[basugasubaku]

He also could have been staked for the high stakes and so didn't necessarily lose his own money. From what I hear this is not uncommon for winning players taking a shot at the higher stakes or even a high stakes regular who found what he feels is a good but risky spot.

Actually the article headline seems inconsistent with the text, which suggests he decided to quit to pursue other things and is not in fact "busto" as rumored.

Not saying you're wrong but it's another possibility.