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


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Vol. 85 No.5 - Monday October 29, 2018


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IGT Signs Digital Platform and Content Agreement with Penn National Gaming for Online Gaming in Pennsylvania

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LONDON, U.K. (Oct. 25, 2018) -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that the Company signed a five-year agreement with Penn Online Entertainment, LLC, a subsidiary of Penn National Gaming's (NASDAQ: PENN) Penn Interactive Ventures ("PIV") for its PlayDigital division to provide a full suite of digital gaming products, including the platform, and services for the newly regulated Pennsylvania online gaming market.

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...

IGT's digital gaming platform, PlayCommand™, will enable online gaming for Penn National's Pennsylvania-based customers via its online gaming portal - HollywoodCasino.com. Penn National will also leverage IGT's PlayCasino to provide its players with an expansive library of player-favorite slot games such as Wheel of Fortune®, Elephant King®, Ocean Magic® and Cleopatra® slots. Additionally, Penn National agreed to deploy IGT's PlayBingo and PlayPoker online solutions.

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"We're excited to leverage IGT's platform and content for our online gaming launch in Pennsylvania," said Chris Sheffield, Managing Director of PIV and Sr. Vice President of Penn National Gaming. "The flexibility and reliability of the PlayCommand platform, coupled with the proven game library within IGT's PlayCasino, give us confidence that HollywoodCasino.com will deliver the same caliber of world-class gaming entertainment that our players have come to love in our land-based casinos."

"IGT PlayDigital's vast portfolio of proven digital solutions enables us to quickly address our customers' needs across online gaming, sports betting and on-premise mobile gaming," said Enrico Drago, IGT Senior Vice President PlayDigital. "The newly regulated Pennsylvania online gaming market presents an exciting opportunity for IGT to extend the success of our PlayCommand platform and PlayCasino to Penn National as it expands the scope of its entertainment offering."

IGT's PlayDigital solutions for Penn National in Pennsylvania are targeted for deployment in the first quarter of 2019.

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 Digital 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.

About Penn National

Penn National Gaming owns, operates or has ownership interests in gaming and racing facilities and video gaming terminal operations with a focus on slot machine entertainment. Reflecting the recent completion of the Pinnacle Entertainment transaction the Company now operates 40 facilities in 18 jurisdictions.  In total, Penn National facilities feature approximately 49,000 gaming machines, 1,200 table games and approximately 9,000 hotel rooms.  The Company also offers social online gaming through its Penn Interactive Ventures division and has leading customer loyalty programs with over five million active customers.

IGT CONTACTS:

  • Robert K. Vincent, Corporate Communications, toll free in U.S./Canada (844) IGT-7452; outside U.S./Canada (401) 392-7452
  • Michelle Schenk, Global Communications, Gaming (702) 669-8177
  • Simone Cantagallo, (+39) 06 51899030; for Italian media inquiries
  • James Hurley, Investor Relations, (401) 392-7190

 

SOURCE: IGT.

 

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Veikkaus: Interim Report Q3/2018

Veikkaus Aims at Strengthening Its Competitiveness in the Middle of a Changing Operating Environment

HELSINKI, Finland (October 24, 2018)

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  • Turnover EUR 2 326.3 million (-2.4%).
  • Financial result EUR 752.5 million (+0%).
  • Of the turnover, 57.7% came from the points of sale and 42.3% came from the digital channels.
  • Veikkaus revised its strategy to maintain its ability to channel gaming in the middle of international competition.
  • Large 90-million-euro jackpots boosted Eurojackpot’s turnover for the start of the year (EUR 222.8 million) to reach a growth of 33.4 percent.
  • Identified gaming represented 44.8 percent of all gaming (+4.6 percentage points).

 

President and CEO Olli Sarekoski:

“Gaming is undergoing a strong shift towards the digital channels. Although Veikkaus holds the exclusive right to operate gambling games in Finland, the gambling provision in the digital channels takes place in a competitive market in practice. The Finnish gambling market totalled an estimated EUR 1 460 million (+0%) in terms of GGR in the period between January and September.

