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$24b
to zero: Sam Bankman-Frieds fortune dissolves
in days - November 14, 2022
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$24b
to zero: Sam Bankman-Frieds fortune dissolves
in days - November 14, 2022
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The
entire $US16 billion ($24 billion) fortune of former
FTX co-founder Sam Bankman-Fried has been wiped out,
one of historys greatest-ever destructions of
wealth.
The
downfall of his crypto empire which filed for
bankruptcy on Friday along with his resignation
means assets owned by the mogul once likened to John
Pierpont Morgan have become worthless. At the peak,
the 30-year-old was worth $US26 billion, and he was
still worth almost $US16 billion at the start of last
week.
The
Bloomberg Billionaires Index now values FTXs
US business of which Bankman-Fried owns about
70 per cent at $US1 because of a potential
trading halt, from $US8 billion in a January fundraising
round. Bankman-Frieds stake in Robinhood Markets
valued at more than $US500 million was also removed
from his wealth calculation after Reuters reported
it was held through his trading house, Alameda Research,
and may have been used as collateral for loans. FTX.US
and Alameda were also part of the bankruptcy filing.
In
announcing it was filing for Chapter 11 bankruptcy,
FTX said Friday in a statement that Bankman-Fried
has resigned as chief executive officer and will be
succeeded by John J. Ray III. Ray, a turnaround and
restructuring expert, previously served senior roles
in bankruptcies including Enrons. The initial
filings offered no explanation for the firms
downfall.
More
than 130 entities tied to FTX.com, FTX US and trading
firm Alameda Research Ltd. were listed in filings
at federal court in Delaware, with the Alameda petition
listing assets and liabilities of at least $US10 billion
each. That easily makes it the biggest bankruptcy
in the US this year, affecting investors and other
counterparties globally.
Its
such an unfortunate, stunning and shocking moment
for the industry, Owen Lau, analyst at Oppenheimer
& Co. said. There will be a lot of angry
investors, angry customers and angry regulators around
the world.
Employees
are expected to continue with the company and assist
Ray and independent professionals during bankruptcy.
Bankman-Frieds
empire crumbled this week after a liquidity crunch
at one of its affiliates. Its US exchange, FTX.US,
said on Thursday that customers should close out any
positions they want to and that trading may be halted
in a few days. In the Bahamas, where FTX.com is based,
authorities froze the assets of its local trading
subsidiary and related parties.
Its
possible Bankman-Fried owns assets not tracked by
the Bloomberg index. Alameda made about $US1 billion
in profits last year and FTX made hundreds of millions
more.
Tech
news website The Information reported on Thursday
that he had more than $US500 million invested in funds
managed by Sequoia and other venture capital firms,
and was also an investor in media startup Semafor.
But if those assets are held through Alameda they
might be wiped out by its losses.
For
his part, Bankman-Fried is being investigated by the
US Securities and Exchange Commission for potential
violations of securities rules, a person familiar
with the matter said.
The
Bahamian police said theyre working with the
Bahamas Securities Commission to investigate whether
there was any criminal misconduct in the collapse
of FTX.
Bankman-Fried
was interviewed by Bahamian police and regulators
on Saturday, according to a person familiar with the
matter. In the Bahamas, law-enforcement inquiries
dont necessarily mean someone will be arrested
or charged with a crime.
Archive
Bwin
Surges as New Jersey Opens Gaming Floodgates: London
Mover - 27th Feb 2013
Donald
Trump heading to WWE Hall of Fame 2013
Future
of Sydney casino market unknown - 21st Feb 2013
Turn
of the card eats into Crown's profit - 23rd Feb 2013
Crown
bets on lure of more casinos - 23rd Feb 2013
Hi-tech
Echo to slash costs - 18th Feb 2013
Gamesys
acquires Richard Branson owned Virgin Games to boost
gaming and igaming business - 7th January 2012
James
Packer going to Hollywood to help make movies; Big
money still talks in showbiz -
13th December 2012
Las
Vegas casino boss takes over Echo Entertainment -
12th December 2012

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News
James
Packer going to Hollywood to help make movies; Big
money still talks in showbiz -
13th December 2012
Las
Vegas casino boss takes over Echo Entertainment -
12th December 2012
News
Sydney's
second casino a step closer - 25th October 2012
The
New South Wales Government has announced that James
Packer's proposal to build a second casino in Sydney
has moved to stage 2 of consideration.
Seven
weeks after the Government received an unsolicited
proposal from James Packer to build a six-star hotel
with high roller gaming rooms at Barangaroo, the heads
of the Department of Premier and Cabinet and the Treasury
have now given the go ahead for Crown to develop a
more detailed plan.
The
Premier Barry O'Farrell says the Government will not
allow poker machines in the new development, and he
has stressed it is only passed the first hurdle in
a three-stage process.
"At
the end of each stage the Government has the option
of either giving the project the green light to proceed
or a red light and it simply stops there," he
said.
The
Opposition supports the proposal on the grounds it
will not have poker machines.
Its
construction means Sydney will become the only state
capital with two casinos - it already has Star City.
The
Premier says any new casino will not be allowed to
start operation until 2019 because of an exclusivity
arrangement with Star Casino.
But
if the project is given the go ahead, laws will have
to be changed to allow a second casino licence in
Sydney.
News
Melbourne
Storm NRL team ink sponsorship deal with Packer's
Crown Casino; Sydney news, by Greg Tingle - 31st August
2012
Melbourne
Storm Crown
Casino Crown
Limited
The
Melbourne Storm is raking it in, with an extra $1.5
million in with Crown Limited inking as major sponsor
for a third year running, while rugby league in Victoria
could also benefit significantly.
Thursday's
renewal of Crown's only team sponsorship is believed
to be valued at $1 million, give or take a few dollars.
The
funds boost joins the $500,000 Australian Rugby League
Commission chairman John Grant confirmed on Monday
would be delivered to all clubs before October 31.
With
a back-of-jersey sponsorship still to be sold before
the finals, Storm might well collect another payday.
Club
chief exec Ron Gauci advised the funds would be used
to help expand the code in Victoria, a cause boosted
last month with the debut of born-and-bred local Mahe
Fonua.
Storm
officials aim to fund youth teams down to under-16s
and spend up to keep Melbourne "ahead of the
pack" with cutting-edge, football-specific technology.
"We'll
continue to invest in the organisation. We'll invest
both across the football department and administration,"
Gauci said.
"We
want to continue being best practice and continue
being ahead of the game. We'll invest in football
operations and pathway development.
"We
want to extend the Storm brand beyond the under-18s
and we've put in a proposal to the Australian Rugby
League Commission to facilitate the growth of the
game in Victoria and now have the funds to help make
that happen.
"For
us, any investment needs to have a long-term benefit."
The
push from the Government-backed Victorian Major Events
Company to secure more State of Origin clashes in
Melbourne could reap even more cash for local rugby
league.
Plans
are in place to establish a youth academy, with only
the arrival of sufficient funding needed to make it
happen.
Great
to see Crown's casino king James Packer sharing the
love and funds around to worthy causes.
