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The WEEK in REVIEW
Vol. 88 No.4 - Monday July 29, 2019

 

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Idaho Lottery Celebrates 30th Anniversary, Raises Historic $60 Million for Education

BOISE, Idaho (July 19, 2019) -- Thirty years after selling the very first ticket on the steps of the Idaho Capitol, the Idaho Lottery returned to the Idaho Statehouse this morning and returned the largest dividend in their history.  Accepting the dividend on behalf of the people of Idaho, Governor Brad Little received a check representing $60,000,000 during a ceremony at the State Capitol.  This year’s record dividend came on the strength of the eighth consecutive year of responsibly increased sales.

Idaho Lottery Director Jeff Anderson and the Idaho Lottery Commission also presented Governor Little with a check representing the total 30-year dividend provided to Idaho Department of Education’s School Building Account Fund, the Department of Education’s Bond Levy Equalization Fund, and the State of Idaho’s Permanent Building Fund for $906 million.

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For 30 years, the Idaho Lottery has ensured the fairness, accountability, and integrity of all their games and operations,” said Governor Little. “The Idaho Lottery has made good on their commitment to make significant contributions to education at all levels to help fund meaningful projects that improve student safety and promote scholastic achievement.

With close to a billion dollars now returned for our good causes, the dividend we announce today proves every play pays for our beneficiaries, retailers, and players,” said Anderson.  “Every day we contribute to the future of Idaho’s education and prosperity among her citizens.

Since 1989, the Idaho Lottery has totalled $3.9 billion in sales. The state-wide network of 1,200 brick and mortar retail locations has earned $232.7 million in commissions.

For the eleventh time in twelve years, and the eighth consecutive year, the Idaho Lottery’s annual sales exceeded the previous year.  This year’s sales were $287.9 million.

During the ceremony, Governor Little presented Superintendent of Public Instruction Sherri Ybarra with a record-setting, $37.5 dividend check.  Of that, $22.5 is earmarked for the Department of Education School Building Fund Account for use by the districts, and the remaining $15 million goes to the Department’s Bond Levy Equalization Fund. Since inception, the Idaho Lottery has contributed more than $504 million to these accounts in support of Public Education in Idaho.

Each year, students and educators throughout our state benefit from school improvement projects funded by the Idaho Lottery dividends,” Superintendent of Public Instruction Sherri Ybarra said. “Not only does this year’s funding set a new record, but it brings the three-decade history of Lottery funding for education to a staggering half a billion dollars.

Governor Little also presented Cindy Bateman, Vice-Chair Permanent Building Fund Advisory Council, with a dividend check for $22.5 million. This is the largest amount ever received by the State’s Permanent Building Fund.  Since 1989, the Idaho Lottery has returned $305.6 million back to the permanent buildings of Idaho.

The Idaho Lottery has been a meaningful partner for the maintenance, preservation, and development of Idaho’s public buildings and state operated facilities for thirty years,” said Bateman. “Lottery proceeds each year enables us to restore our historical facilities, provide safe work environments for the Gem State’s employees, and enhance the quality of Idaho’s college campuses.

The Idaho Lottery celebrates its 30th Anniversary by setting four new records in Fiscal Year 2019.  In addition to the record dividend and sales figures, the Lottery also set records for prizes paid to the players ($190 million), and commissions earned by Idaho Lottery retailers ($16.6 million).

The Idaho Lottery’s 30th Anniversary celebration will continue this afternoon with a community celebration event along River Street east of 13th Street in downtown Boise. The event features live music, food trucks, the final competition to determine Idaho’s Fastest Scratcher, and at 6:05 pm MT, an official Guinness World Records Attempt for the Largest Number of People Scratching Scratch tickets at one time.  The event is FREE and open to the general public.

ABOUT THE IDAHO LOTTERY

The Idaho Lottery responsibly provides a variety of entertaining games featuring Powerball, Mega Millions, Scratch Games™, and Pull-Tabs with a high degree of integrity to maximize the dividend for Idaho public schools and the permanent building fund. Since their inception in 1989, the Idaho Lottery has sold over $3.9 billion in products, awarded more than $2.4 billion in prizes to players, returned $232.6 million in retail commissions, and distributed $906 million in Lottery dividends to Idaho public schools and the Permanent Building Fund. To learn more, please visit www.idaholottery.com.

CONTACT: David Workman (www.idaholottery.com).

SOURCE: The Idaho Lottery.

 

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IGT Extends Instant Ticket Services Agreement with the Ohio Lottery

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LONDON, U.K. – July 22, 2019 – International Game Technology PLC (IGT) (NYSE: IGT) announced today that its subsidiary, IGT Global Solutions Corporation, has signed a two-year instant ticket services contract extension with the Ohio Lottery. Under the terms of the agreement, IGT will continue providing a range of instant ticket services for the Ohio Lottery such as game planning and marketing, research and analytics, graphics support, and production and printing through June 30, 2021.

