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The WEEK in REVIEW
Vol. 97 No.1 - October 4, 2021

 

 

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Massachusetts State Lottery Produces $1.112 Billion in Net Profit for the Commonwealth in Fiscal Year 2021, Establishing All-Time High

Dorchester, MA (September 28, 2021) -- State Treasurer Deborah B. Goldberg announced today that the Massachusetts State Lottery produced $1.112 billion in net profit for the Commonwealth during the 2021 fiscal year that began July 1, 2020 and ended June 30, 2021. This is the highest net profit total in the Lottery’s 50-year history, surpassing the previous record of $1.104 billion set in the 2019 fiscal year.

Lottery revenues came in at a record high of $5.829 billion, topping the previous record of $5.509 billion set in fiscal year 2019.  It is the seventh consecutive year that revenues have eclipsed the $5 billion mark.

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“We are extremely pleased, that despite experiencing a challenging business environment, the Lottery has achieved this record setting performance,” said State Treasurer Deborah B. Goldberg, Chair of the Massachusetts State Lottery Commission. "Thanks to the Lottery team, our retail partners, and most importantly, our customers, we are able to meet our mission of providing critical resources to every community in the state.”

The Lottery’s network of retailers earned $333.3 million in commissions and bonuses in FY 2021, also a record, surpassing the previous high of $314.5 million set in FY 2019. 

With 73.5 percent of all revenue returned to players in the form of winnings in FY 2021, the Lottery set another record by paying out $4.283 billion in prizes. Prize payouts can fluctuate from year to year based on the schedule or rate at which players cash in their prizes.  In FY 2021, Lottery players won 208 prizes valued at $1 million or more, including 38 prizes valued at $2 million or more.

“With record setting figures across the board, Lottery players, our retail partners, and the 351 cities and towns in Massachusetts are all winners,” said Michael Sweeney, the Lottery’s Executive Director.

In fiscal year 2020, which was significantly impacted by the COVID-19 pandemic, Lottery net profit totaled $986.9 million.

The Lottery’s administrative costs were less than two percent of overall revenues.

The Lottery announced an estimated net profit figure of $1.105 billion in July, noting that the final statement of operations would be completed in the fall.

SOURCE: Massachusetts State Lottery.

 

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IGT Appoints Joe Asher As President Of Sports Betting

Seasoned gaming industry executive to build on IGT PlaySports market leadership

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LONDON, Sept. 30, 2021 -- International Game Technology PLC (NYSE:IGT) ("IGT") today announced that it has appointed Joe Asher as President of Sports Betting, effective October 1, 2021. Reporting to Enrico Drago, IGT CEO Digital & Betting, Asher will lead the ongoing expansion of the IGT PlaySports sports betting business in North American markets.

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 unrivaled 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 11,000 employees. For more information, please visit www.igt.com.

"The PlaySports sports betting solution is among the most widely used in the U.S., powering approximately 50 U.S. sportsbooks for 20 customers across 18 states. We expect continued growth in our PlaySports business, and Joe Asher's knowledge, experience, network and vision for sports betting are key ingredients to boosting our future success," said Enrico Drago, IGT CEO Digital & Betting.

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Asher joins IGT having recently served as CEO of William Hill US. He held this position from 2012, when the business was created, until it was sold to Caesars Entertainment Inc. in April 2021. Asher joined William Hill when it acquired Brandywine Bookmaking, a company he created as a start-up in 2008.

"I'm really excited to join Enrico Drago and the IGT PlaySports team to help this business reach new heights for our customers and our shareholders," said Joe Asher, IGT President of Sports Betting. "This is a unique moment in the North American gaming industry as sports betting is expanding rapidly and opportunities abound. I have some background working in partnership with PlaySports and I look forward to working with our team to further enhance our technology and trading capabilities to serve our existing and future customers."

Asher's background in the gaming industry is built on a lifelong passion for the race and sports betting business. Honored as a member of the Sports Betting Hall of Fame Class of 2021, he has held management positions at several racetracks including Brandywine Raceway, Dover Downs, Harrington Raceway and Foxboro Raceway. Asher was also the Wilmington News-Journal's thoroughbred racing handicapper for Delaware Park. He also became the youngest track announcer in North America, calling races at Harrington, Foxboro, Brandywine and Dover Downs. Asher continues to announce horse races, serving as a guest announcer at the Elko County Fair every year.

Outside of his career in sports betting, Asher was an attorney with Skadden, Arps, Slate, Meagher & Flom. A graduate of the University of Delaware and the Delaware Law School of Widener University, Asher served a judicial clerkship with the Supreme Court of Delaware and was admitted to the bar in Delaware and New York.

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 11,000 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 and outside U.S./Canada +1 (401) 392-7452

Francesco Luti, Italian media inquiries, +39 34 85475493

James Hurley, Investor Relations, +1 (401) 392-7190

 

SOURCE: International Game Technology PLC.

 

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Red Rake Gaming Partners with Portuguese Leading Online Sportsbook and Casino Operator, Nossa Aposta

SPAIN (September 29, 201) -- Portuguese leading online sportsbook and casino operator, Nossa Aposta, has further enhanced its offering by adding the leading Portuguese certified supplier, Red Rake Gaming.

