Friday, November 16, 2018 5:12 AM

Harrah's Resort Atlantic City Announces Plans for Its $56 Million Coastal Tower

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Harrah's Resort Atlantic City Announces Plans for Its $56 Million Coastal Tower

With over $250 million in total capital investments and improvements by Caesars Entertainment in the Atlantic City market, the new Coastal Tower at Harrah's Resort is set to unveil the first phase of its room product by early 2019

Thursday, November 15, 2018 10:48 PM

NJ Online Gambling, Golden Nugget Shatter Revenue Records In October

NJ Online Gambling, Golden Nugget Shatter Revenue Records In October
shatter

NJ online gambling revenue hit $26.8M, beating the previous online casino record of $25.9M in July. The champion Golden Nugget inched close to $10M.

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GAME BRAiN responsibly gaming show -- RGC

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GAME BRAiN responsibly gaming show -- RGC

To help raise awareness of the risks of gambling to students across Ontario, The Responsible Gambling Council (RGC) is touring high schools for a fifth year,  with its show - GAME BRAiN.

Steffen Sontheimer Leads Six Contenders into partypoker CPP $250,000 Super High Roller Championships Finale

Casino News Daily
Steffen Sontheimer Leads Six Contenders into partypoker CPP $250,000 Super High Roller Championships Finale

A year after becoming the inaugural Purple Jacket winner, Sontheimer is vying for the $250,000 Super High Roller Championships title

The partypoker Caribbean Poker Party $250,000 Super High Roller Championships is just a single day away from crowning a victor. After two days of action, the tournament first drew a field of 34 entries and then reduced that field to just the final six players.

The six final tablists are set to return at the Baha Mar host casino in Nassau, the Bahamas, at 1 pm local time to play down to a champion.

The Super High Roller event generated a prize pool of $7,517,500, but only the final four competitors will be treated to a share of the money. The minimum cash is worth $700,000, but everyone from the final pack of six is eyeing the first-place prize of $3,685,000 and all the accolades that accompany the winner of an event of this scale.

The final six will be lead by Germany’s Steffen Sontheimer. The player surged into the chip lead yesterday after winning a major pot against Nick Petrangelo. And while that confrontation helped Sontheimer into a whooping 11.035-million chip stack, Petrangelo will enter the final day of action with 1.1 million, good for just under 20 big blinds.

Aside from Petrangelo, Sontheimer will face four other tough opponents for the major title, with those four being David Peters (9.31 million), Sean Winter (6.465 million), Mikita Badziakouski (3.76 million), and Isaac Haxton (2.29 million).

Who Is Sontheimer?

The German player surged into poker prominence last fall when he claimed the Poker Masters title and the accompanying Purple Jacket in Aria Casino’s inaugural Poker Masters high roller series. The player was able to capture the above-mentioned title after he took down two tournaments on the series’ schedule.

Sontheimer first emerged victorious in the $50,000 buy-in Event #2 for $900,000 in prize money. He then outlasted the field of the $100,000 buy-in Event #5 for $1.512 million. He also cashed in the $50,000 buy-in Events #1 and #4 to add $204,000 and $117,000, respectively. He thus became the winningest Poker Masters player, which won him the title and the Purple Jacket.

While Sontheimer has not won any major tournaments in the year after his Poker Masters success, the player has still scored several three-figure cashes and has performed quite well on the live tournament circuit. Most recently, he finished 15th in the WSOP Europe €100,000 Super High Roller for a cash prize of €146,907.

The German poker pro currently has nearly $9 million in live tournament earnings. A victory in the $250,000 Super High Roller will secure the player with his largest career cash.

As mentioned earlier, six-handed action at Baha Mar casino is set to kick off at 1 pm local time. The finalists will play down to a winner, bursting the money bubble in the process.

