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NASPL STANDARDS INITIATIVE CERTIFICATION PROGRAM

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MGS2015

Give Yourself The Edge

La Fleur 2015 Almanac


The WEEK in REVIEW
A Weekly Snapshot of the Top Lottery and Gaming News Stories





Vol. 73 No.6 - Monday November 16, 2015


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International Game Technology PLC Report 3Q 2015 Results

  • Adjusted EBITDA of $414 million and adjusted earnings per share of $0.41; GAAP earnings per share of $0.04
  • Resilient profitability reflects diversity of business, disciplined operational management and synergy benefits
  • Free cash flow was $132 million in the third quarter
  • The Company is confident in reaching the top half of its full year 2015 adjusted EBITDA outlook

 

LONDON, U.K. (November 12, 2015) -- International Game Technology PLC (“IGT”) (NYSE:IGT) today reported financial results for the third quarter and nine months ended September 30, 2015.

We are pleased to report third quarter profitability in line with our expectations in this year of transformation,” said Marco Sala, CEO of IGT. “In our global lottery operations, we delivered another resilient set of results and we are encouraged by our new game performance. As expected, product sales moderated from the second quarter’s high level. We are focused on driving growth through innovation. Our recent showcases at the leading gaming and lottery trade shows demonstrated that commitment and the power of combining our compelling content and leading-edge technology to cement our industry leadership.”

Our third quarter results reflect the diversity of our business and disciplined operational management,” said Alberto Fornaro, CFO of IGT. “Our synergy plans remain on track, free cash flow generation was strong, net debt was reduced, and our financial condition remains solid. We planned our first year as a combined company prudently; based on our year-to-date results and current top-line visibility, we are confident in reaching the top half of our 2015 adjusted EBITDA outlook.

 

Note: Pro forma is defined as the combined results of GTECH and legacy IGT for period prior to the second quarter of 2015. Adjusted operating income, adjusted EBITDA, and adjusted net income per diluted share are non-GAAP financial measures. Reconciliations of non-GAAP financial measures to the most directly comparable GAAP financial measures are provided at the end of this news release.

 

Comparability of Results

All figures presented in this news release are prepared under U.S. GAAP, unless noted otherwise.

As a result of the combination of GTECH S.p.A. (“GTECH”) and International Game Technology (“legacy IGT”), which was completed on April 7, 2015, a number of items affect the comparability of reported results. Reported financial information for the third quarter of 2015 includes the results of operations of IGT for the entire period, while reported financial information for the third quarter of 2014 includes only GTECH operations. Reported financial information for the first nine months of 2015 includes IGT for the second and third quarters and only GTECH operations in the first quarter, while the reported nine month 2014 figures are for GTECH only. Pro forma figures represent the combined results of both companies in 2014 and in the first nine months of 2015.

Adjusted figures exclude the impact of purchase price amortization, restructuring expense, and certain one-time, primarily transaction-related items. Reconciliations to the most directly comparable GAAP measures are included in the tables in this news release.

Reported 2015 results were adversely affected by the strengthening of the U.S. dollar compared to the euro; the daily average U.S. dollar to euro foreign exchange rate was 1.11 in the third quarter of 2015 compared to 1.33 in the third quarter of 2014. Constant currency changes for 2015 are calculated using the same foreign exchange rates as the corresponding 2014 period.

The Company has harmonized the methodology used to calculate pro forma, adjusted EBITDA in the first calendar quarter of 2015 by adding back certain legacy IGT items that had not been previously included. This has resulted in a $30 million increase to pro forma, adjusted EBITDA in the first quarter of 2015, which is also included in the Company’s revised, full year 2015 outlook.

Management believes that referring to certain pro forma, constant currency, or adjusted measures is a more useful way to evaluate the Company’s underlying performance.

Overview of Consolidated Third Quarter Results

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Reported consolidated revenue grew 30% to $1.22 billion from $938 million in the third quarter of 2014, reflecting GTECH’s acquisition of legacy IGT. On a pro forma, constant currency basis, consolidated revenue declined 10%. Resilience in global lottery operations was more than offset by an expected decrease in gaming product sales, largely due to significant Oregon VLT and casino conversion sales in the third quarter of 2014, in addition to the variability in the timing of new casino openings. During the quarter, the Company sold 6,622 gaming machines worldwide and global lottery same-store revenue, excluding Italy, increased 6%.

On a reported basis, adjusted EBITDA of $414 million was 21% above the third quarter of 2014. On a pro forma, constant currency basis, adjusted EBITDA was 17% below the prior-year period, primarily due to sales dynamics in the quarter, which were partially offset by lower operating expenses.

Reported operating income was $130 million compared to $184 million in the third quarter of 2014. On a pro forma, constant currency basis, adjusted operating income was 19% below the year-earlier period, as higher lottery profits were more than offset by lower gaming profits.

Interest expense was $122 million compared to $75 million in the prior-year period due to increased debt incurred to finance the legacy IGT acquisition.

Net income attributable to IGT was $7 million in the third quarter of 2015. On an adjusted basis, net income was $82 million. The Company reported net income per diluted share of $0.04 and earned $0.41 per diluted share on an adjusted basis.

Cash from operations was $471 million in the first nine months of the year, inclusive of higher interest costs and approximately $150 million in one-time, transaction-related costs. Capital expenditures were $289 million in the year-to-date period.

Cash and cash equivalents were $552 million as of September 30, 2015, compared to $573 million as of September 30, 2014.

At September 30, 2015, consolidated shareholders’ equity totaled $3.52 billion and net debt was $8.20 billion.

Operating Segment Review

North America Gaming & Interactive

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Revenue for the North America Gaming & Interactive segment was $341 million compared to $37 million in the third quarter of 2014. On a pro forma basis, revenue was 19% below the prior year as relative stability in recurring service revenues was more than offset by an expected contraction in product sales on difficult comparisons with large VLT sales and intellectual property revenue in the third quarter of 2014.

