PR Newswire - Wind Creek Casino launches Pala Interactive powered Online Gaming Platform in Pennsylvania
Excerpt:
"Pala Interactive is honored to have been selected as Wind Creek's technology partner," said Pala's CEO Jim Ryan. The Pennsylvania Gaming Control Board approved the launch of the Wind Creek real money online casino on July 24th. This launch represents completion of the first phase of a multi-stage real money and social casino plan. The next phase will be the introduction of the Wind Creek sports betting offering in partnership with BetFred USA Sports and Scientific Games Corporation, expected to launch later this Fall.
Read Full Article At Link Above
Showing posts with label Jim Ryan. Show all posts
Showing posts with label Jim Ryan. Show all posts
Saturday, August 22, 2020
Tuesday, January 29, 2019
Robert H Smith Background Report
I received the background report below on Robert H Smith. The report was prepared using publicdatacheck.com. I have not vetted all the information so I cannot vouch for its accuracy but I was told it was shown to a law enforcement agent that verified the information.
I will also post the Pala Interactive MOU again below since someone asked for it as well as other filings.
Robert H Smith Background R... by on Scribd
MOU Between Pala and NG Pok... by on Scribd
PalaInteractive LLC NewJers... by on Scribd
Pala Interactive NJ Waiver ... by on Scribd
Below is a link to a news article that came out January 29, 2019.
Pala Interactive Launches New Social Casino And Poker For World Poker Tour®'s ClubWPT™
Jim Ryan, CEO of Pala Interactive also made some recent statements:
Jim Ryan: Biggest risk from new Wire Act opinion is payments
Wednesday, October 17, 2018
Jim Ryan, CEO of Pala Interactive Makes News
Article Link:
Illinois Sports Betting And Online Casino Up For Debate In Legislature This Week
Excerpt:
Jim Ryan, CEO of Pala Interactive and a member of the nonprofit iDEA Growth, submitted a letter this week calling on lawmakers to not overlook the economic benefits of gambling expansion.
Ryan wrote mobile wagering is “the future of the industry” and sports wagering is already taking place on “unregulated platforms.”
“Illinois needs to make it legal and regulated. Voting for anything less is a lost opportunity for the state’s economy,” Ryan wrote.
Read the full article at the link above.
Jim Ryan mentions iDEA Growth
Take a look at their members here: https://ideagrowth.org/who-we-are/
Pala Interactive is a member of this non-profit.
I wonder how much Pala is giving to this non-profit in order to lobby various State Governments to push Online and Mobile Gaming...
Has Pala started issuing Per Cap payments from Pala Interactive yet? Pala investd $100 million in this venture....Any ROI yet?
Illinois Sports Betting And Online Casino Up For Debate In Legislature This Week
Excerpt:
Jim Ryan, CEO of Pala Interactive and a member of the nonprofit iDEA Growth, submitted a letter this week calling on lawmakers to not overlook the economic benefits of gambling expansion.
Ryan wrote mobile wagering is “the future of the industry” and sports wagering is already taking place on “unregulated platforms.”
“Illinois needs to make it legal and regulated. Voting for anything less is a lost opportunity for the state’s economy,” Ryan wrote.
Read the full article at the link above.
Jim Ryan mentions iDEA Growth
Take a look at their members here: https://ideagrowth.org/who-we-are/
Pala Interactive is a member of this non-profit.
I wonder how much Pala is giving to this non-profit in order to lobby various State Governments to push Online and Mobile Gaming...
Has Pala started issuing Per Cap payments from Pala Interactive yet? Pala investd $100 million in this venture....Any ROI yet?
Saturday, September 15, 2018
...Meanwhile Pala Interactive is Doing Bigly
Apparently Pala's General Council just doesn't want to talk about Pala Interactive, that online gaming venture Robert invested $100 million of the Band's money in.
If Pala Casino is doing so bad how is it Pala Interactive is doing so good? Why isn't the Band provided financials about Pala Interactive? Are they making money? Why isn't the Band receiving any Return On Investment (ROI) from Pala Interactive?
PALA EXPANDING NEW JERSEY FOOTPRINT WITH BETGENIUS PARTNERSHIP — WHAT’S NEXT?
BY JOHN BRENNAN
Excerpt:
#
Pala Interactive launched the PalaCasino.com brand in the fall of 2014 and added PalaBingoUSA.com in the spring of 2016. PalaPoker.com launched preliminarily in mid-2017, and completed its full launch in December. Pala Casino offers access to more than 250 online casino games.
Pala and Borgata — together again?
So Pala already has a triple threat of online gambling angles — might the brass try to make it a quadruple threat? Pala’s online casino gaming and poker platforms come via a deal with Borgata, which just happened to be the first Atlantic City casino to offer sports betting in June and the first to offer mobile sports betting earlier this month.
#
The deal with BetGenius may help Pala with brand awareness, something it has in California but less so anywhere else. California seemed on the verge of legalizing online poker years ago, which presumably was a big factor in Pala’s foray into developing a website and online infrastructure. If online gaming regulation does come to California, Pala will have a leg up on rivals due to its experience in New Jersey.
If Pala Casino is doing so bad how is it Pala Interactive is doing so good? Why isn't the Band provided financials about Pala Interactive? Are they making money? Why isn't the Band receiving any Return On Investment (ROI) from Pala Interactive?
PALA EXPANDING NEW JERSEY FOOTPRINT WITH BETGENIUS PARTNERSHIP — WHAT’S NEXT?
BY JOHN BRENNAN
Excerpt:
#
Pala Interactive launched the PalaCasino.com brand in the fall of 2014 and added PalaBingoUSA.com in the spring of 2016. PalaPoker.com launched preliminarily in mid-2017, and completed its full launch in December. Pala Casino offers access to more than 250 online casino games.
