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Partnership Enables PacificNet Games to Rapidly Expand Gaming Product Lines via Partnership Agreement with Casino Management System Leader.

MACAU, China, Sept. 13 /Xinhua-PRNewswire/ — PacificNet, Inc. , a leading provider of Customer Relationship Management (CRM), mobile internet, e-commerce and gaming technology in China, announced today that its PacificNet Games ( http://www.PactGames.com ) subsidiary has signed a strategic alliance partnership agreement with leading casino management system provider Advansys ( http://www.advansys.si ).

Through this partnership, PacificNet Games will deploy Advansys products in multiple Asian markets, customize existing products to meet local gaming requirements and co-develop new casino management systems for Asian casinos. PactGames currently carries a wide range of gaming product lines, including EGT Series and CyberCash Series Slot machines, Virgin Series MultiPlayer Casino gaming machines, eTable Series Multiplayer casino gaming machines, and the Evona series casino roulette. This partnership with Advansys adds to this product line a world-class casino management system, giving PactGames a complete and strengthened product line. Other suppliers of casino management systems include IGT, Aristocrat, BallyTech, and Progressive Gaming.

The Advansys casino management system includes slot accounting, cage management, player tracking, slot marketing, and slot machine maintenance. This summer, Advansys launched SlotScanner(TM) Ticketing, which is used for the management of Ticket-In, Ticket-Sut (TITO) slot operations in place of traditional coins. SlotScanner(TM) Ticketing is an upgrade to SlotScanner(TM) Accounting & Cage and operates on all slot machines that support reading and printing of cash-out tickets. Ticketing is very popular with players that value the privacy of their play, simplicity of use and instant transfer of credits from one machine to another. SlotScanner(TM) Ticketing is a solution for operators who want to increase the efficiency and profitability of their slot floor by reducing or eliminating hopper fills and decreasing labor costs. Advansys has seen strong demand for all of its casino management products due to Asian operators facing growing competition, which is bringing an increased need for casino efficiency and a stronger push to gain player loyalty.

Tony Tong, Chairman and Chief Executive Officer of PacificNet, said “We highly respect Advansys’ strength and knowledge in casino management systems. We are excited about the features, quality and income generation potential of Advansys’s gaming products. We think Advansys’s gaming products are complementary to PacificNet Games’ multi-player electronic gaming machine product lines and we believe that Advansys’ gaming products will further enhance PacificNet’s position to become a leading gaming technology provider in Asia. With our mature gaming product line, strong presence and installation base, this partnership with Advansys will greatly enhance PacificNet’s efforts to expand penetration of our products in Asia and the rest of the world.”

As of the end of 2006, Macau (a Special Administrative Region of the People’s Republic of China) has become the largest and fastest-growing gaming market in the world, and has surpassed the Las Vegas Strip in total revenues. According to statistics provided by Macau government, in 2006, Macau’s gaming revenues reached US$7 billion (MOP 56.2 billion patacas), surpassing the Las Vegas Strip gaming revenues of US$6.6 billion. Macau borders Zhuhai City of Guangdong Province of China, one of the country’s wealthiest and most developed regions and is an hour away from Hong Kong via ferry. In 2006, the number of tourists visiting Macau reached an all-time record of 22 million, an increase of 17 percent compared with 2005, of which 55%, or 12 million visitors, were from mainland China. By 2010, the number of tourists is expected to nearly double to almost 30 million visitors per year. Approximately one billion people live within a three-hour flight of Macau. With the disposable income of the average Chinese on the rise, Macau’s gaming and entertainment market is expected to grow for years to come. Macau is the only area in China where gambling is legal.

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Online gambling portal took the initiative on Washington project

Whilst many complain about US political ignorance when it comes to the multi-faceted online gambling phenomenon, few have taken proactive steps to address the apparently yawning gap in US political education on the pastime. Not so the information portal Casino Gambling Web which has just completed a commendable initiative to better inform Congressmen.

Staff from the portal traveled to Washington DC and successfully delivered 435 information packets to every US representative in Congress on Friday last week.

The packets contained the substantial petition to repeal the Unlawful Internet Gambling Enforcement Act that the site has been sponsoring, together with 10 reasons why Internet gambling should be legalised, and a CD that contained all the testimony from the Financial Services Committee hearing on the regulation of Internet gambling.