It's
understood that Sydney's South Sydney Rabbitohs management
including king bunny, Russell Crowe, are taking an
interest in the way The Storm and Crown do things,
as you might expect with Rabbitohs also having a sponsorship
deal with gaming - entertainment firm - The Star.
Sydney NRL team also has casino deal...
The
South Sydney Rabbitohs are continuing to enjoy their
sponsorship deal with The Star (formally known as
Star City Casino).
NRL
top brass has said rugby league has benefitted from
its association with betting agencies because it allows
better access to information about irregular plunges.
As
the Australian and globally economy continue to go
through tough times its going to be interesting to
see if more NRL teams ink deals with Australian casino
or gaming firms. I for would would bet yes.
And
what's to become of the Barangaroo 6 star hotel and
casino development in Sydney? Could they also become
a sponsor of an NRL team? With James Packer in the
think of the action one would think so. Keep watching
this space.
Media Release...
Exclusive
Deal For 6 Star Hotel...
Last
week's announcement by Lend Lease and Crown, that
they had signed an exclusive agreement to develop
a six star hotel at Barangaroo South, has attracted
wide ranging media coverage and commentary. Below
is a summary of the media releases and media coverage
to date.
Following
the announcement, the Authority confirmed it will
continue to work with Lend Lease, and now their exclusive
rights partner Crown, to negotiate a new location
for the hotel in Barangaroo South and oversee the
appropriate planning applications that must be approved
before any concept moves ahead.
Acting
Premier Andrew Stoner last week said the development
of such a hotel would represent a significant investment
in NSW tourism infrastructure, and todays agreement
is a vote of confidence in the NSW economy.
It
is, of course, subject to all the necessary planning
and regulatory approvals but Lend Lease already has
an existing permit to build a hotel in Barangaroo
South and are negotiating with the Barangaroo Delivery
Authority to relocate that onshore, he said.
The
creation of a hotel of this stature would deliver
new jobs in construction, off-site manufacturing and
the tourism industry, along with hundreds of millions
of dollars for the State economy each year.
Lend
Lease Group Chief Executive Officer and Managing Director,
Steve McCann, said that Lend Lease and Crown would
now work towards achieving the necessary development
approvals from the NSW Government for the hotel and
jointly develop the concept plan for the hotel. Lend
Lease is currently in negotiations with the NSW Government
to finalise the hotel location.
Barangaroo
South is a major urban regeneration project that provides
a unique opportunity to create a world class commercial,
residential, entertainment and mixed use destination
on Sydney Harbour. A key part of Lend Leases
vision for Barangaroo South is to have a high quality
international hotel, said Mr McCann.
*the
writer is a shareholder in Crown Limited, Virgin Blue
and Ten Network Holdings.
News
Australian
business press digest: June 6 2012
Compiled
for Reuters by Media Monitors. Reuters has not verified
these stories and does not vouch for their accuracy.
THE
AUSTRALIAN FINANCIAL REVIEW (www.afr.com)
New South Wales Premier Barry O'Farrell yesterday
said that the push by casino operator Crown Ltd's
to seize control of rival Echo Entertainment Group
was "starting to look like a political campaign".
Mr O'Farrell also acclaimed Crown chairman James Packer,
who is attempting to have John Story removed as chairman
of Echo, as a "shrewd and successful" businessman.
Page 17.
--
Hardware big-box retailer Bunnings is being encouraged
to increase its use of e-commerce, with rival home-improvement
franchise Masters preparing to unveil Australia's
biggest online do-it-yourself store. "Online
(hardware) is a growing category. The percentage online
has gone up more than other categories such as food
and groceries, alcohol and furniture," Phil Harpur,
senior research manager at analysts Forrester Research,
said. Page 17.
--
Campbell Wilson, chief executive of Scoot, yesterday
said that the discount airline could lure customers
away from rivals such as Jetstar despite the current
turbulent economic conditions. "People's desire
to travel doesn't change because of the economy, particularly
leisure travel. It's just their willingness to pay
for it, and so if they can still get a good value
option, they will take it, and they will trade to
an airline like us that offers very good value,"
Mr Wilson remarked. Page 18.
--
Paul Howes, national secretary of the Australian Workers
Union, yesterday said it was "absolutely amazing"
that the Foreign Investment Review Board's approval
was not required for Etihad Airways to increase its
stake in local rival Virgin Australia. "Ultimately,
Etihad is a plaything of the Abu Dhabi royal family
that means it is essentially sovereign capital and
it is taking a significant stake in Australia's second
biggest airline not being subject to [the review
board's] scrutiny is ludicrous," he said. Page
18.
--
THE AUSTRALIAN (www.theaustralian.news.com.au)
The Reserve Bank of Australia yesterday reduced official
interest rates by 25 basis points to 3.5 percent,
but some analysts said the decision was insufficient
to substantially boost the local economy. Belinda
Allen, senior analyst at wealth management group Colonial
First State, yesterday said that while the move would
generate "some short-term confidence" it
would be "hard to see strong gains in the market"
until there was a more substantive solution to the
European debt crisis. Page 35.
--
The International Energy Agency yesterday announced
that Australia's A$205.5 billion pipeline of liquefied
natural gas ventures may be held up by high costs
and various other project risks, which could cause
gas prices to surge in 2015. "These projects
are likely to face many challenges, including higher
capital costs and workforce shortages; they are expected
to come on later than announced," the agency
stated in a report. Page 35.
--
James Hogan, chief executive of Etihad Airways, last
night confirmed that the airline was holding discussions
with the Foreign Investment Review Board to increase
its holding in rival Virgin Australia. "Certainly,
we don't intend to become a majority investor. We're
keen to have a strong minority stake that strengthens
our partnership with Virgin Australia," Mr Hogan
said. Page 35.
--
Shares in Qantas Airways yesterday plunged by A26.5
cents to A$1.155 after chief executive Alan Joyce
announced that the company was scheduled to report
its first annual loss since listing on the local stockmarket
in 1995. The airline is now worth A$2.6 billion on
the market, well below the A$11 billion takeover offer
from Airlines Partners Australia that was rejected
by Qantas shareholders in 2006. Page 35.
--
THE SYDNEY MORNING HERALD (www.smh.com.au)
Analysts NAB Global Markets yesterday warned that
Qantas Airways could see its credit rating downgraded
by global agencies, after Qantas chief executive Alan
Joyce predicted annual underlying profit to decrease
by 91 percent. Mr Joyce yesterday tried to reassure
investors that Qantas "cashflow remained strong"
and that "no plans for an equity raising to bolster
capital" were underway. Page B1.
--
The Australian Securities and Investments Commission
yesterday confirmed that there was "insufficient
evidence" to prosecute Jack W. Flader, the former
Hong Kong businessman behind the largest superannuation
theft in Australian history. Deb O'Neill, who led
a parliamentary inquiry into the matter, said that
it was "now the responsibility of the Australian
Federal Police and the Australian Crime Commission
to investigate". Around A$123 million in funds
was scammed through a complicated nexus of foreign
funds. Page B3.
