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MORE ONLINE LOTTERY ACTION COMING TO THE U.S.

Saturday September 24, 2011 : Online gambling turnkey provider predicts more internet action for state lotteries
 
In an interview with the Smart Money blog this week Richard Baskin, co-chairman of U.S. Digital Gaming, predicted that online lottery activity in US states will grow substantially as more governments implement plans to go online.
 
Baskin's company is interestingly billed as "set up three years ago to assist 10 states move online", although Baskin declined to name the state governments with which US Digital is working.
 
The company, founded by former land gambling execs, has certainly been lifting its media profile in recent months.
 
Earlier this year its name cropped up repeatedly in hearings and online gambling legalisation initiatives in New Jersey, California, Nevada and Iowa as the company manoeuvred to position itself strongly in the online gambling legalisation arena, offering a slew of relevant services.
 
The company raised around $3 million from outside investors, including prominent real estate developers, Herb Simon, a mall developer who owns the Indiana Pacers basketball team, Vornado Realty Trust Chairman Steven Roth, and Robert Taubman and William Taubman, who lead real estate giant Taubman.
 
This outside investment is on top of around $3 million from Baskin and Richard Bronson, his partner in founding the venture.
 
Individual states obviously see a potentially huge revenue source, as state lotteries are already firmly established favourites with punters, Baskin opined. Americans wager an estimated $66 billion annually in the U.S., according to a survey conducted by U.S. Digital Gaming,
 
By moving online, these numbers are likely to grow, Bronson says.
 
Smart Money reports that Minnesota, which began offering its own online subscription lottery service a year ago, will soon be followed by several states currently making plans to sell tickets. Illinois passed a law in 2009 to set up an online lottery and lawmakers from other states also support moving their lotteries to the web, including California, New Jersey, D.C., Nevada and Massachusetts.

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Gambling News :

Is Gibraltar Out of Luck in US Tax Challenge - Gibraltar's challenge to the UK 15 percent point-of-consumption tax on online gambling operator revenues has already failed in the UK High Court, and it looks as if it may be rejected by the European Court of Justice too.

Quickspin are now available in Denmark - #quickspin The roll-out strengthens the long-standing partnership between the supplier and the operator, with Quickspin games already available on Vera&John’s websites around the world.

UCypher Launches - Indian entertainment and media entrepreneur Ronnie Screwvala has announced the formation of UCypher, an eSports tournament in which ten teams will compete.

Extreme Live Gaming In deal With Betsson - Extreme Live Gaming, a subsidiary of the Novomatic Interactive group, has announced a live dealer product deal with the Betsson online gambling group, with an initial launch planned for Betsson.com, followed by other brands in the Swedish group's portfolio.

Expansion Mode For BoyleSports - The Bambury premises are situated in Kildare, Meath and Dublin and will be refurbished and rebranded after acquisition, with the total of 31 staff remaining in employment..

Safecharge Q4-2016 - Online e-cash processing firm Safecharge, where Playtech's Teddy Sagi is a majority shareholder, released a trading update on its Q4-2016 performance Thursday, flagging record transaction processing volumes and revenues.

ASA Most Controversial Ads of 2016 - Paddy Power's penchant for advertisements that cause a stir saw the betting company mentioned twice in the Top Ten most controversial adverts of 2016 released by the Advertising Standards Authority in the UK Thursday.

Yggdrasi To Enter Italian Gambling Market - Yggdrasil’s Italian offering will include the company's collection of in-game promotional tools, BOOST, improving gamification, and the social sharing tool, BRAG. The company’s mobile product will also be available on its HTML5 iSense 2 platform.

888sport is the latest to join sports betting integrity body ESSA - Major operator 888sport is the latest to join sports betting integrity body ESSA with the company adding its customer base and betting market platforms to ESSA’s global anti-fraud alert and reporting system.

First partypoker live event to be held in Russia - Partypoker’s new live tour will kick off in Russia on March 24, 2017 at Sochi Casino and Resort in association with Club Poker Management. Online Day 1’s will start on partypoker on March 12, 2017.

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