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Steve Wynn Seeks to Stop Release of MassGaming’s Sexual Misconduct Report

Casino News Daily
Steve Wynn Seeks to Stop Release of MassGaming’s Sexual Misconduct Report

The disgraced casino boss files second motion seeking to stop the release of privileged information related to sexual misconduct allegations against him

Steve Wynn filed on Tuesday a motion in a Nevada state court seeking to stop the release of an investigatory report by the Massachusetts Gaming Commission regarding the sexual misconduct allegations raised against the embattled casino boss, the Wall Street Journal reports.

Tuesday’s motion sought a temporary order to prevent the publication of the probe’s findings and was filed just under a week after Mr. Wynn and his legal team filed a request for an injunction and damages. The businessman’s complaint from last week read that Wynn Resorts communicated privileged information to the Massachusetts Gaming Commission as the regulator was investigating the sexual misconduct allegations and was seeking to discover whether the Las Vegas casino company had been aware of those and how it had addressed the issue.

Mr. Wynn’s complaint further said that the documents handed by Wynn Resorts to MassGaming reflected “communications protected by Mr. Wynn’s attorney-client privilege and/or the common interest agreements he entered with Wynn Resorts.”

The casino mogul’s legal team, including Donald Campbell, informed representatives of the Massachusetts gaming regulator that Mr. Campbell had worked privately with Mr. Wynn and had penned a joint-representation agreement with Wynn Resorts back when Mr. Wynn himself had been at its helm. Mr. Campbell filed their correspondence with MassGaming in Nevada court on Tuesday alongside last week’s complaint against the regulatory body and Wynn Resorts.

Representatives for the Massachusetts Gaming Commission said that Mr. Campbell had not been able to provide enough evidence about the existence of the joint-defense agreement.

Report Expected to Be Released Next Month

MassGaming launched probe into Mr. Wynn and his company’s suitability to operate a casino resort in Massachusetts following the January publication of a Wall Street Journal report that detailed a decades-long pattern of sexual harassment and sexual misconduct by Mr. Wynn. The businessman has called all allegations leveled against him “preposterous.”

Wynn Resorts was selected as the preferred bidder for the construction of an integrated resort with a casino floor in the Greater Boston area. The $2.4-billion Encore Boston Harbor is currently under development in the city of Everett, near Boston, and is slated to open doors next summer.

As mentioned earlier, MassGaming wanted to discover whether Wynn Resorts was aware of the multiple alleged incidents of sexual misconduct involving Mr. Wynn forcing company employees to perform sex acts or subjecting them to unwanted sexual advances.

The commission is expected to release a full report with its findings during a hearing in December. However, Mr. Wynn legal action might delay the planned release of said report.

It can be said that while the casino boss’ move to block the publication of the report might seem unusual, it should be noted that in Nevada, where Wynn Resorts is headquartered and its flagship properties are located, gambling regulators do not release the findings of investigatory reports. The local regulator usually settles issues with casino companies by imposing fines, when these are needed, and without the matter going public.

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Wednesday, November 14, 2018 10:42 PM

WSOP Circuit Heads to Planet Hollywood for Its Next Thrilling Festival

Casino News Daily
WSOP Circuit Heads to Planet Hollywood for Its Next Thrilling Festival

Planet Hollywood is the next stop on the WSOP Circuit’s 2018/2019 calendar

After a successful Choctaw Casino Durant stop, the WSOP Circuit is next heading to Planet Hollywood in Las Vegas for the next festival on its 2018/2019 schedule. The popular casino resort will play host to the series from today, November 14, all the way through November 27.

There will be 14 events to be played within the stop, and 12 of them will award shiny gold rings to the winners. A single-day $250 buy-in Casino Employees event will kick off WSOP Circuit action at the host casino.

The second day of the stop will see the beginning of a $400 buy-in multiple starting flight No-Limit Hold’em tournament. The event will feature six starting flights, played over three separate days, and two more days of action. It is thus expected to conclude on November 19. Entries will compete for a share of the $200,000 guaranteed prize pool, but given the significant number opportunities for registering into the event, that guarantee will probably be crushed very quickly.

