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Buy-ins down at new WPT Location
Sunday April 27 ,2014 : BUY-INS LOWER AT RELOCATED WORLD POKER TOUR CHAMPIONSHIP
But cashes will extend down to last 36 spots, and the winner will score $1,310,146.
The World Poker Tour decision to relocate this year's Championship to Atlantic City after years at the Bellagio in Las Vegas has had a sobering consequence; there have been fewer buy-ins at 328 entries vs. last year's 545.
Comparing the numbers, this year's event has generated a prize pool of $4,852,400 which will see the last 36 players standing cash and the winner take home a potential $1,310,146.
Comparative numbers from last year show that a prize pool of $13,216,250 was achieved, making it possible for 100 survivors to cash, with almost $3.4 million going to winner David Chiu.
The disparity has triggered speculation that the potential player field from New York City, Philadelphia and the Baltimore/Washington, DC areas has not materialised, or that travel access to Atlantic City is not as hassle-free as it is to Las Vegas.
Despite the disappointing entry field, the action has been frenetic and exciting at the Borgata as the entry field was whittled down to a final table, which was arrived at Friday.
Leading the final table with 5,650,000 chips is the formidable Keven Stammen, who faces Byron Kaverman (4,070,000); Abraham Korotki (2,560,000); Curt Kohlberg (1,580,000); Tony Dunst (1,330,000) and Ryan D'Angelo, the low stack on 1,220,000 chips.
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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.
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.
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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