Online Gambling And Casino News
Friday, July 30th, 2010Dating back to 1994, online gambling now encompasses poker rooms, lotteries, horse racing sites, bingo halls, sportsbooks, online casinos, and more. This article summarizes the latest online gambling and casino news from around the world.
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Here is some news about online gambling. According to OnlineCasinoNews.com, “Intralot, the Athens-based developer and supplier of gaming and transaction processing systems, has announced that one of its subsidiary firms has entered into an agreement with the China Welfare Lottery in the municipality of Chongqing for the provision of its Lotos Horizon system and related services.
The deal was signed by Hong Kong-listed MelcoLot Limited, a firm in which Intralot is a ’substantial shareholder,’ and runs for five years with the option for another five-year term if agreed ‘by mutual consent.
Consequently, Intralot will deliver, implement and maintain its Lotos Horizon hardware and application software to MelcoLot for the duration of the contract and through any extensions while providing it with 2,000 Multimedia Controllers, which will enable the China Welfare Lottery to ‘create, manage and broadcast rich multimedia content throughout its retail network that exceeds 2,500 points-of-sale.
‘We are really pleased to undertake this important project in the People’s Republic Of China,’ said Chris Moumouris, Managing Director for Intralot Asia.
‘We will provide our state-of-the-art Lotos Horizon system that, apart from its undisputable technological excellence, is a valuable tool for the Lottery to satisfy the needs of its players for more exciting gaming experiences and will position the China Welfare Lottery as one of the most technologically advanced lotteries in the country.
‘We are confident that Chongqing will be the first of many projects that Intralot will undertake in the People’s Republic Of China since the commencement of its partnership with MelcoLot. With our support, MelcoLot will assist the China Welfare Lottery in its endeavours to increase its contribution to good causes.’”
So there you have it, the latest online gambling industry news. Here is some gambling advice. Budget your money. Play only at tables you can afford. You should be able to cover at least 25 bets. Finally, keep your gambling expectations reasonable.
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