Three Companies Receive Nevada Interactive Gaming Licenses
Profiles
Poker Boyd Gaming Fertitta Interactive Golden Nugget Entertainment Gaming Entertainment Affiliate Programs Advertising
Three Las Vegas-based gaming firms – Boyd Gaming, Fertitta Interactive LLC, and Golden Nugget – were granted interactive gaming licenses by the Nevada Gaming Commission last week, allowing them to provide intrastate online poker in Nevada.
Boyd Gaming was the first of the three, receiving the thumbs-up on Thursday. The company owns 17 properties in the United States, including The Orleans, Gold Coast, and Suncoast casinos in Las Vegas, the IP Casino Resort Spa in Biloxi, Mississippi, and the Borgata in Atlantic City. In October 2011, Boyd partnered with online gambling giant X and rival MGM Resorts International to create a new company to offer online poker. bwin.party controls the bulk of the organization – 65 percent – while MGM owns 25 percent and Boyd Gaming owns 10 percent.
Boyd, as might be apparent, will use the X online poker platform, but cannot launch its poker room until the operator of X also receives a license from the Nevada Gaming Commission. Both X and MGM have applied for licenses, but have not met with regulators yet.
Though the license permits Boyd to offer online poker to customers within Nevada’s borders, Kevin Smith, CEO of Boyd, told Marketwatch last year that his company would prefer regulation on the federal level. “We believe that the right approach to offering legal online poker in the United States is through a federal regulatory structure that ensures the games are conducted with the greatest possible integrity and security,” he said.
Shortly after Boyd Gaming was knighted, the Nevada Gaming Commission granted a license to Fertitta Interactive LLC. Fertitta already operates Ultimate Poker, a free-to-play poker game on Facebook, and will now look to transition into the real money space. Ultimate Poker was developed last year after Fertitta acquired gaming company CyberArts Licensing LLC. Fertitta Interactive is a division of Fertitta Entertainment, which owns the Station Casinos and UFC.
Said Tom Breitling, chairman of Ultimate Gaming, “With our unique ability to leverage the overlapping demographics between online gaming, traditional gaming and the worldwide sports and entertainment brand of the UFC, Ultimate Gaming is ideally positioned to rapidly capture a significant following in the United States and throughout the globe.”
Also that same day, Golden Nugget received its license. Bally Technologies, which both received a license and partnered with Golden Nugget in June, will provide the software for the upcoming poker offering. The two already paired up earlier this year to launch a free poker room, GoldenNuggetPoker.com
It remains to be seen which, if any, of the three new licensees will be the first to launch an intrastate online poker room in Nevada. South Point Poker LLC originally believed it was on track to be the vanguard by launching its poker room this month, but slower than expected independent testing has pushed back the go-live date to later this year. Because Fertitta and Golden Nugget already have free money poker rooms running, they could very well be ready to go soon for their real money offerings. Boyd still has to wait for bwin.party’s license, though with the online gaming giant’s experience, the joint company could get something launched quickly once the license is granted. (Poker News Daily)
Stocks to watch at noon on Tuesday - 23rd October 2012...
Stocks to watch on the Australian stock exchange at noon on Tuesday:
AGK - AGL ENERGY LTD - down 40 cents, or 2.67 per cent, at $14.56
AGL Energy chief executive Michael Fraser has faced shareholder anger over the development of NSW coal seam gas assets.
IAG - INSURANCE AUSTRALIA GROUP LTD - up 3.5 cents, or 0.77 per cent, at $4.575
Insurance Australia Group (IAG) says it is on track to achieve its full-year financial forecasts after its first quarter performance.
MGR - MIRVAC GROUP - up 1.5 cents, or 0.99 per cent, at $1.53
Property giant Mirvac and mining magnate Nathan Tinkler are in settlement negotiations over a failed multi-million-dollar agreement to buy industrial land for a new coal terminal in the NSW Hunter region.
OZL - OZ MINERALS LTD - up 29.5 cents, or 3.56 per cent, at $8.585
Oz Minerals says it remains on track to meet its full-year guidance despite posting a fall in copper and gold production during the September quarter.
