Australia's Hidden World Of Internet Gambling, by Greg Tingle - 26th April 2011
Like most countries, Australia has an underbelly or underground of various industries, be it security, sex, tourism, drugs and you guessed it - gambling. While most of Australia's casino, poker and other gambling sub sectors are out in the open, some are not we learn. Media Man and Gambling911 dig beneath the underbelly of the Australian gambling sector and uncover some interesting facts...
Down Under Gambling's Secret Millionaires...
Some are Australia's secret millionaires and some are anything but, but they both love the punt... often via online poker. They have ups and downs. Many players make a full time living out of it, while others job hop, visit Centrelink for their fortnight welfare payment, and keep their poker dream alive. Once in a while some win the big one or even get lucky on online slots. The smart ones stick with games of skill, where there's not so much "luck" involved.
For many young Australian entrepreneurs normal jobs are out of the question, and turn to the web in search of something better and riches, and a growing number have found online poker and website portal creation as a way to rise up and express their entrepreneurial spirit and enjoy playing, even creating, games for financial reward.
They "work" pretty much when they like, make money sometimes tax free, party with mates when they choose, hang out in internet cafes, and you get the idea.
Banana Bender land in Queensland, as well as a growing number of young guys in 'Sin City' Sydney is where most of the gurus call home.
Up in Northern Queensland, Townsville to be precise, there's a talented online poker player... lets call him Dominic. He's ranked second in Queensland, according to poker tracking website Pocket Fives. He's played full-time since 2007, bringing in thousands via tournaments that sometimes only last half a working day.
He trained as a teacher, got a psychology degree and then discovered online poker. Coombe knew full time poker was the way to go after winning a $40,000 jackpot during a seven-hour online tournament. His biggest win has been $101,000.
"With poker, I started winning small tournaments and then gradually bigger and bigger ... and the snowball just started rolling. I love the game and I love being my own boss. It's just the flexibility and not having to answer to someone else."
Many of the online poker sharks are pretty low key when it come to news media reports. Coombe won't say what his total career winnings are.
We understand that the top 10 ranked players earn up to $750,000 a year, but basically all of the players have to put in a big days work to help make sure they come out on top at the end of the week - day - month. Over 12 hours a day, 7 days a week... whatever it takes.
"For a high stakes player it's quite normal to have downswings of $50,000 or $100,000. You could have a year when you could make $200,000 and another year that's nowhere near that," Coombe said.
The Australian Tax Office said gambling winnings were only taxed if it was part of "business operations" but the definition remained unclear in the online world.
Australian online poker players have watch with keen interest last week's US indictment of the founders of the three largest websites - PokerStars, Full Tilt Poker and Absolute Poker.
The FBI charged 11 people with bank fraud, money laundering and illegal gambling and most players in the US were unable to withdraw their bankroll from websites.
Online poker comes with many grey areas in the legal area, keeping many a legal eagle employed.
A Media Man spokesperson said "I don't play online poker and have hardly ever played online slots for money. We run a media and new media company and covering the online gambling sector is just one of a dozen sectors we cover. We write articles on all matter of things and participate in a number of affiliate programs across a wide range of industries from property to mobiles, travel, as well as doing some for games. We also have ran some media and publicity campaigns and assist celebrities campaigns from time to time. We're not a gambling company or an adult company. We're a media and new media company, who cover the gaming and gambling sector from a global perspective, in addition to many other industries. It's pretty much business as usual, but also hope to expand to Canada and Italy later this year where they are not so many grey areas. The internet and online poker encourage the entrepreneurial spirit and help many people achieve their dreams and aspirations away from the grind of a normal job. The internet is one of the greatest inventions ever and online poker and casino games are perfect for the medium. It's not going away and will only grow in popularity".
U.S - Aussie Banks and Online Poker American - Sydney Sin City Web Host Connection...
Australian banks have been handling payments to overseas-based online poker sites that have been illegally taking up to a $1 billion a year in bets from local punters.
Several of the major Australian financial institutions have been used by Sydney-based payment processors to take deposits from punters on the world's biggest online poker sites, which were targeted last weekend in a US money-laundering sting.
St George Bank -- one of the institutions named by the the poker websites to use for "local bank transfers" -- said it was unaware that one of its clients, Envoy Services, was processing payments of local punters to outlawed online gaming operators PokerStars and Full Tilt Poker.
"We were not aware of their links to these online companies and will be investigating further," a St George Bank spokesman said after being shown evidence by the media.
Australian Bank Caught Up In U.S Online Poker Scandal...
The United States major crime fighting unit, the FBI smacked money-laundering, bank-fraud and gambling charges last weekend against the three huge online poker firms - PokerStars, Full Tilt Poker and Absolute Poker - after targeting US-based payment processors that had tricked banks into handling the financial transactions.
Down under in Australia federal legislation introduced in 2001 prohibits gambling sites offering poker, bingo and casino games to Australians. The websites thought to be required to include warnings to this effect, but online gambling comes with a lot of grey areas and legally untested areas. The legislation allows Australian-based firms to offer the same services to overseas-based players, at least in most cases, but again, many gray areas exist. A website can change web hosts from Australia, then to Europe, Canada, and so the list goes on. Think like Wikipedia with back ups around the world.
Last year a Productivity Commission report advised many overseas-based websites were openly flouting the law by only instructing users to check the law in their jurisdiction before using the website, and predicted that about $1bn in online bets would be snatched from Aussies last year. The commission called for the online gaming industry to be legalised so it could be regulated and taxed.
Aussie celebs such as Shane Warne, and poker celebs such as Stewart Scott, are the face of some online poker rooms, which often cross sell online casino games. Australia's have taken to the Hollywood themed online slot games from PartyGaming, which recently merged with bwin to become bwin.party digital entertainment. Even the WWE, yes, the wrestling giant, has an online poker brand, so does Hustler - the hard core men's adult magazine, and Marvel Comics themed slot games are all the rage, with Thor and The Incredible Hulk enjoying massive patronage with Australians.
Australian regulators such as the Australian Communication and Media Authority and the Australian Federal Police have not enforced the ban, despite ACMA confirming it had received 46 "valid complaints" about the websites in the 2009-10 financial year.
An ACMA spokesperson said those complaints were "still being investigated". Online gambling companies and website portal operators are known to be well lawyer ed up... you know, legal eagles in abundance to protest the nest eggs, and a massive amount of legal "grey area" remains.
It has also come to light that all three major online gaming operators targeted in the US investigation had their sites hosted by Sydney-based IP servers. Yep, 'Sin City' Sydney did it again.
The news comes as the Gillard Labor government attempts to put limits on pokies following a push by the independent MP Andrew Wilkie to reduce problem gambling. Internet Industry Association chief executive Peter Coroneos said the 2001 laws were ineffective.
Reports and rumours have surfaced in the past few weeks that the big 3 poker websites have lost a lot players but PartyPoker, PartyCasino and PKR are all up. Website portals such as Media Man have showcased some games available, in addition to rules of play, legal aspects and commentary, and so on.
A Media Man spokesperson said "How do you mandate human behavior. Many Aussies just love a punt, and that's just the way it is. When you make something illegal or hard to get, more often than not it becomes more popular. The thought police have experienced a backlash in Australia and the gambling debate has proved a major trigger point for it. If you can bet on it, most Aussies will give it a go mate. Good luck".
Punters, er readers, stay glued to Media Man reports via Gambling911 for more "can't miss" information on Australian pokies and gaming wars.
*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.
Website Network
Media Man International
Media Man News
Media Man
Media Man Australia
Media Man Canada
Media Man Games
Media Man Brand
Media Man Network
Casino News Media
Poker News Media
Global Gaming Directory
Monday, April 25, 2011
European Poker Websites Sites Boom; Australian Looking Up, by Greg Tingle - 25th April 2011
Online poker websites traffic; Shares Boom - Players Triggered By UIGEA charges
European poker websites, pretty much immune to the issues in the United States, have reported a boom in player activity following the indictment by American authorities of the owners of PokerStars, Full Tilt Poker and Absolute Poker.
American land based casino and resort tycoon Steve Wynn, a long time detractor of online casinos, had overseen a deal with PokerStars inked on approx 25th March, but only two weeks took the option to get out of the deal after PokerStars got named in what is now known in gambling circles as 'Black Friday'. Wynn's press release read:
LAS VEGAS, April 15, 2011—Wynn Resorts, Limited announced today thаt іt terminated іtѕ alliance wіth PokerStars, thе online poker company. Thе сhοісе wаѕ reached аѕ a result οf thе indictment unsealed bу thе U.S. Attorney fοr thе Southern District οf Nеw York.
Online casino websites such as bwin.party digital entertainment's PartyCasino are also understood to be up following the announcement.
Since the US Attorney's Office announced last Friday that it was pressing charges against 11 people over alleged fraud, money laundering and illegal gambling, PKR has seen a rise of around 21% in weekly traffic, while PartyPoker has risen 9%, 888Poker 5% and the iPoker network 4%. In contrast, Full Tilt dropped 48%. The data comes from our friends at Pokerscout.
Several business-savvy poker rooms have launched major promos to capitalize on the unique situation.
Shares in several British online gambling companies have soared in the last week. Bwin shares rose by 30%, 888 was up 18% and online gaming software provider Playtech saw its stocks climb by 8%.
Many media companies including Forbes, Reuters, Bloomberg, Gambling911 and EGR indicate that bwin.party digital entertainment may be the igaming company that ends up doing best out of the situation, given their recent successful merger, settlement with the US Department of Justice in April 2009, and government b2b dealings in a number of countries. Party is also looking to expand is b2b and news media deals with its World Poker Tour brand, currently broadcast in Australia on Rupert Murdoch's Fox Sports via Foxtel subscriber television.
Richard Branson's Virgin Games is watching the situation closely, however as of print Virgin Games are not available to Australians, New Zealanders or Canadians, whereas Party is.
Australian land based casino, Crown Casino in Melbourne, has accepted numerous PartyGaming - PartyPoker satellite poker players over the past few years, a trend that looks to continue. Party and NetGen Gaming are strongly rumoured to want to release a Kerry Packer, Underbelly and Andre The Giant online slot game, but have not publicly commented. Party has existing b2b deals with Marvel Entertainment, Paramount Pictures, Infinity Ward, StudioCanal, Frank Sinatra Enterprises and Edgar Rice Burroughs, so don't bet against them.
Crown Limited top brass James Packer is yet to publicly comment specifically about online casino or online poker, but he did however sign off an investment deal with online retailing giant DealsDirect.
Ellerston Capital, a fund management company owned by the Packer family's Consolidated Press Holdings, took a “minority cornerstone” investment in the online retailing site DealsDirect yesterday.
“It signals a real coming of age for online retail, with businesses like Ellerston getting into the game, it is well and truly 'game on',” said DealsDirect's co-founder Paul Greenberg.
The transaction, estimated by the Australian Financial Review to be worth $10 million, underscores the deeper embrace of online retail by the media sector and the investment community.
A Media Man spokesperson said of the Packer - Deals Direct deal "James Packer's recent investment into the online retail space shows just how keen he is on the online business. Crown Limited have an impressive portfolio of websites for their properties, however that did not do the man or company justice. Crown Casino Aussie Millions also accepts poker players from a number of online poker brands. Packer also has the 50% investment in Betfair, and rumours persist of a Crown online casino, a venture with a strong possibility of Packer mate Shane Warne getting in on the action. Packer is also keen to see more interaction between Australian television broadcasts of poker on Fox Sports and his traditional media ventures. Mr Packer famously went on recent a few years ago with 'Internet is like electricity', something this very news reports proves correct".
*The writer owns shares in Crown Limited and has conducted b2b with a number of companies cited in this article.
*Greg Tingle is a regular contributor for Gambling911
*Media Man is primarily a media, publicity and internet portal development company. They cover over a dozen different business sectors, including gaming
Website Network
Media Man International
Media Man News
Media Man
Media Man Australia
Media Man Canada
Media Man Games
Media Man Brand
Media Man Network
Casino News Media
Poker News Media
Global Gaming Directory
Online poker websites traffic; Shares Boom - Players Triggered By UIGEA charges
European poker websites, pretty much immune to the issues in the United States, have reported a boom in player activity following the indictment by American authorities of the owners of PokerStars, Full Tilt Poker and Absolute Poker.
American land based casino and resort tycoon Steve Wynn, a long time detractor of online casinos, had overseen a deal with PokerStars inked on approx 25th March, but only two weeks took the option to get out of the deal after PokerStars got named in what is now known in gambling circles as 'Black Friday'. Wynn's press release read:
LAS VEGAS, April 15, 2011—Wynn Resorts, Limited announced today thаt іt terminated іtѕ alliance wіth PokerStars, thе online poker company. Thе сhοісе wаѕ reached аѕ a result οf thе indictment unsealed bу thе U.S. Attorney fοr thе Southern District οf Nеw York.
Online casino websites such as bwin.party digital entertainment's PartyCasino are also understood to be up following the announcement.
