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Port Edward Island and the First Nation Mikmaq Confederacy deal investigated

Port Edward Island Auditor General will be asked to carry out an enquiry into the Mi'kmaq Confederacy deal.
A failed million dollar deal last year between the Canadian provincial government of Port Edward Island and the First Nation Mi'kmaq Confederacy, with the goal of establishing an online gambling licensing jurisdiction, is to be investigated, according to local media reports.
The provincial government's public accounts committee voted Thursday to ask the Auditor General to investigate the agreement, which has resulted in an alleged million dollar prejudice to the provincial government.
Questions surround a decision by Finance Minister Wes Sheridan to provide a million dollar loan to the Confederacy as seed money for the project. When the project failed, the Confederacy declined to return the money, saying it was only responsible for paying the money back once the plan started to generate revenue, which never happened
Sheridan exacerbated the situation by declining to reveal the size of the loan, saying only that it was less than a million dollars.
Opposition leader Steven Myers, a member of the public accounts committee, said this week:
"It's quite a tangled web the whole e-gaming thing. I'm not sure if we've ever gotten a straight answer from Wes Sheridan and I'm not sure if we ever will.
"But the truth is out there somewheres, and it's high time that we start trying to dig in and find out what that truth is. There's a million dollars that we know about for sure that's gone."
Auditor General Jane MacAdam is not bound by the committee's request. Her office can also investigate any program without being asked.

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Gambling News :

Tom Horn Awarded Malta Gaming License - Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.

Calvin Ayre invests in new Antigua Business Center - Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.

Attack of the Zombies Slot - Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.

Why is FullFlush Poker Still Down - Its now almost a month since Full Flush Poker went offline "for a platform upgrade" and stopped communicating with its reportedly many unpaid and unhappy players. All trace of the operator - and means to communicate with it - have vanished.

Time Running Our For Pennsylvanian online gambling - Hopes that this week would see the Pennsylvanian Senate voting on an online gambling and DFS legalization bill already passed by the House four months ago dwindled Wednesday when no progress was made and the legislatures season officially closed.

Yggdrasil Gaming Expanding - The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.

FanDuel and DraftKings Settle With NY Attorney General - Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.

Stan james Now Live With EPOS - The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.

Singapore Online Gambling Ban Begins - Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.

Chinese police action against Crown Resorts Widens - In addition to the 18 Crown employees still held after their arrest last week, it now appears that the police questioned 87 Crown punters and junket organizers, detaining 10 of the latter.

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