GTECH S.p.A. Conducts Annual Shareholders Meeting and
Subsequent Board of Directors Meeting
- Approval of consolidated financial
statements as of 31 December 2013 with unitary dividend of EUR
- Appointment of new corporate bodies for
three-year period 2014-2016: Lorenzo Pellicioli and Marco Sala confirmed as
Chairman of the Board of Directors and Chief Executive Officer,
- Appointment of PricewaterhouseCoopers
S.p.A. as audit firm for nine-year period 2014-2022;
- Authorization of new buy-back
- Approval of 2014 compensation, together
with two new stock-based incentive plans
ROME (Italy) PROVIDENCE
(Rhode Island) (May 8, 2014) The Annual Shareholders Meeting of
GTECH S.p.A., chaired by
Lorenzo Pellicioli today, approved the financial statements as of 31 December
2013, as well as the proposal to distribute a dividend of EUR 0.75 per share,
for a total of EUR 130.5 million payable on 22 May 2014 with a record
date (date of legitimizing the dividend payment) of 21 May 2014, against
coupon no. 10 on 19 May 2014. The Shareholders Meeting also appointed new
corporate bodies, approved the new assignment of statutory auditors, voted in
favor of the remuneration policy for 2014 together with associated plans for
stock-based incentives, and approved a new buy-back plan. Subsequently, the
first meeting of the newly-appointed Board of Directors was held.
2013 key economic data and
In 2013 GTECH S.p.A. had a net
profit of EUR 34.3 million compared to EUR 38.2 million in 2012. Total equity
and liabilities in 2013 amounted to EUR 5,546 million compared to EUR 5,547
million in 2012. At 2013 year end, available cash and cash equivalents amounted
to EUR 159 million compared to EUR 315 million in 2012.
The Shareholders Meeting
approved the proposal of the Board of Directors to allocate a portion of the
net profit to the completion of the legal reserve, and to distribute to the
shareholders the remaining EUR 34.0 million, as well as EUR 27.1 million as
carried forward profits from financial year 2010, and EUR 69.2 million from the
Dividends do not allow for tax
credits; the amount of the dividend distribution corresponding to the 2013 net
profits and to carried forward profits is qualified as distribution of profits
for tax purposes, while the amount of dividend distribution as share-premium
reserve do not represent distribution of profits but share-capital
Appointment of Board of Directors
and Board of Statutory Auditors
The Shareholders Meeting
resolved on a 10-member Board of Directors for the three-year period 2014-2016,
and appointed the following directors: Donatella Busso, Paolo Ceretti, Alberto
Dessy, Marco Drago, Antonio Mastrapasqua, Jaymin Patel, Lorenzo Pellicioli,
Marco Sala, Elena Vasco, drawn from the list submitted by majority shareholder
De Agostini S.p.A., and Anna Gatti, drawn from the list submitted by certain
minority shareholders. Lorenzo Pellicioli was confirmed as Chairman of
the Board of Directors.
Moreover, the Shareholders
Meeting resolved on the remuneration for Directors, also as members of the
Executive Committee, if established, as well as the overall amount for
remuneration of all Directors, including those responsible for particular tasks
pursuant to the law and by-laws.
In addition, the Meeting appointed
the Board of Statutory Auditors, to hold office for the three-year period
2014-2016, establishing their remuneration.
Drawing on the list submitted by the
majority shareholder De Agostini S.p.A., the following were appointed as
statutory auditors: Sergio Duca and Caterina Margherita Baldari, as effective,
and Gian Piero Balducci, Giulio Gasloli, Annalisa Raffaella Donesana, Marco
Sguazzini Viscontini and Guido Martinelli, as deputy, while from the list
submitted by certain minority shareholders, Massimo Cremona was appointed
President of the Board of Statutory Auditors, and Fabrizio Riccardo Di Giusto
was appointed as deputy statutory auditor.
During the subsequent Board meeting,
Directors Donatella Busso, Alberto Dessy, Anna Gatti, Antonio Mastrapasqua and
Elena Vasco, as well as statutory auditors, confirmed that they met the
independence requisites pursuant to the Consolidated Finance Act and those set
out in the Corporate Governance Code for companies listed on the Italian Stock
The CVs of directors and statutory
auditors are available on the website www.gtech.com in the governance section
corporate documentation Shareholders Meeting 8-9 May
Amongst the Directors, Lorenzo
Pellicioli holds 71,400 shares of GTECH S.p.A., Marco Sala holds 492,845,
Jaymin Patel holds 153,770, and Paolo Ceretti holds 3,060 shares.
Appointment of the audit
According to the Board of Statutory
Auditors proposal, the Meeting also appointed PricewaterhouseCoopers
S.p.A. as the audit firm of GTECH S.p.A. for the period 2014-2022, establishing
a fee for the activities involved, for each year of the nine-year period in
question, amounting to EUR 180,000, with any additional amount and adjustments
required by law.
New buy-back plan, report on
compensation, and new stock-based incentive plans
The Shareholders Meeting also
approved a buy-back plan to purchase the maximum number of ordinary shares
permitted by law, not exceeding 20% of the Companys share capital. The
Company does not foresee future use for the plan.
