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Controversial Hand in the WSOP Main Event - 18th July 2012
Controversial Hand in the WSOP Main Event
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I have never been a poker tournament director, but I would imagine one of the most difficult aspects of the job is making rulings on hands in which there are both confusion and disagreement at the table. Especially in a situation where there are potentially millions of dollars at stake. Such was the case this weekend with a controversial hand deep into the 2012 World Series of Poker (WSOP) Main Event, a hand that may have shaped the rest of the tournament.
It was very late on Day 5, close to 1:00 in the morning, and there were about 100 players remaining of the original 6,598. The action at one of the tables folded all the way around to France’s Gaelle Baumann under the gun, who opened the pre-flop betting with a min-raise to 60,000. The button folded and then Andras Koroknai of Hungary moved all-in for somewhere around 2 million chips from the small blind. Gavin Smith then folded from the big blind and the action was back to Baumann, one of the tournament’s chip leaders.
But it wasn’t. As soon as Smith folded, Koroknai mucked his cards, thinking that the hand was over and that he had won. For whatever reason, he didn’t realize Baumann had raised or even bet anything at all. He thought he had been the first to act, so when Smith folded, the hand was finished. When he realized what he had done, he tried to retrieve his cards from the muck, but was only able to positively locate one of them.
Tournament Director Dennis Jones was called over and after some thought, he decided that Koroknai would lose the 60,000 chips that would have amounted to a call, but he would get to keep the rest of his stack. The players, particularly Baumann and Smith, were confused by the ruling, so Jones called WSOP VP Jack Effel, who confirmed the decision. Jones cited the “integrity of the tournament” as the reason for not requiring Koroknai to lose all of his chips.
As it turned out, Koroknai would go on to eliminate Baumann in 10th place a couple days later, dashing the hopes the poker community had of seeing the first woman at the Main Event final table since 1995, when Barbara Enright placed 5th (he also eliminated Elisabeth Hille in 11th place). Koroknai goes into the final table 2nd in chips.
When this hand was originally reported, much of the poker community was up in arms. It was an angleshoot! He mucked, he’s done! Too bad, don’t be so stupid next time! The outrage was deafening.
But here’s the thing, it was the correct ruling. Official WSOP rule 89 states:
All chips put into the pot in turn stay in the pot. If a Participant has raised and his or her hand is killed before the raise is called, the Participant may be entitled to the raise back, but will forfeit the amount of the call. Any chips put into the pot out of turn fall under the action “may or may not be binding” Rule No. 88.
Koroknai raised all-in. His hand was killed before the raise was called, albeit by Koroknai himself, but it was still killed. According to the rule, he gets his raise back, but loses the amount of the call which was 60,000 chips.
So really, case closed.
But even if that rule did not exist, if the Tournament Director had to just come up with a decision out of thin air, I still don’t have a problem with the ruling. I agree with the “integrity of the tournament” opinion (which also makes it seem like the Tournament Director did not remember the rule quoted above and was, in fact, just making a judgment call). From everything I have read, it does not appear that Koroknai was trying to be devious, he wasn’t angleshooting. He didn’t know what Baumann had. It may have been the result of fatigue or the language barrier or any number of things, but it looked like he honestly did not realize Baumann had raised and he mucked as soon as Smith folded. He didn’t wait to see if Baumann might call and then mucked his hand. He thought the hand was over.
Sure, he should have known to protect his cards until the dealer shipped him the pot, but everyone makes mistakes.
In a case like this, when there was obviously no intent to cheat or angleshoot, it wouldn’t make sense to just say, “Sorry, even though we know nobody in their right mind would forfeit all their chips while all-in, we’re going to take them because, mistake or not, you mucked.” That wouldn’t be in the spirit of the game.
Things are more complicated because one card was irretrievable, but that doesn’t negate my point that the logical and reasonable thing to do would be to allow Koroknai to stay in the tournament. Maybe penalizing him an orbit or making him forfeit some additional chips (say, in the amount of a min-raise or something) would be appropriate, but to send him home for doing something that he obviously didn’t intend to do would be ludicrous.
Word is that Baumann eventually showed pocket Kings, so unless Koroknai had Aces, she likely would have won the hand, but that’s beside the point. Plus, who knows, it may have been a lucky break for her, as she might’ve avoided a suckout. But none of that really matters. The floor made the correct decision, even if it wasn’t laid out in black and white in the rulebook. (Poker News Daily)
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I have never been a poker tournament director, but I would imagine one of the most difficult aspects of the job is making rulings on hands in which there are both confusion and disagreement at the table. Especially in a situation where there are potentially millions of dollars at stake. Such was the case this weekend with a controversial hand deep into the 2012 World Series of Poker (WSOP) Main Event, a hand that may have shaped the rest of the tournament.
It was very late on Day 5, close to 1:00 in the morning, and there were about 100 players remaining of the original 6,598. The action at one of the tables folded all the way around to France’s Gaelle Baumann under the gun, who opened the pre-flop betting with a min-raise to 60,000. The button folded and then Andras Koroknai of Hungary moved all-in for somewhere around 2 million chips from the small blind. Gavin Smith then folded from the big blind and the action was back to Baumann, one of the tournament’s chip leaders.
But it wasn’t. As soon as Smith folded, Koroknai mucked his cards, thinking that the hand was over and that he had won. For whatever reason, he didn’t realize Baumann had raised or even bet anything at all. He thought he had been the first to act, so when Smith folded, the hand was finished. When he realized what he had done, he tried to retrieve his cards from the muck, but was only able to positively locate one of them.
Tournament Director Dennis Jones was called over and after some thought, he decided that Koroknai would lose the 60,000 chips that would have amounted to a call, but he would get to keep the rest of his stack. The players, particularly Baumann and Smith, were confused by the ruling, so Jones called WSOP VP Jack Effel, who confirmed the decision. Jones cited the “integrity of the tournament” as the reason for not requiring Koroknai to lose all of his chips.
As it turned out, Koroknai would go on to eliminate Baumann in 10th place a couple days later, dashing the hopes the poker community had of seeing the first woman at the Main Event final table since 1995, when Barbara Enright placed 5th (he also eliminated Elisabeth Hille in 11th place). Koroknai goes into the final table 2nd in chips.
When this hand was originally reported, much of the poker community was up in arms. It was an angleshoot! He mucked, he’s done! Too bad, don’t be so stupid next time! The outrage was deafening.
But here’s the thing, it was the correct ruling. Official WSOP rule 89 states:
All chips put into the pot in turn stay in the pot. If a Participant has raised and his or her hand is killed before the raise is called, the Participant may be entitled to the raise back, but will forfeit the amount of the call. Any chips put into the pot out of turn fall under the action “may or may not be binding” Rule No. 88.
Koroknai raised all-in. His hand was killed before the raise was called, albeit by Koroknai himself, but it was still killed. According to the rule, he gets his raise back, but loses the amount of the call which was 60,000 chips.
So really, case closed.
But even if that rule did not exist, if the Tournament Director had to just come up with a decision out of thin air, I still don’t have a problem with the ruling. I agree with the “integrity of the tournament” opinion (which also makes it seem like the Tournament Director did not remember the rule quoted above and was, in fact, just making a judgment call). From everything I have read, it does not appear that Koroknai was trying to be devious, he wasn’t angleshooting. He didn’t know what Baumann had. It may have been the result of fatigue or the language barrier or any number of things, but it looked like he honestly did not realize Baumann had raised and he mucked as soon as Smith folded. He didn’t wait to see if Baumann might call and then mucked his hand. He thought the hand was over.
Sure, he should have known to protect his cards until the dealer shipped him the pot, but everyone makes mistakes.
In a case like this, when there was obviously no intent to cheat or angleshoot, it wouldn’t make sense to just say, “Sorry, even though we know nobody in their right mind would forfeit all their chips while all-in, we’re going to take them because, mistake or not, you mucked.” That wouldn’t be in the spirit of the game.
Things are more complicated because one card was irretrievable, but that doesn’t negate my point that the logical and reasonable thing to do would be to allow Koroknai to stay in the tournament. Maybe penalizing him an orbit or making him forfeit some additional chips (say, in the amount of a min-raise or something) would be appropriate, but to send him home for doing something that he obviously didn’t intend to do would be ludicrous.
Word is that Baumann eventually showed pocket Kings, so unless Koroknai had Aces, she likely would have won the hand, but that’s beside the point. Plus, who knows, it may have been a lucky break for her, as she might’ve avoided a suckout. But none of that really matters. The floor made the correct decision, even if it wasn’t laid out in black and white in the rulebook. (Poker News Daily)
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Monday, May 28, 2012
2012 WSOP Day 1: Saechao, Routos Dominate Casino Employees Event
2012 WSOP Day 1: Saechao, Routos Dominate Casino Employees Event; Marcelo Ramos Da Fonseca Wins 2012 LAPT Punta del Este
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The weeks of anticipation are over. It’s time for everyone to calm their “inside tinglies.” The 43rd Annual World Series of Poker is underway! As is the tradition, the first and only event to kick off Sunday was the Casino Employees No-Limit Hold’em event. While it is a gold bracelet event, it is different from most WSOP tournaments in that it is not an open event in which anyone and everyone can participate. As its name implies, only those who work at a casino may enter. That does not stop it from being a large tournament, though, as 732 players paid the $500 for a shot at glory. Ending the first day atop the chip counts are Chip Saechao with 150,600 chips and James Routos hot on his tail with 146,900.
