Australian And International Business News

Markets, Cryptos and Pop Culture

Culture In Biz Series Edition

December To Remember

Dec 15
Sydney, Australia

Dec 14
Wall Street, New York Groove

Cryptos Struggling; All That Glitters
TKO To Naysayers Again! Thank You Cena!
Road To Royal Rumble
World Streaming Wars
Crypto Wolf Of Wall Street Works Weekends And Xmas
Online Media vs Legacy Media: Disruptors

Media Pop Culture Theme: "Another Brick In The Wall" aka "We Don't Need No Education" (Pink Floyd)
"Schools Out" (Alice Cooper)
Silicon Valley theme: "Stretch Your Face" (Tobacco)
"The Social Network" (score album for film)
"Hall of Fame" (The Script)
"Eight Days a Week" (The Beatles)
"The Wolf of Wall Street" ("Mercy, Mercy, Mercy" (Cannonball Adderley)
"Friday On My Mind" (The Easybeats)

December 15, 2025

Sin City Sydney, Australia

ASX futures down 51 points/0.6%, to 8659

Wall Street:

S&P 500 -1.1%
Dow Jones: -0.5%
Nasdaq -1.7%

Europe:

Stoxx 50 -0.6%
FTSE -0.6%
DAX -0.5%
CAC -0.2%

Australian dollar at US66.43 cents

Bitcoin $88,689.56 -1.83%

Gold +0.5% to $US4299.63 per ounce
US oil -0.3% to $US57.44 a barrel
Brent crude -0.3% to $US61.12
Iron ore -1% to $US100.45 per ton

10-year yield:
US 4.18% Australia
4.72% Germany 2.86%

Bitcoin

Bitcoin: (Near Live) $88,689.56 -1.83%

News Update: (Near Live)

News

New York/Wall St via Mr Wolf!
December To Remember!

Dec 14
Before The Bell; Bells To Be Rung

NYC!

Cryptos Today: (Near Live)

Cryptos tarnished again!

Bitcoin $88,689.56 -1.83%

Market ups and downs! Mood: Medium: Still picking up a little. Play the long game?! Hardcores keep dream, as always!

Media Man Favs:

(Near Live)

Bells Rung by Mr Wolf!
TKO hulks up Again! Going for submission on competitors?!
Christmas Grinch vs Santa.
Miners on hunt. Gamers full speed instead of socials. Gaming Awards: Tomb Raider: Atlantis!
Tech heads and grapplers watch streaming wars!
NYSE Bell Ringers With Trees! Prep for new Season's Beatings!
TKO kicks out again. Saturday Night's Main Event aftermath heading to WWE RAW and Road To Royal Rumble In UAE

Wall St, New York

TKO Group Holdings Inc $208.42 +4.12 +2.02%
NVIDIA Corp $208.42 +4.12 +2.02%
Formula One Group Series $86.41 -0.25 -0.29%
Alphabet Inc Class A $309.29 -3.14 -1.01%
News Corp Class A $26.22 +0.12 +0.46%
Netflix Inc $95.19 +1.10 +1.17%
Caterpillar Inc $597.89 -27.72 -4.43%
Trump Media & Technology Group Corp $10.65 -0.26 -2.38%
Tesla Inc $458.96 +12.09 +2.71%
Walt Disney Co $111.60 +0.14 +0.13%
Wynn Resorts Ltd $123.66 -1.19 -0.95%
Meta Platforms Inc $644.23 -8.48 -1.30%
Elders ADR $19.73 (US) (NYSE)
Mercedes Benz Group ADR $18.03 +0.12 +0.67%
Rio Tinto Ltd $96.29 +5.70 +6.29%
Paramount Skydance Corp $13.74 -0.38 -2.69%
Red Light Holland Corp $0.020 -0.00018 -0.87%
Volvo ADR (parent/owner of Muck Trucks) $31.94 -0.12 -0.37%
Porsche Automobile Holding SE Unsponsored Germany ADR $4.75 -0.030 -0.63%
Microsoft $478.53 -4.94 -1.02%

News

Global Markets React to Central Bank Decisions and Policy Outlooks

Stock indices

The Fed managed to please the American stock market by easing its policy and forecasting an increase in GDP from 1.8% to 2.3%, as well as a slowdown in inflation from 3% to 2.5% in 2026, while also discussing the positive impact of AI on productivity. As a result, the S&P500 experienced its most dramatic reaction to an FOMC meeting since March, and the Russell 2000 set a new record. A strong economy and inflation heading towards the 2% target present a prime opportunity for stocks. Along with increased productivity, this indicates that S&P500 companies may see growth in corporate earnings. Historical episodes in which the Fed cut rates and markets were near their peaks have shown higher levels 12 months later in every case.

