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Man Group Ramps Up Gaming, iGaming, eSports,Sports Betting, Poker and Daily Fantasy
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event promotions - Media Man Int and Media Man Australia showcase online Directory partycasino
accepts players from most parts of the world. In 2010 PartyCasino may be able
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Poker Tour accepts players from most parts of the world - profile Noble
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GetMinted
accepts players mainly from Europe. No U.S players
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accepts players from most past of the world. No U.S players - profile Centrebet
accepts players from most parts of the world. Mainly sports betting - profile Land
Based Casinos Of The World Monte
Carlo, Monaco: Perched above the Mediterranean, Monaco provides a spectacular
setting. Home to the Monaco Grand Prix and the Casino de Monte Carlo, it is not
the place for those on a tight budget. Paradise
Island, Bahamas: Paradise Island is best known for its sprawling resort, Atlantis,
which spans 2.8ha along a lagoon. Guests can choose from a variety of outdoor
gaming areas. Away from the tables, there is a private beach and 20 pools. Melbourne,
Australia: Crown Casino, on the banks of the Yarra River, is one of the largest
casino complexes in the southern hemisphere. The main gambling floor stretches
for more than half a kilometre. Macau,
China: The gambling capital of Asia, Macau has 33 casinos, plus horse and greyhound
racing venues. The Wynn Macau casino has a 24-carat gold Tree of Prosperity at
the entrance. Baden-Baden,
Germany: 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. 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. Manila,
The Philippines: Manila offers a range of shopping and entertainment options,
along with a world-class casino at the Hyatt Hotel, t a short distance from Manila's
tourist hub. Sun
City, South Africa: This luxury resort and casino complex, just two hours from
Johannesburg, boasts two large casinos, two 18-hole golf courses and a wildlife
reserve. Sun City Casino is the entertainment Mecca of the resort, featuring an
indoor jungle of native foliage and water fountains. Atlantic
City, United States: Atlantic City in New Jersey is renowned for its gambling,
shopping and fine dining. The Trump Taj Mahal casino has an on-site shopping district
and an abundance of restaurants and bars. Genting
Highlands, Malaysia: Nestled on the Titiwangsa mountain range, just an hour's
drive from Kuala Lumpur and 6000 feet above sea level, the Resorts World Genting
offers 360deg views of the surrounding countryside. The on-site casino, which
covers 200,000 square feet, is Malaysia's sole gaming venue. News PartyCasino,
PartyPoker And Bwin.Party Digital Entertainment News - 1st July 2011 Online
gaming companies in for huge 2011, by Greg Tingle - 23rd November 2010 Could
online gaming firms be in the mix of the top stockmarket investments to make in
2011? The listing
of Betfair (BET) at the conclusion of October on a fancy multiple and the $3.3
billion megamerger between PartyGaming and Bwin (PRTY), due to complete in the
first quarter of 2011, appears to have added spark to the industry of late. Then
there is the prospect, albeit slight, of the liberalisation of the US igaming
market which has put the industry firmly on investors' watch list, including ours,
for next year. It
is understandable, as even a snapshot look at the stockmarket gains of the worlds
biggest online gaming companies between circa 2004-2006 reveals just how quickly
fortunes were made and lost. The
iGaming Global Top 30 Index, an index of the stockmarket performance of the biggest
30 online gaming companies, surged 40% between July 2004 and August 2005. This
was followed by 12 months of extreme volatility before sinking thanks to a controversial
piece of legislation in the US. Since
2006, online gamings real story has been dominated by Americas Unlawful
Internet Gambling Enforcement Act (UIGEA). The
multibillion-pound global industry virtually collapsed in a heap after its biggest
market - the US - was closed down overnight when Congress introduced a surprise
clause to legislation in September 2006, in effect making internet betting illegal.
