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2012-01-29T12:11:00.002+11:00

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Aussie Millions At Crown Casino, Melbourne: Phil Ivey Wins 2012 Aussie Millions $250,000 Super High Roller

2012-01-29T12:06:00.001+11:00

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James Packer’s Crown Casino continues to host the annual Aussie Millions Poker Championships. Here's the latest on one of the world's most prestigious poker tournaments.

The 2012 Aussie Millions $250,000 Super High Roller commenced on Saturday and went till the wee hours of the morning on Sunday.

Phil Ivey snatched the $2,000,000 first-place prize after defeating Patrik Antonius heads up.

The last live tourney Ivey showed for was back in November for the APPT Macau, but there was no win back then.

First, he placed 12th in the Main Event for $100,000, and then went on to get the largest score of his career by winning the Super High Roller.

The event attracted 16 players, and they all had to buy in with 6 figures - no misprint. The top three spots were set to be paid and a bubble of $800,000.

Among the stars taking part in the event were last year's champion Erik Seidel, last year's runner-up Sam Trickett, Tom Dwan, Jason Mercier, John Juanda and Sorel Mizzi. In addition, the event had a handful of businessmen including Richard Yong, Paul Phua and Winfred Yu.

The first player eliminated was Dwan, who went down at the hands of Gus Hansen. After the elimination of Nick Wong, Seidel busted during Level 5. He exited thanks to $100,000 Challenge winner Dan Smith after his pocket eights couldn't overcome Smith's jacks.

After Yu got out in sixth place and Mizzi in fifth, the largest bubble of the year was set to take place. The two players joining Ivey and Antonius were Daniel Negreanu and Gus Hansen. From that bunch, the only man not doing so well was Negreanu, who turned out to be the bubble boy.

On his final hand, Negreanu was all in from the big blind with the during the 5,000/50,000/5,000 level for around 750,000 after Antonius raised to 100,000 from the button. Antonius called holding two jacks and was able to hold up as the board ran out .

Hansen was the next to go down, collecting $800,000 for his finish after getting all in on the flop with the against Ivey's. Ivey built to full house and then the river completed the board.

When heads-up play began, Ivey held a slight lead with 2.2 million in chips to Antonius' 1.8 million. He won a big pot about 45 minutes into the match to extend his lead to 7:1 before the final hand came up.

Antonius was eliminated in second place. For his runner-up finish, Antonius snatched $1,200,000.

With his win, Ivey leaps over Negreanu into second place on the all-time money list. Even with his long absence from tournaments, Ivey performed awesomely at Aussie Millions. Many think Ivey is the greatest player in the world.

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World's Biggest Gamblers; History Of Bets At Casinos - Kerry Packer, David Walsh Et Al

2012-01-28T11:08:00.000+11:00

Lloyd Williams plays blackjack with the late Kerry Packer at Melbourne's Crown Casino

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Want to try your luck at a casino? ... Land based or online - there's all sorts of options out that, but first here's some real life stories regarding whales aka VIP high rollers at casinos, the racetrack and elsewhere.

PS: how about those Aussies - they will bet on anything won't they. World's biggest gamblers we heard.

Zeljko Ranogajec – Bookies beware! Allegedly, the world’s biggest gambler is an Australian billionaire of Croatian descent. After studying law in Tasmania, Ranogajec got a job in a casino where he learnt the tricks of the trade. Starting with an initial stake of hundreds, he went on to win millions on casino betting before turning his attention to horses. He now employs a full staff to compare odds and find him the best bets, putting around $1 billion a year on races around the world.

Kerry Packer – Staying Down Under, the late Kerry Packer was the media-mogul who was a thorn in Rupert Murdoch’s side – and a prolific gambler. This was the man who would happily walk into casinos and wager millions, supposedly losing $28 million in three weeks of gambling while in London. Another time he lost $15 million on the roulette tables, the staff saying he walked out with "no regrets". However, on his better days he has won up to $7 million in one casino betting session. There’s even a legend that Packer made a bet of $100 million dollars on the toss of a coin, but his opponent backed down.

Akio Kashiwagi – Known as ‘The Warrior’, this Japanese businessman became a casino legend before meeting a violent end. A master of baccarat, he regularly wagered $200,000 a time in US casinos, once winning $6 million in one night. However, he wasn’t always so lucky; he died in 1992 after being stabbed 150 times with a samurai sword while still owing casinos millions.

Archie Karas - Perhaps the most extraordinary of recent legendary streaks is possessed by Mr. Archie Karas, a Greek immigrant, who in 1992-1993 had one of the greatest runs in Vegas history. Starting with a borrowed stake of ten thousand dollars, Archie went on a rampage of poker at Binion's Horseshoe, defeating 15 of the world's greatest poker players in head-to-head competition, including World Champions Chip Reese, Stu Unger, Puggy Pearson, and Johnny Chan. When he ran out of poker competitors, Archie headed to the Horseshoe's craps tables where he won millions more. At one point in his run, Archie possessed all of the Horseshoe's $5,000 chips -- over 11 million dollars worth. When the run was over, Archie was up over 17 million dollars between poker and craps, all at the Horseshoe.

Betfred vs Betvictor – The names behind two of the biggest high street bookies were involved in what may have been the biggest sports betting wager in British history. Fred Done of Betfred fame and Victor Chandler of Betvictor bet on the outcome of the Premier League in 2005. Fred and Victor supported Manchester United and Chelsea respectively, so they wagered £1 million, as you do. It was Chelsea who came out on top and Done paid up in one of the best bets we’ve seen; what could be better than two sports betting giants walking it like they talk it?

Steve Whitely – Arriving by bus with a free ticket to watch racing at Exeter, 61-year-old heating engineer Steve Whitely turned a couple of quid into millions back in March last year. He didn’t bother to compare odds or make an effort to find the best bets, he just used his two pounds to make a Tote bet. A few hours later and he was minted after winning the jackpot when he correctly predicted all six of the winners. So, what is Steve’s sage advice to budding punters who want to win millions? “I like racing, yeah, but I don’t know nothing about it, do I?” Cheers Steve.

David Walsh - Not a great deal is know about this Tasmanian - Australian, but he founded MONA - (Museum of Old and New Art). Australian press has described him in a few colourful ways, such as - "multi-millionaire professional gambler and one of the nation's leading art collectors - dismisses himself as "just a privileged guy with a megaphone". He might be right. But the world is about to discover just how wonderful, disturbing, beautiful and occasionally challenging that megaphone is". In the second year of his science degree at the University of Tasmania, he was asked by friends to develop a model that would enable them to win at blackjack in the nearby Wrest Point Casino. When he discovered that the scope for winning at card games was limited he dropped out of his degree and, for most of the ’80s and early ’90s, spent 100 or more hours per week developing a mathematical model that would enable him and his partners to win at other forms of gambling, especially horseracing. This he now pursues on a large scale in a number of countries. There is a network of people involved in Walsh’s outfit, most notably his business partner of 30 years, Zeljko Ranogajec. Walsh met Ranogajec at university where the latter studied law and economics before he too dropped out to pursue a career in gambling. Walsh describes Ranogajec as a “relentless motivator and a loyal friend” who, despite not sharing his interest in art, has provided financial support for his collecting mania “whenever my cashflow dried to a trickle”. As Walsh inelegantly puts it: "I am throwing the shit, he is happy to be the fan. And he doesn’t even like the shit."

Other names whose win/loss positions move in the multiple millions in a single night include Malaysian tycoons Tan Sri Lim Kok Thay and Quek Leng Chan, Indonesia’s Putera Sampoerna, and Hustler founder Larry Flynt.

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Virgin Bingo launches brand new advertising campaign

2012-01-27T19:31:00.001+11:00

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James Packer and Richard Branson

Wednesday 25th January, 2012: Virgin Games, the leading online gaming company, has launched a brand new television advertising campaign for its bingo site – Virgin Bingo.

The latest advert is part of a £500,000 marketing campaign to run in the first quarter of 2012. It is a new concept for Virgin Bingo and is a departure from its previous animated advertisements. The new ad takes on a Willy Wonka meets Virgin theme. Staged in an imaginary factory where Virgin Bingo is made, a woman is taken on a backstage tour of the fantastical premises where Oompa-Loompas have been replaced by happy, dancing Virgin staff. The new commercial also introduces Virgin Bingo’s new welcome bonus: “Deposit £10 and play with £35”, as well as new exclusive Virgin Group prizes.

The campaign focuses primarily on women aged between 25 and 54 - the core target market for online bingo - with day time scheduling on channels such as Five, a range of Sky UK and ITV digital channels.

The 30 second advert was produced by ABF Pictures with Manning Gottlieb OMD acting as media planners and buyers. The advert is scheduled to run for multiple campaigns throughout the year across both terrestrial and freeview channels.

Simon Burridge, CEO of Virgin Games, commented: “This new advert has a flavour of Willy Wonka for adults about it. It has lots of energy, excitement and fun – just what consumers have come to expect from a Virgin advert.

“We first advertised Virgin Bingo on TV in 2010 and have witnessed fantastic customer acquisition rates as a result. We’ve found that TV advertising is a natural fit for bingo. Consumer trust and a sense of security and familiarity are very important attributes for a bingo brand. Being part of the Virgin brand helps to reassure customers that they are playing with a reputable company, while TV ads raise awareness of our existence and help to reinforce that trust and brand awareness.”

Matt Barraclough, Creative Director at ABF Pictures, commented: “We were thrilled to have the opportunity of working with the Virgin Games team. A brand like Virgin allows us to think bigger and look at online bingo in a different way. We wanted to stand out from traditional bingo commercials and do it in a very Virgin way.

“The commercial itself was produced over three months. The action was captured on green screen and the entire factory backdrop was then created using 3D modelling and animation. The inspiration for the advert was the core Virgin brand values: Fun, Value for Money, Innovation, Quality, Competitive Challenge and Brilliant Customer Service. We combined these values and used iconic Virgin styles to create an exciting and memorable advert.”

Founded in 2004, Virgin Games has over 1,000,000 players and over 295 games on its site. Through the introduction of a custom built Virgin Games platform in 2008, Virgin Games seeks to provide its players with the widest possible choice of casino games.

*Sorry, Virgin Games does not currently accept U.S, Canadian, New Zealand or Australian players. See World Casino Directory.

Arnold Schwarzenegger and Richard Branson

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Packer's Melco Crown eyes $2b in new debt - 19th January 2012

2012-01-20T19:34:00.001+11:00

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James Packer’s Melco Crown joint venture, one of the six licensed casino operators in Macau, is looking to raise up to $US2 billion ($1.92 billion) in debt to fund a new project in the former Portuguese colony, according to sources.

Proceeds will finance Melco's plans to build Macau Studio City, a $US2.5 billionn-plus gaming and entertainment resort on the developing Cotai strip, said one source.

The debt funding will feature a loan-cum-bond combo with the loan expected to be for around $US1.25 billion and the US dollar bond for the remainder, according to another source. The borrower is in discussions with banks for the loan financing and is seeking underwritten commitments.

Melco's last visit to the loan markets was in May 2011 when it raised $US1.2 billlion through a dual-tranche financing comprising an $US800 million term loan and a $US400 million revolver. The term loan amortises to 50 per cent and has a two-year grace period. The blended average life is 4.1 years.

ANZ, Bank of America Merrill Lynch, Bank of China Macau, Commerzbank and Deutsche Bank were coordinating lead arrangers and bookrunners on the fully underwritten facility. The deal paid top-level blended all-ins of 208-308 basis points over Libor.

In May 2010, Melco raised $US600 million through an eight-year non-call four global bond paying a coupon of 10.5 per cent.

Melco is a joint venture between Mr Packer's Crown and Lawrence Ho, son of the Macau gaming mogul Stanley Ho. Crown has a 33.4 per cent stake in Melco Crown Entertainment, which runs the Altira Macau and City of Dreams casinos.

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Virgin Casino Releases Andre the Giant Slot Game

2012-01-19T02:46:00.000+11:00

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*sorry, no U.S, Canadian, New Zealand or Australian players. See World Casino Directory

Richard Branson's Virgin Casino announced the release of its latest slot game entitled Andre The Giant this week.

Virgin is in the batch of the first casinos to get this amazing slot game. PartyCasino.com is tipped to also host the pro wrestling themed game.

The new wrestling slot game is a Microgaming flash casino game that is based on the iconic World Wrestling Entertainment star Andre the Giant. It has been launched on the QuickFire platform and is fully licensed by CMG Worldwide.

This 5 reel, 25 pay-line slot game has symbols that revolve around the professional wrestling entertainment genre. Players can wrestle with symbols such as the Andre the Giant logo as the scatter, an image of Andre the Giant acts as the wild and there are additional symbols such as the wrestling ring, championship belt, the mask and tickets.

The biggest pay out a player can win from this game is 5,000 coins and this occurs when five matching symbols appear on the same pay-line. Players can then multiply their winnings by playing a game of Hi or Lo with cards.

The Andre Goes Wild feature round allows the wild symbol to expand to cover all three positions on the reel. This will only occur if the expansion results in a winning combination. The wild symbol only appears on reels 2 and 4 during the game.

If two or more Andre the Giant logo scatter symbols appear on the reels at any one time this will activate a scatter pay out. The scatter pay out for hitting five scatter symbols is 200 coins. If a player hits three or more scatter symbols then they will trigger the Battle Bout Bonus round.

In this round, the player is giving 10 free spins. Throughout these 10 free spins, Attack symbols are collected and saved for the second phase of this bonus round. These symbols are some of Andre the Giant signature wrestling moves. Once the free spins finish, the player then takes the Attack symbols collected into the next part of the bonus round where they pick an opponent to fight and then unleash the Attack symbols on that opponent.

Opponents include Flame Bro, Jimmy Iron Legs and Voltage Van Zandt. No, Hulk Hogan or Jake "The Snake" Roberts are not in the game, but we hear both of these wrestling icons are interested to have their own slot game, and Hogan's wish will be coming soon later this year.

If Andre the Giant hits the opponent then the player wins bonus credits. If Andre the Giant hits the opponent three or more times then the player can select one of Andre the Giant’s finishing moves to win the bout and earn multiple bonus credits.

The Andre the Giant slot game is available to play Virgin Casino right now and Virgin offer some of the best online casino bonuses on the planet so ring the bell!

*Andre The Giant fans may also like The Incredible Hulk online slot. Hulk Hogan purchased the Hulk naming rights to use "The Incredible Hulk" from Marvel Entertainment in a multi million dollar deal approximately 20 years ago.

*Australian, New Zealand and Canadian players - try other Hollywood and branded slot games at PartyCasino.com

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Poker News Media: Aussie Millions Poker Championship At Crown Casino, Melbourne, Australia

2012-01-15T13:44:00.001+11:00

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If there’s one thing the Australians love more than gambling it’s sport and for them poker is fair game. This means that once the cards hit the felt at the Aussie Millions you can expect a raucous atmosphere from the crowds inside the Crown Poker Room. Indeed, since its inception the Main Event has grown immensely from just 133 runners in 2004, to 681 runners in 2009 and 721 in 2011.

The Aussie Millions is considered to be one of the game’s crowning majors – on a par with the WSOP or the WPT World Championship – and for good reason too. The Melbourne-based tournament is situated in one of the most desirable locations in the southern hemisphere and will again be hosted at the world-class Crown Casino complex, where all manner of poker action will unfold from January 12–30.

As ever the 2012 Aussie Millions schedule will be highlighted by the AU$10,600 Main Event, a five-day behemoth that last year awarded a staggering AU$2 million to winner David Gorr, but that will be just one of the 26 events on offer this year. Perhaps one of the more eye-catching side events taking place will be the $100,000 Challenge – a two-day event that will pit a granite-hard field of the game’s elite against one another for a total prizepool that last year exceeded AU$3,800,000. But while that blue chip tournament may well be out of reach for all but a select few of poker’s established Illuminati, there will be plenty of mid-high-stakes action for the more budget-conscious traveller, as outlined on the schedule at www.aussiemillions.com

Aussie Millions highlights

So, what should you be playing to keep yourself busy in January? Here’s our pick of the action over the fortnight. (All entries are in Australian Dollars.)

January 12–15 - $1,000+100 - NLHE Freezeout

January 16–18 - $1,000+100 - PLO

January 17–19 - $1,100+100 - NLHE Shootout

January 21–22 - $1,500+150 - NLHE Bounty Event

January 22–28 - $10,000+600 - NLHE MAIN EVENT

January 22–23 - $100,000+500 - NLHE $100,000 CHALLENGE

January 23 - $4,750+250 - Chinese Poker

January 25–26 - $2,250+250 - H.O.R.S.E.

January 29–30 - $10,000+500 - 8-Game Mix

Two Poker Players Disqualified from Aussie Millions - 13th January 2012...

Two poker players were nabbed attempting to re-enter a player at the Aussie Millions Poker Championship, resulting in both players being disqualified and banned from Crown Casino.

The Aussie Millions tournament is one of the most prestigious tournaments in the world, and the largest event of the year taking place in Australia. This year's series began with a $1,100 event that saw 274 players participate on the first of three starting day options.

The cheating matter commenced when one player was eliminated early on the first day. A few minutes later, an attentive tournament official recognized the same player sitting at another table with a new stack of chips.

It was then revealed that the player was using another poker players chips to continue in the tournament. After discussion with the player, it was revealed that a second player had realized that he could not play on Sunday, the Day 2 when all three starting day fields will merge together. Realizing this, and noticing that another player he knew had been bounced from the tournament already, he waited for a table break and then handed his stack off to the previous eliminated player.

Once the cunning scheme was uncovered, both players were immediately disqualified from the tournament. In addition, both players have been banned from the Crown Casino for a yet-to-be-determined length of time.

The identities of the two players have not been released, but we suspect that names will go public sooner rather than later.

The 2012 Aussie Millions will feature a total of nine official events, including the Main Event, which will commence on January 22, as well as a $100,000 Challenge beginning on the same day.

In addition, the Aussie Millions will celebrate the 10th anniversary of this tournament by staging a Tournament of Champions on January 21. This event will feature the previous nine event champions in a single-table event, with the winning earning free lifetime entries into the Aussie Millions Main Event.

Aussie Millions Announces Tournament Of Champions To Celebrate 10th Anniversary...

The world famous 2012 Aussie Millions Poker Championship commenced Thursday with the $1,000 No-Limit Hold’em Opening Event. Crown told the press that in celebration of the Aussie Millions’ 10th anniversary, a special Tournament of Champions will be held on Saturday, Jan. 21...one day day before the Main Event.

Tournament officials have confirmed that eight of the nine Aussie Millions champs will attend. Only Alexander Kostritsyn, 2008 winner, will be unable to attend as his partner is due to give birth at that time.

The eight players who will attend are Peter Costa (2003), Tony Bloom (2004), Jamil Dia (2005), Lee Nelson (2006), Gus Hansen (2007), Stewart Scott (2009), Tyron Krost (2010), and David Gorr (2011).

The champions will compete for a "golden ticket," which will award the winner a lifetime of buy-ins to the Aussie Millions Main Event.

"I’m really excited about having all of the former champions return to celebrate our 10th anniversary,” said Christian Vaughan, tournament director at Crown. "This will be the first time Jamil Dia has been back since his win in 2005 and we haven’t seen Peter Costa in many years. It’s thrilling to have all these great players under the same roof and battling it out for a lifetime freeroll at the Aussie Millions.”

The 2012 Aussie Millions features 26 events and runs through Jan. 30.

May the best player win.

Bwin.Party Digital Entertainment's PartyCasino

PartyCasino.com is one of a number of Bwin.Party Digital Entertainment 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 $4 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 War Of The Worlds, Atomic Fruit, Aztec Gold, Sin City, Robin Hood, Shaaark! SuperBet, Crocodopolis, Alice's Wonderland, Glamour Puss, Super Cubes, Heist, Palladium Slot and Circus Slot.

Bwin.Party Digital Entertainment Co 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 selection of promotions this month which are some of the best available in the industry today.

Media Man, Casino News Media and Global Gaming Directory do have a b2b relationship with Bwin.Party Digital Entertainment, as they do with dozens of other companies in the gaming, igaming, media and entertainment industry.

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bwin.party enters Danish market; PartyCasino Big Cash Hunt and Top Floor promotions - 4th January 2012

2012-01-09T12:35:00.001+11:00

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The world’s largest listed online gambling operator, bwin.party Digital Entertainment, has launched online poker and casino games in Denmark for Danske Licens Spil, a wholly-owned subsidiary of state monopoly Danske Spil that posted a turnover of $1.8 billion in 2010.

“Building on our recent announcement regarding deals with both MGM and Boyd in the US market, this is another important milestone in the execution of our stated strategy that is focused on securing leadership positions in regulated and to-be-regulated markets,” read a statement attributed to Jim Ryan and Norbert Teufelberger, Co-Chief Executive Officers for bwin.party.

“We are delighted that Danske Licens Spil has recognised our expertise and high standards of business practice and we look forward to building a market-leading customer offer for the Danish consumer.”

Big Cash Hunt

16th January - 27th January

Play slots and jackpot slots at PartyCasino.com and win £2000 casino bonus in the Big Cash Hunt tournament in January.

PartyCasino is giving you the chance to bag a share of over £130,000 in the Big Cash Hunt. Play any of the slots and jackpot slots at PartyCasino to go shooting up the leader board.

Points earned on slots and jackpot slots during the promotional period will count towards the promotion. Get double points when playing on Circus slot to get the most out of the Big Cash Hunt.

Top Floor

Enter a penthouse full of cash

Starts: 00:00 ET, 10th January
Ends: 23:59 ET, 15th January

You’re about to hit the Top Floor of the casino where you can win more than $10,000 in cash bonuses – this exclusive area is only accessible to VIP players.

Opt in, collect points playing slots and jackpot slots over the next 6 days and you can win one of these prizes:

Points Prize
1,500 $125 cash bonus
3,000 $300 cash bonus
6,000 $600 cash bonus
10,000 $1,300 cash bonus
20,000 $3,500 cash bonus
50,000 $8,000 cash bonus

Earn your points fast for extra cash bonuses

You’ll also be awarded a $500 cash bonus when you’re one of the first 10 players to reach 6,000 points each day for the next 6 days.

Get ready to exploit this lucrative promotion and take advantage of your VIP status to line your pockets!

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PartyCasino News: Top Floor and Big Cash Hunt Casino Promotions

2012-01-02T23:39:00.000+11:00

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Top Floor

Enter a penthouse full of cash

Starts: 00:00 ET, 10th January
Ends: 23:59 ET, 15th January

You’re about to hit the Top Floor of the casino where you can win more than $10,000 in cash bonuses – this exclusive area is only accessible to VIP players.

Opt in, collect points playing slots and jackpot slots over the next 6 days and you can win one of these prizes:

Points Prize
1,500 $125 cash bonus
3,000 $300 cash bonus
6,000 $600 cash bonus
10,000 $1,300 cash bonus
20,000 $3,500 cash bonus
50,000 $8,000 cash bonus

Earn your points fast for extra cash bonuses

You’ll also be awarded a $500 cash bonus when you’re one of the first 10 players to reach 6,000 points each day for the next 6 days.

Get ready to exploit this lucrative promotion and take advantage of your VIP status to line your pockets!

Get a huge prize in your sights in the Big Cash Hunt

Starts: 00:00 ET, 16th January
Ends: 23:59 ET, 27th January

Ready, aim, win!

We’re giving you the chance to bag a share of over $130,000 in the Big Cash Hunt. Play any of our slots and jackpot slots to go shooting up the leader board.

Double Points Spree

To get the most out of the Big Cash Hunt, play on our amazing Circus slot to earn double points!

How to dominate the Big Cash Hunt leader boards:

To snatch your share of the prizes, collect points playing Circus and our other slots and jackpot slots from January 16th to 27th.

Here’s what regular players will scoop from the Big Cash Hunt leader board:

Position Prize
1st - 5th $2,000 cash bonus
6th -10th $1,000 cash bonus
11th - 15th $500 cash bonus
16th - 20th $250 cash bonus
21st - 30th $100 cash bonus
31st - 45th $75 cash bonus
46th - 75th $50 cash bonus
76th - 150th $25 cash bonus
151st - 400th $10 cash bonus
401st – 1000th $5 cash bonus

Palladium VIP members have these prizes waiting for them:

Position Prize
1st - 5th $7,500 cash bonus
6th -10th $5,000 cash bonus
11th - 15th $2,500 cash bonus
16th - 20th $1,000 cash bonus
21st - 30th $500 cash bonus
31st - 50th $250 cash bonus
51st - 100th $100 cash bonus
101st - 250th $50 cash bonus

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Australian Casino News: Woman wins $100k after pokies fight; Woman run over by taxi at Burswood Casino

2012-01-02T22:05:00.001+11:00

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Woman wins $100k after pokies fight...