However, expectations for the next rate cut have now shifted to April, removing the indexes safety buffer. There may be renewed talk of a tech giant bubble, as evidenced by Oracle's shares plunging sharply after the company reported disappointing earnings.

According to Yardeni Research, investors should diversify away from the "Magnificent Seven" and seek opportunities in other issuers, as artificial intelligence is transforming nearly every company into a technology firm.

What is ahead

The key events of the third week of December will be the release of US labour market data for October and November, as well as central bank meetings. The ECB, the Bank of England and the Bank of Japan will have their say. Investors will also pay attention to European business activity data for December.

Jerome Powell says that FOMC officials have similar views on the US economy but differ in their assessment of its risks. Hawks are concerned about high inflation, while doves are worried about the cooling labour market. If employment figures disappoint, derivatives will shift expectations of monetary policy easing from April to March, and possibly even January. This will weaken the dollar. On the other hand, a pleasant surprise from non-farm payrolls will allow the USD to recoup some of its losses. While no changes are expected from the ECB, the Bank of England is 90% likely to cut its repo rate to 3.75%. However, the negative is already priced into the pound, and in the event of hawkish comments, the pound could strengthen. The fate of the yen will depend on the outlook for the Bank of Japan's leadership. Few doubt that the overnight rate will be raised, but what next? (FxPro)

News

'I love solving puzzles': How AFP's crypto sleuth tracks ill-gotten gains

Abigail Gibson is the Australian Federal Police's only cryptocurrency forensic accountant, a role she has held since 2022, after she first joined the AFP as a forensic accountant in 2017. Gibson uses blockchains to look for clues that might be able to connect individuals to money laundering, scams or sales of illicit goods and services on the dark web, and she says that "cryptocurrency is a well-established method for criminals to attempt to hide their wealth and transfer assets". Her work includes aiding the AFP's Criminal Asset Confiscation Taskforce, which has frozen $65 million in cryptocurrency assets since July. (AFR)

News

Miners lift ASX after Fed; Oracle hits tech

The Australian sharemarket posted a small gain on Thursday, with the S&P/ASX 200 adding 0.2 per cent to close at 8,592. The resources sector was bolstered by a rise in the gold price after the US Federal Reserve's decision to reduce the cash rate for a third time; Ramelius Resources advanced 6.7 per cent to $3.81 and Rio Tinto was up 1.8 per cent at $140.01. However, a sharp fall in Oracle's share price weighed on local technology stocks, with WiseTech Global shedding 2.2 per cent to end the session at $70.99. (AFR/Roy Morgan Summary)

News Flashback

Dec 11

Bitcoin attempts to break the short uptrend

Market Overview

The crypto market cap has been in a see-saw pattern over the past three weeks, exhibiting a gentle uptrend that has returned to the $3.08 trillion level during a consolidation phase. With no clear trend, crypto traders have reduced their activity in altcoins, waiting for the trend to recover in the first cryptocurrency and key stock indices.

Bitcoin jumped to $94.5K on Wednesday evening in response to the Fed's announcement of a bond-buying programme and a key rate cut. But this link to stocks played a cruel joke. The fall in Oracle shares dragged the Nasdaq-100 to eight-day lows, and BTC rolled back to $90K. The market is testing the strength of the modest uptrend that has been forming since 21 November. A drop below $88K would break this trend, bolster bearish sentiment and confirm the end of the recovery rally.

News Background

Public and private companies have increased their Bitcoin reserves by 448% since the beginning of the year to 1.08 million BTC, according to Glassnode. The corporate sector remains a key driver of demand for digital gold.

ARK Invest CEO Cathie Wood believes that large companies buying cryptocurrency for long-term storage could prevent BTC from falling 75-90% as it has in the past.

Strategy founder Michael Saylor announced the company's plans to acquire as much Bitcoin as possible. Mayside Partners believes that such plans are economically unsound. This is not innovation, but cascading leverage on speculative collateral — a model that has failed time and time again.

The American Federation of Teachers (AFT) has called on the US Senate to withdraw the cryptocurrency bill on ‘responsible financial innovation,’ which will be considered next week. The organisation pointed to the risks to pension savings and the country's economy.

