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GERMAN PAN-EUROPEAN LOTTERY PLAN

Media reports in Europe indicate a rising tide of suspicion and indignation among European betting groups at the possibility of German state-dominated lottery operators extending their reach with a "pan-European" venture that will offer multi-million Euro prizes competitive with Euro Millions. 

SlotsOasisChanges to German law this (January) month make such a project possible, and it is believed that the combined state lotteries are looking at an October 2009 launch. The many private betting companies trying to fight their way into the exclusive German market using EU arguments are reported to be indignant that the German lotteries are accessing the wider European market whilst continuing to insist on excluding foreign companies from offering the Germans more varied and competitive action.
 
The tentative branding "EuroJackpot" is believed to have been settled on for the new venture, which could market jackpots as high as Euro 90 million.
 
Going back to February 2008, some German lotteries were considering a more nationally diverse pan-European initiative. Klaus Sattler, spokesman for the Baden-Württemberg state lottery commission at the time, said: "It's true there are talks among several European lotteries on creating a joint, jackpot-oriented game."  He would not, however, discuss the possibility that German state lotteries might be involved....or could decide to go it alone in the future.
 
The idea of a pan-European lottery is not a new one, The Guardian newspaper reported at the time.  The Nordic countries - Norway, Sweden, Denmark, Iceland, Finland and Estonia - became the first to form a lottery cooperative in 1993 with the Viking Lottery, which has a top prize which remains of the same value for all the countries involved, while the smaller prizes are decided locally.
 
The other collective, with which the new German venture will presumably compete, is the EuroMillions, a scheme set up by lottery companies Francaise des Jeux in France, Loterias y Apuestas del Estado in Spain and Camelot in Britain that started in early 2004. By the end of that year, Austria, Belgium, Ireland, Luxembourg, Portugal and Switzerland had joined the three founding nations. Unlike the Viking Lottery, all prizes are of the same amount in each country.

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Gambling News :

Is Gibraltar Out of Luck in US Tax Challenge - Gibraltar's challenge to the UK 15 percent point-of-consumption tax on online gambling operator revenues has already failed in the UK High Court, and it looks as if it may be rejected by the European Court of Justice too.

Quickspin are now available in Denmark - #quickspin The roll-out strengthens the long-standing partnership between the supplier and the operator, with Quickspin games already available on Vera&John’s websites around the world.

UCypher Launches - Indian entertainment and media entrepreneur Ronnie Screwvala has announced the formation of UCypher, an eSports tournament in which ten teams will compete.

Extreme Live Gaming In deal With Betsson - Extreme Live Gaming, a subsidiary of the Novomatic Interactive group, has announced a live dealer product deal with the Betsson online gambling group, with an initial launch planned for Betsson.com, followed by other brands in the Swedish group's portfolio.

Expansion Mode For BoyleSports - The Bambury premises are situated in Kildare, Meath and Dublin and will be refurbished and rebranded after acquisition, with the total of 31 staff remaining in employment..

Safecharge Q4-2016 - Online e-cash processing firm Safecharge, where Playtech's Teddy Sagi is a majority shareholder, released a trading update on its Q4-2016 performance Thursday, flagging record transaction processing volumes and revenues.

ASA Most Controversial Ads of 2016 - Paddy Power's penchant for advertisements that cause a stir saw the betting company mentioned twice in the Top Ten most controversial adverts of 2016 released by the Advertising Standards Authority in the UK Thursday.

Yggdrasi To Enter Italian Gambling Market - Yggdrasil’s Italian offering will include the company's collection of in-game promotional tools, BOOST, improving gamification, and the social sharing tool, BRAG. The company’s mobile product will also be available on its HTML5 iSense 2 platform.

888sport is the latest to join sports betting integrity body ESSA - Major operator 888sport is the latest to join sports betting integrity body ESSA with the company adding its customer base and betting market platforms to ESSA’s global anti-fraud alert and reporting system.

First partypoker live event to be held in Russia - Partypoker’s new live tour will kick off in Russia on March 24, 2017 at Sochi Casino and Resort in association with Club Poker Management. Online Day 1’s will start on partypoker on March 12, 2017.

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