MULTIMEDIA SRL – ROMANIA (MultiMedia) has been selected to receive one of the Majestic Symbols of Quality which aim to present a powerful tool in assessing progress and setting priorities for policies of International sector performance, especially in the specific fields of the Macro and Micro environment -zooming in the areas of Marketing, Investment and Financial sectors of world leading market performance.
The selection committee of the “GOLDEN EUROPE AWARD FOR QUALITY & COMMERCIAL PRESTIGE” AND THE “TQM” ACCREDITATION PROGRAM ( TOP QUALITY MANAGEMENT) granted by Association Otherways Management & Consulting Paris – France, member of the American Management Association and American Marketing Association, in cooperation with Otherways International Research & Consulting, chose to distinguish MultiMedia by providing an international standard for its product, using a technique, which directly act in increasing productive quality values, leading to the achievement of an elevated performance towards its marketing factor, thus imposing the accomplishment of high consumer / customer gratification especially into specific regions of foreign aligned markets.
The selection committee is made up of a group of companies and prestigious professionals, which are Internationally distinguished in this field.
The GOLDEN EUROPE AWARD FOR QUALITY & COMMERCIAL PRESTIGE AND THE ” TQM ” ACCREDITATION PROGRAM ( TOP QUALITY MANAGEMENT) will be presented on the 13th of July 2009 at LE MERIDIEN ETOILE HOTEL – PARIS with the participation of Commercial, Industrial & Quality Experts, Diplomatic Corps and VIP’s from the local economic and cultural world.
We sell a package of 38 web sites and domain names (gambling, poker, casino, bingo and sports betting related) for the amazing price of EUR 10,000 for ALL OF IT!
In New Zealand and Australia, housie is often used a fundraiser by churches, sports teams, and other groups, and raffles are sold before the game.
Bingo, as housie is known as in the UK (not to be confused with the similar US game Bingo), is an expanding and highly profitable business, with many companies competing for the customers’ money.
The two largest companies with bingo halls in the UK are:
Gala Bingo (Gala Group Ltd.)
Mecca Bingo Ltd. (part of The Rank Group plc)
As well as offering the familiar Housie/Bingo played by marking numbered books, most large clubs have their tables modified for the playing of Cash Housie or Mechanised Cash Bingo (using coin slots or, increasingly in the 21st century, an electronic credit system). This is highly profitable for the operator, with a typical “take” of fifty percent of the stake.
Get real on web gambling Kansas City Star, MO Rick’s Gambling & Tourism column in today’s Star Business Weekly looks at the US’s untenable position in the worldwide on-line gambling industry. …
State cracks down on Net gambling Kentucky.com, KY By Jack Brammer FRANKFORT — Kentucky is commandeering 141 domain names of Internet gambling sites in a novel legal move to crack down on the unregulated …
Ky. governor seeking to block online gambling Forbes, NY By JOE BIESK 09.23.08, 7:39 AM ET Kentucky’s pro-gambling governor is looking to make sure all bets are off for more than 140 online gambling Web sites that … Online gambling takes its toll Aftenposten, Norway Top community officials are among those who unwittingly lent large sums of money to finance a Norwegian bishop’s son’s gambling debts. …
Casino gambling, poker table revenue up in FL CBS 4, FL But the stakes weren’t as high for other kinds of gambling. Racing at horse and dog tracks and other sports wagering declined 43 percent, to $159 million. Gambling case fallout remains as Donaghy reports to prison USA Today The league has determined that for the first time in major professional US sports, a referee will walk into prison a convicted felon on a gambling charge …
Former gambling site worker cops to ID theft Register, UK The former employee of an internet-based gambling website has admitted he used his position in the company’s credit department to steal the identities of … Arizona gambling feels economic pinch, report shows East Valley Tribune, AZ “Gambling is a form of recreation,” she said. Morago compared it to people making decisions whether to go to a movie, go out to dinner or even “go shopping …
Gambling grows to unexpected levels in Poland Puls Biznesu, Poland Last year, the Poles spent more on gambling than on beer, vodka and medical services. If the upward trend continues the gambling market will be worth as … Unexpectedly, Las Vegas hit by US downturn Reuters And while free rooms and room discounts have kept hotels relatively full — occupancy is down just 1 percent in the year to July — gambling revenue is down …
Blogosphere:
Online Sports Gambling Ken The best sites to find Online Sports Gambling, a leading online casino gambling guide. Includes online casino reviews and recommendations, online casino directory, best payouts and bonuses, blackjack strategy and tips, … BetOnSports.com Gambling Site Worker Pleads Guilty After Stealing … CyberInsecure An employee of the offshore Internet gambling website BetOnSports.com has pleaded guilty to charges stemming from his role in a large Internet-based identity theft ring. BetOnSports PLC does not exist since July 2006 and the Antigua …
Kentucky Seizes Gambling Domains MHB The seizure was taken after the Commonwealth found that the “domains were being used in connection with illegal gambling activity”. The domains seized include:. fulltiltpoker.com. indiancasino.com. bet21.com. allslots.com. bodoglife.com … Kentucks Seizes 141 Gambling Domain Names Chad Kettner There were a number of popular gambling sites listed for seizure including PokerStars.com, FullTiltPoker.com, BodogLife.com, GoldenPalace.com, Bet21.com, DoylesRoom.com and also Rick Schwartz’ IndianCasino.com. …
