Sunday 12 May 2013

News updates as at Monday May 13, 2013





Poker Machine Changes will Greatly Impact Smaller Clubs and Grass Roots Sporting Bodies
ADELAIDE, South Australia (May 11, 2013) -- Leading SANFL clubs warn junior football development and community funding are under threat from new poker machine reforms they say will benefit larger venues.

 

Casino Reports 40% Drop in Revenue
ATLANTIC CITY, New Jersey (May 12, 2013) -- New Casino Revel in Atlantic City is about to enter bankruptcy just over a year after opening and the numbers have only gotten worse according to recently disclosed earnings.

 

New Gambling Measure Inject Hope into Racing Industry
DAYTON, Ohio (May 11, 2013) -- Ohio's horse racing industry is showing signs of rebounding. According to reports from the local news sources, better times are expected for horse racing in Ohio now that new gambling rules are allowing tracks to add slots-like gambling that will pump millions into the horse industry.

 

Ruling in Tatts Group Favour Will See Profits Swell
MELBOURNE, Victoria (May 13, 2013) -- Tatts Group Ltd will book an extra $16.2 million in net profit for the full year after settling a Federal Court action against the Australian Taxation Office
 
 
 
 
Government Advised to Push Social Responsibility as Part of Lotto Sale
DUBLIN, Ireland (May 11, 2013) -- As the Government prepares for the controversial €600m sale of the National Lottery, a world expert on internet gambling has warned Minister Brendan Howlin he must introduce measures to protect players from addiction as part of a social responsibility charter imposed on the new private operator.
 
Lottery Offers Free Powerball Tickets in Promotion
INDIANAPOLIS, Indiana (May 11, 2013) - Lottery players attended a promotion in droves on Saturday morning at the east-side Richmond Speedway store. Local news outlets reported that Hoosier Lottery officials handed out Powerball tickets free to the first 270 people to claim them in advance of Saturday night's $270 million jackpot.
 
Lottery to Lay Foundations for Online Ticket Sales
LANSING, Michigan (May 11, 2013) -- This week, Michigan officials announced that the state intends to launch an online lottery system called iLottery where bettors can purchase lotto tickets on the Internet. On Wednesday, Governor Rick Snyder sought more than $3 million from the Michigan State Legislature to fund the gaming initiative.
 
Shares Rise on Announcement of Sky City Deal
AUCKLAND, New Zealand (May 13, 2013) -- SkyCity Entertainment Group shares rose to the highest level in 5½ years after the Auckland-based casino and hotel company inked a deal to build a $402 million convention centre in exchange for increased gambling concessions. According to the 'National Business Review,' shares in SkyCity rose 3.4 percent to $4.55, the highest since November 2007, after the deal was announced in Auckland by Economic Development Minister Steven Joyce and SkyCity chief executive Nigel Morrison.
 
 
 
Regulator approves Crown increase in Echo
SYDNEY, Australia (May 10, 2013) -- The NSW gaming regulator has approved an increase in Crown's share in rival casino ... However, NSW's Independent Liquor and Gaming Authority (ILGA) has
 
Lottery to Add Hot Lotto to its Line Up of Games
NASHVILLE, Tennessee (May 10, 2013) -- The Tennessee Lottery is adding a sixth drawing-style game to its line-up of games and this one pays the withholding taxes.
 
 
Mega Jackpots, Mega Winnings, Mega Millions® Is Coming Tickets Sales Begin This Week
TALLAHASSEE, Florida (May 9, 2013) -- Florida Lottery players will soon have the opportunity to win another multi-state, mega-jackpot game, when MEGA MILLIONS® makes its debut in the Sunshine State on Wednesday, May 15. Florida will become the 43rd state to join the game, which is also offered in the District of Columbia and the U.S. Virgin Islands.
 
 
Lottery to Review Process for Consideration of Casino Location
ONTARIO, Canada (May 9, 2013) -- The Ontario Lottery and Gaming Corporation reportedly says it will review its rules when it comes to considering casinos for municipalities that have more than one tier of government
 
 
Risky Business - New Study Seeks To Probe Gambling Mindset
SYDNEY, Australia (May 10, 2013) -- Problem gambling imposes serious costs on the community but we understand surprisingly little about how individuals perceive the risks associated with gambling.
 
 
Betting Exchange Regulations Into Force!
Article by Giulio Coraggio
ITALY (May 9, 2013) -- The Italian betting exchange regulations have been just published on the Official Gazette and will soon come into force. But the question is what will be the effect of betting exchange games in the Italian market?
 
Métier Announce California Lottery as a New Customer
California Lottery Selects Métier's Project Portfolio Management Software and Services to Enhance Visibility and Propel Organizational Maturity
HEALDSBURG, California (May 9, 2013) -- California Lottery, one of the fastest growing lotteries in the United States, announced today their partnership with project portfolio management (PPM) firm, Métier. California Lottery selected Métier's PPM-as-a-Service and PMO-as-a-Service offerings to enhance visibility and drive PPM maturity within the organization.
 
Golden Addition to Microgaming's Multi-Player Portfolio
ISLE OF MAN (May 10, 2013) -- Microgaming (www.microgaming.co.uk) is set to release the fifteenth tournament slot to its multi-player portfolio, with popular title Gold Factory. Gold Factory is a five reel, 50 payline slot where players travel by all forms of transportation - hot air balloon, submarine or train - to get to the Gold Factory. Vibrant and colourful
 
Leap Forward Announces Closing of Financing from Macquarie Capital
RENO, Nevada (May 9, 2013) -- Leap Forward Gaming, Inc. (LFG), a leader in providing gaming industry solutions, announced today that Macquarie Capital has committed to and funded a substantial financing package for LFG, including both debt and warrants.
 
Inspired Virtual Sports Expand Online In Asia Following Deal With Oneworks™
Inspired signs a licence deal for its award winning Virtual Sports with one of the major Asian online platform providers, ONEworks™
LONDON, UK (May 9, 2013) -- Inspired Gaming Group (Inspired), the world's leading supplier of virtual sports betting products is delighted to announce an agreement with one of Asia's largest sportsbook platform providers, ONEworks™.
 
Competition for Control of Casino Intensifies
SYDNEY, Australia (May 1, 2013) -- Billionaire James Packer won regulatory approval to lift Crown Ltd. (CWN)'s stake in rival Echo Entertainment Group Ltd. (EGP), intensifying competition for control of Sydney's only casino.
 
Lottomatica invests in successful OPAP bidder Emma Delta
ATHENS, Greece (May 9, 2013) -- Italy's Lottomatica Group has confirmed that it has made a strategic investment to acquire a minority interest in one of the funds that comprise Emma Delta, the successful bidder of an international tender to acquire the Greek government's 33 per cent stake in gambling operator OPAP.
 
American Gaming Association president and CEO Honoured at Gaming Summit
(May 10, 2013) -- The 20th Southern Gaming Summit in the US opened on Wednesday with a standing ovation for Frank Fahrenkopf Jnr, the retiring American Gaming Association president and CEO, who has led the group since its inception in 1995.

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