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Tuesday, December 28, 2010

PartyGaming and bwin to Retain Brands Following Merger

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

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

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

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

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

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

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

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

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Sunday, December 26, 2010

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

PartyCasino.com Wins Media Man Online Casino Award

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

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

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

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

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

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

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

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

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

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

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

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

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Sunday, December 19, 2010

Casino News Media: PartyGaming's casino keeps year on track, by Greg Tingle

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PartyGaming, the internet gambling firm that's merging with rival bwin, has traded in line with expectations during the fourth quarter, with a stronger casino business offsetting weakness in poker and bingo.

The company said trading since the end of September has been "solid" overall, thanks mainly to casino’s double-digit growth in average daily gross revenue versus the third quarter.

There was also growth at the poker business quarter on quarter, but the usual seasonal pickup has been "less pronounced" due to the euro’s strength against the dollar. Both bingo and sports are down on Q3.

But clean earnings before interest, tax, depreciation and amortisation (EBITDA) margins for 2010 remain in-line with previous guidance of 27-28%.

And the company is excited about the possibility of online gaming being regulated in the US both at the Federal and State level. If it goes through, the group is "well advanced" in talks with licensed companies in the US that could create "substantial" value.

"The proposed merger with bwin remains on-track to complete at the end of the first quarter and should place the combined group in a strong position to take advantage of the changing regulatory landscape in Europe given its leadership positions across all key product verticals," boss Jim Ryan said.

Press Release

PartyGaming Plc ("PartyGaming" and, together with its subsidiaries, the "Group") Pre-Close Trading Update

Revenue overall has been in-line with expectations with a strong performance in casino mitigated by a softer seasonal performance in poker and bingo
Clean EBITDA margins for 2010 expected to be in-line with previous guidance
Prospective regulation in new markets offers exciting medium to long-term revenue potential that may require additional investment
Merger with bwin remains on track

Trading since the end of September 2010 has been solid overall with a particularly strong performance in casino that has enjoyed double-digit growth in average daily gross revenue versus the third quarter, driven by growth in both turnover and hold. Poker has also seen growth in average daily gross revenue over the third quarter, although the usual seasonal pickup has been less pronounced than in previous years due to the strengthening of the euro against the US dollar. In bingo, average gross daily revenue has grown versus the current trading data reported at the time of our Q3 KPIs, but remains lower than the third quarter. This is due to the strengthening of the euro against sterling and seasonality, as UK-based bingo players typically reduce their spend in the run-up to Christmas. While sports betting has continued to deliver a solid performance in the period, the benefit of the World Cup during the third quarter as well as a favourable series of results for punters has meant that average daily gross revenue in sports is down versus the third quarter.

In respect of margins, we expect that full year Clean EBITDA margins for 2010 will remain in-line with our previous guidance of between 27% and 28%.

An increasing number of territories are now actively exploring the merits of a regulatory framework for online gaming. In Europe, the Group is continuing to monitor closely Germany, Greece, Holland, Denmark and Spain as well as other countries. Whilst the shape and scope of any such regulations is not yet known, should some of these markets move to regulate, additional gaming taxes and investment may be required to ensure that the Group’s long-term revenue potential is maximised.

There continues to be much movement in the US towards regulating online gaming both at the Federal and State level. Should the requisite legislation be enacted, the Group is well advanced in discussions with licensed companies in the US that could create substantial value for the Group’s shareholders.

Proposed Merger with bwin

It is expected that the shareholder documents associated with the proposed merger will be issued shortly with an extraordinary general meeting of shareholders expected to be convened for late January 2011. The proposed merger remains on course to complete during March 2011.

Commenting on today’s announcement, Jim Ryan, Chief Executive Officer, said:

"Revenues in the fourth quarter have enjoyed their usual seasonal upturn. Casino has performed particularly strongly with double-digit revenue growth over the third quarter, although currency movements meant that the uplift in poker has been less pronounced than usual. Clean EBITDA margins are expected to be in line with our previous guidance for 2010.

"The proposed merger with bwin remains on-track to complete at the end of the first quarter and should place the combined group in a strong position to take advantage of the changing regulatory landscape in Europe given its leadership positions across all key product verticals."

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Virgin Casino Introduces Crocodopolis and The 100,000 Pyramid

Virgin Casino Introduces Crocodopolis and The 100,000 Pyramid

Virgin Casino and Virgin Bingo, part of the leading online gaming company - Virgin Games - have launched two new games this week, Crocodopolis by NextGen and The 100,000 Pyramid by Wagerworks.

