Wednesday, January 26, 2011

PartyGaming stages a US comeback - 26th January 2011

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The International Gaming Exhibition, the most comprehensive and international business-to-business (b2b) gaming exhibition on the world stage, got underway in Earl's Court yesterday.

It's one of the most important dates on the calendar for any company active in the online, mobile, betting, bingo, casino and street gaming sectors.

They just have to be there to show their wares and hopefully drum up millions of pounds worth of business.

Whispers from the exhibition suggests that Gibraltar-based PartyGaming (1.8p easier at 190.6p), which is soon to merge with Austrian gaming group bwin to become the world's largest gaming group, has pulled off a coup on the first day of the three-day event.

It has signed a lucrative b2b deal with one or even two Big Daddy US casinos - Boyd Gaming, MGM, Las Vegas Sands and Caesars - to provide them with an online poker platform for the US market when it is finally regulated.

PartyGaming has often said it will be ready to re-enter the US games online market via such agreements once regulation allows, in the state or federal level.

New Jersey and California are two states that have made progress towards online gambling regulations.

Leisure analysts believe other states will follow and companies such as PartyGaming will gain some of the licences. The US is the top online gaming market in the world.

Many European players, including PartyGaming, withdrew form the market after the Unlawful Internet Gambling Enforcement Act was created in 2006.

PartyGaming have since settled a legal dispute with the US and is raring to return to the US once regulations are installed.

Rival online gaming group 888 Holdings shed 1.75p to 47.75p. It has yet to strike a deal with US authorities to give it immunity from prosecution over its activities in America prior to the industry being outlawed in 2006. Nevertheless, it has been holding prolonged takeover talks with Britain's biggest bookmaker, Ladbrokes, 0.7p off at 130.3p.

The odds on an early rise in UK interest rates lengthened considerably following shock news of a 0.5pc contraction in fourth-quarter gross domestic product, much worse than the positive 0.5pc that the market expected. The Footsie lost an initial 20 point gain to trade 39 points lower before closing 'only' 26.14 points down at 5,917.71.

Charles Davis, economist at the Cebr, said: 'The data point to a complete loss of momentum-in the recovery at the end of the year. It is too early for the Bank of England to be thinking about interest rate rises despite inflation remaining above target. We expect rates will remain on hold at 0.5pc until 2012 and have not ruled out additional quantitative easing as fiscal tightening takes hold in earnest this year.'

Luxury goods retailer Burberry strutted its stuff with a gain of 33p to 1063p. It recently forecast full-year profits at the top end of market expectations after beating analysts' expectations with a 27pc leap in third-quarter revenue.

Finally convinced that the recent hefty share price rise has been nothing more than a mega bear squeeze ahead of next week's results, punters sold online grocer Ocado 11p lower to 227.6p. Rumoured bidder Wm Morrison dipped 2.9p to 264.7p.

Growing concern about the UK economy and continuing fears about a possible major government upheaval of the banking sector left the part-nationalised Lloyds Banking Group down a further 1.9p to 63.14p.

Despite bullish comments from broker Oriel Securities, Taylor Wimpey cheapened 1.38p to 35.89p. The broker recommends TW and is overweight on the housebuilding sector. It believes 2011 will be a more stable year for the UK housing market than 2010. Without the distractions of a General Election and a Comprehensive Spending Review it reckons a sense of normality will return to the market.

A positive trading update showing a robust order book worth £12bn and a growing new business pipeline valued at £6bn, helped Babcock International climb 8.5p to 579.5p. Investec has a sum-of-the-parts target price of 650p a share.

Forbidden Technologies added 3.5p at 33.5p after signing an agreement with global systems integrator Ericsson which will allow Ericsson to build Cloud services running Forbidden's FORscene video editing platform.

Plus-quoted Oracle Coalfields jumped 8pc to 10.625p. The coal developer and explorer has a 1.4bn tonne coal resource of lignite coal in the South Eastern desert of Singh Province, Pakistan. Interest in the stock has increased because of the potential Indonesian coal export ban and the floods in Australia.

Hand-held computer group Psion lost 5p to 94.5p after warning that it will post an operating loss for 2010 because of foreign exchange losses.

