PartyGaming News: Online gamers set for consolidation wave in 2010
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Consolidation among online gaming firms is set to spark into life in 2010 with a possible deal between PartyGaming and Austria's bwin seen as the potential catalyst for a wave of takeover activity.
"I think 2010 is going to be the determining year," said one senior executive of an online gaming group who asked not be named.
"I do think there's going to be a domino effect, meaning the first deal gets everybody else to run. You don't want to be the last one left without a partner."
If a merger of Party and bwin were to materialize, it could cajole the likes of 888, Sportingbet and Playtech into tie-ups.
Traditional betting firms like Ladbrokes, William Hill and Paddy Power may also look to make acquisitions to boost their online presence.
Numis analyst Wyn Ellis says M&A activity across the sector is "inevitable."
"We believe that consolidation talks are widespread across the online gaming sector and that most companies could be considered to be both potential industry consolidators and takeover targets," he said.
Party and bwin have held early stage talks about a combination which would pair Party's strength in online gaming with bwin's expertise in sports betting.
Analysts say the logic behind the deal is compelling.
"Such a deal would bring Party the critical mass in sportsbook that it lacks, while for bwin, Party's casino and poker products would provide a significant boost to its presence in these markets," said KBC Peel Hunt analyst Nick Batram.
Daniel Stewart analyst James Hollins described the combination as "pretty epic."
"The combination would be very strategically strong. It's a pretty neat fit. PartyGaming is a very good poker brand. To combine that liquidity with bwin's network would be pretty impressive," he said.
Bwin shares have risen by over 300 percent since the beginning of 2009, boosted by ongoing merger speculation, a more favorable regulatory environment and the wider rally in Austrian shares, giving it a market value of $2.2 billion.
That compares with PartyGaming's $1.8 billion valuation, suggesting bwin would be the senior partner in a merger.
"The fact that bwin has edged ahead in terms of market cap may mean that the deal could happen earlier rather than later," said Cheuvreux analyst Alfred Reisenberger.
Hopes of industry consolidation and optimism over growth prospects are reflected in the companies' valuations.
Bwin is trading at around 24.5 times forecast 2009 earnings, compared with a price-earnings ratio for the Wiener Boerse Index of 21.7. PartyGaming is trading at 19.9 times forecast 2009 earnings, compared with a price-earnings ratio of 18.5 for the FTSE All Share Index.
Bwin's previous attempt to enter the lucrative poker market was ill-fated.
It bought Swedish poker operator Ongame in 2006 for almost half a billion euros to get a foot in the door of the United States poker market but its plan was scuppered when the United States effectively outlawed online gambling later in 2006. Bwin wrote off the entire investment in the same year.
Analysts say a number of factors have combined to make sector consolidation more likely over the next twelve months.
Most significant has been PartyGaming's agreement with U.S. authorities which will protect it from being prosecuted over its past activities there.
Deutsche Bank analyst Richard Carter said the settlement had given the online gaming sector "significantly more certainty and confidence and has enabled the capital markets to better understand the potential exposure of other online gaming companies that operated in the U.S."
Other online gaming companies which previously had U.S.-facing activities such as 888 and Sportingbet are also in talks with U.S. authorities with a view to reaching settlements.
The threat of retrospective action being taken against companies created enough uncertainty to derail deals such as Ladbrokes' proposed takeover of 888 which floundered in 2007.
The easing of those fears and greater clarity over the way the industry is regulated have led to banks being more comfortable with the sector and, therefore, more willing to provide credit for deals.
($1=.7122 Euro)
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Thursday, February 04, 2010
PartyGaming Says to Beat Expectations, by Greg Tingle - 3rd February 2010
Online gambling group PartyGaming said it expected to report 2009 EBITDA slightly ahead of the board's expectations and highlighted the prospects for consolidation in the sector.
The company, which operates online gaming websites like PartyPoker.com and PartyCasino.com, said group revenue for the fourth quarter of 2009 was $132 million (82.3 million pounds), up 32 percent on the prior year and 17 percent on the previous quarter.
It said the key drivers behind the performance were a strong performance in casino and sports betting and an increase in new player sign-ups.
