Pearl Legend: Hold and Win is a new release which is coming from iSoftBet, a slot machine with a Chinese concentration and utilizing a lot of the designs that are normal for their games. Some of the features included will be familiar to you, as the Hold and Win a part of the title suggests there are a few things which are unique also.You are playing on 5×3 reels with 20 paylines being used each round. Pearl Legend: Hold and Win can deliver top wins of 1,250x the stake but its standard mixes offer maximum of 500x. It has a 96% RTP, while for its huge features there will be Wilds, Pearl scatters, the Pearl Legend Respins, Reel Boosters and regular game modifiers.Betting and Prizes 20 coins are being used and you simply pick their value, in a range of $0.01 to $1. The wagering range coming from this will go from $0.20 to $20.Wins of up to 1,250x the stake can be paid during Respins, which implies that you could leave with $25,000 cash, by utilizing the most extreme wager of $20. Standard wins of up to 500x the stake per spin are delivered during gameplay, utilizing mixes made out of Gold Dragons.A 96% RTP reveals to us that the amount getting back into the pockets of its players is about the same in other slot games.Pearl Legend: Hold and Win Slot Features Anytime you see the Yin Yang image on the reels, it will be joined by the Wild logo, so it will be the substitute which you can use to place along with standard images and get new wins. You can’t have it do likewise for the scatter but that is a standard limitation.There are a few game modifiers which you may use during paid spins. Red Gems will give you 3 to 5 wilds on the reels. Blue Gems will change images into Pearl scatters. There is likewise a Dragon sculpture, which will change Royals to high value images.The Pearls are your scatters and landing at least 5 out of a single spin will take you to the Pearl Legend Respins reward. Both the setting off Pearls and any new ones that go along, will get sticky on the reels. You start with 3 respins but you reset the number on the off chance that you get extra Pearls before the rounds are totally consumed.Pearls may appear during Respins and they can bring certain Boosters, given that you get three that match.Blue Gems: will open up to three extra rows (Reels Boosted).Green Gems: give the Pearl prizes a boost (Values Boosted).Red Gems: gives you 1 extra respin (Spins+ Boosted).Purple Gems: the multiplier goes up as high as 10x (Multiplier Boosted).Theme and Design As far as Chinese themes go, the one from Pearl Legend looks standard. The six images we see are basic in such games, as we’re taking a look at Yin Yang signs for the wilds, a Pearl as scatter alongside premium images with the Dragon, Phoenix Bird, 3 Gold Coins, Frog. The other four base paying images are the ones showing Royals. With everything taken into account, it’s a standard look for such slots. The activity seems, by all accounts, to be put placed in a temple, where we see on the left side a living Dragon holding a pearl in its claws.ConclusionPearl Legend: Hold and Win is definitely not a terrible slot machine, especially as they changed a few things about its major feature, they didn’t just clone the same reward game that every other person is using lately.
