New Media Lottery Services Inc. (NWMD)
OTC Reporter.com and Stock Guru reported recently on New Media Lottery Services Inc. (NWMD), and we highlight the Company, here at the QualityStocks Daily Newsletter.
Founded in 2000, New Media Lottery Services, Inc. supplies lotteries with a white label lottery system, games, and management support. This is to develop new income streams from digital lottery product distribution. This includes the Internet, mobile, interactive TV, and digital vending (server-based terminals). New Media Lottery Services Inc. has their offices in Dublin, Ireland and Virginia. The Company trades on the OTCBB.
New Media Lottery Services Inc. secures long-term contracts with lottery clients and shares in the Net Revenue from these programs. The Company, through their subsidiaries, designs, builds, implements, manages, hosts, and supports Internet and wireless device based lottery programs operated by governments and their licensees outside the United States. They also design and distribute games for use on video lottery terminals and other electronic kiosks. These are terminals and kiosks owned and operated by third parties.
In June of this year, New Media Lottery Services, Inc. officially launched their 'Lottery & Bingo Affiliate Program' for United Kingdom and Ireland growth. Website owners, e-marketers, bloggers, and vertical portal owners with Irish and UK traffic will have an opportunity to grow revenue for referring sales to New Media Lottery Services' client lottery sites, with the Company's new affiliate program.
Over the next year, the affiliate program's goal is to raise more than half a million Euro in new revenues for United Kingdom and Ireland New Media Lottery Services, Inc. client lottery sites. The Company's Lottery Observation & Control Centre backend management system developed their own 'client affiliate model.' This will allow lottery and gaming client companies to promote and market their sites using a 'pay per player' or percentage revenue approach. This will also allow clients to manage all programs internally. The program will provide affiliate clients with a complete promotional creative and dedicated in-house affiliate team.
On September 3, 2009, New Media Lottery Services, Inc. announced the expansion of their business activities by licensing their lottery and gaming content to Probability Plc. Probability is the leading developer and operator of mobile gaming and lottery services. Probability will develop mobile phone versions of New Media Lottery Services instant win games, and slots, with access to the Company's entire catalogue. This includes games originally conceived for both the Internet and Lottery terminals.
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