Service revenue was $267 million compared to $15 million in the prior-year period. On a pro forma basis, service revenue declined 2% as a result of a lower installed base that was mostly compensated for by improved wide area progressive yields, 6% growth at DoubleDown, and favorable mix. Product sales were $73 million compared to $22 million in the third quarter of 2014. On a pro forma basis, product sales were 50% below the prior year, as anticipated. The Company sold 3,326 machines compared to 6,541 units in the third quarter of 2014, which included 1,864 Oregon VLT units and shipments related to stronger new casino openings. Year-to-date, total replacement unit sales were up 4% while new and expansion units were down, reflecting the cadence of new casino openings and VLT programs. Product sales were also affected by an expected decrease in intellectual property licensing revenue.

Operating income for North America Gaming & Interactive was $85 million compared to $2 million in the third quarter of 2014. On a pro forma basis, North America Gaming & Interactive operating income declined 42% as a result of lower product sales and overall revenue mix as well as further investment in research and development.

North America Lottery

Revenue for the North America Lottery segment was $253 million in the quarter, 6% higher than the prior year on a reported basis but 2% lower on a pro forma basis. The Company entered into a revised termination agreement with the Illinois Lottery during the third quarter. Excluding the Illinois termination settlement, pro forma revenue for the North America Lottery segment rose 2%.

Service revenue increased 9% on a reported basis and was in line with the prior year on a pro forma basis, reflecting the net impact of 8% same-store revenue growth and the Illinois termination payment. Strong instant ticket sales and local draw-based game performance were the primary drivers of same-store revenue growth during the quarter. New contracts in Canada and Colorado also contributed to service revenue growth. Product sales of $11 million in the quarter were below the third quarter of 2014, reflecting the natural variability of the business, which included strong instant ticket printing and vending machine sales in the prior year period.

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Operating income for North America Lottery was $50 million compared to $20 million in the third quarter of 2014. On a pro forma basis, operating income for North America Lottery rose 66% on strong same-store revenue growth and operational leverage, and despite the $5 million net impact of the Illinois settlement, which also impacted adjusted EBITDA.

International

International revenue was $211 million compared to $138 million in the third quarter of 2014 on a reported basis. On a pro forma, constant currency basis, International revenue was 12% below the prior year, the net result of stable lottery performance and lower gaming product sales due to challenging comparisons with large conversion and systems sales in the prior-year period.

International lottery same-store revenue was up approximately 2% on continued, broad-based strength in instant tickets and sustained jackpot growth in Eastern Europe that was partially offset by weaker trends in Latin America. Lottery product sales were in line with the prior-year period on a pro forma, constant currency basis.

International gaming service revenue was modestly below the third quarter of 2014 on a pro forma, constant currency basis due to a contraction in the installed base, principally as a result of the conversion of leased units in Mexico over the last year. The Company sold a total of 3,296 gaming machines internationally during the third quarter. Revenue from gaming product sales was below the prior year, partly due to large conversion and systems sales in the comparable 2014 period.

International operating income was $37 million, 28% greater than the third quarter of 2014. On a pro forma basis, International operating income was down, primarily reflecting lower gaming product sales.

Italy

Revenue in the Italy segment was $414 million compared to $525 million in the third quarter of 2014, primarily due to the weakening of the euro against the U.S. dollar. Excluding currency translation, Italian revenue was down 8%, as relative stability in most core activities was offset by the anticipated impact of gaming machine taxes and a six percentage point increase in sports betting payout.

Total Lotto wagers in the quarter were €1.68 billion compared to €1.75 billion last year, as a result of significantly lower late number activity. 10eLotto performance was especially strong during the quarter, supported by the continued success of Numero ORO. Instant-ticket wagers were €2.11 billion versus €2.18 billion last year, an improvement in the year-to-date trend related to several new product introductions.

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Machine gaming revenue declined in constant currency due to higher taxes associated with the 2015 Stability Law. Excluding the Stability Law impact, machine gaming revenue was in line with the prior-year period in constant currency, as improved machine productivity and mix continue to offset lower AWP units.

Operating income for Italy was $131 million compared to $192 million in the third quarter of 2014, primarily due to unfavorable currency impacts and a gain on the sale of the Company’s Italian sports and events ticketing business in the prior-year period. On a constant perimeter and currency basis, Italian operating income was affected by the higher sports betting payout and Stability Law.

Outlook

Including the $30 million reclassification of certain legacy IGT items in the first quarter of 2015, the Company is updating its outlook for pro forma, adjusted EBITDA in 2015 to $1.605-$1.705 billion from the prior range of $1.575-$1.675 billion.

Capital expenditures for the year are now estimated at $400-$450 million compared to a prior expectation of $450-$500 million. This does not include any upfront capital related to the Italian Lotto concession renewal, which will not be required this year.

Conference Call and Webcast

Today, at 8:00 a.m. EST / 1:00 p.m. GMT / 2:00 p.m. CET, management will host a conference call to present the third quarter 2015 results. Listeners may access a live webcast of the conference call along with accompanying slides under “News, Events and Presentations” on IGT's Investor Relations website at www.IGT.com. A replay of the webcast will be available on the website following the live event. To listen by telephone, the dial in number is +44 (0) 20 3427 1905 for participants in the United Kingdom and +1-718-354-1152 for listeners outside the United Kingdom. The conference ID/confirmation code is 2592426. A telephone replay of the call will be available for one week at +44 (0) 20 3427 0598 or +1-347-366-9565 using the conference ID/confirmation code 2592426.

