03 July 2011

Bwin.Party Digital Entertainment VS The World, by Greg Tingle - 3rd July 2011

Profiles

Sin City PartyCasino.com Bwin.Party Digital Entertainment Hollywood Slots Comics
PartyPoker.com



Profiles

Sin City PartyCasino.com Bwin.Party Digital Entertainment Hollywood Slots Comics Dark Horse Comics iGaming

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%)


Preview Of PartyCasino

PartyCasino.com has the most frequent game launches in the industry and offers over 160 games, including over 100 slots. PartyCasino.com pays out easily over $10 million EVERY DAY to players. “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 over $1.6 million.

Profiles

Bwin.Party Digital Entertainment PartyCasino.com PartyPoker.com PartyBets.com PartyBingo.com Gamebookers.com Movies Sin City

In the meantime PartyCasino.com continues to roll out new games and initiatives.

The most popular PartyCasino.com games of late include Sin City, Unicorn Legend, 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 $4 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 Sin City, The Sting, Unicorn Legend, 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 and TV 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.

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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Websites

PartyCasino.com

PartyPoker.com


There's Never Been A Better Time to Play at PartyPoker

GIBRALTAR - June 29, 2011 - There's never been a better time to play at leading online poker room PartyPoker.com New offers introduced TODAY include:

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Cleaning up at the tables? Fancy a bigger project or just a bit of fun? Your chance to achieve total 'World Domination' gets underway at PartyPoker.com from the 8th July 2011. Conquer 72 cities by earning PartyPoints and pick up freerolls, cash prizes and a potential top prize of $100,000 on the way!

A PartyPoker.com spokesman said: "The premise is simple – divide and conquer! Rome wasn't built in a day but it could be won in an hour! Turn your PartyPoints into cities - the empire building continues until the 31st August or until all cities are conquered. There are 72 cities to conquer and freeroll seats, cash payouts and a top prize of $100,000. Just earn 10 PartyPoints to be randomly awarded a city from 72 available."

"Many of the cities have cash prizes and freeroll seats attached The big money comes in when you can complete all the cities in an entire continent, for example, getting all of Asia wins you $5,000 and Europe will bag you $20,000. Finally, a player who gets every single country has world domination – worth a cool $100,000."

As an incentive to get started, PartyPoker.com give you your first city for just 5 points. Tony G writes from his secret underground bunker at PartyPoker.com

Players can earn up to 100 cities a day throughout the World Domination promotion. Reveal the ones collected by logging in to your Party Account, checking the interactive map and start to accumulate a fortune.

For more information see: PartyPoker.com


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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