Saturday 27 April 2013

News Updates as at April 26, 2013




Privatisation Agency Extends Time For OPAP Bid
ATHENS, Greece (April 25, 2013) -- Greece?s privatisation agency has given Greek-Czech fund Emma Delta more time to improve its bid to buy a controlling stake in gaming firm OPAP, an official directly involved in the sale talks



 
 
Lottery Remains Unchanged in legislative Session
LITTLE ROCK, Arkansas (April 25, 2013) -- Arkansas lottery players don't have to worry about lower payouts being introduced but college students whose scholarships are funded by the lottery proceeds will receive lower payments for most of their time in school.
 
 
 
Texas Lottery's Future is Still Uncertain
AUSTIN, Texas (April 25, 2013) -- As expected, the Texas House of Representatives on Wednesday gave final approval to a bill that would reauthorize the existence of the Texas Lottery for another 12 years. However, a two-hour floor debate and 10 amendments filed - highly unusual in the final vote of bill - plus what happened the day before suggest the long-range future of the 20-year-old institution is uncertain.
 
 
 
Bill to Ban Internet Cafes Moves Forward
COLUMBUS, Ohio (April 24, 2013) -- Leaders in the Republican-controlled Ohio Senate said Wednesday that they will move swiftly to ban Internet cafes. House Bill 7, which would essentially outlaw Internet cafes, or sweepstakes parlors, by capping prizes and banning cash giveaways, moved quickly through the GOP-dominated House in March.
 
 
 
Tribe Outlines Plan to Put Casino in Medford
MEDFORD, Oregon (April 23, 2013) - It's a controversial proposal that's pitting one Native American tribe against another. On Tuesday in a packed room, the Coquille Tribe outlined their plan to put a casino on South Pacific Highway in Medford
 
 
Italian Lottery Operator Selects Ingenico for POS Network Overhaul
GRENELLE, Paris (April 24, 2013) -- Ingenico, leading worldwide provider of payment solutions, today announces it has been selected by Lottomatica to renew and manage its whole network of POS terminals to become the most extensive contactless/NFC network in Italy.
 
 
 
Net Entertainment releases Space Wars video slot
STOCKHOLM, Sweden (April 24, 2013) -- Net Entertainment, the world's leading provider of high-quality online casino games, announces the launch of its latest video slot, Space Wars™.
 
 
 
OPAP Shares fall After Request for Increase in Offer
ATHENS, Greece (April 25, 2013) -- Opap SA (OPAP) fell after Greece's state asset sales fund asked Emma Delta, the only group to submit a valid binding bid for a 33 percent stake in Greece's biggest gambling company, to raise its offer.
 
 
 
Swiss Gaming Industry Sees Drop in Revenue
GENEVA, Switzerland (April 25, 2013) -- Last year wasn't so lucky for a major casino company. Swiss Casino Holding, which owns the majority share of four establishments in the German-speaking part of the country, posted a loss of nearly 8 million francs
 
 
 
Boyd Gaming Commences Exchange Offer For 9% Senior Notes Due 2020
LAS VEGAS, (April 24, 2013) -- Boyd Gaming Corporation (NYSE: BYD) announced today that it has commenced an exchange offer for eligible holders to exchange any and all of the company's outstanding 9% Senior Notes due 2020
 
 
 
Investors Applaud Casino's Split Decision
LAS VEGAS (April 23, 2013) -- Investors rallied around casino giant Caesars Entertainment Corp. (CZR +3.33%) Tuesday after the company said it would split off a portion of its interactive business and some other assets to form a new company in a $1.2 billion deal.
 
 
 
Casino Revenue Expected to Grow by 15 Percent
MACAU (April 24, 2013) -- Macau's April casino gross gaming revenue could grow between 8 percent and 15 percent year-on-year, according to the latest estimates.
 
 
 
Gaming Company Sees Fall in Shares after Quarter Results Posted
NEW YORK, NY (April 25, 2013) -- Zynga Inc.'s surprise profit in the first three months of the year got overshadowed by a revenue decline, a drop in the number of users and a lower-than-expected second-quarter forecast.
 
 
 
Entertainment Gaming Asia Announce Opening of Casino in Poipet, Cambodia
HONG KONG (April 24, 2013) -- Entertainment Gaming Asia Inc. (NASDAQ: EGT) ("Entertainment Gaming Asia" or "the Company"), a leading gaming company focused on emerging gaming markets in Pan-Asia, is pleased to announce the grand opening of Dreamworld Club in Poipet, Cambodia
 
 
 
Sportsbet Chairman Steps Down
MELBOURNE, Victoria (April 25, 2013) --Young Melbourne bookmaker Matt Tripp has stepped down as chairman of major corporate firm Sportsbet, the Courier Mail reports. Tripp, 38, took over the company almost eight years ago and transformed it from the verge of bankruptcy. The $250,000 acquisition became a $380 million success when he sold the company to Irish giant Paddy Power in December of 2010.
 


 
Turkish National Lottery Signs Agreement in Privatization Process
ANKARA, Turkey (April 24, 2013) --Turkey's Privatization Authority has signed an agreement with Pglobal to ease the privatization process of the games of chance unit of the Turkish National Lottery, which is planned for the second quarter of 2013.
 
 
 

 
Only Suitor for Greek Monopoly Says Offer is Fair and Open
ATHENS, Greece (April 23, 2013) -- Greek-Czech fund Emma Delta, the only remaining suitor in the race for the privatisation of Greek gambling monopoly OPAP, declined to say on Tuesday if it would raise its offer for the company, as Athens has asked it to do.
 
 
 
Singapore Keeps Watch on U.S Regulatory Proceedings
MACAU, SAR (April 23, 2013) -- The Casino Regulatory Authority of Singapore has renewed the casino licence of Las Vegas Sands Corp.'s Marina Bay Sands resort in the city "for another three years with effect from 26 April 2013," it said in a statement.
 
 
EveryMatrix Granted Alderney Gambling Equipment License by the Alderney Gambling Control Commission
LONDON, UK (April 23, 2013) --The EveryMatrix company, OddsMatrix Software was in the past week awarded a Foreign Gambling Associate Certificate in Alderney, through which EveryMatrix products are now available to all holders of an Alderney Category 1 gambling license. EveryMatrix has already agreed terms with two Category 1 licensees and both are currently at integration stage. Both will be announced and launched within the coming weeks.

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