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Monday, January 30, 2012
Bwin.Party Digital Entertainment CEO Sees Legal Online Gaming In US Soon
Profiles
Bwin.Party Digital Entertainment PartyCasino.com PartyPoker.com Gaming Poker iGaming
Legalized online gambling in the U.S. is now a case of 'when', not 'if', Bwin.Party Digital Entertainment PLC (BPTY.LN) Co-CEO Jim Ryan said Wednesday, adding that he expects the foundations to be laid this year.
But speaking at the ICE online gambling conference in London, the co-chief executive advised that establishing it up will take time.
The process of passing legislation, drawing up regulation, vetting and licensing operators will likely last through 2012, he said, and he speculates that actual operations likely won't happen before next year.
Partygaming, which last year merged with Austrian peer Bwin to form Bwin.Party Digital Entertainment, along with other European operators withdrew from the U.S. market in 2006 shortly after then-President George W. Bush signed a bill designed to prohibit U.S. banks and credit card companies from processing payments to gambling websites.
Partygaming paid a $105 million fine as part of a non-prosecution deal with the DOJ (Department Of Justice) in 2009, for admitting indirect contravention of US law, but in anticipation of a relaxation of the rules, Bwin.Party last year inked a joint venture with U.S. casino operators MGM and Boyd to operate online gaming if and when it became legal in the U.S.
Ryan's confidence comes after a recent ruling by the U.S. Department of Justice, which clarifies the scope of the Wire Act, a law that in the past has been used stop online gambling sites. The ruling essentially gives U.S. states the green light to allow gambling within their borders, according to online gambling experts.
Still, Ryan said this doesn't mean the company is in line to recoup any of the $105 million fine.
Bwin.Party and its joint venture partners have already applied for a preliminary suitability review in Nevada which will lay the groundwork for gaining a license there once regulation is agreed.
Ryan also told the press the sale process for its Ongame poker network is very advanced and he expects to be able to announce further news in the not too distant future.
He confirmed recent reports that the company is looking for an executive to head up its payments processing division CQR with a view to ultimately taking it public, but said this was several years away.
He said the company wants to expand its online payments operations outside of the gambling sector to build an online merchant market place, increasing the value of this asset and ultimately realising shareholder value by listing it on the stock market.
Promotion
Weekend Warrior
Grab a Guaranteed Prize with Weekend Warrior
Week 1: 00:00 ET Sat 4th - 23:59 ET Sun 5th Feb
Week 2: 00:00 ET Sat 11th - 23:59 ET Sun 12th Feb
Week 3: 00:00 ET Sat 18th - 23:59 ET Sun 19th Feb
Week 4: 00:00 ET Sat 25th - 23:59 ET Sun 26th Feb
Power up your weekend with Weekend Warrior!
Earn points playing on Saturday - but don’t stop there! Make sure you come back and play on Sunday to guarantee yourself the biggest reward. We’ll pump up your prize to colossal proportions when you earn points on both days.
Remember - your prize will explode in size when you earn points on both Saturday and Sunday. So play your heart out on both days for the biggest Weekend Warrior rewards.
PartyCasino.com is the place to be at the weekend!
Website Network
Casino News Media
Media Man Int
Media Man
Media Man News
Media Man Entertainment
Bwin.Party Digital Entertainment PartyCasino.com PartyPoker.com Gaming Poker iGaming
Legalized online gambling in the U.S. is now a case of 'when', not 'if', Bwin.Party Digital Entertainment PLC (BPTY.LN) Co-CEO Jim Ryan said Wednesday, adding that he expects the foundations to be laid this year.
But speaking at the ICE online gambling conference in London, the co-chief executive advised that establishing it up will take time.
The process of passing legislation, drawing up regulation, vetting and licensing operators will likely last through 2012, he said, and he speculates that actual operations likely won't happen before next year.
Partygaming, which last year merged with Austrian peer Bwin to form Bwin.Party Digital Entertainment, along with other European operators withdrew from the U.S. market in 2006 shortly after then-President George W. Bush signed a bill designed to prohibit U.S. banks and credit card companies from processing payments to gambling websites.
