The MGM Grand Sanya has hosted the WPT National China poker competition for the last three years.
The World Poker Tour is taking steps to boost its presence in Asia by signing a licensing and promotional contract with Ourgame Global.
Ourgame and the WPT have already worked together in days gone by, including having partnered to generate the WPT National China poker tournament.
Ourgame is an online card and board game company with a strong presence in a lot of Asian areas.
Under the regards to the agreement, Ourgame need the exclusive right to utilize the WPT logo and trademarks in over a dozen Asian nations, including China, Hong Kong, Indonesia, Korea, Macau, Malaysia, Taiwan, Thailand, the Philippines and Vietnam.
The deal also includes a deal that is non-exclusive Japan. The licensing agreement shall be in effect 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 final years that are few much success,’ said WPT President Adam Pliska. ‘A big element of this success was according to our strong working partnership with Ourgame, who established WPT nationwide China at MGM Grand Sanya.’
‘By working together with Ourgame to expand the WPT brand in Asia, we are assuring that the recent strong development of the WPT in your community will carry on for many years into the future,’ he included.
For Ourgame, the move gives the company the ability to make use of one of the entire world’s most powerful poker brands because they work to expand their reach through the location.
‘As China’s leading card and board game platform, we are very pleased to have found a great global partner in the World Poker Tour, as we begin to expand from China to Asia,’ said Ourgame CEO Frank Ng. ‘Over the past three years, we have worked together to maybe not just establish WPT National China as one of the largest and many influential poker events in Asia, but also introduced world-class poker tournaments to the fast-expanding Chinese poker community.’
The WPT’s brand and global experience will be a significant asset to us that we will together achieve much more success in Asia. as we increase overseas, and we now have every self-confidence’
China Could Be Major Development Market for Poker
Asia, and Asia in particular, are expected to be big growth markets for poker in the coming years.
That may come as a surprise to some, considering the gambling that is restrictive in place in mainland China that normally send Chinese gamblers to Macau or other destinations when they would like to put their bets.
Nevertheless the WPT has managed to launch at least one major poker competition on the mainland, one which has quite an interesting tale behind it. For a time that is long China didn’t have much of the poker scene, at least not one that played the kinds of games you’d find at the World Series of Poker.
Instead, Chinese gamblers played a game understood as tractor poker, a two deck game with jokers by which players tried to win tricks, as in bridge or spades.
Wanting access to China, the WPT effectively won a permit to televise the National Tractor Poker Tournament in the country starting in 2007. Around the same time, Macau casinos started providing Texas Hold’em and other traditional types of poker, raising interest in those games throughout the region.
In 2012, the WPT ended up being granted 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 destination for days gone by three years.
Las vegas Soccer Stadium Approved by City Council
An artist’s rendition of the way the finished Las Vegas soccer stadium may look. The record handle foe the Las vegas, nevada recreations books during the World Cup suggests there might be considered a appetite that is huge soccer in Las Vegas. (Image: ftw.usatoday.com)
Major League Soccer in Las Vegas moved one step closer to the goal 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 associated with 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 contribute $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 a couple of years to construct.
Should Las Vegas maybe not be chosen by MLS as an expansion team in advance, the stadium would not be built.
Despite a real desire for a major league team in vegas, reactions to the thought of a soccer team have been blended, mainly due to concerns about the cost to the taxpayer, and perhaps partly because People in america aren’t completely sure whether they love soccer enough yet, a factor that could influence the profitability of this venture.
However, the Las Vegas activities books are often a better indicator of the mood that is public the things than any survey ever could be, and the record handle taken at the World Cup in June would suggest a Las Vegas appetite for soccer, and betting on it, is huge.
The sports publications reported the biggest handle ever recorded during the month of June, often the slowest period of the 12 months. Some big sports books in the Strip even reported ‘NFL Football-like’ crowds watching Team USA fits.
The City Council has been negotiating the stadium deal with development partners Cordish Cos. and Findlay Sports and Entertainment since last May, however the concept of a downtown stadium has been doing the pipeline for a long time, and Mayor Carolyn Goodman, one of its most vocal proponents, stated it’ll create jobs and boost economic development.
‘ Our charge is to help the downtown sustain a viability as a accepted place in the future 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 while the Las Vegas City Council for approving the measure to support a partnership that is public-private build a brand new soccer arena in downtown Las Vegas,’ it stated. ‘We look forward to continuing the Cordish Company to our discussions and Findlay Sports & Entertainment regarding a potential expansion team for Las Vegas.’
Also it may not be the sole sports that are major winging its way to Las vegas, nevada quickly.
MGM Resorts Overseas is thought as in initial talks by having a group that would like to bring a nationwide Hockey League Team to Las vegas, nevada to play at its $350 million new sports arena.
The MGM-AEG that is 20,000-seater Arena currently under construction behind ny ny and is likely to be finished in early 2006.
Sam Nazarian Granted Gaming License Despite Checkered History
Sam Nazarian, who was awarded a gaming license by your skin of his teeth; however he must have nothing doing because of the casino-online-australia.net 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, was awarded a restricted video gaming license on Thursday following a three-hour grilling by the Nevada Gaming Control Board about their private life and business deals.
The LA nightclub mogul was indeed expected to be refused a license after disclosures during a recent routine hearing that he had lied about cocaine usage and had made around $3 million in payments to a person called Derrick Armstrong, a shadowy figure with a history that is criminal.
Some of this money had discovered its option to convicted racketeering criminal Suge Knight, the founder of Death Row records, investigators discovered.
In one moment that is particularly surreal Thursday’s hearing, Armstrong really turned up demanding to address the Gaming Commission himself, but ended up being arrested outside of the building on suspicion of grand theft and moving bad checks.
As owner of a ten percent stake in SLS, Nazarian is necessary by legislation to possess a gaming license, as does anybody who owns more than 5 percent of a casino in Nevada.
Three of the four-member Control Board panel said they had initially prepared 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 of the casino.
He also needs to go through regular drug-testing.
Nazarian apologized to the Control Board for his dishonesty about his drug-taking and admitted previous utilization of ecstasy, cocaine and cannabis in which he is seeking help from a substance abuse professional in LA.
‘It’s maybe 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 people. ‘My parents are disappointed, however they are really supportive,’ he added.
The Nazarian family, which left its native Iran for the united states in the wake regarding the Iranian revolution, is one of the richest Mizrahi Jewish families in the entire world, with an estimated fortune of $2 billion.
Nazarian said in a hearing that is previous his relationship with Armstrong, who was convicted of medication offenses and money laundering, was based on extortion.
Nazarian said he met Armstrong in 1999 when he employed him to modify his assortment of exotic vehicles.
Armstrong then borrowed money from Nazarian to start car shop, before demanding $1 million more while threatening to damage or embarrass him.
Nazarian reported the threats towards the police in 2005 but continued payments that are making until 2013.
‘All I require is just a possiblity to regain your trust,’ Nazarian said. ‘You have my dedication, and i am sorry for the mistakes we made.’
‘the board is wanted by me during this investigation to drive you crazy,’ responded Tony Alamo, chairman of Gaming Commission, whom admitted this he had ‘never been this close’ to a vote for denial in six years in the task. ‘I think during this period that is limited’ve given you enough rope to hang your self.’
Gaming Commissioner John Moran Jr said: ‘I’ve listened to you today and you swayed me a little. I desire to put sufficient conditions that you don’t mess up. on you so’