Wednesday, December 2, 2015

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Pennsylvania Casino Revenue Falls For First Time Ever

Published on January 18, 2014 by April Gardner

Pennsylvania has had a pretty good run of luck since they opened their first casino back in 2006. The state has saw year after year increases in gaming revenue at the casinos for every year since 2006, until 2013.

Last year, Pennsylvania experienced their first revenue decline in history. The casinos are far from struggling, but after adding a few new casinos the previous year, the numbers dipped to $3.11 billion. That figure represented a decline of $44.4 million.

"It was going to be virtually impossible to keep up the pace from 2012," said Gaming Analyst Trevor Sams. "The competition is growing in the Northeast, and the Pennsylvania casinos experienced the loss of the excitement that came from new casinos in 2012. It was a perfect storm for a revenue decrease."

Pennsylvania still remained comfortably as the second largest gaming market in the US. The state took that distinction away from New Jersey several years ago, and has yet to relinquish the title. Nevada is the only state that currently brings in more gaming revenue from their casinos than Pennsylvania.

The biggest competition moving forward for Pennsylvania appears to be New York and Massachusetts. The latter has already authorized new casinos, while New York, one of the most populated places in the world, is expected to add new gaming options in 2014.

New Jersey is also expected to rebound from the slump that has occurred since the 2008 economic recession. New Jersey is fighting federally to add sports books at their Atlantic City casinos, and the state has already added online casinos to its repertoire late in 2012.

"It is going to be interesting to watch the gaming market on the East Coast unfold over the next several years," said Sams. "Not only are the Northeast states getting involved, but if Florida lawmakers decide to alter their laws, that could create the biggest competition for Pennsylvania over the next decade."


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Tuesday, December 1, 2015

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Eureka5 Hamburg Day 1D: Alon Lang tops final flight

Day 1D of the Eureka5 Hamburg Main Event was a sell out (as expected), today meaning the total number of players for this event came to 581. This is the first time Eureka has visited Germany and it has proved very popular with the host country, as 76.2% of the field are German.

All four starting flights are now in the bag meaning all remaining players will, for the first time, join together for Day 2 tomorrow. They'll be 173 of them after 64 made it through today after 12 45-minute levels. They'll be no more split fields and no more 45-minute levels either as the structure moves to 60-minute levels from here on in.

Eureka5_Hamburg_Alon Lang.jpg

Chip leader Alon Lang (left)

Alon Lang ended today as chip leader with 286,200. Other players who made it through, include: Steven Rohr (199,800), Tom Holke (173,400), Niklas Warlich (133,500), Timo Schneider (120,300), Jonas Lauck (102,900), Ismail Kalkan (73,900), Jan Heitmann (39,000)
Sebastian Kolsberger (31,600).

The top ten counts heading into Day 2 are:

NameCountryStatusChips
Marco NollGermany 305,200
Patrick RenkersNetherlandsPokerStars qualifier300,200
Amir Pahlawani SarughiehGermany 298,400
Alon LangGermanyPokerStars qualifier286,200
Nils MallonGermanyPokerStars qualifier254,000
Kadir UzunogluTurkey 253,100
Markus WirtGermanyPokerStars qualifier218,700
Imad FakhroGermany 206,600
Steven RohrGermanyPokerStars player199,800
Anton MorgensternGermany 178,000

Click here for the full list. The Day 2 seat draw can be found here.

Dzmitry Urbanovich took his seat late and left his seat early after he busted to the old one-outer in the penultimate level of the day. Pokerstars qualifier Martynas Kukuciomis was all in with 6♠6♦ and up against two larger stacked opponents in Urbanovich (pocket aces) and Robert Leszczynski (Q♠Q♣). The flop came down Q♥8♣7♣ and they built a side pot that meant Urbanovich was all in too.

Eureka5_Hamburg_Dzmitry Urbanovich.jpg

Urbanovich finding out what it's like to run bad

The board ran out 5♥2♦ before Kukuciomis and Urbanovich made their exit. As Leszczynski organised his 140,000-stack his neighbour, John Frost, told him he folded ace-queen, meaning the flopped queen was the case queen. "Wow, looks like I've already had my one time!" responded Leszczynski.

Ole Schemion lasted longer than his fellow starlet but busted in the last level of the night. He doubled up (5♠5♣ beating Umberto Vitagliano's A♠Q♣ all in preflop) while in the big blind but busted the very next hand. PokerStars qualifier Jeasper Meijer vab Putten raised to 4,500 from the hijack before Schemoion three-bet all in for 41,100 with K♦9♦. The Dutchman called and survived the 6♦6♥4♠4♣J♥ board.

