Top Gambling News: Poker Pro Kicked Out of WSOP, Latest Bracelet Winners

Submitted by Ace King on

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Ace King

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These are the top gambling news stories here at Gambling911.com for Wednesday afternoon June 12, 2013. Follow us on Twitter here.

*Poker Pro David Diaz Kicked Out of WSOP – World Series of Poker bracelet winner David Diaz tweeted yesterday:

"Looks like I'm kicked out of all harrahs property's right before dinner break with a 100bb fml no main event this year."

"Because I was so drunk and harassing ppl at carnival court the other night but I don't remember any of this fml"

Diaz later tweeted that he was refunded for his buy-in and admitted to “crying a little”. 

*Davidi Kitai Wins Event 19 at WSOP - Davidi Kitai won Event 19, a $5,000 Pot-Limit Hold'em event, at the 2013 World Series of Poker early Wednesday morning besting Cary Katz heads-up. The 33-year-old Belgium-based professional is best known for being one of just a handful of players to complete poker's Triple Crown by earning a WSOP gold bracelet as well as WPT and EPT titles.

1st: Davidi Kitai - $224,560

2nd: Cary Katz - $138,794

3rd: Vincent Bartello - $103,628

4th: Dimitar Danchev - $77,893

5th: Eugene Katchalov - $58,912

6th: Kristina Holt - $44,844

7th: Bertrand Grospellier - $34,341

8th: Dario Minieri - $26,468

9th: Chris Johnson - $20,520

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*Taylor Paur Wins WSOP Event 18 - This was Paur's third career WSOP final table and his first win.  He walks away with $340,260.

Here are the final table results of the $1,000 No Limit Hold’em Event 18:

1st: Taylor Paur - $340,260

2nd: Roy Weiss - $211,794

3rd: Tai Nguyen - $147,220

4th: Alexander Barlow - $106,027

5th: DJ MacKinnon - $77,491

6th: Phillip Hui - $57,324

7th: Daniel Idema - $42,962

8th: Ryan Austin - $32,608

9th: Kyle Cartwright - $25,041

*Pennsylvania Becomes National Leader in Gambling Planning - Since opening its first casino in 2006, Pennsylvania has become the second-highest-grossing casino state, behind only Nevada, according to the State of the States, an annual report by the American Gaming Association.

And no state has perfected the art of wringing tax dollars out of its casinos and gamblers like Pennsylvania, which collected $1.5 billion in casino taxes in 2012 — nearly double the amount collected by second-place Nevada.

*Spanish Gambling Firm Codere Piling Up Debt in Latin America - Regulatory setbacks in Mexico and Argentina and a recession that is shrinking its market at home have Codere SA CDR MC +3.18 percent  scrambling to restructure a growing debt burden. The Madrid-based company's debt payments due in June are superior to its €86.4 million ($114.6 million) valuation on the Spanish stock exchange, highlighting a credit crunch that is causing a sharp increase in corporate bankruptcies as banks become less willing to refinance old debts.

Last week, the company restated its 2012 results due to an accounting error, raising its net loss to €134 million from €104.7 million. Codere said the error was related to its 2007 acquisition of a 49% stake in Mexican racetrack operator ICELA.

Codere's shares have fallen 58% this year, making the company the fourth-worst performer on the Spanish stock exchange; the other three have filed for bankruptcy or been taken over by the government. (source: Wall Street Journal)

- Ace King, Gambling911.com 

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