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 need to thank the toothy Uruguayan in the end. (Image:

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 officially cutting ties with the Uruguayan striker. After a four-month playing ban by FIFA that effectively stops 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 had been only final month that 888 signed the, um, colorful character that is Suarez to its ambassador program, and even then, it appeared as if a shaky bet on the component of the on line poker giant; in the end, this wasn’t exactly the first, or second, or third (you have the concept) time that Suarez sank his teeth into a tremendously bad concept.

‘888poker finalized Luis Suárez following a season that is fantastic which his achievements had been widely recognised,’ said the business in a formally issued statement. ‘Regrettably, after his actions during Uruguay’s World Cup match against Italy on Tuesday, 888poker has decided to terminate Luis Suárez to its relationship with instant effect.’

If you inhabit a bubble and haven’t heard the gory details, the FIFA ban and 888 shunning have a much-publicized dental assault on Italian player Giorgio Chiellini during the pair’s match between Uruguay and Italy as the final Group D showdown the other day. Italy was later on knocked out by South America, making it a doubly bad day for Chiellini.

Is it just us or is the big winner in all this? By becoming the first of Suarez’s sponsors to officially ditch him on the incident, they almost got a mention in every newspaper and news website in THE WHOLE WORLD. Way to make lemonade away from lemons, 888. That bite seemingly have kept you with lots of zest. (Sorry, our company is for a pun-athon at this time and cannot be stopped).

Brief Encounter

Talking about branding, the entire world Cup is a maelstrom of corporate sponsorship as well as the rules are exceedingly strict on brands, which is the reason why FIFA has launched a very investigation that is serious Neymar’s underpants. It appears that the tiny Brazilian playmaker with the dazzling feet and toilet brush hairdo was seen putting on Speedo underwear through the customary post-match exchange of shirts when Brazil played Cameroon the other day.

Now, Speedo, although it does makes very nice underwear, is not a licensed FIFA brand name and herein lies the situation.

In the centre regarding the investigation is whether Neymar purposefully exposed the Speedo logo on their underwear or whether it was pure accident that the offending articles had ridden up slightly above his shorts (it happens!). We have no idea how they propose to determine this.

Were Neymar’s underpants illegal, and, if so, should he need to remove them? Maybe he should be banned for life. We will be sure to bring you updates from the research 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, essential news reaches us from Sweden, where bookies have paid out just under 1,400 kroner ($2,070) to at least 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 instructor from Stenungsund, placed the 80 kroner ($12) bet at likelihood of 174 to 1, and the Uruguayan duly obliged by attaching their gleaming dentition to the neck of Chiellini through the Uruguay Italy game, before rolling on the ground feigning injury to his fangs. It seems that over a 150 individuals across Europe have actually won money on similar bets.

‘ I happened to be looking through some odds prior to the competition started and I also saw this bet and thought I had to take a opportunity,’ Jonathan told the BBC. ‘I desired to place hundreds but my friend told me perhaps not to waste my money on such a stupid thing.’

But we nevertheless state 888 will be laughing all the real way to the bank on this one. After all, Suarez has pretty much given them a lifetime’s publicity 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 lucrative casino, the Atlantic City casino market is saturated, while the Showboat has been sacrificed to free some room up in the market, owner Caesars Entertainment states. (Image:

In a town that generally seems 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 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 the difficult but decision that is necessary shut Showboat.

‘We sincerely appreciate the service, dedication and professionalism shown by the employees of the Showboat through the years to give our customers with incredible experiences,’ Loveman added.

Showboat Makes Three

It’s been a hardcore year for New Jersey’s beachside resort and its own casinos; in January, the iconic Atlantic Club closed after several buying 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 shut, if no buyer steps up into the future that is near.

