Posts Tagged ‘Comes’

2017 World Series of Poker: Artan Dedusha Leads as Field Comes Together for Day 3

 2017 World Series of Poker: Artan Dedusha Leads as Field Comes Together for Day 3

The 2017 World Series of Poker Championship Event is in full swing as, after the completion of Day 2C early this morning, Artan Dedusha will take the survivors towards the first day of action when all the competitors will be battling it out at the same time.

Dedusha started the day’s action with a decent 109,700 in chips, but it was going to be an arduous task to work through the 3300 players who came from Day 1C. Dedusha appeared to be up for the task, albeit with the assistance of some good fortune. The Brit saw some good fortune when his pocket fives flopped a set and busted an opponent’s pocket Kings, then rubbed the rabbit’s foot again when he flopped two pair against an opponent holding pocket Aces. These hands allowed Dedusha to rack up a 680,000-chip stack that not only led the Day 2C competitors but put him in the overall lead.

Dedusha’s work wasn’t the only surprise of the Day 2C action. The newlywed Merciers – Jason and Natasha – both came through the day’s carnage with a bit of a surprise. The six-months pregnant Natasha will hold bragging rights so far in the Mercier clan as she finished off Day 2C with 470,000 chips. As she was bagging those up, Jason was doing the same with his 101K in chips, an impressive feat considering he started Day 2C with just slightly more than half his tournament starting stack (28K).

Of course, with the good also comes the ugly – in poker terms, that means people being eliminated. Daniel Negreanu was one of those who had to make the long walk from the Rio tournament arenas after being eliminated on Day 2C. On what would be the hand that led to his demise, Negreanu showed an Ace after an A 3 5 flop, only to have his opponent show him merely a 6 3 for a wealth of draws but air for actuality.

Perhaps a bit steamed by that, Negreanu moved all in from early position with pocket sevens and found a dance partner in John Allan Hinds. Hinds’ pocket sixes were behind pre-flop, but four spades on the board along with Hinds’ 6♠ gave him a flush and defeated Negreanu, sending him to the rail in disappointment after an outstanding WSOP run.

Negreanu wasn’t the only one who had something to be disappointed about. Former World Champions Ryan Riess, Joe McKeehen and Phil Hellmuth hit the rail, alongside other pros such as Maria Ho, Men ‘The Master’ Nguyen, Paul Volpe, Antonio Esfandiari and Gus Hansen. And there won’t be a rematch of the “Clash of 2016,” as both William Kassouf and Griffin Benger both were eliminated and won’t be around for Day 3.

Dedusha will be the overall leader with his stack on Day 3, but here’s how he came out against his other Day 2C combatants:

1. Artan Dedusha, 680,000
2. Marcin Chmielewski, 564,000
3. Michael Krasienko, 561,300
4. Sonny Franco, 546,700
5. Ryan Hughes, 510,100
6. Tyson Mao, 506,500
7. Denis Timofeev, 498,000
8. Alexander Yen, 490,000
9. Nick Petrangelo, 480,300
10. Natasha Mercier, 476,800

This was the Top Ten from the Day 2A/B battlefield:

1. Lawrence Bayley, 618,000
2. Mickey Craft, 608,100
3. Richard Gryko, 564,800
4. Scott Anderson, 560,000
5. Sergio Castelluccio, 548,500
6. Michael Sklenicka, 540,600
7. Joseph Conor, 511,100
8. Koen Breed, 480,800
9. Grayson Ramage, 471,000
10. Larry Smalley, 469,000

And this (according to WSOP reports) would be the overall leaderboard for the tournament after the completion of Day 2 action:

1. Artan Dedusha, 680,000
2. Lawrence Bayley, 618,000
3. Mickey Craft, 608,100
4. Richard Gryko, 564,800
5. Marcin Chmielewski, 564,000
6. Michael Krasienko, 561,300
7. Scott Anderson, 560,000
8. Sergio Castelluccio, 548,500
9. Sonny Franco, 546,700
10. Michael Sklenicka, 540,600

As stated previously, the field will come together for the first time today on the Rio tournament battlefields. There are 2600 players remaining from the original 7221 runners, but it still may be a bit difficult getting to the 1084 players who will make the minimum $ 15,000 cash and earn a flag on the Hendon Mob board late Thursday night/early Friday morning. There’s still quite a bit of work to be done before we begin speaking about the true contenders for the 2017 World Series of Poker Championship Event bracelet and the crown of World Champion, but that time is coming closer.

