Casino News Media - Media Man Australia - Global Gaming News Update
PartyCasino.com still most popular online casino in Australia, Asia Pacific
Cleopatra remains #1 online casino game globally
Trump Plaza - Casino dealers seek to end representation under UAW
PartyGaming, 888 Holdings focused on global strategy, strategic growth
Harrah's Entertainment buys a slice of Planet Hollywood's debt
Betfair Shock Poker Ad Suggestive 15 Year Old
Crown Casino wins on table deal, despite investigation and protests
Crown Casino prepares for potential record breaking Aussie Millions this January
Virgin Casino access denied errors in Australia, still strong in Europe, UK; PartyCasino, Captain Cooks Casino capitalize
Virgin Games - Virgin Unite - charity drive - Bright-On Target-Virgin Games Set to Raise 10k for Charity
Marvel Entertainment - Disney's purchase of Marvel Entertainment not effecting popularity on Marvel themed online slot games to date
Aspers Damian Aspinall and company quite of late, company restructure rumours
Playtech - Sega sonic slot deal moves forward, CAP, iGaming Business follows up
Playtech powered online casino comp heats up, Casino Las Vegas, Casino King, Casino Swiss, Titan Casino, Casino Tropez, Europa Casino, battle for punters
PKR ramps up online slots, sports betting on the way
Income Access - brand shuffle continues
Mob Candy Magazine, on again, off again dealings with Media Man
Bodog remains keen on South American and coffee deals et al
Argentinean government may regular online gambling this year
Asia Pacific region "the next Macau and promised land" says Media Man Australia
Casino reviews - punters prefer strong, established, proven brands
NRL - some teams and players under spotlight over "tanking", alleged betting on matches
UFC - PartyBets may challenge BetUS.com dominance, Gamebookers ramps up
Las Vegas wild parties at casino - hotels - resorts
Domain name buy ups trend continues in igaming, gaming, online casino space
Hitwise Australia - Media Man Australia network holding dominance, others want in
Multi currency casino options remains an industry favorite
Google pushes forward with online gaming - Monopoly City Streets hits web
Virtual worlds - PartyCasino.com Live Dealer, PKR Casino challenge Second Life's hold
Global Gaming Directory launch pushes Media Man Australia into world's top 50 gaming, igaming most influential
Classic Slots Online and Classic Casino Games niche remains strong
Media companies in Australia starting to push forward sports betting, igaming, following European business model
Poker tournaments - competition heats up between World Poker Tour (PartyGaming), World Series of Poker (Harrah's Entertainment tie in), and others
Poker Cup Australia - PartyPoker.com, Noble Poker and Titan Poker satellites send players to Crown Casino, Melbourne, Australia
YouTube.com popular site for potential and existing online casino game players
Casino legal? - check your local laws in state, city and country
Online gambling - could be more addictive than other forms of gambling says experts
CasinoNewsMedia.com website traffic triples, following GlobalGamingDirectory.com launch
PartyCasino.com wins Media Man Australia - Casino News Media "online casino of the month"
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Thursday, September 17, 2009
Tiffany Michelle Gives the Inside Scoop on Amazing Race, by Dan Cypra - Poker News Daily - 16th September 2009
On September 27th, the 15th installment of the CBS reality franchise “Amazing Race” will kick off at 8:00pm ET. Appearing will be professional poker players Tiffany Michelle and Maria Ho, the last women standing in the 2008 and 2007 World Series of Poker (WSOP) Main Events, respectively. Michelle sat down with Poker News Daily to preview the season.
Poker News Daily: Congratulations on appearing on “Amazing Race.” Tell us how the opportunity came up.
Michelle: Maria Ho and I have been friends for a while and bonded even more recently. There was lots of talk of us doing a reality television show. We agreed that if we did anything, it’d be “Amazing Race.” We thought we’d be an interesting team. With the competition and challenge of the show, it’d be right up our alley. We could take our poker playing background and use it on “Amazing Race.” We had a chance to go through the casting process and were in Las Vegas playing tournaments when we got the call. It was definitely hard to head back to the tables during the WSOP knowing we’d be traveling the world soon.
PND: Had you watched previous seasons of “Amazing Race”?
Michelle: I hadn’t seen a full season, but saw the show on different occasions. It looked challenging and was out of my league. I think it looked fun.
PND: The cast features Harlem Globetrotters and a former Miss America. Talk about the competition that you’ll face on “Amazing Race.”
Michelle: We were surprised to learn that we were the only all-female team this season. We felt pressure to represent women and knew that no all-female team had ever won “Amazing Race.” We thought that our competition consisted of young, big, athletic people. That was going to be our weakness, but we knew that the race tests your mental and physical skills.
PND: Past seasons of “Amazing Race” have included stops in the four corners of the globe. Talk about being able to travel the world.
Michelle: It was a very life-changing experience. I live a wonderful and blessed life. I get to travel and stay in nice hotels. We have a life of luxury and don’t have to sweat it out. It was probably the hardest thing I’ve ever done, mentally and emotionally. I came home and had a whole new appreciation for my life. I feel like I’m so full after the experience.
PND: Talk about your relationship with Maria Ho.
Michelle: I wouldn’t have done “Amazing Race” without her. You have to trust and feel comfortable with your partner. I was excited to share this experience with her. We travel together on the poker circuit already. We’re 10 times closer now.
PND: Is there anything you can take away from Annie Duke’s appearance on “Celebrity Apprentice” that could have helped you on “Amazing Race”?
Michelle: “Celebrity Apprentice” is a different format than “Amazing Race.” You’re competing against different people on your own. On the race, you have a team. There’s not that direct competition and you have the opportunity to work together in a group. We wanted to represent poker well after what happened between Annie and Joan Rivers. We wanted to come off the best that we could. We wanted to play a clean game and give poker players a good name. Also for us, we’re controversial and wanted to show people a different side.
PND: You’re hosting a Hollywood premier of “Amazing Race” that will likely include Tammy and Victor, who won last season’s installment of the reality show. Did they provide any advice before you set out?
Michelle: We got to go to a Labor Day barbeque at Victor’s house. A lot of people who were on “Amazing Race” were there and you felt like a big family. These people know exactly what you went through. Within a few minutes of being there, I felt like I had known them forever. It’s wonderful being a part of something special.
PND: What preparations did you make before the show began filming?
Michelle: I ran out and bought running shoes. I got my cardio up because I knew there was a lot of running involved. Also, we learned how to drive a stick shift. Maria was much better than I was at that, so she was responsible. We watched past episodes and talked about them. We prepped for the unknown as much as we could. I got my butt in the gym and got in touch with the outdoors.
PND: You mentioned in a blog entry before you left that poker will always be around, but doing “Amazing Race” was a once-in-a-lifetime experience. Was it hard walking away from this year’s WSOP Main Event to film?
Michelle: There wasn’t even a doubt in my mind that I wanted to do the show. What I did last year in the Main Event was amazing. As hopeful as I could be to repeat that, I was happy with that punctuation. The Main Event comes around every year and poker is always there. Not only was this an amazing challenge, but it was also an opportunity to be a part of an Emmy Award winning show. To get to do it with someone else sounded like a fun time. (Credit: Poker News Daily)
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On September 27th, the 15th installment of the CBS reality franchise “Amazing Race” will kick off at 8:00pm ET. Appearing will be professional poker players Tiffany Michelle and Maria Ho, the last women standing in the 2008 and 2007 World Series of Poker (WSOP) Main Events, respectively. Michelle sat down with Poker News Daily to preview the season.
Poker News Daily: Congratulations on appearing on “Amazing Race.” Tell us how the opportunity came up.
Michelle: Maria Ho and I have been friends for a while and bonded even more recently. There was lots of talk of us doing a reality television show. We agreed that if we did anything, it’d be “Amazing Race.” We thought we’d be an interesting team. With the competition and challenge of the show, it’d be right up our alley. We could take our poker playing background and use it on “Amazing Race.” We had a chance to go through the casting process and were in Las Vegas playing tournaments when we got the call. It was definitely hard to head back to the tables during the WSOP knowing we’d be traveling the world soon.
PND: Had you watched previous seasons of “Amazing Race”?
Michelle: I hadn’t seen a full season, but saw the show on different occasions. It looked challenging and was out of my league. I think it looked fun.
PND: The cast features Harlem Globetrotters and a former Miss America. Talk about the competition that you’ll face on “Amazing Race.”
Michelle: We were surprised to learn that we were the only all-female team this season. We felt pressure to represent women and knew that no all-female team had ever won “Amazing Race.” We thought that our competition consisted of young, big, athletic people. That was going to be our weakness, but we knew that the race tests your mental and physical skills.
PND: Past seasons of “Amazing Race” have included stops in the four corners of the globe. Talk about being able to travel the world.
Michelle: It was a very life-changing experience. I live a wonderful and blessed life. I get to travel and stay in nice hotels. We have a life of luxury and don’t have to sweat it out. It was probably the hardest thing I’ve ever done, mentally and emotionally. I came home and had a whole new appreciation for my life. I feel like I’m so full after the experience.
PND: Talk about your relationship with Maria Ho.
Michelle: I wouldn’t have done “Amazing Race” without her. You have to trust and feel comfortable with your partner. I was excited to share this experience with her. We travel together on the poker circuit already. We’re 10 times closer now.
PND: Is there anything you can take away from Annie Duke’s appearance on “Celebrity Apprentice” that could have helped you on “Amazing Race”?
Michelle: “Celebrity Apprentice” is a different format than “Amazing Race.” You’re competing against different people on your own. On the race, you have a team. There’s not that direct competition and you have the opportunity to work together in a group. We wanted to represent poker well after what happened between Annie and Joan Rivers. We wanted to come off the best that we could. We wanted to play a clean game and give poker players a good name. Also for us, we’re controversial and wanted to show people a different side.
PND: You’re hosting a Hollywood premier of “Amazing Race” that will likely include Tammy and Victor, who won last season’s installment of the reality show. Did they provide any advice before you set out?
Michelle: We got to go to a Labor Day barbeque at Victor’s house. A lot of people who were on “Amazing Race” were there and you felt like a big family. These people know exactly what you went through. Within a few minutes of being there, I felt like I had known them forever. It’s wonderful being a part of something special.
PND: What preparations did you make before the show began filming?
Michelle: I ran out and bought running shoes. I got my cardio up because I knew there was a lot of running involved. Also, we learned how to drive a stick shift. Maria was much better than I was at that, so she was responsible. We watched past episodes and talked about them. We prepped for the unknown as much as we could. I got my butt in the gym and got in touch with the outdoors.
PND: You mentioned in a blog entry before you left that poker will always be around, but doing “Amazing Race” was a once-in-a-lifetime experience. Was it hard walking away from this year’s WSOP Main Event to film?
Michelle: There wasn’t even a doubt in my mind that I wanted to do the show. What I did last year in the Main Event was amazing. As hopeful as I could be to repeat that, I was happy with that punctuation. The Main Event comes around every year and poker is always there. Not only was this an amazing challenge, but it was also an opportunity to be a part of an Emmy Award winning show. To get to do it with someone else sounded like a fun time. (Credit: Poker News Daily)
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Wednesday, September 16, 2009
Thomas Bichon Wins WPT Cyprus, by Brett Collson - Poker News Daily - 15th September 2009
French pro Thomas Bichon outlasted a field of 181 players to win the inaugural World Poker Tour (WPT) Merit Cypus Classic on Sunday. Bichon collected his first WPT title and a prize of $579,165 after six days of grueling play.
The event, held at the luxurious travel destination in the Mediterranean, attracted many of the game’s most familiar names, including Patrik Antonius, Allen Cunningham, John Juanda, Mike Matusow, Eli Elezra, Chris “Jesus” Ferguson, Annette Obrestad, Jeffrey Lisandro, Dan Harrington, Huck Seed, Antonio Esfandiari, Layne Flack, and November Nine member James Akenhead.
Day 1A of the event brought together 91 players and John Tabatabai ended play with the lead, bagging up 178,275 chips. Ludovic Lacay (140,780) and Tommy Vedes (122,125) trailed Tabatabai on the leaderboard. Day 1B drew another 90 entrants, generating a total prize pool of $1,755,700. Phil Gordon led the way as play ended with 157,000 chips. Jan Skampa (156,000) and Andreas Haden (138,000) finished close on his heels.
The 125 survivors from Day 1 joined together on Day 2 and more than half the field perished, including Tabatabai and Gordon. Leading the 55 players that survived the day was Nenad Medic with 277,000. Medic made a strong push at the end of the night to pass Rony Jazzar and Antony Lellouche for the chip lead. Other survivors in good shape were Vedes, Huck Seed, and Flack.
Day 3 played down to the final 21 before play concluded and, this time, it was Flack who soared to the chip lead, holding 915,000. Rep Porter was second going into Day 4 with 812,000, while Seed, Flack, Jazzar, Medic, and Jonathan “FieryJustice” Little were among the top 10.
With the top 18 players making money, it took just two levels to burst the bubble on Day 5. The unfortunate player left out was Anthony Aboukhalil, who moved all-in for his last 20,000 chips with Kc-6c and was called by Antony Lellouche’s As-Qh. The board was no help to Aboukhalil and he was eliminated in 19th place on the money bubble.
Day 5 wasn’t kind to the big names left in the field. Flack was the first to go in 10th place ($20,760); he was followed by Medic (ninth for $27,680) and Little (eighth for ($38,940). With the final table just one spot away, Huck Seed pushed the last of his stack in with Ad-Jd and Thomas Bichon called with Ks-Qd. Seed was left drawing thin after a Queen hit the flop and he was unable to improve, leaving the tournament in seventh place for $56,240.
