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





Vol. 77 No.7 - Monday November 14, 2016


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IGT Acquires Assets From Leap Forward Gaming, Inc.

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LONDON, U.K. (November 8, 2016) -- International Game Technology PLC ("IGT") (NYSE:IGT) announced that it has acquired certain assets including several patents and other intellectual property from Leap Forward Gaming, Inc. ("LFG") relating to LFG's SaffariNet® Patron Display Interface® (PDI) picture-in-picture multimedia ecosystem technology. IGT also agreed to dismiss its litigation with LFG.  

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.

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"This acquisition builds upon IGT's industry-leading intellectual property portfolio by enabling us to broaden the scope of our casino management systems solutions," said Victor Duarte, IGT Global Chief Product Officer, Gaming.

"The acquired system-agnostic assets include applications and technologies that are complementary to IGT's existing solutions, and may help us to enhance our offerings to customers over time."

SaffariNet Patron Display Interface picture-in-picture multimedia ecosystem technology works with gaming machines and systems to enhance casino operator communications and marketing capabilities to patrons. Thin Client Gaming (TCG™) and SmartFloor® technology plus a host of additional gaming apps are also included in the acquisition.

Leap Forward founder and CEO Ali Saffari will serve as a consultant to IGT to ensure a seamless integration of the solutions and applications related to the acquisition.

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.

IGT CONTACTS:

Robert K. Vincent, Corporate Communications, toll free in U.S./Canada (844) IGT-7452; outside U.S./Canada (401) 392-7452

James Hurley, Investor Relations, (401) 392-7190

SOURCE: IGT.

 

 

Pennsylvania Lottery Mobile App Now Checks All Tickets

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MIDDLETOWN, Pennsylvania (November 3, 2016) -- Players asked for it, and now the Pennsylvania Lottery’s official mobile app can scan both instant and draw game tickets to check for winners.

When we introduced a ticket checker for instant games in March, players immediately asked us to expand it to check draw game tickets,” said Lottery Executive Director Drew Svitko. “Our mobile app adds excitement and fun for Pennsylvania Lottery players who are on-the-go.” 

The ticket checker feature is simple and convenient to use. Start by logging into the VIP Players Club.

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On an instant ticket, players should reveal the “Scratch to Cash” barcode. Then, open the ticket checker on the mobile app and point the camera at the barcode. The app will indicate whether the ticket has won a prize.

For a draw game ticket (such as a PICK game, Cash 5, Match 6 Lotto, Powerball®, Mega Millions®, Cash4Life®, or Treasure Hunt), players should open ticket checker and point the camera at the bar code on either lower corner of the ticket.

The app will indicate whether the ticket has won a prize.

Players should immediately sign their winning tickets.

To claim a prize, players must physically present a ticket for validation by having it scanned at a Lottery retailer’s sales terminal or by submitting the signed ticket with a completed claim form to a Lottery office.

Only a properly validated winning ticket may be used to claim a prize.

Available for free through Google Play and the Apple App Store, the Pennsylvania Lottery’s official mobile app’s other features include:

  • The ability to scan eligible tickets for entry in second-chance drawings;
  • Access to the VIP Players Club;
  • Daily and past winning numbers;
  • Current jackpots;
  • The latest instant games and “Scratch For Fun”;
  • Prizes remaining for instant games;
  • “Play for Fun” games;
  • A retailer locator; and
  • Information on how to claim a prize.

 

The mobile app has been enormously popular with Pennsylvania Lottery players, with more than 410,000 downloads since its launch.

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After logging into the free VIP Players Club, players may also use the app’s scanning capability to enter eligible tickets into second-chance drawings found in the Second Chance Prize Zone™. In a recent second-chance drawing, more than 65 percent of entries were made through the mobile app.

Every effort is made to ensure the accuracy of the winning numbers, prize payouts, winning ticket status and other information offered via the Pennsylvania Lottery's mobile app. The official winning numbers are those selected in the respective drawings and recorded under the observation of an independent accounting firm. In the event of a discrepancy, the official drawing results and prize validation systems shall prevail.

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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Lighted Menu Boards from Schafer Systems Drive Sales

OVERLAND PARK, KS (November 2016) -- A test of lighted menu boards across Missouri showed double digit growth in Scratchers ticket sales.

Several convenience stores in Missouri recently participated in a test of replacing standard menu boards with lighted menu boards from Schafer Systems.  Tests, conducted by Henderson Kessinger Consulting, Inc., in 16 stores in St. Louis, Kansas City, Springfield and Jefferson City showed a 14.4 percent overall increase in Scratchers ticket sales using the lighted menu boards. 

Results were especially large in three regions.  Test stores in the Kansas City region showed average sales increases of 22.3 percent in test stores, compared to a 16.9 percent gain for control stores during the test.  In the Springfield region, test stores showed a 19.4 percent gain compared to 12.4 percent for control stores.  In St. Louis, test stores gained an average of 17.3 percent against an average sales gain of 9.7 percent among control stores during the test.