Since the US Attorney's Office announced last Friday that it was pressing charges against 11 people over alleged fraud, money laundering and illegal gambling, PKR has seen a rise of around 21% in weekly traffic, while PartyPoker has risen 9%, 888Poker 5% and the iPoker network 4%. In contrast, Full Tilt dropped 48%. The data comes from our friends at Pokerscout.
Several business-savvy poker rooms have launched major promos to capitalize on the unique situation.
Shares in several British online gambling companies have soared in the last week. Bwin shares rose by 30%, 888 was up 18% and online gaming software provider Playtech saw its stocks climb by 8%.
Many media companies including Forbes, Reuters, Bloomberg, Gambling911 and EGR indicate that bwin.party digital entertainment may be the igaming company that ends up doing best out of the situation, given their recent successful merger, settlement with the US Department of Justice in April 2009, and government b2b dealings in a number of countries. Party is also looking to expand is b2b and news media deals with its World Poker Tour brand, currently broadcast in Australia on Rupert Murdoch's Fox Sports via Foxtel subscriber television.
Richard Branson's Virgin Games is watching the situation closely, however as of print Virgin Games are not available to Australians, New Zealanders or Canadians, whereas Party is.
Australian land based casino, Crown Casino in Melbourne, has accepted numerous PartyGaming - PartyPoker satellite poker players over the past few years, a trend that looks to continue. Party and NetGen Gaming are strongly rumoured to want to release a Kerry Packer, Underbelly and Andre The Giant online slot game, but have not publicly commented. Party has existing b2b deals with Marvel Entertainment, Paramount Pictures, Infinity Ward, StudioCanal, Frank Sinatra Enterprises and Edgar Rice Burroughs, so don't bet against them.
Crown Limited top brass James Packer is yet to publicly comment specifically about online casino or online poker, but he did however sign off an investment deal with online retailing giant DealsDirect.
Ellerston Capital, a fund management company owned by the Packer family's Consolidated Press Holdings, took a “minority cornerstone” investment in the online retailing site DealsDirect yesterday.
“It signals a real coming of age for online retail, with businesses like Ellerston getting into the game, it is well and truly 'game on',” said DealsDirect's co-founder Paul Greenberg.
The transaction, estimated by the Australian Financial Review to be worth $10 million, underscores the deeper embrace of online retail by the media sector and the investment community.
A Media Man spokesperson said of the Packer - Deals Direct deal "James Packer's recent investment into the online retail space shows just how keen he is on the online business. Crown Limited have an impressive portfolio of websites for their properties, however that did not do the man or company justice. Crown Casino Aussie Millions also accepts poker players from a number of online poker brands. Packer also has the 50% investment in Betfair, and rumours persist of a Crown online casino, a venture with a strong possibility of Packer mate Shane Warne getting in on the action. Packer is also keen to see more interaction between Australian television broadcasts of poker on Fox Sports and his traditional media ventures. Mr Packer famously went on recent a few years ago with 'Internet is like electricity', something this very news reports proves correct".
*The writer owns shares in Crown Limited and has conducted b2b with a number of companies cited in this article.
*Greg Tingle is a regular contributor for Gambling911
*Media Man is primarily a media, publicity and internet portal development company. They cover over a dozen different business sectors, including gaming
Website Network
Media Man International
Media Man News
Media Man
Media Man Australia
Media Man Canada
Media Man Games
Media Man Brand
Media Man Network
Casino News Media
Poker News Media
Global Gaming Directory
Saturday, April 23, 2011
Australia To Crack Down On Internet Betting, by Greg Tingle - 23rd April 2011
Australian internet gamers - gamblers, and was as many sectors of the media are going to welcome the news that greater consumer protection measures are coming up in the near future. More regulation may also be in order as a result of information Australian Daniel Tzvetkoff has been passing to the FBI and other authorities in relation to gaming and the financial services sector. Media Man and Gambling911 continues to deliver news you need to know...
Aussie Internet Gamblers To Get More Protection...
Australian gamblers who lose money, rather that make a quid, playing internet poker or online casino games like slots, would be able to void unsuccessful credit card wagers under legislation to be tabled in Parliament next month. It's part of the plan to crack down on illegal internet betting. Independent senator Nick Xenophon will also put forward proposals re advertising controls on companies with gaming products and their affiliated websites. It's understood laws prohibit gambling houses from allowing Aussies to play poker and casino games for money across the web, however no company has been prosecuted for breaching these regulations. Roughly $1 billion is bet by Aussies over these websites annually.
"With voided credit card bets, I have to say there's something appealing to me about online casinos losing their shirts rather than the punters," Xenophon said. "It would certainly make online casinos think twice about accepting Australian cards." The Australian government is in a wrestling match to introduce pokies reform under which the maximum individual bet would be reduced from $10 to $1. That change is part of a deal the Prime Minister, Julia Gillard, struck with the independent MP Andrew Wilkie to help snatch his support after the election last year. Some dramas hit betting sites became worldwide news last weekend after America's Federal Bureau of Investigation laid charges against the major players in the global online poker industry - PokerStars, Full Tilt Poker and Absolute Poker - alleging bank fraud, money laundering and breaches of US gambling laws. It boosted the popularity of some gambling brands not in trouble such as bwin.party digital entertainment and PKR. The FBI also sought to recover more than $US3 billion ($2.8 billion) as the proceeds of crime. Although the "Big Three' being probed by the FBI cannot advertise in Australia, some use affiliated websites...like "play for fun" (not money)...sponsorship of sports teams also happen such as with NRL clubs Cronulla and the Sydney Roosters, and then already one brand has a stadium named after them. Brands offering prohibited poker and casino betting can also operate from within Australia. It's understand a company called GP Information Services, which has an office in 'Sin City' Sydney, is a subsidiary of PokerStars, running a 200-strong office in downtown Chatswood, just 15 minutes from the heart of Sydney's CBD. Firms that breach the law can be fined up to $1.1 million a day, but none has been prosecuted, but a spokesman for the Department of Broadband, Communications and the Digital Economy advised "a number of instances … have been referred to the AFP".
Daniel Tzvetkoff Gets Witness Protection For Gaming Information...
Ex Australian internet whiz kid Daniel Tzvetkoff is likely to have entered the FBI's witness protection program and could be put up in a jail facility on the US east coast, a former FBI special agent believes. Tzvetkoff's last known location was a prison in New York where US government prosecutors fought at bail hearings to keep him but, on August 23 last year, he was moved under a veil of secrecy. It is believed the 28-year-old Gold Coast entrepreneur, once worth about $82 million, has become a star witness for the FBI and prosecutors. Last week, the FBI charged 11 people - including the founders of the giant PokerStars, Full Tilt Poker and Absolute Poker internet poker companies - with bank fraud, money laundering and illegal gambling offences. "He's in a lock-up somewhere," said James Wedick, a decorated former FBI special agent who worked with the crime-fighting agency for 34 years and specialised in handling confidential informants and co-operating witnesses. Tzvetkoff was arrested a year ago in Vegas and faces 75 years in US federal prison for allegedly creating a scheme to illegally process more than $US500 million in transactions between US gamblers and internet gaming websites. Wedick said if Tzvetkoff had agreed to become a government witness, it would not guarantee his release from custody.
"There's no way they'd let him walk out," he told the press after examining details of the cases. It was also unlikely Tzvetkoff would be held in a safe house. Jails had special wings or floors for prisoners in the witness protection program and these were separate from the general prison population, he said. "If he's gone into the witness protection program, he is merely in one of the protection wings of the prison," Wedick said. The FBI and prosecutors from the US Attorney's Southern District of New York office have declined to comment on Tzvetkoff's whereabouts.
Court proceedings in Tzvetkoff's case are held behind closed doors and filings sealed from the public. "You are going to have to call the US Attorney's office on this," said a FBI spokesman, declining to comment on the Tzvetkoff case. A call to the US Attorney's office came with the same info. "It's our policy to not comment on ongoing cases and investigations," the spokeswoman said. A couple of years back, Tzvetkoff was pushed as one of Australia's smartest and most successful young businessmen after creating Brisbane-based internet payment processing company Intabill. Tzvetkoff drove Lamborghinis, Ferraris, showed off his wealth, and now its come back to haunt him. Other companies with some links to the gaming industry are understood to be doing house keeping and getting more legal advise to make sure their business won't suffer a similar fate to Tzvetkoff's.
A Media Man spokesperson said "We will continue to cover the gaming sector, just as we cover a dozen industry vertical markets. Online property, celebrity and entertainment news, travel, politics and overall expansion of website portals remains a focus point for us. We're not a casino, but we will certainly continue to cover the casino, online casino and poker sector. We've been offering alternative news and online media for a decade, and we are not about to stop covering it just because some questionable gambling websites based in the US closed down. We will also continue to rank a online casino and online poker website of the month also. It's pretty much business as usual across our international network".
Punters, er readers, stay glued to Media Man reports via Gambling911 for more "can't miss" information on Australian pokies and gaming wars.
*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.
Website Network
Media Man International
Media Man News
Media Man
Media Man Australia
Media Man Canada
Media Man Games
Media Man Brand
Media Man Network
Casino News Media
Poker News Media
Global Gaming Directory
Australian internet gamers - gamblers, and was as many sectors of the media are going to welcome the news that greater consumer protection measures are coming up in the near future. More regulation may also be in order as a result of information Australian Daniel Tzvetkoff has been passing to the FBI and other authorities in relation to gaming and the financial services sector. Media Man and Gambling911 continues to deliver news you need to know...
Aussie Internet Gamblers To Get More Protection...
Australian gamblers who lose money, rather that make a quid, playing internet poker or online casino games like slots, would be able to void unsuccessful credit card wagers under legislation to be tabled in Parliament next month. It's part of the plan to crack down on illegal internet betting. Independent senator Nick Xenophon will also put forward proposals re advertising controls on companies with gaming products and their affiliated websites. It's understood laws prohibit gambling houses from allowing Aussies to play poker and casino games for money across the web, however no company has been prosecuted for breaching these regulations. Roughly $1 billion is bet by Aussies over these websites annually.
"With voided credit card bets, I have to say there's something appealing to me about online casinos losing their shirts rather than the punters," Xenophon said. "It would certainly make online casinos think twice about accepting Australian cards." The Australian government is in a wrestling match to introduce pokies reform under which the maximum individual bet would be reduced from $10 to $1. That change is part of a deal the Prime Minister, Julia Gillard, struck with the independent MP Andrew Wilkie to help snatch his support after the election last year. Some dramas hit betting sites became worldwide news last weekend after America's Federal Bureau of Investigation laid charges against the major players in the global online poker industry - PokerStars, Full Tilt Poker and Absolute Poker - alleging bank fraud, money laundering and breaches of US gambling laws. It boosted the popularity of some gambling brands not in trouble such as bwin.party digital entertainment and PKR. The FBI also sought to recover more than $US3 billion ($2.8 billion) as the proceeds of crime. Although the "Big Three' being probed by the FBI cannot advertise in Australia, some use affiliated websites...like "play for fun" (not money)...sponsorship of sports teams also happen such as with NRL clubs Cronulla and the Sydney Roosters, and then already one brand has a stadium named after them. Brands offering prohibited poker and casino betting can also operate from within Australia. It's understand a company called GP Information Services, which has an office in 'Sin City' Sydney, is a subsidiary of PokerStars, running a 200-strong office in downtown Chatswood, just 15 minutes from the heart of Sydney's CBD. Firms that breach the law can be fined up to $1.1 million a day, but none has been prosecuted, but a spokesman for the Department of Broadband, Communications and the Digital Economy advised "a number of instances … have been referred to the AFP".
Daniel Tzvetkoff Gets Witness Protection For Gaming Information...
Ex Australian internet whiz kid Daniel Tzvetkoff is likely to have entered the FBI's witness protection program and could be put up in a jail facility on the US east coast, a former FBI special agent believes. Tzvetkoff's last known location was a prison in New York where US government prosecutors fought at bail hearings to keep him but, on August 23 last year, he was moved under a veil of secrecy. It is believed the 28-year-old Gold Coast entrepreneur, once worth about $82 million, has become a star witness for the FBI and prosecutors. Last week, the FBI charged 11 people - including the founders of the giant PokerStars, Full Tilt Poker and Absolute Poker internet poker companies - with bank fraud, money laundering and illegal gambling offences. "He's in a lock-up somewhere," said James Wedick, a decorated former FBI special agent who worked with the crime-fighting agency for 34 years and specialised in handling confidential informants and co-operating witnesses. Tzvetkoff was arrested a year ago in Vegas and faces 75 years in US federal prison for allegedly creating a scheme to illegally process more than $US500 million in transactions between US gamblers and internet gaming websites. Wedick said if Tzvetkoff had agreed to become a government witness, it would not guarantee his release from custody.
"There's no way they'd let him walk out," he told the press after examining details of the cases. It was also unlikely Tzvetkoff would be held in a safe house. Jails had special wings or floors for prisoners in the witness protection program and these were separate from the general prison population, he said. "If he's gone into the witness protection program, he is merely in one of the protection wings of the prison," Wedick said. The FBI and prosecutors from the US Attorney's Southern District of New York office have declined to comment on Tzvetkoff's whereabouts.
