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Sunday, November 25, 2018

November 25, 2018

Mazen Abdallah Leads 333 Players into WPT Seminole Rock ‘N’ Roll Poker Open Day 2

Casino News Daily
Mazen Abdallah Leads 333 Players into WPT Seminole Rock ‘N’ Roll Poker Open Day 2

Mazen Abdallah snatched the chip lead late into Day 1B to lead 333 hopefuls into WPT Seminole Rock ‘N’ Roll Poker Open’s next stage

Poker action is heating up at Seminole Hard Rock Hotel & Casino Hollywood where the latest edition of the WPT Seminole Rock ‘N’ Roll Poker Open is currently taking place. The two starting flights of the $3,500 event are now complete and figures show that 333 survived through Days 1A and 1B to advance into the second day of action at the host casino.

This year’s WPT Seminole Rock ‘N’ Roll Poker Open drew a record-breaking field of 898 entries, of whom 417 registered through Day 1A and the other 481 came into the event through Day 1B.

Mazen Abdallah, a player from Houston, Texas, will lead the remaining survivors into today’s Day 2. The player accumulated a stack of 469,500 on Day 1B to come atop the temporary leaderboard. Abdallah was also the only player to pass the 400,000 mark. He secured his chip lead late into the day. The player eliminated two fellow contenders on two consecutive hands to multiply his stack and emerge as the chip leader.

If Abdallah makes it to the paid positions, he will secure his largest ever cash from a live tournament. Speaking of money, the event’s field smashed the $2 million guarantee to generate a prize pool of $2,873,600. The money will be split into payouts for the top 113 finishers, min-cashes sitting at $5,845. The bubble is on pace to burst at some point today.

The six final tablists will each secure a min-cash of $103,310. And awaiting the champion is a top prize of $504,820 as well as a seat into the season-ending WPT Tournament of Champions.

Notables Still in the Race for the Title

No other player passed the 400,000 mark on Day 1B and no other player even passed the 300,000 mark. However, there were a number of notables who made it through the day, including Caufman Talley, Vinny Pahuja, Jeff Trudeau, and Nick Yunis. All four bagged more than 250,000 worth in chips at the end of the second starting flights.

They will be joined by the likes of Day 1A chip leader Ajay Gnanasambanthan, and former WPT champions Anthony Zinno, Phil Laak, Jonathan Jaffe, and Sam Panzica, who all locked a seat into Day 2 through the tournament’s first starting flight.

Day 2 of the tournament is scheduled to take place today starting at noon local time. The remaining players will play ten 60-minute levels, during which the money bubble is expected to burst. The Action Clock will be introduced one table from the bubble to add extra thrill to those battling for the WPT Seminole Rock ‘N’ Roll Poker Open title at the host casino.

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The post Mazen Abdallah Leads 333 Players into WPT Seminole Rock ‘N’ Roll Poker Open Day 2 appeared first on Casino News Daily.

November 25, 2018

Teddy Sagi Offloads Entire Stake in Playtech

Casino News Daily
Teddy Sagi Offloads Entire Stake in Playtech

The Israeli billionaire has sold his entire stake in the gambling company as US activist investor has been urging Playtech to sever ties with its founder

Israeli businessman Teddy Sagi has sold out of his holding in online gaming provider Playtech, a company he founded himself nearly two decades ago.

Through a placement by Brickington Trading, Mr. Sagi has sold around 15.2 million ordinary shares, equivalent to 4.8% of the company. Brickington Trading is a wholly owned subsidiary of Globe Invest, a trust of which the Israeli billionaire is the sole beneficiary. With the latest sale of Playtech stock, Mr. Sagi has offloaded his entire holding in the online gambling company and has put an end to his involvement in it. He was quoted saying that he wishes Playtech “every success in the future”

Earlier this month, the businessman sold nearly 5 million shares, equivalent to 1.6% of the London-listed company’s issued capital.

Mr. Sagi founded Playtech in 1999. The company specializes in the provision of solutions for the online gambling industry. Playtech floated on the London Stock Exchange in 2006. Since its flotation, it has grown tremendously through acquisitions. The company currently employs more than 5,000 people and has offices in 17 countries. With estimated market cap of around £1.4 billion, Playtech is member of the FTSE 250.

The company has had a bit of a hard time lately as its shares have halved in price over the past year on the back of two profit warnings.

At a price of 450 pence per share, Mr. Sagi has collected the approximate amount of £68 million from the sale of his final 4.8% stake in the company. Prior to Playtech’s flotation, the businessman owned more than a half of the company. However, he has sold down his controlling stake in the company bit by bit over the past several years, saying that he wants to diversify his business portfolio and pursue new endeavors, primarily in the real estate and technology sectors.

Mr. Sagi has recycled the proceeds from the sale of Playtech shares to buy London’s Camden Market and Dutch developer of shared office spaces for startups and entrepreneurs Brack Capital, among others.

Investor Pressure

News about Mr. Sagi cutting ties with Playtech emerge shortly after The Times reported that American activist investor Jason Ader of SpringOwl Asset Management has penned a letter to the directors of the gambling technology giant to express his concerns about the Israeli businessman’s involvement.

According to Mr. Ader, Mr. Sagi’s colorful past, has had a negative impact on Playtech’s value and the company’s ambitions to expand to the United States. The activist investor has referred to the fact that Mr. Sagi was sentenced to prison in his homeland back in his early twenties on insider trading charges.

It emerged earlier this year that Mr. Ader has quietly built a 5% stake in Playtech. The investor is known for playing a key role in GVC Holdings’ acquisition of fellow online gambling operator bwin.party in 2016.

It is believed that Mr. Ader is now pressing for Playtech to dispose of its financial businesses and focus on its gaming operations. In previous comments on his involvement in the gaming tech company, the US investor has said that Mr. Sagi still being part of the company was “a negative” for it and that he did not have “a sense that the future of the company includes Teddy Sagi.”

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The post Teddy Sagi Offloads Entire Stake in Playtech appeared first on Casino News Daily.

