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Chris Fuchs Wins Opening Event of WSOP Circuit Horseshoe Hammond Stop

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Chris Fuchs, an IT sales specialist by day, topped the behemoth field of the WSOP Circuit Horseshoe Hammond Opening Event for his debut gold ring from the series and a hefty first-place prize of $124,385.

Fuchs has been playing poker recreationally for over a decade now. And the player played the Horseshoe Hammond stop for a fifth straight year. He told WSOP staff after his triumph in the series that he had not planned to take part in the upcoming Main Event but, encouraged by his success in the opening event, he decided to take a shot at the $1,700 buy-in tournament that is set to take place over the weekend.

The opening event at Horseshoe Hammond once again drew a massive field. As many as 2,563 entries registered into the tournament. They created a prize pool of $845,790, easily beating the $777,777 guarantee. The top 272 spots got paid, min-cashes starting from $294.

The event featured five starting flights and a second, and final, day of play. Day 2 of the tournament was played on Sunday. Only 220 survivors returned to the host casino that day to play down to a champion. And it did not take long before the unofficial final table of ten was set.

Final Table and Heads-Up

Fuchs was the chip leader at the time with a massive advantage of 4 million over his nearest rival. The player had 9.63 million at the start of the final table. Nicholas Cikulin was ranking second in the temporary leaderboard at that point with 5.235 million in chips.

Fuchs pretty much maintained his advantage over the course of final table play. The player told WSOP staff that he had run pretty well throughout that closing stage with good cards coming his way all the time. And indeed, the player performed extremely well and took advantage of what he was offered at the table to eventually emerge victorious and be crown as the champion of the first tournament on the schedule of this year’s WSOP Circuit Horseshoe Hammond.

The winner eventually faced James Gregg for their final heads-up match. Gregg, a New Berlin, Wisconsin resident, was too vying for his first gold ring from the series. However, the piece was not meant for him this time. The player was defeated by Fuchs to collect $77,362 for his runner-up finish.

As mentioned earlier, Fuchs will be seen next weekend when the Main Event will be taking place. The tournament is scheduled to kick off Friday, October 19 with the first of its two starting flights. It will feature a guaranteed prize pool of $1 million, but it is yet to be seen whether it will be surpassed.

Maria Ho Wins 2018 WPT DeepStacks Johannesburg Main Event

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The 2018 WPT DeepStacks Johannesburg R13,500 ($940 USD) no-limit hold’em main event attracted a total of 387 entries to the Emperors Palace Hotel Casino in South Africa, building a final prize pool of R4,649,800 ($323,787 USD). In the end, the lion’s share of that money was awarded to Maria Ho, who emerged victorious with the trophy and the top prize of R1,000,000 ($70,000 USD). This was the third live tournament title of the American poker pro’s career, and the score saw her career earnings grow to over $2.7 million.

In addition to the title and the money, Ho also earned 300 Card Player Player of the Year points as the champion of this event. This was her fifth POY-qualified final table of the year, and with 974 total points earned she now sits in 385th place in the overall rankings.

Ho came into the final day of this tournament as the chip leader with 29 players remaining. She navigated her way to the final table, maintaining the lead along the way. From there she scored three knockouts on the way to getting heads-up against Riyad Khan for the title. The final two players began on a relatively even footing, and they traded the lead a bit before Ho won a key pot to earn a commanding advantage. With a flop of 5Club Suit3Heart Suit3Diamond Suit Ho check-called a bet of 700,000 and the turn brought the 6Heart Suit. Khan bet enough to nearly put Ho all-in, and eventually she opted to jam the last of her stack in. Khan had bet 3.1 million and Ho had shoved for 3.6 million, so Khan had to call off a half million. He did so with just A-7 for ace high with the threes on the board. Ho held the 8Diamond Suit5Heart Suit for fives and threes. The river was the QHeart Suit and Ho doubled up to surge to over 10 million in chips, leaving Khan with just under 1.5 million.

