Monthly Archives: June 2015

WSOP Day 16: Daniel Alaei Takes Down Fifth WSOP Career Bracelet in $10K Omaha Split Hi Lo

Daniel Alaei may not be quite up to Phil Hellmuth‘s 14 WSOP championship bracelet standard yet, but he’s making headway. Alaei won his fifth World Series gold bracelet yesterday. Alaei was yesterday’s only winner on Wednesday, though, so he was able to bask in the glory of his $10K Omaha Hi/Lo Split victory all alone. […]

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French online gambling association begs for less tax, more betting options

France needs to radically overhaul its online gambling market, according to a new study by the association representing the country’s online operators.

The Association Française de Jeu en Ligne (AFJEL) has released a study of the first five years of France’s regulated online gambling market. The study credits the market with mostly achieving its primary objectives of keeping a lid on problem gambling behavior, ensuring funding for sports federations and the integrity of sporting events.

So much for the good. AFJEL spared no venom in castigating the country’s much-maligned taxation levels, which hits operators with a corporation tax of 33%, plus 9.3% of sports betting turnover and 2% of online poker cash game stakes. AFJEL can only dream that French operators were in the same boat as their UK counterparts, who have the gall to grouse about having to pay the UK’s new 15% tax on online gross gaming revenue.

AFJEL also criticized France’s limited repertoire of approved sports wagers, the lack of online casino approval and the fact that former state monopoly Pari-Mutuel Urbain continues to control 85% of online horseracing wagers.

American Pharoah’s Jockey Key to Horse Racing Success?

By Joe Favorito @JoeFav @TheDailyPayoff

American Pharoah captured the imagination of the sports world when Victor Espinoza rode the Bob Baffert-trained/Zayat Stable-owned three-year-old colt to rousing victories in the Kentucky Derby, Preakness and Belmont Stakes to become the first Triple Crown king since 1978 when Affirmed and jockey Steve Cauthen turned the “hat trick.”

American Pharoah became the 12th Triple Crown champion in history on Saturday, June 6, with his emphatic Belmont triumph, after 13-straight Derby/Preakness winners were thwarted in the third jewel at Belmont.

As the sun came up Sunday, the champion horse was getting ready to return to his stable down south, with the plans for what’s next still to be determined. There was a short victory lap of media, but the window of shots with horse in tow closed very fast, until the plans for when the American public, and the racing world, can double down on the horse once again. Saratoga this summer? The Breeders Cup?

In short, this is the problem horse racing has. The short window of excitement comes and it goes – ESPN’s radio host Colin Cowherd rammed this point home this week on his show – , and while The Jockey Club and some of the new leaders of horse racing are trying to extend the window and keep fans engaged, it competes with the likes of the NBA Finals, The Stanley Cup, baseball, and whatever else is right in front of us on screens and social media.

Springing onto the scene is a new face of racing, however, who can hopefully keep the heartbeat pumping.

Victor Espinoza, the telegenic, light-hearted, philanthropic-minded, storytelling jockey who rode the legendary horse to the Triple Crown dream can be that savior. While brands like “Wheels Up” and Monster Energy took the ride last Saturday at The Belmont, it was Espinoza who delivered the sponsor messages.

When Monster got eased out of some tight shots on NBC, Espinoza found a way to work the brand back into the conversation with some humorous and well-timed mentions. When the New York Mets needed a first pitch this week to celebrate the big race just outside Queens, Espinoza was on the mound. When talk shows, any talk show, wanted to talk about the race, he was there again, smiling and re-telling the tales to an audience that was interested and engaged, whether it was a morning show or Charley Rose.

For the longest time media types have tried to push the jockey story as the one the American public can successfully grab on to as the horse racing season unfolds. Many come from very diverse backgrounds, they are constantly on the go, they have to deal with very challenging health issues and a wide variety of personalities from trainers to owners, the taste the agony of defeat probably more than the thrill of victory, and their multi-ethnic backgrounds can appeal to a diverse audience.