Saturday, November 24, 2018

November 24, 2018

Sports Betting Arrives in Rhode Island in Historic Year for US Gambling Industry

Casino News Daily
Sports Betting Arrives in Rhode Island in Historic Year for US Gambling Industry

Rhode Island becomes eighth state to offer legal sports wagering in an eventful week for the US betting industry

Sports betting is coming to Rhode Island starting Monday, November 26, at Twin River Casino in Lincoln. The state will thus become the nation’s eighth one to be offering legal sports gambling and New England’s first one in a landmark year for the US gambling industry.

The Rhode Island General Assembly enacted a sports betting law back in June, and legal wagering services were expected to commence by October. However, delays of different nature pushed back the start of sports betting to the end of November.

The announcement about the official start of sports betting in Rhode Island arrived as the latest big news in an eventful week for US sports betting. Pennsylvania’s first wagering facility opened doors a few days ago. A new sportsbook was launched in West Virginia, as well. The state’s first legal betting operations commenced in late August.

Twin River Casino officials have previously said that the property will begin offering sports betting to its customers around Thanksgiving. As it can be seen they have almost lived up to that promise.

Sports betting operations will commence at the casino at 3 pm local time on Monday, when House Speaker Nicholas Mattiello, Senate President Dominick Ruggerio, and Twin River Worldwide Holdings Chairman John Taylor Jr. will place a ceremonial first bet.

Wagering services will initially be provided at a temporary facility on the third floor of the casino complex. Officials have called that temporary facility Phase 1. Customers will be serviced there while the main sportsbook is under development.

At first, gambling customers will be able to place wagers on US-based games. International competitions such as English Premier League and other European leagues are expected to be added later. Patti Doyle, a spokeswoman for Twin River Casino, has also said that “more exotic” bets will also be available in the betting lounge at a later date.

Under Rhode Island’s newly adopted sports betting law, gamblers will only be able to wager at physical sportsbooks. Online and mobile betting were not included in the state’s sports gambling framework.

Estimated Economic Impact

According to estimates, the state will collect $11.5 million in tax revenue from sports betting through the end of the fiscal year on June 30. The above-mentioned amount is significantly less than the original projection for tax revenue of $23.5 million that was based on the previously announced October 1 launch of Twin River Casino’s sports betting operation. The state expects to get $27.3 million in tax revenue next fiscal year.

Under Rhode Island gambling laws, legal sports betting operations are taxed at 51% on betting revenue.

According to projections, Rhode Island’s two Twin River casinos will annually handle $814 million in wagers. Twin River Casino in Tiverton is expected to launch its sportsbook sometime in December. The Tiverton casino complex opened doors to the public on September 1. Aside from an 85,000-square-foot gaming floor, it also features an 84-room, three-story hotel, and multiple entertainment options.

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The post Sports Betting Arrives in Rhode Island in Historic Year for US Gambling Industry appeared first on Casino News Daily.

November 24, 2018

MGM, Wynn tamp down Boston casino intrigue

Las Vegas Sun Stories: Gaming
MGM, Wynn tamp down Boston casino intrigue
Executives for MGM and Wynn are tamping down speculation the companies are quietly in talks over Wynn's Boston-area casino. MGM Resorts International CEO Jim Murren said today it would have to be an "extremely unique situation" for officials to ...

Friday, November 23, 2018

November 23, 2018

Throwback: Phil Ivey vs Tom Dwan on Million-Dollar Pot

BankrollMob News - Poker / Casino / Betting
Throwback: Phil Ivey vs Tom Dwan on Million-Dollar Pot
David Tuchman, who specializes in sports commentating for football and poker, recalls the awesome moments he witnessed as he commentated on a remarkable hand between Phil Ivey and Tom Dwan. It was in the Full Tilt Poker Million Dollar Cash Game around nine years ago that there were only three men, namely Phil Ivey, Tom Dwan and Patrik Antonius battling it out at a poker table as midnight drew near. David Tuchman, renowned poker commentator, fondly described his personal experience about the [...]
November 23, 2018

Kevin Gerhart Wins Debut WSOP Circuit Gold Ring at Planet Hollywood

Casino News Daily
Kevin Gerhart Wins Debut WSOP Circuit Gold Ring at Planet Hollywood

A Pot-Limit Omaha expert takes down the only PLO event on the schedule of the WSOP Circuit Planet Hollywood stop

Pot-Limit Omaha specialist Kevin Gerhart has won earlier this week his first WSOP Circuit gold ring by taking down namely a PLO tournament at Planet Hollywood. The player, who hails from Ohio but now resides in Las Vegas, emerged victorious in the $400 Pot-Limit Omaha Re-Entry for a cash prize of $10,493 and the gold piece.

The two-day tournament saw 106 entries register to create a prize pool of $34,980. The final 12 players received a share of that prize pool.

Gerhart was one of the four players who bagged chips at the end of Day 1 of the event to progress into its second day. The eventual winner had the third largest stack at the time Day 2 action kicked off. However, he told WSOP Circuit staff after his victory that he had had a feeling that it would be him and the start-of-the-day chip leader, Mesha Zakharov, who would play the heads-up. The two players indeed ran into each other at the tournament’s finale to determine who would take home the gold ring and the first-place prize. Zakharov was too going for his first gold ring from the series, but it was not meant for him this time and he had to settle for a second-place finish.

Pot-Limit Omaha Specialist

Pot-Limit Omaha is Gerhart’s favorite poker game and he has been playing it a lot over the past several years. The player told WSOP staff that he has been trying to play as many PLO tournaments as possible. He won a PLO tournament and finished runner-up in another one in the months prior to his victory at Planet Hollywood.

The player attributes his success in that particular game to his good feel for PLO as well as to the fact that most of his opponents are less experienced. Gerhart went on to say that it is much harder to find information on PLO than it is on No-Limit Hold’em.

