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Lottomatica is to re-brand to GTech

Friday January 25,2013 : LOTTOMATICA TO REBRAND TO GTECH
 
Italian giant integrates its businesses with its U.S. unit GTech Holdings Corporation.
 
The giant Italian and international land and online gambling group Lottomatica is to re-brand to GTech, it announced Thursday, motivated by the need to integrate its business units with its U.S. unit GTech Holdings Corporation.
 
According to a Reuters news agency report, the re-branding plan will be implemented throughout 2013, with Lottomatica operating under a unified structure aligned around three global geographic regions.
 
The group, currently organised in three separate business units, took over GTech Holdings in 2006 for $4.7 billion, becoming one of the largest groups of its kind in the world.
 
The change of name, which has yet to be given shareholder approval, will allow Lottomatica to take advantage of the global brand of GTech and help communicate the group's vision, the company said in a press statement.
 
In 2011, Lottomatica had Euro 3 billion ($3.9 billion) in revenues and 8,000 employees in over 60 countries.
 
GTech subsidiaries include Finsoft SpieloG2, an online gambling content distributor that is currently at the centre of an alleged cheating scandal being investigated by the Gibraltar online gambling regulator .
 
It was a big week all round for Lottomatica; the company also achieved intrastate online poker licensing status from the Nevada Gaming Commission, along with Sartini Synergy Online, a division of Golden Gaming.
 
The two companies became the 18th and 19th Nevada licensees following a meeting of the Commission Thursday.
 
Lottomatica hopes to provide software to casino operators seeking to open virtual poker rooms servicing Nevada residents, whilst Sartini has plans to extend its operator activities to the internet and mobile environment.
 
Blake Sartini, CEO of parent group Golden Gaming, told the commission his company is still developing its interactive gaming strategy, but wants to be prepared for the new licensed online poker market.

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Gambling News :

Tain Fast Bet - Our readers will recall Tain recently increased the number of live events it covers each month to 23,000, covering both traditional markets such as football, tennis and US sports and the more obscure curling, biathlon and Water Polo.

Olympic Entertainment Group Mobile Gaming - In its full-year 2016 report, Olympic Entertainment Group (OEG) has informed the establishment of a Malta-based company registered to facilitate its intended expansion into remote gambling.

Circus Evolution HD Slot - Malta-based content provider World Match has released its first title of 2017, “Circus Evolution HD”, a 5-reel, 3-row, circus-themed adventure offering Free Spins, Wilds and a Bonus Game.

Kindred Group Gets EU Recommendation on Consumer Protection - Kindred Group (formerly Unibet) has become the first operator to successfully meet the requirements of the EU Recommendation on Consumer Protection and Responsible Gambling following an external audit.

17 Crown people still detained - Reports from China over the weekend suggest that the 17 Crown people still detained could be looking at another twelve months of imprisonment as investigations into their alleged and still unspecified crimes drag on

SB1400 Virginia Poker Skill Game Bill - Her bill SB1400 is currently with the Senate General Laws and Technology Committee, whose 15 members will decide whether to progress it or condemn the Senator to another year of failure.

Pennsylvania Video Gaming Association - With the focus on Pennsylvania as the most likely next US state to legalize online gambling as part of a general gambling expansion measure, reporters noted this week the emergence of a new lobbying group in the state - the Pennsylvania Video Gaming Association.

Stiffer Problem Gambling Penalties in UK - The Guardian newspaper reports that the UK Gambling Commission plans to unveil new enforcement strategies on problem gambling and money laundering prevention this month, laying down tougher penalties for operators who fail to tackle these issues.

Malaysian police Destroy over 5000 Gambling Computers - Malaysian police in Kajang have destroyed 5,042 computer sets seized in online gambling raids over the past two years, explaining that the action is designed to take the machines out of circulation.

Spartan Poker vs SpartanPoker name War - Pokerguru, which owns the brand SpartanPoker.com, has threatened to sue the Indian Poker Championship over its use of the title Spartan Poker, and recently published a notification that it is not associated with the IPC version of the brand.

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