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In Oregon and lottery officials are reportedly due to reveal that the new Scoreboard mobile sportsbetting service launched in October is on course to lose nearly .6 million short of its initial forecast when the jurisdiction’s current fiscal year ends on June 30.The move by the Yerevan-headquartered company is in keeping with its progressive year after earlier this month, having been granted a B2B license from the Malta Gaming Authority (MGA)....

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Collegiate embargo:The newspaper reported that state lottery officials had initially predicted that the Android and iOS-friendly advance would bring in about .”Legislative lethargy:Matt Shelby, a spokesperson for the Oregon State Lottery, reportedly told the newspaper on Wednesday that the Scoreboard app had experienced higher-than-expected start-up costs and was additionally being hamstrung by its inability to offer wagering on collegiate sports.Reportedly read a January statement from the Oregon State Lottery…“Original projections have been revised downward to reflect evolving estimates around black market capture rate, lack of NCAA wagering, tax withholding, intrastate competition, margin and product technical issues....

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Reportedly read a January statement from the Oregon State Lottery…“Original projections have been revised downward to reflect evolving estimates around black market capture rate, lack of NCAA wagering, tax withholding, intrastate competition, margin and product technical issues.After receiving dual certifications from Gaming Associates Europe Limited, the Armenia-based firm is now able to provide its sportsbook and casino platform to operators in the two European countries.”...

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