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UltimateBet Online Championship Winner
The main event in the $1 million guaranteed prize pool UltimateBet Online Championship tournament ended this week in victory for player YungMoney209, who survived an entry field of 1 100 hopefuls to triumph after 15 hours of tough online poker.
YungMoney's reward for his talent and time was a check for $245 188 and change, and the respect due for winning the biggest tourney UltimateBet has run in its decade of operations.
YungMoney and TheBubble1 faced off in the heads up, with Yung emerging victorious after turning a pair of fours into a winning hand against TheBubble1's king-high. His opponent took home a second place pay check worth $144 615.
The pool was sufficient to generate cashes for the last 108 players left standing in the popular event, with one player picking up an extra $1 050 bounty payment for taking out the game's host, international poker ace Phil Hellmuth.
Speaking on behalf of UltimateBet, Hellmuth noted: "Over the course of the last 10 days, UltimateBet paid out more than $2.5 million to online poker players in 22 unbelievable events. This series was the epitome of epic for poker fans from all over the globe and our spectacular final championship event will be the talk of the online tables for months to come."
Launched on January 9th, this year's UBOC offered 22 guaranteed events spread over 10 days.
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Gambling News :
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.
Team Hot Launches -
#teamhot The Philippines licensed and GGNetwork-powered online poker operator Natural8 has announced the appointment to its "Team Hot" professional player line-up of Asian poker aces Kitty Kuo, Xuan Liu and Dong Kim.
Netent Q3-2016 Earnings Report -
#netent The UK continues to be an important growth driver but the weaker pound had an estimated negative effect of about three percentage points on revenue growth compared to the same quarter last year.
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