Harrah’s Atlantic City WSOP Circuit Event Breaks Attendance Record - 6th December 2010
The first of 11 World Series of Poker (WSOP) Circuit tournaments at Harrah’s Atlantic City was a smashing success over the weekend, breaking an all-time attendance record for the resort. The record going into Saturday was 1,181 players, which was set in 2008, but 1,250 entrants came from all over the East Coast to participate, generating a prize pool of $363,750 for the $300 buy-in event.
“We’re really excited for having set this record,” said Harrah’s Resort Atlantic City Poker Director John Arthur. “We got it right this year with the structures and everything else we have put into place for the Circuit and hope to continue having great numbers through the rest of the series.”
The first WSOP Circuit gold ring of the series was awarded to Christopher Rivers, a network engineer from Atlanta, Georgia. The 24-year-old won Event #1 for $64,565 after navigating through the record field, the biggest score ever for the amateur.
Rivers entered the final table as the second shortest stack, but was able to chip up and find himself heads-up against Maryland’s Matthew Diggs, who began the final table as the shortest stack. The heads-up match got underway shortly after 3:00am Monday with the players holding nearly identical stacks.
The decisive hand of the match came when the two got all of their chips in on a flop of 6c-5s-4c. Diggs, who had moved all-in, showed 2s-4h, while Rivers turned over pocket jacks after calling the bet. A queen on the turn and 10 on the river changed nothing, leaving Diggs with seven big blinds.
“The last couple of times I limped, he raised,” Rivers said of the hand that crippled Diggs. “So, I decided to limp with jacks and though I hoped he would play me aggressive after the flop, was worried about him drawing out on me, but I eventually called.”
The final hand of the tournament happened just minutes later, with Diggs all-in with K-10 against Rivers’ K-Q. Diggs was unable to improve, sending the title and the ring to the Atlanta native. “Oh man, this is great, I’m very excited,” Rivers added after the win.
Here’s a look at the results from the final table:
1. Christopher Rivers – $64,565
2. Matthew Diggs – $23,654
3. Greg Joslyn – $17,256
4. Ryan Moylan – $22,188
5. Jason “Bear” Alexander – $16,932
6. Don Huang – $13,033
7. Gregory Spurdis – $10,148
8. Geoff Desobry – $7,995
9. Chao Lin – $6,372
The $10,000 buy-in Regional Championship kicks off on December 19th from Harrah’s Atlantic City. The four-day flagship event will be nationally televised and is expected to draw several of the game’s top players.
All of the 11 events at Harrah’s Atlantic City count for the National Championship point system, which was implemented this year. One-hundred players will qualify for the season-ending televised WSOP Circuit National Championship at Caesars Palace in Las Vegas, giving them a shot at a WSOP bracelet and a prize pool of $1,000,000. The full list of WSOP Circuit stops and qualifications for the 2010-11 WSOP Circuit National Championship can be found at WSOP.com. (Credit: Poker News Daily)
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Sunday, December 05, 2010
Kerry Packer Aussie Legend Lives On Via Art And TV, by Greg Tingle - 5th November 2010
G'day punters, casino and gambling millionaires and billionaires, media magnates, journalists, historians and art lovers. Art lovers?! Yes, today we bring you a special Kerry Packer special. The legend lives on, not only here, but now at an Australian artists exhibition, and of course 'Our James' (James Packer) continues to fly the flag and do the family legacy proud with his Crown Limited empire. Not only that, we also cover the pending return of KP to Australian television in an ABC mini series tipped to hit the jackpot, and Network Nine is bringing back 'Underbelly', complete with gambling themes. Media Man and Gambling911 present The Kerry Packer Special...
Kerry Packer & Friends...
Kerry Packer & Friends - NG Art Gallery - 7th Dec - 24th Dec 2010
3 Little Queen Street
Chippendale, NSW Sydney AUSTRALIA
Tuesday - Saturday 11.00am - 5.30pm
Ok punters, here's the rundown. The artist - storyteller is Gina Sinozich. She's an 80 year old, Croat, Sydney based artist who paints in order to help recycle memory. Sinozich's latest exhibition, Kerry Packer and Friends, is her first solo commercial effort in Sydney and is tells the story of the legendary Kerry Packer. She covers the unique personality and complexities of a legend who was known for his astronomical wealth, super whale gambling exploits, running his business with an iron fist, and colourful run ins with the Australian government, amongst other things.
Sinozich migrated down under to Australia is 1956 and began to paint at the age of 75, now having work in Australian and New Zealand corporate and public collections. Her show showcases Packer as 'one of us' rather than the untouchable media tycoon. Sinozich was inspired to tell the story on the premise that we often hear bad before good. This tribute to KP is generous and reveals alot of the most powerful men in the world, who in 2004, was estimated to have a net worth of AUD 6.5 billion. The work of Sinozich will be showcased at NG Art Gallery from the 7th-24th of December and is certain to excite audiences, punters, art lovers or both. A fews Aussie commentator think this blows away much of the art that American gambling tycoon Steve Wynn shows off. Maybe Wynn might like to make a purchase of some classic Packer creations.
Sinozich says Packer gave back to society in a meaningful way and the series was intended to stand as a testament for this man's intrinsic goodwill after his death in December 2005. She recites a story that fuelled her initial interest in Packer, "...one lady said that she was on George Street with two little kids behind her and she was running...running to go on the train, and he (Packer) stopped her and said, 'don't you have a car?' and he wrote a cheque for her and said here, 'buy yourself a car'." Sinozich also fondly recalls, "...when he was playing in casino in Perth he won so much money and the girl who was serving wine...he asked her, 'do you have a mortgage on the house?' she said 'yes', then he wrote a cheque for AUD 600,000."
The talented, even cunning, artist worked like a Trojan horse for a fortnight and managed to produce 26 paintings that deeply explore her subject's nature, removing much of the mystic of Packer as an uncompromising media mogul. All the characters in Sinozich's work have a yarn to tell, and most aspects of his life are covered... birth, death, and much of the in between. Make no mistake, the works are smart, and unique, and are tipped to become collectors items.
The work is relatively simple, but full of life, and has been described as "traditional representational painting", which one may argue is a dying art. We think KP would have liked the tribute, and we await word to see what living members of the Packer clan think of the works.
Kerry Packer Legend To Return To Australian TV In Cleo Mini Series...
Packer is to return to life on Aussie TV via new ABC drama Paper Giants: The Birth Of Cleo (not to be confused with the Cleopatra slot game).
Australian readers may recall the public backlash to the introduction of the super sexy womens’ title in 1972. There were Cleo lovers and haters, but we're still talking about it today, so it made an impact, which is better than many of today's rags.
Rob Carlton will play a young Packer opposite Asher Keddie as publishing pioneer, the sexy and smart Ita Buttrose.
Rumours of a sexual relationship between Packer and Ita around the time of Cleo magazine's start off, but this won't be a focus on the mini-series, due to air next year.
Buttrose, who first made her mark as the magazine's editor, was a consultant on the production.
"If there was a supposed affair it didn't happen in this timeframe. I have no idea if there was, we didn't raise it with her," Edwards said.
There ABC publicity brief has whet our appetite for lots of Packer classic stuff and enough scandal to keep us coming back for more.
"It's 1972. Skirts are up, pants are down. Girls can have anything: Fabulous careers, fashionable clothes and oral sex," spruiks the promo.
The drama cleverly follows the death of Sir Frank Packer and the rise of his second son, who defies even family expectation to succeed, in a way no one could have expected.
"It was a real turning point in Kerry's career. It was a period when he made his first big move and it was an astonishing success and one against the odds in some respects," Edwards said.
Cleo magazine itself was a fine, yet controversial work, and introduced the nude male centrefold and sexual hits, tips, tricks and more for women. Media Man friend, actor Jack Thompson, is tipped to have his racy centrefold recreated. Something about a 6th finger, down there.
ABC TV by all accounts have taken a calculated risk on the series. Most quarters of society, both insiders and outsiders we've chatted with believe the gamble will pay off with a tidy jackpot, and whispers already circulate as to how many awards the show and actors will pick up.
Nine's David Gyngell Respects Packer History; PBL Becomes Nine Entertainment Co...
KP put Publishing & Broadcasting Media on the map and grew it to become arguably the biggest media brands in Australia.
PBL - the name, is now history, since Bondi Beach based chief executive, David Gyngell, rebranded it with Nine Entertainment Co.
Gyngell, who announced the rebranding at Nine's 2011 program launch in Sydney on Friday, advised the new name would be more recognisable to the public and large and went on to emphasise Nine's broad range of businesses, which sport Nine, ACP Magazines, Ticketek and NineMSN.
The recognition factor is important since the firm is likely to be floated on the Australian Stock Exchange by its private equity owners, CVC Asia Pacific, in the first half of next year.
It's understood that a strong level of support from a host of retail investors will be key to the $5 billion-plus float's chances of a jackpot.
Gyngell wisely acknowledged it was not an easy decision given he is the late Kerry Packer's godson and great mate of James Packer. History buffs, just in case you wondered, PBL was formed way back in 1994 when KP merged Nine with ACP (Australian Consolidated Press).
"PBL has a long association with the Packers so personally I don't take that lightly. But it's modernising a business that needs to be publicly known. We don't have the luxury of having James Packer or another mogul giving the company real gravitas."
Other media updates down under include Network Seven being backed by Kerry Stokes and Network Ten's board now has James Packer, News Corporation director Lachlan Murdoch, mining magnate Gina Rinehart and WIN TV owner Bruce Gordon.
"Nine is the biggest thing that we have and it is also the thing that supports all the other companies in the best possible way," Gyngell said. "It will be a new year. We are starting again."
Nine confirmed its crime drama Underbelly would come back with a series set in the roaring 20s in Sydney as well as 3 Underbelly movies! And, get this, a good spot of gambling will also be featured.
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Wrap Up...
Readers... er, punters, how did you like The Kerry Packer Special? Tell us in the forum.
If you have a bet, please bet with your head, not over it, and for God's sake, have fun.
*Greg Tingle is a special contributor for Gambling911
*Media Man http://www.mediamanint.com is primarily a media, publicity and internet portal development company. They cover a dozen industry sectors including gaming and offer political commentary and analysis.
*The writer owns shares in Crown Limited
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G'day punters, casino and gambling millionaires and billionaires, media magnates, journalists, historians and art lovers. Art lovers?! Yes, today we bring you a special Kerry Packer special. The legend lives on, not only here, but now at an Australian artists exhibition, and of course 'Our James' (James Packer) continues to fly the flag and do the family legacy proud with his Crown Limited empire. Not only that, we also cover the pending return of KP to Australian television in an ABC mini series tipped to hit the jackpot, and Network Nine is bringing back 'Underbelly', complete with gambling themes. Media Man and Gambling911 present The Kerry Packer Special...
Kerry Packer & Friends...
Kerry Packer & Friends - NG Art Gallery - 7th Dec - 24th Dec 2010
3 Little Queen Street
Chippendale, NSW Sydney AUSTRALIA
Tuesday - Saturday 11.00am - 5.30pm
Ok punters, here's the rundown. The artist - storyteller is Gina Sinozich. She's an 80 year old, Croat, Sydney based artist who paints in order to help recycle memory. Sinozich's latest exhibition, Kerry Packer and Friends, is her first solo commercial effort in Sydney and is tells the story of the legendary Kerry Packer. She covers the unique personality and complexities of a legend who was known for his astronomical wealth, super whale gambling exploits, running his business with an iron fist, and colourful run ins with the Australian government, amongst other things.
Sinozich migrated down under to Australia is 1956 and began to paint at the age of 75, now having work in Australian and New Zealand corporate and public collections. Her show showcases Packer as 'one of us' rather than the untouchable media tycoon. Sinozich was inspired to tell the story on the premise that we often hear bad before good. This tribute to KP is generous and reveals alot of the most powerful men in the world, who in 2004, was estimated to have a net worth of AUD 6.5 billion. The work of Sinozich will be showcased at NG Art Gallery from the 7th-24th of December and is certain to excite audiences, punters, art lovers or both. A fews Aussie commentator think this blows away much of the art that American gambling tycoon Steve Wynn shows off. Maybe Wynn might like to make a purchase of some classic Packer creations.
Sinozich says Packer gave back to society in a meaningful way and the series was intended to stand as a testament for this man's intrinsic goodwill after his death in December 2005. She recites a story that fuelled her initial interest in Packer, "...one lady said that she was on George Street with two little kids behind her and she was running...running to go on the train, and he (Packer) stopped her and said, 'don't you have a car?' and he wrote a cheque for her and said here, 'buy yourself a car'." Sinozich also fondly recalls, "...when he was playing in casino in Perth he won so much money and the girl who was serving wine...he asked her, 'do you have a mortgage on the house?' she said 'yes', then he wrote a cheque for AUD 600,000."
The talented, even cunning, artist worked like a Trojan horse for a fortnight and managed to produce 26 paintings that deeply explore her subject's nature, removing much of the mystic of Packer as an uncompromising media mogul. All the characters in Sinozich's work have a yarn to tell, and most aspects of his life are covered... birth, death, and much of the in between. Make no mistake, the works are smart, and unique, and are tipped to become collectors items.
The work is relatively simple, but full of life, and has been described as "traditional representational painting", which one may argue is a dying art. We think KP would have liked the tribute, and we await word to see what living members of the Packer clan think of the works.
Kerry Packer Legend To Return To Australian TV In Cleo Mini Series...
Packer is to return to life on Aussie TV via new ABC drama Paper Giants: The Birth Of Cleo (not to be confused with the Cleopatra slot game).
