Harrah's Entertainment Inc. has filed an application to purchase the struggling Planet Hollywood Resort & Casino in Las Vegas, the Nevada Gaming Control Board said Monday.
The casino giant has formed a new subsidiary, PHW Las Vegas LLC, with the intent of taking over the Planet Hollywood in Las Vegas. PHW filed the application to casino regulators last week, a person at the Control Board said. The Las Vegas Planet Hollywood is a separate entity from the restaurant chain, which has locations around the world.
Harrah's began pursuing Planet Hollywood in September when it purchased a $140 million piece of Planet Hollywood's $870 million debt for an undisclosed amount from Goldman Sachs Group.
Planet Hollywood defaulted on its commercial mortgage around the same time. That gave lenders the right to foreclose on the property, Planet Hollywood said in a filing. However, the company is still in discussions with its lenders, Planet Hollywood spokeswoman Amy Sadowsky said Monday.
A person close to the situation said that it appears the slice of debt Harrah's purchased in September could give the casino giant enough influence over the other lenders to control the property. It's unclear whether or not Harrah's has purchased additional debt since then.
Harrah's controls six contiguous Las Vegas casinos just north of Planet Hollywood. Those properties are across the street from City Center, the $8.5 billion MGM Mirage resort which is set to open in December.
In an email to employees last week, Harrah's Chief Executive Gary Loveman said the location made the distressed Planet Hollywood an attractive acquisition. Harrah's is working on a plan to own and manage the property, Mr. Loveman wrote.
"This is an attractive proposition because of Planet Hollywood's proximity to our other resorts on the Strip, its high-quality product offering and its strong brand name," Mr. Loveman wrote in the email.
Starwood Hotels & Resorts Worldwide Inc. currently manages the project's hotel and also has a minority stake in Planet Hollywood.
Restaurateur Robert Earl, who developed the movie-themed Planet Hollywood restaurant chain, and investment manager Bay Harbour Management acquired the Las Vegas property in 2007.
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Wednesday, January 20, 2010
Tuesday, January 19, 2010
Casino News Media: James Packer feels squeeze in Macau - 18th January 2010
The casino sector in Macau has recovered strongly from the impact of the global financial crisis and the tightening of visa restrictions by the Chinese Government. As a result, the Melco Crown Entertainment joint venture involving Australian billionaire James Packer must do more to safeguard its market share of 12.5% . Its latest results are due out in February 2010.
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Saturday, January 16, 2010
PartyGaming joins spread betting party, by Greg Tingle - 15th January 2010
London Capital Group and PartyGaming ink deal. A new player in an ultra competitive sector.
The spread betting market in the UK sector is one of the most competitive in the world, mind you, so is the igaming sector, so one shouldn't be surprised that PartyGaming is ramping up, as its been doing with its casino, poker, bingo and media related sectors of the company.
News today is that PartyGaming has inked a three-year deal with London Capital Group to soon offer a financial spread betting platform. PartyGaming also has brand names PartyBets.com and PartyMarkets, so its probable that the deal with go into one of those brand names.
Industry analysts will of course question if London Capital Group assisting another white label partner into the UK market is a good or bad move. That's something only time will tell. PartyGaming is a large and established player thus can help to offset any costs and reduce majors risks in prime spread betting.
PartyGaming Plc is reportedly the world’s leading listed online gaming company.
The Group is a constituent of the FTSE 250 share index with its shares listed on The London Stock Exchange under the ticker: PRTY. In the year to 31 December 2008, PartyGaming’s Continuing operations generated revenues of $472.9m and Clean EBITDA of $144.2m.
Partygaming has a global reach, and that should place them in a strong position. The Asia Pacific region, and in particular, Australia, is seen to have strong growth potential in the sector.
It's expected that a number of PartyGaming punters will take to the financial spread betting offering, just as some bingo players take to casino, poker and table games. Exactly how much cross over audience for spread betting remains to be see.
*The writer is the founder of the Media Man group of companies including Global Gaming Directory and Casino News Media and has b2b dealings with a number of PartyGaming brands, as they do with dozens of brands in the igaming, gaming and financial sector.
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The spread betting market in the UK sector is one of the most competitive in the world, mind you, so is the igaming sector, so one shouldn't be surprised that PartyGaming is ramping up, as its been doing with its casino, poker, bingo and media related sectors of the company.
News today is that PartyGaming has inked a three-year deal with London Capital Group to soon offer a financial spread betting platform. PartyGaming also has brand names PartyBets.com and PartyMarkets, so its probable that the deal with go into one of those brand names.
Industry analysts will of course question if London Capital Group assisting another white label partner into the UK market is a good or bad move. That's something only time will tell. PartyGaming is a large and established player thus can help to offset any costs and reduce majors risks in prime spread betting.
PartyGaming Plc is reportedly the world’s leading listed online gaming company.
The Group is a constituent of the FTSE 250 share index with its shares listed on The London Stock Exchange under the ticker: PRTY. In the year to 31 December 2008, PartyGaming’s Continuing operations generated revenues of $472.9m and Clean EBITDA of $144.2m.
Partygaming has a global reach, and that should place them in a strong position. The Asia Pacific region, and in particular, Australia, is seen to have strong growth potential in the sector.
It's expected that a number of PartyGaming punters will take to the financial spread betting offering, just as some bingo players take to casino, poker and table games. Exactly how much cross over audience for spread betting remains to be see.
*The writer is the founder of the Media Man group of companies including Global Gaming Directory and Casino News Media and has b2b dealings with a number of PartyGaming brands, as they do with dozens of brands in the igaming, gaming and financial sector.
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Saturday, January 09, 2010
Branson's Virgin shakes up UK banking - 8th January 2010
Virgin Money, part of Richard Branson's Virgin empire, launched a shake-up of Britain's troubled retail banking market on Friday with the purchase of a private regional lender.
Virgin said it had agreed to buy Church House Trust for 12.28 million pounds ($A21.4 million) and would use the bank to offer savings and mortgage products to customers under the Virgin Money brand.
"The Church House Trust business offers us a strong platform for growth," Branson said in a statement announcing the deal.
"Virgin Money aims to bring simplicity to the UK banking market which has traditionally been a complex sector," he added.
Virgin Money said it would inject 37.3 million pounds ($A58.25 million) of new capital into Church House Trust.