The WSOP Circuit Planet Hollywood’s schedule includes one more multiple starting flight event and that one is the $1,700 Main Event. The highlight tournament will take place on November 24-27 and will kick off with a guaranteed prize pool of $500,000. It will feature two starting flights and to more days of play, during which the field of participants will be whittled down until a winner is determined.

The two-day $2,200 No-Limit Hold’em High Roller is the highest buy-in tournament that will take place within the upcoming Circuit stop. The event will take place on November 26-27.

Latest Planet Hollywood Champions

Planet Hollywood played host to the popular poker series two times during its 2017/2018 – in November 2017 and in April 2018. It should be noted that both festivals proved to be extremely popular with players from Las Vegas and the rest of the country as well as with both Circuit regulars and newbies.

Last November’s $1,675 Main Event drew a field of 845 entries who crushed the $1 million guarantee and created a prize pool of $1,267,500. The top 90 finishers received a share of the money, min-cashes starting from $2,865.

And it was Fernando Galvan who emerged as the victor of the major tournament. After three days of play, the player claimed his first gold ring, first WSOP Circuit Main Event title, and his first cash from the series. The Main Event champ was awarded $247,160 for his performance.

In April, a total of 610 entrants registered into the Main Event to generate $915,000 in prize money and almost double the $500,000 guarantee. There were cash prizes for the top 63 spots, min-cashes were worth $2,992.

Poker pro Benjamin Zamani (pictured) took down the tournament and is now its reigning champion. The player cashed $192,152 and claimed his first gold ring from the series. It is important to note that Zamani is the proud holder of two WSOP gold bracelets. He won his first one in 2015 for topping the field of the $1,500 No-Limit Hold’em. Bracelet number two arrived last summer, when the player took down another $1,500 buy-in event; a Omaha Hi-Lo 8 or Better one this time.

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Interblock grows its Gaming Operations department by adding Gaming Expert to North America Team

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Interblock grows its Gaming Operations department by adding Gaming Expert to North America Team

Luxury gaming manufacturer Interblock® has appointed gaming expert Mario DiGuiseppe as Gaming Operations Manager in North America. In his role he will add to the company’s Gaming Operations department supporting the mid-west region of the country by serving as a liaison between our customers and all departments within Interblock from R&D to Sales.

Your Guide To NJ Sports Betting As NFL And NBA Games Pick Up The Pace

Your Guide To NJ Sports Betting As NFL And NBA Games Pick Up The Pace
compass

For now, there are 8 retail sportsbooks and 8 online sports betting apps in New Jersey. But NJ sports betting is just getting started.

The post Your Guide To NJ Sports Betting As NFL And NBA Games Pick Up The Pace appeared first on .

Tennessee Lawmaker Introduces Sports Betting Bill; State Elects Anti-Gambling Governor

Casino News Daily
Tennessee Lawmaker Introduces Sports Betting Bill; State Elects Anti-Gambling Governor

Sports betting will be taxed at 10% on revenue, if House Bill 1 passes through the Tennessee Legislature

A Tennessee lawmaker has moved to propose the legalization of sports betting so that the state can take advantage of additional revenue and the growing interest in regulated wagering across the United States.

The Tennessee General Assembly adjourned just two weeks before the US Supreme Court’s mid-May ruling that struck down the long-standing federal ban on sports betting, and local lawmakers did not have the chance to take any actions regarding the legalization of the activity on the territory of the state.

However, it seems that the case will be different next year. News emerged earlier this week that Rep. Rick Staples has tabled a bill that proposes the legalization of sports betting in Tennessee. The bill contains provisions for the regulation and taxation of the local wagering market, if one is created.

Dubbed House Bill 1, the piece of legislation was introduced last week, a day after the November 6 midterm elections. Under its provisions, communities will be able to decide whether they want sports betting in their respective regions via local elections.