An Adelaide woman is receiving a $100,000 Christmas present after the Adelaide Casino agreed to pay out a pokies win after an 18-month fight.

Cecilia Cubillo played a $1 credit that another person had left in the poker machine when she hit the jackpot.

But her excitement was cut short when the casino told her it would not be giving her the money.

The casino says it is against regulations set by the Office of the Liquor and Gambling Commissioner to pay out abandoned credits, but the casino says the Commissioner has now agreed to review those regulations.

The casino has apologised to Ms Cubillo for any stress and embarrassment and will now give her the money.

It has asked the Commissioner to clarify his position on the use of abandoned credit to avoid similar situations in the future.

Woman run over by taxi at Burswood Casino...

A woman has received serious head injuries after being run over by a taxi at Burswood Casino.

Police are investigating whether she was involved in a separate incident just prior to the crash at 4.30am on Sunday.

The taxi left the scene, however, has since been located by Police Major Crash investigators.

It is unknown if the driver was aware of the incident.

The woman remains in a critical condition in hospital.

Police are calling for anyone with information to contact Crime Stoppers.

Lotto tickets to be sold online...

Making lottery tickets available online will fuel gambling addiction, Independent Senator Nick Xenophon says.

SA Lotteries will begin selling tickets on the internet from the middle of 2012.

The arrangement is expected to provide $3 million a year in revenue and has been approved by the South Australian Government.

Credit card purchases of tickets will be limited to $1000 a week.

Senator Xenophon says that is an extraordinarily high cap and will only encourage problem gamblers.

"That's close to average weekly wages and to have it on credit is very problematic.

"If a publican gives you credit at a pokies venue that's a serious criminal offence. Using a credit card to get lotteries tickets really can fuel gambling addiction.

"You're not using your own money, you're using credit. At least if you buy lotto from a newsagent the newsagent can see the whites of your eyes and at least make some judgments... to determine whether they're dealing with a problem gambling.

"But there won't be any such controls with online sales."

Finance Minister Michael O'Brien says careful consideration was given to the decision.

"The SA Lotteries Board have indicated to me that they believe that the regime that is in place for online gambling actually offers higher protection for the potential problem gambler than is the case currently," he said.

"People spend whatever they wish either on the poker machines or on lottery tickets or on the horses, or whatever other form of gambling. Now whether they do that by cash or by cash via a credit card facility, they still spend the money. At least with this particular arrangement, there is a limit."

He says the decision brings the state into line with the rest of Australia.

Woolworths arm takes over pubs...

Grocery giant Woolworths is buying more heavily into the liquor market.

Its pub and bottle shop company ALH Group is taking out long-term leases on 31 pubs located across New South Wales.

Woolworths already operates 27 pubs in the state as the majority owner of ALH Group, which is also Australia's largest poker machine operator.

ALH spokesman David Curry says the buy up boosts the grocery giant's ownership of pokie machines to almost 13,000 nationwide.

He says it has invested in pubs with good trade potential as well as their gaming capabilities.

"There's about 680, it brings the total nationwide to just under 13,000 - proportionately, we don't have a significant percentage of electronic gaming machines - we've only got about 6 per cent of electronic gaming machines in the country," he said.

"Notwithstanding the pokie tax or what's been proposed by the Federal Government, we think the hotels we've actually signed long-term leases to can achieve good trading growth.

"We're looking at injecting further capital into the business and overlapping our management expertise in NSW across those hotels."

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The Star Lyric Theatre To Open Annie The Musical In Sydney

2011-12-28T21:24:00.000+11:00

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The Star, owned and operated by Echo Entertainment, has organised a media call for this coming Tuesday 3rd January at the Lyric Theatre.

We will be attending to cover the ever-popular Broadway musical Annie prior to the official opening night of the show at 7pm on Thursday January 5, 2012.

Three musical numbers from the show will be performed, and afterwards producer John Frost and lead cast members Anthony Warlow, Nancye Hayes, Todd McKenney, Chloe Dallimore, Julie Goodwin and Alan Jones will be giving interviews and be available for photograph opportunities and more.

The musical numbers will be:

It’s the Hard Knock Life – featuring the children’s cast

Easy Street – featuring Nancye Hayes, Todd McKenney and Chloe Dallimore

A New Deal for Christmas – featuring Anthony Warlow, Julie Goodwin, Alan Jones and the ensemble cast.

Based on the popular Harold Gray comic strip “Little Orphan Annie”, the musical Annie burst into popularity in 1977 when it opened on Broadway. After running there for nearly six years, it has played in over 22 countries worldwide including the UK, Argentina, Japan, Germany, Sweden, Spain and Australia. Annie became a smash-hit movie musical in 1982 starring Aileen Quinn, Albert Finney and Carol Burnett that is adored worldwide and a fixture of popular culture references.

Annie is full of toe-tapping hits which have become staples of musical theatre repertoires worldwide and now, 34 years on, it remains one of the most loved and universally appealing musicals of all time.

Annie plays in Sydney until March 25 before a national tour.

It all marks another interesting development in the Australian casino wars, as agency, Media Man has been calling it for a few years now, and it will be interesting to see how Melbourne based competitor of The Star, Crown Casino, responds with their entertainment line up, which is also ramping up on the west coast on Australia with the newly named Crown Perth (formally Burswood Entertainment Centre).

The battle for the Australian entertainment dollar continues, and certainly Sydney's The Star is going full speed ahead and betting that world class entertainment will remain paramount in the quest to bring more punters to land based casinos and entertainment complexes.

Media blurb we secured...

The timeless tale of Little Orphan Annie is back, giving a whole new generation the chance to experience this classic musical about never giving up hope. Boasting one of Broadway's most memorable scores, including It's the Hard-Knock Life, Easy Street, N.Y.C. and the ever-optimistic Tomorrow, Annie is one of the most awarded and loved musicals of all time. Reprising one of his all-time favourite roles as the charismatic and sophisticated New York ‘zillionaire' Daddy Warbucks, is Anthony Warlow. He will be joined by the ever-popular Nancye Hayes playing everyone's favourite villain, Miss Hannigan. Todd McKenney, Chloë Dallimore and Julie Goodwin also bring their talents to this delightful musical. And in a special treat, radio star Alan Jones will join the cast in the role of Franklin D. Roosevelt.

A MESSAGE FROM PRODUCER JOHN FROST

It gives me great pleasure to bring ANNIE back to Australian audiences. When I produced this show 12 years ago I was overwhelmed by the response it received. ANNIE is such a well known, well loved production that appeals to so many different age groups. Its popularity means that it is staged once a year in many countries around the world, and I have no doubt that the Australian audiences are well and truly ready to see it again.

This time around, I am especially delighted to be able to work once more with Australia's favourite leading man, Anthony Warlow and theatrical legend Nancye Hayes.

To be taking this wonderful show and the star studded cast on tour in 2012 presents a unique and exciting opportunity to reach a new generation of Australians and it gives me enormous pleasure to think that people Australia wide will again be able to experience this special production.

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Nevada approves online poker framework - 23rd December 2011

2011-12-28T12:11:00.001+11:00

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In the United States, the Nevada Gaming Commission unanimously approved a set of proposed regulations on Thursday that would permit companies to apply for licences in order to operate online poker for residents of the western state.

The proposals were widely supported by the industry and require applicants to prove their ability to maintain controls on registration, prevent underage play and establish the location of players before being licensed.

Regulation 5A was one of six draft proposals adopted or amended yesterday by the Nevada Gaming Commission and also addresses what information is to be presented on websites and establishes procedures for record keeping, dispute resolution, fees, taxation and problem gambling notifications.

The Nevada Gaming Commission is already considering applications from six companies in Cantor Gaming, Shuffle Master Incorporated, International Game Technology, Bally Technologies Incorporated, Caesars Entertainment Corporation and the South Point Hotel Casino and officials are optimistic that approving the regulations will lead to technology firms opening operations in Nevada and expanding current business.

The push to legalise online poker in Nevada goes back to mid-March when Las Vegas Assemblyman William Horne submitted his AB258 bill. This proposed legislation was approved by the Nevada Assembly in May before being passed by the Democrat-controlled Nevada Senate and signed into law by Republican governor Brian Sandoval less than a month later.

Yesterday’s public hearing to pass the framework required to implement Horne’s legislation saw no opposition or major amendments as it had already been revised eleven times and state officials now await the repeal of the federal Unlawful Internet Gambling Enforcement Act (UIGEA) before being able to legally license operators.

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Web gambling gets boost from Obama administration - 26th December 2011

2011-12-27T17:24:00.001+11:00

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The Obama administration cleared the way for U.S. states to legalize Internet poker and certain other online betting in a switch that may help them reap billions in tax revenue and spur web-based gambling.

A Justice Department opinion dated September and made public on Friday reversed decades of previous policy that included civil and criminal charges against operators of some of the most popular online poker sites.

Until now, the department held that online gambling in all forms was illegal under the Wire Act of 1961, which bars wagers via telecommunications that cross state lines or international borders.

The new interpretation, by the department's Office of Legal Counsel, said the Wire Act applies only to bets on a "sporting event or contest," not to a state's use of the Internet to sell lottery tickets to adults within its borders or abroad.

"The United States Department of Justice has given the online gaming community a big, big present," said I. Nelson Rose, a gaming law expert at Whittier Law School who consults for governments and the industry.

The question at issue was whether proposals by Illinois and New York to use the Internet and out-of-state transaction processors to sell lottery tickets to in-state adults violated the Wire Act.

But the department's conclusion would eliminate "almost every federal anti-gambling law that could apply to gaming that is legal under state laws," Rose wrote on his blog at www.gamblingandthelaw.com

If a state legalized intra-state games such as poker, as Nevada and the District of Columbia have done, "there is simply no federal law that could apply" against their operators, he said.

The department's opinion, written by Assistant Attorney General Virginia Seitz, said the law's legislative history showed that Congress's overriding goal had been to halt wire communications for sports gambling, notably off-track betting on horse races.

Congress also had been concerned about rapid transmission of betting information on baseball, basketball, football and boxing among other sports-related events or contests, she summarized the legislative history as showing.

"The ordinary meaning of the phrase 'sporting event or contest' does not encompass lotteries," Seitz wrote. "Accordingly, we conclude that the proposed lotteries are not within the prohibitions of the Wire Act."

The department expressed no opinion about a provision in the law that lets prosecutors shut down phone lines where interstate or foreign gambling is taking place.

Many of the 50 U.S. states may be interested in creating online lotteries to boost tax revenues and help offset the ripple effect of a federal deficit-reduction push.

The global online gambling industry grew 12 percent last year to as much as $30 billion, according to a survey in March by Global Betting and Gaming Consultancy, based on the Isle of Man, where online gambling is legal.

Federal prosecutors in April charged three of the biggest Internet poker companies with fraud and money-laundering along with violations of another federal law, the Unlawful Internet Gambling Act of 2006.

The government outlined an alleged scheme by owners of the three largest online poker companies - Full Tilt Poker, Absolute Poker and PokerStars - to funnel gambling profits to online shell companies that would appear legitimate to banks processing payments. (Credit: Google News, Reuters)

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Bwin.Party Digital Entertainment Profiles; PartyCasino And PartyPoker Get New Promotions And Games

2011-12-27T10:40:00.001+11:00

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Global Gaming Directory Website Updated

2011-12-23T10:36:00.001+11:00

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Casino To Be Built On Fiji's Denarau Island; American Multimillionaire Wins Development Contract, by Greg Tingle

2011-12-23T10:35:00.000+11:00

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An American multimillionaire has won the development contract to build a massive land based casino on Fiji's Denarau Island, one of the nations prime tourist destinations for New Zealanders.

Military ruler Voreqe Bainimarama has over-ruled long standing chiefly and church objections to announce that Larry Claunch, who describes himself as an investor, will get an exclusive license to build a casino on the island that will be home to at least 500 slot machines and 54 tables, and they home - lots of happy punters and entertainment lovers.

The well-to-do entrepreneur will also be permitted to construct a smaller casino in Suva.

The regime advertised internationally for expressions of interest earlier this year. New Zealand's well known casino group, SkyCity, was in the mix of those interested.

The license will be held by Claunch's One Hundred Sands Ltd, which will operate the casino with the Snoqualmie Tribe from Washington state and Seventh Generation LLC, a Native American company.

The impressive deal includes a US$290 million ($378 million) five star, 190-room resort on the manmade Denarau Island, which already has several hotels on it and timeshares.

Bainimarama said they would protect the rights and interests of Fijian people. A casino "provides a malleable fusion between the Western ideals of casino gaming with the strong cultural virtues of tribal and community life", he said.

He also pointed out that the casino would provide 800 jobs.

"Fiji does not wish to imitate Las Vegas in the Pacific. Fiji already has a unique brand, one defined by its uniquely pristine environment, tranquillity and world class hospitality."

Claunch advised the casino was "a union of both economic and cultural endeavours".

He also owns Nukudrau, a 19 hectare island in Savusavu Bay.

Claunch is confident he will be able to continue to ride his wave of success into Fiji, despite the casino industry hitting a number of ripples in recent years - a flow on effect from the global economic downturn. Just don't tell Claunch it won't work - he's a winner, and needless to say- his house always wins. Might see you in Fiji.

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Internet poker boss says he broke U.S. gambling law - 21st December 2011

2011-12-21T10:57:00.001+11:00

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One of the owners of three of the world's biggest internet poker firms pleaded guilty on Tuesday to a criminal charge of deceiving U.S. banks over the processing of gambling proceeds.

Absolute Poker co-owner Brent Beckley, 31, admitted in Manhattan federal court to conspiring to break U.S. laws against gambling on the Internet. He also pleaded guilty to a charge of conspiracy to commit bank fraud and wire fraud.

Twelve people have been charged thus far in the high profile case, including 11 in April when the U.S. government seized the Internet domain names of the three largest Internet poker companies: Absolute Poker, Full Tilt Poker and PokerStars.

Full Tilt Poker owner Raymond Bitar, PokerStars owner Isai Scheinberg and Absolute Poker owners Beckley and Scott Tom were also charged with breaking the Unlawful Internet Gambling Enforcement Act and other laws.

Beckley told U.S. Magistrate Judge Ronald Ellis that at Absolute Poker between 2006 and April 2011 he accepted credit cards from players so they could bet on the Internet. He said he disguised the purpose of the payments.

"I knew it was illegal to deceive the banks in this way," Beckley told the judge.

The bank fraud charge carries a possible maximum prison sentence of 30 years, but under a plea agreement in the court record, Beckley will likely serve a much lesser term of between 12 months and 18 months.

His lawyer, Robert Cleary, declined comment.

The indictment said that between 2008 and 2011 Beckley hired so-called "payment processor" Ira Rubin to help the company avoid U.S. gambling laws. Rubin would process e-checks for Absolute Poker disguised as payroll processing, affiliate marketing and online electronics merchants, according to the indictment.

Rubin, who lived in Central America for years in his attempt to avoid a telemarketing fraud charge, is nearing close to a plea agreement, according to his legal eagle.

Prosecutors said that of the billions of dollars the poker companies tricked U.S. banks into processing, approximately one-third or more of the money went directly to the companies as revenue through the "rake" charged to players on almost every poker hand played over the internet.

The government has also filed a civil lawsuit against the Full Tilt Poker website. They accused self-styled "Poker Professor" Howard Lederer and professional poker champion Christopher Ferguson and others of paying themselves more than $440 million while defrauding other players.

The case is USA v Tzvetkoff et al, U.S. District Court for the Southern District of New York, No. 10-00336.

Not only are online poker and online casino players watching closely, but also online gambling companies which are interested to offer their product to the lucrative U.S market. Just a few of those firms include Bwin.Party Digital Entertainment (owner of PartyCasino.com, PartyPoker.com, World Poker Tour and others), Virgin Games and PKR.

In the meantime some land based U.S casinos are getting deals in place, with Bwin.Party recently getting a well publicised b2b agreement inked with MGM Resorts International.

Business entrepreneurs Donald Trump and Steve Wynn are just two high profile Americans who are supportive of 100% legal online gambling in the U.S. Online poker may become legal in the U.S in the coming year, followed by online casino games however... this prediction has proved wrong year after year on U.S soil, but then again - the subject matter has never been hotter, nor has the U.S government ever need a cash boost to their coffers as much as they currently do.

Some of the most popular games with online players include Cleopatra, Sinatra, Wheel of Fortune, poker, Texas Hold'Em, Blackjack, Video Poker and Roulette. Some online gambling companies offer new players a generous sign up bonus to encourage them to become money players.

In many parts of the world including Canada, Italy, Australia and New Zealand, online gambling is just as popular as gambling in traditional casinos, pubs and hotels.

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bwin.party Awarded Danish Online Gaming Licences

2011-12-19T19:22:00.001+11:00

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16 December 2011

bwin.party, the world’s leading listed online gaming company, is pleased to announce that it is in the first rank of operators to be awarded online gaming licences by the Danish Gambling Authority.

Having successfully passed all financial, legal and technical tests, the Group has been awarded two separate licences, allowing it to offer online sports betting, poker and casino in Denmark from 1 January 2012. The licenced brands include bwin, PartyPoker, PartyCasino, PartyBets and World Poker Tour.

The successful licence applications and early market entry is in line with Group’s strategy to be a leading operator in all regulated online gaming markets.

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Casino Stocks Report (MGM) (WYNN) (LVS) (CNTY) (MPEL) - 16th December 2011

2011-12-17T17:43:00.001+11:00

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MGM Resorts International (MGM) stock moved 0.43% higher to $9.33 per share in today's trading. Stock volume in MGM Resorts International was 5 million shares in the trading session.

Wynn Resorts advanced 1.87% in today's session to $106.54 per share. In the last 12 months, Wynn Resorts has seen a high of $172.58 and a low of $100.51 per share.

Las Vegas Sands Corp moved 1.91% higher to $41.57 per share in today's trading. Shares of Las Vegas Sands Corp have traded as high as $51.05 per share and as low as $36.05 in the last year.

Century Casinos advanced 0.87% in today's session to $2.32 per share. 6,800 shares were traded so far in today's session. On average, a total of 14,172 shares are exchanged in CNTY each day.

Melco Crown Entertainment Ltd (MPEL) stock moved 3.11% higher to $8.9909 per share in today's trading. In the last 12 months, Melco Crown Entertainment Ltd has seen a high of $16.15 and a low of $6.1 per share.

*The writer owns shares in Crown Limited

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Casino Celebrities Leonardo DiCaprio And George Clooney Do Sydney; Spider-Man Tobey Hides From Media; Melbourne Next?, by Greg Tingle

2011-12-16T18:17:00.000+11:00

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Leonardo DiCaprio and mystery blonde

A number of the world's most famous and talented Hollywood movies stars (and social and community entrepreneurs) have recently been spotted on Australian soil, in 'Sin City' Sydney no less. Who are we talking about. Just Leonardo DiCaprio and George Clooney.

These boys are fast and hard to nail down, with both the ladies and news media we understand, so by the time you read this, Clooney might be back to Hollywood in the U.S and 'Our Leo' (affectionate) might have hopped a lear jet back to the States, or maybe he's hiding out back at The Star (ex Star City Casino), where 'Georgy Boy' (affectionate satire) has also been spotted.

Both DiCaprio and Clooney have a thing for casinos. DiCaprio has played quite a bit of Hollywood Poker in his time, getting some major headlines in media including TMZ, as well as did the Rounders poker movie back in 1998. Clooney of course played Danny Ocean Ocean's Eleven (and 12 and 13). Movie and history buffs will be interested to know that in the 1960's version of Ocean's Eleven Danny was played by Frank Sinatra, and he was joined by four other members of the original Rat Pack: Peter Lawford, Dean Martin, Sammy Davis, Jr., and Joey Bishop.

Ok, back to matters at hand in Sydney...

George Clooney and Sid Vaikunta

George Clooney

Clooney was in town last week doing his talk at Darling Habour Convention Centre (the one where people paid up to $1100 a ticket). His girlfriend, former WWE wrestling diva Stacy Keibler, did not come. It's not like they are married and have to be side by side 24/7. Keibler is understood to be more keen on a full time commitment type of thing than Clooney at this stage of the game.

Being a bit of casino fan, Clooney made time to meet with The Star’s managing director, Sid Vaikunta at The Darling hotel, where George Clooney was the hotel's virgin (first) customer to stay in the hotel’s new luxurious penthouse suite. The Darling is 'Sin City' Sydney’s latest and greatest five-star boutique hotel and is a paramount part of The Star’s $870 million master plan which is focussed on expansion, refurbishment and The Star being known as a premier Australian integrated hotel - casino - resort and entertainment hub, comparable to the best that Las Vegas and Macau have to offer. The Star and The Darling want their casino whales, but they are also happy to have dolphins and regular punters. Celeb, casino whale, food lover, poker professional or just passing by - The Star wants you!

Leo DiCaprio...

DiCaprio continues to enjoy Sydney. About a month ago he celebrated his birthday party at Kings Cross, followed by a fantastic afterparty.

For about a month Leo was hanging out with Blake Lively, but that particular blonde is currently in New York, so it wasn't her at the Vaucluse House park surroundings.

Yet another lucky blonde was caught walking around with Leo, this time in the grounds of the historic Vaucluse House in Sydney.

It's handy for Leo, since he's doing some of the Gatsby movie shoots at Fox Studios, Moore Park, and Leo's also hired out some private digs at Vaucluse.

For the record it was not Carey Mulligan who was spotted walking around the pack with Leo.

The blonde was not the bikini-wearing brunette who was paped with Leo back in October after a spot of paddle-boarding at the rented waterfront mansion.

A well connected source tells us that there's a certain group of models based in Sydney who all share a bit of time with Leo. Sort of a personal introduction kind of thing. Aussie models Alyce Crawford and Kendal Schuler are understood to be in the thick of the action. Lucky girls.

Tobey Maguire...

The star of the past couple of Spider-Man movies (and keen Hollywood Poker player) Maguire, has kept things very quite in recently weeks. He's been spotted driving and taxi-ing around Sydney, but is not talking or doing photographs with fans we hear. We haven't even seen him at The Star's gaming room. Maguire is understood to be enjoying time with his family when he's not busy on the set of The Great Gatsby.

The boys were all offered rooms at The Stars 'The Darling', and all accepted, but they are also understood to have also spent time elsewhere in Sydney.

In the meantime, we understand that James Packer owned Crown Melbourne aka Crown Casino, is also keen to see more Hollywood stars stay at their fancy Crown Towers. That's where the likes of Tom Cruise and Katie Holmes have also enjoyed the five star accommodation. The Melbourne venue will also see the Aussie Million Poker Championship come January 2011, and Packer's poker tourney men would be keen to see Leo and George in their celeb poker games. Packer is also overseeing the revamp of his Western Australian complex, formally known as Burswood Entertainment Complex, and now known as Crown Burswood. In any event, Crown is keen for more star power and world class attractions, plus of course casino whales aka "high rollers".

Jay Gatsby, F. Scott Fitzgerald and maybe even the late J. Edgar would be proud of the cat and mouse games that Clooney, DiCaprio and Maguire are playing with the Australian media.

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Bwin.Party anticipates Spain and Denmark licences - 14th December 2011

2011-12-15T21:37:00.001+11:00

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The world’s largest listed online gambling operator, Bwin.Party Digital Entertainment, has released a pre-close trading update stating that its performance since the end of September has been ‘solid’ and ‘in-line with management’s expectations’.

Gibraltar-based Bwin.Party was born in late-March following the union of online betting and gaming provider Bwin Interactive Entertainment with PartyGaming and the operator revealed that it expects continuing clean earnings before interest, tax, depreciation and amortisation for the full year to be between 22 percent and 24 percent.

In addition, Bwin.Party declared that its integration ‘remains on-track’ and is expected to deliver around €40 million in annualised synergies next year before producing approximately €65 million in 2013 with the company already repurchasing 14 million shares at an average price of £1.26 each.

Bwin.Party also announced that the sale of its OnGame Network Limited business-to-business subsidiary is at an ‘advanced stage’ but is unlikely to be completed before the end of the year.
However, possibly the most interesting news from Bwin.Party was the revelation that it is anticipating approvals for its Spanish online sports, casino, poker and bingo products to be issued by authorities in the country as part of the ‘first wave of licences’ ahead of the market opening next year.

“The group’s licence applications for Spain were submitted on November 25 and it is expected that approvals for our sports, casino, poker and bingo products will be issued in the first wave of licences to be issued ahead of the market opening in 2012,” read a statement from Bwin.Party.

