Bischoff Hervey invests in MX Gaming - 28th December 2012

Bischoff Hervey invests in MX Gaming; BHE Sets Sights on New Media & $80 Billion/Year Sector...


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American television production firm Bischoff Hervey Entertainment Television has acquired a 50 percent stake in independent online games developer MX Gaming.

Established in 2008, Los Angeles-based MX Digital develops interactive casino and betting games distributed to partners in over 20 nations. Its management team includes interactive industry veterans Ike McFadden and Matias Montero in addition to Ted Lanes, who has 25 years of experience in the technology and consumer products sector.

“We’re incredibly excited about our partnership with MX Gaming,” said Eric Bischoff from Bischoff Hervey Entertainment Television.

“We’re expanding into an entirely new sector of entertainment and content. Combining the skill sets of Bischoff Hervey Entertainment Television with those at MX Gaming puts us at a unique advantage in this explosive business sector.”

Bischoff established Bischoff Hervey Entertainment Television in 2003 with Jason Hervey and the enterprise has since become a leading producer of reality programming for Discovery Channel, CMT, NBC, VH-1, TruTV, Spike TV and The CW Television Network. The company recently broke new ground by moving into the scripted comedy genre with the first season of See Dad Run, which airs on Nick At Nite starring Scott Baio. “With MX Gaming we’re excited to find ourselves at the forefront of an entirely new entertainment sector,” said Hervey.

“Combine the enormous growth in online gaming globally and the explosion in popularity of mobile and social games and you’ve got an emerging sector that’s already massive. Getting in on the ground floor of an entirely new medium is a once-in-a-lifetime opportunity.”

Bischoff Hervey Entertainment Television cited a recent Morgan-Stanley report that found social network casino-style games may be worth as much as $7 billion by 2015 and stated that the interactive market is ‘an increasingly important revenue channel for networks and studios’.

“The partnership is the perfect strategic fit for us,” said McFadden.

“The relationships and experience Bischoff Hervey Entertainment Television has built in the entertainment and licensing world allows us to significantly broaden our content and access top entertainment brands quickly.”


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Bwin.party Digital Entertainment Plc : Directorate Change

Bwin.party Digital Entertainment Plc : Directorate Change - 5th December 2012...


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Bwin.party Digital Entertainment Plc : Directorate Change...

B.bwin.party digital entertainment plc ('bwin.party' or the 'Company' and, together with its subsidiaries, the 'Group')

Directorate change

Jim Ryan has announced his intention to retire from his role as Co-CEO of bwin.party and return to Canada with his family. He will retire on 15 January 2013, at which time Norbert Teufelberger, currently Co-CEO, will assume the new role of Group CEO.

Commenting on today's announcement, Simon Duffy, Non-Executive Chairman said:

"Having lived and worked in Gibraltar for the past six years, initially as CEO of St Minver, Jim joined PartyGaming Plc as CEO in June 2008. Following the merger with bwin Interactive Entertainment AG in March 2011, he became Co-CEO of the enlarged Group. Together, he and Norbert have been instrumental in overseeing the integration of both companies as well as the launch into a number of newly regulated European markets and driving the Group's strategy to re-enter the United States should appropriate legislation be enacted. As the merger integration approaches its final stages, and having secured a series of strategic partnerships including MGM, Boyd Gaming, United Auburn and Zynga, Jim now wants to return to Canada with his family.

"The transition to regulated markets is continuing and we are entering a period of intense product and technology innovation that will now be led by Norbert Teufelberger, whose experience, as one of the pioneers in online gaming, is probably unrivalled.

"Together with Norbert, Jim has been a driving force behind the merger. His expertise and passion for the Group's gaming products have been instrumental in ensuring that the merger integration has proceeded as planned, putting the Group in an excellent position to remain at the forefront of the global online gaming market.

"The Board and I would like to thank Jim for his invaluable contribution and wish him every success for the future.

Norbert Teufelberger, Co-CEO, commented:

"Jim has been an excellent business partner over the past two and a half years. His experience, drive and vision have proven to be a huge asset for our company and I have had the pleasure of working with him side-by-side, both as a colleague and a good friend. We wish him every success in whatever he decides to do next.

Jim Ryan, Co-CEO, said

"Being Co-CEO of bwin.party has been my dream job. As we approach the final stages of our merger integration I am immensely proud of what we have achieved and know that with Norbert at the helm, the business is in excellent hands and is particularly well-placed for the future. Having given over 11 years of my life to the online gaming industry, I am now looking forward to returning to Canada and enjoying more time with my family.

Bwin.party Digital Entertainment co-CEO to step down...

Norbert Teufelberger will become the sole CEO of e-gaming company bwin.party after Jim Ryan, currently co-CEO, retires in January, the company said. Ryan and Teufelberger have co-run the company since March 2011, when it merged with PartyGaming. The company has partnerships with MGM Resorts International and Boyd Gaming Corp.


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