On a flop of 1065, Mike Matusow checked to Kevin Saul who bet 385k. Matusow moved all in, Saul instantly called and the players showed:

Kevin Saul QQ

Mike Matusow 87

The turn and river came 3K for Mike Matusow to be eliminated in 2nd place with $671,320.

Kevin Saul is the new WPT Bellagio Cup III champion taking home $1,342,320.

The blinds have been increased to 40k-80k with a 10k ante.

The updated counts are:

Kevin Saul  8.2m
Mike Matusow  2.5m

Kevin Saul raised to 170k from the button and Mike Matusow called. The flop came 763 and Matusow bet 200k. Saul called and the turn came Q. Both players checked and the river came J. Matusow bet 200k, Saul raised to 700k, and Matusow folded.

Mike Matusow raised to 135k from the button and Kevin Saul called. The flop came J42 and Saul checked to Matusow who bet 150k. Saul raised to 370k, Matusow moved all in for 1.4m, and Saul folded.

Heads-Up play is underway.

There's a short break for the money presentation.