iGaming Industry
Lottoland banned from selling bets on Australian lotteries
After months of campaigning from state lotteries and newsagent groups, the Northern Territory Government has stepped in and banned Lottoland from selling bets on Australian lotteries.
As Lottoland operates in Australia via a licence issued by the Northern Territory, the decision means it will no longer be able to take bets on Australian lotteries anywhere in the country – similar to the system in the UK where it cannot accept bets on National Lottery products.
Prior to the Northern Territory’s announcement, governments in New South Wales, Tasmania and West Australia had publicly stated their intention to ban synthetic lotteries in their states. In South Australia legislation already prohibits bets on lotteries.
The ban comes in response to a major campaign led by the Tatts Group and the Australian Lottery and Newsagent Association (ALNA) to ban synthetic lotteries.
The decision comes just a week after Lottoland launched a marketing drive to attract Aussie punters to its Melbourne Cup jackpot of A$100m, which far eclipsed the A$30m on offer with the underlying Oz Lotto draw.
Luke Brill, chief executive of Lottoland Australia, said that the firm would now focus all of its efforts in Australia on bets on overseas lotteries.
“Lottoland Australia is disappointed, but we respect this decision and we will work with the Northern Territory Government to implement the necessary changes to our business,” Brill said in a statement.
“We offer value and choice through innovation to more than 650,000 Australians and, importantly, there are no restrictions on our international products, meaning our customers can continue to bet on the outcome of overseas lotteries.
“Overseas lotteries are the preferred betting option amongst our customers as they offer larger jackpots.
“From day one, Lottoland has strived to grow the market through our international offering; every bet placed on an international lottery is incremental revenue that state governments and newsagents can benefit from if they work with Lottoland.”
Brill said Lottoland was still interested in forging better relationships with governments and newsagents, and added that the offer to pay point-of-consumption tax is still on the table.
“We are still committed to working with newsagents so they can expand their service offering through our platform and counter the negative impact Tatts’ digital business is having on their revenues,” Brill said.
“Our offer to state governments on paying a point of consumption tax also stands.
“Now there is clarity from the Northern Territory Government on their position, we look forward to continuing to provide Australian customers an innovative service they value.”
Adam Joy, chief executive of ALNA, said the initial ban is a “positive move”, but is still keen for the Federal Government to go further and legislate against any form of betting on synthetic lotteries in Australia.
Joy told the Herald Sun newspaper: “Consumers will still be bombarded with potentially misleading advertisements for these risky betting products that are lacking certainty around payout figures.
“And they will still be lured into profiting a highly unethical business, including at the expense of news and lottery agents.”…
The post Lottoland banned from selling bets on Australian lotteries appeared first on Eastern European Gaming – News – Interviews – Legal Market Updates – Premium Reports – Events – Directory.
Source: EEGaming.
Bradley Khoury
eCOGRA Approved to Operate in Arizona, Indiana and Panama
eCOGRA, a leading international authority in Testing, Inspection and Certification services for the iGaming industry, has secured new regulatory approvals across three key jurisdictions: Arizona, Indiana and Panama. With these developments, eCOGRA strengthens its position in the U.S. and Latin American markets, offering excellence in compliance through their Quality, Speed, and Service promise.
This strategic expansion allows eCOGRA to conduct independent compliance audits and certification services in each region, addressing the growing demand for rigorous regulatory oversight in the fast-evolving global iGaming industry.
Securing approval in Arizona, where eCOGRA has now been licensed as an Event Wagering Ancillary Supplier, enables the International Testing Laboratory (ITL) to audit event wagering licensees in line with Arizona’s expanding regulatory landscape. Indiana, which introduced online sports betting in September 2019, has authorised eCOGRA to perform regulatory compliance audits, providing licensed operators with crucial assurance in meeting the state’s high standards.
In Panama, the Board of Gaming Control officially recognised eCOGRA as an Authorised Entity for Compliance Certification, specifically for slot machines and gaming software. This endorsement reinforces eCOGRA’s role as a trusted partner for operators seeking to meet stringent regulatory requirements in Latin America’s emerging iGaming sector.
