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





Vol. 76 No.5 - Monday August 1, 2016


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International Game Technology PLC Reports Second Quarter 2016 Results

  • Net income of $73 million; adjusted Net income of $87 million
  • Adjusted EBITDA rose 4% to $443 million on strong service revenues in Italy and North America
  • Continued expansion in Lottery, resilience in Gaming
  • Stable net debt despite initial Italian Lotto concession payment

 

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LONDON, U.K. (July 28, 2016) -- International Game Technology PLC ("IGT") (NYSE: IGT) today reported financial results for the second quarter and six months ended June 30, 2016. Today, at 8:00 a.m. EDT / 1:00 p.m. BST / 2:00 p.m. CEST, management will host a conference call and webcast to present the second quarter results; access details are provided below.

"Robust growth in our global lottery operations, notably in Italy and North America, and the resilience of our global gaming business are the key takeaways from our second quarter results," said Marco Sala, CEO of IGT. "Service revenues, which account for the bulk of our business and are mostly supported by long-term contracts, rose a solid 6% at constant currency in the period. We are making good progress implementing our strategy of developing innovative content and technology that we can leverage across gaming platforms and around the world. We look forward to showcasing the full scope of our new gaming and lottery offerings at high-profile trade shows later this fall."

"This is our third consecutive quarter of year-over-year adjusted EBITDA growth," said Alberto Fornaro, CFO of IGT. "A solid increase in service revenue, additional synergy savings and disciplined operational management all supported significant operating cash flow generation during the quarter. As a result, we maintained a stable net debt and leverage profile in the period when we paid the largest installment of the upfront Italian Lotto concession payment."

Summary of Consolidated Second Quarter 2016 Financial Results:

 

Quarter Ended June 30,

Change

Constant
Currency
Change

2016

2015

(%)

(%)

(In $ millions, unless otherwise noted)

Revenue

1,285

1,274

1%

1%

Operating Income

171

116

48%

48%

Net income (loss) per diluted share

0.36

(0.59)

NM

Net debt

7,830

8,384

-7%

Adjusted EBITDA

443

427

4%

4%

Adjusted Operating Income

290

283

2%

2%

Adjusted net income per diluted share

0.43

0.38

13%

 

Note: Adjusted EBITDA, adjusted operating income, 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. Adjusted figures exclude the impact of items such as purchase accounting, impairment charges, restructuring expense, foreign exchange, and certain one-time, primarily transaction-related items. Reconciliations to the most directly comparable U.S. GAAP measures are included in the tables in this news release. Constant currency changes for 2016 are calculated using the same foreign exchange rates as the corresponding 2015 period.

Overview of Consolidated Second Quarter Results

Consolidated revenue grew 1% to $1,285 million from $1,274 million in the second quarter of 2015. Revenue growth primarily reflects strong lottery performance, particularly in Italy and North America. Global lottery same-store revenue, excluding Italy, increased 6% during the second quarter while Italy lottery wagers increased 8%. Gaming service revenue grew 5% during the second quarter, primarily on increased software contribution that was partially offset by a lower global installed base. Product sales declined on a challenging comparison with the prior year given significant lottery product sales in South Africa and large Canada video lottery terminal ("VLT") sales in 2015. The Company shipped 8,152 gaming machines worldwide during the second quarter.

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Operating income grew 48% to $171 million from $116 million in the second quarter of 2015 driven by revenue growth, synergy savings and lower transaction-related expenses. Adjusted operating income grew 2% to $290 million from $283 million in the second quarter of 2015 as revenue growth and synergies were partially offset by higher operating expenses.

Adjusted EBITDA of $443 million was 4% higher than the second quarter of 2015 driven by the growth in service revenue.

Interest expense was $118 million compared to $122 million in the prior-year period.

Net income attributable to IGT was $73 million in the second quarter of 2016. On an adjusted basis, net income attributable to IGT rose 14% to $87 million. The Company reported net income per diluted share of $0.36 and earned $0.43 per diluted share on an adjusted basis.

Cash from operations was $524 million in the first half of the year and capital expenditures were $220 million. In addition, the Company made the first of three upfront installment payments for the new Lotto concession in Italy during the second quarter.

Cash and cash equivalents were $390 million as of June 30, 2016, compared to $627 million as of December 31, 2015. Consolidated shareholders' equity totaled $3,409 million and net debt was $7,830 million as of June 30, 2016.

Operating Segment Review

North America Gaming & Interactive  

North America Gaming & Interactive revenue was $350 million compared to $353 million in the second quarter of 2015.

Service revenue was $246 million, a 4% increase over $237 million in the prior-year period as higher software revenue offset a decline in the installed base. DoubleDown revenue was down modestly from the prior year.

Product sales were $104 million compared to $116 million in the second quarter of 2015, primarily due to lower machine unit volume that was partially offset by higher systems sales. The segment shipped 5,163 units compared to 6,218 units in the second quarter of 2015, which included large Canada VLT sales.

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Operating income for North America Gaming & Interactive was $87 million compared to $96 million in the second quarter of 2015. The decline was largely attributed to lower revenue from terminal sales and incremental investments to support the Company's Gaming turnaround efforts.

North America Lottery

North America Lottery revenue was $286 million in the second quarter of 2016, 6% higher than the $270 million reported in the second quarter of 2015.

Service revenue of $267 million was 6% higher than the prior-year period, reflecting 7.3% same-store revenue growth. The same-store revenue growth was broad-based and supported by continued strength in Jackpot games and Instant tickets. Product sales were $19 million in the second quarter of 2016, compared to $17 million in the prior-year period.

Operating income for North America Lottery rose 31% to $62 million reflecting the strong operating leverage profile of the business and favorable product mix.

International

International revenue was $207 million compared to $247 million in the second quarter of 2015. At constant currency, International revenue declined 12% from the prior year, which included large lottery product sales in South Africa.

International lottery service revenue of $70 million was 10% higher than the prior-year period at constant currency. Same-store revenue growth of 2.2% was supported by strength in Latin America and Eastern Europe, partially offset by weakness in the United Kingdom. Lottery service revenue also benefitted from a higher effective rate in the period. Lottery product sales were below the prior-year period, which included large terminal and systems sales in South Africa.

International gaming service revenue was $46 million compared to $50 million in the second quarter of 2015. At constant currency, International gaming service revenue was flat, with EMEA performance offsetting a lower Latin America installed base. Revenue from gaming product sales declined from the prior-year period. The segment shipped a total of 2,989 gaming machines during the second quarter of 2016 compared to 3,929 units in the prior-year period, which benefitted from higher sales of new and expansion units.

International operating income was $28 million compared to $47 million in the second quarter of 2015. Operating income declined on lower product sales and adverse foreign exchange impact.

Italy

Italy revenue was $443 million, 6% higher than the second quarter of 2015.  

Total Lotto wagers in the quarter were €2,056 million, a 19% increase over the prior-year period, when wagers had already posted 11% growth. Strong Lotto performance was achieved with double-digit expansion for 10eLotto and a significant contribution from late numbers. Excluding late numbers, Lotto wagers increased 7% over the same period last year. Instant-ticket wagers were flat at €2,200 million.

Machine gaming service revenue increased 6% on higher wagers per machine and lower return to player. The strength in revenues was partially offset by lower installed units and higher Stability Law taxes.

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Operating income for the Italy segment was $161 million, 14% higher than the second quarter of 2015. The increase in operating income was mainly attributable to strong lottery and gaming performance, a shift in timing of certain marketing expenses, and a multi-year value-added tax ("VAT") credit. These benefits were partially offset by higher Stability Law taxes.

