Work has begun on a £150m casino complex in the West Midlands. Read more.
Profits at betting group Rank Group have risen 9% rise, thanks mainly to its Grosvenor Casinos business and its online operations, especially the Mecca bingo brand. Read more.
An earthquake on a tiny South Pacific island nation signaled an inauspicious start for Australian billionaire businessman Kerry Packer's Vanuatu-based online casino.
Las Vegas beware: Online gambling sites are growing in popularity and visibility, making them a winning force in the online advertising market, according to a report released Wednesday by Jupiter Media Metrix Inc.
The European Poker Tour today confirmed the schedule for the EPT10 Deauville Festival in January 2014, with the GPI European Poker Awards as part of the 11-day festival.
From January 22 – February 1, 2014 the beautiful Casino Barri?re will serve as the base for the French stop of the world’s richest poker tour, which will join forces with the France Poker Series (FPS) Season 3 Grand Final from January 22 – 26. The festival will feature the FPS €1,100 Main Event with a guaranteed €500,000 prize pool, a €2,500 FPS High Roller, a €10,300 EPT High Roller, plus a host of different game variants with buy-ins from €120. The flagship EPT €5,300 Main Event will take place from January 26. For the first time, at the Deauville stop, the international min-raise rule will be enforced allowing players to make smaller raises and have more pre-flop betting action.
This is the seventh time that the tour has headed to the French seaside resort – the first was back in Season 1 when American player Brandon Schaefer lifted the trophy and pocketed the €144,000 first prize. Last year Remi Castaignon took down the Main Event after besting a field of 782 players to pocket the €770,000 first prize, becoming the eighth French player to pick up an EPT title.
Harrah's Philadelphia announced that at 5:10 pm on Championship Sunday, its Total Bad Beat Jackpot of $183,623 hit at one of its Texas Hold‘em Poker 1-2 No-Limit tables. In addition to the two main poker players embroiled in the hand, five other players received a payout of $9,181 simply for sitting at the table at the time of the hit. To date, Philadelphia’s home of the Bad Beat has paid out over $1,925,635 in winnings.
“2013 was a tremendous year for Harrah’s Philadelphia poker players striking it big with our Bad Beat Jackpot, with this latest hit its seems that 2014 could possibly even be bigger,” said Ron Baumann, Senior Vice President and General Manager of Harrah’s Philadelphia. “Harrah’s Philadelphia would like to congratulate all the players stationed at the poker table at the time of the hit on Sunday, as well as the hundreds of others who have cashed-in since the Bad Beats’ inception.”
Anthony Nicodemo, of Philadelphia, PA, thought he had the winning hand when he laid out his Quad Kings, only to experience a bad beat when opponent David Gallagher, of Ridley Park, PA, flashed his King High Straight Flush and secured the win. The losing hand earned Nicodemo $91,811 while Gallagher added $45,905 to his wallet. The Total Bad Beat Jackpot currently sits at $119,727.
The Bad Beat Jackpot is a prize that is paid when a sufficiently strong hand is shown down and loses to an even stronger hand held by another player. The Bad Beat Jackpot is progressive, with $1.00 taken out of each pot to fund the jackpot (in addition to the regular rake). When a jackpot is won, it will be split among all players sitting at a Bad Beat eligible table and in all of the Caesars Total Reward Poker rooms in Atlantic City at the time of the bad beat with the losing hand getting the largest share. On the heels of this Total Bad Beat Jackpot win, Caesars Entertainment immediately administered the reset jackpot at $100,000.