"With some of the world's largest gaming sites in poker, casino and bingo, and opportunities to further consolidate the online gaming sector, we are confident about our future prospects," said Chief Executive Jim Ryan on Wednesday.
PartyGaming has held talks with a number of companies over possible consolidation including Austria's bwin. Analysts expect a wave of M&A activity among online gaming groups over the coming year. The company also announced the appointment of Per Widerstrom, previously chief executive of Mangas Gaming, to the newly created role of chief operating officer.
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Online gambling group PartyGaming said it expected to report 2009 EBITDA slightly ahead of the board's expectations and highlighted the prospects for consolidation in the sector.
The company, which operates online gaming websites like PartyPoker.com and PartyCasino.com, said group revenue for the fourth quarter of 2009 was $132 million (82.3 million pounds), up 32 percent on the prior year and 17 percent on the previous quarter.
It said the key drivers behind the performance were a strong performance in casino and sports betting and an increase in new player sign-ups.
"With some of the world's largest gaming sites in poker, casino and bingo, and opportunities to further consolidate the online gaming sector, we are confident about our future prospects," said Chief Executive Jim Ryan on Wednesday.
PartyGaming has held talks with a number of companies over possible consolidation including Austria's bwin. Analysts expect a wave of M&A activity among online gaming groups over the coming year. The company also announced the appointment of Per Widerstrom, previously chief executive of Mangas Gaming, to the newly created role of chief operating officer.
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PartyCasino.com
PartyPoker.com
PartyBingo.com
Foxy Bingo
World Poker Tour
GetMinted.com
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Tuesday, February 02, 2010
Casino News Media - 2nd February 2010
Casino Of The Month: PartyCasino.com
Aussie Millions Champion, Australian Election Odds
Australian Casino Gossip From The Media Man
Australian Internet Censorship Still a Hot Button Topic
Media Man website network attracting 5 million hits per month, Exceeds 20 website portals
Casino Of The Month: PartyCasino.com
Poker Website Of The Month: PokerStars.com
Game Of The Month: Mission: Impossible slot
New Game Of The Month: Hellboy slot
Poker Player Of The Month: Tyron Krost (2010 Aussie Millions champion)
Film / Documentary Of The Month: Casino Jack And The United States Of Money
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Casino Of The Month: PartyCasino.com
Aussie Millions Champion, Australian Election Odds
Australian Casino Gossip From The Media Man
Australian Internet Censorship Still a Hot Button Topic
Media Man website network attracting 5 million hits per month, Exceeds 20 website portals
Casino Of The Month: PartyCasino.com
Poker Website Of The Month: PokerStars.com
Game Of The Month: Mission: Impossible slot
New Game Of The Month: Hellboy slot
Poker Player Of The Month: Tyron Krost (2010 Aussie Millions champion)
Film / Documentary Of The Month: Casino Jack And The United States Of Money
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Monday, February 01, 2010
Aussie Millions Champion, Australia Election Odds, by Greg Tingle - 1st February 2010
Gambling911.com's Man Down Under, Greg Tingle, has all the latest news on the Aussie Millions Champion, James Packer and Australia's election odds.
Aussie Millions Champion Crowned
The 2010 Aussie Millions Main Event has a champion. Tyron Krost is keeping the title in Australia for the second straight year. The 23-year-old battled 746 players over five days to take the title home to Sydney, along with the $2 million AUD first-place prize.
James Packer's City Of Dreams Macau Potential Share Buy In By Harrah's Entertainment
Packer-controlled Crown could get an offer for its $US600 million ($675 million) stake in its Macau gambling joint venture, a US-based analyst report says. Mr David Bain, a gambling and gaming analyst with the Southern California arm of the broking firm Sterne Agee, said in a memo to clients that the world's biggest casino operator, Harrah's Entertainment, was "acutely interested" in buying the 32 per cent stake in Mr. Packer's Melco Crown Entertainment.
