Thursday, March 29, 2012

PartyCasino Wins Media Man 'Online Casino Of The Month' Award

PartyCasino.com has been awarded the Media Man and Casino News Media "Online Casino Of The Month" award.


PartyGaming's igaming suite has grown a custom to winning awards since they first opened for business in 1997.

The competition for the coveted award was intense again this month with massive bids from both Virgin Casino, PKR Casino and Captain Cooks Casino however there can only be one winner... ladies and gentlemen, that's PartyCasino.com

The award follows PartyPoker's EGR Poker Operator Of The Year and PartyGaming also made the shortlist for EGR Operator Of The Year. Recently PartyGaming's PartyPoker.com also won the Casino News Media "Online Poker Website Of The Month".

The Media Man - Casino News Media accolade is based on a combination of elements including user experience, innovation, trustworthiness, customer service, gameplay, affiliate program offerings, newsworthiness and company values.

PartyCasino.com is one of a number of 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 $2 million mark. Players can also compete for The Big One and Marvel Hero Jackpot, playing the Marvel super hero themed online slot games.

PartyCasino's most recent game releases include Shaaark! SuperBet, Crocodopolis, Alice's Wonderland, Glamour Puss, Super Cubes, Heist, Palladium Slot and Circus Slot.

Bwin.Party Digital Entertainment Co-CEO Jim Ryan has gone on record advising PartyCasinowill soon feature more Hollywood blockbuster themed slots. A few in the know journalists and media agents have been recently tipped off that an all time classic movie adaption will be showcased in the PartyCasino portfolio within 1 month. PartyCasino has the world's most impressive line up of Hollywood themed games, and more are just around the corner.

PartyCasino.com and PartyPoker.com customers can also benefit from rewards and bonuses via PartyPoints and the Palladium Lounge. Be certain to check out the PartyCasino exclusive "Cash Machine" that is being championed as one of the greatest online casino promos ever.

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

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Sunday, March 25, 2012

100th e-gambling license issued by Alderney Gambling Control Commission

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The 100th e-gaming license has been issued by the Alderney Gambling Control Commission (AGCC). It was granted to Relax Gaming Network Limited, a company which develops and maintains casino, poker and bingo software.

Robin Le Prevost, head of e-commerce development for Alderney, said: “Alderney remains at the forefront of e-gaming regulation and leads as one of the most pragmatic and popular regimes in the industry. The 100th licence reaffirms Alderney’s status as the ‘place to be’ for the e-gaming industry.”

Carey Olsen’s e-gaming team was led by partner Mark Dunster and included senior associate Richard Field and associate Tabreez Ahmed.

Advocate Dunster said: “Carey Olsen has played a significant role providing legal advice, including company formation, directorships and licensing guidelines, to a range of companies since the inception of the e-gaming industry in the Channel Islands for over 10 years.

“Carey Olsen now acts for more than half of the current licensees and the 100th licence is a milestone for the AGCC and we’re pleased to have been involved.

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Friday, March 23, 2012

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

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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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Thursday, March 22, 2012

Kerry Packer Aussie Legend Live On Via Art And TV - 12th May 2010

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Media Man revisits one of their most popular news stories from 2010...

G'day punters, casino and gambling millionaires and billionaires, media magnates, journalists, historians and art lovers. Art lovers?! Yes, today we bring you a special Kerry Packer special. The legend lives on, not only here, but now at an Australian artists exhibition, and of course 'Our James' (James Packer) continues to fly the flag and do the family legacy proud with his Crown Limited empire. Not only that, we also cover the pending return of KP to Australian television in an ABC mini series tipped to hit the jackpot, and Network Nine is bringing back 'Underbelly', complete with gambling themes. Media Man and Gambling911 present The Kerry Packer Special...

Kerry Packer & Friends...

Kerry Packer & Friends - NG Art Gallery - 7th Dec - 24th Dec 2010

3 Little Queen Street

Chippendale, NSW Sydney AUSTRALIA

Tuesday - Saturday 11.00am - 5.30pm

Ok punters, here's the rundown. The artist - storyteller is Gina Sinozich. She's an 80 year old, Croat, Sydney based artist who paints in order to help recycle memory. Sinozich's latest exhibition, Kerry Packer and Friends, is her first solo commercial effort in Sydney and is tells the story of the legendary Kerry Packer. She covers the unique personality and complexities of a legend who was known for his astronomical wealth, super whale gambling exploits, running his business with an iron fist, and colourful run ins with the Australian government, amongst other things.