Espinoza, with a winning pedigree and now a crowning success, is the great example of what can be done with an elite group. With the proper messaging they can deliver brand value, and they are the constantly visible billboard for traditional advertising with little limits. While they may not have huge amounts of downtime, for the right price their schedule is manageable, as they are treated like independent contractors, and their hardscrabble life, and the living in the fast lane on many days, can even appeal to a younger generation.

There has been some attempt at reality shows around jockeys in the past, which met with various degrees of success. Now with the implement of micro-cameras, digital technology and social media the access and the storytelling around jockeys can be even greater, and they themselves present the constant for racing when even the brightest and best horses come and go during their short racing periods.

Have jockeys become celebrities in the past? On occasion we got a Lafitte Pincay, a Julie Crone, a Ron Turcotte, an Eddie Arcaro, a Rosie Napravnik or a Gary Stevens, but for the most part the jockeys, especially the majority who are Latino, get lost in the mix. Maybe with the story and the engagement of Espinoza, that ability to cross over, something that matches the changing demo of the American population, may be changing, and with that change comes the rise of crossover stars that help the industry bridge the gap until fans cast their eyes back to the track.

It was a great weekend for racing, one that was extended by the rider of the legendary horse, an athlete who is becoming a brand on to himself, and someone who is maybe giving us a peek into a new breed of engaging and interesting personality, with a view from atop such majestic animals.

ODDS ON AMERICAN PHAROAH WINNING “GRAND SLAM”

By Frank Scandale @FScandale @TheDailyPayoff

 The dust hasn’t even settled at Belmont and odds makers in Vegas are setting the Triple Crown winner American Pharoah up for another big payday.

With American Pharoah becoming the 12th horse to ever win the coveted Triple Crown, Las Vegas oddsmaker William Hill announced the odds of the thoroughbred winning, OR losing the Breeder’s Cup Classic in October.

William Hill said it would be the first time a horse has won a “Grand Slam”  with a win at the Breeder’s, the richest horse race in North America.

William Hill Race & Sports Book has opened YES/NO Prop wagering on “Will American Pharoah win the 2015 Breeders’ Cup Classic” at Keeneland Race Course in Lexington, Kentucky.  The YES opened at 3/1 (+300) with the NO at 5/18 (-360).  In the event that American Pharoah does not race in the 2015 Breeders’ Cup Classic, “NO” is the winner.

In layman’s terms, At YES, 3/1 (Racing Odds) or +300 Sports Odds, a bettor who wagered $20 today would win $60 on October 31st  plus get their original $20 that they wagered back.

 On the NO bet, 5/18 (Racing Odds) or -360 Sports Odds, a bettor wagering $20 today would win $7.20 on October 31st plus get their original $20 that they wagered back.

The Sports Odds are typically written to represent a $100 wager.  +300 odds on a $100 wager equals a $300 win + $100 original wager returned.  -360 odds is what the better would need to wager to win $100.  So a bettor who wagered $360 on the NO would win $100 plus get his original $360 wagered back.

 However,  at William Hill in Nevada, the minimum sports wager is $2.

American Pharoah owner and New Jersey resident, Ahmed Zayat shared Monday on MSNBC’s Morning Joe Show that the Triple Crown winner’s next race would “probably” be the $1,000,000 William Hill Haskell Invitational on August 2 at Monmouth Park in Oceanport, New Jersey.  American Pharoah’s Trainer, Bob Baffert, has won the William Hill Haskell Invitational a record seven times, including last year with Bayern, who went on to win the Breeders’ Cup Classic.

As for whether American Pharoah will even run in the Breeders, a mile and a quarter race, Stephen Panus, vice president of America’s Best Racing, sees the fact that it is even a possibility as a boon to the sport.

Stephen Panus with son Jake, 11.

Stephen Panus with son Jake, 11.

