
Canadian poker pro Daniel Negreanu who’s won five World variety of Poker (WSOP) bracelets and more than $18 million in tournament cashes throughout his illustrious poker job is not having a great year therefore far at WSOP. At minimum, not based on their tournament that is own tracking, which shows him down $226,000 after barreling through 31 events already as of this year’s gathering. The figure was at ‘just’ $176K, until he busted the $50,000 buy-in Poker Players Championship in 102nd place this week. And that’s despite five cashes, which will certainly be impressive for most players.
Can’t Profit for Losing
The downswing is basically because, regardless of the five cashes ( that have garnered him $45,088 thus far), he’s poured $271,111 into the 31 occasions (with the priciest being the One Drop tall Rollers No restriction Hold’em tournament that benefits charity and that paid winner Tony Gregg a healthy $4,830,619 for first. Last year’s $18 million + winner, Antonio Esfandiari, only took fourth this year, along with a buy-in that was almost 1/10th of last year’s $1 million, he made down by having a ‘paltry’ $1,433,438 for this year’s fourth place finish. Yes, the rich get richer).
Before you lose any sleep over Negreanu’s downward trend, however, think about this: he’s doing pretty well over all in tournaments thus far in 2010. Back in April, he took straight down WSOP Australia for $1,087,160, and also made his method to two non-WSOP tables that are final have earned him another total of $553,000. So he can probably afford bus fare home, anyway.
Top-Ranked Player
Originally from Toronto, Negreanu is recognized as you of the top players in the overall game today, along side names like Phil Ivey, Phil Hellmuth and Mike ‘The Mouth’ Matusow. With 189 life time competition cashes and 35 place that is first, based on his Poker Pages ranking, 38-year-old Negreanu is rated as the sixth most successful tournament player on the planet right now.
And, who understands? Perhaps he can turn it all around at the Main Event this year, where a place that is first will most likely be in the $6-8 million range.
All Twelve Atlantic City Casinos Ready to Go for On-line Casino Gaming
Whenever New Jersey finalized their online gambling bill into law early in the day this year, it had been obvious that many of Atlantic City’s casinos the only entities allowed to operate this new online casino websites under what the law states would choose to take component. Still, few would have anticipated the response that state regulators have actually received.
All AC Casinos on Board
Based on state officials, all twelve casinos in Atlantic City have used to the Division of Gaming Enforcement become a part of the very first round of on line site that is gambling. Casinos had until the end of June to share with the state about any partnerships they would be pursuing with software providers (domestic or worldwide) in order to have a shot at to be able to launch their sites on the day that is opening of Jersey’s real money online gambling marketplace.
All twelve casinos have opted for to do so, each partnering with a current online gambling company. Each partner will now have until the conclusion of July to use because of their own licensing approval. If final applications are not received by that time, companies and casinos may still get a chance to engage in on line gambling, but may have to wait until after the start date that is initial.
While no formal launch date for New Jersey’s on line gambling has been announced, its expected that state regulators will push to have sites up and running by November.
Some Silent Partners
Whilst each and every casino has submitted information to the continuing state about their prospective gambling partners, not them all have publicly announced who they really are working with. The agreement between Caesars Entertainment (which owns four casinos in Atlantic City) and 888 Holdings, and a recent deal between Ultimate Gaming and the Trump Taj Mahal among the partnerships that have been made public are the Borgata’s move to work with Bwin.party.
Once active, online gambling in nj-new jersey will be provided to anybody 21 or older who’s found in the state. The regulations allow not only for internet poker which happens to be to be had in Nevada but in addition for all online casino games as well.
It’s Goodbye Betting Kiosks, Hey Mobile Betting for Las Vegas
Nevada’s 84 statewide bars, taverns and eateries that house betting kiosks with regards to their customers convenience in placing wagers on sporting events will be getting visitors shortly more chilli slot machine app, as the removal that is state-mandated of devices kicks in this weekend. Major kiosk provider William Hill be using them out of about half of those establishments, with other kiosk players like Cantor Gaming taking the remainder, and maybe not most people are happy about it, to express the least.
Brand New Law Adopts Effect
‘At the conclusion of the day, we will follow the legislation,’ stated Steve Arcana, CEO of Las Vegas-based Golden Gaming Inc., a company that operates PT’s Entertainment Group, an outfit with numerous restricted license operations across the state that is going to be affected with a new legislation. ‘We’re not happy about it. Our customers like sports wagering.’
Although customers will not be able to wager in the machines, open reports, or deposit or withdraw cash, they will be able to put cash into their mobile sports wagering records and keep abreast of lines on games. William Hill manager of business development Dan Shapiro states their Las Vegas-based company is trying to make lemonade away from lemons.
‘We are repositioning them from kiosks to mobile sports deposit hotspots,’ said Shapiro. ‘ You can’t make a bet or withdraw cash, but it’s going to accept money deposits.’ We bet it shall.