Other Developments

The Company entered into an amendment agreement with respect to its $1.8 billion and €1.05 billion multicurrency revolving credit facilities pursuant to which the maturity date was extended from November 2019 to July 2021, and the maximum leverage ratio was increased by 0.25x through the third quarter of 2019. The amendment reflects advantageous market conditions that provide the Company with substantial financial flexibility for the next several years.

Outlook

The Company continues to expect adjusted EBITDA of $1,740-$1,790 million for the full year 2016 period. Capital expenditures excluding upfront Lotto concession payments are now expected to be $550-$580 million, which includes Lotto-related infrastructure upgrades. This compares to previous guidance of $575-$625 million in capital expenditures, which did not include an estimated $35 million in Lotto-related infrastructure investments. The 2016 portion of the Lotto-related, upfront concession payments is €600 million. Net debt is still expected to be $7,700-$7,900 million at the end of 2016.

Adjusted EBITDA is a non-GAAP measure. Management uses non-GAAP financial measures to understand and compare operating results across accounting periods, for internal budgeting and forecasting purposes, and to evaluate the Company's financial performance. Management believes these Non-GAAP financial measures reflect the Company's ongoing business in a manner that allows for meaningful period-to-period comparisons and analysis of business trends.

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 over 12,000 employees. For more information, please visit www.IGT.com.

CONTACT: Robert K. Vincent, Corporate Communications, toll free in U.S./Canada +1 (844) IGT-7452; outside U.S./Canada +1 (401) 392-7452, James Hurley, Investor Relations, +1 (401) 392-7190 or Simone Cantagallo, +39 06 51899030; for Italian media inquiries.

SOURCE: International Game Technology PLC.

 

 

New Mexico Lottery Announce New Test Program “Play at the Pump”

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ALBUQUERQUE, New Mexico (July 25, 2016) -- The New Mexico Lottery is very excited to announce that testing of a new pilot program has begun, which allows players who purchase gas with a debit card to make lottery purchases. A limited number of retailers are participating in the pilot program: 13 retailers with approximately 100 fuel pumps. Latitudes at 2401 NM Highway 528 in Rio Rancho and Murphy Express at 2730 Sunshine West Plaza Dr. in SW Albuquerque were the first fuel stations to offer Play at the Pump today.

The remaining Murphy Express locations are expected to begin later this week. The pilot program uses software developed by technology company Linq3 to provide lottery players the opportunity to purchase Powerball® and Mega Millions® tickets at the pump when fuelling up.

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David Barden, NMLA CEO, said “The world is changing and lottery players have told us they want more convenient ways to buy our jackpot games. We want to see if there is a benefit to players through accessibility and how they will respond to this new opportunity.”

Lottery purchases are subject to limitations, including age verification. Other responsible play limitations include a weekly purchase limit of $75 and a daily spending limit of $20 per debit card. Additionally, the player must purchase fuel and can use only a debit card.

Wendy Ahlm, Director of Advertising and Marketing, stated “This is a tremendous benefit for both players and retailers, and this pilot program will help us determine the long-term feasibility of these types of sales initiatives in the future.

Barden stated, “The bottom line is maximizing revenues for the lottery scholarship fund by increasing retailer sales so we can provide more dollars for scholarships.”

In fact, in-store lottery sales have increased by over 4% in other states that have launched the program – in part due to jackpot advertising players see at the pump.

Currently there are four other states selling lottery at the pump: California, North Carolina, Missouri and Pennsylvania.

Legislative Lottery Scholarships

The Lottery celebrated its 20-year anniversary on April 27. Since 1996, the New Mexico Lottery has raised $697 million for education and more than 100,000 students have attended college on Legislative Lottery Scholarships. 

More information about Legislative Lottery Scholarships is available at: www.nmlottery.com.

CONTACT: Wendy Ahlm, T: (505) 342-7638 or (800) 642-6689, ext. 7638, E: wahlm@nmlottery.com.

SOURCE: The New Mexico Lottery.

 

 

Scientific Games Achieves Strategic Milestone with Online Expansion into Romania

SG Interactive™ Content Live Online, First of Licensed Content Providers

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LAS VEGAS and CHICAGO – July 25, 2016 –Scientific Games Corporation (“Scientific Games” or the “Company”), announced today that the Company is one of the first licensed online content providers in Romania, effective July 1, 2016. Exciting gaming content from SG Interactive, a division of Scientific Games, is already online in Romania with key players such as 888 Casino, Netbet, BWIN, Unibet, Betfair and Circus. Players in this market can now experience popular titles such as Raging Rhino®, Zeus® III, and Spartacus Gladiator of Rome™.

This expansion is a part of the organization’s strategy to obtain rapid approval in all newly regulated jurisdictions and reflects the quality and strength of SG Interactive in market development, compliance, legal and finance.

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The SG Interactive portfolio of Las Vegas-style, proprietary and popular licensed games is available in 10 jurisdictions across the globe.

The Company will leverage its new market expertise when it enters Italy and Portugal later this year.

Bob Hays, Vice President Commercial, Interactive at Scientific Games, said, “Bringing our products to a new jurisdiction is always exciting. With such a strong audience in Europe, we knew a rapid expansion into Romania focused on providing one of the deepest and broadest portfolios of content to operators and players alike would be beneficial for everyone.

"The players there are passionate about our content, and with many of our existing customers already licensed to operate in Romania, we’ll be able to hit the ground running with our proven portfolio. We anticipate this being the first of many efficient expansions into newly regulated locations.”

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:: www.scientificgames.com

SOURCE: Scientific Games Corporation.

 

Kambi

 

Kambi Group Plc Signs a Contract with R. Franco as Its Global Omni-Channel Sportsbook Partner

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MALTA (July 26, 2016) -- Kambi Group plc will be the Sportsbook supplier for the Spanish international gaming group R. Franco, for its omni-channel solution.

The deal will see Kambi's Sportsbook servicing R. Franco's operations and will drive expansion through its retail offering across all of Spain. Kambi will also support R. Franco's expansion plans in Latin America.

Commenting on the deal, Kristian Nylén, CEO Kambi Group plc, said:

'We are delighted to be partnering with R. Franco. The Group is one of the founding fathers of the Spanish retail segment and one of the most trusted and established brands in the sector. With over 40% of the Spanish AWP (Amusement With Prizes) market in 2016 and its recent investment in its digital and omni-channel proposition, we are very excited by the distribution capability and proud to be partnering with a brand that matches our ambition levels in the online and retail sector across Spain and Latin America. R. Franco will be a great addition to our current portfolio of operators."

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Pedro Melendo, CEO, R. Franco commented:

"This partnership with Kambi completes our content offer on our new omni-channel gaming solution. Now we can say that we have a full B2B2C solution with all technology necessary for an omni-channel gaming operation, a team with expertise for offering best service, a good brand and especially with the best content thanks to this partnership with Kambi , the best Sportsbook engine and soon with our own games".

About Recreativos Franco

The R. Franco Group, founded in 1965, is a privately owned multi-national company which provides technological solutions and products for every sub-sector in the gaming industry: arcades, bingo halls, casinos and online gaming.

The company has a major presence in Spain servicing the majority of the 6,800 slot operators in the country where it holds a 40%+ market share in AWP units, as well as the Casino and Bingo industry. Recently, the Company successfully launched into the Spanish online gaming market with the brand Wanabet.es.

