PartyGaming remains confident - 31st December 2009
PartyGaming remains confident
Product suite remains strong: PartyCasino.com, PartyPoker.com, PartyBets.com, PartyGammon.com, PartyBingo.com, World Poker Tour
Strategic purchases and potential mergers on cards for 2010
Leading listed online gaming operator PartyGaming has stated that its revenues since the end of September are expected to be in line with its earlier predictions despite falling over the first nine months of the year.
PartyGaming owns the World Poker Tour land-based poker tournament series and operates popular online poker domain PartyPoker.com alongside leading bingo sites FoxyBingo.com, Mirror Bingo, Think Bingo and Cheeky Bingo.
The operator stated that it would release its financial results for the fourth quarter of 2009 on February 3 and expects clean full-year earnings before interest, tax, depreciation and amortisation to be ‘slightly ahead’ of its expectations.
“As indicated at the time of our third quarter key performance indicators, our business has continued to perform well across the board during the fourth quarter with a return to net revenue growth across all four of our key product verticals,” said Jim Ryan, Chief Executive Officer for the Gibraltar-based operator.
“Returning poker to growth has been a key focus for us. We are pleased to see that the initiatives introduced throughout the year are now feeding through into both operational and financial performance with increased player numbers and average net daily revenues versus the previous quarter, despite continued competition from illegal US-facing sites and the difficult macroeconomic climate.
“Our casino business has also continued to perform well on the back of new games launched on PartyCasino.com as well as higher jackpots with the most recent Mega Gold jackpot paying out close to five million dollars to the lucky winner earlier this month.
“Bingo continues to show substantial growth on the back of the CashCade acquisition in July of 2009.
“In sportsbetting, our gross win margin has benefited from a good run of sporting results and the introduction of improved risk management tools.
“Despite the challenges presented by the prevailing macroeconomic environment, we have not been distracted from the execution of our strategic plan. With the prospect of a number of new and large regulated markets in front of us, an expanding portfolio of business-to-business customers and a return to growth in our core business, we remain confident about the group’s prospects.”
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Wednesday, December 30, 2009
PartyPoker Cash Machine Returns, Features Booster Bonus, by Dan Cypra - 29th December 2009
In January, PartyPoker, one of the world’s longstanding online poker sites, returns the popular Cash Machine promotion. This time, hardcore grinders will earn additional cash as part of a Booster Bonus.
The Cash Machine promotion last ran during the month of September and shelled out a bevy of added funds to PartyPoker players. The promotion returns on January 4th and will run through the end of the month. All players have to do is earn 10 or more PartyPoints on at least 10 days during the 28-day period. Then, PartyPoker officials will take a look at the PartyPoint totals of the 10 highest-earning days and match the lowest one at the rate of $1 per point.
As an example, if a player’s 10 highest PartyPoint total days were 100, 100, 100, 150, 150, 150, 200, 200, 200, and 200, PartyPoker would award a $100 cash bonus, matching the lowest amount. The minimum payout is $10 and there is no maximum amount that PartyPoker will match. For those players who are unable to meet the $10 minimum, a generous consolation prize exists. Text found on PartyPoker’s website explains, “If you can achieve 10 qualifying days of one PartyPoint or more, but fail to earn the minimum cash reward, we’ll give you a seat in our $25,000 Cash Machine freeroll, which takes place at 15:00 ET on Wednesday, 3rd February.”
The Cash Machine Booster Bonus is available to players who earn at least 1,000 PartyPoints per day on 20 out of the 28 days of the promotion. Players who earn between 1,000 and 1,500 PartyPoints for 20 days will earn a $500 Booster Bonus. Players who rack up between 1,500 and 2,000 PartyPoints for 20 days will get a $1,100 Booster Bonus. Players who amass between 2,000 and 2,500 PartyPoints for 20 days will take home a $2,000 Booster Bonus. Players who earn between 2,500 and 3,000 PartyPoints will receive a $3,000 Booster Bonus and those able to surpass 3,000 PartyPoints for 20 days will nab a colossal $5,000 Booster Bonus.
The Cash Machine is an opt-in promotion and players can register for it at any time prior to its conclusion. Once they opt in, PartyPoker will credit players with all PartyPoints earned during the 28 days, regardless of when they sign up. Each qualifying day runs from 00:00 ET to 23:59 ET and days do not have to be consecutive in order to count. All funds earned will be dropped into players’ accounts within 48 hours of the Cash Machine promotion ending.