Twenty One Capital, a big Bitcoin holder, has entered the stock market. The company's shares fell 20% on their first day of trading on the NYSE. The firm ranks third among public holders of the first cryptocurrency with 42,000 BTC (~$3.9 billion). (FxPro)

News

Crypto market awaits the final battle of the year

Market Overview

The crypto market lost just over 1% in 24 hours to $3.08T, falling back to the consolidation levels of late November. Attempts to shake up the market at the beginning of this month were unsuccessful for both bulls and bears. Excluding this impulse, the market has been treading water for almost two weeks, hovering around the 23.6% correction rebound line from the October-November decline. Such a shallow rebound could be a sign of a strong bear market, but this will only be confirmed if November's lows of $2.73T are updated.

Bitcoin is trading near $90K, having crossed this level for the fifth consecutive day. An upward trend line can be drawn through the lows of late November, but BTC is now trading dangerously close to this line. At the same time, horizontal resistance has formed in the $92K area, bringing the positions of bulls and bears closer together over time and promising a decisive battle by the end of this week. It could not only be the last significant battle of the year but also determine the trend for the coming months.

News Background

Short positions on Bitcoin have recorded their largest outflow since March 2025, when the price of BTC was near its lows. Investors likely believe that the current surge in negative sentiment has bottomed out, according to CoinShares.

According to Glassnode, the reserves of long-term Bitcoin holders fell to a cyclical low in November. This marks the end of the spot sell-offs that have hindered market growth throughout 2025.

Ethereum exchange reserves have fallen to record lows, which could signal an imminent supply crisis, according to CryptoQuant. Since July 2025, the indicator has fallen by about 20%.

The largest American investment company, BlackRock, has applied with the SEC to register an ETF that will allow investors to earn income from staking Ethereum without directly owning the cryptocurrency.

Strategy has increased its weekly Bitcoin purchases to their highest level since July. The company bought 10,624 BTC ($963 million) last week at an average price of $90,615 per coin. Strategy now owns 660,624 BTC, purchased for $49.3 billion at an average price of $74,696 per Bitcoin. (FxPro)

News

Streaming Wars: Netflix vs Paramount (for Warner Bros) aka WBD. What's Up Doc?!

Paramount makes hostile bid for Warner Bros. Discovery

Dec 9

Paramount Skydance has directly approached Warner Bros Discovery's shareholders with a takeover offer; it has opted to bypass the rival media group's board, contending that Warner's directors have backed an "inferior proposal". Paramount has proposed a cash offer of $US30 per share, valuing its bid for the entire company at about $US108bn. It is seeking to trump Netflix's deal to acquire some of Warner's assets for around $US83bn, which has been approved by the boards of both companies. Warner has rejected Paramount's claims that its sale process had favoured a single bidder.

*Developing news story "The Streaming Wars"

News

Australia - USA Connection

World Leaders Condemn Bondi Beach Attack

Many Small Crypto Bears Sell Out; Tests Patience To Often; Bulls Controlling Market For Long Haul

News

56 hours ago +

Developing Story

The crypto market tries to form an uptrend

Market Overview

The crypto market soared by almost 7% over the past day, reaching a capitalisation of $3.15T and forming a higher local peak compared to Sunday. The mood on the crypto market was buoyed by moves from institutional giants Vanguard and Bank of America to open access to digital assets for their clients. Combined with the fact that the low point on December 1st is higher than the lows on November 21st, we are seeing a series of vital signs of an upward trend forming. However, a conservative view suggests that fluctuations below $3.38T are a correction from the previous decline.

Bitcoin approached $94K on Wednesday morning, recovering half of its losses from the sell-off between November 11th and 21st. Considering the entire decline from its October peak, BTCUSD remains trading below $ 98K as part of the correction. The $98-100K range contains three psychologically significant levels: the 50-day average, early November support, and 61.8% of the decline from the peak. Consolidation above this level could convince buyers that crypto winter has not arrived.

News Background

Vanguard, the world's second-largest investment company by assets, will open access to crypto ETF trading for its clients on December 2nd. The company had previously stated that it would avoid Bitcoin funds because cryptocurrency is an “immature asset class” and does not fit with the company's philosophy.

Bank of America, one of the largest banks in the United States, has recommended that its institutional clients allocate 1% to 4% of their portfolios to cryptocurrencies. Previously, investors were unable to access cryptocurrencies because advisors were prohibited from recommending such instruments.

The four-year cycle theory has ceased to work, so Bitcoin has a chance to reach new highs in 2026, according to Grayscale. Analysts believe there are already some signs that Bitcoin has likely bottomed out.

