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.

Wednesday, 1 May 2013

News Updates as of Wednesday May 1, 2013 at 7pm


 
 
Breaking News Bite: Opap Deal Goes Through
 
 
National Lottery Commission and UK Gambling Commission Merger Postponed
LONDON, UK (April 29, 2013) -- The UK government decided to postpone the merger of the National Lottery Commission with the UK Gambling Commission. Some politicians believe that the attributes of the two organizations are incompatible. The UK Culture, Media and Sport Select Committee announced that it decided to delay the merger between the UK Gambling Commission and the National Lottery Association. The postponement will give opponents of the merger the opportunity to voice their arguments.


Genesis Gaming Solutions, Inc. and Walker Digital Table Systems Sign Joint Development Agreement
Partnering to bring together WDTS' RFID Perfect Pay Table Network with Genesis' BRAVO Pit Card & Chip Detection System By Genesis Gaming Solutions, Inc.; Walker Digital Table Systems, LLC
LAS VEGAS, (April 30, 2013) -- Walker Digital Table Systems, LLC, supplier of RFID enabled baccarat table networks to the Asian gaming market, and Genesis Gaming Solutions, Inc. a leader in table games management and player tracking systems, announced that they have signed an agreement to pursue joint development opportunities.


GameAccount Network teams up with MPTN
DUBLIN, Ireland (May 1, 2013) -- GameAccount Network has forged an alliance with MPTN, the owners of the Foxwoods Resort Casino, to build an internet gaming portal and jointly sell software to other casino operators hoping to be ready for when the online gaming laws are passed.

 
 

Webis Holdings wins major deal with Churchill Downs
LOUISVILLE, Kentucky (May 1, 2013) -- Webis Holdings said its wholly owned subsidiary WatchandWager.com has signed a major content licensing contract with NASDAQ-quoted Churchill Downs Inc.

 
 

Atlantic Club Deal Expires
ATLANTIC CITY, New Jersey (May 1, 2013) -- A deal that would have given online poker giant PokerStars its first toehold into regulated online gambling in the U.S. has expired without a new contract in place, according to several people familiar with the matter



Three Groups 0f Investors Opting To Contest the New Casino In Mallorca
SPAIN (May 1, 2013) - The Government expected to reach any offer to contest the award of a new casino in Mallorca, having registered in the Directorate General of Commerce and Enterprise three offers, one in Bendinat, another on the Platja de Palma and the third in Palma, n




 
PokerStars' Atlantic City Deal Expires
ATLANTIC CITY, New Jersey (May 1, 2013) -- A deal that would have given online poker giant PokerStars its first toehold into regulated online gambling in the U.S. has expired without a new contract in place, according to several people familiar with the matter
 
 
 
Gaming Act Should Not Disadvantage Islands Own Citizens
NASSAU, Bahamas (April 30, 2013) -- Bahamians will not be disadvantaged by whatever decision the government makes with regard to what are now draft amendments to the Gaming Act, Khaalis Rolle, Minister of State for Investments in the Office of The Prime Minste.
 
 
 
Minister Deems Lottery Executive Pay Increases Not in Line with Government Budget Constraints
ONTARIO, Canada (April 30, 2013) -- Finance Minister says Ontario Finance Minister Charles Sousa has put the head of the province’s lottery corporation on notice that big increases in executive pay are “unacceptable.”
 
 
 
Bid Moving Forward for Greek Gaming Monopoly
ATHENS, Greece (April 30, 2013) -- The 42-year-old Czech Jiri Smejc, twice married, with two children and a fortune of over $2 billion may be the new owner of the Greek Organization of Football Prognostics OPAP S.A. within the next week, according to news reports.
 
 
 
Decision to Award Tribe Federal Recognition Criticized by Regulators
SAN FRANCISCO, California (April 30, 2013) -- A government watchdog has criticized an official's decision to grant a Central California American Indian tribe federal recognition, which gave it the right to federal benefits and a reservation where it could pursue a casino, according to news reports today.
 
 
 
Senators Oppose Single Sports Betting
ONTARIO, Canada, (April 30, 2013) -- Not everyone wants single sports betting approved in Canada
reports indicate that Bill C-290 would allow gamblers to bet on one sporting event at a time, rather than a minimum of three, which is the currently the case in Ontario.
 