The board forecast that operating losses would be in the region of £1.5m to £2.5m but it remains confident of strong growth in the current year.

It also reported that French software services group Atos Origin had placed a €1.2m order for its rugged Workabout Pro 3. (Credit: Google News, Wires)

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Sunday, January 23, 2011

Casino News Media: PartyCasino New Players Get Up to $3000 Sign Up Bonus Via Media Man Network

Casino News Media: PartyCasino New Players Get Up To $3000 Sign Up Bonus Via Media Man Network

Experience the world's biggest and best online casino, PartyCasino.com, and if you're a new player get up to $3000 sign up bonus.

Slot game classics like Cleopatra, Rambo, The Terminator, Top Gun, Monopoly, Wheel Of Fortune, Call of Duty, Mission: Impossible, Marvel Slot Games like Thor, The Incredible Hulk, The Amazing Spider-Man, The Fantastic Four, and a full suite of traditional casino games like Blackjack, Baccarat, Roulette, and a host of 'Live Dealer' options.

Check out great PartyCasino promotions like Full Moon Mayhem, Cash Back Carnival, Festive Fortunes and Fruit Medley, and don't forget about the industries biggest jackpots via The Big One, Gold Mega Jackpot and Marvel Hero Jackpot.

Poker fans can player poker at PartyCasino's sister website, PartyPoker.com and players can compete for a chance to participate in major poker tournaments such as Crown Casino's 'Aussie Millions' Poker Championship which will be held in Melbourne later this January.

Players can also accumulate PartyPoints, the industries most competitive rewards programme.

PartyGaming's VIP players can also enjoy exclusive rewards in the Palladium Club, and all players can play the exclusive Palladium Slot for free or for money.

PartyCasino was established in 1997 and is listed on the London Stock Exchange.

PartyGaming's PartyCasino.com has won numerous awards and commendations including both EGR 'Slots Operator Of The Year' and Media Man, Casino News Media and Global Gaming Directory 'Online Casino Of The Month' award.

Players from most parts of the world can access PartyGaming's casino including Australia, New Zealand, Canada, South America, France, Germany, Britain and Italy and a range of multi language and multi currency options are available, backed up by 24/7/365 support.

The Media Man network has conducted b2b with PartyGaming brands, as they have with dozens of other brands and entities in the global media, gaming and entertainment sector.

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Sunday, January 16, 2011

Casino News Media: Virgin Casino Offers High Rollers an Industry Leading Sign-Up Bonus

LONDON, January 14, 2011 - Virgin Casino part of the online gaming company - Virgin Games is now offering fantastic new sign-up offers designed uniquely for High Rollers as well as bonus offers for regular players.

Virgin Casino is offering High Rollers one of the best sign-up bonuses in the industry. There are three offers available: GBP350 for a GBP500 deposit, GBP600 for a GBP1,000 deposit, and GBP1,200 for a GBP3,000 deposit. Details of the High Roll sign-up bonuses can be found at VirginCasino.com

For regular players Virgin Casino is offering a 100% sign-up bonus up to GBP100. For details of the promotional offer go to VirginCasino.com

Oliver Wilson, Casino Acquisition Manager at Virgin Games, commented: "For bigger players looking for a better deal than the standard GBP100 sign-up bonus, our High Roller offer is seriously generous and one of the best deals to be had in the industry. We're offering up to GBP1,200 - a great gift for the New Year!"

Founded in 2004, Virgin Games has over 1,000,000 players and over 250 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. A growing selection of games can be found at Virgin Games from a number of producers including Microgaming, WagerWorks, Cryptologic, Freemantle and Ash Gaming.

Notes to editors:

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 Games comprises three distinct offerings:

- Virgin Casino, offers content from a range of games suppliers including WagerWorks, Microgaming, Cryptologic, Freemantle and Ash Gaming, bringing consumers classic casino games like Blackjack and Roulette, as well as great feature slots like Monopoly, Rubik's, X-Factor and the highly popular MegaJackpots progressive games.

- Virgin Poker, part of the Boss Media network, offers a huge array of games and content for beginners through to experienced pros - as well as the most generous loyalty scheme in the industry - Virgin Bingo, part of the Virtue Fusion network, offers cash prizes worth thousands of pounds in the progressive jackpots, as well as Virgin prize bingo and a range of unique Virgin Games bingo games.

