Renji Mao’s Deepstack Aggression Earns Him First WSOP Bracelet ($402,588)

Renji Mao’s Deepstack Aggression Earns Him First WSOP Bracelet ($402,588)



Renji Mao entered the added day of Event #26: $800 No-Limit Hold’em Deepstack at a significant chip disadvantage, but his revamped strategy paid off. After less than a dozen hands against Matthew Elsby, Mao had flipped the chip lead and was celebrating his first World Series of Poker (WSOP) gold bracelet.

The final two players bagged up after a grueling Day 2, with Mao using the 12-hour break to study and change his approach as the short stack today.

“I did a lot of homework last night and I think it’s great to have a break, luckily,” Mao told PokerNews moments after his victory.

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“I changed my strategy completely today to be on a more aggressive end,” said Mao, whose adjustment paid off quickly to cement the biggest win of his poker career to date.

Mao took home $402,588 after defeating a field of 4,747 entries over three days of play. The win marked a triumphant return to Las Vegas and his first experience at Horseshoe and Paris Las Vegas as he was unable to travel since his run into the money in the 2019 WSOP Main Event. Mao earned his tenth career WSOP cash, though the win represented a larger prize than all previous results combined.

2023 WSOP Event #26 Final Table Results

Rank Player Country Payout
1 Renji Mao China $402,588
2 Matthew Elsby United States $248,833
3 Anthony Potis United States $186,250
4 JJ Liu Taiwan $140,442
5 Ta-Wei Tou Taiwan $106,693
6 Qiwen Chen China $81,666
7 Jesse Rosen South Africa $62,984
8 Vito Branciforte Italy $48,947
9 Michael Younan United States $38,332

The massive field generated a staggering prize pool of $3,341,888, shattering last year’s tournament entry total by more than 700 players. Among the notable names to make deep runs were JJ Liu (4th – $140,442), Dinesh Alt (13th – $24,063) and former WSOP Main Event champion Ryan Riess (15th – $19,291).

JJ Liu
JJ Liu

Day 3 Action

Mao’s comeback today ended a rollercoaster heads-up battle, including a moment the previous night where his big chip advantage disappeared when Elsby flopped a straight. Elsby then ground out a nice lead of his own until play wrapped up for the night, leading to the fireworks on the added day.

After exchanging chips over the first four hands of play, Elsby was in prime position to take down the title with Mao at risk. Mao was behind until the river when he found a flush to regain the advantage. From there, only a few more hands were needed to see the cards turned over again. This time it was Elsby at risk, coming up empty while trying to chase down Mao’s ace-high. Elsby comes just shy of a second career bracelet, earning a runner-up finish for $248,833.

Renji Mao
Renji Mao

Mao now heads into the rest of the series with plenty of momentum, already having earned a ticket to this year’s WSOP Main Event. “My goal in poker is beyond the bracelet,” said Mao. “It’s more about enjoying the game, trying to improve, trying to be a better player, trying to be a better person in everything. The bracelet is just a small portion of it but it’s still a great thing for me.”

2023 World Series of Poker Hub

Bookmark this page! All you need to know about the 2023 WSOP is here.

