Monday, January 3, 2011

Australia's Original Gambling And Media Tycoon Kerry Packer Taxing Issue, by Greg Tingle - 3rd January 2011

G'day punters, casino and gambling millionaires and billionaires, media magnates, journalists, legal eagles, Big Brother...one and all. Yes, today we bring you a special Kerry Packer tax history special. The legend lives on, but today its not a Kerry Packer artistic endeavor. No, that was last month. We're on the hard nosed issue of tax and political 'fun and games'. There's also a tie in with the Costigan Commission. No, different "Costigan" that the one most readers will be familiar with! In the meantime 'Our James' (James Packer) continues to fly the flag and do the family legacy proud with his Crown Limited empire. Media Man and Gambling911 present The Kerry Packer taxing report...

The senior legal eagle, a barrister no less, who assisted the Costigan royal commission has now revealed that apparently a 'brief for prosecution' was at the ready to fire all guns blazing against Kerry Packer for tax evasion.

Could this all just be an attempt at positive PR for the Australian Tax Office and the Aussie government in general? Folks, you will just have to keep reading won't you, and after that you might be in the mood to spin to win on Cleo or The Godfather hey.

Three wise men...yes, three of the senior barristers aka 'wigs' recommended prosecution. Were they just trying to get even on a "rich bastard"? (KP).

Speaking to the hard core release of the said documents relating to the establishment of the Painters and Dockers royal commission some 3 decades ago, Doug Meagher QC (Queens Council) told Rupert Murdoch's News Limited "I had no doubt that the allegations against Packer called for very serious investigation. Very much so."

It was on site at KP's state memorial service at the Sydney Opera House in 2006, his son, James, described the Costigan commission as the darkest chapter in his father's life. His father had never forgiven Costigan and "nor could we".

The quite public slanging match and occasional war of worlds, with a dash of media war, has survived the death of both Packer, in December 2005, and Costigan, in April 2009.

Meagher has now disclosed that briefs for prosecution were prepared against Packer in relation to tax evasion after the commission was closed and what would have seemed to be dead and buried, so to speak.

Costigan had told him 3 "very senior counsel" based in 'Sin City' Sydney "each looked at them independently and recommended prosecution, but it didn't occur".

"Packer was a man of great influence," Meagher said. "He wasn't cleared. Not at all."

After JP (James Packer) attacked Costigan, Meagher advised him against responding. "I certainly wouldn't have. I would have just ignored the attack."

The quite sensational allegations were the gold nuggets in a report for the incoming National Crime Authority circa 1984, in which Costigan provided case summaries of many, perhaps dozens we understand, incomplete investigations, code-naming the targets!

One concerned Packer, code-named the Squirrel. It linked Australia's richest man to tax evasion, drug trafficking, pornography and a murder.

The sensational report was leaked to the now defunct Fairfax owned National Times, which published it in full in September 1984, only changing the code-name to "the Goanna" (no, not squirrel). Oh, animal lovers, do check out our feature on gambling animals, birds and other wildlife from the past few months, but on with the story at hand.

It was under massive speculation, Packer identified himself as "the Goanna" and his lawyer, a young Malcolm 'No Bull' Turnbull, wrote up an 8000-word public denial, naming the "gutter allegations" as "grotesque, ludicrous and malicious".

KP had become a prime target with neon bulls eye of the commission in October 1983 over $225,000 grand he had secured from Surfers Paradise property developer tycoon Brian 'Rich' Ray some 3 years prior.

Ray had caught a flight to 'Sin' Sydney to hand Packer a modest $50,000 grand in hold hard cash, while his biz partner Ian Beames had dropped off payments of $100,000 grand and another $75k. Pretty fantastic hey.

Packer later advised the commission he'd had a quite a bad day at the races and Ray, who at the time was in a bankruptcy arrangement with his creditors, had offered to lend him the money.

Quizzed why he wanted it in cash, Packer replied..."I wanted it in cash because I like cash. I have a squirrel-like mentality."

Ray and Beames were later charged, along with a number others, of conspiring to defraud the commonwealth of $16 mill in so called "bottom of the harbour" tax schemes, Australia's biggest tax evasion racket in history. Beames pleaded guilty. Ray, who died in a plane crash in July 2005, was acquitted in March 1987.

