Sunday, December 15, 2013
Australia's Crown Faces Slot Machine Levy - December 2013
SYDNEY--Shares in Australian casino company Crown Ltd. (CWN.AU) came under pressure Friday after lawmakers proposed a new tax on slot machines at its flagship Crown casino in Melbourne.
Victoria state proposed an annual levy of A$22,175 (US$19,800) per slot machine to raise A$56.8 million a year, as it attempts to fund infrastructure developments such as roads and schools while holding onto its AAA credit rating.
Crown shares fell as much as 6% in Sydney before closing down 4.3% at A$15.90 in a overall strong market.
"In these challenging economic times the coalition government must maintain a disciplined budget to ensure we can continue to invest in the critical infrastructure and services that Victorian families and businesses deserve," the state's Treasurer, Michael O'Brien said in a statement.
Any changes to tax arrangements between Crown and the Victorian government need to be agreed by both parties.
Crown, which is controlled by billionaire James Packer, confirmed that it was in discussions with lawmakers and expects talks to conclude early next year.
Describing the discussions as "positive", Mr. Packer said he hoped they would create an outcome that allowed the casino to continue competing effectively with international and interstate rivals.
"Both Crown and the Victorian government would like to see the Crown Melbourne resort continue to grow and to attract more overseas and interstate tourists," Mr. Packer said.
Still, the decision comes at a tough time for Australia's gambling sector, which is being hurt by fragile consumer confidence as the country's long mining boom fades.
Crown's underlying profit for the year through June, which removes one-off items like asset sales, swelled by 14% to A$473.2 million. The result, however, was boosted by a large jump in earnings from the company's joint venture in Macau with Lawrence Ho.
Crown Melbourne remains the biggest contributor to the company's profits and suffered a 12% decrease in operating earnings last financial year.
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Richard Branson quotes
My general attitude to life is to enjoy every minute of every day. I never do anything with a feeling of, “Oh God, I've got to do this today.” From his interview in The Guardian newspaper, 20th September 2008
I became an entrepreneur by mistake. Ever since then I've gone into business, not to make money, but because I think I can do it better than it's been done elsewhere. And, quite often, just out of personal frustration about the way it's been done by other people. As stated in an interview with Martyn Lewis in his book, Reflections on Success (1997)
My philosophy is that if I have any money I invest it in new ventures and not have it sitting around. From his interview in The Sunday Mirror, 16th January 2000
Making money never was my incentive. I just want to fight big companies. From his interview in The Sunday Mirror, 16th January 2000
If you want to be a Millionaire, start with a billion dollars and launch a new airline. Quoted by P. Greenberg, “Why JetBlue will be different,” MSNBC as cited in Gittell and O’Reilly (October, 2001) Harvard Business School Press Reprint No. 9-801-354
I was born under a lucky star, and I have nothing whatsoever to regret. I wouldn’t change a thing about my life. In his interview with Nina Myskow for Saga magazine, July 2007
Richard Branson (Virgin Enterprises Limited) and Greg Tingle (Media Man)
Friday, July 19, 2013
Monday, July 15, 2013
Casino will allow non-VIPs entry as high-roller guests - 12th July 2013
Australian Casinos Crown Limited Casinos Hotels Property Sydney Australia
VIPs only: Crown Sydney will be modelled on Melbourne casino's Mahogany Room. Photo: Supplied
Guests without VIP credentials will be allowed into James Packer's high-roller casino, despite claims strict entry requirements will weed out the general public.
It follows a warning by an independent panel that stringent rules are required to prevent Crown admitting regular gamblers on slow nights.
Crown says its proposed high-end casino at Barangaroo is aimed squarely at affluent gamblers, reducing the risk of problem gambling and leaving the mass gaming market to its rival, the Star. It will cater for international and domestic high rollers, but says half the property's earnings will come from local gamblers. To ensure exclusivity, members would have to demonstrate a record of VIP gaming at other casinos, or be subject to a 24-hour cooling-off period before playing. Their gaming habits would also be reviewed regularly to ensure they should remain members.
But they would be permitted to bring a ''limited number'' of guests who could play tables without undergoing the same checks.