In Denmark, the firm revealed that it lodged licence applications on October 17 and also expects to be among the first group of operators to become authorised to offer online poker, casino and sports from the beginning of January.

“In Germany, the next meeting of the Minister Presidents is due to take place on December 15,” read the statement from Bwin.Party.

“Schleswig-Holstein, Germany’s most northern land, has stated its intention to press ahead with its law to regulate and license all forms of online gaming with a 20 percent tax on gross gaming revenue. Schleswig Holstein’s law has already been approved by the European Commission.

“While we hope that the other 15 Lander will revise their proposal, they may choose to press ahead with it in its current form, one that we believe fails to comply with European Union law or meet the requirements set out by the Court of Justice of the European Union. While we welcome the move to regulate the online gaming market in Germany, this must be in a consistent and coherent manner in line with European Union law that also enables licensed operators to compete effectively with black market operators. Any other approach, if sustained, will create a commercially unviable market and result in consumers being driven outside the regulated framework.

“In the United States, there remain a number of initiatives seeking to regulate Internet poker at both a Federal and a state level. Which route will reach the statute book first and when remains unclear but we remain optimistic that regulation will take a step forward in 2012. Either way, through our agreements with MGM and Boyd, the group is well-positioned to take advantage of any such opportunity.”

Bwin.Party gets ready for new markets - 14th December 2011...

Bwin.Party Digital Entertainment expects to be in the mix of the first group of firms who are issued with a licence for the Spanish market ahead of it opening next year.

In its pre-close trading update yesterday, the group stated that its licence applications for Spain were submitted on November 25 and it is expected that approvals for its sports, casino, poker and bingo products will be issued ahead of the market opening in 2012.

Bwin.Party also expects to be among the first group of operators to become licensed to offer online poker, casino and sports in Denmark at the beginning of January after its licence applications were lodged on October 17.

In Germany, the next meeting of the Minister Presidents is due to take place tomorrow and Bwin.Party hopes that the other 15 German states will revise their proposal in a consistent and coherent manner in line with European Union law, which also enables licensed operators to compete effectively with black market operators.

The group remains optimistic that US regulation will take a step forward in 2012. Via its agreements with MGM and Boyd, Bwin.Party believes it is well positioned to pounce on any such opportunity that may present.

The sale process of Ongame's B2B business is at an advanced stage, but although it has attracted a number of interested parties, the sale is unlikely to be finalised before the end of the year.

Bwin.Party is likely to retain its world leading position for the foreseeable future.

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Virgin Games Signs Up Video Content Technology Provider; Superman Slot Game Launches At Virgin Casino

2011-12-11T13:34:00.000+11:00

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Virgin Casino is licensed in the gambling jurisdiction of Alderney in accordance with British Law. New players are offered a 100% match bonus up to £$€100.

Friday 9th December, 2011

Virgin Games the leading online gaming company, has today announced that it has signed up vzaar as its video content technology provider. The Company will use the vzaar technology to serve videos on all its casino, bingo, poker and mobile sites.

Vzaar is industry leading in the world of video technology and provides professional quality online video platforms for a number of industries including media companies, e-commerce, web applications and non-profit organizations. The new functionality provided by vzaar follows a complete re-launch of all Virgin Games websites in September of this year. All Virgin Games sites, which include Casino, Bingo and Poker, were redesigned to be more engaging for the user. The latest introduction of video technology enhances the interactive and user friendly experience by allowing Virgin Games customers to see video previews of slot games before having a go via the demo play option.

Pierrick Leveque, Head of Acquisition at Virgin Games, commented: "In the past year we’ve worked hard to improve our site navigation, usability and content quality through large-scale site redesign projects. Video was on the map from day one, and we’re delighted to have found in vzaar a content technology partner flexible enough to accommodate all our video needs. We’re looking forward to a long and successful partnership."

Launched in 2004, Virgin Games is one of the UK’s leading online gaming sites.

About Virgin Games:
Virgin Games launched in June 2004 and has quickly established itself as one of the leading gaming websites in the UK.

Virgin Casino can not currently be accessed by Australian, New Zealand or American players, but a range of other online casinos can be located via the Global Gaming Directory.

Superman Slot Game Launches At Virgin Casino

This slot game is a classic. It’s powered by Cryptologic and has 5 reels and 50 paylines. It has a 10,000 coin jackpot which means you can win up to £100,000.

Superman has a Bonus Bet feature where you can add an extra paylines – if you activate this, you will then have a chance to trigger the Save The World feature (bonus round). Here you will see Superman destroying missiles in a meteor shower resulting in prizes. Once he reaches Earth, you will have a choice of 3 doors. 1 door will take you to a room full of kryptonite and end the bonus round. The one to look out for is the one that leads you to Lex Luthor – Superman will then capture him and reward you win 100 times your stake.

Superman also comes with a Free Games bonus round where you will get 10 free spins. If you’re lucky enough to get an expanded Superman on any reel during the free spins, expect a 5x multiplier to be added. That means you can potential win 10 free spins with a 5x multiplier!

This is a super slot game that you will love. Virgin Casino also offer many great slots such as Alice’s Wonderland, Captain Cannon’s Circus of Cash and favourites such as Cleopatra, Da Vinci Diamonds and Monopoly. They offer £100 free when you join (sorry, no U.S, Canadian or Australian players) and weekly promotions to keep you coming back for more.

Virgin Casino Releases Siberian Storm Slot Game...

Virgin Casino released a new slot game entitled Siberian Storm and it is set to cause just that at Richard Branson's very popular online casino.

The new slot game has a Siberian wild life theme to it and includes the mesmerizing MultiWay Extra™ format of wagering where players can win in up to 720 different ways.

The scatter pays and the stacked wilds make sure for an exciting slot game experience. The free spin bonus round gives the player the opportunity to win up to 240 free spins to win a huge reward. During the free spin bonus round, the player begins with 8 free spins. However, these can be re-triggered to attain the potential 240 free spins.

The stand-out features for Siberian Storm include superb graphics, a high quality soundtrack and the chance for players to win very big with a variety of ways to win a cash prize.

In Siberian Storm, players can win by hitting symbols diagonally as well as just from left to right. There is a single lines jackpot of 1,000 coins. This can be won when the player hits five Siberian Storm logos and there is a total jackpot of £250,000.

Siberian Storm is available to play at Virgin Casino right now.

Virgin Casino can not currently be accessed by Australian, New Zealand or American players, but a range of other online casinos can be located via the Global Gaming Directory.

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Casino Executive Based In Las Vegas Not A Fan Of Online Gambling; Competitor Is Pro Online Casino - Poker, by Greg Tingle - 8th December 2011

2011-12-08T11:21:00.001+11:00

World's Richest Casino Exec Not So Keen On Online Casinos, Poker...

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You may not of heard of this cashed up gambling and property tycoon, but he's happy to share his thoughts on online gambling, especially when it comes to his U.S turf. No, it's not Donald Trump, Steve Wynn or even Richard Branson. Meet Sheldon Adelson.

Adelson is by all accounts the world's wealthiest casino executive and top dog of the industry's largest publicly traded company, says he is against online gambling because he doesn't believe available technology is good enough at the moment to prevent young people from making wagers on the Internet, a spokesman said Wednesday.

Adelson's sharing his personal viewpoint is just that - personal - rather than a formal stance taken by his firm that owns and operates casino-resorts in Las Vegas, Macau, Singapore and Bethlehem, Pa., Las Vegas Sands spokesman Ron Reese said.

Reese advised Adelson hasn't spoken with the company's board about his position, nor has the board decided an online gambling plan.

"It's a personal observation of concerns about technology," Reese said.

The opposition comes at a time when numerous other operators, including Caesars Entertainment Corp and MGM Resorts International, have backed an industry push to legalize online poker and let established land based casinos offer the service in the U.S. MGM Resorts International even went as far as to ink a deal with world's leading igaming firm Bwin.Party Digital Entertainment.

Poker, which involves a combination of skill and luck (as ruled in legal cases), now huge on the internet (see World Poker Tour and World Series of Poker), has been illegal online for real money since a 2006 law was brought in and ruled against igaming operators from providing games by preventing financial institutions from processing funds for the majority of online gaming.

The land based casino sector has swayed over the years from anti online gambling to largely pro online gambling, of course, with them getting some of the financial rewards. The bricks and mortar casinos have seen some of their punters go online to bet, with the traditional casinos missing out of the action. It's unclear how much revenue traditional casinos are down, thanks to online casinos, but a Media Man spokesperson said "Online casinos have cost land based casinos in the U.S and elsewhere, many millions, if not billions of dollars. Vegas and Atlantic City land based casinos are down. People still like to bet and the internet serves them well, be it for poker, casino, sports betting or slots".

The American Gaming Association, the leading U.S gaming lobby group, has switched from a neutral stance to pro actively pursuing federal legislation that would allow for legalization and regulation of online poker. Online poker could be a lead in to online casino games.

Frank Fahrenkopf, CEO of the American Gaming Association, said he met with Adelson on Monday and Adelson advised him he'll oppose legislation to legalize online poker on U.S soil.

"Sheldon has long had concerns about this issue, and it is perfectly within his right to make this decision," Fahrenkopf said in a statement. "However, the AGA, at the direction of our board of directors, will continue to support federal legislation to allow states to license and regulate online poker."

The online gambling industry is not seeking to legalize other games like blackjack, craps and slots online. Those games are a different kind of animal because players wager against the house. In poker, players wager against each other and operators take a fee from each pot in exchange for hosting the game. Of course if online poker becomes totally legal in the U.S, this may lead to online casino games also becoming totally legal in the states.

The matter of online poker has heated up among players and casino executives in the past 12 months. U.S. Senate Majority Leader last year pitched a blueprint to legalize poker that fell short without legislation being introduced. Last April, three of the largest online gaming operators who offered online poker in defiance of the law had their websites seized and executives indicted by the U.S. Justice Department, accused of financial crimes including fraud and money laundering for disguising payments for gambling funds as transactions for things like flowers and golf balls. The day it all went down, including sites going down et al, is known in igaming circles as 'Black Friday'.

After the indictments, the estimated $6 billion U.S. online poker market dived overnight, leaving many players unable to access funds in online poker bankrolls.

Then, with the "big three" poker websites closed out of the U.S, the American Casino Association became more active in urging lawmakers to close loopholes and draw up better regulations.

One thing is for certain. Online poker and online casino players are not going to want to stop playing the games they love. Players are mainly sticking to brands they know and trust with some of the leading contenders being PartyPoker.com PartyCasino.com PKR.com World Poker Tour and the World Series of Poker.

Australian casino mogul James Packer's Crown Casino has the 'Aussie Millions Poker Championship' coming up in Melbourne this January and providers such as PartyPoker.com are even offering qualifying poker matches, where players get to 'Win a seat to Aussie Millions'. Bwin.Party's World Poker Tour is also broadcast of American and Australian pay television, which online helps fuel the popularity of online gambling.

Fahrenkopf advised his casino association wants federal legislation that allows U.S states to decide whether to offer poker to its residents, keeps youngsters from gambling online and lets law enforcement shut down illegal operators.

If you enjoy a punt, please bet with your head, not over it, and have fun.

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Donald Trump says US should legalize Internet betting...

Donald Trump has witnessed lots of money side slipping him, and he's hoping that situation changes soon.

The real estate, gaming and entertainment tsar, and founder of an Atlantic City casino company says the US should legalize internet gambling. The company that bears his name, Trump Entertainment Resorts, is moving forward with plans to establish an online betting venture... just as soon as it is legal to do so.

The company says it wants to get in on the ground floor of the internet gambling industry, and is close to selecting a joint venture partner to run an online gambling operation. The idea is to be well-placed and ready to go as soon as such activity is legalized in the United States.

"It should be approved here," Trump told news media. "An awful lot of money is leaving the U.S. that should and could stay in this country."

Trump Entertainment, which includes Donald Trump and daughter, Ivanka, and the Avenue Capital hedge fund, would own 10% of the new business venture.

Donald Trump advised the key to success in the online gambling market is having the best brand.

"We think we have the hottest brand there is, the Trump brand, my personal brand," he said. "We think it's going to do phenomenally well."

In a filing with the Securities and Exchange Commission, Trump Entertainment said it has "determined that such a joint venture represents the most advantageous way for the company to participate in opportunities in online gaming at minimal cost to the company."

No cost estimates were given, and Robert Griffin, the company's CEO, declined to comment Thursday. But in March, after Gov. Chris Christie vetoed a bill passed by New Jersey lawmakers that would have allowed Internet betting solely within New Jersey's borders, Griffin said the money lost to offshore operators should benefit New Jersey.

The new law would seen New Jersey become the first state in the nation to allow Internet betting.

"Currently, millions of Americans engage in online gaming with illegal offshore operators, and do so with no oversight, no regulation or no consumer protections," Griffin said at the time. "It makes sense for the state of New Jersey to regulate this activity, enforce strict standards to ensure games are fair and safe, and in turn be able to collect tax revenue instead of having those dollars and the jobs they support leaving New Jersey and going illegally overseas."

Christie advised he vetoed the law fearing it was unconstitutional and could lead to an explosion of betting parlors throughout the state. By law, gambling in New Jersey is restricted to gaming hotspot Atlantic City.

But a New Jersey lawmaker is asserting that individual states in fact have the legal right to offer in-state Internet gambling within their own borders.

State Sen. Raymond Lesniak, D-Union, wrote in July to U.S. Attorney General Eric Holder asserting that New Jersey and all other states can legally offer online betting within their borders.

Lesniak said he will introduce legislation in November to address the prime concerns expressed by Christie.

The filing said the company, Donald and Ivanka Trump, and Avenue Capital have signed an agreement authorizing the joint venture once it becomes legal, and that prohibits any of them from seeking other online gambling ventures through May 2012.

Atlantic City is in the midst of a nearly 5-year revenue slump brought on by increasing competition from casinos in neighboring states, and worsened by the continuing unsteady economy. It's also speculated that many AC businesses have not adapted well to the internet medium.

Just a few online gaming companies that are understood to be interested in coming to business terms with Trump include Bwin.Party Digital Entertainment, Richard Branson's Virgin Games and PKR. Most experts see Bwin.Party as the best bet, as they don't have any outstanding issues with the US Department of Justice, and have been playing by the rules (law) for many years, while other gambling companies continue to go after U.S players.

Internet gambling is legal in many countries, with the U.S being a glaring exception.

Media Man is following up.

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Casino And Gaming Stock Report: Australia And New Zealand, by Greg Tingle - 5th November 2011

2011-12-06T13:27:00.001+11:00

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Kerry Packer James Packer Crown Casino Crown Limited Burswood Entertainment Complex The Star Echo Entertainment Australian Casinos Australia New Zealand News Financial News Casino News Poker News Entertainment News

Australian land based casinos continue their entertainment push, with big name celebrities and more expensive casino re-vamps in the works. The share market continues to react to the political hotbed that is the Aussie casino and gambling industry. Southern neighbour, New Zealand, is also prone to gaming being quite the punching bag. Can't wait to the next election. How about you?

Australia’s S&P/ASX 200 Index rose 0.8 percent to 4,321.3 at the close of trading in Sydney. New Zealand’s NZX 50 Index gained 0.6 percent to 3,301.22 in Wellington.

Echo Entertainment Group Ltd. (EGP AU) rose 1.3 percent to A$3.83 after the owner of four Australian casinos had its rating raised to “hold” from “sell” by Adam Alexander, an analyst at Goldman Sachs Australia Pty.

Sky City Entertainment Group Ltd. (SKC NZ) rose 0.3 percent to NZ$3.40 after the New Zealand casino owner agreed a NZ$185 million ($144 million) seven-year banking facility to repay U.S. private placement debt of around NZ$250 million.

Tabcorp Holdings Ltd. (TAH AU) declined 0.7 percent to A$2.80 after Australia’s biggest owner of betting shops was cut to “sell” from “hold” at Goldman Sachs Group Inc., which said earnings may stall in the next two years on higher license costs and a "lack of positive catalysts."

The Late News...

European gaming giant Bwin.Party Digital Entertainment, along with PKR and Virgin Games, are all understood to be keen to officially enter the Australian market. Bwin.Party has done some good warm up work on the political and business side, including now offering online poker players to win a seat at James Packer's annual poker championship in Melbourne 'Aussie Millions'. The Media Man agency has been filing regular reports here and on portals such as Casino News Media, Gambling911 and Poker News Daily are following suit. Mr Packer is understood to be pleased with the lead up news stories on the 2012 'Aussie Millions', at a time when Crown appear to be welcoming any balanced and especially positive coverage of Crown with open arms. Sydney's 'The Star' is also having a poker tourney, with much less fanfare than that of Crown. Any would be James Bond poker players out there? Comon' sport, try your luck and tell 'em the Media Man agency sent you.

*the writer owns shares in Crown Limited
*the writer is a member of The Star's 'Absolute Rewards' program

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Crown Casino Attacked By Thieves; Crown Worse Than Competitor The Star - Crims, Robbers Et Al, by Greg Tingle

2011-12-05T15:43:00.001+11:00

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Australian land based casinos continue their entertainment push, with big name celebrities and more expensive casino re-vamps in the works. The massive casino image make-over may have started in 'Sin City' Sydney and spread to Melbourne, but now Perth is centre stage, but not without the usual hassles that are known to hit casinos. Now we learn that the crime rates in Australian land based casinos is higher than most had previously thought and Crown Casino appears to have a higher crime rate than Sydney's The Star (formally known as Star City Casino). As they say, high risk, high rewards, and sometimes even the house doesn't win, which is good news for punters, but casino visitors need to make sure they don't get stolen from in what call "thieves paradise".

James Packer controlled land based casino, Crown Casino, has punters and other patrons out of pocket by roughly $400,000 in property and cash that has been reported stolen from customers in a six month period.

Both Crown Casino and competitor, Sydney's The Star (formally Star City Casino) talk up the "entertainment" aspects of their business, but new information coming to light shows more focus could well be put on the safety of visiting punters belongings to help ensure they don't get stolen from (in the traditional way - not just loosing at slots or table games)... if you follow us. It's said in casino circles that 'the house always wins', but police reports show that thieves are "winning" by stealing from punters bags, cars and just about everywhere else.

The details of such are located in police documents released under Freedom of Information laws.

The documents show officers were called to Crown Casino 167 times in the first six months of 2011. Reports of stolen property and thefts from motor vehicles make up the bulk of alleged offences at the complex.

We also learn thanks to a Rupert Murdoch's News Limited report that a Logie award-winning TV star was caught in possession of drugs.

The shock discovery was made after the actor became embroiled in a row with bouncers and police were called. He was let off the hook ie: not charged it's believed that he just got a caution.

The Victoria Police incident reports, pulled from its LEAP database, cover some 523 pages of crime files.

Crown spokesman Gary O'Neil said the number of incidents was small but emphasised each was treated seriously.

"Crown aims to provide the safest and most secure environment possible for our customers and staff," he said.

"However, dealing with those numbers and operating 24 hours a day, seven days a week, there will inevitably be those types of incidents.

"Crown's view is that its security and surveillance teams do an outstanding job given the size of the task."

There were 54 thefts and 4 attempted thefts from motor vehicles from January 1 to July 1 this year - with 44 still in the "unsolved" category.

In one case, almost $8500 of property was allegedly stolen within an hour of a woman parking her car at Crown.

"The victim returned to her vehicle to locate a smashed rear window on the driver's side," a statement on the June 16 incident reads.

Another punter had his wallet containing $6500 nicked from the high-rolling exclusive Mahogany Room.

"The victim has placed his wallet beside him whilst gaming," the police report states.

"When the victim went to pick up the wallet he found that it had been taken."

Despite extensive CCTV footage of the 58 incidents of theft or stolen property reported, 47 remained "unsolved".

Police have also advised there may be many more incidents which have not been disclosed due to the way in which officers file information.

"The limitations of the system and manner in which information, particularly information related to locations, is captured on the LEAP database restricts the manner in which information can be extracted," it said.

Police also confirmed two Safe Street Patrol teams solely patrol the Crown complex every Friday and Saturday night in an attempt to prevent public order offences and any offences they deal with would not be classified as call-outs as they are already on site.

"We have a close working relationship with Crown Casino," a Victoria Police spokeswoman said.

Mr O'Neil said Crown Casino had the most comprehensive security and surveillance system of any entertainment complex in Australia.

"The operating procedures and standards, plus the resources Crown commits, are constantly being reviewed and upgraded to maintain world's best practice," he said.

CASE 1

$9000 cash theft

A victim took $18,000 of business takings to Crown in a blue Guess handbag but spent $9000 in an hour on tables in the main gaming room. She then placed her bag, containing the remaining $9000, on a chair but when she went to pick it up, it had been stolen.

CASE 2

Theft of a $260,000 Porsche

The sale of a Porsche Coupe Cabriolet turned into a police investigation when the buyer gave a $50 deposit and drove away. The balance was not paid within the agreed five days. After a five-month search the vehicle was located but the victim has indicated he does not want to press charges.

CASE 3

A cinema goer with a foot fetish

"During the course of the movie the victim put her feet up in between the two seats in front of her," the report reads. "Every time she did this, the male in front tickled and rubbed her feet. This occurred three times," it adds. The suspect was apprehended outside the Crown complex and arrested for unlawful assault.

Echo Entertainment's The Star casino in 'Sin City' Sydney is not off the hook either, but its understood their crime rate for the past 6 months is less than that of Melbourne's Crown. Jupiter's Hotel and Casino on the Gold Coast last year was named by a number of gaming journals to be one of the most dangerous land based casinos in the world. Jupiter's did not comment on the unflattering title of "most dangerous".

Most Australian land based casinos have enjoyed upgraded security measures over the past 12 months but its understood that criminals and unethical punters will always look for ways to beat the system, and casinos have long been known as a hangout for thief's and other people of questionable nature.

If you visit a casino you are taking a gamble - a bigger one that you first bargained for. Little wonder for the rise in popularity of online casino games like the ones offered by Bwin.Party Digital Entertainment which now even has competitions where online poker players can win qualifiers to see them seated at Crown Casino 'Aussie Millions Poker Tournament' this coming January. Good luck.

*The writer owns shares in Crown Limited

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Crown Casino Chip Thief - 27th November 2011...

A large amount of casino chips have been pinched from Melbourne's Crown Casino in an early-Sunday morning heist.

The robber, believed to be aged about 20, executed his daring deed in the gaming area near the Clarendon St exit about 1.40am on Friday, November 4.

Murdoch owned Herald Sun was notified that opportunistic chip thefts are on the rise as pit bosses struggle to cope with increasing workloads. Word has got around to Australia's underground, as well as to news media who report on these matters.

A Crown leak advised since Crown's opening in 1994 the number of dealers a supervisor had to monitor had climbed from 4 to 24.

"One pit boss looks after 48 tables. It's absolutely bananas," he said.

The leak claimed a lack of supervision was helping lead to less than honest behaviour among some dealers, chip thefts and a massive increase in threats directed at dealers.

"Crown is running amok and the Government is allowing them to do it," he said.

But Crown spokesman Gary O'Neill denied chip thefts were increasing and said staff were fully supported by a world class security system.

"Chip thefts unfortunately occur from time to time. However, there is no evidence whatsoever to support the suggestion that there has recently been an increase in the number of these incidents," he said.

"Staff on the Crown gaming floor are fully supported by the most comprehensive security and surveillance systems and standards of any casino in Australia."

O'Neill said staffing arrangements were fully approved by the Victorian Commission for Gambling Regulation.

Police have described this month's thief as being of African appearance with short hair and a thin build.

He was wearing a jumper and baggy pants.

It is understood a second man, also described as African in appearance, fled the scene of the crime with the offender.

Anyone with any information is encouraged to contact Crime Stoppers on 1800 333 000.

Stay tuned for more in the epic friendly war between Packer's Crown Entertainment and Echo Entertainment. Who are you tipping, and are you buying shares to prove your loyalty?

*the writer owns shares in Crown Limited

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Facebook To Enter Into Real Money Online Poker? - 1st December 2011

2011-12-03T15:33:00.000+11:00

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Rumors were abuzz yesterday about the possibility of the social networking behemoth Facebook entering into the online poker arena, but it may be that was the extent of the issue…simply rumors.

According to the popular blog “Friending Facebook” written by Emil Protalinski on ZDNet.com, Facebook has been rumored to be in discussions with several outlets regarding the future of online poker on the site. Currently, Facebook only offers “credits” that players can purchase to use to play a multitude of games that the site promotes, but it hasn’t stepped into the realm of a “real money” offering. Protalinski details out how some of the buzz regarding the possibility of Facebook stepping into online poker has gotten started.