Both of our chip leaders, who coincidentally were seated at the same table, made their big moves to the top of the leader board late in the night during the 11th and final level of Day 1. Saechao went first, opening a hand for 4,200 chips (blinds and antes were 800/1,600/200) from the button. After both blinds called, the dealer laid down a flop of 2♠-8♥-9♥, prompting the small blind to bet 6,000. The big blind, who happened to be Routos, tossed away his hand and Saechao ratcheted it up to 16,000. The small blind called and the two players saw a turn of 3♠. The small blind checked this card, but Saechao did quite the opposite, moving all-in for more than 40,000 chips. Seeming to know his opponent was on a draw, Saechao told him, “Trust me, it’s not coming.” Despite the warning, his opponent made the call, revealing that he did indeed have a draw, holding A♥-4♥. It was a great read by Saechao, as he himself only had 6♣-8♠ for middle pair. The river was the 3♦, giving Saechao the hand and a significant pot. At that point, his stack was up around 110,000 chips.
Just a few hands later, it was Routos’ turn. The details from those on the scene are a bit sketchy, but Routos and one other player saw a flop of Q♣-3♥-7♠. Routos checked, the other player bet 7,000 and Routos called. The turn was the 7♥ and Routos checked once more, but this time he check-raised his opponent’s 12,000 chip bet up to 30,000. That was enough for the “other guy,” as he laid down his hand, giving the pot to Routos. At that, Routos took over the chip lead with a 150,000 chip stack, but as we know, Saechao regained it before the night was over.
With 732 players, the prize pool for Event #1 is $329,400 (7 percent of the buy-in is taken out for entry fees and 3 percent is taken for the tournament staff). Just 46 players remain, all of whom have already made the money, as the payouts extend down to 81st place. The eventual winner will receive $70,859. The remaining players will resume play in the Amazon Room at the Rio at 1:00pm local time. Tournament Director Jack Effel estimates that another 11 to 12 more levels will be needed to complete the tourney, so it will be a long night for the last few players. The plan is for Day 2 to be the final day, but if it’s not over by 3:00am, a third day will be added. The final table will be streamed “almost live” on a five minute delay at WSOP.com.
2012 WSOP Event #1: Casino Employees No-Limit Hold’em – End of Day 1 Chip Leaders
1. Chip Saechao – 150,600
2. James Routos – 146,900
3. Matthew Wilmot – 122,800
4. Don Michael – 110,200
5. John Vohs – 102,300
6. Ray Pulford – 91,100
7. Carisa Schweisberger – 76,400
8. Joshua Murray – 72,400
9. Joseph McCarthy – 71,100
10. Ty Stewart – 69,900
Marcelo Ramos Da Fonseca Wins 2012 LAPT Punta del Este
While the focus of the poker world is now set squarely on Las Vegas and the 2012 World Series of Poker (WSOP), there are still other live poker tournaments taking place all over the world. One of them, the Latin America Poker Tour (LAPT) Punta del Este stop, wrapped up Sunday with Brazil’s Marcelo Ramos Da Fonseca topping the 375 player field to take down his first ever live tournament title and $144,240.
If you skipped down to the list of final table payouts, you may notice that there is a significant gap between the money awarded to Pablo Joaquin Melogno in 4th place ($60,420) and Francisco Baruffi Neto in 3rd place ($116,240). This is the result of a deal made amongst the top three finishers when they all held approximately equal chip stacks. They didn’t start three-handed play like that, but after double-ups by both Fonseca and Baruffi probably made the three men realize that the tide can turn any which way that late in the game, regardless of any individual player’s skill.
Baruffi was the one to broach the topic of a deal after he doubled through Angel Guillen, suggesting they split the remaining prize pool three ways. This would have given each just shy of $129,000, close to the $133,688 that would have gone to the second place finisher without a deal. In the end, they agreed to each get $116,240 and play for the remaining $38,000.
Shortly after the deal was settled upon, Guillen crippled Baruffi, leaving him with barely more than a big blind. The next hand was Baruffi’s last, as his A♥-5♠ fell to Fonseca’s 9♠-9♣.
Going into heads-up play, Fonseca had a moderate chip lead, 4.1 million to Guillen’s 3.5 million. The two men then decided to adjust the previous deal, allotting $28,000 of the $38,000 left on the table to first place and the remaining $10,000 to second place.
Fonseca never gave up his lead for the entire hour and a half duration of the one-on-one match. Because of the cautiousness of both players, though, he also never stretched the lead to the point where a victory looked completely inevitable. But just like that, it ended.
Fonseca made a min-raise pre-flop to 200,000 and shockingly, Guillen moved all-in for 2.8 million. Fonseca called immediately with A♣-K♥, obviously happy to see Guillen’s A♠-9♣. The flop of T♥-7♠-J♠ gave a tiny bit of extra hope to Guillen, as he now had a gutshot straight draw, but neither the turn nor river helped at all and Marcelo Ramos Da Fonseca was the LAPT Punta del Este champion.
This win almost double’s Fonseca’s total career earnings in live tournaments. He had gone into the final table with six lifetime cashes for a total of $171,896.
2012 LAPT Punta del Este – Final Table Results
1. Marcelo Ramos Da Fonseca – $144,240
2. Angel Guillen – $126,240
3. Francisco Baruffi Neto – $116,240
4. Pablo Joaquin Melogno – $60,420
5. Ivan Luca – $46,000
6. Osvaldo Silvio Resquin – $35,970
7. Vladimir Dobrovolskiy – $26,770
8. Guido Ruffini – $20,080
9. Carlos Leoncio Mironiuk – $15,390
WSOP Unveils 2012 Bracelets - 20th May 2012
With the 43rd Annual World Series of Poker (WSOP) just a week away, it is only appropriate that the new bracelet has been officially unveiled. After all, it’s the one thing by which poker players measure their success (we suppose one could count that whole business of cash winnings, too). This year’s designer is Jason Arasheben, perhaps better known as “Jason of Beverly Hills.”
Considering Jason of Beverly Hills’ reputation for creating gaudy, over-the-top pieces that can be seen from the moon, the bracelet is relatively tame. Make no mistake, though – it will still grab attention more than last year’s simple, gold piece of jewelry created by OnTilt Designs. The bracelet is gold, of course, with a very smooth look. The four playing card suits are represented in each corner of the bracelet’s face, with the heart and diamond comprised of white diamonds and the spade and club appearing to be made up of black diamonds. A raised World Series of Poker logo adorns the center of the bracelet face, enhanced by color to make it stand out.
But that is just the bracelet for the 66 preliminary events. Jason of Beverly Hills will also be creating the 2012 WSOP Main Event bracelet, which he promises will be a sight to behold.
“We are honored to have the opportunity to create this masterpiece for the World Series of Poker and it will go down as the most expensive piece of championship jewelry across all major sports,” said Jason of Beverly Hills about the WSOP Main Event gold bracelet. “We will tour this bracelet in our Las Vegas and Beverly Hills boutique so the world can bear witness to this historic work of art.”
The four card suits will be in their normal colors, with the heart and diamond formed by rubies and the spade and club created with black diamonds. All told, the Main Event bracelet will contain over 160 grams of 14 karat gold and over 35 carats of flawless diamonds.
“Blinger is Better,” said WSOP Executive Director Ty Stewart in a press release. “Jason grasped the heritage of WSOP bracelets, but was only interested if he could take it up several notches. This is a trophy that truly embodies the promise of today’s WSOP – seemingly unthinkable dreams are dealt each year. I challenge anyone to keep a poker face when they see this bracelet in person.”
Jason of Beverly Hills started his business as a student at UCLA, selling silver trinkets to fellow students, and eventually grew it into the go-to source for amazing diamond creations for the world’s biggest celebrities. He has created pieces for the likes of LeBron James, Michael Jackson, Tom Cruise, Jennifer Lopez, Mariah Carey, Sean “Diddy” Combs, and even Middle Eastern royalty. The pendant he made for Lil Jon was named the largest in the world by Guinness World Records. (Poker News Daily)
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The weeks of anticipation are over. It’s time for everyone to calm their “inside tinglies.” The 43rd Annual World Series of Poker is underway! As is the tradition, the first and only event to kick off Sunday was the Casino Employees No-Limit Hold’em event. While it is a gold bracelet event, it is different from most WSOP tournaments in that it is not an open event in which anyone and everyone can participate. As its name implies, only those who work at a casino may enter. That does not stop it from being a large tournament, though, as 732 players paid the $500 for a shot at glory. Ending the first day atop the chip counts are Chip Saechao with 150,600 chips and James Routos hot on his tail with 146,900.
Both of our chip leaders, who coincidentally were seated at the same table, made their big moves to the top of the leader board late in the night during the 11th and final level of Day 1. Saechao went first, opening a hand for 4,200 chips (blinds and antes were 800/1,600/200) from the button. After both blinds called, the dealer laid down a flop of 2♠-8♥-9♥, prompting the small blind to bet 6,000. The big blind, who happened to be Routos, tossed away his hand and Saechao ratcheted it up to 16,000. The small blind called and the two players saw a turn of 3♠. The small blind checked this card, but Saechao did quite the opposite, moving all-in for more than 40,000 chips. Seeming to know his opponent was on a draw, Saechao told him, “Trust me, it’s not coming.” Despite the warning, his opponent made the call, revealing that he did indeed have a draw, holding A♥-4♥. It was a great read by Saechao, as he himself only had 6♣-8♠ for middle pair. The river was the 3♦, giving Saechao the hand and a significant pot. At that point, his stack was up around 110,000 chips.