Politics - Aussie Election Odds
Australia's political campaigning has began. In the blue corner Tony "Liberal Lout" Abbot and in the red corner (seconded by Stephen "The Blacklist" Conroy), it's Kevin "Bloody" Rudd. Political pundits predict the federal election will be held after July but before November this year. A regular election can be called between August 7 and April 16 2011. What do the bookies say? Labor is a $1.19 short-priced favourite, with the coalition at $4.40. Centrebet's media chief Neil Evans says there's $150,000 in the pool so far, with 75 per cent for Labor and just 25 per cent for the coalition. "There was a bit of a rush when Abbott took over but, by and large, it's been pretty strong for Labor for the last 12 months," he said. There is no doubt Mr Abbott is a totally different political animal to Mr Turnbull - and a more bruising campaigner.
Productivity Report on Australian Gaming
Folks, we won't have to wait much longer for the long awaited report. It gets released this month!
Aussie Renee Mate Wins iGB Affiliate Award
Renee Mate of Sydney, Australia has won the title of Best Casino Affiliate Manager Renee Mate, Rewards Affiliates. Rewards Affiliates flagship brand is Microgaming powered Captain Cooks Casino.
Australia Day Sees Massive Police Numbers At Beaches Following Internet Filter Protests
An unprecedented number of police offers on foot, in "paddy wagon" and on horseback ("mounted police") were present at many Aussie beaches this past Australia Day. Bondi Beach, Cronulla and Manly says a total of multiple hundreds of police. Strong rumours indicated rioting was expected. Tensions remain high with a number of racial hate attacks in the headlines along with Aussies protesting the upcoming Australia Blacklist aka as "The Great Australian Firewall". Over 1000 websites including 3 in the Media Man stable participated in the online Great Australian Internet Blackout.
UFC Australia Sports Betting Interest Red Hot
The Ultimate Fighting Championship is to finally hold an event in Australia this month on the 21st February. The fights will be held at Sydney's Acer Arena. All 16,500 tickets sold out on the first day of sale, technically within 10 minutes! Other than the obvious fights (in the cage) another battle is brewing... the battle for the sports betting dollar on the upcoming UFC Australia fights. The smart money says BetUS.com and PartyBets are in the running, with another 1 or 2 sports betting firms expected to join the fight.
Australia surges into the top 10 of global gambling
With one poker machine for every 110 people, Australia is now in the top 10 international gambling centres, alongside Monaco and Macau. Australia also has the ninth-highest number of gaming machines: 186,344 lined up in pubs, clubs and hotels, according to industry figures.
Betfair Gets Major Worldwide Publicity Via Australian Open Tennis
As if the brand wasn't strong enough already, recent controversy over Betfair's sponsorship of the Australian Open tennis tournament, along with an investigation into a number of matches tipped to have been fixed, has seen Betfair get major national and international news media coverage. Make no mistake, Betfair now is the major sports betting brand in Australia, at least as far as exposure goes, if they weren't already. Ok, maybe not including the TAB that has a decade head start, via the Australian government's TAB on the horse racing and the doggies, but you get the point. Betfair is bringing the fight to the TAB, and may even throw their hat in the ring for the UFC sports betting dollar we're told.
PartyPoker / PartyGaming VS PokerStars.com VS Pacific Poker battle for punters and sponsored players
PartyGaming continue to ramp up their poker and casino offerings in the Asia Pacific, with Australia being target #1. PartyPoker is almost 6 months into their sponsorship agreement with Aussie Millions 2009 winner Stewart Scott. Last week Party signed Aussie Tony G for their Noble Poker brand for starters, and now Party are rumored to be in serious closed door negotiations with 2010 Aussie Millions winner Tyron Krost (who learned to play online poker with Party), along with fellow Aussie and PartyPoker trained, Frederik Jensen. PokerStars face and 2005 WSOP champion Joe Hachem is said to be keen to see PokerStars secure addition sponsored players for the Australian market, and in the meantime Pacific Poker's Shane Warne and Jeff Fenech appear to have lost a lot of shine and exposure of their once dominant presence in the Australian poker landscape. Our picks... PartyGaming's PartyPoker on top, trailed by PokerStars, with Pacific in 3rd place.
iGB Down Under Earmarked For Sydney In March
The iGB Down Under igaming conference is pencilled in to occur in Sydney this March. The event formally known as CAP Down Under, saw close to 500 people attend last year, obviously enough to see event organiser Alex Pratt give the all clear to come back down under for seconds. The rumour mill says sponsorship enquires have been strong with the likes of Party, Betfair and PokerStars all looking to secure major billing.