One day prior to the Cash Machine promotion kicking off, the PartyPoker Monthly Million will play out. The $640 buy-in tournament takes place on the first Sunday of every month and boasts a Championship blind structure. Players begin with 20,000 chips and blinds start at 25-50. The price of poker increases every 20 minutes and antes kick in at Level 6, when blinds are 250-500.
Qualifiers for the Monthly Million run constantly on PartyPoker. Popular ways to enter include a daily Monthly Million Qualifier, a $70 buy-in satellite with at least 19 seats on the line. A Mega Friday Satellite also takes place weekly, featuring a $55 buy-in and 20 seats guaranteed. On Saturdays, two qualifiers take place on PartyPoker offering a combined 18 seats. Country-specific freerolls and daily player point qualifiers also send players to the Monthly Million. Mark your calendars for Sunday, January 3rd, the next running of the Monthly Million.
According to the traffic ranking site PokerScout.com, PartyPoker is the fourth largest site worldwide, with a seven-day running average of 4,500 real money ring game players. It is the second largest not to accept players from the United States, trailing only the massive iPoker Network.
PartyPoker claims World Poker Tour Host and new Poker Hall of Fame inductee Mike Sexton as its ambassador and is currently qualifying players for the L.A. Poker Classic. (Credit: Poker News Daily)
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In January, PartyPoker, one of the world’s longstanding online poker sites, returns the popular Cash Machine promotion. This time, hardcore grinders will earn additional cash as part of a Booster Bonus.
The Cash Machine promotion last ran during the month of September and shelled out a bevy of added funds to PartyPoker players. The promotion returns on January 4th and will run through the end of the month. All players have to do is earn 10 or more PartyPoints on at least 10 days during the 28-day period. Then, PartyPoker officials will take a look at the PartyPoint totals of the 10 highest-earning days and match the lowest one at the rate of $1 per point.
As an example, if a player’s 10 highest PartyPoint total days were 100, 100, 100, 150, 150, 150, 200, 200, 200, and 200, PartyPoker would award a $100 cash bonus, matching the lowest amount. The minimum payout is $10 and there is no maximum amount that PartyPoker will match. For those players who are unable to meet the $10 minimum, a generous consolation prize exists. Text found on PartyPoker’s website explains, “If you can achieve 10 qualifying days of one PartyPoint or more, but fail to earn the minimum cash reward, we’ll give you a seat in our $25,000 Cash Machine freeroll, which takes place at 15:00 ET on Wednesday, 3rd February.”
The Cash Machine Booster Bonus is available to players who earn at least 1,000 PartyPoints per day on 20 out of the 28 days of the promotion. Players who earn between 1,000 and 1,500 PartyPoints for 20 days will earn a $500 Booster Bonus. Players who rack up between 1,500 and 2,000 PartyPoints for 20 days will get a $1,100 Booster Bonus. Players who amass between 2,000 and 2,500 PartyPoints for 20 days will take home a $2,000 Booster Bonus. Players who earn between 2,500 and 3,000 PartyPoints will receive a $3,000 Booster Bonus and those able to surpass 3,000 PartyPoints for 20 days will nab a colossal $5,000 Booster Bonus.
The Cash Machine is an opt-in promotion and players can register for it at any time prior to its conclusion. Once they opt in, PartyPoker will credit players with all PartyPoints earned during the 28 days, regardless of when they sign up. Each qualifying day runs from 00:00 ET to 23:59 ET and days do not have to be consecutive in order to count. All funds earned will be dropped into players’ accounts within 48 hours of the Cash Machine promotion ending.
One day prior to the Cash Machine promotion kicking off, the PartyPoker Monthly Million will play out. The $640 buy-in tournament takes place on the first Sunday of every month and boasts a Championship blind structure. Players begin with 20,000 chips and blinds start at 25-50. The price of poker increases every 20 minutes and antes kick in at Level 6, when blinds are 250-500.
Qualifiers for the Monthly Million run constantly on PartyPoker. Popular ways to enter include a daily Monthly Million Qualifier, a $70 buy-in satellite with at least 19 seats on the line. A Mega Friday Satellite also takes place weekly, featuring a $55 buy-in and 20 seats guaranteed. On Saturdays, two qualifiers take place on PartyPoker offering a combined 18 seats. Country-specific freerolls and daily player point qualifiers also send players to the Monthly Million. Mark your calendars for Sunday, January 3rd, the next running of the Monthly Million.
According to the traffic ranking site PokerScout.com, PartyPoker is the fourth largest site worldwide, with a seven-day running average of 4,500 real money ring game players. It is the second largest not to accept players from the United States, trailing only the massive iPoker Network.