Pala and Borgata — together again?
So Pala already has a triple threat of online gambling angles — might the brass try to make it a quadruple threat? Pala’s online casino gaming and poker platforms come via a deal with Borgata, which just happened to be the first Atlantic City casino to offer sports betting in June and the first to offer mobile sports betting earlier this month.
#
The deal with BetGenius may help Pala with brand awareness, something it has in California but less so anywhere else. California seemed on the verge of legalizing online poker years ago, which presumably was a big factor in Pala’s foray into developing a website and online infrastructure. If online gaming regulation does come to California, Pala will have a leg up on rivals due to its experience in New Jersey.
Wednesday, December 20, 2017
Pala Interactive's Jim Ryan Gushes For The Reporters
I would expect that there would be a large Christmas Bonus for Tribal Members since Pala Interactive is doing so well. Thank you Jim Ryan. I bet the tribal members of Pala are enjoying the tremendous benefit Pala Interactive is bringing to their lives.
Link to Article:
PALA’S JIM RYAN EXPLAINS HOW A CALIFORNIA TRIBE BECAME A MAJOR ONLINE PLAYER IN NJ
From PlayNJ.com
Excerpt:
RYAN ON PALA INTERACTIVE’S SUCCESS SO FAR
PNJ: PalaCasino.com recently celebrated three years in New Jersey’s regulated online gaming space. How would you assess Pala’s performance over those three years?
Jim Ryan: We are proud of our performance. Why I say that is because we entered the market a year after it opened without a brand and without a player database. To any onlooker, we were seen as an underdog.
However, we have quietly built our business and continued to improve our platform and add new games. We have been largely focused on our casino business and the casino offering has upwards of 300 games today. We were only one of two operators to introduce a bingo product and we offer bingo three times a week.
We have a very loyal customer base that comes and plays bingo but, equally importantly, that same customer base enjoys our casino games, so it is a growth driver. With the launch of our poker product in June, we are the only operator in the marketplace that has got casino, bingo and poker.
Equally with poker, which although has very small liquidity, it is already breaking even for us. So, in terms of overall performance, we have come from nowhere and while we certainly aren’t the biggest, we are far from the smallest operator. And in that respect, we are proud of those accomplishments.
PNJ: What about your performance in terms of revenue?
JR: We generally haven’t quoted the size of our business, but we do over $600,000 a month in revenue and we are continuing to grow at a reasonable pace.
--------------------------------------------------
Read The Full Article At The Link Above
--------------------------------------------------
Potentially up to $100 Million of allegedly borrowed money was invested by "The Tribe" aka Robert Smith. 3 years later the ROI is $600K per month. What would it be if the money was just put in a savings account?
Link to Article:
PALA’S JIM RYAN EXPLAINS HOW A CALIFORNIA TRIBE BECAME A MAJOR ONLINE PLAYER IN NJ
From PlayNJ.com
Excerpt:
RYAN ON PALA INTERACTIVE’S SUCCESS SO FAR
PNJ: PalaCasino.com recently celebrated three years in New Jersey’s regulated online gaming space. How would you assess Pala’s performance over those three years?
Jim Ryan: We are proud of our performance. Why I say that is because we entered the market a year after it opened without a brand and without a player database. To any onlooker, we were seen as an underdog.
However, we have quietly built our business and continued to improve our platform and add new games. We have been largely focused on our casino business and the casino offering has upwards of 300 games today. We were only one of two operators to introduce a bingo product and we offer bingo three times a week.
We have a very loyal customer base that comes and plays bingo but, equally importantly, that same customer base enjoys our casino games, so it is a growth driver. With the launch of our poker product in June, we are the only operator in the marketplace that has got casino, bingo and poker.
Equally with poker, which although has very small liquidity, it is already breaking even for us. So, in terms of overall performance, we have come from nowhere and while we certainly aren’t the biggest, we are far from the smallest operator. And in that respect, we are proud of those accomplishments.
PNJ: What about your performance in terms of revenue?
JR: We generally haven’t quoted the size of our business, but we do over $600,000 a month in revenue and we are continuing to grow at a reasonable pace.
--------------------------------------------------
Read The Full Article At The Link Above
--------------------------------------------------
Potentially up to $100 Million of allegedly borrowed money was invested by "The Tribe" aka Robert Smith. 3 years later the ROI is $600K per month. What would it be if the money was just put in a savings account?
Thursday, July 13, 2017
Online Gaming Lobbying Increases
New iGaming lobbying group launched in US
By Robert Simmons
Excerpt:
The I-Development and Economic Association (iDEA) claims that it is “an association seeking to grow jobs and expand online interactive entertainment business in the United States through advocacy and education”.
It is made up of 17 firms representing a wide spectrum of the online gambling industry including: Amaya, Inc, Golden Nugget, Paysafe, Paddy Power Betfair, GVC Holdings, Resorts Interactive, Catena Media; NetENT, Sightline Payments, Continent 8 Technologies, NYX, Tropicana Entertainment, Gamesys, Pala Interactive, Vantiv Gaming Solutions, eZugi, and Ifrah Law.
#
Read full article at link above
Seems Pala's money is still circling the drain. How's that $100 million online poker investment working out? Everyone got per cap raises this year, right?
By Robert Simmons
Excerpt:
The I-Development and Economic Association (iDEA) claims that it is “an association seeking to grow jobs and expand online interactive entertainment business in the United States through advocacy and education”.
It is made up of 17 firms representing a wide spectrum of the online gambling industry including: Amaya, Inc, Golden Nugget, Paysafe, Paddy Power Betfair, GVC Holdings, Resorts Interactive, Catena Media; NetENT, Sightline Payments, Continent 8 Technologies, NYX, Tropicana Entertainment, Gamesys, Pala Interactive, Vantiv Gaming Solutions, eZugi, and Ifrah Law.
