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The WEEK in REVIEW
Vol. 92 No.5A - Monday August 3, 2020

 

 

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IGT Drives Casino Hardware Innovation with Nationwide Launch of PeakSlant49 Cabinet

Proven Performer evolution Fortune Coin Boost!™ offered on best-in-class hardware

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LONDON, U.K. (July 29, 2020) /PRNewswire/ -- International Game Technology PLC (NYSE: IGT) today announced that its newest upright cabinet for casino gaming, the PeakSlant49™ gaming machine, has premiered at casinos throughout the U.S. The sleek, performance-driven cabinet is backed by IGT's engaging, player-tested content library and includes a range of innovative features that contribute to its remarkable player experience.

 

IGT PeakSlant49

 

"IGT's PeakSlant49 cabinet is a performance-driven hardware solution that is supported by an exceptional game library with marquee titles such as Fortune Coin Boost! and Bubble Blast slots, and is loaded with compelling technology that makes it attractive to our customers and their players," said Nick Khin, IGT Chief Operating Officer, Gaming. "As our customers look to IGT for technologies to re-engage their players, differentiate their casino floors, and ignite growth, the PeakSlant49 emerges as a cabinet that they can deploy with confidence given its research-backed design and quality game content."

The PeakSlant49 cabinet features a progressively curved, 49-inch, ultra-HD touchscreen display that offers players an immersive player experience with ideal game-viewing angles. The cabinet's innovative Dynamic Player Panel includes a 13.3-inch multi-touch display, inductive wireless charging pad and USB charging port for player convenience. Standing at more than six-feet tall, the PeakSlant49 is equipped with intelligent cabinet lighting and dynamic attract features that make the striking hardware a destination on the casino floor.

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The first IGT game title made available on the PeakSlant49 is the celebrated Fortune Coin Boost! video slot game. An evolution of IGT's award-winning and high-performing Fortune Coin game, Fortune Coin Boost! is a vibrant, multi-level linked progressive with a range of player-favorite mechanics. Other multi-level linked progressive IGT game themes slated for release on the PeakSlant49 include international sensation, Bubble Blast and the compelling Dragon Lights slots.

For more information, go to Facebook at facebook.com/IGT, follow us on Twitter at twitter.com/IGTnews or watch IGT videos on YouTube at youtube.com/igt.

About IGT

IGT (NYSE:IGT) is the global leader in gaming. We deliver entertaining and responsible gaming experiences for players across all channels and regulated segments, from Gaming Machines and Lotteries to Sports Betting and Digital. Leveraging a wealth of compelling content, substantial investment in innovation, player insights, operational expertise, and leading-edge technology, our solutions deliver unrivalled gaming experiences that engage players and drive growth. 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 approximately 12,000 employees. For more information, please visit www.igt.com

CONTACTS:

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: International Game Technology PLC.

 

 

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INTRALOT Signs Contract with Nederlandse Loterij

INTRALOT Orion, the next-generation sports betting platform, accelerates the retail transformation for Nederlandse Loterij.

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ATHENS, Greece (July 29, 2020) – INTRALOT announces that its subsidiary in The Netherlands, INTRALOT BENELUX BV, has signed a four-year contract, including an extension option of three years, with Nederlandse Loterij for the provision of its next-generation sports betting platform, INTRALOT Orion, to enable the operations and management of TOTO’s retail sportsbook. TOTO is one of the brands of Nederlandse Loterij and is dedicated to sports betting.

INTRALOT Orion, a shortlisted platform at the industry’s most prestigious awards GGA2020, provides hosting, maintenance, and support services of the sports betting solution, while enhancing the operation with its high-quality Managed Trading Services, land-based sales channel monitoring, and performance assessment.

A seamless digital sports betting experience

Nederlandse Loterij is the largest provider of games of chance in The Netherlands. One of our fastest growing brands is TOTO, the only legal provider of sports betting in The Netherlands. With INTRALOT Orion we are able to provide a seamless digital sports betting experience in retail, which meets the wishes of our TOTO customers and our retailers," said Bas van de Bunt, Director Business Transformation and Strategic Projects, Nederlandse Loterij.

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Long standing relationship

This contract extends the successful and nearly 12-year partnership between INTRALOT and the leading operator in the Netherlands,” said INTRALOT Group CEO, Dr. Chris Dimitriadis. “The success of Nederlandse Loterij over the last years has been particularly impressive and we are looking forward to continuing the delivery of our state-of-the-art technology and to contributing to the growth of Nederlandse Loterij and its yearly remittance to Dutch society.