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

‘I’m heartbroken and crazy, too annoyed to respond within an way that is effective’ said Local 54 Unite-HERE casino worker’s union president Bob MCDevitt. When Caesars announced its want to present Showboat employees with warning red slips later a week ago, McDevitt minced no words, claiming the casino was certainly profitable and calling the possible closure ‘criminal.’

Loveman says Caesars can help the Showboat’s 2,100 casino workers find new jobs with other company 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 his response to the shut down announcement.

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

Saturated Market

The opinion seems to be that there are simply casinos that are too many Atlantic City; that the market is over saturated and unsustainable, and that it is being damaged further by competition from gambling enterprises in neighboring states. Pennsylvania, which introduced legal casino gambling within the mid-noughties, has now supplanted its neighbor due to the fact second casino gaming market that is biggest in the United States, after Nevada. Nj has lost 40 percent of its revenue since 2006.

Meanwhile, the expansion of casino gambling in ny State will hit brand New Jersey even harder, with 12 percent of New Jersey gamblers saying, in a present survey, that they’ll just take their business to nyc after the new casinos open there. Caesars, which shut down Harrahs Tunica the thirty days, had hinted at a closure that is possible 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.

Although it’s true that the Showboat ended up being still in the black for Q1 of 2014, its books showed an extreme drop from the same time frame period year that is last. While first quarter 2013 earned some $8.5 million in gross running profits, in 2010’s equivalent time period only showed a just-under $2 million revenue level. Moreover, out of this 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 schedule year that is last.

The Mardi Gras-themed Showboat opened in 1987 and was purchased by Caesars in 1998. It’s the smallest of Caesars’ Atlantic City properties with regards to net income, but inaddition it has relatively low operating costs. Bally’s, by comparison, is far more expensive to perform and showed a loss of $1.6 million over the period that is same.

The casino is expected to keep open and running through towards the August 31 shutdown, after which time gamblers are going to be contributed to moving to other city properties, according the Loveman.

IRS Steps Up Investigation of Macau Gambling Enterprises

The IRS has allegedly joined an investigation to the flow of funds from American company-owned Macau gambling enterprises. (Image:

The total 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 arriving at $45.2 billion. But some fear that this money isn’t just being played around with in the casinos, and that it’s possible that some cash could find its method into the hands of criminals or hidden from governments.

That is why agents from the united states of america Internal Revenue Service (IRS) reportedly traveled to Macau in May in order to gather home elevators just what casino that is american-owned there were doing with their money. A Reuters report quoted anonymous sources who say that IRS special representative Adam Steiner unveiled the Macau investigation at a Las Vegas anti-money laundering conference early in the day this month, during a portion associated with conference when the news was barred from the room.

Treasury Department Already Watching Casino Funds

It’s no real surprise that the usa government has taken an interest in the incredible sums of money that are being funneled through Macau resorts and casinos. The Treasury Department had been already keeping tabs that are close the money movement into and out of gambling enterprises here. Officials from that division happen worried that funds of dubious beginning might be flowing from Macau to Las vegas, nevada, and that casinos may well not have the controls set up to identify deposits that are suspicious transfers.

The investigation that is latest ended up being 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 may happen a right section of an audit process for transactions from Macau to US casinos. Privacy regulations in Macau might have made it burdensome for agents getting access to information that is important the united states of america.

In specific, concerns were raised within the funds that come in from junket operators whom help organize financing and travel for high-rollers in Macau casinos.

Casinos Asked to Take Precautions

In accordance with sources have been reportedly into the room 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.

These issues could help explain changes in policy that temporarily threw players for a loop at this year’s World Series of Poker while there may not be a direct connection. Numerous players had been outraged to discover that they might desire a piece that is second of to verify their addresses, though this is later clarified 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 target of its customers, perhaps not an 11th hour shift by the WSOP,’ World Series of Poker Executive Director Ty Stewart said in a statement last month.

According to Reuters, both the IRS and casino that is major operating in Macau such as Las Vegas Sands, Wynn Resorts and MGM Resorts International declined to discuss the report.