PartyCasino Offers 10 Packages To Landmark Oktoberfest
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6th August 2010 – This year marks the 200th Oktoberfest and what promises to be the biggest, best and most memorable edition of one of the world’s biggest parties ever! Palladium VIP’s on PartyCasino.com can secure their place there very simply: be one of the first 10 players to collect 10,000 PartyPoints by playing slots and jackpot slots between 16th and 31st August and they will win a package.
A PartyCasino.com spokesman said: “Once all 10 packages have been claimed the promotion is over, so it is first come first served! The Palladium VIP hospitality at Oktoberfest is already legendary and with the big beer party celebrating its 200th birthday this year promises to be even bigger. PartyCasino.com has the most frequent game launches and largest jackpots in the industry so customers are spoiled for choice for games through which to earn the points needed to secure the trip to Germany’s biggest party.”
The package is from 24th – 26th September and includes:
·Two night’s accommodation, with breakfast, at a five-star hotel in Munich for the winner and a guest.
·Dinner with an open bar followed by a poker tournament in the Davidoff Lounge at the Allianz Arena.
·Activity or Spa treatment.
·Two passes to the Oktoberfest on Saturday night.
·Entry to a VIP party at Pacha nightclub.
·Exclusive VIP hospitality provided by Palladium VIP’s expert events team, on hand and available to you throughout your trip.
Please note that customers have to opt-in to this promotion.
PartyPoker.com also has 35 Oktoberfest prize packages available through a promotion that is running now until the 29th August. See: PartyPoker.com
Palladium VIP’s had a memorable trip to the Oktoberfest last year. See: Palladium Lounge
PartyGaming is regulated and licensed by the Governments of Gibraltar, Italy and France and by the Alderney Gambling Control Commission. The Group is also certified as a responsible gaming operator by GamCare, the leading UK authority on the provision of advice, practical help, support and counselling in addressing the social impact of gambling. PartyGaming’s shares are also a constituent member of the FTSE4Good Index Series, which enables investors to identify companies that meet globally recognised corporate responsibility standards.
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Friday, August 6, 2010
PartyGaming News: Half year report for the six months ended 30 June 2010
PartyGaming News: Half year report for the six months ended 30 June 2010
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Total revenue up 30% to €181.2m (2009: €139.9m) driven by acquisitions and strong growth in casino and sports betting
Continuing Clean EBITDA* up 14% to €48.1m (2009: €42.3m)
Continuing Basic Clean EPS* of 6.0 € cents (2009: 6.7 € cents); Total Basic Clean EPS of 6.0 € cents (2009: 6.6 € cents)
Transformational Proposed Merger with bwin expected to complete in first quarter 2011
Solid progress in newly regulated markets (France and Italy); Denmark is on-track to open early in 2011
Net cashflow from Continuing operations up 65% to €55.3m (2009: €33.5m) with net cash at 30 June 2010 of €146.8m (2009: €166.7m)
* EBITDA/EPS before the provision for costs associated with the Group’s Non-Prosecution Agreement, reorganisation costs, and before non-cash charges relating to share-based payments (see reconciliation of Clean EBITDA to operating profit (loss) below).
# Operations located physically outside of the US but which relate to US customers that were no longer accepted following the enactment of the UIGEA.
Commenting on today’s results announcement, Jim Ryan, PartyGaming Chief Executive Officer, said:
“We delivered another robust financial performance in the first half and also made great progress in executing our strategy. While poker was impacted by the football World Cup and remained difficult from a competitive perspective, our other verticals continued to perform strongly. Total revenue was up 30% and Clean EBITDA from Continuing Operations was up 14% versus the prior year. As previously announced, Clean EBITDA margins in the first half were slightly lower than expected due to the delayed launch of cash game poker in Italy but we retain our previous full year guidance of approximately 28%, subject to the returns achieved on planned marketing spend in both France and Italy where we are continuing to expand the share of our respective poker networks.
‘‘Our proposed merger with bwin is a transformational opportunity for the Group and we expect that it will provide significant strategic, operational and financial benefits for the shareholders of both companies. Whilst there is much work to do ahead of completion in early 2011, we are excited about the prospects for what will then be the clear market leader in online gaming with strong positions in all key product verticals and territories.”
