LONDON -- Following its maiden AGM last June 27, AsianLogic Limited (AIM:ALOG), the Asian-facing gaming company, announced a number of strategic developments that it believes will help it grow and expand its online and landbased businesses.

The London-listed AsianLogic (www.asianlogic.com) revealed further details on the agreement signed with Philippine-based Leisure Resorts and World Corporation (LRWC) for a planned sportsbook operation.

AsianLogic has sold its domestic sportsbook operation in the Philippines in "an all paper transaction". Together with a third party international sportsbook operator, AsianLogic will be issued up to 342 million LRWC shares or about a 30% stake in LRWC to be realized in three years. Under the MOA, AsianLogic will assist LRWC in expanding the number of betting outlets and number of sports offers to punters with the aim of boosting betting turnover and profits.

AsianLogic will also invest US$4.5 million in LRWC in part shares and part purchase of treasury equating to about 8% of the expanded LRWC share capital. LRWC will utilize about US$1 million for development and infrastructure work in projects via its LRWC subsidiary, First Cagayan Leisure and Resorts Corporation, the Philippines' master franchisor for online gaming. LRWC will use the remaining US$3.5 million for setting up a new landbased gaming entity in Metro Manila, Philippines.

AsianLogic and LRWC will be coming out with a more detailed announcement on the aforementioned transactions in the next couple of weeks.

AsianLogic has also been busy in acquisitions in recent months to increase its presence not only in Asia but also in Europe.

Aside from closing a US$24 million transaction with a leading Asian e-gaming operator in the next couple of months, AsianLogic has also announcede that it has invested US$3.4 million for a significant minority stake in a European gaming solutions provider. This move the company believes will complement its existing product range currently provided by gaming developer Playtech Limited (www.playtech.com).

AsianLogic also re-announced its intent to push through with six tournaments in 2009 for its Asian Poker Tour (www.asianpt.com) after its successful maiden event in Manila. AsianLogic will hold three more APT events this year in Macau in August, in Korea around October and a culminating event in Singapore in December.

It also announced that it has agreed terms with a leading Macau hotel and casino to operate an "APT Poker Room" within the hotel's premises to address increasing demands for more poker facilities.

In a related announcement, AsianLogic Director Christopher Parker vacates his CEO post with the company and moves over to the Asian Poker Tour to handle CEO duties. Director and current Vice Chairman Thomas Hall replaces Parker and will assume CEO duties for AsianLogic.

Commenting on the announcements, new AsianLogic CEO Thomas Hall said:

“These results reflect the successes AsianLogic has enjoyed and demonstrate the Company’s continuing growth as a listed entity. We believe that the acquisitions and joint ventures announced today will strengthen, complement and expand our existing operations. My new role in the company provides me with the opportunity to ensure all appropriate opportunities are secured and developed to the maximum benefit of the Company.

“For the Asian Poker Tournament, opening a poker room in Macau - the gaming capital of Asia - will cater to the growing demand for poker facilities as well as providing us with excellent cross marketing opportunities for our online brands and online initiatives.  A big part of our future strategy is to combine our online revenues with those that can be derived from slot clubs, bingo halls, sports betting venues and other land based, regulated gaming venues and to leverage both channels wherever possible.

“Our core gaming activities are performing strongly and the accretive benefits from acquisitions and investments coming into play from Q3 onwards.  We have added several key senior staff members so as to enable the Company to cope with its planned growth. The Board are very positive about the Company’s prospects”

MyOhioNow's proposed initiative will create a $600 million dollar resort/destination casino located at the intersection of I-71 and SR 73; between Columbus, Cincinnati, and Dayton.

1. Jobs: The casino will create up to 5,000 permanent/stable Ohio jobs. Jobs directly related to the casino will pay on average $34,000 yearly and include full benefits. Importantly, no casino in the Midwest gaming market has ever been closed. Plus, casinos provide education and training to their staff that helps to turn jobs into careers.

2. Share the Wealth: Each year approximately $211 million dollars of tax revenue will be distributed between all of Ohio’s 88 counties fairly based on population. Each county can decide for itself how to spend your county’s share, no strings attached.

3. Ultimate Ohio Destination: The resort casino will be a state-of-the-art, full scale resort destination (built with Midwestern sensibilities). The MyOhioNow initiative includes a deluxe hotel, championship golf course, spa, 8 restaurants for all tastes, a convention center, a 2,500 seat live entertainment complex, and much more.

4. Economic Revitalization: 38 states in the US have casinos. With the exception of Kentucky, every state surrounding Ohio has legalized casino gambling. Keep Ohioan’s money from leaving the state at 65 mph! Our Ohio resort casino will keep their money within the state and attract thousands of tourists. What plays in Ohio, stays in Ohio.

This will be a state wide ballot issue for the November 4, 2008 election and we are asking for your support. Please inform your family and friends of our project. Together we can improve the quality of life in your county as well as in the entire State of Ohio.