Not long after Ho moved all-in from the button with the KHeart Suit5Spade Suit and Khan called with the JClub Suit8Spade Suit. The board ran out QHeart Suit9Diamond Suit7Heart SuitQDiamond Suit5Club Suit and Ho made queens and fives to secure the pot and the title. Khan earned R712,000 ($49,840 USD) as the runner-up finisher.

Here is a look at the payouts and POY points awarded at this final table:

Place Player Earnings (USD) POY Points
1 Maria Ho $70,000 300
2 Riyad Khan $49,840 250
3 Justin Uys $32,060 200
4 Joe Abreu $20,300 150
5 Rob Fenner $15,610 125
6 George Levine $12,950 100
7 Shadley Abrahams $10,850 75
8 Steven Radloff $8,890 50
9 Jarred Solomon $7,126 25
Winner photo via WPT’s Twitter account: @WPT

Liv Boeree, Daniel Negreanu to Battle at Chess in Latest PokerStars Platinum Pass Promo

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In a poker crossover event unlike anything we’ve previously seen, the poker savants will battle each other with an assist from a pair of chess specialists, with all of it to be streamed on Twitch this Sunday.

The event is called PokerStars Play Chess, and while it will be chess in the traditional sense, the matches themselves will be anything but typical. Negreanu and Boeree will be the ones playing, but they’ll be getting heavy hand from the masters.

Talk to the Hand?

The live-streamed matches will be played “hand and brain” style, with the chess experts acting as the brain and the poker masters executing with their hands.

There’s a twist, though. The “brain” can only tell the “hand” which piece to move, not where it should be moved. And they’ll be under the gun, too. Each match in the five-game affair will feature a 10-minute clock, and if the “hand” doesn’t act within 30 seconds, they’re on their own — the “brain” can no longer help once time’s up.

“This partner chess game is ideal for pairing celebrity aficionados with chess masters,” said Jennifer Shahade, a PokerStars ambassador and two-time US Women’s Chess Champion and author of “Chess Bitch” and “Play Like a Girl,” who will be one of the brains assisting the poker players. “This results in a lot of laughs and unintended consequences.”

The other chess master will be international master and director of content at Chess.com, Daniel Rensch.

“As by far the worst poker player in the event, I’m just glad we’re playing chess,” Rensch said.

The ringer here may be Negreanu, who took up the game with a gusto in 2018.

Boeree doesn’t have the same level of chess experience, but she’s known as a master strategist. Her strategic approach to all things in life has been featured in a pair of 2018 Ted Talks.

30k Platinum Pass at Stake

The event is a promotion built around the $25,000 PokerStars Players Championship in the Bahamas in early January.

The online poker operator has been handing out $30,000 “Platinum Passes” to the tournament (for entry fee plus travel expenses) via a series of promotions. Negreanu awarded one to a lucky fan for producing the most inspirational video.

Someone will walk away with another pass during Sunday’s stream. PokerStars put out a challenge to the public to come up with a new game that mixes elements of strategy and luck from both poker and chess.

Entries have been whittled down to six, and while we don’t know anything about the games yet, the details of each variant will be revealed during the matches.

The winner will walk away with a Platinum Pass and will be butting their poker skills to the test in the Caribbean come the new year.

Borgata Says Phil Ivey’s NJ Bank Account Was Empty, Seeks Court Approval To Go After NV Assets

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Atlantic City’s top casino wants to docket its judgement against Phil Ivey in Nevada.

According to Oct. 9 court filings, Borgata has requested that the U.S. District Court for the District of New Jersey allow it to register the $10.1 million judgement in Nevada so that it can attempt to pursue Ivey’s assets in or around Las Vegas. Borgata said in a court filing that it has so far been unsuccessful executing the judgement, handed down by the court in late 2016.

“Borgata has been unable to locate any assets of Defendants in New Jersey,” said a court filing. “Borgata identified a bank in which Ivey maintained an account. A writ of execution was returned and the bank indicated there were ‘no funds.’”

A letter from Wells Fargo dated Oct. 2 informed the casino’s legal team that Ivey’s New Jersey bank account was empty. In 2014, Borgata claimed that Ivey and playing partner Cheung Yin “Kelly” Sun had transferred their winnings to a Mexican bank account.