Featuring on Virgin Casino and Virgin Bingo is Crocodopolis, a 5-reel, 25-payline slot. The Ancient Egypt themed game features the Croc pharaoh, whose realm is Crocodopolis. Crocodopolis brings a new concept to slots with its unique Slide a Wild feature. Slide a Wild allows the player to choose how volatile the game is, as they position and determine in which reels they want the wild symbols to appear. The more a player moves the slider away from reel one, the more powerful the wild symbols become and the bigger the wins.

The 100,000 Pyramid features on Virgin Casino. This new game, based on the hit TV game show in the US, follows on from its successful predecessor, The 50,000 Pyramid. The game features 15-paylines of fantastic game show fun where players can win up to 100,000x their bet. Score three or more Winner's Circle symbols to climb the Pyramid, earning free spins or multipliers with every pick.

Warren Eloff, Head of Products at Virgin Games, commented: "It's great to be introducing these new titles this week. The 50,000 Pyramid has been a huge hit with our players so we have high hopes for its successor. The variety we provide our customers is a key priority of Virgin Games, and adding these new games enhances the great choice we offer, making ours one of the most exciting online casinos around."

Founded in 2004, Virgin Games has over 1,000,000 players and over 250 games on its site. Through the introduction of a custom built Virgin Games platform in 2008, Virgin Games seeks to provide its players with the widest possible choice of casino games. A growing selection of games can be found at Virgin Games from a number of producers including Microgaming, WagerWorks, Cryptologic, Freemantle and Ash Gaming.

*Sorry, no U.S, Australian or Canadian players. Please see World Casino Directory

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About Virgin Games:

Virgin Games launched in June 2004 and has quickly established itself as one of the leading gaming websites in the UK. Virgin Games comprises three distinct offerings:

- Virgin Casino, offers content from a range of games suppliers including WagerWorks, Microgaming, Cryptologic, Freemantle and Ash Gaming, bringing consumers classic casino games like Blackjack and Roulette, as well as great feature slots like Monopoly, Rubik's, X-Factor and the highly popular MegaJackpots progressive games.

- Virgin Poker, part of the Boss Media network, offers a huge array of games and content for beginners through to experienced pros - as well as the most generous loyalty scheme in the industry.

- Virgin Bingo, part of the Virtue Fusion network, offers cash prizes worth thousands of pounds in the progressive jackpots, as well as Virgin prize bingo and a range of unique Virgin Games bingo games.

*Media Man http://www.mediamanint.com conducts b2b with Virgin Games, as they do with dozen of companies in the entertainment, gaming and media sector.

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Tuesday, December 14, 2010

Multi Currency Casino Website Network Updated

Multi Currency Casino Website Network Updated

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Saturday, December 11, 2010

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

PartyCasino.com Wins Media Man Online Casino Award

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

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

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

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

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

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

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

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

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

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

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

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

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Wednesday, December 8, 2010

Casino News Media: PartyCasino Players Celebrate The Best Game Releases of 2010, by Greg Tingle - 7th December 2010

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PartyCasino.com is preparing to celebrating a massive year of awesome game releases with a 'Games of the Year' promotion scheduled to take place from December 16th to the 22nd. Opt-in to the promotion and you will be able to take advantage of a special money back guarantee on 10% of any losses made while playing any of the casino's 'Games of the Year' collection.

Only bets made during the promotional period will count towards a cashback bonus. Players can opt-in at any time during the promotion and regardless of when you register for the event all of your game play from the beginning of the promotion will count towards the cash back amount. Regular players can earn up to $300 cashback and VIP players can earn up to $500. All cash-back bonuses will be awarded as a cash bonus and requires no deposit.

Only bets on the 'Games of the Year' titles will count towards your bonus. The full list of games eligible for this prom is Festive Fortune$, Snow Business, Kung Food, Glamour Puss, Safari Soccer, Circus, Jail Break, Slotblox, Rubik's Cube, Amazon Wild, Alice's Wonderland, Heist, Shaaark Super Bet, Crocodopolis, Unicorn Legend, Chain Reactors, Super Cubes, Cash Drop, Final Score, Midas Millions, Chest of Plenty, Once upon a time, and Melon Madness.

PartyCasino has been providing players with world class online entertainment for more than decade. New players can get a 100% welcome bonus of up to $3,000 to play slots, and PartyGaming has some of the world's best including many exclusives.

PartyCasino has a number of awards and commendations to its name including Media Man and Casino News Media 'Online Casino Of The Month' and EGR 'Slots Operator Of The Year'. PartyGaming was established in 1997 and is listed on the London Stock Exchange.


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Friday, December 3, 2010

Online gaming companies in for huge 2011, by Greg Tingle

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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 world’s 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 gaming’s real story has been dominated by America’s 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 government’s 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 government’s 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 Sportingbet’s sports betting business, which he said had one of the best gross margins in the sector at around 10%. In addition, he said Sportingbet’s 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.