Australian readers may recall the public backlash to the introduction of the super sexy womens’ title in 1972. There were Cleo lovers and haters, but we're still talking about it today, so it made an impact, which is better than many of today's rags.
Rob Carlton will play a young Packer opposite Asher Keddie as publishing pioneer, the sexy and smart Ita Buttrose.
Rumours of a sexual relationship between Packer and Ita around the time of Cleo magazine's start off, but this won't be a focus on the mini-series, due to air next year.
Buttrose, who first made her mark as the magazine's editor, was a consultant on the production.
"If there was a supposed affair it didn't happen in this timeframe. I have no idea if there was, we didn't raise it with her," Edwards said.
There ABC publicity brief has whet our appetite for lots of Packer classic stuff and enough scandal to keep us coming back for more.
"It's 1972. Skirts are up, pants are down. Girls can have anything: Fabulous careers, fashionable clothes and oral sex," spruiks the promo.
The drama cleverly follows the death of Sir Frank Packer and the rise of his second son, who defies even family expectation to succeed, in a way no one could have expected.
"It was a real turning point in Kerry's career. It was a period when he made his first big move and it was an astonishing success and one against the odds in some respects," Edwards said.
Cleo magazine itself was a fine, yet controversial work, and introduced the nude male centrefold and sexual hits, tips, tricks and more for women. Media Man friend, actor Jack Thompson, is tipped to have his racy centrefold recreated. Something about a 6th finger, down there.
ABC TV by all accounts have taken a calculated risk on the series. Most quarters of society, both insiders and outsiders we've chatted with believe the gamble will pay off with a tidy jackpot, and whispers already circulate as to how many awards the show and actors will pick up.
Nine's David Gyngell Respects Packer History; PBL Becomes Nine Entertainment Co...
KP put Publishing & Broadcasting Media on the map and grew it to become arguably the biggest media brands in Australia.
PBL - the name, is now history, since Bondi Beach based chief executive, David Gyngell, rebranded it with Nine Entertainment Co.
Gyngell, who announced the rebranding at Nine's 2011 program launch in Sydney on Friday, advised the new name would be more recognisable to the public and large and went on to emphasise Nine's broad range of businesses, which sport Nine, ACP Magazines, Ticketek and NineMSN.
The recognition factor is important since the firm is likely to be floated on the Australian Stock Exchange by its private equity owners, CVC Asia Pacific, in the first half of next year.
It's understood that a strong level of support from a host of retail investors will be key to the $5 billion-plus float's chances of a jackpot.
Gyngell wisely acknowledged it was not an easy decision given he is the late Kerry Packer's godson and great mate of James Packer. History buffs, just in case you wondered, PBL was formed way back in 1994 when KP merged Nine with ACP (Australian Consolidated Press).
"PBL has a long association with the Packers so personally I don't take that lightly. But it's modernising a business that needs to be publicly known. We don't have the luxury of having James Packer or another mogul giving the company real gravitas."
Other media updates down under include Network Seven being backed by Kerry Stokes and Network Ten's board now has James Packer, News Corporation director Lachlan Murdoch, mining magnate Gina Rinehart and WIN TV owner Bruce Gordon.
"Nine is the biggest thing that we have and it is also the thing that supports all the other companies in the best possible way," Gyngell said. "It will be a new year. We are starting again."
Nine confirmed its crime drama Underbelly would come back with a series set in the roaring 20s in Sydney as well as 3 Underbelly movies! And, get this, a good spot of gambling will also be featured.
Media Man Profiles
Kerry Packer
James Packer
Ita Buttrose
David Gyngell
Cleo
Australia
Australia Casinos
Cricket
Movies
Crown Casino
Politics
Broadcasting
Television
Media Companies
Australian Sports
News
Casino News
Entertainment News
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Sports News
News
Wrap Up...
Readers... er, punters, how did you like The Kerry Packer Special? Tell us in the forum.
If you have a bet, please bet with your head, not over it, and for God's sake, have fun.
*Greg Tingle is a special contributor for Gambling911
*Media Man http://www.mediamanint.com is primarily a media, publicity and internet portal development company. They cover a dozen industry sectors including gaming and offer political commentary and analysis.
*The writer owns shares in Crown Limited
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Poker News Media: Win A Dream Holiday And Guaranteed Entry Int WPT Celebrity Invitational; PartyCasino Big One Near $3 Million
Win A Dream Holiday And Guaranteed Entry Into WPT Celebrity Invitational; PartyCasino Big One Near $3 Million
‘The Big One’ at PartyCasino.com is nearing $3,000,000 while the accumulated jackpots on the world’s largest online casino are nearing $4,000,000! ‘The Big One’ is structured as a five tiered pool. The highest tier - Colossal Cash - seeds at $1.5 million, the biggest online jackpot seed in the industry, and currently stands at $2,840,000. Customers can play for ‘The Big One’ through traditional slot Melon Madness and the recently introduced Snow Business. Somebody is going to win very big!
PartyPoker.com recently introduced anonymous heads-up tables. How does that change your game? We asked Kara Scott et all for their views.
Win A Dream Holiday And Guaranteed Entry Into WPT Celebrity Invitational
Gibraltar – 16th November 2010 -- PartyPoker.com is offering customers the opportunity to indulge themselves in the world of the rich and famous by winning a four-day dream holiday to Los Angeles, including a seat in the prestigious WPT Celebrity Invitational at the Commerce.
A PartyPoker.com spokesman said: “Win one of our amazing prize packages and we’ll make sure you live it up in one of the coolest cities on the planet. Last year we took package winners on a tour of Hollywood and Beverley Hills as well as organising a fun-filled day at the world-famous Universal Studios – and this time it could be you experiencing the A-list lifestyle. As well as the sightseeing you’ll also get a seat at the exclusive WPT Celebrity Invitational. This event is packed full of celebrities and big names from poker but we’ve made sure our winners will have their place among the elite for a chance to win a major slice of the $200,000 prize pool.”
"These packages are sure to be popular. We don’t know how many of the 14 packages we’ll give away in each weekly satellite so remember, once they’re gone they’re gone and the promotion will be over."
PartyPoker.com’s Los Angeles packages include:
Four nights’ hotel accommodation
$2,000 spending money
Our world-renowned hospitality throughout your stay in Los Angeles
Guaranteed entry to the WPT Celebrity Invitational
There are a wide range of daily qualifiers that run until the 19th December or until 14 packages are given away. Daily freerolls mean there is the chance to win the trip to LA for free!
The WPT Celebrity Invitational is the curtain raiser for the LA Poker Classic and takes place on the 18th – 19th February 2011 – the event is overseen by WPT Executive Tour Director Matt Savage. The event is strictly invite only. Amongst the celebrities spotted in the field in 2010 were Ricki Lake and Terri Hatcher, with reality star Trishella Cannatella and poker pro Thor Hansen making the final table. Amateur Leron Washington took the $100,000 first prize.
Full information can be found at: PartyPoker.com
Please note that players have to be 21 to take part in the WPT Celebrity Invitational.
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Win A Dream Holiday And Guaranteed Entry Into WPT Celebrity Invitational; PartyCasino Big One Near $3 Million
‘The Big One’ at PartyCasino.com is nearing $3,000,000 while the accumulated jackpots on the world’s largest online casino are nearing $4,000,000! ‘The Big One’ is structured as a five tiered pool. The highest tier - Colossal Cash - seeds at $1.5 million, the biggest online jackpot seed in the industry, and currently stands at $2,840,000. Customers can play for ‘The Big One’ through traditional slot Melon Madness and the recently introduced Snow Business. Somebody is going to win very big!
PartyPoker.com recently introduced anonymous heads-up tables. How does that change your game? We asked Kara Scott et all for their views.
Win A Dream Holiday And Guaranteed Entry Into WPT Celebrity Invitational
Gibraltar – 16th November 2010 -- PartyPoker.com is offering customers the opportunity to indulge themselves in the world of the rich and famous by winning a four-day dream holiday to Los Angeles, including a seat in the prestigious WPT Celebrity Invitational at the Commerce.
A PartyPoker.com spokesman said: “Win one of our amazing prize packages and we’ll make sure you live it up in one of the coolest cities on the planet. Last year we took package winners on a tour of Hollywood and Beverley Hills as well as organising a fun-filled day at the world-famous Universal Studios – and this time it could be you experiencing the A-list lifestyle. As well as the sightseeing you’ll also get a seat at the exclusive WPT Celebrity Invitational. This event is packed full of celebrities and big names from poker but we’ve made sure our winners will have their place among the elite for a chance to win a major slice of the $200,000 prize pool.”
"These packages are sure to be popular. We don’t know how many of the 14 packages we’ll give away in each weekly satellite so remember, once they’re gone they’re gone and the promotion will be over."
PartyPoker.com’s Los Angeles packages include:
Four nights’ hotel accommodation
$2,000 spending money
Our world-renowned hospitality throughout your stay in Los Angeles
Guaranteed entry to the WPT Celebrity Invitational
There are a wide range of daily qualifiers that run until the 19th December or until 14 packages are given away. Daily freerolls mean there is the chance to win the trip to LA for free!
The WPT Celebrity Invitational is the curtain raiser for the LA Poker Classic and takes place on the 18th – 19th February 2011 – the event is overseen by WPT Executive Tour Director Matt Savage. The event is strictly invite only. Amongst the celebrities spotted in the field in 2010 were Ricki Lake and Terri Hatcher, with reality star Trishella Cannatella and poker pro Thor Hansen making the final table. Amateur Leron Washington took the $100,000 first prize.
Full information can be found at: PartyPoker.com
Please note that players have to be 21 to take part in the WPT Celebrity Invitational.
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Saturday, December 04, 2010
Online gaming companies in for huge 2011, by Greg Tingle
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Could online gaming firms be in the mix of the top stockmarket investments to make in 2011?
The listing of Betfair (BET) at the conclusion of October on a fancy multiple and the $3.3 billion megamerger between PartyGaming and Bwin (PRTY), due to complete in the first quarter of 2011, appears to have added spark to the industry of late.
Then there is the prospect, albeit slight, of the liberalisation of the US igaming market which has put the industry firmly on investors' watch list, including ours, for next year.
It is understandable, as even a snapshot look at the stockmarket gains of the world’s biggest online gaming companies between circa 2004-2006 reveals just how quickly fortunes were made and lost.
The iGaming Global Top 30 Index, an index of the stockmarket performance of the biggest 30 online gaming companies, surged 40% between July 2004 and August 2005. This was followed by 12 months of extreme volatility before sinking thanks to a controversial piece of legislation in the US.
Since 2006, online gaming’s real story has been dominated by America’s Unlawful Internet Gambling Enforcement Act (UIGEA).
The multibillion-pound global industry virtually collapsed in a heap after its biggest market - the US - was closed down overnight when Congress introduced a surprise clause to legislation in September 2006, in effect making internet betting illegal. Not only was that a blow for investors - it was a hugely expensive one.
British-based companies were among the biggest casualties.
As soon as the London Stock Exchange opened the following Monday morning, shares in PartyGaming - then a FTSE 100 member - dived by 58%, while rivals 888 Holdings (888) and Sportingbet saw their shares slide by 26% and 64% respectively, wiping an estimated £4 billion off the sector's value.
The companies were forced to focus on opportunities in other parts of the world, but the businesses have never fully recovered from the impact of losing their most lucrative market. Last year, online gambling was worth an estimated $5.4 billion (£3.5 billion) overall, a figure that could rise to $12-$16 billion if the market was opened up, analysts say.
Despite the recent loss of a sympathetic Democrat majority in Congress last month, there is renewed hope of floated gambling companies being dealt a good hand on both sides of the Pond.
The new Republican chairman of the House financial services committee is likely to be an old-style Alabaman named Spencer Bachus.
Yet he is likely to listen to the prospects of a reinvigorated gambling sector for the ailing US economy. The Federal government’s non-partisan accountants, the Joint Committee on Taxation, have estimated online gambling could generate between $10 billion and $42 billion in new revenue by 2019, depending on the number of states that opt into a federal regulatory programme.
Yet he is likely to listen to the prospects of a reinvigorated gambling sector for the ailing US economy.
The Federal government’s non-partisan accountants, the Joint Committee on Taxation, have estimated online gambling could generate between $10 billion and $42 billion in new revenue by 2019, depending on the number of states that opt into a Federal regulatory programme.
And you can see why if you glance at the forecast numbers.
With the US nationwide unemployment rate at 10%, 48 of 50 states facing budget shortfalls and a Federal deficit approaching $1.3 trillion, the economic backdrop against which to promote regulation and taxation of internet gambling has arguably never been more favourable.
Yet those companies poised to get a real boost should America legalise online gambling, such as the impressive PartyGaming/Bwin combine, are getting excited about the future.
"We are seeing things from a legislative perspective that are quite exciting for us," says Jim Ryan, chief executive of PartyGaming, whose comments undoubtedly reflect the mood of a growing contingent of gambling operators on both sides of the Atlantic.
There has been speculation that PartyGaming and Bwin have decided to merge at this time precisely because they will be better placed than any other operator to seize a huge market share should the US decide to legalise online gambling. You only have to look at the market share that Party was able to capture by becoming one of the first operators into the online poker market back in 2001.
Analysts agree the enlarged company is in a strong position to exploit the opening up of the US market.
In a note to investors recently, the Morgan Stanley leisure analyst Vaughan Lewis said: "The overall political tide is moving firmly in favour of regulation, rather than prohibition.
"With its expertise... market-leading technology, strong marketing capability and good brands, we think the combined entity of PartyGaming and Bwin would be extremely well positioned to benefit from any market opening in the US. We include nothing in our forecasts for the US, so any new market here is pure upside."