 

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Hy-Vee Gas #1 in Kansas City  Test store increased scratch ticket sales 89.5 percent.

 

It’s the first thing you see when you walk into the store,” Heather McKinney, store manager of Fast Gas #3 in St. Joseph, said as she raved about the lighted menu boards.  “People love it and it catches their attention,” she explained.

James Applewhite, store manager at Signal Food #109, in Springfield, Mo., echoed those observations and said, “I like the menu boards a lot.  They draw a lot of attention.”

In addition to driving sales, many store managers noted that the lighted menu boards speed up the lines.

It really helps to speed up the line as customers make their decisions while waiting in line,” said Mark Wiseman, manager of Westland Travel #15 in St. Louis.  “The lighted menu board captures customers we were not getting in the past.”  Westland reported a 31.2 percent sales gain in Scratchers tickets during the test.

The test was conducted over the summer among 16 convenience and gas stores across Missouri.  The reaction among participating stores was almost universally positive, with managers reporting increased sales, faster lines and more customer interactions.

One St. Louis manager said that customers used to ask at least 10 times a day whether the store carried lottery games.  “They have not asked once since we installed the lighted menu board!” the manager said.

Another St. Louis manager noted that the lighted menu board gives the display “a more professional look to the front counter.”  A player at the store chimed in that the menu board makes it easier to make a game selection.  Another player in Kansas City reported that the lighted board makes it easier to read the cards in the display.

 

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Circle K #1639 in St. Louis.  35.4 percent increase during test.

 

The lighted menu board also serves to speed up lines at the cash register since players can decide what games to buy before making it to the point of purchase.  That helps reduce labor costs and build customer satisfaction by eliminating idle time in line.

SOURCE: Henderson Kessinger Consulting, Inc.

 

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NOVOMATIC Lottery Solutions partners with Gamevy

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WIEN, Austria (November 7, 2016) -- Gamevy Ltd and NOVOMATIC Lottery Solutions (NLS), a wholly owned subsidiary of NOVOMATIC, Europe's leading gaming technology group, have signed a Memorandum of Understanding (MoU) to provide innovative new instant win games to government regulated lotteries. The service will combine NLS’s market-leading lottery platform with Gamevy’s unique content and flexible development capability, to deliver authentic, customized games to lottery operators.

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NLS is delighted to be working with Gamevy,” stated NLS CEO Frank Cecchini. “We’ve watched the company develop their games and their capabilities over the last year and we like the way they think. Gamevy is passionate and focused on making high quality games that are notably different than anything else on the market today. The Gamevy team truly understands the lottery player and the new challenges which lotteries face as they struggle to stay relevant and exciting,” Cecchini added.

Through their strategic partnership, NLS and Gamevy will bring new content to lotteries, providing a range of interactive instant win and digital scratch games. Far too often, suppliers have only offered lottery scratch cards that are adapted from paper products and little thought is given to the unique possibilities and challenges of the digital medium. To date, most games suppliers have lavished their creative efforts on casino games – ignoring the broader lottery demographic and the pursuit of a more challenging customer base.

Just as NLS believes in creating a leap-forward change in the way lotteries are run, Gamevy also believes in changing the games offered to players. Gamevy creates innovative instant win products that offer real player action – with skill, strategy and choices that have an impact on the player’s experience and game results.

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Taking cues from social gaming and TV game shows, Gamevy’s products appeal to a younger demographic as well as the broad player-base of lottery and bingo games. Designed to entertain and engage players, these games offer life-changing jackpots and a highly interactive style of play.

Gamevy’s digital scratch instant wins are designed expressly for mobile, with different mechanics matched to differing games, as well as playful animations and reveals that make their products significantly more fun. Meticulous attention to detail and a high standard of design have made Gamevy a sought-after development partner for many major brands.NLS and Gamevy’s games and content ideas will be showcased at the World Lottery Summit 2016 in Singapore in November.

About NLS

NOVOMATIC Lottery Solutions (NLS) is a full solution alternative vendor for international lottery markets delivering games and services that can be integrated with any 3rd party solution. The NLS system supports all sales channels simultaneously, creating a truly omni-channel offering while at the same time increasing lottery revenues and returns to good causes. With ISO 27001 certification, WLA Security Control Standard Certification and numerous lottery audits, NLS solutions guarantee the highest levels of security and reliability. NLS is part of the NOVOMATIC Group, one of the biggest global producers and operators of gaming technologies, with revenues of about EUR 4bn, more than 24,000 employees and activities in 80 countries. NLS was established in 2014 after the acquisition of Icelandic lottery provider Betware and quickly became a player in the international lotteries business.