Just a few hands later, it was Routos’ turn. The details from those on the scene are a bit sketchy, but Routos and one other player saw a flop of Q♣-3♥-7♠. Routos checked, the other player bet 7,000 and Routos called. The turn was the 7♥ and Routos checked once more, but this time he check-raised his opponent’s 12,000 chip bet up to 30,000. That was enough for the “other guy,” as he laid down his hand, giving the pot to Routos. At that, Routos took over the chip lead with a 150,000 chip stack, but as we know, Saechao regained it before the night was over.
With 732 players, the prize pool for Event #1 is $329,400 (7 percent of the buy-in is taken out for entry fees and 3 percent is taken for the tournament staff). Just 46 players remain, all of whom have already made the money, as the payouts extend down to 81st place. The eventual winner will receive $70,859. The remaining players will resume play in the Amazon Room at the Rio at 1:00pm local time. Tournament Director Jack Effel estimates that another 11 to 12 more levels will be needed to complete the tourney, so it will be a long night for the last few players. The plan is for Day 2 to be the final day, but if it’s not over by 3:00am, a third day will be added. The final table will be streamed “almost live” on a five minute delay at WSOP.com.
2012 WSOP Event #1: Casino Employees No-Limit Hold’em – End of Day 1 Chip Leaders
1. Chip Saechao – 150,600
2. James Routos – 146,900
3. Matthew Wilmot – 122,800
4. Don Michael – 110,200
5. John Vohs – 102,300
6. Ray Pulford – 91,100
7. Carisa Schweisberger – 76,400
8. Joshua Murray – 72,400
9. Joseph McCarthy – 71,100
10. Ty Stewart – 69,900
Marcelo Ramos Da Fonseca Wins 2012 LAPT Punta del Este
While the focus of the poker world is now set squarely on Las Vegas and the 2012 World Series of Poker (WSOP), there are still other live poker tournaments taking place all over the world. One of them, the Latin America Poker Tour (LAPT) Punta del Este stop, wrapped up Sunday with Brazil’s Marcelo Ramos Da Fonseca topping the 375 player field to take down his first ever live tournament title and $144,240.
If you skipped down to the list of final table payouts, you may notice that there is a significant gap between the money awarded to Pablo Joaquin Melogno in 4th place ($60,420) and Francisco Baruffi Neto in 3rd place ($116,240). This is the result of a deal made amongst the top three finishers when they all held approximately equal chip stacks. They didn’t start three-handed play like that, but after double-ups by both Fonseca and Baruffi probably made the three men realize that the tide can turn any which way that late in the game, regardless of any individual player’s skill.
Baruffi was the one to broach the topic of a deal after he doubled through Angel Guillen, suggesting they split the remaining prize pool three ways. This would have given each just shy of $129,000, close to the $133,688 that would have gone to the second place finisher without a deal. In the end, they agreed to each get $116,240 and play for the remaining $38,000.
Shortly after the deal was settled upon, Guillen crippled Baruffi, leaving him with barely more than a big blind. The next hand was Baruffi’s last, as his A♥-5♠ fell to Fonseca’s 9♠-9♣.
Going into heads-up play, Fonseca had a moderate chip lead, 4.1 million to Guillen’s 3.5 million. The two men then decided to adjust the previous deal, allotting $28,000 of the $38,000 left on the table to first place and the remaining $10,000 to second place.
Fonseca never gave up his lead for the entire hour and a half duration of the one-on-one match. Because of the cautiousness of both players, though, he also never stretched the lead to the point where a victory looked completely inevitable. But just like that, it ended.
Fonseca made a min-raise pre-flop to 200,000 and shockingly, Guillen moved all-in for 2.8 million. Fonseca called immediately with A♣-K♥, obviously happy to see Guillen’s A♠-9♣. The flop of T♥-7♠-J♠ gave a tiny bit of extra hope to Guillen, as he now had a gutshot straight draw, but neither the turn nor river helped at all and Marcelo Ramos Da Fonseca was the LAPT Punta del Este champion.
This win almost double’s Fonseca’s total career earnings in live tournaments. He had gone into the final table with six lifetime cashes for a total of $171,896.
2012 LAPT Punta del Este – Final Table Results
1. Marcelo Ramos Da Fonseca – $144,240
2. Angel Guillen – $126,240
3. Francisco Baruffi Neto – $116,240
4. Pablo Joaquin Melogno – $60,420
5. Ivan Luca – $46,000
6. Osvaldo Silvio Resquin – $35,970
7. Vladimir Dobrovolskiy – $26,770
8. Guido Ruffini – $20,080
9. Carlos Leoncio Mironiuk – $15,390
WSOP Unveils 2012 Bracelets - 20th May 2012
With the 43rd Annual World Series of Poker (WSOP) just a week away, it is only appropriate that the new bracelet has been officially unveiled. After all, it’s the one thing by which poker players measure their success (we suppose one could count that whole business of cash winnings, too). This year’s designer is Jason Arasheben, perhaps better known as “Jason of Beverly Hills.”
Considering Jason of Beverly Hills’ reputation for creating gaudy, over-the-top pieces that can be seen from the moon, the bracelet is relatively tame. Make no mistake, though – it will still grab attention more than last year’s simple, gold piece of jewelry created by OnTilt Designs. The bracelet is gold, of course, with a very smooth look. The four playing card suits are represented in each corner of the bracelet’s face, with the heart and diamond comprised of white diamonds and the spade and club appearing to be made up of black diamonds. A raised World Series of Poker logo adorns the center of the bracelet face, enhanced by color to make it stand out.
But that is just the bracelet for the 66 preliminary events. Jason of Beverly Hills will also be creating the 2012 WSOP Main Event bracelet, which he promises will be a sight to behold.
“We are honored to have the opportunity to create this masterpiece for the World Series of Poker and it will go down as the most expensive piece of championship jewelry across all major sports,” said Jason of Beverly Hills about the WSOP Main Event gold bracelet. “We will tour this bracelet in our Las Vegas and Beverly Hills boutique so the world can bear witness to this historic work of art.”
The four card suits will be in their normal colors, with the heart and diamond formed by rubies and the spade and club created with black diamonds. All told, the Main Event bracelet will contain over 160 grams of 14 karat gold and over 35 carats of flawless diamonds.
“Blinger is Better,” said WSOP Executive Director Ty Stewart in a press release. “Jason grasped the heritage of WSOP bracelets, but was only interested if he could take it up several notches. This is a trophy that truly embodies the promise of today’s WSOP – seemingly unthinkable dreams are dealt each year. I challenge anyone to keep a poker face when they see this bracelet in person.”
Jason of Beverly Hills started his business as a student at UCLA, selling silver trinkets to fellow students, and eventually grew it into the go-to source for amazing diamond creations for the world’s biggest celebrities. He has created pieces for the likes of LeBron James, Michael Jackson, Tom Cruise, Jennifer Lopez, Mariah Carey, Sean “Diddy” Combs, and even Middle Eastern royalty. The pendant he made for Lil Jon was named the largest in the world by Guinness World Records. (Poker News Daily)
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Thursday, May 24, 2012
Crown Casino To Host World Series of Poker in 2013; Gold Coast high-roller fails to recover millions
Crown Limited gambler case; The Star entertains with musical in Sin City Sydney; World Series of Poker to Melbourne; Marvel Entertainment Online Games...
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Crown Casino To Host World Series of Poker in 2013...
James Packer's Crown Casino has announced an exciting partnership with the worlds largest poker brand, the World Series Of Poker. Set to take place at Crown Casino in Melbourne from April 4-15 2013, the World Series of poker Asia-Pacific (WSOP APAC) is a huge expansion into the world's largest gaming market.
WSOP Executive Director Ty Stewart said, “Our goal is to establish the worldwide grand slam of poker and use our platform to elevate the game through a series of major championships,”
“With WSOP Las Vegas growing annually and WSOP Europe poised for long-term success after five years, the time is right to turn our attention to the dynamic poker scene in Asia and Australia. Given Crown’s success with the ‘Aussie Millions Poker Championship’, we couldn’t ask for a better partner than Crown to establish the Asia-Pacific’s definitive poker festival.”
Crown Casino in Melbourne already is the home to the world's largest tournament series outside of the World Series Of Poker in Las Vegas with the Aussie Millions series each January attracting the worlds premier players. Crown Melbourne's CEO Greg Hawkins said, “This exciting partnership brings together two industry leaders, and two strong brands, to create a premier poker event in this region”.
“Our agreement firmly aligns with our objective of attracting the very best local and international players, all vying for a coveted WSOP bracelet. We are incredibly proud of what we have achieved with the Aussie Millions and look forward to featuring WSOP Asia Pacific on our poker calendar in April 2013.”
The WSOP brand is one of the worlds most iconic and every poker player in the world dreams of one day being the proud owner of coveted WSOP Bracelet. The WSOP brand is 42-years old and in 2007 it expanded beyond the USA with the launch of the WSOP Europe in London (2007-2010) and subsequently into France (2011). The WSOP APAC is set to tap into the tremendous growth of peer-2-peer gaming in this region.
