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NEW HAMPSHIRE ONLINE GAMBLING INITIATIVE ABANDONED
Postponement turns into a cancellation of PlayNowNH project
Hopes that the state of New Hampshire might be among the leaders in introducing a form of internet gambling have been dashed following a decision by the New Hampshire Lottery Commission to scrap the project.
The Commission made good progress in setting up a launch for the PlayNowNH facility, but the brakes were applied by state lawmakers suddenly anxious about the implications of leadership in the field and asking for further debate. It now appears that their efforts to derail the project have been successful.
Observers note that the politicians were also concerned that the proposal had not been presented to them during the budget debates earlier in the year.
PlayNowNH was designed to exploit the online scatch card business model, making internet participation more convenienet for state residents and raising badly needed state revenues. The games envisaged included speed bingo, super slots, baseball, and poker; none of the games would have been played in a real sense, as winners were already determined when the cards were purchased.
This week, the executive director of the Commission, Charles McIntyre, told the Associated Press news agency: "It was my belief that the game would have produced modest revenue.
"In light of our other challenges at this time, it is clear that the resources needed to introduce and sustain a product like PlayNowNH would be a poor return on investment."
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PlaySugarHouse To Carry Konami Content -
Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.
ITF TERMINATES BETWAY SPONSORSHIP DEAL -
The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.
GSA To Launch European division -
The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.
Paddy Power Trading Update -
Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.
Tabcorp SunBets project -
The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.
China Lottery Sales Up in 2016 -
The Chinese official news agency Xinghua reports that according to figures from the Ministry of Finance released Monday, Chinese lottery sales in 2016 rose 7.3 percent year-on-year to 394.64 billion yuan (about US$57.53 billion).
New chairman and a new director for 500.com -
Chinese online lottery operator 500.com has announced major executive changes to the company with the apparently amicable departure of director and chairman Man San Law, as well as director Weiguo Zhao from its board of directors, effective January 20, 2017.
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