Poker News Daily

Boston Globe Editorial Comes Out with Anti-Online Gaming Opinion

 Boston Globe Editorial Comes Out with Anti Online Gaming Opinion

Although there hasn’t been a state pass online gaming regulations since 2013, there have been several that have come up with legislation on the subject (that have failed to garner support) or have created committees to further study the situation. One of those states is Massachusetts, which has been active in building their gaming offerings with three new casinos being built around the state to counteract those in neighboring Connecticut. They have also been studying an expansion into online gaming, but one of the state’s top newspapers has come out with a definitively anti-online gaming stance.

On Sunday, the Boston Globe editorial staff penned an op-ed that looked to persuade state legislators from further pursuit of online gaming. Entitled “Don’t Gamble Massachusetts’ Future Online,” the op-ed starts out by mentioning the legislative study that is considering full online casino regulation – slots, poker, “table” games, the entire operation. They also mention that, in previous op-eds, they have supported the expansion of online lottery sales. When it comes to online gaming and poker, however, the Globe staff believes that goes too far.

One point that the Globe editorial staff brings up is that there isn’t any “ancillary benefits” to online gaming and poker. With the live casinos, the Globe writers point out that there are other areas that money is spent other than gambling – hotel rooms, dining, shopping, concerts, shows, and other non-gaming outlets which garner the state revenue. Another point brought up is that, five years after legalizing casino gaming in the state, there still isn’t a full-fledged casino open and one “slot” outlet in Plainridge hasn’t exactly drawn in the revenues that were predicted. The Globe also states that the live casinos and lottery operations can be controlled by the state, while the online offerings would have private companies in control.

The final point that the Globe makes is that online gaming and poker are “predatory.” The editors quote Les Bernal, the national director of Stop Predatory Gambling, as saying, “Young people aren’t going to brick-and-mortar casinos, which should be a good thing. This whole effort is about getting an entire new generation of youngsters hooked on gambling.”

The problem with Bernal and the organization speaking out on the subject is that the Globe fails to offer any counter-argument to the statement. It is an op-ed, granted, but some actual information from a pro-online gaming organization – the Poker Players Alliance is unfortunately the ONLY one that has any prominence in the States of America – could have at least been presented to offer some balance to the piece. It doesn’t appear, however, that the Globe staff was interested in a balanced report.

Opinions from readers are mixed on the subject, with some taking the Globe to task for not presenting a more researched opinion. “There is a good reason this article is in the opinion section,” one reader writes. “Very little evidence is show and the is an amalgam of the authors’ feelings about morality and ethics.” “Why not try a trial, a year?” another writer states. “Then (we can) evaluate…with facts.”

Others, however, applaud the stance taken by the Globe. “Bravo for taking a stand on this, though I expect our legislature will soon cave to the allure of tax revenue,” one writer says. Another takes a rather extreme stance in writing, “Gambling is a tax on stupidity. We shouldn’t be taxing it, we should be trying to mitigate it.”

Massachusetts is examining the potential of online gaming, as are several other states in the Northeast. Pennsylvania has passed the revenues from online gaming into their current budget, but they have been unable to reach an agreement on regulating the industry. New York currently has legislation in its General Assembly, but that has been the case for the last three years. Being first into the action would be of great advantage to the Bay State, but the Globe doesn’t believe that it is worth the risk for the state or its citizens to open online casino gaming and poker.

Poker News Daily

Information Regarding Baazov Insider Trading Trial Comes to Light

 Information Regarding Baazov Insider Trading Trial Comes to Light

Former Amaya Gaming Chief Executive Officer David Baazov has been aggressively fighting the charges of insider trading brought against him by the Canadian government earlier this year. In details released by the Toronto Globe and Mail earlier this month, further information regarding that case is coming to light.

Per Globe and Mail reporter Nicolas Van Praet, the attorneys for Baazov are accusing Canadian prosecutors of several missteps. First, Baazov attorney Sophie Melchers has stated that there have been massive dumps of information which are requiring extensive research by her staff. In addition to this, Melchers says the information being provided is insufficient to provide an adequate defense. Melchers points out an accusation from the prosecution that she is looking to have adjudicated for further clarity.

In their briefs, the Autorite des Marches Financiers (AMF), the government oversight agency from the Canadian government, alleges that Baazov used “fronts” to disguise trades that he made (more on this in a bit). Melchers counters that, since the AMF and government prosecutors don’t name these “fronts,” that she cannot properly prepare to defend them. “He’s being accused of trading via a front that’s not identified, with sums owned by an entity that’s not identified, on dates that are not identified,” Ms. Melchers is reported to have said of Mr. Baazov by Van Praet. “All those ingredients, we don’t know them.”

