Anticipation and Excitement as Aussie Millions 2013 Just One Day Away

The Melbourne poker scene is abuzz in expectation of this season’s Aussie Millions Poker Championship that is set to showcase a few of the earth’s biggest talents in the poker world.

Using destination every January during the Crown Casino in Melbourne, Australia, the Aussie Millions Poker Championship boasts the title of the largest, longest and most event that is prestigious the gaming calendar in the Southern Hemisphere. Estimates recommend that more than 20,000,000 hands were dealt at the Crown’s Aussie Millions over the past 10 years.

This year marks the Aussie Millions Poker Championship’s 11th anniversary, over which time it offers grown to become ranked high in the international poker scene, second only to the World number of Poker (WSOP).

The primary event, which will see a few of the globe’s biggest names in the overall game, is set to achieve its final stage on Saturday February third, and you will be televised nationwide and internationally throughout ensuring eager fans and spectators don’t miss a moment of this exciting tournament.

The tournament commences this January 17th and can consist of 26 championship occasions, all leading to one main occasion, with a prize-pool expected to reach and go beyond $20,000,000. This prize that is enormous sure to bring some intense competition from the 4,000 plus individuals expected to take part as they each shoot for fame, riches and a lion share of the prize-pool, putting their skills to the test against a few of the best and most experienced players in the world.

The prize-pool throughout the years of the competition’s history has grown from a comparatively modest yet significant $81,400 during the first 12 months, when the tournament was still the Crown Australasian Poker Championships in 1998, to the staggering amount it became today. This can be a testament to the popularity of this game in the Southern Hemisphere, as well as the skill which is attracted.

Buy-ins at this year’s tournament cover anything from $500 up to and including staggering $250,000; a record set by the tournament last year which smashed all previous records to dust and became the world’s largest poker tournament buy-in.

A whole host of national representatives are already set to be involved in the 2013 Aussie Millions Poker Championship, with players hailing from the United Stated, the United Kingdom and Ireland, Canada, Russia, China and South Africa, to list just several.

Organisers at the Crown Casino are geared towards producing a seamless and professional tournament, that may add a lot more than 7,000 members of staff, consisting of 384 poker dealers, 62 game supervisors, 30 pit bosses, and 20 operations staff.

All in all, this 12 months’s Aussie Millions Poker Championship is placed to be certainly one of the most events that are exciting the gaming calendar, and is certainly someone to be watched.

American Public’s Support For Sports Betting Grows, As Pro Teams Fight It

More men than females, and more Americans overall than previously, think that sports betting is legalized in states where its currently prohibited, according to a study that is new by Fairleigh Dickinson University. For the first time ever, 51 percent of the American public now help legalizing sports betting in all 50 U.S. states.

Meanwhile, attorneys are readying arguments for a valentine’s hearing in Trenton, NJ with U.S. District Court Judge Michael Shipp, where Shipp is scheduled to hear arguments from their state of the latest Jersey, the NCAA and four pro sports leagues whom are all fighting to help keep activities betting illegal inside their home state.

Presently, just Nevada, Delaware, Oregon and Montana enable legal recreations gambling under the federal Professional and Amateur Sports Protection Act (PASPA) of 1992. Also referred to as the ‘Bradley Act,’ PASPA supporters say that across-the-board legalization could put the integrity of pro sports teams in jeopardy, while opponents cite the truth that illegal activities betting already occurs and that legalizing it might presumably eliminate corruption in many sports. The National Football League is unabashedly against legalization, a stance that some attribute to the pressure that is intense would put on referees to produce correct calls during games and a fear that it could start players and coaches as much as the possible for bribes and game fixing.

New Jersey is a huge state that is controversial the PASPA odyssey; when first passed in 1992, the Garden State ended up being given the option to enact an activities betting law, but failed to do this. Ironically, Governor Chris Christie and New Jersey lawmakers are actually avidly fighting the federal ban, saying it is unconstitutional and that they have earmarked Fall 2013 to roll out legal sports betting in their state’s gambling enterprises and racetracks. Locked in battle against these legislators would be the NCAA, Major League Baseball, the National Football League, National Basketball Association and also the National Hockey League. The February 14th hearing will determine if the ban is constitutional or not.

Shipp’s past rulings on PASPA have actually preferred upholding the ban. The U.S. Attorney’s workplace is asked to participate in the hearing, and has until January 20, 2013 to intervene; therefore far, they will have not made any moves into the matter, according to the Department of Justice.

The recent poll by Fairleigh Dickinson’s PublicMind group found that 60 per cent of males, and 43 percent of women approve of legalized sports betting today; a number that is up 39 percent from a similar poll conducted nearly three years ago. The poll asked 814 registered voters nationwide about the matter; 33 % said they certainly were opposed to sports that are legal, while 11 % stated they were ‘unsure.’

