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Saturday, June 30, 2018

Ionut Rusu

Mike Takayama Wins 2018 WSOP $1,000 No-Limit Hold’em Super Turbo Bounty

Casino News Daily
Mike Takayama Wins 2018 WSOP $1,000 No-Limit Hold’em Super Turbo Bounty

Mike Takayama became the Philippines’ first WSOP gold bracelet winner after outlasting the massive field of this year’s $1,000 No-Limit Hold’em Super Turbo Bounty. Aside from the gold piece, which Takayama said he had always dreamt about, the player also collected $198,568 in prize money.

The $1,000 buy-in event was played on Friday at Rio All-Suite Hotel & Casino. There were over 1,400 players to have registered when cards were thrown in the air and by the time registration closed, the field counted 2,065 persons to improve from last year’s 1,867-strong field.

A prize pool of $1,858,500 was generated and the top 310 runners left with a share of it. It is also important to note that being a bounty, the tournament awarded $300 to players for each fellow competitor they eliminated over the course of action.

The turbo format provided for quick action and great poker thrill. It took just a few hours for the 2,000-plus-person field to be reduced to the final nine who comprised the official final table. The final table itself was not a long ordeal. And it looked as if Takayama was very comfortable playing that final stage of the event.

Final Table and Heads-Up

Of all nine players left at the table, there were just two who had previously won gold bracelets from the series, with Jack Duong and Steve Jelinek being those two. Duong was eventually eliminated in eighth place, while Jelinek busted in fourth.

As for Takayama, the eventual winner was a fierce contender, playing aggressively and putting quite some pressure on his fellow final tablists. It really looked as if the player went all in more frequently than folding hands.

On two of these occasions, odds were all against him until the very last moment possible. Yet, despite all the dangerous situations Takayama put himself into, the player was the last man standing after the final hand of the day was dealt and after surviving his last all in confrontation against his Italian heads-up opponent, Lorenc Puka.

The final table lasted 49 hands, while Takayama took just ten hands to finish off Puka in their two-handed duel, despite the latter’s efforts. Puka manged to double through the eventual champion early in the match. However, he was offered no more chances to reduce the huge gap between him and his opponent.

Hand #49 of the final table turned out to be the tournament’s final one dealt, Takayama challenged Puka by moving all in and the Italian called. Takayama tabled [Kd][Jc] to Puka’s [Ad][4d]. The board ran out [5h][4h][Kh][10c][Jd] to deny the Italian player his first-ever title from the series. Puka collected $122,627 for his efforts that brought him that deep into the tournament. As for Takayama, he was ready to pose for a victory picture, celebrating his triumph and his homeland’s first WSOP gold bracelet.

The post Mike Takayama Wins 2018 WSOP $1,000 No-Limit Hold’em Super Turbo Bounty appeared first on Casino News Daily.

Friday, June 29, 2018

Ionut Rusu

Chinese Police Nab Another Illegal Gambling Ring

Casino News Daily
Chinese Police Nab Another Illegal Gambling Ring

Chinese police busted an illegal online gambling ring in the city of Shenzhen, local news outlets report citing information provided by local authorities earlier today.

The Nanshan District police carried out on June 21 a raid that concluded with the arrest of seven individuals suspected to have conducted illegal sports betting services on the territory of China as the World Cup is in full swing in Russia.

Police seized computers and mobile phones believed to have been used by the illegal gambling ring to operate betting services. Local media reported that further probes will be carried out in relation to the latest detention of people suspected to be providing online betting services in a manner that breaches local regulations. It is believed that bettors serviced by the ring had managed to stake around CNY100 million (approximately $15.1 million) on World Cup matches.

This was not the first time raids were carried out in Shenzhen City in relation to the ongoing major sports event since it began on June 14 and even prior to that, as local police are stepping up efforts to prevent the illegal provision of gambling services across the nation.

Series of Raids

Earlier this month, a joint operation of Hong Kong and Mainland China police saw multiple raids taking place in a number of cities across China, including Shenzhen, to uncover illegal sports betting operations ahead of this year’s edition of the World Cup.

More than 20 locations were raided and 45 individuals aged between 24 and 62 were detained as they were suspected of offering illegal betting and gaming services. Police confiscated betting records for football and horse racing with a total value of HK$32 million (approximately $4.1 million).

