Nearly every casino with a poker room offers a daily tournament. The buy-ins range from $45 to more than $500, depending on the day of the week.

I want to explore the level of competition, how much play I can get for my money and whether the payouts are worth the grind.

I’m going to play at least a week of dailies around Las Vegas. Mostly, I plan to play on the Strip. But I also want to hit at least one event downtown and check out the action at an off-strip casino or two. I’ll avoid the WSOP-circuit events in town and Venetian’s Deepstack Extravaganza Series, as to stay out of the path of sharks.

If I happen to get knocked out early, I’ll do some follow-up reporting on the pay structure.

My first event started at 7 p.m. Wednesday, a $125 buy-in at Aria. The blinds opened at 25/50, with 30 minute levels.

Folks in town told me it’s one of the better events for the money.

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Play-money poker giant Zynga hinted last week that it conceivably could enter the real money gaming world (i.e. gambling).

The Facebook-facing poker site’s interest might seem reasonable in light of the Department of Justice’s recent re-interpretation of the 1961 Wire Act, limiting the scope of its prohibitions to sports betting. But there is also a more cynical interpretation of Zynga’s announcement.

With its stock price languishing after its initial public offering, Zynga needed a growth storyline that shareholders might believe. I could write more about why Zynga’s announcement may be more of a semi-bluff than a made hand, but an online gaming insider has done that already. Bill Rini asks Zynga Ready For Real Money Gaming or Trying to Hide Failures? 

Shares of Wynn Resorts tumbled on January 12 when it came out that a Wynn director and major shareholder had filed a lawsuit against the casino company. Turns out Kazuo Okada, one of Steve Wynn’s original partners, is claiming the company made a questionable $135 million donation to the University of Macau and hasn’t been sharing its financial information with him. Reuters has a nice write-up here.

The veiled implication is Wynn’s sizable donation might have been less than philanthropic – bordering on a ”pay to play” ante to retain favor in the world’s most lucrative gaming destination. (The competing Las Vegas Sands’ Macau operation is currently under DOJ and SEC scrutiny for possible infringement of the Foreign Corrupt Practices Act, as referenced here in a Wall Street Journal blog.)

Wynn claims Okada’s lawsuit is just a smoke screen to mask the fact that Okada had been working behind Wynn’s back to develop a casino in the Philippines. You can read all the tawdry details in A Partners’ Fight Erupts at Wynn.

How will it end? Perhaps better than Steve Wynn’s marriage. After all, Wynn recently told the press, “I love Kazuo Okada as much as any man that I’ve met in my life.”

Wynn shares have since recovered from the drama at the start of January, but still have a ways to go in 2012 before reaching 2011 highs.

Oh, hello. Fancy meeting you here. Have you been sitting patiently, waiting for this wandering reporter to return from his new year sabbatical? What’s that? You’ve been reading all the other posts on Pokerati. This site has other writers!? Well, while I’m recovering from that bombshell, why not take a good long look at this selection of worldwide poker news and see what you can make of it.

Millions of Aussies

Stereotyping Alert! I’m sorry about this. As an Englishman, I am legally required to bring up barbies, funny accents, and convicts any time anything Australian comes with 4 feet of me. It’s a bother, but what can you do. Those British pros down at the Aussie Millions must be having a torrid time, the place is crawling with them. Even the Canadian Daniel Negreanu is obsessed with their the eccentricities.

Thankfully the Aussie Millions Main Event is currently providing an excellent distraction. For example, despite the fact than an antipodean gentleman currently sits atop the Day 2 standings, the world’s loudest nation has been characteristically hogging the limelight. First up, American Dan Smith won the 22-man $100k High Roller event for $1,000,000. Then Phil Ivey, who can make headlines by just turning up, went and put himself second in the chip count at the end of Day 2. [Poker News Report]

Bwin Bust-Up in Porto

Enough of that Southern Hemisphere nonsense, time to head back to Europe. More specifically to Portugal, the land of cocks. Their government has bowed to pressure from local casino operators and decreed that Bwin’s sponsorship of Portuguese football is illegal. The ruling stems from the fact that, as an external operator, bwin.party are subject to no regulations and pay no taxes in Portugal.

