Posts Tagged ‘Continues’

2017 PokerStars Championship Panama Main Event: Igor Yaroshevskyy Continues Domination in Leading Day 2

 2017 PokerStars Championship Panama Main Event: Igor Yaroshevskyy Continues Domination in Leading Day 2

After crushing what was the smaller of the Day One fields, Ukrainian poker professional Igor Yaroshevskyy has continued his domination as he holds the Day 2 lead at the PokerStars Championship Panama’s Main Event.

Yaroshevskyy, sitting on top of 219,600 in chips, came into Day 2 with a monstrous lead over the remaining 171 players that remained after 366 players started the event. Second place was a bit of a surprise for many in the form of MMA champion Tito Ortiz, but those who underestimated him on Day 1A fell to his wrath as he amassed 182,000 chips. The Day 1B chip leader, Jiachen Gong, was in fourth place with 154,300 in chips, but he was looking way up at Yaroshevskyy as he strove to catch him.

One of the bits of business that had to be completed at the start of Day 2 in the Solis Hotel, Spa & Casino was setting the official prize pool and payouts for the cast gathered in Panama City. Once late registration closed on the tournament, 366 players had officially come to the party putting up $ 5,000 each to build a $ 1,775,100 prize pool. Officials with the Solis and the PokerStars Championship put their heads together and determined that 71 players would get at least a minimum payday of $ 7720, nearly 20% of the field earning a cash. The big prize for the eventual champion was set at $ 293,860, a nice chunk of change for traipsing to Central America for a poker tournament.

Yaroshevskyy came out of the gates firing on Day 2, knocking off Vicente Delgado on one of the first hands of the day. After Delgado opened the betting, Yaroshevskyy wasted little time in putting out a three bet. Undaunted, Delgado stepped up and made it four bets (21.2K) to go, at which time Yaroshevskyy seemed to have had enough. He asked how much Delgado had behind him, then five bet the action up to 47.5K. Delgado seemed ready for the fight, moving all in at this point, and Yaroshevskyy immediately made the call.

When the cards came face up, at least one of the hands was legitimate. Yaroshevskyy staked his chip lead on pocket Kings (entirely expected), but the table was simply stunned to see Delgado unveiled his A 2 to fight for his tournament life. A Jack high board rolled out (J-5-10-9-8, for the record) to send Delgado, who had been among the bigger stacks in the room, out of the event and Yaroshevskyy’s chip stack up to a dominating 355,000.

That wasn’t even the biggest knockout for Yaroshevskyy on the day. After a raise from Thomas Altamirano and a call from Rafael Moraes, Yaroshevskyy followed suit. With all those chips in the center, a short-stacked Ambrose Ng in the big blind decided to see who was serious by moving all in (16K). Altamirano, it turned out, wasn’t, but Moraes called the bet. This now sparked Yaroshevskyy’s interest as, after a quick peek at Moraes chip stack, he moved enough chips to put Moraes at risk. Moraes made the call to set up a three-way situation (in order of strength):

Yaroshevskyy – pocket tens
Ng – pocket fours
Moraes – A Q

It was all over but the crying when the flop came 8-10-7 to give Yaroshevskyy a crushing set. An Ace on the turn ended it for both Moraes and Ng and, to make it worse for Moraes, a Queen would come on the river for Queens up. That wasn’t good enough against Yaroshevskyy’s set, however, as both Moraes and Ng walked away while Yaroshevskyy’s stack soared to 450,000.

Lather, rinse, repeat…this is the way the day went for the Ukrainian wrecking ball. Late in the afternoon as the number of survivors slipped under 100, Yaroshevskyy was sitting atop a 710,000-chip stack, vastly outpacing his closest competitors. The final level of the day (play stops early in Panama!) played out with a bit of drama as the field tried to reach the money. That didn’t happen, meaning the remaining 78 players will come back on Friday with the first order of business to pop the money bubble.

