Thursday 14 March 2013

News from my Desk March 15, 2013 @ 6AM



There is a stack of news coming out today...... but here is just a sample until our Daily News is out soon

Full year global lottery sales up by 7.7%; growth driven by Asia Pacific and the Americas
BASEL, Switzerland (March 13, 2013) -- In 2012, full-year on full-year global lottery sales grew 7.7%, with sales moderating in the final three months of 2012 after a strong first nine months of the year.

Lottery Winners to have Major Prize Monies deducted of any Back Taxes at Collection
CHARLESTON, West Virginia (March 13, 2013) -- Future West Virginia lottery winners who owe past-due state taxes would see their prizes get lighter through a proposal advancing this legislative session.
 
Positive Development For Svenska Spel
STOCKHOLM, Sweden (March 13, 2013) - The Svenska Spel group returned a profit after financial items and tax for 2012 of SEK 5,138 million, which is an increase of SEK 132 million (2.6%) compared with 2011.

Betfair Embarks on Restructure of its PR Communications Team
Betfair's head of corporate communications is set to leave as the betting exchange as it makes deep cuts to its PR team
LONDON< UK (March 13, 2013) -- Leonie Foster is set to rejoin former employer BAE in a senior communications role after less than a year at Betfair as an already pared-down team at the online bookmaker faces further cuts
 
Florida’s Lieutenant Governor Resigns amidst Legal Investigations into Internet Cafe
TALLAHASSEE, Florida (March 13, 2013) -- Florida's lieutenant governor has resigned because of her ties to an Internet cafe company that is now under federal investigation.
 
US Senate to Begin Hearings on Lottery Scam
KINGSTON, Jamaica (March 13, 2013) -- The United Senate is set to begin hearing testimony on the effects of the deadly lottery scam originating in Jamaica today.
Legislature gives initial approval to Bill to Allow Betting on Historical Horse Races
LINCOLN, Nebraska (March 13, 2013) -- After eight hours of debate over four days, a measure that could ultimately allow betting on so-called historical horse races at Nebraska's thoroughbred race tracks gained first-round approval Wednesday.
Gambling compact with Navajo Nation goes to New Mexico Senate with Recommendation for Approval
SANTA FE, New Mexico (March 13, 2013) -- A legislative panel is recommending that New Mexico lawmakers approve a gambling compact with the Navajo Nation allowing it to operate five casinos.
Regulators Postpone Hearing Related to Purchase of Atlantic City Casino
More Time required ascertaining if a National Casino Association can Participate in the Licensing Process
ATLANTIC CITY, New Jersey (March 13, 2013) -- Reports on Wednesday afternoon that New Jersey casino regulators have postponed the hearing relating to the parent company of PokerStars.com’s intention to buy the
The Two-Year Anniversary of OPAP TV
ATHENS, Greece (March 12, 2013) -- This February, OPAP TV celebrated its two years on the air. With its daily program, OPAP TV promotes OPAP games and attempts to cover every aspect of sports events and social initiatives.
 
Advertising Restrictions Lifted on German Operator GWin
STUTTGART, Germany (March 13, 2013) -- The State-licensed Lottery provider GWin today is one of the first applicants to obtain advertising permission for its gaming products.
West Virginia Lottery Projected to Meet Budget Estimates
CHARLESTON, West Virginia (March 13, 2013) -- Although the West Virginia Lottery Commission had to decrease projections for 2011 and 2012, lottery revenues are on track to meet budget estimates.
888 Holdings PLC Positioned to be a Front Starter when the US Internet Betting Market Opens
LONDON, UK (Match 13, 2013) -- European online betting firms' previous U.S. experience and their record of expanding abroad will give them the edge over rivals when the U.S. market
Manila Set to Hold Centre Stage as a Gambling Destination
MANILA, Philippines (March 13, 2013) -- The Philippines is intending to join the world's elite gaming destinations, with the launch of a $1.2-billion casino on Manila Bay.
Belle Corp Seals Deal with Hong Kong-based Melco Crown Entertainment
MANILA, Philippines (March 13, 2013) -- Sy-controlled Belle Corp. said it has finally sealed its deal with Hong Kong-based Melco Crown Entertainment for the operation of an integrated hotel and casino in the Entertainment City after several months of delay.
 
Revel Casino to Undergo Management Re Structure
ATLANTIC CITY, New Jersey (March 13, 2013) -- The owners of the struggling Revel casino in Atlantic City are planning to announce
OpenBet CEO David Loveday Resigns to Pursue Other Opportunities
LONDON, UK (March 13, 2013) -- Online gaming platform provider OpenBet has begun the search for a new CEO following the departure of David Loveday after more than eleven years in the role

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