Favorite Jorryt van Hoof will go into the WSOP Final Table finale as chip leader tonight, as three players battle for a $10 million prize that is first.
The planet variety of Poker last dining 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 landmass that is continental bagged on their own gold, silver and bronze in this race, with the very last 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 also the title of World Champion.
November Nine play started out 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. 1st elimination, whenever it came, was extraordinary, in that it ended up being Mark Newhouse, the guy who completed ninth last year. Someone figured out that the odds of Newhouse making tables that are back-to-back final 524,558-1, so the odds of him completing ninth twice must 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 whole thing once, albeit somewhat less lucrative. Newhouse picked up $ 730,725, for his incredible ninth destination finish, two and a half grand less than he won this past year.
Probably one of the most entertaining performances regarding the night had been that of Billy Pappas, a celebrated fooseball champ 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 story, but alas is was not to 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 5th, picking up a handsome $2,143,794 for his crazy ride.
Van Hoof Nevertheless Favorite
Van Hoof will definitely end up being the favorite going into tonight’s finale, as he’s a chip that is commanding, and also a vast level of tournament experience. However, there’s lots of play left in those chips. Lying in 2nd, Jacobson is good bet, too; a hugely constant tournament player, he has $4.8 million in life time real time tournament earnings, topping the money list that is swedish. Few players have actually made more EPT final tables than Jacobson, yet that major first-place finish still eludes him. Could this be his year?
And the wild card could be online player Felix Stephensen, who made a decision to enter the Main Event together with his winnings after betting that Holland would beat Australia exactly 3-2 in the World 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 his company’s future, despite near to one billion dollars in losings within 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 about your spending habits or bank statements.
Already much-chastened with the casino industry’s debt load that is highest by far, brand new reports of posted Q3 losings of $908.1 million can simply 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 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 worldwide Management and TPG Capital, just as the economic downturn hit. As the recession ravaged the land-based casino industry in America, Caesars, with its 50 casinos across the US, was struck the hardest.
The company announced its intent to restructure its debt back in May, which slotsforfun-ca.com analysts have actually stated is really a necessity in an effort to prevent bankruptcy. Whilst not eliminating any long-lasting obligation, the process would eradicate significantly 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 case against a number of its investors, claiming these were wanting to impede its efforts to restructure, while the company happens to be undergoing personal negotiations with banks and lenders even now.
Loveman will never divulge details this week on the progress of the talks, apart from to say that Caesars had been ‘keenly focused on deleveraging’ the balance sheet.
‘While it really is premature to report regarding the information on these negotiations with creditors, it’s fair to state that the talks have now been constructive,’ Loveman stated. ‘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 more than its net loss in the quarter that is third 12 months ago; nevertheless, income really 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 Las 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 acquisitions of social gaming development businesses over the previous few years and 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 nj-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 business around $35 million in working. He said the Las vegas, nevada Strip casino also was hit by ‘a decline in high-end international play.’
Nevertheless, he additionally stated he was upbeat about the year-on-year development regarding the Las vegas, nevada tourism industry, particularly on the Strip. ‘The trend reinforces our self- confidence in the investments we now have made on the Strip,’ he said. ‘Our new assets in Las Vegas have added significant value to our portfolio.
‘Moving forward, we see a few characteristics that bode well for our future, including signs of improvement in regional markets, given 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 Main Event
Martin Jacobson may be the player that is first Sweden to win the WSOP Main Event. (Image: GutshotMagazine.com)
Martin Jacobson of Sweden won the planet Series of Poker (WSOP) Main Event on Tuesday evening, making a set of tens regarding the final hand to claim poker’s championship that is biggest. Jacobson’s victory marked their first WSOP bracelet winnings, and additionally was included with 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 pro had been the leader at 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 with a stack that is relatively short.
But Jacobson played brilliantly at the last table, 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 second spot with only three players remaining in contention.
Van Hoof Knocked Out in Third Spot
It is 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 if he must 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 into the tournament.
On his final hand, van Hoof held A5 of diamonds and relocated all in for 46.2 million chips. Jacobson called with AT, creating an elimination that is potential. Van Hoof hit a five on the flop, but Jacobson also improved with 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 elimination 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 discovered some minor success early, but the Swede fundamentally pulled away, pushing his opponent to under 30 million chips after a little more than an hour or so of heads-up play.
That left Stephensen in a position where all-in moves were likely the option that is best to reunite in to the fight. Both players moved all-in without being called on a few occasions before the final hand that decided the tournament once as well as for all.
On that tactile hand, Stephensen started the action by raising to 3.5 million chips on the button. Jacobson very nearly immediately moved all in, and Stephensen quickly required his final 28.3 million in chips. Stephensen showed his A9 of hearts, but he was well behind Jacobson’s pocket tens.
Jacobson’s friends and fans started 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. Whenever a king arrived on the turn, the tournament was over; the four on the river only made it official, as Jacobson had been crowned as 2014’s World Champion.
Stephensen’s run through the field of 6,683 players could have ended in second place, but he can still be well-rewarded for such an impressive result. As the runner-up, Stephensen won $5,147,911.
For Jacobson, the win is a capstone on a lifetime career which includes been already quite effective. He had currently won over $4.8 million in their tournament career before their WSOP victory, and was commonly regarded as the many accomplished player at the final table. He could be now the initial Swedish player to win the WSOP Main Event and the winningest tournament poker player in the nation’s history.