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Louisiana gaming revenue up by 5 in June 2018

Gambling Insider
Louisiana gaming revenue up by 5 in June 2018
Last month, revenue at Louisiana’s gambling venues grew by 5% as revenue increases in Lake Charles and New Orleans casinos helped off-set a 15

Anthony Zinno Wins CPPT $5,000 Main Event at The Venetian after Hot WSOP Run

Casino News Daily
Anthony Zinno Wins CPPT $5,000 Main Event at The Venetian after Hot WSOP Run

Anthony Zinno, one of the notable members of global poker’s elite and one of the few three-time WPT Main Event winners, topped the field of another prestigious tournament after a nice run at the WSOP.

Zinno took part in another popular summer series annually taking place in Las Vegas and bested the field of the festival’s Main Event just a couple of days ago. The popular poker pro emerged victorious in The Venetian DeepStack Championship Poker Series CPPT $5,000 Main Event after surviving through five days of action and outlasting a field of 547 entries.

The tournament kicked off on Saturday, July 14, at The Venetian, one of the premium poker destinations across the Strip. The Main Event featured a guaranteed prize pool of $2 million. The guarantee was crashed due to the great interest in the tournament. An overall prize pool of $2,529,875 was thus created to be distributed to the top 63 finishers.

Aside from the champion’s trophy and all the accolades that a winner deserves, Zinno also collected the amount of $466,670. Including his latest live tournament cash, the poker pro now boasts a bankroll of over $8 million.

Zinno beat a stacked final table in the CPPT Main Event. The player faced the likes of former WSOP Main Event champ Martin Jacobson, popular high rollers Dan Shak and Stephen Chidwick, and former World Championship final tablists Bryan Piccioli and Jay Farber, among others. UK’s Ben Jones was Zinno’s heads-up opponent. The player eventually busted in second place for a consolation prize of $390,956.

Zinno said after his latest poker triumph that he could finally take a break from poker as he has been playing almost incessantly over the past several months.

Hot WSOP Streak

Zinno jumped into The Venetian Main Event action fresh from a nice run at the WSOP. The player finished in-the-money in 12 tournaments on the schedule of the world’s longest running poker series and made two final table appearances.

Zinno finished third in the $565 Pot-Limit Omaha 6-Handed for $57,300. He also scored a third-place finish in the $10,000 Limit Hold’em Championship for $129,186.

While the player failed to capture a WSOP gold bracelet this summer, he already knows very well what it feels like to claim the most coveted non-monetary prize in poker. He won his piece back in 2015 when he outlasted the elite field of the $25,000 Pot-Limit Omaha High Roller. That victory actually secured the popular poker pro with his largest-ever live cash of $1,122,196.

Zinno is one of just five players in the history of the World Poker Tour to have won three Main Event titles from the series’ Main Tour. He claimed his first title in 2013. It was followed by two more titles in 2015 to tie with Carlos Mortensen and Gus Hansen who were the only other three-time WPT title holders at the time.

The post Anthony Zinno Wins CPPT $5,000 Main Event at The Venetian after Hot WSOP Run appeared first on Casino News Daily.

Nagoya to get involved in IR conversation

Casino News – Focus Gaming News
Nagoya to get involved in IR conversation
Nagoya to get involved in IR conversation

Mayor Takashi Kawamyra said that he favours an IR bid for the city and said he believes “it would be a good thing for Nagoya to raise its hand.”

The post Nagoya to get involved in IR conversation appeared first on Focus Gaming News.

Golden Entertainment Incorporated to buy pair of southern Nevada casinos

World Casino News
Golden Entertainment Incorporated to buy pair of southern Nevada casinos

American casino operator, Golden Entertainment Incorporated, has announced the signing of a definitive agreement that is to see it purchase the Colorado Belle Hotel and Casino Resort along with the Edgewater Hotel and Casino Resort from smaller counterpart, Marnell Gaming. Golden Entertainment Incorporated used an official Monday press release to reveal that the final purchase price […]

Dedicated live bet on poker table in land-based casino

Gambling Insider
Dedicated live bet on poker table in land-based casino
Within the framework of the Vbet Russian Poker Tour, BetConstruct creates a unique experience for players by bringing the live casino from studio to Senator Casino in Tsaghkadzor, Armenia

Kangwon Land hiring scandal in South Korea nets two indictments

World Casino News
Kangwon Land hiring scandal in South Korea nets two indictments

A hiring scandal at South Korea’s only casino accessible to locals, Kangwon Land (pictured), has reportedly resulted in the indictment of two lawmakers from the nation’s conservative Liberty Korea Party. The indictments bring to a close an investigation by an independent probe team that lasted two and a half years. KBS World Radio, the official […]

Melco’s Cyprus Casino Welcomes 34,000 Unique Visitors During First Three Weeks

Casino News Daily
Melco’s Cyprus Casino Welcomes 34,000 Unique Visitors During First Three Weeks

Cyprus Casinos (C2), the first legal casino facility in the Republic of Cyprus, welcomed 34,000 individual guests during its first three weeks of operation, owner Melco International Development said in a statement from earlier today.

The venue opened doors June 28 in the city of Limassol. It will operate temporarily while Melco’s main integrated resort City of Dreams Mediterranean is under development. The €550-million property is expected to open doors in Limassol in 2021.

Cyprus Casinos or C2 currently features 242 slot machines and 33 gaming tables, a Salon Prive VIP gaming area, a restaurant, and two bars. The venue is operational 24/7 and admits patrons aged 21 or over.

Melco further revealed today that 6,000 customers have registered with the casino’s C2 Rewards Club loyalty program since it launched.

Commenting on the gambling venue’s performance during its first weeks of operation, Cyprus Casinos and City of Dreams Mediterranean President Craig Ballantyne said that visitor numbers have exceeded their expectations so far. The official further pointed out that customers from 41 different countries have come to play at the property. The majority of them were Cypriots, followed by patrons from Greece, Israel, Romania, Russia and the United Kingdom. Slots and American Roulette were the games that enjoyed the greatest popularity among casino visitors, Mr. Ballantyne added.

Heavy Competition

While Melco seems to be content with how its first property outside Asia has performed during its first days of operation, Mr. Ballantyne has previously said that the casino is forced to battle competition from Northern Cyprus where there is a well-developed casino industry represented by a number of established casino properties.

Talking to local news outlet Cyprus Mail, Mr. Ballantyne has also said that the multitude of illegal casino operations spread across the tiny Mediterranean nation could prove to be difficult to compete with. The official, known to be a casino industry veteran, has explained that the play field is somewhat uneven, particularly given the fact that Cyprus has very strict advertising limitations which prevent Melco from promoting its casino more actively.

Despite the above issues, Mr. Ballantyne said today that the accelerating attendance rate at the property is the result from a positive word of mouth and self-discovery.

The company has pointed out multiple times that it would look to combat seasonality and turn both its temporary casino and its main resort into an all-season destination. Seasonality has long been one of the main issues before Cyprus’ tourism industry.

Foreign visits to the island nation have been on the rise over the past several years, but summer months have traditionally remained the most popular time for visiting. The Cypriot government announced earlier this month that it would establish a special Junior Ministry of Tourism that would be assigned the task to reverse that long-standing trend.

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