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

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 should thank the toothy Uruguayan within the end. (Image:

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 ties that are officially cutting the Uruguayan striker. After a four-month playing ban by FIFA that effectively finishes 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 absolutely 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 component of the online poker giant; in the end, this wasn’t precisely the first, or second, or third (you get the concept) time that Suarez sank his teeth into a very bad concept.

‘888poker signed Luis Suárez carrying out a fantastic season for which his achievements had been widely recognised,’ said the business in a formally issued statement. ‘Regrettably, after 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.’

If you are now living 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 last Group D showdown last week. Italy ended up being later knocked out by South America, making it a doubly bad day for Chiellini.

Could it be just us or perhaps is the big winner in all of this? By becoming the first of Suarez’s sponsors to officially abandon him within the incident, they basically got a mention in every newsprint and news website in THE WORLD that is WHOLE. Method to make lemonade away from lemons, 888. That bite seems to have kept you with plenty of zest. (Sorry, we are on a pun-athon right now and cannot be stopped).

Brief Encounter

These are branding, the World Cup is a maelstrom of corporate sponsorship as well as the rules are extremely strict on brands, which explains why FIFA has launched a very serious research into Neymar’s underpants. It would appear that the tiny Brazilian playmaker with the dazzling feet and toilet brush hairdo had been seen putting on Speedo underwear through 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 not a licensed FIFA brand and herein lies the problem.

In the middle 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 (. How they propose to find out this we now have no idea.

Were Neymar’s underpants illegal, and, if so, should he need to remove them? Possibly he should be prohibited for life. We’ll be sure to enable you to get 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 fact, crucial 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 an opponent at the 2014 World Cup.

Jonathan Brack, a 23-year-old teacher from Stenungsund, placed the 80 kroner ($12) bet at likelihood of 174 to 1, as well as the Uruguayan duly obliged by attaching their gleaming dentition to the shoulder of Chiellini throughout the Uruguay Italy game, before rolling on to the floor feigning injury to his fangs. It appears that over a 150 people across Europe have actually won money on similar wagers.

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

But we nevertheless say 888 will be laughing all the real way to the 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 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 up some room within the market, owner Caesars Entertainment says. (Image:

In a town that appears 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 formally shut 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.

‘While we regret the impact that this decision may have on our Showboat associates, we believe this may be a necessary action to assist support our business in Atlantic City and offer the viability of our remaining operations in the vicinity,’ said Caesars CEO Gary Loveman in an issued statement. ‘ 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 to your difficult but decision that is necessary 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 Causes Three

It is been a difficult year for New Jersey’s beachside resort and its particular casinos; 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 into the forseeable future.

For the town’s casino workers, this news that is latest, needless to say, did not sit well.

‘I’m heartbroken and crazy, too angry to respond in an effective way,’ 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 the other day, McDevitt minced no words, claiming the casino was indeed lucrative and calling the potential closure ‘criminal.’

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

Atlantic City mayor Don Guardian was a tad more neutral in their response to the shut down announcement.

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

Saturated Market

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 that it’s being damaged further by competition from casinos in neighboring states. Pennsylvania, which introduced legal casino gambling within the mid-noughties, has now supplanted its neighbor because the second casino gaming market that is biggest in the United States, after Nevada. Nj has lost 40 % of its revenue since 2006.

Meanwhile, the expansion of casino gambling in ny State will hit New Jersey also harder, with 12 percent of New Jersey gamblers saying, in a recent survey, that they’ll just take their company to nyc when 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 had been still within the black for Q1 of 2014, its books showed an extreme drop from the same time period last year. This year’s equivalent time period only showed a just-under $2 million profit level while first quarter 2013 brought in some $8.5 million in gross operating profits. More over, out for 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 in terms of net income, but it addittionally has relatively low operating expenses. Bally’s, by comparison, is far more costly to perform and showed a lack of $1.6 million over the period that is same.

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

IRS Steps Up Research of Macau Gambling Enterprises

The IRS has allegedly joined up with an investigation in to the movement of funds from American company-owned Macau casinos. (Image:

The amount of money that is passed around in a day that is single Macau would boggle most minds. While 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 tactile hands of criminals or hidden from governments.

That’s why agents from the usa Internal Revenue Service (IRS) reportedly traveled to Macau in May in order to collect home elevators just what casino that is american-owned there had been doing with their money. A Reuters report quoted anonymous sources who say that IRS special agent Adam Steiner revealed the Macau investigation at a Las Vegas anti-money laundering conference earlier this month, during a portion associated with the conference in which the news was barred from the area.

Treasury Department Casino that is already watching Funds

It’s no surprise that the usa government has had an interest in the incredible sums of money that are being funneled through Macau resorts and casinos. The Treasury Department had been already keeping close tabs on the money movement into and out of casinos there. Officials from that division have now been worried that funds of dubious origin could possibly be flowing from Macau to Las Vegas, and that casinos may well not have the settings in position to detect suspicious deposits and transfers.

The investigation that is latest had been allegedly carried out by the IRS Criminal Investigation unit. It is unclear just what the visit to Macau had been, though some have speculated that it might have now been a right section of an audit procedure for transactions from Macau to US casinos. Privacy laws in Macau may have made it hard for agents getting access to information that is important the united states of america.

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

Casinos Asked to Take Precautions

Based on sources have been apparently in 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.

While there may well not be described as a direct connection, these problems could help explain changes in policy that temporarily threw players for a loop at this year’s World group of Poker. Many players were outraged to find out that they might require a piece that is second of to verify their details, though this was later clarified as being a request that would conserve time on future verification paperwork.

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

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 Global declined to comment on the report.

Comments are closed.

image image image