World P<span id="more-5619"></span>oker Tour Signs Asian Licensing Deal with Ourgame Global

The MGM Grand Sanya has hosted the WPT National China poker competition for days gone by three years.

The planet Poker Tour is using steps to boost its existence in Asia by signing a licensing and promotional contract with Ourgame Global.

Ourgame and the WPT have worked together in the last, including having partnered to create the WPT National China poker tournament.

Ourgame is a card that is online board game company with a strong presence in a lot of Asian areas.

The philippines and Vietnam under the terms of the agreement, Ourgame will have the exclusive right to use the WPT logo and trademarks in over a dozen Asian nations, including China, Hong Kong, Indonesia, Korea, Macau, Malaysia, Taiwan, Thailand.

The offer also incorporates a deal that is non-exclusive Japan. The licensing agreement will be in place for seven years.

WPT Hopes to Expand Footprint in Asia

‘The World Poker Tour did difficult to expand its footprint throughout Asian territories over the very last several years with much success,’ said WPT President Adam Pliska. ‘A big element of this success was based on our strong working partnership with Ourgame, who established WPT National China at MGM Grand Sanya.’

‘By working together with Ourgame to grow the WPT brand in Asia, we are assuring that the recent growth that is strong of WPT in your community will carry on for many years to come,’ he included.

The ability to use one of the world’s most powerful poker brands as they work to expand their reach through the region for Ourgame, the move gives the company.

‘As Asia’s leading card and board game platform, we are extremely pleased to have found a great worldwide partner in the World Poker Tour, we have worked together not to just establish WPT National Asia as one of the largest and a lot of influential poker events in Asia, but also introduced world-class poker tournaments towards the fast-expanding Chinese poker community. as we begin to expand from China to Asia,’ said Ourgame CEO Frank Ng. ‘Over the last three years,’

The WPT’s brand and global experience would have been a significant asset to us that we will together attain much more success in Asia. even as we expand overseas, and we have every confidence’

China Could Be Major Development Marketplace for Poker

Asia, and Asia in particular, are required to be growth that is big for poker in the coming years.

Which could come as a surprise for some, considering the gambling that is restrictive in place in mainland China that normally send Chinese gamblers to Macau or other destinations when they want to place their bets.

But the WPT has managed to launch a minumum of one poker that is major on the mainland, the one that has quite an interesting tale behind it. For a time that is long Asia didn’t have much of a poker scene, at least not one that played the kinds of games you’d find at the planet Series of Poker.

Instead, Chinese gamblers played a game understood as tractor poker, a two deck game with jokers by which players attempted to win tricks, as in connection or spades.

Wanting access to China, the WPT effectively won a license to televise the nationwide Tractor Poker Tournament in the country starting in 2007. Round the time that is same Macau casinos began offering Texas Hold’em and other traditional types of poker, raising interest in those games through the region.

In 2012, the WPT ended up being given permission by the China Leisure Sports Administration to alter their tournament up to a no-limit hold’em format: a change that has now remained in place for days gone by three years.

Vegas Soccer Stadium Approved by City Council

An artist’s rendition of how the finished nevada soccer stadium might look. The record handle foe the Las Vegas recreations books during the World Cup suggests there could be described as a huge appetite for soccer in Las Vegas. (Image: ftw.usatoday.com)

Major League Soccer in Las Vegas moved one step closer to the objective line this as the Las Vegas City Council voted 4-3 to approve subsidies for a controversial $200 million stadium project that hopes to entice the sport to the city week.

The City Council has agreed to contribute $25 million towards the construction for the venue that is 24,000-seat Symphony Park, plus a further $31.5 million on improving infrastructure at the web site.

Meanwhile, the developers will add $133.5 million toward construction costs and will cover the price of acquiring the franchise, which is expected to top $100 million.

According to, Justin Findlay, managing partner of co-developers Findlay Sports and Entertainment, the stadium would take 18 to 24 months to build.

Should Las Vegas maybe not be selected by MLS as an expansion team in advance, the stadium wouldn’t be built.

Mixed Feelings

Despite a real wish to have a major league team in Las vegas, nevada, reactions to the thought of a soccer team have been blended, mainly due to concerns about the fee to the taxpayer, and perhaps partly because People in the us aren’t completely sure whether they love soccer enough yet, a factor that could impact the profitability of the venture.

However, the Las Vegas sports books are often a better indicator of the general public mood in the matters than any survey ever could possibly be, and the record handle taken during the World Cup in June would suggest a Las Vegas appetite for soccer, and betting on it, is huge.

