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Tuesday, December 20, 2022

Media Man Blog News Updated: Organic Search Results

Media Man Blog News Updated: Organic Search Results




In Web search engines, organic search results are the query results which are calculated strictly algorithmically, and not affected by advertiser payments. They are distinguished from various kinds of sponsored results, whether they are explicit pay per click advertisements, shopping results, or other results where the search engine is paid either for showing the result, or for clicks on the result.


Background

The Google, Yahoo!, Bing, Petal and Sogou search engines insert advertising on their search results pages. In U.S. law, advertising must be distinguished from organic results. This is done with various differences in background, text, link colors, and/or placement on the page. However, a 2004 survey found that a majority of search engine users could not distinguish the two.


Because so few ordinary users (38% according to Pew Research Center) realized that many of the highest placed "results" on search engine results pages (SERPs) were ads, the search engine optimization industry began to distinguish between ads and natural results.[citation needed] The perspective among general users was that all results were, in fact, "results." So the qualifier "organic" was invented to distinguish non-ad search results from ads. It has been used since at least 2004.


Because the distinction is important (and because the word "organic" has many metaphorical uses) the term is now in widespread use within the search engine optimization and web marketing industry. As of July 2009, the term "organic search" is now commonly used outside the specialist web marketing industry, even used frequently by Google (throughout the Google Analytics site, for instance).


Google claims their users click (organic) search results more often than ads, essentially rebutting the research cited above. A 2012 Google study found that 81% of ad impressions and 66% of ad clicks happen when there is no associated organic search result on the first page. Research has shown that searchers may have a bias against ads, unless the ads are relevant to the searcher's need or intent.


The same report and others going back to 1997 by Pew show that users avoid clicking "results" they know to be ads.


According to a June 2013 study by Chitika, 9 out of 10 searchers don't go beyond Google's first page of organic search results, a claim often cited by the search engine optimization (SEO) industry to justify optimizing websites for organic search. Organic SEO describes the use of certain strategies or tools to elevate a website's content in the "free" search results.


Users can prevent ads in search results and list only organic results by using browser add-ons and plugins. Other browsers may have different tools developed for blocking ads.


Organic search engine optimization is the process of improving web sites' rank in organic search results.


References

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Sunday, December 11, 2022

Media Man Network Blog: Business News, Casino News, Casinos, Culture, more...

Media Man Network Blog Blog

Business News, Casino News, Property News

U.S. to appeal dismissal of Chinese agent lawsuit against casino tycoon Wynn



The U.S. Justice Department will appeal the dismissal of a lawsuit against casino magnate Steve Wynn, who it accused of acting as a Chinese agent.


Wynn defeated the lawsuit in October when a federal judge in Washington, D.C., said the casino tycoon could not be ordered to register with the Justice Department as a foreign agent of China.


".... the Attorney General of the United States of America hereby appeals to the United States Court of Appeals for the District of Columbia from the judgment of this Court entered on the 12th day of October, 2022, granting Defendant's Motion to Dismiss," the Justice Department said in a filing on Friday.


The Justice Department in May sued for a court order forcing Wynn, the former CEO of Wynn Casinos, to register under the Foreign Agents Registration Act (FARA).


Officials alleged that Wynn had lobbied then-U.S. President Donald Trump on China's behalf in 2017. Wynn's attorneys denied that he was ever an agent of the Chinese government.


U.S. District Judge James Boasberg said in October that, because any relationship between Wynn and the Chinese government ended in 2017, the Republican donor cannot be required to register as an agent. The judge pointed to past precedent in D.C. federal court in making the ruling.


The judge said he was not determining whether Wynn had lobbied on China's behalf. He also said the Justice Department could pursue criminal sanctions against Wynn for failing to disclose the alleged lobbying, if the statute of limitations had not expired.




Star’s Queensland casinos to stay open after $100m fine


The Star Entertainment Group’s Brisbane and Gold Coast casinos will stay open under the supervision of a special manager imposed by the Queensland government after it levied a $100 million fine against the company.


