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ILLINOIS FIRST TO OFFER ONLINE LOTTERY TICKET SALES

03/21/2012 : March 25 is launch date for new service
 
Illinois will become the first state in the US to sell lottery tickets on the Internet come March 25, reports the The State Journal-Register newspaper.
 
Our readers will recall that Illinois and New York were the two states mentioned by the US Department of Justice in its December 23rd memo that clarified that the Wire Act of 1961 applies only to sports gambling.
 
The DoJ turnabout has opened up new possibilities in America, with a number of states now actively discussing the possibility of offering varying forms of online gambling ranging from lottery tickets to online poker.
 
Michael Jones, the State Lottery Superintendent, estimates that offering lottery tickets over the internet will attract some of the 600,000 to 1 million Illinois residents that favour the lottery yet do not currently play.
 
Jones has revealed that residents will only be able to register and purchase tickets for MegaMillions and Lotto. Legislation is currently in the General Assembly that should add Powerball to those offerings in the future.
 
The registration process for online lottery purchases will verify the player’s age and that they are purchasing tickets within state boundaries. The user must also use a credit card to fund an account to buy tickets. Player limits may also be established, and a limit of $100 per draw per account limit may be set.
 
“The idea is for the state to maximize revenue in an ethical and socially responsible manner," Jones said this week. "One of the major problems with this lottery and a lot of lotteries in the United States is that it’s so narrowly based. A finite group of people play a lot, and what a successful lottery is all about is getting a large number of people to play a little.”
 
Jones also estimates that sales of Megamillions tickets could increase by $78 million to $118 million thanks to online lottery sales. About half of those funds would go to the state.
 
Illinois Lottery sales totalled $2.28 billion in the 2011 fiscal year.

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Gambling News :

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES - Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.

New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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