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IGT has been a print vendor for the Ohio Lottery since 2015. During this time, IGT has worked with the Lottery to launch successful tickets such as The Three Stooges®, Joker’s Wild, Money Bags Multiplier, and most recently the $5 Wheel of Fortune® ticket.

IGT has worked closely with the Ohio Lottery to launch new games and deliver high-quality, innovative instant tickets to its players since 2015,” said Jay Gendron, IGT Chief Operating Officer, Lottery. “IGT is pleased to continue our partnership with the Ohio Lottery and looks forward to enhancing its instant ticket portfolio with compelling new game concepts and world-class service over the next two years.

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 more than 12,000 employees. For more information, please visit: www.igt.com.

CONTACT:

  • Phil O’Shaughnessy, Global Communications, toll free in U.S./Canada +1 (844) IGT-7452; outside U.S./Canada +1 (401) 392-7452
  • Francesco Luti, +39 3485475493; for Italian media inquiries
  • James Hurley, Investor Relations, +1 (401) 392-7190

SOURCE: IGT.

 

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INTRALOT Signs Contract to Provide Sports Wagering, Lottery Gaming Systems and Related Services in Washington, D.C.

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ATHENS, Greece (July 24, 2019) -- INTRALOT is pleased to announce that its U.S. subsidiary INTRALOT Inc, has signed a new contract that will continue its nearly 10-year partnership with the District of Columbia Office of Lottery and Gaming (”DC Lottery”). INTRALOT will support the DC Lottery’s commitment to maximize revenue returned to the District by modernizing the gaming system, deploying next-generation gaming technology, and ushering in the transformational new era of regulated sports wagering. The five-year contract is effective October 1, 2019 and allows for an additional five extension years.

Under the contract INTRALOT will continue to supply the DC Lottery with its LOTOS™ gaming and instant ticket management system. INTRALOT will deploy its industry leading technology to the retail network by offering its state-of-the-art Photon™ terminals, WinStations®, new MP NG self-service vending terminals, online terminals, new peripheral devices, and related Services to support traditional lottery, sports wagering and e-Lottery gaming verticals.

Starting in early 2020, INTRALOT will deploy its INTRALOT Orion sports wagering mobile and retail platform to enable the DC Lottery’s sports wagering offerings. Additionally, INTRALOT will provide all trading and risk management services for the District of Columbia’s sportsbook.

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Ms. Beth Bresnahan, Executive Director of the DC Lottery, remarked: “INTRALOT has been a valued partner of the DC Lottery for the last nine and a half years, helping to transfer more than $500 million since 2010 to the District to fund vital public programs and initiatives. We look forward to continuing our partnership with INTRALOT to introduce exciting new games and innovative gaming platforms to generate additional revenue for the District’s important causes”.

INTRALOT, Inc. Interim CEO, Mr. Byron Boothe, added: “We have been DC Lottery’s partner since 2010. Being chosen to continue offering leading technical and marketing solutions to the DC Lottery is rewarding and motivating, as it recognizes our commitment to delivering significant value to our partner. We look forward to exceeding expectations and offering even more exciting new entertainment options while increasing returns in a socially responsible way for the Lottery, the District, and its citizens. Finally, it is equally rewarding to have the opportunity continue our highly successful relationship with our joint venture partner, Emmanuel S. Bailey, CEO of DC09LLC”.

DC09LLC, Inc. CEO, Mr. Emmanuel Bailey, commented: “I think the decision of the DC Lottery, one of the most innovative and forward-thinking lotteries in the U.S., to continue its partnership with INTRALOT, in the face of unprecedented new market opportunities, is indicative of the level of trust that the DC Lottery (and other state lotteries) have placed in INTRALOT’s innovative products, services, and absolute commitment to ensuring its customers’ satisfaction. I’m honored to have the opportunity to continue working with the global leader in government-sponsored sports betting and leading force in the domestic gaming industry for years to come”.

About INTRALOT

INTRALOT, a public listed company established in 1992, is a leading gaming solutions supplier and operator active in 48 regulated jurisdictions around the globe. With €0.9 billion turnover and a global workforce of approximately 5,200 employees (3,000 of which in subsidiaries and 2,200 in associates) in 2018, INTRALOT is an innovation - driven corporation focusing its product development on the customer experience. The company is uniquely positioned to offer to lottery and gaming organizations across geographies market-tested solutions and retail operational expertise. The company has designed a new ecosystem of holistic omni-channel solutions across verticals (Lottery, Betting, Interactive, VLT) for Lotteries digital transformation. INTRALOT has been awarded the prestigious WLA Responsible Gaming Framework Certification by the World Lottery Association (WLA) and the WLA certificate for the Security Control standard.