Queensland Attorney-General Shannon Fentiman said Star’s operations would be overseen by Nicholas Weeks, the same independent monitor imposed on its Sydney harbourside casino by the NSW gambling regulator.


But Ms Fentiman has put Star on 12 months’ notice to clean up its act or its casino permits for Brisbane and the Gold Coast will be suspended for 90 days.


“Should the Star make satisfactory progress towards rectifying these issues, the special manager and I may determine to postpone or rescind the suspension of licences,” Ms Fentiman said.


The record penalty, the maximum under new Queensland laws passed in August, and the imposition of a special manager follows a short inquiry led by Robert Gotterson, SC.


Mr Gotterson found the company had lured high rollers who were banned from casinos in other states to gamble at its Queensland casinos, and that there were “serious deficiencies” in the company’s anti-money laundering and counter-terrorism financing (AML/CTF) program.


The review, which was released in October, also found Star deliberately misled the gaming regulator to cover up China UnionPay transactions as hotel expenses when their primary use was gambling.


The Queensland move echoes the NSW and Victorian governments’ appointment of a special manager to oversee Star Sydney and Crown Melbourne. Star Sydney’s permit was suspended for 90 days last month.


The NSW Independent Casino Commission (NICC) chief commissioner, Philip Crawford, also slapped a maximum $100 million fine on Star for its widespread wrong-doing, revealed in the Bell review, bringing the total fines from state regulators to $200 million.


The company is also facing massive fines from the financial crime watchdog, which is suing Star for allegedly allowing 117 high-risk VIP patrons to churn billions of dollars of dirty cash through its Sydney, Brisbane and Gold Coast casinos for six years.


AUSTRAC’s statement of claim shows foreign agents, Ponzi scheme scammers, accused sex slave traders, a murderer for hire, loan sharks and drug traffickers were allowed to bet billions of dollars at Star for years, despite information of alleged nefarious activity being publicly available.


Star placed its shares in a trading halt on Friday morning before the announcement. Star shares were 0.4 per cent higher at $2.54 before they were suspended.


Consistency across jurisdictions

Ms Fentiman appointed former Sunsuper executive Terri Hamilton to assist Mr Weeks with the oversight of Star’s Queensland operations.


“Having a special manager that monitors the operations of The Star in both states will ensure they will be looked at as one operating entity and provide consistency across jurisdictions,” she said.


“It’s also important that we have a person on the ground here in Queensland, which is why Ms Terri Hamilton will be the Queensland manager assisting, and will join Mr Weeks’ very skilled and capable team.”


Mr Crawford backed Queensland’s decision to appoint Mr Weeks because it “will further support our ongoing collaboration with our Queensland regulatory counterparts”.


“This will ensure The Star acts consistently and complies with their obligations – no matter which state they operate in.”


Ms Fentiman said this was an opportunity for Star to return to suitability, but “they have a long way to go”.


“If relevant entities do not take significant steps to improve their operations, we will not hesitate to take further action.”


Ms Fentiman said the government would send the bill to Star for the cost of the special manager’s work.


She gave the casino operator 12 months to pay the $100 million fine and said Star’s $3.6 billion Queen’s Wharf casino, hotel and apartment development in Brisbane’s CBD will be unaffected by the penalty.


Last week, the Australian Transaction Reports and Analysis Centre (AUSTRAC) filed its case against Star Sydney and Star Queensland in the Federal Court alleging that the casino group facilitated money laundering that amounted to “serious and systemic” breaches of federal law.


AUSTRAC said Star had breached the Anti-Money Laundering and Counter-Terrorism Financing Act “innumerable times” since 2016. Each breach attracts a maximum penalty of $22.2 million.


Rival Crown Resorts faced similar court action and had stashed away more than $600 million to pay for expected fines levied by the states and AUSTRAC, contributing to its $945 million full-year loss reported last week.




