Saturday 18 May 2013

News update as at Saturday, May 18, 2013



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Texas Lottery Gets Vote for Extension 
AUSTIN, Texas (May 17, 2013) -- The Texas Senate has voted to extend the life of the state lottery in a vote that was much less contentious than in the House, where some lawmakers tried to kill it off.

In Days leading up to draw Tickets Sales Go into a Frenzy
TRINIDAD (May 17, 2013) -- The National Lotteries Control Board (NLCB) sold an incredible 700,000 tickets in the three days leading up to Wednesday night's draw, that resulted in one person winning the $20.4 million jackpot, the biggest in the history of the game locally.

Lottery Reduces Area for Ticket Sales after Poor Response last Year
CHANNEL ISLANDS (May 16, 2013) -- There is going to be a Channel Island's Summer Lottery again this year - but it looks like Bailiwick won't be involved

Calls for Gambling Fee to Rise in Line with Neighbouring Countries 
MBABANE, Swaziland (May 16, 2013) -- Swaziland is arguably the only country with an outdated Gaming Industry, the Times of Swaziland suggests. This is specifically in relation to the gambling sub-sector as it charges the lowest gambling licence fee.

Gaming Companies Grapple over Trademark Name
MACAR, SAR (May 16, 2013) -- Rival casino operators Las Vegas Sands Corp and Melco Crown Entertainment Ltd are grappling in court over trademarks that use the words "Cotai Strip."

Ministry to Examine Legalising Betting In Sports In The Country 
BANGALORE, India (May 17, 2013) -- The Union sports ministry is examining the possibility of legalising betting in sports in the country. News publication suggests that this is partially in response to growing pressure to rein in a burgeoning industry that tends to cross ethical boundaries and also to raise funds for the development of sports.

BetSoftGaming Announces Boomanji! An Explosive New Slot for Mobile and PC
NICOSIA, Cyprus (May 16, 2013) -- BetSoftGaming, the originator and leader in true 3D cinematic gaming, have announced the dual release of the newest addition to their groundbreaking Slots3™ library, Boomanji as well as its ToGo™ mobile counterpart.

Lawmakers Push for Video Lottery Machines on Island
LONG ISLAND, New York (May 16, 2013) -- State Sen. Phil Boyle and Assemblyman Steve Engelbright are pushing to bring a few hundred video lottery machines on Long Island. Boyle says the bill would allow video lottery terminals in Nassau and Suffolk OTB parlors.

Developers May be able to Compete in Southeastern Region 
BOSTON, Massachusetts (May 17, 2013) -- Developers who are unsuccessful in their pursuit of casinos in the eastern or western regions of Massachusetts could compete in the newly opened southeastern region under a plan approved by the state's gaming commission.

Ontario Lottery and Gaming Corp.'s Board of Directors Resigns
TORONTO, Canada (May 17, 2013) -- Paul Godfrey - the man picked to lead the Ontario Lottery Gaming and Corporation (OLG) into a new era - has been dealt out of the game. Canadian news services report that Premier Kathleen Wynne ousted the high-profile business and civic leader Thursday, days after her finance minister acknowledged that Godfrey's fate was up in the air.

Missouri Lottery Honoured For Accounting Excellence
JEFFERSON, Missouri (May 14, 2013) -- For the 13th consecutive year, the Missouri Lottery’s comprehensive annual financial report (CAFR) has received the highest form of recognition in the area of governmental accounting – the Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association (GFOA) of the United States and Canada.

It's Here! Mega Millions® Rolls into Florida
First Drawing This Friday
TALLAHASSEE, Florida (May 15, 2013) -- MEGA MILLIONS® tickets go on sale today at more than 13,000 Florida Lottery retailers statewide, giving players a second option to play a multi-state, mega- jackpot game. The first MEGA MILLIONS drawing that includes Florida tickets will be held on Friday, May 17, with an estimated jackpot of $190 million.

Auditors Recommend A Strengthening of Regulatory Oversight
LAS CRUCES, New Mexico (May 15, 2013) -- Legislator auditors are recommending that New Mexico strengthen its regulatory oversight of gambling at horse racing tracks and casinos operated by Indian tribes.

