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

Canadian poker professional Daniel Negreanu who’s won five World variety of Poker (WSOP) bracelets and more than $18 million in tournament cashes throughout his illustrious poker career is devoid of a year that is great far at WSOP. At minimum, not in accordance with their very own tournament tracking software, 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 will certainly be impressive for most players.

Can’t Win for Losing

The downswing is basically because, despite the five cashes ( which have garnered him $45,088 to date), he’s poured $271,111 into the 31 events (with the priciest being the One Drop High Rollers No limitation Hold’em tournament that benefits nu car rental reviews 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 last year’s $1 million, he made off having a ‘paltry’ $1,433,438 for in 2010’s fourth place finish. Yes, the rich get richer).

Before you lose any sleep over Negreanu’s downward trend, however, consider this: he’s doing pretty much over all in tournaments up to now this year. Back in April, he took down WSOP Australia for $1,087,160, and also made his means to two non-WSOP tables that are final have earned him another total of $553,000. So they can probably pay for bus fare home, anyway.

Top-Ranked Player

Initially from Toronto, Negreanu is recognized as you of the players that are top the game today, along side names like Phil Ivey, Phil Hellmuth and Mike ‘The Mouth’ Matusow. With 189 life time tournament cashes and 35 place that is first, according to his Poker Pages ranking, 38-year-old Negreanu is rated as the sixth most successful competition player on earth now.

And, who knows? Possibly he can change it all around at the Main Event in 2010, 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 On-line Casino Gaming

Whenever brand New Jersey signed their online gambling bill into legislation earlier 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 what the law states would decide to take part. 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 a part of the first round of on line gambling site approvals. Casinos had before the end of June to share with the state about any partnerships they would be pursuing with software providers (domestic or international) 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 actually selected doing so, each partnering with an existing gambling company that is online. Each partner will are in possession of until the end of July to use with regards to their own licensing approval. If final applications aren’t received by that time, companies and casinos may still obtain a chance to participate in on the web gambling, but could have to hold back until after the start date that is initial.

While no official launch date for New Jersey’s online gambling was announced, its 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, maybe not all of them have 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 anybody 21 or older who is located in the state. The regulations allow not just for internet poker which is to be had in Nevada but also for all online casino games 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 for their customers convenience in putting wagers on sporting activities will be getting visitors shortly, as the state-mandated removal of the machines 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 Cantor Gaming taking the rest, and not everyone is happy about it, to express the least.

Brand New Law Goes Into Effect

‘At the conclusion of the day, we are going to stick to the law,’ 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 will be affected with a law that is new. ‘We’re unhappy about it. Our customers like sports wagering.’

Although customers will not be able to wager regarding the machines, open accounts, 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 director 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 sports that are mobile hotspots,’ said Shapiro. ‘ You can’t make a bet or withdraw money, but it shall accept cash deposits.’ We bet it will.

Restricted Vs. Unrestricted License Battle

The law that is new this change is Senate Bill 416, which bans betting sports via betting kiosks in just about 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., amongst others had been instrumental in pushing for the ban, claiming recreations betting kiosks crossed the fuzzy line between the nonrestricted gaming options of brick-and-mortar casinos, and the more restricted limited licenses for the normal club 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 per cent of the total $170 million in recreations betting revenues earned 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 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 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 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 arrived week that is last with Caesars saying they had reached a ‘mutual agreement’ with Paula Deen Enterprises never to renew their business 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 (new york), and Harrah’s Joliet in Illinois.

Caesars says they shall be rebranding the eateries once the contracts run away; Deen probably is like she’s been branded enough to last a very long time 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 says she has brought on by her actions she’s been unable to take away the tarnish from her now-tainted reputation, and seems to be adding small fight to the 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 the moment,’ said Caesars professional vice-president of communications and federal government affairs Jan Jones Blackhurst.

Despite the cut from Caesars and others that are many 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, poultry producer Springer Mountain Farms, and Epicurean Butter have all maintained their allegiances, so far, at least.

And Deen shouldn’t throw in the towel 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 sees the resort stand head 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 destinations, and all sorts of different aspects into the market in a huge method,’ stated Bob McDevitt, president for the city’s casino union that is largest. ‘The other casinos are still chasing that.’

Pennsylvania Competition

This has 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 immune to these pressures either. Nevertheless, while the overall revenues for Atlantic City have dropped off more than 40 % since their top in 2006, the Borgata has continued to boost its share of the staying gambling pie there meaning the casino remains really lucrative 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 arrived to the Atlantic City market at the same time when the city was facing a perception issue that is serious. The city was regarded as attracting primarily older, lower-stakes gamblers, even though the hipper and crowds that are high-stakes ‘rejecters’ of the AC casinos were moving on to Las Vegas.

Upscale Marketing

The Borgata managed 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 entertainment venues, fine dining as well as the ‘Borgata Babes’ that served as cocktail waitresses. That combination has given customers an event that has been previously unavailable into 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 only real Atlantic City casino they see.

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 with 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.