News (from Friday: Sydney)

ASX up as tech stocks rally, WiseTech gains

The Australian sharemarket posted a modest gain on Thursday, with lower trading volumes ahead of Wall Street's closure for Thanksgiving Day; the S&P/ASX 200 added 0.1 per cent to close at 8,617.3 points. WiseTech Global was up 6.9 per cent at $69.72, Bellevue Gold rose 3.2 per cent to $1.29 and Reece advanced four per cent to $12.73. However, DroneShield was down 7.8 per cent at $2 and Santos fell 1.8 per cent to end the session at $6.44. (RMS)

News

The Dollar's new edge: from shield to sword

The dollar is losing its safe-haven status. • The scale of the Fed's rate cuts has been overestimated. • The yen is the main favourite for 2026.

BoJ may not raise rates until March. If the US dollar was previously a shield, it is now turning into a sword. (FxPro)

News

Pop Culture News

Dream Matches: Fantasy Booking/Sports; Media Man Group Dream Match Series; Crack The Code!

Million Dollar Man vs IRS
Michael Wall Street vs Billionaire Ted
Mr X vs Mr BTC
Mr Green vs Mr Cash
VKM vs Easy E
Vinnie Vegas vs Mr Corbin
Mr Corp Merch vs Mr Freelance
Masked Superstar vs John McAfee
Sid Justice vs Mr Blood Diamond
Mr Bluey Chipper vs Street Fighter - King Of The Streets Mr Dotcom vs Mr Wiki
Mr Gold vs Mr Green - Money In The Bank Ladder Match Khan vs Khan - Winner Take All Match
Mr Wolff vs The Cleaner
Mr News vs Mr Vice - U.S Market Footprint Stipulation Mr Paramount vs Mr Netflix
Mr ESPN vs Mr Fox
Mr Kross vs Mr Cardona
Cesaro vs Rollins
Dirty Dom vs Mr AAA
Punks vs Egos
Kross vs H
Murdoch Title vs Title
Mr Black Coffee vs Mr Claudio's Cafe Blend
Mr Warner vs Mr Netflix: Broadway draw thus far! Re-match! Winner take all?!
TMZ vs Riddle
UFC vs PFL
The Oracle vs Cincinnati, Ohio
Mr X vs Hollyweird
Succession vs Billions
Mouse House vs Art House
NFL vs UFL
ABC vs Mainstream Aussies
Reigns vs Blanka
Cody Rhodes vs Joe
E. Honda vs NJPW
Capcom vs Warner
Cena vs ACME
Combat Sports Players vs Father Time
NXT vs TNA Wrestling (Showdown, not Invasion)!
Alpha vs Meta
TED X vs The Others
WWE's Solo vs NYC and Western Australia
UFC Predator vs MMA Predator
UFC Legal vs UFC Bad Egg Betting Disruptors
Bulls vs Bears
Logan Paul vs WWE babyfaces
Santa's Helper vs Grinch
John McAfee vs FBI + + +, Running .... Netflix Wins again!
Killer Kross vs Matt Riddle - Shoot Fight/Wrestling (MLW)! Holliday working web?! Most Marketable?!
VKM vs Numerous!
MLW vs The World
The Big Event vs US Promoters
Storm vs WWE Locker Room. Lash Legend on side!
NXT Gold Rush: Page & Green vs Hendry & Hail
Baszler vs Itoh - HOG Superclash - Nov 15
MSG, NY winning with WWE and UFC in Nov
The Vision vs WWE Lockerroom
John Cena vs Dirty Dom
Miz vs Management
Jericho vs Internet Marks
Mr Gold vs Mr Fool's Gold
Neo vs Mr Smith
PBR vs Others. No Bull?!
Aus Gvt vs Big Tech
Banks vs Cryptos
NVIDIA vs World
White House vs Wokes
Packer vs Devil D
Lucha Bros vs AAA Heels
WWE Black Scorpion/Masked Man vs Babyfaces
CM Punk vs The Hood
Starks vs Oba Femi - NXT Deadline
TNA Wrestling vs Dirtsheets
TKO vs Naysayers
John Cena vs Gunther: SNME
Chris Jericho and Mr X vs IWC
Mr Netflix vs Mr Paramount
Triple H vs (many) Washington Cena Fans!

News

Crypto Movies/Docos

The Rise and Rise of Bitcoin (2014)
Follows early Bitcoin adopter Daniel Mross, exploring Bitcoin’s origins, its volatile rise, and the community behind it. Great for understanding Bitcoin’s early days and its potential to disrupt finance.

Banking on Bitcoin (2016)
Examines Bitcoin’s history, ideological roots, and impact on global financial systems through interviews with pioneers and experts. A solid primer for newcomers.