PBG - PACIFIC BRANDS LTD - down one cent, or 1.8 per cent, at 54.5 cents
Clothing and homewares retailer Pacific Brands says sales have been down so far this financial year and the company doesn't expect significant improvement.
TEN - TEN MEDIA HOLDINGS LTD - up 0.25 cents, or 0.83 per cent, at 30.25 cents
Ten Network Holdings has received a reduced offer for its outdoor advertising business Eye Corp from its private equity suitor. (AAP)
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Tuesday, October 23, 2012
Saturday, October 13, 2012
Zeta Bar Hilton Hotel presents Extreme Mermaid Dancer at Coney Island - 12th October 2012
Zeta Bar Hilton Hotel gets Extreme Mermaid Dancer; Creation of Human Statue Bodyart...
Profiles
Human Statue Bodyart Hilton Hotel Sydney Entertainment Australia Property Hotels Promotions Publicity
The Hilton marquee in neon lights Hilton reads: "Zeta`s "CONEY ISLAND" is our exciting new Friday Nights concept. Experience evenings of the unexpected, perfectly paradoxical and the weird and wonderful, with extravagant entertainment and a creative mix of classic cocktails with progressive and fun elements."
The Hilton Hotel franchise and our friends at the Zeta Bar were back to the Coney Island theme again tonight, with a 'Extreme Mermaid Dancer' model (Victoria) for the evening's entertainment. The Statue Of Liberty in reality overlooks New York Harbour, but tonight she visited Coney Island - Zeta Bar style.
The action was all mixed with a specially concocted range of classic cocktails with a twist, like Cosmopolitan Candy Floss, Toffee Apple Martinis and Long Island Iced Tea snow cones and much, much more, with the 'Statue Of Liberty' model adding addition excitement.
The team at Human Statue Bodyart created the 'Extreme Mermaid Dancer', led by creative artist Eva Rinaldi.
The Coney Island theme was once again a huge hit and Human Statue talent will be continuing to entertain patrons at the Zeta Bar on most Friday nights for the forseable future.
Very well done to everyone involved in the success of the Coney Island promotion and we're certain the titillating entertainment will keep patrons coming back for more.
It's all there for the taking at Hilton's little slice of paradise in Sydney's CBD and its you're big chance to see why 'Coney Island' is so popular the world over.
Promo...
Zeta Bar pushed the boundaries of cabaret, bringing the sexy mystique of 19th century underground back to life in Extreme Cabaret.
Extreme Cabaret was a delicious smorgasbord of fantasy and magic, wit and whimsy served with sides of lunacy and luxe, and very well lubricated with prohibition-style cocktails, mystifying molecular cocktails and delectable morsels.
About Zeta Bar...
As a progressive cocktail bar and exclusive escape in the Sydney CBD, Zeta changed the face of Sydney’s bar culture when it launched as part of Hilton Sydney in 2005. Today, Zeta has won multiple awards year on year for its bartenders, playful drinks, cocktail classics and seasonal, trend setting concepts; the latest of which being ‘Extreme Cabaret’.
Access to Zeta is via glass elevator at the Hilton Sydney entrance on George Street. Zeta boasts a chic, outdoor terrace overlooking the iconic Queen Victoria Building. A VIP lounge and selection of private booths and breakout areas in luxe purple and dark wood interiors underline Zeta as the CBD cocktail bar to be seen in and part of.
An exclusive escape for visiting international celebrities too, Jessica Simpson, Kimberley Stewart, James Blunt, Snoop Dogg and Nicole Ritchie have all partied at Zeta and regular Aussie A-listers include Jennifer Hawkins, Hugh Jackman, Ian Thorpe and Megan Gale.
Websites
Hilton Hotel Sydney
Zeta Bar
Human Statue Bodyart
Human Statue Bodyart Flickr
Eva Rinaldi Photography Flickr
Eva Rinaldi Photography
Media Man News
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Profiles
Human Statue Bodyart Hilton Hotel Sydney Entertainment Australia Property Hotels Promotions Publicity
The Hilton marquee in neon lights Hilton reads: "Zeta`s "CONEY ISLAND" is our exciting new Friday Nights concept. Experience evenings of the unexpected, perfectly paradoxical and the weird and wonderful, with extravagant entertainment and a creative mix of classic cocktails with progressive and fun elements."