Sinozich migrated down under to Australia is 1956 and began to paint at the age of 75, now having work in Australian and New Zealand corporate and public collections. Her show showcases Packer as 'one of us' rather than the untouchable media tycoon. Sinozich was inspired to tell the story on the premise that we often hear bad before good. This tribute to KP is generous and reveals alot of the most powerful men in the world, who in 2004, was estimated to have a net worth of AUD 6.5 billion. The work of Sinozich will be showcased at NG Art Gallery from the 7th-24th of December and is certain to excite audiences, punters, art lovers or both. A fews Aussie commentator think this blows away much of the art that American gambling tycoon Steve Wynn shows off. Maybe Wynn might like to make a purchase of some classic Packer creations.

Sinozich says Packer gave back to society in a meaningful way and the series was intended to stand as a testament for this man's intrinsic goodwill after his death in December 2005. She recites a story that fuelled her initial interest in Packer, "...one lady said that she was on George Street with two little kids behind her and she was running...running to go on the train, and he (Packer) stopped her and said, 'don't you have a car?' and he wrote a cheque for her and said here, 'buy yourself a car'." Sinozich also fondly recalls, "...when he was playing in casino in Perth he won so much money and the girl who was serving wine...he asked her, 'do you have a mortgage on the house?' she said 'yes', then he wrote a cheque for AUD 600,000."

The talented, even cunning, artist worked like a Trojan horse for a fortnight and managed to produce 26 paintings that deeply explore her subject's nature, removing much of the mystic of Packer as an uncompromising media mogul. All the characters in Sinozich's work have a yarn to tell, and most aspects of his life are covered... birth, death, and much of the in between. Make no mistake, the works are smart, and unique, and are tipped to become collectors items.

The work is relatively simple, but full of life, and has been described as "traditional representational painting", which one may argue is a dying art. We think KP would have liked the tribute, and we await word to see what living members of the Packer clan think of the works.


Kerry Packer Legend To Return To Australian TV In Cleo Mini Series...

Packer is to return to life on Aussie TV via new ABC drama Paper Giants: The Birth Of Cleo (not to be confused with the Cleopatra slot game).

Australian readers may recall the public backlash to the introduction of the super sexy womens’ title in 1972. There were Cleo lovers and haters, but we're still talking about it today, so it made an impact, which is better than many of today's rags.

Rob Carlton will play a young Packer opposite Asher Keddie as publishing pioneer, the sexy and smart Ita Buttrose.

Rumours of a sexual relationship between Packer and Ita around the time of Cleo magazine's start off, but this won't be a focus on the mini-series, due to air next year.

Buttrose, who first made her mark as the magazine's editor, was a consultant on the production.

"If there was a supposed affair it didn't happen in this timeframe. I have no idea if there was, we didn't raise it with her," Edwards said.

There ABC publicity brief has whet our appetite for lots of Packer classic stuff and enough scandal to keep us coming back for more.

"It's 1972. Skirts are up, pants are down. Girls can have anything: Fabulous careers, fashionable clothes and oral sex," spruiks the promo.

The drama cleverly follows the death of Sir Frank Packer and the rise of his second son, who defies even family expectation to succeed, in a way no one could have expected.

"It was a real turning point in Kerry's career. It was a period when he made his first big move and it was an astonishing success and one against the odds in some respects," Edwards said.

Cleo magazine itself was a fine, yet controversial work, and introduced the nude male centrefold and sexual hits, tips, tricks and more for women. Media Man friend, actor Jack Thompson, is tipped to have his racy centrefold recreated. Something about a 6th finger, down there.

ABC TV by all accounts have taken a calculated risk on the series. Most quarters of society, both insiders and outsiders we've chatted with believe the gamble will pay off with a tidy jackpot, and whispers already circulate as to how many awards the show and actors will pick up.


Nine's David Gyngell Respects Packer History; PBL Becomes Nine Entertainment Co...

