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 in the end. (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. After a four-month playing ban by FIFA that effectively stops their World Cup play, Suarez must now face the sobering reality that he bit down more than he could chew this time around, career-wise.
It had been just last thirty days that 888 signed the, um, colorful character that is Suarez to its ambassador program, and even then, it appeared as if a shaky bet on the part of the on line poker giant; all things considered, this wasn't exactly the first, or second, or third (you have the concept) time that Suarez sank his teeth into a really bad concept.
'888poker signed Luis Suárez following a fantastic season for which his achievements were widely recognised,' said the business in an officially issued statement. 'Regrettably, following their actions during Uruguay's World Cup match against Italy on Tuesday, 888poker has determined to terminate Luis Suárez to its relationship with immediate effect.'
In case you are now living in a bubble and haven't heard the gory details, the FIFA ban and 888 shunning have a much-publicized dental assault on Italian player Giorgio Chiellini throughout the pair's match up between Uruguay and Italy as the last Group D showdown last week. Italy had been later knocked out by South America, making it a doubly bad day for Chiellini.
Is it just us or is 888.com the winner that is big all this? By becoming the to begin 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. Solution to make lemonade away from lemons, 888. That bite seems to have kept you with plenty of zest. (Sorry, our company is on a pun-athon right now and cannot be stopped).
Talking about branding, the World Cup is a maelstrom of corporate sponsorship therefore the rules are extremely strict on brands, which explains why FIFA has launched a very serious research into Neymar's underpants. It seems that the tiny Brazilian playmaker with the dazzling feet and toilet brush hairdo was seen putting on Speedo underwear throughout the customary post-match exchange of tops when Brazil played Cameroon week that is last.
Now, Speedo, whilst it does makes very nice underwear, is perhaps not a licensed FIFA brand name and herein lies the situation.
In the centre for the investigation is whether Neymar purposefully exposed the Speedo logo on their underwear or whether it was pure accident that the offending articles had ridden up slightly above their shorts (it happens!). How they propose to find out this we have no idea.
Were Neymar's underpants illegal, and, if so, should he have to remove them? Possibly he should be prohibited for life. We are going to make sure to bring you updates from the research as it progresses.
The Big Payoff
As we also reported within our earlier tale, some clever bettors made bank on the Big Bite Theory before it just happened; we've even more details on how that all played away.
In reality, essential news reaches us from Sweden, where bookies have given out slightly below 1,400 kroner ($2,070) to 1 prescient punter who predicted that Luis Suarez would sink his Bee Gee-like ivories into the soft, tempting flesh of an opponent at the 2014 World Cup.
Jonathan Brack, a teacher that is 23-year-old Stenungsund, placed the 80 kroner ($12) bet at odds of 174 to 1, as well as the Uruguayan duly obliged by attaching their gleaming dentition to your shoulder of Chiellini throughout the Uruguay Italy game, before rolling on the floor feigning injury to his fangs. It seems that over a 150 people across Europe have won money on similar wagers.
' I happened to be looking through some odds prior to the competition started and I also saw this bet and thought I had to have a opportunity,' Jonathan told the BBC. 'I wished to place hundreds but my friend told me perhaps not to waste my money on such a stupid thing.'
But we still 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 promotion in one mad, hellish, impulsive moment. And they are doingn't have to pay him anymore.
Caesars Showboat Closing Down in Atlantic City
Despite being a profitable casino, the Atlantic City casino market is saturated, therefore the Showboat will be sacrificed to free some room up into the market, owner Caesars Entertainment states. (Image: cityatlantic.com)
In a town that generally 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 worst performance 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 dynamic in Atlantic City has led us to your difficult but necessary decision to shut Showboat.
'We sincerely appreciate the solution, dedication and professionalism shown by the employees of the Showboat over the years to produce our customers with incredible experiences,' Loveman added.
Showboat Makes Three
It's been a hardcore year for New Jersey's beachside resort and its gambling enterprises; in January, the iconic Atlantic Club closed after several buying 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 in the not too distant future.
For the city's casino workers, this news that is latest, unsurprisingly, would not stay well.
'I'm heartbroken and crazy, too furious to respond in an effective means,' said Local 54 Unite-HERE casino worker's union president Bob MCDevitt. When Caesars announced its intend to present Showboat employees with warning red slips late a week ago, McDevitt minced no words, claiming the casino was indeed profitable and calling the possible closure 'criminal.'