PartyPoker claims World Poker Tour Host and new Poker Hall of Fame inductee Mike Sexton as its ambassador and is currently qualifying players for the L.A. Poker Classic. (Credit: Poker News Daily)
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Tuesday, December 29, 2009
PokerStars Guinness World Record Attempt Attracts 149,196 Players, by Dan Cypra - 28th December 2009
On a night when Full Tilt Poker’s software went down much to the dismay of players everywhere, PokerStars set the Guinness World Record for largest online poker tournament ever held. The event weighed in at 149,196 entrants.
The mark to beat was 65,000 players, set by PokerStars back in July, meaning that the site trumped the standing record by nearly 85,000. PokerStars was quick to put its record-shattering attendance into perspective, saying, “It would fill the Rose Bowl or Wembley stadiums and still have another 60,000 people with tickets waiting outside in the tailgating parking lot.” In addition, the attendance represented well over 20 times the field of the 2009 World Series of Poker (WSOP) Main Event and 30 times the number of rooms at the MGM Grand in Las Vegas.
The Guinness World Record attempt was a $1 buy-in tournament that guaranteed $300,000 in the prize pool. It played out in less than six hours in a Turbo format and oskar69 earned an amazing $50,000 for first place, or 50,000 times his buy-in. Text found on PokerStars’ website admits, “We're sure oskar69 is happy about the ROI from the win today, as no deal was reached and the entire $50,000.00 was awarded for besting this massive field.” Second place went to Bommel222, who earned a not-so-paltry $30,000. A total of 30,000 players finished in the money.
Others who made the final table in the historic poker tournament included TLWPB (third place for $20,000), willis59 (fourth place for $10,000), kruglay (fifth place for $8,000), madmick62 (sixth place for $6,500), DS1982 (seventh place for $5,250), denmil53 (eighth place for $4,000), and bigsnapper7 (ninth place for $3,000). The top 16 players grabbed at least $1,000 for their 100-penny contribution to the pot.
The PokerStars Sunday Million, the site’s hallmark $215 buy-in weekly high-stakes poker tournament, drew 9,344 entrants yesterday, creating a prize pool of $1.8 million. In the end, PokerStars member coach6999 banked $266,000 for the win, defeating BBOY3110 heads-up. The second place finisher claimed a $196,000 consolation prize and the top 1,350 spots paid out. Others who reached the feature table in the Sunday Million included tsakalias (third place for $139,132), schnaggels19 (fourth place for $93,440), mystinen60 (fifth place for $74,752), OBVAMENTS (sixth place for $56,064), robvleugel (seventh place for $37,376), plusmillion (eighth place for $20,557), and Mr Puckey (ninth place for $13,082).
The Sunday Warm-Up, another $215 buy-in online poker tournament that played out on PokerStars yesterday, generated a field of 4,605 entrants, shattering its $750,000 guaranteed prize pool. In the end, NinjasTyle87 banked $144,000 for first place, while .dmmarquez finished with a $107,000 bankroll boost for second place. The top 675 players finished in the money and others who could be found jumping for joy on Sunday afternoon included JBlaze20 (third place for $75,983), montjeu8 (fourth place for $52,037), Comeback2008 (fifth place for $39,143), Steinapride (sixth place for $29,933), haneferd (seventh place for $20,723), ReadOnYou (eighth place for $11,513), and pokerwille (ninth place for $7,368).
Appropriately, PokerStars is the industry’s largest online poker site, according to PokerScout.com, boasting a seven-day running average of 27,800 real money ring game players. During its peak hours, nearly 50,000 call the site home. PokerScout.com claims that PokerStars’ traffic has grown by 37% year over year and, at the time of writing, which is late morning Eastern Time on Monday, 36,000 cash game players are seated. That figure represents more than double the number of players currently found on Full Tilt Poker, the world’s second largest site.
Full Tilt Poker’s $750,000 Guaranteed, Sunday Mulligan, and Sunday Brawl, among other events, did not play out on Sunday due to a software malfunction. Players were refunded based on their chip counts at the time of the crash. (Credit: Poker News Daily)
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On a night when Full Tilt Poker’s software went down much to the dismay of players everywhere, PokerStars set the Guinness World Record for largest online poker tournament ever held. The event weighed in at 149,196 entrants.