The final six were in place for Sunday’s final table. Here’s how it looked going into the day:
Seat1: Thomas Bichon - 1.08 million
Seat 2: Steve Fung - 732,000
Seat 3: Uri Keidar - 1.75 million
Seat 4: Rony Jazzar - 1.80 million
Seat 5: Janar Kiivramees - 727,000
Seat 6: Rep Porter - 1.12 million
Jazar was the first casualty of the final table. On a board of Qs-7s-2h-5d, Jazzar pushed all-in with Kc-Qd for top pair and Keidar called with 8s-6s for flush and straight draws. The 10s river gave Keidar his flush and Jazzar was sent to the rail with $73,535.
Play slowed down quite a bit after Jazzar’s elimination, but Kiivramees (fifth place, $90,835) and Porter (fourth, $121,115) were the next to exit. Porter doubled his short stack several times, but eventually Keidar finished him off when Uri’s Ah-9h held up against Porter’s Kh-Jh. Keidar increased his stack to 1.6 million, but was well behind Bichon, the leader with more than five million. Meanwhile, Fung was nursing a 500,000 chip stack.
With the blinds eating away at his stack, Fung was forced to call an all-in bet out of the big blind with 9d-5d and found himself in bad shape against the Jd-5c of Bichon. Fung’s hand failed to get better and he exited with $216,275 for his third place finish.
Heads-up play between Bichon and Keidar lasted just two hands. First, Bichon limped on the button and Keidar pushed, inducing a fold from Bichon. On the second hand, with Bichon holding more than a 3-1 edge, Keidar raised to 350,000 and Bichon moved all-in. Keidar took some time before calling off his remaining 1.4 million with Jh-10d and was in a coin flip situation against Bichon’s pocket sevens.
Bichon took control when the flop brought As-Ks-7c, giving him a set and leaving Keidar needing a queen to stay alive. The 10h turn and 3s river were no help to Keidar and Bichon was crowned the champion of the inaugural WPT Merit Cyprus Classic. Here were the final results:
1st Place: Thomas Bichon - $579,165
2nd Place: Uri Keidar - $380,645
3rd Place: Steven Fung - $216,275
4th Place: Rep Porter - $121,115
5th Place: Janar Kiivramees - $90,835
6th Place: Rony Jazzar - $73,535 (Credit: Poker News Daily)
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French pro Thomas Bichon outlasted a field of 181 players to win the inaugural World Poker Tour (WPT) Merit Cypus Classic on Sunday. Bichon collected his first WPT title and a prize of $579,165 after six days of grueling play.
The event, held at the luxurious travel destination in the Mediterranean, attracted many of the game’s most familiar names, including Patrik Antonius, Allen Cunningham, John Juanda, Mike Matusow, Eli Elezra, Chris “Jesus” Ferguson, Annette Obrestad, Jeffrey Lisandro, Dan Harrington, Huck Seed, Antonio Esfandiari, Layne Flack, and November Nine member James Akenhead.
Day 1A of the event brought together 91 players and John Tabatabai ended play with the lead, bagging up 178,275 chips. Ludovic Lacay (140,780) and Tommy Vedes (122,125) trailed Tabatabai on the leaderboard. Day 1B drew another 90 entrants, generating a total prize pool of $1,755,700. Phil Gordon led the way as play ended with 157,000 chips. Jan Skampa (156,000) and Andreas Haden (138,000) finished close on his heels.
The 125 survivors from Day 1 joined together on Day 2 and more than half the field perished, including Tabatabai and Gordon. Leading the 55 players that survived the day was Nenad Medic with 277,000. Medic made a strong push at the end of the night to pass Rony Jazzar and Antony Lellouche for the chip lead. Other survivors in good shape were Vedes, Huck Seed, and Flack.
Day 3 played down to the final 21 before play concluded and, this time, it was Flack who soared to the chip lead, holding 915,000. Rep Porter was second going into Day 4 with 812,000, while Seed, Flack, Jazzar, Medic, and Jonathan “FieryJustice” Little were among the top 10.
With the top 18 players making money, it took just two levels to burst the bubble on Day 5. The unfortunate player left out was Anthony Aboukhalil, who moved all-in for his last 20,000 chips with Kc-6c and was called by Antony Lellouche’s As-Qh. The board was no help to Aboukhalil and he was eliminated in 19th place on the money bubble.
Day 5 wasn’t kind to the big names left in the field. Flack was the first to go in 10th place ($20,760); he was followed by Medic (ninth for $27,680) and Little (eighth for ($38,940). With the final table just one spot away, Huck Seed pushed the last of his stack in with Ad-Jd and Thomas Bichon called with Ks-Qd. Seed was left drawing thin after a Queen hit the flop and he was unable to improve, leaving the tournament in seventh place for $56,240.
The final six were in place for Sunday’s final table. Here’s how it looked going into the day:
Seat1: Thomas Bichon - 1.08 million
Seat 2: Steve Fung - 732,000
Seat 3: Uri Keidar - 1.75 million
Seat 4: Rony Jazzar - 1.80 million
Seat 5: Janar Kiivramees - 727,000
Seat 6: Rep Porter - 1.12 million
Jazar was the first casualty of the final table. On a board of Qs-7s-2h-5d, Jazzar pushed all-in with Kc-Qd for top pair and Keidar called with 8s-6s for flush and straight draws. The 10s river gave Keidar his flush and Jazzar was sent to the rail with $73,535.
Play slowed down quite a bit after Jazzar’s elimination, but Kiivramees (fifth place, $90,835) and Porter (fourth, $121,115) were the next to exit. Porter doubled his short stack several times, but eventually Keidar finished him off when Uri’s Ah-9h held up against Porter’s Kh-Jh. Keidar increased his stack to 1.6 million, but was well behind Bichon, the leader with more than five million. Meanwhile, Fung was nursing a 500,000 chip stack.
With the blinds eating away at his stack, Fung was forced to call an all-in bet out of the big blind with 9d-5d and found himself in bad shape against the Jd-5c of Bichon. Fung’s hand failed to get better and he exited with $216,275 for his third place finish.
Heads-up play between Bichon and Keidar lasted just two hands. First, Bichon limped on the button and Keidar pushed, inducing a fold from Bichon. On the second hand, with Bichon holding more than a 3-1 edge, Keidar raised to 350,000 and Bichon moved all-in. Keidar took some time before calling off his remaining 1.4 million with Jh-10d and was in a coin flip situation against Bichon’s pocket sevens.
Bichon took control when the flop brought As-Ks-7c, giving him a set and leaving Keidar needing a queen to stay alive. The 10h turn and 3s river were no help to Keidar and Bichon was crowned the champion of the inaugural WPT Merit Cyprus Classic. Here were the final results:
1st Place: Thomas Bichon - $579,165
2nd Place: Uri Keidar - $380,645
3rd Place: Steven Fung - $216,275
4th Place: Rep Porter - $121,115
5th Place: Janar Kiivramees - $90,835
6th Place: Rony Jazzar - $73,535 (Credit: Poker News Daily)
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Tuesday, September 15, 2009
Poker Hall of Fame
In 1979, Benny Binion, the owner of the Horseshoe Casino, created the the Poker Hall of Fame to preserve the names and legacies of the world's greatest poker players.
Binion was known for the creative ways in which he marketed his Casino. In 1949, he convinced Johnny Moss and Nick the Greek to play high stakes poker where the public could watch them.
In 1970, he invited a group of poker players to compete in what would be the first World Series of Poker (WSOP).
In 1979, he created the Poker Hall of Fame to honor poker's greatest players and to serve as a tourist attraction to his casino.
When Harrah's Entertainment acquired the rights to the WSOP in 2004, they also assumed ownership of the Poker Hall of Fame. Today, membership to the Poker Hall of Fame is handled directly by the WSOP.
Although many of the best known poker players in the world are part of the Hall of Fame, very little is known about some of the earlier members. Many of the earliest pioneers in poker were road gamblers that developed reputations at the cash game before the advent of tournaments. As of 2009, 37 people have been inducted into the Poker Hall of Fame. Fifteen of those people are still living.
Although the original Hall of Fame was created by the Horseshoe Casino as a tourist attraction, the Hall no longer has a physical location; it only exists on paper.
Requirements
Before starting the 2009 WSOP, the WSOP Commissioner Jeffrey Pollack announced that the process for becoming a member into the Poker Hall of Fame would undergo a slight modification. Starting in 2009, the Poker Hall of Fame started accepting nominations from the public. This move is intended to increase interest in the Hall. Almost immediately after this decision was announced, Party Poker started an on-line campaign to get its representative and World Poker Tour commentator Mike Sexton elected to the Hall.
Other poker sites, namely PokerStars' Tom McEvoy, followed suit by pushing their own poker professionals.
The requirements for the Poker Hall of Fame are:
A gambler must have played poker against acknowledged top competition,
Played for high stakes,
Played consistently well, gained the respect of peers,
And stood the test of time.
Or, for non-players, contributed to the overall growth and success of the game of poker, with indelible positive and lasting results.
After receiving the nominations, the WSOP will announce a list of ten candidates eligible for the 2009 class at the WSOP Main Event. The ten players announced were, Phil Ivey, Tom McEvoy, Mike Sexton, Erik Seidel, Dan Harrington, Scotty Nguyen, Tom Dwan, Barry Greenstein, Men Nguyen, and Daniel Negreanu. When Chip Reese was inducted at the age of 40, he was the youngest person to join the Hall. Three of the finalists, Ivey, Negreanu, and Dwan, threaten that distinction. In August, the WSOP will review the nominations from the general public and add any that it deems necessary. Finally, the WSOP will send out ballots to each of the living Hall of Famers and a limited number of people in the media to vote for the 2009 class. The number of media ballots will not exceed the number of voting members from the Hall of Fame. Any person who receives at least 75% of the vote will be inducted into the Hall of Fame at the Main Event Final Table in November 2009.
The award
Being admitted to the Poker Hall of Fame is considered one of the biggest honors in poker. In his acceptance speech, T. J. Cloutier declared, "It's one of two things I've always wanted to win." Barbara Enright, the only woman in the Hall, considers her induction to be a "lifetime achievement honor".
Before being acquired by Harrah's Casino, R.S. Owens and Co was commissioned to design an award for Poker Hall of Famers. The award was an 8-inch-tall piece of glass with a hand of cards sandblasted at the bottom, the winner's name, and the words "Poker Hall of Fame" in a circle. The circle had a gold emblem bonded to the glass and had the Binion's Horseshoe Casino logo in it. There was a gold plated base with three gold-plated stacks of chips.
(Credit: Wikipedia)
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In 1979, Benny Binion, the owner of the Horseshoe Casino, created the the Poker Hall of Fame to preserve the names and legacies of the world's greatest poker players.
Binion was known for the creative ways in which he marketed his Casino. In 1949, he convinced Johnny Moss and Nick the Greek to play high stakes poker where the public could watch them.
In 1970, he invited a group of poker players to compete in what would be the first World Series of Poker (WSOP).
In 1979, he created the Poker Hall of Fame to honor poker's greatest players and to serve as a tourist attraction to his casino.
When Harrah's Entertainment acquired the rights to the WSOP in 2004, they also assumed ownership of the Poker Hall of Fame. Today, membership to the Poker Hall of Fame is handled directly by the WSOP.
Although many of the best known poker players in the world are part of the Hall of Fame, very little is known about some of the earlier members. Many of the earliest pioneers in poker were road gamblers that developed reputations at the cash game before the advent of tournaments. As of 2009, 37 people have been inducted into the Poker Hall of Fame. Fifteen of those people are still living.
Although the original Hall of Fame was created by the Horseshoe Casino as a tourist attraction, the Hall no longer has a physical location; it only exists on paper.
Requirements
Before starting the 2009 WSOP, the WSOP Commissioner Jeffrey Pollack announced that the process for becoming a member into the Poker Hall of Fame would undergo a slight modification. Starting in 2009, the Poker Hall of Fame started accepting nominations from the public. This move is intended to increase interest in the Hall. Almost immediately after this decision was announced, Party Poker started an on-line campaign to get its representative and World Poker Tour commentator Mike Sexton elected to the Hall.
Other poker sites, namely PokerStars' Tom McEvoy, followed suit by pushing their own poker professionals.
The requirements for the Poker Hall of Fame are:
A gambler must have played poker against acknowledged top competition,
Played for high stakes,
Played consistently well, gained the respect of peers,
And stood the test of time.
Or, for non-players, contributed to the overall growth and success of the game of poker, with indelible positive and lasting results.
After receiving the nominations, the WSOP will announce a list of ten candidates eligible for the 2009 class at the WSOP Main Event. The ten players announced were, Phil Ivey, Tom McEvoy, Mike Sexton, Erik Seidel, Dan Harrington, Scotty Nguyen, Tom Dwan, Barry Greenstein, Men Nguyen, and Daniel Negreanu. When Chip Reese was inducted at the age of 40, he was the youngest person to join the Hall. Three of the finalists, Ivey, Negreanu, and Dwan, threaten that distinction. In August, the WSOP will review the nominations from the general public and add any that it deems necessary. Finally, the WSOP will send out ballots to each of the living Hall of Famers and a limited number of people in the media to vote for the 2009 class. The number of media ballots will not exceed the number of voting members from the Hall of Fame. Any person who receives at least 75% of the vote will be inducted into the Hall of Fame at the Main Event Final Table in November 2009.
The award
Being admitted to the Poker Hall of Fame is considered one of the biggest honors in poker. In his acceptance speech, T. J. Cloutier declared, "It's one of two things I've always wanted to win." Barbara Enright, the only woman in the Hall, considers her induction to be a "lifetime achievement honor".