Gambling Impact Society executive Kate Roberts said the loophole ''makes a mockery'' of the so-called strict entry requirements. A Crown spokesman said VIP gaming rooms around the world allowed members to ''enjoy the company of their partner or couple of friends'', and to do otherwise would discourage patrons.
Crown Sydney will model its exclusive gaming area on the Mahogany Room at the group's Melbourne casino. It would not reveal what proportion of gamblers in that room each year are guests. Australian Churches Gambling Taskforce member Mark Henley said allowing members to ''sign in a friend'' meant guests could gamble beyond their means.
''You can lose a lot of money very fast,'' he said. ''One thing that casinos are very good at is creating an environment where people spend far more than they intend to.''
Crown said granting the general public access to the high-roller rooms would run counter to its commercial interests, eroding the casino's exclusive nature.
But the independent panel said ''a concern remains'' about the strength of that incentive if Crown was ''unable to attract sufficient VIP members to fully utilise the facilities'', which would accommodate about 700 players. It said a strong definition of VIP gaming was required.
Crown said members rules, and an absence of poker machines and low-bet tables, would ensure it caters only to wealthy patrons. It said if the same measures were applied to its Melbourne casino, only 5 per cent of local gaming customers would be attracted.
However, anti-gambling groups said an unlimited number of electronic casino games would be as damaging as poker machines, and appeal to local gamblers, not VIPs. Crown said local gaming revenue will likely be higher in Sydney than Melbourne, because of its larger population, higher average household incomes and higher participation rates in other forms of gambling.
The government has given conditional approval to the bid and says rules will be in place to ensure guests are "bona fide". (Fairfax Media)
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Marvel Entertainment - The Avengers Boosting Marvel Slots Popularity; Media Agency...
The box office success of Marvel Entertainment comic book based movie 'The Avengers', is boosting the popularity of Marvel slot games across internet networks, the Media Man agency has reported.
A Media Man spokesperson said "Marvel themed games have been popular ever since they were first released, but the success of Marvel Entertainment movies such as Thor, Captain America and The Avengers has at least doubled their popularity according to our data. A new rumoured Hulk movie or TV series, and the upcoming release of The Wolverine movie, staring Australia's own Hugh Jackman, will only further spike online game popularity."
Bwin.Party Digital Entertainment has licensed the Marvel deal, and the games can be found at Hitwise top ten website portals such as Media Man, which has a b2b in place with Bwin.Party and PartyCasino.
More Marvel Entertainment games are in the works and the Media Man agency will be providing detailed reviews on the games as more information comes to hand.
Gamers and gamblers, as always - bet with your head, not over it, and have fun.
Marvel Entertainment movie game fans and true believers...there's only one thing to say - Excelsior!
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Hollywood movie news wrap-up: Marvel Entertainment news and Marvel Comics movie themes
Future of Sydney casino market unknown
Turn of the card eats into Crown's profit
Crown bets on lure of more casinos
Australian flag bodypainted model: Make love and peace, not war
Zeta Bar's Secret Garden At Hilton Sydney: Secret Garden human statue models every Friday Night
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Superhero movie line-up for Australia in 2013
UFC returns to Australia this December
WWE planning to push hard on Glenn Beck, What's saving WWE Superstar Jack Swagger
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Marvel Entertainment - The Avengers Boosting Marvel Slots Popularity; Media Agency...
The box office success of Marvel Entertainment comic book based movie 'The Avengers', is boosting the popularity of Marvel slot games across internet networks, the Media Man agency has reported.
A Media Man spokesperson said "Marvel themed games have been popular ever since they were first released, but the success of Marvel Entertainment movies such as Thor, Captain America and The Avengers has at least doubled their popularity according to our data. A new rumoured Hulk movie or TV series, and the upcoming release of The Wolverine movie, staring Australia's own Hugh Jackman, will only further spike online game popularity."
Bwin.Party Digital Entertainment has licensed the Marvel deal, and the games can be found at Hitwise top ten website portals such as Media Man, which has a b2b in place with Bwin.Party and PartyCasino.
More Marvel Entertainment games are in the works and the Media Man agency will be providing detailed reviews on the games as more information comes to hand.
Gamers and gamblers, as always - bet with your head, not over it, and have fun.
