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



INTRALOT


Vol. 80 No. 8 - Monday August 21, 2017


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AGE 2017 Shatters Records on Its First Day

SYDNEY, Australia (August 15, 2017) -- Over 3,000 key industry executives from the Gaming and Hospitality Industry gathered for the first day of the 28th Australasian Gaming Expo at the ICC Sydney at Darling Harbour. This year’s Expo saw 26% more exhibitors than last year, while the first day’s visitor attendance represents an 22% increase over the previous year’s attendance.

What they came to see was the world’s best and latest gaming and hospitality equipment – and that’s exactly what they got.

The event owners and operators, the Gaming Technologies Association, added to the fun by offering a trip for 2 to Las Vegas for each day of the Expo which on Tuesday was won by Mr Lee Cook, Group Gaming Operations Manager, Matthews Hotels, of Kent Town, S.A.

The Association also presented a Best Stand award, which took the judges some time to decide. Based on a strict set of criteria, it was agreed that a number of exhibitors had excelled in terms of creative execution of brand identity and key messages; innovative and efficient use of space; simplicity of form and aesthetics; imaginative use of materials, colour and lighting; and most importantly, visitor engagement and interaction.

246 exhibition stands put in a huge effort to make the event a welcoming, entertaining and innovative exhibition showcase. Of these, the judges’ compliments were extended to Scent Central, Hennessy Coffee, Next ATM and Bromic. Last year’s winner Satelight, returned this year with an innovative lighting display, which also makes them worthy of a special mention. We also make a special mention of long term exhibitor Plantscaping Solutions, represented by John Dickinson.

The Best Stand award winner for 2017 is Big Screen Video, on stand 953. This exhibitor maximised their use of the ICC’s cavernous ceiling height to bring a “wow factor” to the show, with Ross Ferrar presenting the award to Big Screen Video’s, Mr Paul Ellery. Visit http://www.bigscreenvideo.com.au/ for more information about Big Screen Video.

The exhibition concludes this Thursday 17 August at 3pm and visitors can register at the event. For further information call the Gaming Expo Help Line on 02 9211 7430 or visit www.austgamingexpo.com.

 

AGE AGE
Left to Right Ross Ferrar, CEO Gaming Technologies Association, Allen Edwards who conducted a Welcome to Country Ceremony and Pau Newson Deputy Secretary, Liquor, Gaming and Office of Racing. Eager visitors queue up to enter the Expo

 

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, IGT (Australia), Interblock Asia Pacific, Konami Australia, Scientific Games and Tabcorp,

 

For further information contact: info@gamingta.com.

SOURCE: Gaming Technologies Association Limited

 

 

IGT Signs Secondary Instant Ticket Printing Contract with the Colorado Lottery

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LONDON, U.K. (August 14, 2017) -- IGT has signed a secondary contract to provide instant ticket printing services to the Colorado Lottery (“the Lottery”), following a competitive bid process. The six-year contract runs through July 1, 2023, and has the option for two two-year extensions for a total term of 10 years.

As a secondary printer, IGT will have the opportunity to print up to 20% of the Lottery’s annual games, and will also provide instant ticket game design, production, and related services. IGT has printed games for the Lottery since 2010. Most recently, IGT printed the Lottery’s Ghostbusters™ game, which indexed well over 100 for over four months.

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“We are pleased that the Colorado Lottery has chosen IGT for its instant printing needs,” said Michael Chambrello, IGT Chief Executive Officer, North America Lottery.

“They’ve been a great partner for many years, and we’re proud to work with an organization so committed to the quality of its products and to re-investing its proceeds to the great outdoors of Colorado.”

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 (844) IGT-7452; outside U.S./Canada (401) 392-7452

James Hurley,

Investor Relations,

T: (401) 392-7190

Simone Cantagallo,

Italian media inquiries,

T: (+39) 06 51899030

           

SOURCE: International Game Technology PLC (IGT).

 

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Ohio Lottery Commission Extends Primary Instant Games Contract with Scientific Games

Lottery Positioned for Growth to Benefit Education

LAS VEGAS and ATLANTA (Aug. 15, 2017) -- Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company") today announced that the Ohio Lottery Commission ("the Lottery") has extended its primary instant games contract for two years with Scientific Games, the world's leading supplier of lottery instant games.

In addition to instant games, the Company has begun rolling out SalesMaker™ in Ohio, a highly successful lottery retail development and training program. Scientific Games also provides the Lottery with research and consumer studies, licensed properties, and interactive services.