He celebrated and threw a hell of a party on the Gold Coast attended by the whose who...Queensland premier Joh Bjelke-Petersen, businessman John 'Singo' Singleton and Kerry Packer, where Sir Joh wanted folks to know his thoughts with his announcement "I have always been proud to have Brian as a friend and to know he is on my team."

Federal attorney-general Lionel Bowen told the parliament there was no basis to justify any charges against Packer, who was "entitled to be regarded by his fellow citizens as unsullied by the allegations and insinuations which have been made against him".

A touch odd, the Fraser government established the Costigan commission after a series of articles about murders on the Sydney waterfront in Packer's now defunct ACP (Australian Consolidated Press) magazine The Bulletin aka 'The Bully', and a tad of extra coverage in Playboy. Well, they say folks buy it for the articles, and maybe they are right.

Folks, stay tuned for more on the life of times of the late, great, Kerry Packer. Hell of a nice and smart bloke our late mate Tim 'Earthquake' Bristow told me, but as they say, "dead men don't tell tales". We know you'll be glued to this dial as more of the 'Real Life Underbelly' true tales of 'Sin City' Sydney continue to be dug up.

Media Man Profiles

Kerry Packer

James Packer

Tim Bristow

Australia

Australia Casinos

Cricket

Movies

Crown Casino

Politics

Broadcasting

Television

Media Companies

Australian Sports

News

Casino News

Entertainment News

Media News

Technology News

Sports News

News

Wrap Up...

Readers... er, punters, how did you like The Kerry Packer Tax Special? Tell us in the forum.

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

*Greg Tingle is a special contributor for Gambling911

*Media Man http://www.mediamanint.com is primarily a media, publicity and internet portal development company. They cover a dozen industry sectors including gaming and offer political commentary and analysis.

*The writer owns shares in Crown Limited

Website Network

Media Man International

Media Man

Media Man Australia

Media Man Asia

Media Man Canada

Media Man Games

Media Man Brand

Media Man Network

Casino News Media

Poker News Media

Global Gaming Directory

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

PartyCasino.com Wins Media Man Online Casino Award

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

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

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

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

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

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

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

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

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

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

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

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

Websites

PartyCasino.com

PartyPoker.com

World Poker Tour Casino

Profiles

PartyGaming PartyCasino PartyPoker PartyBingo Circus PartyCasino Marvel Slots The Big One Melon Madness Casino World Poker Tour PartyCasino Promotions

PartyGaming and bwin to Retain Brands Following Merger

Profiles

PartyGaming PartyCasino.com PartyPoker.com Bwin PartyBingo.com World Poker Tour

Websites

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

In recent days, PartyGaming and bwin announced merger plans to form a giant gambling group that could become effective toward the end of the first quarter of 2011. The merger, which had long been rumored before the companies signed an implementation agreement in July, is expected to create the world’s largest listed online gambling business.

The new company will operate worldwide with its existing brands under the name of bwin.party Digital Entertainment plc in which current bwin shareholders will hold a 51.6% stake, while current PartyGaming shareholders will hold 48.4%. Both bwin and PartyGaming will retain most of the core of their brands, but will be operated under the new umbrella company, which will be based in Gibraltar and listed on the London Stock Exchange. PartyGaming will keep its main headquarters in Gibraltar, while bwin will continue to operate from Austria.

The companies issued a 478-page document to shareholders on Thursday giving a detailed outline of the planned merger. Shareholders will vote on the merger at a joint annual general meeting on January 28th. Should the general meetings of both bwin and PartyGaming approve the merger, all shareholders holding bwin stock when the merger is effective will receive 12.23 PartyGaming shares denominated in GBP for each bwin share.

“The online gaming industry is going through a phase of consolidation, making market players’ size and geographic diversification more crucial than ever,” said Norbert Teufelberger, Co-CEO of bwin. “Our products and target markets complement one another perfectly, and we can continue to expand our technology lead in all key product segments: sports betting, poker, casino, bingo, and games.”

According to the document, the merger would create a business with unaudited net revenues of €696.2 million, unaudited clean EBITDA of €193.7 million, unaudited profit after tax of €99.4 million, and unaudited net assets of €1.27 billion after consolidation adjustments for the year 2009.

Jim Ryan, Chief Executive Office of Party Gaming, will join Teufelberger to become Co-Chief Executives of the merged company. Current bwin Co-Chief Executive Manfred Bodner will become a Non-Executive Director on the Board of the enlarged group. Said Ryan, “This is a transformational opportunity for both our companies to create the world’s largest listed online gaming business. With market-leading positions in poker, sports betting, casino, and games, the enlarged group will have a winning formula to exploit the growing online gaming market, supported by a strong balance sheet, significant cash flow generation, and a highly experienced management team.”