Borgata said that it has located his assets in the Silver State, which include a condo in Clark County he has owned since 2005, as well as business ventures including P D Realty, Inc., Phil Ivey Enterprises, LLC, I.V. Ventures, LLC and Ivey Poker, LLC.

Additionally, the casino told the New Jersey court that Ivey has a home in Mexico.

“Although the extent of Defendant Ivey’s business holdings is unclear, it is believed that Ivey Poker, LLC is the entity behind Ivey League, Ivey’s poker oriented website,” Borgata’s legal team wrote. “Ivey’s holdings have been estimated at $100 million, and the above shows these holdings, at least those that are ascertainable, are based in Nevada. Ivey has also disclosed a luxury home in Cabo San Lucas, MX on his social media account. It is possible that one of Ivey’s Nevada entities is the ultimate owner of this home.”

Ivey’s legal team in late August appealed the $10.1 million judgement to the United States Court of Appeals for the Third Circuit, which is in Philadelphia. In late September, Borgata filed a cross-appeal against each and every ruling adverse to it at the hands of the New Jersey District Court in late 2016. Borgata’s lawsuit was for nearly $30 million, thanks to claims that Ivey and Sun defrauded it. The New Jersey court disagreed with Borgata there, finding that the gamblers breached their contract with Borgata. The federal judge ordered Ivey to return the $9.6 million he won while edge-sorting at baccarat, as well as additional winnings that came from the craps tables during the now contested 2012 marathon gambling sessions.

The New Jersey court decided that Borgata can try and collect on the judgement while the Third Circuit appeal is pending. Ivey and Sun did not post a bond to stay execution of the judgment.

Borgata requested a Nov. 5 court hearing with regards to registering the judgement in Nevada.

Ivey, winner of 10 World Series of Poker bracelets, is considered one of the most talented poker players in history. He has won more than $26 million lifetime in poker tournaments, in addition to his untold cash game success, online and in the brick-and-mortar setting.

Borgata is wholly owned by MGM Resorts’ real estate investment trust.

WSOP Europe Returns to King’s Casino with €5,000,000 GTD Main Event

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Poker events occurring  at King’s Casino have confirmed their generous payouts remain among one of the most eye-catching ones in Europe. This is particularly real now that the World Series of Poker has its Europe version in full swing, the temperature level is  increasing many thanks to the ten WSOP Gold Bracelets on offer.

No surprise this poker festival is among the extremely valued across the international poker scene, as it has the capability to attract a few of the most renown names on a global scale. This Tuesday saw the official end of WSOP Circuit poker festival, getting rid of the way for more action. Back-to-back celebrations are not a new occurrence at King’s Casino, Rozvadov, and this usual technique is used by the WSOP festivals organizers too.

Gold Bracelets Galore at King’s Casino

Since the WSOP Gold Bracelet is taken into consideration one of the most renowned piece of jewelry in the poker field, Rozvadov is one of the unique areas of Europe at the moment. There are 10 of those glossy first-place prizes which await their brand-new owners to claim them over the span of the following couple of weeks.

The initial occasion which would certainly give them this chance is the WSOPE Event #1 Colossus. This very first event includes an appealing guaranteed prize pool of €1,000,000, which can be gone beyond over the period of the several beginning trips giving enrollment home windows. Buy-in for those curious about signing up for the initial beginning trip of this occasion totals up to €505. There would certainly be 8 of those, covering right to Saturday and also giving sufficient chances for thousands of players to claim their seats.

Sunday is set to bring the second Bracelet event of this festival – WSOPE No-Limit Hold’em 6-Max Deepstack proceeding till Tuesday. This type of poker tournament is among the most beloved for players across the globe, but especially for local enthusiasts often preferring it over other events. Buy-in for it would amount to some €1,515, whereas the guaranteed prize pool reaches €200,000. Organizers and casino management prognoses interest levels toward this second Bracelet event would lead to an even larger overall prize pool.