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

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Iron-Man and friends join PKRCasino - 14th January 2011

Your favourite Marvel comic book superheroes have come to life at PKRCasino.com Step inside and play our 'Marvel-ous' big name new slots which include Iron-Man, The Incredible Hulk, Blade, Daredevil, Elektra and The Fantastic Four right now. Let's play!

Getting your favourite games on PKRCasino is fast, easy and free. Just click on the download button and you'll be playing in no time. Grab our hot 100% launch bonus worth up to $200 when you make your first deposit and you'll get free cash just for playing!

Click on the download button to get PKRCasino.com Once the download is complete, just click on the PKRCasino icon, choose your game and start playing just for fun or for real money. And remember, our friendly Customer Support Team is on hand 24/7 to help.

PKRCasino is part of PKR Limited, a leading online gaming operator which also brought PKR, the world's leading online poker room, to the market.

PKRCasino is licensed and regulated by The Alderney Gambling Control Commission (AGCC). The AGCC is one of only two jurisdictions to be included on the UK government's 'white list' of approved sites. PKRCasino is committed to fairness and integrity.

News

PKR Poker Sponsors Mixed Martial Arts Promoter BAMMA


The past couple of weeks has seen numerous sponsorship deals happening with several high-profile online poker websites, however the latest sponsorship deal doesn’t involve any professional players. European 3D poker site PKR.com have announced that they are teaming up with BAMMA (The British Association of Mixed Martial Arts) to be their new sponsor for the 2011 season.

BAMMA is the promoter for UK Martial Arts and has been putting on live events as well as televised events in the UK since 27th of June 2009. If you are familiar with Martial Arts you may recognise some of the high-profile fights who fight for BAMMA such as Alex ‘Reidernator’ Reid, Tom ‘Kong’ Watson, and Bob ‘The Beast’ Sapp.

Online the subject of the sponsorship deal, Erika Schwartz Poole who is the PKR.com marketing manager had this to say:

"It is with great pleasure that we announce our official partnership with BAMMA. Mixed Martial Arts is becoming hugely popular and we are very much looking forward to working with them throughout the coming year."

Meanwhile Liam Fisher who is the Vice President of Business Development for BAMMA had this to say:

"2011 is a very exciting year for MMA in the UK and to partner with such an innovative and high profile company such as PKR is a true testament as to how much this business has to offer its partners."

Poker players at PKR.com will be hoping the sponsorship deal will mean prizes rewarding seats to BAMMA events which would be something different for players who want a fun night out. Also, if you don’t currently have an account at PKR.com you will be delighted to hear that all new players will receive a 100% up to $800 bonus.

PKR: Let's Play - world leaders in online poker, online casino and sports betting. The future is now!

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Wednesday, January 12, 2011

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

PartyCasino.com Wins Media Man Online Casino Award

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

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

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

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

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

PartyCasino.com is one of a number of PartyGaming brands.

The most popular PartyCasino.com games of late include Heist, Circus, Rambo, Palladium Slot, The Godfather, Sinatra, Slotbox, Call Of Duty 4: Modern Warfare, Mission: Impossible, The Terminator, Cleopatra, Sinatra, Thor, The Incredible Hulk, The Amazing Spider-Man, Monopoly, Resident Evil, Melon Madness, Wheel Of Fortune and Mega Fortune Wheel.

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

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

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

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

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

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Monday, January 10, 2011

Crown Casino Refuse Jackpot Payment; ClubsNSW VS PokieAct, by Greg Tingle - 10th January 2011

G'day punters, journos, high rollers, politicians, insiders, outsiders... one and all. Media Man and Gambling911 with another hardcore news report hot off the desk...

Crown Casino Refuse Jackpot "Winner"; Wrong Rewards Card!...