Casino Canberra In Nation Capital Not Happy
Casino Canberra in the nations capital is being denied entry to the gaming sector as the ACT Labor Government's Labor Clubs grabbed the majority of the almost $100 million profit made by pokies in the ACT last financial year.
The situation is leading to claims of a conflict of interest since Labor club poker machines made $14.21 million profit in 2008-09, just one-seventh of the $98.6 million profit made by all pokies in the ACT over the 12 months.
'Casino Jack' Has Aussie Politicians Buzzing (and worried)
Cannes Film Festival standout documentary 'Casino Jack And The United States Of Money' has a number of Australian Labor Party folks worried, to say the last. The ALP has a long and colourful history of deals with Australian / Asia Pacific gambling and gaming entities. Australia's political parties have received substantial donations from the Aussie gaming industry over the years and major Australian news media outlets have questioned the relationship more than once. This is one to watch. The official 'Casino Jack' website is http://www.takepart.com/casinojack (don't type CasinoJack.com, as it will take you to a porn site!)
Australian Horse Racing Industry To Get Major Overhaul
Leading Australian racing figures and business leaders agree that the Australian horse racing industry is in dire need of a major fix (no, not that kind of fix). Leading the charge are John Singleton, Gerry Harvey and Alan Jones. A number of get togethers have occurred to talk shop, with firms entities such as Betfair, TAB and Racing NSW all seen to play a major role in the revamp. The AJC (Australian Jockey Club) is concerned about what the changes may mean to them as they have been struggling in recent years, as the gamblers dollars continues to been engulfed by internet betting, something that the AJC has not incorporated well into their business model, and that's putting it likely. Some parallels can be drawn towards that way most Las Vegas casinos did not, and still haven't, adapted to the animal that is the internet.
Media Man Global Expansion Continues
Not content with last months launch of www.mediamanaustralia.com to coincide with The Great Australian Internet Blackout week, Media Man starts this month with the launch of http://www.americangamingnews.com in preparation for expected major happenings in the U.S market this year, much of which will be driven a mix of political campaigns, the PPA (Poker Players Alliance), with no doubt Harrah's Entertainment, World Series of Poker and PartyGaming's World Poker Tour in the thick of the action.
Greg Tingle, Gambling911.com
*The writer is the founder and director of media and publicity company, Media Man
*The writer owns shares in Crown Casino
*The writer is a special contributor for Gambling911
Gambling911.com's Man Down Under, Greg Tingle, has all the latest news on the Aussie Millions Champion, James Packer and Australia's election odds.
Aussie Millions Champion Crowned
The 2010 Aussie Millions Main Event has a champion. Tyron Krost is keeping the title in Australia for the second straight year. The 23-year-old battled 746 players over five days to take the title home to Sydney, along with the $2 million AUD first-place prize.
James Packer's City Of Dreams Macau Potential Share Buy In By Harrah's Entertainment
Packer-controlled Crown could get an offer for its $US600 million ($675 million) stake in its Macau gambling joint venture, a US-based analyst report says. Mr David Bain, a gambling and gaming analyst with the Southern California arm of the broking firm Sterne Agee, said in a memo to clients that the world's biggest casino operator, Harrah's Entertainment, was "acutely interested" in buying the 32 per cent stake in Mr. Packer's Melco Crown Entertainment.
Politics - Aussie Election Odds
Australia's political campaigning has began. In the blue corner Tony "Liberal Lout" Abbot and in the red corner (seconded by Stephen "The Blacklist" Conroy), it's Kevin "Bloody" Rudd. Political pundits predict the federal election will be held after July but before November this year. A regular election can be called between August 7 and April 16 2011. What do the bookies say? Labor is a $1.19 short-priced favourite, with the coalition at $4.40. Centrebet's media chief Neil Evans says there's $150,000 in the pool so far, with 75 per cent for Labor and just 25 per cent for the coalition. "There was a bit of a rush when Abbott took over but, by and large, it's been pretty strong for Labor for the last 12 months," he said. There is no doubt Mr Abbott is a totally different political animal to Mr Turnbull - and a more bruising campaigner.
Productivity Report on Australian Gaming
Folks, we won't have to wait much longer for the long awaited report. It gets released this month!
