Follow by Email

Thursday, December 31, 2009

Casino News Media Website Updated

Website

Casino News Media

PartyGaming remains confident - 31st December 2009

PartyGaming remains confident

Product suite remains strong: PartyCasino.com, PartyPoker.com, PartyBets.com, PartyGammon.com, PartyBingo.com, World Poker Tour

Strategic purchases and potential mergers on cards for 2010

Leading listed online gaming operator PartyGaming has stated that its revenues since the end of September are expected to be in line with its earlier predictions despite falling over the first nine months of the year.

PartyGaming owns the World Poker Tour land-based poker tournament series and operates popular online poker domain PartyPoker.com alongside leading bingo sites FoxyBingo.com, Mirror Bingo, Think Bingo and Cheeky Bingo.

The operator stated that it would release its financial results for the fourth quarter of 2009 on February 3 and expects clean full-year earnings before interest, tax, depreciation and amortisation to be ‘slightly ahead’ of its expectations.

“As indicated at the time of our third quarter key performance indicators, our business has continued to perform well across the board during the fourth quarter with a return to net revenue growth across all four of our key product verticals,” said Jim Ryan, Chief Executive Officer for the Gibraltar-based operator.

“Returning poker to growth has been a key focus for us. We are pleased to see that the initiatives introduced throughout the year are now feeding through into both operational and financial performance with increased player numbers and average net daily revenues versus the previous quarter, despite continued competition from illegal US-facing sites and the difficult macroeconomic climate.

“Our casino business has also continued to perform well on the back of new games launched on PartyCasino.com as well as higher jackpots with the most recent Mega Gold jackpot paying out close to five million dollars to the lucky winner earlier this month.

“Bingo continues to show substantial growth on the back of the CashCade acquisition in July of 2009.

“In sportsbetting, our gross win margin has benefited from a good run of sporting results and the introduction of improved risk management tools.

“Despite the challenges presented by the prevailing macroeconomic environment, we have not been distracted from the execution of our strategic plan. With the prospect of a number of new and large regulated markets in front of us, an expanding portfolio of business-to-business customers and a return to growth in our core business, we remain confident about the group’s prospects.”

Profiles

PartyCasino.com

PartyPoker.com

PartyBingo.com

PartyBets.com

PartyGammon.com

World Poker Tour

Websites

PartyCasino.com, PartyPoker.com, PartyBets.com, PartyGammon.com, PartyBingo.com, World Poker Tour

Wednesday, December 30, 2009

PartyCasino Wins Media Man Online Casino Award, by Greg Tingle - 30th December 2009

PartyCasino.com Wins Media Man Online Casino Award

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

The competition for the coveted award was intense again this month with massive bids from both Captain Cooks Casino and Virgin 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. Last month 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 Rambo, The Godfather, Call Of Duty 4: Modern Warfare, Mission: Impossible, The Terminator, Cleopatra, Sinatra, Thor, The Hulk, Monopoly, Resident Evil and Mega Fortune Wheel. Last month a German casino player won the Gold Mega Jackpot of almost $5 million dollars playing Mega Fortune Wheel.

The PartyCasino.com jackpot is currently approaching the $1 million mark. Players can also compete for the Marvel Hero Jackpot, playing the Marvel super hero themed online slot games.

PartyCasino's most recent game releases include Tarzan, High Noon and Call Of Duty 4: Modern Warfare.

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 pro wrestling themed online slot games are in the works and that an all time classic movie adaption will be showcased in the PartyCasino portfolio within 3 months. Names been thrown around include Andre The Giant, Hulk Hogan, Ric Flair, "Rowdy" Roddy Piper and Jimmy "Superfly" Snuka, but those names are only rumors, however a print feature did showcase Andre earlier in the year, indicating that there is substance to the rumor mill. In any event, PartyCasino already has the world's most impressive line up of Hollywood themed games, and more are just around the corner.

In other exciting PartyGaming news, PartyPoker.com is currently running qualifiers to the L.A Poker Classic in the United States. PartyGaming's recent purchase of the World Poker Tour company and assets enables PartyGaming to once again accept American based poker players, and they are hopefully of soon accepting American casino players also. Both websites accept most European, South American and Australian players.

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 and igaming industry.

Websites

PartyCasino.com

PartyPoker.com

World Poker Tour

Profiles

PartyCasino.com

PartyPoker.com

World Poker Tour

PartyGaming

Bingo! - Virgin Games Gets The X-Factor Slot - December 2009

Virgin Games announce their latest product offering, with the addition of the X-Factor to their comprehensive range of bingo games.

The X-Factor bingo slot game offers fans the opportunity to face the judges, get through auditions and make it all the way to the grand final. Those who have what it takes to impress may not find fame, but they could land a fortune, thanks to impressive cash prizes and V Points, which can be redeemed against a host of Virgin-branded products.

This product is part of a number of new television-themed games which are being added to the site in the coming months. These include the popular ‘Blankety Blank’ and ‘The Price is Right’ franchises, which have further enhanced the site’s appeal to gamers from across the U.K.

Part of the Virgin Games group, Virgin Bingo was launched in June 2004 and has quickly established itself as one of the leading online Bingo sites. The site was restructured in June 2006 and alongside sister sites Virgin Casino and Virgin Poker, it aims to provide gamers with the best choice of products and rewards on the internet.

A spokesperson for Virgin Games commented on this new product by saying:

“X-Factor is extremely popular at the moment and we are hoping to capitalise on some of the popularity by offering our customers the chance to participate in this fun and exciting game.”

“With some very attractive prizes on offer, we are sure that this will become one of our most popular bingo products. It compliments a range of entertainment tie-ins, including the popular Cluedo and Monopoly games, which have already proved to be a big hit with players.”

To find out more about this, and a range of other themed Bingo games, visit: VirginGames.com

Virgin Games launched in June 2004 and has quickly established itself as one of the leading gaming websites in the UK. Virgin Games comprises four distinct offerings:

Virgin Casino, part of the Wagerworks network, brings consumers classic casino offerings like blackjack and roulette, as well as great feature slots like Monopoly, Cluedo, Dungeons and Dragons Fortress of Fortunes™ and the highly popular MegaJackpots progressive games, with a seeding value of £1,500,000

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 or Australian players. See World Casino Directory

Profiles

Virgin Games

Virgin Casino

Virgin Bingo

Virgin Poker

Virgin Enterprises Limited

Richard Branson

Bingo

News

Virgin Casino News

Casino News

Online Casino News

Poker News

Global Gaming News

PartyPoker Cash Machine Returns, Features Booster Bonus, by Dan Cypra - 29th December 2009

In January, PartyPoker, one of the world’s longstanding online poker sites, returns the popular Cash Machine promotion. This time, hardcore grinders will earn additional cash as part of a Booster Bonus.

The Cash Machine promotion last ran during the month of September and shelled out a bevy of added funds to PartyPoker players. The promotion returns on January 4th and will run through the end of the month. All players have to do is earn 10 or more PartyPoints on at least 10 days during the 28-day period. Then, PartyPoker officials will take a look at the PartyPoint totals of the 10 highest-earning days and match the lowest one at the rate of $1 per point.

