The Heard that is bite Round World cost Luis Suarez his World Cup and his 888poker sponsorship this week, but 888 may should thank the toothy Uruguayan within the end. (Image: bbc.com)
It’s all over but the shouting: as we reported early in the day this week, the Bite That Rocked the World Cup, aka Luis Suarez loses his mind, now has 888poker officially cutting ties with the Uruguayan striker. Following a four-month playing ban by FIFA that effectively comes to an end his World Cup play, Suarez must now face the sobering reality than he could chew this time, career-wise that he bit off more.
It absolutely was just last month that 888 signed the, um, colorful character that is Suarez to its ambassador program, and even then, it appeared as if a shaky bet on the part of the online poker giant; most likely, this ended up beingn’t myfreepokies.com exactly the first, or second, or third (you get the idea) time that Suarez sank his teeth into a very bad idea.
‘888poker finalized Luis Suárez carrying out a season that is fantastic which his achievements were widely recognised,’ said the business in an officially issued declaration. ‘Regrettably, following their actions during Uruguay’s World Cup match against Italy on Tuesday, 888poker has determined to end Luis Suárez to its relationship with immediate effect.’
The FIFA ban and 888 shunning follow a much-publicized dental assault on Italian player Giorgio Chiellini during the pair’s match up between Uruguay and Italy as the final Group D showdown last week in case you live in a bubble and haven’t heard the gory details. Italy was later on knocked out by South America, making it a day that is doubly bad Chiellini.
Could it be just us or is 888.com the winner that is big all this? By becoming the first of Suarez’s sponsors to officially ditch him over the incident, they virtually got a mention in every newspaper and news website in THE WORLD that is WHOLE. Option to make lemonade away from lemons, 888. That bite seems to have kept you with plenty of zest. (Sorry, we’re for a pun-athon now and cannot be stopped).
Brief Encounter
Talking about branding, the entire world Cup is a maelstrom of business sponsorship therefore the rules are extremely strict on brands, which is why FIFA has launched a very serious research into Neymar’s underpants. It appears that the tiny Brazilian playmaker with the dazzling feet and toilet brush hairdo was seen wearing Speedo underwear during the customary post-match exchange of tops when Brazil played Cameroon a week ago.
Now, Speedo, whilst it does makes very nice underwear, is maybe not a licensed FIFA brand name and herein lies the situation.
In the middle of this investigation is whether Neymar purposefully exposed the Speedo logo on their underwear or it happens!) whether it was pure accident that the offending articles had ridden up slightly above his shorts (. How they propose to find out this we have no idea.
Were Neymar’s underpants unlawful, and, if so, should he have to remove them? Perhaps he is banned for life. We will be sure to bring you updates from the research as it progresses.
The payoff that is big
Before it happened; we now have some more details on how that all played out as we also reported in our earlier story, some clever bettors made bank on the Big Bite Theory.
In fact, important news reaches us from Sweden, where bookies have paid out just below 1,400 kroner ($2,070) to 1 prescient punter who predicted that Luis Suarez would sink his Bee Gee-like ivories into the soft, tempting flesh of a opponent at the 2014 World Cup.
Jonathan Brack, a teacher that is 23-year-old Stenungsund, placed the 80 kroner ($12) bet at odds of 174 to 1, therefore the Uruguayan duly obliged by attaching their gleaming dentition to your shoulder of Chiellini throughout the Uruguay Italy game, before rolling on the ground feigning injury to his fangs. It appears that over a 150 individuals across Europe have won money on similar wagers.
‘ I became looking through some odds prior to the tournament started and I saw this bet and thought I had to take a possibility,’ Jonathan told the BBC. ‘I wanted to place hundreds but my friend told me perhaps not to waste my money on such a stupid thing.’
But we nevertheless state 888 will be laughing all the real way towards the bank on this one. After all, Suarez has pretty much given them a life time’s promotion in one mad, hellish, impulsive moment. And they are doingn’t need to pay him anymore.
Caesars Showboat Closing Down in Atlantic City
Despite being a profitable casino, the Atlantic City casino market is saturated, therefore the Showboat will be sacrificed to free up some room in the market, owner Caesars Entertainment claims. (Image: cityatlantic.com)
In a town that seems to be hit by worse financial storms than even Sandy, Atlantic City is seeing yet another land casino hit a reef: Caesars Showboat has announced it will officially close on August 31. According to Caesars Entertainment, the Showboat is showing the performance that is worst of its four Atlantic City casino entities, and as such, its demise is imminent.
‘we believe this is a necessary step to help stabilize our business in Atlantic City and support the viability of our remaining operations in the vicinity,’ said Caesars CEO Gary Loveman in an issued statement while we regret the impact that this decision will have on our Showboat associates. ‘ Since 2006, income in Atlantic City has declined by more than $3 billion and competition in the city has increased. The dynamic in Atlantic City has led us towards the difficult but decision that is necessary close Showboat.
‘We sincerely appreciate the solution, dedication and professionalism shown by the employees of the Showboat over time to provide our customers with incredible experiences,’ Loveman added.
Showboat Makes Three
It’s been a hardcore year for New Jersey’s beachside resort as well as its casinos; in January, the iconic Atlantic Club shut after several buying attempts went south, and just this month, the once-much-touted Revel announced official bankruptcy proceedings with the very real possibility that it, too, may close, if no buyer steps up within the near future.