“We are excited to continue our long-standing relationship with Nederlandse Loterij and celebrate today with our valued customer the successful inauguration and completion of various projects,” said Stergios Binopoulos, CEO of INTRALOT BENELUX BV. “We have worked together to launch many innovative and engaging products over all these years that have enhanced the Nederlandse Loterij offering throughout the Dutch gaming market and increased the support for the good causes. We can proudly continue along this mutually beneficial path.

About INTRALOT

INTRALOT, a publicly listed company established in 1992, is a leading gaming solutions supplier and operator active in 44 regulated jurisdictions worldwide. With a global workforce of approximately 3,800 employees in 2019, INTRALOT is committed to redefine innovation and quality of services in the lottery and gaming sector, while supporting operators in raising funds for good causes. Uniquely positioned to deliver state-of-the-art technology across geographies, the company has developed an advanced ecosystem that serves all verticals enabling the digital transformation of gaming operators and offering players an unparalleled gaming experience. INTRALOT has been awarded the prestigious Responsible Gaming Framework certification by the World Lottery Association and is certified under the WLA Security Control Standard. Visit us at www.intralot.com.

For more information please CONTACT: Ms. Chryssa Amanatidou, Group Corporate Affairs Director, Phone: +30 2106156000, Fax: +30 2106106800, Email: press_office@intralot.com.

SOURCE: INTRALOT.

 

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Kentucky Lottery Sales and Proceeds Set New Record in Fiscal Year 2020

 

LOUISVILLE, KY (July 29, 2020) -- The Kentucky Lottery Corporation has posted record sales and dividend numbers for FY20. These include:

  • Total sales of $1,203,442,000, which is $73.8 million (6.2%) more than the previous record set in FY19.
  • Cash transfers totalled $278.5 million, of which $271.4 million went to the General Fund to pay for college scholarships, grants and education programs, and $7.1M from unclaimed prizes to the KEES Reserve Fund. The General Fund transfers were $7.5 million and 2.8% more than last year.

 

Both of these numbers are record levels in the Lottery’s 31-year history.

These higher sales and transfers led to more funding for the college scholarships and grants paid for by Lottery proceeds, as acknowledged by Governor Andy Beshear in his July 22nd news briefing.

Now I know there’s people out there talking about taking a gap year about not necessarily moving forward with their education in the midst of this pandemic,” he said. “I would highly encourage you to make sure you were taking advantage of these programs with historic amounts of aid out there. Making sure we get a more educated and skilled population is one way that we also become stronger in and that if we ever see a pandemic like this again, we will not be hit as hard as we have been hit.

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Scratch-off tickets once again were the largest individual game category, finishing the year at $741.1 million. This is a $71.9 million (10.7%) increase from the previous year.

Internet lottery sales also showed significant growth throughout the year, due in large part to sales during stay at home orders as a result of the pandemic. iLottery sales finished FY20 at $45.0 million, an increase of $18.2 million (68%). Internet sales continue to be a modest amount of overall business, comprising 3.7% of total sales.

Kentucky’s venerable Pick 3 game posted the largest draw game dollar increase in sales, rising $17.5 million (11.7%) to $167.3 million. Pick 4 posted the largest draw game percentage sales increase for the year of 14.2%. That translated into sales for the game of $50.9 million, up $6.3 million from FY19. A pair of new draw games launched in FY20 – Fast Play and Cash Pop – accounted for $17.9 million in additional sales.

Keno sales saw a decline from last year’s record-setting pace. Sales for this game dropped by $5.4 million (6.4%) to $78.8 million. This was due in large part to more than 200 retailers who sold the game having to shut their doors in March due to the pandemic, combined with the shutdown of all Keno monitors across the state for close to two months to prevent social gathering.

The lack of large jackpots led to sales declines in the multistate Powerball and Mega Millions games. Powerball dropped $23.6 million (32.1%) to $49.9 million, while Mega Millions dropped $26.1 million (41.4%) to $37.0 million. For context, Mega Millions sales in FY19 were much higher due in large part to a world-record $1.5 billion jackpot in October 2018. Powerball sales in FY19 were also higher due to two large Powerball jackpots of over $600 million.

