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Good Numbers for Michigan Online Gambling

Tuesday January 27,2015 : GOOD PERFORMANCE FROM ONLINE GAMING IN MICHIGAN
 
Lottery reports that online sales and games launched last year have already attracted 87,000 players.
 
Michigan Lottery spokesman Jeff Holyfield told local media this week that the Lottery's sally into the online gaming sector last year has so far proved to be a success, with 87,000 players opening Michigan online gaming accounts and encouraging sales of tickets via mobile and internet channels.
 
The system, launched with minimal fanfare in August last year and expanded in November, allows players to buy tickets for games like Instant Keno, Cashword and Pot O’ Gold using desktop and mobile devices.
 
Holyfield emphasised that the Lottery was still in the initial stages of the online project, which presently constitutes only 1 percent of the lottery's business, but it was clear that the new channel appealed to a significant number of state residents.
 
He said that the roll-out had been deliberately carried out in a low-key manner to ensure that the system was working efficiently before wider promotion was undertaken; this will now be triggered with radio promotions in February, and the Lottery will eventually make draw games, such as Mega Millions or Powerball, available for play online.
 
The iLottery service has so far generated $3.7 million for the state after payouts, Holyfield revealed.
 
“The whole system has functioned as we expected,” the Lottery spokesman said. “We’ve got players out there who are liking it and playing. Last week we had our first big winner - $75,000 for a player in Oakland County. We’re starting to see those.”
 
The lottery contracted with Canadian-based Pollard Banknote Ltd. and NeoGames to build and manage the system at an estimated cost of $23.2 million over four years. The state agency expects online gaming to generate $480 million over eight years for the School Aid Fund.
 
The online project has not been without drama; at one stage the state legislature declined to fund the online gaming expansion in the budget and lawmakers in both the House and Senate introduced unsuccessful standalone bills seeking to stop implementation
 
Holyfield observed that the lottery's experience has been in line with recent research that has found there are no strong associations between online gambling and problem gambling, and he emphasised that the iLottery online technology allows for safeguards that aren’t available in other formats.
 
Addressing concerns by convenience store owners that online ticket sales might discourage punters from visiting their shops, Holyfield said that online gaming appeals to casual players who might not otherwise frequent stores.
 
In addition, some games have “second chance” options encouraging players to visit retailers, and players can get bonus cash by buying online game play cards in participating stores.
 
“We want the brick-and-mortar retailers to have every opportunity to benefit from these online games,” Holyfield said.

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Gambling News :

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES - Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.

New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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