Legislation to Allow 50-50 Drawings at Sports Games Passed in the State House
MECHANICSBURG, Pennsylvania (May 15, 2013) -- Legislation that would allow 50-50 drawings at all major and minor league professional sports teams' home games in Pennsylvania passed the state House today by a 177-19 vote.

Authority Won’t Tolerate Non Compliance of Mandatory Warning Messages
ADELAIDE, South Australia (May 16, 2013) -- The Independent Gambling Authority in South Australia says it will come down hard on gambling providers who fail to take a serious approach to use of mandatory warning messages.

Gaming Machine Bill to be enforced with a Common Sense Approach
MIAMI, Florida (May 15, 2013) -- A new law in Florida that outlaws video gambling applies to kids and adult arcade machines, including some that are featured at franchises such as popular food chain Chuck E. Cheese.

Lottery Contributes a Surplus to Education Funds
COLUMBIA, South Carolina (May 15, 2013) -- This year, lawmakers have a good problem when it comes to lottery funds in the form of surplus, thanks to the efforts of players and the Lottery.


Players Attempts to Secure Winnings over a Decade Late
SYDNEY, Australia (May 16, 2013) -- A man who says he lost a winning lottery ticket nearly 16 years ago is too sick to come to court to continue the battle for his $3.3 million prize this month, with a judge indicating his case is not strong,

Pokerstars Responds to Request for End to Order
ATLANTIC CITY, New Jersey (May 15, 2013) -- PokerStars has filed a brief on Wednesday “in further support of a preliminary injunction” that would maintain the prevention of The Atlantic Club’s executives from negotiating with other suitors after the collapse of their mutual deal last month.

Betfair Awards European and UK Media Account
LONDON, UK (May 16, 2013) -- Betfair has announced that Arena has won the £15m consolidated European and UK media planning and buying account following a competitive pitch.

Communications Watchdog Halts Lottery Draw Broadcasts
FINLAND (May 14, 2013) – According to local media reports the lottery drawing will no longer be aired by the Finnish public broadcaster YLE, at the request of the Agency for Supervision of Communications of the State. Why? Because the department said it was unlawful.

Lottery to Work on Public Image
ACCRA, Ghana (May 16, 2013) -- Acting Director General of the National Lottery Authority, Brigadier-General Martin Ahiaglo says his immediate priority will be to rebuild the lost image of the Authority.

Tax PE for E-commerce Operators, Including Online Gaming Operators: a Major Risk
ITALY (May 13, 2013) -- Italian tax authorities have been recently auditing a number of e-commerce and IT foreign operators challenging the presence of a permanent tax establishment in Italy which triggers the obligation to pay local taxes.

DerbyJackpot Teams Up with Xpressbet and Stronach Group to Bring Social Gambling to 11 More States
Real-Money Social Gambling Now Available in 36 States in the US
NEW YORK, NY (May 15, 2013) --  Xpressbet, LLC, one of the horse racing industry's largest Advance Deposit Wagering (ADW) providers, has teamed up with DerbyJackpot to expand DerbyJackpot's reach across 11 more states. DerbyJackpot is the easiest way for people to legally bet, watch and win real money on live horse racing, all in an online, social environment. Previously available in 25 states, DerbyJackpot can now be played by eligible adults residing in 11 more: California, Idaho, Kansas, Maryland, New Mexico, Oklahoma, Rhode Island, Tennessee, Virginia, Washington and Wisconsin.*

Appleton Papers Announce Company Name Change to Appvion, Inc.
APPLETON, Wisconsin (May 13, 2013) -- Appleton Papers announced today that the company changed its name to Appvion, Inc. The new name reflects the company’s heritage of innovation in applying chemistry to paper and microencapsulation as a means to create value for its customers.

NEWave Brings Award-winning Software Solutions to East Coast Gaming Congress
LAS VEGAS (May 15, 2013) – NEWave, the leading software supplier to the gaming industry, is bringing its award-winning software solutions to the East Coast Gaming Congress. The event takes place May 21 and 22 at the Boardwalk Hall in Atlantic City, and NEWave will be in booth 114.

