Favorite Jorryt van Hoof will go into the WSOP Final Table finale as chip frontrunner tonight, as three players battle for a $10 million prize that is first.
The World group of Poker final 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 continental landmass have bagged themselves gold, silver and bronze in this race, with the very last great American hope, Will Tonking from New Jersey, bowing away gracefully in fourth.
Joining van Hoof tonight to relax and play for the title that is biggest in poker will likely be Sweden’s Martin Jacobson, who has 64.75 million in chips, and Norway’s Felix Stephensen, with 46.1 million. Van Hoof, meanwhile, has a by-no-means insurmountable chip lead of 89.6 million. Tonight, the players will compete for a prize that is top of10 million plus the title of World Champion.
November Nine play started off cagily, as you might expect for a competition with vast amounts at stake by which a few of the pay jumps could purchase you a residence or two. In fact, it took 12 hours to whittle nine down to three. Initial elimination, whenever it came, was extraordinary, in it had been Mark Newhouse, the guy whom completed ninth year that is last. Someone identified that the odds of Newhouse making back-to-back final tables was 524,558-1, so that the odds of him completing ninth twice should be from the chart.
It had to have been particularly galling for Newhouse, because he started the table that is final in potato chips and a respectable 65 big blinds. But, if it’s any consolation, some may believe coming in ninth twice is a tad more impressive than winning the whole thing once, albeit slightly less lucrative. Newhouse picked up $ 730,725, for their incredible ninth destination finish, two and a half grand less than he won this past year.
Probably one of the most entertaining performances of the night was compared to Billy Pappas, a celebrated fooseball champ from Massachusetts, who began the table as one of 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 story, but alas is was not to be for Pappas, whose run came to an end when he ran his head that is a-J on Martin Jacobson’s pocket fives. A five on the flop crippled Pappas and he was out next hand in fifth, choosing up a handsome $2,143,794 for his wild ride.
Van Hoof Still Favorite
Van Hoof will definitely end up being the favorite going into tonight’s finale, as he has a chip that is commanding, plus a vast number of tournament experience. However, there’s a great amount of play left in those potato chips. Lying in second, Jacobson is a good bet, too; a hugely consistent tournament player, he has $4.8 million in life time real time tournament earnings, topping the money list that is swedish. Few players have actually made more EPT final tables than Jacobson, yet that major first-place finish still eludes him. Year could this be his?
As well as the card that is wild be online player Felix Stephensen, who chose to enter the Main Event together with his winnings after wagering that Holland would beat Australia exactly 3-2 in the World Cup. Stephensen has recently parlayed that $1,000 bet into at minimum $3.8 million, the minimum each player will win tonight.
Caesars Entertainment Tanks with $908.1 Million in Third Quarter losings
Caesars Entertainment CEO Gary Loveman is bullish on his company’s future, despite near to one billion dollars in 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 regarding the spending habits or bank statements.
Already much-chastened with the casino industry’s debt load that is highest definitely, new reports of posted Q3 losses of $908.1 million can only just compound Caesars’ woes. Despite being probably the most recognized casino conglomerate in the world, Caesars’ level of financial obligation is colossal, standing at $22.88 billion during the end of September.
The organization is currently engaged in a battle with its creditors and bondholders in a bid to restructure some $18 billion of that stranglehold obligation.
Caesars acquired the majority of its debt when the outfit went private in 2008, after a $30.1 billion takeover by Apollo Global Management and TPG Capital, just as the economic downturn hit. As the recession ravaged the casino that is land-based in America, Caesars, with its 50 gambling enterprises across the US, was struck the hardest.
The company announced its intent to restructure its debt back in May, which analysts have said 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 Income
In August, the casino giant filed case against a number of its investors, claiming they certainly were attempting to impede its efforts to restructure, and the company happens to be undergoing private negotiations with banking institutions and lenders nonetheless.
Loveman will never 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 is premature to report regarding the information on these negotiations with creditors, it is fair to state that the talks are constructive,’ Loveman stated. ‘Further, our company is extremely focused on ensuring operating costs are aligned with the current environment to enhance profitability.’
The company’s net loss for the quarter ended up being 19.3 percent more than its net loss in the quarter that is third year ago; nonetheless, income actually increased, to $2.212 billion, which Loveman said was driven primarily by Caesars’ social and mobile gaming operations, and reflected ‘strength in the interactive business, stabilizing trends regionally, and generally good performance in Las Vegas.’