About Kambi

Kambi Group plc is a B2B supplier of managed sports betting services on a proprietary software platform, providing premium turnkey sports betting services to gaming operators. Kambi's product encompasses a broad offering from front end through to odds compiling and risk management. The company's current coverage includes more than 165,000 live betting events and 300,000 pre-match events per year covering 65 different sports from all over the world. Kambi utilises a best of breed security approach, with guiding principles from ISO 27001. Kambi is eCOGRA certified. Kambi Group plc is listed on First North at Nasdaq Stockholm under the symbol "KAMBI". Kambi's Certified Advisor is Redeye AB.

Kambi utilises a best of breed security approach, with guiding principles from ISO 27001. Kambi is eCOGRA certified. Kambi Group plc is listed on First North at Nasdaq Stockholm under the symbol "KAMBI". The Company's Certified Advisor is Redeye AB.

Disclaimer:The information in this report/press release is such that Kambi Group plc is required to disclose under the Swedish Securities Market Act.

For more information CONTACT: Kambi Group plc, Kristian Nylen, CEO, T: +44 7764 161 055 or R. Franco Group, PR & Communication Dept., T:+34 914 409 200.

SOURCE: Kambi (www.kambi.com).

 

 

Governor Rauner and Illinois Lottery Seek New Management Partner

Signals transformation to ensure Lottery grows responsibly while providing better value for taxpayers

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CHICAGO, Illinois (July 28, 2016)  — Governor Bruce Rauner and the Illinois Lottery today announced the release of a Request for Proposal (RFP) for a new private management partner. The new private management partner will share the Lottery’s goals of increasing profits to the state, responsibly broadening its player base, introducing new technology and innovation, and ensuring responsiveness to public needs and concerns.

“Today, the State of Illinois is transforming the Lottery by seeking a new private management contract. Under this proposal, we are eliminating historical conflicts of interest, incentivizing innovation and growth, and creating opportunities for new businesses to thrive in this industry,” said Governor Bruce Rauner. “Our goal is to continue to provide the beloved games of the lottery while also driving value for taxpayers.”

In 2010, the previous administration poorly negotiated a contract which resulted in the private manager consistently underperforming while being allowed to circumvent FOIA laws and withhold information from the Lottery and the public. The previous administration did attempt to terminate the contract in a deal that would have cost taxpayers tens of millions of dollars had it been allowed to go through. The Rauner administration fought the implementation of that prior termination agreement and re-negotiated its terms to improve taxpayer protections and save $22 million in immediate savings and $28 million overall for taxpayers.

Due to statutory requirements, the new contract must be done within the narrow restrictions of the process that was set up by the General Assembly in 2009. The process requires the state to use the same private management structure that was used in the prior terminated contract. Governor Rauner and the Illinois Lottery are determined to make any future contract taxpayer-friendly, transparent and sustainable. With this proposal, unlike the last contract, conflicts of interest will be eliminated, risk of shortfalls to the Common Schools Fund will be removed and the bidding process will be open to all interested parties including smaller businesses and non-traditional lottery companies.

Under the new process, the private manager will be held more accountable in several ways.  First, the private manager will be heavily evaluated on its ability to grow the Lottery through innovation.  There will be an emphasis placed on finding a partner that can develop new products and reach new customers. Furthermore, the financial incentives are achievable only if a new manager can truly increase the net income of the lottery to fund education and infrastructure projects in Illinois.

“This RFP is a growth opportunity for Lottery retailers, and will allow a new manager to offer fresh and exciting game experiences for our players. However, our main beneficiary will continue to be K-12 education,” added Illinois Lottery Acting Director Tim McDevitt. 

The following goals are the guiding factors in picking a new private manager:

  • Eliminate Conflicts of Interest
  • Eliminate Profiteering Off of Taxpayers
  • Incentivize Lottery to Innovate & Grow Online Sales
  • Eliminate Risk of Financial Shortfalls to Common School Fund
  • Ensure Greater Transparency and Openness
  • Prevent Taxpayers from Being Hit by Large Termination Fees
  • Create Fair Bidding Process for All Interested Bidders
  • Expand and Grow Lottery Revenues and Customer Base

 

Along with the RFP, the Lottery announced the release of confidential information into its data room, an online portal for information related to Lottery finances, operations, and contracts necessary to assist potential RFP respondents with their bids. The Private Management solicitation and data room entrance documents are available for review on the Illinois Procurement Bulletin, www.purchase.state.il.us.

CONTACTS:

 

Governor’s Office:

Catherine Kelly

Catherine.Kelly@illinois.gov

Lottery:

Jason Schaumburg

Jason.Schaumburg@Illinois.gov

 

SOURCE: Office of the Governor Bruce Rauner.

 

 

The First 10X Multiplier in Pick-6 XTRA Game History

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TRENTON, N.J. (July 28, 2016) – For the first time in Pick-6 XTRA history, the New Jersey Lottery is pleased to offer players the opportunity to multiply non-jackpot prizes up to 10 times during the 10X Multiplier Promotion. By adding XTRA to any Pick-6 play during the special 10X Multiplier promotional period, August 1 through August 29, players have a chance to win ten times the standard prize amount when a 10X Multiplier ball is added to each of the nine scheduled XTRA drawings.

The 10X Multiplier is an exciting new promotion for this long-standing game, offering Lottery players a chance to win larger Pick-6 prizes by adding XTRA,” said Carole Hedinger, Executive Director, New Jersey Lottery. “This is another example of how the Lottery is innovating customer-centric opportunities in its Draw and Instant Game offerings.”

XTRA was added to the Pick-6 game in January 2015 offering players an additional opportunity to win larger prizes with better overall odds. For $1, players can select their own numbers or ask for a Quick Pick.

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Players can add XTRA for $1 more per play, per draw. Pick-6 XTRA drawings are held every Monday and Thursday at approximately 7:58 p.m.

How XTRA works:

  • Players can add XTRA for $1 more per play, per draw.
  • XTRA multiplies non-jackpot prizes by the number drawn ranging from 2 to 5 and now up to 10 during the promotional period.
  • Adding XTRA gives players a chance to win a $2 prize by matching just two numbers.
  • XTRA improves overall odds to 1 in 7.
  • The XTRA multiplier ball is drawn immediately following each scheduled Pick-6 drawing.

 

For more information about the promotion rules visit www.NJLottery.com/Pick6. View all New Jersey Lottery winning game numbers and drawings for the Pick-3, Pick-4, Jersey Cash 5, Pick-6 XTRA, CASH4LIFE, and 5 Card Cash games on the Lottery website (www.NJLottery.com), or on the official Lottery Facebook Page. Midday and evening drawings, with the exception of CASH4LIFE and 5 Card Cash can be seen on WPIX-TV (PIX11) in New York and WPHL-TV (PHL17) in Philadelphia.

About the New Jersey Lottery

Since its inception in 1970, the New Jersey Lottery (NJLottery.com) has contributed nearly $24 billion to the State in support of education and institutions. Among its beneficiaries are: veterans homes, colleges and universities, school nutrition programs, homes for the developmentally disabled, psychiatric hospitals, higher education scholarship programs and the Marie Katzenbach School for the Deaf.

CONTACT: Judith L. Drucker, Chief Communications Officer, T: Phone: (609) 599-5875, E: Judith.Drucker@lottery.nj.gov.

SOURCE: New Jersey Lottery.

