Sunday, November 30, 2014

Cramer Reverses Self on Casino Stocks



CNBC financial personality Jim Cramer, who has warned against expecting any bounceback from the recession by Las Vegas casino operators, said Macau plans may lift Las Vegas Sands and Wynn Resorts.

This week, stock forecaster Jim Cramer finally relented slightly in his negative position on casino and gaming stocks. After having bemoaned the state of the gambling industry in general, and Las Vegas operators in particular, the CNBC financial star touted both Las Vegas Sands and Wynn Resorts on his popular show, "Mad Money."

As recently reported on Online Casino Advisory, both companies are applying to issue initial public offerings at the Hong Kong market. Each company has examined how you can use assets held within the gaming enclave of Macau into increased liquidity.

Sands, in particular, has looked beyond the IPO to also consider selling minority ownership in Macau properties to non-public equity firms, and discussed partnership in Far East assets, including its upcoming Singapore casino.

Cramer said on his show that, while he still has reservations about any quick Las Vegas turnaround in earnings or revenue, Macau could also be much quicker to bop back.

The investment expert advised listeners that Wynn goes into any IPO in a lot better shape than Las Vegas Sands. He noted that Wynn has an excellent position, with cash already on hand.

Published on July 24, 2009 by VirginiaMaddox


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Team Pros speak about their best live tournament memory



For many people our most memorable live tournament is the primary one we win. Who can forget those moments when you successful navigate the overall table, while you slip away to somewhere private to jump up and down with a stupid grin in your face (before doing a lap of honour of the casino restroom). Then, as you stride purposefully away, having won the Tuesday night local £20 freeze-out, you concentrate on the one logical next step--to turn pro.

But it is not always the primary win that leaps to mind, as members of Team PokerStars Pro explained through the Billionth Tournament Carnival on PokerStars. Often it means greater than just winning. It's about what it means personally, and the way it might probably function a prelude to something more, something just like the start of a career. Or, sometimes nothing greater than the easy satisfaction of doing all your job well.

Celina Lin is one such player, most keen on the tournament that served as her first step to, what several years later, has proved a highly successful career as a certified poker player.

celina lin fav 21nov14.jpgCelina Lin in Macau where it began for her

"For me essentially the most memorable tournament I ever played on PokerStars was the primary time I qualified for a live event via a satellite," said Lin. "I used to play online just about exclusively, and so I'll always remember the day I won a package to visit APPT Macau (back in Season 1). It was so exciting winning the seat plus accommodations and a few spending money, and naturally I had no idea on the time where that trip would ultimately lead for me. It was an actual life-changer, because it turned out!"

That have been the appeal of PokerStars tournaments ever since they were first created--the opportunity to play high stakes poker for all times changing money, all around the world, with travel and accommodation taken care of, leaving you to be aware of playing the sport you're keen on against the most efficient players on the planet. And when you thought that the regular pros get bored of this kind of thing, finding it merely a typical a part of their day job, you would be mistaken.

"My favourite memories all need to do with winning satellites and packages to travel to live events," confessed Christian de Leon. "THEY ARE NOT easy to win, and whenever it happens for me it's so exciting.

christian de leon fav 21nov14.jpgIt's all in regards to the satellites for Christian de Leon

"I should get an image of myself the following time I win one. I'm sure my expression can be funny to see, as I'm always so ecstatic whenever that happens."

Then there are the more simple triumphs, the non-public wins that bring a certified a degree of fulfilment that only they are able to understand, something that Leo Margets rates highly.

leo margets fav 21nov14.jpgTaking her chances when she will: Leo Margets

"Not long after EPT London ended recently I USED TO BE still there and was capable of play the Saturday $215 NLHE Weekly Turbo by which I STOPPED second," said Margets, reflecting at the simple victory in place of anything "That was very satisfying as I only get a couple of chances here and there to play at the main site."

That's one tournament kick-starting a career, one sparking scenes of childlike joy, while another provided some job satisfaction. If you are still in search of your individual favourite tournament memory then you definitely might love to become involved within the Billionth Tournament Carnival, with multiple opportunities to win big and earn yourself a narrative. For more info visit the Billionth Tournament Carnival webpage.

