‘Gambling - Lottery’ Archives
Sweden Plans To Block Online Gambling Sites
Sweden is considering plans that would limit its citizen’s access to foreign gambling sites in order to ensure the primacy of its own monopoly, Svenska Spel.According to a story from Swedish newspaper Aftonbladet, the plans are part of the recent Government-commissioned Nyren Report investigating proposals that could lead to a new controlling [...]
GTech Extends Minnesota Contract
Leading American gaming technology and services firm GTech Corporation has announced the signing of a three-year contract extension to continue providing online lottery technology alongside additional self-service and multimedia products to the Minnesota State Lottery.GTech is a subsidiary of Italian giant Lottomatica and has been the online [...]
Job Cuts At Tipp24
After announcing late last month that its business had been hurt by the implementation of the German State Treaty On Gaming, online lottery operator Tipp24 AG has revealed 139 job cuts at its Hamburg head office.”Tipp24 has decided to scale down its Executive Board and greatly reduce our headcount as a consequence of Germany’s new State Treaty [...]
Jaxx Takes €15 Million Hit
Altenholz-based lottery service provider Jaxx AG has announced its financial results for last year showing a consolidated loss of €16.9 million largely due to the implementation of the German State Treaty On Gaming.The gaming specialist stated that it had written down €15 million in investments in its German operations and closed its Jaxx Gmbh [...]
MGS Debuts Mobile Lottery For Venezuela
Just days after launching an interactive mobile lottery service for the island nation of Curacao, leading mobile and interactive gaming solutions provider Managed Gaming Solutions (MGS) has premiered a similar facility for Venezuela.London-based MGS revealed that the new service was launched in partnership with Venezuelan firm Grupo MVTV CA, a [...]
