Elton Tsang: Difference between revisions
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'''Elton Tsang Ka-wai''' (born 1980) is a [[Chinese Canadian]] [[poker]] player currently residing in [[Hong Kong]].<ref name="wsop_WSOP">{{Cite web| title = WSOP NEWS: ELTON TSANG WINS 2016 BIG ONE FOR ONE DROP| author = Kirschen, Robert| work = WSOP.com| date = 16 October 2016| accessdate = 2017-05-05| url = http://www.wsop.com/news/2016/Oct/7950/ELTON-TSANG-WINS-2016-BIG-ONE-FOR-ONE-DROP.html}}</ref> He is an entrepreneur with investments in IT, travel agencies, and internet firms. <ref>{{Cite news|url=https://www.highstakesdb.com/7302-elton-tsang-wins-1m-one-drop-for-122m.aspx|title=Elton Tsang Wins €1m One Drop for $12.2m|work=HighstakesDB|access-date=2017-09-25}}</ref> |
'''Elton Tsang Ka-wai''' (born 1980) is a [[Chinese Canadian]] [[poker]] player currently residing in [[Hong Kong]].<ref name="wsop_WSOP">{{Cite web| title = WSOP NEWS: ELTON TSANG WINS 2016 BIG ONE FOR ONE DROP| author = Kirschen, Robert| work = WSOP.com| date = 16 October 2016| accessdate = 2017-05-05| url = http://www.wsop.com/news/2016/Oct/7950/ELTON-TSANG-WINS-2016-BIG-ONE-FOR-ONE-DROP.html}}</ref> He is an entrepreneur with investments in IT, travel agencies, and internet firms. <ref>{{Cite news|url=https://www.highstakesdb.com/7302-elton-tsang-wins-1m-one-drop-for-122m.aspx|title=Elton Tsang Wins €1m One Drop for $12.2m|work=HighstakesDB|access-date=2017-09-25}}</ref> |
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Between November 2009 and March 2010, Elton Tsang, Jonathan Shen, and Sebastian Chau Yeen opened a poker house "Blue Room" in Hong Kong. The local police raided the premises as part of an anti-gambling operation, and the three have pleaded not guilty to running an illegal gambling establishment. <ref>{{Cite web|title = Trio tried for running poker house| author = Staff Reporter| work = scmp.com|date = 19 November 2010|accessdate = 2017-09-27|url=http://www.scmp.com/article/730871/trio-tried-running-poker-house}}</ref> Both Johnathan Shen and Elton Tsang were each fined HK$30,000 and received four-month prison sentences, [[Suspended sentence|suspended]] for two years. <ref>{{Cite news|url=http://www.scmp.com/article/733699/pair-sentenced-first-texas-holdem-case|title=Pair sentenced in first Texas Hold'em case|work=South China Morning Post|access-date=2017-09-29|language=en}}</ref> |
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During an interview in August 2017, Elton said the sentencing was "one of the things [he] sacrificed for poker" <ref name=":0">{{Cite news|url=https://calvinayre.com/2017/08/14/poker/winning-losing-millions-playing-poker-elton-tsang-part-1/|title=Winning and losing millions playing poker with Elton Tsang (part 1)|date=2017-08-14|work=CalvinAyre.com|access-date=2017-09-29|language=en-US}}</ref>. He said the poker house was charging HKD$250 per member with no [[Rake (poker)|rake]], and he is "just trying to create a community" <ref name=":0" />. He also said the criminal record has affected him in a broader sense and it was "a stupid deal to have a criminal record over"<ref name=":0" />. He moved to Macau after the legal case in Hong Kong. <ref name=":0" /> |
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==Poker== |
==Poker== |
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Tsang's first live tournament cash was in 2006 where he finished 4th in the $2,500 No Limit Hold'em event at the PanAsia Poker Tour. |
Tsang's first live tournament cash was in 2006 where he finished 4th in the $2,500 No Limit Hold'em event at the PanAsia Poker Tour. |
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== Connections to the underground == |