ts911 คาสิโน ออนไลน์…
With millions of Americans out of work, the first sign of a recovery has to be in new jobs coming on the market. The tribal gaming industry is doing its part, with several operators posting new jobs in the past few weeks.Seneca Gaming Corporation has lots of jobs available at the Seneca Niagara Resort & Casino in Niagara Falls and Seneca Buffalo Creek Casino in downtown Buffalo. The operator will be hosting a job fair for open positions on February 25 between 10:00am and 6:00pm.“Even with the changes and challenges everyone has gone through over the past year, Seneca Gaming Corporation has remained one of the largest employers in Western New York, and we are excited to be growing our team across a variety of departments,” said Meghan Smith, Seneca Gaming Corporation’s vice president of human resources. “We truly believe that the time we spend at work should be rewarding, fulfilling and fun. That’s how we approach our jobs every day. If people are looking an opportunity in that type of environment, we are ready to talk to them.”Attendees can check out what’s on offer in person or virtually, but should be ready for an interview at a moment’s notice.On the other side of the country, the San Manuel Band of Mission Indians are also on the look out for fresh talent. That operator has more than 500 jobs to fill, with as many as 2000 coming for the rest of the year. They’ll be having their virtual career fair on February 18 from 9:00am to 4:00pm.“The expansion of San Manuel will offer an economic boost to the local job market at a time when it is really needed,” said Brigitte Saria, Chief People and Infrastructure Officer. “Our efforts to boost the local economy are guided by our commitment to ensuring our employment process and work environment follow leading health and safety standards.”The Chukchansi Gold Resort and Casino in Coarsegold, California are also hiring. The tribe is looking for 50 full-time and part-time positions, and will have a job fair on February 23 from 10:00am to 1:00pm.Add those jobs to the 150 that Oneida Nation Enterprises were offering as of last week, and there’s a lot to be hopeful for about the future of the economy, and particularly that of tribal gaming.Connecticut tribes close to new dealGovernor Ned Lamont wants sports betting in his state, and he needs a new deal with the tribes to get it done. He used his budget address to emphasize the push:“My administration has been in active negotiations with our tribal partners to bring the state’s gaming economy into the digital age. And I am submitting legislation which reflects what I believe to be the best bet in ending this stalemate of inaction in a way which is in the best interest [of] the entire state.”Construction resumes at Four WindsThe Pokagon Band of Potawatomi Indians’ contractor recently resumed building a hotel at Four Winds South Bend Casino. Construction slowed down significantly due to Covid-19.The new 23-story hotel was originally due to be completed this year. But with construction crews only working on the foundation now after a 10-month delay, maybe 2022 seems more accurate.
ปอยเปต คาสิโน ออนไลน์
ปอยเปต คาสิโน ออนไลน์
We recap some stories you may have missed including a huge PKO event and how much of himself is Landon Tice playing for?
KidPoker vs the Poker Brat?
We hinted at it last week and now it seems confirmed that Daniel Negreanu and Phil Hellmuth will play heads-up.
Given both men are traditionally live players it seems inevitable that it will be face to face and streamed on PokerGO.
The early betting markets have suggested Hellmuth is the favourite, which seems ludicrous given how much Negreanu improved in his heads-up challenge against Doug Polk.
Happy to play anyone on @PokerGo App’s “High Stakes Duel.” Looks like they are bringing me the GREAT Daniel Negreanu @RealKidPoker, the guy that studied heads up for months w coaches I respect, so be it. It will be a great challenge for me! Hoping I don’t look like THIS photo!! pic.twitter.com/EpE1BqRMWP
— phil_hellmuth (@phil_hellmuth) February 13, 2021
Tice has skin in the game
The other big heads-up match in the works is Landon Tice vs Bill Perkins, and it has been the subject of a lot of debate this last week.
Namely, how much does the poker wunderkind Landon Tice have invested in himself? Rumours circulated that he is playing for just 10% of himself in this challenge where he is already paying Bill Perkins $720,000 to play.
Tice confirmed that he has sold a lot of action for this event but while his percentage is low, it still means he has a lot of his net worth on the line:
Let me make something clear that I’m sure everyone cares about regarding my challenge with @bp22 I’m selling a lot of action for it. A lot.I’m not rolled to battle at nosebleeds. However, I am putting a very large amount of my relative net worth on myself winning it.
— Landon (@LandonTice) February 11, 2021
MicroMillions the biggest PKO ever?
The MicroMillions Main Event was a PKO for the first time in its history and it (probably) automatically became the biggest field ever for a progressive knockout tournament.
49,487 entries for the $22 Main Event, which was not quite enough to hit the $1 million guarantee.
It did lead to one player bagging almost $60,000 for their troubles including $18,651.13 in bounties alone:
The final table
Table stakes only
OK, so this week’s meme classic from Reddit beats all those ‘toilet roll poker home game’ jokes from last year:
When Polaks Play Poker from r/poker
Will we see Hellmuth vs Negreanu heads-up? Let us know in the comments:
Barry Carter is the editor of PokerStrategy.com and the co-author of The Mental Game of Poker 1 & 2, Poker Satellite Strategy and PKO Poker Strategy
Verified players can continue to play a real-money game, such as Flip & Go and Spin & Gold, for free each and every day.One of the most popular promotions for low stakes players on GGPoker has been further expanded.