In fiscal year 2016, the Ohio Lottery ranked among the Top 20 lotteries worldwide for total instant game sales (La Fleur's Almanac). Scientific Games has been the Lottery's primary provider of instant games since 2001.

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In September, the Lottery will launch Scientific Games' blockbuster WILLY WONKA GOLDEN TICKET™ instant linked game, offering players a bonus second-chance opportunity to win trips to Las Vegas, where the luckiest will take part in the WILLY WONKA BILLION DOLLAR CHALLENGE™ event to win cash prizes from $1,000 up to a $1 billion annuity.

During its 16-year partnership, Scientific Games and the Ohio Lottery have innovated top-selling instant games together including Holiday Cash, Cash Explosion® 30th Anniversary, Luck of the Irish, and most recently — oversized Gigantix™ instant games. 

Scientific Games' John Schulz, Senior Vice President, Instant Products, said, "We are honored to continue working with the Ohio Lottery to grow instant game revenue, introducing exciting new games that appeal to players and that are supported by a best-in-class retail program."

Currently, Scientific Games provides games, technology and services to more than 150 lotteries globally, including nearly every North American lottery.

WILLY WONKA & THE CHOCOLATE FACTORY and all related characters and elements © and ™ Warner Bros. Entertainment Inc. (s17)

All™ notices signify marks registered in the United States.  © 2017 Scientific Games Corporation.  All Rights Reserv

About Scientific Games

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

Company CONTACTS:

 

Lottery Communications:

Therese Minella

T: (770) 825-4219

Investor Relations:

Bill Pfund

T: (702) 532-7663

Corporate Communications:

Susan Cartwright

T: (702) 532-7981

 

SOURCE: Scientific Games Corporation.

 

 

Check Your Tickets! Largest-Ever Jackpot Won in Illinois

$393 Million Mega Millions Winning Ticket Sold in Palos Heights

CHICAGO, Illinois (August 12, 2017) -- The Illinois Lottery is thrilled to announce it has sold the winning ticket for the largest jackpot in Illinois history in last night’s Mega Millions drawing. The winning ticket was a Quick Pick sold at Nick’s Barbecue, 12658 South Harlem Avenue in Palos Heights, Illinois. The estimated grand prize is $393 million. The retailer will receive a $500,000 selling bonus.

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The Illinois Lottery urges the lucky winner to immediately sign the back of the ticket and keep it in a safe place until they visit one of the Lottery’s five Prize Centers in Chicago, Des Plaines, Rockford, Springfield or Fairview Heights. Winners have one year from the original drawing date to claim a prize.

This jackpot is the fifth largest in Mega Millions history and has an estimated cash value of $246 million.

The jackpot began on April 28, 2017 and rolled 30 times.

About the Illinois Lottery

Founded in 1974, the Illinois Lottery has contributed over $19 billion (since 1985) to the state’s Common School Fund to assist K-12 public schools, as well as hundreds of millions of dollars to the Capital Projects Fund and to special causes like Illinois Veterans services, the fight against breast cancer, MS research, Special Olympics and assistance for people living with HIV/AIDS. In addition to playing in-store, the Illinois Lottery offers online and mobile play for all draw-based Illinois Lottery games at illinoislottery.com. Players must be at least 18 years old.

CONTACT: Jayme Odom, E: Jayme.Odom@Illinois.gov.

Illinois Ticket Takes Mega Millions jackpot!

The summer is sizzling for one lucky Mega Millions player after a single ticket, sold in Illinois, matched all six numbers drawn Friday night. The winning numbers for the August 11 drawing are the white balls 23, 33, 53, 56 and 58, plus the Mega Ball 6. The ticket is worth $393 million ($247.3 million cash) – the largest jackpot in almost a year, the fifth largest prize in the game’s 15 year history and the second largest ever won with a single ticket. The winning ticket was purchased at Nick's Barbecue in Palos Heights, Ill.

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Also in Friday’s drawing, three tickets matched the five white balls to win the game’s second prize. One, sold in Washington, included the optional Megaplier (a $1 extra purchase available in most states) to win $5 million after the 5x Megaplier was drawn; the others were sold in California and Ohio.

Eleven other Mega Millions jackpots have been won in the month of August, including two more of the game’s largest prizes – $336 million on August 28, 2009 (split between winners in California and New York) and $330 million on August 31, 2007 (shared among winners in Maryland, New Jersey, Texas and Virginia). One August jackpot winner never claimed his/her prize – $31 million won in New York on August 1, 2006.