 
 
Bill to Halt Expansion of Internet Cafes Clears Legislative Panel
COLUMBUS, Ohio (April 30, 2013) -- A bill that would immediately halt the expansion of Internet cafes in Ohio cleared a legislative panel Tuesday evening and was headed for a vote by the full state Senate..
 
 
 
OLG Modernization Continues To Proceed With Close Of Request For Pre-Qualification For Lottery
TORONTO, Ontario (April 30, 2013) -- The Ontario Lottery and Gaming Corporation (OLG) today marked the close of its Request for Pre-Qualification (RFPQ) for the modernization of lottery.
Issued on December 14, 2012, the RFPQ asked service providers to demonstrate their experience as it relates to the lottery business.
 
 
 
Hart Awarded State Business for Ohio Lottery Commission
Hart, northwest Ohio’s largest integrated marketing communications firm, was again selected as one of just three marketing firms across the state to provide a variety of marketing and advertising services for the Ohio Lottery Commission through a new contract
 
 
 
Sportingbet Rejects Speculation it will Seek Totaliser Licence
SYDNEY, Australia (May 1, 2013) -- Australia's biggest corporate bookmaker Spotingbet has rejected speculation it would seek the retail licence for totaliser betting in New South Wales if Tabcorp loses those rights..
 
 
 
Perform Group Set for Strong Growth
LONDON, UK (April 30, 2013) -- British sports rights company Perform said it was well set for strong growth as it prepares to negotiate new deals with online bookmakers who use its video streams of live action.
 
 
 
Casino Location May Impact on New Hampshire’s Gaming Income
CONCORD, New Hampshire (April 30, 2013) -- A researcher says a planned casino in the Boston area would cut into New Hampshire’s gambling income if a casino is built along the border between the two states.
 
 
 
Isle Of Man e-Gaming Companies Shine at US Gaming Conference
ISLE OF MAN (April 30, 2013) -- A social gaming network with strong links to the Isle of Man has won a prestigious contest at a major e-Gaming conference in San Francisco.
 
 
 
Bwin.party Digital Entertainment Plc: Annual Report
LONDON, UK (April 30, 2013) -- Following the communication on 15 March 2013 of the Company's annual financial report for the year ended 31 December 2012, hard copies of the bwin.party annual report and accounts for the year ended 31 December 2012 (the "Annual Report"), incorporating the notice of the Company's 2013 Annual General Meeting, will shortly be posted to bwin.party's shareholders and depositary interest holders that have elected to receive hard copies. A copy of the Annual Report will also be made available on the Company's website, www.bwinparty.com.


 
States Sees Decrease in Poker Machine Spend
MELBOURNE, Victoria, Australia (April 30, 2013) -- Victorian poker machine losses have continued to drop with punter loss for March this year down 10 per cent compared with the same time last year.
 
 
City Seeks Law or Consulting Firm to Advise on Host Community Agreement
WORCESTER, Massachusetts (April 30, 2013) -- With time growing short, the city is still in the market for a savvy legal adviser with gambling industry experience, but not too much.
 

Tuesday, 30 April 2013

News updates as at Wednesday May 1, 2013







Belgian MEP Alludes to Rock as Tax Haven and Unfair Competition
GIBRALTAR, (April 30, 2013) -- A Belgian socialist MEP has asked the European Commission whether it will take any steps in respect of Gibraltar-based gaming companies as part of wider EU measures to combat tax evasion and tax havens. The news service writes that Marc Tarabella, a member of the Group of the Progressive Alliance of Socialists and Democrats, tabled a set of questions on this issue in the European Parliament. The questions were couched in unflattering terms, referring to Gibraltar as a tax haven and alleging that the Rock was engaged in unfair competition that was harming other EU members.


Broadway Gaming Brings Its Second Online Bingo Site, Glossy Bingo, To Microgaming
ISLE OF MAN (April 30, 2013) -- Microgaming (www.microgaming.co.uk) announces that Glossy Bingo, which is powered by Microgaming's leading Bingo software, is now live. Glossy Bingo is the second online bingo brand launched by Broadway Gaming Ltd, the first being the popular Butler's Bingo site, which launched on Microgaming's Bingo Network in July 2010 and is renowned for its astonishing £5.88 million jackpot pay-out in December 2012. Designed to look like the cover page of a glossy magazine, Glossy Bingo is officially live and set to cause great excitement amongst online Bingo players.


