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GTECH Announces Strong Second Quarter Results Company Increases
Free Cash Flow Outlook; Now Expects to Generate $210 Million to $230 Million in
Fiscal 2006
WEST GREENWICH, Rhode Island, USA
(September 23, 2005) -- GTECH Holdings Corporation (NYSE:
GTK) today announced second quarter earnings for fiscal year 2006, which ended
August 27, 2005.
GTECH experienced a significant
quarter-over-quarter increase in service revenues, despite difficult
comparisons due to the significant jackpot activity in the second quarter of
last year, said GTECH President and Chief Executive Officer W. Bruce
Turner. In addition, we clearly benefited from increased revenue
contributions from newer lottery service contracts such as Florida, Virginia,
and LILHCos Caribbean markets.
We are pleased with the continued
strength of our core lottery business, and we are excited about the
opportunities we see in each of the markets we serve, said GTECH
Senior Vice President and Chief Financial Officer Jaymin B. Patel.
Based upon our current outlook, we are confident we can achieve our
goals and objectives in the current fiscal year and beyond.
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Operating Results
Revenues for the second quarter of fiscal
2006 were $309.9 million, down 4.2% from revenues of $323.5 million in the
second quarter of fiscal 2005. Net income was $49.0 million, or $0.38 per
diluted share, compared to net income of $53.1 million, or $0.40 per diluted
share for the same period last year.
Revenues for the first six months of
fiscal 2006 were $636.3 million, up 5.4% over revenues of $603.7 million in the
first six months of fiscal 2005. Net income was $103.8 million, or $0.80
per diluted share, compared to net income of $106.7 million, or $0.80 per
diluted share for the same period last year. Net income in the first six months
of the prior year includes a one-time, after-tax gain of $6.9 million, or
approximately $0.05 per diluted share, associated with the sale of the
Companys 50% interest in Gaming Entertainment (Delaware) L.L.C.
Prior year earnings and dividends per
share reflect the 2-for-1 common stock split declared in June 2004.
Cash Flow and Investments
During the first six months of fiscal
2006, the Company generated $215.2 million of cash from operations. This cash
was principally used to fund $59.9 million of systems, equipment, and other
assets relating to contracts; to repurchase $32.1 million, or 1,326,100 shares
of the Companys common stock; and to pay cash dividends of $20.3 million.
At August 27, 2005, the Company had $167.8 million of cash and cash equivalents
and $236.2 million of short-term investment securities on hand.
At the end of the second quarter of fiscal
2006, the Company had no borrowings under its $500 million senior revolving
credit facility.
Financial Outlook
The Company provided guidance for the full
year and third quarter of fiscal 2006.
For the fiscal year ending February 25,
2006, the Company expects service revenue growth, over fiscal 2005 service
revenues, to be in the range of 10% to 12%, and product sales in the range of
$190 million to $210 million. The Company expects service margins to be
in the range of 40% to 42%, and product sale margins to be in the range of 38%
to 40%. Based upon this outlook, the Company continues to expect earnings
per share for fiscal 2006 to be in the range of $1.64 to $1.70 on a
fully-diluted basis.
Based upon the current operating outlook
and investment forecast, the Company now expects to generate free cash flows in
the range of $210 million to $230 million, prior to financing dividends,
potential stock repurchases, or acquisitions. This is approximately 15% higher
than previously anticipated. For the third quarter of fiscal 2006, ending
November 26, 2005, the Company expects service revenue growth, over service
revenues for the third quarter of fiscal 2005, to be in the range of 9% to 10%,
and product sales in the range of $30 million to $40 million. The Company
expects service margins to be approximately 40% and product sale margins in the
range of 38% to 40%. Accordingly, the Company expects earnings per share
to be in the range of $0.34 to $0.37 per share for the quarter.
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Business Highlights
During the second quarter, GTECH continued
to grow and defend its core lottery business.