Aussie Renee Mate Wins iGB Affiliate Award
Renee Mate of Sydney, Australia has won the title of Best Casino Affiliate Manager Renee Mate, Rewards Affiliates. Rewards Affiliates flagship brand is Microgaming powered Captain Cooks Casino.
Australia Day Sees Massive Police Numbers At Beaches Following Internet Filter Protests
An unprecedented number of police offers on foot, in "paddy wagon" and on horseback ("mounted police") were present at many Aussie beaches this past Australia Day. Bondi Beach, Cronulla and Manly says a total of multiple hundreds of police. Strong rumours indicated rioting was expected. Tensions remain high with a number of racial hate attacks in the headlines along with Aussies protesting the upcoming Australia Blacklist aka as "The Great Australian Firewall". Over 1000 websites including 3 in the Media Man stable participated in the online Great Australian Internet Blackout.
UFC Australia Sports Betting Interest Red Hot
The Ultimate Fighting Championship is to finally hold an event in Australia this month on the 21st February. The fights will be held at Sydney's Acer Arena. All 16,500 tickets sold out on the first day of sale, technically within 10 minutes! Other than the obvious fights (in the cage) another battle is brewing... the battle for the sports betting dollar on the upcoming UFC Australia fights. The smart money says BetUS.com and PartyBets are in the running, with another 1 or 2 sports betting firms expected to join the fight.
Australia surges into the top 10 of global gambling
With one poker machine for every 110 people, Australia is now in the top 10 international gambling centres, alongside Monaco and Macau. Australia also has the ninth-highest number of gaming machines: 186,344 lined up in pubs, clubs and hotels, according to industry figures.
Betfair Gets Major Worldwide Publicity Via Australian Open Tennis
As if the brand wasn't strong enough already, recent controversy over Betfair's sponsorship of the Australian Open tennis tournament, along with an investigation into a number of matches tipped to have been fixed, has seen Betfair get major national and international news media coverage. Make no mistake, Betfair now is the major sports betting brand in Australia, at least as far as exposure goes, if they weren't already. Ok, maybe not including the TAB that has a decade head start, via the Australian government's TAB on the horse racing and the doggies, but you get the point. Betfair is bringing the fight to the TAB, and may even throw their hat in the ring for the UFC sports betting dollar we're told.
PartyPoker / PartyGaming VS PokerStars.com VS Pacific Poker battle for punters and sponsored players
PartyGaming continue to ramp up their poker and casino offerings in the Asia Pacific, with Australia being target #1. PartyPoker is almost 6 months into their sponsorship agreement with Aussie Millions 2009 winner Stewart Scott. Last week Party signed Aussie Tony G for their Noble Poker brand for starters, and now Party are rumored to be in serious closed door negotiations with 2010 Aussie Millions winner Tyron Krost (who learned to play online poker with Party), along with fellow Aussie and PartyPoker trained, Frederik Jensen. PokerStars face and 2005 WSOP champion Joe Hachem is said to be keen to see PokerStars secure addition sponsored players for the Australian market, and in the meantime Pacific Poker's Shane Warne and Jeff Fenech appear to have lost a lot of shine and exposure of their once dominant presence in the Australian poker landscape. Our picks... PartyGaming's PartyPoker on top, trailed by PokerStars, with Pacific in 3rd place.
iGB Down Under Earmarked For Sydney In March
The iGB Down Under igaming conference is pencilled in to occur in Sydney this March. The event formally known as CAP Down Under, saw close to 500 people attend last year, obviously enough to see event organiser Alex Pratt give the all clear to come back down under for seconds. The rumour mill says sponsorship enquires have been strong with the likes of Party, Betfair and PokerStars all looking to secure major billing.
Casino Canberra In Nation Capital Not Happy
Casino Canberra in the nations capital is being denied entry to the gaming sector as the ACT Labor Government's Labor Clubs grabbed the majority of the almost $100 million profit made by pokies in the ACT last financial year.
The situation is leading to claims of a conflict of interest since Labor club poker machines made $14.21 million profit in 2008-09, just one-seventh of the $98.6 million profit made by all pokies in the ACT over the 12 months.
