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

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 job is lacking a great 12 months therefore far at WSOP. At minimum, not in accordance with their 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 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, regardless of the five cashes ( which may have garnered him $45,088 thus far), he’s poured $271,111 into the 31 occasions (with the priciest being the One Drop tall Rollers No limitation 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, sufficient reason for a buy-in that was almost 1/10th of last year’s $1 million, he made off with 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 season. Back in April, he took straight down WSOP Australia for $1,087,160, and also made his method to two non-WSOP last tables that have earned him another total of $553,000. So they can probably afford bus fare home, anyway.

Top-Ranked Player

Initially from Toronto, Negreanu is recognized as one 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 competition cashes and 35 first place finishes, according to his Poker Pages position, 38-year-old Negreanu is rated as the sixth most successful competition player on the planet right now.

And, who understands? Possibly he are able to turn all of it around at the Main Event this year, 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

Whenever New Jersey signed their online gambling bill into law early in the day this year, it was obvious that many of Atlantic City’s casinos the only entities allowed to operate the brand new online casino sites under the law would elect to take component. Still, few would have expected the response that state regulators have received.

All AC Casinos on Board

According to state officials, all twelve casinos in Atlantic City have used to the Division of Gaming Enforcement to be an integral part of the very first round of on line gambling site approvals. Gambling enterprises had before the end of June to share with the state about any partnerships they would be pursuing with software providers (domestic or international) in order 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 plumped for to accomplish so, each partnering with an existing gambling company that is online. Each partner will now have until the end of July to apply for their licensing that is own approval. If final applications aren’t received by that time, companies and casinos may nevertheless get yourself a chance to take part in on line gambling, but might have to attend until after the start date that is initial.

While no launch that is official for New Jersey’s online gambling is 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 potential gambling partners, perhaps not them all have publicly announced who they are working with. Among the partnerships that have been made public are the Borgata’s move to do business with Bwin.party, the contract 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.

Once active, online gambling in New Jersey will be provided to anyone 21 or older that is found in the state. The regulations allow not only for online poker which is on offer in Nevada also for all casino that is online as well.

It’s Goodbye Betting Kiosks, Hey Mobile Betting for Las Vegas

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

Brand New Law Switches Into Effect

‘At the end of the day, we are going to proceed with the law,’ 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 over the state that will be affected by a law that is new. ‘We’re not happy about it. Our customers like sports wagering.’

Although customers will not be able to wager in the machines, open reports, or deposit or withdraw cash, they will remain able to place cash into their mobile sports betting records and keep abreast of lines on games. William Hill director of business development Dan Shapiro states his Las Vegas-based company is alamo car rental reviews 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 cash deposits.’ We bet it shall.

Restricted Vs. Unrestricted License Battle

The brand new law creating this modification is Senate Bill 416, which bans betting recreations via betting kiosks in almost any bar, tavern or restaurant with 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 sports betting kiosks crossed the fuzzy line between the nonrestricted gaming options of brick-and-mortar casinos, and the a great deal more restricted limited licenses for the average club 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 percent of the total $170 million in recreations betting profits made by all sources last 12 months. 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 nation chef whom touted high-fat content the way De Beers touts diamonds, has eaten more or less 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 like a boiling-hot corn fritter.

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 when it comes due. Companies are 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 will be rebranding the eateries once the contracts run away; Deen probably feels as though she’s got 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 remove the tarnish from her now-tainted reputation, and seems to be putting up small fight to your domino-effect of businesses bailing on her one after another.

Caesars has given the predictably non-inflammatory comment to explain 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 part ways at this time,’ said Caesars executive vice-president of communications and federal government affairs Jan Jones Blackhurst.

Despite the cut from Caesars and numerous others, maybe not everyone has decided 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 grace followed by redemption. At least, if Martha Stewart and dog-fighting breeder, torturer and killer Michael Vick are any example.

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 utmost successful property in 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 attractions, and all various aspects in to the market in a huge means,’ stated Bob McDevitt, president associated with the city’s largest casino union. ‘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 substantial competition in neighboring Pennsylvania. The Borgata hasn’t been immune to these pressures either. Nonetheless, while the overall revenues for Atlantic City have dropped down more than 40 percent since their peak in 2006, the Borgata has continued to improve its share of the remaining gambling pie there meaning the casino is still really profitable despite dropping revenues.

‘I think Atlantic City would be far more devastated by Pennsylvania 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 serious perception issue. The town was viewed as attracting mainly older, lower-stakes gamblers, whilst the hipper and high-stakes crowds termed ‘rejecters’ of the AC casinos were shifting to Las Vegas.

Upscale Marketing

The Borgata managed to change that perception if not for the entire city, then at the very least for itself. Advertising itself squarely at those same rejecters, the Borgata featured high-end shopping, activity venues, fine dining as well as the ‘Borgata Babes’ that served as cocktail waitresses. That combination has offered customers an experience that has been previously unavailable into 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 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 still set on attracting similar ‘rejecters’ that other Atlantic City casinos haven’t been able to keep onto.