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Archive for July 23rd, 2018

Yumi Bui Enters WPT Gardens Poker Festival Main Event Day 2 as Overall Chip Leader

Yumi Bui, a player from San Diego, California, is the overall leader from Days 1A and 1B of the WPT Gardens Poker Festival $5,000 Main Event. She bagged the largest stack last night after Day 1B of the tournament to cement her top spot for a chance to win her first major poker title. Bui put 207,300 worth of chips in her bag to top the leaderboard of the event’s second starting flight as well as of the overall field that is set to head into Day 2. A look at the player’s HendonMob profile shows that she has just over $12,000 in live tournament earnings, but this could very soon change if she keeps her momentum from Day 1B into the next stages of the Main Event at Gardens Casino in Southern California. Bui said that she accumulated most of her chips after a key hand that saw her

Twin River and Dover Downs Set to Merge amid US Land-Based Casino Sector Consolidation Wave

US gaming companies Twin River Worldwide Holdings Inc. and Dover Downs Gaming & Entertainment Inc. announced on Sunday that they have agreed to merge their operations amid a wave of consolidation in the US land-based casino sector. Twin River currently operates as a private company. The proposed deal will see the operator transform into a publicly traded operation with properties in Rhode Island, Mississippi, Colorado, and Delaware. The transaction will involve stockholders in Dover Downs exchanging their stock in the company for common shares in Twin River, which will represent around 7.225% in the combined business once their consolidation is complete, the two companies said in a joint statement Sunday. Being a privately held operation, Twin River will have to register its shares with the US Securities and Exchange Commission and to list them on the New York Stock Exchange or the NASDAQ Stock Market. The closure of the deal

Australian Racing Rolls Out New Rules to Combat Illegal Online Gambling

Australian horse racing trainers and owners could have their computers and mobile devices seized if they are suspected of gambling with illegal betting websites, under a new set of rules by Racing Australia, local news outlet The Sydney Morning Herald reports. Racing Australia is the regulatory body tasked with overseeing Australia’s thoroughbred racing industry. The regulator has adopted speedily a fresh wave of rules aimed at clamping down on illegal offshore operators targeting Australian bettors. Although Australians are allowed to wager on legal websites, they often prefer black market operators to regulated ones, tempted by the promise of a better product and odds. According to a 2015 report by the former Australian Council, the country’s illegal betting market was worth around A$400 million at the time and was expected to reach A$900 million by 2020. A study by Racing Wagering Australia, the body that represents the nation’s online wagering sector,

Brandon Lai Leads after Day 1A of WPT Gardens Poker Festival Main Event

Season XVII of the World Poker Tour has kicked off in style with a summer festival at the Gardens Casino in Hawaiian Gardens, California. And Day 1A of the festival’s $5,000 buy-in Main Event is already in the books. Played yesterday at the host casino, the first starting flight of the tournament saw 209 entries register to take a shot at the first-place prize, which includes a share of the prize pool and an additional treat. The Gardens Casino is contributing $200,000 in prize money to the event as well as a shiny Mercedes-Benz SLC Roadster to the winner. It is yet to be seen how much the event will generate for the overall prize pool, as registration will remain open until some point into Day 2. The tournament allows for players to enter and re-enter twice per Days 1A and 1B as well as during the early stages of

Melco Opens Two Casino Facilities at Larnaca Airport Within Months

Two satellite casino facilities will open doors at the Larnaca International Airport by the end of the year under an agreement between Integrated Casino Resorts Cyprus and Hermes Airport Ltd., a joint statement by the two companies says. Integrated Resorts Cyprus represents the joint venture between Hong Kong-based gaming and hospitality giant Melco Resorts & Entertainment and its Cypriot partner CNS Group. The two companies were selected as the preferred bidder for the development of the first integrated resort with a casino floor in the Republic of Cyprus. Under the term of their license from the Cypriot government, Melco and CNS Group are also set to open four satellite casinos across the tiny Mediterranean republic. The recently signed agreement with Hermes Airports, the company operating the Larnaca International Airport, will allow Melco and its local partner to establish two gaming facilities at the airport. The agreement has a two-year term