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Maltco : 10-year Maltese National Lottery concession
Thursday June 28,2012 : MALTCO GRANTED 10-YEAR LOTTO CONCESSION
Winning bid of Euro 39.1 million
Following a much contested process, Intralot subsidiary Maltco has been granted the 10-year Maltese National Lottery concession and will re-introduce the National Lottery in the coming months.
Maltco outbid Lottomatica with a Euro 39.1 million offer to the Government.
"During my talks with finance minister Tonio Fenech, I promised him that I would be somehow returning the money he gave to Greece in aid," a satisfied Constantinos Antonopoulos, chief executive of Greek lottery giant Intralot told Malta Today.
While Finance minister Tonio Fenech announced the return of the National Lottery, discussions with the Lotteries and Gaming Authority on games and prizes still need to be concluded.
The new licence valid from July 1, will operate in a newly regulated environment that has increased the legal betting age from 16 to 18 and includes the establishment of a Responsible Gambling Fund to which the LGA and Maltco will contribute in assisting gambling addicts.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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