Jorryt Van Hoof Leads as WSOP Final Table Down to ThreeJaroco
Favorite Jorryt van Hoof will go into the WSOP Final Table finale as chip frontrunner tonight, as three players battle for the $10 million prize that is first.
The World variety of Poker final dining table is down to three players, with Dutchman Jorryt van Hoof finishing yesterday’s play as he started, with the chip lead and bossing the table around.
And despite Phil Hellmuth’s once disparaging remark about ‘Northern European idiots,’ three players hailing from the upper section of that very landmass that is continental bagged on their own gold, silver and bronze in this race, with the past great American hope, Will Tonking from New Jersey, bowing away gracefully in fourth.
Joining van Hoof tonight to try out 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 chip that is insurmountable of 89.6 million. Tonight, the players will compete for the top prize of $10 million and also the title of World Champion.
November Nine play began cagily, as you could expect for the competition with huge amount of money at stake in which some of the pay jumps could purchase you a house or two. In fact, it took 12 hours to whittle nine down to three. 1st elimination, whenever it came, was extraordinary, in it had been Mark Newhouse, the guy who finished ninth year that is last. Someone determined that the odds of Newhouse making back-to-back final tables was 524,558-1, so the odds of him completing ninth twice must be from the chart.
It had to have been particularly galling for Newhouse, because he started the final table third in chips and a respectable 65 big blinds. Nonetheless, if it’s any consolation, some may believe that coming in ninth twice is just a tad more impressive than winning the whole thing once, albeit somewhat less lucrative. Newhouse picked up $ 730,725, for his incredible ninth place finish, two and a half grand less than he won a year ago.
Perhaps one of the most entertaining performances regarding the night was that of Billy Pappas, a celebrated fooseball champ from Massachusetts, who began the table among the short stacks, then became the particular shortstack, before doubling through twice to suddenly find himself second in potato chips.
We all love a rags-to-riches tale, but alas is was not to ever be for Pappas, whose run came to an end when he ran their head that is a-J on Martin Jacobson’s pocket fives. A five on the flop crippled Pappas and he was out next hand in fifth, choosing up a handsome $2,143,794 for his crazy ride.
Van Hoof Nevertheless Favorite
Van Hoof will certainly end up being the favorite going into tonight’s finale, as he’s a commanding chip lead, and also a vast number of tournament experience. However, there is a good amount of play left in those potato chips. Lying in second, Jacobson is a good bet, too; a hugely consistent competition player, he has $4.8 million in lifetime 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?
While the crazy card could be online player Felix Stephensen, who chose to enter the Main Event with his winnings after betting that Holland would beat Australia precisely 3-2 in the World Cup. Stephensen has already 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 their company’s future, despite near to one billion dollars in losings into the quarter that is third. (Image: Vince Talotta/Toronto Star)
Caesars Entertainment is the company to compare yourself 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 by far, new reports of posted Q3 losses of $908.1 million can only just compound Caesars’ woes. Despite being probably the most casino that is recognized in the world, Caesars’ level of debt is colossal, standing at $22.88 billion at the end of September.
The company happens to be engaged in a battle with its creditors and bondholders in a bid to restructure some $18 billion of that stranglehold obligation.
Caesars acquired nearly all of its debt when the outfit went private in 2008, after a $30.1 billion takeover by Apollo worldwide 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 actually stated is just a necessity to be able in order to avoid bankruptcy. Whilst not eliminating any long-term obligation, the process would eradicate significantly more than $1 billion of repayments due in 2015.
This in turn, said CEO Gary Loveman, would ‘lay the foundation for both significant de-leveraging and value creation at Caesars Entertainment.’
Caesars Interactive Doubles Income
In August, the casino giant filed a lawsuit against several of its investors, claiming these people were attempting to impede its efforts to restructure, plus the business is currently undergoing negotiations that are private banking institutions and lenders nevertheless.
Loveman will never divulge details this week on the progress of the talks, other than to say that Caesars had been ‘keenly focused on deleveraging’ the balance sheet.
‘While it is premature to report regarding the information on these negotiations with creditors, its fair to say that the talks have already been constructive,’ Loveman stated. ‘Further, our company is extremely focused on ensuring operating costs are aligned with the current environment to enhance profitability.’