Britain's retail banking sector was thrown into chaos by the credit crunch, causing the nationalisation of Northern Rock and multi-billion-pound bailouts of Royal Bank of Scotland and Lloyds Banking Group.
LBG was meanwhile created last year following a government-brokered deal to merge ailing HBOS bank with its stronger rival Lloyds TSB.
"The financial crisis has tarnished the reputation of many UK banks," Virgin Money chief executive Jayne Anne Gadhia said on Friday.
"Virgin Money will provide a better, different form of banking to its customers, increasing competition in the sector."
Gadhia added: "Our approach to banking is founded on developing a sustainable, savings-based business. We see the acquisition of Church House Trust as a strong and sensible first step in delivering Virgin Money's banking ambition."
Meanwhile, Church House Trust chairman David Batten said Virgin was set to benefit from the bank's "conservative business model".
Virgin's announcement comes as Britain's biggest retailer, supermarket giant Tesco, has made its own recent moves aimed at attracting more customers away from Britain's traditional banking sector.
Last October, Tesco relaunched its financial services division as Tesco Bank.
In Britain there has been widespread public anger over the global financial crisis and subsequent recession.
Britain begins 2010 as the only top economy officially in recession after the eurozone, France, Germany, Japan and the United States last year each emerged from the most severe downturn since the 1930s.
However official data due later this month is expected to show that Britain returned to growth in the fourth quarter of last year.
Virgin said it had agreed to buy Church House Trust for 12.28 million pounds ($A21.4 million) and would use the bank to offer savings and mortgage products to customers under the Virgin Money brand.
"The Church House Trust business offers us a strong platform for growth," Branson said in a statement announcing the deal.
"Virgin Money aims to bring simplicity to the UK banking market which has traditionally been a complex sector," he added.
Virgin Money said it would inject 37.3 million pounds ($A58.25 million) of new capital into Church House Trust.
Britain's retail banking sector was thrown into chaos by the credit crunch, causing the nationalisation of Northern Rock and multi-billion-pound bailouts of Royal Bank of Scotland and Lloyds Banking Group.
LBG was meanwhile created last year following a government-brokered deal to merge ailing HBOS bank with its stronger rival Lloyds TSB.
"The financial crisis has tarnished the reputation of many UK banks," Virgin Money chief executive Jayne Anne Gadhia said on Friday.
"Virgin Money will provide a better, different form of banking to its customers, increasing competition in the sector."
Gadhia added: "Our approach to banking is founded on developing a sustainable, savings-based business. We see the acquisition of Church House Trust as a strong and sensible first step in delivering Virgin Money's banking ambition."
Meanwhile, Church House Trust chairman David Batten said Virgin was set to benefit from the bank's "conservative business model".
Virgin's announcement comes as Britain's biggest retailer, supermarket giant Tesco, has made its own recent moves aimed at attracting more customers away from Britain's traditional banking sector.
Last October, Tesco relaunched its financial services division as Tesco Bank.
In Britain there has been widespread public anger over the global financial crisis and subsequent recession.
Britain begins 2010 as the only top economy officially in recession after the eurozone, France, Germany, Japan and the United States last year each emerged from the most severe downturn since the 1930s.
However official data due later this month is expected to show that Britain returned to growth in the fourth quarter of last year.
Wednesday, January 06, 2010
Casino stocks soar on strong Macau gambling revenues - 4th January 2010
SJM hits 2-mth high
Wynn Macau at 3-wk high
Macau revenues in H1 2010 seen very strong - CLSA
HONG KONG, Jan 5 - Shares of Macau casino operators rose on Tuesday on reports that gambling revenues in the enclave in December rose 48 percent from a year earlier, signalling sustained growth in the world's largest gambling market.
Shares of Sands China (1928.HK), the Macau unit of Las Vegas Sands (LVS.N), rose as much as 4.72 percent to a near three-week high of HK$10.42, while Wynn Macau (1128.HK), the Macau unit of Wynn Resorts (WYNN.O) advanced 3.56 percent to a three-week high of HK$9.89.
SJM Holdings (0880.HK), Macau gambling tycoon Stanley Ho's flagship firm, gained as much as 5.7 percent to its highest level in more than two months at HK$4.63.
Macau casino revenue rose 48 percent to 11 billion patacas ($1.42 billion) in December compared with a year earlier, according to a report from Susquehanna Financial that cited Portuguese news agency Lusa.
"The first half will be very strong; we should see momentum maintain," said Aaron Fischer, CLSA's head of Asian consumer and gaming.
"We believe the earnings will surprise significantly on the upside," Fischer said. "Revenue growth has been very strong for the last few months and these companies have been cutting costs a lot."
Fischer expects Macau gambling revenues to rise 17 percent in 2010. In 2009, gambling revenues rose 10 percent from a year ago.
Fischer's top picks are Wynn Macau, which is slated to open a new Macau resort on April 1, and SJM, Macau's biggest casino operator by market share, thanks to the recent opening of its latest property, "Casino Oceanus."
Shares of Galaxy Entertainment Group (0027.HK) rose as much as 3.1 percent to a two-week high of HK$3.32, while Melco International Development (0200.HK), which is owned by Macau gambling scion Lawrence Ho, rose as much as 3.91 percent to its highest level in more than two weeks at HK$3.72. (Credit: Wires, Google News, AP, Reuters, Media Man)
Wynn Macau at 3-wk high
Macau revenues in H1 2010 seen very strong - CLSA
HONG KONG, Jan 5 - Shares of Macau casino operators rose on Tuesday on reports that gambling revenues in the enclave in December rose 48 percent from a year earlier, signalling sustained growth in the world's largest gambling market.
Shares of Sands China (1928.HK), the Macau unit of Las Vegas Sands (LVS.N), rose as much as 4.72 percent to a near three-week high of HK$10.42, while Wynn Macau (1128.HK), the Macau unit of Wynn Resorts (WYNN.O) advanced 3.56 percent to a three-week high of HK$9.89.
SJM Holdings (0880.HK), Macau gambling tycoon Stanley Ho's flagship firm, gained as much as 5.7 percent to its highest level in more than two months at HK$4.63.
Macau casino revenue rose 48 percent to 11 billion patacas ($1.42 billion) in December compared with a year earlier, according to a report from Susquehanna Financial that cited Portuguese news agency Lusa.