The mark to beat was 65,000 players, set by PokerStars back in July, meaning that the site trumped the standing record by nearly 85,000. PokerStars was quick to put its record-shattering attendance into perspective, saying, “It would fill the Rose Bowl or Wembley stadiums and still have another 60,000 people with tickets waiting outside in the tailgating parking lot.” In addition, the attendance represented well over 20 times the field of the 2009 World Series of Poker (WSOP) Main Event and 30 times the number of rooms at the MGM Grand in Las Vegas.
The Guinness World Record attempt was a $1 buy-in tournament that guaranteed $300,000 in the prize pool. It played out in less than six hours in a Turbo format and oskar69 earned an amazing $50,000 for first place, or 50,000 times his buy-in. Text found on PokerStars’ website admits, “We're sure oskar69 is happy about the ROI from the win today, as no deal was reached and the entire $50,000.00 was awarded for besting this massive field.” Second place went to Bommel222, who earned a not-so-paltry $30,000. A total of 30,000 players finished in the money.
Others who made the final table in the historic poker tournament included TLWPB (third place for $20,000), willis59 (fourth place for $10,000), kruglay (fifth place for $8,000), madmick62 (sixth place for $6,500), DS1982 (seventh place for $5,250), denmil53 (eighth place for $4,000), and bigsnapper7 (ninth place for $3,000). The top 16 players grabbed at least $1,000 for their 100-penny contribution to the pot.
The PokerStars Sunday Million, the site’s hallmark $215 buy-in weekly high-stakes poker tournament, drew 9,344 entrants yesterday, creating a prize pool of $1.8 million. In the end, PokerStars member coach6999 banked $266,000 for the win, defeating BBOY3110 heads-up. The second place finisher claimed a $196,000 consolation prize and the top 1,350 spots paid out. Others who reached the feature table in the Sunday Million included tsakalias (third place for $139,132), schnaggels19 (fourth place for $93,440), mystinen60 (fifth place for $74,752), OBVAMENTS (sixth place for $56,064), robvleugel (seventh place for $37,376), plusmillion (eighth place for $20,557), and Mr Puckey (ninth place for $13,082).
The Sunday Warm-Up, another $215 buy-in online poker tournament that played out on PokerStars yesterday, generated a field of 4,605 entrants, shattering its $750,000 guaranteed prize pool. In the end, NinjasTyle87 banked $144,000 for first place, while .dmmarquez finished with a $107,000 bankroll boost for second place. The top 675 players finished in the money and others who could be found jumping for joy on Sunday afternoon included JBlaze20 (third place for $75,983), montjeu8 (fourth place for $52,037), Comeback2008 (fifth place for $39,143), Steinapride (sixth place for $29,933), haneferd (seventh place for $20,723), ReadOnYou (eighth place for $11,513), and pokerwille (ninth place for $7,368).
Appropriately, PokerStars is the industry’s largest online poker site, according to PokerScout.com, boasting a seven-day running average of 27,800 real money ring game players. During its peak hours, nearly 50,000 call the site home. PokerScout.com claims that PokerStars’ traffic has grown by 37% year over year and, at the time of writing, which is late morning Eastern Time on Monday, 36,000 cash game players are seated. That figure represents more than double the number of players currently found on Full Tilt Poker, the world’s second largest site.
Full Tilt Poker’s $750,000 Guaranteed, Sunday Mulligan, and Sunday Brawl, among other events, did not play out on Sunday due to a software malfunction. Players were refunded based on their chip counts at the time of the crash. (Credit: Poker News Daily)
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Sunday, December 27, 2009
Qualifiers begin for Party Poker's Premier League IV
GIBRALTAR (PRESS RELEASE) - 17th December 2009 - PartyPoker has introduced online qualifiers for February's PartyPoker.com Premier League IV, which is to be held in Las Vegas for the very first time! The latest news also sees the confirmation that JC Tran will be back to defend his title!
There are a number of different ways to qualify for Premier League IV from as little as $2. This year PartyPoker.com are running qualifiers to find a total of 16 players who will all fly out to Las Vegas to play in a Premier League Poker play-off to see which one of the 16 will be lucky enough to join 11 professional players in Premier League Poker IV. The lucky online qualifiers will play a short series of play-off sit & go's in Las Vegas and the eventual winner will win a $100,000 buy-in to take part in the main Premier League event! Both the play-off and the main event will be filmed for TV and shown across the world.
A PartyPoker.com spokesman said: "One amazing element of this promotion that provides a truly fantastic opportunity is that one of the 16 qualifiers will be chosen by PartyPoker to receive a $100,000 Team Party contract to be a sponsored player. This decision will be made by PartyPoker within two weeks after the event takes place. We will only get a flavour of who we want to sponsor once we have had a chance to meet and interact with the 16 players that make it out to Las Vegas."
