By Wendeen H. Eolis
In the days leading up to the opening of the 2014 World Series of Poker, Ty Stewart, the Grand Pooh Bah of the World Series of Poker, was beaming. A five day trip had taken the WSOP Executive Director from Las Vegas to Macau where he eyeballed poker action in the stratosphere. He then traveled onward to Atlantic City for the WSOP National Championship, and back to Las Vegas to open the 45th Annual World Series of Poker--with a bang.
WSOP—Checking Out the Action in Macau
While in Macau, Stewart drooled over the possibilities for a future WSOP Macau-based event. He more than hints at his plan to nail down a deal that moves the WSOP APAP from Australia to Macau, in 2016.
WSOP—Checking into Atlantic City: On Miss America’s Boardwalk
By the time Stewart arrived in Atlantic City, the WSOP Championship was underway. It was his concept to “reboot the Circuit competitions into a year-long platform, culminating in a nationally televised bracelet championship.” And, Stewart took delight in seeing his idea—a final table competition on the legendary Atlantic City boardwalk—come to fruition.
German hotshot poker pro, 23-year old Dominik Nitsche, nabbed the bracelet along with $218,000. He also brought the Championship to a finish, hours earlier than expected. So, Stewart toyed with the idea of ditching his scheduled reservation for the next afternoon and taking a red-eye flight home to Las Vegas that night instead—to gain one extra day of preparation for the opening of the 2014 WSOP.
by Joseph Smith Sr.
We are only days away from the opening of the 45th annual World Series of Poker at the Rio All Suite Hotel Casino in Las Vegas, Nevada. The pinnacle and origin of tournament poker, the WSOP will run from May 27, 2014 through July 14, 2014 and offers 65 events with buy-ins ranging from $500 to $1,000,000.
Todays WSOP article will focus on the $1,000,000 buy-in event that not only offers a possible $20 million payout to the winner, but will fund sustainable clean water for people around the world through projects of the One Drop Organization. Event #57, aptly labeled 'The Big One for One Drop', is a charitable tournament limited to 56 players with each having posted the one million dollar buy-in for a seat in the June 29th – July 1 three day event.
The house will collect no rake or fees from the one million dollars and $111,111 from each buy-in will go directly to the One Drop organization that provides water resources for people worldwide. The remaining $888,889 goes into the prize pool and providing the field is completed the winner will receive in excess of $20,000,000. Click here for a structure sheet (PDF).
The unique weirdness has already begun with poker players entering the event. Well known professional poker player Jean-Robert Bellande strolled up to the WSOP cashier cage with a gym bag stuffed with bricks of hundred dollar bills and stacked $1 million on the counter to pay his buy-in.
The Big One for One Drop holds the record for the highest buy-in and may set a record for the largest winner's prize in a poker tournament. The winner will also receive a special edition diamond encrusted platinum WSOP bracelet. These nose bleed money levels attract the elite, deep pocketed players and characters from around the globe and has proven to be a fan favorite. Click here for a list of confirmed players.
Last year's winner, Antonio Esfandiari, will be defending his title. In the 2013 event he received more than $18 million dollars.
Another story coming from this event has highly regarded professional poker player, Vanessa Selbst, entering for her first effort at beating the boys and taking home the cash. Having followed her career at the WSOP, I would definitely say she is in the top five to take it all.
ESPN cameras will be present throughout the course of the event and will offer 6 hours of prime time TV coverage scheduled for July 15, 22, 29 at 9 PM – 11 PM ET. The first 2 hour show will cover days 1 and 2, the second show will be day 2 through the final table bubble and the third show will cover the final table to the winner. This promises to be some of the year's most exciting poker.
Poker Player Takes a Step Forward by Wendeen H. Eolis
Mike Caro - Today's Word is BURDENS by Mike Caro
Bryan Campanello Wins $175K at Harrah’s New Orleans Main Event
Eric Blair wins Lodge Casino WSOP-C Main Event
Kyle Bowker wins Harrah’s Philadelphia Main Event
AND MUCH MORE, Download the new Issue PDF now!
by Wendeen H. Eolis
Last week, Stanley Sludikoff, publisher of Poker Player Newspaper, addressed card room personnel in an open letter saying, “For the past 30 years PPN has faithfully served card rooms across the country with a print edition available every two weeks." He continued, "Costs to provide this service have escalated past a point of feasibility in our current business model." He announced, "Accordingly, effective immediately, we will be publishing Poker Player Newspaper exclusively on the Internet at pokerplayernewspaper.com."
It was a painful step but also a potential winner for the MENSA man and member of the Seniors Poker Hall of Fame. Make no mistake, about it—at 78 Sludikoff is still going strong, fearlessly and immensely confident about Poker Player Newspaper’s future.