Domestically, Washingtons Lottery
selected GTECH to negotiate a long-term contract for a new online and instant
lottery system, terminals, communications network, and ongoing services,
following a competitive procurement. Washington has been a GTECH customer since
1995. In Ohio, GTECH signed a two-year online/instant ticket system extension
and a separate two-year extension for the lease of Instant Ticket Vending
Machines (ITVMs). The Hoosier Lottery in Indiana signed a two-year lease
agreement with GTECH for approximately 700 ITVMs. Additionally, a three-year
contract was finalized in New Hampshire for 300 ITVMs. In both Indiana and New
Hampshire, GTECH provides field service for the machines.
Internationally, GTECH signed an
agreement, following a competitive bidding process, with the New Zealand
Lotteries Commission for a complete lottery system conversion to include a new
integrated online and instant lottery system and new terminals. GTECHs
joint venture in Thailand, LOXLEY GTECH Technology Co. Ltd., signed a five-year
agreement to provide equipment and services for a national online lottery in
Thailand. The Companys customer in Switzerland, Societe de la
Loterie de la Suisse Romande (LoRo), successfully negotiated a new
software/hardware maintenance and support services agreement, and a new
software license agreement with GTECH. In addition, the Company signed
its previously-awarded product sale agreement with LoRo for a new integrated
online and instant-ticket lottery system, Altura® terminals, and
communications network. In Germany, GTECH signed a five-year agreement to
provide ongoing software support and enhancements to Westdeutsche Lotterie GmbH
& Co. OHG (WestLotto), the operator of online and instant-ticket lottery
games in the German state of Nordrhein-Westfalen.
Organizacion Nacional de Ciegos Espanoles
(ONCE), the $3 billion lottery operated by the Spanish National Organization
for the Blind, will receive 5,000 additional handheld lottery terminals,
bringing the total handheld terminals ordered to approximately 24,000. GTECH
will also upgrade ONCEs central system hardware.
Following a competitive procurement, the
operator of the French National Lottery, La Francaise Des Jeux (FDJ), signed an
agreement with GTECH to receive a minimum of 575 ITVMs. Additionally, the
Company signed a separate agreement with FDJ to provide ITVM repair services
over an initial term of six years.
Other Business
Developments
During the quarter, the Company, which
presently owns approximately 63% of PolCard SA, entered into a share purchase
agreement with an affiliate of Innova Capital Sp. z o.o. to purchase additional
equity comprising approximately 12% of PolCard, for a purchase price of
approximately $21.5 million. This transaction is expected to close in the
Companys fiscal 2006 third quarter.
GTECH is a leading gaming technology and
services company. With more than $1.25 billion in annual revenues and 5,300
people in over 50 countries, GTECH provides integrated technology, creative
content, and business services to effectively manage and grow todays
evolving gaming markets. In targeted emerging economies, GTECH also leverages
its operational presence and infrastructure to supply commercial transaction
processing services. For more information about the Company, please visit
GTECHs website at http://www.gtech.com.
SOURCE: GTECH Corporation media release.
CONTACT: Robert K. Vincent, Public Affairs.

INTRALOT S.A. Announces Half Year Results 2005
ATHENS, Greece (September 27, 2005)
INTRALOT SA (RIC: INLr.AT, Bloomberg:
INLOT GA), the leading international gaming company, today announces its
financial results for the six-month period ending June 30th, 2005, prepared in
accordance with IFRS.
Consolidated Financial Statements For The 6 Months
Ended June 30th, 2005 |
| (in million) |
1H05 |
1H04 |
% Change |
| Revenues (Turnover) |
232.1 |
150.2 |
54.50% |
| Gross Profit |
106 |
82.8 |
28.00% |
| Gross Margin (%) |
45.60% |
55.10% |
-9.5pps |
| EBITDA |
84 |
63.9 |
31.50% |
| EBITDA Margin (%) |
36.20% |
42.50% |
-6.3pps |
| EBT |
84.9 |
61.5 |
38.10% |
| EBT Margin (%) |
36.60% |
40.90% |
-4.3pps |
| EAT (after minorities) |
41 |
37.9 |
8.40% |
| EAT Margin (%) |
17.70% |
25.20% |
-7.5pps |
Consolidated Revenues for the period
reached 232.1m, posting a 54.5% increase compared to 1H04. Revenues from
INTRALOTs International Subsidiaries amounted to 172.5m, a 74.3%
contribution to six-month consolidated sales, compared to 66.5m (or
44.4%) in 1H04.