This was truly a successful year for not only the Commonwealth, but players and retailers as well,” said Kentucky Lottery Executive Vice President and Chief Financial Officer

Howard Kline. “Our players saw a record $801.2 million in prizes paid, while our hard-working retailers realized a record-setting $71 million in commissions. From a situation where things initially looked like they could turn bleak, we ended up with a win-win all the way around.

The start to the new fiscal year looks very promising, but we’re in uncharted waters,” said the Kentucky Lottery’s Interim President and CEO Marty Gibbs. “The continuing pandemic – and its effects on the economy – do create some level of uncertainty moving forward. We’ll continue to provide fun and entertaining games in a socially responsible manner nonetheless, as we know Kentucky’s college students are counting on us now more than ever.”

The Kentucky Lottery

The Kentucky Lottery has earned over $5.7 billion for the Commonwealth since 1989.  KLC dividends pay for college scholarships, grants and education programs. Visit kheaa.com to find out more about grants and scholarships paid for by the KLC.

SOURCE: The Kentucky Lottery.

 

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CIBELAE and the World Lottery Association Will Deepen Their Joint Work on Responsible Gambling and Safety

BUENOS AIRES, Argentina (July 28, 2020) – The executive directors of the World Lottery Association (WLA) , Luca Espósito Poleo, and of the Iberoamerican Corporation for State Lotteries and Gambling (CIBELAE) , Rodrigo Cigliutti, held a videoconference last Thursday, July 9, in order to consider different proposals collaborative work emphasizing issues of Corporate Social Responsibility, Responsible Gaming and Security.

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As a result of the meeting, the representatives of WLA and CIBELAE agreed to work together to encourage and encourage lotteries in the region to develop and train in the fundamental aspects that make certification in Responsible Gambling and Safety.

To advance this objective, both associations decided to put their respective technical committees and committees in contact with regard to Corporate Social Responsibility, Responsible Gaming and Technology.

During the last days of July, CIBELAE held meetings to introduce the institution's interlocutors with their WLA counterpart and outline the activities to be carried out in the coming months.

Initial meetings of the CIBELAE and WLA teams

On July 20, CIBELAE's executive management organized the first meeting between Diana Fusco, CIBELAE's coordinator of Corporate Social Responsibility and Responsible Gaming, and Sandra Conde, member of the WLA Responsible Gaming committee.

Likewise, continuing with the video calls modality, the Cibelae technical management organized a meeting on July 21 with Teresita Benítez, CIBELAE Technology coordinator, and Diego González, member of the WLA Security committee for the region.

Having held these initial meetings, the commissions will work internally on possible activities to be developed together.

SOURCE: CIBELAE.

 

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New Jersey Lottery Presents Bonus Check to Hudson County Retailer for Selling the $124 Million Mega Millions Jackpot Winning Ticket

TRENTON, NJ (July 28, 2020) – New Jersey Lottery Executive Director James Carey, today visited Brenda’s Inc. (also known as The Corner Store II) at 110 John F. Kennedy Blvd. in Bayonne, in Hudson County. Carey presented The Corner Store II’s owner, Vijaykumar Patel, with a ceremonial check for $30,000 representing the bonus commission the store receives for selling the winning Mega Millions jackpot ticket from the Friday, July 24, drawing.

 “Congratulations to The Corner Store II and owner Vijaykumar Patel for selling this winning ticket. The win has made this local retailer an immensely popular place. It will continue to be known around the country as a very “lucky Lottery store”, Carey said.

We are thrilled that the New Jersey Lottery brand can assist our State’s business owners, large and small, with brand building by offering Lottery products that encourage consumer traffic into their stores.”

The winning numbers for the Friday, July 24, drawing were: 08, 33, 39, 54, and 58. The Gold Mega Ball was 17. The Megaplier Multiplier was 03. The Mega Millions jackpot resets to $20,000,000 for the next drawing to be held Tuesday, July 28, at 11:00 pm. All New Jersey Lottery Mega Millions tickets must be purchased before 10:45 pm to participate in the drawing. Mega Millions tickets cost just two dollars; by adding the Megaplier option for an extra dollar per play, players can increase their non-jackpot winnings up to five times. Mega Millions tickets are sold in 46 participating jurisdictions. Drawings are held on Tuesdays and Fridays.