The Shareholders Meeting also
examined the report on compensation at GTECH S.p.A., voting in favor of the
first section of the text containing the 2014 compensation policy for Board
members and Statutory Auditors as well as for General Managers and Managers
with strategic responsibility. The Meeting also approved the stock allocation
plan 20142018 and the stock option plan 2014-2020, both reserved for
employees of the Company and/or its subsidiaries.
For more information on these
matters, see the relative documents made available to the general public at the
Company offices and on the website www.gtech.com in the governance section
corporate documentation Shareholders Meeting 8-9 May
BOARD OF DIRECTORS
Marco Sala confirmed as CEO
The newly-appointed Board of
Directors, chaired by Lorenzo Pellicioli, reappointed Marco Sala as Chief
Executive Officer, granting him and the Chairman Lorenzo Pellicioli the
delegated powers required for corporate management.
The Board of Directors also
proceeded to appoint the Control, Risks & Related Party Committee and the
Remuneration & Nominations Committee.
The following Directors are members
of the Control, Risks and Related Party Committee: Alberto Dessy (Chairman),
Donatella Busso and Elena Vasco.
The following Directors are members
of the Remuneration and Nominations Committee: Antonio Mastrapasqua (Chairman),
Paolo Ceretti, Alberto Dessy and Anna Gatti.
Pierfrancesco Boccia, Head of
Corporate Affairs of GTECH S.p.A., was confirmed as Secretary of the Board of
Related news releases: 17 and 3
April, 27 and 13 March 2014
The manager responsible for
preparing GTECHs financial reports, Alberto Fornaro, declares, pursuant
to paragraph 2 of Article 154-bis of the Consolidated Law on Finance, that the
accounting information contained in this press release corresponds to the
document results, books, and accounting records.
GTECH S.p.A. is a leading commercial
operator and provider of technology in the regulated worldwide gaming markets,
delivering best-in-class products and services, with a commitment to the
highest levels of integrity, responsibility, and shareholder value creation.
The Company is listed on the FTSE MIB at the Milan Stock Exchange under the
trading symbol GTK and is majority owned by De Agostini S.p.A. In
2013, GTECH had approximately 3.1 billion in revenues and 8,600 employees
in approximately sixty countries. For more information, please visit
For more information CONTACT:
Robert K. Vincent
T. (+1) 401 392 7452
T. (+39) 06 51899030
SOURCE: GTECH S.p.A.
INTRALOT Announce Its First Quarter 2014
Robust Year Start + 25.3%
ATHENS, Greece (May 15, 2014) --
INTRALOT S.A., the leading
international gaming company, announces today its financial results for the
three-month period ending March 31st 2014, prepared in accordance with IFRS.
Consolidated Revenues for the period
increased by 25.3%, to 445.7m. from 355.8m. in 3M2013. Earnings
Before Interest, Tax, Depreciation and Amortization (EBITDA) decreased by 6.3%,
to 51.6m. Net of a negative FX impact of 4.7m, EBITDA reached
56.3m., an increase of 2.2% compared with the same period of 2013.
Earnings Before Interest and Tax (EBIT) increased by 8.2%, to 31.1m. Net
of a negative FX impact of 3.8m., EBIT reached 34.9m., an increase
of 21.3% versus the 1Q 2013. Earnings Before Taxes (EBT) decreased by 21.5%, to
16.6m. Net of a negative FX impact of 4.0m., EBT reached
20.6m., a decrease of 2.9% compared with the same period last year.
Commenting on 1Q14 results INTRALOT
Group CEO, Mr. Constantinos Antonopoulos, stated: The year 2014 has
set out to a good start for INTRALOT as we had a strong growth in the top-line
and operating profits despite the continuing FX headwinds. During the first
quarter of the year we started the implementation of the Group reorganization
and we added to our portfolio some new projects in Europe and the US, in-line
with our strategy to selectively expand our business and capitalize on our
presence in existing jurisdictions.
Having successfully completed the
new bond issue and extended the Groups debt maturities significantly, we
are well positioned to evaluate new opportunities worldwide.
About INTRALOT (www.intralot.com)
INTRALOT, a public listed company,
is the leading supplier of integrated gaming and transaction processing
systems, innovative game content, sports betting management and interactive
gaming services to state-licensed gaming organizations worldwide. Its broad
portfolio of products & services, its know-how of Lottery, Betting, Racing
& Video Lottery operations and its leading-edge technology, give INTRALOT a
competitive advantage, which contributes directly to customers
efficiency, profitability and growth. With presence in 57 jurisdictions, more
than 5.700 people and revenues of 1,54 billion for 2013, INTRALOT has
established its presence on all 5 continents.
For more information please CONTACT:
Ms Persa Kartsoli, Head of Corporate and Public Relations, Phone: +30-210
6156000, Fax: +30-210 6106800, email:
SOURCE: INTRALOT SA.
