Saturday, July 16, 2011

Bwin.Party Digital Entertainment sponsors EuroLeague Basketball; PartyCasino And PartyPoker News, by Greg Tingle - 16th July 2011

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The world’s largest listed online gambling operator, Bwin.Party Digital Entertainment, has announced that its Bwin brand has signed a three-year deal to serve as the title sponsor for the EuroLeague Basketball professional club basketball competition.

Bwin.Party revealed that the deal will see every one of the EuroLeague’s matches streamed live in more than 30 European countries with active Bwin sportsbetting customers able to watch for free.

“We are proud to announce the EuroLeague Basketball agreement, which represents a perfect match to our long-lasting relationship with the International Basketball Federation (FIBA), the world governing body for basketball,” said Norbert Teufelberger, Co-Chief Executive Officer for Bwin.Party.

“This makes Bwin.com an even stronger brand as we will now cover both club basketball with the EuroLeague and the national teams through our FIBA partnership. Basketball, along with football and motorcycle racing, is one of the three pillars of our sport sponsorship strategy.”

Bwin.Party described EuroLeague Basketball as ‘the most important professional club basketball competition in Europe’ while stating that the agreement ‘significantly broadens the footprint of Bwin.com within European basketball’ and would strengthen its sports brand philosophy.

“It is a big step for EuroLeague Basketball to welcome Bwin.com as partner until 2014,” said Jordi Bertomeu, President and Chief Executive Officer for EuroLeague Basketball.

“The most important basketball competition in Europe now gets the most important sportsbetting brand, Bwin.com, as a supporter to take club basketball´s popularity in Europe to an even higher level.”

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Bwin.Party Digital Entertainment VS The World...

Shares in online gaming firm Bwin.Party surged Friday after competitor Full Tilt had its licence suspended.

A US investigation into the companies founders led the gambling commission of the Channel Island of Alderney to order the firm to stop trading with immediate effect while it conducts its own investigation.

Full Tilt was indicted in the United States for alleged gambling offences, money laundering and bank fraud.

In a research note, UBS analyst Simon Whittington says the news is positive for remaining European poker operators.

He advised: "We estimate that Full Tilt has a 10-15% share of the non-US poker market. With a similar share themselves, we believe Bwin.Party should be a prime beneficiary of any market 'vacuum' created."

Austrian Bwin merged with rival PartyGaming earlier this year. The company is based in Gibraltar, a preferred location for igaming companies due to its relaxed tax laws and well-regulated gambling - gaming system. After their initial surge its shares fell back to close 1.2%.

Bwin.Party Digital Entertainment (BPTY) Share Price Information

Share Price: 151.00 Bid: 151.00 Ask: 151.20 Change: 0.00 (+0.67%)


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

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Bwin.Party Digital Entertainment Confirms Ongame Poker Network Deal Possibilities

The Ongame poker network is "likely" to be sold, bwin.party has confirmed that a formal process to sell the B2B network is on the way.

The announcement was made earlier today ahead of today’s Annual General Meeting, the first held by the giant since the merger between Bwin and PartyGaming was completed last March.

The statement read "One area of our stated strategy was to recycle surplus assets,"..."We expect that any sale will be completed by the end of the year."

No licensee on the network has yet responded to bwin.party’s announcement, although Betfair’s outgoing CEO David Yu passed opinion on Ongame just yesterday.

Bwin.Party’s AGM statement contains details of a planned share buyback, which will see the company follow the examples of Playtech and Betfair in making such a move, plus news of a progressive dividend policy containing a €30m dividend payout for the year ending 31 December 2011.

As we go to press trading is described as “Broadly in-line with management's expectations,” however analyst James Hollins, of Evolution Securities, advised in a memo earlier today that “The stock remains a Neutral ahead of potentially disruptive German legislation near-term.”

Meanwhile Simon French, of Panmure Gordon, reiterated his firm’s ‘buy’ recommendation, explaining “[We] expect the shares to respond well to the dividend and share buyback news.”

German sports betting proposals in April had seen the share price of bwin.party dive 16% in a day, and a decision on the country’s State Gambling Treaty is expected in October.

Yesterday things turned around following the suspension of Full Tilt Poker’s licences in Alderney - the share price ended the day at 148.2p, an increase of more than 10% day-on-day.


Bwin.Party In Line With Management's Expectations

bwin.party digital entertainment's trading performance since the beginning of April has been broadly in line with management's expectations.

But is says sports margins have been lower than expected due to a favourable run of events for customers in May.

The improvement in new player sign-ups in poker, following action taken by the US authorities against certain of the group's online poker competitors on 15 April, has not had a material impact on poker revenue as new players represent just a small proportion of the overall player base and these companies have so far continued to command significant market share in non-US markets.

Casino continues to perform well while bingo has been slightly softer than expected in the period.

At 8:47am: (LON:BPTY) share price was +0.5p at 148.7p.