KP put Publishing & Broadcasting Media on the map and grew it to become arguably the biggest media brands in Australia.

PBL - the name, is now history, since Bondi Beach based chief executive, David Gyngell, rebranded it with Nine Entertainment Co.

Gyngell, who announced the rebranding at Nine's 2011 program launch in Sydney on Friday, advised the new name would be more recognisable to the public and large and went on to emphasise Nine's broad range of businesses, which sport Nine, ACP Magazines, Ticketek and NineMSN.

The recognition factor is important since the firm is likely to be floated on the Australian Stock Exchange by its private equity owners, CVC Asia Pacific, in the first half of next year.

It's understood that a strong level of support from a host of retail investors will be key to the $5 billion-plus float's chances of a jackpot.

Gyngell wisely acknowledged it was not an easy decision given he is the late Kerry Packer's godson and great mate of James Packer. History buffs, just in case you wondered, PBL was formed way back in 1994 when KP merged Nine with ACP (Australian Consolidated Press).

"PBL has a long association with the Packers so personally I don't take that lightly. But it's modernising a business that needs to be publicly known. We don't have the luxury of having James Packer or another mogul giving the company real gravitas."

Other media updates down under include Network Seven being backed by Kerry Stokes and Network Ten's board now has James Packer, News Corporation director Lachlan Murdoch, mining magnate Gina Rinehart and WIN TV owner Bruce Gordon.

"Nine is the biggest thing that we have and it is also the thing that supports all the other companies in the best possible way," Gyngell said. "It will be a new year. We are starting again.

Nine confirmed its crime drama Underbelly would come back with a series set in the roaring 20s in Sydney as well as 3 Underbelly movies! And, get this, a good spot of gambling will also be featured.

Greg Tingle is a Special Contributor to the Gambling911.com website and Runs Media Man International.

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Monday, March 19, 2012

PartyCasino VS Virgin Casino iGaming War Continues

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PartyCasino.com - Accepts Canadian, Australian and New Zealand players. PartyCasino new players get up to $3000 sign up bonus. Bwin.Party Digital Entertainment is the world's largest and most succesful igaming company.

VirginCasino.com - No US, Canadian, Australian or New Zealand players. £100 sign up bonus. Virgin Games is part of Richard Branson's Virgin Enterprises Limited.

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Friday, March 16, 2012

The Star Opens Marquee Nightclub; Entertainment Rather Than Casino Focus - 15th March 2012

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The Star tonight unvieled their latest weapon in the Australian casinos wars - all part of the battle for the entertainment dollar.

The pitch reads...

Internationally acclaimed nightclub operator Tao Group is set to bring a monumental change to Sydney's nightlife landscape with the opening of Marquee - The Star Sydney in late March 2012.

Marquee - The Star Sydney will be located on the entire top tier of The Star's new Pirrama Road harbourside entrance, commanding expansive views of Sydney Harbour and the city skyline. With nearly 20,000 square feet of floor space, the venue is designed to house three distinct spaces within the one venue to cater for different tastes and moods.

The Main Room will feature a 30-foot projection stage with an LED DJ booth and two dance floors.

In contrast, a stylish Library style room will offer an intimate lounge experience, accentuated by a working fireplace.

Venturing further into the venue, club-goers will come across the Boom Box, with a separate DJ, state-of-the-art sound system and outdoor patio. There is also a chill-out area with unparalleled views of the Sydney skyline and a unisex "bathroom lounge".

Furnished with dynamic and unique interiors, the venue will have a retail store and separate VIP entrance for quick entry from street level.

Perth based band Gyroscope played:

Pain
1981
Beware
Wolf
Still Taste Blood
Dream BS Scream
Doctor Doctor
Live Without You
Sotpik
Midnight Express
Baby
Weapon
Enemy Friend
These Days
Safe Forever
Take This For Granted
Fast Girl
Snakeskin

We would like to say a big thank you to everyone who made today a success, and we'll see you back at The Star again soon.

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Tuesday, March 13, 2012

PartyPoker And PartyCasino Owner bwin.party Digital Entertainment Plans Return to US Market

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PartyPoker And PartyCasino Owner bwin.party Digital Entertainment Plans Return to US Market...