Court proceedings in Tzvetkoff's case are held behind closed doors and filings sealed from the public. "You are going to have to call the US Attorney's office on this," said a FBI spokesman, declining to comment on the Tzvetkoff case. A call to the US Attorney's office came with the same info. "It's our policy to not comment on ongoing cases and investigations," the spokeswoman said. A couple of years back, Tzvetkoff was pushed as one of Australia's smartest and most successful young businessmen after creating Brisbane-based internet payment processing company Intabill. Tzvetkoff drove Lamborghinis, Ferraris, showed off his wealth, and now its come back to haunt him. Other companies with some links to the gaming industry are understood to be doing house keeping and getting more legal advise to make sure their business won't suffer a similar fate to Tzvetkoff's.
A Media Man spokesperson said "We will continue to cover the gaming sector, just as we cover a dozen industry vertical markets. Online property, celebrity and entertainment news, travel, politics and overall expansion of website portals remains a focus point for us. We're not a casino, but we will certainly continue to cover the casino, online casino and poker sector. We've been offering alternative news and online media for a decade, and we are not about to stop covering it just because some questionable gambling websites based in the US closed down. We will also continue to rank a online casino and online poker website of the month also. It's pretty much business as usual across our international network".
Punters, er readers, stay glued to Media Man reports via Gambling911 for more "can't miss" information on Australian pokies and gaming wars.
*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.
Website Network
Media Man International
Media Man News
Media Man
Media Man Australia
Media Man Canada
Media Man Games
Media Man Brand
Media Man Network
Casino News Media
Poker News Media
Global Gaming Directory
Monday, April 18, 2011
PartyCasino Wins Media Man 'Online Casino Of The Month' 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.
Websites
PartyCasino.com
PartyPoker.com
World Poker Tour Casino
Profiles
PartyGaming PartyCasino PartyPoker PartyBingo Circus PartyCasino Marvel Slots The Big One Melon Madness Casino World Poker Tour PartyCasino Promotions
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.
Websites
PartyCasino.com
PartyPoker.com
World Poker Tour Casino
Profiles
PartyGaming PartyCasino PartyPoker PartyBingo Circus PartyCasino Marvel Slots The Big One Melon Madness Casino World Poker Tour PartyCasino Promotions
Wednesday, April 06, 2011
Casino News Media - Media Man: Broker snap: bwin.party has potential post merger
Press Release
5th April 2011
Broker snap: bwin.party has potential post merger
Panmure Gordon ups its target price for PartyGaming following its merger with bwin, saying that the newly-formed bwin.party Digital Entertainment has the potential to deliver above-average earnings growth, underpinned by €55m of merger synergies.
“Recent regulatory developments have been overwhelmingly positive for eGaming operators, in our view and we think eGaming stocks are well placed for a period of sustained outperformance,” said the broker.
Panmure estimates that bwin.party will be almost twice the size of its closest peers in 2012, and its scale benefits give it a significant advantage in the French and Italian poker markets, where the broker thinks it will be among the top three poker liquidity providers.
The broker keeps its ‘buy’ rating, but increases the target price from 275p to 288p.
Press Release
1st April 2011
Beyond the Deal Selected to Support Merger Integration of PartyGaming and bwin
Beating stiff competition, Beyond the Deal LLP has been chosen to support the integration of PartyGaming and bwin, following their announced transformational merger inJuly 2010 to form bwin.party digital entertainment plc (Ticker: BPTY). The deal, completed today, makes bwin.party, the world's largest listed online gaming company.
Conducted across key bwin and PartyGaming locations across Europe, and working with senior executives and management in the merged entity, Beyond the Deal's work is focused on supporting integration planning, internal communications and cultural alignment.
Kathy Swindley, Group HR Director for bwin.party digital entertainment, said:
"We have chosen to work with Beyond the Deal due to its skills and understanding of the complex challenges that arise from merging different international cultures."
Carlos Keener, Managing Partner, Beyond the Deal LLP, stated:
"Our appointment by bwin.party continues to highlight our ability to support the largest multi-national deals in a way that is responsive, flexible, and makes the best use of clients' own capabilities and experience in merger integration. We look forward to working with many other companies as M&A activity resumes in the coming months."
Notes to Editors
1. Established by Carlos Keener in 2001, Beyond the Deal (http://www.beyondthedeal.com) is an advisory and resources firm specialising in post merger integration, based in the UK & US.
2. The company focuses on acquisition and integration strategy, business model design, integration planning and management, and other post-acquisition areas such as business process change, organisational design, HR, IT, branding, culture, communications, and risk management.
3. Beyond the Deal's Cultural Snapshot Survey helps businesses address the need for cultural assessment alongside more commonplace pre-deal processes, and certainly as part of acquisition target assessment and integration planning. The survey considers both organisational and national culture, links it to post-deal business models and integration planning, and provides practical ways forward for cultural alignment post-deal.
News
PartyPoker Unleashes Card Rush Instant Win Promotion - 5th April 2011
PartyPoker, the world’s third largest online poker room, is offering up 1.8 million prize cards as part of its Card Rush Instant Win promotion in April. The promotion will run through April 30th or until the prize cards are given away and offers numerous chances to earn extra cash by playing on the site this month.
You can obtain a Card Rush card simply by playing in a real money game on PartyPoker and earning points. The first card will cost five points and subsequent cards will cost 15 points. Players may obtain up to 50 cards per day, but the promotion will end when all 1.8 million are assigned.
Each card will instantly give players a monetary prize between $1 and $5,000, a points prize up to 25,000, or entry into a freeroll. The freerolls will run on the following days:
Card Rush $2,000 Freeroll – May 5th at 1:00pm ET
Card Rush $15,000 Freeroll – May 5th at 2:30pm ET
Card Rush $3,000 Freeroll – May 6th at 1:00pm ET
Card Rush $10,000 Freeroll – May 6th at 2:30pm ET
Card Rush $5,000 Freeroll – May 7th at 1:00pm ET
Card Rush $7,000 Freeroll – May 7th at 2:30pm ET
Card Rush $20,000 Freeroll – May 8th at 1:00pm ET
Players can also earn cash in the Card Rush Race, a leaderboard that will pay the top 200 point-earners a minimum of $100. Points will be awarded as part of the Card Rush promotion ranging from one to 20 points per card. The more points a player earns, the more money they’ll receive. Here’s a look at the payouts:
1st place – $9,000
2nd place – $7,000
3rd place – $5,250
4th place – $4,000
5th place – $3,500
6th place – $3,000
7th place – $2,500
8th place – $2,000
9th place – $1,500
10th place – $1,000
11th-18th places – $800
19th-30th places – $700
31st-45th places – $600
46th-60th places – $500
61st-75th places – $400
76th-100th places – $300
101st-125th places – $200
126th-150th places – $150
151st-200th places – $50
In addition, every 20th spot from 220 to 2,000 will earn a Hot Spot prize of $50.
PartyPoker is also running daily qualifiers to the 2011 World Series of Poker (WSOP) in Las Vegas. Qualifiers are running now until June 19th, with satellites available for as little as $2. Each $14,000 package includes the $10,000 Main Event buy-in, travel and eight days’ hotel accommodations, and $2,000 spending money.
There are also special qualifiers exclusively for first-time depositors. Every month, new players can enter an exclusive freeroll to win one of 10 seats, each worth $750, in the WSOP weekly satellite.
PartyGaming, which owns and operates PartyPoker, recently merged with bwin to form the largest gambling group in the world. With the merger, Party Gaming hopes to even the playing field in the online poker arena as it positions itself to re-enter the U.S. market.
The new company also hopes the merge will expand the PartyPoker brand in Europe. bwin previously resided on the Ongame Network, but now combines its client base with PartyPoker to create the third largest online poker room in the world. (Credit: Poker News Daily)
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.
Websites
PartyCasino.com
PartyPoker.com
Profiles
PartyGaming PartyCasino PartyPoker PartyBingo Circus PartyCasino Marvel Slots The Big One Melon Madness Casino World Poker Tour PartyCasino Promotions
Press Release
5th April 2011
Broker snap: bwin.party has potential post merger
Panmure Gordon ups its target price for PartyGaming following its merger with bwin, saying that the newly-formed bwin.party Digital Entertainment has the potential to deliver above-average earnings growth, underpinned by €55m of merger synergies.
“Recent regulatory developments have been overwhelmingly positive for eGaming operators, in our view and we think eGaming stocks are well placed for a period of sustained outperformance,” said the broker.
Panmure estimates that bwin.party will be almost twice the size of its closest peers in 2012, and its scale benefits give it a significant advantage in the French and Italian poker markets, where the broker thinks it will be among the top three poker liquidity providers.
The broker keeps its ‘buy’ rating, but increases the target price from 275p to 288p.
Press Release
1st April 2011
Beyond the Deal Selected to Support Merger Integration of PartyGaming and bwin
Beating stiff competition, Beyond the Deal LLP has been chosen to support the integration of PartyGaming and bwin, following their announced transformational merger inJuly 2010 to form bwin.party digital entertainment plc (Ticker: BPTY). The deal, completed today, makes bwin.party, the world's largest listed online gaming company.
Conducted across key bwin and PartyGaming locations across Europe, and working with senior executives and management in the merged entity, Beyond the Deal's work is focused on supporting integration planning, internal communications and cultural alignment.
Kathy Swindley, Group HR Director for bwin.party digital entertainment, said:
"We have chosen to work with Beyond the Deal due to its skills and understanding of the complex challenges that arise from merging different international cultures."
Carlos Keener, Managing Partner, Beyond the Deal LLP, stated:
"Our appointment by bwin.party continues to highlight our ability to support the largest multi-national deals in a way that is responsive, flexible, and makes the best use of clients' own capabilities and experience in merger integration. We look forward to working with many other companies as M&A activity resumes in the coming months."
Notes to Editors
1. Established by Carlos Keener in 2001, Beyond the Deal (http://www.beyondthedeal.com) is an advisory and resources firm specialising in post merger integration, based in the UK & US.
2. The company focuses on acquisition and integration strategy, business model design, integration planning and management, and other post-acquisition areas such as business process change, organisational design, HR, IT, branding, culture, communications, and risk management.
3. Beyond the Deal's Cultural Snapshot Survey helps businesses address the need for cultural assessment alongside more commonplace pre-deal processes, and certainly as part of acquisition target assessment and integration planning. The survey considers both organisational and national culture, links it to post-deal business models and integration planning, and provides practical ways forward for cultural alignment post-deal.
News
PartyPoker Unleashes Card Rush Instant Win Promotion - 5th April 2011
PartyPoker, the world’s third largest online poker room, is offering up 1.8 million prize cards as part of its Card Rush Instant Win promotion in April. The promotion will run through April 30th or until the prize cards are given away and offers numerous chances to earn extra cash by playing on the site this month.
You can obtain a Card Rush card simply by playing in a real money game on PartyPoker and earning points. The first card will cost five points and subsequent cards will cost 15 points. Players may obtain up to 50 cards per day, but the promotion will end when all 1.8 million are assigned.
Each card will instantly give players a monetary prize between $1 and $5,000, a points prize up to 25,000, or entry into a freeroll. The freerolls will run on the following days:
Card Rush $2,000 Freeroll – May 5th at 1:00pm ET
Card Rush $15,000 Freeroll – May 5th at 2:30pm ET
Card Rush $3,000 Freeroll – May 6th at 1:00pm ET
Card Rush $10,000 Freeroll – May 6th at 2:30pm ET
Card Rush $5,000 Freeroll – May 7th at 1:00pm ET
Card Rush $7,000 Freeroll – May 7th at 2:30pm ET
Card Rush $20,000 Freeroll – May 8th at 1:00pm ET
Players can also earn cash in the Card Rush Race, a leaderboard that will pay the top 200 point-earners a minimum of $100. Points will be awarded as part of the Card Rush promotion ranging from one to 20 points per card. The more points a player earns, the more money they’ll receive. Here’s a look at the payouts:
1st place – $9,000
2nd place – $7,000
3rd place – $5,250
4th place – $4,000
5th place – $3,500
6th place – $3,000
7th place – $2,500
8th place – $2,000
9th place – $1,500
10th place – $1,000
11th-18th places – $800
19th-30th places – $700
31st-45th places – $600
46th-60th places – $500
61st-75th places – $400
76th-100th places – $300
101st-125th places – $200
126th-150th places – $150
151st-200th places – $50
In addition, every 20th spot from 220 to 2,000 will earn a Hot Spot prize of $50.
PartyPoker is also running daily qualifiers to the 2011 World Series of Poker (WSOP) in Las Vegas. Qualifiers are running now until June 19th, with satellites available for as little as $2. Each $14,000 package includes the $10,000 Main Event buy-in, travel and eight days’ hotel accommodations, and $2,000 spending money.
