Tuesday 7 May 2013

Updates as at Tuesday May 7, 2013





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Casino Proposals Given Extension on Bid
SYDNEY, Australia (May 7, 2013) -- NSW Premier Barry O'Farrell has given James Packer's Crown Ltd and rival Echo Entertainment more time to submit their casino proposals to an independent committee. Mr O'Farrell said the committee assessing the competing unsolicited proposals from Crown and Echo has asked for more time to finish its assessment

 

Lotto Game Now Offers More Chances to Win
HAMBURG, Germany (May 4, 2013) - From May 4, 2013 Lotto Hamburg GmbH has made its 6:49 lotto game more attractive. The bonus number has now been replaced in all income classes through the super number. As a result, the profit plan is clear and comprehensible. The new game formula increases the chances of winning, because the super number consists of only the numbers 0 through 9

 

Increase In Ticket Prices
MANILA, Philippines (May 6, 2013) -- Ticket prices for lotto 6/42 and mega lotto 6/45 will be increased to P20 from P10 beginning May 17.

 
 

Bill to Allow Missouri Casinos to Offer Credit
ST LOUIS, Missouri (May 6, 2013) -- A bill moving through the Missouri legislature would make it easier for patrons to spend more money on the casino floor. The bill, sponsored by Rep. Dwight Scharnhorst, would let the state's 13 casinos issue short-term gambling loans, secured by the gamblers' bank accounts




More Patent Unrest Threatens to Upstage Global Gaming Expo (G2E) Asia 2013
MACAU, SAR (May 6, 2013) -- One of the major players in Macau's electronic gaming market will not attend this year's Global Gaming Expo (G2E) Asia 2013 trade show amid an ongoing trade dispute.

 
 

Minister May be Called as Witness in Legal Battle with Book Maker
LONDON, UK (May 5, 2013) -- Sports Minister Hugh Robertson could be called as a witness by Newham Council in a legal battle with bookmaker Paddy Power.

 
 

Parliamentary Push for Complete Ban on Gambling Advertising
MELBOURNE, Victoria (May 7, 2013) -- Football codes and the television industry face a parliamentary push for a complete ban on all gambling advertising and live odds updates during broadcasts and at grounds.




Lottery and the Football Association to Continue Their Cooperation
FINLAND (April 30, 2013) -- Veikkaus Oy, Finnish National Lottery, has signed a cooperation agreement with the Football Association of Finland. The agreement covers the year 2013 and will continue this tradition of cooperation.




AGTech Announces Placing of 407 Million New Shares to Raise HK$140 Million
Introduces Strategic Investors and Strengthens Capital Base to Pursue New Business Opportunities in Macau
HONG KONG (May 6, 2013) -- AGTech Holdings Limited ("AGTech" of the "Company"; together with its subsidiaries, the "Group") (SEHK code: 8279), the leading integrated gaming company in China's sports lottery market, today announced that it has entered into a placing agreement to issue approximately 407 million new shares to not fewer than six independent individual, corporate, professional and/or institutional investors
 
 
 
 
Judge Blocks Attempt to terminate Pokerstars Casino Sale Agreeent
ATLANTIC CITY, New Jersey (May 7, 2013) -- A deal that would have given online-gambling giant PokerStars a chance to re-enter the U.S. market turned into a legal battle Monday as a judge agreed to temporarily block investment firm Colony Capital LLC's attempt to terminate a casino-sale agreement with PokerStars. The 'Wall Street Journal' reports that a New Jersey Superior Court judge issued a temporary restraining order that prevents Colony from negotiating with other parties to sell its Atlantic Club casino in Atlantic City, N.J., for 10 days. A hearing is set for May 17, when the judge will consider a lengthier restraining order.
 
American Gaming Systems® (AGS) Completes Successful Field Trial at Treasure Chest Casino
LAS VEGAS, Nevada (May 6, 2013) - AGS®, a leading designer, manufacturer and operator of gaming machines with more than 7,500 installed gaming machines, announced today that it has completed a successful field trial of its Roadrunner platform and its GT5000 cabinet at Boyd Gaming Corporation's Treasure Chest Casino in Kenner, Louisiana.
 
 
NEWave Wins Software Contract at Margaritaville Bossier City
LAS VEGAS (May 6, 2013) - NEWave, the leading software supplier to the gaming industry, has a long-standing and wide-spread presence throughout the South, where more than 55 casinos rely on NEWave software to guarantee compliance, increase efficiencies and eliminate wasteful expenditures of time and resources. Now NEWave has expanded its footprint in the South with a contract to install several software modules at the soon-to-open Margaritaville Bossier City in Bossier City, Louisiana.
Aristocrat Brings Incredible New Games and Highlights Strong Oasis 360™ Partnerships and Superior Platform at Southern Gaming Summit
LAS VEGAS (May 6, 2013) - Aristocrat is celebrating its 60th anniversary, and the party continues at Southern Gaming Summit, where the company is bringing together incredible new games, strong partnerships and a superior virtual casino platform. This powerful combination will be on display in booth #808, where Aristocrat will demonstrate how it creates the world's greatest gaming experience, every day.
 