 

 

NJ Lottery | Mega Millions ‘Lucky Retailer’ Press Conference

 

After 12 rollovers and increasing jackpots, the long-anticipated "hit" happened in New Jersey and one retailer, Brenda's Inc. in Bayonne, is proud to be the “lucky location” that sold the Mega Millions winning ticket worth $124 million. New Jersey Lottery Executive Director James Carey presented the Brenda’s Inc. owner with a ceremonial bonus check for selling the winning Mega Millions jackpot ticket at this location.

SOURCE: New Jersey Lottery.

 

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Uzbekistan Begins Consultation on Launch of National Lottery

Uzbekistan (July 24, 2020) -- The Uzbekistan government has formed a “composition on the selection of a single lottery operator for the Republic of Uzbekistan.”

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Recently, the office of President Shavkat Mirziyoyev revealed that it had sanctioned a demand to be led by the Capital Markets Development Agency in developing a decree on the appointment of a national lottery operator and its governing frameworks.

Within its mandate, the agency has gathered key criteria from the Uzbek ministries for trade, foreign investment, treasury, sports, law, health and the Olympic Committee to “define the main tasks in the field of lottery organisation.”

Each department has submitted its demands and requirements on how Uzbekistan should organise and conduct lotteries, benefitting “socially significant projects,” in the areas of healthcare, sports education and culture.

Further input has seen all departments submit best practices on how to regulate “risk-based games using modern technologies.”

Within its decree, the Uzbek government outlines its main objective in developing a National Lottery operator that distributes “at least 60% of its proceeds from lottery tickets.”

Having gathered ministerial input, the Capital Markets Agency will now move to “determine the basic requirements for a single lottery operator as candidate.”

The decree’s formation carries significant political importance with Uzbek Prime Minister Abdulla Nigmatovich Aripov overseeing its development, led by Atabek Nazirov as Director-General of the Capital Markets Agency.

SOURCE: European Gaming.

 

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Ohio Lottery Reports Sales of $4.3 Billion with Profits of $1.13 billion for Education

CLEVELAND Ohio (July 27, 2020) – Ohio Lottery Director Pat McDonald announced the fiscal year ended with $4.3 billion in sales resulting in a $1.127 billion transfer to the Lottery Profits Education Fund, which supports K through 12, vocational, and special education programs in Ohio.

Ohio Lottery traditional sales, combined with video lottery net win, totaled $4.3 billion in Fiscal Year 2020.  Traditional sales of $3.47 billion were $111.5 million ahead of the previous fiscal year.

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The scratch-off category led with sales of $1.87 billion, an increase of $211.5 million over the previous year. Scratch-Off sales benefitted from an increased use of data analytics to help optimize game inventory levels, strategic product mix, and marketing support. The introduction of a new $20 holiday scratch-off also helped boost holiday sales, with the highest recorded weekly scratch-off sales ever recorded during Christmas week.

We saw negative impacts on sales in the last quarter of the fiscal year due the Coronavirus pandemic, which the gains in scratch-off sales helped to offset. Throughout the last year, the Lottery proactively utilized predictive modeling tools to optimize scratch-off inventory levels at retail locations. Similar to the rest of the industry, sales remained steady during this time due in part to the limited entertainment options available,” Ohio Lottery Director Pat McDonald said.

The gains in scratch-off sales helped balance the losses in other categories impacted by the Coronavirus pandemic. The Lottery’s KENO® category marked $439 million in sales, down by $14 million compared to the previous year.  KENO® is a staple entertainment option available at many restaurants and bars throughout the state and was impacted during the Stay at Home Order during the months of March and April.

VLT sales ended the fiscal year at $820.9 million, down $237 million from the previous fiscal year. Racino properties were closed from March until June due to the Coronavirus pandemic.

In April, the Lottery introduced Mobile Cashing through the Ohio Lottery app, allowing customers to cash winning tickets between $50 and $5,000 and have their winnings deposited into a bank account. The program offers a secure and easy way to cash winning tickets from home. To date, more than $21.6 million in prizes have been paid through the application.

All figures are preliminary and unaudited.  Audited figures are expected to be released in October.

Information on VLT revenue can be found HERE.

ABOUT THE OHIO LOTTERY:

The Ohio Lottery has contributed over $26 billion to education since 1974. For more information about the Ohio Lottery and its contribution to education, Click Here.

SOURCE: The Ohio Lottery.