Partygaming paid a $105 million fine as part of a non-prosecution deal with the DOJ (Department Of Justice) in 2009, for admitting indirect contravention of US law, but in anticipation of a relaxation of the rules, Bwin.Party last year inked a joint venture with U.S. casino operators MGM and Boyd to operate online gaming if and when it became legal in the U.S.
Ryan's confidence comes after a recent ruling by the U.S. Department of Justice, which clarifies the scope of the Wire Act, a law that in the past has been used stop online gambling sites. The ruling essentially gives U.S. states the green light to allow gambling within their borders, according to online gambling experts.
Still, Ryan said this doesn't mean the company is in line to recoup any of the $105 million fine.
Bwin.Party and its joint venture partners have already applied for a preliminary suitability review in Nevada which will lay the groundwork for gaining a license there once regulation is agreed.
Ryan also told the press the sale process for its Ongame poker network is very advanced and he expects to be able to announce further news in the not too distant future.
He confirmed recent reports that the company is looking for an executive to head up its payments processing division CQR with a view to ultimately taking it public, but said this was several years away.
He said the company wants to expand its online payments operations outside of the gambling sector to build an online merchant market place, increasing the value of this asset and ultimately realising shareholder value by listing it on the stock market.
Promotion
Weekend Warrior
Grab a Guaranteed Prize with Weekend Warrior
Week 1: 00:00 ET Sat 4th - 23:59 ET Sun 5th Feb
Week 2: 00:00 ET Sat 11th - 23:59 ET Sun 12th Feb
Week 3: 00:00 ET Sat 18th - 23:59 ET Sun 19th Feb
Week 4: 00:00 ET Sat 25th - 23:59 ET Sun 26th Feb
Power up your weekend with Weekend Warrior!
Earn points playing on Saturday - but don’t stop there! Make sure you come back and play on Sunday to guarantee yourself the biggest reward. We’ll pump up your prize to colossal proportions when you earn points on both days.
Remember - your prize will explode in size when you earn points on both Saturday and Sunday. So play your heart out on both days for the biggest Weekend Warrior rewards.
PartyCasino.com is the place to be at the weekend!
Website Network
Casino News Media
Media Man Int
Media Man
Media Man News
Media Man Entertainment
Thursday, January 26, 2012
Global Gaming Directory: Maintain a winning mindset to help keep you on your game
Global Gaming Directory
Maintain a winning mindset to help keep you on your game
Casino wars between land based casino and online casinios continue; Will it ever end and be over?
Casino wars between land based casino and online casinios continue; Will it ever end and be over?
Sunday, January 22, 2012
Hulk Hogan Pro Wrestling God Tours Casinos; Sports Entertainment News Update, by Greg Tingle
Profiles
Wrestling WWE WWE Hall of Fame Impact Wrestling Ric Flair Hulk Hogan Casinos
Sylvester Stallone Hulk Hogan and Vince McMahon
From Bondi Beach, Australia to Japan, Canada, the USA - most of the world knows of Hulk Hogan.
Who can forget the Hulk-A-Mania Australian tour from a few years ago where he feuded with long time rival Ric Flair, and how about the wrestling angle at the then Star City Casino (now The Star), where it appeared at first that Hogan and Flair went at it for real when Flair implied he "had" Hogan's wife "Jennifer", before Hulk did! Now, that would start a fight and boy did the blood flow. The action was so hot that Seven News decided to purchase the video camera footage from the Media Man agency for a considerable sum.
The red did turn to green, as the old wrestling kayfabe saying goes, but not anywhere near as much as the Australian promoter or Hogan would have prefered.
The arena numbers in Australia were on the downside so much that it was largely responsible for TNA Wrestling deciding not to to ahead with an Australian tour.
The only American (or actually global) pro wrestling - sports entertainment company that he since graced Australian shores is the one and only WWE, headed up by promoter genius Vince McMahon. Once in a while Hogan teases a return to the WWE, and the two do have some line of communication. Take note that McMahon has old Hogan rival Flair getting inducted into the WWE Hall of Fame again (with the other 3 Four Horseman members) the night before WrestleMania, so anything can and does still happen in the WWE. Read up on other recent Media Man WWE news for more on that matter.
This writer would like to see Hogan and Flair both become official WWE spokespersons at some point, but if its to be - they need to make the move soon. Father time is ticking away.