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Tsang is a very controversial persona known for being a close friend to Richard Yong and Paul Phua who were arrested in the USA for illegal sport betting <ref>{{Cite web|url=https://calvinayre.com/2017/08/15/poker/winning-losing-millions-playing-poker-elton-tsang-part-2/|title=Winning and losing millions playing poker with Elton Tsang (part 2)|author=Davy, Lee|date=15 August 2017|work=calvinayre.com|accessdate=2017-09-27}}</ref> <ref>{{Cite web|url=http://www.espn.com/chalk/story/_/id/14095257/how-world-biggest-bookie-paul-phua-was-snared-fbi-last-year-world-series-poker-walked-away-free-man|title=How the world's biggest bookie was snared at last year's WSOP and walked a free man|author=Forrest, Brett|date=12 December 2015|work=espn.com|accessdate=2017-09-27}}</ref> <ref>{{Cite web|url=https://calvinayre.com/2014/08/01/business/richard-yong-and-son-make-bail-sports-betting-charges/|title=Richard Yong and son make bail on sports betting charges after poker pals rally|author=Stradbrooke, Steven|date=1 August 2014|work=calvinayre.com|accessdate=2017-09-27}}</ref> and later have been freed on bail. According to several reports <ref>{{Cite web|url=http://www.espn.com/chalk/story/_/id/14095257/how-world-biggest-bookie-paul-phua-was-snared-fbi-last-year-world-series-poker-walked-away-free-man|title=How the world's biggest bookie was snared at last year's WSOP and walked a free man|author=Forrest, Brett|date=12 December 2015|work=espn.com|accessdate=2017-09-27}}</ref> it emerged that the $2.5 million bail was paid by [[Phil Ivey]] <ref>{{Cite web|url=https://calvinayre.com/2014/08/01/business/richard-yong-and-son-make-bail-sports-betting-charges/|title=Richard Yong and son make bail on sports betting charges after poker pals rally|author=Stradbrooke, Steven|date=1 August 2014|work=calvinayre.com|accessdate=2017-09-27}}</ref> alongside other high-roller poker pro [[Andrew Robl]].During this time Another poker star, Tom Dwan also helped one of Phua’s friends with a place to stay during the trial, because it has been reported he relies on Phua’s funding. <ref>{{Cite web|url=https://www.pokertube.com/article/who-stakes-tom-dwan|title=Who Stakes Tom Dwan?|author=Burnett, Andrew|work=pokertube.com|accessdate=2017-09-27}}</ref> Phua and Yong were also both accused of being behind the ‘disappearing’ of Tom Dwan, because he allegedly owed them a lot of money.<ref>{{Cite web|url=https://www.pokernews.com/news/2016/03/paul-phua-tells-all-24367.htm|title=Paul Phua Tells All: "I Am Not What the Media Alleges Me To Be"|author=Derbyshire, Marty|date=24 March 2016|work=pokernews.com|accessdate=2017-09-27}}</ref> Yong and Phua have long been linked to the infamous China's brutal mafia [[14K Triad]]'s syndicate <ref>{{Cite web|url=http://www.businessinsider.com/alleged-triad-members-in-world-cup-snare-2014-12?r=US&IR=T&IR=T|title=A World Cup Gambling Sting Snared Alleged Chinese Mafia Dons In Las Vegas|author=Lopez, Linette|date=8 December 2014|work=bisunessinsider.com|accessdate=2017-09-27}}</ref>, which enforce the unpaid debts that the high-stakes gambling world inevitably accrues. |
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== References == |
== References == |
Revision as of 18:34, 17 November 2017
Elton Tsang | |
---|---|
Residence | Hong Kong |
Born | Elton Tsang Ka-wai 1980 (age 43–44) |
World Series of Poker | |
Money finish(es) | 1 |
European Poker Tour | |
Money finish(es) | 1 |
Elton Tsang Ka-wai (born 1980) is a Chinese Canadian poker player currently residing in Hong Kong.[1] He is an entrepreneur with investments in IT, travel agencies, and internet firms. [2]
Between November 2009 and March 2010, Elton Tsang, Jonathan Shen, and Sebastian Chau Yeen opened a poker house "Blue Room" in Hong Kong. The local police raided the premises as part of an anti-gambling operation, and the three have pleaded not guilty to running an illegal gambling establishment. [3] Both Johnathan Shen and Elton Tsang were each fined HK$30,000 and received four-month prison sentences, suspended for two years. [4]
During an interview in August 2017, Elton said the sentencing was "one of the things [he] sacrificed for poker" [5]. He said the poker house was charging HKD$250 per member with no rake, and he is "just trying to create a community" [5]. He also said the criminal record has affected him in a broader sense and it was "a stupid deal to have a criminal record over"[5]. He moved to Macau after the legal case in Hong Kong. [5]
Poker
Tsang's first live tournament cash was in 2006 where he finished 4th in the $2,500 No Limit Hold'em event at the PanAsia Poker Tour.