There are also special qualifiers exclusively for first-time depositors. Every month, new players can enter an exclusive freeroll to win one of 10 seats, each worth $750, in the WSOP weekly satellite.
PartyGaming, which owns and operates PartyPoker, recently merged with bwin to form the largest gambling group in the world. With the merger, Party Gaming hopes to even the playing field in the online poker arena as it positions itself to re-enter the U.S. market.
The new company also hopes the merge will expand the PartyPoker brand in Europe. bwin previously resided on the Ongame Network, but now combines its client base with PartyPoker to create the third largest online poker room in the world. (Credit: Poker News Daily)
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.
Websites
PartyCasino.com
PartyPoker.com
Profiles
PartyGaming PartyCasino PartyPoker PartyBingo Circus PartyCasino Marvel Slots The Big One Melon Madness Casino World Poker Tour PartyCasino Promotions
Monday, April 04, 2011
Australian And NZ Land Based Casino Gossip, by Greg Tingle - 4th April 2011
G'day punters, casino and gambling millionaires and billionaires, sports nuts, politicians, legal eagles, one and all. We've got lots of Aussie casino and poker news and gossip for you today, but a few big developments from our friends down in Kiwi land - New Zealand. Media Man and Gambling911 voyage across the Pacific Ocean and across into the Tasman with this special report...
Melbourne Press Club Does Crown Casino...
The Melbourne Press Club did Crown casino and interesting goss is coming in. Julia Gillard impersonator Amanda Bishop got em talking with a line on Crown Casino and media commentators Andrew Bolt's head...the venue reminded her of nothing so much as the inside of Andrew Bolt’s head. Bolt being a soft target, since he's currently in court fighting for his good name. The joke got mixed reactions. Crown media and events hotshot Anne Peacock is understood to be concerned about Crown's image with the Press Club connection. Master of ceremonies Peter Mitchell gave Peacock special thanks in his address to the crowd. There was no on the record response from Crown Casino powers that be. It's understood that its hard to censor a Press Club speech. or news media in general.
Aussie Politics: Bob Katter Pokies Support May Assist Labor Party...
Independent MP Bob Katter says he won't support national slot machine reforms demanded by fellow crossbencher Andrew Wilkie, who gave Julia Gillard a bit of life support as she tries to hold together her minority government. But he has called for “some pullback” from Wilkie on the slot machine pre-commitment scheme. Wilkie keeps saying the anti-gambling measure is non-negotiable, warning all he will withdraw his support for the Labor party if reforms are not implemented. The Gillard government suffered quite a setback on Friday when independent MP Tony Windsor said he would not back Wilkie's proposed slots reform. This may further destabilize the Labor party. Katter said he "strongly supported" the reform push with "I am four square behind where they will want to go, but I'll have a bit of an argument with them about how to get there. We have to go at this very, very carefully, I'm seeking discussions with Nick (Xenophon) and Andrew but I'm very supportive of the idea of tackling problem gamblers. There needs to be a bit of compromise. It's fine for them to make an ambit claim." Katter advised that a number of clubs in his electorate of Kennedy had closed recently, and that he wouldn't want to see more go the same way. "But we shouldn't keep them open if people are spending their kids' money in them," he said. Under the agreement reached with MP Wilkie, Labor still has until May to strike a deal with state governments on a reform package designed to reduce problem gambling. If it falls flat on its face in getting a deal the states, the government has agreed to enact federal legislation to put in place limits on pokies including a mandatory pre-commitment scheme that will force gamblers to carry smartcards that enforce bet limits before spinning to win. Withdrawal limits on ATMs near poker machines will also be limited to $250. With the support of the Greens, Wilkie and Katter, Labor appears to have locked a potential 75 of 76 necessary votes, leaving the fate of any federal legislation up to of crossbenchers Rob Oakeshott and Tony Crook. Yep, the soap opera that is Australian politics and gambling continues.
James Packer Casino King May Sell Consolidated Media Holdings...
James Packer still may sell his $790 million stake in pay-television investment company Consolidated Media Holdings. Packer has 49.9% of ConsMedia which owns a quarter of Foxtel and half of Fox Sports... has put the word out he will sell if someone is prepared to pay a reasonable price. There is speculation on what developments will happen in Australian media, but internet and gaming continues to ramp up. Packer remains high on pay-TV and there's the $2 billion merger talks between Foxtel and regional counterpart Austar. Some say his is unclear about the medium-term view for the pay-TV industry, one which has copped weak subscriber growth over the past couple of years. The media seem to love it when Packer gets in a verbal fight with another media personality however. How can we forget Packer VS Seven exec David Leckie stoush in October 2009 at the 70th birthday of ex Nine boss Sam Chisholm was reminiscent of his late father, Kerry. JP generally likes to keep the peace its understood. We also recall Last month, when Ten Network Holdings stole senior Seven exec James Warburton to be its new boss. Packer, who owns 9% of Ten, did not want to damage his close relationship with Seven executive chairman Kerry Stokes. Stokes owns 24.4% of ConsMedia. Packer is believed to not want to cause further strain on his relationship with acting Ten chief executive Lachlan Murdoch. Both these relationships somehow survived the Warburton appointment. Flogging ConsMedia is a way to avoid drams with media personalities. Insiders speculate a ConsMedia sale won't happen in a hurry. It was not so long ago that he was at war with Stokes in the C7 case. It was less than six months ago that he favoured media rub enough to buy into Ten. There are also only three potential buyers: Foxtel's other shareholders, Telstra and News Limited as well as Channel Seven. Stokes is in the midst of selling Seven Media Group to West Australian Newspapers while News Limited's parent, Rupert Murdoch's News Corporation, is consumed with the much bigger challenge of buying the 61% of BSkyB it does not already own. News and Seven are understood to not be that keen on ConsMedia.
Aussie Grant Levy Wins ANZPT Perth Event...
Sydney’s Grant Levy took down the PokerStars ANZPT Perth championship this past weekend. He snatched he ANZPT trophy and the $131,500 prize. Levy also became the second player in history with able to get the APPT and ANZPT titles. 220 players entered the AUD$2,500 buy-in main event at Perth's Burswood Casino. A prize of $506,000 was put together, and the top 24 finalists were guaranteed $4,550. The field dissolved to a final table featuring only Aussies except for Ireland’s Patrick Kearns. After more than 3 hours Levy made won. Corr took $83,500 as runner-up. The next stop for the ANZPT is in Sydney, Australia April 13-17.
Results:
1. Grant Levy: $131,500
2. John Corr: $83,500
3. Tim Marsters: $47,000
4. Aaron Lim: $38,000
5. Patrick Kearns: $31,600
6. Han Luu: $26,600
7. Peter Parsons: $21,500
8. Ted Nguyen: $16,450
Poker Cup In Perth Does Good Work For Charity...
Sport, fashion, music and pop culture mixed it up at the the Poker Cup held at Burswood Casino last week. Ex Wildcats star Nik Lackovic put together the cool event, which is an spring off from the Australia and New Zealand Poker Tour. Lackovic said he was keen to create something which gave back to the Strike a Chord for Cancer Foundation, run by local music promoter John Zaccaria and his wife, Noeleen. "I have known John since we were 10," Lackovic told the press "He is a cancer survivor so I wanted to put on a charity event which would raise some money and create some awareness for his foundation." A regular big-time poker player, Lackovic said he had a nice win at the Aussie Millions in January where he won more than $80,000. He also said he had given his fiancee Nicole McKendry some poker tips for her first time. Also playing at the event were Tony Sage, Ryan Crowley, Josh Catalano, Steve Nelkovski, Sal Fazzino, Tony Barlow, Lydia and Zhenya Tsvetnenko. Well done to all.
New Zealand's Christchurch Casino Staff To Accept Redundancy Or Take Unpaid Leave...
Christchurch Casino's management is doing its best for its workers, Prime Minister John Key said today on the eve of a deadline where employees have to decide if they will accept redundancy or take unpaid leave. The Service and Food Workers Union (SFWU), which represents the workers, has called a meeting on Friday morning and is urging members not to make decisions before then. About 520 full-time and part-time workers have been offered redundancy with 4 weeks pay, or they can take unpaid leave until the casino opens again. Christchurch Casino chief executive Brett Anderson said the company had little choice after the post-quake closure of its business and an uncertain timeframe for reopening. "The key for us was giving people the choice," he said. "There is a lot of uncertainty. We are uncertain ourselves. This is not something we wanted to do." Key said the casino hoped to reopen. "I think actually SkyCity are doing a very good job here, they've paid their workers for six weeks," he told Breakfast on TV One. "They are saying if you leave at any time and you take your annual leave and you eventually decide to leave, we will still give you four weeks redundancy. "I think in defence of SkyCity they are doing everything they can." Earthquake Recovery Minister Gerry Brownlee said yesterday the casino might be able to reopen elsewhere. "I think one of the issues that we've got to discuss with the casino is whether or not they can reopen with their licence in another location if it's possible," he said. However, Key said that could be costly for the casino and ideally it would be able to reopen at its existing site. Casino licences were geographically specific, but Brownlee said the Earthquake Recovery Bill could give the flexibility for the premises to move. Anderson said his priority was to reopen the casino on its existing site, and to "get our people back in there", but he did not know when that would happen. The Victoria St building, which has a yellow sticker, sustained minor damage. However, it is within the cordon and close to unstable buildings. Anderson said it would take only three to four weeks to repair the casino damage once the cordon was lifted. SFWU tourism and hospitality industry leader Len Richards was advising workers not to accept the redundancy package because it was no more than the four-week notice period they were eligible for anyway. Workers should be receiving 18 weeks redundancy, which was in line with the redundancy provisions at SkyCity Casino in Auckland. "The loss of jobs that has already occurred, plus the inevitable further job losses to come, will create huge social costs," Richards said. The union was seeking an urgent meeting with casino management. However, Anderson said he had yet to receive a union request. He said the union was forgetting staff had already been paid for the past six weeks, at a cost of $410,000 a week. The casino had not been eligible for the Government subsidy because of its ownership structure, Anderson said. It was owned by SkyCity Casinos and Skyline Enterprises. Christchurch Casino employees could express an interest in working at other casinos in New Zealand and Australia. However, the casino would not pay relocation costs. Anderson said three Christchurch staff already had jobs in Dunedin and two were working in Queenstown. SkyCity in Auckland, which had more than 100 jobs available, would give Christchurch staff priority, he said. Casino employee Kelly Hamlin, who has worked in security at the casino for seven years, said he was unsure what to do. "It's just a blow to all the staff. In a way I think we were expecting a wee bit more than what we have been given." Hamlin said he knew the company was in a difficult position but he would have liked to see the casino keep staff. The union is meeting workers at the Hornby Working Men's Club on Friday. We wish our Kiwi friends well on their earthquake recovery.
Readers... er, punters, how did you like our report? 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. Gaming is just one of a dozen sectors covered
Online Casinos, Online Poker and Sports Betting...
Ok readers, we hear you... you also want to know some of the best places to play online (that accept Aussies) if your in or around the Asia Pacific - Australia (including Tassie) and New Zealand, so here it is...
PartyCasino.com (Many of the world's best slot games. Aussies and Kiwi's welcome).
Captain Cooks Casino
Betfair (sports betting only)
PKR.com (poker, slots including Marvel slot games and sports betting)
PartyPoker.com (online poker at one of the world's most respected poker rooms and gaming brands)
Profiles
Australian Casinos
World Casino Directory
Global Gaming Directory
Casino Travel
Casinos
Australia
Media Man and Gambling911 remind our readers to keep the following in mind:
Take the time to research and learn games before placing down money
Media Man, Casino News Media and Gambling911 are website portals. Not casinos as such, however are recognised as world leading websites that cover the sector and act as central points to games, news, reviews and more.
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. Gaming is just one of a dozen sectors covered
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Casino News Australia
Global Gaming Directory
G'day punters, casino and gambling millionaires and billionaires, sports nuts, politicians, legal eagles, one and all. We've got lots of Aussie casino and poker news and gossip for you today, but a few big developments from our friends down in Kiwi land - New Zealand. Media Man and Gambling911 voyage across the Pacific Ocean and across into the Tasman with this special report...
Melbourne Press Club Does Crown Casino...
The Melbourne Press Club did Crown casino and interesting goss is coming in. Julia Gillard impersonator Amanda Bishop got em talking with a line on Crown Casino and media commentators Andrew Bolt's head...the venue reminded her of nothing so much as the inside of Andrew Bolt’s head. Bolt being a soft target, since he's currently in court fighting for his good name. The joke got mixed reactions. Crown media and events hotshot Anne Peacock is understood to be concerned about Crown's image with the Press Club connection. Master of ceremonies Peter Mitchell gave Peacock special thanks in his address to the crowd. There was no on the record response from Crown Casino powers that be. It's understood that its hard to censor a Press Club speech. or news media in general.
Aussie Politics: Bob Katter Pokies Support May Assist Labor Party...