As an example, if a player’s 10 highest PartyPoint total days were 100, 100, 100, 150, 150, 150, 200, 200, 200, and 200, PartyPoker would award a $100 cash bonus, matching the lowest amount. The minimum payout is $10 and there is no maximum amount that PartyPoker will match. For those players who are unable to meet the $10 minimum, a generous consolation prize exists. Text found on PartyPoker’s website explains, “If you can achieve 10 qualifying days of one PartyPoint or more, but fail to earn the minimum cash reward, we’ll give you a seat in our $25,000 Cash Machine freeroll, which takes place at 15:00 ET on Wednesday, 3rd February.”

The Cash Machine Booster Bonus is available to players who earn at least 1,000 PartyPoints per day on 20 out of the 28 days of the promotion. Players who earn between 1,000 and 1,500 PartyPoints for 20 days will earn a $500 Booster Bonus. Players who rack up between 1,500 and 2,000 PartyPoints for 20 days will get a $1,100 Booster Bonus. Players who amass between 2,000 and 2,500 PartyPoints for 20 days will take home a $2,000 Booster Bonus. Players who earn between 2,500 and 3,000 PartyPoints will receive a $3,000 Booster Bonus and those able to surpass 3,000 PartyPoints for 20 days will nab a colossal $5,000 Booster Bonus.

The Cash Machine is an opt-in promotion and players can register for it at any time prior to its conclusion. Once they opt in, PartyPoker will credit players with all PartyPoints earned during the 28 days, regardless of when they sign up. Each qualifying day runs from 00:00 ET to 23:59 ET and days do not have to be consecutive in order to count. All funds earned will be dropped into players’ accounts within 48 hours of the Cash Machine promotion ending.

One day prior to the Cash Machine promotion kicking off, the PartyPoker Monthly Million will play out. The $640 buy-in tournament takes place on the first Sunday of every month and boasts a Championship blind structure. Players begin with 20,000 chips and blinds start at 25-50. The price of poker increases every 20 minutes and antes kick in at Level 6, when blinds are 250-500.

Qualifiers for the Monthly Million run constantly on PartyPoker. Popular ways to enter include a daily Monthly Million Qualifier, a $70 buy-in satellite with at least 19 seats on the line. A Mega Friday Satellite also takes place weekly, featuring a $55 buy-in and 20 seats guaranteed. On Saturdays, two qualifiers take place on PartyPoker offering a combined 18 seats. Country-specific freerolls and daily player point qualifiers also send players to the Monthly Million. Mark your calendars for Sunday, January 3rd, the next running of the Monthly Million.

According to the traffic ranking site PokerScout.com, PartyPoker is the fourth largest site worldwide, with a seven-day running average of 4,500 real money ring game players. It is the second largest not to accept players from the United States, trailing only the massive iPoker Network.

PartyPoker claims World Poker Tour Host and new Poker Hall of Fame inductee Mike Sexton as its ambassador and is currently qualifying players for the L.A. Poker Classic. (Credit: Poker News Daily)

Website Network

Global Gaming Directory

Global Gaming Directory.net

Casino News Media

Poker News Media

Media Man

Media Man International

Virgin Games: Brand Profiles - Virgin Casino News - Start The New Year Right!

Virgin Casino

Virgin Casino is packed full of Vegas favourites from Wheel of Fortune and Price is Right to 6 different versions of Blackjack and 4 different versions of Roulette. You'll also find some of the most entertaining and unique slots on the web with Monopoly on a Roll and Cluedo.

Virgin Casino runs a 24 hour call centre, credits casino payouts quickly (between 24 and 72 hours) and with full Gamcare Certification is one of the safest places to play online. The casino does not accept bets from the USA or jurisdictions where online gaming is illegal.

V*POINTS
At Virgin Casino we figure that it's about time you got more rewards back from your play. That's why we are thrilled to introduce you to V*POINTS, where you'll earn points that can be exchanged for cash or a range of exciting Virgin rewards every time you play. More...

Promotions
If that's not enough, new players will also find signing up is sweetened by a 100% sign up match bonus up to £100 and there are regular cash and prize bonus promotions that run throughout every month of the year.

Virgin Poker

Virgin Poker is all about value. Apologies for the marketing speak but we've tried to pack as much extra value into the great game of poker as possible. That naturally means freerolls and decent guaranteed tournaments (without the whole world in them) but it also means V*POINTS.

Tournaments

Poker players will find plenty of action day or night from a range of games including Texas Hold'em, Omaha, Stud and 5 Card Draw. The call centre is 24/7 and there's manager chat for any queries players might have.

Tournaments run regularly and new players will find a daily €35 freeroll as well as a 100,000 V*POINT freeroll every Sunday. There's a full selection of Multi Table tournaments including a weekly €20,000 guaranteed, a monthly €100,000 guaranteed tournament and satellites for all major events including the EPT and WPT.

Naturally there's also free play on offer at Virgin Poker but with games starting from 5 cents and a weekly 100,000 V*POINT freeroll we think you'll get a taste for the real thing pretty quickly.

V*POINTS
Players earn V*POINTS for every cash hand played on both tournament and cash tables. Whether you win or lose you, every time you play a hand you earn V*POINTS, Simple. Players can then exchange V*POINTS for lots of Virgin extras. That's Virgin Atlantic Flying Club miles, Virgin Vouchers that can be spent on a variety of things from mobile top-ups to digital downloads, and of course Virgin Poker cash for the tables.

Promotions
New players will enjoy a cool 100% match deposit bonus up to £100 plus daily €35 freeroll as well as a 100,000 V*POINT freeroll every Sunday.

Virgin Bingo

Virgin Bingo is part of the Virgin Games family and is wholly owned by the Virgin Group. Quite simply we believe that gaming should be fun and entertaining. It should be rewarding whether you win or lose. That's why at this site your players will enjoy the best bingo, slots and video poker around, and we will offer them unique prizes unobtainable on any other sites - we simply want your players to have a great time.

V*POINTS
At Virgin Bingo we figure that it's about time you got more rewards back from your play, so we are revamping our loyalty scheme and launching a brand new scheme called V*POINTS. In a nutshell, this now means you will earn reward points when playing for real money on all Virgin Bingo games.

Promotions
New players will enjoy 100% match deposit bonus up to £100.

Virgin Games is part of Richard Branson's world famous Virgin Group of companies.

Sorry, no U.S or Australian players. See World Casino Directory

Profiles

Virgin Games

Virgin Casino

Virgin Slots

Virgin Poker

Virgin Bingo

Virgin Games - New Games

V*Points

Virgin Enterprises Limited

Richard Branson

News

Virgin Casino News

Casino News

Online Casino News

Poker News

Bingo News

Global Gaming News

Website

VirginGames.com

Casino News Media Website Network Updated

Websites

Media Man

Media Man International

Global Gaming Directory

Global Gaming Directory.net

Casino News Media

Tuesday, December 29, 2009

PartyGaming's PartyCasino To Release More Hollywood Blockbuster Online Slot Games In Early 2010, by Greg Tingle - 29th December 2009

PartyCasino.com will be releasing more Hollywood blockbuster online slot games early into the new year!

