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Ftops XI

The eleventh outing for the Full Tilt Online Poker Series ended on a high note this week with the conclusion of two big money events that generated high entries and big prize money, and a new record for tourney entries.
 
The $500+$35 NL Hold'em Main Event presented players with a $2.5 million guaranteed prize pool and the players responded with a 5 287 entry turnout, boosting the pool toa remarkable $2 643 500 and the first prize to a bank account boosting $456 056 and change. 
 
The competition was tough, with names such as Steve Billirakis, James "Mig_com" Mackey and Chris "Genius28" Lee in the field, setting a punishing pace for the 13 hours of play which finally produced a final table.
 
The eventual winner, Adam "csimmsux" Geyer, began the final table second in chips and managed to deploy skill, talent and good cards to maintain and strengthen his position to the end. He was faced in the heads up by KA1SERfknSOZE, who's second placing earned a useful $276 245.
 
Besides his first place take home cash of $456 056, Geyer added another significant line to his c.v., which includes wins in the FTOPS VII Two-Day Event in February 2008, where he picked up $488 175; a win in Event 13 of the FTOPS V in 2007 and a 14th-place finish in the FTOPS V main event.
 
Entry records fell in Event 24 of the tournament, too. This $750 000 guaranteed No-Limit Hold'em Knockout event hosted by Andy Black attracted a record 9 061 entries, taking the prize pool to $906 100, which gave winner girlyhurly a first place payday of $144 885.39.
 
The biggest winner's purse in FTOPS XI went to player fyrtuk who earned $625 000 as winner of Event #22, a $5 000+200 NL Hold'em 6-max contest over two days hosted by Allen Cunningham. This "high roller" event carried a guaranteed prize pool of $2 million and attracted 500 players, many of them top personalities in online poker.
 
The heads up was between fyrtuk and Adam "Roothlus" Levy, who gave a great and talented performance but was not able to overcome an almost 5 to 1 chip count deficiency going into the heads up and had to be content with a second place check for $387 500.

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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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