Media Man International Blog. Media Man International is part of the Media Man Group of companies.
Friday, December 20, 2013
Sunday, December 15, 2013
Australia's Crown Faces Slot Machine Levy - December 2013
SYDNEY--Shares in Australian casino company Crown Ltd. (CWN.AU) came under pressure Friday after lawmakers proposed a new tax on slot machines at its flagship Crown casino in Melbourne.
Victoria state proposed an annual levy of A$22,175 (US$19,800) per slot machine to raise A$56.8 million a year, as it attempts to fund infrastructure developments such as roads and schools while holding onto its AAA credit rating.
Crown shares fell as much as 6% in Sydney before closing down 4.3% at A$15.90 in a overall strong market.
"In these challenging economic times the coalition government must maintain a disciplined budget to ensure we can continue to invest in the critical infrastructure and services that Victorian families and businesses deserve," the state's Treasurer, Michael O'Brien said in a statement.
Any changes to tax arrangements between Crown and the Victorian government need to be agreed by both parties.
Crown, which is controlled by billionaire James Packer, confirmed that it was in discussions with lawmakers and expects talks to conclude early next year.
Describing the discussions as "positive", Mr. Packer said he hoped they would create an outcome that allowed the casino to continue competing effectively with international and interstate rivals.
"Both Crown and the Victorian government would like to see the Crown Melbourne resort continue to grow and to attract more overseas and interstate tourists," Mr. Packer said.
Still, the decision comes at a tough time for Australia's gambling sector, which is being hurt by fragile consumer confidence as the country's long mining boom fades.
Crown's underlying profit for the year through June, which removes one-off items like asset sales, swelled by 14% to A$473.2 million. The result, however, was boosted by a large jump in earnings from the company's joint venture in Macau with Lawrence Ho.
Crown Melbourne remains the biggest contributor to the company's profits and suffered a 12% decrease in operating earnings last financial year.
Websites
Crown Melbourne
Media Man
Media Man Int
Casino News Media
Wednesday, December 11, 2013
Saturday, December 07, 2013
Monday, November 11, 2013
Human Statue Bodyart creates Dianna Goddess Of Moon and Hunting live statue and entertainment
Human Statue Bodyart creates Dianna Goddess Of Moon and Hunting live statue and entertainment
In Roman mythology, Diana (lt. "heavenly" or "divine") was the goddess of the hunt, the moon and birthing, being associated with wild animals and woodland, and having the power to talk to and control animals. She was equated with the Greek goddess Artemis, though she had an independent origin in Italy. Diana was worshipped in ancient Roman religion and is revered in Roman Neopaganism and Stregheria. Dianic Wicca, a largely feminist form of the practice, is named for her. Diana was known to be the virgin goddess of childbirth and women. She was one of the three maiden goddesses, Diana, Minerva and Vesta, who swore never to marry.
Oak groves were especially sacred to her. According to mythology, Diana was born with her twin brother Apollo on the island of Delos, daughter of Jupiter and Latona. Diana made up a triad with two other Roman deities: Egeria the water nymph, her servant and assistant midwife; and Virbius, the woodland god.
Tuesday, November 05, 2013
Subscribe to:
Posts (Atom)