Independent MP Bob Katter says he won't support national slot machine reforms demanded by fellow crossbencher Andrew Wilkie, who gave Julia Gillard a bit of life support as she tries to hold together her minority government. But he has called for “some pullback” from Wilkie on the slot machine pre-commitment scheme. Wilkie keeps saying the anti-gambling measure is non-negotiable, warning all he will withdraw his support for the Labor party if reforms are not implemented. The Gillard government suffered quite a setback on Friday when independent MP Tony Windsor said he would not back Wilkie's proposed slots reform. This may further destabilize the Labor party. Katter said he "strongly supported" the reform push with "I am four square behind where they will want to go, but I'll have a bit of an argument with them about how to get there. We have to go at this very, very carefully, I'm seeking discussions with Nick (Xenophon) and Andrew but I'm very supportive of the idea of tackling problem gamblers. There needs to be a bit of compromise. It's fine for them to make an ambit claim." Katter advised that a number of clubs in his electorate of Kennedy had closed recently, and that he wouldn't want to see more go the same way. "But we shouldn't keep them open if people are spending their kids' money in them," he said. Under the agreement reached with MP Wilkie, Labor still has until May to strike a deal with state governments on a reform package designed to reduce problem gambling. If it falls flat on its face in getting a deal the states, the government has agreed to enact federal legislation to put in place limits on pokies including a mandatory pre-commitment scheme that will force gamblers to carry smartcards that enforce bet limits before spinning to win. Withdrawal limits on ATMs near poker machines will also be limited to $250. With the support of the Greens, Wilkie and Katter, Labor appears to have locked a potential 75 of 76 necessary votes, leaving the fate of any federal legislation up to of crossbenchers Rob Oakeshott and Tony Crook. Yep, the soap opera that is Australian politics and gambling continues.
James Packer Casino King May Sell Consolidated Media Holdings...
James Packer still may sell his $790 million stake in pay-television investment company Consolidated Media Holdings. Packer has 49.9% of ConsMedia which owns a quarter of Foxtel and half of Fox Sports... has put the word out he will sell if someone is prepared to pay a reasonable price. There is speculation on what developments will happen in Australian media, but internet and gaming continues to ramp up. Packer remains high on pay-TV and there's the $2 billion merger talks between Foxtel and regional counterpart Austar. Some say his is unclear about the medium-term view for the pay-TV industry, one which has copped weak subscriber growth over the past couple of years. The media seem to love it when Packer gets in a verbal fight with another media personality however. How can we forget Packer VS Seven exec David Leckie stoush in October 2009 at the 70th birthday of ex Nine boss Sam Chisholm was reminiscent of his late father, Kerry. JP generally likes to keep the peace its understood. We also recall Last month, when Ten Network Holdings stole senior Seven exec James Warburton to be its new boss. Packer, who owns 9% of Ten, did not want to damage his close relationship with Seven executive chairman Kerry Stokes. Stokes owns 24.4% of ConsMedia. Packer is believed to not want to cause further strain on his relationship with acting Ten chief executive Lachlan Murdoch. Both these relationships somehow survived the Warburton appointment. Flogging ConsMedia is a way to avoid drams with media personalities. Insiders speculate a ConsMedia sale won't happen in a hurry. It was not so long ago that he was at war with Stokes in the C7 case. It was less than six months ago that he favoured media rub enough to buy into Ten. There are also only three potential buyers: Foxtel's other shareholders, Telstra and News Limited as well as Channel Seven. Stokes is in the midst of selling Seven Media Group to West Australian Newspapers while News Limited's parent, Rupert Murdoch's News Corporation, is consumed with the much bigger challenge of buying the 61% of BSkyB it does not already own. News and Seven are understood to not be that keen on ConsMedia.
Aussie Grant Levy Wins ANZPT Perth Event...
Sydney’s Grant Levy took down the PokerStars ANZPT Perth championship this past weekend. He snatched he ANZPT trophy and the $131,500 prize. Levy also became the second player in history with able to get the APPT and ANZPT titles. 220 players entered the AUD$2,500 buy-in main event at Perth's Burswood Casino. A prize of $506,000 was put together, and the top 24 finalists were guaranteed $4,550. The field dissolved to a final table featuring only Aussies except for Ireland’s Patrick Kearns. After more than 3 hours Levy made won. Corr took $83,500 as runner-up. The next stop for the ANZPT is in Sydney, Australia April 13-17.
Results:
1. Grant Levy: $131,500
2. John Corr: $83,500
3. Tim Marsters: $47,000
4. Aaron Lim: $38,000
5. Patrick Kearns: $31,600
6. Han Luu: $26,600
7. Peter Parsons: $21,500
8. Ted Nguyen: $16,450
Poker Cup In Perth Does Good Work For Charity...
Sport, fashion, music and pop culture mixed it up at the the Poker Cup held at Burswood Casino last week. Ex Wildcats star Nik Lackovic put together the cool event, which is an spring off from the Australia and New Zealand Poker Tour. Lackovic said he was keen to create something which gave back to the Strike a Chord for Cancer Foundation, run by local music promoter John Zaccaria and his wife, Noeleen. "I have known John since we were 10," Lackovic told the press "He is a cancer survivor so I wanted to put on a charity event which would raise some money and create some awareness for his foundation." A regular big-time poker player, Lackovic said he had a nice win at the Aussie Millions in January where he won more than $80,000. He also said he had given his fiancee Nicole McKendry some poker tips for her first time. Also playing at the event were Tony Sage, Ryan Crowley, Josh Catalano, Steve Nelkovski, Sal Fazzino, Tony Barlow, Lydia and Zhenya Tsvetnenko. Well done to all.
New Zealand's Christchurch Casino Staff To Accept Redundancy Or Take Unpaid Leave...
Christchurch Casino's management is doing its best for its workers, Prime Minister John Key said today on the eve of a deadline where employees have to decide if they will accept redundancy or take unpaid leave. The Service and Food Workers Union (SFWU), which represents the workers, has called a meeting on Friday morning and is urging members not to make decisions before then. About 520 full-time and part-time workers have been offered redundancy with 4 weeks pay, or they can take unpaid leave until the casino opens again. Christchurch Casino chief executive Brett Anderson said the company had little choice after the post-quake closure of its business and an uncertain timeframe for reopening. "The key for us was giving people the choice," he said. "There is a lot of uncertainty. We are uncertain ourselves. This is not something we wanted to do." Key said the casino hoped to reopen. "I think actually SkyCity are doing a very good job here, they've paid their workers for six weeks," he told Breakfast on TV One. "They are saying if you leave at any time and you take your annual leave and you eventually decide to leave, we will still give you four weeks redundancy. "I think in defence of SkyCity they are doing everything they can." Earthquake Recovery Minister Gerry Brownlee said yesterday the casino might be able to reopen elsewhere. "I think one of the issues that we've got to discuss with the casino is whether or not they can reopen with their licence in another location if it's possible," he said. However, Key said that could be costly for the casino and ideally it would be able to reopen at its existing site. Casino licences were geographically specific, but Brownlee said the Earthquake Recovery Bill could give the flexibility for the premises to move. Anderson said his priority was to reopen the casino on its existing site, and to "get our people back in there", but he did not know when that would happen. The Victoria St building, which has a yellow sticker, sustained minor damage. However, it is within the cordon and close to unstable buildings. Anderson said it would take only three to four weeks to repair the casino damage once the cordon was lifted. SFWU tourism and hospitality industry leader Len Richards was advising workers not to accept the redundancy package because it was no more than the four-week notice period they were eligible for anyway. Workers should be receiving 18 weeks redundancy, which was in line with the redundancy provisions at SkyCity Casino in Auckland. "The loss of jobs that has already occurred, plus the inevitable further job losses to come, will create huge social costs," Richards said. The union was seeking an urgent meeting with casino management. However, Anderson said he had yet to receive a union request. He said the union was forgetting staff had already been paid for the past six weeks, at a cost of $410,000 a week. The casino had not been eligible for the Government subsidy because of its ownership structure, Anderson said. It was owned by SkyCity Casinos and Skyline Enterprises. Christchurch Casino employees could express an interest in working at other casinos in New Zealand and Australia. However, the casino would not pay relocation costs. Anderson said three Christchurch staff already had jobs in Dunedin and two were working in Queenstown. SkyCity in Auckland, which had more than 100 jobs available, would give Christchurch staff priority, he said. Casino employee Kelly Hamlin, who has worked in security at the casino for seven years, said he was unsure what to do. "It's just a blow to all the staff. In a way I think we were expecting a wee bit more than what we have been given." Hamlin said he knew the company was in a difficult position but he would have liked to see the casino keep staff. The union is meeting workers at the Hornby Working Men's Club on Friday. We wish our Kiwi friends well on their earthquake recovery.
Readers... er, punters, how did you like our report? 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. Gaming is just one of a dozen sectors covered
Online Casinos, Online Poker and Sports Betting...
Ok readers, we hear you... you also want to know some of the best places to play online (that accept Aussies) if your in or around the Asia Pacific - Australia (including Tassie) and New Zealand, so here it is...
PartyCasino.com (Many of the world's best slot games. Aussies and Kiwi's welcome).
Captain Cooks Casino
Betfair (sports betting only)
PKR.com (poker, slots including Marvel slot games and sports betting)
PartyPoker.com (online poker at one of the world's most respected poker rooms and gaming brands)
Profiles
Australian Casinos
World Casino Directory
Global Gaming Directory
Casino Travel
Casinos
Australia
Media Man and Gambling911 remind our readers to keep the following in mind:
Take the time to research and learn games before placing down money
Media Man, Casino News Media and Gambling911 are website portals. Not casinos as such, however are recognised as world leading websites that cover the sector and act as central points to games, news, reviews and more.
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. Gaming is just one of a dozen sectors covered
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Thursday, March 31, 2011
PartyGaming Plc, now known as bwin.party digital entertainment plc ('bwin.party' or the 'Company)
Completion of the Merger
The process of merging PartyGaming Plc and bwin Interactive Entertainment AG ('bwin') has been completed today. The Company has formally re-registered its name as 'bwin.party digital entertainment plc'.
The Company's ordinary shares of 0.015 pence each ("Shares") have today been de-listed and re-admitted to the premium segment of the official list and commenced dealing on the London Stock Exchange's main market. A total of 439,209,325 new Shares have today been issued in the form of dematerialised depositary interests and credited in CREST for onward transfer to the relevant securities accounts of former bwin shareholders no later than 1 April 2011. As a result of this issue of new Shares, the Company now has 852,271,026 Shares in issue.
The new London Stock Exchange 'ticker' for the Shares is 'BPTY'. The ISIN number for the Shares remains G1000A0MV757, whilst the SEDOL number has changed to B53TNH6. The London Stock Exchange will show the Company's new name of 'bwin.party digital entertainment plc' on its trading system from 1 April 2011.
As a result of the merger completing, the following appointments to the Company's board of directors have taken effect from today:
Simon Duffy, Non-Executive Chairman of the Board
Norbert Teufelberger, Co-Chief Executive Officer
Joachim Baca, Chief Operating Officer
Per Afrell, Independent Non-Executive Director
Manfred Bodner, Non-Executive Director
Helmut Kern, Independent Non-Executive Director
Georg Riedl, Non-Executive Director
Biographies for each of these directors are set out in the Company's prospectus and circular published on 23 December 2010 and available on bwin.party's website, www.bwinparty.com. There are no disclosures to be made under Listing Rule 9.6.13 in respect of any of the new directors other than those set out in the Company's prospectus and circular to shareholders published on 23 December 2010.
Commenting on the completion of the merger, Jim Ryan and Norbert Teufelberger, the Co-CEOs, said:
"We are delighted that our merger is now complete so that we can start with the integration of our businesses and capturing the synergies we have already identified. As we make the transition from unregulated to regulated markets we have an excellent opportunity to capitalise on our market-leading positions in sports betting, poker, casino and games as well as bingo."
Simon Duffy, the newly appointed Chairman of the Board, commented:
"Congratulations to bwin.party's directors and employees on managing the merger through to completion. This is a landmark day for the online gaming sector and bwin.party is now in a position to leverage its combined resources to take maximum advantage of regulating markets and the exciting opportunities in the real money gaming and digital entertainment sectors."
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.
Websites
PartyCasino.com
PartyPoker.com
World Poker Tour Casino
Profiles
PartyGaming PartyCasino PartyPoker PartyBingo Circus PartyCasino Marvel Slots The Big One Melon Madness Casino World Poker Tour PartyCasino Promotions
Website Network
Media Man International
Media Man
Media Man Australia
Media Man Canada
Media Man Games
Media Man Brand
Media Man Network
Casino News Media
Poker News Media
Global Gaming Directory
Completion of the Merger
The process of merging PartyGaming Plc and bwin Interactive Entertainment AG ('bwin') has been completed today. The Company has formally re-registered its name as 'bwin.party digital entertainment plc'.