 

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CT Lottery’s New "Fast Play" Progressive Game Creates First Jackpot Winner

Lucky three-number match with Progressive Jackpot Prize pays out $120,887

ROCKY HILL, CT (July 27, 2020) – That was fast! On July 25, just five days after the CT Lottery launched its new Fast Play "Jumbo Bucks" progressive jackpot game, one lucky ticket holder matched all three of their numbers within the same game and instantly won the $120,887 progressive jackpot.

The first $5 Fast Play top prize-winning ticket, which won 100% of the $120,887 jackpot, was purchased at Amodeo's Highland Package Store located at 642 Highland Avenue, Waterbury. Another lucky player won a smaller $16,317 jackpot on a $1 ticket on July 23.

A win on a $1 ticket equals 20% of the progressive jackpot; a $2 ticket win is equal to 40% of the progressive jackpot; and a winning $5 ticket gets 100% of the progressive jackpot.

“The Fast Play Progressive Jackpot games had a very successful first week, with better than expected sales,” said Greg Smith, President and CEO of the Connecticut Lottery Corporation.

“It was great to see two jackpot wins occur in the first week – one at the $1 price point, and the second a $5 price point win – allowing players to see how the jackpot grows and resets based on the amount of the win.  We are very happy for those lucky winners and look forward to seeing many more.”

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Fast Play progressive games are a series (or family) of games that all share the same name, appearance and playstyle, but are available at different price points (wager amounts).

The first family of games is “Jumbo Bucks,” and is available at the $1, $2, and $5 price points. There are no numbers to pick, no play slip needed and no drawings. Each game in a family contributes to ONE progressive jackpot that grows with ticket sales, until someone wins.

Fast Play tickets are printed on-demand from any CT Lottery retailer terminal or self-serve CT Lottery vending machine.

Players with winning Fast Play tickets have 180 calendar days from the date of purchase to collect their winnings.

For selling the $5 Fast Play jackpot-winning ticket, Amodeo's Highland Package Store will receive a $1,209 selling bonus from the CT Lottery.

The overall odds of winning a Fast Play "Jumbo Bucks Progressive" prize are 1 in 3.42. The odds of winning the progressive top prize are 1 in 166,666.67.  Odds vary by and during game. For more information on Fast Play, visit www.ctlottery.org/FastPlay.

About CT Lottery:

Lottery sales benefit Connecticut's residents in valuable ways. In fiscal year 2020, players won more than $822 million in prize money and Retailers earned more than $73 million in commissions.

At the same time, the CT Lottery provided $348 million to support the valuable services and programs funded by the state’s General Fund including public health, libraries, public safety, education and more.

Since the Lottery began in 1972, our contributions to the General Fund have exceeded $10 billion.

The CT Lottery reminds the public that purchasers must be 18 or older.  If you gamble, use your GameSense.  For information about the CT Lottery, stop by any CT Lottery retailer, visit CTLOTTERY.ORG, join us on Facebook (facebook.com/CTLottery), Instagram (Instagram.com/ctlottery), Twitter (twitter.com/ctlottery), or call (860) 713-2700.

SOURCE: About CT Lottery.

 

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Jackpocket Lottery App Partners with Sightline, Launches Play+ for App Users

Partnership Provides New, Convenient Payment Options for iLottery Players

NEW YORK, N.Y. (July 23, 2020) -- Jackpocket, the first third-party app in the U.S. to provide a secure way to order official state lottery tickets, and Sightline Payments ("Sightline"), the leading provider of cashless, mobile, and omni-channel commerce solutions, today announced their partnership integrating Sightline's Play+ seamlessly with Jackpocket's mobile user experience for playing the lottery.

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Lottery has traditionally been a cash-only industry, but Jackpocket, in partnership with Sightline, is redefining the paradigm and allowing the lottery patron to transact using modern electronic payment methods.

With Sightline's Play+, Jackpocket app users now have the option to fund an FDIC-insured account with numerous payment methods of their choice. Players can use their Play+ account to place ticket orders on Jackpocket for Powerball, Mega Millions, and more.

Play+ enables a cashless and seamless mobile commerce experience along with convenient access to winnings and the freedom to spend everywhere Discover® is accepted, including cash withdrawals at ATMs worldwide.

"The Jackpocket app broadens access to the lottery, which helps state lotteries drive incremental revenue benefiting critical state programs," Jackpocket CEO Peter Sullivan said. "We're proud to partner with Play+, a platform used by some of the biggest names in the gaming industry, and forward Jackpocket's mission to make the lottery more accessible and convenient to play."

