Posts Tagged ‘Crown Casino’

Crown Resorts Limited Acquires Las Vegas Site

by | Published: Saturday, August 9th, 2014

It was revealed earlier this week that Crown Resorts Limited acquired a 34.6-acre vacant site on Las Vegas Boulevard for approximately $280 million. The site, which was previously occupied by the New Frontier Casino, was bought via a foreclosure auction.

Crown Resorts, while new to the American scene, is one of the largest entertainment groups in Australia. The corporation is behind the southern hemisphere’s most prestigious tournament series – the Aussie Millions. The schedule for the 2015 Aussie Millions Poker Championship was just released, which you can read about here.

Crown Resorts have created a new unnamed resort company for the Las Vegas site, along with Andrew Pascal—former President and COO of Wynn Las Vegas—and with financial support from Oaktree Capital Management L.P.

Plans for the site are still being finalized, but according to a press release the company is set to break ground in the latter half of 2015 and have the project complete by 2018.

crown resort casino“For over 25 years, I’ve studied the ever‐shifting Las Vegas landscape,” said Pascal, who will serve as a Chairman and CEO of the new company. “I’ve always been inspired by this city’s capacity for reinvention. I’m excited to have my hand in crafting something new and fresh for the resurgent Las Vegas market.”

Likewise, Chairman of Crown Resorts Limited James Packer, who will also serve as a Chairman of the new company said, “You can’t be in the gaming industry and not have a special reverence for Las Vegas — that’s where it all began. As we have built Crown Resorts into a thriving international company with successful casino ventures in Australia, Macau, and London, we’ve always kept our eye on Las Vegas. And while we fell short in past attempts to enter that market, we now have the ideal opportunity — with a great local partner in Andrew, a leading financial investor in Oaktree, and the perfect piece of property.”

“We acquired our interest in the storied Frontier site because we believed it was the best piece of undeveloped land on the Las Vegas Strip,” said Bruce Karsh, President of Oaktree, a leader among global investment managers specializing in alternative investments. “When Andrew approached us and shared his vision for the site and his partnership with Crown, we were eager to reinvest a portion of the proceeds from our debt investment and become an equity partner in their exciting new venture.”

This is Crown’s third attempt at gaining entry into the Las Vegas scene after Fontainebleau Resorts LLC and Cannery Casino Resorts LLC both failed to develop.

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2014 World Series of Poker Asia-Pacific Schedule Announced

by | Published: Tuesday, April 29th, 2014

The eye of the poker world will be squarely focused on Melbourne, Australia later this year when the 2014 World Series of Poker Asia-Pacific comes to town. The schedule for the event was released last week, announcing the festival will take place over two weeks from October 2-18, and will offer 10 gold bracelet events.

Crown Casino Melbourne will once again play host to the event, which will also see the culmination of the 2014 WSOP Player of the Year race.

“Bigger and better is the best way to describe the 2014 WSOP Asia-Pacific,” said WSOP Executive Director Ty Stewart in the press release. “New events at modest price points like the Dealer’s Choice and Terminator No-Limit Hold’em, plus an expansion of overall events and a move to springtime in Melbourne is designed to encourage the North American and European contingent to make this a can’t-miss event. Plus, we have secured the most comprehensive live television coverage in both the U.S. and Australia for both the Main Event and High Roller.”

The “live” television coverage Stewart discusses will be for the AU$10,000 Main Event, which starts on October 12, and the AU$25,000 High Roller, which starts on October 15. Though toted as being live, the two events will be viewed with a one-hour delay on ESPN television both in Australia and the U.S. on October 176 and 18. According to the WSOP, “The live television window includes 6-8 hours of coverage a day, meaning nearly every hand of the final table of each the Main Event and High Roller will be seen by viewers around the globe.”

“We are really excited that the WSOP Asia-Pacific is returning to Melbourne,” said Gus Seebeck, ESPN’s General Manager of Australia and New Zealand. “It’s a fantastic event and ESPN’s expanded coverage will bring poker fans around the world even closer to the action.”