Online gambling firm bwin.party are set to return to the US poker market after almost six years away following their application for a gaming licence with the Nevada Gaming Control Board.

The Gibraltar-based company – which owns online poker room PartyPoker – have submitted their application to add their name to an ever-growing list of firms showing massive interest in taking advantage of the expected legalisation of online poker in the USA.

Bwin.Party Digital Entertainment plc was formed in March last year following the merger of Bwin Interactive Entertainment AG and PartyGaming plc to create the world’s largest publicly traded online gambling company that is now listed on the London Stock Exchange.

PartyGaming Left US Market in 2006

This merger came almost five years after PartyGaming took the decision to suspend all real-money games in the USA, before then exiting the market three days after the US government’s passing of the Unlawful Internet Gaming Enforcement Act (UIGEA) back on September 29, 2006.

In April of 2009, PartyGaming decided to reach a settlement with the US Department of Justice (DoJ) in which they agreed to pay a $105 million penalty over four years as part of a non-prosecution agreement for providing online gambling to American customers before the UIGEA was passed.

As an element of the agreement, PartyGaming put its name to a “statement of facts” in which it admitted that, before October of 2006, they had aimed to attract American citizens that resulted in the processing of transactions “contrary to certain US laws”.

This deal ensured that PartyGaming were not prosecuted and also made sure that they could return to the US market if – and when – new laws are put in place to regulate all internet gambling in the North American nation.

Partnership Provided Opportunity to Return

Bwin’s merger with PartyGaming last year also paved the way for the new company to partner with Nevada-based gaming firms Boyd Gaming and MGM Resorts International late last year in what was considered an “anticipatory” move ahead of the hoped-for legalisation of online gambling in the States.

The venture has resulted in bwin.party owning 65% of the company as they provide and maintain the software for both gaming businesses, while MGM – which also runs hotels – holds 25% and Boyd Gaming just 10%.

Boyd Gaming and MGM have previously applied for licences with the Nevada Gaming Control Board to operate as online poker providers.

PartyPoker Still World’s Second Biggest Poker Room

PartyPoker had been the world’s biggest internet poker brand – if based on their number of players and cash game revenue – before pulling out of the US market, although it still holds the position as the second biggest behind PokerStars.

While Jim Ryan, bwin.party’s chief operating officer, recently told media that the joint venture is unlikely to see them regain the 50% share PartyPoker enjoyed before the introduction of the UIGEA, he does expect to see a “very meaningful liquidity pool” in what will be a highly competitive market.

Stay tuned as well follow up the story.


6 March 2012

bwin.party digital entertainment plc
(‘bwin.party’ or the ‘Company’)

Sale of Ongame to Shuffle Master

Highlights:

Sale of Ongame, a leading B2B online poker network, to Shuffle Master for up to €29.5 million on a cash-free and debt-free basis
Initial consideration of €19.5 million payable in cash on completion, subject to a post-completion working capital adjustment
Further consideration of up to €10.0 million payable in cash in the event that regulated online poker commences in the United States on either a federal or intra-state basis within five years from completion
Completion is subject to the normal conditions for a transaction of this type, including regulatory approvals and is expected to complete in the summer of 2012
bwin.party today announces that it has agreed to sell Ongame, its business-to-business (‘B2B’) online poker network, to Shuffle Master, Inc (‘Shuffle Master’) for a total cash consideration of up to €29.5 million. The agreement is consistent with the Group’s stated strategy and follows its announced intention to sell Ongame on 30 June 2011.

Contingent consideration will become payable by Shuffle Master in the event that online poker becomes regulated in the United States within five years of completion. The amount payable in these circumstances will depend upon the timing of the commencement of legalised online gaming in the US. The transaction is subject to the normal terms and conditions for a transaction of this type as well as certain regulatory approvals and is expected to complete during the summer of 2012 with a back-stop date of December 2012. The management of Ongame will transfer with the business and the net sale proceeds will be used for general corporate purposes.

Information on Ongame

Ongame Network Ltd (‘Ongame’) is one of the world’s largest B2B poker providers. The global network includes more than 25 of the e-gaming industry’s strongest brands and operators. Ongame also operates regional networks in France and Italy. The company offers both operators and their players a wide variety of cash games and tournaments to choose from. Further information about Ongame can be found at www.ongame.com.

