Casino News: Encore Boston Harbor Revenues, Vegas Casino Sues Evander Kane
This week’s casino news includes disappointing revenue reports from Encore Boston Harbor and the Macau casino industry. Our news report also incorporates the Cosmopolitan Las Vegas suing an NHL player for unpaid gambling debts. When it had been approved by Massachusetts voters in 2012, Encore Boston Harbor was sold to the public as a remedy for the commonwealth’s revenue shortages.
There ended up being a complete large amount of hype about the city of Boston obtaining a casino but the locals happen tepid with regards to visiting it. We are going to start with that story as we recap this week’s casino news.
Encore Boston Harbor Falls Far Short Of Expectations in first 12 Months
There were massive expectations for the Encore Boston Harbor whenever it first exposed earlier this season but as we approach the conclusion of this calendar year, it looks like they’ll miss out on the goals.
The Encore Boston Harbor is on rate to fall nearly $100 million shy of its first-year projections. The casino resort, which are priced at $2.6 billion to build, still made $175.8 million during its first full quarter of operation, so it’s not just as if anyone is complaining. But, while that number is impressive, it nevertheless puts Encore Boston Harbor on pace to fall $100 million short of its projected $800 million revenue for the year. Of course, that projection does not simply take in to account that the revenues for the company could continue to fall short of its monthly projections moving ahead.
The MGM Springfield, fell $144 million shy of its projections for its first year to put that in perspective, though, the other Las Vegas-style casino in the state. While there is some debate in regards to the reason for the casinos falling short of their objectives, the reality is that patrons in the state of Massachusetts simply are not wagering as much money at those establishments this 12 months. We are going to see if they could pull in some extra business during holidays and give the figures a good start.
San Jose Sharks’ Star Evander Kane Sued By Las Vegas Casino
San Jose Sharks ahead Evander Kane has been sued $500,000 by the Cosmopolitan Las Vegas for unpaid gambling debts. According to the lawsuit, the Cosmopolitan is looking for damages after the NHL veteran took out eight markers between $20K and $100K around April 15th and never paid the casino back. The Sharks had been in Las Vegas around that time for Game 3 and Game 4 of the first-round playoff show with the Las Vegas Golden Knights.
Kane, who signed a seven-year, $49 million cope with San Jose in 2018, is being asked to pay about one-sixteenth of his $8 million wage for this year. After earning approximately $49 million so far in his NHL job, Kane should have no problem paying the casino right back. The debts amount to 1% of Evander Kane’s 2018 contract.
Nevertheless, the fact that he’s being sued indicates that there’s either some conflict or some possible financial hardships. Additionally it is alleged that this event took place at the center of the playoff series contrary to the Golden Knights, which could be of significant concern for the Sharks and the league at this time.
Macau Gaming Revenue Numbers Take Another Hit In October
Macau casinos took another hit within their gaming that is year-over-year revenue compared to this past year in October. According up to a report released by the Macau Gaming Inspection and Coordination Bureau, the casinos suffered a drop that is 3.2-percent comparison with their numbers from October of 2018. Still, it is worth noting that Macau casinos took in $3.3 billion from gamblers in a single month. That number still represents a revenue that is substantial, in addition to a 19-percent increase from September’s 12-month low of $2.7 billion in income.
Poker News: Negreanu Player for the error, Cashen and Martini Winners year
It absolutely was a week that is wild well-known poker player Daniel Negreanu who won and then lost the World Series of Poker Player of this Year honors. We are going to begin with that strange tale as we recap this week’s poker news.
Negreanu Loses WSOP Player Of the Title After Clerical Error year
A week ago, Daniel Negreanu celebrated a 2019 World Series of Poker Player of the Year title following the WSOP media that are social create a note congratulating him for winning the award. Negreanu celebrated in design following their ever that is third WSOP title and very first since 2013. The bracelet that is six-time had also secured WSOP POY honors all the way back in 2004.
However, it didn’t take long for Negreanu’s celebrations to turn into shock and dismay. Russian poker writer Alex Elenskiy noticed that Negreanu had received WSOP POY points for the occasion that he didn’t cash in, prompting the poker community to rally together in an attempt to figure out whether Negreanu was the POY award that is legitimate winner. As it turns out, Negreanu had been awarded additional points that he theoretically didn’t earn centered on a clerical mistake. After that mistake was corrected, it left poker that is australian Robert Campbell as the undisputed WSOP POY winner.