Scientific Games Report First Quarter 2014
NEW YORK, N.Y. (May 8, 2014) --
Corporation (Nasdaq: SGMS) ("Scientific Games" or the "Company"), a leading
diversified supplier of games and technology to the gaming and lottery
industries, today reported financial results for the first quarter ended March
"First quarter revenue rose to
$388 million reflecting the first full quarter of contribution from the WMS
acquisition and 7% revenue growth in our lottery business," said President
and Chief Executive Officer David L. Kennedy. "Although we are seeing
challenging gaming industry conditions that have negatively impacted our gaming
product sales results, we believe that Scientific Games is relatively well
positioned due to the diversity of revenue streams in our lottery and gaming
businesses and the opportunities created by our integration
"Our first quarter results
included a $60 million year-over-year increase in cash flow from operating
activities and a $37 million year-over-year increase in free cash flow,
reflecting the benefit of the WMS acquisition, favourable working capital
changes, distributed earnings from our equity investments and our
return-focused approach to capital allocation," Mr. Kennedy
commented. "We continued to accelerate our integration initiatives in
the 2014 first quarter and believe we remain on track to achieve at least $60
million of cost savings on an annualized run-rate basis by the end of
Summary Financial Results
($ in millions, except per
Three Months EndedMarch
|Operating (loss) income
|Net loss per share
|Net cash provided by operating activities
|Non-GAAP Financial Measures:
|Free cash flow
Attributable EBITDA, free cash flow
and EBITDA from equity investments (discussed below) are non-GAAP financial
measures defined below under "Non-GAAP Financial Measures" and reconciled to
GAAP measures in the accompanying supplemental tables at the end of this
(1) Scientific Games
sold the installed base of gaming machines in its pub business on March 25,
2013. The related results of operations are presented as discontinued
operations in the Company's financial statements for the 2013 first quarter.
All financial results referenced in this press release are for continuing
operations only, unless otherwise noted.
(2) Our definition of
attributable EBITDA, which is derived from the definition in our credit
agreement, was modified in the 2013 fourth quarter as a result of the
replacement of our prior credit agreement with our new credit agreement in
connection with the acquisition of WMS. Historical amounts have been conformed
to the revised definition and recast to exclude discontinued operations. Under
the revised definition, 2013 first quarter attributable EBITDA decreased by
Merger Integration Update
Following the completion of the WMS
acquisition on October 18, 2013, Scientific Games began executing its detailed
integration plans aimed at making operations more effective and reducing the
Company's cost structure. Based on the progress of its
integration-related actions to date and further integration efforts planned for
2014, the Company continues to expect to achieve at least $60 million of cost
synergies on an annualized run-rate basis by the end of 2014. The Company
continues to expect to achieve a total of $100 million in cost savings on an
annualized run-rate basis by the end of 2015. Included in the expectations for
annualized cost synergies is at least $55 million of annualized cost synergies
from actions already initiated or completed.
"Our comprehensive integration
initiatives have generated significant cost reductions," said Scott D.
Schweinfurth, Executive Vice President and Chief Financial Officer. "Across
our global operations, we are focused on generating additional efficiencies,
executing our strategies to capitalize on new revenue opportunities and
identifying additional opportunities to increase free cash flow."
As previously announced, in the 2014
first quarter, the Company took actions to strengthen its focus on its core
businesses, including by:
Divesting its equity
interest in Sportech PLC for cash proceeds of $44.9 million, which resulted in
a $14.5 million gain; and
Selling its online real-money
U.K. B2C gaming operation and exiting its managed services online gaming
business in Belgium, which resulted in $3.4 million of employee termination and
restructuring costs and a gain in other income (expense), net, of approximately
2014 First Quarter Business
Lottery Systems Segment First
Quarter Financial Highlights
Lottery systems revenue increased
$9.9 million, inclusive of a favorable impact from foreign currency translation
of $0.5 million, which reflected:
- A $2.3 million increase in services revenue,
primarily reflecting an increase in sports betting service revenue from
international customers, and
- A $7.6 million increase in product sales revenue,
primarily reflecting higher hardware and software sales to international
- Operating income was essentially flat as the $9.9
million increase in revenue and $1.0 million of lower research and development
expense was offset by a less profitable revenue mix and a $1.7 million increase
in depreciation and amortization
Lottery Systems Segment Business
- Entered into a three-year contract extension with
the Delaware Lottery to continue our supply of lottery and central monitoring
and control systems, which contemplates the placement of a minimum of 450 VLTs
at charitable gaming organizations, which will be reflected in the gaming
- Entered into an eight-year contract with the North
Dakota Lottery, an existing customer, to provide an online lottery system,
related services, marketing support and the Sciplay interactive platform,
which includes systems for internet subscriptions and player rewards programs,
with an additional two-year extension held by the lottery
Earnings and EBITDA from
- Earnings from equity investments decreased $0.6
million, as a small increase in earnings from LNS was offset by decreases in
earnings from our other equity investments
- The $1.1 million increase in EBITDA from equity
investments was primarily attributable to increased EBITDA from LNS and RCN,
partially offset by lower EBITDA from CSG
CLICK HERE to read the entire Scientific Games Reports First
Quarter 2014 Results.
About Scientific Games
Scientific Games Corporation is a
leading developer of technology-based products and services and associated
content for worldwide gaming and lottery markets. The Company's portfolio
includes instant and draw-based lottery games; electronic gaming machines and
game content; server-based lottery and gaming systems; sports betting
technology; loyalty and rewards programs; and social, mobile and interactive
content and services. For more information, please visit:
SOURCE: Scientific Games
NASPL Report Sales Increase in First
GENEVA, Ohio (May 14, 2014) -- The
lotteries that make up the North
American Association of State and Provincial Lotteries (NASPL) have
experienced a year-on-year increase in total sales during the first quarter of
The NASPL comprises 45 state
lotteries from the US as well as five provincial lotteries from neighbouring
The results cover bingo, sports,
video lottery terminals, keno, Mega Millions, Power Ball, multi-jurisdiction,
Cash Lotto, Spiel/Kicker, Lotto, five digit, four digit, three digits,
pulltab/breakopen and instant lottery games.