To prevent illegal gambling operations from taking place during the World Cup, Hong Kong police and other law enforcement agencies announced earlier this year that bars and games centers across the city would be raided constantly during the major sports event and that there would be enhanced inspection across various control points. Most of the city’s anti-gambling operations kicked off about two months ahead of the World Cup in Russia.

Unlike other major markets across Asia, including Thailand and Malaysia, where online sports betting is illegal, Hong Kong has a framework regulating activities of this type. However, regulated betting entities in the special administrative region have long been complaining that their unlicensed rivals have been stealing customers creating a behemoth unsupervised market.

According to recent information provided by the Hong Kong Jockey Club, the amount of $68 billion could be staked illegally in the city during the World Cup. This is expected to cost Hong Kong more than $1.7 billion in betting revenue this year. The Jockey Club is among the entities to receive revenue contributions from licensed betting activities conducted on the city’s territory.

The post Chinese Police Nab Another Illegal Gambling Ring appeared first on Casino News Daily.

Ionut Rusu

2018 WSOP: Scott Seiver Wins Second Bracelet in Event #48: $10,000 Limit Hold'em Championship

BankrollMob News - Poker / Casino / Betting
2018 WSOP: Scott Seiver Wins Second Bracelet in Event #48: $10,000 Limit Hold'em Championship
Scott Seiver came back from being short-stacked at the bottom of the counts during five-handed action to make it to heads-up play against fellow American Matt Szymaszek. The match was short and swingy. Seiver started with a 2-1 lead and quickly had Szymaszek down to just a few bets. Szymaszek then managed to come back from a 10-1 deficit to overtake the chip lead. Seiver fought back well and pulled off a big bluff with jacks up, which left less than 30 big bets on the table. With limits so big[...]

Thursday, June 28, 2018

Ionut Rusu

Bingo is back: Market leader, Gala Leisure is to relaunch all its Gala Bingo clubs as Buzz Bingo with two-year £40 million investment plan

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Bingo is back: Market leader, Gala Leisure is to relaunch all its Gala Bingo clubs as Buzz Bingo with two-year £40 million investment plan

Gala Leisure’s Clacton-On-Sea, Enfield and Falkirk clubs are among the first clubs to undergo transition to Buzz Bingo and will have their official launch party on Saturday

Ionut Rusu

Valley Forge Casino Resort Slapped with $50,000 Fine for Awarding Excess Free Slot Play

Casino News Daily
Valley Forge Casino Resort Slapped with $50,000 Fine for Awarding Excess Free Slot Play

The Pennsylvania Gaming Control Board slapped on Wednesday a $52,500 fine on Valley Forge Casino Resort for giving out excessive amounts of free slot play to high-volume customers in the period between 2015 and 2016.

The fine was the result from an investigation conducted by the state gaming regulator’s Bureau of Investigations and Enforcement. Gaming Control Board investigators found that unauthorized employees at the casino awarded free slot play in the period between 2015 and 2016. It was also found that authorized employees awarded free slot play beyond their limits of authorization, thus violating state gaming regulations.

The unauthorized and excess free slot play eventually resulted in the casino awarding amounts higher than the level approved by regulators, as noted by the Gaming Control Board in a Wednesday notice.

The regulator’s probe into the matter found that in 2015 and 2016, unauthorized staff performed 557 complimentary slot play transactions, with those being worth over $4000,000. As many as 170 customers received the comps and 80% of the money were awarded to 20 high-volume players, the Gaming Control Board revealed.

The transactions accounted to less than 10% of the total amount of $5.2 million the casino awarded in free slots play during the period reviewed by state regulators.

The casino said Wednesday that it has agreed to pay the fine. Michel D. Fabius, the lawyer who represented the gambling venue before the Gaming Control Board said that he was confident the transactions were carried out to real customers and there was a real business reason behind those.

Previous Fines

This was not the first time the gaming resort was nabbed by Pennsylvania regulators. Back in 2013, the property received a $200,000 fine after being found that it had offered Dining Club memberships through a special promotion of little or no financial consideration. However, under state gaming regulations, patrons are required to spend at least $10 at a casino complex in order to be admitted to its gaming floor.

It was announced late last year that Las Vegas-based gaming and hospitality company Boyd Gaming would acquire Valley Forge Casino Resort for the total amount of $280.5 million. Located in the King of Prussia, about 20 miles west of Philadelphia, the casino complex became Boyd’s first property in Pennsylvania. The fact that the state is home to the nation’s second largest commercial gaming industry was among the factors that encouraged the company to seek expansion of its footprint there.