About IGT

IGT (NYSE:IGT) is the global leader in gaming. We enable players to experience their favorite games across all channels and regulated segments, from Gaming Machines and Lotteries to Interactive and Social Gaming. Leveraging a wealth of premium content, substantial investment in innovation, in-depth customer intelligence, operational expertise and leading-edge technology, our gaming solutions anticipate the demands of consumers wherever they decide to play. We have a well-established local presence and relationships with governments and regulators in more than 100 countries around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has approximately 13,000 employees.

For more information, please visit: www.IGT.com.

SOURCE: IGT.

 

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INTRALOT Ran to Support Good Causes at the 33rd Athens Marathon

ATHENS, Greece (November 11, 2015) -- INTRALOT participated in the '33rd Athens Marathon. The Authentic', a unique global sports event and an exceptional lifetime experience, actively supporting the purposes of two NGOs. The event is a celebration of human will and mind, of solidarity and fundamental human values, bearing the messages of democracy, freedom, fair play and personal excellence. This year the event drew over 43,000 runners, an all-time record for the Athens Marathon.

For the fourth consecutive year, "INTRALOT Runners" ran the 5km, 10km and 42km races of this year's Marathon with the aim to support the NGO "Greek Society for the Protection of Autistic People (E.E.P.A.A.)".

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INTRALOT Runners

INTRALOT runners wearing the INTRALOT orange T-shirt participated at the race to bring awareness and foster the participation of autistic persons in social life.

Moreover, for the second consecutive year INTRALOT organized a fund raiser on behalf of the NGO "The Smile of the Child", through an internal betting competition on INTRALOT Runners.

The money raised will be offered to the "The Smile of the Child" to support its mission towards defending the rights of children, and provide them the necessary physical, mental and spiritual balance.

Mr. Antonios Kerastaris, INTRALOT Group CEO, stated: "We are proud for our participation at this prominent, legendary event. I would like to cordially thank INTRALOT Running team for their dedication and zeal running with their heart for two great causes, supporting the work of E.E.P.A.A. and the Smile of The Child. Passing the finish line of this demanding race spreads the message that everything is possible, as long as we believe in it."

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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, about 5.400 people and revenues of €1,85 billion for 2014, INTRALOT has established its presence on all 5 continents.

For more information please CONTACT: Ms. Persa Kartsoli, Group Director of Corporate Communications, Phone: +30-210 6156000, Fax: +30-210 6106800, email: kartsoli@intralot.com

SOURCE: INTRALOT.

 

 

Scientific Games Win Five-Year Contract for Arizona Lottery's Integrated Lottery Gaming System

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LAS VEGAS and ATLANTA, (November 5, 2015) -- Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company") today announced that its wholly-owned subsidiary Scientific Games International, Inc. ("SGI") was awarded a new contract to provide an integrated lottery gaming system to the Arizona Lottery (the "Lottery"). Under the contract, the Company will provide facilities management services for the Arizona Lottery's central computer systems, software, data center operations, retailer telecommunications network, retail point-of-sale and player self-service technology and peripherals, in-store digital advertising content system, mobile applications and marketing services as well as technical and marketing staff support. The effective date of the agreement is August 31, 2015 and will remain in effect for five years after the date on which the Company completes installation, and obtains the Lottery's acceptance of the gaming system.

The Arizona Lottery's five-year contract with Scientific Games, which was awarded after a competitive procurement process, will replace a competitor's system and is expected to begin on or about August 31, 2016 and may be extended by the Lottery for up to an additional five years. The Lottery's total retail sales were $750 million (USD) in fiscal year 2015.

Arizona Lottery Executive Director, Tony V. Bouie, said, "The Arizona Lottery has aggressive growth goals. Scientific Games, as an industry leader in innovation, gives us the best opportunity for significant retail sales growth in an ever-changing environment."

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Scientific Games

Scientific Games began providing instant games to the Arizona Lottery at the Lottery's inception in 1981 and has provided instant games and licensed properties to the Lottery throughout the years. The Company proposed a comprehensive suite of innovative products and services that focus on supporting the Arizona Lottery's strategic plans to meet evolving consumer needs and maximize total lottery sales and profits in the coming years.

Pat McHugh, Senior Vice President, North American Lottery Systems for Scientific Games, said, "The Arizona Lottery has worked hard to establish a very strong brand with consumers in the state for more than three decades. Under our instant products contract with the Lottery, Scientific Games has been a part of their remarkable success growing instant game sales in Arizona. We appreciate the continued trust in our products and services, and we look forward to also innovating with the Lottery on their draw game portfolio to help drive total sales and maximize profits for the Lottery and their retailers."

Scientific Games provides products, technology and services to more than 150 lotteries worldwide, including North America, South America, Europe, Asia and Australia.

About Scientific Games

Scientific Games Corporation (NASDAQ: SGMS) is a leading developer of technology-based products and services and associated content for worldwide gaming, lottery and interactive markets. The Company's portfolio includes gaming machines, game content and systems; table games products and utilities; instant and draw-based lottery games; server-based lottery and gaming systems; sports betting technology; loyalty and rewards programs; and interactive content and services.

For more information, please visit us at www.scientificgames.com.

About Arizona Lottery

The Arizona Lottery operates entirely from the revenue it generates through the sale of its products; it doesn't receive any General Fund dollars from the State. Proceeds from sales of Lottery tickets -- nearly $3.4 million per week, fund a variety of state programs. Since July 1981, the Arizona Lottery has paid out more than $6.2 billion in prizes to players, more than $3.3 billion in net funding to the state and more than $735 million in commissions to retailers. Learn more at: ArizonaLottery.com.

SOURCE: Scientific Games Corporation.

 

 

Florida Lottery Set New October Sales Record

TALLAHASSEE, Florida (November 5, 2015) -- The Florida Lottery announces that it reached an all-time high for ticket sales in October, surpassing more than $471 million. This reflects a 6.9 percent increase in sales over last October, which held the previous record with sales of $440 million.

"October's record sales generated an estimated $118 million in revenue for education, an increase of $3 million over the same period a year ago," said Tom Delacenserie, Interim Secretary of the Florida Lottery.