Casinos Around The World


Sydney, Australia

As one of the most-visited cities in Australia, Sydney has an allure that is hard to resist. Set on the coast of New South Wales, Australia’s largest city is home to some of the country’s most famous sights, such as the Sydney Opera House, Sydney Harbour Bridge and Bondi Beach. Although casinos don’t immediately come to mind, Sydney offers some of the county’s best casinos. The Star is the largest and most well-known, with over 100 table games and 1,400 slots spread over two floors. Also worth a visit is The Crown, newly opened and offering a members-only VIP casino experience.


London, UK

Dating all the way back to Roman times, London is a city with a rich historical and cultural background. The UK capital has numerous tourist hotspots, including Trafalgar Square, Buckingham Palace, and Big Ben, and well over 100 museums to explore. Equally as populous are London’s casinos. There are plenty to choose between, with The Hippodrome, The Palm Beach Casino and The Empire being some of the top picks. While planning your London trip online, you can also look up some of the best payout online slots UK before your trip.


Atlantic City, USA

Founded in 1854, Atlantic City made a name for itself in the USA as one of the East Coast’s premier holiday resorts. By the end of the 20th century, the city was best known for its casinos, beaches and Boardwalk. Resorts Casino provides history and entertainment, all rolled into one as Atlantic City’s first and oldest casino. Tropicana Casino Resort and Bally’s Atlantic Casino are both also worth a visit if time allows. No visit to Atlantic City is complete without a seaside stroll along the Boardwalk, a climb to the top of Absecon Lighthouse or a game at one of the USA’s oldest casinos.


Reno, Nevada, USA

Now considered Las Vegas’s little sister, Reno, Nevada, was the Casino capital of the USA until the 1980s. Along with its relaxed gambling laws, for a long time, Reno also had more relaxed divorce laws than other US states, making it a popular place to visit for couples wanting a divorce. Visit the National Automobile Museum and the Reno Arch or get out into nature at the nearby Lake Tahoe. Today, the city is best known for being a technological centre, however, its casinos are also still popular, with Peppermill Resort Casino, Atlantis Casino Resort and Eldorado Resort Casino being just three of the many you could choose to visit.


San José, Costa Rica

San José is Costa Rica’s seat of national government and the country’s most important city due to its status as the most visited city in Central America. As a historical and culturally significant city, San José is home to many museums, including the National Museum of Costa Rica, and the Museum of Pre-Columbian Gold. Casinos in Latin America are a little harder to find, with Barceló San José Palacio Spa & Casino or Hotel and Casino Taormina being two of the most popular. They offer a quieter, more informal feel but are still worth a visit.


Nassau, Bahamas

Made up of an archipelago of nearly 700 coral islands, the Bahamas has much to offer its visitors. A top-rated holiday destination due to its proximity to Florida, there are plenty of award-winning beaches to relax upon, watersports to enjoy and even some world-famous swimming pigs! One of the most iconic sights of Nassau, Bahamas capital, is the Royal Towers at Atlantis Resort, a luxury hotel, waterpark and casino. If casinos are what you’re after, you are spoilt for choice as there is also the Baha Mar Casino and Island Luck Casino in the city.



NSW casino regulator won’t recognize The Star Sydney’s self-appointed independent monitor - November 2022



The NSW Independent Casino Commission – the recently formed regulatory body tasked with overseeing The Star Sydney and Crown Sydney – has informed Star Entertainment Group that it does not endorse the appointment of the company’s own independent monitor and will not recognize the monitor’s actions.


According to information filed by Star, operator of The Star Sydney, this week, the company was informed of the NICC’s view by the Special Manager specifically appointed by the NICC to oversee The Star Sydney’s operations.


Star was recently found unsuitable to retain its casino license for The Star Sydney following a review into its operations.


However, it continues to be involved in the day-to-day running of the casino under the supervision of the Special Manager, Nicholas Weeks of Wexted Advisors, following his appointment by the NICC in mid-October. As reported by IAG, Weekes will oversee operations of The Star Sydney for an initial period of 90 days, with his initial task being to determine whether Star’s failings can be rectified and whether it can return to suitability.

Friday, December 09, 2022

Media Man Network: Wrestling Podcasts and a Flashback In Time

Media Man Network and a flashback in time...





