Turkey confirms National Lottery tender launch

iGaming Business – Turkey’s Privatisation Authority has confirmed the opening of a new tender for the privatisation of the country’s National Lottery. According to the HurriyetDailyNews.com website, potential bidders have been set a deadline of February 13, 2014 to submit their offer. Bidders can make pre-qualification applications up until January 30, 2014. The terms of the tender state that only real persons and joint venture groups can take part in the tender. Bidders will be also required a bid bond of $10 million (€7.4 million) in order to participate. In 2009, Turkey dropped plans to privatise the lottery after two…

Cantor Gaming opens lottery club China

Las Vegas Review Journal – Cantor Gaming has expanded to Tianjin, China, with the opening Monday of an 80,000-saquare-foot lottery club. The Las Vegas-based company said it supplied technology, systems and infrastructure for the Cantor Club. Terms of the deal were not disclosed. Cantor’s latest gaming venture is a partnership with Global Entertainment Investment & Management Co. Ltd. and the Tianjin Welfare Lottery club. The Cantor Club offers its members lottery games as well as several private dining room, and mah jong parlors and lounges. Cantor also offers an account-based system similar to the account wagering it offers customers at…

5 growing companies in online lotteries, gaming and gambling

The Motley Fool – The move to online business opens up definite growth possibilities and equally challenging situations for companies in the gaming and gambling business. Leisure and entertainment is something everyone enjoys, and will pay good money for. Now with online and mobile capabilities, people can take part in gaming and free-to-play gambling wherever they are, and traditional tote, lottery and casino business is quickly developing and expanding to not only seize new customers but to protect its current number of loyal players. Tatts Group (ASX: TTS) and Tabcorp (ASX: TAH) are the most well-known for wagering, totes for…

Holland Casino set for further job cuts

iGaming Business – Dutch gambling monopoly Holland Casino is set to cut a third of its jobs in its head office as part of a new strategy to decentralise operations put in place as a response to its financial problems. According to the DutchNews.nl website, the firm is to give its 14 individual casinos more sat in how each operation is run, a move that will enable the company to shed 100 out of 300 jobs. Holland Casino also implemented another reorganistaion earlier this year that led to the loss of 350 jobs. The company has suffered during the last…

The UK’s biggest casino seeks the world’s smallest doormen

Press Release – The UK’s biggest casino, the London Hippodrome, risked controversy last week with its advert in The Metro seeking Door Dwarfs – to work as bouncers at the casino’s new entrance. The casino reopened its doors in July 2012 and now welcomes 35,000 visitors a week. Of course, UK residents have no real need to go to a land based casino as they can gamble online at a huge number of different casino sites. But while the convenience of online casinos will doubtless be the main attraction for people who decide to play roulette with 32Red and the…

Michigan to launch “iLottery” next year

Star-Telegram – Michigan will sell lottery tickets and offer games online in a year’s time after two companies were chosen Monday to run an “iLottery” billed as a way to help fund public schools and keep the lottery relevant. The decision came five months after lottery officials indefinitely halted their plans because lawmakers rejected Gov. Rick Snyder’s funding request to launch the online lottery. Legislators, however, did not prohibit the Lottery Bureau from spending existing money in its budget to offer Internet tickets and games on computers and mobile devices. Michigan will become the third state with an iLottery since…