If legalized, sports betting services will be taxed at 10% on revenue. Tax money will be split between the Tennessee general fund, local governments as well as community colleges and colleges of applied technologies.

Governor-Elect Opposes Sports Betting

During his election campaign, Governor-elect Bill Lee made it clear that he was not a big fan of sports betting. During an October debate, Mr. Lee said that he would be working closely with the state’s General Assembly to make sure that lawmakers would not approve any legislation calling for the legalization of betting.

The soon-to-be Governor further pointed out that he believed “organized betting frequently develops into organized crime that [they] don’t need in [their] state.”

Despite Mr. Lee’s stance on sports gambling, it seems that it is here to stay with more and more states jumping into the mix. As many as five states currently offer legal sports betting and Pennsylvania and Rhode Island are expected to join in anytime now. Neighboring Mississippi was among the first states to legalize and launch sports betting following the SCOTUS ruling. And according to figures reported by the Mississippi Gaming Commission, the state collected $660,000 in sports betting taxes for the month of September.

Under Rep. Staples’ bill, a state gaming commission will be created to oversee the sports betting industry. Commission members will be appointed by the Governor, the House Speaker, and the Lieutenant Governor. The bill sets a $7,500 license fee for companies interested to operate legal sports betting in Tennessee.

Rep. Staples started working on his bill the moment he heard the sports betting ban was struck down, the lawmaker has himself told media outlets. He worked closely with the General Assembly’s legal advisors to craft the piece. House Bill 1 took around five months to be prepared and was finished on October 1.

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Tuesday, November 13, 2018 11:12 PM

Pennsylvania Casino Parx Could Join NJ Online Sports Betting Market In The Future

Pennsylvania Casino Parx Could Join NJ Online Sports Betting Market In The Future
puzzle

Pennsylvania's Parx Casino partners with gaming tech company Kambi Group and could make a possible move on the NJ online sportsbook market.

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Richard Williams, Licensing Partner at law firm Joelson, comments on the Gambling Commission Regulatory Panel’s fine of Daub Alderney Ltd (Stride Gaming):

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Richard Williams, Licensing Partner at law firm Joelson, comments on the Gambling Commission Regulatory Panel’s fine of Daub Alderney Ltd (Stride Gaming):

“This is an astonishing penalty imposed by the Gambling Commission’s Regulatory Panel on Daub Alderney Limited, part of the AIM-listed Stride Gaming Group. 

Max Young Wins WSOP Circuit Choctaw Durant Main Event

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Max Young Wins WSOP Circuit Choctaw Durant Main Event

Max Young wins second gold ring in as many weeks and best career cash at Choctaw Casino in Durant, Oklahoma

Poker pro Max Young claimed last night his fifth WSOP Circuit gold ring and largest career cash of $263,815 after outwitting the behemoth field of the WSOP Circuit Choctaw Durant Main Event. The player, who hails from Oregon but has been traveling the circuit for the past few years, remained the last man standing from a total of 893 entries.

The player had an ambitious goal for 2018 – to make more money on the felt than he did last year. And his cash in the Choctaw Durant Main Event helped him complete that goal. Young said in his post-victory interview last night that he thought he did not have a chance to reach his poker goals, and that he was beyond happy to have done that.

Despite his relatively short career, Young has already accumulated five gold rings from the WSOP Circuit and multiple other poker accolades. The player came into the Circuit’s Choctaw Casino stop fresh off a victory at Harveys Lake Tahoe where he took down a single-day $400 No-Limit Hold’em for his career’s fourth gold piece.

Day 3 of the Main Event at Choctaw Casino was played on Monday. Action kicked off with 12 players, led by Jared Hemingway who bagged the chip lead at the end of Day 2 for a second consecutive day. The player maintained his advantage throughout the day and all the way into heads-up. Hemingway was eyeing his second gold ring from the series.

Young’s own run at the final table was not bad at all, but it was during his duel against Hemingway when the eventual champion started putting pressure and playing more aggressively.