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Monday, November 29, 2010

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

Multi Currency Casino

PartyCasino.com Wins Media Man Online Casino Award

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

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

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

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

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

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

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

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

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

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

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

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

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Saturday, November 27, 2010

Casino Cheat Gang In Court: Australia, Italy, UK, USA..., by Greg Tingle - 28th November 2010

G'day punters, casino and gambling millionaires and billionaires, poker nuts, politicians, super whales, journalists, politicians... (and cheats!) one and all. Two of the world's most successful casino cheats have been stopped in their tracks, sort of, having had their day in court. They hit Australia, Britain, China, Italy and god knows where else, cheating casinos across the globe out of millions of dollars. Media Man and Gambling911 play Pink Panther, and Cluedo and Heist with this special report...

Two of the world's most successful international casino cheats have had their day in court.

The rumour mill says the duo, understood to be part of a larger casino crime group, enjoyed time down under in Australia, having a soft spot for both Crown Casino in Melbourne and Star City Casino in 'Sin City' Sydney.

Last Friday they faced court and admitted they possessed hell of a lot of fake IDs, which they used in land based casinos they were banned from across the world. It's understood they didn't target online casinos.

Using a clever global strategy, the pro active gang upper ranked Francesco Baioni, 64, and Frank Camilleri, 61, travelled the world cheating casinos out of a bucket load of money.

Police and other law enforcement had described them as "notorious" and "professional". The crooks have served time in America after cheating their way to "vast" amounts of cash.

Baioni, of Rackstraw House, Primrose Hill, was handed down a 12-month sentence suspended for 18 months. Camilleri, of Derrick Road, Beckenham, was sentenced to nine months suspended for the same duration.

Both were also issued with an 18-month curfew between 11pm and 6am and were barred from all premises regulated by the Gambling Commission for 18 months.

Police would not discuss the tactics that landed the Italian duo so much money over the years but did reveal they had operated in countries including China, Australia America and Britain.

Roulette is understood to be a favorite of the duo, and industry talk is one of them would distract the dealer, and the other would move chips on the table into winning positions.

Both were busted on CCTV cameras at various central London casinos conducting reconnaissance visits, testing the water, and attempting to sign up for membership, using false identities. In one case, Baioni was filmed being refused membership at a casino after the false identity he was attempting to use was flagged up on the operator's computer system as "barred".

The daring pair were caught following an intelligence-led operation by officers from the Metropolitan Police Service's Human Exploitation and Organised Crime Command. On August 9 search warrants were executed at their homes and Baioni was arrested.

Detectives discovered "a large quantity" of fake Italian identity papers containing pictures of Baioni and Camilleri. All had false names.

There were also tons of false identities awaiting pictures and individual passport photographs of both fellas prepared to be attached to the documentation. On August 23 Camilleri was arrested at Gatwick Airport when he flew back from Malta.

Casino crooks and shady figures in the gambling industry have often come unstuck at airports, and this helps explain why some casino tycoons in the likes of Malta, Cyprus and Antigua do not travel on commercial airliner. Sometimes their private aircraft have also been intercepted.

Both crooks were charged and just last month Baioni admitted 9 counts of possessing false documents with intent, possessing articles for use in fraud, and making articles for use in fraud. Camilleri admitted 8 counts of possessing false ID documents with intent.

Remember, crime doesn't pay, unless you're very good at it. You're throw of the dice.

Awards...

It's been a big month for casino awards. Ok, as you read earlier, Macau's Altira Macau was awarded the prestigious Forbes Five Star Ratings for the second year in a row, so Packer and the Ho family continue to work their magic.

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

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Wrap Up...

Readers... er, punters, how did you like our report? Did you enjoy learning all about the international casino fraudsters? Tell us in the forum.

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

*Greg Tingle is a special contributor for Gambling911

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

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Friday, November 26, 2010

Win A Dream Holiday And Guaranteed Entry Into WPT Celebrity Invitational; PartyCasino Big One Near $3 Million

Win A Dream Holiday And Guaranteed Entry Into WPT Celebrity Invitational; PartyCasino Big One Near $3 Million

‘The Big One’ at PartyCasino.com is nearing $3,000,000 while the accumulated jackpots on the world’s largest online casino are nearing $4,000,000! ‘The Big One’ is structured as a five tiered pool. The highest tier - Colossal Cash - seeds at $1.5 million, the biggest online jackpot seed in the industry, and currently stands at $2,840,000. Customers can play for ‘The Big One’ through traditional slot Melon Madness and the recently introduced Snow Business. Somebody is going to win very big!
PartyPoker.com recently introduced anonymous heads-up tables. How does that change your game? We asked Kara Scott et all for their views.