“Our recent approvals in Indiana, Arizona, and Panama underline our dedication to continually expand our offering, to support our growing portfolio of clients with their global growth plans. We are committed to ensuring that we bring the same quality, speed and service that marks us out to both our clients and regulators in these dynamic markets,” said Will Shuckburgh, Group CEO of eCOGRA.
Bradley Khoury, Chief Technology Officer at eCOGRA, said: “Securing licensure as an Event Wagering Ancillary Supplier in Arizona and an Authorised Entity in Panama underscores our dedication to supporting responsible and sustainable iGaming operations. We are committed to driving trust and accountability within the industry by providing compliance solutions that uphold the highest standards.”
BetConstruct
BetConstruct to Showcase Latest Innovations at G2E Las Vegas 2024
BetConstruct, a global leader in the iGaming industry, is going to showcase its cutting-edge solutions at the highly anticipated Global Gaming Expo (G2E), taking place from October 7-10.
As the premier event for the global gaming industry, G2E serves as a hub for innovation, driving growth by bringing together industry professionals from around the world to foster business opportunities.
Taking place at The Venetian Expo in Las Vegas, this all-in-one event features both an education program from October 7-10 and an expansive expo hall running from October 8-10.
BetConstruct’s stand is 5230, where the team will showcase an exciting range of products, including the newly launched the Last Battle, a novel loyalty system that is the byproduct of BetConstruct’s commitment to innovation. The company will also demonstrate its comprehensive Sportsbook and Casino Suite, along with DECA, its next-level decentralised casino platform, and Umbrella, an AI-powered risk management solution. These offerings are designed to meet the needs of a diverse range of operators, ensuring seamless and engaging experiences for players across the regulated market.
Amusnet
Amusnet Sets the Stage for Global Gaming Excellence at G2E Las Vegas
Amusnet has announced its participation in the 23rd edition of G2E Las Vegas (Global Gaming Expo) at The Venetian Expo from October 7-10. As one of the largest expos globally, G2E provides a platform for the company to showcase products across its Online Casino, Live Casino, and Land-based verticals, positioning Amusnet as a prominent all-casino provider in the competitive iGaming industry.
“We are excited to attend G2E Las Vegas 2024 to present our latest online casino portfolio and Type S slot cabinets: our first-ever product series for Land-based casinos, designed to offer a competitive edge by combining Amusnet’s top-notch game portfolio with an immersive player experience. Our focus is on delivering solutions that maximize performance and cater to the evolving needs for both online and land-based casinos,” said Borislav Marinov, Head of Business Development, Land-based, at Amusnet.
Alongside its technical excellence, the premium Type S series showcases the company’s award-winning titles, including 20 Golden Coins, Extra Crown, Fruits & Gold, and Cocktail Rush. It also features Amusnet’s popular four-level bonus game, Jackpot Cards, along with other exciting features like Free Spins, Buy Bonus, Pick Me Bonus, and Symbol Upgrade.
Amusnet will host an activation featuring its premium slot cabinets at the upcoming expo, offering attendees the opportunity to experience the thrill of Type S in real time and win exciting gifts.
-
gaming2 years ago
ODIN by 4Players: Immersive, state-of-the-art in-game audio launches into the next generation of gaming
-
EEG iGaming Directory8 years ago
iSoftBet continues to grow with new release Forest Mania
-
News7 years ago
Softbroke collaborates with Asia Live Tech for the expansion of the service line in the igaming market
-
News6 years ago
Super Bowl LIII: NFL Fans Can Bet on the #1 Sportsbook Review Site Betting-Super-Bowl.com, Providing Free Unbiased and Trusted News, Picks and Predictions
-
iGaming Industry7 years ago
Rick Meitzler appointed to the Indian Gaming Magazine Advisory Board for 2018
-
News6 years ago
REVEALED: Top eSports players set to earn $3.2 million in 2019
-
iGaming Industry7 years ago
French Senator raises Loot Boxes to France’s Gambling Regulator
-
News7 years ago
Exclusive Interview with Miklos Handa (Founder of the email marketing solutions, “MailMike.net”), speaker at Vienna International Gaming Expo 2018