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Mohegan, a prominent developer of integrated entertainment resorts globally, has officially named Joseph J. Hasson its Chief Operating Officer (COO), pending regulatory approvals. Hasson has been the interim COO since April, and his appointment solidifies his role in steering the company’s strategic direction.??

“Joe Hasson’s expertise, garnered over more than 40 years in the gaming and hospitality industries, coupled with his exemplary leadership at our Las Vegas property, positions him uniquely to ensure strategic alignment and continuity across Mohegan’s diverse portfolio,” Ray Pineault, President and CEO of Mohegan, said. “We are confident that his leadership as our Chief Operating Officer will be instrumental in our sustained success.”  

Hasson replaced Jody Madigan, who resigned from his role effective Aug. 1. He, however, took a leave of absence in the intervening period.  

According to Mohegan’s press release, Hasson will oversee the day-to-day operations of Mohegan’s resorts across the United States, Canada, and Northern Asia. He will continue his responsibilities as General Manager of Mohegan Casino at Virgin Hotels Las Vegas during its ownership transition. Reporting directly to Pineault, Hasson is expected to enhance operational efficiency and guest satisfaction while upholding Mohegan’s high service standards.  

During the first quarter of this year, Mohegan reported net revenues of $461.7 million (€422.4 million), marking a 13.8 percent increase compared to the same period last year. According to reports, the growth was driven by Mohegan Inspire Entertainment Resort in South Korea which opened in March and features a casino exclusively for foreigners.  

Mohegan Inspire Entertainment Resort is the venue of the upcoming SiGMA Asia Land-Based Retreat happening from Aug. 22-24.  

Hasson will collaborate closely with Mohegan’s leadership team to align strategic processes with the company’s overarching goals. His focus will be on the sustainable growth of Mohegan’s portfolio of entertainment resorts, ensuring long-term success and development.  

Before joining Mohegan, Hasson served as COO of Station Casinos LLC and Red Rock Resorts, Inc.?

In a thrilling conclusion to the 2024 World Series of Poker (WSOP) Main Event, Jonathan Tamayo emerged as the champion, securing a $10 million (approximately €9.2 million) prize. The 38-year-old from Humble, Texas, demonstrated remarkable poker skills and overcame allegations of cheating that arose during the tournament.

“You’re just making decisions and doing your job. Whatever happens happens. You just have to give yourself the best shot possible and just be prepared.”

– Jonathan Tamayo, 2024 World Series of Poker Main Event Winner

Tamayo defied the odds by climbing from seventh place at the final table to claim victory, a feat no player had achieved since 2011. In a tense heads-up match, he triumphed over his opponent, Jordan Griff.

“Everybody who’s great at poker plays this tournament, and I somehow won it and I still can’t believe it. A lot of us start playing it for the money and then when we get good, we start playing it for the prestige. This is both,” Tamayo remarked.

This victory marks the culmination of years of effort for Tamayo, whose previous best performance at the WSOP Main Event was in 2009 when he finished 21st and took home $352,832 (€323,158.83). With this latest win, his career earnings have reached $12.3 million (approximately €11.3 million).

The 2024 @WSOP Main Event Champion is Jonathan Tamayo ??????@driverseati takes home $10,000,000 and the Main Event Bracelet! pic.twitter.com/AfbdyhOsZY

— PokerGO (@PokerGO) July 18, 2024

The climactic moment of the final table arose on the 235th hand, as Tamayo, holding eight-three off-suit, secured victory with a flopped two pair against Griff’s top pair of nines.

Despite the accusations of using solvers in the final table, Tamayo upheld the integrity of the game and expressed his support for new rules to prevent any future misuse of such tools. His win comes in a record-breaking year for the WSOP Main Event, which drew 10,112 players and generated a staggering $94 million (approximately €86.1 million) prize pool, a testament to the fairness and competitiveness of the event.

As the newest addition to iconic poker legends, Tamayo’s triumph represents a momentous achievement in his career. Despite the controversy, his victory at the 2024 WSOP Main Event presents the remarkable success that can be attained through dedication and resilience in the world of poker.

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As the Paris 2024 Olympic Games continue to captivate audiences worldwide, the medal standings have begun to crystallise, showcasing the intense competition and remarkable performances of athletes from around the globe.

At the forefront of the medal tally, the United States leads with 71 medals, including 19 golds, 26 silvers, and 26 bronzes. The American team has showcased its dominance across various sports, from swimming and gymnastics to athletics, reinforcing its position as a powerhouse in international sports.

Following closely is China with 45 medals, comprising 19 golds, 15 silvers, and 11 bronzes. China’s impressive performances in shooting and diving have immensely contributed to their high standing on the medal table.