In attempting to clarify the information at hand, Melchers is requesting that the judge in the case direct the prosecution to disclose this mysterious information. In the courts of Canada, it is known as a “prete-nom,” or an actual naming of the situations where Baazov used some sort of alias to shield his identity from knowledge. It would also force the prosecution to not only clarify the names but also the time periods and other deeper details in the case.

Without this information, Melchers says it is impossible to be able to defend Baazov. “Today, nine months after charges were laid, it’s clear that the AMF’s evidence is incomplete,” Van Praet quotes Melchers as informing the court. “We don’t know the scope of what we should still expect.”

Baazov rocked the online poker world when he was able to negotiate the sale of PokerStars, then a privately-owned equity by the Scheinberg Family, to the publicly traded Amaya Gaming. The $ 4.9 billion deal by far was the largest in online gaming history and created one of the largest online gaming corporations in the industry when it took place in 2014. After some investigation, however, Canadian authorities weren’t sure of the legitimacy of some of the other actions surrounding the deal.

As usual after such a massive deal, the AMF began an investigation in 2014 and, in March of this year, decided they had enough evidence to proceed. Baazov and two associates, Benjamin Ahdoot and Yoel Altman, were all charged with different violations of insider trading laws. Baazov was charged with aiding in trades while in possession of privileged information, influencing or attempting to influence the market price of a stock (in this case, Amaya Gaming) and communicating privileged information. Ahdoot, Altman and three other companies – Dioclese Capital Inc., Sababa Consulting Inc. and 2374879 Ontario Inc. – are charged with aiding in trades while in possession of privileged information and influencing or attempting to influence the market price of a stock.

There is base evidence through the rocketing stock price that occurred around the sale point of PokerStars to Amaya Gaming. Prior to the sale, Amaya Gaming stock was trading around $ 7.50 per share on the NASDAQ boards but, as the information emerged that the deal was imminent, the share price soared over $ 35, nearly a five-time increase (currently Amaya Gaming stock is trading at $ 14.15 per share, still an 88% increase over its 2014 price). The AMF is alleging that Baazov and his cohorts, through their knowledge of the sale, bought Amaya stock at the low point and were the beneficiaries when the price hit its peak, the clearest definition of insider trading if there is one.

The trial in penal court in Toronto is continuing now, but it appears there is still quite a bit of posturing that the attorneys are taking. Poker News Daily will continue to monitor the situation.

Poker News Daily

2016 EPT Grand Final Main Event: Largest Field in Grand Final History Comes Out for Two Day Ones, Albert Daher Leads

 2016 EPT Grand Final Main Event: Largest Field in Grand Final History Comes Out for Two Day Ones, Albert Daher Leads

The finale for its Season 12 schedule, the European Poker Tour’s Grand Final has exceeded expectations on the coast of the Mediterranean. After two Day Ones, the largest EPT Grand Final field of 1068 players had come to the tables in the Monte Carlo Casino in Monaco (potentially with more to come), making the EPT bosses look brilliant in lowering the buy in for the tournament from its former traditional €10,000 to its price in 2016 of €5000.

Day 1A arose bright and sunny on Saturday with 286 players coming to the tables to stake their claim European poker’s biggest prize. The mixture of satellite winners was punctuated with the appearance of a significant tournament professional, but it was the showing of one of football’s best players that seemed to excite many in the tournament arena. Team PokerStars SportsStar Cristiano Ronaldo was on hand to take his shot at poker superstardom, which was a bit odd because his Real Madrid team will be hosting Manchester City on Wednesday in a Champions League match – what would he do if he were to make a deep run in the Grand Final? That question won’t have to be answered, unfortunately; Ronaldo would lose a big hand off the bat and never get back over his starting stack, falling before the close of Level 1.

Ronaldo wasn’t the only big name among the crowd on Saturday. “Gentleman” John Gale, Fabian Quoss, Antoine Saout, Isaac Haxton, Sergey Lebedev, Justin Bonomo and former Grand Final champion Mohsin Charania were all on hand in the midst of Level 1, but former Grand Final victor Ivan Freitez, Huy Pham and Aleh Yurkin would join Ronaldo on the rail. By the end of the night, Roman Verenko had stacked up 198,000 in chips to assume the Day 1A chip lead, but such players as Jake Cody, Faraz Jaka, Mike Watson, a Patrik Antonius sighting and Gale all were among those to move on to Day 2 on Monday.

