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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 :

South Africa Going After Illegal Gambling - In South Africa a combined national police and federal enforcement initiative has shuttered 19 illegal gambling venues across the provinces of Northern Cape and North West.

The Winning Express arbitrage sports betting scheme - A UK-based GBP 27 million arbitrage sports betting scheme, The Winning Express, has collapsed, leaving a thousand investors with concerns that their money is lost, according to a BBC report over the weekend.

Global Poker League Championship Results - #gpl The inaugural season of the Global Poker League Championship played out this week with the Montreal Nationals besting the Berlin Bears across 11 games to claim the $100,000 main prize.

Yahoo DFS Gets Uk License - #yahoo Industry observers point out that Yahoo has thus far carried out little in the way of major marketing on DFS in its US endeavors, unlike rivals DraftKings and FanDuel, and they expect it to follow a similar path in the Britain.

SPANISH GAMBLING MARKET CONTINUES TO GROW - Spain's gambling industry continued to advance in 2015 with growth in most sectors, according to the latest research report from the Codere - University of Madrid Institute for Policy and Governance collaboration released this week.

Novomatic Acquires Albanian National Lottery - #Novomatic The Austrian gaming technology group Novomatic has issued a statement confirming that it has completed the final required steps for the successful acquisition of the Albanian National Lottery.

2016 Massachusetts Gaming Commission Report - Industry journalist Steve Ruddock picked up on some interesting statistics from the latest annual report of the Massachusetts Gaming Commission released this week, flagging the current results from its on-going monitoring research of the state gambling market.

Jack Lam denies bribe allegations - Allegations by Philippines Justice Secretary Vitaliano Aguirre that casino tycoon Jack Lam used 'facilitator' Wally Sombero in an attempt to bribe him into protecting Lam interests have been hotly denied by Lam.

Fonbet Gets Russian Betting License - #Fonbet Russian-licensed operators are required to use officially sanctioned payment hubs called TSUPIS to facilitate government oversight, and this may be a concern for Fonbet at present.

New Attempts to Restore the Wire act - In the first of these initiatives, which Online Poker Report notes is supported by only eight state AGs (half those who signed a similar letter last year), the signatories seek support for RAWA at a Congressional hearing scheduled for December 9.

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