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Phil Galfond's Million-Dollar March: Wins and Losses in Online Poker
Community & StoriesMarch 16, 2012·1 min read

Phil Galfond's Million-Dollar March: Wins and Losses in Online Poker


Phil Galfond has accumulated $1,117,078 in winnings in the first half of March 2012. This significant achievement highlights the intense competition and high stakes in the world of online poker. Galfond's success stands in stark contrast to the experiences of other players, notably Jens Kyllönen, known as Jeans89, who is experiencing a downswing of $663,867.

The Epic Poker League, once a prominent circuit in the poker world, is facing severe challenges. Federated Sports+Gaming, the founder of the league, has seen its bankruptcy reorganization plan rejected by a judge. The company's debts amount to five million dollars, and it lacks sufficient sponsors and television contracts to stay afloat.

Meanwhile, the regulatory landscape for online poker in the United States is fraught with challenges. Several states, including Mississippi, Hawaii, and Iowa, are unlikely to have regulated online poker in the near future due to Republican opposition. Even in New Jersey, which had been at the forefront of online poker regulation, plans may be delayed due to budget negotiations.

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Argus Riven

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Argus Riven

I've spent years at the tables — cash and tournaments — and just as long shaping poker copy behind the scenes: room reviews, bonus fine print, tournament notes. At PokerInsider I write the way I wish more sites would: clear structure, honest trade-offs, no hype. Whether you're new or already grinding, I care about what the offer actually costs you — rake, variance, and the fine print — and I treat responsible play as part of the job, not a footnote.

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