#
Read full article at link above
Seems Pala's money is still circling the drain. How's that $100 million online poker investment working out? Everyone got per cap raises this year, right?
Thursday, June 8, 2017
Pala Interactive In The News
Pala Interactive debuts New Jersey online poker site
Excerpt:
BY Peter Amsel ON June 07, 2017
TAGS: NEW JERSEY ONLINE GAMBLING, PALA INTERACTIVE, PALAPOKER
Tribal gaming operator Pala Interactive has added a poker product to its New Jersey online gambling operations.
On Tuesday, Pala Interactive announced the launch of PalaPoker.com for both desktop and mobile poker players residing in the state of New Jersey. The poker site, which is currently in open beta testing, follows the 2014 launch of Pala’s New Jersey online casino and the 2016 launch of PalaBingoUSA.com.
-- Read more at link above
Also:
New Online Poker Room Launches in New Jersey
Pala Interactive rolls out New Jersey poker product
Tuesday, April 25, 2017
California Online Poker Dead?
California Online Poker Efforts Shelved Indefinitely Very Little Chance Bill Will Move Forward This Year: Report
Excerpt:
by Brian Pempus | Published: Apr 25, 2017
It’s been 10 years since lawmakers in California began looking at regulating state-licensed online poker sites. Nothing has ever come to fruition.
It was already unlikely that 2017 would be any different, but, according to OnlinePokerReport, California Assemblyman Reggie Jones-Sawyer, sponsor of the current online poker bill, has said definitively that there won’t be any action on it this year.
The debate could be restarted next year, but there’s no guarantee.
California tribes haven’t been able to come to a consensus on how to regulate the industry. Some don’t want PokerStars being allowed entry into the market.
...read more at link above...
Excerpt:
by Brian Pempus | Published: Apr 25, 2017
It’s been 10 years since lawmakers in California began looking at regulating state-licensed online poker sites. Nothing has ever come to fruition.
It was already unlikely that 2017 would be any different, but, according to OnlinePokerReport, California Assemblyman Reggie Jones-Sawyer, sponsor of the current online poker bill, has said definitively that there won’t be any action on it this year.
The debate could be restarted next year, but there’s no guarantee.
California tribes haven’t been able to come to a consensus on how to regulate the industry. Some don’t want PokerStars being allowed entry into the market.
...read more at link above...
Monday, March 6, 2017
How Well Is Pala Interactive Doing?
It's hard to know how well Pala's online gaming business is doing. But we can infer some things from the news.
From this article:
uspoker.com - Will A Hard Rock-Branded Online Casino In New Jersey Flourish Or Flounder?
Excerpt:
Latecomers have gained significant market share
The NJ online poker and casino industries consisted of far fewer sites in November 2013, the month when the first wave of regulated sites went live. And all of them have performed admirably.
Pala Casino launched in November 2014. Despite being a relatively unknown quantity in New Jersey, the San Diego-based brand now accounts for a significant portion of Borgata AC online casino revenue.
How much? According to the latest US iGaming Tracker report from Eilers & Krejcik Gaming, the casino has captured 15 percent of Borgata’s online market share, which translates into roughly $5.6 million in revenue generated per year.
----
You can read the entire article at the link above.
So, after an alleged $100 million investment by the Pala Band of Mission Indians about 4 years ago Pala Interactive seems to be generating about $5.6 million a year in revenue, at least in New Jersey.
From this article:
uspoker.com - Will A Hard Rock-Branded Online Casino In New Jersey Flourish Or Flounder?
Excerpt:
Latecomers have gained significant market share
The NJ online poker and casino industries consisted of far fewer sites in November 2013, the month when the first wave of regulated sites went live. And all of them have performed admirably.
Pala Casino launched in November 2014. Despite being a relatively unknown quantity in New Jersey, the San Diego-based brand now accounts for a significant portion of Borgata AC online casino revenue.
How much? According to the latest US iGaming Tracker report from Eilers & Krejcik Gaming, the casino has captured 15 percent of Borgata’s online market share, which translates into roughly $5.6 million in revenue generated per year.
----
You can read the entire article at the link above.
So, after an alleged $100 million investment by the Pala Band of Mission Indians about 4 years ago Pala Interactive seems to be generating about $5.6 million a year in revenue, at least in New Jersey.
Tuesday, February 14, 2017
California Online Poker Stalls Out
Online Poker Futility Serves As A Lesson To California Tribes On Embracing Technology In A Changing Industry
Excerpts:
By Dave Palermo
#
Tribal leaders and gambling industry executives are pessimistic of success in getting online poker enacted in the two-year legislative cycle that began in January, largely because of lingering differences over the licensing suitability of PokerStars.
“There is no evidence that the tribes have reconciled that or even demonstrated a willingness to do so,” said Jim Ryan, CEO of Pala Interactive, an enterprise of the Pala Band of Mission Indians.
“Everything I’m being told is that the legislators in Sacramento have been exhausted by the issue. So in the absence of a material catalyst I think iPoker is certainly going nowhere fast.”
#
Pala and the Mohegan Tribe of Connecticut operate websites offering real-money gambling and social gaming, where players pay for credits to play casino games that do not produce jackpots.
“In the past 3½ years many tribes have provided social gaming offerings over the internet,” Ryan said, including several California Indian bands.
Economists believe the annual North American social gambling market is approaching $4 billion in annual revenue.
#
Read the full article at the link above for more information.
Excerpts:
By Dave Palermo
#
Tribal leaders and gambling industry executives are pessimistic of success in getting online poker enacted in the two-year legislative cycle that began in January, largely because of lingering differences over the licensing suitability of PokerStars.
