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Archive for September 8th, 2018

Daniel Ortlieb Leads after WPTDeepStacks Portugal Main Event Day 1A

Vilamoura is a resort located in the Algarve region in the southern part of Portugal. It is a popular tourist hot spot. And right now it is a gathering place for players who want to test their wits in the latest installment of the WPTDeepStacks series.

The WPTDeepStacks Portugal €1,100 Main Event is currently under way at Casino Vilamoura. The tournament kicked off on Thursday at the host casino with Day 1A. The first starting flight of the Main Event drew 77 entries. However, after thirteen levels of play, there were only 26 players left. They bagged for the night and will all have a day off before returning to the host venue for Day 2 of the tournament, which is scheduled to be played on Saturday, September 8.

Germany’s Daniel Ortlieb was the player to bag the largest stack last night. He collected 169,200 to secure his top stop in the temporary chip counts chart. Sergio Almeida with 158,100, Henrique Couto with 143,300, and Fabien Parisel with 141,300 were also among the players to bag the largest stacks last night and to lock a comfortable start into Day 2 of play.

Defending champ Fransisco Lopes (pictured) was, too, among the Day 1A entries. However, the player did not make it through the end of that first starting flight. He was eliminated in the last level of the night. Lopes had quite some ups and downs throughout Day 1A to have his stack dwindle and eventually fall in the hands of a fellow competitor.

What to Expect from the Tournament’s Second Day

Main Event action is set to resume today at 2 pm local time, or only minutes from now. The final two starting flights scheduled to take place within the tournament will be played today. Players who got eliminated yesterday as well as brand-new entries are expected to flock to the host casino for a chance at the prize pool and the title.

Speaking of the prize pool, the WPTDeepStacks Portugal Main Event offers €200,000 in guaranteed prize money. It is yet to be seen whether the guarantee will be crushed.

As mention earlier, there will be two starting flights to be played today. The first one, Day 1B, is set to kick off at 2 pm local time. It will feature 40-minute levels just as Day 1 did. As for Day 1C, it will provide interested players with one last chance to enter the exciting tournament currently taking place at one of the most beautiful spots in Southern Europe. The final starting flight is set to kick off at 10 pm local time and to feature 20-minute levels.

Last year’s edition of the WPTDeepStacks Portugal at Casino Vilamoura drew a field of 250 entrants who generated a prize pool of €242,500. As pointed out above, it was Francisco Lopes who emerged victorious. The player collected the amount of €57,060 for being the last man standing at the end of the tournament.

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The post Daniel Ortlieb Leads after WPTDeepStacks Portugal Main Event Day 1A appeared first on Casino News Daily.

Nearly $10 Million Wagered at Mississippi’s Sportsbooks in First Full Month of Legal Sports Betting

Bettors wagered $9.8 million at Mississippi’s licensed sportsbooks in the period between August 1-September 3, Allen Godfrey, Executive Director of the Mississippi Gaming Commission, revealed on Thursday.

Mississippi was the third US state to launch legal sports betting operations after the US Supreme Court struck down in mid-May the federal ban on wagering on sports leagues. The Magnolia State’s legislation allowing sports betting at the state’s casinos took effect on July 21. It took nearly two weeks before betting services were officially launched in Mississippi.

Beau Rivage Resort & Casino in Biloxi and Gold Strike Casino in Tunica were the state’s first gambling venues to launch sports betting facilities. The two properties accepted their first bets on August 1. More casinos across the state have followed suit since then and more are yet to go live with their sports betting facilities.

As many as 20 of the state’s commercial casinos currently operate sportsbooks. In addition, the Mississippi Band of Choctaw Indians cut the ribbon on its own sportsbook, billed as the first tribal one outside Nevada, on August 31. The betting facility is located at the gaming floor of Gold Moon Casino at Pearl River Resort in the city of Choctaw. Here it is important to note that the reported betting handle figure does not include wagers made at the Choctaw property, as tribal gambling venues fall under the purview of different regulators and regulations.

How Has Mississippi Performed Compared to Other States?