PartyGaming's PartyCasino.com is the undisputed leader in delivering Hollywood movie titles to the online casino environment.

Insiders close to the source advise that "Avatar" style technologies and games are in the works as is some pro wrestling themed action, and more slot games based on some of the most popular motion pictures of all time, many of which from Paramount Pictures.

The company assures that its Rambo, Terminator, Call Of Duty 4, and the casino's Live Dealer facility, is just the tip of the iceberg.

Let's take a look at some of the titles that Party brought from the big screen to its world famous online casino in the past 12 months:

The Godfather, Top Gun, Mission: Impossible, Rambo, Call Of Duty 4, Sinatra, Tarzan, The Terminator, Saturday Night Fever, King Kong, Gone With The Wind, High Noon, The Naked Gun, Resident Evil, and then there's the Marvel Comics line up: The Hulk, Thor, Fantastic Four and Spider-Man. As Stan Lee would say, Excelsior!

PartyCasino.com players can play more games for free or for money, and industry leading promotions such as PartyPoints and Palladium Lounge are also available, both of which has been popular with new players and the veteran VIP's.

Whatever your favorite games are, Party is likely to have them... slots, classics like Cleopatra, new age blockbusters like Mission: Impossible, table games with live dealers, baccarat, roulette, bingo, online poker and blackjack... PartyCasino.com has it all.

Classic slot players can't go past Cleopatra, Monopoly, Wheel Of Fortune, Cluedo, and the modern classics, Sinatra and Rambo.

World class jackpots are also available including the Marvel Hero Jackpot on a range of Marvel Entertainment themed slot games and the Gold Mega Jackpot, made famous via the exclusive Mega Fortune Wheel and The Godfather slot games.

Over the years PartyGaming has won numerous industry awards and commendations, recently winning an EGR Award for social responsibility and the prestigious Casino News Media "Online Casino of the Month" title.

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

Websites

PartyCasino.com

PartyPoker.com

PartyBingo.com

PartyGammon.com

Profiles

PartyCasino.com

PartyCasino.com Classics

PartyCasino Marvel Slots

Marvel Hero Jackpot

Gold Mega Jackpot

Live Dealer

PartyPoints

PartyGaming

Casino News Media Website Updated

Website

Casino News Media

Monday, December 28, 2009

PartyCasino Gold Mega Jackpot News - 28th December 2009

PartyCasino.com Gold Mega Jackpot News

One lucky player has scooped the Gold Mega Jackpot!

It was only a matter of time before our Gold Mega Jackpot, which was the biggest casino jackpot in existence was claimed so congratulations to our lucky player from Germany who coined a massive $4,978,336.20 on Mega Fortune Wheel.

Start playing now to make sure you give yourself every chance of winning a multi-million dollar prize. We’ve seeded the Gold Mega Jackpot at $500,000 and its growing every second!

There are two easy ways to play some of the biggest jackpots on the web: play instantly at PartyCasino.com in your browser or download our software and enjoy the full casino experience.

Find out how you can win

Play on any of the six Gold Jackpot slots listed below and you could be in with a shot of winning the money:

The Godfather
The cinematic masterpiece has now been transformed into a magnificent five-reel, 20-line jackpot slot.

Superstar
Take a trip through the galaxy and beyond in this five-reel, multi-payline Gold Jackpot slot game.

Super Joker
Hilarity and casino cash action combine in this super five-reel, multi-payline Gold Jackpot slot game.

Super Fortune Wheel
Spin the wheel for a chance to win massive cash prizes in this five-reel, multi-payline Gold Jackpot slot.

Super Mystic
Enter the power of the unknown with PartyCasino.com’s mystic themed five-reel, multi-payline Gold Jackpot slot game.

Mega Fortune Wheel
Turn the wheel and spin your way to a giant progressive jackpot in our five-reel, nine-line jackpot slot.

Remember, you could hit the Gold Mega Jackpot and become an instant multi-millionaire at any time.

Website

PartyCasino.com

Profiles

PartyCasino.com

Gold Mega Jackpot

PartyGaming

Virgin Casino News: New Slot Games and New Bingo Games - 27th December 2009

Richard Branson's Virgin Games has released more titles.

Marvel super hero online slot games are now available at Virgin, in addition to classic slots like Cleopatra II, Rubik's, Wheel Of Fortune, Monopoly, Elvis, Da Vinci Diamonds and Rainbow Riches Win Big Shindig.

New age and Hollywood titles like The X Factor, The Price Is Right and Transformers are also available.

Most games can be played for free or played for money.

Virgin's unique V*Points can be exchanged for a wide range of Virgin goods and services.

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

Website

VirginGames.com

Profiles

Virgin Games

Virgin Casino

Virgin Enterprises Limited

V*Points

Richard Branson

News

Casino News

Online Casino News

Poker News

Bingo News

Global Gaming News

Virgin Casino News

Website Network

Global Gaming Directory

Media Man

Media Man International

Casino News Media

Gangs' casino dole scam; Media Man reports from down under, by Greg Tingle - 28th December 2009

Rupert Murdochs' Australian newspapers including The Herald-Sun, continue to run excellent (and balanced) coverage on the casino and gambling sector in Australia.

Let it be known that Murdoch also has some gaming (and igaming) interests, however they are further developed in the UK sector. Media Man has incidental joined some of News Limited's b2b affiliate programs as goodwill and we utilise some of their newsfeeds, so there's your disclaimer before we swing into things.

The age old connection between casinos, gambling dens and crime continues, albeit a different kind of animal than when the late George Foreman and his "Underbelly" crew ran the streets of Melbourne and Sydney. The late "Earthquake" Tim Bristow gave me a small taste of the scene via Sydney's Penthouse Executive Retreat, and "The Golden Mile" (Kings Cross), which Sydney's "Mr Sin" used to have a significant hold on.

Mr James Packers' Crown Casino has come under the spotlight (or blowtorch) again.... in Australia, if its not the anti gambling lobby having a dig, its the press, and if not them, the police. Crown Casino spokesman, Gary O'Neil, was recently quoted that Crown "is not a convent", but that's pretty much a given.

Australian law enforcement agencies have smartly noted and actioned revelations that some high level criminal networks (and some not so smart ones also) are using Crown Casino as quite the hub and centrepiece of criminal activity.

One of the scams that the crims operate is having Centrelink (Australia's unemployment benefits service) customers, and pensioners, buying chips at the casino which are then used as part of the money laundering process.

Media Man will be attending Crown Casino Aussie Millions next month and is in negotiations with media representatives for Crown. We look forward to providing news media and gaming media with more balanced reports on the casino and gaming sector.

