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Melbourne Cup 2010
Down Under Thrilled With Americain Win at Melbourne
Cup, by Greg Tingle
bookies were hoping that So You Think would not win
Tuesdays Melbourne Cup. He was the heavily backed
favorite who ultimately ended up finishing third.
Instead it was Americain who came in first place.
The barely mentioned European-trained horse paid 12/1
odds coming into the race.
You Think had become a bona fide star in Australian
coming into this race, becoming the shortest-priced
favorite in a Melbourne Cup since Veandercross in
1992. By the AM hours he was set at $3.20.
Australia communications manager Bill Richmond told
Wide World of Sports: "There have been a string
of big bets for it over the past 24 hours, including
two bets of $40,000 and two bets of $20,000.
put up $3.70 after the barrier draw on Saturday night,
and the money for this horse has just kept rolling
down under Greg Tingle of Media Man said this on the
biggest horse race of the year, The Melbourne Cup:
Melbourne Cup is as much about corporate sponsorship,
fashion and celebs these days, as it is about the
actually horse race itself. Despite Melbourne raining
cats and dogs most of today about 100,000 people showed
up to witness the race live, and the majority of Australia
took most of the day off to watch it on television
or the web.
workplaces run sweepstakes and its the talk between
businesses, clients and associates. Real work basically
goes on hold for the day. Oh, I have a perfect system
that works every year without fail to make sure I
don't loose on the hardness race in the year to pick.
I don't bet on it, rather, we cover the race and let
people know some of the best places to place bets
on it. Good system hey. Insiders call the Melbourne
Cup a race for mug punters, but I wouldn't be so harsh.
It's a very hard race to pick winners and even places.
Enjoy the fun, fashion, drinks and women, and you
can't go wrong".
finishing order in the 2010 Melbourne Cup:
So You Think
Once Were Wild
failed to finish.
Gambling News: Melbourne Cup Day A Bookies Dream
Usually, by Greg Tingle
Melbourne Cup Day. Here's the tip. Punters, media
and and insiders have backed So You Think to do today
what no horse has done in the 150-year history of
the Melbourne Cup. Trainer Bart Cummings' latest champion
will start the warmest Cup favourite in 39 years and
is entitled to start odds-on according to two of Australia's
most respected form experts. The Melbourne Cup is
regarded as the main event on the Australian racing
calender, and is also thought to be the hardest to
pick a winner! It's a bookies dream (usually).
Packer, Warnie, Celebs Play And Party At Crown Casino...
Derby Day might have been a wash out, but Crown Casino
is on fire. Today's is Australia's 150th Melbourne
Cup, but Crown seems to be getting more than their
fair share of headlines thanks to the Packer / s -
Warnie and friends collaboration and celeb poker tourney.
The Crown Poker Room (home of the Aussie Millions
Poker Championship), played host to the annual ''Joe
Hachem and Shane Warne Charity Poker Tournament''.
Promo talk has it as as the most prestigious fund-raising
poker event on the social calendar, which is about
on the money.
happening nets in Australia's most successful players
(Hachem, Emad Tahtouh), high-profile sports stars
(Warne, Gary Ablett, Kevin Muscat, Aaron Hamill),
influential business leaders (James Packer, Andrew
Bassett, Michael Kroger, Andrew Fox, Jeffrey Browne),
and celebs from down under's Aussiewood (Jason Dundas,
Kris Smith, Michael Gudinski, James Matheson, Fifi
Box). They are looking to raise more than half a million
bucks for sick and needy kids in Australia via The
Shane Warne Foundation. Media Man understands that
more than 350 punters paid $1000 each to take a seat
at this event. The Packer family and the super A-list
spent Saturday night at their traditional karaoke
party, which is nestled away in one of the finest,
most exclusive parts of the casino.
you might imagine the Victoria Racing Club is praying
for much better weather today for The Cup after Saturday's
raining cats and dogs which turned Flemington's Birdcage
and many of its guests into quite the country barn
yard, with jokes among patrons and staff of mud wrestling,
Noah's Ark, Mission: Impossible, Water World being
a bit of light relief. We'll be getting back to our
vast and loyal readership with more from Crown Casino
and the tourney very soon, so stay tuned. Well done
Crown Casino, Packer, Warnie and all you 'Aussie Gumleaf
Mafia' out there. It's a been a huge week in the world
of casino and poker news, and we're pleased to finish
on this high note.
Casino Proposal Still Alive; Not Dead Yet!...