Win A Dream Holiday And Guaranteed Entry Into WPT Celebrity Invitational

Gibraltar – 16th November 2010 -- PartyPoker.com is offering customers the opportunity to indulge themselves in the world of the rich and famous by winning a four-day dream holiday to Los Angeles, including a seat in the prestigious WPT Celebrity Invitational at the Commerce.
A PartyPoker.com spokesman said: “Win one of our amazing prize packages and we’ll make sure you live it up in one of the coolest cities on the planet. Last year we took package winners on a tour of Hollywood and Beverley Hills as well as organising a fun-filled day at the world-famous Universal Studios – and this time it could be you experiencing the A-list lifestyle. As well as the sightseeing you’ll also get a seat at the exclusive WPT Celebrity Invitational. This event is packed full of celebrities and big names from poker but we’ve made sure our winners will have their place among the elite for a chance to win a major slice of the $200,000 prize pool.”
"These packages are sure to be popular. We don’t know how many of the 14 packages we’ll give away in each weekly satellite so remember, once they’re gone they’re gone and the promotion will be over."
PartyPoker.com’s Los Angeles packages include:
Four nights’ hotel accommodation
$2,000 spending money
Our world-renowned hospitality throughout your stay in Los Angeles
Guaranteed entry to the WPT Celebrity Invitational

There are a wide range of daily qualifiers that run until the 19th December or until 14 packages are given away. Daily freerolls mean there is the chance to win the trip to LA for free!
The WPT Celebrity Invitational is the curtain raiser for the LA Poker Classic and takes place on the 18th – 19th February 2011 – the event is overseen by WPT Executive Tour Director Matt Savage. The event is strictly invite only. Amongst the celebrities spotted in the field in 2010 were Ricki Lake and Terri Hatcher, with reality star Trishella Cannatella and poker pro Thor Hansen making the final table. Amateur Leron Washington took the $100,000 first prize.
Full information can be found at: PartyPoker.com
Please note that players have to be 21 to take part in the WPT Celebrity Invitational.

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Tuesday, November 23, 2010

Online gaming companies in for huge 2011, by Greg Tingle - 23rd November 2010

Online gaming companies in for huge 2011

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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 world’s 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 gaming’s real story has been dominated by America’s 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 government’s 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 government’s 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 Sportingbet’s sports betting business, which he said had one of the best gross margins in the sector at around 10%. In addition, he said Sportingbet’s 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.

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Thursday, November 11, 2010

Australian Casino News: Burswood Casino Patrons Targets For Crime, by Greg Tingle - 12th November 2010

Australia, namely Perth, and its Burswood Casino aka Burswood Entertainment Complex is the subject of today's extremely disturbing news report. The Western Australian Police Force, the casino and patrons are looking for solutions on how to stop an apparent crime wave that is seeing criminals target Burswood patrons. Media Man and Gambling911 with not what you want to hear, but what you need to know...

Police in Perth, West Australia are confident that criminals appear to be targeting people as they leave the James Packer - Crown Limited owned Burswood Casino.

West Australian Police are investigating a number of attacks on women who were apparently followed home from the casino in the wee hours of yesterday morning and had their handbags and contents stolen.

Sergeant Graham Clifford advised that in both cases the women were about to open the front door at their homes in Fremantle and Cannington when they had their handbags nabbed from their person.

"We don't believe the two incidents are connected with the victims but by the same token it would appear that some of the criminals out there are taking advantage of people when they leave the casino and attacking them when they are by themselves just about to enter their home," he said.

Police are now also investigating a third incident where a woman was targeted by the thieves.

The woman has contacted WA police saying she was attacked just outside her home in Warnbro this morning after returning from the casino.

It is understood she had several thousand dollars in her bag.

Gaming industry insiders strongly believe that the latest string on attacks in Perth will see more people stay at home and play slots, poker and other games online, such is the current perceived risk of a visit to Burswood. Media Man and Gambling911 both feature and review some online casinos available for Australians.

Police say further information about the thieves will be released soon.

WA Police, Media Man and Gambling911 encourage Burswood Casino patrons to please take precautions at the casino and on your journey back home.

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Wrap Up...

Readers, what would you do with the situation at Burswood Casino? Will this news see you more likely to play casino games on the internet? Tell us in the forum.

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

*Greg Tingle is a special contributor for Gambling911

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

*The writer owns shares in Crown Limited

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Tuesday, November 2, 2010

Virgin Games Launches TV Advertising Campaign

Virgin Games Launches TV Advertising Campaign

LONDON, UNITED KINGDOM - 1st November 2010 - Virgin Games, the leading online gaming company, has launched its first ever television advertising campaign for its casino site, Virgin Casino. The advert aims to cement Virgin Casino's position as the home of online slots by promoting the wide range of games that the Company now offers, and the fact that it launches at least one new game every week.

