Master Gambling Bonuses

Tuesday, July 17, 2018

Caesars Entertainment breaks ground on new conference center in Las Vegas

6:33 AM 0
Casino City Times
Caesars Entertainment breaks ground on new conference center in Las Vegas
Debuting in 2020, the 550,000 square-foot CAESARS FORUM will feature the two largest pillarless ballrooms in the world, including FORUM Plaza, an outdoor meeting and event space in Las Vegas
Read More

Monday, July 16, 2018

Top 10 facts, figures and observations from the WSOP Main Event final table

11:36 PM 0
Casino City Times
Top 10 facts, figures and observations from the WSOP Main Event final table
Casino City's Gary Trask empties out his notebook full of nuggets from a week in Las Vegas covering the World Series of Poker.
Read More

MGM National Harbor inaugurates $48 million expansion

5:45 PM 0
World Casino News
MGM National Harbor inaugurates $48 million expansion

In Maryland, American casino operator, MGM Resorts International, reportedly inaugurated a $48 million expansion of its MGM National Harbor on Sunday that encompasses a larger poker room as well as 285 additional slots. According to a Sunday report from The Baltimore Sun newspaper, the Prince George’s County venue also now features an off-track horseracing sportsbetting […]
Read More

Shanghai Police Nab Illegal World Cup Betting Gang

11:42 AM 0
Casino News Daily
Shanghai Police Nab Illegal World Cup Betting Gang

Shanghai police have foiled an illegal online gambling ring that is believed to have netted more than CNY400 million (approximately $60 million), police officers disclosed this weekend.

As many as fourteen individuals were arrested for their alleged involvement in the gang, police told media. There is an ongoing investigation into the illegal operation.

Police said this weekend that the probe was launched after a man was arrested in Jinshan District earlier this year and was found to have frequently contacted a person, surnamed Li, who was in turn found to have conducted multiple money transfers with a loan company and to have shared online gambling accounts with other citizens.

With the Russia World Cup ahead, police assembled a team to investigate the matter more thoroughly. Officers found that Li was part of a gang that was in turn connected to an illegal online sports betting business. The group operated an unlicensed loan company and wagered money with an illegal offshore betting website.

Police conducted raids in the Jinshan, Yangpu, Minhang, and Putuo Districts on June 14, the day the World Cup tournament kicked off in Russia. The raids resulted in the arrest of fourteen people believed to be behind the illegal operation. Police also seized CNY100,000 worth of bets, more than 20 bank cards, and equipment used by gang members to provide illegal betting services.

The detained individuals told police that they acted as a loan company to lure bettors. They opened accounts with a foreign website and deposited money on behalf of their customers. Gang members would collect part of bettors’ wagers as a profit from the operation.

Massive Crypto Betting Ring

News about the illegal gambling gang nabbed by Shanghai police came shortly after it broke out that Chinese police have busted a $1.5-billion bitcoin betting ring as part of the nationwide crackdown on illegal gambling that took place during the World Cup.

Six individuals were arrested in relation to the case. They were found to have been tied to an illegal web-based betting syndicate that provided betting on football ahead of and during the major football championship.

Police said that the illegal platform accepted cryptocurrencies only, mostly bitcoin, ethereum, and litecoin, to avoid legal and regulatory pitfalls. It is believed that the gambling ring thus accumulated more than $1.5 billion worth of bets on World Cup matches.

According to reports from various news outlets, the illegal betting platform accepted bets for a period of eight months before being foiled by police. It saw 330,000 customers from around the world open accounts with it. More than 8,000 individuals acted as agents and earned commissions for each customer they lured into the operation.

The betting business was China’s largest one to have involved the use of digital currencies only. Chinese police also cracked down on multiple traditional illegal gambling operations around the country throughout the World Cup.

The post Shanghai Police Nab Illegal World Cup Betting Gang appeared first on Casino News Daily.