The recently inked agreement will see Red Rake Gaming deliver a myriad of top performing slots, via their common aggregation partner Pariplay, to the operator owned by the publicly listed company, Cofina.

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Since its launch in 2017, Nossa Aposta has experienced major growth, expanding its portfolio to more than 1,000 slots designed for desktop and mobile play. In addition, the Lisbon-headquartered company also offers pre-match and live betting services, with a highly talented and specialized team with years of experience. The company currently owns two gaming licenses, issued by Serviço de Regulação e Inspeção de Jogos (SRIJ) and keeps diversifying its portfolio.

Commenting on the significance of the partnership, Chief Executive Officer for Nossa Aposta, Tiago Almeida, explained: “Portugal has strong indicators that reveal a more interested and informed public that wants to make the most of the fun of online games. We are delighted to sign this agreement with Red Rake Gaming, and offer our players what they would like to find but also to continue our revenue growth with innovative games. For Nossa Aposta players, quality is king, and as well as hand-picking all our titles, we’re strict about ensuring the player protection is always present. That is why we’re also focusing on additional proprietary content, since content exclusivity is the key to achieve a true competitive edge.”

The partnership sees Red Rake Gaming extending its already significant footprint in the growing Portuguese iGaming market by enhancing the casino offering of another major brand with its world-class games.

Commenting on the significance of the new deal, Managing Director for Red Rake Gaming Malta, Nick Barr, explained: “We are delighted to welcome Nossa Aposta as our newest partner. Nossa Aposta has continued to make huge inroads in the .PT market since its inception and has gone from strength to strength to become a dominant force in the Portuguese online gaming market. We are very confident that our high engagement, feature packed games will be a huge hit and resonate well with the Nossa Aposta players and look forward to the upcoming launch.”

For additional information please contact: marketing@redrakegaming.com

SOURCE: Red Rake Gaming press release.

 

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IGT PlaySports Expands Leading U.S. Sports Betting Footprint to Angel of The Winds Casino Resort in Washington State

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LONDON, Sept. 28, 2021-- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that its U.S. market-leading PlaySports platform will power sports betting at Angel Of The Winds Casino Resort in Arlington, Wash. Operated by the Stillaguamish Tribe of Indians, the casino will leverage IGT's PlaySports turnkey solution for retail and on-premise mobile sports betting.

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 unrivaled 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 11,000 employees. For more information, please visit www.igt.com.

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"Angel Of The Winds Casino Resort patrons will be able to experience this new and exciting form of gaming from anywhere on our property, thanks to IGT's omnichannel PlaySports platform," said Travis O'Neil, Angel Of The Winds Casino Resort CEO."IGT's comprehensive PlaySports solution, paired with the company's extensive experience and expertise, will enable us to offer a world-class sports betting operation for many years to come."

"As the leading choice for U.S. operators to power their sports betting enterprises, IGT PlaySports is thrilled to add Angel Of The Winds Casino Resort to our growing list of customers," said Enrico Drago, IGT CEO Digital & Betting."Our proven all-in-one PlaySports technology was designed to offer maximum flexibility for operators of all sizes to seamlessly establish exciting sports betting programs."

For more information about IGT PlaySports, visit igt.com/PlaySports or visit us on LinkedIn.

 

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 unrivaled 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 11,000 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 (IGT),

 

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Double Play Brings More Than $400,000 in Additional Winnings to Powerball Players as the Jackpot Continues to Grow

Powerball Jackpot Now an Estimated $523 Million

NASHVILLE, Tennessee (September 23, 2021) – Tennessee Powerball players have won $435,411 since the new $1 Double Play feature became available a month ago on August 22.

The new play option in addition to the new weekly Monday drawing mean more cash prizes for players during the latest Powerball jackpot run – its most significant since the jackpot reached $731.1 million in January 2021.

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If won, the current estimated $523 million jackpot would be the 10th largest jackpot in Powerball history. As of September 22, Powerball players in Tennessee have won $12.9 million in 2021.

The Double Play feature gives players a chance to win cash prizes ranging from $7 up to $10 million with their Powerball numbers in a separate drawing. Players can add the Double Play feature to their Powerball ticket for an additional $1 per play.

The Double Play drawing is held after every Powerball drawing on Monday, Wednesday and Saturday. Players play the same set of numbers in both the main Powerball drawing and Double Play drawing, and Powerball tickets that include the Double Play add-on are eligible to win prizes in both drawings.

The TEL encourages all players to Have Fun and Play Responsibly.

About the Tennessee Education Lottery Corporation

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 $6 billion to fund designated education programs, including college grants, scholarships, Drive to 55 initiatives and after-school programs. In addition to the educational beneficiaries, players have won more than $16.5 billion in prizes and Lottery retailers have earned more than $1.5 billion in commissions.

For additional information, visit tnlottery.com and follow the TEL on Facebook, Twitter & Instagram.

SOURCE: Tennessee Education Lottery Corporation.

 

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Texas Lottery Eclipses $8 Billion in Sales for First Time in FY 2021

Nearly $2 billion transferred to Texas public schools and Texas veterans, highest revenue transfer in Texas Lottery® history

AUSTIN, Texas (September 23, 2021) – As it celebrates its 30th anniversary, the Texas Lottery crossed another major milestone, achieving $8.107 billion in sales during its 11th -consecutive record-breaking year – resulting in a record total contribution of $1.998 billion for Texas education and veterans. The Texas Lottery’s new record sales total, a $1.403 billion increase (20.9%) over FY 2020, was driven by a pair of independent records, as the Texas Lottery achieved its highest scratch ticket and draw game sales’ totals in its nearly 30-year history.