KY governor after online gambling domains maconlinepoker To be very frank and honest, this is not a good news at all for online gambling industry. US Kentucky state governor, Steve Beshear is trying all his efforts to crack down online gambling industry and in oder to boost offline local … NBA Ref Starts Prison Term for Gambling The NBA referee who admitted gambling on basketball begins his 15-month federal prison sentence today, reports USA Today . The conviction of referee Tim Donaghy, 41, has rocked the NBA, even though officials determined he didn’t bet on …
Bingo Betting gamblingguide online gambling has typically been a mans world (sorry for the huge generalisation but this is a blog after all). Perhaps the influx of Bingo sites will even that up slightly. Certainly Bingo seems to be a more social than playing a … Judge Tosses Gambling Attorney’s $20 Million Lawsuit Against Casinos Law.com – Newswire A federal judge has dismissed a $20 million racketeering lawsuit against seven casinos by a former New York City attorney who said they had a duty to stop her from gambling. The judge wrote that Arelia Margarita Taveras failed to …
Responsible Gaming – Psychology of a Gambler To be honest, gambling gets a bad rap, especially when you consider that it’s one of the prime driving forces of humanity. Nobody has ever gotten rich by playing it safe, and if you have a stock portfolio, you’ve bet your money that … Seniors Doubt Study’s Finding of Gambling Problems Wholesale Bingo Supplies Blog – Bingo Bob But a new gambling study published in the journal Psychology and Aging suggests not all senior citizens have Fava’s self-control. It concludes the elderly are more likely to develop gambling problems than younger people. …
Video: NFL Football Best Bet of the Week with Odds from Gamblers Television
Charity gambling is the practice where typical gambling ‘games’ such as bingo, roullette, lotto, slot-machines, etc. are overseen by a charity or group of charities. The profits from the venture go to the charity or group of charities, rather than to a municipality or private casino. Sometimes this occurs as a ‘one time event’ during a ‘Charity Ball’ or such type party. In other cases, Charity interests maintain ongoing gambling concerns. There are many websites on which Charity Gambling is available 24 x 7, and which report various percentages of the profits being donated to various charities.
The Howard Hughes Corporation is a major real estate development and management company based in Las Vegas, Nevada, which was founded by Howard Hughes. Later sold to the Rouse Company, it is now a subsidiary of General Growth Properties.
History
Formation as Summa Corporation
Originally known as Summa Corporation, Howard Hughes Corp. was formed in 1972 when the oil tools business of Hughes Tool Company was floated on the New York Stock Exchange under the Hughes Tool name. This forced the remaining busineses of the “original” Hughes Tool to adopt a new corporate name – Summa. The name “Summa”, Latin for “higher”, was adopted without the approval of Hughes himself, who preferred to keep his own name on the business and suggested HRH Properties (for Hughes Resorts and Hotels, and also his own initials), but his executives paid no attention.
Company refocused on real estate
Following the death of Howard Robard Hughes Jr. in 1976 at age 71, most of Summa’s remaining business were sold off. Howard Hughes had ammassed vast holdings of undeveloped land both in Las Vegas and in the desert surrounding the city that had gone unutilized during his lifetime. His successors at Summa refocused the company on real estate development, selling all noncore business holdings.
Holdings sold off were:
Hughes Nevada Mining (sold off in 1977)
KLAS Inc. (holding company for the Las Vegas CBS affiliate, sold to the founders of the Weather Channel in 1979)
Hughes Air Corporation (holding company for Hughes Air West; sold to Republic Airlines in 1979)
Hughes Helicopters Inc. (sold to McDonnell-Douglas in 1984 and renamed McDonnell-Douglas Helicopters)
Hughes Sports Network (a production company specializing in the broadcast of sporting events, sold in the mid 1980s).
Summa also owned a wide array of hotels and casinos, primarily in Las Vegas, that constituted the bulk of Summa’s business in the 1970′s.
Company Renamed and sold off
Hughes’ heirs eventually renamed the company in his honor, Summa became Howard Hughes Corporation in 1994. Hughes’ heirs sold Howard Hughes Corp. to the Rouse Company in 1996, and the company survives as a Rouse subsidiary. Rouse was acquried by General Growth Properties in 2004. Hughes’ heirs, primarily the Lummis family, continue to hold an equity interest in Summerlin, a giant planned residential community being built in stages by Howard Hughes Corp. on the Las Vegas outskirts.
Hotels and casinos formerly owned by Summa
Desert Inn Hotel and Casino (demolished in 2001, replaced by Wynn Las Vegas Resort and Casino)
Sands Hotel and Casino (demolished in 1996, replaced by The Venetian Resort Hotel Casino)
The Landmark Hotel and Casino (demolished in 1993 to expand parking lot of Las Vegas Convention Center)
Castaways hotel and casino (demolished in 1986, replaced by the Mirage and Treasure Island)
Silver Slipper Casino (demolished in 1986 to expand parking lot of Frontier Hotel and Casino)
Frontier Hotel and Casino (demolished in November, 2007, to make way for construction of a new resort that will resemble the Plaza Hotel in New York City)
Xanadu Princess Hotel (Grand Bahama Island, Bahamas)
Britannia Beach Hotel (Paradise Island, Bahamas) – now the Coral Towers Hotel at Atlantis Resort
Development projects
Howard Hughes Corp.’s current projects are Summerlin, a massive master planned community that will eventually house 160,000 residents; Summerlin Centre, a mixed-use town center for Summerlin, and Fashion Show, a giant retail center in downtown Las Vegas currently undergoing a major redevelopment.
Most of Howard Hughes Corp.’s past projects have been business parks in the Las Vegas area, including The Crossings, The Canyons, The Plazas, Corporate Pointe, and Hughes Center.
Gambling revenue will grow to $155 billion in 2012 from a 2007 revenue of $114 billion with an annually rate of 6.5 percent per year, says PricewaterhouseCoopers LLP in a report released this week.
