Weekly Poker Roundup: August 13, 2017
PokerStars Revives PokerStars Caribbean Adventure Name
When PokerStars disbanded the European Poker Tour and created the PokerStars Championship and PokerStars Festival live tournament series, one casualty was the PokerStars Caribbean Adventure (PCA). It didn’t technically go away, but was instead renamed to the rather bland PokerStars Championship Bahamas. On Thursday, PokerStars announced that the PCA name will return in 2018, supposedly making everything all better.
Eric Hollreiser, PokerStars Director of Corporate Communications, said that PokerStars reviews player feedback and that, “This feedback included suggestions that we restore the PCA name and improve the quality of that event to reflect the great heritage and unique experience that made PCA one of the most-anticipated poker events of the year. We’re restoring the name and reinvigorating the event to ensure it remains a premiere poker festival.”
The PCA will run January 6th through January 14th, 2018 at Atlantis Paradise Island Resort in The Bahamas. The Main Event will cost $10,300 after being $5,300 for the past two years. Among other initiatives, PokerStars is capping the administrative fees at $300 for all events with buy-ins more than $10,000.
Jay Lee Wins 2017 WPT Choctaw Main Event
Jay Lee came from way behind Tuesday to win the 2017 World Poker Tour (WPT) Choctaw Main Event, just the third cash of his live tournament career. Lee began the six-handed final table with 3.455 million chips, good for third place, but there was a massive gulf between him and the two chip leaders, Josh Kay and Michael Stashin. Kay was the chip leader with 11.105 million chips and Stashin was second with 7.685 million.
Kay and Stashin stayed ahead of the field for a quite a while, but on Hand 89, Lee finally started to make his upward move, doubling through Stashin to get to 4.740 million chips. Then, on Hand 101, he knocked Stashin out with pocket Queens against pocket Eights to take the chip lead with 12.825 million chips.
Surprisingly, it was Jeb Hutton, the short stack going into the final table (and therefore even further behind the chip leaders than Lee) who ended up heads-up with Lee. Hutton even took over the chip lead briefly when three-handed. Though the final table was lengthy, heads-up was short, just ten hands. Holding J-4 on a J-4-4 flop, Lee stayed patient, eventually getting Hutton to commit his chips on the river with a flush. The boat obviously won and Lee had his first WPT title.
Bodog Founder Named to Antigua Government Post
Well this is interesting, I guess. Apparently, Bodog founder Calvin Ayre has been appointed “Special Economic Envoy” for the nation of Antigua. Specifically, it looks like Ayre will focus on the use of cryptocurrencies like Bitcoin. A press release stated, in part:
Mr Ayre will advise the Government on the effective implementation of new technological developments in cryptocurrency and Bitcoin which have been adopted by leading companies in the United States, Australia, Denmark, the Netherlands, Sweden, Canada, China, and the United Kingdom. He has already invested heavily in Bitcoin blockchain core technology and his e-Com technology processes more Bitcoin transactions than any other platform in the world today.
Ayre, a Canadian national, was quite literally on the U.S. Department of Homeland Security’s top ten most wanted list for his role in offering online gambling to Americans. He is no longer on that list, though, as federal charges of money laundering conspiracy and illegal gambling have been dropped. Ayre did plead guilty to one misdemeanor charge of accessory; he will pay a $500,000 fine receive one year of probation as part of his deal.
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