Monthly Archives: November 2020

Bert Stevens wins second EPT Event to make early history

After winning the EPT Online Event #8 for $87,984, Bert Stevens has become the first player to win two EPT Online events in history after triumphing in Event #15 too.

Just a couple of days ago, Stevens, also known by his online name ‘girafganger7’, took down the $2,100-entry Event #8, which took place in no limit hold’em, and while Event #15 was also no limit hold’em, it was quite different. First of all, it cost $10,300, which turns it from a high roller ticket event to a super high roller in online poker terms. Secondly, the prize for winning it – apart from the honour of becoming the first player to win two EPT Online titles – was more than double its predecessor, totalling $186,238.

The standard at the final table was as high as you might expect from a five-figure buy-in event, with all the action coming thick and fast in the Turbo and 6-Max format.

Vyacheslav Buldygin is a name that is well known among the high roller set, but the Russian busted first at the final table, earning $32,882 when he crashed out in 7th place. That min-cash, worth “three stacks of high society” as Mike McDermott might have called it, was followed in the payouts by the $43,901 that British player Conor Beresford won by coming 6th.

Seven Poker Quotes from Old School Legends to Inspire You

Monday morning is tough for some, but if you can rise above the hardship of another week at work, then there will soon be time for poker.

If that’s the case and you have enjoyed our seven quotes from modern poker legends, then you might fancy taking it old school to inspire your session at the felt.

Let’s take it right back and start with the ‘Godfather of Poker’. 

“A man with money is no match against a man on a mission.” – Doyle Brunson

Tips for the ambiguous future of iGaming from Dr. Samuel H. Liggero

The gambling industry always needs leadership that’s looking ahead, and that’s never truer than in 2020, as we try to find a way forward during the Covid-19 pandemic. At iGaming NEXT ONLINE: Adventure of Change, Dr. Samuel H. Liggero, Professor at the Tufts Gordon Institute, delivered his tips on how to be a leader in a time of ambiguity.

Dr. Liggero began by describing exactly what it is that his institution does. “Our goal at Tufts Gordon Institute is to inspire and create a worldwide community of transformative leaders with heart, and technology driven industries, just like the iGaming industry,” he said. “Transformative means high-impact step changes to your business, or more broadly, to society. Leaders with heart are those who inspire, who persuade, and lead others with deep empathy and compassion for all. And when I say inspire and create, this means one’s leadership is characterized by incisive curiosity, a bias to action and an eagerness to experiment and take measured risks.”

There are three important traits Dr. Liggero expects a leader to have. “They are technical acumen, business acumen, and emotional intelligence,” he said.

The first part can be helped by understanding the technology that we work with, and that will be relevant soon, but a Leader shouldn’t have to do everything. Instead, they should “surround themselves, or have access to, technology subject matter experts.” Dr. Liggero emphasized why this is so important:

Aussie Millions Postponed and May Not Return in 2021

The 2021 Aussie Millions has been postponed indefinitely due to ongoing uncertainty regarding COVID-19 restrictions in Australia and the world at large.

The Aussie Millions won’t take place in January and, potentially, it might not happen at all in 2021. (Image: Daily Mirror)

Host venue, Melbourne’s Crown Casino, made the new public via an announcement on its website. Citing safety concerns, the organizers haven’t set a date for when the popular tournament will return but they have said they’ll formulate a plan when it’s “safe” to do so.

The postponement comes just days after Crown Casino was given the greenlight to reopen in a limit capacity after being asked to close by the local government in March.

PokerStars Ambassador Fintan Hand Leads EPT Online Main Event

PokerStars inaugural online European Poker Tour (EPT) continues to impress and, after nine days of action, the main event is underway.

PokerStars Ambassador Fintan Hand leads the EPT Online main event after an opening day of action. (Image: PokerStars/YouTube)

Don Johan, Mysters_Y, Ssick_OnE, and Fish2013 have all emerged victorious in recent days. However, with the promise of a $5 million guarantee, all eyes are now fixed on the $5,200 EPT Online main event.

Day 1 took place on Sunday. Registration remains open until the start of Day 2 and players can re-enter twice before the proverbial doors close. However, even before that happens, more than 1,100 buy-ins have been collected.