On current trading and outlook Jim Ryan added:
“Since 30 June 2010, the Group has continued to perform in-line with the Board’s expectations. Seizing a strong position in newly regulated markets is a key focus for us. Our strategy of combining a strong B2C franchise with significant local brands is already proving to be a powerful force as evidenced by our network’s position in French poker. As other markets follow Italy and France, we expect that a limited number of large networks and brands will emerge to become market leaders – we are determined that together PartyGaming/bwin will be one of them. This natural consolidation of the marketplace will accelerate through corporate mergers and acquisitions and as one of the largest players in the sector we remain committed to continue playing an active role. Whilst the macroeconomic and competitive environments remain challenging, we remain confident about the Group’s prospects for the rest of the year and beyond.”
Contacts:
PartyGaming Plc +44 (0) 207 337 0100
Peter Reynolds, Director of Corporate Affairs
John Shepherd, Director of Corporate Communications
Interview with Jim Ryan and Martin Weigold
An interview with Jim Ryan, Chief Executive Officer, and Martin Weigold, Group Finance Director, in video/audio and text will be available from 7.00am BST on 6 August 2010 on: http://www.partygaming.com and on http://www.cantos.com.
Analyst meeting, webcast, dial-in and conference call details: 6 August 2010
There will be an analyst meeting for invited UK-based analysts at Numis Securities, The London Stock Exchange Building, 10 Paternoster Square, London, EC4M 7LT starting at 9.30am BST. There will be a simultaneous webcast and dial-in broadcast of the meeting. To register for the live webcast, please pre-register for access by visiting the Group website (www.partygaming.com). Details for the dial-in facility are given below. A copy of the webcast and slide presentation given at the meeting will be available on the Group’s website later today.
Dial-in details to listen to the analyst presentation: 6 August 2010
9.20 am Please call +44 (0) 20 3003 2666
Title PartyGaming Interim Results
9.30 am Meeting starts
A recording of the meeting will be available for a period of seven days from 6 August 2010. To access the recording please dial the following replay telephone number:
Replay telephone number +44 (0) 208 196 1988
Replay passcode: 9050397#
About PartyGaming Plc
The Group is a constituent of the FTSE 250 share index with its shares listed on The London Stock Exchange under the ticker: PRTY. In the year ended 31 December 2009, PartyGaming’s Continuing operations generated revenue of €310.1m and Clean EBITDA of €93.8m.
PartyGaming is regulated and licensed by the Governments of Gibraltar, Italy and France and by the Alderney Gambling Control Commission. The Group is also certified as a responsible gaming operator by GamCare, the leading UK authority on the provision of advice, practical help, support and counselling in addressing the social impact of gambling. PartyGaming’s shares are also a constituent member of the FTSE4Good Index Series, which enables investors to identify companies that meet globally recognised corporate responsibility standards.
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Total revenue up 30% to €181.2m (2009: €139.9m) driven by acquisitions and strong growth in casino and sports betting
Continuing Clean EBITDA* up 14% to €48.1m (2009: €42.3m)
Continuing Basic Clean EPS* of 6.0 € cents (2009: 6.7 € cents); Total Basic Clean EPS of 6.0 € cents (2009: 6.6 € cents)
Transformational Proposed Merger with bwin expected to complete in first quarter 2011
Solid progress in newly regulated markets (France and Italy); Denmark is on-track to open early in 2011
Net cashflow from Continuing operations up 65% to €55.3m (2009: €33.5m) with net cash at 30 June 2010 of €146.8m (2009: €166.7m)
* EBITDA/EPS before the provision for costs associated with the Group’s Non-Prosecution Agreement, reorganisation costs, and before non-cash charges relating to share-based payments (see reconciliation of Clean EBITDA to operating profit (loss) below).
# Operations located physically outside of the US but which relate to US customers that were no longer accepted following the enactment of the UIGEA.
Commenting on today’s results announcement, Jim Ryan, PartyGaming Chief Executive Officer, said:
“We delivered another robust financial performance in the first half and also made great progress in executing our strategy. While poker was impacted by the football World Cup and remained difficult from a competitive perspective, our other verticals continued to perform strongly. Total revenue was up 30% and Clean EBITDA from Continuing Operations was up 14% versus the prior year. As previously announced, Clean EBITDA margins in the first half were slightly lower than expected due to the delayed launch of cash game poker in Italy but we retain our previous full year guidance of approximately 28%, subject to the returns achieved on planned marketing spend in both France and Italy where we are continuing to expand the share of our respective poker networks.