Not only was that a blow for investors - it was a hugely expensive one. British-based
companies were among the biggest casualties. As
soon as the London Stock Exchange opened the following Monday morning, shares
in PartyGaming - then a FTSE 100 member - dived by 58%, while rivals 888 Holdings
(888) and Sportingbet saw their shares slide by 26% and 64% respectively, wiping
an estimated £4 billion off the sector's value. The
companies were forced to focus on opportunities in other parts of the world, but
the businesses have never fully recovered from the impact of losing their most
lucrative market. Last year, online gambling was worth an estimated $5.4 billion
(£3.5 billion) overall, a figure that could rise to $12-$16 billion if the
market was opened up, analysts say. Despite
the recent loss of a sympathetic Democrat majority in Congress last month, there
is renewed hope of floated gambling companies being dealt a good hand on both
sides of the Pond. The
new Republican chairman of the House financial services committee is likely to
be an old-style Alabaman named Spencer Bachus. Yet
he is likely to listen to the prospects of a reinvigorated gambling sector for
the ailing US economy. The Federal governments non-partisan accountants,
the Joint Committee on Taxation, have estimated online gambling could generate
between $10 billion and $42 billion in new revenue by 2019, depending on the number
of states that opt into a federal regulatory programme. Yet
he is likely to listen to the prospects of a reinvigorated gambling sector for
the ailing US economy. The
Federal governments non-partisan accountants, the Joint Committee on Taxation,
have estimated online gambling could generate between $10 billion and $42 billion
in new revenue by 2019, depending on the number of states that opt into a Federal
regulatory programme. And
you can see why if you glance at the forecast numbers. With
the US nationwide unemployment rate at 10%, 48 of 50 states facing budget shortfalls
and a Federal deficit approaching $1.3 trillion, the economic backdrop against
which to promote regulation and taxation of internet gambling has arguably never
been more favourable. Yet
those companies poised to get a real boost should America legalise online gambling,
such as the impressive PartyGaming/Bwin combine, are getting excited about the
future. "We
are seeing things from a legislative perspective that are quite exciting for us,"
says Jim Ryan, chief executive of PartyGaming, whose comments undoubtedly reflect
the mood of a growing contingent of gambling operators on both sides of the Atlantic. There
has been speculation that PartyGaming and Bwin have decided to merge at this time
precisely because they will be better placed than any other operator to seize
a huge market share should the US decide to legalise online gambling. You only
have to look at the market share that Party was able to capture by becoming one
of the first operators into the online poker market back in 2001. Analysts
agree the enlarged company is in a strong position to exploit the opening up of
the US market. In
a note to investors recently, the Morgan Stanley leisure analyst Vaughan Lewis
said: "The overall political tide is moving firmly in favour of regulation,
rather than prohibition. "With
its expertise... market-leading technology, strong marketing capability and good
brands, we think the combined entity of PartyGaming and Bwin would be extremely
well positioned to benefit from any market opening in the US. We include nothing
in our forecasts for the US, so any new market here is pure upside." And
in a recent Barclays Capital research note, the investment bank said: "In
the event of Federal regulation, we believe PartyGaming would be the likely key
beneficiary. "Under
this hypothetical scenario, we estimate the potential [underlying profits] uplift
could be 94% for PartyGaming and 58% for Bwin and 888. On a state-by-state hypothetical
scenario, we estimate the uplift for the group would be considerably lower, but
still meaningful." Meanwhile,
at the end of October analysts at Numis published a note saying there is 50% upside
potential at Party when the merger with Bwin completes in March 2011. With the
shares trading at around 230p at the beginning of November Numis have put a price
target of 400p on the stock. The
PartyGaming/Bwin merger has got the other big companies in the sector scurrying
around to do similar deals. They don't want to be left behind in what will become
a gold rush should the US legalise online gaming. 888
and Sportingbet are also possible future takeover targets as the industry consolidates,
but only once their legal liabilities in the US market are cleared. Serious negotiations
in the PartyGaming/Bwin merger were only concluded once Party had secured a $105
million settlement with US authorities. Analysts
say a resolution would clear the way for 888 and Sportingbet to re-enter the lucrative
US market should moves to overturn the 2006 legislation succeed. Sportingbet
has already acted telling shareholders at its latest results meeting that it had
made a £22.8 million settlement with the US Department of Justice over an
investigation into illegal internet gambling. The agreement means the firm will
avoid being prosecuted in the US for accepting online bets made by Americans between
1998 and 2006. Sportingbet
would hold the most appeal to potential bidders, analysts reckon, pointing to
its very strong market positioning in Australia and commenting that Ladbrokes
(LAD) and William Hill (WMH) could be interested in a takeover. Liberum
Capital analyst Richard Taylor recently highlighted the strength of Sportingbets
sports betting business, which he said had one of the best gross margins in the
sector at around 10%. In addition, he said Sportingbets management was open
to a bid, having previously stated up to 55% of their cost base could be removed. Another
former giant of the sector, now somewhat depleted thanks to the UIGEA, is 888. Analysts
say 888's attraction would be the potential for cost savings in a tie-up with
a rival online gaming operator, and that Party/Bwin might be a possible buyer.
