Lottery Insider Banner

Want to know more than the headlines
Sign-up Now!

HOME

Search

Diary

Twitter

Breaking News

Advertising
Adwatch
Back Issues (Daily)
Bingo News
Classifieds
Daily News
Events Calender
Feature Articles
Internet Gaming
Links
Lottery Guide
Lottery Scams
Multistate Games
Patents
Products
Search
Statistics
Vendor News
Video Lottery
Back Issues (Weekly)
Whos Who
Wireless Gaming
Casino News
Sports Betting

NASPL STANDARDS INITIATIVE CERTIFICATION PROGRAM

Lottery Insights December Issue
Latest electronic version
of Lottery Insights

NASPL Matrix

NASPL STANDARDS INITIATIVE VERIFICATION PROGRAM

ACLEU Logo

Give Yourself The Edge

Logo


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





Vol. 79 No. 4 - Monday April 24, 2017


Stay Connected: Sign Up for Our FREE Weekly Newsletter

 

IGT Announce Agreement to Sell Double Down Interactive LLC to DoubleU Games as Part of New Strategic Partnership in Social Casino

logo

LONDON, UK (April 17, 2017) -- International Game Technology PLC ("IGT") (NYSE:IGT) today announced it has signed a definitive purchase agreement to sell its social casino subsidiary, Double Down Interactive LLC, to an affiliate of DoubleU Games Co., Ltd., a leading global social casino operator headquartered in Seoul, South Korea. The transaction establishes a new multi-year strategic partnership between IGT and DoubleU Games to provide innovative player experiences in the social casino market worldwide.

IGT is the global leader in gaming. We enable players to experience their favorite games across all channels and regulated segments, from Gaming Machines and Lotteries to Interactive and Social Gaming. Leveraging a wealth of premium content, substantial investment in innovation, in-depth customer intelligence, operational expertise and leading-edge technology, our gaming solutions anticipate the demands of consumers wherever they decide to play. We have a well-established local presence and relationships...

"Since acquiring DoubleDown in 2012, IGT has grown it into one of the largest and most successful brands in the North American social casino market," said Marco Sala, CEO of IGT. "After several years of strong, organic growth and increasingly attractive valuation levels, the time is right for us to maximize the value of this asset for our shareholders. We will continue participating in the growth of the social casino market through our multi-year, strategic partnership with DoubleU Games."

"This transaction represents a unique and value-accretive partnership combining the operational excellence of DoubleU Games with IGT's world class slot content," said Ga-Ram Kim, CEO of DoubleU Games. "With this partnership, we are excited and confident about DoubleU Games' future as a global leader in social casino."

Advertisement

The cash purchase price is $825 million, which represents 10.5x DoubleDown's full-year 2016 Adjusted EBITDA.

Proceeds from the transaction will be used for general corporate purposes, including debt reduction. IGT will provide an updated financial outlook that includes the full impact of this transaction in late May, in conjunction with its first quarter of 2017 results.

Upon the closing of the sale, the parties will enter into a game development, distribution and services agreement which will enable DoubleU Games to offer IGT's extensive casino game library on DoubleU Games' combined social casino platforms, in exchange for ongoing royalties to IGT.

The sale has been approved by the Board of Directors of IGT and the necessary governance body of DoubleU Games, and is subject to customary closing conditions, including regulatory approvals. The sale is anticipated to be completed in the second quarter of 2017.

The Raine Group and Credit Suisse International are acting as financial advisors to IGT, and Wachtell, Lipton, Rosen & Katz and Cooley LLP are providing legal counsel. Deutsche Bank is acting as financial advisor to DoubleU Games, and Kim & Chang and Morgan Lewis & Bockius LLP are providing legal counsel.

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 Interactive and Social Gaming. Leveraging a wealth of premium content, substantial investment in innovation, in-depth customer intelligence, operational expertise and leading-edge technology, our gaming solutions anticipate the demands of consumers wherever they decide to play. We have a well-established local presence and relationships with governments and regulators in more than 100 countries around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has over 12,000 employees. For more information, please visit www.IGT.com.

About DoubleU Games

DoubleU Games (KRX:192080) is one of the leading social casino gaming publishers based in Seoul, Korea. Founded in 2012, DoubleU Games is the only Asia-based social casino game operator among global top-tier players. For more information, please refer to www.doubleugames.com.

 

CONTACT:

 

Robert K. Vincent,

Corporate Communications,

toll free in U.S./Canada (844) IGT-7452; outside U.S./Canada (401) 392-7452

James Hurley,

Investor Relations,

T: (401) 392-7190

Simone Cantagallo,

Italian media inquiries,

T: (+39) 06 51899030

 

SOURCE: IGT.

 

Fastrak Lottery Services Banner

 

Hoosier Lottery Celebrates 25 Years of Powerball

Indiana man won the first Powerball jackpot

INDIANAPOLIS, Indiana (April 17, 2017) Hoosier Lottery is celebrating the 25th anniversary of Powerball with a thank you to players.

Indiana was the first state with a Powerball jackpot winner. To date, Hoosier Lottery has the most Powerball jackpot winners, with 39 Powerball jackpot hits in 25 years.

To celebrate, Hoosier Lottery is giving away Powerball tickets at select retailers on Wednesday, April 19. Beginning at 3:25 p.m. local time, the first 25 people to purchase a Powerball ticket at the specific retailers can draw a ball from a bag.

Advertisement

Each ball will be numbered 1-25, and the drawn number will be the number of free Powerball tickets the person receives.

One person at each location will receive 25 free Powerball tickets! The participating retailers are:

  • Hoosier Lottery Headquarters, 1302 N. Meridian St., Indianapolis, Indiana
  • Discount Food & Gas, 5750 25th St., Columbus, Indiana
  • Edco of Evansville, 2505 Stringtown Road, Evansville, Indiana
  • 7-Eleven, 25960 County Road 20, Elkhart, Indiana

 

Powerball history

Ticket sales for Powerball began April 19, 1992. The first Powerball drawing was on April 22, 1992, which is when a Hoosier from Brazil won $5,989,205.