Bwin claim that the ruling contravenes EU free-trade laws, but have agreed to acquiesce to the command for now. As lucrative as Portuguese sports sponsorship is, panic may break out if the same idea occurs across the border in Spain. Bwin are the shirt-sponsors of Real Madrid, arguably the most popular soccer team in the world. [Card Player]

Bet Fairly at London 2012

If I leave my flat, wander out on to the street, and look to the North East, I can see the Olympic Stadium glowering above the rooftops. I’ve spent the last two years watching it progress through various stages of construction and with the big event just a few months away, other spheres of Olympic influence are making their final preparations. In the online gambling world, Betfair have teamed up with the International Olympic Committee to monitor suspicious betting activity which might indicate a rigged event. [USA Today]

South Korean Supercasino

The unfurling success story that is Macau is bound to inspire many imitators. First in line are South Korea, who plan to build a $3 billion dollar casino resort right next to their busiest airport. The Incheon International Airport Corp. hopes to shamelessly pray upon frazzled businessmen staggering out of long haul flights, by ushering them into land of flashing lights, comfy beds, and empty wallets. Hey, if it worked for China, it can work for you! [Yahoo]

Team Poker at the Pleasure Beach

And finally, a British city most famous for its tower is hosting a cool team poker event. With backing from lovely poker gent Neil Channing, the Team Poker Tour UK allows Brits to compete in small teams, with the top 3 aggregate squads taking the biggest chunk of the prize pool. It’s worth noting that Dan emailed me to specifically to flag this up and I really can’t figure out why he’s so interested. [Team Poker Tour UK]

I’m going to do my best to stay put from now on, so look forward to your regular dose of Wider World next week. Until then, do whatever the nurse tells you to and everything will be just fine.

Join us today as Drexel and I, Bryan Micon, have on Will “Poker Monkey” Souther on the show to discuss his ongoing feud with Beau Rivage Poker Room manager Johnny Grooms and his subsequent 86′ing from all MGM properties world wide.  Karina and Drexel give their account of the strip poker tournament they recently attended and Menachum gives his superbowl pick after going 0-2 in the championships last week.  Badguy23 tells us of a deposit issue at Hero Poker and peaces it out with us.  and I won $9k in a whathaveyou and almost got a Doug Lee ring.

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A middle-aged local approached the Treasure Island poker room supervisor early Sunday evening, inquiring about how many hours he had played.

“I want to make my $50,” he said.

At the start of the year, the room announced its latest promotion on signs around the casino, flyers outside the room’s entrance, and business cards on the supervisor’s counter — “GET PAID TO PLAY POKER!”

The 8-table room at TI pays back players with money collected in the rake. For every 10 hours of play (up to 60 hours), a grinder can earn as much as $599 in extra cash each week. This good-for-players promotional trend is catching on around Vegas. Whether it’s called “rakeback” or advertised as an hourly rate, it pays close to a minimum-wage job.

More…

I’m fairly certain Barack Obama has known a little bit about the online poker “situation” for a while … at least since the White House released its Strategy to Protect Online Consumers and Support Innovation and National Strategy for Trusted Identities in Cyberspace on April 15, 2011.

And you gotta think Obama probably got briefed as the DOJ officially changed its position on the Wire Act, September 23rd — the first day of Fall, and the same day the DOJ labeled Full Tilt Poker a Ponzi scheme and took all of Howard Lederer, Chris Ferguson, and Rafe Furst’s money. But why then did the ever-PR-conscious DOJ wait some 60 business days later until December 23rd — the quietest media day of the year — before telling the rest of America about the Executive Branch’s significant change of digital heart?

I suppose it might not even matter at this point; SOPA and PIPA have been tabled for now, Megaupload has been slapped hard with the same government quarantine the Feds beta-tested on online poker sites, and Kim Dotcom is in jail awaiting a fate that Full Tilt and PokerStars lawyers say he coulda avoided simply by changing his name to Kim Dotnet!

OK, maybe I get a little factually carried away sometimes jest … but John Pappas has a serious message for the President — essentially a 22-second synopsis of all those emails and tweets from the Poker Player Alliance’s 1.2 million members, and a plea for “common sense public policy” on the eve of what could be Barack Obama’s final State of the Union address.

