Daniel Negreanu Down $226K in World Series 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 career is not having a year that is great far at WSOP. At least, not based on his tournament that is own tracking, which shows him down $226,000 after barreling through 31 events already only at that 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 may certainly be impressive for many players.

Can’t Win for Losing

The downswing is really because, despite the five cashes ( which have garnered him $45,088 to date), he’s poured $271,111 in to the 31 occasions (with the priciest being the One Drop High Rollers No Limit Hold’em tournament that benefits 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, along with a buy-in that was almost 1/10th of this past year’s $1 million, he made off with 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, 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 way 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 overall game today, along side names like Phil Ivey, Phil Hellmuth and Mike ‘The Mouth’ Matusow. With 189 lifetime competition cashes and 35 first spot finishes, in accordance with his Poker Pages ranking, 38-year-old Negreanu is rated as the sixth many successful competition player on earth at this time.

And, who understands? Possibly he are able to turn all of it around at the Main Event this season, 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

When brand New Jersey signed their online gambling bill into legislation earlier in the day this year, it had been obvious that numerous of Atlantic City’s casinos the only entities allowed to operate the new online casino sites under the law would choose to take part. Still, few would have expected the response that state regulators have received.

All AC Casinos on Board

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

All twelve casinos have selected to complete so, each partnering with a current online gambling company. Each partner will now have until the end of July to use for his or her licensing that is own approval. If final applications aren’t received by that time, companies and casinos may still get yourself a chance to take part in on line gambling, but may have to wait until after the start date that is initial.

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

Some Silent Partners

Whilst every and each casino has submitted information to the state about their possible gambling partners, perhaps not all of them have actually publicly announced who they are working with. Among the partnerships that have been made public are the Borgata’s move to work 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 New Jersey will be offered to anybody 21 or older who is found in the state. The regulations allow not just for internet poker which is currently being offered in Nevada but in addition 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 gambling kiosks with regards to their customers convenience in placing wagers on sporting events will be getting visitors shortly, as the state-mandated removal of the devices kicks in this 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 others, and not most people are happy about it, to state the least.

New Law Switches Into Effect

‘At the finish of the day, we are going to proceed with the law,’ stated 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 are going to be affected with 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 accounts, 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 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 cash deposits.’ We bet it shall.

Restricted Vs. Unrestricted License Battle

The brand new law creating this modification is Senate Bill 416, which bans betting activities via betting kiosks in every bar, tavern or restaurant having a restricted gaming permit, meaning they can don’t have 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 more restricted limited licenses associated with average 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 % of the total $170 million in activities betting profits made by all sources last 12 months. 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 nation chef who touted high-fat content the way De Beers touts diamonds, has consumed nearly everything on her television show; but now, she no doubt just wishes she could eat her terms. 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 just like a corn fritter that is boiling-hot.

Severing Ties

The announcement came last week, with Caesars saying they had reached a ‘mutual agreement’ with Paula Deen Enterprises to not restore their business partnership when it comes due. Companies are 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 down; Deen probably feels as though she has 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 claims she has caused by her actions she’s 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 the effect, we now have mutually decided that it is in the best interests of both parties to part means at this time,’ said Caesars executive vice-president of communications and 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 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 should not give up hope; nothing Americans love more than a story of falls from grace followed by redemption. At the very 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 sees 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 most of the other Atlantic City casinos, a task it’s been able to accomplish in brief order.

‘Borgata brought excitement, food and drink attractions, and all sorts thrifty rent car reviews of different aspects in to the market in a large means,’ said Bob McDevitt, president for the city’s casino union that is largest. ‘The other casinos are nevertheless chasing that.’

Pennsylvania Competition

It’s been widely recognized that Atlantic City as a whole has been struggling in recent years, particularly because of substantial competition in neighboring Pennsylvania. The Borgata hasn’t been immune to these pressures either. But, while the overall revenues for Atlantic City have dropped off more than 40 per cent since their top in 2006, the Borgata has proceeded to enhance its share of the remaining gambling pie there meaning the casino remains really 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 perception issue that is serious. The city had been viewed as attracting mainly older, lower-stakes gamblers, even though the hipper and crowds that are high-stakes ‘rejecters’ of the AC casinos were shifting to Las vegas, nevada.

Upscale Marketing

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

For the anniversary that is tenth Borgata brought in an accumulation of 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 nevertheless set on attracting similar ‘rejecters’ that other Atlantic City casinos haven’t been able to put up onto.