And in a recent Barclays Capital research note, the investment bank said: "In the event of Federal regulation, we believe PartyGaming would be the likely key beneficiary.
"Under this hypothetical scenario, we estimate the potential [underlying profits] uplift could be 94% for PartyGaming and 58% for Bwin and 888. On a state-by-state hypothetical scenario, we estimate the uplift for the group would be considerably lower, but still meaningful."
Meanwhile, at the end of October analysts at Numis published a note saying there is 50% upside potential at Party when the merger with Bwin completes in March 2011. With the shares trading at around 230p at the beginning of November Numis have put a price target of 400p on the stock.
The PartyGaming/Bwin merger has got the other big companies in the sector scurrying around to do similar deals. They don't want to be left behind in what will become a gold rush should the US legalise online gaming.
888 and Sportingbet are also possible future takeover targets as the industry consolidates, but only once their legal liabilities in the US market are cleared. Serious negotiations in the PartyGaming/Bwin merger were only concluded once Party had secured a $105 million settlement with US authorities.
Analysts say a resolution would clear the way for 888 and Sportingbet to re-enter the lucrative US market should moves to overturn the 2006 legislation succeed.
Sportingbet has already acted telling shareholders at its latest results meeting that it had made a £22.8 million settlement with the US Department of Justice over an investigation into illegal internet gambling. The agreement means the firm will avoid being prosecuted in the US for accepting online bets made by Americans between 1998 and 2006.
Sportingbet would hold the most appeal to potential bidders, analysts reckon, pointing to its very strong market positioning in Australia and commenting that Ladbrokes (LAD) and William Hill (WMH) could be interested in a takeover.
Liberum Capital analyst Richard Taylor recently highlighted the strength of Sportingbet’s sports betting business, which he said had one of the best gross margins in the sector at around 10%. In addition, he said Sportingbet’s management was open to a bid, having previously stated up to 55% of their cost base could be removed.
Another former giant of the sector, now somewhat depleted thanks to the UIGEA, is 888.
Analysts say 888's attraction would be the potential for cost savings in a tie-up with a rival online gaming operator, and that Party/Bwin might be a possible buyer. What would make it attractive is that both Party and Bwin use 888 as a supplier.
However, the Shaked family who founded the company, and who control over 50% of the shares, would be looking for a price significantly above the 40p at which the company currently trades.
There have been whispers among London traders in the last few weeks that a £262 million, or 76p a share, cash bid from a much bigger industry player, possibly US entertainment giant Harrah's, which already has close business links with 888 could be on the cards.
Certainly 888 chief executive Gigi Levy has said recently that he looks at consolidation as one of the possible routes to realising shareholder value.
Another giant of the industry looking to become bigger still is the mighty Betfair. Having listed on the LSE at the end of October at 1,300p, the shares soon touched 1,600p-plus, as tracker funds piled in confident it will canter into the FTSE 250 index at the December review with a market value above £1.6 billion.
If things are hotting up at the Federal level for the online gaming industry there are also some exciting developments at state level.
So far in 2010, four states have considered whether or not to legalise some combination of online poker, casino gaming and sports betting: Iowa, Florida, California and New Jersey.
The state making most headway is New Jersey, where internet gambling has been under consideration by lawmakers since 2001. It is finally receiving serious consideration in the state Senate where two bills, which would legalise internet sports betting and casino gaming respectively, have already passed the committee stage this year.
From California to New Jersey to Florida, more state and federal congressmen are taking the reality of a legal online gambling regime a lot more seriously.
Whoever wins the race, state or federal, one thing is clear: more and more stakeholders in the US are finally coming around to understand the risks and implication of a ‘do nothing’ strategy. This is an opportunity cost and gambling companies are getting their bets on regardless.
But ongoing political deadlock clearly poses a real threat to regulatory efforts at all levels of American government. But even as gambling industry stakeholders duke it out in the halls of legislatures around the country, as well as on Capitol Hill in Washington, the very fact that the conflict between them is intensifying signals that interest and investment in pushing for online gaming regulation is rising.
With billions of dollars out there to harvest and market share to win, the entire online gaming sector looks ripe for an upturn in coming months. Investing in online gaming companies has always been a white knuckle ride - and there looks to be every sign this particular circus is once again rolling back into town.
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Could online gaming firms be in the mix of the top stockmarket investments to make in 2011?
The listing of Betfair (BET) at the conclusion of October on a fancy multiple and the $3.3 billion megamerger between PartyGaming and Bwin (PRTY), due to complete in the first quarter of 2011, appears to have added spark to the industry of late.
Then there is the prospect, albeit slight, of the liberalisation of the US igaming market which has put the industry firmly on investors' watch list, including ours, for next year.
It is understandable, as even a snapshot look at the stockmarket gains of the world’s biggest online gaming companies between circa 2004-2006 reveals just how quickly fortunes were made and lost.
The iGaming Global Top 30 Index, an index of the stockmarket performance of the biggest 30 online gaming companies, surged 40% between July 2004 and August 2005. This was followed by 12 months of extreme volatility before sinking thanks to a controversial piece of legislation in the US.
Since 2006, online gaming’s real story has been dominated by America’s Unlawful Internet Gambling Enforcement Act (UIGEA).
The multibillion-pound global industry virtually collapsed in a heap after its biggest market - the US - was closed down overnight when Congress introduced a surprise clause to legislation in September 2006, in effect making internet betting illegal. Not only was that a blow for investors - it was a hugely expensive one.
British-based companies were among the biggest casualties.
As soon as the London Stock Exchange opened the following Monday morning, shares in PartyGaming - then a FTSE 100 member - dived by 58%, while rivals 888 Holdings (888) and Sportingbet saw their shares slide by 26% and 64% respectively, wiping an estimated £4 billion off the sector's value.
The companies were forced to focus on opportunities in other parts of the world, but the businesses have never fully recovered from the impact of losing their most lucrative market. Last year, online gambling was worth an estimated $5.4 billion (£3.5 billion) overall, a figure that could rise to $12-$16 billion if the market was opened up, analysts say.
Despite the recent loss of a sympathetic Democrat majority in Congress last month, there is renewed hope of floated gambling companies being dealt a good hand on both sides of the Pond.
The new Republican chairman of the House financial services committee is likely to be an old-style Alabaman named Spencer Bachus.
Yet he is likely to listen to the prospects of a reinvigorated gambling sector for the ailing US economy. The Federal government’s non-partisan accountants, the Joint Committee on Taxation, have estimated online gambling could generate between $10 billion and $42 billion in new revenue by 2019, depending on the number of states that opt into a federal regulatory programme.
Yet he is likely to listen to the prospects of a reinvigorated gambling sector for the ailing US economy.
The Federal government’s non-partisan accountants, the Joint Committee on Taxation, have estimated online gambling could generate between $10 billion and $42 billion in new revenue by 2019, depending on the number of states that opt into a Federal regulatory programme.
And you can see why if you glance at the forecast numbers.
With the US nationwide unemployment rate at 10%, 48 of 50 states facing budget shortfalls and a Federal deficit approaching $1.3 trillion, the economic backdrop against which to promote regulation and taxation of internet gambling has arguably never been more favourable.
Yet those companies poised to get a real boost should America legalise online gambling, such as the impressive PartyGaming/Bwin combine, are getting excited about the future.
"We are seeing things from a legislative perspective that are quite exciting for us," says Jim Ryan, chief executive of PartyGaming, whose comments undoubtedly reflect the mood of a growing contingent of gambling operators on both sides of the Atlantic.
There has been speculation that PartyGaming and Bwin have decided to merge at this time precisely because they will be better placed than any other operator to seize a huge market share should the US decide to legalise online gambling. You only have to look at the market share that Party was able to capture by becoming one of the first operators into the online poker market back in 2001.
Analysts agree the enlarged company is in a strong position to exploit the opening up of the US market.
In a note to investors recently, the Morgan Stanley leisure analyst Vaughan Lewis said: "The overall political tide is moving firmly in favour of regulation, rather than prohibition.
"With its expertise... market-leading technology, strong marketing capability and good brands, we think the combined entity of PartyGaming and Bwin would be extremely well positioned to benefit from any market opening in the US. We include nothing in our forecasts for the US, so any new market here is pure upside."
And in a recent Barclays Capital research note, the investment bank said: "In the event of Federal regulation, we believe PartyGaming would be the likely key beneficiary.
"Under this hypothetical scenario, we estimate the potential [underlying profits] uplift could be 94% for PartyGaming and 58% for Bwin and 888. On a state-by-state hypothetical scenario, we estimate the uplift for the group would be considerably lower, but still meaningful."
Meanwhile, at the end of October analysts at Numis published a note saying there is 50% upside potential at Party when the merger with Bwin completes in March 2011. With the shares trading at around 230p at the beginning of November Numis have put a price target of 400p on the stock.
The PartyGaming/Bwin merger has got the other big companies in the sector scurrying around to do similar deals. They don't want to be left behind in what will become a gold rush should the US legalise online gaming.
888 and Sportingbet are also possible future takeover targets as the industry consolidates, but only once their legal liabilities in the US market are cleared. Serious negotiations in the PartyGaming/Bwin merger were only concluded once Party had secured a $105 million settlement with US authorities.
Analysts say a resolution would clear the way for 888 and Sportingbet to re-enter the lucrative US market should moves to overturn the 2006 legislation succeed.
Sportingbet has already acted telling shareholders at its latest results meeting that it had made a £22.8 million settlement with the US Department of Justice over an investigation into illegal internet gambling. The agreement means the firm will avoid being prosecuted in the US for accepting online bets made by Americans between 1998 and 2006.
Sportingbet would hold the most appeal to potential bidders, analysts reckon, pointing to its very strong market positioning in Australia and commenting that Ladbrokes (LAD) and William Hill (WMH) could be interested in a takeover.
Liberum Capital analyst Richard Taylor recently highlighted the strength of Sportingbet’s sports betting business, which he said had one of the best gross margins in the sector at around 10%. In addition, he said Sportingbet’s management was open to a bid, having previously stated up to 55% of their cost base could be removed.
Another former giant of the sector, now somewhat depleted thanks to the UIGEA, is 888.
Analysts say 888's attraction would be the potential for cost savings in a tie-up with a rival online gaming operator, and that Party/Bwin might be a possible buyer. What would make it attractive is that both Party and Bwin use 888 as a supplier.
However, the Shaked family who founded the company, and who control over 50% of the shares, would be looking for a price significantly above the 40p at which the company currently trades.
There have been whispers among London traders in the last few weeks that a £262 million, or 76p a share, cash bid from a much bigger industry player, possibly US entertainment giant Harrah's, which already has close business links with 888 could be on the cards.
Certainly 888 chief executive Gigi Levy has said recently that he looks at consolidation as one of the possible routes to realising shareholder value.
Another giant of the industry looking to become bigger still is the mighty Betfair. Having listed on the LSE at the end of October at 1,300p, the shares soon touched 1,600p-plus, as tracker funds piled in confident it will canter into the FTSE 250 index at the December review with a market value above £1.6 billion.
If things are hotting up at the Federal level for the online gaming industry there are also some exciting developments at state level.
So far in 2010, four states have considered whether or not to legalise some combination of online poker, casino gaming and sports betting: Iowa, Florida, California and New Jersey.
The state making most headway is New Jersey, where internet gambling has been under consideration by lawmakers since 2001. It is finally receiving serious consideration in the state Senate where two bills, which would legalise internet sports betting and casino gaming respectively, have already passed the committee stage this year.
From California to New Jersey to Florida, more state and federal congressmen are taking the reality of a legal online gambling regime a lot more seriously.
Whoever wins the race, state or federal, one thing is clear: more and more stakeholders in the US are finally coming around to understand the risks and implication of a ‘do nothing’ strategy. This is an opportunity cost and gambling companies are getting their bets on regardless.
But ongoing political deadlock clearly poses a real threat to regulatory efforts at all levels of American government. But even as gambling industry stakeholders duke it out in the halls of legislatures around the country, as well as on Capitol Hill in Washington, the very fact that the conflict between them is intensifying signals that interest and investment in pushing for online gaming regulation is rising.
With billions of dollars out there to harvest and market share to win, the entire online gaming sector looks ripe for an upturn in coming months. Investing in online gaming companies has always been a white knuckle ride - and there looks to be every sign this particular circus is once again rolling back into town.
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Friday, December 03, 2010
Poker News Media Website Network Updated
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Wednesday, December 01, 2010
Casino News Media: Palladium VIP's - Spoil Yourself With As Many Presents As You Want From PartyPoker - Santa's Party Pack Open To All On PartyCasino!
Palladium VIP's - Spoil Yourself With As Many Presents As You Want From PartyPoker - Santa's Party Pack Open To All On PartyCasino.com !
** Win your share of $5,000 every day in December. See: PartyPoker.com **
** The first episode of PartyPoker.com World Open VI is now online.
Many of the players involved will remember the jaw dropping quads over quads – Andrew Robl, Toby Lewis, Mike Sexton and Jesse May talk about this in a special post here: PartyPoker.com
** Aussie Millions qualifiers are up and running. Team Party pro Tyron Krost won the event last year and gives his own guide to satellites. PartyPoker.com **
Palladium VIP's - Spoil Yourself With As Many Presents As You Want From PartyPoker - Santa's Party Pack Open To All On PartyCasino!
Gibraltar – 30th November 2010 -- The festive season is drawing closer and PartyPoker.com is making sure they treat their most-valued players to a whole stack of presents. Palladium VIPs have the opportunity to pick up six presents and fill their very own Santa sack by just earning points by playing at PartyPoker.com’s online tables from the 1st to 14th December 2010.