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"We anticipate our varied and exciting game offerings, such as the HOLIDAY GIFTS Scratch-Off games, the return of Holiday MILLIONAIRE RAFFLE, the jackpot and daily draw games, along with our limited-time promotions and contests, will provide players plenty of reasons to continue purchasing tickets for a chance to win, while helping us generate more money for education."

Scratch-Off game sales represented 68.5 percent of October's sales. Specifically, the latest $20 Scratch-Off game, $5,000,000 FLAMINGO MULTIPLIER, produced nearly $60 million alone, accounting for 18 percent of the monthly Scratch-Off sales total.

The game, launched on September 22, has already paid out more than $67 million in prizes, including three $1 million and two $5 million prizes.

ABOUT THE FLORIDA LOTTERY

The Florida Lottery is responsible for contributing more than $28 billion to education and sending more than 700,000 students to college through the Bright Futures Scholarship Program.

The Florida Lottery reinvests 97 percent of its revenue back into Florida's economy through prize payouts, commissions to more than 13,000 Florida retailers and transfers to education.

Since 1988, Florida Lottery games have paid more than $48.5 billion in prizes and made more than 1,800 people millionaires.

For more information, please visit: www.flalottery.com.

SOURCE: The Florida Lottery.

 

 

One Away? Win Anyway! The Hoosier Lottery Will Still Pay

INDIANAPOLIS, Indiana (Nov. 5, 2015) - There is an old adage that says, "close only counts in horseshoes and hand grenades." Thanks to an exciting new way to play the Hoosier Lottery's Daily 3 and Daily 4 games, close will soon count in the Hoosier Lottery, too.

Beginning Nov. 8, Daily 3 and Daily 4 players in Indiana will have a new way to play known as "Daily 3 with 1 - OFF" and "Daily 4 with 1-OFF" that allows players to win if one or more of their numbers are one digit higher or lower than the official winning numbers.

Wagers for 1-OFF play type are the same as straight, box and combo, with play amounts starting at just 50 cents. Daily 4 with 1-OFF pays prizes up to $300 on a $1 play amount and each ticket features 80 ways to win. Daily 3 with 1-OFF tickets pay up to $40 on a $1 play amount and offer up to 26 ways to win on each ticket.

For ease of play, all possible winning number combinations will print on every Daily 3 or Daily 4 with 1-OFF ticket.

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To play Daily 3 or 4 with 1-OFF, players must select the 1-OFF play type at purchase. Players can select their own numbers or opt for a quick pick. The amount a player wins is determined by the number of digits matched exactly and the number of digits matched 1-OFF. A 1-OFF wager does not pay if all numbers on a ticket exactly match the winning numbers; at least one number must be 1-OFF to win. Click here to view a How to Play video.

Win a year's worth of Daily 3 and Daily 4 tickets!

To introduce players to the new 1-OFF play style, the Hoosier Lottery will host events in November at retailers across Indiana. At each event, players can enter to win a year's worth of Daily 3 or Daily 4 tickets. One winner will be selected at each location. Events are currently scheduled for Fort Wayne, Hammond, Indianapolis, Jeffersonville, New Albany and Rockport. Click here for the list of promotion locations, dates and times.

Prizes up to $599 may be claimed at most of the Hoosier Lottery's 4,400 retailers in Indiana. Prizes from $600 to $49,999 may be claimed at Hoosier Lottery Prize Payment centers in Indianapolis, Mishawaka and Evansville Monday through Friday. Visit hoosierlottery.com for hours and directions.

About The Hoosier Lottery

Hoosier Lottery distributions benefit every county throughout Indiana. The Hoosier Lottery contributes $30 million to local police and firefighters' pensions and $30 million to the Teachers' Retirement Fund. In fiscal year 2013, the Hoosier Lottery contributed $164.5 million to the Build Indiana Fund. To learn more about the Hoosier Lottery, visit www.hoosierlottery.com/givingback. Download the official Hoosier Lottery app and follow on Facebook and Twitter. Hoosier Lottery logos are available online.

CONTACT: Courtney Arango, Hoosier Lottery, Director of Public Relations, Email: carango@hoosierlottery.in.gov, Phone: 317-264-4898 (office), 317-653-0561 (cell).

SOURCE: Hoosier Lottery.

 

 

SPELOS Becomes a Member EUROMAT the Voice of the Land-Based Gaming Entertainment Industry in Europe

PRAGUE, Czech Republic (November 9, 2015) -- The largest national association of operators of lotteries and other similar games SPELOS has become the 19th member of The European Gaming and Amusement Federation (EUROMAT).

"We are pleased that we have become an important member of this organization. The main goal of our collaboration is to regulate the online lottery, so that the area was favoured over traditional land-based operators. At the same time, we intend to pursue the setting of reasonable and non-discriminatory taxation, all in cooperation with national regulators. Considers it necessary to comply with a responsible approach to addressing the issue of regulating lotteries such as is customary for the entertainment industry in most European countries," said Petr Vrzáň,, president SPELOS.

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About SPELOS

The Association of operators of central lottery systems and other games ("SPELOS") is an association of legal entities. Its aim is to co-create professional looking lotteries and other similar games, especially in the operation of a central lottery system ("CLS") and other games, such as local lottery systems, electromechanical roulette, casino games and more.

SPELOS defends the interests of its members in professional forums in negotiations with state and local governments, cooperates with similar associations and ultimately supports its members in the business. To achieve this goal SPELOS organizes and supports meetings of operators with state and local governments and cooperates with other associations with similar focus and experts in the area of ​​operation of the CLS and other similar games. At the same time it helps to create a legal framework in this area.

About EUROMAT

The European Gaming and Amusement Federation (EUROMAT) is the voice of the land-based gaming entertainment industry in Europe.