The Hilton Hotel franchise and our friends at the Zeta Bar were back to the Coney Island theme again tonight, with a 'Extreme Mermaid Dancer' model (Victoria) for the evening's entertainment. The Statue Of Liberty in reality overlooks New York Harbour, but tonight she visited Coney Island - Zeta Bar style.
The action was all mixed with a specially concocted range of classic cocktails with a twist, like Cosmopolitan Candy Floss, Toffee Apple Martinis and Long Island Iced Tea snow cones and much, much more, with the 'Statue Of Liberty' model adding addition excitement.
The team at Human Statue Bodyart created the 'Extreme Mermaid Dancer', led by creative artist Eva Rinaldi.
The Coney Island theme was once again a huge hit and Human Statue talent will be continuing to entertain patrons at the Zeta Bar on most Friday nights for the forseable future.
Very well done to everyone involved in the success of the Coney Island promotion and we're certain the titillating entertainment will keep patrons coming back for more.
It's all there for the taking at Hilton's little slice of paradise in Sydney's CBD and its you're big chance to see why 'Coney Island' is so popular the world over.
Promo...
Zeta Bar pushed the boundaries of cabaret, bringing the sexy mystique of 19th century underground back to life in Extreme Cabaret.
Extreme Cabaret was a delicious smorgasbord of fantasy and magic, wit and whimsy served with sides of lunacy and luxe, and very well lubricated with prohibition-style cocktails, mystifying molecular cocktails and delectable morsels.
About Zeta Bar...
As a progressive cocktail bar and exclusive escape in the Sydney CBD, Zeta changed the face of Sydney’s bar culture when it launched as part of Hilton Sydney in 2005. Today, Zeta has won multiple awards year on year for its bartenders, playful drinks, cocktail classics and seasonal, trend setting concepts; the latest of which being ‘Extreme Cabaret’.
Access to Zeta is via glass elevator at the Hilton Sydney entrance on George Street. Zeta boasts a chic, outdoor terrace overlooking the iconic Queen Victoria Building. A VIP lounge and selection of private booths and breakout areas in luxe purple and dark wood interiors underline Zeta as the CBD cocktail bar to be seen in and part of.
An exclusive escape for visiting international celebrities too, Jessica Simpson, Kimberley Stewart, James Blunt, Snoop Dogg and Nicole Ritchie have all partied at Zeta and regular Aussie A-listers include Jennifer Hawkins, Hugh Jackman, Ian Thorpe and Megan Gale.
Websites
Hilton Hotel Sydney
Zeta Bar
Human Statue Bodyart
Human Statue Bodyart Flickr
Eva Rinaldi Photography Flickr
Eva Rinaldi Photography
Media Man News
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Monday, October 08, 2012
Casinos of the world: Land based and online
Sin City Cleopatra Rambo The Godfather Sinatra The Terminator Thor Saturday Night Fever Unicorn Legend Palladium Slot
World Directory Global Gaming Directory World Casino Directory
Punters, here's 10 of the world's top land based casinos for you to mark down in your travel plans.
Monte Carlo, Monaco: Perched above the Mediterranean and bounded by the French
and Italian coastlines on either side, Monaco provides a spectacular and luxurious setting for the wealthy and the wannabees. Home to the Monaco Grand Prix and the legendary Casino de Monte Carlo, this isn't the place for those on a tight budget. The magnificent Casino hosts the annual European Poker Tour and was also the scene of several James Bond Films, including the original "Casino Royale" and "Golden Eye".
Paradise Island, Bahamas: Located just off the shore of the city of Nassau, Paradise
Island is best known for its sprawling 'Vegas-by-the-sea' resort, Atlantis. The resort spans seven acres along a lagoon, where guests can soak up the Caribbean sun and choose from a variety of outdoor gaming areas. When in need of a break from the tables, guests can enjoy the private beach or one of the resorts 20 sunlit pools.
Melbourne, Australia: As Australia's sporting and entertainment capital, Melbourne
offers the perfect option for high rollers looking for a local break. Aussies need look no further than Crown Casino on the southern bank of the Yarra River, which is one of the largest casino complexes in the southern hemisphere. The main gambling floor stretches more than half a kilometre and the casino was the first to introduce the new game Rapid Roulette, which allows players to place bets on a personal electronic touch screen connected to a central roulette wheel.