  • 1 Peter Thai Wins First Bracelet of the 2023 WSOP: Event #1: $500 Casino Employees ($75,535)
  • 2 Alexandre Vuilleumier Captures 2023 WSOP Event #2: $25K High Roller Title
  • 3 Cody “1eggadaymike” Bell Wins WSOP Bracelet and $87,665 in the Triple Treys Summer Tip Off
  • 4 Michael Moncek Wins Event #6: $5,000 Mixed No-Limit Hold’em/Pot-Limit Omaha for $534,499
  • 5 Chad Eveslage Steamrolls to Second WSOP Bracelet in Event #5: $1,500 Dealer’s Choice (6-Handed) ($131,879)
  • 6 Ronnie Day Reigns Supreme in Event #4: Tournament of Champions ($200,000)
  • 7 Vadim Shlez Takes Down Event #7: $1,500 Limit Hold’em For $146,835
  • 8 Chanracy Khun Wins Event #8: $25,000 Heads-Up No-Limit Hold’em Championship
  • 9 Nick Schulman Wins Event #9: Seven Card Stud For Fourth WSOP Bracelet ($110,800)
  • 10 Ian “IanMa” Matakis Wins Online Event #2: $500 No-Limit Hold’em Bankroll Builder for $120,686
  • 11 Ryan “dna2rna” Hughes Wins Third Bracelet, Defeats Shaun “fortnite” Deeb in Online Battle
  • 12 Tyler Brown Crowned Champion of Event #3: $1,000 Mystery Millions ($1,000,000)
  • 13 Kenneth O’Donnell Wins Event #11: $600 No-Limit Hold’em Deepstack For $351,098
  • 14 The Chosen One: Chad Eveslage Wins Third Bracelet in the $10,000 Dealer’s Choice Championship
  • 15 Estes Nabs Second WSOP MI Online Bracelet; Kershaw Victorious in First PA Event
  • 16 Joseph Altomonte Returns to Poker With a Bang; Rakes in $217,102 and a WSOP Bracelet
  • 17 Jeremy Eyer Defeats Felipe Ramos in Gruelling Heads Up Duel for $5K Freezeout Title ($649,550)
  • 18 Danny “jackdaniels1” Wong Finally Bags WSOP Bracelet After 13 Hour Day
  • 19 Isaac Haxton Removes Name from “Best Without a Bracelet” List w/ $25K High Roller Win
  • 20 Brian Yoon Wins 5th WSOP Bracelet in $10,000 Seven Card Stud Championship
  • 21 Brazil Out in Force for Reis’ First Bracelet in $1,500 6-Handed No-Limit Hold’em
  • 22 Three Isn’t a Crowd for Jim Collopy Who Wins His Third WSOP Bracelet
  • 23 Valentino Konakchiev Denies Andres Korn a Second Bracelet in $2.5K NLHE Freezeout
  • 24 Michael Rodrigues Becomes First Badugi Champion in Event #20: $1,500 Badugi
  • 25 Stephen Nahm Toasts To His Victory in Event #21: $1k Pot-Limit Omaha
  • 26 Fifth Bracelet for Josh Arieh in Event #22: $10,000 Limit Hold’em Championship for $316,226
  • 27 Leon Sturm Bests Bill Klein in Event #23: $50,000 High Roller ($1,546,024)
  • 28 Two Big Bets and a Chair – David “ODB” Baker Fights Back from the Felt to Win His Third Bracelet
  • 29 Jason Simon Becomes WSOP’s First Gladiator of Poker for $499,852
  • 30 Renji Mao’s Deepstack Aggression Earns Him First WSOP Bracelet ($402,588)





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IGT Considers Selling Off/Listing PlayDigital and Global Gaming Assets

IGT Considers Selling Off/Listing PlayDigital and Global Gaming Assets


Casino equipment maker and digital gaming content provider International Game Technology Plc (IGT) has announced that its board of directors is “evaluating potential strategic alternatives” for the group’s global gaming and PlayDigital segments, “in order to unlock the full value of IGT’s portfolio.”

IGT’s board of directors is considering a broad range of potential alternatives, including but not limited to a sale, merger or spin-off, as well as retaining and further investing in the global gaming and PlayDigital businesses,” the firm said in a Thursday press release.

Lottery Giant Behind IGT Name

Formerly known as Gtech S.p.A. and Lottomatica S.p.A. until a takeover of Si Red’s Las Vegas, Nevada-based IGT in 2015, the group is a multinational gambling company that produces various gambling technology including slot machines. While the company is headquartered in the UK, it maintains major offices in Rome, Providence, Rhode Island, and Las Vegas, and is controlled, with a 51 percent stake, by De Agostini, an Italian company founded in 1901.

The overall company, which includes the world’s largest lottery supplier by gross receipts, generated over $400 billion in revenues.

IGT’s chief executive, Vince Sadusky, said in a statement that the company remained “focused on the execution <of its> growth objectives and multi-year goals” as outlined in November 2021, and is reviewing and evaluating strategic alternatives for the gaming and digital segments. At that time the company noted its digital and betting businesses were to be included in a potential public listing of assets.

Regardless of the outcome of this process, IGT is well-positioned to deliver on its long-term growth and profit targets,” noted Sadusky in the Thursday announcement.

Mediobanca, Deutsche Bank, and Macquarie Capital have been brought in as financial advisors in concert with Sidley Austin and White & Case acting as legal counsel for the potential public listing.

Global gaming revenue for the group for the first quarter of 2023 was up more than 21% compared to a year ago at US$389 million. Digital and betting segment revenues stood at $47m one year ago and have risen to $55m. The first three months of the year generated $23m in net profits for shareholders with revenues up nearly 1% and just brushing past $1.06b.

