The Heard that is bite Round World cost Luis Suarez his World Cup and his 888poker sponsorship this week, but 888 may need certainly to thank the toothy Uruguayan into the end lightning link slot tricks. (Image: bbc.com)
It’s all over but the shouting: as we reported early in the day this week, the Bite That Rocked the World Cup, aka Luis Suarez loses his mind, now has 888poker officially cutting ties with the Uruguayan striker. Following a four-month playing ban by FIFA that effectively ends their World Cup play, Suarez must now face the sobering reality that he bit down more than he could chew this time, career-wise.
It was just final thirty days that 888 signed the, um, colorful character that is Suarez to its ambassador program, and even then, it looked like a shaky bet on the part of the online poker giant; most likely, this had beenn’t exactly the first, or second, or third (you get the concept) time that Suarez sank his teeth into a tremendously idea that is bad.
‘888poker finalized Luis Suárez adhering to a season that is fantastic which his achievements had been widely recognised,’ said the company in an officially issued statement. ‘Regrettably, after his actions during Uruguay’s World Cup match against Italy on Tuesday, 888poker has determined to end Luis Suárez to its relationship with immediate effect.’
In the event you reside in a bubble and haven’t heard the gory details, the FIFA ban and 888 shunning follow a much-publicized dental assault on Italian player Giorgio Chiellini throughout the pair’s match between Uruguay and Italy as the final Group D showdown the other day. Italy was later knocked out by South America, making it a doubly bad day for Chiellini.
Could it be just us or perhaps is 888.com the big winner in all of this? By becoming the first of Suarez’s sponsors to officially abandon him on the incident, they just about got a mention in every newspaper and news website in THE WORLD that is WHOLE. Method to make lemonade out of lemons, 888. That bite appears to have left you with plenty of zest. (Sorry, we are for a pun-athon at this time and cannot be stopped).
Talking about branding, the World Cup is a maelstrom of corporate sponsorship plus the rules are exceedingly strict on brands, which is why FIFA has launched a very serious investigation into Neymar’s underpants. It seems that the small Brazilian playmaker with the dazzling feet and toilet brush hairdo was seen wearing Speedo underwear throughout the customary post-match exchange of tops when Brazil played Cameroon week that is last.
Now, Speedo, while it does makes very nice underwear, is not a licensed FIFA brand and herein lies the problem.
At the heart associated with investigation is whether Neymar purposefully exposed the Speedo logo on his underwear or whether it was pure accident that the offending articles had ridden up slightly above their shorts (it happens!). How they propose to ascertain this we have no idea.
Were Neymar’s underpants illegal, and, if so, should he have to remove them? Perhaps he should really be prohibited for life. We will make sure to bring you updates from the research as it progresses.
The Big Payoff
Before it happened; we now have some more details on how that all played out as we also reported in our earlier story, some clever bettors made bank on the Big Bite Theory.
In reality, essential news reaches us from Sweden, where bookies have paid slightly below 1,400 kroner ($2,070) to one prescient punter who predicted that Luis Suarez would sink his Bee Gee-like ivories into the soft, tempting flesh of a opponent at the 2014 World Cup.
Jonathan Brack, a teacher that is 23-year-old Stenungsund, placed the 80 kroner ($12) bet at likelihood of 174 to 1, while the Uruguayan duly obliged by connecting his gleaming dentition to your neck of Chiellini throughout the Uruguay Italy game, before rolling on the floor feigning injury to his fangs. It seems that over a 150 individuals across Europe have actually won money on similar bets.
‘ I happened to be looking through some odds prior to the tournament started and I also saw this bet and thought I had to have a chance,’ Jonathan told the BBC. ‘I desired to place hundreds but my buddy told me not to waste my money on this kind of stupid thing.’
But we nevertheless say 888 will be laughing all the way to your bank on this one. After all, Suarez has pretty much given them a lifetime’s publicity in one mad, hellish, impulsive moment. And they are doingn’t need certainly to pay him anymore.
Caesars Showboat Closing Down in Atlantic City
Despite being a lucrative casino, the Atlantic City casino market is saturated, and also the Showboat has been sacrificed to free up some room within the market, owner Caesars Entertainment says. (Image: cityatlantic.com)
In a town that seems to be hit by worse financial storms than even Sandy, Atlantic City is seeing yet another land casino hit a reef: Caesars Showboat has announced it will officially close on August 31. According to Caesars Entertainment, the Showboat is showing the performance that is worst of its four Atlantic City casino entities, and as such, its demise is imminent.
‘we believe this is a necessary step to help stabilize our business in Atlantic City and support the viability of our remaining operations in the vicinity,’ said Caesars CEO Gary Loveman in an issued statement while we regret the impact that this decision will have on our Showboat associates. ‘ Since 2006, revenue in Atlantic City has declined by more than $3 billion and competition in the city has increased. The powerful in Atlantic City has led us to the difficult but necessary decision to shut Showboat.
‘We sincerely appreciate the solution, dedication and professionalism shown by the employees of the Showboat over time to produce incredible experiences to our customers,’ Loveman added.
Showboat Causes Three
It’s been a difficult year for New Jersey’s beachside resort as well as its gambling enterprises; in January, the iconic Atlantic Club closed after several purchasing attempts went south, and just this month, the once-much-touted Revel announced official bankruptcy proceedings with the very real possibility that it, too, may shut, if no buyer steps up within the near future.