The merged company will continue to focus on business-to-consumer products, an area in which it enjoys considerable strength. However, because of the financial gains added through the merger, the company will also encroach into business-to-business and business-to-government endeavors. Teufelberger explained, “Our many years of online know-how, healthy balance sheet, and one of the largest pools of poker liquidity in any regulated market will make us an attractive business partner.”

There will also be focus on regulated and newly opened markets, as the company intends to make plans to enter the U.S. market if and when the current situation changes for the better. In 2006, bwin stopped taking bets from U.S. residents due to the passage of the Unlawful Internet Gambling Enforcement Act (UIGEA). PartyGaming, which operates the popular online poker room PartyPoker, followed shortly thereafter. (Credit: Poker News Daily)

Profiles

PartyGaming

PartyCasino.com

PartyPoker.com

PartyBingo.com

PartyGammon.com

PartyBets.com

GameBookers.com

FoxyBingo.com

Bwin

Cashcade

World Poker Tour

Website Network

Media Man International

Media Man

Media Man Australia

Media Man Asia

Media Man Canada

Media Man Games

Media Man Brand

Media Man Network

Casino News Media

Poker News Media

Global Gaming Directory

Casino News Media Website Network Updated

Website Network

Media Man International

Media Man

Media Man Australia

Media Man Asia

Media Man Canada

Media Man Games

Media Man Brand

Media Man Network

Casino News Media

Poker News Media

Global Gaming Directory

Sunday, January 2, 2011

Australian Land Based Casinos: Best In World?, by Greg Tingle - 2nd January 2011

Happy New Year everyone. Starting the new year off right we thought we would revisit the Australian land based casino scene. Last year the Aussie casinos were a huge source of news and gossip for us, and who can forget the world famous Australian casino wars (still raging), with James Packer's Crown Casino VS Tabcorp's Star City still being the main event. Revamps worth close to a million dollars are still a major point as the battle for high roller super whales, dolphins and the entertainment and tourism dollar continues and now security, "biometrics" and government deals are stealing some of the spotlight. Media Man and Gambling911 take you on a journey to the Australian land based casinos, 'Casino Jack' style...

Australia is still home to some of the world's great casinos, hotels and resorts (and pokie palaces).

While the land down under has over a dozen land based casinos, there's only three that both rate highly and grab the majority of headlines on a global stage. Enter James Packer's Crown Casino in Melbourne, Tabcorp's Star City in Sydney, and Jupiters Hotel & Casino on the Gold Coast.

Mind you, Casino Canberra, Cairns' Reef Hotel and Casino and Perth's Burswood Entertainment Complex have been making a lot of noise recently, but its really a battle between the 'big two'.

Media Man and Gambling911 have readjusted our eye in the sky and further looked at the landscape of the Aussie land based casino sector, and let us tell you maties... its a you beaut and fair dinkim!

Readers will be aware that there's quite a "casino war" in the land of kangaroos, koalas and goannas. You would have to be Blind Freddy not to know about the ultra competitive showdown (and hunt for whales and dolphins) between Packer's Crown Casino down south and Tabcorp's Star City in 'Sin City' Sydney.

Crown Casino and Star City are following the global trend, largely driven forward from Las Vegas, Macau and the Philippines, of offering a total entertainment experience... not just gambling... you know, slots, poker, table games and the like. Whales aka high-rollers, have also demanded the changing face of the sector. Don't get us wrong, the gambling aspect remains vital to the business model and to the punters, but for a variety of reasons Australian casino kings have employed a more holistic model. The reasons include being more government friendly, legal eagle elements and complimenting the larger casino, entertainment and lifestyle sector. Crowns' James Packer won last year's Media Man 'Australian Casino Entrepreneur Of The Year' award, and his casino won the Australian land based casino award. Gossip And News: Opening Aussie batsman Phil Hughes has been slammed for attending a function hours before play on Boxing Day. Hughes, who opened the batting at the MCG and was dismissed for just 16, attended the Shane Warne Foundation breakfast at Crown casino along with vice-captain Michael Clarke. "It's one of the most disgraceful things I've ever heard," said fiery former Australian Test star Rodney Hogg. "You've got the opportunity to come back in, you're going to be in front of 80,000 people. "You should get out of bed, have your breakfast and do your normal preparation. "You don't run off to those sorts of mornings. Even though he's young, the fact is it probably makes him a little more apprehensive and a bit more nervous (about the Test match) after going and doing that sort of thing. "It's not a normal morning's preparation for him." Clarke, who is close mates with Warne, was joined by sporting stars Billy Brownless, Aaron Hamill, Mark Taylor and Ian Healy at the breakfast. The two Australian players were interviewed briefly by Warne around 7.30am before they returned to their nearby Quay West hotel.