Of his plans for the rest of the Planet Hollywood series, the brand new WSOP Circuit champion said that he had originally intended to play the Main Event over the weekend, but after his triumph, he decided to try to snatch a bit more points for the Casino Championship race by playing a few more tournaments. The player who accumulates the most points by the end of the stop will secure a seat into the season-ending $1 million guaranteed Global Casino Championship.

However, Gerhart will have to play No-Limit Hold’em tournaments until the end of the Planet Hollwood series, as its schedule does not include any other Pot-Limit Omaha events. It is to be seen how the player will cope and whether he is just as good in No-Limit Hold’em as he is in the poker game he loves so much.

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The post Kevin Gerhart Wins Debut WSOP Circuit Gold Ring at Planet Hollywood appeared first on Casino News Daily.

November 23, 2018

Traffic Label Launches Affiliate Programme with Income Access for SlotsAffiliates.com

Casino News Today
Traffic Label Launches Affiliate Programme with Income Access for SlotsAffiliates.com

Traffic Label, a UK-based firm specialising in the development of comprehensive marketing strategies, has announced the launch of an affiliate programme for its SlotsAffiliates.com network with Income Access, Paysafe’s marketing technology and services provider. Through its integration with Income Access’ affiliate software platform, SlotsAffiliates.com will look to optimise growth and acquisitions across its six network brands. SlotsAffiliates.com was launched in ...

The post Traffic Label Launches Affiliate Programme with Income Access for SlotsAffiliates.com appeared first on Casino News Today.

November 23, 2018

Resorts Casino Unveils New Permanent DraftKings Sportsbook In Atlantic City

Resorts Casino Unveils New Permanent DraftKings Sportsbook In Atlantic City
draftkings sportsbook at resorts

The king of NJ online sports betting, DraftKings Sportsbook, opened up a new permanent retail sportsbook location inside Resorts Casino in Atlantic City.

The post Resorts Casino Unveils New Permanent DraftKings Sportsbook In Atlantic City appeared first on .

Thursday, November 22, 2018

November 22, 2018

Cosmin Joldis Joins WSOP Circuit Winners Club with Victory at Planet Hollywood

Casino News Daily
Cosmin Joldis Joins WSOP Circuit Winners Club with Victory at Planet Hollywood

Joldis, a good friend of 12-time gold ring winner Valentin Vornicu, took down the $600 Double Stack No-Limit Hold’em for his first piece of WSOP Circuit gold

Cosmin Joldis from Romania has become the latest player to capture a gold ring from the ongoing WSOP Circuit Planet Hollywood series. The player was crowned the victor of Event #5: $600 Double Stack No-Limit Hold’em to claim his first piece of Circuit jewelry and a first-place prize of $19,758.

The event drew an international field of 137 entries who created a prize pool of $70,555. Players battled it out for two days until there was just one last contender left. Day 1 of the event ended with 27 hopefuls still in contention for the gold piece. They had two important tasks ahead for Day 2 – to burst the money bubble and then to determine the champion.

There were payouts for the top 15 finishers, min-cashes were worth $1,191. Action unfolded quite quickly on Day 2 of the tournament and it was not long before the money bubble burst. Players then kept leaving the poker tables at the host venue until there were just four of them left at the time when action stopped for dinner break.

Joldis was the chip leader at the time with 2.3 million and a good advantage over his three remaining opponents. Daniel Perkins had the second largest stack at that point, but he only had 1.2 million worth in chips.

Joldis Eyes Global Casino Championship Seat

The final stage of the tournament was quite a race. It took relatively quickly for the final four to be whittled down to just Joldis. Martin Logue was the Romanian’s final challenge before claiming the title. Logue was eyeing his first gold ring from the series, but eventually finished second to scoop his first WSOP Circuit cash of $12,210.

As for the winner, he came into the Double Stack event fresh off a fourth-place finish in a $400 buy-in event at Planet Hollywood. The player now has 77.5 points from the stop and holds a firm lead in the Casino Championship race. The player who becomes the Planet Hollywood Casino Champion, that is the one who accumulates the most points throughout the stop, will secure a seat into the season-ending $1 million guaranteed Global Casino Championship.

Joldis told WSOP staff that he will be playing the Main Event over the weekend in a bid to cement his top spot.

The Romanian player is a good friend of WSOP Circuit star and record-breaking gold ring winner Valentin Vornicu, who himself hails from Romania. Aside from his participation in WSOP Circuit events, Joldis has also had quite the run in the WSOP. The player cashed for over $225,000 during last year’s edition of the summer poker series. Most notably, he finished 50th in the 2017 WSOP Main Event, collecting $145,733 for his deep run.

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The post Cosmin Joldis Joins WSOP Circuit Winners Club with Victory at Planet Hollywood appeared first on Casino News Daily.

November 22, 2018

SiGMA 2018 launches in 1 week

Casino News Today
SiGMA 2018 launches in 1 week

As a well-established staple on the iGaming calendar, it is unsurprising that the interest from the iGaming industry has been intense. In 1 week time the super-show plans to welcome 12,500 guests, including 400 sponsors and exhibitors and 200 speakers through its doors. To keep pace with demand, the sold-out MFCC floor space has been expanded and an extra day ...

The post SiGMA 2018 launches in 1 week appeared first on Casino News Today.

November 22, 2018

partypoker's Caribbean Poker Party $10,300 High Roller event won by Roberto Romanello for $450,000

BankrollMob News - Poker / Casino / Betting
partypoker's Caribbean Poker Party $10,300 High Roller event won by Roberto Romanello for $450,000
On the last day of partypoker's 2018 Caribbean Poker Party festival, one of the poker room's very own ambassadors nabbed the top spot of the $10,000 High Roller event for a whopping $450,000 payday! The event drew a field of 196 players in total, and Romanello from Wales beat Italian Mustapha Kanit in a heads-up match after they agreed on an ICM (independent chip model) arrangement. A bit of money was still at stake aside from the trophy, and both players went on with the match in a friendly [...]

