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Archive for September 10th, 2018

Jimmy Livramento Leads 9 Players into WPTDeepStacks Portugal Finale

The WPTDeepStacks Portugal Main Event is just a final table away from crowning its 2018 victor. An original field of 224 entries has been reduced to just nine players who will sit around the official final table today to determine the champion. Action kicks off at 2 pm local time at Casino Vilamoura in the popular Portuguese resort of the same name.

Day 2 of the tournament was played yesterday at the host venue. Action started off with 81 players from the three starting flights played over the previous day. Peter Giordano entered with a massive chip lead over the rest of the remaining hopefuls. The player retained his momentum from the previous day throughout Day 2. However, late into action he found himself locked in a dangerous confrontation with Cesario Gomes that cost him his spot at the final table and his shot at the title. Giordano was eliminated in 11th place last night.

It was Jimmy Livramento who ended Day 2 action as the chip leader. The player bagged and tagged 1.45 million into the final table and is 200,000 chips ahead of his nearest competitor. It was Gomes who scooped the second largest stack of the night, putting 1.25 million into his bag. Defending champion Francisco Lopes rounded out the chip counts podium last night with a stack of 1.025 million.

Lopes Headlines the Final Table

Lopes not only holds one of the top chip stacks into the final table, but also headlines that final stage of this year’s edition of the WPTDeepStacks Portugal Main Event. The player is looking to win a back-to-back title and he clearly has a good shot at it, given his momentum from the previous day of action. Last year, Lopes bested a field of 250 entries for a first-place prize of €57,060. It is yet to be seen whether he will be able to double his accomplishment.

The WPTDeepStacks Portugal Main Event at Casino Vilamoura attracted an overall field of 224 entries this year. The €1,100 buy-in tournament thus had its guaranteed prize pool of €200,000 crushed to eventually reach €217,280. The money was split into payouts for the top 28 finishers and the winner will walk out with €50,000 in first-place prize money, the tournament trophy, and a €2,500 worth package into the special season-ending WPTDeepStacks event.

As mentioned above, Day 3 action is set to begin at 2 pm local time at the host casino. The nine remaining finalists will play until there is just one person left at the table to be crowned the victor. Pier D’Ancona with 823,000, Henrique Couto with 592,000, Tiago Branco with 441,000, Andre Cuco with 404,000, Artur Coelho with 397,000, and Jorge Oliveira with 350,000 are the other six players that are set to return at the casino today and play that final stage of the tournament.

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The post Jimmy Livramento Leads 9 Players into WPTDeepStacks Portugal Finale appeared first on Casino News Daily.

New York Jets Reportedly Seek Sports Betting Partner in New Jersey

The New York Jets are reportedly holding talks with some of New Jersey’s operational sportsbooks in a bid to find an official gambling sponsor for the 2018 NFL season, the New York Post reports citing unnamed sources.

Reports emerged shortly after a committee of NFL owners cleared the way for sponsorship agreements between teams and gambling venues that operate sportsbooks. It was also announced last week that the Dallas Cowboys have struck such an agreement with WinStar World Casino & Resort to become the first NFL franchise to join forces with a casino and sportsbook.

According to New York Post sources, a deal between the Jets and a New Jersey sportsbook could be worth between $750,000 and $1 million for the season’s span. The team has declined to comment on the betting sponsorship reports. The Jets are set to kick off their 2018 season action on Monday against the Detroit Lions.

It is to be seen whether a partnership will be announced ahead of tomorrow’s game. It has been nearly four months since the US Supreme Court struck down the federal ban on wagering on professional and amateur sports leagues, allowing individual states to legalize sports betting if they feel inclined to do so.

New Jersey became the second state to launch legal sports betting following the SCOTUS ruling. Currently, six of Atlantic City’s nine operational casinos are offering betting services at brick-and-mortar facilities and some of them have gone live with mobile wagering apps. Two of New Jersey’s racetracks are, too, offering in-person sports betting and one of them – Meadowlands Racetrack, is also offering mobile/Internet betting in partnership with daily fantasy sports-turned betting operator FanDuel.

Meadowlands Racetrack is actually part of the Meadowlands Sports Complex in East Rutherford, New Jersey, which also includes the MetLife Stadium, the home stadium for both the New York Jets and the New York Giants. While it is yet to be seen whether the Jets will indeed strike sponsorship with a New Jersey sportsbook, it seems that chances for this sportsbook to be the one at Meadowlands seem to be quite big.

First Months of Legal Sports Betting in New Jersey

According to information from the New Jersey Division of Gaming Enforcement, the state’s sportsbooks raked in $7.3 million in betting revenue in the period between June 14 (when its first betting facilities went live) and July 31, and processed $57.1 million in sports betting handle over the same period. August figures will be released next week and are expected to be significantly higher as new players joined the state’s legal sports betting scene and mobile betting apps were officially rolled out at multiple properties.

The amount of total wagers placed at New Jersey’s sportsbooks is expected to increase significantly in September as the NFL season is in full swing and the number of legal bookmakers in the state is growing. According to an unnamed New York Post source, the amount of $500 million could be processed in betting handle in September.

A recent report by gaming analysis firm Eilers & Krejcik projects that New Jersey could surpass Nevada in sports betting revenue by 2021, raking in more than $3.4 billion in revenue from sports betting services by that year.

The post New York Jets Reportedly Seek Sports Betting Partner in New Jersey appeared first on Casino News Daily.

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