For the town’s casino workers, this news that is latest, unsurprisingly, failed to sit well.
‘I’m heartbroken and crazy, too angry to respond in an effective means,’ said Local 54 Unite-HERE casino worker’s union president Bob MCDevitt. When Caesars announced its plan to provide Showboat employees with warning pink slips later last week, McDevitt minced no words, claiming the casino was certainly lucrative and calling the prospective closure ‘criminal.’
Loveman says Caesars can help the Showboat’s 2,100 casino workers find new jobs with other company properties, either in Atlantic City or in other US towns where the conglomerate runs business.
Atlantic City mayor Don Guardian was a tad more neutral in his response to the shut down announcement.
‘ I’m partnering with all the organizations that stay in Atlantic City. I’m sorry that the Showboat is shutting down,’ the mayor said.
The consensus seems to be there are simply a lot of gambling enterprises in Atlantic City; that the marketplace is over saturated and unsustainable, and that it is being damaged further by competition from casinos in neighboring states. Pennsylvania, which introduced legal casino gambling into the mid-noughties, has now supplanted its neighbor since the second biggest casino gaming market in the United States, after Nevada. Nj-new jersey has lost 40 percent of its revenue since 2006.
Meanwhile, the expansion of casino gambling in New York State will hit brand New Jersey even harder, with 12 percent of New Jersey gamblers saying, in a recent survey, that they will simply take their company to ny when the new casinos open there. Caesars, which shut down Harrahs Tunica the thirty days, had hinted at a possible closure in Atlantic City, too. Despite the fact that the Showboat is lucrative, unlike Revel and the Atlantic Club, the casino is being sacrificed to be able to free up a small room available in the market, including Caesars’ own three other Atlantic City casinos.
Whilst it’s true that the Showboat ended up being still into the black for Q1 of 2014, its books showed a drastic drop from the same time period year that is last. While first quarter 2013 brought in some $8.5 million in gross working profits, this present year’s equivalent period of time just revealed a just-under $2 million revenue level. Moreover, out associated with the town’s 11 existing casino properties, Showboat came in at Number Seven in profitability, having a $66.2 million take so far this year; that’s a 16 percent nosedive from the same timeframe last year.
The Mardi Gras-themed Showboat exposed in 1987 and was purchased by Caesars in 1998. It’s the littlest of Caesars’ Atlantic City properties when it comes to net income, but it also has operating that is relatively low. Bally’s, by comparison, is far higher priced to perform and showed a loss of $1.6 million over the same duration.
The casino is expected to remain open and running through towards the August 31 shutdown, after which time gamblers are going to be helped with going to many other city properties, according the Loveman.
IRS Steps Up Investigation of Macau Gambling Enterprises
The IRS has allegedly joined an investigation into the flow of funds from American company-owned Macau gambling enterprises. (Image: tripadvisor.com)
The quantity of money that is passed around in a day that is single Macau would boggle most minds. Whilst the growth of Macau casinos has slowed, revenues carry on to rise, with the enclave’s gaming take coming in at $45.2 billion. But some fear that this cash isn’t just being played around with in the gambling enterprises, and so it’s possible that some cash could find its way into the hands of criminals or hidden from governments.
That is why agents from the usa Internal Revenue Service (IRS) reportedly traveled to Macau in might in order to assemble informative data on what casino that is american-owned there had been doing with their money. A Reuters report quoted anonymous sources who say that IRS agent that is special Steiner unveiled the Macau investigation at a Las Vegas anti-money laundering conference early in the day this month, during a portion for the conference in which the news was barred from the space.
Treasury Department Casino that is already watching Funds
It’s not surprising that the US government has taken an interest in the incredible sums of money that are being funneled through Macau resorts and casinos. The Treasury Department had been keeping close track of the money movement into and out of gambling enterprises there. Officials from that division have already been worried that funds of questionable origin might be flowing from Macau to Las vegas, nevada, and that casinos may not have the controls in position to identify suspicious deposits and transfers.
The latest investigation ended up being allegedly conducted by the IRS Criminal Investigation unit. It is unclear just what the see to Macau ended up being, though some have speculated that it might probably happen section of an audit procedure for transactions from Macau to US casinos. Privacy rules in Macau may have made it problematic for agents to obtain access to information that is important the United States.
In particular, concerns are raised on the funds that come in from junket operators who help arrange travel and financing for high-rollers in Macau casinos.
Casinos Asked to Take Precautions
In accordance with sources who had been reportedly into the space at that time of his talk, Steiner warned those in attendance that it was important for casinos to really have the proper controls in destination to notice suspicious money movement, and for there to be potential civil or criminal penalties if gambling enterprises failed to put them into place.
These issues could help explain changes in policy that temporarily threw players for a loop at this year’s World Series of Poker while there may not be a direct connection. Many players had been outraged to learn that they might require a 2nd piece of recognition to verify their details, though this is later clarified being a request that would save your self time on future verification paperwork.
‘This policy is because of federal demands for licensed casinos to use all reasonable efforts to obtain a permanent address of its clients, maybe not an 11th hour shift by the WSOP,’ World Series of Poker Executive Director Ty Stewart said in a statement month that is last.
According to Reuters, both the IRS and major casino organizations operating in Macau such as for example Las Vegas Sands, Wynn Resorts and MGM Resorts International declined to discuss the report.