
Bearing the above-mentioned in mind, it can be said that PokerStars has clearly made the right decision to dust off and revive its EPT brand, which had previously built a solid base of fans across Europe and the rest of the world. In addition to this, it should be pointed out that Sochi has great potential to become a new popular live tournament poker destination with its casino.
The EPT Sochi attracted thousands of players, both professionals and recreational ones. And millions were distributed in prize money to the ones who made it deep enough into the festival’s events. Here are some of the biggest winners during the EPT Sochi, the first of what we all hope will be a series of successful EPT festivals.
EPT Sochi ₽192,000 Main Event
Karmatskiy had some previous triumphs on the live tournament circuit. Last August, the player won the €2,200 German Poker Championship as part of the partypoker German Poker Championships at King’s Casino Rozvadov for a first-place prize of €185,000. During last year’s PokerStars Championship Sochi, Karmatskiy topped the field of a ₽19,800 event.
As mentioned above, Viktor Shegai finished runner-up to Karmatskiy in the EPT Sochi Main Event. The player collected ₽16.56 million ($290,225) for his efforts. Ernest Shakarian, Vahe Martirosyan, and Mikhail Kovalyuk were the other three players to cash big from the tournament, collecting payouts of ₽11.688 million ($204,840), ₽8.766 million ($153,630), and ₽6.923 million ($121,335) for finishing third, fourth, and fifth, respectively.
EPT National ₽66,000 No-Limit Hold’em
Czech player Matous Houzvicek was crowned the event’s victor. The player collected the amount of ₽7.77 million ($134,590) for besting the whole field of the tournament. This was Houzvicek’s largest cash from a live tournament. Including his EPT National first-place prize, the Czech’s live tournament earnings now amount to $241,500. Houzvicek cashed in one more tournament during the EPT Sochi. He finished 18th in the ₽132,000 No-Limit Hold’em Single Re-Entry for ₽228,000 ($3,978).
Other Players
As for Ustimov, he cashed in two tournaments within the EPT Sochi. He first finished runner-up to Houzvicek in the EPT National, good for ₽4.745 million ($82,191) in prize money. He then took 42nd place in the Main Event for a payout of ₽498,000 ($8,728). The player currently has more than $620,000 in live tournament earnings.
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Virgin Hotels, the hotel brand of British business magnate Richard Branson, has acquired Hard Rock Hotel and Casino in Las Vegas for an undisclosed price. The property will be remodeled and rebranded as Virgin Hotel Las Vegas over the next year and a half.
Renovation work at Hard Rock will begin soon and will be carried out in multiple phases. Mr. Branson said that they plan to spend hundreds of millions of dollars to transform the hotel and casino resort and make it attractive to both tourists and locals. It is yet to be seen which of its existing facilities will be kept.
New York State Gov. Andrew Cuomo said that he is not supportive of a state commercial casino’s bid for a bailout. The top lawmaker was among the proponents of the legalization of commercial casino gambling in the state a few years ago.
Gov. Cuomo told local media earlier this week that the Upstate New York casinos were private concerns and that he did not want to “get into the business of bailing out private concerns.”
A US Court of Appeals judge ruled on Wednesday that Big Fish Casino constituted illegal online gambling under the Washington state gambling law. The recent court ruling could open Pandora’s box for the growing social casino sector, particularly in the US where online gambling is prohibited in most states.
In 2015, Cheryl Kater, a regular Big Fish Casino player, filed a lawsuit against the social casino’s parent company Churchill Downs, claiming that she had spent over $1,000 on virtual chips to be able to play. Her legal team also argued that virtual chips represented “a thing of value” under a provision in Washington’s gambling law.
Russia’s Arseniy Karmatskiy is heading a pack of seven finalists into the final day of the EPT Sochi Main Event. The player built a massive stack Wednesday at the host venue Sochi Casino and Resort to secure a comfortable stack into the tournament’s final table.
News exploded earlier today that Sky Betting and Gaming (SkyBet) has become the latest UK-facing operator to have been reprimanded by the Gambling Commission for social responsibility failures. One of UK’s largest gambling companies, formerly owned by broadcasting giant Sky, SkyBet was fined £1 million by the regulator for failing to prevent self-excluded customers from registering with its websites and other regulatory breaches.
The UKGC found, after probing into the matter, that SkyBet breached the Commission’s codes and rules for the provision of gambling services in three different ways. In the first place, it became clear that 736 customers of SkyBet, who had self-excluded themselves, were able to open duplicate accounts with the operator and gamble via those in the period between November 2014 and November 2017.
