Lottery Insider News Bite - February 22, 2013

Okada quits Wynn Resorts board, avoiding ouster

WASHINGTON (February 22, 2103) -- Japanese gambling tycoon Kazuo Okada announced Thursday he was resigning from the board of casino operator Wynn Resorts, a day before the company's board was expected to oust him.
Okada blasted Wynn's founder and chief executive Steve Wynn for plotting to discredit him and force him out of the company, and repeated allegations made earlier about the misuse of company funds in its Macau venture.
"I no longer believe it is appropriate for me to serve on the Board of Directors of a company that is behaving in a manner that I deeply believe to be unethical," Okada said in a statement.

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TODAY'S HEADLINES

Friday February 22, 2013

 LOTTERY NEWS

1. China Sees Surge in Lottery Ticket Sales for January.

 LEGAL, LEGISLATIVE, POLITICAL & GOVERNMENT

1. AG Hopes Lottery Privatization Contract Will Not be Challenged in Court.
2. Spanish Finance Ministry Issues Rebuttal on Claims of Favourable Treatment to Online Gambling Company.
3. Bets on Virtual Events Regulations Approved.
4. Wyoming Senate Approves Lottery Bill on First Reading.
5. Administrative Court Dismisses Sisal Appeal.
6. National Parliaments Fight Against Organized Crime, Corruption and Money Laundering.
7. Proposal for Lottery Funds to Contribute to Newly Established Veteran's Service.
8. Governor Says He Would Sign Revised Online Gambling Bill.
9. Cypriot Government Issues Online Gambling Blacklist.
10. Partouche Poker Investigated By French Regulator.

MARKETING and SPONSORSHIP

1. Signage Ban on Poker Machines Lifted.
2. Florida Lottery to Sponsor RAB Racing, Alex Bowman in NASCAR Race at Daytona.
3. Lobbying Funds Dry-Up, But Companies Still Continue to Focus on Casino License.
4. Tattersall’s is the New Sponsor for the Irish 2000 Guineas.

VENDOR NEWS

1. Circus Group Launch Full Suite of Amaya Casino Games.
2. CeBIT 2013: adesso Presents Solutions For Content Management And Social Media.
3. BGI Joins the Association of Gaming Equipment Manufacturers.
4. Betclic Launch “The Amsterdam Masterplan” From Sheriff Gaming.
5. ACEP Interactive Choose Amaya's Ongame to Power Its Online Poker Offering.
6. Gaming Laboratories International Releases Key Update to GLI-19 Global Interactive Gaming Standard.
7. GEObet Network to Provide Online Casino to Nevada Tribal Nation.

MARKET WATCH

1. Ladbrokes Gaining Ground In Online Gambling.
2. GVC Shareholders Vote in Favour of Sportingbet Acquisition.
3. Tatts Group Looking to Pursue Online Opportunities.
4. Macau Gaming Revenue Down 3.9 Percent in CNY: Report.
5. Finland’s Slot Machine Association’s Revenue Continued to Increase.
6. Echo Profit Slips in H1 as Queensland Market Softens.

GAMING MACHINES (VLTs)

1. Poker Machine Pre-Commitment Trial was an Expensive ‘Thought Bubble’ for the Australian Taxpayer.

CASINO NEWS

1. CEDS Submits Bid for Research Project into Impact of Casino Gambling.
2. Government Strengthens Rules for Casinos.

PEOPLE IN THE NEWS

1. Playscan Appoint New CEO.
2. Long Serving Member Retires From Lottery Board.

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