Favorite Jorryt van Hoof will go into the WSOP Final Table finale as chip frontrunner tonight, as three players battle for a $10 million first prize.
The planet number of Poker table that is final 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 landmass that is continental bagged themselves gold, silver and bronze in this race, with the last great American hope, Will Tonking from New Jersey, bowing away gracefully in fourth.
Joining van Hoof tonight to 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 the top prize of $10 million as well as the title of World Champion.
November Nine play started out cagily, as you could expect for a tournament with huge amount of money at stake in which some of the pay jumps could buy you a residence or two. In fact, it took 12 hours to whittle nine straight down to three. 1st elimination, whenever it came, was extraordinary, in that it had been Mark Newhouse, the guy who completed ninth a year ago. Someone figured out that the chances of Newhouse making back-to-back final tables was 524,558-1, and so the odds of him finishing ninth twice should be from the chart.
It needed been particularly galling for Newhouse, because he started the table that is final in potato chips and a respectable 65 big blinds. Nonetheless, if it’s any consolation, some may genuinely believe that coming in ninth twice is just a tad more impressive than winning the thing that is whole, albeit somewhat less lucrative. Newhouse picked up $ 730,725, for his incredible ninth destination finish, two and a half grand less than he won year that is last.
Very entertaining performances of this night was compared to Billy Pappas, a fooseball that is celebrated from Massachusetts, who began the table among the short stacks, then became the specific 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 their head that is a-J on Martin Jacobson’s pocket fives. A five on the flop crippled Pappas and he had been out next hand in fifth, picking up a handsome $2,143,794 for his wild ride.
Van Hoof Still Favorite
Van Hoof will surely end up being the favorite going into tonight’s finale, as he’s a commanding chip lead, plus a vast level of tournament experience. However, there’s an abundance of play left in those chips. Lying in second, Jacobson is an excellent bet, too; a hugely consistent competition player, he’s $4.8 million in lifetime live tournament earnings, topping the Swedish money list. Few players have actually made more EPT final tables than Jacobson, yet that major first-place finish still eludes him. Could this be their year?
And the wild card could be online player Felix Stephensen, who decided to enter the Main Event with his winnings after wagering that Holland would beat Australia precisely 3-2 in the World 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 their company’s future, despite near to one billion dollars in losings into the third quarter alone. (Image: Vince Talotta/Toronto Star)
Caesars Entertainment is the 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 debt load that is highest by far, new reports of posted Q3 losings of $908.1 million can only just compound Caesars’ woes. Despite being perhaps the most recognized casino conglomerate in the world, Caesars’ level of debt is colossal, standing at $22.88 billion during the end of September.
The business happens to be engaged in a battle with its creditors and bondholders in a bid to restructure some $18 billion of that stranglehold obligation.
Caesars acquired most of its debt when the outfit went private in 2008, after having a $30.1 billion takeover by Apollo worldwide Management and TPG Capital, just as the downturn that is economic. As the recession ravaged the land-based casino industry in America, Caesars, with its 50 gambling enterprises across the US, was hit the hardest.
The company announced its intent to restructure its debt back in May, which analysts have said is just a necessity so as to prevent 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 certainly were attempting to impede its efforts to restructure, and the business is currently undergoing private negotiations with banking institutions and lenders nonetheless.
Loveman would not divulge details this on the progress of the talks, other than to say that Caesars was ‘keenly focused on deleveraging’ the balance sheet week.
‘While it really is premature to report regarding the details of these negotiations with creditors, its fair to express that the talks have already been constructive,’ Loveman stated. ‘Further, we have been intensely concentrated on ensuring operating costs are aligned with the current environment to enhance profitability.’
The business’s web loss for the quarter ended up being 19.3 percent more than its net loss in the quarter that is third 12 months ago; but, income actually increased, to $2.212 billion, which Loveman said was driven mainly by Caesars’ social and mobile gaming operations, and reflected ‘strength in the interactive business, stabilizing trends regionally, and generally good performance in Las vegas, nevada.’
