The Ukrainian poker Yevgeniy Timoshenko was not at the top of his game at the 2017 Aussie Millions Event.
He had to succumb to a defeat at the hands of Finnish poker Samuli Sipila, who does not have the kind of experience that Tymoshenko has. The Ukrainian had a huge advantage over Sipila in terms of game experience. But, this experience came to no avail as he was not able to get the better of the eventual winner at the side event. The event was the Pot Limit Omaha and this is getting popular among both poker players and fans alike. The buy-in for this event was a huge amount and it was $2,500. This was pretty high for any player.
The prize pool was AUD$283, 500 as there were 126 players who took part in the event. The event saw a lot of popular and known players taking part and the prize money were distributed among the top 15 players. Phil Laak took part in the event and finished in the 9th place and took home AUD$8, 505. Continue reading “Ukrainian poker Yevgeniy Timoshenko”
There was an announcement made this week about Eldorado Resorts acquiring the Isle of Capri Casinos in a deal which is $1.7 billion worth.
The merger is inclusive of long term debt of $929 million of Isle of Capri along with its subsidiaries as stated by the companies. After the transaction gets completed, Eldorado will reap benefits through high geographic and operational diversity as there will be inclusion of 13 casino resorts in its portfolio. This would be applicable for 20 properties in total in 10 states. Eldorado has already been operating several casinos between Nevada, Reno and West Virginia, Ohio and Pennsylvania. The revenues would have been around $1.8 billion if the revenue from the companies is combined together in 12 months before July.
The purchase of Isle of Capri will certainly mean a transformation in terms of growth opportunity for Eldorado. It is indeed an important milestone towards the achievement of long term strategies for expansion of gaming platform as per the CEO of Eldorado. Gary Carano also said that the company has created best value for their shareholders in the last 2 years. The Eldorado Resorts will expand eventually from what it was. From 2 fully owned properties along with 50 percent interest in the 3rd property in 2 markets in 2014 to around 20 properties in 10 different states soon after the completion of the transaction. Continue reading “Merging Of Casinos In $1.7B”
The world’s biggest gambling center has a brand new leader for its regulative body.
Asia Gaming Brief’s report suggested that Assistant Public Prosecutor-General Paulo Martins Chan will run Macau’s Gambling Inspection and Coordination Bureau effective 1st Dec.
Manuel Joaquim das Neves, the current gambling regulator, who has been at the head of Gaming Inspection and Coordination Bureau for around 18 years and has seen Macau’s historic rise and also dealt with its accompanying challenges, last month said that he would retire. His term is over on 25th Nov.
Continue reading “Macau brings in top gambling regulator”