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Saturday 27 April 2013
News as at Saturday April 27th - 2013
The latest news has been posted today to our dedicated subscriber Breaking News page
http://lotteryinsider.com/news/blog_Headlines/breaking_news.htm
All the latest News.
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
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.
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.
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.
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
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.
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™.
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.
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
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
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.
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.
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.
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
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.
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.
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.
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.
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.
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.
Tuesday 23 April 2013
News Update from Lottery Insider for Wednesday April 24, 2013
Lottery Insider's Breaking News
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Final Vote Sees Sense and
Continues Texas Lottery
AUSTIN, Texas (April 23, 2013) -- In a 91-53 vote Tuesday afternoon, the Texas House passed House Bill 2197, continuing the Texas Lottery Commission. An earlier vote Tuesday had failed to continue the commission. Bill supporters spent the hour after the first vote impressing on those who voted against it the impact of cutting $2.2 billion from schools. The House Republican Caucus hastily assembled to discuss the situation.
AUSTIN, Texas (April 23, 2013) -- In a 91-53 vote Tuesday afternoon, the Texas House passed House Bill 2197, continuing the Texas Lottery Commission. An earlier vote Tuesday had failed to continue the commission. Bill supporters spent the hour after the first vote impressing on those who voted against it the impact of cutting $2.2 billion from schools. The House Republican Caucus hastily assembled to discuss the situation.
Quads Are a Big
Hit
RALEIGH, North Carolina (April 23, 2013) -- More than 2,000 people hit the jackpot in the Carolina Pick 4 lottery game Saturday evening with a simple set of numbers: 2-2-2-2.
RALEIGH, North Carolina (April 23, 2013) -- More than 2,000 people hit the jackpot in the Carolina Pick 4 lottery game Saturday evening with a simple set of numbers: 2-2-2-2.
Players Wins Second Highest Prize
In Lottery History
TAIPEI, Taiwan (April 22, 2013) -- A lucky person in Changhua County, central Taiwan won a windfall of NT$150.1 million (US$50.6 million) in Power Lottery Monday.
TAIPEI, Taiwan (April 22, 2013) -- A lucky person in Changhua County, central Taiwan won a windfall of NT$150.1 million (US$50.6 million) in Power Lottery Monday.
Greco-Czech Consortium Asked to
Improve on Bid
ATHENS, Greece (April 23, 2013) -- The Greek privatisation fund on Monday said it had asked Greco-Czech consortium Emma Delta to improve an undisclosed bid for the sale of the state's 33-percent stake in gaming monopoly OPAP.
ATHENS, Greece (April 23, 2013) -- The Greek privatisation fund on Monday said it had asked Greco-Czech consortium Emma Delta to improve an undisclosed bid for the sale of the state's 33-percent stake in gaming monopoly OPAP.
Government Threatens to Withdraw
Licences of Non-Performing Operators
LAGOS, Nigeria (April 22, 2013) --The Federal Government has threatened to withdraw the operating licences of non- performing lottery operators in the country, while condemning the poor annual revenue generation of N3 billions.
LAGOS, Nigeria (April 22, 2013) --The Federal Government has threatened to withdraw the operating licences of non- performing lottery operators in the country, while condemning the poor annual revenue generation of N3 billions.
Voters to Decide on Legality of
Raffles
COLUMBIA, South Carolina (April 22, 2013) -- Voters will decide next year whether church cake walks and school raffles will finally become legal in South Carolina.
COLUMBIA, South Carolina (April 22, 2013) -- Voters will decide next year whether church cake walks and school raffles will finally become legal in South Carolina.
Employee Union Protests Against
Lottery Privatization
TRENTON, New Jersey (April 22, 2013) -- As the state considers a formal protest of its decision to outsource part of the New Jersey Lottery to private companies, lottery workers rallied against the deal outside the State House on Monday.
TRENTON, New Jersey (April 22, 2013) -- As the state considers a formal protest of its decision to outsource part of the New Jersey Lottery to private companies, lottery workers rallied against the deal outside the State House on Monday.
Association Head Gives Views on
Internet Gaming
ATLANTIC CITY, New Jersey (April 22, 2013) --The new head of the American Gaming Association according to reports, says he "will seek consensus on Internet gambling," and will be faced with the major task of " navigating the burgeoning online gambling industry."
ATLANTIC CITY, New Jersey (April 22, 2013) --The new head of the American Gaming Association according to reports, says he "will seek consensus on Internet gambling," and will be faced with the major task of " navigating the burgeoning online gambling industry."
Bill Proposal to Zone Gambling
Machine Business
SAIPAN (April 22, 2013) -- The Saipan Zoning Board continues to receive complaints about citizen's concerns over poker machine problem gambling.