As part of the agreement with the WSOP, the WSOP APAC events are expected to be televised globally across ESPN. Fox Sports, as seen on Foxtel, already broadcasts games from competitor, World Poker Tour (owned by Bwin.Party Digital Entertainment).
One man who is no stranger to ESPN and the WSOP is Australian local sporting hero, Joe Hachem. Way back in 2005 Joe won the most prestigious poker event in the world, the World Series Of Poker Main Event.
“It’s thrilling to think the World Series of Poker is coming to Australian soil,” said Joe Hachem. “I know first-hand what a life-changing moment winning the WSOP gold bracelet was and how it served as a catalyst for the growth of poker in Australia and Asia. It will be a dream come true to host a worldwide poker event such as this at Crown. I can’t wait.”
The full WSOP APAC schedule is set to be released later this year.
In other gambling and gaming news...
Gold Coast high-roller fails to recover millions...
A Gold Coast businessman who turned over almost $1.5 billion in 14 months at Melbourne's Crown Casino has lost his bid to recover more than $20 million he lost there.
Property developer Harry Kakavas spent $1.479 billion on 30 separate visits to Crown between June 2005 and August 2006, winning and losing vast sums, but ultimately accruing losses of $20.5 million, a Melbourne court has heard.
Mr Kakavas claimed Crown knew he suffered from pathological gambling and lured him back to the casino with the use of a private jet and cash and entertainment gifts.
But on Monday the Court of Appeal upheld an earlier Supreme Court decision that the casino did not take advantage of his gambling habits.
Appeal judge Justice Bernard Bongiorno said Mr Kakavas alleged his pathological gambling condition impaired his ability to make rational decisions about the amount of money he gambled.
Mr Kakavas would gamble six-figure sums on hands of baccarat, which take a matter of seconds to play.
But Justice Bongiorno said the fact Mr Kakavas was able to negotiate favourable terms for himself at Crown demonstrated his ability to make decisions in his best interest.
"When gambling at Crown he had negotiated the terms on which he gambled and had threatened to and in fact had withheld his custom from Crown when he did not get what he wanted," Justice Bongiorno said.
"These are not the characteristics of someone unable to conserve his own interests."
Justice Bongiorno found the allowances Crown offered to Mr Kakavas were not out of step with those typically offered to high-rolling gamblers.
He also rejected a claim by Mr Kakavas that he had lost $30 million in one losing streak at Crown in 2006.
He said on one occasion in March 2006 Mr Kakavas returned home to the Gold Coast with $14 million in winnings.
"That he lost overall is not in any way surprising," he said.
"The longer a person plays, the more certain it is that he will ultimately lose. Were it otherwise casinos would fail."
Mr Kakavas was ordered to pay Crown's legal costs. (AAP)
The Star entertains with musical: An Officer and a Gentleman...
Australian casinos and entertainment do mix!
Last week An Officer and a Gentleman enjoyed its Sydney, Australia premiere at The Star's Lyric Theatre at Ultimo.
The red carpet premiere was well attended by media and celebrities, and its understood the production is likely to match if not well exceed the substantial hype.
Producer John Frost said that more hard-won world premieres were in store.
"Not just Australian stories, but international stories that can be exported to international markets," Frost said.
Producers from Germany, South Korea, Canada, New York and London were at tonight's opening.
Frost said the $6 million budget for An Officer And A Gentleman was about half what it might have been if it was developed in New York or London.
"Things are just easier and cheaper here, and in New York and London, you're so far out of town (doing the set building) trying to get it right and get it fixed," he said.
Frost said the process of developing new musicals, as opposed to simply remounting a successful overseas version, would help build production skills for the creation of new musicals in the future.
"What this is doing is establishing people like (An Officer And A Gentleman) director Simon Phillips, his choreographer and his assistants, to do new stuff they're not used to doing, because they are used to doing stuff that's already been done and what we are trying to do is to broaden that experience so a lot more directors and a lot more writers get that opportunity," Frost added.
Later next year and early 2014 Frost expects to mount world premieres of Dream Lover: The Bobby Darin Show and Red Dog. His production of Doctor Zhivago is approaching the end of a six month-long run in Seoul and will then be mounted in New York.
The Media Man and Music News Australia agencies were overheard agreeing "Another world class production put on by The Star and Lyric Theatre".
The pitch:
A new musical based on the Paramount Pictures-Lorimar movie "An Officer and a Gentleman" written by Douglas Day Stewart
Music and lyrics by Ken Hirsch and Robin Lerner
Book by Douglas Day Stewart and Sharleen Cooper Cohen
Director Simon Phillips
Choreographer Andrew Hallsworth
Set and Costume Designer Dale Ferguson
Lighting Designer Matt Scott
Musical Director Dave Skelton
Associate Director Dean Bryant
Producers Sharleen Cooper Cohen and John Frost
In association with Paramount Pictures and Warner Bros Theatre Ventures
Based on the hugely successful Academy Award-winning film, this new production has been adapted for the stage by the original screen writer, Douglas Day Stewart and co-writer Sharleen Cooper Cohen, with music and lyrics by Kenny Hirsch and Robin Lerner. It will be produced by Sharleen Cooper Cohen and John Frost, and directed by Simon Phillips (Priscilla Queen of the Desert The Musical).
The talented cast that will bring this timeless story to life includes Ben Mingay (Jersey Boys) as Zack Mayo, the classic angry young man who grew up in a "sewer" and dreams of flying jets and parlaying this skill into a better life; Amanda Harrison (Wicked) as Paula Pokrifki, the young factory worker who dreams of becoming a nurse and finding a better life without selling out for it, like everyone around her; Kate Kendall (Next to Normal) as Lynette Pomeroy, Paula's best friend who is determined to marry a flier to escape her dead end life, no matter what it takes; and Alex Rathgeber (The Phantom of the Opera) as Sid Worley, the likeable Okie son of a Navy Admiral who is the class "superstar" at the Naval Academy.
A hit across the ages, the 1982 film has become a phenomenon in cinema history, recently listed by the American Film Institute as one of the top ten love stories in cinema history. Featuring the iconic hit song "Up Where We Belong" and a new score by hit song writer Ken Hirsch and Grammy nominee Robin Lerner this timeless tale of struggle, success, friendship and love promises to be the musical blockbuster of 2012.
An Officer and a Gentleman is a triumphant story of working class heroes surviving great tests; a classic modern day love story about a working class boy and girl who must overcome their upbringing and personal weaknesses to accept life and love.
His Story, Her Romance.
The Star's history of celebrities...
Hulk Hogan and Ric Flair (ok, before it was rebranded The Star - back in Star City Casino days), Al Pacino, Bob Geldof, Russell Crowe, Paris Hilton, Afrojack, will.i.am, Snoop Dogg and so the list goes on.
Legally Blonde To Open 4th October 2012...
The Sydney Lyric Theatre is also going to be host to the famous musical 'Legally Blonde'.
Legally Blonde The Musical is the hilarious story of college sweetheart and homecoming queen, Elle Woods - a girl who doesn't take no for an answer. When her boyfriend dumps her for someone "serious", Elle puts down the credit card, hits the books and heads for Harvard Law School! Along the way, she proves that being true to yourself never goes out of style.
Legally Blonde The Musical - Winner of Best Musical 2011 Olivier Awards and a smash hit running into its third year on the West End was created by a world-class creative team led by Tony Award-winning director Jerry Mitchell.
The musical opens 4th October 2012.
Websites
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New South Wales Rugby League official website
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Australian Sports Entertainment
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Media Man Int
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Gambling Gaming
Crown Casino To Host World Series of Poker in 2013...
James Packer's Crown Casino has announced an exciting partnership with the worlds largest poker brand, the World Series Of Poker. Set to take place at Crown Casino in Melbourne from April 4-15 2013, the World Series of poker Asia-Pacific (WSOP APAC) is a huge expansion into the world's largest gaming market.
WSOP Executive Director Ty Stewart said, “Our goal is to establish the worldwide grand slam of poker and use our platform to elevate the game through a series of major championships,”
“With WSOP Las Vegas growing annually and WSOP Europe poised for long-term success after five years, the time is right to turn our attention to the dynamic poker scene in Asia and Australia. Given Crown’s success with the ‘Aussie Millions Poker Championship’, we couldn’t ask for a better partner than Crown to establish the Asia-Pacific’s definitive poker festival.”
Crown Casino in Melbourne already is the home to the world's largest tournament series outside of the World Series Of Poker in Las Vegas with the Aussie Millions series each January attracting the worlds premier players. Crown Melbourne's CEO Greg Hawkins said, “This exciting partnership brings together two industry leaders, and two strong brands, to create a premier poker event in this region”.
“Our agreement firmly aligns with our objective of attracting the very best local and international players, all vying for a coveted WSOP bracelet. We are incredibly proud of what we have achieved with the Aussie Millions and look forward to featuring WSOP Asia Pacific on our poker calendar in April 2013.”
The WSOP brand is one of the worlds most iconic and every poker player in the world dreams of one day being the proud owner of coveted WSOP Bracelet. The WSOP brand is 42-years old and in 2007 it expanded beyond the USA with the launch of the WSOP Europe in London (2007-2010) and subsequently into France (2011). The WSOP APAC is set to tap into the tremendous growth of peer-2-peer gaming in this region.
