iGaming Business – German Bundesliga top-division football club FSV Mainz 05 has extended its sponsorship deal with local lottery operator Lotto Rheinland-Pfalz, according to the Wiesbadener Kurier newspaper. The new deal will run until the end of the 2016-17 season. Lotto Rheinland-Pfalz will continue as a second-level co-sponsor of the team. The deal includes naming rights to a standing area for home fans at the club’s Coface Arena, as well as various in-stadium branding and access to a VIP box. SOURCE

Reuters – Chinese gambling fever has crossed the East China Sea. Shares in Lippo jumped 36 percent after a consortium including the Hong Kong-listed property group won approval to build a large-scale casino in Korea. The prospect of luring punters from northern China explains the excitement. But just as in the gambling hub of Macau, investors may be pushing their luck. The news appears to have caught investors by surprise. The consortium of Lippo, Singapore’s OUE and Las Vegas casino operator Caesars had a previous application to build Korea’s first foreign-run gambling resort rejected last year. When it’s opened in…

California Tribal Business Alliance – Recent accounts in the media indicate that PokerStars is in partnership negotiations with the Morongo Band of Mission Indians and three large Southern California Card Clubs to offer online poker in California. The news accounts come at a particularly opportunistic time, when the California State Legislature will be debating two measures that will authorize the play of online poker within California’s borders. One of the most significant issues in the legislative discussions is who will be allowed to offer online poker in California.  From the California Tribal Business Alliance’s (CTBA) perspective, only entities that adhere to…

Daily Finance – The casino industry commands $37 billion in annual revenue. As far as competitive pastimes go, Americans spend more money on gambling than we do on professional sports. And if it’s the rush that’s the draw, there’s no competition: We shell out $9 billion more on gambling than we spend on coffee and video games combined each year. But when you dig into the demographics of gambling, a troubling trend emerges. Among senior citizens, gambling is a primary social outlet — more so than outings to museums, libraries, and zoos, according to one survey of activity directors from…

Biz Journals – Is Philadelphia the next Las Vegas? With the city now home to several casinos, a City Councilman wants to take it a step further, by installing slot machines at the airport. Councilman Jim Kenney is arguing for the measure, saying the city could use the proceeds to fund its struggling education coffers. It wouldn’t be for the general public, just people flying in and out of the city. Here’s what he told Newsworks: “We need new revenue sources for the school district. The state legislature has been reticent to pay anything with the word tax associated with it. 1,300 machines at…

Gambling Online Magazine – At a press conference in Dorking today 41-year-old Neil Trotter claimed the title of fourth biggest National Lottery winner after scooping £107.9m on a lucky Euromillions ticket. Trotter went from car mechanic and racing driver to multimillionaire overnight when he won the staggering amount on Friday. He is now the 745th wealthiest person in the UK and the first in the country to win the Euromillions jackpot this year. Beforehand he had told his colleagues that he was sure he was going to win and that “this time tomorrow” he would be rich. Now, he told…