When Powerball began, there were 15 participating lotteries, including Hoosier Lottery. Twenty-five years later, 47 lotteries sell Powerball, including 44 states, Washington D.C., the U.S. Virgin Islands and Puerto Rico.

In 1992, the starting jackpot for Powerball was $2 million. Today, the starting jackpot is $40 million.

Powerball by the numbers

Fun facts about Powerball:

  • Most commonly-drawn white ball numbers: 32, 16, 41, 40, 49
  • Most commonly-drawn Powerball numbers: 20, 2, 6
  • Largest Powerball jackpot: $1.586 billion on Jan. 13, 2016
  • Largest Powerball jackpot won in Indiana: $435.3 million on Feb. 22, 2017
  • Number of winners on the first Powerball drawing: 108,600

 

Overall Odds for Powerball are 1 in 25.

Click here to download the Hoosier Lottery Mobile App.

ABOUT THE HOOSIER LOTTERY: Hoosier Lottery distributions benefit every county throughout Indiana. The Hoosier Lottery contributes $30 million annually to local police and firefighters' pensions and $30 million annually to the Teachers' Retirement Fund. In fiscal year 2015, the Hoosier Lottery contributed $182.5 million to the Build Indiana Fund. To learn more about the Hoosier Lottery, visit www.hoosierlottery.com/givingback and follow on Facebook and Twitter.

CONTACT: Jerry Grider, Hoosier Lottery Sr. Manager of Public Relations, Email: jgrider@hoosierlottery.com, T: 317-264-4676 office.

SOURCE: The Hoosier Lottery.

 

 

Iowa Lottery Sets New Monthly Sales Record For Instant-Scratch Games

Scratch Sales in March Topped $23 Million, Beating Previous Record Set in March 2016

CLIVE, Iowa (April 13, 2017) -- The Iowa Lottery set a new monthly sales record for instant-scratch tickets in March, topping the previous record that had just been set a year earlier.

Advertisement
Scientific Games

Instant-scratch sales for March 2017 in Iowa totaled more than $23 million, which broke the lottery’s previous monthly sales record in those games of $22.7 million, set in March 2016.

“Scratch tickets were the first product introduced by the Iowa Lottery and they continue to be one of our top-selling items today,” said Iowa Lottery CEO Terry Rich. “We continue to work hard to keep a fresh mix of games on the market to give consumers choices and variety.”

The strong sales for the month were driven by the March 6 introduction of the lottery’s first $30 scratch game, “Ultimate Riches.” The new scratch game offers an extended-play style and prizes ranging from $30 up to $300,000.

Iowa scratch-game sales set an annual record during the last fiscal year of $233.7 million, and are running ahead of that pace in the first nine months of fiscal year 2017. 

Since the Iowa Lottery’s start in 1985, its players have won more than $3.8 billion in prizes while the lottery has raised more than $1.7 billion for state programs.

Today, lottery proceeds in Iowa have three main purposes: They provide support for our state’s veterans and their families through the Iowa Veterans Trust Fund; help for a variety of significant projects through the state General Fund; and backing for the Vision Iowa program, which was implemented to create tourism destinations and community attractions in the state and build and repair schools.

More Information CONTACT: Mary Neubauer, T: 515.725.7906, E: mneubauer@ialottery.com.

SOURCE: The Iowa Lottery.

 

 

Arizona Lottery Makes Historic $206 Million Transfer to State Beneficiaries

PHOENIX, Arizona (January 20, 2017) – From a milestone anniversary and new airport location, to the first-ever Arizona Cardinals Scratchers® and a billion dollar Powerball, the Arizona Lottery had a lot to celebrate in 2016. The biggest highlight of the year, however, is Arizona Lottery’s record breaking annual transfer of over $206 million back to the state of Arizona.

In fiscal year 2016 (July 1, 2015 to June 30, 2016), Arizona Lottery transferred more than $206 million to its beneficiaries—a 17% increase from fiscal year 2015, or nearly $30 million.

Through this record-breaking transfer, Lottery will continue to positively impact a variety of programs and organizations that serve diverse groups of Arizonans, such as foster children, the vulnerable, tribal students and more,” said Governor Ducey.

The transfer increase is a result of record-breaking sales driven by the largest Powerball® ever recorded, an incredible $1.586 billion. Consequently, Powerball was the most Googled term in 2016 producing international attention. The $1.586 billion jackpot generated over $85 million in sales in Arizona over the course of just nine weeks.

Advertisement
JUMBO

Proceeds from Arizona Lottery sales have a large economic impact as well. With three Top 10 Powerball jackpots in 2016 alone, lottery players and retailers got lucky. Here are the highlights:

  • 5th largest Powerball Jackpot reaching $487 million, resulting in $25.9 million in sales over a course of 12 weeks
  • 7th largest Powerball Jackpot reaching $429.6 million, resulting in $19.6 million in sales over a course of 8 weeks
  • Nearly half a billion dollars paid in prizes to Arizona players
  • Over $59.1 million in commissions to retailers

 

The growth we have seen in transfers to beneficiaries, commissions for retailers and prizes for players is an immense accomplishment for Arizona as a whole,” said Gregg Edgar, Executive Director of the Arizona Lottery.

Looking forward, we are strategizing various innovative ways to maintain, and even surpass these record numbers so Lottery can continue to deliver its products how our players would like, as well as transfer even more funds to our beneficiaries.”

The Arizona Lottery transfers dollars to 13 legislatively mandated funds that serve 18 beneficiaries. Funding supports organizations throughout Arizona in the areas of Arts and Education, Community Enrichment, Economic Development, Environmental Conservation, Health and Human Services and Public Safety.

