Lottery

La Française des Jeux (FDJ) issues an initial estimate of the effects of the Covid-19 epidemic on its business

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Stéphane Pallez, Chairwoman and CEO of FDJ, commented as follows: “Today we are facing an unprecedented and exceptional situation that requires the mobilization of everyone and will weigh on our business for an indefinite period. In that respect, the FDJ Group has very quickly organised itself to face this unprecedented health crisis in a responsible manner and limit the consequences on its employees, customers, retailers and shareholders, thanks to its resilience, responsiveness and the commitment of everyone at FDJ.”

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The Illinois Lottery is bringing back its ‘20 Years of Cash’ instant tickets

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“We’re excited to relaunch one of the Lottery’s favorite games, with this family of ‘20 Years of Cash’ scratch-off tickets,” said Illinois Lottery Acting Director Harold Mays. “These instant games are among our player favorites and may change the lives of some lucky players for many years to come.”

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Fourth Consecutive U.S. Record For Scientific Games' Scratch-Offs Partner Florida Lottery

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Justin Rock, Florida Lottery Deputy Secretary of Product and Sales, said, "We are proud that our continued focus on our instant game products has broken another U.S. record, and even more excited that our collaboration with Scientific Games has generated more funding to enhance education in Florida. This a testament to the careful research, planning and marketing that goes into our Scratch-offs so they provide an enjoyable entertainment value to Floridians."

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SAZKA and Austrian state holding company OBAG have entered into a cooperation agreement that paves the way for the Czech-based lottery and gaming group to become the majority owner of lottery group Casinos Austria

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“We see this cooperation as a long-term partnership and want to use our expertise in the lottery and gaming sector to help further strengthen Casinos Austria AG and Austrian lotteries,” said SAZKA Group Chief Executive Robert Chvatal.

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Rhode Island Lottery Director Gerald Aubin is retiring after more than two decades overseeing the state’s gambling operations

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“Gerry is well-respected nationwide for his deep knowledge of the lottery industry, and Rhode Islanders for decades have benefited from having someone with Gerry’s experience and expertise at the helm,” Gov. Gina Raimondo said in the news release. “He will be sorely missed. We wish him a long and happy retirement.”

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Stephen Rigby, CEO of Ontario Lottery and Gaming Corporation is stepping down

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The Board of Directors thanks Stephen for his outstanding service as the President and Chief Executive Officer of OLG. During that time, OLG has delivered unprecedented value to the Province. OLG’s returns have grown from $1.7 billion in 2015 to nearly $2.5 billion and are on track to attain over $3.0 billion by 2022-23. This growth reflects a healthy and thriving land-based gaming, lottery and digital business.

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Oregon Lottery Director Tells Board Profitability for Sports Betting Will ‘Take Time’ as Officials Seek to Improve Operations

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“We started this whole process acknowledging that launching a new sales channel and a new product would take time to get to profitability,” said Lottery Director, Barry Pack. “So, there is no big surprise here that we aren’t at profitability at four months. We did a three-year forecast because we weren’t sure exactly where in that first three years we’d hit profitability.”    Pack noted several reasons for the deficit, including higher than anticipated costs at startup, smaller than anticipated margins, and the ban on college betting.

Read moreOregon Lottery Director Tells Board Profitability for Sports Betting Will ‘Take Time’ as Officials...