"The first half will be very strong; we should see momentum maintain," said Aaron Fischer, CLSA's head of Asian consumer and gaming.
"We believe the earnings will surprise significantly on the upside," Fischer said. "Revenue growth has been very strong for the last few months and these companies have been cutting costs a lot."
Fischer expects Macau gambling revenues to rise 17 percent in 2010. In 2009, gambling revenues rose 10 percent from a year ago.
Fischer's top picks are Wynn Macau, which is slated to open a new Macau resort on April 1, and SJM, Macau's biggest casino operator by market share, thanks to the recent opening of its latest property, "Casino Oceanus."
Shares of Galaxy Entertainment Group (0027.HK) rose as much as 3.1 percent to a two-week high of HK$3.32, while Melco International Development (0200.HK), which is owned by Macau gambling scion Lawrence Ho, rose as much as 3.91 percent to its highest level in more than two weeks at HK$3.72. (Credit: Wires, Google News, AP, Reuters, Media Man)
Tuesday, January 05, 2010
World's tallest building opens - 5th January 2010
The world's tallest building has opened with a bang in the emirate of Dubai, measuring a whopping 828m in height.
To give you an idea of how tall that actually is, ninemsn's graphic editors have calculated what the skyscraper would look like if it was positioned in the centre of Sydney.
The engineering marvel dwarfs existing skyscrapers, with the previous tallest building in the world, the Taipei 101 in Taiwan, reaching a comparatively modest 508m.
The building was named in honour of United Arab Emirates President Sheikh Khalifa bin Zayed al-Nahayan. (Credit: NineMSN)
To give you an idea of how tall that actually is, ninemsn's graphic editors have calculated what the skyscraper would look like if it was positioned in the centre of Sydney.
The engineering marvel dwarfs existing skyscrapers, with the previous tallest building in the world, the Taipei 101 in Taiwan, reaching a comparatively modest 508m.
The building was named in honour of United Arab Emirates President Sheikh Khalifa bin Zayed al-Nahayan. (Credit: NineMSN)
Sunday, December 27, 2009
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)
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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)
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Monday, December 21, 2009
Gatto asked to fix $6.25m dispute after mates fall out, by Vanda Carson - The Sydney Morning Herald - 22nd December 2009
Underworld figure Mick Gatto was called in to help settle a $6.25 million dispute between the colourful developer and high-roller gambler Harry Kakavas and the millionaire Gold Coast property developer Jarrod McCracken.
Details of the meeting in 2007 between Mr McCracken, the former rugby league player-turned-developer and the Carlton Crew boss Mr Gatto emerged as part of a sensational NSW Supreme Court lawsuit triggered by the bitter falling out between the two Gold Coast property tycoons, who were once best mates.
Mr McCracken travelled to Melbourne and met Mr Gatto, who he believed was ''very friendly'' with Mr Kakavas, in an attempt to encourage Mr Kakavas to repay the money, lent in a handshake deal.
But even Mr Gatto was not convincing enough to coerce Mr Kakavas to repay the money, which he had lost in gambling sprees at the Bellagio Casino in Las Vegas and at Crown in Melbourne.
About $500,000 of the money was lost when Mr Kakavas bet on the AFL and NRL grand finals.
*Read full article.
(Credit: The Sydney Morning Herald)
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Details of the meeting in 2007 between Mr McCracken, the former rugby league player-turned-developer and the Carlton Crew boss Mr Gatto emerged as part of a sensational NSW Supreme Court lawsuit triggered by the bitter falling out between the two Gold Coast property tycoons, who were once best mates.
Mr McCracken travelled to Melbourne and met Mr Gatto, who he believed was ''very friendly'' with Mr Kakavas, in an attempt to encourage Mr Kakavas to repay the money, lent in a handshake deal.
But even Mr Gatto was not convincing enough to coerce Mr Kakavas to repay the money, which he had lost in gambling sprees at the Bellagio Casino in Las Vegas and at Crown in Melbourne.
About $500,000 of the money was lost when Mr Kakavas bet on the AFL and NRL grand finals.
*Read full article.
(Credit: The Sydney Morning Herald)
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Monday, December 14, 2009
Carl Icahn Moves to Control Trump Resorts - 11th December 2009
Carl C. Icahn, the investor, agreed to buy most of Trump Entertainment Resorts’ bank debt, pitting Mr. Icahn against a bondholders’ reorganization plan for the casino operator. Mr. Icahn leads a group that will buy a secured loan from the Beal Bank, which is first in line among creditors, and agreed to back the lender’s reorganization plan for Trump Entertainment, according to a statement Friday. Trump Entertainment’s three casinos filed for bankruptcy protection for the third time in February, blaming a high debt load and falling revenue. The founder, Donald Trump, and his daughter, Ivanka, dropped Beal as a partner last month and backed a bondholder plan that would give him up to 10 percent of the reorganized company.
“Despite the current problems in Atlantic City I continue to have great faith in the city’s future,” Mr. Icahn said in the statement. The competing plan “is a roll of the dice to releverage these operations, which may well turn into a round-trip ticket to bankruptcy court,” he said. Beal Bank is based in Plano, Tex. Trump Entertainment, based in Atlantic City, owns the Trump Taj Mahal Resort, the Trump Plaza Hotel & Casino and the Trump Marina Hotel Casino.
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“Despite the current problems in Atlantic City I continue to have great faith in the city’s future,” Mr. Icahn said in the statement. The competing plan “is a roll of the dice to releverage these operations, which may well turn into a round-trip ticket to bankruptcy court,” he said. Beal Bank is based in Plano, Tex. Trump Entertainment, based in Atlantic City, owns the Trump Taj Mahal Resort, the Trump Plaza Hotel & Casino and the Trump Marina Hotel Casino.
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Thursday, December 10, 2009
Melco Crown says no plans to raise equity - 9th December 2009
HONG KONG - Macau casino operator Melco Crown Entertainment does not plan to raise capital through the equity market, but will refinance its debt through bonds and bank loans by the middle of 2010, its chief financial officer said on Wednesday.
Melco Crown, a joint venture between Hong Kong-listed Melco International Development Ltd. and Australia's Crown Ltd , would be able to "carry comfortably" $US1.5 to 2 billion ($A1.65 to 2.2 billion) of debt on its balance sheet, CFO Simon Dewhurst told Reuters in an interview.
