Thursday, September 16, 2010

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Tuesday, September 14, 2010

Australian Gambling Entrepreneur Daniel Tzvetkoff Bailed From Jail, by Greg Tingle - 14th September 2010

The Australian gambling, gaming and casino sector remains on red alert with the release from jail of Aussie gambling and technology sector tycoon, Daniel 'Transactions' (Media Man tag) Tzvetkoff. Media Man and Gambling911 continue to keep you informed with the news you need to know...

The once ultra successful Australian gambling and tech tycoon Daniel Tzvetkoff has been released on bail from a New York remand centre in a deal those close are calling "secret".

The whiz kid wunderkind Gold Coast entrepreneur was freed post closed hearing before a federal magistrate.

Rupert Murdoch's News Limited papers learned he entered a plea deal to a serious criminal charge back on on 23rd August. Time flies when your having fun - not.

The ugly details do not appear on official public records, which could very well suggest he is co-operating with prosecutors who are enjoying their "crackdown" on "illegal online gambling".

Specialist legal eagles have been busy in and around the sector for a number of years with clients including names such as PartyGaming, Virgin Games, PokerStars, World Poker Tour, Harrah's Entertainment, Station Casinos, Full Tilt Poker, 888 and even Media Man.

The now bankrupt Tzvetkoff, who once amassed a $82 million or so fortune, had been charged with money laundering, conspiracy to launder, fraud and conspiracy to defraud. No readers, no murder or manslaughter chargers. We're just checking if your still awake and with us on this.

The numerous charges relate to more than half a billion dollars worth of "transactions" he processed from allegedly illegal online gaming sites in the US. The rumour mill says those sites include PokerStars and Full Tilt Poker, with some suggestion Bodog may be linked into the Pandora's box. On the other hand, world's leading igaming company, PartyGaming, came to terms with the United States Department of Justice in a multi million dollar deal, and is currently looking to re enter the lucrative U.S market.

The 27-year-old was known to be quite the showoff - look at me type, with fancy and loud cars, boats, waterfront mansion at Surfers' Paradise, an interest in motorsport and all sorts of other big boys toys.

His fiancee had a child in Australia, which Daniel was not able to watch mature, due to his incarceration.

Tzvetkoff was arrested in down town Las Vegas back in April, thanks to a tip off from pissed off folks owned big money, and later denied bail by a New York federal judge who thought he had hidden lots of moolah to finance an escape from the US once free. Sort of like 'Catch Me If You Can', but in real life.

The US Bureau of Prisons advised he was no longer locked up and probation officials confirmed he had been bailed leading up to his trial, which is scheduled for June next year. The trail will be must watch material for anyone who has an interest in the igaming, gambling or larger technology sector.

"He was released on bail on that date (August 23)," said a spokesman, though the US Department of Justice would not confirm the development.

Tzvetkoff's bail terms are likely to involve GPS monitoring and house arrest, restrictions his lawyers suggested in his prior bail application. He likely has an unwanted anklet - chain around his ankle, and if not there, wrist or neck.

The once wunderkind who used to fly by private jet... understood without alerting US Customs officials as required by law...is also extremely likely to have forfeited his passport.

The US Attorney's Office is cracking down on some online gaming firms in the US, but appears to be picking its targets strategically.

In other legal news, Canadian Douglas 'Rip Off' (MM tag) Rennick, of Vancouver, is to be sentenced this month for assisting illegal gaming operations by moving $US350 million ($375 million) into the US from gambling hub Cyprus.

UK's BetonSports chief David Carruthers was arrested as he tried to leave the US for Costa Rica in 2006. Yep, his winning streak came to an abrupt halt. He was locked up for 33 months after pleading guilty to conspiracy to violate anti-racketeering laws.

At the time of publication Tzvetkoff's lawyer had not return calls.

Tzvetkoff's apprenticeship in the tech sector included processing large amounts of money via transactions that were riding off the back of the lucrative porn industry.

Media Man and Gambling911 have thought up a new theme song for 'Our Daniels' upcoming media appearances' - JAILBREAK, by legendary Aussie rockers AD/CD. After further discussion a back up track was selected - JOHNNY B. GOOD. Punters, a friendly reminder - If betting, bet with your head, not over it, keep it legal, 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. They cover a dozen industry sectors including gaming.

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Thursday, September 09, 2010

Australian Casino Wars: Casino Strike Action!, by Greg Tingle - 9th September 2010

Australian and international pundits... you want casino and gambling action and news? Here it is maties. The world famous Australian Casino Wars continue to generate heat and excitement around the world. It's not only the main two players in Australia - James Packer owned Crown Casino and Tabcorp owned Star City Casino, but now almost certain strike action from the staff is on the cards. Rampant rumours suggest that another "strike" or two is also possible, but that may be jumping the gun! Media Man and Gambling911 don the bullet proof vests and grab the baton and plastic handcuffs. It's lights, cameras, action, strike!...