Macau, China: Known as the 'Monte Carlo of the Orient,' and the gambling capital of Asia, Macau now rivals Monaco and Las Vegas as one of the premier gambling destinations in the world. With no less than 33 casinos, in addition to local horse and greyhound racing venues, Macau is perfect for the betting junkie. The Wynn Macau casino is a standout, highlighted by 24-carat gold 'Tree of Prosperity' at the entrance, extravagant water displays and Moon Jellyfish Aquarium at reception.
Baden-Baden, Germany: Situated on the western foothills of the Black Forest and on the banks of the Oos River, Baden-Baden is not your typical casino town. However, in addition to its hot springs and picturesque countryside, the town is also known for its 200-year-old 'Spielbank' casino - the oldest of its type in Germany. With French chateau-style salons rooms named after historical figures such as Madame Pompadour and Louis XV's mistress, the quirky casino provides visitors with a very unique gaming experience.
Las Vegas, United States: With over 1700 licensed casinos in operation, Las Vegas offers the ultimate package for travellers who fancy a flutter. A visit to the famous 'Strip' is a must for any player, whether they're looking for a spin on the roulette table or a game of blackjack - this city has it all. The iconic Caesar's Palace hotel and casino offers 129,000 square feet of casino space plus an endless smorgasbord of entertainment, shopping and fine dining options, including Cleopatra's barge, a floating lounge perfect for a relaxing drink after a jam-packed night on the casino floor.
Manila, The Philippines: With a favourable exchange rate, Manila provides great value for Aussies wanting to live the high-life overseas. The city offers a range of shopping and entertainment options, along with a world-class casino at the Hyatt Hotel. Spread across three levels, the sparkling casino offers the newest in gaming facilities for both hotel guests and visitors, and is just a short distance from Manila's tourist hub.
Sun City, South Africa: Known as 'Africa's Kingdom of Pleasure,' this luxury resort and casino complex, just two hours from Johannesburg, boasts two large casinos, two 18-hole golf courses and a wildlife reserve. At the extravagant yet picturesque Palace of the Lost City, guests are treated to stunning valley views from the guestrooms, along with exclusive access to the Grand Pool. The nearby Sun City Casino is the entertainment Mecca of the resort, featuring a myriad of gaming options as well as an indoor jungle of native foliage and water fountains.
Atlantic City, United States: Regarded as the US's 'Las Vegas of the East', Atlantic City in New Jersey is renowned for its gambling, shopping and fine dining. Towering above the banks of the Atlantic Ocean, the Trump Taj Mahal casino is an icon of the city, with an on-site shopping district and an abundance of restaurants and bars. The 157,000 square-foot casino is also hard to miss, with 3,500 slot machines and 200 table games. Unveiled in 1990 by a number of celebrities, including the late Michael Jackson, the casino is the second-largest in Atlantic City and well worth a visit.
Genting Highlands, Malaysia: Nestled on the Titiwangsa mountain range, just an hour's drive from Kuala Lumpur and 6,000 feet above sea level, the Resorts World Genting offers 360-degree views of the surrounding countryside. This spectacular resort has first-class accommodation, dining and entertainment, while avoiding the hustle and bustle of a capital city. The on-site casino, which covers 200,000 square feet, is Malaysia's sole gaming venue and is divided into separate themed areas, such as Hollywood and Monte Carlo, for the ultimate gambling experience.
Online Casinos:
PartyCasino.com : The world's leading online casino brand and part of Bwin.Party Digital Entertainment. Play for free or play for money at PartyCasino.com New players get up to $3000 sign up bonus via Media Man.
VirginCasino.com : Virgin Casino is part of Virgin Games. The parent company is Virgin Enterprises Limited, the creation of the world's most famous and celebrated entrepreneur, Sir Richard Branson. Unfortunately the casino does not accept players from many countries due to what is known in legal circles as "grey areas". Most European players can play, but no Americans, Canadians, Australians or New Zealanders.
Captain Cooks Casino : Was once a very popular online casino with Australians and New Zealanders, however we understand these days they can only accept players from a few regions such as Europe, South Africa, Canada and South America.