I’m sure Jamie Gold and Las Vegas will eventually become friends. I for one have a whole new respect for the WSOP-champ in Residence @TropLVPoker after hearing his interview on Donkdown; and philosophically, he’s trying to bring some of the same things to the Tropicana that the Pokerati Game tries to bring to the Palms. But still …

source: @RobertGoldfarb

Really … $1k an hour? I mean that’s not quite Carrot Top money, and supposedly Gold’s already had five students pony up … but jeesh … you’d think at that rate they could at least afford a nicer sign!

Additional Resources

• [video] Eliot Spitzer hooker money
• [video] Wall Street Journal on $1,000/hr attorneys
• Richest comedians/Carrot Top net worth

Don’t miss this 3+ hour romp of a Cold Call Show as Drexel joins Micon for a huge facial of DonkDown radio.  Jasmina or whatever from the Donkey Show in Oregon on real radio talks to us about Brandon’s advances.  We discuss the last 3 NFL Football games of the year with Menachum and talk SOPA and PIPA with Pokerati Dan.  We even leave a tilt message on the RIAA voicemail.  Karina calls with Cosmo buffet review and much, much moar!

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Poker continues to gain ground on Capitol Hill! On Monday, Gambling Compliance reported some excellent news (click here, subscription required) in an article entitled Reid Says DoJ Opinion Gives Congress Incentive for Internet Poker Bill.

The article quotes Senate Majority Leader Harry Reid (D-NV) as follows: “It [the Department of Justice’s clarification of its interpretation of the scope of the Wire Act as not including online poker] (will) give us an incentive to get something done. We cannot have a series of laws around the country related to [Internet] gaming, I know a lot about gaming. I’m a former chairman of the Nevada [Gaming] Commission, and I think it’s very important that we have a national law.” The article further states that Sen. Reid has confirmed that he is negotiating with Sen. Jon Kyl (R-AZ) on a federal online poker bill bill!

When articles like this goes public, lawmakers always look at public reaction. So, let’s all do our part and tell both that we wish for them to push forward with appropriate online poker legislation! Fortunately, we can do this quickly and easily.

More…

Too Soon? PokerStars is proud to announce that this has never happened on any PokerStars Caribbean Adventure.

PokerStars may be without a CEO for the time being, as Gabi Campos, who assumed the chief executive position in 2010, reportedly is no longer big boss of the largest real-money online poker site in the world. While it’s not quite clear who told whom to eff off (and Stars has yet to put out a press release insisting all is hunky-dory) … if confirmed, Campos’ ouster/skeedaddling marks the fourth major executive departure at PokerStars since Black Friday.

First to be disappeared (amid some controversy) was veteran EPT Tournament Director Thomas Kremser in May; then last month, EPT founder John Duthie left. And now supposedly Jeffrey Haas, top dog at Global Poker Tours Limited (parent company for PokerStars live events) has been, er … moved on. (Haas’s LinkedIn page lists GPTL as “Past” … and “Director of New Platforms, Mobile & Social Gaming for Pokerstars.com” as current — sounds like “big-money suit demoted to glorified blogger” to me, but hey!)

UPDATE: Interestingly, Campos’ LinkedIn-from-Israel doesn’t list PokerStars as a past or present employer … says he his now working for 888-subsidiary Dragonfish, which we know, of course, in 2010 became an online partner to the WSOP.

What if anything might be behind this extended shakeup on the international live tournament poker scene is hard to say. Read Wendeen Eolis’ report in Poker Player Newspaper here.

Despite Black Friday, PokerStars has maintained its position as the world’s biggest, arguably most important, and possibly most highly regulated and therefore internationally legitimate online poker site. (And they set a Guinness World Record to boot!)

The US Department of Justice, meanwhile, maintains that PokerStars’ success was built on the ill-gotten gains of an illegal enterprise with ties to organized crime … and their founder is still, according to the DOJ, the #1 most wanted online poker criminal.

Here’s a “big” poker happening @CLVPoker catering to a different kinda dbag … the Caesars MBA Poker Championship.

It’s a closed tournament open only to current MBA students and accredited MBA alumni (please show your proof of registration or diploma at the window?) … but with a few hundred chicks and dudes hoping to power-suit their way to the personal 1-percenthood coming to town for multiple days — and tourney instructions that say: “this event has traditionally attracted players who are familiar with Texas Hold-em (so we suggest you read up on the rules before you arrive)” — it might be worth checking out.

Competing with the cash games for their Business School interests are a bunch of “networking seminars” — which are supposedly what draw the MBAers here on this special (to them) pokery weekend.

