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Dwan Loses a Million Online

10/31/09 - Phil Ivey's bad week at the Full Tilt high stakes cash game online tables perked up as the week closed with a profit on Pot Limit Omaha of over a million - mainly at the expense of Tom Dwan, who haemorrhaged over a million through the night.

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Ivey's cards and talent enabled him to hammer his $500/$1,000 PLO opponents into submission over 627 hands of serious action, earning him some $800 000 in the process.
 
Ivey's good fortune did not extend to the NLHE and 7-Game tables, though. On 515 hands of NLHE the ice-cool American pro dropped $377 000, leaving him with a profit for the night of around $420 000 despite his earlier windfall courtesy of Dwan.
 
Dwan battled all night on the NLHE tables to recover some of his losses, but was only able to claw back around $100 000. 
 
Sympathetic online railbirds will be pleased to hear that French pro David Benyamine at last managed to end his disastrous losses this week, finishing the night up over $407 000 after playing almost 3 600 hands on the 7-Game tables. Patrik Antonius also enjoyed a profitable night, leaving with $700 000 from PLO and 7-Game to add to his already substantial 2009 bank balance.

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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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