Marvel Entertainment movie game fans and true believers...there's only one thing to say - Excelsior!
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Friday, February 22, 2013
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Mets eye casino at Citi to help offset losses suffered in Bernie Madoff scandal
New York United States Casinos Property World Directory Casino News Media
(New York) It's an Amazin' gamble!..The Mets' owners want to roll the dice on building a Las Vegas-style casino next to Citi Field to recoup some of the $162 million for which team brass are still on the hook following the Bernie Madoff Ponzi-scheme debacle, plans obtained by The Post reveal...While team owners Fred Wilpon and Saul Katz are still having trouble opening their tight pockets for high-priced free agents, that didn't stop their development arm, Sterling Equities, from betting on a proposal that called for bringing a massive casino with gaming tables and slots, a 500-room, full-service hotel, 1.8 million square feet of retail and other amenities to the Willets Point development site in Queens. Rich Calder, New York Post.
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Gamesys Group Acquires Virgin Games Business and Forms Long Term Partnership for Global Online Gaming
Gamesys Group and Virgin Group announce that they have signed an agreement that will see the Gamesys Group acquire the assets of Virgin Games and form a long term partnership to develop real money and social gambling propositions globally under the Virgin brand.
Gamesys Group CEO, Noel Hayden, commented; “We have been long term admirers of the Virgin brand and all it stands for. We are delighted to have the opportunity to leverage our unique platform, games and services to power Virgin gaming propositions around the world.”
Gamesys Group is a UK success story. Built on true entrepreneurship, the Group was founded back in 2001 by Noel Hayden, Robin Tombs and Andy Dixon and now employs more than 700 people.
Virgin Games, which was founded in 2004, has grown consistently since launch and regularly won awards for its customer service and advertising.
Richard Branson, founder of Virgin Group said; 'We are delighted the Gamesys Group has acquired Virgin Games and formed a partnership to build a global games business. Simon Burridge and his team built a strong platform and now with the help of the Gamesys Group we can expand further internationally. We believe the Gamesys Group shares our vision and will be great partners in the sector.'
Simon Burridge, CEO of Virgin Games said: 'With many new opportunities opening up across the world, it was important to attract a new partner to capitalise the power of the Virgin brand. We are delighted Virgin Games is being acquired by the Gamesys Group, whose track record of growth and innovation speaks for itself.'
Gamesys Group will relaunch the existing Virgin Games UK site in the first quarter of 2013.
Virgin was advised by Oakvale Capital.
ABOUT GAMESYS The Gamesys Group was founded by Noel Hayden, Robin Tombs and Andy Dixon in April 2001 with a small team of developers. The aim was to build a profitable online entertainment business providing Instant Win, Bingo and Casino games to a worldwide audience using proprietary gaming software.
After eight years, the Group's leading brand Jackpotjoy.com has built a considerable UK and pays out in excess of GBP250 million in winnings every month. The success of Jackpotjoy.com has established the Gamesys Group as one of the UK's leading online gaming businesses. In 2006 they were named No. 1 in the Microsoft / Sunday Times Tech Track 100 League Table, and they're now one of only four companies to have appeared on the list four years in a row. This feat reflects both the company's capacity for sustained growth and its remarkable resilience during periods of financial instability.
In 2008 Gamesys Group entered into an agreement with News International to build and operate Sun Bingo and have since launched Fabulous Bingo with the same Partner.
For more information on the Gamesys Group please see http://www.gamesyscorporate.com
ABOUT VIRGIN Virgin is a leading international investment group and one of the world's most recognised and respected brands. Conceived in 1970 by Sir Richard Branson, the Virgin Group has gone on to grow successful businesses in sectors ranging from mobile telephony, travel, financial services, leisure, music and holidays to health & wellness. Virgin has created more than 400 branded companies worldwide and employs approximately 50,000 people, in 34 countries. In 2012 global branded revenues were £13bn ($21bn).
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Media Man inks b2 deal with Red Returns: Red Flush Casino, Casino La Vida and more
International internet publishing, advertising, management and publicity company, Media Man, has come to business terms with leading igaming firm, Red Returns.
Red Returns is best known for their excellent online casino brands, Red Flush Casino and Casino La Vida.
