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Another US Legal Loophole

Canadian company Lotto IP.com feels it has a solution to offering legal online gambling in the United States market that is "as easy as purchasing a Powerball lottery ticket." 

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The company has developed a simple business method whereby tickets issued by US state or Canadian provincial lottery retailers can now carry unique validation codes that will allow the bearer to log onto a state-controlled gaming site.
 
Ticket purchasers can then access popular on-site games such as Texas Hold’em, slots, or Blackjack and play against the site or other ticket buyers, later redeeming their online winnings at a local lottery retail outlet.
 
The key to the Game With Us concept is that it provides public officials with the ability to define a regionally specific audience for an online site while employing traditional local lottery regulations, infrastructure and resources, say company spokesmen.
 
The method would likely operate on the same business rules, sales strategies and operational models as existing state lottery offerings, using technological assets to leverage existing online casino and poker products that are well proven and inexpensive to implement due to the maturity of the market.
 
“We’re already in discussion with a number of U.S. state legislatures as well as Congress at the federal level and there is significant excitement being generated around the impact this could have on the public and private gaming sectors,” claims Edward McBride in a statement from Lotto IP. “In some districts laws are being crafted now to permit the application of the new Lotto IP method and we expect to start signing agreements over the next 24 months.”
 
Lotto IP has not stated whether it will run the licensing operations generated by its new method itself or if it will be seeking an outright buyer for the process, but it has revealed that is in discussions with major private sector online and offline gaming providers who may be interested.
 
“Essentially for these companies it’s a question of how they can be a part of the inevitable transformation that this will bring to the sector,” McBride says. “No matter what their decision, however, the impact that this will have is going to cause significant repercussions to the market share of existing private gaming sites and to how online gaming will be delivered in the future.”



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3 Top Bitcoin Poker Sites - Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.

Kentucky Derby Odds: Justify still Favorite - With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.

$40,000,000 guaranteed Partypoker Powerfest - $40,000,000 guaranteed POWERFEST schedule released. 6th-20th May, 366 events, 13 events with $1,000,000+ guaranteed

888Poker Takes Over the States - With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?

Top gambling ICOs to watch this year - The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.

MPN Poker Tour Bratislava Results - Alex Hendriks Wins Inaugural MPN Poker Tour Bratislava Main Event and €27,000

MPN Poker Tour Bratislava | Day 2 - It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.

MPN Poker Tour Bratislava Day 1B - Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today

MPN Poker Tour Bratislava Day 1A - The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.

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