Tag Archives: WSOP

Poker Pro Antes Up Las Vegas World Series of Poker Winnings “For a Song”

A professional poker player and award-winning songwriter, Jason Mershon, has come up with a unique and ambitious plan to promote his new poker song called “Playin’ Poker for a Livin’.” 

In what is believed to be the first offering of its kind, Mershon is planning on entering the 2010 Main Event at the World Series of Poker in Las Vegas this summer, and is agreeing to share 50 percent of any Final Table winnings with the first 15,000 people who download and purchase his song at his website: www.playinpokerforalivin.com

“It’s just my way of saying ‘thank you’ to those fans who like my new song,” says Mershon. “I wrote the song to humorously tell what it’s really like being a professional poker player; the sarcastic attitudes of many professional poker players; and the monotony of actually playing poker for a living and grinding out the long hours in a casino card room.” The song itself, “Playin’ Poker for a Livin’,” has already received great reviews from poker players and card room owners alike, who have stated that it’s the best song written about poker in years. 

Mershon has spent most of his life in the entertainment business, and is now a recognized professional poker player in Southern California. He plans to update his progress during the tournament on his Twitter and Facebook page, thus giving people a “virtual seat” at the tournament. 

Since winning two awards at the Los Angeles Music Awards in 2006 for his rock musical, “Rock and Roll Heaven” (aka “Heaven Rocks”) which can be found at www.rnrheavenrocks.com, Jason Mershon has been a regular fixture in the California and Las Vegas poker circuit. 

“I probably spend 90% of my time playing in cash games,” says Mershon, “but I’m also considered a pretty good tournament player as well. So, I don’t want people to think I’m ‘dead money’ in the World Series of Poker,” he laughed. 

“Additionally,” he concluded, “I’m offering a special extended limited edition of my poker song which will only be available to the first 15,000 fans who purchase the song.”

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Historic Binion’s Hotel in Las Vegas to Close

Another legendary landmark Las Vegas hotel has put up a permanent no vacancy sign. Binion’s announced Monday it will shut down its 365 rooms on Dec. 14. The casino and other operations, though, will reportedly remain open. 

Binion’s officials have said the reason for shutting down the hotel operations was because of the ever slumping economy which has forced room rates to drop and vacancies to rise. 

Even though the casino will stay open, there’s no question the decision will be a blow to a downtown that has struggled — even during the talks of revitalization. 

It’s been a staple on Fremont Street for more than half a century. Word of the closure spread quickly. 

Binion’s original coffee shop and Keno operation will also close, but the entire casino operation — including the Sports Book and the famed poker room which hosted the World Series of Poker from 1970 to 2005 — will stay open. 

But the hotel closure could impact gaming. 

Las Vegas Mayor Oscar Goodman is trying to help Binion’s owners and lenders hammer out a deal to keep the hotel open. He said he does not think this will impact his plan to revitalize downtown. 

“Once you start saying you’re not going to do those things, then you recede. Vegas is a very funny place. We go through these ups and downs. We’ve been here before, perhaps not to this level, but I don’t blame this on Las Vegas. Las Vegas has the infrastructure in place. We’ve got the best hotels, restaurants, shopping and entertainment,” Goodman said. 

Goodman said it’s hard to find investors to come in with fresh money to refurbish rooms, but he’s not giving up.  “We have to keep pushing forward, now more than ever,” Goodman said. 

About 100 people will be laid off when the hotel closes. 

Anyone who has a reservation after Dec. 14 is being referred to Binion’s sister property across the street, The Four Queens. 

Most of the restaurants, including the famed Binion’s Ranch Steakhouse, will remain open.

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Jeffery Pollack Resigns from World Series of Poker, Harrah’s in Las Vegas

World Series of Poker (WSOP) Commissioner Jeffrey Pollack has resigned from his post at the WSOP and Harrah’s.  Friday, November 13th, was Pollack’s last day on the job. JeffreyPollock

“It’s bittersweet, but I’m leaving with just great memories and a really nice sense of it being a great run. More than anything else, I’m just appreciative of the opportunity to have been part of the WSOP,” said Pollack, who was instrumental in growing the WSOP since assuming his position in 2005. 

The WSOP entered its 40th year this year, with Michigan pro Joe Cada crowned its latest and youngest champion last week. 

World Series of Poker spokesman Seth Palansky said there were no immediate intentions to replace Pollack. 

Back in May, Pollack teamed with former Party Gaming CEO Mitch Garber to lead Harrah’s Interactive Entertainment, the casino giant’s newly-formed online arm. Pollack was slated to be its President and Harrah’s CEO Gary Loveman commented in a press release announcing the launch: “As the world’s largest gaming company, Harrah’s is taking a proactive approach toward international and interactive expansion. It is important we position ourselves to explore new markets as well as new technologies with our best in class brands.” 

Pollack said his next career move remains up in the air: “I really wanted to see this year through, see this series through. I’m leaving on an absolute high note.”

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Las Vegas World Series of Poker $8.5 Million Main Event Won Today by Youngest Winner Ever– 21-year-old Joe Cada from Michigan

A 21-year-old Michigan poker professional who chose cards over college won the World Series of Poker main event in Las Vegas early today, winning $8.55 million and becoming the youngest player to win the tournament in its 40-year history. JoeCada

Joe Cada of Shelby Township, Mich., turned over a pair of nines early after 46-year old Darvin Moon called his all-in wager with a suited queen-jack, setting up an about-even race for most of the chips on the table. 