Pro wrestling cousin of sorts, UFC from the MMA world is about to hit Sydney, Australia for a third time, but it ain't wrestling. Note, Brock Lensnar from the UFC and pro wrestling world, has left the UFC recently suffering a loss at the hands of Alistair Overeem at the MGM Grand Garden Arena in Las Vegas, USA.
Hardcore pro wrestling fans of the WWF and ECK ilk will likely know this bit of trivia. It was Lesnar that "injured" Hogan's back in 2002 which was the official reason that The Hulk didn't visit down under back then. The back story is that Hogan and McMahon couldn't come to business terms. What's left to say but that's the pro wrestling industry.
Wrestling icon Hulk Hogan was at Speaking Rock Casino and Entertainment Center last week.
Hogan was there for the Micro Championship Wrestling event held at the venue.
Hogan was accompanied by the Nasty Boys, Brian Knobbs and Jerry Sags, as well as Ed Leslie, better known as Brutus "The Barber" Beefcake, the former WWF Tag Team Champion (having held the title with wrestling legend Greg "The Hammer" Valentine).
Micro Championship Wrestling has a show promoted by Hogan on TruTV. The show, which screens as midget wrestling which has been up and running since August. Note we called them midgets, not dwarfs, so haters lay off ok. Some of the wrestlers also like to be called "little people". Whatever, they are full of excitement, talent and fun, and don't mind sharing it with the world.
Australia's Foxtel doesn't currently get TruTV, so we can't enjoy Hogan's midget wrestling show on the box at this stage, but we're hopeful time will change that. Foxtel is going to soon get a new Factual channel, so there's hope yet wrestling fans.
Hogan is the most recognizable figure in the history of professional wrestling from his success in the business since the 1980s. Hogan's also had many of movies and a host of other high profile shows and projects. Hogan's star power even ecliped "Stone Cold" Steve Austin, Gorgeous George (Wagner) and Bruno Sammartino (for you old school wrestling fans out there).
Hogan enjoyed high level feuds with the likes of Andre the Giant, "Rowdy" Roddy Piper, Paul "Mr Wonderful" Orndorff, King Kong Bundy, Jake "The Snake" Roberts, "The Magnificent" Don Muraco, Dwayne "The Rock" Johnson and "Macho Man" Randy Savage.
On the big screen Hogan has starred in "No Holds Barred," "Suburban Commando" and "Mr. Nanny." He has also made appearances in Rocky III and Walker, Texas Ranger. One can argue that current WWE superstars, John Cena, "The Rock" and Steve Austin took off where Hogan finished as far as mixing wrestling and movies. Roddy Piper is widely regarded as the most talented actor that pro wrestling ever produced. From time to time Piper does his famous "Pipers Pit" talk show segment for the WWE as well as helping out a few other smaller wrestling promotions.
Hogan even had his own reality TV show called "Hogan Knows Best.", and it wasn't long before daughter Brooke, did her own "Brooke Knows Best" show.
Hogan became a household name while in Vince McMahon's World Wrestling Federation (WWF), now known as WWE, which enjoyed a live event in Las Cruces, New Mexico on Sunday at the Pan American Centre.
He is currently signed to the Impact Wrestling - Total Nonstop Action wrestling promotion and has a range of business projects on the go including in the TV, gaming, casino and internet b2b sectors.
Recently, Hogan has made headlines on celebrity websites for his divorce, his son Nick's car crash, daughter Brooke's music career and the pending removal of his world famous moustache (to satisfy some Hollywood movie producers).
Other
Ric Flair is almost as famous as long time rival Hulk Hogan, who along with Flair is currently under contract to Impact Wrestling. Most would argue that Flair is one of the greatest pro wrestlers in history, while Hogan has earned more income from wrestling and wrestling related activities than just about anyone else.
* The writer has a b2b agreement with the WWE (WWE Shop)
* Wrestling legend Andre The Giant gets online slot game via Richard Branson's Virgin Casino.