Eureka5_Hamburg_Ole Schemion2.jpg

Schemion started well but busted late on

Friend of PokerStars Natalie Hof also busted, and on the last hand of the night. She had nine big blinds left when she moved all in with queen-ten. An opponent called with ace-ten and Hof failed to catch up.

Yesterday's High Roller runner up, Timo Schneider, has had one of the bigger stacks for a lot of today but lost some back to David Lappin after a failed bluff attempt. Three players checked a K♦6♥6♦ flop before Schneider (SB) led out for 3,400 on the Q♣ turn. Lappin (CO) was the only caller to the 7♣ river where he snapped off another 8,700 with king-queen beating out Schneider's A♦2♦. He finished strong on 120,600 though, whereas Lappin got through with 69,000.

Eureka5_Hamburg_Timo Schneider_1D.jpg

Timo Schneider looking to make another deep run

Day 2 starts at 1pm CET tomorrow where eight one-hour levels are scheduled before everyone heads off to the player party at the Gubba restaurant just down the road.



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FBI Investigation of Fantasy Sports May Freeze Player Cash

FBISealOn April 15, 2011, thousands of Americans who played online poker woke to find three popular websites shut down by the FBI and millions of dollars in players’ accounts frozen.

The online poker industry survived its “Black Friday,” as the day became known, as the Obama administration declared online gaming legal later that year in states that approved it. But the aftermath should serve as a looming worst-case scenario to the millions of Americans who play daily fantasy sports, legal experts say, as many of those players who had money saved in online poker accounts had to wait years before they got it back.

There are a number of possible outcomes for the growing list of investigations into daily fantasy companies being mounted by federal and local law enforcement agencies across the country. These inquiries could conclude – as DraftKings and FanDuel officials adamantly maintain – that daily fantasy is legal, and that a DraftKings employee implicated in allegations of “insider trading” did nothing wrong and gained no competitive advantage.

But if a prosecutor in New York, Florida, Massachusetts, Nevada or elsewhere decides he or she has a winnable case involving daily fantasy companies, players who continue to leave large sums in online accounts risk not being able to access that cash for a while.

More at Washington Post

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PokerNews Podcast Episode #340: Run it Up Reno Recap
^

The gang wraps up Run It Up Reno by talking roulette strategy and manicures and pedicures, then Jason Somerville joins the program to close up shop. 


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Monday, November 30, 2015

Sammy Huang holds all the aces in Canberra
^

It was a long weekend in Australia and what better way to celebrate the birthday of Her Majesty than with a friendly game of poker. It's a game designed for royalty, as kings and queens were tossed around the felt with effortless precision this afternoon. Fifteen loyal servants came together, but they dropped away one-by-one until only one man remained. That man is Sammy Huang and he is now the King of Canberra!

sammy_huang_ft2_anzpt_canberra.jpg

As many kings and queens that we saw on the felt of the Casino Canberra today, it was the unnerving number of aces that ended up in the hands of Sammy Huang that ultimately was the story of the day. Flying the flag for the Canberra locals, Huang was a dominant force on a tough final table through a combination of aggressive play and plenty of those wicked aces! His win was well-deserved and it's great to see the ANZPT Canberra trophy staying in home territory.

We started out this afternoon with Germany's Khiem Nguyen leading the way with all eyes on the short stacks to see who would fall first. Naz Sabaei and Mario Ljubicic were quick to go, before young gun Jarred Graham made a surprisingly rapid fall from grace. Graham was unlucky when his ace-king was outdrawn by the ace-jack of Takahiro Morooka and never recovered. Morooka couldn't make the most of his chips after a ruling technicality went against him to see him next to the cashier. Brett Chalhoub was equally unlucky and when David Gorr was eliminated with a king-high flush against Khiem Nguyen's full house, our final table line up was set within 70 minutes of play.

anzpt_canberra_final_table.jpg

Khiem Nguyen maintained the chip lead and was always a dangerous force on the final table. James Broom entered as the short stack but was relentless in his attack as he endured a rollercoaster ride that would give the weak heart palpitations. Broom had to come from behind on several all-in clashes including surviving with king-ten against Andrew Watson's ace-queen, and then king-queen against George Graziani's dominant ace-queen.

george_graziani_ft_anzpt_canberra.jpg

It was the latter hand that left Graziani crippled and led to our first elimination of the final table. Graziani was all in with [ac][6h] against Tristan Bain's [qh][qc] and Tony Kambouroglou's [kh][kc] with the Toothpick taking the pot to land an early double knockout blow.

final_table7_anzpt_canberra.jpg

Andrew Watson lost a race with [ah][qc] against Khiem Nguyen's pocket sevens to be eliminated in seventh place, before a card-dead Luke Edwards couldn't survive with [qc][jd] against Leigh Warne's [ks][5c] to depart in sixth.