Each packet was hand addressed to individual Congressmen and women and the project was titled ‘The IGREA Initiative’. The title refers to Congressman Barney Frank’s Internet Gambling Regulation and Enforcement Act which seeks to legalise and regulate online gambling in the United States (see previous Online-Casinos.com/InfoPowa reports).

“We did our part,” commented a Casino Gambling Web staffer who helped deliver the 435 packets, “Now it’s up to the 15-25 million Americans we went there to fight for to start calling their Congress people and express their support for ‘The IGREA Initiative’.”

Congressman Frank and other US politicians who believe in regulation rather than prohibition have repeatedly stressed how important it is for politicians to hear the voices of voters they represent. They have urged American online players to email or phone their political representatives to ask that they reject UIGEA and support the Frank Bill.

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A member of an Internet casino group has been arrested for taking a cut from profits earned by a Kyoto Internet cafe operator from customers who gambled on the casino site, police said.

Yoshiaki Takahashi, 43, a resident of Hanamigawa-ku, Chiba, is accused of accepting money gained from crimes.

He denied the allegations during questioning. “I didn’t know the money was part of proceeds from illegal gambling,” he was quoted as telling investigators.

Takahashi received a total of 16 million yen from the 42-year-old former operator of an Internet cafe in Higashiyama-ku, Kyoto, on five occasions in January last year, Kyoto Prefectural Police investigators said. The money was part of proceeds that the Internet cafe operator gained from customers who gambled on the casino site at his cafe.

The leader of the group operating the online casino site, who is a U.S. national, has been placed on a wanted list.

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LONDON (MarketWatch) — Ethos Private Equity said Tuesday that South Africa’s Gold Reef Resorts Ltd. (GDF.JO) has agreed to a 11.4 billion rand ($1.6 billion) buyout by its consortium, which also includes Goldman Sachs Group Inc.

The offer of ZAR34 per share is at a 48.5% premium to the pre-cautionary price of R22.90 as at March 8, 2007 and is one of the largest ever leveraged buyouts in South Africa.
The consortium also includes Gold Reef management and the company’s existing black economic empowerment shareholders, which have a 25.1% stake in the South African gaming and entertainment company.
Ethos said that the buyout is backed by fully committed financing provided by a cluster of banks, including Goldman Sachs and Nedbank Corporate, a division of Nedbank Ltd. (NED.JO).
The transaction is one of very few leveraged buyouts to be completed since the volatility in the credit markets slashed the availability of debt.
Several companies have postponed or pulled sales as the cost of leverage will make it difficult for potential buyers to meet sellers’ earlier price expectations. Some 80.5% of existing shareholders of the company have irrevocably undertaken to accept the offer in respect of their entire shareholdings, subject to no competing offer being received that is at least 10% higher than ZAR34.00 a share.
Gold Reef operates the Gold Reef City Casino and Theme park in Johannesburg and is developing the Silverstar Casino on the West Rand, both in Gauteng Province.
It also operates the Golden Horse Casino in Pietermaritzburg, the Garden Route Casino, the Mykonos Casino at Langebaan, the Goldfields Casino, and has a shareholding in the Queenstown Casino, which is currently under development.
The offer is still subject to certain conditions, which include approval from the relevant Provincial Gambling Boards and the Competition Commission.

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SEATTLE (AP) - A hearing is scheduled tomorrow in federal court in Seattle for the son of Seattle Mayor Greg Nickels, Jacob Nickels, to change his plea to casino-cheating charges.

The 25-year-old had pleaded not guilty to conspiracy and theft charges in an indictment.

He is accused of accepting $5,000 to enlist a dealer in a false shuffling scam two years ago when he worked as a pit boss at the Nooksack Tribe’s casino in Deming, Whatcom County. The casino-cheating ring is accused of stealing millions of dollars by bribing dealers in seven states.

Earlier this month a card dealer from the Nooksack casino pleaded guilty to a conspiracy charge. The dealer, 24-year-old Levi Mayfield, said he was recruited by Jacob Nickels.

Nickels grew up in Seattle and graduated from Garfield High School in 1999. He attended Western Washington University in Bellingham, but didn’t graduate.