ALP says a proposal for a casino in Mildura is not
dead, despite the Coalition and Greens refusing to
support it. The Government has always indicated the
casino would require bipartisan to go ahead but the
Opposition parties now say the social costs are too
high. However, the ALP's Member for Northern Victoria,
Candy Broad, says an interdepartmental inquiry looking
at the $400 million project will run its course. "We
believe the Nationals and Liberals are letting down
Victorians in the Mildura region by refusing to even
support an investigation into the social and economic
impacts of the proposal," she said. "The
fact is that no-one can be certain what the social
and economic impacts of this proposal are until they
have been assessed. "It remains our view that
this proposal could potentially create jobs and investment
in the area, that is why we set up an interdepartmental
(inquiry) committed to look at the proposal and evaluate
its impact on the Mildura region - we intend to continue
with that investigation."
Sector Compensated For Online Betting!...
Australia's racing industries have reached a settlement
they say will ensure them adequate compensation as
punters increasingly turn to the internet to bet.
Bookmaker Sportsbet has dropped legal action that
was blocking payments being made to horse and greyhound
racing in SA. Thoroughbred Racing SA estimates the
breakthrough will mean an annual return from all online
bookmakers of approximately $5.5 million annually
for its operations. Chief executive Jim Watters believes
the success of the negotiations was critical for prize
money and the future of racing generally. "Without
the introduction of that (payment) very seriously
it was going to undermine the racing industry in South
Australia," he said.
Singleton And Mark Carnegie Buy Bellevue Hotel; Pokie
VS Entertainment Debate...
advertising and horse racing king John Singleton and
investment banker friend Mark Carnegie are set to
add to their pub empire with the purchase of Paddington
landmark (in Sydney) The Bellevue Hotel. The famous
watering hole in Hargrave Street is owned by well-known
chef Damien Pignolet. His co-owner, psychologist Ron
White, passed away in May while on a walking holiday
in Britain. The pair bought The Bellevue from publican
Susie Carleton and political lobbyist Eric Walsh for
$5.5 million in 2004. Under Carleton and Walsh's 25-year
Bellevue was a renowned Labor party haunt, the scene
of wild celebrations for former Aussie PM Paul Keating's
''True Believers'' victory and an even wilder one
to celebrate the life of Labor stalwart Mick Young.
The purchase price for The Bellevue has not been disclosed
as yet. Singleton and Carnegie have bought a string
of hotels this year including Kinselas in Darlinghurst
for $12 million and the Manly hotel The Steyne for
about $28 million. They also bought the Peakhurst
Hotel earlier this year from bankrupt publican Richard
Wynne for about half the $20 million that Mr Wynne
paid for it only a year earlier. The pub investments
are being done through Carnegie and Singleton's bankrolling
of the Riversdale group, run by Paddy Coughlan and
hotel industry has slumped over the past 18 months.
Many hotels have been selling for greatly reduced
prices. According to Coughlan, many publicans have
relied too heavily on profits from poker machines
and have not paid enough attention to hospitality.
The consortium's plans for Kinselas include refurbishment
of the upstairs bar and the opening of an entertainment
venue on the third floor. It is likely that Singleton
and Carnegie will add more pubs to their impressive
portfolio. Coughlan said the group had between $50
and $100 million to buy distressed hotels. ''Once
we reach our initial target of $100 million we plan
to take the distressed pub fund public with the backing
of our consortium and investors,'' Coughlan has said
previously. Singo is understood to have an interest
in getting into the online gambling sector and raping
up the horse racing sector on the internet, and Media
Man will be putting forward a proposal on this in
the coming months. Watch this space.
Gambling Wars: Tatts Group Eyes Tabcorp!...
Group chief Dick McIlwain has confirmed his company's
interest in acquiring Tabcorp's wagering and gaming
business. He revealed that he would be closely monitoring
his rival's planned demerger over the coming months.
Speaking outside the Tatts AGM a couple of days ago,
McIlwain said the two companies had held numerous
discussions about potential transactions over recent
years but had failed to agree on price.
part of (Tabcorp's) business -- the gambling business
-- is of some interest to us. It's the same kind of
business as us," he told News Limited "It's
got to happen first. We've got to see the consequences
of (the demerger) and what it does for the share price
of the ongoing part of the business. We're not in
in Tabcorp have risen strongly since the company last
week announced its plan to split its casinos business
from the main gaming and wagering group. Several analysts
say the move will position the company for a takeover.