During the software update on February 10, the Daily Free Spin promotion changed to Daily Freebie. Furthermore, UK players can now also claim the daily gift for a chance to boost their bankrolls.
All players, both existing and new, just need to have verified accounts and log in each day to claim their gift, which lets plays play real money tournaments—and compete for real money cash prizes.
The update has expanded what is given away. Now, there are Daily Freebie tickets for Flip & Go, the super-successful new format introduced in January 2021. It has also undergone some changes since its launch, with GGPoker increasing the frequency and adjusting the buy-ins as well as the maximum number of stacks for purchase.
“GGPoker is happy to confirm that we’ve relaunched our Daily Free Spin offer as the Daily Freebie; verified players can continue to play a real-money game, such as Flip & Go and Spin & Gold, for free each and every day. All they need to do is log in and claim their daily reward!” said Paul Burke, Head of Public Relations at GGPoker.
“We hope to continue to change up the rewards on offer in the future, giving all players the opportunity to try out GGPoker’s most exciting games, no matter their bankroll.”
For existing players, Daily Freebie is available immediately—just log in and claim.
If you haven’t yet signed up, you can do so today and enjoy the promotion as soon as you have verified your account. You can also take advantage of all of GGPoker’s generous welcome bonuses.
How the GGPoker Daily Freebie Promotion Works
The operator has seen unprecedented growth in 2020 to become one of the leading online poker platforms for tournaments and cash games. GGPoker has achieved that with a plethora of promotions, innovations, and high-profile partnerships. Their continued success has led to a record $7.5 million in promotions given away in February 2021.
One of several promotions for players with smaller bankrolls is the Daily Freebie formerly the Daily Free Spin.
This was launched on September 7, 2020. It has given verified players the opportunity to claim one $0.25 Spin & Gold ticket every day ever since. The free ticket courtesy of GGPoker continues to be available under the new name three times per week—*but this rotates with other ticket types.*
Players can see the next six upcoming Daily Freebies listed under the “My Promo” tab. A new daily gift becomes available after each daily reset at midnight Pacific time. Each ticket will continue to feature an expiration date of 24 hours once the Daily Freebie has been awarded.
The current rotation of Daily Freebie is fixed for the time being. However, GGPoker hopes “to change the daily prizes on a semi-regular basis,” according to Burke. He also hinted at a strong possibility that the Daily Freebie will include the alternative currencies C$ or T$ sometime soon.
Newly included as a prize in the Daily Freebie is a $1 Spin & Gold ticket, which can be claimed once per week. Furthermore, five $0.05 Flip & Go tickets are up for grabs three times per week, giving players the chance at trying the new tournament format free of charge.
As a mixture between a Flipout and regular tournament, Flip & Go was launched on January 12, 2021. However, it only took a few days for the first tweaks to be made. Initially slated to take place once every hour, it was soon increased to once every 30 minutes.
The buy-ins were also adjusted and the lowest available stake was increased to $0.05 with a guarantee of $50. Players can now take a shot at their own leisure three times per week and enter this lowest tier with five stacks thanks to the Daily Freebie.
Upon launch, the Flip & Go featured a maximum of 10 entries for each of the four stakes. However, that number has been adjusted recently and the stacks for purchase are now capped at a maximum of eight. This makes the bonus stacks based on the holdings during the Flipout stage more valuable in comparison.
The overall feedback for the new tournament format has been very positive, as outlined by Burke.
“Players love it! We have been very pleasantly surprised by the positivity seen across almost all feedback, of course not all players are interested in a new game type but those who have tried it have mostly good things to say about Flip & Go. We’ve also received some constructive criticism, which is also valuable.”
Further tweaks to the Flip & Go format may very well possible, as GGPoker is constantly reviewing and optimizing its schedule. One such adjustment was made with the expansion of the popular Daily GGMasters earlier in February.