Gaming Partners International Corporation to Introduce New Products at the Upcoming G2E Asia Trade Show in Macau
LAS VEGAS, (May 15, 2013) -- Gaming Partners International Corporation (NASDAQ: GPIC), a leading provider of casino currency and table game products worldwide, announced today that it will introduce several new products at the upcoming Global Gaming Expo (G2E) Asia exhibition being held May 22 and 23 at the Venetian Macao Convention Center. Product demonstrations will be available at Stand #1105.

Refinancing Fears Spark Drop in Bonds
LONDON, May 15 (IFR) - Spanish gaming company Codere has hired advisory firm Perella Weinberg Partners to help solve its imminent liquidity problems, which include a EUR31m coupon due on its bond next month and the refinancing of its revolving credit facility..

Regulators Approve Casinos Reorganization Plan
ATLANTIC CITY, New Jersey (May 15, 2013) -- Revel Casino was given a second chance Wednesday from New Jersey casino regulators, and now it’s seeking the same thing from customers.

CODERE Records Sales Of €397.6 Million In First Quarter Of 2013
MADRID, Spain (May 14, 2013) -- The CODERE Group, a leading Spanish multinational in the private gaming sector, today announced consolidated earnings for the first quarter of 2013 (1Q13).
Sales reached €397.6 million, 1.4% less than in in the same period in 2012, mainly due to the fall in revenues in Argentina and partially offset by growth in Mexico and Italy.

New Casino Design to Make Crown Sydney Instantly Recognizable Around the World
SYDNEY, Australia (May 16, 2013) -- Casino Owner James Packer has said the design his company Crown has chosen for its proposed Barangaroo development in Sydney will give Australia’s largest city a skyline that will make it globally competitive.

Casino Posts Drop in Figures
WICHITA, Kansas (May 15, 2013) -- The Kansas Star Casino reported about a 10 percent drop in gambling revenues in April from March, according to figures posted today by the Kansas Lottery.
March, however, was a record month with five full weekends. April had four.

Century Posts Jumps in Quarterly Profit
COLORADO SPRINGS (May 15, 2013) -- Century Casinos reported its biggest quarterly profit in nearly four years Wednesday despite nearly flat revenue.


Negotiations on the Table for Gambling Plan
SPRINGFIELD, Illinois (May 14, 2013) -- Lawmakers could try to add ethics measures and reconsider putting slot machines at the Chicago airports in an effort to get Gov. Pat Quinn to back a gambling plan, one of its key supporters said Tuesday

Nation's Plan to Build Casino Complies with State's Gaming Compact
PHOENIX, Arizona (May 14, 2013) -- The Tohono O'odham Nation's plan to build a casino near Glendale, Ariz., a suburb of Phoenix, complies with the state's gaming compact, a federal judge has ruled,

Revisions to Small Games of Chance Law still Causing Concerns 
FAYETTE, Pennsylvania (May 13, 2013) -- On Thursday, local organizations that rely on small games of chance will send representatives to a public hearing being held at Penn State Fayette, The Eberly Campus, where state officials will discuss changes that have been made to the original Small Games of Chance Law

IOC Proposes Global Betting Monitoring 
SYDNEY, Australia (May 15, 2013) - The IOC is proposing the establishment of a global system for monitoring betting patterns during major sports events, the latest step in efforts to guard against corruption and match-fixing.

Racing NSW to Embrace Changes to Protect against Perceived Conflicts of Interest
SYDNEY, Australia (May 14, 2013) - Bookmaker Tom Waterhouse should ''embrace'' a plan by authorities to tighten controls around his business' links to his mother Gai's horse training operation, as it would protect his reputation, too, Racing NSW Executive Peter V'landys said on Tuesday

Bookmaker's Success Attributed to Online Gaming Boom
LONDON, UK (May 15, 2013) -- Irish bookie Paddy Power yesterday showed that the bumper year it experienced in 2012 will be easily surpassed this year, as a boom in online gaming continued

New Casino Design Unveiled
Mashpee Wampanoag Design Unveiled For Taunton
TAUNTON, Massachusetts (May 14, 2013) -- The Mashpee Wampanoag tribe has unveiled a new design for a resort casino it hopes to build in Taunton if the tribe wins state and federal approvals for the project.





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.