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Poker: Wsop Event 40

Event 40 - the $10 000 buy-in Pot-Limit Omaha World Championship at the World Series of Poker saw an American and a Russian across the table from each other in a thriller of a heads up atter they had survived an entry field of 295 players and a final table with plenty of talented pros looking for the biggest share of the $2 773 000 prize pool.
 
By day 3 the field was down to 25, many of them acknowledged to be among the finest PLO players in the game today, but only nine could make the final table.
 
Final tablers were New Orleans Internet and live tourney pro Matt Graham in the chip lead on 1.4 million, followed by Ferit Gabriellson (1.2 million), Josh Arieh (1.050 million), Richard Austin (1.030 million), Robin Keston (1 million), Stefan Mattsson and Vitaly Lunkin on 850 000 apiece, Van Marcus (500 000) and Barry Greenstein (780 000).

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By 2.30am the heads up stage had been reached, pitting Matt Graham (25), a New Orleans native now resident in Houston, Texas against the respected Moscow pro Vitaly Lunkin (37). The duo were almost evenly matched in chip stacks, but Graham ran into trouble ninety minutes in and was almost crippled, executing a remarkable comeback through a series of double-ups that eroded Lunkin's at one point massive 13 to 1 chip lead.
 
By 4.30am it was all over - two hours of exciting heads up action had culminated in Graham prevailing to take home the $679 379 main prize and the bracelet - his second from WSOP and his biggest prize in 16 career cashes to date.  The win brings Graham's career earnings since he started playing poker online three years ago to $1 183 775.
 
Lunkin's runner-up prize was $419 832 - his second big-prize win this year after earlier taking down Event 2 - the 40th Anniversary $40 000 buy-in No-Limit Holdem contest, where he picked up $1 891 012 and his second WSOP bracelet.

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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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