The Company's ordinary shares of 0.015 pence each ("Shares") have today been de-listed and re-admitted to the premium segment of the official list and commenced dealing on the London Stock Exchange's main market. A total of 439,209,325 new Shares have today been issued in the form of dematerialised depositary interests and credited in CREST for onward transfer to the relevant securities accounts of former bwin shareholders no later than 1 April 2011. As a result of this issue of new Shares, the Company now has 852,271,026 Shares in issue.
The new London Stock Exchange 'ticker' for the Shares is 'BPTY'. The ISIN number for the Shares remains G1000A0MV757, whilst the SEDOL number has changed to B53TNH6. The London Stock Exchange will show the Company's new name of 'bwin.party digital entertainment plc' on its trading system from 1 April 2011.
As a result of the merger completing, the following appointments to the Company's board of directors have taken effect from today:
Simon Duffy, Non-Executive Chairman of the Board
Norbert Teufelberger, Co-Chief Executive Officer
Joachim Baca, Chief Operating Officer
Per Afrell, Independent Non-Executive Director
Manfred Bodner, Non-Executive Director
Helmut Kern, Independent Non-Executive Director
Georg Riedl, Non-Executive Director
Biographies for each of these directors are set out in the Company's prospectus and circular published on 23 December 2010 and available on bwin.party's website, www.bwinparty.com. There are no disclosures to be made under Listing Rule 9.6.13 in respect of any of the new directors other than those set out in the Company's prospectus and circular to shareholders published on 23 December 2010.
Commenting on the completion of the merger, Jim Ryan and Norbert Teufelberger, the Co-CEOs, said:
"We are delighted that our merger is now complete so that we can start with the integration of our businesses and capturing the synergies we have already identified. As we make the transition from unregulated to regulated markets we have an excellent opportunity to capitalise on our market-leading positions in sports betting, poker, casino and games as well as bingo."
Simon Duffy, the newly appointed Chairman of the Board, commented:
"Congratulations to bwin.party's directors and employees on managing the merger through to completion. This is a landmark day for the online gaming sector and bwin.party is now in a position to leverage its combined resources to take maximum advantage of regulating markets and the exciting opportunities in the real money gaming and digital entertainment sectors."
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.
Websites
PartyCasino.com
PartyPoker.com
World Poker Tour Casino
Profiles
PartyGaming PartyCasino PartyPoker PartyBingo Circus PartyCasino Marvel Slots The Big One Melon Madness Casino World Poker Tour PartyCasino Promotions
Website Network
Media Man International
Media Man
Media Man Australia
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Thursday, March 24, 2011
PartyGaming News: Court Sanctions Merger with bwin - 23rd March 2011
Court Sanctions Merger with bwin Interactive Entertainment AG (“bwin”)
PartyGaming is pleased to announce that the Supreme Court of Gibraltar has today issued a court order sanctioning the merger of the Company and bwin (the “Merger”). This court order comes into full effect on 31 March 2011 (the “Effective Date”).
Today’s development follows the announcement by bwin on 15 March 2011 that the Merger had formally been entered into the companies’ registry in Vienna, Austria by the Vienna Commercial Court.
Following the above developments, the approval of the Merger by PartyGaming and bwin shareholders on 28 January 2011 and the approval of the Merger by various national anti-trust and gaming regulatory authorities, there are no further conditions precedent remaining to be satisfied as part of the Merger process save for the matters set out below which will be effected on completion.
Completion of the Merger is now expected to take place on the Effective Date, when the Company’s name will change to ‘bwin.party digital entertainment plc’. The Company’s ordinary shares of 0.015 pence each (“Shares”) are expected to be de-listed and then re-admitted to the premium segment of the official list and commence dealing on the London Stock Exchange’s main market at 8.00 a.m. (London time) on the Effective Date. New Shares are expected to be issued to the bwin shareholders on the Effective Date, when CREST accounts are also expected to be credited with dematerialised depositary interests in respect of the Company’s Shares.
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.
Websites
PartyCasino.com
PartyPoker.com
World Poker Tour Casino
Profiles
PartyGaming PartyCasino PartyPoker PartyBingo Circus PartyCasino Marvel Slots The Big One Melon Madness Casino World Poker Tour PartyCasino Promotions
Court Sanctions Merger with bwin Interactive Entertainment AG (“bwin”)
PartyGaming is pleased to announce that the Supreme Court of Gibraltar has today issued a court order sanctioning the merger of the Company and bwin (the “Merger”). This court order comes into full effect on 31 March 2011 (the “Effective Date”).
Today’s development follows the announcement by bwin on 15 March 2011 that the Merger had formally been entered into the companies’ registry in Vienna, Austria by the Vienna Commercial Court.
Following the above developments, the approval of the Merger by PartyGaming and bwin shareholders on 28 January 2011 and the approval of the Merger by various national anti-trust and gaming regulatory authorities, there are no further conditions precedent remaining to be satisfied as part of the Merger process save for the matters set out below which will be effected on completion.
Completion of the Merger is now expected to take place on the Effective Date, when the Company’s name will change to ‘bwin.party digital entertainment plc’. The Company’s ordinary shares of 0.015 pence each (“Shares”) are expected to be de-listed and then re-admitted to the premium segment of the official list and commence dealing on the London Stock Exchange’s main market at 8.00 a.m. (London time) on the Effective Date. New Shares are expected to be issued to the bwin shareholders on the Effective Date, when CREST accounts are also expected to be credited with dematerialised depositary interests in respect of the Company’s Shares.
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.
Websites
PartyCasino.com
PartyPoker.com
World Poker Tour Casino
Profiles
PartyGaming PartyCasino PartyPoker PartyBingo Circus PartyCasino Marvel Slots The Big One Melon Madness Casino World Poker Tour PartyCasino Promotions
Saturday, March 19, 2011
PartyCasino Wins Media Man 'Online Casino Of The Month' 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.
Websites
PartyCasino.com
PartyPoker.com
World Poker Tour Casino
Profiles
PartyGaming PartyCasino PartyPoker PartyBingo Circus PartyCasino Marvel Slots The Big One Melon Madness Casino World Poker Tour PartyCasino Promotions
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.
Websites
PartyCasino.com
PartyPoker.com
World Poker Tour Casino
Profiles
PartyGaming PartyCasino PartyPoker PartyBingo Circus PartyCasino Marvel Slots The Big One Melon Madness Casino World Poker Tour PartyCasino Promotions
Friday, March 18, 2011
Australian Casino Canberra Close To Getting Pokies At Last, by Greg Tingle - 18th March 2011
G'day punters, casino and gambling millionaires and billionaires, legal eagles, government officials...one and all. Australia's capital, Canberra, may be getting slots in its casino sooner rather than latter, tipped to win its 16 year battle for the 'bandits'. We also learn that the offline gambling world continues to ramp up its business dealings with the online gaming sector. We've also got the connection between NRL clubs and pokies, and lots more.. Media Man and Gambling911 take you on another voyage of discovery down under to Australia...
Casino Canberra In Nations Capital Tipped To Get Pokies; Punters Rejoice After 18 Years...
Punters in Canberra may not have to wait much longer before they can play the likes of Cleopatra, Black Rhino, Where's The Gold, Gone Fishing, Top Gun, Monopoly, Outback Jack and the rest of their pokie friends, some of which are found via online portals like Media Man International and Casino News Media.
Casino Canberra have been fighting for pokies for 16-years to operate the 'one armed bandits' out of its Glebe Park gambling den. ACT Labor Party insiders have leaked that former treasurer Ted Quinlan will recommend in his considerable review of the region's revenue base that the casino be allowed to operate machines in the venue. The casino has been lobbying to have pokies since 1995, when it says the opening of 'Sin City' Sydney's Star City Casino whacked them in the guts. Last year it raised the stakes by offering the ACT Government a whopping $10 million one-off payment simply to be allowed to operate the machines. To date the Government has not budged and refused flat out to permit any departure from Canberra's "not-for-profit" business model of distribution of machines. The ACT Labor Party snatched in excess of $600,000 in revenue from its Labor Club pokies operation last year, according to returns from the ACT Electoral Commission. Gaming Minister Andrew Barr has refused to discuss the matter as we go to print. Mr Quinlan has been commissioned to conduct a "root-and-branch review" of the entire ACT tax system, including gambling revenues, and it's understood he told party colleagues that he was preparing to recommend that the casino be granted its long time wish for 200 machines. It's believed that Quinlan noted that the Productivity Commission observed last year, "the prohibition on Canberra casino's operation of gaming machines is difficult to justify". Quinlan refused to confirm or deny the reports as we approach print. "I won't enter into the discussion". Casino Canberra marketing manager Peter Cursley said a recommendation from the Quinlan Review for pokies at the casino would be acknowledging the weight of evidence. "There's been a number of government-commissioned reports," he said. "All those reports have all either suggested that there should be machines in the casino or stated that there would be no harm done by machines in the casino." The casino has long argued pokies would contribute 30% in gross gaming revenue tax, delivering an annual revenue stream of about $4 million to the ACT Government. Canberra punters have been patiently waiting over a decade to play classic slots like Cleopatra, Monopoly and Wheel Of Fortune in their home state of Canberra and insiders are tipping the casino may just grant them their wish within the next few months. Time will tell if it would be a true win - win - win, but Casino Canberra would surly win. Canberra based players continue to play online poker machines in the meantime or travel to Melbourne's Crown or Sydney's Star City...of course in search of the elusive jackpots.
NRL Clubs Look To Make Up For Shotfall; Result Of Proposed Pokie Law Changes...
The National Rugby League clubs in 'Sin City' Sydney have a list of requests (getting closer to demands we hear) to offset the effect on their takings, should the Aussie government implement proposals like 'smart cards' onto 'one armed bandits' (slots aka pokies). The licensed clubs which are behind the footy clubs estimate the dip in revenue and cost of implementing the changes in attempt to reduce problem gambling will force them to cease many community support initiatives, like nurturing up and coming junior players, helping out aged care, schools and the like. It's the flow on effect. Should the federal government keep at these gaming reforms, clubs reckon a couple of things will assist them on the bean counter side of things...
The election of a Coalition government in NSW
A billion-dollar broadcasting deal for rugby league
A High Court decision upholding a turnover tax on wagering
The NSW state election will be on March 26 and Labor is set to go down for the count in spectacular fashion. The Coalition (Liberals and Nationals) have inked a memorandum of understanding with Sydney's whale size licensed clubs giving them tax relief on pokies, snatching St George Leagues Club (The Dragons) $800,000. Clubs with larger gambling revenue (Penrith Panthers and Canterbury Bulldogs), will also get more of the action. St George's annual contribution to football is $3 million: $2.7 million is put aside to the NRL team and $300,000 to the club's junior representative teams. Media deals can also be a big part of the financial future of clubs. The clubs are seeking a billion-dollar TV rights deal. This would effectively raise the NRL's revenue from broadcasting by a massive 50%, and would be expected to double the NRL's annual grant to its 16 clubs, currently at $3.5 million. We will have to wait until the conclusion of the end of next season to see what happens with the TV contract. Free-to-air rights holder, Network Nine, has committed to pay more for the content, while Network Ten and Channel Seven have advised they are in the running to make bids to attempt to snatch the TV rights offerings. Tax is always a big thing for business. A 1.5 per cent turnover tax on wagering, is tipped to increase NRL revenue by as much as $20 mill. Sweet money if you can get it. This would facilitate the NRL to grab higher product fees, further increase annual club grants and thus reduce clubs' dependence on 'one armed bandits'. The news is not all good for the clubs. Friday's High Court decision granting Northern Territory corporate bookmakers and Betfair leave to appeal against a Federal Court decision upholding the turnover tax may play on the minds of the Sydney NRL club powers that be. It does't mean the High Court will reverse the Federal Court decision that gives legitimacy to product fees being based on the existing gross profit model, however NRL clubs would have preferred the High Court did not grant leave to appeal. The federal government's agenda to address problem gambling is set out in a memorandum to the presidents of licensed clubs on March 3 we understand. The Minister for Families, Housing, Community Services and Indigenous Affairs, Jenny Macklin, favours a pre-commitment scheme where "We use technology to give people a tool, at the beginning of a gambling session, to think about how much they want to spend, set limits and stick to them. Under the model recommended by the Productivity Commission, players can set the limit as high or low as they like and players could choose no limit at all if they prefer." In a letter to the minister on March 9, the general manager of St George Leagues Club, Danny Robinson, set out his board's concerns. "This club cannot afford to spend the estimated costs of $6 million on the required technology to implement such a system. The expected reduction in revenue for this club would be $14 million per year which, together with the costs associated with the implementation of mandatory pre-commitment, would cause this club to close. Closure of this famous club would result in the loss of jobs for hundreds of workers and the loss of facilities enjoyed by over 30,000 members. The club's current contribution of over $4 million per year for sport and sporting facilities would be lost to the community … The club's annual contribution of $300,000 to local hospitals and children with special needs would also be lost." Robinson stages the flow on effects would occur without guarantee a pokie pre-commitment system would work. The system hasn't worked well in other countries with many experts, private and government saying the system is a failure, and a waste of time and money. Gamblers will continue to gamble, especially problem gamblers, with lots of loop holes - fake ID, makes cards, club hopping, removing fingerprints and all manner of other cleaver tactics, in attempt to outsmart 'Big Brother'.
