Posts Tagged ‘Vegas’

Ben Affleck Caught Card Counting In Las Vegas Casino

Ben AffleckWhile on a Las Vegas vacation with his wife, actress Jennifer Garner, Hollywood actor Ben Affleck was caught counting cards at a blackjack table at the Hard Rock Hotel & Casino and asked to leave the property.

The 41-year-old part-time poker player, who won the 2004 California State Poker Championship for $ 356,400, was caught using “perfect basic” strategy and “moving his money with the count,” according to an alert submitted by the Surveillance Information Network.

According to a source at the casino, Affleck was being incredibly obvious that he was keeping a running count by using his black $ 100 chips to keep track and varying his bet sizes between $ 100 and $ 20,000, depending on how favorable the shoe was.

Apparently, after being asked to stop, Affleck continued to keep count and the casino had no choice but to ban him from playing and ask him to leave.

The alert, which is issued to other major casinos in the area, said that Affleck was “currently suspected of advantage play.”

Card counting occurs when a player, primarily playing blackjack, keeps a running count of the high and low cards dealt from a particular shoe. When the ratio of high cards to low cards is favorable, the player then bets bigger, taking advantage of the odds being temporarily shifted in their favor. Card counting is not an illegal practice, but the casino does have the right to restrict or bar a card counter from playing.

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Published on 12:31 pm by Administrator

Category: Poker

Tags: , Affleck, Card, casino, Caught, Counting, Vegas

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Bitcoin To Make Las Vegas Debut

Bitcoin will make its Las Vegas debut tomorrow.

Forbes reported that on Wednesday the first Las Vegas casino will start allowing guests to use the digital currency in lieu of cash. The casinos are The D Las Vegas Casino Hotel and the Golden Gate Hotel & Casino. They both have the same owners and are located off the Strip in Downtown, Las Vegas, home to an emerging technology scene.

Bitcoin will not be accepted on the gaming floor of the casinos, (at least not yet) but instead at five locations, which include hotel front desks and restaurants. The use of Bitcoin will be facilitated by tablets and mobile interfaces, according to Forbes.

It would of course require complete regulatory approval before ever being allowed in transactions related to brick-and-mortar gambling in the Silver State.

“I’m proud that the D and Golden Gate will be the first casino properties to accept Bitcoin,” Derek Stevens, co-owner of the casino-hotels said.

“We’re located in the growing high-tech sector of downtown Las Vegas, and like all things downtown, we’re quickly adaptive to new technology. The timing is right for us to launch this initiative, and I’m happy to be able to offer this to our customers.”

Prior to coming to Las Vegas, Bitcoin gained tremendous popularity around the world. The digital currency has even made its way into the online poker world. The most recent game developer to try its hand at Bitcoin was Zynga, though it’s not going to be available yet for its highly played poker application. Zynga is Facebook’s cash cow.

The currency has been controversial at times, though. Late last year, an online Bitcoin-fueled marketplace that sold drugs and other illegal goods was shut down by the feds. Its founder was also accused of trying to use Bitcoins to take out a hit on someone.

Another milestone for Bitcoin came last fall, when the world’s first Bitcoin ATM debuted in a Vancouver, Canada coffee shop. The machine converts Bitcoins into Canadian dollars.

The booming popularity of digital currency prompted lawmakers on Capitol Hill to hold their first ever hearing on the topic in November. In the meeting, there was testimony that reiterated the point that Bitcoin isn’t illegal, but it just carries potential risks. Some want more regulation.

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Published on 11:30 am by Administrator

Category: Poker

Tags: , Bitcoin, Debut, Vegas

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Vegas Cabbie Finds $300K Belonging To Poker Pro In Brown Paper Bag

A veteran cab driver in Las Vegas recently found a bag with $ 300,000 that was left in his cab and decided to return it, the Las Vegas Review-Journal reported.

The mammoth sum was left — and forgotten — in a brown paper bag.

Gerardo Gamboa originally thought that the contents of the bag were just chocolate, so he was flabbergasted when discovering what was really inside.

“My God, this is cash money,” Gamboa reportedly said.

Instead of keeping it, he drove the bag over to his company’s main office. The police were called and with the help of the Cosmopolitan the money was eventually returned to the rightful owner. It was a professional poker player.

The authorities didn’t provide the name of the player.

It’s unclear if Gamboa received any money in addition to the $ 5 tip he received originally from the poker player for giving him a ride.

In October 2012, another Las Vegas cabbie returned a massive six-figure sum.