Apparently, clandestine meetings were held over the summer between Facebook and “approximately twenty online gaming experts, consultants and social gaming entrepreneurs,” according to Protalinski. If this were to become a reality, it would happen at some point within the first three months of 2012, with the potential for up to eight licenses to be offered to potential online gaming operations through Facebook.

Protalinski notes, via eGaming Review Magazine, that two of those potential outlets have already been named as potential licensees. One of the top game developers, Gamesys, is potentially in the running for one of those licenses. Gamesys, which has been in the online gaming industry since 2001, offers bingo software as well as games based on television shows such as The Price Is Right and Deal or No Deal. The company also has a contract with Caesars Entertainment for CaesarsBingo.com.

The other operation named specifically as a potential suitor for Facebook also has connections with Caesars Entertainment, the owners of the World Series of Poker. 888 Holdings PLC, founded in 1997 and the ownership behind such offerings as 888Poker.com and the Caesars Entertainment owned WSOP.com online poker site, is rumored to be one of the companies at the front of the line for a potential Facebook partnership. 888Poker is currently the fourth ranked online poker network in the industry, having a seven day average of 2150 cash game players, according to PokerScout.com.

Protalinski points out several issues that will have to be overcome before any such partnerships can reach fruition. Age verification issues, something that anti-online gaming zealots have said would be problematic, are something that Facebook would have to deal with, as people do not always put their year of birth on their Facebook record for privacy reasons. Finding an outlet that could process real money transactions at a bulk rate would also be problematic as well as how Facebook and any partners would divvy up the proceeds.

In looking at how Facebook handles its “credits” transactions, Protalinski points out some significant numbers. Protalinski states that Facebook takes a 30% cut of revenues earned through the purchases of Facebook Credits, with the remaining 70% going to the developers of the games. To possibly see how much money is potentially involved in this partnership, PartyGaming – before it joined forces with Bwin early this year – pulled in $497.9 million in revenue in 2010. If that type of activity was seen with a Facebook gaming site – and using the same percentages as Facebook currently operates under – it would mean Facebook would make approximately $149.3 million and their partner company would pull in $348.5 million.

For American citizens, however, there is no glimmer of hope. Real money online poker through Facebook isn’t an option per the current status of online gaming in the United States. The offerings would first be done in the United Kingdom and potentially branch out to the rest of the world, Protalinski reports.

Then again, this could all just be conjecture. Protalinski contacted Facebook officials regarding this issue and quoted a representative of Facebook as saying, “We’re always in discussions with companies about lots of different ideas, but we don’t comment on future plans or speculation.” After the ringing in of the New Year, however, we may learn if these plans are true or false. (Credit: Poker News Daily)

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Facebook Gamblers Taking Bigger Risks Than They Know, by Greg Tingle - 1st December 2011

2011-12-01T23:35:00.001+11:00

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A massive loophole in Australian - federal gambling legislation is allowing an online casino to receive funds from Facebook punters but not pay out winnings in cold hard cash, leaving punters in the lurch, out of moolah, and angry - and there's not much they can do about it at present.

Only recently have media companies such as Media Man and Fairfax Media been able to warn punters of the dangers of betting - especially on some Facebook affiliated websites.

Media and gaming commentators are advising gamblers to only bet with websites they can trust, and to avoid Facebook gambling websites until loopholes have been fixed up. Big name gambling brands which are considered ethical and trustworthy by most media and igaming experts include Bwin.Party Digital Entertainment, Virgin Games (not available in Australia), Betfair, Centrebet and PKR.

The DoubleDown casino on Facebook is one brand in question. They "give" players "free" chips - but once they are used up, punters are required to purchase credits to continue to play online casino games such as poker, blackjack, slots and roulette (not Russian Roulette) - even more dangerous then the website in question.

As they say - always read the fine print! The terms and conditions explicitly say "regardless of the terminology used, Virtual Currency and Virtual Goods may never be redeemed for "real world" money, goods or other items of monetary value from the Site or any other party."

A wave of complaints has hit independent senator Nick "Mr X" (satire) Xenophon. A Facebook page condemning the site and warning others has also been established by anger players. A constituent contacted Senator Xenophon after he attempted to withdraw the chips, made a complaint, but was subsequently blocked from the site by administrators. So much for ethics and consumer confidence.

Senator Xenophon wrote to the Australian Communications and Media Authority complaining that the US-based website was misleading and was in breach of online gaming laws.

ACMA told Senator Xenophon the website's content is not prohibited because it was not possible to win 'money or anything else of value' from playing the games provided, so it does not in fact constitute a gambling website.

The Senator yesterday wrote to Communications Minister Stephen Conroy requesting an urgent meeting to discuss "a loophole in the Interactive Gambling Act 2001 which has allowed hundreds of Australians to lose money".

"People are paying real money to gamble on these sites," Senator Xenophon advised. "But because these gamblers are forbidden by the sites from converting that virtual money back into real money, the sites aren't technically breaking any laws. This needs to change."

A review of igaming - online gambling laws commenced earlier this year and Senator Conroy's spokesman advised online casino games were prohibited and could not be provided to Australians.

"Consumers participating in games purporting to be such things should think carefully as they are not regulated by Australian law," he said.

A spokesman for DoubleDown Casino said it took great pride in having established the world's largest virtual casino game on Facebook.

"We couldn't have done that without the millions of customers who return every day to enjoy free chips and our entertaining game. Casual gamers can play every day for free and it is entirely up to the user to decide if they wish to purchase virtual chips to play longer," he said.

"There are hundreds if not thousands of games on Facebook which accept virtual currency in the form of Facebook credits and we're proud to be one of Facebook's top 12 game partners."

Established gaming companies such as Bwin.Party Digital Entertainment, PKR, Virgin Games, Betfair and Centrebet offer both play for free and play for money options, and have not received complaints like the ones directed towards DoubleDown.

Those who enjoy a punt are advised to bet with their head, not over it, and to have fun. If gambling stops being fun, its a strong sign to stop playing and seek help.

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Tobey Maguire Pays $80,000; Lawsuit Settled Over High-Stakes Hollywood Poker Games, by Greg Tingle - 28th November 2011

2011-11-29T16:26:00.001+11:00

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Tobey Maguire Ben Affleck Leonardo DiCaprio and Matt Damon

Tobey Maguire (aka Peter Parker from Spider-Man) has reached an $80,000 settlement with U.S prosecutors over his involvement (playing) in high stakes Hollywood Poker games.

Earlier this year, the popular actor was one of 22 punters sued for winning money in allegedly illegal poker games from a Beverly Hills hedge fund top brass who was convicted of running a Ponzi Scheme. This past Wednesday, the parties filed court papers in bankruptcy court revealing that Maguire has agreed to part with $80,000 to be released from ongoing litigation meant to recoup money for those who got duped by the fraud.

Maguire was one of many Hollywood insiders who participated in high-stakes poker games at lush Beverly Hills hotels with Brad Ruderman, the CEO of Ruderman Capital Partners.

His good mate and poker playing pal, Leonardo DiCaprio, is understood to be pleased that he wasn't fined, and is being discrete about his gambling (and women), as much as the press might try to juice things up.

Ruderman was later convicted of wire fraud and investment fraud and is now locked up in a Texas jail as the trustee of Ruderman Capital attempts to locate as much as possible of the $25 million allegedly lost in these Hollywood poker games. Among the other celeb identified in a lawsuit launched last June were The Notebook director Nick Cassavetes, Welcome Back Kotter star Gabe Kaplan, and record label owner Cody Leibel. Other stars including Leonardo DiCaprio and Ben Affleck were also reportedly involved in the poker games, with $50,000 buy-ins (but they were not sued).

Maguire allegedly pocketed more than $300,000 in poker, but in the lawsuit, the bankruptcy judge alleged the poker was unlicensed and that the winnings were ill-gotten gains from Ruderman's clients.

On Wednesday, in court filings, the trustee revealed a settlement with Maguire. Per the agreement, the star of Spider-Man paid $80,000 and represented to the best of his knowledge that he has not received any more monies than those poker winnings from Ruderman. Maguire also disavows any knowledge of the Ponzi scheme and agrees not to make any claim on the bankrupt estate.

The settlement will need to be approved by a judge. A hearing date of Dec. 21 has been put down to consider the motion for settlement.

According to the court paperwork, the parties entered into a settlement agreement to avoid the expense and risk of further litigation. In making the case that the settlement represents the best interests of the estate, Howard Ehrenberg, the Chapter 7 trustee for Ruderman Capital points out that the lawsuit raised "several complex issues of law and fact," including "whether Maguire provided value to the Debtor in relation to the poker games and whether certain of the transfers from Ruderman to Maguire constitute funds of the Debtor."

Maguire signed the settlement agreement himself on Nov. 18, and if approved by the judge, he will be released from ongoing case. Maguire was represented by Robert Barta at Rosoff Schiffres & Barta.

Hollywood poker players are understood to be laying low, until the case blows over, with some stars being advised to stay clear of poker for a while to help keep them away from potential problems.

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Leonardo DiCaprio, Tobey Maguire told to ease off high stakes poker, by Greg Tingle

Now we know another reason that movie stars Leo DiCaprio and Tobey Maguire have enjoyed quite a bit of their time in 'Sin City' Sydney, Australia - they like a punt, and are fans of Australian land based casinos, with The Star being at the top of their list for the meantime. It's not known for certain if the twosome have played poker or gambled on Australian soil, but take a wild guess.

Many Hollywood (and AussieWood) stars love to gamble, and high-stakes poker is one of their favourite games. Privacy is high on their priorities and it's known that some forms of gambling don't sit well with the law in some parts of the world, including in the United States.

It's understood that Tobey Maguire and mates Leonardo DiCaprio and Ben Affleck are long time high stakes poker fans and may have participated in quite a few private games played mainly in Los Angeles and New York.

The word is that the FBI is probing into alleged Russian mob connections to those big dollar games.

A few months ago there was a lawsuit filed against Maguire claiming a big Wall Street investment guy paid his gambling debts with funds inappropriately acquired from his firm’s investors.

A longtime associate of both DiCaprio and Maguire is understood to have said "As much as those boys love to gamble, they don’t need this kind of hassle...It seems clear that a number of very unsavory people have used their own huge wealth to weasel their way into those games.

"No one needs a Frank Sinatra problem these days," added the leak, referring to the Mafia connections that followed Ol’ Blue Eyes most of his life.

DiCaprio and Maguire are currently enjoying a working holiday of Australia and both gents have been spotted at The Star (entertainment complex and casino - ex Star City Casino) more than once.

'Our Leo' is staring in The Great Gatsby. Maguire is not working Spider-Man, but has a number of exciting projects in the works. May the best player, er, actor Win.

All of this while online gaming companies such as Bwin.Party Digital Entertainment, which owns the World Poker Tour, attempts to get the green light from the US government to offer Americans totally legal online poker games.

Media Man is following up the story, and understands that McGuire is close to coming to terms with prosecutors on the Hollywood Poker investigation.

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Leonardo DiCaprio, Tobey Maguire told to ease off high stakes poker, by Greg Tingle

2011-11-29T12:34:00.001+11:00

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Hollywood Poker Leonardo DiCaprio Tobey Maguire Hollywood Movies News Financial News Casino News Poker News Entertainment News

Tobey Maguire Ben Affleck Leonardo DiCaprio and Matt Damon

Now we know another reason that movie stars Leo DiCaprio and Tobey Maguire have enjoyed quite a bit of their time in 'Sin City' Sydney, Australia - they like a punt, and are fans of Australian land based casinos, with The Star being at the top of their list for the meantime. It's not known for certain if the twosome have played poker or gambled on Australian soil, but take a wild guess.

Many Hollywood (and AussieWood) stars love to gamble, and high-stakes poker is one of their favourite games. Privacy is high on their priorities and it's known that some forms of gambling don't sit well with the law in some parts of the world, including in the United States.

It's understood that Tobey Maguire and mates Leonardo DiCaprio and Ben Affleck are long time high stakes poker fans and may have participated in quite a few private games played mainly in Los Angeles and New York.

The word is that the FBI is probing into alleged Russian mob connections to those big dollar games.

A few months ago there was a lawsuit filed against Maguire claiming a big Wall Street investment guy paid his gambling debts with funds inappropriately acquired from his firm’s investors.

A longtime associate of both DiCaprio and Maguire is understood to have said "As much as those boys love to gamble, they don’t need this kind of hassle...It seems clear that a number of very unsavory people have used their own huge wealth to weasel their way into those games.

"No one needs a Frank Sinatra problem these days," added the leak, referring to the Mafia connections that followed Ol’ Blue Eyes most of his life.

DiCaprio and Maguire are currently enjoying a working holiday of Australia and both gents have been spotted at The Star (entertainment complex and casino - ex Star City Casino) more than once.

'Our Leo' is staring in The Great Gatsby. Maguire is not working Spider-Man, but has a number of exciting projects in the works. May the best player, er, actor Win.

All of this while online gaming companies such as Bwin.Party Digital Entertainment, which owns the World Poker Tour, attempts to get the green light from the US government to offer Americans totally legal online poker games.

Media Man is following up the story, and understands that McGuire is close to coming to terms with prosecutors on the Hollywood Poker investigation.

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Frank Sinatra Enterprises

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Kerry Packer Dead Media And Gambling King Star of Channel Nine For 2012 Slot; Gyngell 'Best Ever' Year, by Greg Tingle - 24th November 2011

2011-11-25T17:58:00.002+11:00

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Kerry Packer in the grave still gives Channel 9 boss David Gyngell "sweaty palms."

Next year the Nine Network will be counting on on a TV mini-series about the late media and gambling mogul's life to deliver the massive ratings it needs to snatch back its former glory.

Unveiling its biggest investment in new television programming in the station's rich history, Gyngell championed Howzat: The Kerry Packer Story as a sure hit for Nine in a year he predicts will be its "best ever".

Staring down the gun barrel at an 18-month deadline to recapitalise company debt...and shake-up a rough-ish 2011 ratings performance - the Nine top brass gave his word his network would "deliver across the board" next year.

Confirming $120 million in new programming and business ventures at a sales lunch yesterday, a fired up Gyngell delivered: "On my watch you will not see anything go backwards in the Nine group.

"I've been part of this company my whole life and for the last 10 years we have been trying to build this company into something great. That will continue, I give you that solemn promise."

The magazine arm of the Nine entertainment business announced it will launch two new titles: Womens' Health and Elle.

Of the KP project, Gyngell told news media hounds that he's taken a hands-on approach to the TV biography, from the makers of hit ABC drama Paper Giants - to air after Nine's coverage of the London Olympics in August.

"This is obviously so close to me and we just have to get it right. It's the show I think will be our biggest hit and a story that has everything Australians love: the colour, the characters, cricket," Gyngell said.

His best mate James Packer is said to be "excited" about the production, starring Rob Carlton as his father, with shooting to begin within months.

Local content dominates Nine's lot for the new year, with another mini-series Beaconsfield reliving the rescue of Tasmanian miners Todd Russell (to be played by Lachy Hulme) and Shane Jacobsen as Brant Webb.

Smash hit reality TV series The Block and The Celebrity Apprentice return, along with singer search show, The Voice, and weight-loss challenge, Excess Baggage, which will be hosted by Kate Ceberano.

A new local drama Tricky Business, starring Shane Bourne and Debbie Byrne, will go to battle with Seven's Packed To The Rafters.

Bourne described the show at launch as a family show with a procedural element. The cast also includes Gigi Edgley, Debra Byrne and Lincoln Lewis.

"The show has a very warm heart but we're also debt collectors," he said.

Australia's most famous gold heist will also make it to the small screen with Nine's The Great Mint Swindle, starring Grant Bowler, Todd Lasance and Josh Quong Tart.

Nine is also bringing back the former Ten hit Big Brother with Sonia Kruger as host.

Hamish and Andy will be back with a series set in London in the lead-up to the 2012 Olympic Games which will also screen on Nine.

Make no mistake, the Kerry Packer mini series is the Main Event for Nine in 2012, and we tip it to be both a massive money maker, and well as act as quite a makeover for Nine, which will help them reclaim the undisputed spot as 'The One'. Knock em for six.

The late, great, Kerry Packer would be proud.

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Playtech to raise 100 mln stg in placing

2011-11-24T17:17:00.001+11:00

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* Placed 46.5 mln shares at 215 pence

* Placing at a 2.5 pct discount to the stock's Tuesday close

Nov 23 - Playtech Ltd, the world's biggest provider of online gambling software, said it would raise 100 million pounds in a discounted offering to finance acquisition opportunities and investments in new joint ventures.

The placement of about 46.5 million shares would be priced at 215 pence each, representing a 2.5 percent discount to the stock's closing market price on Tuesday, Playtech said.

The company, in which its billionaire Israeli founder Teddy Sagi continues to hold a 40 percent stake, said it had identified a number of acquisition opportunities that would complement or expand its existing technology or product offering.

The cost of the opportunities currently under review vary in size up to about 40 million pounds.

Playtech is an Estonia-based company, which operates a joint venture with Britain's biggest bookmaker William Hill and provides software to Bwin.Party Digital Entertainment, Paddy Power and Gala Coral.

Shares of the company, which have lost a quarter of their value in the last three months, closed at 220.5 pence on Tuesday on the London Stock Exchange.

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Aussie Millions At Crown Casino, Melbourne, Australia

2011-11-21T22:10:00.000+11:00

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2011-11-21T15:52:00.001+11:00

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Bwin.Party Digital Entertainment Invites Online Poker Players To Conquer the World at PartyPoker

2011-11-19T23:24:00.001+11:00

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Online Gaming Talk Heats Up With Native American Tribes, by Greg Tingle - 19th November 2011

2011-11-19T11:41:00.001+11:00

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Native American tribes advised Thursday they want their cut of the jobs and revenue if online gambling is allowed in the United States but they don't want to lose their sovereignty to get it.

Internet gambling has been prohibited in the U.S. since 2006, which has seen players and their cash go to to websites and internet portals based offshore. With Congress searching for money to cut the deficit and create new jobs, supporters see an opening for legalizing at least some online gambling opportunities.

Should Congress act, the federal government will have to write rules and will likely collect taxes from proceeds. Native American tribes want the federal government to ensure they are allowed to operate, regulate, tax and license online gambling as well, if they choose to get in on the business.

"Although there is no legislation before the committee right now, one thing we are all aware of is the need for additional resources at the federal level," said Hawaii Sen. Daniel Akaka, chairman of the Senate Indian Affairs Committee, which held a hearing Thursday to air tribes' concerns on the issue. "The discussions surrounding potential Internet gaming legislation have only increased as Congress looks to the supercommittee to find revenue sources and Congress looks to create jobs ..."

The supercommittee Akaka referred to is a bipartisan committee of 12 lawmakers created this summer to find a plan to reduce government borrowing by least $1.2 trillion over the next decade. The committee is stalled in part over whether to raise new revenue.

A House Energy and Commerce subcommittee planned to hold its second hearing Friday on Internet gambling. There is bipartisan support for at least some Internet gambling. Rep. Barney Frank, D-Mass., has pushed for its legalization for years.

While there is no Internet gambling bill before the Senate committee, there is legislation in the House, though it already has opposition from tribal leaders.

Ernie Stevens, chairman of the National Indian Gaming Commission, said tribes have united behind some core principles, including no taxation of tribal revenues. Current Internet gambling proposals violate those principles, "and we oppose their passage," Stevens said.

One such measure, sponsored by Rep. Joe Barton, R-Texas, would legalize online poker. Spokesman Sean Brown said the legislation would allow tribes, like states, to opt out of allowing Internet gambling if they chose.

Some at Thursday's hearing expressed concern about proposals to allow the Department of Commerce to regulate operators of Internet games. Tribal leaders are calling for the National Indian Gaming Commission to continue to regulate their businesses.

The commission reported that last year, 236 tribes operated 422 gambling facilities in 28 states, generating $27 billion in revenue, evidence that the commission has the expertise to regulate tribal Internet gambling and won't have to start from scratch, learning laws particular to tribes as well as cultural considerations, witnesses at the hearing said.

Not all tribes support Internet gambling. Some see it as a potential competitor to their established brick-and-mortar casinos.

"The Tulalip tribe sees the legalization of Internet gambling as a direct threat to the economic growth in Indian Country," said Glen Gobin, vice chairman of the Tulalip Tribes of Tulalip, West Virginia.

"Do you think tribes are going to be able to compete with someone like Harrah's on Internet gaming?" Gobin asked.

Many U.S gaming companies including land based casinos are now starting to adopt online gaming into their business model, with MGM Resorts International recently teaming up with Bwin.Party Digital Entertainment (which owns and operates PartyCasino.com PartyPoker.com and World Poker Tour).

It's widely believed that the U.S will see legal online gambling up and running soon, but then again, that's been the world for years, so for much of the gaming industry, they will believe it when they see it.

In the meantime entities such as Global Gaming Directory, Casino News Media and a host of entertainment and gaming website portals should consider to do a healthy trade.

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PartyCasino News: PartyCasino VIP Double Up; Palladium online slot; Promotions

2011-11-14T14:03:00.001+11:00

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Echo Entertainment - The Star and Crown Limited AGM Pokie Cap Talk, by Greg Tingle - 11th November 2011

2011-11-11T16:23:00.001+11:00

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Times are a changing.

Echo Entertainment, with a capital E for entertainment, and its The Star (no longer Star City Casino)...red headed stepchild... are in some talks with James Packer's Crown Limited about... you guessed it - poker machine cap limits. The fierce rivals have found some common ground, or is it more about bit of a common enemy.

The "Aussie casino wars" as they have been described in gaming business circles have taken on a bit of a new angle, with Australia's 'Big Brother' government cementing itself on the battlefield, taking fire from Echo, Crown and the Liberal - National coalition party. One Media Man news-hound joked "It's bigger than the release of Call of Duty 3. They should be an Aussie casino war videogame".

There's been some good news for Echo coming out of its AGM. The integrated entertainment complex and land based casino owner advised revenue was stronger in the first quarter of 2011-12 and earnings are tipped to surge in the second half.

Mr Packer, perhaps a touch busier than usual, thanks to both his AGM in Melbourne, friend Shane Warne doing his thing with Club 23 at the casino, and insider, golf champ Tiger Woods doing his thing in and around Burswood Entertainment Complex in Perth, got to share his mind to shareholders (this writer being just one of them).

The famous Australian gaming billionaire showed his interest competitor Echo Entertainment, of which Crown Ltd snatched a 4.9 per cent stake in the Tabcorp spinoff last June.

Speaking on behalf of Crown at Echo's shareholders meeting yesterday, long-time Packer confidant, Guy Jalland, quizzed the Echo board whether its talks with NSW and QLD governments had covered ridding Echo's ownership caps which currently limit investors to a 10 per cent stake.

"At the time of the demerger that matter was raised with governments of each of those jurisdictions," advised Echo Entertainment chairman John Story. "Each government indicated it wished to continue the current caps."

Mr Jalland went on to ask whether these ownership caps are in the interests of shareholders.

"It's up to the government to determine that outcome, that's not of our making," said Mr Story.

After the meeting, Echo chief exec Larry Mullen, was probed about if there was any discussions between Crown Limited and Echo Entertainment to which he disclosed that the two outfits have only had talks on common business issues such as the new poker machine regulations.

It's clear that on this point Packer's Crown and Echo (E for Entertainment) have evidently found common ground, if not a common target.

Story stayed on message as JP (that's James Packer) when he railed against the pokie reforms and how it would hit the casino and gaming industry at a time when Echo and Crown are spending a combined $4 billion on new "tourism infrastructure"...that's including the redevelopment of Echo's flagship Sydney land based casino, The Star.

He advised the tipped reforms (pre-committing being a big part), "are unproven and untargeted proposals, which are at risk of adversely impacting the casino and tourism industry without the desired improvement in the occurrence of problem gambling." He said they along with many members of the casino sector are in talks with the government to find a more effective solution.

Swinging back to the Echo AGM, Mullen told investors that trading for the current financial year was in line with expectations and "solid" given the cautious consumer environment and disruptions from its redevelopment program.

Revenues at Echo were up 15.2 per cent from July 1 to October 31 he said.

Mullen pointed out that while benefits of the redevelopment of The Star will be evident from this quarter, earnings for the half year will be impacted by $30 million worth of pre-opening costs and higher initial operating expenses.

Even in the casino business, you have to sometimes spend quite a bit of money to make money, and the stakes are often higher for the casino company than for the punters that might come in to try their luck on Cleopatra, Sinatra, Monopoly, Wheel of Fortune or any other one of hundreds of game titles.

Media agencies such as Media Man and Casino News Media are currently obtaining information from the public at large as to whether The Star or Crown Casino are seen at number one in Australia as well as if both casino groups are more about gambling or entertainment, or both. Information gathers and analysts at the likes of Roy Morgan and the Australian Government are expected to be very interested in the findings.

