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

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 car battery reviews tournament cashes throughout his illustrious poker profession is lacking a great year therefore far at WSOP. At least, not according to 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. And that’s despite five cashes, which may certainly be impressive for most players.

Can’t Win for Losing

The downswing is because, inspite of the five cashes ( which may have garnered him $45,088 thus far), he’s poured $271,111 to the 31 occasions (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. This past year’s $18 million + winner, Antonio Esfandiari, only took fourth this year, and with a buy-in which was almost 1/10th of this past year’s $1 million, he made off with a ‘paltry’ $1,433,438 for this season’s fourth place finish. Yes, the rich get richer).

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

Top-Ranked Player

Originally from Toronto, Negreanu is recognized as you of the players that are top 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 spot finishes, based on his Poker Pages ranking, 38-year-old Negreanu is ranked as the sixth many successful tournament player on the planet right now.

And, who understands? Maybe he can turn it all around at the Main Event this year, where a place that is first will most likely be in 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 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 brand new online casino internet sites under regulations would decide to take part. Still, few would have expected the response that state regulators have received.

All AC Casinos on Board

In accordance with 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 gambling site approvals. Gambling enterprises had before the end of June to inform hawaii about any partnerships they would be pursuing with software providers (domestic or worldwide) so that you can have a shot at having the ability to introduce their sites on the day that is opening of Jersey’s real money online gambling market.

All twelve casinos have chosen doing so, each partnering with an existing online gambling company. Each partner will are in possession of until the finish 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 obtain a chance to participate in online gambling, but could have to hold back until after the initial start date.

While no official launch date for New Jersey’s on line gambling has been announced, it’s anticipated 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 potential gambling partners, perhaps 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 New Jersey will be offered to anyone 21 or older who’s located in the state. The regulations allow not only for internet poker which is being offered in Nevada also for all casino that is online as well.

It’s Goodbye Betting Kiosks, Hey 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 associated with the machines kicks in on the weekend. Major kiosk provider William Hill be using them out of approximately half of those establishments, with other kiosk players like Cantor Gaming taking the others, and perhaps not many people are happy about it, to state the least.

New Law Switches Into Effect

‘At the conclusion of the day, we are going to proceed with 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 across the state that is affected with a new legislation. ‘We’re unhappy about it. Our customers like sports wagering.’

Although customers will not be able to wager on the machines, open reports, or deposit or withdraw cash, they will nevertheless be able to place money into their mobile sports gambling accounts and keep abreast of lines on games. William Hill director of business development Dan Shapiro claims his Las company that is vegas-based trying to make lemonade out of 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 shall accept cash deposits.’ We bet it shall.

Restricted Vs. Unrestricted License Battle

The law that is new this modification is Senate Bill 416, which bans betting recreations via betting kiosks in just about any bar, tavern or restaurant by having a restricted gaming license, 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., amongst others was 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 far more restricted restricted licenses for the 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 activities betting profits gained 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 nation chef who touted high-fat content the way De Beers touts diamonds, has eaten almost 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 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 like a boiling-hot corn fritter.

Severing Ties

The announcement arrived week that is last with Caesars saying they had reached a ‘mutual agreement’ with Paula Deen Enterprises to not renew their business 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 away; Deen probably feels like she’s been branded enough to last a lifetime 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 caused by her actions she’s got been unable to remove the tarnish from her now-tainted reputation, and appears to be adding small battle to the domino-effect of businesses bailing on her one after another.

Caesars has granted 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 part methods at this time,’ said Caesars administrator 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 made a decision to jump ship from Deen’s business 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 shouldn’t call it quits hope; nothing Americans love more than a story of falls from grace followed closely by redemption. At the 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 head and shoulders above its competition as the utmost 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 different aspects to the market in a big way,’ stated Bob McDevitt, president of the city’s largest casino union. ‘The other casinos are nevertheless chasing that.’

Pennsylvania Competition

This has been widely recognized that Atlantic City as a whole 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 per cent since their peak in 2006, the Borgata has continued to enhance its share of the gambling that is remaining there meaning the casino remains very profitable despite dropping revenues.

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

Borgata came into the Atlantic City market at a time when the city was facing a perception issue that is serious. The town was regarded as attracting primarily older, lower-stakes gamblers, whilst the hipper and crowds that are high-stakes ‘rejecters’ of the AC casinos were moving forward 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 showcased shopping that is high-end entertainment venues, fine dining plus the ‘Borgata Babes’ that served as cocktail waitresses. That combination has offered customers an event which was formerly unavailable in 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 than the other casinos,’ he added, saying that the Borgata is the sole Atlantic City casino they see.

For the tenth anniversary, Borgata brought in an accumulation 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 still set on attracting the exact same ‘rejecters’ that other Atlantic City casinos haven’t had the opportunity to keep onto.

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