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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 lacking a year that is great far at WSOP. At least, not according to 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 most players.

Can’t Win for Losing

The downswing is because, despite the five cashes ( that have garnered him $45,088 to date), he’s poured $271,111 into the 31 events (with the priciest being the One Drop tall 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, and with a buy-in that was almost 1/10th of this past 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 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 they can probably manage bus fare home, anyway.

Top-Ranked Player

Originally from Toronto, Negreanu is recognized as one of the top players in the overall 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 position, 38-year-old Negreanu is ranked as the sixth many successful competition player on earth at this time.

And, who knows? Perhaps he are able to turn it all around at the Main Event this year, where a place that is first will most likely be into the $6-8 million range.

All Twelve Atlantic City Casinos Ready to Go for Online Casino Gaming

When New Jersey signed their online gambling bill into legislation previously this year, it was 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 applied to the Division of Gaming Enforcement become an integral part of the first round of on line site that is gambling. Casinos had until the end of June to share with the 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 introduce their sites on the day that is opening of Jersey’s real money online gambling market.

All twelve casinos have actually opted for to complete so, each partnering with an existing online gambling company. Each partner will are in possession of until the conclusion 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 participate in on the web gambling, but might have to wait until after the start date that is initial.

While no launch that is official for New Jersey’s on line gambling is announced, it really is expected 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, perhaps not them all have publicly announced who they are working with. Among the partnerships which have been made public are the Borgata’s move to work 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 offered to anyone 21 or older who’s located in the state. The regulations allow not just for internet poker which happens to be being offered in Nevada also for all casino that is online as well.

It’s Goodbye Betting Kiosks, Hi 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 activities 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 about half of those establishments, with other kiosk players like Cantor Gaming taking the others, and maybe not many people are happy about it, to express the least.

Brand New Law Goes Into Effect

‘At the end of the day, we’ll stick to 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 will likely be affected with a new law. ‘We’re unhappy about it. Our customers like sports wagering.’

Although customers will not be able to wager on the machines, open accounts, or deposit or withdraw cash, they will still be able to place cash into their mobile sports gambling records and keep abreast of lines on games. William Hill director of business development Dan Shapiro states his 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 money, but it’s going to accept money deposits.’ We bet it shall.

Restricted Vs. Unrestricted License Battle

The law that is new this modification is Senate Bill 416, which bans betting activities via betting kiosks in any bar, tavern or restaurant with a restricted gaming permit, 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., and others ended up being instrumental in pushing for the ban, claiming sports betting kiosks crossed the fuzzy line between the nonrestricted video gaming options of brick-and-mortar casinos, additionally the a lot more restricted limited licenses associated with 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 recreations betting profits earned by all sources final year. 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 country chef whom touted high-fat content the way De Beers touts diamonds, has eaten nearly 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 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 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 company partnership when considering due. Companies have 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 shall be rebranding the eateries once the contracts run down; 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 brought on by her actions she has been unable to remove the tarnish from her now-tainted reputation, and appears to be setting up little fight to your domino-effect of businesses bailing on her one after another.

Caesars has granted the predictably non-inflammatory comment to spell out their severing that is latest. ‘ After thoughtful consideration of these effect, we have mutually decided that it is in the best interests of both parties to component means at the moment,’ said Caesars professional vice-president of communications and government affairs Jan Jones Blackhurst.

Despite the cut from Caesars and many others, perhaps 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 more chilli slot machine tips Butter have all maintained their allegiances, so far, at least.

And Deen shouldn’t quit hope; nothing Americans love more than a tale of falls from grace followed closely by redemption. At the very least, if Martha Stewart and breeder that is dog-fighting 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 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 sorts of different aspects in to the market in a big way,’ said Bob McDevitt, president of the town’s largest casino union. ‘The other casinos are nevertheless chasing that.’

Pennsylvania Competition

It’s been widely recognized that Atlantic City as an entire has been struggling in present years, particularly because of extensive competition in neighboring Pennsylvania. The Borgata hasn’t been resistant to these pressures either. Nevertheless, while the overall revenues for Atlantic City have dropped off more than 40 % since their peak in 2006, the Borgata has continued to enhance its share of the remaining gambling pie there meaning the casino continues to be really lucrative despite dropping revenues.

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

Borgata came into the Atlantic City market at any given 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’ of the AC casinos were moving forward to Las vegas, nevada.

Upscale Marketing

The Borgata managed to change that perception if not for your whole city, then at least for itself. Marketing itself squarely at those exact same rejecters, the Borgata featured shopping that is high-end entertainment venues, fine dining and the ‘Borgata Babes’ that served as cocktail waitresses. That combination has provided customers an experience that was 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 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 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 nevertheless set on attracting the same ‘rejecters’ that other Atlantic City casinos have actuallyn’t been able to keep onto.

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