Friday, July 20, 2018

Casino News Daily
Anthony Zinno Wins CPPT $5,000 Main Event at The Venetian after Hot WSOP Run

Anthony Zinno, one of the notable members of global poker’s elite and one of the few three-time WPT Main Event winners, topped the field of another prestigious tournament after a nice run at the WSOP.

Zinno took part in another popular summer series annually taking place in Las Vegas and bested the field of the festival’s Main Event just a couple of days ago. The popular poker pro emerged victorious in The Venetian DeepStack Championship Poker Series CPPT $5,000 Main Event after surviving through five days of action and outlasting a field of 547 entries.

The tournament kicked off on Saturday, July 14, at The Venetian, one of the premium poker destinations across the Strip. The Main Event featured a guaranteed prize pool of $2 million. The guarantee was crashed due to the great interest in the tournament. An overall prize pool of $2,529,875 was thus created to be distributed to the top 63 finishers.

Aside from the champion’s trophy and all the accolades that a winner deserves, Zinno also collected the amount of $466,670. Including his latest live tournament cash, the poker pro now boasts a bankroll of over $8 million.

Zinno beat a stacked final table in the CPPT Main Event. The player faced the likes of former WSOP Main Event champ Martin Jacobson, popular high rollers Dan Shak and Stephen Chidwick, and former World Championship final tablists Bryan Piccioli and Jay Farber, among others. UK’s Ben Jones was Zinno’s heads-up opponent. The player eventually busted in second place for a consolation prize of $390,956.

Zinno said after his latest poker triumph that he could finally take a break from poker as he has been playing almost incessantly over the past several months.

Hot WSOP Streak

Zinno jumped into The Venetian Main Event action fresh from a nice run at the WSOP. The player finished in-the-money in 12 tournaments on the schedule of the world’s longest running poker series and made two final table appearances.

Zinno finished third in the $565 Pot-Limit Omaha 6-Handed for $57,300. He also scored a third-place finish in the $10,000 Limit Hold’em Championship for $129,186.

While the player failed to capture a WSOP gold bracelet this summer, he already knows very well what it feels like to claim the most coveted non-monetary prize in poker. He won his piece back in 2015 when he outlasted the elite field of the $25,000 Pot-Limit Omaha High Roller. That victory actually secured the popular poker pro with his largest-ever live cash of $1,122,196.

Zinno is one of just five players in the history of the World Poker Tour to have won three Main Event titles from the series’ Main Tour. He claimed his first title in 2013. It was followed by two more titles in 2015 to tie with Carlos Mortensen and Gus Hansen who were the only other three-time WPT title holders at the time.

The post Anthony Zinno Wins CPPT $5,000 Main Event at The Venetian after Hot WSOP Run appeared first on Casino News Daily.

Anthony Zinno Wins CPPT $5,000 Main Event at The Venetian after Hot WSOP Run

Thursday, July 19, 2018

Casino News Daily
Poker Pro Pleads Guilty in $6-Million Super Bowl/World Cup Ticket Scam Case

Poker pro Seyed Reza Ali Fazeli pleaded guilty to wire fraud charges after being indicted in March for allegedly soliciting investors from three states to wire him more than $6 million to start a ticket-resale business.

Fazeli admitted in a Santa Ana, California court on Tuesday that he spent the money to gamble, repay gambling debts, and for personal expenses. Fazeli was particularly active on the Las Vegas high roller poker scene in previous years. His live tournament bankroll amounts to more than $2.2 million. His HendonMob profile shows that he last cashed in a live tournament back in December 2016, when he finished second in a $25,000 buy-in Aria High Roller event for $247,680.

Prosecutors have disclosed that Fazeli ran Summit Entertainment, a Nevada-located company that promised investors to buy Super Bowl and World Cup tickets and resale those at a huge profit. It has been understood that the poker pro was thus wired around $6.2 million in the period between May 2016 and May 2017 by investors from Nevada, California, and his homestate Texas.

Summit Entertainment operated the onlinetickets.com and pacertickets.com websites through which the tickets resale was supposed to take place. Despite previous promises for a healthy profit, Fazeli failed to provide returns to the investment made by his victims.

The poker player told investors that the business performed poorly as the NFL had prohibited any ticket resales. His explanations proved to be false, prosecutors have revealed, as he admittedly spent the money he had received to cover personal expenses and he never bought the tickets.

Fazeli’s sentencing is scheduled for January 28, 2019. The poker player could spend up to 20 years in jail now as he has pleaded guilty to wire fraud.

Poker Professionals among Fazeli’s Investors

Poker news outlet CardPlayer reported earlier this year that there were professional poker players among Fazeli’s victims. The poker website produced a copy of the joint complaint filed by three popular poker pros who claimed that they had invested a total of $1.3 million into Fazeli’s business.

The complaint showed that Erik Seidel, John Juanda, and Zachary Clark, all three of whom are accomplished tournament players, were among the people who have invested into Fazeli’s ticket-resale operation that never really materialized.

According to court papers, Seidel and Clark each pumped half a million dollars into their fellow poker pro’s fraudulent business, while Juanda invested $300,000. It is unclear whether the $1.3 million provided by the three players was included in the above $6.2 million Fazeli obtained in his admitted wire fraud.

It has also emerged that Aria Resort & Casino in Las Vegas has, too, filed a lawsuit against Fazeli over an unpaid casino credit the property has extended 34 separate times. Aria has been one of the casinos the player has been frequenting. He has won quite some of the $25,000 high roller tournaments the property is well-known for.