“When then-Gov. Ann Richards purchased the first Texas Lottery scratch ticket in May 1992, no one dreamed of reaching $8 billion in sales or contributing nearly $2 billion in one year to our great state from the sale of lottery products,” said Gary Grief, executive director of the Texas Lottery. “Not only that, the Texas Lottery has seen sales growth of more than $3 billion – or 60 percent – over the last five years, making it one of the fastest-growing in the nation over that time span. These accomplishments are due to the great dedication, attention to detail and hard work of our employees, vendor partners and most especially our retailers, nearly all of which were deemed ‘essential businesses’ and have worked tirelessly to serve their communities during the COVID-19 pandemic.”

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This year’s revenue transfer of $1.998 billion broke the previous record revenue contribution set in FY2020 by $315 million, an 18.7% increase. It included $1.974 billion to the Foundation School Fund and $23.4 million to the Fund for Veterans’ Assistance, the Texas Lottery’s largest contributions to Texas education and Texas veterans. The Texas Lottery has now contributed more than $27.6 billion to Texas public education and more than $166 million to Texas veterans since the dedication of such funds by the Texas Legislature.

“We are thrilled to announce the Texas Lottery once again generated record revenue for Texas education and veterans during fiscal year 2021,” said Robert G. Rivera, Chairman of the Texas Lottery Commission. “We want to thank all the players for supporting the Texas Lottery and for their participation in providing these much-needed funds for the Foundation School Fund and the Fund for Veterans’ Assistance.”

Record Scratch Ticket Sales

Scratch ticket sales for FY 2021 totaled $6.617 billion, a new Texas Lottery scratch ticket sales record, accounting for 81.6% of the portfolio’s total sales. The new record reflects $1.061 billion more in sales and a 19.1% increase over FY 2020. With strategic planning that led to a robust ticket lineup, in FY 2021 the Texas Lottery reported its best 19 weeks of scratch ticket sales in Texas Lottery history, culminating in a new weekly scratch ticket sales record of $158.7 million for the week ending Apr. 3, 2021.

Scratch ticket sales growth in FY 2021 was led by large increases at the $50, $20 and $10 scratch ticket price points. Leading scratch ticket sales, the $10 price point generated more than 25% of total scratch ticket sales, totaling $1.695 billion for FY 2021 – an increase of $246.5 million, or 17%, over FY 2020. The top-selling game at the $10 price point was Mega Loteria, with its two versions totaling $411.8 million in sales during FY 2021.

The $20 scratch ticket price point saw a $337.8 million increase, or 33% gains over FY 2020. Sales at the $20 price point totaled $1.348 billion and included four games in the top 15 – Million Dollar Loteria, $1,000,000 Extreme Cash, 200X THE CASH and $1,000,000 Crossword.

The $50 price point showed gains of $480.2 million, or 75% higher than sales in FY 2020, the largest overall growth of any price point in scratch ticket sales in FY 2021. Fifty-dollar scratch tickets held the #1, #2, #3, #9 and #10 positions of the Texas Lottery’s top-15 selling games during FY 2021, led by two versions of 500X Loteria Spectacular, which combined for $404.2 million in sales during the fiscal year.

Multicultural-themed scratch ticket games continue to soar in popularity with Texas Lottery players, generating sales of $1.554 billion, or 23.5% of total scratch ticket sales, in FY 2021. Of the Texas Lottery’s top-15 selling scratch ticket games during FY 2021, Loteria-themed games ranked #2, #4, #5, #6, #7 and #10.

The agency’s core scratch ticket families also proved pivotal to the record sales year. In January 2021, the X THE CASH family was introduced with scratch ticket price points of $1, $3, $5, $10 and $20. The family of games generated $468.9 million in sales during the fiscal year. And the Extreme Cash family, which features tickets at the $1, $5, $10 and $20 price points, has totalled $330.8 million since its September 2020 launch.

Record Draw Games Sales

In addition to record scratch ticket sales, a strong performance from the draw games portion of the portfolio led to a record $1.49 billion in draw games sales for the Texas Lottery – a $342 million increase over FY 2020, the largest year-over-year increase since lottery start-up.

Texas’ in-state draw games produced $781.4 million in sales, the highest sales total since FY 2005.

This growth was led by the daily draw games, which generated $547.6 million in sales for the fiscal year – the highest amount in Texas Lottery history and a $52.5 million increase over the previous record of $495.1 million set in FY 2020.

Of these daily games, Pick 3™ plus FIREBALL and Daily 4™ plus FIREBALL set a new record with $452.1 million in combined total sales – more than 30% of total draw sales. Daily 4 generated $141.8 million in sales, a new lottery record, and Pick 3 reached $310.3 million in sales, the highest total for that game since FY 2008. Pick 3 reported a sales increase of $30.1 million, its largest sales growth in game history.

The other two daily draw games, Cash Five® and All or Nothing™, both reached their highest sales marks since FY 2015. Cash Five generated sales of $51.5 million and All or Nothing totaled $43.9 million in sales during the fiscal year.