‘‘Our proposed merger with bwin is a transformational opportunity for the Group and we expect that it will provide significant strategic, operational and financial benefits for the shareholders of both companies. Whilst there is much work to do ahead of completion in early 2011, we are excited about the prospects for what will then be the clear market leader in online gaming with strong positions in all key product verticals and territories.”
On current trading and outlook Jim Ryan added:
“Since 30 June 2010, the Group has continued to perform in-line with the Board’s expectations. Seizing a strong position in newly regulated markets is a key focus for us. Our strategy of combining a strong B2C franchise with significant local brands is already proving to be a powerful force as evidenced by our network’s position in French poker. As other markets follow Italy and France, we expect that a limited number of large networks and brands will emerge to become market leaders – we are determined that together PartyGaming/bwin will be one of them. This natural consolidation of the marketplace will accelerate through corporate mergers and acquisitions and as one of the largest players in the sector we remain committed to continue playing an active role. Whilst the macroeconomic and competitive environments remain challenging, we remain confident about the Group’s prospects for the rest of the year and beyond.”
Contacts:
PartyGaming Plc +44 (0) 207 337 0100
Peter Reynolds, Director of Corporate Affairs
John Shepherd, Director of Corporate Communications
Interview with Jim Ryan and Martin Weigold
An interview with Jim Ryan, Chief Executive Officer, and Martin Weigold, Group Finance Director, in video/audio and text will be available from 7.00am BST on 6 August 2010 on: http://www.partygaming.com and on http://www.cantos.com.
Analyst meeting, webcast, dial-in and conference call details: 6 August 2010
There will be an analyst meeting for invited UK-based analysts at Numis Securities, The London Stock Exchange Building, 10 Paternoster Square, London, EC4M 7LT starting at 9.30am BST. There will be a simultaneous webcast and dial-in broadcast of the meeting. To register for the live webcast, please pre-register for access by visiting the Group website (www.partygaming.com). Details for the dial-in facility are given below. A copy of the webcast and slide presentation given at the meeting will be available on the Group’s website later today.
Dial-in details to listen to the analyst presentation: 6 August 2010
9.20 am Please call +44 (0) 20 3003 2666
Title PartyGaming Interim Results
9.30 am Meeting starts
A recording of the meeting will be available for a period of seven days from 6 August 2010. To access the recording please dial the following replay telephone number:
Replay telephone number +44 (0) 208 196 1988
Replay passcode: 9050397#
About PartyGaming Plc
The Group is a constituent of the FTSE 250 share index with its shares listed on The London Stock Exchange under the ticker: PRTY. In the year ended 31 December 2009, PartyGaming’s Continuing operations generated revenue of €310.1m and Clean EBITDA of €93.8m.
PartyGaming is regulated and licensed by the Governments of Gibraltar, Italy and France and by the Alderney Gambling Control Commission. The Group is also certified as a responsible gaming operator by GamCare, the leading UK authority on the provision of advice, practical help, support and counselling in addressing the social impact of gambling. PartyGaming’s shares are also a constituent member of the FTSE4Good Index Series, which enables investors to identify companies that meet globally recognised corporate responsibility standards.
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Wednesday, August 4, 2010
PartyGaming to Report 2010 Half Year Results Friday
PartyGaming is all the rage these days with anticipation that the U.S. market could ultimately open up and with the announcement of its merger with Austria’s Bwin to create the world’s largest online gambling enterprise.
On Friday August 6 at 9:20 am London time, the company will announce its results for the first 6 months of 2010.
The Group will host a meeting for invited UK-based analysts on the day of the results and there will be a simultaneous webcast and dial-in broadcast of the meeting.
To register for the live webcast, please pre-register for access by visiting the Group’s website www.partygaming.com. Details for the dial-in facility are given below. A copy of the webcast and slide presentation given at the meeting will be available on the Group’s website later on the day.
