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Thursday, March 23, 2023

Media Man Network Blog: Networking For Business and Networking For Life

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Tuesday, March 21, 2023

Monday, March 20, 2023

Blog: Casino, Pop Culture and Gaming Connection: A flashback in time

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Casino, Pop Culture and Gaming Connection

Flashback






Star investigator dismisses 'Sniffing Sid' rumours...

An investigator at Sydney's Star casino has told an inquiry he does not believe his former boss Sid Vaikunta was using drugs while in charge of the business.

Kevin Houlahan, the casino's investigations manager, is giving evidence this morning at a public hearing by the Independent Liquor and Gaming Authority.

Gail Furness SC is presiding over the inquiry to examine the sacking of Mr Vaikunta, as well as claims of sexual harassment and a culture of bullying at the Star.

The inquiry heard yesterday from former staff member Elizabeth Ward, who believed Mr Vaikunta used drugs.

Ms Ward said that the casino's general manager came to be known to staff by the nickname "Sniffing Sid".

Mr Houlahan has told the hearing he had heard of the nickname and rumours that Mr Vaikunta used cocaine.

But the former policeman said Mr Vaikunta never showed any signs of being a drug user in his dealings with him.

"Mr Vaikunta made it very clear to me that he was against drug use, that he had been subjected to drug testing whilst he worked previously in the United States and that he was more than happy to introduce drug testing within the workplace here," Mr Houlahan told the inquiry.

Star spokesman Brad Schmidt yesterday condemned the claims of Mr Vaikunta's drug use.

The inquiry heard yesterday that a five centimetre line of fine white powder was found in a bathroom in a high roller section of the casino.

Ms Ward said she believed the powder was cocaine, but that it was switched for cement dust before it was tested.

Security questioned

Mr Houlahan has told the inquiry he was on annual leave when the powder was discovered in December.

He said when he returned to work and was updated on the matter he felt that several steps had been missed.

Mr Houlahan said the powder should have been photographed in situ, and it should have been appropriately bagged.

The inquiry into the casino also heard details of an anonymous report suggesting staff wiped evidence of Mr Vaidunka being drunk on the premises.

Mr Houlahan said he had no reason to believe security staff had deleted video footage showing Mr Vaikunta being removed from the building.

He says he questioned two security workers and he believes their responses.

"I interviewed two other staff members within the surveillance department to which I expressed the concerns about how or why the system works, can footage be deleted, have they ever been requested to delete footage, to which they both returned that no they'd never been asked and there is no way that you can delete footage," he said.

Counsel assisting the inquiry Michael Wigney put an allegation to Mr Houlahan, that he had once told a high roller, "You need to stay off the drugs".

But Mr Houlahan flatly dismissed the suggestion.

"I deny that conversation ever took place," he said.

The casino's chief executive, Larry Mullin, also faced questioning today.

Mr Mullin worked with Mr Vaikunta in the United States before they came to work at the Star.

Mr Wigney asked Mr Mullin about claims he and Mr Vaikunta were once at a bar in the casino where a female colleague was drinking.

Mr Vaikunta allegedly told bar staff to keep serving the woman shots, despite the fact she was drunk.

Mr Mullin told the inquiry he had no memory of the alleged incident.

Mr Wigney also asked if the casino put its business interests ahead of rules, but Mr Mullin said that was not the case.

"(We) keep them happy within the framework of what's legal," he said.

Mr Mullin said the media has misrepresented the casino.


Asian operators give Vegas casino titans run for their money...

MACAU/LAS VEGAS - Billionaire Sheldon Adelson, who became one of the world's richest men by creating a casino empire in Las Vegas and Macau, is doubling down on his bets in Asia, the hottest gambling market on the planet where his Singapore operation made $1 billion the first year it was opened.

The 78-year chairman of Las Vegas Sands, the world's biggest gambling company by market capitalisation, looked supremely confident when he opened his new $4.4 billion casino last week in the former Portuguese colony of Macau, the world's largest gambling destination where bettors spent $33.5 billion last year compared to Las Vegas, which took in $6 billion.

