The problem with kicking Atlantic City while it’s down and out is — the cruelty of overstating the obvious.
At the risk of doing so, this place is a living hell.
Then, there’s the troublesome issue of who ends up suffering the most. Not the bankers or stockholders or organized crime or the state government which has milked the fuck out of what used to be a cash cow to the point of exhaustion and collapse. They did fine. They’ll survive. Rather, it’s the thousands of innocent people who end up paying the ultimate price of such unbridled greed and institutionalized stupidity.
Atlantic City’s Golden Nugget hosting “The Grand Poker Series, ” topped by $1K buy-in Championship (Jan. 16-19)
“Poker Night in America” is coming to New Jersey for the first time.
The popular television series now entering its second season on the CBS Sports Network, will soon be filming at the Golden Nugget in Atlantic City. The championship event, a $1,000 (+125) buy-in No-Limit Hold’em tournament takes place Jan. 16-19. There will be four starting flights, with a re-entry option. Flights A and B take place on Friday, Jan. 16. Flights C and D take place Saturday, Jan. 17.
The final table will be live streamed online and filmed for television. The final table will be played on Monday, Jan. 19th.
Satellites for the championship will run every night.
On Monday afternoon, New Jersey Gov. Chris Christie signed an executive order which will permit legalized sports gambling in New Jersey — effective immediately. READ MORE HERE
Wow, just wow.
As recently as last month, Gov. Christie seemed to have completely given up on this initiative. Earlier, he publicly acknowledged that state-sanctioned sports gambling was a virtual impossibility given current federal law, which clearly contains prohibitive statutes against legalized betting on professional and college sports in all but four states (Nevada, Oregon, Delaware, and Montana), the Garden State noticeably expunged from the party. The battle seemed to be over, with Gov. Christie and the citizens of New Jersey utterly powerless to do anything to save what remains of their ailing casino industry — all this despite the fact that voters there had already overwhelmingly approved sports gambling in a statewide referendum.
Then, the lights long the famous Atlantic City Boardwalk started going out. Three casinos — The Showboat, Trump Plaza, and The Revel — went dark. Thousands of workers, about 20 percent of the state’s entire casino workforce, lost their jobs. About 6,000 citizens were tacked on to the state’s already swelling unemployment rolls, with many seeking government assistance from a treasury admittedly starving for revenues. Anger mounted. And for once, instead of just talking and doing nothing, public officials decided to try something really bold, starting at the very top with a dinged up Governor who has taken more than a few body blows in recent years.
Poker legend Dewey Tomko’s alleged involvement in the current online poker debate just got a lot more bizarre.
This is now on the verge of being a scandal.
For those unfamiliar with the longtime poker icon, Dewey Tomko has been playing in poker’s most highly-competitive events since the mid-1970’s. He’s won three World Series of Poker gold bracelets during his illustrious career, even though he plays in relatively few events each year. He’s finished as runner up in the Main Event Championship twice. In 2008, Tomko was inducted into the Poker Hall of Fame.
Tomko now resides in Orlando, Florida. He’s a highly-successful businessman who owns and manages multiple restaurants. Tomko also owns a private golf course and country club, a massive development of luxury homes, and other businesses including a casino in Costa Rica.