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 tournament cashes throughout his illustrious poker profession is not having a year that is great far at WSOP. At minimum, not according to his very own tournament tracking software, 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 will certainly be impressive for many players.

Can’t Profit for Losing

The downswing is basically because, despite the five cashes ( that have garnered him $45,088 thus far), he’s poured $271,111 into the 31 events (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. 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 last year’s $1 million, he made off with 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, consider this: he’s doing pretty well over all in tournaments up to now this year. Back in April, he took straight down WSOP Australia for $1,087,160, and also made his way to two non-WSOP final tables that have earned him another total of $553,000. So he is able to probably manage 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, based on his Poker Pages ranking, 38-year-old Negreanu is rated as the sixth many successful tournament player on earth right now.

And, who knows? Perhaps he are able to turn all of it around at the Main Event this season, 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 earlier in the day this year, it had been obvious that many of Atlantic City’s casinos the only entities allowed to operate the newest casino that is online under regulations would decide to take part. 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 to be an integral part of the first round of on line site that is gambling. Casinos had until the end of June to tell hawaii about any partnerships they would be pursuing with software providers (domestic or worldwide) in order to 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 plumped for to complete so, each partnering with a current online gambling company. Each partner will are in possession of until the finish of July to apply because of their own certification approval. If final applications aren’t gotten by that time, companies and casinos may still obtain a chance to take part in online gambling, but could have to attend until after the start date that is initial.

While no official launch date for New Jersey’s on line gambling was announced, it really is 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 state about their possible gambling partners, maybe not all of them have actually publicly announced who they really 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 offered to anyone 21 or older that is located 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 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 due to 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 taking them out of approximately 1 / 2 of those establishments, with other kiosk players like Cantor Gaming taking the others, and maybe not many people are happy about it, to express the least.

New Law Goes Into Effect

‘At the end of the day, we will stick to the law,’ 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 over the state that will be impacted with 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 accounts, or deposit or withdraw cash, they will remain 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 says 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 cash deposits.’ We bet it will.

Restricted Vs. Unrestricted License Battle

The law that is new this change is Senate Bill 416, which bans betting sports via betting kiosks in virtually any bar, tavern or restaurant by having a restricted gaming license, 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 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 % 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 who touted high-fat content the way De Beers touts diamonds, has eaten almost 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 spoken during 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 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 to not magical car ice scraper reviews restore their company partnership as it pertains due. Companies were 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 shall be rebranding the eateries once the contracts run out; Deen probably feels as though 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 claims she has brought on by her actions she has been unable to take away the tarnish from her now-tainted reputation, and seems to be setting 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 these effect, we’ve mutually decided that it is in the desires of both parties to component means 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 chose 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 tale of falls from grace 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 sees the resort stand head and shoulders above its competition as the most effective property in 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 of various aspects in to the market in a big method,’ said Bob McDevitt, president for the town’s largest casino union. ‘The other casinos are nevertheless chasing that.’

Pennsylvania Competition

It has been widely recognized that Atlantic City as an entire has been struggling in present years, particularly because of substantial 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 per cent since their top in 2006, the Borgata has proceeded to improve its share of the remaining gambling pie there meaning the casino is still extremely lucrative despite falling revenues.

‘I think Atlantic City would be a great deal more devastated by Pennsylvania video 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 was regarded as attracting mainly older, lower-stakes gamblers, although the hipper and high-stakes crowds termed ‘rejecters’ of the AC casinos were moving on to Las vegas, nevada.

Upscale Marketing

The Borgata managed to change that perception if not for the whole city, then at the least for itself. Advertising itself squarely at those same rejecters, the Borgata showcased shopping that is high-end activity venues, fine dining plus the ‘Borgata Babes’ that served as cocktail waitresses. That combination has given customers an experience that was formerly unavailable in 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 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 similar ‘rejecters’ that other Atlantic City casinos have actuallyn’t had the opportunity to hold onto.

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