This is the fourth Mega Millions jackpot won this year. It had been rolling since it was last won on April 28, when David Trapp won a $61 million prize in California. Two other jackpots have also been awarded this year – $191 million to Jack Freney, also in California, and $177 million to Texan Eliberto Cantu with a ticket he purchased in Arkansas.

In this jackpot run, more than 51.6 million prizes have been won at all levels since April 28, including 55 prizes of $1 million or more.

The jackpot resets to $15 million ($9 million cash) for the next drawing on Tuesday, August 15.

SOURCE: Mega Millions | Illinois Lottery.

 

 

Global Sales Division of NOVOMATIC takes over Sales Management of Ainsworth in Europe

GUMPOLDSKIRCHEN, Austria (August 11, 2017) -- In line with a strategic commitment to strengthen the sales force, product offering and customer support of Ainsworth, the Global Sales Division of NOVOMATIC, headed by Mr. Lawrence Levy, is assuming the sales management of Ainsworth in Europe.

In charge of the Ainsworth brand introduction, product positioning and direct sales to European gaming operators will be Mrs. Sonya Nikolova, who has successfully headed the sales for NOVOMATIC in the CEE countries.

Sonya Nikolova said: "Customer satisfaction and building long-term relationships within the gaming industry has been an immense motivation of mine for many years. I am enthusiastic about my new role with NOVOMATIC – I consider it a big responsibility and honor – and one that will complement the quality of services and diversity of products that are delivered to our customers and partners. I am committed to enforcing my deep industry expertise and knowledge to the development and popularization of the Ainsworth brand in Europe, as well as to collaborate intensively with my colleagues to improve customer support and product competitiveness."

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The head position for sales in the CEE countries will be entrusted to Mr. Roman Czubak, who has a long record with NOVOMATIC and previously held important roles in Research and Development, Project Management and Sales for the company. Roman Czubak commented on his new appointment: "For me, this appointment means returning to a sales function with the great responsibility of further building and strengthening the NOVOMATIC brand in this core market".

In their respective roles and with the purpose of promoting the major product brands included in the NOVOMATIC portfolio, Mrs. Nikolova and Mr. Czubak will report to Mr. Lawrence Levy, Vice President of Global Sales for NOVOMATIC Gaming Industries GmbH.

About NOVOMATIC

The NOVOMATIC Group is one of the biggest international producers and operators of gaming technologies and employs more than 24,000 staff worldwide. Founded by entrepreneur Professor Johann F. Graf in 1980, the Group has locations in more than 50 countries and exports high-tech electronic gaming equipment and solutions to 80 countries. The Group operates more than 260,000 gaming terminals in its some 1,800 plus gaming operations as well as via rental concepts.

Through its numerous international subsidiaries, the NOVOMATIC Group is fully active in all segments of the gaming industry and thus offers a diversified Omni-channel product portfolio to its partners and clients around the world. This product range includes land based gaming products and services, management systems and cash management, online/mobile and social gaming solutions as well as lottery and sports betting solutions together with a range of sophisticated ancillary products and services.

SOURCE: NOVOMATIC Group.

 

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Tennessee Lottery’s “Eclipse Jumbo Bucks” Game Adds to the Fun of Epic Event

NASHVILLE, Tennessee (August 14, 2017) -- The Tennessee Lottery is offering a fun way to celebrate the upcoming total solar eclipse with its new “Eclipse Jumbo Bucks Seasons” instant game. The $3 ticket features a colorful image of the sun peeking out from behind the moon and the chance to win up to $75,000.

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This fun new game is a great way to commemorate this historic event while raising funds for education in Tennessee,” said Rebecca Hargrove, President and CEO of the Tennessee Education Lottery Corporation.

Eclipse Jumbo Bucks Seasons” is available for a limited time at Tennessee Lottery retailers throughout the state.

About the Tennessee Education Lottery Corporation

The Tennessee Education Lottery Corporation operates entirely from the revenue it generates through the sale of its products. Since January 20, 2004, the Lottery has raised more than $4 billion to fund designated education programs, including after-school programs, college grants and scholarships and the Governor’s Drive to 55 initiatives.

In addition to the educational beneficiaries, players have won more than $11.5 billion in prizes and Lottery retailers have earned more than $1 billion in retailer commissions.

