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This weeks biggest online poker losers
Sunday May 11,2014 : BIG LOSERS ON THE NOSEBLEED POKER TABLES THIS WEEK
Phua and Ivey take a serious hammering on Full Tilt Poker high stakes tables.
The high stakes poker action last week was notable for some massive losses to two prominent online poker nosebleed stakes players, Phil “Polarizing” Ivey and Paul “MalACEsia” Phua, who were both down hundreds of thousands of dollars.
Phua took the biggest hit playing a range of aggressive and highly skilled opponents, and at the end of the week was down $603,392 in just over 1,300 hands; the Asian ace has not had a happy month on the tables, and his latest loss exacerbates the situation.
Ivey also felt the pain, losing $589,730 over 5,917 hands during a week that followed a previous loss of $113,000.
Both were in good company - you have to feel for Gus Hansen, who went down another $358,287 last week, along with Phil “OMGClayAiken” Galfond (down $275,918) and Patrik “FinddaGrind” Antonius (down $221,814).
On the brighter side, top winners last week were Alex “Alexonmoon” Luneau, who took home $390,067, and Dan "jungleman12" Cates, who recorded a $232,614 profit.
Over the year so far, the two biggest winners are Cates on $1.35 million and German ace Niki Jedlicka on $1.21 million.
At the other end of the scale, the two biggest losers thus far this year are Gus Hansen, who is down $2.9 million in 2014 alone, and Phil Ivey, who has recorded losses this year of $2.5 million.
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Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
"Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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