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In July 2016, it was reported that Illinois was seeking a new private firm to manage the state’s lottery. The consortium failed to deliver promised profit margins to the state. In the first instance of the game, only 64 percent of tickets were sold....
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Commenting on the partnership, Play’n Go’s CEO Johan Tornqvist said that the company was honored to supply their entire premium portfolio to Optibet, whom they believe to be the undisputed leaders in the Latvian market. It’s unclear whether a similar solution may be possible in Illinois by increasing the odds on ‘reintroduced’ lottery games even if it pushed the odds over 100% for players.Returning the honors, Optibe...
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This is the company’s latest step towards establishing a firm presence in the European online gambling market, after already striking deals with popular EU operators GVC Holdings and Betclic Everest Group, who only recently were approved their second Portuguese license.Only one of the two Grand Prizes for Birthday Surprise was awarded before the game was pulled and then reintroduced with virtually the same framework of prizes and number of tickets printed.Sweden-based slot makers Play’n Go have signed a contract with one of the biggest online casinos in the Latvian market, Optibet, to supply their entire range of desktop and mobile games to the platform....
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Returning the honors, Optibe He adds that they feel confident that Latvian players will continuously enjoy their games and they expect a long and productive partnership with the Optibet brand.Sweden-based slot makers Play’n Go have signed a contract with one of the biggest online casinos in the Latvian market, Optibet, to supply their entire range of desktop and mobile games to the platform....
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Northstar Lottery Group became the first private firm in the United States to run a state lottery, rather than the state itself, when Illinois granted a contract to the long time rivals, working together as Northstar in 2011. History has shown that major lottery companies don’t feel the need to answer to players, so ticket buyers who feel slighted for investing in a game with a promised grand prize that was never delivered will need to rely on Illinois lawmakers whose revenues may depend on the games always appearing as fair and winnable in order to assure future ticket sales.Sweden-based slot makers Play’n Go have signed a contract with one of the biggest online casinos in the Latvian market, Optibet, to supply their entire range of desktop and mobile games to the platform....
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