Alexander Alekhine won, followed by Max Euwe and Salo Flohr tied for second-third.
[3] The major omissions were José Raúl Capablanca (Cuba) and Samuel Reshevsky (United States).
[2][3] About a month before the tournament began, Euwe had accepted Alekhine's terms for a championship match to be held in the autumn of the next year.
Alekhine took the lead in round 13 with a win over Gideon Ståhlberg (Sweden) while Flohr drew with Bogoljubov.
[2] One month earlier Bogoljubov had lost the 1934 World Championship match, his second attempt to challenge Alekhine.
[3] Lasker started strong, beginning the tournament with a fine win playing black against Euwe in round 1.
[2] At age 65 and being out of practice, Lasker was at a disadvantage in a long tournament and lost in rounds 8, 10 and 12 to Bogoljubov, Nimzowitsch, and Alekhine to finish at a very creditable fifth with 10 points.
Earlier in round 5 Ståhlberg and Lasker played for the first time in their careers, with the younger Swede victorious.
[8] Aron Nimzowitsch (Denmark) was formerly a world championship contender, but in 1934 his health was declining and he would die just a year later at age 48.
Bernstein was a tournament veteran who would be in the inaugural group of grandmasters when FIDE created the title in 1950.
[10] According to a well-known anecdote, after missing a winning line against Fritz Gygli (Switzerland), Bernstein is reported to have asked "Am I not a chess idiot?"
When Lasker agreed, Bernstein had the former world champion sign an affidavit attesting to that fact.
Lasker turned the tables by trading his queen for a rook, knight and pawn, winning with 35...Qxe5!