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Prince Edward Islands Online Gambling Update

Tuesday June 28,2016 : PRINCE EDWARD ISLAND ONLINE GAMBLING DEBACLE LINGERS ON (Update)
 
Provinces auditor general wont deliver e-gaming report until the fall - Opposition protests.
 
The 2011 debacle that was Prince Edward Islands abortive attempt to set up a tribal online gambling licensing jurisdiction continues to excite political criticism and debate, with the Canadian provinces parliament currently awaiting the provincial auditor generals report on the issue.
 
Unfortunately, and to the frustration of the Opposition NDP, that will now not be forthcoming until the fall.
 
This week Auditor General Jane MacAdam revealed in response to a press enquiry that her report will not be available until the fall
 
MacAdam said: "Our field work is substantially complete. However, some information we requested it still outstanding."
 
CBC News asked MacAdam what information was outstanding, but she could not elaborate.
 
MacAdam says drafting of the report is to begin in late June, and that will include reviews and discussions with senior management and any third parties referenced in the report.
 
"Given that summer is upon us, we expect to experience delays in the reporting phase. Due to vacation schedules, some of these individuals may not be readily available to review and discuss relevant sections of the draft report," she said.
 
In a media release responding to the Auditor Generals comments on the delay, P.E.I. NDP Leader Mike Redmond expressed dismay over the length of time its taking to review the e-gaming file.
 
"It has now been almost a year and a half [since the AG was tasked with the review], and still no report," Redmond said. "Why the delays and what is the overall cost of the investigations?"
 
Redmond referenced provincial premier Wade MacLaughlans December 2015 interview with CBC News in which he said he expected the auditor generals report to be released "in the first quarter, or certainly in the first several months of 2016."
 
P.E.I.s public accounts committee tasked the auditor general with conducting an investigation into the e-gaming initiative in February 2015. A month later, MacLauchlan said he would also ask the auditor general to investigate.
 
In the lead-up to the May 4, 2015 provincial election, the NDP said a judicial inquiry was needed, while the PCs promised a royal commission.
 
This week a frustrated Opposition leader said: "We stand by our call for a full public inquiry. The only reasonable avenue in restoring the publics trust in our public institutions is a full review of this file."
 
InfoPowa readers will recall that In December 2011, the P.E.I. government provided a loan worth $950,000 to the tribal Mikmaq Confederacy of PEI with a view to setting up a First Nation regulatory jurisdiction in order to generate new revenue.
 
The loan was to be repaid from e-gaming revenues generated by the jurisdiction, but the venture failed and a jurisdiction never materialised; the tribe has not paid back the money on these grounds.
 
Capital Market Technologies, a company which claimed it had been involved in the abortive e-gaming venture, filed litigation against the provincial government in April 2015, suing for millions of dollars. That claim was thrown out by the PEI Supreme Court, which ordered CMT to pay Cdn$ 74,000 in costs.
 
But the political acrimony and the loss of almost a million dollars of taxpayer money in the tribal loan linger on.

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Gambling News :

Yggdrasi To Enter Italian Gambling Market - Yggdrasil’s Italian offering will include the company's collection of in-game promotional tools, BOOST, improving gamification, and the social sharing tool, BRAG. The company’s mobile product will also be available on its HTML5 iSense 2 platform.

888sport is the latest to join sports betting integrity body ESSA - Major operator 888sport is the latest to join sports betting integrity body ESSA with the company adding its customer base and betting market platforms to ESSA’s global anti-fraud alert and reporting system.

First partypoker live event to be held in Russia - Partypoker’s new live tour will kick off in Russia on March 24, 2017 at Sochi Casino and Resort in association with Club Poker Management. Online Day 1’s will start on partypoker on March 12, 2017.

Rooster Slot Launches - “Rooster” offers 243-ways-to-win along with a big chase in the free games bonus round, where all 5-of-a-kinds are multiplied by the lucky number 5!

Scientific Games Completes DEQ Systems Corp Acquisition - Scientific Games has completed its acquisition of table games product developer DEQ Systems Corp after a deal was announced at the end of August 2016 .

Asia Gaming To Showcase Live Dealer Action - Asia Gaming will be practically demonstrating its live dealer baccarat at the ICE show next month. The Asia-facing online gambling provider is on the expansion trail and intends to make a big impact at the expo and conference in London.

25 Unlicensed Gambling Operators still in Czech Republic - Ondracka claims that the Finance Ministry has not been "resolute" in acting against the illegal operators, who he says include major companies.

2017 Aussie Millions Event 6 - Heads up, Boivin faced local pro Joel Feldman, but the Aussie proved to be no match for an on-fire Boivin who dispatched him with the runner up prize of A$78,440.

2017 Ice Totally Gaming - Next month's ICE Totally Gaming conference and expo will again be a truly international affair, following confirmation by organizers Clarion Gaming that a total of 67 jurisdictions and sovereign states will be represented on the show floor at ExCeL Centre, London.

Prince Edward Island Writes off Casino venture as Bad Debt - The debacle has resulted in stricter financial disclosure rules being introduced with which government ministers and their departments will have to comply - especially regarding loan and other write-offs of taxpayer monies.

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