Tri-Nations Rugby round 4 tips & preview

Argentina plays their second match of the Tri-Nations Championship as they line-up against the Wallabies at Bankwest Stadium in Sydney.

Los Pumas shocked the rugby world, defeating the All-Blacks for the first time in their history 25-15 in their opening match of the Tri-Nations. Argentina will be confident of causing a similar upset against the Wallabies at the same venue.

The historic win will see the All Blacks sink to third on the world rankings and allows Australia to claim the Tri-Nations trophy.

Australia last won the title in 2011, beating the All Blacks in Brisbane before the 2011 World Cup. Australia needs to beat Argentina over their last two matches to claim the title. The home side have lost only twice to Argentina at home in 16 games, in 1983 and most recently in 2018.

The Long Con: Rasmus Sojmark sees opportunities in the online events

The CEO and Founder of SBC Gaming, Ramus Sojmark has made a name for himself bringing the news to the industry masses. Sojmark is the man responsible for putting together the name events in the industry. The events master sat down with Becky Liggero Fontana in this week’s episode of the Long Con to share his insights.

Sojmark points out that the success of a good event will ultimately come down to the value it brings to the industry. Sojmark found that especially challenging in the first half of 2020. “It’s a lot of quick-shifting and learning on the go and trying to create something everyone appreciates and find useful.”

https://www.youtube.com/watch?v=kHBysG0pu14&feature=youtu.beVideo can’t be loaded because JavaScript is disabled: The Long Con: Rasmus Sojmark sees opportunities in the online events (https://www.youtube.com/watch?v=kHBysG0pu14&feature=youtu.be)

The pandemic conditions meant that Sojmark and his team were quickly forced to adapt event formats to suit the digital space. Sojmark points out that the basic guidelines for evaluating the value of the event space remain the same online:

Michigan casinos to get an involuntary break as COVID-19 cases rise

When Michigan began to test whether or not COVID-19 was under control in the state this past summer, it gave the three commercial casinos in Detroit the green light to relaunch. Having been shut down since the middle of March, they were anxious to get things going, but the strict capacity limit of just 15% put a damper on their excitement. The result was a year-on-year drop in revenue, yet they still managed to pull down in September about 80% of what they saw a year earlier. Those gains are now going to be offset after Michigan Governor Gretchen Whitmer ordered new COVID-19 lockdown measures as the state begins to see a new climb in the number of positive cases. 

As of this Wednesday, the casinos will need to close their doors for three weeks. There are now a total of 251,813 coronavirus cases in the state, of which 98,000 have been reported since October 15. Whitmer said when she announced the new order, If we don’t act now, thousands more will die, and our hospitals will continue to be overwhelmed. We can get through this together by listening to health experts once again and taking action right now to slow the spread of this deadly virus.”

As a result, it’s possible that the Greektown, MGM Grand Detroit and MotorCity casinos will be forced to let at least some of their staff go, but no one is commenting on the possibilities yet. Other states have had to take precautionary measures in order to stem the return of COVID-19 and many casinos have reduced their hours, but Michigan becomes the first to order a complete shutdown. The measure covers not only casinos, but theaters, night clubs, bowling alleys and any other facility that might be prime spots for indoor social gatherings and, as a result, the spread of the coronavirus. One of the few exceptions will be dining, with restaurants given approval to continue outdoor operations. 

Michigan Department of Health and Human Services (MDHHS) Director Robert Gordon explains, “Indoor gatherings are the greatest source of spread, and sharply limiting them is our focus. The order is targeted and temporary, but a terrible loss of life will be forever unless we act. By coming together today, we can save thousands of lives.”

India makes hundreds of gambling arrests over Diwali weekend

Indian authorities were worried about illegal gambling gatherings over the Diwali weekend, and it appears their fears were well founded. Over 100 arrests were made during the holiday, while one town attacked a journalist for fear that they would reveal their own gambling activity.

In Kamareddy, 109 were arrested on November 14, the night of Diwali. Rs 6,49,180 ($8,713) was seized from several card games, with Rs 1,06,710 ($1,432) seized from one house alone.