SOURCE: The Arizona Lottery.

 

Kambi

 

GSA Brings Together Largest Online Gaming Companies to Collaborate on Its Third Party Interface Standard (TPI)

SAN GWANN, MALTA (April 17, 2017) - The Gaming Standards Association and GSA Europe gained significant support from online gaming companies for its work on a new standard, the Third Party Interface (TPI). The Online Gaming Committee (OGC) will enjoy wider membership participation to accelerate completion of the standard. This new standard, specifically for the online gaming industry, will simplify system integration between content providers and platform providers. Further, the TPI will reduce support costs by providing a single API, supported by GSA, avoiding multiple proprietary interfaces.

The Third Party Interface is the latest sign that GSA Europe and its members are fulfilling their mission promise to create practical solutions that address real issues facing suppliers, operators, and regulators in jurisdictions across Europe. GSA anticipates that TPI will be released before the end of 2017, after the completion of alpha testing.

Chris Hobbs, Director of Corporate Affairs, Microgaming, a GSA Platinum Member Company said, "We have evaluated the Third Party Interface standard and believe it has the potential to be a valuable tool for Microgaming. In particular use of the Third Party Interface should bring about a number of benefits, and we are looking forward to working within GSA's Technical Committee to help drive additional functionality in support of our business objectives."

Advertisement
Lottery Insights December Issue
Click here for the latest electronic version of Lottery Insights.

Francesco Rodano, Chief Policy Officer, Playtech added, "As a Platinum Member of GSA, Playtech has taken a leadership role in development of the Third Party Interface. This interface will simplify and expedite integration efforts with content providers as well as potentially reduce ongoing maintenance and support. We have been alpha testing this solution with very positive results and look forward to working within GSA's Technical Committee to continue driving additional functionality in support of our business objectives."

GSA's Third Party Interface standard is based on JSON and WebSocket technology and describes standardized interfaces between iGaming Platforms and Remote Game Servers, as well as Remote Game Servers and Progressive Jackpot Controllers. Additionally, the specification indicates how the URLs used to launch games on Remote Game Servers should be formatted. The specification fully supports online gaming operations that service multiple jurisdictions, allowing the activity associated with each jurisdiction to be easily isolated and reported separately.

Like all GSA standards, the TPI was created through collaboration between GSA member companies. There is a level of membership for every budget. Visit: www.gamingstandards.com to learn more. Join GSA as a member today and join GSA on LinkedIn, Twitter, and Facebook.

GSA Platinum members include: Aristocrat Technologies Inc.; International Game Technology (IGT); Konami Gaming Inc.; Microgaming; NOVOMATIC Gaming Industries Gmbh; Playtech, (PTEC.L), Scientific Games International (SGMS), & Sega Sammy Creation, Inc.

Other members include: Ainsworth Game Technology Inc.; Amatic Industries GmbH; APEX pro gaming; Appolonia; Ares Way; Atlantic Lottery Corporation; BHGLS Pty. Ltd.; BMM Testlabs; Casinos Austria; ComTrade Gaming; Combination AB; Crane Payment Innovations; DRGT Europe; eBet Gaming Systems Pty., Ltd.; European Casino Association; Everi; Foxwoods Resort Casino; Gamblit Gaming, LLC; Gaming Laboratories International, LLC. (GLI); Gaming Consultants International; Gaming Technologies Association; Gauselman GmbH; Ganlot; Grand Vision Gaming; House Advantage; Intralot S.A. (INLr.AT); Inspired Gaming Group Ltd.; Interblock USA; JCM Global; Loto-Quebec; Macao Polytechnic Institute; Macau Gaming Equipment Manufacturers Association; Manitoba Liquor & Lotteries Corporation; Maxgaming; Multi-State Lottery Association; Nidec Sankyo Corporation; Oregon Lottery; Paltronics Australasia Pty. Ltd.; Radical Blue Gaming; Random Consulting; RAY; Seminole Tribe of Florida; Seoul National University of Science & Technology; Smartgames Software Hardware Systems Holdings Ltd.; Sightline Payments; techno-consult GmbH; U1 Gaming; TNDR, Inc.; Universal de Desarrollos Electronicos, S.A.; UNLV International Gaming Institute; Western Canada Lottery Corporation.

SOURCE; Gaming Standards Association.

 

 

Neopollard Interactive and Michigan Lottery Achieve iCAP Recertification

logo

LANSING, Michigan (April 17, 2017) -- NeoPollard Interactive LLC (“NeoPollard Interactive”) is pleased to announce that it has achieved Internet Responsible Gambling Compliance Assessment Program (iCAP) recertification by the National Council on Problem Gambling (NCPG). The company also congratulates the Michigan Lottery on the successful renewal of its iCAP certification, which reflects the Lottery’s dedication to the best interests of its players.

NeoPollard Interactive and the Michigan Lottery were the first U.S. vendor and lottery to achieve iCAP certification in October 2015, after collectively meeting the NCPG’s stringent 30-point evaluation criteria of the Lottery’s online gaming solution and robust responsible gaming controls. The first program of its kind in the U.S., iCAP provides vendors and operators with an independent assessment of responsible gaming policies based on standards and best practices from jurisdictions around the world. This assessment goes beyond the requirements of individual states to ensure that lotteries and vendors comply with the highest standards, as identified by the NCPG.

We commend NeoPollard Interactive and the Michigan Lottery on their successful iCAP recertifications,” said Keith Whyte, Executive Director, NCPG. “Problem gambling is an issue that concerns not only lotteries, but vendors as well. These recertifications demonstrate leadership and a commitment in protecting players who choose to play the lottery on the Internet through socially responsible gaming procedures.”