Before being acquired by Harrah's Casino, R.S. Owens and Co was commissioned to design an award for Poker Hall of Famers. The award was an 8-inch-tall piece of glass with a hand of cards sandblasted at the bottom, the winner's name, and the words "Poker Hall of Fame" in a circle. The circle had a gold emblem bonded to the glass and had the Binion's Horseshoe Casino logo in it. There was a gold plated base with three gold-plated stacks of chips.
(Credit: Wikipedia)
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WSOP on ESPN Ratings Reach Highest Levels of 2009, by Dan Cypra - Poker News Daily - 14th September 2009
With Day 3 of the 2009 World Series of Poker (WSOP) Main Event set to kick off on Tuesday night on ESPN, network officials have announced that ratings for the September 8th broadcast were the highest of the 2009 season.
The preview for next week’s WSOP Main Event on ESPN broadcast features 11-time bracelet winner and 1989 Main Event champion Phil Hellmuth proclaiming, “Turbulence is coming.” However, it’s been smooth sailing so far for ESPN during the 2009 installment of the world’s most prestigious tournament series. The 8:00pm ET hour of last week’s telecast scored a 0.97 rating, while the second hour came in at 1.13. So far, the network is 11% ahead of last year’s resoundingly successful broadcast.
Doug White, ESPN’s Senior Director of Programming and Acquisitions, told Poker News Daily, “We’re all very pleased with the ratings thus far. We try not to get too high or low on ratings, but it’s nice when things are moving in a positive direction, so we’re extremely pleased with it.” White was instrumental in keeping the WSOP on ESPN until at least April of 2018 under an extension inked one month ago.
The September 8th broadcast logged a 0.93 rating during the first hour and 0.73 rating during the second hour among males age 18 to 34. The telecast turned in a 0.88 average rating among males age 18 to 49 and 1.03 for males age 25 to 54. ESPN’s broadcast on September 8th netted 954,000 household impressions during the first hour and 1.11 million during the second hour.
ESPN’s WSOP ratings have trended upwards in recent weeks and the network will broadcast its 15th hour-long installment on Tuesday night at 8:00pm ET. On the rise in the ratings, White speculated, “I’d like to think it’s because the quality of our shows are great. Our talent has been tremendous and the production quality has been excellent.” Lon McEachern and Norman Chad once again provide commentary for two hours each week, with Chad recently falling to Full Tilt Poker pro Howard Lederer in a chess match during the popular segment “The Nuts.”
Next week’s Day 3 coverage teases the presence of Hellmuth, Jeffrey Lisandro, Jennifer Harman, Phil Ivey, Phil Laak, Humberto Brenes, Joe Hachem, Dennis Phillips, and Andy Black. In it, McEachern dramatically narrates, “With the field now united, it means our next Main Event champion is in the building. Amongst the players still in the hunt are some of the biggest names in the game, including one man who is the clear favorite to become Player of the Year.” McEachern alludes to Lisandro, who took home three bracelets in the preliminary tournaments leading up to the $10,000 buy-in Main Event for nearly $750,000 total.
The 2009 WSOP Main Event final table features an assortment of characters, including fan favorite Phil Ivey and CardPlayer Editor Jeff Shulman, who has threatened to throw away the Main Event bracelet should he win. On Shulman and Ivey’s presence at the final table, White commented, “I don’t know if it sways our audience positively or negatively, but it brings about discussion. People are talking about it and that’s a good thing. It means the final table is on people’s minds. It’s a fantastic opportunity for players to showcase their personalities and skills on the biggest stage in poker.”
Here is a look at the remaining first-run episodes of the 2009 WSOP Main Event on ESPN. Replays also hit airwaves throughout the week on ESPN’s family of stations, so check local listings for more information. All times are Eastern:
September 15th to September 29th: 8:00pm to 10:00pm
October 6th to November 3rd: 9:00pm to 11:00pm
November 10th: 9:00pm to 11:30pm: WSOP Main Event Final Table. (Credit: Poker News Daily)
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With Day 3 of the 2009 World Series of Poker (WSOP) Main Event set to kick off on Tuesday night on ESPN, network officials have announced that ratings for the September 8th broadcast were the highest of the 2009 season.
The preview for next week’s WSOP Main Event on ESPN broadcast features 11-time bracelet winner and 1989 Main Event champion Phil Hellmuth proclaiming, “Turbulence is coming.” However, it’s been smooth sailing so far for ESPN during the 2009 installment of the world’s most prestigious tournament series. The 8:00pm ET hour of last week’s telecast scored a 0.97 rating, while the second hour came in at 1.13. So far, the network is 11% ahead of last year’s resoundingly successful broadcast.
Doug White, ESPN’s Senior Director of Programming and Acquisitions, told Poker News Daily, “We’re all very pleased with the ratings thus far. We try not to get too high or low on ratings, but it’s nice when things are moving in a positive direction, so we’re extremely pleased with it.” White was instrumental in keeping the WSOP on ESPN until at least April of 2018 under an extension inked one month ago.
The September 8th broadcast logged a 0.93 rating during the first hour and 0.73 rating during the second hour among males age 18 to 34. The telecast turned in a 0.88 average rating among males age 18 to 49 and 1.03 for males age 25 to 54. ESPN’s broadcast on September 8th netted 954,000 household impressions during the first hour and 1.11 million during the second hour.
ESPN’s WSOP ratings have trended upwards in recent weeks and the network will broadcast its 15th hour-long installment on Tuesday night at 8:00pm ET. On the rise in the ratings, White speculated, “I’d like to think it’s because the quality of our shows are great. Our talent has been tremendous and the production quality has been excellent.” Lon McEachern and Norman Chad once again provide commentary for two hours each week, with Chad recently falling to Full Tilt Poker pro Howard Lederer in a chess match during the popular segment “The Nuts.”
Next week’s Day 3 coverage teases the presence of Hellmuth, Jeffrey Lisandro, Jennifer Harman, Phil Ivey, Phil Laak, Humberto Brenes, Joe Hachem, Dennis Phillips, and Andy Black. In it, McEachern dramatically narrates, “With the field now united, it means our next Main Event champion is in the building. Amongst the players still in the hunt are some of the biggest names in the game, including one man who is the clear favorite to become Player of the Year.” McEachern alludes to Lisandro, who took home three bracelets in the preliminary tournaments leading up to the $10,000 buy-in Main Event for nearly $750,000 total.
The 2009 WSOP Main Event final table features an assortment of characters, including fan favorite Phil Ivey and CardPlayer Editor Jeff Shulman, who has threatened to throw away the Main Event bracelet should he win. On Shulman and Ivey’s presence at the final table, White commented, “I don’t know if it sways our audience positively or negatively, but it brings about discussion. People are talking about it and that’s a good thing. It means the final table is on people’s minds. It’s a fantastic opportunity for players to showcase their personalities and skills on the biggest stage in poker.”
Here is a look at the remaining first-run episodes of the 2009 WSOP Main Event on ESPN. Replays also hit airwaves throughout the week on ESPN’s family of stations, so check local listings for more information. All times are Eastern:
September 15th to September 29th: 8:00pm to 10:00pm
October 6th to November 3rd: 9:00pm to 11:00pm
November 10th: 9:00pm to 11:30pm: WSOP Main Event Final Table. (Credit: Poker News Daily)
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Friday, September 11, 2009
Richard Toth Triumphs in Inaugural WPT Slovakia Event, by Jessica Welman - Poker News Daily - 7th September 2009
When the World Poker Tour (WPT) first announced it would be adding a stop in Slovakia for its eighth season, it was unclear how many big name pros would be willing to travel to Bratislava to participate in the event. The final numbers for last week’s Main Event were at a modest 100, but there were still some recognizable faces in the field and at the final table.
The €4,400 buy-in event was held at the Golden Vegas Casino in Bratislava in tandem with the Slovak Poker Sport Federation. The event will not be televised in the United States, but the WPT did add a little taste of the States to the event by flying in noted tournament director Steve Frezer and his crew to oversee all the tournament action.
Some of the other imports who came in for the event were American PokerStars Pro Vanessa Rousso, Full Tilt Pro Gus “The Great Dane” Hansen, DoylesRoom pro Alec “traheho” Torelli and 2009 World Series of Poker (WSOP) bracelet winner Peter “Belabacsi” Traply of Hungary.
Both Torelli and Traply found themselves at the final table of the event, which is familiar territory for the two pros. Torelli finished in 4th place at the WPT season-opening Bellagio Cup V, earning $271,165 and made an appearance at the televised final table of the $40,000 buy-in anniversary event of the WSOP back in May. He finished in 6th place in that event for $329,730. So far this year, Torelli has won $695,291.
Traply has had an equally successful run. In April of this year he made the final table of the European Poker Tour’s Grand Finale at Monte Carlo, finishing in 8th place for $241,238. Then, in June, the young Hungarian took down the $5,000 No Limit Hold’em Shootout Event at the WSOP for $348,755. The achievement was a benchmark not just for Traply, but for his country as it was Hungary’s first-ever WSOP title.
Hungary had a strong showing in Slovakia as well. Traply was joined at the final table by fellow Hungarian Richard Toth. According to Czech poker site Pokerzive.cz, Traply was the extreme short stack heading into final table play while Torelli came in with the chip lead. Here are the complete chip counts from the start of the final table:
Seat 1: Alec Torelli (1,064,000 chips)
Seat 2: Richard Toth (781,000 chips)
Seat 3: Boris Zelený (469,000 chips)
Seat 4: Saŝa Stenčič (439,000 chips)
Seat 5: Marec Tatar (160,000 chips)
Seat 6: Peter Traply (63,000 chips)
An early double up by Traply kept him alive long enough to avoid going out in 6th place. Marec Tatar, the other short stack at the table, was less fortunate and was the first to fall in 6th place. Traply’s comeback would be short-lived and he would be the next player eliminated. Despite beginning the day with the chip lead, Torelli made his exit in 4th, matching his previous WPT final table performance at the Bellagio. In the end it was the other Hungarian, Toth, who would emerge victorious at his first WPT final table. He earned €104,000 for the win and added a WPT victory to the rapidly growing list of Hungarian poker achievements.
The complete results from the final table are as follows:
1st: Richard Toth - €104,000
2nd: Boris Zelený - €66,000
3rd: Saŝa Stenčič - €42,000
4th: Alec Torelli - €31,000
5th: Peter Traply - €25,000
6th: Marec Tatar - €20,000
The next WPT international stop in Cyprus is already underway and after only one of two starting days, it appears as if it will draw a substantially larger crowd than its Slovakian counterpart. (Credit: Poker News Daily)
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When the World Poker Tour (WPT) first announced it would be adding a stop in Slovakia for its eighth season, it was unclear how many big name pros would be willing to travel to Bratislava to participate in the event. The final numbers for last week’s Main Event were at a modest 100, but there were still some recognizable faces in the field and at the final table.
The €4,400 buy-in event was held at the Golden Vegas Casino in Bratislava in tandem with the Slovak Poker Sport Federation. The event will not be televised in the United States, but the WPT did add a little taste of the States to the event by flying in noted tournament director Steve Frezer and his crew to oversee all the tournament action.
Some of the other imports who came in for the event were American PokerStars Pro Vanessa Rousso, Full Tilt Pro Gus “The Great Dane” Hansen, DoylesRoom pro Alec “traheho” Torelli and 2009 World Series of Poker (WSOP) bracelet winner Peter “Belabacsi” Traply of Hungary.
Both Torelli and Traply found themselves at the final table of the event, which is familiar territory for the two pros. Torelli finished in 4th place at the WPT season-opening Bellagio Cup V, earning $271,165 and made an appearance at the televised final table of the $40,000 buy-in anniversary event of the WSOP back in May. He finished in 6th place in that event for $329,730. So far this year, Torelli has won $695,291.
Traply has had an equally successful run. In April of this year he made the final table of the European Poker Tour’s Grand Finale at Monte Carlo, finishing in 8th place for $241,238. Then, in June, the young Hungarian took down the $5,000 No Limit Hold’em Shootout Event at the WSOP for $348,755. The achievement was a benchmark not just for Traply, but for his country as it was Hungary’s first-ever WSOP title.
Hungary had a strong showing in Slovakia as well. Traply was joined at the final table by fellow Hungarian Richard Toth. According to Czech poker site Pokerzive.cz, Traply was the extreme short stack heading into final table play while Torelli came in with the chip lead. Here are the complete chip counts from the start of the final table:
Seat 1: Alec Torelli (1,064,000 chips)
Seat 2: Richard Toth (781,000 chips)
Seat 3: Boris Zelený (469,000 chips)
Seat 4: Saŝa Stenčič (439,000 chips)
Seat 5: Marec Tatar (160,000 chips)
Seat 6: Peter Traply (63,000 chips)
An early double up by Traply kept him alive long enough to avoid going out in 6th place. Marec Tatar, the other short stack at the table, was less fortunate and was the first to fall in 6th place. Traply’s comeback would be short-lived and he would be the next player eliminated. Despite beginning the day with the chip lead, Torelli made his exit in 4th, matching his previous WPT final table performance at the Bellagio. In the end it was the other Hungarian, Toth, who would emerge victorious at his first WPT final table. He earned €104,000 for the win and added a WPT victory to the rapidly growing list of Hungarian poker achievements.