Cryptopia: Bitcoin, Blockchains, and the Future of the Internet (2020)
Directed by Torsten Hoffmann, this documentary dives into blockchain’s broader applications beyond cryptocurrency, addressing scalability and regulatory challenges. Ideal for those interested in blockchain’s transformative potential.

Trust Machine: The Story of Blockchain (2018) Narrated by Rosario Dawson, it explores blockchain’s societal impact, from financial inclusion to voting systems. A comprehensive look at real-world applications.

Bitcoin: The End of Money as We Know It (2015)
Traces the history of money and introduces Bitcoin as a decentralized alternative, critiquing centralized financial systems. Features interviews with crypto experts.

Deep Web (2015) Narrated by Keanu Reeves, this documentary focuses on the Silk Road marketplace and its creator, Ross Ulbricht, highlighting Bitcoin’s role in dark web transactions.

Bitconned (2024) Explores the Centra Tech crypto scam, detailing how three individuals defrauded investors during the 2010s crypto boom. A cautionary tale about unregulated markets.

Feature Films

Crypto (2019)
A crime thriller starring Beau Knapp, Luke Hemsworth, and Kurt Russell. It follows a young anti-money laundering agent investigating corruption and cryptocurrency in his hometown. Critics note its exaggerated portrayal but praise its entertainment value.

Silk Road (2021)
A dramatization of Ross Ulbricht’s creation of the Silk Road, a dark web marketplace using Bitcoin. It explores his rise and fall, blending crime and drama.

Dope (2015) A coming-of-age comedy-drama featuring Bitcoin as a plot device. High schooler Malcolm uses Bitcoin for a dark web transaction, reflecting its early association with illicit activities.

Bonus Mentions

Life on Bitcoin (2014): Follows a couple attempting to live solely on Bitcoin for 100 days, showcasing early adoption challenges.

Bitcoin Heist (2016): A Vietnamese action-comedy about hackers chasing a crypto criminal, blending humor and thrills.

Notes Documentaries are generally more educational, focusing on Bitcoin’s history, blockchain technology, and real-world implications. They’re great for beginners and enthusiasts alike.

Feature films often dramatize crypto’s association with crime or scams, sometimes oversimplifying or exaggerating for effect. They prioritize entertainment over accuracy. For a deeper dive, check streaming platforms like Prime Video, Fandango at Home, or YouTube, where many of these are available.

News

Wall Street (Movie)
Wall Street (1987), directed by Oliver Stone, is a drama about ambition and greed in the 1980s financial world. It follows Bud Fox (Charlie Sheen), a young stockbroker desperate to succeed, who gets entangled with Gordon Gekko (Michael Douglas), a ruthless corporate raider. Gekko’s mantra, “Greed is good,” drives the story as Bud is lured into insider trading and unethical deals, compromising his morals for wealth and power.

The film explores themes of capitalism, loyalty, and betrayal, with Bud navigating pressures from Gekko, his father (Martin Sheen), and his own conscience.

Key Details: Cast: Michael Douglas (Gordon Gekko), Charlie Sheen (Bud Fox), Daryl Hannah (Darien Taylor), Martin Sheen (Carl Fox).
Runtime: 2h 6m.
Genre: Drama/Crime.
Rating: R. Box Office: ~$44 million (US).

Awards: Michael Douglas won the Academy Award for Best Actor.

Notable Aspects:

Gekko’s “Greed is good” speech is iconic, reflecting 1980s excess. Inspired by real-life figures like Ivan Boesky and Michael Milken.

A sequel, Wall Street: Money Never Sleeps (2010), continued the story.

Where to Watch (as of 2025):
Streaming: Available on platforms like Peacock or rentable on Amazon, YouTube, or Apple TV (check current availability).
Physical: DVD/Blu-ray via retailers like Amazon.

News

Best Quotes

An investment in knowledge pays the best interest." — Benjamin Franklin

"Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows." — Jim Rogers

Be fearful when others are greedy and greedy only when others are fearful." — Warren Buffett

Media Man "Bullish is a mindset"

News Flashback

Australian and international gaming, business and interactive entertainment news: Crown Limited; Echo Entertainment, IGT, Virgin Games, Aussie Millions, Bwin.Party Digital Entertainment, WWE, THQ, Marvel Entertainment, Disney, Warner Bros and more...Media Man reports...

Contender in Echo Entertainment CEO race drops out: report...

An undisclosed senior United States casino executive has emerged as the frontrunner to replace departing Echo Entertainment Group Ltd chief executive Larry Mullin after frontrunner Grant Bowie reportedly pulled out of the selection process, according to News Limited owned newspaper The Australian.