Stephen Bartley is a staff writer for the PokerStars Blog.
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NAPT Mohegan Sun Bounty Shootout B: Levels 1-4 updates (400-800-100)



napt-thumb.jpg10pm: Level overLevel four is over. We now bring in level five.

9.55pm: Small pairsDaniel Negreanu's bounty have been claimed.

Joe Gibbons and the Team PokerStars Pro found themselves all-in preflop.

Negreanu: 2♦2♠Gibbons: 6♦6♠

The board, 5♥3♣J♣Q♠T♦, brought Negreanu no help and he was sent to the rail, leaving only two PokerStars Pro on the feature table. --AV

daniel negreanu mohegan sun 2011 BSO Joe Giron JGP6189.jpg

The game is up for Daniel Negreanu

9.55pm: Klodnicki ousts EliasThis one isn't especially pleasant, especially in case your name is Darren Elias. He got his last chips within the pot pre-flop, called by Chris Klodnicki. Klodnicki "only" had A♦2♦ and Elias probably thought he was on for a double up together with his A♥8♠.

But the flop came 2♣4♠2♥, the turn was A♠ and the river 6♣. Klodnicki's come-from-behind boat sent Elias out. -- HS

9.50pm: Dombrowski downs SchwartzJustin Schwartz is "flipping badly" - and definitely that pessimistic assertion was confirmed within the last hand he played at Mohegan Sun tonight. After Chris Dombrowski opened to 1,600, Schwartz moved all in for his last 6,000-ish. After which they were flipping.

Schwartz: 8♥8♦Dombrowski: A♥Q♠

The flop favoured the overcards. It came K♦9♣Q♥ and the J♠J♣ turn and river changed nothing. Schwartz is out. -- HS

9.45pm: CannibalismThe Team PokerStars Pros are at it again. This time it was Victor Ramdin who found himself all-in against Vanessa Selbst.

victor ramdin mohegan sun 2011 BSO Joe Giron JGP6179.jpg

Victor Ramdin eliminated by Vanessa Selbst

Ramdin held A♠K♣ and was up against Selbst's A♥7♣ on a Q♥2♦8♣ flop. The turn was a 7♥, giving Selbst a couple. The river changed nothing and Selbst added a PokerStars Team Pro bounty chip on top of hers. --AV

vanessa selbst mohegan sun 2011 BSO Joe Giron JGP6182.jpg

Vanessa Selbst in Bounty Shootout

9.40pm: Another three wayJoe Sweeney raised to 1,600 from the cutoff and things were about to heat up, shootout style.

Darren Elias re-raised to 4,200 from the button and Alex Keating moved all-in for 16,450 from the large blind. Sweeney moved all-in too, and Elias, who had them both covered, quickly called.

ShowdownSweeney: K♣J♦Keating: Q♥Q♠Elias: A♦A♠

The flop came K♥9♠3♦, pairing Sweeney's King. The turn, J♥, paired his other card and the J♠ at the river gave him the whole house.

Sweeney won Keating's bounty chip and is up 52,000. Elias is now all the way down to 10,000. --AV

9.35pm: Three wayWhen you've a 3 way all in pre-flop before the primary break, you are expecting to look some premium hands. So it was in a confrontation between Pat Pezzin, Jonathan Tamayo and Nenad Medic, which ended up earning Medic his second bounty, tripling up Pezzin and sending Tamayo out.

As stated, they got all of it in pre-flop. Pezzin was the quick stack but had the most productive hand: K♣K♦. Tamayo had Pezzin covered, but had the worst hand: A♦Q♦. Medic had essentially the most chips and had J♠J♣.

The board ran 5♣2♣7♥6♣6♠ and that meant that Pezzin won the principle pot, Medic won the side pot, and Tamayo won nothing. Medic claimed the bounty from the side pot with Tamayo. -- HS

LEVEL UP. BLINDS 400-800-100 IN LEVEL 4

9.30pm: Time for TimoshenkoThe shootout massacre continues. This time, Dan Shak and Yevgeniy Timoshenko were those who went all-in preflop.