* Hogan recently released his Kinnect-based "Hulk Hogan's Main Event" game which got mixed reviews from the gaming industry. The game promo goes "Get pumped and bring the pain in the first full-body wrestling game on Kinect for Xbox 360! In Hulk Hogan’s Main Event Hulkamaniacs can train with wrestling icon Hulk Hogan himself. As your mentor, Hulk will help you build your own wrestling personality and school you in the art of showmanship to win over the crowd. Entertain roaring fans with brutal stunts, combos, even devastating chair hits, that will knock your opponent to the mat or out of the ring. The crazier and wilder your motions, the more high impact your wrestling performance is in your living room ring!"
* Hulk Hogan is also tipped to be soon getting his own online slot game. His Hulk-A-Mania game is being developed by Endemol Games. Endemol is the company behind the famous Big Brother franchise, so you know they know about marketing and publicity. The Media Man agency is tipped to soon come to business terms with Endemol.
Websites
Media Man News
Wrestling News Media
Hulk Hogan official website
Ric Flair official website
Micro Championship Wrestling
Speaking Rock Casino and Entertainment Center
Impact Wrestling
WWE Hall of Fame
Website Network
Media Man Int
Media Man
Media Man News
Media Man Entertainment
Wrestling News Media
Australian Sports Entertainment
Wrestling WWE WWE Hall of Fame Impact Wrestling Ric Flair Hulk Hogan Casinos
Sylvester Stallone Hulk Hogan and Vince McMahon
From Bondi Beach, Australia to Japan, Canada, the USA - most of the world knows of Hulk Hogan.
Who can forget the Hulk-A-Mania Australian tour from a few years ago where he feuded with long time rival Ric Flair, and how about the wrestling angle at the then Star City Casino (now The Star), where it appeared at first that Hogan and Flair went at it for real when Flair implied he "had" Hogan's wife "Jennifer", before Hulk did! Now, that would start a fight and boy did the blood flow. The action was so hot that Seven News decided to purchase the video camera footage from the Media Man agency for a considerable sum.
The red did turn to green, as the old wrestling kayfabe saying goes, but not anywhere near as much as the Australian promoter or Hogan would have prefered.
The arena numbers in Australia were on the downside so much that it was largely responsible for TNA Wrestling deciding not to to ahead with an Australian tour.
The only American (or actually global) pro wrestling - sports entertainment company that he since graced Australian shores is the one and only WWE, headed up by promoter genius Vince McMahon. Once in a while Hogan teases a return to the WWE, and the two do have some line of communication. Take note that McMahon has old Hogan rival Flair getting inducted into the WWE Hall of Fame again (with the other 3 Four Horseman members) the night before WrestleMania, so anything can and does still happen in the WWE. Read up on other recent Media Man WWE news for more on that matter.
This writer would like to see Hogan and Flair both become official WWE spokespersons at some point, but if its to be - they need to make the move soon. Father time is ticking away.
Pro wrestling cousin of sorts, UFC from the MMA world is about to hit Sydney, Australia for a third time, but it ain't wrestling. Note, Brock Lensnar from the UFC and pro wrestling world, has left the UFC recently suffering a loss at the hands of Alistair Overeem at the MGM Grand Garden Arena in Las Vegas, USA.
Hardcore pro wrestling fans of the WWF and ECK ilk will likely know this bit of trivia. It was Lesnar that "injured" Hogan's back in 2002 which was the official reason that The Hulk didn't visit down under back then. The back story is that Hogan and McMahon couldn't come to business terms. What's left to say but that's the pro wrestling industry.
Wrestling icon Hulk Hogan was at Speaking Rock Casino and Entertainment Center last week.
Hogan was there for the Micro Championship Wrestling event held at the venue.
Hogan was accompanied by the Nasty Boys, Brian Knobbs and Jerry Sags, as well as Ed Leslie, better known as Brutus "The Barber" Beefcake, the former WWF Tag Team Champion (having held the title with wrestling legend Greg "The Hammer" Valentine).
Micro Championship Wrestling has a show promoted by Hogan on TruTV. The show, which screens as midget wrestling which has been up and running since August. Note we called them midgets, not dwarfs, so haters lay off ok. Some of the wrestlers also like to be called "little people". Whatever, they are full of excitement, talent and fun, and don't mind sharing it with the world.
Australia's Foxtel doesn't currently get TruTV, so we can't enjoy Hogan's midget wrestling show on the box at this stage, but we're hopeful time will change that. Foxtel is going to soon get a new Factual channel, so there's hope yet wrestling fans.
