Statewide, gaming revenues are up 1.63% for the past six months, with a 3.25% increase in slot win and a -0.98% drop in game win. The Las Vegas Strip is up less, at 0.64%. Slot win is up 3.82% for the period, while games are down 03.30%. Downtown Las Vegas is up 6.18%, with a growing slot win (+8.07%) complementing an increasing game win (+1.78%). The Boulder Strip, a weathervane for the Las Vegas market, is up 1.84% for the period.
Kansas Lottery Executive Director Terry Presta has recognized 62 Kansas Lottery retailers for outstanding lottery sales in calendar year 2015. "For the first time, we have two retailers that sold more than $1,000,000 in lottery products in a single year," said Kansas Lottery Executive Director Terry Presta. "We very much appreciate their hard work and the hard work of all of our great retail partners."
In fiscal year 2015, NOVOMATIC AG recruited some 1,900 new employees and was increased turnover by 5.5% to a new record high of more than EUR 2 billion, an increase of 5.5%. The largest gains were generated from proceeds in the area of gaming technology rentals, which increased by 7.9% to EUR 594.7 million. Harald Neumann, NOVOMATIC CEO, said: “This annual result is proof of the successful implementation of our strategy to cover all the segments of the international gaming industry as a full-service supplier and to further extend our market share in key European gaming markets such as Spain, UK and Italy.” In Spain, NOVOMATIC has developed a strong presence based on its successful duality strategy with the take-over of the third-largest manufacturer GiGames and the acquisition of several arcade operations. In the UK, Playnation, a renowned operator in the amusement segment operating some 20,000 amusement machines in over 1,700 locations, was acquired
“We are a company that strives to bring people together from across the globe sharing the same values, innovative spirit and the drive to move the lottery industry forward and provide our customers with up to date technology and services that will help to improve their contribution to the good causes they in turn serve,” said Frank Cecchini, the CEO of NLS. “Our guests were impressed by the enthusiasm and creativity of the NLS team which only assures me that we are on the right track to establishing a leading position in this industry,” added Heidar Karlsson, the CTO of NLS. Click here to read release
Eland will oversee Brightstar’s Information Technology, service delivery and logistics initiatives, and will report to President and CEO, Jaymin B. Patel. Globally, he will be responsible for aligning all IT and service delivery platforms across the company’s six continents of operation. Eland joins Brightstar from IGT Corporation, the world's leading end-to-end gaming company, where he held several global and regional leadership roles over a 31-year career. Most recently, he served as Senior Vice President, Global Services
Australia is going blocking in-play betting by introducing what they call “disruption” tactics to prevent Australian citizens from gambling any further with illegal offshore operators. While the government stopped short of saying that unlicensed sites will be blocked outright, confirmed measures do include the Australian version of a blacklist naming and shaming violating sites and their operators. An additional confirmed measure is federal coordination of prevention efforts with banks and credit card companies.
GLI’s Managing Director of GLI Europe and Africa Martin Britton said, “We would like to thank ONJN in awarding the first Class II license to GLI, and we wish them every success. This will allow our clients to move forward in this regulated market, and we would be happy for suppliers and operators to contact GLI as we have up-to-the-minute information about the Romanian regulation, along with all the various certification and audit requirements. “We see Romania as a key regulated jurisdiction for suppliers and operators moving forward,” he said.
Betting companies are required to obtain a licence that governs tax compliance, payment of duties and ensuring that the bookmaker is fit to hold a licence. But no laws have been implemented requiring bookmakers to monitor for suspicious gambling activity, in contrast to industries such as banking and accountancy. In 2013, proposals for the introduction of gambling regulations were drawn up and agreed on - but three years later the law is yet to be signed off.
Investor Conference Call: Thursday, May 5, 2016 5:00 p.m. Eastern Time / 2:00 p.m. Pacific Time
Scientific Games Group Chief Executive of Gaming Derik Mooberry said, "Our extensive, integrated systems solutions will deliver a single view of the player, centralized management, and offer exciting new ways to attract, reward, and engage players while streamlining operations at Angel of the Winds Casino.
“We’re proud of our many accomplishments and look forward to continuing the success of the Lottery as we generate revenue to educate the next 100,000 students,” said David Barden, New Mexico Lottery chief executive officer.
“Our 10th year is shaping up to be another record-breaking year,” said Alice Garland, executive director of the N.C. Education Lottery. “We know we are going to surpass our goal for the year. The question now is how far beyond $529 million will our earnings go. Every one of those extra dollars will help make a difference for education in North Carolina.”
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