A highly regulated and highly taxed industry section contributing to more than 250,000 jobs across Europe. The organisation was established in 1979 to represent, through its affiliated national associations, private sector operators of gaming machines and the manufacturers that supply them. Today, EUROMAT has 18 national member associations from 13 European countries, as well as two observer members from France and Hungary.

SOURCE: SPELOS.

 

 

Lottario is Now Enhanced with a Faster Growing Jackpot, New Prizes and Better Odds

TORONTO, Canada (November 9, 2015) -- A faster growing jackpot, new prizes and better overall odds of winning are in store for LOTTARIO, Ontario's longest running lottery game. The first draw of the improved LOTTARIO will be held on Saturday, November 14, 2015.

"LOTTARIO, sold only in Ontario, has been creating local winners in the province since 1978," said Wendy Montgomery, OLG Vice President, Lottery Marketing & Sales. "A faster growing jackpot and more prizes means there has never been a better time to play LOTTARIO!"

In addition to a faster growing jackpot, LOTTARIO offers other great enhancements!

  • Better Odds: The overall odds of winning any prize improve from 1 in 20.89 to just 1 in 5.8
  • New $30 Prize: A new $30 prize for matching 4 numbers plus the bonus number.
  • New $5 Prize: A new $5 prize for matching 3 numbers plus the bonus number.
  • Free Play: A new Free Play prize for matching the bonus number.
  • Advance Play: Extended advance play options to up to 26 draws (from 10 draws).

 

All of these improvements are offered at the same value players expect – LOTTARIO remains priced at $1 for two lines of numbers.

How to Play:

  • Choose six numbers from 1 to 45 or ask your lottery retailer for a Quick Pick.
  • Match six of six numbers to win the jackpot.
  • Draws take place every Saturday.
  • Tickets purchased before midnight (Eastern Time) on Friday are eligible for the Early Bird draw, featuring a $50,000 prize.
  • Tickets are sold until 10:30 p.m. (Eastern Time) on draw night.

 

For more information about LOTTARIO, please visit: olg.ca and click on Lotteries.

OLG is a provincial agency responsible for gaming facilities, the sale of province-wide lottery games, the PlayOLG Internet gaming website and the delivery of bingo and other electronic gaming products at Charitable Gaming Centres across the province.

Since 1975, OLG has provided nearly $42 billion to the Province and the people of Ontario. OLG's annual payments to the province have helped support the operation of hospitals; prevention, treatment and research of problem gambling; amateur sport through the Quest for Gold program; and local and provincial charities.

OLG was a Premier Sponsor of the TORONTO 2015 Pan Am / Parapan Am Games.

SOURCE: OLG.

 

 

Support Texas Veterans This Veterans Day with the New Veterans Cash Scratch Ticket

AUSTIN, Texas (November 11, 2015) -- This Veterans Day, Texas Lottery players can show their support for Texas veterans by purchasing the newest Veterans Cash scratch ticket. The $2 game benefits the Texas Veterans Commission Fund for Veterans’ Assistance.

Texas Veterans Ticket

Veterans Cash features six top prizes of $25,000 and more than $6 million in total prizes. The overall odds of winning are one in 4.12 for any prize, including break-even prizes.

Since the first veterans’ themed scratch ticket was launched in 2009, the Texas Lottery has contributed more than $52 million for programs supporting Texas veterans.

The Fund for Veterans’ Assistance makes grants available to eligible charitable organizations, local government agencies, and Veterans Service Organizations that provide direct services to Texas veterans and their families.

With 1.7 million veterans spread across the state, these programs provide financial assistance, transportation services, Post-Traumatic Stress Disorder counseling and housing assistance.

The Texas Lottery first launched the veterans’ themed scratch ticket game on Nov. 9, 2009, following the passage of a bill during the 81st Legislature.

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Players interested in finding the game in their area can use the Scratch Ticket and Retailer Locator on the Texas Lottery website.

About the Texas Lottery

Beginning with the first ticket sold in 1992, the Texas Lottery has generated $24 billion in revenue for the state and distributed $47 billion in prizes to lottery players.

Since 1997, the Texas Lottery has contributed $18 billion to the Foundation School Fund, which supports public education in Texas.

As authorized by the Texas Legislature, certain Texas Lottery revenues benefit state programs including the Fund for Veterans’ Assistance.

Since the first veterans’ themed scratch ticket game was launched in 2009, the Texas Lottery has contributed more than $52 million for programs supporting Texas veterans.

The Texas Lottery provides several entertaining games for lottery players including Powerball®, Mega Millions®, Lotto Texas®, All or Nothing™, Texas Two Step®, Pick 3™, Daily 4™, Cash Five®, Texas Triple Chance™ and scratch ticket games.

For more information visit us on Facebook, Twitter, Instagram, YouTube or at: www.txlottery.org.

SOURCE: Texas Lottery.

 

 

Swedish Gambling Association Joins EGBA, Europe's Leading Online Gaming and Betting Association

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BRUSSELS, Belgium (November 10, 2015) -- BOS, the association of EU licensed online gambling companies operating in Sweden, announced today it has joined the EGBA, Europe’s leading Brussels based online gambling body.

Commenting on the agreement, Gustaf Hoffstedt, Secretary General of BOS said: “It is with great joy that BOS has been approved as an affiliate member of EGBA. For many years, we have been following the important work of the EGBA in Brussels. If we are to achieve full effect in the EU-related work we have to muster our forces, and this is where EGBA comes into play. Just like BOS unites many actors in Sweden, EGBA unites many under the EU-canopy.

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The decision comes at a time when Sweden is discussing the future of its gambling market. The Swedish gambling legislation has come under great scrutiny following the Commission’s decision last year to refer Sweden to the Court of the Justice of the European Union (CJEU) for lack of compliance with EU law.