For the six months to 31 December 2011, the unaudited adjusted EBITDA[1] of Ongame was €0.04 million and as at 30 June 2011 Ongame had unaudited gross assets of €26.6 million.

Commenting on today’s announcement, Jim Ryan and Norbert Teufelberger, the Co-CEOs of bwin.party, said:

“The sale of Ongame represents a further significant step in our process of integrating bwin and PartyGaming and moving to a single technology platform. We believe Shuffle Master will be an excellent home for Ongame to maximise its future potential.”

Gavin Isaacs, Chief Executive Officer of Shuffle Master, said:

“Ongame is one of the world’s leading online poker networks with a state-of-the-art technology platform. It is an excellent strategic fit with Shuffle Master and our interactive gaming business. Following completion, we will focus on building the existing business in Europe as well as looking for growth opportunities in the rest of the world.”

bwin.party was advised by McQueen Limited.


Sale of Ongame to Shuffle Master...

About bwin.party
bwin.party digital entertainment plc (LSE: BPTY) is the world’s largest listed online gaming company. The Company was formed from the merger of bwin Interactive Entertainment AG and PartyGaming Plc on 31 March 2011. Incorporated, licensed and regulated in Gibraltar, the Group also has online poker licences in France and Italy. With offices in Europe, India, Israel and the US the Group generated total pro forma revenue of €814.0m (H1 2011: €398.0m) and pro forma Clean EBITDA of €193.2m in 2010 (H1 2011: €81.9m). bwin.party operates one of the world’s largest online poker networks, www.PartyPoker.com and also owns the World Poker Tour. The Group’s scale, proprietary poker software, online gaming platform and strong portfolio of games collectively differentiates its customer offer from those of its competitors. bwin.party is a constituent member of the FTSE4Good Index Series, which identifies companies that meet globally recognised corporate responsibility standards.

About Shuffle Master
Shuffle Master, Inc. is a leading global gaming supplier committed to making gaming more fun for players and more profitable for operators through product innovation, and superior quality and service. The Company operates in legalized gaming markets across the globe and provides state-of-the-art, value-add products in five distinct categories: Utility products, which include automatic card shufflers and roulette chip sorters; Proprietary Table Games, which includes live games, side bets and progressives; Electronic Table Systems, which include various e-Table game platforms; Electronic Gaming Machines, which include video slot machines; and newly introduced iGaming, which features online versions of Shuffle Master’s table games, social gaming, and mobile applications. The Company is included in the S&P Smallcap 600 Index.

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Sunday, March 04, 2012

Crown Limited not substantial shareholder in Echo Entertainment - 1st March 2012

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Packer Gets 10 Percent In Echo Entertainment...

Media and gaming tycoon James Packer's Crown Ltd declared that it was not a substantial shareholder in Echo Entertainment, despite acquiring 10 percent of the rival casino group. Ken Barton, chief financial office for Crown, advised the company was "not a substantial holder of Echo for the purposes of the Corporations Act and therefore has no obligation to lodge a notice". Observers say this means Crown has not taken control of the 10 percent of Echo from Deutsche Bank, the investment bank believed to be the current owners of the shareholding.

Australian Casino kings James Packer and Larry Mullin war; Friendly or not?...

Top brass of The Star has issued a challenge to Crown Limited's James Packer to launch a full takeover bid if he desires a second Sydney casino.

A verbal has taken place between two of Australia's most high profile and successful gaming bosses as Larry Mullin, the CEO of Echo Entertainment - which runs The Star - railed at suggestions Mr Packer's Crown group wanted to use a stake of less than 20 per cent in Echo as the platform to build a $1 billion casino at Barangaroo.

Mr Mullin argued Mr Packer should not be allowed to build the casino without first taking over Echo Entertainment.

"There is only one casino licence (in Sydney)," he advised.

"If James Packer wants to get into this market the only way to do so is to launch a full takeover bid for Echo and reward all our shareholders."

Mr Packer was quick to reply, saying: "I don't expect Larry, as an American, to know Australian corporations law verbatim. Clearly he should spend more time studying before he ventures into that territory."