Crown Casino Workers To Strike; Rumours - Star City Casino And Others May Follow Trend...

Australian land based casinos can still operate in times of strike action, which is a very good thing for the powers that be at Crown Casino (and potentially a number of others).

Crown Limited is one of the biggest employers of Melbourne - ites - (for the moment). Let us also not forget that Crown are also a major supporter of our friend (and maybe yours) Andrew "Twiggy" Forrest.

Multiple thousands of workers at Crown Casino will likely be on strike during this year's Spring Racing Carnival as part of a significant industrial campaign for better pay, and perhaps conditions.

Crown staff will vote on the possible strike action in the coming weeks after Fair Work Australia approved the ballot. Insiders are hoping they don't get the equivalent of a hung Parliament, which was the state of Australia's senate for roughly 2 weeks, before Julia Gillard was reappointed the Prime Ministership.

Staffers are seeking out a 13.5% pay rise over three years and have flat out rejected Crown's 11% offer.

The LHMU (Liquor Hospitality and Miscellaneous Union) state secretary Jess 'Witty' (Media Man tag) Walsh said Crown Limited had posted a sizable $300 million profit and could afford the increase.

She advised any strike action would involve dealers, food and beverage staff and gaming staff.

"Members should be voting over the next few weeks, so the industrial action would occur in early October - it probably lines up with the spring racing carnival. Experienced, properly-trained staff are vital to ensuring gaming and alcohol are served responsibly at Crown. But Crown has sent a clear message it does not value the loyalty, dedication and experience of its staff. It only cares about one thing: making more money, whatever the cost to the community or its own staff. It has told staff it cannot afford a fair wage increase and needs to make changes that could cost experienced dealers almost $5000 a year, despite its $300 million profit."

Crown chief executive David 'Cashed Up' (Media Man tag) Courtney said talk of strike action was not unusual towards the end of long negotiations (the previous enterprise agreement ceased on 30th June).

He tipped Crown's 11% offer was equal to that accepted by staff at Burswood Casino in Perth, Western Australia, and more than the 9% accepted by staff at Sydney's Star City Casino.

He said Crown was hopeful of avoiding strike action.

If there was strike action the casino would continue to operate, Courtney said.

Tabcorp is tight lipped on the speculation and tip offs that another strike may hit their Star City Casino in 'Sin City' Sydney. Reef Casino and Lasseters in Australia's top end region would not disclose or confirm if they were about to suffer "strike action" (one kind or another), and no, we are not talking about aggressive boat people or the Australian or foreign Navy vessels, aircraft carriers or the like.

Insider rumors tip that they may be another kind of "strike", but that may be just heat coming from the readership of the likes of the very loud Media Man, Casino News Media and Gambling911.

A Media Man spokesperson said "Regarding the talk of another kind of strike in the Australian casino sector, don't look too deep into it. Our journalist and correspondent friends are known for talking things up, mind you, stranger things have happened in the past like the casino shaft man, Ferrari thief man, and even a couple of bomb threats a few years back, so I guess anything is possible. We think the hard working staff might just get the pay increase, and hopefully it won't negatively effect the share price. Mr Packer's operation is still pretty much head and shoulders about the competition so it should still be fair winds, and let us not forget the Packer and Warnie X factor, so Crown will keep powering for the foreseeable future in any event."

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Wrap Up...

Readers... er, punters, what's your view on the casino wars and potential strike action? Is other "strike action" on the cards? Keep checking daily for updates. If you have a bet, please bet with your head, not over it, and for God's sake, have fun.

Crown Limited Share Price: $8.320

*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

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PartyGaming gains from European court ruling on German monopoly - 8th September 2010

Investors are taking a punt on online gambling companies following a ruling that German restrictions breached European law.

The European Court of Justice ruled there should not be a state monopoly of sports bets and lotteries in Germany, potentially opening up new opportunities for the online gaming groups. PartyGaming shares have climbed 12.9p to 285.5p on the news while its merger partner - Austria's Bwin - is more than 6% higher. 888 Holdings is up 1.25p at 41.75p while Sportingbet has added 0.25p to 67.25p.

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Friday, September 03, 2010

Australian Casino Entrepreneurs James Packer And Shane Warne In Biz!, by Greg Tingle - 3rd September 2010

Australia is tipped to see a new casino entrepreneur... with a dash of music, entertainment and technology on the side...no stranger to Aussies, Yanks, Pommies or Pakistanis... enter Shane Warne. Warnie has dabbled in gaming over the years, most notably as a face for poker room 888, (getting a one up on PartyGaming), however his upcoming collaborations with Crown casino king James Packer, has sent the gaming, gambling and celeb world into a frenzy. Media Man and Gambling911 think its music to the ears of Crown Limited investors and WA businessman, Kym Illman aka 'Mr Ambush Marketing'...we turn up the music and let the party begin...