The complete results from the final table are as follows:
1st: Richard Toth - €104,000
2nd: Boris Zelený - €66,000
3rd: Saŝa Stenčič - €42,000
4th: Alec Torelli - €31,000
5th: Peter Traply - €25,000
6th: Marec Tatar - €20,000
The next WPT international stop in Cyprus is already underway and after only one of two starting days, it appears as if it will draw a substantially larger crowd than its Slovakian counterpart. (Credit: Poker News Daily)
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American Carter Phillips Wins EPT Barcelona, by Jessica Welman - Poker News Daily - 10th September 2009
It was a nearly wire to wire performance for 20-year old Carter Phillips at the final table of the European Poker Tour’s (EPT) recent tournament in Barcelona. Phillips came into the last day of play on Wednesday atop the chip counts and stayed there, briefly relinquishing his chip lead only once the entire day. Phillips capped off a remarkable poker performance with a memorable three hour-long heads-up match against popular British pro Marc Goodwin that pitted an online pro against a longtime brick and mortar grinder for the title of EPT Barcelona Season Six Champion.
For the first time in the EPT’s six-year history the Barcelona event did not open the season and that honor was bestowed on the newly added EPT Kiev spot instead. Perhaps because players were fresh off participating in that EPT event, the Barcelona stop saw a significant drop in participants this year, falling from a field of 619 last year to 478 players this year. The 23% decline can also be attributed to a number of major tournaments running in Europe at the same time. The World Poker Tour’s (WPT) newly added international stops at Slovakia and Cyprus both overlapped the Barcelona event and the Partouche Poker Tour is running as well. This is also the first indication that the EPT could potentially suffer the same kind of drop off in numbers that has been occurring Stateside for over a year.
Smaller field aside, the event was still packed with a wealth of talent from the online poker world like newly signed PokerStars Pro and EPT winner Jason Mercier, Lex “RasZi” Veldhuis, Faraz “The-Toliet” Jaka, Joe Serock and November Nine member Joe Cada. The live pros also turned out in full force with Full Tilt Pro Roland de Wolfe, Katja Thater, Freddy Deeb, Daniel Negreanu and “Miami” John Cernuto taking part as well.
As the field dwindled, there were three former EPT champions who all were making a run at another title. De Wolfe, Bertrand “ElkY” Grospellier and two-time EPT winner Michael “Timex” McDonald all made it to the final three tables of the event. It was the youngest of the past winners, McDonald, who came the closest to the final table with an 11th place finish. It looked as though this year’s LA Poker Classic winner Cornell Andrew Cimpan was final table bound as well, but he was eliminated shortly after McDonald in 10th place.
While proven champions were falling left and right, Phillips was proving himself as a dangerous and talented young poker player. The American won three satellites into the event and chopped one of the smaller buy-in side events in Barcelona already and his hot streak carried over into the Main Event. His huge bluff with 6-8 against Goodwin’s A-K on an ace high board was the talk of the tournament room as play wound down and the final table was set.
The final table got off to a slow start as the mid-level stacks laid low waiting for the shortest-stacked players to bust. Gergios Kapalas was the first player eliminated, but the next one to fall actually started the day third in chips. Matt Lapossie developed a reputation for relentless aggression during his time in Spain and it was that aggression that led to his demise in 7th place when he shoved all-in holding J-4 to Toni Ojala’s pocket queens.
Local favorite Santiago Terrazas came into the final table with one of the shortest stacks, but he doubled up and picked up enough pots to end up in the final three. A Spanish EPT Barcelona was not in the cards though and his elimination set up the heads-up showdown between Goodwin and Phillips.
After battling back and forth for hours it would be a bluff that kept Goodwin from his first EPT title. Except this time it was Goodwin trying to pull off the semi-bluff while Phillips held top pair. With the board reading K-5-4-Q moved all-in for his last 4 million chips—nearly a million more than what was in the pot—and Phillips agonized over the decision before calling with K-J. Goodwin showed A-10 for a gutshot straight draw and when an ace or jack failed to materialize on the river, Phillips was the new EPT Barcelona Champion.
Here are the complete results from Wednesday’s final table:
1st: Carter Phillips - €850,000
2nd: Marc Goodwin - €530,000
3rd: Santiago Terrazas - €300,000
4th: Mihai Manole - €250,000
5th: Asa Smith - €200,000
6th: Toni Ojala - €160,000
7th: Matt Lapossie - €120,000
8th: Georgios Kapalas - €80,000 (Credit: Poker News Daily)
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It was a nearly wire to wire performance for 20-year old Carter Phillips at the final table of the European Poker Tour’s (EPT) recent tournament in Barcelona. Phillips came into the last day of play on Wednesday atop the chip counts and stayed there, briefly relinquishing his chip lead only once the entire day. Phillips capped off a remarkable poker performance with a memorable three hour-long heads-up match against popular British pro Marc Goodwin that pitted an online pro against a longtime brick and mortar grinder for the title of EPT Barcelona Season Six Champion.
For the first time in the EPT’s six-year history the Barcelona event did not open the season and that honor was bestowed on the newly added EPT Kiev spot instead. Perhaps because players were fresh off participating in that EPT event, the Barcelona stop saw a significant drop in participants this year, falling from a field of 619 last year to 478 players this year. The 23% decline can also be attributed to a number of major tournaments running in Europe at the same time. The World Poker Tour’s (WPT) newly added international stops at Slovakia and Cyprus both overlapped the Barcelona event and the Partouche Poker Tour is running as well. This is also the first indication that the EPT could potentially suffer the same kind of drop off in numbers that has been occurring Stateside for over a year.
Smaller field aside, the event was still packed with a wealth of talent from the online poker world like newly signed PokerStars Pro and EPT winner Jason Mercier, Lex “RasZi” Veldhuis, Faraz “The-Toliet” Jaka, Joe Serock and November Nine member Joe Cada. The live pros also turned out in full force with Full Tilt Pro Roland de Wolfe, Katja Thater, Freddy Deeb, Daniel Negreanu and “Miami” John Cernuto taking part as well.
As the field dwindled, there were three former EPT champions who all were making a run at another title. De Wolfe, Bertrand “ElkY” Grospellier and two-time EPT winner Michael “Timex” McDonald all made it to the final three tables of the event. It was the youngest of the past winners, McDonald, who came the closest to the final table with an 11th place finish. It looked as though this year’s LA Poker Classic winner Cornell Andrew Cimpan was final table bound as well, but he was eliminated shortly after McDonald in 10th place.
While proven champions were falling left and right, Phillips was proving himself as a dangerous and talented young poker player. The American won three satellites into the event and chopped one of the smaller buy-in side events in Barcelona already and his hot streak carried over into the Main Event. His huge bluff with 6-8 against Goodwin’s A-K on an ace high board was the talk of the tournament room as play wound down and the final table was set.
The final table got off to a slow start as the mid-level stacks laid low waiting for the shortest-stacked players to bust. Gergios Kapalas was the first player eliminated, but the next one to fall actually started the day third in chips. Matt Lapossie developed a reputation for relentless aggression during his time in Spain and it was that aggression that led to his demise in 7th place when he shoved all-in holding J-4 to Toni Ojala’s pocket queens.
Local favorite Santiago Terrazas came into the final table with one of the shortest stacks, but he doubled up and picked up enough pots to end up in the final three. A Spanish EPT Barcelona was not in the cards though and his elimination set up the heads-up showdown between Goodwin and Phillips.
After battling back and forth for hours it would be a bluff that kept Goodwin from his first EPT title. Except this time it was Goodwin trying to pull off the semi-bluff while Phillips held top pair. With the board reading K-5-4-Q moved all-in for his last 4 million chips—nearly a million more than what was in the pot—and Phillips agonized over the decision before calling with K-J. Goodwin showed A-10 for a gutshot straight draw and when an ace or jack failed to materialize on the river, Phillips was the new EPT Barcelona Champion.
Here are the complete results from Wednesday’s final table:
1st: Carter Phillips - €850,000
2nd: Marc Goodwin - €530,000
3rd: Santiago Terrazas - €300,000
4th: Mihai Manole - €250,000
5th: Asa Smith - €200,000
6th: Toni Ojala - €160,000
7th: Matt Lapossie - €120,000
8th: Georgios Kapalas - €80,000 (Credit: Poker News Daily)
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Thursday, September 10, 2009
$140,000 in Rewards for Titan Poker Pot Limit Omaha Players
9th September 2009
Back by popular demand, the latest season of Titan Poker's Omaholics Promotion is being re-launched during the months of September and October.
Loyal Omaha poker players will be rewarded with huge cash prizes based on their game play, with more than $140,000 in prize money to be distributed to the top Pot Limit Omaha players. These players will be ranked based on the number of raked hands they have generated.
All players with raked hands at Pot Limit Omaha tables with $0.10/$0.20 and up are eligible to participate in the promotion. Players are ranked on leaderboards, posted on the Titan Poker website and updated regularly. The Omaholics Promotion runs from September 7, 2009, until midnight, October 18, 2009.
Titan Poker will also be staging a new weekly tournament called the Monday Night Omaha an additional attraction for Omaha poker enthusiasts. This series is specifically structured to provide plenty of play (5,000 in starting chips, 15 minute levels). The tournament will feature an $8,000 Guaranteed Prize and a $100 buy-in, and will be launched on September 21.
Titan Poker stages innovative and exciting promotions and tournaments, and awards seats to all the major poker tournaments around the world, including the World Series of Poker, the Asian Poker Tour, the Aussie Millions, the ECPokerTour, and the Irish Open. Titan Poker invites online poker players, both amateurs and poker enthusiasts, to enjoy the benefits of the improved Club Titan, the world’s most rewarding online VIP Poker Club.
About Titanpoker.com:
TitanPoker.com is the number one online poker room in Europe and part of the iPoker Network. Titan Poker's software is developed and maintained by Playtech, a public company and leading gaming software developer. With nearly 30,000 online players at peak hours, Titan Poker guarantees $16,000,000 in monthly prizes, features special sit 'n' go tournaments with progressive jackpots as high as $100,000, and awards players with entries to major worldwide poker tournaments. The Titan Poker brand is promoted exclusively by Euro Partners (http://www.europartners.com).
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9th September 2009
Back by popular demand, the latest season of Titan Poker's Omaholics Promotion is being re-launched during the months of September and October.
Loyal Omaha poker players will be rewarded with huge cash prizes based on their game play, with more than $140,000 in prize money to be distributed to the top Pot Limit Omaha players. These players will be ranked based on the number of raked hands they have generated.
All players with raked hands at Pot Limit Omaha tables with $0.10/$0.20 and up are eligible to participate in the promotion. Players are ranked on leaderboards, posted on the Titan Poker website and updated regularly. The Omaholics Promotion runs from September 7, 2009, until midnight, October 18, 2009.
Titan Poker will also be staging a new weekly tournament called the Monday Night Omaha an additional attraction for Omaha poker enthusiasts. This series is specifically structured to provide plenty of play (5,000 in starting chips, 15 minute levels). The tournament will feature an $8,000 Guaranteed Prize and a $100 buy-in, and will be launched on September 21.
Titan Poker stages innovative and exciting promotions and tournaments, and awards seats to all the major poker tournaments around the world, including the World Series of Poker, the Asian Poker Tour, the Aussie Millions, the ECPokerTour, and the Irish Open. Titan Poker invites online poker players, both amateurs and poker enthusiasts, to enjoy the benefits of the improved Club Titan, the world’s most rewarding online VIP Poker Club.
About Titanpoker.com:
TitanPoker.com is the number one online poker room in Europe and part of the iPoker Network. Titan Poker's software is developed and maintained by Playtech, a public company and leading gaming software developer. With nearly 30,000 online players at peak hours, Titan Poker guarantees $16,000,000 in monthly prizes, features special sit 'n' go tournaments with progressive jackpots as high as $100,000, and awards players with entries to major worldwide poker tournaments. The Titan Poker brand is promoted exclusively by Euro Partners (http://www.europartners.com).
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Wednesday, September 09, 2009
Casino News Media - Global Gaming Directory - Media Man Australia News Update
PartyGaming's PartyCasino.com Jackpot Exceeds 4 Million Euro
James Packer, Aussie media mogul resigns from Sunland Challenger, eyes U.S Casinos
Ocean’s Producer Claims Assistant Threatened Him With Gun
Gold Coast Titans, others, suspected of throwing games, News Limited reports
Online bingo still growing in Asia Pacific, United States, Europe
Bodog does Canada, global expansion plans
CryptoLogic talks re Disney buy of Marvel Entertainment, slots safe at least to 2012?
PartyCasino.com branded slot rumors; KISS, Bra Boys, Andre The Giant, Kerry Packer
Titan Casino offering huge sign up bonuses
Poker Cup Australia, satellites via PartyPoker.com, Noble Poker and Titan Poker
Egyptian themed online slot games mega popular, Cleopatra #1, Tomb Raider gains ground
Mobile casino games, mobile games - Australia's Media Man inundated by telco interest
Casino affiliate industry under spotlight, PartyPartners, Virgin Games, PKR, Rewards Affiliates remain strong
CAP Euro Rebranded Budapest Affiliate Conference
PKR Heads Up Event will feature Dwan and Schwartz
Bwin loses Portuguese monopoly challenge
Sky Vegas, Sky Bet, Sky Bingo, Sky Poker, Rupert Murdoch tries luck in igaming push
Virgin Casino gains with Rainbow Riches online slot
Media Man Australia website network approaching 3 million hits for month, Global Gaming Directory boosts figures
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PartyGaming's PartyCasino.com Jackpot Exceeds 4 Million Euro
James Packer, Aussie media mogul resigns from Sunland Challenger, eyes U.S Casinos
Ocean’s Producer Claims Assistant Threatened Him With Gun
Gold Coast Titans, others, suspected of throwing games, News Limited reports
Online bingo still growing in Asia Pacific, United States, Europe
Bodog does Canada, global expansion plans
CryptoLogic talks re Disney buy of Marvel Entertainment, slots safe at least to 2012?
