Favorite Jorryt van Hoof will go in to the WSOP Final Table finale as chip frontrunner tonight, as three players battle for the $10 million first prize.
The planet Series of Poker final 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 from the upper part of that very continental landmass have bagged themselves gold, silver and bronze in this race, with the final great American hope, Will Tonking from New Jersey, bowing away gracefully in fourth.
Joining van Hoof tonight to try out for the biggest title in poker will 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 top prize of $10 million and the title of World Champion.
November Nine play started off cagily, as you may expect for a tournament with millions of dollars at stake in which some of the pay jumps could purchase you a house or two. In fact, it took 12 hours to whittle nine down to three. 1st elimination, whenever it came, was extraordinary, in so it ended up being Mark Newhouse, the guy who completed ninth a year ago. Someone identified that the chances of Newhouse making tables that are back-to-back final 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. However, if it’s any consolation, some may believe coming in ninth twice is a tad more impressive than winning the whole thing once, albeit somewhat less lucrative. Newhouse picked up $ 730,725, for his amazing ninth destination finish, two and a half grand less than he won year that is last.
The most 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 actual shortstack, before doubling through twice to suddenly find himself second in potato chips.
We all love a rags-to-riches story, but alas is was to not 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 was out next hand in fifth, choosing up a handsome $2,143,794 for their crazy ride.
Van Hoof Still Favorite
Van Hoof will certainly be the favorite going into tonight’s finale, as he has a commanding chip lead, plus a vast amount of tournament experience. However, there is lots of play left in those potato chips. Lying in 2nd, Jacobson is good bet, too; a hugely consistent competition player, he has $4.8 million in life time live 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 slotsforfun-ca.com his?
Plus the card that is wild be online player Felix Stephensen, who chose to enter the Main Event with his winnings after betting that Holland would beat Australia precisely 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 his company’s future, despite close to one billion dollars in losings within the 3rd quarter alone. (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 debt load that is highest undoubtedly, new reports of posted Q3 losses 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 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 the majority of its debt when the outfit went private in 2008, following a $30.1 billion takeover by Apollo Global Management and TPG Capital, just as the economic downturn hit. 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 said is really a necessity in an effort in order to avoid bankruptcy. The process would eradicate more than $1 billion of payments due in 2015 while not eliminating any long-term liability.
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 Income
In August, the casino giant filed case against many of its investors, claiming they were wanting to impede its efforts to restructure, therefore the company is undergoing negotiations that are private banking institutions and lenders nonetheless.
Loveman will never 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 are intensely focused on ensuring operating expenses are aligned with the present environment to enhance profitability.’
The business’s net loss for the quarter had been 19.3 percent greater than its net loss in the third quarter a year 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.’
Caesars Interactive Entertainment (CIE), a subsidiary of Caesars Growth Partners (CGP), has seen net revenue double to $161.6 million. CGP has made four acquisitions of social gaming development organizations on 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 stated that the business’s profits had suffered because 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 was hit by ‘a decline in high-end international play.’
However, he also stated he was positive about the year-on-year development for the Las Vegas tourism industry, particularly on the Strip. ‘The trend reinforces our self- confidence in the investments we have made on the Strip,’ he said. ‘Our new opportunities in Las Vegas have added value that is significant our portfolio.
‘Moving forward, we see a few dynamics that bode well for our future, including signs of improvement in regional markets, provided supply that is limited and greater traction from our investments in hospitality and activity offerings across our network,’ he included.
Sweden’s Martin Jacobson Sweeps World Series of Poker Principal Event
Martin Jacobson is the very first player from Sweden to win the WSOP Main Event. (Image: GutshotMagazine.com)
Martin Jacobson of Sweden won the World Series of Poker (WSOP) Main Event on Tuesday evening, making a set of tens regarding the final hand to claim poker’s biggest championship. Jacobson’s success marked his WSOP that is first bracelet, and also was included with $10 million in prize cash.
Jacobson’s effort was one of the more impressive Main that is WSOP Event in recent history. The Swedish poker pro was the leader at the end of Day 1A, and remained among the chip leaders virtually throughout the entire occasion until the last dining table, where he entered only in eighth place having a relatively short stack.
But Jacobson played brilliantly at the table that is final seemingly making moves at an ideal times to keep their stack and chip up whenever feasible. By the time play broke after A monday that is long session Jacobson sat in 2nd place with only three players remaining in contention.
Van Hoof Knocked Out in Third Put
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 needs to have done better. He entered both the final table and the last three with the chip lead, but failed to find any success during his last three hours in the tournament.
On his final hand, van Hoof held A5 of diamonds and moved all in for 46.2 million potato chips. Jacobson called with AT, establishing a prospective elimination. 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 van that is taking out in third place.
‘ In the final end, I completed 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 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 eventually 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 were likely the option that is best to reunite to the fight. Both players moved all-in without being called on a few occasions ahead of the last hand that decided the tournament as soon as and for all.
On that hand, Stephensen exposed the action by raising to 3.5 million chips on the switch. Jacobson very nearly immediately moved all in, and Stephensen quickly called for their final 28.3 million in chips. Stephensen showed his A9 of hearts, but he had been well behind Jacobson’s pocket tens.
Jacobson’s friends and fans started calling for the 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. Each time a king arrived on the turn, the competition was over; the four on the river only made it official, as Jacobson ended up being 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 result that is impressive. Because 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 his tournament career before their WSOP victory, and was commonly regarded as the most accomplished player during the table that is final. He could be now the first player that is swedish win the WSOP Main Event as well as the winningest tournament poker player in the country’s history.