Veikkaus’ share of the total market was ca. 89 percent. The development of the regulatory environment, among other things, has led part of the gaming to take place with foreign operators.

Veikkaus’ Board of Directors approved the company’s new strategic guidelines in its meeting at the end of August. Veikkaus’ strategy 2019-2021 will be based on a competitive monopoly status. The objective is to build Veikkaus into an operator that also succeeds in international competition. Success in competition and securing our channelling capacity enable us, for their part, to maintain our exclusive right. We want to be able to offer games responsibly even in the future, minimizing the detriments of gaming and continuing to ensure that the gaming revenue is channelled to the benefit of all of us Finns.

From the perspective of responsibility, it is important that we can channel digital gaming towards Veikkaus games, which are subject to gaming restrictions that are unique even in the international setting.

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Our players have been able to manage their gaming by following the gaming restrictions, to such a degree that problem gambling has decreased. Our first analyses indicate that the gaming restrictions have thus functioned properly and in the intended way. It is estimated that the gaming restriction concept will reduce the gross gaming revenue from Veikkaus’ digital channel by 30 million euros a year.

The development of Veikkaus’ gross gaming revenue took a downward turn during the third quarter of the year. Besides the gaming restriction concept, one reason for this was the decrease in slot machine gaming, which was due to the changes in the structure of the retail trade. This year, the game group to have performed the best has been that of Lucky Games, especially Eurojackpot, which has boasted 90-million-euro maximum jackpots up to nine times during the beginning of the year.

The Ministry of the Interior bill on the amendment of the Lotteries Act was on a consultation round, which ended on 10 August. According to the bill, decentralised slot machines should be made subject to comprehensive identification from the beginning of 2021 onwards. In its statement, Veikkaus paid attention to, e.g., the proposed two-phase identification procedure, the time schedule of the reform, and the selection of methods of voluntary identification. We estimated in our statement that the negative impact on our income would amount to 78–170 million euros in 2021, the year when the obligatory identification would be introduced, depending on the identification solution and the tools of gambling control that would be adopted.”

CONTACT: Veikkauksen mediapalvelu, puh. 09 4370 7000 (kello 8-22), www.veikkaus.fi/yritys

SOURCE: Veikkaus press release.

 

 

Lottery Holds School Supply Drive for Schools Hurt by Hurricane Florence

Donations part of statewide effort, FAST NC, to help schools recover

RALEIGH, NC (October 22, 2018) -- Many teachers in counties hit hard by Hurricane Florence lost all their school supplies in its floodwaters. Now a statewide effort is underway to help those teachers restock their classrooms.

Beginning today, lottery players and the public can join that effort by dropping off donations at one of the N.C. Education Lottery’s six regional offices and claims centers across the state.

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The offices are located in Asheville, Charlotte, Greensboro, Raleigh, Greenville and Wilmington.

The donations will join those made by lottery employees and will be delivered to a distribution center for shipment to teachers who need them. Donations can be any type of school supply on teachers’ lists, including paper, notebooks, pencils, markers, and tissues.

The lottery’s school supply drive is part of its partnership with a statewide effort, called Florence Aid To Students and Teachers in North Carolina, or FAST NC, created by state education leaders.

Our employees wanted to help teachers recover from the losses they incurred during Hurricane Florence,” said Mark Michalko, executive director of the N.C. Education Lottery. “Hundreds of visitors come into our claims centers each week. We know North Carolinians like helping out each other in times like these and we wanted to make it easy for lottery players to join us in this good cause.

Donations also can be made to the N.C. Education Fund by credit card on the FAST NC website, http://www.ncpublicschools.org/fastnc/, or with checks mailed to: N.C. Education Fund, State Board of Education, 6336 Mail Service Center, Raleigh, N.C. 27699.

FAST NC will work with local school superintendents, charter schools, and statewide associations to identify needs and help meet them.

