Category: Land Based Gaming and Casinos
Northstar signs New Jersey Lottery deal
From iGaming Business Despite months of protest from union leaders and Democrat legislators, the new Northstar New Jersey Lottery Group joint venture has signed a 15-year contract to supply the New Jersey Lottery with marketing and sales services. A joint venture between American lottery technology provider Scientific Games Corporation and GTECH Corporation in partnership with OSI LTT NJ Holdings Incorporated, Northstar New Jersey has paid the eastern state $120 million up front as part of the agreement, which is set to begin from October 1. According to a report from The Star-Ledger newspaper, the New Jersey Lottery is the state’s…
Queen delighted after her horse wins historic Gold Cup
From USA Today It keeps getting better for Queen Elizabeth II: Her horse won an historic Gold Cup race at Ascot today, the first time in the two centuries of the race it has been won by a reigning monarch. The horse-loving queen, widely respected as an expert on horse breeding and racing, appeared to be delighted as she accepted the Gold Cup after her horse, Estimate, romped to victory at Royal Ascot, the annual five-day horse-racing extravaganza that brings out brightly-plumed royals and toffs alongside ordinary punters. “One has won!” exclaimed the cheeky Daily Mail headline. The BBC, ever…
Asia embraces casinos, India hedges it bets
From Reuters Like many visitors to the Casino Royale Goa on a rainy Saturday night on India’s western coast, Salim Budhwani said he does not gamble but also had no objection to the betting at the busy tables downstairs. Despite socially conservative India’s ambivalence about gambling, consultancy firm KPMG estimated that $60 billion was wagered in the country in 2010. Much of the gambling is illegal, but attitudes are slowly changing as more Asian countries embrace gaming as a revenue generator and tourist draw. Legal gambling in the increasingly wealthy country of 1.2 billion is limited to state lotteries, horse…
SHFL Entertainment games go live with GameAccount Network
From iGaming Business Global gaming supplier SHFL Entertainment Incorporated has announced that some of its most popular proprietary table games have been integrated onto the GameAccount Network online platform and are now taking real-money bets. Las Vegas-based SHFL Entertainment signed an agreement with GameAccount Global Limited in early-February to offer online versions of its Three Card Poker, Ultimate Texas Hold’Em and Fortune Pai Gow Poker to iGaming operators in the United Kingdom, Italy and Spain via the GameAccount Network and has since been waiting on the necessary regulatory approvals. “The go-live of our online games is a significant milestone for…
Casino Mogul Goes On Huge Rant Against Online Gambling
From Business Insider Sheldon Adelson is the CEO of mega casino company Las Vegas Sands. You might think that his business would feel threatened if online gambling became legal, and gamblers no longer had to enter his physical casinos. Thus it’s no surprise that during an interview on BloombergTV, Adelson slammed online gambling as a toxic trainwreck. Of course, he doesn’t say he’s against online gambling because it will hurt his business. He says it’s all about society and the possibility that gamblers will get too hooked. “They are not getting wrong. I just had lunch with Steve Wynn. He…
Horse Racing Contributed £3.5B to British Economy
The “Economic Impact of British Racing in 2013″, a study released by the British Horseracing Authority and Deloitte, indicates that horse racing in Britain had an overall impact of £3.5B on the British economy in 2012. The study, which was published by Sports Business Daily, said that the amount was just a slight rise since the last study was completed in 2009. Once inflation is figured in, however, a small contraction of 1.2 percent is evident. Racing remains the second most popular sport in Britain, with 5.6 million people attending the races in 2012. Not including the London Olympic and…