Red Flush was awarded the “Best New Casino for 2008” award from CasinoMeister, and it is no surprise as to why. In only a few months they had staked their claim in the online casino arena as a no nonsense, no frills attached online casino that pride themselves on excellent service and superior gaming pleasure above all else. There is no doubt that Red Flush will continue to strive for stellar performance ratings and superior online casino quality.
Red Flush online casino has over 450 excellent games in their repertoire. They make use of the pioneering casino software from Microgaming that has seen some of the best casinos enter onto the internet. Every month, four new exceptional game releases are added to the online casino to ensure that the freshness and diversity of Red Flush always remains intact. A comprehensive range of slots, table games, video poker and progressive jackpots all merge together to form a competitive package of brilliant entertainment for any and all casino enthusiasts.
The b2b deal is initially for 3 months duration, which both parties agree is a very good period of time to gauge the initial success of the campaign.
It's understood dozens of European based igaming firms are watching on with great interest.
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Media Man inks deal with Bingo Australia aka The Bingo Affiliates
The Media Man agency has inked yet another deal with one of the world's leading igaming promoters, Bingo Australia aka The Bingo Affiliates.
In an age where the igaming space is somewhat saturated, including in the online bingo sector, Bingo Australia - The Bingo Affiliates continue to be in the global igaming front runners.
Industry insiders expect Bingo Australia to give competitors such as PartyBingo, Foxy Bingo and Virgin Bingo a run for their money.
Expect to see some highly competitive online bingo promotions on the Media Man network, as The Bingo Affiliates pull out all the stops as they aim towards being a world's top 3 igaming operator.
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bwin.party rebalances board of directors - 16th January 2013
In the wake of last month’s news that Jim Ryan had decided to step down as its Co-Chief Executive Officer, online gambling operator bwin.party digital entertainment has announced that Joachim Baca has resigned as its Chief Operating Officer.
Gibraltar-based bwin.party revealed that Baca has stood down so that the composition of its board of directors remains compliant with a UK corporate governance code recommendation regarding the balance of independent and non-independent members.
Baca joined bwin Interactive Entertainment AG as Chief Operating Officer in 2006 before that firm’s subsequent 2011 merger with PartyGaming where Ryan had been Chief Operating Officer since 2008.
“Mr Baca remains a core member of the group’s senior management team and continues to report directly to Norbert Teufelberger, Chief Executive Officer for bwin.party,” read a statement from bwin.party.
bwin.party digital entertainment is best known for its popular PartyCasino.com and PartyPoker.com online gaming brands.
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Foxy Bingo become Super League official Bingo partner
Super League has announced that Foxy Bingo, the UK's top online bingo site, will become the competition's official bingo partner in 2013.
Foxy Bingo, a subsidiary of bwin party digital entertainment plc, who count Real Madrid and Manchester United in their sponsorship portfolio, have signed up as Super League's bingo partner in a multi-year deal.
In addition to more traditional sponsorship rights - including in-stadia perimeter and programme advertising, a television broadcast presence and a high profile on the Super League website - Foxy Bingo will use the new partnership to bring its unique brand of fun directly to Rugby League fans, who share a love of thrilling entertainment.
An extensive programme of community -based activity, involving the much-loved Foxy himself, has been planned to support the partnership and will be rolled-out throughout the season.
Welcoming Foxy Bingo to the competition's growing stable of partners, Super League Commercial Director James Mercer said: "It gives me great pleasure to welcome Foxy Bingo on board as an official partner of Super League for the next three years.
"We look forward to working closely with Foxy Bingo and to developing a partnership which will enhance our successful brands.
"Super League's popularity continues to grow and with Foxy Bingo on board I am sure we will build on our achievements of 2012, when attendances reached an all-time high and more TV viewers than ever before tuned in to see the extraordinary action."
Golan Shaked, Group Director of Bingo at bwin.party said: "We are really excited about our new partnership with Super League. Foxy Bingo is the top UK bingo site spreading the fun and thrill of winning across the nation. These attributes fit perfectly with Rugby League.
"The partnership will be a cornerstone of our campaign to directly engage the Foxy brand with the players who make it such a thriving online bingo community. Eyes down for a thrilling Super League in 2013!"