For more information please CONTACT: Mrs. Chryssa Amanatidou, Group Corporate Affairs Director, Ph.: +30 2106156000, Fax: +30-2106106800, email: amanatidou@intralot.com

SOURCE: INTRALOT (www.intralot.com).

 

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Continued Digital Growth for Svenska Spel

VISBY, Sweden (July 19, 2019) -- The positive development continues for Svenska Spel's digital business. During the second quarter, there is also a recovery in customer growth and revenue compared with the beginning of the year. This shows Svenska Spel's interim report January – June 2019 which is presented today.

Net gaming revenues decreased during the second quarter to MSEK 2,039, which is two percent lower than the same quarter last year, but an improvement compared to the previous quarter. The net operating margin of 26 per cent is considerably lower due to the new gaming tax than in the previous year. With adjustment for gaming tax, it amounted to 45 percent (47).

The Sports & Casino business area - which operates on the new market for online gaming and betting - is increasing by more than five percent compared to the same quarter last year. The Tour business area declines by almost one percent, but this is a pick-up and stabilization compared with the previous quarter. The Casino Cosmopol & Vegas business area declines by almost 12 percent, and Vegas has the largest impact on net gaming revenues, which declines by SEK 37 million or almost 17 percent.

Svenska Spel's digital business is increasing by 14 per cent compared with the same quarter last year, of which mobile phone sales are increasing by just over 21 per cent. The digital deal now accounts for 35 percent of the Group's net gaming revenue.

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Svenska Spel's operations have stabilized after the transition to the new gaming market and we see a recovery in customer growth and revenues. The customers we lost at the end of the year in connection with the division of the Group and the transition to separate gaming accounts can now be found back to us. We are pleased that customers choose Svenska Spel because they appreciate our products and because it is safe and secure to play with us,” says Patrik Hofbauer, President and CEO of Svenska Spel.

The Sports & Casino business area has during the period, among other things, launched virtual sports, many new casino games and the Play Together service, where customers can buy shares for various sports games. With the ombudsmen, rollout of self-service has begun, a new service with touch screens where customers can fill in their sports betting via digital coupons and then pay at the checkout. The Tour business area has, among other things, launched a subscription to Eurojackpot and Vikinglotto. The Casino Cosmopol & Vegas business area replaced during the quarter 1,300 Vegas automatic dispensers with new ones that include a stronger consumer protection since Playscan's risk assessment is offered directly in the machine.

During the quarter, Svenska Spel's Research Council granted five million SEK to new research projects on gambling addiction. Svenska Spel has expanded the team that works with care talks, ie calls to customers with an identified increased risk behavior. The gambling index, which measures the proportion of Svenska Spel's customers who are aware of their gambling and make conscious choices, is at the high level 85 in the first half of this year.

It has been an intensive quarter in the new gaming market where the Gaming Inspectorate acted vigorously. This is positive for all Swedish consumers as it shows that consumer protection has been strengthened. As the entire Swedish people's gaming company, our vision is that games should be for everyone's pleasure. This means that our focus ahead is offensive, but with continued consideration of our customer,” says Patrik Hofbauer.

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Summary of the second quarter

  • Net gaming revenues for the Group amounted to SEK 2,039 M (2,082), a decrease of 2 percent.
  • Online continues to grow by 14 percent, of which the mobile phone increases by 21 percent.
  • Operating profit for the Group amounted to SEK 534 million (975), a decrease of SEK 441 million, of which SEK 381 million consists of gaming tax.
  • Profit for the Group amounted to SEK 417 M (973), a decrease of SEK 556 M, of which SEK 490 M consists of gaming tax and estimated income tax.
  • The operating margin (net) was 26 percent. With adjustments for gaming tax, the operating margin was 45 percent (47).
  • Launch of the Play Play service together where customers can buy shares for our various sports games
  • Eurojackpot and Vikinglotto are now also offered as a subscription service.
  • Via the ombudsmen's digital screens, a self-service service is now offered where the customer can fill in their sports game coupons digitally.
  • The roll-out of new Vegas automated machines with enhanced gaming responsibility has begun, about 1,300 out of a total of 4,400 have been replaced and everyone is to be exchanged at the end of the year.
  • Svenska Spel has been given new assignment goals for Casino Cosmopol and Vegas by the owner in terms of marketing and duty of care. In addition, the company has achieved new financial goals.

 

Summary of the January-June period

  • Net gaming revenue for the Group amounted to SEK 4,097 M (4,269), a decrease of 4 percent.
  • Operating profit for the Group amounted to SEK 1,053 M (2,118), a decrease of SEK 1,065 M, of which SEK 783 M consists of gaming tax.
  • Profit for the Group amounted to SEK 825 M (2,116), a decrease of SEK 1,291 M, of which 1,005 consists of gaming tax and estimated income tax.
  • The operating margin (net) was 26 percent. With adjustment for gaming tax, the operating margin amounted to 45 percent (50).