--
PPB Advisory, the administrators of Hastie Group,
yesterday declared that buyers had been found for
the collapsed engineering firm's mechanical services
division D&E Air Conditioning and its Cooke &
Carrick hydraulics business, preventing 408 employees
from being made redundant. Craig Crosbie, partner
at PPB Advisory, said he expected three more units
to be sold off shortly, which would save another 50
jobs. Page B3.
--
Warrnambool Cheese & Butter yesterday said reductions
in prices for commodity dairy products like skim milk
powder had forced the company to lower its profit
projections for the current financial year. The cheese
and butter manufacturer announced that net profit
after tax would be as much as 30 percent lower than
last year's A$18.5 million result. Paul Jensz, analyst
at researchers Austock, praised management for limiting
the earnings downgrade to the extent it did given
the market conditions. Page B4.
--
THE AGE (www.theage.com.au)
Bank of Queensland yesterday announced that it would
lower variable borrowing rates by 20 basis points
to 6.91 percent, after the Reserve Bank of Australia
decided to cut the official cash rate by 25 basis
points to 3.5 percent. Economists at Westpac Banking
Corporation forecast that the central bank would lower
rates later this year, with a prediction that the
cash rate would be 2.75 percent by the end of 2012.
Page B1.
--
Coca-Cola Amatil (CCA) yesterday announced a six-step
program for re-entry into the local brewing sector,
which will see the beverage manufacturer compete against
global giants like SABMiller and Kirin. According
to documents filed with the Australian Securities
Exchange yesterday, CCA will initiate export an program
for its Fijian beer labels and begin creating strategic
partnerships. The company would then use international
partnerships to enter the New Zealand market. Page
B2.
--
Logistics group QR National yesterday announced it
would terminate over 500 jobs, mainly from its maintenance
and manufacturing departments. "We continue to
deal with a raft of legacy issues including higher
than required staffing levels, high corporate overheads
and bureaucratic structures, after more than 145 years
in government ownership," managing director Lance
Hockridge said. "Our cost base is too high when
compared to competitors and rail industry peers,"
he added. Page B4.
--
The Fair Work Ombudsman yesterday declared that it
was inquiring into claims from former Future Building
Material Corp employees relating to unpaid superannuation
and wages. The building materials firm was established
by John Hancock, son of the wealthiest woman in the
world, mining magnate Gina Rinehart. Jerome Naidoo,
Mr Hancock's business partner, yesterday said he "welcomed
the investigation". Page B4.
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Bwin.Party
Digital Entertainment Betting On United States - 20th
Oct 2011
James
Packer - Andrew "Twiggy" Forrest Indigenous
Employment Tag Team - 6th July 2011
PartyGaming
and bwin merge to become bwin.party digital entertainment;
Eyes on U.S, by Greg Tingle - 4th April 2011

News
Asia
Pacific Mega Gambling News Update, by Greg Tingle
- 9th April 2011
Newcastle
NSW War Pokie Laws...
New
poker machine restrictions proposed by Tasmanian independent
Andrew Wilkie will "annihilate" pubs and
clubs in the Hunter, leaving hundreds out of work,
ClubsNSW Newcastle councillor Jon Chin says. Clubs
Australia is launching a $20 million advertising campaign
on Monday in an attempt to prevent the introduction
of mandatory pre-commitment technology for all poker
machines. Banjo, a John "Singo" Singleton
company is behind the campaign. Mandatory pre-commitment
requires pokies users to commit to a spending limit
before they begin gambling. Once they reach that limit
they will be unable to gamble again until the following
day or longer, depending on what restrictions the
player sets for themselves. Chin said the cost of
implementing the new technology in the Hunter region
would surpass $100 million. This figure did not include
the 40% in revenue clubs would experience once the
restrictions were imposed, he said. "This means
Hunter clubs will lose another $100 million, making
it impossible for us to sustain our businesses,"
he said. Australian Hotels Association Hunter sub-branch
vice-president Bruce Woods said there was no evidence
to suggest the restrictions would discourage people
from gambling. "This won't help pathological
gamblers at all but it will lead to a loss of jobs,"
he said. "We support the clubs' campaign against
this, it will affect pubs just as much as clubs".
Online
Gaming Strong Growth In Asia...
Online
gaming industry has grown into a $US3 billion business
that provides a good standard of living to migrant
workers in Asia who play games all day and sometimes,
all night! Virtual currency is all the rage, it sometimes
gets sold to punters abroad for cash. A World Bank
study demonstrates an emerging industry in which firms
seeking to boost their brands' popularity pay low-skilled
workers overseas to become their Facebook fans or
Twitter followers. The study, Knowledge Map of the
Virtual Economy, is the World Bank's first in-depth
look at the impact of online gaming and social media
in the developing world. Vili Lehdonvirta, a co-author
of the report, advised that the bank should not pour
its money into the industry, because he said the deal
making violated some of the game publishers' terms
of service and was cheating. Known in the business
as "gold farming", the game-playing boomed
in the early 2000s with games like World of Warcraft
and has evolved considerably. Labourers in Asia spend
numerous hours each day advancing through levels of
an online game, picking up gold, swords and gems that
enhance a game player's status. Then gaming studios,
which employ the players, sell those virtual goods
to online retailers. Next step, the retailers sell
on those goods to more than 120 million players globally,
many of them in Europe and North America, who don't
want to play the games day and night to gather their
own. The bank's report indicates that online gaming
has a positive impact in Asia because 70% of the industry's
revenue remains in the gaming countries, with most
of that money going to the gaming studios. Compared
with the $US70 billion coffee market...in which only
a tiny fraction of the revenue remains in the bean-growing
countries...the gaming industry had a "much better
development impact", the report states. A report
survey checks out on a group of 26 players and studio
managers that offers a rough, yet rare demographic
look at their lives. Most of the players work out
of studios in China, in Beijing or Changsha, capital
of Hunan province. They earn an average wage of $US2.70
an hour, $US1 more than Beijing's minimum wage for
part-time factory work. "The larger point is
that online gaming is often viewed as exploitation,
Lehdonvirta said. "Certainly it's not a dream
career, but the players are not at sweatshop levels."
The gaming studios keep about 60% of the industry's
$US3 billion in revenue. Readers, would you like to
be a prize gather for the gaming studios on that level
of pay? Better not answer!
Samoan
Casino Proposal Has Social Concerns For Kiwi, Samoan
Locals...
All
these places have land based casinos - Las Vegas,
Monte Carlo, Macau, Melbourne and just maybe soon
- Apia in Samoa. Some business folks have earmarked
it as a future gambling destination, and Kiwi group,
the Problem Gambling Foundation of New Zealand, is
advising against it, citing social harms of a casino
will outweigh any economical benefits that the Samoan
government will hope to achieve. In an admission of
the dangers of gambling, the proposed casino in Apia
will attempt to bar locals by only allowing the holders
of foreign passports to gamble. Problem #1... many
locals have duplicate passports, so getting in to
a casino for locals may not be that hard, and don't
even bring up the subject of fake ID. Will the region
get a land based casino? Stay tuned for updates.
Clubs
Australia War On Gillard Labor Government Re Pokie
Laws...