PartyCasino.com branded slot rumors; KISS, Bra Boys, Andre The Giant, Kerry Packer
Titan Casino offering huge sign up bonuses
Poker Cup Australia, satellites via PartyPoker.com, Noble Poker and Titan Poker
Egyptian themed online slot games mega popular, Cleopatra #1, Tomb Raider gains ground
Mobile casino games, mobile games - Australia's Media Man inundated by telco interest
Casino affiliate industry under spotlight, PartyPartners, Virgin Games, PKR, Rewards Affiliates remain strong
CAP Euro Rebranded Budapest Affiliate Conference
PKR Heads Up Event will feature Dwan and Schwartz
Bwin loses Portuguese monopoly challenge
Sky Vegas, Sky Bet, Sky Bingo, Sky Poker, Rupert Murdoch tries luck in igaming push
Virgin Casino gains with Rainbow Riches online slot
Media Man Australia website network approaching 3 million hits for month, Global Gaming Directory boosts figures
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Tuesday, September 08, 2009
PartyGaming News Media Update
PartyGaming Friday reported a less-than-expected 6.5% fall in first-half earnings, hurt by the stronger dollar against the pound and fierce poker competition online, and said second-half trading so far has been in line with management's expectations.
Chief Executive Jim Ryan advised trading in the three weeks ended 18th August, which represents the peak holiday season in most of the group's core markets, has been "strong," inline with management's business expectations.
Mr Ryan said the company's three-year strategy is on track and that it remains "confident about the group's prospects and look forward to the rest of the year with confidence."
Earnings before interest, tax, depreciation and amortization from continuing operations - the key figure watched by U.K. gaming analysts - fell 6.5% to $60.7 million in the first half to June 30, ahead of market expectations of $58.7 million. This compares with $64.9 million over the same period last year.
First-half net revenue dropped 21% to $201.3 million, inline with expectations, from $254.8 million a year earlier.
PartyGaming, the world's biggest listed-online gaming group by market capitalization, has been on the acquisition trail since its long-awaited settlement with U.S. authorities over its defunct gaming operations there in April.
Its first purchase was London-based bingo and casino operator Cashcade Ltd. for GBP95.9 million last month, and earlier this week it agreed to buy the bulk of WPT Enterprises Inc.'s operating assets for $12.3 million as well as 5% of the revenue generated by the assets.
Gibraltar-based PartyGaming didn't declare an interim dividend, in line with expectations, preferring to stock-pile money for "attractive consolidation opportunities." The U.K.-listed company hasn't paid a dividend since the U.S. government banned the online gaming industry in October 2006.
PartyGaming shares closed at 266 pence, valuing the company at GBP1.08 billion on the London Stock Exchange. The stock has risen 37% since January, fueled by its legal settlement with U.S. authorities and expansion plans.
PartyGaming's flagship brands are PartyCasino.com, PartyPoker.com, and is looking to ramp up its recent purchased brands, World Poker Tour and Foxy Bingo.
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PartyGaming Friday reported a less-than-expected 6.5% fall in first-half earnings, hurt by the stronger dollar against the pound and fierce poker competition online, and said second-half trading so far has been in line with management's expectations.
Chief Executive Jim Ryan advised trading in the three weeks ended 18th August, which represents the peak holiday season in most of the group's core markets, has been "strong," inline with management's business expectations.
Mr Ryan said the company's three-year strategy is on track and that it remains "confident about the group's prospects and look forward to the rest of the year with confidence."
Earnings before interest, tax, depreciation and amortization from continuing operations - the key figure watched by U.K. gaming analysts - fell 6.5% to $60.7 million in the first half to June 30, ahead of market expectations of $58.7 million. This compares with $64.9 million over the same period last year.
First-half net revenue dropped 21% to $201.3 million, inline with expectations, from $254.8 million a year earlier.
PartyGaming, the world's biggest listed-online gaming group by market capitalization, has been on the acquisition trail since its long-awaited settlement with U.S. authorities over its defunct gaming operations there in April.
Its first purchase was London-based bingo and casino operator Cashcade Ltd. for GBP95.9 million last month, and earlier this week it agreed to buy the bulk of WPT Enterprises Inc.'s operating assets for $12.3 million as well as 5% of the revenue generated by the assets.
Gibraltar-based PartyGaming didn't declare an interim dividend, in line with expectations, preferring to stock-pile money for "attractive consolidation opportunities." The U.K.-listed company hasn't paid a dividend since the U.S. government banned the online gaming industry in October 2006.
PartyGaming shares closed at 266 pence, valuing the company at GBP1.08 billion on the London Stock Exchange. The stock has risen 37% since January, fueled by its legal settlement with U.S. authorities and expansion plans.
PartyGaming's flagship brands are PartyCasino.com, PartyPoker.com, and is looking to ramp up its recent purchased brands, World Poker Tour and Foxy Bingo.
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Monday, September 07, 2009
Casino News Media - Global Gaming Directory - Media Man Australia News Update
PartyGaming's PartyCasino.com stays keen on branded slots
PartyCasino.com Naked Gun and Resident Evil already a hit
Crown Casino live poker events upcoming, Poker Cup Australia followed by Aussie Millions in January
Global Gaming Directory.com heading towards Hitwise top ten status, following Media Man Australia's recent Hitwise Award
Casino affiliate industry under spotlight, following Income Access - Smart Live situation
Multi currency options and global strategy very sound, experts agree
UIGEA, iMEGA can't stay out of the news, U.S legal debate continues
Sky Bet, Sky Vegas, Murdoch company making forward progress
Hollywood branded mobile slots predicted to shake up Australian market
Horse Racing betting sector in Australia to go more digital, online
NRL - National Rugby League and club websites dominate Hitwise top ten, Betezy gains
Wrestling news - WWE and TNA open to more online gaming activity
Casino press - industry in battle for unique content, news breaking stories
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PartyGaming's PartyCasino.com stays keen on branded slots
PartyCasino.com Naked Gun and Resident Evil already a hit
Crown Casino live poker events upcoming, Poker Cup Australia followed by Aussie Millions in January
Global Gaming Directory.com heading towards Hitwise top ten status, following Media Man Australia's recent Hitwise Award
Casino affiliate industry under spotlight, following Income Access - Smart Live situation
Multi currency options and global strategy very sound, experts agree
UIGEA, iMEGA can't stay out of the news, U.S legal debate continues
Sky Bet, Sky Vegas, Murdoch company making forward progress
Hollywood branded mobile slots predicted to shake up Australian market
Horse Racing betting sector in Australia to go more digital, online
NRL - National Rugby League and club websites dominate Hitwise top ten, Betezy gains
Wrestling news - WWE and TNA open to more online gaming activity
Casino press - industry in battle for unique content, news breaking stories
Global Gaming Directory
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Saturday, September 05, 2009
Richard Branson Plays Online Casino At? ... Virgin Casino From Virgin Games, by Greg Tingle
Ok, we admit, it's a headline and eyeball grabber, but hey, we're just following the lead by arguably the world's greatest publicity stunt guru, and celebrated business tycoon, Mr.. um, Sir Richard.
Sir Richard Branson has been publicly spotted at casinos a few times over the years. Most recently at The Palms in Vegas, where a stunt didn't go quite as planned, scraping the casino with his pants and hands, and fortunately escaping with his life, thus cheating death, something he's accustomed to with his planes, trains, automobiles and hot air balloons... oh, and now space ships.
Earlier this year Mr Branson was spotted with Australian media tycoon, James Packer, at the Melbourne Grand Prix, but Branson didn't try his luck at Crown, although Mr Tom Cruise (from Top Gun and Mission: Impossible fame) and family did a few months later. Branson also scored (or should that be campaigned) a cameo in Casino Royale a few years ago, if you want to include that "buy in", or gift in kind.
By the way, readers, unfortunately Australian players can't play online casino at Virgin Casino, due to technical reasons we will leave for the legal eagles, however punters can plan in person at Mr Packer's Crown Casino, TAB's Star City Casino, or online via our friends at PartyCasino.com or Captain Cooks Casino, and if poker is your poised and your based down under in Australia, try PartyPoker.com, Noble Poker or Titan Poker, and you might even quality to play at the Poker Cup at Crown Casino next month!
Aussie tongues are also wagging about the Aussie Millions coming up at Crown this January, and PartyGaming is setting the agenda on a global scale with their recent purchase of the World Poker Tour, for a cool 13 million or thereabouts.
Our friends in the national and international news media community provided more than adequate media coverage of the World Poker Tour deal, and they have been more than fair to Branson and his Virgin Group of Companies over the years also.
So, if online casino is your poison and your ISP or firewall will let you into VirginCasino.com, go for it, and if not, try the Global Gaming Directory, World Casino Directory, World Gaming Director or Multi Currency Casino, you might bypass Virgin, and end up at PartyCasino.com Mr Branson should forgive you if you have no other choice, and he might like to write to Australia's ACMA in the meantime to see if it's the Aussie great firewall playing games, or something else.
In any event, work hard and party hard, be it a Virgin, Party Casino animal, or World Poker Tour high flyer. Australia's Team Goanna and Gumleaf Mafia would be proud of the business and casino entrepreneurs efforts, and Mr Packer, CAP, Gambling911, GPWA, Poker News Daily and EGR, keep the bastards honest.
Branson, Packer, Ryan, Ayre, Garber, Weizer, Trump, Adelson, Wynn, Murdoch, Costigan... your're throw of the dice. Cheers me maties.
*Greg Tingle is the founder and director of the Media Man Australia group of companies.
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Ok, we admit, it's a headline and eyeball grabber, but hey, we're just following the lead by arguably the world's greatest publicity stunt guru, and celebrated business tycoon, Mr.. um, Sir Richard.
Sir Richard Branson has been publicly spotted at casinos a few times over the years. Most recently at The Palms in Vegas, where a stunt didn't go quite as planned, scraping the casino with his pants and hands, and fortunately escaping with his life, thus cheating death, something he's accustomed to with his planes, trains, automobiles and hot air balloons... oh, and now space ships.
Earlier this year Mr Branson was spotted with Australian media tycoon, James Packer, at the Melbourne Grand Prix, but Branson didn't try his luck at Crown, although Mr Tom Cruise (from Top Gun and Mission: Impossible fame) and family did a few months later. Branson also scored (or should that be campaigned) a cameo in Casino Royale a few years ago, if you want to include that "buy in", or gift in kind.
By the way, readers, unfortunately Australian players can't play online casino at Virgin Casino, due to technical reasons we will leave for the legal eagles, however punters can plan in person at Mr Packer's Crown Casino, TAB's Star City Casino, or online via our friends at PartyCasino.com or Captain Cooks Casino, and if poker is your poised and your based down under in Australia, try PartyPoker.com, Noble Poker or Titan Poker, and you might even quality to play at the Poker Cup at Crown Casino next month!
Aussie tongues are also wagging about the Aussie Millions coming up at Crown this January, and PartyGaming is setting the agenda on a global scale with their recent purchase of the World Poker Tour, for a cool 13 million or thereabouts.
Our friends in the national and international news media community provided more than adequate media coverage of the World Poker Tour deal, and they have been more than fair to Branson and his Virgin Group of Companies over the years also.
So, if online casino is your poison and your ISP or firewall will let you into VirginCasino.com, go for it, and if not, try the Global Gaming Directory, World Casino Directory, World Gaming Director or Multi Currency Casino, you might bypass Virgin, and end up at PartyCasino.com Mr Branson should forgive you if you have no other choice, and he might like to write to Australia's ACMA in the meantime to see if it's the Aussie great firewall playing games, or something else.
In any event, work hard and party hard, be it a Virgin, Party Casino animal, or World Poker Tour high flyer. Australia's Team Goanna and Gumleaf Mafia would be proud of the business and casino entrepreneurs efforts, and Mr Packer, CAP, Gambling911, GPWA, Poker News Daily and EGR, keep the bastards honest.
Branson, Packer, Ryan, Ayre, Garber, Weizer, Trump, Adelson, Wynn, Murdoch, Costigan... your're throw of the dice. Cheers me maties.
*Greg Tingle is the founder and director of the Media Man Australia group of companies.
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Friday, September 04, 2009
Poker in the Sky Takes Game to New Extremes, by Jessica Welman - Poker News Daily - 3rd September 2009
PartyPoker and Ace Magazine’s latest live poker event is taking the game to new heights—literally. In a move that will surely differentiate the upcoming Poker in the Sky event from others around Europe, the 22-person tournament will take place 150 feet in the air over Town Hall in Copenhagen, Denmark.
The players are not just battling on the rooftop of a high rise, either. Instead, they will be seated at poker tables on a platform that will be hoisted 150 feet in the air by crane and stay for there for four hours until the event is complete. The tournament is scheduled to take place on Friday, September 11th.
PartyPoker customers who reside in Denmark were able to satellite their way into this unique event online and the winner of Poker in the Sky will receive a buy-in to October’s PartyPoker World Open V as well as hotel and airfare for the televised event. The World Open V is scheduled to take place at London’s Palm Beach Casino from October 11th to 15th. The Poker in the Sky qualifier will join a lineup of players that includes PartyPoker spokesperson Mike Sexton, Neil Channing, Tom “durrrr” Dwan, Luke “FullFlush” Schwartz, and J.C. Tran.
In a statement released by PartyPoker, a spokesperson for the site explained the motivation behind creating such a unique venue for Poker in the Sky: “Poker is a high octane game and we want to give the Danish poker players a special experience that will really boost their adrenaline levels. We have an expectation that it will be the most spectacular poker event Copenhagen has ever seen.”