For additional information, visit tnlottery.com and follow us on Facebook, Twitter & Instagram. Have Fun. Play Responsibly. For more information, please visit: www.tnlottery.com.

CONTACT: Kym Gerlock, T: 615-324-6556, E: kym.gerlock@tnlottery.com.

SOURCE: The Tennessee Education Lottery Corporation.

 

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WyoLotto Announce New Chair to Board of Directors

CHEYENNE, Wyoming (August 14, 2017) – WyoLotto™ officials announced after the quarterly Board of Directors meeting on July 31, that Sandi Chitwood of Rock Springs has been appointed as the new chairman. The board consists of up to nine members who oversee the Wyoming Lottery Corporation, with each member appointed by the Governor for a four year term.

Sandi truly represents the spirit of community and brings talent, expertise, and energy to the board. We are very fortunate to have her as we continue to move forward,” said Jon Clontz, WyoLotto CEO.

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"I'm very proud to be part of an organization which has given back to the citizens of Wyoming with $4.6 million to be used in the communities on projects that otherwise may not have had funding. The staff and the board for WyoLotto could not be a finer bunch of folks, and it is an honor to serve with them," Chitwood said.

Previously, she served as a commissioner for District 2 on the Wyoming Transportation Commission and on the steering committee for the Business Leadership Network, an employer-led coalition dedicated to promoting opportunities that benefit businesses by supporting people with disabilities. She has co-chaired the Chamber of Commerce Auction Committee, was a member of the Business and Professional Women’s Organization, and served on the Sweetwater County Travel and Tourism Board. She and her husband have lived in Rock Springs for over 30 years.

In addition to naming Chitwood as chairman, the board also named a new vice-chairman. Jim Whalen, Teton County Sheriff, has been on the board since 2013 and was appointed vice-chairman. Below is a full list of the WyoLotto Board of Directors:

Sandi Chitwood, Chairman

Jim Whalen, Vice-Chairman

Gerry Marburger, Treasurer

Dave Bonner, Secretary

Ross Newman

Gina Monk

Sandra Wallop

Mary Throne

 

For more information about the Wyoming Lottery Corporation and the Board of Directors, visit wyolotto.com.

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 Lottery revenue to be distributed to cities, towns and counties based on ticket sales. 

SOURCE: The Wyoming Lottery Corp.

 

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2016-17 Gaming Expenditure Data Released

MELBOURNE, Australia (August 4, 2017) --The gaming expenditure data for 2016-17 is available now.

Each July, the VCGLR publishes the annual gaming expenditure data for the previous financial year. The data outlines total gaming expenditure and gaming venue information, including venue classification and electronic gaming machine numbers for Victoria.

GLI

The total expenditure for 2016-17 is 2,609,530,060 a decrease of 0.27 per cent on the 2015-16 numbers. 

Did you know?

The VCGLR routinely publishes gaming data on the fourth Friday of every month (for the previous month) as well as bi-annually for certain expenditure sets. The range of datasets include:

 

The VCGLR also maintains the interactive Licensed Venues Map which plots all gambling and liquor venues across metropolitan and regional Victoria.

For further information on the data released by the VCGLR see the Find venue data page of our website.

SOURCE: Victorian Commission for Gambling and Liquor Regulation (VCGLR).

 

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Dansk Hestevæddeløb ApS, Operator of All Nine Racetracks in Denmark, Selects Sportech as New Technology Partner

NEW HAVEN, Conn. (Aug. 9, 2017) -- Sportech Racing and Digital, a division of Sportech PLC, (LSE: SPO), has been selected to provide pari-mutuel betting technologies and services to Dansk Hestevæddeløb ApS ("DHV"), the joint operating company for horse racing and operator of all nine racetracks in Denmark.

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Sportech Racing and Digital has had a presence in Denmark for many years, providing Danske Spil A/S, the national lottery in Denmark and a valued long-term customer, with pari-mutuel betting technology for land based and digital channels.

DHV's selection of Sportech follows the Danish Government's decision to liberalize horse race betting effective January 2018.

Sportech will provide a suite of pari-mutuel betting technologies and services including the central system that will act as the Danish national host to consolidate all betting from private betting operators, including Danske Spil. 

The package will comprise Sportech's Quantum™ System, the most widely deployed pari-mutuel betting software in the world, and hosting services from Sportech's worldwide service delivery network.  The Quantum™ configuration will also facilitate the implementation of digital betting solutions, such as Sportech's G4 website and Digital Link™ mobile, by future private operators.