Gustaf Hoffstedt, Secretary General of BOS added: “With our affiliated membership, we want to pull our weight, to the benefit of the bigger picture but also the national gambling market in our own Swedish jurisdiction.”

Maarten Haijer, Secretary General of EGBA, concluded: “We are very pleased that BOS has joined EGBA. Together we are stronger in the Brussels and the Swedish discussions on the future of online gambling. After previously welcoming the Gibraltar Betting and Gaming Association (GBGA), the EGBA is pleased to be joint by our second affiliate member association. It shows the importance of working together to ensure that Europe moves towards an attractive regulated market with high consumer protection standards.”

For more information, please contact:

Gustaf Hoffstedt, Secretary General, BOS gustaf.hoffstedt@bos.nuTel: +46 708 18 28 21, or

Maarten Haijer, Secretary General, EGBA maarten.haijer@egba.eu Tel: +32 2 554.08.90

About BOS

BOS, the Industry Association for Online Gambling (Branschföreningen för Onlinespel) was founded in 2012. The association represents the companies that hold an EU-license and that operate on the Swedish market.

Currently, BOS has 18 members and thereby represents a majority of the Swedish gambling market online, excluding online gambling companies that hold Swedish licenses.

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BOS shall be a natural partner for political representatives as well as government agencies and non-profit organisations for all issues pertaining to online gambling. The board consists of Betfair, Unibet, Betsson, Mr Green & Co. and Paf.

Associated members are Bet365, Bonnier Gaming, Evolution Gaming, Pokerstars, William Hill, Net Entertainment, Nyx Gaming, Ladbrokes, Prima Network, ComeOn, Gamesys, Cherry and Leo Vegas.

About the EGBA

The EGBA is an association of leading European gaming and betting operators Bet-at-home, BetClic, bwin.party, Expekt, and Unibet. The Gibraltar Betting and Gaming Association (GBGA) and Branschföreningen för Onlinespel (BOS) are affiliate members of EGBA.

As a Brussels-based non-profit association, EGBA promotes the rights of more than 20 million adult European citizens to participate in online gambling of their choice in an informed, regulated, safe and secure environment.

While online gambling remains a smaller part of the total gambling market (15%), based upon innovation, technology and digital consumer demand, online gambling transformed itself into an industry champion of the European digital economy with material spin-off effects towards other digital economies and strong synergies with sports.

EGBA members have invested more than €600M into digital security and contributed to sports with more than €800M, mainly via sponsorship deal and purchasing innovative sports streaming rights. www.egba.eu

SOURCE: EGBA.

 

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ALEA Holds Conference on Security and Digital Signature

ARGENTINA (November 9, 2015) -- On Thursday, November 5, La Asociación de Loterías Quinielas y Casinos Estatales de Argentina (ALEA) conducted a Safety training session in the Meeting Centre of the association.

32 employees of the 11 regulators of Argentina participated in this event organized jointly by the committees of Information and Training ALEA.

At the opening, Enrique Ucedo , Advisor of the association, after welcoming the participants referred to the importance of information security in the context of the search for transparency in the gaming sector.

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He then presented the Ing. Teresita Benitez, President of the Commission for Information Affairs and Director of Computer IAS; Ing. Edgardo Sicatto , a member of that committee and Advisory Board of LNSE; Rodrigo Cigliutti, Secretary of the Committee on Training and Commercial Manager IPRA; and Mario Trucco, CEO of ALEA, who presented 'What is ALEA' kicking off the development content of the day.

Sicatto and Benitez developed the basic concepts of information security and the importance of its implementation in state lotteries.

The certification of the ISO / IEC 27001: 2013 applied to the processing, loading of extracts, calculating winners, communication and payment of awards made ​​in the Institute of Gaming Neuquén and certification ISO / 27001: 2013 National Lottery SE, applied to the process of customer service were presented by officials of the two organizations during the morning.

After lunch, company representatives Risk Advisory Services exposed on the role of external advice in the process of certification. And, to close, the digital and electronic signature, application and legal situation in our country was presented by Eng. Carlos Sal, a member of the Committee of Information Affairs ALEA and Head of Planning and Management Control of the Social Fund Santiago del Estero.

In this new training, participants agreed to recent experience, making exchange of information, the provision of contingencies and other specific recommendations in this regard that contributes to a large extent, with the transparency and efficiency of regulators and administration gambling.

SOURCE: La Asociación de Loterías Quinielas y Casinos Estatales de Argentina (ALEA).

 

 

American Gaming Association and Clubs Australia Announce Partnership to Tackle Illegal Gambling

WASHINGTON, D.C. (November 5, 2015) -- Clubs Australia and the American Gaming Association (AGA) today united to call for a global approach to tackling the unregulated, unsafe and un-taxed illegal online gambling market. The two organizations also committed themselves to forming an international alliance on the issue, in which both parties will collaborate to raise awareness of the risks illicit gambling websites, and work on measures to prevent their spread.

It is estimated that US and Australian residents currently spend $4 billion and $1.2 billion respectively each year on illegal overseas gambling websites.

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Not only do these illegal websites deprive both Australian and US governments of tax revenue and employment, their operation greatly increases the risks of money laundering and terrorism financing.

It’s well past time to take the threat of these illegal gambling operations seriously,” said Clubs Australia Executive Director Anthony Ball. “The proliferation of illegal online gambling is a scourge that needs to be tackled by governments world-wide, in association with legal and regulated gaming operators. Put simply, these sites are unethical and unsafe. There are no age verification checks, no harm-minimisation measures, and the revenue they generate goes to offshore tax havens – not back to the community.”

There’s a clear difference between illegal operators and the licensed, regulated industry,” said Sara Rayme, senior vice president of public affairs. “Our partnership with Clubs Australia will help to shine a spotlight on shady outfits that don’t create jobs, contribute vital tax revenue, protect players or serve as strong community partners.