The New Zealand-raised Mr Bowie is president of US giant MGM Grand's Macau operations, and was seen as an ideal candidate given his record in Australia while working with Park Place Entertainment and Asian experience.

With Mr Mullin set to depart the company January 31, Echo is expected to name his replacement by the end of the year.

Marina Bay Sands casino head Andrew MacDonald and Skycity Entertainment's Nigel Morrison had been named as candidates, and the leading internal candidate is Echo chief financial officer Matt Bekler, according to The Australian newspaper.

IGT debuts trio of mobile slots...

American computerised gaming equipment and systems designer and manufacturer International Game Technology (IGT) has released mobile versions for three of its most popular slots.

Las Vegas-based IGT stated that Elvis: A Little More Action, Wolf Run and Kitty Glitter have been ‘optimised for the industry’s fastest growing sector’ and are now ready for users of iOS and Android-enabled smartphones and tablet devices to enjoy via its remote game server Casino series.

“The size of the mobile market is expanding by the day and a selection of superior branded content and consistently high performing games helps make IGT a driving force behind this growth,” said Leigh Nissim, Interactive Commercial Director for IGT. “Choosing the right casino game supplier in the world of mobile gaming is crucial [and] our experience, expertise and compliance record at IGT is second to none.”

Elvis: A Little More Action is a 50-payline slot with stacked wilds that features audio from one of Elvis Presley’s most recognisable tunes, A Little Less Conversation. It also offers players up to 255 free spins via its Free Spins Bonus. IGT described the 40-payline Wolf Run and the 30-payline Kitty Glitter slots as two of its ‘all-time best performers’ and revealed that the mobile new versions come complete with the titles’ expected free spins bonuses.

Three New Games Launch on Virgin Mobile Casino...

Virgin Games, the leading online gaming company, has today announced the release of three new mobile games - Elvis, Kitty Glitter and Wolf Run. All are by leading game developer, IGT, and will be available exclusively at Virgin Mobile Casino.

Virgin Mobile Casino, which now accounts for more than 10 per cent of Virgin Games' gross revenue, was launched in December of 2011 to offer a range of slots, table and instant win games. It currently has content partnerships with both IGT and Microgaming, with the intention of introducing additional partners later down the line in order to offer the same variety and choice through the Mobile app as customers experience at the web based Casino.

Joshua Morris, Commercial Director at Virgin Games, commented: "The three latest mobile games to be added to Virgin Mobile Casino continue the trend of bringing our best games from the web onto mobile. We are already seeing 10% of our gross revenues come from Mobile in less than a year since launch and with the addition of top titles such as those launched today we are strengthening our position as a multi-game aggregator."

Virgin Games has attached its single wallet system to the new mobile product, meaning its players use the same account to play at Virgin Casino, Virgin Bingo, Virgin Poker and now mobile casino. Customers can register, manage their account, play for bonuses, deposit and withdraw seamlessly, whether they are on the web or on the move. Launched in 2004, Virgin Games is one of the UK's leading online gaming sites.

Aussie Millions Poker Tournament coming up...

The Aussie Millions (Jan 17th – 3rd Feb): Held at the awesome Crown Casino, the average temperature in Melbourne in January is about 26 degrees. Not only that the tournament runs at the same time as the Australian Open Tennis. Sweet!

PKR Gains Five Millionth User; 3-D Online Poker Room Hits Milestone After Seven Years...

PKR, the 3-D online poker room, has registered its five millionth user. The website was launched in 2006.

Simon Prodger, marketing director for the company, said, “We’re delighted to hit this major milestone, and we look forward to continuing to welcome more and more poker players from around the world to PKR.

“We have a range of marketing initiatives and product developments scheduled for launch in 2013 that we’re sure will continue to grow the PKR brand, including new TV advertising campaigns and the eagerly-awaited launch of our first mobile poker product.”

The company, which is hosting the upcoming World Poker Tour Dublin event, recently told the E-Gaming Review newsroom that it had launched a seven figure investment prospectus.

PKR told the industry magazine it had been unofficially searching for an investor for two years and it was not ruling out a sale.

Crown Limited sweet tax deal?

In Australia, Crown Ltd.’s controversial ‘unsolicited proposal’ to build a second casino in Sydney won’t be of much benefit to the taxpayer, according to ex Citigroup analyst and current independent research consultant Jenny Owen. Crown’s plan is for an international VIP-focused casino, meaning the applicable tax rate would be 10%, about one-third the rate applied to other gambling revenue, like most of the action going on down the street at Sydney’s existing casino, The Star. Ms. Owen told the Sydney Morning Herald this made for "a very attractive business model, certainly one that I would have thought would go to public tender and should attract a reasonably significant license premium. Clearly that doesn’t appear to be the case.". Time will tell as "It sure looks like the casino - hotel will be going ahead" according to a Media Man gaming spokesperson.