EBITDA (Earnings Before Interest, Tax,
Depreciation and Amortization) increased by 31.5% to 84.0m, compared to
the same period last year.
Earnings Before Taxes (EBT) recorded an
increase of 38.1% y-o-y by reaching 84.9m compared to 61.5m in
H104. EBT margin settled at 36.6% in 1H05.
Finally, Earnings After Taxes and after
minorities (EAT-am) increased by 8.4% y-o-y to 41.0m from 37.9m in
1H04. EAT margin settled at 17.7% due to the increased contribution of full
operation projects, which carry lower margins than management projects.
The cash balance reached 109.4m in
1H05, while total bank debt was 42.4m (16.5m short-term and
25.9m long-term), shaping the net cash position at 67.0m.
Commenting on 1H05 results INTRALOTs
CEO, Constantinos Antonopoulos, noted:
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In the first half of 2005
INTRALOTs revenues and profits managed to grow despite the apparent
slowdown in Fixed Odds Betting offered in Greece and a difficult comparison
with 2Q04 considering INTRALOTs Global Betting operations due to the Euro
Football tournament that took place in June-July 2004. This indicates that the
INTRALOT Group has well diversified its operations globally both on a product
basis and a geographical basis.
Revenues from full operation projects,
the fastest growing sector of our business, contributed 44.2% to consolidated
revenues in 1H05 compared to 33.5% in 1H04, posting a 104.6% increase.
Moreover, we recently signed two (2)
new contracts: 1) with the Israeli National Lottery for the provision of a
system based on our new alternative channel B-ON platform and 2) with the
Egyptian Post Offices regarding the operation of an on-line payments system.
In addition, the INTRALOT Group acquired a betting operator in Poland. This
acquisition was in-line with the companys strategy to acquire companies
in an initial stage of development that offer significant potential synergies
with INTRALOTs know-how and market development strategy.
INTRALOT will continue to pursue
business opportunities around the world, a factor that will strengthen further
its global presence.
1H05 Highlights
- In Colombia the
company introduced football pools a few weeks ago, which is in a pilot-testing
phase. Since it is very early to draw conclusions regarding the games
penetration, we will revert to you on this project in the near future. The game
is offered through a 1,900 POS network initially, while the introduction of
fixed-odds sports betting will follow.
- In Moscow, Russia, the
company has started the installation of on-line terminals to operate and manage
the citys Lottery. Operations are expected to commence before the end of
the year.
- In Greece, INTRALOT
and OPAP agreed for a number of measures aiming to improve the competitiveness
of the fixed odds sports betting game Stihima. The agreement
includes increase of the payout, introduction of the Greek championship games
in the coupon, as well as additional betting and other events. Since mid-July
the target payout for the game has changed to 66%, from 60% previously. Results
from this change have been satisfactory up to now and are expected to limit the
games loss of market share.
- In Poland, INTRALOT
acquired Totolotek, a company that manages and operates Fixed-Odds Sports
betting in the country, with a network of 400 agencies and an approximate 33%
market share. The acquisition of Totolotek establishes INTRALOT as a major
player in Poland, a country with 40 million people, low per capita spending in
Betting games and significant growth potential. Expansion of the sales network
and upgrade of the technological infrastructure of the company will be the next
steps.
- In Egypt, INTRALOT has
signed a contract to install an on-line system and terminals in the Egyptian
Post Offices to offer on-line payment services. Egypt Posts have 3,400 branches
in the country and also act as a bank with 12 million active savings accounts
that correspond to more than 50% of the local market. Payment services are
expected to be offered through a network of 10,000 POS as the project reaches
full expansion.
