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Poker: Cada Wins The 2009 WSOP

11/10/09 - After an 87 hand heads up starting late Monday night, 21-year-old Joe Cada, a poker pro originally from Michigan and a community college drop-out, is worth $8,547,042 today (Tuesday) after winning the World Series of Poker main event. The victory came when he went all in with pocket nines versus heads up opponent Darvin Moon’s queen and jack of diamonds.
 
For Cada it was an early birthday present - he turns 22 next week.
 
With a blend of audacity and skill honed in three years of mainly Internet poker action the young player started the heads up against Maryland logger Darvin Moon (46) with a significant chip lead which he managed to hold on to for much of the contest, although there were times when it switched to his opponent and some close calls before Moon was eliminated at hand #364.
 
Moon's second placing was worth $5 182 928, a remarkable achievement for an amateur who survived an entry field of almost 6 500 that included some of the world's best poker players.
 
Cada started the final table in the mid-field but after a few mishaps secured some spectacular double-ups to enter the heads up with a chip lead of 135 950 000 vs. Moon's 58 850 000.
 
Cada's victory was the realisation of a dream that started when he began playing the game at age 16 and left Macomb Community College in Michigan to become a professional gambler. His aim was to win the coveted World Series of Poker main event bracelet....an ambition he has accomplished in record time.

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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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