Copyright 2007 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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BEIJING: The world’s largest casino space boasting a 50,000 square metres of floor space was opened in Macao, considered as an emerging global gambling centre.

The $ 2.4 billion casino and hotel complex is owned by American billionaire Sheldon Adelson, further boosting the southern Chinese city’s claim to be a major global gambling centre, surpassing even the Las Vegas Strip.

The Venetian boasts what it claims to be the world’s largest gaming space of 50,000 sq metres, housing 3,400 slot machines - with room to expand to 6,000 - and more than 800 gambling tables.

It has 3,000 rooms, a 15,000-seat sports arena, retail space for 350 stores, 108,000 sq metres of convention space, fine dining and a Cirque du Soleil-produced show, the China Daily reported. Its decor aims to replicate the beauty of Venice - with a Chinese touch. Chinese-style sampans as well as gondolas will sail down canals.

The resort also features a replica of Venice’s St Mark’s Square, the report said. Macao, a former Portuguese colony, a Special Administrative Region (SAR) of China since December 2000, is the only place in the country where casinos are legal.

This week, a Chinese court in Shanghai, sentenced a South Korean national to two years in prison for running an illegal on-line casino.

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Red Lounge online casino has received the best Google rating for highest payout games.

Payout is the main emphasis of the Red Lounge’s promotions. New players get a £50 bonus once they sign up, and for the rest of the summer regular players get 15 percent off and VIP’s receive 20 percent off. It doesn’t matter how much players have won, 15-20 percent of the sum they have lost will be automatically transferred back to their account every Wednesday of every week for the rest of the summer.

Most of the games at Red Lounge casino focus on payouts. Its blackjack games for example, have been rated the best payouts by Inside Edge magazine, and Double Exposure 21 has 99.74 percent payout.

The casino’s Baccarat is also on the hot list as one of the best payouts of its kind and is currently offering players 4 percent commissions, combined with 9 to 1 payouts.

Red Lounge is always looking for new players and its policy is exclusively targeted to satisfy the needs of all its customers. The company’s generous payouts are combined with its exceptional customer service and one of the best graphics among online casinos.

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A Sunday morning tradition turned into a windfall of winnings for 55-year-old Vallejo man John Wendler and his wife Judy.
“We like to go to breakfast on Sunday mornings, and I gave her a choice,” said the automobile technician. “Did she want to go to breakfast in Berkeley, or to Cache Creek? The salmon BLT sandwich is a treat for us at the casino. Judy chose to go to Cache Creek - thank God she did!”

That’s because Wendler was treated to more than just a great breakfast. He won the first and largest Super Cache Fever Jackpot ever, receiving a check for $225,000.

“I saw the sign for the Super Cache Fever Jackpot when we first walked in,” said Wendler. “I just thought, ’some lucky dog will get it.’ I never figured it would be me!”

The big winner said it was hard to believe he actually won.

“All of a sudden the machine just quit, I thought the doggone thing was broke!” said Wendler. “I just about died when I found out I was the winner. I didn’t know whether to laugh, cry, fall on the floor or what!”

The couple, who have been married for 23 years, say they plan to use their winnings to pay off their mortgage. Judy also plans to travel with her girlfriends on a cruise this October.

And there’s one more tradition they’re going to keep.

“We’ll be at Cache Creek this Sunday morning again,” said Wendler. “We have a tradition that if we do well at the casino, we will treat ourselves to an ice cream. We were so excited about the win that we forgot it - so we have to go back to get our winning ice cream!”

“Cache Creek Casino Resort and the Rumsey Band of Wintun Indians would like to congratulate Mr. Wendler and his wife on their good fortune,” said Mike Leonard, vice president of marketing at Cache Creek. “We hope that this jackpot can do some wonderful things for their family.”

Super Cache Fever Jackpots are promotional payouts available on all slot machines, any denomination, at Cache Creek Casino Resort. The promotion is for a limited time and started July 23. The Super Cache Fever Jackpots start at $100,000 and are guaranteed to hit by $300,000.

Cache Creek is Northern California’s only casino resort. It operates 3,100 slot machines and 142 table games throughout its 100,000-square-foot facility.