The partnership with Foxy Bingo is the latest development of a strategy that will see an increasing number of official partners aligned to the Super League competition throughout 2013.
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Gamesys acquires Richard Branson owned Virgin Games to boost gaming and igaming business
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MGM Resorts offers free Wi-Fi service at Las Vegas Strip casinos
Positive predictions from bwin.party
Gamesys acquires Richard Branson owned Virgin Games to boost gaming and igaming business
Gaming Executives join forces to offer operators dynamic new ways to use social media in order to retain and reactivate players
World Series of Poker Asia-Pacific announces 2013 schedule
Barangaroo casino report to stay secret
NSW govt to release casino plan assessment
Las Vegas casino faces $US1m drug sting fine: Australian casinos taking note
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Red Flush Casino Casino La Vida Bingo Australia PartyCasino.com PartyPoker.com World Poker Tour PKR Bingo Australia
Betfair teams up with Crown Casino Aussie Millions
Casinos Gaming Brands Crown Casino Aussie Millions Casinos Casino Advertising Affiliates
Media Man International www.mediamanint.com and Casino News Media with the latest on the casino, gaming and poker world...
Online casino and gaming operator Betfair have inked a deal with Crown Limited to sponsor the 2013 Aussie Millions Poker Championship.
The deal will see Betfair become the presenting partner of the tournament, officially named the Australian Poker Championship. The company's logo will be displayed around the tournament including on the poker tables.
Betfair have slowly but surly increased their focus on their Australian operations since gaining a licence in 2006 and will be using the tournament to increase awareness. The company had previously had success with advertising in sporting grounds but there was recently a clampdown on gambling advertising.
The tournament is run by Crown Limited and is held at their famous casino, Crown Melbourne (formally known as Crown Casino). The company advise that the event is the largest and most prestigious poker tournament in the Southern Hemisphere. The main event is has paid out AU$15 million in prizes to date and will commence on January 17.
Speaking about the deal Betfair Australia's CEO Giles Thompson described the deal as groundbreaking and explained how important it was to the company's operations in the area.
He said: "Betfair has changed the wagering landscape in Australia with its unique betting exchange offering. We see this as an invaluable opportunity to engage Australians on the unparalleled benefits of exchange betting."
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Crown Casino does deal with Betfair...
Betfair has announced that it has signed a lucrative deal with Crown Casino in Melbourne in terms of which Betfair will be the Presenting Partner in the prestigious Aussie Millions which is scheduled to be held at Crown Casino in Melborune, Australia.
Betfair will be allowed to occupy several leading branding positions during the 2013 Aussie Millions which includes each table of play in the tournament area. The tournament is scheduled to commence on Thursday, 17th January, 2012 and will continue until Sunday, 3rd February, 2013. The Aussie Millions is the richest, largest, longest and most prestigious gaming event in the Southern Hemisphere and the Main Event has, since 2003, generated a 10 year total prize pool of AUD$ 52,580,000. The Aussie Millions was also the first to introduce the six figure buy in event to the circuit schedule.
Betfair is the largest betting exchange in the world and has a presence in several jurisdictions which include the United Kingdom, Australia and the United States.
Betfair’s Australian operation is the only licensed betting exchange in the country where the company supports sporting and racing bodies through the payment of product fees and sponsorships.
Greg Hawkins, Chief Executive Officer at Crown Casino, said that they are very excited to announce that Betfair will be the Presenting Partner of the Aussie Millions Poker Championship in January, 2013. Hawkins added that The Aussie Millions is its marquee poker event and that there is fantastic affiliation between these powerful established brands. Hawkins also stated that with sport being a huge part of Australian culture, Betfair’s unique betting exchange will be a wonderful complement to the Aussie Millions as well as to their poker patrons.
Betfair is licensed with the Lotteries and Gambling Authority of Malta.
News...
Betfair signs Aussie Millions sponsorship deal...
Betfair has been unveiled as a presenting partner of the 2013 Aussie Millions Poker Championship which kicks off later this month.
Aussie Millions is a series of poker tournaments held at the Crown Casino in Melbourne, which begins on Thursday January 17th, featuring 26 poker tournaments over 18 consecutive days with buy-ins ranging from AUD$500 to $250,000.
