Sung Joo Hyun Character Wins WPT DeepStacks Poker Venetian Event – Sung Joo Hyun has won the 2021 DeepStacks World Poker Tour $1,600 buy-in no-limit hold’em main event held at The Venetian® Resort Las Vegas. The South Korean beat a total of 812 entries to earn the title and grand prize of $208,335, the biggest score of his career. Hyun had earned his first World Series of Poker gold bracelet more than half a year earlier, coming out over a field of 2,307 entries in a $500 WSOP Online buy-in event for $161,898. He now has a career tournament earnings of $699,320.
In addition to the title and money, Hyun was also awarded 912 Card Player Player of the Year points as the champion in this event. This win alone was enough to catapult him to seventh place in the POY 2021 race standings, sponsored by Global Poker.
The sizable turnout for this event made the $500,000 guarantee more than double, with $1,161,160 ultimately paid out among the top 102 winners
Many notable figures have made deep runs in this event, including WSOP bracelet winner Ronnie Bardah (92 – $2,585), WSOP Circuit main event winner Michael Trivett (90 – $2,835), Javier Zarco (81 – $3,090), WPT Championship winner bonus138 Asher Conniff (76 – $3,090), Card Player Poker Tour main event winner Oddie Dardon (43rd – $4,635), Aaron Massey (38th – $4,635), three-time WPT champion and two-time bracelet winner Anthony Zinno ( 37th – $4,635), WPT champion Joe Tehan (31 – $5,330), and a pair of WSOP bracelet winners Erik Cajelais (ranked 17 – $1,120) and Joey Weissman (ranked 11 – $16,920).
MGM Resorts spawned four casinos at the Las Vegas Strip Hotel president – As the spread of the coronavirus continues to wreak havoc on the gaming market, the company has begun to reduce executive-level positions.
According to a report from the Las Vegas Review-Journal, MGM Resorts has laid off four hotel presidents in charge of various Las Vegas Strip properties. Randy Morton of Bellagio, Cindy Kiser of New York-New York, Cliff Atkinson of Luxor, and Eric Fitzgerald of Excalibur have been laid off, according to a source.
MGM spokesman Brian Ahern confirmed the rumors with LVRJ, saying that “the leadership of the property has changed.”
Since nationwide casino shutdowns began in mid-March, MGM has laid off and injured more than 63,000 employees. The gaming giant revealed last week that it loses $270 million for each month that US properties remain closed.
Las Vegas Strip Casinos have been closed since March 18 after Governor Steve Sisolak closed non-essential businesses across the state on March 17. Sisolak announced last week that those businesses would begin reopening during the multi-phase “Roadmap to Recovery,” but casinos would not be reopening. at the start of phase one.
As Strip Casino begins to reopen, it’s likely the company will slowly reopen certain properties, rather than all at once. Station Casinos announced on Sunday that it will be closing several Las Vegas casinos as it begins the reopening process.
Palms, Fiesta Henderson, Fiesta Rancho, and Texas Station casinos will remain closed, while the rest of its Las Vegas portfolio begins to reopen. CEO Frank Fertitta announced that the company would lay off a “significant but unspecified number of employees”, according to an Associated Press report.
In an earnings call last Thursday, the acting CEO of MGM Resorts said New York-New York and Bellagio would be the first two properties to reopen, despite losing its hotel president.
According to Ahern, as MGM moves forward, each hotel president will be responsible for two or three properties each.