*The writer does own shares in Crown Casino

*Greg Tingle is an Australian based correspondent for Gambling911 and the founder and director of Media Man a media, publicity and internet portal development company. Gaming is just one of a dozen of business sectors that Media Man covers.

Ben Packham of The Herald Sun reports:


CRIME gangs are using pensioners and the unemployed to launder millions in dirty money through casinos, authorities believe.

Centrelink has alerted organised-crime investigators to 15 clients it believes are involved.

They are understood to include a Victorian man who bought almost $13 million in chips at Crown, despite being on the dole. The Australian Crime Commission is closely watching casinos after an 18-month probe.

ACC chief executive John Lawler said that it had intelligence indicating organised crime groups were engaged in "high-level gambling activity" in legal casinos.

Its financial assessment team matched information from casino loyalty programs with other databases, including Centrelink records.

Last year, the Herald Sun revealed it had identified about 2600 Centrelink clients who each bought at least $50,000 in chips; 30 had buy-ins of more than $1 million.

Many were welfare cheats with gambling addictions and undeclared incomes. But further investigation revealed some had links to organised crime groups.

The Herald Sun understands Centrelink referred clients with suspected organised crime links to the ACC for further inquiries.

It's believed the ACC identified more suspected money launderers, independently of the welfare agency.

The federal crime-fighting agency refused to comment.

"The ACC will continue to work with the casino industry to ensure serious and organised criminal entities involved in money laundering are identified and pursued," Mr Lawler said.

The investigation also used Immigration, Customs, and tax office data.

The ACC estimates the cost of organised crime is $10 billion-15 billion a year, an estimated $6 billion of which goes offshore.

Its recent report, Organised Crime in Australia, said most such groups had overseas links, good advice and "professional facilitators".

Organised crime groups are typically involved in drugs, weapons trafficking and high-level financial crimes.

Human Services Minister Chris Bowen said hi-tech data-matching meant that welfare recipients with illicit incomes would be discovered.

"Welfare fraud is a criminal offence liable to long jail sentences," he said.

"People who fraudulently claim benefits from Centrelink should consider themselves warned. It's not a question of if you'll be caught, but when."

Casinos are required to turn over information to authorities under anti-money laundering laws introduced after the September 11 terrorist attacks.

Crown refused to comment to the Herald Sun.

*Read the full article here. (Credit: The Herald-Sun)

Website Network

Global Gaming Directory

Media Man

Media Man International

Australian Casino News

Casino News Media

Sunday, December 27, 2009

Partygaming Sees 2009 Core Earnings Slightly Ahead - 19th December 2009

Online gaming group Partygaming PLC said Friday it expects its 'clean' full-year earnings before interest, tax, depreciation and amortization, or Ebitda, to be slightly ahead of the company's expectations amid solid current trading.

'Clean' Ebitda is the company's preferred measure of profitability and excludes one-off, non-recurring and non-cash items.

In a statement ahead of the company's Dec. 31 year-end, Partygaming said it sees revenue for the full year in line with expectations.

Jim Ryan, Chief Executive, said in a statement that, "as indicated at the time of our third quarter key performance indicators, our business has continued to perform well across the board during the fourth quarter with a return to net revenue growth across all four of our key product verticals."

PartyGaming, the world's biggest listed-online gaming group by market capitalization, derives most of its revenue from online poker and casino games and has a smaller sports book and bingo business.

Poker has been under particular pressure amid a very competitive online gambling market and the company has increased the bonuses paid and expanded its loyalty program to encourage customers onto the site and retain them as well.

CEO Ryan added: "We are pleased to see that the initiatives introduced throughout the year are now feeding through into both operational and financial performance with increased player numbers and average net daily revenues versus the previous quarter, despite continued competition from illegal US-facing sites and the difficult macroeconomic climate."

Partygaming said its casino business has continued to perform well on the back of new games and higher jackpots, while Bingo has grown substantially since the group bought Cashcade in July.

Sports betting has benefitted from a good run of sporting results and the introduction of improved risk management tools.

The company also said new gambling regulations in Italy and France, due to be announced in 2010, represent significant revenue opportunities. Last month Partygaming launched an Italian online poker service with Fueps as it builds out its Italian poker network.

The company said Friday that it has agreed a new GBP35 million loan facility which it will use for general corporate purposes including mergers and acquisitions.

In April, PartyGaming agreed to pay $105 million to U.S. authorities, and in turn the U.S. attorney's office for the Southern District of New York agreed not to prosecute the Gibraltar-based company or its subsidiaries for providing Internet gambling to customers in the U.S. before the federal government's ban of the industry in October 2006.

Since the resolution of the U.S. prosecution situation, there has been widespread speculation about consolidation in the market with Vienna-listed online gaming group Bwin Interactive Entertainment AG rumored to be a merger target. BWin is also based in Gibraltor.

PartyGaming will report its fourth quarter key performance indicators on Feb. 3.

Partygaming shares, which closed Thursday at 259 pence, up 2.5% on the day, rose further after Friday's update and at 0805 GMT stood up 1.9% 263 pence.

Profiles

PartyCasino.com

PartyPoker.com

PartyBingo.com

PartyBets.com

PartyGaming

PartyCasino Adds New Games - 27th December 2009

PartyCasino.com has added more new slot games.

Website

PartyCasino.com

Profiles

PartyCasino.com

PartyPoker.com

PartyGaming

Media Man website network exceeds 4 million hits for December 2009

Media Man website network exceeds 4 million hits for December; maintains Hitwise (entertainment) top ten and Google best of the web status

Website Network

Media Man

Media Man International

Global Gaming Directory

Casino News Media

Property News Media

Poker News Media

Marvel Slots Online

Hollywood Slot Games

Super Heroes Casino

Casino Travel Media

Classic Slots Online

Australian Sports Entertainment

Sports Entertainment News

Multi Currency Casino

Global Gaming Directory.net

Saturday, December 26, 2009

PartyCasino: The Top Ten Online Slot Games, by Greg Tingle - December 2009

The top ten online slot games by PartyCasino.com for the month of December 2009 are:

Rambo

Tarzan

Cleopatra

Mission: Impossible

Monopoly

Sinatra

Call Of Duty 4

Top Gun

Thor

The Hulk

The runner up online slot games are:

Resident Evil

Spider-Man

Mega Fortune Wheel

Ramesses Riches

Bejeweled

PartyCasino.com offers unique promotions and player rewards which are widely regarded as the best in the industry. Players can enjoy rewards and bonuses with PartyPoints and the Palladium Lounge, both of which have generous rewards year round and are popular with both new and experienced players, so whether a casino virgin or VIP old hand at the games, there's something for you.

PartyGaming is the parent company of PartyCasino, established in 1997, and is the most successful online company in the world, listed on the London Stock Exchange and winner of numerous EGR Awards, in addition to Casino News Media and Media Man awards and commendations.

Players from most countries can access PartyCasino and PartyPoker. PartyCasino is ranked by many authorities as being the superior online casino for Australia, Europe and South America.

