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Wednesday, November 14, 2018

Ionut Rusu

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.

Ionut Rusu

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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The post WSOP Circuit Heads to Planet Hollywood for Its Next Thrilling Festival appeared first on Casino News Daily.

Ionut Rusu

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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The post Tennessee Lawmaker Introduces Sports Betting Bill; State Elects Anti-Gambling Governor appeared first on Casino News Daily.

Tuesday, November 13, 2018

Ionut Rusu

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. 

Ionut Rusu

Max Young Wins WSOP Circuit Choctaw Durant Main Event

Casino News Daily
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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The post Max Young Wins WSOP Circuit Choctaw Durant Main Event appeared first on Casino News Daily.

Ionut Rusu

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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The post Hard Rock Reportedly in Due Diligence to Buy The Cosmopolitan of Las Vegas appeared first on Casino News Daily.

Monday, November 12, 2018

Ionut Rusu

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).

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