Hollywood Casino at Charles Town Races in Charles Town, West Virginia accepted yesterday its first bet, thus soft-opening its sportsbook. The casino’s wagering facility is operated by the US division of British bookmaker William Hill.
House Delegate Jason Barrett put the first bet on Thursday to participate in a historic moment for the state’s and the US gambling industry. Delegate Barrett placed $50 on the West Virginia Mountaineers to win the football national championship. He will win nearly $3,000 if that happens. The state lawmaker told local media that it was extremely easy to bet and that it really reminded him of betting on horse racing.
The General Managing Counsel of the West Virginia Lottery, Danielle Boyd, has confirmed the opening of the state’s first sportsbook and has pointed out that the despite the facility’s grand opening on Saturday, it is “officially open” now.
Hollywood Casino, which is owned and operated by Penn National Gaming Inc., will host a larger-scale opening ceremony for its sportsbook tomorrow at 11 am local time. A mobile app that will allow the casino’s patrons to wager while at the property via their mobile phones is expected to be rolled out in the next couple of weeks.
Commenting on the launch of their sportsbook, Hollywood Casino Head of Sports Erich Zimny told local media on Thursday that they are happy that West Virginia has jumped on the betting bandwagon quickly and has thus secured a competitive edge over neighboring Maryland.
A bill allowing sports betting at Maryland’s gambling venues was introduced last year but was voted down by legislators. It is believed that it will be reintroduced next spring. If it gains the necessary support in the state Legislature, it will then have to survive a statewide referendum in order to be enacted.
Exemplary Regulatory Framework
Commenting on the state’s wagering regulatory framework, Delegate Barrett said that it should be model for the rest of the nation and that he believes they have done it right.
According to preliminary estimates by the West Virginia Legislature, the state’s sports betting industry would contribute additional revenue of around $5.5 million to the coffers during the first year. However, a separate, Lottery-commissioned study presented a much more optimistic picture for additional revenue of between $9 million and $17 million.
Five of the state’s casinos have lodged interest in operating sportsbooks. They were all required to pay a $100,000 licensing fee. In addition, they will have to contribute a 10% tax on adjusted gross sports wagering receipts.
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The post West Virginia Quietly Becomes Fourth State to Launch Sports Betting appeared first on Casino News Daily.
Doyle Brunson may be declared retired in his poker pro career according to his Wiki page, but he still is active in playing the game, and everyone who knows him is that one of his favorite venues to play at is inside the famous Bellagio's Bobby's poker room.
The 85-year-old 10-time WSOP bracelet winner, thanks to his recent poker session victories in said Bobby's Room, has now treated himself to a brand-new Cadillac Escalade (ranging from $75k to $100k), and he's thanking the poker players he d[...]
Nayong Pilipino Foundation officials once again denied corruption allegations and stressed on the legality of the foundation’s deal with Hong Kong casino resort developer Landing International Development that secured the latter with a land plot for the development of a $1.5-billion hotel and casino complex. 
In a written statement released across several local news outlets on Wednesday, the foundation said that it has followed “all procedural and legal requirements” before the project was launched and that its members were “falsely and maliciously accused” of corruption. 
The owners of two NFL clubs have not disposed of their stakes in daily fantasy operator turned bookmaker DraftKings as the new season is weeks away from kicking off and sports betting legalization efforts are gaining pace in multiple states. 
At present, fantasy sports is DraftKings’ primary product. However, in a recent interview with Yahoo Finance, CEO Jason Robins said that it will not be long before the company begins deriving the majority of its revenue from sports betting. He added that they expect that to happen in the next two to three years, depending on “how fast the states roll out”. 
come for another five to seven years following the launch of the first three.
The ‘target’ in this case is Star Admiral Ltd., which Suncity bought a 100% stake in and which will be sold to Suncity Chairman Alvin Chau Cheok Wa’s Goal Summit. The casino and resort will be built in Hoiana in Central Vietnam.
The 2018 edition of the WPT500 Los Angeles is now in the books. The tournament drew 2,509 entries who challenged their luck and tested their skills against each other at one of California’s hottest poker destinations – The Bicycle Casino. In the end, it was Michael Copeland who posed for a celebratory picture and then pocketed the first-place prize of $181,950 for outlasting his many opponents. 
Copeland faced Pineda heads-up. The eventual winner had nearly three times more chips than his final opponent at the time cards were thrown in the air for the two-handed match. And it was not a long battle. It actually took around ten minutes for Copeland to finish off his last opponent. 
Who wouldn't want to spend a vacation on a warm sunny beach and play poker this November? Hundreds of players are vying to get a spot for the upcoming partypoker Caribbean Poker Party located in Bahamas, where the poker operator is hoping to make a good impression with a live series in a place that for almost 15 years has been the home of PokerStars Caribbean Adventure.
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K International reportedly wants to build a $263.6-million hotel and entertainment complex in the PIER. The complex would include the hotel, a casino, a shopping center and a duty-free zone to the area and would be built on a 49-acre parcel of land.
The WPT500 Los Angeles in entering its closing stage after nine days of quality poker action at The Bicycle Casino in the Los Angeles area. The $570 buy-in tournament drew a field of 2,509 warriors, all eyeing the first-place prize and the accolades that accompany a champion. However, there are just nine of them left in contention and it is a matter of hours before it becomes clear who will be the one to claim the title. 
Day 2 of the event was played Sunday at The Bike. Play commenced with 124 players and lasted until WPT regular Minh Nguyen was eliminated in 10th place for $17,790 in prize money. The player hit the rail after failing to hold up against Michael Copeland. As for Copeland, the chips he collected from Nguyen helped him cement his lead. 
Vince Van Patten, an announcer for the World Poker Tour, who co-wrote and starred in an upcoming poker film.
After the movie Molly's Game that was released last year, poker fans have a new movie coming their way very soon and its main cast is the World Poker Tour's Vince Van Patten. According to IMDb.com, "Walk to Vegas" is based on a true story about Hollywood big shots who will bet on anything.
The film was written by Van Patten himself and Steve Alper. It was directed by Eric Balfour who ha[...]
Saturday was an eventful day at The Bicycle Casino in the Los Angeles area as the ongoing WPT500 Los Angeles finally concluded its starting flights stage. Over the course of the past eight days, as many as 2,509 entrants paid the $570 buy-in fee to try their luck and challenge their skills in one of WPT’s most exclusive series. 
Day 1P (Turbo) was the event’s final starting flight. It was, too, played yesterday at The Bike. The flight attracted 189 entries who were eventually whittled down to just nine players. Paul Lee bagged the largest stack of that closing starting flight. The player will enter Day 2 with 830,000 worth of chips. 
Poker excitement is building up at The Bicycle Casino where the latest installment of the WPT500 is taking place. The ongoing WPT500 Los Angeles is a special one. The $570 buy-in tournament features a record number of starting flights, which means a record number of opportunities for player to join the field. 
The Turbo-structure Day 1N also took place on Friday at the host casino. It drew 100 warriors seeking a shot at the title and the first-place prize. After 22 levels of play, there were only five players left to whom the original field had been whittled down. 