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Bwin.Party Digital Entertainment Revenue Rises; Italian Game Boosts Business, by Greg Tingle - 9th November 2011

2011-11-09T22:50:00.001+11:00

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Bwin.Party Digital Entertainment PartyCasino.com PartyPoker.com World Poker Tour Games Casinos Italy Greece Australia News Financial News Casino News Entertainment News

Bwin.Party Digital Entertainment, the world's biggest and most successful listed online gaming company, shrugged off the global credit crunch to post a lift in third-quarter revenue, helped by the launch of new games in Italy and strong growth in its casino division.

The Gibraltar-based company, whose brands include PartyPoker.com, PartyCasino.com, Bwin and Foxy Bingo, said on Tuesday total net revenue grew 3% to 201.1 million euros (276 million) in the third quarter.

Bwin.Party, which was formed by the merger of Austria's Bwin and PartyGaming earlier this year, advised its third-quarter revenue was boosted by the launch of table games such as roulette and blackjack in Italy after the government opened up the market for casino table games and cash poker in July.

The company, which offers up to 30,000 bets daily across more than 90 sports, said it had also benefited from a bar on U.S. poker website Full Tilt Poker in April following charges of illegal gambling.

Bwin.Party said current trading was robust and in line with management's expectations.

"We expected our business to be resilient but not immune to the recession, and I think that's where we are today," said Chief Financial Officer Martin Weigold.

"There are certain markets that have been particularly hit by the financial crisis ... for us Greece is the one that stands out. However, even Greece shows quarter-on-quarter growth, but if you looked at the year-on-year movement, we have seen a double-digit decline," Weigold said.

GREEK GAMBLE

Co-Chief Executive Jim Ryan said a possible Greek exit from the euro zone would have a limited impact on the business.

"If in fact they did leave it would just be a function of the consumers in Greece playing with a different currency; they'd still continue to use the service," he said.

The gaming industry has traditionally been a rock for the entertainment sector during periods of economic weakness.

Rival 888 reported a 42% rise in third-quarter sales last week and said it expected 2011 earnings to be significantly ahead of market estimates as British consumers stay at home, watching TV and gambling online amid an economic slowdown.

Shares in Bwin.Party, which have dipped around 33% of their value since the merger, rose 1% to 136 pence by 1000 GMT (5 a.m. ET) on Tuesday.

"Bwin.Party's third-quarter (statement) ... shows good progress across the group," Evolution Securities analyst James Hollins said in a note.

Hollins, who has an "add" rating on the stock, highlighted the company's brand resonance in key European countries and the long-term U.S. upside.

Bwin.Party's average daily revenue climbed 8% on the previous quarter, while the number of daily average players fell 4%, in part because player numbers were boosted last year by the soccer World Cup.

"The elephant in the room remains German legislation, the company's single largest market (around 22%)," Daniel Stewart analyst Michael Campbell said.

In September Germany's highest civil court upheld a ban that bars private-sector companies from operating online gambling sites.

Bwin.Party said it was working with German states on a regulatory framework and said it hoped to secure a license in the northern German state of Schleswig-Holstein, where gambling-friendly laws were passed in September.

The firm is interested in expanding into markets such as the United States, Australia and New Zealand.

Bwin.Party Digital Entertainment is known around the globe for brands such as PartyCasino.com PartyPoker.com and World Poker Tour

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Virgin Casino New Circus Internet Slots; Virgin Casino Releases Siberian Storm Slot Game

2011-11-09T20:19:00.000+11:00

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Virgin Casino Virgin Games Captain Cannon’s Circus of Cash Circus Siberian Storm Richard Branson Slots

Virgin Casino is licensed in the gambling jurisdiction of Alderney in accordance with British Law. New players are offered a 100% match bonus up to £$€100.

Virgin Casino has only reload bonuses reserved for the first week of November. The good news it has just added a new internet slots titled Captain Cannon’s Circus of Cash. Captain Cannon’s is a product of Ash Gaming which could be played at Virgin Casino through its GTS platform. One of the standout features of this circus based slot game is its 9 thematic bonus rounds. Captain Cannon’s offers players a return of 95%.

The slot game has three in-reel bonus rounds. In the Fire Breather bonus round a fire breather blowing flames appears on the reels. This amounts to three reels that have wild symbols. The line wins are then calculated anew and paid. A female lion tamer features in the Lion Tamer bonus features. In total five symbols are transformed into wild symbols. Yet again additional payouts are awarded to the player. Players will like the Rampaging Elephant. An elephant goes out of control on the reels knocking out some of the symbols. The remaining symbols and new symbols drop down to fill the gaps left. Chances are very good to obtain wilds in the new symbols. Every line win is calculated again and paid to the player.

The Caravan Side Shows is the next set of bonuses. These bonuses feature on the second screen and are played inside the caravan. To win bonus credits in the Bearded Lady bonus, the player has to choose one of two bearded ladies to win. In actual fact one of these women is a real beauty hiding behind the beard and offers larger payouts. In the Strongman Contest the player must pick one of the strongmen. The strongman lifts weights and holds it above his head. The longer the weights could be held, the larger the payout the player will receive. The Knife Throwers award five throws. The must choose a number of balloons, each balloon that is popped awards bonus credits or additional throws.

Last but not least is the Main Event bonus rounds; these offer the highest payouts as well as the possibility of hitting the progressive jackpot should the gold clown make its appearance on the screen during the bonus. Virgin Casino guarantees that one lucky player will win this progressive jackpot. Free spins are awarded by the Clown Car bonus. The amount of free spins is determined by the clowns with pink balloons and the multiplier is determined by the clowns with green spins. The Tightrope Motor Bear must ride across the rope and return a clown. Depending on how far the bar travels bonus points are awarded. The captain is fired from the cannon In the Captain Cannon Bonus. A prize is awarded with each object he collides with. The bonus ends the moment he collides with a water barrel.

Virgin Casino can not currently be accessed by Australian, New Zealand or American players, but a range of other online casinos can be located via the Global Gaming Directory.

Virgin Casino Releases Siberian Storm Slot Game...

Virgin Casino released a new slot game entitled Siberian Storm and it is set to cause just that at Richard Branson's very popular online casino.

The new slo game has a Siberian wild life theme to it and includes the mesmerizing MultiWay Extra™ format of wagering where players can win in up to 720 different ways.

The scatter pays and the stacked wilds make sure for an exciting slot game experience. The free spin bonus round gives the player the opportunity to win up to 240 free spins to win a huge reward. During the free spin bonus round, the player begins with 8 free spins. However, these can be re-triggered to attain the potential 240 free spins.

The stand-out features for Siberian Storm include superb graphics, a high quality soundtrack and the chance for players to win very big with a variety of ways to win a cash prize.

In Siberian Storm, players can win by hitting symbols diagonally as well as just from left to right. There is a single lines jackpot of 1,000 coins. This can be won when the player hits five Siberian Storm logos and there is a total jackpot of £250,000.

Siberian Storm is available to play at Virgin Casino right now.

Virgin Casino can not currently be accessed by Australian, New Zealand or American players, but a range of other online casinos can be located via the Global Gaming Directory.

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MGM Resorts, Boyd Gaming, Bwin.Party Digital Entertainment In Talks For US Online Poker; Casino, by Greg Tingle

2011-11-07T20:37:00.001+11:00

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Bwin.Party Digital Entertainment PartyCasino.com PartyPoker.com World Poker Tour Games Casinos MGM Resorts International Boyd Gaming News Financial News Casino News Entertainment News

Shares in Bwin.Party have jumped in recent days with news that the company has joined forces with leading casino brands MGM Resorts International and Boyd Gaming to offer online poker to US residents once legislation is passed in the States, a number of experts have advised not to get too excited, too soon.

Land based casino operators MGM Resorts International and Boyd Gaming this past week unveiled a plan to partner with online gambling company Bwin.Party Digital Entertainment, subject to the legalization of Internet gambling in the United States.

Gibraltar-based Bwin.Party, the world's largest publicly traded online gaming company, was formed earlier this year through the merger of Austria's Bwin and PartyGaming.

Bwin.Party would own 65 percent of a start-up company that would offer online poker to U.S.-based players, while MGM would own 25 percent and Boyd would have a 10 percent stake.

U.S. prosecutors earlier this year accused the owners of three of the largest Internet poker companies of tricking regulators and banks into processing billions of dollars in illegal gambling proceeds.

That crackdown derailed a similar deal between online gambling operator PokerStars and Las Vegas-based Wynn Resorts Ltd. Steve Wynn is understood to have gotten out of that deal in approximately one week.

MGM closed its original Internet gambling operations in mid-2003, citing regulatory uncertainties.

"There is now an overarching opinion in Washington that this needs to be addressed," MGM Chief Executive Officer Jim Murren told Reuters in a telephone interview. "U.S. citizens are putting their financial assets at risk on sites that the U.S. government has no comfort over how they are being operated."

Wynn, MGM and other land based casino operators have been lobbying hard in recent years for U.S. legalization of online poker...which they say is primarily a game of skill, rather than other forms of gambling where the customer is playing against the "house."

Their goal is legislation at the federal level, but legalization efforts are also underway in several states.

"Federal legislation is a vastly better solution ... to avoid any ambiguities in laws," Murren said.

Casino companies argue that millions of Americans are already playing online poker on websites operated from overseas and legalization would bring that revenue to the United States, where it could be taxed, jobs would be created and integrity could be assured.

Opponents, including groups like the Southern Baptist Convention, say online gambling is an irresponsible way to raise revenue.

Boyd Gaming and MGM Resorts also said each has agreements to use Bwin.Party's technology under its own brands.

MGM owns 10 casinos on the Las Vegas Strip, ranging from Circus Circus to the Bellagio, as well as casino-resorts in Mississippi and Michigan and joint ventures in New Jersey and Macau, the only place in China where gambling is legal.

Macau is currently seen as a more go ahead region for the gambling business than Las Vegas.

Boyd Gaming, which runs Las Vegas properties that cater mainly to local residents rather than tourists, owns and operates 16 casino properties in six states.

Bwin.Party Digital Entertainment is looking to expand in a number of countries. The United States is their key target, however they also have Australia and New Zealand squarely in their sights.

Bwin.Party Digital Entertainment is known around the globe for brands such as PartyCasino.com PartyPoker.com and World Poker Tour.

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Marvel Entertainment Movies Become Games At PartyCasino

2011-11-05T17:14:00.000+11:00

PartyCasino.com Marvel website PartyCasino.com website

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Marvel Entertainment Marvel Comics PartyCasino.com Bwin.Party Digital Entertainment Marvel Slots

Marvel Entertainment fans have recently being enjoying playing their favorite Marvel superhero characters at PartyCasino.com - the flagship casino brand of Bwin.Party Digital Entertainment.

Be The Incredible Hulk, Thor, The Amazing Spider-Man, Fantastic Four and more at PartyCasino.com

You can even go for the lucrative Marvel Hero Jackpot.

Check out Marvel slot games today at PartyCasino, via Media Man, and pick up towards $3000 sign up bonus.

Want more? Check out another Bwin.Party owned and operated online casino, Casino Las Vegas, for even more Marvel heroes.

PartyCasino.com is a multi award winning online casino established since 1997. Bwin.Party Digital Entertainment is listed on the London Stock Exchange.

Download Marvel progressive jackpot slots at PartyCasino.com Pick your legend, save the world and play for cash prizes on the range of Marvel slot games today...download Fantastic Four, Hulk, Spider-Man and Thor.

Swing into action with Spider–Man
Become everyone's favourite web–slinger as you play for $5,000 on up to 25 paylines in the amazing Spider–Man online slot game. Set your spider–sense tingling and you could be one of the lucky players who hit a Marvel jackpot every 30 minutes. Catch Spider–Man in your web today and play for the chance to win a fortune with PartyCasino.

The Amazing Spider-Man is a 5-reel, twenty five-paylines ‘Marvel Jackpot’ slot game with 'Spider web Feature' and The Spider-Man Feature that gives you the chance to win extra cash prizes. The Spiderweb bonus feature occurs when Substitute Spider-Man appears on Reels 2 and 4 only. The Spider-Man Feature round is triggered when 3 or more Scattered Logos appear on the reels left to right. Spider-Man Feature has Venom Feature and Free Spin Feature.

Join forces with the Fantastic Four
Marvel comic legends and blockbuster movie heroes The Fantastic Four now come to you in an action–packed online slot machine. Join the Fantastic Four and be part of the defeat of the evil Doctor Doom in the exciting new game. Play up to 25 lines and you could win $5,000 a spin on your way to saving the universe from destruction.

The Fantastic Four Slot is a 5-reel, 25-paylines slot with a 'Fantastic Four' feature game that awards 'Free Spins'. 3 or more scattered logos anywhere on the screen triggers the 'Fantastic Four' feature round. The game also features 5!!! wild symbols - ‘Mr. Fantastic’, ‘The Invisible Woman’, ‘The Human Torch’, ‘The Thing’, ‘Dr Doom’ Wild symbols substitutes for all symbols other than the “Scattered Logo”.

Feel the power of The Incredible Hulk
It's time to get mean and green as you join the biggest superhero of them all in The Incredible Hulk: Ultimate Revenge. The Incredible Hulk Slot Machine has 5 reels, 25 paylines and offers ‘Marvel Jackpot’ and "The Incredible Hulk Feature". Incredible Hulk feature prizes are awarded in the form of Free Spins and win Multipliers. The game also features a wild “The Hulk” logo symbol. "The Hulk" symbol substitutes for all symbols other than the scattered “Explosions” symbol. 3 or more “Explosions” symbol anywhere on the reels triggers the “The Incredible Hulk Feature" round. The prize is doubled when “The Hulk” (wild symbol) substitutes in a winning combination.

Play your part in the legend of Thor
The mighty Thor storms into PartyCasino in this majestic 5–reel, 9–line slots game. Experience the power of the god of thunder and you could win up to 4,000 times your bet.

Thor Slot is a new ‘Marvel Hero Jackpot’ slot machine with a free game feature. The game also features a "Thor" wild symbol which substitutes for all symbols except the “Scattered Logo”. 3 or more “Scattered Logo” symbols anywhere on the reels triggers the free spins in which all wins are tripled.

Marvel Jackpots
Marvel Jackpot actually consists of 3 jackpots at different levels, the levels are - from the lowest - Hero Jackpot, Super Hero Jackpot, and Marvel Hero Jackpot, with the latter being the highest. All 3 jackpots grow progressively as bets are made by players in multiple participating online casinos. For each spin, on any of the Marvel Jackpot games, the house adds a small credit to all running jackpots. All 3 levels in Marvel Jackpot can be won irrespective of hitting any paying combination, while betting any amount on any of the "Marvel Jackpot" slots.

Marvel Jackpot slots is just a part of PartyCasino's massive range of slots and progressive slots, part of the ever–increasing suite of fantastic games. Visit PartyCasino and download the latest games or play games instantly, right on the site.

MARVEL, and all related characters and the distinctive likeness thereof are trademarks of Marvel Entertainment, Inc. and its subsidiaries, and are used with permission. Copyright © 2009 Marvel Entertainment, Inc. and its subsidiaries. Licensed by Marvel Characters B.V. All right reserved.

As Marvel living legend Stan Lee would say, Excelsior!

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IGT Goes 'All In' With Texas Hold'em Heads Up Poker(TM) at World Series of Poker

2011-11-05T15:34:00.001+11:00

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Poker Game's Mathematical Model Simulates the Operation of the Human Brain to Give Players Authentic Experience

LAS VEGAS, Nov. 3, 2011 - The over 150 million Texas Hold'em fans around the world will be hootin' and hollerin' at no longer having to wait in long lines to play the tables or lasso up a willing opponent with the debut of Texas Hold'em Heads Up Poker(TM) from International Game Technology (NYSE: IGT). Premiering at the 2011 World Series of Poker at the Rio in Las Vegas on Nov. 5-6, fans can now enjoy everything they love about Texas Hold'em - the strategy, bluffing and tells - in an interactive poker machine.

IGT's Texas Hold'em Heads Up Poker(TM) is the first poker game to use a neural net, a technology-developed mathematical model that simulates the operation of the human brain.
The advanced technology of Texas Hold'em Heads Up Poker(TM) recreates engaging behavioral nuances such as opponent "bluffing" and "thinking" in a scenario that's less intimidating than a live-table experience - making the slot machine inviting to all levels of Texas Hold'em players.

In addition to the innovative technology, a number of other features will have casino-goers strapping on their cowboy boots to test their skills against this highly individualized game:
Striking graphics and player-customizable options - including fun touchscreen good luck charms - will entertain and delight even the coolest poker players.

The Multi-Hit Stud Bonus game doubles the action and increases the player experience.
After the conclusion of a game, the "peek" feature gives the player the choice to see the opponent's cards - even if a showdown did not take place - giving the player insight as to how the opponent plays.

At this year's World Series of Poker, Texas Hold'em Heads Up Poker(TM)will be on display for players, operators and media to try on Nov. 5-6. IGT brand ambassadors will be handing out free play coupons from 4-6 p.m. on Saturday, Nov. 5, and from 10:30 a.m.-2:30 p.m. on Sunday, Nov. 6.

"Designed to bring all the thrills and high drama of live-action table Texas Hold'em to the slot machine format, players will want to put on their shades and pull down the brim of their hats to hide their tells when they saddle up to Texas Hold'em Heads Up Poker," said Eric Tom, IGT executive vice president, North America Sales and Global Operations. "This is a game that players of every level can test their craftiest bluffing strategies and Texas Hold'em skills against."

About IGT
International Game Technology (NYSE: IGT) is a global leader in the design, development and manufacture of gaming machines and systems products, as well as online and mobile gaming solutions for regulated markets.

Press Release

AGA Statement on the Eve of the World Series of Poker Main Event Final Table

Statement by Frank Fahrenkopf, president and CEO of the American Gaming Association, on the Eve of the World Series of Poker Main Event Final Table

“The World Series of Poker Main Event final table kicks off in Las Vegas this weekend. As the popularity of one of America’s favorite pastimes continues to grow, it should come as no surprise that millions of Americans from all walks of life are expected to tune in to watch the action.

Unfortunately, when these same Americans – plus many more—log on to play poker online, they face a Wild West atmosphere with little or no regulation and where law enforcement has limited ability to protect them. Congress must act to approve legislation allowing states to license and regulate online poker so Americans who play online poker can do so safely with responsible, law-abiding operators.

Establishing federal guidelines to allow state-licensed and regulated online poker would also effectively keep minors from gambling online, prevent fraud and money laundering, address problem gambling and ensure players aren’t being cheated. American consumers deserve to be protected. Licensing and regulation of online poker in the U.S is the only way to do it.”

For more information about how to create a safe, responsible and regulated online poker environment in the U.S., visit the AGA’s Online Poker Headquarters at www.americangaming.org/onlinepokerHQ

The AGA represents the commercial casino-entertainment industry by addressing federal legislative and regulatory issues. The association also serves as a clearinghouse for information, develops educational and advocacy programs, and provides leadership on industry-related issues of public concern.

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Bwin.Party Digital Entertainment agrees American joint venture with MGM Resorts and Boyd Gaming - 2nd November 2011

2011-11-03T09:13:00.001+11:00

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Bwin.Party Digital Entertainment Plc has announced details of a joint venture agreement with US bricks and mortar casino groups MGM Resorts International and Boyd Gaming Corp that will see them offer online poker in America should it become regulated and licensed.

The deal will see bwin.party, MGM and Boyd form a jointly-owned US-based company (‘Federal NewCo’) with bwin.party owning 65%, MGM owning 25% and Boyd owning 10%. Should federal legislation be enacted the joint venture would offer online poker to US players via the World Poker Tour and PartyPoker brands with bwin.party providing the software and support. Should US poker be legalised at the state rather than federal level a new stand-alone company would be created to develop opportunities on a state by state basis.

“Our strategy has been designed to address any and all legislative outcomes, whether federal or state-by-state.” said Jim Ryan and Norbert Teufelberger, the Co-CEOs of bwin.party. “We are particularly excited to be working with MGM and Boyd. Combining their significant assets and regulatory expertise with the strength of our PartyPoker and World Poker Tour brands, all supported by our in-house technology, makes us perfectly positioned for any future opening of the US online poker market.”

In addition to the customer facing deal, bwin.party, MGM and Boyd also revealed details of a two separate 15-year business to business agreements that would “enable them to offer real money online poker services under their own brands in the US using the bwin.party technology platform and associated services.”

Jim Murren, Chairman and CEO of MGM Resorts International, said 'MGM has long been supportive of federal legislation to strengthen UIGEA and provide the needed regulations and consumer protections for online poker. MGM is proud to have bwin.party as our partner as they have the assets and experience that, combined with our brands, can ensure a secure, fair and entertaining online poker experience.”

Keith Smith, President and CEO of Boyd Gaming, added “We believe the right approach to offering legal online poker in the United States is through a federal regulatory structure that ensures the games are conducted with the greatest possible integrity and security. Should Congress enact legislation to legalise Internet poker, this agreement will allow us to partner with the world’s most experienced and prestigious online operator to offer a secure, fair and entertaining experience for players in the United States.”

Bwin.Party also confirmed that it is set to enter a preliminary suitability review with the Nevada Gaming Control Board in order to secure an advanced finding of suitability in anticipation of future US-facing real money poker opportunities.

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James Packer Whacks Poker Machine Reforms - 27th October 2011

2011-10-27T13:29:00.000+11:00

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Crown Casino Crown Limited James Packer Politics Melbourne Gaming

James Packer, chairman of casino owner Crown, says proposed poker machine reforms will not tackle problem gambling.

Speaking at Crown’s annual general meeting in Melbourne this morning, Mr Packer said mandatory pre-commitments for high-intensity poker machines was not the right solution.

"We don’t have an issue with the federal government taking action against problem gambling, but it must be the right solution," he said.

"In my view, there is no evidence that introducing mandatory pre-commitment or introducing a one dollar maximum bet will be effective in tackling problem gambling, but it will hurt recreational players, and that will cost jobs and investment across the industry and cost the state government tax revenue used for essential community services.

"It’s not enough to identify the right problem, we need the right solution." Crown, which owns the Crown Casino in Melbourne and Burswood Casino in Perth, is concerned about problem gambling and always has been, Mr Packer said. "I believe no one in this country, or, in fact, in the world-wide casino industry, has done more to address problem gambling," he said.

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Australian Sports Entertainment

The Darling At The Star Opens Friday, by Greg Tingle - 24th October 2011

2011-10-24T16:53:00.000+11:00

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World Casino Directory Global Gaming Directory Australian Casinos The Star Echo Entertainment Gaming Sydney Australia

Well, we've all heard of Star City Casino, recently rebranded as The Star, but wait for it... introducing you to The Darling which opens its luxurious doors this Friday.

This presser is not about gambling at all, except for the fact that it's all part of The Star, owned by Echo Entertainment.

Echo Entertainment and James Packer's Crown Limited (aka Crown Casino) are locked in a casino war battle for VIP's and whales, with lear jets and "lucky money" all the rage for the privileged few.

Don't worry about new friend of the Star, movie star, Leonardo DiCaprio. He's got a whole floor at The Star for his famous mixing of business and pleasure.

Regular punters might not be in for a whole floor, but the suites are so sweet, you'll hardly noticed. You might feel like a movie star yourself after checking out the digs at the new hotel.

We're hear via the grapevine that Echo Entertainment has a promo for Australia’s media, gaming and travel press, so we will look forward to your kind offer then.

The Darling is set in the high spot of the market. Get this, you have the hotel and spa, swell views of Sydney Harbour, and you can choose from 171 rooms and suites. There's 5 penthouse suites located on the top floors and the view of the Harbour is to die for.

The Hotel also has 9 Stellar Suites, designed for comfort providing a ‘home away from home’ feel, 8 Adored Suites which exude a high end residential feel, 35 spacious Jewel Suites and 113 Darling Rooms. Yes, something for everyone, who can afford it.

The Darling wants full rooms, not low occupancy rates, hence their generosity with Australian news media, gaming and travel biz types. It's wonderful that The Star appreciate the fine job that Australian press has done for theme in their transforming of their once "ugly duckling" casino or "RSL on you know what casino jack", which wasn't exactly complimentary.

The Darling Hotel GM named the hotel "refined with subdued hues, yet the ambiance warm and inviting".

"Our guests will experience a one of a kind mix of an entertainment destination, a relaxed urban culture, a contemporary design, all overlooking the spectacular Sydney Skyline."

The gorgeous 16 room spa is a major drawing point The Darling and sports both oriental and European themes and beauty goodies.