PKR : Once only a 2D online poker room, they are now more 3D and offer online poker and a good range of online casino games, including classics, Marvel slots and table games.
Media Man's top online casino choice: PartyCasino.com PartyCasino is a multi-time Media Man 'Online Casino Of The Month' winner and have also won awards from EGR. Earlier this year PartyGaming merged with Bwin to create the worlds leading igaming company, Bwin.Party Digital Entertainment.
News
PartyCasino Gets New Games...
Aztec Gold, Atomic Fruit, Nag's To Riches and Fairies Forest. Check out the new games here.
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Friday, October 05, 2012
Zeta Bar Hilton Hotel presents Statue Of Liberty at Coney Island - 5th October 2012
Profiles
Human Statue Bodyart Hilton Hotel Sydney Entertainment Australia Property Hotels Promotions Publicity
The Hilton marquee Hilton reads: "Zeta`s "CONEY ISLAND" is our exciting new Friday Nights concept. Experience evenings of the unexpected, perfectly paradoxical and the weird and wonderful, with extravagant entertainment and a creative mix of classic cocktails with progressive and fun elements."
The Hilton Hotel franchise and our friends at the Zeta Bar were serious and they were back to the Coney Island theme again tonight, with a 'Statue Of Liberty' model (Victoria) for the evening's entertainment. The Statue Of Liberty in reality overlooks New York Harbour, but tonight she visited Coney Island - Zeta Bar style.
The action was all mixed with a specially concocted range of classic cocktails with a twist, like Cosmopolitan Candy Floss, Toffee Apple Martinis and Long Island Iced Tea snow cones and much, much more, with the 'Statue Of Liberty' model adding addition excitement.
The team at Human Statue Bodyart created the 'Statue Of Liberty', led by creative artist Eva Rinaldi.
The Coney Island theme was once again a huge hit and Human Statue talent will be continuing to entertain patrons at the Zeta on most Friday nights for the forseable future.
Very well done to everyone involved in the success of the Coney Island promotion and we're certain the titillating entertainment will keep patrons coming back for more.
It's all there for the taking at Hilton's little slice of paradise in Sydney's CBD and its you're big chance to see why 'Coney Island' is so popular the world over.
Promo...
Zeta Bar pushed the boundaries of cabaret, bringing the sexy mystique of 19th century underground back to life in Extreme Cabaret.
Extreme Cabaret was a delicious smorgasbord of fantasy and magic, wit and whimsy served with sides of lunacy and luxe, and very well lubricated with prohibition-style cocktails, mystifying molecular cocktails and delectable morsels.
About Zeta Bar...
As a progressive cocktail bar and exclusive escape in the Sydney CBD, Zeta changed the face of Sydney’s bar culture when it launched as part of Hilton Sydney in 2005. Today, Zeta has won multiple awards year on year for its bartenders, playful drinks, cocktail classics and seasonal, trend setting concepts; the latest of which being ‘Extreme Cabaret’.
Access to Zeta is via glass elevator at the Hilton Sydney entrance on George Street. Zeta boasts a chic, outdoor terrace overlooking the iconic Queen Victoria Building. A VIP lounge and selection of private booths and breakout areas in luxe purple and dark wood interiors underline Zeta as the CBD cocktail bar to be seen in and part of.
An exclusive escape for visiting international celebrities too, Jessica Simpson, Kimberley Stewart, James Blunt, Snoop Dogg and Nicole Ritchie have all partied at Zeta and regular Aussie A-listers include Jennifer Hawkins, Hugh Jackman, Ian Thorpe and Megan Gale.
Websites
Hilton Hotel Sydney
Zeta Bar
Human Statue Bodyart
Human Statue Bodyart Flickr
Eva Rinaldi Photography Flickr
Eva Rinaldi Photography
Media Man News
Website Network
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Zeta Bar Hilton Hotel presents Ms Coney Island Extreme Sailor Girl - 28th September 2012
Profiles
Human Statue Bodyart Hilton Hotel Sydney Entertainment Australia Property Hotels Promotions Publicity
The Hilton marquee Hilton reads: "Zeta`s "CONEY ISLAND" is our exciting new Friday Nights concept. Experience evenings of the unexpected, perfectly paradoxical and the weird and wonderful, with extravagant entertainment and a creative mix of classic cocktails with progressive and fun elements."
