Atlantic Lottery Corporation announced on Friday that it is giving up on its $8.7 million gamble on GeoSweep, recouping it off as a loss.

The lottery corporation invested in the British company Geonomics in 2011 with the firm creating a geography-based online lottery for the Atlantic region.

However, as unsatisfactory sales greeted the game where buyers were asked to purchase square on a map of Atlantic Canada.

The location-based online lottery game offered players the chance to win a top prize of $250,000, with a secondary drawing for the chance to win a $1,000 daily guarantee prize. It differs from traditional numbers-based lottery games by offering players a choice of geographic blocks from a map of Atlantic Canada, which are then drawn instead of numbers.

The iGaming Super Show, the biggest dedicated iGaming exhibition and conference returns to Amsterdam on June 23 to 26, bigger and better than ever before.

Last year, 3,487 delegates from 70 different countries attended the event, confirming the cachet the iGaming Super Show has within the gambling industry. If you have any interest in all the iGaming industry has to offer, you need to be at this event.

This year, the event is expecting more than 3,500 delegates, 100+ speakers and over 100 stands. The 2015 iGaming Super Show will have eight events in one location including dedicated payments, player acquisition, regulation and compliance, sports betting, binary/financial and affiliate events, which makes it easier for you to find out about the industry inside and out whether you are an affiliate or a business.

The eight scheduled events include the Amsterdam Affiliate Conference, Betting Trends & Strategies, the Financial Partners Expo, Gaming in Holland, iGaming Executive Conference, IMGL Masterclass, Payment Solutions Summit and Player Acquisition Strategies.

Evidence submitted by the Chinese Embassy showed that Bo Wang leads a P91b crime syndicate in China.

The embassy also said that the proceeds of the P91b illegal gambling business were being brought to the Philippines to be laundered and to expand the illegal network.

These documents were submitted by Chinese Embassy through Police Attache Fu Yufien on May 22 to show that Wang was a fugitive wanted by Interpol and the Chinese government for illegal gambling and money laundering, indicating a posed a risk to the Philippines

These evidence prompted Immigration Commissioner Siegfred Mison to vote for the reversal of the May 21 release order that would have freed Wang and restored his businessman status.