“There is no evidence that the tribes have reconciled that or even demonstrated a willingness to do so,” said Jim Ryan, CEO of Pala Interactive, an enterprise of the Pala Band of Mission Indians.
“Everything I’m being told is that the legislators in Sacramento have been exhausted by the issue. So in the absence of a material catalyst I think iPoker is certainly going nowhere fast.”
#
Pala and the Mohegan Tribe of Connecticut operate websites offering real-money gambling and social gaming, where players pay for credits to play casino games that do not produce jackpots.
“In the past 3½ years many tribes have provided social gaming offerings over the internet,” Ryan said, including several California Indian bands.
Economists believe the annual North American social gambling market is approaching $4 billion in annual revenue.
#
Read the full article at the link above for more information.
Friday, January 27, 2017
Pala Interactive Rolls Out MyPalaCasino.com Along With Facebook App - Android and iOS Apps to Follow
Big News for Pala Interactive
gamingintelligence.com - Pala Interactive rolls out first free-to-play virtuals titles from Leap Gaming
Pala Interactive, the iGaming subsidiary of the Pala Band of Mission Indians, has launched five new virtual sports titles on its social casino site MyPalaCasino.
The launch follows a deal with virtual sports specialist Leap Gaming to add its portfolio of virtual games to the free-to-play site, with horse and dog racing, trotting, velodrome and speedway titles now live.
The games are currently available via the MyPalaCasino.com site and Facebook app, and will soon to be added to its iOS and Android apps.
The games allow players able to pick their favourite horse, dog or athlete and place a range of bets based on current odds and the competitor's performance history.
Launched in November 2016 to promote the tribe's California-based Pala Casino Spa & Resort, MyPalaCasino offers a range of slots, table games and skill-based puzzles alongside the virtual sports products.
The social offering is integrated with the casino's Pala Privileges reward programme, allowing players to collect points to redeem for real-world prizes such as games, spa services, food and beverages or hotel stays.
The initial virtual sports roll-outs will be followed by the addition of tennis and soccer games in the near future.
Also:
Pala adds virtual sports games to social casino
gamingintelligence.com - Pala Interactive rolls out first free-to-play virtuals titles from Leap Gaming
Pala Interactive, the iGaming subsidiary of the Pala Band of Mission Indians, has launched five new virtual sports titles on its social casino site MyPalaCasino.
The launch follows a deal with virtual sports specialist Leap Gaming to add its portfolio of virtual games to the free-to-play site, with horse and dog racing, trotting, velodrome and speedway titles now live.
The games are currently available via the MyPalaCasino.com site and Facebook app, and will soon to be added to its iOS and Android apps.
The games allow players able to pick their favourite horse, dog or athlete and place a range of bets based on current odds and the competitor's performance history.
Launched in November 2016 to promote the tribe's California-based Pala Casino Spa & Resort, MyPalaCasino offers a range of slots, table games and skill-based puzzles alongside the virtual sports products.
The social offering is integrated with the casino's Pala Privileges reward programme, allowing players to collect points to redeem for real-world prizes such as games, spa services, food and beverages or hotel stays.
The initial virtual sports roll-outs will be followed by the addition of tennis and soccer games in the near future.
Also:
Pala adds virtual sports games to social casino
Friday, November 11, 2016
Pala Interactive In The News
Pala Interactive has launched a free to play casino app that allows Pala Privileges rewards players to win real prizes at Pala Casino.
Pala Interactive launches social casino app for land-based venue
Excerpt:
The free-play site has been developed using Pala Interactive's proprietary social gaming software and systems, and is integrated with the casino's Pala Privileges rewards programme.
This allows Pala Privileges reward card holders to win real-world prizes such as free casino play, spa services, food and drink, and accommodation.
"We are really excited about the launch of this new gaming product," Pala chief executive Bill Bembenek commented. “We believe the games will provide another high-quality gaming experience for our guests especially those who are not able to visit our resort.
#
read the full article at the link above.
Pala Interactive launches social casino app for land-based venue
Excerpt:
The free-play site has been developed using Pala Interactive's proprietary social gaming software and systems, and is integrated with the casino's Pala Privileges rewards programme.
This allows Pala Privileges reward card holders to win real-world prizes such as free casino play, spa services, food and drink, and accommodation.
"We are really excited about the launch of this new gaming product," Pala chief executive Bill Bembenek commented. “We believe the games will provide another high-quality gaming experience for our guests especially those who are not able to visit our resort.
#
read the full article at the link above.
Wednesday, May 4, 2016
Pala Interactive - Still No Poker?
Online Poker Report - GAN Annual Report Expects Real Money Gaming Deal With The Borgata To Begin In Summer 2016
Excerpt:
The existence of the relationship with GAN does not absolutely show that the Borgata wants to end the partnership with partypoker now that GVC has taken over. There is no reason why the Borgata can’t add extra brands to its gaming offer.
The industry rumor mill has Pala Interactive listed as a potential online poker provider if partypoker were to exit the market. PalaCasino is live in New Jersey, but despite developing proprietary software, Pala has not yet launched a poker product.
CEO Jim Ryan said that he would like to see the impact of PokerStars before making that decision.
Unless there is a dramatic change in the New Jersey market, such as partypoker exiting, Pala online poker looks unlikely to make an independent entry – the return on investment probably isn’t there.
Read Full Article -->Online Poker Report - GAN Annual Report Expects Real Money Gaming Deal With The Borgata To Begin In Summer 2016
Excerpt:
The existence of the relationship with GAN does not absolutely show that the Borgata wants to end the partnership with partypoker now that GVC has taken over. There is no reason why the Borgata can’t add extra brands to its gaming offer.