The 20 second advert, which is part of a £500,000 campaign, uses a space theme to introduce viewers to the world of Virgin Casino and features well know online game titles such as Cleopatra, Da Vinci Diamonds and Monopoly Multiplier. It was produced by ABF Pictures with MGOMD acting as media planners and buyers.

Oliver Wilson, Casino Acquisition Manager, commented: "We had such a fantastic response from our first Virgin Bingo ad launched last year that we decided that this was the right way to go for Virgin Casino. Bingo received a 100 per cent increase in player registrations on the back of the first adverts aired late last year and this evidence suggests it makes absolute sense for TV to play a significant part in the marketing mix for the casino product.

"TV advertising is a new strategy for Virgin Casino and we believe a natural fit. Consumers like the familiarity and security of knowing they are playing with a trusted and reputable company. Being part of the Virgin brand helps this, while TV raises awareness of the casino product and the range of slot games we offer."
The advert premieres on 1st November and will run for two weeks. It is a test campaign covering two UK regions that will test Direct Response TV prior to a national heavyweight rollout in the future. The two week campaign will run mainly on ITV and Channel 4.

The TV advertising will be supported by a range of direct response activity including PPC and Display Media. Affiliate marketing will also play a significant role in the campaign and will run through Virgin Games' in-house affiliate system.

Launched in 2004, Virgin Games is one of the UK's leading online gaming sites. To visit Virgin Games go to www.virgingames.com

Notes to editors:

About Virgin Games:

Virgin Games (www.virgingames.com) launched in June 2004 and has quickly established itself as one of the leading gaming websites in the UK. Virgin Games comprises three distinct offerings:

• Virgin Casino, offers content from a range of games suppliers including WagerWorks, Microgaming, Cryptologic, Freemantle and Ash Gaming, bringing consumers classic casino games like Blackjack and Roulette, as well as great feature slots like Monopoly, Rubik's, X-Factor and the highly popular MegaJackpots progressive games.

• Virgin Poker, part of the Boss Media network, offers a huge array of games and content for beginners through to experienced pros – as well as the most generous loyalty scheme in the industry.

• Virgin Bingo, part of the Virtue Fusion network, offers cash prizes worth thousands of pounds in the progressive jackpots, as well as Virgin prize bingo and a range of unique Virgin Games bingo games.

*Sorry, no U.S or Australian players. See World Casino Directory

Press Release

The Purr-fect Game Arrives at Virgin Casino

LONDON, UNITED KINGDOM - 27th October 2010 - Virgin Casino, part of the leading online gaming company – Virgin Games, has today announced the launch of Cats™, a new slot from online game developer, WagerWorks. Cats™ is a content rich slot filled with wild cats that can double the users playing experience and winnings.

Cats™ has a Split Symbols feature that counts for two symbols, and a winning payline will have between three and 10 matching symbols. The game features a fantastic twist, with every wild symbol counting as a split symbol to maximise a player's win. The Free Spins Bonus is triggered when a player gets five or six paw prints on reels two, three or four.

Warren Eloff, Head of Products at Virgin Games, commented: "Cats™ has proven to be a massive hit in land based casinos and we expect its success to be replicated online. With the great Split Symbols feature players have the potential to not only have lots of wins, but to win big too."

Founded in 2004, Virgin Games has over 1,000,000 players and over 200 games on its site. Through the introduction of a custom built Virgin Games platform in 2008, Virgin Games seeks to provide its players with the widest possible choice of casino games. A growing selection of games can be found at Virgin Games from a number of producers including Microgaming, WagerWorks, Cryptologic, Freemantle and Ash Gaming.

Press Release

Win Mega Moolah at Virgin Casino

LONDON, UNITED KINGDOM - 28th October 2010 - Virgin Casino, part of the leading online gaming company – Virgin Games, is pleased to announce the launch of Mega Moolah, a wild African themed slot by game developer, Microgaming.

Mega Moolah offers multiple opportunities for rewards in an innovative and unique combination of 5 reels and 25 pay-lines plus a Wheel of Fortune style four-tiered progressive jackpot. There are wild African animals, safari and jungle, that are all cleverly combined with the action from Free Spins, Scatter and Wild rewards.

The most exciting feature of Mega Moolah is the spinning of the Jackpot Wheel, with a top prize of at least 1 million ($/£/€) in the Mega level, and there is no limit to how high the jackpot can go - it will keep on going up until someone wins. In 2008, Finnish casino player, Klaus, became an overnight millionaire when he won the Mega Moolah jackpot of $5.5 million from a 0.50c deposit! The current jackpot stands at over £2.1 million.