About Gamevy

This London-based start-up is inspired by TV gameshows to offer instant wins where players can push their luck, prove their skill and have a chance of taking home a life-changing jackpot. Their games are live across Europe and proving especially popular with a broad demographic of players. Gamevy is licensed and regulated by the UK Gambling Commission and the Gibraltar Commission

CONTACT: Martina Kruber, Head of Corporate Marketing & Communications NLS, NOVOMATIC Lottery Solutions GmbH, Mobile: +43 664 8850 79 28, E: mkruber@novomaticls.com.

SOURCE: NOVOMATIC Lottery Solutions.

 

 

Portuguese Lottery Selects NeoGames to Expand iLottery Success

NeoGames won a bid to enlarge SCML’s Game Offering, Enhance Player Experience and Ramp Up Revenue Growth

LUXEMBOURG (November 7, 2016) – Santa Casa da Misericórdia de Lisboa has selected NeoGames to expand the variety and the success of the Portuguese lottery’s online instant game offering. The three-year contract celebrates and extends a relationship that has yielded significant results over the past few years.

Throughout the term of the new agreement, NeoGames will supply the lottery with customized games from its acclaimed portfolio, along with bespoke enhanced interactive versions of printed ticket games popular in Portuguese retail shops.

Santa Casa’s decision to launch interactive instant win games from our industry-leading content portfolio several years ago has been a game changer for them, greatly enriching their entertainment offering and expanding their customer base. Since the beginning of our partnership, SCML has experienced impressive online success with record sales year over year,” said Ilan Rosen, CEO of NeoGames.

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We will continue to work with Santa Casa’s marketing team to create games that meet specific local requirements which are of great value and were a key factor in our success as the primary provider of iLottery games. We are extremely proud of Santa Casa’s iLottery achievements and are committed to further explore and deploy innovative products and marketing strategies especially tailored for Portuguese market.”

About Santa Casa da Misericórdia de Lisboa

Since its creation in 1498, Santa Casa da Misericórdia de Lisboa has provided social assistance of the underprivileged, with a primary focus on children and the elderly. Being a charitable organization involved in humanitarian activities, Santa Casa was chosen by the Portuguese state to run lotteries (since 1783), sports betting games (1961) and number games (Lotto in 1984, Euromillions in 2004) with the purpose of raising funds to finance its social work and projects involved making life better, particularly for the most deprived sectors of the population.

About NeoGames

NeoGames, a leading iLottery software and service provider, pioneered the global interactive scratch cards and lottery gaming market. For more than a decade, the NeoGames iLottery 360™ solution has boosted lottery success with the broadest portfolio of market-proven games across all connected devices, a comprehensive back-office platform, and a complete set of player operational services. NeoGames tailored omni-channel solutions enable each lottery customer to generate maximum revenues from its interactive offering. In August 2015, William Hill PLC (WLH – Lon), one of the world’s top betting and gaming companies, became a major NeoGames shareholder to advance its iLottery strategy, expansion and innovation.

For further information, please CONTACT: Tal Stein, Marketing Director, NeoGames, T: +972 73 3723039, M: +972 52 8546823, F: +972 73 3723962, E-mail: tals@neogames.com, Web: www.neogames.com

SOURCE: NeoGames.

 

 

WyoLotto Makes Third Revenue Transfer to Wyoming

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CHEYENNE, Wyoming (November 4, 2016) -- WyoLottoTM brings the fun and excitement of the lottery to players across the state and throughout the region. As a part of the Lottery’s goal to give back to Wyoming, WyoLotto made a third transfer of revenue to the state on October 7.

This revenue transfer, totalling $797,638, brings the Lottery’s total revenue transfer amount to $2,832,638 since April of this year. WyoLotto looks forward to building on the success that has made these transfers possible and will launch the Lottery’s newest game, Lucky For Life, on Dec. 4. Lucky for Life is a draw game offering players a grand prize of $1,000 a day for life.

WyoLotto is committed to contributing to the Wyoming communities that have supported the organization from the start. By paying off the Lottery’s start up loan early, WyoLotto was able to make their first transfer to the state of more than $1 million sooner than anticipated on April 5.

Jon Clontz, WyoLotto CEO said, “We attribute our success to the players, retailers, and other supporters throughout Wyoming who have allowed us to give back revenue to support our communities.”

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For years, Wyoming’s lottery players spent money in neighboring states. With the launch of the Wyoming Lottery in August 2014, and the introduction of Cowboy DrawTM in March 2015, WyoLotto has successfully kept Wyoming dollars in Wyoming, spent at Wyoming retailers. What began as a start-up, has become an established and growing Wyoming organization.

So far, WyoLotto players have won more than 1.7 million times. In a state with a population of 563,626, that means great odds for players. Those winners have taken home more than $26.4 million in prizes.

Clontz added, “We are proud to be able to share the success of the Lottery, by giving back to the state through revenue transfers.” The Lottery transfers revenue to the Wyoming State Treasurer every financial quarter, with the amount dependent on revenue.

