Tag: gambling video
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…
Kentucky gets $6 million in online poker case
From Courier-Journal Kentucky officials announced Wednesday that the state is receiving $6.075 million in an online poker case settlement. Kentucky officials filed a lawsuit in 2008 to seize 141 domain names that it alleged were involved in illegal internet gambling in the state. Later, Kentucky joined lawsuits filed by federal prosecutors against some of the same internet domain names in the Kentucky case. The settlement is between Kentucky and those prosecutors, the state announced. Gov. Steve Beshear said in a statement that the efforts help protect “our signature horse racing industry and legitimate charitable gaming interests.” Beshear said the funds…
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…
Nevada gaming license for GeoComply
From iGaming Business Location technology provider, GeoComply USA, Inc. has become the latest company to be awarded a Class II Nevada Gaming License. Yesterday’s award comes after successful hearings before the Nevada Gaming Control Board and Nevada Gaming Commission earlier this month. “We’re very excited to receive our license in Nevada and have the ability to offer Nevada operators our accurate, user-friendly and secure geolocation solutions,” says GeoComply CEO Anna Sainsbury. “It’s a big step in our continued commitment to the evolving North American iGaming market.” GeoComply has also submitted a license application with the state of New Jersey, in…
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…
Don’t Expect a Nevada Lottery Any Time Soon
From Pokerati Let’s halt one rumor before it gains traction. Scientific Games Corp.’s $1.5 billion acquisition of slot machine manufacturer WMS Industries doesn’t mean a statewide lottery is headed to Nevada. New York-based Scientific Games provides lottery systems and equipment to U.S. states, Canadian provinces and foreign governments. The company was actively seeking to acquire a traditional slot machine vendor when the buyout was announced in February. It wasn’t about bringing a lottery to Nevada. That said, Wall Street, which was skeptical about the deal, is starting to find some comfort with the transaction. Scientific Games is paying $26 per…