CONTACT: Van Denton, Phone: (919) 301-3308.

SOURCE: NCEL.

 

 

Svenska Spel Prepares for a New Gaming Market

 

 

VISBY, Sweden (October 24, 2018) -- Svenska Spel's third quarter is characterized by a high rate of change when the Group is preparing for a new gaming market, continued high online growth and a World Cup that exceeded the goals.

Online gaming revenues are reduced to 2 125 MSEK, which is 2.3 per cent lower than the same quarter last year. This is mainly due to Vegas Vegas, which decreases by 56 MSEK or 20 per cent. In addition, quarterly net gaming revenue is approximately in line with the previous year. The profit of SEK 1,176 M, a decrease of 2.2 percent, and the operating margin of 23.1 percent is slightly lower than the previous year (23.4).

Sales online grow by 22 percent, of which mobile phone sales increase by 42 percent compared with the same quarter last year. The World Cup was a big success for Svenska Spel's sports games and the goals were surpassed both in terms of sales and customer recruitment.

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"We show that we are still strong in the tough competition and that it is possible to combine game joy with clear gaming responsibility. As the whole of Sweden's gaming company, we look forward to finally playing on equal terms to the new gaming market after the turn of the year and to offer games that we and our customers have missed for a long time," says Marie Loob, tf. CEO of Svenska Spel.

During the quarter, Svenska Spel continued to share the most million wins in the country and it was written game history when Eurojackpot's top win fell by SEK 258 million - the biggest game win ever in Sweden.

Svenska Spel continues the focus on research on gambling addiction and invests more than 30 million by extending the agreement with the Research Council and continued support for Sweden's only professorship in gaming addiction at Lund University.

Customers continue to give Svenska Spel a high rating and the Group has broadly the highest image value of the gaming companies.

"I am proud that approximately five million customers or 52 percent of the Swedish people are positive to Svenska Spel. But there is a clear downward trend in the whole game industry's reputation. Our most important industry-wide challenge is to work to enhance image and reputation. Here everyone has to take their responsibility," says Marie Loob.

July - September in brief

  • Net gaming revenues for the Group amounted to MSEK 2 125 (2 174), a decrease of 2.3%.
  • Online gaming revenues online increased by 22 percent, of which the mobile phone grew by 42 percent compared with the same quarter last year.
  • Net gaming revenue for Vegas Vegas decreased by MSEK 56, a decrease of 20 percent.
  • Costs for conversion to new gaming market and GDPR amounted to MSEK 29 during the quarter.
  • Operating profit for the Group amounted to MSEK 1,176 (1,200), a decrease of 2.1%.
  • The Group's profit amounted to SEK 1,176 M (1, 202), a decrease of 2,2%.
  • The operating margin was 23.1% (23.4).

 

Significant events during the quarter

  • Eurojackpot fell out with SEK 258 million - Sweden's highest win ever.
  • Norsk Tipping has signed an agreement with Svenska Spel for the right to use the PLAYScan gaming responsibility tool. The agreement lasts for six years and amounts to 20 MSEK.
  • The agreement with the Research Council assessing applications and awarding scholarships to deputy researchers has been extended to 2022 worth a value of 24 MSEK.
  • The agreement with Sweden's only professorship in gaming addiction at Lund University has been extended to 2022 to a value of 7.5 MSEK.
  • Agreement signed with Evolution Gaming for delivery of live casino.

 

Here you can read Interim Report January - September 2018 pdf.

SOURCE: Svenska Spel.

 

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Arizona Lottery Launches Two New Fast Play Games

More Instant Wins Added to the Arizona Lottery Fast Play Game Portfolio

PHOENIX, Arizona (October 24, 2018) – Arizona Lottery players now have two more opportunities for instant wins with the new Arizona Lottery Fast Play games: Hot Numbers and $20 on the Spot. These two games give Arizona Lottery players the chance to win up to $2,000 instantly!

