ONLINE NEWS
Multilotto gets Ireland licence L
ottery betting games operator Multilotto has acquired a remote gaming licence from the Republic of Ireland National Excise Licence Office. Multilotto said the new licence will support its plans to expand into new regions around the world. Established in 2012, Multilotto offers customers the chance to bet on 11 different lottery jackpots, such as the Powerball and Mega Millions in the US and Europe’s EuroMillions and EuroJackpot.
PokerStars
Thomas Biro, chief executive of Multilotto, said: “
Multilotto.ie is the choice for customers who want an accessible and simple way of playing lotteries from around the world and we’re very pleased to bring this exciting offering to the Irish
market. Our business model is well established in the Nordic region and we believe that Irish customers will be equally attracted to our offering. 2017 is proving to be a big year for us and we look forward to making several more major announcements in the coming months.”
Continent 8 continues expansion plans
C
ontinent 8 Technologies has completed the latest stage of its multi-million dollar global network expansion. The
managed hosting, cloud and network provider said its services are now spread across Europe, Asia and the Americas, with the new development linking the Asia- Pacific region back to Europe and directly to its US network, via new, dedicated points of presence in Los Angeles, California, and Hong Kong. The expansion takes Continent 8’s global locations count to total to 27, with the firm able to send data around the world in under 300
milliseconds. Michael Tobin, co-founder and chief executive of Continent 8, said: “We are extremely proud to have made this further investment to take our network truly global, and in particular to be able to complete the project on time, on budget and to the exacting standards our customers have come to expect. We are building an ecosystem of directly connected unique locations, customers and
services. Many providers claim to be ‘global’, yet few can demonstrate such a commitment and allow their customers access to leverage their investment.”
ZEAL to launch in Norway, Netherlands Z
EAL Network is to go live in Norway and the Netherlands through its Lottovate Limited and Lottovate Nederland
subsidiaries, respectively. Lottovate will launch in Norway in partnership with the UNICEF charity and will operate under a charity lottery licence, granted by the country’s regulatory body. The licence will run for nine years, with Lottovate to act as a full service provider for UNICEF Norway and offer a high frequency win game, which is played online and designed to be mobile-first. A significant portion of the proceeds of the lottery will go to good causes. Meanwhile, ZEAL said that Lottovate’s licence is effectively the first new lottery operator licence to be awarded by the Dutch state since 1989. The licence, which is also the full operator licence for ZEAL, will allow
62 MAY 2017
Lottovate to run a nationwide charity lottery for five years. Lottovate plans to introduce a mobile-first, social lottery for Dutch consumers by the third quarter of this year. Helmut Becker, chief executive of ZEAL, said: “We are extremely pleased to be launching innovative lottery products in Norway and the Netherlands. The collaboration with UNICEF in Norway has proven to be a successful one and we are happy to offer our customers a unique online
lottery experience. In the Netherlands, the decision of the Dutch regulator to approve the Lottovate licence is a powerful validation of the quality of our offering and our long-standing expertise in the field of online lotteries. It also underlines the excellent progress we are making with Lottovate.”
P
launches Omaha Spin & Go
okerStars has moved to expand its range of Spin & Go services with the launch of new Omaha versions of the
game. Pot Limit Omaha games will feature buy-in levels of $1, $3, $7 and $15 and run under the lottery-style Sit-and-Go format. Players will start with 500 chips and enter a randomly drawn prize pool worth between two and 10,000 times their buy-in. PokerStars’ director of
poker operations and innovation, Severin Rasset, said: “Omaha is a highly enjoyable poker variant and was quite high up on our players’ request list to deliver it as a Spin & Go.”
European Commission endorses UK betting levy reform
T
he European Commission has endorsed a reform of the existing UK Horserace Betting Levy scheme as being in line with European Union (EU) state aid rules. Announced by the UK government earlier this year, the regulations will place a 10% levy on profit for all bookmakers that take bets in British horse racing from punters in the UK. The new setup will replace the current system, where only companies based in the UK have to pay a 10% levy on the gross profits above the first £500,000 (589,800 Euro/$641,000). In a statement on its website, the Commission
confirmed its approval for the new system, saying that it will create a “level playing field” amongst operators. “The Commission has approved the measure because it recognises that it is essential for the improvement of horse breeding and horseracing without giving rise to undue distortions of competition,” the statement said. “The measure also creates a level playing field among betting operators while at the same time supporting entry of new operators and the development of competition between betting operators, thanks to the de minimis threshold.”
The Commission added that its decision will only apply until the UK “ceases to become a member of the EU”.
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