Melco Crown's stock has nearly halved since it hit its highest level in more than a year on September 23 on concerns about potential fund-raising. In contrast shares of Galaxy Entertainment Group slipped 8.2 per cent in the period.
Macau casino revenues could rise 20 to 25 per cent by the end of 2010 from 2009 levels, on the back of strong economic growth in neighbouring China, Dewhurst said.
"If we assume that China is growing at 10 per cent year-on-year, the gaming industry in Macau will grow for the next 20 years at 20 per cent," Dewhurst said. "I have never found a better proxy for consumer behaviour in China than the Macau gambling story."
Crown shares closed 1.76 lower to $7.79, against a 0.70 per cent decline in the benchmark index. (Credit: Wires, Google News, Reuters, Fairfax)
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Melco Crown, a joint venture between Hong Kong-listed Melco International Development Ltd. and Australia's Crown Ltd , would be able to "carry comfortably" $US1.5 to 2 billion ($A1.65 to 2.2 billion) of debt on its balance sheet, CFO Simon Dewhurst told Reuters in an interview.
Melco Crown's stock has nearly halved since it hit its highest level in more than a year on September 23 on concerns about potential fund-raising. In contrast shares of Galaxy Entertainment Group slipped 8.2 per cent in the period.
Macau casino revenues could rise 20 to 25 per cent by the end of 2010 from 2009 levels, on the back of strong economic growth in neighbouring China, Dewhurst said.
"If we assume that China is growing at 10 per cent year-on-year, the gaming industry in Macau will grow for the next 20 years at 20 per cent," Dewhurst said. "I have never found a better proxy for consumer behaviour in China than the Macau gambling story."
Crown shares closed 1.76 lower to $7.79, against a 0.70 per cent decline in the benchmark index. (Credit: Wires, Google News, Reuters, Fairfax)
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Wednesday, December 09, 2009
Tatweer to Create world's First Marvel Super Heroes Theme Park - 21st April 2008
Tatweer to Create world's First Marvel Super Heroes Theme Park
4.5 Million Sq Ft Development to be Built in Dubailand.
Tatweer, a member of Dubai Holding, today announced a landmark deal with US-based Marvel Entertainment, Inc. (NYSE: MVL), the creators of such globally renowned Super Heroes as Spider-Man, The X- Men, Iron Man, the Fantastic Four and The Incredible Hulk, to develop the region's first Super Heroes theme park at the world's largest leisure, tourism and entertainment destination.
Allocated within DUBAILAND(R), the Marvel Super Heroes theme park will be one of its key anchor..
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4.5 Million Sq Ft Development to be Built in Dubailand.
Tatweer, a member of Dubai Holding, today announced a landmark deal with US-based Marvel Entertainment, Inc. (NYSE: MVL), the creators of such globally renowned Super Heroes as Spider-Man, The X- Men, Iron Man, the Fantastic Four and The Incredible Hulk, to develop the region's first Super Heroes theme park at the world's largest leisure, tourism and entertainment destination.
Allocated within DUBAILAND(R), the Marvel Super Heroes theme park will be one of its key anchor..
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Sunday, November 01, 2009
Platinum HD: Blockbuster 2010 film
Blockbuster 2010 film by Platinum HD
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Wednesday, October 28, 2009
James Packer defends casino industry at Crown AGM - 28th October 2009
James Packer has criticised "one-sided" media reporting about gambling advising his casinos make a great contribution to the community and business.
"Next time you read an unbalanced story about your casinos and their impact on the community, stop and think about the other side of the story" he advised the annual general meeting of Crown. "The one that rarely gets reported". "That is, of the contribution Crown makes to tourism, to employment, to training, to urban development, to community partnerships and to government revenues. Contributions that make us fundamentally different to many pubs and clubs."
Chief executive Rowen Craigie advised "While a few domestic customer segments continue to exhibit some signs of softness - and in particular I refer to some corporate events and corporate hotel bookings - these impacts have been offset by growth in other customer segments such as consumer and leisure bookings". "There are indications that the business environment in Macau is improving. We see long term potential for the Macau market growth given its exposure to China."
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*The Media Man Australia founder and director does hold shares in Crown Limited
"Next time you read an unbalanced story about your casinos and their impact on the community, stop and think about the other side of the story" he advised the annual general meeting of Crown. "The one that rarely gets reported". "That is, of the contribution Crown makes to tourism, to employment, to training, to urban development, to community partnerships and to government revenues. Contributions that make us fundamentally different to many pubs and clubs."
Chief executive Rowen Craigie advised "While a few domestic customer segments continue to exhibit some signs of softness - and in particular I refer to some corporate events and corporate hotel bookings - these impacts have been offset by growth in other customer segments such as consumer and leisure bookings". "There are indications that the business environment in Macau is improving. We see long term potential for the Macau market growth given its exposure to China."
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*The Media Man Australia founder and director does hold shares in Crown Limited
Sunday, October 25, 2009
Platinum HD Profile
Mission Statement
To be the World's No 1 property, tourism and lifestyle online production network.
Our Aim
Platinum HD (Propvid Queensland) is a team of Cinematographers with a passion for making films that work. Anybody can shoot video. Platinum HD (Propvid Queensland) makes films people watch. Since opening in a two-car garage on the Gold Coast in 2006, PlatiumHD (Propvid Queensland) has grown to become an online TV network with offices in Broadbeach and West End, with a reach from the Sunshine Coast to Tweed Heads and a capacity to shoot anywhere, anytime. Platinum HD (Propvid Queensland) shoots seven days a week, from first light to last light. Our Crew has produced over 6,000 films on property and lifestyle in South East Queensland and have no intention of stopping anytime soon.
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To be the World's No 1 property, tourism and lifestyle online production network.
Our Aim
Platinum HD (Propvid Queensland) is a team of Cinematographers with a passion for making films that work. Anybody can shoot video. Platinum HD (Propvid Queensland) makes films people watch. Since opening in a two-car garage on the Gold Coast in 2006, PlatiumHD (Propvid Queensland) has grown to become an online TV network with offices in Broadbeach and West End, with a reach from the Sunshine Coast to Tweed Heads and a capacity to shoot anywhere, anytime. Platinum HD (Propvid Queensland) shoots seven days a week, from first light to last light. Our Crew has produced over 6,000 films on property and lifestyle in South East Queensland and have no intention of stopping anytime soon.