Read More

Resorts World Catskills posts disappointing revenues

Red Tiger Gaming introduces Tiki Fruits

12:09 AM 0
World Casino News
Red Tiger Gaming introduces Tiki Fruits

On the heels of its partnership deal with multi-brand online casino operator, Pomadorro, top developer of casino games, Red Tiger Gaming, has sweetened its video slots offering with the premiere of its fresh Tiki Fruits. Playable on all devices, the Isle of Man-based supplier’s most recent title is a cluster-type game played on a unique […]
Read More

Sunday, July 15, 2018

John Cynn wins World Series of Poker Main Event after marathon heads-up battle

6:27 PM 0
Casino City Times
John Cynn wins World Series of Poker Main Event after marathon heads-up battle
The 33-year-old from Illinois outlasts Tony Miles, taking home $8.8 million and his first WSOP Gold Bracelet in dramatic fashion in Las Vegas.
Read More

John Cynn Claims 2018 WSOP Main Event Title after Grueling Heads-Up Against Tony Miles

11:42 AM 0
Casino News Daily
John Cynn Claims 2018 WSOP Main Event Title after Grueling Heads-Up Against Tony Miles

Today is an important day as football is hours away from having its new World Cup champion, Novak Djokovic just sealed his fourth Wimbledon title, and the World Series of Poker crowned its own brand new champion mere hours ago. John Cynn was the final man standing from a field of 7,874 entries to become this year’s World Championship victor.

The player survived a grueling 10-hour heads-up match against Tony Miles to eventually claim the prestigious title and the $8.8 million first-place prize and the champion’s gold bracelet that go along with it. While Cynn was unable to say how his life will change now as he is nearly nine million dollars richer, the 2018 Main Event champion said that he was happy he would be able to help his family and parents and that the money would certainly make things easier for him.

Winning the major tournament was not an easy task. Cynn had to survive ten days of action, which culminated into an epic battle that lasted more than ten hours. The duel between Cynn and Miles actually became the longest ever played within the Main Event, beating Qui Nguyen and Gordon Vayo’s match in 2016.

It was ten hours and 199 hands of chips and the chip lead swinging back and forth between Cynn and Miles. The two players showed great poker skill and composure, but in the end it was Cynn who outlasted the whole field. Here it is important to note that this year’s WSOP Main Event was the second-largest ever in the history of the popular poker series.

How Heads-Up Unfolded

The final day of the Main Event kicked off Saturday afternoon at the Amazon poker room of Rio All-Suite Hotel & Casino. There were three players left in contention at the time when cards were thrown in the air, those three being Cynn, Miles, and Michael Dyer.

Miles led the pack of three with 238.9 million in chips. Cynn was second in chips at the time with 128.7 million, while Dyer was trailing far behind his opponents with 26.2 million. The player eventually hit the rail in third place for $3.75 million in prize money.

Given the nature of the event, it was well expected that heads-up would be a long ordeal. However, hardly anyone was probably prepared for what would next happen at the poker table where the two 2018 Main Event finalists sat.

Miles and Cynn were nearly even in chips at the beginning of their epic match, with Miles holding a very slight chip lead. The next ten hours would see that lead changing hands on numerous occasions as none of the two players was ready to let go of the opportunity to capture the most prestigious poker title without a good fight.

Following 199 hands of heads-up play and 442 hands of final table play, the name of the winner became known at around 5 am local time. The final table dealt in this year’s Main Event saw Cynn betting 9 million from the button and Miles raising to 34 million from the big blind, which Cynn called.

The [Kh][Kd][5h] landed on the flop to see Miles bet 32 million and Cynn call. The turn card was the [8d]. Miles moved all in for 114 million while Cynn gave it some thought before calling and tabling [Kc][Jc]. Miles was drawing dead with his [Qc][8h]. The [4s] appeared on the river to seal it for Cynn. Miles hit the rail for a hefty consolation prize of $5 million.

While the 2018 Main Event runner-up said he was disappointed that he did not claim the title, he praised Cynn saying that he would be a great champion. Cynn himself spoke equally high of his final opponent.

The post John Cynn Claims 2018 WSOP Main Event Title after Grueling Heads-Up Against Tony Miles appeared first on Casino News Daily.

Read More