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2014 WSOP Event 56

Wednesday July 2,2014 : GOLD FOR MINNESOTA ONLINE POKER ACE
 
Mike Kachan proves that he's just as at home on the live tables.
 
Minnesota online poker grinder Mike Kachan put his experience in long hours of internet poker action to good use in event 56 of the World Series of Poker, playing into the early hours of Wednesday morning to capture his first gold WSOP bracelet and $403,483 in the $1,000 buy-in NLHE event.
 
The event's relatively low buy-in attracted a large field of 2,525 players, creating a prize pool of $2,272,500 and lasting the full three days as scheduled.
 
It culminated early Wednesday morning in a heads-up between Kachan and runner-up Jeff Blenkarn after an endurance test of a final table that went on for almost 190 hands.
 
Kachan, who plays under the handles thebattler33, thakameleon and babyshark33 online, said he was used to long hours at the virtual tables, but admitted the event had been tough and taxing.
 
Kachan, Blenkarn and Eric Shanks reached the three-handed stage of the game, which unlike preceding eliminations took just 30 minutes to reach heads up when Shanks was busted out by Blenkarn in third for $177,527.
 
With almost 4 million chips against Blenkarn's 3.6 million it looked as if the heads up was going to be a long drawn out affair, but it took just 45 minutes for Kachan to send Blencarn home on hand 187 with the runner up  prize of $250,815.
 
The rest of the final table received pay-outs as indicated:
 
4.Andrew Egan $128,032
5.Viktor Skoldstedt $93,490
6.Neo Hoang $69,084
7.Steve Gross $51,676
8.Richard Milne $39,109
9.Ray Henson $29,951

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Gambling News :

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES - Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.

New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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