While the number of players were quickly decreasing, Sammy Huang's stack was just getting bigger and bigger, as his overbetting style was playing havoc with the small ball approach of Khiem Nguyen and James Broom. Huang picking up pocket aces with some regularity was also helping the cause, as Nguyen was showing visible signs of frustration.

Leigh Warne was next to go went Toothpick Tony woke up with another big pair when his [qs][qh] proved too strong for Warne's [ah][qc] to leave us four-handed.

Huang was the big stack and Broom was still nursing the short stack as a tight four-way battle ensued. The shorties were forced to move all in on multiple occasions, but they couldn't find any callers as the status quo remained for over an hour. Something had to give.

As the blinds ticked over, it was Germany's Khiem Nguyen who finally cracked when he three-bet shoved with [4s][4d] but Sammy Huang woke up with his favourite hand, [as][ac] and made an easy call. Nguyen couldn't find a four as his impressive tournament was halted in fourth place.

khiem_nguyen_ft_anzpt_canberra.jpg

James Broom found some swagger when play reached three-handed with his nemesis in Nguyen now on the rails. Broom opened up his game and caught Toothpick Tony red-handed when he squeezed over the top of a raise and call. Broom tabled [ad][8d] as Toothpick sheepishly showed [5d][4c]. The board ran out [9d][td][ks][jh][tc] to eliminate Toothpick in third place as we entered heads-up play with the title on the line.

James Broom had a two-to-one chip disadvantage against Sammy Huang and despite a quirky Canberra heads-up rule that has the blinds in reverse to normal, Broom was confident in his heads-up game. However he forgot that Huang held all the aces!

After a preflop raise, and bet on the flop, Huang overbet shoved all in on the turn on a [jh][9d][qh][7d] board. Broom deliberated for some time before making the call with [qd][5d] for top pair and flush draw, but Huang once again opened [as][ah]. Broom was looking for a queen, five or diamond but it wasn't to be as the [7s] bricked the board to eliminate him in second place and crown Sammy Huang as our ANZPT Canberra champion!

james_broom_sammy_huang_ft_anzpt_canberra.jpg

The Canberra local qualified for this event through one of the $22+R 3xTurbo online satellites on PokerStars for the investment of just $42. He's now turned that into a whopping $73,700 in prize money!

Congratulations to Sammy on a wonderful achievement which is sure to create a buzz for poker in our nation's capital.

sammy_huang_wins_anzpt_canberra.jpg

PokerStars.net ANZPT Canberra Main Event results

1st Sammy Huang (Australia) (PokerStars Qualifier) - $73,700
2nd James Broom (Australia) - $46,900
3rd Tony Kambouroglou (Australia) - $27,470
4th Khiem Nguyen (Germany) - $22,780
5th Leigh Warne (Australia) - $18,760
6th Luke Edwards (Australia) (PokerStars Qualifier) - $15,410
7th Andrew Watson (Australia) (PokerStars Player) - $12,730
8th Tristan Bain (Australia) - $10,050
9th George Graziani (Australia) - $8,040
----
10th David Gorr (Australia) - $6,030
11th Brett Chalhoub (Australia) (PokerStars Qualifier) - $6,030
12th Takahiro Morooka (Australia) (PokerStars Qualifier) - $6,030
13th Jarred Graham (Australia) - $4,690
14th Mario Ljubicic (Australia) - $4,690
15th Naz Sibaei (Australia) - $4,690


So now it's time to pack up and head home (subject to volcanic ash) following a fantastic long weekend in Canberra. We've really enjoyed our time here and the poker room seem to really embrace the ANZPT which is fantastic. Many thanks to the tournament staff, dealers and the hospitality crew at the Casino Canberra for making us feel welcome and a part of the team.

Also many thanks to Cole Bennetts for his superb final table photography.

That's all we have for you from Canberra. If you're craving more tournament action, you might have heard of a wee tournament happening in Las Vegas at the moment. They call it the World Series of Poker. Stick to the PokerStars Blog for all the latest news and updates from there.

On the local scene, we have a six-week break before we head to Melbourne's Crown Casino for the first event of Season 5 of the PokerStars.net Asia Pacific Poker Tour. The APPT Melbourne will be a spectacular event with the Main Event running from July 29th until August 1st with online satellites running now on PokerStars.

Thanks for following our coverage at home and we look forward to seeing you in Melbourne. Until then, so long from Canberra!

parliament_house_anzpt_canberra.jpg


















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