The activities publications reported the handle that is biggest ever recorded through the month of June, frequently the slowest period of the year. Some big sports books on the Strip even reported ‘NFL Football-like’ crowds viewing Team USA matches.

The City Council has been negotiating the stadium deal with development partners Cordish Cos. and Findlay Sports and Entertainment since last might, though the concept of a downtown stadium has been around the pipeline for years, and Mayor Carolyn Goodman, one of its most vocal proponents, said it will create jobs and boost development that is economic.

Forward Thinking

‘ Our charge is to help the downtown sustain a viability as a accepted place to come to,’ she said. ‘We’re forward thinking and none of us like the status quo. You can’t go backwards.’

MLS was quick to issue a statement praising the council’s choice. ‘We applaud Mayor Goodman plus the Las Vegas City Council for approving the measure to support a public-private partnership to build a new soccer arena in downtown Las Vegas,’ it said. ‘We look forward to continuing our conversations with all the Cordish business and Findlay Sports & Entertainment regarding a possible expansion team for Las Vegas.’

Plus it is probably not the only sports that are major winging its means to Las vegas, nevada quickly.

MGM Resorts International is understood to be in preliminary talks having a team that would like to bring a nationwide Hockey League Team to Las vegas, nevada to play at its $350 million sports that are new.

The 20,000-seater MGM-AEG Arena is currently under construction behind New York ny and is anticipated to be finished in early 2006.

Sam Nazarian Granted Gaming License Despite Checkered History

Sam Nazarian, who was awarded a gaming license by the skin of his teeth; however he should have nothing to do aided by the day-to-day running regarding the casino. (Image: jewishbusiness.com)

Sam Nazarian, the man who redeveloped the Sahara in to the boutique casino resort SLS Las vegas, nevada, had been awarded a limited gaming license on Thursday after a grilling that is three-hour the Nevada Gaming Control Board about their private life and company deals.

The LA nightclub mogul was expected to be refused a permit after disclosures during a recent routine hearing that he had lied about cocaine usage and had made around $3 million in payments to a man called Derrick Armstrong, a shadowy figure with a criminal history.

A few of this money had found its way to convicted racketeering criminal Suge Knight, the founder of Death Row records, investigators discovered.

In one ladbrokes casino logo moment that is particularly surreal Thursday’s hearing, Armstrong really turned up demanding to deal with the Gaming Commission himself, but was arrested away from building on suspicion of grand theft and passing bad checks.

Substance Abuse

As owner of a ten per cent stake in SLS, Nazarian is needed by legislation to possess a gaming license, as does anybody who owns more than 5 per cent of a casino in Nevada.

Three of the four-member Control Board panel said they had initially planned to deny a license but softened their stance during the hearing, awarding a one-year gaming that is limited with a raft of conditions, certainly one of which stipulated that Nazarian must avoid involving himself in the day-to-day management for the casino.

He should also go through drug-testing that is regular.

Nazarian apologized to the Control Board for his dishonesty about his drug-taking and admitted previous utilization of ecstasy, cocaine and cannabis and he is searching for help from a substance abuse specialist in LA.

‘It’s not been easy looking into the mirror,’ Nazarian told the hearing. ‘I apologize to the video gaming agents for not candid that is being. I also apologize to the board members. ‘My moms and dads are disappointed, but they are really supportive,’ he added.

The Nazarian family, which left its native Iran for the united states in the wake associated with the Iranian revolution, is one of the richest Mizrahi Jewish families in the entire world, with an estimated fortune of $2 billion.

Extortion Claim

Nazarian said in a hearing that is previous his relationship with Armstrong, who was convicted of drug offenses and money laundering, was based on extortion.

Nazarian said he met Armstrong in 1999 when he employed him to customize his collection of exotic automobiles.

Armstrong then borrowed money from Nazarian to start a motor vehicle shop, before demanding $1 million more while threatening to harm or embarrass him.

Nazarian reported the threats to the police in 2005 but continued making payments up until 2013.

‘All I require is a opportunity to regain your trust,’ Nazarian stated. ‘You’ve got my commitment, and I apologize for the errors we made.’

‘I want the board with this investigation to drive you crazy,’ responded Tony Alamo, chairman of Gaming Commission, who admitted this he had ‘never been this close’ to a vote for denial in six years in the job. ‘I think during this period that is limited’ve given you enough rope to hang yourself.’

Gaming Commissioner John Moran Jr said: ‘I’ve paid attention to you today and you swayed me a bit. I desire to put enough conditions that you don’t mess up. on you so’

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