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Was Chinese online lottery Suspension Sensible

Friday May 22,2015 :  CHINESE LOTTERY SUSPENSION A SENSIBLE MOVE
 
G2E panel holds out hopes for a resumption of business in a more controlled environment.
 
Panel speakers at the G2E Asia conference this week said that the suspension of Chinese online lottery activity by the Chinese authorities was an understandable move on the government's part to bring more order and control to a rapidly expanding sector.
 
The success of the booming online lottery business had been beyond expectations, with lottery sales companies generating increases in revenues of more than 100 percent annually in some cases. That understandably motivated the authorities to review the situation with a view to increasing regulation and control, said the CEO of media and digital group Vermantia, Filippos Antonopoulos.
 
Delegates heard that last (April) month the Ministry of Finance in China gave the green light for a pilot project involving mobile phone instant lottery action in the Jiangsu province, and that this was in progress at present. It was a bold and ambitious initiative, given the size of the province and its population, and it showed government confidence in the viability of such a digital market, experts opined.
 
It also raises commercial questions that remain to be answered if the pilot project is a success, namely whether inter-province selling will be permitted and the future nature of the gambling environment, the panelists said.
 
Another panelist, John English of Webe Gaming, said that province by province test marketing involving major re-seller companies has shown that punters become more demanding in relation to the quality of the gambling experience and the games on offer, challenging the industry to be more innovative and imaginative, especially on the possibilities that sports betting could offer.



Gambling News :

NHL Odds: Forsberg Faces Elliott in Nashville - The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.

Sit & Go 2.0 launched online exclusively at Americas Cardroom - Get ready to cheer like a champion before the first flop is even dealt. The much-anticipated Sit & Go 2.0 is now launched online exclusively at Americas Cardroom and Sit & Go players are reaping the benefits of the next evolution of poker.

NBA Odds: Hawks, Wiz in Southeast Showdown - The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.

Mega Moolah progressive jackpot Hit Again - Microgaming’s Mega Moolah progressive jackpot slot has been hit yet again at just over €6.6 million!

NBA Odds: Clippers Try to Slow Down Bucks in LA - Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.

NCAAB Odds: SMU Hosts Tulsa With AAC Title on the Line - There aren’t too many college basketball teams more profitable than the SMU Mustangs (25-4 SU, 18-5-1 ATS). They host the Tulsa Golden Hurricane (14-14 SU, 15-12 ATS) this Thursday night, tipping off at 8 PM ET on CBSSN.

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

NHL Odds: Reeling Flyers Seek Relief in Pittsburgh - #nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.

Dollars to Donuts Slot Launch - Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.

Secret Symbol Slot - RTG will soon release 'Secret Symbol', a 5 Reel Video Slot on 3/15/2017.

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