While the event will likely be both entertaining and exciting, it is not suited for everyone. A PartyPoker spokesperson told Poker News Daily that one qualifier already changed his mind about participating once he realized just how high up 150 feet really was. Despite the one player’s reservations, the tournament is scheduled to proceed as planned and PartyPoker has several surprises in the works, including two celebrity players participating in the event.
This is actually not the first time poker has taken to the skies. In July of 2006, the online poker site InterPoker hosted a poker tournament aboard a plane as part of its Extreme Poker Tour. Five players, including Phil “The Unabomber” Laak, participated in a sit and go tournament in which participants were forced to sky dive off once they were eliminated. The Extreme Poker events also included two tournaments that took place underwater and one that was held on an Arctic ice shelf in Finland.
Poker in the Sky may not require its players to bungee jump from the sky-high platform back to the ground, but there should still be plenty of excitement and nerve-wracking action. “We think it will be a great spectacle and it also offers our players a unique experience if they have a head for heights,” a PartyPoker representative told Poker News Daily. There is no word yet on whether the event will be televised and more details about Poker in the Sky will be revealed in the days leading up to it. (Credit: Poker News Daily)
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PartyPoker and Ace Magazine’s latest live poker event is taking the game to new heights—literally. In a move that will surely differentiate the upcoming Poker in the Sky event from others around Europe, the 22-person tournament will take place 150 feet in the air over Town Hall in Copenhagen, Denmark.
The players are not just battling on the rooftop of a high rise, either. Instead, they will be seated at poker tables on a platform that will be hoisted 150 feet in the air by crane and stay for there for four hours until the event is complete. The tournament is scheduled to take place on Friday, September 11th.
PartyPoker customers who reside in Denmark were able to satellite their way into this unique event online and the winner of Poker in the Sky will receive a buy-in to October’s PartyPoker World Open V as well as hotel and airfare for the televised event. The World Open V is scheduled to take place at London’s Palm Beach Casino from October 11th to 15th. The Poker in the Sky qualifier will join a lineup of players that includes PartyPoker spokesperson Mike Sexton, Neil Channing, Tom “durrrr” Dwan, Luke “FullFlush” Schwartz, and J.C. Tran.
In a statement released by PartyPoker, a spokesperson for the site explained the motivation behind creating such a unique venue for Poker in the Sky: “Poker is a high octane game and we want to give the Danish poker players a special experience that will really boost their adrenaline levels. We have an expectation that it will be the most spectacular poker event Copenhagen has ever seen.”
While the event will likely be both entertaining and exciting, it is not suited for everyone. A PartyPoker spokesperson told Poker News Daily that one qualifier already changed his mind about participating once he realized just how high up 150 feet really was. Despite the one player’s reservations, the tournament is scheduled to proceed as planned and PartyPoker has several surprises in the works, including two celebrity players participating in the event.
This is actually not the first time poker has taken to the skies. In July of 2006, the online poker site InterPoker hosted a poker tournament aboard a plane as part of its Extreme Poker Tour. Five players, including Phil “The Unabomber” Laak, participated in a sit and go tournament in which participants were forced to sky dive off once they were eliminated. The Extreme Poker events also included two tournaments that took place underwater and one that was held on an Arctic ice shelf in Finland.
Poker in the Sky may not require its players to bungee jump from the sky-high platform back to the ground, but there should still be plenty of excitement and nerve-wracking action. “We think it will be a great spectacle and it also offers our players a unique experience if they have a head for heights,” a PartyPoker representative told Poker News Daily. There is no word yet on whether the event will be televised and more details about Poker in the Sky will be revealed in the days leading up to it. (Credit: Poker News Daily)
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Thursday, September 03, 2009
Casino News Media - Media Man Australia News Update
Global Gaming Directory Goes Live - 1st September 2009
Disney to Acquire Marvel Entertainment
Illegal bookmaker Approached Australian Ashes Player
Australian based Media Man Australia Affiliate Site Reports Happy Ending
Casino News Media - Media Man Australia News Update - 1st September 2009
Casino Attacks Continue in Australia - 26th August 2009
Million-Dollar Online Poker Tournament Next Month - August 2009
iPoker Network Launches Monthly Million Tournament
PartyCasino Releases More Slot Games - August 2009
PartyGaming Moves For World Poker Tour Assets With Superior Offer
Australian Pokies - most popular online slots
Online Casino Of The Month:
PartyCasino.com
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Global Gaming Directory Goes Live - 1st September 2009
Disney to Acquire Marvel Entertainment
Illegal bookmaker Approached Australian Ashes Player
Australian based Media Man Australia Affiliate Site Reports Happy Ending
Casino News Media - Media Man Australia News Update - 1st September 2009
Casino Attacks Continue in Australia - 26th August 2009
Million-Dollar Online Poker Tournament Next Month - August 2009
iPoker Network Launches Monthly Million Tournament
PartyCasino Releases More Slot Games - August 2009
PartyGaming Moves For World Poker Tour Assets With Superior Offer
Australian Pokies - most popular online slots
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Wednesday, September 02, 2009
Online firm buoyed by casino growth - 1st September 2009
Online gaming firm PartyGaming has said its casino operations had gone from "strength to strength" after a 17% surge in average daily revenues.
The owner of brands including PartyCasino and FoxyBingo said significant expansion in casino following the launch of 60 new games and a marketing drive helped deliver an "outstanding" first half performance for the division.
Underlying earnings in casino rose 34.8% to 36 million US dollars (£22.2 million) in the half year to June 30, with average daily revenues increasing 17% between the second and first quarters of the year.
The gains offset pressure on its PartyPoker division after strong competition left poker earnings 29% lower at 25.7 million US dollars (£15.8 million).
Overall group earnings from continuing operations fell to 60.7 million US dollars (£37.4 million) from 64.9 million US dollars a year earlier.
Chief executive Jim Ryan said: "Casino has been our star performer and continues to go from strength-to-strength, consolidating our position as the world's leading online casino."
Year-on-year currency movements meant total revenues fell to 201.3 million US dollars (£124.1 million), but the reverse impact on its cost base limited the fall in underlying earnings, the company said.
PartyGaming reported a bottom-line loss of 66.9 million US dollars (£41.2 million) due to payments associated with a non-prosecution agreement with US authorities.
The company offered internet gaming to players in the US, including poker, from 1997 until such services were banned in 2006. It voluntarily exited the market when the legislation came into force, but prior to October 2006 some US transactions were contrary to certain US laws.
It has agreed to pay 105 million US dollars (£70.7 million), payable in stages up until September 2012, in order to resolve the legacy issues.
Credit: PartyGaming, Wires, PA, Google News
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Online gaming firm PartyGaming has said its casino operations had gone from "strength to strength" after a 17% surge in average daily revenues.
The owner of brands including PartyCasino and FoxyBingo said significant expansion in casino following the launch of 60 new games and a marketing drive helped deliver an "outstanding" first half performance for the division.
Underlying earnings in casino rose 34.8% to 36 million US dollars (£22.2 million) in the half year to June 30, with average daily revenues increasing 17% between the second and first quarters of the year.
The gains offset pressure on its PartyPoker division after strong competition left poker earnings 29% lower at 25.7 million US dollars (£15.8 million).
Overall group earnings from continuing operations fell to 60.7 million US dollars (£37.4 million) from 64.9 million US dollars a year earlier.
Chief executive Jim Ryan said: "Casino has been our star performer and continues to go from strength-to-strength, consolidating our position as the world's leading online casino."
Year-on-year currency movements meant total revenues fell to 201.3 million US dollars (£124.1 million), but the reverse impact on its cost base limited the fall in underlying earnings, the company said.
PartyGaming reported a bottom-line loss of 66.9 million US dollars (£41.2 million) due to payments associated with a non-prosecution agreement with US authorities.
The company offered internet gaming to players in the US, including poker, from 1997 until such services were banned in 2006. It voluntarily exited the market when the legislation came into force, but prior to October 2006 some US transactions were contrary to certain US laws.
It has agreed to pay 105 million US dollars (£70.7 million), payable in stages up until September 2012, in order to resolve the legacy issues.
Credit: PartyGaming, Wires, PA, Google News
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Tuesday, September 01, 2009
Casino News Media - Media Man Australia News Update
Global Gaming Directory.com attracts 50,000 hits on first day
PartyCasino.com releases Resident Evil, The Naked Gun and Bejeweled slot games
European casino, online casino companies maintain b2b interest in Asia Pacific
Disney to Acquire Marvel Entertainment for $4 billion, may boost Marvel themed slots
Gaming entrepreneurs, Daniel Tzvetkoff, Calvin Ayre, on the rebound
World Poker Tour - PartyGaming deal website spike continues, Australia's Crown, Star City interested
Palace Station founder Frank Fertitta Jr dies
PartyBets.com popularity grows with UFC coverage, comparisons made with BetUS.com
Ric Flair enjoying Carolina lottery rewards
Grand Slam of Slots international appeal
Titan Poker ups the ante for poker bonuses, Titan Casino boost
Hollywood slot games popularity maintained; Rambo, The Terminator, The Hulk, Tomb Raider
Cleopatra online slot game holds #1 position, Cleo 3 rumours, following Cleo mobile
Mobile gaming, mobile casino sector still growing
CAP Euro 2009 could get overbooked
Gambling911.com enjoying record web traffic, mainstream press in Australia
Media companies embrace sports betting, bingo, more online casino integration on cards
Google inc rumored to be building gaming arm of company
Multi currency casino directory thumbs up by punters
Media Man Australia website portfolio exceeds a dozen website, with Global Gaming Directory and Classic Casino Games website portals, more sites planned
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Global Gaming News
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Australian Casino News
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World Poker Tour
PartyBets.com
PartyCasino.com
Global Gaming Directory.com attracts 50,000 hits on first day
PartyCasino.com releases Resident Evil, The Naked Gun and Bejeweled slot games
European casino, online casino companies maintain b2b interest in Asia Pacific
Disney to Acquire Marvel Entertainment for $4 billion, may boost Marvel themed slots
Gaming entrepreneurs, Daniel Tzvetkoff, Calvin Ayre, on the rebound
World Poker Tour - PartyGaming deal website spike continues, Australia's Crown, Star City interested
Palace Station founder Frank Fertitta Jr dies
PartyBets.com popularity grows with UFC coverage, comparisons made with BetUS.com
Ric Flair enjoying Carolina lottery rewards
Grand Slam of Slots international appeal
Titan Poker ups the ante for poker bonuses, Titan Casino boost
Hollywood slot games popularity maintained; Rambo, The Terminator, The Hulk, Tomb Raider
Cleopatra online slot game holds #1 position, Cleo 3 rumours, following Cleo mobile
Mobile gaming, mobile casino sector still growing
CAP Euro 2009 could get overbooked
Gambling911.com enjoying record web traffic, mainstream press in Australia
Media companies embrace sports betting, bingo, more online casino integration on cards
Google inc rumored to be building gaming arm of company
Multi currency casino directory thumbs up by punters
Media Man Australia website portfolio exceeds a dozen website, with Global Gaming Directory and Classic Casino Games website portals, more sites planned
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Friday, August 28, 2009
PKR Website Updated
The PKR.com website has been updated. Players and affiliates alike are delighted with the updates thus far.
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PKR.com
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The PKR.com website has been updated. Players and affiliates alike are delighted with the updates thus far.
Website
PKR.com
Websites of reference:
PKR.com
Casino News Media
Media Man Australia
Poker News Media
Casino News Media - Media Man Australia News Update
PartyGaming's PartyCasino.com, PartyPoker.com continues momentum in Australia, Asia Pacific
Crown Casino advised to beef up security for upcoming Poker Cup, following incident
Live Dealer function at PartyCasino.com received well
PKR reassures affiliates over funds after log in problems
Titan Poker offers huge bonuses and satellites to Poker Cup Australia
PartyGaming's PartyPoker and Noble Poker offers satellites to Poker Cup Australia
Virgin Casino releases Rainbow Riches new slot game
William Hill Online releases COO from employment contract
FremantleMedia pushes forward with branded theme games, confirms Jim Ryan's comments
Gambling911.com monitoring casino affiliate program offerings
EGaming Review acts on Media Man's PKR.com news item
888.com most visible UK igaming brand says EGR Magazine
LadyLuck's to release fantastic mobile gaming, mobile casino product suite
American gaming, online poker debate continues... Delaware sports betting progress
Play4Property.com makes international news, pitches to Australia's papers and NRL team
Microgaming company remains strong, despite some casinos going under, Captain Cooks Casino a favorite of Aussies
Scratchcards to follow popularity of online bingo
Australian gambling... some land based casino, pub and club pokies unfair, says Greens
Hollywood themed online slot games remain favorites
Cleopatra still world's # online slot game, to be available via Apple
Egyptian themed slots popular with Aussies - Cleo, Tomb Raider, King Tuts Fortune
The Expendables boosts popularity of Stallone's Rambo slot, Arnie's The Terminator
James Packer remains positive on Macau's City of Dreams, despite balance sheet
Dubai, The World regions big on land based casino, open to igaming developments
Gold Mega Jackpot yet to be broken, PartyCasino.com pot approaches 4 million
World Poker Tour - PartyGaming business deal draws more players, spikes web traffic
Sports betting - Australian online sports betting war heats up
UFC open to building upon sports betting, igaming ventures
Calvin Ayre, Bodog King, remains keen on South American gaming and coffee connection
WWE wrestling legend online slot game rumors persist, Andre The Giant - NextGen Gaming, Hulk Hogan, Piper, Snuka, Roberts next?