Shak: A♠Q♠Timoshenko: J♦K♣

The board was an unforgiving 6♦Q♦J♣2♥5♦ and Shak was forced handy his bounty chip over to Timoshenko, who now has over 50,000. --AV

9.25pm: Lind cracks Stein's acesGeorge Lind III has claimed his second bounty at the feature table, this time cracking the aces of Sam Stein. Lind had Q♦T♠ but made two pair at the K♦Q♣8♣T♥6♣ board, which was precisely one pair greater than Stein had. -- HS

george lind mohegan sun 2011 BSO Joe Giron JGP6117.jpg

The smiling assassin George Lind III

9.20pm: No mercyTeam PokerStars Pro Joe Cada raised to 1,400 and Alex Wice re-raised to 3,500. Team PokerStars Pro Jason Mercier made it 7,150 to move and Cada got out of ways. Wice opted for the 5-bet option and went all-in, Mercier made the call.

Mercier had Wice covered but Wice's A♠K♣ was prior to Mercier's A♥Q♦.The flop came K♥J♠2♠, giving Mercier a straight draw and déjà vu. "Now you have got 4 outs," said a tablemate. "Last time you hit it at the turn," said Ronnie Bardah.

The turn was indeed a T♠, giving Mercier the straight and prompting suspicion among his tablemates. "IS THAT THIS real life?" asked Bardah.

The river was a 5♣ and Mercier won another bounty. He's now past the 90,000 mark. --AV

9.10pm: Medic sends Heimiller to mortuaryDan Heimiller has become the most recent casualty, finding this actual Medic to be particularly damaging to his health. Heimiller flopped a collection together with his pocket tens, but by the point the board were dealt the entire way - 9♦T♥A♥J♠7♦ - Nenad Medic's 6♥8♥ had made a straight. I DID NOT see the action, but it surely seems likely that the money went in at the flop. -- HS

9.05pm: Battle of the prosTeam PokerStars Pro Barry Greenstein and Jason Mercier got it all-in preflop.

Mercier: K♦Q♥Greenstein: Q♠Q♦

The flop came 9♣J♦3♦, giving Mercier the straight draw. The T♣ came at the turn, giving Mercier his straight.

"Oh God no, a king is coming," Mercier said because the river was being dealt.

But it was a 6♥, proving his gut wrong and earning him a Barry Greenstein bounty chip and autographed copy of "Ace at the River."

mercier greenstein mohegan sun 2011 BSO Joe Giron JGP6155.jpg

Barry Greenstein hands over his book to Jason Mercier

"Three years I HAVE BEEN playing against Barry," said Mercier. "AND THAT I finally win a book." --AV

9pm: Waxman wiltsMax Waxman has become the second one player to go away from Greg DeBora's table, following Bryn Kenney out the door. This time it was Kyle Loman who took the bounty after the following.

Allen Bari opened to 1,200 from the bring to an end. Waxman moved all in for his last 1,900 from the button. Loman re-raised to 5,000 from the small blind, which was enough to get Bari out the way, and the 2 of them were heads up with Waxman under threat.

Waxman: A♠2♦Loman: T♣T♠

The board blanked and Waxman melted. Bounty goes to Loman. -- HS

LEVEL UP. BLINDS: 300-600 IN LEVEL 3

9.05pm: Not the worst handKyle Loman raised to 400 from under the gun and Jonathan Jaffe raised to 2,600. Both Matt Waxman, within the big blind, and Loman made the decision.

The flop came 9♦3♦7♣ and action was folded to Jaffe who bet 4,600. Waxman moved all-in, Loman folded and Jaffe made the call.

Jaffe showed 7♠3♦ for bottom two pair and Waxman tabled his Q♦Q♣."I'll take a nine said Waxman," in search of the counterfeit.

But an 8♠ at the turn and an A♣ at the river wasn't what he was searching for. Jaffe doubled as much as 50,000 while Waxman is now under the 2,000 mark. --AV

8.50pm: Lind busts Li, makes for uncomfortable road tripGeorge Lind III and Andrew Li are keeping off on a road-trip after this event, but there has been no love lost between the chums at the feature table. Lind has just sent Li out of the tournament, giving him ample time to organize the car.

andrew li mohegan sun 2011 BSO Joe Giron JGP6078.jpg

Andrew Li, center, and George Lind III, left

It was a straight race. Li had 9♠9♦ and Lind had A♦J♦. The jack flopped and did Li couldn't pull off a redraw. That was that. -- HS

8.45pm: Kenney's resurgence cut short by IllingworthBryn Kenney was the last player to register for this event, but he has become the primary to go away. Jonathan Jaffe opened the pot, making it 1,000 to move from the bring to an end. Daniel Illingworth, at the button, raised to 2,500 and Kenney moved all in from the small blind.