As part of the agreement with the WSOP, the WSOP APAC events are expected to be televised globally across ESPN. Fox Sports, as seen on Foxtel, already broadcasts games from competitor, World Poker Tour (owned by Bwin.Party Digital Entertainment).
One man who is no stranger to ESPN and the WSOP is Australian local sporting hero, Joe Hachem. Way back in 2005 Joe won the most prestigious poker event in the world, the World Series Of Poker Main Event.
“It’s thrilling to think the World Series of Poker is coming to Australian soil,” said Joe Hachem. “I know first-hand what a life-changing moment winning the WSOP gold bracelet was and how it served as a catalyst for the growth of poker in Australia and Asia. It will be a dream come true to host a worldwide poker event such as this at Crown. I can’t wait.”
The full WSOP APAC schedule is set to be released later this year.
In other gambling and gaming news...
Gold Coast high-roller fails to recover millions...
A Gold Coast businessman who turned over almost $1.5 billion in 14 months at Melbourne's Crown Casino has lost his bid to recover more than $20 million he lost there.
Property developer Harry Kakavas spent $1.479 billion on 30 separate visits to Crown between June 2005 and August 2006, winning and losing vast sums, but ultimately accruing losses of $20.5 million, a Melbourne court has heard.
Mr Kakavas claimed Crown knew he suffered from pathological gambling and lured him back to the casino with the use of a private jet and cash and entertainment gifts.
But on Monday the Court of Appeal upheld an earlier Supreme Court decision that the casino did not take advantage of his gambling habits.
Appeal judge Justice Bernard Bongiorno said Mr Kakavas alleged his pathological gambling condition impaired his ability to make rational decisions about the amount of money he gambled.
Mr Kakavas would gamble six-figure sums on hands of baccarat, which take a matter of seconds to play.
But Justice Bongiorno said the fact Mr Kakavas was able to negotiate favourable terms for himself at Crown demonstrated his ability to make decisions in his best interest.
"When gambling at Crown he had negotiated the terms on which he gambled and had threatened to and in fact had withheld his custom from Crown when he did not get what he wanted," Justice Bongiorno said.
"These are not the characteristics of someone unable to conserve his own interests."
Justice Bongiorno found the allowances Crown offered to Mr Kakavas were not out of step with those typically offered to high-rolling gamblers.
He also rejected a claim by Mr Kakavas that he had lost $30 million in one losing streak at Crown in 2006.
He said on one occasion in March 2006 Mr Kakavas returned home to the Gold Coast with $14 million in winnings.
"That he lost overall is not in any way surprising," he said.
"The longer a person plays, the more certain it is that he will ultimately lose. Were it otherwise casinos would fail."
Mr Kakavas was ordered to pay Crown's legal costs. (AAP)
The Star entertains with musical: An Officer and a Gentleman...
Australian casinos and entertainment do mix!
Last week An Officer and a Gentleman enjoyed its Sydney, Australia premiere at The Star's Lyric Theatre at Ultimo.
The red carpet premiere was well attended by media and celebrities, and its understood the production is likely to match if not well exceed the substantial hype.
Producer John Frost said that more hard-won world premieres were in store.
"Not just Australian stories, but international stories that can be exported to international markets," Frost said.
Producers from Germany, South Korea, Canada, New York and London were at tonight's opening.
Frost said the $6 million budget for An Officer And A Gentleman was about half what it might have been if it was developed in New York or London.
"Things are just easier and cheaper here, and in New York and London, you're so far out of town (doing the set building) trying to get it right and get it fixed," he said.
Frost said the process of developing new musicals, as opposed to simply remounting a successful overseas version, would help build production skills for the creation of new musicals in the future.
"What this is doing is establishing people like (An Officer And A Gentleman) director Simon Phillips, his choreographer and his assistants, to do new stuff they're not used to doing, because they are used to doing stuff that's already been done and what we are trying to do is to broaden that experience so a lot more directors and a lot more writers get that opportunity," Frost added.
Later next year and early 2014 Frost expects to mount world premieres of Dream Lover: The Bobby Darin Show and Red Dog. His production of Doctor Zhivago is approaching the end of a six month-long run in Seoul and will then be mounted in New York.
The Media Man and Music News Australia agencies were overheard agreeing "Another world class production put on by The Star and Lyric Theatre".
The pitch:
A new musical based on the Paramount Pictures-Lorimar movie "An Officer and a Gentleman" written by Douglas Day Stewart
Music and lyrics by Ken Hirsch and Robin Lerner
Book by Douglas Day Stewart and Sharleen Cooper Cohen
Director Simon Phillips
Choreographer Andrew Hallsworth
Set and Costume Designer Dale Ferguson
Lighting Designer Matt Scott
Musical Director Dave Skelton
Associate Director Dean Bryant
Producers Sharleen Cooper Cohen and John Frost
In association with Paramount Pictures and Warner Bros Theatre Ventures
Based on the hugely successful Academy Award-winning film, this new production has been adapted for the stage by the original screen writer, Douglas Day Stewart and co-writer Sharleen Cooper Cohen, with music and lyrics by Kenny Hirsch and Robin Lerner. It will be produced by Sharleen Cooper Cohen and John Frost, and directed by Simon Phillips (Priscilla Queen of the Desert The Musical).
The talented cast that will bring this timeless story to life includes Ben Mingay (Jersey Boys) as Zack Mayo, the classic angry young man who grew up in a "sewer" and dreams of flying jets and parlaying this skill into a better life; Amanda Harrison (Wicked) as Paula Pokrifki, the young factory worker who dreams of becoming a nurse and finding a better life without selling out for it, like everyone around her; Kate Kendall (Next to Normal) as Lynette Pomeroy, Paula's best friend who is determined to marry a flier to escape her dead end life, no matter what it takes; and Alex Rathgeber (The Phantom of the Opera) as Sid Worley, the likeable Okie son of a Navy Admiral who is the class "superstar" at the Naval Academy.
A hit across the ages, the 1982 film has become a phenomenon in cinema history, recently listed by the American Film Institute as one of the top ten love stories in cinema history. Featuring the iconic hit song "Up Where We Belong" and a new score by hit song writer Ken Hirsch and Grammy nominee Robin Lerner this timeless tale of struggle, success, friendship and love promises to be the musical blockbuster of 2012.
An Officer and a Gentleman is a triumphant story of working class heroes surviving great tests; a classic modern day love story about a working class boy and girl who must overcome their upbringing and personal weaknesses to accept life and love.
His Story, Her Romance.
The Star's history of celebrities...
Hulk Hogan and Ric Flair (ok, before it was rebranded The Star - back in Star City Casino days), Al Pacino, Bob Geldof, Russell Crowe, Paris Hilton, Afrojack, will.i.am, Snoop Dogg and so the list goes on.
Legally Blonde To Open 4th October 2012...
The Sydney Lyric Theatre is also going to be host to the famous musical 'Legally Blonde'.
Legally Blonde The Musical is the hilarious story of college sweetheart and homecoming queen, Elle Woods - a girl who doesn't take no for an answer. When her boyfriend dumps her for someone "serious", Elle puts down the credit card, hits the books and heads for Harvard Law School! Along the way, she proves that being true to yourself never goes out of style.
Legally Blonde The Musical - Winner of Best Musical 2011 Olivier Awards and a smash hit running into its third year on the West End was created by a world-class creative team led by Tony Award-winning director Jerry Mitchell.
The musical opens 4th October 2012.
Websites
Media Man International
New South Wales Rugby League official website
NRL official website
Australian Sports Entertainment
Website Network
Media Man Int
Media Man
Tuesday, May 01, 2012
Blog: Google: Year In Search, Trends and More - 2022; Data, Illustrations, Graphs and more
Blog
Google: Year In Search, Trends and More - 2022; Data, Illustrations, Graphs and more
Web Query
A web query or web search query is a query that a user enters into a web search engine to satisfy their information needs. Web search queries are distinctive in that they are often plain text and boolean search directives are rarely used. They vary greatly from standard query languages, which are governed by strict syntax rules as command languages with keyword or positional parameters.
Search Engine
A search engine is a software system designed to carry out web searches. They search the World Wide Web in a systematic way for particular information specified in a textual web search query. The search results are generally presented in a line of results, often referred to as search engine results pages (SERPs). When a user enters a query into a search engine, the engine scans its index of web pages to find those that are relevant to the user's query. The results are then ranked by relevancy and displayed to the user. The information may be a mix of links to web pages, images, videos, infographics, articles, research papers, and other types of files. Some search engines also mine data available in databases or open directories. Unlike web directories and social bookmarking sites, which are maintained by human editors, search engines also maintain real-time information by running an algorithm on a web crawler. Any internet-based content that can't be indexed and searched by a web search engine falls under the category of deep web.
What Was Trending?
2022 in Google Searches
Google images and data: (Credit: Google and Google Trends)
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World-Building: 2022 Was A Huge Year For Box Office Follow Ups
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Thursday, April 19, 2012
Wednesday, April 18, 2012
$1 Million WSOP Event up to 30 Entrants; Scott Seiver Wins PartyPoker Premier League V
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$1 Million WSOP Event up to 30 Entrants...