Clubs
Australia has declared "open warfare" on
the Gillard government, preparing a $20 million media
campaign to try to stop laws to limit how much punters
can spend on poker machines. Last year "Tasmanian
Devil" (MM satire) independent MP Andrew Wilkie
backed Labor to form a minority government in return
for a clampdown on the use of poker machines. Now,
the lobby that represents clubs and pubs is wrestling
and punching back, with a media blitz targeting Wilkie
and Prime Minister Julie Gillard. Both Wilkie and
Gillard are in big trouble in the popularity polls,
with Labor set to lose the next federal election,
following their NSW loss, where it was bloody and
crimson mass. Billboards, a website, beer coasters
and more It's war on nationwide. The campaign has
been criticised as misleading for claiming punters
will need a licence to gamble. Clubs Australia executive
director Anthony Ball rejects that. "What we
do know is that everyone who plays a poker machine
will need to register and obtain a card, and then
insert it into a poker machine and set a binding limit.
There needs to be player tracking, because how else
does the machine know what the player is doing? It
will have your private details and your gambling history
on it. Now if that's not a licence, I don't know what
is." Under Wilkie's master plan, gamblers would
have to nominate a dollar figure for how much they
are prepared to lose before they start gambling, a
scheme known as "mandatory pre-commitment".
Wilkie wants the law in place by 2014 and he has the
backing of South Australian independent Senator Nick
'Mr X' (MM satire) Xenophon. Senator Xenophon describes
the Clubs Australia campaign as a "joke".
"This industry is willing to spend $20 million
of tax-break money that they get from community clubs
- effectively taxpayers' monies, indirectly - to peddle
lies in terms of a campaign where they haven't even
seen what the final report will say. Whether it's
$20 million or $200 million, this mob can spend as
much as they like, but they can't spin that they are
causing enormous damage out in the community. There
are 300,000 Australians who either have a severe gambling
problem because of poker machines, or are already
showing the signs of one."
Proposed
Pokie Laws With Cost 10,000's of Aussie Jobs...
Clubs
Australia advise the changes will cost jobs. They
want it to be a voluntary scheme and have rejected
a government request to hold off on the ad war. "It
will cost jobs, for the simple reason that asking
Australians to sign on to this licence to gamble will
mean they'll do something else," Mr Ball said.
"They'll go and gamble online where none of these
controls exist, or they they'll go to the TAB - they
won't do it at the club.Even the proponent of this,
Andrew Wilkie, is saying that this will cost up to
40% of revenue."
It's all hot fodder in Aussie Parliament too. Liberal
Steve Ciobo sits on the joint committee on gambling
reform, which has been hearing arguments pro and con
against a mandatory pre-commitment scheme. "The
committee was charged by the Labor party with the
responsibility to look at a roll-out of pre-commitment,"
he said. "But Coalition members will be putting
in a dissenting report because the evidence is clear
that it's going to cost jobs, it's going to cost investment,
and I'm concerned based on the evidence that it will
make problem gambling potentially worse." The
committee is due to report in the next few weeks.
The states and territories have until the end of May
to decide if they will agree to the Wilkie-led reforms.
If they refuse, the Commonwealth believes it has the
power to introduce overriding legislation to impose
a national scheme. The pokie industry has shown the
willingness to wrestle all the way to the next election,
and perhaps even beyond. It's the lovers VS the haters.
Who will win, and when will the final victor emerge.
Stay tuned.
Sky
City Entertainment Group Stocks Fall From Sky...
Sky
City Entertainment Group, the casino and hotel operator,
fell 0.9% to $3.41 amid media reports that overseas
competitors were looking to hire the 500 staff made
redundant or on leave without pay due to the closure
of the Christchurch Casino. SkyCity owns a 50% stake
in the business.
Casino
Bouncer Thought Disabled Bloke Was Drunk...
A
South Australian man with deasiese cerebral palsy
says he was refused entry to the Adelaide Casino because
the bouncer thought he was drunk. Mark Thiele was
on a big night out with friends when he attempted
to enter the casino, but was refused by a bouncer
aka "gorilla". Thiele says the bouncer mistakenly
thought he was drunk, but the casino is sticking by
its decision. "I had said to the man that I wasn't
a drunk, I was crippled," said Thiele, talking
about his rejection on 7.30 South Australia. "He
had said to me he was convinced I was intoxicated
even though we said that I had only had a few drinks
earlier on in the evening. "So I can't see why
I was singled out and everybody else in my party wasn't.
There was no difference between any of us besides
the obvious. It's a mystery to me really." Last
month, he and his friends had walked to the casino
from the city's Hindley Street entertainment strip
a few blocks away. Thiele has trouble moving his body
and for him, walking distances is a big effort. His
mate Aaron Nettlebeck says the casino bouncer did
not understand. "Walking that sort of distance
does get very, very sweaty over that sort of short
period. It was a bit infuriating that it happened
like that after such a nice evening." Thiele
says he has not had a problem at venues until now.
"For the vast majority it's never been a problem.
Bouncers that I've come into contact with have been
understanding and even let me skip the line a few
times just to put me at ease," he said. "Obviously
it's a stamina thing that I can't walk these long
distances and stand in lines and all of these things."
He says he is considering lodging a complaint with
the commission or under South Australia's liquor laws.The
casino's general manager, David Christian, has offered
an apology of sorts. "It was certainly not our
intention that Mark would have felt discriminated
against and I'm sorry that he does feel that way,"
he said. But he is defending the actions of his staff.
"They believe that they made the right call.
I would believe that with the calibre we have and
the training we put into our security officers, and
the level of management that oversees it, that they
would be right most of the time."
New
Zealand Christchurch Casino Workers Hurting From Earthquake
Financial Aftershocks...
Financial
and emotional aftershocks are still be felt by the
casino sector after a series of earthquakes that rocked
the Asia Pacific - Japan and New Zealand region. Christchurch
Casino workers are feeling disappointed and even depressed
after having failed attempt to get a bigger redundancy
payday.In excess of 500 formally happy and motivated
casino employees were offered redundancy at the central
Christchurch casino last weekend, which was badly
damaged in the February 22 quake and has stayed closed
ever since the act of mother nature. Anyone who wants
to stay at the casino will be paid their holiday pay
as either a weekly amount or in a "lump sum".
Simply put, they will remain as employees of the land
based casino on leave without pay until the the gambling
den opens again. The SFWU (Service and Food Workers'
Union), which reps for 100 plus casino workers, has
a meeting with the casino's managers on Thursday.
SFWU strategic industry boss Len 'Razor' (MM tag)
Richards said workers were sombre but firm in their
desire about securing a more attractive redundancy
package. The union power that be were also asking
for continued pay for employees that choose to stay
on until the casino opens again. However, he advised
management was not prepared to increase the amount
of redundancy pay for staff, but did agree to request
for a government wage subsidy. Due to a private insurance
deal and policy in place, the land based casino has
not relied upon the $1.5 million government subsidy
available for quake-affected businesses. Richards
stated that the union has contacted earthquake recovery
minister Gerry Brownlee to request assistance to help
pay workers who remain employed. SkyCity, half owner
of the famous Christchurch Casino, has projected a
$130 million plus profit this year. It's not known
how much financially the quake cost Christchurch Casino
or SkyCity. Christchurch Casino top sheep er top dog...chief
executive Brett 'Ask Him' (MM satire) Anderson said
about 70% of employees have indicated they will stay
with the company rather than take the offered redundancy.
