It was only a few years ago that Party Poker ruled the online sanghoki kingdom. It’s parent company, Party Gaming had just listed on the London Stock Exchange and was instantly valued at Billions of dollars. A hiring frenzy followed with an expansion of their brands to include Sports Betting and Bingo. Fast forward to the recent announcement from Party that they’re laying off 300 employess in their Gibraltar office.
Party is following another large player in the online poker biz. BoDog recently laid off roughly the same number of employees that helped manage their US facing operations. Many people are buzzing about this on the forums but the remaining big players like Poker Stars and Full Tilt Poker show no signs of following suit. In fact those two continue to grow even with the challenges of making withdrawals in the US pose some risk.
It will be interesting to see how the online poker business reacts to the next round of US elections in November. With many players thinking a Democratic win would signal change in many policies, perhaps the US market will someday open back up and welcome these operators back.
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slaktarn Wins $25k HU at FTP
What a weekend this was for online poker! There was the $10k buy-in WCOOP Event, the $2.5 Million at Titan, and last but not least, the $25K PLO Heads-up event at Full Tilt Poker.
Many of the Full Tilt Poker pros littered the field of 64 players, but only 8 of them would go on to make it into the money. The tournament lasted 2 days starting on September the 6th, wrapping up yesterday with an incredible final table.
In the end only one player could go on to win, and that honor went to slaktarn, a resident high-stakes PLO player at Full Tilt.
Here are the full results from the $25K Heads-up PLO Tourney:
1 slaktarn – $560,000
2 Patrik Antonius – $320,000
3 Urindanger – $168,000
4 Ugadabugada – $168,000
5 trex313 – $96,000
6 David Benefield – $96,000
7 SteveSung – $96,000
8 Eric Kollmann – $96,000
To play in future events, or watch events like this one live online, visit FullTiltPoker.com
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