 

 

Szrek2Solutions’ Trusted Draw™ and Trusted Audit™ Systems Deployed by the Iowa Lottery

RHODE ISLAND, USA (July 2016) - Szrek2Solutuons delivered its most advanced electronic draw solution - Trusted Draw™ and Trusted Audit™ Systems - to the Iowa Lottery Authority. The Iowa Lottery is now running its electronic draws on state-of-the-art equipment with fraud detection and independent audit.

Iowa Lottery CEO Terry Rich said that his organization started using the Szrek2Solutions RNG last month and plans to use it for many more draws in the future, including promotional draws and backup draws for all games. “The new equipment’s capabilities help us validate our drawing results and ensure the security and integrity of our lottery’s procedures,” Rich said.

The Trusted Draw™ System is being used by the Lottery to select winners in its Play It Again® promotional drawings.

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Second-chance ticket and player information is entered into a file that is then used by Trusted Draw™ System to generate final draw outcomes, eliminating human interaction and streamlining the process. The integrity of the draw process is then verified by the independent Trusted Audit™ System, which would detect any integrity issues.

Szrek2Solutions provided the Lottery with a secure and reliable platform for random numbers generation (RNG) for drawings in lottery and raffle games, utilizing its unique patented RNG method with fraud detection. Based on the asymmetric properties of digital signatures, where a private key is used as a random number seed and derivative random numbers are verified using the public key, the method gives lotteries full transparency for the draw process. All generated numbers are random, unbiased, and cannot be predicted. For digital signing, Trusted Draw™ uses a tamper evident NIST certified HSM (Hardware Security Module), which ensures ultimate RNG security with the confirmation of every draw, its time, the generated numbers, and the hardware used for the draw.

The Szrek2Solutions’ RNG has been certified by several independent U.S. and international labs and has been used successfully since 2005 by numerous lottery operators and state licensed lotteries in the world, including Danske Spil in Denmark, Lottomatica and Sisal in Italy, Texas Lottery, Oregon Lottery and IGT in the United States and in Europe.

In addition to Trusted Draw™ and Trusted Audit™, Szrek2Solution’s Product Suite includes also Trusted Play™, a high performance RNG server for generating outcomes for e-instant games and multiplayer games, Trusted Transactions™ for securing lottery transactions, and Trusted Ticket™ for authenticating lottery tickets.

Szrek2Solutions LLC is a private, international product and service supplier based in Rhode Island, USA, dedicated to providing secure solutions for the gaming industry. For more information, please visit: www.szrek.com

CONTACT: Irena Szrek, E: irena@szrek.com, T: +1.401.398.0395.

SOURCE: Szrek2Solutions, LLC.

 

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Florida Lottery Players Will Soon Have Two New Draw Games to ‘Pick’ From

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TALLAHASSEE, Florida (July 25, 2016) -- The Florida Lottery is introducing two new daily Draw games! PICK 2™ and PICK 5™ will be available beginning Monday, August 1; the current CASH 3™ and PLAY 4™ Draw games are also being renamed to PICK 3™ and PICK 4™ to complete the new line of daily PICK games.

Each PICK game costs 50 cents or $1 to play; and with top prizes ranging from $50 to $50,000, there’s something for every level of player to enjoy! PICK 2 players can select two numbers, from 0 through 9, to win a top prize of up to $50 for a Straight play, up to $25 for a Box play, or up to $37.50 for a Straight/Box play.

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PICK 5 players can select five numbers, from 0 through 9, to win a top prize of up to $50,000 for a Straight play, up to $10,000 for a Box play, or up to $30,000 for a Straight/Box play.

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

CASH 3, originally introduced in 1988, and PLAY 4, originally introduced in 1991, continue to be two of the most popular Draw games offered by the Florida Lottery.

CASH 3 and PLAY 4’s annual sales have continued to grow steadily. To date, both games have generated a combined $14.1 billion in sales and $5.4 billion in transfers to education.

ABOUT THE FLORIDA LOTTERY

The Florida Lottery is responsible for contributing more than $30 billion to education and sending more than 725,000 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 $52.4 billion in prizes and made more than 1,900 people millionaires. For more information, please visit: www.flalottery.com.

CONTACT: Florida Lottery Communications, T: (850) 487-7727, Web: www.flalottery.com.

SOURCE: Florida Lottery.

 

 

Svenska Spel Continued Strong Market Position Despite Tough Competition in 1H

Interim Report January - June 2016

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VISBY, Sweden (July 21, 2016) --We increased net gaming revenue overall for the first half compared with the previous year. However, we see a drop in growth, particularly during May which affected the second quarter negatively, from June we once again see growth, says Svenska Spel CEO Lennart Käll.

Channel Online, which accounts for most of our growth, increased 9 percent in the second quarter, including sales via mobile phones increased by 53 percent. In June, we launched a game app for the football championship and has already been downloaded by over 170,000 people. We will continue to strengthen customer relations further and increase the pace of innovation by delivering new experiences, new products and services where the games are to the delight of all, concludes Lennart Käll.

Net gaming revenues for the second quarter amounted to 2 111 million, a decrease of 52 million (2.4%) compared with the previous year. Net gaming revenues for the first half amounted to 4392 million, which was 43 million or 1% higher than the previous year. Consolidated profit after financial items and tax for the second quarter of 2016 was 1.096 billion, a decrease of 39 million (3.5%).

April-June in brief

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  • Net gaming revenue for the Group amounted to SEK 2 111 M (2 164), a decrease of 2.4%.
  • Operating income for the Group amounted to 1 082 MSEK (1 137), a decrease of 4.8%.
  • Quarterly profit for the Group amounted to 1 096 MSEK (1 135), a decrease of 3.5%.
  • Operating margin amounted to 21.0% (22.5).
  • Customer Satisfaction Index was 66, and is basically unchanged from the previous quarter.
  • Svenska Spel image value, which indicates the proportion of Swedes who are declared positive for Swedish Games, amounted to 55% which is an increase of three percentage points compared with the previous quarter.
  • Spelkoll index was 82, unchanged from the previous quarter.

 

Events during the quarter

  • A new cooperation agreement was signed with the Swedish Bandy Association. The agreement runs for three years at a value of just over 16 million.
  • A new mobile app with notifieringstjänst has been launched to strengthen the digital customer experience.

 

January-June

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  • Net gaming revenue for the Group amounted to SEK 4,392 million (4,349), an increase of 1.0%.
  • Consolidated operating profit amounted to SEK 2 350 M (2 328), an increase of 0.9%.
  • Net income for the Group amounted to SEK 2,365 million (2,337), an increase of 1.2%.
  • Operating margin amounted to 22.1% (22.6%).
  • A new gaming key Spelkoll index has been launched as part of the company's new power measurement.

 

Interim Report January - June 2016 can be found HERE.

For more information CONTACT: CEO Lennart Käll or CFO Marie Loob, call Elisabeth Lennhede, Press Officer, T: 070-087 47 49.

About Svenska Spel

Svenska Spel is the leading bookmakers, with a broad offering of games of chance, sports betting and casino, with well-known brands such as Triss, Lotto and Football Pools. Based on a mandate from the Swedish government and the company's values, vision is that the game should be a joy for all. This is achieved by offering good and responsible gaming. Swedish Games is also the country's largest sponsor of Swedish sport, both at the elite level as a grassroots level. The Group Casino Cosmopol Sweden's four international casinos. The company has approximately 2100 employees and is headquartered in Visby.

SOURCE: Svenska Spel.