1. Igor Yaroshevskyy, 745,500
2. Denis Timofeev, 569,000
3. Caufman Talley, 546,000
4. Tito Ortiz, 270,500
5. Vincent Allevato, 256,500
6. Pablo Gordillo, 254,500
7. Pedro Romanzo Pollino, 244,000
8. Eduards Kudrjavcevs, 237,000
9. Jessica Perez Borrego, 235,500
10. Kenneth Smaron, 234,500

Play will resume at noon on Friday in the Solis, with seven very unhappy people being sent out of the tournament arena with nothing to show for their efforts. PokerStars Live! will have all the action as the next champion is determined for the PokerStars Championships.

Poker News Daily

Canada Telecom Regulator Continues to Say ISP Online Gambling Ban Won’t Fly

 Canada Telecom Regulator Continues to Say ISP Online Gambling Ban Won’t Fly

Canada’s telecommunications regulator continued to stand firm against the possibility of an internet service provider-directed ban on online gambling sites Friday, reiterating that it has the final say on what websites – if any – can be blocked.

In May, the Québec legislature passed Bill 74, the budget bill. Among everything else that would be of little interest to us was one law that would require ISP’s to block all unlicensed internet gambling sites. As we wrote previously, this goes beyond just declaring online gambling illegal; it is actually internet censorship, as the provincial government is straight-up saying what sites Québec residents are even allowed to see. On top of that, it is requiring the ISPs to be the internet police.

Québec Finance Minister Carlos Leitao claimed that the reason for the law was to protect the “health and safety” of Québec residents – you know, the usual claptrap – but it seems to most anyone who isn’t anti-gambling that it is really just a way to protect the government-run internet gaming monopoly. The Québec lottery commission, Loto-Québec, operates the lone licensed gaming site in the province, Espacejeux.

If one thinks gambling proponents are just reading too much into things, note that Bill 74 actually says that an ISP ban on internet gambling sites would actually benefit the provincial government to the tune of $ 13.5 million for the 2016-2017 fiscal year and $ 27 million per year after that.

In September, the aforementioned federal telecom regulator, the Canadian Radio-Television and Telecommunications Commission (CRTC), said that the ban violates the federal Telecommunications Act, which reads, in part, “Except where the Commission approves otherwise, a Canadian carrier shall not control the content or influence the meaning or purpose of telecommunications carried by it for the public.”

The CRTC even said it won’t even be particularly moved if the law in Bill 74 is deemed constitutional, saying, “The Commission is exclusively responsible for the administration of this provision and will remain so, regardless of any finding with respect to the constitutionality of section 12 of Bill 74.”

Further:

Consistent with the above, the Commission is of the preliminary view that the Act prohibits the blocking by Canadian carriers of access by end-users to specific websites on the Internet, whether or not this blocking is the result of an ITMP (Internet Traffic Management Practices). Consequently, any such blocking is unlawful without prior Commission approval, which would only be given where it would further the telecommunications policy objectives. Accordingly, compliance with other legal or juridical requirements—whether municipal, provincial, or foreign—does not in and of itself justify the blocking of specific websites by Canadian carriers, in the absence of Commission approval under the Act.

In July, a charity called the Public Interest Advocacy Centre (PIAC) filed an application with the CRTC, objecting to Bill 74 and asking the Commission to declare the law unconstitutional. PIAC also feared that an ISP-forced ban would result in all sorts of new expenses for the ISPs, saying, “All expense, all testing, all staff that may be unnecessary should this law be declared unconstitutional or be repealed will inevitably be paid for by customer rate increases and possibly in reduction in other services or reduction in network performance.”

The CRTC’s reiteration of its stance on Bill 74 came in conjunction with an announcement that it will pause any action on PIAC’s filing until a lawsuit in opposition to the legislation by the Canadian Wireless Telecommunications Association comes to a conclusion in Québec Superior Court.