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Thursday, October 15, 2009
Packer's game spot on, by Terry McCrann - Herald Sun - 14th October 2009
Understanding James Packer and judging his success or failure - present and future - turns entirely on understanding that he has made two big strategic calls.
One was to exit 20th century media - free-to-air TV and magazines. To exit them, self-evidently, in Australia but, for what it's ever worth, the decision applies globally.
It was a decision that developed from the late 1990s, so that he was able, brutally but clinically, to hit the ground running on the death of his father.
The second was to go long 21st century China. At core, seeking to ride exactly the same long wave as BHP Billiton and Rio Tinto, indeed as Australia overall.
But via a very different path. It was - is - of course, his real first (business) love: gaming. And in the only available place, Macau.
Indeed, when you think it through, Packer is really aiming to sell a sophisticated consumer product into the fastest rising disposable incomes on the planet, of some 1.3 billion people. With all the pluses - and very real competitive risks - that entails.
Now, that is 'first love' in a very different way to his late father Kerry or his mentor in this space, the man who in effect built him his money-making Xanadu on the Yarra, Lloyd Williams. For James it is all about the certainty and mind-bogglingly fine detail of the mathematics.
Understand this and you begin to understand where he is going and the dynamics of that journey. And why the US gaming plays that were the focus of the ABC's 45-minute advertisement for Paul Barry's new book were an extremely costly, if instructive, diversion.
Even accounting the $1.5 billion apparently lost cold and extraordinarily rapidly in the US (and Canada and the UK), Packer's combined media and gaming corporate empire has outperformed almost all his relevant peers on his unqualified watch.
As I explained yesterday, the package of value from the old Packer PBL company had increased by $1.20 (down to 97 yesterday) since the death of Kerry on Boxing Day 2005.
This gave shareholders a positive 5.8 per cent TSR (total shareholder return). That's the total over the four years, not per year as I incorrectly wrote in haste yesterday. This compared to a 19.5 per cent negative TSR for Packer's media peer group and an even worse 26.9 per cent negative TSR for the gaming peer group.
The reason was, of course, the spectacular sale of the Nine Network for $5.5 billion - netting him $4.5 billion after the $1 billion he had to reinvest in the network and subsequently lose.
There is just no way to describe this other than as a spectacular coup, spectacularly timed - late in 2006, just as the subprime crisis was starting its slow bubble towards the surface in the US.
Even if you set off the $1.5 billion he would lose in the US against the $4.5 billion, the 'net' was still $3 billion. That's still almost as much as Kerry Stokes got for following him in selling half the Seven Network, just as it was toppling Nine from its long dominance of ratings and advertising dollars.
In short, Packer sold a rapidly depreciating asset beyond the top of the market, exploiting the global financial whiz-kiddery in its dying days! And the deal was even better than it looked.
Why? Because Packer kept the key stakes in Foxtel (25 per cent) and Fox Sports (50 per cent).
Two things are significant about that. It's at least another $1 billion of value - depending how the NBN arm-wrestle plays out, maybe even $2 billion. So his net value out of media was really more like $5.5 billion to $6.5 billion. Secondly, he very deliberately kept what he sees as the 21st century media business. He thinks Foxtel/Fox Sports is the best media business in Australia.
So why did he bend over and sue for peace with the other Kerry; indeed letting him, albeit by proxy, into his media company's boardroom? And did it signify he had a loose affiliation even with Foxtel?
Actually, no. What tended to slip under the radar with the 'mogul peace deal' is that Stokes agreed to 'stand-still' - to not buy any more shares in Packer's Consolidated Media for a year. But Packer did not.
Following the ConsMedia buyback, Stokes' stake goes to 22 per cent, while Packer's will go to a tick over 45 per cent.
Stokes can't buy any more for 12 months. But Packer can and will. He can buy 3 per cent every six months. As the time expires on Stokes' standstill, Packer will move above 50.1 per cent and unchallengable control.
There is no way he will sell out of his remaining - 21st century - media. Unless Stokes or somebody else (it would have to be from another planet) offers him a very silly price. Then the cold-blooded mathematical Packer would kick in.
2 There is no way he is going to 'share' Foxtel with Stokes. He has handcuffed Stokes and in 12 months he could resume hostilities from a position of unchallengable ascendency.
In short, he has moved to 'correct' the mistake he made when he opened the front door by 'selling out' of Nine without bolting the back door to the ConsMedia register. And he's doing, incidentally, the same thing at Crown. He's already started 'creeping' to the same 50.1 per cent.
In short also, the simple fact is that his media plays have been an unqualified success. He has created extraordinary value - in the form of very real (that is, Aussie) dollars.
He has paid for his US mistakes. And he has kept his position in 21st century media, alongside the businessman he most admires and the country's, for the moment, dominant telco.
That leaves judgment on his big 21st century play: China. It is as simplistic to judge that on the basis of what might be happening in Macau this year, as it would be to conclude that the lower prices BHP And Rio were getting this year 'proved' China was a dud for them.
Yes, there might be indigestion in Macau; yes, the Chinese government can play games with visas.
But Macau is very different to Las Vegas. It's the only game in town - until, if, the Chinese allow it in Beijing and Shanghai. And it sits next to 1.3 billion people with rising incomes; against Vegas with 300 million people with falling incomes. (Credit: Herald Sun)
Read the full article here
Media Man Australia - Greg Tingle comments
Mr Packer has investments in a range of business verticals... old media, new media and the hotel, casino and resort sector (both in Australia and abroad), thus spreading risk
Crown Casino is Australia's most profitable casino
Mr Packer and his team appear to have played "politics" correctly with both the Australian / Victorian government as well as the Chinese government
New media investments that Mr Packer's Publishing and Broadcasting Limited (PBL) made that performed impressively include Seek, Carsales, and Foxtel
Gambling is one form of entertainment. Crown Casino, Burswood Entertainment Centre and City Of Dreams have been successful in securing numerous world class entertainment acts, performing artists and the like. Crown Casino and City Of Dreams have developed into major tourist destinations and provide substantial employment
Crown Limited is still in business, while many competitors on a global scale went out of business or are currently going into bankruptcy
Media Man Australia director and founder, Greg Tingle, owns shares in Crown Limited
Media Man Australia Website Network
Media Man Australia
Casino News Media
Australian Casino News
Property News Media
Global Gaming Directory
One was to exit 20th century media - free-to-air TV and magazines. To exit them, self-evidently, in Australia but, for what it's ever worth, the decision applies globally.