 
Penn National Says It Intends To Bid For Prince George's License
BALTIMORE, Maryland (May 6, 2013) -- Table games at Maryland Live Casino generated $8.4 million in revenue in their first month at the Anne Arundel County facility, on top of $38.2 million from its slot machines, the Maryland Lottery and Gaming Control Agency reported Monday.
 
 
 
 
 
Governor Vetoes Legislation for Lottery Management and Anonymity
TRENTON, New Jersey (May 6, 2013) -- Governor Chris Christie has vetoed legislation that would have required legislative approval for any contract allowing a private company to operate the New Jersey lottery.
 
 
 
 
Bet-At-Home.Com AG: Quarterly Result (Q1 2013) Confirms Growth Path
DÜSSELDORF, Germany (May 6, 2013) -- bet-at-home.com AG: Quarterly result (Q1 2013) confirms growth path Company figures for the first quarter of 2013 (1.1. to 31.3.2013).
 
 
Poker Machine Operators Debate Legal Action Over Levy Charge
MELBOURNE, Victoria (May 6, 2013) - Poker machine operators Tabcorp and Tatts will consider launching legal action against the Victorian government after the duo were hit with nearly $85 million in levy charges for the 2012-13 year, despite the companies actually owning the gaming machines for only 46 days during that period. ''This defies any test of common sense,'' Tatts boss Robbie Cooke was said to have commented to reporters.
 

Sunday 5 May 2013

News Updates as at Monday May 6, 2013

 
 
Punter Lodges Claim Against Bookmaker
VICTORIA, Australia (May 3, 2013) - A punter who claims gambling giant Sportsbet banned him during a lucky streak has launched legal action, a local newspaper reports. Elwood man Robert MacMillan is seeking $35,000 damages over allegations the online book maker stopped him placing some types of exotic bets when he started winning.

 
 

Regulator States Changes Made to Bill Do Not Go Far Enough
CHICAGO, Illinois May 5, 2013) -- The Illinois Gaming Board's chairman says changes made to a proposed gambling expansion bill are merely cosmetic. Illinois Gaming Board Chairman Aaron Jaffe told a local news source that the revamped bill doesn't address his concerns fully. Jaffe and lawmakers argued during a hearing last month over the plan to add five new Illinois casinos. Since then, the Senate has OK'd the bill.



Council Continues to Push Differential Rates on Gaming Venues
CITY OF MONASH, Melbourne, Victoria (May 5, 2013) -- Monash council is on a collision course with the state government after deciding to impose higher rates on gaming venues despite new guidelines calling the measure inappropriate.

 

Gaming Association Prepares to Fight Tax Increase on Video Poker
BATON ROUGE, Louisiana (May 5, 2013) -- Video poker interests in Louisiana are organizing to fight possible taxes on the devices. That is a chief goal of the new Louisiana Video Gaming Association.

 
 

Senator Pushes for Ban on Betting Odds During Sports Broadcasts
SYDNEY, Australia (May 6, 2013) -- Independent senator Nick Xenophon fears a crackdown on promoting live betting odds during sport broadcasts will be "lost in the wash" after the next federal election.

 
 

Atlantic Lottery Continues to Sponsor Employees Health Program
Wellness Program building a healthier lifestyle for lottery employees
MONCTON New Brunswick, Canada (May 2, 2013) -- The numbers that matter to many Atlantic Lottery employees these days aren't just the ones that win you the jackpot. Personal stats like inches lost, number of push-ups in a minute and heart rates are their winning numbers.

 
 

Profits Surge on Back of New Terminal Network
MANILA, Philippines (May 4, 2013) -- Profits of Pacific Online Systems Corp. surged in the first quarter, driven by higher revenues, the lotto equipment supplier said in a filing with the Philippine Stock Exchange (PSE) on Friday.

 
 

Hong Kong's Galaxy Entertainment says to buy $419 million Macau assets
HONG KONG (May 5, 2013) -- Galaxy Entertainment Group Ltd said on Sunday it would buy assets in Macau's Cotai from hotel operator and casino marketing firm Get Nice Holdings Ltd for HK$3.25 billion ($419 million).

 
 

Betfair considers £140m payout to spoil CVC bid
EDINBURGH, Scotland (May 6, 2013) -- Gambling company Betfair is thought to be mulling a £140 million payout to shareholders as part of its defence against a hostile takeover.

 

Company Unveils New Casino Development Plan
The company that owns the option to buy Rockingham Park has added an entertainment venue and hotel to the new plan
SALEM, New Hampshire(May 5, 2013) -- Millennium Gaming, the company that owns the option to buy Rockingham Park, will unveil new plans for a casino at the site this week that include a hotel and 1,500-seat entertainment venue.