What would make it attractive is that both Party and Bwin use 888 as a supplier. However,
the Shaked family who founded the company, and who control over 50% of the shares,
would be looking for a price significantly above the 40p at which the company
currently trades. There
have been whispers among London traders in the last few weeks that a £262
million, or 76p a share, cash bid from a much bigger industry player, possibly
US entertainment giant Harrah's, which already has close business links with 888
could be on the cards. Certainly
888 chief executive Gigi Levy has said recently that he looks at consolidation
as one of the possible routes to realising shareholder value. Another
giant of the industry looking to become bigger still is the mighty Betfair. Having
listed on the LSE at the end of October at 1,300p, the shares soon touched 1,600p-plus,
as tracker funds piled in confident it will canter into the FTSE 250 index at
the December review with a market value above £1.6 billion. If
things are hotting up at the Federal level for the online gaming industry there
are also some exciting developments at state level. So
far in 2010, four states have considered whether or not to legalise some combination
of online poker, casino gaming and sports betting: Iowa, Florida, California and
New Jersey. The
state making most headway is New Jersey, where internet gambling has been under
consideration by lawmakers since 2001. It is finally receiving serious consideration
in the state Senate where two bills, which would legalise internet sports betting
and casino gaming respectively, have already passed the committee stage this year. From
California to New Jersey to Florida, more state and federal congressmen are taking
the reality of a legal online gambling regime a lot more seriously. Whoever
wins the race, state or federal, one thing is clear: more and more stakeholders
in the US are finally coming around to understand the risks and implication of
a do nothing strategy. This is an opportunity cost and gambling companies
are getting their bets on regardless. But
ongoing political deadlock clearly poses a real threat to regulatory efforts at
all levels of American government. But even as gambling industry stakeholders
duke it out in the halls of legislatures around the country, as well as on Capitol
Hill in Washington, the very fact that the conflict between them is intensifying
signals that interest and investment in pushing for online gaming regulation is
rising. With billions
of dollars out there to harvest and market share to win, the entire online gaming
sector looks ripe for an upturn in coming months. Investing in online gaming companies
has always been a white knuckle ride - and there looks to be every sign this particular
circus is once again rolling back into town. News Article Eight
Casinos To Welcome In The New Year Many
people think that 2011 will be a lucky year. Online gaming site GR88 has listed
their top eight casinos and resorts where travelers can spend the new year. "The
GR88 team looks forward to an outstanding year, filled with great success for
all of our loyal players," said Charles Exeter, GR88 spokesperson. "With
our players in mind, we are pleased to list the eight greatest casinos to ring
in the New Year." 1-
Crown Casino, Melbourne Australia.
Get a jump on the new year at this casino's annual celebration that will include
three difference party arenas, mixing the tracks of the best DJ's in the world
such as Finlo White, Phil Ross, Tate Strauss, Joe Sofo and Kitty Kat, Jono Earle
& Chris Mac. The casino's New Year celebration will include stunning burlesque
dancers, cocktail specials and giveaways all night long. 2-
The Palms, Las Vegas, Nevada. In addition to
its over-the-top suites, the Palms also offers a wide list of events in its nightclubs.
Their 30 Seconds to Mars NYE Package includes two nights in a Palms Deluxe room,
two concert tickets and four free drinks at any casino bar starting from $850. 3-
The Venetian Macao resort on China's
Cotai Strip is modeled after its Las Vegas sister hotel and features largest casino
in the world with over 550,000 square feet of gaming. This year's events include
a party at Blue Frog bar and grill and shows at the ZAIA Cirque du Soleil theater. 4-
Sun
City, South Africa offers a variety of New Year's Eve options in an exotic
setting. The resort has four hotels and a wave pool, and also offers safaris in
its own private park as well as golf and of course, for this list, a lavish casino.
There are 340 air-conditioned rooms and suites and several different restaurants
and bars. 5- Atlantis
Resort, Bahamas. The Atlantis resort often makes the list of ideal places
to spend your New Year's Eve. In addition to white sand beaches, oodles of pools
and lavish accommodations, the resort is home to the largest casino in the Caribbean
with 980 slot machines and 78 gaming tables including baccarat, roulette, craps,
blackjack and Caribbean stud poker, and a high limit table area called the Baccarat
Lounge. 6- Casino
de Monte Carlo, Monaco. The classic choice for a lavish and legendary New
Year's Eve celebration is the Casino de Monte Carlo. It was designed by Charles
Garnier, the architect of the Paris Opera, and its lobby features a marble-paved
atrium with 28 Ionic columns as well as lavish bronze and gold ornaments. The
casino features 316 slot machines and 35 tables for Roulette, craps, and blackjack. 7-
Casino Metropol, Moscow, Russia. You
probably wouldn't think of Russia for casinos but the Casino Metropol, part of
the Hotel Metropol is located just a few minutes from the Red Square and the Kremlin.
The 24-hour casino also features 11 tables with blackjack, roulette and poker. 8-
St. James Club, Mamora Bay, Antigua.
The main attraction here isn't the casino, it's the warm weather and beautiful
beaches. The St. James Club is a high-end resort is nestled on a 100-acre private
peninsula, with the sea bordering three sides of the resort. The resort has plenty
of options for everyone: and at night there's the disco and the small but glamorous
casino, which is the place to gamble on the island. (Credit:
Luxist) News Virgin
Gaming Count Down, by Greg Tingle - 28th May 2010 Richard
Bransons next major project is entitled Virgin Gaming. Full
details are not yet available, however Media Man has it on good advise that this
is going to be one of the biggest things to come out of Virgin and Virgin Games
for the next decade or so! Branson
himself will be launching the product - service in LA on the 15th June. The
world awaits Virgin Gaming loosing its Virginity. Global
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