Heads-Up Highlights

The match began with Hemingway holding a slight chip lead over his final remaining opponent. However, Young himself had gained quite some momentum by that time, which promised an action-packed final stage of the major tournament.

It is important to note that Hemingway himself has had quite a successful streak over the past few days. The player captured his first WSOP Circuit gold ring last week. He emerged victorious in the $400 No-Limit Hold’em 6-Handed for the gold piece and $20,616 in prize money.

While both Young and Hemingway were about 100 big blinds deep at the start of heads-up, their match only lasted for 45 minutes. The two players went all in several times and chips were flying back and forth in big portions. Eventually, a key hand moved Young over the 20-million chip mark only to see Hemingway even with two double ups shortly after.

On what turned out to be their final all in, Young shoved pre-flop with [Ad][9d] and Hemingway called with [2h][2c]. The flop ran out [9c][9h][4s] giving Young a set and the lead. The [Ks] on the turn and the [8s] on the river were of no help to Hemingway and he went home with the runner-up finish and a consolation prize of $163,024.

Both players secured a spot into the 2019 Global Casino Championship, Young as the Main Event champion, while Hemingway as the Casino Championship winner.

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Hard Rock Reportedly in Due Diligence to Buy The Cosmopolitan of Las Vegas

Casino News Daily
Hard Rock Reportedly in Due Diligence to Buy The Cosmopolitan of Las Vegas

Hard Rock might be looking to expand to the Las Vegas Strip, according to new round of reports

Hard Rock International is reportedly in due diligence to buy The Cosmopolitan of Las Vegas hotel and casino resort. The glitzy Strip property was purchased by a division of multi-national private equity firm Blackstone Group for $1.7 billion back in the spring of 2014.

In a recent tweet, popular blog about everything Vegas-related Vital Vegas said, citing unnamed sources, that Hard Rock is definitely still in due diligence to acquire Cosmo and that delays in the acquisition deal were caused by the “union situation” at the property.

Assured Hard Rock International is still in due diligence process for purchase of Cosmopolitan. Delays are rumored to be related to the "union situation" at Cosmo.

— Vital Vegas (@VitalVegas) November 12, 2018

The latest Vital Vegas tweet followed up a report by the blog from earlier this year, according to which the Florida-headquartered gaming and hospitality giant was circling The Cosmopolitan and even entered due diligence to buy it. Vital Vegas also revealed this past spring that lay-offs were taking place at the property and its credit lines were being reviewed to make it more attractive to a potential buyer.

The Cosmopolitan features nearly 3,000 hotel rooms, which were recently remodeled to include modern artwork, improved lightning, and user-friendly technology among other additions. The property occupies a 8.7-acre site between MGM’s Bellagio and CityCenter along the legendary Strip. According to previous reports, MGM itself had eyed Cosmo, but has apparently lost interest later on.

While many would deem Hard Rock a surprising potential buyer of the hotel and gaming resort, its rumored intention to expand its presence to the Las Vegas Strip might not be that unexpected. The Florida-based company has been looking to extend its geographical footprint for some time now. It has expressed interest in bidding for a Japanese gaming license, it was selected earlier this year as the preferred bidder for the development of an integrated resort in the Spanish city of Tarragona, and has reportedly been seeking permission to develop a property in Australia’s Gold Coast.

”Union Situation”

While the recent Vital Vegas tweet does not specify what “union situation” might mean, it should be noted that there have been some union and workers situations at the property in the past. The Cosmopolitan opened doors late in 2010 and back then, it was one of few Strip resorts without a union contract. The lack of such created a tense relationship between Cosmo’s previous owners and the Culinary Workers Union Local 226. That tense relationship escalated in major protests and rallies before the property was purchased by the Blackstone Group.

Late in 2015, or more than a year after The Cosmopolitan had switched ownership, the Culinary Workers Union Local 226 and the Bartenders Union Local 165 signed a four-year contract with the casino resort’s new owners that included food and beverage, bar and lounge, housekeeping, and bell department workers.

