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"Our most important task ahead is that in the context of a clear responsibility to continue to strengthen the customer offering and customer experience so that it becomes even easier and more fun to play with us. Competition is tougher than ever. This, combined with the responsible gaming measures we introduced last year, we do not manage to keep the growth rate required to maintain our market share.Consumer protection costs," says Svenska Spel's President Lennart Käll.
Sales in China’s booming lottery market declined 6.3 percent in the first year-on-year drop in more than two years after the government launched a crackdown on online sales.
Under new regulations set out in the now approved Gambling Act  2015, online casino, games and bingo services will be subjected to a one per cent tax on gross gaming revenue in the country.  Operators that offer online sports betting services in Ireland will be charged at a 15 per cent net revenue rate for such operations. The rate is the same set by the UK Gambling Commission for online sports wagering operators in the regulated UK market.
James Henderson, chief executive officer of William Hill, said: “As expected, group operating profit was impacted by a £20 million increase in gambling duties following the introduction of POC tax in December 2014 and the increase in the machine gaming duty rate in March 2015.   “However, we are well positioned to benefit as the UK online market evolves following the introduction of POC tax, with our ongoing technology investments expected to benefit both product and customer experience and with a substantial marketing commitment.
PGRI Note:  This model of setting up private commercial online lottery companies to illegally compete with authorized government-lotteries is evolving quickly and with potentially profound impacts on the funding for Good Causes that state lotteries support.   This is article describes how Lottoland is tapping into new capital markets to hedge against the risk of covering large jackpots.  Much more on the implications of these developments are discussed in the next issue of Public Gaming International Magazine.
Lottery officials say in fiscal year 2013-14, the Lottery achieved record sales resulting in the transfer of $1.49 billion to Florida’s students and schools.  This is the thirteenth consecutive year the Lottery has transferred more than $1 billion to education.

The casino operator said the  company’s bankrupt operating division, Caesars Entertainment Operating Co., has been unable to reach a deal regarding the restructuring plan to cut “some” debt, Reuters reported.  The company said it halted talks with the Ad Hoc Committee Bank Lenders. Caesars has until May 15 to file a plan for reorganizing Caesars Entertainment Operating Co.
Lottery operator, Camelot has entered into a partnership with social media agency Kindred to launch a new campaign on Twitter and Facebook.
Since its investment in omni-channel technology offering, the company's global headcount has already increased by more than 20% between January 2014 and March this year.
Ninety percent of all sports betting occurs on the illegal unregulated markets.  65% percent of the global betting handle was spent on soccer, he continued, while tennis and cricket accounted for around 12 percent.  The World Anti-Doping Agency has estimated that a quarter of global sport was controlled by organized crime and their betting syndicates.  Many of the domestic Asian sports leagues are riddled with corruption.  In 2009 Chinese President Hu Jintao said that there was so much match-fixing in the Chinese soccer league he declared it to be a “national disgrace that embarrassed China.”  Michael Hershman, a member of the ICSS advisory board, said the issue of corruption in sport and how it had been ignored for too long and was now “was rising to the level of a monumental scandal.”
Visa, Mastercard and other card associations facilitate card payments, but the banks that issue the cards decide whether to decline or authorize a purchase.  More than half of Mastercard transactions and more than one-quarter of Visa transactions are declined for legal online gambling in New Jersey.  No longer will legal online bets be lumped in with illegal ones.  The banks’ hardline approach to online gambling is a holdover from the years when the practice wasn’t legal anywhere in the country.


Public Gaming /Paul Jason -   / Susan Jason -  /Office Phone - + 425-449-3000  
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