Favorite Jorryt van Hoof will go in to the WSOP Final Table finale as chip frontrunner tonight, as three players battle for a $10 million prize that is first.
The World Series of Poker final 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 from the upper section of that very landmass that is continental bagged themselves gold, silver and bronze in this race, with the final great American hope, Will Tonking from New Jersey, bowing out gracefully in fourth.
Joining van Hoof tonight to relax and play for the title that is biggest in poker are 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 prize that is top of10 million therefore 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. 1st elimination, whenever it came, was extraordinary, in that it was Mark Newhouse, the guy whom finished ninth year that is last. Someone identified that the odds of Newhouse making back-to-back final tables was 524,558-1, so the odds of him completing ninth twice should be off the chart.
It required been particularly galling for Newhouse, because he started the table that is final in potato 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 thing that is whole, albeit slightly less lucrative. Newhouse picked up $ 730,725, for his amazing ninth spot finish, two and a half grand less than he won year that is last.
One of the most entertaining performances associated with night was 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 potato chips.
We all love a rags-to-riches tale, but alas is was never to be for Pappas, whose run came to an end when he ran their A-J head 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 wild ride.
Van Hoof Still Favorite
Van Hoof will surely function as the favorite going into today’s finale, as he’s got a commanding chip lead, and also a vast quantity of competition experience. However, there is a great amount of play left in those potato chips. Lying in 2nd, Jacobson is a good bet, too; a hugely constant competition player, he has $4.8 million in lifetime real time tournament earnings, topping the Swedish money list. Few players have actually made more EPT tables that are final Jacobson, yet that major first-place finish still eludes him. Could this be their year?
Therefore the crazy card could be online player Felix Stephensen, who decided to enter the Main Event along with his winnings after betting that Holland would beat Australia precisely 3-2 in the entire world Cup. Stephensen has 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 near to one billion dollars in losses into the quarter that is third. (Image: Vince Talotta/Toronto Star)
Caesars Entertainment is the ongoing 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 greatest financial obligation load by far, brand new reports of posted Q3 losses of $908.1 million can just only compound Caesars’ woes. Despite being perhaps the most casino that is recognized in the world, Caesars’ level of financial obligation is colossal, standing at $22.88 billion at the end of September.
The company is 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 Global Management and TPG Capital, just as the downturn that is economic. 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 analysts have actually stated is a necessity so as 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 Revenue
In August, the casino giant filed a lawsuit against a number of its investors, claiming these people were attempting to impede its efforts to restructure, and also the company is undergoing personal negotiations with banks and lenders nonetheless.
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.
‘While it really is premature to report in the details of these negotiations with creditors, its fair to say that the talks have been constructive,’ Loveman said. ‘Further, we’re extremely focused on ensuring operating expenses are aligned with the environment that is current enhance profitability.’
The company’s web loss for the quarter was 19.3 percent higher than its net loss in the third quarter a year ago; however, revenue 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 vegas.’
Caesars Interactive Entertainment (CIE), a subsidiary of Caesars Growth Partners (CGP), has seen net income double to $161.6 million. CGP has made four acquisitions of social gaming development businesses on 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 online poker brand in Nevada and nj-new Jersey.
Loveman said that the company’s profits had suffered because of ‘unfavorable hold’ in the casino at Caesars Palace, which had cost the business around $35 million in running. He said the nevada Strip casino also had been hit by ‘a decline in high-end international play.’
Nonetheless, he additionally said he was upbeat about the growth that is year-on-year of nevada tourism industry, especially in the Strip. ‘The trend reinforces our self- confidence in the investments we’ve made on the Strip,’ he said. ‘Our new assets in Las Vegas have added significant value to our profile.
‘Moving ahead, we come across several dynamics that bode well for our future, including signs of improvement in regional markets, provided restricted supply growth and greater traction from our investments in hospitality and entertainment offerings across our community,’ he included.
Sweden’s Martin Jacobson Sweeps World Series of Poker Principal Event
Martin Jacobson is 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 on the final hand to claim poker’s biggest championship. Jacobson’s victory marked their WSOP that is first bracelet, and also included ten dollars million in prize money.
Jacobson’s effort was one of the more impressive WSOP Main Event performances in recent history. The Swedish poker professional was the leader by the end of Day 1A, and remained among the chip leaders virtually throughout the entire event until the last table, where he entered only in eighth place by having a stack that is relatively short.
But Jacobson played brilliantly at the last table, seemingly making techniques at the perfect times to steadfastly 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 second spot with only three players remaining in contention.
Van Hoof Knocked Out in Third Destination
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 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 their last hand, van Hoof held A5 of diamonds and moved all in for 46.2 million potato chips. Jacobson called with AT, installing a prospective elimination. Van Hoof hit a five on the flop, but Jacobson also improved with a ten. The change and river both came down as queens, giving Jacobson the pot and taking van Hoof out in third place.
‘ In the final end, I completed third in the WSOP Main Event,’ Van Hoof said. ‘So, I can not complain.’
Jacobson Pulls Away in Heads-Up Battle
That elimination set the stage for a heads-up battle between Jacobson, who now had 142 million in chips, and Norway’s Felix Stephensen, that has 58.5 million. Stephensen discovered some small success early, nevertheless the Swede ultimately pulled away, pushing his opponent to under 30 million chips after having a little more than an hour of heads-up play.
That left Stephensen in a position where all-in moves had been likely the option that is best 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 tactile hand, Stephensen started the action by raising to 3.5 million chips on the switch. Jacobson very nearly immediately moved all in, and Stephensen quickly called for his final 28.3 million in chips. Stephensen showed his A9 of hearts, but he was well behind Jacobson’s pocket tens.
Jacobson’s buddies and fans started quick hits slot machine app calling for a ten through the rail, and their request was granted as the flop arrived 3-9-T. Stephensen had enhanced since well, but he now needed two cards to overcome Stephensen’s three tens. Whenever a master came on the turn, the competition was over; the four on the river only made it official, as Jacobson was crowned as 2014’s World Champion.
Stephensen’s run through the field of 6,683 players might have ended in second place, but he can still be well-rewarded for this kind of result that is impressive. While the runner-up, Stephensen won $5,147,911.
For Jacobson, the win is a capstone on a career who has already been quite effective. He had already won over $4.8 million in his tournament career before his WSOP victory, and was commonly regarded as the many accomplished player during the final table. He is now the initial Swedish player to win the WSOP Main Event and the winningest tournament poker player in the nation’s history.