Texas’ in-state jackpot games also saw great growth during FY 2021. Lotto Texas with Extra!® generated $167.3 million in sales, the highest amount since FY 2013. Of that, Extra! – the game’s add-on feature – set a new record with $38.3 million in total sales. And Texas Two Step® produced $66.6 million in sales, the game’s highest sales total since FY 2004.

Propelled by large, dueling jackpots in January 2021, the multi-state games Powerball® and Mega Millions® generated a combined $708.8 million in sales. Of that, Powerball sales totaled $328.2 million; Mega Millions’ sales total of $380.6 million – a $148.7 million increase over FY 2020 – marks the Texas Lottery’s largest sales increase since it started offering the game in 2003.

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Record Year for Retailers

FY 2021 was a record year for the Texas Lottery’s 20,434 retailers across the state. Retailer

commissions totaled $405.8 million, the highest payment to retailers in Texas Lottery history. In all, $434.1 million was paid to retailers in commissions, incentives and through the retailer bonus program – a new Texas Lottery record, and an average payment of $19,832 for each of the Texas Lottery’s retail partners.

Record Year for Prizes Paid to Players

FY 2021 was also a big year for Texas Lottery players. The agency paid $5.492 billion in payments to prize winners – the highest prize payment in Texas Lottery history, and an increase of $968.4 million in prizes paid to players from the year before.

Responsible Gambling Efforts Recognized

While achieving another year of record sales growth, the Texas Lottery remained laser focused on social responsibility by enhancing implementation of its responsible gambling initiatives. The agency continued awareness training for retailers, vendor staff and agency employees, participated in the international campaigns for Problem Gambling Awareness Month and responsible holiday gifting and made PLAY RESPONSIBLY campaign information widely available to players and retailers. During FY 2021, the Texas Lottery was certified by the National Council on Problem Gambling (NCPG) and the North American Association of State and Provincial Lotteries (NASPL) for meeting the NASPL/NCPG Responsible Gaming Verification Standards at the Implementation Level. The Texas Lottery previously achieved and holds international recognition by the World Lottery Association (WLA) at Level 3 of the WLA Responsible Gaming Framework.

Fiscal Stewardship

The Texas Lottery continued to adhere to its conservative budgeting approach in FY 2021, as it kept its administrative expenditures to $286.8 million, or 3.54% of sales – one of the industry’s lowest administrative expenditure rates in the country.

FY 2021 by the Numbers

  • If it were a publicly traded company, $8.107 billion in annual sales would place the Texas Lottery at No. 372 on the 2021 Fortune 500 list, behind Hershey and ahead of other well-known brands including J.M. Smucker, Intuit, Citizens Financial Group and Foot Locker.
  • This is the 18 th consecutive year that the Texas Lottery generated more than $1 billion in revenue for Texas, with a record, total contribution to the state of $1.998 billion.
  • 97.7% of Texas Lottery sales are returned in the form of contributions to the Foundation School Fund, the Fund for Veterans’ Assistance and other state programs, and through prizes, retailer commissions, and incentives.

 

The Beneficiaries: Texas Education and Texas Veterans

The Foundation School Fund, administered by the Texas Education Agency, funds the operational needs and special program services for Texas school districts, including teacher salaries, utilities, equipment, bilingual education, special education, gifted and talented education, and career and technical education.

The Texas Veterans Commission Fund for Veterans’ Assistance makes grants available to eligible charitable organizations, local government agencies, and Veterans Service Organizations that provide direct services to Texas veterans and their families.

With 1.7 million veterans spread across the state, these programs provide financial assistance, transportation services, Post-Traumatic Stress Disorder counseling and housing assistance.

About the Texas Lottery

Beginning with the first ticket sold in 1992, the Texas Lottery has generated $33.6 billion in revenue for the state and distributed $71 billion in prizes to lottery players. Since 1997, the Texas Lottery has contributed $27.6 billion to the Foundation School Fund, which supports public education in Texas.

As authorized by the Texas Legislature, certain Texas Lottery revenues benefit state programs including the Fund for Veterans’ Assistance. Since the first veterans’ themed scratch ticket game was launched in 2009, the Texas Lottery has contributed more than $166 million for programs supporting Texas veterans.

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

For more information visit us on Facebook, Twitter, Instagram, YouTube or at www.texaslottery.com.

PLAY RESPONSIBLY.

SOURCE: Texas Lottery

 

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Global Payments Joins AGA’s Responsible Sports Betting Campaign

Global Payments to Amplify Have A Game Plan® Bet Responsibly™ Campaign Through Social Media, Blogs, and Customer Marketing

WASHINGTON, D.C. (September 23, 2021) – Global Payments Inc., a leading worldwide provider of payment technology and software solutions, is the newest partner of the American Gaming Association’s (AGA) Have A Game Plan® Bet Responsibly™ public service campaign.

The partnership, announced as part of Responsible Gaming Education Week (September 19-25, 2021), will include Global Payments incorporating Have A Game Plan into its social media channels and customer-facing marketing. The company will also communicate the importance of responsible gaming awareness through its extended weekly blog series.