Regulation on Corporate Income Taxes Sends Share Market in Spiral
Solaire Resort And Casino Flooded By Heavy Downpour, Slot Machine Area Affected
MANILA, Philippines (April 30, 2013) - Gaming stocks were battered yesterday on the back of knee-jerk reactions from an operational problem in one of newest and major casino operators in the country and a regulation on corporate income taxes of these firms.
"Gaming companies led yesterady's decliners after the Bureau of Internal Revenue released a memorandum stating that Pagcor and its casino licensees are subject to the 30 percent income tax," RCBC Securities Inc. said.


Tribe Receives Loan Secured by Gaming Facilities
FLORIDA (April 29, 2013) -- The Seminole Tribe of Florida received a $750 million loan secured by its gaming facilities in Florida. The Seminole Tribe, whose operations center is in Hollywood, said the money would repay a term loan that matures in 2014. The new financing is a bond
 
 
 
Lottery Move Rewards Observant Players
SINGAPORE CITY, Singapore (April 29, 2013) -- Ten days after Singapore Pools moved into new premises in the Bugis area, the lottery operator's new street address came out tops in the 4-D lottery draw.
Appointment Signifies China is looking over Macau’s Prosperous Shoulder
MACAU, SAR (April 30, 2013) -- With little fanfare, China is sending an official with a reputation for strictly enforcing regulations, to be its top man in Macau, the world's biggest gambling hub, as Beijing puts tackling corruption centre stage.
Pub Betting Penalties Send Warning Message to Licensees
LONDON, UK (April 29, 2013) – The Gambling Commission has imposed an £8,000 financial penalty on a licensed bookmaker who persisted in operating betting in pubs in West Wales.
Celtic Racing (Credit Betting) Limited knowingly provided facilities for betting from a number of alcohol licensed premises in and around South West Wales before being exposed by an investigation run by the Gambling Commission, supported by Pembrokeshire and Carmarthenshire Local Authorities. Celtic Racing (Credit Betting) has also been formally warned by the Commission and has had an additional licence condition placed on its operating licence.
 
 
Lottery Looks to Boost Sales and Profit Margin
LITTLE ROCK, Arkansas (April 29, 2013) — A bill that would have required the Arkansas lottery to turn at least a 25 percent annual profit didn't make it out of committee this year, but the lottery director told Press reporters on Monday, that he expects similar bills to be proposed in future legislative sessions.
 
 
ICRC Faults Lottery Commission Over Contract
ABUJA, Nigeria (April 29, 2013) -- One of the bidders had petitioned the House Joint committees alleging irregularities in the award of the contract.
 
 
Senate Approves Electronic Gaming Machine Bill
BUENOS AIRES, Argentina (April 25, 2013) --The Senate today approved a bill whereby it is intended that all Electronic Gaming machines, which number 13,063, must by law have on-screen messages which say: "The play is detrimental to the health and family. Are you aware of this?” The player must either answer Yes or No.”
 
 
Gaming Industry Evolves with Rapid Growth
DODOMA, Tanzania (April 29, 2013) – The Gaming Industry is now not simple entertainment but has emerged as a serious economic activity and major source of Government revenue and job creation, according to a local news publication.
 
 
Online Lottery Program to Face Uphill Battle
DETROIT, Michigan (April 29, 2013) -- The Michigan Lottery hopes to hit the jackpot with a new "iLottery" online lottery program, but the agency may need a little luck to get it launched, according to local print publication.
 
 
Cubeia Launches Social Poker Network
Cubeia Ltd has unveiled Cubeia Social, a social poker network, enabling anyone to create and run their very own social poker site
STOCKHOLM, Sweden (April 29, 2013) -- Cubeia Ltd, a software development company, has unveiled Cubeia Social, a social poker network, enabling anyone to create and run their very own social poker site.
 
 
Konami Gaming, Inc. Introduces Podium Goliath™
Goliath Arrives in North American Casinos, Providing Eye-Catching, Larger Version of Konami's Industry Leading Podium™ Cabinet
LAS VEGAS, Nevada (April 25, 2013) -- Konami Gaming, Inc. has expanded its family of Podium game cabinets with the introduction of the Podium Goliath. "Since its introduction, Podium has been a proven performer," said Steve Sutherland, chief operating officer at Konami. "Based on feedback from our customers, we have expanded our line of Podium products by creating the largest Podium yet. Goliath was designed to support our robust game library and provide a unique and fun gaming experience for slot players."
 
