High Stakes Poker in Macau Sees $6.5 Million USD Prize for Stanley Choi

Published Saturday, September 01, 2012 - Online-Casinos.com

Macau is one place where gambling is on the rise and its reputation for a place to make significant bets is growing as well.

The recent Asian Poker Tour Poker Ace presented by the Neptune Group as the Macau High Stakes Challenge has taken the lead in its inaugural year as an event to participate in for the glory and the money. The $258,000 USD buy-in saw 73 players and 21 re-buys enter the games at the Galaxy StarWorld’s Poker King Club. A prize pool of $23.5 million USD was in the offing and twelve poker players wound up with significant cash. The first prize of an incredible $6.465 million USD was taken home by Stanley Choi. The win came after just one hand of heads-up play with contender and second place winner Zhu Guan Fei who went to the bank with $4.35 million USD.

The high roller event attracted familiar poker names such as Johnny Chan, Joe Hachem, Phil Ivey, John Juanda, JP Kelly, Ben Lamb, Brian Rast, Erik Seidel, Sam Trickett and the Manila Millions champion Allan Le and its runner-up Devan Tang. The one day event went quickly with the tournament going down to an eight-handed final table very fast. Ivey, Juanda, Trickett, Lap Kay Chan, Nicholas Wong, Choi, Tang Zheng and Zhu Guan Fei all took home significant amounts of cash. Even Wong who managed third place banked $3.29 million USD for his efforts.

OneWorks business development director Tom Hall said to Poker Ace tv there’s “definitely a demand” for this kind of event in Asia. Hall continued, “Gambling in Asia is very much more a fight against the casino,” so the opportunity to compete against other players, with a higher likelihood of success, has a lot of appeal. “The typical baccarat player … they like the odds!” It is expected that more high roller tournaments like this one will continue to attract a sizable number of players.

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