Jaffe folded, but Illingworth called. He had Kenney covered despite the latter's recent double up through Greg DeBora. It was another flip for Kenney, who had A♦K♥ against Illingworth's J♦J♥.

The board again favoured the pair. It came T♣9♠4♣9♣5♥ and Kenney was sent packing. -- HS

8.35pm: Kenney climbingWith only 3,800 left, Bryn Kenney moved all-in from early position. Everyone folded and he took down the blinds.

The very next hand Kenney employed the similar technique. This time, Team PokerStars Pro Greg DeBora decided to call.

greg debora mohegan sun 2011 BSO Joe Giron JGP6094.jpg

Greg DeBora

Debora showed A♦J♣ and Kenney showed a small pair, 4♠4♥.

"Anyone fold an ace?" asked DeBora, and one player raised his hand. "What a few Jack?" And another player raised his hand, diminishing his odds.

The board fell 2♣K♦8♥9♣ and Kenney doubled as much as about 11,000. DeBora is right down to 14,500. --AV

8.25pm: Great minds think alikeAllen Bari raised to 400 from under the gun and Jonathan Jaffe re-raised to 1,200. Bari 4-bet to 2,575 and Jaffe made the call.

The flop came 9♣7♥6♥ and both players suspiciously checked. The turn, T♣, brought another round of checks. The river was an 8♦ and both players checked over again.

Bari showed A♠K♠ and Jaffe showed the similar cards with different suits, A♦K♣. They chopped the pot but Bari won the additional green 25 chip. --AV

LEVEL UP. PLAYING 200-400-50 IN LEVEL 2

8.25pm: Strong-arm JunglenAdam Junglen just quietly suggested to Jim Alex that tangling with him is a foul idea, putting Alex to a call for his tournament life at the last hand of level one.

The two of them were at a flop of J♥A♥8♥ and Junglen, who were under-the-gun pre-flop, bet 1,000. Alex, at the button, raised to 3,000 and Junglen immediately eyed his opponent's stack.

"You have 19 behind?" said Junglen. That was indeed what Alex still had left. After a couple of seconds, Junglen moved 19,000 of his own within the middle. Alex thought for a few minutes, twitched his mouth, and folded. -- HS

8.20pm: Raskin roasts LiMicah Raskin has just doubled up through Andrew Li, leaving Li very short indeed. Li opened the pot pre-flop and Daniel Negreanu raised. Micah Raskin then four bet, before Li five-bet to 21,525. Negreanu folded, but Raskin called for all his chips, and the 2 of them were racing:

Raskin A♥K♣Li: Q♥Q♦

Raskin got there the hard way, creating a flush to his king at the 9♣3♣8♣4♣x board. Li had Raskin covered, but he's now in big trouble, while Raskin leads the feature table. -- HS

8.10pm: Cada outmuscles DombrowskiThis is a stacked field and no mistake, and while the likes of Vanessa Selbst, Daniel Negreanu and Victor Ramdin, among others, do battle at the feature table, there's also a wealth of talent on table four.

In a row there are Joe Cada, Adam Junglen and Alex Wice, then comes the Team PokerStars Pro duo of Jason Mercier and Barry Greenstein. Mercier also happens to be the defending champion on this event.

joe cada mohegan sun 2011 BSO Joe Giron JGP6097.jpg

Joe Cada at Bounty Shootout

Chris Dombrowski isn't one to be intimidated, although he was just forced to put something all the way down to Cada after the 2009 World Champion found a check raise. Dombrowski had opened to 500 from the button and both Cada and Junglen had called from the blinds.

The flop came 8♦5♠7♠ and after Cada and Junglen checked, Dombrowski bet 800. Cada then bumped it to 2,800, which turned out to be enough to drive either one of them away. -- HS

8.05pm: Tamayo takes someThe board read Q♦K♦3♠ and Dan Heimiller bet out 1,100. Jonathan Tamayo raised to 3,000 and Heimiller shot back with a blue chip, raising to 8,000.