Asia, and especially Macau, will be the world’s fastest growing gambling region.
In accordance with this report, the US revenue will decline in 2008, due to the mortgage crisis and high gas and travel price. But, starting with 2010, Las Vegas will expects a new raise.
Online gambling and sports betting is expected to have a 4.9% yearly increase in Europe, the Middle East and Africa, and a 4.5% yearly increase for the US tribal casinos. The most important increase for US is predicted for sports betting, rising 7% to $7.6 billion in 2012.
Poker Stars started a new experience, beginning to operate a poker room in Cotai Strip (Dubbed PokerStars Macau), at Grand Waldo Hotel and Casino (25 tables, 250 players, cash games and tournaments).
The poker room was launched this week with a No-Limit Texas Hold’em Charity Poker tournament, for the victims of the recent earthquake in China. Participants competed for HKD $150,000 in prizes, including entries to the $25 000 HKD buy-inSeptember’s APPT Macau event, which features an HKD $25,000 buy-in. That event runs September 1-6, 2008 and has a guarantee of HKD $10,000,000.
“PokerStars is committed to the development of poker in Asia” said Joe Hachem, Poker World Champion and member of Team PokerStars Pro.
$4.5 billion Canadian investment in casino-resort project (“Ho Tram“) in the South of the Vietnam, the themehighlighting the lush natural beauty of the area while showcasing Vietnamese and Asian culture.
The most important investors in this project are Asian Coast Development Ltd. from Toronto and Harbinger Capital LLC from New York
The Ho Tram Stripis being designed by Steelman Partners andspread across 19 hectares of prime real estateon a beach in Xuyen Moc Commune, in Bà Rịa–Vũng Tàu Province, near Ho Chi Minh City.
The first stage of the project (2008-2011) will include two luxurious five star hotels with 2300 rooms and a Las Vegas-style casinos – featuring live entertainment stages and an exclusive VIP area to compliment gaming floors with more than 180 live table games and 2000 electronic games. As recreational facilities, an expansive and luxurious spa, state-of-the-art performance facilities, an engaging upscale retail experience and a wide selection of elegant dining facilities offering local and international cuisine.
It is the most important investment in Vietnam, including, in the first stage, a 2,300 rooms hotel and a casino with 900 gambling tables, 500 slot machines, and a VIP area.
Finally, in 2015, the resort will comprise five hotels with 9,000 rooms and a second casino.
The site plan includes several theatres and museums, a cultural center, and an ongoing parade of events, a championship 200-acre golf coursedesigned by Greg Norman, a country club, and and a site for guests to swim with dolphins.
Vietnam (Vietnamese: Việt Nam), officially the Socialist Republic of Vietnam (Vietnamese: Cộng hòa Xã hội Chủ nghĩa Việt Nam), is the easternmost country on the Indochina Peninsula in Southeast Asia. It is bordered by China to the north, Laos to the northwest, Cambodia to the southwest, and the South China Sea to the east. With a population of over 85 million, Vietnam is the 13th most populous country in the world.
Bà Rịa–Vũng Tàu is a province of Vietnam. It is located on the coast of the country’s southeastern region. It also includes the Côn Đảo islands, located some distance off Vietnam’s southeastern coast. From 1954 to 1975, this province belonged to the Republic of Vietnam.
Gambling with the futures Socialist Worker Online, IL
One obvious one is the rising price of oil, which is increasing transportation and other costs for agricultural products. Another is profiteering on the …
The energy crisis: Only bold steps will help Minneapolis Star Tribune, MN
A frenzy of unregulated speculation in the futures markets is driving prices up in what one oil analyst called “the world’s largest gambling hall. …
Without gambling on the economy Ha’aretz, Israel
Until March he claimed that the deviation in the rate of world price increases stemmed from the sharp increase in the price of oil, metals and food. …
Full throttle Fund Strategy, UK
The price of oil has doubled over the past year, against an incessant drumbeat of warnings: an emerging consumer class can barely satisfy its demand for …
Reduced luxuries Napa Valley Register, CA
There was a time when the gambling Meccas were noted for cheap rooms and unlimited buffets. No so any more. Gambling, once the lifeblood of the casinos, …
Behind Latin America’s Food Crisis IRC’s Americas Program, NM
Yes, critics of agrofuels warned that food shortages and price hikes would result from the headlong rush to divert land from food to fuel production. …
Liquid Assets Charleston Post Courier, SC
The price of soybean oil, the main ingredient in most US biodiesel, has risen faster recently than that of crude oil, almost tripling in five years. …
A Way To Curb Oil Speculation Hartford Courant, United States
Every time a bomb explodes in Basra, speculators bid up the price of oil for future delivery. They are gambling that they know enough about the market to …
Tullow Oil is a good long term play Telegraph.co.uk, United Kingdom
The Jubilee oil field, off Ghana’s coast, has been the making of Tullow. Last year, investors drove up Tullow’s share price on expectations that Jubilee’s …
Gas price patience running on empty? Times Daily (subscription), AL
Ingram said many investors are gambling that more Americans will hit the road this summer and are bidding up the price of oil in anticipation of a busy …
AP News Calendar The Associated Press
___ WEDNESDAY, May 21 Washington — Senate Judiciary Committee hearing on the price of oil. Witnesses include oil company chief executives. …
When government plays games with numbers, we all lose Concord Monitor, NH
It’s a scary thought: Over 20 percent of our GDP is now in gambling. The trajectories the finance industry needs to calculate are market-based. …
Edible oils offer some relief as inflation dogs consumers Hindu Business Line, India
In Subhiksha, for instance, the price of sunflower oil has dropped by around Rs 15 a litre since March 3. Groundnut oil has seen a drop of around Rs 12. …
Bungled Spygate probe provides few answers Florida Times-Union, FL
Contrast that to the way former commissioner Pete Rozelle suspended Paul Hornung and Alex Karras – then two of the NFL’s biggest stars – for gambling on …
Dorgan calls for action on crude oil speculation Dickinson Press, ND
He called the rampant oil market “the world’s largest gambling hall” or the equivalent to a highway “with no cops and no speed limit and everybody’s going …
A gambling affiliate is a commercial entity with a relationship with a peer or a larger entity.
