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Phil Hellmuth the runner up in Poker Player's Championship

Sunday July 10,2011 : In his third runner-up finish in this year's World Series of Poker, Phil Hellmuth just failed to achieve a record twelfth WSOP bracelet in the early hours of Thursday morning, falling to the superior skill and cards of Brian Rast to finish second in the 2011 $50,000 buy-in Poker Player's Championship.
 
Rast's first prize was a second bracelet to add to his growing collection, the prestigious Chip Reese trophy and $1,720,328, whilst Hellmuth collected yet another disappointing if lucrative runner-up check for $1,063,034 at the end of the fiercely contested event 55 that started with 128 of the best players on the planet and ended in a gruelling, almost 12 hour final table in 5 days of play.
 
Rast's performance was outstanding, starting the final day second to Minh Ly in chip counts, and besting redoubtable exponents of the game like Hellmuth, Ben Lamb, Scott Seiver, Matt Glantz, George Lind and Owais Ahmed.
 
At one point it looked as if Hellmuth had it in the bag and was about to claim his first seven-figure payday as he first took and then built up the chip lead, but after the dinner break and with the table down to four-handed play, he seemed to resort to a looser style of play that ultimately cost him dearly.
 
When Minh Ly fell in third place Hellmuth still held a slight lead going into the heads up with Rast, and his aggressive style seemed to be paying dividends as he repeatedly crushed Rast and extended his lead, at one point to 13 million or more.
 
Then Rast showed his mettle in a disciplined come-back from a chip stack that at one point was down to 2.9 million. Playing like the absolute professional he is, Rast staged a remarkable recovery with several double ups that evened the scores.
 
He then drew ahead steadily until he had Hellmuth beat, jumping up from the table to celebrate his second bracelet of this tournament with fans and his parents before thanking Hellmuth for a well fought competition.

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Gambling News :

Malta Gaming Authority's half-year 2016 report - There are 490 gaming license in issue and 257 gaming companies in operation....in the first six months of 2014, those figures were 414 and 271 respectively;

Macau ATM Transaction Limit Lowered - The Monetary Authority of Macau moved quickly Friday to quell market concern caused by a newspaper report late Thursday that it was about to slash ATM limits in half .

Vegas Mobile Casino Gets Live Dealer Games - Vegas Mobile Casino has partnered with Swedish online gambling game developer NetEnt, which has supplied a new live dealer offering that includes desktop Blackjack and desktop and mobile Roulette.

Cosmic Crystals SLot Launches - 1X2 Gaming's latest online slot titled Cosmic Crystals is a 5 reel, 50 pay-line game with a futuristic outer space feel, gems galore, and features that include a sticky Wild reel, re-triggering Free Spins, Scatters and a claimed 95 percent RTP.

Playtech Live launches dedicated live roulette room - Playtech's live dealer arm, Playtech Live has launched a dedicated live roulette room operating from a fully custom-built studio bursting with colorful Christmas decorations.

Australian Open To Dunp Gambling Ads - Court-side advertisements, which have been criticized as promoting gambling and thereby contributing indirectly to the specter of match-fixing, are to be discontinued in 2017 from the Australian Open tennis championships, Tennis Australia has confirmed.

Olympique Lyonnais In Sponsorship Deal With FDJ - The agreement allows FDJ to introduce its ParionsSport betting terminals in the Parc OL stadium, and the promotion by the club of its website of the same name

BaFin CrackDown on Spread Betting - The UK Financial Conduct Authority's crackdown on financial and stocks spread betting via contracts for difference has been followed by similar moves in Germany, where the financial regulator BaFin announced similar new restrictions Thursday.

How is the CDC Group Spending its Money - Questions are being asked about how the UK government's private equity arm, the CDC Group plc (formerly the Commonwealth Development Corporation) spends the billions it is allocated to alleviate international poverty, The Guardian newspaper reported Friday.

Voodoo Slot Released - The Prague-based online gambling games developer Endorphina is going against the trend of Christmassy-themed offerings at this time of the year, instead going for the popular horror genre in its new slot Voodoo, released to operators today (Friday).

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