Oil company CEO Schoonover wins 2020 WSOP Circuit Choctaw Main Event

The Choctaw Casino in Durant, Oklahoma is currently playing host to the World Series of Poker Circuit, with the Main Event just finishing up. A total of 1,065 entries were seen, with a prize pool of just over $1.6 million created. The event had a $1,700 buy-in and it was the President and CEO of Schoonover Oil, Dustin Schoonover, who claimed the first place prize.

Schoonover visited the casino to play in the cash games but decided to take part in the tournament series instead. He started late in the event and ended up earning the title and the ring.

Details of the Tournament:

When the final day began, a total of 18 players took to the felt. Several top players were in the mix, including Maurice Hawkins, who ended the day in 10^th. Hawkins just recently won his 14^th WSOPC ring and was hoping to add to his collection.

According to Cardplayer…

When the event whittled down to the final two, it was Schoonover and John Skrovan going head to head. Skrovan held the chip lead at around 3.5 to 1. However, after doubling up quickly, Schoonover would inch his way to eventually taking over the lead.

By the time he held a 5 to 1 lead, the final hand would go down. Skrovan would raise with 5-3 off-suit and Schoonover would call holding Q-J off-suit. The flop fell Q-J-4 and Schoonover would check his top pair. Skrovan would shove and Schoonover would reply with a shove of his own.

The 7 of spades on the turn gave Skorvan hope but the K of hearts on the river gave the hand to Schoonover as well as the poker tournament win.

Final Table Results:

Place	Player	Prize
First	Dustin Schoonover	$272,846
Second	John Skrovan	$168,642
Third	Brant Jolly	$126,988
Fourth	Matt Newcombe	$96,485
Fifth	Christopher Staats	$73,976
Sixth	Allen Brivic	$57, 239
Seventh	Montana Bills	$44,699
Eighth	Austin Lewis	$35,233
Ninth	Trung Pham	$28,034

The WSOPC stop will continue at the Choctaw Casino in Durant through the 21st as additional events play out.

Racing Australia initiating new sportsbetting regulations

In Australia, the regulator behind the nation’s thoroughbred horseracing industry will reportedly implement new rules from next month that have been designed to further deter its members from placing wagers with illegal offshore sportsbetting operators.

Mobiles and computers may be seized:

According to a Sunday report from The Sydney Morning Herald newspaper, the fresh regulations are due to come into force from August 1 and give Racing Australia the ability to seize the mobile telephones and computers of any member its suspects of lodging bets with unlicensed firms.

The newspaper reported that the new rules are to cover anyone that is subject to Racing Australia’s policies such as horse owners and trainers and will moreover encompass a system of stiff financial penalties.

Chief Executive Officer for Racing Australia, Barry O’Farell, to The Sydney Morning Herald…

“This is simply about prohibiting participants betting with non-approved offshore wagering operators because it’s a significant risk for the industry. The stewards have no visibility as to who is betting with them and therefore have no powers to acquire the production of a customer’s betting records. That obviously limits the ability of the racing integrity agencies to inquire and investigate relating to those matters.”

Lost race-field fees continue to mount:

The newspaper reported that a 2015 review into offshore wagering conducted by Racing Australia estimated that unlicensed bookmakers annually cost the nation’s horseracing industry around $295 million via lost race-field fees. The report additionally projected that this amount could grow to as high as $664 million by 2020 as punters are continually lured to offshore sites promising anonymity and better odds.

Regulator left red-faced:

However, the newspaper reported that Racing Australia was itself embarrassed in early-2016 after it emerged that the Norfolk Island Gaming Authority, which had been under its jurisdiction, had granted a sportsbetting license to BetHQ even though the operation had links with prominent illegal bookmaker Citibet.

New regulations welcomed:

The new rules have reportedly been welcomed by local regulator, Racing New South Wales, as well as the body that represents the Australian online wagering sector, Racing Wagering Australia. The latter’s Executive Director, Stephen Conroy, declared that unlicensed sites ‘continue to actively target and undermine Australian racing every day’ before describing the updated policy as ‘a positive development for the racing industry.’