The Gaming Control Board gave the nod to the transaction in April. During the hearing before the gaming regulator, the casino’s new owners said that they would look to expand its existing offering with online gambling services. Boyd is no stranger to remote gaming, as prior to selling its 50% stake in Atlantic City’s Borgata, the company had participated in the operation of its online casino.

The post Valley Forge Casino Resort Slapped with $50,000 Fine for Awarding Excess Free Slot Play appeared first on Casino News Daily.

Ionut Rusu

2018 WSOP: Canadian student turns $1.5k into $1M and earns first bracelet!

BankrollMob News - Poker / Casino / Betting
2018 WSOP: Canadian student turns $1.5k into $1M and earns first bracelet!
Tommy Nguyen, a 28-year-old Canadian student making his first appearance at the WSOP, outlasted a massive field of 6,260 entries over four days of play in Event #48: $1,500 No-Limit Hold'em MONSTER STACK to win a massive $1,037,451 and his fist World Series of Poker bracelet! Once two-time bracelet winner Steve Billirakis had been eliminated in 11th place, the tournament was guaranteed to award a first-time bracelet winner. It looked like the tournament would need another day of play to be comp[...]
Ionut Rusu

Ryan Leng Leads 4 Survivors Into 2018 WSOP $1,500 No-Limit Hold’em Bounty Final Day

Casino News Daily
Ryan Leng Leads 4 Survivors Into 2018 WSOP $1,500 No-Limit Hold’em Bounty Final Day

Ryan Leng is aiming for a first WSOP gold bracelet and has secured a comfortable entry into the final day of the $1,500 No-Limit Hold’em Bounty to attack the top. The player bagged and tagged 5.44 million at the end of what was supposed to be the tournament’s final day.

With four contestants still in the mix, play will have to extend into an additional fourth day. Action is set to resume at noon local time today at the Brasilia poker room of Rio All-Suite Hotel & Casino, home to the WSOP for years now.

Leng will be accompanied and challenged by three more players at the table. Ranno Sootla collected the second largest stack last night. A look at the temporary chip counts chart shows that the player is set to enter Day 4 of the tournament with 3.835 million. Christian Nolte finished third in chips last night, trailing not far behind Sootla with 3.405 million.

Jay Farber, the player who finished runner-up to Ryan Riess in the 2013 WSOP World Championship, has, too, secured a spot among the final four with 2.195 million. The player might be the short stack into Day 4 of the event, but he is still pretty deep, which promises for additional thrill both for the remaining contenders and those fervently following WSOP action from Las Vegas and anywhere else in the world. It is also important to note that all four survivors are vying for their first gold bracelet from the series.

Leng’s Road to the Chip Lead

Leng had a bumpy third day of play. The player climbed to the chip leading position to then drop to the short stack several times throughout the day, before eventually taking the lead for a final time and never looking back.

Leng clashed with Sootla on numerous occasions on Day 3. On a very important hand, Leng managed to double through his fellow competitor to improve his stacks significantly. At a later stage on Day 3, Sootla doubled through Leng, telling him they were now even. As mentioned above, the two players eventually ended the day occupying the top half of the chip counts chart.

Leng scored his best live tournament result about this time last year. The player finished runner-up to Germany’s Christopher Frank in the $1,500 No-Limit Hold’em for a cash prize of $237,776.

The $1,500 No-Limit Hold’em tournament attracted 1,983 entries this year. A prize pool of $2,677,050 was generated. The money was split into payouts for the top 298 places. It is also important to note that participants are also being awarded a $500 bounty for every fellow player they eliminate.

Each of the four finalists is guaranteed a minimum payout of $89,151, but they are all certainly eying the $272,765 top prize and the coveted WSOP gold bracelet that goes along. Action resumes at noon local time at the host casino. The remaining hopefuls will play down to a champion.

The post Ryan Leng Leads 4 Survivors Into 2018 WSOP $1,500 No-Limit Hold’em Bounty Final Day appeared first on Casino News Daily.