Online Gaming Execs Respond to Detention of bwin.party CEO...

Leaders of the world’s top online gaming firms are mad as hell and they’re not going to take it anymore. In response to last Tuesday’s detainment of bwin.party co-CEO Norbert Teufelberger in Brussels, Belgium, 14 executives from 12 internet gambling companies penned a public letter to the Financial Times saying that enough is enough when it comes to European Union (EU) countries ignoring EU law.

To recap, Teufelberger was set to make the closing remarks at Responsible Gaming Day, put on by the European and Betting and Gaming Association (EGBA), of which he is Chairman, when he was detained by Belgian police. The authorities reportedly kept him for two hours (he was allowed to make his speech first), questioning him about bwin.party’s activities in Belgium.

bwin.party has found itself on the short end of extremely strict Belgian gaming regulations, which, among other things, require online poker operators to have a brick-and-mortar presence in the country in order to be granted an online gaming license. Only six operators – PokerStars.be, Poker770.be, Partouche.be, Win2day, GoldenPalace.be, and Unibet – have received licensed. To make matters worse, some of bwin.party’s websites have been put on the Belgian Gaming Commission’s (BGC) blacklist. Despite the blacklist status, bwin.party has continued to operate in Belgium.

While Belgium’s regulations may be cut and dry, they are not without controversy. bwin.party, as well as other gaming companies and organizations, feel they run contrary to EU law and have been fighting them for several years.

Norbert Teufelberger himself was one of the 14 executives to sign the letter to the Financial Times, along with co-CEO Jim Ryan. The others were:

Michael Carlton – CEO, Victor Chandler International Denise Coates and John Coates – Joint CEOs, bet365 Stéphane Courbit – President, Betclic Everest Group Canel Frichet – CEO, Winamax Noel Hayden – Managing Director, Gamesys Denis Kelly – CEO, Stan James Brian Mattingly – CEO, 888 Holdings Andrew McIver – CEO, Sportingbet Magnus Silfverberg – CEO, Betsson Ralph Topping – CEO, William Hill Ed Ware – CEO, 32Red

In the letter, which was posted at FT.com, the executives expressed their resentment towards both the EU Belgian law enforcement, saying, “While the Belgian authorities are free to intimidate Europe’s leading online gaming groups with threats about the consequences of challenging their domestic gambling laws, the European Commission has yet to receive an answer to its own concerns regarding the regulatory regime in Belgium that have remained unresolved since issuing its detailed opinion back in 2009.”

The letter reminded the Financial Times’ readers of the complaints against Belgium two years ago, quoting the head of the European Commission, Michel Barnier, from 2010 , “’…ensuring compliance of national law with the Treaty on the Functioning of the EU (TFEU) is a prerequisite of a successful EU policy on online gambling…if blatant infringements persist, I will not hesitate to propose to my colleagues that the appropriate proceedings be taken or relaunched.’”

The letter concluded, “We hope that the commission will now enforce compliance with the European treaty and do so swiftly. Countries such as Belgium and Greece that are in clear breach of EU law and that are seeking to enforce those laws domestically are likely to be at the top of the list. The time for polite rhetoric is now over. It is time for deeds not words.” (Poker News Daily)

THQ being sued by tattoo artist...

Chris Escobedo, creator and owner of Elite Tattoo, has sued THQ because one of his tattoos has been used by the developer in their game, UFC Undisputed 3 without his consent.

His tattoo, a lion, has been used on the arms of current welterweight champion of UFC Carlos Condit in the game. Escobedo claims that THQ never came to him to seek permission to use the tattoo in the game.

People often believe that they own the images that are tattooed on them by tattoo artists,” said Escobedo’s lawyer Maria Crimi. “In reality, the owner of the tattoo artwork is the creator of the work, unless there is a written assignment of the copyright in the tattoo art.”

Escobedo said: “I would not have agreed to the recreation of the tattoo by an animator.”

Well, it certainly is a violation of the copyrights, as silly as it may seem.

"WWE ’13" receives rave reviews from video game gurus..

“WWE ’13,” available in stores now, gives WWE fans the most seamless, realistic and exciting WWE video game experience to date. With the new addition of WWE Live, enhanced Predator Technology and an enormous Creation Suite and talent roster based on the Attitude Era, it’s no surprise that “WWE ’13” is a hit with reviewers. Look at what some of the leading reviewers have to say about “WWE ’13” and pick up your copy today!

