Sports Mogul Wins $1 Million in Winner-Take-All Blackjack Tournament at Barona V
lley Ranch Resort & Casino
Entertainment Editors / Business Editors
SAN DIEGO--(BUSINESS WIRE)--http://www.businesswire.com/cgi-bin/mmg.cgi?eid=45
4762--
Joe Maloof, co-owner of the Sacramento Kings and the
Palms Casino & Resort in Las Vegas, won the $1 Million Blackjack
Tournament at the Barona Valley Ranch Resort & Casino yesterday.
Maloof played 120 hands during the two-day, four-round tournament.
Down $16,000 entering the last hand, Maloof hit a $25,000 blackjack to
win the winner-take-all event. His brother Gavin Maloof, co-owner of
the Kings, was eliminated in the semifinals.
Reacting to his million-dollar win Maloof said, "The only thing
that would make me happier is if the Kings won the championship."
Maloof was one of 41 entrants and advanced through the
invitation-only event. After anteing up a $10,000 entrance fee,
contestants were issued $50,000 in tournament chips to be used per
round, with a minimum bet of $1,000 or maximum bet of $25,000 per hand
required.
"We are thrilled that Mr. Maloof won our inaugural Blackjack
Tournament," said Nick Dillon, executive director of casino operations
for the Barona Valley Ranch Resort & Casino. "The caliber of player
and excitement surrounding this first-of-its-kind tournament was
unprecedented and demonstrates that Barona Valley Ranch can attract
high-profile players with our world-class gaming and hospitality."
Blending the best of San Diego's most elegant resorts with the
gaming excitement of Las Vegas, the $260 million Barona Valley Ranch
Resort & Casino is San Diego's leading destination resort featuring
396 luxury guest rooms and suites, a 300,000 square foot casino, a
lakefront wedding chapel, the AmBience Day Spa, a full-service events
center and the 18-hole championship Barona Creek Golf Club, rated the
5th best daily-fee course in California by Golfweek Magazine.
For Barona Valley Ranch Resort & Casino reservations and
information, visit barona.com or call toll free 888-7-BARONA
(722-7662).
KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: GAMING 16831 PHOTOWIRE PHOTO PRODUCT
SOURCE: Barona Valley Ranch Resort & Casino
CONTACT INFORMATION:
Barona Valley Ranch Resort & Casino, San Diego
Audrey Benedetto, 619-236-8397
or
Kelly Jacobs Speer
858-385-1000, ext. 1122 or 619-933-5013
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