The 36-year-old poker legend has had it rough, working at McDonald’s before he discovered his passion for poker and turned it into a lifestyle. His biggest achievement to date, though, is the big hand he secured earlier this week at Hustler Casino Live’s Million Dollar Game, which was streamed in real time and immortalized Dwan’s $3.1 million triumph in a single round against the likes of Doug Polk and Wesley Fei.

Let’s Raise the Stakes from the Get-Go

Dwan faced a tough opponent in the final table with Fei, a cryptocurrency millionaire, keen to get the stakes high from the very beginning. The buy-in for the No-Limit Texas Hold’em cash game was set at $1 million, which is quite steep, but both Fei and Dwan were keen to participate.

The game was definitely intense, with other participants not helping the action move smoothly along. For one, Polk, a poker legend, and a World Series of Poker bracelet winner himself, said at one point that he had seen Fei’s cards causing confusion on the table. Regardless, the action carried on with Fei confident in his hand. He was holding an Ace and a King, giving him a very good strategic position regardless of Polk’s claims.

Polk though said he’s folding and he did well too. The action continued with the three remaining players on the table, that is Fei, Dwan, and another rising star player by the name of LSG Hank who was also prompted to fold as Dwan and Fei continued to bid against each other and raise continuously.

Getting Cold Feet?

The pot started to escalate quickly as neither Fei nor Dwan wanted to back down. Dwan, though, was at the end of his stack and was on the cusp of betting all of his chips worth approximately $786,000. The stress forced him to take a step back and, visibly anxious, start talking out loud about why and what he considered doing, commenting on past events.

Dwan looked at Polk and started talking over the situation – “Doug saw his cards,” the player said, adding that Polk tried to talk Fei out of three betting, but the player didn’t heed that advice anyway. After minutes of hesitation, Dwan moved all in and saw himself land a $3.1 million payout off a single round, the biggest on a live poker broadcast.

This, of course, was not the end of the game, as Fei soon won $2.5 million back. Still, Dwan’s name has been etched in history, and if there is one lesson to take away from this situation, according to Fei, it is that you “cannot bluff Tom”

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The Melbourne Cup Carnival is famous not only in Australia but around the world. Popular as the country’s biggest racing event, it enjoys viewership from 120 nations. It is believed that more than 700 million people around the world enjoy the Melbourne Cup, which is a testament to its importance within the horseracing vertical. Now, as reported by The Australian, the gambling and betting giant Tabcorp has joined the race to become a broadcast rights holder for the Melbourne Cup.

Securing the rights would mark a milestone moment for Tabcorp, as it will enable it to continue to grow its broadcasting portfolio. Currently, the company owns three radio stations, as well as two broadcasting businesses. Additionally, Tabcorp holds the role of naming rights partner for the event that takes place after the Melbourne Cup, the Champion Stakes Day.

Joining the race, the company is reportedly considering an AU$100 million bid for the rights and is negotiating with Victoria Racing Club (VRC). The previous handover of the rights for the Melbourne Cup dates back to 2018 and it involved a five-year contract. Now, keeping in mind that the contract is about to expire in 2024, Tabcorp’s move doesn’t come as a surprise.

Talks about Broadcasting Rights Are Yet to Be Officially Confirmed

According to Adam Rytenskild, Tabcorp’s CEO, expanding the company’s collaboration with the VRC would mark an exciting moment. He pointed out that Tabcorp is proud to be the “exclusive wagering partner of Australia’s most famous week of racing.”

Despite the reported talks, VRC’s CEO, Steve Rosich, told The Australian that the company is looking forward to 2023’s Melbourne Cup Carnival in partnership with its broadcasting partner, Network 10. Addressing the talks about the broadcasting rights for 2024, Rosich said that those details are confidential.

“The VRC is looking forward to showcasing another exceptional Melbourne Cup Carnival in 2023 in conjunction with our broadcast partner Network 10. The VRC’s media rights process for the 2024 Melbourne Cup Carnival and beyond is confidential.“

Steve Rosich, CEO of Victoria Racing Club

If indeed Tabcorp secures the rights for the Melbourne Cup, that wouldn’t be the first time this has happened to the company. From 2020 to 2022, the company was the international rights holder of the marquee fixture.

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