Seperately in Dharwad, another 18 gambling dens were raided, resulting in 65 arrests. That set of raids resulted in RS 49 lakh ($65 thousand) being seized. Among the arrested were political leaders, businessmen and hoteliers.

The district SP of the Dharwad Rural police had warned card clubs not to offer services during the Diwali period. That warning didn’t make it to some policemen, as four constables were found in one of the dens.

GiG brings gaming ops to Latvia’s SIA Admirāļu Klubs

Gaming Innovation Group (GiG) is getting a boost in Latvia. The gaming company just announced that it has signed an agreement with Sia Admirāļu Klubs in the country to provide its gaming platform, sportsbook and front-end development content to the casino operator as it expands to the iGaming segment. The deal is reportedly good for three years and will officially be in place sometime next year. 

GiG has been actively looking at how to capture a larger market segment in various countries, including Latvia. It inked a deal with Mr Green, through its SIA Mr Green Latvia arm, last December and continues to explore new options in the country, as well as across the globe. The newest agreement follows a return of Latvia’s online gambling operations after they were questionably suspended earlier this year because of COVID-19. Given that online gambling is the only alternative that can still provide revenue during a pandemic-inspired shutdown of gaming operations, the move was seen as more than just a little irrational. As was to be expected, the online segment lost around 45% of its gains over the year prior, which severely hurt Latvia’s tax revenue. 

Now that the country is coming out of the lockdown, though, GiG and Admirāļu Klubs are ready to turn up the heat. GiG CEO Richard Brown asserts, “GiG is very pleased to be supporting SIA Admirāļu Klubs entrance into the online gambling space for both Casino and Sportsbook. They have a large & successful retail network across the Baltics, and provide some of the highest quality retail gambling arcades in Latvia. Online gambling has a high growth in the market and we are excited to expand further our reach there.”

Admirāļu Klubs has a number of gambling venues spread out across Latvia, which will facilitate GiG’s brand recognition as the operator develops its online market. With gamblers feeling oppressed by the government’s unusual online gaming ban, they’re ready to get into the action as quickly as possible, and having more options to choose from will help the market recover. Admirāļu Klubs is ready to capitalize on GiG’s industry position and a spokesperson for the casino operator states, “Gaming Innovation Group is well established throughout the iGaming industry as a reliable and trustful technology partner with a history of success working with land-based operators like ourselves. We are pleased to have them supporting our digital transformation and online player acquisition strategy as we expand our operations through the regulated Latvian online casino and sports betting market.”

Leaving Las Vegas is the theme for fight promoter Top Rank Boxing

Las Vegas has had its share of issues over the years, but it just got hit with a powerful left hook from Top Rank Boxing. The fight promoting company’s founder and CEO, Bob Arum, jumped off the top rope this weekend, slamming the Nevada State Athletic Commission (NSAC) for not doing its job. As a result, Arum is reportedly fed up with the way things are going in Vegas and is ready to take his fights elsewhere.

This past Saturday, there was a WBA bout between flyweight champion Joshua Franco and Andrew Moloney, and the result had a lot of people scratching their heads. The fight was called a no-contest after just two rounds when Franco’s right eye swelled shut and the ref, Russell Mora, stopped the match. The decision was marred in controversy from its announcement, both for the ref’s accusation of how the boxer was left partially and temporarily blind, and with the NSAC for not stepping in.

The ref had asserted that Mora took an illegal head-butt from Moloney in the first round of the match. A ringside doctor backed up the belief that the injury was severe enough to stop the fight, which prevented Moloney from reclaiming the title he lost to Franco this past summer. When the reason for the injury was given, few were happy and Arum tried to plead his case with the NSAC’s executive director, Bob Bennett. However, his words had about as much impact as a toddler hitting Mike Tyson in the gut.

A number of sports outlets covered the action and were quick to show the match in slo-mo replays. At no point can Moloney be seen head-butting – accidentally or otherwise – Franco. The only contact that came close to the eye was a fair jab that landed on its target, but neither the ref nor the NSAC would listen to reason. Arum went so far as to accuse the NSAC of reacting only to protect the ref’s reputation and, when asked what he plans on doing now, Arum told reporter Sean Zittel that he was considering abandoning Vegas, but with more colorful language.