PartyCasino is hopeful of accepting paid American players in 2010, however PartyGaming made a successful purchase of the World Poker Tour late this year allowing players to become more familiar with PartyGaming products and services the world over.

Most games can be played for free or played for money and are available in a range of multi language and multi currency options. PartyGaming's call centre is open around the clock 24/7/365.

Jackpot offerings include Gold Mega Jackpot, Marvel Hero Jackpot and Super Hero Jackpot.

Major innovations at PartyCasino.com include Live Dealer and Single Wallet, and 2010 will see "Avatar" like technologies arrive.

Latest games include the Call Of Duty 4 slot and Melon Madness jackpot slot. 2010 will deliver more Hollywood themed classics, and rumors suggest to be on the lookout for games including pro wrestling also, be it Andre The Giant, Hulk Hogan or Ric Flair. Wrestling Legend Hulk Hogan actually purchased the rights to use the name "Hulk" from Marvel Comics in the 80's, but that's another story. Certainly Party do have positive history in wrestling, Hollywood and Marvel Comics circles. This is evidenced in the public domain not only by The Hulk slot game, but also by Stallone's Rambo slot, Tom Cruise's Top Gun slot and Schwarzenegger's The Terminator. Terminator Salvation features Australia's Sam Worthington, and insiders predict more Terminator games may be on the way.

PartyGaming is licensed and regulated by the Government of Gibraltar, with offices around the world, and have been at the leading edge of innovation, customer service and all round excellence for over a decade. Players and partners alike can be assured they are in safe hands at PartyGaming.

Don't just play the games, "Feel it"... experience the world's leading online casino games at PartyCasino.com

Websites

PartyCasino.com

PartyPoker.com

PartyBingo.com

Profiles

PartyCasino.com

PartyPoker.com

PartyBingo.com

Live Dealer

PartyPoints

Palladium Lounge

Gold Mega Jackpot

World Poker Tour

PartyGaming

Website Network

Global Gaming Directory

Party Casino News

Media Man

Media Man International

Marvel Slots Online

Casino News Media

Classic Slots Online: Most Popular Slot Game Reviews

Classic Slots Online Profiles

Cleopatra

Monopoly

Wheel Of Fortune

Cluedo

The Godfather

Gone With The Wind

Enchanted Unicorn

Elvis

Da Vinci Diamonds

The 50,000 Pyramid

Cleopatra II

Sinatra

Mission: Impossible

The Terminator

Top Gun

Rambo

Saturday Night Fever

The Hulk

Marvel Slot Games

Casino

Online Casino

Slots

Website Network

Classic Slots Online

Classic Casino Games

Global Gaming Directory

Multi Currency Casino

Cleopatra Slot News

Cleopatra 2

Hollywood Slot Games

Party Casino News

Aussie Online Casino

Australian Casino News

Super Heroes Casino

Marvel Slots Online

Marvel Heroes Casino

Media Man

Media Man International

Friday, December 25, 2009

PartyCasino: New Online Slot Game Melon Madness - 25th December 2009

Hit the jackpot with PartyCasino's latest jackpot slot game.

Melon Madness is a five-reel, thirty-payline Jackpot slot game with Free Spins feature. When 3 or more scattered Bell symbols appear anywhere in view, the player is required to choose one scattered Bell which reveals the free spin count and multiplier value. The Free Spins feature cannot be retriggered within free spins.

BigOne Jackpot:

TheBigOne Jackpot consists of five jackpots at different levels; the levels are - from the lowest to the highest - Blitz Cash Jackpot, Quick Cash Jackpot, Super Cash Jackpot, Mega Cash Jackpot, and Colossal Cash Jackpot. All five jackpots grow progressively as bets are made. For each spin, the house adds a small credit to the five running jackpots. All five levels in TheBigOne Jackpot can be won irrespective of hitting any winning combination, while betting any amount. Jackpot is triggered randomly. The larger the bet, the more chance to win a jackpot. Free spins cannot trigger jackpots.

Past winners of PartyCasino.com jackpots have won thousands of dollars, up to $5 million dollars.

Many PartyCasino.com games can be played for free or played for money!

PartyGaming is the owner of PartyCasino, and is widely regarded as the world's most successful and respected online casino brand. PartyGaming is listed on the London Stock Exchange.

Website

PartyCasino.com

Profiles

PartyCasino.com

PartyPoker.com

PartyGaming

Online gaming groups say they are on winning streak - 20th December 2009

Two of Britain’s largest online gaming groups signalled yesterday that punters were returning to the tables.

PartyGaming recorded its best quarter since the second quarter of 2008, while Sportingbet said it had gone from strength to strength.

The fourth quarter of the year is seasonally strong for online gaming companies and PartyGaming did not disappoint after reporting quarter-on-quarter growth across all of its categories, including bingo and casino. KBC Peel Hunt, the stockbroker and advisory house, projected a 24 per cent rise in revenue compared with the same period in 2008, its first year-on-year rise in six quarters.

Yet it was at the poker table that the company played its strongest hand, after revamping its site and working hard to introduce better loyalty offers. It is the first quarter-on-quarter growth that the company, once the largest online poker company in the world, has recorded since 2007.

Jim Ryan, chief executive of PartyGaming, hailed the “return to growth” in the fourth quarter, despite competition from “illegal” US-facing sites.

“Returning poker to growth has been a key focus for us. We are pleased to see that the initiatives introduced throughout the year are now feeding through into both operational and financial performance with increased player numbers and average net daily revenues,” he said.

Meanwhile, Sportingbet also issued a positive trading statement yesterday to coincide with its annual meeting. It said that the strength of its online sportsbook, which accounts for nearly 70 per cent of its revenue, has continued to offset weakness at its poker operation.

PartyGaming looks set to play a significant role in industry consolidation during 2010.

It aims to be a top-three player in the online sportsbook market, after its acquisition of Gamebookers three years ago.

PartyGaming secured a new £35 million banking facility that will fund bolt-on deals. However, the company kept its cards close to its chest over its acquisition plans.

Websites

PartyCasino.com

PartyPoker.com

PartyBingo.com

PartyBets.com

Profiles

PartyGaming

PartyCasino.com

PartyPoker.com

World Poker Tour

PartyBingo.com

PartyBets.com

News

PartyGaming News

Casino News

Poker News

Online Casino News

Global Gaming News

Website Network

Global Gaming Directory

Global Gaming Directory.net

Media Man

Media Man International

Poker News Media

Casino News Media

Thursday, December 24, 2009

Call Of Duty 4: Modern Warfare Hits PartyCasino - 24th December 2009

The stunning Call of Duty 4 has another great accolade to go with its many awards: it’s now an adrenaline-packed slot game at PartyCasino.com

The slot features five reels and 25 paylines to give you the chance to win a staggering 400,000 in your account currency.

You’ll visit treacherous war zones around the globe in Call of Duty 4’s incredible bonus round, where you can win free games and cash prizes by shooting down your enemies.