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Published on 5:31 pm by Administrator

Category: Poker

Tags: , 300K, Belonging, Brown, Cabbie, Finds, Paper, Poker, Vegas

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Las Vegas Sands Abandons EuroVegas Project In Madrid, Spain

Las Vegas Sands CEO Sheldon AdelsonU.S.-based casino giant Las Vegas Sands has abandoned its casino project in Madrid after Spain’s government failed to meet some of the company’s tax demands. LVS wanted assurances of compensation should future legislation make profitability difficult for the company and exemption from a nation-wide smoking ban.

“New condition were put forward concerning taxes and legal protection, which could not be taken on board by the administrations involved,” said Deputy Prime Minister Soraya Saenz de Santamaria.

The $ 30 billion project, dubbed EuroVegas by CEO Sheldon Adelson, was supposed to feature 12 hotels, six casinos, three golf courses, a convention center and a large retail space, which would have created as many as 250,000 jobs.

LVS originally chose Madrid over Barcelona. The announcement was celebrated in Madrid, the most populated city in a country that is in the middle of a drastic economic slump. The recession is most notably reflected in Spain’s unemployment rate, which now sits at a staggering 26.7 percent.

The casino company will now pursue opportunities in Asia.

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Published on 11:31 am by Administrator

Category: Poker

Tags: , Abandons, EuroVegas, Madrid, Project, Sands, Spain, Vegas

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In Marketing Move, Las Vegas Casinos To Work With Google For Interior Mapping

Despite a likely citywide ban on Google Glass inside Las Vegas brick-and-mortar casinos, the gaming industry will reportedly work with the search engine giant to provide views from the inside of casinos for Google’s indoor mapping of locations.

According to the Las Vegas Review-Journal, on Tuesday at the Las Vegas Convention and Visitors Authority board of directors meeting, a marketing firm unveiled a plan that will allow potential visitors to check out what it feels like to be inside — and presumably move around — of the casino before ever visiting. Or for those who have already been, to further explore their favorite casino-hotels. (Pictured above is MGM Grand’s hotel desk.)

Last year, Las Vegas Strip casinos took in $ 6.2 billion in gaming revenue.

In 2012, nearly 40 million people flew into Las Vegas’ McCarran International Airport, which was an all-time high. The Strip nabbed around 30 million of those tourists.

So far in 2013, Sin City is about on pace with last year.

There won’t only be more high-tech magic happening within casinos in the Strip. The city has been working on a project of heavily beefing up surveillance outside on the Strip.

Reportedly, there are 37 brand new high-definition cameras hanging about 25 feet off the street. The project came at a cost of $ 300,000. Some critics are obviously worried about privacy issues with these new cameras, but police insist its for safety.

In another bit of Las Vegas tech news, the “Welcome to Fabulous Las Vegas” sign on the outskirts of the Strip will soon be solar-powered.

For more news from Nevada, check out its state page.

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Published on 12:30 am by Administrator

Category: Poker

Tags: , Casinos, Google, Interior, Mapping, Marketing, Move, Vegas, Work

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24.4 Million Have Flown Into Las Vegas So Far This Year, Which Is Same Pace As Record-Setting 2012

Nevada could be on pace to break its visitor record which it set just last year.

According to a Thursday report by the Las Vegas Review-Journal, 24.4 million people have so far arrived this year into the city via the sky, which is almost the exactly the same as the same seven-month span last year.

In 2012, nearly 40 million people flew into Las Vegas’ McCarran International Airport, which was an all-time high. The previous record of 39.2 million had been set in 2007, before the Great Recession struck and severely hurt the economy.

Many in the industry see Las Vegas as well into its own recovery after the nationwide financial crisis. According to the American Gaming Association, the brick-and-mortar casino industry won a record $ 37.34 billion from gamblers in 2012, which was another great sign.

The Silver State is home to a more than $ 10 billion-a-year gambling market, and a couple of years ago legalized online games. Nevada saw a real-money online poker site — Ultimate Poker — first offer real-money games this spring.

Such games are only available to those physically within the state’s borders. It remains to be seen whether full-fledged online gambling could help increase Nevada’s tourism figures.

Though, gaming firms have long said that they will use online gambling, including free-to-play games that are available to people globally, to try to entice customers to gamble in a real-life setting. Many of these web games will be marketed as a risk-free way to learn a new game before trying it for real-money around a bunch people on a gaming floor.

Nevada is home to a population of 2.759 million.

For more news from Nevada, check out its state page.

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Published on 12:30 am by Administrator

Category: Poker

Tags: , 2012, 24.4, Flown, into, Million, Pace, RecordSetting, Same, This, Vegas, Year

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M Resort Closes Its Las Vegas Poker Room

The M Resort, an off-the-Strip casino in Las Vegas, has closed its 14-table poker room to make way for a slot machine tournament area, the Las Vegas Review-Journal reported Monday.