It was a decision that developed from the late 1990s, so that he was able, brutally but clinically, to hit the ground running on the death of his father.
The second was to go long 21st century China. At core, seeking to ride exactly the same long wave as BHP Billiton and Rio Tinto, indeed as Australia overall.
But via a very different path. It was - is - of course, his real first (business) love: gaming. And in the only available place, Macau.
Indeed, when you think it through, Packer is really aiming to sell a sophisticated consumer product into the fastest rising disposable incomes on the planet, of some 1.3 billion people. With all the pluses - and very real competitive risks - that entails.
Now, that is 'first love' in a very different way to his late father Kerry or his mentor in this space, the man who in effect built him his money-making Xanadu on the Yarra, Lloyd Williams. For James it is all about the certainty and mind-bogglingly fine detail of the mathematics.
Understand this and you begin to understand where he is going and the dynamics of that journey. And why the US gaming plays that were the focus of the ABC's 45-minute advertisement for Paul Barry's new book were an extremely costly, if instructive, diversion.
Even accounting the $1.5 billion apparently lost cold and extraordinarily rapidly in the US (and Canada and the UK), Packer's combined media and gaming corporate empire has outperformed almost all his relevant peers on his unqualified watch.
As I explained yesterday, the package of value from the old Packer PBL company had increased by $1.20 (down to 97 yesterday) since the death of Kerry on Boxing Day 2005.
This gave shareholders a positive 5.8 per cent TSR (total shareholder return). That's the total over the four years, not per year as I incorrectly wrote in haste yesterday. This compared to a 19.5 per cent negative TSR for Packer's media peer group and an even worse 26.9 per cent negative TSR for the gaming peer group.
The reason was, of course, the spectacular sale of the Nine Network for $5.5 billion - netting him $4.5 billion after the $1 billion he had to reinvest in the network and subsequently lose.
There is just no way to describe this other than as a spectacular coup, spectacularly timed - late in 2006, just as the subprime crisis was starting its slow bubble towards the surface in the US.
Even if you set off the $1.5 billion he would lose in the US against the $4.5 billion, the 'net' was still $3 billion. That's still almost as much as Kerry Stokes got for following him in selling half the Seven Network, just as it was toppling Nine from its long dominance of ratings and advertising dollars.
In short, Packer sold a rapidly depreciating asset beyond the top of the market, exploiting the global financial whiz-kiddery in its dying days! And the deal was even better than it looked.
Why? Because Packer kept the key stakes in Foxtel (25 per cent) and Fox Sports (50 per cent).
Two things are significant about that. It's at least another $1 billion of value - depending how the NBN arm-wrestle plays out, maybe even $2 billion. So his net value out of media was really more like $5.5 billion to $6.5 billion. Secondly, he very deliberately kept what he sees as the 21st century media business. He thinks Foxtel/Fox Sports is the best media business in Australia.
So why did he bend over and sue for peace with the other Kerry; indeed letting him, albeit by proxy, into his media company's boardroom? And did it signify he had a loose affiliation even with Foxtel?
Actually, no. What tended to slip under the radar with the 'mogul peace deal' is that Stokes agreed to 'stand-still' - to not buy any more shares in Packer's Consolidated Media for a year. But Packer did not.
Following the ConsMedia buyback, Stokes' stake goes to 22 per cent, while Packer's will go to a tick over 45 per cent.
Stokes can't buy any more for 12 months. But Packer can and will. He can buy 3 per cent every six months. As the time expires on Stokes' standstill, Packer will move above 50.1 per cent and unchallengable control.
There is no way he will sell out of his remaining - 21st century - media. Unless Stokes or somebody else (it would have to be from another planet) offers him a very silly price. Then the cold-blooded mathematical Packer would kick in.
2 There is no way he is going to 'share' Foxtel with Stokes. He has handcuffed Stokes and in 12 months he could resume hostilities from a position of unchallengable ascendency.
In short, he has moved to 'correct' the mistake he made when he opened the front door by 'selling out' of Nine without bolting the back door to the ConsMedia register. And he's doing, incidentally, the same thing at Crown. He's already started 'creeping' to the same 50.1 per cent.
In short also, the simple fact is that his media plays have been an unqualified success. He has created extraordinary value - in the form of very real (that is, Aussie) dollars.
He has paid for his US mistakes. And he has kept his position in 21st century media, alongside the businessman he most admires and the country's, for the moment, dominant telco.
That leaves judgment on his big 21st century play: China. It is as simplistic to judge that on the basis of what might be happening in Macau this year, as it would be to conclude that the lower prices BHP And Rio were getting this year 'proved' China was a dud for them.
Yes, there might be indigestion in Macau; yes, the Chinese government can play games with visas.
But Macau is very different to Las Vegas. It's the only game in town - until, if, the Chinese allow it in Beijing and Shanghai. And it sits next to 1.3 billion people with rising incomes; against Vegas with 300 million people with falling incomes. (Credit: Herald Sun)
Read the full article here
Media Man Australia - Greg Tingle comments
Mr Packer has investments in a range of business verticals... old media, new media and the hotel, casino and resort sector (both in Australia and abroad), thus spreading risk
Crown Casino is Australia's most profitable casino
Mr Packer and his team appear to have played "politics" correctly with both the Australian / Victorian government as well as the Chinese government
New media investments that Mr Packer's Publishing and Broadcasting Limited (PBL) made that performed impressively include Seek, Carsales, and Foxtel
Gambling is one form of entertainment. Crown Casino, Burswood Entertainment Centre and City Of Dreams have been successful in securing numerous world class entertainment acts, performing artists and the like. Crown Casino and City Of Dreams have developed into major tourist destinations and provide substantial employment
Crown Limited is still in business, while many competitors on a global scale went out of business or are currently going into bankruptcy
Media Man Australia director and founder, Greg Tingle, owns shares in Crown Limited
Media Man Australia Website Network
Media Man Australia
Casino News Media
Australian Casino News
Property News Media
Global Gaming Directory
Wednesday, October 14, 2009
Why James is still on a roll, by Terry McCrann - 14th October 2009
There is one simple all-encompassing measure of James Packer's performance since he assumed absolute responsibility for - he already had control of - the family fortune, when 'Big Kerry' died on Boxing Day just under four years ago.
