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Poker News | The Inside Shuffle

The Inside Shuffle - $50K Players Championship Begins; The Z Lost his Rocks; and Einhorn is in at One Drop

Steve Zolotow
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See who has put up $50,000 to play in the World Series of Poker’s $50,000 Players Championship and read how the Canadian government put a bad beat on professional poker player Steve Zolotow and legally stole his stash of diamonds. Find out who the latest Big One for One Drop millionaire participant is and join in our curiosity to see if the WSOP entrants list will be updated before the tournament starts, and more…

The Stars are out for the $50,000 Players Championship Event

The $50,000 Players Championship is underway at the World Series of Poker – and the who’s who of poker have shown up in force. We popped in Sunday evening to find top chip stacks belonged to Michael Mizrachi, Andy Bloch, John Esposito, Andrew Brown, Abe Mosseri, Minh Ly, David Benyamine, Matt Glantz, John Monnette and Jeff Lisandro.

Other famous faces who could afford the nose-bleed buy-in are Allen Bari, Viktor Blom, Mike Wattel, Chris Klodnicki, Jon Turner, David Grey, Patrik Antonius, Scott Clements, Nick Schulman, Hasan Habib, Chad Brown, father and son Doyle and Todd Brunson, Shaun Deeb, Phil Ivey, and Mike Matusow but that is just a small sampling of the star power in the mix.

David Singer ended his run early when he went to war with Bruno Fitoussi leaving 102 of the 103 that registered but registration is open until Day 2 begins and late in the evening another player registered. There are now 103 vying for a piece of history with Singer being the only casualty when Day 1 ended.

Tune into PokerNews Live Reporting for the play-by-play action.

How to Steal a Million or How Steve Z Lost his Rocks

Steve Zolotow is a self described professional gambler from Las Vegas. He started his gambling career in New York as a member of the prestigious Mayfair Club. The club was famous for having the best poker games during the 80s, and for turning out some of the best poker pros in the world including Stu Ungar, Dan Harrington, Erik Seidel and Howard Lederer.

Even if you have never heard of him, Zolotow is no wanna-be degen gambler; he has tournament career earnings of over $2.1 million and is the owner of two WSOP gold bracelets. In 1993 Steve was doing well and decided to invest in diamonds, which he stashed in a safe-deposit box in a bank in Toronto, Canada. In 2000, Steve went to retrieve his diamonds, taking a two-hour turn around flight from New York. But when he went through customs to head back to the USA, the Canadians seized his diamonds (which he had in his pocket) for being ‘undeclared.’

Steve has been fighting for 12 long years to get his diamonds back. But this week it looks like Steve went all-in and lost, and the Canadians got away with legally stealing his 20 uncut diamonds worth close to a million dollars. Talk about a bad beat…Read the full story at National Post News.

David Einhorn Playing the Big One for One Drop

David Einhorn, the co-founder of Greenlight Capital Inc., made news this week when he was the latest millionaire to enter the WSOP $1 million buy-in Big One for One Drop charity tournament. And to make sure it is truly a charitable event, Einhorn is donating any profits he makes to City Year.

The winner of the biggest tournament in poker history will walk away with at least $16.4 million, which would top current record holder Jamie Gold’s $12 million Main Event win in 2006.

If the 43 year old hedge fund guru wins, it will be his fourth tournament cash since 2004 when he made the money in the New England Poker Classic in Mashantucket. In 2006, David finished 18th in the Main Event at the WSOP, and in 2008, he won the $2,800 No Limit Hold'em at the World Poker Finals.

Read more at SFGate.

Bally’s and IGT Get Licensed

The Nevada Gaming Commission (NGC) convened last week to meet separately with slot machine developers Bally Technologies and International Game Technology (IGT). At stake were the first licenses to be awarded in Nevada’s newly regulated interstate online poker market.

They were approved, and the two rivals became the first companies to receive online gaming licenses to act as service providers for Internet poker operators. Read more at

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