A PartyPoker.com spokesman said: "The premise is very simple – Palladium VIPs earn points that make prizes. At the bottom end there is a $50 cash bonus, while 30,000 points delivers a $5,000 WPT entry. Players are entitled to keep all of the prizes they can win - so with six prize levels there’s six fantastic presents to keep!"
Here’s what’s on offer in the VIP Gift Accumulator:
Prize level Points required Prize Prize Draw tickets
1 1,500 $50 cash bonus 1
2 3,000 $100 cash 2
3 6,000 iPod Touch 4
4 12,000 $700 cash 8
5 20,000 16GB iPad 14
6 30,000 WPT entry 20
The feast of presents doesn’t just end here though. Every time a player hits a prize level PartyPoker.com award tickets for the VIP Gift Accumulator prize draw which offers the chance to win a share of $10,000. The more prizes a Palladium VIP earn the more entries they’ll get into the draw, giving more frequent players a better chance of winning the $5,000 first prize, the $3,000 second prize or the $2,000 third prize. Winners will be announced on the 17th December.
Please note that this is an OPT-IN promotion. For more information see: PartyPoker.com
Santa is also coming to PartyCasino.com. Unlike the poker promotion this is open to non VIPs too and runs from the 1st – 14th December, whether you have been bad or good. Points mean prizes including a luxury Caribbean holiday!
See: PartyCasino.com for more information.
Santa’s Party Pack
Prizes whether you’ve been good or bad!
Starts: 00:00 ET, 1st December
Ends: 23:59 ET, 14th December
Santa is making an early appearance. He’s spreading Christmas cheer, handing out killer Christmas presents to non-VIP and Palladium VIP players.
From 1st to 14th December, you can celebrate Christmas in style with a double whammy of festive winning opportunities. There’s a prize giveaway where you can scoop up to 6 prizes, and a massive cash prize draw!
Winning a share of Santa’s Party Pack is simple, and you don’t even have to sit on Santa’s knee! Simply opt-in between the 1st-14th December and collect points by playing your favourite slots and jackpot slots. The more you play, the more prizes you’ll unwrap.
Prize Giveaway
If you’re not a VIP yet, check out the Christmas List below, Santa could bring you up to 5 fantastic prizes worth $1,000:
Points Cumulative prizes
20 $5 cash bonus
100 300 points
500 $50 cash bonus
1,000 $100 free cash
5,000 iPad 32GB WiFi*
*The iPad 32GB WiFi has a cash alternative of $600, this will automatically be credited to your account. Please see T&C’s for details of how to receive the non monetary alternative.
If you’re a Palladium VIP player, check out the Christmas list below. Santa could bring you up to 6 prizes worth $10,000:
Points Cumulative prizes
2,000 $75 cash bonus
3,000 1500 points
5,000 $150 cash bonus
7,500 $250 free cash
15,000 iPad 64GB WiFi**
50,000 Luxury Caribbean Holiday**
(worth $8,500)
**The iPad 64GB WiFi has a cash alternative of $1,000, **The Luxury Caribbean Holiday has a cash alternative of $5,000 these will automatically be credited to your account. Please see T&C’s for details of how to receive the non monetary alternative.
Santa’s Big Prize Draw
What a cracker! But wait…there’s an extra present under the tree – Santa’s Big Prize Draw. By taking part in Santa’s Party Pack, you will be eligible for the draw. The more points you earn the more entries you will receive. Check below to see how much cash you can win:
Non-VIP Big Prize Draw
Every time you earn 20 points during the promotion, you’ll get one entry to the Big Prize Draw. $10,000 will be shared equally between 10 lucky players.
VIP Big Prize Draw
Every time you earn 500 points during the promotion, you’ll get one entry to the Big Prize Draw. $20,000 will be shared between 3 lucky players in the following amounts: 1st - $10,000, 2nd - $6,000 and 3rd - $4,000.
You can collect points on any of our slots and jackpot slots. To join the festivities you need to Opt-In from the 1st-14th December. Win some exceptional presents this Christmas with Santa’s Party Pack.
Good luck and Merry Christmas!
Media Man, Casino News Media and Global Gaming Directory do have a b2b relationship with PartyGaming, as they do with dozens of other companies in the gaming, igaming, media and entertainment industry.
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Palladium VIP's - Spoil Yourself With As Many Presents As You Want From PartyPoker - Santa's Party Pack Open To All On PartyCasino.com !
** Win your share of $5,000 every day in December. See: PartyPoker.com **
** The first episode of PartyPoker.com World Open VI is now online.
Many of the players involved will remember the jaw dropping quads over quads – Andrew Robl, Toby Lewis, Mike Sexton and Jesse May talk about this in a special post here: PartyPoker.com
** Aussie Millions qualifiers are up and running. Team Party pro Tyron Krost won the event last year and gives his own guide to satellites. PartyPoker.com **
Palladium VIP's - Spoil Yourself With As Many Presents As You Want From PartyPoker - Santa's Party Pack Open To All On PartyCasino!
Gibraltar – 30th November 2010 -- The festive season is drawing closer and PartyPoker.com is making sure they treat their most-valued players to a whole stack of presents. Palladium VIPs have the opportunity to pick up six presents and fill their very own Santa sack by just earning points by playing at PartyPoker.com’s online tables from the 1st to 14th December 2010.
A PartyPoker.com spokesman said: "The premise is very simple – Palladium VIPs earn points that make prizes. At the bottom end there is a $50 cash bonus, while 30,000 points delivers a $5,000 WPT entry. Players are entitled to keep all of the prizes they can win - so with six prize levels there’s six fantastic presents to keep!"
Here’s what’s on offer in the VIP Gift Accumulator:
Prize level Points required Prize Prize Draw tickets
1 1,500 $50 cash bonus 1
2 3,000 $100 cash 2
3 6,000 iPod Touch 4
4 12,000 $700 cash 8
5 20,000 16GB iPad 14
6 30,000 WPT entry 20
The feast of presents doesn’t just end here though. Every time a player hits a prize level PartyPoker.com award tickets for the VIP Gift Accumulator prize draw which offers the chance to win a share of $10,000. The more prizes a Palladium VIP earn the more entries they’ll get into the draw, giving more frequent players a better chance of winning the $5,000 first prize, the $3,000 second prize or the $2,000 third prize. Winners will be announced on the 17th December.
Please note that this is an OPT-IN promotion. For more information see: PartyPoker.com
Santa is also coming to PartyCasino.com. Unlike the poker promotion this is open to non VIPs too and runs from the 1st – 14th December, whether you have been bad or good. Points mean prizes including a luxury Caribbean holiday!
See: PartyCasino.com for more information.
Santa’s Party Pack
Prizes whether you’ve been good or bad!
Starts: 00:00 ET, 1st December
Ends: 23:59 ET, 14th December
Santa is making an early appearance. He’s spreading Christmas cheer, handing out killer Christmas presents to non-VIP and Palladium VIP players.
From 1st to 14th December, you can celebrate Christmas in style with a double whammy of festive winning opportunities. There’s a prize giveaway where you can scoop up to 6 prizes, and a massive cash prize draw!
Winning a share of Santa’s Party Pack is simple, and you don’t even have to sit on Santa’s knee! Simply opt-in between the 1st-14th December and collect points by playing your favourite slots and jackpot slots. The more you play, the more prizes you’ll unwrap.
Prize Giveaway
If you’re not a VIP yet, check out the Christmas List below, Santa could bring you up to 5 fantastic prizes worth $1,000:
Points Cumulative prizes
20 $5 cash bonus
100 300 points
500 $50 cash bonus
1,000 $100 free cash
5,000 iPad 32GB WiFi*
*The iPad 32GB WiFi has a cash alternative of $600, this will automatically be credited to your account. Please see T&C’s for details of how to receive the non monetary alternative.
If you’re a Palladium VIP player, check out the Christmas list below. Santa could bring you up to 6 prizes worth $10,000:
Points Cumulative prizes
2,000 $75 cash bonus
3,000 1500 points
5,000 $150 cash bonus
7,500 $250 free cash
15,000 iPad 64GB WiFi**
50,000 Luxury Caribbean Holiday**
(worth $8,500)
**The iPad 64GB WiFi has a cash alternative of $1,000, **The Luxury Caribbean Holiday has a cash alternative of $5,000 these will automatically be credited to your account. Please see T&C’s for details of how to receive the non monetary alternative.
Santa’s Big Prize Draw
What a cracker! But wait…there’s an extra present under the tree – Santa’s Big Prize Draw. By taking part in Santa’s Party Pack, you will be eligible for the draw. The more points you earn the more entries you will receive. Check below to see how much cash you can win:
Non-VIP Big Prize Draw
Every time you earn 20 points during the promotion, you’ll get one entry to the Big Prize Draw. $10,000 will be shared equally between 10 lucky players.
VIP Big Prize Draw
Every time you earn 500 points during the promotion, you’ll get one entry to the Big Prize Draw. $20,000 will be shared between 3 lucky players in the following amounts: 1st - $10,000, 2nd - $6,000 and 3rd - $4,000.
You can collect points on any of our slots and jackpot slots. To join the festivities you need to Opt-In from the 1st-14th December. Win some exceptional presents this Christmas with Santa’s Party Pack.
Good luck and Merry Christmas!
Media Man, Casino News Media and Global Gaming Directory do have a b2b relationship with PartyGaming, as they do with dozens of other companies in the gaming, igaming, media and entertainment industry.
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Tuesday, November 30, 2010
PartyPoker Introduces Five Star Poker Challenge
PartyPoker Introduces Five Star Poker Challenge
In December, PartyPoker will unveil the Five Star Poker Challenge, offering 31 freerolls worth $5,000 each plus other high-stakes cash prizes. PartyPoker offers some of the industry’s most unique promotions every month.
All you have to do to take full advantage of the Five Star Poker Challenge is rack up five Party Points in a single day. That’s it; that’s really all you have to do. When you amass five points, PartyPoker will grant you entry into a $5,000 freeroll the next day. There are 31 freerolls that will be held in total, meaning that the site is putting up over $150,000 for this part of the Five Star Poker Challenge promotion.
Now, if you qualify for five of the aforementioned $5,000 freerolls, you’ll score entry into a $50,000 freeroll that will be held on January 2nd. You’ll be ringing in the new year in style as you vie for a five-figure prize pool, all for playing on one of the world’s largest online poker sites.
In addition, repeat winners of the $5,000 freerolls will be in for a special treat. Win two daily $5,000 freerolls and you’ll take home a $5,000 cash prize. If you manage to win three daily freerolls, then your prize will be increased to $50,000. Finally, any PartyPoker player who manages to take down five daily $5,000 freerolls will win a colossal $500,000 cash prize.
Your $5,000 freeroll victories don’t have to be consecutive; rather, they can happen on any days during the promotion. Finally, PartyPoker is offering up one $5,000, $50,000, and $500,000 bonus, so start playing early to claim your prize, as jackpots will be paid out on a first come, first served basis.
Text found on PartyPoker’s website explains how bonuses can be claimed: “To make a claim, players must send an email to info@partypoker.com and confirm their account name. PartyPoker will respond to all claims within 48 hours in order to verify all claims and ensure no fraudulent play has taken place.” PartyPoker expects to pay out bonuses within 48 hours.
The $5,000 tournaments will kick off at 15:00 ET each day during the Five Star Poker Challenge. According to PartyPoker’s terms, a “day” runs from 00:00 ET to 23:59 ET, so make sure to pick up five Party Points during this time span to qualify.
Also in December, PartyPoker is holding the VIP Gift Accumulator for its VIP members. All players need to do is earn Party Points. Then, at certain thresholds, they’ll receive rewards for their play, ranging from a $50 cash prize to a $5,000 World Poker Tour (WPT) buy-in. Other prizes include $100 in cash, an iPod Touch, $700 in cash, and a 16 GB iPad, which will likely be one of the hottest gift items for the holiday season. All prizes are cumulative, which could make for a pretty full stocking come Christmas morning.
The VIP Gift Accumulator also includes a prize draw that will shell out $10,000. The top payout in the prize draw is $5,000, with cash sums of $3,000 and $2,000 also available. The VIP Gift Accumulator promotion runs from December 1st to 14th, with the prize draw occurring on December 17th. Players must opt into the VIP Gift Accumulator in order to participate.
The WPT buy-in is good for any event before March 31st. Players who would rather not head to a live poker tournament can opt for a cash alternative of $3,500. In order to check out how many VIP Gift Accumulator points you’ve earned, head to your PartyPoker account after you’ve opted in.
Visit PartyPoker for the full rundowns of the Five Star Poker Challenge and VIP Gift Accumulator. (Credit: Poker News Daily)
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PartyPoker Introduces Five Star Poker Challenge
In December, PartyPoker will unveil the Five Star Poker Challenge, offering 31 freerolls worth $5,000 each plus other high-stakes cash prizes. PartyPoker offers some of the industry’s most unique promotions every month.
All you have to do to take full advantage of the Five Star Poker Challenge is rack up five Party Points in a single day. That’s it; that’s really all you have to do. When you amass five points, PartyPoker will grant you entry into a $5,000 freeroll the next day. There are 31 freerolls that will be held in total, meaning that the site is putting up over $150,000 for this part of the Five Star Poker Challenge promotion.
Now, if you qualify for five of the aforementioned $5,000 freerolls, you’ll score entry into a $50,000 freeroll that will be held on January 2nd. You’ll be ringing in the new year in style as you vie for a five-figure prize pool, all for playing on one of the world’s largest online poker sites.