Tamayo made the decision and a 4♠ came at the river. Both players cautiously checked and Tamayo showed Q♣Q♠ for a suite of queens. Heimiller checked out his cards, sighed and threw them within the muck. He now has just over 16,000. --AV

8pm: Counterfeit, but still goodKyle Loman opened for 550 from early position and Daniel Illingworth called at the button. That tempted Scott Baumstein in from the massive blind, and he ended up happy to was tempted.

The flop came 5♣3♠9♥ and Baumstein checked. Loman bet 850, which Illingworth raised to 2,225. After Baumstein called, Loman thought best of it and folded.

The turn was 9♠ and Baumstein led for 3,275. Illingworth called. The river was 5♣ and Baumstein now tickled 2,000 at that. Illingworth called the small bet quickly, and Baumstein said: "I got a counterfeited boat." He tabled 3♦3♣.

He gave the look to be fearing the worst, but ended up scooping as Illingworth mucked. -- HS

7.50pm: Re-organising againThe continued delay to the beginning here's for the reason that Main Event has just wrapped for the day, allowing Vanessa Selbst and Dan Shak, either one of whom are on that final table, to enroll in the Bounty Shootout action. Steve O'Dwyer, another Main Event final table-ist, opted to not play here despite having registered. His seat was filled by Bryn Kenney.

7.35pm: Two downIt seems as if Dan Shak and Steve O'Dwyer may not be playing within the Bounty Shootout. Either one of them are still interested by the principle Event, that's now nine handed. -- HS

7.30pm: Starting?After the required 30 minute delay, players have now arrived to the Bounty Shootout room and flight B must be starting in about 10-15 minutes.

7pm: Flight B to beginAfter a quick-fire flight A of the $10,000 Bounty Shootout, wherein Scott Blackman, Eugene Katchalov, Jimmie Guinther and Michael Pesek booked their spot on the final, you join us now for Flight B, with a larger field and some very famous names.

The organisers have squeezed an extra table into the Bounty Shootout room, and feature put an additional chair around most of them. We're now going to observe four nine-handed tables and one eight-handed one, with the 44 players angling for that final table felt.

Players will earn $40,000 in the event that they win their heat ($36,000 for the eight-handed table) and $2,000 for every bounty chip they pick up. At time of writing, two of the registered players (Dan Shak and Steve O'Dwyer) are still getting into the primary Event, in order that they may un-register from this. We can obviously keep you posted.

Here's the table draw for this second flight, and please click over to the effects page to look who won what earlier on.

Flight B table assigments

Table 1 - Spades 1 Joe Sweeney2 Darren Elias3 Chris Klodnicki4 Alex Keating5 Dan Suied6 Gregory Merson7 Dan Shak8 Yevgeniy Timoshenko9 Charbel Azzi

Table 2 - Hearts 1 Nick Binger2 Eric Froehlich3 Dan Heimiller4 David Paredes5 Pat Pezzin6 Jason Somerville7 Jonathan Tamayo8 Nenad Medic9 Taylor von Kriegenbergh

Table 3 - Diamonds 1 Joe Gibbons2 George Lind III3 Andrew Li4 Bryan Colin5 Victor Ramdin6 Daniel Negreanu7 Micah Raskin8 Sam Stein

Table 4 - Clubs 1 Jim Alex2 Chris Dombrowski3 Joe Cada4 Adam Junglen5 Alex Wice6 Jason Mercier7 Barry Greenstein8 Justin Schwartz9 Ronnie Bardah

Table 5 1 Kyle Loman2 Greg DeBora3 Pat Walsh4 Jonathan Jaffe5 Daniel Illingworth6 Steve O'Dwyer7 Scott Baumstein8 Allen Bari9 Matt Waxman

Levels last HALF-HOUR and starting stacks are 25,000.

television table mohegan sun 2011 BSO Joe Giron JGP5614.jpg

Television table at Mohegan Sun Bounty Shootout

Reporting team: Howard Swains and Alex Villegas. Photographs: Joe Giron.