Lotteries comprising the NASPL
generated total sales of almost $20.5 billion (14.9 billion) during the
period, up from around $19.4 billion in the corresponding quarter last
Total US lottery sales were up from
$17.4 billion in the first quarter of 2013 to $18.2 billion this year.
The Atlantic, British Columbia,
Loto-Quebec, Ontario and Western Canada lotteries of Canada generated sales of
around $2.2 billion, up from just over $2 billion in the previous year.
The New York state lottery was the
most successful of all the lotteries after generating $2.2 billion alone during
the first quarter, while the Ontario lottery was the most successful of the
Canadian provincial lotteries with total sales of $792.8 million.
Instant lottery games were the most
popular in both the US and Canadian markets, with US states generating $10.1
billion in instant lottery sales and Canadian provincial lotteries recording
sales of $422.1 million.
Rhode Island Lottery Adds a Midday Drawing to Numbers
PROVIDENCE, Rhode Island (May 7,
2014) -- The Numbers Game, which launched in 1976, was the first Rhode Island
Lottery game that allowed players to select their own numbers for a
Starting on Sunday, May 11, Rhode
Island Lottery players will be able to play their favorite Numbers twice a day,
with a new Midday Drawing added to the game.
The Midday Drawings will take place
at 1:30 p.m. every day with drawing videos posted to www.rilot.com and the
Rhode Island Lottery's YouTube channel.
The Evening Drawings will continue
to be televised live on WPRI-12 at 6:59 p.m. Monday Saturday and at 6:29
p.m. on Sundays. Winning numbers for all Rhode Island Lottery games can be
found on www.rilot.com.
The Numbers Game offers a variety of
ways to win with wagers ranging from $.50 to $5. Tickets can be purchased every
day up until 1:20 p.m. for the Midday Drawings, up to 6:50 p.m. for the Evening
Drawings Monday Saturday, and up to 6:20 p.m. for the Evening Drawing on
The first Rhode Island Lottery
ticket, "The Lot" was sold in 1974 for $.50. Although hundreds of
different games have been offered over the past forty years, a $.50 ticket is
still available with The Numbers Game.
Since 1974, Rhode Island Lottery has
generated more than $5.3 billion in revenue and paid out more than $26 billion
SOURCE: Rhode Island Lottery.
Kansas Lottery Renews Its Nationwide Sponsorship with Kansas
TOPEKA, Kansas (May 10, 2014) --
Kansas Speedway and Kansas Lottery officials have announced a five-year
extension of the Lottery's title sponsorship of the NASCAR Nationwide Series
race through 2019.
Kansas Lottery 300 will
return to Kansas Speedway on October 4, the day before the Hollywood Casino 400
Sprint Cup race.
"The first partner we had as a
partner before the track even opened was the Kansas Lottery," said Kansas
Speedway president Pat Warren, "and the Kansas Lottery over the last year
generated over $74 million that went back to the state, and $50 million went to
"What you see around this track
and with the things that are around here, are the result of the vision our
leadership had in the state and local government 15, 16 years ago."
Before beginning sponsorship of the
Nationwide race in 2007, the Kansas Lottery sponsored ARCA and IndyCar races at
Sponsorship Benefits Vets
5-hour Energy, which this week
extended its sponsorship of Clint Bowyer's No. 15 Toyota for three years, is
also the title sponsor for Saturday night's Sprint Cup race, the 5-hour Energy
400 Benefiting Special Operations Warrior Foundation.
As part of the sponsorship, five
cents from the sale of every specially marked bottle of cherry flavored 5-hour
Energy will be donated to the foundation that supports the military's special
operations forces and their families through college scholarships, family
services and financial stipends.
In 2012, the organization provided
$3.9 million in scholarships and aid to families of fallen Special Operations
SOURCE: Kansas Lottery.
Norwegian Gaming Authority Conducts Survey Into Problem
HAMAR, Norway (May 8, 2014) -- Over
20,000 players have been identified as problem gamblers in this country.
22,000 Norwegians today are
recognized as players experiencing problem gambling, and it is slightly less
than that measured in the last decade. Over 10,000 adult Norwegians took part
in the survey is the largest of its kind on the gambling issue in Norway.
The number of problem players
emerges in a new population survey on gambling and computer games related to
problem gaming that the Gaming Board has published. In addition to the problem
players, the players are 89,000 moderate risk players , while 289,000 are
"We are pleased that the number
of problem players has declined in recent years. At the same time we respect
the fact that thousands struggle with the consequences of gambling, and we must
not forget that such problem affects others who are close problem players,"
says director Atle Hamar Lotteries and Gaming Authority.
