Favorite Jorryt van Hoof will go in to the WSOP Final Table finale as chip leader tonight, as three players battle for a $10 million first prize.
The World 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 past great American hope, Will Tonking from New Jersey, bowing out gracefully in fourth.
Joining van Hoof tonight to relax and play 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 a top prize of $10 million and also 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 straight down to three. The first elimination, whenever it came, was extraordinary, in that it ended up being Mark Newhouse, the guy whom completed ninth a year ago. Someone determined that the chances of Newhouse making back-to-back final tables was 524,558-1, therefore the odds of him finishing ninth twice must certanly be from the chart.
It required been particularly galling for Newhouse, because he started the final table third in chips and a respectable 65 big blinds. However, if it is any consolation, some may think that coming in ninth twice is a tad more impressive than winning the thing that is whole, albeit slightly less lucrative. Newhouse picked up $ 730,725, for their incredible ninth place finish, two and a half grand less than he won year that is last.
One of the most entertaining performances for the night had been that of Billy Pappas, a celebrated fooseball champ 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 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 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 their wild ride.
Van Hoof Nevertheless Favorite
Van Hoof will certainly function as the favorite going into tonight’s finale, as he’s a chip that is commanding, along with a vast amount of competition experience. However, there’s an abundance of play left in those chips. Lying in second, Jacobson is good bet, too; a hugely constant tournament 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. Year could this be his?
As well as the card that is wild be online player Felix Stephensen, who chose to enter the Main Event together with his winnings after betting that Holland would beat Australia exactly 3-2 in the planet Cup. Stephensen has recently parlayed that $1,000 bet into at least $3.8 million, the minimum each player will win tonight.
Caesars Entertainment Tanks with $908.1 Million in Third Quarter losings
Caesars Entertainment CEO Gary Loveman is bullish on their company’s future, despite close to one billion dollars in losses into 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 about your spending habits or bank statements.
Already much-chastened with the casino industry’s debt load that is highest undoubtedly, brand new reports of posted Q3 losses of $908.1 million can only just compound Caesars’ woes. Despite being perhaps the most recognized casino conglomerate in the world, Caesars’ level of financial obligation is colossal, standing at $22.88 billion at the end of September.
The organization is 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 a $30.1 billion takeover by Apollo worldwide Management and TPG Capital, simply 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 actually stated is just a necessity to be able to avoid bankruptcy. Whilst not eliminating any long-lasting obligation, the procedure would eradicate a lot more than $1 billion of repayments 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 case against many of its investors, claiming they certainly were wanting to impede its efforts to restructure, plus the business happens to be undergoing negotiations that are private banks and lenders even now.
Loveman wouldn’t normally divulge details this week on the progress of the talks, other than to say that Caesars was ‘keenly focused on deleveraging’ the balance sheet.
‘While its premature to report in the details of these negotiations with creditors, it really is fair to state that the talks are constructive,’ Loveman said. ‘Further, we’re extremely concentrated on ensuring operating costs are aligned with the present environment to enhance profitability.’
The company’s web loss for the quarter was 19.3 percent more than its net loss in the quarter that is third 12 months ago; nevertheless, 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 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 organizations 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 on the web poker brand in Nevada and New Jersey.
Loveman stated that the company’s profits had suffered because of ‘unfavorable hold’ in the casino at Caesars Palace, which had cost the ongoing company around $35 million in operating. He said the vegas Strip casino also was struck by ‘a decline in high-end international play.’
Nonetheless, he additionally stated he was positive about the year-on-year growth associated with the Las Vegas tourism industry, especially 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 several dynamics that bode well for the future, including signs of improvement in regional markets, given supply that is limited and greater traction from our investments in hospitality and slotsforfun-ca.com entertainment offerings across our system,’ he added.
Sweden’s Martin Jacobson Sweeps World Series of Poker Main Event
Martin Jacobson could be 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 biggest championship. Jacobson’s triumph marked his first WSOP bracelet winnings, and also included ten dollars million in reward 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 by the end of Day 1A, and remained among the chip leaders virtually throughout the entire occasion until the last table, where he entered just in eighth place having a reasonably short stack.
But Jacobson played brilliantly at the last table, seemingly making techniques at the right times to steadfastly keep up his stack and chip up whenever possible. By the time play broke after A monday that is long session Jacobson sat in second spot with only three players remaining in contention.
Van Hoof Knocked Out in Third Spot
It is difficult 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 dining table and the last three with the chip lead, but failed to find any success during his last three hours into the tournament.
On their last hand, van Hoof held A5 of diamonds and relocated all in for 46.2 million potato chips. Jacobson called with AT, establishing 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 spot.
‘ 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 removal 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 discovered some minor success early, nevertheless the Swede fundamentally pulled away, pushing his opponent to under 30 million chips after having a little more than one hour of heads-up play.
That left Stephensen in a position where all-in moves were likely the best option to reunite 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 as soon as as well as for all.
On that hand, Stephensen opened the action by raising to 3.5 million chips on the button. Jacobson very nearly immediately moved all in, and Stephensen quickly required 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 through the rail, and their request was granted as the flop came 3-9-T. Stephensen had improved because well, but he now required two cards to overcome Stephensen’s three tens. Each time a master 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 might have ended in 2nd place, but he’ll still be well-rewarded for such an impressive outcome. Because the runner-up, Stephensen won $5,147,911.
For Jacobson, the win is a capstone on a profession that has recently been quite successful. He had already won over $4.8 million in his tournament career before their WSOP victory, and was commonly regarded as the many accomplished player during the final table. He’s now the initial Swedish player to win the WSOP Main Event and the winningest tournament poker player in the nation’s history.