“Global Payments is deeply committed to responsible gaming—and this is why we’re proud to join the Have A Game Plan initiative to promote responsible sports wagering,” said Global Payments President Christopher Justice. “Our success depends on continuing to build strong relationships with our customers that are rooted in education and responsibility.”

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“With more Americans able to wager legally than ever before, the gaming industry is committed to making responsibility a key component of the legal sports betting market,” said AGA President and CEO Bill Miller. “Digital payments provide new tools for responsible gaming and through Global Payments’ partnership, their customers can have a fun, responsible, and seamless betting experience.”

AGA’s Have A Game Plan campaign promotes four core principles of responsible sports betting: set a budget and stick to it, keep betting social, know the odds, and play with trusted, regulated operators.

Sports betting is now legal in 32 states and the District of Columbia, with 27 jurisdictions already operational. More than 111 million American adults can now bet legally in their state.

AGA’s Responsible Gaming Education Week educates consumers on the importance of playing responsibly, highlighting responsible gaming’s central role in sports betting and the industry at large.

The AGA launched Have A Game Plan in late 2019 to educate sports fans on the principles of responsible sports betting.

Global Payments joins campaign partners across the sports betting landscape, including DraftKings, FanDuel, Monumental Sports and Entertainment, NASCAR, the New York Jets, NHL, PGA TOUR, SeventySix Capital, Sightline Payments, Sinclair Broadcast Group, UFC, Vegas Golden Knights, and Washington Football Team.

About the AGA

The American Gaming Association (AGA) is the premier national trade group representing the $261 billion U.S. casino industry, which supports 1.8 million jobs nationwide. AGA members include commercial and tribal casino operators, suppliers, and other entities affiliated with the gaming industry.

It is the mission of the AGA to achieve sound policies and regulations consistent with casino gaming’s modern appeal and vast economic contributions. 

About Global Payments Gaming Solutions

Global Payments Gaming Solutions, a division of Global Payments, enables the world’s gaming entertainment leaders to create amazing consumer experiences and maximize spend across all of their physical and digital properties. Our complete suite of payment solutions enables safe, secure and trusted cash access at the cage, on the casino floor, or online. Learn more at http://www.globalpaymentsgaming.com.

If you would rather not receive future communications from American Gaming Association, let us know by clicking here.

American Gaming Association, 799 9th St. NW Suite 700, Washington, DC 20001 United States

CONTACTS: Allison Nielsen, E: press@americangaming.org or Logan Doctson, E: logan@williammills.com

SOURCE: The American Gaming Association (AGA).

 

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Florida Lottery Receives Financial Reporting Award for Fourth Consecutive Year

TALLAHASSEE, Florida (September 24, 2021) – Today, the Florida Lottery (Lottery) announces that the Division of Accounting was awarded the Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association (GFOA) for its 2019-20 Comprehensive Annual Financial Report. This marks the fourth consecutive year the Lottery has received this award.

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The Certificate of Achievement is the highest form of recognition in governmental accounting and financial reporting and is awarded to entities who go above and beyond the minimum requirements of generally accepted accounting principles.

The Lottery’s 2019-20 Comprehensive Annual Financial Report was judged by an impartial panel to meet the high standards of the program, which includes demonstrating a constructive “spirit of full disclosure” to clearly communicate its financial story and motivate potential users to read the report.

To view the Lottery’s award-winning 2019-20 Comprehensive Annual Financial Report, visit www.flalottery.com/reports.

ABOUT THE FLORIDA LOTTERY

The Florida Lottery is responsible for contributing more than $40 billion to enhance education and sending more than 880,000 students to college through the Bright Futures Scholarship Program.

The Florida Lottery reinvests 99 percent of its revenue back into Florida's economy through prize payouts, commissions to more than 13,000 Lottery retailers and transfers to education.

Since 1988, Florida Lottery games have paid more than $77.6 billion in prizes and made more than 3,000 people millionaires.

For more information, please visit www.flalottery.com

SOURCE: Florida Lottery Communications

 

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Gaming Laboratories International’s (GLI®) Director of Systems and Audit Joseph Marchetti Named an Emerging Leader of Gaming

LAS VEGAS, NV (September 23, 2021) – Gaming Laboratories International’s (GLI®) Director of Systems and Audit Joseph Marchetti has been named to the ELG 40 Under 40 Class of 2022 by Emerging Leaders of Gaming (ELG) and Global Gaming Business (GGB) magazine.

GLI Vice President of Engineering Sangeeta Reddy said, “We are thrilled for the industry to recognize Joseph as an Emerging Leader in Gaming. For more than 15 years, Joseph has led teams in creating innovative solutions for GLI’s clients, helping clients discover new paths forward, and providing valuable consultative advice on their integrated compliance journey.”

Joseph Marchetti
Joseph Marchetti

Since assuming his new role in May 2021, Marchetti has led his team of systems testers, auditors, and automation developers as they work closely with regulators, operators, and suppliers, paving the way in the ever-evolving world of gaming systems. He has also streamlined processes and created automation tools which expedite the time to market while also reducing clients’ costs.

He has been with GLI for more than 15 years, previously serving as Technical Group Manager. Over that time, he has developed an enviable and proven record of success as an engineer, as a manager, and in developing engineers for multiple aspects of testing.