- In Israel, INTRALOT
signed a contract with Mifal Hapayis, the Israeli National Lottery, for the
supply and maintenance of an interactive system based on the gaming platform
B-On, that provides access to the Lotterys customers through
alternative channels in on-line games. Initially, the Lotterys current
games will be offered, while in the future INTRALOT will also act as a content
provider to the lottery, expanding its portfolio of games.
About INTRALOT (www.intralot.com)
INTRALOT, a public company listed on the
ASE, is a leading supplier of integrated gaming and transaction processing
systems, innovative game content and value added services to state-licensed
gaming organizations worldwide. Its broad portfolio of products &
services, its know-how of Lottery, Betting & Video Lottery operations, its
experience in sports games and its leading-edge technology, give INTRALOT a
competitive advantage, which contributes directly to customers
efficiency, profitability and growth. With 33 subsidiaries, 8 business offices
and more than 1,800 people in 32 countries and revenues of 500 million
for 2005(E), INTRALOTs footprint straddles five continents.
SOURCE: INTRALOT media release. For
more information please CONTACT: Mr Elias Athanasiou, Investor Relations,
Phone:+30-210-6156000Fax:+30-210-6106800, email:
athanasiou@intralot.com.
Kentucky Lottery Releases Fiscal Year 2005 Audit
Results
LOUISVILLE, Kentucky, USA (September 23,
2005) -- The Kentucky Lottery Corporation
(KLC) board of directors learned during its meeting today the results of
the audit of the Corporations finances during FY 2005. Allen Norvelle of
Moore Stephens Potter LLC reported in FY 05:
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- Sales were $707.3 million;
- Gross profit was $196.4 million;
- Operating expenses were $39.3 million,
and;
- Payments to the Commonwealth were
$158.2 million.
These numbers correspond with preliminary
figures released by the KLC in July. The audit now goes to the
Commonwealths Auditor of Public Accounts for final approval and
distribution.
SALES DURING FIRST TWO MONTHS OF
FY O6 HIGHER THAN LAST YEAR
It was announced sales year-to-date
through the end of August have been $112.7 million. This is $3.1 million (or
2.9%) more than same period in the prior fiscal year. Instant ticket sales are
up $2.5 million (3.9%) year-to-date, and online sales have increased $683,000
(1.5%).
TENNESSEE LOTTERY IMPACT REVIEWED
Larry Newby, the KLCs manager of
research and planning, gave the board an update on the effect of the
Tennessee Lottery on sales during FY
05. Overall, Newby said $48 million in sales to Tennessee players was
lost in the 12 months from April 04 through March 05. This
translated into 6.8% of sales. Back in early 2003, the KLC had projected the
loss to Tennessee to be $48.4 million in FY 05.
Newby said the 16 Kentucky counties which
border Tennessee now account for 11% of all KLC sales. Prior to the start of
the Tennessee Lottery, these counties generated 17% of sales. Overall sales in
those counties dropped 33.6%, while sales in the rest of the Commonwealth rose
5.6%.
CONTRACT OF KLC PRESIDENT AND CEO
EXTENDED
Board members approved a two-year
extension to the contract of KLC President and CEO Arch Gleason. His contract
will now run through June 30th, 2010. The board also approved a 3.5% raise for
Gleason, which is the same as the average budgeted increase for all KLC
employees. His total compensation will now be $203,000.
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Arch has led the KLC
through a very difficult period, given the increased competition we have
faced, said KLC Board Chairman George Demaree. His
leadership has enabled us to maintain the commitment we have to our
states young people to help them go to college, and I look forward to
seeing him at the helm for years to come. (100% of KLC proceeds now
fund college grant, scholarship and literacy programs.)
OTHER BOARD ACTION
The board also approved:
- An outdoor advertising contract for
billboards in Paducah.
- A plan to replace the Lotto South game
with a new game tentatively called Win For Life in the
Spring.
- A computer leasing contract with
Pomeroy Computer Resources.
- The purchase of new ball sets for the
KLCs Pick 3 and Pick 4 game.
- Rules and regulations for 13 new
scratch-off tickets and 11 new pull-tab
tickets.