We well define the gambling corporative, a facility that houses and accommodates certain types of gambling activities. It can be a casino, poker room, bingo halls, lotteries, sports betting agency, as well as hotels, restaurants, retail shopping, cruise ships and other tourist attractions. It includes also the entities licensed to provide online gambling services.
A gambling corporative may be referred to as an gambling affiliate of another when it is related to it but not strictly controlled by it, as with a subsidiary relationship, or when it is desired to avoid the appearance of control.
Gambling affiliate marketing typically refers to an electronic version of the traditional gambling advertising channel concept. A gambling affiliate is a website which links back to a corporative gambling site like CasinoTropez.com.
However, as the Internet marketring continues to evolve, gambling affiliates are no longer restricted to website owners. Bloggers and members of different online community forums can be affiliates as well. Many emerging affiliate programs are now accepting bloggers and individuals, not necessarily webmasters, to be affiliates.
A good source for a gambling affiliate to buy an already promoted specific or generic domain name, web site or blog, is Gambling Sites For Sale.
Gambling affiliates can also be referred as publishers. Many publishers are very well known gamblers ( Tony G, Daniel Negreanu, etc.).
Illustration of the concept of gambling affiliate marketing
Gambling affiliate marketing is a web-based marketing practice in which a business rewards one or more gambling affiliates for each visitor or customer brought about by the affiliate’s marketing efforts.
Affiliate marketing is also the name of the industry where a number of different types of companies and individuals are performing this form of internet marketing, including affiliate networks, affiliate management companies and in-house affiliate managers, specialized 3rd party vendors, and various types of affiliates/publishers who promote the products and services of their partners.
Gambling affiliate marketing overlaps with other internet marketing methods to some degree, because affiliates often use regular advertising methods. Those methods include organic search engine optimization, paid search engine marketing, email marketing and in some sense display advertising (in their own web sites, or on specialized web, sites such as Casino Online Advertising). On the other hand, affiliates sometimes use less orthodox techniques like publishing reviews of products or services offered by a partner.
One of the most important action in search engine optimization, is to get links back to your site from other similar web sites. Because Google and the other search engines penalize the reciprocal links, it is widely used the cross-linking methods. The best and most efficient ways to do this and this way to promote your web site and get more traffic, are the banner exchange (See MultiMedia BX) and webring methods. A webring in general is a collection of websites from around the Internet joined together in a circular structure. The best gambling webrings you can find at webring.com (http://u.webring.com/hub?ring=bestonlinecasin3, http://u.webring.com/hub?ring=betgambling, http://r.webring.com/hub?ring=poker).
The rise of blogging, interactive online communities and other new technologies, web sites and services based on the concepts that are now called Web 2.0 have impacted the affiliate marketing world as well. Most of the turnkey web sites from Gambling Sites For Sale include these characteristics.
90% of gambling affiliate programs today use revenue sharing or cost per action (CPA) and the remaining 10% are other methods, such as cost per click (CPC) or cost per mille (CPM). CPM and CPC are today still heavily used in display advertising and paid search.
Cost per mille (thousand) (CPM/CPT) requires the publisher only to load the advertising on his website and show it to his visitors in order to get paid a commission, while PPC requires one additional step in the conversion process to generate revenue for the publisher. Visitors must not only be made aware of the ad, but also pursue them to click on it and visit the advertiser’s website.
Cost per click (CPC/PPC) used to be more common in the early days of affiliate marketing, but diminished over time due to click fraud issues that are very similar to the click fraud issues modern search engines are facing today.
In the case of CPM or CPC, the publisher does not care if the visitor is the type of audience that the advertiser tries to attract and is able to convert, because the publisher already earned his commission at this point. This leaves the greater, and, in case of CPM, the full risk and loss (if the visitor can not be converted) to the advertiser.
CPA require that referred visitors do more than visiting the advertiser’s website in order for the affiliate to get paid commission. The advertiser must convert that visitor first. It is in the best interest for the affiliate to send the best targeted traffic to the advertiser as possible to increase the chance of a conversion. The risk and loss is shared between the affiliate and the advertiser.
For this reason affiliate marketing is also called “performance marketing”. Gambling affiliates are not employed by the advertiser whose gambling entity they promote, but the compensation models applied to affiliate marketing are very similar to the ones used for people in the advertisers’ internal sales department.
Some advertisers offer multi-tier programs that distribute commission into a hierarchical referral network of sign-ups and sub-partners. In practical terms: publisher “A” signs up to the program with an advertiser and gets rewarded for the agreed activity conducted by a referred visitor. If publisher “A” attracts other publishers (“B”, “C”, etc.) to sign up for the same program using her sign-up code all future activities by the joining publishers “B” and “C” will result in additional commission (at a lower rate) for publisher “A”.
This system rewards a chain of hierarchical publishers who may or may not know of each others’ existence, yet generate income for the higher level signup.
Two-tier programs exist in the minority of affiliate programs; most are simply one-tier. Referral programs beyond 2-tier are multi-level marketing (MLM) or network marketing.