Mr McIlwain agreed that the demerger had merit, pointing
out that the business of running casinos and hotels,
which typically required significant ongoing investment
for facility upgrades, was different to running a
gambling business where cashflows and earnings were
it does do is it makes it easier for investors to
choose. It makes it easier for shareholders and makes
it easier for acquirers as well," he said.
Tatts only recently completed its acquisition of NSW
Lotteries, which it expects to contribute a further
$120 million in operating earnings by 2014, Mr McIlwain
said a sound balance sheet ensured the company remained
"opportunistic" and "acquisition-enabled".
recently reported a $119m profit for the year to June
30, down from $277.4m the previous year on the back
of a writedown to its loss-making British gaming venture
Talarius. Following a tough period for most companies
exposed to discretionary spending, signs of renewed
confidence in the economy were starting to emerge.
McIlwain said. "Consumers, punters, players .
. . have started to put their hands deeper into their
pockets now," he said.
told the meeting that revenue and profits across the
group had improved since July 1. And while he noted
that the analysts' consensus was for underlying operating
earnings to increase from $560m to $650m in 2011.
It appears there's a strong chance that Tatt's will
grab Tabcorp's wagering business, but this may take
months or even over a year to happen. First the demerger,
than things should fall into place.
er, punters, how did you like our report today? Who's
looking good for the Melbourne Cup? Any favorite games
we should know about? Tell us in the forum.
you have a bet, please bet with your head, not over
it, and for God's sake, have fun.
Tingle is a special contributor for Gambling911
Man is primarily a media, publicity and internet portal
development company. They cover a dozen industry sectors
including gaming and offer political commentary and
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of the Month: Crown Casino
1 Grand Prix Melbourne
Airlines (shortened form: Emirates) ( is an airline
based in Dubai, United Arab Emirates owned by The
Emirates Group. It operates services to the Middle
East, Far East, Europe, Africa, Indian subcontinent,
Asia-Pacific and North America. Its main base is Dubai
The airline was established in May 1985 by the Dubai
government. It started operations with flights to
Mumbai (Bombay) and Delhi followed by Karachi in September.
A single Airbus A300 and a Boeing 737-300 were leased
from Pakistan International Airlines (PIA). Subsequently
two Boeing 727-200 Advanced were acquired from the
UAE's Royal Flight. These aircraft were used until
Emirates began taking delivery of a fleet of newly
built Airbus A300-600R and A310-300 widebodied aircraft.
It has been awarded a four star ranking from Skytrax.
first European destination to be added in July 1987
was London-Gatwick. Far Eastern operations commenced
to Singapore in June 1990. Emirates acquired a financial
stake of 40% and a management contract for Air Lanka
on 1 April 1998, which subsequently changed its name
to Sri Lankan Airlines. Emirates SkyCargo is the cargo
subsidiary of Emirates.
received the prestigious airline of the year award
for the first time in 2001 and repeated the feat on
2002 to become a two time award winner of the airline
of the year.
200405, Emirates paid an increased dividend
of Dh368 million to the Government of Dubai, compared
to Dh329 million the year before. In total, the ownership
received Dh1.1 billion from Emirates since dividends
started being paid in 1999. Having provided an initial
start-up capital of US$10m plus and an additional
investment of circa US$80m at the time of the airline's
inception, the Dubai government is the sole owner
of the company. However, it does not put any new money
into it, nor does it interfere with running the airline.
November 2006 it was announced that Emirates had signed
a deal with mobile communications form AeroMobile.
This will allow passengers on board Emirates flights
to use their mobile phones to call or text people
on the ground. This is the first airline in aviation
history to confirm a deal which will allow passengers
to use their personal mobile phone in early January
2007 on selected Boeing 777.
won the award for best inflight entertainment 2006
from Skytrax, because of their ICE (information communication
entertainment) system, with the biggest selling point
being over 500 channels of Movies, Television and
has begun construction on its own luxury five star
hotel and towers. It is located next to Dnata headquarters
on the Sheikh Zayed highway.
mid-2007, Emirates will feature docking capability
for Apple Computer's iPod portable music and video
player. This will allow the device's battery to be
charged, but will also allow integration with Emirates'
In-flight Entertainment (IFE) system. This will also
enable the IFE system to play music, television shows,
or movies stored on the iPod, as well as function
as a control system.
the 20th of February 2007, Emirates was named the
UAE's top brand among 25 other local firms. It has
a base value of US$ 6.3 billion.