SOURCE: Kentucky Lottery media
release.
More Bang for Your Buck - OGT Acquires Exciting New
Marketing Partnership with the PBR®
SAN ANTONIO, Texas, USA (September 26,
2005) -- Oberthur Gaming Technologies
(OGT) brings North Americas fastest growing sport to the
lottery industry with Professional Bull Riders, Inc (PBR) branded
lottery tickets. OGTs newest marketing partnership allows Lotteries to
not only use the PBR brand, but its athletes as well, on lottery tickets
worldwide. Industry leaders saw a sneak preview from OGT at this years
North American State and Provincial Lotteries
(NASPL) Conference and Trade Show with a personal appearance by PBR star
B.J. Kramps, and the PBRs lifesize bull.
We are thrilled about our
partnership with the PBR, and about the sales growth it can bring to our
clients, said Carla Schaefer, OGTs V.P. of New Business
Development. Along with offering PBR merchandise and trips to PBR
events, Lotteries can add even more value by featuring hometown
riders on the tickets and bringing these riders to local events for meet
and greets.
Founded in 1992, PBR represents the
fastest growing sport in the USA with over 100 million viewers tuning in each
year. PBR events are in the top 20 markets in the USA alone. The organization
is unlike any other in that it is owned and operated by its athletes. Today
more than 600 bull riders from the USA, Canada, Mexico, Brazil and Australia
hold PBR memberships.
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About Oberthur Gaming Technologies
(www.oberthurgt.com)
With more than 35 years of
lottery-specific expertise and over a centurys experience in the security
printing industry, Oberthur Gaming Technologies is the worlds leader in
the printing of innovative instant lottery tickets. Comprehensive services
include strategic game planning and innovative conceptual design with
OGTs Dream Team, mobile gaming, Cyber Games as well as
state-of-the-art Global Operations and Lottery Distribution System (GOLDS). OGT
currently supplies a full range of high quality and innovative products and
services to 100 clients in some 50 countries. The company has production units
and offices in Montreal, Canada; San Antonio, Texas; Atlanta, Georgia;
Philadelphia, Pennsylvania in the U.S.; Paris, France; Vienna, Austria; and
Sydney, Australia.
About Professional Bull Riders,
Inc.
Over 100 million viewers tune in each year
to the PBR on NBC, OLN (Outdoor Life Network) and in Spanish on Telemundo. With
over 450 hours of prime time programming annually PBR ranks among the most
prolific sports on air, in addition to attracting over one million live event
attendees each year with its multi-tiered event structure which includes the
marquee Built Ford Tough Series presented by Wrangler, the U.S. Smokeless
Tobacco Company Challenger Tour, the Enterprise Tour, and the Humps N Horns
Tour, designed specifically for entry level contestants. The PBRs
founding members and governing board of directors is comprised of celebrated
bull riders of the past and present who have developed bull riding into a stand
alone sport which is experiencing unprecedented growth in global popularity.
The PBR is headquartered in Colorado Springs, Colo., and has over 600 athletes
competing in more than 100 PBR sanctioned competitions.
SOURCE: Lyse Trudel, Communications
Officer, Oberthur Gaming Technologies, (+1-514) 254-3600, ext. 101, Email:
lyse.trudel@mtl.oberthurgt.com.
For information: Liz Johnson, New Business Coordinator, Oberthur Gaming
Technologies USA, (+1-210) 509-9999, ext. 119.
Virginia Lottery Launches Industrys First MDI-licensed The
Apprentice Ticket
 |
| The Virginia
Lottery new $5 instant ticket offers players 16 chances to win, with a top
prize of $100,000. |
ALPHARETTA, Georgia, USA (September 23,
2005) -- The Virginia Lottery will debut
a new, reality T.V. based instant game, The Apprentice this
month. Virginia is the first state to launch the game featuring the extremely
popular Donald Trump and the hit reality show. The Apprentice is a recent
addition to the licensed product portfolio of MDI
Entertainment, a wholly-owned subsidiary of Scientific Games Corporation
(NASDAQ: SGMS).
