iGaming Business – Next generation mobile lottery platform LottoInteractive has selected GeoComply USA as its geolocation solutions provider. GeoComply is licensed by the Nevada Gaming Control Board to provide geolocation services to approved operators in the market. The firm has also been approved by the New Jersey Division of Gaming Enforcement and currently supports 10 of the 11 gambling websites that are live in the US state. Brian Ward, chief executive officer of LottoInteractive, said: “Balancing the serious criminal liabilities for lottery operators from accidentally taking play from neighboring States with the need to enable simple sign-up and log-in for…

Wales Online – An ex-gambling executive has lifted the lid on how the betting industry has put controversial fixed odds terminals in every high street bookies. The games machines, which let punters stake £300 a minute or £18,000 an hour, have been dubbed “the crack cocaine of gambling”. Last year more than £60m vanished into fixed odds betting terminals in Wales. They are commonly used to play roulette and were introduced to Britain in 2001. “Everyone in the industry thought we would get all these casino high-rollers using these machines,” said Adrian Parkinson, a former regional manager for Tote who…

The Motley Fool – Japanese gaming will likely be the biggest topic in the gaming world in 2014. The one obstacle in the way, however, is the fact that casinos are still forbidden in the country. The government will vote on legislation in the coming months that will decide whether or not casinos will be allowed to begin building in Japan. Analysts expect that if the country allows casinos, it could beat out Singapore to become the second-largest gambling hub in the world, behind Macau. After winning its bid for the 2020 Summer Olympics in Tokyo, Japan immediately started looking…

The Motley Fool – With gaming growth in Macau and hopes for Japan later this year, gamblers and investors alike are wondering which countries will also follow suit and ramp up their gaming industries. Because the country wants to support cultural development and it already has a head start with its leisure and gaming industry, South Korea might become yet another high-profit growth region for gaming in South East Asia. Since the South Korean government decided to allow large-scale casinos in the country two years ago, only one company has successfully won a bid to build there. Genting, the operator…

Jamaica Observer – Construction of the first licensed casino in Jamaica is scheduled to begin in a few months. Celebration Jamaica Development Limited, one of the companies, which applied for the first set of casino licences is looking at starting construction as early as summer once government gives approval. Founder of the company, Robert Trotta, said the project will be completed in three years once approval is granted. “We have a full brand new convention centre, right here in the middle of Rose Hall, we are ten minutes from the airport, there is no better place in the Caribbean to…

Palm Beach Post – A Florida House committee took a first glance Thursday at a gambling plan that would create a gaming commission, do away with inactive pari-mutuel permits and rein in barrel racing and other types of horse racing that one Republican lawmaker called “sham” activities. The Florida Select Committee on Gaming debated the 411-page plan and a proposed constitutional amendment that would give voters the power to decide whether gambling should be expanded in the future. The proposed amendment would have no impact on whatever lawmakers approve this year, including whether to authorize Las Vegas-style casino resorts that…

Poker Fuse – The Delaware Lottery has published the revenue results from February which show a 16% fall in poker rake and fees. The four months of figures now available provide a picture of how each of the three licensees is doing in the market. The amount wagered on table games in February doubled from January’s $1.1m to $2.2m producing net proceeds of $65k. Adding in the $27k of video lottery revenues (slots) produced a total of $92k, which meant that poker’s proceeds of $74k now represent just 44% of the total. That compares with the 76% produced by poker…

Daily Finance – There may be pretty lights, free-flowing cocktails and a theatrical buzz at the casino, but don’t go thinking that the treat for the senses is cheap. Slot players collectively walk out with as little as 90 percent of their money, on average. The odds are slightly better at the table games — including blackjack, poker and roulette — but there is no diversion where gamblers have the edge over the establishment. The house always wins. The odds are more favorable at a casino than state lotteries that only return as little as half of what they take…