The Hotel lobby shows off art by both Australian and international artists. We've also heard there's a billiard table that you should also try your luck on.

If you have time, check out the Japanese restaurant, Sokyo, as well as the well stocked bar, located near the lobby.

So impressed are Australian press by all that The Star offers, media agencies such as Media Man are lining up to do extra reviews. The right press is more important the advertising, so The Star and Echo Entertainment powers that be would do well to make sure the press stays on side, as soon the love affair and honeymoon period with media may be over.

From our estimation The Star is continuing to live up to the hype, and we're looking forward to spending much more time there... starting tomorrow, with the red carpet event which compliments Stevie Wonder's exclusive concert at The Lyric Theatre.

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Pokerfest: PartyPoker’s inaugural online tournament festival starts Sunday

2011-10-23T22:33:00.001+11:00

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Series runs until 6th November - quality from as little as $1 NOW!

Gibraltar – 21 October 2011 – The countdown is on for the arrival of PartyPoker.com’s inaugural online poker festival – Pokerfest. With 47 events in a range of game types, the festival starts THIS SUNDAY 23rd October – 6th November guaranteeing $3,000,000. Qualifiers starting from $1 are online now!

A PartyPoker.com spokesman said: "We kick off on Sunday with four no limit hold’em events with guarantees of $300k, $2k, $20k and $150k – these cater for players on all levels with the $2k requiring a points buy-in only. The no limit re-buy tournaments start Monday, with the Pot Limit Omaha dominating Tuesday – the fixed limit hold’em tournaments start on Thursday."

Team PartyPoker.com Pro Kara Scott looks ahead to Pokerfest. Tony G calls everyone out for what he calls a 'Meatfest'.

At least three events every day

Pokerfest will feature at least three events EVERY DAY covering a variety of buy-ins and game types. Below is just some highlights of what is on offer:

· Event #47 - $1,000,000 guaranteed main event - $640 buy-in (qualify from $1)
· Event #23 - $350,000 guaranteed - $215 buy-in (qualify from $2.50)
· Event #46 - $50,000 guaranteed - $33 buy-in
· Event #2 - $2,000 prizepool - 20 Points buy-in

Qualify from as little as $1

PartyPoker.com want everyone to be a part of Pokerfest so they have developed a number of fantastic qualifying routes so players can qualify for a fraction of the main buy-in. There is also a wide range of extra promotions and side events - click on the tabs on the site to check out the $100k leaderboards and get the scoop on how to qualify for a fraction of the buy-in. The grand finale of Pokerfest is the $1,000,000 guaranteed main event taking place at 13.30ET on Sunday 6th November.

Variety of buy-ins and game types

Pokerfest will feature three events every day covering a variety of buy-ins for the following game types:

· No Limit Hold ‘em
· No Limit Hold ‘em + Rebuy(s)
· No Limit Hold ‘em, 6 max table, deep stack Fixed Limit Hold ‘em
· Pot Limit Omaha
· Pot Limit Omaha + Rebuy(s)

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Donald Trump Teams With Avenue’s Lasry in Online Gaming Venture; Casino And Poker Push - 20th October 2011

2011-10-22T15:56:00.000+11:00

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Donald Trump has witnessed too much money side slipping him, and he's hoping that situation changes soon.

The real estate, gaming and entertainment giant, and founder of an Atlantic City casino company says the US should legalize internet gambling. The company that bears his name, Trump Entertainment Resorts, is moving forward with plans to establish an online betting venture... just as soon as it is legal to do so.

The company says it wants to get in on the ground floor of the internet gambling industry, and is close to selecting a joint venture partner to run an online gambling operation. The idea is to be well-placed and ready to go as soon as such activity is legalized in the United States.

"It should be approved here," Trump told news media. "An awful lot of money is leaving the U.S. that should and could stay in this country."

Trump Entertainment, which includes Donald Trump and daughter, Ivanka, and the Avenue Capital hedge fund, would own 10% of the new business venture.

Donald Trump advised the key to success in the online gambling market is having the best brand.

"We think we have the hottest brand there is, the Trump brand, my personal brand," he said. "We think it's going to do phenomenally well."

Donald Trump and New York hedge-fund manager Marc Lasry want a seat at the virtual poker table if online gambling is legalized in the U.S.

The real estate financier, Lasry’s Avenue Capital Group and casino operator Trump Entertainment Resorts Inc. will form an Internet gaming joint venture should U.S. regulators permit such businesses to operate, according to an Oct. 14 regulatory filing. Trump Entertainment, which Avenue Capital took control of last year, would own 10% of the venture, the company said in its filing. It didn’t disclose the stakes to be held by Trump or Lasry’s $12 billion hedge fund.

The agreement coincides with a push to legalize online gambling by states including Iowa and New Jersey, where Trump Entertainment is based and holds casino licenses. The $6 billion that Americans wager each year through offshore sites is tempting state authorities who face budget deficits, as well as casino companies looking for new sources of growth.

"It’s just a matter of time," Ivanka Trump, Donald’s daughter, said in a telephone interview. "It would be a tremendous source of taxable revenue for states or the federal government and an enormous generator of jobs," said Ivanka, executive vice president of development and acquisitions for the Trump Organization, the New York-based parent company of Donald’s real estate operations.

2010 Bankruptcy

Todd Fogarty, a spokesman for Avenue Capital, declined to comment, as did Brian Cahill, a representative for Trump Entertainment. Lasry, 52, is chairman of the company, which operates the Trump Taj Mahal Resort and the Trump Plaza Hotel & Casino in its hometown of Atlantic City, New Jersey. It sold Trump Marina Hotel Casino earlier this year.

The agreement by Trump Entertainment, Donald Trump and Avenue Capital restricts all three parties from going after competing proposals through May, according to the filing with the U.S. Securities and Exchange Commission.

Trump Entertainment, which emerged from bankruptcy in July 2010, said in the filing that the joint venture represented "the most advantageous way" to pursue online gaming "at minimal cost" to the company. "One or more other qualified parties" may also participate in the venture, according to the filing.

Ivanka Trump, 29, said that the joint venture is “positioning itself” to be the largest online gaming company if the industry is legalized in the U.S. She added that Trump Entertainment had the necessary licenses, while Lasry’s firm would provide the capital and her father would contribute his name to the venture.

Expensive Proposition

"In terms of the Internet, brand is essential toward attracting players," Ivanka said. "The Trump brand would be the most powerful one in this space."

Setting up an Internet gaming site can be capital intensive, according to Richard “Skip” Bronson, chairman of U.S. Digital Gaming Inc., a Beverly Hills, California, company that has created a technology platform for Internet wagering. While the cost of creating a site is relatively low, online gaming companies must spend heavily to make themselves known and bring in bettors.

"The question is how will you get people to come to the site," Bronson said in a telephone interview. "It takes unique promotions and significant marketing spend."

Trump Entertainment Reorganization

The online gaming industry received a jolt in April, when the U.S. Justice Department indicted the founders of three Internet poker companies, alleging that they circumvented a 2006 federal law barring banks from processing payments to offshore gambling websites. The companies -- PokerStars, Full Tilt Poker, and Absolute Poker -- ranked as the leading online poker sites doing business with U.S. customers, even though they were all based outside the country.

Following the indictments, Caesars Entertainment Corp. and MGM Resorts International, a pair of Las Vegas-based casino companies, funded an advocacy group called FairPlay USA. The group is pushing for the legalization of online poker and revisions to the 2006 law, known as the Unlawful Internet Gambling Enforcement Act.

At least a half dozen states have bills pending tied to the legalization of online gaming, Bronson said, and another six to 10 are studying the issue. He predicts that online gaming will follow the same pattern as state lotteries, which were first adopted in 1964 by New Hampshire and are now offered in 43 states.

‘Domino Effect’

"There will be a domino effect, the same way lotteries started in the 1960s," Bronson said. Under the 2006 federal law, Internet poker sites established in states that legalize online wagering could only accept bets placed within those states, Bronson added.

Lasry, a billionaire investor who specializes in distressed debt, was part of a bondholder group that won control of Trump Entertainment last year when a bankruptcy judge ruled that their bid for the casino company was better than a competing offer from Carl Icahn. The bondholders offered to reduce the company’s debt by $1.4 billion and invest another $225 million, while Icahn sought to convert some $480 million of bank debt into equity, leaving nothing for Lasry’s group.

Under the winning plan, Avenue Capital acquired about a 22 percent stake in Trump Entertainment by swapping the casino company’s beaten-down bonds for stock and purchasing additional shares through a rights offering. Trump, who joined Lasry and the other bondholders after originally submitting a competing proposal with billionaire Andy Beal, received a 10 percent stake in the company for the right to use his name.

Three’s A Charm

Trump, 65, entered the casino business in 1984 with the Trump Plaza, and in 1990 defaulted on $675 million in junk bonds from his Taj Mahal casino and declared bankruptcy. Following the bankruptcy reorganization, he took the company public in 1995 as Trump Hotels & Casino Resorts Inc.

Trump Hotels & Casino filed for bankruptcy protection in November 2004. When the second bankruptcy proceeding was completed the following year, Trump stepped down as chief executive officer while retaining his role as chairman, and the company was renamed Trump Entertainment Resorts.

Just before the casino company made its third bankruptcy filing, in February 2009, Trump stepped down as chairman and Ivanka also left the board. At the time, he held a 24 percent stake in Trump Entertainment.

Lasry has hosted high-stakes poker games in which the take can be as high as $20,000, according to "Hedge Hunters," a 2007 book by Bloomberg News reporter Katherine Burton. He is one of several hedge-fund managers who are also poker buffs, including David Einhorn, head of Greenlight Capital Inc., Cliff Asness, chief of AQR Capital Management LLC and Kenneth Griffin, founder of Citadel LLC.

Just a few online gaming companies that are understood to be interested in coming to business terms with Trump include Bwin.Party Digital Entertainment, Richard Branson's Virgin Games and PKR. Most experts see Bwin.Party as the best bet, as they don't have any outstanding issues with the US Department of Justice, and have been playing by the rules (law) for many years, while other gambling companies continue to go after U.S players.

Internet gambling is legal in many countries, with the U.S being a glaring exception.

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Bwin.Party Digital Entertainment tipped to be dominant player; Buy rec, by Greg Tingle - 21st October 2011

2011-10-21T18:14:00.001+11:00

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Medium to long term investment prospect, Bwin.Party Digital Entertainment (LON:BPTY) could be the dominant player in online gaming across Europe, deriving the majority of its profits from regulated markets, states UBS analyst Simon Whittington.

In the meantime, the company is buying back shares, paying around 5% dividend yield, and driving double-digit EBITDA growth, underpinned by conservative synergies, he added.

UBS rates the firm a 'buy' with a 12 month target price of 185 pence (current price: 104.8 pence).

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Donald Trump says US should legalize Internet betting - 21st October 2011

2011-10-21T14:54:00.000+11:00

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Donald Trump has witnessed lots of money side slipping him, and he's hoping that situation changes soon.

The real estate, gaming and entertainment tsar, and founder of an Atlantic City casino company says the US should legalize internet gambling. The company that bears his name, Trump Entertainment Resorts, is moving forward with plans to establish an online betting venture... just as soon as it is legal to do so.

The company says it wants to get in on the ground floor of the internet gambling industry, and is close to selecting a joint venture partner to run an online gambling operation. The idea is to be well-placed and ready to go as soon as such activity is legalized in the United States.

"It should be approved here," Trump told news media. "An awful lot of money is leaving the U.S. that should and could stay in this country."

Trump Entertainment, which includes Donald Trump and daughter, Ivanka, and the Avenue Capital hedge fund, would own 10% of the new business venture.

Donald Trump advised the key to success in the online gambling market is having the best brand.

"We think we have the hottest brand there is, the Trump brand, my personal brand," he said. "We think it's going to do phenomenally well."

In a filing with the Securities and Exchange Commission, Trump Entertainment said it has "determined that such a joint venture represents the most advantageous way for the company to participate in opportunities in online gaming at minimal cost to the company."

No cost estimates were given, and Robert Griffin, the company's CEO, declined to comment Thursday. But in March, after Gov. Chris Christie vetoed a bill passed by New Jersey lawmakers that would have allowed Internet betting solely within New Jersey's borders, Griffin said the money lost to offshore operators should benefit New Jersey.

The new law would seen New Jersey become the first state in the nation to allow Internet betting.

"Currently, millions of Americans engage in online gaming with illegal offshore operators, and do so with no oversight, no regulation or no consumer protections," Griffin said at the time. "It makes sense for the state of New Jersey to regulate this activity, enforce strict standards to ensure games are fair and safe, and in turn be able to collect tax revenue instead of having those dollars and the jobs they support leaving New Jersey and going illegally overseas."

Christie advised he vetoed the law fearing it was unconstitutional and could lead to an explosion of betting parlors throughout the state. By law, gambling in New Jersey is restricted to gaming hotspot Atlantic City.

But a New Jersey lawmaker is asserting that individual states in fact have the legal right to offer in-state Internet gambling within their own borders.

State Sen. Raymond Lesniak, D-Union, wrote in July to U.S. Attorney General Eric Holder asserting that New Jersey and all other states can legally offer online betting within their borders.

Lesniak said he will introduce legislation in November to address the prime concerns expressed by Christie.

The filing said the company, Donald and Ivanka Trump, and Avenue Capital have signed an agreement authorizing the joint venture once it becomes legal, and that prohibits any of them from seeking other online gambling ventures through May 2012.

Atlantic City is in the midst of a nearly 5-year revenue slump brought on by increasing competition from casinos in neighboring states, and worsened by the continuing unsteady economy. It's also speculated that many AC businesses have not adapted well to the internet medium.

Just a few online gaming companies that are understood to be interested in coming to business terms with Trump include Bwin.Party Digital Entertainment, Richard Branson's Virgin Games and PKR. Most experts see Bwin.Party as the best bet, as they don't have any outstanding issues with the US Department of Justice, and have been playing by the rules (law) for many years, while other gambling companies continue to go after U.S players.

Internet gambling is legal in many countries, with the U.S being a glaring exception.

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Bwin.Party Digital Entertainment Nears Finalizing US Deals, by Greg Tingle

2011-10-20T21:33:00.001+11:00

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Jim Ryan, the co-chief executive of Bwin.Party Digital Entertainment is a very busy man.

In fact, he's invested three of the past five weeks in the United States pushing a presentation that advertised to investors the strengths of the world’s largest publicly-traded online gambling - gaming firm. Ryan’s presentation included a one-page chart that listed the top online poker brands in the U.S. market. The names of once fierce competitors PokerStars and Full Tilt Poker, were crossed out in red. Is Party the only real game left in town? Time will tell.

“Where you see the red lines, those organizations have been indicted, so although one can’t predict the future, it’s unlikely you will see those brands back in the U.S.,” Ryan said during an interview. “The brand that has the most consumer awareness is in fact the PartyPoker brand.”

Ryan’s company happens to own both PartyPoker and the World Poker Tour, two of the top online poker brands that did not have their U.S. operations shut down by the U.S. Justice Department in April because they were not facilitating for-money online poker play in America—in the case of PartyPoker since 2006. They also own PartyCasino, a top online casino destination website. The fact that Ryan, who is based in Gibraltar, has recently been spending so much time in the U.S. demonstrates he is optimistic and hopeful for a U.S. comeback. “My focus is on the U.S.,” says Ryan, who is in the final stages of negotiating partnerships with two U.S. companies. “Even though there is no guarantee that online gaming will ever regulate in the U.S.”

For years Ryan and his staff at PartyGaming, which merged with Bwin earlier this year, had to sit on the sidelines, watching how much money PokerStars and Full Tilt Poker were snatching. It was a difficult thing to watch for the top brass and workers at PartyGaming, which was the biggest online gambling company in the world thanks to its domination of the U.S. online poker market until Congress passed the Unlawful Internet Gambling Enforcement Act in 2006. PartyGaming exited the U.S. market and saw its stock price take a massive hit, while PokerStars and Full Tilt kept their U.S. facing .com websites on air. Party competitors enjoyed somewhat of an unfair advantage, with the rouges using the U.S. market to expand globally at PartyGaming’s expense. “We were beyond the point of frustration,” says Ryan.

Next PartyGaming struck a non-prosecution agreement with the U.S. Attorney in Manhattan, paying $105 million and admitting its U.S. operations had for years violated U.S. law. Meanwhile, PokerStars and Full Tilt continued to operate in the U.S. and claimed that their U.S. operations did not violate U.S. law, pointing to legal opinions the companies had received from top American legal eagles. To many, it appeared like PartyGaming had given a lucrative business away. Even at the company’s headquarters there were doubts until April 2011, when federal prosecutors in Manhattan closed down the U.S. operations of PokerStars and Full Tilt, naming them illegal gambling businesses, and indicted some of their key execs. "I think Party has been vindicated now in getting out when they did and in dealing with the Department of Justice," says Behnam Dayanim, a partner at Axinn Veltrop & Harkrider, who negotiated PartyGaming’s agreement with federal prosecutors in downtown Manhattan.

With all that said, Bwin.Party Digital Entertainment is not exactly holding a management party quite yet. It's so close, yet so far, from reclaiming online poker’s crown. Operating in highly-regulated and taxed European markets while competing against well-run companies like PokerStars is not for the faint-hearted. Bwin.Party’s stock, which trades on the prestigious London Stock Exchange, has dipped by 50% in 2011. Big corporate mergers can be problematic, but the outfit has also suffered a setback in Germany, where the nation’s top civil court recently decided to uphold an online gambling ban, and been dissed by higher gaming duties across Europe. When the company attempted to take advantage of the April U.S. shutdown of PokerStars and Full Tilt, Bwin.Party found that while some new European players were attracted to its poker brands, revenues remained flat-ish. It wasn’t until Full Tilt’s European regulator suspended Full Tilt’s license in late June that Bwin.Party’s increased advertising and promotional expenditures started to pay dividends. PartyPoker is now the second-biggest online poker room in the world, according to PokerScout, averaging 4,150 cash players during any given time. PokerStars has 22,800.

Ryan, who joined PartyGaming as CEO in 2008, has been waiting for this moment for what seems like forever. He long ago took Bwin’s Norbert Teufelberger to a McDonald’s in La Linea, Spain, and chatted to him at length about the pros of combining Bwin’s strong online sportsbook business with PartyGaming’s poker brands, resulting in the merger that was first announced in 2010. Ryan also fine-tuned his company’s business-to-business capabilities over the last few years with an eye toward finding a U.S. partner with whom he can re-conquer America. "We had to be realistic about where we sat in the food chain," says Ryan. "We figured if the U.S. regulated it would be unlikely that we would secure a license directly, that the laws of the land would be written to allow existing land operators and equipment manufacturers in the U.S. to secure the licenses." Ryan is optimistic about current efforts in Washington, driven by the American Gaming Association and powerful casino companies like Caesars Entertainment and MGM Resorts, to potentially get some sort of online gambling legislation through a divided Congress. Ryan notes he is also preparing for the possibility that online poker gets regulated first on a state-by-state basis.

"We have to be ready for both federal or state," he says. "It feels good to have American taxpaying companies finally driving this.".

If an offshore operator is to succeed in American, Bwin.Party Digital Entertainment looks like the firm to place bets with.

Bwin.Party has identified Australia and New Zealand as places to further expand their business, even sponsoring high profile poker players such as Tony G and Stewart Scott (a former Crown Casino 'Aussie Millions' champion.) PartyPoker is one of a number of rumoured brands set to take over the sponsorship spot at James Packer's Crown Casino that FTP once enjoyed. Party look to have as much chance as anyone, probably more so.

In the meantime, poker and casino game players in regions such as Australia, New Zealand, Canada, Italy, South America, South Africa and beyond can continue to enjoy their gaming.

Poker playing celebs such as Leonardo DiCaprio, Matt Damon and Tobey McGuire are understood to be open to sponsorship approaches from Bwin.Party.

Governments of the world - you're throw of the dice.

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Crown Casino Caught Out By Fake VIP Gambling Whale - 19th October 2011

2011-10-19T15:31:00.000+11:00

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It took a "high-value" casino whale type gambler snatched by Crown Casino about five minutes to create the paperwork that duped the venue into advancing him $125,000 that he hoped would recoup what he had lost at its tables.

Jung Hwan Choi dropped $200,000 there last year and yesterday a Melbourne court heard how his "inherently simplistic" scam beat the house.

The County Court was told that Choi was flown to Melbourne from Sydney in November last year in a visit organised by a casino marketing executive.

Prosecutor Amanda Ring advised Choi accessed his bank account at an internet cafe to transfer from his mother's account $1 and then copied the screen shot of the receipt's transaction and his balance.

With the images stored on a USB device, Ms Ring said he then imported them onto a PowerPoint program from which he changed his bank balance from $12.87 to $284,000.

Choi also altered the $1 transfer receipt to reflect a transfer of $100,000 from his account to Crown.

Arriving cashless at the casino on November 14, he was greeted by an executive host who sighted Choi's account balance and the transfer receipt and was advanced $100,000.

After gambling "heavily and unsuccessfully" that night, Ms Ring said Choi the next day was advanced $25,000 in gaming chips.

Arrested in February, Choi told police he had been "desperate" and had lost $200,000 at Crown over several months and "I wanted it back".

Defence barrister Geoffrey Steward said Crown's reaction to that "windfall" had been to ring him and invite him to dinner.

Mr Steward said Choi, 38, dined with a casino marketing executive and was gifted a $600 Louis Vuitton wallet.

"The cynical may say, 'Thank you for losing $200,000, you are welcome any time'," Mr Steward said of Choi's VIP status, which included plane trips, accommodation, limousines, food and beverages.

"You feel like a king, but he was more of a pauper than a king," he said.

Mr Steward told Judge Wendy Wilmoth that Crown did not deserve to lose its money, but to his client it was ''like a monolithic piranha dangling carrots'' of seduction, love and luxuries that were "incapable of resisting".

Choi, a married father of two, described himself as a now-reformed "gamblerholic" who had lost more than $2 million at casinos.

He pleaded guilty to two charges of obtaining a financial advantage by deception and one of making a false document.

Judge Wilmoth sentenced Choi to two years and three months jail, the term suspended for three years, with an order he pay compensation of $125,000.

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WSOP Europe: Michael Mizrachi, Philippe Boucher Capture Bracelets As Championship Event Enters Day 1B - 16th October 2011

2011-10-17T16:13:00.000+11:00

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As the €10,000 Championship Event of the 2011 World Series of Poker Europe enters its second Day One on Sunday, poker pros Michael “The Grinder” Mizrachi and Philippe Boucher captured the final two preliminary bracelets awarded on Saturday.

In the €10,000 Split Format No Limit Hold’em event, Mizrachi came back yesterday as a member of the Final Four who would determine the title. In his semi-final match against Roger Hairabedian, Michael slowly worked the heads up match to what was a startling conclusion. On the final hand of their matchup, Hairabedian flopped a set of fives on a J-8-5 board, but Mizrachi was able to best that by turning a straight with his 7-6 when a four found the turn. Once the board didn’t pair on the river, Michael Mizrachi was on to the final.

In the other semi-final match, Shawn Buchanan and Noah Schwartz battled it out for the right to face “The Grinder.” Buchanan methodically worked his way into a comfortable lead against Schwartz before getting him to commit his final chips with a mediocre offering. After a minimum raise from Shawn, Noah decided to make a three-bet stand for his last chips with only an A-5 off suit. Buchanan quickly called, tabling his pocket Kings, and once the board ran dry (albeit with a bit of a flush sweat), Shawn Buchanan was the winner of the match.

As predicted here yesterday, the Mizrachi/Buchanan battle was a fierce one, although Michael came to the felt with a 2:1 chip lead over Shawn. “The Grinder,” true to his name, was able to gradually add on to his lead over the two hours of play; nothing that Buchanan attempted seemed to work as his chip stack slowly slipped southward. The end of the tournament was particularly brutal for Buchanan as, holding an A-J against Mizrachi’s A-10, a ten came on the flop to flip the lead to Mizrachi. Turn and river deuces sealed the deal for the 2010 $50K Poker Players’ Champion, giving him his second bracelet in as many years.

1. Michael Mizrachi (United States), €336,008
2. Shawn Buchanan (Canada), €207,624
3. Roger Hairabedian (France), €112,092
4. Noah Schwartz (United States), €112,092

The final table of the €1500 Six Handed Pot Limit Omaha tournament seemed to be more of a sprint than a marathon, highly unlike major championship final tables. Chile’s Nicolas Fierro came to the final table with the chip lead, but it was a one man wrecking ball by the name of Philippe Boucher who stole the show.

