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NEW VELOCITY GAMING TO COMBINE ONLINE CASINO AND GAME SHOW

Joint venture between Goodson Gaming and Foxwoods Development company
 
Goodson Gaming and Foxwoods Development Company have announced the formation of a new joint venture, Velocity Gaming, that will focus on pursuing regulated online gaming, lottery, and related opportunities worldwide. Velocity Gaming brings together industry leaders in casino gaming, television game show production, and global lotteries in order to generate product awareness, drive incremental game play, and create new customer experiences in the interactive gaming world.
 
The joint venture will combine an online casino site with a weekly television game show, produced by game show producer Jonathan Goodson, who co-created or produced game shows such as The Price is Right and Family Feud and Gaming Solutions International, which has provided turnkey start-up lottery services for over 25 years in the United States and globally.
 
Foxwoods Development Company is wholly owned by The Mashantucket Pequot Tribal Nation, the owners and operators of Foxwoods Resort Casino and the MGM Grand at Foxwoods. Velocity Gaming will benefit from Foxwoods Development Company's extensive casino gaming and technical expertise, as well as its leading position among Native American Tribes in the United States.
 
Jonathan Goodson, Chairman of Goodson Gaming said "Foxwoods Development Company and Goodson Gaming bring a plethora of experience in gaming, lottery, and mass media. I have no doubt that combining Goodson Gaming's proven success in launching lottery game shows worldwide with Foxwoods Development Company's gaming expertise will create an unmatched force in the interactive gaming world."

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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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