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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 :

Netent Enters Mexico With Deal With Codere - The statement advises that the agreement enables the Swedish company to provide its portfolio offerings to Codere through that company’s existing operator license.

Winamax Poker Launches Dealers Choice Games - The Dealer's Choice in poker format is not a new concept, but Winamax enlivened the French online poker scene by introducing it last week, taking advantage of looser game restrictions by the French regulator ARJEL.

2016 Unibet Poker Open Bucharest main event Results - Romanian poker ace Traian Bostan banked Euro 100,000 this weekend after winning the Euro 1,100 buy-in Unibet Poker Open Bucharest main event hosted by the JW Marriott Bucharest Grand Hotel.

Limited Gambling To Be Allowed in Bermuda - After two years of discussion senators in the self-governing British overseas territory of Bermuda finally approved the Casino Gaming Amendment Act 2016 last week, ushering in a potentially more liberal and practical approach to gambling in the Caribbean island nation.

Crown Resorts Employees Should Confess - Youxi suggested that Crown should hire good lawyers to defend its employees, something Crown's existing Chinese legal representatives may regard as offensive.

Jack Lam on the Run - "Our records also showed Lam arrived in Manila last Nov. 25 aboard a China Airlines flight from Taipei,” she said, observing that there was no record of any return to the Philippines since his departure.

Golden Jungle Slot - IGT is about to launch online its popular land casino slot Golden Jungle, adding yet another jungle-and-temple themed game to the dozens already available to internet and mobile punters.

Philippines president Orders Arrest of Jack Lam casino magnate - Rodrigo Duterte, the shoot-from-the-hip Philippines president, has intervened in the fast-moving bribery scandal involving his Justice Secretary Vitaliano Aguirre, Pagcor chief Andrea Domingo and Macau-based casino magnate Jack Lam

South Africa Going After Illegal Gambling - In South Africa a combined national police and federal enforcement initiative has shuttered 19 illegal gambling venues across the provinces of Northern Cape and North West.

The Winning Express arbitrage sports betting scheme - A UK-based GBP 27 million arbitrage sports betting scheme, The Winning Express, has collapsed, leaving a thousand investors with concerns that their money is lost, according to a BBC report over the weekend.

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