Play for free or play for money at PartyCasino.com

Profiles

Call of Duty 4

PartyCasino.com

PartyGaming

Wednesday, December 23, 2009

Sydney Star City Casino workers vote to strike - 22nd December 2009

Staff at Sydney's Star City casino have voted to take industrial action over pay, frustrated over a two per cent rise offered by management.

The LHMU hospitality union says staff in the next few days are likely to decide exactly what action to take and when.

"Star City staff have decided on strike action because they are frustrated by the casino's unfair wage offer and management's refusal to listen to them," LHMU NSW branch secretary Mark Boyd said in a statement on Tuesday night.

"The casino put its offer to a vote of all staff in September and earlier this month. Star City staff voted overwhelmingly `no' twice to the casino's unfair pay offer.

"Star City is refusing to listen to its staff who just want a decent pay rise and don't want to lose any of their conditions.

"The decision to consider action is not taken lightly but staff feel it is their last resort."

Mr Boyd said $575 million was being spent renovating the venue, its top executives were paid $2.6 million and the casino's last quarter revenue was up 11.6 per cent.

No one was available for comment at Star City on Tuesday night. (Credit: Wires, Google News, AP)

Website Network

Casino News Media

Media Man

Media Man International

Global Gaming Directory

Global Gaming Directory.net

Tuesday, December 22, 2009

PartyCasino Call Of Duty 4: Modern Warfare is ready for action, alongside action slots, Rambo, Mission: Impossible, The Terminator, Tarzan and King Kong - 22nd December 2009

PartyCasino Call Of Duty 4: Modern Warfare is ready for action, alongside action slots, Rambo, Mission: Impossible, The Terminator, Tarzan and King Kong.

PartyGaming's PartyCasino.com, widely regarded as the world's biggest and best online casino, now has Call Of Duty 4: Modern Warfare ready for action just in time for Christmas, alongside other action packed Hollywood classics Mission: Impossible, The Terminator, Tarzan, King Kong and more.

Call Of Duty is quickly becoming one of the most popular video games of all time, and may even become one of the most popular online slot games ever, sitting next to the all time classic, Cleopatra.

Hollywood slot fans can also find more action in High Noon, Resident Evil, The Naked Gun and Top Gun, and then there's the Marvel Comics themed games, The Hulk, Thor, Spider-Man and Fantastic Four. Go for the Marvel Hero Jackpot and Super Hero Jackpot. Excelsior!, as Marvel icon, Stan Lee would say.

If true classics are your thing, try out Sinatra, endorsed by Frank and Nancy Sinatra's company, alongside the iconic Gone With The Wind and The Godfather. The Godfather is currently the most popular Gold Mega Jackpot slot game at Party and last month it went off at $5 million dollars. Speaking of classics, try out Monopoly, Cleopatra and Wheel Of Fortune.

Casino players might like to mix it up with some Blackjack, Roulette, and Baccarat, and check out the exclusive "Live Dealer" feature. Sister website and brand, PartyPoker.com is also ready both both new and seasoned poker players.

So, whatever your poison, slots, card games, table games or something else, check out the awesome new developments at PartyGaming's PartyCasino, and don't forget, most PartyCasino games can be played for free or played for money, and in a range of languages and currencies to suit your preferences.

Party's player rewards programs system is regarded as a world beater. Collect PartyPoints and have a look at the Palladium Lounge which has won favour with VIP's and high rollers.

In the new year PartyCasino will be releasing more world class games and just a couple of names being speculated include Andre The Giant, Hulk Hogan, Ric Flair, and a game that was seen by insiders as a predecessor of sorts to Avatar. Rest assured that action, Hollywood and virtual worlds fans will be blown away by 2010 offerings. Most European countries can access the online casino, as can Australians and Canadians. PartyGaming remains dedicated to provide an online casino service to Americans, and has recently acquired World Poker Tour, so gaming fans the world over can become more familiar with PartyGaming's numerous game offerings.

PartyGaming was established in 1997 and is listed on the London Stock Exchange. They have won a wide array of industry awards ranging from EGR Socially Responsible Operator of the Year to Casino News Media Online Casino of the Month.

Profiles

Call Of Duty 4

Rambo

Mission: Impossible

The Terminator

Tarzan

King Kong

The Godfather

Sinatra

Cleopatra

Monopoly

PartyCasino.com Marvel Slots

PartyGaming

PartyPoints

Gold Mega Jackpot

Marvel Hero Jackpot

PartyPoker.com

World Poker Tour

PartyCasino.com

Crown bans 2 Carlton players - The Age - 23rd December 2009

Two Carlton footballers have been banned from Crown after an alleged drunken scuffle with a woman and a security guard at the casino.

Ryan Houlihan and Andrew Walker were staying at the Promenade Hotel at Crown overnight on Saturday when they were thrown out.

A witness to the alleged incident said Houlihan was walking around the hotel's lift lobby in his underwear about 3am when staff asked him to return to his room.

Minutes later, he said, screams could be heard when Houlihan, 27, became involved in a dispute with a woman and a security guard intervened.

Walker, 23, allegedly then became involved in the fight with the security officer before two bell boys and back-up security officers arrived. (Credit: The Age)

*Click here for the full article at The Age

Global Gaming Directory Profiles

Crown Casino

Australian Casinos

News

Crown Casino News

Australian Casino News

Casino News

Website Network

Global Gaming Directory

Global Gaming Directory.net

Media Man

Media Man International

Casino News Media

Sports Entertainment News

PartyGaming Sees FY Earnings Up on Poker - 19th December 2009

Online gaming firm PartyGaming said fourth-quarter trading was solid, helped by a return to growth in poker, and that it expected full-year earnings to beat its own expectations.

The company said revenue was in line with its forecasts while clean earnings before interest, tax, depreciation and amortisation were expected to be slightly ahead of the board's expectations.

PartyGaming said on Friday its casino and bingo businesses were both performing well on the back of new games, higher jackpots and the Cashcade acquisition in July.

In sports betting, the company said it had benefited from a good run of results.

It also said it had agreed a new 35 million pounds three-year banking facility.

Analysts expect PartyGaming to report EBITDA of about $132 million (81.4 million pounds) for 2009, according to a Thomson Reuters I/B/E/S poll of eight brokers.

British media on Sunday said the company was in discussions with Austria's bwin Interactive Entertainment AG, but bwin downplayed the report, saying it was not in any advanced talks. PartyGaming said it did not comment on market speculation.

Global Gaming Directory Profiles

PartyCasino.com

PartyPoker.com

PartyGaming

Casino News Media Website Network Updated

Websites

Media Man

Media Man International

Global Gaming Directory

Global Gaming Directory.net

Casino News Media

Super Heroes Casino

Marvel Slots Online

Classic Slots Online

Multi Currency Casino

Cleopatra Slot News

Hollywood Slot Games

Poker News Media

Casino Travel Media

Sports Entertainment News

Monday, December 21, 2009

Virgin Games casino in new online promotions - December 2009

London, December 2009 – Virgin Games are delighted to announce the launch of a series of new promotions, offering incentives for customers to play their range of casino game products.