The Hilton Hotel franchise and our friends at the Zeta Bar were deadly serious and they were back to the Coney Island theme again tonight, with an 'Ms Extreme Sailor Girl' (Victoria) for the evening's entertainment.
The action was all mixed with a specially concocted range of classic cocktails with a twist, like Cosmopolitan Candy Floss, Toffee Apple Martinis and Long Island Iced Tea snow cones and much, much more, with with the 'Ms Extreme Sailor Girl' adding addition excitement.
The team at Human Statue Bodyart created the 'Ms Extreme Sailor Girl', led by creative artist Eva Rinaldi.
The Coney Island theme was once again a huge hit and Human Statue talent will be continuing to entertain patrons at the Zeta on most Friday nights for at least another month.
Very well done to everyone involved in the success of the Coney Island promotion and we're certain the titillating entertainment will keep patrons coming back for more.
It's all there for the taking at Hilton's little slice of paradise in Sydney's CBD and its you're big chance to see why 'Coney Island' is so popular the world over.
Promo...
Zeta Bar pushed the boundaries of cabaret, bringing the sexy mystique of 19th century underground back to life in Extreme Cabaret.
Extreme Cabaret was a delicious smorgasbord of fantasy and magic, wit and whimsy served with sides of lunacy and luxe, and very well lubricated with prohibition-style cocktails, mystifying molecular cocktails and delectable morsels.
About Zeta Bar...
As a progressive cocktail bar and exclusive escape in the Sydney CBD, Zeta changed the face of Sydney’s bar culture when it launched as part of Hilton Sydney in 2005. Today, Zeta has won multiple awards year on year for its bartenders, playful drinks, cocktail classics and seasonal, trend setting concepts; the latest of which being ‘Extreme Cabaret’.
Access to Zeta is via glass elevator at the Hilton Sydney entrance on George Street. Zeta boasts a chic, outdoor terrace overlooking the iconic Queen Victoria Building. A VIP lounge and selection of private booths and breakout areas in luxe purple and dark wood interiors underline Zeta as the CBD cocktail bar to be seen in and part of.
An exclusive escape for visiting international celebrities too, Jessica Simpson, Kimberley Stewart, James Blunt, Snoop Dogg and Nicole Ritchie have all partied at Zeta and regular Aussie A-listers include Jennifer Hawkins, Hugh Jackman, Ian Thorpe and Megan Gale.
Websites
Hilton Hotel Sydney
Zeta Bar
Human Statue Bodyart
Human Statue Bodyart Flickr
Eva Rinaldi Photography Flickr
Eva Rinaldi Photography
Media Man News
Website Network
Media Man Int
Media Man
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Media Man Entertainment
Tuesday, October 02, 2012
Crown Melbourne: That's entertainment, business and sports news; Melbourne Storm sponsorship pays off
Profiles
Crown Melbourne Crown Perth Melbourne Storm Entertainment Australia
Melbourne Storm wins the NRL grand final...
Melbourne is celebrating its second NRL Premiership after beating the Bulldogs 14-4 in the NRL Grand Final at a packed ANZ Stadium.
In a fiery match that was marred by a biting allegation, the Storm held on with an impressive defensive performance to keep the Bulldogs scoreless in the second half. It was just three years back, when the Melbourne Storm rugby league team was at its lowest point, James Packer's Crown group stepped in big time to become major sponsor the ambitious team. The rise to the top wasn't without scandal. Who can forget the sports betting scandals that plagued the league, including Storm, but they weathered the storm and rose to the top based on talent, training and hard work - not just money being thrown at them - but there is no doubt the team is more cashed up that most and has a vast reserve of resources. In August this year, Crown renewed its sponsorship of the Storm for another year, putting up a reported $1.5 million for the deal. Bottom line - the support and the hard work have paid off big time with the NRL premiereship. As Crown Limited top dog James Packer would agree - winners are grinners. Bulldogs fans - there's always next year but good luck - you will need it.
Baccarat deals big profit for Crown...