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Over the past 15 years, Marchetti has grown from an entry-level Test Engineer to his current role. Along the way, he has reached a high level of expertise in the regulatory compliance testing of multiple game types, platforms, progressive controllers, shufflers/shoes as well as casino management systems.

Click here to start your career at GLI.

About Gaming Laboratories International

Gaming Laboratories International, LLC is committed to delivering the highest quality land-based, lottery, and iGaming testing and assessment services around the world. GLI provides suppliers, operators, and regulators with expert guidance for navigating the future of gaming and ensuring gaming innovations meet regulatory standards with confidence.

Since 1989, GLI has certified nearly 2 million items and has tested equipment for more than 480 jurisdictions.

GLI has a global network of laboratory locations across six continents, with U.S. and international accreditations for compliance with ISO/IEC standards for technical competence in the gaming, wagering and lottery industries. GLI was named “Best Laboratory” in the SAGSE Awards 2020, “Best Test Lab in the Baltics,” and “Best Test Lab in the Nordics” in the Baltic and Scandinavian Gaming Awards 2020.

For more information, visit gaminglabs.com.

CONTACT: Christie Eickelman, Vice President of Global Marketing, T: +1 (702) 914-2220, Email: c.eickelman@gaminglabs.com

SOURCE: Gaming Laboratories International.

 

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Year-To-Date Kentucky Lottery Sales and Net Income Exceed Budget

LOUISVILLE, Kentucky (September) -- In today’s meeting of the Kentucky Lottery’s board of directors, it was announced sales remain on their brisk pace.

According to Vice President and Corporate Controller Maggie Garrison, overall sales for the first two months of FY22 (July and August) totaled $269.5 million. This is $29.7 million or 12.4% more than last year, and $8.8 million or 3.4% more than budgeted.

President and CEO Mary Harville said there were a few factors which led to such strong sales. Scratch-off sales for the period were $9.8 million or 6.6% higher than for the same period last year, and Lucky For Life sales saw a 43.6% jump to $1.9 million thanks to drawings for the games moving to seven days a week.

“We’ve also seen a solid increase in Powerball and Mega Millions sales for the period. Powerball sales were up 25.7% and Mega Millions sales rose 29.8%,” Harville said.

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She attributed this to both games having solid jackpot rolls – the Mega Millions jackpot of $432 million was hit Tuesday night in New York, but the Powerball roll continues with that game having a $523 million jackpot for Saturday night.

Net income for the period was $54.6 million, which is $981,000 or 1.8% more than the prior year and $43,000 or 0.1% more than budgeted. Garrison said prize expense for the year is higher than budgeted due to higher-than-anticipated prize payments to players of the daily Pick 3 and Pick 4 draw games.

“Players won more prizes than were expected due to frequently played number sequences such as 8-8-8 and 2-0-2-0 being drawn in those games,” said Garrison.

Pick 3 is budgeted to pay 60% in sales back in the form of prizes, but year-to-date that number is at 62.4%. For the Pick 4 game, budgeted prizes are 50% of sales, but the game has paid 61.6% in prizes for the year so far.

“The higher prize expense was offset by operating expenses coming in lower than had been budgeted at only 2% of overall sales,” said Garrison.

The board also approved rules and regulations for six scratch-off tickets and new or amended rules and regulations for five Instant Play games.

The next meeting of the Kentucky Lottery’s board of directors will be November 19th. The meeting will begin at 10:00 AM EST and will be held at the KLC headquarters at 1011 West Main Street in Louisville.

The audit committee meeting will begin at 8:00 AM EST, as well as the procurement committee at 9:00 AM EST.

The Kentucky Lottery has earned over $6 billion for the Commonwealth since 1989.  KLC dividends pay for college scholarships, grants and education programs. Visit www.kylottery.com to learn more.

SOURCE: The Kentucky Lottery.

 

IGT NASPL

 

IGT's G2E 2021 Portfolio Celebrates "It's Game Time!"

 

- Expands mechanical reel hardware portfolio with DiamondRS™ cabinet

- Unveils large-format Peak65™ cabinet with premium licensed content

- Leads cashless gaming revolution with IGT Resort Wallet™ and IGTPay™

- Demonstrates iGaming growth with extended IGT PlayCasino game portfolio

- Introduces PlaySports content on market-leading PeakBarTop™ cabinet

- Expands performance-tested game library across core and MLP portfolio

- Continues 25th anniversary celebration of IGT's Wheel of Fortune® Slots

 

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LONDON, Sept. 27, 2021 -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it will exhibit its latest innovations for land-based casinos, the digital gaming sector and the fast-growing sports betting industry at the 2021 Global Gaming Expo ("G2E") held Oct. 5-7 in Las Vegas, Nev.

IGT expands mechanical reel hardware portfolio with DiamondRS™ cabinet

Under IGT's theme "It's Game Time!" the Company's G2E showcase in booth #3659 will feature performance-tested solutions that are attuned to player preferences of today and market opportunities of the future.

IGT

The Company will also leverage the three-day event to unveil two new form factors, the DiamondRS cabinet and the Peak65 cabinet, which will feature a new Wheel of Fortune theme as part of the Company's 25th anniversary celebration of Wheel of Fortune® Slots.

IGT's partnership with Sony Pictures Television on Wheel of Fortune Slots set a landmark precedent in gaming. For 25 years, the strength of the Wheel of Fortune brand and widespread appeal of the game have set the standard for how licensed brands can translate into compelling slot themes. 

