The World Poker Tour released a press statement today explaining that they will no longer be hosting a series of tournaments at the Borgata in January 2009, during the seventh season of the WPT. There was no official reason as to why they are canceling the tournaments, but it can be assumed that it is because the Aussie Millions is running during on the same date.

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Daniel Negreanu has won the 2008 British Columbia Open Poker Championship Main Event. 690 entrants bought in for the $2,500, which created a prize pool of over $300,000. There were many professional players in attendance with the likes of Gabe Kaplan, Steve Ambrose, Liz Lieu, Brad Booth and many more.

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High Stakes Poker is returning for its fifth season and will be filmed at the Golden Nugget Casino in Las Vegas from December 19th to the 21st. The poker show will feature a mandatory $200,000 buy-in and will follow their previous blind structure and player seating.

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Rumors have been flourishing regarding the possibility of Microgaming leaving the USA market entirely. The rumors developed after Microgaming started I.P blocking the thirteen states that they previously did not allow to play on their software, which was a rule the network did not enforce.

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It has been announced by the World Poker Tour that Full Tilt will have full sponsorship rights of their upcoming seventh season. Season seven will host 26 brand new episodes that will air on the Fox Sports Net network. This is WPT’s first positive news they have released in quite some time.

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The final installment of Staypuff reports, and this one crowned a champion who is Peter Eastgate! He now holds the record of the youngest player in poker history to win the World Series of Poker Main Event, which was previously held by the great Phil Hellmuth.

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After last report we left off with Peter Eastage retaking a small chip lead over his new arch nemesis Ivan Demidov. The match has been back and forth so far and the two of them have gold in their sights and their eye on the $9 million plus first place prize.

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The Penn & Teller theatre is completely packed at the Rio casino in Las Vegas, and Staypuff has written us a nice little report about the events and play of the final two players, Peter Eastgate and Ivan Demidov. The crowd not only includes Staypuff, but other big names including Barry Greenstein, Daniel Negreanu, Jamie Gold, CHris Ferguson and many more players. Please read article for play by play of the heads up action.

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Staypuff is reporting that the final two players that are remaining are Ivan Demidov and Peter Eastgate with respectively 79,500,000 and 57,725,00 in chips. Please read the report by clicking the link to see how the two players ended up being on top. Ivan and Peter will resume playing at 10:00 PM Las Vegas time and Staypuff will be their to cover it.

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At the end of this report it will leave us with four players with Ivan Demidov and Peter Eastgate as the chip leaders. The tournament will be played down to two and those players will continue playing at 10pm Las Vegas time. Staypuff is stil at the Penn & Teller theatre in the Rio casino taking in and reporting all the action.

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