Einhorn Is Ousted From Poker Series Along With Defending Champion Duhamel
Greenlight Capital's David Einhorn
Jonathan Fickies/Bloomberg
David Einhorn, president of Greenlight Capital Inc., smiles during a Bloomberg television interview in New York.
David Einhorn, president of Greenlight Capital Inc., smiles during a Bloomberg television interview in New York. Photographer: Jonathan Fickies/Bloomberg
David Einhorn, the hedge-fund manager who agreed in May to buy 33 percent of the New York Mets, was eliminated from the World Series of Poker’s main event.
Jonathan Duhamel, the defending champion of the $10,000 buy-in tournament, officially known as the No-Limit Hold’em World Championship, also exited during Day 2 play in Las Vegas, as did the Boston Celtics’ Paul Pierce.
Einhorn, the president of Greenlight Capital Inc. who finished 18th in the main event in 2006, entered play yesterday with 94,400 in chips, more than twice the average stack among the 4,521 entrants who were left.
He joined about 1,200 players in failing to advance to Day 3. More than 800 survived, including former champions Jamie Gold and Robert Varkonyi.
Past champions who were eliminated included Johnny Chan, Scotty Nguyen, Dan Harrington and Duhamel, who won $8.9 million with his main-event victory last year.
The leader, with 478,600 in chips, is Aleksander Mozhnyakov of Russia.
Pierce, the nine-time All-Star for the Celtics, saw his pair of twos topped by a pair of jacks to end his tournament at the Rio All Suite Hotel & Casino, according to the World Series of Poker website.
The half of the field not in Day 2 action yesterday --2,490 players -- will compete today before a rest day for all remaining contestants tomorrow. The tournament is scheduled to play down to nine by July 19. Those players will compete at the final table on Nov. 7 to crown a champion.
Einhorn agreed to buy a stake in the Mets for $200 million from the club owners, who are trying to pay off debt and resolve a $1 billion suit by the trustee representing people who lost money in the Ponzi scheme run by Bernard L. Madoff. The deal between Einhorn and the Mets has yet to be completed.
To contact the reporter on this story: Mason Levinson in New York at mlevinson@bloomberg.net.
To contact the editor responsible for this story: Michael Sillup at msillup@bloomberg.net.
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