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German state lotteries call for new federal regulation

Germany’s 16 state-owned lotteries have published an open letter calling for the country’s federal government to introduce new regulations to guarantee their role in the country’s gambling market and enforce a ban on illegal operators offering poker, casino and lottery games.

The letter, also signed by the 16 state sporting associations, [...]

1 min read

Latin America and Asia Pacific growth drive global lottery sales

Growth in the Latin America and Asia Pacific regions helped worldwide lottery sales increase by 5 per cent for the first nine months of 2013, according to the latest figures released by the World Lottery Association (WLA).

The WLA, the umbrella organisation for state lottery and gaming operators, said that growth [...]

1 min read

Shares in China’s 500.com soar following IPO in New York

500.com Limited, a Ministry of Finance-authorised online sports-lottery vendor in China, saw its shares soar by more than 50 per cent during its first day of trading on the New York Stock Exchange Friday.

The company had priced its initial public offering of 5,786,000 American Depositary Shares (ADSs) at $13.00 per [...]

1 min read

China LotSynergy launches telephone lottery sales platform

China LotSynergy Holdings has developed a new telephone lottery sales system platform for the Shanghai Welfare Lottery Issuance Centre, with Shanghai becoming the third Welfare Lottery sales authority in China to sell lottery products via the telephone.

1 min read

Intralot secures third deal in Taiwan to supply betting services

Greek lottery and gaming systems provider Intralot has strengthened its relationship with the Taiwan Sports Lottery Corporation (TSLC), securing a ten-year contract to supply the lottery with online and land-based single-event betting services. 

1 min read

Tipp24 well positioned for online lottery growth despite Q3 blip

Despite a disappointing third quarter performance which saw revenue fall by 24 per cent year-on-year, Germany’s Tipp24 said Wednesday that it is “excellently positioned” to benefit from the growth of the worldwide online lottery market, beginning with a new joint venture in the UK with Geonomics.

The company said that the [...]

1 min read

Software error a jackpot for EspaceJeux.com players

Canadian provincial lottery operator Loto-Quebec has temporarily removed the Poker Grand Prix game from its online gaming site EspaceJeux.com after a software error led to erroneous payouts to players.

1 min read

GTECH increases Oregon market share with new VLT deal

Italian gaming supplier GTECH has increased its share of the video lottery terminal (VLT) market in the US state of Oregon following the signing of a new supply deal with the Oregon Lottery.

Following a request for offers, GTECH’s subsidiary SPIELO International Canada ULC will supply 1,500 new OXYGEN VLTs and [...]

1 min read

Pennsylvania extends Camelot bid despite mounting criticism

Pennsylvania Governor Tom Corbett has agreed to extend the deadline for Camelot’s proposed bid to take over as the private manager of the Pennsylvania Lottery, despite the State Treasurer Rob McCord this week urging the governor to end what he called the “flawed and wasteful privatization effort.”

1 min read

China’s 500.com files for NYSE IPO

500.com ltd., a Ministry of Finance-authorised online sports-lottery vendor in China, has filed for a $150m initial public offering (IPO) on the New York Stock Exchange.

1 min read

AGTech awarded multiple Chinese sports lottery contracts

China's AGTech has won three competitive tenders in its home market that will see it expand its sports lottery business in the provinces of Zhejiang and Shaanxi  and the autonomous region of Inner  Mongolia.

1 min read

AGTech expands Chinese virtual sports offering with football

China’s AGTech has secured approval from the country’s Ministry of Finance to launch a second virtual sports product in the country through its joint venture with Ladbrokes, with Virtual Football set to go live in the Jiangsu province.

1 min read
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