among "Rock Legends" at VH1 Poker Event + David Einhorn's Fund Goes Busto

:: Bill Seeks to Legalize Poker in Texas. Is Omaha Next? - Bars in the state that gave us the game of hold'em and some rockin' toast may not be known just for beers, steers and queers anymore thanks to a bill (HB 3186) introduced in the state legislature that would allow certain establishments in Texas to have up to four real money poker tables. The sexy gang over at Pokerati.com is all over this news like two lonely cowboys in a rain storm. - WOIA.com and Pokerati.com

:: From Heads Up to 8 Balls and a Stick - After besting some of poker's finest at the National Heads-Up Poker Championship, including world champion bracelet winners Barry Greenstein and Humberto Brenes, Shannon Elizabeth reportedly is bored with the game of poker, saying, "It's so easy, an F-list actress could do it," (and when we say "reportedly" we mean we're making this up). She is now moving onto the game of pool, recently taking on the Prince of Pool himself, Corey Deuel, at the IPT North American Open 8-Ball Championship. - InsidePoolMag.com

:: Get Amped for Airing of VH1's Rock and Roll Poker Tournament - VH1 Classic is airing its Rock 'n' Roll for Charity Poker Tournament on Wednesday, March 14, at 10 p.m. ET, and will feature a full table of rock and roll legends, except replace "rock and roll legends" with Godsmack's Sully Erna, Pantera's Vinnie Paul, Kiss' Ace Frehley, ZZ Top's Dusty Hill, and Anthrax's Scott Ian. The event is for charity so we won't say anything mean about Nickelback's Chad Kroeger not getting an invite to play because he's a cheesy wannabe rocker douchebag who can't sing or write one damn lyric worth listening to. - CardPlayer.com

:: Nice Guy Poker Player Sees Hedge Fund Flop - David Einhorn, the 18th place finisher at the 2007 WSOP main event who made headlines for donating all of his $659,730 winnings to charity, has seen the hedge fund he manages lose about $140 million recently, primarily due to one of its holdings, New Century Financial, being the subject of a Federal criminal probe. Einhorn has since quit the board of New Century. Cue Debbie Downer "wah-wah" now. - Bloomberg.com