He said a number of employees are also being offered
jobs offshore. Anderson elaborated "I'm getting
phone calls from Australia looking for our people
and likewise all over New Zealand, and a few of them
have spread their wings. More than a few have gone
over to the Gold Coast. It's a lot warmer, it's a
lot more stable, you can swim in the sea, the pay
rates are better." Anderson said he still does
not know when the casino will reopen.Employees have
a deadline until Monday to decide whether they will
take the redundancy package or stay on. Yep, it's
the money or the box. Workers who have not contacted
the company by showdown at 5pm on Monday will be deemed
to have left their jobs and will be paid out a four-weeks-notice
payment, along with their annual leave entitlements.
Casino workers, did you get that. D Day is approaching.
A
Media Man spokesperson said "In the current global
economy anyone with a decent job should be grateful,
especially in the casino or gaming sector. Well done
to Christchurch Casino management for doing their
utmost to assist in their difficult times. Employers
will always want to ask for more... its in the nature.
Land based casinos generally remain popular around
the world so good staff will always be in demand."
Media
Man and Gambling911 wish all parties well with their
dealings, and hopefully some win - win - wins will
still be possible.
States
Probe Sports Betting Ads...
Aussie
states are uniting to consider a crackdown on an explosion
in advertising of sports betting, Victoria's Gaming
Minister says. Michael O'Brien last night revealed
the betting blitz on sport was being examined by the
Council of Australian Governments. "There is
growing concern at the extent to which is becoming
inseparable from the coverage of major sporting events.
Kids are being exposed to it constantly just by watching
the footy or cricket," he said.AFL chief executive
Andrew Demetriou said the league had expressed its
concerns to stadium managers. Goal posts, boundary
line fences and scoreboards at the MCG and Etihad
Stadium have been plastered with ads from bookmakers.
Demetriou said the alarm was raised during last year's
Brownlow Medal telecast. "There seemed to be
an enormous amount of (gambling) advertising after
each break," he told press. O'Brien said the
AFL, which enjoys lucrative sponsorship arrangements
with gambling giants, could take responsibility through
its media and stadium deals. "It may be that
there's an opportunity for this influence to be exercised
to ensure the promotion of sports betting isn't allowed
to detract from family-friendly objectives of (such)
sports," he said. This week, former Demon Daniel
Ward revealed in the the newspapers his battle with
gambling. "It's always in your face," he
said of the ads. "It's like being a drug addict
and an advert comes on saying, 'The first 50 people
to ring will get a free bag of marijuana'."
Hawkins
Former Ms Univervese Lookalike Kahili Blundell Wins
Ralph Swimwear Title At Star...
Sin
City Sydney babe Kahili Blundell has snatched the
Ralph Australian Swimwear Model of the Year comp.
The Crows Nest bikini super babe bested more than
2000 babes from all over Australia and Kiwi land to
grab the coveted title at Sin Sydney's Star City Casino
on Thurday. "I feel more than special right now,
I'm blown away and so honoured to be given this position,"
Blundell said. "I was expecting him to call another
number and I stood there thinking 27, is that me?
"It's also my boyfriend's birthday, but I realised
it was me and I was shivering." The 21-year-old
Jennifer Hawkins lookalike works as a personal assistant
and dabbles in makeup artistry in her spare time.
Blundell says modelling has been tough, slogging it
out for 3 years. "Since November I've been training
every week for this, thinking about it every night,"
she said. "I've been brought up to eat very healthy,
so I don't have too much trouble doing that, but I
definitely exercise a lot. I've been working very
hard so thank god it's all paid off." The comp
saw the 38 finalists strut their stuff in catwalk
parades. Sex bikinis were all the rage. A select group
of a bakers dozen were picked, then reigning champ
Emmi Moore handed over her sash and championship title
to Blundell. "I've been doing this for three
years now and this is exactly what I've been dreaming
and hoping for," Blundell said. "I'm open
to any opportunity and I love challenges. I've obviously
done well in the bikini field, so I might just continue
on this track for a little while." Burlesque
babe Sina King from Underbelly home Melbourne snatched
runner-up while second runner-up went to 21-year-old
writer - journo type Tiffany Baker from Fremantle
in Western Australia.
Australian
Boxer Katsidis To Fight Guerrero In MGM Grand Casino
Las Vegas Bloody Sunday...
Down
under's Australia's Michael Katsidis and his opponent
in Sunday's (AEST) interim lightweight world-title
fight at Las Vegas' MGM Grand Casino, America's Robert
"The Ghost" Guerrero, also have powerful
stories. Guerrero's world was crushed big time circa
2007 when his wife, Casey, was diagnosed with leukemia.
The Californian gave up boxing, giving up his world-title,
so he could be by Casey's side and stay close to their
young children as she underwent a bone-marrow transplant.
Things are now looking up for Guerrero. "Casey
has been cancer free for almost a year now,"
28-year-old Guerrero, the number one ranked lightweight
in the world and a former featherweight and super
featherweight champion, said. Last year Katsidis'
was having a dream run. The likable 30-year-old blokefrom
Toowoomba celebrated his first wedding anniversary
with wife Kumiko. He loved being a dad to their one-year-old
daughter Kalia and was preparing for the biggest bout
of his career, a world-title fight in Las Vegas against
Mexican legend Juan Manuel Marquez. Things quickly
went downhill when five weeks before the Marquez fight
he learned his 31-year-old brother, champion Australian
jockey (horse racing) Stathi Katsidis, had passed
away. Just days later Katsidis' longtime trainer,
Brendon Smith, received two more bad news calls. Smith's
nephew got paralysed from the chest down in an accident
and one of the trainer's former boxers passed away.
"We got it all within three weeks and just before
the Marquez fight," Smith said. Katsidis and
Smith made the call to keep training at their Thai
boxing camp and take on Marquez at the MGM Grand Casino,
a match that would be voted the Fight of the Year
after Katsidis floored Marquez to the mat in the third
round. Marquez guts and balls by getting up and pounding
Katsidis so badly ref Kenny Bayless ended the match
in the ninth round, giving Marquez a ninth round technical
knockout victory. On the eve of the Guerrero fight,
Katsidis and Smith, who kept quite before the Marquez
bout, finally opened up about their personal tragedies.
Katsidis did not sleep two days before the Marquez
fight. "He was emotionally spent before he got
in the ring and to do what he did under the circumstances
was incredible," Smith said. "I believe
if something doesn't kill you it only makes you stronger,"
Katsidis said. Guerrero has 22 knockouts in his 27
professional victories. "This is truly a fight
for boxing fans," Guerrero, who has a 28 win
(18 KO), one loss professional record, said. "You
are going to see two guys go at it and give it their
all." The winner of the match will be named the
interim World Boxing Association and World Boxing
Organisation lightweight champions. Promoter 'Golden
Boy' Oscar De La Hoya has named the MGM card "Action
Heroes", with another Mexican legend, Erik Morales,
fighting Argentina's exciting welterweight contender
Marcos Maidana and in another welterweight battle,
Brooklyn's Paulie Malignaggi VS Jose Miguel Cotto.