In addition, repeat winners of the $5,000 freerolls will be in for a special treat. Win two daily $5,000 freerolls and you’ll take home a $5,000 cash prize. If you manage to win three daily freerolls, then your prize will be increased to $50,000. Finally, any PartyPoker player who manages to take down five daily $5,000 freerolls will win a colossal $500,000 cash prize.
Your $5,000 freeroll victories don’t have to be consecutive; rather, they can happen on any days during the promotion. Finally, PartyPoker is offering up one $5,000, $50,000, and $500,000 bonus, so start playing early to claim your prize, as jackpots will be paid out on a first come, first served basis.
Text found on PartyPoker’s website explains how bonuses can be claimed: “To make a claim, players must send an email to info@partypoker.com and confirm their account name. PartyPoker will respond to all claims within 48 hours in order to verify all claims and ensure no fraudulent play has taken place.” PartyPoker expects to pay out bonuses within 48 hours.
The $5,000 tournaments will kick off at 15:00 ET each day during the Five Star Poker Challenge. According to PartyPoker’s terms, a “day” runs from 00:00 ET to 23:59 ET, so make sure to pick up five Party Points during this time span to qualify.
Also in December, PartyPoker is holding the VIP Gift Accumulator for its VIP members. All players need to do is earn Party Points. Then, at certain thresholds, they’ll receive rewards for their play, ranging from a $50 cash prize to a $5,000 World Poker Tour (WPT) buy-in. Other prizes include $100 in cash, an iPod Touch, $700 in cash, and a 16 GB iPad, which will likely be one of the hottest gift items for the holiday season. All prizes are cumulative, which could make for a pretty full stocking come Christmas morning.
The VIP Gift Accumulator also includes a prize draw that will shell out $10,000. The top payout in the prize draw is $5,000, with cash sums of $3,000 and $2,000 also available. The VIP Gift Accumulator promotion runs from December 1st to 14th, with the prize draw occurring on December 17th. Players must opt into the VIP Gift Accumulator in order to participate.
The WPT buy-in is good for any event before March 31st. Players who would rather not head to a live poker tournament can opt for a cash alternative of $3,500. In order to check out how many VIP Gift Accumulator points you’ve earned, head to your PartyPoker account after you’ve opted in.
Visit PartyPoker for the full rundowns of the Five Star Poker Challenge and VIP Gift Accumulator. (Credit: Poker News Daily)
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PartyCasino Wins Media Man 'Online Casino Of The Month' Award
PartyCasino.com Wins Media Man Online Casino Award
PartyCasino.com has been awarded the Media Man and Casino News Media "Online Casino Of The Month".
PartyGaming's igaming suite has grown a custom to winning awards since they first opened for business in 1997.
The competition for the coveted award was intense again this month with massive bids from both WPTCasino.com, Captain Cooks Casino, Virgin Casino, Betfair, PKR and Noble Casino however there can only be one winner... ladies and gentlemen, that's PartyCasino.com
The award follows PartyPoker's EGR Poker Operator Of The Year and PartyGaming also made the shortlist for EGR Operator Of The Year. Recently PartyGaming's PartyPoker.com also won the Casino News Media "Online Poker Website Of The Month".
The Media Man - Casino News Media accolade is based on a combination of elements including user experience, innovation, trustworthiness, customer service, gameplay, affiliate program offerings, newsworthiness and company values.
PartyCasino.com is one of a number of PartyGaming brands.
The most popular PartyCasino.com games of late include Heist, Circus, Rambo, Palladium Slot, The Godfather, Sinatra, Slotbox, Call Of Duty 4: Modern Warfare, Mission: Impossible, The Terminator, Cleopatra, Sinatra, Thor, The Incredible Hulk, The Amazing Spider-Man, Monopoly, Resident Evil, Melon Madness, Wheel Of Fortune and Mega Fortune Wheel.
The PartyCasino.com jackpot is currently approaching the $2 million mark. Players can also compete for The Big One and Marvel Hero Jackpot, playing the Marvel super hero themed online slot games.
PartyCasino's most recent game releases include Shaaark! SuperBet, Crocodopolis, Alice's Wonderland, Glamour Puss, Super Cubes, Heist, Palladium Slot and Circus Slot.
PartyGaming CEO Jim Ryan has gone on record advising PartyCasino will soon feature more Hollywood blockbuster themed slots. A few in the know journalists and media agents have been recently tipped off that an all time classic movie adaption will be showcased in the PartyCasino portfolio within 1 month. PartyCasino has the world's most impressive line up of Hollywood themed games, and more are just around the corner.
PartyCasino.com and PartyPoker.com customers can also benefit from rewards and bonuses via PartyPoints and the Palladium Lounge. Be certain to check out the PartyCasino exclusive "Cash Machine" that is being championed as one of the greatest online casino promos ever.
Media Man, Casino News Media and Global Gaming Directory do have a b2b relationship with PartyGaming, as they do with dozens of other companies in the gaming, igaming, media and entertainment industry.
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PartyCasino.com Wins Media Man Online Casino Award
PartyCasino.com has been awarded the Media Man and Casino News Media "Online Casino Of The Month".
PartyGaming's igaming suite has grown a custom to winning awards since they first opened for business in 1997.
The competition for the coveted award was intense again this month with massive bids from both WPTCasino.com, Captain Cooks Casino, Virgin Casino, Betfair, PKR and Noble Casino however there can only be one winner... ladies and gentlemen, that's PartyCasino.com
The award follows PartyPoker's EGR Poker Operator Of The Year and PartyGaming also made the shortlist for EGR Operator Of The Year. Recently PartyGaming's PartyPoker.com also won the Casino News Media "Online Poker Website Of The Month".
The Media Man - Casino News Media accolade is based on a combination of elements including user experience, innovation, trustworthiness, customer service, gameplay, affiliate program offerings, newsworthiness and company values.
PartyCasino.com is one of a number of PartyGaming brands.
The most popular PartyCasino.com games of late include Heist, Circus, Rambo, Palladium Slot, The Godfather, Sinatra, Slotbox, Call Of Duty 4: Modern Warfare, Mission: Impossible, The Terminator, Cleopatra, Sinatra, Thor, The Incredible Hulk, The Amazing Spider-Man, Monopoly, Resident Evil, Melon Madness, Wheel Of Fortune and Mega Fortune Wheel.
The PartyCasino.com jackpot is currently approaching the $2 million mark. Players can also compete for The Big One and Marvel Hero Jackpot, playing the Marvel super hero themed online slot games.
PartyCasino's most recent game releases include Shaaark! SuperBet, Crocodopolis, Alice's Wonderland, Glamour Puss, Super Cubes, Heist, Palladium Slot and Circus Slot.
PartyGaming CEO Jim Ryan has gone on record advising PartyCasino will soon feature more Hollywood blockbuster themed slots. A few in the know journalists and media agents have been recently tipped off that an all time classic movie adaption will be showcased in the PartyCasino portfolio within 1 month. PartyCasino has the world's most impressive line up of Hollywood themed games, and more are just around the corner.
PartyCasino.com and PartyPoker.com customers can also benefit from rewards and bonuses via PartyPoints and the Palladium Lounge. Be certain to check out the PartyCasino exclusive "Cash Machine" that is being championed as one of the greatest online casino promos ever.
Media Man, Casino News Media and Global Gaming Directory do have a b2b relationship with PartyGaming, as they do with dozens of other companies in the gaming, igaming, media and entertainment industry.
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Monday, November 29, 2010
Poker News Media Website Network Updated
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Sunday, November 28, 2010
PKR Poker Nominated For Casino News Media - Media Man - Global Gaming Directory Awards - November 2010
PKR.com nominated for Casino News Media - Media Man - Global Gaming Directory Awards - November 2010
Award winning online casino and online poker room, PKR.com, made the finals of the Casino News Media - Media Man - Global Gaming Directory "Online Casino of the Month" and "Online Poker Website of the Month".
The news comes as PKR enjoys a wave of momentum with a website revamp, more games, champion players flying the flag for PKR, and "Avatar" type technologies and sports betting on the way.
PKR also offer one of the world's most impressive new player sign ups and rewards systems.
For a unique poker and casino experience in 3D, check out PKR.com today.
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PKR.com nominated for Casino News Media - Media Man - Global Gaming Directory Awards - November 2010
Award winning online casino and online poker room, PKR.com, made the finals of the Casino News Media - Media Man - Global Gaming Directory "Online Casino of the Month" and "Online Poker Website of the Month".
The news comes as PKR enjoys a wave of momentum with a website revamp, more games, champion players flying the flag for PKR, and "Avatar" type technologies and sports betting on the way.
PKR also offer one of the world's most impressive new player sign ups and rewards systems.
For a unique poker and casino experience in 3D, check out PKR.com today.
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Saturday, November 27, 2010
Poker News Media: Win A Dream Holiday And Guaranteed Entry Into WPT Celebrity Invitational: PartyCasino Big One Near 3 Million
Win A Dream Holiday And Guaranteed Entry Into WPT Celebrity Invitational; PartyCasino Big One Near $3 Million
‘The Big One’ at PartyCasino.com is nearing $3,000,000 while the accumulated jackpots on the world’s largest online casino are nearing $4,000,000! ‘The Big One’ is structured as a five tiered pool. The highest tier - Colossal Cash - seeds at $1.5 million, the biggest online jackpot seed in the industry, and currently stands at $2,840,000. Customers can play for ‘The Big One’ through traditional slot Melon Madness and the recently introduced Snow Business. Somebody is going to win very big!
PartyPoker.com recently introduced anonymous heads-up tables. How does that change your game? We asked Kara Scott et all for their views.
Win A Dream Holiday And Guaranteed Entry Into WPT Celebrity Invitational
Gibraltar – 16th November 2010 -- PartyPoker.com is offering customers the opportunity to indulge themselves in the world of the rich and famous by winning a four-day dream holiday to Los Angeles, including a seat in the prestigious WPT Celebrity Invitational at the Commerce.
A PartyPoker.com spokesman said: “Win one of our amazing prize packages and we’ll make sure you live it up in one of the coolest cities on the planet. Last year we took package winners on a tour of Hollywood and Beverley Hills as well as organising a fun-filled day at the world-famous Universal Studios – and this time it could be you experiencing the A-list lifestyle. As well as the sightseeing you’ll also get a seat at the exclusive WPT Celebrity Invitational. This event is packed full of celebrities and big names from poker but we’ve made sure our winners will have their place among the elite for a chance to win a major slice of the $200,000 prize pool.”
"These packages are sure to be popular. We don’t know how many of the 14 packages we’ll give away in each weekly satellite so remember, once they’re gone they’re gone and the promotion will be over."
PartyPoker.com’s Los Angeles packages include:
Four nights’ hotel accommodation
$2,000 spending money
Our world-renowned hospitality throughout your stay in Los Angeles
Guaranteed entry to the WPT Celebrity Invitational
There are a wide range of daily qualifiers that run until the 19th December or until 14 packages are given away. Daily freerolls mean there is the chance to win the trip to LA for free!
The WPT Celebrity Invitational is the curtain raiser for the LA Poker Classic and takes place on the 18th – 19th February 2011 – the event is overseen by WPT Executive Tour Director Matt Savage. The event is strictly invite only. Amongst the celebrities spotted in the field in 2010 were Ricki Lake and Terri Hatcher, with reality star Trishella Cannatella and poker pro Thor Hansen making the final table. Amateur Leron Washington took the $100,000 first prize.
Full information can be found at: PartyPoker.com
Please note that players have to be 21 to take part in the WPT Celebrity Invitational.
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Win A Dream Holiday And Guaranteed Entry Into WPT Celebrity Invitational; PartyCasino Big One Near $3 Million
‘The Big One’ at PartyCasino.com is nearing $3,000,000 while the accumulated jackpots on the world’s largest online casino are nearing $4,000,000! ‘The Big One’ is structured as a five tiered pool. The highest tier - Colossal Cash - seeds at $1.5 million, the biggest online jackpot seed in the industry, and currently stands at $2,840,000. Customers can play for ‘The Big One’ through traditional slot Melon Madness and the recently introduced Snow Business. Somebody is going to win very big!
PartyPoker.com recently introduced anonymous heads-up tables. How does that change your game? We asked Kara Scott et all for their views.
Win A Dream Holiday And Guaranteed Entry Into WPT Celebrity Invitational
Gibraltar – 16th November 2010 -- PartyPoker.com is offering customers the opportunity to indulge themselves in the world of the rich and famous by winning a four-day dream holiday to Los Angeles, including a seat in the prestigious WPT Celebrity Invitational at the Commerce.
A PartyPoker.com spokesman said: “Win one of our amazing prize packages and we’ll make sure you live it up in one of the coolest cities on the planet. Last year we took package winners on a tour of Hollywood and Beverley Hills as well as organising a fun-filled day at the world-famous Universal Studios – and this time it could be you experiencing the A-list lifestyle. As well as the sightseeing you’ll also get a seat at the exclusive WPT Celebrity Invitational. This event is packed full of celebrities and big names from poker but we’ve made sure our winners will have their place among the elite for a chance to win a major slice of the $200,000 prize pool.”
"These packages are sure to be popular. We don’t know how many of the 14 packages we’ll give away in each weekly satellite so remember, once they’re gone they’re gone and the promotion will be over."
PartyPoker.com’s Los Angeles packages include:
Four nights’ hotel accommodation
$2,000 spending money
Our world-renowned hospitality throughout your stay in Los Angeles
Guaranteed entry to the WPT Celebrity Invitational
There are a wide range of daily qualifiers that run until the 19th December or until 14 packages are given away. Daily freerolls mean there is the chance to win the trip to LA for free!