Bwin.Party Digital Entertainment Big On Security

The online gaming business PartyGaming has also long since been protecting its players with strong authentication. After all, there is a lot of money at stake – money that the dark forces may want to siphon away. PartyPoker, PartyCasino, PartyBingo and PartyGammon customers register by downloading the PartyGaming customer software. After registration, they can obtain an authenticator called PartySecure from the online store. This is again a Digipass Go 6 that has been completely adapted to the branding of PartyGaming. Here again, a Vacman Controller Server takes over the authentication. “The solution is highly scalable,” stressed a PartyGaming spokesperson. “It can grow with us and effortlessly cope with the growing number of online-players on our platform.”


Australian Tony G Inks Player Representation Agreement With PartyPoker

There's only an elite few poker players who are also extremely astute businessmen, and Australian Tony G is one such ace. Having amassed over $4 million in live-tournament winnings and having a few other healthy income streams the only thing missing from the mans achievements was a major representation deal with a major online site. Enter PartyPoker.com

Tony G in a cunning moving has sold his Tony G Poker official website and IP to the igaming powerhouse giving the Bwin.Party giant access to the website's strong poker player database.

Mr G said he couldn't be more pleased about his new deal and that he is ready to take on all challengers. "I cannot wait to start playing for Team Party on the circuit. I’ve always loved Party and what better way to kick off than at the Aussie Millions. I am also really excited about the Premier League in February ...it is the best event in poker in my eyes. After finishing runner-up and third in the last two years the title has to be mine! I just hope my rivals have the heart and commitment to the game to stop me!"

His new deal incorporates live tournament buy-ins to events around the world and he will play online under the screen name "TonyG." He joins an impressive roster of Team Party players including Mike Sexton, Kara Scott, Ian Frazer, Bodo Sbrzesny, Remy Biechel, Stewart Scott and Felipe ‘Mojave’ Ramos.

The Tony G Poke website will migrate all its players to NoblePoker.com, (a Bwin.Party subsidiary). As part of G's deal, he will continue to run the Sunday Bike Ride, a popular bounty promotion on the site. According to G, this will give Tony G Poker players added value over the long run.

"It’s business as usual for Tony G Poker.com The exciting acquisition of its assets by the PartyGaming will create a larger more flexible and productive playing environment," said the G. So, whether online poker, online casino or other tickle your fancy, the good folks at Bwin.Party Digital Entertainment have your number.

The company is currently expanding worldwide, and growing markets include Australia, Canada, Italy, Spain, and the firm is currently talking turkey with U.S regulators regarding a full return to the U.S market, where its World Poker Tour brand should prove to be the door opener, followed by sports betting and online casino offerings, all under the Bwin.Party banner. It's b2b deals with Marvel Entertainment, Frank Sinatra Enterprises, Paramount Pictures, Dark Horse Comics and International Game Technology are also understood to be giving the powers that be confidence to get negotiations with Bwin.Party to the next stage.

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Thursday, July 14, 2011

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

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

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

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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 Bwin.Party Digital Entertainment brands.

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The PartyCasino.com jackpot is currently approaching the $4 million mark. Players can also compete for The Big One and Marvel Hero Jackpot, playing the Marvel super hero themed online slot games.

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Bwin.Party Digital Entertainment Co-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.

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News Limited News Update: News Of The World, Herald Sun, BSkyB..., by Greg Tingle - 14th July 2011

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'Brooks, catastrophe': Last laugh for NoTW staff as final crossword takes aim at Rebekah

Sacked News of the World staff appear to have fired a parting shot at their former editor Rebekah Brooks, disguising mocking messages in the crossword of the tabloid's final edition.

Brooks, now the chief executive of News International, reportedly brought in two loyal proofreaders to sanitise Sunday's final edition of any jibes directed at her following the newspaper's spectacular demise during the phone hacking scandal.

But they failed to detect the not-so-cryptic clues that appear to savage her in the crosswords on page 47.

Among the clues in the paper's Quickie puzzle were: "Brook", "stink", "catastrophe" and "digital protection".

The Cryptic Crossword appears to go even further, including the hints "criminal enterprise", "mix in prison", "string of recordings", and "will fear new security measure".

Another clue was "woman stares wildly at calamity", with suggestions it refers to a photograph of Mrs Brooks as she left the News International HQ in east London on Thursday after staff were told the paper would be shut down.

The answer to that particular clue was "disaster".

Other answers included: "Deplored", "stench", "stir", "menace", "desist", "racket" and "tart".

A source at the News of the World told the Daily Mail that "Rebekah tried everything to stop the staff having the last word and she utterly failed".

"She brought in two very senior Sun journalists to go though every line on every page with a fine toothcomb to ensure there were no libels or any hidden mocking messages of the chief executive," the source said.

"But they failed and we've had the last laugh."

The decision to close the Rupert Murdoch-owned tabloid after 168 years in print follows an extraordinary week of revelations about intrusive phone hacking and alleged pay-offs to police from the newspaper. It was revealed that the tabloid had tapped into the phone messages of murdered schoolgirls and relatives of slain soldiers and 2005 London bombing victims.