The new $5 instant ticket offers players
16 chances to win, with a top prize of $100,000.
The Apprentice was the
first show of its kind in reality television and its popularity, especially
with advertisers, continues to rise each season. Donald Trump and his advisers
are instantly recognizable and a lottery ticket based on the show and its
larger than life star will stand out among any lotterys instant ticket
line up, said Steve Saferin, MDI president.
The Lottery is supporting this popular
property with a full TV, radio and POS campaign designed and produced by Barber
Martin Advertising, the Lotterys advertising agency. MDI supported
this campaign by securing featured scenes and images from the television show
as well as all approvals from Mark Burnett Productions and Donald Trump.
Our successful partnership with
the Virginia Lottery, Barber Martin, and Mark Burnett Productions will be
showcased with the launch of this exciting product, Saferin said.
The Apprentice show debuted in January
2004 and immediately became one of the most popular television programs among
the 18-49 age group, far outscoring every new series introduced that season.
The show also continues to deliver the strongest concentration on primetime
network television of upscale viewers in the same age group making $75,000 or
more.
Predicted to be equally as popular is the
fourth season of Donald Trumps now classic series and an already-planned
Season Five in the works.
About Scientific
Games
Scientific Games Corporation (www.scientificgames.com) is the
leading integrated supplier of instant tickets, systems and services to
lotteries, and the leading supplier of wagering systems and services to
pari-mutuel operators. It is also a licensed pari-mutuel gaming operator in
Connecticut and the Netherlands, and is a leading supplier of prepaid phone
cards to telephone companies. MDI Entertainment, a wholly-owned subsidiary
of Scientific Games Corporation, is the worldwide leader in licensed lottery
games and promotions.
SOURCE: MDI Entertainment media release.
CONTACT: Jeff Schweig, MDI, Phone: 678-297-5212.
Lottery Terminal AMBER Alert System Wins Diamond Award
TORONTO, Canada (September 21, 2005) --
Ontario Lottery and Gaming Corporation
(OLGC) today announced it has received a prestigious Diamond Award for its
partnership in Ontarios AMBER Alert program.
The award was presented at the Metro
Toronto Convention Centre on Tuesday night, September 20, during Showcase
Ontario 2005, a two-day educational conference and exhibition of government
programs that use innovative technology. Diamond Awards are bestowed in seven
categories by IT professionals and members of the public sector, and OLGC was
acknowledged for excellence in the Serving Ontarios Citizens
Better category.
Nothing could be more crucial
than the safety of our children, and we are delighted to be recognized for our
participation in AMBER Alert, said Alan Berdowski, Chief Marketing
Officer, OLGC. When we installed our
state-of-the art lottery terminals we engaged the talents of our IT personnel
to ensure that we were able to use our terminals in this socially beneficial
way.
Ontarios AMBER Alert is a warning
system generated by Ontario Provincial Police that quickly alerts the public
via Ministry of Transportation highway signs, radio and television broadcasts
that a child has been abducted, and is considered to be in imminent danger.
OLGCs partnership with AMBER Alert
means that potentially life-saving information is transmitted within minutes to
9,000 lottery terminals across Ontario. These terminals are displayed in
high-traffic locations such as convenience stores, gas stations, mall kiosks,
supermarkets and newsstands, greatly increasing the visibility of crucial
information about the abducted child to the public.
Ontario Lottery and Gaming Corporation is
the first Canadian lottery jurisdiction to use its lottery terminals to support
this child safety program. The new partnership represents the largest expansion
of the Ontario AMBER Alert Network since its launch in January 2003.
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The Ontario Lottery and Gaming Corporation
(OLGC) is an agency of the government that owns, manages and operates
province-wide lottery games, commercial and charity casinos and slot machine
facilities at horse racing tracks. OLGC joined the AMBER Alert program in April
2005.
For further information: Media Contact:
Teresa Roncon, OLGC Public Affairs, (416) 224-7034, Email:
Troncon@olgc.ca.
