News as at Tueday, April 30, 2013

 

 

 

Just a touch of the news stories out today

 

All the latest Market Watch and Vendor Financial Updates are posted in todays Newsletter

 

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Casinos Austria and Austrian Lotteries Group Report Great Results for 2012
New high of net sales in lotteries with best results in its history, casinos in Austria with second-best operating profit ever
VIENNA, Austria (April 23, 2013) -- The Casinos Austria and Austrian Lotteries Group can look back on a very successful 2012. With a consolidated turnover of 3.54 billion euros, a new historic high value could be achieved. The net profit of 42.68 million euro marks the second-highest level in history.

Risaralda Lottery Opens Tender for Concession of Chance

PEREIRA, Colombia (April 28, 2013) -- The Risaralda Lottery (www.loteriadelrisaralda.com) has opened the bidding 001 of 2013, by which it will award the grant for the operation of permanent gambling in the department over the next five years.

Bid Partner Sought for Lotto Licence

Italy's G-Tech Among Frontrunners For Shot At €600m Lottery Contract

DUBLIN, Ireland (April 28, 2013) -- An Post is talking to a number of international lottery companies about making a bid to run the new €600m National Lottery licence.

Lottery Privatization Predicted to Earn $3.7 Billion Over 15 Years

TRENTON, New Jersey (April 27, 2013) -- Others have doubts, but New Jersey Treasurer Andrew Sidamon-Eristoff said the contract with a private enterprise regarding the state lottery would be beneficial to both sides.

Lottery Results Presented to Board

PEREIRA, Colombia (April 28, 2013) -- In presenting the financial results and balance sheet of the company to the Board, chaired by the Governor (e) of Risaralda, Lina Beatriz Rendón, the manager of Lottery Risaralda, Mario Leon Ossa, said that in that period transfers to health for all items were $ 10.623 million, of which $6,287 million related to the granting of permanent gambling (chance).

Significant Growth from Charity Lotteries across the Board

LONDON, UK (April 26, 2013) -- As the sector awaits the long-promised consultation into charity lotteries, the umbrella body representing the sector has reported a 43 per cent growth in the market within one year.

Lottery Contributes Significantly to States Education Budget

WILMINGTON, North Carolina (April 28, 2013) – The North Carolina Lottery has helped to contribute close to $2.7 billion into public education in North Carolina since March 2006. That is about 5 percent of the state's education budget, lottery officials told reporters.

American Indian Tribes Oppose New Jersey's Internet Gambling Measure

ATLANTIC CITY, New Jersey (April 27, 2013) -- Almost immediately after New Jersey legalized Internet gambling, an alliance of American Indian tribes operating thousands of miles away issued a statement decrying the move, accusing the state of weakening gambling license requirements.

Bill to Legalize Cash-Only Sports Betting

SAN FRANCISCO, California (April 28, 2013) -- California State Senator Roderick Wright is pushing for a bill that would legalize cash-only sports betting for everyone who is 21 and older. The bill would limit betting to locations that already allow it, such as race tracks and card rooms, and it would exclude California college sports, according to reports.

Bookmaker Embroiled in Conflict Of Interest

SYDNEY, Australia (April 29, 2013) – Stewards will look to establish whether bookmaker Tom Waterhouse had "privileged information" before Racehorse ‘More Joyous’ recent dismal performance that ignited a media and turf war between his trainer mother Gai Waterhouse and well know Australian Identity and Race Horse owner John Singleton.

Online gambling - No Talk of Liberalization

Lotteries And Casinos Are Sceptical Of Market Opening

Fight Against Illegal Priority

BRUSSELS, Belgium (April 26, 2013) -- Private internet sports betting companies have been lobbying for the liberalization of online gambling in the EU for years, the state monopolist in the market opening are sceptical. Friedrich Stickler, president of the European Lotteries (EL), recognizes the regulatory efforts of the European Commission but said no steps in this direction. "From liberalizing tendencies can be no question at all," he said on Friday.

Czech Republic to Look at Potential of Online Gaming

PRAGUE, Czech Republic (April 28, 2013) -- The Czech Republic has been going through some political changes and now the administration is requesting finance ministers to come up with a new set of rules for online gambling within the next few months. It was revealed the new platform must satisfy the European Commission standards for regulations.

Tabcorp Has Continued To Deliver a Steady Trading Performance

MELBOURNE, Australia (April 29, 2013) -- Wagering and gaming firm Tabcorp has reported a 2.6 per cent lift in third quarter revenue to $480.3 million.

Tatts Group Deal a $90m Blow To Racing Industry

VICTORIA, Australia / BRISBANE, Queensland (April 26, 2013) -- Queensland's racing industry is missing out on tens of millions of dollars every year after its former chiefs ignored legal advice and waived fees of almost $90 million from gaming giant Tatts Group, according to reports.

Lotto Bayern Reports Sales Growth - 3.3 Percent

Already two-Glücksspirale Annuities During the Current Year

BAVARIA, Germany (April 26, 2013) -- Lotto Bayern achieved a sales increase of 3.3 percent in the first quarter of 2013. "The euro jackpot contributed significantly to the positive result of the state gambling services in the Free State at," said Erwin Horak, president of the State Lottery, on the increase in sales.

 

 

 

Online Game Maker’s Shares Fall on Announcement of Second Quarter Loss

SAN FRANCISCO, California (April 27, 2013) -- Shares of Zynga fell 10% in early trading after the online game maker forecast a bigger-than-expected second-quarter loss on concerns about its slow transformation into a gaming company focused on mobiles.

Government Gives Approval for Casino Development by Australian Identity

SYDNEY, Australia (April 29, 2013) – Casino Owner James Packer has reportedly been given approval by the Sri Lankan government to build a $350 million casino and resort complex in the island state's capital of Colombo.

Government Orders Arrest of Casino Owners for Breach of Guidelines

KATHMANDU, Himalaya (April 27, 2013) -- Police today arrested Tapta Bahadur Bista, general manager of Durbar Marg-based Casino Anna, from outside the Annapurna Hotel. It was reported that Officials said Bista had been absconding to evade legal proceedings against him for allowing Nepalese to enter the casino for gambling.