Poker News Daily

2016 WPT Five Diamond World Poker Classic Day 3: Money Bubble Not Popped, Ryan Hughes Continues to Lead

 2016 WPT Five Diamond World Poker Classic Day 3: Money Bubble Not Popped, Ryan Hughes Continues to Lead

Day 3 and its seven levels are in the books for the 2016 World Poker Tour Five Diamond World Poker Classic at the Bellagio in Las Vegas and, although they didn’t pop the money bubble on Wednesday, Ryan Hughes was able to lead the tournament for the second consecutive day.

277 players came back to chairs with chips in front of them on Wednesday with the goal of popping that said money bubble and starting to hand out some of the $ 7 million-plus prize pool to players. Not only was Hughes in good shape to start the day, World Series of Poker bracelet winner Jennifer Tilly was right on his heels in second. Toss in such names as Anthony Spinella, David ‘The Dragon’ Pham and Justin Bonomo lurking down in the Top Ten and the day was set for some frenetic poker action.

Of interest to the railbirds in attendance (and a subject that comes up on occasion) is just how A) difficult the field is, and B) whether the tournament is geared towards the pros at the expense of the “amateur” players. The $ 10,000 buy in tournament was unlimited entries until the beginning of Level 9 on Tuesday and 791 entries were received, tying a WPT record. In an intriguing breakdown, 205 players individually counted for multiple “re-entry” into the Five Diamond. 152 of those players bought in twice, 43 players bought in three times and 10 players bought in four times OR MORE to reach the 791 entries. Hence, the 205 multi-buyers (accounting for at least 473 entries) along with the minimum 318 players who took one shot give the poker community evidence to debate the issue.

For some, it didn’t matter. Coming back to short stacks meant that they were either coming back to make their rush at the WPT Five Diamond title or they were heading back out the same doors they had just entered. Lily Kiletto was one of these unfortunate individuals as, with only about 9K from her original starting stack of 30K, she took a suited Ace against Barry Hutter’s pocket Jacks. Although she would flop her kicker, Kiletto couldn’t find trips or the flush and was out of the tournament early.

One of the people who benefitted from the multiple reentry process was former NFL defensive lineman Richard Seymour. In for at least three buy ins because he ran pocket Kings into pocket Aces twice over the first two days, Seymour saw his fortunes brighten a bit on Day 3. He doubled up through Daryll Fish and slowly chipped up throughout the day. Although he’ll at least have to finish in 42nd place or higher to get his buy ins back (that position pays $ 32,225), Seymour is in position to cash with his 230,000-chip stack to start Thursday.

The news wasn’t as good for a couple of ladies in the event. Cate Hall, who took the WPT by storm during Season XIV in making a couple of televised final tables (including this one), was ambling along nicely before getting involved in a three-way hand with Gerald Karlic and Hutter. After three betting Hutter’s raise, Hall watched him push all in for his stack and Karlic get out of the way. Hall, barely covering Hutter’s stack, took a lengthy tank of about 10 minutes (and involved a TD countdown after the clock was called) before calling. When the cards came up, everyone at the table was stunned.

While Hutter had a pocket pair, it was of Jacks, not Kings or Aces as had been expected. Hall’s holdings were suspect to begin with, an off suit A-10 that was alive against Hutter but with only one over card (and not an expected big pair). When the board ran out seven high, Hutter scored a huge double to over 313K in chips and Hall was left with scraps; soon after this clash, Hutter put Hall out of her misery in eliminating her from the tournament.

The other lady who had difficulties was Tilly. Starting the day with a plentiful 279,100 in chips, Tilly would go on a rollercoaster ride through the day that had her commenting on Twitter, “How quickly can you go from ‘I’m going to win $ 1.9 million!’ to ‘Oooh, I hope I can min-cash?’” The answer to the question? How about not even the min-cash?

Tilly was the victim of a massive cooler that had more drama than most films she reads the scripts for. After a flurry of betting against Jesse Sylvia, Tilly was all in pre-flop with pocket Kings against Sylvia’s pocket Aces. A King in the window of a K-10-9 flop pushed Tilly into the lead and had Sylvia lamenting that unfortunate card. A trey kept Tilly in the lead but an Ace on the river changed everything. In one card, Tilly went from a double to keep her dream of a cash alive to out of the tournament short of the dinner break.