The job losses sparked scenes of anger last week at the paper's headquarters, largely directed at Brooks.

She was the editor in charge when phone-tapping practices were used but has somehow been spared the knife.

In a secret recording made as she addressed staff on Friday, Brooks can be heard saying: "This is not exactly the best time in my life but I'm determined to get vindication for this paper and for people like you."

The staff then cheer as an unidentified male staff member angrily replies: "You're making the whole of News International toxic. There's an arrogance that you think we would want to work for you."

Murdoch flew in to London overnight to deal with the crisis engulfing News International, and was pictured leaving his apartment with his arm around Brooks, whom he described as his number one priority. (Credit: The Age)


News apologises for website virus after hack attack...

Readers of Melbourne’s Herald Sun website may have been exposed to a virus, the News Limited tabloid’s website said this week, in another embarrassment for the media company.

"The Herald Sun wishes to apologise to any readers who may have been affected by a virus that appeared for a short time on heraldsun.com.au,’’ the newspaper said in a note posted to its website. ‘‘The offending virus and files were quickly removed and the site is operating as normal."

The Herald Sun warned readers that their computers could only be infected "if you clicked ‘allow’ to a software download in a pop-up window from bogus sites’’.

Herald & Weekly Times digital operations and business strategy director Peter Clark blamed a hacking attack for the virus.

"The Herald & Weekly Times, publishers of heraldsun.com.au, can confirm that we did have a hacking attack on the Herald Sun website on Monday July 11," he said. "The attack attached malware on some files on the site."

"We have since addressed the issue, but we are not in a position to release any further details on the basis that it may provide information for further attacks," said Mr Clark.

The trouble for the newspaper come as shares in parent company News Ltd skidded on continuing worries about the fallout from the phone hacking scandal in the United Kingdom. Revelations about the extent of the problem at the global media company’s UK operations have electrified the public - both locally and overseas - unleashing a firestorm of criticism as well as multiple investigations in the UK.

James Turner at Sydney-based IT advisory services company IBRS said organisations, like the Herald Sun, "should be talking to their web hosting provider about what measures are in place to prevent this kind of thing from happening".

"It's embarrassing for any organisation to have its website passing off malware to customers," said Mr Turner. "We're still in the Wild West days of the Internet and so many organisations are taking the cheaper path, purely because they don't understand the value in IT security."

Malware, similar to a virus, is a program that infects a host computer, compromising the user’s privacy, or hijacking its normal operation.

The Herald Sun recommended users who believed their computer had been infected should run a full anti-virus scan.

Chris Gatford director of security consultancy Sydney-based HackLabs said, the majority of users were more likely to be caught by malware.

That’s because less savvy web suffers often run older operating systems on their computers and web browser that might lack crucial security patches.

Malware can alert people to fake anti-virus software, which it says is needed to “clean” the victim’s computer, he said.

“However, after taking money, it does nothing and sits in the background (of your computers system).”

Malware could also add making a PC user an unwitting accomplice to a botnet, or a network of computers that illegally shares media files or mounts attacks on other websites, he said.

Other malware programs try to ferret out a computer users banking details. (Credit: The Sydney Morning Herald)


News shares rally after bid for BSkyB dropped...

Shares in News Corp have jumped more than 4 per cent after Rupert Murdoch dropped his bid for British pay TV giant BSkyB.

The move comes after the scandal over newspaper phone-hacking at Mr Murdoch's UK paper News of the World escalated.

The announcement came overnight shortly before Britain’s parliament began debating a government-backed motion calling on the media baron to halt his attempt to acquire the 61 per cent of satellite broadcaster BSkyB his company does not own.

New Corp’s main stock on the Australian Securities Exchange added 62 cents, or 4.2 per cent, to $15.36 in mid-morning trade. It’s non-voting stock was up 55 cents, or 3.9 per cent, at $14.81.

Prior to today, about $6.5 billion had been wiped off the company’s market capitalisation since July 6, after news of the phone hacking scandal emerged in the UK.

Shares in British Sky Broadcasting Group also rose overnight after the takeover bid for the company was pulled.

BSkyB shares closed 2 per cent higher at 705 pence, after trading around 680 pence when News Corp said it was pulling its bid.

In the immediate aftermath of the statement, the shares tanked to a low of 665 pence, but that knee-jerk sell-off proved short-lived as investors had already concluded that the bid was doomed given the toxic political environment.

Analysts said News Corp's decision will, counter-intuitively, help BSkyB after a week-long battering following the disclosure of widespread phone hacking at the News of the World.

Now that the bid has been pulled, speculators like hedge funds - who were looking for windfalls from the prospect of a higher News Corp offer - are pulling out. At the same time, however, new investors are looking to buy up what has become relatively cheap stock for a company that is highly profitable. (Credit: AAP)

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