Cirque du Soleil founder Guy Laliberté, along with the World Series of Poker (WSOP), announced Thursday that this summer’s $1,000,000 buy-in WSOP event has added eight more entrants, increasing the field to a stout 30 players. The tournament, called the Big One for ONE DROP, is now on pace to feature the largest first prize in poker history.
In December, it was announced that 22 players had been confirmed for the event, just shy of half the 48-player maximum. Joining such poker luminaries as Daniel Negreanu, Johnny Chan, Bobby Baldwin, Tom Dwan, Patrik Antonius are:
Bob Bright – CEO, Bright Trading
Cary Katz – CEO, College Loan Corporation
Arnaud Mimran – French businessman
Paul Newey – Co-founder, New Wave Ventures, LLP. (UK)
Paul Phua – Asian businessman
Erik Seidel – Poker pro
Justin Smith – Poker pro
Richard Yong – Asian businessman
With $111,111 of the $1,000,000 dollar buy-in going to ONE DROP, the 30-player field brings the total prize pool to $26,666,670. According to a payout structure table provided by the WSOP, the winner of the tournament at its current size will earn $12,266,668.20, or 46 percent of the prize pool. That would break the record for the largest prize ever awarded in a poker tournament, live or online. The current record is $12,000,000, won by Jamie Gold in the 2006 WSOP Main Event.
ONE DROP is a charitable organization which seeks to provide access to clean, drinkable water to people around the world. In a press release, Laliberté, who himself is participating in the tournament, said, “It is an exciting moment and it is wonderful to see the poker community’s generosity, where organizations, players and fans are all coming together to support ONE DROP. Whether entering the BIG ONE for ONE DROP, becoming a poker ambassador, making a donation, or simply changing their water consumption habits, everyone can get involved and everyone should be concerned, because a child dies every 20 seconds from a water related disease and that together we can beat the odds.”
As it stands now, over $3.33 million from the tournament is earmarked for ONE DROP. And while 30 players signing up for a $1 million buy-in event is phenomenal, WSOP officials expect the tournament to reach its cap of 48 players. Should that happen, the prize pool will hit $40,000,000, with $17,200,002.15 going to the winner.
The continued growth of the Big One for ONE DROP will be aided by live satellites scheduled to be held at casinos around the country. The next satellite will be at Canterbury Park in Shakopee, Minnesota. The direct buy-in for the “Main Event” satellite is $500 with 40 percent of the prize pool going to the winner. That first prize is guaranteed to include at least the $25,300 buy-in to the Official World Series of Poker the Big One Satellite on Saturday, June 30th in Las Vegas, where at least one $1,000,000 seat in the Big One will be awarded. Also included in the Canterbury Park prize packages is airfare and lodging. Qualifiers for the Canterbury Park $500 satellite will run May 7th through May 12th and will feature both $65 and $125 buy-ins. (Credit: Poker News Daily)
Scott Seiver Wins PartyPoker Premier League V...
Going into the final table of the PartyPoker Premier League V, many in the poker community were hoping the Mathew Frankland’s Cinderella story would continue for one more day. Frankland, one of two players in the field who had to qualify to get into the game, began Tuesday with the largest chip stack, a reward for earning the most points in the preliminary heats. It was not to be for Frankland against an all-star table, though, as he bowed out in 7th place. Emerging triumphant just a few days shy of his 27th birthday was Scott Seiver, who gave himself a sweet early birthday gift of half a million dollars.
Though there were seasoned vets such as Erik Seidel, Phil Laak, and Tony G at the table, it came down to two of the young guns, Seiver and 22-year old online phenom Daniel “Jungleman” Cates, for the championship. The two started heads-up play in almost a dead heat in chips – Cates with 1.295 million and Seiver with 1.245 million. Within minutes, though, Seiver took a 500,000 chip lead, picking up many of those when he moved all-in with pocket Kings, forcing Cates to fold after a three-bet.
Just minutes later, Seiver stretched his lead to 2-to-1. With blinds at 20,000/40,000, Cates had to make a move quickly. A pocket pair was as good a hand as many with which to make that move, so Cates got it all-in pre-flop with 7-7. Seiver was all-in, as well (having Cates covered, of course), settling for a coin flip with K-Q. Cates had to have been happy with the flop, as it came down T-T-4, which both denied Seiver a pair and severely limited any straight possibilities. The 3 on the turn was fantastic, too, as Seiver now had just six outs. Unless you skipped everything to this point, you already know that the percentages were not with Cates on the river. Seiver spiked a King to give him the title and the $500,000 first prize.
Here is a look at the final table standings and prize payouts:
1. Scott Seiver – $500,000
2. Daniel Cates – $300,000
3. Phil Laak – $175,000
4. Patrik Antonius – $125,000
5. Tony G – $100,000
6. Tom Dwan – $80,000
7. Mathew Frankland – $65,000
8. Sam Trickett – $55,000
But that’s not all. Each player in the PartyPoker Premier League V received $2,000 for each point earned in the preliminary heats. The standings based on total winnings remained almost the same after including the bonus money. The only change was Frankland moving up from 7th to 6th in the money rankings, the result of his winning $80,000 in the preliminary rounds. All 16 players won prize money, though only Seiver, Cates, Laak, Patrik Antonius, Tony G, Frankland, and Tom Dwan made enough to cover the $125,000 buy-in. Because Frankland won his seat, though, his winnings were all profit. The same was true for Ben Wilinofsky, which is fortunate, as he took home just $2,000. (Credit: Poker News Daily)
2012 PartyPoker Premier League V – Final Payouts
Scott Seiver – $560,000
Daniel Cates – $376,000
Phil Laak – $233,000
Patrik Antonius – $189,000
Tony G – $160,000
Mathew Frankland – $145,000
Tom Dwan – $136,000
Sam Trickett – $121,000
Yevgeniy Timoshenko – $58,000
Andy Frankenberger – $56,000
Erik Seidel – $48,000
Vanessa Selbst – $46,000
Bertrand “ElkY” Grospellier – $36,000
Eugene Katchalov – $18,000
Luke Schwartz – $14,000
Ben Wilinofsky – $4,000
Star investigator dismisses 'Sniffing Sid' rumours...
An investigator at Sydney's Star casino has told an inquiry he does not believe his former boss Sid Vaikunta was using drugs while in charge of the business.
Kevin Houlahan, the casino's investigations manager, is giving evidence this morning at a public hearing by the Independent Liquor and Gaming Authority.
Gail Furness SC is presiding over the inquiry to examine the sacking of Mr Vaikunta, as well as claims of sexual harassment and a culture of bullying at the Star.
The inquiry heard yesterday from former staff member Elizabeth Ward, who believed Mr Vaikunta used drugs.
Ms Ward said that the casino's general manager came to be known to staff by the nickname "Sniffing Sid".
Mr Houlahan has told the hearing he had heard of the nickname and rumours that Mr Vaikunta used cocaine.
But the former policeman said Mr Vaikunta never showed any signs of being a drug user in his dealings with him.
"Mr Vaikunta made it very clear to me that he was against drug use, that he had been subjected to drug testing whilst he worked previously in the United States and that he was more than happy to introduce drug testing within the workplace here," Mr Houlahan told the inquiry.
Star spokesman Brad Schmidt yesterday condemned the claims of Mr Vaikunta's drug use.
The inquiry heard yesterday that a five centimetre line of fine white powder was found in a bathroom in a high roller section of the casino.
Ms Ward said she believed the powder was cocaine, but that it was switched for cement dust before it was tested.
Security questioned
Mr Houlahan has told the inquiry he was on annual leave when the powder was discovered in December.
He said when he returned to work and was updated on the matter he felt that several steps had been missed.
Mr Houlahan said the powder should have been photographed in situ, and it should have been appropriately bagged.
The inquiry into the casino also heard details of an anonymous report suggesting staff wiped evidence of Mr Vaidunka being drunk on the premises.
Mr Houlahan said he had no reason to believe security staff had deleted video footage showing Mr Vaikunta being removed from the building.
He says he questioned two security workers and he believes their responses.
"I interviewed two other staff members within the surveillance department to which I expressed the concerns about how or why the system works, can footage be deleted, have they ever been requested to delete footage, to which they both returned that no they'd never been asked and there is no way that you can delete footage," he said.
Counsel assisting the inquiry Michael Wigney put an allegation to Mr Houlahan, that he had once told a high roller, "You need to stay off the drugs".
But Mr Houlahan flatly dismissed the suggestion.
"I deny that conversation ever took place," he said.
The casino's chief executive, Larry Mullin, also faced questioning today.
Mr Mullin worked with Mr Vaikunta in the United States before they came to work at the Star.
Mr Wigney asked Mr Mullin about claims he and Mr Vaikunta were once at a bar in the casino where a female colleague was drinking.
Mr Vaikunta allegedly told bar staff to keep serving the woman shots, despite the fact she was drunk.
Mr Mullin told the inquiry he had no memory of the alleged incident.
Mr Wigney also asked if the casino put its business interests ahead of rules, but Mr Mullin said that was not the case.
"(We) keep them happy within the framework of what's legal," he said.
Mr Mullin said the media has misrepresented the casino.
Asian operators give Vegas casino titans run for their money...
MACAU/LAS VEGAS - Billionaire Sheldon Adelson, who became one of the world's richest men by creating a casino empire in Las Vegas and Macau, is doubling down on his bets in Asia, the hottest gambling market on the planet where his Singapore operation made $1 billion the first year it was opened.