 
Scientific Games to Report First Quarter 2013 Results on Tuesday, May 7, 2013
NEW YORK, NY (April 29, 2013) -- Scientific Games Corporation (NASDAQ: SGMS) announced today that it will release its financial results for the first quarter ended March 31, 2013 after the market close on Tuesday, May 7, 2013. The Company will host a conference call at 5:00 p.m. Eastern Time which will include management's discussion of these results and an opportunity to ask questions.
 
 
Sino Cement, Inc. Announces Agreement To Acquire Interest In Costa Rica Online Gaming Company & Hotel/Casino Operations
NEW YORK, NY (April 29, 2013) -- Sino Cement, Inc., (otc pink:OCEE) Mr. Marco Garduno, Director, is pleased to announce that the company has executed a Letter of Intent to purchase 70% of a Costa Rica company whose business is the acquisition of Resorts, Hotels and Casinos in connection with its International Online Gaming operations headquartered in Central America (www.macaulivegaming.com.)
 
 
Tabcorp Holdings Limited 3Q13 Trading Update
MELBOURNE, Australia (April 30, 2013) -- Tabcorp Holdings Limited today provided a trading update for the third quarter of the
2013 Financial Year
Total reported revenue for the company’s continuing operations in 3Q13 was $480.3 million, up 2.6% on the prior corresponding period (pcp). Year-to-date revenue is $1,515.2 million, up 2.2%.
 
 
Town Schedules Public Forum to Garner Casino Support
LAKE GEORGE, New York (April 29, 2013) -- .Another upstate New York tourist town is looking into the idea of casino gambling.
 
 
GLI Europe Welcomes Gaming Industry Expert James Illingworth as New Director of European Business Development
HILLEGOM, The Netherlands (April 30, 2013) – Gaming Laboratories International (GLI), the world’s leading gaming technical consulting and independent certification laboratory, and its affiliate GLI Europe BV, are pleased to announce the appointment of James Illingworth as their Director of European Business Development.

Monday, 29 April 2013

News as at Tueday, April 30, 2013

 
 
 
Just a touch of the news stories out today
 
All the latest Market Watch and Vendor Financial Updates are posted in todays Newsletter
 
 
 
 
Casinos Austria and Austrian Lotteries Group Report Great Results for 2012
New high of net sales in lotteries with best results in its history, casinos in Austria with second-best operating profit ever
VIENNA, Austria (April 23, 2013) -- The Casinos Austria and Austrian Lotteries Group can look back on a very successful 2012. With a consolidated turnover of 3.54 billion euros, a new historic high value could be achieved. The net profit of 42.68 million euro marks the second-highest level in history.


Risaralda Lottery Opens Tender for Concession of Chance
PEREIRA, Colombia (April 28, 2013) -- The Risaralda Lottery (www.loteriadelrisaralda.com) has opened the bidding 001 of 2013, by which it will award the grant for the operation of permanent gambling in the department over the next five years.


Bid Partner Sought for Lotto Licence
Italy's G-Tech Among Frontrunners For Shot At €600m Lottery Contract
DUBLIN, Ireland (April 28, 2013) -- An Post is talking to a number of international lottery companies about making a bid to run the new €600m National Lottery licence.


Lottery Privatization Predicted to Earn $3.7 Billion Over 15 Years
TRENTON, New Jersey (April 27, 2013) -- Others have doubts, but New Jersey Treasurer Andrew Sidamon-Eristoff said the contract with a private enterprise regarding the state lottery would be beneficial to both sides.


Lottery Results Presented to Board
PEREIRA, Colombia (April 28, 2013) -- In presenting the financial results and balance sheet of the company to the Board, chaired by the Governor (e) of Risaralda, Lina Beatriz Rendón, the manager of Lottery Risaralda, Mario Leon Ossa, said that in that period transfers to health for all items were $ 10.623 million, of which $6,287 million related to the granting of permanent gambling (chance).


Significant Growth from Charity Lotteries across the Board
LONDON, UK (April 26, 2013) -- As the sector awaits the long-promised consultation into charity lotteries, the umbrella body representing the sector has reported a 43 per cent growth in the market within one year.