SkyCity is undergoing a massive housecleaning at the top

After taking the reigns of SkyCity Entertainment Group three years ago, CEO Graeme Stephens is ready to move on. The announcement has thrown the casino industry for a loop, with no one expecting his sudden departure. Stephens will only remain on board until the end of November, and a couple of other high-ranking executives are set to leave, as well. These two, Chief Financial Officer Rob Hamilton and Chief Marketing Officer Liza McNally, won’t be leaving so abruptly, though, and will help with the transition for the next couple of months.

Stephens came over to SkyCity from Sun International, where he served as the CEO of the company for almost six years. His departure follows the casino operator’s revenue improvements following the COVID-19 debacle and just as the company is starting to recover. The company’s three venues in New Zealand were shut down this past March because of the coronavirus pandemic, and executives were forced to make a number of changes to fend off massive losses. However, despite all their efforts, there have still been financial issues, as well as a potential power struggle at the highest levels.

Stephens’ mad dash for the exit door might not have been predicted by industry analysts, but there were possibly some indications of impending changes. Last week, Rob Campbell, SkyCity’s chairman, stated that the company needed to shake things up, calling for a “revolution” of sorts that would generate more attention on “shareholder interests” and less on “excessive” pay given to executives. 

While not getting into the specifics regarding the departures, Campbell simply thanked Stephens for his time and stated on a conference call today, “On behalf of the SkyCity board, I acknowledge and thank Graeme for his leadership of the company since his appointment as chief executive officer in May 2017, in particular following the significant fire that broke out at the New Zealand International Convention Centre site in October 2019 and in managing the company’s response to a challenging business environment impacted by Covid-19.”

Suncity choses local development firm to build Manila casino resort

Suncity Group Holdings is excited and anxious to get its next pet project in the Philippines underway. It is going to build a new casino resort in the Westside City Project in Manila and its lock on a 45-year contract to operate the property gives it a huge boost of security. Suncity regularly keeps the industry abreast of what’s going on with the progress for the resort, and has just given its latest. It now knows who will be managing the construction and development of the site, having chosen Megawide Construction Corp. to lead the way.

Megawide made two agreements for the project, according to a Suncity filing (pdf) with the Hong Kong Stock Exchange. The first will see the construction giant be in charge of the construction of the basement, podium and tower of the resort’s main hotel and casino and is worth around $83.19 million (HK$644.9 million). The second will cover excavation, pile cap, which forms part of a deep foundation and is often used when the ground under the construction site is soft, and lateral support construction. This agreement is worth $47 million (HK$364.3 million), bringing the total benefit to Megawide to around $130 million (HK$1 billion).

Megawide is set to get a huge chunk of change this holiday season. Suncity subsidiary SunTrust Home Developers, which will own the resort, will pay the construction company 25% of the first agreement and 28% of the second before the end of the year, for a total of almost $34 million to be delivered before December 31. The remainder will be paid over time, as different milestones of the construction are completed.

SunTrust is teamed up with Megaworld Corporation for the new resort project through an additional layer, Fortune Noble. Megaworld owns 43.5% of SunTrust, while Suncity controls 51%, while the remaining 5.5% is owned by Aurora Securities. It’s not difficult to imagine that Megaworld played a part in securing the contract with Megawide, since the two have worked on several projects (pdf) together in the past and the two have been intrinsically mixed in several ways.

Genting Singapore returns to profit in Q3 2020 and bets on staycations

Genting Singapore has returned to profit, announcing SG$54.4 million ($40.4 million) Q3 2020. That’s a big improvement on their Q2 loss of SG$163.3 million (U.S.$121.2 million), but still down year over year.

Covid-19 travel restrictions continued to cut off travel to the casino, seeing the resort down 66% year-on-year. But anything had to be an improvement over Q2, which saw a suspension of operations.

That doesn’t make year-over year drops any less pretty. Revenues as a whole were down 50% to SG$301.0 million ($223.3 million), with non-gaming revenues taking the huge drop of 74%, from SG$234,607 million ($174.4 million) to SG$59.9 million ($44.4 million). Gaming revenue was also down by 41% to SG$212.9 million ($158.0 million).