Per the state statute, revenue transfers each year will be distributed by the State Treasurer to Wyoming’s 99 cities and towns, and 23 counties. Should revenue transfers exceed $6 million in a fiscal year, those funds will be directed to the Wyoming Permanent Land Fund’s Common School Account.

WyoLotto is a true Wyoming brand, born and raised in the Cowboy State. The Lottery created Wyoming’s own game, Cowboy Draw, and also offers Powerball and Mega Millions - and soon, Lucky for Life - to players at more than 450 retailers throughout Wyoming.

About WyoLotto

The Wyoming Lottery Corp. is a corporate business entity established by House Bill 77 in the 2013 legislative session and signed into law by Governor Matt Mead. The corporation operates as a private business and does not employ state employees or use state tax money. State law requires the first $6 million of Lottery revenue to be distributed to cities, towns and counties based on Wyoming's sales tax formula. Any additional earnings will be deposited into the state's Permanent Land Fund's Common School Account.

SOURCE: The Wyoming Lottery Corp.

 

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Svenska Spel Report Continued Growth in Mobile Sales

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SWEDEN (October 26, 2016) – Svenska Spel strengthens the digital customer experience and have a good growth in mobile, which increased 55 per cent. Keno and Euro Jackpot continues to develop positively.

Net gaming revenues for the third quarter amounted to 2153 million, which was 32 million or just over 1.5 percent lower than the same period last year.

Net gaming revenues for the first three quarters amounted to 6 546 million, which was 11 million, or 0.2 percent more than the same period last year. The result amounted to 1200 million for the third quarter which is 19 million or 1.6 percent lower than the same period last year.

Sales via mobile increased by 55 percent during the quarter compared with the same period last year. At the end of the quarter was another new record with 161,000 unique customers during a single week played via mobile phones.

We increased net gaming revenues for the first three quarters compared to the previous year. Football Championship and an expanded gaming in sports was appreciated by customers and contributed to good sales in the third quarter. During the quarter, we also saw a positive development, especially for Keno and Eurojackpot,” says Swedish Spel CEO Lennart Käll.

With just over six months to the games presented investigation is Swedish Games in a strong position. To further enhance the gaming experience, we focus on innovation and has sought permission for a number of new game types such as e-sports and fantasy sports,” concludes Lennart Käll.

 

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July-September in brief

  • Net gaming revenue for the Group amounted to SEK 2 153 M (2 185), a decrease of 1.5%.
  • Operating income for the Group amounted to SEK 1 205 M (1 218), a decrease of 1.0%.
  • Profit for the Group amounted to SEK 1 200 M (1 219), a decrease of 1.6%.
  • The operating margin was 23.4% (24.1).
  • Customer Satisfaction Index was 69, and is an increase of three percentage points compared with the previous quarter.
  • Swedish Spel image value was 54% which is in line with the previous quarter.
  • Spelkoll index was 83, and is basically unchanged from the previous quarter.

 

Events during the quarter

  • Sales via mobile phones increased by 55 percent during the quarter compared with the same period last year.
  • The company has applied for authorization of a number of new forms of gambling, such as e-sports and fantasy sports.
  • A new cooperation agreement was signed with the Swedish Floorball Federation. The agreement runs for three years at a value of just over 6.5 million.
  • Kind celebrates 30 years.

 

January-September

  • Net gaming revenue for the Group amounted to SEK 6,546 million (6,535), an increase of 0.2%.
  • Operating income for the Group amounted to SEK 3,555 million (3,546), an increase of 0.2%.
  • Profit for the Group amounted to 3565 MSEK (3557), an increase of 0.2%.
  • The operating margin was 22.5% (23.1).
  • A new mobile app with notifieringstjänst has been launched to strengthen the digital customer experience.
  • A new gaming ratios, Spelkoll index has been launched as part of the company's new power measurement.
  • 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.

 

Interim Report January - September 2016 can be found here.

For more information Contact: Elisabeth Lennhede, Press Officer, T: 070-087 47 49.

SOURCE: Svenska Spel.

 

 

First ‘Lucky for Life’ $1,000 a Day for Life Prize Won in North Carolina

Dad Gives Daughter the Gift of a Lifetime

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RALEIGH, North Carolina (November 3, 2016) -- Manalle Earnhardt of Salisbury will get $1,000 A Day for the rest of her life thanks to her dad, who gave her a ticket that won the top prize in the new Lucky For Life game.

The ticket made Earnhardt the first person in North Carolina to win the game’s top prize. It beat the odds of 1 in 30.8 million in the Thursday, Oct. 20 drawing to win $1,000 A Day For Life.

Earnhardt said her dad buys lottery tickets for her and her brother on a regular basis, but she never expected to win.

He likes to play,” Earnhardt said. “He wants to see us enjoy playing as well. This is so surreal.”