 

 

BC Lottery Corporation Contributes $1.3 Billion to British Columbia

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VANCOUVER, BC, Canada (July 21, 2016) -- BCLC celebrated its 30th anniversary over 2015/16 and we marked the milestone by delivering a record net income of $1.3 billion to government, which helps support communities, health care and education.

BCLC achieved growth in all lines of business - lottery, casino and eGaming - which resulted in a record net income that is $59 million ahead of the last fiscal year.

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BCLC benefitted most notably from a significant number of large national lottery jackpots. BCLC’s diverse portfolio of products, combined with responsiveness to changing consumer demands and evolving market conditions, were pivotal in this success.

With these strong financial results, comes great responsibility. BCLC’s mandate includes a commitment to responsible gambling as outlined in BCLC’s 2015/16 Social Responsibility Report.

Over the past year, BCLC has focused on harm reduction and customized programming for special populations that may experience an increased risk of harm.

Social Responsibility is embedded in every aspect of BCLC and we report annually on our performance.

While gambling continues to be a popular form of entertainment in B.C., people have many choices for how to spend their entertainment dollars.

BCLC aims to stay relevant and create entertaining experiences for players, in a safe and responsible manner.

The Province of B.C. founded BCLC 31 years ago with the purpose of giving back to British Columbia. Today, $0.88 of every dollar played goes back into the Province.

Download a full copy of the Annual Report please click HERE.

SOURCE: BC Lottery Corporation.

 

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Idaho Lottery Returns Record Dividend of $49,500,000 to People of Idaho

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BOISE, Idaho (July 26, 2016) -- During a ceremony at Valley View Elementary School in Boise, the Idaho Lottery commemorated their record-breaking twenty-seventh year of operations by returning its largest-ever dividend to the people of Idaho.  The Idaho Lottery Commission presented Governor C. L. “Butch” Otter with a dividend check for $49,500,000, a 10% increase over last year’s dividend.

Each year, the Idaho Lottery delivers on its commitment to support Idaho public schools and our State’s permanent facilities,” said Governor Otter.  “Fairness and integrity are at the heart of the Lottery’s daily mission and all their operations. This commitment is the driving force behind their ability to provide the people of Idaho with essential dividend revenues year-in and year-out.”

The Idaho Lottery had its most successful year of operations in history; selling more products, awarding more prizes, and today, returning more dividends to the citizens of Idaho than in any previous year,” announced Jeff Anderson, Idaho Lottery Director.  “Our achievements today would not be possible without our statewide retailer network, our vendor partners, and everyone who plays the Lottery. Thank you for your continued support and dedication to our good causes.”

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On behalf of Superintendent of Public Instruction Sherri Ybarra, Chuck Zimmerly, Idaho Department of Education Community Relations Officer accepted a dividend check from Governor Otter for $30,957,500.  Of today’s amount, $18,562,500 is earmarked for the Department of Education for use by the districts in their public schools and the remaining $12,375,000 is for the Department’s Bond Levy Equalization Fund. Since inception, the Idaho Lottery has contributed over $402 million to these accounts in support of Public Education in Idaho.

"With the efforts of the Idaho Lottery, and responsible participation from Idahoans, we are seeing record distributions that will provide additional funding for schools," Superintendent Sherri Ybarra said.  "We look forward to how this disbursement will positively impact schools, and how it will continue to provide support in the future for schools and students to achieve."

The Lottery ceremony was held on the grounds of Valley View Elementary in west Boise to showcase how Lottery dividend dollars are translated into meaningful projects that improve student safety and scholastic achievement.

Given the age of some of our schools and the growing cost of maintenance, the Idaho Lottery funds play a critical part in ensuring the safety of our students, staff, and patrons,” said Dr. Don Coberly, Superintendent of the Boise School District.

Thanks to funds from the Idaho Lottery, nearly 450 students, 55 staff members, hundreds of parents and countless community members now have a school entryway that can safely handle the influx of cars, buses, and students who come to this every school day.”

Also joining the ceremony from the Pocatello School District was Brenda Miner, Wilcox Elementary School Principal. Last year, her school built a wall around their computer lab, resulting in improved testing scores for her students.

Last spring with the help of our district’s Capital Improvement Funds, which are in part money donated from the Idaho Lottery, we were able to “wall off” the computers and make a safe and secure place for testing and other yearlong technology projects,” said Miner.

Our students had the opportunity to take their State ISAT tests in a quiet, private, and secure testing location.  There are always many factors that play into the success of student achievement; I believe our above State average scores in grades 3-5 were influenced by the improved testing environment.”

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Governor Otter also presented Randy Steed, Vice-Chairman for the Permanent Building Fund Advisory Council, with a dividend check for $18,562,500 million.  Since 1989, the Idaho Lottery has returned over $341 million to support Idaho’s permanent buildings.

Since 1989 the balance of our Permanent Building Fund has been strengthened with annual proceeds from the Idaho Lottery,” Steed said.

With the backlog of maintenance needs identified in our state facilities, lottery moneys have helped us address the most critical requirements such as life-safety improvements, and the conservation needed to extend the life of our physical assets.”  

Also, attending the ceremony was Andy Kersten, Dean of the College of Letters, Arts and Social Sciences at the University of Idaho. The Lionel Hampton School of Music Building was constructed in 1950. He says that recent facility improvements to the Lionel Hampton School of Music is about providing great facilities to promote great learning.

The Lionel Hampton School of Music is a nationally accredited program that serves hundreds of students each semester. From our famous Vandal Marching Band to our many choirs and ensembles, students from all areas of the university use the School of Music building,” said Dean Kersten.

The recent renovation of the Haddock Performance Hall, and now the much-needed roof replacement, have allowed us to provide an updated learning space where University of Idaho students can transform and grow. We are grateful to the Idaho Lottery for their support of Idaho education and the Permanent Building Bund.”

The Idaho Lottery ended its Fiscal Year on June 30, recording $236.1 million in annual sales, awarding $153.8 million in prizes to players, and retailers earning $13.8 million in commissions – all new Idaho Lottery records. 

ABOUT THE IDAHO LOTTERY

The Idaho Lottery responsibly provides a variety of entertaining games featuring Powerball, Mega Millions, Scratch GamesTM, and PullTabs with a high degree of integrity to maximize the dividend for Idaho public schools and the permanent building fund. Since their inception in 1989, the Idaho Lottery has sold over $3.1 billion in products, awarded over $1.9 billion in prizes to players, returned $186.5 million in retail commissions, and distributed $744 million in Lottery dividends to Idaho public schools and the Permanent Building Fund. To learn more, please visit: www.idaholottery.com.

CONTACT: David Workman, (208) 334-2600.

SOURCE: The Idaho Lottery.

 

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Pennsylvania Lottery Reports Record Sales, Prizes and Benefits Funding

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MIDDLETOWN, Pennsylvania (July 26, 2016) – The Pennsylvania Lottery set a new sales record of $4.13 billion during the 2015-16 fiscal year, which produced a record of more than $1.12 billion in net revenue to benefit older Pennsylvanians. Winners also claimed a record of more than $2.6 billion in prizes.

Pennsylvania Lottery players, business partners and employees deserve credit for making these new records possible,” said Lottery Executive Director Drew Svitko.

On behalf of the older Pennsylvanians who benefit from each Lottery game sold, thank you.”