SAIPAN (April 22, 2013) -- The Saipan Zoning Board continues to receive complaints about citizen's concerns over poker machine problem gambling.
Churchill Downs' Arlington Park
Jeopardizing Illinois Gaming Expansion
ARLINGTON HEIGHTS, Illinois (April 22, 2013) -- As shareholders of Churchill Downs Inc. gather Tuesday at Arlington Park, the flagship Illinois horse racing track and a CDI property, Arlington is backing legislation at the Illinois Capitol that promises to enrich CDI and Arlington while crippling what remains of Illinois horse racing.
ARLINGTON HEIGHTS, Illinois (April 22, 2013) -- As shareholders of Churchill Downs Inc. gather Tuesday at Arlington Park, the flagship Illinois horse racing track and a CDI property, Arlington is backing legislation at the Illinois Capitol that promises to enrich CDI and Arlington while crippling what remains of Illinois horse racing.
Echo Meets With Asian Gaming
Giant
BRISBANE, Queensland (April 23, 2013) -- The arrival in Sydney last Friday of the chairman of Malaysian gaming giant Genting is best evidence yet that the casino operator is serious about its investment in Echo Entertainment - the owner of Sydney's Star complex.
BRISBANE, Queensland (April 23, 2013) -- The arrival in Sydney last Friday of the chairman of Malaysian gaming giant Genting is best evidence yet that the casino operator is serious about its investment in Echo Entertainment - the owner of Sydney's Star complex.
Belle Corp Reports Solid First
Quarter Earnings
MANILA, Philippines (April 23, 2013) -- Leisure estate and gaming firm Belle Corp. expects to generate around $35 million a year in annual rental earnings from the operation by Macau's Melco Crown group of Belle Grande, the second gaming complex to open at Pagcor City.
MANILA, Philippines (April 23, 2013) -- Leisure estate and gaming firm Belle Corp. expects to generate around $35 million a year in annual rental earnings from the operation by Macau's Melco Crown group of Belle Grande, the second gaming complex to open at Pagcor City.
GAME ON: Igaming NORTH AMERICA
2014 Save the Date: March 19-21
LAS VEGAS, Nevada(April 22, 2013) -- North America's premier interactive gambling conference will return to Las Vegas in 2014. With the theme "Game On," the fourth annual iGaming North America event will take place March 19-21, 2014 at Planet Hollywood Resort & Casino.
LAS VEGAS, Nevada(April 22, 2013) -- North America's premier interactive gambling conference will return to Las Vegas in 2014. With the theme "Game On," the fourth annual iGaming North America event will take place March 19-21, 2014 at Planet Hollywood Resort & Casino.
NOTE: Over the weekend the
Lottery insider Office experienced quite a few storms and hence our breaking
news updates were delayed due to internet supply interruption. We apologise for
this and we will be back on air with regular updated today.
Minister Assures Public that the
Lottery is on the Right Track
PRETORIA, South Africa (April 19, 2013) -- The National Lotteries Board (NLB) has improved significantly and is progressing for the better. This was the central message that Minister Rob Davies conveyed to the NLB's Stakeholder Engagement Indaba event that is held for two days at the Birchwood Hotel in Ekurhuleni Metropolitan Municipality, Boksburg.
PRETORIA, South Africa (April 19, 2013) -- The National Lotteries Board (NLB) has improved significantly and is progressing for the better. This was the central message that Minister Rob Davies conveyed to the NLB's Stakeholder Engagement Indaba event that is held for two days at the Birchwood Hotel in Ekurhuleni Metropolitan Municipality, Boksburg.
New Zealand Rolls Out New
Gambling Monitoring System from INTRALOT
AUCKLAND, New Zealand (April 22, 2013) -- The Department of Internal Affairs is about to roll out a new gambling monitoring system from existing supplier INTRALOT.
AUCKLAND, New Zealand (April 22, 2013) -- The Department of Internal Affairs is about to roll out a new gambling monitoring system from existing supplier INTRALOT.
Lotto Company Disputes Claims a
New Contract was offered without Bidding Process
MANILA, Philippines (April 20, 2013) - The state-run Philippine Charity Sweepstakes Office has refuted claims by the local gaming unit of Malaysian conglomerate Berjaya that a new lotto equipment contract had been anomalously awarded to the latter's rival service provider.
MANILA, Philippines (April 20, 2013) - The state-run Philippine Charity Sweepstakes Office has refuted claims by the local gaming unit of Malaysian conglomerate Berjaya that a new lotto equipment contract had been anomalously awarded to the latter's rival service provider.
Report Claims Current Regulations
Favour the National Lottery
LONDON, UK (April 21, 2013) - The report entitled 'A Chance to Give' claims current legislation "has not kept up with the real world" and is damaging a vital fund-raising tool. It calls for a massive overhaul saying changes to the law could increase money raised for charities through society lotteries.