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Her dad owns The Crossroads on Bringle Ferry Road in Salisbury, but stopped by the Fast Stop on Andrews Street to get the $2 ticket. 

Earnhardt found out she had a winning ticket when her dad called her the next morning.

At first I thought something bad had happened,” Earnhardt said. “When you’re dead asleep, that’s the first thing you think.”

But then her dad told her to check her ticket.

You look at those numbers and you’re not sure if you’re looking at them right,” Earnhardt said. “You think, ‘How can this be?’

After learning she won, Earnhardt called her husband and then went to work at the VA Medical Center in Salisbury where she’s spent the last ten years as a nurse in the emergency room.

It still didn’t seem real at that point,” Earnhardt said.

It started to when she claimed her prize on Wednesday. Earnhardt had the option of taking a lump sum of $5.75 million or the annuity prize of $365,000 a year. She chose the annuity, and received her first annual payment. After federal and state tax withholdings the win amounted to $252,763.

The prize is guaranteed for at least 20 years to the winner’s estate or heirs. That means Earnhardt, who just turned 39, will receive at least $7.28 million. The annuity payments will continue for the rest of her life, which means she could receive $10.9 million over thirty years or $14.6 million over forty years.

Even though she won the prize of a lifetime, she plans to work until retirement.

I love what I do,” Earnhardt said. “I didn’t serve in the service, so this is my way of giving back to the veterans.”

Manalle Earnhardt
Manalle Earnhardt First ‘Lucky for Life’ $1,000 a Day Winner in North Carolina

While she plans to keep working, she said winning the top Lucky For Life prize is a big stress reliever.

I don’t have to worry about retirement now,” Earnhardt said. “I don’t have to worry about college for my two boys, or all of these other things. It’s nice to know it’s taken care of.”

While all of these things are long term, Earnhardt plans to get a pool in the near future.

Jamil Isbanioly, Earnhardt’s dad, couldn’t be happier about the win.

I’m so excited for her,” Isbanioly said. “This is the best thing to give to my kids and make them happy.”

To win the top Lucky For Life prize, the ticket matched all six numbers drawn. Players have 10 ways to win a prize playing the game. In the nine months since tickets went on sale in North Carolina, nine players have won the game’s second prize of $25,000 A Year For Life.

In all, 21 lotteries offer the Lucky For Life game. Drawings are held every Monday and Thursday night.

Ticket sales from games like Lucky For Life made it possible for the lottery to raise more than $634 million for the state last year. For details on how that money is benefiting all of the counties in North Carolina click on the “For Education” section of the lottery’s website.

CONTACT: Kathleen Jacob, T: (919) 301-3620.

SOURCE: NCEL.

 

 

Inspired to Commence Greek VLT Rollout with Greek Betting and Lottery Operator OPAP

Inspired will supply 3,960 cabinets to the Greek operator in 2017

LONDON, U.K. (November 7, 2016) -- Inspired, a leading provider of Virtual Sports, Mobile Games and SBG Video Lottery, today announces that it will soon commence rollout of its VLT cabinets with OPAP S.A (OPAP), the Greek betting and lottery operator.

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  • Following the formal announcement of new VLT regulations by the Hellenic Gaming Commission, OPAP has deemed that all appropriate conditions are now in place to allow it to restart plans for the operation of VLT products in Greece.
  • Inspired is one of four VLT suppliers to OPAP, and will commence rollout of 3,960 VLT cabinets across the extensive OPAP retail network in 2017.
  • OPAP holds an exclusive 10 year license to operate in Greece, and Inspired will be one of its few suppliers.

 

Luke Alvarez, CEO Inspired Gaming Group, commented: ‘Inspired is delighted by this week’s announcement that a fully regulated VLT operation is now in place in Greece. This news will enable us to commence the rollout of our VLT cabinets in 2017; a significant and exciting moment both for the landscape of the gaming market in Greece, and for Inspired. We are proud to one of only four four suppliers to OPAP, one of Europe’s most established and respected operators, and look forward to a successful and long-term business partnership.’

For more information about this press release, please CONTACT: Elinor Fewster, Director of Communications, Inspired Gaming Group, T: +44 20 7456 9016 | M: +44 7973808951, E: elinor.fewster@ingg.com

About Inspired:

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Inspired is a global games technology company, supplying Virtual Sports, Mobile Gaming and server-based gaming systems with associated terminals and digital content to regulated betting and gaming operators around the world.  Inspired currently operates more than 25,000 digital gaming terminals and supplies its Virtual Sports products in more than 35,000 venues and on over 100 websites in 30 countries. Inspired employs over 800 employees in the UK and elsewhere, developing and operating digital games and networks.

Additional information can be found at www.inspiredgaminggroup.com.

SOURCE: Inspired.

 

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Association of Gaming Equipment Manufacturers Release October 2016 Index

LAS VEGAS, NV (November 8, 2016) -- The AGEM Index posted another increase in October 2016 after gaining 20.46 points in September 2016.