Lottery Contributes Significantly to States Education Budget
WILMINGTON, North Carolina (April 28, 2013) – The North Carolina Lottery has helped to contribute close to $2.7 billion into public education in North Carolina since March 2006. That is about 5 percent of the state's education budget, lottery officials told reporters.


American Indian Tribes Oppose New Jersey's Internet Gambling Measure
ATLANTIC CITY, New Jersey (April 27, 2013) -- Almost immediately after New Jersey legalized Internet gambling, an alliance of American Indian tribes operating thousands of miles away issued a statement decrying the move, accusing the state of weakening gambling license requirements.


Bill to Legalize Cash-Only Sports Betting
SAN FRANCISCO, California (April 28, 2013) -- California State Senator Roderick Wright is pushing for a bill that would legalize cash-only sports betting for everyone who is 21 and older. The bill would limit betting to locations that already allow it, such as race tracks and card rooms, and it would exclude California college sports, according to reports.


Bookmaker Embroiled in Conflict Of Interest
SYDNEY, Australia (April 29, 2013) – Stewards will look to establish whether bookmaker Tom Waterhouse had "privileged information" before Racehorse ‘More Joyous’ recent dismal performance that ignited a media and turf war between his trainer mother Gai Waterhouse and well know Australian Identity and Race Horse owner John Singleton.


Online gambling - No Talk of Liberalization
Lotteries And Casinos Are Sceptical Of Market Opening
Fight Against Illegal Priority
BRUSSELS, Belgium (April 26, 2013) -- Private internet sports betting companies have been lobbying for the liberalization of online gambling in the EU for years, the state monopolist in the market opening are sceptical. Friedrich Stickler, president of the European Lotteries (EL), recognizes the regulatory efforts of the European Commission but said no steps in this direction. "From liberalizing tendencies can be no question at all," he said on Friday.


Czech Republic to Look at Potential of Online Gaming
PRAGUE, Czech Republic (April 28, 2013) -- The Czech Republic has been going through some political changes and now the administration is requesting finance ministers to come up with a new set of rules for online gambling within the next few months. It was revealed the new platform must satisfy the European Commission standards for regulations.


Tabcorp Has Continued To Deliver a Steady Trading Performance
MELBOURNE, Australia (April 29, 2013) -- Wagering and gaming firm Tabcorp has reported a 2.6 per cent lift in third quarter revenue to $480.3 million.


Tatts Group Deal a $90m Blow To Racing Industry
VICTORIA, Australia / BRISBANE, Queensland (April 26, 2013) -- Queensland's racing industry is missing out on tens of millions of dollars every year after its former chiefs ignored legal advice and waived fees of almost $90 million from gaming giant Tatts Group, according to reports.


Lotto Bayern Reports Sales Growth - 3.3 Percent
Already two-Glücksspirale Annuities During the Current Year
BAVARIA, Germany (April 26, 2013) -- Lotto Bayern achieved a sales increase of 3.3 percent in the first quarter of 2013. "The euro jackpot contributed significantly to the positive result of the state gambling services in the Free State at," said Erwin Horak, president of the State Lottery, on the increase in sales.


 
 
 
Online Game Maker’s Shares Fall on Announcement of Second Quarter Loss
SAN FRANCISCO, California (April 27, 2013) -- Shares of Zynga fell 10% in early trading after the online game maker forecast a bigger-than-expected second-quarter loss on concerns about its slow transformation into a gaming company focused on mobiles.


Government Gives Approval for Casino Development by Australian Identity
SYDNEY, Australia (April 29, 2013) – Casino Owner James Packer has reportedly been given approval by the Sri Lankan government to build a $350 million casino and resort complex in the island state's capital of Colombo.


Government Orders Arrest of Casino Owners for Breach of Guidelines
KATHMANDU, Himalaya (April 27, 2013) -- Police today arrested Tapta Bahadur Bista, general manager of Durbar Marg-based Casino Anna, from outside the Annapurna Hotel. It was reported that Officials said Bista had been absconding to evade legal proceedings against him for allowing Nepalese to enter the casino for gambling.

Sunday, 28 April 2013

News Breaks as of Sunday April 28th, 2013


Top Tier prize for Scratch Ticket Claimed
HINESVILLE, Georgia (April 25, 2013) -- Georgia Lottery officials say a scratch-off ticket worth a $2.5 million prize was sold to a Florida man at a convenience store near the Georgia coast,

 

Pennsylvania Lottery Millionaire Raffle Returns for July 6 Drawing
Offers More than $5 Million in Total Prizes, Including Four $1 Million Top Prizes
MIDDLETOWN, Pennsylvania (April 26, 2013) -- Millionaire Raffle, the popular game offering the Pennsylvania Lottery's best odds for winning a million-dollar prize, is returning for a 16th time.