The changes to the Daily Freebie promotion went live on February 10. All verified GGPoker players in eligible countries can claim their daily gift under the “My Promo” tab after each daily reset.
Tyrant King Megaways plays on 6 reels, gets as many as 117,649 Megaways during regular spins, however then it likewise gets up to 200,704 different ways on the off chance that you get to its free spins. Besides the free spins, there will be Cascading reels, expanding multipliers, wilds and respins. Payouts can be very acceptable, going to 10,000x the stake, while RTP is OK at 96%.Betting and Prizes $0.20 is a low bet, that most players can make use of it and it’s the lowest amount that Tyrant King Megaways permits. At the other end, the highest wagers used is up to $20.Winning big is consistently a chance in slots which depend on Megaways and it is a significant motivation behind why these games turned out to be so popular. It is not easy however, since the unpredictability is also on the high side. All things considered, a bonanza of up to 10,000x the stake is onThe RTP is set at 96%.Tyrant King Megaways Slot Features Concerning the Megaways system. It depends on a fixed number of reels, 6 for this case but on a random number of images for every one (2 to 7 during regular spins). This permits up to 117,649 different ways to win during your regular spins.After a combination forms, cascading reels will trigger, eliminating winning images and adding others in. This can prompt more wins and cascades.Get at least 4 wilds to show up in one spin and the Respins feature triggers. It will give you a Hold and Win style reward with 3 respins offered, during which you need to get extra wilds on the reels. Just wilds and empty positions can show up in this mode. You gather the setting off wilds and any new ones that may appear. In the event that a reel is covered by them, it transforms into a multiplier wild. The respins reset when you get new wilds.Toward the end of the feature, you get every one of those wilds used as a component of new mixes in the base game. Every combo of up to 6 wilds will settle up to 50x the stake.There will be free spins to go after also, up to 15 rounds offered when up to 6 scattered Dinosaur Eggs show up in view. The game area increases, with one extra line of images, so now you can have 200,704 different ways to win active. Another feature will include an expanding multiplier, going up by 1x after each new cascade.Theme and Design We are going back to the period when the dinosaurs roamed and controlled this planet. The T-Rex will be the star, as a wild while Dinosaur Eggs are represent scatters. Standard images include an unlikely picture of an Adventurer, a Cavewoman, three kinds of dinosaurs and the 10 to A Royals. It is a mix of prehistoric and modern at that point, which reminds me of Jurassic Park because you can’t get such a thing elsewhere.ConclusionTyrant King Megaways looks engaging, giving us some new features to try out, along with the ones we already knew and enjoyed. Top wins of 10,000x the stake are not extraordinary in a Megaways slot but rather they look great all things being equal.
ts911 คาสิโน ออนไลน์…