 

Here you can read Interim Report January-June 2019.

SOURCE:  Svenska Spel.

 

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SYNOT Games Obtains Certification for Portugal

BRNO, Czech Republic (July 22, 2019) -- SYNOT Games acquire another major certification, granting us access to the Portuguese iGaming market.

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As established content supplier, SYNOT Games will now be able to extend the market presence by partnering with Portugal’s leading operators.

The regulatory news comes after recent launches in Sweden and Denmark and outlines further expansion to south European markets expected in the upcoming weeks and months.

Portuguese market has gone live in 2017 and is in its third year of regulation under the Portuguese Gambling Inspection and Regulation Service (SRIJ).  Last year revenues in online gaming and betting amounted to an impressive €152.1m, meaning significant growth compared to the previous year.

Ivan Kodaj, CEO at SYNOT Games: „Portugal is another significant destination for SYNOT Games and marks our entry to the Iberian Peninsula. The certification underlines our commitment to further focus on expansion in regulated markets. We believe that our diverse portfolio will prove to be highly popular among Portuguese players.”

SYNOT Games is an established content supplier with a growing market presence, is licensed by the Malta Gaming Authority and certified in markets across Europe. The games are already certified in a number of jurisdictions including Spain, Italy, UK, Sweden, and Denmark. Our comprehensive portfolio boasts with more than 40 exciting titles and is available in 24 languages and live in over 70 casinos.

Learn more about the certified games or visit our game certification page.

SOURCE: SYNOT Games.

 

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Massachusetts Lottery Produces Estimated $1.092 Billion in Net Profit for the Commonwealth in Fiscal Year 2019, Establishing All-Time High

National Lottery week July 15-21 July 23, 2019

MASSACHUSETTS (July 23, 2019) -- Record-setting revenues result in largest commissions and bonuses for retailers and all-time prize payout for players

State Treasurer Deborah Goldberg announced today that the Massachusetts State Lottery produced an estimated $1.092 billion in net profit for the Commonwealth during the 2019 fiscal year that began July 1, 2018 and ended June 30, 2019.

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This is the highest net profit total in the Lottery’s 48-year history, surpassing the previous record of $1.039 billion set in the 2017 fiscal year.  Net profit for the 2018 fiscal year was $997 million, the third highest total.

Lottery revenues rang in at an estimated record high of $5.499 billion, surpassing the previous record of $5.292 billion set last fiscal year.  It is the fifth consecutive year that revenues have eclipsed the $5 billion mark.

Another net profit record is a proud achievement for the Lottery.  We continue to perform at the highest levels even as we face mounting challenges in today’s retail environment,” said Treasurer Deb Goldberg, Chair of the Massachusetts State Lottery Commission.  “This profit generates local aid, critical to every community across the Commonwealth.

While the FY 2019 figures have not been formally audited, the Lottery does not expect them to change substantially once that annual review process is complete.

Lottery officials anticipate completing the finalized financial statement of operations by mid-September.

The Lottery’s network of retailers earned an estimated $314.4 million in commissions and bonuses in FY 2019, also a record, surpassing the previous high of $303 million set in FY 2018.  With approximately 7,500 retailers, that amounts to an average of over $41,000 in income for each of the Lottery’s retail partners.

Contributing to FY 2019’s record-setting revenue figure were jackpot-driven sales of Mega Millions, the continued growth of Keno, and the consistent performance of instant ticket products.

Mega Millions sales increased 73.6 percent over FY 2018 to a total of $154.3 million.

This growth was largely fueled by a sequence of drawings in the fall of 2018 that culminated in advertised jackpots of $1 billion and $1.6 billion.

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Keno sales exceeded $1 billion for the first time since the launch of the game in 1993.  With an estimated total of $1.055 billion, Keno sales were up 5.8 percent over last fiscal year.  Sales of instant tickets increased 2.2 percent, ringing in at an estimated $3.673 billion, also an all-time mark.

The Lottery set another record by paying out an estimated $3.987 billion in prizes in FY 2019.  An estimated 72.5 percent of all revenue was returned to players in FY 2019.

Prize payouts can fluctuate from year to year based on the schedule or rate at which players cash in their prizes.  In FY 2019, Lottery players won 202 prizes valued at $1 million or more, including 26 prizes valued at $2 million or more.

The Lottery’s administrative costs remained approximately 1.9 percent of overall revenues, the lowest of any U.S. lottery.

Over the course of the 2019 fiscal year, the Lottery relocated its headquarters, converted to a new host system, and completed the process of replacing its 20-year old agent terminals, all on or ahead of schedule, and within budget.

