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LADBROKES CHINESE JOINT VENTURE SELECTS OPENBET

Friday September 2,2011 : Joint ventures first product to Chinese market live
 
Asia Gaming Technologies (Beijing) Co., Ltd (AGT), a joint venture between bookmaker Ladbrokes and Hong-Kong based lottery services provider AGTech, has launched its first product to the Chinese market in cooperation with the Hunan Sports Lottery.
 
The "Lucky Racing Game", a sports-themed electronic random number generated lottery game where customers can choose to wager on a virtual car race between 12 cars over two laps of an oval track, was approved by the PRC lottery regulator (Ministry of Finance of the PRC) earlier this year.
 
The platform and game were developed by AGT in association with interactive betting and gaming specialists OpenBet and sister company Inspired Gaming.
 
Adam Greenblatt, Director of Corporate and Strategic Development, Ladbrokes said:  “This is a small but positive step in a key gambling market.  We are pleased to have launched our first product - the result of many years of relationship building in China."
 
David Loveday, CEO of OpenBet, added: "This is yet another project that demonstrates how OpenBet works in partnership with its customers and other providers to deliver an all round successful sportsbook solution.
“Lottery businesses are at the forefront of what we do and where we are going as a business and being able to bring our product to China, with Inspired Gaming and Ladbrokes, is very exciting for OpenBet and marks yet another milestone in our international expansion and expertise."
 

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Mega Moolah progressive jackpot slot was hit for Euro 6,078,249.33 - Identified as N.C., the player was a novice who signed up to the online casino on a new customer bonus offering 100 chances to become a millionaire for Euro 5.

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Another Attempt to Acquire Tatts - The surprise A$8.4 billion bid for Tatts late last year by the Pacific Consortium caused some consternation in the Tabcorp and Tatts boards, which were in merger talks but these concerns faded following Tatts rebuff of the consortium's offer

US Supreme Court Interested in NJ SportsBetting Case - The US Supreme Court, which is for the second year mulling whether to hear New Jersey's case for wider legalized sports betting in the United States ) has showed some interest in the case.

Ladbrokes Trading Update - The Ladbrokes Coral plc online and land gambling group has released a trading statement for the unaudited year to 31 December 2016, reporting:

Leovegas Player Wins a BMW X4 - A 23-year-old Southampton University student identified only as Leo has won a GBP 50,000 BMW X4 sports saloon car playing NetEnt's Live Casino Roulette on the Leo Vegas mobile gambling,site.

New Survey on Europe Online Gambling Regulations - The companies delivered their conclusions, which include both EU and European Economic Area technical regulations, this week.

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