The knives started to come out as JP's bid for a Barangaroo casino received a boost from NSW Treasurer Mike Baird - who described it as a "bold" vision.

"I, for one, put my name on the table as someone that would welcome it as a great addition to Barangaroo, subject to the normal conditions," Mr Baird said.

Mr Mullin talked up the existing casino at Pyrmont, stating Echo's recent renovation program for The Star meant there was now "tremendous" growth potential for the venue's international VIP business that would flow through to the company's profits in coming years. He pointed to Echo accounts released last week showing overall VIP gaming revenues had doubled in the last six months.

Mr Mullin also broke his long standing silence on the sacking of The Star's former managing director, Sid Vaikunta.

He denied claims of a culture of covering up sexual harassment at the casino, saying: "We believe we reported everything appropriately."

Mr Mullin said he had known Mr Vaikunta "since 2002".

It is understood the two men worked together for about seven years at the Borgata Hotel and Casino in Atlantic City, USA.

Mr Mullin said an investigation limited what he could say publicly about his former colleague.
"I'm disappointed. It was someone I knew and respected and who had worked for us, and unfortunately he's moved on," he said.

It has been reported Mr Vaikunta was accused of "hitting on" a staff member in a limousine - and then a human resources manager at a staff function - in the space of two days.

A Media Man spokesperson / media commentator said "It appears to be a bit of a case that management forget they were now working out of Sin City Sydney... and not Las Vegas, where its well know that what happens in Vegas stays in Vegas. That's not usually the case in Sydney, despite the city being known for diversity and an open mind approach. This situation has made Echo Entertainment appear to be a softer target for some, which may include the likes of Crown Limited's James Packer."

Barrister Gail Furness SC is conducting the inquiry into his sacking on behalf of the NSW Casino, Liquor and Gaming Control Authority.

Stay turned to Media Man and Street Corner for more on this developing situation.

*the writer owns shares in Crown Limited

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Thursday, March 01, 2012

bwin Partners with Euro RSCG Germany and Launches TV Spot with FC Bayern Munich, the Most Successful Soccer Team in Germany

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In a Communications Comeback for the Sports Betting Provider bwin, Euro RSCG Munich Creates TV Spots with FC Bayern Munich's Top Management.

Euro RSCG Munich has developed a concept for the world's No. 1 online gaming company bwin.party, in which FC Bayern Munich's decision-makers welcome the TV viewer – in the largest sports betting arena worldwide.

To kick off the campaign in Germany, Austria and Switzerland, a 20-second spot shows President Uli Hoeness, CEO Karl-Heinz Rummenigge and CFO Karl Hopfner getting themselves ready for their game – soccer. As of February the spots will enjoy broad coverage, especially where UEFA Champions League games are aired.

"I am very happy that we have been able to give the global market leader bwin communicative backing in this important step with such high-profile support as FC Bayern," said Andreas Geyer, CEO of Euro RSCG Europe/Germany.

Helmut Huber (Creative Executive Director), Florian Scherzer (Creative Director) and Jurgen Geiger (copy) were assisted in the campaign realization by the 'Embassy of Dreams' film production company in Munich, under the direction of John Buche.

About Euro RSCG Munich

Euro RSCG Munich is part of Euro RSCG Worldwide, one of the world's leading agency networks with 250 offices in 75 countries and supported by some 12,000 employees. With strategic ingenuity, creative finesse and pioneering use of state-of-the-art technologies, Euro RSCG Munich has developed communication solutions for brands such as Hubert Burda Media, Escoffier, Giesecke & Devrient, J.J. Darboven, Kattus, Konig Pilsener, Novartis, Reckitt Benckiser, Sanyo, Sixt, Stihl and Toshiba.

About bwin

bwin is a brand of bwin.party digital entertainment plc, the world's largest market-listed online-gaming enterprise. Founded on 31 March 2011 through the merger of bwin Interactive Entertainment AG with PartyGaming Plc, the company is registered and licensed in Gibraltar. bwin.party holds further licenses in Denmark, France, Italy and Alderney.

One of bwin's major objectives is to promote fair sporting competition, to supply safe choices of bets as well as an effective prevention of gambling addiction. Due to acquired expertise in safety matters, bwin has become an important partner for associations and politicians when discussing safety standards for sports betting.

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