| AEG must submit additional vetting information, sign the agreement and give $300-million to the state by March 31, when the state’s fiscal year ends. Assembly Speaker Sheldon Silver (D-Manhattan) increased the upfront payout by 50% as a condition of his support. |
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| HB 1168 is the acting legislation to House Resolution 1177, which was introduced last month. HR 1177 is a constitutional amendment that would allow Georgia voters to decide if they would like to allow horse racing and pari-mutuel wagering in their local municipality. Once the amendment is passed, HB 1168 would then vest all control of horse racing with pari-mutuel wagering to the Georgia Horse Racing Commission. This Commission, consisting of nine appointed members, would ensure that all pari-mutuel wagering is conducted in accordance with Georgia law at licensed horse racetrack and satellite facilities. |
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| "MatchPlay is a fresh, new game that will provide our players with fun features they've never experienced before," said Colorado Lottery Acting Director Tom Kitts. "We expect the game to generate a lot of excitement." |
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Last month, the lottery started Internet-only video streams of its daily and twice-a-week Win For Life drawings. The switch is expected to save more than $1 million next fiscal year in programming costs at a time when the state is seeking to overcome a $4 billion budget deficit, said Paula Otto, the lottery's executive director. While the move was mostly a cost-saving measure, it's also a recognition that many players now look to the Internet to check their daily numbers. "The Internet is actually a more popular way of people getting their numbers now," said Otto, who expects other states may follow Virginia's lead as they grapple with growing budget deficits.
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| The OTB told Lottery officials that they will begin immediately the process of hiring a consultant to help Batavia Downs come into compliance with Lottery regulations. The consultant will be hired in cooperation with the Lottery. |
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| Under the terms of its first B2B agreement, Unibet will provide a full sportbetting solution to Paf including odds compilation and risk management via its proprietary fixed odds betting platform, with Paf also joining the pool products SuperToto and SuperScore. |
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| International Game Technology's WagerWorks has signed an agreement to supply online branded slot games to Parlay Games Limited, the Alderney-based subsidiary of Canadian bingo software developer Parlay Entertainment Inc. Under the agreement, Parlay will leverage premier WagerWorks games via WagerWorks rgs (remote game server) which allows a seamless integration with Parlay's managed services offering, Parlay Game Services. |
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| Executive Director Ed Van Petten said the lottery had a new agreement with the Chisholm Creek partnership for a $225 million hotel-and-casino complex. The partnership would build and manage the casino for the lottery, which would own the rights to the gambling and the gambling equipment, down to the dice and cards. |
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| What was supposed to be a big day for proponents of casino gambling in the state of Alabama turned out to be bittersweet. The Senate delayed a vote on a bill that would legalize video gambling, but Attorney General Troy King appears ready to intervene with the Task Force on Illegal Gambling. |
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| Camelot has been exploring opportunities to offer additional services through its 28,000-plus lottery terminals – which it believes will provide important incremental returns to the Good Causes. |
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In preparing the innovation, SAZKA a.s. (SAZKA), which operates the lottery, was inspired by the boost in popularity that the irregularly offered summer and winter Sportka premiums had enjoyed among players. Unlike the premiums, the SUPERJACKPOT will be available in every drawing session, at a variable amount, which will depend on the amount of stakes accepted; however, winning this prize will be possible under more favourable terms. The first time that the SUPERJACKPOT will be offered is the drawing session of Wednesday, 17 February 2010.
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Thursday’s meeting agenda includes an overview, bidding opportunities, a presentation of minority, women and local design team firm participation goals, and discussion of various services required. For a parking garage, the developer needs services that include structural engineering design, mechanical engineering, electrical engineering design, plumbing engineering design and fire protection engineering design. The latter two also are needed for the casino building. Other services needed include landscape architecture design and geotechnical engineering and consulting.
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"Going forward, we are actively looking at the US because the last financial crisis has brought some pain, but at the same time we see great opportunities there," said Genting Group Chairman Lim Kok Thay, to reporters, "in terms of buying into existing resorts that (are) down on their luck."
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Gaming operators can now be fined up to $4000 for advertising directly to gamblers who have chosen to exclude themselves from gaming venues.
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Though mobile gaming is nothing new, but the latest software by Playtech presents the version of mobile gaming that enables one to bring a revolution to mobile gaming, streaming the online gambling games.
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One revenue sector of state government that’s seen growth in down economic times is the Idaho Lottery. Lotto director Jeff Anderson told lawmakers Monday that the lottery is seeing a 5.4 percent sales increase during the current year, and is expecting 2.5 percent growth in the next year. “It’s organic growth,” Anderson said. “There are more people playing, but not in an irresponsible way.”
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Consultants have estimated that the casino will generate $203 million of gambling revenue in its first year of operations. The state will receive a minimum 22 percent of the gross revenue. An additional 5 percent will go to Wyandotte County government and a fund to combat compulsive gambling.
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