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ONTARIO ONLINE GAMBLING VENTURE CONFIRMED

Posted 1/22/11 : Canada's most populous province working toward the launch of an internet gambling venture in 2012
 
The chairman of Ontario Lottery and Gaming, Paul Godfrey, confirmed Friday that the organisation has been tasked by the provincial government to prepare to enter the internet gambling sector in 2012.
 
The chairman referred to the major project, which will see Ontario following in the regulated internet gambling steps of Quebec and British Columbia, in a statement on the re-structuring of the OLG management.
 
He said that the restructuring was intended to not only improve the current efficiency of the agency, but also to meet the needs of a recently expanded mandate from government.
 
"This renewed mandate includes building towards a 2012 launch of Internet Gaming, a process that will be overseen throughout by the Board's newly struck Social Responsibility Committee," Godfrey said.
 
"We are working towards establishing both a new channel of business within the agency and a new standard for safe, secure and responsible on-line play within the broader gaming industry.  Our intent ultimately is to capture a portion of the half billion dollars Ontario residents send out of the province each year through on-line gaming."
 
Godfrey named Tom Marinelli for the role of Executive Vice President, Chief Transformation Officer and Chief Information Officer.  A longtime OLG veteran, Marinelli has in recent months performed well as Acting CEO.  The Board has also appointed Preet Dhindsa, a skilled and experienced manager, as Executive Vice President, Chief Administrative Officer and Chief Financial Officer.  Incumbents for other positions such as president and CEO and Chief Operating Officer are still being sought.
 
The revised management structure will be smaller in its overall number of positions -- down to seven members from ten - but greater in its level of accountability.
 
It will consist, at its core, of four key officers elevated from the rest - a newly expanded and more complex President & CEO role and three newly created Executive Vice President positions.
 
“This restructured executive management team with heightened responsibilities will come at approximately the same cost to the taxpayer as the previous structure. Executive 'perks' will be eliminated within this new structure, a decision rendered by OLG even before the recent announcement from the provincial government,” Godfrey said.
 
Godfrey's statement included some interesting general OLG statistics; he revealed that the corporation employs 18 000 direct and indirect employees work and generates over Cdn$6 billion in revenue annually.
 
It provides close to Cdn$2 billion to the Ontario province to support hospitals, education, amateur sport, culture and charities, and injects an additional Cdn$1.6 billion into the Ontario economy on an annual basis, including just shy of Cdn$445 million in 2010 alone in support to the municipalities that house its gaming sites and the horse racing industry.
 
Nearly $200 million more was paid out in commissions to the 10,000 retailers who sell OLG lottery products.



Gambling News :

NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday - Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.

Pro League Reveals Sportradar Contract Details - The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.

NFL Odds: Steelers Visit Undefeated Chiefs #TNF - The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.

Mega Moolah strikes again - The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.

2 New Slots For Microgaming Casinos - David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.

MLS Odds: Red Bulls vs. Whitecaps - The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.

Velka Pardubicka On RacingUK - Felix de Giles flies the British flag in Sunday’s Velka Pardubicka

Mega Moolah Jackpot Hits on 9/27/2017 - Another millionaire made on Microgaming’s Mega Moolah; 5th largest Microgaming payout

Simon Jones is crowned the Greatest Poker Player in the Universe - A €10,000 leaderboard tracked player progress throughout the series to determine who the Greatest Poker Player in the Universe was. Professional poker player/sports psychology lecturer, Simon Jones, took the crown with a €5,000 cash bonus and trophy to prove it.

MLB Odds: Yankees Favored in AL Wild Card Game - After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.

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