The company would appear to be flush with cash and an increasingly powerful credit profile. From January 1, 2023, to the end of the first quarter, net debt dropped from $5.15b to $5.12b as the company started the year with “significant cash flow generation and further improvement” in its credit profile.

No Decisions Have Been Made

On Thursday, the company noted that “No decision has been made regarding any alternative, there is no timeline for the review and there can be no assurance that the exploration of strategic alternatives will result in any transaction.”

Marco Sala, the executive chair was quoted in the information release: “Over the last three years, IGT has sharpened its strategic focus by reorganizing around core product verticals, monetizing non-core assets, reducing structural costs, and significantly improving its credit profile.

Sala added: “We believe the intrinsic value of IGT’s market-leading businesses and diversified cash flow profile is not currently reflected in our stock price and the timing is right to assess opportunities that may enhance value for IGT’s shareholders.

Stock prices were up at the close of trading on Thursday nearly 4% after the announcement at $31.50.

For decades, Gtech/Lottomatica competed and sometimes cooperated with Scientific Games, the other world lottery leader. However, Scientific Games restructured and rebranded itself to Light & Wonder. Major changes included the sale of its lottery business which still retains the Scientific Games name for about $5b and offloaded its sportsbetting business for about $800m. Light and Wonder’s stock price closed more than double that of IGT at $66.97 Thursday.

Source:

IGT mulls possible sale, spin-off of gaming, digital units, GGRAsia, June 9, 2023

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March 2023 American Casino Guide Book Newsletter


Come meet us in person in April!

We are having our first meet & greet in South Florida on April 23. Look below for details on how to meet Steve & Matt! 

We have a NEW YouTube channel dedicated to the best tips and information about casinos. Click Here to subscribe so you never miss a video!

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2023 WSOP on Track to Break All Kinds of Records

WSOP poker room


The World Series of Poker (WSOP) is always the biggest highlight of the live poker schedule each year and the 2023 rendition has already broken multiple records. Participation levels are up more than 10% for the same events compared to last year’s numbers and with more live events than ever before, it looks like the festival is on pace to set new attendance marks. Nearly 70,000 people have battled it out for more than $75m in prize money and over two dozen bracelets across the first two weeks.

the biggest-ever $1,000 buy-in WSOP event, attracting 18,188 entries

The Mystery Millions became the biggest-ever $1,000 buy-in WSOP event, attracting 18,188 entries. From each buy-in, $300 went towards the bounty pool and two participants claimed $1m bounties. The $1,500 Razz event drew 556 entries, shattering the previous WSOP Razz tournament record, set in 2012. Dubbed the “most affordable” WSOP event of all time, the $300 Gladiators of Poker tournament became the second-largest-ever live event after attracting 28,371 participants.

This is the second time that the event is taking place at the Paris Las Vegas and the Horseshoe Las Vegas (formerly Bally’s) casinos. The WSOP will be running until July 18, with the Main Event kicking off on July 3. WSOP Executive Director Ty Stewart is hopeful that the 2006 Main Event record of 8,773 players could be broken this time around.

The post 2023 WSOP on Track to Break All Kinds of Records appeared first on VegasSlotsOnline News.

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April 2023 American Casino Guide Book Newsletter


Come meet us in person this weekend!

Look below for details on our first meet & greet in South Florida on Sunday, April 23. Come meet Steve & Matt and the guys from videopoker.com! 

Did you know that we have a NEW YouTube channel dedicated to the best tips and information about gambling and casinos? Click Here to subscribe so you never miss a video!

Don’t forget, every Monday we stream LIVE from a real casino! Check below for more details.

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Want to learn to play video poker like a pro? Our exclusive offer gets you a Free 14-day Gold membership at videopoker.com with no credit card information required! More details below.

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I Almost Threw It Away

Putting Bills Into a Machine


Bonnie and I have been married nine years now, and she turned 80 years old June 3. From the get-go, she knew I was a professional gambler, and it became clear to me early on that she had no potential to understand advantage gambling. But she enjoys the meals, cruises, and other traveling that my profession brings me, and my life works better with her in it. 

One of the things we did early on was to insulate her from the gambling swings. The bulk of each of our assets are not commingled and file taxes separately. She had some assets of her own coming in — as had I. Our wills are set up that she gives her money to her heirs, and I give money to mine. We have a “Bob and Bonnie account” for household expenses and we each contribute to it.    

