
The MGM Grand Sanya has hosted the WPT National Asia poker competition for days gone by three years.
The entire world Poker Tour is taking steps to improve its presence in Asia by signing a licensing and promotional agreement with Ourgame Overseas.
Ourgame and the WPT have worked together in the past, including having partnered to create the WPT National China poker tournament.
Ourgame is a card that is online board game company with a strong presence in many Asian areas.
Under the terms of the agreement, Ourgame may have the exclusive right to utilize the WPT logo and trademarks in over a dozen Asian nations, including China, Hong Kong, Indonesia, Korea, Macau, Malaysia, Taiwan, Thailand, the Philippines and Vietnam.
The offer also contains a non-exclusive deal for Japan. The certification agreement shall be in place for seven years.
WPT Hopes to Expand Footprint in Asia
‘The World Poker Tour has worked hard to expand its footprint throughout Asian territories over the final years that are few much success,’ said WPT President Adam Pliska. ‘A big part of this success was based on our strong working partnership with Ourgame, who established WPT nationwide China at MGM Grand Sanya.’
‘By working with Ourgame to grow the WPT brand in Asia, we are assuring that the recent strong development of the WPT in the region will continue for many years into the future,’ he added.
For Ourgame, the move gives the company the ability to make use of certainly one of the entire world’s most powerful poker brands while they work to expand their reach through the spot.
‘As China’s leading card and board game platform, we are extremely pleased to have found a great international partner in the World Poker Tour, as we start to expand from China to Asia,’ said Ourgame CEO Frank Ng. ‘Over the past three years, we’ve worked together to maybe not only establish WPT National China as one of the biggest and many influential poker events in Asia, but also introduced world-class poker tournaments to your fast-expanding Chinese poker community.’
The WPT’s brand and international experience will be a significant asset to us as we increase overseas, and we have every confidence we will together attain a lot more success in Asia.’
China Could Be Major Development Marketplace for Poker
Asia, and China in particular, are required to be growth that is big for poker in the coming years.
That could come being a surprise for some, considering the restrictive gambling laws in place in mainland China that normally send Chinese gamblers to Macau or other destinations when they want to put their bets.
Nevertheless the WPT has managed to launch a minumum of one poker that is major on the mainland, the one that has quite an interesting tale behind it. For a long time, Asia didn’t have much of the poker scene, at least not one that played the kinds of games you would find at the planet number of Poker.
Instead, Chinese gamblers played a game known as tractor poker, a two deck game with jokers in which players tried to win tricks, as in bridge or spades.
Wanting access to China, the WPT effectively won a permit to televise the National Tractor Poker Tournament in the national nation starting in 2007. Around the exact same time, Macau casinos began offering Texas Hold’em and other conventional kinds of poker, raising interest in those games through the entire region.
In 2012, the WPT ended up being provided permission by the China Leisure Sports Administration to alter their tournament to a hold that is no-limit format: a change that has now remained in destination for days gone by three years.
Nevada Soccer Stadium Approved by City Council
An artist’s rendition of the way the finished casino-online-australia.net Las vegas, nevada soccer arena might look. The record handle foe the Las vegas, nevada recreations books during the World Cup suggests there may be considered a huge appetite for soccer in Las Vegas. (Image: ftw.usatoday.com)
Major League Soccer in Las Vegas moved one step closer to the goal line this week, as the vegas City Council voted 4-3 to approve subsidies for a controversial $200 million arena task that hopes to entice the sport to the city.
The City Council has agreed to contribute $25 million towards the construction for the venue that is 24,000-seat Symphony Park, plus a further $31.5 million on improving infrastructure at the site.
Meanwhile, the developers will contribute $133.5 million toward construction costs and will cover the cost of acquiring the franchise, which is expected to top $100 million.
According to, Justin Findlay, managing partner of co-developers Findlay Sports and Entertainment, the stadium would take 18 to 24 months to build.
Should Las Vegas not be chosen by MLS being an expansion group in advance, the stadium would not be built.
Mixed Feelings
Despite a real desire to have a major league team in vegas, reactions to the notion of a soccer team have been blended, primarily due to issues about the fee to the taxpayer, and maybe partly because Us citizens aren’t completely sure whether they love soccer sufficient yet, a factor that could influence the profitability of the venture.
However, the vegas sports books are often a better indicator of the public mood in the issues than any survey ever could be, and the record handle taken during the World Cup in June would suggest a Las Vegas appetite for soccer, and betting on it, is huge.