Highlights of the Lottery’s overall 2015-16 fiscal year include:

  • Total game sales surpassed the prior fiscal year’s all-time sales record by $315.5 million, or 8.26 percent.
  • Net revenues to the Lottery Fund totaled $1.12 billion; marking the fifth consecutive fiscal year the Lottery generated over $1 billion to fund vital senior benefit programs.
  • The record $2.63 billion in prizes paid was an increase of $228.2 million over the prior year. A total of 86 players won prizes of $1 million or more during the year.
  • More than 9,000 licensed Lottery retailers statewide earned a record $218.30 million in sales commissions, an increase of approximately $15 million from the prior year.
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While it’s widely known that the Pennsylvania Lottery benefits older Pennsylvanians, we want to remind winners that they are still our largest beneficiaries,” Svitko added. “Approximately 64 cents of every Lottery dollar goes back to players in the form of prizes.”

Highlights of sales by game category include:

  • Instant games sales totaled $2.79 billion, reflecting growth of $201 million, or 7.76 percent, from the previous year. Instant games accounted for 67.84 percent of all Lottery sales.
  • Sales for terminal-based or draw games – including the PICK family of games, Treasure Hunt, Cash 5, Match 6, Millionaire Raffle, Cash4Life™, Powerball®, and Mega Millions® – totaled $1.34 billion for the fiscal year, which was $114.4 million, or 9.32 percent, higher than the prior year’s total.
  • Powerball and Power Play® sales of $357.99 million were $118.15 million, or 49.26 percent, higher than the previous year. These sales were strongly buoyed by a world-record $1.6 billion jackpot offered by Powerball in January 2016. Mega Millions and Megaplier® sales totaled $106.37 million, down $18.56 million, or 14.86 percent, from the previous year.

 

Reflecting ongoing efforts to operate efficiently, the Lottery’s administrative costs again accounted for less than 2 percent of total sales in 2015-16. The Pennsylvania Lottery is a bureau within the Pennsylvania Department of Revenue.

The Pennsylvania Lottery’s 2015-16 annual financial statement is available at www.palottery.com, under “About Us & News,” then “Annual Sales & Benefit Reports.”

About Us: The Pennsylvania Lottery remains the only state lottery to direct all proceeds to programs that benefit older residents. Since ticket sales began in 1972, it has contributed nearly $27 billion to fund property tax and rent rebates, transportation, care services, prescription assistance, and local services including senior centers and meals.

Players must be 18 or older. Please play responsibly. Call 1-800-GAMBLER (1-800-426-2537) for help with a compulsive gambling problem.

Visit palottery.com for winning numbers, rules, chances of winning, and to join the VIP Players Club for second chances to win. Install our official mobile app, like us on Facebook and follow us on Twitter.

SOURCE: The Pennsylvania Lottery.

 

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Mercer County Resident Re-elected as Chairman of New Jersey State Lottery Commission

Frank V. Ragazzo Chairs State’s Fourth Largest Revenue Producer

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TRENTON, NJ (July 25, 2016) – New Jersey Lottery Executive Director Carole Hedinger announced that Frank V. Ragazzo of Hamilton Township has been reelected as Chairman of the New Jersey State Lottery Commission. Chairman Ragazzo was appointed to the Commission in 2009 by former Governor Corzine.

Elected by his fellow commissioners to serve as Vice-Chairman is Patrick P. Toscano, Jr., Esq. of Fairfield, Essex County. Vice Chairman Toscano was appointed to the Commission in 2013 by Governor Christie.

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Commissioner Ragazzo holds a Bachelor of Arts in Math Education and a Master of Arts in Education from The College of New Jersey.

Before beginning his current nine-year career as a Broker/Agent for Re/Max Tri-County in Hamilton, he was a 10-year veteran Math teacher for the Hamilton Township School Board.

He also served for twenty-two years as Executive Director of the Mercer County Park Commission, retiring in 2003. After leaving the Park Commission, Mr. Ragazzo served as the Business Administrator in Ewing Township, and later as the Public Works Director for Hamilton Township.

Commissioner Toscano holds a Bachelor of Arts in Criminal Justice from Seton Hall University in South Orange and a Juris Doctor from Seton Hall University School of Law in Newark.

He is President of the Toscano Law Firm, LLC in Caldwell, and serves as an adjunct professor of criminal justice at Seton Hall University in South Orange.

ABOUT THE LOTTERY

Since its inception in 1970, the New Jersey Lottery (NJLottery.com) has contributed nearly $24 billion to the State in support of education and institutions.

Among its beneficiaries are: veterans homes, colleges and universities, school nutrition programs, homes for the developmentally disabled, psychiatric hospitals, higher education scholarship programs and the Marie Katzenbach School for the Deaf.

CONTACT: Judith L. Drucker, Chief Communications Officer, T: Phone: (609) 599-5875, E: Judith.Drucker@lottery.nj.gov.

SOURCE: New Jersey Lottery.

 

 

Packers, Wisconsin Lottery Announce New Scratch Tickets

Grand prize package includes party package in legends suite

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WISCONSIN (July 25, 2016) -- The Green Bay Packers and Wisconsin Lottery today unveiled the details of this year’s Wisconsin Lottery Packers scratch tickets that give fans a chance to experience a 2017 regular-season home game at Lambeau Field in style.

The scratch tickets are now on sale, with a grand prize package that includes tickets for the winner and 25 friends to a 2017 regular season home game in a Legends Suite with food, non-alcoholic beverages, a visit from a Packers alumnus and transportation to and from the game in a limousine or motor coach.

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Three different scratch-off tickets, the $1 "QB Cash” ticket, the $5 "Lambeau Luck” ticket and the $10 "Green Bay Packers," ticket are available now throughout the state, with the $10 ticket having a cash prize of up to $45,000.

Players who don't win instant cash prizes can still enter the bonus drawing and be entered for the grand prize package.

To enter the bonus drawing, players can mail $5 worth of non-winning tickets from 2016 Packers instant scratch tickets to the address on the back of the scratch ticket by March 7, 2017.

The grand prize package winner will be selected from the bonus drawing in mid-March.

Lottery deputy director Jean Adler and Packers President/CEO Mark Murphy announced the new games during a Monday news conference at Lambeau Field.

Last year’s grand prize winner was Barbara Bielinski of Oak Creek, which was officially awarded to her at Monday’s press conference.

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Bielinski received 25 tickets to one Legends Suite for two 2016 Packers regular season home games, including food, non-alcoholic beverages and two parking passes.

Other prizes include:

  • 95 tailgate party packages to either the Festival Foods MVP Deck or Miller Lite Lounge include:
  • Food and non-alcoholic beverages
  • One $50 Packers Pro Shop gift card
  • One helmet autographed by current Packers player
  • Two pre-game field passes to participate in holding the American Flag during the National Anthem
  • 100 five-hundred dollar ($500) gift cards to be used at the Packers Pro Shop or PackersProshop.com
  • $1 QB Cash ticket:  win up to $350
  • $5 Lambeau Luck ticket:  win up to $30,000
  • $10 Green Bay Packers ticket:  win up to $45,000

 

More information on the Wisconsin Lottery Packers games is available online at www.wilottery.com.

SOURCE: Green Bay Packers.

 

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Maryland Lottery Offers Two Ravens Scratch-offs, Trips to Monday Night Football Game

Second-chance Drawings Include Season Tickets for 20 years, Two Trips with the Team and More

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BALTIMORE, Maryland (July 25, 2016) – The Maryland Lottery and the Baltimore Ravens have teamed up again to launch Ravens-themed scratch-off tickets and second-chance drawings. This year, for the first time in its partnership with the NFL team, the Lottery is introducing two different Ravens scratch-offs – one priced at $2 and one at $5.