In third place, host nation France has proudly accumulated 44 medals, with 12 golds, 14 silvers, and 18 bronzes. The French team’s success in sports such as swimming and judo, coupled with their home-field advantage, has propelled them to a notable position in the standings.

Australia, known for its prowess in swimming and track events, has snatched the 4th spot with 31 medals, including 12 golds, 11 silvers, and 8 bronzes.

The United Kingdom has also performed admirably, securing 37 medals so far, with 10 golds, 12 silvers, and 15 bronzes. British athletes have excelled in rowing, swimming, shooting, and equestrian, adding to their impressive tally.

Below are the countries that have stood out in various sports, along with their respective medal counts:

The Paris 2024 Olympic Games mark the return of the Summer Olympics to the French capital for the first time since 1924. Set against the backdrop of historic landmarks such as the Eiffel Tower and the Seine River, this edition of the games aims to blend tradition with innovation, showcasing state-of-the-art venues and a commitment to sustainability.

The Paris Games have introduced several new sports and events, including skateboarding and climbing, which have added a fresh dynamic to the competition. With a focus on inclusivity and environmental responsibility, the games have been celebrated for their efforts to create a more equitable and eco-friendly sporting event.

As the games progress, the medal standings will continue to evolve, reflecting the extraordinary athleticism and dedication of competitors from around the world. Fans and sports enthusiasts can expect more thrilling performances and updates as the Paris 2024 Olympic Games draw closer to their conclusion.

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Vietnam’s gambling market is expected to grow significantly in the coming years, driven by a rising population and an influx of tourists from countries where gambling is legal, according to a study.   

In an interview with SiGMA News during SiGMA Asia, Tim Nguyen, Director of Marketing for Fortuna Investments Worldwide, shared his optimistic outlook for Vietnam’s gaming industry. Nguyen, who brings over 20 years of experience in the casino sector, emphasised the rapid recovery and growth of land-based casinos in Vietnam following the COVID-19 pandemic.? ?

“Land-based casinos in Vietnam are developing very well after the COVID-19 pandemic,” Nguyen stated. He highlighted the influx of tourists from China and Korea as a significant factor driving this growth.  

Vietnam, with its population of almost 100 million and abundant tourist attractions, has become a magnet for international visitors. According to Nguyen, the integrated resorts (IRs) and casinos in Vietnam are thriving, benefiting from the increased footfall of Chinese and Korean tourists. “Vietnam is a very beautiful country with a lot of tourist attractions. So, the Chinese and the Koreans like it, and it’s doing very well,” he added.  

With Thailand on the brink of legalising casinos, concerns about potential competition have arisen. However, Nguyen dismissed these fears, viewing the development as a positive step for the region. “I don’t think it will pose a threat to other neighbouring countries. It (casino legalisation) is good for Thailand. And we really look forward to it,” he remarked.  

Nguyen believes that the potential opening of casinos in Thailand will enhance the overall attractiveness of the region, which may lead to drawing more visitors who may also explore neighbouring countries like Vietnam and Cambodia. “Competition is also a good thing. If the customer is coming to Thailand, they may explore Vietnam or Cambodia,” he explained.  

Meanwhile, Nguyen also talked about Fortuna Investments Worldwide’s commitment to compliance and integrity. Nguyen stressed the importance of adhering to regulations in the gaming industry, particularly in Vietnam, where the casino business is strictly regulated. “Running the casino business in Vietnam is very strictly regulated by the government. So, we are very compliant in terms of AMLs and other rules and regulations,” he asserted. 

Managing compliance across multiple jurisdictions is no small feat, but Nguyen said Fortuna Investments Worldwide has a robust legal department to ensure adherence to local laws in every country it operates. “We have our legal department in our company, so every country we operate, we will be compliant,” Nguyen assured. ?

Looking ahead, Fortuna Investments Worldwide has ambitious plans for expansion within Asia. Nguyen revealed that the company is actively seeking to broaden its presence in Vietnam by opening more slot parlours and slot clubs. “Our long-term strategy is to expand and develop land-based casinos. That is our expertise. And, expanding our slot business operation in Vietnam,” he noted.  

Fortuna’s vision extends beyond Vietnam, with ongoing investments in Laos, the Philippines, and Cambodia. The company aims to establish a stronger foothold in these markets, leveraging its expertise in the gaming sector. “We are expecting to expand our business further. The reason I am coming here [in SiGMA Asia] is to talk to some of our business partners and look for some other clients and suppliers,” Nguyen shared.  

In the next five years, Fortuna Investments Worldwide plans to own at least two smaller casinos in Vietnam and open several slot clubs. “[In] the next five years, we would like to own at least two smaller casinos, legacy casinos in Vietnam and open a couple of slot clubs on our own,” Nguyen outlined. 

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