The app's simple and secure ordering process attracts both longtime players and new consumers who otherwise would not be active lottery players. Sixty percent of current Jackpocket users are under 45 years old.

"In these unprecedented times, the demand for more cashless transactions by consumers is rapidly accelerating," said Marc Falcone, President & CFO of Sightline. "Play+ offers players a seamless and safe way to play the lottery from their phone on the Jackpocket app."

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A member of the National Council on Problem Gambling, Jackpocket also ensures player safety with consumer protections such as daily deposit and spend limits, self-exclusion, and in-app access to responsible gaming resources. The company is the first third-party lottery service to receive a responsible gambling certification from the NCPG's Internet Responsible Gambling Compliance Assessment Program.

About Jackpocket

Jackpocket is on a mission to create a more convenient, fun and responsible way to play the lottery. By being the first company to automatically lock a customer's account to their ticket serial number, Jackpocket makes the lottery even more secure. Jackpocket is currently available in Arkansas, Colorado, Minnesota, New Hampshire, New Jersey, Oregon, Texas, and Washington, D.C., and is expanding to many new markets. Download the app on iOS or Android and follow along on Facebook, Twitter and Instagram.

About Sightline Payments

Sightline was founded in 2010 and awarded Deloitte's prestigious Technology Fast 500TM in 2019. The company is leading the way in gaming to build the first truly cashless ecosystem with its flagship solution, Play+. Named "Most Innovative Gaming Technology Product of the Year", Play+ allows consumers a cashless and seamless mobile commerce experience for hospitality and gaming; including online, mobile, on-premise slots, table games, and sports. The Play+ digital platform is embraced by integrated casino resorts, sports betting and lottery platforms; including the largest and most well-recognized casino resort and sports betting brands in the world. Sightline is based in Las Vegas, Nevada.  Learn more at: www.sightlinepayments.com

SOURCE: Jackpocket press release.

 

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$729 Million Raised – A New Record -- for Education in North Carolina

RALEIGH, North Carolina (July 23, 2020) -- The N.C. Education Lottery raised $729.8 million to support education programs in North Carolina in fiscal year 2020.

The amount of money raised sets a new record, topping last year’s amount by $20.6 million, or almost 3 percent. On average, the lottery generated almost $2 million a day for education in fiscal year 2020, according to unaudited year-end results.

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“It’s more important than ever that our education programs get as much helps they can to achieve their mission,” said Mark Michalko, executive director of the Education Lottery.

“Our state was depending on the lottery for these education dollars. The money raised will do a lot of good. Thanks to all the North Carolinians who enjoy lottery games.”

The additional dollars support education programs in all 100 counties of the state, as determined each year by legislators in the state budget. The money raised helped:

  • Build and repair schools.
  • Make college more affordable through scholarships and grants based on financial need.
  • Support school systems with the costs of school workers and transportation.
  • Support the NC Pre-K, a free academic prekindergarten program for at-risk four-year-olds.

 

Retailers across the state also earned $209 million in commissions from lottery ticket sales, $10 million more than the year before. With 7,015 retail locations, the commissions play an important role in the state’s retail economy.

At the end of the year, the lottery’s total contribution to the state since inception in March 2006 exceeded $7.3 billion.

For more information please CONTACT: Van Denton, Phone: (919) 650-9409.

SOURCE: The N.C. Education Lottery.

 

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The Global Lottery Monitoring System Launch Betting Sponsorship Study

LAUSANNE, Switzerland (July 23, 2020) -- GLMS has published its first in-depth study: ‘A Study of Betting Operators and Their Sponsorship of Sport” exploring the impact of betting operators in their sponsorship of sports competitions and teams.

The study is based on GLMS methodology and includes recommendations for ensuring that betting sponsorship has only a positive impact on the health of sports.

A call to action

GLMS issues this study as a call to action in the face of a systemic global problem that, if allowed to continue, will be to the detriment of global society.

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The vision and mission of GLMS has been since 2017 to safeguard sport Integrity by developing a culture of Integrity and Social Responsibility through various activities in addition to detecting suspicious betting patterns. This includes advising regulators as to what provisions need to be introduced when it comes to legalising sports betting and protecting sports values and sustainable market conditions.

An in-depth look at the Asian betting market, betting operator sponsorships in sports and trends.

