Hedge Fund Tycoon Talal Shakerchi Loses £850,000 in Poker

Submitted by Ace King on

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Ace King

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A London tycoon, Talal Shakerchi, has lost more than £850,000 in a poker game held over the past weekend.

The 49-year-old head of hedge fund, Meditor, staked 500,000 euros (£424,112) along with five other players for an unofficial game at the European Poker Tour in Monaco this past weekend.

From The Sun:

Guests were said to be unaware that Shakerchi, another British amateur and four of the world's top poker players were playing for pots of one million euros (£848,225) at a time.

One Twitter user, who was live-tweeting the event, said: “Talal seems very unlucky and running very bad – can’t seem to win a hand. Again lost a small pot to Heinecker just now.”

- Ace King, Gambling911.com

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