
Canadian poker professional Daniel Negreanu who’s won five World Series of Poker (WSOP) bracelets and more than $18 million in tournament cashes throughout his illustrious poker career is lacking a year that is great far at WSOP. At minimum, not according to their very own tournament tracking application, which shows him down $226,000 after barreling through 31 events already only at that 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 may certainly be impressive for many players.
Can’t Win for Losing
The downswing is because, despite the five cashes ( which have garnered him $45,088 so far), he’s poured $271,111 in to the 31 activities (with the priciest being the One Drop High Rollers No limitation Hold’em tournament that benefits charity and that paid champion Tony Gregg a healthy $4,830,619 for first. This past year’s $18 million + winner, Antonio Esfandiari, only took fourth this year, and with a buy-in that was almost 1/10th of this past year’s $1 million, he made off by having a ‘paltry’ $1,433,438 for in 2010’s fourth place finish. Yes, the rich get richer).
Before you lose any rest over Negreanu’s downward trend, however, consider this: he’s doing pretty well over all in tournaments up to now this present year. Back in April, he took down WSOP Australia for $1,087,160, and also made his way 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 game today, along side names like Phil Ivey, Phil Hellmuth and Mike ‘The Mouth’ Matusow. With 189 lifetime tournament cashes and 35 first destination finishes, based on his Poker Pages position, 38-year-old Negreanu is rated as the sixth most successful tournament player on earth now.
And, who knows? Maybe he are able to turn all of it around at the Main Event this season, 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 On-line Casino Gaming
When brand New Jersey signed their online gambling bill into legislation earlier this year, it had been obvious that many of Atlantic City’s casinos the only entities allowed to operate the brand new casino that is online under regulations would elect to take part. Still, few would have expected the response that state regulators have actually gotten.
All AC Casinos on Board
Based on state officials, all twelve casinos in Atlantic City have used to the Division of Gaming Enforcement to be an integral part of the very first round of on line gambling site approvals. Casinos had until the end of June to tell the state about any partnerships they would be pursuing with software providers (domestic or international) so that you can have a shot at having the ability to introduce their sites on the opening day of New Jersey’s real money online gambling market.
All twelve casinos have selected doing so, each partnering with a current gambling company that is online. Each partner will are in possession of until the finish of July to apply for their own certification approval. If final applications are not gotten by that time, companies and casinos may nevertheless obtain a chance to engage in on line gambling, but may have to hold back until after the initial begin date.
While no formal launch date for New Jersey’s online gambling was announced, it is expected that state regulators will push to have sites up and running by November.
Some Silent Partners
Whilst every casino has submitted information to the continuing state about their possible gambling partners, 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 New Jersey will be offered to anyone 21 or older that is found in the state. The regulations allow not just for online poker which is currently on offer in Nevada but also 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 gambling kiosks for his or her customers convenience in placing wagers on sporting activities will be getting visitors shortly, as the removal that is state-mandated of machines kicks in on the weekend. Major kiosk provider William Hill be using them out of about 50 % of those establishments, with other kiosk players like Cantor Gaming taking the others, and perhaps not most people are happy about it, to say the least.
New Law Switches Into Effect
‘At the finish of the day, we are going to follow the law,’ said 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 throughout the state that are impacted with a law that is new. ‘We’re unhappy about it. Our customers like sports wagering.’
Although customers will not be able to wager regarding the machines, open records, or deposit or withdraw cash, they will nevertheless be able to place money into their mobile sports betting records and keep abreast of lines on games. William Hill director of business development Dan Shapiro states their Las company that is vegas-based 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 money, but it shall accept cash 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 just about any bar, tavern or restaurant with a restricted gaming license, meaning they can haven’t 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., among others ended up being instrumental in pushing for the ban, claiming sports betting kiosks crossed the fuzzy line between the nonrestricted video gaming options of brick-and-mortar casinos, together with even more limited limited licenses of the normal club or tavern in Nevada.
The now-illegal wagering kiosks had generated $600,000 in profits in 2012, which amounts up to a tiny 0.35 percent of the total $170 million in sports betting revenues made by all sources last 12 months. In all, gamblers bet out more than $3.4 billion on sporting 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 eaten just about everything she no doubt just wishes she could eat her words on her TV show; but now. The freefalling down-spiral from disclosing a 30-year-old racial slur spoken during a past lawsuit brought by a former worker continues, as Caesars Entertainment becomes the latest in a slew of business partners to drop Deen from their rosters just like a corn fritter that is boiling-hot.
Severing Ties
The announcement arrived 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 happen 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 (new york), and Harrah’s Joliet in Illinois.
Caesars says they will be rebranding the eateries once the contracts run down; Deen probably feels like she’s been branded enough to last a very long time 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 brought on by her actions she has been unable to take away the tarnish from her now-tainted reputation, and appears 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 spell out 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 part methods at this time,’ said Caesars professional vice-president of communications and federal government affairs Jan Jones Blackhurst.
Despite the cut from Caesars and others that are many maybe not everyone has decided to jump ship from Deen’s business alliances. Companies including Alice Travel, Landies Candies, Hoffman Media, the Metropolitan Cooking Expo, poultry producer Springer Mountain Farms, and Epicurean Butter have all maintained their allegiances, so far, at least.
And Deen should not call it quits hope; nothing Americans love more than a story of falls from grace followed closely 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 head and shoulders above its competition as the utmost successful property in Atlantic City. Since its opening in 2003, Borgata has set out to attract higher-end customers than many of the other Atlantic City casinos, a task it’s been able to accomplish in quick order.
‘Borgata brought excitement, food and drink destinations, and all sorts of different aspects into the market in a big method,’ stated Bob McDevitt, president regarding the town’s largest casino union. ‘The other casinos are still chasing that.’
Pennsylvania Competition
It has been more popular 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 immune to these pressures either. However, while the overall revenues for Atlantic City have dropped off more than 40 percent since secrets to more chilli slots their peak in 2006, the Borgata has proceeded to enhance its share of the staying gambling pie there meaning the casino continues to be really profitable despite falling revenues.
‘I think Atlantic City would be way more devastated by Pennsylvania video gaming if Borgata was not in this market,’ McDevitt said.
Borgata arrived to the Atlantic City market at any given time when the city was facing a severe perception issue. The town was regarded as attracting mainly older, lower-stakes gamblers, although the hipper and crowds that are high-stakes ‘rejecters’ of the AC casinos were moving on to Las vegas, nevada.
Upscale Marketing
The Borgata had been able to change that perception if not for the complete city, then at the very least for itself. Marketing itself squarely at those exact same rejecters, the Borgata featured shopping that is high-end entertainment venues, fine dining as well as the ‘Borgata Babes’ that served as cocktail waitresses. That combination has offered customers an experience which was previously unavailable within 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 sole Atlantic City casino they see.
For the anniversary that is tenth Borgata brought in a collection 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 a decade later, the casino is nevertheless set on attracting similar ‘rejecters’ that other Atlantic City casinos have actuallyn’t had the opportunity to put up onto.
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