With such a large field for the Day 1A action, it was expected that Day 1B would be massive and the players didn’t disappoint. 487 players were on the counter for the call of “shuffle up and deal,” offering the potential for the 2016 EPT Grand Final to the biggest in the EPT’s history (Season 5’s 935 runners in the Grand Final was the previous record, although it has to be noted that the buy in then was €10,000). By the time dinner arrived, a total of 779 players had been added to the player roster and, at the end of the night, three more entries brought the overall total to 782 runners for Day 1B. There is a possibility that more players may still enter into the tournament – late registration is open until the start of action on Day 2 Monday – but the 1068 total players for the 2016 EPT Grand Final is the biggest turnout in history.

As the adage states, you can’t win a poker tournament on the first day, but you can certainly lose one. There were several players who demonstrated the truthfulness of that adage as they will not be returning on Monday for any more play in the Grand Final. Guillaume Darcourt, Lee Markholt, Andrey Zaichenko, Bruno Fitoussi, Luca Pagano, Yury Gulyy and James Akenhead won’t be back, but one elimination in particular caught the eye of many in the room.

Entering after the dinner break, Team PokerStars Pro Daniel Negreanu played the very first hand he was dealt and picked up some chips from opponent Markku Koplimaa. On the very next hand, the duo would clash again on a K-5-9-7-J board and Negreanu called off his final chips after Koplimaa bet out Negreanu’s exact stack. ‘Kid Poker’s’ A-K looked nice, but it fell to Koplimaa’s 8-6 for the turned straight. In the span of two hands, the all-time winningest player in poker history was gone from the EPT Grand Final.

The room was abuzz with the man who marched to the top of the chip standings by the end of the night. Seemingly making no mistakes as he stormed through the day, Albert Daher was able to amass a 266,600 chip stack to take the overall chip lead. Complete stats for Day 1B aren’t available as of yet so a formal chip count isn’t available either, but it is thought that Daher, Sebastien Lebaron and Kulli Sidhu are the top three players at this point.

Day 2 will kick off on Monday afternoon with around 585 players still remaining in the tournament. The reduced buy-in will probably keep the first place prize down a bit, but the prestige of taking the EPT Grand Final will still be cherished by the player who achieves that goal. The champion will be crowned on Friday, concluding the Season 12 schedule for the EPT.

Poker News Daily

Chance Kornuth Comes from Middle of Pack to Take $25,000 Challenge as Aussie Millions Main Event Prepares to Take Center Stage

 Chance Kornuth Comes from Middle of Pack to Take $25,000 Challenge as Aussie Millions Main Event Prepares to Take Center Stage

In what was a frantic Day Two, Chance Kornuth came from the middle of the pack to take down the championship of the $ 25,000 Challenge at the Aussie Millions as the Main Event prepares to take center stage at the Crown Casino in Melbourne, Australia.

Kornuth was smack in the middle of the 26 players who returned on Saturday to contend for the title. Of the 100 unique players who started the event (and generated 122 entries), 2016 PokerStars Caribbean Adventure $ 50,000 High Roller Champion Steve O’Dwyer was looking for his second big score of 2016 as he sat on a 519,000 chip stack. There were plenty of challenges looming down the board, however, including Jason Les (406K), Eugene Katchalov (399K), Michael Egan (326K) and Oliver Price (318K).

Things didn’t start out so well for Kornuth. After starting the day with a respectable 204,000 in chips, Kornuth’s stack plummeted to 97,000 by the end of the first level of play for the day. He would let it get as low as 67K before he showed any signs of life, doubling up through Katchalov when his K-Q flopped well against Katchalov’s pocket sevens on a Q-Q-2 flop. A couple of hands later, Kornuth would pull another “rabbit out of the hat” when his A 5 miraculously hit a runner-runner flush on the river against Igor Kurganov’s turned Queen high straight. By the time Kornuth eliminated Sam Greenwood from the tournament in 13th place, Kornuth had put himself in contention for the title with 655,000 in chips.

Following the redraw with 12 players remaining, it was still O’Dwyer atop the leaderboard, however. His stack had grown to 800,000 and a new challenger, Ben Tollerene, had emerged alongside Kornuth. Price, Egan and Kurganov were also still viable on the closely packed leaderboard.

Kurganov got a measure of revenge on Kornuth, turning a flush against a bluffing Kornuth to take down a fairly large pot to once again send Kornuth in the wrong direction on the elevator. Egan, however, assumed the lead when he was able to force O’Dwyer to fold on a four-heart board after making a massive river bet. Egan also became the first man to crack the million chip mark when he bested Benny Spindler in a pot to push his count to 1.26 million. That lead would be short-lived, however, in a clash between two power players.

