World P<span id="more-6959"></span>oker Tour Signs Asian Licensing Deal with Ourgame International

The MGM Grand Sanya has hosted the WPT National Asia poker competition for the past three years.

The World Poker Tour is taking steps to boost its existence in Asia by signing a licensing and agreement that is promotional Ourgame Global.

Ourgame and the WPT have worked together in the past, including having partnered to generate 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.

Beneath the regards to the agreement, Ourgame could have the exclusive right to make use of the WPT logo and trademarks in over a dozen Asian countries, including China, Hong Kong, Indonesia, Korea, Macau, Malaysia, Taiwan, Thailand, the Philippines and Vietnam.

The deal also includes a non-exclusive deal for Japan. The licensing agreement will be in place for seven years.

WPT Hopes to Expand Footprint in Asia

‘The World Poker Tour has worked hard to expand its footprint throughout Asian territories over the final years that are few much success,’ said WPT President Adam Pliska. ‘A big section of this success was based on our strong partnership that is working Ourgame, who established WPT nationwide 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 numerous a long time,’ he added.

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 China’s leading card and board game platform, we are happy to have found a great international partner in the World Poker Tour, we been employed by together to not only establish WPT National Asia among 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 past three years,’

The WPT’s brand and worldwide 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 now have every confidence’

China Could Be Major Growth Market for Poker

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

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

However the WPT has handled to launch a minumum of one major poker tournament on the mainland, one that has quite an interesting tale behind it. For the long time, China didn’t have much of the poker scene, at least not one that played the kinds of games you would find at the planet group of Poker.

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

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

In 2012, the WPT was given permission by the China Leisure Sports Administration to alter their tournament to a hold that is no-limit format: a change that has now remained in place for the past three years.

Nevada Soccer Stadium Approved by City Council

An artist’s rendition of the way the finished vegas soccer stadium may look. The record handle foe the vegas activities books during the World Cup suggests there might be considered a huge appetite for soccer in Las Vegas. (Image: ftw.usatoday.com)

Major League Soccer in Las Vegas moved one step closer towards the goal line this week, as the Las Vegas City Council voted 4-3 to approve subsidies for a controversial https://casino-online-australia.net/ladbrokes-casino-review/ $200 million arena project that hopes to entice the sport to the city.

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 site.

Meanwhile, the developers will add $133.5 million toward construction costs and will cover the expense 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 two years to create.

Should Las Vegas maybe not be opted for by MLS being an expansion team in advance, the stadium would not be built.

Mixed Feelings

Despite a real desire for a major league team in nevada, reactions to the notion of a soccer team have been blended, primarily due to issues about the price to the taxpayer, as well as perhaps partly because People in america aren’t completely sure whether they love soccer enough yet, a component that could affect the profitability of the venture.

However, the nevada sports books are always a better indicator of the public mood in the things than any survey ever might be, and the record handle taken during the World Cup in June indicate a Las Vegas appetite for soccer, and betting on it, is huge.

The recreations publications reported the handle that is biggest ever recorded through the thirty days of June, often the slowest period of the year. Some big sports books on the Strip even reported ‘NFL Football-like’ crowds Team USA that is watching fits.

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

Ahead Thinking

‘ Our charge is to help the downtown sustain a viability as a accepted place in the future to,’ she said. ‘We’re ahead 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 decision. ‘We applaud Mayor Goodman plus the Las Vegas City Council for approving the measure to guide a public-private partnership to build a new soccer arena in downtown Las Vegas,’ it said. ‘We look forward to continuing our discussions using the Cordish Company and Findlay Sports & Entertainment regarding a possible expansion team for Las Vegas.’

Also it may not be the only sports that are major winging its means to Las vegas, nevada quickly.

MGM Resorts International is thought as in preliminary talks with a group 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 MGM-AEG that is 20,000-seater Arena currently under construction behind New York New York and it is expected to be completed in early 2006.

Sam Nazarian Granted Gaming License Despite Checkered History

Sam Nazarian, whom was awarded a gaming license by skin of his teeth; but he will need to have nothing doing with the running that is day-to-day of casino. (Image: jewishbusiness.com)

Sam Nazarian, the person who redeveloped the Sahara to the boutique casino resort SLS Las Vegas, was awarded a restricted gaming license on Thursday following a three-hour grilling by the Nevada Gaming Control Board about his private life and business deals.

The LA nightclub mogul was likely to be refused a permit following disclosures during a recent routine hearing that he had lied about cocaine use and had made around $3 million in payments to a guy 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 actually turned up demanding to deal with the Gaming Commission himself, but ended up being arrested outside of the building on suspicion of grand theft and moving bad checks.

Drug Abuse

As owner of a ten % stake in SLS, Nazarian is needed by law to possess a license that is gaming 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 prepared to deny a license but softened their stance during the hearing, awarding a one-year limited gaming license with a raft of conditions, one of which stipulated that Nazarian must refrain from involving himself in the day-to-day management for the casino.

He also needs to 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 in which he is looking 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 your video gaming agents for not candid that is being. I also apologize to the board members. ‘My parents are disappointed, however they are really supportive,’ he included.

The Nazarian family, which left its indigenous Iran for the usa in the wake of this Iranian revolution, is among the richest Mizrahi Jewish families in the entire world, with an estimated fortune of $2 billion.

Extortion Claim

Nazarian said in a previous hearing that 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 number of exotic cars.

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

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

‘All I request is really a possiblity to regain your trust,’ Nazarian stated. ‘You have my commitment, and i am sorry for the mistakes we made.’

‘the board is wanted by me 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. We wish to put sufficient conditions that you don’t mess up. on you so’