As mentioned above, Mississippi was the third state to open sports betting facilities, following the landmark SCOTUS ruling from earlier this year. Delaware and New Jersey were the first to undertake the necessary actions and launch sports betting operations.

Delaware had three operational sportsbooks during the first month of legal sports betting and those generated handle of $8.2 million over the period between June 25-July 29. The state is home to around 1 million residents.

New Jersey was the second state to adopt the necessary legislation authorizing sports betting within its borders. According to information provided by the state’s Division of Gaming Enforcement, local sportsbook took in $40.6 million in wagers during their first full month of operation, July 1-July 31. New Jersey has a population of around 9 million people. As for Mississippi, it has population of about 3 million people, according to latest estimates.

Mr. Godfrey said yesterday that betting activity was ramped up by last weekend’s opening of the college football season. The start of the new NFL season and the first full slate of games over the weekend is expected to further boost activity at the state’s sportsbooks.

West Virginia was the fourth state to launch legal wagering on professional and collegiate sports after the PASPA ban was lifted earlier this year. Hollywood Casino at Charles Town Races was the state’s first gambling venue to launch a sportsbook. The facility was soft-opened on August 30 and celebrated its official opening on September 2. According to information from the West Virginia Lottery, the sportsbook raked in over $295,000 in taxable revenue during its first three days of operation.

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The post Nearly $10 Million Wagered at Mississippi’s Sportsbooks in First Full Month of Legal Sports Betting appeared first on Casino News Daily.

Tropicana Casino Confirms Sports Betting Plans as NFL Season Kicks Off

Tropicana Casino & Resort in Atlantic City confirmed on Thursday plans to join New Jersey’s growing sports betting scene. British bookmaker William Hill will operate the property’s sportsbook. However, no official timetable was provided for the launch of the betting facility.

The announcement comes a day after William Hill confirmed that it has signed a 25-year deal with Eldorado Resorts, under the terms of which the British company’s US branch would become the exclusive partner for the provision of land-based and online betting and online casino services to the Nevada-based gaming and hospitality company.

The partnership will see William Hill extend its US betting footprint across 11 states and 21 casino properties Eldorado currently owns. In addition, the casino company is expected to complete $1.85-billion acquisition of Tropicana Entertainment, parent company of Tropicana Casino, in the fourth quarter of the year, which will further extend William Hill’s presence across two more states and 26 casinos.

The Tropicana Casino sportsbook will be located on the gaming floor of the property’s North Tower casino. More details on the future launch of the sports betting facility are expected to be provided in the coming weeks.

Is Tropicana Jumping on the Betting Bandwagon a Bit Too Late?

It can be said that Tropicana will be coming a bit late to the party, as six of Atlantic City’s nine operational casinos have already opened sportsbooks, and some of them have even went live with mobile betting apps. Two New Jersey racetracks – Monmouth Park and Meadowlands Racetrack – have too opened sports betting facilities, following the US Supreme Court’s ruling from mid-May that struck down a long-standing federal ban on wagering on professional and amateur sports.

New Jersey was the second state to launch legal sports betting services after the ban was lifted. The state’s first sportsbooks opened doors on June 14 at the Borgata and Monmouth Park to be joined by more such facilities in the next two months. According to information from the New Jersey Division of Gaming Enforcement, the state’s sportsbook generated revenue of $7.3 million in the period between June 14 and July 31, and processed sports betting handle of $57.1 million over that period. August financial results are to be reported next week.

As the 2018 NFL season kicked off last night with defending champ Philadelphia Eagles hosting the Atlanta Falcons, another major player in New Jersey’s sports betting scene – Caesars Entertainment Corp. – announced the launch of its mobile betting app. The app allows everyone located in New Jersey to place wagers on sporting events as well as play online casino games, including slots, video poker, and popular table games.

The Caesars Casino & Sports is the latest one to go live in the state, after the DraftKings Sportsbook, the playMGM, and the SugarHouse Sportsbook apps were rolled out last month. In addition, FanDuel and William Hill US soft-launched their own mobile betting products this past weekend.

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The post Tropicana Casino Confirms Sports Betting Plans as NFL Season Kicks Off appeared first on Casino News Daily.


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