World Cup 2014 Circus: Suarez Loses 888, While Neymar Briefs

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World Cup 2014 Circus: Suarez Loses 888, While Neymar Briefs

The Bite Heard Round the World cost Luis Suarez his World Cup and his 888poker sponsorship this week, but 888 may need to thank the toothy Uruguayan in the end. (Image: bbc.com)

It’s all over but the shouting: as we reported previously 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 his World Cup play, Suarez must now face the sobering reality he bit off more than he could chew this time around, career-wise.

It had been just last month that 888 signed the, um, colorful character that is Suarez to its ambassador program, and even then, it appeared to be a shaky bet on the component of the on line poker giant; all things considered, this had beenn’t precisely the first, or second, or third (you have the idea) time that Suarez sank his teeth into a tremendously bad concept.

‘888poker finalized Luis Suárez carrying out a fantastic season for which his achievements were widely recognised,’ said the organization in an officially issued statement. ‘Regrettably, following his actions during Uruguay’s World Cup match against Italy on Tuesday, 888poker has determined to terminate Luis Suárez to its relationship with instant effect.’

The FIFA ban and 888 shunning follow a much-publicized dental assault on Italian player Giorgio Chiellini during the pair’s match up between Uruguay and Italy as the final Group D showdown last week in case you live in a bubble and haven’t heard the gory details. Italy had been later knocked out by South America, making it a doubly bad day for Chiellini.

Is it just us or perhaps is 888.com the winner that is big all this? By becoming the first of Suarez’s sponsors to officially ditch him on the incident, they almost got a mention in every paper and news website in THE WHOLE WORLD. Way 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 at this time and cannot be stopped).

Brief Encounter

These are branding, the planet Cup is a maelstrom of corporate sponsorship and the rules are extremely strict on brands, which is why FIFA has launched a very investigation that is serious Neymar’s underpants. It appears that the small Brazilian playmaker with the dazzling feet and toilet brush hairdo was seen using Speedo underwear during the customary post-match exchange of shirts when Brazil played Cameroon week that is last.

Now, Speedo, while it does makes very nice underwear, is not a licensed FIFA brand name and herein lies the problem.

In the middle regarding the investigation is whether Neymar purposefully exposed the Speedo logo on his underwear or it happens!) whether it was pure accident that the offending articles had ridden up slightly above his shorts (. We have no idea how they propose to determine this.

Were Neymar’s underpants illegal, and, if so, should he have to remove them? Possibly he should be prohibited for life. We’ll make sure to bring you updates from the investigation as it progresses.

The payoff that is big

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 given out slightly below 1,400 kroner ($2,070) to at least 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 probability of 174 to 1, and the Uruguayan duly obliged by attaching his gleaming dentition to the neck of Chiellini throughout the Uruguay Italy game, before rolling on the ground feigning injury to his fangs. It appears that over a 150 individuals across Europe have actually won cash on similar bets.

‘ I became looking through some odds ahead of the competition started and I saw this bet and thought I had to take a opportunity,’ Jonathan told the BBC. ‘I desired to place hundreds but my friend told me maybe not to waste my money on such a stupid thing.’

But we nevertheless say 888 will be laughing all the real way to your bank on this one. After all, Suarez has pretty much given them a life time’s promotion 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 profitable casino, the Atlantic City casino market is saturated, therefore the Showboat has been sacrificed to free some room up into the market, owner Caesars Entertainment claims. (Image: cityatlantic.com)

In a city that generally seems to be hit by worse storms that are financial 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.

‘While we regret the impact that this decision could have on our Showboat associates, we believe this can be a necessary step to help stabilize our business in Atlantic City and offer the viability of our remaining operations in the vicinity,’ said Caesars CEO Gary Loveman within an issued declaration. ‘ Since 2006, income 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 towards the difficult but decision that is necessary close Showboat.

‘We sincerely appreciate the solution, dedication and professionalism shown by the employees of the Showboat over time to supply incredible experiences to our customers,’ Loveman added.

Showboat Causes Three

It’s been a difficult year for New Jersey’s beachside resort and its own gambling enterprises; in January, the iconic Atlantic Club shut 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 close, if no buyer steps up in the future that is near.

