In Las Vegas, Poker Still Beats Sports Betting In Revenue Per Square Foot

By now it is no more a secret that the revenue of poker for casinos of Las Vegas has remained relatively flat in recent years on the other hand the revenue of sports betting has grown significantly since the year 2010s.

However, if talk about the poker rooms, it still maintains a significant lead over the race and sports books in one category that is revenue per square foot. As per the figures made public by the regulator of Nevada casino in the annual Gaming Abstract, the poker room 43 brick-and-mortar in Clark County has generated nearly $1,120 per square foot in financial year 2017. Race and sports betting that take place in about 80 casinos in Clark County area has generated $670 per square foot.
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Online Pokerfest Problems

Those who opt to play poker events online were in for some disappointment on Sunday last weekend.

There were some connectivity problems for which the website of party poker had to cancel out some top events that were part of an online playing schedule. There were two tournaments planned as part of an ongoing series at Pokerfest which also had to be cancelled.

As per the poker room personnel who monitored the online events, the decision to cancel the tournaments had to be taken as there were network issues that developed on the Gibraltar ISP network. The statements were issued on a poker forum Two Plus Two which was meant to clarify the situation for those attempting to play these events online. The cancellation affected Events 38 and 39 of the Pokerfest. There had also been some guaranteed and non guaranteed games on the tournament that were affected as well. Concerned management apologized for the inconvenience caused that had been unforeseen. They also assured the online audience that they were trying to ensure that a stable network will resume quickly for the players to enjoy seamless online playing experience. Read more »

Chen Won 2017 Aussie Millions Event

2017 Aussie Millions Poker Championship third day has been a big day for player from Taiwan James Chen.

He won ANTON ring the first of the series. By winning the ANTON ring he took down the Event #2: $2,500 H.O.R.S.E. The win happened on Friday in the Crown Poker Room.

In the tournament 49 players participated, the number was the increase of 26 percent from the last year. Last year 39 participants took part in the event. Chen got into the final day having double the chip stack, compare to any other player. Now, Chen has the winning amount of $619,330 in his till date career. By winning the tournament, Chen has secured the position of fifth place on the list of All Time Money Taiwan.

The biggest win of Chen came year after year for the High Roller Macau Poker Cup tournament. In 2015, he shipped the top prize of $219,850 of the tournament. Again in 2016, he took the same event and won the prize amount of $293,044. Read more »

Fedor Holz comes out of “Retirement”and Wins EPT Barcelona Super High Roller

Poker player Fedor Holz did what does best after coming out of his brief retirement as he won a major tournament on Monday.

The German aged 23 is a high stakes poker pro and was the winner of the €50,000 EPT Barcelona Super High Roller as he was the man last standing. Holz took home the winning prize of €1,300,000. It has been an unbelievable year for the youthful professional as he is known for clocking seven-figure payouts regularly like California sunshine and is just short of winning the lifetime live tournament mark of $20 million. He is just shy of few dollars in catching the 8th place by displacing Sam Trickett from the all-time list in terms of money. Few short years are what has taken him to achieve the feat.

The chart is topped by Daniel Negreanu who is with under $33 million and people had said that he cannot be caught ever. Judging by the rate in which Feder is winning he will not only catch him but also sail past Kid Poker before he reaches 30 and leave him in the dust. Read more »

The take of Full Tilt Poker

The domain of Full Tilt Poker was seized back in the year 2011 by the Federal Bureau of Investigation, and the ex chief executive officer sentenced to forfeit the assets that included $40 million in cash along with a number of properties after two years.

This is only the tip of the iceberg of the journey Full Tilt Poker has taken in the past couple of years. This has not halted Valve from letting the free-to-play poker software to introduce on their distribution platform.
It was15th April, 2011 when the day the United States Department of Justice uncertained an indictment from March against ex chief executive officer Ray Bitar as well as Full Tilt Poker chief Nelson Burtnick, along with other owners as well as staffers on PokerStars and Absolute Poker also being named. The charges were related to violation of federal gambling regulations, fraud and money laundering.
Later, the Justice Department alleged in a suit that the website as well as their directors scammed poker players out hundreds of millions of dollars that would finally result in Bitar agreeing to declare guilty, serving time as well as handing over assets. Read more »

Antonio Esfandiari “The Magician” partnering Poker Central to launch TV network

Poker Central is going to launch a television network and information related to the development was made known on Wednesday May 6.

The soon-to-launch TV of Poker Central will be interestingly partnered by none other than Antonio “The Magician” Esfandiari, the poker superstar, and it was revealed on the Wednesday announcement by Poker Central.
A press release with regard to the announcement was issued by Poker Central, and this news is coming off the heels of the network being joined by another poker superstar Daniel Negreanu, who joined the network only last week as a partner.
“The Magician”, Esfandiari was known for his unpredictable nature, but good humor by followers from all over the world, and he came in to the limelight when he won the history, topping largest cash prize $18,346,673 in 2012 when he shipped the World Series of Poker Big One for One drop. The win catapulted Esfandiari to the top spot in all time money list, which was overtaken by Daniel Negreanu, who came to the front, by the WSOP Big One For One Drop second place finish.
Poker Central is highly excited by the project launch, which would feature around the clock program list by 2015 end and quite reasonably, the channel also reserves the same enthusiasm for the   new partner Esfandiari.
Poker Central CEO Clint Stinchcomb said, “We are very delighted to have Antonio in the team of Poker Central, as you must be aware that he is one of the very popular players in the community of Poker who is going to a great asset for the 24-hour poker network”.  If you go by the press release of Poker Central, the player is also excited about the affiliation.

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