James Packer's strategy to lure Asian high-rollers to his revamped Crown Perth entertainment complex appears to be paying off in spectacular style after the casino's gross gaming revenue leapt 25 per cent to a record $634 million last financial year.
And it was baccarat, a card game wildly popular with Asian gamblers and the game of choice for so-called "whales", or wealthy high-stakes punters, that was almost solely responsible for the bumper result. Figures contained in the Gaming and Wagering Commission's annual report, tabled in State Parliament this week, shed light on Mr Packer's Perth gambling operation that is not provided in Crown's reports to the Australian stock exchange. They showed that gross revenue from gaming machines, blackjack, roulette and other casino games was only marginally up in 2011-12 compared with the previous financial year. Attendance at the casino and the number of gaming machines and tables were virtually unchanged. But gross revenue from baccarat exploded, doubling to $245 million. The record gaming revenue delivered $106 million in gambling taxes to State Government coffers. Crown did not comment on the figures, but casino operators in Las Vegas and Macau have relied increasingly on baccarat, a game of chance, to land the "whales" that can make or break a casino gaming operation. The Gaming and Wagering Commission, which regulates the operation of Crown Perth, will soon be asked to decide on Crown's application for an extra 500 gaming machines and 130 gaming tables, an application the State Government has indicated it will not oppose as part of a deal for Crown to build a new 500-room, six-star hotel. (The West Australian)
More trouble for Star City Casino owners' board...
ALAN KOHLER, PRESENTER: More ructions at the Echo Entertainment company, the one that owns the Star City casino in Sydney. Another board member, Brett Paton, quit this week and CEO Larry Mullin will leave in January. It looks to be falling apart, that place. And James Packer mustn't be able to believe his luck. So why was - what happened with Larry Mullin? Got sacked? ADELE FERGUSON, COMMENTATOR, THE AGE AND SMH: Well it appears to be so, despite the spin around it. They had a meeting on the Tuesday and the decision was made with - it was unanimous except for one director that he should go and the one director that was backing him resigned on the Wednesday. ALAN KOHLER: So is it good for Packer or not? ADELE FERGUSON: I think it is good for Packer because he's been pushing the line that Echo isn’t run very well, it hasn't got control of its finances - they had to have a big equity raising recently. So, yes, it sort of plays into Packer's hands, disruption, board unstable. There was a piece in the newspapers saying dysfunctional board. ALAN KOHLER: Yes. But Packer's obviously playing a long game to become the casino operator in Sydney as well as in Melbourne, right? IVOR RIES, SENIOR RESEARCH ANALYST, WILSOM HTM: Australia's casino king. ALAN KOHLER: Australia's casino king. He's patient. I mean, he could just launch a takeover offer for Echo, but he doesn't want to pay the money. ADELE FERGUSON: Well he’s - at the moment he's applied ... ALAN KOHLER: He’s applied, yes. ADELE FERGUSON: ... to go to 25 per cent. He has to get permission for that. So he’s not going to be screaming out, "I want to make a takeover bid" because the share price would go right up. So he's putting out that - a joint venture, and maybe that’s one of the options. If that doesn't work, then there possibly would be a takeover bid. IVOR RIES: And trying to go past 25 per cent, doesn't there have to be some sort of Government inquiry or something into whether he's allowed to do that or not? ADELE FERGUSON: Well, there’s already the Government inquiry into him going to 25 per cent. Any time they have to go above in 5 per cent increments ... IVOR RIES: So it’s not going to be resolved overnight. It’s going to take a - be a long, slow process. ADELE FERGUSON: That’s right. And he would not want the share price to be running away. (ABC)
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Crown Melbourne Crown Perth Melbourne Storm Entertainment Australia
Melbourne Storm wins the NRL grand final...
Melbourne is celebrating its second NRL Premiership after beating the Bulldogs 14-4 in the NRL Grand Final at a packed ANZ Stadium.