For the city’s casino workers, this news that is latest, not surprisingly, did not sit well.

‘I’m heartbroken and angry, too upset to respond in an way that is effective’ said Local 54 Unite-HERE casino worker’s union president Bob MCDevitt. When Caesars announced its want to provide Showboat employees with warning red slips later last week, McDevitt minced no words, claiming the casino was certainly profitable and calling the potential closure ‘criminal.’

Loveman says Caesars will help the Showboat’s 2,100 casino workers find new jobs with other company properties, either in Atlantic City or in other US cities where the conglomerate runs business.

Atlantic City mayor Don Guardian was a tad more neutral in his reaction to the turn off announcement.

‘ I’m partnering with the continuing businesses that remain in Atlantic City. I’m sorry that the Showboat is shutting down,’ the mayor said.

Saturated Market

The consensus seems to be there are simply a lot of casinos in Atlantic City; that industry is over saturated and unsustainable, and that it’s being damaged further by competition from casinos in neighboring states. Pennsylvania, which introduced legal casino gambling in the mid-noughties, has now supplanted its neighbor since the second biggest casino video 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 ny State will hit brand New Jersey also harder, with 12 percent of New Jersey gamblers saying, in a current survey, that they will simply take their business to nyc when the new casinos open there. Caesars, which shut down Harrahs Tunica the month, had hinted at a closure that is possible Atlantic City, too. The casino is being sacrificed in order to free up a little room in the market, including Caesars’ own three other Atlantic City casinos despite the fact that the Showboat is profitable, unlike Revel and the Atlantic Club.

While it’s true that the Showboat had been still into 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 working profits, this season’s equivalent period of time just revealed a just-under $2 million profit degree. More over, out regarding the city’s 11 existing casino properties, Showboat came in at Number Seven in profitability, with 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 when it comes to net income, but inaddition it has operating that is relatively low. Bally’s, by comparison, is far more costly to run and showed a loss of $1.6 million over the period that is same.

The casino is expected to stay available and running through towards the 31 shutdown, after which time gamblers will be helped with moving to other city properties, according the Loveman august.

IRS Steps Up Investigation of Macau Gambling Enterprises

The IRS has allegedly joined an investigation to the movement of funds from American 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. As 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 money isn’t just being played around with in the gambling enterprises, and that it’s possible that some cash could find its way into the hands of crooks 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 home elevators what American-owned casino operations there were 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 earlier this month, during a percentage of this conference where the news was banned from the area.

Treasury Department Already Viewing Casino Funds

It’s no surprise that the usa government has brought an interest in the amazing sums of money that are being funneled through Macau resorts and casinos. The Treasury Department had been already maintaining tabs that are close the money movement into and out of gambling enterprises there. Officials from that department were worried that funds of questionable beginning could possibly be flowing from Macau to Las Vegas, and that casinos might not have the controls in place to identify deposits that are suspicious transfers.

The latest investigation ended up being allegedly carried out by the IRS Criminal Investigation unit. It is unclear exactly what the check out to Macau was, though some have speculated https://myfreepokies.com/lightning-link-slot-review/ that it might are a right part of an audit procedure for transactions from Macau to US casinos. Privacy laws in Macau may have made it burdensome for agents to have access to information that is important the United States.

In specific, concerns are raised throughout the funds that come in from junket operators who help organize travel and financing for high-rollers in Macau casinos.

Casinos Asked to Take Precautions

In accordance with sources who had been apparently in the space at that time of his talk, Steiner warned those in attendance that it was important for casinos to really have the proper settings in spot to notice suspicious money movement, and for there to be potential civil or unlawful 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 were outraged to find out that they might need a second piece of identification to verify their addresses, though this was later clarified as being a request that would conserve time on future verification paperwork.

‘This policy is because of federal needs for licensed casinos to utilize all reasonable efforts to acquire a permanent address of its customers, perhaps not an 11th hour change by the WSOP,’ World Series of Poker Executive Director Ty Stewart said in a statement last month.

Based on Reuters, both the IRS and major casino organizations operating in Macau such as for example Las Vegas Sands, Wynn Resorts and MGM Resorts Global declined to discuss the report.