Advertisement

We are very pleased that our iCAP certification has been renewed with the National Council on Problem Gambling,” said Doug Pollard, Co-Chief Executive Officer, NeoPollard Interactive. “Responsible gaming is a constant consideration for lotteries, particularly in the world of online gaming. Our iCAP recertification emphasizes NeoPollard Interactive’s commitment to responsible gaming practices that maximize lottery sales while also ensuring that players remain within their limits.”

Ilan Rosen, Co-Chief Executive Officer, NeoPollard Interactive added, “The nature of technology provides ample opportunities to create informed players and discourage unsafe wagering or play behaviors. Our iLottery 360° Solution™ incorporates state-of-the-art responsible gaming controls to help lotteries minimize risk while protecting the interests of their players.”

Established in 1972, the NCPG is a non-profit organization that leads state and national stakeholders in the development of comprehensive policy and programs for problem gamblers and their families.

About NeoPollard Interactive

NeoPollard Interactive LLC (“NeoPollard Interactive”) was established on July 31, 2014 and is jointly owned by two of the world’s most trusted and reputable companies in lottery and Internet gaming—Pollard Banknote Limited (“Pollard Banknote”) and NeoGames S.A.R.L. (“NeoGames”). NeoPollard Interactive combines the marketing expertise and extensive worldwide lottery experience of Pollard Banknote with the proven leadership and technology of NeoGames in launching new online and mobile gaming products and services in response to an ever-evolving marketplace. The company leverages the strengths of each partner company to develop, implement, operate, and maintain innovative online gaming services for regulated lottery clients in order to generate revenues for good causes.

For more information about Neopollard Interactive, CONTACT:

 

Doug Pollard

Co-Chief Executive Officer

Telephone: (204) 474-2323

E-mail: doug.pollard@neopollard.com

Ilan Rosen

Co-Chief Executive Officer

Telephone: +356-2-2494832

E-mail: ilan.rosen@neopollard.com

 

SOURCE: NeoPollard Interactive LLC.

 

GLI Banner

 

Kansas Lottery Players Enthusiastic about New Players Loyalty Program

TOPEKA, Kansas (April 13, 2017) -- Players are enthusiastically taking advantage of their ability to “PlayOn” with the Kansas Lottery. The Kansas Lottery’s new PlayOn® Players Loyalty program has now reached a milestone of more than 100,000 members.

Launched at the end of January, PlayOn lets players submit their winning and non-winning tickets to earn points which can be redeemed for drawing entries for a chance to win cash and other prizes.

Advertisement
Smartplay

Just last week, four players each won $2,500 cash in the first PlayOn Quarterly Drawing. Players can also enter second-chance drawings through PlayOn, and the program features an easy-to-use free mobile app.

PlayOn has been a good addition to the Kansas Lottery,” said Terry Presta, Kansas Lottery Executive Director. “We’ve seen a steady increase of members engaging in the new program and we really believe it adds fun and excitement via the many more ways it offers players to WIN prizes and big bucks.”

PlayOn members have already submitted more than a million tickets. Super Kansas Cash tickets lead the way with more than 117,000 tickets submitted, followed by Powerball, $2 Double Bonus Crossword, Mega Millions and Hot Lotto.  Through the end of May, PlayOn members are receiving triple points for the submission of $1 and $2 Veterans tickets.  Players can also earn points just by participating in fun activities. 

It’s easy to join PlayOn. Download the free PlayOn mobile app from the App Store or Google Play, or click on PlayOn on the Kansas Lottery website to access the program with a computer.

PlayOn® is a registered trademark of Pollard Banknote Limited used under license

CONTACT: Sally Lunsford, T: (785) 296-5708, E: sally.lunsford@kslottery.net.

SOURCE: Kansas Lottery.

 

 

Sugal & Damani to Share Its Experience on Transformation at APLA

GURGAON, India (April 12, 2017) – Asia Pacific Lottery Association (APLA) is conducting a special 2-day Seminar in Chengdu, China from 24-27 April 2017 Seminar on theme “Lottery Today: To Transform or Be Disrupted

Mr Kamlesh Vijay
Sugal & Damani Group CEO, Mr. Kamlesh Vijay

Sugal & Damani Group CEO, Mr. Kamlesh Vijay is invited as a speaker and would be   participating in the “Panel Session 3: Regulation & Legislation – How can they help with the Transformation?”  The session will be held on April 25th, 2017 at 3.30pm.

Mr. Kamlesh Vijay, commented, “We have gone through several stages of transformation in India and other emerging markets. It is now a continual evolutionary process and Regulators play a key role in it. Rapid technology advancements and social changes are constantly shifting the paradigm of our business across multiple stakeholders. As a well-knit regional community we have rich experiences to share and it’s always been our pleasure to associate with APLA conference and seminars. This year’s topic is quite special and important for the future of our industry and more specifically for the emerging markets and therefore I look forward to sharing of our ideas and experiences in transforming Lottery and Gaming landscape.

 

Event: APLA/WLA Seminar

Website: www.asiapacific-lotteries.com

Venue: Chengdu, China 24 - 27 April 2017

 

About Sugal & Damani Group:

Sugal & Damani Group is a 45 year old privately held business conglomerate with revenues of $2 billion and presence in 3 continents. It is the parent organization of leading Lottery and Gaming technology provider SKILROCK TECHNOLOGIES. The group is also the largest state government lottery operator in India and runs the second largest commercial services business "Payworld" with 65,000 retail touch points along with having diverse business interests ranging from real estate to power generation to stock broking and more.

For further information or assistance please CONTACT: Sourabh Goyal, T: +44 (0) 20 3286 7878 / +91 8826 315550, Email:  sourabh.goyal@skilrock.com, website: www.skilrock.com.

SOURCE: Sugal & Damani Group.

 

 

Greentube Launch Games with Las Vegas Casino Hungary

Hungary’s first licensed online operator – Las Vegas Casino – is now offering world-famous NOVOMATIC games portfolio”.