In addition to the tickets’ cash prizes, a series of second-chance drawings will award exclusive experiential prizes, including a trip with the Ravens and tickets to see them play a Monday Night Football game at the New England Patriots.

The $5 Ravens ticket includes seven $100,000 top prizes – two more than last year’s $5 Ravens ticket.  The $2 ticket has eight $20,000 top prizes. The scratch-offs will be sold at nearly 4,600 Lottery retail locations across the state and at every Baltimore Ravens home game.

Players can submit non-winning Ravens scratch-offs into their My Lottery Rewards accounts to enter second-chance drawings for prizes. Players will choose which second-chance prize category they would like to enter. Each non-winning $5 ticket offers five second-chance contest entries, while each non-winning $2 ticket will give players two entries. The Ravens second-chance prizes include:

  • One winner of season tickets for 20 seasons.
  • Multiple cash prizes totaling $120,000.
  • Six winners who will travel with the team by train to the Oct. 16 game at the New York Giants.
  • Five winners who will travel with the team by air to the Dec. 12 game at the New England Patriots.
  • 13 winners of season tickets for one season.

 

Ravens Ticket

"We are proud to partner with the Maryland Lottery for the eighth consecutive year," said Dick Cass, President of the Baltimore Ravens. “Our fans enjoy the Ravens-themed scratch-offs, and we are excited to offer some exclusive prizes once again.”

In addition to being at M&T Bank Stadium for all Ravens home games, the Lottery will be onsite for a training camp open practice on Aug. 6, offering fans the chance to buy tickets for their favourite games and win Lottery items.

Launching our annual Ravens ticket and second-chance contest is one of the highlights of the year for the Lottery,” said Gordon Medenica, Director of Maryland Lottery and Gaming. “We know it’s something our players eagerly anticipate, and this year we’re excited to give them even more chances to win by having two different Ravens tickets.”

 Since its inception in 1973, Maryland Lottery and Gaming has awarded nearly $22.2 billion in prizes to Lottery players and $14.4 billion in Lottery revenue to the State of Maryland. One of Maryland’s largest revenue sources, the Lottery supports important state programs and services including education, public safety and health, human resources and the environment. For more information, go to mdlottery.com. Please remember to play responsibly and within your budget. For confidential help or information about gambling problems, visit mdgamblinghelp.org or call 1-800-GAMBLER.

For Information, CONTACT: Carole Bober Gentry, 410-230-8725 (office) or 410-365-6384 (cell).

SOURCE: The Maryland Lottery.

 

 

Shift Happens

Article By: Neil Brocklehurst

UNITED KINGDOM (July 22, 2016) -- We are in the midst of a digital revolution. This revolution stretches beyond the boundaries of technology - your organisation, its culture, and processes are all impacted by it. For a heavily regulated industry which has barely needed to change its core product offering for decades, this change can be daunting. In the face of this challenge we must prepare ourselves for what lies ahead and accept the fact that: Shift Happens.

But where does this shift take us? And could the digital revolution really permeate all areas of your lottery? We believe so. Drawing upon our experience of agile in the context of lottery, we wanted to share our idea of how agile might look for you - and why it’s a good thing for you and your lottery.

The digital world changes quickly - a fact which bears both opportunity and challenge. To ensure success in this space our organisations, people and processes must be empowered to respond to the demands and expectations of digital players. In the process of creating a digital-ready organisation, practices such as “lean” and “agile” will no longer just be buzzwords but will likely become a part of your lottery's DNA. And, although parts of these concepts have already been embraced by the software development industry, in reality they apply to your entire organisation.

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The common delivery technique used in our industry is known as the “waterfall methodology”. In a project following waterfall methodology, several months are spent documenting every possible feature believed to be required for the entire project. The next phase of the project will then require several more months to build against those requirements, then more time will be spent testing the build. Then, finally, after much time has passed, the launch date arrives. This comes at great expense to the lottery and, although the end product will have many features, few - if any - of them will have any in-market testing to prove their worth. Not only does this mean time and money may have been wasted in building redundant or outdated features - lotteries and players are deprived of the chance to interact with one another whilst they wait for the feature-filled product to be ready for launch. This delays the point at which lotteries can begin generating money for good causes. The risks of the lengthy and expensive product development cycles usually associated with waterfall methodology, which have no guarantee of success, should not be forced upon lotteries. There is an alternative!

The alternative, a clear contrast to waterfall methodology, is to use agile methodology. Using such a delivery method breaks projects down into multiple, regular, and smaller iterations, giving the opportunity to bring products to market more quickly and to develop a product in-line with player expectations and feedback.

For example, if one were to employ an agile methodology to building an iLottery presence, this could begin with building a results checker first. Then, within a matter of weeks, a store locator could be added to the offering. With each market-informed and market-tested iteration, your growing iLottery channel can regularly boast more and more features: the ability to purchase draw tickets, to scan tickets, to play Instant Win Games, and more. Not only does this method allow lotteries to avoid the risks of lengthy product development cycles, it allows your lottery to be more responsive to the market and to build your iLottery platform with the newest technologies available.

A key aspect of agile is the need to move to a culture which is prepared to test and learn to deliver updates quickly and iteratively. In the digital world, with a competitor landscape of ever evolving products, this philosophy is all the more pertinent as it helps to ensure that products are responsive to customer feedback. This means your product teams can focus on the improvements which really matter. This will ultimately reduce time and cost of delivery, and will more reliably inform the future direction of your products - and your lottery.

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In addition to increasing efficiency, decreasing waste, and helping you to create the best product possible, adopting agile principles can also help to remove the burden of trying to predict the future - an impossible task given the fast changing demands of the digital sector and, indeed, our players. Rather than forcing you to plan and predict product roadmaps which span years (as waterfall methodology often requires you to do), agile methodologies empower you to execute on your long term strategy through making rapid iterations and being able to react to change, giving you more control over the direction and success of your products.

Compare this approach with the current waterfall methodology used by many in the industry, and the change you could be facing may not seem so daunting after all!

Creating products that live on and continue to evolve rapidly after their initial launch is a considerable shift in thinking for some lotteries whose core products have barely needed to change for decades. This approach can require changes in how your teams are organised and empowered to deliver their objectives. And, indeed, the objectives themselves may even change!  Lotteries can accelerate their adoption of agile methodology by starting to build teams which, rather than being brought together to deliver a project, become domain experts centred around a product, or family of products. The product team’s objective is then to ensure the continued success of the product, not the project. To work effectively, these teams are usually cross-functional so as to operate with enough autonomy to use their in-depth product and market knowledge to pre-empt and react to change without the need to wait for the next big release,  or the next board meeting.

Although change is often a source of great angst for lotteries, with a digital revolution already upon us this change is inevitable and one we can prepare for. The way in which the digital revolution is embraced is up to the individual lottery, but it need never be feared and should never be avoided - there are numerous small steps we can take to prepare ourselves. We can even apply agile methodology to our move into the digital world; seeing the transition itself as many small projects - baby steps - rather than one mammoth challenge. The digital world does not bring a crisis; it gives us an opportunity. It’s an opportunity for us to learn, and for teams to grow. It’s an opportunity for your lottery to excel in our digital world. We just need to embrace the fact that: Shift Happens. And we can deal with it.

CONTACT: Laura Pearson, Head of Global Corporate Affairs, Camelot | GLOBAL, T: +44 20 7632 5716, E: laura.pearson@camelotglobal.com.

SOURCE: Article provided by Camelot Global.