The activities books reported the handle that is biggest ever recorded during the thirty days of June, often the slowest time of the 12 months. Some big sports books on the Strip also reported ‘NFL Football-like’ crowds Team USA that is watching fits.
The City Council has been negotiating the stadium deal with development partners Cordish Cos. and Findlay Sports and Entertainment since final May, though the concept of a downtown stadium has been doing the pipeline for a long time, and Mayor Carolyn Goodman, one of its most vocal proponents, said it will produce jobs and improve economic development.
Ahead Thinking
‘ Our charge is to help the downtown sustain a viability as a accepted destination in the future to,’ she said. ‘We’re ahead thinking and none of us like the status quo. You can’t go backwards.’
MLS was quick to issue a statement praising the council’s decision. ‘We applaud Mayor Goodman and also the Las Vegas City Council for approving the measure to aid a public-private partnership to build a new soccer arena in downtown Las Vegas,’ it stated. ‘We look forward to continuing our conversations utilizing the Cordish business and Findlay Sports & Entertainment regarding a possible expansion team for Las Vegas.’
Plus it might not be the actual only real major sports team winging its method to Las vegas, nevada soon.
MGM Resorts International is thought as in preliminary talks having a team that would like to bring a nationwide Hockey League Team to Las Vegas to play at its $350 million sports that are new.
The 20,000-seater MGM-AEG Arena is currently under construction behind New York New York and is likely to be completed in early 2006.
Sam Nazarian Granted Gaming License Despite Checkered History
Sam Nazarian, who was awarded a gaming license by the skin of his teeth; however he will need to have nothing doing utilizing the day-to-day running of this casino. (Image: jewishbusiness.com)
Sam Nazarian, the man who redeveloped the Sahara to the boutique casino resort SLS nevada, had been awarded a restricted gaming license on Thursday following a three-hour grilling by the Nevada Gaming Control Board about their private life and company deals.
The LA nightclub mogul was expected to be refused a permit after disclosures during a recent routine hearing that he had lied about cocaine usage and had made around $3 million in payments to a man called Derrick Armstrong, a shadowy figure with a criminal record.
A number of this money had discovered its method to convicted racketeering criminal Suge Knight, the founder of Death Row records, investigators discovered.
In one moment that is particularly surreal Thursday’s hearing, Armstrong actually turned up demanding to handle the Gaming Commission himself, but was arrested away from building on suspicion of grand theft and passing bad checks.
Drug Abuse
As owner of a ten % stake in SLS, Nazarian is necessary by legislation to possess a gaming license, as does anybody who owns more than 5 percent of the casino in Nevada.
Three of the four-member Control Board panel said they had initially prepared to deny a license but softened their stance during the hearing, awarding a one-year gaming that is limited with a raft of conditions, certainly one of which stipulated that Nazarian must refrain from involving himself in the day-to-day management for the casino.
He should also undergo regular drug-testing.
Nazarian apologized to the Control Board for his dishonesty about his drug-taking and admitted previous utilization of ecstasy, cocaine and cannabis in which he is seeking help from a substance abuse specialist in LA.
‘It’s maybe not been easy looking into the mirror,’ Nazarian told the hearing. ‘I apologize to your video gaming agents for not being candid. I also apologize to the board people. ‘My parents are disappointed, but they are very supportive,’ he added.
The Nazarian family, which left its native Iran for the usa in the wake for the Iranian revolution, is one of the richest Mizrahi Jewish families in the planet, with an estimated fortune of $2 billion.
Extortion Claim
Nazarian said in a hearing that is previous his relationship with Armstrong, who was convicted of medication offenses and money laundering, was based on extortion.
Nazarian said he met Armstrong in 1999 as he employed him to personalize his assortment of exotic cars.
Armstrong then borrowed money from Nazarian to open a motor automobile shop, before demanding $1 million more while threatening to damage or embarrass him.
Nazarian reported the threats towards the police in 2005 but continued payments that are making until 2013.
‘All I ask for is just a opportunity to regain your trust,’ Nazarian said. ‘You have my commitment, and i am sorry for the mistakes I made.’
‘I want the board with this investigation to drive you crazy,’ responded Tony Alamo, chairman of Gaming Commission, who admitted this he had ‘never been this close’ to a vote for denial in six years in the job. ‘I think during this period that is limited’ve given you enough rope to hang yourself.’
Gaming Commissioner John Moran Jr said: ‘I’ve paid attention to you today and you swayed me a bit. We want to put sufficient conditions for you so that you don’t screw up.’
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