Tag Archives: Atlantic Lottery Corporation
- Lawsuit accusing Atlantic Lottery VLTs of ‘deceptive’ practices gets green light
January 5, 2017
Two video lottery terminal (VLT) users have cleared a hurdle in their legal fight against Canada's Atlantic Lottery Corporation (ALC) over practices that they claimed are deceptive, dangerous and illegal. The legal battle dates back to 20017, when lead plaintiff Douglas Babstock and Fred Small filed a lawsuit accusing ALC...
- Atlantic Lottery’s excessive spending chided
October 27, 2016
The skeletons hiding inside Atlantic Lottery Corp.'s (ALC) closet have finally been uncovered. ALC officials are now under fire for living like royalties as they spend thousands of dollars on lavish dinners, throwing extravagant Christmas parties, and even showering generous perks to politicians. All of these would have not been...
- Sci-Games acquire Karma Gaming portfolio; Atlantic Lottery preps new iLottery
October 6, 2016
Gaming technology provider Scientific Games has acquired the interactive game portfolio of Canadian developer Karma Gaming. On Wednesday, Sci-Games announced that it had acquired Karma Gaming’s game library in a deal that was concluded in June, although word has only just now emerged. Terms of the deal were not disclosed....
- ALC writes off $8.7m Geonomics investment
June 8, 2015
Canada's Atlantic Lottery Corporation announced on Friday that it is giving up on its $8.7 million gamble on GeoSweep, writing it off as a loss. The lottery corporation, which represents Canada's four Atlantic provinces, invested in the British company Geonomics in 2011 with the idea creating a geography-based online lottery...
- Scientific Games expands in Canadian market; launches online Rainbow Riches Bingo
March 4, 2015
Gaming and lottery technology supplier Scientific Games Corp. has announced a partnership with the Atlantic Lottery Corporation (ALC), expanding its position in Canadian market. Under the deal, Scientific Games will provide ALC with its Sciplay iLottery and AEGIS NGS lottery gaming systems as well as operational monitoring and maintenance support...
- Graydon (eventually) repays severance; ALC execs’ heads set to explode
August 22, 2014
Former British Columbia Lottery Corporation (BCLC) CEO Michael Graydon (pictured, on the left) has repaid his controversial severance package. In February, Graydon abruptly resigned his command of the provincial betting monopoly to take a job with a local offshoot of Paragon Gaming, which is planning a mega-casino in downtown Vancouver....