World Poker Tour Signs Asian Licensing Deal with Ourgame Overseas

World P<span id="more-95287"></span>oker Tour Signs Asian Licensing Deal with Ourgame Overseas

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

The entire world Poker Tour is taking steps to increase its presence in Asia by signing a licensing and agreement that is promotional Ourgame Global.

Ourgame and the WPT have previously worked together in the last, including having partnered to produce the WPT National China poker tournament.

Ourgame is a card that is online board game company with a strong presence in many Asian markets.

The philippines and Vietnam under the terms of the agreement, Ourgame will have the exclusive right to use the WPT logo and trademarks in over a dozen Asian nations, including China, Hong Kong, Indonesia, Korea, Macau, Malaysia, Taiwan, Thailand.

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

WPT Hopes to Expand Footprint in Asia

‘The World Poker Tour has worked difficult to expand its footprint throughout Asian territories over the last years that are few much success,’ said WPT President Adam Pliska. ‘A big element of this success was centered on our strong working partnership with Ourgame, who established WPT nationwide China at MGM Grand Sanya.’

‘By dealing with Ourgame to expand the WPT brand in Asia, we are assuring that the recent growth that is strong of WPT in your community will continue for many years into the future,’ he added.

For Ourgame, the move gives the business the power to make use of certainly one of the world’s most powerful poker brands while they work to expand their reach through the spot.

‘As Asia’s leading card and game platform, we are very pleased to have found a great international partner in the World Poker Tour, as we start to expand from China to Asia,’ stated Ourgame CEO Frank Ng. ‘Over the past three years, we’ve worked together to not only establish WPT National China as one of the biggest and most influential poker events in Asia, but also introduced world-class poker tournaments towards the fast-expanding Chinese poker community casino-online-australia.net.’

The WPT’s brand and global experience is a significant asset to us that we will together attain much more success in Asia. as we expand overseas, and we’ve every self-confidence’

China Could Be Major Growth Market for Poker

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

Which could come as being a surprise to some, considering the restrictive gambling laws in spot in mainland China that normally send Chinese gamblers to Macau or other destinations when they would like to spot their bets.

But the WPT has handled to launch one or more poker that is major on the mainland, one that has quite an interesting story behind it. For a time that is long Asia didn’t have much of a poker scene, at least not one that played the kinds of games you’d find at the planet group of Poker.

Instead, Chinese gamblers played a game understood as tractor poker, a two deck game with jokers by which players tried to win tricks, as in connection or spades.

Wanting access to China, the WPT effectively won a license to televise the nationwide Tractor Poker Tournament in the national country starting in 2007. Across the exact same time, Macau casinos began offering Texas Hold’em and other customary forms of poker, raising interest in those games through the entire region.

In 2012, the WPT ended up being granted permission by the China Leisure Sports Administration to change their tournament up to a no-limit hold’em format: a change that has now remained in spot for days gone by three years.

Vegas Soccer Stadium Approved by City Council

An artist’s rendition of how the completed vegas soccer stadium might look. The record handle foe the vegas sports books during the World Cup suggests there could be 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 $200 million arena task that hopes to entice the sport to the city.

The City Council has agreed to contribute $25 million towards the construction for the venue that is 24,000-seat Symphony Park, plus a further $31.5 million on improving infrastructure at the web site.

Meanwhile, the developers will contribute $133.5 million toward construction costs and will cover the price of acquiring the franchise, which is anticipated 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 construct.

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

Mixed Feelings

Despite a real desire for a major league team in vegas, reactions to the idea of a soccer team have been blended, mainly due to concerns about the cost 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 influence the profitability regarding the venture.

However, the Las Vegas recreations books are always a better indicator of the mood that is public the issues than any survey ever could possibly be, and the record handle taken at the World Cup in June indicate a Las Vegas appetite for soccer, and betting on it, is huge.

The activities books reported the biggest handle ever recorded throughout the thirty days of June, frequently the slowest time of the year. Some big sports books on the Strip even reported ‘NFL Football-like’ crowds Team USA that is watching matches.

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

Forward Thinking

‘ Our charge would be to help the downtown sustain a viability as a destination in the future to,’ she said. ‘We’re forward 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 and the Las Vegas City Council for approving the measure to aid a public-private partnership to build a new soccer arena in downtown Las Vegas,’ it stated. ‘We look forward to continuing the Cordish Company to our discussions and Findlay Sports & Entertainment regarding a potential expansion group for Las Vegas.’

Plus it may not be the sole major recreations team winging its method to Las Vegas quickly.

MGM Resorts Global is understood to be in initial talks by having a team that really wants to bring A national Hockey League Team to Las Vegas to play at its $350 million new sports arena.

The MGM-AEG that is 20,000-seater Arena currently under construction behind New York ny and is likely to be completed in early 2006.

Sam Nazarian Granted Gaming License Despite Checkered History

Sam Nazarian, who was awarded a gaming license by skin of his teeth; nonetheless he must have nothing to accomplish aided by the running that is day-to-day of casino. (Image: jewishbusiness.com)

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

The LA nightclub mogul was in fact anticipated to be refused a license after disclosures during a recent routine hearing that he had lied about cocaine usage and had made around $3 million in payments to a man called Derrick Armstrong, a shadowy figure with a history that is criminal.

A number of this money had discovered its method 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 address the Gaming Commission himself, but had been arrested beyond your building on suspicion of grand theft and moving bad checks.

Substance Abuse

As owner of a ten per cent stake in SLS, Nazarian is necessary by law to possess a gaming license, as does anybody who owns more than 5 % of a casino in Nevada.

Three of the four-member Control Board panel said they had initially planned to deny a license but softened their stance during the hearing, awarding a one-year gaming that is limited with a raft of conditions, one of which stipulated that Nazarian must refrain from involving himself in the day-to-day management regarding the casino.

He additionally needs to undergo drug-testing that is regular.

Nazarian apologized to the Control Board for his dishonesty about his drug-taking and admitted past usage of ecstasy, cocaine and cannabis and he is looking for help from a substance abuse professional in LA.

‘It’s maybe not been easy looking into the mirror,’ Nazarian told the hearing. ‘I apologize to the gaming agents for not being candid. I also apologize to the board people. ‘My parents are disappointed, however they are really supportive,’ he included.

The Nazarian family, which left its native Iran for the united states 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 stated 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 as he employed him to modify his number of exotic vehicles.

Armstrong then borrowed money from Nazarian to open car shop, before demanding $1 million more while threatening to harm or embarrass him.

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

‘All I require is a opportunity to regain your trust,’ Nazarian stated. ‘You’ve got my dedication, and I apologize for the mistakes I made.’

‘the board is wanted by me in 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 your self.’

Gaming Commissioner John Moran Jr said: ‘I’ve listened to you today and you swayed me a little. We want to put enough conditions for you so you never mess up.’

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