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Rui Chen Wins Pokerstars Macau Poker Cup Championship 2012

Wednesday September 19,2012 : LOCAL BUSINESSMAN WINS MACAU POKER CUP
 
Winner entered through a Pokerstars satellite
 
The Pokerstars Macau Poker Cup Championship 2012 was concluded this week with a resounding main event win for local businessman Rui Chen (37), who entered the HKD 20,000 buy-in competition through a HKD 1,100 Pokerstars satellite, boosting his bank balance by HKD $1,108,500 (around US$ 143,000) after a tense 12 hour final table.
 
“The past few years have seen a huge development for poker in China,” said Chen. "Poker is suited for the Chinese because we are particularly good at mind games.”
 
The 37-year-old businessman faced a final table that comprised Yosuke Sekiya, Wenlong Jin, Sunny Jung, Kevin Kung, Jessica Ngu, Lisi Wei, Ryan Hong and Robert Streatfield.
 
This culminated in a heads up between Chen and Japanese player Yosuke Sekiya, with Chen holding a 3 to 2 chip advantage. Despite a plucky showing, the cards were not with the Japanese ace, and he was sent to the cashier and a second placing reward of HKD 759,000.

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Gambling News :

Interwetten 2016 Earnings Results - Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform

EU Online Gambling Tax Harmoney Dead - Tax expert says European Court of Justice Attorney General's opinion on UK-Gibraltar litigation signals that EU courts are happy for individual member states to impose their own laws on online gambling.

Jack Lam Facing Big Fines in the Philippines - It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him.

Walter Merricks Term As Gambing Commissioner Extended - The UK Government has extended Walter Merricks’ term as Commissioner of the Gambling Commission for a further year, ending December 31, 2017.

Loot’enKhamun Pays $3.8 Million Jackpot - A London-based construction worker’s year got off to a great start when he hit the Loot’enKhamun jackpot at bwin casino.

PlaySugarHouse To Carry Konami Content - Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.

ITF TERMINATES BETWAY SPONSORSHIP DEAL - The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.

GSA To Launch European division - The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.

Paddy Power Trading Update - Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.

Tabcorp SunBets project - The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.

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