“Just the fact that this Triple Crown champion race horse is pointed towards racing more through the 2015 toward the Breeders’ Cup is an amazing opportunity for the sport to welcome and embrace many new and soon-to-be racing fans who all now desire to get a glimpse of American Pharoah,” Panus said.”At the moment, the focus is some well-deserved R&R for this Triple Crown champion.”

Panus also sees the next race to be the Haskell in Monmouth Park, NJ, and perhaps Saratoga in late August for the midsummer derby, The Travers and/or The Jockey Cup Gold Cup at Belmont Park or Super Saturday at Santa Anita in late September to possibly be in play, before heading to Keeneland for the Breeders’ Cup Classic.  For now, it’s one race at a time.

“But we all hope and certainly have our fingers crossed that he will run at the Breeders’ Cup Classic, the richest horse race held on American soil with a purse of $5M, ” he said.

Horse racing ambassador and Churchill Downs host Joseph Kristufek puts his money on American Pharoah running in October, as well, noting with Shared Belief sidelined, he’s the best dirt horse in the world right now by far. Shared Belief was diagnosed with a hip fracture in April.

Agreeing the odds William Hill is quoting are fair, Kristufek is unwavering in his support for the champ.

Joseph Kristufek“When it comes to over racing, every horse is different,” he explained. “This horse is an absolute machine. He could probably run again tomorrow.”

NetEnt Signs First US deal with bwin and Borgata brands in New Jersey

Gambling software outfit NetEnt has signed the first US agreement for the provision of its multichannel casino games to New Jersey’s Borgata brands and bwin.party

As part of the deal, bwin will offer NetEnt games through the Borgata Casino, Borgata Poker, and PartyPoker brands.

NetEnt had applied for a temporary gaming license from the New Jersey Division of Gaming Enforcement (DGE) to provide its content in the state. DGE is reviewing the application and is expected to announce whether the online casino supplier will receive a full operating license.

“I am confident that we will be able to support Borgata and bwin.party in their ambitions to provide the very best experience to their players,” said NetEnt Americas Managing Director Björn Krantz.

GLI names gaming IT professional Steve Bonilla engineering development manager

Further deepening its commitment to client service and security, Gaming Laboratories International has named gaming industry IT professional Steve Bonilla as the company’s new Engineering Development Manager. Bonilla will act as a subject matter expert and as an advocate for clients, understanding their needs and pain points and best aligning each client with the services GLI can provide.

Bloomberry boss eyes international airport investment

Bloomberry Resorts Corp. CEO Enrique Razon Jr. said that he might invest in a new or existing international airport in Manila to boost the tourism in the country.

Razon also suggested that a new gateway would also benefit Bloomberry’s Solaire Resort and Casino, bolstering the number of tourists that visit the country especially the Philippine gaming zone Entertainment City.

“It really depends on what they are bidding out,” Razon told reporters during Bloomberry’s annual meeting. “We will definitely participate.”

“At this pace, the country is well on its way to become a major global player in the gaming industry,” Razon said in his message to shareholders. “The Philippines could enter the top four gaming destinations in the world in the not too distant future.”

Becky’s Affiliated: Nicolas Levi on HeroScore & Injecting Social Elements into Poker

Nicolas Levi is the Co-Founder of RankingHero and a former professional poker player with almost $2million in total winnings.  Since his poker playing days, Levi launched Ranking Hero, a “poker database made social” website, to revive and build camaraderie within the poker community.

Levi has recently revealed RankingHero’s latest feature, a new 3D ranking system he calls “HeroScore”.  In this interview, we discuss the innovation behind Levi’s rankings, its purpose within the poker community and how adding social elements to poker will help boost the industry’s ecosystem.

Becky Liggero: Thank you for joining me today, Nicolas.  Lets start by talking about this particular ranking that you’ve created because its different than a lot of the other rankings that are out there and available today.  Tell me why you decided to launch this and how it’s different?

Nicolas Levi: Yes, it’s a big challenge.  Its the first ranking that doesn’t try to rank just the results of players.  Ranking results itself is good but its always difficult because you don’t know the losses of the poker players, you just know the winnings.