 

The Government Loses with No Sales Tax on illegal lottery
WILLEMSTAD, Curaçao (April 26, 2013) -- The Government of Curacao is losing at least 2 million guilders from sales tax in illegal lottery's which is blooming at this moment

 

Lotteries and Gaming Authority Press Statement On Everleaf
BIRKIRKARA, Malta (April 26, 2013) -- Towards the beginning of 2013, the LGA reported that Everleaf was under scrutiny due to slow payment of players. LGA intervened directly with Everleaf in order to rectify such slow payments.



Northstar New Jersey to Expand Retailers and Embark on 'Transformative' Designs for Lottery Games
TRENTON, New Jersey (April 26, 2013) -- The lone bidder in a plan to privatize New Jersey's lottery will generate new revenue for the state by increasing the number of stores that sell tickets and developing "transformative" designs for lottery games

 

Lottery Commission Fines Technicians who Advise Machine Tampering was Honest Mistake
CHARLESTON, West Virginia (April 25, 2013) -- The state Lottery Commission decided against revoking the licenses of two technicians who confessed to tampering with limited video lottery machines, but fined the men $1,000 each and placed them on six months' probation



Anti-Money Laundering Obligations for Banks and Gaming Operators
Article by: Giulio Coraggio
ITALY (April 18, 2013) -- The Bank of Italy has issued indicators of suspicious money laundering conducts with which both banks dealing with gaming operators and gaming operators themselves shall comply.

 

Gaming Board Head Has Concerns With Gambling Bill
SPRINGFIELD, Illinois (April 26, 2013) --Supporters of gambling expansion are refining legislation to improve its chances, but the Illinois Gaming Board chairman still has major concerns

 

Hearings on Money Laundering and Border Control
BRUSSELS, Belgium (April 24, 2013) -- On 23.04.13, The Special Committee on Organised Crime, Corruption and Money Laundering (CRIM) held two hearings: in the morning on money laundering and tax evasion, and in the afternoon on trafficking (incl. firearms) and border control.

 

Spanish DGOJ to Regulate Exchange Betting And Online Gaming
MADRID, Spain (April 26, 2013) -- The Spanish regulatory authority Dirección General de Ordenación del Juego (DGOJ) said it has studied the arguments posed during the open consultation process with regard to.....

 

Role and Experiences of National Parliaments in the Fight Against Criminality
BRUSSELS, Belgium (April 24, 2013) -- The Special Committee on Organised Crime, Corruption and Money Laundering (CRIM) will organise an Interparliamentary committee meeting with National Parliaments on 07.05.13

 

Governor Vetoes' Casino Ban Bill
DES MOINES, Iowa (April 26, 2013) -- Governor Terry Branstad believes that problem gamblers, who voluntarily excluded themselves from gaming establishments for life, shouldn't get a chance to return to the casino in five years.


Prominent World Football Team Signs with Social Gaming Company
MANCHESTER, U.K. (April 26, 2013) -- Manchester United (NYSE:MANU) one of the most popular and successful sports teams in the world today hosted a launch event to celebrate its new sponsorship agreement with gloops, Japan's leading social gaming company.

 

MDI Customers Set Record for Ticket Entries
ALPHARETTA, Georgia (April 25, 2013) -- MDI Entertainment, LLC, a subsidiary of SCIENTIFIC GAMES Corporation (Nasdaq: SGMS), announced today that lotteries utilizing its Sciplay.Logic platform saw combined same-day ticket entries reach an all-time high last month. Same-day ticket entries for the lotteries, which include Arkansas, Iowa, Missouri, Kentucky, Vermont and North Carolina, totalled more than 500,000 on March 24 - the most ever in one day.

 

Playtech Extends Contract with RAY
LONDON, UK (April 26, 2013) -- Playtech (LSE: PTEC), the international designer, developer, licensor and provider of software and services for the online, mobile, TV and land-based gaming industry, announces a two-year extension of the Company's contract with RAY, (Finnish Slot Machine Association).