The constant throughout the day was Hughes, who never was seriously challenged. He’ll enter the Fontana Lounge at the Bellagio on Thursday as the chip leader (and the only player over a million chips) for the second day in a row:

Ryan Hughes, 1,212,500
Christian Harder, 829,500
James Romero, 771,000
Justin Bonomo, 767,500
Yan Lavrovsky, 720,500
Tony Utnage, 678,000
Chris Klodnicki, 586,500
Christian Christner, 565,000
Ron Paolucci, 529,000
Sergi Reixach, 528,000

Thursday’s Day 4 will feature another seven levels of play, with the first order of business getting to the money bubble. With only 75 players left (72 get paid), that should be done in rather quick order. It’s then on to determining the final three tables for Friday’s play ahead of Championship Saturday for the WPT Five Diamond.

Poker News Daily

Alex Dreyfus Continues to Have Issues, Borrows Money from Players

 Alex Dreyfus Continues to Have Issues, Borrows Money from Players

In what has seemingly become a normal occurrence for him and the organization he represents, the Global Poker League’s top honcho, Alexandre Dreyfus, continues to have financial issues surrounding the league. The latest issues involve a player that is playing with one of the GPL franchises and money that was supposed to have been an exchange but turned into a short term loan.

According to a thread on Two Plus Two, German poker superstar Fedor Holz was approached by Dreyfus during this year’s World Series of Poker regarding an undesignated financial situation he was facing. “He (had) spend (sic) $ 50,000 in the last few days for the studio (where “The Cube” was broadcasting the GPL Summer Series),” Holz wrote in his post, and had no other liquid funds available. Allegedly Dreyfus asked Holz for $ 10,000 and asked for Holz’s bank information so as to put through a wire transfer the following week.

Holz admits that, due to the whirlwind of activity he was facing in Las Vegas, he didn’t get around to balancing his accounts until early August and found that Dreyfus had not paid back the money as the deal had been set. Holz allegedly stated an e-mail from Dreyfus explained the delay and said that it would be late August or early September before he would be able to repay “with interest.” “I am in the middle of a strategic/financing deal which – if you allow me – to have a few weeks more…would be highly appreciated.” Dreyfus writes the situation off as “just Entrepreneur (sic) life.”

By this time, however, Holz had found out that Dreyfus also had an outstanding loan with another high stakes poker player. Hendrik Latz, who plays under the name ‘ValueH,’ recounted his own tale of how Dreyfus and he had organized a money swap which turned into a three-month loan for the head of the GPL. In Latz’s case, $ 20,000 changed hands and, instead of getting the Euros promised that same day, had to wait until August 31 (as Holz did) to receive the money (plus a little interest payment).

Dreyfus would remove the previous “allegedly” statements by commenting on the thread himself. “I’ve apologized to (both of them) for having failed in respecting the original repayment deadline as it was intended,” Dreyfus begins. “I’ve also apologized to them both for the lack of communication and the non-professionalism that was inherent in this on my part.”

Dreyfus explains that the summer for the GPL was “tough” and “a lot of things didn’t work out as planned.” Regarding the situation with the players, Dreyfus holds to a statement that “there was never any malicious intent” and that “I’m not immune from making errors like this.” He also states that “this matter is settled and I’m not intending to add any comment publicly on this as I believe it to be a private matter.”

That statement seems to be what is bothering a large segment of the poker populace. Many poker news sites (including this one) would like to ask Dreyfus about the impropriety of borrowing money from a player in your own league, not to mention how the GPL has reached such a point that it doesn’t have operating capital of its own. Upswing Poker’s David Huber notes that plenty of players, including Doug Polk, Ryan Fee and Jason Mo, are all asking questions of Dreyfus in the Two Plus Two thread, but Dreyfus isn’t talking.

