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Primorsky authorities welcome integrated resort

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Authorities of Primorsky, one of the eastern most part of Russia, have praised the “great importance” of the Integrated Entertainment Resort zone that is to be constructed in the region.

Primorsky Territory deputy governor Andrei Larin led the welcome to the new project, as an agreement has been made for the development of another casino project in the area.

The new casino project will be called Shambala and will be promoted by Shambala CJSC, a gambling firm that operates in other parts of Russia.

It will feature “a large-scale project of a hotel and entertainment complex” involving a minimum investment of €108.4 million. In addition, it will include “at least 270 hotel rooms”, and over 500 slot machines and 50 gaming tables.

Andrey Tarasenko, governor of Primorsky, said that “to date, the number of investment agreements concluded with investors has almost reached €948.5 million,” of which “more than €135.5 million was realised already.” He also said that “after 2025 the project will bring about €135.5 million to the regional budget each year.”

Primorye is poised to become one of the world’s most important gaming areas as it still has six plots with a total area of 27.59 hectares still unoccupied. “Negotiations with potential investors are underway already,” stated the Primorsky Krai Development in a release.

Source: FocusGamingNews

 


Source: European Gaming Media and Events

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Integration of EGT Global Jackpot with Winbet and Club King Marks Great Success

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The EGT Global Jackpot’s integration with Winbet and Club King has achieved success through offering entertainment and winnings for both operators and players.

The operators’ success and players’ entertainment are always the core objectives of EGT sales, development and production teams. When innovation joins these approaches, EGT solutions are the reliable choices for winning businesses.

EGT supports the operators to make proposals to its customers they couldn’t refuse, with the integration of the EGT Global Jackpot into their gaming halls. Global Jackpot is developed to connect all slot machines and any type of roulette from all locations of operators across the country. Thus, the total bet generates the possibility of higher winnings compared to those offered by the local jackpots.

At Winbet, the Global Jackpot has been functional since March this year and has brought multiple winnings to the luckiest players. Recently, Club King has also integrated the Global Jackpot in favour of top entertainment and winnings for both operators and players.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Integration of EGT Global Jackpot with Winbet and Club King Marks Great Success

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New York State Lottery Reports Record Revenues for the 2018 Fiscal Year

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The New York Lottery has recorded $8.2 billion in sales for the state fiscal year that ended in March 31, 2019. That includes sales from Powerball, Jackpot, Mega Millions, Scratch Off, Quick Draw and other games, plus revenues generated by the state’s licensed video lottery locations.

The video lottery net win for the 2018-2019 fiscal year was $2.08 billion, third largest in the world behind two Italian lottery operators. The combined sales and net win earnings for the last fiscal year are a new record for the New York Lottery. The New York Lottery generated $3.47 billion in aid designated to support the state’s schools.

The lottery revenues are distributed to school districts according to the same formula used for state aid. A larger, poorer district will receive a higher percentage than a smaller, more affluent one. Lottery contributions account for 13% of all state aid to education for 2018-2019.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: New York State Lottery Reports Record Revenues for the 2018 Fiscal Year

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Spillemyndigheden Introduces Whistleblower Scheme

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Spillemyndigheden, the Danish industry regulator, has launched a new whistleblower scheme for the employees of gambling operators who wish to report evidence of money laundering.

Spillemyndigheden has detailed that employees can report a company’s violation or potential violation of the anti-money laundering legislation to the regulator via a dedicated, anonymous contact form which will then trigger a legal investigation. All submissions will be encrypted to ensure that submissions are secure.

In April, Spillemyndigheden has blocked access to 25 gambling websites after petitioning the country’s telecommunications providers. Danish internet providers have now been obliged to block access to ten igaming sites, in addition to 15 skin betting websites.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Spillemyndigheden Introduces Whistleblower Scheme

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