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

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

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

It’s all over but the shouting: as we reported earlier this week, the Bite That Rocked the World Cup, aka Luis Suarez loses his mind, now has 888poker ties that are officially cutting the Uruguayan striker. Following a four-month playing ban by FIFA that efficiently ends their World Cup play, Suarez must now face the sobering reality than he could chew this time, career-wise that he bit off more.

It was only last thirty days 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 part of the online poker giant; all things considered, this wasn’t precisely the first, or second, or third (you get the idea) time that Suarez sank his teeth into a really idea that is bad.

‘888poker finalized Luis Suárez following a season that is fantastic which his achievements were widely recognised,’ said the organization in an officially issued declaration. ‘Regrettably, following their actions during Uruguay’s World Cup match against Italy on Tuesday, 888poker has decided to end Luis Suárez to its relationship with immediate effect.’

In case 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 complement between Uruguay and Italy as the last Group D showdown last week. Italy ended up being later on knocked out by South America, making it a day that is doubly bad Chiellini.

Is it just us or is 888.com the big winner in all this? By becoming the to begin Suarez’s sponsors to officially abandon him within the incident, they basically got a mention in every newspaper and news website in THE WHOLE WORLD. Solution to make lemonade away from lemons, 888. That bite appears to have kept you with plenty of zest. (Sorry, we’re for a pun-athon now and cannot be stopped).

Brief Encounter

Speaking of branding, the planet Cup is a maelstrom of corporate sponsorship therefore the rules are exceedingly strict on brands, which is the reason why FIFA has launched a very serious research into Neymar’s underpants. It would appear that the small Brazilian playmaker with the dazzling feet and toilet brush hairdo was seen wearing Speedo underwear through 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 perhaps not a licensed FIFA brand and herein lies the problem.

At the heart for the investigation is whether Neymar purposefully exposed the Speedo logo on their 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 unlawful, and, if so, should he be forced to remove them? Possibly he is banned for life. We’ll 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 top Bite Theory before it happened; we now have even more details on how that all played out.

In reality, important news reaches us from Sweden, where bookies have paid 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 23-year-old teacher from Stenungsund, placed the 80 kroner ($12) bet at probability of 174 to 1, plus the Uruguayan duly obliged by connecting his gleaming dentition towards the neck of Chiellini during 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 wagers.

‘ I became looking through some odds before the tournament started and I also saw this bet and thought I had to take a possibility,’ Jonathan told the BBC. ‘I wanted to place hundreds but my friend told me not to waste my money on this kind of stupid thing.’

But we still state 888 will be laughing all the real 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 don’t have to pay him anymore.

Caesars Showboat Closing Down in Atlantic City

Despite being a lucrative casino, the Atlantic City casino market is saturated, therefore the Showboat will be sacrificed to free some room up within the market, owner Caesars Entertainment says. (Image: cityatlantic.com)

In a city that 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 formally close on August 31. Based on 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, income 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 close Showboat.

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

Showboat Causes Three

It is been a hardcore 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 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, would myfreepokies.com not stay well.

‘I’m heartbroken and angry, too upset to respond within an way that is effective’ said Local 54 Unite-HERE casino worker’s union president Bob MCDevitt. When Caesars announced its intend to provide Showboat employees with warning red slips week that is late last McDevitt minced no words, claiming the casino was certainly profitable and calling the prospective 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 towns where the conglomerate runs business.

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

‘ I’m partnering with all the organizations that stay in Atlantic City. I’m very sorry that the Showboat is shutting down,’ the mayor said.

Saturated Market

The opinion seems to be that there are simply a lot of casinos in Atlantic City; that the marketplace is over saturated and unsustainable, and that it’s being damaged further by competition from gambling enterprises in neighboring states. Pennsylvania, which introduced legal casino gambling in the mid-noughties, has now supplanted its neighbor due to the fact second biggest casino video gaming market in the US, after Nevada. Nj has lost 40 % 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 current survey, that they will just take their business to ny once the new casinos open there. Caesars, which shut down Harrahs Tunica the month, had hinted at a feasible closure in 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 was still in the black for Q1 of 2014, its books showed a drastic drop from the same time frame period year that is last. While first quarter 2013 brought in some $8.5 million in gross running profits, this season’s equivalent time period only showed a just-under $2 million revenue level. Moreover, out of the town’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 littlest of Caesars’ Atlantic City properties when it comes to net income, but it addittionally has relatively low operating expenses. Bally’s, by comparison, is far more expensive to operate and showed a lack of $1.6 million over the period that is same.

The casino is anticipated to remain open and operating through to your August 31 shutdown, after which time gamblers will likely be helped with going to other city properties, according the Loveman.

IRS Steps Up Research of Macau Casinos

The IRS has allegedly joined an investigation into the flow of funds from American company-owned Macau casinos. (Image: tripadvisor.com)

The quantity of money that is passed around in a day that is single 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 it’s possible that some dough could find its means into the tactile hands of criminals or hidden from governments.

That’s why agents from the United States Internal Revenue Service (IRS) reportedly traveled to Macau in might in order to assemble home elevators exactly 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 revealed the Macau investigation at a Las Vegas anti-money laundering conference earlier in the day this month, during a percentage regarding the conference in which the media was banned from the area.

Treasury Department Casino that is already watching Funds

It’s not surprising 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 already been keeping tabs that are close the money movement into and out of gambling enterprises here. Officials from that department are worried that funds of questionable beginning could be flowing from Macau to Las vegas, nevada, and that gambling enterprises might not have the controls set up to identify deposits that are suspicious transfers.

The investigation that is latest was allegedly conducted by the IRS Criminal Investigation unit. It is unclear exactly what the see to Macau ended up being, though some have speculated that it might have already been a right element of an audit process for transactions from Macau to US casinos. Privacy laws in Macau might have made it burdensome for agents to have access to important information from the United States.

In specific, concerns have been raised over the funds that come in from junket operators whom help arrange financing and travel for high-rollers in Macau casinos.

Casinos Asked to Take Precautions

In accordance with sources who had been reportedly in the room at 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.

While there may well not be considered a direct connection, these problems could help explain alterations in policy that temporarily threw players for a loop at this year’s World group of Poker. Many players were outraged to discover that they might need a 2nd piece of recognition to verify their addresses, though this is later clarified being a request that would save yourself time on future verification paperwork.

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

Based on Reuters, both the IRS and casino that is major operating in Macau such as for example Las Vegas Sands, Wynn Resorts and MGM Resorts Overseas declined to touch upon the report.