'Casino Jack' Has Aussie Politicians Buzzing (and worried)
Cannes Film Festival standout documentary 'Casino Jack And The United States Of Money' has a number of Australian Labor Party folks worried, to say the last. The ALP has a long and colourful history of deals with Australian / Asia Pacific gambling and gaming entities. Australia's political parties have received substantial donations from the Aussie gaming industry over the years and major Australian news media outlets have questioned the relationship more than once. This is one to watch. The official 'Casino Jack' website is http://www.takepart.com/casinojack (don't type CasinoJack.com, as it will take you to a porn site!)
Australian Horse Racing Industry To Get Major Overhaul
Leading Australian racing figures and business leaders agree that the Australian horse racing industry is in dire need of a major fix (no, not that kind of fix). Leading the charge are John Singleton, Gerry Harvey and Alan Jones. A number of get togethers have occurred to talk shop, with firms entities such as Betfair, TAB and Racing NSW all seen to play a major role in the revamp. The AJC (Australian Jockey Club) is concerned about what the changes may mean to them as they have been struggling in recent years, as the gamblers dollars continues to been engulfed by internet betting, something that the AJC has not incorporated well into their business model, and that's putting it likely. Some parallels can be drawn towards that way most Las Vegas casinos did not, and still haven't, adapted to the animal that is the internet.
Media Man Global Expansion Continues
Not content with last months launch of www.mediamanaustralia.com to coincide with The Great Australian Internet Blackout week, Media Man starts this month with the launch of http://www.americangamingnews.com in preparation for expected major happenings in the U.S market this year, much of which will be driven a mix of political campaigns, the PPA (Poker Players Alliance), with no doubt Harrah's Entertainment, World Series of Poker and PartyGaming's World Poker Tour in the thick of the action.
Greg Tingle, Gambling911.com
*The writer is the founder and director of media and publicity company, Media Man
*The writer owns shares in Crown Casino
*The writer is a special contributor for Gambling911
Sunday, January 31, 2010
PKR nominated for Casino News Media - Media Man - Global Gaming Directory Awards, by Greg Tingle - December 2010
PKR.com nominated for Casino News Media - Media Man - Global Gaming Directory Awards - December 2010
Award winning online casino and online poker room, PKR.com, made the finals of the Casino News Media - Media Man - Global Gaming Directory "Online Casino of the Month" and "Online Poker Website of the Month".
The news comes as PKR enjoys a wave of momentum with a website revamp, more games, champion players flying the flag for PKR, and "Avatar" type technologies and sports betting on the way.
PKR also offer one of the world's most impressive new player sign ups and rewards systems.
For a unique poker and casino experience in 3D, check out PKR.com today.
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PKR Poker
PKR Casino
Website Network
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PKR.com nominated for Casino News Media - Media Man - Global Gaming Directory Awards - December 2010
Award winning online casino and online poker room, PKR.com, made the finals of the Casino News Media - Media Man - Global Gaming Directory "Online Casino of the Month" and "Online Poker Website of the Month".
The news comes as PKR enjoys a wave of momentum with a website revamp, more games, champion players flying the flag for PKR, and "Avatar" type technologies and sports betting on the way.
PKR also offer one of the world's most impressive new player sign ups and rewards systems.
For a unique poker and casino experience in 3D, check out PKR.com today.
Profiles
PKR
PKR Poker
PKR Casino
Website Network
Casino News Media
Media Man
Media Man International
Poker News Media
Global Gaming Directory
PKR nominated for Casino News Media - Media Man - Global Gaming Directory Awards, by Greg Tingle - December 2010
PKR.com nominated for Casino News Media - Media Man - Global Gaming Directory Awards - December 2010
Award winning online casino and online poker room, PKR.com, made the finals of the Casino News Media - Media Man - Global Gaming Directory "Online Casino of the Month" and "Online Poker Website of the Month".
The news comes as PKR enjoys a wave of momentum with a website revamp, more games, champion players flying the flag for PKR, and "Avatar" type technologies and sports betting on the way.
PKR also offer one of the world's most impressive new player sign ups and rewards systems.
For a unique poker and casino experience in 3D, check out PKR.com today.
