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Council of Ministers for Jersey Questions Viability of Online Gambling

Saturday September 5,2015 :  JERSEY GOVERNMENT QUESTIONS VIABILITY OF ONLINE GAMBLING PROJECT
 
Council of Ministers conducting a consultation exercise.
 
To the dismay of digital businesses located there, the Council of Ministers for Jersey, one of the Channel Islands which has diversified its economy by setting up an e-gaming jurisdiction, has embarked on a consultative initiative to determine whether online gaming is a viable way to do so.
 
ITV reports that there are fears that the island's e-gambling and e-gaming industry could grind to a halt following the government's concerns on the project, and companies have warned that if the ministers decide to withdraw their support Jersey's digital reputation could suffer, and that could also undermine efforts to find new ways to strengthen the island economy.
 
Jersey's Gambling Commission has defended the e-gaming project, saying in a statement that there has been a huge amount of interest in using Jersey as a base for regulated e-gaming and e-gambling activity following on from the ICE Totally Gaming show in London earlier this year.
 
That event was given strong ministerial support in the form of leadership by Senator Philip Ozouf, the Commission notes, adding:
 
"While it would be inappropriate to prejudge the consultation that closes on Monday, it's clear to us from the conversations that we have had that there is a significant potential for the sector to grow, and that targeted marketing support and support in terms of allowing a small number of appropriately skilled and qualified individuals to come and work in the sector could create a significant number of jobs for Islanders and would bring investment to Jersey."

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Gambling News :

IGT Continues Partnership with Coljuegos EICE - IGT will continue its 16-year partnership with Colombian administrative gaming authority Coljuegos EICE following a public procurement process for a five-year private operator contract to run the draw-based online lottery game Baloto.

Magic Spells SLot Launches - The penny slots’ Wild symbol is a bubbling cauldron which is an Expanded Wild that can cover up to four positions for multiple winning combinations.

Mega Moolah progressive jackpot slot was hit for Euro 6,078,249.33 - Identified as N.C., the player was a novice who signed up to the online casino on a new customer bonus offering 100 chances to become a millionaire for Euro 5.

Lightning Box Games in Deal With Everi Games - Australian slot developer, Lightning Box Games, has entered into a distribution deal with electronic gaming content provider, Everi Games, for a selection of its proprietary slot content.

Storspiller HighRoller Casino Launches - Storspiller.com is targeted at “high rollers” within Kindred’s total registered customer base who play for GBP 200 or more per month.

Another Attempt to Acquire Tatts - The surprise A$8.4 billion bid for Tatts late last year by the Pacific Consortium caused some consternation in the Tabcorp and Tatts boards, which were in merger talks but these concerns faded following Tatts rebuff of the consortium's offer

US Supreme Court Interested in NJ SportsBetting Case - The US Supreme Court, which is for the second year mulling whether to hear New Jersey's case for wider legalized sports betting in the United States ) has showed some interest in the case.

Ladbrokes Trading Update - The Ladbrokes Coral plc online and land gambling group has released a trading statement for the unaudited year to 31 December 2016, reporting:

Leovegas Player Wins a BMW X4 - A 23-year-old Southampton University student identified only as Leo has won a GBP 50,000 BMW X4 sports saloon car playing NetEnt's Live Casino Roulette on the Leo Vegas mobile gambling,site.

New Survey on Europe Online Gambling Regulations - The companies delivered their conclusions, which include both EU and European Economic Area technical regulations, this week.

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