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Saturday, November 17, 2018

MGM, Wynn tamp down Boston casino intrigue

November 17, 2018 0
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 ...
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First Four Flights of WSOP Circuit Planet Hollywood Event #2 Draw 334 Entries

November 17, 2018 0
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.

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North Dakota Looks to Legalize Charitable Sports Betting

November 17, 2018 0
Casino News Daily
North Dakota Looks to Legalize Charitable Sports Betting

North and South Dakota make first steps toward legal sports betting

North Dakota is looking to jump into the sports betting bandwagon as a local legislator is crafting a bill that would allow the practice, and proceeds from it would go to charities.

Local news outlet KFYR-TV reported on Friday that House Rep. Jason Dockter is planning to introduce a bill that would authorize charitable sports betting, thus providing an additional revenue source for the state’s charities.

Charitable gambling is a popular activity in North Dakota. Under state laws, it can only be conducted by non-profit corporations that hold a State Gaming License issued by the Office of the Attorney General or an organization or group of people who have been granted a Local Permit from a county or a city. Charitable gambling first became legal in North Dakota in 1977. The state is also home to several tribal casinos, but those are operated under separate rules and regulations.

Rep. Dockter has told local media that with sports betting, charities will be able to offer around 20% of all gambling options available in Las Vegas and this would save the state quite some money. The legislator went on to explain that:

“It puts less burden on the state because those charities and other entities would come to the state and ask to appropriate money for their services. Well this is a way for people already spending their money, you can put some of that money toward sports gaming. They can use that so they don’t have to come to the state and put burden on the general fund.”

If sports betting gets legalized in North Dakota, almost all proceeds from the practice would go for charities. As explained by Rep. Dockter, the only sports betting money the state would get would be used to offset costs by the Attorney General’s office.

The House lawmaker has said that he is yet to finalize his bill. Rep. Dockter has expressed confidence in the success of the piece, although some opposition is expected to be raised.

Neighboring South Dakota Could Too Move to Legalize Sports Gambling

News have emerged that North Dakota’s neighbor could too legalize betting, taking advantage of the mid-May SCOTUS ruling that lifted a long-standing federal ban on sports wagering. However, sports betting cannot become legal in South Dakota before 2020.

South Dakota gaming officials have recently submitted a proposal for a constitutional amendment that would legalize sports betting. They seek to place the measure on the 2020 ballot and will need about 34,000 valid signatures to secure that it would be voted on in the election.

If the proposal gains support from the majority of voters, it will then be debated in the South Dakota Legislature. Lawmakers will have to craft and approve regulatory and taxation frameworks. According to experts, it would not be before mid-2021 when first legal sports bets will be placed in South Dakota.

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The post North Dakota Looks to Legalize Charitable Sports Betting appeared first on Casino News Daily.

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Friday, November 16, 2018

Nevada regulators approve deal with sportsbook operator

November 16, 2018 0
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 ...
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San Manuel partners with two sports teams

November 16, 2018 0
Casino City Times
San Manuel partners with two sports teams
The California casino teamed up with LAFC and the Los Angeles Chargers for a pair of sports clinics in November.
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