The business’s net loss for the quarter had been 19.3 percent higher than its net loss in the third quarter a year ago; however, revenue actually increased, to $2.212 billion, which Loveman said was driven 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, nevada.’
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 purchases of social gaming development companies over the past few years and has announced its intention to ‘be number 1 in the casino genre on mobile and Facebook.’
Meanwhile, CIE operates the popular WSOP.com online poker brand in Nevada and nj-new Jersey.
Loveman stated that the business’s profits had suffered because of ‘unfavorable hold’ in the casino at Caesars Palace, which had cost the company around $35 million in running. He said the vegas Strip casino also had been struck by ‘a decline in high-end international play.’
Nevertheless, he also said he was upbeat about the growth that is year-on-year of Las vegas, nevada tourism industry, specially in the Strip. ‘The trend reinforces our self- confidence in the investments we have made on the Strip,’ he said. ‘Our new opportunities in Las Vegas have added significant value to our profile.
‘Moving forward, we come across a few characteristics that bode well for our future, including signs of improvement in regional markets, offered limited supply growth and greater traction from our investments in hospitality and entertainment offerings across our system,’ he included.
Sweden’s Martin Jacobson Sweeps World Series of Poker Main Event
Martin Jacobson could be the player that is first Sweden to win the WSOP Main Event. (Image: GutshotMagazine.com)
Martin Jacobson of Sweden won the planet Series quick hits slot machine payouts of Poker (WSOP) Main Event on Tuesday evening, making a set of tens on the final hand to claim poker’s championship that is biggest. Jacobson’s victory marked their first WSOP bracelet win, and additionally was included with ten dollars million in prize money.
Jacobson’s effort was one of the more impressive Main that is WSOP Event in recent history. The Swedish poker professional had been the leader by the end of Day 1A, and remained among the chip leaders virtually throughout the entire occasion until the final dining table, where he entered only in eighth place with a stack that is relatively short.
But Jacobson played brilliantly at the last table, seemingly making techniques at the perfect times to keep up his stack and chip up whenever possible. By the time play broke after a long monday session, Jacobson sat in second spot with only three players remaining in contention.
Van Hoof Knocked Out in Third Destination
It’s hard to imagine being disappointed with a place that is third at the WSOP Main Event and a $3,807,753 prize, but Jorryt van Hoof could legitimately feel as if he needs to have done better. He entered both the table that is final the last three with the chip lead, but failed to find any success during his last three hours into the tournament.
On their last hand, van Hoof held A5 of diamonds and moved all in for 46.2 million chips. Jacobson called with AT, setting up a possible eradication. Van Hoof hit a five on the flop, but Jacobson also improved with a ten. The change and river both came down as queens, giving Jacobson the pot and taking van Hoof out in third destination.
‘ In the end, we finished 3rd 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 found some success that is minor, however the Swede sooner or later pulled away, pushing his opponent to under 30 million chips after having a little more than an hour or so of heads-up play.
That left Stephensen in a position where all-in moves had been likely the option that is best to reunite to the fight. Both players moved all-in without being called on a few occasions before the hand that is final decided the tournament once as well as for all.
On that tactile hand, Stephensen opened the action by raising to 3.5 million chips on the switch. Jacobson almost immediately moved all in, and Stephensen quickly called for his last 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 a ten through the rail, and their request was granted as the flop arrived 3-9-T. Stephensen had enhanced since well, but he now needed two cards to overcome Stephensen’s three tens. Each time a king arrived on the turn, the competition was over; the four on the river only managed to make it official, as Jacobson ended up being crowned as 2014’s World Champion.
Stephensen’s run through the field of 6,683 players might have ended in 2nd place, but he will still be well-rewarded for such an impressive outcome. Because the runner-up, Stephensen won $5,147,911.
For Jacobson, the win is a capstone on a vocation which includes been already quite successful. He had already won over $4.8 million in his tournament career before their WSOP victory, and was widely regarded as the most accomplished player during the final table. He could be now the initial Swedish player to win the WSOP Main Event as well as the winningest tournament poker player in the nation’s history.