Setting records across the board, while simultaneously executing multiple major operational transitions, is a testament to the devotion of our team and the cooperation of our dedicated retail partners,” said Michael Sweeney, the Lottery’s Executive Director.

These accomplishments are also the result of the thoughtful guidance provided by the Treasury and our commissioners.

The Massachusetts State Lottery was created in 1972 to generate local aid revenues for the Commonwealth’s cities and towns.

Since its inception, the Lottery has returned more than $27 billion in net profit to the Commonwealth. For more information about the state Lottery, please visit: www.masslottery.com.

SOURCE: The Massachusetts State Lottery.

 

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Maine Lottery sets records in Fiscal Year 2019!

Maine Lottery sets record for payouts to players, commissions to retailers and profit for the state's general fund More than $196 Million to Players; $19.5 Million to retailers; $62.6 Million to the General Fund.

HALLOWELL, Maine (July 23, 2019) -- Topping last year’s record numbers, The Maine Lottery has just closed its books on its best 12 months ever.

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During the 2019 fiscal year, ending June 30, the Lottery set records for sales, prize money, commissions to retailers and funds transferred to the state’s General Fund.

Players took home a record total, before taxes, of $196.8 million in winnings from the Lottery's draw, instant scratch and fast play games. Total lottery sales were nearly $300 million, with retailers earning nearly $20 million in commissions all-time high totals since the Lottery was established in 1974. Instant ticket sales totalled more than $224.6 million, also a record.

"We are very proud of the work we do to generate this important revenue while ensuring the integrity of the games and keeping responsible gaming at the forefront of what we do," said Gregg Mineo, director of the Bureau of Alcoholic Beverages and Lottery Operations. The $62.6 million in lottery money that goes to the General Fund supports important programs throughout the state and were very proud of that.

Here is a breakdown of the numbers:

  • General fund transfer: $ 62,675,109
  • Prizes paid to players $196,797,222
  • Commissions paid to retailers: $ 19,719,408
  • Instant ticket sales: $224,635,254
  • Draw game sales: $68,217,582
  • Total Sales: $299,451,696

 

About Maine State Lottery:

The Maine State Lottery was established in 1974 by Maine voters in a statewide referendum. Maine State Lottery proceeds benefit the General Fund. For information on lottery games and game draw results, visit mainelottery.com. Maine State Lottery officials encourage everyone to play responsibly.

SOURCE: Maine State Lottery.

 

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BCLC Releases 2018/19 Annual Report and Accountability Disclosure Reports

BCLC achieved $1.415 billion in net income on record revenue of $2.590 billion, an increase over last year of $15.5 and $87.6 million respectively

BC, Canada (July 18, 2019) -- BCLC has released three key reports highlighting its performance in fiscal year 2018/19 in the areas of financial results, service provider commissions and executive compensation.

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BCLC’s results demonstrate the organization’s commitment to deliver on its mandate: To offer socially responsible gambling entertainment to generate income for British Columbia. BCLC’s revenue continually assists community growth throughout the province by contributing to the improvement of essential services British Columbians rely on, including health care, education and community organizations.

BCLC achieved $1.415 billion in net income on record revenue of $2.590 billion, an increase over last year of $15.5 and $87.6 million respectively.

Full details of BCLC’s financial performance are in the 2018/19 Annual Service Plan Report.

The 2018/19 BCLC Gambling Service Provider Commissions Report details how BCLC calculates commissions paid to casino and bingo service providers and includes the amounts earned by service providers over the past fiscal year. The report also includes information about the new Operational Services Agreement.

BCLC is required to annually disclose all compensation provided to the CEO and the next four highest paid executives. BCLC’s 2018/19 Statement of Executive Compensation is also available on the Public Sector Employer’s Council Secretariat website.

Since 1985, BCLC has been helping communities grow. Thanks to players in B.C., more than $23 billion generated by gambling activities went back into health care, education and community groups across B.C. Learn more here.

SOURCE: BCLC.

 

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Texas Lottery Financial Operations Manager Receives Top Industry Honor

AUSTIN, Texas (July 24, 2019) – The Texas Lottery Commission today announced that Kelly Stuckey, the agency’s financial operations manager, was named a recipient of the 2019 Powers Award at the North American Association of State and Provincial Lotteries’ (NASPL) seminar, which is being held this week in Phoenix, Arizona.

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Kelly Stuckey

I want to congratulate Kelly on this prestigious honor,” said Gary Grief, executive director of the Texas Lottery. “Kelly strives for excellence in all that she does. Her careful attention to detail and job knowledge, as well as expertise of the gaming system and internal financial system, allow her to be proficient in her job duties. Kelly has been an integral part of the Texas Lottery’s success for many years, and she is very well-deserving of this year’s Powers Award.