Some of the ramped up services and offerings as part of the industry development include but are not limited to:

Entertainment complex upgrades (including securing more world class acts, more often, to attract the crowds and keep all clients and business partners happy)
Hotel suite refurbishments
Private gambling room upgrades for high rolling VIP's
Sports bar upgrades
Enhanced security - technology and more staff
Gulf Stream Jets aka Lear Jets for international high rollers in a hurry and who demand and casino afford the best

Aussie Casino News Bytes

Crown Casino: Hosted a number of players from the Australian Cricket Team recently, just as The Ashes were on the way. Packer's midis touch didn't help Clarke's and Ponting's luck on the field unfortunately. Crown Casino will host the world famous 'Aussie Millions' Poker Championship this January, and already a number of online poker rooms are holding satellite qualifiers and the like. Media Man insiders reckon that many folks want another guest or journo of Crown hosted TV Logies awards to be fired for misconduct again this year, for Twitting journos and comedians out there, be careful you hear us now. Crown Casino is continuing to upgrade their website which is a very smart move in the currently environment. Management in regular contact with sister casinos, City of Dreams Macau and Altira Macau. 100s more staff to be employed, some of which under the GenerationOne employment initiative, dedicated to helping get Indigenous Australians back into the workforce. Up to $500,000 being spent on major upgrades in the next few years.

Crown Casino Entertainment:

Burlesque Royale
28 January 2011

Choirboys – Never Gonna Die 30th Anniversary Tour
29 January 2011
Making their return this summer for what will be the sure-fire summer tour of 2011

Freddie Mercury - Let Me Entertain You
4 - 5 February 2011
It's Queen, sort of!

I Can’t Believe it’s not COUNTDOWN, It’s a Musical Comedy
10 – 19 February 2011
Don’t miss a night of reminiscing, laughter, music, big hair and shameless parodies.


Star City: Has expanded their budget by another $100,000 or so. Total budget for upgrade is now very close to $1 million dollars! Is ordering a few more Lear Jets to help better compete with Crown Casino. Upgraded website. Did get Oprah Winfrey, Bob Geldof and Bon Jovi late last year, so they are doing something right, or maybe just have friends in high places. World class sports bar and entertainment amenities. They are right on side with the NSW Labor government, so give the devils their due. Star City was awards last year's runner Media Man 'Australian Land Based Casino' award. Gossip And News: A beer loving poker player used his "poker face" to fool Star City Casino staff into serving him 42 beers in a single 17-hour sitting. The unnamed gambler put in a marathon innings, downing five beers every two hours. Three waiters were happy to oblige the cashed-up player with as many drinks as he requested and failed to keep track of the seriously high level of alcohol the man was ingesting as he sat at the same card table in the main gaming floor from 2.30am. It was not until the card table closed at 7am that Star City staff realised the man was wildly intoxicated. "He didn't appear to be steady on his feet. He was dozing off at the table and the manager had to help him collect his chips so he could cash them in," bar waiter Helen Mikhael-Ghanime, who was sacked for her role in serving the man 15 beers in seven hours, said. The casino will be careful to to make the same mistake again. Generally not good for PR and this sort of thing attracts heavy fines. The casino authority said the $10,000 fine had been reduced because of Star City's otherwise good record in dealing with drunken gamblers. It evicted 6717 intoxicated patrons in 2008. "[The authority] considers this matter to be a serious breach of Star City's responsible service of alcohol obligations," the authority said to Star City. "In determining the pecuniary penalty, due consideration was given to Star City's record in relation to the responsible service of alcohol and the action taken to prevent similar incidents in the future."

Entertainment At Star City:

DOCTOR ZHIVAGO
Don't miss this explosive new musical romance at the Lyric Theatre from 11 February 2011.