This is just the latest dirty marks on the inaugural season of the GPL. The second half of the season was supposed to have begun back in August, but it will not resume play until September 20 with online matches. The GPL Playoffs and the GPL World Championship were supposed to have been played at high profile locations – TwitchCon 2016 in San Diego, CA, for the playoffs at the end of September, SSE Arena at Wembley Stadium in London, the United Kingdom, for the GPL World Championship in November – but those dates were unceremoniously canceled and the entirety of the playoffs and the World Championship will take place at “GPL Arena” and “The Cube” in Las Vegas.

Holz perhaps said it best when he commented on why he came forward with telling the story of his interaction with Dreyfus. “He represents poker to the outside (world), so he represents us as a community to the outside,” Holz stated in his Two Plus Two post. “I think the story above is very questionable as a serious entrepreneur and a showing of missing integrity. I really do hope that this was a single misstep.”

Poker News Daily

2016 WPT Rolling Thunder Main Event Day 2: Ankush Mandavia Continues to Lead

 2016 WPT Rolling Thunder Main Event Day 2: Ankush Mandavia Continues to Lead

The World Poker Tour (WPT) Rolling Thunder Main Event is moving right along – Day 2 of the tournament was completed Monday night and there are just two days left to go. Once again, Ankush Mandavia has the chip lead and is set up to threaten the final table once again, just days after finishing 23rd at the WPT Bay 101 Shooting Star.

As we have mentioned previously, the WPT Rolling Thunder Main Event had a unique structure for the opening rounds, as players were allowed one entry and one re-entry per starting flight, plus another re-entry during the first level of Day 2. More than 30 players made the late entry on Monday, increasing the total field to 409 runners. That has made the official prize pool $ 1,323,800 with a first prize just shy of $ 300,000. The tournament will pay to 45th place with a min-cash of $ 7,329.

Ankush Mandavia has seen some significant success in the past year. He cashed five times at the 2015 World Series of Poker, though none of them particularly large as poker prizes go. In August, he made the final table of the $ 25,000 High Roller Event at the Seminole Hard Rock Poker Open, good for $ 186,200. After a few more cashes, he finished third in the Aria High Roller XIX $ 25,000 event this past December for $ 141,000. Straddling the new year, he earned almost half of his lifetime live tournament earnings. In late December, Mandavia finished fifth in the WPT Alpha8 $ 100,000 High Roller, a score of more than $ 300,000. Then, to kick off 2016, he placed third in the $ 100,000 event at the PokerStars Caribbean Adventure, a cash worth nearly $ 800,000. All told, he has won $ 2.35 million and ranks 39th in the Global Poker Index.

The top of the leader board going into Day 3 is very strong. After Mandavia, Mohsin Charania sits in third place, seeking his third World Poker Tour trophy. Immediately after him are Danny Fuhs, Taylor Paur, and Daniel Strelitz. In eighth place is JC Tran, who is also looking for his third WPT title.

Mandavia’s chip lead is not insignificant, but much can change in a day. He has 140,000 more chips than Imaze Hasnain, who himself has 106,000 more than Charania. There is a 140,000 chip game from Charania to Fuhs and then almost 90,000 more down to Paur. After Paur, things level out.

The tournament has just gotten underway out in California. There are 52 players remaining, so the money bubble should burst soon. The plan today is to play down to the six-handed final table.

2016 World Poker Tour Rolling Thunder Main Event – Day 2 Chip Leaders

1.    Ankush Mandavia – 937,500
2.    Imaze Hasnain – 797,500
3.    Mohsin Charania – 691,500
4.    Danny Fuhs – 552,000
5.    Taylor Paur – 465,000
6.    Daniel Strelitz – 461,500
7.    JC Tran – 448,500
8.    Vien Chau – 428,500
9.    Matthew McEwan – 406,000
10.    Russell Garrett – 385,000

Poker News Daily



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