Venetian CEO Poker Tournament Main Event Furor

[doublejoker]

If i read this right they collected $225,000 PLUS juice and paid out $155,200. Where is the other $70,000?

[Kevmath]

The first CEO Poker Tour series of tournaments was held over at the Palms in October. They did three $1500+300 tournaments with the same issue of the prize pool appearing to be shorted. The first tournament (with links to the other 3) can be found here.

[doublejoker]

I just checked one of the $1,000 tourneys fron Venetian; in this case they charged a staggering amount of juice as well. They collected $1,075 x 174 players ($187,050) and paid out $158,339.


EVENT: No-Limit Hold'em Event 7
BUY-IN $1,000
TOTAL PRIZE POOL $158,339
ENTRIES 174

1Bryan Watkins$49,085408
2Mike Leah$28,818340
3Aaron Krebs$17,417272
4Mohammad Hamid$14,251204
5Giovanni Rigolli$9,500170
6Charles Denton$7,917136
7Darcy McLeod$6,334102

[doublejoker]

[ QUOTE ]
The first CEO Poker Tour series of tournaments was held over at the Palms in October. They did three $1500+300 tournaments with the same issue of the prize pool appearing to be shorted. The first tournament (with links to the other 3) can be found here.

[/ QUOTE ]

wow in that one they collected $55,800 and paid out just over $40,000? this is insane? Why has this not come to light sooner?

CEO Poker Tournament
Event #1 - No Limit Hold'em
October 23, 2006
Palms
Tournament Schedule
Buy-In $1,500 + $300
Prize Pool $40,105
Entries 31

[Crane]

This whole fiasco reminds me of the old Oleans tournaments, where the tournament director was skimming money off of the re-buy tournaments to feed his video poker habit.

He was getting away with it no problem, when one day someone counted up the prize money and noticed the discrepancy.

He was canned as soon as they figured it out. I don't know if anything else happened to him, and I haven't heard from him since. I can't remember his name either.

Maybe someone out there remembers this.

[pineapple888]

[ QUOTE ]
Maria:

You are obviously a born scammer. Your best move in this situation, which I'm sure you realize and intend, is to disappear, taking as much money as you can with you.

[/ QUOTE ]

FYP

[Steve Brecher]

[ QUOTE ]
...At the WSOP ME it is $9700 + $300....

[/ QUOTE ]The WSOP ME is $9400+600, with no additional withholding for staff.

[Dynasty]

With more information about other CEO tournaments, I now think somebody who actually played in one of these events should contact the Nevada Gaming Commission.

[stephenNUTS]

[ QUOTE ]
With more information about other CEO tournaments, I now think somebody who actually played in one of these events should contact the Nevada Gaming Commission.

[/ QUOTE ]

Are there any other 2+2'ers that played in the A/C or Venetian CEO Events,as I will start the process,and as you know ,there is power in #'s!

FWIW Maria sent me a text today on AIM(obviously after she read my posts),with a ........."are you there to talk,Stephen"?
I didnt reply,as I think its abit too late Maria!

~stephen feraca

[doublejoker]

Steven did you see the other events where they have pulled the same thing. This has happened over THREE different sets of events with the numbers posted here at two plus two. I cant believe the amount the prizepool was off at the Taj Mahal. Then it is discovered the same thing happened again at the Palms and now the Venetiaan. This is not an isolated incident.