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NEW U.S. DEAL FOR BWIN.PARTY

Tuesday, May 8,2012 :  NEW U.S. DEAL FOR BWIN.PARTY
 
Ten-year agreement in place for California online poker
 
Following significant agreements with MGM Resorts International and Boyd Gaming, bwin.party digital entertainment plc has further solidified its position in the U.S. pending positive online gambling legislative developments. When this launches sites like http://www.bonus-codes-party-poker.com will have all the news.
 
A formal online poker service agreement was announced Monday between the company and the United Auburn Indian Community (UAIC), which owns and operates the Thunder Valley Casino Resort near Sacramento, California.
 
The UAIC is a federally recognised California Indian tribe who would be a qualified licence applicant under legislation proposed in the California State Senate.
 
Under the terms of the agreement bwin.party will provide the technology and operations expertise to power online poker services as well as related support.
 
Jim Ryan and Norbert Teufelberger, co-chief executive officer's of bwin.party, said:  "California is the largest state in the U.S. in terms of population and is known to have a significant number of poker players who like to play poker online. Combining our own significant assets and resources with those of UAIC will create a strong partnership that is well-placed to seize the opportunities that will arise if appropriate online poker legislation is enacted in the Golden State."
 
David Keyser, Tribal Chairman of UAIC added: "We see the legalisation of Internet poker and other Internet gaming as being inevitable. Having met with representatives from a number of different online gaming companies, bwin.party was our first choice as partner. With its expertise in online poker, proven technology and player loyalty we are confident of being able to maximize the revenue opportunity from a regulated online poker market in California and to continue to enhance the long-term prosperity of our community."
 
Senators Wright and Steinberg introduced legislation titled "The Internet Gambling Consumer Protection and Public-Private Partnership Act of 2012 (SB 1463)" to regulate online gaming within California in February 2012.   The legislation includes proposals to regulate, license and tax internet poker within the state of California at a rate of tax of 10 percent gross gaming revenue.

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IS DAN BILZERIAN A POKER FISH? - Dan Bilzerian, the high profile Instagram legend, jet setting playboy and allegedly deadly online poker player who claims he accrued a $50 million fortune playing the game,

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Is Sheldon Adelson in Favor of Trumo - With the inaugural presidential lunch coming to a close Friday afternoon, US Congressional reporter Paul Kane offered an interesting tweet, noting:

SD618 Massachusetts Online Gambling bill Updates - A few more details have emerged on Sen. Bruce Tarr's new online gambling legalization bill SD618 just filed in the Massachusetts Senate.

2017 $25,000 buy-in Aussie Millions Challenge event results - Taiwan poker pro James Chen has emerged victorious in the $25,000 buy-in Aussie Millions Challenge event after besting a field of 133 at the Crown in Melbourne.

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

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