Loveman says Caesars may help the Showboat's 2,100 casino workers find new jobs with other business properties, either in Atlantic City or in other US towns where the conglomerate operates business.
Atlantic City mayor Don Guardian was a tad more neutral in his response to the turn off announcement.
' I'm partnering with the continuing companies that remain in Atlantic City. I am sorry that the Showboat is shutting down,' the mayor said.
The consensus seems to be that there are simply casinos that are too many Atlantic City; that the marketplace is over saturated and unsustainable, and it is being damaged further by competition from gambling enterprises in neighboring states. Pennsylvania, which introduced legal casino gambling within the mid-noughties, has now supplanted its neighbor once the second casino gaming market that is biggest in the United States, after Nevada. Nj has lost 40 percent of its revenue since 2006.
Meanwhile, the expansion of casino gambling in New York State will hit New Jersey also harder, with 12 percent of New Jersey gamblers saying, in a current survey, that they'll simply take their company to New York after the brand new casinos open there. Caesars, which shut down Harrahs Tunica the thirty days, had hinted at a closure that is possible Atlantic City, too. Despite the fact that the Showboat is profitable, unlike Revel and the Atlantic Club, the casino has been sacrificed so that you can free up a little room in the market, including Caesars' own three other Atlantic City gambling enterprises.
Whilst it's true that the Showboat was still within the black for Q1 of 2014, its books showed an extreme drop from the same time frame period year that is last. While first quarter 2013 earned some $8.5 million in gross operating profits, this present year's equivalent period of time just showed a just-under $2 million revenue level. More over, out of the town's 11 current 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 year that is last.
The Mardi Gras-themed Showboat started in 1987 and was purchased by Caesars in 1998. It's the tiniest of Caesars' Atlantic City properties with regards to net revenue, but it addittionally has relatively low myfreepokies.com operating costs. 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 stay open and running through to the August 31 shutdown, after which time gamblers is helped with going to other city properties, according the Loveman.
IRS Steps Up Investigation of Macau Casinos
The IRS has allegedly joined an investigation in to the movement of funds from United states company-owned Macau casinos. (Image: tripadvisor.com)
The quantity of money that is passed around in a single day in Macau would boggle most minds. While the growth of Macau casinos has slowed, revenues continue 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 money could find its means into the tactile hands of criminals or hidden from governments.
This is exactly why agents from the usa Internal Revenue Service (IRS) reportedly traveled to Macau in might in order to collect informative data on what American-owned casino operations there had been doing with their money. A Reuters report quoted anonymous sources who state 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 percentage associated with the conference where the news was barred from the space.
Treasury Department Casino that is already watching Funds
It's no real surprise that the US government has taken an interest in the amazing sums of money that are being funneled through Macau resorts and casinos. The Treasury Department had been maintaining close monitoring of the money flow into and out of gambling enterprises there. Officials from that department are worried that funds of debateable origin might be flowing from Macau to Las vegas, nevada, and that casinos may well not have the controls in place to detect deposits that are suspicious transfers.
The latest investigation was allegedly carried out by the IRS Criminal Investigation unit. It is unclear exactly what the check out to Macau ended up being, though some have speculated that it would likely were a right part of a review procedure for transactions from Macau to US casinos. Privacy rules in Macau might have made it problematic for agents to have access to information that is important the United States.
In specific, concerns have now been raised on the funds that come in from junket operators who help organize financing and travel for high-rollers in Macau casinos.
Casinos Asked to Take Precautions
According to sources have been apparently into the space during the time of his talk, Steiner warned those in attendance into place that it was important for casinos to have the proper controls in place to notice suspicious money movement, and for there to be potential civil or criminal penalties if casinos failed to put them.
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. Numerous players had been outraged to learn that they might require a piece that is second of to verify their details, though this is later clarified as being a request that would save time on future verification paperwork.
'This policy is a result of federal needs for licensed casinos to utilize all reasonable efforts to acquire a permanent address of its clients, not an 11th hour change by the WSOP,' World Series of Poker Executive Director Ty Stewart said in a statement last month.
In accordance with Reuters, both the IRS and casino that is major operating in Macau such as Las Vegas Sands, Wynn Resorts and MGM Resorts Overseas declined to touch upon the report.