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House of Cards® Gaming Report for the Week of July 4, 2022

This week’s stories include Wheel of Fortune online casino to launch, BetMGM and Carnival Cruises announce deal and winning a jackpot in a minute.

Have any news or tips regarding casinos, gaming or legislation? Send us an email at newsroom@houseofcardsradio.com and follow House of Cards® on twitter at @hocradio!

House of Cards® - Ep. 754

Now in its Fourteenth Year!

This week Dave talks with John Latella, co-founder of Legacy Fantasy Sports, which is a fantasy sports platform that includes both current and historical legacy athletes.

Interested in appearing on the show or advertising with the nation's only syndicated casino industry broadcast radio show, email us!

Brought to you by Drizly! Get alcohol delivered right to your door! Save $5 on your first order of $20 or more with Drizly using our promo code DRINK19 at checkout at www.drizly.com

House of Cards® - Ep. 753

Now in its Fourteenth Year!

This week Dave talks with returning guest Chris Altruda (US Bets, SportsHandle) about the latest sports betting industry news, including updates from Illinois and the Saudi golf league.

Interested in appearing on the show or advertising with the nation's only syndicated casino industry broadcast radio show, email us!

Brought to you by Drizly! Get alcohol delivered right to your door! Save $5 on your first order of $20 or more with Drizly using our promo code DRINK19 at checkout at www.drizly.com

WORLD POKER TOUR® ADDS POKER LEGEND DOYLE BRUNSON TO AMBASSADOR ROSTER

Irvine, CA (June 21, 2022) – Poker Hall of Fame inductee and WPT® Champions Club member Doyle Brunson joins the expanding lineup of World Poker Tour® ambassadors. As WPT’s newest representative, Brunson will attend WPT events and work alongside online partners in promotional efforts. Under his new ambassadorship, poker players and fans will have opportunities to meet with Doyle throughout the WPT live tournament schedule.

“Doyle has been a part of the World Poker Tour from the very beginning,” said Adam Pliska, World Poker Tour CEO. “I was there for his WPT Legends of Poker victory in 2004 when he joined the WPT Champions Club, and to also be here to welcome him to the WPT family after all this time feels surreal.”

Brunson is the latest addition in a wave of WPT Ambassador signings since the start of Season XX, including poker vloggers Brad Owen and Andrew Neeme, and superstar DJ Steve Aoki.

In his younger years, Brunson progressed quickly from a scouted basketball player to a poker enthusiast, then to a professional gambler. His poker career is considered to be one of the most decorated of all-time, and he is one of the only poker players to ever become a member of the WPT Champions Club, a WSOP Main Event Winner, and a Poker Hall of Fame inductee.

In addition to his tournament poker success, Brunson has authored several formative poker strategy books and played in some of the highest stakes cash games in the world. His 10 WSOP bracelet wins put him into an elite club of players to ever attain that many: Johnny Chan (10), Phil Ivey (10), and fellow WPT Ambassador Phil Hellmuth (16).

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Legendary Producer Steve Albini Wins World Series of Poker Tournament (Again)

Loudwire

Iconic rock, metal and punk music producer Steve Albini won his second World Series of Poker (WSOP) tournament over the weekend. That's after he achieved his first World Series of Poker bracelet, the highest non-monetary prize at the annual Las Vegas poker competition, in 2018.

This time around, Albini — the Shellac guitarist and vocalist who produced Nirvana's In Utero (1993) and the Pixies' Surfer Rosa (1988), among other influential rock albums — took down a $1,500 H.O.R.S.E event for $196,089 on Saturday (June 18). H.O.R.S.E. is a multi-game poker challenge combining Texas Hold 'Em and other variants of the card game where players wager over whose hand is best.

Get $50 Free Play at WSOP.com - Just for signing up you’ll unlock the first $25 in freeplay, then unlock the next $25 in freeplay by making your first deposit. Start reaping the benefits of joining the #1 real money poker site in the world.

Of course, Albini is not a professional poker player. It's only the musician and record maker's hobby. But on Saturday, he beat a stable of 773 other poker players, the group composed of both pro players and mixed game specialists.

"Everything in my life comes in pieces, in parts," Albini serenely told WSOP.com after his win, adding, "Poker is one part of my life."

The producer explained, "When I'm playing poker, I try to commit to it. I try to take it seriously. I try to make sure I devote the attention to it that it deserves as an occupation. But it's only part of my year. I only play tournaments at the World Series of Poker. I play cash games informally in Chicago. It's a part of my livelihood, but it's not my profession."