Global Gaming Directory already being compared to World Casino Directory, industry buzz
Classic Slots Online, Classic Casino Games takes off in Asia Pacific region
Media Man Australia News
Casino News
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Global Gaming News
Websites of Reference:
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Captain Cooks Casino
Virgin Games
PKR.com
Media Man Australia
Classic Slots Online
Classic Casino Games
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PartyGaming's PartyCasino.com, PartyPoker.com continues momentum in Australia, Asia Pacific
Crown Casino advised to beef up security for upcoming Poker Cup, following incident
Live Dealer function at PartyCasino.com received well
PKR reassures affiliates over funds after log in problems
Titan Poker offers huge bonuses and satellites to Poker Cup Australia
PartyGaming's PartyPoker and Noble Poker offers satellites to Poker Cup Australia
Virgin Casino releases Rainbow Riches new slot game
William Hill Online releases COO from employment contract
FremantleMedia pushes forward with branded theme games, confirms Jim Ryan's comments
Gambling911.com monitoring casino affiliate program offerings
EGaming Review acts on Media Man's PKR.com news item
888.com most visible UK igaming brand says EGR Magazine
LadyLuck's to release fantastic mobile gaming, mobile casino product suite
American gaming, online poker debate continues... Delaware sports betting progress
Play4Property.com makes international news, pitches to Australia's papers and NRL team
Microgaming company remains strong, despite some casinos going under, Captain Cooks Casino a favorite of Aussies
Scratchcards to follow popularity of online bingo
Australian gambling... some land based casino, pub and club pokies unfair, says Greens
Hollywood themed online slot games remain favorites
Cleopatra still world's # online slot game, to be available via Apple
Egyptian themed slots popular with Aussies - Cleo, Tomb Raider, King Tuts Fortune
The Expendables boosts popularity of Stallone's Rambo slot, Arnie's The Terminator
James Packer remains positive on Macau's City of Dreams, despite balance sheet
Dubai, The World regions big on land based casino, open to igaming developments
Gold Mega Jackpot yet to be broken, PartyCasino.com pot approaches 4 million
World Poker Tour - PartyGaming business deal draws more players, spikes web traffic
Sports betting - Australian online sports betting war heats up
UFC open to building upon sports betting, igaming ventures
Calvin Ayre, Bodog King, remains keen on South American gaming and coffee connection
WWE wrestling legend online slot game rumors persist, Andre The Giant - NextGen Gaming, Hulk Hogan, Piper, Snuka, Roberts next?
Global Gaming Directory already being compared to World Casino Directory, industry buzz
Classic Slots Online, Classic Casino Games takes off in Asia Pacific region
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Thursday, August 27, 2009
Casino Attacks Continue in Australia - Gambling911
Unfortunately more serious casino news out of Australia.
News Limited and wires report the latest in a string of attacks and bashings in and around Australia's land based casinos and gambling dens.
FORMER AFL star Jonathan Hay was attacked and kicked in the face in an apparently random attack at Crown casino.
Hay was celebrating his 30th birthday with friends when a gang of seven thugs forced him to the ground just after 2am Sunday.
The former All-Australian fullback suffered bruising and a cut to the head in the latest episode of mindless CBD violence.
It would appear on the surface that online casinos, online casino portals and the like, are gaining another advantage from their land based cousins by default. Of course online casino don't have actual muggers, however one still needs to watch out for online casino stings and low acts, like they type that were documented on the United States version of 60 Minutes last year.
I would like to see Crown Casino offer an online casino portfolio, perhaps showcased by a Kerry Packer themed game. PartyGaming of course has a Frank Sinatra and The Godfather slot, so why not a Packer game?
PartyGaming's PartyPoker, Noble Poker, and Euro Partners Titan Poker, and a few other brands, are offering satellites to the Poker Cup at Crown Casino later this year beginning in September. Let's just hope the live events are incident free. Insiders are looking to confirm if Mike Sexton, Chris Moneymaker, Daniel "Kid Poker" Negreanu, Annie Duke, Phil Hellmuth, and Tony G are likely to attend. Those individuals may or may not add to aggressive play et al on location. Folks are extremely interested to see if poker Doyle Brunson will turn up, as Mr Brunson has been in a war of words with some of the folks at Party over the past few years, and the word on the street is that Party is interested to talk serious shop with the powers that be at Crown (and Star City). It's got all the makings of a real life battle royal, and a serious mix of personalities. You can bet that Crown's James Packer will have security at an all time high, comparative to when Tom Cruise and Katie Holmes stayed at Crown a few months ago.
It's in Crown's best interest to beef up security to protect its customers, visitors and reputation.
Greg Tingle, Special Contributor to Gambling911.com (be sure to check Greg's commentary out regularly at Media Man Australia Here) (Credit: Gambling911)
Websites Of Reference
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Australian Casino News
Gambling911
News.com.au
Crown Casino
PartyPoker.com
Noble Poker
Titan Poker
Media Man Australia News
Casino News
Online Casino News
Poker News
Global Gaming News
Unfortunately more serious casino news out of Australia.
News Limited and wires report the latest in a string of attacks and bashings in and around Australia's land based casinos and gambling dens.
FORMER AFL star Jonathan Hay was attacked and kicked in the face in an apparently random attack at Crown casino.
Hay was celebrating his 30th birthday with friends when a gang of seven thugs forced him to the ground just after 2am Sunday.
The former All-Australian fullback suffered bruising and a cut to the head in the latest episode of mindless CBD violence.
It would appear on the surface that online casinos, online casino portals and the like, are gaining another advantage from their land based cousins by default. Of course online casino don't have actual muggers, however one still needs to watch out for online casino stings and low acts, like they type that were documented on the United States version of 60 Minutes last year.
I would like to see Crown Casino offer an online casino portfolio, perhaps showcased by a Kerry Packer themed game. PartyGaming of course has a Frank Sinatra and The Godfather slot, so why not a Packer game?
PartyGaming's PartyPoker, Noble Poker, and Euro Partners Titan Poker, and a few other brands, are offering satellites to the Poker Cup at Crown Casino later this year beginning in September. Let's just hope the live events are incident free. Insiders are looking to confirm if Mike Sexton, Chris Moneymaker, Daniel "Kid Poker" Negreanu, Annie Duke, Phil Hellmuth, and Tony G are likely to attend. Those individuals may or may not add to aggressive play et al on location. Folks are extremely interested to see if poker Doyle Brunson will turn up, as Mr Brunson has been in a war of words with some of the folks at Party over the past few years, and the word on the street is that Party is interested to talk serious shop with the powers that be at Crown (and Star City). It's got all the makings of a real life battle royal, and a serious mix of personalities. You can bet that Crown's James Packer will have security at an all time high, comparative to when Tom Cruise and Katie Holmes stayed at Crown a few months ago.
It's in Crown's best interest to beef up security to protect its customers, visitors and reputation.
Greg Tingle, Special Contributor to Gambling911.com (be sure to check Greg's commentary out regularly at Media Man Australia Here) (Credit: Gambling911)
Websites Of Reference
Media Man Australia
Casino News Media
Poker News Media
Australian Casino News
Gambling911
News.com.au
Crown Casino
PartyPoker.com
Noble Poker
Titan Poker
Media Man Australia News
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Wednesday, August 26, 2009
World Poker Tour to sell after 'superior offer' from PartyGaming - BizJournals - 25th August 2009
World Poker Tour - WPT Enterprises Inc is to be purchased by igaming and gaming powerhouse, PartyGaming. The story has attracted significant national and international media and gaming media interest. BizJournals report:
WPT Enterprises Inc., parent company of the World Poker Tour, is moving forward with a deal to sell its assets, but, will instead sell to Peerless Media Ltd., a division of PartyGaming plc.
Peerless Media will pay Long Angeles-based WPTE $12.3 million and will pay WPTE an ongoing 5 percent participation in gaming and other revenue generated by the assets, which include WPTE's television library, intellectual property rights, brand names, trade names, certain assumed contracts and tangible personal property.
WPTE will retain its cash and cash equivalents, investments in debt securities and put rights, certain other investment and litigation assets, and future license revenues from certain existing sponsorship deals for season seven of the World Poker Tour.
The World Poker Tour will have its first televised tournament from the Dayton/Cincinnati region next spring when it has a $10,000 buy-in tournament from Hollywood Casino in just across the state line in Lawrenceburg, Ind.
The acquisition deal, announced Tuesday, kills off a previously announced bid of $9.075 million from Gamynia Ltd.
"The Board of Directors has determined that PartyGaming's acquisition proposal is financially superior and we look forward to working with one of the pioneers and leaders in the poker and online gaming markets to provide a strong vehicle for the WPT brand to continue its global expansion and return to online gaming," Steve Lipscomb, president and chief executive officer of WPTE, said in a statement.
Both the PartyGaming and Gamynia bids are far cries from Doyle Brunson's $700 million bid for the company in 2005. Brunson's bid was eventually investigated by the U.S. Securities and Exchange Commission. (Credit: BizJournals)
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World Poker Tour - WPT Enterprises Inc is to be purchased by igaming and gaming powerhouse, PartyGaming. The story has attracted significant national and international media and gaming media interest. BizJournals report:
WPT Enterprises Inc., parent company of the World Poker Tour, is moving forward with a deal to sell its assets, but, will instead sell to Peerless Media Ltd., a division of PartyGaming plc.
Peerless Media will pay Long Angeles-based WPTE $12.3 million and will pay WPTE an ongoing 5 percent participation in gaming and other revenue generated by the assets, which include WPTE's television library, intellectual property rights, brand names, trade names, certain assumed contracts and tangible personal property.
WPTE will retain its cash and cash equivalents, investments in debt securities and put rights, certain other investment and litigation assets, and future license revenues from certain existing sponsorship deals for season seven of the World Poker Tour.
The World Poker Tour will have its first televised tournament from the Dayton/Cincinnati region next spring when it has a $10,000 buy-in tournament from Hollywood Casino in just across the state line in Lawrenceburg, Ind.
The acquisition deal, announced Tuesday, kills off a previously announced bid of $9.075 million from Gamynia Ltd.
"The Board of Directors has determined that PartyGaming's acquisition proposal is financially superior and we look forward to working with one of the pioneers and leaders in the poker and online gaming markets to provide a strong vehicle for the WPT brand to continue its global expansion and return to online gaming," Steve Lipscomb, president and chief executive officer of WPTE, said in a statement.
Both the PartyGaming and Gamynia bids are far cries from Doyle Brunson's $700 million bid for the company in 2005. Brunson's bid was eventually investigated by the U.S. Securities and Exchange Commission. (Credit: BizJournals)
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Tuesday, August 25, 2009
PARTYGAMING MOVES FOR WORLD POKER TOUR ASSETS WITH SUPERIOR OFFER
Los Angeles, CA, August 24, 2009 — WPT Enterprises, Inc. (Nasdaq: WPTE) (“WPTE” or the “Company”) today announced that a subsidiary of PartyGaming Plc, Peerless Media Ltd. (“Peerless Media”), has agreed to purchase substantially all of WPTE’s operating assets other than cash, investments and certain excluded assets. WPTE’s Board of Directors received the offer after privately held investment group, Gamynia Limited, and WPTE announced an asset acquisition agreement, which was terminated after further consideration of the Peerless Media’s financial proposal.
“PartyGaming has been an important partner for a number of years and we are confident that they will be an excellent manager of our brands in the future,” said Steve Lipscomb, President and CEO of WPT Enterprises. “The Board of Directors has determined that PartyGaming’s acquisition proposal is financially superior and we look forward to working with one of the pioneers and leaders in the poker and online gaming markets to provide a strong vehicle for the WPT brand to continue its global expansion and return to online gaming.”
Peerless Media will pay WPTE $12.3 million and will pay WPTE an ongoing 5% participation in gaming and other revenues generated by the assets. Certain payments made by PartyGaming or its affiliates to the Company prior to the close shall be credited on a dollar for dollar basis against the purchase price paid at the close, as more fully described in Section 2.6 of the purchase agreement.
Under the asset purchase agreement, WPTE will sell its television library, including all related intellectual property rights, brand names, trade names, certain assumed contracts and tangible personal property. WPTE will retain its cash and cash equivalents, investments in debt securities and put rights, certain other investment and litigation assets, and future license revenues from certain existing Sponsorship deals for Season Seven of the World Poker Tour.
The net cash proceeds from the asset sale will be retained by WPTE which plans to use the cash to develop or acquire a non-poker related business. WPTE does not currently intend to distribute any proceeds from the asset sale to its stockholders.
Closing Conditions and Stockholder Approval
The asset purchase transaction is subject to specified closing conditions. The obligation of Peerless Media to complete the transaction is subject to the absence of changes or circumstances that are materially adverse to the Company’s financial condition, assets, business or results of operations and other customary closing conditions. The Company’s obligation to complete the asset sale is subject to the approval by the Company’s stockholders of the asset sale transaction and other customary closing conditions. The Company and Peerless Media currently expect to complete the transaction in the fourth quarter of 2009.
The transaction must be approved by a majority of the holders of the Company’s outstanding common stock. To that end, and as described further below, the Company expects to hold a special meeting of stockholders and in connection therewith to mail a proxy statement to its stockholders that will provide additional information concerning the asset sale transaction and the asset purchase agreement. Certain significant Company stockholders, representing approximately 39% of the Company’s common stock, have entered into voting agreements committing to vote in favor of the asset sale transaction to Peerless Media.
Important Additional Information about the Asset Sale will be filed with the SEC
The Company plans to file with the U.S. Securities and Exchange Commission (“SEC”) and mail a proxy statement to its stockholders in connection with the asset sale transaction and the asset purchase agreement. The proxy statement will contain important information about the Company, Peerless Media and the guarantor of Peerless Media’s obligations, ElectraWorks Ltd., and related matters. Investors and security holders are urged to read the proxy statement carefully when it is available.
