LAPT7 Brazil: Cuco takes the chip lead as Pessagno exits in 26th place

After spending all day on the live streaming featured table, Team Online's Caio Pessagno has been eliminated in 26th place.

In a pot that Pessagno three-bet preflop out of the small blind, the flop fell Q♠J♣8♠. Pessagno checked, Andre Cuco bet 250,000, and Pessagno moved all-in for his remaining 1,095,000. Cuco quickly called, his Q♦J♠ having outflopped Pessagno's A♥Q♣. Pessagno got no help from the 6♠ turn or the 3♦ river and departed in 26th place.

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With that massive pot, Andre Cuco vaulted into the chip lead with 3.22 million. Here's how the featured table stacks up right now:

Andre Cuco - 3,224,000
Victor Sbrissa - 1,848,000
Angel Guillen - 1,064,000
Stetson Frahia - 841,000
Andre Cruz - 667,000
Gustavo Vascao - 219,000

Fabiano Valdao was eliminated in 25th place only moments ago and the clock has been paused for the players to redraw for seats on the final three tables.

Photography from LAPT7 Brazil by Carlos Monti. Live streaming of the action in both Spanish and Portuguese is available via PokerStars.tv. You can also follow the Spanish feed at PokerStars or via Facebook, and the Portugeuse feed at PokerStars or via Facebook.

Kristin Bihr is a freelance contributor to the PokerStars Blog.