Monday, January 30, 2012

Bwin.Party Digital Entertainment CEO Sees Legal Online Gaming In US Soon

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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.

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Friday, January 27, 2012

Blog: Casino business connection

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Flashback



James Packer and Richard Branson




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

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

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

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

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

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




Arnold Schwarzenegger and Richard Branson


Thursday, January 26, 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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Monday, January 23, 2012

Hulk Hogan Pro Wrestling God Tours Casinos; Sports Entertainment News Update, by Greg Tingle

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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.

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Thursday, January 19, 2012

Virgin Casino Releases Andre the Giant Slot Game

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


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

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

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

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

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

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

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

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

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

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

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

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

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

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Friday, January 13, 2012

Monday, January 09, 2012

Captain Cooks Casino VS Virgin Casino; online casino wars

Online casino players - check out the latest on the "casino wars" between the likes of Captain Cooks Casino and Virgin Casino, with Microgaming stuck in the middle of it.

Captain Cooks Casino

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Virgin Casino

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*See Global Gaming Directory

Hotel News Media: a niche hotel themed news website in progress

Hotel News Media Blog

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Wednesday, January 04, 2012

Bwin.Party Digital Entertainment directors buy up shares - 3rd January 2012

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Bwin.Party Digital Entertainment directors Jim Ryan and Geoff Baldwin have snapped up shares in the online gaming firm. The announcement comes on the same day bwin.party launched a number of online poker and casino games in Denmark for Danske Licens Spil (DLS), a wholly-owned subsidiary of the Danske Spil group. Danske Spil, which is one of the largest betting and gaming organisations in Europe and 80% owned by the Danish government, already has over 600,000 registered online customers. Baldwin, a non-executive director who joined bwin's board in July last year, made the biggest purchase and bought £156,620-worth of shares at 156.62p each. Co-Chief Executive Officer Ryan took his total stake in the firm to 0.19%.

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Tuesday, January 03, 2012

Online gambling companies boosted by regulatory change in United States

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Online gaming companies have having a grand old time as late since US law makers gave the industry an unlikely Christmas surprise.

On December 23, the US Department of Justice announced that its ban on online gambling now applied only to sports betting. It is no longer a wholesale ban on online gambling.

According to analysts the decision clears the way for legalisation of online poker and casino games on a state-by-state basis.

“There now appears to be no Federal law which would prevent the operation of non-sporting gambling,” Numis Securities analyst Ivor Jones said in a note to clients.

He added: “This is a major change in the position of the US DoJ. At the very least it clears the way for State-level online poker legislation.”

“Potentially it opens the way for gambling services to be provided from offshore and this may encourage the US Congress to legislate before the floodgates open.”

Jones advised that there may be no need for a federal law explicitly to make the licensing of inter-State online poker possible.

He thinks that all that may be needed is for a State to license online poker and it would be able to accept players from other states where online gambling is lawful, or not illegal.

The DoJ’s change of heart may be a massive boon to the online gambling industry which was all but dead in the water in the U.S in late 2006 when the government introduced the ban on all financial transactions linked to online gambling.

The news prompted a sector-wide rally with Bwin.Party (LON:BPTY) and Playtech (LON:PTEC) both gaining over 20% since the DoJ announcement. Meanwhile 888 Holdings (LON:888) shares also performed well advancing around 15%.

Ladbrokes (LON:LAD) and William Hill (LON:WMH) have also gained around 7%.

According to Panmure Gordon the biggest beneficiary of the regulatory u-turn will be 888 Holdings.

888 Holdings has a commercial relationship with Caesars Entertainment and the broker says the DoJ decision is particularly pertinent given the state of Nevada passed online poker regulation last Thursday and licences expected to be granted in the Spring.

Panmure has a ‘buy’ recommendation for 888 with a 63p a share price target, which implies some 57% upside from the current price of 40p a share.

The broker said the move by the DoJ would also remove the legacy legal risk from operating casino and poker websites in the US prior to October 2006.

Bwin.Party also has agreements with two Las Vegas operators, Boyd Gaming and MGM Resorts.
In a note to clients today, Daniel Stewart analyst Michael Campbell said that BPTY is well positioned to benefit from State and/or Federal legislation because of these agreements in the US market.

Daniel Stewart’s analysts have a ‘buy’ recommendation on the stock with a 256p target, which implies a potential uplift of around 60% from the current price of 160p.

Given the potential for new business for online gambling in the United States this de-regulation of the industry could be one of the big stories for the leisure and gaming industry this year.


Danske Licens Spil and bwin.party launch online games - 3rd January 2012...

Online gaming group bwin.party has launched online poker and casino games in Denmark for Danske Licens Spil, a wholly-owned subsidiary of Danske Spil.

Danske Spil is is one of the largest betting and gaming organisations in Europe with DKK10.3bn of turnover in 2010.

It is owned by the Danish government (80%), Sports Confederation of Denmark (10%) and Danish Gymnastics and Sports Associations (10%).

A statement by bwin.party co-chief executives Jim Ryan and Norbert Teufelberger said: "Building on our recent announcement regarding deals with both MGM and Boyd in the US market, this is another important milestone in the execution of our stated strategy that is focused on securing leadership positions in regulated and to-be-regulated markets.

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

At 8:30am: (LON:BPTY) share price was -3.85p at 160.15p

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