The study is based on a specific methodology and addresses trends in betting sponsorships, notably within football and basketball, toucing on other sports as well. A special focus is placed on the Asian Betting Market, its background, growth and the potential risks and threats.

The study takes into account the COVID-19 pandemic, which only highlights the need for more stringent regulation, ensuring that betting sponsorship remain only a positive impact on sports.

The study also looks at facts and figures in a number of countries in Europe, where betting sponsorship is particularly commonplace.

Regulations and recommendations

The study explores in a snapshot the existing regulations and legislations addressing betting sponsorship of sports, including the recently published UK House of Lords ‘Time to Act to reduce gambling-related harm’, as an illstration of the increasing focus being placed on this issue.

The study ends with a number of recommendations facilitating the safe practice of betting sponsorship of sports. While this study focuses on the impact of sponsorship and makes recommendations for regulating that element, it is also clear that the gaming industry as a whole is one that merits wider scrutiny from governments, investigative authorities, internet service providers, technology firms and many others besides. Today, some operators are able to layer their business interests to avoid infringement while simultaneously seeking to attract betting losses from some of the poorest people in the world. In the future, it is hoped that more efforts can be made across the breadth of society to curb these activities.

Read full report.

SOURCE: The Global Lottery Monitoring System (GLMS).

 

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New Hampshire Lottery Launches IWG Digital e-Instant Games

Company Showcases that Localized Games Resonate with Players

CONCORD, NH (July 23, 2020) – IWG, the leading supplier of digital e-Instant games, is now live in New Hampshire on the New Hampshire Lottery’s NeoPollard-provided iLottery platform. The first game to launch is New Hampshire Cash Expander, a localized title that tailors the Company’s popular Cash Expander mechanic specifically for New Hampshire players.

New Hampshire Cash Expander is built on IWG’s core “match three cluster” mechanic, which awards prizes when three of the same blocks are clustered together. Clustered blocks burst and additional blocks fall to fill the board, potentially creating additional wins. Players who reveal three gold, silver or bronze New Hampshire state symbols will activate the applicable expanding bonus game for an exciting, guaranteed win.

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New Hampshire Cash Expander is designed specifically for the New Hampshire Lottery’s player base in the Granite State. This custom title has been built in collaboration with the New Hampshire Lottery and will allow it to offer a game that will resonate with its local audience.

The launch marks the third instance of a localized variation of this digital e-Instant game appearing in the US iLottery market, following previous personalized versions in Michigan and Pennsylvania. IWG’s localized releases have proven hugely successful, with players appreciating the content that has been personalized for their own respective markets.

In addition to Cash Expander, the New Hampshire Lottery is planning to offer a full set of games from IWG. The New Hampshire Lottery selected IWG as a partner to enhance and expand NH iLottery following a competitive RFP process that awarded the company as a certified e-Instant game supplier.

IWG’s games will be a key factor in driving further revenues for education in New Hampshire, as New Hampshire iLottery has continued to demonstrate considerable growth. New Hampshire iLottery sales are currently up by more than 130-percent year-over-year. As NH iLottery approaches its second anniversary, more than 73,000 players have registered for iLottery accounts.

Rhydian Fisher, IWG CEO, said: “It’s so important that we work closely with the New Hampshire Lottery to optimize the games for its market, and New Hampshire Cash Expander is a perfect example of that. The New Hampshire Lottery did a tremendous job of allowing us to leverage the game’s previous success, while making it its own and customized for its players.”

Charlie McIntyre, Executive Director, New Hampshire Lottery, said: “One of the many qualities that IWG brings to the table is offering custom content specifically for lotteries. New Hampshire Cash Expander is our first localized game for players here in the Granite State, and we know it will be hugely popular. We’re excited to be launching additional content from IWG for years to come.”

SOURCE: IWG press release.

 

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AGA Commends Legislation to Eliminate Unnecessary Taxes on Legal Sportsbook Operators, Provide Needed COVID-19 Relief

WASHINGTON, D.C. (July 24, 2020) – American Gaming Association (AGA) President and CEO Bill Miller released the following statement on bipartisan legislation Reps. Dina Titus (NV-01) and Guy Reschenthaler (PA-14) introduced today to repeal the federal excise and head taxes:

The federal excise and head taxes levied on legal U.S. sportsbooks generate little meaningful revenue for the government. Instead, they place legitimate businesses at a significant competitive disadvantage against illicit gambling operations which skirt taxes and licensing fees. Though originally enacted in the 1950’s as a tool to curb illegal gambling, these antiquated federal taxes now give illegal operators a leg up.