"IGT's G2E 2021 theme 'It's Game Time!' celebrates our excitement for the gaming industry to reconvene and our opportunity to demonstrate compelling, future-forward solutions that engage and entertain players and meet the needs of the evolving gaming industry," said Renato Ascoli, IGT CEO Global Gaming. "IGT's research-backed G2E portfolio is anchored in next-generation games and cabinets, never-before-seen innovations such as the DiamondRS cabinet and growth-driving products such as the Resort Wallet with IGTPay cashless gaming solutions."

"G2E 2021 provides a prime platform for IGT PlayDigital to showcase its digital and sports betting innovations and illuminate how our solutions for these fast-growing segments can deliver incremental growth and complement land-based gaming enterprises," said Enrico Drago, IGT CEO Digital & Betting. "IGT continues to evolve our PlaySports solution with new platform and self-service betting features, and we continuously expand our PlayCasino library with in-demand omnichannel games and compelling business analytics tools."

Product highlights within IGT's G2E booth will include:

  1. Elevates Classic Mechanical Reel Hardware Innovation: G2E will be the global debut for IGT's dazzling DiamondRS mechanical reel cabinet. Backed by IGT's leading pedigree in mechanical reel slots and content, the future-forward DiamondRS cabinet retains many player-preferred classic stepper elements, includes IGT Diamond Glass and features an attention-grabbing square, video top box. The hardware's IGT Diamond Glass allows for supreme player engagement, increased content innovation, and options for denomination and multi-game configurability. The cabinet also accommodates an in-game progressive controller, giving operators even more options for rewarding players. The DiamondRS cabinet is supported with a large library of performance-tested games including new spins on player-favorites with games such as Double Top Dollar™ and Fortune Coin™ Extra™.
  2. Expansion of High-Performing Peak Hardware Family: Tradeshow attendees will be chanting "WHEEL-OF-FORTUNE!" on IGT's new, super-sized Peak65 cabinet. This addition to IGT's Peak hardware family features a 65-inch progressively curved display, a 13.3-inch dynamic player panel with dual bash buttons, and the most advanced graphics, sound and ergonomic technology. At G2E IGT will unveil the Peak65 with new Wheel of Fortune Slots theme, Wheel of Fortune High Roller™. With a vibrant, electronic wheel topper, the Peak65 stands more than 10 feet tall and instantly becomes a jackpot beacon on a casino floor. IGT will also debut the Peak65 with The Price is Right® Come on Down Video Slots, which is an entertaining take on one of the most successful, longest running TV game shows of all time and leverages fan-favorite mini-games such as Plinko, the Showcase Showdown Big Wheel and the Range Game. The Company will also debut Wheel of Fortune Wild Spins Night Life on the PeakSlant49™ cabinet.
  3. Industry's Only Fully Integrated Turnkey Cashless Solution: IGT will demonstrate the usability and versatility of its IGT ADVANTAGE™ casino management system Resort Wallet and IGTPay modules. The convenience-driving solutions make "going cashless" easy for operators and players, and give operators multiple options for offering cashless gaming including carded cashless and cardless cashless, and option with external funding via IGTPay. The Company's systems showcase will also include play-driving Bonusing delivery games and employee mobile convenience apps. Additionally, IGT will spotlight FloorNet™, the Company's latest advancement in IGT ADVANTAGE system architecture that maximizes system performance and provides casino operators with the means to drive incremental growth.
  4. Play-Driving iGaming Content from IGT PlayDigital: In a year that has delivered significant growth in digital and betting, IGT PlayDigital™ will present a high-performing portfolio of engaging PlayCasino games for the globally expanding iGaming market. Standout games from IGT PlayDigital's game portfolio at G2E will include the high-paying MegaJackpots™ Elephant King™ slots, Great Bear slots and a sequel to the Company's top-performing digital game in 2020, Fortune Coin Boost! ™. Next-generation Wheel of Fortune slots and additional omnichannel Powerbucks™ titles will also be on display for G2E attendees.
  5. Winning Sports Betting Technology and Services: Powering sports betting at more than 50 gaming venues across the U.S., IGT's PlaySports platform is backed by a portfolio of user-friendly self-service betting technologies. At G2E, IGT PlaySports will demonstrate its new CrystalFlex™ betting software bundle on the award-winning CrystalBetting™ Terminal and, for the first time, showcase PlaySports content on the widely deployed PeakBarTop cabinet. These new multi-game bundles include the legendary Game King X™ content and enable players to watch their favorite sports, place sports wagers, enjoy slots, and play video poker and keno on the same gaming machine and with the same on-machine funds. IGT PlaySports will also showcase the capabilities of its trading advisory services team, introduce cashless wagering on its PlaySports Kiosk, spotlight the versatility of the PlaySports Pad and demonstrate why PlaySports is the most widely used B2B sports betting solution in the U.S.
  6. New Content for Peak Series Hardware: IGT's focus on quality, performance-tested content for all its form factors will be highly evident at G2E. On the PeakSlant32 cabinet, IGT will debut new games such as Lucky Larry's Lobstermania™ 4 and Greek Lightning/Lucky Lightning™, while Stinkin' Rich Skunks Gone Wild! ™, Da Vinci Diamonds® Masterpiece™, and Wolf Run Eclipse™ are all new, must-play core titles for the premium-quality PeakSlant49™ cabinet. New multi-level progressives within IGT's G2E showcase will include the frequently hitting static WAP Money Mania™, and Wu Wu Coins™ MLP with multiple persistence features.
  7. Silver Anniversary of Most Popular Slot Theme of All Time: IGT will utilize G2E as a platform to continue the 25th anniversary celebration of Wheel of Fortune Slots. The booth will include 25 gaming machines with Wheel of Fortune themes, including 13 never-before-seen titles spanning mechanical reel and video slots. Throughout the three-day event, IGT will host Wheel of Fortune Slots-themed promotions, coordinate giveaways and run spirited tournaments on the Company's all-new Wheel of Fortune Spin & Win game.