Generous Cash Payouts Await Top Players

Monster Stack events are another all-time favorite, transforming next Thursday into a monstrous opportunity for a windfall. The fifth WSOP Bracelet would be given away at the end of the WSOPE Monster Stackfeaturing a €1,010 buy-in and a €500,000 guaranteed prize pool. Participants would have the chance to enter the event through a total of three flights, ultimately fighting for the top positions on Sunday Day 2.

There would be one very special event intertwining King’s very own poker tournaments with WSOP’s distinctive events – the WSOPE King’s Trophy Event which does not feature a Bracelet for the eventual champion, but remains a temptation nevertheless. Coming with a €1,000,000 GTD, as well as a mandatory buy-in of €2,250, this particular congregation has a lot on offer. Players would be able to utilize two flights in addition to Day 2 and Day 3 to make it to some of the largest cash payouts.

Furthermore, just like in every poker festival there would also be a Main Event which would have the 10th and last WSOPE Gold Bracelet on offer. A spectacular guaranteed prize pool estimating to €5,000,000 is prepared for this event. Upcoming weeks are set to bring gradually more exciting poker opportunities to Europe’s heart.

Winamax Facing Lawsuit from Players Over Investigation Into Poker Bots

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According to a report by Poker Industry Pro, a group of poker players who have accounts on French poker site Winamax are suing the online gambling operator, saying that the company “failed to protect the integrity and transparency of its gaming operations” following an investigation into the possible use of bots on the website.

Six players initiated the legal action, with 16 players in total joining the lawsuit before registration in the collective action was closed. The six players who initiated the lawsuit were suing for damages ranging from €10,000 ($11,500) to €50,000 ($57,500) each.

Suspicions First Raised Last Fall

Questions about the presence of bots on Winamax go back to at least November 2017. At that time, a poster by the name of Dontsaycat wrote about the issue on the TwoPlusTwo.com forums, complaining about a player with the screenname Twopandas who was competing at €100 ($115) Expresso tables – the Winamax equivalent of PokerStars’ Spin & Go games.

In their post, Dontsaycat said that he believed Twopandas was “clearly” a bot that was playing game theory optimal (GTO) strategies.

“He is playing 12 hours a day, every day, 8 tabling and chatting on tables like he is on pool drinking cocktails,” the post read. “Now seeing that Winamax was not punishing him, he added other players with the same bot, who are playing in different hours than him and together they are owning totally the rankings of promotions and the tables.”

Several other players chimed in on that post over the next few months, saying that they had also played against Twopandas and had the same suspicions. In June, Maxime Lemaitre – posting under the name “batmax” – went a step further, posting detailed analysis of play by Twopandas and another account, VictoriaMo, both of which he strongly believed were either using apps to assist their play or, more likely, were simply bots.

“I hope that the community will prove to you that we will not accept your umpteenth post claiming that ‘you have carried out tests,’ Lemaitre wrote, according to an English translation of his post by Google Translate. “I am asking you for an inquiry. The community demands an investigation.”

Winamax Investigation Finds One Account Guilty

In response, Winamax invited both players to play in front of their employees at the company’s offices in Paris. While Twopandas declined the offer, VictoriaMo did in fact play 400 sit-and-go tournaments at Winamax. VictoriaMo was ultimately exonerated by the poker room, while Twopandas was found guilty.

That meant that VictoriaMo was allowed to keep their winnings, while Twopandas was not. Both players had their accounts suspended, due to what Winamax called a “general climate of mistrust” surrounding them.

Winamax then said they would compensate players who felt they were cheated in the incident. However, the company never specified the exact formula they would be using to determine how much was owed to each individual player, and many users felt the response was inadequate.

That led six players, including Lemaitre, to initiate a lawsuit. It is unknown how much Winamax has paid to players so far, or how much more they could owe in damages if the lawsuit is successful.

Winamax.fr is one of the largest online poker rooms in the world. It sits in fifth place in PokerScout.com’s traffic rankings, averaging 1,300 cash game players at any given time.