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To absorb the unnecessary burden of these taxes, legal sportsbooks are forced to offer worse odds and payouts or reduce investment in promoting legal betting channels to the public. Furthermore, the head tax serves as an impediment to hiring at a time when providing jobs is critical.

I’m grateful to the Congressional Gaming Caucus’ Co-Chairs Reps. Titus and Reschenthaler for introducing this legislation today to provide regulated operators with meaningful relief as they recover from the COVID-19 sports shutdown. Eliminating these taxes is a long overdue step to enable a legal, regulated environment for sports betting that will better protect customers and generate much-needed revenue for state and local economies.”

Background

  • The Internal Revenue Code requires regulated sports betting operators to pay a 0.25% federal excise tax on all wagers, in addition to a $50 annual tax (“head tax”) for every employee engaged in receiving bets.
  • These taxes accounted for less than $33 million in federal tax dollars in 2019.
  • Sportsbooks operate with a very low margin even in the lowest-taxed jurisdictions. For example, Nevada sportsbooks’ revenue is typically 5 percent of the total amount wagered, before accounting for taxes and operator expenses.
  • AGA research released Tuesday found that consumers want to wager legally but are still confused about which options are safe and regulated. Educating consumers about their legal options is critical to bringing bettors into the legal, regulated market.
  • Miller encouraged Congress to repeal the excise tax in his testimony before the Senate Judiciary Committee on Wednesday.

 

SOURCE: American Gaming Association (AGA).

 

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JCM Global® and Cash Processing Solutions Enter into Partnership to Bring Complete Cash Handling Solutions to Casinos

LAS VEGAS, NV (July 27, 2020) – In a move that will bring further efficiencies and business intelligence to its customers, JCM Global® has selected Cash Processing Solutions (CPS) as their partner of choice. JCM and CPS executed a master distributor agreement which enables JCM to supply advanced high-speed count/sort equipment and cash management software in North America.

This partnership is the latest example of how JCM continues to expand their product offerings to benefit its customers, and it brings end-to-end cash handling for casino gaming.

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JCM will represent CPS’s software solution, ECM™ Edge, as well as its count sort machines, including the technologically advanced 7000i Edge™, V Edge™, and X Edge™. Combining CPS products with JCM’s ICB® Intelligent Cash Box and FUZION® systems, JCM now offers its customers a complete count room solution for more visibility over the operation, increased efficiency, and enhanced security.

“Combined, JCM and CPS have more than 125 years of experience in cash management solutions. Bringing this level of experience and integrating our technology portfolios together benefits JCM’s customers, allowing them to capitalize on the combined strengths of JCM and CPS, to save time, save money, and gain greater insights into their overall cash management operations,” said JCM SVP Operations, Sales & Marketing Dave Kubajak.

“CPS is delighted to partner with JCM as its master distributor in North America. This partnership is the result of JCM’s recognition of CPS’ investment in the multi-year development of its new software and hardware product solutions for the casino count room as well as it expertise globally in supplying Cash Processing Solutions for the Banking sector. The CPS suite of Casino Edge products, when integrated with JCM’s ICB and Fuzion systems, will redefine count room efficiency and provide a level of data granularity previously unseen in this sector,” said Darren Wick, Managing Director Americas for CPS.         

For more information about JCM’s award-winning products, visit JCM www.jcmglobal.com and join on Facebook, LinkedIn, and Twitter.

About JCM Global

JCM Global is one of the world’s leading transaction technologies supplier for the gaming, banking, kiosk, retail, and vending industries. With unsurpassed service and support, JCM is trusted by operators, manufacturers, and integrators on six continents. Its extensive line of award-winning products set global standards with ground-breaking peripheral transaction components to optimize your cash management. Please visit www.jcmglobal.com for more information.

About Cash Processing Solutions

CPS is the cash processing industry’s only independent global provider of end-to-end, data-driven cash management solutions, providing complete cash center and count room consultancy, data & software solutions and sophisticated cash sorting machines to central banks, commercial processors, casinos and retailers. Our integrated solutions enable our customers to have full control and visibility of their banknotes and crucially, own their banknote data, at all stages of the cash cycle and casino count.

Please visit www.cps.world for more information.

SOURCE: JCM Global press release.

 

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