Archive for December, 2006

Dec
30
Filed Under (News Roundup) by Casino Man on 30-12-2006
PartyGaming chief sees £19m raise
Mitch Garber, the chief executive of bombed-out internet group PartyGaming, is to be gifted shares and cash currently worth almost £19m under a revised management incentive scheme….

PartyGaming executives hit the jackpot
· Improved remuneration package worth £40m· Rewards are not linked to performance…



Dec
29
Filed Under (News Roundup) by Casino Man on 29-12-2006
Numbers come up for PartyGaming top brass
Online gaming group’s executives are in line for a £40m jackpot as the company today awarded them big cash bonuses and new share options. By Julia Kollewe….



Dec
29
Filed Under (News Roundup) by Casino Man on 29-12-2006
PartyGaming buys rivals
Read full story for latest details. …
Source: CNN | full story »

PartyGaming executives hit jackpot
Online group has scrapped the performance targets on options held by its top directors and awarded more shares and multi-million pound bonuses despite the plunging share price in the last few months after the US banned internet betting….

Casinos danger ‘is like crack cocaine’
A warning was issued today about the dangers of a new generation of gaming machines dubbed ‘the crack cocaine of gambling’. Labour’s liberalisation of laws will allow operators to install hundreds of the machines in Britain’s first supercasino…



Dec
29
Filed Under (News Roundup) by Casino Man on 29-12-2006
PartyGaming shows Empire hand
Luxury department store Liberty’s like-for-like sales in the month before Christmas hit a new high despite a slow start to the festive trading period….

Online gambling firm confirms deal
9.30am: snaps up the assets of its smaller rivals and Intercontinental Online Gaming for $66.3m (£33.7m) in shares. By Julia Kollewe….

PartyGaming Buys Out Two Rivals
The world’s biggest internet firm, PartyGaming, is buying the operations of two of its smaller competitors.The owner of PartyPoker.com is paying £33.7m in shares for sites owned by and Intercontinental Online….



Dec
29
Filed Under (News Roundup) by Casino Man on 29-12-2006
Empire Online sells websites to rivals
The internet gaming group is to turn itself into a cash shell after selling its sites to bigger rival for around $40m….

Review of 2006
From the sale of YouTube to the detention of Sportingbet’s chairman, Russell Hotten describes a year of good and bad luck…



Dec
28
Filed Under (News Roundup) by Casino Man on 28-12-2006
PartyGaming in talks to buy Empire assets
Read full story for latest details. …
Source: CNN | full story »



Dec
28
Filed Under (News Roundup) by Casino Man on 28-12-2006
Online gambling firm in talks with rival
today confirmed it is in talks with smaller rival Empire Online, as reported exclusively by the Guardian. By Fiona Walsh….



Dec
28
Filed Under (News Roundup) by Casino Man on 28-12-2006
PartyGaming bets on Empire Online
bets on EmpireOnline…

PartyGaming buys into Empire
· Company quits in wake of US clampdown · Deal worth up to $40m…



Dec
28
Filed Under (News Roundup) by Casino Man on 28-12-2006
Racing world says farewell to Desert Orchid
The ashes of Desert Orchid, the iconic racehorse of the 20th century, were laid to rest at Kempton yesterday when his headstone was unveiled in a ceremony between races….



Dec
27
Filed Under (News Roundup) by Casino Man on 27-12-2006
‘Casino’ tops Bonds at box office
Royale becomes the highest-earning James Bond movie at cinemas worldwide, taking $454m (£232m)….