There is a Powerfest scheduled worth $35 million by partypoker that is coming up.
It will start on the first weekend of September and it will have 330 events with the aforementioned amount as guarantee in each. This Powerfest schedule was revealed by party poker recently and those who regularly take part in online tournaments will surely be interested. There would be about 330 tournaments and hence, the schedule will run from 3rd
For those who are new to Powerfest, it is a series of online poker tournaments that was launched last year and proved to be a success. This year it has more events under its fold and its stature has grown as well. Last year this series was launched in the month of February and the guarantee sum was around $5 million. The same year the tournament returned and had a prize pool of the guaranteed sum of $7.8 million. By September 2016 the prize pool amount reached ten million. Continue reading “Powerfest By Partypoker”
Kaarel Lepik from Estonia had an epic battle in the Heads-up of the Unibet Open Copenhagen’s main event and went on to win it.
He entered the Copenhagen Circuit along with 5 other players who were looking to get a qualification to play the main event. He was the only player from the group of six to qualify for the main event and to finally make it to the top. He had a really fierce battle with Sigurd Carlsson and overcame his opponent from the Faroe Islands after trailing him for a long time in the heads-up.
Peter Harkes, the 2011 Unibet Copen Riga winner, was also at the final table and was looking to bid for his second Unibet Open title. But, he had to finally settle for the third place. The chip leader of the final day, Monica Vaka, did not have a good showing at the final table and had to settle for the seventh place. If she was able to show the poker form that she displayed to become the chip leader, she would have become the first female to ever win the Unibet Open title Continue reading “Lepik Wins Unibet Open, Copenhagen”
The Ukrainian poker Yevgeniy Timoshenko was not at the top of his game at the 2017 Aussie Millions Event.
He had to succumb to a defeat at the hands of Finnish poker Samuli Sipila, who does not have the kind of experience that Tymoshenko has. The Ukrainian had a huge advantage over Sipila in terms of game experience. But, this experience came to no avail as he was not able to get the better of the eventual winner at the side event. The event was the Pot Limit Omaha and this is getting popular among both poker players and fans alike. The buy-in for this event was a huge amount and it was $2,500. This was pretty high for any player.
The prize pool was AUD$283, 500 as there were 126 players who took part in the event. The event saw a lot of popular and known players taking part and the prize money were distributed among the top 15 players. Phil Laak took part in the event and finished in the 9th place and took home AUD$8, 505. Continue reading “Ukrainian poker Yevgeniy Timoshenko”
There was an announcement made this week about Eldorado Resorts acquiring the Isle of Capri Casinos in a deal which is $1.7 billion worth.
The merger is inclusive of long term debt of $929 million of Isle of Capri along with its subsidiaries as stated by the companies. After the transaction gets completed, Eldorado will reap benefits through high geographic and operational diversity as there will be inclusion of 13 casino resorts in its portfolio. This would be applicable for 20 properties in total in 10 states. Eldorado has already been operating several casinos between Nevada, Reno and West Virginia, Ohio and Pennsylvania. The revenues would have been around $1.8 billion if the revenue from the companies is combined together in 12 months before July.
The purchase of Isle of Capri will certainly mean a transformation in terms of growth opportunity for Eldorado. It is indeed an important milestone towards the achievement of long term strategies for expansion of gaming platform as per the CEO of Eldorado. Gary Carano also said that the company has created best value for their shareholders in the last 2 years. The Eldorado Resorts will expand eventually from what it was. From 2 fully owned properties along with 50 percent interest in the 3rd property in 2 markets in 2014 to around 20 properties in 10 different states soon after the completion of the transaction. Continue reading “Merging Of Casinos In $1.7B”