Caesars Interactive Entertainment (CIE), a subsidiary of Caesars Growth Partners (CGP), has seen revenue that is net to $161.6 million. CGP has made four acquisitions of social gaming development companies on the previous years that are few has declared its intention to ‘be number 1 in the casino genre on mobile and Facebook.’
Meanwhile, CIE operates the WSOP.com that is popular online brand in Nevada and New Jersey.
Loveman stated that the company’s profits had suffered because of ‘unfavorable hold’ in the casino at Caesars Palace, which had cost the ongoing company around $35 million in operating. He said the Las Vegas Strip casino also was hit by ‘a decline in high-end international play.’
However, he also said he was upbeat about the growth that is year-on-year of Las Vegas tourism industry, especially on the Strip. ‘The trend reinforces our confidence in the investments we now have made on the Strip,’ he said. ‘Our new assets in Las Vegas have added value that is significant our portfolio.
‘Moving ahead, we come across a few characteristics that bode well for our future, including signs of improvement in local markets, given restricted supply growth and greater traction from our investments in hospitality and entertainment offerings across our system,’ he added.
Sweden’s Martin Jacobson Sweeps World Series of Poker Principal Event
Martin Jacobson is the first player from Sweden to win the WSOP Main Event. (Image: GutshotMagazine.com)
Martin Jacobson of Sweden won the planet variety of Poker (WSOP) Main Event on Tuesday evening, making a set of tens regarding the final hand to claim poker’s championship that is biggest. Jacobson’s victory marked their WSOP that is first bracelet, and also came with ten dollars million in reward cash.
Jacobson’s effort was one of the more impressive Main that is WSOP Event in recent history. The Swedish poker professional ended up being the leader at the conclusion of Day 1A, and remained among the chip leaders virtually throughout the entire occasion until the final dining table, where he entered just in eighth place with a stack that is relatively short.
But Jacobson played brilliantly at the table that is final seemingly making moves at the perfect times to keep up their stack and chip up whenever feasible. By the time play broke after A monday that is long session Jacobson sat in 2nd place with only three players remaining in contention.
Van Hoof Knocked Out in Third Place
It is difficult to imagine being disappointed with a third place finish at the WSOP Main Event and a $3,807,753 prize, but Jorryt van Hoof could legitimately feel as if he should have done better. He entered both the table that is final the final three with the chip lead, but failed to find any success during his last three hours in the tournament.
On his hand that is final Hoof held A5 of diamonds and relocated all in for 46.2 million potato chips. Jacobson called with AT, creating a prospective reduction. 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 van that is taking out in third place.
‘ In the end, we completed third in the WSOP Main Event,’ Van Hoof said. ‘So, I can’t complain.’
Jacobson Pulls Away in Heads-Up Battle
That reduction set the stage for a heads-up battle between Jacobson, who now had 142 million in chips, and Norway’s Felix Stephensen, who had 58.5 million. Stephensen discovered some success that is minor, but the Swede ultimately pulled away, pushing his opponent to under 30 million chips after a little more than one hour of heads-up play.
That left Stephensen in a position where all-in moves had been most likely the best option to reunite to the fight. Both players moved all-in without being called on a few occasions prior to the hand that is final decided the tournament once and for all.
On that hand, Stephensen started the action by raising to 3.5 million chips on the button. Jacobson almost immediately moved all in, and Stephensen quickly required their final 28.3 million in chips. Stephensen showed their A9 of hearts, but he was well behind Jacobson’s pocket tens.
Jacobson’s friends and fans started calling for the ten from the rail, and their request was granted as the flop arrived 3-9-T. Stephensen had enhanced as well, but he now needed two cards to overcome Stephensen’s three tens. Whenever a king arrived on the turn quick hits slot machine free, the tournament was over; the four on the river only managed to get official, as Jacobson was crowned as 2014’s World Champion.
Stephensen’s run through the field of 6,683 players may have ended in second place, but he can still be well-rewarded for this kind of impressive outcome. Once the runner-up, Stephensen won $5,147,911.
For Jacobson, the win is a capstone on a vocation which includes been already quite effective. He had already won over $4.8 million in their tournament career before his WSOP victory, and was widely regarded as the most accomplished player during the final table. He could be now initial player that is swedish win the WSOP Main Event and also the winningest tournament poker player in the world’s history.