The Company’s investors and security holders will be able to obtain free copies of the proxy statement and other documents filed by the Company with the SEC through the website maintained by the SEC at www.sec.gov. In addition, the Company’s investors and security holders will be able to obtain free copies of the proxy statement by contacting WPT Enterprises, Inc., Attn.: Investor Relations, 5700 Wilshire Blvd., Suite 350, Los Angeles, CA 90036 or by calling 323-330-9900.
The Company and its directors and executive officers, may be deemed to be participants in the solicitation of proxies with respect to the asset sale transaction and the asset purchase agreement. Information regarding the Company’s directors and executive officers is contained in the Company’s Annual Report on Form 10-K for the year ended December 28, 2008 and its Proxy Statement dated March 31, 2009, which were filed with the SEC.
About WPT Enterprises, Inc.
WPT Enterprises, Inc. is one of the most recognized names in internationally televised gaming and entertainment with brand presence in land-based tournaments, television, online and mobile. WPTE has led innovation in the sport of poker since 2002, when it ignited the global poker boom with the creation of the World Poker Tour television show. Based on a series of high stakes poker tournaments, the World Poker Tour is now broadcast globally and is currently filming its all-new eighth season for broadcast on Fox Sports Net’s national sports network in the United States. WPTE also offers a unique online subscription and sweepstakes-based poker club, ClubWPT.com, which operates in 38 states across the U.S. WPTE also participates in strategic brand license, partnership and sponsorship opportunities. For more information, see www.worldpokertour.com. (WPTEG)
Los Angeles, CA, August 24, 2009 — WPT Enterprises, Inc. (Nasdaq: WPTE) (“WPTE” or the “Company”) today announced that a subsidiary of PartyGaming Plc, Peerless Media Ltd. (“Peerless Media”), has agreed to purchase substantially all of WPTE’s operating assets other than cash, investments and certain excluded assets. WPTE’s Board of Directors received the offer after privately held investment group, Gamynia Limited, and WPTE announced an asset acquisition agreement, which was terminated after further consideration of the Peerless Media’s financial proposal.
“PartyGaming has been an important partner for a number of years and we are confident that they will be an excellent manager of our brands in the future,” said Steve Lipscomb, President and CEO of WPT Enterprises. “The Board of Directors has determined that PartyGaming’s acquisition proposal is financially superior and we look forward to working with one of the pioneers and leaders in the poker and online gaming markets to provide a strong vehicle for the WPT brand to continue its global expansion and return to online gaming.”
Peerless Media will pay WPTE $12.3 million and will pay WPTE an ongoing 5% participation in gaming and other revenues generated by the assets. Certain payments made by PartyGaming or its affiliates to the Company prior to the close shall be credited on a dollar for dollar basis against the purchase price paid at the close, as more fully described in Section 2.6 of the purchase agreement.
Under the asset purchase agreement, WPTE will sell its television library, including all related intellectual property rights, brand names, trade names, certain assumed contracts and tangible personal property. WPTE will retain its cash and cash equivalents, investments in debt securities and put rights, certain other investment and litigation assets, and future license revenues from certain existing Sponsorship deals for Season Seven of the World Poker Tour.
The net cash proceeds from the asset sale will be retained by WPTE which plans to use the cash to develop or acquire a non-poker related business. WPTE does not currently intend to distribute any proceeds from the asset sale to its stockholders.
Closing Conditions and Stockholder Approval
The asset purchase transaction is subject to specified closing conditions. The obligation of Peerless Media to complete the transaction is subject to the absence of changes or circumstances that are materially adverse to the Company’s financial condition, assets, business or results of operations and other customary closing conditions. The Company’s obligation to complete the asset sale is subject to the approval by the Company’s stockholders of the asset sale transaction and other customary closing conditions. The Company and Peerless Media currently expect to complete the transaction in the fourth quarter of 2009.
The transaction must be approved by a majority of the holders of the Company’s outstanding common stock. To that end, and as described further below, the Company expects to hold a special meeting of stockholders and in connection therewith to mail a proxy statement to its stockholders that will provide additional information concerning the asset sale transaction and the asset purchase agreement. Certain significant Company stockholders, representing approximately 39% of the Company’s common stock, have entered into voting agreements committing to vote in favor of the asset sale transaction to Peerless Media.
Important Additional Information about the Asset Sale will be filed with the SEC
The Company plans to file with the U.S. Securities and Exchange Commission (“SEC”) and mail a proxy statement to its stockholders in connection with the asset sale transaction and the asset purchase agreement. The proxy statement will contain important information about the Company, Peerless Media and the guarantor of Peerless Media’s obligations, ElectraWorks Ltd., and related matters. Investors and security holders are urged to read the proxy statement carefully when it is available.
The Company’s investors and security holders will be able to obtain free copies of the proxy statement and other documents filed by the Company with the SEC through the website maintained by the SEC at www.sec.gov. In addition, the Company’s investors and security holders will be able to obtain free copies of the proxy statement by contacting WPT Enterprises, Inc., Attn.: Investor Relations, 5700 Wilshire Blvd., Suite 350, Los Angeles, CA 90036 or by calling 323-330-9900.
The Company and its directors and executive officers, may be deemed to be participants in the solicitation of proxies with respect to the asset sale transaction and the asset purchase agreement. Information regarding the Company’s directors and executive officers is contained in the Company’s Annual Report on Form 10-K for the year ended December 28, 2008 and its Proxy Statement dated March 31, 2009, which were filed with the SEC.
About WPT Enterprises, Inc.
WPT Enterprises, Inc. is one of the most recognized names in internationally televised gaming and entertainment with brand presence in land-based tournaments, television, online and mobile. WPTE has led innovation in the sport of poker since 2002, when it ignited the global poker boom with the creation of the World Poker Tour television show. Based on a series of high stakes poker tournaments, the World Poker Tour is now broadcast globally and is currently filming its all-new eighth season for broadcast on Fox Sports Net’s national sports network in the United States. WPTE also offers a unique online subscription and sweepstakes-based poker club, ClubWPT.com, which operates in 38 states across the U.S. WPTE also participates in strategic brand license, partnership and sponsorship opportunities. For more information, see www.worldpokertour.com. (WPTEG)
PartyGaming Purchases WPT Enterprises for $12.3 Million, by Dan Cypra - Poker News Daily - 24th August 2009
The long-awaited second bidder in the sale of World Poker Tour Enterprises (WPTE) has finally been revealed. Peerless Media Limited, a subsidiary of Party Gaming, will purchase the rights to the popular poker tour for $12.3 million plus 5% of future gaming revenues.
PartyPoker, the online poker arm of PartyGaming, does not accept customers from the United States. In a form filed to the Securities and Exchange Commission (SEC) after trading had closed on Monday in New York City, WPTE officials explained, “Buyer will pay the Company $12.3 million less the amount of certain obligations of PartyGaming or its affiliates accruing or paid to the Company from July 10, 2009 through the close of the Transaction… $1 million of such amount shall be paid by Buyer to the Company upon the execution of the Purchase Agreement and the balance shall be paid to the Company at the Close.”
The $1 million cash advance will be used to back out of a prior purchase agreement with Gamynia Limited, which is associated with Playtech, the parent company of the iPoker Network. Earlier this month, WPTE entered into an agreement to sell the majority of its assets to Gamynia for $9.075 million plus 4% of future gaming revenues. The new agreement not only increases the sale price by more than $3.2 million, but it also affords WPTE an additional 1% of future gaming revenues.
Addressing the new buyer, WPTE Founder, President, and CEO Steve Lipscomb commented in a press release distributed late Monday afternoon, “The Board of Directors has determined that PartyGaming’s acquisition proposal is financially superior and we look forward to working with one of the pioneers and leaders in the poker and online gaming markets to provide a strong vehicle for the WPT brand to continue its global expansion and return to online gaming.” WPTE stock, which is traded on the NASDAQ under the same four-letter acronym, closed at $1.05, down $0.01 on Monday. Upon hearing that a second buyer was waiting in the wings, the stock shot up from $0.93 to $1.09 last week.
In a similar arrangement as the Gamynia sale, WPTE will hand over its television library, intellectual property rights, and brand names, which include the WPT and Professional Poker Tour (PPT). The company will retain its cash on-hand and pocket “future license revenues from certain existing Sponsorship deals for Season Seven of the World Poker Tour.” WPTE will not distribute any of the proceeds of the sale to its stockholders; the Los Angeles-based company will use the proceeds as seed money in a business venture outside of poker. WPTE officials could not comment on any future proceedings, citing SEC regulations.
WPTE shareholders must now approve the sale. The company’s SEC filing notes that investors holding 39% of the company’s stock have agreed to vote in favor of the transaction. A stockholders’ meeting will be coordinated in order to vote on the proposal.
According to the filed document, “The Purchase Agreement may be terminated by either Buyer or the Company if the Closing has not occurred by February 24, 2010.” If WPTE officials were to accept an alternative proposal from another buyer, the company would be subject to a $1 million termination fee and, in some cases, a $1 million reimbursement for PartyGaming’s up-front payment.
PartyPoker boasts WPT Host Mike Sexton as its ambassador after the two parties reached an agreement in late April. Sexton is a 2009 Poker Hall of Fame candidate and is currently on-site for the WPT’s Legends of Poker, which wraps up on Wednesday from the Bicycle Casino in Southern California. Attendance at this year’s event was off 25% from last year. The tournament will air as part of Season VIII of the WPT on Fox Sports Net.
Stay tuned to Poker News Daily for the latest WPT sale news. (Credit: Poker News Daily)
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The long-awaited second bidder in the sale of World Poker Tour Enterprises (WPTE) has finally been revealed. Peerless Media Limited, a subsidiary of Party Gaming, will purchase the rights to the popular poker tour for $12.3 million plus 5% of future gaming revenues.
PartyPoker, the online poker arm of PartyGaming, does not accept customers from the United States. In a form filed to the Securities and Exchange Commission (SEC) after trading had closed on Monday in New York City, WPTE officials explained, “Buyer will pay the Company $12.3 million less the amount of certain obligations of PartyGaming or its affiliates accruing or paid to the Company from July 10, 2009 through the close of the Transaction… $1 million of such amount shall be paid by Buyer to the Company upon the execution of the Purchase Agreement and the balance shall be paid to the Company at the Close.”
The $1 million cash advance will be used to back out of a prior purchase agreement with Gamynia Limited, which is associated with Playtech, the parent company of the iPoker Network. Earlier this month, WPTE entered into an agreement to sell the majority of its assets to Gamynia for $9.075 million plus 4% of future gaming revenues. The new agreement not only increases the sale price by more than $3.2 million, but it also affords WPTE an additional 1% of future gaming revenues.
Addressing the new buyer, WPTE Founder, President, and CEO Steve Lipscomb commented in a press release distributed late Monday afternoon, “The Board of Directors has determined that PartyGaming’s acquisition proposal is financially superior and we look forward to working with one of the pioneers and leaders in the poker and online gaming markets to provide a strong vehicle for the WPT brand to continue its global expansion and return to online gaming.” WPTE stock, which is traded on the NASDAQ under the same four-letter acronym, closed at $1.05, down $0.01 on Monday. Upon hearing that a second buyer was waiting in the wings, the stock shot up from $0.93 to $1.09 last week.
In a similar arrangement as the Gamynia sale, WPTE will hand over its television library, intellectual property rights, and brand names, which include the WPT and Professional Poker Tour (PPT). The company will retain its cash on-hand and pocket “future license revenues from certain existing Sponsorship deals for Season Seven of the World Poker Tour.” WPTE will not distribute any of the proceeds of the sale to its stockholders; the Los Angeles-based company will use the proceeds as seed money in a business venture outside of poker. WPTE officials could not comment on any future proceedings, citing SEC regulations.
WPTE shareholders must now approve the sale. The company’s SEC filing notes that investors holding 39% of the company’s stock have agreed to vote in favor of the transaction. A stockholders’ meeting will be coordinated in order to vote on the proposal.
According to the filed document, “The Purchase Agreement may be terminated by either Buyer or the Company if the Closing has not occurred by February 24, 2010.” If WPTE officials were to accept an alternative proposal from another buyer, the company would be subject to a $1 million termination fee and, in some cases, a $1 million reimbursement for PartyGaming’s up-front payment.
PartyPoker boasts WPT Host Mike Sexton as its ambassador after the two parties reached an agreement in late April. Sexton is a 2009 Poker Hall of Fame candidate and is currently on-site for the WPT’s Legends of Poker, which wraps up on Wednesday from the Bicycle Casino in Southern California. Attendance at this year’s event was off 25% from last year. The tournament will air as part of Season VIII of the WPT on Fox Sports Net.
Stay tuned to Poker News Daily for the latest WPT sale news. (Credit: Poker News Daily)
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PartyGaming Plc - Agreement to acquire the World Poker Tour
PartyGaming, the world’s leading listed online gaming company, has agreed to acquire the business and substantially all of the assets of WPT Enterprises Inc. (“WPT”) for a cash consideration of $12.3 million and an ongoing revenue share relating to the purchased assets under which PartyGaming will make a minimum aggregate payment of $3m over the next three years.
Subject to formal approval by the shareholders of WPT, the acquisition is expected to be completed in the fourth quarter of 2009.
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PartyGaming, the world’s leading listed online gaming company, has agreed to acquire the business and substantially all of the assets of WPT Enterprises Inc. (“WPT”) for a cash consideration of $12.3 million and an ongoing revenue share relating to the purchased assets under which PartyGaming will make a minimum aggregate payment of $3m over the next three years.
Subject to formal approval by the shareholders of WPT, the acquisition is expected to be completed in the fourth quarter of 2009.
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