Not only do players love these games because they know immediately if they’ve won, they also have attractive odds and numerous opportunities to win. Hot Numbers has a total prize pool of more than $4.8 million and a 1 in 3.51 chance of winning. Players also have a chance to win up to eight times on a single Hot Numbers Fast Play ticket for only $5.

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When players play the $20 on the Spot Fast Play game, they can win up to 10 times on a single ticket, up to a total of $2,000. With a prize pool of more than $730,000 and odds of 1 in 4.52, players won’t be able to resist the instant fun for just a buck!

We are excited to be adding to our Fast Play game category,” Executive Director of the Arizona Lottery Gregg Edgar said. “This instant experience allows our players to enjoy their two favorite game categories in one ticket and by offering more state games, the Arizona Lottery has an opportunity to further increase sales, which will create a significant impact on vital programs that serve Arizonans across the entire state.

The Arizona Lottery launched this new category of instant games this year with four different Fast Play games. Now, Arizona Lottery players are excited to see a growing portfolio of Fast Play games and the Lottery plans to release new games every quarter.

Hot Numbers and $20 on the Spot Fast Play games are available for purchase at all Arizona Lottery retailers. For more information on Fast Play, visit www.arizonalottery.com.

About Arizona Lottery

Since 1981, the Arizona Lottery and its retail partners have generated more than $4 billion in net funding in support of programs that help to improve the quality of life for the people of Arizona. Proceeds from Lottery ticket sales — over $4 million per week – fund programs in education, economic development, environmental conservation and health and human services.

The mission is to support Arizona programs for the public benefit by maximizing net revenue in a responsible manner. Learn more at ArizonaLottery.com

SOURCE:  Arizona Lottery.

 

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Historic Mega Millions Jackpot Raises $34.7 Million for Education in Georgia

ATLANTA, Georgia (October 24, 2018) -- Georgia Lottery officials announced Wednesday that the historic $1.5 billion Mega Millions jackpot generated more than $34.7 million in proceeds for Georgia’s HOPE Scholarship and Pre-K programs.

In addition, Georgia Lottery players won big statewide in Tuesday’s drawing.

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Winning numbers from the Oct. 23 drawing were: 5-28-62-65-70 and the Mega Ball was 5.

One jackpot ticket was sold in South Carolina, and 20 tickets worth $10,000 each were sold in Georgia.

The $10,000 tickets were purchased in: Athens, Atlanta (2), Buford, Conyers, Fort Valley, Hinesville, Kennesaw, LaGrange, Marietta (2), Pooler, Rising Fawn, Sandy Springs, Savanah, Tallapoosa (2), Trenton, Villa Rica and Warner Robins.

Additionally, Georgia Lottery players won more than $8.5 million in prizes since the Mega Millions jackpot began rolling in July.

As with all other Georgia Lottery games, proceeds from Mega Millions and Powerball will benefit education in the state of Georgia.

Georgia Lottery Corp www.galottery.com

Since its first year, the Georgia Lottery Corp. has returned more than $19.8 billion to the state of Georgia for education. All Georgia Lottery profits go to pay for specific educational programs, including Georgia’s HOPE Scholarship Program and Georgia’s Pre-K Program. More than 1.8 million students have received HOPE, and more than 1.6 million 4-year-olds have attended the statewide, voluntary prekindergarten program.

POWERBALL FAST FACTS

For more information on the Georgia Lottery Corp., Mega Millions and Powerball, please visit: www.galottery.com, www.megamillions.com and www.powerball.com.

SOURCE: Georgia Lottery Corp.

 

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New Standards for Complaints Process Put Consumers First

BIRMINGHAM, U.K. (October 24, 2018) -- From 31 October 2018, we’re introducing some new standards for alternative dispute resolution (ADR) providers in the gambling industry. An ADR can help you if you’re not happy with the result when you complain to a gambling business. The service is free for you to use. You can find out how to contact the ADR provider from the gambling business.