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The composite index stood at 321.90 points at the close of the month, which represents an increase of 15.04 points, or 4.9 percent, when compared to September 2016. The AGEM Index reported a year-over-year increase for the 13th consecutive month, rising 124.68 points, or 63.2 percent, when compared to October 2015.

During the latest period, six of the 13 global gaming equipment manufacturers reported month-to-month increases in stock price, with three up by more than 10 percent.

Seven manufacturers reported decreases in stock price during the month, with four reporting double-digit drops.

The broader stock markets reported negative results in October 2016 due partially to speculation surrounding the upcoming national election.

The S&P 500 reported a month-to-month decrease of 1.9 percent, falling to 2,126.15.

Additionally, the Dow Jones Industrial Average decreased 0.9 percent to 18,142.42, while the NASDAQ decreased 2.3 percent during the period to 5,189.14.

 

AGEM

Exchange: Symbol

Stock Price At Month End

Percent Change

Index

(Currency)

Oct-16

 

Sep-16

 

Oct-15

Prior Period

 

Prior Year

Contribution

Agilysys

Nasdaq: AGYS (US$)

9.65

 

11.12

 

11.37

(13.22)

 

(15.13)

(0.36)

Ainsworth Game Technology

ASX: AGI (AU$)

1.78

 

2.25

 

3.18

(20.89)

 

(44.03)

(1.16)

Aristocrat Technologies

ASX: ALL (AU$)

15.34

 

15.81

 

9.32

(2.97)

 

64.59

(3.32)

Astro Corp.

Taiwan: 3064 (NT$)

27.85

 

34.00

 

21.00

(18.09)

 

32.62

(0.15)

Crane Co.

NYSE: CR (US$)

68.01

 

63.01

 

52.64

7.94

 

29.20

3.84

Everi Holdings Inc.

NYSE: EVRI (US$)

2.01

 

2.39

 

4.68

(15.90)

 

(57.05)

(0.26)

Galaxy Gaming Inc.

OTCMKTS: GLXZ (US$)

0.52

 

0.46

 

0.24

13.04

 

116.67

0.03

Gaming Partners International

Nasdaq: GPIC (US$)

10.39

 

10.60

 

9.28

(1.98)

 

11.96

(0.02)

International Game Technology PLC

NYSE: IGT (US$)

28.72

 

24.38

 

16.22

17.80

 

77.07

12.51

INTRALOT S.A.

ATHEX: INLOT (EUR)

1.23

 

1.04

 

1.51

18.27

 

(18.54)

0.17

Konami Corp.

TYO: 9766 (¥)

4,145

 

3,895

 

2,758

6.42

 

50.29

2.45

Scientific Games Corporation

Nasdaq: SGMS (US$)

12.40

 

11.27

 

11.09

10.03

 

11.81

1.32

Transact Technologies

Nasdaq: TACT (US$)

7.20

 

7.48

 

9.57

(3.74)

 

(24.76)

(0.02)

 

 

 

 

 

 

 

Change in Index Value

15.04

 

 

 

 

 

 

 

AGEM Index Value: September 2016

306.85

 

 

 

 

 

 

 

AGEM Index Value: October 2016

321.90

 

Selected positive contributors to the October 2016 AGEM Index included the following:

  • International Gaming Technologies (IGT) contributed 12.51 points due to a 17.80 percent increase in stock price to $28.72.
  • Crane Co. (CR) reported a stock price of $68.01 (+7.94 percent) and contributed 3.84 points.
  • With a stock price of ¥4,145 (+6.42 percent), Konami Corp (TYO: 9766) contributed 2.45 points to the overall index.

 

Selected negative contributors included the following:

  • With a stock price of AU$15.34 (-2.97 percent), Aristocrat Technologies (ASX) contributed negative 3.32 points.
  • Ainsworth Game Technology (AGI) contributed negative 1.16 points due to a 20.89 percent decline in stock price to AU$1.78.

 

A number of industry manufacturers released financial results for the third quarter of 2016 in recent months. Selected company highlights below suggest mostly positive results for key players in the industry.

Scientific Games (SGMS) reported $720 million in revenue for the third quarter of 2016. This represents a $48.4 million increase over the prior year and year-over-year growth of 7 percent. Social gaming was a major driver as sales were up 81 percent while gaming machine sales increased 22 percent. Table products sales were up 9.3 percent, as well. However, gaming operations, the largest revenue generator for Scientific Games' gaming segment, declined 5.9 percent to $182.4 million as the installed base of gaming machines decreased year over year, which additionally resulted in a lower mix of high-yielding games.

