A star forward in the National Hockey League filed for bankruptcy earlier this week and gambling debts were a contributor to his recent financial problems.
Evander Kane, who signed a seven-year $49 million contract in 2018, filed for Chapter 7 bankruptcy in a California court. The left winger for the San Jose Sharks cited $26.8 million worth of debt, according to the filing.
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The filing stated that in the last 12 months alone, the Canadian has lost $1.5 million gambling at various casinos. In November 2019, Kane was facing a lawsuit from the Cosmopolitan Las Vegas after the casino claimed that Kane owed $500,000 in unpaid gambling markers.
The lawsuit alleged that Kane took out eight markers between $20,000 and $100,000 around April 15. The Sharks were in Las Vegas around that date for games 3 and 4 of the first round of the Stanley Cup Playoffs against the Vegas Golden Knights.
The lawsuit was eventually dropped by the Strip casino in April 2020, but it is unknown if a settlement was made out of court. Clearly, Kane’s gambling didn’t stop there.
According to a report from The Athletic, Kane may opt out of the upcoming season due to health concerns surrounding the pandemic and the recent birth of his son, which “paints a grim picture for his creditors of his earnings this year.”
The filing lists nine lawsuits, court actions and other proceedings with lenders seeking repayment. The largest was with Centennial Bank, which sued Kane last week for $8.3 million. Despite his $7 million per year salary, Kane lists his monthly income as a -$91,131.13.
Live poker may be a struggle at the moment, but the regulated US online poker market continues to grow. That received a significant boost Wednesday with the announcement of a packed World Series of PokerOnline Circuit schedule.
The first Online Circuit Series kicks off Jan. 14 with a total of 13 events in 2021 on WSOP.com. The online festival will be available for players in Nevada and New Jersey.
2017 2018 Wsop Circuit Schedule
Some added good news for US online poker players? WSOP.com’s announcement hinted that a 13th series could be in a new market.
“An additional 13th online circuit event is earmarked pending launch of the WSOP.com service in a newly regulated market,” a news release announcing the circuit launch notes.
That location is likely Pennsylvania or Michigan. PA seems the most obvious as the platform has been approved in the Keystone State.
WSOP.com adds to US online poker offerings
Wsop Schedule 2018 Circuit Results
Players can expect an experience as close as possible to traditional live WSOP Circuit events. The schedule includes an online festival each month throughout 2021.
All tournament series will feature at least 12 official WSOP gold ring events. Four special “Super Circuit” series come with an expanded slate of 18 ring events. Super Circuits also include $1,000 and $2,000 high rollers and a $500 Pot Limit Omaha tournament.
Some series will be co-branded with official WSOPC host casinos, highlighting “cash at the cage” buy-in and cash out availability. These events also offer out-of-market players special promotional rates to stay onsite.
“Players deserve great tournaments and great value year-round, and that’s what we aim to do with the 2021 WSOP Online Circuit Series,” WSOP executive director Ty Stewart said in a news release. “We’ve been thrilled with the big prize pools for WSOP.com events in 2020, and we only expect to see that grow with this new model.”
What else can players expect from WSOP.com?
In total, WSOP Online Series events feature over $600,000 in added prize money across a variety of promotions. That includes leaderboard points awarded for every gold ring event.
Players can earn eligibility for freeroll tournaments and other incentives. The entire schedule culminates with the WSOP Online Circuit Championship. This signature tournament comes with some extra incentive – an official WSOP gold bracelet.
The year-end Circuit Championship is capped at 256 players competing for a $250,000 prize pool. Players can qualify by winning a:
- gold ring event during the 2021 season.
- $10,000 Player of the Month leaderboard.
- Second Chance Fast Forward.
Those who finish among the top 50 players on the cumulative circuit leaderboard also earn an entry. Here’s a look at the complete schedule:
| Event | Dates | Championship rings | $25,000 freeroll date |
|---|---|---|---|
| Winter Online Super Circuit | Jan. 14-31 | 18 | Feb. 2 |
| Planet Hollywood Circuit | Feb. 17-28 | 12 | March 2 |
| Silver Legacy Circuit | March 19-30 | 12 | April 1 |
| Spring Online Super Circuit | April 10-27 | 18 | April 29 |
| Caesars Atlantic City Super Circuit | May 8-25 | 12 | May 27 |
| Summer Online Super Circuit | June 10-27 | 18 | June 29 |
| Bally’s Online Circuit | July 16-27 | 12 | July 29 |
| Rio Online Circuit | Aug. 20-31 | 12 | Sept. 2 |
| Caesars Las Vegas Online Circuit | Sept. 15-26 | 12 | Sept. 28 |
| Fall Online Super Circuit | Oct. 9-26 | 18 | Oct. 28 |
| Paris Las Vegas Online Circuit | Nov. 10-21 | 12 | Nov. 23 |
| Harrah’s Las Vegas Online Circuit | Dec. 8-19 | 12 | Dec. 21 |
| $250,000 Year End Championship | Dec. 28 | * Gold bracelet event | NA |
WSOP.com adds $25,000 monthly freeroll, monthly Second Chance Fast Forward
Players getting in the WSOP Online Circuit action have plenty of extras to look forward to. Each series features a $25,000 freeroll for top performers. This tournament comes with exclusive eligibility only to those who:
- Win a gold ring event during that series.
- Finish among the top 10 on the leaderboard in the tournament festival.
Additionally, players receive a Second Chance Freeroll for participating in at least four tournaments in each series. The winner-take-all event rewards a seat into the year-end WSOP Online Circuit Series Championship.
$10,000 added for Circuit Player of the Month
WSOP.com has added even more for 2021. The WSOP Circuit Series leaderboard will reward the top 10 players with a share of $10,000 in tournament tickets. Players earn points by participating in WSOP gold ring events each month.
These players also receive entry into a $25,000 monthly freeroll. The leaderboard’s first-place finisher also wins a seat into the $250,000 WSOP Online Circuit Championship.
The new year looks to be bringing plenty of action for WSOP.com online poker players.
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