Wednesday, November 21, 2018

November 21, 2018

Wazdan shortlisted for Malta Gaming Awards

Casino News Today
Wazdan shortlisted for Malta Gaming Awards

Innovative slots-maker Wazdan has been shortlisted for the Malta Gaming Awards in the Games Vendor category. Wazdan have gathered a lot of interest around them this year due to numerous nominations, shortlistings and awards. The company took the prestigious ‘Online Casino Innovator Award 2018’ at the Central and Eastern Europe Gaming Conference (CEEGC) held in Budapest as well as the ...

The post Wazdan shortlisted for Malta Gaming Awards appeared first on Casino News Today.

November 21, 2018

Hitting Paydirt: Giving Thanks During NFL Week 12 With DraftKings Sportsbook

Hitting Paydirt: Giving Thanks During NFL Week 12 With DraftKings Sportsbook
thank you

DraftKings Sportsbook looks in on the upcoming NFL Week 12 games on Thanksgiving. The NJ sports betting site has a few lines and odds to consider.

The post Hitting Paydirt: Giving Thanks During NFL Week 12 With DraftKings Sportsbook appeared first on .

November 21, 2018

Virginia Legislature to Open Sports Betting Legalization Debate Next Year

Casino News Daily
Virginia Legislature to Open Sports Betting Legalization Debate Next Year

Two Virginia lawmakers to introduce sports betting bills during next year’s legislative session

Virginia has made first solid indications that it is ready to get on the sports betting bandwagon as the practice is cementing itself as the hottest US gambling industry topic. Local news outlet the Virginia Mercury reported on Tuesday that two state lawmakers have announced plans to introduce sports betting bills during the Virginia Legislature’s 2019 session, which starts in January.

State Sen. Chap Petersen revealed yesterday that he would introduce a legislation to legalize wagering as part of a plan to reduce tuition fees at Virginia’s community colleges. Under his bill, titled Virginia Sports Gaming Tuition Reduction Act, state cities and counties would have to hold a referendum in order to decide whether they want sports betting services to be provided on their territories.

Betting on college games would not be allowed under Sen. Petersen’s piece. Tax revenue from legal wagering services would be split between localities and the state’s community college system, it became known on Tuesday.

Another Virginia legislator said yesterday that he would table a sports betting bill once the new legislative session is under way. Del. Mark Sickles explained that under his piece, legal sports betting would be taxed at 15% on revenue. According to initial estimates, wagering services could generate up to $41 million. The money would be used to fund research activities at Virginia’s universities.

Under Del. Sickles’ bill, the Virginia Lottery would be tasked with regulating and overseeing the state’s sports gambling industry. There will be five sports betting licenses for grabs, if that particular legislative piece is enacted. Del. Sickles’ proposal would ban wagering on Virginia college and university games, but would allow “wagering on collegiate athletic tournaments in the commonwealth if allowed by the sporting league.”

Commenting on his plan to introduce a sports betting bill, Sen. Petersen said in a Tuesday statement that he sees no reason why betting should be kept illegal when neighboring states are “already moving to legalize.” West Virginia went live with legal sports wagering in August, while North Carolina, Tennessee, and Kentucky lawmakers are all expected to discuss the matter next year.

In a separate statement, Del. Sickles said yesterday that with his legislation, he aims to provide a “framework for an open, transparent, and responsible market for legal sports betting.”

A Handful of Gambling-Related Topics to Be Discussed

The apparent start of a sports betting debate in Virginia should surprise no US gambling aficionado. The state was the first to legalize daily fantasy sports back in the spring of 2016 after the activity had taken center stage in prolonged and heated debates and legal actions in multiple states around the nation.

Bearing the above in mind, Virginia could certainly become a target for a concerted effort for the legalization of sports gambling. Companies like DraftKings and FanDuel have already gained foothold in Virginia with their daily fantasy sports product, but they have also been expanding their sports betting operations across the states where the practice is legal to secure a chunk of the lucrative wagering market. As a result, they can have a particularly smooth entry into Virginia when and if the state moves to legalize sports gambling.

It should also be noted that sports betting would not be the only gambling-related topic to be discussed in the Virginia General Assembly next year. A business group in Bristol is lobbying for the legalization of casino gambling in the state in order to be able to build a $150-million casino resort at the site of the vacated Bristol Mall, arguing that a development of this kind would have a “transformative” impact on the city, the region, and the state as a whole.

And while the Virginia Legislature has traditionally been against any form of gambling expansion in the state, it seems that following the latest gambling developments around the nation, it might have adopted a little bit more relaxed stance on betting and casino gaming.

Earlier this year, lawmakers authorized the new owner of the shuttered Colonial Downs racetrack to add historical horse racing machines at the property as well as at up to ten off-track betting facilities around the state.

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The post Virginia Legislature to Open Sports Betting Legalization Debate Next Year appeared first on Casino News Daily.

November 21, 2018

Nikunj Jhunjhunwala Outwits Giant Field to Claim WPT India Title

Casino News Daily
Nikunj Jhunjhunwala Outwits Giant Field to Claim WPT India Title

Nikunj Jhunjhunwala claims biggest career victory as he successfully navigated through a behemoth field of 697 tournament entries

Another successful WPT event is now in the books after several days of quality poker action. Nikunj Jhunjhunwala took down the record-breaking field of the WPT India Main Event earlier this week to collect the tournament trophy and a first-place prize of INR6.635 million (approximately $92,176), and join the club of WPT champions.

The tournament took place on November 16-19 at Deltin Royale Casino in Goa. It drew a field of 697 entrants who paid a buy-in fee of INR55,000 each to generate a prize pool of more than INR36.8 million (a little over $500,000). The top 88 finishers received a share of the prize pool.

Jhunjhunwala was among the final nine players who returned to the host casino on the Main Event’s final day. With a chip stack of 1.46 million, the eventual winner was occupying a spot at the bottom half of the chip counts chart when nine-handed play kicked off. However, that did not discourage him and he managed to build a solid stack throughout the day.

Deepak Singh was the chip leader at the start of the final table. The player had 4.595 million in chips. Trailing closely behind, Amit Jain was second in chips with 4.5 million. Each of the nine remaining contenders was guaranteed a min-cash of INR663,976, and each of them nurtured aspirations of becoming the next WPT champion by outlasting a behemoth field.