Warren Eloff, Head of Products at Virgin Games, commented: "Mega Moolah is a fantastic safari themed game, but the real draw of it is the four tier progressive jackpot, which basically means that there are four progressive jackpots to be one. The biggest of these is the Mega Progressive which has such a high minimum level that it guarantees the winner will become a millionaire!"

Founded in 2004, Virgin Games has over 1,000,000 players and over 200 games on its site. Through the introduction of a custom built Virgin Games platform in 2008, Virgin Games seeks to provide its players with the widest possible choice of casino games. A growing selection of games can be found at Virgin Games from a number of producers including Microgaming, WagerWorks, CryptoLogic, Freemantle and Ash Gaming.

Press Release

Hang Out With the Osbournes at Virgin Casino

LONDON, UNITED KINGDOM - 14th Oct 2010 - Virgin Casino, part of the leading online gaming company – Virgin Games, is pleased to announce the launch of a new slot, The Osbournes, by Microgaming. The branded slot game is based on the TV series and features all the members of the unconventional family of aging rocker, Ozzy Osbourne, and offers additional opportunities to win with an innovative on-screen trail feature that unfolds above the reels.

The Osbournes is a 5 reel 20 pay-line slot with great graphics that captures the outrageous spirit and humour of the famously dysfunctional family and creates an engrossing new slot that is jam-packed with great opportunities to score free spins, multiplier boosts and solid cash prizes.

Warren Eloff, Head of Products at Virgin Games, commented: "Just as the TV show of this dysfunctional family provides hours of entertainment, The Osbournes slot does not fail to deliver in the entertainment stakes whilst also providing fantastic rewards. With free spins, multiplier boosts and great cash prizes, players don't have to be a fan of the show to enjoy playing this great new game".

Players can choose their currency - GBP, $, € - and win up to 75,000.00 in the base game and 150,000.00 in Free Spins. Whilst in the new Door Knocker bonus a further 50,000.00 is available and additional bonuses can bring in another 3,000.00. The betting range is anything from 0.01 to 0.50 and up to ten coins a line, making a maximum bet of 100.00 possible.

Founded in 2004, Virgin Games has over 1,000,000 players and over 200 games on its site. Through the introduction of a custom built Virgin Games platform in 2008, Virgin Games seeks to provide its players with the widest possible choice of casino games. A growing selection of games can be found at Virgin Games from a number of producers including Microgaming, WagerWorks, Cryptologic, Freemantle and Ash Gaming.
About Virgin Games:

Virgin Games launched in June 2004 and has quickly established itself as one of the leading gaming websites in the UK. Virgin Games comprises three distinct offerings:

Virgin Casino, offers content from a range of games suppliers including WagerWorks, Microgaming, CryptoLogic, Freemantle and Ash Gaming, bringing consumers classic casino games like Blackjack and Roulette, as well as great feature slots like Monopoly, Rubik's, X-Factor and the highly popular MegaJackpots progressive games.

Virgin Poker, part of the Boss Media network, offers a huge array of games and content for beginners through to experienced pros – as well as the most generous loyalty scheme in the industry

Virgin Bingo, part of the Virtue Fusion network, offers cash prizes worth thousands of pounds in the progressive jackpots, as well as Virgin prize bingo and a range of unique Virgin Games bingo games

*Sorry, no U.S or Australian players. See World Casino Directory

Press Release

Thunderstruck II Arrives at Virgin Casino

LONDON, UNITED KINGDOM -8th Oct 2010 - Virgin Casino, part of the leading online gaming company – Virgin Games, is pleased to announce the launch of Thunderstruck II by top game developer, Microgaming. The game's predecessor, Thunderstruck, which launched in 2003, is one of the most successful and entertaining video slots in online gaming; a feature-rich game which has achieved iconic stature over the years with a wide player demographic.
This latest game promises to be a big hit with fans of Thunderstruck and offers even more features and opportunities to win big rewards. Based on the innovative 5 reel, 243 ways to win concept, this slot offers the player a range of benefits that includes Wilds and Expanding Wilds, four different Bonuses, Scatter action, four different Free Spins rewards, Multipliers ranging from 2x to 6x and absorbing free games.

Warren Eloff, Head of Products at Virgin Games, commented: "Given the success of its predecessor, Thunderstruck II is set to become a firm favourite with our customers. It offers players hours of entertaining gaming with the real possibility of great rewards. Thunderstruck II truly enhances our games portfolio and helps deliver on our promise to provide the best online casino experience available."

All the mystical Nordic gods are present in Thunderstruck II, depicted in high quality graphics along with theme-setting symbols like long ships, kings and Asgard, a rainbow city from the great Nordic sagas.

The gods of Thunderstruck II offers players new features, such as the randomly triggered WildStorm award with its held Wild reels, and the introduction of a Player Achievements structure. The achievements concept is a new feature for online slots, empowering players to achieve gold status by winning the range of payouts of each symbol.