A businessman and one time blackjack enthusiast, Sludikoff published diverse gambling books for decades. Among them are a collection of stories by Doyle Brunson “According to Doyle,” the ultimate “Book of Tells” by Mike Caro, and the pre-eminent work of gaming law professor I. Nelson Rose, “Gambling and the Law.” Sludikoff also brought blackjack expert Ken Uston’s tale of "Million Dollar Blackjack" to the public. A library of sixty five books have been published as part of his Gambling Times business.
by Haley Hintze
American casino giant Caesars Entertainment Corp. is looking to expand into New York State, if it can secure one of four casino licenses approved by the state’s legislature in 2013. If approved, Caesars hopes to build a $750 million casino complex in Woodbury, NY, just 50 miles from central New York City. Caesars is expected to be one of at least four casinos vying to receive a coveted Hudson Valley / Catskills region license from the state, which would be the closest of the four potential New York casinos to the giant New York City market. A NY Times report on the vying for the new licenses also lists MGM, Boyd Gaming and Las Vegas Sands Corp. as being interested in building a casino in New York’s downstate region.
by Haley Hintze
More details in the $9.6 million lawsuit filed by New Jersey’s Borgata against noted poker pro Phil Ivey have emerged, including the claim that Ivey intentionally lost more than $2 million in baccarat winnings back to the Borgata as news of his own lawsuit against London’s Crockfords Casino became public in 2012. “Upon information and belief,” reads the complaint, “Ivey intentionally lost a portion of his winnings at the end of the October 7-8, 2012 Baccarat session.” The Borgata’s complaint also alleges that the casino only learned of the similar Crockfords matter as Ivey was leaving the casino after the fourth and last of his 2012 Borgata visits.
Article by Derrick Oliver-Dewan
Spend a few minutes with Joe Purvis and you’ll understand why they call him ‘Poker Joe’. He loves the game. A construction worker for 22 years, Purvis began playing in the mid-80’s in the tool sheds on construction sites, but it wasn’t until 2008 that he became fully immersed in this American pastime.
“They started calling me ‘Poker Joe’ after I launched a few online forums for friends,” he says, thinking back to the days when he was an affiliate for a number of poker sites.
Purvis, a guy who’s played in more than 40 casinos all over the USA, is always working; he’s organized online and live tournaments for charities like LUPUS and disabled veterans, everything from events in hotel banquet rooms with local card sharks to nationally advertised contests featuring the likes of Jerry Yang, the 2007 World Series of Poker main event champion.
Now, he’s devoting his time and energy to an exciting new project, what he hopes will become a ‘new wave’ of poker entertainment - Your Poker Radio. In the wake of 'Black Friday', Purvis believes there is a definite need for this type of service.
by Haley Hintze
An informational hearing held before the California Assembly Committee on Governmental Organization (the “GO” Committee) drew 33 experts and interested parties to share their insights and opinions on the possible future of regulated iPoker in California, where two bills are currently under consideration. The wave of testifying witnesses included industry experts, casino and tribal representatives, technology and security specialists, plus a handful of public-opinion lobbyists – both for and against online poker’s possible legalization. The hearing lasted over five and a half hours and included a number of surprises, including the surprise announcement of the Morongo / PokerStars infrastructure deal (above) just minutes before Morongo rep Robert Martin began his testimony, likely designed to attack “bad actor” language indirectly targeting PokerStars inserted into one of the pending bills.
by Haley Hintze
PokerStars parent The Rational Group announced on April 23rd the reaching of a formal agreement with four potential providers of online poker in California, should that state approve pending or future legislation approving intrastate online offerings. Rational announced a deal to provide platform infrastructure for the Morongo Band of Mission Indians and three large Los Angeles card rooms – Commerce, Hawaiian Gardens and the Bike. The deal would go into effect only upon online poker’s formal California legalization, and would also require Rational Group to receive approval from state gaming regulators. Use of the actual “PokerStars” brand name was not mentioned as part of the deal.
by Haley Hintze
The WSOP’s career wins leader, Phil Hellmuth, has resumed his practice of giving his victor’s bracelets to family and friends. Hellmuth recently gave the jewelry honoring his record 13th win to wealthy Silicon Valley venture capitalist Chamath Palihapitiya. Palihapitiya is also a part owner of the NBA’s Golden State Warriors, whose games Hellmuth frequently attends. Most of Hellmuth’s other bracelets have gone to family members, except for his very first and his 12th, which was once publicly promised to UltimateBet co-founder Greg Pierson but went undelivered in the wake of revelations connected to the cheating on that now-defunct online site.