Flashback

Pro Wrestling News...

The debut of Steve Austin’s Redneck Island on CMT (in the U.S) this past Saturday scored a 0.42 rating with 665,000 viewers. It was the highest rated show for the day. Austin wrote the following about the show last night:

“It’s a damn crying shame that Canada, Australia, England, and other great countries cannot get CMT Redneck Island. A damn shame. Spreading Redneck Island around the globe is my newest task. Yes…To provide quality entertainment and content across the globe. #CMT #BSR”

- Despite what WWE says in the lawsuit from TNA, most people within WWE believe that "The Nature Boy" Ric Flair will return to the company as soon as he is legally able to and that WWE officials would love to have him back at the 1,000th RAW in July.


Wrestling companies square off in Nashville, USA court...

NASHVILLE, Tenn. (AP) — Lawyers for World Wrestling Entertainment have told a Nashville judge the company has not and will not use confidential information from rival Total Nonstop Action Wrestling.

The pledge came during a hearing last week over a lawsuit TNA filed last month against pro wrestling giant - WWE, claiming WWE had obtained secret contract details in an attempt to poach TNA's wrestlers.

Attorneys for WWE told Chancellor Ellen Hobbs Lyle that the company has not contacted any of TNA's contracted personnel. The attorneys also said WWE has returned the only copies of the confidential information to TNA.

Lyle dissolved a May 24 temporary restraining order against WWE that had prohibited it from using the information to solicit TNA wrestlers, but she made no ruling on the merits of the case. Another hearing will be July 12.

TNA, based in Nashville, claimed in the suit that WWE apparently had already tried to hire away veteran wrestler Ric Flair. According to the court record, WWE lawyers said the company "has no intention of doing so."

TNA alleged that one of its former employees, Brian Wittenstein, went to work for WWE and provided his new employer with contract details. WWE said he was fired when he gave them the information.

A TNA suit against Wittenstein is still pending.

Jerry McDevitt, an attorney for Connecticut-based WWE, said Tuesday the company will file clarifying details with the court. He said the latest order "speaks for itself."

Dixie Carter, president of TNA, said in a statement Tuesday that the company "will vigorously protect TNA and its brand from damage at the hands of any and all sources, no matter who is involved." TNA was founded by wrestler Jeff Jarrett.


WWE Legal Letter To TNA Legal Counsel...

WWE Attorney Jerry McDevitt recently sent a letter to TNA legal counsel Erika Blonquist. The letter was filed with the court last week and can be read below:

First, and as I advised you orally on the phone during our recent conference call, WWE has not solicited Ric Flair to leave TNA and enter into a contract with WWE. WWE has made no offer to Flair and has no intention of doing so.

Second, as I also advised you, WWE has not solicited any other current TNA talent to repudiate their contracts and enter into a contract with WWE. WWE has no interest in current TNA talent.


The Ultimate Fighter: Australia vs. UK To Air On FX...

TUF: Australia vs. UK broadcasts on FX in Australia this fall

"The Ultimate Fighter: Australia vs. U.K." will air on FX in Australia in the fall as the latest installment of the reality series from the Ultimate Fighting Championship.

UFC officials announced the news yesterday.

Tryouts for the upcoming season of "TUF" are currently underway, featuring fighters from both Australia and England. The coaches for the season have not yet been named, though an official announcement is expected soon.

"We're excited to be part of the FX family in Australia," UFC managing director for international development Marshall Zelaznik stated. "When the first series of 'The Ulimate Fighter' debuted in the United States seven years ago, it brought in millions of new fans who tuned in each and every week to watch their favorite fighters. I have no doubt that 'The Smashes' will do the same in Australia."

"The Smashes" is the title given to this season, referencing a cricket rivalry ("The Ashes") between the two countries.

While the season will air in Australia, no plans have been announced for those hoping to view in the U.S. Fans could watch "The Ultimate Fighter: Brazil" online earlier this year as it was taping in Brazil, but the season did not broadcast on national television until FUEL TV began airing episodes just recently.