These include deposit bonuses up to the value of £50 on Mondays and Tuesdays, available on slots and blackjack games respectively. On Wednesday, customers will be offered 20 per cent cash back on all losses, while on Thursday, players can win up to 100 per cent deposit bonus up to the value of £100 on all slot games. These promotions are the latest in a series of incentives which Virgin are offering to players, in a bid to become the web’s favourite online gaming site.

Virgin Games was launched in June 2004 and includes Casino, Bingo and Poker sections. The site includes a number of branded games from popular entertainment and television franchises such as the X-Factor and Monopoly. In addition to substantial cash prizes, gamers can earn V Points, which can be redeemed against a whole host of Virgin products, with everything from holidays to jewellery.

The Guernsey-based website is a fully-owned subsidiary of Virgin and adopts the company’s ethos of having fun in that ‘unique Virgin way.’ The group is fully committed to ethical and responsible gaming policies, with an honest and fair approach, as well as a secure 128 bit SSL encryption for complete safety and peace and mind.

A spokesperson for the Virgin Games commented on these new casino promotions by saying:

"We are committed to offering our customers the very best gaming experience, with an unrivalled bonus structure to reward our most loyal players. These promotions compliment a range of offers and new products we are constantly adding, in our bid to become the very best online gaming site."

To find out more about these and other special offers, visit: VirginGames.com

Virgin Games launched in June 2004 and has quickly established itself as one of the leading gaming websites in the UK. Virgin Games comprises four distinct offerings:

Virgin Casino, part of the Wagerworks network, brings consumers classic casino offerings like blackjack and roulette, as well as great feature slots like Monopoly, Cluedo, Dungeons and Dragons Fortress of Fortunes™ and the highly popular MegaJackpots progressive games, with a seeding value of £1,500,000

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 or Australian players. Please see World Casino Directory.

Profiles

Virgin Games

Virgin Casino

Virgin Poker

Virgin Bingo

WagerWorks

V*Points

MegaJackpots

Richard Branson

Virgin Enterprises Limited

News

Virgin Casino News

Casino News

Online Casino News

Poker News

Bingo News

Global Gaming News

Website

Virgin Games

Virgin Casino Gets Super Hero Slot Games, by Greg Tingle - December 2009

Virgin Casino and Virgin Bingo see new games rolled out thanks to a deal signed with giant software provider, Cryptologic.

Cryptologic's popular The Hulk, Spider-Man and Fantastic Four have leapt into action at Richard Branson's Virgin Games operation.

History buffs will be interested to know that it was living legend, Stan Lee, who was a driving force in developing many of the Marvel super hero characters over the decades. Lee also appears in Marvel motion pictures from time to time, usually in cameo roles.

"Big brands drive player popularity and that is why Cryptologic is excited to launch a game based on Superman, one of the most iconic brands of the entertainment world," said the President and CEO of Cryptologic, Brian Hadfield.

Other new games to be found at Virgin Casino include NextGen Gaming's Blankety Blank and The Price is Right, Cryptologic's Cubis, Virtue Fusion's Dynamite Digger and Ash Gaming's Rubik's Slot.

Virgin Games offer a rewards system, V*Points, which is regarded as one of the industry top reward programs.

2010 will see more new games released at Virgin, and be on the lookout for more Marvel hero themed movies to hit the cinema including Thor and Iron-Man II, and don't be surprised to see more super hero themed games to hit Virgin in the coming months. As Stan Lee says, EXCELSIOR!

Play for free or play for money at Richard Branson's Virgin Games.

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

Website

VirginGames.com

Profiles

Virgin Games

Virgin Casino

Virgin Enterprises Limited

Richard Branson

Stan Lee

V*Points

Cryptologic

NetGen Gaming

WagerWorks

IGT

News

Virgin Casino News

Casino News

Online Casino News

Bingo News

Global Gaming News

Website Network

Global Gaming Directory

Media Man International

Casino News Media

Marvel Slots Online

Marvel Heroes Casino

PartyGaming and Sportingbet both upbeat, but market awaits deals - 18th December 2009

PartyGaming has unveiled an upbeat trading statement, but said little about what investors are really keen on - its thoughts on consolidation in the online gaming sector.

The company was recently said to be in talks with Austria's Bwin about a merger, although Bwin subsequently played this down. Today PartyGaming annouced it had set up a new £35m loan which would be used for "general corporate purposes including mergers and aquisitions." But that is not enough cash to cover the sort of deals investors had in mind, ie the Bwins of this world.

On the business front the company said current trading was solid, and earnings for the year were expected to be slightly ahead of expectations. Its shares have edged down 0.3p to 258.3p but Investec analyst Matthew Gerard issued a buy note and said:

Albeit brief, this is an encouraging update. We expect the increasing focus on casino and bingo to drive robust revenue and earnings growth in what remains a structurally attractive sector. This supports the current 15 times 2010 PE valuation, whilst consolidation and regulatory change-driven growth offers more material upside, in our view.

KBC Peel Hunt's Nick Batram was also positive:

Our buy stance is based upon the view that Party is an attractive asset in a global market with exciting growth and consolidation prospects. Poker has stabilised, casino and sportsbook are growing and new markets and B2B present further opportunities. Assuming stable currencies the group should return to earnings growth in 2010. A prospective PE of 16.1 times doesn't look expensive given the opportunity for growth and corporate activity.

Elsewhere Sportingbet shares climbed 1.25p to 66.25p after an annual meeting statement stating that trading was in line and the company was confident of a satisfactory outcome for the year. Oriel Securities analyst Jeffrey Harwood said:

Sportingbet indicates that the main trends seen in the first quarter (reported on 25 November) have continued. The group is benefiting from its focus on European sports betting where revenues were 56% ahead in the first quarter.

Following some recent weakness the shares look attractive on a prospective PE of 10 times. Shares moving up to the main market in early 2010.

Profiles

PartyCasino.com

PartyPoker.com

PartyGaming

News

PartyGaming News

Casino News

Online Casino News

Poker News

Global Gaming News

Website Network

Global Gaming Directory

Casino News Media

Media Man

Media Man International

Global Gaming Directory Net

Sports Entertainment News

Sunday, December 20, 2009

PartyGaming Trading Statement - 18th December 2009

PartyGaming Plc

("PartyGaming" and, together with its subsidiaries, the "Group")

Pre-Close Trading Update

*Solid current trading and return to sequential revenue growth for all product verticals

*Revenue in-line with the Board's expectations while Clean EBITDA for the year to 31 December 2009 is expected to be slightly ahead of the Board's expectations

*Prospective licensing and regulation in Italy and France offers exciting medium to long term revenue potential

*New £35m bank facility

PartyGaming Plc, the world's leading listed online gaming company, announces that trading since the end of September 2009 has been solid. While revenue is expected to be in line with the Board's expectations, Clean EBITDA for the year to 31 December 2009 is expected to be slightly ahead of the Board's expectations.

