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26 Entries For $1 Million Big One For One Drop

And at a million dollar buy-in, there have already been two re-entries!
The salubrious surroundings of the Casino Monte Carlo resounded to the sounds of very expensive poker chips and a special Cirque du Soleil show Friday as the $1 million buy-in, invitation only (and no pro players) Big One for One Drop kicked off, attended by the local royalty, Prince Albert of Monaco.
The 26 well-heeled players who jetted in for the extravaganza were in many cases attended by some of the biggest names in poker, hired as coaches for the occasion and flown to Monte Carlo, among them Andrew Robl, Scott Seiver, Jean-Robert Bellande, Daniel Negreanu, Vanessa Selbst, Liv Boeree, ElkY, Daniel Cates and Tom Marchese.
Following a sumptuous lunch, the players took their seats, each with 5,000,000 in chips and blinds at 6,000/12,000.
High profile names around the tables included organiser Guy Laliberte, who busted and bought back into the game, doubling his personal million dollar investment. Matchbook betting platform CEO Andrew Pantling followed suit after being eliminated early on, laying down another million to continue.
Other well known "amateur" players included hedge fund manager David Einhorn, financier Bobby Baldwin, Dan Shak, Paul Newey, Talal Shakerchi, Haralabos Voulgaris, Rick Saloman, Paul Phua, Mark Teltscher, Anatoly Gurtovoy, Jason Strasser and Elton Tsang. 
When the chips were bagged Friday night there had been several eliminations, and US entrepreneur and investor Alfred Decarolis was in the lead with 13,825,000 in chips, chased by Dan Shak, with the lowest chip counts held by Tony Bloom and Zuo Wang.
Play resumes today (Saturday).

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Gambling News :

Phil Ivey Loses Borgata Casino - Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.

NYX Gaming in deal with Endemol - "Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”

NEW CAMBODIAN GAMBLING LAWS - After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.

Congress To Review US SportsBetting Restrictions - Did the American Gaming Association’s campaign influence the decision to take another look at the 1992 Professional and Amateur Sports Protection Act?

Playtech Acquires ECM Systems - Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.

Marks and Spencer store Manager steals to Gamblie Online - The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.

Chinese Gambling crackdown could damage high roller revenue - Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.

EvenBet Open Face Chinese Poker - Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.

PartyPoker Millions tournament guarantee Now GBP 6 million - Online poker operator PartyPoker announced Thursday that it is to boost its PartyPoker Millions tournament guarantee by a million sterling to GBP 6 million, claiming it is now the biggest prize pool guarantee in European poker history.

2016 EPT Malta - The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.

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