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CAESARS CEO OPTIMISTIC ON ONLINE POKER LEGALISATION
Friday August 26,2011 : Providing that Congress gets into gear, legalisation could be possible this year
Gary Loveman, CEO of the Las Vegas-based gambling giant Caesars Entertainment, has again pushed the online poker agenda forward in a televised public interview.
Appearing on Fox Business News Wednesday, Loveman was asked about the potential for online poker being legalised in the United States, and offered a bullish opinion that, provided Congress can provide the necessary functionality to get legislation through, it could even be achieved this year.
Loveman said that there was significant potential in a business sense if his company was allowed to offer federally legal internet poker, for which there was clearly considerable demand in the United States.
Loveman has been a consistent and high profile supporter of (federally) legalised online poker in the United States.
Caesars is currently making headlines with its ambitious plans to expand its land gambling interests in Las Vegas, too, announcing a $550 million outdoor entertainment, shopping, and dining district near the Las Vegas Strip, with ground breaking set for September 2011.
The development, called The Linq, will be built behind the Imperial Palace and Flamingo hotels, with its equivalent of the London Eye and the Singapore Flyer - the Las Vegas High Roller - planned as the world's highest observation wheel.
Caesars will also completely refurbish, re-theme, and rename the Imperial Palace when the lease on the brand expires next year, and O'Sheas Casino will be demolished and incorporated into the new Imperial Palace.
The High Roller observation wheel is schduled to open in late 2013. It will have around 30 spherical cabins that each hold up to 40 passengers for the wheel's 30-minute revolution.
Other Linq plans include an open-air marketplace with 30 to 40 storefronts, about 70 percent of which will be restaurants and bars, targeted on the youthful market with the emphasis on entertainment.
Caesars has beaten another project to the punch with its Las Vegas High Roller wheel; Nevada investor Howard Bulloch announced in May this year that he planned to construct a 500-foot-tall Ferris wheel on the Strip's south end.
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To win, you need to get a pair of Tens or better. Jerry K., however, got a much higher hand than the minimum; he pocketed $397,879 after landing the game’s best possible hand: a royal flush.
NBA : Warriors Win the West; NBA Finals Next -
The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.
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NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
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The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
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PKR Company Statement Update -
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Microgaming Wins The Spark Award 2017 -
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NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
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