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Keyless entry mobile app—OPENKEY



111614 Openkeyapp 300OpenKey has launched its free mobile application that permits keyless entry to hotel rooms via a guest’s smartphone. The applying serves as a contemporary solution and universal system for hotel room access with the speculation strongly backed by HOFTEL, the world’s leading association of hotel property investors that represents thousands of hotel properties and millions of hotel rooms worldwide. Lots of HOFTEL’s leading members plan only to buy OpenKey compatible locks for his or her hotels starting in June 2015.

OpenKey is designed as an open source service that works with various kinds of existing guest room electronic locks (RFID, NFC and Bluetooth-based locks) already available at most hotels. This also means OpenKey provides a single mobile application to open guest room doors at any participating hotel, so customers won’t must download every application for a few of the hotel brands they frequent.

“Hotels and guests alike will discover a new level of convenience and serve as within the OpenKey application,” explained Catherine Smith, director of digital strategy at OpenKey. “We have created a brand new solution that really caters to the desires of both the person hotels and the end-user. Guests enjoy the ease of keyless entry, while hotels reduce their administrative workload and increase efficiencies for front-desk staffing.”

OpenKey’s open platform brings global industry standards to its mobile technology, allowing hotel owners to launch their very own keyless room entry system without changing their current infrastructure and other mobile services. OpenKey’s opt-in service features a bank-level encryption that still grants guests the power to securely share, or revoke, key access to their rooms as needed.

OpenKey further protects hotel owners’ best interest on this emerging technology by offering hotels the reassurance that they hold their customers’ data and information, in preference to allowing online travel agencies or other third-parties to gather data on their valued customers world wide. OpenKey could be controlled by hotel real estate owning companies in order for it remains true to this goal.


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2014 ACOP Main Event Final Table: Jung one elimination from history



Sunny Jung is one elimination clear of creating history.

If he wins he'll be the primary two-time APPT champion and he's going to have won back-to-back ACOP Main Event titles - an enormous feat in the sort of prestigious tournament.

The man standing in his way is Gabriel Le Jossec.

There is HK$6,300,000 up top and a minimum of HK$4,250,000 going to both players.

That's not chump change. Both players are going to be fighting hard.

ACOP Heads Up .jpg

Gabriel Le Jossec (left) Vs. Sunny Jung

It came right down to the 2 players remaining following the successive eliminations of Ami Barer in fourth place and Zuo "ST" Wang in third.

It took two hands for Barer to hit the rail.

The first hand saw Jung all-in on a 8♦6♥J♦ flop with a couple and a flush draw against Barer's open-ended straight draw. Barer took the lead at the turn with a larger pair than Jung, but then the river gave Jung two-pair to double up and leave Barer short stacked.

Barer was crippled after this hand and ultimately got all his chips in with A♥7♥ on a 4♥2♣9♥ flop and was up against Jung's K♥K♠. Jung was ahead and the K♣ turn put him somewhat further ahead. Then the Q♣ river sealed the deal as Barer was eliminated for a HK$2,025,000 (~US$260,000) score and Jung used to be again a large chip leader.

Ami Barer ACOP Out.jpg

Ami Barer - 4th Place

It really was looking like Jung was going to run over his opponents at this point, but instead just a little a cooler situation saw Jung make trip aces and get out-kicked to double up Le Jossec and their stacks were evened out.

While this was going on, Wang was looking forward to a place together with his short stack and he found it when he looked down at A♣J♠ and got his chips in preflop against Jung's 9♦9♣.

The 4♦8♠T♥2♥6♥ board were the last five cards that Wang would see as he was eliminated in third place for which he received HK$2,565,000 (~US$330,850).

ST ACOP Out.jpg

Zuo "ST" Wang - 3rd Place

Wang was China's last hope and now it is a battle between Canada and Korea.

Jung going for a second title in a row, Le Jossec looking to stop him.

Continue to seek out full coverage at the 2014 ACOP page here on the PokerStarsBlog!


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Atlantic City Casinos Face Labor Discord at Worst Time Possible



Already facing numerous financial challenges, Atlantic City casinos now have union issues as hotel workers' labor contract expired.

Play the Best Slots at Superslots Casino! If Atlantic City casinos weren't already caught in a super economic storm, the deteriorating labor situation will soon make it so. The brand new Jersey gambling mecca is suffering monthly double-digit losses on earnings, because the recession and competition have drained many customers, and the labor issue may drive much more operators toward bankruptcy.