VIENNA, Austria (April 2017) -- Greentube, the NOVOMATIC Interactive division, today launched its most popular casino slot games with online gaming operator Las Vegas Casino.

Advertisement

Greentube is now offering Hungarian players NOVOMATIC’s land-based games and other high performing games from a select range of NOVOMATIC game design studios via the first licensed online casino in Hungary.

NOVOMATIC’s renowned blue chip games Book of Ra™, Lucky Lady´s Charm™, Sizzling Hot™ deluxe are amongst the most prominent titles now available on www.vegas.hu with immediate effect.

Gernot Baumgartner, Greentube Head of Marketing & Sales, commented: “We are very happy to announce our successful games launch in the Hungarian Online Gaming market with our partner Las Vegas Casino.

Players will from now on not only be able to enjoy the most popular NOVOMATIC titles on the Casino floors of LVC, but also in an Omni-channel environment via PC and mobile devices.

Samuel Falconello Jr, Executive Director of the Las Vegas Casino Group, added: “We are very excited about our partnership with Greentube, which will add its superior content to our premium portfolio. We believe that with the deep industry knowledge and market expertise of Greentube, we will be able to satisfy local demand even better, and provide our players with the grandest and most enjoyable gaming experience.”

SOURCE: Greentube.

 

 

Tennessee Lottery’s 3rd Quarter Proceeds for Education 2nd Highest to Date

NASHVILLE, Tennessee Education (April 17, 2017) -- The Tennessee Education Lottery Corporation announced today the second highest quarterly return to education since it began Jan. 20, 2004. The period from Jan. 1, 2017, through March 31, 2017, produced $104.3 million for education, bringing the total raised for Lottery-funded programs to nearly $4.1 billion.

The quarter also saw a new record for instant game sales set in March. That month’s instant ticket sales of $140.7 million topped the previous monthly instant sales record of $126.6 million, set in March 2016. This is an increase of $14.1 million, or 11.2 percent.

Advertisement

More than 120,000 students benefit each year from Lottery-funded programs, and more than one million Lottery-funded grants and scholarships have been awarded since 2004. In addition to the educational beneficiaries, players have won more than $11.3 billion in prizes and Lottery retailers have earned more than $1 billion in retailer commissions since inception.

The number of education programs funded by the Tennessee Lottery continues to grow, as does the number of students who benefit each year,” said Rebecca Hargrove, President and CEO. “We remain committed to this ongoing success, and we thank those who have helped make this possible.”

About the Tennessee Education Lottery

The Tennessee Education Lottery Corporation operates entirely from the revenue it generates through the sale of its products. Since January 20, 2004, the Lottery has raised more than $4.1 billion to fund designated education programs, including college grants and scholarships, after-school programs and Tennessee Promise.

For additional information, visit tnlottery.com and follow us on Facebook, Twitter & Instagram. Have Fun. Play Responsibly. For more information, please visit: www.tnlottery.com.

CONTACT: Kym Gerlock, T: 615-324-6556, E: kym.gerlock@tnlottery.com.

SOURCE: The Tennessee Education Lottery Corporation.

 

 

Idaho Lottery Launch Eclipse Cash Scratch Game to Commemorate Solar Eclipse in August

BOISE, Idaho (April 17, 2017) -- Hundreds of thousands of star gazers across Idaho will turn their attention towards the heavens on Monday, August 21, 2017 to witness a once-in-a-lifetime cosmic phenomenon – a total solar eclipse.

Classified Advertisement
La Fleur Lottery Symposium

With Idaho serving as one of the best viewing places in America to witness this celestial showpiece, the Idaho Lottery has caught a little “solar eclipse fever” and is commemorating the event with an out of this world Scratch Game called Eclipse Cash.

The Idaho Lottery is always working to stay topically relevant to what’s taking place in and around Idaho,” said Jeff Anderson, Idaho Lottery Director.

Eclipse Cash is a thematically timely ticket that will capture the significance of this historic event that last occurred in Idaho a century ago.”

With the solar eclipse only four months away, the Idaho Lottery launched Eclipse Cash on Monday, April 17, 2017.  The $5 game itself dazzles like the Milky Way on a clear, warm summer night and carries a two astronomic top prizes of $50,000.

The game ticket artwork features twinkling stars and moons in the twenty phases of the solar eclipse that reveal winning numbers and prizes.  There are a total of 487,650 tickets printed in the game.

In late spring and through the summer, players who make qualified purchases of Eclipse Cash from the Idaho Lottery’s Wooh Crew at their public events will have the chance to receive special glasses for viewing the eclipse from areas not completely in the shadow of the moon.

"To produce the starlight and moon effects on the ticket, the Idaho Lottery utilized Scratch Game printer Pollard Banknote Limited's Scratch FX® to produce the star field array. The game was printed in Ypsilanti, Michigan."

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 $3.1 billion in products, awarded over $1.9 billion in prizes to players, returned $186.5 million in retail commissions, and distributed $744 million in Lottery dividends to Idaho public schools and the Permanent Building Fund. To learn more, please visit: www.idaholottery.com.

CONTACT: David Workman, T: (208) 334-2600, Web: www.idaholottery.com

SOURCE: The Idaho Lottery.

 

QLot Banner

 

Kentucky Downs and EquiLottery Enter Broadcast Rights Agreement

LOUISVILLE, KY (Monday, April 17, 2017) – Kentucky-based entities Kentucky Downs and EquiLottery have entered into an agreement that will allow the use of races from the Franklin, Kentucky racetrack as the basis for EquiLottery, a new lottery game based on the results of live horse racing. This marks the first such agreement between a Kentucky racetrack and EquiLottery.

We applaud the vision of the entire EquiLottery team as they have continued to press forward with an exciting and unprecedented product,” said Kentucky Downs SVP and General Manager Ted Nicholson. “This is the only product we have seen that truly has the potential to expand the distribution and exposure of live horse racing. The implications of this are tremendous for the long-term viability of the sport by greatly increasing its popularity and reach in daily pop culture. The time has come for this game to see its day in Kentucky and we are proud to be the first racetrack in the state to sign an agreement with EquiLottery.”