An interview with Jim Ryan, Chief Executive Officer, and Martin Weigold, Group Finance Director, in video/audio and text will also be available from 7.00am BST on Friday 6 August at: http://www.partygaming.com and at http://www.cantos.com
Dial-in details to listen to the analyst presentation: Friday 6 August 2010
9.20 am Please call +44 (0) 20 3003 2666
9.30 am Meeting starts
(Credit: Gambling911)
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PartyGaming
On Friday August 6 at 9:20 am London time, the company will announce its results for the first 6 months of 2010.
The Group will host a meeting for invited UK-based analysts on the day of the results and there will be a simultaneous webcast and dial-in broadcast of the meeting.
To register for the live webcast, please pre-register for access by visiting the Group’s website www.partygaming.com. Details for the dial-in facility are given below. A copy of the webcast and slide presentation given at the meeting will be available on the Group’s website later on the day.
An interview with Jim Ryan, Chief Executive Officer, and Martin Weigold, Group Finance Director, in video/audio and text will also be available from 7.00am BST on Friday 6 August at: http://www.partygaming.com and at http://www.cantos.com
Dial-in details to listen to the analyst presentation: Friday 6 August 2010
9.20 am Please call +44 (0) 20 3003 2666
9.30 am Meeting starts
(Credit: Gambling911)
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Monday, July 19, 2010
PartyCasino: The World's Leading Online Casino; A PartyGaming Company
PartyCasino: The World's Leading Online Casino
New Players get up to $500 sign up bonus at PartyCasino.com
PartyGaming also operates casinos, online poker rooms and bingo through various websites, including PartyCasino.com, PartyPoker.com, PartyBingo.com, WPTCasino.com and WPTPoker.com
PartyCasino is the Group’s most popular casino brand by far although other brands include CasinoKing and CasinoLasVegas.com The Group's casinos offer a huge variety of over 150 games including slots, blackjack, roulette, and video poker. As well as these traditional online casino games, the Group also offers virtual horse and virtual dog racing as well as multi-player blackjack.
Except for casino tournaments, all players place bets against the house, and the outcome is determined by randomly generated results. Wager limits vary from $0.01 to $1,000, depending on the game. Casino revenue represents the net win, being the amount wagered less player winnings and any change in liability of progressive prize pools. Bingo revenue represents player buy-in less prize payouts.
In 2007, the Group’s casino product was substantially improved through a series of software upgrades, the addition of a number of new slot machines and the integration of the acquisitions from EOL and IOG. Casino, which includes bingo games, is the Group’s second largest business segment and in 2007 it generated Continuing revenue of $146.7 million (2006: $51.0 million) and Continuing Clean EBITDA of $43.6 million (2006: $15.9 million).
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Saturday, July 17, 2010
Virgin Games Partners With NETELLER to Offer GBP 1k Bingo Tournament
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Virgin Bingo
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Jul 16, 2010 - Leading online bingo provider, Virgin Bingo, has teamed up with the online payment solutions company, NETELLER (part of NEOVIA Financial Plc), to offer an exclusive GBP 1,000 bingo tournament. The tournament, which takes place on 30th July 2010, represents the first time a payment solutions provider has partnered with an online gaming company to offer part of the prize, demonstrating NETELLER's commitment to the online bingo community and Virgin Bingo's dedication to offering its customers absolute payment security.
To qualify for this event players are required to register with Virgin Bingo and make a minimum deposit of GBP 10 via NETELLER. Players will then receive a confirmation email granting them access to the Hidden Treasure room which will open its doors at 20:00 UK time on 30th July 2010. Each player will be given the same amount of tickets for each game during the GBP 1000 hour, giving all players an equal chance of scooping the prize pots.
Craig Perrott, Bingo Acquisition Manager at Virgin Games, commented: "Offering our customers assurance that we use only the most trusted payment solution providers is a key priority for Virgin Games. NETELLER has proven to be a trusted payment network and offering this fantastic promotion is a great way to tell our customers about them."
Dan Starr, Executive Vice President and Chief Marketing Officer of NEOVIA Financial, said: "We are pleased to partner with Virgin Bingo to host an exclusive NETELLER bingo tournament. As one of the world's leading alternative payment networks, working with global brands such as Virgin helps to strengthen and maintain our strong foothold in the bingo market by providing instant and secure payments."