Jhunjhunwala Runs Into Sahil Mahboonbani in a Final Heads-Up

As play progressed, players busted one after another until the final table was reduced to just two players – Jhunjhunwala and Mahboonbani. Their two-handed match began with Mahboonbani holding a slight advantage over Jhunjhunwala. Mahboonbani managed to extend his lead over the first stages of the duel, but Jhunjhunwala quickly gained momentum and doubled up twice to eventually take a commanding lead.

On what turned out to be the tournament’s final hand, Mahboonbani went all in pre-flop for his final 1.6 million in chips and Jhunjhunwala called. The former flipped over [Kc][8s], while the latter showed [9s][5s]. The board rolled out [Qd][10d][5h][9d][8c], giving Jhunjhunwala a winning two pair and sending his opponent to the rail. Mahboonbani collected INR4.653 million for his solid performance and his runner-up finish.

Asked about what it felt like to score the biggest win of his poker career, Jhunjhunwala told WPT staff that it was all thanks to his rail. Friends and family were cheering the player throughout the difficult heads-up and that kept him motivated.

Of his strategy, the brand new WPT champion said that he gave it some time at first to study his rival and be able to put pressure on him at a later stage. Jhunjhunwala went on to say that he preferred playing post-flop as opposed to Mahboonbani, whose forte was online poker and he really acted as an online player during heads-up, making important moves pre-flop.

The WPT is next heading to the United States where not one but two events are set to kick off on Friday, November 23 – the WPT Rock ‘N’ Roll Poker Open at Seminole Hard Rock Hotel and Casino in Hollywood, Florida, and the WPTDeepStacks Thunder Valley at Thunder Valley Casino Resort in Lincoln, California.

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The post Nikunj Jhunjhunwala Outwits Giant Field to Claim WPT India Title appeared first on Casino News Daily.

Tuesday, November 20, 2018

November 20, 2018

Nominations are open for BSG Awards 2019 Vilnius

Casino News Today
Nominations are open for BSG Awards 2019 Vilnius

Nominations are open for the Baltic and Scandinavian Gaming Awards (BSG Awards 2019 Vilnius). The team at European Gaming Media and Events has announced the launch of the inaugural BSG Awards. The BSG Awards stands for Baltic and Scandinavian Gaming Awards and will recognize highly ranked, trustworthy, hard-working companies for their respective field of activity in the the online gambling ...

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November 20, 2018

DraftKings Sportsbook’s $60 Free Bet Is The Best Thing Since Apple Pie

DraftKings Sportsbook’s $60 Free Bet Is The Best Thing Since Apple Pie
apple pie

DraftKings Sportsbook offers new players an exclusive $60 in free bets just for signing up, no deposit required. The limited time offer ends Nov. 26!

The post DraftKings Sportsbook’s $60 Free Bet Is The Best Thing Since Apple Pie appeared first on .

November 20, 2018

partypoker's CPP $250K Super High Roller Championship won by Steffen Sontheimer for $3.6M

BankrollMob News - Poker / Casino / Betting
partypoker's CPP $250K Super High Roller Championship won by Steffen Sontheimer for $3.6M
German Steffen Sontheimer emerged as the top winner in partypoker's Caribbean Poker Party $250,000 buy-in NLHE Super High Roller Championship, earning a humongous $3,685,000 cash prize which is by far his biggest ever live tourney score. The event drew in 34 players with a prizepool of over $7.5 million. However, only 4 players would end up getting a payout. On the final day of the event, there were only six players remaining: Nick Petrangelo, partypoker ambassador Isaac Haxton, Mikita Badzi[...]
November 20, 2018

Austin Reilly Wins WSOP Circuit Planet Hollywood Event #2 for Second Career Ring

Casino News Daily
Austin Reilly Wins WSOP Circuit Planet Hollywood Event #2 for Second Career Ring

Reilly captured his second gold ring and $46,509 after commanding final table performance at Planed Hollywood in Las Vegas

Austin Reilly brought a solid stack into the final day of Event #2 at the WSOP Circuit Planet Hollywood stop, and that combined with his skill helped him outwit what had left of the tournament’s field to claim his second career gold ring from the series and a cash prize of $46,509.

The final day of the $400 buy-in event took place on Monday at the host casino. Action commenced with nine players, the final hopefuls from an overall field of 712 entrants. Aside from Reilly, the final table featured three more former gold ring winners and a one-time WSOP gold bracelet winner.

Walter Rodriguez was leading the nine hopefuls when cards were thrown in the air to mark the start of final table play. The player had 2.34 million in chips at the time, but Reilly was not far behind with his stack of 2.155 million. The two players were the only ones to have passed the two-million mark at the time.

Rodriguez lost his start-of-the-day momentum to eventually leave in 6th place. Reilly’s momentum, on the other hand, remained intact as the player was making his way through a tough final table.

As action progressed, the final table narrowed to just two survivors – Reilly and Nate Bandy. Of all accomplished players at this final stage of the game, Bandy was the one to boast the largest collection of WSOP Circuit trophies. He was going for his ring number five, but it was not meant to be.

Heads-Up

The two-handed match began with Reilly holding the chip lead. The player said in his post-victory interview that his advantage indeed gave him some comfort. However, he further dwelt that a previous streak of runner-up finishes at WSOP Circuit events was certainly in the back of his mind and he really did not want to once again end up second.

The runner-up spot was reserved for Reilly’s heads-up opponent this time. Bandy was denied a fifth gold ring, but received a consolation prize of $29,025. As for the champion, he collected $46,509 and the shiny gold piece.

Reilly got introduced to the WSOP Circuit a little over two years ago. He won the first Circuit event he had ever cashed in for his first gold ring and a hefty payout of $108,270. He topped the massive 2,447-strong field of a No-Limit Hold’em tournament at Harrah’s Cherokee in August 2016. Since then, the player has cashed in 14 Circuit events, including in last night’s, has made five final table appearances, and has finished runner-up in four of those.