In April 2010, Tsang was the champion of the Asian Poker King Tournament winning his first tournament and earning HK$553,600 (USD $71,307) in the process.[6]
In October 2016, Tsang was invited by Guy Laliberté, the founder of Cirque du Soleil, to participate in the $1,000,000 Monte-Carlo One Drop Extravaganza, an exclusive poker tournament. He defeated 25 other players to win the tournament and received a $12,248,912 payout for first, the third largest single payout in poker history.[7][8] Tsang was coached by professional poker player, Mustapha Kanit.[9]
As of 2017 Tsang's live tournament winnings exceed $12,700,000.
Tournament results
Year | Tournament | Prize (US$) |
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2016 | €1,000,000 No Limit Hold'em Monte-Carlo One Drop Extravaganza | $12,248,912 |
Connections to the underground
Tsang is a very controversial persona known for being a close friend to Richard Yong and Paul Phua who were arrested in the USA for illegal sport betting [10] [11] [12] and later have been freed on bail. According to several reports [13] it emerged that the $2.5 million bail was paid by Phil Ivey [14] alongside other high-roller poker pro Andrew Robl.During this time Another poker star, Tom Dwan also helped one of Phua’s friends with a place to stay during the trial, because it has been reported he relies on Phua’s funding. [15] Phua and Yong were also both accused of being behind the ‘disappearing’ of Tom Dwan, because he allegedly owed them a lot of money.[16] Yong and Phua have long been linked to the infamous China's brutal mafia 14K Triad's syndicate [17], which enforce the unpaid debts that the high-stakes gambling world inevitably accrues.
References
- ^ Kirschen, Robert (16 October 2016). "WSOP NEWS: ELTON TSANG WINS 2016 BIG ONE FOR ONE DROP". WSOP.com. Retrieved 2017-05-05.
- ^ "Elton Tsang Wins €1m One Drop for $12.2m". HighstakesDB. Retrieved 2017-09-25.
- ^ Staff Reporter (19 November 2010). "Trio tried for running poker house". scmp.com. Retrieved 2017-09-27.
- ^ "Pair sentenced in first Texas Hold'em case". South China Morning Post. Retrieved 2017-09-29.
- ^ a b c d "Winning and losing millions playing poker with Elton Tsang (part 1)". CalvinAyre.com. 2017-08-14. Retrieved 2017-09-29.
- ^ "Elton Tsang Wins the Asian Poker King Tournament". Asian Poker Tour. 2010-04-27. Retrieved 2017-05-05.
- ^ Fast, Erik (2016-10-16). "Elton Tsang Wins €1 Million Big One Invitational For €11,111,111". CardPlayer.com. Retrieved 2017-05-05.
- ^ Wright, Nick (2016-10-16). "Elton Tsang Wins the Big One For One Drop Extravaganza for €11,111,111!". PokerNews. Retrieved 2017-05-05.
- ^ Op de Woerd, Frank (2016-10-19). "Elton Tsang and Mustapha Kanit Reflect on €11,111,111-One Drop Extravaganza Win". PokerNews. Retrieved 2017-05-05.
- ^ Davy, Lee (15 August 2017). "Winning and losing millions playing poker with Elton Tsang (part 2)". calvinayre.com. Retrieved 2017-09-27.
- ^ Forrest, Brett (12 December 2015). "How the world's biggest bookie was snared at last year's WSOP and walked a free man". espn.com. Retrieved 2017-09-27.
- ^ Stradbrooke, Steven (1 August 2014). "Richard Yong and son make bail on sports betting charges after poker pals rally". calvinayre.com. Retrieved 2017-09-27.
- ^ Forrest, Brett (12 December 2015). "How the world's biggest bookie was snared at last year's WSOP and walked a free man". espn.com. Retrieved 2017-09-27.
- ^ Stradbrooke, Steven (1 August 2014). "Richard Yong and son make bail on sports betting charges after poker pals rally". calvinayre.com. Retrieved 2017-09-27.
- ^ Burnett, Andrew. "Who Stakes Tom Dwan?". pokertube.com. Retrieved 2017-09-27.
- ^ Derbyshire, Marty (24 March 2016). "Paul Phua Tells All: "I Am Not What the Media Alleges Me To Be"". pokernews.com. Retrieved 2017-09-27.
- ^ Lopez, Linette (8 December 2014). "A World Cup Gambling Sting Snared Alleged Chinese Mafia Dons In Las Vegas". bisunessinsider.com. Retrieved 2017-09-27.