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

Canadian poker professional Daniel Negreanu who’s won five World group of Poker (WSOP) bracelets and more than $18 million in tournament cashes throughout his illustrious poker profession is lacking a great 12 months so far at WSOP. At minimum, not based on his tournament that is own tracking, which shows him down $226,000 after barreling through 31 events already as of this 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 will certainly be impressive for most players.

Can’t Win for Losing

The downswing is really because, regardless of the five cashes ( which have garnered him $45,088 up to now), he’s poured $271,111 into the 31 occasions (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. Last year’s $18 million + winner, Antonio Esfandiari, only took fourth this year, sufficient reason for a buy-in which was almost 1/10th of this past year’s $1 million, he made down by 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, think about this: he’s doing pretty much over all in tournaments thus far in 2010. Back in April, he took straight 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 pay for bus fare home, anyway.

Top-Ranked Player

Initially from Toronto, Negreanu is recognized as you of the top players in the overall game today, along with names like Phil Ivey, Phil Hellmuth and Mike ‘The Mouth’ Matusow. With 189 life time tournament cashes and 35 first destination finishes, according to his Poker Pages ranking, 38-year-old Negreanu is ranked as the sixth many successful competition player on the planet right now.

And, who understands? Perhaps he are able to turn it all around at the Main Event this present year, where a beginning finish will most likely be in the $6-8 million range.

All Twelve Atlantic City Casinos Ready to Go for On-line Casino Gaming

Whenever 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 sites under the law would elect to take part. Still, few would have expected the response that state regulators have actually gotten.

All AC Casinos on Board

In accordance with state officials, all twelve casinos in Atlantic City have used to the Division of Gaming Enforcement to be part of the first round of online site that is gambling. Gambling enterprises had before the end of June to tell hawaii about any partnerships they would be pursuing with software providers (domestic or worldwide) so that you can have a shot at to be able to introduce their sites on the opening day of the latest Jersey’s real money online gambling marketplace.

All twelve casinos have plumped for doing so, each partnering with a current online gambling company. Each partner will are in possession of until the end of July to apply with regards to their own licensing approval. If final applications aren’t gotten by that time, companies and casinos may nevertheless get a chance to engage in online gambling, but could have to attend until after the initial begin date.

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

Some Silent Partners

Whilst every casino has submitted information to the state about their potential gambling partners, perhaps not them all have actually publicly announced who they really are working with. Among the partnerships that have been made public are the Borgata’s move to work well 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 therefore the Trump Taj Mahal.

Once active, online gambling in nj-new jersey will be offered to anyone 21 or older who’s found in the state. The regulations allow not only for online poker which happens to be to be had in Nevada but in addition for all online casino games as well.

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

Nevada’s 84 statewide bars, taverns and eateries that house gambling kiosks because of their customers convenience in placing wagers on sporting activities will be getting visitors shortly, as the state-mandated removal associated with the machines 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 perhaps 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 follow the legislation,’ said 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 across the state that is impacted by a new law. ‘We’re unhappy about it. Our customers like sports wagering.’

Although customers will not be able to wager in the machines, open records, or deposit or withdraw cash, they will remain able to place money into their mobile sports gambling records and keep abreast of lines on games. William Hill director of business development Dan Shapiro states 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 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 every 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 major land casino 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, together with far more limited restricted licenses associated with normal bar or tavern in Nevada.

The now-illegal wagering kiosks had generated $600,000 in profits in 2012, which amounts up sixt rental car reviews to a tiny 0.35 percent of the total $170 million in recreations betting revenues gained 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 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 just about 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 worker continues, as Caesars Entertainment becomes the latest in a slew of business partners to drop Deen from their rosters like a corn fritter that is boiling-hot.

Severing Ties

The announcement arrived last week, with Caesars saying that they had reached a ‘mutual agreement’ with Paula Deen Enterprises never to renew their company partnership as it pertains due. Companies are 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 (North Carolina), and Harrah’s Joliet in Illinois.

Caesars says they shall be rebranding the eateries once the contracts run out; Deen probably feels like she’s 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 says she has caused by her actions she’s got been unable to remove the tarnish from her now-tainted reputation, and seems to be adding little battle 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 their effect, we now have mutually decided that it is in the desires of both parties to part ways at this time,’ said Caesars professional vice-president of communications and federal 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 Alice that is including 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 should not stop trying hope; nothing Americans love more than a story of falls from elegance followed closely by redemption. At least, if Martha Stewart and dog-fighting breeder, 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 most property that is successful Atlantic City. Since its opening in 2003, Borgata has set out to attract higher-end customers than lots of the other Atlantic City gambling enterprises, a task it’s been able to accomplish in quick order.

‘Borgata brought excitement, food and drink destinations, and all various aspects to the market in a large method,’ stated Bob McDevitt, president associated with the town’s casino union that is largest. ‘The other casinos are still chasing that.’

Pennsylvania Competition

It has been widely recognized that Atlantic City as a whole has been struggling in present years, particularly because of considerable competition in neighboring Pennsylvania. The Borgata hasn’t been immune to these pressures either. Nevertheless, while the overall revenues for Atlantic City have dropped down more than 40 percent since their top in 2006, the Borgata has continued to boost its share of the remaining gambling pie there meaning the casino continues to be extremely 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 arrived to the Atlantic City market at the same time when the city was facing a serious perception issue. The town was regarded as attracting mainly older, lower-stakes gamblers, as the hipper and high-stakes crowds termed ‘rejecters’ of the AC casinos were moving on 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 exact same rejecters, the Borgata featured high-end shopping, activity venues, fine dining plus 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 than the other casinos,’ he added, saying that the Borgata is truly the only Atlantic City casino they visit.

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 side comedian Aziz Ansari. The eclectic, hip mix showed that the decade later, the casino is still set on attracting exactly the same ‘rejecters’ that other Atlantic City casinos have actuallyn’t been able to put up onto.