The matches will be broadcast live in Australia on
Sunday from 11am AEST by Main Event pay-per-view.
"For a boxing card, sounds like it will be value
for money for a bit of a change", said a Media
Man insider.
News
Australia
Day Special, by Greg Tingle - 26th January 2011
G'day
and Happy Australia Day everyone. Ok, we know some
of you punters, journos, high rollers - casino whales,
entertainment news junkies, politicians, insiders,
outsiders and legal eagles are from across the globe
are not Australia, nor have ever been down under,
but you get the idea. Did you know that some indigenous
Australia's call Australia Day 'Invasion Day'! That's
because most history books show that Captain James
Cook and his crew invaded Australia on this day in
1988. They are known by a new names including the
First Fleet, while some aborigines will always think
of them and murderous mongrels, who stole their land
and pride. It's easy for many of us to get the point
of the blackfellas (affectionate). Media
Man and Gambling911
with a bush tucker bag full of Australian gambling,
casino, poker, media and sports news. Fair winds...
Queensland
Banana Bender State: Pub Pokies And Online Pokies
Becoming More Popular?...
One
armed bandits are maintaining their popularity in
'The Sunshine State'. It's understand that punters
might have only a 1 in a million chance of winning
really big, lotto - millionaire style, but they just
keep coming back for more. Yep, throw another dime
in the pokie baby. Queenslanders "invested"
close to $2 billion last year as the punters passion
for the slots maintained its fever pace. The total
pokies expenditure of $1.81 billion was slightly down
on the previous year, it was the third year consecutively
the number exceeded $1.8 billion. We're also learned
that the 2008 figure of $1.83 billion was an all-time
record. Now, this is important - those numbers Do
Not take into account the rabid take up and roll our
of online poker or sports betting. You know, betting
over the global medium - the internet. Overall, Queenslanders
spent $7 million less on pokies than last year and
$28 million less than in 2008, but it still works
out at in excess of $150 million every month down
the slots August was the year's biggest month for
slot gamblers, who put close to $170 million in the
throats of the one armed bandits. August was also
the biggest month for gamblers in 2008, with more
than $173 million lost. Pokies remain by far the most
popular games for punters in Australia, bringing in
most of the estimated $17 billion spent on all forms
of gambling down under each year. Some insiders think
that the reduction in official spending was more a
sign of the increased popularity of internet and sports-based
gambling. Concentrating on pokie figures, it appears
Queenslanders gambled more at the height of the global
financial crisis two years ago than they did throughout
2010.
Tassie
'Devil' Gambling Tycoon Devilish Quotes...
David
Walsh from Tasmania was such a big hit with the readership
we thought we would dig up a few more of the red hot
'The Devil's' quotes, that are too good not to share.
First a refresher...Art and gambling do mix, at least
that's the experience of Brits Damian Aspinall, Phil
'Tuffers' Tufnell, Australian artist Gina Sinozich,
Media Man
(bodypaint and burlesque "fetish") and Tasmanian
gambling whale - tycoon, David 'Wicked' (satire) Walsh.
You will pick up on Dave's affectionate nickname by
us later. We like you David, ok mate. Tasmania's most
famous or infamous gambling figure, millionaire, David
Walsh yesterday gave us a peak into his art exhibit...the
biggest (and weirdest) private art gallery in Tasmania,
if not the Asia Pacific. The $110 million Museum of
Old and New Art is nestled on the banks of Hobart's
Derwent River.
Quotes
By The Tasmanian Devil!...
"FUCK
the art, let's rock'n'roll."
"I
think formal curation is a form of mental masturbation."
"I'm
not really that interested in a bunch of big names.
Most of the works are by people most people haven't
heard of and still won't have heard of because there's
no wall labels."
"I
don't want to lose control (or) something that ends
up looking like a pale version of the National Gallery
of Victoria".
"Subversive
adult Disneyland".
"Please
see reception if you are planning a pool party or
a ritualistic orgy."
"It's
the opportunity to mess with your head. I like the
idea of people having a couple of beers and looking
at the art, having a couple more and changing their
mind."
"Just
a privileged guy with a megaphone"
"Its
like a rich mans soap box. Im standing
on my soapbox and Im shouting my views like
they mean something."
"Ill
take all the popular stuff out. And if you go to the
toilet two or three times well recommend a good
urologist."
My
brother once said about me that Id rather be
outside a barrel pissing in than inside the barrel
pissing out. Im anti this idea that we know
what were doing with certainty. I kinda think
that most things that are good happen to people largely
by accident, but then they start looking for explanations.
You see the views of rich, successful people on television,
and they tell you why they got rich and successful;
they dont interview all the people who went
through the same process and didnt. I think
most things are complete crap. I want to show that
you can be fortunate without believing that your fortune
was anything other than fortune."
"There
are so many things we do that we hide from. We hack
open cows and eat their guts but we compartmentalise
that away from our lives so we can pretend its
not happening. And on a larger, more important scale,
if each of us acted individually to say OK,
we f
ed up the atmosphere, it is our personal
responsibility, humanity would behave in a very
different way."
"One
of the things about having money is that
I
feel a bit of guilt and a level of privilege, and
it seems to be an obligation to do something, and
since art is what Ive been doing....but it wasnt
really like that. It was: I bought this small gallery,
bought a bigger one, and gradually it became something
of this scale. Its become a lot more serious
endeavour than I intended it to be. Theres a
bit of thumbing my nose at the establishment and trying
to bypass academia, but mainly I just wanted it to
be a bit of fun. And it is. And it will be."
"The
gambling is all a computer thing that is going on
right now".
Website
Museum
of Old and New Art
Queensland:
Cairns Reef Hotel Casino Poised To Raise Big Bucks
For Flood Relief On Australia Day...
Punters,
let's all spare a thought for those who have been
attacked by the floods on Australia Day. Numerous
events are being planed around Australia, from 'Sound
Relief' to and initiative from the Cairns Reef Hotel
Casino 'Bring on the Sun' It will be one of the biggest
events on the Australia Day calendar for the city
and all funds raised will go to the Premiers
Flood Relief Appeal. There's a good old fashioned
sausage sizzle, competitions and female performers
including the Marlins cheer squad. "The
whole idea is slanted towards the female performer,"
entertainment manager Bruce Stewart said. "Weve
got an eclectic blend of female artists coming to
perform as well." Cazalys, El Mundo Tapas Bar
and the Marlin Coast Bowls Club will also host events
to raise money for flood victims. Cairns Regional
Council will hold events across the region, including
the ever-popular celebrations on the Esplanade. Mayor
Val Schier said the council was expecting a good attendance
as usual with residents keen to get outside and celebrate
our sunburnt country in the green and gold. "Even
last year when it poured, a huge number of people
came to the Aussie breakfast; we expect the same will
happen this year, rain, hail or shine. It is one of
those days where people can come together as a community
and help celebrate why it is great to be an Australian.
