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Day 2 : World Poker Tour Legends of Poker

Lower buy-in has boosted entries but reduced the prize levels
The ninth edition of Party Gaming's World Poker Tour Legends of Poker kicked off at the Bicycle in Los Angeles this week, attracting a 66 percent bigger entry field, thanks to a 50 percent reduction in the buy-in (from $10 000 to $5 000). However, whilst the number of players entering surged from 279 last year to 462 this, the prize pool shrank 18 percent to $2.15 million from $2.63 million.
Nevertheless, with a winner's prize of $750 000 and a chance for the top 45 finishers to cash, the Day 1 a and b flights were intensely competitive, with a good turnout of respected players from both the live and internet poker sectors that included no fewer than 16 former WPT champions.
One of the highpoints of the WPT Legends of Poker this time was the recognition and respect afforded veteran pro player Kathy Liebert, who was registered for her 100th WPT championship.
Paying tribute to Leibert, Mike Sexton said that she has set impressive benchmarks for women players with six final WPT tables, 15 cashes and over $1.75 million in winnings, although she has yet to secure a WPT main prize.
The ninth Legends did not improve Leibert's fortunes - she was eliminated late on Day 1a.
Day 2 kicked off with 241 survivors from the two Day 1 flights, including Phil Hellmuth, Joe Sebock, Allen Cunningham, Jeff Madsen, Jonathan Little, Shane Schleger and Adam Levy. Most of them were sent to the exit as play stretched into Sunday night, with Frank Kasella, Phil Hellmuth, Jason Mercier, Shane Schleger, Jared Hamby, Jeff Madsen, Allen Cunningham and a host of others all suffering the disappointment of not even making the money.
The flip side was the great performances from players like Vinny Vinh and Tom Braband, who generated plenty of excitement as they made their way into the top five by late night Sunday when InfoPowa went to press.  At that stage level 12 had been reached and there were 115 players left by 10.45 pm LA time. The top five looked like this:
Vinny Vinh - 530,000
Adam Schiffer - 460,000
Tom Braband - 305,000
Phil Collins - 300,000
Tim Phan - 300,000

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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.

Congress To Review US SportsBetting Restrictions - Did the American Gaming Association’s campaign influence the decision to take another look at the 1992 Professional and Amateur Sports Protection Act?

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.

PartyPoker Millions tournament guarantee Now GBP 6 million - Online poker operator PartyPoker announced Thursday that it is to boost its PartyPoker Millions tournament guarantee by a million sterling to GBP 6 million, claiming it is now the biggest prize pool guarantee in European poker history.

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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