More information on the details and structure can be found at PartyPoker.com
JC Tran won PartyPoker.com Premier League III after taking down the most formidable final table in the event's history! Tran, widely regarded as one of the finest and consistent tournament professionals on the circuit scooped the $300,000 first prize in the elite tournament that saw 12 of the world's finest players battle it out for a $1.25 million prize pool! Tom 'Durrrr' Dwan, Juha Helppi, Tony G, Roland de Wolfe and Peter Eastgate all made the final table.
JC said: "I am very much looking forward to defending my Premier League title. It was a fantastic experience last year and is an amazing format. I am certainly not going to be giving up my crown without a fight!"
Three of the 16 players who make it to Las Vegas will come from the exclusive Palladium Lounge points race, which offers a share of prizes worth more than $155,000, as well as competition for $9,000 PartyPoker.com Premier League play-off event packages. A Palladium Lounge member is guaranteed a share of more than $155,000 if they are one of the top 250 PartyPoint earners between 7 th December 2009 – 3rd January 2010. First place is guaranteed a $9,000 Premier League play off package.
Throughout the month you can check on the leaderboard here: PartyPoker.com
To make it even more exciting, PartyPoker.com will be inviting everybody who finishes in the top 600 to play in the Premier League play off freeroll on the 10th January, where there are two more $9,000 packages and even more cash prizes up for grabs. For more information see: PartyPoker.com
This year's Premier League will carry a total prize pool of over $1.5 million. Premier League II was won by Andy Black and the inaugural event was taken down by Juha Helppi. The PartyPoker.com Premier League is organized by Matchroom Sport.
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GIBRALTAR (PRESS RELEASE) - 17th December 2009 - PartyPoker has introduced online qualifiers for February's PartyPoker.com Premier League IV, which is to be held in Las Vegas for the very first time! The latest news also sees the confirmation that JC Tran will be back to defend his title!
There are a number of different ways to qualify for Premier League IV from as little as $2. This year PartyPoker.com are running qualifiers to find a total of 16 players who will all fly out to Las Vegas to play in a Premier League Poker play-off to see which one of the 16 will be lucky enough to join 11 professional players in Premier League Poker IV. The lucky online qualifiers will play a short series of play-off sit & go's in Las Vegas and the eventual winner will win a $100,000 buy-in to take part in the main Premier League event! Both the play-off and the main event will be filmed for TV and shown across the world.
A PartyPoker.com spokesman said: "One amazing element of this promotion that provides a truly fantastic opportunity is that one of the 16 qualifiers will be chosen by PartyPoker to receive a $100,000 Team Party contract to be a sponsored player. This decision will be made by PartyPoker within two weeks after the event takes place. We will only get a flavour of who we want to sponsor once we have had a chance to meet and interact with the 16 players that make it out to Las Vegas."
More information on the details and structure can be found at PartyPoker.com
JC Tran won PartyPoker.com Premier League III after taking down the most formidable final table in the event's history! Tran, widely regarded as one of the finest and consistent tournament professionals on the circuit scooped the $300,000 first prize in the elite tournament that saw 12 of the world's finest players battle it out for a $1.25 million prize pool! Tom 'Durrrr' Dwan, Juha Helppi, Tony G, Roland de Wolfe and Peter Eastgate all made the final table.
JC said: "I am very much looking forward to defending my Premier League title. It was a fantastic experience last year and is an amazing format. I am certainly not going to be giving up my crown without a fight!"
Three of the 16 players who make it to Las Vegas will come from the exclusive Palladium Lounge points race, which offers a share of prizes worth more than $155,000, as well as competition for $9,000 PartyPoker.com Premier League play-off event packages. A Palladium Lounge member is guaranteed a share of more than $155,000 if they are one of the top 250 PartyPoint earners between 7 th December 2009 – 3rd January 2010. First place is guaranteed a $9,000 Premier League play off package.
Throughout the month you can check on the leaderboard here: PartyPoker.com
To make it even more exciting, PartyPoker.com will be inviting everybody who finishes in the top 600 to play in the Premier League play off freeroll on the 10th January, where there are two more $9,000 packages and even more cash prizes up for grabs. For more information see: PartyPoker.com
This year's Premier League will carry a total prize pool of over $1.5 million. Premier League II was won by Andy Black and the inaugural event was taken down by Juha Helppi. The PartyPoker.com Premier League is organized by Matchroom Sport.
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