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ZEAL Network expects full year revenue to drop to €113.5m

Frankfurt-listed lottery provider ZEAL Network has reported a 27 per cent drop in preliminary revenue to €113.5m for 2019, with results impacted by a €26.3m payout from its former secondary lottery business and its change in business model.

Total billings increased by 58 per cent to €466.7m following its takeover of Lotto24 during the year, [...]

1 min read
Tabcorp

Lotteries & Keno drive Tabcorp first half revenue growth

Sydney-listed gaming giant Tabcorp has reported a 4 per cent increase in revenue to AUD$2,913.9m for the first half ended 31 December, buoyed by a strong performance from the Lotteries & Keno segment.

Revenue from Lotteries & Keno rose 12 per cent year-on-year to $1,584.3m, driven by digital and retail growth and a [...]

1 min read
Lottery

Alaska Governor calls on legislature to establish state lottery

Alaska Governor Mike Dunleavy has introduced legislation to establish a new lottery to help fund state expenditure.

The proposed bill would establish the Alaska Lottery Corporation as a new state-owned entity within the Department of Revenue with authority to offer in-state and multi-state draw games, scratchers, sports betting and keno.

Revenue from the state lottery would help to [...]

1 min read
Scientific Games

Scientific Games posts 2019 revenue growth despite Q4 blip

New York-listed supplier Scientific Games has reported a 1 per cent increase in revenue to $3.40bn for the full 2019 year, despite posting a decline in revenue during the final quarter of the year.

Revenue in Q4 fell by 3 per cent year-on-year to $863m, largely driven by a 5 per cent drop on [...]

1 min read
Lottoland

Lottoland appoints new chief legal and compliance officer

Gibraltar-based lottery betting operator Lottoland has appointed Ciara Lally as its new chief legal and compliance officer.

Reporting into chief executive Nigel Birrell, Lally will be responsible for all of Lottoland’s legal, compliance and regulatory affairs.

She joins the operator from GVC where she has held various senior roles within the legal and compliance teams [...]

2 mins read

Canada’s Atlantic Lottery confirms Chris Keevill as next CEO

Canadian provincial lottery operator Atlantic Lottery Corporation (ALC) has appointed Chris Keevill as its new president and CEO.

Keevill will take up his position on 1 May, replacing incumbent CEO Brent Scrimshaw who announced his retirement last September after more than 13 years’ service.

Keevill brings with him more than 20 years’ experience [...]

1 min read
Loto-Quebec

Strong growth in online gaming fails to offset lottery decline at Loto-Quebec

Canadian provincial lottery operator Loto-Quebec has reported a 3 per cent fall in revenue for the first nine months of its 2019/20 fiscal year, with solid growth from gaming halls and online casino failing to offset lower lottery and land-based casino revenue.

Revenue for the nine-month period ended 31 December amounted to CAD$2.10bn compared [...]

1 min read
Svenska Spel

Svenska Spel Q4 revenue grows to SEK2.48bn

Swedish state-owned lottery and gaming operator Svenska Spel has reported a 2 per cent drop in full year net gaming revenue to SEK8.58bn (€813.9m) for 2019, despite an improved performance during the fourth quarter.

Svenska Spel said that its digital and sports and casino businesses continued to develop positively during the [...]

1 min read
Alabama

Alabama Governor forms latest gambling study group

Alabama Governor Kay Ivey is following in the footsteps of her predecessor by forming an expert group to study gambling policy in the state.

Governor Ivey signed the executive order establishing the Study Group for Gambling Policy on Friday, promising to deliver facts about gambling.

“I am committed to, once and for all, [...]

1 min read
FDJ

FDJ shares hit new high as lottery and sports betting drive 2019 growth

Paris-listed lottery and gaming operator FDJ has reported a 9 per cent increase in stakes to €17.2bn for the full 2019 year, driven by growth across its lottery and sports betting products.

The operator said it recorded its highest annual growth rate since 2004, with €11.7bn paid out in winnings during the year, representing a [...]

1 min read
BCLC

BCLC hopes new gambling deposit limit will tempt players to legal offering

Canada’s British Columbia Lottery Corporation (BCLC) has increased its online deposit limit ten-fold in an attempt to attract high-spending players to its PlayNow.com gaming site.

PlayNow is the only legal online gaming site in British Columbia but has failed to effectively channel gaming demand to its regulated offering due to its inability to offer popular [...]

1 min read

The Gaming Intelligence HOT 50 of 2020

The Gaming Intelligence Hot 50 is a celebration of the most innovative and inspiring people working in the betting and gaming industry.

It is an annual event acclaiming the people who have made a difference to their company or to the industry during the past year, or those who are in a key position [...]

6 mins read
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