We hope that these standards will help you to have confidence in the service that ADR providers give you, and to understand better what’s happening to your complaint during the process. Matt Halden, our Consumer Advocacy Specialist explains more.

In our new standards, we expect ADR providers to:

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  • consider as many complaints as possible, and let you know quickly if your complaint is one they can’t help with
  • tell you when they receive your complaint, and update you when they have all the information from the gambling business that they need to start looking at it
  • keep you updated throughout the process so you know what stage your complaint has reached
  • make sure you know you have a right to ask to see any information from the gambling business about your complaint (unless this conflicts with other law or regulations)
  • take into account your needs when they contact you, including any needs around accessibility
  • provide information about what happens at the end of the process, including whether you can appeal
  • have a process you can use if you need to complain about the service you have received from them

 

We also expect providers to publish information to help you have confidence in the process and their service, including information:

  • to show you how they are independent of the gambling business, including information about how they are funded
  • about the service they provide, including their methods and timescales, and performance data to show how they are performing against targets

 

We’ll be monitoring how ADR providers perform against the new standards, and we’ll take action if we don’t think a provider is meeting them.

SOURCE: Gambling Commission.

 

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Global Lottery Monitoring System (GLMS) and Victoria Police Join Forces to Safeguard the Integrity of Australian Sports

LAUSANNE, Switzerland (October 24, 2018) -- The Global Lottery Monitoring System (GLMS) and Victoria Police have decided to join forces and share information regarding irregular betting patterns in order to detect and prevent sports betting manipulations in Australian sport. GLMS will be providing Victoria Police with information on irregular betting patterns or insider betting that is taking place in connection with sport competitions throughout Australia.

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Commenting on this new GLMS partnership, GLMS President, Ludovico Calvi states: “Working closely with law enforcement agencies is of key strategic importance for an effective fight against sport competition manipulations. Victoria Police has significant experience in gathering intelligence against the phenomenon and I am proud that GLMS will be contributing to protect sports and its values with a focus on Australian sport competitions. This cooperation will also further strengthen GLMS worldwide network and its “glocal” approach.”

 Neil Paterson, Assistant Commissioner of Victoria Police adds "Corruption in sport is a real concern for Victoria Police and this agreement will allow us to better target growing trends in match-fixing. We know how much Victorians love their sport and racing and we want to ensure what they are watching is fair and void of corruption. This agreement with the Global Lottery Monitoring System continues to demonstrate Victoria Police’s dedication to wipe out organised crime involvement in these industries and ensure everyone can enjoy all of our sporting and racing events."

 

GLMS CONTACTS:

•  Giancarlo Sergi, GLMS General Secretary: giancarlo.sergi@glms-sport.org

•  Evangelos Alexandrakis, GLMS Deputy General Secretary, evangelos.alexandrakis@glms-sport.org

 

About GLMS

GLMS is the state lotteries’ mutualized monitoring system on sports betting. It aims at detecting and analyzing suspicious betting activities that could question the integrity of a sport competition. Building on six years of experience with the establishment in 2009 of ELMS with European Lotteries, GLMS went global in January 2015 extending the network to other continents.

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GLMS facilitates the sharing of sports betting information as part of the collective efforts of its members in ensuring sports integrity globally, and is dedicated to effective cooperation with all key stakeholders: regulators, law enforcement authorities, sports organizations.

GLMS currently has 31 individual Members from 4 continents (Österreichische Lotterien - Austria,  Loterie Nationale – Belgium, Hrvatska Lutrija – Croatia,  Danske Spil – Denmark, Veikkaus – Finland, La Française Des Jeux – France,  Staatliche Loterieverwaltung in Bayern – Germany, Opap SA – Greece,  Szerencsejatek – Hungary, Islenk Getspa – Iceland,  Israel Sports Betting Board  - Israel, Lottomatica – Italy, Sisal – Italy,   Maltco Lotteries Ltd – Malta, Norsk Tipping – Norway,  Santa Casa De Misericordia da Lisboa – Portugal,   STOLOTO – Russia, Sportna Loterija – Slovenia,  Svenska Spel – Sweden,   Loterie Romande – Switzerland, Swisslos – Switzerland,  Nederlandse Loterij, the Netherlands,  Hong Kong Jockey Club – Hong Kong, Singapore Pools – Singapore,  Ktoto Co – South Korea, China Sports Lottery – China, Loto-Québec- Canada,  Polla Chilena de Beneficencia – Chile, Banca de Quinielas de Montevideo – Uruguay, La Marocaine des Jeux et des Sports, Morocco,  Loterie Nationale du Sénégal – Senegal) and 2 collective Members (European Lotteries Association and World Lottery Association).