Ionut Rusu

2018 WSOP: Loren Klein Wins Third Bracelet in Three Years!

BankrollMob News - Poker / Casino / Betting
2018 WSOP: Loren Klein Wins Third Bracelet in Three Years!
On Tuesday, Loren Klein won the biggest $10,000 pot-limit Omaha championship in World Series of Poker history. The tournament (Event #49: $10,000 Pot-Limit Omaha 8-Handed Championship) attracted 476 entries and Klein, 32, received $1,018,336 in prize money and his third WSOP bracelet! Besides Allen Cunningham and Matt Matros, Klein is the only player to have won a bracelet three years in a row in the post-Moneymaker era! Klein scored his first bracelet in a no-limit hold'em/pot-limit Omaha mixe[...]

Wednesday, June 27, 2018

Ionut Rusu

BRYKE Increases Its Presence In Golden Lion Casinos Installing More Machines

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BRYKE Increases Its Presence In Golden Lion Casinos Installing More Machines

Zitro has come to an agreement with Mexican operator, Golden Lion Casinos, to provide a large number of machines with new and sensational progressive banks in all of its venues

Ionut Rusu

Malta Pushes New Gambling Law’s Implementation Back by a Month

Casino News Daily
Malta Pushes New Gambling Law’s Implementation Back by a Month

Malta is set to postpone the implementation of its new gambling law to August 1, 2018, the Malta Gaming Authority (MGA) said in a statement from earlier today.

The gambling regulator further pointed out that a recently issued Detailed Opinion by the European Commission (EC) as well as comments by the EC and by another EU Member State have necessitated the delay in the finalization of the new regulatory framework’s implementation process. It is understood that the Detailed Opinion has extended the standstill period during which the new law cannot take effect to July 16, 2018.

The MGA’s statement further reads that the Maltese government and the regulator itself will need time to review and address the comments and recommendations made by the EC and the Member State to ensure the smooth implementation of the nation’s new Gaming Act.

Malta’s new gaming regulatory framework was tabled in the country’s Parliament earlier this year and was sent for review by the EC on March 14. It was previously expected that the new regime would take effect on July 1, provided that it survives the three-month standstill period.

New Licensing System

Generally speaking, the new Gaming Act aims to replace Malta’s current legislation and is particularly focused on the licensing and provision of gambling services. Once it takes effect, the new law would simplify the current gambling licensing system by introducing just two categories of licenses – a B2B one and a B2C one. Gambling companies are currently required to obtain different licenses for the different types of services and products they are providing.

Malta’s new Gaming Act represents the first revision of the nation’s gaming law in fourteen years. The amendments were initiated by former MGA Executive Chairman Joseph Cuschieri, who assumed the post of CEO of the Malta Financial Authority earlier this year. Mr. Cuschieri’s vacated spot at the gambling regulator was later on assumed by MGA Chief Operations Officer Heathcliff Farrugia.

Aside from the new licensing system, the new gambling law also aims to extend MGA’s powers over the regulation of the nation’s rapidly growing online gambling sector. The regulatory body will thus be able to roll out stricter regulations and tools for combating money laundering, terrorism financing, and other financial crimes often associated with the gaming and sports betting industry.

The newly set August 1 date for the implementation of Malta’s new Gaming Act will affect remote gambling operations. It was previously announced that the portion of the new law that concerns land-based businesses would take effect on January 1, 2019. It is yet to be seen whether that date would remain unchanged.

Another important provision in the new regulatory regime would exempt B2B gambling service providers from taxes. That particular language aims to further cement Malta’s already established reputation of a major tech hub and a nation that is open to new technologies and innovation.

The post Malta Pushes New Gambling Law’s Implementation Back by a Month appeared first on Casino News Daily.

Ionut Rusu

Senet Group appoints Sarah Hanratty, Portman Group deputy chief executive and director of corporate affairs, as new chief executive

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Senet Group appoints Sarah Hanratty, Portman Group deputy chief executive and director of corporate affairs, as new chief executive

Senet Group, the UK body dedicated to addressing problem gambling through consumer information programmes, announces that it has appointed Sarah Hanratty as its new chief executive from 6 August 2018

Tuesday, June 26, 2018

Ionut Rusu

IGT Secures Multi-Product Systems and Games Agreement with Ocean Resort Casino

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IGT Secures Multi-Product Systems and Games Agreement with Ocean Resort Casino

Atlantic City’s newest casino to open with IGT Advantage casino management system and player-favorite IGT games such as Wheel of Fortune and Fort Knox Video Slots