The survey also shows that many
Norwegian players are happy that it is being used to set loss limits and other
measures to make gambling more responsible. Atle Hamar said many Norwegian
viewed as positive that the government wants to offer responsible gambling. It
is done for example by setting loss limits that in some cases can be set by the
Norway Is In Front
- Norway is right at the
forefront of the use of such tools to the building for players should they
develop unfortunate play behaviour. Population Survey confirms that we have
succeeded in bringing a responsible play politics in this country, says
The University of Bergen, under the
leadership of Professor Ståle Pallesen, made the survey population for
the Gaming Board . It was completed before the Norwegian Tipping launched its
Instaspill online in January. The Gaming Board aims to follow up with a similar
survey to monitor the development in play behaviour and problem playing.
The study also provides new
knowledge about the impact of gambling advertising. One of the findings shows
that risk and problem players spend more money and plays with a higher risk as
a result of advertising.
Many people use social
The survey also shows that 22.9
percent have participated in gambling via social media. This is most often
among women and young people, and almost ten percent had bought Credits on
Facebook or other virtual money to use in the game.
SOURCE: Norwegian Gaming
Lotto24 Extends Its Leading Position in the First Quarter of
- Further strong growth in billings, revenues
and new customers
- Guidance confirmed
HAMBURG, Germany (May 13, 2014) --
Following a very successful 2013 - its first full fiscal year as a listed
company - Lotto24 AG also got off to a very promising start in 2014: in the
first quarter of 2014, billings of EUR 19.2 million (+842.6%) and revenues of
EUR 1.7 million (+785.1%) were well in excess of the respective prior-year
figures. As expected, the gross margin was around 9.0% (prior year: 9.6%) as
the previous year was still affected by special items in connection with the
establishment of business. Earnings were dominated by planned start-up costs -
especially increased costs for marketing expenses for new customer acquisition
- and consequently EBIT fell to EUR -4.1 million (prior year: EUR -1.4
million). The net loss for the period also amounted to EUR -4.1 million (prior
year: EUR -0.9 million).
With two major TV campaigns and
radio tests in regional markets, Lotto24 enjoyed a strong advertising presence
in the first quarter of 2014. As a result, the company gained 77 thousand new
customer registrations (prior year: 15 thousand), taking the total number of
registered customers as of 31 March 2014 to 314 thousand (prior year: 44
'We are delighted that the
success of our marketing activities to date has not only raised the number of
new customers but is also documented in the findings of a representative online
survey we conducted in which Lotto24 was ranked first among online providers in
an unaided test of brand awareness,' says Petra von Strombeck, CEO of
Lotto24 AG. 'Moreover, customer quality - reflected by both average billings
per active customer and the activity rate - was above the level we experienced
in the past.'
Due to increased marketing expenses
of EUR 3.6 million (prior year: EUR 0.3 million) in connection with more
cost-intensive offline tests, cost per lead (CPL) in the first three months of
2014 was comparatively high at EUR 47.30 (prior year: EUR 20.32).
Assuming that the regulatory
environment remains unchanged, Lotto24 AG expects a significant year-on-year
increase - of up to three times the prior-year figure - in billings and
revenues for fiscal year 2014, depending on the jackpot situation. Gross margin
is likely to be similar to that of the previous year. As revenues are still
comparatively low and marketing expenses will continue to rise strongly, losses
are expected to be higher than in 2013 with regard to both EBIT and net profit.
Moreover, the company expects to add at least 300 thousand new customer
registrations in 2014 - also depending on the jackpot situation. With strong
growth in billings and revenues, a gross margin at the prior-year level, an
EBIT result characterised by higher marketing expenses and 77 thousand new
customer registrations, the first quarter of 2014 is fully in line with Lotto24
About Lotto24 AG (www.lotto24-ag.de)
Lotto24 is Germany's leading online
broker of state-licensed lotteries (www.lotto24.de). On behalf of its
customers, the company enters into gaming contracts with the respective lottery
companies for lottery products such as »Lotto 6aus49«, »Spiel
77«, »Super 6«, »EuroJackpot« and
»Glücksspirale«. Following its foundation in 2010, the company
was one of the first private online lottery brokers to resume activities on the
German market in 2012, when the new State Treaty on Games of Chance came into
effect, and to receive all the necessary state permits. Lotto24 AG has been
listed in the Prime Standard segment of the Frankfurt Stock Exchange since 3
July 2012. Lotto24 aims to extend its position as Germany's leading online
broker of lottery products.
CONTACT: Lotto24 AG, Vanina
Hoffmann, Tel.: +49 (0) 40 / 82 22 39 501, E-mail:
SOURCE: Lotto24 AG.
Hoosier Lotto Gets a Facelift after 20 Great
INDIANAPOLIS, Indiana (May 11, 2014)
Hoosiers will continue to win big with Hoosier Lotto after the game
undergoes a jackpot makeover that takes effect on May 11.
Like other states, the
Hoosier Lottery is
adjusting the mechanism by which jackpots grow for this hometown favorite game.
Initial jackpots for Hoosier Lotto will continue to be $1 million for the first
two drawings, with each subsequent jackpot increasing by $200,000 for
Wednesdays drawings and $300,000 for Saturdays drawings. As the
excitement builds and sales for the game outpace the $200,000 and $300,000
increments, jackpots will grow based on game sales.
At the same time, the Hoosier
Lottery will also update the annuity payment mechanism for Hoosier Lotto to the
same structure used for Powerball. Winners who choose the annuity option will
receive graduated payments over 30 years with the base amount growing each year
rather than the same amount each year.