The industry rumor mill has Pala Interactive listed as a potential online poker provider if partypoker were to exit the market. PalaCasino is live in New Jersey, but despite developing proprietary software, Pala has not yet launched a poker product.
CEO Jim Ryan said that he would like to see the impact of PokerStars before making that decision.
Unless there is a dramatic change in the New Jersey market, such as partypoker exiting, Pala online poker looks unlikely to make an independent entry – the return on investment probably isn’t there.
Read Full Article -->Online Poker Report - GAN Annual Report Expects Real Money Gaming Deal With The Borgata To Begin In Summer 2016
Thursday, March 24, 2016
Pala Interactive Making News
Gaming Realms Bingo Content Goes Live with Pala Interactive
Excerpt:
#
Under the terms of the deal, Gaming Realms will supply its recently introduced 90-ball bingo game to Pala’s online bingo brand – PalaBingoUSA. The website is known to be the only one within the New Jersey borders to be offering that type of bingo. Pala Interactive has previously been granted the necessary transactional waiver by the New Jersey Division of Gaming Enforcement for the provision of gambling services within the state.
Pala Interactive is New Jersey’s subsidiary of the Pala Band of Mission Indians, a California-based federally recognized tribe, known to be one of the major providers of gambling options in California. Under the terms of their recently signed agreement, Gaming Realms will deliver its bingo game to Pala Interactive’s online bingo website and will receive a portion of the annual revenue generated by the brand.
Read Full Article Here->Gaming Realms Bingo Content Goes Live with Pala Interactive
More news:
New Jersey Sets New Record For Online Gambling Revenue Despite Poker Decline
Excerpt:
Furthermore, Borgata is expected to switch over to a online poker client powered by Pala Interactive sometime in the next quarter. How the platform stacks up against its current client (provided by PartyPoker), may weigh heavily on the operator’s future viability in the marketplace.
INTERTAIN SAYS LOSSES INCREASE TENFOLD, CLAIMS TO BE MULLING TAKEOVER BIDS
Excerpt:
Intertain also announced that directors Stan Dunford and Mark Redmond had stepped down immediately. In their stead, current Pala Interactive CEO and former Bwin.party co-CEO Jim Ryan has been appointed an independent director, while current Intertain board member David Danziger has been appointed chairman.
Pala Interactive in New Jersey-first with bingo launch
Excerpt:
#
Under the terms of the deal, Gaming Realms will supply its recently introduced 90-ball bingo game to Pala’s online bingo brand – PalaBingoUSA. The website is known to be the only one within the New Jersey borders to be offering that type of bingo. Pala Interactive has previously been granted the necessary transactional waiver by the New Jersey Division of Gaming Enforcement for the provision of gambling services within the state.
Pala Interactive is New Jersey’s subsidiary of the Pala Band of Mission Indians, a California-based federally recognized tribe, known to be one of the major providers of gambling options in California. Under the terms of their recently signed agreement, Gaming Realms will deliver its bingo game to Pala Interactive’s online bingo website and will receive a portion of the annual revenue generated by the brand.
Read Full Article Here->Gaming Realms Bingo Content Goes Live with Pala Interactive
More news:
New Jersey Sets New Record For Online Gambling Revenue Despite Poker Decline
Excerpt:
Furthermore, Borgata is expected to switch over to a online poker client powered by Pala Interactive sometime in the next quarter. How the platform stacks up against its current client (provided by PartyPoker), may weigh heavily on the operator’s future viability in the marketplace.
INTERTAIN SAYS LOSSES INCREASE TENFOLD, CLAIMS TO BE MULLING TAKEOVER BIDS
Excerpt:
Intertain also announced that directors Stan Dunford and Mark Redmond had stepped down immediately. In their stead, current Pala Interactive CEO and former Bwin.party co-CEO Jim Ryan has been appointed an independent director, while current Intertain board member David Danziger has been appointed chairman.
Pala Interactive in New Jersey-first with bingo launch
Tuesday, February 23, 2016
Pala Online Poker In The News
Pala Interactive and Online Poker in California in the news.
Pala Band of Mission Indians Continues to Support Assemblyman Gray's AB 2863 Internet Poker Legislation
pokernews.com - Nevada, New Jersey Welcome Former Ultimate Bet Brass
#
Borgata, which uses bwin.party as its online poker operator in New Jersey, is making the switch to Pala Interactive, Martyn Hannah of eGR North America reported — note the linked article is behind a paywall. Pala's Chief Executive Officer is Jim Ryan, who also served as CEO of UB's parent company, Exscapa. The switch will reportedly be made "by the end of the second quarter."
Borgata operates the leading online poker room in New Jersey, totaling more than $31 million in revenue since launch and leading second-place Caesar's in each calendar month of 2015.
As such, bwin.party reps are apparently not conceding the lucrative Borgata contract. Hannah quoted one rep as saying there has been "no change" in the company's relationship with Borgata as parent company GVC Holdings awaits licensing in the state. The popular casino has used bwin.party as its online poker provider since launching.
Ryan claims to have left his role as CEO in 2006, before the infamous superuser scandal at UB broke, at which point he said he was acting as merely a court-appointed inspector.
#
Read Full Article Here -->Nevada, New Jersey Welcome Former Ultimate Bet Brass
PokerFuse - GAN Deal Raises Doubts over Borgata/Partypoker Partnership
#
The Borgata and its free-play online casino partner GAN have extended their deal to cover real-money online gaming. The deal has led to suggestions that the Borgata/Partypoker partnership in New Jersey may be coming to an end.
GAN will power the online casino platform with Pala Interactive providing online poker, according to a report in eGaming Review.
