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Geosweep UK Relaunch Looks Like a Failure
Sunday February 9,2014 : GEOSWEEP RELAUNCH IN TROUBLE
UK launch starting to look a bit like the Canadian failure
Canada's Atlantic Lottery Corporation lost millions before dropping the ill-fated online Geosweep lottery game last year and the UK relaunch does not appear to be faring much better.
The Canadian Broadcasting Corporation reports that only a handful of the 59.2 million squares available have been sold by GeoLotto UK, which has announced that this latest attempt is to follow the path of two earlier versions and be diluted.
The British website announced this month that from March 1st the game will switch from seven draws a week to just one, an advisory that comes after months of weak sales in Britain.
GeoLotto and predecessor GeoSweep are the work of a London-based company titled Geonomics. The games utilise giant grids placed over a Google map, which allow players to buy plots of land that are then entered in a draw for cash prizes.
The ALC burned its fingers when it attempted to appeal to a younger demographic by launching the game in its GeoSweep guise after convincing Canadian provinces Prince Edward Island and New Brunswick to invest $8 million in the venture and a further $2 million on promotions, but the project fell flat.
Geonomics redesigned the game, increasing jackpots and raising the price to play, but it does not appear to have taken off. Even "hotspots" like the 750 squares around Buckingham Palace went unsold, and interest on social gaming networks has been minimal, with only 53 followers signing up on Twitter.
When asked for comment, Geonomics promised a statement next week.
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2017 Aussie Millions Event 1 -
The Melbourne-based player bested a field of 1,565 entries - 245 up on last year's equivalent - to end up in the heads up with New Zealnad's Qiang Fu, but not before both he and Qiang had narrowly escaped at the four-handed stage when they were the low stacks.
Swiss Reject idea to Block Gambling Websites -
The Legal Affairs Committee of the Swiss National Council has nixed new regulations which would have blocked access to online gambling sites in Switzerland, according to local media reports Tuesday.
Growth Ahead For Online Gambling -
Transparency Market Research has issued a teaser on its latest international online gambling and betting survey, forecasting that the industry will grow at a Compound Annual Growth Rate (CAGR) of 10.8 percent by 2024.
New Qubit software For SkyBetting -
#qubit Sky Betting & Gaming aims to top its record 50 percent revenue growth last year with new player differentiation software and expertise provided by the Qubit company.
Slotfather II Slot Launching -
#betsoft The first is a sequel to the popular gangster-themed online slot Slotfather, unsurprisingly titled Slotfather II, whilst the other is a new 243 ways-to-win game titled Fa Fa Twins..
Massachusetts Online Lottery Bill -
Flanagan's confidence was clearly boosted by the bill's success in the Senate last year, although it was not developed by the House and ran out of time.
Italy Doing Well With Online Sports betting -
The latest numbers from the Italian regulator show that online sports betting remains king when it comes to internet gambling in the market, generating Euro 391.8 million in turnover in December 2016.
Michigan To Reintroduce Online Gambling Bill -
#Michigan state Sen. Mike Kowell's staff have confirmed that the senator plans to reintroduce his online gambling legalization bill, which failed to make it through the last legislative season.
MGM Buys DC office building For lobbying team -
#MGM Resorts International has bought a new Washington, D.C., office building for its in-house lobbying team, led by former chief counsel to the now retired Nevada Sen. Harry Reid, Ayesha Khanna.
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