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BETWARE SEEKS U.S. LOTTERY DEALS

Icelandic firm has big ambitions
 
Hot on the heels of its agreement to distribute Microgaming online gambling products in May this year, the Icelandic firm Betware is seeking a contract to deploy online gambling products for the Massachusetts State Lottery.
 
The company has chosen Massachusetts as its first US business target due to its technical expertise and innovative thinking, said Betware chief executive Stefan Hrafnkelsson, adding that he has met with lottery management and state lawmakers to further the project and introduce a pilot scheme to test the concept.
 
 “We believe they are the best fit,” Hrafnkelsson said, pointing out that internet gambling would be an effective way for the Lottery to expand its customer base to include a younger generation of gamblers.
 
Spokesmen for the Massachusetts State Lottery Commission confirmed the discussions, which took place in March this year, but cautioned that the Lottery does not have any plans to move forward with the concept at this time.
 
Hrafnkelsson said he expects that some sort of approval would also be needed from the state Legislature.
 
Betware, founded 14 years ago, develops software that facilitates online lotteries in a number of countries, including Spain and Canada. The company’s technology also can allow bets to be placed via cell phones or Internet TV.
 
In a statement this week, Betware noted that the US Congress included an online gambling exemption for state lotteries in a 2006 law that bars U.S. banks from allowing credit card payments for online betting. The company emphasised that its technology would ensure that anyone placing a bet in the Massachusetts Lottery would be doing so within the state’s borders.
 
Earlier this month  New Hampshire state lottery management backed away and postponed a proposal to introduce online lottery games after state lawmakers expressed reservations.
 
In May this year Isle Of Man-based online gambling software provider Microgaming announced a deal licensing Betware to distribute a suite oif some 85 quality games virtual casino games to international state lotteries.



Gambling News :

$400k Winner at Bodog Casino - To win, you need to get a pair of Tens or better. Jerry K., however, got a much higher hand than the minimum; he pocketed $397,879 after landing the game’s best possible hand: a royal flush.

NBA : Warriors Win the West; NBA Finals Next - The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.

Iforium In Partnership With Booming Games - Iforium, the leading provider of casino aggregation software, are pleased to announce a new agreement with Booming Games

PartyPoker Rakebak - Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.

NHL Odds: Lone Canadian Team Plays on Friday - “Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.

NBA Odds: Will Cavaliers Be Rusty in Game 1? - The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.

4 New Microgaming Releases in May 2017 - Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.

PKR Company Statement Update - Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.

Microgaming Wins The Spark Award 2017 - The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.

NHL Predators First Ever Conference Finals Appearance - With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.

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