Read Full Article Here-->PokerFuse - GAN Deal Raises Doubts over Borgata/Partypoker Partnership
parttimepoker.com - New Jersey DGE January 2016 Gaming Results
#
The Borgata and Party Poker including Pala Entertainment combination continued as the leading revenue producing I-Gaming site(s) in New Jersey with a 31.2% share (First in poker and casino games). Caesar’s Interactive (CIE) held second place with 22.0% (Second in poker, fourth in casino games).
#
Read Full Article Here-->parttimepoker.com - New Jersey DGE January 2016 Gaming Results
Pala Band of Mission Indians Continues to Support Assemblyman Gray's AB 2863 Internet Poker Legislation
pokernews.com - Nevada, New Jersey Welcome Former Ultimate Bet Brass
#
Borgata, which uses bwin.party as its online poker operator in New Jersey, is making the switch to Pala Interactive, Martyn Hannah of eGR North America reported — note the linked article is behind a paywall. Pala's Chief Executive Officer is Jim Ryan, who also served as CEO of UB's parent company, Exscapa. The switch will reportedly be made "by the end of the second quarter."
Borgata operates the leading online poker room in New Jersey, totaling more than $31 million in revenue since launch and leading second-place Caesar's in each calendar month of 2015.
As such, bwin.party reps are apparently not conceding the lucrative Borgata contract. Hannah quoted one rep as saying there has been "no change" in the company's relationship with Borgata as parent company GVC Holdings awaits licensing in the state. The popular casino has used bwin.party as its online poker provider since launching.
Ryan claims to have left his role as CEO in 2006, before the infamous superuser scandal at UB broke, at which point he said he was acting as merely a court-appointed inspector.
#
Read Full Article Here -->Nevada, New Jersey Welcome Former Ultimate Bet Brass
PokerFuse - GAN Deal Raises Doubts over Borgata/Partypoker Partnership
#
The Borgata and its free-play online casino partner GAN have extended their deal to cover real-money online gaming. The deal has led to suggestions that the Borgata/Partypoker partnership in New Jersey may be coming to an end.
GAN will power the online casino platform with Pala Interactive providing online poker, according to a report in eGaming Review.
Read Full Article Here-->PokerFuse - GAN Deal Raises Doubts over Borgata/Partypoker Partnership
parttimepoker.com - New Jersey DGE January 2016 Gaming Results
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The Borgata and Party Poker including Pala Entertainment combination continued as the leading revenue producing I-Gaming site(s) in New Jersey with a 31.2% share (First in poker and casino games). Caesar’s Interactive (CIE) held second place with 22.0% (Second in poker, fourth in casino games).
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Read Full Article Here-->parttimepoker.com - New Jersey DGE January 2016 Gaming Results
Wednesday, December 16, 2015
Bill Making Its Way Through House to Ban New Jersey Online Gambling
I wonder how much lobbying dollars it will cost to kill this bill...
Proposed ban on N.J. online gambling still brewing in D.C.
WASHINGTON — Proposed federal legislation that would outlaw online gambling in New Jersey and the two other states that allow it got a second hearing Wednesday.
The bill's chief sponsor, U.S. Rep. Jason Chaffetz (R-Utah) expressed concern that residents of states that outlaw gambling, either in casinos or online, would be able to play anyway.
"It's naive at best to think you can put a wall on the Internet," said Chaffetz, chairman of the U.S. House Oversight and Government Reform Committee, which conducted the hearing. Chaffetz also presided over a House Judiciary subcommittee hearing on the bill in March.
Read Full Article Here-->Proposed ban on N.J. online gambling still brewing in D.C.
Proposed ban on N.J. online gambling still brewing in D.C.
WASHINGTON — Proposed federal legislation that would outlaw online gambling in New Jersey and the two other states that allow it got a second hearing Wednesday.
The bill's chief sponsor, U.S. Rep. Jason Chaffetz (R-Utah) expressed concern that residents of states that outlaw gambling, either in casinos or online, would be able to play anyway.
"It's naive at best to think you can put a wall on the Internet," said Chaffetz, chairman of the U.S. House Oversight and Government Reform Committee, which conducted the hearing. Chaffetz also presided over a House Judiciary subcommittee hearing on the bill in March.
Read Full Article Here-->Proposed ban on N.J. online gambling still brewing in D.C.
Thursday, December 3, 2015
A Very Merry Christmas From Pala Interactive
PalaCasino.com Announces $25,000 Holiday Celebration
New Jersey Players Can Win Major Prizes This Holiday Season on PalaCasino.com
New Jersey Players Can Win Major Prizes This Holiday Season on PalaCasino.com
ATLANTIC CITY, N.J., Dec. 1, 2015 /PRNewswire/ -- This December, PalaCasino.com is spreading the holiday cheer by giving New Jersey players the chance to win big. Today, the Company announced that it will be hosting "The PalaCasino.com $25,000 Holiday Celebration" to give players the chance to win $25,000 in prizes and bonuses including popular electronics such as Apple and Microsoft tablets, a HDTV, an Apple Watch, shopping gift cards and an Atlantic City hotel package, among many others. In addition to sought-after holiday prizes, all PalaCasino.com players will have an opportunity to earn a share in a $10,000 PalaCasino.com Bonus Cash prize pool.
"The PalaCasino.com $25,000 Holiday Celebration" will run from December 1st, 2015 through December 31st, 2015. All winners will be announced on PalaCasino.com within 72 hours of each promotion day.
"With $25,000 in prizes and bonuses available, PalaCasino.com will be the place to play and win this December," said Jeremy Clemons, Chief Marketing Officer at Pala Interactive. "The Holiday Celebration is a terrific opportunity to thank the players that make PalaCasino.com their New Jersey home for online casino action and allows a tremendous opportunity to introduce new players to our online and mobile offering, which features more than 155 casino games including 126 slot titles."
