Monthly Archives: August 2015

Jason Somerville Inks Deal With DraftKings

Jason Somerville has inked a deal with DraftKings. The Team PokerStars Pro will promote the Daily Fantasy Sports kingpins to his legions of Run It Up fans on Twitch.

Do you want to know the secret to success?

It’s hard work.

I know it’s more complex than that. I know there are a variety of strategies that culminate in excellence. But the beating heart of every successful person has their aorta deeply rooted in hard work, and nobody keeps their nose closer to the grindstone than Jason Somerville.

Sands China Upgraded at Zacks

According to Zacks, “Sands China Ltd. operates as a developer, owner and operator of integrated resorts and casinos in Macau and is a subsidiary of Las Vegas Sands Corp. The Company’s assets include The Venetian Macao, The Sands Macao and The Plaza Macau. It also provides human resources administration, travel and tourism agency, mall management, ferry transportation and leasing services, procurement, marketing and administrative services.

Massachusetts AG urges state to deny permit to Wynn Resorts

Wynn Resorts faces another hurdle as Massachusetts Attorney General Maura Healey has urged state environmental officials to deny a permit for Wynn’s $1.7b casino project at the Everett waterfront.

Healey sent a 15-page letter to Energy and Environmental Affairs Secretary Matthew Beaton on Friday, stating that Wynn should not get a permit until it provides a “long-term traffic solution” to address the projected traffic that will impact the surrounding areas once the its casino-resort is launched.

“If the casino is built without a long term plan in place for Rutherford Avenue and Sullivan Square, we simply may never solve the traffic problem,” said Healey. “This dangerous and congested set of roadways may be unfamiliar to many state residents, but it serves as a major regional transit hub and access point.”

Wynn needs the state certificate to break ground on the project, which would be Massachusetts’ largest casino project and one of the largest private developments in the state when it opens in 2018. Wynn has allotted more than $300m for transportation and road infrastructure improvements with Massachusetts Bay Transportation Authority (MBTA).

Macau Legend in line with gaming downward trend in Macau

Macau Legend boss David Chow said that his company is in line with the gaming downward trend across Macau.

Macau Legend Development Limited reported its financial results for the first six month of the fiscal year ending June 30. Total revenue decrease 23.9% year on year to HKD698.2 million, with HK$128.4 million adjusted EBITDA for H1 2015, a 70.4% dropped from H1 2014.

Macau-based casino and hotel operator Macau Legend also saw an interim loss of HKD68.44 million ($8.77m), compared to a profit of HK$226.37 million it earned over the same period a year ago, due to plunge in gaming revenue.

Gaming revenue decrease by 31.3% to HKD449.9 million, attributable to 61.9% plunge in gaming tables’ total gross gaming revenue to HKD1.88 billion but compensated by a positive contribution of the company’s self-run VIP operation New Legend, which contributed HKD109.7 million in H1 2015. Macau Legend operates a total of 150 gaming tables at Pharaoh’s Palace Casino in the Landmark Macau and Babylon Casino in Macau Fisherman’s Wharf.

Pinnacle Entertainment Rating Lowered to Hold at Zacks

According to Zacks, “Pinnacle Entertainment is a diversified gaming company that owns and operates casinos in Indiana, Louisiana, Mississippi, Nevada and Argentina and is pursuing the development of a hotel and casino resort in Lake Charles, Louisiana. The Company also receives lease income from two card club casinos, both in the Los Angeles metropolitan area.

Messages of Condolence Flood in Following Chad Batista’s Death

The online poker industry received a sad piece of news this week after it emerged that Chad Batista, known online as ‘lilholdem954’, had passed away at just 35. Back in the golden era for online poker, Batista was one of the players who would entertain the rail with his aggressive brand of poker. Not afraid to […]

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