GLMS has 1 associate Member: Scientific Games Corporation.

SOURCE: Global Lottery Monitoring System (GLMS).

 

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"Protecting Sport Must Be More Important Than Maximizing Revenue": Svenska Spel CEO Marie Loob

VISBY, Sweden (October 24, 2018) -- The last quarter shows the success of our sports betting in the World Cup, we exceeded the goals for both sales and customer recruitment, and mobile phone growth is still strong. However, we see a continued loss of Vegas vending machines, down 20 percent compared to the same period last year, which is the main reason why online gaming revenue is  2.3 percent lower than Q3 2017.

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In previous blog posts I have been told about the big conversion that Svenska Spel now undergoes . In order to comply with the competition law regulations after New Year, we divide our entire business and separate our IT systems. In practice, Svenska Spel's largest IT project ever.

Therefore, I am proud that we are able to keep our market positions as well, despite the enormous transformation we carry out in the background. High customer satisfaction and by far the best image of the gaming companies we are very proud of.

During the quarter , we decided to invest more than SEK 30 million in research on gambling addiction . It is a young research discipline that needs a lot of support and with the help of research, we hope that the gaming industry will be able to bring even more effective measures to combat game addiction.

Our agreement with the Research Council is extended to 2022 and we continue to support Sweden's only professorship in gaming addiction at Lund University.

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It feels positive. At the same time, I am concerned with the clear downward trend in the whole game industry's image and reputation. The massive advertising from our industry may yield short-term profits, but it damages the long-term gaming industry's reputation and it's not good for anyone.

One of the things that definitely adversely affects the industry's reputation is match fixation.

The gaming companies need to be part of the solution, not part of the problem and that is why we do not offer games on youth games, lower divisions with low levels of control or easy-to-play game types (such as red card cards or first-order games).

We do this both to protect our customers and to protect Swedish sports.

During the quarter, an 18- and 19-year-old, who in turn, had mutated a 15-year-old to make a match.

The sports magazine reported in the days in detail about how it worked and all the details there reinforced us in the perception that it is completely irresponsible to offer games in youth sports.

We now invite more gaming companies to seriously join the fight against match fixation by self-cleaning their game range from items that are easy to manipulate.

Protecting Swedish sports and healthy gambling must be more important than maximizing revenues in the short term.

We can not count on raising the perception of the gaming industry as long as the industry is unable to take that kind of tough but morally correct decision.

 

Marie Loob,

CEO,

Svenska Spel

 

 

NetEnt Signs Contract with Svenska Spel Ahead of Swedish Market Re-Regulation

STOCKHOLM, Sweden (October 25, 2018) -- NetEnt has entered into an agreement with Svenska Spel Sport & Casino AB (subsidiary of AB Svenska Spel) to supply a wide selection of its award-winning online casino games as the re-regulated gambling market in Sweden opens on January 1, 2019.

Regulated markets form a key part of NetEnt’s strategy, and after a thorough qualification process, NetEnt has been selected as online casino supplier to Svenska Spel Sport & Casino AB.

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On June 7th, 2018, the Swedish parliament, Riksdagen, approved the re-regulation of Sweden’s gambling market. The new legislation comes into force on January 1st, 2019, and NetEnt aims to be ready to operate together with its partners on the day of market opening.