Pinnacle Entertainment Set To Buy Ameristar

Adding to its casino properties situated mainly in the South and Midwest, Pinnacle Entertainment has decided to purchase Ameristar Casinos for $869 million, according to Pinnacle’s executives. Contained in the major deal would be $1.9 billion with debt that Pinnacle would consent to assume from the also primarily Midwest-based casino conglomerate.

It’s not clear exactly how the deal that is just-announced affect Ameristar’s in-progress Mojito Pointe project, a $500 million casino and resort going up next to Pinnacle’s L’Auberge in Lake Charles, Louisiana.

Still approval that is awaiting shareholders and regulators, the latest deal would up Pinnacle’s casino and resort holdings to 17 in the continental U.S., while more than doubling their holdings. Las Vegas executives for both companies have already approved the offer.

The acquisition will pay $26.50 per share for Ameristar Casinos, Inc., a 20 percent premium over the company’s recent closing stock price of $22.07 in addition to the debt assumption and purchase price. An additional $116 million in cash available can also be within the total purchase package.

Pinnacle executives expect the new acquisition to save them a minimum of $40 million per year, while boosting the business’s earnings once the offer is finalized.

With existing properties in Louisiana, Indiana, Ohio and imminently Texas, Pinnacle began as the Hollywood Park Turf Club in Inglewood, California in 1938. After purchasing Boomtown, Inc. in 1997, another gaming empire with properties in Reno, Biloxi, New Orleans and nevada, the business re-emerged as Pinnacle Entertainment. Among its brand new projects is really a stake in Vietnam’s first-ever large-scale resort that is integrated.

Ameristar’s eight casino resort properties are located in Nevada, Colorado, Louisiana, Mississippi, Missouri, and Iowa. A publicly traded business since 1993, Ameristar generates $1 billion in net revenues annually. Mojito Pointe, their casino/hotel that is 700-room project construction, had an anticipated opening date of third quarter 2014 ahead of the Pinnacle purchase. The property that is new consist of 1,600 slot machines, 60 table games, tennis and tennis courts, and a spa. The property had been previously purchased from imaginative Casinos of Louisiana for $32.5 million after Creative failed to have construction financing that is sufficient.

Nevada Gambling Revenues Slowly But Surely Creating a Comeback

Still reeling from an ailing economy that hit the nevada Strip particularly hard, Nevada gambling is nonetheless slowly building a comeback, in accordance with various gaming analysts who gauge the state’s annual gambling coffers. For the 3rd year in a row, the Silver State posted sizable income increases through the year prior, with 2012’s final figure for casino video gaming revenues coming in at $10.86 billion, a 1.5 percent increase over 2011.

What It Indicates

The figures represented more news that is positive some analysts than to others; with some saying it shows a sluggish but constant comeback, while others warned not to have caught up with excitement quite yet. Joseph Greff, an analyst with J.P. Morgan, was caution that is exercising noting that December’s 10 per cent jump to $943 million compared to the year prior, while encouraging, is still blended in with ‘continued uneven recovery in the Strip, with some positives and some negatives.’ Michael Lawton, on the other hand, a senior analyst for the Nevada Gaming Control Board, had been more encouraged, telling the Las Vegas Review-Journal in a recent interview that ‘ we are gradually moving in the right direction.’

Gambling revenues for the state remain a sizable 15.5 per cent below their saturated in 2007.

Las Vegas, Nevada Represents

And in addition, the Las Vegas Strip, that will be home to Nevada’s most lucrative casinos, represented a hefty amount of their state’s annual gaming numbers; it passed the $6 billion mark for the year that is second a row at $6.2 billion, and increased 2.3% over 2011 figures.

Both Clark County as well as the Downtown area did their part to bring home the bacon too, each showing increased revenues over the year that is previous their 2012 numbers. Clark County revealed higher numbers in six out of seven reporting areas, while Downtown, the Strip’s poorer cousin, rose 2.5% in 2012 over 2011 for a take that is final of509 million and change.

Baccarat Brings It Home

Apparently the crossover that is american in Macau has already established an impact on Las Vegas gaming; casinos in las vegas report that Baccarat, long a favorite of Asian whales, is taking down significantly more than ever stateside, perhaps as high-limit players from the Chinese Special Administrative Region come to see the original on which their mecca is based. With many properties such as The Venetian and Wynn mirroring involving the two gambling epicenters, it’s not surprising that players from Macau would visit their casino counterparts in Las Vegas. The game that is elegant accounted for 12.7 % associated with the $10.8 billion in Nevada gaming monies this year, contrasted up to a mere 3.8 percent of revenues 10 years ago.

All of those other State

Perhaps Not every area of Nevada gambling showed increases: Laughlin, understood for attracting an even more senior much less well-heeled crowd than the Strip, fell 0.6 percent inside their gaming numbers, attracting $462 million.