Advertisement
QLot

The agreement is similar to others signed earlier this year in West Virginia with Penn National Gaming’s Hollywood Casino at Charles Town Races and Eldorado Resorts’ Mountaineer Park. When Kentucky Downs races are featured through the lottery game, a broadcast rights fee will be paid to the track and split equally into purse funds in exchange for the use of live on track race video in the EquiLottery mobile app. Studies show the ability to watch live races through a mobile device is key to successful player appeal.

We are very excited about adding Kentucky Downs to our growing stable of racetracks,” said EquiLottery Founder and CEO Brad Cummings. “Corey and his team have been leaders in horse racing innovation and there’s no doubt what they have done with Kentucky Downs over the years is very impressive. It’s a blessing for us to count them as partners as we continue to push for new ways to grow the pie for horse racing and the lottery by expanding both customer bases and creating new revenue opportunities for both industries.”

Since its public announcement over the summer of 2014, EquiLottery has worked diligently to develop its lottery product based on the results of live horse racing. During that time, this innovative company has structured agreements with lottery industry leader IGT Global Solutions and tote system leader AmTote International to be able to deliver a cohesive lottery experience for state lotteries and their players. EquiLottery is also in development on its IOS and Android mobile app which will allow players features such as watching races live and on replay, scanning tickets and setting push notifications for upcoming races all from the convenience of their mobile devices.

CONTACT: Brad Cummings, T: (502) 644-1454, E: brad@equilottery.com.

SOURCE: EquiLottery.

 

GLI Banner

 

The New Jersey Lottery is Adding Quick Draw, an Exciting New Game Style to Its Product Lineup

TRENTON, N.J. (April 18, 2017) – The New Jersey Lottery announced that it will soon be adding a new style of lottery play to its product lineup with Quick Draw, a game with drawings held every five minutes. Winning numbers are displayed on a television screen installed in retail locations where tickets are sold. Quick Draw will most commonly be played in social settings such as bars, restaurants, bowling alleys, etc., where players stay for a period of time to socialize, dine and meet with friends.

It has been a long-standing and much anticipated goal of the Lottery to offer this new and exciting game to the public,” said Carole Hedinger, New Jersey Lottery’s Executive Director. “It will attract new participants and generate greater opportunities for the people of New Jersey. Currently, 18 other lotteries offer this style of game, with North Carolina also announcing similar plans last month.”

Advertisement
Schafer Systems Inc.

Today, the Lottery Commission was presented with modified game rules reflecting the changes necessary to make the rules compliant with today’s business technology and practices. The Lottery Commission initially approved Quick Draw game rules in 2005, in anticipation of this offering. 

The anticipated launch date in New Jersey is August 2017. The game will initially be rolled out at approximately 200 Lottery locations that meet the appropriate retail classification as noted above with additional retailers to be identified in the months ahead. 

Quick Draw is projected to increase Lottery net proceeds by approximately $20 million. That anticipated revenue is included in the Fiscal Year 2018 Budget proposal.

ABOUT QUICK DRAW

Quick Draw is a game of chance that provides players with a field of 80 numbers from which to choose up to 10 numbers. The Lottery draws 20 numbers and, depending on how many numbers players match, they win a prize. Drawings are held every five minutes and the winning numbers are displayed on television screens in the retail locations.  Quick Draw is typically played in locations at which large numbers of people congregate socially such as bars, restaurants and bowling alleys.

ABOUT THE LOTTERY

Since its inception in 1970, the New Jersey Lottery (NJLottery.com) has contributed nearly $25 billion to the State in support of education and institutions.

CONTACT: Judith L. Drucker, Chief Communications Officer, T: Phone: (609) 599-5875, E: Judith.Drucker@lottery.nj.gov.

SOURCE: New Jersey Lottery.

 

Smartplay Banner

 

“Business Growth by OPAP": 20 Developing Small & Medium Sized Businesses to Participate in the Program Announced

ATHENS, Greece (April 15, 2017) -- Faithful to its strategy of generating value for the Greek economy and society, OPAP announced the 20 developing small and medium sized companies that were chosen to participate in the "Business Growth by OPAP" program. OPAP's vision is to give new life to the Greek market and by extension to create a better future for entrepreneurship. The presentation of the program and the companies participating was made at a special event held Tuesday 4 April 2017 at the Athens Concert Hall.

Advertisement
Kambi

The 20 developing SMEs participating in the program are: Alvion Pharmaceuticals, Anassa, Bläuel, Cream Team, Diving Status, Doctoranytime, Evrofarma, Koufetopoiia Hatziyannaki, KANAKAS, Madame Shoushou, Nannuka, Nanophos, NISOS, Plex.Earth, Pockee, Provertia, Radiki, Roussas Dairy company, Spotawheel and Tsililis.

These are companies representing production and extroverted sectors of the Greek economy, such as retail, shipping services, food processing, technology, pharmaceuticals, etc. Through the "Business Growth by OPAP" program they will receive comprehensive support and access to a network of more than 70 senior market executives that will help them overcome the challenges they face and to broaden their business horizons in order create jobs through their evolution.

OPAP President, Kamil Ziegler, said: "Over time, OPAP is a vibrant and integral cell of the Greek economy and society. We are proceeding with significant investments, we are implementing an array of projects and we are contributing to the creation and retention of jobs through a strategy that creates value for society, the economy and our company. OPAP's "bet" is on growth – and we are working hard to achieve it. This is why today is a special day for us as it marks the launch of the "Business Growth by OPAP" program which aims to enhance the prospects of dynamic SMEs".

