
Favorite Jorryt van Hoof will go into the WSOP Final Table finale as chip leader tonight, as three players battle for the $10 million first prize.
The planet variety of Poker table that is final 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 through the upper element of that very landmass that is continental bagged by 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 try out for the title that is biggest 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 a prize that is top of10 million therefore 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. 1st elimination, when it came, was extraordinary, in it was Mark Newhouse, the guy whom completed ninth last year. Someone identified 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 off the chart.
It needed been particularly galling for Newhouse, because he started the final table third in chips and a respectable 65 big blinds. Nevertheless, if it’s any consolation, some may believe coming in ninth twice is really a tad more impressive than winning the whole thing once, albeit somewhat less lucrative. Newhouse picked up $ 730,725, for their amazing ninth destination finish, two and a half grand less than he won last year.
Fooseball Champion
Perhaps one of the most entertaining performances for the night had been that of 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 not to ever be for Pappas, whose run came to an end when he ran their A-J mind on into Martin Jacobson’s pocket fives. A five on the flop crippled Pappas and he had been out next hand in fifth, choosing up a handsome $2,143,794 for their crazy ride.
Van Hoof Nevertheless Favorite
Van Hoof will surely function as the favorite going into tonight’s finale, as he’s a chip that is commanding, plus a vast quantity of tournament experience. However, there is an abundance of play left in those chips. Lying in second, Jacobson is a great bet, too; a hugely consistent competition player, he’s got $4.8 million in life time real time tournament earnings, topping the free online slot games quick hits 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. Could this be his year?
And also the crazy card could be online player Felix Stephensen, who chose to enter the Main Event along with his winnings after betting that Holland would beat Australia exactly 3-2 in the entire 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 losses into the quarter that is third. (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 by far, new reports of posted Q3 losings of $908.1 million can only compound Caesars’ woes. Despite being possibly 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 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 nearly all of its debt when the outfit went private in 2008, after a $30.1 billion takeover by Apollo worldwide Management and TPG Capital, just as the financial downturn hit. 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 stated is a necessity in an effort to avoid bankruptcy. Whilst not eliminating any long-term obligation, the process would eradicate more than $1 billion of payments due in 2015.
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 a lawsuit against several of its investors, claiming these were trying to impede its efforts to restructure, as well as the business is currently undergoing personal negotiations with banking institutions and lenders even now.
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, we’re intensely concentrated on ensuring operating expenses are aligned with the environment that is current enhance profitability.’
The business’s net loss for the quarter was 19.3 percent more than its net loss in the third quarter a 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 vegas.’
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 companies within the past 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 online poker brand in Nevada and nj-new Jersey.
Unfavorable Hold
Loveman said that the company’s profits had suffered as a result of ‘unfavorable hold’ in the casino at Caesars Palace, which had cost the ongoing company around $35 million in operating. He said the Las Vegas Strip casino also was hit by ‘a decline in high-end international play.’
However, he also said he was upbeat about the year-on-year growth of this Las 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 opportunities in Las Vegas have added value that is significant our profile.
‘Moving ahead, we see a few dynamics that bode well for our future, including signs of improvement in local markets, provided supply that is limited 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 Principal Event
Martin Jacobson could be the first player from Sweden to win the WSOP Main Event. (Image: GutshotMagazine.com)
Martin Jacobson of Sweden won the planet variety of Poker (WSOP) Main Event on Tuesday evening, making a set of tens in the final hand to claim poker’s championship that is biggest. Jacobson’s victory marked his first WSOP bracelet winnings, and also was included with $10 million in reward money.
Jacobson’s work was one of the more impressive WSOP Main Event performances in recent history. The Swedish poker pro was the leader at the end of Day 1A, and remained among the chip leaders virtually through the entire occasion until the final dining table, where he entered just in eighth place having a fairly short stack.
But Jacobson played brilliantly at the table that is final seemingly making moves at an ideal times to keep up his stack and chip up whenever feasible. By the time play broke after A monday that is long 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 3rd place finish at the WSOP Main Event and a $3,807,753 prize, but Jorryt van Hoof could legitimately feel as though he needs to 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 in the tournament.
On his hand that is final Hoof held A5 of diamonds and relocated all in for 46.2 million potato chips. Jacobson called with AT, establishing a prospective removal. Van Hoof hit a five on the flop, but Jacobson also improved by having a ten. The turn 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 3rd in the WSOP Main Event,’ Van Hoof said. ‘So, I can not 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 found some success that is minor, nevertheless the Swede sooner or later pulled away, pushing his opponent to under 30 million chips after a little more than an hour of heads-up play.
That left Stephensen in a position where all-in moves had been most likely the most suitable choice 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 when and for all.
On that hand, Stephensen started the action by raising to 3.5 million chips on the button. Jacobson nearly immediately moved all in, and Stephensen quickly required his final 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 started calling for the ten from 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. Each time a king arrived on the turn, the competition was over; the four on the river only managed to get official, as Jacobson was crowned as 2014’s World Champion.
Stephensen’s run through the field of 6,683 players could have ended in 2nd place, but he’ll still be well-rewarded for such an result that is impressive. While the runner-up, Stephensen won $5,147,911.
For Jacobson, the win is a capstone on a lifetime career that has been quite effective. He had currently won over $4.8 million in their tournament career before his WSOP victory, and was commonly regarded as the many accomplished player during the final table. He could be now the initial Swedish player to win the WSOP Main Event as well as the winningest tournament poker player in the country’s history.