Problem Gamblers' Helpline Peluuri
Received More Calls Toll-Free
VEIKKAUS, Finland (September 19, 2005) --
Peluuri, the helpline for problem gamblers and their families and friends has
received more calls since it was made toll-free in mid-August. A total of 189
calls were answered in August, which meant a considerable increase over the
previous months. Ten callers a day receive help through the Peluuri service on
the average.
A large number of the people in need of
help have also found their way to the website of the Peluuri service (www.peluuri.fi). In August the number of
visitors on the website doubled, amounting to as many as 2,240 people
interested in the topic.
SOURCE: Veikkaus' eNews distributed by
Veikkaus Communications. For further information, please contact:
Communications Specialist Tuula Lehto, Email:
tuula.lehto@veikkaus.fi.
From Coast to Coast, JCM Has the Vending World Covered JCM to
Exhibit at Dr. Pepper Bottler Meeting, NAMA National
Expo
LAS VEGAS, Nevada, USA (September 27,
2005) -- JCM American is riding a wave of
success from the recent Global Gaming Expo and Amusement and Music Operators
Association (AMOA) International Expo, where the company unveiled its
breakthrough Optipay BV the first amusement bill validator with the
capability of accepting barcode coupons. Now, JCM will be exhibiting its
remarkable Optipay System at two upcoming automatic merchandising shows.
First, JCM will attend the Dr. Pepper
Bottler Meeting in Maui on September 27-29, where JCM will be in booth #23. JCM
will also exhibit at the NAMA National Expo in Atlanta on October 27-29, where
the company will be in booth #1032.
JCM VP of Commercial Sales Dave Elich
said, The Optipay system is in use and is experiencing tremendous
success in numerous installations around the U.S. We believe the system rushes
in a new era in the vending and amusement industries, and well be
carrying that message from coast to coast this fall.
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JCMs pioneering Optipay line of
products are paving a new future for the vending industry. The Optipay System
is equipped with JCMs Smart Pay technology that gives
operators and consumers more choices and more control over their transactions.
The Optipay System is the worlds first to validate as well as recycle
notes and coins. Optipay pays back exact change in bills and coins and is even
Palm-programmable.
About JCM
JCM American Corporation is the industry
leader in currency handling systems and provides products, software and
services to the gaming, vending, banking, amusement, and petroleum industries.
Since 1995, its products have validated an estimated $2.2 trillion in currency
for the gaming industry alone. From its international headquarters in Osaka,
Japan, and subsidiaries in Düsseldorf, Hong Kong, London, Sydney and its
U.S. headquarters in Las Vegas, JCMs progressive spirit continually sets
worldwide industry standards with innovative products such as the World Bill
Acceptor (WBA), Universal Bill Acceptor (UBA), Trident Table Safe System and
Intelligent Cash Box (ICB). For more information, visit
www.jcm-american.com.
SOURCE: JCM American Corporation media
release distributed by Steinbeck Communications. CONTACT: Paul Speirs, P:
702-413-4278, F: 702-233-3492, E: paulspeirs@cox.net.
Felix the Cat® is Purrrfect addition to MDI Portfolio of
Licenses, Lotteries are Excited to Add Felix to Bag of
Tricks
ALPHARETTA, Georgia, USA (September 27,
2005) -- The popular animated character Felix the Cat® is available to
state lotteries now that MDI Entertainment, a
wholly-owned subsidiary of Scientific Games
Corporation (NASDAQ: SGMS), has signed an exclusive agreement with
GoodTimes Entertainment for the rights to license the extremely popular
brand.
The new agreement gives lotteries the
rights to Felix and his friends names and likenesses for all lottery
games. It also gives lotteries the option to offer second-chance drawings for
sought-after Felix merchandise.
Felix joins a category of successful MDI
licensed lottery properties that includes Dilbert, Betty Boop, Pink
Panther, Underdog, Popeye® and Rocky and Bullwinkle.