Crown casino has thus far refused to pay out many thousands of dollars to an elderly mum (when she was found out to have used her daughter's loyalty card on the winning poker machine.) Crown leaks advise the lady won the 800,000 award points jackpot - worth $8000 grand last Friday but Crown management had told her she had in fact committed fraud! Crown also said the winning jackpot could not be converted into cash. The Crown Signature Club provides points for every dollar spent inside the casino, offering patrons rewards such as free parking, meals and hotel discounts. Folks, you have to read the fine print. Take it from us, its hard to beat Crown, and any casino house for that matter. They are smart cookies to say the least, and that's why Media Man owns some shares in them, and we're up front about it too, unlike some other media companies. Crown spokesman Gary O'Neill said the terms and conditions were made clear to everyone who signed up for the rewards program. "On each machine in that area, the rules of the jackpot are clearly stated, plus at the end of each row of the machines the terms and conditions are clearly explained and the vital term is you must be playing with your own card to be eligible to win," O'Neill said. "As far as we're concerned, the conditions are pretty basic and they're pretty straight forward: to be eligible to get the points you obviously have to have your card in the machine." O'Neill denied the jackpot could be converted into cash, despite a Crown staff member is rumored to have told the press the points could be converted at a rate of 1c a point. "The points go on to your card, it is not a cash jackpot. You don't get money for it." Folks, play by the rules or you could end up very disappointed.

Crown Limited AGM 2010 Recap; Crown Limited Earnings Up...

Folks, Crown is powering along. For those who missed it, and since Crown and 'Our James' remains the talk of the town...Australian casino operator Crown Ltd says revenue from its local gaming and hotels operations since the start of the financial year are up on same period in 2009. Combined gaming revenue from Crown's Melbourne and Burswood casinos between July 1 and November 24 was up abut six per cent on the same period last year, chief executive Rowen Craigie said. Craigie was speaking at the group's annual general meeting in Perth. Non-gaming revenue in the same period was up by about five per cent on the same period last year, excluding the impact of the newly opened Crown Metropol hotel in Melbourne. Including the Metropol, non-gaming revenue was up around 13% on the previous corresponding period, Mr Craigie said. He said turnover from VIP gamblers at the Melbourne and Burswood casinos in the first 21 weeks of the financial year was down 10 per cent on the same period last year. "We are continuing to see an impact from the opening of the two new integrated resorts in Singapore and are yet to capitalise on the opportunity to capture the new business that Singapore potentially offers," Mr Craigie said in a prepared speech. The Metropol hotel, which opened in April, is achieving better than expected occupancy rates and room rates are "firming", he said. Melco Crown Entertainment, in which Crown holds a 33.5 per cent stake, has reported a "broad-based improvement" in the performance of its flagship resort City of Dreams in Macau, the meeting was told. Melco reported improved revenue and earnings in the three months to September 30 compared with the same period last year, Mr Craigie said.

ClubsNSW VS Pokie ACT!; PokieAct Fights Back; Some Documentation Now In Public Domain (Credit: PokieACT)...

Below is my response to an email received on Friday, 7 January around 4:30 in the afternoon. As a matter of professional courtesy, I responded to ClubsNSW's solicitors in the following terms on Sunday morning.

"I refer to your email below. I have not received either your letter nor notification of your letter from Australia Post. My email address is available on the PokieAct.org web site and has been used by the public to contact me.

Please note that because you have stated that your threatening letter is not for publication does not bind me in any way.

The advertisement you attached and commented upon has been revised in accordance with the requirements of Fairfax Media after some debate. To assist you, I have attached the revised advertisement. The revisions may eliminate your concerns.

I reject your suggestion that the advertisement makes any defamatory imputations about ClubsNSW or Mr Newell. There is no allegation that either have concealed anything nor mislead anyone. It is the normal business of ClubsNSW to advocate positions they believe to be in their member's interests and put forward those facts that support that position. In the advertisement, Mr Newell is clearly addressed as chairman of ClubsNSW and in no other capacity. ClubsNSW and Mr Newell as chairman and chief advocate for ClubsNSW are being urged to tell a number of facts that, in my opinion, I consider truths about the pokie gambling pre-commitment reform now being debated.

In substance, you raise four matters of concern to your client. These matters are considered below:

1.
The words you cite ("Casual gamblers won't be inconvenienced. They'll be able to bet safe amounts without a pre-commitment card") as not being presently established are, in fact, an accurate reflection of both the findings of the Productivity Commission and current government policy. Here's the relevant passage from the federal minister Jenny Macklin's speech at Jupiter Casino on 1 December 2010 where she states:

"We also want to minimise the impact on occasional players and overseas visitors. The Productivity Commission’s model would allow occasional gamblers to play outside the pre-commitment system, by purchasing a pre-paid card for example."