Are you ready? Are you ready? Let's get it on!


KA By Cirque du Soleil And Marvel Entertainment Bring Epic Story From Stage To Page With All-New Comic Book; KA #1 Released to Fans at Comic-Con International in San Diego 2012...

LAS VEGAS, June 13, 2012 - KA by Cirque du Soleil, the spectacular production at MGM Grand Las Vegas, and Marvel Custom Solutions team up to tell the story of this acclaimed live production through an all-new, collectible comic book. KA #1 will debut at the Marvel booth (#2329) during Comic Con International in San Diego, July 12 – 15, 2012.

"To see our live KA performances transform from the theatre to ink on pages in a comic book is an incredible opportunity for our entire team," said Marie-Helene Gagnon, Artistic Director of KA. "By aligning ourselves with the premier brand of comic book creators, we have produced an illustration of KA that depicts the story very vividly and stays true to the plot. Marvel and its team of creators have been great to collaborate with and have embraced the story of KA and the expectations of Cirque du Soleil."

"Marvel's proud to bring the exciting, out of this world action and adventure of KA to life in this all new comic book," said Axel Alonso, Editor in Chief, Marvel Worldwide, Inc. "This is a great comic for fans of all ages, whether they're long-time fans of Marvel, KA or new to both exciting brands of storytelling."

KA fans attending Comic Con International can take home the heroic journey of Imperial Twins separated by war who encounter adventure and peril at every turn on their quest to reunite their kingdom.

"What's more jaw-dropping, the majesty of the Imperial Court...the dynamic dance of their martial arts display...the overwhelming might of the invading archer army...the desperate fight for survival in the storm-tossed seas...or the tantalizing glimpses at the future threats that await the Twins?" said Marvel Editor Bill Rosemann. "Readers can decide for themselves when they feast their eyes on the all-out spectacle that writer Bryan J.L. Glass, artist Wellinton Alves and cover artist Michael Del Mundo have crafted in this world premiere debut issue."

KA #1 will be distributed at Comic Con International in San Diego at the Marvel booth in July. A limited amount of books also will be available at comic book stores in select markets. In addition to the print copy of the comic book, fans will be able to access the KA customized comic book by utilizing Marvel's cutting-edge digital comics reader.

Fans can get an inside look at the making of the comic book by visiting www.kacomicbook.com. Featuring sneak peeks and behind-the-scenes information, including line art, storyboards and more, this site will serve as a hub for details on the collaboration. Fans will be able to receive information on how to get their own copy of the comic book. On Twitter, fans can tweet about the collaboration to @Cirque and @Marvel using the #KAComicBook hashtag.

About KA:

KA by Cirque du Soleil is a heroic journey of love and conflict set within ever-changing theatrical landscapes that conjure an entire empire on stage. Presented exclusively at MGM Grand Las Vegas, KA unfolds on a colossal, 360-degree rotating stage which forms the backdrop for this cinematic journey of aerial adventure and perpendicular acrobatics. For more information visit www.ka.com. Like us on Facebook: www.facebook.com/KA and Tweet us: @Cirque #KA.

About Marvel Entertainment:

Marvel Entertainment, LLC, a wholly-owned subsidiary of The Walt Disney Company, is one of the world's most prominent character-based entertainment companies, built on a proven library of over 8,000 characters featured in a variety of media over seventy years. Marvel utilizes its character franchises in entertainment, licensing and publishing.

To find a comic shop near you, visit www.comicshoplocator.com or call 1-888-comicbook. SOURCE Cirque du Soleil


Macquarie takes a stake in Echo...

Investment firm Macquarie Group has bought a five per cent stake in casinos operator Echo Entertainment Group.

Echo said in a statement to the Australian Securities Exchange on Wednesday that Macquarie had become a substantial shareholder in Echo on June 7, having acquired about 35.1 million shares, or about 5.1 per cent of Echo.

Echo announced on Tuesday that it proposed to undertake a capital raising - the amount of which was undisclosed - and its shares are currently in a trading halt.

The company last week lost its chairman John Story after Crown's James Packer launched a public campaign against him.

