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The WEEK in REVIEW
Vol. 90 No.13 - Monday March 30, 2020


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International Game Technology PLC Announces
New Chief Financial Officer and
Changes to Board of Directors

 

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  • Massimiliano Chiara to join IGT as Executive Vice President and Chief Financial Officer;
  • Chiara also appointed to IGT's board of directors Beatrice Bassey appointed to IGT board as independent director
  • Paget Alves to step down from IGT board

 

LONDON, GB -- International Game Technology PLC ("IGT") (NYSE:IGT) today announced that Massimiliano ("Max") Chiara has been appointed Executive Vice President and Chief Financial Officer effective April 6, 2020. Chiara has also been appointed to IGT's board of directors effective as of the first IGT board meeting after April 6, 2020, or as of the 2020 AGM, if earlier and subject to shareholder vote.


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Tabcorp’s Lottery Products Are Not Covered by the COVID-19 Measures and Will Remain Open

MELBOURNE, VIC. Australia -- Tabcorp Holdings Limited (Tabcorp) notes last night’s announcement by the Prime Minister of Australia following a National Cabinet meeting which agreed on the closure of certain types of venues.


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Hoosier Lottery Adjusts Prize Payment Operations

INDIANAPOLIS – Effective 5:00 pm on Monday, March 23, 2020, the Hoosier Lottery prize payment offices located in Indianapolis, Mishawaka and Evansville will be closed to the public until further notice.


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Powerball® To Make Changes to Starting Jackpot Amount and Minimum Jackpot Roll Increases

LITTLE ROCK, Arkansas -- Today Bishop Woosley, director of the Arkansas Scholarship Lottery, announced the Powerball® Product Group is making changes to ensure the game continues to support good causes in all 48 U.S. lottery jurisdictions.


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EL Statement: Postponement of EL Seminars and Events

LAUSANNE, Switzerland -- Due to the recent outbreak and rapid spread of the Coronavirus COVID-19, the EL Executive Committee has taken the decision to postpone all EL seminars and events initially scheduled to take place in the period from present (11 March 2020) until 1 May 2020.


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Svenska Spel Commits SEK5m to Gambling Addiction Research

VISBY, Sweden -- It is now possible to apply for funding from Svenska Spel's independent research council for research on gambling addiction and preventive measures against gambling problems. A total of SEK 5 million is allocated and the application period extends through April 30, 2020.


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Coronavirus Concerns Leads to 11% Drop in Forecasted Global Gambling Revenues

BRUSSELS, Belgium – Global concerns about the coronavirus (COVID19) have led to a 11% drop in forecasted global gambling revenues in 2020* – with 2020 global gambling gross win downgraded from its pre-COVID19 forecasts of $473bn to $421bn (close to 2016 levels)


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Salsa Technology Serves Up A Half-Century of Providers on GAP to Consolidate Its Position as Best in LatAm

MONTEVIDEO, Uruguay - Salsa Technology, the leading omni-channel iGaming provider, has reached a half-century of providers on its Latin American market-leading Game Aggregation Platform (GAP)


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AGTech Holdings Limited: Final Results Announcement for the Year Ended 31 December 2019

HONG KONG, SAR -- Revenue of the Group for the year under review amounted to approximately HK$175.1 million (2018: approximately HK$168.6 million), representing an increase of approximately 3.9% over 2018


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Notice of the Ministry of Finance on Issuing a Budget for the China Lottery Market in 2020

CHINA -- Financial departments (bureaus): In order to support the prevention and control of epidemics, according to the "Lottery Management Regulations" and its detailed implementation rules, "Interim Measures for the Management of Lottery Market.


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Lotto NZ Will Continue Online During Lockdown

AUCKLAND, New Zealand -- Lotto NZ customers will still be able to purchase their tickets online during the lockdown period, however there will be no in-store sales.


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Bulgaria State Gambling Commission: Temporary Revocation of the Licenses of Eurofootball OOD

SOFIA, Bulgaria -- At its meeting held on 25.03.2020, the State Gambling Commission (SCC) decided on the grounds of Art. 85, para. 1, item 1 of the Law on Gambling to apply a compulsory administrative measure for temporary withdrawal of the licenses of Eurofootball Ltd.


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Lottery to Offer Retailers Reduction in Fees; To Redeem Large Prizes by Appointment

LITTLE ROCK, Arkansas – Per Governor Asa Hutchinson’s directives, the Arkansas Scholarship Lottery (ASL) will be suspending licensing fees for the 1,971 retailers in the state to ease their financial burden being felt due to the coronavirus pandemic


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European Gaming Set to Pioneer Virtual Conferences for 2020

BRUSSELS, Belgium -- European Gaming, Central Europe’s leading betting and gaming media platform, has unveiled plans to host the industry’s first virtual conference after announcing its MARE BALTICUM Gaming Summit and BGS Awards are to be postponed.


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Red Tiger Live with Svenska Spel Sport & Casino

MALTA – Slot titles from games and casino software developer Red Tiger are now available to players at Svenska Spel Sport & Casino.


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Australia Communications Watchdog Takes Action Against Commercial Broadcaster for Gambling Ads

SYDNEY, Australia -- The Australian Communications and Media Authority (ACMA) has taken action against free-to-air commercial broadcaster Nine Network for breaching gambling advertising rules during online streams of the 2019 NRL State of Origin.


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Enteractive Enters Brazil Through KTO Partnership

MALTA – Enteractive, the iGaming industry Reactivation specialist, has entered the Brazilian market for the first time after signing a deal to provide operator KTO with its (Re)Activation Cloud® platform.


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Loto-Québec Retailers and Kiosks Suspend the Sale of Lotteries

MONTRÉAL, Quebec, Canada – In light of the Premier’s press briefing today and in following with its commitment to abide by the measures issued by the Government, Loto-Québec is taking steps to suspend the sale of lottery tickets and to deactivate its sales terminals as quickly as possible


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