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Poker News Digest 8/23/2008 – 8/26/2008
By Dan
Published: Tuesday, August 26, 2008
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- The Poker Players Alliance, along with the American Gaming Association, will host a charity poker tournament during the Republican National Convention on September 3 in Minneapolis, Minnesota. The tournament will benefit the same organization, the Paralyzed Veterans of America that the poker event at the Democratic National Convention will this week in Denver, Colorado. Players can buy-in for $1,000 or purchase sponsorships for $5,000 and $10,000, which will gain them buy-ins for additional people. Those who just wish to watch can buy a spectator seat for $250. The sponsorships also include these spectator seats. The event at the Democratic National Convention was going to award a $10,000 seat at the 2009 World Series of Poker to the winner, but because of possible violations of Colorado gaming law, the seat will simply be awarded to randomly chosen participant. Over one hundred additional door prizes will be distributed, as well.
- Attendance at the World Poker Tour’s Legends of Poker event at the Bicycle Casino in Los Angeles, California has decreased significantly from last year. Only 373 players ponied up the $10,000 buy-in, compared to 485 entrants in 2007, a 23 percent drop. This bad news for the WPT comes shortly on the heels of the threat of the delisting of World Poker Tour Enterprise’s stock on the NASDAQ exchange. One factor that some are pointing to for the decline in participation is the glut of large buy-in tournaments, causing many pros and semi-pros to be more selective about the events that they enter. The winner of this year’s Legends of Poker will cash a check worth over $1.1 million. Dan Harrington, 1995 World Series of Poker champion, took home the crown last year, besting David “The Dragon” Pham heads-up.
- Betfair Australia has named Andrew Twaits its new Chief Executive Officer, filling the void created when Anthony Klok left the position for Crown. Klok will become the International Business Development Director at Crown, which owns half of Betfair. He will remain on Betfair Australia’s Board of Directors. Twaits was Befair Australia’s first local employee, hired on in 2005. He has served as Director of Corporate and Business Affairs in Australia for the company for the last three years.
- Two-time bracelet winner, Hoyt Corkins, was horrified to find out earlier this week that his home in Las Vegas had been burglarized. Corkins, a well-liked player on the tournament circuit and unmistakable in his black cowboy hat, lives in the upper-class gated community of Spanish Trail, a place where many would not think something like this could happen. Corkins does not believe it was a fellow poker player who robbed him of over $100,000 in cash and possessions, but it may have been someone with connections to poker circles, someone who knew he was going to be out of town for a month. The house was almost completely stripped bare of valuables, meaning they knew they had time to take everything and get out safely. Additionally, several items missing are large and could not have simply been carried out the door or thrown in a bag. The criminals took, among other things, Corkins’ two World Series of Poker bracelets, his World Poker Tour bracelet, electronics, a customized 2005 Jeep, a Doyle’s Room-branded Yukon Denali, and a white Harley Davidson motorcycle.
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