หลังจากที่นาย Andrew Cuomo ผู้ว่าการรัฐนิวยอร์กยอมรับในที่สุดเมื่อเดือนธันวาคมว่าการเร่งกิจกรรมการพนันกีฬาใน Empire State จะเป็นเรื่องที่ดีผู้ที่สนับสนุนแนวคิดนี้ในช่วงสองสามปีที่ผ่านมาพบว่ามีการต่ออายุความหวังในการบรรลุเป้าหมาย วุฒิสมาชิก Joseph Addabbo และสมาชิกสภา Gary Pretlow พยายามเรียกร้องให้รัฐเร่งการเปิดตัวการพนันกีฬา แต่ Cuomo ทำให้เรื่องยากขึ้นหลายครั้ง ตอนนี้ต้องเผชิญกับช่องโหว่ด้านงบประมาณจำนวนมาก Cuomo ได้เปิดโลกทัศน์ของเขาสู่ความเป็นจริงและ Pretlow ก็มองโลกในแง่ดีว่าการเปลี่ยนใจของผู้ว่าการรัฐจะช่วยให้นิวยอร์กเห็นการพนันกีฬาปรากฏขึ้นก่อนสิ้นปีนี้ Cuomo ผู้ซึ่งถูกวิพากษ์วิจารณ์ซ้ำแล้วซ้ำเล่าสำหรับการตัดสินใจที่ดูเหมือนจะไม่เป็นประโยชน์สูงสุดของชาวนิวยอร์กยืนกรานว่าการแนะนำการพนันกีฬามากขึ้นจะเป็นการต่อต้านและโดยเฉพาะอย่างยิ่งการพนันกีฬาออนไลน์จะต้องมีการแก้ไขรัฐ รัฐธรรมนูญ. อย่างไรก็ตามในช่วงไม่กี่ครั้งที่ผ่านมามันได้เปลี่ยนโทนสีไปอย่างสิ้นเชิงเนื่องจากแก้ไขปัญหาการขาดแคลนงบประมาณหลายพันล้านดอลลาร์ การพนันกีฬาและกัญชาถือเป็นวิธีการชดเชยความสูญเสียเหล่านี้และ Addabbo รู้สึกขอบคุณ เขาบอกกับ Casino.org เมื่อเร็ว ๆ นี้: “ฉันยังคงมองโลกในแง่ดีว่าหากอยู่ในงบประมาณวันที่ 1 เมษายนโดยมีความคิดริเริ่มเพียงเล็กน้อยรัฐบาลของรัฐของเราจะเริ่มใช้งานได้ภายในวันที่ 9 กันยายนซึ่งเป็นวันแรกของฤดูกาลฟุตบอล NFL “นิวยอร์กพลาดโอกาสในการสร้างรายได้จากการพนันกีฬาที่อาจเกิดขึ้นรัฐมีการพนันกีฬาสี่ประเภททางตอนเหนือซึ่งรวมรายได้ 3.6 ล้านดอลลาร์เมื่อเดือนมกราคมที่ผ่านมา L Indiana มีรายได้จากการพนันกีฬา 29.3 ล้านดอลลาร์ในเดือนเดียวกัน และรัฐมีขนาดเพียง 1 ใน 3 ของขนาดของนิวยอร์กในแง่ของจำนวนประชากร ณ จุดใดก็ตามนับตั้งแต่มีการออกกฎหมายในนิวยอร์กเพื่ออนุญาตให้มีการพนันกีฬารัฐสามารถเพิ่มจำนวนผู้ให้บริการที่ได้รับการอนุมัติซึ่งจะทำให้ จำนวนมากเพื่อต่อสู้กับผลกระทบจากการระบาดของ COVID-19 โชคดีที่นิวยอร์กยังไปไม่ถึง ฉันมาถึงจุดที่ไม่มั่นคงโดยสิ้นเชิง Addabbo เชื่อว่าด้วยกลไกที่ถูกต้องรัฐสามารถกลับมาวิ่งได้ แต่เสริมว่า“ เราเป็นรถคันนั้นในเลนขวาด้วยล้อที่สั่นคลอนสี่ล้อและเราก็เดินกะเผลก และรถเร็วอื่น ๆ เช่น (นิวเจอร์ซีย์) และเพนซิลเวเนียขับผ่านเราไป เป็นสถานที่ที่แปลกสำหรับนิวยอร์ก จากข้อเสนอของวุฒิสมาชิกซึ่งยังอยู่ระหว่างการเจรจาการพนันกีฬาในนิวยอร์กจะจ่ายภาษี 10% การศึกษาก่อนหน้านี้แสดงให้เห็นว่าตลาดในประเทศอาจมีมูลค่าสูงถึง 1 พันล้านดอลลาร์ต่อปีซึ่งจะเปลี่ยนเป็นรายได้ภาษี 100 ล้านดอลลาร์สำหรับนิวยอร์ก สิ่งนี้เพียงอย่างเดียวก็เพียงพอแล้วสำหรับฝ่ายนิติบัญญัติที่จะพิจารณาเรื่องนี้อย่างจริงจังมากขึ้นโดยเฉพาะอย่างยิ่งเมื่อพิจารณาว่าชาวนิวยอร์กกำลังข้ามพรมแดนเพื่อวางเดิมพัน Addabbo รู้ว่ายังมีงานที่ต้องทำอยู่และบอกกับ Casino.org ว่า“ ฉันคิดว่าทั้งหมดนี้เป็นส่วนหนึ่งของการเจรจาเรื่องงบประมาณ จำนวนสกินและค่าธรรมเนียมและอัตราภาษีที่เป็นส่วนสำคัญของการเจรจางบประมาณ ทั้งหมดนี้เป็นส่วนหนึ่งของการสนทนาที่เราจะมีและนั่นคือจุดที่เราจะต้องบรรลุข้อตกลง ”
ปอยเปต คาสิโน ออนไลน์
ปอยเปต คาสิโน ออนไลน์
After a smashing Sunday, the action slowed down a little on Adda52.com. Headlining the Monday action on the site was the 8 Lac GTD Iron Man sporting a buy-in of INR 2000. Running as part of the site’s 18 Crore GTD ‘Fast & Furious February’, the marquee tourney pulled in 356 entries by the time late registration closed. After almost six and a half hours of intense play, it was the former GPS Melbourne winner, Deepak “peacelover” Singh, who outlasted the competition to win INR 2 Lac and his fourth MTT title of the year. The anonymous “foldkardunga” finished runner-up for 1.21 Lac.
Total Entries – 356Prizepool – 8 LacPlaces Paid – 38Min Cash – 4800
Abhijeet “2abhisingh” Kumar (3rd for INR 88,000), Parth “punit7690” Aggarwal (4th for INR 64,000), Uttam Kumar “chinunew” Sinha (7th for INR 24,000), and “iamaluksack” (8th for INR 20,000) were the other notable online regs who ended their run at the final table of the flagship tourney on Adda52.
2.75 Lac GTD Voyager