Each year, the Powers Awards are presented in recognition of the significant contributions lottery and lottery vendor employees have made through exceptional job performance. These awards are named in honor of the late Edward J. Powers, the “Father of U.S. Lotteries.” Powers spent more than 25 years in the lottery industry helping to define the most effective organizational structures that have become a blueprint for today’s lotteries.

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The drive, commitment and integrity Powers demonstrated set the standard of excellence exhibited by lottery and vendor employees nominated for this award.

Stuckey joined the Texas Lottery Commission in December 2005 as financial operations manager. She is responsible for administering the daily operations and activities for budget, payroll, jackpot estimation, large winner payments and various financial analysis.

During her 13-plus years, Stuckey has served as the second in command for the agency’s Controller and is relied upon by many members of senior management for financial guidance.

About the Texas Lottery

Beginning with the first ticket sold in 1992, the Texas Lottery has generated $29 billion in revenue for the state and distributed $61 billion in prizes to lottery players. Since 1997, the Texas Lottery has contributed $23 billion to the Foundation School Fund, which supports public education in Texas.

As authorized by the Texas Legislature, certain Texas Lottery revenues benefit state programs including the Fund for Veterans’ Assistance. Since the first veterans’ themed scratch ticket game was launched in 2009, the Texas Lottery has contributed more than $117 million for programs supporting Texas veterans.

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

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

MEDIA CONTACT: Media Relations, T: 512-344-5131, E: mediarelations@lottery.state.tx.us.

SOURCE: Texas Lottery.

 

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Rothschild & Co Appointed to Advise 4th National Lottery Licence Competition

  • Gambling Commission appoints Rothschild & Co to engage parties interested in fourth National Lottery licence competition.
  • Executive Director and Commercial Director appointed to programme leadership team.

 

BIRMINGHAM, U.K. (July 22, 2019) -- The Gambling Commission has appointed Rothschild & Co as lead financial advisor for the fourth National Lottery licence competition.

Since its launch in 1994, the National Lottery has raised more than £40 billion for good causes, transforming lives through its contribution to the arts, sports, heritage and communities.

The current licence to operate the National Lottery expires in 2023 and the Gambling Commission is responsible for designing and running the competition to award the next licence.

The programme to award the next licence commenced in November 2018. Since then, the Gambling Commission has been carrying out global market engagement to help inform the design of the next licence.

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As the programme moves to the next stage of commercial engagement, the Commission has appointed Rothschild & Co as lead adviser in delivering the competition and to engage interested parties ahead of the official launch of the competition in early 2020.

Rothschild & Co join a team of advisors on the programme including EY who are supporting the commercial and competition design, Deloitte who are supporting policy development and licence design, and Hogan Lovells who are the Commission’s external legal advisors.

In July 2019, John Tanner joined the programme as Executive Director and Senior Responsible Officer (SRO), charged with leading the programme and delivering the competition. John joins from HM Revenue and Customs and brings with him a wealth of experience in managing high profile programmes and projects across government.

The Commission has also appointed Andrew Wilson to the role of Commercial Director. Working closely with the SRO and the team of advisors, Andrew will oversee a fair and competitive process for potential bidders.

The market engagement work undertaken so far has also included consulting with interested parties about key policy themes that will inform the design of the next licence and lead to a vigorous competition, one of which is the number of operator licences.

Following feedback from the market, it has been decided that the fourth licence should be awarded to a single licensee as that is considered the best way to serve the National Lottery and returns to good causes.

Edward Duckett, Managing Director, Rothschild & Co said: “The National Lottery is one of the largest and most successful lotteries globally and is of significant national importance. The competition for the 4th National Lottery licence is one which has the potential to generate interest from a wide range of national and international operators. We are delighted to have been entrusted by the Gambling Commission as their lead adviser to assist in delivering a successful competition for the fourth licence.

Neil McArthur, Chief Executive of the Gambling Commission, said: “The National Lottery is a national asset. We want to build on the tremendous success of the National Lottery and we are determined to run a fair and transparent competition process that maximises the opportunities for innovation and creativity whilst protecting the special status of the National Lottery.

John Tanner, Executive Director for the 4th National Lottery Licence competition, said: “I’m delighted to be leading the team that is working on this vitally important project.  We have already set firm foundations for the competition and I am looking forward to working with prospective bidders, stakeholders and all the members of our team as we build on those foundations to prepare for the formal launch of the competition at the end of March next year.”

About the programme’s advisors:

Rothschild & Co: Lead financial advisor for the 4th National Lottery Licence competition

Deloitte: Supporting on licence development and development of policy

EY: Supporting delivery of the licence competition, including development of the commercial strategy

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Hogan Lovells: Providing legal advice to the programme on key policy and commercial aspects of the competition and responsible for drafting the licence.