The post Poker Pro Pleads Guilty in $6-Million Super Bowl/World Cup Ticket Scam Case appeared first on Casino News Daily.

Poker Pro Pleads Guilty in $6-Million Super Bowl/World Cup Ticket Scam Case

Casino News – Focus Gaming News
Nagoya to get involved in IR conversation
Nagoya to get involved in IR conversation

Mayor Takashi Kawamyra said that he favours an IR bid for the city and said he believes “it would be a good thing for Nagoya to raise its hand.”

The post Nagoya to get involved in IR conversation appeared first on Focus Gaming News.

Nagoya to get involved in IR conversation

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Interblock to Showcase New Market Innovations at OIGA 2018

Automated Roulette and Dice ETGs arrive to the State of Oklahoma

Interblock to Showcase New Market Innovations at OIGA 2018

World Casino News
Kangwon Land hiring scandal in South Korea nets two indictments

A hiring scandal at South Korea’s only casino accessible to locals, Kangwon Land (pictured), has reportedly resulted in the indictment of two lawmakers from the nation’s conservative Liberty Korea Party. The indictments bring to a close an investigation by an independent probe team that lasted two and a half years. KBS World Radio, the official […]

Kangwon Land hiring scandal in South Korea nets two indictments

Wednesday, July 18, 2018

World Casino News
Konami Gaming Incorporated announces senior-level promotions

American slot and casino management systems innovator, Konami Gaming Incorporated, has announced several senior-level promotions it continues to cultivate and expand its global reach. The Las Vegas-headquartered firm used an official Tuesday press release to reveal that Shanna Grimes has been promoted to the post of Human Resources Vice-President while Gary Snobel is to now serve […]

Konami Gaming Incorporated announces senior-level promotions

World Casino News
Hard Rock International announces Hard Rock Hotel Dublin plans

Less than three weeks after inaugurating its Hard Rock Hotel and Casino Atlantic City and American casino operator, Hard Rock International, has announced that it plans to enter Ireland by opening a new 120-room boutique hotel in the heart of central Dublin. The Orlando-headquartered firm used an official Tuesday press release to reveal that it hopes […]

Hard Rock International announces Hard Rock Hotel Dublin plans

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Thought leaders welcome 2019 launch of ICE North America

Clarion Gaming has announced the 2019 launch of ICE North America, which will bring together GiGse and ICE Sports Betting USA into a single consolidated event for the interactive gaming industry

Thought leaders welcome 2019 launch of ICE North America

Casino News – Focus Gaming News
Foreign operators to take minority stakes in Japan
Foreign operators to take minority stakes in Japan

According to Delta State Holdings managing partner David Bonnet, international companies won’t hold the majority of Japan’s first IRs.

The post Foreign operators to take minority stakes in Japan appeared first on Focus Gaming News.

Foreign operators to take minority stakes in Japan

Casino News Daily
Mandalay Bay Owner Sues October 1 Mass Shooting Victims, Seeks Liability Protection

Las Vegas casino giant MGM Resorts International is suing over 1,000 victims of last year’s Mandalay Bay mass shooting in a bid to avoid liability claims, local news outlet Las Vegas Review-Journal reports.

The company has filed lawsuits in Nevada and California courts arguing that it should not be held liable for the October 1 incident, which involved a lone gunman carry out the deadliest mass shooting in America’s contemporary history. On October 1, 2017, Stephen Paddock opened fire from his suite on the 32nd floor of Mandalay Bay into a crowd that was attending the Route 91 Harvest open-air music festival. Paddock fired a rapid barrage of bullets into more than 22,000 concert-goers to kill 58 and wound more than 500. He then shot himself just ahead of police arrival.

MGM owns both the Mandalay Bay casino resort and the Route 91 Harvest festival venue. In its federal court lawsuits, the company argued that any claims against it “must be dismissed” as under a 2002 federal act, it had no liability to victims of the mass shooting.

MGM claimed that it was protected from liability under the 2002 law as the company was using anti-terrorism technology to prevent or respond to any form of mass violence. According to the gaming and hospitality giant, the company it had hired to oversee security at the Route 91 music festival could not be held liable as it had obtained the necessary certifications from the Department of Homeland Security for protection and responding to any act of mass violence and destruction. MGM further pointed out that the liability protection extended to itself as it had hired the security firm.

October 1 Shooting Not Act of Terrorism

Responding to the lawsuits, Las Vegas attorney Rober Eglet told media that the grounds presented by MGM were “obscure” and were on the verge of unethical. Mr. Eglet has been representing some of the victims of the October 1 shooting.

The act cited by MGM in its lawsuits was adopted a year after the 9/11 attacks and included a number of protections from liability. Under the legal piece, any act of mass destruction, major loss, and injury was defined as terrorism.

Here it is important to note that the October 1 shooting was not defined as an act of terrorism by the FBI as Paddock’s motive has remained unidentified which has presented the case from being solved. The FBI identifies terrorism as an act of violence that is triggered by extreme ideologies of racial, political, religious, or environmental nature.

MGM is not seeking money damages from the victims of the shooting. The company pointed out that it only wanted to be cleared of liability and that years of litigation would not be of the best interest of the victims.

The post Mandalay Bay Owner Sues October 1 Mass Shooting Victims, Seeks Liability Protection appeared first on Casino News Daily.

Mandalay Bay Owner Sues October 1 Mass Shooting Victims, Seeks Liability Protection

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