Reilly told WSOP Circuit staff that he will skip the Main Event at Planet Hollywood as he planned to head to Harrah’s Cherokee, the casino where it all started for him, where a Circuit stop is set to kick off in a few days.

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The post Austin Reilly Wins WSOP Circuit Planet Hollywood Event #2 for Second Career Ring appeared first on Casino News Daily.

Monday, November 19, 2018

November 19, 2018

Two Tribes Sue Southern California Cardrooms for Providing House-Banked Card Games

Casino News Daily
Two Tribes Sue Southern California Cardrooms for Providing House-Banked Card Games

The complaint filed by the two tribes seeks to stop non-tribal cardrooms from operating house-banked card games

Two tribes are suing several Southern California cardrooms, claiming that they have been violating state laws by providing house-banked card games, including blackjack, as well as percentage card games, local news outlets report.

The federally recognized California-based Santa Ynez Band of Chumash Indians and the Rincon Band of Luiseño Indians filed a lawsuit on Friday against twelve private, for-profit corporations operating cardrooms across Southern California and a number of unnamed third-party proposition player firms.

The Chumash and Luiseño tribes explained that their suit did not aim to challenge the right of the cardrooms to operate but to challenge the operation of house-banked and percentage card games. Back in 2000, state voters approved Proposition 1A, under which only federally recognized tribes were allowed to offer the above-mentioned card games on tribal land.

In their lawsuit, the two Indian nations said that they would not have taken legal action, if the state Department of Justice and the Gambling Control Commission had moved to enforce the provisions of Proposition 1A. The Chumash and Luiseño tribes further noted that they had been trying to solve the issue for well over a decade now, but with no success.

The legal complaint, filed in the San Diego County Superior Court late last week, stated that by offering house-banked and percentage card games, the defendant card rooms breached the California Constitution and existing gambling laws.

Legal Remedies

The complaint seeks injunction to compel the defendants to stop offering house-banked and percentage card games and legal relief for the financial losses sustained by the two tribes, which has also resulted in the loss of revenue for the government, employment opportunities for tribal members, and goodwill. Allegations in the lawsuit further included unfair competition and public nuisance, among others.

Hustler Casino, Oceans 11 Casino, Hollywood Park Casino, and Hawaiian Gardens Casino were among the defendant card rooms named in the lawsuit. Defendant players were named John Doe 1 through 25 and Green and Red Companies I through XXV.

California tribes and the state’s cardrooms have been in a turbulent relationship for nearly two decades now. As mentioned earlier, the tribes were given the exclusive right to operate house-banked card games back in 2000. A year later and following mounting pressure from California’s non-tribal cardrooms, state lawmakers allowed them to offer card games as long as players acted as the bank, not the house as it was at tribal casinos.

Shortly after, cardrooms started hiring proposition players to act as the bank, thus circumventing the law. A whole new industry emerged as a result, with third-party proposition player companies penning agreements with the cardrooms to provide players. There were also cardrooms that later on started banking their card games, dismissing the law altogether.

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The post Two Tribes Sue Southern California Cardrooms for Providing House-Banked Card Games appeared first on Casino News Daily.

November 19, 2018

MGM, Wynn tamp down Boston casino intrigue

Las Vegas Sun Stories: Gaming
MGM, Wynn tamp down Boston casino intrigue
Executives for MGM and Wynn are tamping down speculation the companies are quietly in talks over Wynn's Boston-area casino. MGM Resorts International CEO Jim Murren said today it would have to be an "extremely unique situation" for officials to ...
November 19, 2018

partypoker's Caribbean Poker Party $5300 Main Event won by Filipe Oliveira for $1.5M

BankrollMob News - Poker / Casino / Betting
partypoker's Caribbean Poker Party $5300 Main Event won by Filipe Oliveira for $1.5M
Portuguese Filipe Oliveira emerged as the top winner of partypoker's 2018 Caribbean Poker Party $10M guaranteed $5,300 buy-in NLHE event. The event attracted a player field of 1,815 entries which means that the organizer needed to add about $925,000 as an overlay, despite the last-minute surge of entrants (they needed at least 2,000 entries to reach the guarantee; rake not counted). Oliveira happily took home a huge $1.5 million payout as the champ of this event, tremendously surpassing his [...]
November 19, 2018

Microgaming starts a new era of prestige table games with Switch Studios

Casino News Today
Microgaming starts a new era of prestige table games with Switch Studios

Microgaming is to shake up the table games vertical with Switch Studios, a new independent game studio that will develop content exclusively for the online gaming supplier. Based in Ipswich, UK, the close-knit group of online gambling and social gaming experts are driven by a collective passion for games and building dynamic features with the latest technology to personalise gameplay. ...

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Sunday, November 18, 2018

November 18, 2018

Day 2 of WSOP Circuit Planet Hollywood Event #2 Kicks Off with 70 Hopefuls

Casino News Daily
Day 2 of WSOP Circuit Planet Hollywood Event #2 Kicks Off with 70 Hopefuls

The tournament drew 712 entries, 70 made it through their respective flights to secure a spot among those returning for Day 2

All six starting flights of the $400 No-Limit Hold’em or Event #2 on the schedule of the WSOP Circuit Planet Hollywood stop are now complete and those who managed to survive through their respective Day 1s are set to return at the host casino today at 3 pm local time to play Day 2.

Days 1E and 1F took place at the poker room at Planet Hollywood on Saturday. And it should be said that it was a busy, action-packed day. Flight E kicked off at noon local time to draw 221 entries who added another $72,930 to the prize pool.

The tournament’s fifth flight was scheduled to end once all 18 levels were played or until there were ten players left at the tables of the host casino. The top 24 players were to cash from Day 1E, min-cashes starting from $673, and the money not paid out throughout that day was to be added to the overall prize pool.

Once all 18 levels were complete, there were eighteen players left. They will join the survivors from the previous days to resume competition for the title and the first-place prize later today.