Emirates Airline's commercial success is based on
the following principles:
An Airbus A380 seen painted in the Emirates Airlines
colors at the 2005 Dubai Airshow.It has a very lean
workforce, comparable to the leading low-cost "no
frills" airlines rather than other traditional
"flag carriers". This, along with a simpler
organisational structure, allows the airline to maintain
low overhead costs. Its low cost base, which some
industry analysts believe is second only to Ryanair
on a cash cost per seat basis, allows it to profitably
serve secondary destinations as well as connect such
places via its global Dubai hub.
Emirates has so far refused to join any of the major
global airline alliances and questions the advantages
such alliances bring for the airlines as well as their
customers, especially after taking into consideration
the high costs of compliance of alliance membership.
It operates an all-widebody fleet resulting in lower
unit costs compared with airlines operating mixed
narrow/wide-body fleets. This enables Emirates to
use these aircraft's cargo capacity to boost its overall
revenues and total profits, especially at times when
the passenger business passes through a seasonal trough
or when an economic downturn adversely impacts the
passenger numbers. Its Dubai hub also allows it to
take advantage of increasing cargo business between
China/India and West Africa.
It operates a young, fuel-efficient fleet.
As a "youthful" company Emirates has virtually
no legacy costs compared with its older, established
peers. (It also helps that all forms of strikes are
banned in the UAE.)
Place in airline industry
Large discounts offered by Airbus and Boeing to any
airline willing to order new aircraft from either
manufacturer during the economic downturn caused by
the 9/11 attacks as well as Emirates' strong financial
position compared with most of its competitors at
the time, enabled the airline to take advantage of
this situation by placing huge orders for up to 150
long-haul widebodied jets. These orders included both
an order for 45 Airbus A380 "super jumbos"
as well as a major order for Boeing's increasingly
popular 777-300ER that will make Emirates the world's
largest 777 operator. Emirates also managed to transform
itself from a small- to medium-sized regional airline
into a global carrier as a result of placing these
The established network carriers in Europe and Australia,
i.e. Air France-KLM, British Airways, Lufthansa, and
Qantas, perceive Emirates' strategic decision to reposition
itself as a global carrier as a major threat because
it increasingly enables an ever-growing number of
air travellers to by-pass traditional airline hubs
such as London Heathrow, Paris Charles de Gaulle,
and Frankfurt on their way between Europe/North America
and Asia/Australia by changing flights in Dubai instead.
These carriers also find it difficult to deal with
the growing competitive threat Emirates poses to their
business because of their much higher cost base. Some
of these carriersnotably Air France and Qantasare
so concerned about the detrimental effects of Emirates'
growth on their future ability to compete with it
on a level playing field that they have resorted to
openly accusing their Dubai-based rival of receiving
hidden state subsidies and of maintaining too cosy
a relationship with Dubai's airport authority as well
as its aviation authority, both of which are also
wholly state-owned entities that share the same government
owner with the airline. In addition, they have also
accused Emirates of taking unfair advantage of its
government shareholder's sovereign borrower status.
They claim that this masks its true financial performance
and reduces its borrowing costs below market rates.
average age of the Emirates fleet is 5.4 years as
of February 2007.
has ordered 45 airbus A380 aircraft. It will be the
third airline to receive the aircraft, after launch
airline Singapore Airlines and Qantas. Forty-one passenger
A380-800s are to be purchased and two are to be leased
from International Lease Finance Corporation (ILFC).
Two freighter A380-800Fs were ordered for Emirates
SkyCargo. However, this was changed to the passenger
model in May 2006. Their first A380 was to enter service
in October 2006 but will now not be delivered until
As of November 20, 2005, Emirates had an orderbook
of Dh990 billion, comprising 105 firm orders, including
45 Airbus A380s (by far the largest of any carrier),
Emirates is still evaluating both Boeing's 787 and
Airbus's A350. Boeing is now planning to create a
larger 787 called the 787-10 in response to Emirates'
and other airlines requirement for a larger aircraft
than the already launched Boeing 787-8 and Boeing
On October 27, 2006, Emirates announced that it cancelled
its order for 20 Airbus A340-600 aircraft, citing
that they believed the A340 lacked the technology
offered by more up-to-date planes. They also cancelled
the A380 Airbus A380Fs which were due for delivery
in 2009. Instead the airline has opted to order ten
of the recently launched 747-8 freighters for its
SkyCargo subsidiary at the 2006 Farnborough Air Show,
much to the annoyance of Airbus which has accused
Boeing of intentionally misleading airlines about
the capabilities of its new Airbus A380-800F freighter.