Poker Hall Of Famer To Step Down From Executive Role With MGM Resorts

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Poker legend Bobby Baldwin will be leaving his positions with Las Vegas-based casino giant MGM Resorts International, the company said in a statement Thursday.

Baldwin, who has served as Chief Customer Development Officer of MGM Resorts and CEO and President of CityCenter, will be departing later this year. An official reason was not provided in the brief press release.

“Few have played a more central role in the growth and transformation of the gaming industry than Bobby, and his contributions over more than three decades are immeasurable,” MGM said of the four-time World Series of Poker bracelet winner.

“MGM Resorts thanks Bobby for all he has done for the company and all he has meant to this industry and wishes him the best for the future,” the casino developer added.

Baldwin, winner of the 1978 main event, was inducted into Caesars’ Poker Hall of Fame in 2003. He has played in some of the priciest poker games in history, including a $1 million buy-in tournament at the WSOP. The high-stakes cash game room at Bellagio bears his name.

Baldwin was the president of the Golden Nugget casino in the early 1980s, before moving over to The Mirage. He later became president of Bellagio in the late 1990s when it was then owned by Las Vegas casino mogul Steve Wynn.

Though Baldwin’s four bracelets came in the 1970s, prior to him focusing on his career behind the scenes in the casino industry, but he still maintained a love for poker across several decades.

Virginia Family Organization Condemns Bristol Casino Proposal

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Casino plan promises $1.5 billion in contributions for Southwest Virginia

A prominent Virginia family foundation formally opposed the proposed construction of a $150-million casino resort in the city of Bristol. Casino-style gambling is currently prohibited in the state, and the group has historically opposed any attempts for gambling expansion over the years.

In an emailed statement to local news outlet the Bristol Herald Courier, Victoria Cobb, President of The Family Foundation of Virginia, said that the organization is condemning the proposed project and all other efforts that involve expansion of gambling in the state.

Back in September, local businessmen Jim McGlothlin and Clyde Stacy announced plans to convert the vacant Bristol Mall into a resort that will feature a casino, hotel, and conference center, among other facilities.

In a letter to the Bristol Herald Courier from earlier this week, Ms. Cobb said a casino in Bristol will only bring “addiction, poverty, higher crime, prostitution, sex trafficking, drugs, diminished poverty values, etc.”

The letter went on to read that with a debt of $125 million and a declining population, the city has become “the perfect prey” for the two businessmen.

Last month, the Bristol City Council voted to give its support to the project, if the Virginia General Assembly amends the state’s current gambling laws to allow casino-style gambling.

Response from Developers

In a written statement, the team behind the Bristol Resort and Casino plan said that the property will create multiple jobs and much-needed revenue for the city and will annually bring millions of tourists.

Developers said that the resort will generate more than 5,200 “good jobs” within the first seven years of operation. In previous comments on the anticipated benefits from the construction of the property, it has been pointed out that it is expected to generate $26.8 million in annual tax revenue for the host community. The economic impact for the Southwest Virginia region is expected to reach $1.5 billion by year seven of the casino resort’s operation.

The team behind the scheme said earlier this week that they are well aware of the fact that the opening of casino may result in an increase in crime due to high volume of visitors the venue is expected to handle. However, it pointed out that the gaming facility will only represent a tiny portion of the whole resort and that it will be located in a separate building where it could not be accessed by children.

Casino promoters also said that they will police diligently issues involving drug use or prostitution and will provide people suffering from or at risk of developing gambling addiction with counseling services.

As mentioned earlier, it is now up to the Virginia Legislature to decide whether casino-style gambling should be authorized on the state’s territory. Lawmakers have struck down previous gambling expansion efforts, but the major economic impact the Bristol project promises could change their minds this time. Legislators are set to convene for their next session in January.

Casino Boss Sheldon Adelson Buys $40-Million Penthouse in Tel Aviv’s Akirov Towers

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US casino mogul Sheldon Adelson has increased his real estate portfolio with the recent purchase of a penthouse in one of the Akirov Towers in Tel Aviv, local financial news outlet the Globes reports. Mr. Adelson has reportedly paid $40 million for the luxury apartment.

