|Today, we estimate that more than 70 million NCAA March Madness brackets were completed. With an estimated 40 million Americans betting $2 billion dollars on brackets – and another $7 billion on individual games – it is clear that gaming is increasingly embraced nationwide.|
|Lobbyist JeremyChou said, “The lottery is operating efficiently. … You have a problem at the Racing Commission, I think. … But if you do have a problem with the Racing Commission, we ask you, fix the Racing Commission. I don’t think the answer is the creation of a new agency. I don’t think that addresses your issue.”|
|“This is an entertaining instant ticket that continues the MONOPOLY™ theme and ties-in with the dynamic new television game show of the same concept,” said Rebecca Hargrove, CEO and President of the Tennessee Education Lottery Corporation. “We believe this innovative collaboration will add excitement for our players while furthering our mission to raise funds for education in Tennessee.”|
|Anne Noble, CEO of the Connecticut Lottery Corp., said any new gaming would cannibalize lottery revenue, which totaled nearly $320 million for the state last year. That's more than the two existing casinos combined, she noted.|
|Idaho House panel Introduces bill to create a gaming commission that would oversee all gambling in Idaho, putting racing and lottery both under one commission.|
|Betting on college basketball is more than twice the amount wagered on the Super Bowl, which was closer to $4 billion. While some state legislatures grapple with the issue of legalizing professional and college sports gambling as another means of beefing up gaming revenue that otherwise goes to places like Nevada, betting has increasingly become acceptable within popular culture.|
|Sen. Lindsey Graham's lack of email use is surprising since he is one of the lawmakers spearheading Sheldon Adelson-backed efforts to ban online poker nationwide via a proposal to augment some of the language in a 1961 federal bill called the Wire Act. You would think someone bold enough to outlaw a certain Internet industry would at least know something about the internet, the worldwide web, and its business applications.|
|Three years after the Denmark National Lottery operator Danske Spil lost its monopoly on online gambling, there are 29 different companies licensed to offer casino games and 15 licensed for betting.
Danske Spil is still the biggest company in the Danish market, but the changing gambling habits of Danes have come at a cost to the company. Danske Spil's financial statements for 2014 show that their profits were DKK 95 million down on 2013, representing a 5.8% drop.
|"With the combination of Scientific Games and Bally, we are focused on becoming the partner of choice for gaming, lottery and interactive customers," said President and Chief Executive Officer Gavin Isaacs. "To this end, we plan to launch an exciting array of new products across our Bally, WMS, Shuffle Master, Williams, Barcrest and lottery brands throughout the world in 2015. At the same time, as we continue to invest in developing innovative new products and services to help our customers grow their businesses, we also are just as committed to quickly implement our integration plans to realize targeted cost savings and generate growing free cash flow." Mr. Isaacs continued, "We believe that our planned new product and service introductions will demonstrate that no other company can match the breadth and depth of our differentiated solutions to address the needs of gaming, lottery and interactive customers. The diversity of our products and services and the scale of our operations uniquely position Scientific Games to effectively serve our customers and achieve long-term growth."|
|“We ended 2014 on another robust quarter, with strong product sales in the Americas and International and steady service revenues overall,” said Marco Sala, CEO of GTECH S.p.A. “We are finalizing the acquisition of IGT, ready to initiate the integration of our two companies, and to consolidate our leadership of the global gaming industry.” "Our underlying operating performance was very solid in the fourth quarter,” said Alberto Fornaro, CFO of GTECH S.p.A. "Excluding one-off items primarily related to the IGT acquisition, we achieved or exceeded guidance in all our key full-year metrics: EBITDA, CapEx, Operating Income, and Net Financial Position.”|
SMART-Tech 2015 Conference
Thank you to our fabulous Sponsors,
Speakers and Panelists and thank you for attending our
largest Smart-Tech ever!!
See you in Miami for Lottery Expo September 9-11, 2015