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While Konami Corp. offers a wide range of products and entertainment devices, gambling units have become a much smaller portion of the company's business model. In the first half of fiscal year 2016, pachislot and pachinko machines accounted for ¥5.3 billion or nearly 5 percent of Konami's total revenues. One year later, this business unit now accounts for just ¥800 million worth of revenues. With an 85 percent drop in year-over-year sales, slots account for less than 1 percent of Konami's ¥101.4 billion in revenues.

However, Konami's gaming and systems segment is still a large earner for the company, turning in ¥13.8 billion in the first half of the 2017 fiscal year. Konami installed its casino management system "SYNKROS" at the Barona Resort & Casino near San Diego while introducing several new casino game products, such as the skill-based game Beat Square.

In recent news, Aristocrat announced a cross-licensing agreement with IGT covering certain game features and system patents. The companies have since set aside all outstanding litigation surrounding intellectual property. As part of the deal, Aristocrat can offer games that include patented features from IGT in exchange for licensing fees. IGT reached a similar agreement with Everi Games just a few days later.

IGT has also announced its selection for the casino management system for the new Lucky Dragon Hotel & Casino in Las Vegas. The new property expects to open in early December. IGT will be installing the latest version of its casino management system, which offers advanced marketing, player communication and floor optimization services. IGT will also occupy the largest floor share of the new casino and feature 12 of its new electronic table games systems.

The AGEM Index

The Association of Gaming Equipment Manufacturers (AGEM) produces the monthly AGEM Index that comprises 14 global gaming suppliers throughout the world. A total of 9 suppliers are based in the United States and are listed on the NYSE, Nasdaq or OTC market, while two trade on the Australian exchange, one supplier trades on the Athens exchange, one on the Tokyo exchange, and another trades on the Taiwan OTC exchange.

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The index is computed based on the month-end stock price (adjusted for dividends and splits) of each company and weighted based on approximation of market capitalization. Market capitalizations for manufacturers trading on foreign exchanges have been converted to US dollar-equivalents as of month-end for comparability purposes. The AGEM Index is based on a 100-point value as of January 2005.

About AGEM

AGEM is an international trade association representing manufacturers of electronic gaming devices, systems, lotteries, and components for the gaming industry. The Association works to further the interests of gaming equipment manufacturers throughout the world. Through political action, tradeshow partnerships, information dissemination and good corporate citizenship, the members of AGEM work together to create benefits for every company within the organization. Together, AGEM and its member organizations have assisted regulatory commissions and participated in the legislative process to solve problems and create a positive business environment.

AGEM Index

The AGEM index and overview is prepared by Applied Analysis (AA). AA is a Nevada-based advisory services firm providing consultation services for public and private entities. The company utilizes extensive experience in economics, information technology and finance to provide a wide range of services, including urban economic consulting, financial advisory services, market analysis, public policy analysis, hospitality industry and gaming consulting, and information system and technology consulting.

For More Information, CONTACT: Marcus Prater, Executive Director, T: 702.812.6932.

SOURCE: The Association of Gaming Equipment Manufacturers (AGEM).

 

Kambi

 

Gambling Commission Challenges Operators to Quicken Pace of Consumer Focus

BIRMINGHAM, U.K. (November 8, 2016) -- The Gambling Commission is today calling for operators to accelerate the pace at which they are putting consumers at the heart of business decisions.

The call came from Commission chief executive Sarah Harrison during a speech to operators at the Commission’s first Raising Standards Conference in Birmingham, where the industry was challenged to become the most trusted gambling sector in the world.

Ms Harrison said that while operators had been making progress in areas including the development and implementation of harm reduction strategies and gambling management tools for consumers, there was still more to be done.

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She said: “But you need to raise your ambitions and your sights higher.  You need to step up the pace of change - in how you handle customer complaints; ensure advertising is clear; simplify terms and conditions; develop your risk management strategies on money laundering; evaluate the impact of social responsibility initiatives - and, working across all these areas, in how you do more to share best practice... don’t wait for a crisis to happen that shakes the very foundation of customers’ trust in your industry. Act now and demonstrate to consumers that your interest in their needs is genuine.”

Ms Harrison warned that future failures could result in stronger penalties.

Ms Harrison said: “One of the principles in the Commission’s existing statement for licensing and regulation is a preference for pursuing compliance through means that stop short of a licence review, in favour of a regulatory settlement. We propose to remove this bias in favour of settlement.

We will put access to all tools, including licence review - both of the operator and personal management licences - on an equal footing. Put simply we will use the right tool for the job.

“In addition, we will propose changes to our statement on financial penalties with the likelihood of higher penalties going forward, in particular where we see systemic and repeated failings. Our principles on penalties already reflect the need to remove profits from non-compliance, take account of costs and consumer harm, and deter poor compliance but higher penalties are likely if we do not see behaviour changing.”

Read Sarah Harrison’s full speech

CONTACT: UKGC press office on 0121 230 6700 or Email: communications@gamblingcommission.gov.uk

SOURCE: Gambling Commission media release.