Flight F

The final flight was scheduled to feature 18 levels, just as the ones that had already taken place. Day 1F drew 157 entrants, of whom the top 18 were to make the money. Action was slated to continue until there were ten players left or until all scheduled levels were marked as complete. Flight F’s min-cashes were worth $695. Only 16 players managed to put chips in their bags when all 18 Day 1F levels were done.

All in all, the tournament drew a field of 712 entrants throughout its six starting flights and they generated a prize pool of $234,960, thus crushing the $200,000 guarantee. While the first-place prize and the rest of the payouts are yet to be revealed, organizers confirmed that all players that are to cash from the tournament would leave with no less than $788.

As many as 70 players made it through their respective starting flights and will return at the host casino later today to continue their participation in the exciting tournament.

James Millman, the player who bagged the chip lead at the end of Flight C, will be leading the pack of 70 hopefuls. He will start Day 2 with a hefty stack of 502,000 and a significant advantage over his remaining opponents. Jason Alvarez with 373,500, Volha Burdukouskaya with 325,000, Terrence Teo with 305,000, and Thomas Minnich-Weber with 277,000 are the other contenders who represent top 5 of the temporary chip counts chart.

As mentioned earlier, action is set to resume at 3 pm local time at the poker tables of Planet Hollywood. The first-place prize will be announced later on Day 2. Those who make it through the day will return Monday for a final day of action.

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The post Day 2 of WSOP Circuit Planet Hollywood Event #2 Kicks Off with 70 Hopefuls appeared first on Casino News Daily.

November 18, 2018

Churchill Downs and Partner Get OK to Build New Kentucky Racetrack with Gambling Parlor

Casino News Daily
Churchill Downs and Partner Get OK to Build New Kentucky Racetrack with Gambling Parlor

Churchill Downs and Keeneland will operate jointly Kentucky’s first new harness racetrack in 25 years

The Kentucky Horse Racing Commission selected on Friday Churchill Downs and Keeneland Inc. as the winning bidders for the construction of a harness racetrack and a gambling parlor in Western Kentucky. Their joint venture will be the first racetrack to be built in the state in 25 years.

Churchill Downs and Keeneland have presented a plan to jointly develop and operate a $150-million racetrack in Oak Grove in Chistian County. The latter company will only own 5% in the project.

The winning bidders will build a five-eighths of a mile racetrack that will host 12 days of standardbred races. Construction is expected to begin as early as next year. The new complex will also feature 1,500 historical racing machines. Last month, a Circuit Court Judge ruled that these machines were pari-mutuel, which made them legal under Kentucky laws that guard gambling on horse racing. Churchill Downs opened a gambling parlor with historical racing machines at its Louisville property earlier this year.

The machines have been estimated to have produced over $21 million for the state’s coffers since 2010. Churchill Downs Racetrack President Kevin Flanery told media that they expect the machines at their new property to annually generate $10 million.

The new racetrack complex will also include a 125-room hotel with an event center, food and beverage facilities, a 3,000-person outdoor amphitheater, a 1,200-person seat-grandstand with space for indoor events, and a modern equestrian center, among other facilities.

The new Oak Grove track is expected to create 800 construction jobs and 400 full- and part-time jobs once operational. The venue will be located along I-24 on the Kentucky-Tennessee border, aiming to draw visitors from Nashville.

Losing Bidders Voice Disappointment

Kentucky Downs in Franklin and Caesars-Bluegrass Downs in Paducah were the other two bidders for the new racetrack license. Both expressed disappointment and frustration with the bidding process.

News emerged earlier this week that racehorse owner Ron Winchell and former casino analyst Marc Falcone would buy a majority interest in Kentucky Downs for an undisclosed purchase price. Mr. Falcone told local media on Friday that they felt the selection process needed more time to be well thought out.

The new Kentucky Downs owners also revealed that they would enhance a previously announced expansion plan at the racetrack in order to make it more competitve now as a new player is entering the state’s horse racing field.

Comments by Caesars Entertainment executive Dan Real showed that the company was frustrated with losing the bid, arguing that Churchill Downs and Keeneland had no signed horsemen agreements and no history and relationships in the region, something the other bidders clearly had.

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The post Churchill Downs and Partner Get OK to Build New Kentucky Racetrack with Gambling Parlor appeared first on Casino News Daily.

Saturday, November 17, 2018

November 17, 2018

First Four Flights of WSOP Circuit Planet Hollywood Event #2 Draw 334 Entries

Casino News Daily
First Four Flights of WSOP Circuit Planet Hollywood Event #2 Draw 334 Entries

As many as 334 entries registered into WSOP Circuit Planet Hollywood Event #2: $400 No-Limit Hold’em through first four flights; only 36 made it into Day 2

The longest event on the schedule of the ongoing WSOP Circuit Planet Hollywood series is under way and its field has already swollen to 334 entrants after four starting flights. The tournament kicked off with a guaranteed prize pool of $200,000, but with two more flights left to be played, that guarantee could and probably will be crushed.

The $400 buy-in event commenced on November 15 with two of all six starting flights. That first starting day drew 74 entries who generated a total of $24,420 in prize money. The top eight finishers of the day were to be paid a portion of the money. The players who registered into the event through Flight A were supposed to play eighteen 30-minute levels. However, if the bubble burst before the end of those eighteen levels, play was to stop. In that case the full Flight A prize pool was to be transferred to the overall prize pool.

Action wrapped with 3:15 remaining in Level 16, as that was when a player was eliminated in 9th place. Patten Lewis bagged the largest stack of Flight A, good for 215,000 in chips. The player was followed closely by Robert Fulford with 214,000. The Flight A survivors, together with the remaining hopefuls from the other five starting flights are set to return together at the host casino on Sunday at 3 pm local time for Day 2.

Flights B, C, and D

Flight B was, too, played on Thursday at the host casino. It saw 48 players register, generating a prize pool of $15,840. The top five finishers were to receive a share of the money, provided that all 18 levels were played. However, the money bubble burst deep into Level 17, so the final five players bagged and tagged for the night and the full Flight B prize pool went to the tournament’s overall prize pool.