The WPT Celebrity Invitational is the curtain raiser for the LA Poker Classic and takes place on the 18th – 19th February 2011 – the event is overseen by WPT Executive Tour Director Matt Savage. The event is strictly invite only. Amongst the celebrities spotted in the field in 2010 were Ricki Lake and Terri Hatcher, with reality star Trishella Cannatella and poker pro Thor Hansen making the final table. Amateur Leron Washington took the $100,000 first prize.
Full information can be found at: PartyPoker.com
Please note that players have to be 21 to take part in the WPT Celebrity Invitational.
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Tuesday, November 23, 2010
Crown Casino Forced To Defend Reputation In Press, by Greg Tingle - 23rd November 2010
Crown Casino, Australia's leading land based casino and prize jewel of gambling and media tycoon James Packer, is publicly fighting back against a number of serious allegations being thrown at them. Media Man and Gambling911 play devil's advocate as we bring you this special report on the cafe and pub talk about Crown...
In the past year or so most of the media reports on James Packer owned Crown Casino have been balanced, with a number of even positive reports, but now a new batch of negative stories, allegations and even a spot of "attack journalism" is starting to read its ugly head again.
Casino Casino bosses are not happy in the least about a bush tucker bag of allegations being leveled at their gambling and entertainment premises.
One of the more gross allegations is that Crown was accused of letting desperate gamblers urinate at machines during 24-hour pokie marathon sessions!
Other leaks say Crown throws fights into the street and tries to cover up crimes and other unwanted attention.
The hard hitting allegations are found in a report based on interviews with 225 current and former Crown casino staff who spoke out about their impressions of the level of violence, problem gambling and alcohol abuse inside Australia's biggest gambling venue.
A number of Australian media and gambling commentators believe the reports may have been geared to generate negative results for the casino, and that a large number of former staff and disgruntled current staff may have been tricked into focusing on negatives, and that somehow the Uni compiled report was designed to make Crown Limited look bad.
The so call "study" was conducted by Deakin University researchers, sphere headed by Associate Prof Linda Hancock. Liquor, Hospitality and Miscellaneous Workers Union staff agreed to participate in the industry-wide research.
The most disgusting allegation was that some one armed bandit players stood by the same pokies for up to 24 hours, with one respondent saying they "sit there and just wee, go to the toilet at the machine"
Crown Casino advises that allegation is not true.
Some staff also allege that Crown Casino is:
Permits patrons to gamble when drunk, even though it is against the law in Victoria
Calling taxis RSL cabs, Silver Service etc) for injured patrons and staff to avoid an ambulance incident report.
Permitting punters to stay on pokies for 24 hours plus marathon sessions or more.
Forcing drunks onto the street.
Covering up up 20 to 30 brawls per evening, with up to 40 punters a night being escorted out onto the street. This is mostly due to fighting, and sometimes patrons used knives and bottles.
Dr Hancock states her research showed a "systematic breakdown between Crown, government and regulators who don't enforce codes of practice".
The report that some say is bias, was rigged, and not accurate, also demonstrates poor awareness among staff of problem gambling, with half of those interviewed saying they wouldn't intervene if a gambler was in a distressed state.
A media spokesperson at Media Man said "The results of the report are not a total surprise. It's well known that there is an agenda from certain parts of the educational and political sector to get negative press on Crown Casino. Whispers are that the report was focusing on negatives and that they interviewed people who were not happy at Crown and has an axe to grind. They have used this report to try to create a media beat up, and also trying to generate attack journalism. University reports are often used to try to give certain agendas more credibility Do not believe everything you read, including from University reports. We know Crown Casino to do an excellent job of dealing with problems and are a very responsible employer. The report smells of a rat".
Crown casino spokesman Gary O'Neill said the comments in the report were all false and did not deserve to be described as "research: (a term also used to describe Japanese whaling).
"Crown absolutely denies that staff are encouraged or allowed to permit patrons to gamble while intoxicated," he said.
O'Neill said ambulances were regularly called to Crown and he denied claims that responsible gaming codes were being ignored.
At the time of press more media outlets are starting to go public saying there are flaws in the "research" and that Crown Casino haters are trying to create media beat-ups.
Crown Casino is understood to be considering some reality TV concepts and also is pursuing more national and international top line acts to add to its overall entertainment experience, as the famous Aussie casino wars continue with its main competitor being the embattled Tabcorp, owner - operator of Sydney's Star City, who are spending roughly 1 million dollars to try to play catch up to Crown - eventually wanting to become #1. Good luck Tabcorp, you will need it in spades.
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Wrap Up...
Readers... er, punters, how did you like our report? Is Crown Casino good or evil? Tell us in the forum.
If you have a bet, please bet with your head, not over it, and for God's sake, have fun.
*Greg Tingle is a special contributor for Gambling911
*Media Man http://www.mediamanint.com is primarily a media, publicity and internet portal development company. They cover a dozen industry sectors including gaming and offer political commentary and analysis.
*The writer owns shares in Crown Limited
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Crown Casino, Australia's leading land based casino and prize jewel of gambling and media tycoon James Packer, is publicly fighting back against a number of serious allegations being thrown at them. Media Man and Gambling911 play devil's advocate as we bring you this special report on the cafe and pub talk about Crown...
In the past year or so most of the media reports on James Packer owned Crown Casino have been balanced, with a number of even positive reports, but now a new batch of negative stories, allegations and even a spot of "attack journalism" is starting to read its ugly head again.
Casino Casino bosses are not happy in the least about a bush tucker bag of allegations being leveled at their gambling and entertainment premises.
One of the more gross allegations is that Crown was accused of letting desperate gamblers urinate at machines during 24-hour pokie marathon sessions!
Other leaks say Crown throws fights into the street and tries to cover up crimes and other unwanted attention.
The hard hitting allegations are found in a report based on interviews with 225 current and former Crown casino staff who spoke out about their impressions of the level of violence, problem gambling and alcohol abuse inside Australia's biggest gambling venue.
A number of Australian media and gambling commentators believe the reports may have been geared to generate negative results for the casino, and that a large number of former staff and disgruntled current staff may have been tricked into focusing on negatives, and that somehow the Uni compiled report was designed to make Crown Limited look bad.
The so call "study" was conducted by Deakin University researchers, sphere headed by Associate Prof Linda Hancock. Liquor, Hospitality and Miscellaneous Workers Union staff agreed to participate in the industry-wide research.
The most disgusting allegation was that some one armed bandit players stood by the same pokies for up to 24 hours, with one respondent saying they "sit there and just wee, go to the toilet at the machine"
Crown Casino advises that allegation is not true.
Some staff also allege that Crown Casino is:
Permits patrons to gamble when drunk, even though it is against the law in Victoria
Calling taxis RSL cabs, Silver Service etc) for injured patrons and staff to avoid an ambulance incident report.
Permitting punters to stay on pokies for 24 hours plus marathon sessions or more.
Forcing drunks onto the street.
Covering up up 20 to 30 brawls per evening, with up to 40 punters a night being escorted out onto the street. This is mostly due to fighting, and sometimes patrons used knives and bottles.
Dr Hancock states her research showed a "systematic breakdown between Crown, government and regulators who don't enforce codes of practice".
The report that some say is bias, was rigged, and not accurate, also demonstrates poor awareness among staff of problem gambling, with half of those interviewed saying they wouldn't intervene if a gambler was in a distressed state.
A media spokesperson at Media Man said "The results of the report are not a total surprise. It's well known that there is an agenda from certain parts of the educational and political sector to get negative press on Crown Casino. Whispers are that the report was focusing on negatives and that they interviewed people who were not happy at Crown and has an axe to grind. They have used this report to try to create a media beat up, and also trying to generate attack journalism. University reports are often used to try to give certain agendas more credibility Do not believe everything you read, including from University reports. We know Crown Casino to do an excellent job of dealing with problems and are a very responsible employer. The report smells of a rat".
Crown casino spokesman Gary O'Neill said the comments in the report were all false and did not deserve to be described as "research: (a term also used to describe Japanese whaling).
"Crown absolutely denies that staff are encouraged or allowed to permit patrons to gamble while intoxicated," he said.
O'Neill said ambulances were regularly called to Crown and he denied claims that responsible gaming codes were being ignored.
At the time of press more media outlets are starting to go public saying there are flaws in the "research" and that Crown Casino haters are trying to create media beat-ups.
Crown Casino is understood to be considering some reality TV concepts and also is pursuing more national and international top line acts to add to its overall entertainment experience, as the famous Aussie casino wars continue with its main competitor being the embattled Tabcorp, owner - operator of Sydney's Star City, who are spending roughly 1 million dollars to try to play catch up to Crown - eventually wanting to become #1. Good luck Tabcorp, you will need it in spades.
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Wrap Up...
Readers... er, punters, how did you like our report? Is Crown Casino good or evil? Tell us in the forum.
If you have a bet, please bet with your head, not over it, and for God's sake, have fun.
*Greg Tingle is a special contributor for Gambling911
*Media Man http://www.mediamanint.com is primarily a media, publicity and internet portal development company. They cover a dozen industry sectors including gaming and offer political commentary and analysis.
*The writer owns shares in Crown Limited
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Thursday, November 18, 2010
James Packer And Shane Warne Casino Deal, by Greg Tingle - 18th November 2010
What sort of business deals might an Aussie cricket legend and Australian casino king James Packer get up to? How about a Warnie branded poker room, and opening a bar or two, and plenty more win - wins in the works say those in the know. Warnie and Packer have also taken a liking to Tiger Woods, and some more good business is understood to be on the horizon for the daily double, soon to become a trio. Media Man and Gambling911 take a swing with the bats and balls and sink a cold one with this special report...
Shane Warne Expands Business Empire...
Aussie cricket living legend Shane Warne is further expanding his business.
He's the face of a poker brand, might have a poker room named after him, has a hair care endorsement, a venue music deal with Media Man mate Kym Illman, and now word leaks of both a Warnie talk show coming up on Network Nine, and perhaps a drinking bar - watering hole at Crown too. What a party animal, (with brains, and friends in all of the right places).
The champion spinner is coming back from more business deals offered to him from good mate and self appointed mentor, James Packer. Get this, the Crown Casino rooftop bar might also offer cigars and be smoker friendly, but details are a tad sketchy at the moment.
Warne was happy to confirm he and Packer were looking at a joint venture deal but wasn't able to, or willing, to discuss details at this stage of the game.
"Myself and James Packer are going into business and doing something at Crown," he said. "There might be something happening at Crown in the next 12 months."
Quizzed if it would be on the rooftop, cheeky Warne replied with "It should be very good views."
Both Packer and Warnie are smokers and the former cricketer is known to enjoy a good cigar. Warnie new mate, golfer, Tiger Woods, is understood to be keen to spend more time with the spinner, but if he will brave the night air and a ciggy on the roof at Crown Casino is unclear.
A Crown spokesperson yesterday said Crown had "no comment on this matter at this stage".
Warne is also strongly rumoured to have a hamburger business deal in the worlds. We got a report he was seen eating a McDonald's burger, that might have been branded as his own. How hot or not the burger might be is the talk of cafes and bars in Melbourne. On the burger he's understood to have said "I don't do spicy stuff. Too many years in India."
He also said he had no problem endorsing Maccas, noting they offered many healthy options.
"We did a bit of due diligence on McDonalds," he said.
Warne event went as far to say his three kids don't mind a bit of Maccas.
"Once a week I say, 'What would you like to have?' ... eight out of 10 times, it's McDonald's."
Shane Warne Talk Show; May Mention Poker, Gambling...
It's going to be called Warne’s World, the chat show is scheduled to air on Thursdays at 9.30pm once the Ashes series kicks off next month. "We’ve secured two or three big-name guests at this stage so things are going well," Warne said. The hunt is on for potential co-hosts. It will also feature a slew of international mates. A production source said, "Warnie knows so many people – there are many closet cricket fans out there – so we’re expecting anyone who’s in town, whether it be a superstar singer or a Hollywood actor, to be called on by Shane." Maybe it possibly work as a summer cricketing counterpart to The Footy Show? Warne also recently appeared Top Gear Australia, the show he was heavily rumoured to be hosting, but the host gig didn't come off, of course. Warne's World sounds like a better fit for the former spinner.
Warnie Mate Tiger Woods Also Likes His Twitter...
Tiger Woods is now on Twitter. In his first tweet , the world's former No.1 golfer said, "What’s up everyone. Finally decided to try out twitter!" In a second tweet, TigerWoods said, "Yep, it’s me. I think I like this twitter thing. You guys are awesome. Thanks for all the love." Woods' public image has taken a beating since last November, when a car accident outside his Florida home triggered reports of numerous extramarital affairs. Woods and ex-wife Elin Nordegren finalised their divorce in August. Woods has also struggled on the golf course in 2010, failing to win a tournament for the first time in his professional career. He lost the world No.1 ranking to Lee Westwood on October 31. Woods, currently "down under" in Australia, is understood to have a chance of winning the Australian Masters, and insiders reckon his time with Aussie cricket legend and lady lover, Shane Warne, are helping the Tiger mindset. At the Masters - Crown Casino press conference their similar nocturnal habits were brought up, which got a smile and laugh from the "dream team". Granted, with the ladies or the press, Tiger is no Shane Warne, but he doesn't need to be. Go get 'em Tiger.
Warnie Did Not Have Facelift; Hair Treatment Works!...
Warne has denied having plastic surgery after a spat of rumours and innuendo about his appearance. The famous cricketer was finally forced to use his Twitter account to set the record straight after a picture of him at an event in Melbourne sparked a whirl of speculation. "No have not had facelift or any work done to face, training hard and lost 5kg. Yes have had teeth whitened," he tweeted. He later added: "NO have not had hair transplant, have re-grown my own hair with laser therapy!! It works and happy with results!!"
