2007 May 09 Poker News, Events and Happenings

There are a lot of similarities between a serious poker player and the owner of a small business. The small-business owner is forced to pay attention to detail, carefully managing the books and doing whatever it takes to turn a small profit. They must stay within their budget, because failure to do so over time can lead to the business being forced to shut down.

All the chips were on the table in last year’s World Series of Poker and then some. The final count was 2.41 million more than was supposed to be in play. A Nevada state gaming investigator says it looks like an unintentional mistake in a fast-paced tournament with thousands of players and tens of millions of chips.

Terry Semel speaks to Microsoft’s guests, and says very little. Is he bluffing?

On May 8, 2007, World Poker Tour Enterprises reported a net loss of $2.3 million or $0.11 per fully diluted share for the first quarter of 2007, missing Wall Street expectations by $.03 per share. The stock traded down….

Directly in response to comments from WSOP 2006 participants, Harrah’s made some major adjustments in the tournament payout structure and the tournament blind and ante structure. The revised and ‘flattened’ payout structure…

SWEET HOME Are poker tournaments a benefit or a detriment to the community? The Sweet Home City Council meeting witnessed a lively debate of this question Tuesday night but no decision has yet been made whether to legalize Texas Hold Em card tournaments inside city limits.

MONTREAL, Quebec — (PRESS RELEASE) — Everest Poker today announced the winners of the weekly guaranteed $100,000 poker tournament, held on 6 May, 2007. The weekly $100,000 guaranteed poker tournament is held each Sunday at 14:30 GMT.