Patrick Wall put the largest stack into his bag. The player had accumulated a total of 193,000 by the time action wrapped up on Day 1B.

Flights C and D took place yesterday at Planet Hollywood’s poker tables. The third starting flight of the tournament drew 141 entries. The top 15 players were to receive a share of the prize money generated through that flight. The plan was for the contenders to play until all 18 levels were completed or until the field was reduced to just 10 players.

All 18 levels were played on Day 1C and there were 15 players left when the clock showed the end of the starting flight. James Millman was the chip leader at the time with a hefty stack of 502,000 that also placed him on top of the overall chip counts leaderboard.

Last but not least, Flight D attracted 71 players, but only eight of them survived through all 18 levels of the day, bringing the total Day 2 count to 36 players. Steve Foutty ended Day 1D as the chip leader with 225,000 in prize money.

Action resumes today at the host venue with the final Flights E and F. Flight E is slated to kick off at noon local time with the first of 18 levels.

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The post First Four Flights of WSOP Circuit Planet Hollywood Event #2 Draw 334 Entries appeared first on Casino News Daily.

Friday, November 16, 2018

November 16, 2018

Partypoker�s CPP $25,500 MILLIONS World won by Roger Teska for $2M

BankrollMob News - Poker / Casino / Betting
Partypoker�s CPP $25,500 MILLIONS World won by Roger Teska for $2M
partypoker's Caribbean Poker Party $25,000 + $500 MILLIONS World event has been won by Roger Teska for a nice plump sum of $2,000,000! He may haven't had much experience on playing live tournaments throughout his poker career, but he had some prior experience on competing in the Bahamas in 2014 and he has also been announced to participate in the $1M dollar buy-in Big One for One Drop in 2012, thus he's totally no noob to high-stakes games. It took a total of 13 hours in a [...]
November 16, 2018

Chiefs May Be The Best Bet, But NJ Sports Betting Favors NY Giants At BetStars

Chiefs May Be The Best Bet, But NJ Sports Betting Favors NY Giants At BetStars
ny giants

According to Betstars NJ, the Kansas City Chiefs have covered the point spread 80% of the time this season. But still, NJ bettors favor the NY Giants.

The post Chiefs May Be The Best Bet, But NJ Sports Betting Favors NY Giants At BetStars appeared first on .

November 16, 2018

Yggdrasil Gaming’s Nitro Circus slot game launched

Casino News Today
Yggdrasil Gaming’s Nitro Circus slot game launched

Popular iGaming supplier Yggdrasil Gaming has released its first ever branded slot – Nitro Circus, an adrenaline-fuelled game featuring Nitro Circus’ biggest stars, greatest stunts and craziest vehicles. Nitro Circus, the world’s premier action sports entertainment brand is led by the legendary action sports athlete, motorsports competitor and stunt daredevil, Travis Pastrana. Yggdrasil’s new exclusive Nitro Circus slot brings the ...

The post Yggdrasil Gaming’s Nitro Circus slot game launched appeared first on Casino News Today.

November 16, 2018

Bellagio Craps Scammers Banned from Nevada Casinos

Casino News Daily
Bellagio Craps Scammers Banned from Nevada Casinos

The two men participated in a cheating scheme that involved placing high-risk phantom bets at Bellagio’s craps tables

Two men have been added to Nevada’s “black book” of banned casino players after scamming Bellagio of nearly $1.2 million by placing the so-called hop bet in a series of craps games, the Las Vegas Review-Journal reported.

Anthony Grant Granito and James Russell Cooper will no longer be able to play at any of the state’s casinos after their names have been placed on the list of banned gamblers maintained by the Nevada Gaming Control Board.

Granito and Cooper were part of a group of four men who jointly carried out a sophisticated scheme to cheat the glitzy Strip casino. The scam took place between August 2012 and July 2014 and also involved Jeffrey Martin and Mark Branco. Branco and Cooper were craps dealers at the Bellagio at the time. According to court papers, it was Branco who led the group of four and concocted the scheme. The scam was discovered and reported by another craps dealer who noticed suspicious behavior and reported it to casino officials.

The scheme involved Branco and Cooper working at the same table. When a shooter tossed the dice, Martin or Granito had to mumble something that very much sounded like a hop bet (a risky oral proposition in which players wagered that a specific number would fall next). One of the dealers participating in the scam would pay out as if Martin or Granito had wagered correctly on whatever came up next.

It is important to note that at the time, the felt on the craps tables at the targeted casino had no designated spot for hop bets. To avoid attention and prevent their wrongdoing from being discovered, the two players would lose thousands of dollars on actual bets they placed. However, they would always walk away with a profit thanks to the phantom bets.

All four participants in the fraudulent scheme were charged with theft and cheating at gambling and sentenced to prison by the Clark County District Court in 2016. As mentioned above, Granito and Cooper have recently been placed on the list of people banned from gambling at Nevada’s casinos.

How Was the Scam Discovered?

As mentioned earlier, it was believed that Branco was the mastermind behind the fraudulent plan. The group of four accomplices carried out with the scam for two years between August 2012 and July 2014.

A third craps dealer at the Bellagio reported suspicious activity to the casino’s management. Casino authorities themselves noticed a winning streak of wagers they said defied 452-billion-to-1 odds. According to a statistician employed by MGM Resorts International, Bellagio’s parent company:

Granito’s average bet was $4,400. He played 1,624 rounds and wagered $7.1 million. He would have been expected to lose $459,539. Instead, he won $498,500. Martin wagered $5.1 million over 2,295 rounds. Bellagio should have expected to come away with $252,490 of his money. Instead, he won $587,900. Overall, they would have been expected to lose $712,029…but they won a total of $1,086,400.

Casino officials examined every roll of the dice visible on surveillance while Branco and Cooper were at the tables to find enough evidence about their wrongdoing. Cooper eventually cooperated with authorities, revealing the scam’s details.

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