The series, which kicks off on October 2 with the AU$1,100 No-Limit Hold’em Accumulator, will offer buy-ins ranging from as low as AU$1,100 up to AU$25,000. The Accumulator event plans to generate a large field of entrants, since each player will be allowed to play in any or all of the starting flights. The catch being though that all chips a player advances through the numerous flights with will be accumulated into one stack on Day 2.

The AU$10,000 Main Event will have two starting days and begin on October 12. Last year, the Main Event was won by poker superstar Daniel Negreanu who took home AU$1,038,825 and his fifth gold bracelet.

Below is a complete list of the 2014 WSOP APAC schedule:

Date Time Event Buy-In (AU$)
Oct. 2 6:10 PM No-Limit Hold’em Accumulator Day 1a $1,100
Oct. 3 12:10 PM No-Limit Hold’em Accumulator Day 1b $1,100
  6:10 PM No-Limit Hold’em Accumulator Day 1c $1,100
Oct. 4 12:30 PM No-Limit Hold’em Accumulator Day 2  
  2:10 PM No-Limit Hold’em Day 1 $2,200
Oct. 5 12:10 PM No-Limit Hold’em Accumulator Day 3  
  12:30 PM No-Limit Hold’em Day 2  
  4:10 PM Pot-Limit Omaha Day 1 $1,650
Oct. 6 12:10 PM No-Limit Hold’em Day 3  
  12:30 PM Pot-Limit Omaha Day 2  
  2:10 PM Terminator No-Limit Hold’em Day 1 $1,650
Oct. 7 12:10 PM Pot-Limit Omaha Day 3  
  12:30 PM Terminator No-Limit Hold’em Day 2  
  2:10 PM Pot-Limit Omaha Day 1 $5,000
Oct. 8 12:10 PM Terminator No-Limit Hold’em Day 3  
  12:30 PM Pot-Limit Omaha Day 2  
  2:10 PM Dealer’s Choice — 8-Game Day 1 $1,650
Oct. 9 12:10 PM Pot-Limit Omaha Day 3  
  12:30 PM Dealer’s Choice — 8-Game Day 2  
  2:10 PM Six-Handed No-Limit Hold’em Day 1 $2,200
Oct. 10 12:10 PM Dealer’s Choice — 8-Game Day 3  
  12:30 PM Six-Handed No-Limit Hold’em Day 2  
  2:10 PM Mixed Event Day 1 $5,000
Oct. 11 12:10 PM Six-Handed No-Limit Hold’em Day 3  
  12:30 PM Mixed Event Day 2  
Oct. 12 12:10 PM Mixed Event Day 3  
  12:30 PM WSOP Asia-Pacific Main Event Day 1a $10,000
Oct. 13 12:30 PM WSOP Asia-Pacific Main Event Day 1b $10,000
Oct. 14 12:30 PM WSOP Asia-Pacific Main Event Day 2  
Oct. 15 12:30 PM WSOP Asia-Pacific Main Event Day 3  
  6:10 PM High Roller Day 1 $25,000
Oct. 16 12:30 PM WSOP Asia-Pacific Main Event Day 4  
  2:30 PM High Roller Day 2  
Oct. 17 2:00 PM High Roller Day 3  
Oct. 18 2:00 PM WSOP Asia-Pacific Main Event Day 5  


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2014 Aussie Millions Teams up with APPT

by | Published: Thursday, November 21st, 2013

Melbourne’s Crown Casino has announced the 2014 Aussie Millions will now be part of the Pokerstars Pokerstars Asia-Pacific Poker Tour after an agreement was reached between the two bodies this past week.

Set to begin on January 23, the 16th annual Aussie Millions will feature the AU$10,600 Main Event on February 2, as well as other draw card competitions the AU$100,000 Challenge and AU$250,000 Challenge.

Crown Resorts Chief Operating Officer Xavier Walsh released a statement regarding the major announcement, highlighting the mutually-beneficial agreement.

“The Aussie Millions is regarded as one of the marquee poker events globally” Walsh said.

“And by aligning with the biggest poker tour in the region, the Asia-Pacific Poker Tour, will further guarantee the event’s success in coming years.

“This initiative will provide Crown with significant exposure in Asia, Europe and America, and for an integral part of Crown’s global marketing strategy to attract further international visitors to Australia and Crown Melbourne”.