LONDON, UK (April 21, 2013) - The report entitled 'A Chance to Give' claims current legislation "has not kept up with the real world" and is damaging a vital fund-raising tool. It calls for a massive overhaul saying changes to the law could increase money raised for charities through society lotteries.
Former Lottery Official Indicted
for Theft
BALTIMORE, Maryland (April 19, 2013) -- A former lottery official has been indicted for stealing tickets and collecting tens of thousands of dollars from the winnings, officials said on Thursday.
BALTIMORE, Maryland (April 19, 2013) -- A former lottery official has been indicted for stealing tickets and collecting tens of thousands of dollars from the winnings, officials said on Thursday.
Lawsuit Seeks to Revoke Operating
Licence
Communications Company Claims Suit is Vexatious, Frivolous
LAGOS, Nigeria (April 19, 2013) -- A Federal High Court in Lagos has joined the Nigerian Communications Commission, NCC, as a defendant in a suit seeking to revoke the operating licence of Airtel Nigeria Limited for allegedly operating an illegal lottery.
Communications Company Claims Suit is Vexatious, Frivolous
LAGOS, Nigeria (April 19, 2013) -- A Federal High Court in Lagos has joined the Nigerian Communications Commission, NCC, as a defendant in a suit seeking to revoke the operating licence of Airtel Nigeria Limited for allegedly operating an illegal lottery.
Mayor Calls for Clear Definition
on Location of Lottery Headquarters
SAULT STAR, Ontario, Canada (April 19, 2013) -- Mayor Debbie Amaroso is asking Ontario Premier Kathleen Wynne "to provide explicit direction" to the Ontario Lottery and Gaming Corp. by defining what it means to be the "head office."
SAULT STAR, Ontario, Canada (April 19, 2013) -- Mayor Debbie Amaroso is asking Ontario Premier Kathleen Wynne "to provide explicit direction" to the Ontario Lottery and Gaming Corp. by defining what it means to be the "head office."
GBGC Global Gambling Report 8th
Edition Available Now
ISLE OF MAN (April 21, 2013) -- GBGC is pleased to announce the publication of the 8th edition of its market-leading Global Gambling Report - Raising The Stakes. The Global Gambling Report continues to provide data, news, and regulatory updates for more than 250 gambling jurisdictions around the world.
ISLE OF MAN (April 21, 2013) -- GBGC is pleased to announce the publication of the 8th edition of its market-leading Global Gambling Report - Raising The Stakes. The Global Gambling Report continues to provide data, news, and regulatory updates for more than 250 gambling jurisdictions around the world.
Wi-Fi Revolution Could Impact
Track Side Bookmakers
LONDON, UK (April 21, 2013) -- On-course bookmakers are expressing concerns that the 'wi-fi' revolution could boost online gambling at race meetings and therefore have an impact on the traditional bookmakers role.
LONDON, UK (April 21, 2013) -- On-course bookmakers are expressing concerns that the 'wi-fi' revolution could boost online gambling at race meetings and therefore have an impact on the traditional bookmakers role.
Internet Betting Propels Owners
onto the UK Rich List
LONDON, UK (April 21, 2013) -- The family behind bet365, one of the world's largest online sports betting sites, are set to be the UK's first gambling billionaires.
LONDON, UK (April 21, 2013) -- The family behind bet365, one of the world's largest online sports betting sites, are set to be the UK's first gambling billionaires.
Poker Machine Spend Sees
Historical Downward Trend
HOBART, Tasmania (April 22, 2013) - Gamblers in Hobart's northern suburbs are starting to curb their spending on poker machines -- managing to "save" $500,000 a month compared with the start of this financial year.
HOBART, Tasmania (April 22, 2013) - Gamblers in Hobart's northern suburbs are starting to curb their spending on poker machines -- managing to "save" $500,000 a month compared with the start of this financial year.
Island Puts Confidence in
Casinos to Turn the Economy Around
CYPRUS (April 21, 2013) - Being saved from an economic and bank collapse by a pending 10 billion euros ($13 billion) bailout from international lenders - but at the price of confiscating bank accounts and imposing harsh austerity measures - Cyprus is going to allow gambling casinos in a desperate bid to raise critical cash and bring in tourists - and keep Cypriots from going to casinos in the Turkish-occupied northern part of the island
CYPRUS (April 21, 2013) - Being saved from an economic and bank collapse by a pending 10 billion euros ($13 billion) bailout from international lenders - but at the price of confiscating bank accounts and imposing harsh austerity measures - Cyprus is going to allow gambling casinos in a desperate bid to raise critical cash and bring in tourists - and keep Cypriots from going to casinos in the Turkish-occupied northern part of the island
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