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

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

Canadian poker pro 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 great 12 months therefore far at WSOP. At least, not in accordance with their tournament that is own tracking, 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 used car reliability reviews. And that’s despite five cashes, which would certainly be impressive for many players.

Can’t Win for Losing

The downswing is because, despite the five cashes ( which may have garnered him $45,088 so far), he’s poured $271,111 to the 31 events (with the priciest being the One Drop High Rollers No restriction Hold’em tournament that benefits charity and that paid champion Tony Gregg a healthy $4,830,619 for first. Last year’s $18 million + winner, Antonio Esfandiari, only took fourth this year, along 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 this season’s fourth place finish. Yes, the rich get richer).

Before you lose any rest over Negreanu’s downward trend, however, look at this: he’s doing pretty well over all in tournaments so far this year. Back in April, he took straight 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 afford 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 tournament cashes and 35 first place finishes, based on his Poker Pages ranking, 38-year-old Negreanu is ranked as the sixth most successful tournament player on earth now.

And, who knows? Possibly he can change it all around at the Main Event this season, 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 law earlier in the day this year, it absolutely was obvious that many of Atlantic City’s casinos the only entities allowed to operate the latest online casino internet sites under what the law states would choose to take component. Still, few would have expected the response that state regulators have actually received.

All AC Casinos on Board

According to state officials, all twelve casinos in Atlantic City have applied to the Division of Gaming Enforcement become part of the first round of on line site that is gambling. Casinos had until the end of June to tell their 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 selected to do so, each partnering with a current online gambling company. Each partner will are in possession of until the conclusion of July to use for his or her own certification approval. If final applications aren’t received by that time, companies and casinos may still get a chance to engage in online gambling, but might have to hold back until after the start date that is initial.

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

Some Silent Partners

While each casino has submitted information to the state about their potential gambling partners, not them all have actually 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-new jersey will be provided to anybody 21 or older who’s located in the state. The regulations allow not just for online poker which is on offer in Nevada but also for all casino that is online as well.

It is 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 putting wagers on sporting events will be getting visitors shortly, as the state-mandated removal associated with machines kicks in on the weekend. Major kiosk provider William Hill be using them out of approximately 50 % of those establishments, with other kiosk players like Cantor Gaming taking the rest, and maybe not most people are happy about it, to express the least.

New Law Goes Into Effect

‘At the conclusion of the day, we are going to proceed with the legislation,’ 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 over the state that are impacted by way of 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 records, 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 manager 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 cash, but it’ll accept cash deposits.’ We bet it shall.

Restricted Vs. Unrestricted License Battle

The law that is new this change is Senate Bill 416, which bans betting recreations via betting kiosks in just about any bar, tavern or restaurant with a restricted gaming permit, 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., among others was 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 also the much more restricted restricted licenses associated with normal 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 sports betting revenues received 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 Their Losses with Paula Deen

Paula Deen, the mythic high-cholesterol country chef whom touted high-fat content the way De Beers touts diamonds, has consumed just about 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 worker 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 that they had reached a ‘mutual agreement’ with Paula Deen Enterprises to not restore their company partnership in regards to 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 will be rebranding the eateries once the contracts run down; Deen probably feels 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 in which Deen appears to weep for the anguish she states she has caused by her actions she’s got been unable to eliminate the tarnish from her now-tainted reputation, and is apparently putting up little fight to the domino-effect of businesses bailing on her one after another.

Caesars has released the predictably non-inflammatory comment to explain their latest severing. ‘ After thoughtful consideration of their impact, we have mutually decided that it is in the best interests of both ongoing parties to component means 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 maybe not everyone has made a decision to jump ship from Deen’s business alliances. Companies Alice that is including 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 should not quit hope; nothing Americans love more than a story of falls from elegance accompanied by redemption. At the very least, if Martha Stewart and breeder that is dog-fighting 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 mind and shoulders above its competition as the most 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 beverage attractions, and all sorts of various aspects into the market in a big way,’ stated Bob McDevitt, president associated with the town’s largest casino union. ‘The other casinos are still chasing that.’

Pennsylvania Competition

This has been more popular that Atlantic City as an entire has been struggling in recent years, particularly because of considerable competition in neighboring Pennsylvania. The Borgata hasn’t been resistant to these pressures either. However, 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 continues to be really profitable despite falling revenues.

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

Borgata came into the Atlantic City market at a time when the city was facing a severe perception issue. The town ended up being seen as attracting mainly older, lower-stakes gamblers, even though the hipper and crowds that are high-stakes ‘rejecters’ for the AC casinos were shifting to vegas.

Upscale Marketing

The Borgata had been able to change that perception then at least for itself if not for the whole city. Advertising itself squarely at those exact same rejecters, the Borgata featured shopping that is high-end entertainment venues, fine dining plus the ‘Borgata Babes’ that served as cocktail waitresses. That combination has given customers an experience which was previously unavailable within 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 sole Atlantic City casino they visit.

For the anniversary that is tenth Borgata brought in an accumulation 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 haven’t had the oppertunity to keep onto.

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