About John Tanner

John Tanner is a highly experienced project delivery profession with an extensive background in delivering major government projects across a number of departments, most recently HMRC and the Home Office. He is a graduate of the Infrastructure and Projects Authority’s Major Projects Leadership Academy.

John became the Executive Director and Senior Responsible Officer (SRO) for the 4th National Lottery Licence Competition (4NLC) in July 2019. In this role, he assumed overall responsibility for the competition including establishing governance, securing funding and engagement with DCMS to ensure the fourth licence competition is fair, open and robust while maximising innovation, creativity and utilising technological advancements.

Before joining 4NLC, John held leadership roles with HM Revenue & Customs, UK Home Office and the National Crime Agency focusing on the delivery of major programmes and transformation projects.

About Andrew Wilson

Andrew is a seasoned commercial director, strategist and architect with over 20 years’ experience in the definition and acquisition of business critical technical/service capability, both as a consultant, a service provider and a commissioner.

Andrew brings extensive commercial and technical expertise gained across the telecommunications, rail, health and utility industries, from hands-on operational engineering through to advising government on commercial structure and contracting strategies.

Before joining 4NLC Andrew held the role of Commercial Director for NHS Digital (an ALB to DHSC), prior to this Andrew was a partner in a successful management consultancy specialising in complex commercial transactions.

SOURCE: Gambling Commission.

 

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Gambling Commission: Gambling Online with Credit Cards

BIRMINGHAM, U.K. (July 24, 2019) -- Following a recent call for evidence on the issue of gambling online with credit cards, the Gambling Commission has confirmed it will be holding a twelve-week consultation to begin in mid-August.

One approach would be to ban gambling online with credit cards. However, the public and all other stakeholders will be consulted on other options, including restricting the use of credit cards. The Commission will then take the most appropriate course of action in view of any evidence obtained by this consultation, alongside data already submitted.

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The call for evidence, which the Commission launched in February, provided several key interest points around the use of credit cards to gamble online. These included:

  • Alternative forms of borrowing: if action is taken on credit cards alone then consumers experiencing harm may use other forms of borrowing to fund their gambling, such as overdrafts and loans. It is therefore vital that the financial and gambling sectors work to protect customers from harm where they gamble with other forms of borrowed money.
  • E-Wallets: where online gambling deposits are made through some e-wallets, operators have no means of knowing which method the payment originated from. Any future proposals would therefore require e-wallet providers to take the necessary action to support any regulatory measures introduced.
  • Further evidence: the Commission wants to obtain further evidence about consumers’ motivations for using credit cards to gamble, and any specific benefits of using them. The call for evidence highlighted very little in this regard. In aiming to prevent harm from gambling with credit cards, the Commission is clear that it must take account of the impact of a ban or restrictions on gamblers who are not experiencing gambling harms.

 

Paul Hope, Executive Director at the Gambling Commission, said: “Gambling with borrowed money is known to be a risk factor for consumers, so we think there is a need for action. This consultation will help us decide what that action should be.

SOURCE: Gambling Commission.

 

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Pariplay Granted Class II Gaming Licence in Romania

Licence enables games provider to distribute hundreds of game titles to the Romanian market through Pariplay FUSION™

GIBRALTAR (July 17, 2019) -- Pariplay Ltd., a gaming technology company serving iGaming operators, land-based casinos and lotteries, has secured a Class II gaming licence for online game content in Romania. Granted by the Romanian National Gambling Office (ONJN), the licence enables the B2B provider to supply the regulated Romanian market with a diverse portfolio of online casino games via the Pariplay FUSION™ aggregation platform.

Pariplay FUSION™ now grants Romanian operators access to a large, high-profile library of content, which comprises Pariplay’s own portfolio, as well as a large range of third-party suppliers.

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Featuring exclusive game content from major studios and boutique game developers alike, the platform boasts an array of innovative video slots, scratch cards, instant win titles and more, available for Romanian players to peruse. This includes the hugely successful titles Dragons Of The North, Jack In The Box and Gold’orado.

Further establishing its industry leadership role by extending its market reach, Pariplay’s presence in Europe’s regulated markets has recently seen its services go live in Sweden, Italy and Bulgaria. The revolutionary games supplier is also in the process of expanding into other jurisdictions, including Portugal, Denmark and Switzerland.

Richard Mintz, Commercial and Marketing Director at Pariplay, said: “Acquiring the Romanian gaming licence is another key milestone in Pariplay’s overall growth. With Pariplay FUSION™, which offers a seamless and simple integration, we’re able to equip our partners with edgy products and enhanced features to elevate players’ gaming experiences. We already have several key Romanian operators lined up for our custom-tailored aggregation services.”

About Pariplay Ltd. 