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Readers... er, punters, how did you like our report? How's things looking for a Packer - Warnie, and maybe Tiger Woods deal? Tell us in the forum.
If you have a bet, please bet with your head, not over it, and for God's sake, have fun.
*Greg Tingle is a special contributor for Gambling911
*Media Man http://www.mediamanint.com is primarily a media, publicity and internet portal development company. They cover a dozen industry sectors including gaming and offer political commentary and analysis.
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What sort of business deals might an Aussie cricket legend and Australian casino king James Packer get up to? How about a Warnie branded poker room, and opening a bar or two, and plenty more win - wins in the works say those in the know. Warnie and Packer have also taken a liking to Tiger Woods, and some more good business is understood to be on the horizon for the daily double, soon to become a trio. Media Man and Gambling911 take a swing with the bats and balls and sink a cold one with this special report...
Shane Warne Expands Business Empire...
Aussie cricket living legend Shane Warne is further expanding his business.
He's the face of a poker brand, might have a poker room named after him, has a hair care endorsement, a venue music deal with Media Man mate Kym Illman, and now word leaks of both a Warnie talk show coming up on Network Nine, and perhaps a drinking bar - watering hole at Crown too. What a party animal, (with brains, and friends in all of the right places).
The champion spinner is coming back from more business deals offered to him from good mate and self appointed mentor, James Packer. Get this, the Crown Casino rooftop bar might also offer cigars and be smoker friendly, but details are a tad sketchy at the moment.
Warne was happy to confirm he and Packer were looking at a joint venture deal but wasn't able to, or willing, to discuss details at this stage of the game.
"Myself and James Packer are going into business and doing something at Crown," he said. "There might be something happening at Crown in the next 12 months."
Quizzed if it would be on the rooftop, cheeky Warne replied with "It should be very good views."
Both Packer and Warnie are smokers and the former cricketer is known to enjoy a good cigar. Warnie new mate, golfer, Tiger Woods, is understood to be keen to spend more time with the spinner, but if he will brave the night air and a ciggy on the roof at Crown Casino is unclear.
A Crown spokesperson yesterday said Crown had "no comment on this matter at this stage".
Warne is also strongly rumoured to have a hamburger business deal in the worlds. We got a report he was seen eating a McDonald's burger, that might have been branded as his own. How hot or not the burger might be is the talk of cafes and bars in Melbourne. On the burger he's understood to have said "I don't do spicy stuff. Too many years in India."
He also said he had no problem endorsing Maccas, noting they offered many healthy options.
"We did a bit of due diligence on McDonalds," he said.
Warne event went as far to say his three kids don't mind a bit of Maccas.
"Once a week I say, 'What would you like to have?' ... eight out of 10 times, it's McDonald's."
Shane Warne Talk Show; May Mention Poker, Gambling...
It's going to be called Warne’s World, the chat show is scheduled to air on Thursdays at 9.30pm once the Ashes series kicks off next month. "We’ve secured two or three big-name guests at this stage so things are going well," Warne said. The hunt is on for potential co-hosts. It will also feature a slew of international mates. A production source said, "Warnie knows so many people – there are many closet cricket fans out there – so we’re expecting anyone who’s in town, whether it be a superstar singer or a Hollywood actor, to be called on by Shane." Maybe it possibly work as a summer cricketing counterpart to The Footy Show? Warne also recently appeared Top Gear Australia, the show he was heavily rumoured to be hosting, but the host gig didn't come off, of course. Warne's World sounds like a better fit for the former spinner.
Warnie Mate Tiger Woods Also Likes His Twitter...
Tiger Woods is now on Twitter. In his first tweet , the world's former No.1 golfer said, "What’s up everyone. Finally decided to try out twitter!" In a second tweet, TigerWoods said, "Yep, it’s me. I think I like this twitter thing. You guys are awesome. Thanks for all the love." Woods' public image has taken a beating since last November, when a car accident outside his Florida home triggered reports of numerous extramarital affairs. Woods and ex-wife Elin Nordegren finalised their divorce in August. Woods has also struggled on the golf course in 2010, failing to win a tournament for the first time in his professional career. He lost the world No.1 ranking to Lee Westwood on October 31. Woods, currently "down under" in Australia, is understood to have a chance of winning the Australian Masters, and insiders reckon his time with Aussie cricket legend and lady lover, Shane Warne, are helping the Tiger mindset. At the Masters - Crown Casino press conference their similar nocturnal habits were brought up, which got a smile and laugh from the "dream team". Granted, with the ladies or the press, Tiger is no Shane Warne, but he doesn't need to be. Go get 'em Tiger.
Warnie Did Not Have Facelift; Hair Treatment Works!...
Warne has denied having plastic surgery after a spat of rumours and innuendo about his appearance. The famous cricketer was finally forced to use his Twitter account to set the record straight after a picture of him at an event in Melbourne sparked a whirl of speculation. "No have not had facelift or any work done to face, training hard and lost 5kg. Yes have had teeth whitened," he tweeted. He later added: "NO have not had hair transplant, have re-grown my own hair with laser therapy!! It works and happy with results!!"
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Wrap Up...
Readers... er, punters, how did you like our report? How's things looking for a Packer - Warnie, and maybe Tiger Woods deal? Tell us in the forum.
If you have a bet, please bet with your head, not over it, and for God's sake, have fun.
*Greg Tingle is a special contributor for Gambling911
*Media Man http://www.mediamanint.com is primarily a media, publicity and internet portal development company. They cover a dozen industry sectors including gaming and offer political commentary and analysis.
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Friday, November 12, 2010
Australian Gambling And Entertainment News, by Greg Tingle - 12th November 2010
Punters, entertainment and celebrity news junkies, casino and media millionaires and billionaires, and one and all. Another huge news update for you. Media Man and Gambling911 continue to satisfy your habit for the best gambling and entertainment news available anywhere...
Aussie Mark Webber Will Not Quit F1 Win Or Lose...
Mark Webber has squashed small talk he will quit Formula One if he wins or loses the world championship this Sunday. Webber, 34, is under a1 year contract with the mighty Red Bull and says he plans to race on in 2011 and beyond. "Yes, pretty much I'm taking on a year by year basis," Webber said. Webber strongly hinted he was looking forward to another stoush with young German teammate Sebastian Vettel, as well as proving he still had the speed to match it with the best. "The youngsters' eyes are really big when they arrive but I've been so proud of what I've done this year. "I'm not an old guy but to take Fernando (Alonso) and Lewis (Hamilton) and Seb on week-in week-out I feel proud I've been able to do that. "I've had to lift the bar up and I think next year I can still drive very well. "Timing is very important. To drive at 85-90% in this category - forget it, you need to be on top of your game." Webber advised he was confident Red Bull had not committed all their resources to this year's car and would again be competitive in 2011. "Time will tell but we've had a lot of god cars in the last two years," he said. "Last year was very, very taxing for us but the team responded for this year really well and produced another cracker. "Next year we'll find out in the next few races. There are a lot of big new changes and the pedal's going in one direction for this team. Much has been said of the tactics Red Bull will adopt in this season-ending race, but Webber said it was "too hard to call" whether Vettel should help him if in position to do so. "I think it is a question for Seb. What he does is going to be very dependent on how the race unfolds and there are so many scenarios that can happen," Webber said. "I can win this championship by finishing fifth and I can lose it by winning it (if Fernando Alonso finishes second). "Let's just see how things evolve. It actually is very, very tough to make a call at the moment and we know the team's position. "The team's position is that the gloves are off between Sebastian and I. They want us to race, which we've done all year." Webber will take an eight-point deficit into the race, trailing Alonso's Ferrari after the Spaniard took over the running when Webber spun out in Korea recently.
ACMA Rules Against Gambling Adverts On Network Nine And Ten...
Network Nine and Ten have both been found to have breached their license for running interactive gambling advertisements. The Australian Communications and Media Authority found that both networks ran several promotions for PokerStars.net, an interactive gambling service which contravenes the Interactive Gambling Act 2001 (IGA). .net means that it was a play for free websites "These are the ACMA’s first investigations into advertisements prohibited under the Interactive Gambling Act," said ACMA Chairman, Chris Chapman, "All providers of television, radio and datacasting services need to ensure sure they are fully aware of and comply with their obligations under the IGA.” Network Nine ran ads for PokerStars during its Wimbledon broadcast in July 2009 while TEN ran similar ads in November 2009 in conjunction with its reality series on ONE, The Poker Star. ACMA says these are the first investigations relating to the broadcast of prohibited advertisements under the IGA. Both networks have agreed to measures intended to increase awareness of the IGA, with staff training, education and periodic reports to ACMA.
Centrebet Plans To Double Market Share...
Centrebet's 2011 financial year profit would be halved, but this news comes as the online wagering group unveiled a five-year strategic plan aimed at doubling its market share. Dubbed the "Rocket Plan", Centrebet has earmarked "tens of millions of dollars" to be invested in the five-year plan, which it is betting on to boost future profits and double its share of the Australian corporate bookmaker market to 20 per cent by the 2015 financial year. But management warned that its 2011 financial year profit would take a hit as a result of that investment and its net profit after tax would now be about $8 million, compared with $16m under a business as usual scenario. "The strategic plan is aiming to provide a step change in growth and a significant and substantial increase in earnings," Centrebet managing director and majority shareholder Con Kafataris advised.
Tabcorp Keen On Cloud Computing...
Tabcorp has harnessed the Cloud and iPads to help it address the massive increase in demand on Tabcorp's IT systems surged by the Spring Racing Carnival and the Melbourne Cup. Tabcorp's wagering division CIO, Kim Wenn, advised multiple load tests needed to be done to ensure Tabcorp’s IT systems could handle the huge influx of bets generated throughout the nearly three month long racing season. "Tabcorp’s preparations for the 2010 Spring Racing Carnival ensured we were ready for the significantly increased load,” she said. “As a guide, a typical Saturday sees our infrastructure usage at about 9 per cent of the load we see on Cup day. Our systems have to work a lot harder on the big days.” Combined with this increased load was Tabcorp’s introduction of iPad’s on the racetrack, a new iPhone app and live betting used for the first time during the racing season that stops the nation. “Tabcorp aims to be at the forefront of wagering technology,” Wenn said. “We introduced the TAB iPhone Betting App in time for the Spring Racing Carnival and more than 100,000 Australians have now downloaded it. “Tabcorp’s focus at the future is to continue to be at the forefront of wagering technology,” she said. “We are exploring new ways to allow our customers to transact with us such as Android technology, T-box and IP-TV.” In October, Tabcorp managing director and chief executive, Elmer Funke Kupper, flagged mobile and online gambling as a major source of future profitability.
Sky Falling On SkyCity In New Zealand...
Shares in casino operator SkyCity fell 3c early to 319 in trading on the New Zealand stock exchange, after the company said it had been unsuccessful in moves to buy the 50 per cent of Christchurch Casino it does not own. SkyCity said it had advised Skyline Enterprises of a cash offer it was willing to make, but Skyline had rejected the approach.
Call of Duty: Black Ops #360m First Day...
Video game Call of Duty: Black Ops has destroyed entertainment records by raking in $US360 million in its first 24 hours on sale. The result is a dramatic and lucrative indication that games have cemented their place on a par with movies, books and music. Activision Blizzard sold 5.6 million units the day Call of Duty went on sale, according to the company. Its predecessor, Call of Duty, Modern Warfare 2, sold 4.7 million copies in 24 hours to reap $US310 million on its first day of sale last year and it made $US550 million within a week. “Not too many years back it would have been unfathomable that the biggest entertainment launch would be a video game two years in a row,” said Eric Hirshberg, CEO of Activision Publishing. No longer. Today, such games as Call of Duty, Grand Theft Auto and Halo all fit into the blockbuster category, and with each sequel they only get bigger. Production budgets for these games rival those of big-screen movies, as does the marketing push behind them. “You are delivering not just a gaming experience but a cinematic experience as well,” Hirshberg said. “The characters are emerging as the protagonists of the story.” The video game audience has expanded considerably in the last five years, reaching women, young children and even senior centres. But the people who flock to Call of Duty and other shooters are still primarily young men, just not as young as some would think. The average US game player is 34 years old, according to the Entertainment Software Association. Black Ops went on sale on Tuesday in North America and Britain for $US60, and works on the Xbox 360 and PlayStation 3 gaming consoles. Across two years, with a budget well in the tens of millions of dollars, the developers of Black Ops created a world that immerses players in Cold War-era battles with settings ranging from 1960s Cuba to Vietnam and the Soviet Union. Its intricate graphics and details - down to the gruesome sound a knife makes when pulled from an enemy's neck - are amplified in players' homes through big-screen TV sets and powerful speakers. In one mission, which takes place with John F. Kennedy in the White House before the 1961 Bay of Pigs invasion and the 1962 Cuban Missile Crisis, players must shoot their way through Havana to assassinate a young Fidel Castro. Cuba state-run media has levelled harsh criticism at the game, calling it “doubly perverse” by glorifying assassination and stimulating “sociopathic attitudes in North American children and adolescents.” “What the United States couldn't accomplish in more than 50 years, they are now trying to do virtually,” said an article on Cubadebate, a state-run news website. A big part of the appeal of Call of Duty is its multiplayer feature, meaning gamers can fight against someone across the country or on the other side of the world. The game is rated M for mature - meaning it's not meant for kids under 17. It's bloody, to be sure, but new media professor Charles Palmer says that's not the main appeal. “It's the challenge,” said Palmer, who teaches at the Harrisburg University of Science and Technology. “It's one of those areas that thrills and excites people.” Sports games, such as Madden, from Electronic Arts, are also popular, as are music simulators such as Guitar Hero. But shooters in the style of Call of Duty continue to be the most popular. “There is a DNA-level curiosity about and attraction to battle,” Hirshberg said. “That has been a staple of the entertainment industry - movies, television, books and fiction - forever. And the same is true for video games. Call of Duty has delivered perhaps the gold standard experience of battle.”
