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Sunday, 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.

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 ...

Saturday, November 24, 2018

Nevada regulators approve deal with sportsbook operator

Las Vegas Sun Stories: Gaming
Nevada regulators approve deal with sportsbook operator
Nevada gambling regulators have approved a settlement with a troubled sportsbook operator that has admitted to taking unlawful bets and making inaccurate payouts. The Nevada ...

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.

Friday, 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 .

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.

Playtech thanks Teddy Sagi for important input after founder sells remaining shares

Gambling Insider
Playtech thanks Teddy Sagi for important input after founder sells remaining shares
Playtech founder Teddy Sagi has sold his remaining shares in the company, the supplier has confirmed to Gambling Insider

Excitement Is in the Air as the WPT Rock ‘N’ Roll Poker Open $3,500 Championship Starts Today

Casino News Daily
Excitement Is in the Air as the WPT Rock ‘N’ Roll Poker Open $3,500 Championship Starts Today

The 2018 edition of the WPT Rock ‘N’ Roll Poker Open is under way at Seminole Hard Rock Hotel & Casino Hollywood, Main Event starts today

The WPT is back at Seminole Hard Rock Hotel & Casino in Hollywood, Florida for this year’s WPT Rock ‘N’ Roll Poker Open, and the festival’s $3,500 Main Event is just hours away from kicking off at the poker tables of the popular casino.

WPT action began at the host venue on November 14 with a $360 buy-in Deep Stack tournament with a guaranteed prize pool of $1 million. And a number of other events have too been completed since then, but the most anticipated one is yet to begin.

This year, the championship event will feature a guaranteed prize pool of $2 million. It kicks off today at noon Florida time and will run all the way through November 28. The Main Event will include two starting flights played on two separate days and four more days of action. The final day of the tournament will see six players return at noon local time at the host casino to play down to a champion. The official final table will be streamed with a 30-minute delay, starting 12:30 pm local time.

Overall, the schedule of this year’s WPT Seminole Rock ‘N’ Roll Poker Open includes 19 tournaments and three of those feature seven-figure guaranteed prize pools, with those being the festival’s opening event, the Main Event, and the single-day $1,100 No-Limit Hold’em with a guaranteed prize pool of $1 million.

Last Year’s Champion

Last year’s edition of the $3,500 Championship event at Seminole Hard Rock Casino Hollywood drew 585 entries, some of whom had flown all the way from Europe and other parts of the world. A prize pool of $1.872 million was created, failing to crush the $2 million guarantee.

The top 79 finishers were treated to a share of the guaranteed money and it was US poker pro Jared Jaffee who was the first player to leave the tournament with a payout. Min-cashes were worth $4,900.

Michael Newman outlasted the Main Event’s field last year. The player was awarded the amount of $374,240 and the WPT Seminole Rock ‘N’ Roll Poker Open trophy. Lithuania’s Matas Cimbolas and US player Darryll Fish were the other two to round out the podium of last year’s edition of the major tournament. Cimbolas collected $262,440 for his runner-up finish, while Fish scooped a $168,920 share of the prize pool for finishing third.

Newman is a regular at the Seminole Hard Rock Hollywood Casino and has been playing in recurring tournaments taking place at the venue for years now. He has been quite active over the past year and has cashed in more than 20 tournaments at the Hollywood-based gambling venue. It is to be seen whether Newman will enter this year’s Main Event in a bid to defend his title.

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