 The reason Emirates has chosen the
Boeing 747-8 "derivative" freighter over
the all-new Airbus A380F is the Boeing aircraft's
nose-loading capability, something the rival Airbus
freighter is lacking. In addition, Emirates also said
that it was evaluating the 747-8I, the yet to be launched
passenger version of the Boeing 747-8, especially
the "stretched" version now studied by Boeing
which would incorporate the same 5.6m stretch as the
freight variant instead of the mere 3.6m stretch currently
envisaged for the passenger model. This would bring
the -8I's capacity closer to the A380-800's typical
three-class 555-seat capacity (470 seats in a three-class-configuration
instead of 450).
Skywards is frequent flyer program of Emirates, SriLankan
Airlines and other Emirates travel partners. Miles
are earned through flights with Emirates and SriLankan,
or with cooperating airlines such as include Continental
Airlines, Japan Airlines, Korean Air, South African
Airways, and United Airlines. Like many frequent flyer
programs, Skywards offers a tier model of Silver and
Gold, which gives additional benefits based upon miles
flown in a year.
Emirates is a big global sponsor of sports clubs and
events, both at its home base and in the main overseas
markets it serves. It also sponsors the annual "Dubai
Shopping Festival". As the airline lacks a "ready-made"
clientele in its almost non-existent home market,
this type of corporate sponsorship is its most effective
marketing tool. Perhaps unsurprisingly, for Emirates
marketing expenses account for a far greater share
of its total costs than for most of its competitors.In
the English speaking world the sponsership always
carries the words "Fly Emirates".
present the company provides the following sponsorships:
has sponsored the Austrialian cricket team (defending
champions) and hosts West Indies for the Cricket World
Emirates has sponsored the Rugby World Cup 2007. This
is the second rugby related sponsorship after the
Dubai Rugby 7s.
Emirates is the title sponsor of the Dubai World Cup
thoroughbred horse race and was a major sponsor of
the 2003 FIFA Women's World Cup.
Emirates is also the title and main sponsor of the
Melbourne Cup (Australia's richest horse race)
Emirates was the Official Airline of the 2006 FIFA
Emirates is the main sponsor behind the America's
Cup challenge team Emirates Team New Zealand, made
from the remnants of Team New Zealand who won the
cup in 1996, and defended in 2000 before losing it
Emirates is sponsor of Collingwood Football Club
Emirates is the main sponsor of Arsenal F.C. of the
English Premier League, and has its name on Arsenal's
new stadium, Emirates Stadium, until June 2020, and
is the shirt sponsor until 2014.
Emirates also holds the sponsorship rights for cricket
umpires and association football referees.
Emirates is now the major sponsor of new Super 14's
the Emirates Western Force
Emirates is also involved in the IRB Sevens World
Emirates was the sponsor of Chelsea F.C.
Emirates is the sponsor of the football club Hamburger
SV in the Bundesliga
Emirates announced before the start of the 2006 Formula
1 Championship that they had signed a sponsorship
deal with Team McLaren Mercedes.
Emirates is a sponsor for the Breeders' Cup Filly
& Mare Turf division.
Emirates is the sponsor of Paris Saint-Germain football
Emirates became the first company to sponsor two teams
in one UEFA Champions League match in 2006, with Hamburger
SV facing Arsenal F.C.. Under UEFA regulations, one
sponsor cannot appear on both teams' shirts, so for
both games, the away side had "Dubai" on
their shirts, with the home team wearing Emirates
Emirates sponsors the Dubai Desert Classic golf tournament.
Emirates is the main sponsor of the Dubai Rugby 7s
Incidents and accidents
An Airbus A340-313X of Emirates ran off the runway
when taking off from Johannesburg International Airport
on April 9, 2004. At the call to rotate, the pilot
flying pulled back on the stick. However, according
to a report, the nose was then de-rotated and the
aircraft did not become airborne. The crew felt a
rumbling, selected full power, and about two seconds
later the aircraft lifted off the ground. The airport
says 25 runway threshold and approach lights, and
part of the runway surface, were damaged as the aircraft
went over the end of 21R.
An Airbus A330-243 en route Dubai-Vienna (Flight EK127)
declared an emergency shortly after taking off on
May 28, 2006. The aircraft returned for an emergency
landing at the Dubai International Airport.