Under the sponsorship agreement, Betfair will occupy a number of premium branding positions, most notably on each table of play during the tournament.
“We are thrilled to announce that Betfair will be the Presenting Partner of the Aussie Millions Poker Championship in January 2013,” said Greg Hawkins, CEO of the Crown Casino. “The Aussie Millions is Crown’s marquee poker event, and there is terrific alignment between these great, established brands. Sport is an enormous part of Australian culture and Betfair’s unique betting exchange is a fantastic complement to the Aussie Millions, and our poker patrons.”
Betfair Australia CEO Giles Thompson said that its ground-breaking partnership with Aussie Millions was an ideal fit for both organisations.
“Betfair has changed the wagering landscape in Australia with its unique betting exchange offering, whilst the Aussie Millions has introduced an innovative tournament which has heightened interest in the game of poker,” said Thompson. “Already Betfair boasts close to four million customers in over 55 countries and we see this as an invaluable opportunity to engage Australians on the unparalleled benefits of exchange betting.”
A total prize pool of more than $20m is expected to be generated from all of the Aussie Millions events, with the $10,600 main event, won last year by Australian poker pro Oliver Speidel, beginning on Sunday January 27th and reaching its final table on Saturday February 2nd.
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Casino News Media Blog: SEO, Search Engines, Hunt Machine on the web and more; Gonzo news for business
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SEO, Search Engines, Hunt Machine on the web and more; Gonzo news for business
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When it comes to Statistics, The first five Google quests on the first runner account for 67.60, while only 0.78 of Google quest click on the alternate runner. 70 of the marketers consider SEO more effective than PPC for generating deals. 51 of shoppers surveyed say they use Google to probe a purchase they plan to make online. These are a many statistics to punctuate the significance of SEO in 2021.
An effective SEO strategy can help the runner rank advanced and reach the right followership and increase website business when it comes to businesses. It can also help in getting transformations. Readout why SEO is important for businesses in 2021.
1. Increases visibility of a website
SEO, when done right, can help businesses increase their visibility on the website. It’s the direct motorist of bettered visibility and prints in the hunt results. Using the right keywords, adding backlinks from high sphere authority websites, optimizing metadata on the point, and participating unique content are among the many factors that can help the point increase visibility. SEO facilitates crawling and indexing, which helps in adding the visibility of a website.
2. Increases website business
Organic hunt is pivotal to a business. Search Machines contribute to a business’s visibility, and SEO can help druggies land to the point. SEO builds an online presence, increases website business, and helps the business to grow. The advanced the website ranks, the further business the business shall admit. The first Google hunt result has a28.5 click- through rate which falls down to2.5 for the tenth hunt result.
3. Enhances stoner trust on website
SEO establishes the authority of content on the hunt machine by admitting parameters like unique content, quality backlinks, advanced runner ranking, and stoner geste, which enhances stoner trust in the website. spots that are listed on the hunt machine are considered believable than the runners that are n’t. Quality SEO helps establish business credibility, gives exposure, and enhances its character.
4. This leads to a better consumer experience of the website.
SEO can help in perfecting the consumer experience and furnishing quality content to the consumers. It makes the content dependable through quality backlinks and the right keywords. SEO helps search machines in relating the right spots that are helpful to the stoner. Website speed is another criterion that plays an important part. A slow website will have a high brio and tends to distort the stoner experience.
5. Search Machines aren’t perfect, and if you do n’t take applicable way, your website will be ranked lower.
Hunt Machines need or, as we call, colorful conditions to identify point applicability. SEO enables the hunt machine to effectively judge its applicability and show the same in the hunt results. The better these conditions are satisfied, the advanced the runner ranks, which can help the business get website business, make credibility, and lead to transformations.
6. High website business would lead to advanced transformations.
Transformations can be appertained to the asked thing the point or business has. That can be enabling deals, subscribing to a service, adding readership, etc. Quality SEO promotes high website business which in turn leads to advanced transformations. High-engaging websites are bound to get a better conversion as they can gather maximum eyeballs.
Conclusion
SEO has come a critical element to the online success of businesses. Businesses who want to make sure of their strong online presence need to invest in SEO.
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