Daniel Negreanu Down $226K in World number of Poker So Far
Canadian poker professional Daniel Negreanu who’s won five World number of Poker (WSOP) bracelets and more than $18 million in tournament cashes throughout his illustrious poker job is not having a great year so far at WSOP. At minimum, not based on his very own tournament tracking application, which shows him down $226,000 after barreling through 31 events already at 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 may certainly be impressive for many players.
Can’t Win for Losing
The downswing is basically because, regardless of 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 restriction Hold’em tournament that benefits charity and that paid winner 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 that was almost 1/10th of this past year’s $1 million, he made down with 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 much 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 final tables that have earned him another total of $553,000. So he is able to probably afford 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 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 tournament player on the planet at this time.
And, who knows? Possibly he can turn all of it around at the Main Event this present year, where a beginning finish will most likely be into the $6-8 million range.
All Twelve Atlantic City Casinos Ready to Go for Online Casino Gaming
Whenever New Jersey signed their online gambling bill into legislation earlier in the day this year, it had been obvious that many of Atlantic City’s casinos the only entities allowed to operate the newest casino that is online under regulations 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 applied to the Division of Gaming Enforcement become a part of the very first round of on line gambling site approvals. Gambling enterprises had until the end of June to inform 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 day that is opening of Jersey’s real money online gambling marketplace.
All twelve casinos have actually chosen to do so, each partnering with an existing gambling company that is online. Each partner will are in possession of until the conclusion of July to apply because of their licensing that is own approval. If final applications aren’t received by that time, companies and casinos may still obtain a chance to take part in on the web gambling, but may have to hold back until after the initial start date.
While no official launch date for New Jersey’s online gambling was announced, it is anticipated 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, maybe not them all have actually publicly announced who they are working with. Among the partnerships which 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 and also the Trump Taj Mahal.
Once active, online gambling in nj will be offered to anybody 21 or older who is found in the state. The regulations allow not only for on-line poker which is currently on offer in Nevada also for all online casino games as well.
It is Goodbye Betting Kiosks, Hey Mobile Betting for Las Vegas
Nevada’s 84 statewide bars, taverns and eateries that house betting kiosks because of their customers convenience in placing wagers on sporting activities will be getting visitors shortly, as the state-mandated removal of the devices kicks in on the weekend. Major kiosk provider William Hill be taking them out of approximately half of those establishments, with other kiosk players like Cantor Gaming taking the others, and perhaps not many people are happy about it, to state the least.
New Law Switches Into Effect
‘At the finish 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 affected by way of a new law. ‘We’re not happy about it. Our customers like sports wagering.’
Although customers will no longer be able to wager regarding the machines, open records, or deposit or withdraw cash, they will still be able to put money into their mobile sports betting records and keep abreast of lines on games. William Hill director of business development Dan Shapiro says their Las company that is vegas-based trying to make lemonade away from lemons.
‘We are repositioning them from kiosks to sports that are mobile hotspots,’ said Shapiro. ‘ You can’t make a bet or withdraw cash, but it will accept cash deposits.’ We bet it will.
Restricted Vs. Unrestricted License Battle
The law that is new this change is Senate Bill 416, which bans betting activities via betting kiosks in just about any bar, tavern or restaurant by having 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 land that is major interests like Station Casinos Inc. and Boyd Gaming Corp., amongst others had been instrumental in pushing for the ban, claiming sports betting kiosks crossed the fuzzy line between the nonrestricted gaming options of brick-and-mortar casinos, additionally the a great deal more limited restricted licenses of this typical bar 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 % 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 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 eaten more or less 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 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.
Severing Ties
The announcement arrived week that is last with Caesars saying they had reached a ‘mutual agreement’ with Paula Deen Enterprises never to restore their company 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 (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 has been branded enough to last a lifetime 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 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 explain 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 many more, maybe not everyone has decided to jump ship from Deen’s company 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 should not give up hope; nothing Americans love more than a story of falls from elegance accompanied by redemption. At least, if Martha Stewart and breeder that is dog-fighting 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 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 gambling enterprises, a task it’s been able to accomplish in brief order.
‘Borgata brought excitement, food and drink destinations, and all sorts of different aspects into the market in a large method,’ said Bob McDevitt, president of the town’s largest casino union. ‘The other casinos are nevertheless chasing that.’
Pennsylvania Competition
This has been widely recognized 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. However, while the overall revenues for Atlantic City have dropped down more than 40 % since their top in 2006, the Borgata has proceeded to boost its share of the gambling that is remaining there meaning the casino continues to be really profitable despite dropping revenues.
‘I think Atlantic City would be even more devastated by Pennsylvania gaming if Borgata wasn’t in this market,’ McDevitt said.
Borgata arrived to the Atlantic City market at any given time when the city was facing a perception issue that is serious. The city had been viewed as attracting primarily older, lower-stakes gamblers, whilst the hipper and high-stakes crowds termed ‘rejecters’ for the AC casinos were moving forward to Las Vegas.
Upscale Marketing
The Borgata managed to change that perception then at least for itself if not for the whole city. Marketing itself squarely at those exact same rejecters, the Borgata showcased shopping that is high-end activity venues, fine dining and the ‘Borgata Babes’ that served as cocktail waitresses. That combination has offered customers an event which was formerly 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 compared to the other casinos,’ he added, saying that the Borgata is the only real Atlantic City casino they visit.
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 the decade later, the casino is still set on attracting the exact same ‘rejecters’ that other Atlantic City casinos have actuallyn’t had the oppertunity to hold onto.