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 devoid of a great 12 months so far at WSOP. At least, not according to his very own tournament tracking software, which shows him down $226,000 after barreling through 31 events already at 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 really because, regardless of the five cashes ( which may have garnered him $45,088 up to now), he’s poured $271,111 in to the 31 occasions (with the priciest being the One Drop tall Rollers No Limit 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, along with a buy-in which was almost 1/10th of last year’s $1 million, he made down 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, look at this: he’s doing pretty well over all in tournaments up to now this 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.
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 life time tournament cashes and 35 place that is first, based on his Poker Pages position, 38-year-old Negreanu is ranked as the sixth most successful competition player on the planet right now.
And, who knows? Possibly he can turn all of it around at the Main Event this 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 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 the latest casino that is online under what the law states would decide to take component. Still, few would have expected the response that state regulators have received.
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 part of the very first round of on line site that is gambling. Gambling enterprises had until the end of June to share with hawaii about any partnerships they would be pursuing with software providers (domestic or worldwide) to be able to have a shot at being able to introduce their sites on the opening day of the latest Jersey’s real money online gambling market.
All twelve casinos have actually selected to accomplish so, each partnering with a current online gambling company. Each partner will are in possession of until the conclusion of July to use due to their licensing that is own approval. If final applications are not received by that time, companies and casinos may nevertheless get a chance to take part in on the web gambling, but might have to attend until after the initial begin date.
While no official launch date for New Jersey’s online gambling has been announced, its anticipated 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 state about their possible gambling partners, perhaps not them all have publicly announced who they 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 provided to anybody 21 or older who’s found more chilli slot sound in the state. The regulations allow not just for internet poker which is currently on offer in Nevada but in addition for all casino that is online as well.
It’s Goodbye Betting Kiosks, Hi Mobile Betting for Las Vegas
Nevada’s 84 statewide bars, taverns and eateries that house betting kiosks due to their customers convenience in placing 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 taking them out of about half of those establishments, with other kiosk players like Cantor Gaming taking the remainder, and maybe not everyone is happy about it, to say the least.
New Law Goes Into Effect
‘At the end of the day, we’ll 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 many restricted license operations across the state that are going to be impacted by a new legislation. ‘We’re not happy about it. Our customers like sports wagering.’
Although customers will no longer be able to wager in the machines, open accounts, or deposit or withdraw cash, they will still be able to place money into their mobile sports gambling records and keep abreast of lines on games. William Hill director of business development Dan Shapiro claims 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 money, but it shall accept money deposits.’ We bet it will.
Restricted Vs. Unrestricted License Battle
The new law creating this change is Senate Bill 416, which bans betting activities via betting kiosks in almost any bar, tavern or restaurant having 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 had been instrumental in pushing for the ban, claiming activities betting kiosks crossed the fuzzy line between the nonrestricted gaming options of brick-and-mortar casinos, together with much more limited limited licenses of this typical 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 recreations betting revenues made 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 Their Losses with Paula Deen
Paula Deen, the mythic high-cholesterol nation chef whom touted high-fat content the way De Beers touts diamonds, has eaten nearly everything on her TV show; but now, she no doubt just wishes she could eat her terms. The freefalling down-spiral from disclosing a 30-year-old racial slur talked within 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 corn fritter that is boiling-hot.
The announcement came final week, with Caesars saying that they had reached a ‘mutual agreement’ with Paula Deen Enterprises never to restore their company partnership when it comes due. Companies are 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 down; Deen probably feels as though she’s 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 states she has caused by her actions she’s been unable to eliminate the tarnish from her now-tainted reputation, and is apparently 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 these impact, we have mutually decided that it is in the needs of both parties to component ways at the moment,’ said Caesars administrator vice-president of communications and government affairs Jan Jones Blackhurst.
Despite the cut from Caesars and numerous others, maybe not everyone has chose to jump ship from Deen’s company alliances. Companies Alice that is including 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 call it quits hope; nothing Americans love more than a story of falls from grace followed closely by redemption. At the 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 views the resort stand mind and shoulders above its competition as the utmost property that is successful Atlantic City. Since its opening in 2003, Borgata has set out to attract higher-end customers than most of the other Atlantic City gambling enterprises, a task it’s been able to accomplish in quick order.
‘Borgata brought excitement, food and beverage destinations, and all different aspects to the market in a big method,’ stated Bob McDevitt, president for the city’s largest casino union. ‘The other casinos are still chasing that.’
It has been more popular that Atlantic City as an entire has been struggling in recent years, particularly because of extensive competition in neighboring Pennsylvania. The Borgata hasn’t been resistant to these pressures either. Nonetheless, while the overall revenues for Atlantic City have dropped down more than 40 per cent since their top in 2006, the Borgata has proceeded to enhance its share of the staying gambling pie there meaning the casino is still extremely lucrative despite dropping revenues.
‘I think Atlantic City would be much more devastated by Pennsylvania video gaming if Borgata had not been in this market,’ McDevitt said.
Borgata came into the Atlantic City market at any given time when the city was facing a severe perception issue. The city was regarded as attracting primarily older, lower-stakes gamblers, even though the hipper and high-stakes crowds termed ‘rejecters’ of the AC casinos were shifting to vegas.
The Borgata managed to change that perception if not for your whole city, then at least for itself. Marketing itself squarely at those exact same rejecters, the Borgata showcased high-end shopping, activity venues, fine dining as well as the ‘Borgata Babes’ that served as cocktail waitresses. That combination has offered customers an event that has been 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 truly the only Atlantic City casino they visit.
For the tenth anniversary, Borgata brought in a collection of musical guests 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 equivalent ‘rejecters’ that other Atlantic City casinos have actuallyn’t had the opportunity to put up onto.