German State of Hesse Pushes for New Interstate Gambling Treaty
Under pressure from the EU and national courts, the prime ministers of the sixteen federal German states are set to discuss this Thursday a new interstate gambling treaty. Minister of the Interior Peter Beuth (CDU) of the state of Hesse has already submitted a proposal for a wholly new interstate gambling treaty.
“We are currently at a dead end,” Mr Beuth said. “It is time for a fresh start.” His proposals would abolish the previously agreed limit of twenty sports betting licenses, but would leave the lottery monopolies of the federal German states intact.
Lottoland Appoints New VP of Gaming
Lottoland, a secondary lottery which controversially specializes in offering licensed and regulated betting on the outcome of major lotteries worldwide, has appointed former Head of Casino at Gala Coral Interactive Gavin Grimes as its new VP of Gaming.
“There are few companies in the world, let alone online gaming, growing as fast as Lottoland,” Grimes said. “I’m very excited to be a part of their continued development and look forward to helping the business diversify.”
Alibaba Group Bets on Online Lotteries
Chinese eCommerce giant Alibaba Group has agreed a deal worth HK$2.4 billion (€280 million) to acquire domestic sports lottery software and system developer AGTech Holdings.
Alibaba plans to leverage its e-commerce channels, mobile payment methods, and various other platforms to help AGTech expand aggressively.
“China’s lottery market has great business potentials,” an Alibaba spokesperson told state media. “We believe the investment will enable us to gain an upper hand in the market and to dig out the potentials of this market. Our experiences and resources in e-commerce, cloud computing and big data will help AGTech for better development.”
NetEnt Becomes Associate Member of World Lotteries Association
Representing the interests of state-authorized lottery businesses worldwide, the World Lottery Association (WLA) has named NetEnt an associate member, a step which could help the company to increase its market share among what it calls “a customer segment of strategic importance.”
The UK National Lottery has once again come under fire. This time, over a “heartless” missing cat ad campaign.
The Lotto Stiftung Berlin is helping to fund various projects that support refugees in the German capital.
The Bulgarian state lottery jackpot hits 5.5m leva (€2.8m).
Online lottery specialist Lottotech has agreed a distribution and services deal with omni-channel platform provider Mediatech Solutions.
The World Lottery Association is looking to hire a new executive director.
Virginia has become the first US state to legalize daily fanstasy sports.
Novomatic Lottery Solutions has secured a six-year deal with Tunisia-based Promosport.