 

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Casino Regulator to Deliver Keynote Speech at MGS Entertainment Summit 2016

MACAU, SAR (November 7, 2016) -- DICJ Director Paulo Martins Chan is going to talk about the future development of Macao’s gaming industry on the first day of the three-day event to be held from November 15 to 17 at the Venetian Macao.

Director of Macao Gaming Inspection and Co-ordination Bureau, Paulo Martins Chan, will join the MGS Entertainment Summit 2016. The event, alongside the MGS Entertainment Show 2016, will take place at the Venetian Macao.

The Macao gaming regulator chief will deliver his keynote speech, titled “Future Development of Macao's Gaming Industry: Healthily and Orderly, with Integrity and Quality”, on the first day of the three-day event.

Mr. Chan indicates, in his speech, he will be sharing the Macao Special Administrative Region Government’s continuing efforts in helping with the diversification of the gaming industry in terms of policy-making, so that the SAR can gradually achieve its goal to be a “World Tourism and Leisure Centre”.

Mr. Chan adds, Macao’s gaming industry is currently undergoing an adjustment period and the SAR government is focusing more on how the industry can develop sustainably so that the local economy could remain strong and stable in times of challenges.

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“Healthily and Orderly, with Integrity and Quality”

The Macao casino regulator chief says only by developing healthily and orderly, as well as with integrity and quality, Macao’s gaming industry could sustain in an increasingly challenging regional and international market.

Therefore, the DICJ will continue its effort in pushing forward a series of measures, in order to help the industry in enriching its offerings, as well as increasing the proportion of the revenues brought in by the non-gaming sector in the gaming operators’ overall revenues, Paulo Martins Chan adds.

Mr. Chan indicates such policies will be carried out in accordance with the SAR government’s Five-Year Plan. The SAR’s master development plan for the year 2016 to 2020 sets out comprehensive targets for the city, focusing on citizen's livelihood and Macao's diversified economy.

In addition, the DICJ will continue revising legislations and regulations, introducing new technological standards so that the gaming industry could develop in a more regulated and stable manner, adds Mr. Chan.

MGS Summit 2016

DICJ head, Paulo Martins Chan, says this will be the first time he ever joins a large-scale gaming and entertainment exhibition and convention held by a local institute. He says he looks forward to meeting all the participants coming from all around the world and getting to know more about the development of the gaming and entertainment industry in other jurisdictions.

During the three days of November 15 to 17 at the MGS Entertainment Summit, the key question which will be tackled by representatives from the government, the global investment community and broad-based gaming and entertainment sector will be: how do you bring pioneering new technologies to vibrant new markets with a fresh and visionary political thinking?

Featuring more than 15 sessions, the summit will gather together representatives from the Chinese Government, major casino and entertainment operators in Macao, Las Vegas and around the world, cultural and service industry experts, legal and international advisors, and the world’s major investment houses to explore the new business landscape and the legislation, technological innovation and financial co-operation necessary to maximise the vast opportunities that lie ahead for the gaming and entertainment industry.

DECLARATION: Lottery Insider is a media partner for the MGS Entertainment Summit 2016.

SOURCE: MGS Entertainment Summit 2016.

 

 

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Exhibitors Get a Taste of the New ICC Sydney

SYDNEY, Australia (November 4, 2016) -- A group of 120 inquisitive exhibitors took over the new International Convention Centre at Darling Harbour today. Comprising both large and small exhibitors, with their exhibition contractors and their staff, along with the AGE coordinating team, it was a chance to get a firsthand glimpse of what is truly a world class venue for AGE 2017.

Divided into 5 groups of 24, with each group being led by two representatives of the ICC, the visitors were escorted into the building via the imposing main entrance stairway that leads to a very impressive exhibition foyer and registration area.

 

AGE2017

 

The groups then got to see the multi-purpose seminar rooms complete with smart lecterns, remote powered privacy screens and flexible seating arrangements.

They also got to see the enormous loading tunnel which will allow all four halls being used for AGE 2017, to be loaded simultaneously.

But the highlight of the visit was Hall 3 and while they saw only ½  of the massive 19,000 square metres of floor space that AGE will be occupying in 2017, one visitor was still impressed enough to describe the hall as ‘Cavernous”.

The whole group was then treated to a light lunch at L’Aqua on Cockle Bay where Ross Ferrar the CEO of the event organiser announced that “already 80% of the floor space has been sold for 2017”.

In another milestone for the event, Visitor Registration is already open and can be found at this link here: https://www.infosalons.com.au/AGE17S/

The Australasian Gaming Expo is on the 15th to the 17th August, 2017

 

AGE2017

 

NOTE: The Australasian Gaming Expo is a trade exhibition, 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, Scientific Games, Ebet Limited, IGT Australia and Konami Australia.

For further information contact: info@gamingta.com.

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

 

La Fleur's 2016 Austin Conclave

 

 

 



MGS 2016


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