Speaking at the opening of his Sands Cotai Central on April 11, Adelson outlined plans to spend billions more developing casinos in Vietnam, Korea and Japan, in addition to the $35 billion he plans to spend on a Spanish casino-resort complex.

Rivals Wynn Resorts and MGM Resorts are also staking their own claims throughout Asia for growth.

It's not all an American story however. Asian players like Malaysia's Genting, Hong Kong-listed Galaxy Entertainment and Melco Crown, are aggressively raising the ante as they expand on their home turf.

Rise of the Asian titan

The race to conquer the Asian casino world is already heating up in the Philippines where Asian brokerage CLSA forecasts gambling revenue to grow from US$1.3 billion in 2011 to US$3 billion in 2015 once three new resorts are completed.

Genting, controlled by Malaysian businessman Lim Kok Thay, controls and is developing casinos in the Philippines through its Genting Hong Kong unit, while parent Genting Group is developing a casino in Vietnam with local asset management group VinaCapital, according to Vietnamese media.

Galaxy and Melco, which both sit on prime real estate on Macau's coveted casino strip, are also interested in investing in the Philippines, Cristino Naguiat, chairman of the state-owned Philippine Amusement & Gaming Corp, told Reuters in February.

The firms currently developing or operating casinos in the Philippines include Belle Corp, Bloomberry Resorts, Universal Entertainment and Travellers, a joint venture between Genting and Alliance Global.

"Countries like Singapore have provided a very good template for emerging jurisdictions looking to liberalize gaming entertainment," said Steven Tight, president of international development for U.S. giant Caesars Entertainment, which owns Caesars Palace in Las Vegas.

Caesars does not operate a casino in Macau, but is itself expanding in Asia and is building a luxury resort in China's southern tourist destination, Hainan, where gambling is illegal.

Genting Singapore, armed with a hefty cash reserve of some S$3.9 billion ($3.1 billion) as of March 2012, has in the past two months raised around S$2.3 billion in debt, suggesting it is likely to push ahead with expansion plans and global acquisitions in the near term, analysts said.

Loss of face

The Asian expansion by U.S. operators has not been without controversy. Government officials in several potential Asian gambling jurisdictions considering which operators will be awarded a license are growing weary of the negative headline risk that Las Vegas operators bring with them, executives said.

Sands and Wynn are both embroiled in legal battles in the United States and Macau. Sands is fighting lawsuits filed against it by its former Macau chief executive and a former Taiwanese business partner while Wynn is being investigated for a HK$1 billion ($130 million) donation to the University of Macau.

Alleged bribes for Philippine regulators became the centerpiece of litigation in the United States between Wynn and its largest shareholder, Kazuo Okada. The case is now before a federal court in Nevada.

Okada, one of Japan's richest men whose Universal Entertainment manufactures pachinko machines, is building a casino resort in the Philippines and is reported to be investing in South Korea.

"Since entering Macau, all three Las Vegas-based operators have had international headlines that have caused humiliation and 'loss of face' for their Chinese partners and government officials," said Matthew Ossolinski, chairman of Ossolinski Holdings, a global emerging markets fund that invests in casinos and other gambling-related companies. "Some government officials in Asia are now wondering: is it worth it?"

Leaving Las Vegas?

Meanwhile, U.S. operators committed to a future in Asia could make a bold move to leave Las Vegas by delisting and selling their U.S. properties, which could free them from various U.S. legal constraints.

"It would be creating a sort of international hybrid gaming company: an established, world-class operator without the American legal baggage," said fund manager Ossolinski, who predicts the next five years will determine who dominates Asian gambling for the next 20 years.

U.S. operators are also on guard against Asian companies muscling in on their territory in the United States. Genting has been buying waterfront real estate in downtown Miami over the past year, including buying the Miami Herald building, in the hopes the state will legalise gambling.

As Asian firms look to dominate in Asia by relying on their local networks and knowledge, they are also tapping the intellectual resources of Las Vegas by hiring Las Vegas-based lawyers, architects, live entertainment producers and information technology companies.

"It won't be long before Asian firms start acquiring and developing properties in Las Vegas as a part of creating a global footprint," said Jonathan Galaviz, managing director and chief economist at Galaviz and Company LLC, an economic research and government strategies firm.