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BILOXI, MISSISSIPPI –Casino employees and those who aspire to work in the industry have just over a week to enroll in the fall semester of casino courses to help them advance or secure a job.

Similar to employees in any large corporation, “A lot of managers are finding out to get to the next level they’ve got to have a college degree,” said Alan Silver, director of Casino Resort Studies at Tulane University. Casinos are recruiting the best and brightest people, he said, and many Coast casinos offer tuition reimbursement and flexible schedules to employees enrolled in college.

Professor Tony Hawthorne, chairman of Tourism Management at the University of Southern Mississippi, said the university makes it convenient for casino employees to take college courses. Three of their classes meet just once a week in the later afternoon or evening and the fourth is an online course that students complete at their convenience.

Scholarships are available in casino studies at both universities. Classes start at Southern Miss today and at Tulane on Aug. 29, but registration for both is open until Labor Day.

This month Tulane signed a 2+2 agreement with Mississippi Gulf Coast Community College that allows students to transfer all their credits in the hotel and resort management program, up to a maximum of 60, directly to Tulane. There they will earn an additional 60 credits toward their bachelor’s degree, studying with instructors “who have years of experience in the industry and also advanced degrees,” said Silver.

“We think it’s certainly a very beneficial program for everyone,” said Assistant Dean Rosaria Guastella.

Seth Diamond is studying at Tulane’s Edgewater Mall Campus in Biloxi while working as director of food and beverage at Boomtown Casino Biloxi. Although he finds it challenging to schedule work and school, Diamond said his employer, Penn National Gaming, is pro-education and his professors at Tulane are reasonable with their requirements.

“The gaming industry has been very good to me and my family,” said Diamond, who started in the casino business 20 years ago. His college courses give him insight into casino operations beyond food and beverage, he said, and provide future opportunities.

This fall’s classes are the first to meet at the Long Beach campus of Southern Miss since it was damaged by Hurricane Katrina. The university received state permission to offer the program right before the storm, and Hawthorne said, “This is the first time we’re offering a full slate of courses.”

Students can transfer their credits from any of the state’s junior colleges. The program is part of the Business Administration Department and all students get a strong business background, taking core classes in computers and marketing. Among the instructors is David Paster, who for years was a consultant to the casino industry in Las Vegas.

The students can benefit from the partnerships and internships being formed between the Coast casino industry and the universities. Casino executives have gone into the classroom and online to share their knowledge and their enthusiasm for the industry.

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Two Members of America’s House of Representatives have published an editorial in the New York Post newspaper outlining why they believe in regulating online casinos rather than banning them.

Representatives Steve Israel, a Democrat, and Republican Pete King were original co-signers of Barney Frank’s Internet Gambling Regulation and Enforcement Act (IGREA), House of Representatives Bill 2046, and said that the Treasury Department is in charge of a number of jobs, including protecting the President, investigating counterfeit money and tracking terrorist financing and should not be made to look after the ban on online casinos.

The Treasury Department is now being asked ‘to spend their time and resources going after something far more trivial, people who play cards from their home computers’, the two Long Island Representatives wrote.

The article, Web Gambling: Tax, Don’t Ban, even pointed out that ‘years ago, the Treasury’s Secret Service agents used to help Harry Truman put poker games together in the White House. Now they’d be locking him up. Frankly, Federal law-enforcement officials have bigger fish to fry’, the Congressmen affirmed.

Frank’s Bill would see online gambling licensed and regulated by the Financial Crimes Enforcement Network and exempt from the Unlawful Internet Gambling Enforcement Act (UIGEA) with players having to pay tax.

‘Simply taxing web betting would generate significant revenues that could be used for a variety of domestic priorities,’ the duo pointed out.

As US residents will always find ways to gamble online, Israel and King said that the ban is misdirected and unenforceable and, ironically, leads to an increase in the unprotected environments that UIGEA claimed to address.

This is because, the two claim, a bans pushes businesses into the hands of ‘scam artists and grey market entrepreneurs’ based in unregulated offshore locations.

The piece ends by saying, ‘In the end, there is the question of how much we want Government to be involved in our private lives. For many, playing poker with friends on the Internet is a way to unwind at the end of the day. Technology aside, web gambling isn’t so different than the way Americans have relaxed and enjoyed the company of friends for decades.’

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