Founded in 2004, Virgin Games has over 1,000,000 players and over 200 games on its site. Through the introduction of a custom built Virgin Games platform in 2008, Virgin Games seeks to provide its players with the widest possible choice of casino games. A growing selection of games can be found at Virgin Games from a number of producers including Microgaming, WagerWorks, Cryptologic, Freemantle and Ash Gaming.

*Sorry, no U.S or Australian players. See World Casino Directory

Press Release

Virgin Casino Premieres Brand New Online Slot Game - The Lord of the Rings: The Fellowship of the Ring(TM) Win a Luxury 10-Night Break to New Zealand With Virgin Casino

Virgin Casino Premieres Brand New Online Slot Game - The Lord of the Rings: The Fellowship of the Ring(TM) Win a Luxury 10-Night Break to New Zealand With Virgin Casino

LONDON, UNITED KINGDOM - 09/03/10 - Virgin Casino, part of the leading online gaming company - Virgin Games, is proud to announce that it is one of the first online casinos to introduce Microgaming's eagerly awaited five reel cinematic online slot game, The Lord of the Rings: The Fellowship of the Ring. The game, which promises to be one of the biggest launched this year, offers players a massive 243 ways to win and will be one of the most graphically rich, innovative and exciting online slot games to date.

To celebrate the launch of The Lord of the Rings: The Fellowship of the Ring, Virgin Casino is offering a fantastic prize for one very lucky customer and a partner of their choice - a luxury 10 night break to New Zealand. The winner will be flown to New Zealand where they will stay in the 5(i) Rees Hotel which has amazing views of both Lake Wakatipu and The Remarkable Mountains. This picturesque setting is the perfect place to relax before the exciting Lord of the Rings mini tours begin. For every GBP 50 wagered customers will receive a ticket for the prize draw.

In the online slot game, players follow the Hobbit "Frodo Baggins" as he sets out to ensure the destruction of the Dark Lord Sauron. The five reel online slot will have unrivalled game graphics and include beloved characters from the film, such as Frodo, Aragorn, Saruman and the deadly Black Riders; along with some of the film's iconic footage, featuring Ringwraiths during the attack at Weathertop, Balrog in the Mines of Moria, and Uruk-hai in the woods of Middle-earth.

Warren Eloff, Head of Products at Virgin Games, commented: "This is truly a fantastic game and we are incredibly proud to be one of the first casinos to launch what is sure to become one of the biggest online gaming hits of the year. At the beginning of the year we stated our vision for Virgin Casino was to offer more choice to our customers and expand on the titles we offered. We are now doing this in spades."

Founded in 2004, Virgin Games has over 1,000,000 players and over 200 games on its site. Through the introduction of a custom built Virgin Games platform in 2008, Virgin Games seeks to provide its players with the widest possible choice of casino games. A growing selection of games can be found at Virgin Games from a number of producers including Microgaming, WagerWorks, Cryptologic, Freemantle and Ash Gaming.

© 2010 New Line Productions, Inc. All rights reserved. The Lord of the Rings: The Fellowship of the Ring, The Lord of the Rings: The Two Towers, The Lord of the Rings: The Return of the King and the names of the characters, items, events and places therein are trademarks of The Saul Zaentz Company d/b/a Middle-earth Enterprises under license to New Line Productions, Inc.

Notes to editors:

About Virgin Games:

Virgin Games launched in June 2004 and has quickly established itself as one of the leading gaming websites in the UK. Virgin Games comprises three distinct offerings:

- Virgin Casino: offers content from a range of games suppliers including WagerWorks, Microgaming, Cryptologic, Freemantle and Ash Gaming, bringing consumers classic casino games like Blackjack and Roulette, as well as great feature slots like Monopoly, Rubik's, X-Factor and the highly popular MegaJackpots progressive games, with a current jackpot value of over GBP 2,500,000

- Virgin Poker: part of the Boss Media network, offers a huge array of games and content for beginners through to experienced pros - as well as the most generous loyalty scheme in the industry

- Virgin Bingo: part of the Virtue Fusion network, offers cash prizes worth thousands of pounds in the progressive jackpots, as well as Virgin prize bingo and a range of unique Virgin Games bingo games.

*Sorry, no U.S or Australian players. See World Casino Directory

LONDON, UNITED KINGDOM -(Sept. 2, 2010) - Virgin Casino, part of the leading online gaming company – Virgin Games, has today announced that it is launching nine new games in September from four leading games producers – Microgaming, WagerWorks, Virtue Fusion and Ash Gaming. Amongst the new games are some big titles, including, The Lord of the Rings: The Fellowship of the Ring™ and Tomb Raider - The Secret of the Sword.

