
Favorite Jorryt van Hoof will go into the WSOP Final Table finale as chip leader tonight, as three players battle for a $10 million prize that is first.
The planet group of Poker last dining table is down to three players, with Dutchman Jorryt van Hoof finishing yesterday’s play as he began, with the chip lead and bossing the table around.
And despite Phil Hellmuth’s once disparaging remark about ‘Northern European idiots,’ three players hailing through the upper section of that very continental landmass have bagged on their own gold, silver and bronze in this race, with the final great American hope, Will Tonking from New Jersey, bowing out gracefully in fourth.
Joining van Hoof tonight to relax and play for the title that is biggest in poker is going to be Sweden’s Martin Jacobson, who has 64.75 million in chips, and Norway’s Felix Stephensen, with 46.1 million. Van Hoof, meanwhile, has a by-no-means chip that is insurmountable of 89.6 million. Tonight, the players will compete for a prize that is top of10 million as well as the title of World Champion.
Déjà vu
November Nine play began cagily, you a house or two as you might expect for a tournament with millions of dollars at stake in which some of the pay jumps could buy. In fact, it took 12 hours to whittle nine down to three. The very first elimination, whenever it came, was extraordinary, in that it had been Mark Newhouse, the guy whom finished ninth a year ago. Someone determined that the chances of Newhouse making back-to-back final tables was 524,558-1, so the odds of him finishing ninth twice must certanly be off the chart.
It required been particularly galling for Newhouse, because he started the final table third in potato chips and a respectable 65 big blinds. However, if it is any consolation, some may believe that coming in ninth twice is really a tad more impressive than winning the thing that is whole, albeit somewhat less lucrative. Newhouse picked up $ 730,725, for their amazing ninth place finish, two and a half grand less than he won year that is last.
Fooseball Champion
One of the most entertaining performances associated with the night was compared to Billy Pappas, a celebrated fooseball champ from Massachusetts, who began the table among the short stacks, then became the particular shortstack, before doubling through twice to suddenly find himself second in chips.
We all love a rags-to-riches tale, but alas is was to not be for Pappas, whose run came to an end when he ran his A-J mind on into Martin Jacobson’s pocket fives. A five on the slotsforfun-ca.com flop crippled Pappas and he had been out next hand in 5th, choosing up a handsome $2,143,794 for his crazy ride.
Van Hoof Still Favorite
Van Hoof will certainly end up being the favorite going into tonight’s finale, as he’s a chip that is commanding, and also a vast quantity of tournament experience. However, there is a lot of play left in those potato chips. Lying in second, Jacobson is an excellent bet, too; a hugely constant tournament player, he has $4.8 million in life time live tournament earnings, topping the Swedish money list. Few players have actually made more EPT tables that are final Jacobson, yet that major first-place finish still eludes him. Could this be his year?
While the card that is wild be online player Felix Stephensen, who made a decision to enter the Main Event with his winnings after betting that Holland would beat Australia precisely 3-2 in the planet Cup. Stephensen has already parlayed that $1,000 bet into at minimum $3.8 million, the minimum each player will win tonight.
Caesars Entertainment Tanks with $908.1 Million in Third Quarter Losses
Caesars Entertainment CEO Gary Loveman is bullish on his company’s future, despite close to one billion dollars in losings in the quarter that is third. (Image: Vince Talotta/Toronto Star)
Caesars Entertainment is the ongoing company to compare yourself to in the event that you ever want to feel better regarding the spending habits or bank statements.
Already much-chastened with the casino industry’s highest debt load by far, brand new reports of posted Q3 losings of $908.1 million can only just compound Caesars’ woes. Despite being possibly the most casino that is recognized in the world, Caesars’ level of financial obligation is colossal, standing at $22.88 billion at the end of September.
The business is currently engaged in a battle with its creditors and bondholders in a bid to restructure some $18 billion of that stranglehold obligation.
Caesars acquired the majority of its debt when the outfit went private in 2008, after a $30.1 billion takeover by Apollo worldwide Management and TPG Capital, simply as the downturn that is economic. As the recession ravaged the casino that is land-based in America, Caesars, with its 50 gambling enterprises across the US, was struck the hardest.
The company announced its intent to restructure its debt back in May, which analysts have stated is just a necessity to be able to avoid bankruptcy. The process would eradicate more than $1 billion of payments due in 2015 while not eliminating any long-term liability.
As a result, said CEO Gary Loveman, would ‘lay the foundation for both significant de-leveraging and value creation at Caesars Entertainment.’
Caesars Interactive Doubles Income
In August, the casino giant filed case against a number of its investors, claiming they were wanting to impede its efforts to restructure, as well as the business is undergoing negotiations that are private banks and lenders even now.
Loveman will never divulge details this week on the progress of the speaks, apart from to say that Caesars was ‘keenly focused on deleveraging’ the balance sheet.