NetEnt was an obvious choice when selecting an online casino supplier ahead of our re-regulated market entry on January 1st, 2019. We are convinced that NetEnt will deliver casino games of the highest quality and become a very important partner for us,” says Fredrik Wastenson, MD and Head of Business Unit, Svenska Spel Sport & Casino.

Henrik Fagerlund, MD NetEnt Malta Ltd. and Chief Product Officer of NetEnt comments: “I am very pleased that Svenska Spel has selected NetEnt as supplier ahead of the Swedish market re-regulation. Svenska Spel is the most established gambling operator and the largest sponsor of sports in Sweden. We really look forward to a close collaboration to deliver best-in-class digital casino games to Svenska Spel’s customers.

The commercial launch of NetEnt’s online games with Svenska Spel is expected in the beginning of 2019.

About Svenska Spel

Svenska Spel is Sweden’s largest gambling operator, with well-known brands such as Lotto, Triss, Stryktipset, Oddset, Vegas and Casino Cosmopol. Svenska Spel was formed in 1997 through a merger of Tipstjänst and Penninglotteriet. Svenska Spel is the largest sponsor of sports in Sweden on all levels. The group also include Casino Cosmopol and Sweden’s four international casinos. For more information, please visit https://om.svenskaspel.se/in-english

About NetEnt

NetEnt AB (publ) is a leading digital entertainment company, providing premium gaming solutions to the world’s most successful online casino operators. Visit http://www.games.netent.com to try our games. Since its inception in 1996, NetEnt has been a true pioneer in driving the market with thrilling games powered by a cutting-edge platform. NetEnt is committed to helping customers stay ahead of the competition, is listed on NASDAQ Stockholm (NET–B) and employs 1,000 people in Malta, Stockholm, Kiev, Krakow, Gothenburg, Gibraltar and New Jersey. www.netent.com.

SOURCE: NetEnt press release.

 

 

NBA & MLB Could See Combined $1.7 Billion from Legalized Sports Betting

Dear Gaming Colleague:

WASHINGTON, DC (October 19, 2018) -- Annual revenues for Major League Baseball (MLB) and the National Basketball Association (NBA) may increase by $1.1 billion and $585 million, respectively, due to widely available, legal, regulated sports betting, according to a new Nielsen Sports study commissioned by the American Gaming Association (AGA).

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The study analyzes the revenue streams that legal sports betting could generate for both professional leagues: revenue as a result of spending from betting operators on advertising, data and sponsorship, and revenue generated as a result of increased consumption of the leagues’ media and products.

According to Nielsen Sports, greater fan engagement and viewership could boost the two leagues’ total annual revenue from media rights, sponsorships, merchandise and ticket sales, producing $952 million for MLB and $425 million for the NBA from increased consumption of the leagues’ products.

Today’s research shows that legal sports betting could help generate additional revenues of $160 million for the NBA and $154 million for MLB as a result of spending by betting operators and data providers. The study projects that gaming operators may spend $64 million on MLB advertising and $57 million on the NBA – which may directly increase the leagues’ rights fees by the same amount. Sponsorship revenues from gaming operators would provide an additional $78 million for the NBA and $62 million for MLB. The NBA and MLB are also projected to earn $25 million and $28 million from data rights, respectively.

AGA recently released revenue projections for the NFL and NHL, showing that those leagues and teams stand to gain $2.3 billion and $216 million, respectively, from widely available, legal, regulated sports betting. The research generated significant national news coverage, including by Reuters this morning: "Exclusive: U.S. sports leagues could see $4.2 billion annually from legal betting."

 

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The four major sports leagues will earn a collective $4.2 billion from widely available legal sports betting, further proving that working together with the gaming industry will pay dividends for all sports stakeholders. Legal sports betting will also create substantial opportunities for state and local economies, generating tax revenue, jobs and supporting small businesses across the country.

 

Regards,

Sara Slane

Senior Vice President of Public Affairs

American Gaming Association.