Located on Pinkas Street in Old North Tel Aviv, the Akirov Towers were designed by Moore Yaski Sivan Architects and were built in the 2000s. The three residential towers each feature 34 stories and are nearly identical in height.

According to the Globes, Mr. Adelson bought the penthouse, which occupies the 33rd and 34th floors of the middle tower, in late July for an asking price of $40 million. The Las Vegas casino owner purchased the apartment from the sons of late Israeli business magnate and philanthropist Sammy Ofer. The businessman passed away in 2011.

The luxury penthouse occupies 900 square meters and has a 150-square-meter balcony with a panoramic view of Tel Aviv. The Akirov Towers are among the city’s most popular and coveted addresses. And the recently purchased apartment is not the only unit owned by the Adelson family in the towers. The Globes reports that a separate unit has previously been registered in the name of Mr. Adelson’s wife Miriam Adelson.

With estimated net worth of $35 billion (Forbes: October 5, 2018), Mr. Adelson is one of the world’s richest people. He is the founder, Chairman, and CEO of Las Vegas gaming and hospitality giant Las Vegas Sands. The businessman and his wife are major donors of different Jewish organizations. Most recently, they donated $70 million to Birthright, a program aiming to bring young Jewish adults to Israel on short educational trips.

Other Notables Owning Units in Akirov Towers

The Adelsons are not the only high-profile owners of apartments in the locally popular residential towers. Former Israeli Prime Minister Ehud Barak has, too, previously owned a unit in Akirov Towers, which he sold to another gambling boss several years ago.

As reported by local media, it was Playtech founder Teddy Sagi who bought the apartment on the 31sr floor in one of the three towers. The businessman reportedly paid the amount of NIS26.5 million for the unit previously owned by Mr. Barak.

Mr. Sagi actually has quite an impressive real estate portfolio across his homeland. Last spring, he bought two penthouse apartments in the Ritz-Carlton Hotel in Herzliya for NIS32 million. In 2010, he bought a house in the affluent Herliya Pituah beachfront neighborhood for NIS145 million. The businessman also owns a triplex on the 44-46th floors of Tel Aviv’s W Tower, which he has purchased from local real estate developer Moshe Peterburg for NIS19 million.

Rivers casino in Schenectady celebrates $50m in jackpot payouts

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Since opening its doors to the public for the first time on February 7, 2017, Rivers Casino & Resort Schenectady has paid out more than $50,000,000 in jackpots to visitors. 

According to the press release…

This week in eastern New York, the casino owned and operated by Rush Street Gaming passed a major milestone when a lucky 62-year-old Stamford, Vermont man hit a $1510 jackpot playing Wheel of Fortune slots.

Customer feedback:

Commenting on the milestone-making jackpot, Rivers Casino & Resort Schenectady General Manager, Robert Long, said, “It’s exciting when any jackpot is hit, but reaching a milestone this big is definitely a great celebration.”

He added, that they offer their players a wide variety of slot machines and based on their feedback are constantly adding new machines to the gaming floor.

Revenue high:

In August, the LEED-certified, full-service casino saw its best revenue month ever since its opening last year in February, having reported $14,412,387 million in gross gaming revenue on $132.7 million gambled, according to the New York State Gaming Commission.

New ventures:

In May this year, Rivers Casino & Resort Schenectady announced that visitors to the facility would be able to partake in live-on-site horse betting courtesy of its recently-formed partnership with Capital Off-Track Betting, making it New York’s first and only casino to do so. The move is expected to attract new guests to the casino and resort and also bring in added tax revenue to the city’s coffers and the surrounding area.

Boasting a 50,000-square-foot gaming floor, Rivers Casino & Resort Schenectady offers 1,150 slot, keno and video pokermachines including a High Limit slots area, 67 live table games, also with a High Limit option and a 16-table poker room. The property also features five restaurants, an entertainment lounge, a 165-room hotel, spa and thousands of square feet of meeting and event space.

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