Stéphane Pallez "I am very proud to join la Française des Jeux, a dynamic and popular company that contributes to the public interest. I intend to continue developing the responsible and sustainable model of la Française des Jeux in France and internationally. One of the major challenges of the company is bringing it closer to the people. This entails strengthening the points of sale as well as the digitalization that, combined with the strength of our physical network, will allow us to meet the expectations of today and future customers."
During the Scientific Games’s third quarter earnings conference call, company CEO Gavin Isaacs said the acquisition would increase the company’s cash flow and reduce obligations taken on by the deal. “Our goal is to primarily use our increased free cash flow to pay down debt and bring our leverage ratios back to more optimal levels,” Isaacs said. Isaacs served as chief operating officer of Bally before becoming CEO of SHFL entertainment. Last year, Bally bought SHFL for $1.3 billion. Isaacs became CEO of Scientific Games earlier this year. Isaacs said the transaction came about quickly after a few weeks of talks between Scientific Games and Bally.
“If you have a great idea in the synergies and meeting of the minds and then strategies all align, why is there any reason to procrastinate,” Isaacs said.
"I am pleased to report another solid quarter of growth as our business continues to gain momentum," commented Mr. Man San Law, Founder, Chairman and Chief Executive Officer of "Total purchase amount reached a new record high of US$365.7 million, a 205.1% increase from the same period last year. We are seeing a very real and rapid shift towards mobile as mobile traffic increase at a faster pace than PC traffic. While active users of our mobile app increased only slightly sequentially, they now account for almost half of the total purchase amount, a 74.8% increase from last quarter. With traction for our mobile products increasing rapidly, we will continue to invest in their redesign, service development and marketing as we work to create a great user experience. We are confident that our mobile strategy and its enhanced services will strengthen our position as China's leading online sports lottery service and generate sustainable, long-term revenue."

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The tipping point has arrived. Regulatory changes, universal consumer adoption of digital communication technologies, and the adoption of multi-channel retailing by lottery operators are transforming the face of the industry. The convergence of social media, internet promotional strategies, and traditional advertising channels is opening up entirely new vistas for Lottery to connect with its customers.

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