Pariplay Limited is a leading provider of Internet Gaming Systems, offering state-of-the-art, in-house developed gaming platforms and Internet games as well as integrated third-party games from leading industry companies. Founded in 2010, our team has over 70 gaming experts with offices in Tel Aviv, Israel, Sofia, Bulgaria, Gibraltar, Isle of Man and India, built to support our customers’ requirements in a dynamic and competitive environment.

The group is licensed and regulated by the Gibraltar Gambling Commission, Malta Gaming Authority, the UK Gambling Commission, and the Connecticut State Government’s Gaming Division. Our Gaming Systems, RNG and all games are certified and tested by the leading testing labs and meet the highest industry standards for online gaming testing and certification.

As a business-to-business provider of games of skill and chance, Pariplay fully understands the importance of responsible gaming and has implemented policies and tools within its systems and games to provide industry-leading entertainment in a socially responsible fashion. The system combines identity verification with age verification and geo-Location services to determine whether an individual meets the minimum age requirement and is playing within a specific territory. Pariplay has implemented multiple responsible gaming tools to meet different regulatory standards and have provided players with a sophisticated self-exclusion tool that offers them an easy way to manage their gaming habits.

SOURCE: Pariplay Ltd.

 

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Betgenius and Betfred Agree Long-Term Trading Partnership

Deal sees Betgenius trade in-play markets for major sports including the English Premier League, Football League and Scottish Premiership

UNITED KINGDOM, London (July 18, 2019) – Betgenius, the leading supplier of sportsbook content and trading services, has signed a major new deal with Betfred incorporating official data for all English and Scottish league football from the 2019/20 season onwards.

The five-year agreement sees Betgenius act as primary in-play trading partner for the major sports of football, tennis and basketball, across both retail and online.

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A key part of this service is live pricing on over 4,200 English and Scottish football fixtures per season, driven by official data from its exclusive agreement with Football DataCo, the data rights holder of all competitions organised by the English Premier League, English Football League and SPFL. The season officially began in the opening round of the Betfred-sponsored Scottish League Cup on July 12.

Betfred is the first major UK sportsbook to sign up to the new Betgenius-powered scheme for official UK football data, which can be supplied as a raw feed for customers to build their own trading models or as a fully-traded service.

Craig Reid, Group Trading Director at Betfred, said: “Providing our customers with a trusted, reliable and engaging service has been instrumental in helping Betfred grow its in-play sportsbook offering in the UK and Betgenius have helped us deliver that. We’re delighted to lock in some of the most important in-play content in the industry and look forward to continuing our relationship for the years to come.”

Matt Stephenson, Global Partnerships Director at Betgenius, said: “We’re thrilled to continue our decade-long partnership with Betfred. Their long-term commitment is recognition of our continued investment in product quality and innovation, with our market-leading in-play product for UK football, driven by official Football DataCo data, the latest example of that.”

SOURCE: betgenius.

 

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OLG Makes First-Quarter Payments To Gaming Site Host Communities

SAULT STE. MARIE, Ontario (July 19, 2019) -- Ontario Lottery and Gaming Corporation (OLG) issued the first-quarter (April 1 to June 30, 2019) non-tax gaming revenue payments totalling $44,399,230 to 28 communities which currently host gaming facilities.

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To date, host communities have received more than $1.6 billion in non-tax gaming revenue.

OLG has established tremendous partnerships with host municipalities and the revenue generated at these local gaming sites is helping to improve the quality of life for individuals and families right across the province,” said Rod Phillips, Ontario Minister of Finance.

These funds are invested in plenty of important projects, including much needed investment in local infrastructure, community programs and services, roads and public transit,” Phillips said.

These payments are made under an equitable formula that determines the funds communities receive for hosting a gaming facility and are based on a graduated scale of gaming revenue that is consistent across all sites in Ontario.

OLG provides the Ontario government with its largest source of non-tax revenue from Government Business Enterprises. In 2017-2018, this amounted to $2.49 billion.

OLG is a crown agency that develops world-class gaming entertainment for the Province of Ontario. Acting in a socially responsible way, OLG conducts and manages land-based gaming facilities; the sale of province-wide lottery games; PlayOLG Internet gaming; and the delivery of bingo and other electronic gaming products at Charitable Gaming Centres. OLG is also helping to build a more sustainable horse racing industry in Ontario. Since 1975, OLG has provided nearly $50 billion to the people and Province of Ontario to support key government priorities like health care; the treatment, prevention and research of problem gambling; and support for amateur athletes. Each year, proceeds from OLG’s operations also support host communities, Ontario First Nations, lottery retailers and local charities across the province.

All for Here – 100 per cent of OLG’s proceeds are invested in Ontario

CONTACT: OLG Media Relations, T: 1-888-946-6716.

SOURCE: OLG.

 

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