Henrik Friis, CEO of Dansk Hestevæddeløb ApS, stated, "We sought a technology partner with an exceptional suite of products and services, strong options for digital and self-service betting, and direct access to global commingling markets.  Sportech met these requirements, and their well-established track record and presence in Europe assures us that we will receive excellent support. We are looking forward to working with Sportech to offer a reliable and satisfying betting experience to our private betting operator partners."

Andrew Gaughan, President of Sportech Racing and Digital, stated: "We at Sportech are very pleased to have been selected by Dansk Hestevæddeløb as their tote technology provider and look forward to working with them to help grow betting on horse racing under Denmark's newly liberalizing horse racing environment.

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We are pleased to note that this agreement further cements Sportech's position as the leading independent provider of pari-mutuel betting technologies and services in Europe, building upon Sportech's already strong position in Denmark, the United Kingdom, Ireland, Finland, The Netherlands, Turkey, Spain, and Cyprus."

About Sportech Racing and Digital and Sportech PLC

Sportech Racing and Digital is a leading global provider of wagering technology solutions to licensed betting operators and a division of Sportech PLC, one of the world's leading operators and suppliers of pools betting services. 

The Sportech Racing and Digital footprint is international in scope, with significant market positions in The Americas and Europe and a growing presence in Asia. Globally we process $11.6 billion in bets annually, with a presence in 37 countries, and customers in most US states that permit such betting. In addition to software, hardware, and services that facilitate land-based pari-mutuel wagering, Sportech is one of the largest internet and mobile wagering technology providers in the U.S.

Sportech's Bump 50:50 division provides technologies and services to allow charitable foundations affiliated with professional sports teams to implement 50/50 raffles.  This year, Sportech Racing and Digital is proud to celebrate its Centennial Anniversary.  For more information on Sportech Racing and Digital, please visit www.sportech.net.

For more on Sportech PLC, please visit: www.sportechplc.com

SOURCE: Sportech Racing and Digital.

 

 

Nebraska Lottery Joins Lucky for Life® Aug. 20

“The Game of a Lifetime®” offers a top prize of $1,000 a day for life

LINCOLN, NE (August 15, 2017 – Starting August 20, Nebraska Lottery players will be able to play Lucky for Life, a multi-state Lotto game offered by 24 lotteries across the United States.

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Lucky for Life is a $2 Lotto game with a top prize of $1,000 a day for life. Tickets will go on sale at retailers across Nebraska on August 20.

“We are excited to add Lucky for Life to our product lineup,” said Brian Rockey, Nebraska Lottery Director. “The prizes are unique and contrast well with our existing Lotto games. We think our players will appreciate the opportunity to win a prize that will last their lifetime. As with all Nebraska Lottery games, a portion of every ticket sold goes to support good causes across Nebraska.”

Proceeds from the sale of Lottery tickets benefit the environment, education, the Nebraska State Fair, and compulsive gamblers assistance. Over $648 million has been raised for the Nebraska Lottery’s beneficiary funds since the Lottery began in 1993.

Each Lucky for Life play costs $2. Players select five white ball numbers from 1 to 48, and one yellow “lucky” ball number from 1 to 18 for one play. To win the $1,000 a day for life top prize, players must match all six winning numbers. A second prize of $25,000 a year for life can be won by matching all five white ball numbers. Other cash prizes range from $5,000 to $3. More information is available at the official Lucky for Life website, LuckyforLife.us.

Players will be able to take advantage of some special offers for the Nebraska launch of Lucky for Life. Through August 19, $2 Lucky for Life coupons will randomly print with Powerball® ticket purchases across the state.

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Lottery retailers in the path of the August 21 solar eclipse will have free Lucky for Life glasses available that players can use to view the eclipse safely.

And members of the Lottery’s MVP Club at nelottery.com will receive a $2 Lucky for Life eCoupon to print and redeem after the game launches.

The odds of winning the $1,000 a day for life playing Lucky for Life are 1 in 30,821,472, while the overall odds of winning any prize are 1 in 7.8. “For Life” prizes can be paid as an annuity for the length of a winner’s natural life, or as a lump sum payment. A minimum of 20 years’ worth of payments is guaranteed with the annuity option.

Lucky for Life drawings are held every Monday and Thursday night at 9:38 p.m. (CT). Winning numbers will be available at the Nebraska Lottery website, nelottery.com, and on the Nebraska Lottery Player’s Hotline at 800-224-LUCK (402-471-6139 in Lincoln).