IGN Review score: 8.4 out of 10 “At its core, ‘WWE ’13’ continues last year’s legacy with already solid gameplay refined via a few new moves. Aptly named OMG Moments let you tackle opponents through barricades and break the ring with top-rope suplexes, while the creation suite has been slightly upgraded with improved arena types that should facilitate better community creations.” (MORE)

Game Informer Review score: 9 out of 10 “I’ve always pointed to 2000’s WWE No Mercy as the best wrestling game I’ve ever played, but nostalgia is certainly a factor in that. After playing ‘WWE ’13,’ I’m hard pressed to think of a more enjoyable and complete wrestling game in history.”

Official XBOX Magazine Review score: 8 out of 10 “Of particular note is the game’s superb single-player experience, which should serve as the foundation for all future endeavors. If anything, the smart objective design and use of archival WWE footage makes us want more.”

AtomicGamer Review score: 8 out of 10

Bleacher Report Review score: 8 out of 10

Canadian Online Gamers Review score: 85/100

Click Online Review score: 4.5 out of 5

GamesBeat Review score: 86/100

GamesRadar Review score: 4 out of 5

IRB Gamer Review score: 4.5 out of 5

PlayStation Official Magazine – UK Review score: 80/100

RTV Review Score: 4 out of 5

TotallyGN Review score: 8 out of 10

Disney honors Black Friday in Avengers Alliance, Gardens of Time et al...

When it comes to the biggest shopping day of the year, Disney ain't playin' no games ... or something like that. The company's social gaming arm has lots planned for Black Friday in its most popular Facebook games, namely a number of enticing deals for in-game boosts and items for Marvel: Avengers Alliance, Gardens of Time, Ghosts of Mistwood and Blackwood & Bell Mysteries.

Each game will offer reduced prices on in-game currency in addition to specific offers for in-game goodies. Here's the list of the delectable deals straight from Disney and Playdom:

Marvel: Avengers Alliance: Starting Nov. 23, Mockingbird will be on sale for all players until Nov. 26. Mockingbird was originally only available as the ultimate reward for achieving 15 mastery stars in the first Special Operation, but starting on Black Friday, players will have four days to recruit this secretive S.H.I.E.L.D. Agent from the Heroes section and get her before she is gone.

Ghosts of Mistwood: From Black Friday through Cyber Monday on Nov. 26, the hit Facebook game, Ghosts of Mistwood, will be having a special Black Friday bundle sale to help players solve the mysteries of Mistwood Estate. Players can gobble up lantern oil, coins, special ingredients and a Limited Special Stardust Relic for a limited time in the Market and at a festive price.

Gardens of Time: For Disney Social Games' super sales weekend, Gardens of Time players will be able to purchase any of the in-game gold decoration items at a discount when sending them to their friends. That's over 100 items discounted for this offer.

Blackwood and Bell & Threads of Mystery: Two more amazing hidden object games from Disney Social Games, Blackwood and Bell & Threads of Mystery, will be having sales on in game gold. Players need to head on over to take advantage of these limited time Black Friday Sales.

Tolkien's estate sues over Hobbit gambling games...

JRR Tolkien's estate is suing the makers of The Lord of the Rings and Hobbit movies for allegedly overstepping their merchandising rights by making gambling games based on the books' characters.

Tolkien's family and publisher HarperCollins are suing Warner Brothers, its subsidiary New Line Cinema and Saul Zaentz for $80 million.

In papers filed in a Los Angeles court, they accuse the defendants of copyright infringement and breach of contract.

They say the companies are entitled to develop and sell only tangible merchandise such as clothes, figurines and stationery, not downloadable video and gambling games.

The Tolkien estate has asked for an injunction on such products, which it claims have caused irreparable damage to the author's legacy and reputation.

"Not only does the production of gambling games patently exceed the scope of defendants' rights, but this infringing conduct has outraged Tolkien's devoted fan base, causing irreparable harm to Tolkien's legacy and reputation and the valuable goodwill generated by his works," the lawsuit stated. The suit claimed Warner Brothers has earned millions of dollars from legal merchandise licensing revenue related to The Lord of the Rings trilogy of films, which have grossed nearly $3 billion at the global box office.

Representatives for Warner Brothers, Tolkien's estate and HarperCollins were not immediately available for comment.

The lawsuit comes a week ahead of the New Zealand premiere of The Hobbit: An Unexpected Journey, the first of a new trilogy of films returning to Tolkien's world of elves, goblins and wizards of Middle Earth, based on the Lord of the Rings prequel novel, The Hobbit.