Archive for 'News'
Bwin’s Acquisition of Gioco Digitale: How It Foregrounds Bwin’s European Development
Posted on 16. Sep, 2009 by admin.
Austrian online betting corporation Bwin has for a long time held a wish to extend its business into the market in continental Europe. Bwin is already well established in business circles and in the online gaming and gambling industries in Austria, but a natural need for its business to extend has seen a desire to manifest itself in countries such as Portugal in the past. Its recent acquisition of Gioco Digitale, the biggest provider of online poker and gaming operations in Italy, has clearly begun this journey for Bwin. The opportunity for further extension into the continent is now looking far brighter for the corporation, which is currently based in Austria.
Now that a very large part of Italy’s gaming and gambling empire is under its control, Bwin has certainly got the manpower to be able to extend its business wherever its needs require it to go. As long as it stay within the laws of the countries that it wishes to expand into, there appears to be no further problem. One may think, however, that extending into Italy and taking on such a big responsibility may be enough for Bwin to deal with at this point. Before it extends further into continental Europe, it is likely to want to establish itself in Italy.
Bwin’s recent acquisition of Gioco Digitale, and henceforth all the power that comes with it, is also likely to have given it more clout within the gaming industry world stage. Bwin is currently embroiled in a legal wrangling with the Portugal courts, over the fact that it cannot extend into the country because of strict laws on who can control gambling. However, once Bwin proves itself as a serious organisation that has the power to bring in great amounts of positive revenue for the country it has expanded into, other countries in Europe are much more likely to want it to share some of its worth with them. Bwin also has plans to extend Gioco Digitale, although these plans are hardly likely to have been finalised yet, and this is likely to see it be able to further establish itself as a major worldwide brand.
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Jamie Gold and Joe Hachem
Posted on 06. Jun, 2009 by admin.
Poker is a card game in which a player bets his money believing that his cards are higher than his opponents’ are. Poker is usually the leisure activity of business people in the western countries. Two of the most successful poker players in the world today are Jamie Gold and Joe Hachem.
Born in New Jersey, Jamie Gold was declared Champion during the World Series of Poker in 2006 and brought home $12,000,000. But in his recent games in 2007, his rank shrank to 44th, 85th and 35th place. He was influenced by his mother and his grandfather to play poker. But before getting into the world of poker, he was a talent agent in US television. Few of the celebrities who were discovered by Gold were Felicity Hoffman, Jimmy Fallon, Lucy Liu, and Kirstin Davis. He decided to be a full time television producer and began to produce a poker show. From then on, he started playing poker and has had plenty of luck with it.
Joe Hachem is Lebanese, and is currently living in Melbourne, Australia. He won 1st place in the 2005 World Series of Poker, bringing home $7,500,000. The following year, he stepped down to 2nd place with $256,800 in hand. He first played poker when he was a teenager, and when he was 34 years old, he decided to try his luck in poker at the Crown Casino in Melbourne. It was also this year that he had a disorder of his hands, which forced him to stop his current job. Since then, he devoted his time as a mortgage broker and poker player.