OPAP CEO, Damian Cope, noted: "As one of the market leaders and a responsible partner of Greek society we fully recognize the positive impact we can have at a social level through our activity. This is the cornerstone of our strategy in the field of corporate responsibility, which creates significant benefits for many of our social partners across the country."

Classified Advertisement
AGE-2017
CLICK HERE

"We are proud of our achievements, but at the same time, we seek to raise the bar higher and higher. Believers, therefore, in our strategic goal of creating a better future for the new generation – the future of Greece – we actively support employment and growth through specific actions such as the "Business Growth by OPAP" program we presented today".

OPAP Chief Customer Officer, Petr Matejovsky, commented: "The mission of the program we are implementing in cooperation with Endeavor Greece is the complete support of developing small & medium size businesses, the backbone of the economy, and to create new job positions. The response of the business community to our call was particularly strong, as more than 500 companies applied for participation. The selection of the 20 companies was based on criteria such as innovation, their business model, the prospects of the business, and the vision of the entrepreneur. This dynamic team will have multiple benefits from the program, beginning with the guidance in key areas of action such as strategy, financial and operations management and even access to financing tools and international markets".

The CEO of Endeavor Greece, Haris Makriniotis, stated: "We are very proud to be in partnership with OPAP in the "Business Growth by OPAP" program as we believe that the 20 dynamic, developing SMEs selected can transform their sectors and create value for the country. They are companies with significant multiplier effect on the economy and society, which can create a significant number of jobs, and they will be an inspiration to others".

SOURCE: OPAP.

 

SSI Banner

 

Pollard Banknote Limited Announces Intention to Make All Cash Offer to Acquire INNOVA Gaming Group Inc.

  • All-cash offer of $2.10 per Share
  • Significant premium to INNOVA's closing price prior to announcement of Pollard Banknote's interest in INNOVA
  • Allows all shareholders to realize immediate liquidity and certainty of value
  • Supported by largest shareholder holding approximately 41% of the outstanding Shares who has provided Pollard Banknote with a right to match
  • Minimum tender condition will be satisfied if more than 50% of outstanding Shares tendered
  • Offer not subject to due diligence or financing conditions
  • Provides certainty to strategic review process

 

WINNIPEG, Canada (April 17, 2017) -- Pollard Banknote Limited (TSX:PBL) ("Pollard Banknote") today announced that it intends to make a formal offer (the "Offer") to acquire all of the issued and outstanding common shares ("Shares") of INNOVA Gaming Group Inc. ("INNOVA") for cash consideration of $2.10 per Share (the "Offer Price").

The Offer Price represents a significant premium of approximately 39% to the closing price of $1.51 per Share on the Toronto Stock Exchange (the "TSX") as of March 9, 2017, the last trading day prior to Pollard Banknote's announcement of its initial proposal to the board of directors of INNOVA (the "INNOVA Board") to acquire all of the Shares. The Offer Price also represents an approximate 36% premium to the volume weighted average trading price of $1.54 per Share on the TSX over the 20 trading days ended March 9, 2017. The Offer Price values INNOVA at an equity value of approximately $43 million.

Background to the Offer

On March 10, 2017, Pollard Banknote announced that it had presented a proposal to INNOVA to acquire all of the issued and outstanding Shares at the Offer Price. Pollard Banknote also announced that it had entered into an agreement (the "Amaya Support Agreement") with Amaya Inc. ("Amaya"), pursuant to which Amaya agreed to vote all of its Shares (representing approximately 41% of the outstanding Shares) in favour of, and/or tender all of its Shares to, the proposed transaction in any form, including a plan of arrangement, take-over bid or other acquisition method, subject to the terms of the Amaya Support Agreement. Amaya has also provided Pollard Banknote with the right to match any superior offer received by Amaya, including any superior offer supported by INNOVA, subject to the terms of the Amaya Support Agreement.

Following execution of the Amaya Support Agreement, Pollard Banknote engaged in discussions with INNOVA regarding the terms of Pollard Banknote's proposal. However, Pollard Banknote and INNOVA could not agree to terms on which the INNOVA Board would support the proposed transaction, and INNOVA has since commenced a strategic review process. As a result, Pollard Banknote has decided to make the Offer directly to Shareholders.

Reasons to Accept the Offer

Pollard Banknote believes the Offer is compelling and represents a clearly superior alternative to continuing on the course set by the current INNOVA Board and management of INNOVA, for the following reasons:

  • Significant Premium to Market Price. The Offer represents a significant premium of approximately 39% to the closing price of $1.51 per Share on the TSX as of March 9, 2017, the last trading day prior to Pollard Banknote's announcement of its initial proposal to the INNOVA Board to acquire all of the Shares. The Offer also represents a significant premium of approximately 36% to the volume weighted average trading price of $1.54 per Share on the TSX over the 20 trading days ended March 9, 2017.
  • Liquidity and Certainty of Value. The Shares are thinly traded and the Offer provides an attractive liquidity event and an opportunity for Shareholders to realize cash proceeds and certainty of value for their entire investment.
  • Fully Financed Cash Offer. The Offer is not subject to a financing condition. Pollard Banknote has secured, on a firm, committed basis, all of the financing required to fund the entire consideration payable for the Shares and to complete the transaction.
  • High Likelihood of Completion. Pollard Banknote is a highly credible counterparty with significant experience in the gaming industry. Pollard Banknote believes that its experience in the gaming industry will lower any risk associated with obtaining the required regulatory approvals. In addition, Pollard Banknote believes that there is a high likelihood that more than 50% of the outstanding Shares will be tendered to the Offer, and therefore the minimum tender condition will be satisfied, given that the Offer is supported by Amaya, which holds approximately 41% of the outstanding Shares.
  • Support of Major Shareholder. Amaya, which indirectly owns 8,180,000 Shares, representing approximately 41% of the total issued and outstanding Shares on a non-diluted basis, has agreed to tender all of its Shares to the Offer, subject to the terms of the Amaya Support Agreement. The Offer Price was the subject of extensive negotiations between Pollard Banknote and Amaya over several months prior to entering into the Amaya Support Agreement. Amaya has also provided Pollard Banknote with the right to match any superior offer received by Amaya, including any superior offer supported by INNOVA, subject to the terms of the Amaya Support Agreement.
  • Risks of INNOVA Standalone. There is considerable risk to Shareholders if the INNOVA Board and management team continue to pursue their standalone strategy. The INNOVA unaffected share price as of March 9, 2017 has declined approximately 62% since INNOVA's initial public offering on May 5, 2015, representing a loss of approximately $51 million in equity value to investors in that initial public offering. Furthermore, a significant portion of INNOVA's EBITDA is provided by Amaya's EBITDA Support Agreement, which expires not later than June 30, 2020.
  • Potential for Downward Impact to Share Price if Offer Not Accepted. The Offer Price represents a significant premium to the market price of the Shares prior to the public announcement by Pollard Banknote of its initial proposal to the INNOVA Board to acquire all of the Shares. There is no assurance that the INNOVA Board will proceed with an alternative transaction to the Offer. If the Offer is not successful, and no other offer is made for INNOVA, Pollard Banknote believes it is likely the trading price of the Shares will decline to pre-Offer levels.