Australian Casino, Gaming And Lifestyle Entrepreneurs Unite: James Packer and Shane "No Spin" Warne; Kym Illman Marketing Aussie Gumleaf Mafia Connection...

Warnie and Packer, long time mates and associates, have been working on something big for quite a while now, and the past Warnie - Kym Illman - Messages On Hold campaigns have been impossible to miss, thanks in part to Max Markson and even everyones favorite... wait for it... Media Man.

Cricket legend, poker player and Aussie larrican, Shane "No Spin" Warnie is officially going into business with Aussie casino and lifestyle king, James Packer. Warnie sure know how to pick mentors, also getting guidance and business opportunities from fellow mate Kym Illman, over the years. Yep, the Aussie Gumleaf Mafia is leaping ahead in leaps and bounds. It's enough to make Gambling911 resident and friend to all, Kasino Koala blush and fall out of his tree.

Back to business at hand, this year the Packer - Warnie collaborations with bit hitting the casinos, and they also have a few tricks up their sleeve for cafes, restaurants, gyms and other venues down under in Australia, and they don't have to be existing 'Gumleaf Mafia' or Warne - Packer inner circle to get in on the action, depending on what b2b deals are of interest. However, the casino joint venture is a Crown Limited thing, and the spinner might just get his own branded poker room at Crown if he plays his cards right.

Warne has been on fire, and not just fired up and pissed about what happened with the Paki fixing scandal. The legend is also tipped to get an 'Ashes' talkback show on Network Nine. No coincidence that Bondi Beach local David Gyngelll, just happens to be the CEO of Nine, and holds a seat on the Crown Limited board. Again, relationships matter, as does loyalty. A couple of Aussie media entrepreneurs have purchased Crown shares over the years in a big picture - holistic type strategy, and the same happened with Virgin, owner Richard Branson also being on good terms with Packer.

The spinner remains tight lipped on some matters, but did tell press a bit about his passion for good music. Ah, his colourful exploits with a few blond goddesses over the years hinted at that. Music does get one in the mood, so does coffee and a few other unspeakables.

Warne, a mark for '80s music, have taken like a duck to water for the music industry. Specifically lyric-free ambient music, set to calm the soul, energise the body and warm the heart. Yep, we're been reading up on the sales blurb too.

Warne yesterday spruiked his latest biz alliance Groove Gallery, a company that sells ambient music to gyms, cafes and restaurants that wish to "sub-consciously" put their customers in the mood to spend a dollar or ideally, much more.

Shane Warne Inc, a spin off from Billionaire Inc, now sports roughly 16 business investments at last count. There's "Advanced Hair, yeah yeah" poker website 888, a Messages on Hold deal, luxury designer Dunhill and a bush tucker bag of paid gigs and appearances et al with Channel Nine, Sky Sports and Cricket Australia, and god knows what else on the boil. Media Man TV?

His family and life after cricket and some key motivators.

Speaking with News Limited Warnie shared "We've got two or three that we are looking at at the moment, there's a business that I have with James Packer that we'll be launching next year. I'm not sure James would want me talking about that yet".

He's seriously cashed up, but he's not really a showoff. More a lifestyle guy who loves his family and big boys toys.

We obtained quite a property asset list of Warnie... $9 million Middle Brighton home, a $3.35 million investment property in Sandringham, and a $2.2 million holiday home in Arthur's Seat and a home in London. Who knows what else he has. How about a Bondi Beach pad too mate, if you haven't already. We might see you up at Icebergs Bergs Gaming

As you might have cottoned on, things are good for the spin man..."Life is going great, never been better," he said.

For Warnie its been about ups, downs, roller coasters, working hard and playing 'n party int harder. Clearly things are on the up and up for Warnie, be it business, pleasure and passion, or more likely, both. Knock em for 6 sport.

Paki Cricket Scandal...Warnie Speaks...

Just on the red hot subject matter of cricket for moment. Warne said "I thought that the game was clean now with the anti-corruption people there". We're not certain if that's music to the ears of inner circle Packer and Illman or not, but this Aussie 'Gumleaf Mafia' types have a habit of turning controversy and negatives into bags full of cash' whispered a Media Man insider, (at a well known Bondi Beach cafe...hit Sparrow... interested to give the music a test run). Ah, relationships matter. Media Man believes that relationship marketing, buzz marketing, and the simple concept of headline grabbing Shane Warne will pretty much guarantee the success of all or most of Shane Warne linked campaigns in the foreseeable future.

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We think the Packer - Warne - Illman collaboration is a can't miss, and poised to knock 'em for 6 success, but what do you think? Tell us in the forum.

Readers, know the odds, bet with your head, not over it, 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. They cover a dozen industry sectors including gaming.

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