Reprieve For Minnesota Lottery Online Activity (update)
Minnesota House lawmakers reject banning proposal Minnesota lawmakers in the state House may not like the state lottery's foray into online offers without their permission (see previous InfoPowa reports) but they are not inclined to ban the new genre, a choice they demonstrated Tuesday in voting against a Senate-proposed ban. That's not to say that the issue will not resurface at some future point as politicians miffed by the lack of consultation prior to the launch of online activity exert
Restauranteur Punished For Money Laundering
Hawaiian businessman gets six months in jail Oahu restaurant owner Thomas Ky (47) was sentenced to six months in jail Wednesday on a money laundering charge involving $1.3 million, allegedly from an unidentified but illegal online gambling enterprise. Exactly how Ky committed the offence is unclear - court documents show only that he became involved when he assisted former employees embroiled in the gambling scheme who asked for help between 2009 and 2012. Nevertheless, Ky admitted guilt in a plea
Revenues Soar At Perform Group
Q1-2014 numbers show strong performance from subsidiaries Watch&Bet and Opta The UK digital sports media group Perform has released its Q1-2014 numbers showing revenues soared 32 percent, thanks mainly to strong performances from the Opta and Watch&Bet subsidiaries. First quarter revenues reached GBP 59.6 million (Q1- million) positioning the group strongly for the upcoming World Cup football in Brazil mid-2014. Joint CEO Simon Denyer, said: "Good early progress has been made on the cost reduction plans laid out at the
Scientific Games To Supply Panama Lottery With Its First Online Game
Pega 3 to be provided under SG's existing agreement with the lottery Scientific Games Corporation announced Friday that it has signed an amendment to its contract with Loteria Nacional de Beneficencia of Panama to provide the country's first online lottery game, Pega 3. Created by Scientific Games, Pega 3 is scheduled to launch in June 2014 as a standard Pick 3 game. "Pega 3 is our first online lottery draw game and a brand new product for Panama as we
Slovenia State Lottery Launches Online Sports Betting Site
Partnership with Inspired Gaming has betting facility ready before the World Cup football Aided by Inspired Gaming, the Slovenia state sports lottery (Športna Loterija) has launched its virtual sports betting online site well ahead of the Brazil-hosted FIFA World Cup football championships in June this year. Inspired has provided the sports lottery's website, e-stave, with seven sports - horses, greyhounds, football, motor racing, speedway, tennis and cycling - localised for the Slovenian betting market. The sports will be streamed live
Sportech Awaits Tax Ruling
Government appeal in respect of GBP 95 million VAT case has now been heard UK gambling group Sportech will have to wait until summer for the latest, and hopefully final, decision on its long-running tax dispute with Her Majesty's Revenue & Customs following the completion of appeal hearings on the GBP 95 million case this week. The Value Added Tax issue based on Sportech's "Spot the Ball" game was heard on appeal by the Upper Tax Tribunal after HMRC was
Sportech To Showcase New Wagering Products
Mobile and Online products for Asian audience Forum-goers at the 35th Asian Racing Conference in Hong Kong will be privy to Sportech Racing and Digital's latest digital pari-mutuel waging products which include its new Digital Link suite of mobile applications. Sportech's Apple App Store-approved Digital Link works in conjunction with on-track wagering devices and the racing consumer's own smart phone providing services such as Sportech's patented digital voucher, a paperless alternative to vouchers and betting tickets. The company will debut
Springowl Tackles Bwin Party Share Value "destruction" (update)
Again urges shareholders to vote in SpringOwl candidate quartet In the escalating public fight between bwin.party digital entertainment and shareholder SpringOwl, led by Jason Ader (see previous InfoPowa reports), a presentation at savebwinparty.com provides a detailed overview of ways in which SpringOwl believes that the "Company's incumbent Board has overseen significant shareholder value destruction (approximately 60 percent decline in share price since the 2010 announcement of the merger of Bwin Interactive Entertainment AG and PartyGaming plc) due to failed execution,
Strong Q2-2014 Trading Reported By Netplay T.v.
Interactive television gambling firm extends Big Brother sponsorship NetPlayTV, the British interactive television and internet gambling group, has announced that trading has had a strong start in Q2 2014 with average daily net revenue up by 17 percent versus Q2 2013, and that its brand SuperCasino.com will be the headline sponsor of both Big Brother and Celebrity Big Brother summer 2014 for a second consecutive year. Big Brother will air every night on Channel 5 from June, which will be
Sullivan Leaves William Hill Australia (update)
Amicable parting of the ways, say both parties Veteran Michael Sullivan has stepped down as chief executive officer of William Hill Australia-owned Sportingbet.com.au after more than a decade (see previous InfoPowa reports). According to a joint statement, "It was always agreed that we would mutually review the situation after the first year and having overseen the integration, both William Hill and Michael believe the time now is right for him to pursue other challenges." The statement praised the pivotal role