Australia's Aristocrat Rumoured Signed Deal With Online Gaming's Game Account; Other Online Casinos Also Look For New Games...
The whale size casino games provider Aristocrat which supplies some of the hottest casino games to land based casinos around the world has inked a deal with the online gambling company Game Account to provide gaming content to their impressive portfolio of games. GameAccount network who are licensed by Alderney Gambling Control Commission has stated that this deal will be an endeavor to bring Aristocrat's vast library of gaming content to regulated online gaming websites. The initial focus of this new partnership will be based on the European market because the company is based in London and will eventually spread to other regulated markets. Online gamblers are hanging out for high quality content with better gaming experiences and as the online gaming industry grows and matures they plan on providing exactly that, stated Gillian Findlay, the General Manager for Aristocrat. Aristocrat’s games have been hits for many years across the globe and now the goal is to bring these highly recommended games to the online world. In order to make this happen teaming with Game Account which has a robust platform to host their games is a good start and with their relationships with trusted online operators and with the players that frequent their gaming sites this partnership is tipped for success. This new partnership will see a broad selection of Aristocrat games including their best, such as 50 lions and Dolphin Treasure as well as some new and exciting games being developed. Dermot Smurfit the managing Director for Game Account Network said "We are delighted to enable Aristocrat to bring its market leading slots to the online gaming market in Europe.” PartyGaming's PartyCasino.com and Virgin Enterprises Virgin Casino have also been adding new games to the portfolio of late, with NextGen Gaming tipped to add more in the coming months. Party's in house team 'The Games Studio' continues to work on more Hollywood themes and some website portals are also developing their own games, with some work been outsources. Could it be that Gambling911 or Media Man might soon have it's own themed slot games? IGT also continues to release new games via its online arm, WagerWorks. The land based sector of the gambling world continues to get into bed with its online counterpart. Stay tuned.
Adelaide Casino Switches Off Outdoor Pokies...
The Adelaide Casino has turned off poker machines which are installed in its outdoor smoking area, due to some people power pressure. The gaming section was opened last week and has 20 outside poker machines enabling people to gamble while smoking. Some MPs expressed concerns that casino operator SkyCity was trying to exploit a loophole in South Australia's smoking laws, pointing out pubs could not install outdoor pokies. SA Premier Mike Rann said the move was not a good look for the Adelaide Casino. "What they've done looks to most people like trying to get round the rules," he said. "Now if it's legal and there's a loophole then we should look at closing that loophole. "I would like to see the casino do the right thing and I think at the moment what they've done is the wrong thing." SA Gambling Minister Bernard Finnigan has asked gambling control authorities to prepare a report for him. "I've asked the Liquor and Gambling Commissioner for a full report on the matter as to what the current regulations are," he said. "We're certainly committed to making sure that we have smoke-free gambling areas in the casino and elsewhere." Independent Senator Nick Xenophon said SkyCity Casino was exploiting a loophole in legislation by putting machines outside. "We know from the research there's a clear link between gambling and smoking, particularly with poker machines," he said. "Now it can continue, people playing, because they don't go out to get a cigarette break. "It clearly is a breach of the spirit of the legislation. It's a loophole and the Government needs to act now." Independent MLC John Darley also said he would demand the Government act. In a statement, casino general manager David Christian said authorities were notified last December the casino would be putting machines in the area, which was licenced for gambling decades ago.
Former Legal Eagles Ordered To Pay $637k For Trust Breach...
An ex Melbourne lawyer who stole from clients to pay for a gambling addiction, has been ordered to pay $637,000 to the Legal Services Board for breach of trust. Gabriel Werden lost his right to practice law and was sentenced to almost six years in prison in 2006. He was convicted of a string of theft charges and obtaining financial advantage by deception, after admitting he stole $1.1 million from nine clients. Werden claimed he was being threatened by loan sharks, who were helping to pay for his gambling addiction at Crown Casino. The Victorian Supreme Court this morning ordered Werden to pay the Legal Services Board $637,000 for breach of trust.
CEO Magazine Rejects James Packer Interview Rumour...
Bean Media Group, publishers of the influential and highly-regarded business publication, The CEO Magazine, have today refused to confirm reports that The CEO Magazine will be conducting an exclusive interview with Australian businessman, James Packer. The CEO Magazine is Australia's leading business magazine focused directly at high-level executives in Australian companies. The CEO Magazine is a bi-monthly title that provides its readers with a wealth of articles discussing business strategy, expert opinion, analysis, corporate case studies, emerging trends, leadership, growth opportunities and challenges facing our country's leading business leaders. The CEO Magazine explores how Australian businesses can improve the way they manage their operations, staff, technology and supply chains with a view to creating a more profitable and successful business. Whilst The CEO Magazine is extremely meticulous in selection for interviews within the title, rumours of a one-on-one interview with James Packer have surfaced this week. "Due to the high profile nature of The CEO Magazine, it is impossible for us to confirm who will be included in upcoming magazines until publication date. Content is kept strictly between the publisher and any leading senior executive that have been chosen for selection," said a spokesperson for publisher, Bean Media Group. The next issue of The CEO Magazine is due out next month. About The CEO Magazine, Australia's leading business title specifically for high-level and senior executives. The publisher of The CEO Magazine is Bean Media Group, a multi-award-winning media company based in Sydney, Australia.
Media Man Looks To Get Own Branded Slot And Classic Games...
In a scoop word leaked that Media Man International has put feelers out for its own branded slot and classics casino games. The rumour mill leaked that they had seen a couple of other websites develop their own games over the years, and they basically feel its time to do the same thing, as a natural part of their business development. They have just started making enquiries to the likes of NextGen Gaming, PartyGaming, Virgin and IGT. Gambling911 is understood to have the exclusive on this one, so yet another reason to not change your dial, unless you want to hop on over to Media Man Int in case any more leaks in the story open up. Media Man often breaks news on its blog network before the site, so that's the tip punters.
Readers... er, punters, how did you like our report? 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. Gaming is just one of a dozen sectors covered
Online Casinos, Online Poker and Sports Betting...
Ok readers, we hear you... you also want to know some of the best places to play online (that accept Aussies) if your in or around the Asia Pacific - Australia (including Tassie) and New Zealand, so here it is...
PartyCasino.com (Many of the world's best slot games. Aussies and Kiwi's welcome).
Captain Cooks Casino
Betfair (sports betting only)
PKR.com (poker, slots including Marvel slot games and sports betting)
PartyPoker.com (online poker at one of the world's most respected poker rooms and gaming brands)
Profiles
Australian Casinos
World Casino Directory
Global Gaming Directory
Casino Travel
Casinos
Australia
Media Man and Gambling911 remind our readers to keep the following in mind:
Take the time to research and learn games before placing down money
Media Man, Casino News Media and Gambling911 are website portals. Not casinos as such, however are recognised as world leading websites that cover the sector and act as central points to games, news, reviews and more.
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. Gaming is just one of a dozen sectors covered
*The writer owns shares in Crown Limited and Network Ten
Website Network
Media Man International
Media Man
Media Man Australia
Media Man Canada
Media Man Games
Media Man Brand
Media Man Network
Casino News Media
Poker News Media
Australian Casino News
Casino News Australia
Global Gaming Directory
G'day punters, casino and gambling millionaires and billionaires, legal eagles, government officials...one and all. Australia's capital, Canberra, may be getting slots in its casino sooner rather than latter, tipped to win its 16 year battle for the 'bandits'. We also learn that the offline gambling world continues to ramp up its business dealings with the online gaming sector. We've also got the connection between NRL clubs and pokies, and lots more.. Media Man and Gambling911 take you on another voyage of discovery down under to Australia...
Casino Canberra In Nations Capital Tipped To Get Pokies; Punters Rejoice After 18 Years...
Punters in Canberra may not have to wait much longer before they can play the likes of Cleopatra, Black Rhino, Where's The Gold, Gone Fishing, Top Gun, Monopoly, Outback Jack and the rest of their pokie friends, some of which are found via online portals like Media Man International and Casino News Media.
Casino Canberra have been fighting for pokies for 16-years to operate the 'one armed bandits' out of its Glebe Park gambling den. ACT Labor Party insiders have leaked that former treasurer Ted Quinlan will recommend in his considerable review of the region's revenue base that the casino be allowed to operate machines in the venue. The casino has been lobbying to have pokies since 1995, when it says the opening of 'Sin City' Sydney's Star City Casino whacked them in the guts. Last year it raised the stakes by offering the ACT Government a whopping $10 million one-off payment simply to be allowed to operate the machines. To date the Government has not budged and refused flat out to permit any departure from Canberra's "not-for-profit" business model of distribution of machines. The ACT Labor Party snatched in excess of $600,000 in revenue from its Labor Club pokies operation last year, according to returns from the ACT Electoral Commission. Gaming Minister Andrew Barr has refused to discuss the matter as we go to print. Mr Quinlan has been commissioned to conduct a "root-and-branch review" of the entire ACT tax system, including gambling revenues, and it's understood he told party colleagues that he was preparing to recommend that the casino be granted its long time wish for 200 machines. It's believed that Quinlan noted that the Productivity Commission observed last year, "the prohibition on Canberra casino's operation of gaming machines is difficult to justify". Quinlan refused to confirm or deny the reports as we approach print. "I won't enter into the discussion". Casino Canberra marketing manager Peter Cursley said a recommendation from the Quinlan Review for pokies at the casino would be acknowledging the weight of evidence. "There's been a number of government-commissioned reports," he said. "All those reports have all either suggested that there should be machines in the casino or stated that there would be no harm done by machines in the casino." The casino has long argued pokies would contribute 30% in gross gaming revenue tax, delivering an annual revenue stream of about $4 million to the ACT Government. Canberra punters have been patiently waiting over a decade to play classic slots like Cleopatra, Monopoly and Wheel Of Fortune in their home state of Canberra and insiders are tipping the casino may just grant them their wish within the next few months. Time will tell if it would be a true win - win - win, but Casino Canberra would surly win. Canberra based players continue to play online poker machines in the meantime or travel to Melbourne's Crown or Sydney's Star City...of course in search of the elusive jackpots.
NRL Clubs Look To Make Up For Shotfall; Result Of Proposed Pokie Law Changes...
The National Rugby League clubs in 'Sin City' Sydney have a list of requests (getting closer to demands we hear) to offset the effect on their takings, should the Aussie government implement proposals like 'smart cards' onto 'one armed bandits' (slots aka pokies). The licensed clubs which are behind the footy clubs estimate the dip in revenue and cost of implementing the changes in attempt to reduce problem gambling will force them to cease many community support initiatives, like nurturing up and coming junior players, helping out aged care, schools and the like. It's the flow on effect. Should the federal government keep at these gaming reforms, clubs reckon a couple of things will assist them on the bean counter side of things...
The election of a Coalition government in NSW
A billion-dollar broadcasting deal for rugby league
A High Court decision upholding a turnover tax on wagering
The NSW state election will be on March 26 and Labor is set to go down for the count in spectacular fashion. The Coalition (Liberals and Nationals) have inked a memorandum of understanding with Sydney's whale size licensed clubs giving them tax relief on pokies, snatching St George Leagues Club (The Dragons) $800,000. Clubs with larger gambling revenue (Penrith Panthers and Canterbury Bulldogs), will also get more of the action. St George's annual contribution to football is $3 million: $2.7 million is put aside to the NRL team and $300,000 to the club's junior representative teams. Media deals can also be a big part of the financial future of clubs. The clubs are seeking a billion-dollar TV rights deal. This would effectively raise the NRL's revenue from broadcasting by a massive 50%, and would be expected to double the NRL's annual grant to its 16 clubs, currently at $3.5 million. We will have to wait until the conclusion of the end of next season to see what happens with the TV contract. Free-to-air rights holder, Network Nine, has committed to pay more for the content, while Network Ten and Channel Seven have advised they are in the running to make bids to attempt to snatch the TV rights offerings. Tax is always a big thing for business. A 1.5 per cent turnover tax on wagering, is tipped to increase NRL revenue by as much as $20 mill. Sweet money if you can get it. This would facilitate the NRL to grab higher product fees, further increase annual club grants and thus reduce clubs' dependence on 'one armed bandits'. The news is not all good for the clubs. Friday's High Court decision granting Northern Territory corporate bookmakers and Betfair leave to appeal against a Federal Court decision upholding the turnover tax may play on the minds of the Sydney NRL club powers that be. It does't mean the High Court will reverse the Federal Court decision that gives legitimacy to product fees being based on the existing gross profit model, however NRL clubs would have preferred the High Court did not grant leave to appeal. The federal government's agenda to address problem gambling is set out in a memorandum to the presidents of licensed clubs on March 3 we understand. The Minister for Families, Housing, Community Services and Indigenous Affairs, Jenny Macklin, favours a pre-commitment scheme where "We use technology to give people a tool, at the beginning of a gambling session, to think about how much they want to spend, set limits and stick to them. Under the model recommended by the Productivity Commission, players can set the limit as high or low as they like and players could choose no limit at all if they prefer." In a letter to the minister on March 9, the general manager of St George Leagues Club, Danny Robinson, set out his board's concerns. "This club cannot afford to spend the estimated costs of $6 million on the required technology to implement such a system. The expected reduction in revenue for this club would be $14 million per year which, together with the costs associated with the implementation of mandatory pre-commitment, would cause this club to close. Closure of this famous club would result in the loss of jobs for hundreds of workers and the loss of facilities enjoyed by over 30,000 members. The club's current contribution of over $4 million per year for sport and sporting facilities would be lost to the community … The club's annual contribution of $300,000 to local hospitals and children with special needs would also be lost." Robinson stages the flow on effects would occur without guarantee a pokie pre-commitment system would work. The system hasn't worked well in other countries with many experts, private and government saying the system is a failure, and a waste of time and money. Gamblers will continue to gamble, especially problem gamblers, with lots of loop holes - fake ID, makes cards, club hopping, removing fingerprints and all manner of other cleaver tactics, in attempt to outsmart 'Big Brother'.
