Daniel Negreanu Down $226K in World Series 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 career is not having a year that is great far at WSOP. At minimum, not based on their tournament that is own tracking, 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 Profit 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 to the 31 occasions (with the priciest being the One Drop tall Rollers No limitation 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, along with a buy-in which was almost 1/10th of this past year’s $1 million, he made down with a ‘paltry’ $1,433,438 for this present 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 well over all in tournaments thus far this present year. Back in April, he took down WSOP Australia for $1,087,160, and also made his method 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 competition cashes and 35 place that is first, according to his Poker Pages position, 38-year-old Negreanu is rated as the sixth many successful competition player on the planet right now.

And, who understands? Maybe he are able to turn all of it around at the Main Event this 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 brand 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 brand new online casino websites under regulations would choose to take component. Still, few would have expected the response that state regulators have actually received.

All AC Casinos on Board

Based on state officials, all twelve casinos in Atlantic City have used to the Division of Gaming Enforcement become part of the very first round of on line site that is gambling. Casinos had until the end of June to share with their state about any partnerships they would be pursuing with software providers (domestic or worldwide) to be able to have a shot at to be able to launch their sites on the day that is opening of Jersey’s real money online gambling marketplace.

All twelve casinos have selected doing so, each partnering with a current online gambling company. Each partner will are in possession of until the end of July to use for 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 may have to hold back until after the initial start date.

While no launch that is official for New Jersey’s on line gambling was announced, it really is expected that state regulators will push to have sites up and running by November.

Some Silent Partners

While each and every casino has submitted information to the continuing 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 on-line poker which is to be had in Nevada but in addition for all online casino games 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 for his or her customers convenience in putting wagers on sporting activities will be getting visitors shortly, as the state-mandated removal of this devices kicks in on the weekend. Major kiosk provider William Hill be using them out of about 1 / 2 of those establishments, with other kiosk players like Cantor Gaming taking the remainder, and not most people are happy about it, to state the least.

Brand New Law Switches Into Effect

‘At the conclusion of the day, we’ll stick to 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 is going to be impacted with 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 reports, or deposit or withdraw cash, they will be able to put money into their mobile sports wagering accounts and keep abreast of lines on games. William Hill manager of business development Dan Shapiro claims their 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 will 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 recreations via betting kiosks in any bar, tavern or restaurant having a restricted gaming license, 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., and others had been instrumental in pushing for the ban, claiming recreations betting kiosks crossed the fuzzy line between the nonrestricted video gaming options of brick-and-mortar casinos, together with more limited restricted licenses of this normal bar 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 sports betting revenues received 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 Their Losses with Paula Deen

Paula Deen, the mythic high-cholesterol country chef who touted high-fat content the way De Beers touts diamonds, has eaten pretty much 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 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 for instance 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 to not restore their company partnership in regards to 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 as though she’s been branded enough to last an eternity now.

Walking the Plank

Despite endless public ‘mea culpas’ including a homey self-shot video in which Deen appears to weep for the anguish she says she has brought on by her actions she’s been unable to remove the tarnish from her now-tainted reputation, and appears to be setting up little fight to the domino-effect of businesses bailing on her one after another.

Caesars has issued the predictably non-inflammatory comment to spell out 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 means at the moment,’ said Caesars executive vice-president of communications and government affairs Jan Jones Blackhurst.

Despite the cut from Caesars and numerous others, perhaps not everyone has chose to jump ship from Deen’s company alliances. Companies including Alice 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 quit hope; nothing Americans love more than a story of falls from elegance followed closely by redemption. At the 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 mind and shoulders above its competition as the utmost property that is successful 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 drink tourist attractions, and all sorts of various aspects to the market in a big method,’ stated Bob McDevitt, president of the town’s largest casino union. ‘The other casinos are nevertheless chasing that.’

Pennsylvania Competition

It’s been more popular that Atlantic City as a whole has been struggling in current years, particularly because of extensive competition in neighboring Pennsylvania. The Borgata hasn’t been immune to these pressures either. Nevertheless, while the overall revenues for Atlantic City have dropped off more than 40 percent since their peak in 2006, the Borgata has continued to enhance its share of the gambling that is remaining there meaning the casino remains extremely profitable despite dropping revenues.

‘I think Atlantic City would be alot more devastated by Pennsylvania gaming if Borgata was not in this market,’ McDevitt said.

Borgata arrived to the Atlantic City market at the same time when the city was facing a perception issue that is serious. The city was seen as attracting primarily older, lower-stakes gamblers, although the hipper and crowds that are high-stakes ‘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 same rejecters, the Borgata showcased high-end shopping, entertainment venues, fine dining as well as the ‘Borgata Babes’ that served as cocktail waitresses. That combination has provided customers an experience which was formerly unavailable in 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 compared to the other casinos,’ he flight car reviews added, saying that the Borgata is the only real Atlantic City casino they see.

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 with comedian Aziz Ansari. The eclectic, hip mix showed that the decade later, the casino is nevertheless set on attracting the exact same ‘rejecters’ that other Atlantic City casinos haven’t been able to keep onto.

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