Hoosier Lotto will continue to offer
multiple ways to win prizes. In addition to the jackpot prize, which is won
when all six drawn numbers are matched, Hoosier Lotto pays prizes on match four
and match five numbers.The game also pays a $3 prize on a match three ticket
and awards a free Hoosier Lotto ticket for another shot at the jackpot when a
ticket matches two numbers.
Since its implementation in
September 1994, Hoosier Lotto has generated approx. $525 million for good
causes in the state of Indiana.
Hoosier Lotto, the hometown
favorite, has created over 100 millionaires. In the last five years alone, the
Hoosier Lotto jackpot has been hit 26 times. Players in the cities of Bedford,
Bloomington, Columbus, Daleville, Elkhart, Frankfort, Glenwood, Guston,
Highland, Huntertown, Indianapolis, Jasper, Kokomo, Moores Hill, Muncie, New
Albany, Newport and Summitville, have all laid claim to jackpot hits ranging
from $1 million to $34 million in that time period.
The Hoosier Lottery reminds all
players to play responsibly. Must be 18 or older to play. Gambling Addiction
Referral Line: 800-994-8448.
About The Hoosier Lottery
Hoosier Lottery distributions
benefit every county throughout Indiana. Each fiscal year, the Hoosier Lottery
contributes $30 million to local police and firefighters' pensions, and $30
million to the Teacher's Retirement Fund. In fiscal year 2012, $147.6 million
in Hoosier Lottery earnings helped reduce motor vehicle excise taxes by 50
To learn more about the Hoosier
Lottery, visit www.hoosierlottery.com and follow on Facebook and
For more information, please CONTACT
SOURCE: Hoosier Lottery.
Wyoming Lottery Corp. to Begin Accepting Retailer Applications on
May 21, 2014
CHEYENNE, Wyoming (May 13, 2014) --
Starting May 21, the Wyoming
Lottery Corp. will begin accepting applications from Wyoming retail
business owners who want to sell Powerball® and Mega Millions® tickets
at their retail locations. Properly completed and vetted applications will be
considered on a first-come, first-served basis.
Beginning May 21, Wyoming retail
business owners can either fill out and submit an application online at
and print a retailer application and return it to the Wyoming Lottery
Corporation in person or by mail, pick up an application in person at the
Lottery's office, or request an application by calling the Wyoming Lottery at
307.432.9300. Applications will not be available either online or by request
until the May 21 release date.
"Creating the application and the
application process has been a collaborative effort," said Jon Clontz,
Wyoming Lottery's Chief Executive Officer. "We've incorporated many of the
valuable suggestions retailers provided during our statewide retailer
workshops. Thanks to their input, we're confident we've developed a fair and
equitable process that the majority of retailers who want to sell lottery
tickets in Wyoming will be happy with."
Clontz notes that due to the volume
of information required of retail business owners, completing the application
will probably take 30 minutes or more. "I recommend that retailers download
and print the application and review it thoroughly to make sure they have all
the required information handy before beginning the online application
process," said Clontz.
Applications submitted in person or
by mail should be directed to: Wyoming Lottery Corporation, Attn: Retail
Applications, 1620 Central Ave, Suite 100, Cheyenne, WY 82001. Wyoming
retailers with questions about the WyoLotto application or the application
process are urged to contact the Wyoming Lottery at 307.432.9300.
Clontz says the Wyoming Lottery is
on track to begin selling Powerball and Mega Millions tickets on August 24.
About the Wyoming Lottery
The Wyoming Lottery Corp. is a
corporate business entity established by House Bill 77 in the 2013 legislative
session and signed into law by Governor Matt Mead last March. The corporation
operates as a private business and does not employ state employees or use state
tax money. State law requires the first $6 million of Lottery revenue to be
distributed to cities, towns and counties based on Wyoming's sales tax formula.
Any additional earnings will be deposited into the state's Permanent Land
Fund's Common School Account.
CONTACT: Jon Clontz, Chief Executive
Officer Wyoming Lottery Corporation, Phone: 307.432.9300.
SOURCE: Wyoming Lottery Corp.
Australasian Gaming Expo - Save These Dates: 12 - 14 August
Tue 10am-5pm, Wed 10am-5pm, Thur
Sydney Exhibition Centre at Glebe
Click here for location map.
SYDNEY, Australia (May 13, 2014) --
Featuring more than 180 exhibitors across 15,000 square metres of exhibition
space, the Australasian Gaming Expo is easily the biggest event of its type in
Australia and one of the world's biggest.
Visitors have long acknowledged that
the world's best and latest gaming and hospitality equipment is on show at the
Expo for gaming and hospitality executives, from around the region.
Entry is complimentary to gaming
industry executives, courtesy of the Gaming Technologies Association.
Click here for the Conditions of Entry.
Trade suppliers are not eligible to
attend the event unless exhibiting.