Founded in 2004, Virgin Games has over 1,000,000 players and more than 200 games on its site. A growing selection of games can be found at Virgin Games from a number of producers including Virtue Fusion, WagerWorks, Cryptologic, Freemantle, Ash Gaming and Microgaming.
For further details of how to enter the Virgin Bingo and NETELLER tournament go to www.virginbingo.com
Notes to editors
About Virgin Games:
Virgin Games launched in June 2004 and has quickly established itself as one of the leading gaming websites in the UK. Virgin Games comprises three distinct offerings:
-- Virgin Casino, offers content from a range of games suppliers including WagerWorks, Microgaming, Cryptologic, Freemantle and Ash Gaming, bringing consumers classic casino games like Blackjack and Roulette, as well as great feature slots like Monopoly, Rubik's, X-Factor and the highly popular MegaJackpots progressive games, with a current jackpot value of over GBP 2,500,000
-- Virgin Poker, part of the Boss Media network, offers a huge array of games and content for beginners through to experienced pros - as well as the most generous loyalty scheme in the industry
-- Virgin Bingo, part of the Virtue Fusion network, offers cash prizes worth thousands of pounds in the progressive jackpots, as well as Virgin prize bingo and a range of unique Virgin Games bingo games.
About NETELLER:
Trusted by consumers and businesses in over 170 countries to move and manage billions of dollars each year, NEOVIA Financial Plc is a leading alternative payments business. Through the NEOVIA Payment Network, merchants use the NETBANX(R) processing service to simplify how they accept and settle card, direct-from-bank, and cash payments, and the NETELLER(R) payment account to increase margins, capture new customers and increase customer lifetime values. Being independent has allowed the company to support tens-of-thousands of retailers and merchants in many geographies and across multiple industries.
NEOVIA Financial Plc is quoted on the London Stock Exchange's AIM, with a ticker symbol of NEO. Subsidiary company NETELLER (UK) Ltd is authorised by the Financial Services Authority (FSA) to operate as a regulated e-money issuer.
Websites
Virgin Bingo
Virgin Casino.
Join now and get a £100 Casino Welcome Bonus at Virgin Casino.
Virgin Games has won a number of industry awards and commendations including awards from Media Man, Casino News Media and eGaming Review. Virgin Casino won the Media Man 'Online Casino Of The Month' for June 2010 and is in the running again this month.
At present Virgin Casino is unable to accept money players from the United States, Australia or New Zealand. Please see World Casino Directory.
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Virgin Bingo
Virgin Casino,
Jul 16, 2010 - Leading online bingo provider, Virgin Bingo, has teamed up with the online payment solutions company, NETELLER (part of NEOVIA Financial Plc), to offer an exclusive GBP 1,000 bingo tournament. The tournament, which takes place on 30th July 2010, represents the first time a payment solutions provider has partnered with an online gaming company to offer part of the prize, demonstrating NETELLER's commitment to the online bingo community and Virgin Bingo's dedication to offering its customers absolute payment security.
To qualify for this event players are required to register with Virgin Bingo and make a minimum deposit of GBP 10 via NETELLER. Players will then receive a confirmation email granting them access to the Hidden Treasure room which will open its doors at 20:00 UK time on 30th July 2010. Each player will be given the same amount of tickets for each game during the GBP 1000 hour, giving all players an equal chance of scooping the prize pots.
Craig Perrott, Bingo Acquisition Manager at Virgin Games, commented: "Offering our customers assurance that we use only the most trusted payment solution providers is a key priority for Virgin Games. NETELLER has proven to be a trusted payment network and offering this fantastic promotion is a great way to tell our customers about them."
Dan Starr, Executive Vice President and Chief Marketing Officer of NEOVIA Financial, said: "We are pleased to partner with Virgin Bingo to host an exclusive NETELLER bingo tournament. As one of the world's leading alternative payment networks, working with global brands such as Virgin helps to strengthen and maintain our strong foothold in the bingo market by providing instant and secure payments."
Founded in 2004, Virgin Games has over 1,000,000 players and more than 200 games on its site. A growing selection of games can be found at Virgin Games from a number of producers including Virtue Fusion, WagerWorks, Cryptologic, Freemantle, Ash Gaming and Microgaming.
