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IGT

IGT names new head to lead people and transformation team

New York-listed supplier International Game Technology (IGT) has promoted Dorothy Costa to the role of global head of people and transformation.

Costa, who previously served as IGT vice president of people and transformation for North America, will report directly to IGT chief executive Marco Sala.

Costa has more than 26 years of [...]

2 mins read

Pollard Banknote partners Abacus Solutions to drive in-lane retail lottery sales

Toronto-listed lottery supplier Pollard Banknote has partnered Abacus Solutions International to develop a new in-lane retail lottery solution for its customers.

The agreement will see Pollard Banknote integrate its scanACTIV solution with Abacus’ Fusion platform, enabling retailers to market and sell instant lottery tickets at the register or at self-checkout stands [...]

3 mins read

COVID-19 crisis hits gaming investors hard

The first quarter of 2020 has not gone according to anyone's plan, to state the obvious. Markets and businesses across the globe have experienced unprecedented disruption and the chaos was hard felt by gaming operators and suppliers alike.

After seeing their combined share prices increase by 45 per cent in 2019, [...]

1 min read

Falling sales lead to withdrawal of guaranteed multi-state lottery jackpots

Social distancing measures to limit the spread of the Covid-19 virus have highlighted US lotteries’ reliance on retail sales, with the multi-state Powerball and Mega Millions games no longer guaranteeing minimum jackpots due to falling sales.

The change to the Powerball jackpot is the second in as many weeks following the [...]

1 min read
Scientific Games

Scientific Games wins new gaming systems deal for Iowa Lottery

New York-listed supplier Scientific Games has won a ten-year contract to provide a new statewide gaming system for the Iowa Lottery.

The Iowa Lottery Authority Board voted 5-0 to award Scientific Games the contract to upgrade the lottery's 2011 technology at 2,400 retail locations, with minimal disruption to game sales.

The ten-year [...]

2 mins read

Singapore Pools suspends lottery and online betting service

Singapore Pools has suspended all lottery draws and totalizator sales in line with stricter measures that have been brought in to manage the COVID-19 crisis in Singapore.

All online lottery and betting sales end today (6 April), while retail outlets will be allowed to stay open until the end of the [...]

1 min read
FDJ

FDJ takes out syndicated loan for exclusive French lottery and betting rights

French gaming and lottery operator La Française des Jeux (FDJ) has taken out a €380m syndicated loan to pay for its exclusive rights to operate lottery and sports betting in France.

FDJ will use the loan to pay the French government for its exclusive 25-year rights to operate lottery games and [...]

1 min read

OPAP warns of significant reduction in revenue

Greek gaming operator OPAP said Thursday that it is introducing new measures to protect the business from the impact of COVID-19 after seeing a €130m reduction in monthly gross gaming revenue.

This followed the closure of retail venues on 13 March in a bid by the Greek government to contain the [...]

1 min read
OPAP

VLTs drive OPAP revenue growth in 2019

Athens-listed lottery and gaming operator OPAP has reported a 5 per cent increase in gross gaming revenue to €1.62bn in 2019, benefiting from a strong contribution from video lottery terminals (VLTs).

Gross gaming revenue (GGR) from VLTs rose 43 per cent year-on-year to €297.7m, helping to offset declines in the lottery, [...]

1 min read

Damian Cope to step down as OPAP chief executive

Greek gaming operator OPAP has confirmed that chief executive Damian Cope will be leaving the company at the end of May.

Cope has led the business since July 2016 and is stepping down at the end of his current four-year contract to return to the UK.

He will continue to support the [...]

1 min read
Spain

Spain restricts most gambling advertising during COVID-19 shutdown

The Spanish government has published new regulations today that restrict gambling operators' ability to market to consumers during the current COVID-19 state of emergency.

More than fifty new measures have been introduced with immediate effect through a Royal Decree to reinforce those already adopted by the Spanish government in the past [...]

1 min read
Advertising Standards Authority

ASA bans misleading ad for Lucky Goal free-play app

The UK Advertising Standards Authority (ASA) has banned an ad by a Hong Kong-based gaming operator targeting consumers in the United Kingdom.

The in-app video advertisement for the Lucky Goal app, seen on 25 November 2019, was found to be misleading and unsubstantiated for exaggerating the chance of winning.

It first showed the mobile phone screen [...]

1 min read
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