To participate in "$25,000 PalaCasino.com Holiday Celebration," players that deposit at least $25 dollars and wager of at least $100 will be entered into a random drawing for that day's featured Holiday prize. Also, players that qualify for the featured Holiday prize at least 12 days during the December promotion will earn a guaranteed share in a $10,000 Casino Bonus prize pool.
Additionally, PalaCasino.com will offer new customers a $20 "Welcome Bonus," a "Double Your 1st Deposit Bonus" up to $100 and provide players to take a free daily slot spin for the chance to win $1,000,000.
For more information on rules and an alternative method of entry, as well as the full list of games and prizes, please visit www.PalaCasino.com.
About Pala Interactive, LLC Pala Interactive, LLC in an online real money and social gaming operator that was founded in 2013 in anticipation of upcoming U.S. state legislation permitting real-money internet wagering. Focused on delivering an excellent user experience to consumers through its proprietary platform, Pala Interactive plans to be a material market participant in the U.S. regulated online gaming market. The Company's majority shareholder is the Pala Band of Mission Indians, which owns and operates the Pala Casino Spa and Resort in Pala, California.
SOURCE Pala Interactive, LLC
Wednesday, November 18, 2015
Pala Interactive Ramping Up Business
Pala Interactive in the news:
Pala Interactive adds new content and payment method to NJ site
Pala Interactive, the iGaming arm of the Pala Band of Mission Indians, is adding 65 online and mobile games to its New Jersey licensed iGaming offering, alongside a new payment method to ease player deposits.
read full article here-->Pala Interactive adds new content and payment method to NJ site
Also:
New Jersey iPoker Down 2.8% to $1.91m in October
Continuing to lead the Garden State’s iPoker market is the Borgata (PartyPoker/Pala Interactive) with $1,079,478 in revenues last month, while Caesars Interactive (888/WSOP) was a little further behind on $833,925.
Read Full Article Here-->New Jersey iPoker Down 2.8% to $1.91m in October
Winner winner chicken dinner - per caps raise all around next year for PBMI members!
If you want to read the $100 Million MOU setting up Pala Interactive go here.
Here are some excerpts:
NGS3 pursuant to the Development Agreement and for the period of time in between the
Development Agreemcnt and the Operating Agreement and all License Fees and License
application and processing fees for the initial License, in exchange for a 62.5% Percentage
Interest:
(b) NGS3 will contribute the Technology and associated IP. business plan and
expertise in exchange for a 28.5% Percentage Interest.
3.3 "Additional Membership Interests" will be issued as follows:
(a) 5% to the CEO of Pala Interactive: and
(b) 4% to PBMI designated Management.
(c) The Additional Membership Interests will be subject to customary vesting
and other provisions in order to avoid adverse tax consequences to additional Members. the
Additional Membership Interests will be structured as profits interests which will entitle the
Additional members to participate in operating profits and any increase in the equity of Pala
Interactive beyond the initial $100M Capital Contributions through ongoing "Distributions
from Operations" and "Distributions from Capital Transactions'" as defined below.
d) The Board of Directors will have authority to issue additional Membership
Interests in the future, for such consideration and upon such tenns and conditions as they shall
deem prudent, subject to the consent and approval of a Super Majority of the Board andlor the
Members, as further described below. To the extent additional Membership Interests are Issued
in the future, beyond the CEO and PBMI Management contemplated above. all Membership
Interests will be proportionally diluted; provided NGS3's 28.5% interest shall not be subject to
dilution. unless and until PBMI( has contributed its full $70M Capital Contribution.
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(d) Profit Sharing Interests. It is anticipated that Pala Interactive will
establish a phantom stock or other profit sharing plan (the "'Phantom Plan") for key employees
and/or Independent Contractors, pursuant to which those employees will also share in
Distributions of Distributable Cash from Operations and Capital Transactions in accordance
with their respective interests in the Phantom Plan.
3.5 Management. The day to day business and affairs of Pala Interactive will be
managed and conducted by the Managers/Directors. who will function as a Board of Directors.
(a) There will be 5 Directors, 3 to be appointed by PBMI (one of whom will
be the Chairman of PBMI) and 2 to be appointed by NGS3. Generally. decisions of the Board
will require the consent or approval of a majority of the Directors. However, certain "Key
Decisions" will require the consent or approval of "Super Majority" (4 of 5) Directors.
#
(b) The Operating Officers of Pala Interactive are set forth below. Each
Officer will receive a salary and may be eligible to participate in the Phantom Plan~ in
accordance with policies and guidelines to be adopted by the Board. The specific responsibilities
and authority of each Officer will be determined by the Board as well.
ChiefExecutive Officer - Jim Ryan (pending)
ChiefOperating Officer - Reeve Collins
Chief Marketing Officer - TBD
ChiefFinancial Officer - Shauna Anton
ChiefCommunication Officer - Kasey Thompson
ChiefTechnology Officer - Dean Abramson
ChiefStrategic Officer - Bill Bembenek
Pala Interactive adds new content and payment method to NJ site
Pala Interactive, the iGaming arm of the Pala Band of Mission Indians, is adding 65 online and mobile games to its New Jersey licensed iGaming offering, alongside a new payment method to ease player deposits.
read full article here-->Pala Interactive adds new content and payment method to NJ site
Also:
New Jersey iPoker Down 2.8% to $1.91m in October
Continuing to lead the Garden State’s iPoker market is the Borgata (PartyPoker/Pala Interactive) with $1,079,478 in revenues last month, while Caesars Interactive (888/WSOP) was a little further behind on $833,925.
Read Full Article Here-->New Jersey iPoker Down 2.8% to $1.91m in October
Winner winner chicken dinner - per caps raise all around next year for PBMI members!
If you want to read the $100 Million MOU setting up Pala Interactive go here.