The mission of the Nebraska Lottery is to generate proceeds for good causes while providing quality entertainment options to Nebraskans. Over $648 million has been raised for the Nebraska Lottery’s beneficiary funds since the Lottery began in 1993. All 93 counties in Nebraska have benefited from projects funded with these Nebraska Lottery proceeds.

CONTACT: Neil Watson, Phone: (402) 471-6120, Mobile: (402) 560-4580, E: neil.watson@nebraska.gov.

SOURCE: Nebraska Lottery.

 

 

Pollard Banknote Announce 2nd Quarter Results

WINNIPEG, Canada (August 9, 2017) -- Pollard Banknote Limited (TSX: PBL) ("Pollard") today released its financial results for the three and six months ended June 30, 2017, achieving record quarterly levels of Revenue and Adjusted EBITDA.

"We are extremely pleased with our financial results for the second quarter," commented Co-Chief Executive Officer John Pollard.  "Very strong orders from our existing client portfolio generated significantly higher production volumes compared to last year, continuing the impressive levels achieved in the first quarter.  Robust sales of our specialty products contributed positively to our average sales prices and gross margin.  This highlights the importance of our ongoing innovation focus and the success of our creative process in developing unique products and services that generate market leading returns for our customers."

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"Our second quarter sales were up by 44% from last year to $77.9 million and Adjusted EBITDA increased 118% to $13.1 million.  As discussed last quarter, our second quarter sales volumes were boosted by the significant amount of product in transit at the end of the first quarter.  This in transit volume had accounted for approximately 15% of our first quarter production and the incremental revenue relating to this work provided an extra boost to our revenue for the second quarter.  One needs to really look at the first half results for 2017 in total rather than the individual quarters to more clearly understand our current year's results.  Nevertheless, for the first six months our sales are up by 15% and Adjusted EBITDA by 52%.  These results clearly illustrate our ongoing success of growing our share of the instant ticket market and the impact of additional ancillary products sales in categories such as iLottery and licensed games."

"Our manufacturing operations continue to yield positive results through increased productivity and improving cost structures as we continue to more efficiently utilize our expanded capacity to produce increased volumes.  Once again our operating results generated considerable cash flow which was used to lower our net financial debt although in the quarter there was some investment in working capital to support our growth.  In the first six months of this year we have generated sufficient cash to pay down our total net debt (long-term debt plus subordinated debt less cash) by $13.1 million to $56.4 million.  We expect this positive cash generation to continue in the longer term allowing us to lower our debt leverage even further and provide funding for future investments."

"On August 3rd, 2017, we acquired 17,929,021 common shares (89.3%) of INNOVA Gaming Group Inc. in conjunction with our friendly bid to acquire the company.  The mandatory 10 day extension for the remaining shareholders to tender their shares will end August 15th.  We encourage all remaining shareholders to tender their shares in accordance with the bid instructions.  We expect to commence the normal steps to privatize the company upon completion of the extension.  The addition of INNOVA and its Diamond Game business is a very exciting new chapter for Pollard and we look forward to the combined strengths of the two companies serving the lottery and charitable gaming sectors in the future."

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"The lottery market remains very healthy and we are thrilled with the traction and support we are receiving from lotteries around the world," stated Doug Pollard, Co-Chief Executive Officer.  "During this past year we have renewed a number of our important instant ticket lottery contracts and are actively pursuing additional opportunities through the RFP process.  We are very pleased to see a number of lotteries increasing Pollard's share of their instant ticket business in situations with multiple ticket suppliers and believe this is a reflection of the products, services and knowledge we're bringing to our customers.  Our vision is to be the best partner to help our customers grow their lottery sales and our results for the first six months of 2017 demonstrate that we are achieving our vision.  We look forward to continuing to expand the depth and breadth of products and services that we offer lotteries, as we help our customers continue to achieve record sales levels."

"The first half of 2017 has been very gratifying for us, as many of the investments and developments in process for some time have produced some very encouraging results," concluded John Pollard.  "Going forward our existing business is well positioned to continue to organically generate successful results and to provide a solid foundation for additional growth through acquisitions.  We are thrilled with the addition of INNOVA and their operating business Diamond Game to our family and we look forward to their future contributions."

POLLARD BANKNOTE LIMITED

Pollard is one of the leading providers of products and services to lottery and charitable gaming industries throughout the world.  Management believes Pollard is the largest provider of instant tickets based in Canada and the second largest producer of instant tickets in the world.