Profiles
PKR
PKR Poker
PKR Casino
Website Network
Casino News Media
Media Man
Media Man International
Poker News Media
Global Gaming Directory
PKR.com nominated for Casino News Media - Media Man - Global Gaming Directory Awards - December 2010
Award winning online casino and online poker room, PKR.com, made the finals of the Casino News Media - Media Man - Global Gaming Directory "Online Casino of the Month" and "Online Poker Website of the Month".
The news comes as PKR enjoys a wave of momentum with a website revamp, more games, champion players flying the flag for PKR, and "Avatar" type technologies and sports betting on the way.
PKR also offer one of the world's most impressive new player sign ups and rewards systems.
For a unique poker and casino experience in 3D, check out PKR.com today.
Profiles
PKR
PKR Poker
PKR Casino
Website Network
Casino News Media
Media Man
Media Man International
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Global Gaming Directory
PartyPoker News: PartyPoker's Aussie Millions Millionaire Factory! Online Qualifiers Take First And Second!
PartyPoker's Aussie Millions Millionaire Factory! Online Qualifiers Take First And Second!
Gibraltar – 30th January 2010 – PartyPoker.com has even more reasons to celebrate this week after two of their online qualifiers finished in first and second place in the 2010 Aussie Millions Main Event at the Crown Casino in Melbourne. 23-year-old Tyron Krost, from Bondi, Sydney scooped first place and a stunning AUD$2,000,000, while Frederik Jensen, a 27-year-old from Copenhagen finished runner-up for AUD$1,100,100. The two online qualifiers dominated a final table that included star names such as Annette Obrestad and Sorel Mizzi.
Krost currently works in his family owned office furniture business in Sydney but now looks to be part of the furniture of the world poker circuit after his amazing win. He recently graduated after studying psychology and finance, both excellent skills for poker.
Sipping champagne with his large supporting contingent Krost said: “This is totally unbelievable - it is beyond my wildest dreams. If it is a dream, I don’t want to wake up! In total I spent $700 trying to qualify for a package and I have managed to turn that into AUD$2,000,000! I got some really good spots on the final table. When I needed a hand I seemed to get it.”
“It just hasn’t sunk in at all how much money I have just won. I have no idea what I am going to with it. I cashed at the World Series in 2008 but nothing like this.” One person who was also ecstatic was his girlfriend Carly, who was cheering him on from the rail.
749 players, including 43 PartyPoker.com online qualifiers, took part in the southern hemisphere’s premier poker event this week and one of those players, poker superstar Gus Hansen fell victim to Krost. “Gus knocked me out of the 2008 World Series of Poker Main Event and then I knocked him out in this tournament. Bit spooky that,” added Krost.
Krost’s win means that the Aussie Millions Main Event title stays in Australia and the PartyPoker.com camp for the second year running. Last year’s champion and Team Party member Stewart Scott was amongst the first to pass on congratulations. “I’m delighted for Tyron and I can honestly say I know what he is feeling like right now – it takes your breath away.”
Team Party’s latest signing Tony G was also delighted: “PartyPoker are on a roll. Our players are starting to dominate – it is bike time for the rest!”
Krost had been taking counsel from Tony G before the final table but doesn’t intend to adopt one of the Australian poker idols habits: “I will not be knocking people out and getting them to ride a bike. I will leave that to him!”
Tyron was full of praise for the runner-up and fellow online qualifier Frederik Jensen. “I have to say well played to Frederik. He is an excellent player. It is fantastic that when it came to heads-up there were just two PartyPoker qualifiers left.”
More details on the hands can be found at PartyPoker.com
** Qualifiers are now online at PartyPoker.com for the LA Poker Classic Main Event, which takes place at the Commerce Casino in LA from the 24th February – 4th March. One massive bonus is that if a PartyPoker.com online qualifier wins the tournament, there will be a brilliant $1 million payout with a $500,000 top up going to the winner and $500,000 shared amongst all the other online qualifiers, no matter where they finish in the event! **
More information can be found at: PartyPoker.com
® AUSSIE MILLIONS, AUSSIE MILLIONS POKER CHAMPIONSHIP and CROWN Device and associated trade marks are trade marks of Crown Melbourne Limited. No license, affiliation, sponsorship or endorsement, is claimed, or should be inferred from the use of these trademarks here. PartyGaming is not affiliated, licensed, by, or otherwise affiliated with Crown Melbourne Limited in any way.