MUSIC OF ANDREW LLOYD WEBBER
A new theatrical event featuring Andrew Lloyd Webber's most timeless songs performed by the current stars of Australian musical theatre.


Jupiters Gold Coast: Upgraded their poker room to the tune of a few hundred thousand dollars. Is trying to live down the story that they are Australia's 'most dangerous casino', and is beefing up security. Jupiters is nearby to the beaches where major surfing competitions take place annually. Dreamworld (Hollywood On The Gold Coast) is only a short drive away from the casino. Upgraded website. Recent management shake up, all the way up to director level. Should be strong year for them.

Burswood Entertainment Complex: Upgraded security. Burswood is known to put on fantastic community fundraisers. American pro wrestling legend Hulk Hogan drew a massive crowd at Burswood late last year for his charity work with the Make-A-Wish Foundation. Virgin's Richard Branson has also done some impressive fundraising on site. Branson's Virgin Games (not available in Australia) remains keen to expand the gaming globally, and perhaps his face to face meetings with the media and political savvy Aussie Casino king, James Packer, won't go astray. Security has been beefed up yet again and more world class acts continue to get booked.

Casino Canberra: Galaxy Nightclub - Canberra's hottest nightclub opens from 9pm every Saturday with the beats of the 70's and the best of the 80's. Come and hear the soundtrack of our lives. Galaxy has a NO GLASS policy! Is currently pushing to get 200 pokies to help kick business along.

The Reef Hotel Casino: This is like paradise. One of Australia's most beautiful and scenic casinos. Claymore, a hot Celtic band brought in the new year for our friends.

Lasseters Hotel Casino: If your in that neck of the woods checking out Outback nature, you need to step in and play Cleo, and why not stay the night to see if you "get lucky". Then enjoy a breakfast of champions as your journey continues. Oh, a Slots Tournament every Tuesday night You've got to spin to win!

Australian Casino Directory List

New South Wales
Star City Casino (Sydney)

Victoria
Crown Casino (Melbourne)

Queensland
Conrad Treasury Casino (Brisbane)
Jupiters Hotel & Casino (Gold Coast)
Jupiters Townsville Casino (Townsville)
The Reef Hotel Casino (Cairns)

South Australia
Skycity Adelaide (Adelaide)

Western Australia
Burswood Entertainment Complex aka Burswood Casino (Perth)

Tasmania
Wrest Point Hotel Casino (Hobart)
Country Club Casino (Launceston)

Australian Capital Territory
Casino Canberra (Canberra)

Northern Territory
Lasseters Hotel Casino (Alice Springs)
Skycity Darwin (formerly MGM Grand Casino) (Darwin)

Media Man International Profile On Australia
http://www.mediamanint.com/profiles/australia.html


Online Casinos, Online Poker and Sports Betting

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

PartyCasino.com

Captain Cooks Casino

Betfair (sports betting only)

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

Profiles

Australian Casinos

World Casino Directory

Global Gaming Directory

Casino Travel

Casinos

Australia

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

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

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

Know the odds, set limits and have fun.

*Greg Tingle is a special contributor for Gambling911

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

*The writer owns shares in Crown Limited

Website Network

Media Man International

Media Man

Media Man Australia

Media Man Asia

Media Man Canada

Media Man Games

Media Man Brand

Media Man Network

Casino News Media

Poker News Media

Global Gaming Directory

Casino News Media Website Network Updated

Website Network

Media Man International

Media Man

Media Man Australia

Media Man Asia

Media Man Canada

Media Man Games

Media Man Brand

Media Man Network

Casino News Media

Poker News Media

Global Gaming Directory

Saturday, January 1, 2011

Gibraltar Raises Taxes on Online Gambling Companies

Profiles

PartyGaming PartyCasino.com PartyPoker.com Bwin PartyBingo.com World Poker Tour
Britain
Gibraltar

Websites

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

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

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

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

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

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

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

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

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

Profiles

PartyGaming

PartyCasino.com

PartyPoker.com

PartyBingo.com

PartyGammon.com

PartyBets.com

GameBookers.com

FoxyBingo.com

Bwin

Cashcade

World Poker Tour

Politics

Britain

Gibraltar

News

News

Casino News

Poker News

Gambling News

Entertainment News

Property News

Technology News

Financial News

Website Network

Media Man International

Media Man

Media Man Australia

Media Man Asia

Media Man Canada

Media Man Games

Media Man Brand

Media Man Network

Casino News Media

Poker News Media

Global Gaming Directory

Australian Underbelly History; Anti Pokies Song, by Greg Tingle - 31st December 2010

Happy New Year punters, casino and gambling millionaires, billionaires, entertainment news junkies, insiders, outsiders, politicians, journalists and everyone else. We've started off with a bang tracking the history of real life 'Underbelly' in 'Sin City' Sydney and well as even getting a bit of a scoop on an anti pokies song by one of Australia's foremost musicians. Media Man and Gambling911 help you get the new year started right with some fair dinkum Aussie fodder from the land down under...

