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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 :

Michael Myers is back in Halloween Slot Machine - Get ready for a blood-curdling adventure with Microgaming’s latest offering – Halloween Follow Annie, Lynda, Doctor Loomis, and our heroine Laurie as they try to survive the ultimate horror movie villain, Michael Myers.

Joe Fortune new Rewards Program - Once you sign up, you’re automatically enrolled in the rewards program – and that’s when the epic journey begins. You’ll start earning Adventure Miles immediately, and can embark on the quest of a lifetime: To get paid to play, which stays true to the rewards program’s slogan, ‘Play More Get More’.

Day 1a MPN Poker Tour Tallinn Main Event - Day 1a brought 106 entries into the €550 Main Event, with nearly as many players turning out for the last €35 super satellite into tomorrow’s Day 1b

NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday - Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.

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Mega Moolah strikes again - The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.

2 New Slots For Microgaming Casinos - David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.

MLS Odds: Red Bulls vs. Whitecaps - The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.

Velka Pardubicka On RacingUK - Felix de Giles flies the British flag in Sunday’s Velka Pardubicka

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