World Series of Poker”® and “WSOP”®, WSOPE”® are registered trade marks of Harrah’s License Company LLC. No license, affiliation, sponsorship, or endorsement is claimed, or should be inferred from the use of these trademarks here. PartyGaming is not licensed by or otherwise affiliated with Harrah’s License Company LLC or the World Series of Poker®, in any way.
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PartyPoker's Aussie Millions Millionaire Factory! Online Qualifiers Take First And Second!
Gibraltar – 30th January 2010 – PartyPoker.com has even more reasons to celebrate this week after two of their online qualifiers finished in first and second place in the 2010 Aussie Millions Main Event at the Crown Casino in Melbourne. 23-year-old Tyron Krost, from Bondi, Sydney scooped first place and a stunning AUD$2,000,000, while Frederik Jensen, a 27-year-old from Copenhagen finished runner-up for AUD$1,100,100. The two online qualifiers dominated a final table that included star names such as Annette Obrestad and Sorel Mizzi.
Krost currently works in his family owned office furniture business in Sydney but now looks to be part of the furniture of the world poker circuit after his amazing win. He recently graduated after studying psychology and finance, both excellent skills for poker.
Sipping champagne with his large supporting contingent Krost said: “This is totally unbelievable - it is beyond my wildest dreams. If it is a dream, I don’t want to wake up! In total I spent $700 trying to qualify for a package and I have managed to turn that into AUD$2,000,000! I got some really good spots on the final table. When I needed a hand I seemed to get it.”
“It just hasn’t sunk in at all how much money I have just won. I have no idea what I am going to with it. I cashed at the World Series in 2008 but nothing like this.” One person who was also ecstatic was his girlfriend Carly, who was cheering him on from the rail.
749 players, including 43 PartyPoker.com online qualifiers, took part in the southern hemisphere’s premier poker event this week and one of those players, poker superstar Gus Hansen fell victim to Krost. “Gus knocked me out of the 2008 World Series of Poker Main Event and then I knocked him out in this tournament. Bit spooky that,” added Krost.
Krost’s win means that the Aussie Millions Main Event title stays in Australia and the PartyPoker.com camp for the second year running. Last year’s champion and Team Party member Stewart Scott was amongst the first to pass on congratulations. “I’m delighted for Tyron and I can honestly say I know what he is feeling like right now – it takes your breath away.”
Team Party’s latest signing Tony G was also delighted: “PartyPoker are on a roll. Our players are starting to dominate – it is bike time for the rest!”
Krost had been taking counsel from Tony G before the final table but doesn’t intend to adopt one of the Australian poker idols habits: “I will not be knocking people out and getting them to ride a bike. I will leave that to him!”
Tyron was full of praise for the runner-up and fellow online qualifier Frederik Jensen. “I have to say well played to Frederik. He is an excellent player. It is fantastic that when it came to heads-up there were just two PartyPoker qualifiers left.”
More details on the hands can be found at PartyPoker.com
** Qualifiers are now online at PartyPoker.com for the LA Poker Classic Main Event, which takes place at the Commerce Casino in LA from the 24th February – 4th March. One massive bonus is that if a PartyPoker.com online qualifier wins the tournament, there will be a brilliant $1 million payout with a $500,000 top up going to the winner and $500,000 shared amongst all the other online qualifiers, no matter where they finish in the event! **
More information can be found at: PartyPoker.com
® AUSSIE MILLIONS, AUSSIE MILLIONS POKER CHAMPIONSHIP and CROWN Device and associated trade marks are trade marks of Crown Melbourne Limited. No license, affiliation, sponsorship or endorsement, is claimed, or should be inferred from the use of these trademarks here. PartyGaming is not affiliated, licensed, by, or otherwise affiliated with Crown Melbourne Limited in any way.
World Series of Poker”® and “WSOP”®, WSOPE”® are registered trade marks of Harrah’s License Company LLC. No license, affiliation, sponsorship, or endorsement is claimed, or should be inferred from the use of these trademarks here. PartyGaming is not licensed by or otherwise affiliated with Harrah’s License Company LLC or the World Series of Poker®, in any way.
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