Australia's Aristocrat Rumoured Signed Deal With Online Gaming's Game Account; Other Online Casinos Also Look For New Games...
The whale size casino games provider Aristocrat which supplies some of the hottest casino games to land based casinos around the world has inked a deal with the online gambling company Game Account to provide gaming content to their impressive portfolio of games. GameAccount network who are licensed by Alderney Gambling Control Commission has stated that this deal will be an endeavor to bring Aristocrat's vast library of gaming content to regulated online gaming websites. The initial focus of this new partnership will be based on the European market because the company is based in London and will eventually spread to other regulated markets. Online gamblers are hanging out for high quality content with better gaming experiences and as the online gaming industry grows and matures they plan on providing exactly that, stated Gillian Findlay, the General Manager for Aristocrat. Aristocrat’s games have been hits for many years across the globe and now the goal is to bring these highly recommended games to the online world. In order to make this happen teaming with Game Account which has a robust platform to host their games is a good start and with their relationships with trusted online operators and with the players that frequent their gaming sites this partnership is tipped for success. This new partnership will see a broad selection of Aristocrat games including their best, such as 50 lions and Dolphin Treasure as well as some new and exciting games being developed. Dermot Smurfit the managing Director for Game Account Network said "We are delighted to enable Aristocrat to bring its market leading slots to the online gaming market in Europe.” PartyGaming's PartyCasino.com and Virgin Enterprises Virgin Casino have also been adding new games to the portfolio of late, with NextGen Gaming tipped to add more in the coming months. Party's in house team 'The Games Studio' continues to work on more Hollywood themes and some website portals are also developing their own games, with some work been outsources. Could it be that Gambling911 or Media Man might soon have it's own themed slot games? IGT also continues to release new games via its online arm, WagerWorks. The land based sector of the gambling world continues to get into bed with its online counterpart. Stay tuned.
Adelaide Casino Switches Off Outdoor Pokies...
The Adelaide Casino has turned off poker machines which are installed in its outdoor smoking area, due to some people power pressure. The gaming section was opened last week and has 20 outside poker machines enabling people to gamble while smoking. Some MPs expressed concerns that casino operator SkyCity was trying to exploit a loophole in South Australia's smoking laws, pointing out pubs could not install outdoor pokies. SA Premier Mike Rann said the move was not a good look for the Adelaide Casino. "What they've done looks to most people like trying to get round the rules," he said. "Now if it's legal and there's a loophole then we should look at closing that loophole. "I would like to see the casino do the right thing and I think at the moment what they've done is the wrong thing." SA Gambling Minister Bernard Finnigan has asked gambling control authorities to prepare a report for him. "I've asked the Liquor and Gambling Commissioner for a full report on the matter as to what the current regulations are," he said. "We're certainly committed to making sure that we have smoke-free gambling areas in the casino and elsewhere." Independent Senator Nick Xenophon said SkyCity Casino was exploiting a loophole in legislation by putting machines outside. "We know from the research there's a clear link between gambling and smoking, particularly with poker machines," he said. "Now it can continue, people playing, because they don't go out to get a cigarette break. "It clearly is a breach of the spirit of the legislation. It's a loophole and the Government needs to act now." Independent MLC John Darley also said he would demand the Government act. In a statement, casino general manager David Christian said authorities were notified last December the casino would be putting machines in the area, which was licenced for gambling decades ago.
Former Legal Eagles Ordered To Pay $637k For Trust Breach...
An ex Melbourne lawyer who stole from clients to pay for a gambling addiction, has been ordered to pay $637,000 to the Legal Services Board for breach of trust. Gabriel Werden lost his right to practice law and was sentenced to almost six years in prison in 2006. He was convicted of a string of theft charges and obtaining financial advantage by deception, after admitting he stole $1.1 million from nine clients. Werden claimed he was being threatened by loan sharks, who were helping to pay for his gambling addiction at Crown Casino. The Victorian Supreme Court this morning ordered Werden to pay the Legal Services Board $637,000 for breach of trust.
CEO Magazine Rejects James Packer Interview Rumour...
Bean Media Group, publishers of the influential and highly-regarded business publication, The CEO Magazine, have today refused to confirm reports that The CEO Magazine will be conducting an exclusive interview with Australian businessman, James Packer. The CEO Magazine is Australia's leading business magazine focused directly at high-level executives in Australian companies. The CEO Magazine is a bi-monthly title that provides its readers with a wealth of articles discussing business strategy, expert opinion, analysis, corporate case studies, emerging trends, leadership, growth opportunities and challenges facing our country's leading business leaders. The CEO Magazine explores how Australian businesses can improve the way they manage their operations, staff, technology and supply chains with a view to creating a more profitable and successful business. Whilst The CEO Magazine is extremely meticulous in selection for interviews within the title, rumours of a one-on-one interview with James Packer have surfaced this week. "Due to the high profile nature of The CEO Magazine, it is impossible for us to confirm who will be included in upcoming magazines until publication date. Content is kept strictly between the publisher and any leading senior executive that have been chosen for selection," said a spokesperson for publisher, Bean Media Group. The next issue of The CEO Magazine is due out next month. About The CEO Magazine, Australia's leading business title specifically for high-level and senior executives. The publisher of The CEO Magazine is Bean Media Group, a multi-award-winning media company based in Sydney, Australia.
Media Man Looks To Get Own Branded Slot And Classic Games...
In a scoop word leaked that Media Man International has put feelers out for its own branded slot and classics casino games. The rumour mill leaked that they had seen a couple of other websites develop their own games over the years, and they basically feel its time to do the same thing, as a natural part of their business development. They have just started making enquiries to the likes of NextGen Gaming, PartyGaming, Virgin and IGT. Gambling911 is understood to have the exclusive on this one, so yet another reason to not change your dial, unless you want to hop on over to Media Man Int in case any more leaks in the story open up. Media Man often breaks news on its blog network before the site, so that's the tip punters.
Readers... er, punters, how did you like our report? 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. Gaming is just one of a dozen sectors covered
Online Casinos, Online Poker and Sports Betting...
Ok readers, we hear you... you also want to know some of the best places to play online (that accept Aussies) if your in or around the Asia Pacific - Australia (including Tassie) and New Zealand, so here it is...
PartyCasino.com (Many of the world's best slot games. Aussies and Kiwi's welcome).
Captain Cooks Casino
Betfair (sports betting only)
PKR.com (poker, slots including Marvel slot games and sports betting)
PartyPoker.com (online poker at one of the world's most respected poker rooms and gaming brands)
Profiles
Australian Casinos
World Casino Directory
Global Gaming Directory
Casino Travel
Casinos
Australia
Media Man and Gambling911 remind our readers to keep the following in mind:
Take the time to research and learn games before placing down money
Media Man, Casino News Media and Gambling911 are website portals. Not casinos as such, however are recognised as world leading websites that cover the sector and act as central points to games, news, reviews and more.
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. Gaming is just one of a dozen sectors covered
*The writer owns shares in Crown Limited and Network Ten
Website Network
Media Man International
Media Man
Media Man Australia
Media Man Canada
Media Man Games
Media Man Brand
Media Man Network
Casino News Media
Poker News Media
Australian Casino News
Casino News Australia
Global Gaming Directory
Tuesday, March 15, 2011
Casino News Media: Merger Between bwin and PartyGaming Planned to Complete on 31 March 2011
March 15, 2011 - Merger Plan Requirements Now Met in Austria
Following the almost unanimous approval of the merger at the extraordinary general meetings of both bwin Interactive Entertainment AG (bwin) and PartyGaming Plc.
(PartyGaming) on 28 January 2011, the proposed merger was formally entered into the companies' register by the Vienna Commercial Court on 15 March 2011. Subject to the formal approval from the supreme court in Gibraltar, the merger is expected to complete on 31 March 2011.
Share trading on the stock exchange
bwin shares (ISIN AT0000767553) will cease trading on the Vienna Stock Exchange at close of business on 25 March 2011. For administrative reasons, trading in bwin shares on the Vienna Stock Exchange must be suspended for three days prior to completion and also on the day of completion itself (31 March 2011). On 1 April 2011, existing bwin shareholders will receive 12.23 bwin.party depositary interests (ISIN GI000A0MV757) for each bwin share free of charge. These depository interests can then be traded on the London Stock Exchange under the ticker symbol BPTY.L.
The exchange ratio of 12.23 bwin.party depositary interests for each bwin share will result in so-called 'fractional entitlements', rights to fractions of bwin.party depositary interests that cannot be traded on the London Stock Exchange. In accordance with the terms of the merger, these entitlements will be disposed of, and the proceeds of sale credited to the original beneficiaries (former bwin shareholders) in a process that may take up to two weeks. The disposal of fractional entitlements is also without cost to bwin shareholders.
Anti-trust approvals received
Following the approval of the merger in Germany by the Federal Cartel Office and in Austria by the Federal Competition Authority, bwin has now also received anti-trust approval from the relevant authorities in Romania.
Dividend
The new bwin.party depositary interests will carry a dividend entitlement with effect from 1 January 2010. The company's dividend policy will be determined by the new board of bwin.party digital entertainment plc over the next few months.
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.
Websites
PartyCasino.com
PartyPoker.com
World Poker Tour Casino
Profiles
PartyGaming PartyCasino PartyPoker PartyBingo Circus PartyCasino Marvel Slots The Big One Melon Madness Casino World Poker Tour PartyCasino Promotions
Website Network
Media Man Int
Media Man
Media Man News
Media Man Network
Media Man Brand
Media Man Games
Casino News Media
Poker News Media
Global Gaming Directory
March 15, 2011 - Merger Plan Requirements Now Met in Austria
Following the almost unanimous approval of the merger at the extraordinary general meetings of both bwin Interactive Entertainment AG (bwin) and PartyGaming Plc.
(PartyGaming) on 28 January 2011, the proposed merger was formally entered into the companies' register by the Vienna Commercial Court on 15 March 2011. Subject to the formal approval from the supreme court in Gibraltar, the merger is expected to complete on 31 March 2011.
Share trading on the stock exchange
bwin shares (ISIN AT0000767553) will cease trading on the Vienna Stock Exchange at close of business on 25 March 2011. For administrative reasons, trading in bwin shares on the Vienna Stock Exchange must be suspended for three days prior to completion and also on the day of completion itself (31 March 2011). On 1 April 2011, existing bwin shareholders will receive 12.23 bwin.party depositary interests (ISIN GI000A0MV757) for each bwin share free of charge. These depository interests can then be traded on the London Stock Exchange under the ticker symbol BPTY.L.
The exchange ratio of 12.23 bwin.party depositary interests for each bwin share will result in so-called 'fractional entitlements', rights to fractions of bwin.party depositary interests that cannot be traded on the London Stock Exchange. In accordance with the terms of the merger, these entitlements will be disposed of, and the proceeds of sale credited to the original beneficiaries (former bwin shareholders) in a process that may take up to two weeks. The disposal of fractional entitlements is also without cost to bwin shareholders.
Anti-trust approvals received
Following the approval of the merger in Germany by the Federal Cartel Office and in Austria by the Federal Competition Authority, bwin has now also received anti-trust approval from the relevant authorities in Romania.
Dividend
The new bwin.party depositary interests will carry a dividend entitlement with effect from 1 January 2010. The company's dividend policy will be determined by the new board of bwin.party digital entertainment plc over the next few months.
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.
Websites
PartyCasino.com
PartyPoker.com
World Poker Tour Casino
Profiles
PartyGaming PartyCasino PartyPoker PartyBingo Circus PartyCasino Marvel Slots The Big One Melon Madness Casino World Poker Tour PartyCasino Promotions
Website Network
Media Man Int
Media Man
Media Man News
Media Man Network
Media Man Brand
Media Man Games
Casino News Media
Poker News Media
Global Gaming Directory
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