News emerged earlier this year, that former Cosmopolitan workers were suing the property’s owners, accusing them of “fraud, intentional infliction of emotional distress, and retaliatory termination.” The lawsuit further read that the workers, formerly employed at the Violet Hour salon at Cosmo, had “worked in a noxious cavern of toxic chemicals for years” and that “The Cosmopolitan’s management has repeatedly turned a blind eye to numerous complaints.”

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Monday, November 12, 2018 4:30 PM

Fresh games to adorn MULTI GAME range of AMATIC Industries at BEGE

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Fresh games to adorn MULTI GAME range of AMATIC Industries at BEGE

AMATIC Industries is set to return with even more games to the Balkan Entertainment & Gaming Expo (BEGE).

DraftKings Debuts Physical Sportsbook at Mississippi’s Scarlet Pearl Casino

Casino News Daily
DraftKings Debuts Physical Sportsbook at Mississippi’s Scarlet Pearl Casino

DraftKings opens its first physical betting facility at Mississippi’s Scarlet Pearl Casino

Daily fantasy sports operator DraftKings has further ventured into the growing US sports betting field through a recently penned agreement with Scarlet Pearl Casino Resort in D’Iberville, Mississippi. Their partnership will see DraftKings launch its first physical sportsbook.

The DraftKings at Scarlet Pearl Sportsbook is set to debut on Friday, November 16. The facility will replace Scarlet Pearl’s existing PRL Bar.

Patrons will be able to place their bets on a number of different sports, including college and professional football. In a press release from earlier today, the DFS company also said that that its sportsbook will be offering live, in-game betting with three windows. The facility is anticipated to launch on-site kiosks and an on-premise mobile app pending regulatory approval from the Mississippi Gaming Commission.

While the sportsbook at Scarlet Pearl Casino will be DraftKings’ first physical betting facility, it should be noted that the company is no stranger to sports betting. In industry first, it launched its debut mobile betting app in New Jersey on August 1 with its local partner, Resorts Casino Hotel.

DraftKings has helped its Resorts become the leader in the provision of sports betting services in New Jersey’s nascent betting market. The Atlantic City casino property reported overall sports betting revenue, including digital and revenue generated from its physical sportsbook, of more than $8.8 million in September. October figures are yet to be released by the New Jersey Division of Gaming Enforcement.

Commenting on newly announced partnership with Scarlet Pearl Casino, DraftKings Co-founder and Chief Revenue Officer, said that they are “excited to bring and offer an innovative sports betting experience to sports fans in one of the largest and most competitive gaming markets in the US.”

Sports Betting to Become DraftKings’ Primary Product

As mentioned above, DraftKings has originally commenced operations as a daily fantasy sports operator. However, the company intends to extend its sports betting footprint further as the US market is expanding rapidly, following the mid-May decision of the US Supreme Court to strike down the long-standing federal ban on wagering on professional and collegiate sporting events.

In a recent interview for Yahoo Finance, DraftKings’ CEO, Jason Robins, said that his company was gearing up for a time when sports betting would become its main source of revenue. Currently, DFS contests are DraftKings’ main product.

Mr. Robins added that while waiting for sports wagering to take over as their main operation, they recorded an increase interest in their fantasy product as people have been responding to the overall excitement created by the latest betting developments in the country. Moreover, residents of states where betting was yet to be legalized were trying out DraftKings’ DFS offering while awaiting the arrival of legal sports betting, Mr. Robins added during his recent interview.

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At G2E, SUZOHAPP Demonstrates its Focus as Complete Component and Cash Handling Supplier and Introduces Sports Betting solutions

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At G2E, SUZOHAPP Demonstrates its Focus as Complete Component and Cash Handling Supplier and Introduces Sports Betting solutions

The Global Gaming Expo Connects Industry Leaders at the Heart of Gaming

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