|“Scratchers sales last week were $18.8 million,” said May Scheve Reardon, executive director of the Missouri Lottery. “Of those sales, $4.3 million was from the new $30 Scratchers game alone.”|
Sen. John Unger compared fantasy sports betting to horse racing, saying it should be regulated as such. Fantasy sports gambling is no different in our view than video lottery, betting on horses or greyhounds, all of which are regulated and supervised by the West Virginia Lottery Commission or other entities. Why should the lucrative field of fantasy sports betting be given a pass? Especially in a time of state budget woes, we believe regulating and taxing fantasy sports gambling would provide not only important oversight, but much-needed revenue. And as Senate Minority Leader Jeff Kessler pointed out, all other forms of legalized gambling provide money dedicated to important programs for senior citizens, school facilities and the PROMISE Scholarship. Let’s be clear, we aren’t against fantasy sports gambling. And the small workplace- or friend-based games should proceed as they currently do. But major, multimillion-dollar corporations that promote sports gambling should be regulated and taxed.
Len Ainsworth, founder and executive chairman of gaming machine supplier Ainsworth Game Technology (AGT), said that with Novomatic's strength and support, the future of AGT was assured and its potential increased. Professor Johann Graf, founder of Novomatic said: “Ainsworth is iconic and we are delighted to become substantial shareholders in the company (if shareholder approval is granted). We support the Board and management’s strategy and look forward to assisting the Company as it continues to successfully build its international footprint and profile.” Mag. Harald Neumann, CEO of NOVOMATIC, commented on the latest announcement, saying that the planned acquisition of Ainsworth Game Technology shares will be a continuation of his company’s international growth strategy, with the targeted Australian gaming manufacturer being among the leaders in the production and distribution of related solutions in Australasia and the Americas.
Despite the fact that the defendants did design bots to play online poker, they were acquitted of fraud.
The Company will host a conference call and live webcast to discuss the results. Conference call: Thursday, March 17, 2016 8:00 a.m. EDT / 1:00 p.m. GMT / 2:00 p.m. CET