The contract for bartenders, waitresses, and hotel workers expires today, leaving 15,000 emplyees with out a labor deal. Both union leaders and casino officials say a brand new contract will quickly be arranged, but attempts to supply a working deal between the casinos and the United Auto Workers, representing dealers at certain resorts, has resulted in impasse for years.

Services will continue for now. The demands of each side don't seem to be known, nevertheless it is sure the casinos will look to stop any cost increases while the gaming palaces are still in free-fall, economically.

Trump Entertainment has gone into chapter 11 already, carrying three of the eleven Jersey casinos with it, although day-to-day operations have continued. The Tropicana was run by a trustee for over a year until a buyer may well be found for pennies at the dollar. And Resorts Atlantic City, the town's original casino, could soon be shuttered if lenders don't receive regulatory approval to exchange owners.

So, each side carefully eye the necessity to resolve the labor issue while realizing the precarious position all of them are in a single. wrong move, and it is a great distance down.

Published on September 15, 2009 by JulieWong


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Saturday, November 29, 2014

$200 FREE NO DEPOSIT



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Video Lottery Terminals Result in Social Concerns In Italy



The Top Online Casino Gambling News Reporting Site Since 2002!

Published on December 30, 2013 by April Gardner

Italy has always been strongly against online gambling, allowing just a select selection of operators to rule their gaming market. In recent years, the arena Trade Organization has forced Italy to come back into compliance with European Union trade agreements.

In the time because the country has began to comply, a special form of gambling has slowly chipped away at some social disorder. Italians are gambling at video lottery terminals at a record pace, and lawmakers are concerned that the social problems being due to the VLT's has become too great.

Lawmakers at a regional level have began to act at the social ills related to increased gambling problems. While the issue is person who is seen throughout Italy, with thousands of residents admitting to having a gambling problem, national legislators are turning a blind eye, in line with one local lawmaker.

"The government gets the profits, the territory gets the problems," said Lombardy regional lawmaker Angelo Ciocca.

The social problems have ended in a sequence of initiatives to take a look at and reel within the amount of gambling in Italy. Several proposals was acted upon, with most resulting in a downsizing of VLT's.

In Pavia, it's estimated that there's a slot machine for each 104 people within the city. Similar figures can also be seen in other areas of Italy.

Nationally, the federal government is raking in hundreds of millions of greenbacks in tax revenue from the machines, leaving lawmakers to show somewhat of a blind eye at the possible social ills. This can be a stance that may be duplicated in nearly every country where gambling tax revenue is a big section of the country's budget balancing.

There's not a distinction between gambling and life," said sociologist Maurizio Fiasco. "THERE IS NOT ANY separate space for gambling, it's everywhere."


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NYC Police Observe Need for Regulated Sports Betting



New York's police commissioner noted that illegal sports betting is harmful, proving a necessity for regulate sports gambling.

Cherry Red Casino! The police commissioner of latest York City mentioned this week exactly what gaming advocates was saying, that illegal sports betting is hurting society. Gambling analysts have reported repeatedly that regulating sports gambling is wanted to finish the huge sports wagering black market.

“Illegal gambling and money laundering aren't victimless crimes," said Raymond W. Kelly at a press conference announcing an incredible sports betting raid. "The proceeds from illegal sports betting are used to fuel organized crime and support harmful criminal enterprises."

State lawmakers have asserted that sports betting exists even supposing the federal ban against it continues, only in an illegal and untaxed form. Delaware and New Jersey lead quite a few states fighting the NFL and the dept of Justice at the laws making sports gambling illegal.

NFL representatives have claimed just a minute percentage of its fans are gambling, despite figures indicating sports wagering on football alone involves billions of bucks in illegal plays. Legislators desirous to regulate this activity both to create revenue and protect consumers argue that illegal sports betting is doing significant harm.

Kelly spoke at a statement of the arrest of virtually 40 people in a handful of states for taking almost $200 million in action over three years. The necessity to regulate sports betting and stop this illegal gaming struck even the commissioner.