Crown is Echo's largest shareholder, with a 10 per cent stake.

Echo owns The Star casino in Sydney, the Jupiters casinos on the Gold Coast and in Townsville, and Treasury casino in Brisbane.

Shares in Echo last traded at $4.49 before going into a halt.


Crown Undecided on Support for Echo Capital Raising...

Crown Ltd. (CWN), the casino operator controlled by billionaire James Packer, hasn’t decided whether it will buy new stock in a planned capital raising by Echo Entertainment Group Ltd. (EGP)

Echo, based in Brisbane, will seek to raise between A$400 million ($399 million) and A$500 million in a rights offering being managed by UBS AG and Macquarie Group Ltd., according to a person with knowledge of the matter. The details may be announced as early as tomorrow, the person said, asking not to be identified as the information is private.

Crown, which owns 10 percent of Echo, will wait for details of the share sale, Chief Financial Officer Ken Barton said by telephone from Melbourne today.

Packer agreed to cease a campaign against Echo after Chairman John Story stepped down June 8, Acting Chairman John O’Neill said yesterday. Crown is seeking regulatory approval to increase its holding in the operator of the only casino in Sydney above the current 10 percent limit as Genting Singapore Plc (GENS) built a stake of 4.9 percent.

“We’ll wait to see what they’re proposing,” Barton said.

Trading in Echo shares was halted yesterday, ahead of the capital raising. Spokeswomen for UBS and Macquarie in Sydney declined to comment.

Brad Schmitt, a Sydney-based spokesman for Echo, declined to comment on the fundraising plan in an e-mailed statement. The Australian Financial Review reported that Echo is planning to raise A$400 million earlier today, without saying where it got the information.

Genting’s stake may make it harder for Crown to take control of Echo and increases the chances of a bidding war, according to Gary Pinge, Macquarie Group Ltd.’s regional head of gaming and consumer research. Though a joint bid by the two companies is possible, Crown won’t want to see Genting “entering its backyard,” he said.

Story resigned after Crown, which owns casinos in Melbourne and Perth, called a meeting to vote on his removal and ran advertisements in local newspapers criticizing the company’s “underperformance” under his leadership. Packer has now withdrawn his request for a shareholder meeting.

Echo owns the Star in Sydney as well as three casinos in the state of Queensland.


Hot Body of 2012...

ELLE MACPHERSON


Admit it: 48 never looked this good! The Aussie model, known around the world as "The Body," ignited bikini envy from a whole new generation of beachgoers when she flaunted her fit form in the pages of PEOPLE. "I do get jitters," says Macpherson of donning a two-piece 20-plus years after gracing four Sports Illustrated covers. "I was comfortable [at the shoot]. But I had to get my self-conscious 'maybe I don't look my best' head out of the way and go with, 'Let's celebrate where I'm at.'"


James Bond turns 50...

James Bond turns 50 this year but you'd never know it by looking at him. Despite hundreds of skirmishes with the world's scariest villains, not to mention a diet heavy on shaken-not-stirred martinis, the man in the Aston Martin still cuts a dashing figure.

In October, it will have been five decades since 007 -- in the form of Sean Connery -- first sauntered onto movie screens in "Dr. No." And he's still going strong. The Bond movies are not only the longest continuously running series in cinema history but also the most successful, with more than $5 billion in box-office receipts. Take that, George Lucas.

Daniel Craig, the sixth actor to play the world-saving spy, will step into Bond's shoes once again on Oct. 26 with "Skyfall," the 23rd film in the series. Also this October, MGM will celebrate 007's birthday with a 22-disc Blu-ray set that finally makes all of the movies available in high definition.

The movies, which will be presented in 35 mm prints, include "Goldfinger" (June 17), "GoldenEye" (June 26), "The Spy Who Loved Me" (July 2), "Dr. No" (July 10), "On Her Majesty's Secret Service" (July 16), "Live and Let Die" (July 24) and "From Russia With Love" (July 30).