Gambling affiliate sites are often categorized by advertisers and affiliate networks. There are no industry-wide accepted standards for the categorization. The following list is very generic but commonly understood and used by gambling affiliate marketers:
Search affiliates that utilize pay per click search engines to promote the advertisers offers
Comparison gambling sites and directories
Loyalty sites, typically characterized by providing a reward system for gambling via points back, cash back or charitable donations
Bonus sites that focus on gambling promotions
Content and niche sites, including gambling review sites
Personal websites (these type of sites were the reason for the birth of affiliate marketing, but are today almost reduced to complete irrelevance compared to the other types of affiliate sites)
Blogs and RSS feeds (See for ex. http://betbloggers.com, where anyone can have a free gambling blog)
Email list affiliates (owners of large opt-in email list(s))
Registration path or Co-Registration affiliates who include offers from other companies during a registration process on their own website.
Gambling directories that list gambling sites by categories without providing bonus, gambling comparison and other features based on information that frequently change and require ongoing updates.
CPA networks are top tier affiliates that expose offers from gambling advertiser they are affiliated with to their own network of affiliates (not to confuse with 2nd tier)
Gambling affiliate networks that already have a number of advertisers usually also have a large number of publishers. This large pool of publishers could be potentially recruited. There is also an increased chance that publishers in the network apply to the program by themselves, without the need for any recruitment efforts by the advertiser.
Relevant sites that attract the same audiences as the advertiser is trying to attract, but are not competing with the advertiser, are potential affiliate partners as well. Even vendors or existing customers could be recruited as affiliates, if it makes sense and does not violate any laws or regulations.
Almost any website could be recruited as an affiliate publisher, although high traffic websites are more likely interested in (for them) low risk CPM or medium risk CPC deals rather than higher risk CPA or revenue share deals.
Affiliate programs directories are one way to find affiliate programs, another method is large affiliate networks that provide the platform for dozens or even hundreds of advertisers. The third option is to check the target website itself for a reference to their affiliate program. Websites, which offer an affiliate program often, have a link titled “affiliate program”, “affiliates”, “referral program” or “webmasters” somewhere on their website, usually in the footer or “About” section of the site.
Even if all those methods seem to indicate that a site does not have an affiliate program, it could still be the case that there exists a non-public affiliate program. The only way to find out for sure, is to contact the site owner directly and ask.
A new MGM Grand casino will open at Foxwoods this weekend. The festivities will be overshadowed by the United Auto Workers that will protest against unfair tipping policy and the Mashantucket Pequot Tribe’s refusal to bargain, trying to negotiate a union contract.
A new way the tips are distributed among dealers is going to decrease their earnings.
“We’re glad we could reach an agreement on this event that works for everyone. We’re glad to be there, we protected our first amendment rights, and we are confident we will get our message out,” said Director of UAW Region 9a, Bob Madore.
The Union will try to make aware the casino customers of the unfair labor practices, many dealers joining the protest.
The opening will have as guests many celebrities, such as Michael Douglas and his wife, Catherine Zeta Jones, and Jamie Lynn Sigler.
During July 29-30, 2008, will take place the conference Next Generation in Gambling (NGG) (Exploring multi-channel delivery of games to customers while complying with federal and state laws in Canada, United States and Latin America).
The event will target the casino, racing, and lottery companies working in North American jurisdictions, focusing to expand delivery channels while staying in compliance with the law, developing multi-channel strategies to bring gaming products directly to consumers is a logical next step.
The topics will cover technological information via the dedicated technology track, marketing tips, thought-provoking keynotes, and panel discussions from professional speakers like Hon. Alfonse D’Amato (Chairman and Chief Executive, Poker Players Alliance), Chris Collins (Linden Lab), Shawn Kreloff (CEO, Sona Mobile).
CryptoLogic Limited, a leading software developer to the global Internet gaming market, through its wholly owned subsidiary WagerLogic, has announced a three-year licensing contract with 888 Holdings PLC, one of the world’s most popular online gaming companies. Under the agreement, 888 will select and integrate casino games from CryptoLogic that best complement 888′s broad offering.
“Today’s announcement is consistent with CryptoLogic’s strategy to partner with the world’s biggest and best gaming brands – as a way to offer the ultimate player experience,” said Brian Hadfield, CryptoLogic’s President and CEO. “888′s reputation, established player base and global marketing strength, paired with CryptoLogic’s industry-leading games – it’s a winning combination.”
“This reaffirms 888′s strategy of creating a game ecosystem, powered by an industry-leading integration infrastructure, which enables 888 to introduce a diversified offering to existing and new players, worldwide,” said Gigi Levy, CEO of 888.
“For CryptoLogic, 888 is a natural fit,” added Justin Thouin, CryptoLogic’s Vice President, Product Management and Business Development. “Together, we offer the world’s best online games through one of the world’s largest Internet casinos.”
Source: CryptoLogic Limited
About CryptoLogic:
CryptoLogic Inc. (TSX: CRY) is a Dublin, Ireland-based software application service provider (formerly Toronto, Canada), one of the four largest in the industry along with Microgaming, Playtech, and Real Time Gaming.
Cryptologic listed on the Toronto Stock Exchange (CRY) in 1998 and on the NASDAQ (CRYP) in 2000. In 2003 the company began trading on the London Stock Exchange (CRP) before achieving gaming software certification in Alderney.
The Playboy brand launched casino and poker products on Playboygaming.com using Cryptologic software in early 2007.
World Poker Tour Enterprises (WPTE) also joined the CryptoLogic network in 2007, offering both casino and poker products.
