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Loto Quebec settles with Problem gamblers
3/27/10 After protracted legal fight and ten years of dispute, Loto Quebec has reached an out-of-court settlement with 120 000 plaintiffs in a class action involving exclusion of problem gamblers.
The settlement, said to be calculated at a total of Cdn$ 50 million, could see Loto Quebec funding therapy for those impacted by gambling between 1994 and 2002. The issue was focused on [land] VLT operations, with observers estimating that if the gambling company had lost in court it could have faced a Cdn$ 700 million claim instead of a settlement agreement estimated to be worth Cdn$ 50 million.
Under the terms of the settlement, Loto-Québec will offer plaintiffs an average of Cdn$ 5 000 to fund individual therapy.
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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.
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.
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.
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