For the town’s casino workers, this latest news, not surprisingly, did not stay well.
‘I’m heartbroken and angry, too angry to respond in a effective means,’ said Local 54 Unite-HERE casino worker’s union president Bob MCDevitt. When Caesars announced its plan to present Showboat employees with warning pink slips late last week, McDevitt minced no words, claiming the casino was certainly lucrative and calling the potential closure ‘criminal.’
Loveman says Caesars may help the Showboat’s 2,100 casino workers find new jobs with other company properties, either in Atlantic City or in other cities that are US the conglomerate operates business.
Atlantic City mayor Don Guardian was a tad more neutral in their reaction to the power down announcement.
‘ I’m partnering with all the companies that remain in Atlantic City. I am sorry that the Showboat is shutting down,’ the mayor said.
Saturated Market
The opinion seems to be that there are simply too many gambling enterprises in Atlantic City; that industry is over saturated and unsustainable, and it is being damaged further by competition from gambling enterprises in neighboring states. Pennsylvania, which introduced legal casino gambling within the mid-noughties, has now supplanted its neighbor as the second biggest casino video gaming market in the United States, after Nevada. New Jersey has lost 40 % of its revenue since 2006.
Meanwhile, the expansion of casino gambling in New York State will hit New Jersey even harder, with 12 percent of New Jersey gamblers saying, in a present survey, that they’ll just take their company to New York when the brand new casinos open there. Caesars, which shut down Harrahs Tunica the thirty days, had hinted at a closure that is possible Atlantic City, too. The casino is being sacrificed in order to free up a little room in the market, including Caesars’ own three other Atlantic City casinos despite the fact that the Showboat is profitable, unlike Revel and the Atlantic Club.
While it’s true that the Showboat ended up being still into the black for Q1 of 2014, its books showed an extreme drop from the same time frame period last year. While first quarter 2013 brought in some $8.5 million in gross operating profits, this season’s equivalent period of time just showed a just-under $2 million profit degree. More over, out associated with city’s 11 current casino properties, Showboat came in at Number Seven in profitability, by having a $66.2 million take so far this year; that’s a 16 percent nosedive from the same timeframe this past year.
The Mardi Gras-themed Showboat started in 1987 and was purchased by Caesars in 1998. It’s the littlest of Caesars’ Atlantic City properties when it comes to net revenue, but it addittionally has operating that is relatively low. Bally’s, by comparison, is far higher priced to run and showed a lack of $1.6 million over the period that is same.
The casino is anticipated to stay open and running through to the August 31 shutdown, after which time gamblers are going to be contributed to moving to other city properties, according the Loveman.
IRS Steps Up Investigation of Macau Casinos
The IRS has allegedly joined up with an investigation in to the movement of funds from American company-owned Macau gambling enterprises. (Image: tripadvisor.com)
The total amount of money that is passed around in a day that is single Macau would boggle most minds. Even though the growth of Macau casinos has slowed, revenues carry on to rise, with the enclave’s gaming take coming in at $45.2 billion. But some fear that this cash isn’t just being played around with in the casinos, and that it’s possible that some cash could find its means into the hands of crooks or hidden from governments.
This is exactly why agents from the united states of america Internal Revenue Service (IRS) reportedly traveled to Macau in might in order to collect home elevators what American-owned casino operations there had been doing with their money. A Reuters report quoted anonymous sources who state that IRS special representative Adam Steiner revealed the Macau investigation at a Las Vegas anti-money laundering conference earlier this month, during a percentage regarding the conference in which the media was barred from the area.
Treasury Department Casino that is already watching Funds
It’s no surprise that the US government has taken an interest in the incredible sums of money that are being funneled through Macau resorts and casinos. The Treasury Department had already been keeping tabs that are close the money movement into and out of casinos here. Officials from that division happen worried that funds of dubious origin could be flowing from Macau to Las vegas, nevada, and that casinos might not have the controls in place to detect suspicious deposits and transfers.
The latest investigation ended up being allegedly carried out by the IRS Criminal Investigation unit. It is unclear exactly what the visit to Macau was, though some have speculated that it may have been a right part of a review process for transactions from Macau to US casinos. Privacy regulations in Macau might have made it hard for agents to have access to information that is important the United States.
In specific, concerns happen raised on the funds that come in from junket operators whom help organize travel and financing for high-rollers in Macau casinos.
Casinos Asked to Take Precautions
Based on sources who were reportedly into the room during the time of his talk, Steiner warned those in attendance that it had been very important to casinos to really have the proper settings in destination to notice suspicious money motion, and for there to be potential civil or criminal penalties if casinos failed to place them into destination.
These issues could help explain changes in policy that temporarily threw players for a loop at this year’s World Series of Poker while there may not be a direct connection. Numerous players were outraged to learn that they might require a piece that is second of to verify their addresses, though it was later clarified as being a request that would save time on future verification paperwork.
‘This policy is because federal requirements for licensed casinos to utilize all reasonable efforts to obtain a permanent address of its clients, maybe not an 11th hour change by the WSOP,’ World Series of Poker Executive Director Ty Stewart said in a statement month that is last.
According to Reuters, both the IRS and major casino companies operating in Macau such as for example Las Vegas Sands, Wynn Resorts and MGM Resorts International declined to touch upon the report.