About 888.com:
888 Holdings Plc incorporates Cassava Enterprises (Gibraltar) Ltd., a limited company listed on the London Stock Exchange (LSE: 888) which operates several high-profile gambling websites: 888.com, Casino-on-Net, Reef Club Casino, Pacific Poker.
On October 2, 2006, 888 Holdings announced that it had indefinitely suspended business from US customers in light of the passage of the Safe Port Act by the US Congress three days before. On August 14, 2007, the US Department of Justice asked to recoup all profits made by the company in America. This would amount to nearly $120m for 888.
Airbus is in discussion with more clients interested to use the world’s biggest passenger plane, Airbus superjumbo A380, into a flying casino.
David Velupillai, marketing director for Airbus’s executive and private aviation division, said a fully-fitted casino could be delivered as early as 2012.
The gambling “is clearly a growing business in Asia and what this interest reflects is what is happening in Macau and Singapore. The idea of a flying casino has been mentioned before but it’s now looking a lot more concrete,” said the head of Airbus’ Executive and Private Aviation Division, Francois Chazelle.
The most important destination for the future casinos will be Asia, especially Macau.
Las Vegas Sands Corp., a hotel, gaming, and resort development company headquartered in Las Vegas, Nevada and owning The Venetian Resort Hotel Casino, the Sands Expo and Convention Center, and Venetian Macao Limited, a developer of multiple casino hotel resort properties in The People’s Republic of China’s Special Administrative Region of Macao, hopes to launch VIP charter flights between Hong Kong and Las Vegas featuring baccarat tables in Lockheed Martin planes, in accordance with a South China Morning Post
Interesting change, isn’t it? It seems that starting with this year, Las Vegas will be no more the capital of the gambling world. The Sin City is growing old.
In accordance with Macau’s Gaming Inspection and Coordination Bureau, casinos in Macau took in gross gambling revenue of $10.4 billion in 2007, up 47 percent from about $7.05 billion the year before. Four new casinos opened on Macau last year. At the end of December, Macau had 4,375 gaming tables and 13,267 slot machines in 28 casinos, up from 2,762 tables and 6,546 slots in 24 casinos a year before.
Minimum bets in the Chinese territory usually set at US$12.85, compared with a less than US$1 in some Vegas locations, allow Macau to take in far more per customer and per table than Las Vegas, says Asian Times.
“Macau has built properties based on Las Vegas’s 30 years of experience, but the Chinese market doesn’t have any experience with the Vegas product,” Andy Nazarechuk, dean of the University of Nevada Las Vegas-Singapore’s William F. Harrah College of Hotel Administration, said. “Once they learn, there will be money to be made.”
Las Vegas is growing much more slowly, and it is not entirely its fault. It is the US general policy about gambling that makes the US gambling to slow down every year. Including the policy for online gambling. At a first glance, UIGEA helped Las Vegas and the other US land casinos.
The true is, the US gambling industry lost its way during the last years, and now it tries to find it again. I am not talking about the companies, that expanded their activity in all the world, but about the US internal gambling market. The development of the Indian casinos is part of this process.
Las Vegas, billed as The Entertainment Capital of the World, is famous for massive and lavish casino resorts, the unrestricted availability of alcoholic beverages (as is true throughout Nevada), and adult entertainment. Once officially referred to as Sin City, this image made Las Vegas a popular setting for films and television programs. The major attractions in Las Vegas are the hotels. The most famous hotels line Las Vegas Boulevard South, also known as the Las Vegas Strip. Many of these hotels carry thousands of rooms and are featured on various themes. There are, of course, large casino areas in these hotels as well. There are many hotel casinos in the city’s downtown area as well, which was the original focal point of the city’s gaming industry in its early days. Several large hotels and casinos are also located somewhat off the Strip but adjacent to it, as well as in the county around the city. (Wikipedia)
Press Release
Regulating Internet Gambling Would Generate Billions in New Revenue for Critical Government Programs
Congressman McDermott Urges Congress to Support Internet Gambling Legislation
(Washington, D.C. – January 31, 2008) A new tax revenue analysis announced by Representative Jim McDermott (D-WA) estimates that regulating Internet gambling would generate between $8.7 billion to $42.8 billion in federal revenues over its first ten years. The findings of the analysis, prepared by PricewaterhouseCoopers, were provided to all Members of Congress by McDermott earlier this week.
“Before us is a tremendous opportunity to protect consumers and recoup billions of dollars that should be collected by the Internal Revenue Service,” said Representative McDermott. “These are revenues that are desperately needed, given that we are at war and face difficulty financing the nation’s priorities.”
Representative McDermott introduced the Internet Gambling Regulation and Tax Enforcement Act (H.R. 2607), which would tax regulated Internet gambling.
“To be clear, these are not mostly new taxes – the bulk of the revenues generated would come from taxes required under existing law,” said McDermott. “This is simply a framework to collect taxes on existing activity that is currently unregulated, unsupervised, and underground.”
The current approach, prohibiting Internet gambling through the Unlawful Internet Gambling Enforcement Act (UIGEA), has proved to be a failure. Notwithstanding the UIGEA prohibition, millions of Americans are still able to gamble online. In addition, proposed rules by the Treasury Department to implement the current prohibitions have been severely criticized by many parties, including the American Bankers Association, Credit Union National Association, Financial Services Roundtable, and other leading financial services companies and groups.
“Instead of this ineffective attempt to prevent adults from gambling over the Internet, we need a more sensible approach to protect consumers and ensure that revenues that now flow offshore stay here in the U.S. and are therefore subject to taxation,” added McDermott. “A new, safer, more sensible approach is needed to regulate Internet gambling and protect consumers.”