Published on April 11, 2010 by MattMiller


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Read More... [Source: Sports Betting News]

Rome Casino Offers Classy Keno Casino Game



^What a ravishing board for players to enjoy while playing the thrill and popular casino game Keno, inside Rome Casino. Listed underneath their specialty games section, players can benefit from the game where picking winning numbers is the item of the sport. While players have a look at the screen, only a few simple moves gets them playing [...]
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Read More... [Source: Online Casino Reviews » Casino Games | Player Reviews of Online Casino Games]

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Coming soon: ESPT Valencia



The Estrellas Poker Tour's second Season 5 stop is coming soon, and are available hungry, because there may be paella!

Beginning April 1 and running through April 6, the ESPT and Casino Valencia will host a 12-event festival capped off with the €1,100 Main Event. Greater than 100 players have already qualified, and plenty of more have already said they're coming whether they qualify upfront.

estrellas valencia season 5.jpg

And, hey, come for the poker, but stay for the paella! While you are there, there'll be an excessively cool cooking competition which you can participate in.

Want to qualify? Satellites are running now on PokerStars. Just head on over to Events > More > Estrellas.

For an entire festival schedule, details about the cocktail party, and the paella competition details, visit the Estrellas Poker Tour Valencia website.

Brad Willis is the PokerStars Head of Blogging


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Read More... [Source: PokerStarsBlog.com :: Estrellas Poker Tour]

Las Vegas Casino Mogul Bob Stupak Dies



Bob Stupak, who brought Las Vegas the Vegas World and Stratosphere Casinos, died this week after a lifetime of helping shape the gambling town.

In a Las Vegas world increasingly more dominated by corporations in place of the colourful personalities of the past, the death of Bob Stupak Friday leaves rather less pizzazz at the Strip. Stupak is noted for founding both Vegas World and t5he Stratosphere, the needle-like structure that reaches higher into the sky than some other Vegas casino resort.

Stupak have been diagnosed with leukemia a while ago, and the disease finally took him this week after an extended fight. The legendary casino operator was 67.

Stupak was a master of promotion, either one of himself and his garish gambling venues. In 1996, Stupak was named "Mr. Las Vegas" by the town Council.

Stupak understood easy methods to keep his name within the papers, and the way to make use of that to the benefit of his casinos. He famously bet 1,000,000 dollars at the Super Bowl in 1989, and won his bet. Stupak is credited with being the primary to provide a million-dollar jackpot on a spin of a slot machine.

Stupak was also as much a gambler as an operator, being a standard player on the World Series of Poker. He built the Stratosphere's tower as high because the FAA would allow, noting that he could look down on some other casino and gambling joint in town.

In a city made great by men like Benny Binion and Bugsy Segal, Bob Stupak was another of the larger-than-life figures which are passing from the penthouses of Las Vegas into lore. The town is smaller without him.

Published on September 26, 2009 by MattMiller


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Australian Football Star Says He Has Problem with Online Gambling



A football star from down under has gone public along with his difficulty in controlling his online gambling and horse race wagering, saying he needs counseling.

OnlineVegas.com! Brendan Fevola, a celebrity forward for the Brisbane Lions of the Australian Football League, came forward and said problem gambling had put him deep in debt and driven him to hunt counseling. Fevola says he lost thousands and thousands of greenbacks betting on horse racing, slots, and online gambling, especially Internet poker.

Fevola adamantly denied his troubles had by any means affected him as a football player, and said he had never bet on a football game. He says he told his coach of his difficulties in January, and started undergoing therapy the next month.

Fevola is solely recently a Lion, as he was received in trade from Carlton after embarrassing the team with public drunkenness and crude behavior. Scientists have found that impulse control with gambling is in general related to broader control problems, equivalent to substance abuse and alcoholism.

"I have a gambling issue and that i wish to knock it at the head," said Fevola at the AFL Footy Show. "It hasn't affected my footy, but by addressing it I'M HOPING I CAN pop out the opposite end a greater person."

According to reporters at the Australian TV show, Fevola owes over $100,000, including debts to a few bookmakers. Some sources say the debt is definitely over $300,000, but lawyers for Fevola dispute that, saying $100,000 continues to be high.

Published on April 29, 2010 by PrestonLewis


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Read More... [Source: Horse Racing News]