After taking almost an hour and a half before the first player, Jack Ellwood, was eliminated by Boucher, the Canadian pro would then storm his way through the remainder of the field. He would go on to knock off the entire table on his run to the title, only pausing slightly during heads up play against Michel Dattani. On the final hand, Dattani would commit his final chips holding an A-A-J-7 against the A-Q-10-9 of Boucher. After the board ran 6-6-8-J-Q to give him the winning straight, Philippe Boucher would pick up his first WSOP bracelet in just under four hours.

1. Philippe Boucher (Canada), €124,584
2. Michel Dattani (Portugal), €76,982
3. Nicolas Fierro (Chile), €53,426
4. Alexander Dovzhenko (Ukraine), €37,529
5. Jared Solomon (South Africa), €26,676
6. Jack Ellwood (United Kingdom), €19,181

While these two final tables wrapped up action, the first Day One of the €10,000 Championship Event was in play. 310 players eventually wound their way to the tables in the battle for the next WSOP Europe Main Event championship, guaranteeing that this will be the biggest Championship Event in the history of the WSOP Europe. Last year’s total number of players was “only” 346 and the record field for the tournament was in 2007 and 2008, when the tournament drew 362 players.

At the end of Day 1A, 173 players remained, with Jamie Rosen holding the chip lead with 162,700 in chips. Notable names in the Top Ten include the U. K.’s Chris Moorman and Erik Friberg, but there are threats looming down the leaderboard. Two time World Champion Johnny Chan is just off the leaderboard in eleventh place with 108,350 in chips, while Ramzi Jelassi, 2011 WSOP November Niner Ben Lamb, Carlos Mortensen, Will “The Thrill” Failla, Chad Brown and Arnaud Mattern are just some of the names in the Top 25.

Day 1B is currently in play, with 165 players stepping up for the action on Sunday. Some of the players who have made early moves during Day 1B include 2010 WSOP November Niner Filippo Candio, Robert Mizrachi, Tommy Vedes, Shannon Shorr, Bryan Devonshire, Sandra Naujoks, Mike “Timex” McDonald and Bertrand “ElkY” Grospellier. Defending World Champion Jonathan Duhamel, Men “The Master” Nguyen, Jean-Robert Bellande and Sorel Mizzi are all below their starting stacks, with “The Grinder” and Steve Billirakis two of this year’s WSOP Europe bracelet winners already eliminated from the tournament.

Final numbers for the Championship Event aren’t in yet, so the prize pool hasn’t been determined or the first place prize. However it plays out, the 2011 World Series of Poker Europe has been a record breaking schedule with its final stories yet to play out. (Credit: Poker News Daily)

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Underground Gambling TV Show With Vin Diesel; ‘Raising Blind’ To Clean Up Ratings, by Greg Tingle

2011-10-16T14:29:00.000+11:00

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Raising Blind, a show on the world of underground gambling, is set to hit the airwaves, and massive ratings and mainstream media attention is expected.

FX will develop a potential series set in the world of underground gambling. The pilot will be penned by Ben Younger and Jay Longino, based on a story by Josh Marchette, Longino and Younger.

John Dahl, who covered underground gambling in Rounders, will direct the pilot show. Vin Diesel and his One Race Films is the production firm behind this. Executive David Ortiz is a key part of the projects success.

Diesel and Younger first tag teamed on the feature Boiler Room. Younger, Dahl, Longino and Marchette will be the executive producers. Diesel and Younger are represented by agency CAA and Brillstein, Dahl by UTA, and Longino by Roar and WME. Yes, a few agencies getting a piece of the pie.

This is the virgin small-screen producing credit for Diesel, a producer on Fast Five and the next round of The Fast And The Furious films, and the next slot of the Pitch Black series.

If you're into underground gambling, don't change your dial.

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Brock Lesnar targets WWE: The Undertaker and "Stone Cold" Steve Austin, by Greg Tingle - 14th October 2011

2011-10-14T23:50:00.001+11:00

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UFC and former WWE man monster, Brock Lesnar, is ready to rock, roll and rumble, this time back into the gaming industry.

The former heavyweight champion (UFC and WWE), along with his manager / agent, Paul Heyman, are also interested in suitable business opportunities, and Australian based media agency, Media Man, took the initiative to test the waters in Asia Pacific via some online media exposure and tactics.

As far as we know, the only time Lesnar has ever actually set foot on Australian soil to date was back in 2002 as part of the WWE 'Global Warming Tour', after taking Hulk Hogan's spot on the card, Lesnar having injured Hogan's back (so the storyline went). Hogan didn't make the 2002 Australian tour, but finally got down under in November 2009 with his 'Hulk-A-Mania' tour, but that's another story brother... and sisters.

The Minnesota monster, who left the world of pro wrestling to brawl as a pro mixed martial artist, rocketed to pinnacle of the heavyweight roster in the Ultimate Fighting Championships and realised his dream of becoming the undisputed heavyweight champion after only four career matches.

The title reign ended in Lesnar's third title defence, when he was stopped dead in his tracks inside the first round by Mexican American Cain Velasquez.

As Lesnar told the media: "On any given day anyone can beat anyone. It happened to me too".

He's currently on the comeback trail to the UFC following a illness, yet Lesnar has told the press in a number of US interviews that he may be tempted back to the WWE... yes, the pro wrestling circus. Well, we don't really think its a circus, but some detractors do.

Quizzed if he would return to the WWE for one more match, Lesnar told ESPN, "I think under the right circumstances I will."

"I think if Vince McMahon and I were able to sit down at the same dinner table and break some bread that we could come up with some kind of game plan...I think a lot of things have to fall in the right places for something like that to happen."

Lesnar's ties with the WWE media and marketing machine have been re-established with the news that he will feature in their upcoming video game, WWE 12, and he has also featured in a viral video to help promote the launch of the game.

The ex WWE champ has hinted that he'd very much like to take on The Undertaker (Mark William Calaway), who has never lost at the showcase event WrestleMania.

"There's a guy that's been on a winning streak for a long time that somebody needs to step up to the plate and finish the winning streak," Lesnar told IGN.

Shawn Michaels, Big Show, Jake "The Snake" Roberts, Ric Flair and a host other others have all tried and failed. Yes, we know that pro wrestling has predetermined winners, but suspend disbelief with us if you will.

And he had some special words for one of the most popular WWE stars of all time, "Stone Cold" Steve Austin.

"There's another side of me that says if there was a chance for me to come back to fight a guy, it would be the guy that I was supposed to fight that chicken-sh**ted out on me and didn't show up, and that would be 'Stone Cold' Steve Austin."

"At the end of the day, my life, my character and my profession - I take them very seriously. At the end of the day, if it doesn't help me or my family out, and it doesn't make sense for me to do, then I don't do it. Everything would have to fall in the right place, but would I consider it? Absolutely."

Lesnar is due to return to mixed martial arts action and face off against former Strikeforce Heavyweight Champion and K-1 Grand Prix kickboxing champion, Alistair Overeem, in a heavyweight superfight at UFC 141. The match will headline the event at the famous American entertainment and gaming venue, the MGM Grand Garden Arena, in 'Sin City' Las Vegas on December 30th. Lesner will be looking for his jackpot Christmas present - the big win.

We can also confirm that Lesnar in interested in other gaming and branding opportunities, perhaps following the lead of fellow monsters Hulk Hogan, Ric Flair, Kevin Nash and the late, great, Andre The Giant. He is also understood to be keen to further explore online gaming opportunities. The Wrestling News Media network is following up for more details. Don't change your dial.

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MGM Resorts Online Game to Attract New Customers - 5th October 2011

2011-10-10T00:49:00.001+11:00

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MGM Resorts International is moving into social gaming in an effort to attract more gamblers to its casinos, said MGM Chief Executive Jim Murren at casino industry conference last Wednesday.

The firm fully expects to soon announce a new social media game, he said, that would be along the lines of Zynga Inc.'s popular online game FarmVille. It would allow players to pretend to be casino moguls, he said.

The game-playing industry and gambling industries, he said, "are on a collision course."

Murren was speaking at the keynote address Wednesday at a conference entitled the Global Gaming Expo.

Murren didn't provide more details about the plans. Among hospitality companies, Marriott International Inc. has created an online game that allows players to manage a virtual hotel restaurant. Marriott's game is designed to be an employee recruiting tool rather than for acquiring customers.

Murren indicated MGM's game would be for trying to grab new customers.

"The demographics of (online) gamers are really right in the strike zone of the gaming industry," Murren said, pointing to the connection between non-gambling gamers and gamblers.

MGM is also among several large casino companies pushing hard for Internet gambling to become legal in the U.S.

MGM generates most of its revenue from casinos on the Las Vegas Strip and also owns around half of a casino in the robust gambling enclave of Macau. The company's stock price has lost nearly half its value since July on concerns of the U.S. economy and, more recently, concerns about a slowdown in growth in China. The company is still carrying a massive amount of debt.

Murren has consistently been among the most upbeat among gambling operators regarding the future of Las Vegas, even in depths of the recession of a couple years ago. He said he sees a wide gulf between what he thinks the company's stock price is and actual financial results and outlook.

"I turned my Bloomberg off about three weeks ago," Murren quipped.

After a deep downturn, both MGM and Las Vegas as a whole have shown signs of sustained but slow improvement in gambling revenue this year. Still, some observers are concerned by continued bad economic signs.

"We have exceeded our forecast and that of the street the last two quarters and had a nice third quarter as well," he said. "The market is valuing us about where we were three years ago in the teeth of recession and it just doesn't connect with me because we don't see anything inside our business that would suggest that that is accurate."

The company is optimistic about growth in Macau, he said, and has developed designs and plans for a new casino there. MGM and other casinos are awaiting government approval for their new projects.

His comments about Macau echoed those of Michael Leven, president of competitor Las Vegas Sands, who on Saturday said at a conference in Las Vegas that the company doesn't see negative signals there despite investor concerns.

MGM is also working on developing around 20 non-casino projects throughout China, Murren said.

Media Man is following up.

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Gaming, Casino, Poker And Entertainment News: Bwin.Party, Full Tilt, Marvel Entertainment, Crown Casino, The Star, by Greg Tingle

2011-09-21T14:51:00.000+10:00

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Bwin.party stocks skyrockets after Schleswig-Holstein online gambling approval...

Bwin.party Digital Entertainment stocks rose over 12% after German state Schleswig-Holstein passed its new online gambling legislation. As reported earlier, the new bill which narrowly passed the Schleswig-Holstein Parliament poses more competition inducing rules and friendlier tax rates.

Bwin.party shares jumped 12.2% Wednesday while Betfair, an online betting exchange company, posted a 3.2% increase. Both Bwin.party and Betfair plan to apply for licenses to operate in Schleswig-Holstein as soon as the bill is implemented in January 2012.

Schleswig-Holstein is the first to implement such online gambling legislation among 16 German states and the remaining 15 continue to pose high tax rates that prohibit healthy online gambling market in the country in general.

PartyCasino Bwin.Party Online Casino Powerhouse Gets New Games...

Party's upped the ante again by adding yet more online casino games to their portfolio. They welcome in 'The War Of The Worlds' , 'Aztec Gold' and 'Loot'En Khanum'. PartyCasino has been awarded numerous industry awards and commendations over the years including Media Man 'Online Casino Of The Month' and EGR 'Socially Responsible Operator Of The Year'. The casino offers a range of slots, table games and also offers poker via its sister website PartyPoker.com

Online gambling site busted in 'Ponzi scheme'...

International online gambling site Full Tilt Poker stole $440 million from players around the world in a Ponzi scheme used to pay lavish fees to board members, US prosecutors said Tuesday.

Full Tilt "defrauded players by misrepresenting that their funds on deposit in online gambling accounts were safe, secure, and available for withdrawal at any time," the US Attorney's office for Southern Manhattan said.

"In reality, Full Tilt Poker did not maintain funds sufficient to repay all players, and in addition, the company used player funds to pay board members and other owners more than $440 million since April 2007."

The senior prosecutor, US Attorney Preet Bharara, said the site's top figures, including famed poker champions Howard Lederer and Christopher Ferguson, "lined their own pockets with funds picked from the pockets of their most loyal customers while blithely lying to both players and the public alike about the safety and security of the money deposited with the company."

In a classic pyramid scheme, gamblers were given the impression that they still had money deposited and were allowed to keep gambling, even when all that remained were "phantom" funds, prosecutors said. The company ended up owing $390 million worldwide, including $150 million to US customers.

"Full Tilt was not a legitimate poker company, but a global Ponzi scheme," Bharara said.

Full Tilt Poker was first sued by federal authorities in April as part of a broader crackdown on online gambling, which the Justice Department says is illegal. The suit was revised and refiled Tuesday in the still developing investigation.

In the original suit, Full Tilt Poker and two other online poker companies -- PokerStars and Absolute Poker -- were charged with bank fraud, money laundering, illegal gambling and other offenses.

Bharara said the Justice Department had filed an amended complaint against Full Tilt Poker to reflect the accusation that the company was running a Ponzi scheme.

Ferguson, the poker world's equivalent of a rock star and known to aficionados as "Jesus," and Lederer were not mentioned in the original complaint against Full Tilt Poker. They are alleged to have been paid $25 million and $42 million respectively by the site.

The amended complaint seeks the forfeiture of dividends received by Ferguson, Lederer, and other directors, and money laundering penalties.

While Internet gambling has been illegal in the United States since 2006, online poker remains a multi-billion-dollar industry with companies using a variety of ways to flout the law, including locating their operations offshore.

The US ban on Internet gambling has been challenged as an unfair trade restriction at the World Trade Organization and some US lawmakers are seeking to have online gambling legalized.

Crown Casino VS The Star Land Based Casino War Continues...

Greg Fraser has an interesting and intelligent article in today's Sydney Morning Herald. James Packer's Crown Limited still has the upper hand over rival The Star in many departments. The article reads...

Crown is still the king of Australian casino businesses.

There is a high-stakes game being played out between Crown’s Melbourne and Perth casinos and Echo Entertainment Group’s newly renamed The Star Casino in Sydney.

Echo has spent $960 million on its upgrade but Crown will have spent almost $2.1 billion across its two casinos by the time everything is finished.

Crown has consistently upgraded its properties to avoid the dangerous ‘‘tired’’ tag that can easily sap patronage and earnings.

The company has always produced a nice mixture of gaming and non-gaming earnings that has become the norm for all casino resorts.

But the headlines usually focus on the glamour and mystique of the high rollers, who last year put about $40 billion on Crown’s gaming tables in Australia.

This lucrative business generated $486 million of revenue for Crown last financial year and should continue to contribute earnings growth following the latest incarnation of its private gaming suites. Read the full article here

World Casino Directory Still A Big Hit With Industry And Punters...

Media Man's World Casino Directory and Global Gaming Directory are still a big hit, according to the numbers. Check out some of the world's best online and land based casino websites here and here.

PartyCasino VS Virgin Casino "War" Continues...

Bwin.Party Digital Entertainment and Richard Branson's Virgin Enterprises Limited are still at it, with both continuing to add new slot games. Bwin.Party's PartyCasino is more established and accepts players from more countries than Virgin, while Branson's Virgin enjoys a strong brand name in hundreds of other sectors. Party consistently offers higher sign up bonuses to new players.

Billionaire Solomon Lew in ugly Crown casino carpark row...

The Herald Sun reports...Billionaire businessman Solomon Lew was allegedly involved in an ugly fight with his estranged son-in-law at Crown casino on Saturday night.

It is believed Mr Lew and Adam Priester were captured on casino security cameras clashing heatedly in Crown's VIP carpark about 9pm. But the two men have given conflicting versions of events.

Mr Priester, a businessman who is separated from Mr Lew's daughter Jacqueline, is believed to have reported the incident to police.

The Avengers hero Chris Evans praises Marvel's Stan Lee...

Chris Evans who brought Captain America to life on the big screen in this year's Joe Johnston directed Marvel Comics adaptation Captain America: The First Avenger has praised Marvel Comics creator Stan Lee, describing him as "amazing".

Lee who has brought to life so many iconic characters over the years recently filmed his cameo in next year's superhero team up The Avengers describing it as "probably the funniest line that I've had to say yet".

Speaking to MTV News Evans said "It's great. He's an amazing human being, the guy is a living legend. He's so positive and so upbeat and so energetic and just a nice man."

Lee will also appear in Marc Webb's The Amazing Spider-Man and previously said it would be his "best cameo yet".

The Avengers sees Evens star alongside Chris Hemsworth, Jeremy Renner, Scarlett Johansson, Robert Downey Jr. and Mark Ruffalo and hits cinemas on May 4 while The Amazing Spider-Man swings into cinemas in 3D on July 4.

Stan Lee talks about his cameos in The Amazing Spider-Man and The Avengers...

Appearing before a capacity crowd on Sunday at the 2011 Montreal Comic Con, Lee spoke about his cameo roles in movies based on the classic characters he co-created, such as Iron Man, X-Men, Spider-Man and Hulk.

“If you blink your eye, you might miss me”, he said, in reference to his brief on-screen appearances. Though Lee, not surprisingly, said that he did enjoy doing them, since “I get to meet all the actors.” He went on, “I just show up on the set and everybody treats me well. And I get my own trailer.” Lee was quick to point out that his cameos are “always big hits”, before jokingly adding, “I wonder if Brad Pitt looks at me and goes ‘hmmm.’”

Lee then really wowed the enthusiastic crowd when he mused, “I don’t know why DC doesn’t ask me to do cameos in their movies. Then their box office revenues would shoot up”. Pausing for audience applause, Lee then added, “Imagine how people would react if they saw me in one of those movies?”

In fact, Lee has made two appearances in DC-related documentaries. He was interviewed in the Shadows Of The Bat: The Cinematic Saga Of The Dark Knight, which appears as an extra on the Special Edition DVD and Blu-ray disc of the 1989 Batman movie. Lee was also interviewed for Kevin Burns’ 2006 documentary, Look Up In The Sky: The Amazing Story Of Superman.

Lee also mentioned his appearances in the upcoming Spider-Man reboot, and the highly anticipated Avengers movie. While he wasn’t able to reveal the details of his cameo in those films, Lee did say, “I tell you this. It is one of the funniest ones I’ve done. It’s about as funny as the one that I did in the new Spider-Man movie which hasn’t opened yet. Spider-Man and The Avengers, remember when you see ‘em, I told you that they are going to get very big laughs.”

The Avengers will arrive in UK cinemas on 27th April 2012, while The Amazing Spider-Man is due out on 4th July 2012.

Stay tuned for American and Australian dates.

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Casino News Media: Australia, Asia Pacific, American; Sports Betting And More, by Greg Tingle

2011-09-11T18:11:00.000+10:00

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Sport bosses want veto on spot betting...

Australia's seven major sports want to be able to veto types of spot betting, with Federal Sports Minister Mark Arbib on board and urging his state counterparts to follow suit.

The state sports ministers will meet on the Gold Coast on Friday to consider a proposal which would greatly increase the criminal penalties for corruption in sport.

The NRL, AFL and Cricket Australia are among those to push for the power to ban spot betting, while they have also joined calls for 10-year jail sentences for gambling-related corruption.

Spot betting, where gamblers place wagers on sometimes relatively incidental elements of games such as no-balls in cricket or corner kicks in soccer, is considered the area of sports gambling most susceptible to corruption.

The problem was highlighted by the scandal involving three Pakistani cricketers on last year's tour of England.

Mr Arbib says it is vital there is a national approach to what is a growing problem in sport.

"There must be national consistent laws in relation to criminality; that is something I am urging all states to sign up to at the state sports ministers conference on Friday," he said.

"We must have in place integrity agreements between sports and the betting agencies."

Sports gambling in Australia, worth $2.8 billion in 2008, is a major growth industry, although there have been relatively few cases of corruption to date.

"Even the perception that something could be wrong is enough to undermine a sport's public credibility," Cricket Australia chief James Sutherland said.

The veto proposal was contained in an Anti-Corruption Working Paper endorsed on Wednesday by the Coalition of Major Professional and Participation Sports (COMPPS), which represents rugby (union and league), cricket, AFL, soccer, tennis and netball.

The paper, brought together by former International Cricket Council (ICC) chief Malcolm Speed, had three main proposals.

These included calls for severe penalties for the offence of "cheating in connection with sports wagering" and a requirement that betting providers hand over details of suspicious betting patterns.

The sports also want betting companies to pay a fee for using their "intellectual property rights".

"The recommendations detailed in the working party paper set out to preserve the integrity of Australian sport and stem from a desire from professional sports to stamp out betting related corruption," Sutherland said.

"They are individual and collective actions designed to minimise opportunities for corruption and arm sports governing bodies with the ability to deal with corruption effectively if and when it affects Australian sport."

Gambling is becoming increasingly linked with Australian sport as TV broadcasts exhort viewers to bet on events and odds are displayed on perimeter advertising.

Some of the bodies represented by COMPPS also generate revenue from gambling through sponsorship by betting companies.

"The answer that the sports give to that, and I think it's a good one, is that one of the key aspects is intelligence - to get an early warning," Speed said back in March.

"The best way of doing that is for the betting agencies and the sports to be on the same page so that if there are suspicious betting patterns, they can report that to the sports and the police.

"So it's good they have a close relationship. Whether it needs to be as close as it is, in terms of sponsorship, I think that's the issue they face."

International Gaming Awards 2012 Announced...

International Gaming Awards (IGA) seeks to reward excellence in all areas of the gaming industry. It covers both land casino operations and online gambling operations. IGA has held four successful awards ceremonies and has just announced the dates for the fifth consecutive one. The prestigious event will take place on January 23 2012 at the Sheraton Park Lane Hotel in London. The extravagant event will unite industry professionals from all around the world. The delegates use the awards ceremony to build their brands and also their networks within the industry.

Nominations have been invited for the various categories of awards and will close on October 18 2011. The nominees will be assessed by an expert panel of judges. The categories related to online gambling will be of greater interest. The iGaming Software Supplier category will look at features like originality, competitiveness and innovation in supplying software to online gaming operators. Playtech won the award in 2011. The Mobile Operator of the Year award will recognize simplicity of use, access, reliable technology and integration with other platforms. This is a new category introduced because of the high growth in the mobile sector. Support for responsible gambling is in the limelight and the IGA will felicitate the Socially Responsible Operator of the Year Online. The judges will look for efforts in implementing procedures and safeguards for customers, availability of problem gambling assistance by customer support and initiatives in campaigning for socially responsible gaming.

The Online Casino Operator of the Year award will be one of the most awaited for online casino players. The award will go to the online casino operator that has shown innovation and invention in the casino sector during 2011. The judges will also look at brand identity, marketing, payment processing, usability and games offered. Last year PartyGaming received the award in this category. Awards on similar lines will be given to the Online Bingo Operator of the Year, the Online Poker Operator of the Year and the Online Sportsbook Operator of the Year. Online slots are the heart of online gambling. The winner in the category Slots Operator of the Year (Online) will be a slots operator that has shown growth, offers an array of different slots games to players and has created a brand identity in this sector.

IGA has a tradition of charity as well. It uses the awards ceremonies to raise awareness and financial assistance towards its chosen charities. Proceeds from the 2012 event will support Care International and Children with Leukemia. In a special initiative this year IGA has tied up with the European Gaming and Betting Association (EGBA) for aid to the Horn of Africa crisis.

Council wants more say on pokies...

The Bendigo council is calling for local government to be given a bigger say on poker machine developments.

The Victorian Commission for Gambling Regulation has approved a bid for the Bendigo Stadium to install 30 additional machines, despite the council's opposition.

Bendigo Mayor Rod Fyffe says he is disappointed by the decision and says the council will consider an appeal to the Victorian Civil and Administrative Tribunal.

"Local government should have a greater say in the fact that we represent the community, we speak on behalf of the community and certainly I think that our voice should be heard," he said.

Crown Casino resolves taxi dispute...

Crown Casino says it has resolved a complaint by taxi drivers who held a snap strike outside the Melbourne complex overnight.

About 100 drivers refused to take passengers leaving the casino after police issued a number of fines for parking in a no-standing zone.

The taxi drivers say they was not enough space to legally park while they waited for a fare.

Crown spokesman Gary O'Neill says the main taxi feeder at the complex will be fully operational from tonight.

"We will increase the resources of that taxi feeder rank but also ensure that all of the taxi drivers themselves know how the feeder system operates," he said.

"You know, you've got new generations of taxi drivers coming in all the time and maybe they don't fully understand how the feeder rank system works."

Wilkie accuses clubs of bullying Salvos...

Federal independent MP Andrew Wilkie has accused some sections of the poker machine industry of bullying the Salvation Army into opposing his gambling reforms.

