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Ontario Lottery Facing Major Management Problems
Friday May 17,2013 : MAJOR MANAGEMENT PROBLEMS IN ONTARIO LOTTERY
Will this delay the move into online gambling?
The news Thursday that Ontario Lottery and Gaming Corporation (OLG) chief executive Paul Godfrey has been fired, causing the entire board of directors to quit in protest, has triggered speculation that the management disruption could delay the Canadian province's entry into the online gambling market, scheduled for later this year or early 2014.
Godfrey claims in media interviews that he was not given any reasons for his dismissal by provincial finance minister Charles Sousa, and says that to his knowledge there was no justification for his dismissal.
But he has said that the recently (February) appointed provincial premier Kathleen Wynne has indicated to him that she has a different strategy for the OLG, something which he does not believe Ontario can afford to embark upon.
For his part, Sousa issued the usual bland and political statement, praising Godfrey's contribution in turning the OLG's fortunes around, but omitting any reasons for his dismissal.
Wynne has indicated that Godfrey's duties will be taken over temporarily by cabinet secretary Peter Wallace until a permanent replacement for Godfrey is found.
The new head of the provincial government is reportedly not a fan of gambling, which doesn't bode well for already advanced plans in the populous but cash-strapped province for an expansion of land and online gambling.
After years of considering online gambling possibilities in the wake of the successful internet gambling ventures of fellow-provinces Quebec, Manitoba and British Columbia, Ontario appeared to be making real progress, with a Request For Proposals from prospective internet gambling software providers reportedly due soon.
Where the current debacle leaves this initiative is at present anyone's guess.
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Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
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Playtech Acquires ECM Systems -
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Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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