McDermott’s legislation functions as a companion bill to the Internet Gambling Regulation and Enforcement Act (H.R. 2046), legislation introduced by Representative Barney Frank (D-MA) which would establish a licensing and enforcement framework for regulated Internet gambling in the U.S. The legislation would allow States to retain full control over the regulation of Internet gambling within their borders, applying additional taxes, protections and limitations as determined necessary and appropriate.
”By prohibiting a popular, recreational activity that many millions enjoy in the comfort of their own homes, the U.S. is forfeiting billions of dollars in revenue needed for critical government programs,” said Jeffrey Sandman, spokesman for the Safe and Secure Internet Gambling Initiative. “It is time for Congress to regulate and tax Internet gambling to ensure security controls are in place to protect consumers and capture billions in revenue.”
About Safe and Secure Internet Gambling Initiative
The Safe and Secure Internet Gambling Initiative promotes the freedom of individuals to gamble online with the proper safeguards to protect consumers and ensure the integrity of financial transactions. For more information on the Initiative, please visit www.safeandsecureig.org. The Web site provides a means by which individuals can register support for regulated Internet gambling with their elected representatives.
U.K. Gambling Act of 2005 went into effect Sept. 1, 2007, restricting online gambling advertising to only those companies based in the United Kingdom or other countries in the European Economic Area. The EEA consists of the 27 countries in the European Union together with Norway, Liechtenstein and Iceland. Countries outside that area could apply for approval to be included on a “white list” of countries outside that area who would be allowed to advertise in the United Kingdom.
This week, the UK Secretary of State for Culture, Media and Sport confirmed that Tasmania will be added to the ‘white list’ of countries for online gambling advertising, but it still do not include in the list Antigua and Barbuda or the Kahnawake territory.Mohawk Council of Kahnawake is very disappointed by this decision and Grand Chief Michael Ahríhrhon Delisle, Jr. announced that they will request to be taken into consideration the Article 20 of the United Nations Declaration on the Rights of Indigenous Peoples.
Tasmania was approved after they amended tax legislation which will go into effect on January 31, 2008. The only existing approved jurisdictions outside the UK mainlands was, till now, Alderney and the Isle of Man. Gibraltar and Malta are included in the white list, Malta being by far the most popular licensing jurisdiction in the EEA.
Tasmania is an Australian island and state of the same name. It is located 240 kilometres (150 mi) south of the eastern side of the continent, being separated from it by Bass Strait. The Tasmanian Gaming Commission is an independent body responsible for the regulation of gaming in Tasmania, established under the Gaming Control Act 1993.
So, the white list includes:
Malta and any other EEA state;
Gibraltar;
Alderney;
Isle of Man;
Tasmania (after 31 January 2008).
In any other territory it is illegal for gambling operators to advertise gambling in or to the UK, including Antigua, Kahnawake, Curacao, Costa Rica and Belize.
Advertisements to the UK market also have to comply with the codes of practice of which there are three:
The Committee of Advertising Practice (‘CAP’) issues the non-broadcast Advertising Code
The Broadcast Committee of Advertising Practice (‘BCAP’) issues the broadcast Advertising Code
Gambling Industry Code for Socially Responsible Advertising
The Industry Code sets out the following general principles in relation to gambling adverts:
They should be socially responsible and comply with the CAP and BCAP rules;
They must be legal and not misleading;
Care must be taken not to exploit children and other vulnerable persons in relation to gambling activity; and
Advertisements should not be specifically and intentionally targeted towards people under the age of 18 through the selection of media, style of presentation, content or context in which they appear.
In terms of specific requirements, there are three key things implemented by the Industry Code as follows:
All non-broadcast gambling advertising should contain a link to www.gambleaware.co.uk in order that customers can be educated about socially responsible gambling and given information where they might get help for problem gambling. Although not obligatory, it is recommended that gambling operators also include the words preceding the link, “for more information and advice visit”
With the exception of bingo, new gambling products must not be advertised on television before the 9pm watershed. However this restriction does not apply to the advertising of sports betting in relation to televised sports events.
Gambling operators shall not allow their logos or other promotional material to appear on any commercial merchandising which is designed for use by children e.g. football shirts.
The advertising codes will apply to any business that wishes to advertise to or in the UK market whether or not they require a licence in the UK.
It seems that it is very hard to make predictions on gambling, this year even more difficult than the other years, and online gambling much more difficult than the classical gambling.
008 will be a very good year for the land casinos. Las Vegas has some big problems that will allow to other entertainment centers to compete successfully with the Sin City.
After several years of standby, Atlantic City will know in 2008 a new development period by building new casinos and improving the old ones.
But Macau will be the star of this year, with the most new projects for casinos, hotels and entertainment resorts. Cotai Strip will be the new center of the gambling world.
The Europeans will have their own Las Vegas too, soon. Gran Scala in Spain is a very ambitious project. This year we will see if it is a certitude for the next years, or just a chimera.
And, to not forget Russia! Russia made no major step till now, but it is very close to invest a lot of money. And, what about the Arabian gambling? Do you bet on the development of a very powerful casino entertainment center in Dubai? The partnership with MGM Mirage is just the beginning. I know about the Islamic rules, but I bet on it.
For me, a big surprise for this year is Harrah’s Entertainment. No big new projects and, at the end of the last year, the bomb (in fact, expected since a year ago): new owners for the casino and hotel resort chain of the world’s largest provider of branded casino entertainment. The surprise is even bigger taking into consideration the successful act of online gambling ban (see UIGEA). So, my prediction is that MGM Mirage will become soon #1 in the casino entertainment industry.