Caesars Interactive Entertainment (CIE), a subsidiary of Caesars Growth Partners (CGP), has seen revenue that is net to $161.6 million. CGP has made four acquisitions of social gaming development businesses over the previous few years and has announced its intention to ‘be number 1 in the casino genre on mobile and Facebook.’
Meanwhile, CIE operates the popular WSOP.com on line poker brand in Nevada and New Jersey.
Loveman said 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 Las Vegas Strip casino also had been hit by ‘a decline in high-end international play.’
Nevertheless, he additionally stated he was upbeat about the growth that is year-on-year of vegas tourism industry, specially regarding the Strip. ‘The trend reinforces our confidence in the investments we now have made on the Strip,’ he said. ‘Our new assets in Las Vegas have added value that is significant our profile.
‘Moving forward, we see several characteristics that bode well for our future, including signs of improvement in regional markets, given limited supply growth and greater traction from our investments in hospitality and activity offerings across our community,’ he included.
Sweden’s Martin Jacobson Sweeps World Series of Poker Main Event
Martin Jacobson is the first player from Sweden to win the WSOP Main Event. (Image: GutshotMagazine.com)
Martin Jacobson of Sweden won the planet number of Poker (WSOP) Main Event on Tuesday night, making a set of tens on the final hand to claim poker’s biggest championship. Jacobson’s success marked his first WSOP bracelet win, and also came with ten dollars million in prize cash.
Jacobson’s work was one of the more impressive Main that is WSOP Event in recent history. The Swedish poker pro ended up being the leader at the end of Day 1A, and remained among the chip leaders virtually through the entire occasion until the last table, where he entered just in eighth place having a relatively short stack.
But slotsforfun-ca.com Jacobson played brilliantly at the final table, seemingly making moves at the right times to keep up their stack and chip up whenever possible. By the time play broke after a long monday session, Jacobson sat in 2nd destination with only three players remaining in contention.
Van Hoof Knocked Out in Third Put
It’s 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 final table and the ultimate three with the chip lead, but failed to find any success during his last three hours into the tournament.
On his hand that is final Hoof held A5 of diamonds and moved all in for 46.2 million potato chips. Jacobson called with AT, installing an elimination that is potential. 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 destination.
‘ In the end, I finished 3rd in the WSOP Main Event,’ Van Hoof said. ‘So, I can’t complain.’
Jacobson Pulls Away in Heads-Up Battle
That eradication set the stage for the heads-up battle between Jacobson, who now had 142 million in chips, and Norway’s Felix Stephensen, who had 58.5 million. Stephensen found some minor success early, however the Swede fundamentally pulled away, pushing his opponent to under 30 million chips after a little more than one hour of heads-up play.
That left Stephensen in a position where all-in moves had been likely the smartest choice to get back to the fight. Both players moved all-in without being called on a few occasions prior to the hand that is final decided the tournament once and for all.
On that tactile hand, Stephensen launched the action by raising to 3.5 million chips on the switch. Jacobson almost immediately moved all in, and Stephensen quickly required his last 28.3 million in chips. Stephensen showed his A9 of hearts, but he had been well behind Jacobson’s pocket tens.
Jacobson’s buddies and fans began calling for a ten through the rail, and their request was granted as the flop came 3-9-T. Stephensen had enhanced because well, but he now needed two cards to overcome Stephensen’s three tens. When a master came on the turn, the tournament was over; the four on the river only caused it to be 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 this kind of result that is impressive. Due to the fact runner-up, Stephensen won $5,147,911.
For Jacobson, the win is a capstone on a profession which includes been quite effective. He had currently won over $4.8 million in their tournament career before their WSOP victory, and was widely regarded as the many accomplished player during the table that is final. He’s now 1st Swedish player to win the WSOP Main Event and the winningest tournament poker player in the world’s history.