The 78-year chairman of Las Vegas Sands, the world's biggest gambling company by market capitalisation, looked supremely confident when he opened his new $4.4 billion casino last week in the former Portuguese colony of Macau, the world's largest gambling destination where bettors spent $33.5 billion last year compared to Las Vegas, which took in $6 billion.
Speaking at the opening of his Sands Cotai Central on April 11, Adelson outlined plans to spend billions more developing casinos in Vietnam, Korea and Japan, in addition to the $35 billion he plans to spend on a Spanish casino-resort complex.
Rivals Wynn Resorts and MGM Resorts are also staking their own claims throughout Asia for growth.
It's not all an American story however. Asian players like Malaysia's Genting, Hong Kong-listed Galaxy Entertainment and Melco Crown, are aggressively raising the ante as they expand on their home turf.
Rise of the Asian titan
The race to conquer the Asian casino world is already heating up in the Philippines where Asian brokerage CLSA forecasts gambling revenue to grow from US$1.3 billion in 2011 to US$3 billion in 2015 once three new resorts are completed.
Genting, controlled by Malaysian businessman Lim Kok Thay, controls and is developing casinos in the Philippines through its Genting Hong Kong unit, while parent Genting Group is developing a casino in Vietnam with local asset management group VinaCapital, according to Vietnamese media.
Galaxy and Melco, which both sit on prime real estate on Macau's coveted casino strip, are also interested in investing in the Philippines, Cristino Naguiat, chairman of the state-owned Philippine Amusement & Gaming Corp, told Reuters in February.
The firms currently developing or operating casinos in the Philippines include Belle Corp, Bloomberry Resorts, Universal Entertainment and Travellers, a joint venture between Genting and Alliance Global.
"Countries like Singapore have provided a very good template for emerging jurisdictions looking to liberalize gaming entertainment," said Steven Tight, president of international development for U.S. giant Caesars Entertainment, which owns Caesars Palace in Las Vegas.
Caesars does not operate a casino in Macau, but is itself expanding in Asia and is building a luxury resort in China's southern tourist destination, Hainan, where gambling is illegal.
Genting Singapore, armed with a hefty cash reserve of some S$3.9 billion ($3.1 billion) as of March 2012, has in the past two months raised around S$2.3 billion in debt, suggesting it is likely to push ahead with expansion plans and global acquisitions in the near term, analysts said.
Loss of face
The Asian expansion by U.S. operators has not been without controversy. Government officials in several potential Asian gambling jurisdictions considering which operators will be awarded a license are growing weary of the negative headline risk that Las Vegas operators bring with them, executives said.
Sands and Wynn are both embroiled in legal battles in the United States and Macau. Sands is fighting lawsuits filed against it by its former Macau chief executive and a former Taiwanese business partner while Wynn is being investigated for a HK$1 billion ($130 million) donation to the University of Macau.
Alleged bribes for Philippine regulators became the centerpiece of litigation in the United States between Wynn and its largest shareholder, Kazuo Okada. The case is now before a federal court in Nevada.
Okada, one of Japan's richest men whose Universal Entertainment manufactures pachinko machines, is building a casino resort in the Philippines and is reported to be investing in South Korea.
"Since entering Macau, all three Las Vegas-based operators have had international headlines that have caused humiliation and 'loss of face' for their Chinese partners and government officials," said Matthew Ossolinski, chairman of Ossolinski Holdings, a global emerging markets fund that invests in casinos and other gambling-related companies. "Some government officials in Asia are now wondering: is it worth it?"
Leaving Las Vegas?
Meanwhile, U.S. operators committed to a future in Asia could make a bold move to leave Las Vegas by delisting and selling their U.S. properties, which could free them from various U.S. legal constraints.
"It would be creating a sort of international hybrid gaming company: an established, world-class operator without the American legal baggage," said fund manager Ossolinski, who predicts the next five years will determine who dominates Asian gambling for the next 20 years.
U.S. operators are also on guard against Asian companies muscling in on their territory in the United States. Genting has been buying waterfront real estate in downtown Miami over the past year, including buying the Miami Herald building, in the hopes the state will legalise gambling.
As Asian firms look to dominate in Asia by relying on their local networks and knowledge, they are also tapping the intellectual resources of Las Vegas by hiring Las Vegas-based lawyers, architects, live entertainment producers and information technology companies.
"It won't be long before Asian firms start acquiring and developing properties in Las Vegas as a part of creating a global footprint," said Jonathan Galaviz, managing director and chief economist at Galaviz and Company LLC, an economic research and government strategies firm.
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$1 Million WSOP Event up to 30 Entrants...
Cirque du Soleil founder Guy Laliberté, along with the World Series of Poker (WSOP), announced Thursday that this summer’s $1,000,000 buy-in WSOP event has added eight more entrants, increasing the field to a stout 30 players. The tournament, called the Big One for ONE DROP, is now on pace to feature the largest first prize in poker history.
In December, it was announced that 22 players had been confirmed for the event, just shy of half the 48-player maximum. Joining such poker luminaries as Daniel Negreanu, Johnny Chan, Bobby Baldwin, Tom Dwan, Patrik Antonius are:
Bob Bright – CEO, Bright Trading
Cary Katz – CEO, College Loan Corporation
Arnaud Mimran – French businessman
Paul Newey – Co-founder, New Wave Ventures, LLP. (UK)
Paul Phua – Asian businessman
Erik Seidel – Poker pro
Justin Smith – Poker pro
Richard Yong – Asian businessman
With $111,111 of the $1,000,000 dollar buy-in going to ONE DROP, the 30-player field brings the total prize pool to $26,666,670. According to a payout structure table provided by the WSOP, the winner of the tournament at its current size will earn $12,266,668.20, or 46 percent of the prize pool. That would break the record for the largest prize ever awarded in a poker tournament, live or online. The current record is $12,000,000, won by Jamie Gold in the 2006 WSOP Main Event.
ONE DROP is a charitable organization which seeks to provide access to clean, drinkable water to people around the world. In a press release, Laliberté, who himself is participating in the tournament, said, “It is an exciting moment and it is wonderful to see the poker community’s generosity, where organizations, players and fans are all coming together to support ONE DROP. Whether entering the BIG ONE for ONE DROP, becoming a poker ambassador, making a donation, or simply changing their water consumption habits, everyone can get involved and everyone should be concerned, because a child dies every 20 seconds from a water related disease and that together we can beat the odds.”
As it stands now, over $3.33 million from the tournament is earmarked for ONE DROP. And while 30 players signing up for a $1 million buy-in event is phenomenal, WSOP officials expect the tournament to reach its cap of 48 players. Should that happen, the prize pool will hit $40,000,000, with $17,200,002.15 going to the winner.
The continued growth of the Big One for ONE DROP will be aided by live satellites scheduled to be held at casinos around the country. The next satellite will be at Canterbury Park in Shakopee, Minnesota. The direct buy-in for the “Main Event” satellite is $500 with 40 percent of the prize pool going to the winner. That first prize is guaranteed to include at least the $25,300 buy-in to the Official World Series of Poker the Big One Satellite on Saturday, June 30th in Las Vegas, where at least one $1,000,000 seat in the Big One will be awarded. Also included in the Canterbury Park prize packages is airfare and lodging. Qualifiers for the Canterbury Park $500 satellite will run May 7th through May 12th and will feature both $65 and $125 buy-ins. (Credit: Poker News Daily)
Scott Seiver Wins PartyPoker Premier League V...
Going into the final table of the PartyPoker Premier League V, many in the poker community were hoping the Mathew Frankland’s Cinderella story would continue for one more day. Frankland, one of two players in the field who had to qualify to get into the game, began Tuesday with the largest chip stack, a reward for earning the most points in the preliminary heats. It was not to be for Frankland against an all-star table, though, as he bowed out in 7th place. Emerging triumphant just a few days shy of his 27th birthday was Scott Seiver, who gave himself a sweet early birthday gift of half a million dollars.
Though there were seasoned vets such as Erik Seidel, Phil Laak, and Tony G at the table, it came down to two of the young guns, Seiver and 22-year old online phenom Daniel “Jungleman” Cates, for the championship. The two started heads-up play in almost a dead heat in chips – Cates with 1.295 million and Seiver with 1.245 million. Within minutes, though, Seiver took a 500,000 chip lead, picking up many of those when he moved all-in with pocket Kings, forcing Cates to fold after a three-bet.
Just minutes later, Seiver stretched his lead to 2-to-1. With blinds at 20,000/40,000, Cates had to make a move quickly. A pocket pair was as good a hand as many with which to make that move, so Cates got it all-in pre-flop with 7-7. Seiver was all-in, as well (having Cates covered, of course), settling for a coin flip with K-Q. Cates had to have been happy with the flop, as it came down T-T-4, which both denied Seiver a pair and severely limited any straight possibilities. The 3 on the turn was fantastic, too, as Seiver now had just six outs. Unless you skipped everything to this point, you already know that the percentages were not with Cates on the river. Seiver spiked a King to give him the title and the $500,000 first prize.