 

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Other gaming innovations within IGT's G2E booth will include:

  • Advancements in Electronic Table Games (ETG) content and technology including the highly versatile Peak Terminal, new side bets and the option for multiple games to run on a single terminal via IGT's Concurrent technology.
  • New innovative video poker game concepts for the PeakBarTop, CrystalSlant Poker™, Cobalt 23™ and CrystalCurve™ cabinets. Must-see IGT video poker games at G2E will include All Star Poker® III™, Keno Star™, Lucky Suit Poker™ and Powerhouse Poker Plus™, as well as player-favorites Super Star Poker II™ and Game King X.
  • IGT will round out its G2E portfolio with modernizations in VLT content and hardware, as well as next-generation specialty market products for Historical Horse Racing, Class II and CDS Class II.

 

To learn more visit IGT.com, like us on Facebook at Facebook.com/IGT or follow us on Twitter via @IGTJackpots or via our G2E hashtag: #IGTxG2E21.

 

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 unrivaled 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 11,000 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 (IGT),

 

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Remote Gambling Act: Changes as of October 1, 2021

THE HAGUE, Netherlands (September 28, 2021) -- The Remote Gambling Act (Koa) will have practical consequences with effect from 1 October 2021. The biggest change is that it will be possible to gamble legally online, but there are more changes. Here is an overview of the consequences for players.

Changes for the online player

People who want to gamble online can do so from 1 October 2021 with legal providers. A legal provider has a license from the Gaming Authority. He can demonstrate this by showing a word mark made available by the Gaming Authority. As of 1 October 2021, the player can see which gambling companies have a license and which games they offer via the Gambling Guide of the Gaming Authority , if this is already known to the Gaming Authority.

A legal provider is supervised by the Gaming Authority. This creates a safe environment : the player is assured of a fair game and the provider must pay attention to whether the player does not exceed his limits. The player always remains responsible for his own behaviour. The Gaming Authority urges people who want to gamble online to do so with a provider licensed by the Gaming Authority.

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An online provider with a license checks with effect from 1 October before a player is admitted, whether the person in question is registered in Cruks , the Central Register Exclusion of Chance Games . Read more about how a betting company checks if a player is in Cruks.

Online gambling companies are also required to establish the player's identity under the Money Laundering and Terrorist Financing Prevention Act. Learn  what a gambling company should do with each player's ID.

The online provider checks the player on the basis of gaming behaviour. In the player account, the player indicates, among other things, how much money he wants and can lose, how long he wants to play and how often. If the gaming behavior deviates from this, the provider is obliged to inform the player accordingly. He can do this by having pop-ups or warning texts appear on the screen. Online it is quite possible for games of chance providers to keep an eye on the behaviour of players.

The Netherlands Gaming Authority checks the online games of chance provider using, among other things, the provider 's control database. This is a kind of safe in which the gambling provider must record gaming data. The Gaming Authority can use the data to check whether the provider is acting in accordance with its policy. Without a sound policy, including in the field of addiction prevention, a provider will not be licensed. The Gaming Authority can also compare providers on various aspects. The data in the control database is encrypted and pseudonymised.

Changes for the player at the arcade or Holland Casino

A player who wants to enter an arcade or gaming casino from 1 October is also checked in Cruks, the Central Register Exclusion of Chance Games. Read more about how a betting company checks if a player is in Cruks.

The new law imposes more requirements on arcades and gaming casinos in the field of addiction prevention than was the case under the old law. To begin with, they must register how often a player comes to play. The arcade or gaming casino must also observe players. If gaming behaviour gives cause to do so, the arcade or gaming casino must enter into a dialogue with the player. This can be the case, for example, if a player comes to play very often. Or if the player behaves differently, starts betting more and more or chasing losses.

The arcade or gaming casino must register all interventions and keep a record of them. As an ultimate intervention, the arcade or gaming casino can request the Gaming Authority to register a player in Cruks. If the Ksa decides to do so, the player will be banned for a period of 6 months from participating in games of chance at all providers of the more risky games of chance, both online and at an arcade or casino.

For all players with problems: Loket Kansspel

From October 1, the Loket Kansspel (www.loketkansspel.nl) will be open (refers to another website) active. This provides day and night help and support to players with gambling problems or their loved ones. The counter plays an important role when referring to Cruks .

From 1 October it is also possible to submit a request to the Gaming Authority to register a player in Cruks against his or her will.

SOURCE: De Kansspelautoriteit (Gaming Authority).

 

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