 

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Swedish Regulator Appoints Match-Fixing Coordinator

STOCKHOLM, Sweden (October 15, 2018) -- Katarina AbrahamssonIn light of the current reorganization of the Swedish gaming market, the Lottery Inspectorate (which changes after the turn of the year to the Spelinspektionen) recruited a match-fixing coordinator, Katarina Abrahamsson, who takes office on October 15, 2018.

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"Katarina has extensive experience from previously coordinating issues between authorities, organizations, but also from working both nationally and internationally with regulation and coordination issues. This experience is very important in the work done by the Spelinspektionen as of January 1, 2019, with regard to the work against match fixing," says Patrik Gustavsson, Operations Manager.

Katarina Abrahamsson is currently a lawyer and currently works as a lawyer at the Lottery Inspectorate, where she worked mainly with the development of regulations and guidelines linked to the new game regulation. Prior to that, Katarina has worked as coordinator nationally and internationally at the Energy Market Inspectorate.

With the new game rules, the Game Inspectorate plays a central role in the fight against match fixing, among other things, through its mission to lead the council against match fixing. The Council's task is to promote strategic and operational cooperation in issues of counter-match fixing.

The anti-match council to be led by the Spelinspektionen consists of representatives of the Public Prosecutor, the Police Office and the Government Offices (Ministry of Finance and the Ministry of Social Affairs). The Spelinspektionen may also include representatives from the Riksidrottsförbundet and in particular the relevant sports federations, trade organizations representing license holders who organize betting and other specially involved organizations.

"Through the new game missile introduced in the game act, the Lottery Inspectorate hopes that police and prosecutors will now have better opportunities to claim manipulation of events with regard to game results," says Patrik Gustavsson.

For more information CONTACT:

 

Patrik Gustavsson,

Operations Manager,

E: Patrik.gustavsson@lotteriinspektionen.se  T: 0152-650 185

Katarina Abrahamsson,

co-ordinator for match fixation, E: katarina.abrahamsson@lotteriinspektionen.se  T: 0152-650 134

 

SOURCE: Lotter Iinspektionen.

 

 

Swedish Gambling Authority to Hold Briefing, 6 November, About Technical Requirements for Certification of Gaming Operations

SWEDEN (October 22, 2018) -- Due to the reregulation of the Swedish gambling market and the new license system the Swedish Gambling Authority invites stakeholders to a briefing Tuesday November 6th in Stockholm.

A license holder must ensure that it’s gaming systems, business systems, routines, RNG and physical lotteries are evaluated by an accredited organ, Chapter 16, Section 3 of the Gambling Act (2018:1138).

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The Gambling Authority will inform on the regulations and general advice (LIFS 2018:8) on technical requirements and accreditation of bodies for inspection, testing and certification of gaming operations and its’ guidelines.

The Gambling Authority has invited the national accreditation body in Sweden, Swedac, to the hearing. Amongst other things Swedac accredits laboratories, certification bodies and inspection bodies in accordance with international standards and regulations. Magnus Pedersen, Swedac, will describe how the accreditation system is built up with laboratories, inspection bodies and certification bodies to create the basis for the application when the gambling company applies for license. Which enables the gambling companies to demonstrate that they meet the technical requirements.

This briefing will be held in English.

The Swedish Gambling Authority’s regulations and general advice (LIFS 2018:8) on technical requirements and accreditation of bodies for inspection, testing and certification of gaming operations and its’ guidelines will be translated and a translation will available in the near future.

WHEN: Tuseday November 6th at 9:30 am - 12:00 pm. (Coffe & sandwich will be served at 09:00 - 09:30 am)

WHERE: World Trade Center, Klarabergsviadukten 70, Stockholm Meeting room: New York

Directions: https://goo.gl/maps/XtsMr62pGbM2

Register your participation October 31th at the latest:

info@lotteriinspektionen.se

Questions: Please CONTACT: katarina.abrahamsson@lotteriinspektionen.se

SOURCE: Lotteri Inspektionen.

 

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