Spider-Man inspired by masked luchadors; Spider-Man movie has strong ties to pro wrestling

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Pop Culture, Pro Wrestling and News Media Connection




Spider-Man Inspired By Masked Luchadors...

In The Amazing Spider-Man, which hit theaters Tuesday, Peter Parker is inspired to create a mask after winding up inside a wrestling ring surrounded by posters of masked luchadors. It is not the first wrestling connection in the movie franchise as in the premiere film released in 2002, Peter enters a wrestling tournament and squares off against a character portrayed by the late Randy "Macho Man" Savage.


Spider-Man movie has strong ties to pro wrestling; "Macho Man" Randy Savage connection...

The Amazing Spider-Man was released during the Independence Day week and so far the flick has performed well, netting in $35 U.S million on its opening day.

While the record-setting Tuesday opening is awesome, it is something else which has pro wrestling fans excited about the latest reboot of the superhero franchise.

In the original film, starring Tobey Maguire, we witnessed Spider-Man enter a pro wrestling match in order to win a sum of cash which would allow him to purchase a used car he thought would impress Mary Jane.

Initially, Peter Parker wanted to be called The Human Spider, but Bruce Campbell put a stop to that nonsense and sent him down to the ring as Spider-Man.

As if seeing the man most famously known as Ash Williams wasn't enough, we were treated to a second cameo within seconds.

Spidey was facing off against Bonesaw McGraw, who was played by the late, great Randy "Macho Man" Savage.

It was here where Spidey first faced off against a foe who put him through hell.

This cameo by the legendary "Macho Man" was warmly welcomed by wrestling fans who had missed Savage. The new film, featuring Andrew Garfield as the webby one has gone back to its roots and given Peter Parker another wrestling-based inspiration.

At one point in the film Peter Parker is walking away from a group of hoodlums he had just schooled when he falls through a roof, landing in the middle of a wrestling ring.

When he stood up and looked around he saw what provided him with the inspiration for his signature mask.

The small arena was filled with signs featuring Lucha Libre masks, one of which catches Parker's eye more than the others.

The mask is red with dark-colored designs surrounding the eyes, nearly an exact copy of Spidey's look sans the webbing all over the face area.

Director Marc Webb made a lot of wrestling fans happy by inserting another inspiration for Spider-Man which is based in the world of pro wrestling.

Wrestling fans and comic book fans have a large cross over audience which these film makers have smartly plugged into - further casting their own web, to help increase net profits of course.

Comics and pro wrestling have a few elements in common. They both feature people dressed in fancy outfits, have signature attacks / finishing moves, and have a good VS evil theme for the most part.

Both Marc Webb and Sam Raimi chose to use wrestling as a launching pad for Peter Parker is also another point that wrestling fans are high on.

This latest part of the Hollywood - pro wrestling connection has gone over well and may even lead to the wrestling themes been further cast out in the Hollywood movie web and the movie industry wrestles attempting to get back some of the glory and money it used to make.


Flashback


WWE Keen To Work With UFC Fighter; Ties To C.M Punk And "Stone Cold" Steve Austin...

Various news media is reporting that WWE is interested in working with 35 year old UFC fighter "The American Gangster" Chael Sonnen. Sonnen lost to Anderson Silva at Saturday's UFC 148 pay-per-view but word is that WWE is ready to negotiate. No word yet if they want him to wrestle or play another kind of role.

Sonnen has ties to WWE as he is mates with WWE Champion CM Punk. Punk was ready to accompany Sonnen to the Octagon for a fight several months back but that was nixed.

Sonnen is also close to WWE Hall of Famer Steve Austin. Austin has been bringing Sonnen out to his Broken Skull Ranch in Texas to help him with strength and conditioning training.


UFC 148: Chael Sonnen's Coach Planned Appeal, Demands Rematch from UFC Top Brass Dana White...

Although middleweight contender Chael Sonnen seemed to accept his loss to Anderson Silva at UFC 148, we have learned that Sonnen's team is less forgiving of Silva's potentially illegal tactics. They think that a knee strike to a seated Sonnen, which hit the challenger in the chest, also connected solidly with Sonnen's face, making it an illegal strike.