Katchalov was on the button when he opened the betting and Kurganov, in the small blind, three bet the action with some trepidation. Dominik Nitsche got out of the way in the big blind almost as soon as Kurganov placed his bet, sensing something was brewing, and it indeed was; Katchalov moved all in, bringing an immediate call out of Kurganov. Whatever it was Kurganov thought it was he saw, he was on the right track. Katchalov’s pocket sevens were dominated by Kurganov’s pocket Jacks and, once the flop brought a Jack, Katchalov was virtually eliminated. When then turn came with the 4♠, Katchalov’s elimination in 10th place was complete and Kurganov took over the lead with 1.33 million chips.

Kornuth would actually be the man who brought the players to the final table. After Spindler lost a big hand in a bad beat, Kornuth pushed his approximately 200K into the center from under the gun and nobody looked him up save for Spindler in the big blind and with less chips. Spindler had a hand again, pocket Jacks, and Kornuth’s A♠ 10 looked very slim against the pair, but the 10♠ Q♠ 5♠ 6 9♠ board had other ideas, giving Kornuth the hand and sending him to the final table as the short stack but with a seat.

After a break for dinner, the final seven men reconvened to decide the champion. Kornuth would more than double his stack to over a million chips to get into contention over the next level, but it was Kurganov who would make the biggest leap. Battling against Egan, the Russian and the Aussie flipped chips through the air to the point that Kurganov was all in after the board finished off Q-9-Q-2-4. Even though he had called Egan, an unusually excited Kurganov quickly showed his Q-9 for the flopped full house that had led the entire way; a reluctant Egan wanted to muck, but the dealer displayed that he had played a 9-4 that left him with only 450K in chips. Egan would depart the tournament soon afterwards in seventh place.

Kurganov, now sitting on 2.36 million in chips, ruled over the field at this point. Kornuth had surprisingly moved into second with 990K in chips while Les and O’Dwyer joined him over the 900K mark. Price and Phanlert Sukonthachartnant rounded out the table after Egan’s elimination and seemed to be looking for a moment to make their move. Instead, they would make their way to the exit of the Crown Casino.

First was Sukonthachartnant, who fell to O’Dwyer when his 10-9 failed to connect against O’Dwyer’s A-J on a J-K-5-10-K board to finish in sixth place. On the next hand, Price rammed his Q-7 into Kornuth’s pocket Aces after an 8-4-Q-6 flop and turn when Price called a Kornuth all in to finish his stay in fourth place. Kornuth and O’Dwyer, both now with healthier stacks, would soon put it on the line for a shot at the Challenge title.

After an O’Dwyer bet, Kornuth and Les made the call to see a 10-K-10 flop. Kornuth led out and, after Les laid his hand down, O’Dwyer called to take in a five on the turn. Kornuth issued a second bullet, this time for 225K, and O’Dwyer once again made the call. When a Jack came on the river, a perplexed Kornuth checked his option and O’Dwyer came to life with a bet of 430K. After some deliberation, Kornuth made the call and it was the right one; O’Dwyer had been bluffing with his A-6, while Kornuth’s A-10 was the winner all along.

This put Kornuth up to 2.813 million and, after Kurganov took care of O’Dwyer in fourth place and Kornuth eliminated Les in third, the duo went to heads up play virtually even in chips. Kurganov had a slight edge, his 3.197 million over Kornuth’s 2.903 million, but that edge disappeared on the first hand that Kornuth won. Kurganov would take it back on the next hand, but the fight was on.

On the final hand of the level, Kurganov would pull out to a huge lead when he was able to force Kornuth to fold to his all-in bet on a K-J-6-3-9 board, racking up a 5 million to 1.1 million lead. Over the next hour, however, Kornuth fought back to the point that he was the one with the dominant lead, 5.18 million to Kurganov’s 920K, when the final hand came down. After raising to 100K, Kurganov saw Kornuth make the call to see a 6-5-7 flop. Kornuth would check raise all in Kurganov’s 170K bet and Kurganov made the call, showing his A-6 for a pair of sixes. Kornuth had a 7-3 for a better pair of sevens and an inside straight draw, which didn’t come with the nine on the turn but did hit with the four on the river.

1. Chance Kornuth, $ 790,560
2. Igor Kurganov, $ 541,680
3. Jason Les, $ 351,360
4. Steve O’Dwyer, $ 263,520
5. Oliver Price, $ 190,320
6. Phanlert Sukonthachartnant, $ 131,760
7. Michael Egan, $ 109,800

Sunday in Australia marks the start of the $ 10,000 Main Event for the Aussie Millions as well as the $ 100,000 Challenge event. Both of these tournaments will last throughout the week, bringing a great deal of action to poker fans not only in Australia but also around the world as the Aussie Millions rolls along.

Poker News Daily

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