Since its inception in 2007, the Asia-Pacific Poker Tour has well and truly put tournament poker on the map throughout the region; hosting the first ever tournament in major gambling destination Macau, awarding the first ever $1million prize in Australia and hosting the first ever televised poker in Asia, just to highlight a few major achievements.

“The Aussie Millions becoming part of the APPT is a great fit for both Crown Melbourne and Global Poker Tours Ltd” APPT President Danny McDonagh said following the announcement.

“Linking one of the best tournaments in the Asia-Pacific with the region’s biggest poker tour benefits everyone.

“Personally, I can’t wait to again be actively involved in one of the very top big buy-in events in the world”.

In seven seasons to date, the APPT has grown to include stops in the Philippines, South Korea, Macau, New Zealand and Australia.

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Aussie Millions 2014 Schedule Announced!

by | Published: Friday, August 9th, 2013

In just over five months, professional poker players from around the world will descend on Crown Casino in Melbourne, Australia for the 2014 Aussie Millions!

Crown announced this week the dates and schedule for the festival, beginning on Thursday January 23 and will run through to Monday February 10, featuring 20 exciting events.

Beginning proceedings will be the AU$1100 No-Limit Hold’em event featuring three starting days, the start of which will be staggered over a three day period.

Other events will include the hugely popular AU$1100 No-Limit Hold’em Accumulator event, as well as tournament mainstays the AU$25,000 Challenge, AU$100,000 Challenge and AU$250,000 Challenge!

All these events will of course lead up to the main event; the largest tournament in fact in the Southern Hemisphere, the AU$10,000 Aussie Millions Main Event, which is scheduled to take place from February 2-9.

Last Year, the final table included such pro’s as Dan Shak, David Yan, Patrik Antonius and Jay Tan, however it was Mervin Chan who took home the Winner’s check of AU$1.6 million, ahead of a field of 629.

It’s not too late to plan an assault on the tables of Crown in Melbourne; an event no professional or occasional player ever wants to miss!

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Phil Ivey Wins Ninth World Series of Poker Bracelet

by | Published: Wednesday, April 10th, 2013

Poker superstar Phil Ivey has claimed his ninth World Series of Poker bracelet after winning the $2,200 Mixed Event at the 2013 World Series of Poker Asia Pacific.

Ivey took home the first place prize of $51,840 but it is the bracelet that he will cherish which know puts him in equal forth with poker legend Johnny Moss on the list of all-time bracelet winners behind only Phil Hellmuth (13), Doyle Brunson (10) and Johnny Chan (10).

Ivey said he was happy to win his ninth World Series of Poker bracelet especially after the heartbreak he suffered during the 2012 World Series of Poker when he final tabled on five occasions but failed to win an event.

“I definitely wanted to win this event especially when I got deep and I thought I had a chance,” Ivey said.

“My last six finishes at the last six final tables were very tough and it took a lot out of me so I’m happy that I had the chance to finish this one.”

Ivey was especially happy to win a World Series of Poker bracelet at the Crown Casino in Australia.

“This is my favorite place to play,” Ivey said.

“I love coming down here and I love the feeling that I have when I come here.”

Ivey is already considered by many to be the greatest poker player of all time but said he wants to add more bracelets to add to his poker legacy.

“As I have gotten older I’ve started to think about my history in Poker and where I am going to stand so it’s important for me to win these bracelets and I’m trying to catch Phil [Hellmuth],” Ivey said.

“It’s tough because he keeps winning them but I’m looking forward to the summer.”

The final table of the event was expected to lead to a heads-up battle between Ivey and fellow Poker superstar Daniel Negreanu, who together held almost half the chips on the table, but Negreanu was eliminated in fourth position leaving Brandon Wong to face Ivey in heads-up competition.

Wong said it was a thrill to be able to play against Ivey.

“This place would be empty right now if it wasn’t Phil Ivey so it draws a lot of interest and its really fun,” Wong said.

“To win a bracelet is every poker players dream and to be able to win one against Phil Ivey would be great.”

The 2013 World Series of Poker Asia Pacific continues today with the $10,000 No-Limit Hold’em Main Event beginning today.