Here is a look at the final table standings and prize payouts:
1. Scott Seiver – $500,000
2. Daniel Cates – $300,000
3. Phil Laak – $175,000
4. Patrik Antonius – $125,000
5. Tony G – $100,000
6. Tom Dwan – $80,000
7. Mathew Frankland – $65,000
8. Sam Trickett – $55,000
But that’s not all. Each player in the PartyPoker Premier League V received $2,000 for each point earned in the preliminary heats. The standings based on total winnings remained almost the same after including the bonus money. The only change was Frankland moving up from 7th to 6th in the money rankings, the result of his winning $80,000 in the preliminary rounds. All 16 players won prize money, though only Seiver, Cates, Laak, Patrik Antonius, Tony G, Frankland, and Tom Dwan made enough to cover the $125,000 buy-in. Because Frankland won his seat, though, his winnings were all profit. The same was true for Ben Wilinofsky, which is fortunate, as he took home just $2,000. (Credit: Poker News Daily)
2012 PartyPoker Premier League V – Final Payouts
Scott Seiver – $560,000
Daniel Cates – $376,000
Phil Laak – $233,000
Patrik Antonius – $189,000
Tony G – $160,000
Mathew Frankland – $145,000
Tom Dwan – $136,000
Sam Trickett – $121,000
Yevgeniy Timoshenko – $58,000
Andy Frankenberger – $56,000
Erik Seidel – $48,000
Vanessa Selbst – $46,000
Bertrand “ElkY” Grospellier – $36,000
Eugene Katchalov – $18,000
Luke Schwartz – $14,000
Ben Wilinofsky – $4,000
Star investigator dismisses 'Sniffing Sid' rumours...
An investigator at Sydney's Star casino has told an inquiry he does not believe his former boss Sid Vaikunta was using drugs while in charge of the business.
Kevin Houlahan, the casino's investigations manager, is giving evidence this morning at a public hearing by the Independent Liquor and Gaming Authority.
Gail Furness SC is presiding over the inquiry to examine the sacking of Mr Vaikunta, as well as claims of sexual harassment and a culture of bullying at the Star.
The inquiry heard yesterday from former staff member Elizabeth Ward, who believed Mr Vaikunta used drugs.
Ms Ward said that the casino's general manager came to be known to staff by the nickname "Sniffing Sid".
Mr Houlahan has told the hearing he had heard of the nickname and rumours that Mr Vaikunta used cocaine.
But the former policeman said Mr Vaikunta never showed any signs of being a drug user in his dealings with him.
"Mr Vaikunta made it very clear to me that he was against drug use, that he had been subjected to drug testing whilst he worked previously in the United States and that he was more than happy to introduce drug testing within the workplace here," Mr Houlahan told the inquiry.
Star spokesman Brad Schmidt yesterday condemned the claims of Mr Vaikunta's drug use.
The inquiry heard yesterday that a five centimetre line of fine white powder was found in a bathroom in a high roller section of the casino.
Ms Ward said she believed the powder was cocaine, but that it was switched for cement dust before it was tested.
Security questioned
Mr Houlahan has told the inquiry he was on annual leave when the powder was discovered in December.
He said when he returned to work and was updated on the matter he felt that several steps had been missed.
Mr Houlahan said the powder should have been photographed in situ, and it should have been appropriately bagged.
The inquiry into the casino also heard details of an anonymous report suggesting staff wiped evidence of Mr Vaidunka being drunk on the premises.
Mr Houlahan said he had no reason to believe security staff had deleted video footage showing Mr Vaikunta being removed from the building.
He says he questioned two security workers and he believes their responses.
"I interviewed two other staff members within the surveillance department to which I expressed the concerns about how or why the system works, can footage be deleted, have they ever been requested to delete footage, to which they both returned that no they'd never been asked and there is no way that you can delete footage," he said.
Counsel assisting the inquiry Michael Wigney put an allegation to Mr Houlahan, that he had once told a high roller, "You need to stay off the drugs".
But Mr Houlahan flatly dismissed the suggestion.
"I deny that conversation ever took place," he said.
The casino's chief executive, Larry Mullin, also faced questioning today.
Mr Mullin worked with Mr Vaikunta in the United States before they came to work at the Star.
Mr Wigney asked Mr Mullin about claims he and Mr Vaikunta were once at a bar in the casino where a female colleague was drinking.
Mr Vaikunta allegedly told bar staff to keep serving the woman shots, despite the fact she was drunk.
Mr Mullin told the inquiry he had no memory of the alleged incident.
Mr Wigney also asked if the casino put its business interests ahead of rules, but Mr Mullin said that was not the case.
"(We) keep them happy within the framework of what's legal," he said.
Mr Mullin said the media has misrepresented the casino.
Asian operators give Vegas casino titans run for their money...
MACAU/LAS VEGAS - Billionaire Sheldon Adelson, who became one of the world's richest men by creating a casino empire in Las Vegas and Macau, is doubling down on his bets in Asia, the hottest gambling market on the planet where his Singapore operation made $1 billion the first year it was opened.
The 78-year chairman of Las Vegas Sands, the world's biggest gambling company by market capitalisation, looked supremely confident when he opened his new $4.4 billion casino last week in the former Portuguese colony of Macau, the world's largest gambling destination where bettors spent $33.5 billion last year compared to Las Vegas, which took in $6 billion.
Speaking at the opening of his Sands Cotai Central on April 11, Adelson outlined plans to spend billions more developing casinos in Vietnam, Korea and Japan, in addition to the $35 billion he plans to spend on a Spanish casino-resort complex.
Rivals Wynn Resorts and MGM Resorts are also staking their own claims throughout Asia for growth.
It's not all an American story however. Asian players like Malaysia's Genting, Hong Kong-listed Galaxy Entertainment and Melco Crown, are aggressively raising the ante as they expand on their home turf.
Rise of the Asian titan
The race to conquer the Asian casino world is already heating up in the Philippines where Asian brokerage CLSA forecasts gambling revenue to grow from US$1.3 billion in 2011 to US$3 billion in 2015 once three new resorts are completed.
Genting, controlled by Malaysian businessman Lim Kok Thay, controls and is developing casinos in the Philippines through its Genting Hong Kong unit, while parent Genting Group is developing a casino in Vietnam with local asset management group VinaCapital, according to Vietnamese media.
Galaxy and Melco, which both sit on prime real estate on Macau's coveted casino strip, are also interested in investing in the Philippines, Cristino Naguiat, chairman of the state-owned Philippine Amusement & Gaming Corp, told Reuters in February.
The firms currently developing or operating casinos in the Philippines include Belle Corp, Bloomberry Resorts, Universal Entertainment and Travellers, a joint venture between Genting and Alliance Global.
"Countries like Singapore have provided a very good template for emerging jurisdictions looking to liberalize gaming entertainment," said Steven Tight, president of international development for U.S. giant Caesars Entertainment, which owns Caesars Palace in Las Vegas.
Caesars does not operate a casino in Macau, but is itself expanding in Asia and is building a luxury resort in China's southern tourist destination, Hainan, where gambling is illegal.
Genting Singapore, armed with a hefty cash reserve of some S$3.9 billion ($3.1 billion) as of March 2012, has in the past two months raised around S$2.3 billion in debt, suggesting it is likely to push ahead with expansion plans and global acquisitions in the near term, analysts said.
Loss of face
The Asian expansion by U.S. operators has not been without controversy. Government officials in several potential Asian gambling jurisdictions considering which operators will be awarded a license are growing weary of the negative headline risk that Las Vegas operators bring with them, executives said.
Sands and Wynn are both embroiled in legal battles in the United States and Macau. Sands is fighting lawsuits filed against it by its former Macau chief executive and a former Taiwanese business partner while Wynn is being investigated for a HK$1 billion ($130 million) donation to the University of Macau.
Alleged bribes for Philippine regulators became the centerpiece of litigation in the United States between Wynn and its largest shareholder, Kazuo Okada. The case is now before a federal court in Nevada.
Okada, one of Japan's richest men whose Universal Entertainment manufactures pachinko machines, is building a casino resort in the Philippines and is reported to be investing in South Korea.
"Since entering Macau, all three Las Vegas-based operators have had international headlines that have caused humiliation and 'loss of face' for their Chinese partners and government officials," said Matthew Ossolinski, chairman of Ossolinski Holdings, a global emerging markets fund that invests in casinos and other gambling-related companies. "Some government officials in Asia are now wondering: is it worth it?"
Leaving Las Vegas?
Meanwhile, U.S. operators committed to a future in Asia could make a bold move to leave Las Vegas by delisting and selling their U.S. properties, which could free them from various U.S. legal constraints.
"It would be creating a sort of international hybrid gaming company: an established, world-class operator without the American legal baggage," said fund manager Ossolinski, who predicts the next five years will determine who dominates Asian gambling for the next 20 years.
U.S. operators are also on guard against Asian companies muscling in on their territory in the United States. Genting has been buying waterfront real estate in downtown Miami over the past year, including buying the Miami Herald building, in the hopes the state will legalise gambling.
As Asian firms look to dominate in Asia by relying on their local networks and knowledge, they are also tapping the intellectual resources of Las Vegas by hiring Las Vegas-based lawyers, architects, live entertainment producers and information technology companies.
"It won't be long before Asian firms start acquiring and developing properties in Las Vegas as a part of creating a global footprint," said Jonathan Galaviz, managing director and chief economist at Galaviz and Company LLC, an economic research and government strategies firm.
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