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

Canadian poker pro Daniel Negreanu who’s won five World group 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 least, not based on his tournament that is own tracking, which shows him down $226,000 after barreling through 31 events already only at that 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 Profit for Losing

The downswing is really because, inspite of the five cashes ( which have garnered him $45,088 so far), he’s poured $271,111 into the 31 activities (with the priciest being the One Drop High Rollers No Limit 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 which was almost 1/10th of last year’s $1 million, he made down having a ‘paltry’ $1,433,438 for in 2010′s fourth place finish. Yes, the rich get richer).

Before you lose any rest over Negreanu’s downward trend, however, consider this: he’s doing pretty well over all in tournaments so far this year. Back in April, he took straight down WSOP Australia for $1,087,160, and also made his way to two non-WSOP last tables that have earned him another total of $553,000. So he is able to probably manage 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 competition cashes and 35 first place finishes, in accordance with his Poker Pages ranking, 38-year-old Negreanu is ranked as the sixth most successful competition player in the world right now.

And, who knows? Perhaps he are able to turn it all 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 On-line Casino Gaming

Whenever brand New Jersey finalized their online gambling bill into legislation early in the day this year, it had been obvious that numerous of Atlantic City’s casinos the only entities allowed to operate the latest online casino internet sites under regulations would decide to take component. Still, few would have expected the response that state regulators have actually gotten.

All AC Casinos on Board

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

All twelve casinos have chosen doing so, each partnering with an existing online gambling company. Each partner will now have until the end of July to use for his or her own licensing approval. If final applications are not received by that time, companies and casinos may nevertheless obtain a chance to take part in on the web gambling, but might have to wait until after the start date that is initial.

While no formal launch date for New Jersey’s on line gambling has been announced, it really is anticipated 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 state about their possible gambling partners, not them all have actually publicly announced who they really 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-new jersey will be provided to anyone 21 or older that is found in the state. The regulations allow not only for on-line poker which is to be had in Nevada but in addition for all casino that is online as well.

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

Nevada’s 84 statewide bars, taverns and eateries that house betting kiosks for their customers convenience in placing wagers on sporting events will be getting visitors shortly, as the removal that is state-mandated of machines kicks in on the weekend. Major kiosk provider William Hill be using them out of about half of those establishments, with other kiosk players like Cantor Gaming taking the remainder, and not many people are happy about it, to state the least.

Brand New Law Adopts Effect

‘At the end of the day, we are going to 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 throughout the state that is affected 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 nevertheless be able to place cash into their mobile sports betting records and keep abreast of lines on games. William Hill manager of business development Dan Shapiro claims their Las company that is vegas-based 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 shall.

Restricted Vs. Unrestricted License Battle

The brand new law creating this change is Senate Bill 416, which bans betting sports via betting kiosks in almost any bar, tavern or restaurant by having a restricted gaming license, meaning they can have no 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 activities betting kiosks crossed the fuzzy line between the nonrestricted video gaming options of brick-and-mortar casinos, together with a lot more limited limited licenses associated with typical 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 activities betting revenues gained 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 Paula Deen to their losses

Paula Deen, the mythic high-cholesterol nation chef whom touted high-fat content the way De Beers touts diamonds, has consumed more or less everything on her television show; but now, she no doubt just wishes she could eat her words. 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 just like a corn fritter that is boiling-hot.

Severing Ties

The announcement came final week, with Caesars saying they had reached a ‘mutual agreement’ with Paula Deen Enterprises to not renew their business partnership as it pertains due. Companies were 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 shall be rebranding the eateries once the contracts run out; Deen probably feels as though she’s got 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 claims she has brought on by her actions she’s got been unable to eliminate the tarnish from her now-tainted reputation, and seems to be setting up small battle to your domino-effect of businesses bailing on her one after another.

Caesars has issued the predictably non-inflammatory comment to explain their latest severing. ‘ After thoughtful consideration of the effect, we’ve mutually decided that it is in the best interests of both parties to component methods at this time,’ said Caesars administrator vice-president of communications and government affairs Jan Jones Blackhurst.

Despite the cut from Caesars and others that are many not everyone has chose to jump ship from Deen’s business 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, therefore far, at least.

And Deen shouldn’t stop trying hope; nothing Americans love more than a story of falls from elegance accompanied by redemption. At the very 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 mind and shoulders above its competition as the most 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 different aspects into the market in a huge way,’ said Bob McDevitt, president associated with 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 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 per cent since their peak in 2006, the Borgata has continued to enhance its share of the gambling that is remaining there meaning the casino continues to be very profitable despite falling revenues.

‘I think Atlantic City would be alot more devastated by Pennsylvania video gaming if Borgata had not been 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 town had been viewed as attracting mainly older, lower-stakes gamblers, even though the hipper and crowds that are high-stakes ‘rejecters’ of the AC casinos were moving forward to Las Vegas.

Upscale Marketing

The Borgata had been 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 as well as the ‘Borgata Babes’ that served as cocktail waitresses. That combination has provided customers an event that has been previously unavailable within 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 added, saying that the Borgata is the sole Atlantic City casino they see.

For the anniversary that is tenth Borgata brought in an budget rental car reviews 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 the decade later, the casino is nevertheless set on attracting exactly the same ‘rejecters’ that other Atlantic City casinos have actuallyn’t been able to put up onto.