The other major tourney running as part of ‘Fast & Furious February’ was the 2.75 Lac GTD Voyager that logged in 273 entries to meet its specified guarantee. This month’s Maverick winner, Vaibhav “vroy219” Roy shipped it to win INR 71,500 and his second MTT title of the year on Adda52. He eventually outlasted “smr1g10” in the heads-up who banked INR 42,625 for his runner-up finish.
Total Entries – 273Prizepool – 2.75 LacPlaces Paid – 27Min Cash – 2475
Harsh “harsh1327” Bubna (4th for INR 23,375), Siddharth “gabandheer” Pandey (7th place for INR 8,938),Yash “yosher” Jain (8th for INR 6,875) were the other notables who final-tabled the tourney.
Posted on: February 15, 2021, 01:56h.
Last updated on: February 15, 2021, 02:23h.
Casino executives and gaming industry leaders continue to forecast a strong recovery, primarily due to pent-up demand.
D Casino owner Derek Stevens, seen here last fall inside his new property Circa, is bullish on the gaming industry’s post-coronavirus recovery. The downtown Las Vegas visionary expects pent-up demand to generate a new “roaring twenties.” (Image: Las Vegas Review-Journal)The frequent talking points from gaming industry brass recently target a new “Roaring Twenties.” Wynn Resorts CEO Matt Maddox was first to link the current decade to the 1920s, when the US experienced economic prosperity and ushered in a new culture highlighted by modernity and the changing role of women.“I think it will be similar to the Roaring Twenties after the pandemic of 1918 and 1919,” Maddox said of the US gaming industry’s post-COVID-19 outlook.Downtown Las Vegas casino magnate Derek Stevens issued a similar sentiment last Friday.A lot of people have said it’s going to be like the Roaring Twenties,” the Circa owner told KTNV. ” Well, it may be, because I think there is so much demand to be able to get back out of the house and have a little bit of fun.”The Roaring Twenties were unfortunately followed by the Wall Street Crash of 1929 and Great Depression. But that isn’t stopping casino heads from believing that the gaming industry is poised to enter its own roaring period in the 2020s.Industry Bets on Roaring 2020sMaddox and Stevens aren’t alone in believing that travel and hospitality will flourish once Americans feel safe. The notion is backed outside of Las Vegas, too.In Atlantic City, Steve Callender, Caesars Entertainment’s top executive in town who chairs the Casino Association of New Jersey, said he’s “guardedly optimistic.”It’s going to take a couple months for the vaccine to be widely distributed. But there is incredible pent-up demand,” Callender told the AP. Bob McDevitt, Atlantic City’s top casino union rep, said the “pent-up demand is going to be explosive.”Mohegan Gaming and Entertainment, in a filing with the SEC, said its business “has been optimized to benefit from … significant pent-up demand for leisure consumption in the months and years ahead.”Bill Miller, president of the American Gaming Association, expressed his confidence of a 2021 recovery.There’s huge pent-up demand for gaming,” Miller said. “I’m upbeat about the second half of the year in particular. As vaccines roll out, people will be excited to travel, hungry for entertainment, and desperate to get out and have fun again.”Research suggests there’s pent-up demand not just for fun, but also for non-remote business. A recent study commissioned by the Las Vegas Convention and Visitors Authority found that 91 percent of former convention-goers miss in-person events.Casino Expansion Continues2020 was unlike any year prior