On Thursday the Salvation Army's eastern territory of NSW, Queensland and the ACT said it wanted further trials of pre-commitment technologies before fully endorsing the mandatory pre-commitment legislation.

Mr Wilkie says he has been told some clubs are denying Salvation Army officers access to their venues for fundraising.

"Today Clubs Australia and Clubs NSW have truly plumbed new depths," he said.

"To be bullying the Salvation Army, threatening the Salvation Army, misrepresenting the views of the Salvation Army of all organisations, an iconic organisation in this country."

The Salvation Army says when the reforms were announced, some individual committee members at local clubs had told the charity it was no longer welcome to raise funds on their premises.

"Some people said, 'We don't agree and the Salvation Army shouldn't be coming here if it's not in support of the clubs,'" Salvation Army spokesman Major Paul Moulds said, adding there had been a couple of incidents in NSW clubs.

"It was like, 'If you're going to ruin our business, you're not welcome to come here'."

But Major Moulds says the charity's current position on the reforms is not because of pressure from Clubs NSW.

Great work

A Club Australia spokesman says community clubs have continued to support the Salvation Army's great work with donations and access to premises for fundraising, despite its stance on pokies reform.

He says NSW community clubs donated $503,000 to the Salvation Army in the past financial year.

Mr Wilkie has rejected Opposition claims the reforms do not have enough support to pass Parliament.

Opposition Leader Tony Abbott says a lack of support from regional independent MPs means the changes would not become law and should be abandoned.

However, Mr Wilkie says he believes the reforms do have enough support.

"I remain as confident as ever that these harm minimisation measures will be brought in; that in fact, the Parliament will by May next year pass into law the necessary legislation to force poker machine venues throughout the country to implement these poker machines reforms," he said.

Feeling the heat

The Government must introduce the gambling reforms next year under a deal with Mr Wilkie.

Mr Wilkie says he will walk away from supporting the Government if it does not make an effort to pass the laws.

He says he knows government MPs are feeling the heat over the reforms.

"Full marks to my parliamentary colleagues who are having to go out into their electorates and sell these reforms," he said.

"It is difficult, I understand that.

"It is clear that these reforms are unpopular in some parts of the community, and the industry is capitalising on that and it is making for some tough times for some government MPs in their electorates.

"But I am confident the Government would be aware that these reforms are overwhelmingly popular."

Media Man And Casino News Media Awards

Media Man and Casino News Media have awarded their casino award winners and finalists for August 2011.

Land Based Australian Casino Of The Month: Crown Casino, 2nd The Star (formally Star City Casino), 3rd Burswood Casino, 4th The Reef Hotel Casino (Cairns)

Online Casino Of The Month: PartyCasino.com

*Online casino awards are based on a combination of gameplay, trustworthiness, ethics, customer feedback, affiliate program offerings, word of mouth, customer experience and overall offerings

*Media Man and Casino News Media have been awarding the 'Casino Of The Month' accolade for the land based and online sector since 2009.

Punters, here's 10 of the world's top land based casinos for you to mark down in your travel plans.

Monte Carlo, Monaco: Perched above the Mediterranean and bounded by the French
and Italian coastlines on either side, Monaco provides a spectacular and luxurious setting for the wealthy and the wannabees. Home to the Monaco Grand Prix and the legendary Casino de Monte Carlo, this isn't the place for those on a tight
budget. The magnificent Casino hosts the annual European Poker Tour and was also the scene of several James Bond Films, including the original "Casino Royale" and "Golden Eye".

Paradise Island, Bahamas: Located just off the shore of the city of Nassau, Paradise
Island is best known for its sprawling 'Vegas-by-the-sea' resort, Atlantis. The resort spans seven acres along a lagoon, where guests can soak up the Caribbean sun and choose from a variety of outdoor gaming areas. When in need of a break from
the tables, guests can enjoy the private beach or one of the resorts 20 sunlit pools.

Melbourne, Australia: As Australia's sporting and entertainment capital, Melbourne
offers the perfect option for high rollers looking for a local break. Aussies need look no further than Crown Casino on the southern bank of the Yarra River, which is one of the largest casino complexes in the southern hemisphere. The main gambling
floor stretches more than half a kilometre and the casino was the first to introduce the new game Rapid Roulette, which allows players to place bets on a personal electronic touch screen connected to a central roulette wheel.

Macau, China: Known as the 'Monte Carlo of the Orient,' and the gambling capital of Asia, Macau now rivals Monaco and Las Vegas as one of the premier gambling destinations in the world. With no less than 33 casinos, in addition to local horse and greyhound racing venues, Macau is perfect for the betting junkie. The Wynn Macau
casino is a standout, highlighted by 24-carat gold 'Tree of Prosperity' at the entrance, extravagant water displays and Moon Jellyfish Aquarium at reception.

Baden-Baden, Germany: Situated on the western foothills of the Black Forest and on
the banks of the Oos River, Baden-Baden is not your typical casino town. However, in addition to its hot springs and picturesque countryside, the town is also known for its 200-year-old 'Spielbank' casino - the oldest of its type in Germany. With French chateau-style salons rooms named after historical figures such as Madame Pompadour and Louis XV's mistress, the quirky casino provides visitors with a very unique
gaming experience.

Las Vegas, United States: With over 1700 licensed casinos in operation, Las Vegas
offers the ultimate package for travellers who fancy a flutter. A visit to the famous 'Strip' is a must for any player, whether they're looking for a spin on the roulette table or a game of blackjack - this city has it all. The iconic Caesar's Palace
hotel and casino offers 129,000 square feet of casino space plus an endless smorgasbord of entertainment, shopping and fine dining options, including Cleopatra's barge, a floating lounge perfect for a relaxing drink after a jam-packed night on the
casino floor.

Manila, The Philippines: With a favourable exchange rate, Manila provides great value
for Aussies wanting to live the high-life overseas. The city offers a range of shopping and entertainment options, along with a world-class casino at the Hyatt Hotel. Spread across three levels, the sparkling casino offers the newest in gaming
facilities for both hotel guests and visitors, and is just a short distance from Manila's tourist hub.

Sun City, South Africa: Known as 'Africa's Kingdom of Pleasure,' this luxury resort
and casino complex, just two hours from Johannesburg, boasts two large casinos, two 18-hole golf courses and a wildlife reserve. At the extravagant yet picturesque Palace of the Lost City, guests are treated to stunning valley views from the guestrooms, along with exclusive access to the Grand Pool. The nearby Sun City Casino is the entertainment Mecca of the resort, featuring a myriad of gaming options as well as an indoor jungle of native foliage and water fountains.

Atlantic City, United States: Regarded as the US's 'Las Vegas of the East', Atlantic City in New Jersey is renowned for its gambling, shopping and fine dining. Towering above the banks of the Atlantic Ocean, the Trump Taj Mahal casino is an icon of the city, with an on-site shopping district and an abundance of restaurants and bars. The
157,000 square-foot casino is also hard to miss, with 3,500 slot machines and 200 table games. Unveiled in 1990 by a number of celebrities, including the late Michael Jackson, the casino is the second-largest in Atlantic City and well worth a visit.

Genting Highlands, Malaysia: Nestled on the Titiwangsa mountain range, just an hour's
drive from Kuala Lumpur and 6,000 feet above sea level, the Resorts World Genting offers 360-degree views of the surrounding countryside. This spectacular resort has first-class accommodation, dining and entertainment, while avoiding the hustle and bustle of a capital city. The on-site casino, which covers 200,000 square feet, is Malaysia's sole gaming venue and is divided into separate themed areas, such as Hollywood and Monte Carlo, for the ultimate gambling experience.

Online Casinos:

PartyCasino.com : The world's leading online casino brand and part of Bwin.Party Digital Entertainment. Play for free or play for money at PartyCasino.com New players get up to $3000 sign up bonus via Media Man.

VirginCasino.com : Virgin Casino is part of Virgin Games. The parent company is Virgin Enterprises Limited, the creation of the world's most famous and celebrated entrepreneur, Sir Richard Branson. Unfortunately the casino does not accept players from many countries due to what is known in legal circles as "grey areas". Most European players can play, but no Americans, Canadians, Australians or New Zealanders.

Captain Cooks Casino : Was once a very popular online casino with Australians and New Zealanders, however we understand these days they can only accept players from a few regions such as Europe, South Africa, Canada and South America.

PKR : Once only a 2D online poker room, they are now more 3D and offer online poker and a good range of online casino games, including classics, Marvel slots and table games.

Media Man's top online casino choice: PartyCasino.com PartyCasino is a multi-time Media Man 'Online Casino Of The Month' winner and have also won awards from EGR. Earlier this year PartyGaming merged with Bwin to create the worlds leading igaming company, Bwin.Party Digital Entertainment.

PartyCasino Gets New Games...

Aztec Gold, Atomic Fruit, Nag's To Riches and Fairies Forest. Check out the new games here.

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Casinos Of The World: Land Based And Online; Media Man And Casino News Media Awards, by Greg Tingle

2011-09-07T16:48:00.001+10:00

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Media Man And Casino News Media Awards - August 2011

Media Man and Casino News Media have awarded their casino award winners and finalists for August 2011.

Land Based Australian Casino Of The Month: Crown Casino, 2nd The Star (formally Star City Casino), 3rd Burswood Casino, 4th The Reef Hotel Casino (Cairns)

Online Casino Of The Month: PartyCasino.com 2nd Virgin Casino 3rd Grand Reef Online Casino 4th Paddy Power Online Casino 5th PKR Casino

*Online casino awards are based on a combination of gameplay, trustworthiness, ethics, customer feedback, affiliate program offerings, word of mouth, customer experience and overall offerings

*Media Man and Casino News Media have been awarding the 'Casino Of The Month' accolade for the land based and online sector since 2009.

Punters, here's 10 of the world's top land based casinos for you to mark down in your travel plans.

Monte Carlo, Monaco: Perched above the Mediterranean and bounded by the French
and Italian coastlines on either side, Monaco provides a spectacular and luxurious setting for the wealthy and the wannabees. Home to the Monaco Grand Prix and the legendary Casino de Monte Carlo, this isn't the place for those on a tight
budget. The magnificent Casino hosts the annual European Poker Tour and was also the scene of several James Bond Films, including the original "Casino Royale" and "Golden Eye".

Paradise Island, Bahamas: Located just off the shore of the city of Nassau, Paradise
Island is best known for its sprawling 'Vegas-by-the-sea' resort, Atlantis. The resort spans seven acres along a lagoon, where guests can soak up the Caribbean sun and choose from a variety of outdoor gaming areas. When in need of a break from
the tables, guests can enjoy the private beach or one of the resorts 20 sunlit pools.

Melbourne, Australia: As Australia's sporting and entertainment capital, Melbourne
offers the perfect option for high rollers looking for a local break. Aussies need look no further than Crown Casino on the southern bank of the Yarra River, which is one of the largest casino complexes in the southern hemisphere. The main gambling
floor stretches more than half a kilometre and the casino was the first to introduce the new game Rapid Roulette, which allows players to place bets on a personal electronic touch screen connected to a central roulette wheel.

Macau, China: Known as the 'Monte Carlo of the Orient,' and the gambling capital of Asia, Macau now rivals Monaco and Las Vegas as one of the premier gambling destinations in the world. With no less than 33 casinos, in addition to local horse and greyhound racing venues, Macau is perfect for the betting junkie. The Wynn Macau
casino is a standout, highlighted by 24-carat gold 'Tree of Prosperity' at the entrance, extravagant water displays and Moon Jellyfish Aquarium at reception.

Baden-Baden, Germany: Situated on the western foothills of the Black Forest and on
the banks of the Oos River, Baden-Baden is not your typical casino town. However, in addition to its hot springs and picturesque countryside, the town is also known for its 200-year-old 'Spielbank' casino - the oldest of its type in Germany. With French chateau-style salons rooms named after historical figures such as Madame Pompadour and Louis XV's mistress, the quirky casino provides visitors with a very unique
gaming experience.

Las Vegas, United States: With over 1700 licensed casinos in operation, Las Vegas
offers the ultimate package for travellers who fancy a flutter. A visit to the famous 'Strip' is a must for any player, whether they're looking for a spin on the roulette table or a game of blackjack - this city has it all. The iconic Caesar's Palace
hotel and casino offers 129,000 square feet of casino space plus an endless smorgasbord of entertainment, shopping and fine dining options, including Cleopatra's barge, a floating lounge perfect for a relaxing drink after a jam-packed night on the
casino floor.

Manila, The Philippines: With a favourable exchange rate, Manila provides great value
for Aussies wanting to live the high-life overseas. The city offers a range of shopping and entertainment options, along with a world-class casino at the Hyatt Hotel. Spread across three levels, the sparkling casino offers the newest in gaming
facilities for both hotel guests and visitors, and is just a short distance from Manila's tourist hub.

Sun City, South Africa: Known as 'Africa's Kingdom of Pleasure,' this luxury resort
and casino complex, just two hours from Johannesburg, boasts two large casinos, two 18-hole golf courses and a wildlife reserve. At the extravagant yet picturesque Palace of the Lost City, guests are treated to stunning valley views from the guestrooms, along with exclusive access to the Grand Pool. The nearby Sun City Casino is the entertainment Mecca of the resort, featuring a myriad of gaming options as well as an indoor jungle of native foliage and water fountains.

Atlantic City, United States: Regarded as the US's 'Las Vegas of the East', Atlantic City in New Jersey is renowned for its gambling, shopping and fine dining. Towering above the banks of the Atlantic Ocean, the Trump Taj Mahal casino is an icon of the city, with an on-site shopping district and an abundance of restaurants and bars. The
157,000 square-foot casino is also hard to miss, with 3,500 slot machines and 200 table games. Unveiled in 1990 by a number of celebrities, including the late Michael Jackson, the casino is the second-largest in Atlantic City and well worth a visit.

Genting Highlands, Malaysia: Nestled on the Titiwangsa mountain range, just an hour's
drive from Kuala Lumpur and 6,000 feet above sea level, the Resorts World Genting offers 360-degree views of the surrounding countryside. This spectacular resort has first-class accommodation, dining and entertainment, while avoiding the hustle and bustle of a capital city. The on-site casino, which covers 200,000 square feet, is Malaysia's sole gaming venue and is divided into separate themed areas, such as Hollywood and Monte Carlo, for the ultimate gambling experience.

Online Casinos:

PartyCasino.com : The world's leading online casino brand and part of Bwin.Party Digital Entertainment. Play for free or play for money at PartyCasino.com New players get up to $3000 sign up bonus via Media Man.

VirginCasino.com : Virgin Casino is part of Virgin Games. The parent company is Virgin Enterprises Limited, the creation of the world's most famous and celebrated entrepreneur, Sir Richard Branson. Unfortunately the casino does not accept players from many countries due to what is known in legal circles as "grey areas". Most European players can play, but no Americans, Canadians, Australians or New Zealanders.

Captain Cooks Casino : Was once a very popular online casino with Australians and New Zealanders, however we understand these days they can only accept players from a few regions such as Europe, South Africa, Canada and South America.

PKR : Once only a 2D online poker room, they are now more 3D and offer online poker and a good range of online casino games, including classics, Marvel slots and table games.

Media Man's top online casino choice: PartyCasino.com PartyCasino is a multi-time Media Man 'Online Casino Of The Month' winner and have also won awards from EGR. Earlier this year PartyGaming merged with Bwin to create the worlds leading igaming company, Bwin.Party Digital Entertainment.

News

Wagering firms take fee case to High Court...

A legal battle between two wagering firms and NSW racing authorities has begun in the High Court.

Betfair says a 1.5 per cent turnover fee levied by Racing NSW reduces competition and discriminates against interstate operators.

Counsel for Betfair, Neil Young QC, on Tuesday told the court the fee was not uniform but in fact was discriminatory.

He said Betfair participated in a national market.

Betfair argues the turnover fee will affect its ability to operate because the company is a low-margin operation that matches punters against each other.

The company then takes its commission from winning bets.

In March, both Betfair and Sportsbet were granted leave to appeal against a decision by the Federal Court that they tender the fee as legislated.

Both firms say paying the fee on gross profit is a fairer way to operate.

Overseas based firms such as Bwin.Party Digital Entertainment, Paddy Power and PMU are watching the case closely.

Paddy Power Active Customers Already Exceeds All of 2010 Figures...

Ireland’s biggest online bookmaker, Paddy Power, is attributing mobile gaming to its massive surge in active customers. This year’s numbers already exceed that of the entire 2010.

Just over a third of its active customers made transactions via mobile devices. Online products are now contributing 81% of the group’s operating profit, according to the Financial Times of London.

Paddy Power CEO Patrick Kennedy told the Financial Times: "We invested in a very good product and backed it up with TV advertising and online marketing."

The online business generated €45.3m in operating profit, a rise of 25% compared to the same period in 2010. Its land-based shops continue to suffer, however.

Playtech Signs Gala Coral Contract, Acquires Mobile-Bet Company...

Playtech Ltd, the Internet gambling software maker and content developer which has a joint venture with William Hill Plc (WMH), said it signed a long-term contract with Gala Coral Group Ltd., and acquired Mobenga AB, a mobile-phone sports-betting company.

Playtech will pay as much as 15.8 million euros ($22.4 million) for Mobenga, the Isle of Man-based company said in a statement. Playtech also said second-quarter revenue rose 7 percent to 39.6 million euros over the same period a year earlier, led by online casino games.

Gala Coral, which has 2,000 betting shops in the U.K. and Italy, should become one of Playtech’s top three clients within a year after its software is transferred, in 2012, Playtech’s Chief Executive Officer Mor Weizer said in a telephone interview. Mobenga will help Playtech expand in mobile telephone gambling, which generates 30 percent of bets for some companies, he said.

“This is a very important win for us,” Weizer said. “We already have most of the established operators in the U.K., and Gala Coral we were after for a long time.”
Playtech gained 18.25 pence, or 5.4 percent, to 356.75 pence at 8:47 a.m. in London, after earlier rising as much as 6.3 percent. The shares have fallen 16 percent so far this year, giving the company a market value of 866.3 million pounds.

Stockholm-based Mobenga will give Playtech the ability to combine sports-betting, casino and poker games in one mobile- phone application, Weizer said.

Playtech generates more than 10 million pounds ($16.1 million) from its biggest client, Imperial E-Club Ltd., Weizer said.

‘Players’

Most of the company’s clients attract players through sports, though they make most of their money through games, so they’re always seeking to convert sports betters to game players, he said.

Second-quarter casino revenue gained 9 percent to 27.3 million euros, and bingo sales increased 32 percent to 3.6 million euros, the company said.

Poker sales dropped 32 percent to 5 million euros, the company said. The poker business declined even though the U.S. charged founders of online poker companies still accepting games in the country with money laundering in April.

Weizer said the companies still had cash to lure poker players. Poker numbers have been “picking up” since the end of June, when one of the companies stopped play, he said. Full Tilt Poker, then the world’s second-biggest poker site, lost its license from Alderney on June 29.

PartyCasino Gets New Games...

Aztec Gold, Atomic Fruit, Nag's To Riches and Fairies Forest. Check out the new games here.

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Bwin.Party Digital Entertainment Nears Finalizing US Deals, by Greg Tingle

2011-09-05T12:46:00.001+10:00

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The Co-Chief Executive of Bwin.Party Digital Entertainment, Jim Ryan confirmed this past week that the group is close to finalizing a number of deals with US based gambling companies, in a bid to enter the US market when legislation passes in this sector on a federal level.

Ryan said that the recently merged Bwin and PartyGaming were negotiating with companies who reached across the country, and particularly those in states where the likelihood of online gambling reaching them in the near future was higher than other states.

Ryan said that Bwin.Party Digital Entertainment was "in contract negotiations with a partner from New Jersey." In addition, the group was lining up partners in California and Florida.

These states had the greatest potential to see online gambling legislation passed, he said.

Ryan stressed that the current negotiations were not for acquisitions, but for partnerships only.

Above Consensus Market Expectations...

The announcement by Ryan was made as Bwin.Party released its first half earnings, showing that they had fallen by more than a fifth. This was put down in part to increases in gaming taxes across Europe.

The group said, however, that its numbers were still above consensus market expectations, which boosted its share prices somewhat.

While European gambling regulation continued to be encouraging, there was still uncertainty coming from the German market, which makes up for 22% of Bwin.Party's revenues.

Analysts believe that it may be two to three years before Germany's stand on regulation becomes clear.

An analyst with Peel Hunt, Nick Batram said: "While the current trading may reflect a worst case German scenario, it is frustrating that the company does not quantify the potential impact from an effective shutout and what plan B might be."

Troubles facing Full Tilt Poker also worked to Bwin.Party's advantage as players sought new poker sites and migrated to its brands.

First half earnings before interest, tax, depreciation and amortization fell 21% to €81.8 million.

Ryan said that the group's strategy was "to be a pan-European operator and it looks like we are the only organization that has the strategy and capability to do that."

REG - bwin.party digital - Dividend Declaration...

RNS Number : 2933N
bwin.party digital entertainment
31 August 2011

bwin.party digital entertainment plc

('bwin.party' or the 'Company')

Interim Dividend

The Board of bwin.party has today declared an interim dividend of 1.56 pence per ordinary share in respect of the six month period ended 30 June 2011. This dividend will be paid by the Company in accordance with the timetable set out below.

Shareholders and depositary interest holders may elect to receive the dividend payment in Euros by submitting currency elections to the Company's registrar (Capita Registrars) no later than 23 September 2011. Currency election forms are in the process of being dispatched to registered shareholders and the form will be available on the Company's website, www.bwin.party.com. Depositary interest holders wishing to receive the dividend in Euros may submit a currency election via CREST. The foreign exchange rate used for converting the pounds sterling dividend payment into Euros will be the rate quoted by the Company at or about 11.00 a.m. (BST) on 26 September 2011.

31 August 2011 Interim dividend declared

7 September 2011 Ex-dividend date

9 September 2011 Record date

23 September 2011 Deadline for receipt of currency elections

26 September 2011 Pounds sterling/Euros foreign exchange rate struck for Euro dividend currency elections

7 October 2011 Interim dividend paid

Bwin.Party Digital Entertainment Financial Heads Up...

Wednesday could be one for the gamblers with online gaming operators Bwin.Party Digital Entertainment and 888 Holdings both reporting.

888 has already revealed its revenue figure for the first half – it made $153.m, an improvement of 18.1% on a year earlier. Panmure Gordon thinks earnings before interest, tax, depreciation and amortisation (EBITDA) will be up 52% from last year at $19.1m, giving earnings per share of 4.5 cents.

“With the strong start to Q3 and, despite the planned increased investment, we believe the risk to our forecasts is on the upside,” the broker added.

As for Bwin.Party, UBS thinks the company will report a drab set of figures, with first half revenues of €425m. Even that is better than Panmure Gordon is expecting; the latter is predicting revenue of €410m.

Bwin.Party And 888 Update - 31st August 2011...

888’s rival bwin.party digital saw its shares rally 15.3p to 125.3p, as investors warmed to its first set of results since it was created by the merger of PartyGaming and Austria’s bwin earlier this year.

The numbers revealed cost savings from the deal would be £8.9m more than expected and recent trading had been strong.

But it plunged to a half-year loss of £27m from profits of £53m after a £54.4m accounting charge.

The half-year dividend is 1.56p. Bwin.party said it was benefiting from the suspension of rival Full Tilt Poker’s license.

It hopes the US may one day reopen its doors. In the meantime, it is grappling with increased regulation in some European markets and the higher taxes this brings.

Bwin blames poker for drop in profits...

Online gaming firm Bwin.party revealed a drop in profits after it was dealt a blow from greater competition in poker markets.

The owner of PartyCasino, Foxy Bingo and PartyPoker said like-for-like revenues dropped three per cent to 398 million euros (£352.2 million) in the six months to June 30.

In its first set of results since the merger of Bwin and PartyGaming in March, the group said it came up against stronger comparatives with the previous year, which was boosted by the World Cup.

Revenues at its poker business declined 10 per cent to 104.9 million euros (£92.8 million) amid greater competition, including a campaign from rival 888 fronted by former Australian cricketer Shane Warne.

Underlying profits fell 21 per cent to 72.4 million euros (£64.1 million) after the group, which generates a quarter of its income in Germany, was hit by increased gaming duties as it launched in newly regulated markets.

Bwin said the number of new poker players signing up to its brands increased six per cent to 373,700 in the period, but active player days were down 11 per cent.

Revenues at its bingo arm were down eight per cent to 33 million euros (£29.2 million) amid intense competition in the UK, while sports betting revenues were down two per cent. But its casino and poker division saw revenues increase two per cent to 124.3 million euros.

*The writer has conducted b2 with Bwin.Party Digital Entertainment

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