Aussie Tony Hachem Wins Player Of The Year...
Tony Hachem has scored a second consecutive victory as Player of the Year in the premier local event, the poker tour designed to reward ongoing strong performances, the PokerStars.net Australian New Zealand Poker Tour.
Gambling And Selling Arms: Not Cardinal Sins...
Gambling is not so bad says Australia's most senior Catholic cleric. Don't get him started on selling arms and smoking!
We kind of like this guy already.
Pell spoke at a an ethics in business lunch hosted by Notre Dame University, Cardinal George Pell hinting it might be hypocritical for the Catholic Church to totally condemn gambling, since poker machines are such a prominent attraction in New South Wales Catholic clubs.
"I must confess I do feel a bit uneasy about that, but only a bit uneasy," he admitted. "Because culturally I'm an Irish Australian and we grew up gambling."
Gambling in itself was not intrinsically wrong, he said. Only when it became an addiction, threatening the well-being of oneself and one's family, did it become a sin.
Warming to the forum's theme "God and Mammon: need or greed in the big end of town", Cardinal Pell said as far as the ethics of selling tobacco went, supplying the drug to adults who were aware of the risks and still chose to smoke was nothing to rush to the confessional sin box about. And when probed about the ethics of selling arms, he hypothesised that global military contractors may in fact be acting on a moral imperative.
"I think you can produce arms morally...You might say in some cases it is necessary. We are a peaceful country. If we were unarmed that would be an enticement to evil people. The best way to stay as we are is to be strong and effectively armed so I think you could make the case," he said.
Another question re Telstra's $10 million-a-year chief executive caught involved a comparison of his nice-guy reputation to that of his predecessor, Sol Trujillo, and its possible relationship to Telstra's all-time low of $2.58 a share. So can nice guys succeed in business?
"It's not about being nice or not nice," said Thodey, with a passing reference to the latest round of Telstra redundancies. "It's about doing things in an ethical and considerate way … in the best interests of our shareholders - which of course include customers and employees."
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Wrap Up...
Readers... er, punters, how did you like our report? Is having a punt a sin? Tell us in the forum.
If you have a bet, please bet with your head, not over it, and for God's sake, have fun.
*Greg Tingle is a special contributor for Gambling911
*Media Man http://www.mediamanint.com is primarily a media, publicity and internet portal development company. They cover a dozen industry sectors including gaming and offer political commentary and analysis.
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Punters, entertainment and celebrity news junkies, casino and media millionaires and billionaires, and one and all. Another huge news update for you. Media Man and Gambling911 continue to satisfy your habit for the best gambling and entertainment news available anywhere...
Aussie Mark Webber Will Not Quit F1 Win Or Lose...
Mark Webber has squashed small talk he will quit Formula One if he wins or loses the world championship this Sunday. Webber, 34, is under a1 year contract with the mighty Red Bull and says he plans to race on in 2011 and beyond. "Yes, pretty much I'm taking on a year by year basis," Webber said. Webber strongly hinted he was looking forward to another stoush with young German teammate Sebastian Vettel, as well as proving he still had the speed to match it with the best. "The youngsters' eyes are really big when they arrive but I've been so proud of what I've done this year. "I'm not an old guy but to take Fernando (Alonso) and Lewis (Hamilton) and Seb on week-in week-out I feel proud I've been able to do that. "I've had to lift the bar up and I think next year I can still drive very well. "Timing is very important. To drive at 85-90% in this category - forget it, you need to be on top of your game." Webber advised he was confident Red Bull had not committed all their resources to this year's car and would again be competitive in 2011. "Time will tell but we've had a lot of god cars in the last two years," he said. "Last year was very, very taxing for us but the team responded for this year really well and produced another cracker. "Next year we'll find out in the next few races. There are a lot of big new changes and the pedal's going in one direction for this team. Much has been said of the tactics Red Bull will adopt in this season-ending race, but Webber said it was "too hard to call" whether Vettel should help him if in position to do so. "I think it is a question for Seb. What he does is going to be very dependent on how the race unfolds and there are so many scenarios that can happen," Webber said. "I can win this championship by finishing fifth and I can lose it by winning it (if Fernando Alonso finishes second). "Let's just see how things evolve. It actually is very, very tough to make a call at the moment and we know the team's position. "The team's position is that the gloves are off between Sebastian and I. They want us to race, which we've done all year." Webber will take an eight-point deficit into the race, trailing Alonso's Ferrari after the Spaniard took over the running when Webber spun out in Korea recently.
ACMA Rules Against Gambling Adverts On Network Nine And Ten...
Network Nine and Ten have both been found to have breached their license for running interactive gambling advertisements. The Australian Communications and Media Authority found that both networks ran several promotions for PokerStars.net, an interactive gambling service which contravenes the Interactive Gambling Act 2001 (IGA). .net means that it was a play for free websites "These are the ACMA’s first investigations into advertisements prohibited under the Interactive Gambling Act," said ACMA Chairman, Chris Chapman, "All providers of television, radio and datacasting services need to ensure sure they are fully aware of and comply with their obligations under the IGA.” Network Nine ran ads for PokerStars during its Wimbledon broadcast in July 2009 while TEN ran similar ads in November 2009 in conjunction with its reality series on ONE, The Poker Star. ACMA says these are the first investigations relating to the broadcast of prohibited advertisements under the IGA. Both networks have agreed to measures intended to increase awareness of the IGA, with staff training, education and periodic reports to ACMA.
Centrebet Plans To Double Market Share...
Centrebet's 2011 financial year profit would be halved, but this news comes as the online wagering group unveiled a five-year strategic plan aimed at doubling its market share. Dubbed the "Rocket Plan", Centrebet has earmarked "tens of millions of dollars" to be invested in the five-year plan, which it is betting on to boost future profits and double its share of the Australian corporate bookmaker market to 20 per cent by the 2015 financial year. But management warned that its 2011 financial year profit would take a hit as a result of that investment and its net profit after tax would now be about $8 million, compared with $16m under a business as usual scenario. "The strategic plan is aiming to provide a step change in growth and a significant and substantial increase in earnings," Centrebet managing director and majority shareholder Con Kafataris advised.
Tabcorp Keen On Cloud Computing...
Tabcorp has harnessed the Cloud and iPads to help it address the massive increase in demand on Tabcorp's IT systems surged by the Spring Racing Carnival and the Melbourne Cup. Tabcorp's wagering division CIO, Kim Wenn, advised multiple load tests needed to be done to ensure Tabcorp’s IT systems could handle the huge influx of bets generated throughout the nearly three month long racing season. "Tabcorp’s preparations for the 2010 Spring Racing Carnival ensured we were ready for the significantly increased load,” she said. “As a guide, a typical Saturday sees our infrastructure usage at about 9 per cent of the load we see on Cup day. Our systems have to work a lot harder on the big days.” Combined with this increased load was Tabcorp’s introduction of iPad’s on the racetrack, a new iPhone app and live betting used for the first time during the racing season that stops the nation. “Tabcorp aims to be at the forefront of wagering technology,” Wenn said. “We introduced the TAB iPhone Betting App in time for the Spring Racing Carnival and more than 100,000 Australians have now downloaded it. “Tabcorp’s focus at the future is to continue to be at the forefront of wagering technology,” she said. “We are exploring new ways to allow our customers to transact with us such as Android technology, T-box and IP-TV.” In October, Tabcorp managing director and chief executive, Elmer Funke Kupper, flagged mobile and online gambling as a major source of future profitability.
Sky Falling On SkyCity In New Zealand...
Shares in casino operator SkyCity fell 3c early to 319 in trading on the New Zealand stock exchange, after the company said it had been unsuccessful in moves to buy the 50 per cent of Christchurch Casino it does not own. SkyCity said it had advised Skyline Enterprises of a cash offer it was willing to make, but Skyline had rejected the approach.
Call of Duty: Black Ops #360m First Day...
Video game Call of Duty: Black Ops has destroyed entertainment records by raking in $US360 million in its first 24 hours on sale. The result is a dramatic and lucrative indication that games have cemented their place on a par with movies, books and music. Activision Blizzard sold 5.6 million units the day Call of Duty went on sale, according to the company. Its predecessor, Call of Duty, Modern Warfare 2, sold 4.7 million copies in 24 hours to reap $US310 million on its first day of sale last year and it made $US550 million within a week. “Not too many years back it would have been unfathomable that the biggest entertainment launch would be a video game two years in a row,” said Eric Hirshberg, CEO of Activision Publishing. No longer. Today, such games as Call of Duty, Grand Theft Auto and Halo all fit into the blockbuster category, and with each sequel they only get bigger. Production budgets for these games rival those of big-screen movies, as does the marketing push behind them. “You are delivering not just a gaming experience but a cinematic experience as well,” Hirshberg said. “The characters are emerging as the protagonists of the story.” The video game audience has expanded considerably in the last five years, reaching women, young children and even senior centres. But the people who flock to Call of Duty and other shooters are still primarily young men, just not as young as some would think. The average US game player is 34 years old, according to the Entertainment Software Association. Black Ops went on sale on Tuesday in North America and Britain for $US60, and works on the Xbox 360 and PlayStation 3 gaming consoles. Across two years, with a budget well in the tens of millions of dollars, the developers of Black Ops created a world that immerses players in Cold War-era battles with settings ranging from 1960s Cuba to Vietnam and the Soviet Union. Its intricate graphics and details - down to the gruesome sound a knife makes when pulled from an enemy's neck - are amplified in players' homes through big-screen TV sets and powerful speakers. In one mission, which takes place with John F. Kennedy in the White House before the 1961 Bay of Pigs invasion and the 1962 Cuban Missile Crisis, players must shoot their way through Havana to assassinate a young Fidel Castro. Cuba state-run media has levelled harsh criticism at the game, calling it “doubly perverse” by glorifying assassination and stimulating “sociopathic attitudes in North American children and adolescents.” “What the United States couldn't accomplish in more than 50 years, they are now trying to do virtually,” said an article on Cubadebate, a state-run news website. A big part of the appeal of Call of Duty is its multiplayer feature, meaning gamers can fight against someone across the country or on the other side of the world. The game is rated M for mature - meaning it's not meant for kids under 17. It's bloody, to be sure, but new media professor Charles Palmer says that's not the main appeal. “It's the challenge,” said Palmer, who teaches at the Harrisburg University of Science and Technology. “It's one of those areas that thrills and excites people.” Sports games, such as Madden, from Electronic Arts, are also popular, as are music simulators such as Guitar Hero. But shooters in the style of Call of Duty continue to be the most popular. “There is a DNA-level curiosity about and attraction to battle,” Hirshberg said. “That has been a staple of the entertainment industry - movies, television, books and fiction - forever. And the same is true for video games. Call of Duty has delivered perhaps the gold standard experience of battle.”
Aussie Tony Hachem Wins Player Of The Year...
Tony Hachem has scored a second consecutive victory as Player of the Year in the premier local event, the poker tour designed to reward ongoing strong performances, the PokerStars.net Australian New Zealand Poker Tour.
Gambling And Selling Arms: Not Cardinal Sins...
Gambling is not so bad says Australia's most senior Catholic cleric. Don't get him started on selling arms and smoking!
We kind of like this guy already.
Pell spoke at a an ethics in business lunch hosted by Notre Dame University, Cardinal George Pell hinting it might be hypocritical for the Catholic Church to totally condemn gambling, since poker machines are such a prominent attraction in New South Wales Catholic clubs.
"I must confess I do feel a bit uneasy about that, but only a bit uneasy," he admitted. "Because culturally I'm an Irish Australian and we grew up gambling."
Gambling in itself was not intrinsically wrong, he said. Only when it became an addiction, threatening the well-being of oneself and one's family, did it become a sin.
Warming to the forum's theme "God and Mammon: need or greed in the big end of town", Cardinal Pell said as far as the ethics of selling tobacco went, supplying the drug to adults who were aware of the risks and still chose to smoke was nothing to rush to the confessional sin box about. And when probed about the ethics of selling arms, he hypothesised that global military contractors may in fact be acting on a moral imperative.
"I think you can produce arms morally...You might say in some cases it is necessary. We are a peaceful country. If we were unarmed that would be an enticement to evil people. The best way to stay as we are is to be strong and effectively armed so I think you could make the case," he said.
Another question re Telstra's $10 million-a-year chief executive caught involved a comparison of his nice-guy reputation to that of his predecessor, Sol Trujillo, and its possible relationship to Telstra's all-time low of $2.58 a share. So can nice guys succeed in business?
"It's not about being nice or not nice," said Thodey, with a passing reference to the latest round of Telstra redundancies. "It's about doing things in an ethical and considerate way … in the best interests of our shareholders - which of course include customers and employees."
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Wrap Up...
Readers... er, punters, how did you like our report? Is having a punt a sin? Tell us in the forum.
If you have a bet, please bet with your head, not over it, and for God's sake, have fun.
*Greg Tingle is a special contributor for Gambling911
*Media Man http://www.mediamanint.com is primarily a media, publicity and internet portal development company. They cover a dozen industry sectors including gaming and offer political commentary and analysis.
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