Daniel Negreanu Down $226K in World Series of Poker So Far

Canadian poker pro Daniel Negreanu who’s won five World number of Poker (WSOP) bracelets and more than $18 million in tournament cashes throughout his illustrious poker profession is devoid of a great 12 months therefore far at WSOP. At least, not according to their own tournament tracking application, 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 would certainly be impressive for most players.

Can’t Win for Losing

The downswing is because, inspite of the five cashes ( which have garnered him $45,088 up to now), he’s poured $271,111 to the 31 activities (with the priciest being the One Drop High Rollers No restriction Hold’em tournament that benefits charity and that paid champion Tony Gregg a healthy $4,830,619 for first. Last year’s $18 million + winner, Antonio Esfandiari, only took fourth this year, sufficient reason for a buy-in which was almost 1/10th of last 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, look at 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 final tables that have earned him another total of $553,000. So he can probably afford bus fare home, anyway.

Top-Ranked Player

Initially from Toronto, Negreanu is recognized as one 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 first spot finishes, in accordance with his Poker Pages ranking, 38-year-old Negreanu is rated as the sixth many successful competition player on earth right now.

And, who understands? Possibly he can change it all around at the Main Event in 2010, where a first place finish will most likely be into the $6-8 million range.

All Twelve Atlantic City Casinos Ready to Go for On-line Casino Gaming

When New Jersey signed their online gambling bill into law earlier in the day this year, it had been obvious that numerous of Atlantic City’s casinos the only entities allowed to operate the new casino that is online under regulations would decide to take component. Still, few would have anticipated the response that state regulators have received.

All AC Casinos on Board

According to state officials, all twelve casinos in Atlantic City have applied 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 hawaii about any partnerships they would be pursuing with software providers (domestic or worldwide) so that you can have a shot at having the ability to launch 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 an existing online gambling company. Each partner will now have until the conclusion of July to use with regards to their licensing that is own approval. If final applications are not received by that time, companies and casinos may nevertheless obtain a chance to engage in on the web gambling, but may have to wait until after the start date that is initial.

While no official launch date for New Jersey’s online gambling was announced, it really is 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 all of them have actually 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 nj will be offered to anyone 21 or older that is located in the state. The regulations allow not only for internet poker which is currently being offered in Nevada also for all casino that is online as well.

It is Goodbye Betting Kiosks, Hello Mobile Betting for Las Vegas

Nevada’s 84 statewide bars, taverns and eateries that house gambling kiosks with regards to their customers convenience in putting wagers on sporting events will be getting visitors shortly, as the removal that is state-mandated of devices kicks in on the weekend. Major kiosk provider William Hill be taking them out of about 50 % of those establishments, with other kiosk players like 2015carsreview2016.com Cantor Gaming taking the rest, and perhaps not many people are happy about it, to express the least.

Brand New Law Adopts Effect

‘At the conclusion of the day, we’ll proceed with the law,’ 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 is going to be impacted by way of a law that is new. ‘We’re unhappy about it. Our customers like sports wagering.’

Although customers will not be able to wager in the machines, open records, or deposit or withdraw cash, they will be able to put money into their mobile sports wagering records and keep abreast of lines on games. William Hill manager of business development Dan Shapiro says his Las Vegas-based company is trying to make lemonade out of lemons.

‘We are repositioning them from kiosks to sports that are mobile hotspots,’ said Shapiro. ‘ You can’t make a bet or withdraw money, but it shall accept money deposits.’ We bet it shall.

Restricted Vs. Unrestricted License Battle

The new law creating this change is Senate Bill 416, which bans betting activities via betting kiosks in any bar, tavern or restaurant by 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 land that is major interests like Station Casinos Inc. and Boyd Gaming Corp., amongst 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, together with a lot more limited restricted licenses regarding the average bar or tavern in Nevada.

The now-illegal betting 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 acquired by all sources year that is last. 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 country chef who touted high-fat content the way De Beers touts diamonds, has consumed almost 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 within 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 boiling-hot corn fritter.

Severing Ties

The announcement arrived last week, with Caesars saying that they had reached a ‘mutual agreement’ with Paula Deen Enterprises to not restore their company partnership as it pertains 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 (North Carolina), and Harrah’s Joliet in Illinois.

Caesars says they shall be rebranding the eateries once the contracts run away; Deen probably feels as though she’s got been branded enough to last an eternity 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 states she has caused by her actions she’s been unable to remove the tarnish from her now-tainted reputation, and appears to be adding small fight to the domino-effect of businesses bailing on her one after another.

Caesars has granted 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 part ways at the moment,’ said Caesars administrator vice-president of communications and 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 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, therefore far, at least.

And Deen should not stop trying hope; nothing Americans love more than a tale of falls from grace 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 views the resort stand head and shoulders above its competition as the most effective property in Atlantic City. Since its opening in 2003, Borgata has set out to attract higher-end customers than lots of the other Atlantic City casinos, a task it’s been able to accomplish in short order.

‘Borgata brought excitement, food and beverage tourist attractions, and all sorts of various aspects in to the market in a big way,’ stated Bob McDevitt, president regarding the town’s casino union that is largest. ‘The other casinos are still chasing that.’

Pennsylvania Competition

It’s been more popular that Atlantic City as an entire has been struggling in current 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 improve its share of the remaining gambling pie there meaning the casino remains really profitable despite falling revenues.

‘I think Atlantic City would be even more devastated by Pennsylvania video gaming if Borgata wasn’t in this market,’ McDevitt said.

Borgata came into the Atlantic City market at any given time when the city was facing a serious perception issue. The city was seen as attracting mainly older, lower-stakes gamblers, whilst the hipper and high-stakes crowds termed ‘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 entire city, then at the very least for itself. Marketing itself squarely at those exact same rejecters, the Borgata featured high-end shopping, entertainment venues, fine dining and the ‘Borgata Babes’ that served as cocktail waitresses. That combination has given customers an experience that has been previously 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 see.

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 side comedian Aziz Ansari. The eclectic, hip mix showed that a decade later, the casino is still set on attracting the same ‘rejecters’ that other Atlantic City casinos have actuallyn’t had the oppertunity to hold onto.

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