‘it is fair to say that the talks have been constructive,’ Loveman said while it is premature to report on the details of these negotiations with creditors. ‘Further, our company is extremely concentrated on ensuring operating expenses are aligned with the environment that is current enhance profitability.’
The company’s net loss for the quarter ended up being 19.3 percent higher than its net loss in the quarter that is third 12 months ago; however, revenue actually increased, to $2.212 billion, which Loveman said was driven primarily by Caesars’ social and mobile gaming operations, and reflected ‘strength in the interactive business, stabilizing trends regionally, and generally good performance in nevada.’
Caesars Interactive Entertainment (CIE), a subsidiary of Caesars Growth Partners (CGP), has seen net revenue double to $161.6 million. CGP has made four purchases of social gaming development companies on the past years that are few has announced its intention to ‘be number 1 in the casino genre on mobile and Facebook.’
Meanwhile, CIE operates the WSOP.com that is popular online brand in Nevada and New Jersey.
Unfavorable Hold
Loveman stated that the business’s profits had suffered as a result of ‘unfavorable hold’ in the casino at Caesars Palace, which had cost the ongoing business around $35 million in running. He said the nevada Strip casino also was struck by ‘a decline in high-end international play.’
However, he additionally said he was upbeat about the growth that is year-on-year of Las vegas, nevada tourism industry, specially on the Strip. ‘The trend reinforces our self- confidence in the investments we now have made on the Strip,’ he said. ‘Our new investments in Las Vegas have added significant value to our portfolio.
‘Moving ahead, we come across several characteristics that bode well for the future, including signs of improvement in local markets, given restricted supply growth and greater traction from our investments in hospitality and entertainment offerings across our community,’ he included.
Sweden’s Martin Jacobson Sweeps World Series of Poker Main Event
Martin Jacobson is the player that is first Sweden to win the WSOP Main Event. (Image: GutshotMagazine.com)
Martin Jacobson of Sweden won the World variety of Poker (WSOP) Main Event on Tuesday night, making a set of tens in the final hand to claim poker’s championship that is biggest. Jacobson’s success marked his first WSOP bracelet win, and additionally was included with ten dollars million in prize cash.
Jacobson’s work was one of the more impressive WSOP Main Event shows in recent history. The Swedish poker professional was the leader at the end of Day 1A, and remained among the chip leaders virtually through the entire event until the final dining table, where he entered only in eighth place by having a reasonably short stack.
But Jacobson played brilliantly at the table that is final seemingly making techniques at the right times to keep his stack and chip up whenever possible. By the time play broke after a long monday session, Jacobson sat in second destination with only three players remaining in contention.
Van Hoof Knocked Out in Third Spot
It is hard to imagine being disappointed with a place that is third at the WSOP Main Event and a $3,807,753 prize, but Jorryt van Hoof could legitimately feel as if he should have done better. He entered both the table that is final the ultimate three with the chip lead, but failed to find any success during his last three hours within the tournament.
On his last hand, van Hoof held A5 of diamonds and relocated all in for 46.2 million potato chips. Jacobson called with AT, establishing a potential eradication. Van Hoof hit a five on the flop, but Jacobson also improved having a ten. The change and river both came down as queens, giving Jacobson the pot and van that is taking out in third place.
‘ In the end, I finished third in the WSOP Main Event,’ Van Hoof said. ‘So, I can’t complain.’
Jacobson Pulls Away in Heads-Up Battle
That elimination set the stage for the battle that is heads-up Jacobson, who now had 142 million in potato chips, and Norway’s Felix Stephensen, who had 58.5 million. Stephensen found some minor success early, however the Swede sooner or later pulled away, pushing his opponent to under 30 million chips following a little more than one hour of heads-up play.
That left Stephensen in a position where all-in moves had been likely the option that is best to reunite into the fight. Both players moved all-in without being called on a few occasions prior to the hand that is final decided the tournament when as well as for all.
On that tactile hand, Stephensen opened the action by raising to 3.5 million chips on the switch. Jacobson nearly immediately moved all in, and Stephensen quickly needed his last 28.3 million in chips. Stephensen showed their A9 of hearts, but he was well behind Jacobson’s pocket tens.
Jacobson’s buddies and fans began calling for the ten from the rail, and their request was granted as the flop arrived 3-9-T. Stephensen had enhanced because well, but he now needed two cards to overcome Stephensen’s three tens. Whenever a master came on the turn, the tournament was over; the four on the river only made it official, as Jacobson was crowned as 2014’s World Champion.
Stephensen’s run through the field of 6,683 players might have ended in 2nd place, but he will still be well-rewarded for such an impressive result. Due to the fact runner-up, Stephensen won $5,147,911.
For Jacobson, the win is a capstone on a vocation which includes been already quite effective. He had already won over $4.8 million in their tournament career before their WSOP victory, and was commonly regarded as the most accomplished player during the final table. He is now the first Swedish player to win the WSOP Main Event and the winningest tournament poker player in the nation’s history.