 

"We believe this is a compelling opportunity for INNOVA shareholders to receive a full and fair price for their shares," said John Pollard, Co-Chief Executive Officer of Pollard Banknote. "On completion of the Offer, we expect Pollard Banknote will be well-positioned to expand key customer relationships and achieve economies and efficiencies of scale which exceed what INNOVA could achieve as a standalone company."

Terms and Conditions of the Offer

Under the terms of the Offer, Pollard Banknote would acquire, through a wholly-owned subsidiary, all of the issued and outstanding Shares for $2.10 in cash per Share.

Advertisement

The Offer will be open for acceptance until 5:00 p.m. (Toronto time) on August 3, 2017, unless the Offer is extended or withdrawn. INNOVA has the ability to shorten the deposit period to 35 days to allow Shareholders to sell their Shares under the Offer without delay.

The Offer will be subject to customary conditions, including, among other things: (i) there having been validly deposited under the Offer and not withdrawn that number of Shares representing more than 50% of the outstanding Shares, excluding those Shares beneficially owned, or over which control or direction is exercised, by Pollard Banknote or by any person acting jointly or in concert with Pollard Banknote, which is a non-waivable condition, (ii) Pollard Banknote having determined, in its sole judgment, that there does not exist and there shall not have occurred or been publicly disclosed since the date of the Offer, a material adverse effect in respect of INNOVA, and (iii) certain regulatory approvals having been obtained and/or waiting periods expired.

The Offer is not subject to any due diligence or financing condition.

Full details of the Offer will be included in the formal offer and take-over bid circular to be filed with securities regulatory authorities and mailed to Shareholders. The Offer documents and the Amaya Support Agreement will be accessible under INNOVA's profile on SEDAR on April 19, 2017.

Pollard Banknote has retained Laurel Hill Advisory Group as its depositary and information agent in connection with the Offer.

About Pollard Banknote

Pollard Banknote is a leading lottery partner to more than 60 lotteries worldwide, providing high quality instant ticket products, licensed games, and strategic marketing and management services for both traditional instant games and the emerging iLottery space of web, mobile and social channels. The company is a proven innovator and has decades of experience helping lotteries to maximize player engagement, sales and proceeds for good causes. Pollard Banknote also plays a major role in the charitable pulltab and bingo markets in North America. Established in 1907, Pollard Banknote is owned approximately 73.5% by the Pollard family and 26.5% by public shareholders and is publicly traded on the TSX (PBL). For more information, please visit our website at www.pollardbanknote.com

SHAREHOLDER QUESTIONS

For more information or assistance with tendering your shares, please contact Laurel Hill Advisory Group, depositary and information agent in connection with the Offer, at:

Laurel Hill Advisory Group

North America Toll Free: 1-877-452-7184

Collect Calls Outside North America: 1-416-304-0211

Email: assistance@laurelhill.com

 

For further information:

 

Doug Pollard,

Co-Chief Executive Officer, E-mail: dpollard@pbl.ca

John Pollard,

Co-Chief Executive Officer, E-mail: jpollard@pbl.ca

Rob Rose,

Chief Financial Officer,

E-mail: rrose@pbl.ca

T: (204) 474-2323

 

SOURCE: Pollard Banknote Limited.

 

 

Government Appoints Camilla Rosenberg Acting Director General of Lotteriinspektionen

STRANGNAS, Sweden (April 13, 2017) – The Government has announced that following the resignation of Hakan Hallstedt to become an alderman in the Blekinge District Court it has appointed Camilla Rosenberg Acting Director General of the Gaming Board from May 15.

Camilla Rosenberg has since September 1, 2015 been the Head of the Operations Department of the Gaming Board with responsibility for the agency's licensing and regulatory activities.

Camilla was previously with the Energy Agency, where she held various management positions, most recently as General Counsel.

Camilla has previously held various management positions in the Inspectorate, was First Secretary at the Ministry of Finance and also participated in several government inquiries regarding energy issues.

She also has experience from the private sector as a tax consultant at KPMG.

SOURCE: Lotteriinspektionen.

 




Smartplay

Jumbo Interactive

Scientific Games

Fastrak Lottery Services

Schafer Systems Inc.

QLot

Kambi

GLI


This site is optimized for Explorer 4.0 & above and a monitor resolution of 1280 x 1024.
Please adjust your screen accordingly.
Interplay Multimedia Pty. Ltd. disclaims all liability for information provided within Lottery Insider
Data supplied by named sources.
Associated Press content is Copyrighted by The Associated Press.
All other news articles are owned by their respective publishers.