The Expo is also acknowledged among
exhibitors as being superior to other similar events, offering excellent
SOURCE: Australasian Gaming
Japan Sports Council Reaches a Co-Operative Bond with FIFA for
Integrity of Sport
TOKYO, Japan (May 7, 2014) -- The
Japan Sport Council (JSC), the national agency responsible for the development
of sport in Japan, and the Fédération Internationale de Football
Association (FIFA) today announced that both organizations reached a
cooperational bond in order to put forward new initiatives for protecting and
enhancing the integrity of sport. Through this relationship, the JSC and FIFA
will take joint initiatives to protect and develop clean sport with sharing
FIFAs knowledge and know-how on fighting against match fixing in
Recently the JSC has launched its
Sport Integrity Unit, which acts in the areas of fight against doping,
harassment and match manipulation in sport and promoting good governance among
sport organizations in Japan. For the first action, the JSC and FIFA will
co-host a symposium to promote the public awareness on threats to the integrity
of sport in Tokyo on 7 June.
Mr Jerôme Valcke, Secretary
General of FIFA, says, Fédération Internationale de
Football Association (FIFA) sincerely appreciates the hosting of this Integrity
of Sport Symposium and supports the actions engaged by the Japan Sports Council
(JSC) to fight against illegal betting and match manipulation. One of
FIFAs statutory objectives is precisely to protect the integrity of the
game. Therefore, the fight against the threat of match manipulation is a top
priority for FIFA. We have and will continue to work to eliminate these threats
from our beautiful game. We feel privileged to work together with the JSC to
support the hosting of a symposium promoting the protection of
Dr. Ichiro Kono, President of JSC,
says, The Sport Integrity Unit is launched based on the Japanese
government's commitments to protecting the integrity of sport. I sincerely
appreciate the FIFA to become our strong partner in protection and development
of clean athletes and clean sport culture.
For further inquiries, please
CONTACT: E-mail: firstname.lastname@example.org Tel: +81
(0) 3 5410 9161.
About the Japan Sport Council
The Japan Sport Council is the
national agency responsible for the sport development in Japan. Managing the
Sport Promotion Fund and Sport Promotion Lottery, the Council invests widely in
both local community and elite performance sport. The Council also owns and
operates major sporting facilities such as the National Stadium, the National
Training Center and the Japan
Institute of Sports Sciences. Accountable to the Minister of Education,
Culture, Sports, Science and Technology (MEXT), the Council plays a vital role
in the delivery of sport policy in Japan and the enhancement of sporting values
SOURCE: Japan Sports Council.
European Commission Study Challenges Sports Betting
BRUSSELS, Belgium (May 15, 2014)
--The regulated betting industry welcomes the main findings of a European
Commission funded study on sports organisers rights in the European
Union. The study (see link) finds that there is no legal basis nor rationale
for an EU-wide right to consent to bets (ie sports betting right).
The study also concludes that the French sports betting right, whereby sports
betting operators must obtain the consent of sports organisers to offer bets,
is not an effective mechanism for financial distribution to sport or as an
integrity instrument against match-fixing.
The study was designed to map out
the rights of sports organisers, in particular in relation to sports betting
operators and assess the merits of a betting right. In that respect, the study
makes a number of significant conclusions:
- The costs associated with the
administering of the right to consent to bets will always be
considerable and there is no evidence for a link between the
financial return stemming from a right to consent to bets and the financing of
- The adoption of integrity mechanisms is not a
prerequisite of the French right and there is no guarantee that the
income is in fact allocated to fraud prevention and detection.
- The right to consent to bets risks leaving
less popular and less visible sports more exposed to integrity risks
as for most sports organisers the financial return would be
insufficient to cover their own integrity costs.
- It is not evident that safeguarding the
integrity of sports events constitutes the principal rationale of the French
right to consent to bets.
- The conditions required to implement a right to
consent to bets are capable of constituting an unjustified restriction on the
free movement of services within the EU.
- The right establishes a monopoly for sports
leading to the creation of a dominant position within the meaning of
Article 102 TFEU and anti-competitive concerns.
- Highlights that amending the [Database]
Directive to meet the demands of the sports organisers would bear the risk of
creating undesirable information monopolies.
Whilst sports bodies and the French
authorities continue to promote a betting right, the report rightly highlights
that no other Member State has properly implemented legislation similar to that
existing in France and that most other jurisdictions have instead
opted for alternative mechanisms to collect and allocate revenue derived from
gambling to sport. Moreover, the report shows that sports organisers
already have sufficient legal protection and the creation, at EU level, of a
French style sports betting right is not justified.
Maarten Haijer, Secretary General of
the EGBA, added: This very comprehensive study illustrates clearly
that a sports betting right cannot act as a safeguard to keep corruption out of
sport. Such right has many practical and legal shortfalls, and the regulated
betting industry is encouraged to see that no other Member States in the EU
have decided to copy the French model."
Khalid Ali, Secretary General of
ESSA, stated The study shows that other more effective means should be
encouraged to preserve the integrity of sport. Fighting corruption in sport
requires an international effort and cooperation as illustrated by ESSAs
collaboration with the recent Integrity Betting Intelligence System
(IBIS) of the International Olympic Committee (IOC) as well as its active
participation in the future Council of Europe convention against match
Clive Hawkswood, Chief Executive of
the RGA, stated that We welcome the publication of the Asser Study on
sports organisers rights as we did the opportunity to participate in the
consultation process. We hope that the European Commission will take note
of its findings which echo our view that calls for a European wide sports
betting right, or indeed a sports betting right of any kind, are commercially
driven and have little if anything to do with integrity.