 

Lottery Postpones Syndicated Debt Issuance
MADRID, Spain (April 26, 2013) -- Spain's state-owned Loterias, or Lottery, has postponed again plans to make a syndicated debt issuance

 

Lottery Reports Revenue Down as the Impact of Casinos Is Realized
BALTIMORE, Maryland (April 26, 2013) -- Maryland Lottery revenue is down $8.3 million so far this year as some players shift their gaming dollars to the state's casinos.



IGT predicts 4th Year of Double-Digit Growth
RENO, Nevada (April 25, 2013) -- International Game Technology says a strong performance in its earnings for the second quarter has the Nevada-based slot-machine maker confident it will post its fourth consecutive year of double-digit growth.

 

Svenska Spel Reposts Strong Financial Results but Concedes to Losing Market Share
STOCHOLM, Sweden (April 26, 2013) - The Swedish games has reported strong financial results. They have also admitted to also a loss in the market share, as evidenced in the Swedish Game AGM.




Month Sees Lower Lottery Revenue
CHARLESTON, West Virginia (April 25, 2013) - The West Virginia Lottery Commission reported on Thursday that Lottery revenues for March 2013 are nearly $20 million lower than in March 2012.
 
 
 
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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



 
 
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.
 
 
 
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.
 
 
 
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.
 
 
 
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
 
 
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.
 
 
 
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™.
 
 
 
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.
 
 
 
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
 
 
 
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
 
 
 
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.
 
 
 
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.
 
 
 
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.
 
 
 
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
 
 
 
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.
 


 
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.
 
 
 

 
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.
 
 
 
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.
 
 
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.

Tuesday, 23 April 2013

News Update from Lottery Insider for Wednesday April 24, 2013



Lottery Insider's Breaking News Bites are only Available to Subscribers, Whilst we do Post some of these Bites to our Public Blog, our Subscribers will always Receive these News Bites First and Foremost from our Dedicated Website Page.

 
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.


 

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.



 

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.
 

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.

 

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.
 

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.


 
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.

 
 
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."
 


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.

 

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.
 
 

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.
 
 

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.

 

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.


 
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.


 
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.

 

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.


 

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.

 

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.


 

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.
 
 

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."
 
 

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.

 

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.


 

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.
 
 

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.



 
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

Thursday, 18 April 2013

News update for Friday April 19, 2013



Our BLOG Breaking News page is a means of keeping our readers informed on the latest news around the clock, the full release is not published below but will appear within an upcoming edition of the Daily News - we hope that our posts are enough to alert you to any breaking news within the Lottery & Gaming Industry

'Refresh' the page often - Our breaking News Bites are Just Another Part of Our Service & Commitment to Our Readers

Lottery Insider's Breaking News Bites are only Available to Subscribers, Whilst we do Post some of these Bites to our Public Blog, our Subscribers will always Receive these News Bites First and Foremost from our Dedicated Website Page.
 
 
Breaking News Bite - these news bites were posted on our Dedicated Website Breaking News Page as they came to the media - if you missed them then you should have headed to our site !!
 
Law Allowing For Sale Of National Lottery Licence Passed
Bill Passed By 90 Votes To 42 With Fianna Fáil, Sinn Féin And A Number Of Independents Opposed
DUBLIN, Ireland (April 18, 2013) - The Dáil has passed legislation to allow for the sale of the national lottery licence for an extended 20-year period
 
 
 
Strong Opposition to Lottery Privatization Contract
Coffee Break Time
Groups Challenging Administrations Decision
TRENTON, New Jersey (April 17, 2013) -- The Communications Workers of America has vowed to challenge the Christie administration's decision to partially privatize the New Jersey Lottery by awarding a contract to a consortium similar to one that remains under controversy in Illinois.
Casino Winnings to Remain Tax Free for 20 Years
Idea Floated for Casinos to be built within the planned "Free Economic Pilot Zones"
TAIPEI, Taiwan (April 17, 2013) --There will be no tax imposed on casino winnings for the first 20 years following the establishment of casinos in Taiwan, Minister Without Portfolio Yang Chiu-hsing said yesterday
 