SkyBet’s breaches of its license terms eventually affected tens of thousands of self-excluded customers in one way or another and could have affected many more.
A US district judge denied Monday a request for summary judgment filed by Atlantic City’s Borgata Casino as the gambling venue seeks to sue card manufacturer Gemaco for knowingly supplying it with defective cards, Law360 reports.
Ivey and Sun visited the Borgata back in 2012 to play baccarat. The two players requested a private pit, a Mandarin-speaking dealer, and decks of purple Gemaco cards, among other things. They amassed winnings of more than $9.6 million over four casino visits.
Pressure on Crown Resorts has grown as a new wave of evidence shows that the casino operator might have only stopped what it previously described as a “trial” of removing betting options on slot machines after complaints from patrons.
Crown rejected all allegations back in October, but eventually admitted to removing buttons on 17 gaming machines between March and April 2017. The operator said in a March 5 statement to the Australian Stock Exchange that the “blanking” of buttons was part of a trial it had conducted at its Melbourne casino.
The government of the town of Malay approved last year the $500-million project for a casino resort on the Boracay Island without any prior public consultation, The Philippine Daily Inquirer reports.
As reported by local media, the major casino plan has not been received well by everyone. The Aklan Catholic Church and a number of Boracay residents have voiced their opposition to the integrated resort scheme, citing concerns over the social impact an establishment of this kind would have on the island as well as environmental concerns.
President Duterte has been firing at the way the major tourism hub’s environmental issues have been handled since last month. The Philippines’ top official called the island a “cesspool” due to its lack of a properly functioning sewerage system and threatened to blow up every structure built on the island without the necessary permission.
Gambling ads shown on UK television should feature responsible gambling messages throughout their duration from the end of June 2018. The new requirement was introduced on Friday by the Industry Group for Responsible Gambling (IGRG) as the latest enhancement to its Code for Socially Responsible Gambling Advertising (Industry Code).
Television has long been among the most popular mediums among gambling operators to advertize their services on. According to a 2016 report by measurement firm Nielsen, UK-facing gambling companies spent £456 million to advertize on British television in the period between 2012 and 2015.
The Constitutional Court of Belgium annulled on Thursday a 2016 constitutional amendment under which online gambling operators were required to pay a 21% value-added tax on their Belgian operations.
The Thursday ruling was certainly a big victory for Belgium-facing online gaming and betting operators. However, the country’s gambling industry suffered a heavy blow last fall, when it became known that the Belgian Chamber of Representatives has approved a proposal for the introduction of a stricter gambling advertising code.
The UK Court of Appeal rejected an appeal lodged by Ladbrokes in relation to the gambling operator’s decade-long £71-million tax avoidance battle with HM Revenue and Customs, City A.M. reports.
The UK Tribunal Court sided with HMRC last February, ruling that Ladbrokes had been well-aware of the fact that it had exploited a tax loophole to avoid tax burden. The bookmaker was later on allowed to appeal the Tribunal Court’s ruling in the UK Court of Appeal.
Today, the Health Bureau (SS) of Macau revealed that it has been reached out by two casinos applying to build a total of 12 smoking lounges in their properties as of March 21st. The casino operators that have filed applications seeking the local authorities’ approval, are the recently-opened MGM Cotai and Ponte 16 casino hotel. No additional information about the number of smoking lounges sought to be established by each of the companies was revealed.
The new regulatory regime on smoking was imposed by the Macau Government in October 2014. At that time, the Government suspended smoking on casino mass floors, with an exception being made for the so-called enclosed smoking lounges.
Josef Tittjung, a poker regular from Oklahoma, won his first WSOP Circuit gold ring last night after taking down a $365 No-Limit Hold’em Double Stack event at Hard Rock Tulsa. The player also cashed $23,806 from the event.
This was Tittjung’s second-ever cash from the WSOP Circuit. The player finished 13th in the $365 Monster Stack a few days ago. That event too was on the schedule of the ongoing WSOP Circuit Hard Rock Tulsa.
Four individuals have been detained in Bulgaria after an operation by the General Directorate Combating Organized Crime (GDCOC) uncovered that they had defrauded casinos and gaming halls across the country out of large amounts of money by hacking their gaming machines.
While the activities of the recently uncovered Bulgarian organized crime group were the result from a very clever scheme that involved remote access to gaming machines, this was not an isolated incident of people trying to scam casinos out of money.