Real Life Underbelly: A Dark Side Of Australia's History To Be Jackpot For Network Nine...

Crime TV fans and gambling nuts have been calling on it for about a year now, but they won't have to wait much longer - more 'Underbelly' TV is about to hit, and it even includes some of the glory days from circa 1920, including a few of the vice queens, casino queens, poker queen bees, and you get the idea.

You might have heard of the Roberta Williams babe of the crime scene in Melbourne, but they were many more female vice types before she become a household name in Australia a couple of years ago.

Lovers of femme fatale are going to wet themselves as they check out Sydney's famed "vice queens" Tilly Devine and Kate Leigh.

Production is set to rock n roll on Underbelly: Razor in January (2011 - that's right). These vice babes were running the dark side of 'Sin City' Sydney for over four decades.

You will love the costume make ups with fur coats, gold, diamonds, cash filled pockets, and are you getting the picture folks. Devine and Leigh wrestled with the biggest, baddest and most cunning (so to speak) for domination of the mean streets of 'Sin City' Sydney, with hit men and bodyguards, cloak and dagger types ready to risk there balls er lives... for the women they served, morning, noon at night.

The casting for the 4th version of 'Underbelly' is set to start in roughly a week and the gig has a track record of making stars of those who appear, so ladies (and gents), find your inner gangster and give it your best shot. The bloke who have done well in recent history including Gyton Grantley (as Carl Williams), Firass Dirani (as John Ibrahim) and Media Man's own John 'Vulcan' Seru as 'Kiwi Steve.

#4 will be primarily based on the book Razor by well respected writer Larry Writer. As the name suggests it will cover in graphic detail that "razor gang feuds" that hit Sydney's Kings Cross, Darlinghurst, and Surry Hills, with the occasional odd job ending up at Bondi Beach, Maroubra Beach, Palm Beach and wherever else a car boot load sometimes took the bodies.

The razor gangs got their title after pistol licensing laws saw jail terms com in for concealing a gun, so criminal types made the switcharoo to carrying blades.

Brothels were a great starting point for Devine whose establishments did a roaring trade. Palmer Street, Darlinghurst, was HQ for the sex and hubby "Big Jim" working out of the Tradesman's Arms, a notorious "bloodhouse" these days trading as the hip East Village pub.

Leigh, of Devonshire St, Surry Hills, cemented her rep the queen be of sly (illegal) drink. Illegal, because after 6pm the law said no to legal sales, but that's when she made a killing... when people wanted it, and would pay well for their vice.

Now get this. A punter could gain entry to her drinking pots by popping the question "Oh, is Mum in?".

Devine got arrested at least 204 times and the story goes Leigh ordered the murder of countless rivals.

Birdies tell us the TV drama will build towards their most violent war...a riot that ran rough shot over Kellett St, Kings Cross on the 9th August 1929.

The TV series is predicted to surge a new interest in their underworld parts, and cool Darlinghurst wine bar Love, Tilly Devine looks poised to cash in on publicity, financially, or both.

Casino Canberra Wants Bigger and Better Pokie Deal...

