Monday, December 1, 2014

EPT Prague going big...way big



The European Poker Tour is expecting to host certainly one of its biggest-ever events when it heads to Prague a month from today.

Kicking off December 7, the Prague Poker Festival will combine the Eureka Poker Tour and EPT for 59 events. What does it take to make that happen? It starts with 140 poker tables and requires 228 members of the tournament staff, greater than every other PokerStars live event in history .

"The Prague Poker Festival always attracts a lot of players who play both tournaments and cash games. This year's festival has potential to be even bigger than last season where both the Eureka and EPT Main Events shattered records," said EPT President Edgar Stuchly.

Last year, EPT Prague drew nearly 9,000 entries and €13 million in prize money.

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Yes, it is a big one

It's not only an issue of the way many of us are going to turn up (which, again, is predicted to be a large number). It's greater than that.

The EPT Prague Poker Festival goes to how the top buy-in poker event the Czech Republic has ever seen. December 9-11, the highest players from world wide will sit to play the €50,000 Super High Roller.

What else? Well, just everything else you may want in a poker festival.

The EPT--again, for the primary time--will start hosting Midnight Turbos for the night-owls within the crowd. With buy-ins starting from €300 to €1,000, anyone with a stiff cup of coffee can be in a position to compete for some decent money at the graveyard shift.

Those aren't the one unique events happening this year. Over the process the 11-day festival, the EPT will placed on three Omaha championships, a junior's event only for 18-21 year-olds, the Czech Republic's first senior's event, and a Finns only Finnish Championship event. Oh yes, and keep your eyes open for the introduction of Super Hold'em and Irish Hold'em events.

Need more info? Head on over to the EPT Prague page.

We'll see you there...if we will be able to find you within the crowd.

Brad Willis is the PokerStars Head of Blogging


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Read More... [Source: PokerStarsBlog.com :: European Poker Tour]

Chile and Mexico qualify for Americas Cup of Poker final



Either Chile or Mexico may be crowned Americas Cup of Poker winners within hours. Their reward can be $32,500 and the pride that incorporates representing your country to the fullest. For the rest, it is time to hit the exit, share a couple of drinks and consider what could have been. A minimum of they'll be doing it with some extra change of their pockets.

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The finalists take their seats

It's been a hectic, emotional, and somewhat noisy day at the tournament floor, but thus far the poker's been played within the greatest of spirits.

Yesterday's Round 1 determined who would play who in today's better of five heads-up matches. In order Chile and Mexico take their seats for the final, here's how the action played out:

Semi-Final:Chile 3-0 Colombia Mexico 3-0 Peru

Fifth place play-off:Brazil 3-1 Argentina

Third place play-off:Colombia 3-1 Peru

pca2014.acp.003.fernando macedo-2-2.jpg

Fernando Geraldo Macedo, thumbs up for fifth

With one match to go, this year's Americas Cup of Poker is almost ready for the history books. Check back for more stories from the day very soon, and for that all-important final result.

Americas Cup of PokerDate: January 11-12, 2014Entries: Six teamsPrize pool: $100,0001st: $32,5002nd: $25,0003rd: Colombia $17,5004th: Peru $12,500 5th: Brazil $7,500 6th: Argentina $5,000

Don't forget to click through to live updates, features and interviews from the $10,000,000 guaranteed PCA Main Event.

Keir Mackay is a copywriter for PokerStars.


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Read More... [Source: PokerStarsBlog.com :: Americas Cup]

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US to Nationalize Las Vegas Casino Gambling?



The subject presently being discussed in Congress is the banking system, however it could soon be the casino gambling industry that turns to government ownership to stop collapse.

US institutions are facing crises, as investor selloffs drive market value of those companies plummeting down, high-risk investments become anchors dragging companies under, and excessive spending returns to haunt them. Perhaps the one approach to save thousands and thousands of jobs and forestall further chaos is to nationalize the industry.

The subject presently being discussed in Congress is the banking system, but it surely could soon be the casino gambling industry that turns to government ownership to stop collapse. While Las Vegas gaming and resort operators struggle to bypass bankruptcy, some economic planners thinking outside the box say nationalizing the gambling sector makes as much or more sense than taking up the banks.

Washington economist Pete Dobson says, "If the federal government took over the casino operators which can be tumbling toward bankruptcy, taxpayers could soon see a profit at the investment. Ridding those companies of the toxic assets they committed to within the name of endless reckless growth would put such companies as MGM Mirage back to the days of enormous earnings."

Gambling has become a vital part of generating public money around the US, as states are constantly expanding games and changing laws to extend revenue. In line with Dobson, "Nationalization of the casinos would assure the security of all those jobs, plus provide the U.S. with massive cash flow. Why continue to take only a taste of gaming income, when industry leaders can't maintain profitability in the sort of simple business?"

Online Casino Advisory senior gaming analyst says, "This plan probably has no shot politically, but actually would determine better for US taxpayers than a nationalization of Bank of America. Once the debt problems curious about headlong expansion are controlled, the casinos might be sold off one at a time, recovering government funds invested.

"Meanwhile, the casinos owned by the US, now not encumbered by the credit problems resulting from overleveraging, would again return to raking in money, bringing billions to federal coffers."

Neither the Treasury Department nor the office of Barney Frank had touch upon the casino plan. Washington insiders said a nationalization of gambling would meet too many obstacles from special interests and lobbyists.

Published on February 21, 2009 by VirginiaMaddox


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