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Dwan makes Another Million at Online Poker

12/6/09 - Online poker pro Tom Dwan will be hoping that his change of fortune for the better hangs around after coming through the losing doldrums and making almost $980 000 Friday. Pokerstars
 
Recent weeks have seen this multi-million dollar pro become - in monetary terms - one of the biggest losers in online poker, but the tenacious Dwan appeared to come largely right on the Full Tilt high stakes tables this time. And to celebrate, he even managed to complete another chunk of his long-running 50 000 hand Challenge with Patrik Antonius.
 
Dwan started the night with successful $200/$400 Pot-Limit Omaha hits on Ilari Sahamies and Cole South, taking Ilari and Cole respectively for $144 000 and $304 000.
 
Switching to $300/$600 NLHE against the apparently and surprisingly still solvent Isildur1, Dwan continued his winning roll over 250 hands, taking the mystery Swede for another $340 000. The two then went at it for another 70 hands of $500/$1 000 that saw Dwan go down almost $100 000, but he had the good sense to call it quits at that point, moving over to take on Sahamies in a short $500/$1 000 PLO heads up that cost him $27 000.
 
Apparently determined to profit, Dwan challenged Sahamies to another 50 hands down at the $300/$600 level on PLO, a move that paid off handsomely when he won $228 000 from the Finnish pro.
 
Patrik Antonius and Dwan then sat down to another 2 hour round of action in the long-running million dollar, 50 000 hand Dwan Challenge. This lasted for 588 hands, bringing the players up to 27 773 hands played or 56 percent of the 50 000 hands required to complete the Challenge, according to MarketPulse.
 
Dwan lost just under $68 000 in the session, eroding his lead in the challenge to $711 556, but was still not done for the night, going on to play the 7-Game tables, where he won another $150 000 for an overall profit on the night of almost $980 000. The books now show that Dwan is down around the $4.7 million mark over the year to date.
 
MarketPulse statistics on the Dwan Challenge show:
 
* Total amount wagered so far: $223 611 528
* Amount Dwan is ahead: $711 556
* Biggest pot of the current session: $155 200
* Hands played overall so far: 27 773
* Percentage of challenge completed so far: 56 percent
* Hours played in the challenge to date: 88 hours

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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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