The Bond film franchise began in 1962 with "Dr. No." It was not only a worldwide smash but also turned out to be a big influence on popular culture. Think "The Man From U.N.C.L.E," "Our Man Flint," "Get Smart" and "Mission: Impossible."

So where did the idea come from? Ian Fleming, of course. A former journalist and British Naval intelligence officer, he conceived of the book series in 1952 while vacationing in Jamaica in a holiday home he called Goldeneye.

James Bond made his first appearance in "Casino Royale," which was published in 1953. Thirteen more Bond books by Fleming followed.

Since the release of "Dr. No," we have never gone more than five or six years without a new Bond flick. Connery played him five times 1962-1967 and then again in 1971 and 1983. In between, there was a one-off appearance by George Lazenby. In 1973, Roger Moore took over for seven outings.

Next came Timothy Dalton for two films beginning in 1987. Pierce Brosnan got the job in 1995 for four features. The latest Bond is Craig, who has played him in series re-boot "Casino Royale," "Quantum of Solace" and the upcoming "Skyfall."

Did we mention that Bond also enjoys a good game of poker and baccarat and often the stakes have been life or death. Would you like to play with Bond? That's what we thought.

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Monday, December 05, 2022

Media Man Network Blog: Diamond Sports Removes Sinclair as Operator of Regional Sports Networks

Media Man Network Blog

Diamond Sports Removes Sinclair as Operator of Regional Sports Networks






Just days after taking a $1 billion impairment loss on its troubled Bally Sports unit, the board of Diamond Sports Group has voted to block parent company Sinclair Broadcasting from having any further input into the day-to-day operations of the regional sports networks.

Monday, November 28, 2022

Media Man Network: A supply network is a pattern of temporal and spatial processes carried out at facility nodes and over distribution links, which adds value for customers through the manufacturing and delivery of products.

A supply network is a pattern of temporal and spatial processes carried out at facility nodes and over distribution links, which adds value for customers through the manufacturing and delivery of products.


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Tuesday, November 22, 2022

Network Blog: News (Gaming/Gambling): United States Igaming Revenue Report

News (Gaming/Gambling): United States Igaming Revenue Report

Total igaming revenue for October 2021 in New Jersey, Michigan, Pennsylvania, Connecticut, West Virginia, and Delaware added up to $445.2 million, an increase of just under 22% over October 2021…internet-gaming win reported in New Jersey was $147.2 million, reflecting growth of 15.9%...Michigan won a record $141 million from online gamblers…Revenue from igaming in Pennsylvania was $124.5 million, an increase of 17.4% over October 2021…Igaming operators set a revenue record in October at $21.9 million… West Virginia igaming revenue for October came in at $9.4 million, a 32% jump…Delaware’s internet casinos won $1.2 million from gamblers in October 2022, a 22.5% increase.

Blog: News, Marketing, Media, Pop Culture, Business and more via Media Man; Highlights Media and Marketing sections of SMH, The Age, AFR

News, Marketing, Media, Pop Culture, Business and more via Media Man; Highlights Media and Marketing sections of SMH, The Age, AFR



Thursday, November 03, 2022

Network Blog: Murdoch's News Corp-Fox reunion gambit comes as sports betting valuations tank

Murdoch's News Corp-Fox reunion gambit comes as sports betting valuations tank


Nov 2 - Rupert Murdoch’s proposal to recombine News Corp (NWSA.O) and Fox Corp (FOXA.O) and capitalize on sports betting has yet to convince Wall Street as the valuations in the once red-hot gambling market crumble, according to former employees, financial analysts and sports media experts.


While some former employees see the move as driven by the 91-year-old Murdoch's succession planning to consolidate power behind his son Lachlan Murdoch, CEO of Fox Corp, people familiar with the Murdochs' thinking say they are serious about the sports betting opportunity.


"The proposal is 100% based on business rationale," a spokesman for Rupert Murdoch told Reuters. "Any commentary that implies it has to do with succession planning is absurd and comes from sources with no knowledge of the strategy."