Felixs winning
personality has boosted his popularity for decades and his image appeals to
people of all ages, said Steve Saferin, MDI president. His
cutting edge graphic style along with his secret Magic Bag of Tricks --
will attract both core and new Lottery players. The nostalgia and fun of this
game is perfect to add to any instant ticket line up.
Considered the original true movie cartoon
star, Felix first appeared in an early 1900s short film titled Feline
Follies and quickly rose to fame as a silent film star, starring in more
than 100 silent black and white films in theaters all over the world.
His fame brought him many firsts including
being the first ever image to be broadcast across television airwaves and in
1929, Felix was chosen by Charles Lindberg to be his lucky mascot on his
transatlantic flight. To this day, some of the most popular entertainment
celebrities Jennifer Aniston, Ethan Hawke, Christina Aguilera can
be spotted out and about in Felix wear, creating a buzz and making Felix
merchandise a must have around the
country.
About Scientific
Games
Scientific Games Corporation (www.scientificgames.com) is the
leading integrated supplier of instant tickets, systems and services to
lotteries, and the leading supplier of wagering systems and services to
pari-mutuel operators. It is also a licensed pari-mutuel gaming operator in
Connecticut and the Netherlands, and is a leading supplier of prepaid phone
cards to telephone companies. MDI Entertainment, a wholly-owned subsidiary of
Scientific Games Corporation, is the worldwide leader in licensed lottery games
and promotions.
SOURCE: MDI Entertainment media release.
CONTACT: Jeff Schweig, Phone: 678-297-5212.
Pennsylvania Lottery Chosen to Host NASPL 2008 International
Conference Conference Expected to Generate Millions in Revenue for the
State
| Advertisement |
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HARRISBURG, Pennsylvania, USA (September
29, 2005) -- Governor Edward Rendell today announced that the
Pennsylvania Lottery has been selected to
host the annual conference and trade show for the
North American Association of State and
Provincial Lotteries (NASPL) in September 2008. The conference will
be held in Philadelphia.
Pennsylvania has the finest
lottery operation in the country, and this conference will give us a chance to
showcase its many successes while giving visitors a glimpse of the beauty and
vitality of Pennsylvania, Governor Rendell said.
Conferences and conventions are a
vitally important component of Pennsylvanias $23 billion tourism
industry. They contribute an estimated $1 billion out of the $6 billion
that business travel contributes annually to our states economy.
That means hundreds of thousands of jobs for Pennsylvanians.
The 2008 NASPL conference and trade show
brings together the $45 billion North American lottery industry, which is
comprised of 50 member lotteries from the U.S., Canada, Mexico and the Virgin
Islands, as well as industry vendors and suppliers. NASPL estimates that
the three- to four-day conference will generate approximately $5 million for
the host state.
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Books, CDs Session Presentations
|
Books
& CDs Books and audio cassettes/CDs from several of the NASPL
2005 featured speakers are available on the NASPL05 website. Theres
a vast wealth of knowledge to be tapped here! Click Here:
http://www.naspl05.com/ Presentations
You can also download presentations to review some of your favorite
sessions or catch up on session that you may have missed! Click here:
http://www.mnlottery.com/naspl05/presentations.html |
This is the first time in 31 years that
the Pennsylvania Lottery has been selected to host a NASPL convention; Hershey
was the site for a smaller industry convention in 1977. The 2005 NASPL
conference was hosted by the Minnesota
Lottery and held in Minneapolis.
The Pennsylvania Lottery has just
completed its third year of double-digit sales growth. Pennsylvania
Lottery sales for the 2004-05 fiscal year exceeded $2.6 billion - a 12.45
percent increase over the previous year. The Pennsylvania Lottery was
number two in total growth among all U.S. lotteries in calendar year 2004 and
number one in instant game sales growth.
For more information on the Pennsylvania
Lottery, visit http://www.palottery.com.
SOURCE: Pennsylvania Office of the
Governor (http://www.state.pa.us
http://www.palottery.com) media
release. CONTACT: Kate Philips of the Pennsylvania Office of the
Governor, +1-717-783-1116 or Stephanie Weyant (Revenue), +1-717-787-6960.
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