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2018 Verhalen » Casino News: Encore Boston Harbor Revenues, Las Vegas Casino Sues Evander Kane

Casino News: Encore Boston Harbor Revenues, Las Vegas Casino Sues Evander Kane

11.01.20 | 03:02

Casino News: Encore Boston Harbor Revenues, Las 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 includes 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 large amount of hype about the town of Boston getting a casino however the locals happen tepid in terms of visiting it. We are going to begin with that whole story once 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 in 2010 but it looks like they’ll miss out on their goals as we approach the end of the calendar year.

The Encore Boston Harbor is on pace to fall nearly $100 million shy of its projections that are first-year. The casino resort, which are priced at $2.6 billion to build, nevertheless made $175.8 million during its first full quarter of operation, so it’s not as though anybody is whining. However, while that number is impressive, it still puts Encore Boston Harbor on pace to fall $100 million short of its projected $800 million revenue for the season. Of course, that projection doesn’t simply take in to account that the revenues for the business could continue steadily to fall short of its projections that are monthly forward.

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. The reality is that patrons in the state of Massachusetts just aren’t wagering as much money at those establishments this year while there has been some debate about the reason for the casinos falling short of their expectations. We will see if they could pull in some business that is extra festive season and give the numbers a good start.

San Jose Sharks’ Star Evander Kane Sued By Las Vegas Casino

San Jose Sharks forward Evander Kane has been sued $500,000 by the Cosmopolitan Las Vegas for unpaid gambling debts. Based on the lawsuit, the Cosmopolitan is seeking 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 these first-round playoff series with the Las Vegas Golden Knights.

Kane, who signed a seven-year, $49 million handle San Jose in 2018, has been expected to pay about one-sixteenth of his $8 million wage for this season. After earning about $49 million so far in his NHL job, Kane needs no nagging problem paying the casino back. The debts add up to 1% of Evander Kane’s 2018 contract.

But, the undeniable fact that he is being sued indicates that there’s either some conflict or some possible financial hardships. It’s also alleged that this incident took destination in the centre of the playoff series against the Golden Knights, which could be of substantial concern for the Sharks and the league at this point.

Macau Gaming Revenue Numbers Take Another Hit In October

Macau casinos took another hit in their year-over-year gaming revenue numbers compared to last year in October. According 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’s worth noting that Macau casinos took in $3.3 billion from gamblers in a single month. That quantity nevertheless represents a substantial revenue flow, along with 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 crazy week for well-known poker player Daniel Negreanu who won after which lost the planet Series of Poker ­Player for the Year honors. We are going to start 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 after the WSOP social media account released a note congratulating him for winning the prize. Negreanu celebrated in style following their ever that is third WSOP title and first since 2013. The six-time bracelet winner had also guaranteed WSOP POY honors all the long ago in 2004.

However, it didn’t take long for Negreanu’s celebrations to turn into dismay and shock. Russian poker writer Alex Elenskiy realized that Negreanu had gotten WSOP POY points for the occasion that he didn’t money in, prompting the poker community to rally together in an effort to determine whether Negreanu was the POY award that is legitimate champion. As it turns out, Negreanu had been awarded extra points that he technically didn’t earn predicated on a clerical error. After that mistake was corrected, it left Australian poker player Robert Campbell once the undisputed WSOP POY winner.

The WSOP made the necessary apologies and handed the honor to Campbell. The mixed-games that are australian, who had already won two bracelets during the summer, edged out both Negreanu and Shaun Deeb for the honor. While Negreanu was gracious through the entire process, he did note a couple of ways in which the WSOP could improve its process of determining the POY champion, so hopefully they heed their advice. It in fact was a cruel twist of fate for Negreanu. However, at the conclusion associated with day they started using it right since the true champion won the honor.

Cashen Wins 2019 CPPT Live! Casino & Hotel Maryland Principal Event

The winner for the 2019 Card Player Poker Tour Live! Casino & Hotel Maryland $200,000 assured $1,100 buy-in no-limit hold’em main occasion is none other than Joe Cashen. The 60-year-old contractor outlasted an industry of 192 entries to cash out because of the $50,680 main reward. It absolutely was the tournament cash that is largest of the veteran poker player’s job up to now in which he also took home 336 Card Player Player of the Year points since the champion only at that occasion.

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 was Cashen’s fourth score that is POY-qualified of.

Martini Clinches 2019 Poker Masters $10,000 Big Bet Mix Title

Julien Martini is the top winner of this 12 months’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, whom beat out of the other five opponents that made it to the day that is final of action, has now made more than $4.5 million in real time poker event winnings over the course of his profession.

Runner-up Kahle Burns took home $109,200, while third-place finisher Jorryt van Hoof won $72,800. Stephen Chidwick, who started the table that is final about 65-percent of the total remaining chips, ended up getting rocked on the final day on the way to settling for the 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 did not 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 greatest five games for 12 in the hopes that we see some closer contests week:

Indianapolis Colts @ Houston Texans

Odds: Texans -3.5

The AFC South is wide heading that is open the final six months of the season. Indianapolis and Houston are tied for the record that is best within the division with the Tennessee Titans just one game straight back and the Jacksonville Jaguars simply two games right back. Just one of Indianapolis or Houston are able to pull in to sole possession of first invest this one. If recent history is any indication, the Colts might be the more likely team to win this 1 as Indy has won four of its last five versus the Texans.

Oakland Raiders @ Brand New York Jets

Odds: Raiders -3

Oakland has climbed back in to the AFC playoff image with three straight wins. Not only are the Raiders challenging for A wild Card spot, but also there competing for the best record in the AFC West. Derek Carr continues to perform at a level that is high now the Raiders end up in a new spot: as a road favorite. A bad as the Jets have appeared at times this year, they have been still coming off back-to-back victories 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

Odds: Patriots -6

It certainly wasn’t pretty, but the Patriots found a method to select up a 17-10 win over the Philadelphia Eagles to improve to 9-1. Now, New England returns home with Eagles fans hoping they can do them a favor and pick up another win throughout the NFC East rival Cowboys. The Patriots have outscored their opponents with a total of 179 points in 2010. Whilst the Cowboys are 6-4, they are still 0-3 against opponents that 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 a true number of key injuries to hold their own against New England. Now a victory is needed by them throughout the Seahawks to shut the space on Dallas atop their unit.

Green Bay Packers @ San Francisco 49ers

Odds: 49ers -3

Just as if the schedule for Week 12 wasn’t impressive sufficient currently, the NFL has booked a showdown between the teams that are top the NFC for Sunday Night Football. Jimmy Garoppolo led San Francisco to a comeback win over the Arizona Cardinals final week to improve to 9-1. Now the 49ers get another possibility to prove they are the most readily useful in the NFC when Aaron Rodgers and company visit Levi’s Stadium. In a game that could potentially figure out the top seed into the NFC, all eyes will be on the Packers vegas slot online cleopatra and 49ers if they clash on Sunday Night Football.

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