Daniel Negreanu Down $226K in World number of Poker So Far
Canadian poker professional Daniel Negreanu who’s won five World variety of Poker (WSOP) bracelets and more than $18 million in tournament cashes throughout his illustrious poker profession is lacking a great 12 months so far at WSOP. At least, not according to 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 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 would certainly be impressive for most players.
Can’t Win for Losing
The downswing is basically because, despite the five cashes ( which may have garnered him $45,088 so far), he’s poured $271,111 into the 31 events (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 down by having a ‘paltry’ $1,433,438 for this season’s fourth place finish. Yes, the rich get richer).
Before you lose any sleep over Negreanu’s downward trend, however, consider this: he’s doing pretty much 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 means to two non-WSOP tables that are final have earned him another total of $553,000. So he is able to probably pay for bus fare home, anyway.
Initially 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 first place finishes, according to his Poker Pages ranking, 38-year-old Negreanu is rated as the sixth most successful tournament player in the world now.
And, who understands? Perhaps 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 early in the day this year, it had been obvious that many of Atlantic City’s casinos the only entities allowed to operate the brand new online casino internet sites under what the law states would choose to take component. Still, few would have expected the response that state regulators have received.
All AC Casinos on Board
In accordance with state officials, all twelve casinos in Atlantic City have used to the Division of Gaming Enforcement to be an integral part of the 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) so that you can have a shot at to be able to launch their sites on the opening day of New Jersey’s real money online gambling marketplace.
All twelve casinos have actually chosen to do so, each partnering with an existing online gambling company. Each partner will are in possession of until the end of July to use for his or her own licensing approval. If final applications are not gotten by that time, companies and casinos may still get yourself a chance to take part in on the web gambling, but may have to hold back until after the initial begin date.
While no launch that is official for New Jersey’s online gambling is announced, its expected that state regulators will push to have sites up and running by November.
Some Silent Partners
While every casino has submitted information to the continuing state about their prospective gambling partners, not all of them have actually publicly announced who they are working with. Among the partnerships that have been made public are the Borgata’s move to utilize Bwin.party, the agreement between Caesars Entertainment (which owns four casinos in Atlantic City) and 888 Holdings, and a recent deal between Ultimate Gaming while the Trump Taj Mahal.
Once active, online gambling in nj-new jersey will be provided to anybody 21 or older who is found in the state. The regulations allow not just for on-line poker which is currently being offered in Nevada but also 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 gambling kiosks for his or her customers convenience in placing wagers on sporting activities will be getting visitors shortly, as the state-mandated removal for the devices myfreepokies.com kicks in on the weekend. Major kiosk provider William Hill be taking them out of approximately 1 / 2 of those establishments, with other kiosk players like Cantor Gaming taking the remainder, and not everyone is happy about it, to express the least.
New Law Switches Into Effect
‘At the finish of the day, we’ll proceed with the legislation,’ 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 going to be affected by a law that is new. ‘We’re not happy about it. Our customers like sports wagering.’
Although customers will no longer be able to wager in the machines, open records, or deposit or withdraw cash, they will be able to put cash into their mobile sports betting accounts and keep abreast of lines on games. William Hill manager of business development Dan Shapiro says his Las company that is vegas-based trying to make lemonade out of 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 will.
Restricted Vs. Unrestricted License Battle
The brand new law creating this modification is Senate Bill 416, which bans betting recreations via betting kiosks in every bar, tavern or restaurant by having a restricted gaming permit, meaning they can have no 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 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, together with far more restricted restricted licenses regarding the average club or tavern in Nevada.
The now-illegal wagering kiosks had generated $600,000 in profits in 2012, which amounts to a tiny 0.35 per cent of the total $170 million in activities betting revenues received 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 employee continues, as Caesars Entertainment becomes the latest in a slew of business partners to drop Deen from their rosters such as a boiling-hot corn fritter.
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 have now been severing ties with 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 away; Deen probably is 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 says she has brought on by her actions she’s got been unable to take away the tarnish from her now-tainted reputation, and appears to be adding small battle to your domino-effect of businesses bailing on her one after another.
Caesars has released the predictably non-inflammatory comment to describe 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 component methods at the moment,’ said Caesars administrator 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 chose 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, therefore far, at least.
And Deen should not give up hope; nothing Americans love more than a tale of falls from elegance followed by redemption. At the least, if Martha Stewart and dog-fighting breeder, 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 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 beverage tourist attractions, and all sorts of different aspects in to the market in a huge way,’ stated Bob McDevitt, president of the city’s largest casino union. ‘The other casinos are nevertheless chasing that.’
It’s been widely recognized that Atlantic City as an entire has been struggling in recent years, particularly because of considerable competition in neighboring Pennsylvania. The Borgata hasn’t been resistant to these pressures either. Nonetheless, 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 remaining gambling pie there meaning the casino continues to be very lucrative despite dropping revenues.
‘I think Atlantic City would be a great deal more devastated by Pennsylvania gaming if Borgata had not been in this market,’ McDevitt said.
Borgata arrived to the Atlantic City market at a time when the city was facing a perception issue that is serious. The town had been viewed as attracting mainly older, lower-stakes gamblers, even though the hipper and high-stakes crowds termed ‘rejecters’ of the AC casinos were moving on to Las Vegas.
The Borgata was able to change that perception then at least for itself if not for the whole city. Advertising itself squarely at those same rejecters, the Borgata featured shopping that is high-end activity venues, fine dining plus the ‘Borgata Babes’ that served as cocktail waitresses. That combination has offered customers an event which was previously unavailable in 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 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 an accumulation 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 still set on attracting equivalent ‘rejecters’ that other Atlantic City casinos have actuallyn’t been able to hold onto.