Favorite Jorryt van Hoof will go fully into the WSOP Final Table finale as chip leader tonight, as three players battle for the $10 million prize that is first.
The planet group of Poker last dining 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 through the upper part of that very landmass that is continental bagged 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 relax and play for the title that is biggest 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 chip that is insurmountable of 89.6 million. Tonight, the players will compete free quick hits slot game for a top prize of $10 million and the title of World Champion.
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. The very first elimination, whenever it came, was extraordinary, in it ended up being Mark Newhouse, the guy whom finished ninth year that is last. Someone figured out that the odds of Newhouse making back-to-back final tables was 524,558-1, therefore the odds of him completing ninth twice should be off the chart.
It had to have been particularly galling for Newhouse, because he started the table that is final in chips and a respectable 65 big blinds. But, if it’s any consolation, some may believe coming in ninth twice is really a tad more impressive than winning the thing that is whole, albeit somewhat less lucrative. Newhouse picked up $ 730,725, for his incredible ninth place finish, two and a half grand less than he won year that is last.
One of the more entertaining performances associated with night was compared to Billy Pappas, a fooseball that is celebrated from Massachusetts, who began the table as one of 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 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 5th, selecting up a handsome $2,143,794 for his crazy ride.
Van Hoof Nevertheless Favorite
Van Hoof will certainly end up being the favorite going into tonight’s finale, as he’s a commanding chip lead, plus a vast quantity of tournament experience. However, there is a lot of play left in those potato chips. Lying in 2nd, Jacobson is an excellent bet, too; a hugely constant competition player, he’s got $4.8 million in life time real time 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. Could this be their year?
While the crazy 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 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 Losses
Caesars Entertainment CEO Gary Loveman is bullish on their company’s future, despite near to one billion dollars in losings within 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 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 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, after having a $30.1 billion takeover by Apollo worldwide Management and TPG Capital, simply 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 struck the hardest.
The company announced its intent to restructure its debt back in May, which analysts have actually stated is just a necessity in an effort in order to avoid bankruptcy. While not eliminating any long-lasting obligation, the procedure would eradicate more than $1 billion of payments due in 2015.
As a result, 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 several of its investors, claiming they certainly were attempting to impede its efforts to restructure, therefore the business is currently undergoing personal negotiations with banks and lenders nonetheless.
Loveman will never divulge details this week on the progress of the speaks, other than to say that Caesars was ‘keenly focused on deleveraging’ the balance sheet.
‘While it is premature to report regarding the details of these negotiations with creditors, its fair to say that the talks are constructive,’ Loveman stated. ‘Further, we are extremely concentrated on ensuring operating expenses are aligned with the environment that is current enhance profitability.’
The business’s web loss for the quarter had been 19.3 percent higher than its net loss in the 3rd quarter a year ago; nonetheless, income 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.’
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 organizations within the past years that are few has declared its intention to ‘be number one in the casino genre on mobile and Facebook.’
Meanwhile, CIE operates the popular WSOP.com on line poker brand in Nevada and nj-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.’
Nevertheless, he also stated he was positive about the growth that is year-on-year of Las vegas, nevada tourism industry, specially on the Strip. ‘The trend reinforces our self- confidence in the investments we now have made on the Strip,’ he said. ‘Our new investments 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 limited supply growth and greater traction from our investments in hospitality and entertainment offerings across our community,’ he added.
Sweden’s Martin Jacobson Sweeps World Series of Poker Principal Event
Martin Jacobson may be the first player from Sweden to win the WSOP Main Event. (Image: GutshotMagazine.com)
Martin Jacobson of Sweden won the World number of Poker (WSOP) Main Event on Tuesday night, 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 award money.
Jacobson’s work was one of the more impressive WSOP Main Event performances in recent history. The Swedish poker professional had been the leader at the conclusion of Day 1A, and remained among the chip leaders virtually through the entire occasion until the final dining table, where he entered only in eighth place with a stack that is relatively short.
But Jacobson played brilliantly at the table that is final seemingly making techniques at the perfect times to keep up his stack and chip up whenever you can. 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 Spot
It’s 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 should 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 their final hand, van Hoof held A5 of diamonds and relocated all in for 46.2 million chips. Jacobson called with AT, establishing a potential reduction. 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 taking van Hoof out in third place.
‘ In the final end, we completed 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 battle that is heads-up Jacobson, who now had 142 million in potato chips, and Norway’s Felix Stephensen, that has 58.5 million. Stephensen found some minor success early, nevertheless the Swede eventually 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 had been likely the best option to return in 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 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 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 started calling for the ten through the rail, and their request was granted as the flop came 3-9-T. Stephensen had improved as well, but he now needed two cards to overcome Stephensen’s three tens. When a master arrived on the turn, the tournament 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 could have ended in 2nd place, but he will still be well-rewarded for this kind of impressive result. Once the runner-up, Stephensen won $5,147,911.
For Jacobson, the win is a capstone on a vocation which has been quite effective. He had currently won over $4.8 million in his tournament career before his WSOP victory, and was widely regarded as the most accomplished player during the table that is final. He is now 1st Swedish player to win the WSOP Main Event and also the winningest tournament poker player in the world’s history.