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New ive-streamed lottery action

NEW APPLICATION FOR INTERNET LOTTERY ACTION
 
You've heard of live dealer casino action...here's the latest on live lotteries.
 
The Gibraltar-based online lottery platform provider Lottonetix has launched what it claims is an innovative development for the lottery business - live-streamed lottery action with live presenters, the project motivated by the success of live dealer casino action in recent years.
 
The company has developed the concept in collaboration with online lottery B2B solutions provider Kootac, a Malta-based enterprise with ten years in the lottery business, four of them in the online sector.
 
The launch includes a range of live lottery games, hosted by real-life dealers via Lottonetix's online lottery platform
 
The company is hoping to tap into a greater share of the online lottery business, estimated by La Fleur's World Lottery Almanac back in 2012 to be worth around $250 million a year. The partnership also envisages a lively white label business with interested operators, including clients like Lotto Booking, Lotto Dealer, Play Euro Lotto, Lottobird and Gigalotto.
 
Players buy their tickets remotely and watch the draw take place live every few minutes; there are two live lottery draw products in the offering, Lucky 7 and Lucky 5.
 
In addition, the platform offers related live games like Wheel of Fortune, Bet on Poker, Dice and Baccarat. These games are designed to provide variety and keep online players engaged for longer periods.

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Gambling News :

Interwetten 2016 Earnings Results - Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform

EU Online Gambling Tax Harmoney Dead - Tax expert says European Court of Justice Attorney General's opinion on UK-Gibraltar litigation signals that EU courts are happy for individual member states to impose their own laws on online gambling.

Jack Lam Facing Big Fines in the Philippines - It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him.

Walter Merricks Term As Gambing Commissioner Extended - The UK Government has extended Walter Merricks’ term as Commissioner of the Gambling Commission for a further year, ending December 31, 2017.

Loot’enKhamun Pays $3.8 Million Jackpot - A London-based construction worker’s year got off to a great start when he hit the Loot’enKhamun jackpot at bwin casino.

PlaySugarHouse To Carry Konami Content - Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.

ITF TERMINATES BETWAY SPONSORSHIP DEAL - The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.

GSA To Launch European division - The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.

Paddy Power Trading Update - Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.

Tabcorp SunBets project - The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.

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