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2014 WSOP Event 58

Jared Jaffee scores the biggest win of a successful professional career.
Event 58 at the World Series of Poker in Las Vegas has been won by veteran poker pro Jared Jaffee (33), a long-time professional grinder from Brooklyn in New York.
In the biggest win of his career (his previous best included several $250,000+ wins at major tourneys) Jaffee claimed his first WSOP bracelet and $405,428 in the $1,500 buy-in NLHE Mixed Max competition, which attracted a field of 1,475 and delivered a prize pool of $1,991,250.
The first day of the mixed max format is played in a full ring setting, with the second day played as a No Limit Hold’em Six Max tournament. The third day is played as a Four Max until the final four players are decided, when they are seeded based on chip count and two separate heads-up matches are played to see who will advance to the final heads up.
To get to the final heads up Jaffee and Mike Watson had to beat quality live and online pros Joseph Alban and Mark Herm respectively, with Jaffee emerging from the semi-finals with a 2 to 1 chip lead over Watson for the final heads up.
Jaffee exploited his lead to the full, quickly building it to a 5 to 1 advantage, but Watson, a Canadian pro, continued to play calmly and was rewarded with a double up that whittled away Jaffee's lead.  He followed this a few hands later with another double up and at one point the chip stacks favoured Watson.
However, after a short rest break Jaffee came back with all guns blazing and took a series of pots that positioned him back in charge with a 2 to 1 lead in just five hands. After a little more skirmishing Jaffee closed the door on his feisty opponent, sending him home with the runner up prize of $246,068.

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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.

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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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