This statement was made at the 20th Annual Conference of the National Association for Gambling Studies and was widely reported in the media.

2.
The information about the cost of implementation was obtained as a result of visiting two clubs in Queensland in the company of Rohan Wenn, Senior Adviser to Sen Nick Xenophon. We were both informed by a club manager that the cost of the system in use was $1.50 per day per machine. This system presently provides nearly all of the features of partial pre-commitment as set out by the Productivity Commission. We were informed that alteration to full pre-commitment could be made within the existing pre-commitment system. The present cost of these systems does not take into account the likely economies of widespread adoption or competitive pricing between system suppliers when full pre-committment will be mandated. Those factors are likely to further reduce the cost.

3.
It is open for your client to advocate that the key recommendation and findings of the Productivity Commission about pokie gambling pre-committment are only "conjecture". I do not. I have a high regard for the Commission's research and conclusions. Reports have been published on pre-commitment trials indicating effectiveness that was significant. A report found that for those participating in the system, there was minimal reduction in the pokie gambling spend for recreational and low risk gamblers whereas moderate risk or problem gamblers expenditure was reduced by about 50%. I regard that as significant. In any event, the advertisement prominently indicates that it expresses my opinions. My opinion is reasonably based upon available information.

4.
With regard to the issue of privacy, I again refer to the Minister's speech where Ms Macklin states:

"We will also ensure that the pre-commitment system has very strong privacy arrangements for the data that is collected. The Australian Government has strict privacy legislation to protect people. These are issues that have been successfully resolved in a wide range of areas and we will be applying the highest standards to our gambling reforms."

To speculate that the government will do the complete opposite of what they state is disingenuous. My view is that the Minister is telling the truth.

To indicate that I have any malice whatsoever towards Mr Newell is mistaken. The advertisement addresses Mr Newell strictly with respect to his office as chairman of ClubsNSW. In fact, on the issue of malice, the opposite seems to be the case. Mr Newell declined to attend a meeting with Sen Xenophon if I were to be present. I flew to Canberra and did meet with Mr Ball of ClubsNSW. While there was certainly a conflict of views between myself and Mr Ball, the meeting was cordial and I felt there was mutual respect.

Mr Newell has written an article denigrating my concerns in a ClubsNSW publication. He is recently reported as using the words "panic politics" to describe my endeavours. He is also reported as stating that I have made attacks on his family. This is untrue. As a former editor of the Illawarra Mercury with a high public profile career, I am surprised that, by your letter, Mr Newell seeks to suppress the publication of facts that, in my opinion, are truths of the coming pokie gambling pre-commitment reform even though they run counter to ClubsNSW position. Notwithstanding, I would be happy to meet with Mr Newell at a time and place of mutual convenience. I would welcome a constructive dialogue same as that which has lead to reforms in Woolworths Limited's own pokie policy. Woolworths is Australia's largest pokie operator. My constructive consultation on their gambling policy was publicly acknowledged at Woolworths' recent annual general meeting. My constructive work with Wesfarmers has also been acknowledged.

It is relevant to note the promotional document produced by ClubsNSW that featured former Treasurer Egan was produced while Mr Newell held office at ClubsNSW. That promotion addressed the person ultimately responsible for policy in a similar manner as my advertisement.

Regarding publication, I am informed that it was ClubsNSW itself that provided and therefor published the advertisement to The Australian. I am not responsible for the consequences of that publication let alone Mr Salusinszky's report. In fact, when asked by Mr Salusinszky whether I believed that Mr Newell had mislead ClubsNSW members I stated that he had not. As mentioned above, it is the normal business of ClubsNSW to advocate positions they believe to be in their member's interests and put forward those facts that support that position. In any event, Mr Salusinsky's report is a matter that you should properly take up with the publishers of The Australian based upon my information that it was your client that provided The Australian with a copy of my proposed advertisement.

It is significant that the editorial column of The Australian noted that a mature community debate was under way of pokie gambling pre-committment reform. This characterisation of the advertisement is correct.