As part of the international partnership, both organizations will work together to provide details of these illegal operations to governments in order to combat these illicit sites from their harmful operation. They will also call on their respective governments to increase dedicated resources toward such illegal gambling enterprises.

The partnership between AGA and Clubs Australia also forms part of the AGA’s “Stop Illegal Gambling – Play it Safe” initiative, which focuses on four key areas of illegal gambling: illegal sports betting; black market machines; Internet sweepstakes cafes; and illegal online betting.

Key Facts:

  • Americans and Australians spend an estimated $5.2 billion per annum on illegal, offshore gambling websites.
  • Illegal gambling websites are unsafe and lack important harm-minimisation measures such as age verification and bans on credit betting.
  • These websites increase money laundering and terrorism financing risks.
  • The offshore nature of these illegal websites means jobs and tax revenue go overseas, rather than benefiting the communities of those spending money through them.
  • Offshore, illegal gambling websites also lack consumer protections that are in place to safeguard patrons of regulated gambling operators, such as clubs and casinos.

 

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About Clubs Australia

Clubs Australia represents the interests of more than 6,500 licensed clubs across Australia and New Zealand.

Registered clubs are not-for-profit, member-based organizations that make a social and economic contribution of almost $10 billion across Australia each year.

Clubs mobilize more than 250,000 community volunteers, employ more than 96,000 Australians and pay $2.4 billion in tax annually.

Clubs also provide and maintain more than $20 billion worth of community assets.

About AGA

The American Gaming Association is the premier national trade group representing the $240 billion U.S. casino industry, which supports 1.7 million jobs in 40 states.

AGA members include commercial and tribal casino operators, suppliers and other entities affiliated with the gaming industry.

It is the mission of the AGA to be the single most effective champion of the industry, relentlessly protecting against harmful and often misinformed public policies, and paving a path for growth, innovation and reinvestment.

SOURCE: The American Gaming Association.

 

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Inspired to Supply SNAI with Full Suite of Its New Mike Tyson Gaming Products

LONDON, UK (November 6, 2015) -- Inspired, the leading provider of Virtual Sports, Mobile Games and SBG Video Lottery, today announce it will be supplying SNAI with access to its first collection of Mike Tyson gaming products for the Italian gaming market.

Inspired unveiled its long-term brand partnership with Mike Tyson at G2E Vegas, which will include a suite of gaming products featuring 'Iron Mike' for sportsbetting, casino, slots, and social gaming. Inspired will be providing SNAI with first-mover access to its initial Tyson package for the Italian market, which includes its new Virtual Rush Boxing game for retail and online, featuring the boxing legend, as well omnichannel slots and table gaming content. The launches will be supported by exclusive Tyson marketing materials.

SNAI is the leading Italian betting operator. Inspired already provides SNAI with a range of its industry leading Virtual Sports content. Inspired recently announced an extension to its Virtual Sports contract with SNAI, which has strengthened its position in the Italian market with SNAI's impending rollout of additional betting shops, concurrent channel expansion and mobile deployment.

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Vitaliano Casalone, Presidente of Inspired Italia, comments: "inspired is already renowned as having the best Virtual Sports content in the market, which keeps players coming back for more. Our new range of Tyson gaming products was met with a fanfare reception at G2E and we have been inundated with interest from operators across the globe. We are confident that these knockout products will go down a storm with Italian players."

Inspired supplies over 90% of the land-based, online and mobile virtual sports market in Italy. From a standing start, Inspired's software has supported the development of a €1billion p.a. market in Italy in just one year. Its Virtual Sports are now available to Italian players in over 7,000 betting venues, and on all of the main web and mobile sites.

For more information about this press release, please contact: marketing@ingg.com / Tel: +44 (0)20 7438 5800

About Inspired (www.inspiredgaminggroup.co)

Inspired is a global content and technology company, headquartered in London, creating the future of gaming and lottery entertainment. It offers unique Virtuals, Casino, Slots and Video Lottery games and technology in 35 countries around the world.

Having pioneered the invention of networked gaming in the UK over a decade ago, Inspired is at the forefront of the global digital gaming evolution with over 35,000 gaming terminals connected to its leading technology. Via this trusted network, Inspired provides fresh gaming and lottery content to operator-controlled devices in shop, online and on mobile.

Its Virtual Sports are the most original and trusted Virtuals in the world. Created by a BAFTA award-winning team of graphic designers and sports betting experts, Inspired is always pushing the boundaries to create ever more compelling virtual entertainment experiences.

Inspired's customer base includes regulated operators of lotteries, casinos, licensed betting offices, gaming halls, bingo halls and regulated online sportsbooks and casinos.

Key customers include major regulated gaming companies such as Sisal, Lottomatica, SNAI, William Hill, Gala Coral Group, Betfred, Ladbrokes, Genting, Paddy Power, Codere, Sky Vegas, PartyGaming, Fortuna, bet365 and Caliente.

SOURCE: Inspired.

 

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Casino Industry to Tackle Massive Illegal Sports Gambling Market

An article by: Geoff Freeman, president and CEO of American Gaming Association.

WASHINGTON, D.C. (November 12, 2015) -- After several months of careful review, the American Gaming Association's (AGA) Board of Directors today issued a set of recommendations that mark a major shift in our industry’s approach to sports betting in the U.S., which is currently illegal in all but four states.

 AGA will build a broad coalition that will determine whether a rational alternative to current sports betting law exists. Such an alternative could include:

  • Strict regulation;
  • Rigorous consumer protections; and
  • Robust tools to help law enforcement eliminate illegal sports betting and strengthen the integrity of games.

 

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On the topic of daily fantasy sports, the AGA Board of Directors also made clear that the industry seeks legal clarity and adequate consumer protections. The gaming industry wishes to see this product succeed and to partner where appropriate. State-by-state legal clarity and consumer protections are necessary prerequisites for daily fantasy's success and future collaborations between our industries.

