Bloomberg Television to Host $50,000 Buy-In Poker Night on Wall Street Wednesday Night
This Wednesday, Oct. 23 at 9 p.m. ET, Bloomberg Television’s Trish Regan will host “Poker Night on Wall Street” — a $50,000 buy-in single-table tournament — at Borgata in Atlantic City, New Jersey. The game will feature six Wall Street heavyweights playing for charity.
The game will include Greenlight Capital’s David Einhorn, Kynikos Associates’ Jim Chanos, Gabelli Asset Management’s Mario Gabelli, Pine River Capital Management’s Steve Kuhn, Ariel Investments’ John Rogers, and Skylar Capital Management’s Bill Perkins.
In addition, poker pro and former Wall Street man Andy Frankenberger will be providing commentary:
Date set for #PokerNIghtonWallSt on @BloombergTV: Wed Oct 23rd, 9pm! I'm doing commentary w/ @trish_regan. Preview: http://t.co/8G0XfOUR82— Andy Frankenberger (@AMFrankenberger)
Bloomberg Television, currently available in more than 340 million homes worldwide, provides 24-hour continuous coverage of the people, companies and ideas that move the markets. With “Poker Night on Wall Street,” Bloomberg hopes these titans of Wall Street will reveal the parallels between how they invest and how they play poker.
By far the two most recognizable players in the game are Perkins and Einhorn. Perkins is an amateur poker player and businessman residing in Houston, Texas. He founded the venture capital firm Small Ventures which focuses on energy, technology, and entertainment. Now, he acts as a hedge fund manager for commodities trading for Skylar Capital Management. Perkins has appeared on both the PokerStars Big Game and High Stakes Poker. He has amassed more than $2.4 million in tournament winnings including a third-place finish in the 2013 World Series of Poker $111,111 One Drop High Roller for $1,965,163.
"I was contacted by Bloomberg that they would like to have me on the show with double hedge fund traders and businessmen that they’re going to have in Atlantic City," Perkins told PokerNews in an exclusive interview. "They said that one of the players had mentioned that I would be good for the game and they put me on board."
He went on to add: "I think it will be exciting. There’s always the magic of TV editing that brings some excitement into every game. Also, those who are familiar with who the players are get to see them in an environment where they’re battling against each other, and I think that will be exciting. While we were playing there was an aspect that some guys really wanted to win. It was an honor to play among those guys. It was fun, it was great for me to play with people that I have heard about and read about. It was an honor to play among them and I’m very grateful Bloomberg gave me the opportunity to sit down and play some of my peers."
Meanwhile, Einhorn is the billionaire founder and president of Greenlight Captital, a long-short value-oriented hedge fund. In 2012, Einhorn made the final table of the inaugural $1 million Big One for One Drop. He finished third for $4.3 million and donated his cash winnings to the City Year Foundation, an education-focused nonprofit organization that partners with high-need public schools to provide full-time targeted student interventions. Before that, Einhorn finished in 18th place in the largest poker tournament in history, the 2006 WSOP Main Event, which attracted 8,773 entrants. He donated his $659,999 in winnings to the Michael J. Fox Foundation.
Check out a preview of the show here:
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*Photo courtesy of techloy.com.