It is also the single most important measure: How have he and his fellow shareholders done?
When the market closed for Christmas back then, the share price of the Packers' then PBL company was $16.61.
Somewhat over-excited observers suggested it would reopen post-Christmas and post-Kerry as much as 10 per cent lower. In the event it dropped 20.
Well those shareholders now have a package of value adding to around $17.80 per old PBL share. They are $1.20 a share better off under James Packer's sole stewardship.
It's simple, it's clear, it's undeniable. It captures all the pluses and minuses and finishes with a significant net plus.
First up James split PBL into two companies - Crown, to hold the gaming interests and Consolidated Media for the 'old' Packer business. Investors were given one share in each of the new companies for each PBL share plus a special $3 dividend.
So today's value package comprises the $9.19 market price for a Crown share, $3.08 for a ConsMedia share, $3 for the demerger dividend, $2.13 in accumulated normal dividends since then and 38 for theoretical interest earned on those dividends.
Now in isolation an extra $1.20 over four years mightn't sound much. But it came through a little event called the Global Financial Crisis.
In that context, what's called the 'Total Shareholder Return' or TSR delivered to investors in the Packer empire of plus 5.8 per cent per year over the four years is very impressive. Just about everybody else outside the resources sector would be negative.
Compared to its peers, the performance of the - to stress, James - Packer empire is spectacular. And it is very important to note, that it has two sets of peers - the gaming sector and the media sector.
Why important? Because it is the combination and the type of media which is key to understanding James' success to date and the plays he is making into the 21st century. In both spaces.
It is also fundamentally his corporate empire. It reflects his choices and his strategic and tactical decisions. The biggest of course, the exactly perfectly timed sale of the Nine Network just 10 months after Kerry's death.
Investment bank UBS has done the numbers. They show a media average (of Seven, Ten, Fairfax, WAN and NewsCorp) TSR of minus 19.5 per cent a year since Kerry's death.
While the gaming average (using Tabcorp and a clutch of US-based groups), produces minus 26.9 per cent a year TSR.
Just to emphasise the difference: the Packer package grew by 5.8 per cent a year over the four years; the media and gaming peers went not just backwards, but significantly backwards.
Full article here (Credit: News.com.au)
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Media Man Australia
It is also the single most important measure: How have he and his fellow shareholders done?
When the market closed for Christmas back then, the share price of the Packers' then PBL company was $16.61.
Somewhat over-excited observers suggested it would reopen post-Christmas and post-Kerry as much as 10 per cent lower. In the event it dropped 20.
Well those shareholders now have a package of value adding to around $17.80 per old PBL share. They are $1.20 a share better off under James Packer's sole stewardship.
It's simple, it's clear, it's undeniable. It captures all the pluses and minuses and finishes with a significant net plus.
First up James split PBL into two companies - Crown, to hold the gaming interests and Consolidated Media for the 'old' Packer business. Investors were given one share in each of the new companies for each PBL share plus a special $3 dividend.
So today's value package comprises the $9.19 market price for a Crown share, $3.08 for a ConsMedia share, $3 for the demerger dividend, $2.13 in accumulated normal dividends since then and 38 for theoretical interest earned on those dividends.
Now in isolation an extra $1.20 over four years mightn't sound much. But it came through a little event called the Global Financial Crisis.
In that context, what's called the 'Total Shareholder Return' or TSR delivered to investors in the Packer empire of plus 5.8 per cent per year over the four years is very impressive. Just about everybody else outside the resources sector would be negative.
Compared to its peers, the performance of the - to stress, James - Packer empire is spectacular. And it is very important to note, that it has two sets of peers - the gaming sector and the media sector.
Why important? Because it is the combination and the type of media which is key to understanding James' success to date and the plays he is making into the 21st century. In both spaces.
It is also fundamentally his corporate empire. It reflects his choices and his strategic and tactical decisions. The biggest of course, the exactly perfectly timed sale of the Nine Network just 10 months after Kerry's death.
Investment bank UBS has done the numbers. They show a media average (of Seven, Ten, Fairfax, WAN and NewsCorp) TSR of minus 19.5 per cent a year since Kerry's death.
While the gaming average (using Tabcorp and a clutch of US-based groups), produces minus 26.9 per cent a year TSR.
Just to emphasise the difference: the Packer package grew by 5.8 per cent a year over the four years; the media and gaming peers went not just backwards, but significantly backwards.
Full article here (Credit: News.com.au)
Website Network
Australian Casino News
Casino News Media
Property News Media
Global Gaming Directory
Media Man Australia
Saturday, October 10, 2009
Play on the Biggest Monopoly Board Ever
Monopoly City Streets will incorporate Google Maps in an online version of the famed board game.
US, September 8, 2009 - EAST LONGMEADOW, Mass. - Have you ever wanted to own the entire street where you live? Starting tomorrow (September 9), aspiring MONOPOLY moguls can take over the globe with MONOPOLY CITY STREETS, a limited-time online free version of the world's most popular board game that allows players to "buy" streets based on Google Maps, competing against participants all over the world.
The MONOPOLY CITY STREETS instant-play online platform brings MONOPOLY to life by letting competitors play with the actual streets that are special to them. including their very own neighborhood, town or city. Or, players can choose to set up their property empire in a city where they would like to own property. It's easy to get started -- players create a profile on www.monopolycitystreets.com and begin to acquire properties each day through purchases and trades. Each player starts the game with $3 million MONOPOLY dollars and earns rent based on streets and properties owned at the time competitors log into the game.
Each street in the world is available for purchase by only one player, increasing the opportunity for trading and interaction among players. Players can instantly set up houses, hotels, skyscrapers and other buildings quickly after acquiring streets to increase property values.
The online game is launching in celebration of the release of MONOPOLY CITY, a new board game where players build a 3-D city in the center of the game board. For the first time since MONOPOLY was invented in 1935, game play has changed, removing the need to collect an entire property group before players can build structures on their properties, so a city can be built from the ground up from the first roll of the dice. Additionally, just like in real life, the value of property and players' incomes can rise and fall. Players can build structures to increase property values, such as schools or eco-friendly wind farms, or they can sabotage opponents by building sewage plants or prisons on the competition's property.