The selected financial and operating information has been derived from, and should be read in conjunction with, the condensed consolidated unaudited interim financial statements of Pollard as at and for the three and six months ended June 30, 2017.  These financial statements have been prepared in accordance with the International Financial Accounting Standards ("IFRS" or "GAAP").

 

To read the entire 2nd Quarter Results click here.

SOURCE: Pollard Banknote Limited.

 

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Kentucky Lottery Sales Remain Steady

FY18 budget calls for new sales record

LOUISVILLE, Kentucky (August 11, 2017) -- Expectations for Fiscal Year 2018 – and his plans on how they would be met – were presented to the Kentucky Lottery board of directors today by President and CEO Tom Delacenserie.

The final sales number for FY17 was $1,000,501,000, which was $3.2 million (0.3%) more than the previous year. Proceeds to the Commonwealth were $247.7 million, a $5.3 million (2.1%) drop from the previous record-breaking year.  Executive Vice President & CFO Howard Kline said the reason for the decline is due to the high level of Powerball sales from the previous fiscal year. “Powerball is our most profitable product,” said Kline. “The $1.6 billion jackpot we saw in FY16 added approximately $9 million dollars in net income for that year.”

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Sales for July, the first month of FY18, were $80.1 million. That’s $2.1 million (2.6%) less than budgeted, and $4.7 million (5.5%) less than last year. “July 2016 saw Mega Millions and Powerball jackpots both in excess of $450 million, which is why sales were less than the same period last year,” said Vice President and Corporate Controller Maggie Garrison. “However, the last three weeks of sales have been very solid, and having both Powerball and Mega Millions with large jackpots have helped us make up this gap. We are now performing as expected.”

For the first time in history, both Powerball and Mega Millions each head into the weekend with jackpots in excess of $350 million.

The board approved the budget for FY18, which anticipates $1,033,100,000 in sales and $252 million in proceeds to the Commonwealth.

In presenting his first budget to the board, Delacenserie outlined a number of growth opportunities he plans to target during FY18. They include:

  • Introducing “families” (like-branded groups at different price points) of scratch-off games;
  • Adding 470 new ticket vending machines;
  • Increasing product awareness at retail;
  • Developing stronger corporate partnerships with chain operations, and;
  • Tying retailer incentive to targeted sales growth.

 

I’ve been very impressed with the team here in Kentucky, and feel like we’ve given them the tools they need to rise to the occasion of increasing our sales and dividends back to the Commonwealth,” said Delacenserie.

In other business, the board approved:

  • A contract with Ellipse Solutions LLC for implementation of finance and purchasing back-office systems and functions;
  • Approval of the FY18 Retailer Incentive Plan;
  • Approval of the FY18 Audit Plan, and;
  • Rules and regulations for seven scratch-off tickets and eight Instant Play games.

 

The next meeting of the KLC’s board of directors will be September 22nd. The meeting will begin at 10:00 AM EST, and will be held at the KLC headquarters at 1011 West Main Street in Louisville. The Development Committee will meet September 15th at 3:00 PM. The audit committee meeting will begin at 8:00 AM EST on the 22nd, as well as the procurement committee at 9:00 AM EST that same day.

For More Information CONTACT:  Chip Polston, Jennifer Cunningham or Sara Westerman, T:  (502) 560-1675.

SOURCE: Kentucky Lottery Corporation.

 

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Glück Games and LottoInteractive Announce New Concept in iGaming with the Launch of StarMatch

A StarMatch made in heaven

GIBRALTAR (August 16, 2017) -- Glück Games, a Gibraltar and Berlin-based developer of scratchcards, instant win and lottery games for the iGaming sector and LottoInteractive Inc., creator of immersive, skill-based mobile games integrated with instant-win mechanics, announce a first-of-its-kind crossover experience with the launch of Star Match on August 15th, 2017 in multiple European territories.

Star Match will launch as an instant win initially. This will be quickly-followed by an interactive scratchcard. Both products will be available across Europe on Lottoland.com. In addition, several other operator partners will be announced soon.

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In Star Match, players try to match three or more Hollywood icons to collect as many stars as possible, gaining points and bonuses along the way before the digital lottery cash prize is revealed. LottoInteractive and Glück Games have collaborated to provide a prize tier in the scratchcard that awards free plays in the instant win game, an innovation that will drive cost-effective user acquisition.