for the US gaming industry. And casino companies are betting it will be unlike any in the near future, too.Despite the industry’s struggles over the past 12 months, casinos are continuing to invest in new markets. States that recently legalized commercial gambling include Illinois, Virginia, and Nebraska.New casinos also continue to come to Pennsylvania, which has surpassed New Jersey to become the second-richest gaming state in terms of revenue, behind only Nevada. Live! Philadelphia, a $700 million integrated casino resort, opened this month.
Posted on: February 15, 2021, 01:14h.
Last updated on: February 15, 2021, 01:14h.
Read MoreCrown Resorts CEO Ken Barton resigned Monday as the fallout continued from a damning report that has left the company fighting for its license in New South Wales.
Ken Barton is expected to receive a big check despite harsh criticism of his performance as Crown CEO. (Image: The West Australian)Barton’s resignation has been in the cards ever since the publication of the report by former NSW Supreme Court judge Patricia Bergin, which described him as “no match for what is needed at the helm of a casino licensee.”“His problems will not be cured by the appointment of people expert in the field who report to him,” Bergin added.The report concluded that Crown was “facilitating money laundering, exposing staff to the risk of detention in a foreign jurisdiction, and pursuing commercial relationships with individuals with connections to Triads and organised crime groups.”It recommended that the state gaming regulator, ILGA, refuse to renew Crown’s gaming license in NSW. The company opened its $1.7 billion Sydney resort in December without casino operations.$3 Million PaydayDespite being singled out in Bergin’s report, Barton is expected to walk away with at least a AU$3m payout ($2.3 million), according to The Guardian.Bergin said Barton had demonstrated a “breath-taking lack of care” when responding to allegations in the media that Crown was facilitating money laundering at its Melbourne and Perth properties.In his previous role as CFO, he had been personally responsible for two VIP accounts that had been used by criminal gangs to launder the proceeds of their illegal operations, Bergin said.Barton was appointed CEO in January 2020, having been at the company for over a decade. Helen Coonan, current chair of the board, will replace him until a new CEO is found.“Assuming the role of executive chairman is a decision I have not taken lightly but the board feels it provides leadership stability and certainty at this important time for the business,” Coonan said in a release to the ASX.Coonan said Monday the company was taking “significant steps to improve our governance, compliance and culture.”Exec ExodusBarton follows five other Crown execs out the door. These include Michael Johnston and Guy Jalland who represented Crown’s biggest shareholder, billionaire James Packer, on the board.Bergin criticized Packer for acting like a “de facto director,” despite not having sat on the board for several years, and suggested he had a “dysfunctional influence” on the company.She also recommended that equity caps of 10 percent be placed on Crown ownership. That would mean Packer would be forced to divest himself of a chunk of his equity in the company — if not all of it.Packer said during testimony at the Bergin inquiry that he would be prepared to give up his stake in Crown if it protected the company’s licenses.