Urban Planning Law Impacting Casino Locations to be Discussed before Assembly Closes
MACAU, SAR (April 18, 2013) -- Casinos and other gaming venues will only be allowed in lands plots reserved for tourism uses, once the city's first urban planning bill becomes law.
Should Excess Monies Collected by Charitable Gaming Agencies be seen as Revenue 'Well' to Draw from for Budget Shortfalls
FRANKFORT, Kentucky (April 17, 2013) -- Kentucky lawmakers took $700,000 in excess funds from the agency that oversees charitable gaming in 2008, to contribute towards a $265 million shortfall in the budget. Should the state have been allowed to juggle the finances like that? The state Supreme Court on Wednesday was charged with asking that question
 
 
 
Adverse Media Campaign Launched Against Lotto Operator
MANILA, Philippines (April 17, 2013) - The Malaysian lotto company PGMC (Philippine Gaming Management Corp.) has reportedly been running an advertising campaign to discredit its major client, the PCSO
 
Betfair Conducts Ongoing RFI for Advertising Pitch
LONDON, UK (April 17, 2013) --Three agencies have withdrawn from Betfair's pan-European creative pitch, amid claims the brand's marketing team demanded creative ideas too early on in the process.
 
Paddy Power Requests Shareholder Approval for New Long-Term Incentive Plan
LONDON, UK (April 17, 2013) -- Paddy Power has asked its shareholders to approve the adoption of a new long-term incentive plan (L-tip) for 2013.
 
 
Atlantic City Becoming an Attractive Fledging Online Market
ATLANTIC CITY, New Jersey (April 17, 2013) -- While one online gambling company is proceeding with its bid to take over an Atlantic City casino, another with ties to four other local properties is applying for a license in anticipation of starting Internet gambling in New Jersey,
Successful Debut for INTRALOT'S Video Lottery Monitoring System In Thistledown Racino At Ohio
ATHENS, Greece (April 17, 2013) -- INTRALOT is pleased to announce that more than 1,000 video lottery terminals established at Thistledown Racino, Cleveland Ohio, have been successfully connected to its state-of-the-art video lottery monitoring system. During the first day of Thistledown Racino's operation, INTRALOT's monitoring system handled millions of game plays, while an overflow crowd of players visited the venue and played the VLT games
Government Bans Differential Rate on Gaming Venues
WERRIBBE, Victoria, Australia (April 17, 2013) -- A proposal to impose higher rates on Wyndham's poker machine venues is off the table following a state government ban. A Regional newspaper reports that Local Government Minister Jeanette Powell has quashed plans for councils to introduce higher rates for gaming venues, as part of reforms to differential rates guidelines.
G2E Asia Receives Highest Accolades in Lead up to 2013 Exhibition
MACAU, SAR (April 17, 2013) -- United States President Barack Obama has sent a message of support to the Global Gaming Expo Asia 2013 trade show to be held at the Venetian Macao next month. It follows the granting - by the U.S. Commercial Service of the U.S. Department of Commerce - of Trade Fair Certification to Reed Exhibitions, to organise the official U.S. Pavilion.
 
 
Tabcorp Wins Keno Licence Extension
BRISBANE, Queensland (April 17, 2013) -- Tabcorp Holdings Ltd has paid the Queensland government $20 million for a 25-year extension to its state licence for social lottery game Keno. Tabcorp is the country's biggest Keno operator, with the business contributing $36.7 million, or 16 per cent, of Tabcorp's earnings before interest, tax, depreciation and amortisation in the six months to December. The betting giant's licence, which expires in 2022, wil now run until 2047. Tabcorp operates Keno in more than 3,600 venues in Queensland, New South Wales and Victoria
 
 
House Urged to Consider Casino Bill in Light of Urgent Budget Requirements
CONCORD, New Hampshire (April 16, 2013) - Governor Maggie Hassan has reportedly urged the House on Tuesday 'not to let Massachusetts walk away with millions of dollars from casinos that could help New Hampshire pay for education, hospital aid and school construction, "
Norsk Tipping to Extend Play Availability
HAMAR, Norway (April 16, 2013) -- Norsk Tipping CEO, Torbjorn Almlid has advised that the state operator intends to extend the operating times of its online gaming service from 6am to 3am, with the current rules, it is possible to play at Norwegian Tipping between the hours of 7:00 in the morning and midnight.
British Athletics Agree to New Five-Year Deal with the UK's National Lottery.
LONDON, UK (April 16, 2013) -- The partnership will see the lottery become an event partner at July's Sainsbury's Anniversary Games at London's Olympic Stadium, with branding around the Queen Elizabeth Olympic Park and other activities showcasing its role in supporting the country's athletes.