While it doesn’t affect her directly if I’m ahead or behind $50,000 or more this year, she’s definitely on my side. She wants me to do well, and she helps me as she can. 

I get offers from many casinos. Some local to Vegas and some from out of town. If I have competing offers on one weekend (I usually do), I analyze the promotions and select the best one for us. Usually that means the most money for me — but not always. If there’s a promotion that includes a shopping spree that would be of interest to her, and if the deal is otherwise acceptable with her getting all of the goodies, that promotion goes to the top of the list.

In early May, I received a flyer from Harrah’s Lake Tahoe about a celebrity golf tournament in July. I scanned it and put it in my “Potentially Interesting” stack and vowed to look at it more closely later. We had several things to do in May and June and there was no urgency to make a decision when I got the mailer.

In late May, it became time to look at that mailer and I couldn’t find it. I asked Bonnie if she had moved it from where I left it and indeed, she had. She had looked through my “PI” stack in order to see what might be interesting to her. Although she doesn’t dispute that I have by far the biggest vote as to which play is best for us, it’s not like she has no vote at all. If she sees something that catches her eye (perhaps a particular concert, or maybe an excursion that looks interesting, or even one of those shopping sprees that I’ve mentioned before) she lets me know that she has an opinion on it. I sometimes overrule her, but not often. 

From our history together, she has a sense of what I’m interested in, but not the details. When she reads that if I earn 8,000 Tier Credits over our stay, then I’ll get $400 in free play, she has no understanding how I calculate how much that is in terms of expected win or loss. She doesn’t remember the machines I play at each place, how much they are worth, or what it takes to earn 8,000 Tier Credits.

On this particular offer, she noticed there was a golf tournament in Lake Tahoe. She knows I don’t play golf and has seen me watch golf on television maybe five times in the nine years we’ve been together. So, she figured I wouldn’t fly that far to see something that wasn’t that interesting to either one of us, and that I had placed it my “PI” stack by mistake. She moved it to my “Probably Not” stack. She told me later that she almost threw it away. Clearly (to her) it was an offer we weren’t going to use.

Then I explained why I had placed it in “PI” rather than “PN.” I said there was an airfare component to the offer and what was also happening at the ROW in Reno at that time was important.

“Why? Reno and Lake Tahoe are 60 miles apart.”

“Yes, but you use the same RNO airport to go to both casinos. It costs a total of $120 for both of us to take the shuttle from RNO to Tahoe and back again. And our Reno offers do not include airfare. So, doubling up makes sense.”

“If you knew all of this, why didn’t you put it into the “yes” stack right away instead of the “PI” stack? It seems like you already figured out we were going.”

“Well, we hadn’t received the ROW mailers when I got the Lake Tahoe offer. The dates don’t have to match up. If we decide to go to the ROW at the end of July, this particular Lake Tahoe offer doesn’t help us. Plus, I want to participate in the Improv showcase on July 15 (If you’re in town, tickets will set you back $10 each and the show is family friendly. www.lvimprov.com  It’s a very funny show and please come up and say ‘hi’ afterwards) so I don’t want to be in Northern Nevada at that time. In addition, we do get offers from Las Vegas and elsewhere. Some are “can’t miss.” We can’t be in both Las Vegas and Northern Nevada simultaneously.”

“So are we going to Lake Tahoe, Bob? This is all so complicated.”

“Well, the casino offer is okay, not great. We can make the dates work for double-dipping purposes and still allow us to be home for the Improv showcase. Don’t forget that Lake Tahoe in July is absolutely gorgeous. The comparison between the temperature and scenery in Lake Tahoe and Vegas in July makes that part of the decision a no-brainer.”

“So the golf isn’t that important?”

“Well, there will be bunches of stars to watch. You like Steph Curry, Patrick Mahomes, and Justin Timberlake. Watching Charles Barkley swing a golf club will keep you giggling for weeks. He’s in the basketball Hall of Fame, but is a duck out of water on the golf course. There’s a lot of walking, but if you’re up for that, it’s a new experience that you’ll very much enjoy. Maybe not every day. But at least one.”

“So we’re going?”

“I think so. And please don’t re-file my flyers. This one was in the “PI” stack for a reason.” She won’t remember all of my reasons why I want to go (or even what make the offers at the ROW so interesting), but hopefully she remembers not to re-file my flyers.

