Phil Ivey is considered to be the best poker player by many people world wide, but despite his skills at the poker tables he can also run bad and when that happens he can lose about $787K just like how it happened this passed weekend.

Tom “durrrr” Dwan and Daniel “jungleman12″ Cates have started a new durrrr challenge in the past few hours, it looks like the same rules like in the previous challenge will apply but this challenge should not take more than a year to complete.

The always popular high stakes players Tom “durrrr” Dwan, Phil Ivey and Gus Hansen are experiencing downswings on their online games, the first two players are still up for the month of August for their profits have taken a few hits. Gus Hansen has dropped more than $2 million this month and things could get worse for him.

Some countries world wide have accepted the fact that they could benefit from online poker, taxes could be used to improve schools, hospitals or basically anything that needs more funding. Holland will be taking advantage of those taxes and putting them to good use very soon.

A total of 396 players registered for the IPT San Remo event and the Italians where very strong during the entire tournament. At the end Sergio Castelluccio outplayed his opponents to take home more than $250K for his efforts.

Cole South crushed his opponents during the weekend for a total profit of $171K. On the loosing side for the weekend where Gus Hansen with -$371K, Phil Ivey with -$269K and Ziigmund with -$111K.

A total of 186 players started day 1A at the Bicycle Casino and as the field started to get reduced some big names started to increase their chip leads, Tim Phan is among the top ten chip leaders and just a few positions down the list it’s McLean Karr and Barry Greenstein.

Prahlad Friedman will defend his title this year at the WPT Legends of Poker tournament, and only time will tell if he will be facing some of the November nine finalist just like he did last year.

One of the most successful poker players in the world, Daniel Negreanu has expressed his discontent with Annie Duke and he used some big words to get the point across.

Online Poker has been accepted by millions of people world wide and in order to reach more people poker rooms have developed no-download clients or clients specially designed for mac computers. It’s a blooming market segment that will benefit online poker in the years to come.