As for online gambling, very bad news, unfortunately. After UIGEA in US, Canada intends to ban the online gambling too, Germany already announced the interdiction for online gambling as well as for advertising the web/based gambling. There are signs that Italy will be soon with Germany on the same part of the barricade and, from the East European countries, Romania has a draft law to ban online gambling and any other related activity since two years ago, so it is possible to discuss it very soon. In this situation, and after the agreement with US, the European Commission it is possible to change its rules about online gambling even this year. I see UK the only country of the European Union that will allow the online gambling in the near future.
It is very interesting how United States, after deciding to ban the online gambling, and by means of the media, it is very close to change the mentality and principles of the whole world about online gambling. Most of the people considered online gambling a way of entertainment as any other, two years ago. Now, the same people are very convicted that they always was against online gambling and online casinos.
A special situation for online poker. If the online poker associations from US will earn the battle to allow this game on Internet (and it is a very powerful lobby for this), all the other countries, including Germany and Canada, will say that they never banned the online poker and will make an exception from the rules. But this will not happen, anyway, this year.
But we will see a spectacular increase of the skill games.
In fact, in the United States the future of the online gambling will be decided during and after the elections stated for this year, 2008. So, when you will vote, take into consideration your own option for online gambling, too.
(These predictions are based on my own experience, do not include any other considerations, I do not claim to be in accordance with the future events, I am not implied in the gambling industry except as a publisher, and I do not advice you to use it)
Harrah’s Casino & Hotel Resort chain, which also run the World Series of Poker, will have new owners, two private equity firms named Apollo Management and Texas Pacific Group, shelling out a whopping $17.7 billion for the acquisition, being complete in early 2008.
“The WSOP will remain a key brand in the Harrah’s portfolio, and one earmarked for expansion on a number of fronts,” said WSOP Communications Director Gary Thompson.
The senior management team, lead by Harrah’s Chairman and CEO Gary Loveman, as well as WSOP Commission Jeffery Pollack and his team, will be kept.
Harrah’s Entertainment, Inc.is a gaming corporation that owns and operates casinos, hotels, and six golf courses under several brands.
Harrah’s Entertainment is the world’s largest provider of branded casino entertainment through operating subsidiaries.
The company known as Harrah’s Entertainment was founded on October 30, 1937 as a small bingo parlor in Reno, Nevada operated by William F. Harrah.
Since its beginning Harrah’s has grown through development of new properties, expansions and acquisitions.
The company went public in 1971 with 450,000 shares. Following that, it was listed on the American Stock Exchange in 1972 and in 1973 Harrah’s becomes the first casino company listed on the New York Stock Exchange. Company founder William F. Harrah died in 1978.
Casinos:
Bally’s brand:
Bally’s Atlantic City (Includes Wild Wild West Casino & Claridge Towers)
Bally’s Las Vegas
Caesars brand:
Caesars Atlantic City
Caesars Indiana (being re branded to Horseshoe)
Caesars Palace Las Vegas
Grand Casino brand:
Grand Casino Biloxi (it will be renamed Margaritaville Casino and Resort)
Grand Casino Tunica (to be renamed Harrah’s Casino Tunica)
Harrah’s brand:
Harrah’s Ak-Chin Casino
Harrah’s Atlantic City
Harrah’s Cherokee
Harrah’s ChesterHarrah’s Council Bluffs
Harrah’s Joliet
Harrah’s Lake Tahoe
Harrah’s Las Vegas
Harrah’s Laughlin
Harrah’s Louisiana Downs
Harrah’s Metropolis
Harrah’s New Orleans
Harrah’s North Kansas City
Harrah’s Prairie Band
Harrah’s Reno
Harrah’s Rincon
Harrah’s St. Louis
Horseshoe brand:
Horseshoe Gaming Holding Corporation
Horseshoe Bossier City
Horseshoe Council Bluffs
Horseshoe Hammond
Horseshoe Casino Tunica
Other casinos:
Bill’s Casino Lake Tahoe
Bill’s Gamblin’ Hall and Saloon, Las Vegas, Nevada
Sheraton Hotel and Casino, Tunica, Mississippi
Casino Windsor (name to be changed to Caesars Windsor in 2008
Conrad Resort and Casino, Punta Del Este, Uruguay
Flamingo Las Vegas
Imperial Palace
O’Sheas Casino (Operated as part of Flamingo Las Vegas)
Harveys Lake Tahoe
Paris Las Vegas
Rio All Suite Hotel and Casino Las Vegas
Showboat Casino, Atlantic City
London Clubs International, UK
Margaritaville Casino and Resort, Biloxi, Mississippi
Golf club and courses:
Atlantic City Country Club – Atlantic City, NJ – Acquired from the Caesars Entertainment merger
Cascata Golf Course – Las Vegas, Nevada
Chariot Run Golf Course – Laconia, Indiana
Cottonwoods Golf Course – Tunica, Mississippi
Grand Bear Golf Course – Gulfport, Mississippi
Rio Secco Golf Club in Henderson, Nevada
Other assets:
Roman Empire Development (RED) to manage room renovation projects internally.
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U.K. Gambling Act of 2005 went into effect Sept. 1, 2007, restricting online gambling advertising to only those companies based in the United Kingdom or other countries in the European Economic Area. The EEA consists of the 27 countries in the European Union together with Norway, Liechtenstein and Iceland. Countries outside that area could apply for approval to be included on a “white list” of countries outside that area who would be allowed to advertise in the United Kingdom.
Tasmania was approved after they amended tax legislation which will go into effect on January 31, 2008. The only existing approved jurisdictions outside the UK mainlands was, till now, Alderney and the Isle of Man. Gibraltar and Malta are included in the white list, Malta being by far the most popular licensing jurisdiction in the EEA.