The study was launched in January
2013 and carried out for the European Commission by a consortium composed of
the Dutch Asser Institute (see link) and IVIR of the University of Amsterdam
For more information, please
contact: Maarten Haijer, Secretary General of EGBA: +32 2 554 08 90,
The EGBA is an association of
leading European gaming and betting operators Bet-at-home.com, BetClic,
bwinparty, Digibet, Expekt, and Unibet. The Gibraltar Betting and Gaming
Association (GBGA) is an affiliate member of EGBA. EGBA is a Brussels-based
non-profit association. It promotes the right of private gaming and betting
operators that are regulated and licensed in one Member State to a fair market
access throughout the European Union. Online gaming and betting is a fast
growing market, but will remain for the next decades a limited part of the
overall European gaming market in which the traditional land based offer is
expected to grow from 79.7 Billion GGR in 2012 to 83 Billion GGR
in 2015, thus keeping the lions share with 85% of the market. Source: H2
Gambling Capital, September 2013. www.egba.eu
ESSA (Sports Betting Integrity) was
established in 2005 by the leading online sports book operators in Europe to
monitor any irregular betting patterns or possible insider betting from within
each sport. To achieve this goal ESSA implemented an early warning system
between its members that highlights any suspicious betting activity. The Early
Warning System allows ESSA to work with the sports regulators and their
disciplinary and legal department, ensuring that when an alert is given the
regulator is informed immediately which may prevent the possibility of any game
manipulation on a given event.
So far, ESSA has signed a Memorandum
of Understanding with FIFA, The FA, DFB, ATP, ITF, WTA and has established
close relations with the IOC and many other sports regulators. ESSA members
include: ABB, Betclic; Betvictor, Betsson Bet-at-Home; bwinparty; Digibet;
Expekt; Goldbet; Interwetten; Ladbrokes; Paddy Power; Stanleybet, Unibet and
William Hill. For more information on ESSA please go to the ESSA website
contact Khalid Ali, Secretary General at +32 2256 7565
About the RGA
The RGA is the largest online
gambling trade association in the world representing the largest licensed and
stock market-listed remote gambling operators and software providers. Further
information and a full list of members can be found at www.rga.eu.com
For further information or comment
please contact Brian Wright, RGA Director of Business +44 (0) 20 3585 1241.
Novomatic AG is Now Part of the UN Global Compact
The worldwide gaming company
with Austrian roots is the largest corporate citizenship initiative, has joined
the UN Global Compact
VIENNA, Austria (May 13, 2014) --
Two world groups were recently joined together to form part of something
Novomatic AG. as one of the world's
biggest exporters of gaming technology and
entertainment expertise is the
largest corporate social responsibility initiative in the world joined the
Global Compact the United Nations.
The Global Compact now has 8,000
active members in 135 countries who have undertaken to comply with ten
principles in the areas of human rights, labor standards, environment and
anti-corruption pledge. The participants are also to be required to publish, an
annual report on its activities and on progress made in the area
of corporate responsibility.
So the opportunity for mutual
learning and to strengthen the transparency towards stakeholders of
participants will be offered. Novomatic confirmed with the accession to
this initiative, the decades in
their corporate culture rooted commitment to sustainable social
"With our long-standing efforts
in corporate social responsibility, we meet quite some time now the
requirements of the UN Global Compact, "said Dr. Franz Wohlfahrt, director
general of the Novomatic AC.
"With our membership we will now
also increasingly make clear to the outside, that corporate responsibility is
not a short-lived marketing gimmick to us, but an integral part of our
corporate strategy. And we want to continuously improve."
There will be created each year a
progress report published and the company will continue in the CSR report of
Novomatic AG added that publishes regularly for some time and is online at the
following link in the current version is available: www.novomatic.com / csr.
Delaware Lottery Employee Tina Leager Receives Award for
Excellence and Commitment in State Service
DOVER, Delaware (May 8, 2014) --
Governor Jack Markell today recognized and celebrated the efforts of the 2014
recipients of the Delaware Award for Excellence and Commitment in State
Service. The award winners and nominees were recognized for their exemplary
efforts in service to the State of Delaware.
These individuals exemplify
what it means to be a public servant, said Governor Markell.
I commend them for their commitment and dedication to providing
excellent service to Delawareans.
The 2014 recipients included:
Tina Leager - Tina Leager is
a Senior Accountant with the Department of Finances
State Lottery Office. Over
the past year Tina has been heavily involved in the administration and
development of financial reconciliation processes for the newly authorized
Charitable Gaming Organizations, the reconciliation of the newly launched
internet gaming websites, and the migration of Sports Lottery accounting
processes to an automated system.
Tina has been instrumental in the
development of the monthly filing procedures and she took the lead in providing
personalized customer service to each and every licensed Charitable Gaming
vendor and venue, in addition to her involvement with the overall process
redesign that was required.
Tina played a critical role in the
review and development of financial reporting for the new internet gaming
system and she worked to implement in-house reconciliation procedures and
administered the first poker clearinghouse in the United States.
Tina is also responsible for
accounting for the Sports Lottery and was instrumental in creating,
implementing, and, now, overseeing all aspects of the Sports Lotterys
financial reconciliations, analysis and reporting while continuing to perform
other critical assignments. Tinas invaluable expertise, participation in
system testing, and input during the development process of all of these
programs were key to smooth transitions.
SOURCE: Office of Governor