Slot tournaments at the casino were previously held in a conference-style ballroom and attracted on average 800 players, according to Vegas Inc. The space reportedly was too small.

M Resort is owned by Penn National Gaming.

The move comes just a couple months after the casino held the $ 2,500 buy-in Hollywood Poker Open Championship event, which featured a guaranteed prize pool of $ 500,000.

That event, which was held in a convention center space, drew a massive field of 631 players, creating a $ 1,423,062 prize pool. The guarantee was shattered.

The final table was stacked with pros such as Ben Palmer, Scott Schwalich, Max Greenwood, Sam Stein, Ramzi Jelassi, Kory Kilpatrick and Ryan Tepen, but it was Ana Marquez, a poker pro from Malaga, Spain, who took the title. She said after the victory:

“I can’t believe I won. Everything was super perfect. [The players] really liked the M. Everything was run very well. We hope they do more in the future.”

Despite the closing of the poker room, M Resort still plans to hold another Hollywood Poker Open Championship next year at the same time.

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Published on 12:30 pm by Administrator

Category: Poker

Tags: , Closes, Poker, Resort, room, Vegas

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The Las Vegas Hotel Announces Grand Opening Of The Poker Pit

The Las Vegas Hotel & CasinoLas Vegas poker players will have a brand new felt to play on starting Friday, July 12 when The Las Vegas Hotel and Casino has their grand opening of the Poker Pit.

The Poker Pit, located near the Tempo Lounge in the main casino will feature hold’em, stud eight-or-better, Omaha eight-or-better and other games upon request.

The Poker Pit will also offer an array of tournaments including: survivor, ladies only, no-limit and H.O.R.S.E.

The LVH is eager to announce that 1983 World Series of Poker champ Tom McEvoy is set to be their celebrity poker host.

“We are very excited to have poker back at the LVH,” said Jim Roets, Sr. Vice President Gaming Operations. “Between a full complement of standard games and all different kinds of tournaments, poker players will have everything they want here and then some.”

Visit the Poker Pit located on the casino floor or the casino’s website for further information on the games, limits and tournament details.

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Published on 6:32 pm by Administrator

Category: Poker

Tags: , Announces, Grand, Hotel, Opening, Poker, Vegas

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Viktor Blom, Who Still Hasn’t Shown Up At World Series Of Poker In Las Vegas, Wins Nearly $1 Million Over Past Seven Days Online

The 2013 World Series of Poker is winding down, with just a handful of events left on the schedule, and high-stakes cash game pro Viktor Blom still hasn’t shown up at all.

It was probably a wise decision for Blom, as he has won more than $ 1.2 million online on Full Tilt Poker during the time the WSOP has been running in Las Vegas, according to HighstakesDB.

It’s unclear if Blom will come for the $ 10,000 buy-in main event, which starts Saturday.

Blom was up nearly $ 1 million over the past seven days, which brings his profits on the year to just under $ 4 million. Despite the recent surge, Blom has more or less been breaking even after rocketing up to more than $ 5 million in profits by mid-January.

In 2012, Blom’s first year at the World Series of Poker, he managed to cash in the $ 50,000 Players Championship, as well as one other event.

While Blom has been sticking with the online game, most of his high-stakes peers, such as Gus Hansen, Ben Sulsky, Phil Galfond and Alexander Kostritsyn, have made the trip to compete in live tournaments in Las Vegas. Galfond has had the best results.

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Published on 6:30 pm by Administrator

Category: Poker

Tags: , Blom, Days, Hasn't, Million, Nearly, Online, over, Past, Poker, Series, Seven, Shown, Still, Vegas, Viktor, Wins, World

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M Resort Gears Up For Hollywood Poker Open Championship In Las Vegas

The M ResortThe M Resort in Las Vegas is now gearing up to host the $ 2,500 buy-in Hollywood Poker Open Championship event, featuring a guaranteed prize pool of at least $ 500,000.

The action begins Friday, June 28 and continues for three days. Players can re-enter if they are eliminated before the end of level 6. Each level will last for 60 minutes and players will be given 30,000 in tournament chips to start.

Click here for a full look at the structure.

On June 22, the M Resort will also be running a $ 125 buy-in satellite into the championship event.

Those interested in playing can call 702-797-1254 or visit the event’s website for more information.

If you are looking for a place to stay during the tournament, the M Resort offers 390 rooms and suites on site and boasts no resort fees. For reservations, call 1-877-673-7678.

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Published on 12:33 pm by Administrator

Category: Poker

Tags: , Championship, Gears, Hollywood, Open, Poker, Resort, Vegas

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