|Tourism Minister Shawn Crockwell has said, “Following an extensive review and analysis, the government has decided to embrace the Integrated Casino Resort model for Bermuda. Although we will be unique and maintain our special Bermuda brand this model is similar to the Aruban and Singaporean casino models.” “Casino Gaming is not a panacea but a much needed amenity for our tourism product. We must augment our tourism offerings and we must enhance our tourism infrastructure.|
|Steven P. Perskie was the primary author of New Jersey’s Casino Control Act, which has served as a model elsewhere around the world, and has served as a casino regulator and judge. As the casino industry struggles, he recently sat down to talk about the region’s issues and possible ways forward.|
|David Baazov bought PokerStars by selling approximately $1.7 billion of Amaya stock for about $18 and convertible preferred shares with a conversion price of about $21 per common share. Blackstone’s credit division invested $1 billion, getting shares at essentially an effective price of some $15 a piece after Baazov threw in nearly free warrants for his most important financial backer. With that one transaction Baazov is now the new king of online gambling, a near-billionaire player in a complex and high-stakes game.|
|The Kentucky Lottery Corp. directors took a major step toward online ticket sales at a meeting Friday by choosing to negotiate with GTECH to develop the computer-based system for what is being called iLottery services and games. Lottery president and CEO Arch Gleason said the outcome of the negotiations will determine what games will be offered online as well as when and how the ticket sales will be handled. He said the best initial candidates for online ticket sales are probably Powerball and Mega Millions.|
|FortuneCookieAdvertising.com will be distributing almost 1 million fortune cookies in over 70 Chinese restaurants throughout Kansas City, St Louis, Springfield, Jefferson City and Columbia. This is the first time the Missouri Lottery has implemented this form of advertising. Missouri Lottery officials said they are tapping into this large audience by sponsoring the fortunes and lucky numbers inside the cookies, creating a fun way for players to pick their number for various lottery games. "The Missouri Lottery is continually searching for fun and innovative ways to reach new players," said May Scheve Reardon, executive director of the Missouri Lottery. "What could be more unique than using fortune cookie messages? We're anxious to see how customers respond to this new advertising medium."|
|Dating back to the 19th century, the Fat One is a cultural institution in Spain, where people stand in line for hours at certain sales points considered to be “lucky,” and tickets get sold months in advance. The state agency hired advertising firm Leo Burnett to produce this year’s series of spots, said Selae president Inmaculada García Martínez. Each commercial tells a short and moving story about ordinary people and how the lottery touches their lives, often indirectly. Juan García Escudero, creative director at Leo Burnett, said they knew the focus had to be on the word “sharing.” “The lottery is won by work colleagues, by people you see down at the corner bar, by relatives. We are all participating, really,” he said. Hence the decision to make this year’s slogan “The best prize is sharing it.”|
|Analyst firm Gartner forecasts there will be 25 billion things connected on the internet by 2020|
|Customer Acquisition was the key in a product-selling word. Customer Retention is the key in a services-based world, and it’s all a services-based economy now.|
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Public Gaming Magazine January/February 2014