Cruising further north we are promised a look into a world very unlike our own, a city with centuries of history and the stories to match. Read on...

The ultimate cruise experience is so much more than just choosing a great ship. Although the onboard amenities and ship's grandeur play a big part, the itinerary, sights and local shore excursions can make all the difference. The world is your oyster when it comes to cruising and journeyPod is about to take you on a guided cruise tour, so to speak...

In questo video vi mostriamo i migliori bluff delle World Series of Poker.Da non perdere amici,dopo visto questo video ci amerete ancora di più!

With a US$4.5 billion budget in its treasure chest, Canadian developer Asian Coast Development Ltd. is planning to develop Vietnam's very first casino resort.

Dubbed the Ho Tram Strip complex, the casino resort project will call for construction of an undeveloped 432 acre stretch of beach and forest in Xujen Moc, Ba Ria-Vung Tau province some two hours away by car from Ho Chi Minh City.

Asian Coast Chairman Michael Aymong said that the project is scheduled for completion by 2011 with the intial phase to have a couple of hotels offering 2,300 rooms. The Canadian developer hopes to increase room capacity to about 10,000 by 2015 along with additional facilities.

Part of the Asian Coast project will involve the firm investing in the building of infrastructure which includes an airport, a ferry terminal and highways.

It is reported by Asian Coast, who received their casino license last March 2008, that the project is already attracting investor interest.

LONDON -- AsianLogic (AIM: ALOG), the Asia-facing gaming company recently announced that it has experienced continuous success in the second quarter of 2008 for its casino and poker operations.

Covering April to June 2008, the London-listed AsianLogic (www.asianlogic.com) said in a trading statement that its average daily casino turnover increased by 34% over the previous quarter from US$11 million (January - March) to US$14.6 million this Q2. It's net gaming also increased from US$243,069 to US$320,158 or an increase of 31%.

For its poker operations, AsianLogic revealed that its poker fees continued to exceed forecasts. The second quarter of the year saw for the company its poker increase by 39%.

The company's operating margins in 2008 have so far showed improvement over 2007 although it "anticipates lower levels of profitability in some sectors of its online casino activities, due to margin pressure, similar to that faced by landbased Asian casinos working with casino junket groups and agents."

AsianLogic however remains upbeat that these margin pressures will not significantly impact overall business and that figures will remain positive for the year.

In addition, AsianLogic announced a number of developments after the company's first AGM last June 27. The company believes these developments will help it continue to grow and expand its online and landbased businesses.

Very quietly, Alliante Station, the new casino in North Las Vegas, has started hiring to fill "more than 1000 new jobs", according to the Las Vegas Sun this morning. Keep in mind that although lots of new casino jobs are filled by transfers from other casinos, each transfer creates a new job at some other casino. Eventually, you need 1000 new workers.

This hotel opens November 11, in less than 6 months.

Schade eigentlich, dass die institutionellen Anleger (also wohl vor allem die amerikanischen Pensionsfonds, aber auch Deutsche Banken, Versicherungen, Genossenschaften usw.) bei diesen Meudalismuskritischen Schriften so selten oder gar nicht erwähnt werden. Denn im Gegensatz zu Privatpersonen, die ihr Vermögen ja wenigstens durch Spenden wieder los werden können, und politischen Einfluß nehmen können, aber nicht müssen, sind bei diesen institutionellen Anlegern die Gewinnrücklagen wirklich futsch. Für immer. Und die politische Einflußnahme dieser Einrichtungen ist ja sowieso ganz offiziell. Sie trotzdem einfach als nicht emanzipierte Vertreter ihrer mehr oder weniger freiwilligen Geldgeber (also der Rentensparer, Versicherungsnehmer oder was auch immer) anzusehen oder sie einfach unter den Tisch fallen zu lassen dürfte allerdings eine Vereinfachung mit schlimmen Konsequenzen sein.
Also auf jeden Fall fände ich das schon sehr schön, wenn meudalismuskritische Autoren wie der Meudalherr oder der Wozniewski sich auch mal verstärkt mit diesen sogenannten institutionellen Anlegern beschäftigen würden.
Das wollte ich nur mal gesagt haben.

Harrah´s Entertainment va accueillir au sein de son casino de Las Vegas le réseau Casino Channel Network.

Ce dernier a déjà déployé 37 écrans au sein des MGM MIRAGE’s Luxor et Excalibur hôtel-casinos et vise à doubler sa base suite à l´accord passé avec Harrah´s.

La solution logicielle est apporté par EnQii. Elle permet notamment aux visiteurs d´interagir avec les écrans via leurs terminaux mobiles, pour obtenir des informations ou procéder à une transaction.

Notons que les propriétés d´Harrah´s s´ouvrent particulièrement aux écrans de toutes sortes ces derniers temps. Son hotel Rio a, en effet, récemment innové en installant 6 terminaux Microsoft Surface.