We live in a fantastic country and it is good for
people to get out and enjoy it." Pubs and clubs
will also get into the Aussie spirit with a number
of activities on offer. Paradise Palms Resort and
Country Club has a patriotic, fun-filled day planned
with activities that pay homage to Australias
heritage such as the much-anticipated pie-eating competition.
"Everybody is welcome to come along and have
some fun while tucking into our Aussie selection of
meat pies, icy beers, lamingtons and classic Australian
music by DJ Danny from Millennium Sounds," director
of sales and marketing Darlene Holdsworth said.
Events
Join
the celebrations
Paradise
Palms Resort and Country Club Australia Day celebrations
Whats on: Australian menu served from noon in
Restaurant 59, pie-eating and thong-throwing competitions
start at 1.30pm. Pies, icy beers, lamingtons and classic
Australian music on offer at the resort.
Time: 12pm. Entry free.
Bring on the Sun at Cairns Reef Hotel Casino
Whats on: Entertainment, sausage sizzle, raffles,
jumping castle and more with all proceeds going to
the Premiers Flood Relief Appeal.
Time: 2pm. Entry free.
Shane Warne And Poker Mates Get VIP Star Treatment
At Australian Open Tennis Sunday Night...
The
spinner got there at 8pm hoping to get star VIP treatment
for 14 of his closest mates. In the mix was was Joe
Hachem, who he had earlier caught up with at the launch
of the Aussie Millions Poker Tournament at Crown Casino.
Warne requested an escort (no, not that type silly)
when he arrived and posed mostly for photographs with
his sunglasses on. He also spent time in Andy Roddick's
player's box during his loss to Swissman Stanislas
Wawrinka. It been a big couple of days for "poker
her" for the legend, playing rendezvous with
Liz Hurley in LA. He is expected to play in the second
round of the poker tournament and could face off against
Gary Ablett Jr and Jeff Fenech tomorrow. Blett made
it through to the second round.
Australian Financial Review Goes Gaga For Lady Gaga;
Gets Facts Wrong (We Think)...
It
took us a few months of going through newspapers but
we finally found the AFR to make a slip up, and its
a doozy....An article reads "the complex will
have a few upmarket bars, including one on the roof,
and an events theatre to house live acts think
Lady Gaga as well as awards nights." With
Gaga's level of popularity she would require a much
larger venue than Star City. Earlier this year, she
- they played two concerts at the Sydney Entertainment
Centre, capacity 12,000 or thereabouts. Do the math.
Australia's
Kylie Minogue To Do The Colosseum At Caesars Palace
Las Vegas: Aphrodite Live...
Mark
is down Kylie fans the word over. She's doing Ceasers
Sunday May 22, 2011 8pm
Melbourne: Aussie Joker Comedian Performs At Packer's
Crown; Raises Cash For Flood Relief...
Melbourne
folks at Crown Casino recently enjoyed 'The Jokers
Comedy That Rocks' at Crown Casino. James Packer's
casino donated all proceeds from last Friday nights
show to Queensland flood victims. Organiser William
Leitch has happy with the way things went and showcased
an evening with some of the citys top stand-up
artists, including Brad Oakes, Christine Basil and
Greg Fleet. It's understood he got close to 150 people
to come along, and he may be invited back on upcoming
Friday nights.
Top 100 ASX Listed Companies Respond To Flood Cry
For Help; Gambling And Gaming Industry Steps Up; Mining
Firms and Banking Bastards Lead Charge...
1.
BHP Billiton: $1.3 million (in addition, matching
employee donations)
2.
CBA: $1.35 million
3.
Westpac: $1 million
4.
ANZ: $1 million
5.
NAB: $1 million
6.
News Corp: $500,000 and Blue Ribbon campaign
7.
Rio Tinto: $1 million ($700,000 to Premier Relief,
$300,000 to Emerald community)
8.
Wesfarmers: $7.5 million (plus $3.5 million from Coles
customers)
9.
Telstra Corp: up to $1 million by matching staff contributions
(so far $338,000; is also supplying phones and free
calls to people affected)
10.
Woolside Petroleum: $122,395 (corporate + employees)
11.
Woolworths: $6.9 million (matching customer donations
in Woolies, Big W, Dick Smith dollar for dollar)
14.
Fortescue Metals: Matching staff donations dollar
for dollar
15.
CSL: $250,000
16.
QBE Insurance: not releasing a statement
17.
Origin energy: $1 million
18.
Macquarie Group: $200,000 (combined staff and company
effort with fundraising activities continuing both
here and overseas)
19.
AXA Asia Pacific: No response
20.
Santos: $500,000 plus use of helicopters and vehicles
for clean up. Also $50,000 for flooding in WA
21.
Coal and Allied Industries: (see Rio Tinto)
22.
AMP: $250,000 + matching employee contributions to
WA flood appeal up to $250,000
23.
Suncorp Group: $100,000 (staff and customers have
donated $1.5million)
24.
Foster's Group: $500,000
25.
Brambles: No response
26.
Leighton Holdings: No response
27.
Orica: No response
28.
Oil Search: No response
29.
Stockland: Donated $250,000 to the Premier's flood
relief appeal, another $30,000 to the Mayoress Rockhampton
regional flood appeal and are matching employee donations
dollar for dollar
30.
Coca. Cola Amatil: No response
31.
Amcor: No response
32.
Westfield Retail Trust: No response
33.
IAG: No response
39.
Crown: Donation tins in Crown complexes and have committed
to matching all donations as well as staff contributions
52.
Tabcorp Holdings: $1 million
78.
Tatts Group: Going to run a dedicated lottery for
the Queensland flood appeal where all profits will
go to the Premier's Flood Appeal. They ran the same
thing in Victoria after the Black Saturday bushfires.
It will run on Wednesday 2 Feb in Queensland and is
expected to raise $200,000. In addition, another donation
will be made from the unclaimed prizes fund of an
as. yet undecided amount
79.
Fairfax Media: Matching staff donations
100.
Seek: Reported it had made a donation to the Premier's
Flood Appeal but chose not to disclose how much
Brisbane:
Flood Relief Money Gets Spend On Pokies, Vice - Piss
Up At Pubs...
It's
been reported in a number of Queensland newspapers
that the $1000 flood relief grants that went to many
good folks in Granville are being used to feed slots
and buy piss (beer) rather than food and necessities.
Two Maryborough publicans say that in some instances
the answer to that is yes, and they are disgusted.
One of the publicans was so incensed by the misuse
of flood relief money she telephoned Fairfax Media
to complain. "A man came in bragging about how
hed got the $1000 payout because he told Centrelink
he was stuck in Granville but he was here the
whole time. It makes me sick that people are openly
admitting theyve got the money for nothing,
while there are people whove died or lost everything."
