
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 lacking a year that is great far at WSOP. At minimum, not based on his 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 is 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 Win for Losing
The downswing is because, regardless of the five cashes ( which may have garnered him $45,088 so far), he’s poured $271,111 in to the 31 occasions (with the priciest being the One Drop High Rollers No Limit 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, and with a buy-in which was almost 1/10th of this past year’s $1 million, he made off with a ‘paltry’ $1,433,438 for this year’s fourth place finish. Yes, the rich get richer).
Before you lose any rest over Negreanu’s downward trend, however, look at this: he’s doing pretty well over all in tournaments thus far this season. 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 is able to probably manage bus fare home, anyway.
Top-Ranked Player
Originally from Toronto, Negreanu is recognized as you of the players that are top the game today, along with 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 ranked as the sixth most successful tournament player on earth at this time.
And, who knows? Maybe he can turn it all around at the Main Event this present year, where a place that is first will most likely be into the $6-8 million range.
All Twelve Atlantic City Casinos Ready to Go for Online Casino Gaming
When brand New Jersey signed their online gambling bill into law earlier in the day this year, it had been obvious that many of Atlantic City’s casinos the only entities allowed to operate the new casino that is online under the law would decide to take component. Still, few would have anticipated the response that state regulators have received.
All AC Casinos on Board
In accordance with state officials, all twelve casinos in Atlantic City have applied to the Division of Gaming Enforcement become part of the very first round of on line site that is gambling. Casinos had before the end of June to inform their state about any partnerships they would be pursuing with software providers (domestic or worldwide) in order to have a shot at being able to launch their sites on the day that is opening of Jersey’s real money online gambling marketplace.
All twelve casinos have plumped for to accomplish so, each partnering with an existing gambling company that is online. Each partner will are in possession of until the conclusion of July to use with regards to their licensing that is own approval. If final applications aren’t received by that time, companies and casinos may still get a chance to participate in online gambling, but might have to wait until after the start date that is initial.
While no launch that is official for New Jersey’s on line gambling is announced, it’s expected that state regulators will push to have sites up and running by November.
Some Silent Partners
While each and every casino has submitted information to the state about their prospective gambling partners, perhaps not them all have actually 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 is located in the state. The regulations allow not just for internet poker slot machine more chilli which is currently being offered in Nevada but in addition for all casino that is online as well.
It is Goodbye Betting Kiosks, Hi Mobile Betting for Las Vegas
Nevada’s 84 statewide bars, taverns and eateries that house betting kiosks for his or her customers convenience in putting wagers on sporting activities will be getting visitors shortly, as the removal that is state-mandated of devices kicks in this weekend. Major kiosk provider William Hill be using them out of about 1 / 2 of those establishments, with other kiosk players like Cantor Gaming taking the rest, and not many people are happy about it, to express the least.
New Law Switches Into Effect
‘At the conclusion of the day, we are going to stick to the legislation,’ said Steve Arcana, CEO of Las Vegas-based Golden Gaming Inc., a company that operates PT’s Entertainment Group, an outfit with many restricted license operations throughout the state that will be impacted by a new law. ‘We’re unhappy about it. Our customers like sports wagering.’
Although customers will no longer be able to wager in the machines, open reports, or deposit or withdraw cash, they will remain able to place cash into their mobile sports betting records and keep abreast of lines on games. William Hill director of business development Dan Shapiro claims his 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 will accept money deposits.’ We bet it will.
Restricted Vs. Unrestricted License Battle
The brand new law creating this modification is Senate Bill 416, which bans betting sports via betting kiosks in any bar, tavern or restaurant by having a restricted gaming permit, meaning they can haven’t any more than 15 slot machines on property. The Nevada Resort Association a lobbying group that represents land that is major interests like Station Casinos Inc. and Boyd Gaming Corp., and others ended up being instrumental in pushing for the ban, claiming recreations betting kiosks crossed the fuzzy line between the nonrestricted gaming options of brick-and-mortar casinos, and the even more limited limited licenses for 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 final 12 months. 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 nation chef who touted high-fat content the way De Beers touts diamonds, has consumed nearly everything on her television 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 such as for instance a boiling-hot corn fritter.
Severing Ties
The announcement came week that is last with Caesars saying that they had reached a ‘mutual agreement’ with Paula Deen Enterprises to not renew their business partnership as it pertains due. Companies have 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 will be rebranding the eateries once the contracts run away; Deen probably feels as though she has been branded enough to last a lifetime now.
Walking the Plank
Despite endless public ‘mea culpas’ including a homey self-shot video clip in which Deen appears to weep for the anguish she says she has brought on by her actions she’s got been unable to take away the tarnish from her now-tainted reputation, and seems to be putting up little battle to the domino-effect of businesses bailing on her one after another.
Caesars has granted the predictably non-inflammatory comment to explain their severing that is latest. ‘ After thoughtful consideration of their impact, we have mutually decided that it is in the best interests of both ongoing parties to part ways at the moment,’ said Caesars executive vice-president of communications and government affairs Jan Jones Blackhurst.
Despite the cut from Caesars and others that are many maybe not everyone has made a decision 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, therefore far, at least.
And Deen shouldn’t quit hope; nothing Americans love more than a tale of falls from grace followed closely by redemption. At least, if Martha Stewart and dog-fighting breeder, torturer and killer Michael Vick are any instance.
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. Since its opening in 2003, Borgata has set out to attract higher-end customers than most of the other Atlantic City casinos, a task it’s been able to accomplish in brief order.
‘Borgata brought excitement, food and beverage destinations, and all various aspects in to the market in a huge method,’ stated Bob McDevitt, president regarding the town’s largest casino union. ‘The other casinos are nevertheless chasing that.’
Pennsylvania Competition
It’s been widely recognized that Atlantic City as an entire has been struggling in present years, particularly because of extensive competition in neighboring Pennsylvania. The Borgata hasn’t been resistant to these pressures either. But, while the overall revenues for Atlantic City have dropped off more than 40 percent since their peak in 2006, the Borgata has proceeded to boost its share of the gambling that is remaining there meaning the casino continues to be extremely profitable despite falling revenues.
‘I think Atlantic City would be even more devastated by Pennsylvania gaming if Borgata was not in this market,’ McDevitt said.
Borgata came into the Atlantic City market at the same time when the city was facing a perception issue that is serious. The town ended up being 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.
Upscale Marketing
The Borgata was able to change that perception if not for the entire city, then at the least for itself. Advertising itself squarely at those exact same rejecters, the Borgata featured high-end shopping, entertainment venues, fine dining plus the ‘Borgata Babes’ that served as cocktail waitresses. That combination has provided customers an experience which was formerly unavailable within the city.
‘It’s sort of like going to Las Vegas or the Caribbean,’ casino patron Lee Mascolotto told the Press of Atlantic City. ‘It has more of a Vegas feel compared to the other casinos,’ he added, saying that the Borgata is the actual only real Atlantic City casino they visit.
For the anniversary that is tenth Borgata brought in an accumulation of musical visitors including The Roots, Jill Scott, and Slash (of Guns N’ Roses fame), along with comedian Aziz Ansari. The eclectic, hip mix showed that the decade later, the casino is still set on attracting exactly the same ‘rejecters’ that other Atlantic City casinos haven’t had the opportunity to hold onto.