 

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8 Things You Should Know Before Attending This Year’s Australasian Gaming Expo

SYDNEY, Australia (July 25, 2016)

  1. The Australasian Gaming Expo (AGE) was first held in 1990 and has been held every year since, making this year’s AGE the 27th Australasian Gaming Expo. It is the oldest and largest show of its kind in the Asia Pacific region.
  2. Australian Gaming Machine manufacturers will be launching new games and machines at this year’s event. The AGE is your opportunity to see them first.
  3. There will be over 50 new exhibitors at this year’s AGE providing everything from Gaming Equipment to marketing support, Amusement machines to point of sales systems, uniforms to cruising. Learn how to identify counterfeit currency and see what the Reserve Bank of Australia has in store for the new Australian banknotes.
  4. The event is again being held at the Sydney Exhibition Centre @ Glebe Island. Visitors to the event can arrive by complimentary ferry from Darling Harbour, complimentary bus from Central Station and Pyrmont, or taxi or private car. A complimentary shuttle bus will operate between the Sydney domestic airport terminal T3 and Sydney Exhibition Centre @ Glebe Island on the operational days of the expo. All airport shuttle trips must be pre-booked. More information about getting to the venue can be found on the event app or the event website.
  5. Beacon technology will keep you up date with what’s happening throughout the event. Make sure you have downloaded and enabled the mobile app before you arrive at the venue. The app also features an interactive event floor-plan so you can locate exhibitors by name or category. You can download the app from the Apple store or Google Play. For more information visit the AGE website.
  6. This Sydney Exhibition Centre @ Glebe Island is located on the Sydney Harbour foreshore at Glebe Island and enjoys views of both the Harbour Bridge and the Anzac Bridge. This historic Sydney location has had many uses. During World War 2 it was a USA Army Depot and more recently it was used as a filming location for Baz Luhrmann’s The Great Gatsby. The current venue was repurposed from the 2012 London Olympics. After arriving in Australia it was reconstructed on a concrete slab the size of five football fields. The 2016 AGE will be using all four Halls of the venue for this year’s event.
  7. Visitors attending the show have the opportunity to win a trip for two to visit G2E, held in Las Vegas in September. One trip for two will be drawn on each of the operational days of the AGE. More information is available from the event app and the event website.
  8. Visitor registrations are open. Visitors can register to attend via the event website www.austgamingexpo.com

 

This year’s Australasian Gaming Expo will be held from Tuesday 9 until Thursday 11 August at the Sydney Exhibition Centre @ Glebe Island.  Register at the AGE website or call the Gaming Expo Help Line on +61 2 9211 7430.

NOTE: The Australasian Gaming Expo is a trade exhibition hosted by the Gaming Technologies Association, for management representatives of Gaming Industry Organisations only including government, regulatory, research and support bodies, clubs, hotels, casinos, resorts and similar Hospitality Industry venues.  Trade suppliers are not eligible to attend the event unless exhibiting.

The Gaming Technologies Association’s primary members are Ainsworth Game Technology, Aristocrat Technologies, Aruze Gaming Australia, Ebet Limited, IGT (Australia), Konami Australia and Scientific Games Corporation.

For further information CONTACT: Ross Ferrar, CEO, Gaming Technologies Association, E: rferrar@gamingta.com.

SOURCE: Gaming Technologies Association Limited.

 

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Exclusive Interview with Andrew Hely, General Manager, Ainsworth Australia & New Zealand

Ainsworth Game Technology to Show-Off Its Latest Portfolio of Gaming Solutions at AGE 2016

SYDNEY, Australia (July 12, 2016) --The name Ainsworth has had a long history in the industry, can you tell us more?

For more than half a century the Ainsworth name has been synonymous with the gaming industry. Len Ainsworth founded Ainsworth Game Technology in 1995 with a commitment to become the leading manufacturer and supplier of gaming solutions.

Today, with global vision and exceptional leadership, Ainsworth Game Technology is revolutionising the global gaming market with its outstanding range of gaming technology and game combination software.

How important is the Australasian Gaming Expo (AGE) for Ainsworth?

AGE is the leading tradeshow for the Australasia gaming industry and provides an opportunity to for Ainsworth to showcase the greatest of what Ainsworth has to offer. The Australasia market has an appetite for the best in class games and at Ainsworth we are dedicated to satisfying these demands with highly innovative technology, cabinet flexibility, product performance and a wide range of game options.

What products will you be showcasing?

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AGE 2016
Glebe Island 9 - 11 August 2016

To show its solid commitment to delivering products designed for the Australasia market, Ainsworth will showcase a range of premium titles at the upcoming Australasian Gaming Expo.

Ainsworth is particularly excited about the AGE where it will introduce the most striking brand to join Ainsworth’s industry-leading GamePlus® library - Win Storm®! Exclusive to the A600® and launching with 3 winning titles – Hail n’ Diamonds™, Ultimate Thunder™ & Wild Wins™, Win Storm® gives players more ways to win with 2 levels of Standalone Progressives, 2 levels of Bonus Prizes and multiple Credit Prizes. Win Storm® will stir up a storm on your gaming floor.

Continuing with our focus on game content, we are certain that players’ excitement levels will be elevated to new heights with Dream Strike™. Derived from Ainsworth’s Vegas-themed Players Paradise® series of games, Dream Strike™ offers 1 level Link Progressive, 2 levels of Bonus Prizes, 2 levels of Bonus Prizes and a remarkable free games feature. Dream Strike™ games on display will be Fire Strike™ and Fortune Strike™.

Ainsworth will present the new Fire Money™ & Ice Money™ titles. Housed in the A600® cabinet, both games many ways to win with 2 levels of Standalone Progressives, 2 levels of Bonus Prizes, rapid-triggering ‘Diamond’ features that trigger Progressives or Bonus Prizes, retriggers & increasing stacked multipliers. 

Targeting the 20c niche market, Ainsworth will display Thunder Money™ & Thunder Gold™. These titles are packed with a powerful punch, overflowing with 3 levels of Standalone Progressives, 3 levels of Bonus Prizes and engaging free games.

Ainsworth will expand their collection of highly entertaining multi-game suites with titles including: Multiplay Mustang Series™, Multiplay Fire Star™, Triple Shot King Spin™, Double Shot King Spin II™, Quad Shot King Spin II™ and Multiplay Big Time VIII™. Visitors will also be able to take a look at the outstanding Double Shot Gold™ series.

Ainsworth will demonstrate a wealth of titles in the legacy Double Shot®, Quad Shot®, Triple Shot™ and High Denom™ line of games. Other established products to look out for include Grand Fortune™, Cash Adventures™, Cash Odyssey™, Oriental Express™ and Ultimate Gold™.

NOTE: The Australasian Gaming Expo is a trade exhibition hosted by the Gaming Technologies Association, for management representatives of Gaming Industry Organisations only including government, regulatory, research and support bodies, clubs, hotels, casinos, resorts and similar Hospitality Industry venues.  Trade suppliers are not eligible to attend the event unless exhibiting.

The Gaming Technologies Association’s primary members are Ainsworth Game Technology, Aristocrat Technologies, Aruze Gaming Australia, Bally Australia, Ebet Limited, IGT (Australia) and Konami Australia.

For further information CONTACT: Ross Ferrar, CEO, Gaming Technologies Association, T: (+61 2) 8216 0931 or E: rferrar@gamingta.com.

SOURCE: Gaming Technologies Association Limited (www.gamingta.com).

 



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