Restricted Vs. Unrestricted License Battle
The brand new law creating this modification is Senate Bill 416, which bans betting activities via betting kiosks in virtually any bar, tavern or restaurant with a restricted gaming permit, meaning they can don’t have any more than 15 slot machines on property. The Nevada Resort Association a lobbying group that represents major land casino interests like Station Casinos Inc. and Boyd Gaming Corp., and others was instrumental in pushing for the ban, claiming sports betting kiosks crossed the fuzzy line between the nonrestricted gaming options of brick-and-mortar casinos, and the far more limited limited licenses regarding the typical bar or tavern in Nevada.
The now-illegal wagering kiosks had generated $600,000 in profits in 2012, which amounts to a tiny 0.35 % of the total $170 million in recreations betting profits gained by all sources year that is last. In all, gamblers bet out more than $3.4 billion on displaying events in 2012.
Caesars Entertainment Cuts Paula Deen to their losses
Paula Deen, the mythic high-cholesterol country chef whom touted high-fat content the way De Beers touts diamonds, has consumed nearly everything on her TV show; but now, she no doubt just wishes she could eat her words. The freefalling down-spiral from disclosing a 30-year-old racial slur talked during a past lawsuit brought by a former employee continues, as Caesars Entertainment becomes the latest in a slew of business partners to drop Deen from their rosters like a boiling-hot corn fritter.
Severing Ties
The announcement came final week, with Caesars saying they had reached a ‘mutual agreement’ with Paula Deen Enterprises to not restore their business partnership when it comes due. Companies have now been ties that are severing Deen since her debacle began in rapid succession; Deen’s alliances with Caesars include four ‘themed’ restaurants bearing her stamp at their Horseshoe Southern Indiana, Harrah’s Tunica (Mississippi), Harrah’s Cherokee (North Carolina), and Harrah’s Joliet in Illinois.
Caesars says they shall be rebranding the eateries once the contracts run away; Deen probably feels as though she’s got been branded enough to last an eternity now.
Walking the Plank
Despite endless public ‘mea culpas’ including a homey video that is self-shot which Deen appears to weep for the anguish she claims she has caused by her actions she’s been unable to remove the tarnish from her now-tainted reputation, and is apparently adding little battle to the domino-effect of businesses bailing on her one after another.
Caesars has released the predictably non-inflammatory comment to describe their latest severing. ‘ After thoughtful consideration of their impact, we have mutually decided that it is in the best interests of both ongoing parties to component means at this time,’ said Caesars professional vice-president of communications and government affairs Jan Jones Blackhurst.
Despite the cut from Caesars and others that are many maybe not everyone has chose to jump ship from Deen’s business alliances. Companies Alice that is including Travel Landies Candies, Hoffman Media, the Metropolitan Cooking Expo, chicken producer Springer Mountain Farms, and Epicurean Butter have all maintained their allegiances, so far, at least.
And Deen shouldn’t stop trying hope; nothing Americans love more than a tale of falls from grace accompanied by redemption. At the very least, if Martha Stewart and breeder that is dog-fighting torturer and killer Michael Vick are any example.
Atlantic City’s Borgata Celebrates Ten-Year Anniversary
Atlantic City’s Borgata Hotel Casino is celebrating its tenth anniversary this week, one that sees the resort stand mind and shoulders above its competition as the most successful property in Atlantic City. A task it’s been able to accomplish in short order since its opening in 2003, Borgata has set out to attract higher-end customers than many of the other Atlantic City casinos.
‘Borgata brought excitement, food and drink attractions, and all sorts of various aspects in to the market in a huge way,’ said Bob McDevitt, president regarding the town’s largest casino union. ‘The other casinos are still chasing that.’
Pennsylvania Competition
It has been widely recognized that Atlantic City as an entire has been struggling in current years, particularly because of considerable competition in neighboring Pennsylvania. The Borgata hasn’t been immune to these pressures either. However, while the overall revenues for Atlantic City have dropped down more than 40 % since their peak in 2006, the Borgata has proceeded to improve its share of the gambling that is remaining there meaning the casino remains extremely profitable despite dropping revenues.
‘I think Atlantic City would be alot more devastated by Pennsylvania gaming if Borgata was not in this market,’ McDevitt said.
Borgata came into the Atlantic City market at any given time when the city was facing a perception issue that is serious. The city was viewed as attracting mainly older, lower-stakes gamblers, while the hipper and crowds that are high-stakes ‘rejecters’ of the AC casinos were shifting to Las vegas, nevada.
Upscale Marketing
The Borgata managed to change that perception then at least for itself if not for the whole city. Advertising itself squarely at those exact same rejecters, the Borgata featured shopping that is high-end activity venues, fine dining and the ‘Borgata Babes’ that served as cocktail waitresses. That combination has provided customers an event that was previously unavailable into the city.
‘It’s sort of like going to Vegas or the Caribbean,’ casino patron Lee Mascolotto told the Press of Atlantic City. ‘It has more of a Vegas feel than the other casinos,’ he added, saying that the Borgata is the only Atlantic City casino they see.
For the anniversary that is tenth Borgata brought in a collection of musical guests including The Roots, Jill Scott, and Slash (of Guns N’ Roses fame), along side comedian Aziz Ansari. The eclectic, hip mix showed that a decade later, the casino is still set on attracting exactly the same ‘rejecters’ that other Atlantic City casinos haven’t had the opportunity to keep onto.