"Chael's not the kind of guy who likes to complain after a fight," Sonnen's head trainer Scott McQuarry said. "I felt I needed to take this action to protect him. At the point of impact, Anderson had his hand locked in the cage and his feet left the ground. We believe his intentions were clear.

"We started the process of filing a complaint with the Nevada Athletic Commission. We believe the knee that Anderson Silva threw was illegal with the clear intent to strike the face. And it did in fact connect with the face. Chael bit his tongue and needed eight stitches."

McQuarry believes the potentially illegal knee changed the remainder of the fight, creating the opening for Silva to finish the bout with punches. After contacting Nevada Athletic Commission executive director Keith Kizer to determine how to proceed, he was informed that filing a complaint would almost certainly not result in the fight being declared a no contest.

Rather, McQuarry is taking his case to the fans and UFC president Dana White.

"What I'm going to do is change my tactic," McQuarry said. "We're going to ask for a rematch. We deserve a rematch. If the only way Anderson Silva can win is by cheating, we need to keep a closer eye on Silva before and during a fight. And we need a rematch now. Legal knee or illegal knee, there's enough doubt with all the fouls to warrant a rematch."

In addition to the knee strike, Silva was also caught rubbing Vaseline on his chest. Although referee Yves Lavigne caught this, McQuarry says that the substance sinks into the pores, making simply wiping it off ineffective. Additionally, Silva was warned twice for grabbing Sonnen's shorts during the fight.

"I think it did make a difference in the outcome," McQuarry said. "I know that Chael grabbed Silva's shorts briefly too in response, but not for 15 seconds and two punches."

While Sonnen and his team weigh their options, McQuarry hopes the people will make their voices heard.

"They need to call the UFC. We need a rematch. Chael is a great champion and deserves a fair fight."

In the meantime Sonnen is understood to be keen to further open up lines of communication with the WWE, and this will likely be facilitated by friends in the business including "Stone Cold" Steve Austin and C.M Punk.

Right not Sonnen is hot property and is doing well to keep his name in the press as excitement grows as to what next for this unique and tough as nails talent.


Flashback In Time

WWE Legend Bob Backlund May Return To WWE RAW Tonight...

Former two time WWF Champion Bob Backlund is heavily expected to be the returning “main event” legend during tonight’s WWE Raw SuperShow. The likelihood is he will be wrestling or at the very least will be involved in an angle with Heath Slater, as has been the segments in previous weeks involving Vader, "Rowdy" Roddy Piper, Psycho Sid and Doink The Clown and "Diamond" Dallas Page.

News media reports that Backlund was visiting his mother at her Minnesota rest home this past weekend and was telling people there that he was heading to fly right out to Denver, Colardo, which is the location for tonight’s WWE Raw SuperShow.

Backlund last appeared on WWE television back in 2007 at the RAW 15th anniversary show that December where he participated in a Battle Royal. That appearance came just a few short months after Backlund defeated Alex Shelley at TNA’s Slammiversary pay-per-view and also after wrestled at TNA Victory Road.

62-year-old Backlund holds the record for the second longest WWF title reign in history and was one of the biggest wrestling stars of the late 70′s and early 80′s. He had a second, less successful stint with the WWF in the early 90′s and even appeared in the Attitude Era at the 2000 Royal Rumble and briefly managed former Olympian Kurt Angle.

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Flashback

Paramount Pictures Seek Dismissal of John Singleton's Fraud Case


Paramount Pictures enjoyed a fantastic 2011, both in Australia, as well as in the United States and other markets.

However, now they seek to rid themselves of an unwelcome legal challenge.

Paramount is looking to dis a $20 million lawsuit brought by American film director John Singleton for allegedly reneging on a promise to back two films as part of a 2005 deal to acquire the breakout hit “Hustle and Flow.”

In response to Singleton’s lawsuit in October, the studio filed a demurrer in November 2011 that aims to demonstrate that even if the facts as laid out in the plaintiff’s complaint are true and correct, it won’t support the allegation that any fraud was committed, according to entertainment news giant The Hollywood Reporter.