Casino Canberra is making more noise about wanting its Xmas wish of 200 poker machines, with their marketing director Peter Cursley going on record with the region top getting "hung up" on numbers. The ACT has more one armed bandits per head of population than any other Australian state or territory. They are king! A report by the Gambling and Racing Commish found the number of ACT adults participating in gambling had dropped from 72.9% in 2001 to 69.8% in 2009. The number who played pokies dropped from 38.1p% in 2001 to 30.2%. Pokies remain a game of preference for punters young and old, both in land based venues and online. When Casino Canberra opened for business two decades ago, it apparently did so on the understanding that it operate no machines, and be the only casino in Australia not to operate them. Cursley advised this provision became "redundant from day one". We are yet to get to the bottom of this but are investigating further. In its submission to the ACT Government's tax review, the casino said it desired to utilize machine licences held by the Government in surplus. Now, just 3 weeks back, Gaming and Racing Minister Andrew Barr announced he would remove those licences from circulation in a bid to further curb problem gambling. "The bottom line is we want 200 machines and we're prepared to pay," Cursley said. "We don't care where they come from." He said valuable business opportunities were being lost by the long-term ban on poker machines at the venue. It's a move and public stance bound to add fuel to the fire re anti-gambling groups, the casino says the arrangement would benefit the community, contributing $10 million in one-off licence fee revenue to the Government. It would in addition contribute 30% in gross gaming revenue tax, which would deliver an annual revenue stream of about $4 million to the ACT Government. The casino was also prepared to go on record that it would employ 20 new staff members which would contribute roughly $60,000 in payroll tax to the Government's account each year. Will money talk, as the AC/DC song goes? Cleopatra, Sinatra, Monopoly Black Rhino, Where's The Gold, Top Gun and Mission: Impossible are understood to be some of the pokie titles Casino Canberra is keen to get its hands on.

Aussie Singer-Songwriter Legend Tim Freedman to Perform Anti-Pokie Anthem Number; Government Plays Emotive Card...

The Whitlams front man Tim Freedman enjoys performing in Canberra, a pokie hotspot from way back when. Freedman wrote the smash hit 'Blow Up The Pokies' in response to a mates gambling problem and says the Federal Government is finally moving forward on the case of gambling addiction in Australia.

Last night Australian fans got to enjoy 2 x 45-minute sets featuring a medley of the band's best loved songs, including the anti-gambling anthem. Civic Square was the stage to add an interesting x factor into the Government's campaign. Freedman advised the band would time the last song of the last set to segue into a fireworks display... you know, New Years Eva and all.

The singer-songwriter was pretty surprised to learn the ACT beat NSW for the highest number of pokies machines per capita. The ACT has all told 5155 gaming machines - that's one pokie for every 68 people! The Aussie average is 1 machine for every 110 folks.

The performer was happy to share some of his thoughts on pokies..."The clubs jumping up and down about gamblers presetting their gambling limits is ridiculous. I agree with the new proposals, in that they are not affecting the recreational gambler. I personally don't think they are going far enough, but at least they are going in the right direction."

But Freedman is dismissive of his anti-pokies message.

"I just wrote the song. I haven't been involved in the front line battle like Senator Nick Xenophon, he's done the hard yards I just wrote a few rhyming couplets about 12 years ago."

Folks, its going to be interesting to see how the clubs VS Australian government pokies war plays out. So, 'Mr X' now has a performing artist on side. Might Clubs Australia and Clubs NSW play the same card, or opt for something a tad more wild. We say expect the unexpected, and a good does of people power.

Awards...

Last month was a big month for casino awards also. Let's have a look...

PartyGaming's PartyCasino has also come back with seconds, picking up another Media Man 'Online Casino Of The Month Award' for December, and also the parent company, PartyGaming, picked up the prestigious EGR Slots Operator Of The Year Award ...Some other top picks of ours who picked up awards at the EGR night of nights were:
Virgin Games (Affiliate Programme)
Betfair (Innovation, Mobile Operator and UK Sports Betting Operator)
Bwin (European Sports Betting Operator
PKR (Poker Operator)

Oh, we almost forgot...Media Man and Casino News Media 'Casino Babe Of The Month': Jenny Woo, 'Poker Babe': Kara Scott, 'Gambling Babe Personality': Paris Hilton.

Media Man Profiles

Australia

Australia Casinos

Cricket

Movies

Crown Casino

Jupiters Hotel and Casino

Tabcorp Holdings

SkyCity Entertainment Group

Politics

Broadcasting

Television

Media Companies

Australian Sports

News

Casino News

Entertainment News

Media News

Technology News

Sports News

News

Wrap Up...

Readers... er, punters, how did you like our report? How did you see in the new year? Tell us in the forum.

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

*Greg Tingle is a special contributor for Gambling911

*Media Man http://www.mediamanint.com is primarily a media, publicity and internet portal development company. They cover a dozen industry sectors including gaming and offer political commentary and analysis.

Website Network

Media Man International

Media Man

Media Man Australia

Media Man Asia

Media Man Canada

Media Man Games

Media Man Brand

Media Man Network

Casino News Media

Poker News Media

Global Gaming Directory