Star Match, powered by Glück Games’ proprietary Remote Gaming & Commerce Server (RGCS) platform, will be available for play anytime, anywhere on iOS, Android, PC or Mac.

Glück Games’ CEO, Robert Lenzhofer, commented;

“As an iGaming developer with a focus upon the ‘casual real-money gaming’ crossover, we are very excited to introduce the skill-based playing experience that Star Match provides to our ever-increasing player base.”

Adds LottoInteractive’s CEO, Brian Ward,

“We are delighted to work with such an innovative partner as Glück Games, and to bring the North American success of Star Match to much larger European audiences, offering a skill-based experience and mobile game mechanics that younger audiences have come to love.”

For more information, please CONTACT: contact@gluckgames.com or info@lottointeractive.com.

About Glück Games

Glück Games makes casual, real-money games and technology products. We are based in Berlin and Gibraltar and pride ourselves on applying the highest quality design and engineering principles to deliver unparalleled games and back-end products to the online lottery and casino markets. For more information, please visit www.gluckgames.com

About LottoInteractive

LottoInteractive creates immersive, skill-based mobile games in the most popular game genres integrated with instant-win mechanics. LottoInteractive is committed to creating game experiences that will bring operators and lotteries new players who want to be entertained and play on-the-go, while giving loyal existing players exciting interactive options -- all with a chance to win cash with every play. For more information, please visit: www.lottointeractive.com.

SOURCE: Glück Games.

 

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Zeal Group: We Have A New Name!

UNITED KINGDOM (August 9, 2017) -- Welcome to myLotto24.ie

We are delighted to announce that we have a new corporate name in Ireland, and are now known as myLotto24.ie.

While our name has changed, our mission to give you access to many of the world’s biggest lotteries and games has not!

With myLotto24.ie, registered players can bet on the EuroMillions, EuroJackpot and many more international lotteries, knowing that we will match the prize amounts and jackpots on offer in those draws.

Shenaly Amin, myLotto24’s Irish Country Manager, explains the reasons behind the rebrand:

We simply feel that the name myLotto24.ie will resonate more strongly with our customers here in Ireland. myLotto24 is already a very well-established global brand, with up to 100,000 winners per week across Europe and €1 billion paid out in prize money.

We look forward to continuing our journey in Ireland and, following our partnership with the Marie Keating Foundation, we will soon be announcing how we will continue to give back to Irish communities and neighbourhoods.

SOURCE: Press Releases from Zeal Group Affiliate Mylotto24, Which Operates in Ireland under the Brand Tipp24.

 

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Sports Betting & Gaming India

27th Feb 2018 - 28th Feb 2018

Location: Goa, India

The Sports Betting & Gaming India Conference (SBGI) promises a busy conference schedule and outstanding panel of industry experts and speakers

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Gambling in India is heavily restricted and the SGBI panel of experts and speakers will evaluate both the potential and the possible impact of legalized gambling in the country. The Indian government’s willingness to consider and clarify gambling legislation provides the ideal background against which the conference speakers and delegates will discuss a wide range of topics and issues - ranging from anti money laundering strategies to the challenges and opportunities that come with eSport.

Day one of the conference proceedings will see a keynote address delivered by Tim Shepherd, founder of Silver Heritage: Show me the money: How the global gaming industry is responding to the liberalisation of gambling regulations and how can you capitalise. From here, the dialogue will move to the latest developments in Indian regulation and the onset of GST in India. The question on everybody’s mind, whether GST will be a game changer in the sports betting and gaming industry in India, will be thoroughly dissected and interrogated.

Two panel discussions will further explore the current legal scenario of gambling in India, as well as the conventional status of lotteries and more innovative measures for it to grow.

The second day keynote address will be delivered by Christina Thakor – Rankin, Principal Consultant at 1710 Gaming.  Christina will discuss key growth markets and opportunities in India, including lottery, sports betting, land based, and online gaming, and how to foster further growth. Roland Landers, CEO of All India Gaming Federation will deliver additional remarks.

Security, payments, and data protection topics are also on the conference menu, as is practical solutions to retain player confidence, preventing data leakage, match-fixing, and the inevitability of sports betting.

The final panel discussion of the conference will focus on the growth potential (and restrictions) for casinos and the scope for new players entering the Indian market.

Our events are attended by hundreds of senior delegates from the private and public sector. For more information on Eventus International, kindly visit: www.eventus-international.com

 




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