In a fiery match that was marred by a biting allegation, the Storm held on with an impressive defensive performance to keep the Bulldogs scoreless in the second half. It was just three years back, when the Melbourne Storm rugby league team was at its lowest point, James Packer's Crown group stepped in big time to become major sponsor the ambitious team. The rise to the top wasn't without scandal. Who can forget the sports betting scandals that plagued the league, including Storm, but they weathered the storm and rose to the top based on talent, training and hard work - not just money being thrown at them - but there is no doubt the team is more cashed up that most and has a vast reserve of resources. In August this year, Crown renewed its sponsorship of the Storm for another year, putting up a reported $1.5 million for the deal. Bottom line - the support and the hard work have paid off big time with the NRL premiereship. As Crown Limited top dog James Packer would agree - winners are grinners. Bulldogs fans - there's always next year but good luck - you will need it.
Baccarat deals big profit for Crown...
James Packer's strategy to lure Asian high-rollers to his revamped Crown Perth entertainment complex appears to be paying off in spectacular style after the casino's gross gaming revenue leapt 25 per cent to a record $634 million last financial year.
And it was baccarat, a card game wildly popular with Asian gamblers and the game of choice for so-called "whales", or wealthy high-stakes punters, that was almost solely responsible for the bumper result. Figures contained in the Gaming and Wagering Commission's annual report, tabled in State Parliament this week, shed light on Mr Packer's Perth gambling operation that is not provided in Crown's reports to the Australian stock exchange. They showed that gross revenue from gaming machines, blackjack, roulette and other casino games was only marginally up in 2011-12 compared with the previous financial year. Attendance at the casino and the number of gaming machines and tables were virtually unchanged. But gross revenue from baccarat exploded, doubling to $245 million. The record gaming revenue delivered $106 million in gambling taxes to State Government coffers. Crown did not comment on the figures, but casino operators in Las Vegas and Macau have relied increasingly on baccarat, a game of chance, to land the "whales" that can make or break a casino gaming operation. The Gaming and Wagering Commission, which regulates the operation of Crown Perth, will soon be asked to decide on Crown's application for an extra 500 gaming machines and 130 gaming tables, an application the State Government has indicated it will not oppose as part of a deal for Crown to build a new 500-room, six-star hotel. (The West Australian)
More trouble for Star City Casino owners' board...
ALAN KOHLER, PRESENTER: More ructions at the Echo Entertainment company, the one that owns the Star City casino in Sydney. Another board member, Brett Paton, quit this week and CEO Larry Mullin will leave in January. It looks to be falling apart, that place. And James Packer mustn't be able to believe his luck. So why was - what happened with Larry Mullin? Got sacked? ADELE FERGUSON, COMMENTATOR, THE AGE AND SMH: Well it appears to be so, despite the spin around it. They had a meeting on the Tuesday and the decision was made with - it was unanimous except for one director that he should go and the one director that was backing him resigned on the Wednesday. ALAN KOHLER: So is it good for Packer or not? ADELE FERGUSON: I think it is good for Packer because he's been pushing the line that Echo isn’t run very well, it hasn't got control of its finances - they had to have a big equity raising recently. So, yes, it sort of plays into Packer's hands, disruption, board unstable. There was a piece in the newspapers saying dysfunctional board. ALAN KOHLER: Yes. But Packer's obviously playing a long game to become the casino operator in Sydney as well as in Melbourne, right? IVOR RIES, SENIOR RESEARCH ANALYST, WILSOM HTM: Australia's casino king. ALAN KOHLER: Australia's casino king. He's patient. I mean, he could just launch a takeover offer for Echo, but he doesn't want to pay the money. ADELE FERGUSON: Well he’s - at the moment he's applied ... ALAN KOHLER: He’s applied, yes. ADELE FERGUSON: ... to go to 25 per cent. He has to get permission for that. So he’s not going to be screaming out, "I want to make a takeover bid" because the share price would go right up. So he's putting out that - a joint venture, and maybe that’s one of the options. If that doesn't work, then there possibly would be a takeover bid. IVOR RIES: And trying to go past 25 per cent, doesn't there have to be some sort of Government inquiry or something into whether he's allowed to do that or not? ADELE FERGUSON: Well, there’s already the Government inquiry into him going to 25 per cent. Any time they have to go above in 5 per cent increments ... IVOR RIES: So it’s not going to be resolved overnight. It’s going to take a - be a long, slow process. ADELE FERGUSON: That’s right. And he would not want the share price to be running away. (ABC)
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