"The online experience for MONOPOLY CITY STREETS emphasizes the exciting dealing and negotiating elements of MONOPOLY," said Sarah Hoskin, Senior Marketing Manager for U.S. Marketing at Hasbro Games. "Both MONOPOLY CITY STREETS and MONOPOLY CITY bring new creativity to MONOPOLY that goes beyond the traditional property streets, green houses and red hotels."
MONOPOLY CITY STREETS will launch online in English, French, Spanish, Dutch and German on September 9, 2009. MONOPOLY CITY will be available at mass retail stores nationwide in Fall for the approximate retail price of $34.99. The board game includes more than 80 3-D buildings, district property cards, MONOPOLY money, "Chance" and "Dodge Rent" cards, and a Trading unit that requires two AAA batteries.
ABOUT MONOPOLY
Since 1935, more than 250 million copies of MONOPOLY have been sold in 106 countries and 40 languages. More than 200 different editions of the game have been published, but the most popular continues to be the classic "Number Nine." Affectionately known by its original product number, "Number Nine" is based on the streets of Atlantic City and is nearly identical to Charles Darrow's original submission to Parker Brothers. The MONOPOLY name and logo, the distinctive design of the game board, the four corner squares, the MR. MONOPOLY name and the character, as well as each of the distinctive elements of the board and playing pieces are trademarks of Hasbro for its property trading game and game equipment. (C) 2009 Hasbro, All Rights Reserved.
About Hasbro
Hasbro, Inc. is a worldwide leader in children's and family leisure time products and services with a rich portfolio of brands and entertainment properties that provides some of the highest quality and most recognizable play and recreational experiences in the world. As a brand-driven, consumer-focused global company, Hasbro brings to market a range of toys, games and licensed products, from traditional to high-tech and digital, under such powerful brand names as TRANSFORMERS, PLAYSKOOL, TONKA, MILTON BRADLEY, PARKER BROTHERS, TIGER, CRANIUM and WIZARDS OF THE COAST. Come see how we inspire play through our brands at http://www.hasbro.com. (C) 2009 Hasbro, Inc. All Rights Reserved.
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US, September 8, 2009 - EAST LONGMEADOW, Mass. - Have you ever wanted to own the entire street where you live? Starting tomorrow (September 9), aspiring MONOPOLY moguls can take over the globe with MONOPOLY CITY STREETS, a limited-time online free version of the world's most popular board game that allows players to "buy" streets based on Google Maps, competing against participants all over the world.
The MONOPOLY CITY STREETS instant-play online platform brings MONOPOLY to life by letting competitors play with the actual streets that are special to them. including their very own neighborhood, town or city. Or, players can choose to set up their property empire in a city where they would like to own property. It's easy to get started -- players create a profile on www.monopolycitystreets.com and begin to acquire properties each day through purchases and trades. Each player starts the game with $3 million MONOPOLY dollars and earns rent based on streets and properties owned at the time competitors log into the game.
Each street in the world is available for purchase by only one player, increasing the opportunity for trading and interaction among players. Players can instantly set up houses, hotels, skyscrapers and other buildings quickly after acquiring streets to increase property values.
The online game is launching in celebration of the release of MONOPOLY CITY, a new board game where players build a 3-D city in the center of the game board. For the first time since MONOPOLY was invented in 1935, game play has changed, removing the need to collect an entire property group before players can build structures on their properties, so a city can be built from the ground up from the first roll of the dice. Additionally, just like in real life, the value of property and players' incomes can rise and fall. Players can build structures to increase property values, such as schools or eco-friendly wind farms, or they can sabotage opponents by building sewage plants or prisons on the competition's property.
"The online experience for MONOPOLY CITY STREETS emphasizes the exciting dealing and negotiating elements of MONOPOLY," said Sarah Hoskin, Senior Marketing Manager for U.S. Marketing at Hasbro Games. "Both MONOPOLY CITY STREETS and MONOPOLY CITY bring new creativity to MONOPOLY that goes beyond the traditional property streets, green houses and red hotels."
MONOPOLY CITY STREETS will launch online in English, French, Spanish, Dutch and German on September 9, 2009. MONOPOLY CITY will be available at mass retail stores nationwide in Fall for the approximate retail price of $34.99. The board game includes more than 80 3-D buildings, district property cards, MONOPOLY money, "Chance" and "Dodge Rent" cards, and a Trading unit that requires two AAA batteries.
ABOUT MONOPOLY
Since 1935, more than 250 million copies of MONOPOLY have been sold in 106 countries and 40 languages. More than 200 different editions of the game have been published, but the most popular continues to be the classic "Number Nine." Affectionately known by its original product number, "Number Nine" is based on the streets of Atlantic City and is nearly identical to Charles Darrow's original submission to Parker Brothers. The MONOPOLY name and logo, the distinctive design of the game board, the four corner squares, the MR. MONOPOLY name and the character, as well as each of the distinctive elements of the board and playing pieces are trademarks of Hasbro for its property trading game and game equipment. (C) 2009 Hasbro, All Rights Reserved.
About Hasbro
Hasbro, Inc. is a worldwide leader in children's and family leisure time products and services with a rich portfolio of brands and entertainment properties that provides some of the highest quality and most recognizable play and recreational experiences in the world. As a brand-driven, consumer-focused global company, Hasbro brings to market a range of toys, games and licensed products, from traditional to high-tech and digital, under such powerful brand names as TRANSFORMERS, PLAYSKOOL, TONKA, MILTON BRADLEY, PARKER BROTHERS, TIGER, CRANIUM and WIZARDS OF THE COAST. Come see how we inspire play through our brands at http://www.hasbro.com. (C) 2009 Hasbro, Inc. All Rights Reserved.
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Hasbro
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News
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Friday, October 09, 2009
Monday, September 07, 2009
Platinum HD Propvid Queensland Website Updated
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* Media Man Australia and Property News Media assist Platinum HD Propvid Queensland in a new media and internet exposure capacity
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* Media Man Australia and Property News Media assist Platinum HD Propvid Queensland in a new media and internet exposure capacity
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