Virgin Casino now has over 130 slot games from 11 games producers on its site. The wide range of leading gaming operators with which Virgin Casino has partnered allows the Company to select the best games available on the market, and as such it has become the natural home for players that want instant play (non download) online slot games.

Warren Eloff, Head of Products at Virgin Games, commented: "We're really thrilled to be offering such great titles from these leading online game developers as they greatly enhance both choice and player experience for Virgin Casino customers, making it one of the most exciting online casinos around.
"We launch at least one new game a week, and with our multiple partnerships allowing us to cherry pick the best of breed games we now offer unrivalled entertainment for players wanting instant play."

Tomb Raider - The Secret of the Sword is the first game to be launched in September. Presented in a glossy 5 reel 30 pay-line multi-faceted package, this game offers hours of interactive entertainment and the chance to hit major rewards through a variety of free spins, bonuses, wild and scatter awards and free games.

Also to be launched in September are The Lord of the Rings: The Fellowship of the Ring, Loaded and Tally Ho, all by Microgaming, Bitten by WagerWorks, Challenge Roulette, Fruity Burst, Sacred 7's all by Virtue Fusion, and Alice's Wonderland by Ash Gaming.

Notes to editors:

About Virgin Games:
Virgin Games (www.virgingames.com) launched in June 2004 and has quickly established itself as one of the leading gaming websites in the UK. Virgin Games comprises three distinct offerings:

• Virgin Casino, offers content from a range of games suppliers including WagerWorks, Microgaming, Cryptologic, Freemantle and Ash Gaming, bringing consumers classic casino games like Blackjack and Roulette, as well as great feature slots like Monopoly, Rubik's, X-Factor and the highly popular MegaJackpots progressive games, with a current jackpot value of over £2,500,000
• Virgin Poker, part of the Boss Media network, offers a huge array of games and content for beginners through to experienced pros – as well as the most generous loyalty scheme in the industry
• Virgin Bingo, part of the Virtue Fusion network, offers cash prizes worth thousands of pounds in the progressive jackpots, as well as Virgin prize bingo and a range of unique Virgin Games bingo games.

*Sorry, no U.S or Australian players. See World Casino Directory

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Virgin Casino Introduces Major New Games in September

LONDON, UNITED KINGDOM -(Sept. 2, 2010) - Virgin Casino, part of the leading online gaming company – Virgin Games, has today announced that it is launching nine new games in September from four leading games producers – Microgaming, WagerWorks, Virtue Fusion and Ash Gaming. Amongst the new games are some big titles, including, The Lord of the Rings: The Fellowship of the Ring™ and Tomb Raider - The Secret of the Sword.

Virgin Casino now has over 130 slot games from 11 games producers on its site. The wide range of leading gaming operators with which Virgin Casino has partnered allows the Company to select the best games available on the market, and as such it has become the natural home for players that want instant play (non download) online slot games.

Warren Eloff, Head of Products at Virgin Games, commented: "We're really thrilled to be offering such great titles from these leading online game developers as they greatly enhance both choice and player experience for Virgin Casino customers, making it one of the most exciting online casinos around.
"We launch at least one new game a week, and with our multiple partnerships allowing us to cherry pick the best of breed games we now offer unrivalled entertainment for players wanting instant play."

Tomb Raider - The Secret of the Sword is the first game to be launched in September. Presented in a glossy 5 reel 30 pay-line multi-faceted package, this game offers hours of interactive entertainment and the chance to hit major rewards through a variety of free spins, bonuses, wild and scatter awards and free games.

Also to be launched in September are The Lord of the Rings: The Fellowship of the Ring, Loaded and Tally Ho, all by Microgaming, Bitten by WagerWorks, Challenge Roulette, Fruity Burst, Sacred 7's all by Virtue Fusion, and Alice's Wonderland by Ash Gaming.

Notes to editors:

About Virgin Games:
Virgin Games (www.virgingames.com) launched in June 2004 and has quickly established itself as one of the leading gaming websites in the UK. Virgin Games comprises three distinct offerings:

• Virgin Casino, offers content from a range of games suppliers including WagerWorks, Microgaming, Cryptologic, Freemantle and Ash Gaming, bringing consumers classic casino games like Blackjack and Roulette, as well as great feature slots like Monopoly, Rubik's, X-Factor and the highly popular MegaJackpots progressive games, with a current jackpot value of over £2,500,000
• Virgin Poker, part of the Boss Media network, offers a huge array of games and content for beginners through to experienced pros – as well as the most generous loyalty scheme in the industry
• Virgin Bingo, part of the Virtue Fusion network, offers cash prizes worth thousands of pounds in the progressive jackpots, as well as Virgin prize bingo and a range of unique Virgin Games bingo games.

*Sorry, no U.S or Australian players. See World Casino Directory

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