WSOP Colossus Becomes Largest Live Poker Tournament Ever

WSOP Colossus Becomes Largest Live Poker Tournament Ever

The Colossus has been a success so far.

The World Series of Poker’s inaugural ‚Colossus‘ tournament has, as expected, smashed all the records to be the biggest live poker tournament ever staged.

Twenty-two thousand three hundred and seventy-four players ended up over the course of four Day 1 routes to relax and play in the event, beating the WSOP that is previous record the 2006 Main Event, by (calculator out) 13,601 players.

The big event represents a departure that is strategic the WSOP and Caesars as the festival now has the additional aim of boosting the numbers at WSOP.com.

Hence, this present year’s Series is fully geared to attract the ‚right‘ type of player, and plenty of them: the type of player who might be attracted to multi-table a few money games or tournaments with low to mid-level buy-ins while they’re in city.

The Colossus is really a full just to illustrate.

With its buy-in that is affordable of565, and tantalizing $5 million guaranteed in full prize pool, it was designed to paper the home with players.

The WSOP is peppered with large-field, low buy-in events this season, and even includes a bracelet tournament that is online.

Mobiles at the Table

For the first-time, players will be allowed to create their mobile devices to the tables to play online during WSOP events.

Caesars convinced the Nevada Gaming Control Board to waive its one-player-per-IP-address rule, meaning that the Rio and all other Caesars „WSOP Colossus Becomes Largest Live Poker Tournament Ever“ weiterlesen

Casino Magnate James Packer Says Macau Downturn Worse Than Anybody Imagined

Casino Magnate James Packer Says Macau Downturn Worse Than Anybody Imagined

James Packer (right) with Robert De Niro during the opening of the brand new Nobu resort in Manila, Philippines.

James Packer, the billionaire that is australian casino mogul, has admitted that Macau’s economic downturn was ‚more severe‘ than any of the gambling hub’s operators could have foreseen.

Packer’s Crown Resorts derives 50 percent of its revenue from the 34 percent stake in Melco Crown, which owns properties on the Cotai Strip, including the City that is lavish of resort.

Just over a year ago, Macau was declared by Forbes to be one of the globe’s fastest-growing economies, and the spot’s casinos were enjoying bi-monthly revenues equal to that particular of Vegas‘ yearly haul.

But a crackdown that is unprecedented corruption and cash laundering by President Xi Jinping’s government on the mainland has halted the success tale and delivered profits tumbling.

Financial Crackdown

The crackdown that is financial section of an ongoing anti-corruption drive that has frightened from the high rollers and the junket businesses that once accounted for some 60 per cent of Macau’s revenue.

Tub thumping from Beijing has sent shares in the regions casino companies tumbling. And this, and also a smoking that is new, increased economic restrictions imposed on tourists, and a generally speaking weak Asian economy has hit the region hard.

In April gaming that is gross fell 39 per cent, year-on-year, to 19.2 „Casino Magnate James Packer Says Macau Downturn Worse Than Anybody Imagined“ weiterlesen