Here are some excerpts:
NGS3 pursuant to the Development Agreement and for the period of time in between the
Development Agreemcnt and the Operating Agreement and all License Fees and License
application and processing fees for the initial License, in exchange for a 62.5% Percentage
Interest:
(b) NGS3 will contribute the Technology and associated IP. business plan and
expertise in exchange for a 28.5% Percentage Interest.
3.3 "Additional Membership Interests" will be issued as follows:
(a) 5% to the CEO of Pala Interactive: and
(b) 4% to PBMI designated Management.
(c) The Additional Membership Interests will be subject to customary vesting
and other provisions in order to avoid adverse tax consequences to additional Members. the
Additional Membership Interests will be structured as profits interests which will entitle the
Additional members to participate in operating profits and any increase in the equity of Pala
Interactive beyond the initial $100M Capital Contributions through ongoing "Distributions
from Operations" and "Distributions from Capital Transactions'" as defined below.
d) The Board of Directors will have authority to issue additional Membership
Interests in the future, for such consideration and upon such tenns and conditions as they shall
deem prudent, subject to the consent and approval of a Super Majority of the Board andlor the
Members, as further described below. To the extent additional Membership Interests are Issued
in the future, beyond the CEO and PBMI Management contemplated above. all Membership
Interests will be proportionally diluted; provided NGS3's 28.5% interest shall not be subject to
dilution. unless and until PBMI( has contributed its full $70M Capital Contribution.
#
(d) Profit Sharing Interests. It is anticipated that Pala Interactive will
establish a phantom stock or other profit sharing plan (the "'Phantom Plan") for key employees
and/or Independent Contractors, pursuant to which those employees will also share in
Distributions of Distributable Cash from Operations and Capital Transactions in accordance
with their respective interests in the Phantom Plan.
3.5 Management. The day to day business and affairs of Pala Interactive will be
managed and conducted by the Managers/Directors. who will function as a Board of Directors.
(a) There will be 5 Directors, 3 to be appointed by PBMI (one of whom will
be the Chairman of PBMI) and 2 to be appointed by NGS3. Generally. decisions of the Board
will require the consent or approval of a majority of the Directors. However, certain "Key
Decisions" will require the consent or approval of "Super Majority" (4 of 5) Directors.
#
(b) The Operating Officers of Pala Interactive are set forth below. Each
Officer will receive a salary and may be eligible to participate in the Phantom Plan~ in
accordance with policies and guidelines to be adopted by the Board. The specific responsibilities
and authority of each Officer will be determined by the Board as well.
ChiefExecutive Officer - Jim Ryan (pending)
ChiefOperating Officer - Reeve Collins
Chief Marketing Officer - TBD
ChiefFinancial Officer - Shauna Anton
ChiefCommunication Officer - Kasey Thompson
ChiefTechnology Officer - Dean Abramson
ChiefStrategic Officer - Bill Bembenek
Friday, September 18, 2015
Pala Interactive Launches Cell Phone App - Business Up 25%
Pala Interactive launched a cell phone app so players in New Jersey can play poker on their cell phones. Looks like the $70 million to $100 Million dollar investment PBMI members made into Pala Interactive might be starting to pay off. Rumor has it there could be a bonus from online poker to PBMI members toward the end of this year or early next year. For that kind of investment into a venture one typically looks for a 20% return on investment within 3 to 5 years. Of course nothing is guaranteed and so far there appears to be no hope for California Online Poker in 2015.
Press Release:
Pala Casino launches iOS app in New Jersey
Excerpt:
17 September 2015
Just after Labor Day, Pala Casino quietly rolled out an iOS app, allowing people located within New Jersey to play its online casino games on their iPhone or iPad. Even Pala Interactive CEO Jim Ryan was surprised by how quickly players adopted it.
"We haven't marketed it in any meaningful way up until today, and our business is up 25%," said Ryan.
Read Full Press Release Here-->Pala Casino launches iOS app in New Jersey
Press Release:
Pala Casino launches iOS app in New Jersey
Excerpt:
17 September 2015
Just after Labor Day, Pala Casino quietly rolled out an iOS app, allowing people located within New Jersey to play its online casino games on their iPhone or iPad. Even Pala Interactive CEO Jim Ryan was surprised by how quickly players adopted it.
"We haven't marketed it in any meaningful way up until today, and our business is up 25%," said Ryan.
Read Full Press Release Here-->Pala Casino launches iOS app in New Jersey
Saturday, August 15, 2015
Pala Poker In The News
Pala Poker Waiting On PokerStars Before Entering US Market
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Pala Poker is holding off on paying the ante in New Jersey, and while the company launched its casino product in November of last year, it believes following PokerStars’ anticipated entry in the third-quarter of 2015 is a more opportune time to debut.
“We will offer Pala Poker in the New Jersey market, but we’ll do it after PokerStars launches,” Jim Ryan, Pala Interactive CEO told CalvinAyre.com recently. “PokerStars has taken the position that when they come into the market they’ll increase consumer awareness and the market will grow; we can only hope that that’s accurate.”
Read Full Article Here-->Pala Poker Waiting On PokerStars Before Entering US Market
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Pala Poker is holding off on paying the ante in New Jersey, and while the company launched its casino product in November of last year, it believes following PokerStars’ anticipated entry in the third-quarter of 2015 is a more opportune time to debut.
“We will offer Pala Poker in the New Jersey market, but we’ll do it after PokerStars launches,” Jim Ryan, Pala Interactive CEO told CalvinAyre.com recently. “PokerStars has taken the position that when they come into the market they’ll increase consumer awareness and the market will grow; we can only hope that that’s accurate.”
Read Full Article Here-->Pala Poker Waiting On PokerStars Before Entering US Market
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