 As we move forward, the AGA will work with law enforcement, sports leagues and other interested parties to consider effective approaches that protect consumers and the integrity of sports.

Consensus Position Significant for Industry

The coalescing of diverse viewpoints within our industry marks a significant milestone that will help move this issue forward in a way that benefits consumers, the integrity of sports, Nevada and casino gaming across the country.

The recommendations reflect broad industry consensus and were developed by leadership from the industry’s casino operators, suppliers and sports book operators in Nevada and across 40 states through a Sports Betting Task Force, which unanimously agrees that current law is not achieving its intended result.

About the industry’s approach to sports betting, Jim Murren, AGA chairman and MGM Resorts International chairman and CEO, said:

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"The culmination of a thorough process within our industry positions us to work with a wide variety of stakeholders who agree that rampant, unregulated and illegal sports betting is a threat to consumers and the sports we enjoy."

"As the head of the largest private sector employer in Nevada, I’m confident that the entertainment experience we provide in Las Vegas – which is unmatched anywhere else in the world – can continue to excel even as our country takes a fresh look at our approach to sports betting.

Majority of Sports Betting is Done Illegally

While Delaware, Oregon and Montana permit some form of legal sports betting, the vast majority of traditional sports wagering occurs in Nevada. But legal sports betting pales in comparison to the amount wagered illegally on sports — nearly $140 billion this year alone, according to an AGA estimate. Far from a victimless crime, illegal sports betting funds criminal activities, takes advantage of consumers and fails to protect the integrity of America’s favourite pastimes.

What’s next in 2016 

The 2016 effort will include robust research, aggressive communications and partnerships with a variety of voices with interest in sports betting, including gaming leaders, law enforcement officials, regulators, legislators and professional sports leagues.

As always, I appreciate your engagement and feedback on these evolving issues. I look forward to our work together as we continue to unite the industry on common causes.

 

Sincerely,

Geoff Freeman

President and CEO

 

SOURCE: American Gaming Association.

 

 

Macao Gaming Show Set to Reach New Heights as Global Industry Heads for Asia's Fastest Growing Expo

MACAU, SAR (November 11, 2015) -- Visitors from every continent of the world are expected in Macau next week to attend the rapidly expanding Macao Gaming Show and its pioneering Macao Tourism and Culture Summit at the Venetian (17-19 November 2015). The third edition of the event, which is owned by the leading 100 entertainment and gaming companies in Asia, is likely to open with a record number of exhibitors, circa 150, and draw an audience in the region of last year's high of 12,000. The organisers, influential trade association MGEMA, will mark the occasion with a prestigious Opening Ceremony featuring officials from the Macau SAR Government, representatives from the official sponsoring agency Macao Foundation and leading figures from the Macau and Asian industry.

Supported by four Macau SAR Government departments - Gaming Inspection and Coordination Bureau (DICJ), Macao Trade and Investment Promotion Institute (IPIM), Macao Foundation, Macau Government Tourist Office (MGTO) - and backed by the major gaming and entertainment groups in the region - MGS 2015 is hoping to record its best level of attendance, largest number of visitors, widest range of countries attracted and the biggest platform of speakers at its associated tourism and culture summit.

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Previewing the credentials of the 3rd Macao Gaming Show, Jay Chun, Chairman of MGEMA, the driving force behind the exhibition, said: “This year's Macao Gaming Show will provide a key turning point for the exhibition and its aspirations. The show serves as the 'Gateway to Asia' and next week will reflect this direction through the delivery of all the key components that keep the entertainment and gaming industry moving forward globally - and all on one show floor.

"The exhibition will have Asia's biggest and most innovative gaming companies, alongside a wide variety of entertainment and service businesses, that together will steer the Macau and Asian economies towards a more diverse structure. MGS intends to deliver everything that an entertainment and tourist hub requires - the best technology in gaming, the best hospitality offerings, the widest and finest food and beverage options, and the most inventive and creative businesses from the region. The 3rd MGS will continue this vision, and we intend to continue building on it over the next 5 to 10 years."

 He continued: “We believe that MGS has the key credentials: it is the only show that is truly representative of the Asian entertainment and gaming industry, and more importantly speaks to the market with the support of not just the business community but also the government and trade bodies that shape the marketplace. Our assembly of event organisers, supporting organizations and co-organizers are all drawn from our own business community - MGS is truly an exhibition 'By Asia, for the world'. We have, probably, the most influential organizations working with us, and their support demonstrates the faith they have in Macao Gaming Show's ability to represent the Asia entertainment and gaming industry with both integrity and authority."

 For more information and to register for the 2015 Macao Gaming Show and the associated Macao Tourism and Cultural Summit with Gaming Topics, visit www.macaogamingshow.com

CONTACT: Ken Scott, Director, GB Media Corporation Ltd, Tel: +44 (0) 1273 699 900, Email: ks@sjc.co.uk.

Macao Gaming Show | OVERVIEW

Macao Gaming Show (MGS) is organised by the Macau Gaming Equipment Manufacturers Association (MGEMA), co-organised by the General Association of Administrators and Promoters for Macau Gaming Industry, Associação de Mediadores de Jogos e Entretenimento de Macau, Macau Jockey Club, MACAUSLOT, and Macau Yat Yuen Canidrome. MGS is the first large scale gaming and entertainment exhibition organised and run by Macao organisations. MGS will have a floor area of over 10,000 m2. Exhibitors and buyers eyeing the Asian market will be coming from all corners of the world. The event will cover six gaming industry segments: Gaming Equipment and Accessories, Gaming Promoters (Junkets) and VIP Clubs, Casino Fixtures and Fittings, Promotional Services and Memorabilia, Food and Beverage, Entertainment.

DECLARATION: Lottery Insider is a media partner for the Macao Gaming Show.

SOURCE: Macao Gaming Show (MGS).

 




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