Adjusted EBITDA (Earnings before interest, taxes, depreciation, and amortization) in Q3 fell 46% from 2019 to SG$149.0 million ($110.5 million), but improving from the Q2 loss of SG$84.9 million ($63.0 million) in Q2.

State of Origin Game Three tips & preview

Queensland will put everything on the line in the final State of Origin Match of 2020. The Maroons will face a confident New South Wales (NSW) side at their spiritual home, Suncorp Stadium, with the series locked at one game apiece.

NSW will enter the match as favourites after comprehensively outplaying the Maroons in Game Two of the series, recording an impressive 34-10 victory. Queensland will be quietly confident of overturning the result, with playmaker Cameron Munster named to take the field.

Despite the one-sided result in Sydney, NSW will be nervous heading into Game Three in Brisbane. NSW have lost the last seven Origin deciders before their 2019 series win and prior to that last won a decider in Brisbane in 2005. Historically the numbers sit in Queensland’s favour, as the team that claimed the opening game has gone onto win the series 28 times in the last 38 years.

New South Wales coach Brad Fittler has resisted the urge to include Melbourne Storm Churchill medallist Ryan Papenhuyzen and instead named an unchanged side.

Buccaneers, Patriots show their stuff in Week 10 Sunday action

First, the good news. There is still plenty of football left in the season and, with the NBA season beginning on December 22, sports fans are going to have a lot of action coming up. The bad news, though, is that we’re already more than halfway through the 2020 NFL season, which means the countdown to the end is running. Teams are running out of time if they plan on making an appearance in the playoffs, and yesterday’s slate of games may have given a preview of what to expect. 

The Tennessee Titans were forced to take a loss yesterday after they couldn’t get anywhere against the Indianapolis Colts. The two teams swapped places on top of the AFC South as a result of the 34-17 game after Colts quarterback Philip Rivers threw for 308 yards and a touchdown, while the Titans were falling apart. Both teams are now 6-3 after the Titans logged their third loss in four games. Neither team has it easy in Week 11, as the Colts are set to play the Green Bay Packers and the Titans take on the Baltimore Ravens. 

The Tampa Bay Buccaneers made up for their embarrassing loss to the New Orleans Saints when they made easy work of the Carolina Panthers. Quarterback Tom Brady and the rest of the Bucs squad got off to a slow start and Carolina made sure it took advantage of every opportunity. However, things flipped in the second half, with Brady ending the day with 341 yards and three touchdowns to secure a 46-23 win. The Panthers defense was dominated completely during the last two quarters, with the Bucs able to record a total of 544 offensive yards in the game, including a 322-35 differential in the second half. With that, the Bucs gave themselves a boost to threaten the NFC South leaderboard, which currently has the Saints just slightly ahead of them.

The Saints aren’t too considered, at least not yet. They faced a beat-up San Francisco 49ers team yesterday, easily taking the win with a score of 27-13. It was a costly victory, however, as quarterback Drew Brees was taken out by a shot to the ribs in the second quarter. He almost immediately headed out for an MRI, allowing backup QB Jameis Winston a chance to come in and show his stuff. That wasn’t the last of the injuries for the Saints, however, as wide receiver Tre’Quan Smith and tight end Josh Hill suffered concussions, and three other players were forced to leave the game. 

Should Stoyan Madanzhiev Be Recognized as the 2020 Poker World Champion?

Stoyan Madanzhiev has a bracelet and a letter stating that he is the 2020 WSOP Main Event winner. But it’s certainly up for debate if he’s the current poker world champion. Clearly, however, the World Series of Poker organizers don’t consider him to be of that distinction.

Is Stoyan Madanzhiev the 2020 WSOP Main Event winner or not? (Image: Cardplayerlifestyle.com)

Last week, the WSOP announced it will host a Main Event next month beginning online at GGPoker and WSOP.com. Play will conclude with two final tables — one in Las Vegas and the other in Europe — days after Christmas.

Each year, the $10,000 buy-in WSOP Main Event in Las Vegas determines a world champion. This year, however, the regular freezeout tournament was canceled, along with the entire summer series, due to COVID-19. The annual live poker extravaganza was replaced with an 85-bracelet event online series between GGPoker and WSOP.com.