The WSOP made the apologies that are necessary handed the award to Campbell. The Australian mixed-games specialist, who’d already won two bracelets throughout the summer, edged out both Negreanu and Shaun Deeb for the award. While Negreanu had been gracious through the entire process, he did note a couple of ways that the WSOP could improve its process of determining the POY winner, so hopefully they heed their advice. It in fact was a cruel twist of fate for Negreanu. However, at the conclusion associated with the day they got it right since the true champion won the award.
Cashen Wins 2019 CPPT Live! Casino & Hotel Maryland Main Event
The winner of this 2019 Card Player Poker Tour Live! Casino & Hotel Maryland $200,000 guaranteed $1,100 buy-in no-limit hold’em main event is none other than Joe Cashen. The 60-year-old contractor outlasted an industry of 192 entries to cash out with the $50,680 main award. It had been the largest competition cash of the veteran poker player’s profession to date in which he also took house 336 Card Player Player of the season points as the champion as of this event.
Rounding out the top three spots, Richard Smith took home $34,572 for his runner-up finish, while Mukharji Uppalapati won $20,500 for his third-place outcome. It absolutely was Cashen’s fourth POY-qualified rating of 2019.
Martini Clinches 2019 Poker Masters $10,000 Big Bet Mix Title
Julien Martini is the big winner of the year’s Poker Masters $10,000 Big Bet Mix Title event. The Frenchman outlasted the other 51 players into the field to profit from the $166,400 prize that is main. Martini, who beat out the other five opponents that made it to the final day’s competition action, has now made more than $4.5 million in real time poker event winnings during the period of his career.
Runner-up Kahle Burns took home $109,200, while third-place finisher Jorryt van Hoof won $72,800. Stephen Chidwick, whom started the table that is final about 65-percent of the total remaining chips, ended up getting rocked regarding the final time on the way to settling for a fifth-place result and $41,600.
NFL Betting: Top Five Games In The NFL Schedule For Week 12
Week 11 was filled with blowouts as six of the eight games at 1:00 p.m. ET on Sunday had been decided by 17 points or more. Things don’t exactly get more competitive into the or evening as the rest of the games were all decided by seven or more too afternoon. Let’s take a look at the very best five games for Week 12 in the hopes that we see some closer contests:
Indianapolis Colts @ Houston Texans
Odds: Texans -3.5
The AFC South is wide available heading into the final six weeks of the season. Indianapolis and Houston are tied for the record that is best in the division with the Tennessee Titans just one game straight back and the Jacksonville Jaguars simply two games right back. Only one of Indianapolis or Houston will likely be able to pull in to possession that is sole of devote this one. The Colts might be the more likely team to win this one as Indy has won four of its last five versus the Texans if recent history is any indication.
Oakland Raiders @ New York Jets
Odds: Raiders -3
Oakland has climbed back to your AFC playoff image with three wins that are straight. Not only are the Raiders challenging for A wild Card spot, but they are also right there competing for the record that is best in the AFC West. Derek Carr continues to perform at a high level but now the Raiders find themselves in a fresh spot: as a road favorite. A negative as the Jets have checked at times this year, they have been still coming off back-to-back wins with a roster that is finally needs to get healthy. Plus, the Raiders are just 2-6 in the Eastern Time Zone dating back to 2017.
Dallas Cowboys @ New England Patriots
Chances: Patriots -6
It certainly wasn’t pretty, but the Patriots found a way to choose up a 17-10 victory over the Philadelphia Eagles to improve to 9-1. Now, New England returns home with Eagles fans hoping they can be done by them a favor and select up another win on the NFC East rival Cowboys. The Patriots have outscored their opponents by a total of 179 points in 2010. Although the Cowboys are 6-4, they are still 0-3 against opponents that actually have winning records.
Seattle Seahawks @ Philadelphia Eagles
Odds: Eagles -2
Coming off a tough loss to New England, there are plenty of positives that the Eagles can hold over in to this matchup with Seattle. Carson Wentz and business overcame quantity of key injuries to hold their very own against New England. Now they need a success on the Seahawks to shut the space on Dallas atop their unit.
Green Bay Packers @ San Francisco 49ers
Odds: 49ers real-money-casino.club -3
Just as if the schedule for Week 12 had beenn’t impressive enough currently, the NFL has booked a showdown between the top teams in the NFC for Sunday Night Football. Jimmy Garoppolo led San Francisco to a comeback win over the Arizona Cardinals week that is last enhance to 9-1. Now the 49ers have another possibility to show they will be the best into the NFC when Aaron Rodgers and company see Levi’s Stadium. All eyes will be on the Packers and 49ers when they clash on Sunday Night Football in a game that could potentially determine the top seed in the NFC.