She said Centrelink should have screened the applications
more carefully to make sure only people who were genuinely
in need received the cash. Another pub owner said
his one armed bandits had not stopped buzzing since
the grants became available. "We were quiet during
the actual floods but this weeks been totally
different. The pokies and the bottle shop have been
going non-stop." Yeah, Aussie continue to love
a punt, rain, hail, shine or flood!
Aussie
Millions Game 8 Results...
The
London based chap took down the $1,100 8 game mixed
event title at Crown Casino in Melbourne adding AUD$23,800
to his almost $1.2 million in career tournament earnings.
He entered the final table as the short stack, but
managed to grind his way to victory and nudge away
Australia's Bruno Portaro for the victory. The event
marked Ashby's 8th final table appearance at the Aussie
Millions that includes a side-event win back in 2005
and a seventh-place finish in the main event in 2009.
Ashby also won his first WSOP bracelet this summer
in the $1,500 7 Card Stud event and went well in the
$10k H.O.R.S.E. for his biggest career score of $378,027.
The 2011 Aussie Millions $1,100 8-Game Mixed event
drew 68-players and paid the final 7.
Here
are the results:
1 Richard Ashby AUD$23,800
2 Bruno Portaro AUD$16,320
3 Casey Kastle AUD$10,880
4 Daniel Ospina AUD$6,800
5 Oliver Gill AUD$4,760
6 Dane Coltman AUD$3,400
7 Paul Ravesi AUD$2,040
Aussie
Main Event Day 1b: PartyPoker And Full Tilt Poker
Players Feel The Pain...
PartyGaming's
PartyPoker
and Full Tilt Poker's powers that be likely won't
be celebrating. Ok, they got news coverage and exposure,
but its because their players are out. Yep, history
maties. Full Tilt went well on Day 1a but Day 1b was
rooted. Many of the big name pros went down for the
count as locals stepped up. 209 players entered the
Crown Poker room but after 7 levels of play, 80 remained.
David Oppenheim, Annette Obrestad, Carlos Mortensen,
David Benyamine, Andrew Feldman, Steve Yea, Andy Bloch
and Gus Hansen were some of the Full Tilt players
who died. Other casualties included Luke Santo, Raj
Ramakrishnan, George Moussa, Michael Pedley, Graeme
Putt, Martin Comer, Dennis Huntly, Jamie Pickering,
Bruno Portaro, Casey Kastle, Ben Savage and Tim Marsters.
2005 World Champion Joe Hachem (tweeting he struggled
with jetlag following a recent trip to the PokerStars
Caribbean Adventure.) Defending champ, 2010 Aussie
Millions Main Event winner Tyron Krost (PartyGaming's
PartyPoker
pro went down too). A new champ will be crowned in
2011 with plenty of Aussies still in contention. The
field kicked off with Jeff Rossier in the lead with
154,900, closely followed by Michael Ottobra (143,400)
and Martin Drewe, After winning the Opening Event
last week and going deep in another event, Drewe is
now set in the chip leaders in the Main Event after
getting to 136,100. Jay SEABEAST Kinkade
did nicely with 128,700, Haibo Chu (113,900), Manny
Stavropoulos (85,600), Sorel Mizzi (74,400), Michael
Egan (61,100), Kent Hunter (56,400), Jeff Lisandro
(55,000), Eric Assadourian (50,300), Scott Montgomery
(49,200), Chris Ferguson (45,400), Lee Nelson (30,200),
Neil Channing (28,800), Roland de Wolfe (26,100),
Aleks Brkovic (24,600), Jackie Glazier (21,900), Grant
Levy (18,300), Gary Benson (10,500) and Mel Judah
(7,200) amongst those who will return on Day 2. The
3rd and final flight of the 2011 Aussie Millions Main
will commence Tuesday with another strong field and
a few big names expected. Even Van Marcus will front
up. Van, is your Red Ferrari safe this time mate?
We're looking for more good fodder to write about.
How about do a publicity stunt and make world wide
headlines ago. Maybe someone at Crown Casino - Crown
Limited might be open to it. Stanger things have happened...
like Ferrari's getting stolen on site, casino fights
and a man getting stuck in the Crown Casino kitchen
grease vacuum.
Profiles
Australian
Stock Exchange London
Stock Exchange European
Union
Monopoly

 

Articles
Media
Man Australia Founder And Director Buys Crown Limited
And Virgin Blue Shares - 12th October 2009
Aussie
Millions Winner Signs with Party Poker - 6th October
2009
Internet
Gambling Makes Push in Asia Pacific Region - 22nd
July 2009
PartyGaming,
Aspinalls, Titan Casino, Titan Poker, JackpotCity,
Casino Club, Slots Club, Belle Rock, Euro Partners
and others target Asia Pacific - July 2009
Recession
creates billionaires
Virgin
king and Crown Casino king talk shop and Media Man
makes a play - 2nd April 2009
Australia's
Crown Casino and James Packer on the Upswing - 3rd
April 2009
Guide
to the best online casinos
More
iGaming Ads Banned in U.K.
James
and Erica Packer out in public again - 29th March
2009
AFL
slammed for free gambling vouchers - 2nd April 2009
Media
Man considering trade sale; open to advisors, director
says
Google
Follows the Money Trail to Gambling
Playtech
Success Story Continues - March 2009
William
Hill to Team Up With Playtech
CryptoLogic
Claims It Is Positioned for Profitability

News
Websites
Casino
News Media
Australian
Casino News
The
Sydney Morning Herald - Business
The
Australian - Business
The
Australian Financial Review
News.com.au
The Barefoot Investor
Company
Profiles
Australian
Securities Exchange
Australian
Small Scale Offerings Board Limited
Microcredit
Moneybookers.com
Western
Union

Foxtel
Virgin
Money

Virgin
Games

Playtech

CryptoLogic

Betfair

Tabcorp
Holdings
Centrebet
WagerWorks

Playtech

Belle
Rock Entertainment
Macquarie
Bank Foundation
Grameen
Bank
Cash
Advance Finders
Westpac

Money
Wealth
Creator
Succeed
Magazine
The
Financial Times
MergerMarket.com
Fortune
Magazine
The
Wall Street Journal
Slate
Reuters
Personality
Profiles
Muhammad
Yunus Glen
Rothquel Richard
Branson Rupert
Murdoch
James
Packer Ryan Allis John
Layfield Scott
Pape
Cause
Profiles
Virgin
Unite
Make
Poverty History
Book
Reviews
Business
Stripped Bare: Adventures of a Global Entrepreneur
Have
More Money Now : A Common Sense Approach to Financial
Management
Have
More Money NOW, by John "Bradshaw" Layfield
Blogs
Barefoot
Investor
Environmental
Capital - The Wall Street Journal
BloggingStocks.com
- WWE profile
John
Layfield Tips Traders.com blog
Film
Investor
Media Man Australia News
Media
Man considering trade sale; open to advisors, director
says
Internet
Gambling Makes Push in Asia Pacific Region
My
Thoughts on Casino Mogul James Packer
News
Casino
News
CasinoNewsMedia.com
Media
Man is a member of the National Press Club, Media,
Entertainment & Arts Alliance, Virgin Unite
and Bondi Chamber of Commerce
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