Whilst the timing and details of new regulations to be introduced in Italy and France in 2010 have yet to be clarified, we believe these markets represent significant potential revenue opportunities for the Group in the medium to long term. Leveraging our scale and brand strength, we plan to take full advantage of these opportunities through the launch of B2B services with strong local brands and also through our existing brands. Combining the strength of the PartyPoker brand with the trade and assets of the World Poker Tour that we acquired in November 2009, we believe we are also well-positioned should the US government elect to regulate online poker in the US.

Commenting on today's announcement, Jim Ryan, Chief Executive Officer, said:

"As indicated at the time of our third quarter key performance indicators, our business has continued to perform well across the board during the fourth quarter with a return to net revenue growth across all four of our key product verticals.

"Returning poker to growth has been a key focus for us. We are pleased to see that the initiatives introduced throughout the year are now feeding through into both operational and financial performance with increased player numbers and average net daily revenues versus the previous quarter, despite continued competition from illegal US-facing sites and the difficult macroeconomic climate.

Our casino business has also continued to perform well on the back of new games launched on PartyCasino as well as higher jackpots, with the most recent Mega Gold jackpot paying out close to $5.0m to the lucky winner earlier this month.

"Bingo continues to show substantial growth on the back of the Cashcade acquisition in July 2009. In sports betting, our gross win margin has benefited from a good run of sporting results and the introduction of improved risk management tools.

"Despite the challenges presented by the prevailing macroeconomic environment, we have not been distracted from the execution of our strategic plan. With the prospect of a number of new and large regulated markets in front of us, an expanding portfolio of B2B customers and a return to growth in our core business, we remain confident about the Group's prospects."

New bank facility

The Group, via its UK subsidiary, has entered into a £35m three year term loan. The loan will be used for general corporate purposes including mergers and acquisitions. The all-in cost of the loan is anticipated to be approximately 6% per annum based on current interest rates.

The Group's fourth quarter KPIs will be announced on 3 February 2010.

Profiles

PartyCasino.com

PartyPoker.com

World Poker Tour

PartyBets.com

Cashcade

PartyGaming

News

PartyGaming News

Casino News

Online Casino News

Poker News

Global Gaming News

Saturday, December 19, 2009

Party Gaming 2009 Revenue in Line with Management Expectations, by Dan Cypra - 18th December 2009

In a trading update released to the London Stock Exchange on Friday, Party Gaming, the parent company of PartyPoker, announced that its revenue was in line with Board expectations, while Clean EBITDA would likely surpass estimates.

Party Gaming is now anxiously awaiting legislative developments in three key markets: France, Italy, and the United States. On the latter country, which has been effectively shut off for the publicly traded company since 2006, the statement released by Party Gaming concludes, “Combining the strength of the PartyPoker brand with the trade and assets of the World Poker Tour that we acquired in November 2009, we believe we are well-positioned should the U.S. government elect to regulate online poker.”

As it stands now in the United States, the primary hope for legalization and regulation of the game is Congressman Barney Frank’s (D-MA) Internet Gambling Regulation, Consumer Protection, and Enforcement Act, HR 2267. The measure outlines a framework whereby licensed online gaming companies can solicit real money action from U.S. customers. A companion bill introduced by Congressman Jim McDermott (D-WA), HR 2268, taxes companies 2% of deposits and could raise as much as $40 billion in revenue over a ten-year period. HR 2267 boasts 63 co-sponsors, while HR 2268 has four.

Party Gaming’s attention seems to be focused squarely on poker given its recent acquisition of the World Poker Tour (WPT), a longtime industry staple. Party Gaming CEO Jim Ryan commented, "Returning poker to growth has been a key focus for us. We are pleased to see that the initiatives introduced throughout the year are now feeding through into both operational and financial performance with increased player numbers and average net daily revenues versus the previous quarter, despite continued competition from illegal U.S.-facing sites and the difficult macroeconomic climate.”

PartyPoker introduced its Monthly Million poker tournament earlier this year, a $640 buy-in event held on the first Sunday of every month. In December, PartyPoker member “ireadursoul” took down the Monthly Million to the tune of $200,000.

Also announced in Friday’s trading update was that Party Gaming had taken out a £35 million three-year loan to be applied towards mergers and acquisitions. Discussion of a possible merger between Party Gaming and bwin has dominated poker news headlines this week, although the company has not confirmed that any deal is imminent. bwin is also a publicly traded company and can be found on the Vienna Stock Exchange.

Shares of Party Gaming closed the week trading at 254 pence in London, down 4.6 pence on the day, or 1.8%. In the beginning of November, shares of Party Gaming’s stock (PRTY) had sunk as low as 214 pence before rebounding. In January, amid the worldwide economic doom and gloom, Party Gaming was fetching a lowly 157 pence a share.

Also helping to keep revenues afloat in recent months has been Party Gaming’s Bingo and Casino arms. PartyBingo’s business was boosted by the acquisition of Cashcade back in July, while a $5 million jackpot payout in the casino earlier this month drew a considerable amount of attention.

Ryan remained optimistic that a strong 2010 would be in store for the company’s investors: "Despite the challenges presented by the prevailing macroeconomic environment, we have not been distracted from the execution of our strategic plan. With the prospect of a number of new and large regulated markets in front of us, an expanding portfolio of B2B customers, and a return to growth in our core business, we remain confident about the Group's prospects."

Read the entire Party Gaming Trading Statement to the London Stock Exchange. (Credit: Poker News Daily)

Profiles

PartyCasino.com

PartyPoker.com

World Poker Tour

PartyGaming

Marvel Slots Online Website Network Updated

Website Of The Month: PartyCasino.com

Play for free or play for money at PartyCasino.com

Promotions include PartyPoints, Palladium Lounge, Cash Machine and Slotastic Sundays.

Play for the Super Hero Jackpot and Marvel Hero Jackpot.

Thor can be played now, before the movie is due to be released in 2010.

PartyCasino is owned by PartyGaming, established for over a decade and listed on the London Stock Exchange.

PartyCasino has won numerous industry awards including both the eGaming Review "Operator Of The Year" and the Casino News Media "Online Casino of the Month".

*Sorry, no U.S players. PartyCasino is hopeful of being available to U.S players in 2010.
*Australian players welcome.
*Canadian players welcome.
*Italian players welcome.
*South American / Spanish players welcome.
*South African players welcome.
*Multi language and multi currency options.
*Apply at PartyCasino.com for full list and verification.
*Listed on the London Stock Exchange and owned by PartyGaming.

Website Network

Marvel Slots Online

Marvel Heroes Casino

Super Heroes Casino

Hollywood Slot Games

Global Gaming Directory

Media Man International

Casino News Media

Casino News Media Website Network Updated

Websites

Media Man

Media Man International

Global Gaming Directory

Global Gaming Directory.net

Casino News Media

Casino Travel Media

Classic Slots Online

Cleopatra Slot News

Marvel Heroes Casino

Marvel Slots Online

Australian Sports Entertainment

Sports Entertainment News