Despite players having an unprecedented eight levels to register for the World Poker Tour’s (WPT) Festa al Lago, attendance dropped 25% year over year. In 2008, 368 players took to the felt, while this time around, the field numbered 275.

Registration ended five hours into play on Day 2 at the Bellagio in Las Vegas, the host venue for the annual Festa al Lago. A total of 30 players bought in on Thursday, including Andy Bloch, Todd Brunson, Freddy Deeb, Chris Ferguson, Hasan Habib, Isaac Haxton, Phil Hellmuth, John Juanda, Howard Lederer, Kenny Tran, and Bodog pro David Williams. Players who entered the Festa al Lago Main Event late received 60,000 chips, the same number as players who began yesterday received. However, the average stack at 5:00pm Pacific Time when registration shuttered was 114,000, nearly double that total.

Tran’s day was quite abbreviated. After arriving at the last minute and not taking a seat at the table until his stack had shrunk to 48,000, he quickly found himself all-in pre-flop with K-Q of diamonds against top online poker pro Steve “gboro780” Gross’ pocket sevens. Tran hit a king on the turn to take the lead in the hand, but Gross spiked a two-outer on the river to send the poker pro home. WPT coverage candidly summed up Tran’s outing: “Kenny Tran paid $15,000 to play for about ten minutes, but he still outlasted more than half the field.”

The feature table began with a star-studded lineup headlined by Full Tilt Poker pro and World Series of Poker (WSOP) November Nine member Phil Ivey. Flanking him were fellow Poker Hall of Fame nominee Barry Greenstein, “Big Game” regular Eli Elezra, Marco “CrazyMarco” Johnson, and Steve “MrTimCaum” O’Dwyer. Elezra was ultimately sent packing from the table after running pocket tens into pocket aces.

Phil Hellmuth headed to Table 55 upon arriving at the Bellagio about two-and-a-half hours into play on Thursday. Joining him were 2001 WSOP Main Event Champion Carlos Mortensen, Mike “goleafsgoeh” Leah, and Daniel Alaei. After coming up short in a race with A-K against pocket queens to drop his stack down to 23,000, Hellmuth raced again, this time for his tournament life. Hellmuth once again held A-K and was up against the pocket jacks of Dee Luong. However, he could not improve and was sent packing from the Las Vegas casino.

Twenty-seven places will pay out at the marquee WPT event, with a $1.2 million first place prize up for grabs. Here’s how the field will be paid out in the $15,0000 buy-in contest:

1st Place:  $1,218,225
2nd Place:  $795,150
3rd Place:  $477,090
4th Place:  $278,300
5th Place:  $208,725
6th Place:  $168,970
7th Place:  $129,210
8th Place:  $89,450
9th Place:  $63,610
10th Place – 12th Place:  $47,710
13th Place – 15th Place:  $39,760
16th Place – 18th Place:  $31,805
19th Place – 27th Place:  $23,855

At the time of writing, which is 8:30pm local time in Las Vegas, here were the top 10 chip stacks as play continued in the Festa al Lago. The action was in Level 10, where blinds were 1,000/2,000 with a 200 chip ante:

1. Chad Batista – 425,000
2. Jason Somerville – 404,000
3. Corwin Cole – 390,000
4. Mark Seif – 370,000
5. Chau Giang – 350,000
6. Steve Gross – 345,000
7. Mike Leah – 340,000
8. Markus Gonsalves – 320,000
9. Dutch Boyd – 260,000
10. Eugene Katchalov – 255,000

Last year, Team PokerStars Pro member Bertrand “Elky” Grospellier defeated Nam Le heads-up to take home $1.4 million in the Festa al Lago Main Event. Others making the final table included WSOP bracelet winner Nenad Medic and Ultimate Bet pro Adam “Roothlus” Levy.

Stay tuned to Poker News Daily for the latest WPT Festa al Lago coverage.

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