Daniel Negreanu Down $226K in World Series 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 profession is lacking a year that is great far at WSOP. At minimum, not in accordance with his own tournament tracking application, which shows him down $226,000 after barreling through 31 events already at 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 would certainly be impressive for most players.

Can’t Profit for Losing

The downswing is because, regardless of the five cashes ( which have garnered him $45,088 so far), he’s poured $271,111 to the 31 occasions (with the priciest being the One Drop High Rollers No limitation 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 that was almost 1/10th of last year’s $1 million, he made off having a ‘paltry’ $1,433,438 for this present year’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 present year. 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 they can probably afford bus fare home, anyway.

Top-Ranked Player

Originally from Toronto, Negreanu is recognized as one of the players that are top the game today, along side names like Phil Ivey, Phil Hellmuth and Mike ‘The Mouth’ Matusow. With 189 lifetime competition cashes and 35 place that is first, in accordance with his Poker Pages position, 38-year-old Negreanu is ranked as the sixth most successful tournament player in the world at this time.

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

All Twelve Atlantic City Casinos Ready to Go for Online 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 latest online casino sites under regulations would choose to take component. Still, few would have anticipated the response that state regulators have actually gotten.

All AC Casinos on Board

Based on state officials, all twelve casinos in Atlantic City have used to the Division of Gaming Enforcement become part of the very first round of online site that is gambling. Casinos had until the end of June to inform hawaii about any partnerships they would be pursuing with software providers (domestic or worldwide) in order to have a shot at being able to introduce their sites on the day that is opening of Jersey’s real money online gambling market.

All twelve casinos have actually chosen doing so, each partnering with an existing gambling company that is online. Each partner will now have until the finish of July to apply with regards to their own licensing approval. If final applications are not gotten 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 launch that is official for New Jersey’s online gambling has been announced, it’s anticipated that state regulators will push to have sites up and running by November.

Some Silent Partners

Whilst each and every casino has submitted information to the continuing state about their potential gambling partners, perhaps not all of them 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 also 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 internet poker which is on offer 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 betting kiosks because of their customers convenience in putting wagers on sporting events will be getting visitors shortly, as the removal that is state-mandated of devices kicks in on the weekend. Major kiosk provider William Hill be using them out of approximately 1 / 2 of those establishments, with other kiosk players like Cantor Gaming taking the remainder, and perhaps not everyone is happy about it, to express the least.

Brand New Law Switches Into Effect

‘At the finish of the day, we’ll stick to 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 throughout the state that is impacted by 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 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 manager of business development Dan Shapiro says his 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’s going to accept money deposits.’ We bet it will.

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 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 major land casino 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 gaming options of brick-and-mortar casinos, and the a great deal more limited limited licenses regarding the typical club or tavern in Nevada.

The now-illegal wagering kiosks had generated $600,000 in profits in 2012, which amounts to a tiny 0.35 percent of the total $170 million in activities betting revenues attained by all sources last 12 months. 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 country chef who touted high-fat content the way De Beers touts diamonds, has consumed nearly everything on her TV 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 during 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 a boiling-hot corn fritter.

Severing Ties

The announcement came week that is last with Caesars saying they had reached a ‘mutual agreement’ with Paula Deen Enterprises to not restore their company partnership as it pertains 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 (North Carolina), and Harrah’s Joliet in Illinois.

Caesars says they will be rebranding the eateries once the contracts run down; Deen probably feels car dealer reviews as though she has been branded enough to last an eternity 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 brought on by her actions she’s been unable to take away the tarnish from her now-tainted reputation, and appears to be setting up little battle to your domino-effect of businesses bailing on her one after another.

Caesars has issued the predictably non-inflammatory comment to spell out their latest severing. ‘ After thoughtful consideration of the impact, we’ve mutually decided that it is in the needs of both parties to part means at this time,’ said Caesars administrator vice-president of communications and government affairs Jan Jones Blackhurst.

Despite the cut from Caesars and many more, maybe not everyone has made a decision 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, 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 the very 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 views the resort stand head and shoulders above its competition as the utmost 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 beverage destinations, and all different aspects in to the market in a big method,’ stated Bob McDevitt, president associated with the city’s casino union that is largest. ‘The other casinos are nevertheless chasing that.’

Pennsylvania Competition

It has been more popular that Atlantic City as a whole has been struggling in recent years, particularly because of considerable competition in neighboring Pennsylvania. The Borgata hasn’t been immune to these pressures either. However, while the overall revenues for Atlantic City have dropped off more than 40 per cent since their peak in 2006, the Borgata has proceeded to boost its share of the gambling that is remaining there meaning the casino is still really profitable despite falling revenues.

‘I think Atlantic City would be a great deal more devastated by Pennsylvania gaming if Borgata had not been in this market,’ McDevitt said.

Borgata came into the Atlantic City market at the same time when the city was facing a severe perception issue. The town had been viewed as attracting mainly older, lower-stakes gamblers, while the hipper and high-stakes crowds termed ‘rejecters’ for the AC casinos were shifting to Las Vegas.

Upscale Marketing

The Borgata was able to change that perception then at least for itself if not for the whole city. Marketing 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 experience which was 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 other casinos,’ he added, saying that the Borgata is the only real Atlantic City casino they see.

For the tenth anniversary, 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 a decade later, the casino is still set on attracting exactly the same ‘rejecters’ that other Atlantic City casinos haven’t had the oppertunity to put up onto.