Rather than litigation, I respectfully suggest that the better course of action for your client would be to arrange for a public discussion of the issue of pre-commitment reform. Sen Xenophon's staff have informed me that he would be prepared to participate in such an open forum."

Australia's Next Hot Poker Babe; Casino Babes And Media Babes Welcome...

Poker Babes, casino babes, media babes and such have long long a favorite of Media Man and Gambling911. Some poker brands started to pick up the ball (not balls) and run with it, with PartyGaming and Virgin Games touching of things just a tad risque, but now PokerStars is further raising the bar (so to speak). There is now an opportunity for an Australasian-based hostess to follow the PokerStars (.net) Asia Pacific Poker Tour in 2011 and report back all the excitement from each event, capturing every titillating and tantalising moment. Next year you could find yourself partying hard with the boys and girls of the poker tour, celebs and more. It’s not all just fun and games. There's also the bump and grind and travelling from hotel to hotel, give to give, trying you best to keep everyone happy (but there's only 1 of you). Yes, the money is pretty good and some wonderful tips can be garnered for those friendly, open minded and receptive. Yes, you have to work hard, but some say, Party Harder! Cocktails, fine dining, TV cameras, poker gossip, lots of money and fun. Bring your portfolio, career assets and show 'em what you have. If you've got it, flaunt it! Some production exp would be handy, but not required. Lots of on the job training too!!! Bring your passion for poker and party time, and have fun. You might just be the lass (or lad) they are looking for. Oh, check out the Media Man Poker Babes and Casino Babes portfolio. You know you want to. Let Jenny and the girls on the web Woo you, if you follow our lead. Work hard and play harder! Oh, last thing, this month the Media Man Poker Babe of the Month is meeting stiff competition. A 3 way tie thus far between PartyGaming's: PartyPoker's Kara Scott, Australia's Elle Macpherson (coming from nowhere) and Gambling911's Jenny Woo (for her brains and beauty, and ability to get the scoops with her tempting and crafty ways. Carrie Stroup is also making a late charge, and might be in line for the Media Man encouragement award!

Online Casinos, Online Poker and Sports Betting...

Ok readers, we hear you... you also want to know some of the best places to play online (that accept Aussies) if your in or around the Asia Pacific - Australia (including Tassie) and New Zealand, so here it is...

PartyCasino.com

Captain Cooks Casino

Betfair (sports betting only)

PKR.com (mainly poker and some casino and sports betting)

PartyPoker.com (online poker at one of the world's most respected poker rooms and gaming brands)

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Media Man and Gambling911 remind our readers to keep the following in mind:

Take the time to research and learn games before placing down money

Media Man, Casino News Media and Gambling911 are website portals. Not casinos as such, however are recognised as world leading websites that cover the sector and act as central points to games, news, reviews and more.

Readers... er, punters, how did you like our report? How did you see in the new year? Do you like the poker babes and casino babe feature? Is Crown Casino right or wrong in encouring there terms and conditions? Tell us in the forum.

If you have a bet, please bet with your head, not over it, and for God's sake, have fun.

*Greg Tingle is a special contributor for Gambling911

*Media Man http://www.mediamanint.com is primarily a media, publicity and internet portal development company. Gaming is just one of a dozen sectors covered

*The writer owns shares in Crown Limited

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Saturday, January 8, 2011

Casino News Media: PartyCasino New Players Get Up to $3000 Sign Up Bonus Via Media Man Network

Casino News Media: PartyCasino New Players Get Up To $3000 Sign Up Bonus Via Media Man Network

Experience the world's biggest and best online casino, PartyCasino.com, and if you're a new player get up to $3000 sign up bonus.

Slot game classics like Cleopatra, Rambo, The Terminator, Top Gun, Monopoly, Wheel Of Fortune, Call of Duty, Mission: Impossible, Marvel Slot Games like Thor, The Incredible Hulk, The Amazing Spider-Man, The Fantastic Four, and a full suite of traditional casino games like Blackjack, Baccarat, Roulette, and a host of 'Live Dealer' options.

