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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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Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
"Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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