“Hustle and Flow” was a hit at the 2005 Sundance Film Festival. Singleton claims that he passed on a higher advance offered by another studio to accept Paramount’s $9 million offer because the studio promised to “put” two additional features as long as their budgets didn’t exceed $3.5 million each and his producing fee wasn’t higher than 7.5 percent.

The director says that Paramount Pictures reneged on that deal by concocting new conditions on the “puts.” In his lawsuit, Singleton said he needed to make sure he was not taken advantage of and that his rights were protected.

In response, Paramount points to alleged flaws in the lawsuit prepared by Singleton’s attorney, Marty Singer:

“Plaintiffs’ fraud claim fails because it is not supported by a single fact — much less one with the required level of specificity for fraud claims — showing that Paramount or MTV harbored an intention not to perform the put provision at the time of the HAF Agreement’s formation.”

Paramount advised that Singleton can’t simply rely upon the alleged contractual non-performance to show the studio intended to deceive him, and as such, Paramount requests that a Los Angeles Superior Court judge dismiss the fraud claim.

Similarly, Paramount also wants to dismiss a rescission claim because it partly relies upon the same fraud theory and partly because its contract with Singleton’s company, Crunk Pictures, limits remedies for a breach of contract to monetary damages. (In the lawsuit, Singleton wants money from the exploitation of Hustle and Flow plus a reversion of rights in the picture.)

Paramount Pictures is also seeking to dismiss a claim for unjust enrichment because Paramount says there is no cause of action for this claim in California.

If a judge accepts these arguments, that would leave the dispute turning on a question of how to interpret the main contract between the parties.

From the media reports thus far and public comments about the dispute, it appears that Paramount is prepared to argue that Singleton never produced and delivered two pictures by a Jan. 22, 2010 deadline.

But Singleton suggests that development work on those films was already underway and that there wasn’t any express contractual obligations that the work be completed by that date. According to the original complaint:

“When plaintiffs attempted to exercise their right to ‘put’ the two pictures to Paramount, Paramount for the first time informed Plaintiffs that…the Put Pictures had to be fully completed films rather than films in production, and that the Put Pictures had to be scripted full-length theatrical or direct-to-video motion pictures.”

Absent the fraud claim, the lawsuit becomes a “What came first — the chicken or the egg” controversy. Did Singleton have to complete the two films to get Paramount’s distribution guarantee? Or did Paramount have to guarantee distribution to get Singleton to complete the two films?

Either way, the outcome is unlikely to have any real impact of Paramount Pictures success in Australia.


Paramount Pictures Enjoyed Banner 2011...

In the U.S they totally dominated the box office and knocked off the former global leader Warner Brothers. Paramount's studio has enjoyed more success distributing films via expiring partnerships with Marvel Entertainment / Marvel Studios and Stephen Spielberg's DreamWorks Animation than it has had creating its own in-house franchises.

Let's see... there was “Transformers: Dark of the Moon” and “Paranormal Activity 3,” and these contributed heavily to Paramount's bottom line.

In 2011, Paramount has fielded nine films that have crossed the $100 million barrier in U.S ticket sales, including 2010’s “True Grit,” which snatched the majority of its $250 million worldwide gross in this calendar year.

With $1.73 billion at the U.S box office thus far and two tentpoles in for the end of the year, "Mission: Impossible - Ghost Protocol" and Spielberg's "The Adventures of Tintin," Paramount ended Warner Brothers' three-year reign at the U.S box office.

And with $2.84 billion in international revenue and $4.6 billion in global receipts to date, Paramount Pictures ended Warner's international and worldwide leading streaks.

"Going into the summer, we certainly felt like we had a number of big tentpole movies, and on balance, they all delivered,” said Don Harris, Paramount's president of domestic (U.S) theatrical distribution. “They all opened at high numbers."

But get this. There's an imminent departure of partners Marvel and DreamWorks Animation, the team behind such recent winners as “Thor,” "Captain America: The First Avenger," “Kung Fu Panda 2” and "Puss in Boots."

Combined, those films comprised four of Paramount's top five grossing movies this year.

Paramount gets distribution fees from DreamWorks Animation and Marvel, but it doesn’t own the rights to the superhero and family films.