Check out great PartyCasino promotions like Full Moon Mayhem, Cash Back Carnival, Festive Fortunes and Fruit Medley, and don't forget about the industries biggest jackpots via The Big One, Gold Mega Jackpot and Marvel Hero Jackpot.

Poker fans can player poker at PartyCasino's sister website, PartyPoker.com and players can compete for a chance to participate in major poker tournaments such as Crown Casino's 'Aussie Millions' Poker Championship which will be held in Melbourne later this January.

Players can also accumulate PartyPoints, the industries most competitive rewards programme.

PartyGaming's VIP players can also enjoy exclusive rewards in the Palladium Club, and all players can play the exclusive Palladium Slot for free or for money.

PartyCasino was established in 1997 and is listed on the London Stock Exchange.

PartyGaming's PartyCasino.com has won numerous awards and commendations including both EGR 'Slots Operator Of The Year' and Media Man, Casino News Media and Global Gaming Directory 'Online Casino Of The Month' award.

Players from most parts of the world can access PartyGaming's casino including Australia, New Zealand, Canada, South America, France, Germany, Britain and Italy and a range of multi language and multi currency options are available, backed up by 24/7/365 support.

The Media Man network has conducted b2b with PartyGaming brands, as they have with dozens of other brands and entities in the global media, gaming and entertainment sector.

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Saturday, January 1, 2011

Gibraltar Raises Taxes on Online Gambling Companies

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The British territory of Gibraltar has announced that it will be drastically inflating its taxes on all online gambling firms starting in January, a decision that could prove costly for several online poker sites. Online gambling companies are currently paying just a 1% tax in Gibraltar, with a ceiling of £425,000, but starting next month, they’ll be forced into the same 10% tax rate as other Gibraltar businesses pay.

Gibraltar has been an ideal location for many online gambling sites due to the low tax rate and has become something of an “online gambling capital” as a result. Poker rooms such as PartyPoker and 888poker currently hold their headquarters in the territory and the online bookmakers Ladbrokes and William Hill made the move to Gibraltar in 2009 – a decision that was expected to cost the Treasury of the United Kingdom about £12 million per year.

Gibraltar’s first minister, Peter Caruana, said the tax increase has been called for by Gibraltar government’s decision to conform to European law. "To comply with EU law, we must phase out the tax exempt company in 2010," Caruana said. "However, in order to sustain our successful economic model, we must retain a commitment to a very competitive corporate tax model."

PartyGaming, which owns and operates PartyPoker from Gibraltar, recently released details concerning its long-awaited merger with online gambling giant bwin. PartyGaming said in a statement that it would keep its headquarters in Gibraltar while bwin continues to operate in Austria. Whether the news of the tax increase changes those plans remains to be seen. "We’ve known about this for some time and we’ve factored it in," said PartyGaming spokesman John Shepherd. "The tax is still going to be very low."

According to a report in The Guardian, while online companies will now pay the standard 10% tax rate paid by other businesses, they will still not be subjected to any Value Added Tax (VAT), meaning that Gibraltar will remain an attractive setting for gambling companies. VAT is a consumption tax only on the "value added" to a product, material or service – similar to the state sales tax that most U.S. residents pay.

Many experts seem confident that the tax increase won’t cause companies like PartyGaming to flee to other locations. Victor Chandler, Chairman of independent bookmaker Victor Chandler International, expressed his assurance in an interview with regional newspaper El Pais: "Nobody will leave, although we’ll all complain about the tax going up." Chandler began his U.K.-based company in 1946 that does much of its business online, including sports betting, casino games, and poker.

The decision will likely add up to big things for Gibraltar in the near future. Under the current 1% tax rate, Gibraltar collected £10.5 million in revenue from online gambling taxes in 2009. So long as online gambling firms decide to stay put, the government can expect to see that number magnify in the coming years.

Online gambling has proven to be an extremely important source of revenue for Gibraltar and it is believed that 2,000 people currently work in the sector, which is around 12% of the island’s workforce. The industry has also helped to protect the local economy against neighboring Spain’s harsh economic conditions. Of Gibraltar’s 30,000 residents, only 600 (2%) are unemployed. The bordering Spanish city of La Línea de la Concepción is estimated to have 10,000 of its 65,000 inhabitants (15%) out of work. (Credit: Poker News Daily)

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