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SOCIAL NETWORKING SITE AND WPT TO TEAM UP

The recent announcement that ex-MySpace exec Thomas Flahie had been appointed as interim Chief Financial Officer at Steve Lipscomb's World Poker Tour Enterprises fits neatly into the poker firm's latest strategy unveiled this week - a poker community using the MySpace website.
 
The runaway success of social networking venues such as MySpace has prompted WPT to team up with the company in a new venture branded MySpace.com/ClubWPT. It follows on the news (see previous InfoPowa report) that WPT is to sever its relationship with Cryptologic and at the very least temporarily close down its online poker website at WPTonline.com.
 
MySpace.com/ClubWPT is described in a statement by the partners as a "fully integrated poker destination with games and content for MySpace members." Membership will be open to experts, novices and fans alike with all the benefits of networking to exchange information, post videos, interact with pros and publicise upcoming events, but WPT will be adding an additional dimension in the shape of its new ClubWPT.com TV show.
 
Not-for-money multiplayer online poker from Oberon - a MySpace applications partner - will be available, enabling visitors to play against each other in tournaments and connecting with a $20 a month subscription to the club offering which provides sweepstakes style prizes ranging from cash to WPT tournament seats. Prizes of up to $100 000 a month are to be offered.
 
Angela Courtin, marketing VP at MySpace says the new arrangement will provide MySpace visitors with an entertaining new facility - the ability to legally compete with other poker players for prizes. "MySpace has a balance of a social community base and a global portal platform that allows brands like WPT to create great online entertainment experiences for our users," she adds.
 
"Poker and social networking have separately reached and engaged people around the world in ways like nothing we’ve seen before," said WPT president, CEO and cofounder Steve Lipscomb. "As poker continues to see major growth across the globe, this partnership meets the demand for a poker experience that appeals to enthusiasts of all levels by connecting consumers in one unique, fully-integrated gaming and entertainment environment."

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Gambling News :

Interwetten 2016 Earnings Results - Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform

EU Online Gambling Tax Harmoney Dead - Tax expert says European Court of Justice Attorney General's opinion on UK-Gibraltar litigation signals that EU courts are happy for individual member states to impose their own laws on online gambling.

Jack Lam Facing Big Fines in the Philippines - It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him.

Walter Merricks Term As Gambing Commissioner Extended - The UK Government has extended Walter Merricks’ term as Commissioner of the Gambling Commission for a further year, ending December 31, 2017.

Loot’enKhamun Pays $3.8 Million Jackpot - A London-based construction worker’s year got off to a great start when he hit the Loot’enKhamun jackpot at bwin casino.

PlaySugarHouse To Carry Konami Content - Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.

ITF TERMINATES BETWAY SPONSORSHIP DEAL - The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.

GSA To Launch European division - The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.

Paddy Power Trading Update - Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.

Tabcorp SunBets project - The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.

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