Paramount's deal to distribute Marvel films has ended, and its deal with DreamWorks Animation expires in 2012. Though Paramount received an 8 percent distribution fee for its efforts with the two studios, the departure of Marvel and DreamWorks Animation will take a big chunk out of the studio’s market share.

Emboldened by the average success of “Rango” ($245 million), Paramount recently launched its own animation division with an eye toward owning the family films it distributes outright. It expects to release its first film through via the new arm in 2014.

The DreamWorks deal was relatively low-risk and good money.

Paramount appears to believe hat after a number of years of serving as a distribution house for other companies, it has developed enough of its own intellectual property to move forward without the comic book based company and the animation studio.

It's hoping that Pixar whiz Brad Bird (“The Incredibles”) can reinvigorate its “Mission: Impossible” franchise after 2006’s disappointing third installment, and it already successfully rebooted the wilting “Star Trek” franchise. A sequel to its hit 2009 "Trek" film is due out in two years.

"Transformers” - "Dark of the Moon" grossed $1.1 billion worldwide and was more positively embraced than its predecessor.

Paramount Pictures has enjoyed a burst of lower budget successes, adding to their whale size film portfolio.

Created for a cost of a modest $13 million, the studio’s Justin Bieber concert film “Never Say Never,” took in nearly $100 million worldwide. Likewise, “Paranormal Activity 3” continued the ultra-low budget series’ knack for healthy profit margins. Produced for a tiny $5 million, the haunted house film clocked up $201.9 million worldwide.

Almost everything Paramount Pictures touched turned to gold. The big write-off would be "Hugo", with a budget of $170 million and grossing just $33 million globally. Let it be noted that Paramount only distributed the film and this means that the dip falls on the head of producer Graham King.

The remake of '80s dance film “Footloose” failed to bring in audiences. The $24 million film snatched a $62 million worldwide gross, which is well below par for Paramount.

What's in Paramount's future? Paramount appears unlikely to duplicate its record breaking success in 2012 at the box office. The studio expects big things for its zombie flick "World War Z" with Brad Pitt and “G.I. Joe: Retaliation,” but appears that's not comic book films in the works to excel this years numbers.

Take note that in the 2012 more of the films that Paramount Pictures releases are owned by them. This means that the studio will be able to keep more of the profits for themselves, but that appears to be a higher risk strategy than the one they employed this year.

Paramount will survive, no doubt, but it may be more of a stock market - roller-coaster type ride than the relatively smooth sailing they enjoyed over the past 12 months.

See you at the movies.


Pop Culture













Friday, March 17, 2023

Media Man Network Blog: News Summary - March 2023

Media Man Network Blog

Media Man News Summary - March 2023





Pop culture related news remains some of worlds most powerful says Media Man group founder


WWE In Talks for a Major Show In Perth, Western Australia


Silicon Valley Bank collapse: Mark Cuban says Fed should 'immediately' take this action


WWE Luchadors faction catch fans imagination


Australian banks drag ASX down after Wall Street plunge


'Succession' season 4 to hit Australian streaming via Binge 27th March 2023


Rupert Murdoch and his US news empire are at a crossroads (Bloomberg)


WWE Betting in US Regulated Markets Would Benefit the Offshores Too (Gambling 911)


Be your own network to help ride out the big tech and social media platform storm says Media Man

Media Man international and Australian portals covering news, pop culture, sports, business and mors

Advertising News coverage proving popular with industry insiders, advertising and creative agency types


Sunday, March 12, 2023

Media Man Network Blog: News Update - March 2023

Media Man Network Blog

Media Man News Summary - March 2023



Pop culture related news remains some of worlds most powerful says Media Man group founder


WWE In Talks for a Major Show In Perth, Western Australia


Silicon Valley Bank collapse: Mark Cuban says Fed should 'immediately' take this action


WWE Luchadors faction catch fans imagination; Karrion Kross reminds fans on his Mexican wrestling links


Australian banks drag ASX down after Wall Street plunge


'Succession' season 4 to hit Australian streaming via Binge 27th March 2023


Rupert Murdoch and his US news empire are at a crossroads (Bloomberg)


WWE Betting in US Regulated Markets Would Benefit the Offshores Too (Gambling 911)


Be your own network to help ride out the big tech and social media platform storys says Media Man