There are other factors motivating the merger including a bid to achieve greater scale in news, live sports and information, sources said. Lachlan Murdoch did not discuss the potential deal on Tuesday's earnings call, but talked up the value of scale, "particularly (in) the next couple of years, when opportunities in the marketplace will emerge."


As recently as August, Lachlan Murdoch described sports betting as "a huge opportunity" for Fox Sports, telling Wall Street it would fuel viewer engagement. Combining live game broadcasts with News Corp's sports coverage would create a more compelling sports package, and strengthen the company's hand when it comes to sports betting, according to people familiar with the deal's logic.


But Wall Street's enthusiasm for sports betting has cooled since early 2021, as investors prioritize profitability over spending aggressively to acquire new customers. Thirty-six U.S. states and the District of Columbia have legalized sports betting, though the pace has slowed.


"The thing about the sports betting opportunity is it started off like a house on fire, with all the states approving it," said Huber Research Inc analyst Douglas Arthur. "But I'm not hearing as much excitement about it right now as I did nine months ago. If that's the rationale (for the merger), it's a pretty weak one.”


Since the start of 2022, the stock prices of 11 major publicly traded sports betting companies, including DraftKings Inc (DKNG.O) and Barstool Sportsbook's Penn Entertainment Inc (PENN.O), have tumbled by an average of 35%, according to Refinitiv data.


That does not necessarily mean the pace of legalized sports betting is slowing. Total wagers are expected to reach $390 billion globally this year, according to researcher H2 Gambling Capital. Kantar Sports analyst Ryan McConnell said the market is flooded with new entrants and consolidation appears likely.


Casualties are starting to build up. Streaming service FuboTV shuttered its sports betting service in October, and Churchill Downs announced in February that it would abandon online sports.


"It's a highly competitive market," said gaming industry analyst Steve Ruddock. "It's difficult for companies that aren't fully invested in that as their primary business to compete."


SLOW START

Since selling their movie assets to the Walt Disney Co (DIS.N) in 2019, the Murdochs laid a new course for a slimmed-down Fox, based on sports betting. The company soon paid $236 million for a 5% stake in Toronto online bookmaker the Stars Group which helped launch Fox Bet and owns the app.


Combining Fox with News Corp could bring a larger audience to sports betting, potentially increasing the financial rewards for attracting new gamblers and gaining more lucrative sponsorships from sportsbooks eager to promote their apps, said one media executive.


The Murdochs' early foray has been slow-going. The sports betting app Fox Bet is available in four states, with just 0.2% share of the U.S. market, according to researcher Vixio. A free version called Fox Bet Super 6 has attracted some 6 million users whom Fox hopes to eventually convert to gamblers.


The growth of Fox Bet has stagnated since market-leading FanDuel's owner, Flutter Entertainment Plc (FLTRF.L), acquired Stars Group in 2020. The companies have been locked in a dispute over the price Fox would pay to exercise its option to buy 18.6% of FanDuel. The matter is the subject of an arbitration case and Lachlan Murdoch told investors a decision is expected imminently.


News Corp has previously stumbled in sports betting. Last month, News' first direct investment in Australian bookmaking, Betr, went live ahead of the country's most-watched horse race, the Melbourne Cup. Within two days, an ad that ran in News Corp's tabloid newspapers triggered a regulator inquiry into whether the ads breached laws prohibiting inducement to gamble. Betr says it is cooperating with the regulator.


Matt Davey, chairman of Las Vegas sports betting investment firm Tekkorp Digital Acquisition Corp , which co-invested with News Corp in Betr, said News had seized on its media reach in Australia, where it sells more than half of all newspapers and runs sports-heavy cable TV channel Foxtel, to create a "pretty powerful combination" of media and betting.


At least one investor is waiting to be convinced that approach will work in the United States.


"Fox has got a far-reaching audience so it does make sense, if you're going to launch (sports betting) into the U.S., that you have that Fox network, distribution and partnership," said John Ayoub, a portfolio manager at Sydney-based Wilson Asset Management, which owns News Corp's Australian-listed shares. "But we'll probably need a little bit more detail."

Friday, October 14, 2022