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The Best of Poker at BetMGM

BetMGM offers an incredible range of poker games to those who enjoy both casual and competitive tournament play. Join us as we take a look at the thrilling casual games and tournaments, both for offline and online poker play, at BetMGM.

A list of our thrilling poker games

If you’re already up to speed with how to play poker, as well as the basic rules of poker tournaments, you’re ready to join in one of the exciting casual and competitive events we host for offline and online poker in the USA and Canada. However, not all of our poker games and tournaments are available in all areas where BetMGM operates. American and Canadian poker players will be able to enjoy online BetMGM tournaments in the following regions:

Michigan – MI
New Jersey – NJ
Ontario – ON
Pennsylvania – PA

Our exciting BetMGM $1 Million Poker Championship will also be held in person at the ARIA Resort & Casino in Las Vegas, but qualifiers will take place online for those who think they can secure a seat through a satellite event. 

Here’s a list of some of the poker action that you can take part in with BetMGM, together with the participating locations:

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House of Cards® Gaming Report for the Week of June 20, 2022

This week’s stories include a great month for the Maryland gaming industry, Fourth of July hotel prices in Vegas and a historic poker tournament.

Have any news or tips regarding casinos, gaming or legislation? Send us an email at newsroom@houseofcardsradio.com and follow House of Cards® on twitter at @hocradio!

THE STRUGGLE BETWEEN CASINOS AND ADVANTAGE PLAYERS

In a recent podcast, “When the house can’t win the game, it will change the rules” (June 9, 2022), Walter Bradley Center director Robert J. Marks continued his discussion with mathematician, computer scientist, and engineer Salvador Cordova on the mathematics of gambling — why the odds are stacked against the gambler — or, depending on a gambler’s skill and knowledge of the circumstances, maybe they aren’t…

Marks and Cordova ended Episode 1 by discussing the famous advantage player Don Johnson who cleaned out Atlantic City for tens of millions of dollars in 2011. What was his secret?

Sal Cordova: He was very good at his craft.

Robert J. Marks: … he used comps in order to offset his probability of loss and was able to turn that to his advantage and won tens of millions of dollars. They had to have found him out because if I was him, I would keep on going until somebody kicked me out.

(Note: Comps are free games, kickbacks, etc., intended to keep players gambling.)

Sal Cordova: Well, probably even before they found him out, it was just… they were losing so much money. They said “We can’t afford to keep this guy here.” And I can’t believe that this is such obvious, basic math. So the comps that he was offered was a loss rebate. So he was playing a losing game of blackjack. But again, going back to the Law of Large Numbers, his loss rate was only half a percent. And they’re giving him loss rebates of 10 to 20%.

Robert J. Marks: Was he card counting?

CONTINUE READING

House of Cards® - Ep. 752

Now in its Fourteenth Year!

This week Dave talks with Greg Kajewski & James Seils, co-founders of BettorEdge to discuss their new social media meets betting marketplace concept that is growing rapidly in the US.

Interested in appearing on the show or advertising with the nation's only syndicated casino industry broadcast radio show, email us!

Brought to you by Drizly! Get alcohol delivered right to your door! Save $5 on your first order of $20 or more with Drizly using our promo code DRINK19 at checkout at www.drizly.com

The casino floor: Time for a reboot?

Much of the evolution we can expect to see in casinos comes from technological installations, so what digital equipment could we see dominate the gambling floor in the near future? Gambling Insider asked Michael Jabara, industry veteran and founder of mobile casino game supplier OneLIVE Inc, what he thought we could realistically expect to see in the casino of the future

When will we see VR games located on the casino floor?

Onelive believes that VR games will first find a home in the millennial-focused lounges, bars and social gathering spaces now being planned by the leading operators. These "Gaming floors of the future" will look very different than the rows and rows of slot machines and tables that currently exist. Rather, they will be social gathering places where small and large groups can interact. In these "Cool" spots, we think that VR will work best for social gaming, tournaments and contests, where the players actually see each other in the game. This of course is old news for console game and esports players but a very new concept for the traditional north American casino operator.

Do you think physical chips will be replaced by digital casino currency on table games?

It's already happening with some of the shuffle master and LT games products. However, the jury is still out on whether the feel of the chip in the player's hand and the stack on the table will ever go away. And given the increasing focus on money laundering, I think it will be a while before north american regulators feel comfortable allowing block-chain currency such at bitcoin in regulated casinos, whether online or land-based. That could change if corporate America and governments embrace it as a method of payment.

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