But a board of two sevens, a king, an eight and a deuce didn’t connect with either player’s cards and gave Cada the win. 

“I ran really well and I never really thought this was possible,” Cada said. “It was one of those dreams and I’m thankful it came true.” 

The hand abruptly ended a final table that saw Moon, a logger from western Maryland, bounce back to a dominant chip lead after being down 2-1 in chips to start the night. 

“I knew if I could catch, I got him,” Moon said of the final hand. “I just took a shot.”

 Cada broke a record for the tournament’s youngest winner set last year by Peter Eastgate of Denmark. Cada is 340 days younger than Eastgate. 

The record was previously held for two decades by 11-time gold bracelet winner Phil Hellmuth, who posed for pictures with Cada after the win. 

When asked what’s next for him after reaching the pinnacle for poker so early in his career, Cada said: “To win it back-to-back.” 

Moon and Cada traded the lead several times in 88 hands spanning nearly three hours of play, with one 20-minute break. 

Moon won $5.18 million for second place. 

“I only play good when my back’s against the wall,” said Cada, who was nearly ousted from the tournament on Saturday when he held about 1 percent of the chips in play after 123 hands. 

The players traded chips atop a table with a stack of cash and a gold bracelet on its felt, and in front of nearly 1,500 screaming fans in a capacity crowd at the Rio All-Suite Hotel & Casino in Las Vegas. 

Their tug-of-war ended an epic tournament that began with 6,494 players in July. 

Unlike Cada, who said he regularly plays about a dozen tournaments at a time online or three at a time in heads-up cash games, Moon hasn’t played a single hand of online poker. He doesn’t even own a computer or have an e-mail address.

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Final Table of World Series of Poker Starts Saturday in Las Vegas

The final nine poker players will square off next Saturday at Noon at the Rio at the final table of the World Series of Poker.  It will conclude when two remain and await the championship. The winner will receive a payout of $8.5 million; ninth place takes home $1.3 million. 

The top four at the Main Event final table will control 75 percent of the chips. 

If you want to take in the action, the Penn & Teller Theater viewing is free to the public to anyone 21 and older. Space allocated on first-come, first-served basis. 

ESPN will air a two-hour telecast on Saturday and Monday’s final table. 

Las Vegas Backstage Access has followed the action and will continue to do so until the end. 

Player standing and stats going into the Main Event: 

1. Darvin Moon, 45, Oakland, MD, $58.9 million (in chips)

2. Erich Buchman, 29, Hewlitt, NY, $34.8 million

3. Steve Begletter, 47, Chappaqua, NY, $29.9 million

4. Jeff Schuman, 34, Las Vegas, NV, $19.6 million

5. Joseph Cada, 21, Shelby Township, MI, $13.2 million

6. Kevin Schaffel, 51, Coral Springs, FLA, $12.4 million

7. Phil Ivey, 32, Las Vegas, NV, $9.8 million

8. Antoine Saout, 25, St. Martine des Champs, France, $9.5 million

9. James Akenhead, 26, London, England, $6.8 million

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Harrah’s Extends World Series of Poker Contract with IMG Sports & Entertainment

Harrah’s Interactive Entertainment and IMG Sports & Entertainment announced a four-year contract extension for global representation of the WSOP property. 

According to the agreement, IMG will continue to use its international network to help establish the brand in areas beyond Las Vegas and London. 

“We are looking to emphasize the ‘World’ in World Series of Poker as our vision of the brand extends beyond the annual events in Las Vegas and London,” said Mitch Garber, CEO of Harrah’s Interactive Entertainment. 

“By tapping the global reach and expertise of IMG, we are confident that together we can take the brand to new levels on the international stage through new international bracelet events and other WSOP licensed poker events.”

 IMG has worked with the WSOP since 2005 and helped attract corporate sponsors like Jack Link’s, Hershey’s and Planters.

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Final Table Revealed for World Series of Poker in Las Vegas

The original field of World Series of Poker (WSOP) began with 6,494 competitors.  Now, after nearly 11 hours of play in the Rio’s convention pavilion, the nine-player final table is set for the World Series of Poker’s $10,000 no-limit hold ‘em world championship.  

The final table, a mixed bag of experienced poker professionals and amateurs ranging in age from 21 to 51, are now on a four-month break. 

The World Series of Poker resumes November 7, this time inside the Rio’s Penn & Teller Theater.  The nine players will compete until a heads-up table of two is reached.  The pair will come back November 9 and play for the title.  ESPN will broadcast it the next evening. 

The chip leader going forward is Darvin Moon, a logger from Cleveland, Md.. The other eight players in the final table are Eric Buchman of Valley Stream, N.Y., former Bear Stearns executive Steven Begleiter of Chappaqua, N.Y., Card Player magazine editor Jeff Shulman of Las Vegas, Joseph Cada of Shelby Township, Mich., Kevin Schaffel, Coral Springs, Fla., Antoine Saout of France, standout poker player Phil Ivey of Las Vegas and James Akenhead of London.

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