Check out the vid of what the Caesars Empire currently has populating one poker corner of the Las Vegas Strip:

Some familiar faces and players worth looking up in the charity NLH mix … er … mixed martial arts.

One of my favorite charity tourneys of the year is this Saturday — Operation All In … Randy Couture’s  poker tournament and charity auction benefitting his Xtreme Couture GI Foundation. Karina Jett hosts the event, so you can expect her usual brand of fun and merry band of Full Tilt Red Pros in exile. And because OAI is more MMAish than pokery … well, let’s just say you can be sure to see some rather douchetastic! unique table interaction. And with a reasonable buy-in ($220 w $100 rebuys), you stand to get a fair share of genuine downtown tourists, too — excited by their chance to play with the fighters more so than the poker pros.

The winner gets $10k in cold American cash this year, too … no fancy qualifiers for some future maybe-cool new event in some other country. And though I haven’t personally looked into how legit Randy Couture’s foundation is, I do get a sense he takes the effort kinda personally and isn’t going to let the funds raised here get squandered en route to the beneficiaries. For many soldiers, the war isn’t over just because they are starting to come home.

It’s been an interesting relationship in Vegas between mixed martial arts and poker over the past 12 or so years … the state of which will be on display in the form of tax-deductible feelgood poker … this weekend at the Golden Nugget.

Read below for official deets on what’s going down.

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This is Pokerati’s new Las Vegas poker room column, and I’m the hired hack on the beat.

As a journalist who recently emigrated from the other side of the Mississippi River to divide his time writing and grinding in Las Vegas, the poker capital of the world, I hear a lot of buzz around town. Much of it is just noise, sometimes it’s early rumblings of actual news, and occasionally it’s just really good FYI for Vegas live-poker-room regs.

We hope to have a little bit of everything here for you. Some of the topics I’m looking to explore:

* Just about every casino has a daily tournament — some just a short-handed sit-n-go while others play like a mini-multitable bracelet event. Where can you get the most play for your buy-in? And what’s really going on with the juice?

* Different rooms have different rules. Some, like Tropicana’s Jamie Gold Room, are throwing many of the standards out the window. Which rooms have the strictest rules? Aria, for instance, has a rule against talking to gain information in a heads-up pot. Why?

* More and more casinos are offering rakeback-type promotions. The “get paid to play” trend sweeping through town varies from place to place. What rooms have the best deals? Is it possible to be a live rakeback grinder? What kind of players do these promos attract? What are the upcoming promotions to look out for?

* How should you go about finding the best action, or any action? Is it Venetian’s updated online list of cash games or Bellagio’s Twitter feed? What should you do to get a seat at the juiciest table in the house? Where should you be playing on a Friday night? Can you find a good game on a Monday?

Whether you play every day or visit Vegas once a year, I’m here to keep you informed about what’s happening in the games around town. Whether you’re a tournament grinder, cash game specialist, or maybe even just a live-poker bonus whore, we’ll scope out the action. We’re at the table right beside floor managers, dealers, locals and tourists, and we can’t help chatting it up.

Las Vegas is a 24-7 poker hot spot like no other — what happens here sets standards around the world —  and we want to help you maximize your time on the felt.

Bookmark Dave’s column here; and you can Twit-follow his ramble along the Vegas Strip @RandomPoker.

There’s a trend developing in Vegas (mostly among independent “family-run” casinos) of giving loyal poker denizens cash back for their time at the tables. Makes for a lot of +EV options around town, extra action, and an overall good situation for players.

Here’s how our friends at Palms Poker Room are doling out rebates in their $3500 Weekly Player Appreciation Giveaway … which I’m pretty sure is already under way:

Win your share of $3,500 every week. The more you play, the more you can earn. Palms Poker Room is awarding players $8 an hour for time logged at the table — 5 hour minimum, 74.87 hours max. That’s anywhere from $40 to $599 coming back to you!

We’re counting time each week from Sunday at midnight (12am) until Saturday at 11:59pm. We distribute Player Appreciation Money on Mondays at 11am — in order of most hours to least hours until $3,000 gets paid out.

We then hold five $100 drawings for everyone who played at least five hours but did not get a share. That drawing is at 2pm on Mondays. Players need not be present to win and have 24 hours to claim their cash prize. Any unclaimed monies get rolled over into the next week’s giveaway.