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WSOP Player of the Week: Josh Arieh Makes Poker Hall of Fame Case

WSOP Player of the Week: Josh Arieh Makes Poker Hall of Fame Case



This week’s recipient of the 2023 World Series of Poker (WSOP) Player of the Week goes to five-time bracelet winner Josh Arieh, who now has quite the intriguing Poker Hall of Fame case.

The long-time poker player who memorably finished third in the 2004 Main Event won a bracelet and cashed four times over the past seven days. In doing so, he entered the WSOP Player of the Year race, an award he won two years ago.

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As of June 12, the Atlanta area resident has 1,309 POY points, putting him in sixth place. Everyone is chasing Chad Eveslage and his 2,168 points.* The current leader has multiple bracelets this summer, both in dealer’s choice events, and a third cash.

*According to Kevin Mathers (aka “kevmath”), the current POY standings haven’t been updated. As such, we are using the posted results as of 6/12.

One for the Thumb

josh arieh wsop poker
Josh Arieh

Arieh, who runs PokerStake.com, which was previously the PocketFives poker media outlet, proved last year that his 2021 heater was no fluke. At the 2022 World Series of Poker, he cashed in 10 events and reached three final tables.

This year, he’s again already one of the top performers at the WSOP, especially over the past week. During the past seven days, he racked up four cashes, the most notable one being his fifth bracelet win in Event #22: $10,000 Limit Hold’em Championship for $316,226.

Arieh beat out a tough final table in that event, which included Nick Schulman and Joe McKeehen.

Other players who performed at a high level the past week at the WSOP include Isaac Haxton (won his first bracelet), Brian Yoon (won his fifth bracelet), and Jim Collopy (won his third bracelet).

Poker Hall of Fame Candidacy

Last week, the WSOP opened fan voting for the 2023 Poker Hall of Fame class. Only one member is inducted each year and there’s some stiff competition.

Common names that have already popped up as top candidates include Matt Savage, Brian Rast, Isai Scheinberg, Kathy Liebert, and Mike Matusow. Most of those individuals have been in contention for the past few years or longer.

With Arieh reaching the five-bracelet milestone, there’s now a case to be made to add his name to the list when you also factor in he’s a WSOP Player of the Year winner and has over $11.2 million in live tournament cashes, according to Hendon Mob. He’s won at the high-stakes level — two of his bracelets are in $10,000 buy-in events — a prerequisite for Hall of Fame consideration, and he’s stood the test of time.

Arieh could also benefit from recency bias given that he just won a bracelet and the others on that list have yet to do so this year. That said, all of the available options are deserving of consideration, including Arieh.





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MGM’s Las Vegas Casinos Target Young, Social Media-Using Audience With New Selfie, Video Policy

MGM Grand Las Vegas


MGM Resorts International’s increasingly forward-looking marketing strategy has resulted in it taking another run at getting a lucrative, young, and digitally active target audience into its Las Vegas casinos.

According to the Las Vegas Review Journal, the Paradise, Nevada-based hospitality and entertainment giant has rolled out a new policy that allows guests to take selfies and videos of themselves “playing slot machines, table games and poker for personal use” in its Vegas casinos.

MGM’s new policy permits guests to do so at its nine Vegas properties, namely Aria, Bellagio, Excalibur, Luxor, Mandalay Bay, MGM Grand, New York-New York, Park MGM, and The Cosmopolitan of Las Vegas.

MGM is targeting “those who are seemingly inseparable from their phones and social media”

On Sunday, the LVRJ stated MGM is targeting “those who are seemingly inseparable from their phones and social media,” and follows last month’s launch of its policy allowing content creators to stream gameplay in Nevada provided they have prior approval. Should the new video and selfie policy prove a hit, MGM may introduce it across its casinos in other cities.

For selfie-takers heading for MGM’s Vegas casinos, the LVRJ listed a litany of dos and don’ts issued by an MGM representative. Guests can use their devices to film short clips of slot play that are for their own personal use. Longer videos and livestreaming, the latter never allowed in poker rooms, however, need pre-approval from MGM.

The policy also calls on its potential new casino guests to be mindful of others, not to disrupt guests or casino business when filming, and to leave the tripod, halo, and other fancy camera gear at home.

The post MGM’s Las Vegas Casinos Target Young, Social Media-Using Audience With New Selfie, Video Policy appeared first on VegasSlotsOnline News.

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