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ALC geo Based Lottery Under scrutiny by Canadian provincial law makers
Friday February 6,2015 : DESPERATE MEASURES FOR GEOSWEEP GAME?
When do you throw in the towel?
The Atlantic Lottery Corporation’s (ALC) CAD$8.7 million geo-location based lottery investment in 2011 is under scrutiny by Canadian provincial law makers.
Geonomics’ (previously Roboreus) map-based lottery game GeoSweep, failed to deliver proving to be an expensive exercise that aside from the CAD$8.7 million investment had another CAD$ 2 million thrown behind marketing the concept which was contributed by both the PEI and New Brunswick provinces.
GeoSweep, now rebranded as GeoLotto, recently re-entered the UK market, one in which it had failed previously , and is marketing the game by handing out cash on the streets of various British cities, recording the encounters and posting them online.
New Brunswick NDP leader Dominic Cardy wants ALC executives held accountable for the losses.
"This is millions of dollars we've wasted on this," Cardy told CBC News.
The Atlantic Lottery Corporation is "following pipe dreams that literally end up with us handing out our cash on the streets of the UK. Can't really believe it's happening, but there you go.
"The idea that there are paid actors wandering around the UK giving away New Brunswick tax dollars is crazy," he said.
Patrick Daigle, chief executive officer of the ALC admitted the game was not performing as expected saying it will be watched closely over the coming months after which a decision will be made on whether to write the investment off.
Gambling News :
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Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
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Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!
3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
Pokerstars Pulls Out Of Coloumbia -
Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.
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