For further details of how to enter the Virgin Bingo and NETELLER tournament go to www.virginbingo.com
Notes to editors
About Virgin Games:
Virgin Games launched in June 2004 and has quickly established itself as one of the leading gaming websites in the UK. Virgin Games comprises three distinct offerings:
-- Virgin Casino, offers content from a range of games suppliers including WagerWorks, Microgaming, Cryptologic, Freemantle and Ash Gaming, bringing consumers classic casino games like Blackjack and Roulette, as well as great feature slots like Monopoly, Rubik's, X-Factor and the highly popular MegaJackpots progressive games, with a current jackpot value of over GBP 2,500,000
-- Virgin Poker, part of the Boss Media network, offers a huge array of games and content for beginners through to experienced pros - as well as the most generous loyalty scheme in the industry
-- Virgin Bingo, part of the Virtue Fusion network, offers cash prizes worth thousands of pounds in the progressive jackpots, as well as Virgin prize bingo and a range of unique Virgin Games bingo games.
About NETELLER:
Trusted by consumers and businesses in over 170 countries to move and manage billions of dollars each year, NEOVIA Financial Plc is a leading alternative payments business. Through the NEOVIA Payment Network, merchants use the NETBANX(R) processing service to simplify how they accept and settle card, direct-from-bank, and cash payments, and the NETELLER(R) payment account to increase margins, capture new customers and increase customer lifetime values. Being independent has allowed the company to support tens-of-thousands of retailers and merchants in many geographies and across multiple industries.
NEOVIA Financial Plc is quoted on the London Stock Exchange's AIM, with a ticker symbol of NEO. Subsidiary company NETELLER (UK) Ltd is authorised by the Financial Services Authority (FSA) to operate as a regulated e-money issuer.
Websites
Virgin Bingo
Virgin Casino.
Join now and get a £100 Casino Welcome Bonus at Virgin Casino.
Virgin Games has won a number of industry awards and commendations including awards from Media Man, Casino News Media and eGaming Review. Virgin Casino won the Media Man 'Online Casino Of The Month' for June 2010 and is in the running again this month.
At present Virgin Casino is unable to accept money players from the United States, Australia or New Zealand. Please see World Casino Directory.
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Friday, July 16, 2010
PartyCasino News Website Network Updated
New PartyCasino.com players get up to $500 sign up bonus
Play For Free or Play For Money
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PartyCasino.com Marvel Slots official website
Sinatra Slot official website
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Tuesday, July 13, 2010
Virgin Casino Cleopatra Tournament 12th - 18th July 2010
Virgin Casino, part of Richard Branson's Virgin Group, is running its Cleopatra Tournament.
£1,000 will be given away to the Cleopatra slot top 46 players every day.
Be one of the top 46 players to have bet the most on the day via the casino classics Cleopatra and Cleopatra II and you'll walk away with a cash prize at Virgin Casino.
Prizes
1st place - £250
2nd to 6th place – £50 each
7th to 16th place - £25 each
17th to 36th place - £10 each
37th to 46th place - £5 each
Join now and get a £100 Casino Welcome Bonus at Virgin Casino.
Virgin Games has won a number of industry awards and commendations including awards from Media Man, Casino News Media and eGaming Review. Virgin Casino won the Media Man 'Online Casino Of The Month' for June 2010 and is in the running again this month.
At present Virgin Casino is unable to accept money players from the United States, Australia or New Zealand. Please see World Casino Directory.
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£1,000 will be given away to the Cleopatra slot top 46 players every day.
Be one of the top 46 players to have bet the most on the day via the casino classics Cleopatra and Cleopatra II and you'll walk away with a cash prize at Virgin Casino.
Prizes
1st place - £250
2nd to 6th place – £50 each
7th to 16th place - £25 each
17th to 36th place - £10 each
37th to 46th place - £5 each
Join now and get a £100 Casino Welcome Bonus at Virgin Casino.
Virgin Games has won a number of industry awards and commendations including awards from Media Man, Casino News Media and eGaming Review. Virgin Casino won the Media Man 'Online Casino Of The Month' for June 2010 and is in the running again this month.
At present Virgin Casino is unable to accept money players from the United States, Australia or New Zealand. Please see World Casino Directory.
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