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Scientific Games names new CFO as Quartieri steps down

Scientific Games Corp. has appointed Mike Eklund to serve as its chief financial officer effective June 1.

Eklund assumes the role from Michael Quartieri, who has served as CFO since 2016 and will step down at the end of June to pursue opportunities outside the gaming industry, although he will serve [...]

3 mins read
IGT

IGT brings cashless gaming to Svenska Spel VLTs

New York-listed gaming supplier IGT has rolled out its cashless payment technology in Sweden with Svenska Spel.

IGT’s Intelligen VLT system and Quasar cabinets have powered Svenksa Spel’s video lottery offering since 2017 and now feature IGTPay, a cashless solution that allows players to fund their gameplay through their mobile device.

The [...]

3 mins read
OPAP

OPAP names acting-CEO as Cope prepares to step down

OPAP chief commercial officer Jan Karas will take over as acting chief executive of the Greek lottery operator from 1 June following the departure of Damian Cope.

Cope announced in April that he would stand down from the company at the end of his current four-year contract, which ends this month, [...]

2 mins read

New chair nominated for the Connecticut Lottery

Connecticut Governor Ned Lamont has nominated Rob Simmelkjaer to serve as chair of the Connecticut Lottery Corporation.

As chair of the state lottery, Simmelkjaer will lead the group responsible for overseeing the operations and management of the business. The role is currently vacant.

Simmelkjaer is the founder and CEO of Persona Media, [...]

3 mins read

Tabcorp secures debt waiver and scraps final dividend

Sydney-listed gaming operator Tabcorp Holdings will not to pay a final dividend in relation to its 2020 financial year after securing an agreement with its lenders to waive debt covenants until the end of the year.

Tabcorp has secured agreement from its bank lenders under its Syndicated Facility Agreement (SFA), representing [...]

2 mins read

Sweden records overall gambling decline but most online operators growing

Swedish gambling regulator Spelinspektionen has released data showing an overall decline in online betting and gaming during the COVID-19 pandemic, although operator performances vary.

The data shows that the licensed online gambling market in Sweden grew by 21 per cent in January 2020 compared to January 2019, when the regulated market [...]

1 min read
Switzerland

Switzerland adds 15 domains to iGaming blacklist

The Swiss Lottery and Betting Board has expanded its blacklist of unlicensed online gambling operators.

The latest update from Commission des loteries et paris (Comlot) has seen 15 domains added to the blacklist of unauthorized sites, which are now subject to blocking by Swiss internet service providers.

The latest additions to the [...]

1 min read
Scientific Games

Scientific Games hails record iLottery performance for Pennsylvania Lottery

New York-listed supplier Scientific Games has lauded the performance of Pennsylvania Lottery’s online iLottery platform, which is on course to generate $1bn in sales annually.

The supplier believes that the state’s iLottery offering is the most commercially successful online and mobile platform in North America to date, with total sales for [...]

3 mins read
IGT

IGT slips to Q1 loss as COVID-19 write-downs impact results

New York-listed supplier International Game Technology (IGT) has reported an 18 per cent fall in revenue to $940.2m for the first quarter of 2020, as results were affected by COVID-19 related lockdowns in March.

The company said that the global closure of casinos and gaming halls and widespread mobility restrictions significantly [...]

1 min read

Zeal Network sees profit slide as first quarter revenue drops 48%

Frankfurt-listed online lottery provider Zeal Network has reported a 48 per cent drop in revenue to €19m for the first quarter of 2020.

The company said that the revenue decline was due to expected revenue dis-synergies in connection with its recent business model change. This meant that the comparable period’s results [...]

1 min read
IWG

IWG secures e-Instant games deal with New Hampshire Lottery

IWG has secured its latest deal in the United States to launch its portfolio of online instant win games with the New Hampshire Lottery.

Following a competitive RFP process, the state lottery will become the latest to launch IWG's portfolio of e-Instant games via the nhlottery.com site, including upcoming new releases [...]

2 mins read
Scientific Games

Scientific Games wins LOTTO Thüringen instant games deal in Germany

New York-listed supplier Scientific Games has been awarded a new three-year contract to continue providing instant lottery games to German state lottery operator LOTTO Thüringen.

Scientific Games won the competitive procurement process based on its products and services, including digital instant games (also known as eInstants), which the lottery plans to [...]

2 mins read
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