Hogan is the most recognizable figure in the history of professional wrestling from his success in the business since the 1980s. Hogan's also had many of movies and a host of other high profile shows and projects. Hogan's star power even ecliped "Stone Cold" Steve Austin, Gorgeous George (Wagner) and Bruno Sammartino (for you old school wrestling fans out there).
Hogan enjoyed high level feuds with the likes of Andre the Giant, "Rowdy" Roddy Piper, Paul "Mr Wonderful" Orndorff, King Kong Bundy, Jake "The Snake" Roberts, "The Magnificent" Don Muraco, Dwayne "The Rock" Johnson and "Macho Man" Randy Savage.
On the big screen Hogan has starred in "No Holds Barred," "Suburban Commando" and "Mr. Nanny." He has also made appearances in Rocky III and Walker, Texas Ranger. One can argue that current WWE superstars, John Cena, "The Rock" and Steve Austin took off where Hogan finished as far as mixing wrestling and movies. Roddy Piper is widely regarded as the most talented actor that pro wrestling ever produced. From time to time Piper does his famous "Pipers Pit" talk show segment for the WWE as well as helping out a few other smaller wrestling promotions.
Hogan even had his own reality TV show called "Hogan Knows Best.", and it wasn't long before daughter Brooke, did her own "Brooke Knows Best" show.
Hogan became a household name while in Vince McMahon's World Wrestling Federation (WWF), now known as WWE, which enjoyed a live event in Las Cruces, New Mexico on Sunday at the Pan American Centre.
He is currently signed to the Impact Wrestling - Total Nonstop Action wrestling promotion and has a range of business projects on the go including in the TV, gaming, casino and internet b2b sectors.
Recently, Hogan has made headlines on celebrity websites for his divorce, his son Nick's car crash, daughter Brooke's music career and the pending removal of his world famous moustache (to satisfy some Hollywood movie producers).
Other
Ric Flair is almost as famous as long time rival Hulk Hogan, who along with Flair is currently under contract to Impact Wrestling. Most would argue that Flair is one of the greatest pro wrestlers in history, while Hogan has earned more income from wrestling and wrestling related activities than just about anyone else.
* The writer has a b2b agreement with the WWE (WWE Shop)
* Wrestling legend Andre The Giant gets online slot game via Richard Branson's Virgin Casino.
* Hogan recently released his Kinnect-based "Hulk Hogan's Main Event" game which got mixed reviews from the gaming industry. The game promo goes "Get pumped and bring the pain in the first full-body wrestling game on Kinect for Xbox 360! In Hulk Hogan’s Main Event Hulkamaniacs can train with wrestling icon Hulk Hogan himself. As your mentor, Hulk will help you build your own wrestling personality and school you in the art of showmanship to win over the crowd. Entertain roaring fans with brutal stunts, combos, even devastating chair hits, that will knock your opponent to the mat or out of the ring. The crazier and wilder your motions, the more high impact your wrestling performance is in your living room ring!"
* Hulk Hogan is also tipped to be soon getting his own online slot game. His Hulk-A-Mania game is being developed by Endemol Games. Endemol is the company behind the famous Big Brother franchise, so you know they know about marketing and publicity. The Media Man agency is tipped to soon come to business terms with Endemol.
Websites
Media Man News
Wrestling News Media
Hulk Hogan official website
Ric Flair official website
Micro Championship Wrestling
Speaking Rock Casino and Entertainment Center
Impact Wrestling
WWE Hall of Fame
Website Network
Media Man Int
Media Man
Media Man News
Media Man Entertainment
Wrestling News Media
Australian Sports Entertainment
Friday, January 20, 2012
Bingo News Media: Packer's Melco Crown eyes $2b in new debt - 19th January 2012
Profiles
Casino James Packer Melco Crown City of Dreams Altira Macau Lawrence Ho Gaming Crown Casino Australian Casinos
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.
Website Network
Casino News Media
Media Man Int
Media Man
Media Man News
Media Man Entertainment
Sunday, January 08, 2012
Global gaming and casino operators look to enter and re-enter European market
Global gaming and casino operators look to enter and re-enter European market
The world’s largest listed online gambling operator?
The world’s largest listed online gambling operator?
Tuesday, January 03, 2012
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