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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 World number of Poker final table is down to three players, with Dutchman Jorryt van Hoof finishing yesterday’s play as he started, with the chip lead and bossing the table around.
And despite Phil Hellmuth’s once disparaging remark about ‘Northern European idiots,’ three players hailing from the upper section of that very continental landmass have bagged on their own gold, silver and bronze in this race, with the very last great American hope, Will Tonking from New Jersey, bowing out gracefully in fourth.
Joining van Hoof tonight to try out for the biggest title in poker are 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 insurmountable chip lead of 89.6 million. Tonight, the players will compete for the prize that is top of10 million plus the title of World Champion.
November Nine play started off 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 first elimination, whenever it came, was extraordinary, in that it had been Mark Newhouse, the guy who finished ninth year that is last. Someone determined that the odds of Newhouse making tables that are back-to-back final 524,558-1, so that the odds of him completing ninth twice should be off 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. But, if it’s any consolation, some may think that coming in ninth twice is just a tad more impressive than winning the whole thing once, albeit somewhat less lucrative. Newhouse picked up $ 730,725, for his amazing ninth place finish, two and a half grand less than he won this past year.
Very entertaining performances of the night had been that of Billy Pappas, a fooseball that is celebrated from Massachusetts, who began the table as one of the short stacks, then became the particular shortstack, before doubling through twice to suddenly find himself second in potato 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 head that is a-J on Martin Jacobson’s pocket fives. A five on the flop crippled Pappas and he was out next hand in 5th, picking up a handsome $2,143,794 for his crazy ride.
Van Hoof Still Favorite
Van Hoof will definitely function as the favorite going into tonight’s finale, as he’s a commanding chip lead, plus a vast level of tournament experience. However, there’s lots of play left in those chips. Lying in second, Jacobson is a great bet, too; a hugely consistent tournament player, he has $4.8 million in life time live quick hits fever slot machine tournament earnings, topping the money list that is swedish. Few players have actually made more EPT tables that are final Jacobson, yet that major first-place finish still eludes him. Year could this be his?
While the card that is wild be online player Felix Stephensen, who decided to enter the Main Event together with winnings after betting that Holland would beat Australia exactly 3-2 in the planet Cup. Tonight Stephensen has already parlayed that $1,000 bet into at least $3.8 million, the minimum each player will win.
Caesars Entertainment Tanks with $908.1 Million in Third Quarter losings
Caesars Entertainment CEO Gary Loveman is bullish on their company’s future, despite near to one billion dollars in losses into the third quarter alone. (Image: Vince Talotta/Toronto Star)
Caesars Entertainment is the company to compare your self 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 definitely, 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 during the end of September.
The organization 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 most of its debt when the outfit went private in 2008, following 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 hit the hardest.
The company announced its intent to restructure its debt back in May, which analysts have said is a necessity so as in order to avoid bankruptcy. While not eliminating any long-term obligation, the procedure would eradicate more than $1 billion of payments due in 2015.
This in turn, said CEO Gary Loveman, would ‘lay the foundation for both de-leveraging that is significant value creation at Caesars Entertainment.’
Caesars Interactive Doubles Revenue
In August, the casino giant filed a lawsuit against a number of its investors, claiming these people were trying to impede its efforts to restructure, plus the company happens to be undergoing personal negotiations with banking institutions and lenders nevertheless.
Loveman wouldn’t normally divulge details this on the progress of the talks, other than to say that Caesars was ‘keenly focused on deleveraging’ the balance sheet week.
‘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 focused on ensuring operating expenses are aligned with the present environment to enhance profitability.’
The company’s web loss for the quarter ended up being 19.3 percent greater than its net loss in the quarter that is third year ago; nonetheless, revenue really 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 purchases of social gaming development organizations on the past years that are few has declared its intention to ‘be number 1 in the casino genre on mobile and Facebook.’
Meanwhile, CIE operates the popular WSOP.com online poker brand in Nevada and New Jersey.
Loveman stated that the company’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 working. He said the Las Vegas Strip casino also ended up being struck by ‘a decline in high-end international play.’
But, he also said he was positive about the growth that is year-on-year of vegas tourism industry, particularly in the Strip. ‘The trend reinforces our confidence in the investments we’ve made on the Strip,’ he said. ‘Our new assets in Las Vegas have added value that is significant our profile.
‘Moving ahead, we see several dynamics that bode well for our future, including signs of improvement in local markets, offered restricted supply development and greater traction from our investments in hospitality and entertainment offerings across our network,’ he included.
Sweden’s Martin Jacobson Sweeps World Series of Poker Principal 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 group of Poker (WSOP) Main Event on Tuesday evening, making a set of tens on the final hand to claim poker’s championship that is biggest. Jacobson’s success marked their WSOP that is first bracelet, and also included ten dollars million in prize money.
Jacobson’s effort was one of the more impressive WSOP Main Event shows in recent history. The Swedish poker professional ended up being the leader by the end of Day 1A, and remained among the chip leaders virtually through the entire event until the final table, where he entered just in eighth place having a stack that is relatively short.
But Jacobson played brilliantly at the last table, seemingly making techniques at the perfect times to keep his stack and chip up whenever possible. By the time play broke after a long monday session, Jacobson sat in 2nd spot with only three players remaining in contention.
Van Hoof Knocked Out in Third Place
It’s hard to imagine being disappointed with a 3rd place finish at the WSOP Main Event and a $3,807,753 prize, but Jorryt van Hoof could legitimately feel as though he should have done better. He entered both the final table and the final three with the chip lead, but failed to find any success during his last three hours within the tournament.
On their hand that is final Hoof held A5 of diamonds and moved all in for 46.2 million potato chips. Jacobson called with AT, creating an elimination that is potential. Van Hoof hit a five on the flop, but Jacobson also improved having a ten. The turn and river both came down as queens, giving Jacobson the pot and taking van Hoof out in third destination.
‘ In the end, we finished third in the WSOP Main Event,’ Van Hoof said. ‘So, I can’t complain.’
Jacobson Pulls Away in Heads-Up Battle
That reduction set the stage for a 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 discovered some minor success early, but the Swede eventually pulled away, pushing his opponent to under 30 million chips after having a little more than an hour of heads-up play.
That left Stephensen in a position where all-in moves were likely the option that is best to get back to the fight. Both players moved all-in without being called on a few occasions ahead of the hand that is final decided the tournament once and for all.
On that tactile hand, Stephensen opened the action by raising to 3.5 million chips on the key. Jacobson very nearly immediately moved all in, and Stephensen quickly needed his last 28.3 million in chips. Stephensen showed his A9 of hearts, but he was well behind Jacobson’s pocket tens.
Jacobson’s buddies and fans began calling for the ten through the rail, and their request was granted as the flop came 3-9-T. Stephensen had enhanced since well, but he now needed two cards to overcome Stephensen’s three tens. When a king arrived on the turn, the competition was over; the four on the river only caused it to be official, as Jacobson ended up being crowned as 2014’s World Champion.
Stephensen’s run through the field of 6,683 players may have ended in second place, but he will still be well-rewarded for such an impressive result. Since the runner-up, Stephensen won $5,147,911.
For Jacobson, the win is a capstone on a lifetime career which includes recently been quite effective. He had already won over $4.8 million in their tournament career before their WSOP victory, and was commonly regarded as the many accomplished player at the table that is final. He’s now initial Swedish player to win the WSOP Main Event and also the winningest tournament poker player in the country’s history.